Daihatsu Diesel Mfg : FY 2024 Interim Financial Result

Consolidated Financial Results

for the Six Months Ended September 30, 2023

[Japanese GAAP]

October 26, 2023

Company name: Daihatsu Diesel Mfg. Co., Ltd.

Stock exchange listing: Tokyo Stock Exchange

Code number: 6023

URL: https://www.dhtd.co.jp

Representative: Yoshinobu Hotta, President

Contact: Takashi Mizushina, Director

Phone: [phone]

Scheduled date of filing quarterly securities report: November 13, 2023

Scheduled date of commencing dividend payments: -

Availability of supplementary briefing material on quarterly financial results: Available

Schedule of quarterly financial results briefing session: Scheduled (for institutional investors and analysts)

(Amounts of less than one million yen are rounded down.)

1. Consolidated Financial Results for the Six Months Ended September 30, 2023 (April 1, 2023 to September 30, 2023)

(1) Consolidated Operating Results		(% indicates changes from the previous corresponding period.)
	Net sales		Operating profit	Ordinary profit	Profit attributable to
		owners of parent
Six months ended	Million yen	%	Million yen	%	Million yen	%	Million yen	%
September 30, 2023	37,220	17.8	938	40.6	1,171	40.6	1,888	149.8
September 30, 2022	31,584	35.2	667	106.0	832	35.0	756	26.2

(Note) Comprehensive income: Six months ended September 30, 2023: 2,050 million yen [93.6%]

Six months ended September 30, 2022: 1,059 million yen [56.2%]

Basic earnings per share

Diluted earnings per share

Six months ended

Yen

Yen

September 30, 2023

59.79

-

September 30, 2022

23.94

-

(2) Consolidated Financial Position

Total assets

Net assets

Equity ratio

As of September 30, 2023

Million yen

Million yen

%

96,049

46,952

48.8

As of March 31, 2023

95,377

45,724

47.9

(Reference) Equity: As of

September 30, 2023:

46,905 million yen

As of March 31, 2023: 45,678 million yen

2. Dividends

Annual dividends

1st quarter-end

2nd quarter-end

3rd quarter-end

Year-end

Total

Fiscal year ended

Yen

Yen

Yen

Yen

Yen

March 31, 2023

-

0.00

-

28.00

28.00

Fiscal year ending

-

0.00

March 31, 2024

Fiscal year ending

March 31, 2024

-

33.00

33.00

(Forecast)

(Note) Revision to the

forecast for dividends announced most recently: Yes

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2024 (April 1, 2023 to March 31, 2024)

(% indicates changes from the previous corresponding period.)

	Net sales		Operating profit	Ordinary profit	Profit attributable	Basic earnings
		to owners of parent	per share
Full year	Million yen	%	Million yen	%	Million yen	%	Million yen	%	Yen
78,000	8.2	3,600	(0.0)	3,800	3.8	3,500	18.7	109.89

(Note) Revision to the financial results forecast announced most recently: Yes

* Notes:

1. Changes in significant subsidiaries during the period under review (changes in specified subsidiaries resulting in changes in scope of consolidation): No
2. Accounting policies adopted specially for the preparation of quarterly consolidated financial statements: No
3. Changes in accounting policies, changes in accounting estimates and retrospective restatement

1. Changes in accounting policies due to the revision of accounting standards:No
2. Changes in accounting policies other than 1) above: No
3. Changes in accounting estimates: No
4. Retrospective restatement: No

1. Total number of issued shares (common shares)

1. Total number of issued shares at the end of the period (including treasury shares):

September 30, 2023: 31,850,000 shares

March 31, 2023: 31,850,000 shares

1. Total number of treasury shares at the end of the period: September 30, 2023: 200,335 shares
   March 31, 2023: 280,235 shares
2. Average number of shares during the period:

Six months ended September 30, 2023: 31,588,976 shares

Six months ended September 30, 2022: 31,576,354 shares

• These quarterly financial results are outside the scope of quarterly review procedures conducted by a certified public accountant or audit corporation.
• Explanation of the proper use of financial results forecast and other notes

The financial results forecasts and other forward-looking statements herein are based on information and certain assumptions deemed reasonable as of the date of publication of this document. Actual results may differ significantly from these forecasts due to a wide range of factors. Please refer to "Explanation of Consolidated Financial Results Forecast and Other Forward-looking Information" on page 3 of the attached material for the assumptions the financial results forecasts are based on, and notes on their use.

(How to obtain supplementary briefing material on annual financial results and information on the briefing session)

A briefing session for institutional investors and analysts is scheduled to be held on Thursday, November 9, 2023. The briefing materials will be posted on the Company's website after the session.