Daitron : Financial Report for the 9-month Period Ended Sep 30, 2023

Translation

Consolidated Financial Results

for the 9-month period Ended September 30, 2023

(Japanese GAAP)

November 2, 2023

Company name:	DAITRON CO., LTD.
Stock exchange listing:	TSE Prime Market
Code Number:	7609
URL:	https://www.daitron.co.jp/en/
Representative:	Shinsuke Tsuchiya, President, CEO & COO
Contact:	Hajimu Mouri, Senior Managing Director & Representative Director,
	Senior Managing Corporate Officer & Division Manager-Business Administration
	Tel: [phone]

Scheduled date of filing quarterly securities report:	November 14, 2023
Scheduled date of commencing dividend payment:	－
Support explanatory material for quarterly settlement:	Yes
Explanatory meeting for quarterly financial results:	None

								(Figures less than a million yen are rounded down.)
1. Consolidated financial results for the 9-month period Ended September 30, 2023
	(January 1, 2023 to September 30, 2023)
(1) Consolidated Operating Results (cumulative)	(Percentages indicate year-on-year changes.)
								Ordinary income	Net income attributable
			Net sales	Operating income	to owners of parent
		Million yen	%	Million yen		%	Million yen	%	Million yen		%
	3Q/2023	68,259	6.4	4,731		0.1		4,823	(1.4)	3,216		(2.6)
	3Q/2022	64,168	24.0	4,728		55.4		4,894	56.1	3,301		55.5
	(Note) Comprehensive income: 3Q/2023: 3,723 million yen / 1.1%	3Q/2022: 3,683 million yen / 51.2%
				Net income per share			Diluted net income per share
							Yen						Yen
	3Q/2023				289.70							－
	3Q/2022				297.47							－
	(Note) The diluted net income per share is not presented because there were no potential shares.

(2) Consolidated Financial Position

	Total assets	Net assets	Shareholders'	Net assets
	equity ratio	per share
	Million yen	Million yen	%	Yen
3Q/2023	67,930	28,412	41.8	2,556.87
Fiscal 2022	63,202	26,012	41.1	2,342.79
(Reference) Shareholder's equity: 3Q/2023: 28,389 million yen	Fiscal 2022: 26,006 million yen

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2. Dividends

				Annual dividends
		1Q end	2Q end		3Q end	Fiscal end	Total
		yen	yen		yen	yen	yen
Fiscal 2022		－	45.00		－	70.00		115.00
Fiscal 2023		－	50.00		－
Fiscal2023						65.00		115.00
(forecast)
(Note) Revision of the most recently announced dividend payment expectation: None

3. Consolidated Forecasts for FY2023 (January 1, 2023 to December 31, 2023)

(Percentages indicate year-on-year changes.)

			Operating			Net income	Net income
	Net sales	Ordinary income	attributable to
	income		per share
						owners of parent
	Million yen	%	Million yen	%	Million yen	%	Million yen	%	Yen
Full year	88,000	0.4	5,730	(5.3)	5,730	(7.7)	3,900	(8.0)	351.33
(Note) Revision of the most recently announced operating estimates: None

• Notes

1. Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in the change in scope of consolidation): None
2. Application of accounting procedures specially applicable to preparation of quarterly consolidated financial statements: None
3. Changes in accounting policies, changes in accounting estimates, and restatement
4. 1. Changes in accounting policies associated with the revisions of accounting standards, etc: None
   2. Changes in accounting policies other than above (i): None
   3. Changes in accounting estimates: None
   4. Restatement: None

1. Number of outstanding shares (common shares)
2. 1. Number of outstanding shares at the end of period (including treasury shares)
      3Q 2023 : 11,155,979 shares
      FY 2022 : 11,155,979 shares
   2. Number of treasury shares at the end of period

3Q 2023 :	52,917 shares
FY 2022 :	55,427 shares

• 1. Average number of shares during the period
     3Q 2023 : 11,101,509 shares
     3Q 2022 : 11,098,802 shares
• Quarterly financial results reports are exempt from quarterly review conducted by certified public accountants or an audit corporation.
• Explanations on appropriate use of the forecasts and other special comments [Note for statements concerning the future, etc.]
  The business forecasts are made based on certain information currently available to and judged reasonable by the Company, but not what the Company is committed to attaining.
  The actual results may differ greatly depending on various factors.

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