Kanamoto : Fiscal Year ended Oct, 2022 (Full Year)

Fiscal Year ended October 31, 2022

Financial Statements Bulletin (Japan GAAP)

Listed Company Name	Kanamoto Co., Ltd.	December 9, 2022
Company Code Number	9678
Listing Exchanges	Tokyo Stock Exchange, Sapporo Stock Exchange
URL	https://www.kanamoto.co.jp
Representative	Tetsuo Kanamoto	President and CEO
Inquiries	Shun Hirose	Director & Corporate Officer, Division Manager,
		Accounting Division
		TEL [phone]

Scheduled date for Regular General Meeting of the Shareholders	January 26, 2023
Scheduled date for commencement of dividend payments	January 27, 2023
Scheduled date for submission of Annual Securities Report	January 26, 2023
Preparation of Supplementary Explanatory Materials:	Yes
Earnings Briefings (For institutional investors and analysts):	Yes

(Numbers less than one million yen have been rounded down)

1. Consolidated Operating Results for the Fiscal Year ended October 31, 2022

(November 1, 2021 - October 31, 2022)

(1) Consolidated Operating Results				(Percentages show the change from the prior year)
		Net Sales			Operating Profit		Ordinary Profit		Profit Attributable to
							Owners of Parent
		Millions of yen		%	Millions of yen	%	Millions of yen	%	Millions of yen		%
	Fiscal year ended	188,028			-	13,229		-9.5		13,780	-10.5			8,345		-6.3
	October 31, 2022
	Fiscal year ended	189,416		5.8	14,624		2.6		15,391	7.9			8,907		5.2
	October 31, 2021
	(Note) Comprehensive	income (millions	of yen)
	Fiscal year ended October 31, 2022			10,676	(-4.5%)
	Fiscal year ended October 31, 2021			11,174	(25.1%)
		Earnings per		Earnings per						Ordinary Profit to		Operating
			Share on a Fully		ROE
		Share				Total Assets		Margin
			Diluted Basis
		Yen			Yen				%			%				%
	Fiscal year ended	224.64				-				6.4			4.5				7.0
	October 31, 2022
	Fiscal year ended	235.55				-				7.2			5.1				7.7
	October 31, 2021
	(Reference) Investment	profit or loss accounted for by the equity method (millions of yen)
	Fiscal year ended October 31, 2022	−
	Fiscal year ended October 31, 2021	−

(Note) The Company applied the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, March 31, 2020), etc. from the beginning of the fiscal year ended October 31, 2022, and the figures for the fiscal year ended October 31, 2022 are figures after the application of the said accounting standard. As a result, the percentage of change for net sales from the previous year is not shown.

(2) Consolidated Financial Position

		Total Assets		Net Assets	Equity Ratio	Net Assets per Share
		Millions of yen		Millions of yen	%	Yen
	As of October 31,		305,320		140,611	43.2	3,571.98
	2022
	As of October 31,		303,754		134,917	41.8	3,357.10
	2021
	(Reference) Equity (millions of yen)
	As of October 31, 2022	131,958
	As of October 31, 2021	126,956

(Note) The Company applied the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, March 31, 2020), etc. from the beginning of the fiscal year ended October 31, 2022, and the figures as of October 31, 2022 are figures after the application of the said accounting standard.

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(3) Consolidated Cash Flows

	Net Cash Provided by	Net Cash Provided by	Net Cash Provided by	Cash and Cash
	(Used in) Operating	(Used in) Investing	(Used in) Financing	Equivalents at End of
	Activities	Activities	Activities	Period
	Millions of yen	Millions of yen	Millions of yen	Millions of yen
Fiscal year ended	33,158	-11,331	-30,893	47,047
October 31, 2022
Fiscal year ended	39,351	-3,373	-28,794	55,557
October 31, 2021

2. Dividends

		Annual Dividends per Share		Dividends in	Dividend	Dividends on
	End of	End of	End of
			Total	Payout Ratio	Net Assets
	first	second	third	Year-end	Full-year
	(Full Year)	(Consolidated)	(Consolidated)
	quarter	quarter	quarter
	Yen	Yen	Yen	Yen	Yen	Millions of yen	%	%
Fiscal year ended	-	25.00	-	45.00	70.00	2,647	29.7	2.2
October 31, 2021
Fiscal year ended	-	35.00	-	40.00	75.00	2,770	33.4	2.2
October 31, 2022
Fiscal year ending
October 31, 2023	-	35.00	-	40.00	75.00		32.3
(projected)

3. Projected Consolidated Operating Results for the Fiscal Year Ending October 31, 2023 (November 1, 2022 - October 31, 2023)

(Percentages show the change from the prior year)

	Net Sales		Operating Profit	Ordinary Profit	Profit Attributable to	Earnings per
		Owners of Parent	Share
	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%	Yen
Interim period	96,700	3.2	6,200	-12.7	6,200	-16.9	3,600	-20.7	98.78
Full year	198,000	5.3	14,000	5.8	14,100	2.3	8,400	0.7	231.87

(Note) At a meeting of the Board of Directors held on December 9, 2022, the Company resolved to acquire its own shares, and the "Earnings per Share" in the projected consolidated operating results for the fiscal year ending October 31, 2023 takes into account the impact of this acquisition of own shares.

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Notes

1. Changes in material subsidiaries during the period under review (changes in specific subsidiaries in conjunction with a change in the scope of consolidation): No
2. Changes in accounting principles, changes in accounting estimates and retrospective restatements
3. 1. Changes in accounting policy in conjunction with revision of accounting standards: Yes
   2. Changes other than the above: No
   3. Changes in accounting estimates: No
   4. Retrospective restatements: No
4. Number of shares issued (common shares)
5. 1. Number of shares outstanding at the end of the period (including treasury shares)

As of October 31, 2022:	38,742,241 shares
As of October 31, 2021:	38,742,241 shares
(b) Number of treasury shares at the end of the period
As of October 31, 2022:	1,799,490 shares
As of October 31, 2021:	924,846 shares
(c) Average number of shares outstanding during the period
Fiscal year ended October 31, 2022:	37,148,669 shares
Fiscal year ended October 31, 2021:	37,813,895 shares

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(Reference) Summary of Non-Consolidated Operating Results

1. Non-Consolidated Operating Results for the Fiscal Year Ended October 31, 2022

(November 1, 2021 - October 31, 2022)

(1) Non-Consolidated Operating Results	(Percentages show the change from the prior year)
			Net Sales		Operating Profit	Ordinary Profit	Profit
			Millions of yen		%	Millions of yen		%	Millions of yen	%	Millions of yen	%
	Fiscal year ended	115,714		-	6,462		-13.9	7,454	-12.0	4,959	-8.0
	October 31, 2022
	Fiscal year ended	117,687		-0.8	7,503		-8.2	8,471	-2.7	5,392	-7.9
	October 31, 2021
			Earnings per Share	Earnings per Share
			on a Fully Diluted Basis
					Yen			Yen
	Fiscal year ended	133.50			-
	October 31, 2022
	Fiscal year ended	142.61			-
	October 31, 2021
	(Note)	The Company applied the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, March 31, 2020), etc.
		from the beginning of the fiscal year ended October 31, 2022, and the figures for the fiscal year ended October 31, 2022
		are figures after the application of the said accounting standard. As a result, the percentage of change for net sales from
		the previous year is not shown.
(2) Non-Consolidated Financial Position
			Total Assets		Net Assets		Equity Ratio	Net Assets per Share
			Millions of yen	Millions of yen		%		Yen
	As of October 31,	226,854	107,392		47.3	2,906.99
	2022
	As of October 31,	229,544	107,480		46.8	2,842.10
	2021
	(Reference) Equity (millions of yen)
		As of October 31, 2022		107,392
		As of October 31, 2021		107,480
(Note)	The Company applied the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, March 31, 2020), etc.
		from the beginning of the fiscal year ended October 31, 2022, and the figures as of October 31, 2022 are figures after
		the application of the said accounting standard.

2. Projected Non-Consolidated Operating Results for the Fiscal Year Ending October 31, 2023 (November 1, 2022 - October 31, 2023)

(Percentages show the change from prior year)

	Net Sales		Ordinary Profit	Profit		Earnings per Share
	Millions of yen	%	Millions of yen	%	Millions of yen	%	Yen
Interim period	56,600	-1.3	2,700	-28.6	1,800	-29.4	49.39
Full year	118,900	2.8	7,900	6.0	5,300	6.9	146.30

(Note) At a meeting of the Board of Directors held on December 9, 2022, the Company resolved to acquire its own shares, and the "Earnings per Share" in the projected consolidated operating results for the fiscal year ending October 31, 2023 takes into account the impact of this acquisition of own shares.

Note: Financial results reports are not required to be audited by certified public accountants or an audit corporation.

Note: Explanation concerning appropriate use of the projected operating results and other items to note (Note concerning forward-looking statements)

The forward-looking statements, including business results forecasts, contained in these materials are based on information currently available to the Company and on certain assumptions deemed to be reasonable. The Company does not guarantee the achievement of the projections. Actual operating results may differ substantially due to a number of factors.

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(Methods of obtaining the supplementary materials and the content of the earnings briefings)

The Company plans to hold an online meeting for institutional investors and analysts on Monday, December 12, 2022. Following the meeting, the Company will upload the meeting highlights and discussion (voice recording) on the Company's website as quickly as possible, together with the Earnings Briefings materials used that day.

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