MIRARTH : Earnings Document

Q2 (FY2023) Annual Securities

Report

(Second Quarter of the 51st fiscal year)

from July 1, 2022

to September 30, 2022

MIRARTH HOLDINGS, Inc.

(Former company name: Takara Leben Co., Ltd.)

1-8-2, Marunouchi, Chiyoda-ku, Tokyo

	Contents
		Page
Cover
Part I. Company Information	1
I. Company Overview	1
1 Trends in Major Management Indicators, Etc.	1
2	Businesses	2
II. Business Overview	3
1	Business Risks	3
2	Management's Analysis of Financial Position, Operating Results and Cash Flows	3
3	Important Contracts Etc. Related to Management	6
III. Information on the Reporting Company	7
1	Stock Information	7
	(1)Total Number of Shares, Etc.	7
	(2)Information on the Share Acquisition Rights, Etc.	8
	① Details of the Stock Option Plan	8
	② Other Subscription Rights	13
	(3)Exercise of Moving Strike Convertible Bonds, Etc.	14
	(4)Changes in Number of Shares Issued and Capital, Etc.	14
	(5)Status of Major Shareholders	14
	(6)Information on Voting Rights	15
2	Officers	15
IV. Financial Information	16
1	Quarterly Consolidated Financial Statements	17
	(1)Quarterly Consolidated Balance Sheets	17
	(2)Quarterly Consolidated Statements of Income and Quarterly Consolidated Statements of Comprehensive Income	19
	Quarterly Consolidated Statements of Income	19
	Quarterly Consolidated Statements of Comprehensive Income	20
	(3)Quarterly Consolidated Statements of Cash Flows	21
2	Others	33
Part II. Information Concerning Guarantors of the Reporting Company	34

[Quarterly Review Report]

[Cover]

[Filing]	Q2 (FY2023) Annual Securities Report
[Applicable provision]	Article 24-4-7(1) of the Financial Instruments and Exchange Act
[Submitted To]	Director-General of the Kanto Local Finance Bureau
[Date of submission]	November 14, 2022
[Quarterly Accounting Period]	Second Quarter of the 51st Fiscal Year(from July 1, 2022 to September 30, 2022)
[Company Name ]	MIRARTH HOLDINGS, Inc．
	(Former company name: Takara Leben Co., Ltd.)
	(NOTE)As a result of the resolution of the 50th Annual Shareholders' Meeting held
	at 24 June, 2022, the company name has been changed from October 1,
	2022, as described above.
[Representative]	Kazuichi Shimada, Representative Director, Group CEO, Group COO and President
	Executive Officer
[Address of head office]	1-8-2, Marunouchi, Chiyoda-ku, Tokyo, Japan
[Telephone]	[phone]
[Contact]	Masashi Yamamoto, Director, Group CFO, Managing Executive Officer and
Executive General Manager of Corporate Planning Headquarters
[Contact address]	Tekko Building 16F 1-8-2, Marunouchi, Chiyoda-ku, Tokyo, Japan
[Telephone]	[phone]
[Contact]	Masashi Yamamoto, Director, Group CFO, Managing Executive Officer and
Executive General Manager of Corporate Planning Headquarters
[Place for public inspection]	Kita-Kanto Branch of MIRARTH HOLDINGS, Inc.
	(1-20-1, Takahanacho, Omiya-ku,Saitama-shi, Saitama)
	Tokyo Stock Exchange, Inc.
	(2-1, Nihombashi Kabutocho, Chuo-ku, Tokyo)

Part I. [Company Information]

I. [Company Overview]

1[Trends in Major Management Indicators, Etc.]

		50th fiscal year Second	51st fiscal year Second
Fiscal term		Quarter Consolidated	Quarter Consolidated	50th fiscal year
		Cumulative Period	Cumulative Period
Accounting period		From April 1, 2021 to	From April 1, 2022 to	From April 1, 2021 to
	September 30, 2021	September 30, 2022	March 31, 2022
Net sales	(Millions of yen)	50,098		73,471	162,744
Ordinary income (loss) (△)	(Millions of yen)		△89		3,810	10,258
Quarterly (current term) net income
(loss) (△) attributable to owners of the	(Millions of yen)		△226		2,875	6,215
parent
Quarterly comprehensive income (loss)	(Millions of yen)		△161		2,901	6,293
(△)
Net assets	(Millions of yen)	53,549		61,143	59,601
Total assets	(Millions of yen)	232,129		251,828	223,473
Quarterly (current term) net income	(Yen)		△2.09		26.35	57.10
(loss) (△) per share
Quarterly (current term) net income per	(Yen)	-		26.16	56.69
share (fully diluted)
Equity ratio	(%)	22.8		24.0	26.5
Cash flow from operating activities	(Millions of yen)		△17,713		△11,231	23,189
Cash flow from investing activities	(Millions of yen)		△11,759		△8,606	△27,871
Cash flow from financing activities	(Millions of yen)	25,228		28,792	△1,132
Cash and cash equivalents at end of	(Millions of yen)	34,263		41,648	32,693
quarter (term end)
			50th fiscal year Second		51st fiscal year Second
Fiscal term			Quarter Consolidated		Quarter Consolidated
			Accounting period		Accounting period
Accounting period		From July 1, 2021 to		From July 1, 2022 to
	September 30, 2021		September 30, 2022
Quarterly net income per share	(Yen)			7.85		24.46

(NOTE)1. We have prepared our quarterly consolidated financial statements. Therefore, we have not presented any changes in the main management indicators of the companies to which we submit the report.

1. Quarterly diluted net income per share of 50th fiscal year Second Quarter Consolidated Cumulative Period is not disclosed because it is a net loss per Shares, although there are potential shares.
2. The provisional accounting treatment for business combinations conducted in the previous First Quarter Consolidated Accounting period has been finalized at the End of Previous Consolidated Accounting Period, and the related key management indicators of Previous 2nd Quarter Consolidated Cumulative period and Previous second quarter consolidated Accounting period are based on the amount after reflecting the significant review of the initial allocation of the acquisition cost due to the finalization of the provisional accounting treatment.
3. • 1 -

2[Businesses]

There have been no material changes to Details of the business conducted by our group (we and our affiliated companies) in Current 2nd Quarter Consolidated Cumulative period. There have also been no changes in major affiliated companies.

Category of Reportable segments has been changed from First Quarter Consolidated Accounting period. The details are described in "Ⅳ Financial Information, 1. Quarterly Consolidated Financial Statements, Notes (Segment Information, Etc.)."

The transition to a holding company structure was resolved at the Board of Directors meeting held on May 30, 2022.

On October 1, 2022, we transitioned to a holding company structure and changed our name to MIRARTH HOLDINGS, Inc. on the same date.

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