Nippon Aqua : Company Presentation Materials (2nd quarter FY2023/12)

Business Results for the Six Months Ended June 30, 2023

August 10, 2023

Nippon Aqua Co., Ltd.

Tokyo Stock Exchange Prime Section #1429

Financial Highlights

Six months ended June 30, 2023

Significant growth both in sales and profit, continue to perform well

Net sales

JPY 13,158M

YoY +12.1%

Ordinary profit

JPY 1,400 M

YoY +49.6%

Single-family Homes Division:

Workdays decreased due to Saturdays and Sundays off. However, the number of work in operation will be increased by promoting human resource development.

Buildings Division:
Profitability improved due to increased demand for non-flammable insulation due to a
return to domestic manufacturing and other factors.	2

1	Overview of Financial Highlights for
the Six Months Ended June 30, 2023

2	Business Environment and Our Initiatives

3	Acquisition and Cancellation of
the 2nd Stock Acquisition Rights

4 Appendix

Net Sales

Six months ended June 30, 2023

(JPY millions)		13,158
+1,011	+128
Waterproofing
Buildings
11,742	+464
	Product
(187)	sales
Single-
family
homes
2022		2023

YoY UP

+ JPY 1,416 M +12.1 %

4

Gross Profit

Six months ended June 30, 2023

(JPY millions)
+1,416
Increase in	(304)			YoY UP
net sales
Increase in
	purchases
(242)	and other
	3,123	+ JPY 706 M	+29.2 %
Higher raw (164)
material	Increase in
prices	support for
2,417	certified			Gross profit margin	20.6%	23.7%
	contractors
2022			2023

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