NS Tool : Summary of Business Results for the First Quarter Ended June 30,2023 (Consolidated) (0.2MB)

Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

Summary of Business Results for the First Quarter Ended June 30, 2023

[Japan GAAP] (Consolidated)

Company

NS TOOL CO., LTD.

Listed on the TSE

July

31, 2023

Stock Code

6157

URL: https://www.ns-tool.com/en/

Representative

Hiroji Goto, President & CEO

Contact

Satoru Toda, Director, General Manager of Corporate Planning Office

TEL: [phone]

and General Manager of Administration Division

Expected date of filing of quarterly report: August 9, 2023

Expected starting date of dividend payment: -

Preparation of quarterly supplementary financial document: Yes

Quarterly results briefing: None

1. Consolidated business results for the three months ended June 2023

(Rounded down to million yen)

(April 1, 2023 through June 30, 2023)

(1) Consolidated results of operations

(% change from the previous corresponding period)

Net sales

Operating profit

Ordinary profit

Profit attributable to

owners of parent

Million yen

%

Million yen

%

Million yen

%

Million yen

%

Three months ended Jun. 2023

2,204

-6.4

326

39.7

332

-38.6

199

38.1

Three months ended Jun. 2022

2,355

542

-6.8

540

-8.3

322

-17.8

-3.7

-

-

(Note) Comprehensive income:

Three months ended June 2023: 200 million yen (-41.1%)

Three months ended June 2022: 340 million yen (-16.5%)

Basic earnings

Diluted earnings

per share

per share

Yen

Yen

Three months ended Jun. 2023

7.98

7.92

Three months ended Jun. 2022

12.94

12.83

(2) Consolidated financial position

Total assets

Net assets

Equity-to-asset ratio

Net assets per

share

Million yen

Million yen

%

Yen

As of Jun. 2023

18,412

17,089

91.7

676.20

As of Mar. 2023

18,857

17,200

90.1

680.51

(Reference) Equity:

As of June 2023: 16,885 million yen

As of March 2023: 16,984 million yen

2. Dividends

Annual dividend

End of 1Q

End of 2Q

End of 3Q

Year-end

Total

Yen

Yen

Yen

Yen

Yen

Year ended Mar. 2023

-

10.00

-

12.50

22.50

Year ending Mar. 2024

-

Year ending Mar. 2024 (forecast)

12.50

-

12.50

25.00

(Note) Revisions to dividend forecast for the current quarter: None

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3. Forecast of consolidated business results for the fiscal year ending March 2024

(April 1, 2023 through March 31, 2024)					(% change from the previous corresponding period)
	Net sales		Operating profit	Ordinary profit	Profit attributable to	Basic earnings
		owners of parent	per share
	Million yen	%	Million yen		%	Million yen		%	Million yen		%	Yen
For the six months	4,970	4.2	930	-	-	3.1	930	-	-	2.7	600	-	-	3.2	24.04
ending Sept. 2023
Year ending Mar. 2024	9,870	2.2	1,820	13.7	1,830	14.2	1,220	17.3	48.88
(Note) Revisions to business forecast for the current quarter: None

*Notes

1. Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes in the scope of consolidation): None
2. Application of accounting procedures specific to preparation of the quarterly consolidated financial statements: Yes

(Note) Application of accounting procedures specific to preparation of the quarterly consolidated financial statements. For more details, please refer to "Application of accounting procedures specific to preparation of the quarterly consolidated financial statements" on page 7 of the attached material.

(3) Changes in accounting policies, accounting estimates and restatement ① Changes in accounting policies associated with revision of accounting standards ②Changes in accounting policies other than ①

③Changes in accounting estimates

④Restatement

1. Shares outstanding (common stock)

• Number of shares outstanding at the end of period (treasury stock included)

As of June 2023	25,035,034 shares
As of March 2023	25,035,034 shares

• Treasury stock at the end of period:

As of June 2023	63,988 shares
As of March 2023	75,866 shares

• Average number of stock during period (quarterly cumulative period)

Three months ended June 2023	24,970,785 shares
Three months ended June 2022	24,899,872 shares

• None
• None
• None
• None

• Quarterly financial summary is not subject to the quarterly review procedures by certified public accountants or auditing firms
• Explanation regarding appropriate use of business forecasts and other special instructions
  Above forecasts are based on information currently available to the company and certain assumptions that the company deems to be reasonable at the time this report was prepared. Actual results may differ significantly from the forecasts due to various factors.

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