Toyo Seikan : Consolidated Financial Results for First Quarter of Fiscal 2023 (Year Ending March 2024)

[Translation]

Consolidated Financial Results for First Quarter

of Fiscal 2023 (Year Ending March 2024)

(Unaudited)

	August 3, 2023
Company name:	Toyo Seikan Group Holdings, Ltd.
Listing:	Tokyo Stock Exchange
Stock code:	5901
URL:	https://www.tskg-hd.com/
Representative:	Ichio Otsuka, President and Director
Contact:	Shinichiro Asada, Operating Officer and General Manager of General Affairs Dept.
	Phone: + 81-3-4514-2001

Filing of quarterly financial report (scheduled):	August 14, 2023
Supplementary materials for the quarterly financial results: To be available
Quarterly financial results briefing:	None

(Figures are rounded down to the nearest million yen.)

1. Consolidated financial results for the first quarter of FY2023 (Three months from April 1, 2023 to June 30, 2023)

1. Year-to-dateresults of operations

(Percentages indicate year-on-year changes.)

	Net sales		Operating income	Ordinary income	Profit attributable to
		owners of parent
	million yen	％		million yen	％	million yen	％	million yen	％
Q1 FY2023	235,349	4.3		7,532	-5.3	11,858	-16.3	8,454	-23.6
Q1 FY2022	225,595	12.9		7,952	-47.3	14,168	-17.3	11,061	-8.9
[Note] Comprehensive income:	14,165 million yen (-32.9%) for Q1 FY2023; 21,115 million yen (29.7%) for Q1 FY2022
	Profit per share			Diluted profit per share
				yen				yen
Q1 FY2023				46.56			－
Q1 FY2022				60.92			－
(2) Financial position
	Total assets		Net assets	Equity ratio
		million yen				million yen		％
June 30, 2023	1,183,594				677,020		54.8
March 31, 2023	1,165,216				671,338		55.2
[Ref.] Equity capital (excluding	non-controlling interests):	648,337 million yen as of June 30, 2023;
			643,051 million yen as of March 31, 2023

2. Cash dividends

			Annual dividend per share
	Q1		Q2	Q3		Q4	Total
		yen	yen	yen		yen	yen
FY2022		－	44.00	－		45.00	89.00
FY2023		－
FY2023 (E)			45.00	－		45.00	90.00

[Note] Revisions to the most recently announced dividend forecast: None

3. Consolidated earnings forecast for FY2023 (from April 1, 2023 to March 31, 2024)

(Percentages indicate year-on-year changes.)

	Net sales		Operating income	Ordinary income	Profit attributable to	Profit per
		owners of parent	share
Half-year FY2023	million yen		％	million yen	％	million yen	％	million yen	％	yen
495,000		9.8	12,500	76.7	13,000	-18.2	8,500	-31.8	46.81
(Q2 year-to-date)
Full-year FY2023	950,000		4.9	23,000	210.9	25,000	81.5	16,500	59.2	90.86

[Note] Revisions to the most recently announced earnings forecast: None