Toyo Seikan : Consolidated Financial Results for Second Quarter Year-to-Date of Fiscal 2023 (Year Ending March 2024) (Unaudited)

[Translation]

Consolidated Financial Results for Second Quarter Year-to-Date of Fiscal 2023 (Year Ending March 2024)

(Unaudited)

	November 6, 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):	November 14, 2023
Commencement of dividend payment (scheduled):	December 1, 2023
Supplementary materials for the quarterly financial results: To be available
Quarterly financial results briefing:	To be held (for institutional investors and analysts)

(Figures are rounded down to the nearest million yen)

1. Consolidated financial results for the second quarter year-to-date of FY2023 (Six months from April 1, 2023 to September 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	％
Q2 year-to-date FY2023	471,961	4.7	14,916	110.8	20,642	29.8	14,821	18.9
Q2 year-to-date FY2022	450,817	10.1	7,075	-73.0	15,900	-49.1	12,470	-46.3

[Note] Comprehensive income: 37,066 million yen (13.9%) for Q2 year-to-date FY2023; 32,557 million yen ( 3.8%) for Q2 year-to-date FY2022

	Profit per share		Diluted profit per share
			yen		yen
Q2 year-to-date FY2023			81.98		－
Q2 year-to-date FY2022			68.68		－
(2) Financial position
	Total assets		Net assets	Equity ratio
	million yen			million yen	％
September 30, 2023	1,201,768		691,291	55.1
March 31, 2023	1,165,216		671,338	55.2

[Ref.] Equity capital (excluding non-controlling interests): 661,710 million yen as of September 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	－	45.00
FY2023 (E)			－		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
	million yen		％	million yen	％	million yen	％	million yen	％	yen
Full-year FY2023	920,000		1.5	23,000	210.9	25,000	81.5	16,500	59.2	92.58

[Note] Revisions to the most recently announced earnings forecast: Yes