Daitron Co., Ltd.TSE: 7609

Financial Report for the 9-month Period Ended Sep 30, 2024

· Issued by Daitron Co., Ltd.

Translation

Consolidated Financial Results

for the 9-month period Ended September 30, 2024

(Japanese GAAP)

November 1, 2024

Company name:

DAITRON CO., LTD.

Stock exchange listing:

TSE Prime Market

Code Number:

7609

URL:

https://www.daitron.co.jp/en/

Representative:

Shinsuke Tsuchiya, President, CEO & COO

Contact:

Hajimu Mouri, Senior Managing Director & Representative Director,

Senior Managing Corporate Officer & Division Manager-Business Administration

Tel: +81-6-6399-5041

Scheduled date of commencing dividend payment:

―

Support explanatory material for quarterly settlement:

Yes

Explanatory meeting for financial results:

None

(Figures less than a million yen are rounded down.)

1. Consolidated financial results for the 9-month period Ended September 30,, 2024

(January 1, 2024 to September 30, 2024)

(1) Consolidated Operating Results (cumulative)

(Percentages indicate year-on-year changes.)

Net sales

Operating income

Ordinary income

Net income attributable

to owners of parent

Million yen

%

Million yen

%

Million yen

%

Million yen

%

3Q/2024

66,589

(2.4)

3,848

(18.7)

3,826

(20.7)

2,575

(19.9)

3Q/2023

68,259

6.4

4,731

0.1

4,823

(1.4)

3,216

(2.6)

(Note) Comprehensive income: 3Q/2024: 2,702million yen / (27.4%)

3Q/2023: 3,723 million yen / 1.1%

Net income per share

Diluted net income per share

Yen

Yen

3Q/2024

231.91

-

3Q/2023

289.70

-

(Note) The diluted net income per share is not presented because there were no potential shares.

(2) Consolidated Financial Position

Total assets

Net assets

Shareholders'

Net assets

equity ratio

per share

Million yen

Million yen

%

Yen

3Q/2024

71,699

30,779

42.9

2,769.93

Fiscal 2023

67,788

29,451

43.4

2,650.52

(Reference) Shareholder's equity: 3Q/2024

30,764 million yen

Fiscal 2023 29,428 million yen

1

2. Dividends

Annual dividends

1Q end

2Q end

3Q end

Fiscal end

Total

yen

yen

yen

yen

yen

Fiscal 2023

-

50.00

-

70.00

120.00

Fiscal 2024

55.00

-

-

Fiscal2024

70.00

125.00

(forecast)

(Note) Revision of the most recently announced dividend payment expectation: None

3. Consolidated Forecasts for FY2024 (January 1, 2024 to December 31, 2024)

(Percentages indicate year-on-year changes.)

Operating

Net income

Net income

Net sales

Ordinary income

attributable to

income

per share

owners of parent

Million yen

%

Million yen

%

Million yen

%

Million yen

%

Yen

Full year

92,500

0.4

6,000

0.9

6,150

2.2

4,100

2.1

369.20

(Note) Revision of the most recently announced operating estimates: None

  • Notes
  1. Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in the change in scope of consolidation): None
  2. Application of accounting procedures specially applicable to preparation of quarterly consolidated financial statements: None
  3. Changes in accounting policies, changes in accounting estimates, and restatement
    1. Changes in accounting policies associated with the revisions of accounting standards, etc: None
    2. Changes in accounting policies other than above (i): None
    3. Changes in accounting estimates: None
    4. Restatement: None
  1. Number of outstanding shares (common shares)
    1. Number of outstanding shares at the end of period (including treasury shares)
      3Q 2024 : 11,155,979 shares
      FY 2023 : 11,155,979 shares
    2. Number of treasury shares at the end of period

3Q 2024 :

49,547 shares

FY 2023 :

52,917 shares

    1. Average number of shares during the period
      3Q 2024 : 11,104,497 shares
      3Q 2023 : 11,101,509 shares
  • Quarterly financial results reports are exempt from quarterly review conducted by certified public accountants or an audit corporation.
  • Explanations on appropriate use of the forecasts and other special comments [Note for statements concerning the future, etc.]
    The business forecasts are made based on certain information currently available to and judged reasonable by the Company, but not what the Company is committed to attaining.
    The actual results may differ greatly depending on various factors.

2