Hibiya Engineering,ltd.TSE: 1982

For the First Half of Fiscal Year Ended March 31, 2025(Japan GAAP) Summary of Consolidated Financial Results

· Issued by Hibiya Engineering,ltd.

November 14, 2024

Summary of Consolidated Financial Results for the

First Half of Fiscal Year Ending March 31, 2025 [Japan GAAP]

Company: Hibiya Engineering, Ltd.

Stock exchange listing: Tokyo Stock Exchange (Prime Market)

Stock code: 1982

URL: https://www.hibiya-eng.co.jp

Representative Director: Hidetaka Nakagita, President and CEO

Contact: Akira Domon, Executive Officer, Manager of IR and PR Office, Administration Division

Tel: 03-3454-2720

Date of commencement of dividend payment: November 14, 2024

Supplementary explanatory documents:

Yes

Earnings presentation:

Yes (For Institutional investors and analysts)

(Yen in millions, rounded down, figures in parentheses indicate negative amounts or percentages)

1. Financial results for the first half of the fiscal year ending March 2025 (April 1, 2024 - September 30, 2024)

(1) Result of operations (Consolidated, year-to-date)

(Percentage figures represent year on year changes)

Net sales

Operating profit

Ordinary profit

Profit attributable to

owners of parent

First half ended

Million yen

%

Million yen

%

Million yen

%

Million yen

%

September 2024

37,660

14.1

3,238

231.8

3,576

150.1

2,574

169.3

September 2023

33,010

15.4

976

29.6

1,430

24.4

956

26.7

Note: Comprehensive income: First half of FY3/25: 1,340 million yen [-49.5%], First half of FY3/24: 2,653 million yen [264.5%]

Earnings per share

Earnings per share fully diluted

First half ended

Yen

Yen

September 2024

114.63

114.15

September 2023

41.84

41.67

(2) Financial position (Consolidated)

Total assets

Net assets

Equity ratio

Net assets per share

As of

Million yen

Million yen

%

Yen

September 30, 2024

88,043

69,628

77.7

3,070.14

March 31, 2024

98,226

69,914

70.0

3,056.74

Reference: Shareholders' equity: As of September 30, 2024: 68,439 million yen, As of March 31, 2024: 68,771 million yen

2. Dividends

Dividend per share

End of 1Q

End of 2Q

End of 3Q

End of FY

Annual

Yen

Yen

Yen

Yen

Yen

FY3/24

‒

43.00

‒

43.00

86.00

FY3/25

‒

44.00

FY3/25 (Estimate)

‒

44.00

88.00

Note: Change in the estimation of dividend from the latest announcement: No

3. Consolidated forecast for the fiscal year ending March 2025 (April 1, 2024 - March 31, 2025)

(Percentage figures represent year on year changes)

Net sales

Operating profit

Ordinary profit

Profit attributable to

Earnings

owners of parent

per share

Million yen

%

Million yen

%

Million yen

%

Million yen

%

Yen

Full year

91,000

8.6

5,900

2.8

6,600

2.4

4,600

(4.2)

204.46

Note: Change in the forecast from the latest announcement: No

  • Notes
    1. Changes in significant subsidiaries (Changes in specific subsidiaries accompanied by changes in the scope of consolidation): No
    2. Use of accounting methods specifically for the preparation of the quarterly consolidated financial statements: No
    3. Changes in accounting principles and estimates, and retrospective restatement
      1. Changes due to revision of accounting standards: Yes
      2. Changes other than in (a): No
      3. Changes in accounting estimates: No
      4. Retrospective restatement: No
    4. Number of shares outstanding (common stock)
      1. Shares outstanding (including treasury shares)

As of September 30, 2024:

23,756,321

As of March 31, 2024:

23,756,321

(b) Treasury shares

As of September 30, 2024:

1,464,360

As of March 31, 2024:

1,258,110

(c) Average number of shares (quarterly consolidated cumulative period)

Period ended September 30, 2024: 22,461,123

Period ended September 30, 2023:

22,852,912

This report is exempt from the audit review by certified public accountant or audit firm.

Forward-looking statements, important notes, etc.

The forward-looking statements such as the forecasts of financial results stated in this report are based on the information currently available to the Company and certain assumptions that the Company judges as rational. These statements are not guarantees of future performance. Actual results may be materially different from the above forecasts for a number of reasons.

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