Nippon Aqua Co., Ltd.TSE: 1429

Company Presentation Materials (2nd quarter FY2023/12)

· Issued by Nippon Aqua Co., Ltd.

Business Results for the Six Months Ended June 30, 2023

August 10, 2023

Nippon Aqua Co., Ltd.

Tokyo Stock Exchange Prime Section #1429

Financial Highlights

Six months ended June 30, 2023

Significant growth both in sales and profit, continue to perform well

Net sales

JPY 13,158M

YoY +12.1%

Ordinary profit

JPY 1,400 M

YoY +49.6%

Single-family Homes Division:

Workdays decreased due to Saturdays and Sundays off. However, the number of work in operation will be increased by promoting human resource development.

Buildings Division:

Profitability improved due to increased demand for non-flammable insulation due to a

return to domestic manufacturing and other factors.

2

1

Overview of Financial Highlights for

the Six Months Ended June 30, 2023

2

Business Environment and Our Initiatives

3

Acquisition and Cancellation of

the 2nd Stock Acquisition Rights

4 Appendix

Net Sales

Six months ended June 30, 2023

(JPY millions)

13,158

+1,011

+128

Waterproofing

Buildings

11,742

+464

Product

(187)

sales

Single-

family

homes

2022

2023

YoY UP

+ JPY 1,416 M +12.1 %

4

Gross Profit

Six months ended June 30, 2023

(JPY millions)

+1,416

Increase in

(304)

YoY UP

net sales

Increase in

purchases

(242)

and other

3,123

+ JPY 706 M

+29.2 %

Higher raw (164)

material

Increase in

prices

support for

2,417

certified

Gross profit margin

20.6%

23.7%

contractors

2022

2023

5