Oct 29 Consolidated Results Interim Fiscal Year 2025

Oct 29, 2024 at 7:21 AM UTC · Issued by Prestige International Inc.

Financial Results｜Interim

Fiscal Year Ending March 2025

April 1, 2024 - September 30, 2024

October 29, 2024

Securities Code 4290

This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

Executive Summary

Sales increased driven by	◼ Growth in the Group's core Automotive Business is the main
growth in existing	driver, while Property, Global and Financial Guarantee
businesses	Businesses are performing well.


Impact of	◼ Excluding vaccine-related operations, year-on-year change in
existing.
Vaccine-Related Operations
Sales: +11.2%｜Operating Profit: +12.3%
on Operating Profit
*P30: Reference｜ Impact of Vaccine-Related Operations on Financial Results



Expansion to Misawa City,	◼ Basic Agreement Concluded with Aomori Prefecture and
Misawa City
Aomori Prefecture	◼ Aomori BPO Misawa Branch (provisional name) is scheduled
	to start operations in April, 2025.

▍Financial Results Summary for Q2 FY2025.3

▍Financial Results Summary for Q2 FY2025.3 by Segment

▍Shareholder Returns

▍Sustainability

▍Appendix

▍Financial Results Summary for Q2 FY2025.3

Summary of Consolidated Results｜FY2025.3｜Q2

(million yen)

FY2024.3｜Q2

FY2025.3｜Q2

Amounts are rounded down to the nearest whole unit.

YoY	Full-Year	Progress(%)
(%)	Forecast	vs. Full-Year Forecast

Sales	28,763		30,770	+2,006	63,000	48.8%
	(+7.0%)


Operating profit	3,857		3,729	-127	8,000	46.6%
	(-3.3%)


Ordinary profit	4,071		3,961	-110	8,500	46.6%
	(-2.7%)


Profit attributable to	2,357		2,231	-126	5,300	42.1%
owners of parent		(-5.3%)


◼	Sales	Growth in the Group's core Automotive Business is the main driver, while Property, Global and
		Financial Guarantee Businesses are performing well.
◼	Operating Profit	Due to the completion of vaccine-related operations, profit declined in line with plan and at a lower
		level than in the Q1.
◼	Ordinary Profit	Slight decrease in ordinary profit due to the foreign exchange loss and the decrease in equity
		method investment income.

Consolidated P&L Statement｜FY2025.3｜Q2

(million yen)			Amounts are rounded down to the nearest whole unit.

	FY2024.3｜Q2	FY2025.3｜Q2	Change	YoY(%)

Sales	28,763	30,770	+2,006	+7.0%

Cost of sales	22,059	24,113	+2,054	+9.3%

Gross profit	6,704	6,656	-47	-0.7%

Gross profit margin	23.3%	21.6%	(-1.7pt)	―

SG&A	2,846	2,927	+80	+2.8%

Operating profit	3,857	3,729	-127	-3.3%

Operating profit margin	13.4%	12.1%	(-1.3pt)	―

Ordinary Profit	4,071	3,961	-110	-2.7%

Ordinary profit margin	14.2%	12.9%	(-1.3pt)	―

Profit attributable to	2,357	2,231	-126	-5.3%
owners of parent

Consolidated Balance Sheet｜As of End of September, 2024

(million yen)			Amounts are rounded down to the nearest whole unit.

	End of March	End of September	Change	Change(%)
	2024	2024


Current assets	40,740	40,523	-216	-0.5%

Non-current assets	27,096	28,729	+1,633	+6.0%

Total assets	67,836	69,253	+1,417	+2.1%

Current liabilities	17,778	18,032	+253	+1.4%

Non-current liabilities	2,832	2,723	-109	-3.9%

Total liabilities	20,611	20,755	+144	+0.7%

Shareholders' equity	40,603	42,155	+1,552	+3.8%

Accumulated other	3,418	2,956	-461	-13.5%
comprehensive income


Non-controlling	3,203	3,385	+181	+5.7%
interests, etc.


Total net worth	47,224	48,497	+1,273	+2.7%

Total liabilities and	67,836	69,253	+1,417	+2.1%
equity

Quarterly Sales

(million yen)

	Q1			Q2		Q3			Q4													63,000



																						(forecast)
60,000																				58,738


																			54,562
50,000																46,744					14,993


																			14,110
																42,377
40,000													37,196	40,617	12,483

											33,119	10,672	10,568				14,981


																		14,272			30,770
													29,477		9,816
30,000										27,328
	23,385	24,225		24,619	8,684		11,016		11,967

				22,223	6,936	7,596		9,478	10,309					14,845	15,721

										6,570
				6,281	6,133				8,488
20,000		6,010							13,568
						7,674
											6,920
																11,599
				6,010	5,716		6,462				10,687	10,266
				5,782			8,079	9,271

10,000										6,816	7,238
	5,838	6,449	5,422	6,050												15,048
											12,611	13,917
												10,001	9,473	10,693
														7,866	8,630
							5,926		5,536	6,654	6,967
				5,254	5,007
0

FY12.3	FY13.3	FY14.3	FY15.3	FY16.3	FY17.3	FY18.3	FY19.3	FY20.3	FY21.3	FY22.3	FY23.3	FY24.3	FY25.3

Due to rounding down fractions, some values may not equal the sum of the separate figures.

Quarterly Operating Profit

(million yen)
		Q1			Q2		Q3		Q4		OPM(full-year)						14.6%	14.4%

12,000
																					13.5%	12.7%
								12.6%				12.8%	12.8%	12.6%		12.9%
																			(forecast)
										12.2%
10,000								12.0%				11.7%

11.2%

						9.8%												7,840	7,921	8,000
8,000																	(forecast)
															6,842
																			1,799		2,066

6,000													4,687	4,959	5,233	1,918



																		2,201
														4,230						1,997
																1,374
													3,768		1,179								3,729
4,000												1,491		1,860
									3,345
			2,621			2,809	2,952	1,064	1,368	1,362	1,247

			2,380			966				1,953	1,967
					762			1,193			2,000
						746		1,051			1,579
			891				926
2,000	720
		737	858		1,128	1,314
			782			1,023
			619	468				877	877
			672	790	745				1,886	1,889
			605	651		933	978	1,289	1,296	1,484	1,729
			609	661	775	899
0	504	540

FY12.3 FY13.3 FY14.3 FY15.3 FY16.3 FY17.3 FY18.3 FY19.3 FY20.3 FY21.3 FY22.3 FY23.3 FY24.3 FY25.3

15.0%

12.0%

9.0%

6.0%

3.0%

0.0%

Due to rounding down fractions, some values may not equal the sum of the separate figures.

▍Financial Results Summary for Q2 FY2025.3 by Segment