Tomita Electric Co., Ltd.TSE: 6898

Financial Results for the Second Quarter Year Ended July 31, 2023

· Issued by Tomita Electric Co., Ltd.

September 8,2023

Fiscal 2024 Second-quarter Consolidated Earnings Report(Japanese GAAP)

Company name:

TOMITA ELECTRIC CO.,LTD.

Stock exchange listing

Tokyo Standard

Securities code.:

6898

URL

https://www.tomita-electric.com/en/

Representative:

President Tetsuro Kamitani

Inquiries:

Director Yoichiro Kamitani

TEL

+81-857-22-8441

Quarterly statement filing date (as planned)

September 14,2023

Scheduled date of start of dividend payout

-

Preparation of quarterly supplementary explanatory material :

None

Quarterly results briefing held :

None

(Figures less than one million are rounded down)

1. Results for the Second Quarter of Fiscal 2024

(From February 1,2023 to

July 31,2023 )

(1) Consolidated Operating Results (Percentages represent changes over the previous fiscal year)

Net Sales

Operating Income

Ordinary Income

Profit attributable to

owners of the parent

(million yen)

%

(million yen)

%

(million yen)

%

(million yen)

%

Fiscalyear 2024 Second Quarter

810

-26.7

70

-95.2

0

―

9

-91.2

Fiscalyear 2023 Second Quarter

1,105

34.9

166

103.2

158

91.6

113

53.1

(Note) Comprehensive income FY2024 Second Quarter116 million yen -[59.3%] FY2023 Second Quarter287 million yen [128.1%]

Net Income

Diluted Net Income

per Share

per Share

(yen)

(yen)

Fiscalyear 2024 Second Quarter

14.85

14.46

Fiscalyear 2023 Second Quarter

172.64

-

(2) Consolidated Financial Position

Total Assets

Net Assets

Equity Ratio

(million yen)

(million yen)

%

As of July 31,2023

4,666

3,747

80.3

As of January 31,2023

4,554

3,539

77.7

Reference: Shareholders' Equity As of July 31,20233,745 million yen As of January 31,2023 3,539 million yen

2. Dividends

Dividends per Share

1Q end

2Q end

3Q end

Year-end

Full Year

(yen)

(yen)

(yen)

(yen)

(yen)

Fiscal year 2023

-

0.00

-

0.00

0.00

Fiscal year 2024

-

0.00

Fiscal year 2024

(projected)

-

0.00

0.00

(Note) Changes to the latest dividend forecast announced: None

3.Consolidated Outlook for the Fiscal Year Ending January 31,2024

(From February 1,2023

to January 31,2024 )

(Percentages represent changes over the previous fiscal year)

Net Sales

Operating Income

Ordinary Income

Profit attributable to

Net Income

owners of the parent

per Share

(million yen)

%

(million yen)

%

(million yen)

%

(million yen)

%

(yen)

Full Year

2,114

5.5

157

9.6

136

-2.2

96

0.7

145.82

(Note) Changes to the latest consolidated results forecast announced: None