Tomita Electric Co., Ltd.TSE: 6898

Financial Results for the Third Quarter Year Ended October 31, 2023

· Issued by Tomita Electric Co., Ltd.

December 8,2023

Fiscal 2024 Third-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)

December 15,2023

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 Third Quarter of Fiscal 2024 (From February 1,2023

to

October 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 Third Quarter

1,161

-28.1

-27

-

-31

-

-36

-

Fiscalyear 2023 Third Quarter

1,617

25.0

188

30.2

175

18.9

110

-9.7

(Note) Comprehensive income

FY2024 Third Quarter

116 million yen

[-66.9%] FY2023 Third Quarter

351

million yen [93.1%]

Net Income

Diluted Net Income

per Share

per Share

(yen)

(yen)

Fiscalyear 2024 Third Quarter

-52.02

-

Fiscalyear 2023 Third Quarter

166.88

-

(2) Consolidated Financial Position

Total Assets

Net Assets

Equity Ratio

(million yen)

(million yen)

%

As of October 31,2023

4,766

3,844

80.6

As of January 31,2023

4,554

3,539

77.7

Reference: Shareholders' Equity

As of October 31,2023

3,843 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

1,478

-26.2

-73

-

-75

-

-82

-

-116.14

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

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