-10-17_Financial Statement

Financial Statements for the 47th Term From April 1, 2023 to March 31, 2024 Toyotsu Machinery Corporation (Unit : Round down to the nearest thousand yen) Accounts Title Account Balance Accounts Title Account Balance (Assets) (Liabilities) Current Assets: 66,285,231 Current Liabilities: 49,782,364 Cash and Cash Equivalents 4,575 Notes payable-trade 593,373 Trade notes receivable 124,705 Electronic recorded debt 14,332,080 Electronically recorded debt 2,834,145 Accounts payable-trade 25,442,398 Accounts Receivable-trade 50,652,179 Short-term borrowings 21,618 Merchandise 7,750,522 Lease Liability 1,110 Advance Payments 1,959,663 Accounts payable-other 1,433,477 Prepaid Expenses 328,059 IncomeTaxesPayable 2,155,210 Accounts Receivable-other 1,512,451 Accrued expenses 159,247 Short Terms Claim 2,062 Advances Received 4,060,206 Consumption taxes receivable 1,199,332 Deposits received 71,342 Allowance for doubtful accounts △ 82,466 Unearned Revenue 2,089 Derivative Liabilities 517,776 Fixed Assets: 2,207,173 Allowance for employees' bonuses 965,133 Property, plant and equipment 465,294 Allowance for bonuses for directors and company auditors 13,484 Buildings 379,136 Others 13,815 Structures 5,007 Machinery and equipment 2,120 Non-current liabilities 1,515,321 Vehicles & delivery equipmen 0 Lease Liabilities 3,607 Furniture & fixtures 15,663 Provision for restoration costs 100,539 Land 59,076 Provision for retirement benefits 1,370,802 Lease Asset 4,289 Reserve for directors' retirement benefits 40,372 Intangible assets 218,500 Total Current Liabilities 51,297,686 Software 218,500 (Net assets) Others 0 Shareholders Equity Abstract 17,317,235 Investments and other assets 1,523,379 Share capital 325,000 Investment securities 92,823 Capital surplus 387,196 Shares of subsidiaries and affiliates 15,916 Legal capital surplus 64,000 Investments in capital of subsidiaries and associates 29,170 Other capital surplus 323,196 Claims provable in bankruptcy, claims provable in rehabilitation and other 6,775 Retained earnings 16,605,039 Golf club membership 38,950 Legal retained earnings 47,780 Long-term guarantee 23,467 Other retained earnings 16,557,259 Prepaid pension cost, 377,498 General reserve 2,416,644 Deferred tax assets 966,618 Retained earnings brought forward 14,140,615 Derivatives 6,815 Valuation and translation adjustments △ 122,516 Others 718 Valuation difference on available-for-sale securities 14,207 Allowance for doubtful accounts △ 35,375 Deferred gains or losses on hedges △ 136,724 Total Net assets 17,194,718 Total Assets 68,492,404 Total Cuurent Liabilities & Net assets 68,492,404 Financial Statements for the 47th Term 1. Balance Sheet (As of March 31, 2024) - 2 - (Unit : Round down to the nearest thousand yen) Accounts Title Sales Sales 201,780,909 Non-operating income 1,859,450 203,640,360 Cost of Sales 182,624,413 Gross profit 21,015,946 Selling, general and administrative expenses 9,032,922 Operating income 11,983,023 Non-operating income Interest income 903 Dividend income 642,620 Others 89,573 733,097 Non-operating expenses Interest expense 12,318 Loss on foreign exchange 962,551 Others 4,095 978,965 Ordinary income 11,737,156 Special income Gain on sale of property, plant and equipment and intangible assets 205 205 Special expenses Loss on disposal of property, plant and equipment and intangible assets 12,163 12,163 Income before taxes 11,725,198 Income taxes-current 3,522,262 Income taxes-deferred △ 71,827 Net income 8,274,763 2. Profit and Loss Statement (From April 1, 2023 to March 31, 2024) Account Balance - 3 - (Unit : Round down to the nearest thousand yen) General reserve Retained earnings At April 1, 2023 325,000 6,400 323,196 387,196 47,780 2,416,644 8,201,064 10,665,488 11,377,684 Profit, representing total comprehensive income,for the year Distribution of dividends △ 2,335,213 △ 2,335,213 △ 2,335,213 Net Income 8,274,763 8,274,763 8,274,763 Amount of change for the current period (net) in items other than shareholders' equity Total Profit, representing total comprehensive income,for the year 5,939,550 5,939,550 5,939,550 At March 31, 2024 325,000 64,000 323,196 387,196 47,780 2,416,644 14,140,615 16,605,039 17,317,235 At April 1, 2023 6,435 715 7,151 11,384,835 Profit, representing total comprehensive income,for the year Distribution of dividends △ 2,335,213 Net Income 8,274,763 Amount of change for the current period (net) in items other than shareholders' equity 7,772 △ 137,440 △ 129,667 △ 129,667 Total Profit, representing total comprehensive income,for the year 7,772 △ 137,440 △ 129,667 5,809,833 At March 31, 2024 14,207 △ 136,724 △ 122,516 17,194,718 - 4 - Capital surplus Retained earnings Valuation and translation adjustments Valuation difference on available-for- sale securities Deferred gains or losses on hedges Total Valuation and translation adjustments Total Net Asset Total Capital surplus Legal retained earnings Other Retained earnings Total Retained earnings Total Shareholders' equity 3. Statement of changes in equity (From April 1, 2023 to March 31, 2024) Shareholders' equity Capital Stock Legal capital surplus Other retained earnings