HQ IM JAPAN financial report 2023-2024

BALANCE SHEET As of March 31, 2024 (Unit: Yen) Current Year Previous Year Increase or Decrease I Assets 1. Current assets Cash and deposits receivable Advance payments Advance payments (at actual cost) Suspense payments Total current assets 2. Fixed assets (1) Basic assets Land Total basic assets (2) Specific assets Retirement benefit reserve Reserve for core system reconstruction costs Total specific assets (3) Other fixed assets Land Buildings Vehicles Conveyors Furniture Lease assets Software Software in progress Telephone subscription rights Guarantee deposits Total other fixed assets Total fixed assets Total assets II Liabilities 1. Current liabilities Accounts payable Advance payments Deposits received Deposits received (at actual cost) Short-term borrowings Suspense payments Short-term lease obligations Provision for directors' bonuses Provision for employee bonuses Corporate taxes payable Consumption taxes payable Total current liabilities 2. Fixed liabilities Lease obligations Reserve for directors' retirement benefits Reserve for retirement benefits Total fixed liabilities Total liabilities III. Net assets 1. Designated net assets Total designated net assets (Amount allocated to basic assets) (Amount allocated to specific assets) 2. General net assets (Amount allocated to basic assets) (Amount allocated to specific assets) Total net assets Total liabilities and net assets 1,769,174,558 233,444,176 15,533,012 8,069,474 1,909,600,262 12,901,000 2,018,800,888 190,755,000 10,950,807 9,914,733 1,793,154,404 75,673 △ 249,626,330 42,689,176 4,582,205 △ 1,845,259 116,445,858 12,825,327 3,948,722,482 4,023,651,505 △ 74,929,023 225,000,000 225,000,000 0 225,000,000 225,000,000 0 161,000,000 0 120,581,950 39,215,550 40,418,050 △ 39,215,550 161,000,000 159,797,500 1,202,500 224,111,069 688,680,062 13,401,407 2,793,949 17,102,186 36,113,000 254,676,720 0 5,354,228 116,849,164 5,020,000 224,111,069 728,795,888 15,023,191 3,932,729 15,041,684 44,220,000 9,550,944 257,838,350 5,354,228 67,803,958 5,020,000 0 △ 40,115,826 △ 1,621,784 △ 1,138,780 2,060,502 △ 8,107,000 245,125,776 △ 257,838,350 0 49,045,206 0 1,364,101,785 1,376,692,041 △ 12,590,256 1,750,101,785 1,761,489,541 △ 11,387,756 5,698,824,267 5,785,141,046 △ 86,316,779 126,964,730 500,500 75,484,395 3,324,686,480 200,000,000 0 8,844,000 10,501,978 107,284,088 1,129,900 222,800 128,727,555 5,500 44,777,725 3,602,946,213 0 7,800 8,844,000 8,108,249 90,576,005 0 0 △ 1,762,825 495,000 30,706,670 △ 278,259,733 200,000,000 △ 7,800 0 2,393,729 16,708,083 1,129,900 222,800 3,855,618,871 3,883,993,047 △ 28,374,176 27,269,000 64,259,250 573,495,725 35,376,000 59,779,500 546,173,525 △ 8,107,000 4,479,750 27,322,200 665,023,975 641,329,025 23,694,950 4,520,642,846 4,525,322,072 △ 4,679,226 0 ( 0) ( 0) 0 ( 0) ( 0) 0 ( 0) ( 0) 1,178,181,421 (225,000,000) ( 0) 1,178,181,421 1,259,818,974 (225,000,000) (39,215,550) 1,259,818,974 △ 81,637,553 ( 0) (△39,215,550) △ 81,637,553 5,698,824,267 5,785,141,046 △ 86,316,779 (Unit: Yen) Statement of Changes in Net Assets From April 1, 2023 to March 31, 2024 Current Year Previous Year Increase or Decrease ⅠGeneral net assets increase/decrease section 1. Ordinary increase/decrease section (1) Ordinary income ① Basic assets investment income ② Specific assets investment income ③ Membership fees received ④ Membership fees received Membership fees received by general supporting members Membership fees received by special supporting members ⑤ Business income Business income related to accepting technical intern trainees Business income related to accepting construction workers, etc. Business income related to accepting specific skilled foreign workers ⑥ Donations received ⑦ Miscellaneous income Interest received Foreign exchange gains Miscellaneous income Total ordinary income (2) Ordinary expenses Business expenses Directors' remuneration Salaries Allowances Directors' bonus reserve Provision Amount Employees' bonus reserve Provision Amount Employees' retirement allowances Directors' retirement benefits Employees' retirement benefits Legal welfare expenses Welfare expenses Rent Maintenance expenses Utility Expenses Meeting expenses Travel expenses Transportation Expenses Communication and transportation expenses Fixtures and fixtures expenses Consumables expenses Building depreciation expenses Depreciation of structures Depreciation of vehicles and transport equipment Depreciation of fixtures and fittings Depreciation of leased assets Depreciation of software Depreciation of guarantee deposits Repairs Printing and binding costs Automobile costs 0 2,405 11,900,000 171,640,000 170,940,000 700,000 2,694,071,708 2,683,847,208 0 10,224,500 0 53,913,369 21,233 393,565 53,498,571 0 1,569 11,600,000 162,100,000 161,400,000 700,000 2,150,024,466 2,147,496,466 2,528,000 0 0 91,973,654 27,562 143,131 91,802,961 0 836 300,000 9,540,000 9,540,000 0 544,047,242 536,350,742 △ 2,528,000 10,224,500 0 △ 38,060,285 △ 6,329 250,434 △ 38,304,390 2,931,527,482 2,415,699,689 515,827,793 89,110,182 1,458,277,336 9,320,447 105,653,366 6,698,850 11,357,772 69,723,985 266,115,958 35,641,660 109,049,948 35,347,741 11,652,004 3,357,195 237,204,663 46,739,349 2,261,144 9,599,380 1,408,613 281,418 1,053,517 5,901,619 7,296,300 48,340,498 386,027 1,365,740 23,989,089 18,320,703 71,711,331 1,347,543,053 7,309,737 87,163,101 4,588,200 10,814,369 54,638,652 234,814,530 31,995,853 106,844,780 31,672,928 12,045,944 1,789,235 207,283,323 45,297,829 1,450,675 10,328,514 1,614,863 281,418 1,547,013 3,225,936 0 16,437,076 1,844,026 7,041,836 17,299,969 16,589,687 17,398,851 110,734,283 2,010,710 18,490,265 2,110,650 543,403 15,085,333 31,301,428 3,645,807 2,205,168 3,674,813 △ 393,940 1,567,960 29,921,340 1,441,520 810,469 △ 729,134 △ 206,250 0 △ 493,496 2,675,683 7,296,300 31,903,422 △ 1,457,999 △ 5,676,096 6,689,120 1,731,016 (Unit: Yen) Statement of Changes in Net Assets From April 1, 2023 to March 31, 2024 Current Year Previous Year Increase or Decrease Public relations expenses 3,169,273 2,607,180 562,093 Taxes and public dues 2,798,129 2,458,602 339,527 Advisory commission fees 4,500,000 0 4,500,000 Membership fees 2,162,890 1,726,783 436,107 Employment and recruitment expenses 3,453,312 2,992,260 461,052 Staff training expenses 15,378,692 6,538,320 8,840,372 Newspaper and book expenses 1,335,007 1,108,772 226,235 Insurance premiums 6,786,589 5,509,243 1,277,346 Rent 28,643,510 28,046,028 597,482 Maintenance and management expenses 9,039,986 5,309,369 3,730,617 Various fees paid 24,654,056 10,219,929 14,434,127 Outsourcing expenses 114,680,191 76,512,468 38,167,723 Business promotion expenses 222,303 750,000 △ 527,697 Honorarium expenses 286,500 20,000 266,500 Intern welfare expenses 1,647,892 0 1,647,892 Intern support expenses 11,826,855 6,584,018 5,242,837 Employee welfare expenses 1,638,938 1,941,910 △ 302,972 Material expenses 0 184 △ 184 Advertising and promotion expenses 39,732 13,500 26,232 Public relations magazine publication expenses 3,587,182 3,357,648 229,534 Public relations magazine shipping expenses 2,098,506 2,727,358 △ 628,852 Interest paid 716,100 996,664 △ 280,564 Payment burden 701,181 0 701,181 Miscellaneous expenses 18,250,117 889,429 17,360,688 Total business expenses 2,254,517 1,747,513 507,004 Administrative expenses 2,875,325,962 2,495,231,056 380,094,906 Director compensation Salary allowances 11,853,619 9,175,542 2,678,077 Director bonus reserve appropriation amount 41,227,987 50,532,056 △ 9,304,069 Staff bonus reserve appropriation amount 1,181,531 798,512 383,019 Staff retirement allowances 1,630,722 3,412,904 △ 1,782,182 Director retirement benefit expenses 0 562,600 △ 562,600 Staff retirement benefit expenses 1,395,228 1,053,631 341,597 Legal welfare expenses 1,076,165 2,139,398 △ 1,063,233 Welfare expenses 9,017,745 9,623,736 △ 605,991 Rent 1,244,696 1,438,402 △ 193,706 Maintenance and management expenses 4,363,082 6,996,294 △ 2,633,212 Water and electricity expenses 2,014,023 2,891,064 △ 877,041 Conference expenses 525,817 754,063 △ 228,246 Travel expenses 565,589 271,051 294,538 Communication and transportation expenses 6,866,643 3,743,324 3,123,319 Furniture and equipment expenses 4,487,886 5,994,948 △ 1,507,062 Consumables expenses 0 11,980 △ 11,980 Depreciation of buildings 92,588 80,698 11,890 Depreciation of vehicles and transportation equipment 151,428 174,346 △ 22,918 Depreciation of fixtures and equipment 85,263 125,203 △ 39,940 Depreciation of leased assets 219,736 340,392 △ 120,656 810,700 0 810,700 (Unit: Yen) Statement of Changes in Net Assets From April 1, 2023 to March 31, 2024 Current Year Previous Year Increase or Decrease Software depreciation, guarantee deposit amortization Repair expenses Printing and binding expenses, automobile expenses, public relations expenses Taxes and public dues, advisory commission fees, various membership fees Employment and recruitment expenses, staff training expenses, newspaper and book expenses, insurance fees Rent Maintenance and management expenses, various fees paid, outsourcing expenses, interest paid Miscellaneous expenses, total management expenses Total ordinary expenses Current period ordinary increase/decrease before valuation profit/loss, etc., total valuation profit/loss, etc. Current period ordinary increase/decrease 2. Non-recurring increase/decrease (1) Non- recurring income Total non-recurring income (2) Non-recurring expenses Loss on sale of fixed assets, loss on sale of fixtures and equipment Loss on disposal of fixed assets, loss on disposal of fixtures and equipment Loss on disposal of software, total non- recurring expenses Current period non-recurring increase/decrease Amount Increase or decrease in general net assets for the current period before tax Corporation tax, resident tax and business tax Increase or decrease in general net assets for the current period General net assets beginning balance General net assets ending balance II. Increase or decrease in designated net assets Section of increase or decrease in designated net assets for the current period Designated net assets beginning balance Designated net assets ending balance III. Ending balance of net assets 53,012 32,399 20,613 42,891 204,892 △ 162,001 31,500 0 31,500 440,514 521,448 △ 80,934 385,754 445,120 △ 59,366 159,720 254,537 △ 94,817 1,082,643 3,458,540 △ 2,375,897 4,961,000 4,961,000 0 92,000 189,796 △ 97,796 16,000 0 16,000 1,017,854 2,000 1,015,854 92,904 6,586 86,318 564,135 402,240 161,895 453,822 827,553 △ 373,731 1,768,844 11,457 1,757,387 17,775,886 15,592,785 2,183,101 11,858,385 17,281,456 △ 5,423,071 9,526 0 9,526 38,228 35,343 2,885 129,655,066 144,347,296 △ 14,692,230 3,004,981,028 2,639,578,352 365,402,676 △ 73,453,546 △ 223,878,663 150,425,117 0 0 0 △ 73,453,546 △ 223,878,663 150,425,117 0 0 0 0 29,405 △ 29,405 0 29,405 △ 29,405 7,054,107 0 7,054,107 1,086,843 0 1,086,843 5,967,264 0 5,967,264 7,054,107 29,405 7,024,702 △ 7,054,107 △ 29,405 △ 7,024,702 △ 80,507,653 △ 223,908,068 143,400,415 1,129,900 0 1,129,900 △ 81,637,553 △ 223,908,068 142,270,515 1,259,818,974 1,483,727,042 △ 223,908,068 1,178,181,421 1,259,818,974 △ 81,637,553 0 0 0 0 0 0 0 0 0 1,178,181,421 1,259,818,974 △ 81,637,553