Financial Results

For Q2 of The Fiscal Year Ending March 2024

April 1, 2023 ▶ September 30, 2023

October 27, 2023

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

Achieved YoY

◼

Sales: YoY +9.9%

Sales and Profit Growth

◼

Operating Profit: YoY +0.5%

Accelerated Recovery

◼ Growth in existing businesses offset the reduction in the

From The Pandemic

vaccine related business.

Acquisition of

◼ Resolved repurchase a total of 800,000 shares (0.62% of total

shares issued) for a total amount of up to 500 million yen at

Treasury Shares

the Board of Directors meeting on October 18, 2023.

© 2023 PRESTIGE International Inc. All Rights Reserved.

2

▍Financial Results Summary for Q2 FY2024.3

▍Financial Results Summary for Q2 FY2024.3 by Segment

▍KPI: Shareholder Returns

▍Appendix

▍Sustainability

© 2023 PRESTIGE International Inc. All Rights Reserved.

3

▍Financial Results Summary for Q2 FY2024.3

© 2023 PRESTIGE International Inc. All Rights Reserved.

4

Summary of Consolidated Results for Q2 FY2024.3

(million yen)

Amounts are rounded down to the nearest whole unit.

Q2 FY2023.3 Q2 FY2024.3

YoY

Q2

Achievement

Full-Year

Achievement

Ratio

Ratio

(%)

Forecast

Forecast

Q2 Forecast

Full-Year Forecast

Sales

26,179

28,763

+2,583

26,500

108.5%

56,500

50.9%

(+9.9%)

Operating profit

3,839

3,857

+17

3,800

101.5%

8,200

47.0%

(+0.5%)

Ordinary profit

4,039

4,071

+32

4,000

101.8%

8,700

46.8%

(+0.8%)

Profit attributable to

2,458

2,357

-101

2,400

98.2%

5,200

45.3%

owners of parent

(-4.1%)

  • Vaccine-relatedoperations has changed its contract format from this fiscal year, and the scale of consignment has been reduced. Growth in existing businesses offset the decline in sales and profit in vaccine-related operations, etc., resulting in an increase in sales and profit.
  • Capturing the demand from the recovery in social and economic activities, the mainstay Automotive Business, as well as the Financial Guarantee Business and the Global Business, performed well.

© 2023 PRESTIGE International Inc. All Rights Reserved.

5

Consolidated P&L Statement for Q2 FY2024.3

(million yen)

Amounts are rounded down to the nearest whole unit.

Q2 FY2023.3

Q2 FY2024.3

Change

YoY(%)

Sales

26,179

28,763

+2,583

+9.9％

Cost of sales

19,849

22,059

+2,209

+11.1％

Gross profit

6,329

6,704

+374

+5.9%

Gross profit margin

24.2%

23.3%

(-0.9pt)

―

SG&A

2,490

2,846

+356

+14.3%

Operating profit

3,839

3,857

+17

+0.5%

Operating profit margin

14.7%

13.4%

(-1.3pt)

―

Ordinary Profit

4,039

4,071

+32

+0.8%

Ordinary profit margin

15.4%

14.2%

(-1.2pt)

―

Profit attributable to

2,458

2,357

-101

-4.1%

owners of parent

© 2023 PRESTIGE International Inc. All Rights Reserved.

6

Consolidated Balance Sheet As of End of September, 2023

(million yen)

Amounts are rounded down to the nearest whole unit.

End of March

2023

End of September

2023

Change

Change(%)

Current assets

35,892

38,103

+2,210

+6.2%

Non-current assets

24,380

26,984

+2,603

+10.7%

Total assets

60,273

65,087

+4,814

+8.0%

Current liabilities

15,701

17,321

+1,620

+10.3%

Non-current liabilities

2,753

2,922

+168

+6.1%

Total liabilities

18,455

20,244

+1,789

+9.7%

Shareholders' equity

36,781

38,432

+1,651

+4.5%

Accumulated other

2,297

3,426

+1,128

+49.1%

comprehensive income

Non-controlling

2,738

2,984

+245

+9.0%

interests, etc.

Total net worth

41,817

44,843

+3,025

+7.2%

Total liabilities and

60,273

65,087

+4,814

+8.0%

equity

© 2023 PRESTIGE International Inc. All Rights Reserved.

7

Quarterly Sales

(million yen)

Q1 Q2 Q3 Q4

60,000

50,000

40,000

30,000

23,385 24,225

20,000 6,281 6,133

6,010 5,716

10,000 5,838 6,449

5,254 5,926

0

56,500

54,562 (full-year forecast)

46,744

14,110

42,377

40,617

12,483

37,196

10,672

33,119

10,568

14,272

29,477

9,816

28,763

27,328

8,684

24,619

11,967

11,016

22,223

6,936

7,596

10,309

9,478

6,570

14,845

6,010

8,488

13,568

7,674

6,920

11,599

6,462

10,687

10,266

5,782

9,271

8,079

6,816

7,238

5,422

6,050

12,611

13,917

10,693

10,001

9,473

7,866

8,630

5,007

5,536

6,654

6,967

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

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

© 2023 PRESTIGE International Inc. All Rights Reserved.

8

Quarterly Operating Profit

(million yen)

Q1

Q2

Q3

Q4

OPM(full-year)

14.5%

10,000

14.6% 14.4% (full-year forecast) 15.0%

8,000

6,000

4,000

2,000

0

12.6%

12.8%

12.8%

12.6%

12.9%

8,200

12.0%

12.2%

11.7%

7,840

(full-year forecast)

11.2%

12.0%

9.8%

6,842

1,799

5,233

1,918

9.0%

4,959

4,687

2,201

4,230

1,374

3,768

1,179

3,857

1,860

6.0%

3,345

1,491

2,952

1,368

2,809

1,064

1,247

2,621

1,362

2,380

966

1,953

1,967

762

1,193

746

1,051

891

926

1,579

720

737

858

1,128

1,314

3.0%

782

468

1,023

619

877

877

672

790

745

1,886

1,889

605

651

1,484

978

1,289

1,296

540

609

661

775

899

933

504

0.0%

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

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

© 2023 PRESTIGE International Inc. All Rights Reserved.

9

▍Financial Results Summary for Q2 FY2024.3 by Segment

© 2023 PRESTIGE International Inc. All Rights Reserved.

10

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Prestige International Inc. published this content on 27 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 October 2023 08:27:41 UTC.