Consolidated Forecast

(Million yen)

	FY22 (Actual)	FY23 initial plan (May 9, 2023)	FY23 revised plan (Nov 7, 2023)	YoY
Net sales	88,778	92,400	95,400	107.5%
Operating profit	43,778	45,300	47,100	107.6%
Ordinary profit	44,491	46,000	47,810	107.5%
Profit attributable to owners of parent	30,008	30,800	31,900	106.3%
Profit per share (Yen)	122.69	127.92	132.47	108.0%

Auto Auction Business (excl. JBA)	FY22 (Actual)	FY23 initial plan (May 9, 2023)	FY23 revised plan (Nov 7, 2023)	YoY
No. of vehicles consigned (Thousands)	2,958	3,000	3,076	104.0%
No. of vehicles contracted (Thousands)	1,863	1,880	1,915	102.8%
Contract completion rate	63.0%	62.7%	62.3%	-

In the first half of the fiscal year ending in March 2024, sales, operating profit, ordinary profit and profit attributable to owners of parent were all higher than the forecasts. This was the result of an increase in the number of vehicles consigned at auctions due to a higher number of new car registrations than one year earlier and of other reasons.

Due to this strong first half performance, fiscal year sales, operating profit, ordinary profit and profit attributable to owners of parent are expected to be higher than the forecasts that were announced on May 9, 2023.

The business forecasts and other forward-looking statements contained in this material are based on the information currently available to the Company and certain assumptions judged to be reasonable. Such statements are neither promises nor guarantees of future performance. The actual results may differ significantly from these statements for a number of reasons.