EARNINGS SUMMARY | IR INFORMATION | Murakami Corporation

INDEX

Financial Statement Summary <Full Year>

*Revenue Recognition and Accounting Standards introduced for March ’22 term.

Consolidated Profit/Loss

Unit: 1 million JPY

	'23/3	'24/3	'25/3	'26/3	（'27/3 Forecast）
Sales	90,643	104,601	109,205	115,651	117,000
Gross Margin	13,037	16,076	17,263	18,436	―
% of Sales	14.4%	15.4%	15.8%	15.9%	―
Operating Profit	5,584	8,336	8,861	9,156	8,700
% of Sales	6.2%	8.0%	8.1%	7.9%	7.4%
Ordinary Profit	6,419	9,316	9,906	10,408	9,700
% of Sales	7.1%	8.9%	9.1%	9.0%	8.3%
Net Profit for Term	5,370	5,887	5,943	6,079	5,900
% of Sales	5.9%	5.6%	5.4%	5.3%	5.0%

Currency Exchange Rate

Unit: JPY

	End of '22	End of '23	End of '24	End of '25	End of '26 (Assumption)
USD	132.70	141.83	158.18	156.56	150

*Revenue Recognition and Accounting Standards introduced for March ’22 term.

Profit/Loss by Region

Unit: 1 million JPY

		'22/3	'23/3	'24/3	'25/3	'26/3
Japan	Sales	35,950	45,298	50,418	51,125	51,306
	Operating Profit	1,865	1,563	2,542	2,795	1,726
	% of Sales	5.2%	3.5%	5.0%	5.5%	3.4%
Asia	Sales	21,648	27,683	31,228	30,624	33,104
	Operating Profit	2,515	3,127	4,132	4,169	4,750
	% of Sales	11.6%	11.3%	13.2%	13.6%	14.3%
North America	Sales	15,996	17,660	22,954	27,456	31,240
	Operating Profit	264	329	946	1,454	1,935
	% of Sales	1.7%	1.9%	4.1%	5.3%	6.2%

Consolidated Balance Sheet

Unit: 1 million JPY

	'22/3	'23/3	'24/3	'25/3	'26/3
Cash Deposits	34,819	39,467	43,290	47,576	46,519
Inventory	7,501	9,984	9,442	9,774	10,131
Other Liquid Assets	14,032	17,477	17,942	21,247	23,766
Tangible Fixed Assets	23,685	24,204	24,613	26,033	27,467
Intangible Fixed Assets	1,400	1,360	1,222	1,176	1,302
Other Fixed Assets	7,759	7,865	10,301	9,716	12,997
Total Assets	89,199	100,359	106,814	115,526	122,183
Liquid Liabilities	13,991	19,497	17,733	20,029	20,202
Fixed Liabilities	3,185	1,835	3,015	3,235	3,872
Shareholder Equity	66,674	70,607	73,106	77,026	80,558
Other Comprehensive Income	3,020	5,502	9,873	11,896	14,295
Non-controlling Interest	2,328	2,918	3,085	3,338	3,253
Total Liabilities and Assets	89,199	100,359	106,814	115,526	122,183

Equipment Investments / Depreciation / R&D / Employee Count

Unit: 1 million JPY

		'22/3	'23/3	'24/3	'25/3	'26/3
Equipment Investments		2,614	3,232	3,516	4,701	5,396
Depreciation Costs		4,121	3,873	4,124	4,148	4,452
R&D Expenses		1,312	1,017	924	1,094	1,089
Employee Count	Consolidated	3,222	3,501	3,760	3,746	3,682
Employee Count	Non-consolidated	943	953	954	961	934

*Revenue Recognition and Accounting Standards introduced for March ’22 term.

	'22/3				'23/3				'24/3				'25/3				'26/3
	1Q	2Q	3Q	4Q	1Q	2Q	3Q	4Q	1Q	2Q	3Q	4Q	1Q	2Q	3Q	4Q	1Q	2Q	3Q	4Q
USD	110.71	110.58	111.92	115.02	122.39	136.68	144.81	132.70	133.53	144.99	149.58	141.83	151.41	161.07	142.73	158.18	149.52	144.81	148.88	156.56