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Year Ended May 26, 2023 (76th Term)

Financial Results Briefing

May 9, 2023

S.T. Corporation

Takako Suzuki, President & CEO

Report on the Financial Results

Summary for the 76th Term

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Summary of the Business Performance in FY3/23

■Net sales grew from the previous year, although the sales of the core business fell below the forecast.

■Operating profit dropped.

The increase in product prices could not cover the rise in ratio of cost of sales due to the skyrocketing of costs and the loss on valuation of inventory.

■Profit increased.

In the previous year, there was an impact of extraordinary losses.

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Copyright © S.T. Corporation. All rights reserved.

Highlights of the Business Performance in FY3/23

N e t s a l e s a n d p r o f i t i n c r e a s e d

Consolidated

Sales

Vs.

YOY

ratio

Forecast

Net sales

¥45.6 bn

-

95.9

100.2

Operating profit

¥2.4 bn

5.3

94.7

74.3

Ordinary profit

¥2.7 bn

6.0

95.8

78.4

Profit attributable

¥1.8 bn

4.0

96.2

164.9

to owners of parent

Comprehensive

income attributable

¥2.0 bn

to owners of parent

Dividend: ¥40 (¥38 in the previous fiscal year)

Copyright © S.T. Corporation. All rights reserved.

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Highlights of the Business Performance in FY3/23

FY3/23

Actual

Sales ratio

YOY

Net sales

¥45.6 bn

-

100.2

Cost of sales

¥28.6 bn

62.8

103.5

Gross profit

¥17.0 bn

37.2

95.2

Selling, general

¥14.5 bn

31.9

99.9

and administrative

expenses

Operating profit

¥2.4 bn

5.3

74.3

Copyright © S.T. Corporation. All rights reserved.

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S.T.Corporation published this content on 26 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 May 2023 06:33:25 UTC.