FY2024 3rd Quarter Business Results

During the third quarter under review, net sales were ¥125,916 million (up 16.8% year on year), operating profit was ¥15,209 million (up 20.9% yoy), ordinary profit was ¥16,332 million (up 21.2% yoy), and net income attributable to owners of the parent company was ¥12,187 million (up 34.0% yoy).

Main factors behind the business results

• At the non-consolidated Amano, Parking Systems sales increased due to factors such as compatibility with new banknotes, etc. In addition, Information Systems sales continued to grow in software due to vigorous investment by various companies. Clean Systems sales continued to grow due to the strong performance of cleaning robots as well.
• In domestic group companies, the consigned parking lot management service business continued to grow, and the cloud service business for T&A sales decreased slightly due to the transfer of operations to Amano and other factors. The digital time stamp business continued to perform well.
• In overseas markets, sales increased in North America, Europe, and Asia, partly due to the effect of yen depreciation. In North America, Parking Systems sales continued to grow due to the effect of new products.
  In Europe, sales of Information Systems in France continued to grow by capturing customer needs. However, in North America and Europe, increased employees and rising labor costs put downward pressure on profits. In Asia, Parking Systems sales grew in South Korea and Hong Kong, and Environmental Systems sales grew in Thailand.
• Gains on the sale of investment securities was booked as a result of the reduction of cross-shareholdings.

FY2024 3rd Quarter	Summary Financial Statements (Consolidated) 3rd Quarter Report for FY2024