F C C : Consolidated Financial Results for the Fiscal Year Ended March 31,2021(under IFRS)

Note:	This document has been translated from a part of 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.

Consolidated Financial Results for the Fiscal Year Ended March 31, 2021

(under IFRS)

	April 28, 2021
Company name:	F.C.C. CO., LTD.
Listing:	Tokyo Stock Exchange
Securities code:	7296
URL:	https://www.fcc-net.co.jp/
Representative:	Yoshitaka Saito, President and Representative Director
Contact:	Yasutaka Oishi, Operating Officer, Head of Management and Administration
	TEL: [phone]

Scheduled date for holding ordinary general meeting of shareholders:	June 22, 2021
Scheduled date to commence dividend payments:	June 23, 2021
Scheduled date to file annual securities report:	June 24, 2021

Preparation of supplementary results briefing material on consolidated financial results: Yes

Holding of financial results presentation meeting:Yes (for institutional investors and analysts)

(Millions of yen with fractional amounts rounded, unless otherwise noted)

1. Consolidated financial results for the fiscal year ended March 31, 2021 (from April 1, 2020 to March 31, 2021)

(1) Consolidated operating results

(Percentages indicate year-on-year changes.)

Profit

Total

Profit before

attributable to

Sales revenue

Operating profit

Profit

comprehensive

income taxes

owners of

income

parent

Fiscal year ended

Millions

%

Millions

%

Millions

%

Millions

%

Millions

%

Millions

%

of yen

of yen

of yen

of yen

of yen

of yen

March 31, 2021

146,157

(14.6)

6,966

(11.8)

8,313

25.0

4,644

15.3

4,462

13.8

12,067

－

March 31, 2020

171,060

(3.7)

7,896

(50.2)

6,653

(59.7)

4,028

(66.3)

3,921

(66.7)

(2,068)

－

Ratio of profit to

Ratio of profit

Ratio of operating

Basic earnings

Diluted earnings

equity attributable

before income

profit to sales

per share

per share

to owners of

taxes to total

revenue

parent

assets

Fiscal year ended

Yen

Yen

%

%

%

March 31, 2021

89.81

－

3.6

4.9

4.8

March 31, 2020

78.92

－

3.2

4.0

4.6

Reference: Share of profit (loss) in investments accounted for using the equity method

For the fiscal year ended March 31, 2021:

¥(19) million

For the fiscal year ended March 31, 2020:

¥(15) million

(2) Consolidated financial position

Ratio of equity

Equity attributable

Equity attributable

attributable to

Total assets

Total equity

to owners of parent

to owners of parent

owners of parent to

total assets

per share

As of

Millions of yen

Millions of yen

Millions of yen

%

Yen

March 31, 2021

175,644

131,996

130,239

74.1

2,621.16

March 31, 2020

161,727

122,486

120,869

74.7

2,432.56

(3) Consolidated cash flows

	Net cash flows from	Net cash flows from	Net cash flows from	Cash and cash
	(used in) operating	(used in) investing	(used in) financing	equivalents at end of
	activities	activities	activities	period
Fiscal year ended	Millions of yen	Millions of yen	Millions of yen	Millions of yen
March 31, 2021	12,971	(8,522)	(3,175)	39,607
March 31, 2020	25,079	(10,597)	(8,990)	35,350

2. Cash dividends

		Annual cash dividends per share				Ratio of
								dividends to
	First	Second	Third			Total cash	Dividend	equity
	Fiscal		dividends	payout ratio	attributable to
	quarter-	quarter-	quarter-	Total
	year-end	(Total)	(Consolidated)	owners of
	end	end	end
					parent
								(Consolidated)
Fiscal year ended	Yen	Yen	Yen	Yen	Yen	Millions of yen	%	%
March 31, 2020	-	29.00	-	29.00	58.00	2,881	73.5	2.3
March 31, 2021	-	20.00	-	20.00	40.00	1,987	44.5	1.6
Fiscal year ending
March 31, 2022	-	26.00	-	26.00	52.00		27.2
(Forecast)

3. Consolidated earnings forecasts for the fiscal year ending March 31, 2022 (from April 1, 2021 to March 31, 2022)

(Percentages indicate year-on-year changes.)

					Profit before				Profit attributable	Basic
	Sales revenue	Operating profit	Profit		to owners of	earnings
	income taxes
								parent	per share
	Millions	%	Millions	%	Millions	%	Millions		%	Millions	%	Yen
	of yen	of yen	of yen	of yen		of yen
Six months ending	83,000	39.9	6,000	－	6,200	－	4,100		－	4,000	－	80.50
September 30, 2021
Fiscal year ending	168,000	14.9	13,500	93.8	14,000	68.4	9,700		108.8	9,500	112.9	191.19
March 31, 2022

* Notes

1. Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in the change in scope of consolidation): None
   Newly included: None
   Excluded:None
2. Changes in accounting policies and changes in accounting estimates

a. Changes in accounting policies required by IFRS:	None
b. Changes in accounting policies other than the above:	None
c. Changes in accounting estimates:	None

(3) Number of shares issued (ordinary shares)

a. Total number of shares issued at the end of the period (including treasury shares)

As of March 31, 2021	52,644,030 shares
As of March 31, 2020	52,644,030 shares

b. Number of treasury shares at the end of the period

As of March 31, 2021	2,956,232 shares
As of March 31, 2020	2,956,099 shares

c. Average number of shares during the period

Fiscal year ended March 31, 2021	49,687,904 shares
Fiscal year ended March 31, 2020	49,688,010 shares

(Reference) Summary of non-consolidated financial results

1. Non-consolidated financial results for the fiscal year ended March 31, 2021 (from April 1, 2020 to March 31, 2021)

(1) Non-consolidated operating results				(Percentages indicate year-on-year changes.)
	Net sales	Operating profit	Ordinary profit	Profit
Fiscal year ended	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
March 31, 2021	34,224	(10.7)		(1,511)	-	3,175	26.9	1,050	-
March 31, 2020	38,337	(6.2)		(134)	-	2,503	(60.2)	(179)	-
	Basic earnings	Diluted earnings
	per share		per share
Fiscal year ended		Yen			Yen
March 31, 2021		21.15			-
March 31, 2020		(3.61)			-
(2) Non-consolidated financial position
	Total assets		Net assets	Equity ratio	Net assets per share
As of	Millions of yen		Millions of yen		%		Yen
March 31, 2021		80,133			66,153		82.6	1,331.38
March 31, 2020		82,768			65,953		79.7	1,327.36
Reference: Equity
For the fiscal year ended March 31, 2021:	¥66,153 million
For the fiscal year ended March 31, 2020:	¥65,953 million

• Financial results reports are exempt from audit conducted by certified public accountants or an audit corporation.
• Proper use of earnings forecasts, and other special matters Caution regarding forward-lookingstatements
  The forward-looking statements including earnings forecasts contained in these materials are based on information currently available to the Company and certain assumptions deemed reasonable by the Company, and are not intended as the Company's commitment to achieve such forecasts. Actual business and other results may differ significantly from these forecasts due to a wide range of factors.
  How to obtain supplementary results briefing material on consolidated financial results
  The Company plans to hold a financial results presentation meeting on May 13, 2021. The Company also plans to post to its website the materials that are used at the meeting promptly after the meeting is held.

Consolidated financial statements

(1) Consolidated statement of financial position

	(Millions of yen)
	As of		As of
	March 31, 2020		March 31, 2021
Assets
Current assets
Cash and cash equivalents	35,350	39,607
Trade and other receivables	24,229	31,710
Other financial assets	2,114	4,493
Inventories	19,366	21,276
Other current assets	1,697	2,459
Total current assets	82,759	99,548
Non-current assets
Property, plant and equipment	61,491	57,570
Goodwill and intangible assets	4,520	3,934
Investments accounted for using the equity method	63	152
Other financial assets	10,374	12,076
Deferred tax assets	2,388	2,213
Other non-current assets	129	148
Total non-current assets	78,968	76,096
Total assets	161,727	175,644

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