Kawata Mfg : Consolidated Financial Results for the Nine Months Ended December 31, 2021

Consolidated Financial Results

for the Nine Months Ended December 31, 2021

[Japanese GAAP]

January 31, 2022

Company name: KAWATA MFG. CO., LTD.

Stock exchange listing: Tokyo Stock Exchange

Code number: 6292

URL: https://www.kawata.cc/

Representative: Wataru Shiraishi, President and Representative Director

Contact: Tsunehiro Fujisaka, Director and Operation Officer in charge of Administrative Division

Phone: [phone]

Scheduled date of filing quarterly securities report: February 9, 2022

Scheduled date of commencing dividend payments: -

Availability of supplementary briefing material on quarterly financial results: Unavailable

Schedule of quarterly financial results briefing session: Not scheduled

(Amounts of less than one million yen are rounded down.)

1. Consolidated Financial Results for the Nine Months Ended December 31, 2021 (April 1, 2021 to December 31, 2021)

(1) Consolidated Operating Results				(% indicates changes from the previous corresponding period.)
																Net income
					Net sales			Operating income		Ordinary income			attributable to
																owners of parent
	Nine months ended		Million yen		%	Million yen	%		Million yen	%			Million yen	%
		13,203		3.7	557	13.8		624	27.7			381	52.5
	December 31, 2021
	Nine months ended		12,729	(21.9)	490	(64.2)		489	(64.5)			250	(71.3)
	December 31, 2020
(Note) Comprehensive income: Nine months ended December 31, 2021: ¥643 million [242.5%]
					Nine months ended December 31, 2020: ¥187 million [(74.3)%]
				Basic earnings		Diluted earnings
				per share			per share
					Yen			Yen
Nine months ended		54.66		-
December 31, 2021
Nine months ended		35.56		-
December 31, 2020
(2) Consolidated Financial Position
					Total assets		Net assets	Equity ratio
						Million yen		Million yen		%
	As of December 31, 2021			21,000		11,052		51.7
	As of March 31, 2021				20,911		10,621		49.9

(Reference) Equity: As of December 31, 2021: ¥10,861 million As of March 31, 2021: ¥10,427 million

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2. Dividends

		Annual dividends
	1st	2nd	3rd		Year-end	Total
	quarter-end	quarter-end	quarter-end
Fiscal year ended	Yen	Yen	Yen		Yen	Yen
-	15.00	-		15.00	30.00
March 31, 2021
Fiscal year ending	-	15.00	-
March 31, 2022
Fiscal year ending
March 31, 2022					15.00	30.00
(Forecast)

(Note) Revision to the forecast for dividends announced most recently: No

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2022 (April 1, 2021 to March 31, 2022)

(% indicates changes from the previous corresponding period.)

							Net income	Basic earnings
	Net sales		Operating income	Ordinary income	attributable to
		per share
							owners of parent
	Million yen	%	Million yen	%	Million yen	%	Million yen	%	Yen
Full year	18,700	11.4	830	64.0	780	30.6	510	72.0	73.11
(Note) Revision to the financial results forecast announced most recently: No

* Notes:

1. Changes in significant subsidiaries during the period under review (changes in specified subsidiaries resulting in changes in scope of consolidation): Yes

New: -

Excluded: 1: REIKEN (THAILAND) CO., LTD.

1. Accounting policies adopted specially for the preparation of quarterly consolidated financial statements: No
2. Changes in accounting policies, changes in accounting estimates and retrospective restatement
3. 1. Changes in accounting policies due to the revision of accounting standards: Yes
   2. Changes in accounting policies other than 1) above: No
   3. Changes in accounting estimates: No
   4. Retrospective restatement: No
4. Total number of issued shares (common shares)
5. 1. Total number of issued shares at the end of the period (including treasury shares):

December 31, 2021: 7,210,000 shares

March 31, 2021: 7,210,000 shares

1. Total number of treasury shares at the end of the period: December 31, 2021: 233,849 shares
   March 31, 2021: 233,849 shares
2. Average number of shares during the period:

Nine months ended December 31, 2021: 6,976,151 shares

Nine months ended December 31, 2020: 7,034,985 shares

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• These quarterly financial results are outside the scope of audit by a certified public accountant or an audit firm.
• Explanation of the proper use of financial results forecast and other notes

The earnings forecasts and other forward-looking statements herein are based on data currently available to the Company and certain assumptions that the Company believes are reasonable, and the Company has no intention of guaranteeing the achievability of them. Actual results may differ significantly from these forecasts due to various factors.

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