Nippon Ceramic : Jan 1, 2023 – Sep 30, 2023

Translation

November 2, 2023

Consolidated financial results for the nine months ended September 30, 2023

〔Japan GAAP〕
Company name:	Nippon Ceramic Co., Ltd.
Exchange listed on:	First Section of the Tokyo Stock Exchange
Securities code:	6929
URL:	https://www.nicera.co.jp/
Representative:	Shinichi Taniguchi, President & CEO
Contact:	Kiyoshi Honjo, Executive Officer
	Accounting department
	TEL [phone]
Scheduled date of quarterly report submission:	November 14, 2023
Scheduled date to commence dividend payments:	-
Preparation of quarterly supplementary explanatory material:	No
Quarterly results briefing held:	Yes (for analysts)

(Amounts rounded down to the nearest millions of yen.)

1. Consolidated financial results for the nine months ended September 30, 2023(From January 1, 2023 to September 30, 2023)

(1) Consolidated operating results					(Y.O.Y changes represented by %)
							Net income
	Net sales		Operating income	Ordinary income	attributable to
							owners of parent
	¥ million	%	¥ million	%	¥ million	%	¥ million	%
Nine months ended September 30, 2023	18,461	8.0	3,527	15.1	4,255	7.0	3,007	(39.5)
Nine months ended September 30, 2022	17,090	8.0	3,065	20.7	3,976	34.0	4,975	137.3

Note: Comprehensive income For the nine months ended September 30, 2023	¥ 4,598	million ［(36.4%)］
	For the nine months ended September 30, 2022	¥ 7,228	million ［110.0%］
		Net income per	Diluted net income
		share	per share
			¥			¥
	Nine months ended September 30, 2023		127.49		-
	Nine months ended September 30, 2022		202.50		-
(2)	Consolidated financial positions
	Total assets		Net assets	Equity ratio
		¥ million		¥ million		%
	As of September 30, 2023	57,528		52,386		87.2
	As of December 31, 2022	59,003		50,869		82.7
	Reference: Equity As of September 30, 2023	¥50,175	million
	As of December 31, 2022	¥48,774	million
2.	Dividends
					Annual dividends
	End of Q1	End of Q2	End of Q3	End of Q4	Total
		¥		¥		¥	¥	¥
	Fiscal year 2022	-		0.00		-	125.00	125.00
	Fiscal year 2023	-		0.00		-
	Fiscal year 2023(expected)						100.00	100.00

Note: Revision to the most recently disclosed dividend forecasts: No

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3. Consolidated earnings forecasts for the fiscal year 2023 (from January 1, 2023 to December 31, 2023)

(Y.O.Y changes represented by %)

							Net income	Net
	Net sales		Operating income	Ordinary income	attributable to	income
							owners of parent	per share
	¥ million	%	¥ millio	%	¥ millio	%	¥ millio	%	¥
Full year	24,800	6.6	4,800	14.9	5,300	7.1	3,750	(25.3)	158.94
Note: Revision to the most recently disclosed consolidated earnings forecasts: No

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