Sanwa : 〔Delayed〕Sanwa Global Vision 2030 Mid-Term Management Plan 2024(2022-2024) & FY2021 Consolidated Results FY2022 Consolidated Forecast

Presentation Materials

Sanwa Global Vision 2030

Mid-Term Management Plan 2024(2022-2024)

FY2021 Consolidated Results (The 87th Period) FY2022 Consolidated Forecast

May 13, 2022

www.sanwa-hldgs.co.jp

Introduction

1 Record High Results in FY2021

We achieved record high sales and profit with Group-wide efforts to deal with raw material price rise and supply chain disruptions occurred globally.

2 Enhanced Shareholder Return Policy

• Refer to page 5

We increased the annual dividend for FY2021 by ¥2 to ¥36 from ¥34

The target payout ratio in the new Mid-term Management Plan was raised to 40% from the previous level of 35%

We plan a ¥9 dividend increase to ¥45 for FY2022, together with the

expected increase in earnings.➡ Refer to page 22, 23 3 Formulation of New Long-TermVision and Mid-TermManagement Plan

Sanwa Global Vision 2030 and Mid-Term Management Plan 2024 have started in FY2022.

In the Mid-Term Plan, KPIs including sales and profit, SVA, ROIC and ROE are projected to reach record highs.

➡ Refer to page 16 02

Contents

Contents

■ FY2021 Consolidated Results

Our Mission, Our values

01	FY2021 Business Results Highlight	・・・05
02	FY2021 Net Sales & Operating Profit (By sector)	・・・06
■ Reflections on Sanwa Global Vision 2020
03	Trend of Consolidated Results	・・・08
04 Accomplishment and Challenges	・・・09

What the Sanwa Group should fulfill for the

societyMission

Fundamental Targets	Values
of the Sanwa Group

Offering products and services that provide safety, security and convenience to further contribute to the prosperity of society.

・To deliver products and services to satisfy all customers.

・To become a true global player and be highly valued in each market in the world. ・To bring together the creativity of each individual in a team environment for the

enhancement of corporate value.

■ Sanwa Global Vision 2030	・・・11
05	Social & External Environment
06 Sanwa Global Vision 2030	・・・12
07	Basic Strategies	・・・13
■ Mid-Term Management Plan 2024	・・・15
08	Positioning
09	Financial Targets	・・・16
10	Basic Strategies	・・・17
11	Financial Strategies	・・・22
■ FY2022 Consolidated Forecast	・・・25
12 FY2022 Business Forecast Highlight
13	FY2022 Net Sales & Operating Profit (By sector)	・・・26
◆Appendix	・・・28
01	Outline of Consolidated Results by Sector
02 Order Intake & Net Sales by Products	・・・29
	(Sanwa Shutter)
03	North America・Europe : Net Sales by products	・・・30
	(ODC, NF)	・・・31
04 Business and External Environment
05 Key Figures & Ratios	・・・32
06 SVA & ROIC Tree	・・・33
07	ESG Materiality and KPI	・・・34
08	Capital Expenditure & Depreciation	・・・35
09 Topics	・・・36
10	External Evaluations	・・・37

What the Sanwa	Long-Term
Group aims for	Vision	Sanwa Global Vision 2030

Mid-Term

Management Plan Mid-Term Management Plan 2024

	One Year Plan	Plan for FY2022
Principles	Compliance	PDCA
Code of
of Business
Conduct

PDCA of Sanwa Group

In the PDCA (plan, do, check, act) cycle, it is important to carry out processes from planning to implementation, subsequent assessment of issues to be resolved, and improvements and countermeasures that lead to the next stage. In all business operations, all Sanwa Group employees act with an awareness of problems, are never satisfied with the status quo, and are committed to making steady efforts every day. Therefore, the Sanwa Group has made the PDCA cycle part of its Compliance Code of Conduct.

Foot-note on Forecast

Any contents in this brochure are based on various assumptions, and neither promise nor guarantee the indicated results of forecast or realization of any management issue.

03

FY2021 Consolidated Results

Reflections on Sanwa Global Vision 2020

Sanwa Global Vision 2030

Mid-term Management Plan 2024

FY2022 Consolidated Forecast

01	FY2021 Consolidated Results
FY2021 Business Results Highlight
						(JPY bn, ％)
		FY2020	FY2021	Revised	Variance vs.	Variance
		Forecast	vs. FY2020 (%)
		Actual	Actual	Forecast
		(amt)	(amt)

Net Sales	427.1	469.0	457.0
【458.5】
Operating	33.08	35.49	34.00
Profit	【34.94】
Ordinary	32.14	34.12	32.70
Profit	【33.62】
Profit attributable to	21.25	22.84	21.60
owners of parent	【22.48】

+12.0	+41.9	+9.8
【+31.4】	【+7.4】
+1.49	+2.41	+7.3
【+1.86】	【+5.6】
+1.42	+1.98	+6.2
【+1.48】	【+4.6】
+1.24	+1.59	+7.5
【+1.23】	【+5.8】

【assumed Forex rate same as FY2020】 (Asia excluded)

Forex Rate	FY2020	FY2021
１USD	106.43	110.37
１EUR	121.97	130.34

		Operating profit				〈Summary〉
		reconciliation(consolidated)
					JPY bn
FY2020	33.08		(Revised
Sales			forecast)
	+6.50(+6.78)		Net sales
Volume
Selling		+16.01(+14.72)
Price
Material		-17.01(-16.25)
Price
+¥2.41bn	-3.33(-3.88)気候
Cost	Operating profit
FOREX		+0.55(-0.02)
New		+0.30
Consolidation			全て	Ordinary profit
Others		-0.61(-0.43)
FY2021	35.49(34.00)					Profit attributable
							to owners of parent

Net sales and profits exceeded revised forecast, marking a new record high

・Exceeded revised forecast, increased YoY.

All sectors recovered from the pandemic impacted FY2020.

Posted record consolidated net sales as revenue growth was driven by increased demand from a strong residential market in Europe and the U.S., while sales of group companies in Japan were also solid.

・Exceeded revised forecast, increased YoY.

化Despiteする社会supplyのニーchainズに応disruptionえる and steep rise in raw material prices, ョンrecordをグローprofitバルにwas提供achievedし、 through appropriate price pass-though,

higher sales volume, productivity improvements and cost reductions.

と人材力強化により

価・さExceededれる企業revisedグループforecast,となる。 increased YoY. (Profit/loss on equity method improved YoY)

・Exceeded revised forecast, increased YoY.	05
EPS surpassed ¥100