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

Disclaimer: This document is an English translation of the original in Japanese and has been prepared solely for reference purposes. In the event of any discrepancy between this English translation and the original, the original shall prevail.

Consolidated Financial Results

for the Nine Months Ended December 31, 2021

[Japanese GAAP]

February 2, 2022

Company name: SEIREN CO., LTD.

Stock exchange listing: Tokyo Stock Exchange

Securities code: 3569

URL: https://www.seiren.com/english/

Representative: Tatsuo Kawada, Representative Director, Chairman and C.E.O.

Contact: Koji Kawada, Director and Managing Executive Officer, Division Manager, Corporate Strategy Planning Division

Phone: [phone]

Scheduled date of filing quarterly securities report: February 14, 2022

Scheduled date of commencing dividend payments: -

Availability of supplementary explanatory materials on quarterly financial results: Available

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 - December 31, 2021)

(1) Consolidated Operating Results			(% indicates changes from the previous corresponding period.)
		Net sales		Operating profit		Ordinary profit		Profit attributable to
					owners of parent
Nine months ended		Million yen	%	Million yen	%		Million yen	%		Million yen	%
December 31, 2021		80,103	13.0		8,137	38.8		8,785	45.1		6,562	86.1
December 31, 2020		70,911	(22.2)		5,860	(26.3)		6,055	(28.9)		3,526	(42.1)
Note: Comprehensive	income: Nine months	ended December 31,	2021: 9,047 million yen	[368.6%]
		Nine months ended December 31, 2020: 1,930 million yen [(57.7)%]
		Basic earnings		Diluted earnings
		per share		per share
Nine months ended			Yen			Yen
December 31, 2021			122.33			104.68
December 31, 2020			63.74			63.08
(2) Consolidated Financial Position
		Total assets		Net assets	Equity ratio	Net assets per share
			Million yen		Million yen		%		Yen
As of December 31, 2021	151,604		88,159		57.2		1,616.63
As of March 31, 2021		144,702		80,897		55.0		1,484.52

Reference: Equity: As of December 31, 2021: 86,757 million yen

As of March 31, 2021: 79,623 million yen

• These quarterly financial results are outside the scope of quarterly review by certified public accountants or an audit firm.
• Explanation of the proper use of financial results forecast and other notes
• 1. 
     The financial results forecasts and other forward-looking statements herein are based on information available to the Company as of the date of publication of this document and certain assumptions deemed reasonable. Actual results may differ significantly from these forecasts due to a wide range of factors. For notes on financial results forecasts, please refer to "1. Qualitative Information on Quarterly Financial Results for the Period under Review,
  2. Explanation on Consolidated Financial Results Forecast and Other Forward-looking Information" on page 4 of the attachments to the Japanese version of this document.