TPR : Summary of Consolidated Financial Statements for the Fiscal Year Ended March 31, 2023

Note: This document has been translated from 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.

May 15, 2023

Summary of Consolidated Financial Statements

for the Fiscal Year Ended March 31, 2023

Name of the company :	TPR CO.,LTD.
Listing:	Tokyo stock exchange
Securities Code :	6463
URL :	https://www.tpr.co.jp/
Representative :	Kazumi Yano, President & COO
Inquiries :	Ryoji Kojima, General Manager of Financial Department

Scheduled date of annual general meeting of shareholders :	June 29, 2023
Scheduled date of commence dividend payments :	June 9, 2023
Scheduled date to file annual securities report :	June 29, 2023
Supplementary materials on financial results :	Yes
Holding of financial results briefing :	Yes (for institutional investors and analysts)
	※ Amounts less than 1 Million are omitted.

1. Consolidated financial results for FY2022 (April 1, 2022 to March 31, 2023)

1. Consolidated operating results

(Percentages indicate represent year-on-year changes.)

	Net sales		Operating profit	Ordinary profit	Profit attributable
		to owners of parent
	Millions of yen		%	Millions of yen	%	Millions of yen	%	Millions of yen	%
FY 2022	178,619		9.2	6,856	△ 35.9	10,215	△ 30.2	3,843	△ 52.5
FY 2021	163,537		7.6	10,701	8.1	14,633	3.5	8,087	47.9

Note: Comprehensive income:	FY 2022		10,755 Million	(△46.1%)
		FY 2021		19,966 Million	(41.9%)
	Basic earnings	Diluted earnings	Return on		Ratio of ordinary	Ratio of operating
	per share		per share		equity		profit to total assets	profit to net sales
		Yen			Yen		%		%		%
FY 2022		112.90			-		2.9		3.9		3.8
FY 2021		234.50			-		6.6		5.9		6.5
Note: Share of profit (loss) of entities accounted for using equity method:		FY 2022		1,900	Million
								FY 2021		1,636	Million

(2) Consolidated financial position

	Total assets		Net assets	Equity-to-asset ratio	Net assets per share
	Millions of yen		Millions of yen	%	Yen
FY 2022	264,702			165,903	50.5	3,969.29
FY 2021	255,403			159,752	50.4	3,734.28
Note: Equity:	As of March 31, 2023:		133,756	Million
	As of March 31, 2022:		128,793	Million

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(3) Consolidated cash flows

	Cash flows from	Cash flows from	Cash flows from	Cash and cash
	equivalents at end of
	operating activities	investing activities	financing activities
	period
	Millions of yen	Millions of yen	Millions of yen	Millions of yen
FY 2022	21,088	△ 14,568	△ 3,919	44,557
FY 2021	19,859	△ 13,439	△ 10,350	40,244

2. Cash dividends

						Total cash		Ratio of
		Annual dividends per share		Payout ratio	dividends to
			dividends
						(Consolidated)	net assets
						(Total)
	End of 1Q	End of 2Q	End of 3Q	Year-end	Total		(Consolidated)
	Yen	Yen	Yen	Yen	Yen	Millions of yen	%	%
FYE 2021	-	29.00	-	29.00	58.00	2,015	24.7	1.6
FYE 2022	-	30.00	-	28.00	58.00	1,977	51.4	1.5
FYE 2023	-	30.00	-	30.00	60.00		29.7
(Forecasted)

3. Forecast for Consolidated Business Results for FY2023 (April 1, 2023 to March 31, 2024)

(Percentages indicate represent year-on-year changes.)

	Net sales		Operating profit	Ordinary profit	Profit attributable	Basic Earnings
		to owners of parent	per share
	Millions of yen		%	Millions of yen	%	Millions of yen	%	Millions of yen	%	Yen
Full fiscal year	189,400		6.0	9,600	40.0	12,800	25.3	6,800	76.9	201.79

*Notes
(1)	Changes in significant subsidiaries during the period:				None
(2)	Changes in accounting policies, accounting estimates, and restatement of corrections
	1.	Changes in accounting policies due to revisions of accounting standards, etc.:	Yes
	2.	Changes in accounting policies due to other reasons:				None
	3.	Changes in accounting estimates:				None
	4.	Restatement of prior period financial statements after error corrections:	None
(3)	Number of issued shares (common shares)
					FY2022			FY2021
		1.	Number of shares issued at the end of period		34,300,099	shares		36,100,099	shares
			(including treasury stock)
		2.	Number of treasury shares at the end of period		602,341	shares		1,610,566	shares
		3.	Average number of shares during the period		34,044,601	shares		34,488,153	shares

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1. Overview of non-consolidated financial results for FY 2022 (April 1, 2022 to March 31, 2023)

1. Non-consolidatedoperating results

(Percentages indicate represent year-on-year changes.)

	Net sales		Operating profit	Ordinary profit	Profit
	Millions of yen		%	Millions of yen	%	Millions of yen	%	Millions of yen	%
FY 2022	49,437		8.5	476	△ 52.2	6,200	△ 29.2	4,426	△ 40.9
FY 2021	45,572		13.6	996	-	8,754	60.0	7,487	380.1

Basic earnings

per share

Diluted earnings

per share

Yen

%

FY 2022

130.02

-

FY 2021

217.11

-

(2) Non-consolidated financial position

		Total assets	Net assets		Equity-to-asset ratio	Net assets per share
		Millions of yen	Millions of yen			%	Yen
FY 2022		107,515	80,686			74.9	2,390.02
FY 2021		105,923	79,033			74.5	2,287.23
Note: Shareholders' equity:		As of March 31, 2023:		80,538	Million
			As of March 31, 2022:		78,885	Million

※ Disclaimer regarding process of review

This summary of financial results is exempt from audit conducted by certified public accountants or an audit corporation.

※ Proper use of earnings forecast and other special matters (Caution Concerning Forward-Looking Statements)

Earnings forecasts and other forward-looking statements in this report are based on certain assumptions that are deemed reasonable and information available to the Company at the time of this report's preparation. Therefore the Company does not guarantee the achievement of any projections. Actual results may differ significantly from these forecasts for a number of reasons.

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