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.

November 9, 2022

Non-consolidated Financial Results

for the Second Quarter of the Fiscal Year Ending March 31, 2023

(Under Japanese GAAP)

Company name:

TOYO GOSEI Co., Ltd.

Listing:

Tokyo Stock Exchange, Standard Market

Securities code:

4970

URL:

https://www.toyogosei.co.jp/

Representative:

Yujin Kimura, President and Representative Director

Inquiries:

Shiro Shinozaki, General Manager of Financial and Accounting Department

Telephone:

+81-3-5822-6170

Scheduled date to file quarterly securities report:

November 10, 2022

Scheduled date to commence dividend payments:

December 9, 2022

Preparation of supplementary material on quarterly financial results: Yes

Holding of quarterly financial results briefing:

Yes (for institutional investors and analysts)

(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Non-consolidated financial results for the Second quarter of the fiscal year ending March 31, 2023 (from April 1, 2022 to September 30, 2022)

(1) Non-consolidated operating results (cumulative)

(Percentages indicate year-on-year changes.)

Net sales

Operating profit

Ordinary profit

Profit

Six months ended

Millions of yen

%

Millions of yen

%

Millions of yen

%

Millions of yen

%

September 30, 2022

17,553

11.7

2,852

20.4

3,278

38.9

2,247

38.3

September 30, 2021

15,710

2,369

81.3

2,360

84.7

1,625

87.8

Basic earnings

Diluted earnings

per share

per share

Six months ended

Yen

Yen

September 30, 2022

283.22

September 30, 2021

204.79

(2) Non-consolidated financial position

Total assets

Net assets

Equity-to-asset ratio

As of

Millions of yen

Millions of yen

%

September 30, 2022

47,788

18,199

38.1

March 31, 2022

46,886

16,061

34.3

Reference: Equity

As of September 30, 2022:

¥18,199 million

As of March 31, 2022:

¥16,061 million

2. Cash dividends

Annual dividends per share

First quarter-end

Second quarter-end

Third quarter-end

Fiscal year-end

Total

Yen

Yen

Yen

Yen

Yen

Fiscal year ended

15.00

15.00

30.00

March 31, 2022

Fiscal year ending

20.00

March 31, 2023

Fiscal year ending

March 31, 2023

20.00

40.00

(Forecast)

Note: Revisions to the forecast of cash dividends most recently announced: None

3. Forecast of financial results for the fiscal year ending March 31, 2023 (from April 1, 2022 to March 31, 2023)

(Percentages indicate year-on-year changes.)

Net sales

Operating profit

Ordinary profit

Profit

Basic earnings

per share

Millions of yen

%

Millions of yen

%

Millions of yen

%

Millions of yen

%

Yen

Full year

35,000

5.6

5,150

11.4

5,000

4.3

3,500

1.2

440.98

Note: Revisions to the forecast of financial results most recently announced: Yes

* Notes

  1. Adoption of accounting treatment specific to the preparation of quarterly non-consolidated financial statements: None
  2. Changes in accounting policies, changes in accounting estimates, and restatement
    1. Changes in accounting policies due to revisions to accounting standards and other regulations: None
    2. Changes in accounting policies due to other reasons: None
    3. Changes in accounting estimates: None
    4. Restatement: None
  3. Number of issued shares (common shares)
    1. Total number of issued shares at the end of the period (including treasury shares)

As of September 30, 2022

8,143,390 shares

As of March 31, 2022

8,143,390 shares

(ii) Number of treasury shares at the end of the period

As of September 30, 2022

206,467 shares

As of March 31, 2022

206,467 shares

  1. Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)

Six months ended September 30, 2022

7,936,923 shares

Six months ended September 30, 2021

7,937,036 shares

  • Quarterly financial results reports are exempt from quarterly review conducted by certified public accountants or an audit corporation.

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Toyo Gosei Co. Ltd. published this content on 09 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2022 06:50:02 UTC.