(Figures rounded off to million yen; % figures are year-on-yearrates)

May 12, 2023

Listed Company Name:

Chugai Mining Co., Ltd.

Stock Code Number:

1491

Stock Exchange:

Tokyo Stock Exchange (Standard Market)

Website:

www.chugaikogyo.co.jp

Representative:

Takeo NISHIMOTO, CEO and President

For Inquiry:

Isao SAKURABA, IR Center (Telephone: 03-3201-1541)

Consolidated Financial Statement (Tanshin) for the Fiscal Year Ending in March 2023

under Japanese GAAP (Consolidated)

Scheduled date for the regular shareholders' general meeting:

June 29, 2023

Scheduled date for the financial report submission:

June 30, 2023

Scheduled date for the commencement of dividend payments:

June 30, 2023

Supplementary materials explaining quarterly financial results:

None

Scheduled quarterly financial result explanation meeting:

None

1. Consolidated Financial Results for the Fiscal Year Ending March 2023 (April 1, 2022March 31, 2023)

(1) Consolidated Operating Results

Period Ending

March 2023 March 2022

REVENUE

Million Yen

%

84,822

64.4

51,590

30.8

OPERATING PROFIT RECURRING PROFIT

Million Yen

%

Million Yen

%

794

35.5

648

27.3

586

114.7

509

125.2

CURRENT NET

PROFIT

ATTRIBUTABLE TO

THE

SHAREHOLDERS OF

THE PARENT

COMPANY

Million Yen

%

398

27.1

546

212.0

[Remarks] Comprehensive income:

Period ending March 2023:

398 million yen (27.1%)

Period ending March 2022:

546 million yen (212.0%)

CURRENT NET

CURRENT NET

CURRENT NET

TOTAL ASSET/

REVENUE

PROFIT PER

PROFIT PER

PROFIT PER

RECURRING

OPERATING

SHARE

SHARE AFTER

SHAREHOLDER

PROFIT RATIO

PROFIT RATIO

ADJUSTMENT

S' EQUITY

FOR POTENTIAL

SHARES

Period Ending

Yen

Yen

%

%

%

March 2023

1.38

5.6

6.3

0.9

March 2022

1.89

8.0

5.6

1.1

[Remarks] Investment profit/loss on equity method: Period ending March 2023: ― million yen

Period ending March 2022: ― million yen

(2) Consolidated Financial Position

TOTAL ASSETS

SHAREHOLDERS'

SHAREHOLDERS'

SHAREHOLDERS'

EQUITY

EQUITY RATIO

EQUITY PER SHARE

Period Ending

Million Yen

Million Yen

%

Yen

March 2023

10,757

7,177

66.7

24.90

March 2022

9,833

7,067

71.9

24.52

[Remarks] Equity Capital:

Period ending March 2023:

7,177 million yen

Period ending March 2022:

7,067 million yen

(3) Consolidated Cash Flow Status

CASH FLOW FROM

CASH FLOW FROM

CASH FLOW FROM

CASH AND CASH

BUSINESS

INVESTMENT

FINANCIAL

EQUIVALENT AS OF

ACTIVITIES

ACTIVITIES

ACTIVITIES

THE END OF THE

PERIOD

Period Ending

Million Yen

Million Yen

Million Yen

Million Yen

March 2023

1,121

164

608

3,418

March 2022

356

198

19

4,095

Copyright ©2023 Chugai Mining Co. Ltd. All Rights Reserved

(Figures rounded off to million yen; % figures are year-on-yearrates)

2. Dividend Distribution Status

DIVIDEND PER SHARE

TOTAL DIVIDEND

DIVIDEND

GROSS ASSET

End of

End of

End of

End of

Annual

(ANNUAL)

PAYOUT RATIO

DIVIDEND RATIO

Q1

Q2

Q3

the

(CONSOLIDATED)

(CONSOLIDATED)

Period

Period Ending

Yen

Yen

Yen

Yen

Yen

Million Yen

%

%

March 2022

0.00

1.00

1.00

288

52.7

4.1

March 2023

0.00

0.50

0.50

144

36.2

2.0

March 2024

(anticipated

amount)

[Remarks] Please refer to our announcement release today as "Dividend of Surplus" in regards to the year-end dividend per share for the fiscal year ending March 2023. The year-end dividend per share for the fiscal year ending March 2024 is yet to be determined.

3. Consolidated Business Performance Outlook for the Fiscal Year Ending March 2024

(April 1, 2023March 31, 2024)

(% figures are year-on-year rates)

REVENUE

OPERATING

CURRENT

CURRENT NET

CURRENT

PROFIT

PROFIT

PROFIT

NET PROFIT

ATTRIBUTABLE

PER SHARE

TO THE

SHAREHOLDERS

OF THE PARENT

COMPANY

Million

%

Million

%

Million

%

Million

%

Yen

Yen

Yen

Yen

Yen

Semi-annual

41,800

2.7

310

16.4

280

17.2

270

101.5

0.94

(cumulative)

Annual

84,500

0.4

630

20.7

490

24.4

470

18.1

1.63

NOTES

  1. Material transfer of subsidiaries during the Fiscal Year (transfer of specific subsidiaries involving changes in the scope of
    consolidation):None
    New company:―― companies (company name(s))
    Excluded company: ―― companies (company name(s))
  2. Changes in the principles, procedures and/or indication method in the accounting process:

(i)

Change due to revisions in the accounting system:

None

(ii)

Change other than (i) above:

None

(iii)

Change in accounting estimate:

None

(iv)

Restatement:

None

  1. Issued number of shares (common stock)
    1. Number of shares issued as of the end of the Fiscal Year (including treasury stock)
    2. Treasury stock as of the end of the Fiscal Year
    3. Average number of shares during the Fiscal Year)

FY2023

289,747,982 shares

FY2022

289,747,982 shares

FY2023

1,533,966 shares

FY2022

1,532,428 shares

FY2023

288,214,877 shares

FY2022

288,693,750 shares

[Reference] Brief Overview of Non-Consolidated Business

Non-Consolidated Business Results for the Fiscal Year Ending in March 2023 (April 1, 2022March 31, 2023)

(1) Non-Consolidated Operating Results

REVENUE

OPERATING PROFIT

RECURRING PROFIT

CURRENT NET

PROFIT

Period Ending

Million Yen

%

Million Yen

%

Million Yen

%

Million Yen

%

March 2023

83,831

65.6

769

38.8

647

27.4

398

27.2

March 2022

50,608

30.9

554

73.1

508

122.8

547

209.0

Copyright ©2023 Chugai Mining Co. Ltd. All Rights Reserved

CURRENT NET

CURRENT NET

PROFIT PER SHARE

PROFIT PER SHARE

AFTER ADJUSTMENT

FOR POTENTIAL

SHARES

Period Ending

Yen

Yen

March 2023

1.38

March 2022

1.90

(2) Non-Consolidated Financial Position

TOTAL ASSETS

SHAREHOLDERS'

SHAREHOLDERS'

SHAREHOLDERS'

EQUITY

EQUITY RATIO

EQUITY PER SHARE

Period Ending

Million Yen

Million Yen

%

Yen

March 2023

10,758

7,178

66.7

24.91

March 2022

9,829

7,068

71.9

24.52

[Remarks]

Equity Capital: Period ending March 2023:

7,178 million yen

Period ending March 2022:

7,068 million yen

  • This financial statement is not subject to the audit procedure by a certified accountant or an audit corporation.
  • Proper use of the business performance outlook and other special instructions: Notice in regards to forward-looking
    statements: The above report/projection was established based on information available to the Company at the time of this announcement and the actual business performance may differ from these figures in the event of unforeseen elements taking effect after this announcement.

This is an English translation of the financial report created in Japanese.

Should there be any discrepancies between the Japanese original and the English translation, the Japanese original shall prevail.

Copyright ©2023 Chugai Mining Co. Ltd. All Rights Reserved

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Chugai Mining Co. Ltd. published this content on 12 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 May 2023 01:26:06 UTC.