Hosiden : Financial Results for the nine months ended December.31,2021

FINANCIAL RELEASE

FROM APRIL 1,2021 TO DECEMBER 31,2021

HOSIDEN CORPORATION

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									February.4,2022
1. Consolidated Results For The Nine Months Ended Dec.31,2021
(1)Consolidated Operating Results(Nine months ended Dec.31,2021)			Percentages indicate year - on - year changes
	Net Sales			Operating Income	Ordinary Income	Profit attributable to
			owners of parent
	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
Nine months ended Dec.31,2021	155,694	(17.9)	9,806	(1.6)	11,690	34.2	8,834	28.0
Nine months ended Dec.31,2020	189,701	14.4	9,964	1.3	8,711	(13.3)	6,901	(14.0)
	Net Income			Diluted Net
	Per Share		Income Per Share
	Yen			Yen
Nine months ended Dec.31,2021	156.48			145.24
Nine months ended Dec.31,2020	118.33			110.15
(2)Consolidated Financial Position(As of Dec.31,2021 and as of March.31,2021)
	Total Assets	Net Assets	Shareholders' Equity Ratio
	Millions of yen			Millions of yen				%
As of Dec.31,2021	172,577	117,658		68.2
As of Mar.31,2021	161,894	109,250		67.5

2.Dividends(Year ended March.31,2021 and the year ending March.31,2022)

					Dividends per Share(Yen)
	1st quarter	2nd quarter	3rd quarter	Year-end		Annual
		Yen		Yen		Yen			Yen	Yen
2021	-		10.00		-		15.00			25.00
2022	-		10.00		-
2022(Projected)							45.00			55.00
3.Consolidated Forecasts for the year ending March.31,2022			Percentages indicate year - on - year changes
	Net Sales	Operating Income	Ordinary Income	Profit attributable to	Net Income Per Share
							owners of parent
	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen		%	Yen
Year ending Mar.31,2022	215,000	(8.1)	12,500	1.0	13,500	0.7	10,500		1.6	185.99

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CONSOLIDATED BALANCE SHEET

			Yen (millions)
	ASSETS
	ACCOUNT ITEMS	As of March.31,2021	As of Dec.31,2021
Current assets
1.	Cash and deposits	52,371	50,178
2.	Notes receivable and accounts receivable-trade	25,738	-
3. Notes receivable,accounts receivable-trade and contract assets	-	34,276
4.	Short-term investment securities	18,400	10,600
5.	Inventories	36,713	46,728
6.	Other current assets	4,948	4,771
7.	Allowance for doubtful receivables	(35)	(36)
	Total of current assets	138,138	146,519
Fixed assets
Property, plant and equipment	16,499	18,730
Intangible assets	416	418
Investments and other assets
1.	Investment securities	4,945	4,896
2.	Other investments	2,185	2,303
Allowance for doubtful receivables	(290)	(290)
Total of investments and other assets	6,840	6,909
Total of fixed assets	23,756	26,058
	Total assets	161,894	172,577

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			Yen (millions)
	LIABILITIES
	ACCOUNT ITEMS	As of March.31,2021	As of Dec.31,2021
Current liabilities
1.	Notes payable and accounts payable-trade	27,137	27,430
2.	Short-term debt	1,941	2,014
3.	Income tax payable	2,214	2,135
4.	Other current liabilities	5,316	7,214
	Total of current liabilities	36,609	38,795
Long-term liabilities
1.	Convertible bond-type bonds with subscription rights to shares	10,073	10,057
2.	Retirement allowance	3,973	3,838
3.	Other long-term liabilities	1,988	2,227
	Total of long-term liabilities	16,034	16,123
	Total liabilities	52,644	54,919
	SHAREHOLDERS' EQUITY
Owner's equity
1.	Common stock	13,660	13,660
2.	Additional paid-in capital	19,596	19,596
3.	Retained earnings	86,668	91,252
4.	Treasury stock	(10,649)	(7,811)
Total of owner's equity	109,276	116,697
Accumulated other comprehensive income
1.	Unrealized gains on other securities	2,570	2,619
2.	Foreign currency translation adjustments	(2,951)	(1,911)
3.	Remeasurements of defined benefit plans	355	252
Total of accumulated other comprehensive income	(25)	960
	Total shareholders' equity	109,250	117,658
	Total liabilities and shareholders' equity	161,894	172,577

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CONSOLIDATED STATEMENT OF INCOME
			Yen (millions)
	ACCOUNT ITEMS	Nine months ended	Nine months ended
	Dec.31,2020	Dec.31,2021
Net sales	189,701	155,694
Cost of sales	172,371	138,486
Gross profit	17,329	17,208
Selling, general and administrative expenses	7,365	7,401
Operating income	9,964	9,806
Non-operating income	349	1,927
1.	Interest income	71	64
2.	Dividends received	101	108
3.	Exchange gain	-	1,511
4.	Other	176	242
Non-operating expenses	(1,601)	(44)
1.	Interest expenses	(36)	(23)
2.	Exchange loss	(1,520)	-
3.	Commission for syndicate loan	(13)	(13)
4.	Other	(30)	(6)
Ordinary income	8,711	11,690
Extraordinary income	186	588
1.	Gains on sales of fixed assets	186	360
2.	Gains on sales of investment securities	0	225
3.	Other	-	1
Extraordinary loss	(31)	(32)
1.	Loss on disposal and sales of fixed assets	(6)	(32)
2.	Loss on valuation of investment securities	(13)	-
3.	Loss on liquidation of subsidiaries	(11)	-
4.	Other	（0)	-
Income before income taxes	8,866	12,246
Income taxes	1,965	3,412
1. Current income taxes	1,786	3,223
2. Deferred income taxes	178	188
Net income	6,901	8,834
Profit attributable to non-controlling interests	-	-
Profit attributable to owners of parent	6,901	8,834

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