Mipox : Presentation Material for Fiscal Year Ended March 31, 2021 (FY2021) Results Briefing

Financial Year Ending in March 2021 Financial Result

F Y 2 0 2 1 Financial R e s u l t

Mipox Corporation

Index

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FY2021 Financial Result

Sales were particularly were affected particularly by the stagnant automobile industry during the first half of the year, however they gradually recovered.

FY2022 Financial Forecast

Despite the uncertainty over future economic prospects due to current COVID-19 situation, sales from processing services business and high-tech business are mainly expected to remain strong in 2022.

Approach in FY2022

Our approach is to provide new value to customers.

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01 FY2021 Financial Result

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01-1 Difference Between Forecast and Result

The FY2021 actual result largely differed from the forecast announced on February 12, 2021.

Reason for Difference

［Unit: million JPY］	FY2021		FY2021	Difference
	Previous Forecast		Actual Result

Sales	7,100		7,361		+261		+3.7%
Operating profit	300		359		+59		+19.8％
Ordinary profit	110		301		+191		+173.9％
Profit attributable to	▲50		87		+137		ー
owners of parent

（Sales）

• Sales growth in product business and processing service business.

（Profit）

• Operating profit increased by reducing fixed expenses.
• Ordinary profit increased due to foreign exchange gains.

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01-2 Extraordinary Losses

Extraordinary Losses

The company recorded an extraordinary loss of 60 million yen due to the impairment of factory buildings, structures, and restoration costs owned by "MIPOX Malaysia Sdn. Bhd.", as we announced by the "Notice of Recording of Extraordinary Loss (Impairment Loss)" dated on February 9th, 2021.

In the same announcement, it recorded an extraordinary loss (impairment loss) of 75 million yen to the replacement of the ERP system.

It also recorded an extraordinary loss of 23 million yen as the resolution of selling off the plant site that had been acquired from Nagasaki Prefecture in March 2018.

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