Nichicon : Q2 FY2022

(% indicates year-on-yearchange)

Financial Results (Japanese GAAP, Consolidated)

For the Six Months Ended September 30, 2022 (Q2 FY2022)

			November 7, 2022
Name of Listed Company: NICHICON CORPORATION	Stock Exchange Listing: Tokyo
Code Number: 6996	URL https://www.nichicon.co.jp
Representative: Shigeo Yoshida	Title: President
Contact Person: Hitoshi Chikano	Title: Director and Senior Managing Executive Officer, General Manager of
		Corporate Communications and Investor Relations Office

Phone: [phone]

Scheduled date for filling of securities report: November 11, 2022

Scheduled date of dividend payment: December 7, 2022

Supplementary materials available on financial results: Yes

Financial results briefing: Yes (For institutional investors and analysts)

Note: Figures have been rounded down to the nearest million yen.

1. Consolidated business performance for the six months ended September 30, 2022 (April 1, 2022 to September 30, 2022)

(1) Consolidated business performance

							Net income
	Net sales		Operating income	Ordinary income	attributable to
							owners of the parent
Six months ended	¥ million	%	¥ million	%	¥ million	%	¥ million	%
September 30, 2022	87,628	34.7	5,947	241.9	8,591	236.7	2,798	18.5
September 30, 2021	65,075	21.4	1,739	185.9	2,551	91.3	2,361	263.3

(Note) Comprehensive income: ¥5,125 million (159.6%) for the six months ended September 30, 2022 ¥1,974 million (-64.3%) for the six months ended September 30, 2021

			Net income		Fully diluted net
			per share		income per share
	Six months ended	¥			¥
	September 30, 2022	40.91		36.94
	September 30, 2021	34.52		31.16
(2) Consolidated financial position
			Total assets		Net assets		Shareholders'		Net assets
					equity ratio		per share
		¥ million		¥ million			%	¥
	As of September 30, 2022	196,902		98,736			49.0		1,410.18
	As of March 31, 2022	170,112		94,652			54.3		1,350.76
	(Reference) Shareholders' equity: ¥96,480 million as of September 30, 2022
			¥92,415 million as of March 31, 2022
2. Dividends
					Annual dividends per share
			1st quarter		2nd quarter	3rd quarter	Year-end	Annual
			¥	¥	¥		¥		¥
	Apr. 2021 - Mar. 2022		-	13.00	-	14.00		27.00
	Apr. 2022 - Mar. 2023		-	14.00
	Apr. 2022 - Mar. 2023					-	15.00		29.00
	(Forecast)
	(Note) Revisions to dividend forecasts published most recently: Yes

3. Forecast for consolidated business performance for the year ending March 31, 2023 (April 1, 2022 to March 31, 2023)

(% indicates year-on-year change)

								Net income		Net income
	Net sales		Operating income	Ordinary income	attributable to
		per share
								owners of the parent
	¥ million		%	¥ million	%	¥ million	%	¥ million		%	¥
Full year	170,000		19.6	11,000	71.1	13,500	57.1	7,500		(5.1)	109.62

(Note) Revisions to business performance forecasts published most recently: Yes