Consolidated financial results for the nine months ended September 30,2021

Translation

November 5, 2021

Consolidated financial results for the nine months ended September 30, 2021

〔Japan GAAP〕
Company name:	Nippon Ceramic Co., Ltd.
Exchange listed on:	First Section of the Tokyo Stock Exchange
Securities code:	6929
URL:	https://www.nicera.co.jp/
Representative:	Shinichi Taniguchi, President & CEO
Contact:	Kiyoshi Honjo, Executive Officer
	Accounting department
	TEL [phone]
Scheduled date of quarterly report submission:	November 12, 2021
Scheduled date to commence dividend payments:	-
Preparation of quarterly supplementary explanatory material:	No
Quarterly results briefing held:	Yes (for analysts)

(Amounts rounded down to the nearest millions of yen.)

1. Consolidated financial results for the nine months ended September 30, 2021 (From January 1, 2021 to September 30, 2021)

(1) Consolidated operating results											(Y.O.Y changes represented by %)
																Net income
			Net sales		Operating income		Ordinary income		attributable to
																owners of parent
			¥ million	%		¥ million			%		¥ million	%		¥ million	%
	Nine months ended September 30, 2021	15,827	29.8	2,540	38.9	2,967		48.4	2,096	47.5
	Nine months ended September 30, 2020		12,193		(12.8)		1,828		(27.0)		1,999		(28.8)		1,421		(29.3)
Note: Comprehensive income For the nine months ended September 30, 2021	¥ 3,442	million ［199.6%］
	For the nine months ended September 30, 2020	¥ 1,149	million ［11.7%］

				Net income per	Diluted net income
				share			per share
					¥	¥
	Nine months ended September 30, 2021		82.02	-
	Nine months ended September 30, 2020			54.63	-
(2) Consolidated financial positions
			Total assets			Net assets	Equity ratio
				¥ million	¥ million	%
	As of September 30, 2021	55,043		49,913		87.2
	As of December 31, 2020		53,926		49,880		89.2
	Reference: Equity As of September 30, 2021	¥47,990	million
	As of December 31, 2020	¥48,120	million

2.	Dividends
				Annual dividends
		End of Q1	End of Q2	End of Q3	End of Q4	Total
		¥	¥	¥	¥	¥
	Fiscal year 2020	-	0.00	-	70.00	70.00
	Fiscal year 2021	-	0.00	-
	Fiscal year 2021(expected)				50.00	50.00
	Note: Revision to the most recently disclosed dividend forecasts: No

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3. Consolidated earnings forecasts for the fiscal year 2021 (from January 1, 2021 to December 31, 2021)

(Y.O.Y changes represented by %)

															Net income		Net
			Net sales			Operating income		Ordinary income		attributable to		income
															owners of parent		per share
			¥ million	%		¥ millio	%		¥ millio	%		¥ millio	%	¥
	Full year		21,000		22.7		3,500		23.0		4,000		33.0		2,800		31.2		109.52

Note: Revision to the most recently disclosed consolidated earnings forecasts: Yes

For the revision of the earnings forecast, please refer to the "notice rgarding the revision of the earnings forecast" announced today.

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