Nippon Ceramic : Consolidated financial results for the three months ended March 31, 2021

Translation

May 7, 2021

Consolidated financial results for the three months ended March 31, 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 to commence dividend payments:	-
Scheduled date of quarterly report submission:	May 14, 2021
Preparation of quarterly supplementary explanatory material:	No
Quarterly results briefing held:	No

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

1. Consolidated financial results for the three months ended March 31, 2021 (From January 1, 2021 to March 31, 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	%
	Three months ended March 31, 2021	4,978	27.2	912	62.1	1,115	74.8	778	29.1
	Three months ended March 31, 2020	3,915	(15.7)	562	(33.4)	638	(30.1)	603	(7.5)

	Note: Comprehensive income For the three months ended March 31, 2021	¥1,696	million［－%］
	For the three months ended March 31, 2020	¥ 47	million［(95.1)%］
		Net income per		Diluted net income
			share			per share
				¥			¥
	Three months ended March 31, 2021		30.21			-
	Three months ended March 31, 2020		22.85			-
(2) Consolidated financial positions
		Total assets			Net assets	Equity ratio
			¥ million			¥ million	%
	As of March 31, 2021		54,113			49,665	88.5
	As of December 31, 2020		53,926			49,880	89.2
	Reference: Equity As of March 31, 2021	¥47,886	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	-
	Fiscal year 2021(expected)		0.00	-	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	%	¥
First half	8,900	17.7	1,550	43.4	1,700	37.5	1,200	34.3	46.56
Full year	18,600	8.7	3,300	15.9	3,600	19.7	2,600	21.8	100.89

Note: Revision to the most recently disclosed consolidated earnings forecasts: No

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