Nippon Koei : Summary of Financial Results 2022

Consolidated Financial Results

for the Fiscal Year Ended June 30, 2022

[IFRS]

August 12, 2022

Company name: Nippon Koei Co., Ltd.

Stock exchange listing: Tokyo Stock Exchange

Code number: 1954

URL: https://www.n-koei.co.jp/english/

Representative: Hiroaki Shinya, Representative Director and President

Contact: Yasushi Hirusaki, Director General of Corporate Management Headquarters, Director

Phone: [phone]

Scheduled date of holding general shareholders' meeting: September 29, 2022

Scheduled date of commencing dividend payments: September 12, 2022

Scheduled date of filing annual securities report: September 28, 2022

Availability of supplementary briefing material on financial results: Yes

Schedule of financial results briefing session: Yes (for institutional investors and securities analysts)

(Amounts of less than one million yen are rounded down.)

1. Consolidated Financial Results for the Fiscal Year Ended June 30, 2022 (from July 1, 2021 to June 30, 2022)

(1) Consolidated Operating Results

(% indicates changes from the previous fiscal year.)

Profit

Revenue

Operating profit

Profit before tax

Profit

attributable to

owners of parent

Fiscal year ended

Million yen

%

Million yen

%

Million yen

%

Million yen

%

Million yen

%

June 30, 2022

130,674

10.9

9,065

27.2

10,800

50.5

6,704

48.4

6,579

45.2

June 30, 2021

117,859

8.7

7,128

35.9

7,176

42.7

4,518

39.2

4,531

46.2

Basic earnings

Diluted earnings

Return on equity

Ratio of profit

Ratio of operating

attributable to

before tax to total

per share

per share

profit to revenue

owners of parent

assets

Fiscal year ended

Yen

Yen

%

%

%

June 30, 2022

436.98

436.98

8.8

6.5

6.9

June 30, 2021

300.00

300.00

6.7

4.7

6.0

(Reference) Share of profit of investments accounted (Equity method):Fiscal year ended June 30, 2022

: ¥230 million

Fiscal year ended June 30, 2021

: ¥35 million

(2) Consolidated Financial Position

Equity

Ratio of equity

Equity attributable to

attributable to

Total assets

Total equity

attributable to

owners of parent per

owners of parent to

owners of parent

share

total assets

As of

Million yen

Million yen

Million yen

%

Yen

June 30, 2022

173,926

81,969

78,088

44.9

5,185.66

June 30, 2021

156,137

72,294

70,725

45.3

4,699.82

(3) Consolidated Cash Flows

Cash flows from

Cash flows from

Cash flows from

Cash and cash equivalents

operating activities

investing activities

financing activities

at the end of period

Fiscal year ended

Million yen

Million yen

Million yen

Million yen

June 30, 2022

4,820

(6,949)

1,892

17,971

June 30, 2021

12,073

(2,750)

(7,928)

17,838

2. Dividends

Dividends per share

Total

Payout ratio

Ratio of dividends to

dividends paid

equity attributable to

1st

2nd

3rd

Year-end

Total

(consolidated)

owners of parent

quarter-end

quarter-endquarter-end

(annual)

(consolidated)

Fiscal year ended June 30, 2021 Fiscal year ended June 30, 2022

Fiscal year ending June 30, 2023 (Forecast)

Yen	Yen	Yen	Yen	Yen	Million yen	%	%
-	0.0	-	75.00	75.00	1,128	25.0	1.7
	0
-	0.0	-	125.00	125.00	1,882	28.6	2.5
	0
-	0.0	-	125.00	125.00		28.1

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3. Consolidated Financial Results Forecast for the Fiscal Year Ending June 30, 2023 (July 1, 2022 to June 30, 2023) (% indicates changes from the previous fiscal year.)

	Revenue		Operating profit	Profit attributable to owners of	Basic earnings
		parent		per share
	Million yen	%	Million yen	%	Million yen	%	Yen
Full year	145,000	11.0	11,300	24.6	6,700	1.8	444.93

* Notes:

1. Changes in significant subsidiaries during the period under review (changes in specified subsidiaries resulting in changes in scope of consolidation): None
   New companies: None
   Excluded companies: None
2. Changes in accounting policies and changes in accounting estimates
3. 1. Changes in accounting policies required by IFRS: None
   2. Changes in accounting policies other than 1) above: None
   3. Changes in accounting estimates: None
4. Total number of issued shares (ordinary shares)
5. 1. Total number of issued shares at the end of the period (including treasury shares)

As of June 30, 2022

:

15,060,314 shares

As of June 30, 2021

:

15,048,568 shares

2) Total number of treasury shares at the end of the period

As of June 30, 2022

:

1,811 shares

As of June 30, 2021

:

60 shares

3) Average number of shares during the period

Fiscal year ended June 30, 2022

:

15,056,069 shares

Fiscal year ended June 30, 2021

:

15,106,105 shares

(Reference) Nonconsolidated Financial Results

1. Nonconsolidated Financial Results for the Fiscal Year Ended June 30, 2022 (July 1, 2021 to June 30, 2022)

(1) Nonconsolidated Operating Results

(% indicates changes from the previous fiscal year.)

Net sales

Operating profit

Ordinary profit

Net profit

Fiscal year ended

Million yen

%

Million yen

%

Million yen

%

Million yen

%

June 30, 2022

80,796

9.2

4,287

2.4

7,100

23.5

5,236

111.1

June 30, 2021

73,970

6.5

4,185

159.5

5,750

83.3

2,480

(1.8)

Basic earnings

Diluted earnings

per share

per share

Fiscal year ended

Yen

Yen

June 30, 2022

347.81

-

June 30, 2021

164.23

-

(2) Nonconsolidated Financial Position

Total assets

Net assets

Equity ratio

Net assets per share

As of

Million yen

Million yen

%

Yen

June 30, 2022

120,878

59,280

49.0

3,936.66

June 30, 2021

110,295

55,043

49.9

3,657.72

(Reference) Equity: As of June 30, 2022: ¥59,280 million As of June 30, 2021: ¥55,043 million

2. Nonconsolidated Financial Results Forecast for the Fiscal Year Ending June 30, 2023 (July 1, 2022 to June 30, 2023)

(% indicates changes from the previous fiscal year.)

	Net sales		Ordinary profit		Net profit		Basic earnings
				per share
	Million yen	%	Million yen	%	Million yen	%	Yen
Full year	86,000	6.4	7,500		5.6	5,500		5.0	365.24

• These consolidated financial results are not subject to audit procedures by certified public accountants or the audit firm.
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• Explanation of the proper use of financial results forecast and other notes:
• 1. The earnings forecasts and other forward-looking statements disclosed herein are based on information available to the Company as of publication date of this document and certain assumptions deemed reasonable. Actual results, etc. may differ significantly due to a wide range of factors.
  2. The Company is scheduled to hold a financial results briefing session for investors and analysts on September 2, 2022. The financial briefing materials to be distributed at this briefing session will be subsequently posted on the Company's website.

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