Financial Results for First Half of Fiscal Year Ending March 31, 2022

November 9, 2021

1

Contents

1.First-Half Results for Fiscal Year Ending March 2022

2.Full-Year Forecast for Year Ending March 2022

3.Topics

4.Company Overview

2

Contents

1.First-Half Results for Fiscal Year Ending March 2022

2.Full-Year Forecast for Year Ending March 2022

3.Topics

4.Company Overview

3

Overview of FY ending 03/2022

Orders: Semiconductor-related capital investment in the domestic and international electronics industry remains robust.

Sales: The advancement of large domestic and international projects has increased over the previous period. Surpassing previous fiscal year due to progress achieved in construction on large-scale projects.

Operating Income: Increased due to increased sales in the electronics industry.

Millions of JPY

Orders

Sales

Operating Income

58,903

50,001

50,000

3,771

53,000

45,322

3,182

9,905

9,623

9,300

730

44,050

9,300

8,920

545

2,600

9,101

600

48,998

43,700

36,402

40,378

40,700

2,636

3,040

34,948

2,000

09/2020

09/2021

09/2021

09/2020

09/2021

09/2021

09/2020

09/2021

09/2021

Actual

Actual

Plan

Actual

Actual

Plan

Actual

Actual

Plan

Water Treatment Engineering

Performance Products

4

Overview of FY ending 03/2022

Electronics

Production and investment continue to be brisk amidst the global supply

chain review and semiconductor shortage. Strong performance in Japan,

Industry

Taiwan, and China.

General

Despite a slowdown in large-scale investments, the Service Solutions

business was solid. Sales in the first half of the fiscal year were slightly higher

Industry

than the corresponding period of the previous fiscal year and the initial

forecast.

Power and

Steady growth, mainly in the Service Solutions business in Japan.

Water Supply

Performance

Sales of various water treatment chemicals for the electronics industry

were strong. Sales of standard water treatment equipment and filters also

Products

recovered, including desktop-type pure water systems for medical

Business

institutions. The Food Products business was essentially unchanged from

the corresponding period the previous fiscal year.

5

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ORGANO Corporation published this content on 16 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 November 2021 07:35:04 UTC.