Sakata INX : Supplemental Information for the Consolidated Financial Results for the 1st Quarter ended March 31, 2021

S A K ATA I N X C O R P.

S u p p l e m e n t a l I n f o r m a t i o n

f o r t h e C o n s o l i d a t e d F i n a n c i a l R e s u l t s

f o r t h e 1 s t Q u a r t e r e n d e d

M a r c h 3 1 , 2 0 2 1

• F Y 2 0 2 1 1 s t Q u a r t e r ） May 14, 2021

The forecasts, etc. set out in this presentation are based on the assumptions and beliefs in light of the information currently available and determined to be reasonable. Actual results, etc. may differ materially due to change in a wide range of factors. All amounts are rounded down to nearest full unit.

FY2021 1st Quarter（Accumulated）

Consolidated Financial Results Highlights

※There is no change in the FY2021 (Forecast) from February 12, 2021 announcement.			(Unit : million yen)
	FY2020			FY2021		FY2021
	1Q			1Q			(Forecast)
							Increase/
					Increase/	Increase/	Decrease Rate
					excluding effects
	Amount		Amount	Decrease	Decrease Rate	of Foreign	Amount
					Amount	%	Currency
							Fluctuations
							%
Net sales	41,269		43,223	1,953	4.7	6.0	170,000
Operating income	1,908		2,772	863	45.3	48.3	8,000
Ordinary income	1,118		2,849	1,731	154.8	156.3	9,200
Net income attributable to	654		1,833	1,179	180.2	183.2	6,400
owners of parent
	¥108.92							¥105.00
Average rate (USD/YEN)		¥105.90
	FY2020			FY2021		FY2021
	1Q			1Q		(Forecast)
Operating income margin	4.6 ％			6.4 ％			4.7 %
Ordinary income margin	2.7 ％			6.6 ％			5.4 %
Net income attributable to
1.6 ％			4.2 ％			3.8 %
owners of parent margin
Earnings per share	¥11.21			¥31.39	¥109.53

Supplemental Information for the Consolidated Financial Results for the 1st Quarter ended March 31, 2021（FY2021 1st Quarter）

2

FY2021 1st Quarter（Accumulated）

Net sales & Operating income by Reportable Segment

(Unit : million yen)

				FY2020		FY2021
				1Q		1Q
							Increase/
							Decrease Rate
						Increase/	excluding
						effects of
				Amount	Amount	Decrease Rate
				Foreign
						％
						Currency
							Fluctuations
							％
		Printing inks and graphic arts	12,153	11,713	(3.6)	(3.6)
		materials (Japan)
		Printing inks (Asia)		7,873	8,832	12.2	13.6
Ｎ		Printing inks (Americas)		12,827	12,676	(1.2)	3.2
Ｅ
Ｔ		Printing inks (Europe)		2,752	3,876	40.9	35.6
Ｓ		Digital & Specialty products	3,111	3,346	7.5	7.2
Ａ
			38,717	40,445	4.5	5.8
Ｌ		Reportable Segment	Total
Ｅ
	Other businesses		4,516	5,066	12.2	12.2
Ｓ
		Adjustments		(1,964)	(2,288)	-	-
		Total		41,269	43,223	4.7	6.0
		Printing inks and graphic arts	277	398	43.3	43.3
Ｏ		materials (Japan)
Ｐ		Printing inks (Asia)		520	687	32.1	33.9
Ｅ
Ｔ:(Unit		Printing inks (Europe)		(78)	57	-	-
Ｒ		Printing inks (Americas)		784	988	26.0	32.5
Ａ
Ｉ
million		Digital & Specialty products	232	427	83.9	84.0
Ｎ
Ｇ		Reportable Segment	Total	1,737	2,558	47.3	50.6
Ｉ
Ｎyen		Other businesses		114	150	31.8	31.8
Ｃ
Ｏ		Adjustments		57	63	-	-
Ｍ
Ｅ		Total		1,908	2,772	45.3	48.3

※Segment Information for the year ended December, 2020 was restated due to a change of corporate expense allocation in 2021.

Supplemental Information for the Consolidated Financial Results for the 1st Quarter ended March 31, 2021（FY2021 1st Quarter）

3

FY2021 1st Quarter（Accumulated）

Net sales & Operating income Increase/Decrease Factor

Net sales Increase/Decrease Factor

(100 million yen)

	Digital &	Printing Ink	Others
Printing	Specialty	Sales Price	+ 5
Ink Volume	Products	＋ 2
+ 21	＋ 2		Graphic Arts		432
			Foreign
			Materials	Adjustments
			(2)	Currency
			(3)
412				(5)

+ 20

FY2020

FY2021

1Q

1Q

Operating income Increase/Decrease Factor

(100 million yen)

Digital &

Printing Ink

Printing

Sales Price

Specialty

Others

＋ 1.6

Ink Volume

Products

+ 0.4

Adjustments

+ 8.7

+ 2.0

27.7

+ 0.1

Printing Ink

Graphic

19.0

Cost

Arts

Foreign

(3.5)

Materials

Currency

(0.0) (0.6)

• 8.7

FY2020	FY2021
1Q	1Q

Supplemental Information for the Consolidated Financial Results for the 1st Quarter ended March 31, 2021（FY2021 1st Quarter）

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FY2021 1st Quarter Consolidated Financial Results Highlights

		(Unit : 100 million yen)
	As of	As of	Increase/
	December 31,	March 31,
	Decrease
	2020	2021
Current assets	776	829	52
Non-current assets	676	701	25
Total assets	1,452	1,530	77
Current liabilities	423	430	7
Non-currentliabilities	215	231	16
Total liabilities	638	662	23
Equity ※	763	813	49
Non-controlling interests	50	55	4
Total net assets	814	868	54
Total liabilities and
1,452	1,530	77
net assets
Closing rate (USD/YEN)	¥103.50	¥110.71

• Equity＝Total shareholders' equity＋

Total accumulated other comprehensive income

	As of	As of	Increase/
	December 31,	March 31,
	Decrease
	2020	2021
Net assets per share	¥1,307.13	¥1,392.04	¥84.91

Interest-bearing liabilities

				(Unit : 100 million yen)
End of December 2020	183
End of March 2021	181
Equity Ratio
End of December 2020	52.6 %
End of March 2021	53.1 %
			Interim Dividends		Year-end Dividends
¥30	¥30		¥30
¥15	¥15		¥15

¥15

¥15

¥15

FY2019FY2020FY2021 Plan

Supplemental Information for the Consolidated Financial Results for the 1st Quarter ended March 31, 2021（FY2021 1st Quarter）

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