English translation from the original Japanese- language document, "KESSAN TANSHIN" (Summary for reference only)

Financial Results for the First Quarter Ended June 30, 2022

July 29, 2022

SHIMA SEIKI MFG., LTD.

Stock listings: Tokyo Stock Exchange (Prime)

Code number: 6222

URL: https://www.shimaseiki.co.jp/

Representative: Mitsuhiro Shima, President

(Amounts less than one million yen are omitted)

1. Consolidated financial results for the first quarter ended June 30, 2022

(April 1, 2022 - June 30, 2022)

(1) Consolidated operating results (cumulative)

(%: change from the same period of previous year)

Net sales

Operating

Ordinary

Net income

income

income

attributable to owners

of the parent

Millions of yen

%

Millions of yen

%

Millions of yen

%

Millions of yen

%

Three months ended

9,252

14.5

-762

-516

-686

June 30, 2022

Three months ended

8,081

63.1

-644

-154

-271

June 30, 2021

(Notes) Comprehensive income

Three months ended June 30, 2022: 2,739 million yen (%)

Three months ended June 30, 2021: -296 million yen (%)

Net income

Diluted

net income

per share

per share

Yen

Yen

Three months ended

-19.88

June 30, 2022

Three months ended

-7.85

June 30, 2021

(2) Consolidated financial position

Total assets

Net assets

Equity ratio

Millions of yen

Millions of yen

%

As of June 30, 2022

105,112

91,363

86.9

As of March 31, 2022

101,809

88,795

87.2

(Reference) Shareholders' equity

As of June 30, 2022: 91,328 million yen

As of March 31, 2022: 88,761 million yen

2. Dividends

Cash dividends per share

1st quarter

2nd quarter

3rd quarter

Year-end

Annual

Yen

Yen

Yen

Yen

Yen

Year ended March 31, 2022

5.00

5.00

10.00

Year ending March 31, 2023

Year ending March 31, 2023 (forecast)

5.00

10.00

15.00

(Notes) Changes from the latest dividend forecast: None

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3. Forecast of consolidated financial results for the year ending March 31, 2022 (April 1, 2022 - March 31, 2023)

Net sales

Operating

Ordinary

Net income

Net income

attributable to owners

income

income

of the parent

per share

Millions of yen

%

Millions of yen

%

Millions of yen

%

Millions of yen

%

Yen

First half

21,500

35.9

100

300

100

2.90

Full year

47,000

51.6

1,000

1,600

1,200

34.77

(Notes) Changes from the latest consolidated results forecast: None

* Notes

  1. Changes in significant subsidiaries during the period: None
  2. Adoption of specific accounting methods: Yes
  3. Changes in accounting policies and accounting estimates and restatement
    1. Changes in accounting policies due to amendment of accounting standards: None
    2. Changes in accounting policies other than those above: None
    3. Changes in accounting estimates: None
    4. Restatement: None
  4. Number of outstanding shares (common stock)
    1. Number of shares outstanding at the end of the period (including treasury stock)

As of June 30, 2022: 35,800,000

As of March 31, 2021: 35,800,000

2) Number of treasury stock at the end of the period

As of June 30, 2022: 1,285,441

As of March 31, 2021: 1,285,281

    1. Average number of shares outstanding during the period Three months ended June 30, 2022: 34,514,670 Three months ended June 30, 2021: 34,511,434
  • Quarterly summary of financial statements is not subject to the quarterly reviews by a certified public accountant or an audit corporation.
  • Forward-lookingstatements

Statements contained in this summary regarding the Company's plans, strategies, and expectations for future performance, which are based on information available to the Company at the time of writing. They are therefore subject to a number of uncertainties and unknowable factors, and actual results may thus differ substantially from those projected.

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Shima Seiki Mfg Ltd. published this content on 29 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2022 06:23:03 UTC.