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

Financial Results for the Third Quarter Ended December 31, 2021

January 28, 2022

SHIMA SEIKI MFG., LTD.

Stock listings: Tokyo Stock Exchange (1st section)

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 third quarter ended December 31, 2021 (April 1, 2021 - December 31, 2021)

(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

%

Nine months ended

22,506

41.4

-3,183

-2,317

-2,636

December 31, 2021

Nine months ended

15,914

-36.9

-6,555

-4,912

-5,070

December 31, 2020

(Notes) Comprehensive income

Nine months ended December 31, 2021: -1,831 million yen (%)

Nine months ended December 31, 2020: -6,628 million yen (%)

Net income

Diluted

net income

per share

per share

Yen

Yen

Nine months ended

-76.38

December 31, 2021

Nine months ended

-146.91

December 31, 2020

(2) Consolidated financial position

Total assets

Net assets

Equity ratio

Millions of yen

Millions of yen

%

As of December 31, 2021

101,840

87,688

86.1

As of March 31, 2021

110,140

90,036

81.7

(Reference) Shareholders' equity

As of December 31, 2021: 87,656 million yen

As of March 31, 2021: 89,996 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, 2021

10.00

10.00

20.00

Year ending March 31, 2022

5.00

Year ending March 31, 2022 (forecast)

5.00

10.00

(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, 2021 - March 31, 2022)

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

Full year

29,500

20.5

-5,600

-4,600

-5,000

-144.87

(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: Yes
    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 December 31, 2021:

35,800,000

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

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

As of December 31, 2021:

1,285,211

As of March 31, 2021: 1,288,541

  1. Average number of shares outstanding during the period Nine months ended December 31, 2021: 34,513,758 Nine months ended December 31, 2020: 34,511,636

* Quarterly summary of financial statements is not subject to the quarterly reviews by a certified public accountant or an audit corporation.

* Forward-looking statements

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 28 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 January 2022 06:25:33 UTC.