Teijin : (Correction / Correction of Numerical Data) Notice of Partial Correction of“Consolidated Financial Results for the FY2021 (Ended March 31, 2022)”

June 13, 2022

To whom it may concern

Company: Teijin Limited

Representative: Akimoto Uchikawa, President and CEO Stock code: 3401 (Prime Market, Tokyo Stock Exchange)

Contact: Tomoya Yoshitomi, General Manager, Investor Relations Department TEL: [phone]

(Correction / Correction of Numerical Data) Notice of Partial Correction of

"Consolidated Financial Results (Japanese Accounting Standards) for the FY2021

(Ended March 31, 2022)"

Teijin Limited (hereinafter, the "Company") hereby announces that there were matters that should have been partially corrected in the "Consolidated Financial Results (Japanese Accounting Standards) for the FY2021 (Ended March 31, 2022)" published on May 1 2, 2022. Please note that the corrected portions are underlined.

1. Reason for the correction

The Company has made partial corrections in the content of the "Summary of Consolidated Financial Results (Japanese Accounting Standards) for the FY2021 (Ended March 31, 2022)" since there were some errors identified after its disclosure.

2. Details of corrections (Corrections are underlined.)

(Summary Information Page 2)

Reference: Individual results of FY2021 (April 1, 2021 through March 31, 2022)

(Before Correction)

(1) Individual financial results						(Percentages are year-on-year changes)
		Net sales		Operating income		Ordinary income		Net income
		Million yen	％	Million yen	％	Million yen	％	Million yen	％
FY2021		139,388	26.7	10,483		―	27,662	62.8	36,138	―
FY2020		110,027	-11.6	(2,203)		―	16,987	-47.4	(14,669)	―
		E.P.S.		Diluted E.P.S.
		Yen		Yen
FY2021		188.16		187.77
FY2020		(76.42)		―

(After Correction)

(1) Individual financial results						(Percentages are year-on-year changes)
		Net sales		Operating income		Ordinary income		Net income
		Million yen	％	Million yen	％	Million yen	％	Million yen	％
FY2021		139,388	26.7	10,483		―	27,662	62.8	36,138	―
FY2020		110,027	-11.6	(2,203)		―	16,987	-47.4	(14,669)	―
		E.P.S.		Diluted E.P.S.
		Yen		Yen
FY2021		188.16		180.59
FY2020		(76.42)		―

(Page 18)

Segment Information, etc.

(1) Segment Information

(Before Correction)

3) Segment income (loss), segment assets and other items for reportable segments

FY2020 results (Apr. 2020 - Mar. 2021)

							(Million yen)
		Reportable operating segments
	Materials	Healthcare	Fibers &	IT	Subtotal	Others1	Total
	Products
			Converting
Sales
1) External customers	296,976	148,674	314,913	58,112	818,674	17,837	836,512
2) Intersegment transactions or transfers	9,785	13	3,497	6,416	19,712	3,242	22,954
Net sales	306,761	148,687	318,410	64,528	838,386	21,080	859,466
Segment income(loss)	953	31,510	17,503	10,402	60,368	(215)	60,153
Segment asset	466,833	125,647	189,221	57,750	839,451	70,676	910,128
Other items
Depreciation2	26,198	12,015	6,329	897	45,439	932	46,371
Amortization of goodwill	4,382	155	52	－	4,588	－	4,588
Investments in associates accounted for using	1,760	1,663	5,186	6,613	15,223	18,660	33,883
equity method
Increase in tangible and intangible fixed assets 2	43,478	13,313	4,285	730	61,806	7,957	69,763

(Notes)

1. "Others," which includes the regenerative medicine business and the Engineering business, does not qualify as a reportable operating segment.
2. Depreciation and Increase in tangible and intangible fixed assets included long -term prepaid expenses and their amortization.

(After Correction)

3) Segment income (loss), segment assets and other items for reportable segments

FY2020 results (Apr. 2020 - Mar. 2021)

							(Million yen)
		Reportable operating segments
	Materials	Healthcare	Fibers &	IT	Subtotal	Others1	Total
	Products
			Converting
Sales
1) External customers	296,976	148,674	314,913	58,112	818,674	17,837	836,512
2) Intersegment transactions or transfers	9,785	13	3,497	6,416	19,712	3,242	22,954
Net sales	306,761	148,687	318,410	64,528	838,386	21,080	859,466
Segment income(loss)	953	31,510	17,503	10,402	60,368	(215)	60,153
Segment asset	466,833	125,647	189,221	57,750	839,451	70,676	910,128
Other items
Depreciation2	26,198	12,015	6,329	897	45,439	932	46,371
Amortization of goodwill	4,382	155	52	－	4,588	－	4,588
Investments in associates accounted for using	1,760	1,663	5,186	6,613	15,223	18,660	33,883
equity method
Increase in tangible and intangible fixed assets 2	40,448	13,313	4,285	730	58,776	831	59,607

(Notes)

1. "Others," which includes the regenerative medicine business and the Engineering business, does not qualify as a reportable operating segment.
2. Depreciation and Increase in tangible and intangible fixed assets included long -term prepaid expenses and their amortization.

(Page 19-20)

Segment Information, etc.

(1) Segment Information

(Before Correction)

1. Reconcilisation of published figures and aggregates of reportable operating segments

		(Millions of yen)
Net sales	FY2020	FY2021
Reportable operating segments	838,386	926,462
Others segment	21,080	24,855
Elimination of intersegment transactions	(22,954)	(25,263)
Net sales	836,512	926,054
		(Millions of yen)
Operating income	FY2020	FY2021
Reportable operating segments	60,368	52,792
Others segment (Loss)	(215)	(2,147)
Elimination of intersegment transactions	414	(354)
Corporate expenses*	(5,636)	(6,082)
Operating income	54,931	44,208

(Notes)

Corporate expenses are expenses that cannot be allocated to individual reportable operating segments and are primarily relate d to head office administration.

		(Millions of yen)
Assets	FY2020	FY2021
Reportable operating segments	839,451	1,055,886
Others segment	70,676	75,834
Corporate assets not allocated to segments*	196,175	144,443
Other	(65,172)	(68,580)
Total assets	1,041,131	1,207,583

(Notes)

Corporate assets are assets that cannot be allocated to individual reportable operating segments and are primarily related to investments of the parent company in "Cash and time deposits" and "Investments in securities" etc.

(Millions of yen)

	Total for reportable	Others	Adjustment	Consolidated total
	operating segments
Other items
FY2020	FY2021	FY2020	FY2021	FY2020	FY2021	FY2020	FY2021
Depreciation	45,439	61,808	932	1,460	881	909	47,252	64,178
Amortization of goodwill	4,588	3,824	－	814	－	－	4,588	4,638
Investments in associates	15,223	16,985	18,660	22,016	－	－	33,883	39,001
accounted for using equity method
Increase in tangible fixed assets	61,806	198,665	7,957	1,039	712	1,096	70,475	200,801
and intangible fixed assets

(After Correction)

1. Reconcilisation of published figures and aggregates of reportable operating segments

		(Millions of yen)
Net sales	FY2020	FY2021
Reportable operating segments	838,386	926,462
Others segment	21,080	24,855
Elimination of intersegment transactions	(22,954)	(25,263)
Net sales	836,512	926,054
		(Millions of yen)
Operating income	FY2020	FY2021
Reportable operating segments	60,368	52,792
Others segment (Loss)	(215)	(2,147)
Elimination of intersegment transactions	414	(354)
Corporate expenses*	(5,636)	(6,082)
Operating income	54,931	44,208

(Notes)

Corporate expenses are expenses that cannot be allocated to individual reportable operating segments and are primarily relate d to head office administration.

		(Millions of yen)
Assets	FY2020	FY2021
Reportable operating segments	839,451	1,055,886
Others segment	70,676	75,834
Corporate assets not allocated to segments*	196,175	144,443
Other	(65,172)	(68,580)
Total assets	1,041,131	1,207,583

(Notes)

Corporate assets are assets that cannot be allocated to individual reportable operating segments and are primarily related to investments of the parent company in "Cash and time deposits" and "Investments in securities" etc.

(Millions of yen)

	Total for reportable	Others	Adjustment	Consolidated total
	operating segments
Other items
FY2020	FY2021	FY2020	FY2021	FY2020	FY2021	FY2020	FY2021
Depreciation	45,439	61,808	932	1,460	881	909	47,252	64,178
Amortization of goodwill	4,588	3,824	－	814	－	－	4,588	4,638
Investments in associates	15,223	16,985	18,660	22,016	－	－	33,883	39,001
accounted for using equity method
Increase in tangible fixed assets	58,776	198,665	831	1,039	712	1,096	60,319	200,801
and intangible fixed assets