Aichi : FY 2022 Annual Report (April 1, 2021 - March 31, 2022) was published.

AICHI CORPORATION

Audited Financial Statements

(English Translation)

March 31, 2022

AICHI CORPORATION

Consolidated Balance Sheet

As of March 31, 2022

In Thousands of Yen

Assets
Current assets:
Cash and deposits	¥	1,179,626
Deposits paid		36,897,023
Notes and accounts receivable - trade, and contract assets		18,608,241
Finished goods		896,832
Work in process		1,459,508
Raw materials and supplies		1,345,329
Other		758,981
Total current assets		61,145,543
Non-current assets:
Property, plant and equipment:
Buildings and structures		7,051,360
Machinery, equipment and vehicles		2,080,087
Tools, furniture and fixtures		192,491
Land		8,524,007
Construction in progress		1,369
Other		331,906
Total property, plant and equipment		18,181,222
Intangible assets		665,998
Investments and other assets:
Investment securities		7,311,005
Other		3,262,562
Allowance for doubtful accounts		(6,758)
Total investments and other assets		10,566,810
Total non-current assets		29,414,030
Total assets	¥	90,559,574

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Liabilities

Current liabilities:

Notes and accounts payable - trade Income taxes payable

Provision for bonuses for directors (and other officers) Provision for product warranties

Other

Total current liabilities

Non-current liabilities:

Deferred tax liabilities for land revaluation

Retirement benefit liability

Deferred tax liabilities

Other

Total non-current liabilities

Total liabilities

Net assets

Shareholders' equity:

Share capital

Capital surplus

Retained earnings

Treasury shares

Total shareholders' equity

Accumulated other comprehensive income:

Valuation difference on available-for-sale securities Revaluation reserve for land

Foreign currency translation adjustment Remeasurements of defined benefit plans

Total accumulated other comprehensive income Total net assets

Total liabilities and net assets

2

In Thousands of Yen

• 8,633,664
  717,737
  38,000
  228,271

2,749,936

12,367,609

616,302

489,292

704,782

337,835

2,148,213

14,515,822

10,425,325

9,923,342

52,416,619

(646,937)

72,118,350

4,085,430

(1,624,044)

758,735

705,280

3,925,401

76,043,752

• 90,559,574

AICHI CORPORATION

Consolidated Statement of Income

Fiscal Year from April 1, 2021 to March 31, 2022

In Thousands of Yen

Operating revenue:

Net sales

Operating costs and expenses: Cost of sales

Gross profit

Selling, general and administrative expenses Operating profit

Non-operating income:

Interest and dividend income

Share of profit of entities accounted for using equity method Foreign exchange gains

Other

Non-operating expenses:

Other

Ordinary profit

Extraordinary income:

Gain on sales of non-current assets

Gain on sales of investment securities

Insurance claim income

Extraordinary losses:

Loss on sales of non-current assets

Loss on retirement of non-current assets

Impairment loss

Profit before income taxes

Income taxes - current

Income taxes - deferred

Profit

Profit attributable to owners of parent

• 56,591,208
  43,980,901
  12,610,306
  5,748,748
  6,861,558

169,328

639,551

18,752

49,171

876,802

2,224

2,224

7,736,136

1,054

119,079

31,920

152,054

134

16,850

449

17,434

7,870,756

1,886,607

339,167

2,225,774

5,644,982

• 5,644,982

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AICHI CORPORATION

Consolidated Statement of Changes in Equity

Fiscal Year from April 1, 2021 to March 31, 2022

					(In	Thousands of Yen)
			Shareholders' equity
Items
Share	Capital	Retained		Treasury		Total
			shareholders'
	capital	surplus	earnings		Shares
			equity
Balance at beginning of period	10,425,325	9,923,342	50,386,498		(1,147,983)		69,587,182
Changes during period
Dividends of surplus			(2,444,671)				(2,444,671)
Profit attributable to owners of			5,644,982				5,644,982
parent
Purchase of treasury shares					(669,142)		(669,142)
Cancellation of treasury shares		(1,170,188)			1,170,188		－
Transfer from retained earnings		1,170,188	(1,170,188)				－
to capital surplus
Net changes of items other than
shareholders' equity
Total changes during period	－	－	2,030,121		501,046		2,531,168
Balance at end of period	10,425,325	9,923,342	52,416,619		(646,937)		72,118,350
		Accumulated other comprehensive income
Items
Valuation difference					Foreign currency
	Revaluation reserve for land		translation
	on available-for-sale securities
					adjustment
Balance at beginning of period		4,498,080			(1,624,044)		86,580
Changes during period
Dividends of surplus
Profit attributable to owners of
parent
Purchase of treasury shares
Cancellation of treasury shares
Transfer from retained earnings
to capital surplus
Net changes of items other than		(412,650)					672,154
shareholders' equity
Total changes during period		(412,650)			－		672,154
Balance at end of period		4,085,430			(1,624,044)		758,735
		Accumulated other comprehensive income
Items							Total net assets
Remeasurements of defined benefit plans	Total accumulated other comprehensive
	income
Balance at beginning of period		773,869			3,734,486		73,321,669
Changes during period
Dividends of surplus							(2,444,671)
Profit attributable to owners of							5,644,982
parent
Purchase of treasury shares							(669,142)
Cancellation of treasury shares							－
Transfer from retained earnings							－
to capital surplus
Net changes of items other than		(68,588)			190,915		190,915
shareholders' equity
Total changes during period		(68,588)			190,915		2,722,083
Balance at end of period		705,280			3,925,401		76,043,752

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