NOTICE CONCERNING THE RECORDING OF NON-OPERATING

INCOME (FOREIGN EXCHANGE GAINS)

Nippon Chemiphar Co., Ltd. (4539)

July 29, 2022

Nippon Chemiphar Co., Ltd. today announced the recording of non-operating income in the first quarter fiscal year FY2022 (April 1, 2022, to June 30, 2022).

During the first quarter of the fiscal year ending March 31, 2023, the Company recorded foreign exchange gains of 348 million yen as non-operating income.

The exchange gains are primarily the result of foreign exchange valuation of assets and liabilities denominated in foreign currencies at the end of the first quarter ended June 30, 2022.

Those gains are reflected to "FY2022 First Quarter Business Summary" disclosed today.

For further information contact:

Public Relations Department, Nippon Chemiphar Co., Ltd. e-mail:ir@chemiphar.co.jp

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Nippon Chemiphar Co. 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 06:43:53 UTC.