TOKYO KEIKI : Consolidated Financial Results for the Three Months Ended June 30, 2022 (Under Japanese GAAP)

Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

August 12,2022

Consolidated Financial Results

for the Three Months Ended June 30, 2022

(Under Japanese GAAP)

Company name:	TOKYO KEIKI INC.
Listing:	Tokyo Stock Exchange
Securities code:	7721
URL:	https://www.tokyokeiki.jp/
Representative:	Tsuyoshi ANDO, Representative Director, President & CEO (Chief Executive Officer)
Inquiries:	Motoo UENOYAMA, Director & Executive Officer, Chief of Finance & Accounting Dept.
Telephone:	[phone]

Scheduled date to file quarterly securities report:	August 12, 2022
Scheduled date to commence dividend payments:	－
Preparation of supplementary material on quarterly financial results: Yes
Holding of financial results briefing:	None

(Yen amounts are rounded off to millions, unless otherwise noted.)

1. Consolidated financial results for the three months ended June 30, 2022 (from April 1, 2022 to June 30, 2022)

(1) Consolidated operating results (cumulative)

(Percentages indicate year-on-year changes.)

Net sales

Operating profit

Ordinary profit

Profit attributable to

owners of parent

Three months ended

Millions of yen

%

Millions of yen

%

Millions of yen

%

Millions of yen

%

June 30, 2022

8,924

11.2

△533

－

△372

－

△242

－

June 30, 2021

8,028

△6.9

△517

－

△404

－

△250

－

Note: Comprehensive income

For the Three months ended June 30, 2022:

¥△323 million

[－%]

For the Three months ended June 30, 2021:

¥△166 million

[－%]

Basic earnings

Diluted earnings

per share

per share

Three months ended

Yen

Yen

June 30, 2022

△14.73

－

June 30, 2021

△15.22

－

(2) Consolidated financial position

Total assets

Net assets

Equity-to-asset ratio

Net assets per share

As of

Millions of yen

Millions of yen

%

Yen

June

30, 2022

54,419

32,537

59.0

1,957.06

March 31, 2022

56,018

33,348

58.7

2,005.00

Reference:

Equity

As of

June

30, 2022:

¥32,102 million

As of

March 31, 2022:

¥32,888 million

2. Cash dividends

		Annual dividends per share
	First quarter-end	Second quarter-end		Third quarter-end		Fiscal		Total
			year-end
	Yen	Yen		Yen		Yen		Yen
Fiscal year ended	－	－		－		30.00	30.00
March 31, 2022
Fiscal year ending	－
March 31, 2023
Fiscal year ending
March 31, 2023		－		－		30.00	30.00
(Forecast)

Note: Revisions to the forecast of cash dividends most recently announced: None

3. Consolidated financial results forecasts for the fiscal year ending March 31, 2023 (from April 1, 2022 to March 31, 2023)

(Percentages indicate year-on-year changes.)

			Net sales		Operating profit	Ordinary profit		Profit attributable to	Net income
					owners of parent	per share
			Millions of yen		%	Millions of yen	%	Millions of yen		%	Millions of yen	%	Yen
	Full year	45,400		9.4	1,850	13.2	2,100		9.0	1,550	3.8	94.49
Note:	Revisions to the forecast of financial results most recently announced: None

* Notes

1. Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in the change in scope of consolidation):None
2. Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: Yes
3. Changes in accounting policies, changes in accounting estimates, and restatement
4. 1. Changes in accounting policies due to revisions to accounting standards and other regulations: None
   2. Changes in accounting policies due to other reasons: None
   3. Changes in accounting estimates: None
   4. Restatement: None

(3) Number of issued shares (common shares)

1. Total number of issued shares at the end of the period (including treasury shares)

As of	June 30, 2022	17,076,439 shares
As of	March 31, 2022	17,076,439 shares

(ii) Number of treasury shares at the end of the period

As of	June 30, 2022	673,432 shares
As of	March 31, 2022	673,381 shares

(iii) Average number of shares outstanding during the period

Three months ended	June 30, 2022	16,403,041 shares
Three months ended	June 30, 2021	16,389,298 shares

• Quarterly financial results reports are exempt from quarterly review conducted by certified public accountants or an audit corporation.
• Proper use of earnings forecasts, and other special matters

(Caution regarding forward-looking statements and others)

The forecasts given in this document are based on the current information available to TOKYO KEIKI INC. (hereafter "the Company"). Consequently, the Company does not commit to achieve these forecasting numbers. Actual results may differ from these forecasts due to various factors.

(Means of access to supplementary material on financial results)

The materials such as the financial results briefing statements are posted on the Company's website.