Note:This document is a translation of a part of the original Japanese version and provided for reference purposes only. In the event of any discrepancy
between the Japanese original and this English translation, the Japanese original shall prevail.

Consolidated Financial Results
for the Three Months Ended June 30, 2022
[Japanese GAAP]
July 29, 2022
Company name: SHIBAURA MACHINE CO., LTD.
Stock exchange listing: Tokyo
Code number: 6104
URL: https://www.shibaura-machine.co.jp
Representative: Shigetomo Sakamoto
Contact: Minoru Aoki

President and Chief Operating Officer
Public Relations & Investor Relations Department Senior
ManagerPhone: 03（3509）0444
Scheduled date of filing quarterly securities report: August 04, 2022
Scheduled date of commencing dividend payments: Availability of supplementary briefing material on quarterly financial results: Yes
Schedule of quarterly financial results briefing session: No(Amounts of less than one million yen are rounded down)
1. Consolidated Financial Results for the Three Months Ended June 30, 2022 (April 01, 2022 to June 30, 2022)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Profit attributable toNet sales
Operating profit
Ordinary profit
owners of parent
Million yen%
Million yen%
Million yen%
Million yen%Three months ended
June 30, 2022
26,4843.5422(0.2)
868
122.4
20
June 30, 2021
25,598
26.4
422
967.8
390(102)(Note) Comprehensive income:Three months ended June 30, 2022:¥1,345 million [688.8%]
Three months ended June 30, 2021:¥170 million [-%]
Basic earnings
per share
Three months ended
June 30, 2022
June 30, 2021

Diluted earnings pershare
YenYen0.84(4.23)-(2) Consolidated Financial Position
Total assets
As ofJune 30, 2022
March 31, 2022
(Reference) Equity:

Net assets

Million yen

174,078
166,989
As of June 30, 2022:
As of March 31, 2022:

Capital adequacy ratio

Million yen¥¥

83,95583,51583,955 million
83,515 million

%

48.2
50.0

2. Dividends
Annual dividends
1stquarter-end

2ndquarter-end

3rdquarter-end

Yen

Yen

Yen

Yen

Yen

Fiscal year ended March 31, 2022

-

37.50

-

37.50

75.00

Fiscal year ending March 31, 2023

-

37.50

75.00

Fiscal year ending March 31, 2023

37.50(Forecast)(Note) Revision to the forecast for dividends announced most recently:
No(Note) Breakdown of the 1st quarter dividend for the fiscal year ending March 31, 2023 :Commemorative dividend- yenSpecial dividend- yenYear-endTotal

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2023(April 01, 2022 to March 31, 2023)(% indicates changes from the previous corresponding period.)
Profit attributable to Basic earnings perNet sales
Operating profit
Ordinary profit
owners of parentshare
Million yen% Million yen% Million yen

Six months ended
58,0008.0800(66.4)
September 30, 2022
Full year
120,000
11.3
6,000
41.6
(Note) Revision to the financial results forecast announced most recently:% Million yen

Yen

1,500

(36.2)

800(55.4)

33.12

5,400
Yes

18.8

4,200

12.7

173.88* Notes:(1) Changes in significant subsidiaries during the three months ended June 30, 2022
(changes in specified subsidiaries resulting in changes in scope of consolidation):
New(Company name:
Exclusion:(Company name:No(2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements:(3) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards: No
2) Changes in accounting policies other than 1) above: No
3) Changes in accounting estimates: No4) Retrospective restatement: No(4) Total number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury shares):
June 30, 2022:
29,977,106 shares
March 31, 2022:
29,977,106 shares2) Total number of treasury shares at the end of the period:
June 30, 2022:
5,822,725 shares
March 31, 2022:
5,822,705 shares
3) Average number of shares during the period:
Three months ended June 30, 2022:
Three months ended June 30, 2021:%

24,154,386 shares
24,145,666 shares))
NoQuarterly Consolidated Financial Statements
Quarterly Consolidated Balance Sheets(Million yen)
As of March 31,2022
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade, and contract
assetsMerchandise and finished goods
Work in process
Raw materials and supplies
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation and impairment
Buildings and structures, net
Machinery, equipment and vehicles
Accumulated depreciation and impairment
Machinery, equipment and vehicles, net
Land
Leased assets
Accumulated depreciation and impairment
Leased assets, net
Construction in progress
Other
Accumulated depreciation and impairment
Other, net
Total property, plant and equipment
Intangible assets
Other
Total intangible assets
Investments and other assets
Investment securities
Long-term loans receivable
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

As of June 30,2022

51,71053,267

23,613

22,88723,00028,541
65
7,566
(37)
134,461

24,25034,314
47
7,208
(37)
141,937

37,040(27,459)
9,581
23,463(20,584)
2,878
7,142
469
(244)
224
842
7,084
(6,607)477
21,14637,651(27,769)
9,882
24,021(20,767)
3,254
7,216
491(287)
204
66
7,261
(6,733)527
21,151

843
843

793
793

8,686
5565
2,718
(1,436)
10,53832,528
166,989

8,439
4
604
2,591
(1,444)
10,19532,141
174,078(Million yen)
As of March 31,2022
Liabilities
Current liabilities
Notes and accounts payable - trade
Short-term borrowings
Income taxes payable
Accrued expenses
Provision for bonuses
Provision for product warranties
Contract liabilities
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Long-term accounts payable - other
Deferred tax liabilities
Provision for retirement benefits for directors (andother officers)
Retirement benefit liability
Asset retirement obligations
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-salesecurities
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Total net assets
Total liabilities and net assets

As of June 30,2022

23,72910,917465
2,2481,894
618
28,887
2,003
70,76625,98814,373
301
2,453
972
733
32,6882,788
80,299

3,300
5
440

5
838

63

67

8,354
384
158
12,707
83,474

8,373
384
153
9,824
90,123

12,484
11,53868,374(16,322)76,075

12,484
11,53867,489(16,322)75,189

4,350

4,179

3,348
(259)
7,440
83,515
166,989

4,822
(235)
8,765
83,955174,078

Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statements of Income (For the three months)(Million yen)
For the three months
ended June 30,2021
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Rental income
Foreign exchange gains
Subsidies for employment adjustment
OtherTotal non-operating income
Non-operating expenses
Interest expenses
Outsourcing expenses
Foreign exchange losses
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Total extraordinary income
Extraordinary losses
Loss on disposal of non-current assets
Loss on valuation of investments in capital ofsubsidiaries and associates
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
Profit (loss)
Profit (loss) attributable to owners of parent

For the three months
ended June 30,2022

25,59818,824
6,773
6,350
422

26,484
18,275
8,208
7,786
422

18
110
11
100
46
288

19
128
19
392
58
617

32
42
19
226
320
390

41
26
103
170
868

9
90
0

110-

175

11
388
113
377
491
(102)
(102)

175
693
209
463
673
2020

Quarterly Consolidated Statements of Comprehensive Income (For the three months)(Million yen)
For the three months
ended June 30,2021
Profit (loss)
Other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners ofparent
Comprehensive income attributable to non-controllinginterests

For the three months
ended June 30,2022
(102)

20247
(22)
48272
170

(171)
1,473
23
1,325
1,345

170

1,345--