Notice: This document is an excerpted translation of the original Japanese announcement and is only for reference purposes. In the event ofany discrepancy between this translation and the Japanese original, the latter shall prevail.

August 12, 2022

Consolidated Financial Results
for the Fiscal Year Ended June 30, 2022
(Under Japanese GAAP)
Company Name:
Shibuya Corporation
Stock Exchange Listing:Tokyo and Nagoya
Stock Code:6340
URL: https://www.shibuya.co.jp
Representative:
Hidetoshi Shibuya, President and CEO
Contact:
Yoshiaki Yoshimichi, Managing Director
TEL: 076-262-1201
Scheduled date of ordinary general meeting of shareholders:
September 28, 2022
Scheduled date of the filing of securities report:
September 29, 2022
Scheduled date of the start of year-end dividend payment:
September 29, 2022
Availability of supplementary material on financial results:
None
Annual IR meeting (for institutional investors and analysts):
Not scheduled(Amounts less than one million yen are rounded down)

1. Consolidated Financial Results for the Fiscal Year Ended June 30, 2022 (from July 1, 2021 to June 30, 2022)(1) Consolidated Operating Results(Percentages indicate year-on-year changes)
Net sales

Profit attributable toowners of parent

Ordinary profit

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

96,223△7.4

13,402

5.5

13,701

5.8

9,262

4.9

103,965

0.3

12,70035.6

12,952

35.5

8,826

36.4

Fiscal year ended June 30, 2022
Fiscal year ended June 30, 2021
(Note) Comprehensive income

Operating profit

Fiscal year ended June 30, 2022:

10,272 Million Yen (3.6%)

Fiscal year ended June 30, 2021:

9,917 Million Yen (52.9%)

Diluted profit
per share

Profit per share

Ordinary profit tototal assets ratio

Return on equity

Operating profit to
net sales ratio

Yen

Yen%%%

Fiscal year ended June 30, 2022

334.79

-

11.4

10.2

13.9

Fiscal year ended June 30, 2021

319.02

-

12.1

10.0

12.2

(2) Consolidated Financial Position
Total assets

Net assets

Equity ratio

Net assets per share

Millions of yen

Millions of yen%

Yen

As of June 30, 2022

136,981

85,42562.4

3,087.39

As of June 30, 2021

132,448

76,94158.1

2,779.98(Reference) Equity

As of June 30, 2022:

85,419 Million Yen

As of June 30, 2021:

76,914 Million Yen(3) Consolidated Cash Flows
Cash flows fromoperating activities

Cash flows frominvesting activities

Cash flows fromfinancing activities

Cash and cash equivalents
at end of period

Millions of yen

Millions of yen

Millions of yen

Millions of yen

Fiscal year ended June 30, 2022

12,798△3,565△3,09941,792

Fiscal year ended June 30, 2021

14,319△2,605△3,03235,292

2. Dividends
1stquarter-end

Annual dividends per share
2nd
3rd
Fiscalquarter-end quarter-end
year-end

Total

Total cash
dividends(Total)Dividend
Ratio of dividends
payout ratio
to net assets(Consolidated)(Consolidated)

Yen

YenYenYen

YenMillions of yen%%

Fiscal year ended June 30, 2021

-

30.00

-

40.00

70.00

1,936

21.9

2.7

Fiscal year ended June 30, 2022

-

30.00

-

40.00

70.00

1,936

20.9

2.4

Fiscal year ending June 30,2023 (Forecast)

-

30.00

-

40.00

70.00

(Note) Breakdown of year-end dividend for the fiscal year ended June 2021
Ordinary dividend: 30.00 Yen
Commemorative dividend: 10.00 Yen (90th anniversary of the foundation)30.3

3. Consolidated Financial Forecast for the Year Ending June 30, 2023 (from July 1, 2022 to June 30, 2023)
Net Sales

Operating profit(Percentages indicate year-on-year changes)
Profit attributable toEarnings
owners of parent
per share

Ordinary profit

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

Yen

102,000

6.0

8,800

△34.3

9,000

△34.3

6,400

△30.9231.32

Entire year

*Notes(1) Significant changes in subsidiaries during the period(Changes in specified subsidiaries resulting in the change in scope of consolidation): Yes
Newly Added: None
Excluded: 1 (Shibuya Machinery Co., Ltd.)
Shibuya Machinery Co., Ltd., which was a specified and wholly owned subsidiary of the Company, was excluded from the scope ofconsolidation during the period due to the absorption-type merger by the Company.
(2) Changes in accounting policies, changes in accounting estimates, and retrospective financial restatement
1. Changes in accounting policies due to revisions to accounting standards and other regulations: Yes
2. Changes in accounting policies due to other reasons: None
3. Changes in accounting estimates: None
4. Retrospective Financial 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
28,149,877 shares As of June 30, 2021
2. Number of treasury shares at the end of the period
As of June 30, 2022
482,691 shares As of June 30, 2021
3. Average number of shares during the period
Fiscal year ended June 30, 2022
27,667,290 shares Fiscal year ended June 30, 2021

28,149,877 shares
482,443 shares
27,667,511 shares(Reference)Overview of Non-Consolidated Financial Results for the Fiscal Year Ended June 30, 2022 (from July 1, 2021 to June 30, 2022)(1) Non-Consolidated Operating Results(Percentages indicate year-on-year changes)
Net sales

Operating profit

Ordinary profit

ProfitMillions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

Fiscal year ended June 30, 2022

63,887

△7.8

8,435

5.9

9,587

1.6

9,451

44.7

Fiscal year ended June 30, 2021

69,272

△5.4

7,962

29.7

9,433

25.5

6,531

17.8

Profit per share

Diluted profit per shareYenYen

Fiscal year ended June 30, 2022

341.60-Fiscal year ended June 30, 2021

236.09-(2) Non-Consolidated Financial Position
Total assets

Net assets

Equity Ratio

Net assets per share

Millions of yen

Millions of yen%

Yen

As of June 30, 2022

111,044

73,08065.8

2,641.41

As of June 30, 2021

103,923

65,00262.5

2,349.42(Reference) Equity

As of June 30, 2022:

73,080 Million Yen

As of June 30, 2021:

65,002 Million Yen* This financial results report is not subject to an audit procedures by a certificated public accountant or an audit firm.
* Explanation for appropriate use of financial forecasts:(Cautionary note on forward looking statements)
The forecasts on future business results released herein are based on available information and on certain assumptions deemed to bereasonable at the time of the announcement. Actual results may differ from these forecasts due to various reasons.

Shibuya Corporation
Consolidated Balance Sheets(Millions of yen)
As of June 30, 2021
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Notes receivable - trade
Electronically recorded monetary claims operatingAccounts receivable - trade
Contract assets
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, net
Machinery, equipment and vehicles, net
LandConstruction in progress
Other, net
Total property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Investment securities
Retirement benefit asset
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets- 1 -As of June 30, 2022

35,55030,846－42,080
－
3,227

7,252

7,674－－
379
10,0552,834
2,025△488,938

13,466
9,906
599
9,114
3,492
3,173
△5
92,731

17,944
2,393
12,7751,769
1,185
36,06917,145
1,909
12,757
3,981
1,354
37,148

78
424
503

0449
449

2,093
2,946
1,179
749
△30
6,937
43,510132,448

2,206
2,732
1,238
504
△30
6,651
44,250136,981(Millions of yen)
As of June 30, 2021
Liabilities
Current liabilities
Notes and accounts payable - trade
Electronically recorded obligations - operating
Short-term borrowings
Income taxes payable
Accrued expenses
Advances received
Contract liabilities
Provision for bonuses
Provision for loss on orders received
Provision for product warranties
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Retirement benefit liability
Provision for retirement benefits for directors (andother officers)
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-salesecurities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets- 2 -As of June 30, 2022

23,887
2,755
1,107
2,605
6,121
6,580
－
418
76
68
2,098
45,71920,333
2,959
900
2,337
5,444－
8,600
431
55
65
1,714
42,842

2,5336,607

1,632
6,472

339

409

162
144
9,787
55,507

79
119
8,713
51,555

11,392
10,35855,937△439
77,248

11,392
10,35063,459△440
84,76274502

042△450△333
2776,941
132,448－647△493
657
685,425
136,981

Shibuya Corporation
Consolidated Statement of Income(Millions of yen)
Fiscal year 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
Gain on sale of investment securities
Foreign exchange gains
Gain on sale of scraps
Other
Total non-operating income
Non-operating expenses
Interest expenses
Loss on sale of investment securities
Taxes and dues
Loss on cancellation of insurance policies
Depreciation
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Gain on sale of investment securities
Subsidy income
Total extraordinary income
Extraordinary losses
Loss on disposal of non-current assets
Loss on valuation of investment securities
Impairment losses
Other
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent- 3 -Fiscal year ended
June 30, 2022

103,965
81,09822,866
10,165
12,70096,22372,59923,624
10,222
13,402

4
59
130－
26
144
365

154－
78
63
140
338

28
68
5－
46
113
12,952

19－
3
8
4
4
39
13,701

20
7
100
20－
21

5425－
3433
12,528
3,888
△195
3,692
8,836
98,826

12178
152
2347
13,375
4,271
△176
4,094
9,281
18
9,262

Shibuya Corporation
Consolidated Statement of Comprehensive Income(Millions of yen)
Fiscal year ended
June 30, 2021
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
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- 4 -Fiscal year ended
June 30, 2022
8,836

9,281

487
079
513
1,081
9,917

428
△0606
△43991
10,272

9,908

10,253919Shibuya Corporation
Consolidated Statement of Changes in Equity(Millions of yen)
Shareholders' equity
Share capital
Balance at July 1,2020

Capital surplus

11,392Retained earnings

10,357

Total shareholders'equityTreasury shares△438

48,77070,082

Changes during period
Dividends of surplus
Profit attributable to ownersof parent△1,660△1,660

8,826

8,826

Purchase of treasury shares
Disposal of treasury shares

0

Purchase of shares ofconsolidated subsidiaries

△0△0

△000
△0Net changes in items otherthan shareholders' equity
Total changes during period
Balance at June 30,2021－

07,166△07,166

11,392

10,35855,937△439

77,248

Accumulated other comprehensive income
Total
Non-controlling
Valuation
Total net assets
Foreign currency Remeasurements accumulated
interests
difference on Deferred gains ortranslationof defined benefit
otheravailable-for- losses on hedges
adjustment
planscomprehensive
sale securities
incomeBalance at July 1,2020△413－△37△963△1,414

1768,684

Changes during period△1,660

Dividends of surplusProfit attributable to ownersof parent

8,826

Purchase of treasury shares△0

Disposal of treasury shares

0

Purchase of shares ofconsolidated subsidiaries△0Net changes in items otherthan shareholders' equity

487

080513

1,081

91,090Total changes during period

487

080

513

1,081

98,256

Balance at June 30,2021

74042△450△333

2776,941- 5 -Shibuya Corporation
Consolidated Statement of Changes in Equity(Millions of yen)
Shareholders' equity
Share capital
Balance at July 1,2021

Capital surplus

11,392Retained earnings

10,358△43955,937

Cumulative effects ofchanges in accounting
policies

Total shareholders'equityTreasury shares

77,248196

Restated balance

11,392

10,358196△439

56,13377,444

Changes during period
Dividends of surplus
Profit attributable to ownersof parent△1,936△1,936

9,262

9,262
△0

Purchase of treasury shares
Purchase of shares ofconsolidated subsidiaries△0△7△7

Net changes in items otherthan shareholders' equity
Total changes during period
Balance at June 30,2022－△77,325△07,317

11,392

10,35063,459△44084,762Accumulated other comprehensive income
TotalNon-controlling
Valuation
Total net assets
Foreign currency Remeasurements accumulated
interests
difference on Deferred gains ortranslationof defined benefit
otheravailable-for- losses on hedges
adjustment
planscomprehensive
sale securities
incomeBalance at July 1,2021

74042

△450

△333

27

Cumulative effects ofchanges in accounting
policies
Restated balance

76,941
196

74042

△450

△333

2777,137

Changes during period△1,936

Dividends of surplus
Profit attributable to ownersof parent9,262

Purchase of treasury shares△0Purchase of shares ofconsolidated subsidiaries△7Net changes in items otherthan shareholders' equity

428

△0605

△43990△20970Total changes during period

428

△0605

△43990△208,288

Balance at June 30,2022

502－647△493

657

685,425- 6 -Shibuya Corporation
Consolidated Statement of Cash Flows(Millions of yen)
Fiscal year ended
June 30, 2021
Cash flows from operating activities
Profit before income taxes
Depreciation
Impairment losses
Amortization of goodwill
Decrease (increase) in retirement benefit asset
Increase (decrease) in retirement benefit liability
Increase (decrease) in provision for retirement benefits
for directors (and other officers)
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in provision for bonuses
Increase (decrease) in provision for loss on orders
received
Interest and dividend income
Interest expenses
Loss (gain) on sale of investment securities
Subsidy income
Decrease (increase) in trade receivables
Decrease (increase) in trade receivables and contract
assetsIncrease (decrease) in advances received
Increase (decrease) in contract liabilities
Decrease (increase) in inventories
Increase (decrease) in trade payables
Decrease (increase) in advance payments to suppliers
Increase/decrease in consumption taxes
payable/consumption taxes refund receivable
Other, net
SubtotalInterest and dividends received
Interest paid
Income taxes paid
Net cash provided by (used in) operating activities
Cash flows from investing activities
Payments into time deposits
Proceeds from withdrawal of time deposits
Purchase of investment securities
Proceeds from sale of investment securities
Purchase of property, plant and equipment
Proceeds from sale of property, plant and equipment
Purchase of intangible assets
Subsidies received
Other, net
Net cash provided by (used in) investing activities- 7 -Fiscal year ended
June 30, 2022

12,5282,514－
137
123
138

13,375
2,628
152
78
47
△32

169

△75
10△012△102△20△6428△62△7871△55
19△20－－－

4,018△2,106－
2,159
206
534－
1,957
246
△3,428△362△414△1,172594
17,01568△30△2,734
14,319△234
17,27855△19△4,515
12,798

△398
422
△705
1,987
△4,367
2△150
7597△2,605△321315△0164△3,7749△202－244△3,565

(Millions of yen)
Fiscal year ended
June 30, 2021
Cash flows from financing activities
Repayments of long-term borrowings
Decrease (increase) in treasury shares
Dividends paid
Other, net
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash
equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period- 8 -Fiscal year ended
June 30, 2022

△1,348△0△1,658△24△3,032△1,107△0△1,936△54△3,099

57366

8,739
26,55235,2926,500
35,292
41,792