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 9, 2022

Consolidated Financial Results
for the Three Months Ended June 30, 2022
(Under Japanese GAAP)
Company name:
Listing:

Furukawa Co., Ltd.
Tokyo Stock Exchange

Securities code:
URL:
Representative:
Inquiries:
Telephone:5715
https://www.furukawakk.co.jp
Minoru Nakatogawa, President and Representative Director
Akira Mikage, General Manager, Accounting Department+81-3-6636-9502

Scheduled date to file quarterly securities report:
Scheduled date to commence dividend payments:

August 12, 2022–

Preparation of supplementary material on quarterly financial results:
Holding of quarterly financial results briefing:

None
None

(Yen amounts are rounded down 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
Three months ended

Millions of yen

June 30, 2022
June 30, 2021

52,61145,613

Note: Comprehensive income

Operating profit% Millions of yen
15.3
29.4

2,192
2,187

% Millions of yen
0.3
176.4

For the three months ended June 30, 2022:
For the three months ended June 30, 2021:

Basic earnings
per share

Diluted earnings
per share

Three months ended
June 30, 2022

Yen
60.56

Yen
–

June 30, 2021

37.75

–

Profit attributable toowners of parent

Ordinary profit

3,459
2,664
¥ 1,387 million¥ 2,189 million% Millions of yen
29.8
108.1
[(36.6)%][(69.8)%]

2,351
1,475

%
59.4
77.9

(2) Consolidated financial position
Total assets
As ofJune 30, 2022

Net assets

Equity-to-asset ratio

Millions of yen
249,416

Millions of yen
99,495%
38.7

229,727

100,075

42.3

March 31, 2022
Reference: Equity
As of June 30, 2022:
As of March 31, 2022:¥ 96,598 million¥ 97,253 million

2. Cash dividends
Annual dividends per shareFirst quarter-end

Second quarter-end

Third quarter-end

Fiscal year-end

Yen
Yen
Yen
Fiscal year ended–
0.00–
March 31, 2022
Fiscal year ending–
March 31, 2023
Fiscal year ending
March 31, 2023
0.00–
(Forecast)
Note: Revisions to the forecast of cash dividends most recently announced: None

Total

Yen

Yen

50.00

50.00

50.00

50.00

3. Forecast of consolidated financial results for the fiscal year ending March 31, 2023 (from April 1, 2022
to March 31, 2023)(Percentages indicate year-on-year changes.)
Net sales

Six months ending
September 30, 2022
Fiscal year ending
March 31, 2023

Operating profit

Profit attributable toowners of parent

Ordinary profit

Basic earnings
per share

Millions ofyen%Millions ofyen%Millions ofyen%Millions of
yen

%

Yen

104,200

6.5

3,300

(5.3)

4,500

10.0

2,800

21.2

72.12

209,500

5.2

7,000

(9.5)

6,900

(23.3)

4,700(27.4)

121.06

Note: Revisions to the forecast of financial results most recently announced: Yes

* 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:
None(3) Changes in accounting policies, changes in accounting estimates, and restatement(i) Changes in accounting policies due to revisions to accounting standards and other regulations: None(ii) Changes in accounting policies due to other reasons: None(iii) Changes in accounting estimates: None(iv) Restatement: None
(4) Number of issued shares (common shares)(i) Total number of issued shares at the end of the period (including treasury shares)
As of June 30, 2022

40,445,568 shares

As of March 31, 2022

40,445,568 shares(ii) Number of treasury shares at the end of the period
As of June 30, 2022

1,621,961 shares

As of March 31, 2022

1,621,936 shares(iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscal
year)
Three months ended June 30, 2022

38,823,615 shares

Three months ended June 30, 2021

39,075,641 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 concerning forward-looking statements
The forward-looking statements, including earnings outlook, contained in these materials are based on
information currently available to the Company and on certain assumptions deemed to be reasonable by theCompany. The Company makes no warranty as to the achievability of the projections. Actual business and otherresults may differ substantially from the statements herein due to a number of factors.
Please refer to “1. Qualitative Information Regarding Financial Results for the Three Months Ended June 30,
2022, (3) Information regarding consolidated earnings forecasts and other forward-looking statements” on page
5 of the attached material for the suppositions that form the assumptions for earnings forecasts and cautions
concerning the use thereof.

Furukawa Co., Ltd. (5715)

Attached Material
Index
1. Qualitative Information Regarding Financial Results for the Three Months Ended June 30, 2022 ......... 2(1) Explanation of operating results ......................................................................................................... 2(2) Explanation of financial position........................................................................................................ 5(3) Information regarding consolidated earnings forecasts and other forward-looking statements ......... 5
2. Quarterly Consolidated Financial Statements and Significant Notes Thereto .......................................... 6(1) Quarterly consolidated balance sheet ................................................................................................. 6(2) Quarterly consolidated statement of income and consolidated statement of comprehensive
income ................................................................................................................................................ 8
Quarterly consolidated statement of income (cumulative) ................................................................. 8
Quarterly consolidated statement of comprehensive income (cumulative) ........................................ 9(3) Notes to quarterly consolidated financial statements ....................................................................... 10
Notes on going concern assumptions ............................................................................................... 10
Notes on significant changes in the amount of shareholders’ equity ................................................ 10
Segment information ........................................................................................................................ 10
Supplementary Material on Financial Results for the Three Months Ended June 30, 2022 ......................... 12-1-

Furukawa Co., Ltd. (5715)

1. Qualitative Information Regarding Financial Results for the Three Months Ended
June 30, 2022
Matters concerning forward-looking statements in the text are according to the judgment as of the endof the first quarter of the fiscal year ending March 31, 2023.
(1) Explanation of operating results(Millions of yen)Three months ended
June 30, 2021

Three months ended
June 30, 2022

Year-on-year change

Net sales

45,61352,611

6,998

Operating profit

2,187

2,192

5

Ordinary profit

2,664

3,459

794

Profit attributable to owners of parent

1,475

2,351

876

In the Japanese economy in the first three months of the fiscal year ending March 31, 2023 (April
1, 2022 to June 30, 2022), as socioeconomic activities continue to normalize due to progress ofmeasures to fight COVID-19 and easing of behavioral restrictions, the manufacturing industry
continues to see a profit amid an increase in exports due to the recovery in overseas demand.
Meanwhile, there are many downside risks with the unclear convergence of COVID-19 strains, theprolonged situation in Ukraine, and the impact of China’s zero-COVID policy, creating a situationof high uncertainty.
Amid this economic environment, in the period under review, the Company group (the “Group”)
recorded net sales of ¥52,611 million (up ¥6,998 million year on year) and operating profit of¥2,192 million (up ¥5 million year on year). While revenue and profit decreased for the UNIC
Machinery segment, revenue and profit increased for the Rock Drill Machinery segment, whichmeant an increase in revenue and profit for the Machinery Business as a whole, including theIndustrial Machinery segment. In the Materials business, revenue and profit increased for theElectronics and Chemicals segments, while revenue increased and profit decreased for the Metals
segment, which meant an increase in revenue and decrease in profit for the Materials business as awhole. Meanwhile, the Real Estate segment saw a slight increase in revenue and profit. As a resultof recording foreign exchange gains of ¥1,047 million in non-operating income, ordinary profit was¥3,459 million (up ¥794 million year on year). Under extraordinary losses, we recorded ¥47
million for expenses corresponding to the progress of demolition work on the Furukawa Osaka
Building. As a result, profit attributable to owners of parent was ¥2,351 million (up ¥876 million
year on year).
The net sales and operating profit for the reportable segments are as follows:
Industrial Machinery(Millions of yen)Three months ended
June 30, 2021
Net sales
Operating profit

Three months ended
June 30, 2022

Year-on-year change

3,690

3,640

(49)

56

75

19

Industrial Machinery segment net sales were ¥3,640 million (down ¥49 million year on year), andoperating profit was ¥75 million (up ¥19 million year on year). The order balance as of the end of
the first quarter of the fiscal year ending March 31, 2023 increased compared to the end of theprevious fiscal year as a result of crushed stone plant orders received in materials-related
machinery. As for net sales, while pump plant revenue increased, revenue for pump products andmaterials-related machinery decreased, and in bridges and large-scale projects, revenue decreased
despite recording net sales corresponding to volumes for a SICON® enclosed hanging conveyor forconstruction of the Shin-Kobotoke Tunnel on the Chuo Expressway.

-2-

Furukawa Co., Ltd. (5715)

Rock Drill Machinery(Millions of yen)Three months ended
June 30, 2021
Net sales
Operating profit

Three months ended
June 30, 2022

Year-on-year change

7,203

7,619

415

101

431

330

Net sales in the Rock Drill Machinery segment were ¥7,619 million (up ¥415 million year on year),and operating profit was ¥431 million (up ¥330 million year on year). Both domestically andinternationally, we were impacted by soaring raw materials prices, but efforts were made to raise
prices of products and parts. In Japan, revenue decreased due to reduced shipments of tunnel drill
jumbos, but profit increased with steady shipments of hydraulic breakers and ancillary parts.
Overseas, revenue and profit increased mainly due to the increased deliveries of hydraulic breakers
and ancillary parts to North America and the impact of increased revenue as a result of the weakyen.
UNIC Machinery(Millions of yen)Three months ended
June 30, 2021
Net sales
Operating profit

Three months ended
June 30, 2022

Year-on-year change

7,077

6,917

(159)

744

433

(311)

Net sales in the UNIC Machinery segment were ¥6,917 million (down ¥159 million year on year),and operating profit was ¥433 million (down ¥311 million year on year). In Japan, there was adecrease mainly due to truck production delays caused by electronic components and overseas
parts supply difficulties and delays in crane installations due to the decrease in production. Also,
there was a decrease in the cost price ratio and a decrease in profit caused by the rise in the cost of
raw materials, such as steel. Overseas, UNIC cranes exports increased in Europe, North America,
Southeast Asia, and Oceania, and revenue and profit increased.
Machinery Business Total(Millions of yen)Three months ended
June 30, 2021
Net sales
Operating profit

Three months ended
June 30, 2022

Year-on-year change

17,971

18,177

206

902

940

38

Total net sales of the Machinery business—consisting of the Industrial Machinery, Rock Drill
Machinery, and UNIC Machinery segments—amounted to ¥18,177 million (up ¥206 million year
on year), and operating profit was ¥940 million (up ¥38 million year on year).
Metals(Millions of yen)Three months ended
June 30, 2021
Net sales
Operating profit

Three months ended
June 30, 2022

Year-on-year change

23,311

28,832

5,520

768

612

(155)

Net sales in the Metals segment were ¥28,832 million (up ¥5,520 million year on year), andoperating profit was ¥612 million (down ¥155 million year on year). The overseas market price ofelectrolytic copper started at US$10,247/ton. While it rose to US$10,426/ton on April 5 due to
growing concerns about metal supply shortages as a result of tighter economic sanctions against-3-

Furukawa Co., Ltd. (5715)

Russia following the invasion of Ukraine, the price subsequently declined due to accelerated
monetary tightening measures by major central banks and China’s zero-COVID policy, and by theend of the period under review the price was US$8,245/ton. Sales volume of electrolytic copper
declined, but sales increased due to the weaker yen.
Electronics(Millions of yen)Three months ended
June 30, 2021
Net sales
Operating profit

Three months ended
June 30, 2022

Year-on-year change

1,794

1,867

72

139

208

69

Net sales in the Electronics segment were ¥1,867 million (up ¥72 million year on year), andoperating profit was ¥208 million (up ¥69 million year on year). Both domestically andinternationally, sales of high-purity metallic arsenic were boosted by stable demand for compound
semiconductors, a major application for that material, while demand for aluminum nitride for use inthermal management components and semiconductor manufacturing equipment components
increased. There was a decrease in sales of coils due to an impact from the decrease in productionof automobiles resulting from the semiconductor shortage.
Chemicals(Millions of yen)Three months ended
June 30, 2021
Net sales
Operating profit

Three months ended
June 30, 2022

Year-on-year change

1,843

2,348

504

218

243

25

Net sales in the Chemicals segment were ¥2,348 million (up ¥504 million year on year), andoperating profit was ¥243 million (up ¥25 million year on year). Sales of cupric oxide increased
due to higher unit prices, mainly reflecting higher copper prices and strong demand for the use ofthat material in circuit boards. Meanwhile, sales of cuprous oxide increased due to a recovery indemand for ship bottom paints, a major application for the product, and higher unit prices, mainlyreflecting higher copper prices.
Materials Business Total(Millions of yen)Three months ended
June 30, 2021

Three months ended
June 30, 2022

Year-on-year change

Net sales

26,95033,047

6,097

Operating profit

1,125

1,064

(60)

The Materials business—consisting of the Metals, Electronics, and Chemicals segments—posted
total net sales of ¥33,047 million (up ¥6,097 million year on year) and operating profit of ¥1,064
million (down ¥60 million year on year).
Real Estate(Millions of yen)Three months ended
June 30, 2021

Three months ended
June 30, 2022

Year-on-year change

Net sales

523

531

7

Operating profit

191

202

10

-4-

Furukawa Co., Ltd. (5715)

Net sales in the Real Estate segment were ¥531 million (up ¥7 million year on year), and operating
profit was ¥202 million (up ¥10 million year on year). The commercial facilities of the Muromachi
Furukawa Mitsui Building (commercial name: COREDO Muromachi 2), our main facility, areseeing customers gradually returning, with the Tokyo COVID-19 priority preventative measureslifted on March 21. Partial exemptions for rent payments given to commercial tenants were
eliminated, which caused an increase in profit.
Others(Millions of yen)Three months ended
June 30, 2021

Three months ended
June 30, 2022

Year-on-year change

Net sales

167

854

686

Operating profit

(19)

4

23

We run a metal powders business and a transportation business. Net sales were ¥854 million (up¥686 million year on year), and operating profit was ¥4 million (operating loss of ¥19 million in thesame period of the previous fiscal year).
(2) Explanation of financial position(Millions of yen)
End of previous fiscal
year

End of the firstquarter of the fiscal
year ending March
31, 2023

Change from end of
previous fiscal year

Total assets

229,727

249,416

19,688

Liabilities

129,652

149,920

20,267(Interest-bearing debt)

65,67175,298

9,627

Net assets

100,075

99,495

(579)

42.3

38.7

(3.6)

Equity-to-asset ratio(%)

Total assets as of the end of the quarter under review were ¥249,416 million, an increase of¥19,688 million compared to the end of the previous fiscal year. The main reasons for the increase
were increases in current assets, including cash and deposits, merchandise and finished goods, andraw materials and supplies. Interest-bearing debt (borrowings) was ¥75,298 million, an increase of¥9,627 million compared to the end of the previous fiscal year. Net assets were ¥99,495 million, adecrease of ¥579 million compared to the end of the previous fiscal year.
(3) Information regarding consolidated earnings forecasts and other forward-looking statements
Comparing the revised forecasts for the first-half consolidated financial results with the previously
announced forecasts (announced on May 12, 2022), the main points are that expected net sales in
the Rock Drill Machinery segment has increased due to an increase in shipments of hydraulicbreakers and hydraulic crawler drills overseas and the impact of the weak yen, and expected net
sales in the Metals segment has decreased mainly due to a decrease in the sales volume ofelectrolytic copper. Expected operating profit in the Rock Drill Machinery segment has increased
due to an increase in net sales, and expected operating profit in the Metals segment is about thesame level as the previously announced forecast due to factors such as the price margin ofelectrolytic gold resulting from the weak yen. As a result, consolidated net sales has been
downwardly revised, and operating profit has been upwardly revised. In addition, foreign exchange
gains are expected, and ordinary profit and profit attributable to owners of parent have each been
upwardly revised.
Regarding the full-year consolidated financial results forecasts, they will not be revised at this timeand are the same as the previously announced forecasts (announced on May 12, 2022).

-5-

Furukawa Co., Ltd. (5715)

2. Quarterly Consolidated Financial Statements and Significant Notes Thereto(1) Quarterly consolidated balance sheet(Millions of 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, net
Land
Other, net
Total property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets-6-

As of June 30, 2022

14,46917,80628,34429,19817,205
10,813
20,8184,635(48)
96,23819,59912,06835,0703,368(50)
117,061

24,051
54,17012,754
90,976376

23,72554,196
12,50090,422353

35,8606,997(720)
42,136
133,489229,727

34,845
7,514(780)
41,579132,354249,416

Furukawa Co., Ltd. (5715)(Millions of yen)
As of March 31, 2022
Liabilities
Current liabilities
Notes and accounts payable - trade
Electronically recorded obligations - operating
Short-term borrowings
Income taxes payable
Provisions
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Provisions
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-sale securities
Deferred gains or losses on hedges
Revaluation reserve for land
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-7-

As of June 30, 2022

15,916
9,381
13,504
1,491
142
19,42359,85918,898
9,055
24,240845
159
29,011
82,211

52,16675
2,543
239
14,76869,793
129,652

51,05875
2,269
225
14,07967,708
149,920

28,2082
54,557(2,197)80,57028,2082
54,967(2,197)80,98011,832
(292)
2,602
35
2,506
16,6832,821
100,075
229,727

11,085(1,343)
2,602
802
2,471
15,6182,896
99,495
249,416

Furukawa Co., Ltd. (5715)(2) Quarterly consolidated statement of income and consolidated statement of comprehensive income
Quarterly consolidated statement of income (cumulative)(Millions of yen)Three months ended
June 30, 2021
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Dividend income
Foreign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Administrative expenses of inactive mountain
Foreign exchange losses
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of investment securities
Other
Total extraordinary income
Extraordinary losses
Loss on valuation of investment securities
Loss on sale and retirement of non-current assets
Demolition expenses of a rental building
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-8-

Three months ended
June 30, 2022

45,613
39,103
6,510
4,322
2,187

52,61145,785
6,826
4,633
2,192

380
–
577
957

424
1,047
181
1,652

109
199
100
71
480
2,664

118
187
–
80
386
3,459

26
21
47

51
4
55

176
16
267
0
459
2,252
557
153
711
1,540
65
1,475

–
68
47
8
124
3,389
891
97
988
2,401
49
2,351

Furukawa Co., Ltd. (5715)

Quarterly consolidated statement of comprehensive income (cumulative)(Millions of yen)Three months 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
Share of other comprehensive income of entities
accounted for using equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controllinginterests-9-

Three months ended
June 30, 2022

1,540

2,401

510
(443)
535
48

(746)
(1,039)
641
(35)

(1)

166

649
2,189

(1,013)
1,387

2,096

1,286

93

101

Furukawa Co., Ltd. (5715)(3) Notes to quarterly consolidated financial statements
Notes on going concern assumptions
Not applicable.
Notes on significant changes in the amount of shareholders’ equity
Not applicable.
Segment information[Segment information]
1. Three months ended June 30, 2021
Information relating to the amounts of net sales and profit or loss by reportable segment(Millions of yen)
Reportable segment

Net sales
Net sales to externalcustomers
Intersegment net sales ortransfers
Total
Segment profit (loss)

Industrial
Machinery

Rock Drill
Machinery

UNIC
Machinery

3,690

7,203

7,077

670

0

4,361
56

Electronics

Chemicals

23,311

1,794

1,843

16

51

–

13

7,204

7,093

23,363

1,794

1,857

101

744

768

139

218

Reportable segment
Real Estate
Net sales
Net sales to externalcustomers
Intersegment net sales ortransfers
Total
Segment profit (loss)

Others(Note 1)

Total

MetalsTotal

Eliminations/
corporate(Note 2)Carrying
amount(Note 3)523

45,445167

45,613–45,613

3

756

388

1,145

(1,145)–527

46,202556

46,758(1,145)45,613

191

2,219

(19)

2,199

(12)

2,187

Notes: 1. The “Others” category refers to business segments not included in the reportable segments, and includes thetransportation business and other businesses.
2. Segment profit (loss) adjustment of ¥(12) million includes eliminations of intersegment transactions of ¥14
million and company-wide expenses not allocated to each reportable segment of ¥(26) million. Company-wide
expenses are mainly expenses related to deserted metal mine assets and deserted coal mine assets that do notbelong to the reportable segments.
3. Segment profit (loss) is adjusted to operating profit in the quarterly consolidated statement of income.

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Furukawa Co., Ltd. (5715)

2. Three months ended June 30, 2022
Information relating to the amounts of net sales and profit or loss by reportable segment(Millions of yen)
Reportable segment

Net sales
Net sales to externalcustomers
Intersegment net sales ortransfers
Total
Segment profit (loss)

Industrial
Machinery

Rock Drill
Machinery

UNIC
Machinery

3,640

7,619

6,917

737

0

4,378
75

Electronics

Chemicals

28,832

1,867

2,348

35

70

–

13

7,619

6,953

28,902

1,867

2,362

431

433

612

208

243

Reportable segment
Real Estate
Net sales
Net sales to externalcustomers
Intersegment net sales ortransfers
Total
Segment profit (loss)

Others(Note 1)

Total

MetalsTotal

Eliminations/
corporate(Note 2)Carrying
amount(Note 3)531

51,757854

52,611–

52,611

3

860

431

1,292

(1,292)–534

52,618

1,285

53,903(1,292)

52,611

202

2,207

4

2,211

(18)

2,192

Notes: 1. The “Others” category refers to business segments not included in the reportable segments, and includes themetal powders business, transportation business and other businesses.
2. Segment profit (loss) adjustment of ¥(18) million includes eliminations of intersegment transactions of ¥9 million
and company-wide expenses not allocated to each reportable segment of ¥(28) million. Company-wide expenses
are mainly expenses related to deserted metal mine assets and deserted coal mine assets that do not belong to thereportable segments.
3. Segment profit (loss) is adjusted to operating profit in the quarterly consolidated statement of income.

- 11 -

Furukawa Co., Ltd. (5715)

Assumptions
Three months
ended June 30,2022
Copper priceExchange rateYear-on-yearchangeThree months ended June 30, 2022 (actual)

$/mt

9,526

(185)

July 2022 onward (forecast)

$/mt

7,500

(2,184)

Forecast

$/mt

8,007

(1,684)Three months ended June 30, 2022 (actual)

Yen/$

129.6

20.1

July 2022 onward (forecast)

Yen/$

130.0

16.7

Forecast

Yen/$

129.9

17.5

Supplementary Material on Financial Results
for the Three Months Ended June 30, 2022
August 9, 2022
Furukawa Co., Ltd.
Net sales(Yen amounts are rounded down to millions.)Three months Three months
Year-on-year
ended June ended Junechange30, 2021
30, 2022
Machinery business

17,971

18,177

Industrial Machinery segment

3,690

3,640

(49)

Rock Drill Machinery segment
UNIC Machinery segment

7,203
7,077

7,619
6,917

415
(159)

26,95033,047

6,097

Metals segment
Electronics segment

23,311
1,794

28,832
1,867

Materials business

206

Fiscal year ending March 31, 2023
Six month Year-onYear-onForecast
forecast year change
year change
40,4001,749

84,100

7,161

7,800

(832)

20,2002,476

18,20014,400

2,787
(206)

35,50028,4004,589
94

61,150

3,393

120,500

2,336

5,520
72

52,800
3,750

2,464
165

105,200
7,300

2,204
28

Chemicals segment

1,843

2,348

504

4,600

763

8,000

103

Real Estate segment

523

531

7

1,050

13

2,000

(115)

Others segment

167

854

686

1,600

1,239

2,900

1,020

45,61352,611

6,998

104,200

6,395

209,500

10,402

Total

Operating profit
Three months Three months
Year-on-year
ended June ended Junechange30, 2021
30, 2022
Machinery business

902

940

38

Fiscal year ending March 31, 2023
Six month Year-onYear-onForecast
forecast year change
year change
2,400

306

5,300

620

Industrial Machinery segment

56

75

19

300

(37)

1,800

403

Rock Drill Machinery segment
UNIC Machinery segment

101
744

431
433

330
(311)

1,100
1,000

695
(351)

2,000
1,500

882
(665)

1,125

1,064

(60)

600

(491)

1,200

(1,149)

Metals segment
Electronics segment

768
139

612
208

(155)
69

0
300

(452)
71

0
600

(940)
(66)

Chemicals segment

218

243

25

300

(110)

600

(143)

Real Estate segment

191

202

10

350

(11)

600

(143)

Materials business

Others segment

(19)

4

23

(10)

20

(30)

(47)

(Subtotal)

2,199

2,211

12

3,340

(176)

7,070

(719)

Eliminations/corporate

(12)

(18)

(6)

(40)

(7)

(70)

(15)

2,187

2,192

5

3,300

(183)

7,000

(734)

Total

- 12 -

Furukawa Co., Ltd. (5715)* Reference Information (the below values are reference values)
1. Industrial Machinery segment order balance
The Industrial Machinery segment mainly provides built-to-order manufacturing, and the order balance
as of the end of the first quarter is as follows.
As ofJune 30, 2021
Order backlog

As ofJune 30, 2022

¥10.2 billion¥12.2 billion

Year-on-year change¥1.9 billion

2. Profit or loss from metal price fluctuations in the Metals segment
Three months ended Three months ended
Year-on-year change
June 30, 2021
June 30, 2022
Operating profit¥0.76 billion¥0.61 billion¥(0.15) billion

Of which was due to pricefluctuations¥0.88 billion¥0.63 billion¥(0.25) billion[¥0.79 billion][¥0.05 billion][¥0.24 billion][¥0.37 billion][¥(0.55) billion][¥0.31 billion]

CopperGold- 13 -