Translation
Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any
discrepancy between this translated document and the original Japanese document, the latter shall prevail.

Summary of Consolidated Financial Results
for the Three Months Ended June 30, 2021
(Based on Japanese GAAP)
August 11, 2021
Company name:
COPRO-HOLDINGS. Co., Ltd.
Stock exchange listing: Tokyo, Nagoya
Stock code:
7059
URL https://www.copro-h.co.jp/
Representative:
Chief Executive OfficeKosuke Kiyokawa
Inquiries:
Director of Management Strategy Division
Eiji Kawamura
Scheduled date to file Quarterly Securities Report:
August 11, 2021
Scheduled date to commence dividend payments:–Preparation of supplementary material on quarterly financial results: Yes
Holding of quarterly financial results meeting:
NoTEL+81-52-589-3066(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the three months ended June 30, 2021 (from April 1, 2021 to June 30, 2021)(1) Consolidated operating results (cumulative)
Percentages indicate year-on-year changes
Profit attributable toNet sales
Operating profit
Ordinary profit
owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%Three months ended June 30, 2021
3,555 (1.4)
277
40.0
277
39.8
154 (18.4)
Three months ended June 30, 2020
3,606
19.3
198 (33.6)
198 (33.2)
188
2.0
Earnings per share

Diluted earnings per share

YenYenThree months ended June 30, 2021
16.12
15.91
Three months ended June 30, 2020
20.01
19.69
（Note）On April 1, 2021, the Company conducted a two-for-one stock split of common stock. Earnings per share and Diluted earnings per
share have been calculated as if this stock split had taken place at the beginning of the previous fiscal year.
(2) Consolidated financial position
Total assets

Net assets

Millions of yen
8,646
8,514

As of June 30, 2021
As of March 31, 2021

Equity ratio

Millions of yen
6,172
6,272

%
71.3
73.7

2. Cash dividends
Annual dividends per share
1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––

Yen
20.00

Yen–

Yen
55.00

Year ended March 31, 2021
Year ending March 31, 2022Total
Yen
75.00

Year ending March 31, 2022 (Forecast)
10.00–30.0040.00（Note）On April 1, 2021, the Company conducted a two-for-one stock split of common stock. For the fiscal year ended March 31, 2021, theactual amounts of dividends prior to the stock split are presented. dividends for the year ended March 31, 2022 (forecast) are stated inconsideration of the impact of the stock split.
3. Forecast of consolidated financial results for the year ending March 31, 2022 (from April 1, 2021 to March 31, 2022)

Net sales
Millions of yen
Six months ending
September 30, 2021
Full year

Percentages indicate year-on-year changes
Profit attributable toOperating profit
Ordinary profit
Earnings per shareowners of parent% Millions of yen% Millions of yen% Millions of yen%
Yen

7,596

4.5

487

(8.4)

488

(8.5)

16,943

14.2

1,655

15.1

1,657

15.1

1316 (21.8)
1,077

6.7

33.10
112.69

4. Notes(1) Changes in significant subsidiaries during the three months ended June 30, 2021
(changes in specified subsidiaries resulting in the change in scope of consolidation):
New companies: 2 company（Company name）COPRO VIETNAM CO., LTD.
ATMOS CO.,LTD.
(2) Application of special accounting methods for preparing quarterly consolidated financial statements:

Yes

No

(3) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements
Changes in accounting policies due to revisions to accounting standards and other regulations:
Yes
Changes in accounting policies due to other reasons:
Changes in accounting estimates:

NoNo

Restatement of prior period financial statements:

No(4) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of June 30, 2021

10,000,000 shares As of March 31, 2021

10,000,000 shares

Number of treasury shares at the end of the period
As of June 30, 2021

442,034 shares As of March 31, 2021

446,334 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Three months ended June 30, 2021

9,557,334 shares Three months ended June 30, 2020

9,428,178 shares（Note） On April 1, 2021, the Company conducted a two-for-one stock split of common stock. Total number of issued shares at the endof the period, Number of treasury shares at the end of the period and Average number of shares during the period have been
calculated as if this stock split had taken place at the beginning of the previous fiscal year.

2Quarterly consolidated financial statements
Consolidated balance sheets(Thousands of yen)
As of March 31, 2021
AssetsCurrent assets
Cash and deposits
Accounts receivable - trade
Electronically recorded monetary claims operating
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, netConstruction in progress
Other, net
Total property, plant and equipment
Intangible assets
Goodwill
Leased assets
Other
Total intangible assets
Investments and other assets
Deferred tax assets
Other
Total investments and other assets
Total non-current assets
Total assets
Liabilities
Current liabilities
Current portion of bonds payable
Lease obligations
Accounts payable - other
Income taxes payable
Accrued consumption taxes
Provision for bonuses
Asset retirement obligations
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Lease obligations
Retirement benefit liability
Asset retirement obligations
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
Foreign currency translation adjustment
Total accumulated other comprehensive income
Share acquisition rights
Total net assets
Total liabilities and net assets
3

As of June 30, 2021

5,320,538
1,880,186

4,610,292
1,901,912－29,046

207,297(435)
7,407,586

285,998(438)
6,826,812

272,80928,27056,235357,315

463,555－
128,426
591,982－
7,776
152,933
160,709298,706
2,668
179,142
480,516

117,660
471,072
588,733
1,106,757
8,514,344

154,228
592,575
746,804
1,819,303
8,646,115

70,00014,5601,130,440
158,746449,936
52,661
28,169258,476
2,162,989

70,0008,660
1,439,615
97,107
301,667
84,24629,392
284,085
2,314,775

－
4,464
－
74,487
78,9522,241,942

24,014
3,304
20,872
110,415
158,605
2,473,380

30,0001,230,530
5,012,823（1,279）6,272,073

30,0001,233,420
4,904,301（1,267）
6,166,455

328
328
－
6,272,402
8,514,344

972
972
5,307
6,172,734
8,646,115

Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)
Consolidated statements of income (cumulative)
Three months ended
June 30, 2020
3,606,779
2,645,584
961,194
762,978
198,216

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Rental incomeSettlement received
Other
Total non-operating income
Non-operating expenses
Interest expenses
Guarantee commission
Depreciation
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Surrender value of insurance policies
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitProfit attributable to owners of parent

4(Thousands of yen)Three months ended
June 30, 2021
3,555,317
2,491,640
1,063,676
786,126
277,550

285
668
23
976

285
－
21
306

225
272
187
54
739
198,453

104
82
187
54
428
277,427

90,676
90,676

－
－

203
203
288,925
68,90331,325100,229
188,696
188,69600277,427
111,882
11,505
123,388
154,039
154,039

Consolidated statements of comprehensive income (cumulative)
Three months ended
June 30, 2020
188,696

ProfitOther comprehensive income
Foreign currency translation adjustment
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners ofparent5(Thousands of yen)Three months ended
June 30, 2021
154,039––
188,696643
643
154,683

188,696

154,683