Financial Statement
80th TERM(Entered 102 years Since 1918)

From 1st April 2019～31st March 2020

(Company motto)"Love and Creation"
Showa Kako CorporationBalance Sheet
From 1st April 2019～31st March 2020
Showa Kako Corporation(Unit : Yen)

AssetsDescription
Current assets
Cash and deposits

Liabilities
AmountDescription

4,860,405,899 Current liabilities
1,925,625,149
365,920,510

Receivable

AmountAccounts Receivable

1,520,650,668

Marketable securities

1,646,015,244
155,367,982

Bills Payable
Accounts Payable

1,239,196,701

Arrears

45,244,295

30,992,359

Accrued expenses

65,395,088

Products & Goods

603,036,798

Corporation Tax

82,427,100

Raw materials

83,373,660

Deposits

5,701,528

Work in process

237,200,029

Advance received

3,965,435

Short-term loans receivable

60,000,000

Provisional payment

33,000

Other current assets

45,606,726

Short-term debt

0

△12,000,000

One year long term loan

23,484,000

Fixed Assets

1,847,540,096

Consumption tax payable

25,200,115

Tangible fixed assets

1,503,617,581 Fixed Liabilities

Allowance for Loan Losses

3,447,121,724

Building

362,983,523

Long Term Loan

3,426,057,000

Building equipment

246,845,941

Bonds

Structures

57,940,238

Liabilities Total

Machinery492,902,859

21,064,724
5,093,136,968

Net Assets

Vehicles and transportationequipment

2Tools, furniture and fixtures

20,161,741

CapitalLand

322,783,277

Capital surplus

1,205,993

1,192,393

Capital reserve

405,993

Other capital surplus

800,000

Intangible fixed assets
Software287,989

Telephone subscription right904,404

Shareholders' equity
100,000,000

Retained earnings

25,200,000

Earned reserve

Investment
Investment securities and investment

342,730,122

Other retained earnings

1,662,302,454

122,869,893

Other reserve

500,000,000

Long-term loans

1,856,274

Security deposit

104,499,980

Other investments

113,503,975

Deferred assets

Total Assets

1,687,502,454

Profit carried forward

1,162,302,454△34,532,800

Own shares

139,366,620

Net Assets

1,754,175,647

6,847,312,615

Total Liabilities and Net assets

6,847,312,615(Note) Accumulated depreciation of property, plant and equipment 4,702,172,905
Notes receivable discount balance0Profit and Loss Statement
From 1st April 2019～31st March 2020
Showa Kako Corporation(Unit：JPY)

Description

AmountSales9,085,716,527

売上原価
Opening Inventory

4,167,121,310

Current term cost of production and total purchase
4,346,379,122
Total

8,513,500,432

Closing Inventory△ 603,036,798

Gross Profit on Sales

1,175,252,893

Sales expenses

435,290,416

General administrative expenses

310,419,509

Operating Profit

429,542,968

Non operating profit

151,050,437

Interest income

869,129

Dividend income

1,377,365

Miscellaneous income

148,803,943

Non Opearting Expenses

44,046,444

Interest expense

27,054,582

Discounted interest

5,963,733

Miscellaneous loss

11,028,129

Non Operating Profit

536,546,961

Extraordinary Profit

595,208

Extraordinary loss

138,303,200

Income before taxes

398,838,969

Corporation tax, resident tax and business tax

126,420,580

Current Net Profit（Note）Ordinary depreciation range of depreciable assets for the period

Depreciation amount

272,418,389
273,374,056
273,374,056

Statement of share holder'equity
From 1st April 2019～31st March 2020

Showa Kako Corporation
Owner's capital
Capital surplusCapital surplus

Accumulated surplus
Other accumulated surpluses

Capital

Other
Capital surplus
capitalsum totalsurpluses

Capitalreserve

Earnedsurplus
reserve

Company's own
Accumulatedstock
Earned surplus surplus total
C/F(next term)

Generalreserve

Net-assets
total

Owner'scapital total

100,000,000

405,993

800,000

1,205,993

25,200,000

500,000,000

889,884,065

1,415,084,065△ 34,532,800

Current net income

000000272,418,389

272,418,389

0272,418,389

272,418,389

Acquisition of own shares

00000000000

Current term total
fluctuating amount

000000272,418,389

272,418,389

0272,418,389

272,418,389

100,000,000

405,993

800,000

1,205,993

25,200,000

500,000,000

1,162,302,454

1,687,502,454△ 34,532,800

First half balance

Current term end balance

1,481,757,258 1,481,757,258

1,754,175,647 1,754,175,647

Individual Notes

Showa Kako Corporation

１．This financial statements, is created by the guidance of small business accounting

2．Important accounting policies(1)

The evaluation criteria and evaluation method of negotiable securities① Things with market value

Cost of acquisition② Things without market value Cost of acquisition(2)

The evaluation criteria and the evaluation method of an inventory
Cost method according to periodic average method(3)

The method of depreciation of fixed assets
Tangible fixed assets

Constant percentage method by regulation of Corporation Tax Law
Period of depreciation
Building： 8 to 25 years
Building attached structure： 3 to 20 years
Structure ： 8 to 40 years
Mechanical apparatus ：2 to 22 years
Furniture and fixtures：2 to 20 years
Automotive equipment： 4 to 7 years(4)

Intangible fixed assets Fixed amount method by regulation of Corporation Tax LawAccounting treatment of derivatives
Accounting treatment by a market method to be carried out(5)

The disposal method of a lease transaction
About the finance lease transactions of those other than what the ownership of leased
property transfers to a borrower, is based on accounting treatment according to the method
related to the usual lease transactions.

(6)

Accounting treatment of derivatives
Accounting treatment of a consumption tax etc. is based on the tax excluded method.

3. Notes to the Balance Sheet
３．貸借対照表に関する注記
Accumulated depreciation: JPY 4,702,172,905４．
Notes for Statement of Changes in Net Assets(1)

AboutShares
End OfIssued
First Half・・・2,016
SharesCurrent Period End・・・2,016 Shares

The number of Own shares at the end of the fiscal year
(2)

123

Shares