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, theoriginal shall prevail. The Company assumes no responsibility for this translation or for direct,
indirect or any other forms of damages arising from the translation.

Financial Results for the Three Months Ended June 30, 2022
[Japanese GAAP] (Consolidated)
July 27, 2022
Company name: Tatsuta Electric Wire & Cable Co., Ltd.
Stock exchange listing: Tokyo Stock Exchange
Stock Code: 5809
URL: https://www.tatsuta.comRepresentative: Hiroya Yamada, President and Representative Director
Contact: Masafumi Imai, Director, Senior Executive Officer, General Manager of Accounting and Finance
Department
Phone: +81-6-6721-3011
Scheduled date of filing Quarterly Report: August 5, 2022
Scheduled date of commencing dividend payments: —Availability of supplementary briefing material on quarterly financial results: Available
Schedule of quarterly financial results briefing session: Not scheduled(Amounts of less than one million yen are rounded down.)
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)(% indicates changes from the previous corresponding period.)
Net sales
Three months ended
June 30, 2022
Three months ended
June 30, 2021

Operating income
Million yen

Ordinary income%

Million yen%

14,7323.2

327 (49.4)

437 (38.9)323 (38.6)

14,2766.8648716526(6.5)

Million yen

Income attributable toowners of parent%
Million yen%

1.8

1.7(Note) Comprehensive income: Three months ended June 30, 2022: (18) million yen [(105.1)%]
Three months ended June 30, 2021: 361 million yen [(64.4)%]
Yen

Diluted earnings pershare
Yen

5.23-

8.52

-

Total assets
Million yen

Net assets
Million yen

57,72458,654

Income per share
Three months ended
June 30, 2022
Three months ended
June 30, 2021

(2) Consolidated Financial Position

As ofJune 30, 2022
As ofMarch 31, 2022%

Net assets per share
Yen

47,59582.5

770.38

48,16982.1

779.68(Reference) Equity: As of June 30, 2022: 47,595 million yen
As of March 31, 2022: 48,169 million yen

Equity ratio

2. Dividends
Annual dividends
1st quarter-end
Yen

2nd quarter-end
Yen

3rd quarter-end
Yen-

9.00

9.00

Fiscal year ended
March 31, 2022
Fiscal year ending
March 31, 2023
Fiscal year ending
March 31, 2023
(Forecast)Year-end

Total
Yen

Yen-

9.00

18.00

-

9.00

18.00

-(Note) Revisions from the most recently announced dividends forecast: No
3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2023 (From April 1, 2022 toMarch 31, 2023)(% indicates changes from the previous corresponding period.)
Net sales

Operating income

Income attributable toowners of parent

Ordinary income

Incomeper share

Million yen%

Million yen%

Million yen%

Million yen%

YenFirst half

32,4009.4

1,300(23.7)

1,400(23.5)

1,100(17.6)

17.80

Full year

67,600

12.9

3,200

10.9

3,350

7.6

2,500

7.3

40.47

(Note) Revisions from the most recently announced financial results forecast: Yes
Notes:(1) Changes in significant subsidiaries during the period under review (changes in specified subsidiaries resulting
in changes in scope of consolidation): NoNewly added: NA
Excluded: NA(2) Application of special accounting treatment in preparation of quarterly consolidated financial statements: Yes(3) Changes in accounting principles, changes in accounting estimates and retrospective restatement
1) Changes in accounting principles due to the revision of accounting standards: No
2) Changes in accounting principles other than 1) above: No
3) Changes in accounting estimates: No4) Retrospective restatement: No(4) Total number of issued shares (common stock)1) Total number of issued shares at the end of the period (including treasury shares):
As of June 30, 2022
70,156,394 shares
As of March 31, 2022
70,156,394 shares2) Total number of treasury shares at the end of the period:
As of June 30, 2022
8,375,147 shares
As of March 31, 2022
8,375,147 shares
3) Average number of shares during the period (cumulative quarterly period):
Three months ended June 30, 2022
61,781,247 shares
Three months ended June 30, 2021
61,781,931 shares* These quarterly consolidated financial results are outside the scope of quarterly review by a certified publicaccountant or an audit corporation.

* Overview of the proper use of financial results forecast and other notes
The earnings forecasts and other forward-looking statements herein are based on information available to theCompany and certain assumptions deemed reasonable as at the date of publication of this document and should
not be interpreted as any kind of guarantee or promise by the Company to achieve such forecasts. In addition,
actual results may differ significantly from these forecasts due to a wide range of factors.
The supplemental financial information is scheduled to be disclosed on the TDnet on that same day as well ason the Company’s website.

Table of Contents of Reference Materials
1. Qualitative Information on Financial Results for the Quarterly Period Under Review ........................................... 1(1) Overview of business results.............................................................................................................................. 1(2) Overview of financial position ........................................................................................................................... 2(3) Overview of forward-looking information such as consolidated financial results forecasts ............................. 2
2. Quarterly Consolidated Financial Statements.......................................................................................................... 3(1) Quarterly Consolidated Balance Sheets ............................................................................................................. 3(2) Quarterly Consolidated Statements of Income and Quarterly Consolidated Statements of ComprehensiveIncome ............................................................................................................................................................... 5

1. Qualitative Information on Financial Results for the Quarterly Period Under Review(1) Overview of business results
During the three months ended June 30, 2022, as the Japanese economy saw mitigation of the harsh situation owing
to the impact of COVID-19, there were signs of recovery in areas including corporate earnings, capital investment,
personal consumption, and housing construction. The world economy is also expected to continue improving as theimpact of COVID-19 decreases. However, the outlook is uncertain due to the risk of the spread of new coronavirus
variants, a rise in resource and raw material prices, semiconductor supply constraints, the Russia-Ukraine crisis, andthe lingering effects of restraints on economic activity in China.
The average domestic quotation price for copper, the main raw material used for the Company’s products, for thethree months ended June 30, 2022 was on levels higher than for the same period of the previous fiscal year, but fell
toward the end of the period under review.
In the meantime, demand for electric wires for infrastructure was on levels lower than for the same period of theprevious fiscal year, while in the equipment wire and cable business, demand from some users continued recovering.
Sales of smartphones, the main application of functional films, remained weak in terms of volumes due to a slowdownof the Chinese economy and the effects of lockdowns in the country. Demand for materials was affected by sluggish
product sales, shortages in supplies of semiconductors and other components and materials, and other factors.
In this environment, net sales for the three months ended June 30, 2022 increased to 14,732 million yen (up 3.2%
year on year), but profits decreased, with operating income of 327 million yen (down 49.4% year on year), ordinary
income of 437 million yen (down 38.9% year on year), and income attributable to owners of parent of 323 million
yen (down 38.6% year on year).

An overview of the Group’s business performance by segment is as follows:[Electric Wire and Cable Business]
Sales volumes of electric wires for infrastructure were lower than for the same period of the previous fiscal year
(down 13.2% year on year) as customers continued conservative buying due to higher copper prices and competition
intensified, fueled by selling price revisions implemented in response to rising raw material prices. However, owing
to factors such as higher copper prices as well as a continued recovery in demand from some customers for equipment
wire and cable, net sales for this segment increased to 9,926 million yen (up 3.9% year on year). Meanwhile, despite
efforts to improve margins, such as selling price revisions, the Company posted operating loss of 166 million yen (asopposed to operating income of 191 million yen for the same period of the previous fiscal year) due to lower sales
volumes, higher raw material prices, slow progress on selling price revisions, fluctuations in copper prices, and otherfactors.

[Electronic Materials Business]
Demand for functional films, the Company’s flagship products, decreased (down 2.3% year on year) due to lower
production and sales volumes for smartphones, the major application of functional films, lockdowns in China, andshortages in supplies of semiconductors and other components and materials, and as a result, net sales for this segment
were 4,228 million yen (down 0.5% year on year). Despite cost reduction efforts, etc., operating income decreased to642 million yen (down 1.0% year on year) due to lower sales and higher material prices.

1

[Other Businesses]
In each of the sensor, medical equipment material, and environmental analysis businesses, demand from somecustomers continued recovering, and new products launched at the end of the previous fiscal year contributed to sales
for the medical equipment material business. As a result, net sales for this segment increased to 582 million yen (up20.1% year on year) and operating income was 45 million yen (as opposed to operating loss of 10 million yen for thesame period of the previous fiscal year).
(2) Overview of financial position
Total assets at the end of the three months ended June 30, 2022 decreased by 929 million yen from the end of theprevious fiscal year to 57,724 million yen, mainly due to a decrease in notes and accounts receivable - trade.
Total liabilities decreased by 354 million yen from the end of the previous fiscal year to 10,129 million yen, mainly
due to decreases in accrued expenses and income taxes payable.
Total net assets decreased by 574 million yen from the end of the previous fiscal year to 47,595 million yen, mainly
due to a decrease in deferred gains or losses on hedges, as well as a decrease in retained earnings resulting from thepayment of dividends, despite the posting of income attributable to owners of parent.
As a result, the equity ratio increased by 0.4 percentage points from the end of the previous fiscal year to 82.5%.
(3) Overview of forward-looking information such as consolidated financial results forecasts
The Company has revised the consolidated financial results forecasts for the first half and the full year of the fiscal
year ending March 31, 2023 announced on May 13, 2022. For details, please see “Financial Summary for Three Months
Ended June 30,2022” announced today.

22. Quarterly Consolidated Financial Statements(1) Quarterly Consolidated Balance Sheets(Millions of yen)
As of March 31, 2022
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - tradeFinished goods
Work in process
Raw materials and supplies
Short-term loans receivable
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, netMachinery, equipment and vehicles, netTools, furniture and fixtures, netLand
Construction in progress
Total property, plant and equipment
Intangible assets
Software
Software in progress
Right to use facilities
Other
Total intangible assets
Investments and other assets
Investment securities
Long-term prepaid expenses
Deferred tax assets
OtherAllowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

3

As of June 30, 2022

1,389
19,419
3,957
6,127
1,869
5,686
1,235
(13)
39,671

1,327
18,295
4,123
6,575
2,281
5,293
692
(12)
38,576

8,305
3,259
417
3,721
522
16,225

8,406
3,279
390
3,721
461
16,258

146
9
5
4
165

147
13
5
3
169

1,082
2
1,030
659
(181)
2,591
18,98258,654

1,307
2
1,182
407
(178)
2,720
19,14857,724

(Millions of yen)
As of March 31, 2022
Liabilities
Current liabilities
Notes and accounts payable - trade
Accounts payable - otherAccrued expenses
Income taxes payable
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Retirement benefit liability
Asset retirement obligations
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-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustmentRemeasurements of defined benefit plans
Total accumulated other comprehensive income
Total net assets
Total liabilities and net assets

4As of June 30, 2022

3,883
815
1,518
456
1,446
8,121

4,111
701
1,040
125
1,777
7,755

900
1,302
68
1
91
2,363
10,484

900
1,280
64
1
127
2,374
10,1296,676
4,516
38,936(2,458)47,6706,676
4,516
38,703(2,458)47,437

216
232
(63)
113
499
48,16958,654

250
(161)
(49)
118
157
47,59557,724

(2) Quarterly Consolidated Statements of Income and Quarterly Consolidated Statements of Comprehensive
IncomeQuarterly Consolidated Statements of Income
Three months ended June 30(Millions of yen)

Net sales
Cost of sales
Gross income
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividend income
Foreign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
OtherTotal non-operating expenses
Ordinary income
Extraordinary income
Gain on sale of non-current assets
Total extraordinary income
Extraordinary losses
Loss on abandonment of non-current assets
Total extraordinary losses
Income before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
IncomeIncome attributable to owners of parent

5

Three months ended
June 30, 2021
(From April 1, 2021 toJune 30, 2021)
14,276
11,236
3,040
2,391
648

Three months ended
June 30, 2022
(From April 1, 2022 toJune 30, 2022)
14,732
12,016
2,715
2,387
327

4
10
40
14
69

4
1280
16
113

001716

1
23437

3
300

5
5713
192(5)
187
526
526

11436
107
5113323
323

Quarterly Consolidated Statements of Comprehensive Income
Three months ended June 30(Millions of yen)

IncomeOther 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 of parent

6

Three months ended
June 30, 2021
(From April 1, 2021 toJune 30, 2021)
526

Three months ended
June 30, 2022
(From April 1, 2022 toJune 30, 2022)
323

2(186)
2
16(164)361

33(393)13
4(341)(18)361(18)