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, 2021
[Japanese GAAP] (Consolidated)
July 27, 2021
Company name: Tatsuta Electric Wire & Cable Co., Ltd.
Stock exchange listing: Tokyo Stock Exchange
Stock Code: 5809
URL: http://www.tatsuta.com
Representative: Hirohito Miyashita, President and Representative Director
Contact: Masafumi Imai, Director, Executive Officer, General Manager of Accounting and Finance Department
Phone: +81-6-6721-3011
Scheduled date of filing Quarterly Report: August 5, 2021
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, 2021 (From April 1, 2021 to June 30,2021)(1) Consolidated Operating Results (Cumulative)(% indicates changes from the previous corresponding period.)% Millions of yen% Millions of yen

Income attributable toowners of parent% Millions of yen%

14,276

6.8

648

(6.5)

716

1.8

526

13,365

(0.3)

693

61.4

703

54.9

517 61.6

Net sales

Operating income

Millions of yen

Three months ended
June 30, 2021
Three months ended
June 30, 2020

Ordinary income

1.7(Note) Comprehensive income: Three months ended June 30, 2021: 361 million yen [(64.4)%]
Three months ended June 30, 2020: 1,015 million yen [599.8%]
Yen

Diluted earnings pershare
Yen

8.52

-

8.38

-

Income per share
Three months ended
June 30, 2021
Three months ended
June 30, 2020

(2) Consolidated Financial Position
Total assets
Millions of yen
As ofJune 30, 2021
As ofMarch 31, 2021

Net assets
Millions of yen

Equity ratio%

Net assets per share
Yen

55,91946,70683.5

756.0056,961

46,901

82.3

759.14(Reference) Equity: As of June 30, 2021: 46,706 million yen
As of March 31, 2021: 46,901 million yen

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, 2021
Fiscal year ending
March 31, 2022
Fiscal year ending
March 31, 2022
(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, 2022 (From April 1, 2021 toMarch 31, 2022)(% indicates changes from the previous corresponding period.)
Net sales
Millions of yen

Operating income% Millions of yen

Income attributable toowners of parent

Ordinary income% Millions of yen% Millions of yen

Incomeper share%

YenFirst half

32,10017.2

1,700(15.5)

1,750(13.9)

1,300(11.0)

21.04

Full year

65,200

19.6

3,600

1.9

3,700

1.9

2,650

0.2

42.89

(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: Yes
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, 2021
70,156,394 shares
As of March 31, 2021
70,156,394 shares2) Total number of treasury shares at the end of the period:
As of June 30, 2021
8,374,607 shares
As of March 31, 2021
8,374,360 shares
3) Average number of shares during the period (cumulative quarterly period):
Three months ended June 30, 2021
61,781,931 shares
Three months ended June 30, 2020
61,782,434 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 ................................................................................................ 4(1) Quarterly Consolidated Balance Sheets ............................................................................................................. 4(2) Quarterly Consolidated Statements of Income and Quarterly Consolidated Statements of Comprehensive
Income ............................................................................................................................................................... 6

1. Qualitative Information on Financial Results for the Quarterly Period Under Review(1) Overview of business results
During the three months ended June 30, 2021, although the Japanese economy remains in a harsh situation owing
to the impact of COVID-19 and restrictions on social and economic activity continue, there are signs pointing torecovery in areas including corporate earnings, capital investment, and production. In the world economy as well,although conditions are harsh due to the global spread of COVID-19, vaccine administration is gradually progressing
and there are signs of a recovery, creating an atmosphere of hope regarding the future.
Domestic quotation prices for copper, the main raw material used for the Company’s products, have been risingsince the beginning of the previous fiscal year, causing the average domestic quotation prices for copper during thethree months ended June 30, 2021, to be on levels significantly higher compared to the same period of the previous
fiscal year.
At the same time, demand for electric wires for infrastructure have been on a recovery trend from the significant
decline during the previous fiscal year due to the impact of COVID-19, and in the equipment wire and cable businessas well, a recovery in demand was seen from some users. Although sales of mobile terminals, the main usage offunctional films, were strong, the materials demand was affected by inventory adjustments by users.
In this environment, net sales for the three months ended June 30, 2021, were 14,276 million yen (up 6.8% year onyear), recording higher income, operating income was 648 million yen (down 6.5% year on year), recording lowerprofit, ordinary income was 716 million yen (up 1.8% year on year), and income attributable to owners of parent was
526 million yen (up 1.7% year on year), recording a slight increase in profit.

An overview of the Group’s business performance by segment is as follows:[Electric Wire and Cable Business]
Although electric wires for infrastructure are on a recovery trend from the impact of COVID-19, sales volume wasdown (down 7.5% year on year) compared to the relatively solid corresponding period of the previous fiscal year.
Meanwhile, owing to factors such as the significant increase in copper prices, and a recovery in demand at somecustomers for equipment wire and cable, segment net sales were 9,550 million yen (up 14.5% year on year). Operating
income was 191 million yen (up 272.5% year on year) due to the effect of movements in copper prices and a recovery
in the equipment wire and cable business, etc., despite a rise in raw materials prices.

[Electronic Materials Business]
Demand for functional films, our flagship products, saw a decline in sales volume (down 9.1% year on year) owingto factors such as the effects of inventory adjustments by users, resulting in segment net sales of 4,249 million yen(down 8.5% year on year). Although we endeavored to reduce costs, etc., factors such as a deterioration in the sales
mix resulted in operating income of 649 million yen (down 23.3% year on year).

[Other Businesses]
In each of the businesses of our sensor, medical equipment materials, and environmental analysis businesses, arecovery from the subdued demand caused by the impact of COVID-19 was seen in some areas, and segment netsales were 485 million yen (up 24.4% year on year), while operating loss was 10 million yen (operating loss of 44

1

million yen in the same period of the previous fiscal year).

As a company, our priority will be to continue to secure the safety of our employees and society through intensive
COVID-19 countermeasures and fulfill our responsibility to maintain supply to our customers. On this premise, while
accurately capturing demand that is now on a recovery trend, we will promote growth through response to increasing
business opportunities associated with the spread of 5G and the expansion of a carbon-neutral society.
(2) Overview of financial position
Total assets at the end of the three months ended June 30, 2021, decreased by 1,042 million yen from the end of theprevious fiscal year to 55,919 million yen, mainly due to a decrease in short-term loans receivable.
Total liabilities decreased by 847 million yen from the end of the previous fiscal year to 9,212 million yen primarily
as a result of decreases in income taxes payable and accrued expenses.
Total net assets decreased by 194 million yen from the end of the previous fiscal year to 46,706 million yen mainly
due to a decrease in retained earnings stemming from the payment of dividends and a decrease in deferred gains or losses
on hedges, despite the posting of income attributable to owners of parent.
As a result, the equity ratio increased by 1.2 percentage points from the end of the previous fiscal year to 83.5%.
(3) Overview of forward-looking information such as consolidated financial results forecasts
Revision to Consolidated Financial Results Forecast for the First Half of the Fiscal Year Ending March 31, 2022
(From April 1, 2021 to September 30, 2021)

Net sales
Previously
announced forecast(A)
Newly announced
forecast (B)Amount of change(B-A)
Percent change (%)(Reference)
Results for the firsthalf of the fiscal year
ended March 31,2021

OperatingincomeOrdinary
income(Millions of yen, unless otherwise stated)
IncomeIncome per
attributable toshareowners of parent

30,400

2,300

2,350

1,700

27.52 yen

32,100

1,700

1,750

1,300

21.04 yen

1,700(600)

(600)

(400)

(6.48) yen

5.6%(26.1)%(25.5)%(23.5)%(23.5)%

27,386

2,011

2,032

1,460

23.64 yen

2

Revision to Consolidated Financial Results Forecast for the Full Year of the Fiscal Year Ending March 31, 2022
(From April 1, 2021 to March 31, 2022)

Net sales
Previouslyannounced forecast(A)
Newly announced
forecast (B)Amount of change(B-A)
Percent change (%)(Reference)
Results for the fiscalyear ended March 31,2021(Millions of yen, unless otherwise stated)
IncomeOrdinary income
attributable to
Income per shareowners of parent

Operatingincome

60,300

4,000

4,100

2,900

46.94 yen

65,2003,6003,700

2,650

42.89 yen

4,900(400)

(400)

(250)

(4.05) yen

8.1%(10.0)%(9.8)%(8.6)%(8.6)%

54,516

3,532

3,629

2,645

42.83 yen(Reasons for revision)
Financial results forecasts for the first half and full year of the fiscal year ending March 31, 2022, have been modified
compared to the financial results forecast announced at the earnings announcement on May 12, 2021, primarily due tothe following reasons.
In the electric wire and cable business, sales volume of electric wires for infrastructure during the first half is projected
to fall short of the previous fiscal year despite a recovery trend, but both sales and profits are projected to be higher due
to the effects of an increase in copper prices, etc.
In the electronic materials business, sales and profits are projected to decrease in the first half due to the effects ofinventory adjustments by users and semiconductor shortages, etc., during the first half. Additionally, for the full year, arecovery in some areas is projected to occur during the second half, narrowing the gap for the decline in profit.

*The above forecasts are projections utilizing judgments based on information currently obtainable, and include
various uncertain factors. Actual values for business results may differ from forecast figures due to various future factors.

32. Quarterly Consolidated Financial Statements(1) Quarterly Consolidated Balance Sheets(Millions of yen)
As of March 31, 2021
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - tradeFinished goods
Work in process
Raw materials and supplies
Short-term loans receivable
OtherAllowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, netMachinery, equipment and vehicles, netTools, furniture and fixtures, net
LandConstruction 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

4

As of June 30, 2021

1,444
14,457
2,491
5,304
1,244
12,5791,271(13)38,7801,459
16,390
2,777
5,801
1,176
9,231
771
(13)
37,594

7,610
3,357
355
3,799
606
15,728

7,560
3,214
386
3,799
828
15,790

138
9
5
5
158

135
10
5
6
156

922
11
986
566
(193)
2,293
18,181
56,961

928
11
1,064
565
(190)
2,378
18,32555,919(Millions of yen)
As of March 31, 2021
Liabilities
Current liabilities
Notes and accounts payable - trade
Accounts payable - otherAccrued expenses
Income taxes payable
Other
Total current liabilities
Non-current liabilities
Long-term borrowingsRetirement 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 adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Total net assets
Total liabilities and net assets

5As of June 30, 2021

3,757
928
1,469
541
979
7,676

3,786
682
1,007
198
1,105
6,780

900
1,301
70
1109
2,383
10,060

900
1,368
70
1
91
2,432
9,212

6,676
4,516
37,717(2,458)46,452

6,676
4,516
37,688(2,458)46,422

212
414
(62)
(114)
449
46,901
56,961

214
228
(60)
(98)
284
46,70655,919(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 incomeSelling, 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
Foreign exchange losses
Other
Total 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

Three months ended June 30, 2020 Three months ended June 30, 2021
(From April 1, 2020 to(From April 1, 2021 toJune 30, 2020)
June 30, 2021)
13,365
14,276
10,208
11,236
3,157
3,040
2,463
2,391
693
648

IncomeIncome attributable to owners of parent

62
10
11
23

4
10
40
14
69

1
9
2
13
703

0
0
1
716

-

33703
178
7185
517
517

5
5713
192
(5)
187
526
526

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

Three months ended June 30, 2020 Three months ended June 30, 2021
(From April 1, 2020 to(From April 1, 2021 toJune 30, 2020)
June 30, 2021)
517
526

7

9474
(7)
21497
1,015

2(186)
216(164)361

1,015361