Note:This document is a translation of a part of the original Japanese version and provided for reference purposes only. In the event of any discrepancy
between the Japanese original and this English translation, the Japanese original shall prevail.

Summary of consolidated Financial Results
for the Six Months Ended November 30, 2021
[Japanese GAAP]
January 11, 2022
Company name: Tama Home Co., Ltd.
Stock exchange listing: Tokyo,Fukuoka
Code number: 1419
URL: https://www.tamahome.jp/
Representative: Shinya Tamaki
President & Representative Director
Contact: Shunichi Takeshita
Executive Director
Phone: 03-6408-1200
Scheduled date of filing quarterly securities report: January 11, 2022
Scheduled date of commencing dividend payments: Availability of supplementary briefing material on quarterly financial results: Yes
Schedule of quarterly financial results briefing session: Yes(Amounts of less than one million yen are rounded down)
1. Consolidated Financial Results for the Six Months Ended November 30, 2021 (June 01, 2021 to November 30, 2021)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Profit attributable toNet sales
Operating profit
Ordinary profit
owners of parent
Million yen%
Million yen%
Million yen%
Million yen%Six months ended
November 30, 2021
115,104
16.7
6,016
42.0
6,247
48.5
4,101
30.3
November 30, 2020
98,634
(0.6)
4,237
3.0
4,206
5.5
3,147
25.4
(Note) Comprehensive income:Six months ended November 30, 2021:¥4,121 million [33.6%]
Six months ended November 30, 2020:¥3,083 million [31.4%]
Basic earnings
per share
Six months ended
November 30, 2021
November 30, 2020

Diluted earnings pershare
YenYen139.53106.85-(2) Consolidated Financial Position
Total assets
Million yen
As ofNovember 30, 2021
111,902
May 31, 2021
100,216(Reference) Equity: As of November 30, 2021:
As of May 31, 2021:

Net assets

Equity ratio

Million yen¥¥

26,94026,214
26,848 million
26,141 million

%

24.0
26.1

2. Dividends
Dividend per share
1stquarter-end

2ndquarter-end

3rdquarter-end

Yen

Yen

Yen

Yen

Yen

Fiscal year ended May 31, 2021

-0.00

-

100.00100.00Fiscal year ending May 31, 2022

-0.00
-

115.00115.00Fiscal year ending May 31, 2022
(Forecast)(Note) Revision to the forecast for dividends announced most recently:
Yes(Note) Breakdown of the 2nd quarter dividend for the fiscal year ending May 31, 2022 :Commemorative dividend- yenSpecial dividend- yenYear-endTotal

3. Consolidated Financial Results Forecast for the Fiscal Year Ending May 31, 2022(June 01, 2021 to May 31, 2022)(% indicates changes from the previous corresponding period.)
Profit attributable to Basic earnings
Net sales
Operating profit
Ordinary profit
owners of parent
per share%

Million yen%

Million yen%

Yen

Full year
235,000
7.8
12,0009.1(Note) Revision to the financial results forecast announced most recently:

Million yen%

Million yen

12,000
Yes

8.2

7,600

6.0

258.96* Notes:(1) Changes in significant subsidiaries during the six months ended November 30, 2021
(changes in specified subsidiaries resulting in changes in scope of consolidation):
New(Company name:
Exclusion:(Company name:No(2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements:(3) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards: Yes
2) Changes in accounting policies other than 1) above: No
3) Changes in accounting estimates: No4) Retrospective restatement: No(4) Total number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury shares):
November 30, 2021:
29,455,800 shares
May 31, 2021:
29,455,800 shares2) Total number of treasury shares at the end of the period:
November 30, 2021:
151,501 shares
May 31, 2021:
1 shares
3) Average number of shares during the period:
Six months ended November 30, 2021:
Six months ended November 30, 2020:

29,392,467 shares
29,455,799 shares))
NoQuarterly Consolidated Financial Statements
Quarterly Consolidated Balance Sheets(Million yen)
As of May 31,2021
AssetsCurrent assets
Cash and deposits
Notes receivable, accounts receivable fromcompleted construction contracts and other
Operating loans
Real estate for sale
Costs on construction contracts in progress
Real estate for sale in process
Other inventories
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles, net
Land
Other, net
Total property, plant and equipment
Intangible assets
Investments and other assets
Investments and other assets
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

As of November 30,2021

32,681

37,211

1,294

1,562

7,200
9,234
12,054
10,225599
1,321(8)74,603

6,521
7,580
16,10015,540605
1,263(8)86,3788,926
3,0296,587
188
18,732
953

8,548
2,978
6,655
537
18,719
1,071

6,439
(513)
5,926
25,612100,216

6,243
(511)
5,732
25,523111,902

(Million yen)
As of May 31,2021
Liabilities
Current liabilities
Notes payable, accounts payable for construction
contracts and other
Short-term borrowings
Current portion of long-term borrowings
Income taxes payable
Advances received on construction contracts inprogress
Provision for warranties for completed
construction
Provision for bonuses
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
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-salesecurities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets

As of November 30,2021

15,301

18,57912,588356
2,858

14,969338
2,009

25,88031,707

1,341

1,422

244
9,792
68,363242
7,798
77,066

2,140
1,816
1,681
5,638
74,001

4,282
1,814
1,797
7,894
84,961

4,310
4,280
17,334(0)25,924

4,310
4,280
18,490(450)
26,629

19

15

3
193
216
73
26,214
100,216

2200
218
92
26,940111,902

Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statements of Income (For the six months)(Million yen)
For the six months
ended November 30,2020
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profitNon-operating income
Interest income
Dividend income
Purchase discounts
Foreign exchange gains
Penalty income
Settlement received
Share of profit of entities accounted for using equity
methodOther
Total non-operating income
Non-operating expenses
Interest expenses
Foreign exchange losses
Share of loss of entities accounted for using equity
methodOther
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Gain on sale of investment securities
Foreign currency translation adjustments reversalgains
Total extraordinary income
Extraordinary lossesLoss on retirement of non-current assets
Loss on cancellation of leases
Impairment losses
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

For the six months
ended November 30,2021

98,63474,89023,743
19,506
4,237

115,104
88,042
27,062
21,046
6,016

0
0
32
43-

00
34
13
48
150

9-

80
167

83
331

121
159-

-

275
198
4,206

37
99
6,247

44
0-

31-

77-

4211544,229
780
290
1,070
3,159
11
3,147

50
53
59
6,188
1,879
191
2,071
4,117
16
4,101Quarterly Consolidated Statements of Comprehensive Income (For the six months)(Million yen)
For the six months
ended November 30,2020
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
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 ofparent
Comprehensive income attributable to non-controllinginterests

For the six months
ended November 30,2021

3,159

4,117(7)
(3)
(62)

(3)
(1)
9(2)

(0)

(75)
3,083

4
4,121

3,072

4,103

1118Quarterly Consolidated Statements of Cash Flows(Million yen)
For the six months
ended November 30,2020
Cash flows from operating activities
Profit before income taxes
Depreciation
Impairment losses
Loss (gain) on sale of non-current assets
Loss on retirement of non-current assets
Loss on cancellation of leases
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in provision for warranties forcompleted construction
Interest and dividend income
Interest expenses
Settlement received
Decrease (increase) in trade receivables
Decrease (increase) in inventories
Increase (decrease) in trade payables
Increase (decrease) in accrued consumption taxes
Increase (decrease) in advances received on
construction contracts in progress
Other, net
SubtotalInterest and dividends received
Interest paid
Payments for cancellation of leases
Income taxes paid
Other, net
Net cash provided by (used in) operating activities
Cash flows from investing activities
Purchase of property, plant and equipment
Proceeds from sale of property, plant and equipment
Purchase of intangible assets
Proceeds from collection of loans receivable
Other, net
Net cash provided by (used in) investing activities
Cash flows from financing activities
Net increase (decrease) in short-term borrowings
Proceeds from long-term borrowings
Repayments of long-term borrowings
Purchase of treasury shares
Dividends paid
Dividends paid to non-controlling interests
Repayments of installment payables
Other, net
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash
equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period

For the six months
ended November 30,2021

4,229
846
(44)
42
11
6

6,188
777
350
5(2)

77

81

(0)
121(2,088)
(96)
313
60

(1)
59(150)434(7,713)
3,277(1,514)

4,720

5,826

(923)
7,277
1(119)(11)(2,244)
0
4,903

(549)
6,774
1(64)
(5)
(2,685)
1
4,022(633)
236
(2)
1(13)
(410)

(492)
(81)
1(27)
(600)

(1,072)161(1,087)(2,058)
(11)
(3)
(49)
(4,121)

2,381
2,415
(291)
(450)
(2,941)
(3)
(7)
1,101

(0)

6

371
30,99331,364

4,529
32,681
37,211