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, 2022
(Based on Japanese GAAP)
August 10, 2022
Company name:Takashima & Co.,LTD.

Stock exchange listing: Tokyo
Stock code:
8007
Representative:
Inquiries:

URL

https://www.tak.co.jp/en/index.html

President
Accounting Unit Manager

Koichi Takashima
Koki SakaiScheduled date to file Quarterly Securities Report:
Scheduled date to commence dividend payments:

August 10, 2022–

Preparation of supplementary material on quarterly financial results:
Holding of quarterly financial results meeting:

YesNo

TEL

+81-3-5217-7297(Amounts 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)
Percentages indicate year-on-year changes
Profit attributable toNet sales
Operating profitOrdinary profit
owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
Three months ended June 30, 2022
17,674(2.3)
188 (26.6)
300(7.4)
191 (20.8)
Three months ended June 30, 2021
18,084(5.4)
256(5.3)
324
14.7
242
(0.5)
Earnings per share

Diluted earnings per share

Yen
42.85
53.71

Three months ended June 30, 2022
Three months ended June 30, 2021

Yen––(2) Consolidated financial position
Total assets

Net assets

Millions of yen
45,48245,176

As of June 30, 2022
As of March 31, 2022

Equity ratio

Millions of yen
18,36018,477

Net assets per share%
40.4
40.9

Yen
4,103.47
4,129.61

2. Cash dividends
Annual dividends per share

Year ended March 31, 2022
Year ending March 31, 2023

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––

Yen
0.00

Yen–

Yen
130.00Yen
130.00

70.00

–

70.00

140.00Year ending March 31, 2023 (Forecast)Total

3. Forecast of consolidated financial results for the year ending March 31, 2023 (from April 1, 2022 to March 31, 2023)

Net salesFull year

Millions of yen
82,000Percentages 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
10.7
1,800
16.3
1,900
3.2
1,400
8.0
312.901

4. Notes(1) Changes in significant subsidiaries during the three months ended June 30, 2022
(changes in specified subsidiaries resulting in the change in scope of consolidation):(2) Application of special accounting methods for preparing quarterly consolidated financial statements:

NoNo(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:

No
No

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, 2022

4,500,973 shares As of March 31, 2022

4,500,973 shares

26,702 shares As of March 31, 2022

26,677 shares

Number of treasury shares at the end of the period
As of June 30, 2022

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Three months ended June 30, 2022

4,474,277 shares Three months ended June 30, 2021

24,507,509 shares

Quarterly consolidated financial statements
Consolidated balance sheets
As of March 31, 2022
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade, and contract
assetsMerchandise and finished goods
Work in process
Raw materials and supplies
Costs on construction contracts in progress
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
Retirement benefit asset
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

3(Millions of yen)
As of June 30, 2022

7,305

7,078

22,292

22,071

4,091
118
1,215
7440
(47)
35,423

4,526
62
1,356
29433
(44)
35,513

4,252
514

4,284
600

2,992
298
1,872(176)
4,986
9,753
45,176

3,078
301
1,875
(172)
5,082
9,968
45,482

As of March 31, 2022
Liabilities
Current liabilities
Notes and accounts payable - trade
Electronically recorded obligations - operating
Short-term borrowings
Income taxes payable
Provision for bonuses
Provision for bonuses for directors (and otherofficers)
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Retirement benefit liability
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
Revaluation reserve for land
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Total net assets
Total liabilities and net assets

4(Millions of yen)
As of June 30, 2022

14,123
3,864
926
384
427

14,887
3,388
1,286
110
227

35

10

1,262
21,024

1,511
21,422

3,360
68
2,246
5,675
26,699

3,300
75
2,323
5,699
27,1213,8011,725
11,792(56)
17,262

3,801
1,725
11,402(56)
16,872

738

796

417
36
21
1,214
18,47745,176

417
251
22
1,487
18,36045,482

Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)
Consolidated statements of income (cumulative)(Millions of yen)Three months ended
Three months ended
June 30, 2021
June 30, 2022
Net sales
18,084
17,674
Cost of sales
16,17015,694Gross profit
1,914
1,980
Selling, general and administrative expenses
1,657
1,791
Operating profit
256
188
Non-operating income
Interest income
97
Dividend income
4664
Foreign exchange gains–
25
Share of profit of entities accounted for using equity–
1
methodReversal of allowance for doubtful accounts
27
Other
2329
Total non-operating income
81136
Non-operating expenses
Interest expenses
58
Foreign exchange losses
0–
Share of loss of entities accounted for using equity
2–
methodLoss on abandonment of non-current assets–
8Allowance for Absence from work
46
Other
11
Total non-operating expenses
1324
Ordinary profit
324
300
Profit before income taxes
324
300
Income taxes - current
6578
Income taxes - deferred
1729
Total income taxes
82
108
Profit242
191
Profit attributable to owners of parent
242
191

5

Consolidated statements of comprehensive income (cumulative)

ProfitOther comprehensive income
Valuation difference on available-for-sale securities
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 ofparent
Comprehensive income attributable to noncontrolling interests

6

Three months ended
June 30, 2021
242

(Millions of yen)Three months ended
June 30, 2022
191

(168)
170
(12)
(10)
231

58
214
0272
464

231

464

––