Note: 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, the original shall prevail.

Consolidated Financial Results For the Three Months Ended June 30, 2022
(Under Japanese GAAP)
August 10, 2022
Company Name:
Nippon Piston Ring Co., Ltd.
Listing:
Tokyo Stock Exchange
6461
Securities Code:
URL:
https://www.npr.co.jp/
Representative:
Teruo Takahashi, President and Representative Director
Inquiries:
Takeshi Shida, General Manager, Accounting and Finance Department+81-48-856-5011
Telephone:
August 10, 2022
Scheduled date to file quarterly securities report:
Scheduled date to commence dividend payments:
Preparation of supplementary material on quarterly financial results: None
Holding of quarterly financial results briefing:
None(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Consolidated Financial Results For the Three Months Ended June 30, 2022 (April 1, 2022 to June 30, 2022)(Percentages indicate year-on-year changes.)(1) Consolidated Operating Results
Profit attributable toNet sales
Operating profit
Ordinary profitowners of parent
Three months ended
June 30, 2022
June 30, 2021

Millions of yen％

Millions of yen％

Millions of yen％

Millions of yen％

13,40213,010

3.0
24.3

547
1,071(48.9)-935
1,196(21.8)
-479
765

(37.4)-(Note) Comprehensive income:Three months ended June 30, 2022: 1,648 million yen ( (34.5)%)
Three months ended June 30, 2021: 2,518 million yen ( - %)Basic earnings per share
Three months ended
June 30, 2022
June 30, 2021

Diluted earnings per share

YenYen

61.96
99.69

61.61
99.13(2) Consolidated Financial Position
Total assets

Net assets

Millions of yen

As of June 30, 2022
As of March 31, 2022
(Reference) Shareholders' equity

Equity-to-asset ratio

Net assets per share％

Millions of yen

Yen

68,73736,26649.9
67,37535,00649.2
As of June 30, 2022: 34,271 million yen
As of March 31, 2022: 33,140 million yen

4,427.68
4,287.90

2. Cash Dividends
Annual dividends per share
2nd quarter-end 3rd quarter-end Fiscal year-end

1st quarter-endYen

TotalYenYenYenYen

Fiscal year ended March 31, 2022
20.00
Fiscal year ending March 31, 2023
Fiscal year ending March 31, 2023 (forecast)
20.00(Note) Revisions to the forecast of cash dividends most recently announced: No-50.00

70.00-50.0070.00

3. Forecasts of Consolidated Earnings For the Year Ending March 31, 2023 (April 1, 2022 to March 31, 2023)(Percentage figures represent year-on-year changes)

Net sales
Full year

Operating profit

Basic earnings
per share

Profit attributable toowners of parent

Ordinary profit

Millions of yen％

Millions of yen％

Millions of yen％

Millions of yen％

Yen55,000

8.3

2,700

2.8

2,800(8.5)

1,900(1.5)

245.70(Note) Revisions to the forecast of consolidated earnings most recently released: No* Notes(1) Changes in significant subsidiaries during this period: None
(2) Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: None
(3) Changes in accounting policies, changes in accounting estimates, and restatement
1) Changes in accounting policies due to revisions to accounting standards and other regulations: Yes
2) Changes in accounting policies due to other reasons : None
3) Changes in accounting estimates: None4) Restatement: None
(4) Number of issued shares (common shares)
1) Total number of issued shares at the8,374,157 As of March 31, 2022
As of June 30, 2022
end of the period (including treasury shares)
2) Number of treasury shares at the end of the period
633,900 As of March 31, 2022
As of June 30, 2022
3) Average number of shares outstanding during
the period (cumulative from the beginning of
this fiscal year)

Three months ended
June 30, 2022

7,733,088

Three months endedJune 30, 2021

8,374,157
645,290
7,675,537* Quarterly financial results reports are exempt from quarterly review conducted by certified public accountants or an audit corporation.
* Proper use of earnings forecasts, and other special matters
The financial forecast and other descriptions of the future presented in this document are based on currently available information andassumptions which are deemed reasonable at present. Please note that a variety of factors could cause actual results to differ from the forecasts.