This translation is to be solely as a reference and the consolidated financial statements in this release are unaudited.

Consolidated Financial Results For the Year Ended March 31, 2021
[Japanese Accounting Standards]
May 14, 2021
Company Name
Nippon Piston Ring Co., Ltd.
Stock Listing
Tokyo Stock Exchanges
6461
Code Number
URL
https://www.npr.co.jp/
Representative
Teruo Takahashi, President and Representative Director
Contact Person
Takeshi Shida, General Manager, Accounting and Finance Department+81-48-856-5011
Telephone
June 24, 2021
Scheduled date of general shareholders' meeting
June 25, 2021
Scheduled commencement date of dividend payment
June 24, 2021
Scheduled submission date of financial statements
Supplemental materials prepared for financial results
NoneConvening briefing of financial resultsYes (For analysts and institutional investors)(Amounts are rounded down to the nearest million yen)

1. Consolidated Financial Results For the Year Ended March 31, 2021 (April 1, 2020 to March 31, 2021)(Percentage figures represent year-on-year changes)(1) Consolidated Operating Results
Net income attributable toNet sales
Operating income
Ordinary income
owners of parentFiscal year ended
March 31, 2021
March 31, 2020

Millions of yen％

Millions of yen％

Millions of yen％

Millions of yen％

45,27654,881△ 17.5△ 3.8△ 1651,829△ 46.5355
1,776△ 80.0△ 47.2△ 813490△ 74.1(Note) Comprehensive income:Fiscal year ended March 31, 2021: △121 million yen ( ―%)Fiscal year ended March 31, 2020: △500 million yen ( ―%)Net income per share

Diluted net income
per share

Ratio of ordinary
income to total assets

Return on equity%
YenYenFiscal year ended
March 31, 2021
△ 102.56△ 2.8March 31, 2020
59.96
59.46
1.6
(Reference) Equity in earnings of affiliates: Fiscal year ended March 31, 2021: ― million yen
Fiscal year ended March 31, 2020: ― million yen(2) Consolidated Financial Position
Total assets

Net assets

Millions of yen

As of March 31, 2021
As of March 31, 2020
(Reference) Shareholders' equity

Shareholders' equity ratio

Ratio of operating
income to net sales

%%

0.6
2.7

△ 0.4
3.3

Net assets per share％

Millions of yen

Yen

61,80930,26746.4
63,60831,28946.9
As of March 31, 2021: 28,690 million yen
As of March 31, 2020: 29,827 million yen

3,740.29
3,686.97(3) Consolidated Cash Flows
Cash flows from operating Cash flows from investing Cash flows from financing Cash and cash equivalent
activities
activities
activities
at end of period
Millions of yen
Millions of yen
Millions of yen
Millions of yen
Fiscal year ended
March 31, 2021
4,358
△ 3,489596
4,766
March 31, 2020
3,669
△ 3,606△ 919
3,514
2. Dividends

YenYenYenYen

Yen

Millions of yen％

Ratio ofdividends tonet assets％-20.00
0.00

-

55.00
20.00

75.00
20.00

609
159

125.1
-

2.00.5

-

20.00

-

40.00

60.00

Dividend per share
2nd quarter 3rd quarter
Year end

1st quarter
Fiscal year ended March 31, 2020
Fiscal year ended March 31, 2021
Fiscal year ending March 31, 2022
(forecast)

Total dividends
for the year

Total

Payout ratio-

3. Forecasts of Consolidated Earnings For the Year Ending March 31, 2022 (April 1, 2021 to March 31, 2022)(Percentage figures represent year-on-year changes)

Net sales
Full year

Operating income

Net income attributable
Net income per shareto owners of parent

Ordinary income

Millions of yen％

Millions of yen％

Millions of yen％

Millions of yen％

Yen

50,00010.4

2,100-

2,100490.3

1,300-

163.95

* Notes(1) Changes in significant subsidiaries during the fiscal year ended March 31, 2021
(Changes in specified subsidiaries resulting in changes in scope of consolidation): None
(2) Changes in accounting policies, accounting estimates and restatement of corrections
1) Changes in accounting policies due to accounting standard change : None
2) Other changes in accounting policies: None
3) Changes in accounting estimates: None4) Restatement of corrections: None(3) Number of shares outstanding (common stock)1) Number of outstanding share at theend of the year (including treasury stocks)2) Number of treasury stock at the end of the year
3) Average number of shares outstanding
for the year

As of March 31, 2021

8,374,157 As of March 31, 2020

8,374,157

As of March 31, 2021

703,426 As of March 31, 2020

284,205

Fiscal Year ended
March 31, 2021

7,929,479

Fiscal Year ended
March 31, 2020

8,172,587(Reference)
1. Non-Consolidated Financial Results For the Year Ended March 31, 2021 (April 1, 2020 to March 31, 2021)(Percentage figures represent year-on-year changes)(1) Non-Consolidated Operating Results
Net sales
Fiscal year ended
March 31, 2021
March 31, 2020

Operating income

Ordinary income

Net income

Millions of yen％

Millions of yen％

Millions of yen％

Millions of yen％

27,09034,645△ 21.8△ 6.2△ 1,071△ 336-△ 413
868△ 63.3△ 671
687△ 73.6

Net income per share
Fiscal year ended
March 31, 2021
March 31, 2020

Diluted net income
per share

YenYen△ 84.6984.13-(2) Non-Consolidated Financial Position
Total assets
Millions of yen

As of March 31, 2021
As of March 31, 2020
(Reference) Shareholders' equity

Net assets

Shareholders' equity ratio

Millions of yen

Net assets per share％

56,13730,12953.6
56,50930,97054.6
As of March 31, 2021: 30,062 million yen
As of March 31, 2020: 30,853 million yen

Yen

3,919.12
3,813.86* This report is not subject to audit procedures by certified public accountants or auditing firm.
* Explanation regarding the appropriate use of forecasts, and other statements
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.