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 Nine Months Ended December 31, 2021
(Under Japanese GAAP)
February 9, 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:
February 9, 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 Nine Months Ended December 31, 2021 (April 1, 2021 to December 31, 2021)(Percentages indicate year-on-year changes.)(1) Consolidated Operating Results (cumulative)
Profit attributable toNet salesOperating profit
Ordinary profit
owners of parent
Nine months ended
December 31, 2021
December 31, 2020

Millions of yen％

Millions of yen％

Millions of yen％

Millions of yen％

37,99332,10118.4△ 22.52,420△ 703-

2,646
△ 319

-

1,767
△ 1,312-(Note) Comprehensive income:For the nine months ended December 31, 2021: 3,936 million yen ( - %)For the nine months ended December 31, 2020: △1,379 million yen ( - %)Basic earnings per share
Nine months ended
December 31, 2021
December 31, 2020
(2) Consolidated Financial Position
Total assets

Diluted earnings per share

Yen

Yen

229.64△ 163.93

228.34-Net assets

Millions of yen

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

Equity-to-asset ratio

Net assets per share％

Millions of yen

65,62533,92061,80930,267
As of December 31, 2021: 32,146 million yen

Yen

49.0
4,162.43
46.4
3,740.29
As of March 31, 2021: 28,690 million yen

2. Cash Dividends
1st quarter-end

Annual dividends per share
2nd quarter-end 3rd quarter-end Fiscal year-endYenTotalYen

Yen

Yen

Yen

Fiscal year ended March 31, 2021
0.00
Fiscal year ending March 31, 2022
20.00
Fiscal year ending March 31, 2022 (forecast)(Note) Revisions to the forecast of cash dividends most recently announced: Yes-20.00

20.00

50.00

70.00

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 profit

Profit attributable toowners of parent

Ordinary profit

Earnings per share

Millions of yen％

Millions of yen％

Millions of yen％

Millions of yen％

Yen

51,00012.6

2,700-

2,900715.1

1,900-

246.86(Note) Revisions to the forecast of consolidated earnings most recently released: Yes* 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 theAs of December 31,
8,374,157 As of March 31, 2021
2021
end of the period (including treasury shares)
2) Number of treasury shares at the end of the period

As of December 31,2021

3) Average number of shares outstanding during
the period (cumulative from the beginning of
this fiscal year)

Nine months ended
December 31, 2021

8,374,157651,063 As of March 31, 2021

703,426

Nine months ended
December 31, 2020

8,008,061

7,696,580* 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.