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

Consolidated Financial Results For the Three Months Ended June 30, 2020
[Japanese Accounting Standards]
August 7, 2020
Company Name
Nippon Piston Ring Co., Ltd.
Stock Listing
Tokyo Stock Exchanges
6461
Code Number
URL
https://www.npr.co.jp/
Representative
Teruo Takahashi, Representative Director and President
Contact Person
Naohiro Tsubaru, Operating Officer, General Manager of Accounting and Finance Department+81-48-856-5011
Telephone
August 14, 2020
Scheduled submission date of quarterly financial statements
Scheduled commencement date of dividend payment
Supplemental materials prepared for quarterly financial results
NoneConvening briefing of quarterly financial results
None(Amounts are rounded down to the nearest million yen)

1. Consolidated Financial Results For the Three Months Ended June 30, 2020 (April 1, 2020 to June 30, 2020)(Percentage figures represent changes from the previous corresponding period)(1) Consolidated Operating Results
Net income attributable toNet sales
Operating income
Ordinary income
owners of parentThree months ended
June 30, 2020
June 30, 2019

Millions of yen％

Millions of yen％

Millions of yen％

Millions of yen％

10,466
13,227△ 20.9△ 7.4△ 62738△ 97.0△ 60183△ 93.7△ 1,023△ 155-(Note) Comprehensive income:Three months ended June 30, 2020: △1,110 million yen ( - %)Three months ended June 30, 2019: △145 million yen ( - %)Net income per share

Three months ended
June 30, 2020
June 30, 2019(2) Consolidated Financial Position
Total assets

Diluted net income per shareYenYen△ 126.46△ 18.92-Net assets

Millions of yen

As of June 30, 2020As of March 31, 2020
(Reference) Shareholders' equity

Shareholders' equity ratio

Net assets per share％

Millions of yen

Yen

63,08429,731
44.8
63,60831,28946.9
As of June 30, 2020: 28,265 million yen
As of March 31, 2020: 29,827 million yen

3,493.90
3,686.97

2. Dividends
1st quarter
Fiscal year ended March 31, 2020
Fiscal year ending March 31, 2021
Fiscal year ending March 31, 2021 (forecast)

Dividend per share
3rd quarter2nd quarter

Year end

Full yearYen

Yen

Yen

Yen

Yen-20.00

-

55.00

75.00

----(Note) The dividend forecast for the fiscal year ending March 31, 2021 has not been determined at this time.
3. Forecasts of Consolidated Earnings For the Year Ending March 31, 2021 (April 1, 2020 to March 31, 2021)(Percentage figures represent changes from the previous corresponding period)

Net sales

Net income attributable
Net income per shareto owners of parent

Ordinary income％

Millions of yen％

Millions of yen％

Millions of yen％

Yen

43,000 △ 21.6

△ 2,000-△ 1,700-△ 2,500-△ 309.02

Millions of yen

Full year

Operating income(Note) NPR announces the forecasts of consolidated earnings for the year ending March 31, 2021 which had not been determinedat the time of announcement of the consolidated earnings results for the previous fiscal year on May 20, 2020.

* Notes(1) Changes in significant subsidiaries during the three months ended June 30, 2020
(Changes in specified subsidiaries resulting in changes in scope of consolidation): None
(2) Adoption of specific accounting method for quarterly consolidated financial statements: None
(3) 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: None3) Changes in accounting estimates: None
4) Restatement of corrections: None(4) Number of shares outstanding (common stock)1) Number of outstanding share at the8,374,157 As of March 31, 2020
As of June 30, 2020end of the period (including treasury stocks)2) Number of treasury stock at the end of the period
284,278 As of March 31, 2020
As of June 30, 2020
3) Average number of shares outstanding
during the period

Three months endedJune 30, 2020

8,089,902

Three months ended
June 30, 20198,374,157
284,205
8,224,267* 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.