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Consolidated Financial Results for the Fiscal Year Ended March 31, 2022 [Japanese GAAP]

Company Name
Securities Code
RepresentativeInquiries

May 12, 2022
(Listed on Tokyo Stock Exchange)
4246
URL http://www.daikyonishikawa.co.jp/en/
Nariaki Uchida, Representative Director and President
Motoharu Nishikimura, Director and Senior Managing Executive Officer andCorporate Planning Division Manager
Tel. 082-493-5610

DaikyoNishikawa Corporation

Scheduled date of annual general meeting of shareholders
Scheduled date to commence dividend payments
Scheduled date to file securities report
Preparation of supplementary materials on financial results
Holding of annual results meeting: June 17, 2022
: June 20, 2022
: June 17, 2022
: None: Yes(Amounts less than one million yen are rounded off)
１.Consolidated results for the fiscal year ended March 31, 2022
(1) Consolidated operating results(Percentages indicate year-on-year changes)
Net SalesFiscal year ended

Operating income

millions of yen% millions of yen

Profit attributable toowners of the parent

Operating income% millions of yen% millions of yen%

March 31, 2022
116,669-22.3(2,632)－(985)－(2,085)－
March 31, 2021
150,234
-17.6
4,456
-50.5
5,386
-43.3
2,536-48.3
Note:Comprehensive income For the fiscal year ended March 31, 2022 :(724) million yen (－%)
For the fiscal year ended March 31, 2021 :
1,505 million yen ( -72.2%)
Net income
per share
Fiscal year ended

Diluted netincome per share

Net income/shareholders' equity

yen％

yen

Ordinary income/ Operating income
total assets/ net sales％％

March 31, 2022
-29.37
－-2.8
-0.6
-2.3
March 31, 2021
35.75
－
3.3
3.5
3.0
Reference : Share of profit (loss) of investments accounted for using equity method
For the fiscal year ended March 31, 2022 :125 million yen
For the fiscal year ended March 31, 2021 :400 million yen
Note : The Company has applied the“Accounting Standard for Revenue Recognition”with effect fromthe beginning of fiscal year ended March 31,2022.The consolidated operating results for thefiscal year ended March 31,2021 are based on the previous accounting standards.
(2) Consolidated financial position
Total assets
As ofShareholders'equity ratio

Net assets

millions of yen

millions of yen

Net assets
per share％yen

March 31, 2022
156,162
76,918March 31, 2021
159,295
79,889Reference : Shareholders' Equity
As of March 31, 2022:

47.5
48.5
74,231 million yen

As of March 31, 2021:

77,327 million yen

1,045.26
1,089.41(3) Consolidated cash flows
Cash and cash
Cash flows from
Cash flows from
Cash flows fromequivalents at the end
operating activities investing activities financing activitiesof period
Fiscal year ended

millions of yen

millions of yen

millions of yen

millions of yen

March 31, 2022
March 31, 2021

3,705
16,788(20,107)(17,567)

3,579
8,565

20,86732,967

2. Dividends
Cash dividends per shareFirst
SecondThird
quarter-end quarter-end quarter-end
Fiscal year ended
yen
yen
yen

Ratio of

Dividend

Fiscalyear-end
yen

Total

Total cash payout ratio dividends todividends (Consolidated) net assetyen

millions of yen%(Consolidated)
%

2,129
2,130

83.9
－

2.8
2.8

March 31, 2022
March 31, 2021

－－

13.00
15.00

－－

17.00
15.00

30.00
30.00

Year ending March31,2023(Forecasts)－－－－－－

Note: The forecast of cash dividends for the year ending March 31, 2023 have yet to be determined at
this point.
It will be announced once the forecast of the financial results becomes possible to be disclosed.
3.Consolidated earnings forecasts for the fiscal year ending March 31, 2023
The Company has been intermittently shutdown, it is being in a difficult situation to foresee the future
due to shutdown of car manufacturers since the production volume of car manufacturers was rapidly decreased
due to the overseas lockdown by re-expansion of COVID-19 pandemic and under the condition of shortage of asemiconductor or other part supply.
Given this situation, as there are many uncertainties at this time that could affect the financialresults,the Company has determined that it would be difficult to appropriately and reasonably calculate theforecast of the financial results.Accordingly,the forecast of the financial results is yet to bedetermined. The forecast of the financial results will be announced promptly once it becomes possible tomake a reasonable calculation.
* Note(1) Changes in significant subsidiaries during the period(changes in specified subsidiaries resulting in the change in scope of consolidation)： None(2) Changes in accounting policies, changes in accounting estimates, and restatement of prior period
financial statements
1) Changes in accounting policies due to revisions to accounting： Yes
standards and other regulations
2) Changes in accounting policies due to other reasons： None3) Changes in accounting estimates： None4) Restatement of prior period financial statements： None(3) Number of shares outstanding (Common shares)
1) Total number of shares outstanding including treasury stocks

As of March 31, 2022

73,896,400 shares

As of March 31, 2021

73,896,400 shares

As of March 31, 2022

2,878,899 shares

As of March 31, 2021
Fiscal year ended March 31, 2022

71,006,399 sharesFiscal year ended March 31, 2021

70,943,341 shares

2) Number of treasury stocks
3) Average number of shares during the period

2,914,981 shares(Reference) Summary of non-consolidated financial results
1. Non-consolidated financial results for the fiscal year ended March 31, 2022
(1) Non-consolidated operating results(Percentages indicate year-on-year changes)
Net sales

Operating income

Fiscal year ended millions of yen

March 31, 2022
March 31, 2021

90,797
114,984% millions of yen

-21.0
-23.5

Net income
per share982
2,409

Ordinary income% millions of yen

-59.2
-62.0

3,278
2,859

Net income% millions of yen

14.7-56.8%2,697
1,860

45.0
-49.2

Diluted net
income per share

Fiscal year ended

yenyenMarch 31, 2022
March 31, 2021

37.98
26.22

－－(2) Non-consolidated financial position
Total assets
As ofmillions of yen

March 31, 2022
104,164
March 31, 2021
110,481
Reference: Shareholders' equity

Shareholders'equity ratio

Net assets
millions ofyen

Net assets
per share%

61,25058.8
60,79955.0
As of March 31, 2022:
61,250 million yen
As of March 31, 2021:
60,799 million yen* This financial results report is not subject to audit by CPA or audit firm.

yen862.48
856.55* Proper use of earnings forecasts, and other special matters
The earnings forecasts and other descriptions of the future presented in this report are based on
information currently available to the Company and on certain assumptions deemed to be reasonable. Actual
results may differ substantially due to various factors.