Notice: This document is an excerpt translation of the original Japanese document and is only forreference purposes. In the event of any discrepancy between this translated document and theoriginal Japanese document, the latter shall prevail.

Consolidated Financial Results for the Fiscal Year Ended March 31, 2021 [Japanese GAAP]May 13, 2021
(Listed on Tokyo Stock Exchange)
4246
URL http://www.daikyonishikawa.co.jp/en/
Nariaki Uchida, Representative Director and President
Hiroshi Kawasaki, Managing Executive Officer and Corporate Planning Division ManagerTel. 082-493-5610
Scheduled date of annual general meeting of shareholders: June 18, 2021
Scheduled date to commence dividend payments: June 21, 2021
Scheduled date to file securities report: June 18, 2021
Preparation of supplementary materials on financial results: NoneHolding of annual results meeting: Yes
Company NameSecurities Code
Representative
Inquiries

DaikyoNishikawa Corporation(Amounts less than one million yen are rounded off)
1. Consolidated results for the fiscal year ended March 31, 2021
(1) Consolidated operating results(Percentages indicate year-on-year changes)
Net Sales

Operating income

Fiscal year ended millions of yen% millions of yen

Ordinary income% millions of yen

Profit attributable toowners of the parent% millions of yen%March 31, 2021
150,234
-17.6
4,456
-50.5
5,386-43.3
2,536
-48.3
March 31, 2020
182,219
-1.1
8,995
-38.5
9,500
-36.0
4,907
-52.8
Note: Comprehensive income
For the fiscal year ended March 31, 2021 :
1,505 million yen ( -72.2%)
For the fiscal year ended March 31, 2020 :5,424 million yen ( -45.4%)
Net income
per share
Fiscal year ended

Net income/Diluted net
Ordinary income/ Operating income
income per share shareholders' equity
total assets/ net sales%%March 31, 2021
35.75
－3.3
3.5
March 31, 2020
69.27
69.20
6.5
6.4
Reference : Share of profit (loss) of investments accounted for using equity method
For the fiscal year ended March 31, 2021 :For the fiscal year ended March 31, 2020 :

yen

yen

%

3.0
4.9
400 million yen
454 million yen(2) Consolidated financial position
Total assets
As ofShareholders'equity ratio

Net assets

millions of yen

March 31, 2021
159,295March 31, 2020
150,484
Reference : Shareholders' Equity

millions of yen

Net assets
per share%

79,88980,387
As of March 31, 2021:
As of March 31, 2020:

yen

48.5
51.3
77,327 million yen
77,141 million yen

1,089.41
1,088.74(3) Consolidated cash flows
Cash and cash
equivalents at theend of period

Cash flows from
Cash flows from
Cash flows fromoperating activities investing activities financing activities
Fiscal year ended

millions of yen

millions of yen

millions of yen

March 31, 2021
March 31, 2020

16,78819,584(17,567)(24,370)

8,565(2,012)

millions of yen

32,96725,5102. Dividends
Cash dividends per shareFirstSecond
Third
quarter-end quarter-end quarter-end
Fiscal year ended

March 31, 2020
March 31, 2021
Year ending March
31,2022(Forecasts)

Fiscalyear-end

Total cash
dividends

Total

Dividend
Ratio ofpayout
dividends tonet asset
ratio(Consolidated)(Consolidated)yenyenyenyenyenmillions of yen

%%

－－

15.00
13.00

－－

15.00
17.00

30.00
30.00

2,125
2,129

43.3
83.9

2.8
2.8

－

－－－－－

Note: The forecast of cash dividends for the year ending March 31, 2022 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, 2022
As the outlook as to the production volume of the main customers under the condition of a semiconductor
shortage, including the impact of COVID-19 pandemic, remains unclear, it is being in a difficult situation
to foresee the future.
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
the forecast 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 to make areasonable 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： Nonestandards 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, 2021

73,896,400 shares

As of March 31, 2020

73,896,400 shares

As of March 31, 2021

2,914,981 shares

As of March 31, 2020
Fiscal year ended March 31, 2021

70,943,341 sharesFiscal year ended March 31, 2020

70,853,470 shares

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

3,042,930 shares(Reference) Summary of non-consolidated financial results
1. Non-consolidated financial results for the fiscal year ended March 31, 2021
(1) Non-consolidated operating results(Percentages indicate year-on-year changes)
Net sales

Operating income

Fiscal year ended millions of yen

March 31, 2021
March 31, 2020

114,984150,213% millions of yen

-23.5
0.3

Net income
per share

2,409
6,345

Ordinary income% millions of yen

-62.0
-36.9

2,8596,623

Net income% millions of yen

-56.8
-35.0

%

1,860
3,660

-49.2
-49.7

Diluted net
income per share

Fiscal year ended

yenyenMarch 31, 2021
March 31, 2020

26.22
51.66

－51.61(2) Non-consolidated financial position
Total assets
As ofmillions of yen

March 31, 2021
110,481
March 31, 2020
112,615
Reference: Shareholders' equity

Shareholders'equity ratio

Net assets
millions ofyen

60,79960,777
As of March 31, 2021:
As of March 31, 2020:* This financial results report is not subject to audit

Net assets
per share%

55.0
53.9
60,799 million yen
60,687 million yenyen

856.55856.52by CPA or audit firm.

* 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.