Summary of Consolidated Financial Results
for the Nine Months Ended December 31, 2022
(Based on Japanese GAAP)
February 7, 2023
Company name:
CMK CORPORATION
Stock exchange listing:Tokyo
Stock code:
6958
URL https://www.cmk-corp.com/
Representative:
President and Chief Executive Officer
Isao Osawa
Inquiries:
Accounting Department General Manager
Nobutaka Okubo
Scheduled date to file Quarterly Securities Report:
February 9, 2023
Scheduled date to commence dividend payments:―
Preparation of supplementary material on quarterly financial results:
Yes
Holding of quarterly financial results meeting:
NoTEL

03-5323-0231(Amounts less than one million yen are rounded down)

1. Consolidated financial results for the nine months ended December 31, 2022 (from April 1, 2022 to December 31,2022)(1) Consolidated Operating Results (Cumulative)
Net sales(Percentages indicate year-on-year changes)
Profit attributable toOrdinary income
owners of parent

Operating income％ Millions of yen

Millions of yen

Nine months ended December 31, 2022
62,5553.9
2,136
Nine months ended December 31, 2021
60,18919.7
1,685(Note) Comprehensive income:Nine months ended December 31, 2022
8,141million yen (210.8%)
Nine months ended December 31, 2021
2,619million yen (―%)
Net income per share％ Millions of yen

26.8―％ Millions of yen

2,738
1,722

59.0
―

2,018
1,311

％

53.9
―

Diluted net income per share
Yen

Nine months ended December 31, 2022
Nine months ended December 31, 2021

Yen―
―

34.10
22.16

(2) Consolidated financial position
Total assets

Net assets

Equity ratio

Millions of yen

Millions of yen％

119,835
104,865

61,72354,46649.8
50.3

As of December 31, 2022
As of March 31, 2022
(Reference) Shareholder’s equity:
As of December 31, 2022

59,685million yen

As of March 31, 2022

52,716million yen

2．Cash dividends
Annual dividends per share
1stquarter-end

2ndquarter-end
Yen

3rd
quarter-end
Yen

Year ending March 31, 2022―
Year ending March 31, 2023―
Year ending March 31, 2023(forecast)(Note) 1. Revisions to dividend forecasts published most recently: No

0.00
0.00

FiscalYear-end

TotalYen

Yen――14.00

14.00

11.00

11.00

3．Forecast of consolidated financial results for the year ending March 31, 2023 (from April 1, 2022 to March 31, 2023)
Net sales

Operating income

Ordinary income％Millions of yen％

Millions of yen％

Yen

3,000 △0.7(Note) Revisions to financial forecasts published most recently: No

2,900

△12.3

2,100

△24.6

35.48

Millions of yen

Full year

82,000％(Percentages indicate year-on-year changes)
Profit attributable toNet income per shareowners of parent

0.6

Millions of yen

※Notes(1)

Changes in significant subsidiaries during the nine months ended December 31, 2022
(Changes in specified subsidiaries resulting in the change in scope of consolidation):(2) Application of special accounting methods for preparing quarterly consolidated financial statements:NoYes(3) 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 standards and other regulations:No

2)

Changes in accounting policies due to other reasons:

No

3)

Changes in accounting estimates:

No

4)

Restatement of prior period financial statements:

No(4) Number of issued shares（common shares）
1) Total number of issued shares at the end of the period (including treasury shares)
As of December 31, 2022

63,077,770 shares

As of March 31, 2022

63,060,164 shares

As of March 31, 2022

3,865,040 shares

2) Number of treasury shares at the end of the period
As of December 31, 2022

3,865,795 shares

3) Average number of shares during the period (cumulative from the beginning of the fiscal year)
Nine months ended December 31, 2022

59,203,010 shares

Nine months ended December 31, 2021

59,195,539 shares※This quarterly financial results statement is exempt from the quarterly review by certified public accountants or accounting auditors※Cautionary statement regarding forward-looking statements, and other information
Forward-looking statements such as operational forecasts contained in this report are based on the information currently available to theCompany and certain assumptions regarded as reasonable, but are not guarantees of the achievements by the Company. Actual results may
differ from any forecasts expressed in the statements due to various factors.

Consolidated financial statements
Quarterly consolidated balance sheet(Millions of yen)As of March 31, 2022
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Electronically recorded monetary claims operating
Merchandise and finished goods
Work in process
Raw materials and supplies
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles, netLand
Construction in progress
Other, net
Total property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Investment securities
Retirement benefit asset
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Deferred assets
Bond issuance costs
Total deferred assets
Total assets－1－

As of December 31, 2022

15,87917,94822,846
17,481

4,427

5,125

9,621
3,673
2,775
1,337
△40
55,623

11,774
4,470
3,375
1,856
△47
66,884

12,212
17,721
7,758
3,251
1,259
42,204

13,214
19,371
7,807
3,721
1,450
45,565

58
341
400

46
354
400

2,975
1,221
2,433
△286,602
49,206

3,213
1,241
2,531
△286,958
52,92435
35
104,86526
26
119,835

(Millions of yen)
As of March 31, 2022
Liabilities
Current liabilities
Notes and accounts payable - trade
Electronically recorded obligations operating
Short-term borrowings
Current portion of bonds payable
Income taxes payable
Provision for bonuses
Provision for loss on disaster
Other
Total current liabilities
Non-current liabilities
Bonds payable
Long-term borrowings
Retirement benefit liability
Asset retirement obligations
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-forsale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive
incomeNon-controlling interests
Total net assets
Total liabilities and net assets－2－

As of December 31, 2022

12,506

11,211

2,458

2,172

14,328
42
356
748
46
3,148
33,637

23,147
342
204
224
－
4,260
41,563

3,608
11,824
117
454
755
16,76150,3983,287
11,754
149
453
903
16,547
58,111

22,306
16,962
13,411△3,13549,54322,31016,966
14,601△3,13650,741

959

1,252

1,977
235

7,498
192

3,172

8,943

1,750
54,466
104,865

2,038
61,723
119,835

Quarterly consolidated statement of income(Millions of yen)
Nine months ended
December 31, 2021
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Employees' salaries and bonuses
Provision for bonuses
Retirement benefit expenses
Other
Total selling, general and administrative
expenses
Operating profit
Non-operating income
Interest incomeDividend income
Foreign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Commission expenses
Plant shutdown related costs
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Gain on sale of investment securities
Insurance claim income
Total extraordinary income
Extraordinary losses
Loss on sale of non-current assets
Loss on retirement of non-current assets
Loss on valuation of investment securities
Total extraordinary losses
Profit before income taxes
Income taxes
Income taxes for prior periods
ProfitProfit attributable to non-controllinginterests
Profit attributable to owners of parent－3－

Nine months ended
December 31, 2022

60,18951,7208,469

62,55552,906
9,648

2,781
△42
24
4,021

3,029
△140
17
4,606

6,784

7,512

1,685

2,136

687
91
224
410

11
127
673
354
1,166

150
52
68102
373
1,722

209
123
132
99
564
2,738

0－
245
246

0
11－
12

0
79－
79
1,889
464
1
1,422

3116
49
168
2,581
443
0
2,137

110

118

1,311

2,018

Quarterly consolidated statement of comprehensive income(Millions of yen)
Nine months ended
December 31, 2021
ProfitOther comprehensive income
Valuation difference on available-for-salesecurities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans, netof taxTotal other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to ownersof parent
Comprehensive income attributable to noncontrolling interests－4－

Nine months ended
December 31, 2022
1,422

2,137151

292△01,086－
5,753△41△421,196
2,619

6,003
8,141

2,217

7,790

401351