Summary of Business Results for the Second Quarter Ended September 30, 2021
[Japan GAAP] (Consolidated)
November 4, 2021
Company
Stock Code
Representative
Contact

SWCC SHOWA HOLDINGS CO., LTD.

Listed on the TSE
URL:https://www.swcc.co.jp

5805
Takayo Hasegawa, President and Representative Director
Tetsuo Komata, Corporate Officer, Manager of Business Planning
Dept., Business Strategy Headquarters
Expected date of filing of quarterly report: November 9, 2021
Expected starting date of dividend payment: Preparation of quarterly supplementary financial document: Yes
Quarterly results briefing: Yes (for analysts)

T E L: +81-44-223-0520（Rounded down to million yen）

1. Consolidated business results for the six months ended September 2021
(April 1, 2021 through September 30, 2021)(1) Consolidated results of operations(% change from the previous corresponding period)
Net sales

Six months ended Sept. 2021
Six months ended Sept. 2020
(Note) Comprehensive income

Million yen
94,741
72,200Operating income
%
31.2
-16.0

Million yen
5,015
2,415%
107.6-43.5

Ordinary income
Million yen
5,106
2,611%
95.5-34.4

Net income attributable toowners of parent

Million yen
3,171
1,823%
73.9-36.2

Six months ended September 2021: 3,671 million yen (82.5%)
Six months ended September 2020: 2,011 million yen (-30.1%)
Net income
Diluted net income perper share
share
Yen
Yen
Six months ended Sept. 2021
106.30Six months ended Sept. 2020
61.15
(Note) "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, March 31, 2020), etc. has been applied from thebeginning of the first quarter of the current fiscal year, and the net sales for the second quarter of the fiscal year ending March 2022
are after the application of the said accounting standard, etc.

(2) Consolidated financial position
Total assets

Shareholders’ equity
ratio

Net assets

Million yen
Million yen%
As of Sept. 2021
140,292
51,27236.1
As of Mar. 2021
129,460
48,16936.7(Reference) Shareholders’ equity:
As of September 2021: 50,595 million yen
As of March 2021: 47,568 million yen(Note) "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, March 31, 2020), etc. has been applied from thebeginning of the first quarter of the current fiscal year, and the figures for the second quarter of the fiscal year ending March 2022
are after the application of the said accounting standard, etc.

2. Dividends
Annual dividend
End of 3Q
Yen
Yen
0.00
0.00
-

End of 1Q
Year ended Mar. 2021
Year ending Mar. 2022
Year ending Mar. 2022 (forecast)End of 2Q
Yen-(Note) Revisions to dividend forecast for the current quarter: None- 1 -Year-end

Total

Yen
20.00

Yen
20.00

40.00

40.00

3．Forecast of consolidated business results for the fiscal year ending March 2022
(April 1, 2021 through March 31, 2022)
Net salesYear ending Mar. 2022(% change from the previous corresponding period)
Operating income

Ordinary income

Million yen%

Million yen%

Million yen

195,000

20.6

9,500

25.2

9,500%Net income
attributable to ownersof parent
Million yen%

22.3

7,600

Net income pershare

53.0

Yen

254.67(Note) Revisions to business forecast for the current quarter: Yes(Note) "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, March 31, 2020), etc. has been applied from thebeginning of the first quarter of the current fiscal year, and the figures of the above forecasts are after the application of thesaid accounting standard, etc.

*Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes
in the scope of consolidation): None
(2) Application of accounting procedures specific to preparation of the consolidated quarterly financial statements:
Yes(3) Changes in accounting policies, accounting estimates and restatement①Changes in accounting policies associated with revision of accounting standards:②Changes in accounting policies other than ①③Changes in accounting estimates④Restatement: Yes: None
: None: None(4) Shares outstanding (common stock)①Number of shares outstanding at the end of period (treasury stock included)
As of September 2021
30,826,861 shares
As of March 2021
30,826,861 shares②Treasury stock at the end of period
As of September 2021
984,254 shares
As of March 2021
996,224 shares③Average number of stock during period (quarterly cumulative period)
Six months ended September 2021
29,839,282 shares
Six months ended September 2020
29,828,894 shares*Quarterly financial summary is not subject to the quarterly review procedures by certified public accountants
or auditing firms.
*Explanation regarding appropriate use of business forecasts and other special instructions
Forecasts regarding future performance in this material are based on information currently available to the company and certain
assumptions that the company deems to be reasonable at the time this report was prepared. Actual results may differ significantly
from the forecasts due to various factors.

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