Summary of Business Results for the Year Ended March 31, 2021
[Japan GAAP] (Consolidated)
May 13, 2021
Company
Stock Code
RepresentativeContact

SWCC SHOWA HOLDINGS CO., LTD.

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

5805
Takayo Hasegawa, President and Representative Director
Tetsuo Komata, Managing Executive Officer, Manager of Corporate
T E L: +81-44-223-0520
Strategy Planning Dept.
Expected date of annual shareholders’ meeting: June 25, 2021
Expected starting date of dividend payment: June 28, 2021
Expected date of filing of annual securities report: June 25, 2021
Preparation of supplementary financial document: Yes
Results briefing: Yes (for analysts)（Rounded down to million yen）

１. Consolidated business results for the fiscal year ended March 2021
(April 1, 2020 through March 31, 2021)(1) Consolidated results of operations(% change from the previous corresponding period)

Net salesYear ended Mar. 2021
Year ended Mar. 2020

Million yen
161,697
171,142

Operating income%
-5.5
-3.4

Million yen
7,590
8,609

Ordinary income%
-11.8
29.7

Million yen
7,765
7,864%-1.3
40.3

Net income attributable toowners of parent

Million yen
4,966
5,465%-9.1
19.6(Note) Comprehensive income:Year ended March 2021: 8,628 million yen (88.2 %)Year ended March 2020: 4,584 million yen (98.1 %)Net income
per share

Diluted net income
per share
Yen-Yen166.49183.27

Year ended Mar. 2021
Year ended Mar. 2020

Return onequity

Ratio of ordinary
income to total assets

%
11.4
14.7%
6.2
6.4

Ratio of operating
income to net sales
%
4.7
5.0

(Reference) Investment earnings/loss on equity-method:Year ended March 2021: 248 million yenYear ended March 2020: -2 million yen(2) Consolidated financial position
Total assets

Net assets

Million yen
129,460
122,521

As of Mar. 2021
As of Mar. 2020

Shareholders’ equity
ratio

Million yen
48,16939,981

Net assets per
share%
36.7
32.3

Yen
1,594.63
1,327.04(Reference) Shareholders’ equity:
As of March 2021: 47,568 million yen
As of March 2020: 39,576 million yen(3) Consolidated results of cash flows

Year ended Mar. 2021
Year ended Mar. 2020

Cash flows fromoperating activities
Million yen
8,882
8,696

Cash flows frominvesting activities
Million yen-3,358-4,144

Cash flows fromfinancing activities
Million yen-5,661-4,879Cash and cash equivalents
at the end of period
Million yen
4,086
4,225

2. Dividends
Annual dividendYear ended Mar. 2020
Year ended Mar. 2021
Year ending Mar. 2022
(forecast)End of
1Q
Yen-

End of
2Q
Yen
0.00
0.00
0.00

End of3Q
Yen-

Year-end
Yen
15.00
20.00
40.00

－1 －Total
Yen
15.00
20.00
40.00

Total dividend(Total)Million yen
447596

Dividend payout
ratio(Consolidated)

%
8.2
12.0
17.6

Rate of total
dividend to net
assets(Consolidated)

%
1.2
1.4

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

Operating income

Million yen%

180,000

11.3

Million yen

%

8,600

%

Net income attributableto owners of parent
Million yen
%

6.9

6,800

Ordinary income
Million yen

13.3

8,300

36.9

Net income
per shareYen

227.95*Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes
in the scope of consolidation): None
(2) 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: None: None: None: None(3) Shares outstanding (common stock)① Number of shares outstanding at the end of period (treasury stock included)
As of March 2021
30,826,861 shares
As of March 2020
30,826,861 shares② Treasury stock at the end of period:
As of March 2021
996,224 shares
As of March 2020
1,004,085 shares③ Average number of stock during period
Year ended March 2021
29,829,829 sharesYear ended March 2020
29,823,154 shares(Reference) Summary of non-consolidated business results
1. Non-consolidated business results for the fiscal year ended March 2021
(April 1, 2020 through March 31, 2021)(1) Non-consolidated results of operations

Year ended Mar. 2021
Year ended Mar. 2020(% change from the previous corresponding period)

Net sales
Million yen%
4,372
69.8
2,574
13.3

Operating income
Million yen%
2,514
375.9
528
86.4

Net income
per shareDiluted net income pershareYen-Yen
83.33
18.08

Year ended Mar. 2021
Year ended Mar. 2020

Ordinary income
Million yen%
2,556
355.0
561
59.4

Net income
Million yen
%
2,485
360.9
539
45.6

Shareholders’ equityratio

Net assets per
share(2) Non-consolidated financial position
Total assets
Million yen
As of Mar. 2021
73,572As of Mar. 2020
77,322(Reference) Shareholders’ equity:
As of March 2021: 32,513 million yen
As of March 2020: 30,431 million yen

Net assets
Million yen
32,51330,431－2 －%
44.2
39.4

Yen
1,089.951,020.39

*Financial summary is not subject to auditing 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. The company
does not make promises about the achievements. Actual results may differ significantly from the forecasts due tovarious factors.

－3 －