Summary of Consolidated Financial Statements
for Fiscal Year Ended March 31, 2022 (Japan GAAP)May 11, 2022
Listed Exchanges: TSE
Name of Listed Company: Ishihara Sangyo Kaisha, Ltd.
Code:
4028
URL http://www.iskweb.co.jp/
Representative:(Title) Executive Director President (Name) Hideo Takahashi
Contact:(Title) Director(Name) Yasunobu Kawazoe
Tel +81-6-6444-1850
Scheduled date of a general meeting of shareholders: June 28, 2022
Scheduled date of dividend payment: June 29, 2022
Scheduled date of securities report submission: June 29, 2022
(Any amount less than one million yen is rounded down to the nearest million yen or nil.)
1. Consolidated Financial Results for Fiscal Year Ended March 31, 2022 (April 1, 2021 to March 31, 2022)(1) Consolidated Operating Results(Percentages represent changes from same period in previous year.)
Profit attributable to
Net sales
Operating income
Ordinary income
owners of parent
millions of yen% millions of yen% millions of yen% millions of yen%
FY ended March 31, 2022
110,955
9.0
11,557
123.4
13,272
123.3
11,690246.6
FY ended March 31, 2021
101,774
0.7
5,173
-16.4
5,944
11.2
3,373
43.0
(Note) Comprehensive income
FY ended March 31, 2022: 13,328million yen (265.4%), FY ended March 31, 2021: 3,647million yen (100.5%)
Net income per Net income per share
Ratio of ordinary
Ratio of operating
Return on equity
share
after full dilution
income to total assets income to net sales
Yen
Yen
%
%
%
FY ended March 31, 2022
292.58
13.6
7.3
10.4
⎯
FY ended March 31, 2021
84.41
4.3
3.4
5.1
⎯
(Reference) Equity in earnings (losses) of affiliates:
FY ended March 31, 2022: 533million yen, FY ended March 31, 2021: 38million yen(2) Consolidated Financial Position
Total assets
Net assets
Capital adequacy ratio
Net assets per share
millions of yen
Millions of yen%
Yen
FY ended March 31, 2022
185,758
91,86949.5
2,299.42
FY ended March 31, 2021
180,02179,51544.2
1,990.03(Reference) Equity capital: FY ended March 31, 2022: 91,869 million yen, FY ended March 31, 2021: 79,515 million yen(3) Consolidated Cash Flows
Cash flow from operating Cash flow from investing Cash flow from financing Balance of cash and cash
activities
activities
activities
equivalents at period end
millions of yen
millions of yen
millions of yen
millions of yen
FY ended March 31, 2022
16,501-4,319-11,601
27,073
FY ended March 31, 2021
4,749
-6,162
6,358
25,941

2. Dividends
Dividends per share(Record date)June 30(Q1-end)

September 30(Q2-end)December 31(Q3-end)

Yen

Yen

Yen
Year ended March 31, 2021
Year ended March 31, 2022
Year ending March 31, 2023
(Forecast)March 31
(Year-end)

Yen

Total
Dividend
dividends paid payout ratio
Annual(annual)(consolidated)

Yen

⎯
⎯

0.00
0.00

⎯
⎯

18.00
36.00

18.00
36.00

⎯

0.00

⎯

36.00

36.00

* This is an English translation of Summary originally written in Japanese and disclosed to TSE.
For official purposes, the Japanese version takes preference over this English translation-1-

millions of
yen
719
1,438

Ratio ofdividends to
net assets(consolidated)

%
21.3
12.3
23.2

%
0.9
1.7

3. Forecast for Consolidated Results for the Full Year Ending March 31, 2023 (April 1, 2022 - March 31, 2023)(Percentages represent forecasted changes from the previous year for the full year results, andforecasted changes from the same period in the previous year for the interim results.)

Net salesInterim (First 2Qs)
Full year

millionsof yen65,500129,000

Operating income
%
16.7
16.3

millionsof yen2,700
10,000

Profit attributable toEarnings per shareowners of parent
millions%%Yenof yen
-66.7
500
-88.0
12.51
-36.7
6,200
-47.0
155.18

Ordinary income
%

-44.8
-13.5

millionsof yen1,600
8,400

4. Other information(1) Significant changes in subsidiaries during the period(changes in specified subsidiaries resulting in the change in consolidation scope): No change(2) Changes in accounting principles, procedures, and the method of presentation
1) Changes due to revisions of accounting standards etc.
: Adopted
2) Changes other than those defined in 1) above: Adopted3) Changes in accounting estimates: Not adopted
4) Restatement: Not adopted(3) Issued shares (common shares)
1) Number of shares outstanding at the end of the period (including repurchased treasury shares)
FY ended March 31, 2022: 40,383,943 shares
FY ended March 31, 2021: 40,383,943 shares
2) Number of treasury shares at the end of the period
FY ended March 31, 2022: 430,740 shares
FY ended March 31, 2021: 427,338 shares
3) Average number of shares during the period
FY ended March 31, 2022: 39,954,783 shares
FY ended March 31, 2021: 39,959,108 shares(Reference) Summary of Non-Consolidated Operating Results
1. Non-Consolidated Financial Results for Fiscal Year Ended March 31, 2022 (April 1,2021 to March 31, 2022)(1) Non-Consolidated Operating Results(Percentages represent changes from same period in previous year.)Net sales
Operating income
Ordinary income
Net income
millions of yen% millions of yen% millions of yen% millions of yen%
FY ended March 31, 2022
89,142
7.2
9,051
109.1
10,706
78.0
6,878
79.5
FY ended March 31, 2021
83,158
2.3
4,327
-9.4
6,016
49.1
3,831
49.9
Net income per shareafter full dilution
Yen
Yen
172.15⎯95.88⎯

Net income per share
FY ended March 31, 2022
FY ended March 31, 2021

(2) Non-Consolidated Financial Position
Total assets
Net assets
Capital adequacy ratio
Net assets per share
millions of yen
millions of yen%
Yen
FY ended March 31, 2022
159,036
75,55947.5
1,891.21
FY ended March 31, 2021
155,177
68,702
44.3
1,719.42(Reference) Equity capital: FY ended March 31, 2022: 75,559 million yen, FY ended March 31, 2021: 68,702 million yen*This financial results release is not subject to certified public accountants or auditing firm.
* Notes on proper use of forecast and other matters
The forecast of financial results presented in this document is the result of management’s assessment based upon currently available assumptions,prospects and plans for the future. Actual results and dividend payments may differ from these forecasts, due to risks and uncertain factors, such as theglobal economy, competition, and foreign currency fluctuations.

* This is an English translation of Summary originally written in Japanese and disclosed to TSE.
For official purposes, the Japanese version takes preference over this English translation-2-

5. Consolidated Financial Statements(1) Consolidated Balance Sheet
Account Category(Unit: millions of yen)
Current consolidated FY(March 31, 2022)

Previous consolidated FY(March 31, 2021)

ASSETS
Current Assets
Cash and deposits

25,941

Notes and accounts receivable – trade

27,073

34,235―

Notes receivable – trade

―

3,768

Accounts receivable – trade―29,525Contract assets―

441

Merchandise and finished goods
Work in process

31,1805,040

32,813
4,633

Raw materials and supplies

18,25320,051Other
Allowance for doubtful accounts

3,456-1,104

4,190-1,109Total current assets

117,003

121,389

Noncurrent Assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation

40,81042,395-26,136-26,995

Buildings and structures, net

14,674

15,400Machinery, equipment and vehicles
Accumulated depreciation

114,944-94,845

115,277-94,507

20,09920,770

Land

5,356

5,359

Leased assets
Accumulated depreciation

2,195-1,3752,106-1,276

Machinery,equipment and vechicles, net

Leased assets, net

820

829

Construction in progress

5,319

3,327

Other
Accumulated depreciation

4,026-3,188

3,933-3,086

Other, net

837

847

47,10746,535535

519

Software in progress―

484

Leased assets

3

3

Total property, plant and equipment
Intangible asset
Software

Other

11

11

Total intangible assets

551

1,018

Investment securities

6,187

7,456

Deferred tax assets
Net defined benefit asset

8,547
10

8,883
10

698

550

Investments and other assets

Other
Allowance for doubtful accounts

-84

-85

Total investments and other assets

15,35816,815

Total non-current assets

63,01764,369Total Assets

180,021

185,758* This is an English translation of Summary originally written in Japanese and disclosed to TSE.
For official purposes, the Japanese version takes preference over this English translation-3-

Account Category

Previous consolidated FY(March 31, 2021)

Current consolidated FY(March 31, 2022)

14,476
8,100

17,739
7,770

8,323
1,118

8,298
1,118

LIABILITIESCurrent Liabilities
Notes and accounts payable – trade
Short-term loans payable
Current portion of long-term loans payable
Current portion of bonds
Lease obligations
Accrued income taxes

403

355

614

1,242
20

Contract liabilities
Accrued expenses

―
4,419

Provision for bonuses

641
21

Provision for sales returns
Provision for environment and safety improvement

4,728
851

82

―
81

Provision for loss on business withdrawal
Other

―
193

336
169

3,807

4,020

Total current liabilities

42,203

46,731

Provision for repairs

Long-term Liabilities
Bonds payable
Long-term loans payable

5,017

3,898

33,13024,831

491
1,741

555
1,384

140

83

86
12,693―
13,058

552

160

Other

451
3,997

―
3,185

Total long-term liabilities

58,30247,157

Total Liabilities

100,506

93,889NET ASSETS
Shareholders' equity
Capital stock

43,42043,42010,627
27,872

10,62738,592

Lease obligations
Provision for environment and safety improvement
Provision for repairs
Provision for loss on business withdrawal
Net defined benefit liability
Asset retirement obligations
Liabilities from application of equity method

Capital surplus
Retained earnings
Treasury shares

-730

-734

81,18991,905-308

405

Remeasurements of defined benefit plans-1,286
-78

-297
-143

Total accumulated other comprehensive income-1,674-36

Total net assets

79,51591,869Total Liabilities and Net Assets

180,021

185,758

Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment* This is an English translation of Summary originally written in Japanese and disclosed to TSE.
For official purposes, the Japanese version takes preference over this English translation-4-

(2) Consolidated Statements of Income

Account Category
Net sales

Previous consolidated FY(April 1, 2020 toMarch 31, 2021)
101,774(Unit: millions of yen)
Current consolidated FY(April 1, 2021 toMarch 31, 2022)
110,955

Cost of sales

73,151

78,297Gross profit

28,62232,657

Selling, general and administrative expenses

23,448

21,100Operating income

5,173

11,557

26
262

16
180

Non-operating income
Interest income
Dividend income
Share of profit of entities accounted for using equity method

38

533

Foreign exchange gains
Reversal of allowance for doubtful accounts

597

1,597

457

⎯

Gain on sales of raw materials

155

103

Other

263

288

1,802

2,720

Interest expenses

537

539

Financial fee
Other

273
220

258
206

1,032

1,005

5,944

13,272Gain on forgiveness of debts
Gain on change in equity

⎯

552

⎯

2,736

Other

⎯

170

Total extraordinary income

⎯

3,459

Extraordinary losses
Loss on disposal of non-current assets

Total non-operating income
Non-operating expenses

Total non-operating expenses
Ordinary income
Extraordinary income

677

969

Impairment loss
Loss on business withdrawal

421
907

163

Loss on valuation of investment securities

⎯

2,344

Other

⎯

162

⎯

Total extraordinary losses

2,006

3,640

Income before income taxes

3,938

13,091

Income taxes – current

819

1,533

Income taxes – deferred

-254

-132

Total income taxes

564

1,401

Net income

3,373

11,690

Profit attributable to owners of parent

3,373

11,690* This is an English translation of Summary originally written in Japanese and disclosed to TSE.
For official purposes, the Japanese version takes preference over this English translation-5-

(Consolidated Comprehensive Income Statement)
Previous consolidated FY(April 1,2020 toMarch 31, 2021)
3,373(Unit: millions of yen)
Current consolidated FY(April 1,2021 toMarch 31, 2022)
11,690

120
-48

714
971

223

-64

-21

17

274

1,638

Comprehensive income

3,647

13,328(Comprehensive income attributable to)Comprehensive income attributable to owners of parent

3,647

13,328

Account Category
Net income
Other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Share of other comprehensive income of entities accounted
for using equity method
Total other comprehensive income* This is an English translation of Summary originally written in Japanese and disclosed to TSE.
For official purposes, the Japanese version takes preference over this English translation-6-

(3) Statement of Changes in Net Assets
Previous consolidated FY (April 1,2020 to March 31, 2021)(Unit: millions of yen)
Shareholders’ equity
CapitalsurplusCapital stock
Balance at beginning of current period

43,420Retainedearnings

10,627

Treasuryshares25,298

Total shareholders'equity-727

78,618Changes of items during period
Dividends of surplus

-799

-799

Profit attributable to owners of parent

3,373

3,373

Purchase of treasury shares

-3

-3
⎯

Disposal of treasury shares
Net changes of items other thanshareholders' equity
Total changes of items during period
Balance at end of current period

⎯

⎯

2,573

-3

2,570

43,42010,627

27,872-730

81,189

Accumulated other comprehensive income

Balance at beginning of current period

Valuationdifference on
available-for-salesecurities

Foreign currencytranslation
adjustment

Remeasurementsof defined benefit
plans

Total accumulated
othercomprehensive
incomeTotal net

-429

-1,216-302-1,94876,669assetsChanges of items during period
Dividends of surplus-799

Profit attributable to owners of parent

3,373

Purchase of Treasury shares-3

Disposal of treasury shares⎯

Net changes of items other thanshareholders' equity

120

-70

223

274

274

Total changes of items during period

120

-70

223

274

2,845

Balance at end of current period-308-1,286-78-1,67479,515* This is an English translation of Summary originally written in Japanese and disclosed to TSE.
For official purposes, the Japanese version takes preference over this English translation-7-

Current consolidated FY (April 1,2021 to March 31, 2022)(Unit: millions of yen)
Shareholders’ equity
CapitalsurplusCapital stock
Balance at beginning of current period

43,420Retainedearnings

10,627

27,872

Cumulative effects of changes in accounting
policies
Restated balance

TreasurysharesTotal shareholders'equity-730

81,189-251
43,42010,627

27,621-251-730

80,938Changes of items during period
Dividends of surplus-719

Profit attributable to owners of parent-719

11,69011,690Purchase of treasury shares
Disposal of treasury shares

0

-4

-4

0

0

Net changes of items other thanshareholders' equity
Total changes of items during period
Balance at end of current period⎯

010,970-3

10,96743,42010,62738,592-734

91,905

Accumulated other comprehensive income

Balance at beginning of current period

Valuation difference
on available-forsale securities

Foreign currencytranslation
adjustment

Remeasurements ofdefined benefit
plans

Total accumulated
othercomprehensive
incomeTotal net
assets-308-1,286-78-1,67479,515

Cumulative effects of changes in accounting
policies
Restated balance

-251
-308

-1,286-78-1,674

79,263

Changes of items during period
Dividends of surplus-719

Profit attributable to owners of parent

11,690Purchase of treasury shares-4

Disposal of treasury shares0

Net changes of items other thanshareholders' equity

714

988

-64

1,638

1,638

Total changes of items during period

714

988

-64

1,638

12,605

Balance at end of current period

405

-297

-143

-36

91,869* This is an English translation of Summary originally written in Japanese and disclosed to TSE.
For official purposes, the Japanese version takes preference over this English translation-8-

(4) Statement of Consolidated Cash Flows

Account Category(Unit: millions of yen)Previous consolidated FY Current consolidated FY(April 1,2020 to(April 1,2021 toMarch 31, 2021)
March 31, 2022)

Cash flows from operating activities
Income before income taxes

3,938

13,091

Depreciation and amortization

5,052

4,654

Gain on forgiveness of debt

⎯

-552

Impairment loss

421

163

Loss on business withdrawal

907⎯

Loss (gain) on change in equity⎯-2,736

Loss (gain) on valuation of investment securities

⎯

2,344

Increase (decrease) in allowance for doubtful accounts

-436

1

Increase (decrease) in net defined benefit liability

-69

-94

Increase (decrease) in provision for environment and safety

-262

-288

Increase (decrease) in other provision

-362

352

Interest and dividend income

-289

-196

Interest expenses

537

539

Foreign exchange losses (gains)

-68

-30

Share of (profit) loss of entities accounted for using equity
method-34-518

Loss (gain) on disposal of noncurrent assets

148

215

-2,155977

Decrease (increase) in inventories-627-2,339Decrease (increase) in other current assets

942

-768

Decrease (increase) in notes and accounts receivable-trade

Increase (decrease) in notes and accounts payable-trade-3,187

2,823

Increase (decrease) in other current liabilities

913

201

Other

-25

-71

Subtotal

5,341

17,769Interest and dividends income received

268

196

Interest expenses paid

-571

-536

27

30

Income taxes paid

-315

-957

Cash flows from operating activities

4,749

16,501

Proceeds from insurance income* This is an English translation of Summary originally written in Japanese and disclosed to TSE.
For official purposes, the Japanese version takes preference over this English translation-9-

Account Category

Previous consolidated FY(April 1,2020 toMarch 31, 2021)(Unit: millions of yen)
Current consolidated FY(April 1,2021 toMarch 31, 2022)

Cash flows from investing activities
Purchase of investment securities

-12

-15

Purchase of non-current assets-6,150-4,484

92

77

Payments of loans receivable

-227

-61

Collection of loans receivable

142

104

Others-560-6,162-4,319168-330

Proceeds from sales of non-current assets

Cash flows from investing activities
Cash flows from financing activities
Net increase (decrease) in short-term loans payable
Proceeds from long-term loans payable
Repayments of long-term loans payable
Proceeds from issuance of bonds
Redemption of bonds
Repayments of lease obligations
Repayments of installment payables
Dividends paid
Net decrease (increase) in treasury shares
Cash flows from financing activities
Effect of exchange rate change on cash and cash equivalents

13,400⎯-7,937
3,100-8,323-684-1,118

-491
-393

-432
-674

-799

-719

-3

-3

6,358

-11,601

69

550

⎯

Net increase (decrease) in cash and cash equivalents

5,015

1,132

Cash and cash equivalents at beginning of period

20,92525,941

Cash and cash equivalents at end of period

25,941

27,073* This is an English translation of Summary originally written in Japanese and disclosed to TSE.
For official purposes, the Japanese version takes preference over this English translation-10-

(Segment Information)
1. Business Segment Information
Previous consolidated fiscal year (April 1, 2020 to March 31, 2021)
Inorganic
Chemicals

Organic
Chemicals(Unit: millions of yen)

Other
Businesses

Total

Adjustments(Note 1)

Amount reported
on consolidated
financialstatements(Note 2)

Net sales
Sales to outside
customers
Internal sales ortransfers among
segments
Total
Segment profit
Segment assets
Other elements
Depreciation/amortization expenses
Impairment loss
Increase in tangible
and intangible Fixed
Assets49,85648,364

3,553

101,774⎯

101,774

⎯

⎯

5,651

5,651

-5,651⎯49,856977
83,06548,364
6,332
66,987

9,205
513
4,428

107,425
7,823
154,482-5,651-2,64925,539101,774
5,173
180,021

3,623

801

58

4,483

186

4,669

421

54

⎯

475

⎯

475

5,553

650

50

6,255

110

6,365

(Note) 1. Adjustments include the following items:(1) “Adjustments in segment profit” (−￥2,649million) includes elimination of transactions between segments (−￥51million) and corporate
expenses not allocated to reporting segments (−￥2,598million). Corporate expenses mainly comprise general expenses not allocable toreporting segments.
(2) “Adjustments in segment assets” (￥25,539million) includes offsetting of receivables and payables between segments (−￥1,127million)
and corporate assets not allocated to reporting units (￥26,666million). Corporate assets mainly comprise surplus funds (cash andsecurities), long-term investments (investment securities) and corporate assets, all held by the parent company and not allocable toreporting segments.
2. Segment profits are adjusted with the operating profit reported on the consolidated profit and loss statement.

Current consolidated fiscal year (April 1,2021 to March 31, 2022)
Inorganic
Chemicals

Organic
Chemicals(Unit: millions of yen)
Other
Businesses

Total

Adjustments(Note 1)

Amount reported
on consolidated
financialstatements(Note 2)

Net sales
Sales to outside
customers
Internal sales ortransfers among
segments
Total
Segment profit
Segment assets
Other elements
Depreciation/amortization expenses
Impairment loss
Increase in tangible
and intangible Fixed
Assets

59,87548,296

2,783

110,955⎯

110,955

⎯

⎯

4,174

4,174

-4,174⎯59,875
6,017
82,34548,296
7,760
71,210

6,957
447
3,480

115,129
14,224
157,036-4,174-2,66728,721

110,955
11,557
185,758

3,523

773

62

4,359

186

4,545

150

12

⎯

163

⎯

163

3,399

955

31

4,386

767

5,153

(Notes) 1. Adjustments include the following items:(1) “Adjustments in segment profit” (−￥2,667million) includes elimination of transactions between segments (￥15 million) and corporate
expenses not allocated to reporting segments (−￥2,683million). Corporate expenses mainly comprise general expenses not allocable toreporting segments.
(2) “Adjustments in segment assets” (￥28,721million) includes offsetting of receivables and payables between segments (−￥1,453million)
and corporate assets not allocated to reporting units (￥30,175million). Corporate assets mainly comprise surplus funds (cash andsecurities), long-term investments (investment securities) and corporate assets, all held by the parent company and not allocable toreporting segments.
2. Segment profits are adjusted with the operating profit reported on the consolidated profit and loss statement.

* This is an English translation of Summary originally written in Japanese and disclosed to TSE.
For official purposes, the Japanese version takes preference over this English translation-11-

【Related information】
Previous consolidated fiscal year (April 1,2020 to March 31, 2021)
1. Information by product and service
Disclosure of this information is omitted since its classification is identical with the classification of reporting segments.

2. Geographical information(1) Net sales by region(Unit: millions of yen)
Japan

Asia
51,690(Notes)Americas20,702Europe13,531

Other

15,603

Total
245

101,774

1. Net sales by geographic segment are based on nations or regions where customers reside.
2. Grouping of countries and regions is based on the geographic proximity and relevance of businesses. Countries andregions included in each geographic segment are as follows, excluding Japan:(1) Asia: China, Taiwan, South Korea, Thailand, Indonesia, Singapore and India(2) Americas: United States, Canada, Brazil, Argentina, and Mexico(3) Europe: Germany, Netherlands, France, the United Kingdom, Belgium, Italy, and Eastern Europe, plus the Middle
East(4) Other: Australia, New Zealand, and Africa(2) Tangible fixed assets(Unit: millions of yen)
Japan

Asia
46,010(Notes)Americas145

Europe
800

Total
151

47,107

1. Tangible fixed assets by geographic segment are based on nations or regions where customers reside.
2. Grouping of countries and regions is based on the geographic proximity and relevance of businesses. Countries and regions
included in each geographic segment are as follows, excluding Japan:(1) Asia: Taiwan(2) Americas: United States(3) Europe: Belgium

Current consolidated fiscal year (April 1,2021 to March 31, 2022)
1. Information by product and service
Disclosure of this information is omitted since its classification is identical with the classification of reporting segments.

2. Geographical information(1) Net sales by region(Unit: millions of yen)
Japan

Asia
50,475(Notes)Americas26,764

Europe16,913

16,475

Other

Total
325

110,955

1. Net sales by geographic segment are based on nations or regions where customers reside.
2. Grouping of countries and regions is based on the geographic proximity and relevance of businesses. Countries andregions included in each geographic segment are as follows, excluding Japan:(1) Asia: China, Taiwan, South Korea, Thailand, Indonesia, Singapore and India(2) Americas: United States, Canada, Brazil, Argentina, and Mexico(3) Europe: Germany, Netherlands, France, the United Kingdom, Belgium, Italy, and Eastern Europe, plus the Middle
East(4) Other: Australia, New Zealand, and Africa* This is an English translation of Summary originally written in Japanese and disclosed to TSE.
For official purposes, the Japanese version takes preference over this English translation-12-

(2) Tangible fixed assets(Unit: millions of yen)
Japan

Asia
45,360Americas159

Europe
799

Total
216

46,535(Notes) 1. Tangible fixed assets by geographic segment are based on nations or regions where customers reside.
2. Grouping of countries and regions is based on the geographic proximity and relevance of businesses. Countries and regions
included in each geographic segment are as follows, excluding Japan:(1) Asia: Taiwan(2) Americas: United States(3) Europe: Belgium

3.Matters Regarding the Changes in Reportable Segment, etc.
The Accounting Standard for Revenue Recognition, etc. has been applied since the beginning of the current consolidated fiscal year.
As a result of a change in the method of accounting treatment for revenue recognition, the method of measuring profit or loss ineach business segment has also been changed accordingly.
As a result of this change, segment sales for the current consolidated fiscal year, decreased by 88 million yen for the “Inorganic
Chemicals” segment, 3,037 million yen for the “Organic Chemicals” segment, and 1,113 million yen for the “Other Business”
segment, compared with the previous method. Also, segment profit of the “Inorganic Chemicals” decreased by
8 million yen and segment profit of the “Other Business” decreased by 20 million, compared with the previous method.
・Per Share Information
Previous consolidated fiscal year
(April 1,2020 to March 31, 2021)

Current consolidated fiscal year
(April 1,2021 to March 31, 2022)

Net assets per share

1,990.03yen

2,299.42yen

Net income per share

84.41yen292.58yen(Notes) 1. Information on diluted earnings per share is not given since there are no potential ordinary shares.
(Notes) 2. Basis for calculation
・Net income per share
Previous consolidated fiscal year
(April 1,2020 to March 31, 2021)

Current consolidated fiscal year
(April 1,2021 to March 31, 2022)

3,373

11,690

Amount not attributable to common stock(million yen)⎯⎯

Net income attributable to parent company
shareholders of common stock (million yen)

3,373

11,69039,95939,954

At end of previous consolidated FY(March 31, 2021)

At end of current consolidated FY(March 31, 2022)

79,51591,869⎯⎯Net assets attributable to common stock at theend of consolidated fiscal year (million yen)

79,51591,869Number of shares of common stock used as
basis for calculation of net assets per share(1,000 shares)

39,95639,953

Profit attribute to owners of parent(million yen)

Average number of shares of common stockduring period (1,000 shares)(Notes) 3. Basis for calculation
・Net assets per share

Total net assets on consolidated balance sheet(million yen)Amount deducted from total net assets on
consolidated balance sheet : (million yen)

* This is an English translation of Summary originally written in Japanese and disclosed to TSE.
For official purposes, the Japanese version takes preference over this English translation-13-