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

Summary of Non-Consolidated Financial Results
for the Nine Months Ended December 31, 2022
(Based on Japanese GAAP)
January 27, 2023
Company name:Takakita Co., Ltd.
Stock exchange listing: Tokyo, Nagoya
Stock code:
Representative:

6325
URL https://www.takakita-net.co.jp
Representative Director and President
Mitsuo Matsumoto

Inquiries:Assistant General Manager,
Accounting Department,

Kazushi Kawabe

Corporate Administration Division
Scheduled date to file Quarterly Securities Report:

February 3, 2023

Scheduled date to commence dividend payments:
Preparation of supplementary material on quarterly financial results:–Yes

Holding of quarterly financial results meeting:

Yes

TEL

0595-63-3111(for general investors)(Amounts less than one million yen are rounded down)
1. Non-consolidated financial results for the nine months ended December 31, 2022 (from April 1, 2022 to December 31, 2022)(1) Non-consolidated operating results (cumulative)

Percentages indicate year-on-year changes

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

Millions of yen
5,540
5,355

Operating profit% Millions of yen
3.5
465
13.9
438

Earnings per share

Ordinary profit% Millions of yen
6.1
507
97.0
469

%
8.6
95.9

Diluted earnings per share

Yen
30.22
27.28

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

Profit% Millions of yen
8.2
341
89.4
314

Yen
29.90
27.04

(2) Non-consolidated financial position
Total assets

Net assets

Millions of yen
9,156
8,647

As of December 31, 2022
As of March 31, 2022

Equity ratio

Millions of yen
6,862
6,899

%
74.3
79.2

2. Cash dividends
Annual dividends per share

Year ended March 31, 2022
Year ending March 31, 2023

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––Yen
5.00
5.00

Yen––

Yen
5.00

Yen
10.00

5.00

10.00

Year ending March 31, 2023 (Forecast)Total

3. Forecast of non-consolidated financial results for the year ending March 31, 2023 (from April 1, 2022 to March 31, 2023)
Percentages indicate year-on-year changes
Net sales
Full year

Millions of yen
7,200

Operating profit% Millions of yen
2.5
400

Ordinary profit% Millions of yen(24.5)
450

1Profit% Millions of yen(24.2)
300

Earnings per share%(25.0)

Yen
26.67

4. Notes(1) Application of special accounting methods for preparing quarterly non-consolidated financial statements: No(2) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements
NoChanges in accounting policies due to revisions to accounting standards and other regulations:
Changes in accounting policies due to other reasons:
Changes in accounting estimates:

No
No

Restatement of prior period financial statements:

No(3) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of December 31, 2022

14,000,000 shares As of March 31, 2022

14,000,000 shares

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

2,906,217 shares As of March 31, 2022

2,506,217 sharesAverage number of shares during the period (cumulative from the beginning of the fiscal year)
Nine months ended December 31, 2022

11,293,783 shares Nine months ended December 31, 2021

211,523,289 shares

Quarterly non-consolidated financial statements
Non-consolidated balance sheets(Thousands of yen)
As of March 31, 2022

As of December 31, 2022

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade

1,204,439
1,107,782

582,348
760,177

Electronically recorded monetary claims - operating
Merchandise and finished goods

1,137,763781,851

1,923,264
1,124,611

Work in process
Raw materials and supplies

139,389
321,661

188,566
505,914

Accounts receivable - other
Other

365,848
15,892684,876
17,5785,074,629

5,787,338

1,010,610
299,783

971,205
257,480559,638
173,679

559,638
188,313

2,043,713

1,976,636

Intangible assets
Investments and other assets

209,475

178,428

Investment securities
Other

956,791
363,577

852,112362,806

Total current assets
Non-current assets
Property, plant and equipment
Buildings, net
Machinery and equipment, netLand
Other, net
Total property, plant and equipment

Allowance for doubtful accounts

(666)

(576)

Total investments and other assets

1,319,702

1,214,342

3,572,891

3,369,407

8,647,520

9,156,746

Notes and accounts payable - trade
Electronically recorded obligations - operating

360,026
502,242369,992
1,100,560

Short-term borrowings
Income taxes payable

70,000151,283

70,00045,355

Provision for bonuses
Other

113,945
309,529

36,437426,090

Total current liabilities

1,507,029

2,048,436

Total non-current assets
Total assets
LiabilitiesCurrent liabilities

Non-current liabilities
Provision for retirement benefits

175,923

155,765

Provision for retirement benefits for directors (and otherofficers)

4,100

4,100

Other

60,841

85,594

Total non-current liabilities
Total liabilities

3240,866

245,460

1,747,896

2,293,896

(Thousands of yen)
As of March 31, 2022

As of December 31, 2022

Net assets
Shareholders' equity
Share capital

1,350,000

1,350,000

Capital surplus
Retained earnings

832,196
4,894,888

832,196
5,123,287

Treasury shares(649,492)(850,692)

Total shareholders' equity

6,427,592

6,454,791

Valuation difference on available-for-sale securities
Deferred gains or losses on hedges

420,717625

350,066(371)

Total valuation and translation adjustments

421,342

349,694

50,68958,364

6,899,624

6,862,850

8,647,520

9,156,746

Valuation and translation adjustments

Share acquisition rights
Total net assets
Total liabilities and net assets

4Non-consolidated statements of income (cumulative)(Thousands of yen)
Nine months ended

Nine months ended

December 31, 2021

December 31, 2022

Net sales
Cost of sales

5,355,361
3,644,569

5,540,493
3,744,972

Gross profit

1,710,792

1,795,520

Selling, general and administrative expenses

1,271,813

1,329,817

438,978465,703

Interest income
Dividend income

311,454

3
21,573

Rental income from real estate
Other

17,572
7,525

17,4397,590

Total non-operating income

36,55546,605

186

174

3,681
2,000

3,824–

397

371

Operating profit
Non-operating income

Non-operating expenses
Interest expenses
Rental costs on real estate
Loss on cancellation of leases
OtherTotal non-operating expenses

6,266

4,370

469,268

507,938

Extraordinary income
Gain on sale of non-current assets

542649Total extraordinary income

542

649

Ordinary profit

Extraordinary losses
Loss on abandonment of non-current assets–

40

Loss on sale of investment securities

–

211

–

252

Profit before income taxes

Total extraordinary losses

469,810508,336

Income taxes - current

111,299

126,056

Income taxes - deferred

44,15240,943

Total income taxes

155,451

167,000

Profit314,359

341,3365