Summary of Business Results for the Fiscal Year Ended March 31, 2022
[Japan GAAP] (Consolidated)
May 12, 2022
CompanyStock CodeRepresentative

OKADA AIYON Corporation

Listed on the TSE
URL: http://www.aiyon.co.jp/6294
Yuji Okada, President and Representative Director
Nobuo Maenishi, Managing Director, General Manager ofContact
T E L: +81-6-6576-1281
Administration Dept
Expected date of annual shareholders’ meeting: June 17, 2022
Expected starting date of dividend payment: June 20, 2022
Expected date of filing of annual securities report: June 17, 2022
Preparation of supplementary financial document: Yes
Results briefing: Yes（Rounded down to million yen）

1. Consolidated business results for the fiscal year ended March 2022
(April 1, 2021 through March 31, 2022)(1) Consolidated results of operations(% change from the previous corresponding period)

Net salesYear ended Mar. 2022
Year ended Mar. 2021

Million yen
20,306
17,591

Operating income
%
15.4
-2.0

Million yen
1,771
1,377

Net income attributable toowners of parent

Ordinary income%28.70.6

Million yen
1,808
1,433%
26.2
6.4

Million yen
1,190
919%29.5
3.9(Note) Comprehensive income:Year ended March 2022: 1,375 million yen (52.7%)
Year ended March 2021: 900 million yen (7.0%)

Net income
per share
Year ended Mar. 2022
Year ended Mar. 2021

Diluted net income
per shareYen
148.63115.01Return onequityYen
147.85114.26%
10.0
8.3

Ratio of ordinary
income to total
assets
%7.6
6.5

Ratio of operating
income to net sales%
8.7
7.8(Reference) Investment earnings/loss on equity-method:Year ended March 2022: 1 million yen
Year ended March 2021: - million yen(Note) The "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, March 31, 2020) and other standards have been applied from thebeginning of the current fiscal year. The figures for the year ended March 2022 have been applied these standards.

(2) Consolidated financial position
Total assets
As of Mar. 2022
As of Mar. 2021

Million yen
25,51622,272

Net assets
Million yen
12,544
11,392

Shareholders’ equity
ratio

Net assets per
share%
49.1
51.0

Yen
1,561.64
1,419.80(Reference) Shareholders’ equity:
As of March 2022: 12,518 million yen
As of March 2021: 11,361 million yen(Note) The "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, March 31, 2020) and other standards have been applied from thebeginning of the current fiscal year. The figures for the year ended March 2022 have been applied these standards.

(3) Consolidated results of cash flows

Year ended Mar. 2022
Year ended Mar. 2021

Cash flows fromoperating activities
Million yen
969
2,171

Cash flows frominvesting activities
Million yen-1,623-1,127－ 1 －Cash flows fromfinancing activities
Million yen-111
69

Cash and cash equivalents
at the end of period
Million yen
3,574
4,274

2. Dividends
Annual dividend
End of1Q
Year ended Mar. 2021
Year ended Mar. 2022
Year ending Mar. 2023
(forecast)End of2Q

End of3Q

Year-end

Total
dividend(Total)

Total

Yen
-

Yen
0.00
0.00

Yen
-

Yen
29.00
32.00

Yen
29.00
32.00

-0.00

-

33.00

33.00

Dividend
payout ratio(Consolidated)

Million yen
232
256%
25.2
21.5

Rate of total
dividend tonet assets(Consolidated)
%
2.1
2.1

19.7

3．Forecast of consolidated business results for the fiscal year ending March 2023
(April 1, 2022 through March 31, 2023)

Million yen%

Million yen%

Million yen%

Net income
attributable to ownersof parent
Million yen%

10,680

6.2

1,040

1.7

1,040

1.3

700

6.1

87.32

21,500

5.9

2,000

12.9

2,000

10.6

1,340

12.6

167.16

Net sales
For the six months
ending Sept. 30, 2022
Year ending Mar. 2023

Operating income

Ordinary income

Net income
per shareYen*Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes in thescope 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(3) Shares outstanding (common stock)① Number of shares outstanding at the end of period (treasury stock included)
As of March 2022
8,378,700 shares
As of March 2021
8,378,700 shares② Treasury stock at the end of period:
As of March 2022
362,315 shares
As of March 2021
376,415 shares③ Average number of stock during period
Year ended March 2022
8,010,285 sharesYear ended March 2021
7,992,918 shares－ 2 －: Yes: None: None: None(Reference) Summary of non-consolidated business results
1. Non-consolidated business results for the fiscal year ended March 2022
(April 1, 2021 through March 31, 2022)(1) Non-consolidated results of operations

Year ended Mar. 2022
Year ended Mar. 2021

Net sales
Million yen
15,275
13,043

%
17.1
-5.0

Operating income
Million yen%
567
-0.8
572
-3.0

Yen
65.94
67.70

Diluted net income pershareYen
65.59
67.25

Net incomeper share
Year ended Mar. 2022
Year ended Mar. 2021(% change from the previous corresponding period)
Ordinary income
Million yen%809-3.1
835
6.7

Net income
Million yen%528-2.4
541-1.3(Note) The "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, March 31, 2020) and other standards have been applied from thebeginning of the current fiscal year. The figures for the year ended March 2022 have been applied these standards.

(2) Non-consolidated financial position
Total assets
Million yen
As of Mar. 2022
19,757
As of Mar. 2021
17,886(Reference) Shareholders’ equity:
As of March 2022: 9,078 million yen
As of March 2021: 8,342 million yen

Net assets
Million yen
9,104
8,776

Shareholders’ equity
ratio%
46.0
48.9

Net assets pershareYen
1,132.55
1,092.92(Note) The "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, March 31, 2020) and other standards have been applied from thebeginning of the current fiscal year. The figures for the year ended March 2022 have been applied these standards.

*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 andcertain 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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