Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy
between this translated document and the Japanese original, the original shall prevail.

November 9, 2022

Non-consolidated Financial Results
for the Second Quarter of the Fiscal Year Ending March 31, 2023
(Under Japanese GAAP)
Company name:TOYO GOSEI Co., Ltd.
Listing:
Tokyo Stock Exchange, Standard Market
Securities code:
4970
URL:
https://www.toyogosei.co.jp/
Representative:
Yujin Kimura, President and Representative Director
Inquiries:
Shiro Shinozaki, General Manager of Financial and Accounting Department
Telephone:+81-3-5822-6170
Scheduled date to file quarterly securities report:
November 10, 2022
Scheduled date to commence dividend payments:
December 9, 2022
Preparation of supplementary material on quarterly financial results: Yes
Holding of quarterly financial results briefing:
Yes (for institutional investors and analysts)(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Non-consolidated financial results for the Second quarter of the fiscal year ending March 31, 2023
(from April 1, 2022 to September 30, 2022)(1) Non-consolidated operating results (cumulative)
Net sales
Six months ended(Percentages indicate year-on-year changes.)

Operating profit

Ordinary profit

ProfitMillions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

September 30, 2022

17,553

11.7

2,852

20.4

3,278

38.9

2,247

38.3

September 30, 2021

15,710－

2,369

81.3

2,360

84.7

1,625

87.8

Basic earnings
per share
Six months ended

Diluted earnings
per share
YenYenSeptember 30, 2022

283.22－September 30, 2021

204.79－(2) Non-consolidated financial position
Total assets
As ofNet assets

Equity-to-asset ratio

Millions of yen

Millions of yen

September 30, 2022

47,78818,19938.1

March 31, 2022

46,886

16,061

34.3

Reference:

EquityAs of September 30, 2022:
As of March 31, 2022:¥18,199 million¥16,061 million%

2. Cash dividends
Annual dividends per shareFirst quarter-end

Second quarter-end

Third quarter-end

Yen

Yen

Yen

Fiscal year ended
March 31, 2022
Fiscal year ending
March 31, 2023

－15.00－20.00Fiscal year ending
March 31, 2023
(Forecast)Fiscal year-end

TotalYen

Yen－15.00

30.00－20.0040.00

Note: Revisions to the forecast of cash dividends most recently announced: None3.

Forecast of financial results for the fiscal year ending March 31, 2023 (from April 1, 2022 to March 31, 2023)(Percentages indicate year-on-year changes.)
Net sales
Millions of yen

Full year

35,000Operating profit% Millions of yen

5.6

5,150

Ordinary profit% Millions of yen

11.4

5,000

Note: Revisions to the forecast of financial results most recently announced: Yes

Basic earnings
per share

Profit% Millions of yen

4.3

3,500%

1.2

Yen

440.98

* Notes(1) Adoption of accounting treatment specific to the preparation of quarterly non-consolidated financialstatements: None
(2) Changes in accounting policies, changes in accounting estimates, and restatement(i) Changes in accounting policies due to revisions to accounting standards and other regulations: None(ii) Changes in accounting policies due to other reasons: None(iii) Changes in accounting estimates: None(iv) Restatement: None
(3) Number of issued shares (common shares)(i)

Total number of issued shares at the end of the period (including treasury shares)
As of September 30, 2022

8,143,390 shares

As of March 31, 2022

8,143,390 shares(ii) Number of treasury shares at the end of the period
As of September 30, 2022

206,467 shares

As of March 31, 2022

206,467 shares(iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscalyear)
Six months ended September 30, 2022

7,936,923 shares

Six months ended September 30, 2021

7,937,036 shares* Quarterly financial results reports are exempt from quarterly review conducted by certified public accountants
or an audit corporation.