Summary of Financial Results for the First Quarter of theFiscal Year Ending March 31, 2022
(Based on Japanese GAAP)
August 6, 2021
Company name:
Stock exchange:
Stock code:
Representative:
Contact:

TOYO GOSEI CO., LTD.
Tokyo Stock Exchange
4970
URL https://www.toyogosei.co.jp/
Yujin Kimura, President and Representative Director
Hiroyuki Taki, Division Manager of Financial and Accounting Division
TEL: +81-3-5822-6170
Scheduled date to file Quarterly Securities Report:
August 10, 2021
Scheduled date to commence dividend payments:
Preparation of supplementary material on financial results:
YesHolding of financial results meeting:None(Amounts less than one million yen are rounded down)
1. Financial results for the first Quarter of the fiscal year ending March 31, 2022 (from April 1, 2021 to June 30, 2021)(1) Operating results (cumulative)(Percentages indicate year-on-year changes)
First quarter ended
March 31, 2022
March 31, 2021

Net sales
Millions ofyen
8,309
6,589

%
10.6

Operating profit
Millions of%
yen
1,492
96.2
760
28.0

Ordinary profit
Millions of%
yen
1,475
88.9
781
47.0

Net profit
Millions ofyen
1,020542%
88.0
48.0

Diluted earnings pershareFirst quarter ended
YenYenMarch 31, 2022
128.55
March 31, 2021
68.38
Note:
The "Accounting Standard for Revenue Recognition" (ASBJ Statement No.29, March 31, 2020), etc. has been applied
from the beginning of the first quarter ended June 30, 2021. As a result, the percentages indicating year-on-year changes
are not presented as the figures for net sales for the first quarter of the fiscal year ending March 31, 2022, are the figures
after the application of this accounting standard.
Earnings per share(2) Financial positionAs ofJune 30, 2021
March 31, 2021
Reference:
EquityTotal assets
Net assets
Equity ratio
Millions of yen
Millions of yen%
43,457
13,73531.6
43,518
12,79029.4
As of June 30, 2021: 13,753 million yen
As of March 31, 2021: 12,790 million yen

2. Cash dividends
Annual dividends
First quarter-end Second quarter-end Third quarter-end
Yen
Yen
Yen
10.00
-

Fiscal year
Yen
10.00

-

15.00

Year ended March 31, 2021
Year ending March 31, 2022
Year ending March 31, 2022
15.00
(Forecast)
Note:
Revisions to the forecasts of cash dividends most recently announced: None―1―TotalYen
20.00
30.00

3. Forecast of financial results for the year ending March 31, 2022 (from April 1, 2021 to March 31, 2022)
Percentages indicate year-on-year changes
Net salesFirst half ending
September 30, 2021
Full year
Note:

Operating profit

Ordinary profit

Net profit

Earnings per share

Millionsof yen%Millionsof yen%Millionsof yen%Millionsof yen%Yen

15,000-

1,980

51.5

1,900

48.7

1,300

50.2

163.7930,000-

3,550

20.8

3,400

14.0

2,400

2.3

302.38

Revisions to the forecasts of financial results most recently announced:
None
The "Accounting Standard for Revenue Recognition" (ASBJ Statement No.29, March 31, 2020), etc. has been applied
from the beginning of the first quarter ended June 30, 2021. As a result, the percentages indicating year-on-year changes
are not presented. If the previous method had been used, net sales would be 15,560 million yen (YOY +21.2%) in the firsthalf and 31,150 million yen (YOY +14.7%) for the full year.

* Notes(1) Application of special accounting methods for preparing quarterly financial statements:

None(2) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements
Changes in accounting policies due to revisions to accounting standards and other regulations:
Yes
Changes in accounting policies due to other reasons:
None
Changes in accounting estimates:
None
Restatement of prior period financial statements
None(3) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of June 30, 2021

8,143,390 shares

As of March 31, 2021 8,143,390 shares

Number of treasury shares at the end of the period
As of June 30, 2021

206,340 shares

As of March 31, 2021

206,340 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
First quarter ended March 31, 2022

7,937,050 shares―2―First quarter ended March 31, 2021 7,937,098 shares