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.

May 2, 2022

Consolidated Financial Results
for the Fiscal Year Ended March 31,2022(Under Japanese GAAP)
Company name: RIKEN TECHNOS CORPRATION
Listing:
Tokyo Stock Exchange
Securities code:
4220
URL:
https://www.rikentechnos.co.jp
Representative:
Kazuaki Tokiwa, Representative Director, President & CEOInquiries:
Ryoichi Takami, Accounting General Manager
Telephone:+81-3-5297-1650
Scheduled date of annual general meeting of shareholders:June 17, 2022
Scheduled date to commence dividend payments:
June 20, 2022
Scheduled date to file annual securities report:
June 17, 2022
Preparation of supplementary material on financial results:
None
Holding of financial results briefing:
Yes (for Institutional Investors & Analysts)(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Consolidated financial results for the fiscal year ended March 31, 2022 (from April 1, 2021 to March 31,2022)(1) Consolidated operating results(Percentages indicate year-on-year changes.)

Net sales

Operating profit

Profit attributable toowners of parent

Ordinary profit

Fiscal year ended

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%March 31, 2022

109,923

24.6

6,292

18.4

6,889

21.9

3,941

21.9

March 31, 2021

88,224(10.7)

5,313

(4.8)

5,652

(0.3)

3,234

5.5

Note: Comprehensive income

For the fiscal year ended March 31,2022:
For the fiscal year ended March 31,2021:

Basic earnings
per share

Diluted earnings
per share¥6,457 million¥5,364 million

Return on equity[20.4%][25.2%]

Ratio of ordinary
profit to total assets

Ratio of operating
profit to net sales

Fiscal year ended

YenMarch 31, 2022

62.47

-

7.1

7.0

5.7

March 31, 2021

51.22

-

6.3

6.0

6.0

Reference:

Yen%%%

Share of profit (loss) of entities accounted for using equity method
For the fiscal year ended March 31, 2022:¥- million
For the fiscal year ended March 31, 2021:¥- million(2) Consolidated financial position
Total assets
As ofNet assets

Equity-to-asset ratio

Net assets per share

Millions of yen

Millions of yen

March 31,2022

102,641

65,44856.3

914.83

March 31,2021

95,20861,07656.4

852.51

Reference:

EquityAs of March 31, 2022:
As of March 31, 2021:¥57,762 million¥53,741 million%

Yen(3) Consolidated cash flows
Cash flows fromoperating activities

Cash flows frominvesting activities

Cash and cash
equivalents at end ofperiod

Cash flows fromfinancing activities

Fiscal year ended

Millions of yen

Millions of yen

Millions of yen

Millions of yen

March 31, 2022

4,572

(2,438)(2,946)

20,677

March 31, 2021

9,387

(3,002)(2,796)21,0802. Cash dividends
Annual dividends per shareFirstSecond
Third
quarter-end quarter-end quarter-end
Yen
Fiscal year ended
March 31, 2021
Fiscal year ended
March 31, 2022
Fiscal year ending
March 31, 2023
(Forecast)

Yen

Fiscalyear-end

Yen

Total

Yen

Ratio ofPayout ratio dividends to(Consolidated) net assets(Consolidated)

Total cash
dividends(Total)Yen Millions of yen%%-

4.00

-

12.00

16.00

1,009

31.2

1.9-

8.00

-

11.00

19.00

1,218

30.4

2.2-

9.00-10.00

19.00

36.4

Note: Total dividends do not include ¥18 million of dividends to Trust Account E that trust account established by Board Benefit
Trust (BBT) and Stock Benefit Trust (Employee Stockholding Association Purchase-type).

3. Consolidated financial forecasts for the fiscal year ending March 31, 2023 (from April 1, 2022 to March31, 2023)
Net sales
Millions of yen
Six months ending
September 30, 2022
Fiscal year ending
March 31, 2023

Operating profit% Millions of yen

Profit attributable toowners of parent

Ordinary profit% Millions of yen% Millions of yen

Basic earnings
per share%Yen

60,000 17.7

2,800 (9.0)

2,800 (15.4)

1,400 (34.5)

22.17

125,000 13.7

6,500

6,500 (5.6)

3,300 (16.3)

52.26

3.3

* Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in the change
in scope of consolidation): None
Newly included: - companies ( - )Excluded:- companies ( - )(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: Yes(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 March 31, 2022

64,113,819 shares

As of March 31, 2021

64,113,819 shares(ii) Number of treasury shares at the end of the period
As of March 31, 2022

973,846 shares

As of March 31, 2021

1,074,844 shares(iii) Average number of shares outstanding during the period
Fiscal year ended March 31, 2022

63,090,216 sharesFiscal year ended March 31, 2021

63,146,542 shares[Reference] Overview of non-consolidated financial results
1. Non-consolidated financial results for the fiscal year ended March 31, 2022 (from April 1, 2021 toMarch 31, 2022)(1) Non-consolidated operating results(Percentages indicate year-on-year changes.)

Net sales

Operating profit

Ordinary profit

ProfitFiscal year ended

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%March 31, 2022

43,57822.7

2,567

75.0

4,260

33.6

3,615

36.3

March 31, 2021

35,516(14.7)

1,466(21.6)

3,188(13.5)

2,652

49.2

Basic earnings
per share

Diluted earnings
per share

Fiscal year ended

Yen

March 31, 2022

57.30

-

March 31, 2021

42.01

-Yen

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

Equity-to-asset ratio

Net assets per share

Millions of yen

Millions of yen

March 31, 2022

71,69850,80570.9

804.64

March 31, 2021

65,73948,14073.2

763.66

Reference:

EquityAs of March 31, 2022:
As of March 31, 2021:¥50,805 million¥48,140 million%

Yen2. Non-consolidated financial forecasts for the fiscal year ending March 31, 2023 (from April 1, 2022 toMarch 31, 2023)
Net sales

Ordinary profit

Millions of yen
Six months ending
September 30, 2022
Fiscal year ending
March 31, 2023%

Basic earnings
per shareProfit

Millions of yen%

Millions of yen%

Yen

28,500-1,300-

1,000-

15.84

59,000

35.4

4,400

3.3

3,300

(8.7)

52.26

* Financial results reports are exempt from audit conducted by certified public accountants or an auditcorporation.
* Proper use of earnings forecasts, and other special matters
The earnings forecasts and other forward-looking statements herein are based on information currently
available to the Company and on certain assumptions deemed to be reasonable. Actual results, etc. may differ
materially from the forecasts due to various factors.