Summary of Business Results for the Year Ended January 2022
[Japan GAAP] (Consolidated)
March 3, 2022
Company
Stock Code
RepresentativeContact

TAKASHO CO., LTD.
Listed on the TSE7590
URL: https://takasho.co.jp/Nobuo Takaoka, President & CEO
Atsushi Inoue,
T E L: +81-73-482-4128
Corporate Officer, Corporate Management Headquarters Vice Director
Expected date of annual shareholders’ meeting: April 13, 2022
Expected starting date of dividend payment: April 14, 2022
Expected date of filing of annual securities report: April 15, 2022
Preparation of supplementary financial document: Yes
Results briefing: Yes (for institutional investors and analysts)（Rounded down to million yen）

1. Consolidated business results for the fiscal year ended January 2022
(January 21, 2021 through January 20, 2022)(1) Consolidated results of operations(% change from the previous corresponding period)

Net sales

Operating income

Million yen% Million yen
Year ended Jan. 2022
20,78112.4
1,474Year ended Jan. 2021
18,4866.5
1,156(Note) Comprehensive income:Year ended January 2022: 1,375 million yen (42.3%)
Year ended January 2021: 966 million yen (279.8%)
Net income
per share%
27.4
117.7

Diluted net income
per share

Yen
Year ended Jan. 2022
65.00
65.36
Year ended Jan. 2021
(Reference) Investment earnings/loss on equity-method:Year ended January 2022: - million yen
Year ended January 2021: - million yen

Ordinary income
Million yen
1,530
1,152

Return onequityYen
64.87
65.32%
8.9
10.6%
32.8
145.7

Net income attributable toowners of parent

Million yen
1,001
952

Ratio of ordinary
income to total
assets%
7.1
6.0%
5.1
369.2

Ratio of operating
income to net sales%
7.1
6.3(2) Consolidated financial position
Total assets
Million yen
23,665
19,691

As of Jan. 2022
As of Jan. 2021

Net assets
Million yen
13,064
9,516

Shareholders’ equity
ratio%
54.8
47.9

Net assets per
shareYen
739.30646.41(Reference) Shareholders’ equity:
As of January 2022: 12,957 million yen
As of January 2021: 9,423 million yen(3) Consolidated results of cash flows

Year ended Jan. 2022
Year ended Jan. 2021

Cash flows fromoperating activities
Million yen
1,484
1,899

Cash flows frominvesting activities
Million yen-708-438- 1 -Cash flows fromfinancing activities
Million yen
741-307

Cash and cash equivalents
at the end of period
Million yen
5,600
3,942

2. Dividends
Annual dividendYear ended Jan. 2021
Year ended Jan. 2022
Year ending Jan. 2022
(forecast)End of
1Q
Yen-

End of
2Q
Yen
0.00
0.00
0.00

End of
3Q
Yen-Year-end

Total
dividend(Total)

Total

Yen
20.00
30.00
30.00

Yen
20.00
30.00
30.00

Dividend
payout ratio(Consolidated)

Million yen
291
403%
30.6
35.4
34.0

Rate of total
dividend tonet assets(Consolidated)%
3.2
3.3

3．Forecast of consolidated business results for the fiscal year ending January 2023
(January 21, 2022 through January 20, 2023)
Net sales
Million yen

Year ending Jan. 2022

23,204(% change from the previous year)

Operating income%

Million yen

11.7

1,568%%Net income attributable toowners of parent
Million yen
%

7.1

1,184

Ordinary income
Million yen

6.4

1,639

18.3

Net income
per share
Yen

67.55

* Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes

in the scope 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: None: None: None: None(3) Shares outstanding (common stock)① Number of shares outstanding at the end of period (treasury stock included)
As of January 2022
17,590,114 shares
As of January 2021
14,679,814 shares② Treasury stock at the end of period:
As of January 2022
63,578 shares
As of January 2021
101,485 shares③ Average number of stock during period (cumulative period)
Year ended January 2022
15,401,799 sharesYear ended January 2021
14,578,329 shares(Reference) Summary of non-consolidated business results
1. Non-consolidated business results for the fiscal year ended January 2022
(January 1, 2021 through January 20, 2022)(1) Non-consolidated results of operations

Year ended Jan. 2022
Year ended Jan. 2021

Net sales
Million yen
16,812
14,612

%
15.1
2.5

Yen
32.90
26.67

Diluted net income pershareYen
32.83
26.65

Net incomeper share
Year ended Jan. 2022
Year ended Jan. 2021(% change from the previous corresponding period)
Operating income
Million yen%
681
47.0
463
70.9

- 2 -Ordinary income
Million yen%
765
35.8
564
277.0

Net income
Million yen
%
506
30.3
388
502.4

(2) Non-consolidated financial position
Total assets
As of Jan. 2022
As of Jan. 2021

Million yen
16,99914,018

Net assets
Million yen
7,824
5,148

Shareholders’ equity
ratio

Net assets pershare%
46.0
36.7

Yen
446.33353.01(Reference) Shareholders’ equity:
As of January 2022: 7,822 million yen
As of January 2021: 5,146 million yen*Financial summary is not subject to auditing procedure 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
and certain 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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