Translation
Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any
discrepancy between this translated document and the original Japanese document, the latter shall prevail.

Summary of Non-Consolidated Financial Results
for the Three Months Ended June 30, 2022
(Based on Japanese GAAP)
July 28, 2022
Company name:Takakita Co., Ltd.
Stock exchange listing: Tokyo, Nagoya
Stock code:
Representative:

6325
URL http://www.takakita-net.co.jp
Representative Director and President
Mitsuo Matsumoto

Inquiries:

Division Manager,
Corporate Administration Division

Atsushi Nakabou

Scheduled date to file Quarterly Securities Report:
Scheduled date to commence dividend payments:

August 5, 2022
–Preparation of supplementary material on quarterly financial results:
Holding of quarterly financial results meeting:

NoNo

TEL

0595-63-3111(Amounts less than one million yen are rounded down)
1. Non-consolidated financial results for the three months ended June 30, 2022 (from April 1, 2022 to June 30, 2022)(1) Non-consolidated operating results (cumulative)
Percentages indicate year-on-year changes
Net sales
Three months ended June 30, 2022
Three months ended June 30, 2021

Operating profit

Millions of yen
1,781
1,802

Ordinary profit

Profit% Millions of yen% Millions of yen% Millions of yen%
(1.1)
176
(2.5)
189(0.2)
129(1.3)
27.4
180 196.3
189 169.3
131 164.0

Earnings per share

Diluted earnings per share

Yen
11.31
11.39

Three months ended June 30, 2022
Three months ended June 30, 2021

Yen
11.20
11.30

(2) Non-consolidated financial position
Total assets

Net assets

Millions of yen
8,827
8,647

As of June 30, 2022
As of March 31, 2022

Equity ratio

Millions of yen
6,900
6,899

%
77.6
79.2

2. Cash dividends
Annual dividends per share
1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––

Yen
5.00

Yen–

Yen
5.00

Yen
10.00

5.00

–

5.00

10.00

Year ended March 31, 2022
Year ending March 31, 2023
Year ending March 31, 2023 (Forecast)Total

3. Forecast of non-consolidated financial results for the year ending March 31, 2023 (from April 1, 2022 to March 31, 2023)
Percentages indicate year-on-year changes
Net sales
Millions of yen
Six months ending
September 30, 2022
Full year

Operating profit% Millions of yen

Ordinary profit% Millions of yen

Profit% Millions of yen

Earnings per share%

Yen

4,000

5.7

300(19.7)315(19.5)200(24.1)

17.40

7,200

2.5

400(24.5)450(24.2)

300(25.0)

26.10

1

4. Notes(1) Application of special accounting methods for preparing quarterly non-consolidated financial statements: No(2) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements
NoChanges in accounting policies due to revisions to accounting standards and other regulations:
Changes in accounting policies due to other reasons:
Changes in accounting estimates:

NoNo

Restatement of prior period financial statements:

No(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, 2022

14,000,000 shares As of March 31, 2022

14,000,000 shares

Number of treasury shares at the end of the period
As of June 30, 2022

2,506,217 shares As of March 31, 2022

2,506,217 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Three months ended June 30, 2022

11,493,783 shares Three months ended June 30, 2021

211,551,295 shares

Quarterly non-consolidated financial statements
Non-consolidated balance sheets(Thousands of yen)
As of March 31, 2022

As of June 30, 2022

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade

1,204,439
1,107,782

995,775
790,366

Electronically recorded monetary claims - operating
Merchandise and finished goods

1,137,763
781,851

1,499,307
933,444

Work in process
Raw materials and supplies

139,389
321,661

142,730
400,482

Accounts receivable - other
Other

365,848
15,892590,970
15,062

5,074,629

5,368,141

1,010,610
299,783

996,645285,259

559,638
173,679

559,638
176,643

2,043,713

2,018,186

Intangible assets
Investments and other assets

209,475

197,716

Investment securities
Other

956,791
363,577

852,667
390,956

Total current assets
Non-current assets
Property, plant and equipment
Buildings, net
Machinery and equipment, netLand
Other, net
Total property, plant and equipment

Allowance for doubtful accounts

(666)

(636)

Total investments and other assets

1,319,702

1,242,988

3,572,891

3,458,891

8,647,520

8,827,032

Notes and accounts payable - trade
Electronically recorded obligations - operating

360,026
502,242442,745577,426

Short-term borrowings
Income taxes payable

70,000151,283

70,00089,669Provision for bonuses
Other

113,945
309,529

35,340502,428

Total current liabilities

1,507,029

1,717,610

Total non-current assets
Total assets
LiabilitiesCurrent liabilities

Non-current liabilities
Provision for retirement benefits

175,923

164,415

Provision for retirement benefits for directors (and otherofficers)

4,100

4,100

Other

60,84140,331

Total non-current liabilities
Total liabilities

3

240,866

208,847

1,747,896

1,926,458

(Thousands of yen)
As of March 31, 2022

As of June 30, 2022

Net assets
Shareholders' equity
Share capital

1,350,000

1,350,000

Capital surplus
Retained earnings

832,196
4,894,888

832,1964,967,362

Treasury shares(649,492)(649,492)

Total shareholders' equity

6,427,592

6,500,066

Valuation difference on available-for-sale securities
Deferred gains or losses on hedges

420,717625

349,249
569

Total valuation and translation adjustments

421,342

349,819

50,68950,6896,899,624

6,900,574

8,647,520

8,827,032

Valuation and translation adjustments

Share acquisition rights
Total net assets
Total liabilities and net assets

4Non-consolidated statements of income (cumulative)(Thousands of yen)Three months ended

Three months ended

June 30, 2021

June 30, 2022

Net sales
Cost of sales

1,802,523
1,202,825

1,781,960
1,176,385

Gross profit

599,698

605,575

Selling, general and administrative expenses

418,947

429,282

Operating profit

180,750

176,293

Interest income
Dividend income

0
4,687

0
5,873

Rental income from real estate
Other

5,813
1,128

5,813
2,720

Total non-operating income

11,62914,408

6259

1,044
1,347

1,165
–

139

10

Non-operating income

Non-operating expenses
Interest expenses
Rental costs on real estate
Sales discounts
Other

2,593

1,234

Ordinary profit

Total non-operating expenses

189,786189,466

Profit before income taxes

189,786

189,466

Income taxes - current
Income taxes - deferred

81,665(23,498)

81,962(22,438)

Total income taxes

58,16759,524

Profit131,619

129,9425