TRANSLATED
November 12, 2021

Consolidated 3rd Quarter Financial Results
for the Fiscal Year Ended December 31, 2021
(January 1, 2021 to September 30, 2021)
Company name:
Stock code:
Stock exchange listing (Section):
Head office:
URL:
President:
Contact:

Telephone:
Scheduled date of filing quarterly financial
statement:
Scheduled date of payment of cash dividends:

SIIX Corporation
7613
Tokyo Stock Exchange, (First Section)
Osaka, Japan
https://www.siix.co.jp
Koji Yanase
Seiji Ono
Director, Executive Officer and General Manager,
Finance and Accounting Department+81-6-6266-6415
November 12, 2021－(Amounts rounded down to million yen)

1. Consolidated Financial Results (January 1, 2021 – September 30, 2021)(1) Consolidated Results of Operations(The percentages in the table below represent changes from the previous fiscal year)
Net sales
Operating income
Ordinary income
YoY change
YoY change
YoY
Million yen
Million yen
Million yen(%)(%)
change (%)
3rd quarter ended Sep. 2021
3rd quarter ended Sep. 2020

163,807
128,632

27.3(23.8)

Profit attributable to owners ofparent
YoY change
Million yen(%)
3rd quarter ended Sep. 2021
3rd quarter ended Sep. 2020

3,274594

3,598
2,867

4,233
2,691

57.3
(41.7)Net income per share (basic)

Net income per share (diluted)

Yen

Yen

451.0
(81.7)(note) Comprehensive income
3rd quarter ended September 2021:
3rd quarter ended September 2020:

25.5(36.5)

69.28
12.57

69.18
12.11

7,460 million yen (y/y －%)-1,705 million yen (y/y －%)(2) Consolidated Financial Position
Total assets
Million yen
3rd quarter ended Sep. 2021
Year ended Dec. 2020
(Reference) Stockholders’ equity:
3rd quarter ended September 2021:
Year ended December 2020:

Net assets
Million yen
153,861
144,436

Capital-to-asset ratio%
62,50056,49862,034 million yen
56,084 million yen

―1―

40.3
38.8

TRANSLATED
2. Dividends
Annual dividends per share(Base date)

1st quarter2nd quarter
Yen
14.00
15.00

―
Year ended Dec. 2020―
Year ended Dec. 2021
Year ended Dec. 2021
(forecasts)(note) Changes in Forecasts for Dividends during this quarter:

3rd quarter

Term-endYen

――

15.00

Annual dividends
Yen
29.00

15.00

30.00

None

3. Consolidated Business Performance Forecasts for the Year Ending December 2021
(January 1, 2021 – December 31, 2021)
Net sales
Million yen
Full year(The percentages in the table below represent changes from the previous fiscal year)
Operating income
Ordinary income
YoY change
YoY change
YoY
Million yen
Million yen(%)(%)
change (%)

210,000

15.6

5,500

23.8(Note) Changes in Consolidated Business Performance Forecasts for the Fiscal Year Ending December 2021 during this quarter:

ChangeProfit attributable to owners ofparent
YoY change
Million yen

5,000

Net income per share (basic)
Yen(%)

Full year

4,500

12.3

161.0

95.22

＊ Note(1) Transfer of important subsidiaries during the period (transfer of specific subsidiaries in association with changes in thescope of consolidation):
Change(Changes in particular subsidiaries resulting in changes in the scope of consolidation)
Newly added: 1 company (Company name: PT. SIIX Trading Indonesia)
Excluded: 1 company (Company name: SIIX Bangkok Co., Ltd.)(2) Adoption or non-adoption of a specific method in accounting procedures:

None(3) Changes in accounting policy and accounting estimate, and restatement related to consolidated financial statements(i) Changes associated with the revision of accounting standards:
None(ii)Changes other than those described in (i):None(iii)Changes in accounting estimate:None(iv)Restatement:
None(4) Number of outstanding shares (common shares)(i) Number of outstanding shares at the end of the fiscal year (including treasury stock):3rd quarter ended Sep. 2021:
50,400,000 sharesYear ended Dec. 2020:
50,400,000 shares(ii) Number of treasury stock at the end of the fiscal year:
3rd quarter ended Sep. 2021:
3,139,763 sharesYear ended Dec.2020:
3,139,729 shares(iii)Average number of shares outstanding:
3rd quarter ended Sep. 2021:
47,260,243 shares
3rd quarter ended Sep. 2020:
47,256,113 shares.
*These financial statements have not been prepared for the purpose of review procedures.
*Explanations and other special notes concerning the appropriate use of business performance forecasts
The consolidated business performance forecasts given above are based on the information available at the current time and assumptionsof supposable market trends, etc., and thus may greatly differ from future performance for a variety of future reasons.

―2―TRANSLATED■ Consolidated Financial Statements(1) Consolidated Balance Sheets(JPY in millions)
As of Dec. 31, 2020

As of Sep. 30, 2021

AssetsCurrent assets
Cash and deposits

23,13012,206

Notes and accounts receivable-trade

37,05740,489Merchandise and finished goods

19,274

20,337Work in process

1,376

1,678

Raw materials and supplies

15,88029,144

Other

7,574

7,269

Allowance for doubtful accounts

(39)

(46)

104,254

111,079

Buildings and structures, net

13,551

14,480Machinery, equipment and vehicles, net10,575

11,912

Land

3,815

3,849

Other, net

4,124

3,708

Total property, plant and equipment

32,06633,951Intangible assets

2,421

2,574

Investment securities

2,101

2,326

Investments in capital

958

1,019

Other

3,156

3,435

Allowance for doubtful accounts

(523)

(525)

5,693

6,255

40,18142,781

144,436

153,861

Total current assets
Noncurrent assets
Property, plant and equipment

Investments and other assets

Total Investments and other assets
Total noncurrent assets
Total assets―3―TRANSLATED(JPY in millions)

As of Dec. 31, 2020

As of Sep. 30, 2021

Liabilities
Current liabilities
Accounts payable-trade

27,481

34,404

Short-term loans payable

23,81020,605

Income taxes payable

1,710

1,399

Other

6,852

8,794

59,85565,204

Bonds

10,00010,000Long-term loans payable

12,061

10,112

751

797

5,269

5,245

28,082

26,15587,93791,360Capital stock

2,144

2,144

Capital surplus

5,631

5,631

Retained earnings

53,98055,787

Treasury stock(5,949)(5,949)55,806

57,612Foreign currency translation adjustment

90323

468
4,084

Adjustment for retirement benefits

(136)

(131)

Total accumulated comprehensive income

277

4,421

Subscription rights to shares

5975

Non-controlling interests

354

391

Total net assets

56,49862,500Total liabilities and net assets

144,436

153,861

Total current liabilities
Noncurrent liabilities

Liabilities for retirement benefits
Other
Total noncurrent liabilities
Total liabilities
Net assets
Shareholders' equity

Total shareholders' equity
Accumulated comprehensive income
Valuation difference on available-for-sale securities―4―

TRANSLATED(2) Consolidated Statements of Income(JPY in millions)Sep. 1, 2020 - Sep. 30, 2020

Sep. 1, 2021 - Sep. 30, 2021

Net sales

128,632

163,807

Cost of sales

117,151

149,086

Gross profit

11,48014,721

Selling, general and administrative expenses

8,613

11,122

Operating income

2,867

3,598

Interest income

89

16

Dividends income

47

32

Share of profit of entities accounted for using equity method－7

Foreign exchange gains－170

Subsidy income

168

122

Gain on sales of goods

115

553

Non-operating income

Gain on sales of scrap

127137

Other173

283

Total non-operating income

7211,323

Interest expenses

289

223

Share of loss of entities accounted for using equity method

156－

Foreign exchange losses
Purchase of goods

85
60－
405

Other30559

Total non-operating expenses

897

687

2,691

4,233

Gain on reversal of share acquisition rights

20

Total extraordinary income

20Losses related to COVID-19

1,684

－

Total extraordinary losses

1,684

－

1,009

4,234

Income taxes-current

309

1,559

Income taxes-deferred

106

(604)

Total income taxes-current

416

955

Net Income

592

3,278

Profit (loss) attributable to non-controlling interests(1)

4

Profit attributable to owners of parent

594

3,274

Non-operating expenses

Ordinary income
Extraordinary income

Extraordinary loss

Income before income taxes―5―

TRANSLATED
Consolidated Statements of Comprehensive Income(JPY in millions)Sep. 1, 2020 - Sep. 30, 2020
Net Income

Sep. 1, 2021 - Sep. 30, 2021

592

3,278

Valuation difference on available-for-sale securities

113379Deferred gains or losses on hedges(0)－Foreign currency translation adjustment(2,410)

3,752

Remeasurements of defined benefit plans

16

10Equity equivalent of equity method affiliate

(17)

38

(2,298)4,181(1,705)

7,460(1,701)

7,423

(4)

36

Other comprehensive income

Total other comprehensive income
Comprehensive income(Content)
Comprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests―6―

TRANSLATED(3) Notes to Quarterly Consolidated Financial Statements(Notes on premise of a going concern)
Not applicable.
(Notes in the event of a significant change in the amount of shareholders' equity)
Not applicable.
(Additional Information)
Accounting estimate for the impact of the COVID-19 infection
During the 3rd quarter of the current fiscal year, there were no significant changes to the accounting estimates regarding theimpact of the COVID-19 infection described in Additional Information of the 29th Annual Securities Report.
Although the Group has made careful estimates based on external information available at the time of preparation of thequarterly consolidated financial statements, the timing of convergence of the said infectious disease is currently
unpredictable, and actual results may differ from the above estimates.

―7―

TRANSLATED【Segment Information】Ⅰ 3rd quarter of previous year (1st Jan. 2020 – 30th Sep. 2020)
2
Information of net sales and income or loss by segments
Reportable Segment
Japan

China

ASEAN

EuropeAmericas

Total(JPY in millions)
Consolidated
incomeAdjustment
statement(note 1)
(note 2)

Sales
Sales to third parties

30,50033,41837,446

6,334

20,898

128,598

33

128,632

Intersegment sales and transfers

22,316

13,671

12,509585

6,938

56,021(56,021)―

Total

52,81747,08949,956

6,920

27,836

184,620(55,988)

128,632

Segment income or loss

(129)

1,021

1,652

(170)

564

2,938

(71)

2,867

(note 1) Adjustment is as following;
1. The amount of adjustment in sales to third parties, 33 million yen, is sales in Corporate segment.
2. The amount of adjustment in inter-segment sales and transfer, -56,021 million yen, is the amount of elimination of internal transactions between segments.
3. The amount of adjustment in segment income, -71 million yen, is the amount of elimination of internal transactions between segments.
(note 2) The amount of adjustment in segment income is adjusted with operating income in the quarterly consolidated statements of income.

2 Information of assets by segments
Not applicable.
Ⅱ 3rd quarter of current year (1st Jan. 2021 – 30th Sep. 2021)

1

Information of net sales and income or loss by segments
Reportable Segment
Japan

China

ASEAN

EuropeAmericas

Total(JPY in millions)
Consolidated
Adjustment
incomestatement(note 1)
(note 2)Sales
to third parties

35,196

42,62347,63910,794

27,528

163,782

24

163,807

Intersegment sales and transfers

31,12016,155

14,160770

5,398

67,604(67,604)―

66,316

58,77961,80011,56432,926

231,387(67,580)

163,807(37)

1,133

2,496

(118)

388

3,861(263)3,598

TotalSegment income or loss
(note 1) Adjustment is as following;

1. The amount of adjustment in sales to third parties, 24 million yen, is sales in Corporate segment.
2. The amount of adjustment in inter-segment sales and transfer, -67,604 million yen, is the amount of elimination of internal transactions between segments.
3. The amount of adjustment in segment income, -263 million yen, is the amount of elimination of internal transactions between segments.
(note 2) The amount of adjustment in segment income is adjusted with operating income in the quarterly consolidated statements of income.

2 Information of assets by segments
Not applicable.

―8―