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

Consolidated Financial Results for the Fiscal Year Ended March 31, 2023 [Japanese GAAP]
Company Name
Securities Code
RepresentativeInquiries

May 11, 2023
(Listed on Tokyo Stock Exchange)
4246
URL https://www.daikyonishikawa.co.jp/en/
Nariaki Uchida, Representative Director and President
Hironori Matsuo, Executive Officer and Corporate Planning Division ManagerTel. 082-493-5610

DaikyoNishikawa Corporation

Scheduled date of annual general meeting of shareholders
Scheduled date to commence dividend payments
Scheduled date to file securities report
Preparation of supplementary materials on financial results
Holding of annual results meeting: June 22, 2023
: June 23, 2023
: June 22, 2023
: None: Yes(Amounts less than one million yen are rounded off)
１.Consolidated results for the fiscal year ended March 31, 2023
(1) Consolidated operating results(Percentages indicate year-on-year changes)
Net Sales
Fiscal year ended

Operating income

millions of yen% millions of yen

Profit attributable toowners of the parent

Operating income% millions of yen% millions of yen%March 31, 2023
145,74424.9
3,453－
2,864－518
March 31, 2022
116,669 (22.3)(2,632)－(985)－(2,085)
Note:Comprehensive income For the fiscal year ended March 31, 2023 :
3,607 million yen (－%)
For the fiscal year ended March 31, 2022 :(724) million yen (－%)
Net income
per share
Fiscal year ended

Diluted net
income per share

Net income/shareholders' equity

yen％yen－－Ordinary income/ Operating income
total assets/ net sales％％March 31, 2023
7.30
－
0.7
1.8
March 31, 2022
(29.37)－(2.8)(0.6)
Reference : Share of profit (loss) of investments accounted for using equity method
For the fiscal year ended March 31, 2023 :(34)For the fiscal year ended March 31, 2022 :
125

2.4
(2.3)
million yen
million yen(2) Consolidated financial position
Total assets
As ofmillions of yen

Net assets

Shareholders'equity ratio

millions of yen

Net assets
per share％yen

March 31, 2023
162,899
78,422
March 31, 2022
156,162
76,918Reference : Shareholders' Equity
As of March 31, 2023:

46.4
47.5
75,603 million yen

As of March 31, 2022:

74,231 million yen

1,063.76
1,045.26(3) Consolidated cash flows
Cash and cash
Cash flows from
Cash flows from
Cash flows fromequivalents at the end
operating activities investing activities financing activitiesof period
Fiscal year ended

millions of yen

millions of yen

millions of yen

millions of yen

March 31, 2023
March 31, 2022

14,0483,705(8,991)(20,107)(7,618)3,579

18,944
20,867

2. Dividends
Cash dividends per share
First
SecondThird
quarter-end quarter-end quarter-end
Fiscal year ended
yen
yen
yen

Fiscalyear-end
yen

Ratio ofDividend

Total

Total cash payout ratio dividends todividends (Consolidated) net asset

yenmillions of yen%(Consolidated)%

2,130
2,132－
411.2

2.8
2.8

March 31, 2023
March 31, 2022

－
－

15.00
15.00

－－

15.00
15.00

30.00
30.00

Year ending March
31,2024(Forecasts)

－

15.00

－

15.00

30.00

44.4

3.Consolidated earnings forecasts for the fiscal year ending March 31, 2024
(Percentages indicate year-on-year changes)
Net sales
Apr.1-Sep.30,2023
Year ending
March 31, 2024

Net incomeper share

Profit attributable toowners of the parent

Operating income Ordinary income

millions of yen%

millions of yen%

millions of yen%millions of yen%

yen

79,000163,000

25.4
11.8

2,300
8,200－
137.4

1,700
7,200－
151.3

900
4,800－
825.9

12.66
67.54

* Note(1) Changes in significant subsidiaries during the period(changes in specified subsidiaries resulting in the change in scope of consolidation)： None(2) Changes in accounting policies, changes in accounting estimates, and restatement of prior period
financial statements
1) Changes in accounting policies due to revisions to accounting： Yesstandards and other regulations
2) Changes in accounting policies due to other reasons： None3) Changes in accounting estimates： None4) Restatement of prior period financial statements： None(3) Number of shares outstanding (Common shares)
1) Total number of shares outstanding including treasury stocks

As of March 31, 2023

73,896,400 shares

As of March 31, 2022

73,896,400 shares

As of March 31, 2023

2,824,305 shares

As of March 31, 2022
Fiscal year ended March 31, 2023

71,055,297 sharesFiscal year ended March 31, 2022

71,006,399 shares

2) Number of treasury stocks
3) Average number of shares during the period

2,878,899 shares(Reference) Summary of non-consolidated financial results
1. Non-consolidated financial results for the fiscal year ended March 31, 2023
(1) Non-consolidated operating results(Percentages indicate year-on-year changes)
Net sales
Fiscal year ended millions of yen

March 31, 2023
March 31, 2022

105,21090,797

Operating income% millions of yen

15.9(21.0)Net income
per share

3,861982

Ordinary income% millions of yen

292.8(59.2)

4,719
3,278

Net income% millions of yen

43.9
14.7%

(1,499)
2,697

－
45.0

Diluted net
income per share

Fiscal year ended

yenyenMarch 31, 2023
March 31, 2022

(21.10)37.98－－(2) Non-consolidated financial position
Total assets
As ofmillions of yen

March 31, 2023
102,357
March 31, 2022
104,164
Reference: Shareholders' equity

Shareholders'equity ratio

Net assets
millions ofyen

Net assets
per share%

57,806
56.5
61,25058.8
As of March 31, 2023:
57,806 million yen
As of March 31, 2022:
61,250 million yen* This financial results report is not subject to audit by CPA or audit firm.

yen813.35862.48* Proper use of earnings forecasts, and other special matters
The earnings forecasts and other descriptions of the future presented in this report are based on
information currently available to the Company and on certain assumptions deemed to be reasonable. Actual
results may differ substantially due to various factors.