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 andthe original Japanese document, the latter shall prevail

Consolidated Financial Results for the Second Quarter of the Fiscal Year EndedMarch 31,2021[Based on Japanese GAAP]
November 5, 2020
(Listed on Tokyo Stock Exchange)
4246
URL http://www.daikyonishikawa.co.jp/en/
Nariaki Uchida, Representative Director and President
Hiroshi Kawasaki, Managing Executive Officer and Corporate Planning Division ManagerTel. 082-493-5610
Scheduled date to file quarterly securities report: November 6, 2020
Scheduled date to commence dividend payments: December 4, 2020
Preparation of supplementary materials on quarterly financial results: NoneHolding of quarterly results meeting: Yes

DaikyoNishikawa Corporation

Company NameSecurities Code
RepresentativeInquiries(Amounts less than one million yen are rounded off)
1. Consolidated results for the 2nd quarter ended Sep 30, 2020(from Apr 1, 2020 to Sep 30, 2020)(1) Consolidated operating results(Percentages indicate year-on-year changes)
Net sales
Six-month period ended

Operating income%millions of yen

Sep. 30, 2020
Sep. 30, 2019
Note: Comprehensive income%

millions of yen

Net income（loss）
per share

Diluted net income
per share

yenyen(2.25)
56.49－56.45

Sep. 30, 2020
Sep. 30, 2019

millions of yen%-95.8(159)-13.5
4,002(773) million yen (4,042 million yen (%－-6.4－%)
8.0%)

millions of yen

62,999 -33.3
57 -98.9
231
94,43511.6
5,307 -14.8
5,529
For six-month period ended September 30, 2020
For six-month period ended September 30, 2019

Six-month period ended

Profit（loss） attributableto owners of the parent

Ordinary income(2) Consolidated financial position
Total assets

Shareholders'equity ratio

Net assets

millions of yen%millions of yen

As of Sep. 30, 2020
146,861
78,533
51.3
As of Mar. 31, 2020
150,484
80,38751.3
Reference: Shareholders' equity(Net assets excluding share subscription rights and non-controlling interests)
As of September 30, 2020 75,385 million yen
As of March 31, 2020 77,141 million yen
2. Dividends
Firstquarter-end

Annual dividends per shareSecondThird
Fiscalquarter-end quarter-end
year-end

Total

Fiscal year ended

yenyenyen

yenyenMar. 31, 2020
Mar. 31, 2021

－－

15.00
13.00

－

15.00

30.00

－
17.00
Note: Revision of the dividend forecast most recently announced: None

30.00

Fiscal year ending
Mar. 31, 2021 (Forecasts)

3. Consolidated earnings forecasts for the fiscal year ending March 31, 2021
(Percentages indicate year-on-year changes)
Profit attributable toNet income
Net sales
Operating income Ordinary income
owners of the parentper share
millions of yen

Fiscal year ending
Mar. 31, 2021%

150,000 -17.7

millions of yen%

3,300 -63.3%

millions of yen%

yen

3,600 -62.1

1,600-67.4

22.55

millions of yen

Note: Revision of the earnings forecasts most recently announced: Yes
The Company has revised its consolidated earnings forecasts for the fiscal year ending March 31, 2021,
which were most recently announced on August 4, 2020.

* Notes(1) Changes in significant subsidiaries during the six months ended September 30, 2020

: None(changes in specified subsidiaries resulting in the change in scope of consolidation)(2) Application of specific accounting methods for preparing quarterly consolidated financialstatements: Yes(3) 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 standards and otherregulations: None2) Changes in accounting policies due to other reasons: None3) Changes in accounting estimates: None4) Restatement of prior period financial statements: None(4) Number of shares outstanding (Common shares)
1) Total number of shares outstanding including treasury stocks As of Sep. 30, 2020

73,896,400shares

As of Mar. 31, 2020

73,896,400shares

As of Sep. 30, 2020

2,914,940shares

As of Mar. 31, 2020

3,042,930shares

Six-month period ended Sep. 30, 2020

70,910,691shares

Six-month period ended Sep. 30, 201970,853,470shares

2) Number of treasury stocks

3) Average number of shares during the period* This financial results report is not subject to quarterly review by certified public accountants or audit
firm.
* 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. Actualresults may differ substantially due to various factors.