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 Nine Months Ended December 31, 2021
(Based on Japanese GAAP)
January 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:

February 4, 2022–

Preparation of supplementary material on quarterly financial results:
Holding of quarterly financial results meeting:

Yes
Yes

TEL

0595-63-3111(for general investors)((Amounts less than one million yen are rounded down))

1. Non-consolidated financial results for the nine months ended December 31, 2021 (from April 1, 2021 to December 31, 2021)(1) Non-consolidated operating results (cumulative)
Percentages indicate year-on-year changes
Net sales
Nine months ended December 31, 2021
Nine months ended December 31, 2020

Millions of yen
5,355
4,702

Operating profit% Millions of yen
13.9438(5.2)
222

Earnings per share

Profit% Millions of yen
89.4
314(32.3)
160

%
95.9
(31.0)

Diluted earnings per share

Yen
27.28
13.90

Nine months ended December 31, 2021
Nine months ended December 31, 2020

Ordinary profit% Millions of yen
97.0
469(34.5)
247

Yen
27.04
13.79

(2) Non-consolidated financial positionTotal assets

Net assets

Millions of yen
8,837
8,164

As of December 31, 2021
As of March 31, 2021

Equity ratio

Millions of yen
6,797
6,631

%
76.3
80.7

2. Cash dividends
Annual dividends per share

Year ended March 31, 2021
Year ending March 31, 2022

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––

Yen
5.00
5.00

Yen––

Yen
5.00

Yen
10.00

5.00

10.00

Year ending March 31, 2022 (Forecast)Total

3. Forecast of non-consolidated financial results for the year ending March 31, 2022 (from April 1, 2021 to March 31, 2022)
Percentages indicate year-on-year changes
Net sales
Full year

Millions of yen
6,800

Operating profit% Millions of yen
4.6400Ordinary profit% Millions of yen
0.0435

1Profit% Millions of yen
(4.5)
290

Earnings per share%(10.2)

Yen
25.17

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
Changes in accounting policies due to revisions to accounting standards and other regulations:
Yes
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 December 31, 2021

14,000,000 shares As of March 31, 2021

14,000,000 shares

Number of treasury shares at the end of the period
As of December 31, 2021

2,506,217 shares As of March 31, 2021

2,451,205 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Nine months ended December 31, 2021

11,523,289 shares Nine months ended December 31, 2020

211,540,886 shares

Quarterly non-consolidated financial statements
Non-consolidated balance sheets(Thousands of yen)
As of March 31, 2021

As of December 31, 2021

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade861,659
1,100,848

1,011,901
635,137

Electronically recorded monetary claims - operating
Merchandise and finished goods

954,966
665,311

1,607,191
839,800

Work in process
Raw materials and supplies

141,932
290,211130,996
340,433

Accounts receivable - otherOther

529,537
34,229672,507
15,982

4,578,696

5,253,950

1,048,873
371,566

1,025,051
311,206

562,140
160,014562,140
173,782

2,142,594

2,072,181

Intangible assets
Investments and other assets

145,438

213,255

Investment securities
Other

933,264
365,366

934,834
364,159

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

(786)

(696)

Total investments and other assets

1,297,844

1,298,298

3,585,877

3,583,735

8,164,574

8,837,685

Notes and accounts payable - trade
Electronically recorded obligations - operating

298,209352,963

285,096
822,089

Short-term borrowings
Income taxes payable

70,00036,33370,00076,248Provision for bonuses
Other106,763
412,597

35,348465,653

Total current liabilities

1,276,867

1,754,435

Total non-current assets
Total assets
Liabilities
Current liabilities

Non-current liabilities
Provision for retirement benefits

236,977

199,408

Provision for retirement benefits for directors (and otherofficers)

4,700

4,100

Other

14,45282,558

Total non-current liabilities
Total liabilities

3

256,130

286,066

1,532,998

2,040,502

(Thousands of yen)
As of March 31, 2021

As of December 31, 2021

Net assets
Shareholders' equity
Share capital

1,350,000

1,350,000

Capital surplus
Retained earnings

830,032
4,609,984

832,196
4,809,105

Treasury shares(612,725)(649,492)

Total shareholders' equity

6,177,291

6,341,809

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

409,173129

404,856(171)

Total valuation and translation adjustments

409,303404,685

44,981

50,6896,631,575

6,797,183

8,164,574

8,837,685

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)
Nine months ended

Nine months ended

December 31, 2020

December 31, 2021

Net sales
Cost of sales

4,702,031
3,292,149

5,355,361
3,644,569

Gross profit

1,409,882

1,710,792

Selling, general and administrative expenses

1,187,096

1,271,813

222,786

438,978

Interest income
Dividend income

610,0973
11,454

Rental income from real estate
Other

17,4394,283

17,572
7,525

Total non-operating income

31,82636,555

181

186

3,751
2,694

3,681
–

Loss on cancellation of leases
Other–
175

2,000397

Total non-operating expenses

6,802

6,266

247,810469,268

Gain on sale of non-current assets

8542

Total extraordinary income

8542

14854––

0–

Operating profit
Non-operating income

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

Ordinary profit
Extraordinary income

Extraordinary losses
Loss on abandonment of non-current assets
Loss on valuation of investment securities
Other869–Profit before income taxes

Total extraordinary losses

246,949

469,810

Income taxes - current

36,515111,299

Income taxes - deferred

49,98944,152

Total income taxes

86,505

155,451

Profit160,444314,3595