Note: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any
discrepancy between this translated document and the Japanese original, the original shall prevail.

May 14, 2021

Consolidated Financial Results
for the Fiscal Year Ended March 31, 2021
(Under Japanese GAAP)
Company name:
CAR MATE MFG. CO., LTD.
Listing:
Tokyo Stock Exchange
Securities code:
7297
URL:
https://www.carmate.co.jp
Representative:
Masaru Tokuda, President and Chief Executive Officer
Inquiries:
Eiji Okumura, Executive Officer
Telephone:+81-3-5926-1211
Scheduled date of annual general meeting of shareholders:June 29, 2021
Scheduled date to commence dividend payments:
June 30, 2021
Scheduled date to file annual securities report:
June 29, 2021
Preparation of supplementary material on financial results:
Yes
Holding of financial results briefing:
Yes (for Analysts)(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Consolidated financial results for the fiscal year ended March 31, 2021 (from April 1, 2020 to March 31,2021)(1) Consolidated operating results(Percentages indicate year-on-year changes.)

Net sales

Operating profit

Profit attributable toowners of parent

Ordinary profit

Fiscal year ended

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%March 31, 2021

15,723

(5.9)

1,361

48.1

1,339

41.8

922

38.6

March 31, 2020

16,716(12.3)

919

36.8

944

36.8

665

(36.0)

Note: Comprehensive income

For the fiscal year ended March 31, 2021:
For the fiscal year ended March 31, 2020:

Basic earnings
per share

Diluted earnings
per share¥1,126 million¥530 million

Return on equity[112.3%][(34.3)%]

Ratio of ordinary
profit to total assets

Ratio of operating
profit to net sales

Fiscal year endedYen

March 31, 2021

130.72

―

7.3

7.0

8.7

March 31, 2020

94.28

―

5.6

5.0

5.5

Reference:

Yen%%%

Share of profit (loss) of entities accounted for using equity method
For the fiscal year ended March 31, 2021: ¥ － million
For the fiscal year ended March 31, 2020: ¥ － million(2) Consolidated financial position
Total assets
As ofNet assets

Equity-to-asset ratio

Net assets per share

Millions of yen

Millions of yenMarch 31, 2021

19,416

13,06267.3

1,851.76

March 31, 2020

19,08012,09063.4

1,714.02

Reference:

EquityAs of March 31, 2021:
As of March 31, 2020:¥13,062 million¥12,090 million%

Yen(3) Consolidated cash flows
Cash flows fromoperating activities

Cash flows frominvesting activities

Cash and cash
equivalents at end ofperiod

Cash flows fromfinancing activities

Fiscal year ended

Millions of yen

Millions of yen

Millions of yen

Millions of yen

March 31, 2021

1,096

(273)

(272)

9,823

March 31, 2020

1,340

(188)

(297)

9,265

2. Cash dividends
Annual dividends per shareFirstSecond
Thirdquarter-end quarter-end quarter-end
Yen

Yen

Fiscalyear-end

Yen

Total cashdividends(Total)

Total

Yen

Ratio ofPayout ratio dividends to(Consolidated) net assets(Consolidated)

Yen Millions of yen

Fiscal year ended
March 31, 2020

－

10.00

－

12.00

22.00

Fiscal year ended
March 31, 2021

－

10.00

－

20.00

30.00

Fiscal year ending
March 31, 2022
(Forecast)

－

15.00

－

15.00

30.00

%%

155

23.3

1.3

211

22.9

1.6

24.6

3． Earnings Forecast of Consolidated Financial Results for Fiscal Year Ending March 31, 2022（FromApril 1, 2021 to March 31, 2022）(Percentages indicate changes from the previous year)
Net sales

Full-year

Operating profit

Profit attributable toowners of parent

Ordinary profit

Earnings pershare

Millions ofyen%Millions ofyen%Millions ofyen%Millions ofyen%yen

16,324

3.8

1,369

0.6

1,345

0.5

861

(6.6)

122.15* Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in the changein scope of consolidation): None
(2) Changes in accounting policies, changes in accounting estimates, and restatement(i) Changes in accounting policies due to revisions to accounting standards and other regulations: None(ii) Changes in accounting policies due to other reasons: None(iii) Changes in accounting estimates: None(iv) Restatement: None
(3) Number of issued shares (common shares)(i)

Total number of issued shares at the end of the period (including treasury shares)
As of March 31, 2021

7,928,885 shares

As of March 31, 2020

7,928,885 shares(ii) Number of treasury shares at the end of the period
As of March 31, 2021

874,783 shares

As of March 31, 2020

874,727 shares(iii) Average number of shares outstanding during the period
Fiscal year ended March 31, 2021

7,054,103 sharesFiscal year ended March 31, 2020

7,054,195 shares[Reference] Overview of non-consolidated financial results
1. Non-consolidated financial results for the fiscal year ended March 31, 2021 (from April 1, 2020 toMarch 31, 2021)(1) Non-consolidated operating results(Percentages indicate year-on-year changes.)

Net sales

Operating profit

Fiscal year ended

Millions of yen%March 31, 2021

15,033(5.9)

March 31, 2020

15,978

3.4

Basic earnings
per share

Millions of yen

Ordinary profit

Profit%Millions of yen%

Millions of yen%

990

55.9

1,135

26.9

778

19.0

635

89.2

895

17.4

654

(33.7)

Diluted earnings
per share

Fiscal year ended

Yen

March 31, 2021

110.36－

March 31, 2020

92.72－Yen(2) Non-consolidated financial position
Total assets
As ofNet assets

Equity-to-asset ratio

Net assets per share

Millions of yen

Millions of yen

March 31, 2021

16,814

10,62763.21,506.57

March 31, 2020

16,621

9,804

59.0

1,389.87

Reference:

EquityAs of March 31, 2021:
As of March 31, 2020:%

Yen¥10,627 million¥9,804 million* Financial results reports are exempt from audit conducted by certified public accountants or an audit
corporation.
* Proper use of earnings forecasts, and other special matters
The earnings forecasts and other forward-looking statements herein are based on information that is available
and certain assumptions deemed reasonable as of the date of publication of this document. Actual results may
differ significantly from these forecasts due to various factors.