Note:This document is a translation of a part of the original Japanese version and provided for reference purposes only. In the event of any discrepancy
between the Japanese original and this English translation, the Japanese original shall prevail.

Consolidated Financial Results
for the Three Months Ended June 30, 2021
[Japanese GAAP]
August 12, 2021
Company name: TOSHIBA TEC CORPORATION
Stock exchange listing: Tokyo
Code number: 6588
URL: https://www.toshibatec.co.jp/
Representative: Hironobu Nishikori
President and CEO
Contact:Akira Abe
Senior Manager of Corporate Communications Division
Phone: 03-6830-9151
Scheduled date of filing quarterly securities report: August 12, 2021
Scheduled date of commencing dividend payments: Availability of supplementary briefing material on quarterly financial results: No
Schedule of quarterly financial results briefing session: No(Amounts of less than one million yen are rounded down)
1. Consolidated Financial Results for the Three Months Ended June 30, 2021 (April 01, 2021 to June 30, 2021)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Profit attributable to owners
Net sales
Operating profitOrdinary profitof parent
Million yen%
Million yen%
Million yen%
Million yen%Three months ended
June 30, 2021
107,097
26.9
3,299
2,739
2,691
June 30, 2020
84,402(27.6)(3,965)(4,244)(4,380)(Note) Comprehensive income:Three months ended June 30, 2021:¥
2,169 million [-%]
Three months ended June 30, 2020:¥(5,939) million [-%]
Basic earnings
per share

Diluted earnings pershare

YenYenThree months ended
June 30, 2021
48.92
48.91
June 30, 2020
(79.66)(Note) Diluted earnings per share for the three months ended June 30, 2020 is not presented even though The Company has issued
potential shares, because the per share date is a net loss per share.

(2) Consolidated Financial Position
Total assets
As ofJune 30, 2021
March 31, 2021
(Reference) Equity:

Net assets

Capital adequacy ratio

Million yen

Million yen

296,232
289,313

111,029
109,862
104,440 million
102,710 million

As of June 30, 2021:
As of March 31, 2021:

¥¥

%

35.3
35.5

2. Dividends
Annual dividends
1stquarter-end

2ndquarter-end

3rdquarter-end

YenYenYen

Yen

Yen

Fiscal year ended March 31, 2021

-0.00

-20.00

20.00

Fiscal year ending March 31, 2022

20.00

---

Fiscal year ending March 31, 2022
(Forecast)(Note) Revision to the forecast for dividends announced most recently:(Note) The forecast for dividends of year end is undecided.

Year-end

Total

No

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2022(April 01, 2021 to March 31, 2022)(% indicates changes from the previous corresponding period.)
Profit attributable Basic earnings perNet sales
Operating profitOrdinary profit
to owners of parent
shareMillion yen% Million yen% Million yen% Million yen

420,000
3.5 21,000
154.1 18,000
150.2
Full year(Note) Revision to the financial results forecast announced most recently:
No* Notes:(1) Changes in significant subsidiaries during the three months ended June 30, 2021
(changes in specified subsidiaries resulting in changes in scope of consolidation):
New(Company name:
Exclusion:(Company name:10,000%Yen

40.3

181.79No(2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements:(3) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards: Yes
2) Changes in accounting policies other than 1) above: No
3) Changes in accounting estimates: No4) Retrospective restatement: No(4) Total number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury shares):
June 30, 2021:
57,629,140 shares
March 31, 2021:
57,629,140 shares2) Total number of treasury shares at the end of the period:
2,614,008 shares
June 30, 2021:
March 31, 2021:
2,616,163 shares
3) Average number of shares during the period:
Three months ended June 30, 2021:
Three months ended June 30, 2020:

55,012,633 shares
54,986,732 shares))
YesQuarterly Consolidated Financial Statement
Quarterly Consolidated Balance Sheet(Million yen)
As of March 31,2021
AssetsCurrent assets
Cash and deposits
Group deposits paid
Notes and accounts receivable - trade
Notes and accounts receivable - trade and contract
assetsMerchandise and finished goods
Work in process
Raw materials and supplies
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

As of June 30,2021

42,17910,064
63,92840,41423,653--

59,11731,582
4,376
6,944
24,115(1,394)
181,797

32,275
4,352
8,586
24,078(1,414)
191,063

45,16843,652

1,633
9,876
11,5101,455
9,412
10,86850,929(91)
50,837
107,516
289,31350,735(88)
50,647105,168
296,232(Million yen)
As of March 31,2021
Liabilities
Current liabilities
Notes and accounts payable - trade
Short-term borrowings
Income taxes payable
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Retirement benefit liability
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive incomeValuation difference on available-for-salesecurities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Minimum pension liability adjustments
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Share acquisition rights
Non-controlling interests
Total net assets
Total liabilities and net assets

As of June 30,2021

48,509542
1,375
74,918125,346

53,439595
1,959
76,278132,272

1,019
26,624
26,46054,104
179,450

1,027
26,19825,70352,929185,202

39,97057
52,616(5,372)87,27339,9706054,387(5,369)89,0501,681

1,537(16)
10,805(832)3,799
15,43657
7,094
109,862
289,3130
10,978(842)
3,716
15,39048
6,540
111,029296,232

Quarterly Consolidated Statement of Income and Comprehensive Income
Quarterly Consolidated Statement of Income (For the three months)(Million yen)
For the three months
ended June 30,2020
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit (loss)
Non-operating income
Interest income
Dividend income
Gain on valuation of derivatives
Foreign exchange gains
OtherTotal non-operating income
Non-operating expenses
Interest expenses
Loss on valuation of derivatives
Foreign exchange losses
Other
Total non-operating expenses
Ordinary profit (loss)
Extraordinary losses
Restructuring cost
Total extraordinary losses
Profit (loss) before income taxes
Income taxes
Profit (loss)
Loss attributable to non-controlling interests
Profit (loss) attributable to owners of parent

For the three months
ended June 30,2021

84,40251,452
32,94936,915(3,965)

107,097
64,59442,50339,204
3,299

77
21297
117
513

81
21
289
90
482

128
181481792(4,244)

123
521
397
1,042
2,739

285
285
(4,529)680(5,210)(830)(4,380)

58
58
2,680
495
2,184(507)2,691

Quarterly Consolidated Statement of Comprehensive Income (For the three months)(Million yen)
For the three months
ended June 30,2020
Profit (loss)
Other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Minimum pension liability adjustment
Remeasurements of defined benefit plans, net of tax
Total other comprehensive incomeComprehensive income
Comprehensive income attributable toOwners of parent
Non-controlling interests

For the three months
ended June 30,2021(5,210)2,184

2569(1,140)
(5)
150
(728)
(5,939)

(144)
17
204
(9)
(82)
(14)
2,169

(5,046)
(892)

2,645
(475)