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 Six Months Ended September 30, 2021
[Japanese GAAP]
November 12, 2021
Company name: CKD Corporation
Stock exchange listing: Tokyo,Nagoya
Code number: 6407
URL: https://www.ckd.co.jp/en/
Representative: Katsuhito Okuoka
President and Chief Operating Officer
Contact: Tadashi Takezawa
General Manager, Accounting Dept
Phone: +81-568-74-1006
Scheduled date of filing quarterly securities report: November 12, 2021
Scheduled date of commencing dividend payments: December 13, 2021
Availability of supplementary briefing material on quarterly financial results: Yes
Schedule of quarterly financial results briefing session: Yes(Amounts of less than one million yen are rounded down)
1. Consolidated Financial Results for the Six Months Ended September 30, 2021 (April 01, 2021 to September 30, 2021)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Profit attributable to
Net sales
Operating profit
Ordinary profit
owners of parent
Million yen%
Million yen%
Million yen%
Million yen%
Six months ended
September 30, 2021
67,812
35.8
8,582
256.7
8,667
250.4
6,081
275.7
49,942
5.4
2,405
112.7
2,473
127.5
1,618
136.9
September 30, 2020
(Note) Comprehensive income:Six months ended September 30, 2021:¥
6,151 million [113.2%]
Six months ended September 30, 2020:¥
2,885 million [-%]Basic earnings
per share
Six months ended
September 30, 2021
September 30, 2020

Diluted earnings per
share
Yen

Yen

91.26
24.91

24.91

(2) Consolidated Financial Position
Total assets
Million yen
As ofSeptember 30, 2021
164,028
March 31, 2021
152,726(Reference) Equity: As of September 30, 2021:
As of March 31, 2021:

Net assets

Capital adequacy ratio

Million yen¥¥

102,627
97,617
102,507 million
97,497 million

%

62.5
63.8

2. Dividends
Annual dividends
1stquarter-end

2ndquarter-end

3rdquarter-end

Year-end

Total

Yen

Yen

Yen

Yen

Yen

Fiscal year ended March 31, 2021

-

8.00

-

17.00

25.00

Fiscal year ending March 31, 2022

-

28.00
-

22.00

50.00

Fiscal year ending March 31, 2022
(Forecast)(Note) Revision to the forecast for dividends announced most recently:

Yes

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 to Basic earnings
Net sales
Operating profit
Ordinary profit
owners of parent
per share%

Million yen%

Million yen%

Yen134,000
25.6
15,600 102.6
Full year(Note) Revision to the financial results forecast announced most recently:

Million yen%

Million yen

15,700Yes

100.7

10,800104.8

162.06(2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements:

No* Notes:(1) Changes in significant subsidiaries during the six months ended September 30, 2021
(changes in specified subsidiaries resulting in changes in scope of consolidation):No(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):67,909,449 shares
September 30, 2021:
March 31, 2021:
67,909,449 shares2) Total number of treasury shares at the end of the period:
September 30, 2021:
1,265,413 shares
March 31, 2021:
1,274,439 shares
3) Average number of shares during the period:
Six months ended September 30, 2021:
Six months ended September 30, 2020:

66,638,880 shares
64,965,820 shares*This quarterly flash report is exempt from the quarterly review procedures by certified public accountants or accounting auditors.
*Notes on the appropriate use of financial forecasts and other special instructions
The performance forecasts and other forward-looking statements presented in this report are based on information currently available
and certain assumptions deemed to be reasonable. Actual performance, etc. may differ substantially due to various factors.
For the special instructions regarding the appropriate use of financial forecasts, refer to "1. Quarterly business results (3) Consolidated
financial forecasts and outlook" on page 4 of the attached materials.
CKD Corporation (the Company) is planning to hold a briefing session for institutional investors and analysts on the conference callon November 12, 2021. Any explanatory materials used in this session will be posted on the Company's website immediately
afterward.

Table of Contents of Supplementary Materials

1. Quarterly business results .............................................................................................................................

2(1) Results of operations ..............................................................................................................................

2(2) Financial position ...................................................................................................................................

3(3) Consolidated financial forecasts and outlook .........................................................................................

4

2. Quarterly Consolidated Financial Statements................................................................................................

5(1) Quarterly Consolidated Balance Sheets..................................................................................................

5(2) Quarterly Consolidated Statements of Income and Comprehensive Income..........................................

7

Quarterly Consolidated Statements of Income (For the six months).......................................................

7

Quarterly Consolidated Statements of Comprehensive Income (For the six months) ............................

8(3) Quarterly Consolidated Statements of Cash Flows .................................................................................. 9(4) Notes to the consolidated financial statements ....................................................................................... 10
Notes regarding assumptions as a going concern ................................................................................... 10
Notes regarding any major change in the amount of consolidated shareholders’equity........................ 10
Changes in accounting policies .............................................................................................................. 10
Segment Information, etc. ...................................................................................................................... 11
3. Others ........................................................................................................................................................... 12
Production, orders, and sales ........................................................................................................................ 12― 1 ―1. Quarterly business results(1) Results of operations
During the 2nd quarter of the current fiscal year, the Japanese economy witnessed a significant recovery in production activity in
manufacturing industry, backed by such factors as an increase in exports alongside economic recovery overseas.
Capital expenditure underwent a recovery trend due to improvement in corporate earnings and initiatives in growth areas such as
the environment, despite some strengths and weaknesses depending on the industry. In addition, investments in the electronics
industry remained robust and continued to be made against the backdrop of expanding applications of information andcommunications technology, such as 5G and IoT.
Overseas, the U.S. economy showed signs of expansion on the back of the vaccine rollout and economic measures, and demand
increased in the semiconductor and automobile markets, among others. Moreover, in China, demand increased in a large numberof markets, including the 5G-related and rechargeable battery markets, and capital expenditure continued to be robust in the
manufacturing industry overall. In Southeast Asia, despite continued restrictions on activities due to the renewed spread of
COVID-19, the economy was underpinned by sales growth in a rebound from the decrease in the previous year and an increasein exports.
Under such circumstances, in results for the 2nd quarter of the consolidated fiscal year, the CKD Group recorded 67,812 million
yen in net sales, up 35.8% year on year, 8,582 million yen in operating profit, up 256.7% year on year, 8,667 million yen in
ordinary profit, up 250.4% year on year, and 6,081 million yen in profit attributable to owners of parent, up 275.7% year on year.
Due to the application of the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, March 31, 2020,(hereinafter referred to as the “Revenue Recognition Accounting Standard.”), etc., net sales decreased by 138 million yen,cost of sales increased by 30 million yen, selling, general and administrative expenses decreased by 86 million yen, operating
profit decreased by 83 million yen, and ordinary profit and profit before income taxes increased by 10 million yen respectively.
Results of operations by segment
a. Automatic Machineries
In the industrial machinery business, although net sales of 3D solder print inspection equipment increased, net sales of lithium
ion battery manufacturing systems decreased. In the automatic packaging systems business, although net sales of systems forpharmaceuticals increased, net sales of systems for food decreased.
As a result, net sales were 7,248 million yen (down 5.0% year on year), and segment profit was 1,001 million yen (up 16.9%
year on year), due to the effect of profitability improvements.
In addition, as a result of the application of the Revenue Recognition Accounting Standard, net sales in the 2nd quarter of theconsolidated fiscal year increased by 41 million yen, and segment profit increased by 10 million yen.
b.

Components
In the Japanese market, net sales of semiconductor manufacturing equipment increased as semiconductor demand remained
strong driven by the 5G rollout and demand for teleworking related products. In addition, there were increases in net sales ofboth products for use in manufacturing equipment related to environmentally-friendly vehicles in the automobile market and net
sales of products for use in machine tools, where there was robust demand for equipment for use in semiconductors andautomobiles.
Overseas, net sales increased in China, where capital expenditure continued in manufacturing industry overall, as well as South
Korea and Taiwan, where semiconductor capital expenditure was robust. Net sales also increased in Europe and the UnitedStates, which are recovering from the COVID-19 pandemic, and in Southeast Asia where demand is robust despite continued
restrictions on activities.
As a result, net sales were 60,564 million yen (up 43.1% year on year) and segment profit was 9,533 million yen (up 164.6%
year on year), due to the effect of productivity improvements in addition to the increase in net sales.
In addition, as a result of the application of the Revenue Recognition Accounting Standard, net sales in the 2nd quarter of theconsolidated fiscal year decreased by 180 million yen, selling, general and administrative expenses decreased by 86 million yen,and segment profit decreased by 93 million yen.

― 2 ―(2) Financial positiona. Assets, liabilities, and net assets
Total assets at the end of the 2nd quarter on the consolidated basis were 164,028 million yen, up 11,302 million yen from the endof the previous consolidated fiscal year. The main factors included increases in trade receivables, inventories and property, plantand equipment.
Liabilities were 61,401 million yen, up 6,292 million yen from the end of the previous consolidated fiscal year. This was mainly
due to increases in trade payables and provision for bonuses, despite decreases in accounts payable - bonuses and borrowings.
Net assets were 102,627 million yen, up 5,009 million yen from the end of the previous consolidated fiscal year.
Capital adequacy ratio was 62.5%, down a 1.3 point from the previous consolidated fiscal year.

b.

Cash flows
Cash and cash equivalents (hereinafter, cash) at the end of the 2nd quarter were 36,126 million yen, up 213 million yen from theend of the previous consolidated fiscal year.
Changes in cash flows by categories through the 2nd quarter were as follows.

Cash flows from operating activities
Through the 2nd quarter of the fiscal year under review, net cash provided by operating activities was 6,478 million yen (up25.5% year on year).
Factors contributing positively to cash flows from operating activities were profit before income taxes of 8,665 million yen,depreciation of 2,747 million yen, an increase in provision for bonuses of 3,219 million yen and an increase in trade payables of
5,016 million yen. These cash flows were offset by a decrease in accounts payable- bonuses of 2,190 million yen, an increase intrade receivables and contract asset of 4,467 million yen, an increase in inventories of 5,314 million yen and income taxes paid of
1,803 million yen.

Cash flows from investing activities
Through the 2nd quarter of the fiscal year under review, net cash used in investing activities was 3,317 million yen (up 122.2%
year on year).
The main factor accounting for the cash flows was purchase of property, plant and equipment of 3,286 million yen.

Cash flows from financing activities
Through the 2nd quarter of the fiscal year under review, net cash used in financing activities was 2,916 million yen (comparedwith 6,746 million yen provided by the same period of the previous year).
The main factor accounting for the cash flows were repayments of long-term borrowings of 1,797 million yen and dividends paidof 1,131 million yen.

― 3 ―(3) Consolidated financial forecasts and outlook
In the 2nd quarter, the market environment surrounding the Group continued to see a steady recovery in investment in
manufacturing industry overall both in Japan and overseas and demand has remained high, driven by rising automation and laborsaving demand and an expansion in investment in the electronics industry, including semiconductor capital expenditure. As aresult, the Components business is expected to continue receiving stable orders in the 3rd quarter and beyond, despite uncertainty
over the future due to supply shortages, particularly of semiconductors. Therefore, the Company has upwardly revised the fullyear consolidated financial forecasts announced on August 11, 2021 as follows.
However, these forecasts assume gradual improvement in the current status of COVID-19 infections and could change
significantly depending on such factors as the extent of the spread of COVID-19 going forward and the timing of containment of
the pandemic. The Company will provide notification of any impact on results promptly in the event that any important mattersthat should be disclosed arise.
The exchange rate assumption for the period from October 1, 2021 to March 31, 2022 is USD1:JPY110, which is re-evaluatedfrom USD1:JPY105 in announcement of financial results for the 1st quarter.
The full fiscal year (April 1, 2021 to March 31, 2022)

Previous forecast (A)Million yen
128,000

Million yen
14,500Million yen
14,600

Profit attributable toowners of parent
Million yen
10,000

Revised forecast (B)134,000

15,60015,70010,800Change (B - A)

6,000

1,100

1,100

800

Percentage change

4.7

7.6

7.5

8.0

106,723

7,698

7,823

5,273

Net sales

For reference: Previous
performance(Though the full fiscal year
ended March 31, 2021)

Operating profit

Ordinary profit

These projections are based on information available as of this release. The actual results may differ due to various factors fromnow onwards.
These revised forecasts are mentioned in "Notice of Revisions in Consolidated Financial Forecasts for the Full Fiscal Year,
Dividend from Retained Earnings (Interim Dividend) and Revisions in the Forecast of Dividend for the Full Fiscal Year",announced on November 12, 2021.

― 4 ―2. Quarterly Consolidated Financial Statements(1) Quarterly Consolidated Balance Sheets(Million yen)
As of March 31,2021
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Notes and accounts receivable - trade, and contract
assetsElectronically recorded monetary claims operating
Trade accounts receivable
Merchandise 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
Buildings and structures, net
Other, net
Total property, plant and equipment
Intangible assets
Investments and other assets
Total non-current assets
Total assets― 5 ―As of September 30,2021

36,37523,492

36,592--25,397

4,134

6,913

227
10,018
4,012
22,298
1,286(55)
101,789

210
10,795
4,751
26,164
1,404(60)
112,169

19,443
19,54938,992
1,433
10,51050,936
152,726

19,14921,27840,427
1,200
10,23051,859164,028

(Million yen)
As of March 31,2021
Liabilities
Current liabilities
Notes and accounts payable - trade
Electronically recorded obligations - operating
Short-term borrowings
Current portion of bonds payable
Income taxes payable
Provision for bonuses
Other provisions
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Other provisions
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 income
Valuation difference on available-for-salesecurities
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets― 6 ―As of September 30,2021

15,360
2,833
9,678
16
1,624
389
485
11,252
41,64019,316
4,042
9,722
2,543
3,610
345
10,01349,595

10,2444
424
2,795
13,46855,108

8,587
2
421
2,793
11,80561,401

11,016
16,35865,921(895)
92,401

11,016
16,36870,856(889)
97,352

3,386

3,294

1,845
(136)
5,095
120
97,617
152,726

1,995
(135)
5,154
119
102,627
164,028

(2) Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statements of Income (For the six months)(Million yen)
For the six months
ended September 30,2020
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Share of profit of entities accounted for using equity
methodGain on valuation of derivatives
Subsidy income
Other
Total non-operating income
Non-operating expenses
Interest expenses
Loss on valuation of derivatives
Foreign exchange losses
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Subsidy income
Total extraordinary income
Extraordinary losses
Loss on sale of non-current assets
Loss on retirement of non-current assets
Loss on tax purpose reduction entry of non-current
assetsProvision for environmental measures
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitProfit (loss) attributable to non-controlling interests
Profit attributable to owners of parent― 7 ―For the six months
ended September 30,2021

49,94237,005
12,937
10,531
2,405

67,81248,057
19,754
11,172
8,582

8
80

9
81

1

5

25
135
172
424

43
121
261

103
78
175
356
2,473

105
4
51
14
176
8,667

0
25
26

0
176
176

20

0
35

25

142

15
62
2,437
740
80
820
1,616
(2)
1,618

178
8,665
2,665
(95)
2,569
6,095
14
6,081

Quarterly Consolidated Statements of Comprehensive Income (For the six months)(Million yen)
For the six months
ended September 30,2020
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax
Share of other comprehensive income of entities
accounted for using equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners ofparentComprehensive income attributable to non-controllinginterests― 8 ―For the six months
ended September 30,2021

1,616

6,095

996
177
94

(92)
145
1

0

(0)

1,268
2,885

55
6,151

2,885

6,140

(0)

10

(3) Quarterly Consolidated Statements of Cash Flows(Million yen)
For the six months
ended September 30,2020
Cash flows from operating activities
Profit before income taxes
Depreciation
Share of loss (profit) of entities accounted for using
equity method
Increase (decrease) in provision for bonuses
Increase (decrease) in accounts payable - bonuses
Decrease (increase) in retirement benefit asset
Decrease (increase) in trade receivables
Decrease (increase) in trade receivables andcontract asset
Decrease (increase) in inventories
Increase (decrease) in trade payables
Increase (decrease) in advances received
Other, net
SubtotalInterest and dividends received
Interest paid
Income taxes paid
Income taxes refund
Subsidies received
Net cash provided by (used in) operating activities
Cash flows from investing activities
Payments into time deposits
Proceeds from withdrawal of time deposits
Purchase of property, plant and equipment
Purchase of intangible assets
Proceeds from redemption of investment securities
Other, net
Net cash provided by (used in) investing activities
Cash flows from financing activities
Net increase (decrease) in short-term borrowings
Repayments of long-term borrowings
Purchase of treasury shares
Dividends paid
Repayments of lease obligations
Proceeds from issuance of shares resulting fromexercise of share acquisition rights
Other, net
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash
equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period― 9 ―For the six months
ended September 30,2021

2,437
2,684

8,665
2,747

(1)

(5)

2,049
(2,025)
92
3,598

3,219
(2,190)79--(4,467)(297)(1,445)377(1,300)
6,169
90
(102)
(1,105)
82
25
5,160

(5,314)
5,016
21
339
8,111
91
(104)
(1,803)
0
182
6,478

(0)
152
(1,521)(156)
32(1,492)(4)(3,286)(131)100
4(3,317)2,290(1,790)
(0)
(808)
(135)

161
(1,797)(0)(1,131)
(120)

7,309

-

(119)
6,746

(28)
(2,916)

(12)

(32)

10,402
18,40928,812

213
35,91336,126

(4) Notes to the consolidated financial statements
Notes regarding assumptions as a going concern
Not applicable
Notes regarding any major change in the amount of consolidated shareholders’equity
Not applicable
Changes in accounting policies
Accounting Standard for Revenue Recognition
Accounting Standard for Revenue Recognition(ASBJ Statement No. 29, March 31, 2020) hereinafter referred to as the“Revenue
Recognition Accounting Standard.” The Company adopted the Accounting Standard for Revenue Recognition AccountingStandard, etc. from the beginning of the 1st quarter of the consolidated fiscal year, and recognized revenue in the amount expected
to be received in exchange for promised goods and services at the point when control of the goods and services is transferred to thecustomer. As a result, in the past, the percentage-of-completion method was applied to construction contracts in which certainty ofoutcome is recognized through progress, and the completed-contract method was applied to other construction contracts. However,in cases when the performance of an obligation under a contract with a customer results in an asset that cannot be converted toanother use, the Company has changed to a method of recognizing revenue over a period of time as performance obligations are
fulfilled. Also, a portion of sales incentives, etc., previously included in selling expenses and sales discounts, previously included in
non-operating expenses, have been deducted from net sales.
In accordance with the transitional treatment prescribed in the provisional clause of paragraph 84 of the Accounting Standard for
Revenue Recognition for the adoption of the standard, the cumulative effect of applying the new accounting policy retrospectively
prior to the beginning of the 1st quarter of the consolidated fiscal year is added to or subtracted from retained earnings at the
beginning of the 1st quarter of the consolidated fiscal year, and the new accounting policy is applied starting with the said balance atthe beginning of the current fiscal year. However, the Company applied the method prescribed in paragraph 86 of the Revenue
Recognition Accounting Standard and did not apply the new accounting policy retrospectively to contracts for which almost all
revenue amounts were recognized in accordance with the previous treatment prior to the beginning of the 1st quarter of theconsolidated fiscal year. The Company also applied the method prescribed in provisional clause (1) of paragraph 86 of the Revenue
Recognition Accounting Standard and contractual changes made prior to the beginning of the 1st quarter of the consolidated fiscal
year were accounted for based on the contract terms after reflection of all contractual changes, and the cumulative effect of suchchanges was added to or deducted from retained earnings at the beginning of the 1st quarter of the consolidated fiscal year.
As a result of this change, in the 2nd quarter of the current fiscal year, net sales decreased by 138 million yen, cost of sales increasedby 30 million yen, selling, general and administrative expenses decreased by 86 million yen, operating profit decreased by 83
million yen, and ordinary profit and profit before income taxes increased by 10 million yen respectively. The balance of retained
earnings at the beginning of the fiscal year also decreased by 10 million yen.
Due to the application of the Revenue Recognition Accounting Standard, etc.,“trade notes and accounts receivable” presented in“current assets” on the consolidated balance sheet for the previous fiscal year has been included in“trade notes, accounts
receivable and contract assets” from the 1st quarter of the consolidated fiscal year. Also, “Decrease (increase) in tradereceivables” presented in “Cash flows from operating activities” on consolidated statements of cash flows for the 2nd quarterof the previous fiscal year has been included in “Decrease (increase) in trade receivables and contract asset” from the 2nd
quarter of the current fiscal year. In accordance with the transitional treatment prescribed in paragraph 89-2 of the Revenue
Recognition Accounting Standard, the consolidated balance sheet and the consolidated statements of cash flows for the previous
fiscal year have not been reclassified based on the new presentation method.
Accounting Standard for Fair Value Measurement
The Company applied the“Accounting Standard for Fair Value Measurement” (ASBJ Statement No. 30, July 4, 2019, hereinafterreferred to as the“Fair Value Measurement Accounting Standard”), etc. from the beginning of the 1st quarter of the consolidated
fiscal year. In accordance with the transitional treatment prescribed in paragraph 19 of the“Fair Value Measurement AccountingStandard” and paragraph 44-2 of the Accounting Standard for Financial Instruments (ASBJ Statement 10, July 4, 2019), theCompany decided to apply the new accounting policy prescribed in the Fair Value Measurement Accounting Standard, etc.
prospectively. There is no impact on the quarterly consolidated financial statements.

― 10 ―

Segment information, etc.
Segment informationⅠ

2nd quarter of the fiscal year ended March 31, 2021 (April 1, 2020 to September 30, 2020)
Information on reporting-segment-wise sales, profit (loss)(Million yen)
Reporting segment
Automatic
MachineriesComponents

AmountAdjusted(Note 1)

Total

Consolidated(Note 2)

Net sales
Sales to external customers
Intersegment sales or transfers
Total
Segment profit

7,633

42,30949,942－

49,942

－

40

40

(40)

－

7,633

42,34949,983(40)

49,942

856

3,603

4,459

(2,053)

2,405

Notes: 1. The amount of adjustment for Segment profit of ¥(2,053) million includes ¥15 million for elimination of transactions among
segments and ¥(2,069) million as the total company expenses that are not allocated to each reporting segment. The totalcompany expenses mainly refers to expenses related to administration and long-term R&D expenses of CKD and costs
related to CKD Global Service Corporation.
2. Segment profit has already been adjusted with operating profit shown in the consolidated statement of income.
Ⅱ

2nd quarter of the fiscal year ending March 31, 2022 (April 1, 2021 to September 30, 2021)
1. Information on reporting-segment-wise sales, profit (loss)(Million yen)
Reporting segment
Automatic
MachineriesComponents

AmountAdjusted(Note 1)

Total

Consolidated(Note 2)

Net sales
7,248

60,56467,812－

67,812

－

56

56

(56)

－

Total

7,248

60,621

67,869(56)

67,812

Segment profit

1,001

9,533

10,534(1,952)

8,582

Sales to external customers
Intersegment sales or transfers

Notes: 1. The amount of adjustment for Segment profit of ¥(1,952) million includes ¥15 million for elimination of transactions among
segments and ¥(1,967) million as the total company expenses that are not allocated to each reporting segment. The totalcompany expenses mainly refers to expenses related to administration and long-term R&D expenses of CKD and costs
related to CKD Global Service Corporation.
2. Segment profit has already been adjusted with operating profit shown in the consolidated statement of income.
2. Matters related to changes in reporting segments
As described in Changes in accounting policies, the Company applied the Revenue Recognition Accounting Standard from the
beginning of the 1st quarter of the consolidated fiscal year and changed the accounting treatment for revenue recognition.
Therefore, the Company has also changed the method for calculating profit or loss for reportable segments.
As a result of this change, in the 2nd quarter of the consolidated fiscal year, compared with the previous method, net sales in the“Automatic machineries segment” increased by 41 million yen and segment profit increased by 10 million yen. Net sales inthe“Components segment”decreased by 180 million yen and segment profit decreased by 93 million yen.

― 11 ―

3. Others
Production orders, and sales[1] Actual production
Actual production by reporting segment in the 2nd quarter of the consolidated fiscal year under review are as follows.
Segment nameProduction output (Million yen)

Change YoY (%)

Automatic machineries

7,275(14.6)

Components

61,741

+43.3

Total

69,016+33.8

Notes: 1. Intersegment transactions have been offset and eliminated.
2. Amounts are based on sales prices.
3. Above figures are exclusive of consumption tax.
[2] Actual orders
Actual orders by reporting segment in the 2nd quarter of the consolidated fiscal year under review are as follows.
OrdersOrder backlog
Segment name
Change YoY (%)
Change YoY (%)(Million yen)
(Million yen)
Automatic machineries

7,470

+21.2

12,705+9.7

Notes: 1. Production is carried out by expected demand, excluding the Automatic machineries segment.
2. Above figures are exclusive of consumption tax.
[3] Actual sales
Actual sales by business segment in the 2nd quarter of the consolidated fiscal year under review are as follows.
Segment nameSales (Million yen)

Change YoY (%)

Automatic machineries

7,248

(5.0)

Components

60,564

+43.1

Total

67,812+35.8

Notes: 1. Intersegment transactions have been offset and eliminated.
2. Above figures are exclusive of consumption tax.

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