Note: This document has been translated from 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.

July 15, 2021

Non-consolidated Financial Results
for the Fiscal Year Ended May 31, 2021
(Under Japanese GAAP)
Company name:
MIMASU SEMICONDUCTOR INDUSTRY CO., LTD.
Listing:
Tokyo Stock Exchange
Securities code:
8155
URL:
https://www.mimasu.co.jp/
Representative:
Nobuaki Hosoya, Representative Director and President
Inquiries:
Tatsuro Yako, Senior Managing Director and in charge of Management headquarters
Telephone:+81-27-372-2011
Scheduled date of annual general meeting of shareholders:August 26, 2021
Scheduled date to commence dividend payment:
August 27, 2021
Scheduled date to file annual securities report:
August 26, 2021
Preparation of supplementary materials on financial results:
None
Holding of financial results meeting:
None(Millions of yen with fractional amounts rounded down, unless otherwise noted)

1. Non-consolidated financial results for the fiscal year ended May 31, 2021 (from June 1, 2020 to
May 31, 2021)(1) Non-consolidated operating results
Net sales
Fiscal year ended
May 31, 2021
May 31, 2020

Millions of yen

Reference:

Operating profit% Millions of yen

85,051
92,075

(7.6)
(3.2)

Basic earnings
per share
Fiscal year ended
May 31, 2021
May 31, 2020

(Percentages indicate year-on-year changes.)% Millions of yen

6,085
5,930

Diluted earnings
per share

Yen

Ordinary profit

2.6
5.0

6,027
5,626

Return on equity

Yen

128.68120.60––

Profit% Millions of yen

7.1
2.7

4,133
3,874

%

6.7
1.8

Ratio of ordinary
Ratio of operating
profit to total
profit to net sales
assets

%

%

%

6.3
6.2

6.2
5.7

7.2
6.4

Share of profit (loss) of entities accounted for using equity method
For the fiscal year ended May 31, 2021: ¥– million
For the fiscal year ended May 31, 2020: ¥– million(2) Non-consolidated financial position
Total assets
As of
May 31, 2021
May 31, 2020
Reference:

Net assets

Equity-to-asset ratio

Net assets per share

Millions of yen

Millions of yen%

Yen

94,135
101,576

66,68063,54170.8
62.6

2,075.67
1,977.88

EquityAs of May 31, 2021:
As of May 31, 2020:¥66,680 million¥63,541 million

(3) Non-consolidated cash flows
Cash flows fromoperating activities
Fiscal year ended
May 31, 2021
May 31, 2020

Cash flows frominvesting activities

Cash flows fromfinancing activities

Cash and cash
equivalents at end of
periodMillions of yen

Millions of yen

Millions of yen

Millions of yen

22,833
22,261(16,916)(20,246)(1,129)(1,097)

17,121
12,333

2. Cash dividends
Annual dividends per share

Fiscal year ended
May 31, 2020
Fiscal year ended
May 31, 2021
Fiscal year ending
May 31, 2022
(Forecast)First
quarterend

Secondquarterend

Third
quarterend

Fiscalyear-end

Yen

Yen

Yen

Yen

Total

Total cash
dividends(Total)Payout ratio

Ratio ofdividends to
net assets%%

Yen Millions of yen

–

16.00

–

16.00

32.00

1,028

26.5

1.7

–

16.00

–

17.00

33.00

1,060

25.6

1.6

–

–

–

–

–

–

Note: The Company has not yet made a decision concerning the forecast of cash dividends for the fiscal year ending May
31, 2022.

3. Non-consolidated earnings forecasts for the fiscal year ending May 31, 2022 (from June 1, 2021 to
May 31, 2022)
The earnings forecasts for the fiscal year ending May 31, 2022, will be disclosed promptly once it ispossible to do so.

* Notes(1) 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
(2) Number of issued shares (common shares)(i) Total number of issued shares at the end of the period (including treasury shares)
As of May 31, 2021

35,497,183 shares

As of May 31, 2020

35,497,183 shares(ii) Number of treasury shares at the end of the period
As of May 31, 2021

3,372,221 shares

As of May 31, 2020

3,371,224 shares(iii) Average number of shares outstanding during the period
Fiscal year ended May 31, 2021

32,125,382 sharesFiscal year ended May 31, 2020

32,126,269 shares* 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
Forward-looking statements, including the earnings forecasts stated in these materials, are based on
information currently available to the Company and assumptions deemed reasonable. Actual businessand other results may differ materially from the earnings forecasts due to various factors. For the
suppositions that form the assumptions for earnings forecasts and cautions concerning the use of
earnings forecasts, please refer to “(4) Future outlook” of “1. Overview of operating results and others”
on page 3 of the attached materials.

MIMASU SEMICONDUCTOR INDUSTRY CO., LTD. (8155)

Attached Materials
Index
1. Overview of operating results and others ................................................................................................. 2(1) Overview of operating results for the fiscal year ............................................................................... 2(2) Overview of financial position for the fiscal year .............................................................................. 3(3) Overview of cash flows for the fiscal year ......................................................................................... 3(4) Future outlook .................................................................................................................................... 3(5) Basic policy on profit sharing and dividends for the current fiscal year and the next fiscal year ...... 3
2. Basic policy on selection of accounting standards.................................................................................... 4
3. Non-consolidated financial statements and significant notes thereto ....................................................... 5(1) Non-consolidated balance sheet ......................................................................................................... 5(2) Non-consolidated statement of income .............................................................................................. 7(3) Non-consolidated statement of changes in equity .............................................................................. 8(4) Non-consolidated statement of cash flows ....................................................................................... 10(5) Notes to non-consolidated financial statements ............................................................................... 11
Notes on premise of going concern .................................................................................................. 11
Share of profit (loss) of entities accounted for using equity method, etc. ........................................ 11
Segment information ........................................................................................................................ 11
Per share information ....................................................................................................................... 14
Significant subsequent events........................................................................................................... 14-1-

MIMASU SEMICONDUCTOR INDUSTRY CO., LTD. (8155)

1. Overview of operating results and others(1) Overview of operating results for the fiscal year(i) General overview
During the fiscal year ended May 31, 2021, the Japanese economy faced challenging
circumstances due to the novel coronavirus disease (COVID-19), yet also exhibited signs ofimprovement particularly with respect to production and exports amid resumption of economic
activity.
Amid rebounding capital investment among semiconductor-related companies, primary users of
MIMASU SEMICONDUCTOR INDUSTRY CO., LTD. (the “Company”)’s products, investment
momentum overall also showed signs of recovery beginning in the latter half of the fiscal year.
Moreover, rising demand for semiconductor devices associated with a resumption of economic
activity gave rise to steady production of semiconductor silicon wafers despite the COVID-19
pandemic.
Amid such business environment, the Company engaged in concerted efforts to improve its
operating results, which entailed striking a balance between promoting its cutting-edge processing
technologies and lowering costs, while also actively proceeding to promote sales of products
developed in-house.
As a result, although net sales decreased by 7.6% year on year to ¥85,051 million, operating profit
was ¥6,085 million (up 2.6% year on year), ordinary profit was ¥6,027 million (up 7.1%), andprofit was ¥4,133 million (up 6.7%).
(ii) Overview by segment
Net sales by segment and overview of business are as follows. Note that the amounts of net sales
include intersegment sales or transfers.
Semiconductor Division
In this division, production was steady mainly for 300-millimeter wafers (including reclaimed
wafers). Under these circumstances, we have further promoted quality improvement and cost
reduction.
As a result, net sales in this division amounted to ¥46,532 million (up 2.2% year on year).
Industrial Sales Division
In this division, we actively engaged in sales promotions of products developed in-house as well asother products handled by the division.
Nevertheless, sales of products developed in-house as well as those of other products handled by
the division decreased since a cautious approach toward capital investment overall were prevalent
due to COVID-19.
As a result, net sales in this division amounted to ¥39,102 million (down 16.6% year on year).
Engineering DivisionThis division specifically assumes the role of development and as such has been actively
developing in-house products and selling them through the Industrial Sales Division.
In addition, the division has been actively engaged in developing, designing and manufacturing
devices for use in the Semiconductor Division.
Despite these efforts, net sales in this division amounted to ¥3,203 million (down 44.7% year onyear) due to sluggish capital investment among the division’s user companies.
-2-

MIMASU SEMICONDUCTOR INDUSTRY CO., LTD. (8155)(2) Overview of financial position for the fiscal year
Total assets as of the end of the fiscal year under review were ¥94,135 million, down ¥7,441 million
from the end of the previous fiscal year, mainly reflecting a decrease in property, plant and equipment.
Total liabilities were ¥27,454 million, down ¥10,580 million, mainly reflecting a decrease in accounts
payable - other. Total net assets were ¥66,680 million mainly reflecting an increase of ¥3,105 million inretained earnings.
(3) Overview of cash flows for the fiscal year
Cash and cash equivalents (“cash”) as of the end of the fiscal year under review amounted to ¥17,121
million, up ¥4,787 million from the end of the previous fiscal year.
The status of the respective cash flow categories and factors thereof were as follows:
Cash flows from operating activities
Net cash provided by operating activities during the fiscal year under review amounted to ¥22,833
million (up ¥571 million year on year). This was mainly due to an increase in cash largely attributableto profit before income taxes of ¥6,027 million, depreciation of ¥16,505 million, and a decrease in tradereceivables of ¥3,098 million, despite a decrease in cash largely attributable to a decrease in trade
payables of ¥2,018 million, and income taxes paid of ¥834 million.
Cash flows from investing activities
Net cash used in investing activities during the fiscal year under review amounted to ¥16,916 million(down ¥3,329 million year on year). This was mainly due to purchase of property, plant and equipmentof ¥16,568 million, in association with capital investments carried out during the fiscal year.
Cash flows from financing activities
Net cash used in financing activities during the fiscal year under review amounted to ¥1,129 million(up ¥32 million year on year). This was mainly due to dividends paid of ¥1,026 million.
(4) Future outlook
As for the outlook ahead, despite concerns of the spread of COVID-19 affecting the global economy,
the Japanese economy is likely to encounter persisting momentum toward gradual recovery on the backof various economic measures and improvement in overseas economies.
Under such circumstances, demand for 300-millimeter silicon wafers is poised to mount a recovery
amid strong demand with respect to wafers for logic use followed by expected recovery in wafers formemory use, which gives rise to the likelihood of persistently high levels of production over the
medium to long term. Moreover, with the environment surrounding the Company undergoing drasticchanges largely as a consequence of the international semiconductor shortage, the Company’s earnings
forecasts for the next fiscal year have yet to be determined given difficulties at this point in time interms of rationally calculating the earnings forecasts for the coming year.
The Company will disclose the earnings forecasts promptly once it is possible to do so.
(5) Basic policy on profit sharing and dividends for the current fiscal year and the next fiscal year
The Company considers improvement of operating results and sharing of profits with its shareholders
as important management issues. The Company’s basic policy is to provide shareholders withsustainable and stable dividends while securing internal reserves necessary for the enhancement of-3-

MIMASU SEMICONDUCTOR INDUSTRY CO., LTD. (8155)

management base. As such, we will make use of our internal reserve funds making effective investment
for business enhancement toward future growth.
The Company intends to pay a year-end dividend of ¥17 per share, which is ¥1 per share higher than
the interim dividend paid earlier. Therefore, annual dividends will amount to ¥33 per share, an increaseof ¥1 per share in comparison with the previous fiscal year.
Annual dividends for the next fiscal year are as yet undetermined given difficulties inherent incalculating the earnings forecasts at this point in time.
The Company will disclose the forecast of cash dividends promptly once it is possible to do so.

2. Basic policy on selection of accounting standards
The Company’s policy, for the time being, is to prepare the non-consolidated financial statements inaccordance with the Japanese GAAP taking into consideration the comparability between nonconsolidated financial statements over different accounting periods and of different companies.
The Company will respond appropriately concerning the adoption of the International Financial
Reporting Standards (IFRS) upon consideration of various factors in Japan and overseas.

-4-

MIMASU SEMICONDUCTOR INDUSTRY CO., LTD. (8155)

3. Non-consolidated financial statements and significant notes thereto(1) Non-consolidated balance sheet(Millions of yen)
As of May 31, 2020
AssetsCurrent assets
Cash and deposits
Notes receivable - trade
Accounts receivable - trade
Merchandise and finished goods
Work in process
Raw materials and supplies
Advance payments to suppliers
Prepaid expenses
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings, net
Structures, net
Machinery and equipment, net
Vehicles, net
Tools, furniture and fixtures, net
LandConstruction in progress
Total property, plant and equipment
Intangible assets
Software
Other
Total intangible assets
Investments and other assets
Investment securities
Long-term prepaid expenses
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets-5-

As of May 31, 2021

18,333
1,220
26,087
1,053
1,007
2,398
230
794
4
(4)
51,12623,121897
23,312
774
1,405
2,623
152
794
1
(2)
53,081

23,545794
16,397
54
654
1,951
3,911
47,30822,593
774
8,782
43
811
1,974
3,121
38,100

346
788
1,135

404
532
936

361
177
1,381
86
(0)
2,006
50,450101,576

447
120
1,362
86
(0)
2,016
41,054
94,135MIMASU SEMICONDUCTOR INDUSTRY CO., LTD. (8155)(Millions of yen)
As of May 31, 2020
Liabilities
Current liabilities
Notes payable - trade
Accounts payable - trade
Current portion of long-term borrowings
Accounts payable - otherAccrued expenses
Income taxes payable
Advances received
Deposits received
Provision for bonuses for directors (and otherofficers)
Provision for product warranties
Other
Total current liabilities
Non-current liabilities
Provision for retirement benefits
Asset retirement obligations
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders’ equity
Share capital
Capital surplus
Legal capital surplus
Total capital surplus
Retained earnings
Legal retained earnings
Other retained earnings
General reserve
Retained earnings brought forward
Total retained earnings
Treasury shares
Total shareholders’ equity
Valuation and translation adjustments
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Total valuation and translation adjustments
Total net assets
Total liabilities and net assets-6-

As of May 31, 2021

1,219
19,065100
13,336
1,557
387
234
95

845
17,421
–
3,155
1,479
1,472
129
40

85

86

66
872
37,02069
1,890
26,590

849
5
160
1,015
38,035

698
5
160
864
27,454

18,824

18,824

18,77818,77818,77818,778

689

689

7,900
22,05830,648(4,767)63,482

7,900
25,16433,754(4,770)66,58558
0
58
63,541
101,576

109
(14)
94
66,68094,135MIMASU SEMICONDUCTOR INDUSTRY CO., LTD. (8155)(2) Non-consolidated statement of income(Millions of yen)
Fiscal year ended
May 31, 2020
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Purchase discounts
Gain on sale of non-current assets
Other
Total non-operating income
Non-operating expenses
Interest expenses
Loss on sale and retirement of non-current assets
Other
Total non-operating expenses
Ordinary profit
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
Profit-7-

Fiscal year ended
May 31, 2021

92,07581,31010,7654,834
5,930

85,05173,998
11,052
4,967
6,085

2
12
7
1
23
47

1
10
7
20
31
71

0
334
17
352
5,626
5,626
1,210
541
1,751
3,874

0
128
0
128
6,027
6,027
1,888
5
1,894
4,133

MIMASU SEMICONDUCTOR INDUSTRY CO., LTD. (8155)(3) Non-consolidated statement of changes in equity
Fiscal year ended May 31, 2020
(Millions of yen)
Shareholders’ equity
CapitalsurplusRetained earnings
Other retained earnings

Share capitalLegalretainedearnings

TreasurysharesTotalshareholders’equity(4,766)60,605Generalreserve

Retainedearnings
brought
forward

Total retained
earnings

7,900

19,18027,769Dividends of surplus

(995)

(995)

(995)

Profit

3,874

3,874

3,874

Balance at beginning of period

18,824

Legal capitalsurplus18,778689

Changes during period

Purchase of treasury shares

(1)

(1)

Net changes in items other thanshareholders’ equity
Total changes during period
Balance at end of period

–

–

–

–

2,878

2,878

(1)

2,877

18,824

18,778689

7,900

22,05830,648(4,767)63,482

Valuation and translation adjustments

Balance at beginning of period

Valuationdifferenceonavailablefor-salesecurities

Deferred
gains orlosses onhedges

58

1

Total
valuation andtranslation
adjustments
59

Total net
assets60,665

Changes during period
Dividends of surplus(995)

Profit3,874

Purchase of treasury shares
Net changes in items other thanshareholders’ equity

(1)
(0)

(0)

(1)

(1)

Total changes during period

(0)

(0)

(1)

2,875

Balance at end of period

58

0

58

63,541-8-

MIMASU SEMICONDUCTOR INDUSTRY CO., LTD. (8155)

Fiscal year ended May 31, 2021
(Millions of yen)
Shareholders’ equity
CapitalsurplusRetained earnings
Other retained earnings

Share capitalLegalretainedearnings

TreasurysharesTotalshareholders’equity(4,767)63,482

Generalreserve

Retainedearnings
brought
forward

Total retained
earnings

7,900

22,05830,648Dividends of surplus(1,028)(1,028)(1,028)

Profit

4,133

4,133

4,133

Balance at beginning of period

18,824

Legal capitalsurplus18,778689

Changes during period

Purchase of treasury shares

(2)

(2)

Net changes in items other thanshareholders’ equity
Total changes during period
Balance at end of period

–

–

–

–

3,105

3,105

(2)

3,103

18,824

18,778689

7,900

25,16433,754(4,770)66,585

Valuation and translation adjustments

Balance at beginning of period

Valuationdifferenceonavailablefor-salesecurities

Deferred
gains orlosses onhedges

58

0

Total
valuation andtranslation
adjustments
58

Total net
assets63,541

Changes during period
Dividends of surplus(1,028)

Profit4,133

Purchase of treasury shares
Net changes in items other thanshareholders’ equity

(2)
51

(14)

36

36

Total changes during period

51

(14)

36

3,139

Balance at end of period

109

(14)

94

66,680-9-

MIMASU SEMICONDUCTOR INDUSTRY CO., LTD. (8155)(4) Non-consolidated statement of cash flows(Millions of yen)
Fiscal year ended
May 31, 2020
Cash flows from operating activities
Profit before income taxes
Depreciation
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in provision for bonuses for
directors (and other officers)
Increase (decrease) in provision for product warranties
Increase (decrease) in provision for retirement benefits
Interest and dividend income
Interest expenses
Foreign exchange losses (gains)
Loss on retirement of property, plant and equipment
Decrease (increase) in trade receivables
Decrease (increase) in inventories
Increase (decrease) in trade payables
Other, net
SubtotalInterest and dividends received
Interest paid
Income taxes paid
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
Proceeds from sale of property, plant and equipment
Purchase of intangible assets
Purchase of investment securities
Other, net
Net cash provided by (used in) investing activities
Cash flows from financing activities
Repayments of long-term borrowings
Purchase of treasury shares
Dividends paid
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- 10 -

Fiscal year ended
May 31, 2021

5,626
18,585(7)

6,027
16,505
(1)

–

1

1
(478)
(15)
0
0
70
(855)
952
(470)
830
24,24015(0)(1,992)
22,261

2
(150)
(11)
0
(0)
49
3,098
(343)
(2,018)497
23,65512(0)(834)
22,833(12,000)
12,000(19,507)
13
(475)
(15)
(261)
(20,246)(12,000)
12,000(16,568)
20
(266)
(15)
(86)
(16,916)

(100)
(1)
(995)
(1,097)(100)(2)(1,026)(1,129)

(0)

0

917
11,415
12,333

4,787
12,333
17,121MIMASU SEMICONDUCTOR INDUSTRY CO., LTD. (8155)(5) Notes to non-consolidated financial statements
Notes on premise of going concern
Not applicable.
Share of profit (loss) of entities accounted for using equity method, etc.
Not applicable.
Segment information
1. Overview of reportable segments
Reportable segments are constituent units of the Company for which financial information isseparately available. These segments have their operating results and allocation of businessresources reviewed periodically by the Company’s Board of Directors.
The Company engages in business through its three business divisions, namely the Semiconductor
Division, Industrial Sales Division and Engineering Division, all three of which serve as reportablesegments.
The Semiconductor Division engages in processing and sales of semiconductor materials such as
prime wafers and reclaimed wafers. The Industrial Sales Division engages in sales of precision
instruments such as measuring instruments, testing devices, and products incidental to suchproducts, as well as products manufactured by the Engineering Division. The Engineering Division
engages in development, design and manufacturing of devices that include semiconductor-related
automation equipment.
2. Methods of calculating the amounts of net sales, profit or loss, assets, liabilities, and other items foreach reportable segment
The accounting treatment method for reported business segments is in accordance with theaccounting policies adopted for preparing the non-consolidated financial statements.
The profit stated for a reportable segment is a figure based on operating profit. Intersegment
revenue and transfer figures are based on prevailing market prices.

- 11 -

MIMASU SEMICONDUCTOR INDUSTRY CO., LTD. (8155)

3. Information on the amounts of net sales, profit or loss, assets, liabilities, and other items for eachreportable segment
Fiscal year ended May 31, 2020
Reportable segments

Net sales
Sales from externalcustomers
Intersegment sales ortransfers(Millions of yen)Amounts inthe nonAdjustments consolidated(Note) 1
financialstatements(Note) 2

Semiconductor
Division

Industrial
Sales
Division

Engineering
Division

45,53346,541–

92,075–

92,075

4

363

5,797

6,165

(6,165)

–

Total

Total

45,53846,905

5,797

98,240(6,165)

92,075

Segment profit

4,356

1,331

1,000

6,688

(758)

5,930

Segment assets

62,031

18,501

3,877

84,41017,166

101,576

18,534
–

15
–

12
–

18,562–22–

18,585–

22,63017

1022,65826

22,684

Other items
Depreciation
Impairment losses
Increase in property,
plant and equipment
and intangible assets

Notes: 1. “Adjustments” include the following:(1) “Adjustments” of negative ¥758 million in “Segment profit” indicate the elimination of intersegment
transactions.
(2) “Adjustments” of ¥17,166 million in “Segment assets” include negative ¥3,398 million for the elimination ofintersegment transactions and ¥20,565 million of corporate assets that are not allocated to any reportablesegment. The corporate assets are mainly funds to manage surplus assets (cash and deposits) and assets
related to administration departments that are not attributable to a reportable segment.
(3) “Adjustments” of ¥22 million in “Depreciation” and “Adjustments” of ¥26 million in “Increase in property,
plant and equipment and intangible assets” under “Other items” are mainly related to corporate assets thatare not attributable to a reportable segment.
2. Segment profit is adjusted with operating profit in the non-consolidated statement of income.
3. Because the Engineering Division specifically assumes the role of development it does not generate net sales
through business with external customers. Instead, sales with respect to the Engineering Division are conducted
through the Industrial Sales Division.

- 12 -

MIMASU SEMICONDUCTOR INDUSTRY CO., LTD. (8155)

Fiscal year ended May 31, 2021
Reportable segments

Net sales
Sales from externalcustomers
Intersegment sales ortransfers
Total(Millions of yen)Amounts inthe nonAdjustments consolidated(Note) 1
financialstatements(Note) 2

Semiconductor
Division

Industrial
Sales
Division

Engineering
Division

46,52938,522–85,051–85,051

3

579

3,203

3,786

(3,786)–

46,532

39,102

3,203

88,838(3,786)85,051

Total

Segment profit

5,071

894

551

6,517

(432)

6,085

Segment assets

53,321

14,543

1,962

69,82624,308

94,135

16,445
–

18
–

15
–

16,479–26–

16,505
–

7,089

24

26

7,140

7

7,148

Other items
Depreciation
Impairment losses
Increase in property,
plant and equipment
and intangible assets

Notes: 1. “Adjustments” include the following:(1) “Adjustments” of negative ¥432 million in “Segment profit” indicate the elimination of intersegment
transactions.
(2) “Adjustments” of ¥24,308 million in “Segment assets” include negative ¥1,101 million for the elimination ofintersegment transactions and ¥25,410 million of corporate assets that are not allocated to any reportablesegment. The corporate assets are mainly funds to manage surplus assets (cash and deposits) and assets
related to administration departments that are not attributable to a reportable segment.
(3) “Adjustments” of ¥26 million in “Depreciation” and “Adjustments” of ¥7 million in “Increase in property,
plant and equipment and intangible assets” under “Other items” are mainly related to corporate assets thatare not attributable to a reportable segment.
2. Segment profit is adjusted with operating profit in the non-consolidated statement of income.
3. Because the Engineering Division specifically assumes the role of development it does not generate net sales
through business with external customers. Instead, sales with respect to the Engineering Division are conducted
through the Industrial Sales Division.

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MIMASU SEMICONDUCTOR INDUSTRY CO., LTD. (8155)

Per share information(Yen)
Fiscal year ended May 31, 2020
Net assets per share
Basic earnings per share

Fiscal year ended May 31, 2021

1,977.88

2,075.67

120.60128.68Notes: 1. Diluted earnings per share are not presented because there are no potential shares.
2. The basis for calculation of net assets per share is as follows:
As of May 31, 2020

As of May 31, 2021

Total net assets (Millions of yen)

63,541

66,680

Amount deducted from total net
assets (Millions of yen)––Amount of net assets at the end of the
fiscal year related to common share(Millions of yen)

63,541

66,680

Number of issued common shares(Thousands of shares)

35,49735,497

Number of common shares held astreasury shares (Thousands of shares)

3,371

3,372

Number of common shares at the endof the fiscal year used for calculationof net assets per share (Thousands ofshares)32,12532,124

3. The basis for calculation of basic earnings per share is as follows:
Fiscal year ended May 31, 2020

Fiscal year ended May 31, 2021

3,874

4,133

–

–

Profit related to common share(Millions of yen)

3,874

4,133

Average number of common shares
outstanding during the period(Thousands of shares)

32,12632,125

Basic earnings per share
Profit (Millions of yen)Amount not attributed to commonshareholders (Millions of yen)

Significant subsequent events
Not applicable.

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