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.

February 14, 2022

Consolidated Financial Results
for the Fiscal Year Ended December 31, 2021
(Under Japanese GAAP)
Company name:Tokyo Ohka Kogyo Co., Ltd.
Listing:
Tokyo Stock Exchange
Securities code:
4186
URL:
https://www.tok.co.jp/eng
Representative:
Noriaki Taneichi
Inquiries:
Daisuke Matsuyama
Telephone:+81-44-435-3000
Scheduled date of annual general meeting of shareholders:
Scheduled date to commence dividend payments:
Scheduled date to file annual securities report:
Preparation of supplementary material on financial results:
Holding of financial results briefing:

President and Chief Executive Officer
General Manager, Accounting Division
March 30, 2022
March 31, 2022
March 30, 2022
Yes
Yes (for institutional investors and analysts)(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Consolidated financial results for the fiscal year ended December 31, 2021 (from January 1, 2021 toDecember 31, 2021)(1) Consolidated operating results(% indicates the rate of increase/decrease year-on-year.)Net sales
Fiscal year ended

Operating profit

Profit attributable toowners of parent

Ordinary profit

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

December 31, 2021

140,055

19.1

20,70732.8

21,664

34.3

17,74878.8

December 31, 2020

117,585

14.4

15,58963.3

16,129

66.2

9,926

83.5

Note: Comprehensive income

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

Basic earnings
per share
Fiscal year ended

Diluted earnings
per share¥22,998 million¥13,767 million

Return on equity[67.0%][69.6%]

Ratio of ordinary
profit to total assets

Ratio of operating
profit to net sales%%

Yen

Yen%

December 31, 2021

430.73429.91

11.5

10.4

14.8

December 31, 2020

239.42238.78

6.7

8.3

13.3

Net assets

Equity-to-asset ratio(2) Consolidated financial position
Total assets
As ofNet assets per share

Millions of yen

Millions of yen

December 31, 2021

217,264

165,19071.7

3,880.18

December 31, 2020

201,185

159,99475.3

3,651.20

Reference:Equity
As of December 31, 2021:
As of December 31, 2020:%Yen¥155,829 million¥151,556 million

1/4* Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in the change
in scope of consolidation): None
Newly included: None
Excluded: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 December 31, 2021

42,600,000 shares

As of December 31, 2020

45,100,000 shares(ii) Number of treasury shares at the end of the period
As of December 31, 2021

2,439,651 shares

As of December 31, 2020

3,591,418 shares(iii) Average number of shares outstanding during the period
Fiscal year ended December 31, 2021

41,205,908 sharesFiscal year ended December 31, 2020

41,460,152 shares[Reference] Overview of non-consolidated financial results
1. Non-consolidated financial results for the fiscal year ended December 31, 2021 (from January 1, 2021 toDecember 31, 2021)(1) Non-consolidated operating results(% indicates year-on-year changes.)

Net sales
Fiscal year ended

Operating profit

Ordinary profit

ProfitMillions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

December 31, 2021

84,32717.5

11,56185.9

16,401

86.4

16,987

159.2

December 31, 2020

71,796

13.1

6,220

87.9

8,797

67.5

6,553

65.1

Basic earnings
per share
Fiscal year ended

Diluted earnings
per share
Yen

Yen

December 31, 2021

412.25411.47

December 31, 2020

158.07

157.65(2) Non-consolidated financial position
Total assets
As ofNet assets

Equity-to-asset ratio

Net assets per share

Millions of yen

Millions of yen

December 31, 2021

164,548

129,395

78.5

3,216.61

December 31, 2020

158,536

129,394

81.4

3,109.95

Reference:

EquityAs of December 31, 2021:
As of December 31, 2020:%Yen¥129,180 million¥129,089 million* Financial results reports are exempt from audit conducted by certified public accountants or an audit
corporation.
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* Proper use of earnings forecasts, and other special matters
The forecasts given in this document are based on the current available information in the company and certain
reasonable assumptions of the company. And we don’t commit to achieve these forecasting numbers. Actual
results may differ from these forecasts by a variety of reasons.
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