Financial Statement
81th TERM(Entered 103 years Since 1918)

From 1st April 2020 ～ 31st March 2021

(Company motto)"Love and Creation"
Showa Kako Corporation

Balance Sheet
From 1st April 2020 ～ 31st March 2021
Showa Kako Corporation(Unit : Yen)

AssetsDescription
Current assets
Cash and deposits
Receivable

Liabilities
AmountDescription

4,884,709,150 Current liabilities
1,641,493,632
383,399,014

Accounts Receivable

1,627,021,855

Marketable securities

Amount
1,704,483,680
138,247,846

Bills Payable
Accounts Payable

1,233,064,265

Arrears

103,615,744

33,841,225

Accrued expenses

35,382,876

Products & Goods

723,261,974

Corporate Tax allowance

109,851,800

Raw materials

118,531,178

Deposits

6,630,882

Work in process

279,088,652

Advance received

4,743,572

Factory consumables

18,606,952

Provisional payment

174,124

Other current assets

71,464,668

One year long term loan

43,884,000△12,000,000

Consumption tax payable

28,888,571

Allowance for Loan Losses

Fixed Assets

2,378,326,256

Tangible fixed assets

1,837,058,602 Fixed Liabilities

3,449,677,800

Building

418,829,284

Long Term Loan

Building equipment

236,950,582

Bonds

Structures

80,777,210

Liabilities Total

Machinery

691,945,018

3,431,773,000
17,904,800
5,154,161,480

Net Assets

Vehicles and transportationequipment

2Tools, furniture and fixtures

26,710,805

CapitalLand

381,845,701

Capital surplus

1,205,993

23,564,389

Capital reserve

405,993

Other capital surplus

800,000

Intangible fixed assets

Shareholders' equity

Software

159,985

Telephone subscription right904,404

Retained earnings

22,500,000

Earned reserve366,385,474

Other retained earnings

Business rights

Investment
Investment securities and investment

152,969,893

Long-term loans

1,688,878

Security deposit

104,499,980

Other investments

107,226,723

Deferred assets

Total Assets

151,317,791

Other reserve
Profit carried forward

Own shares
Net Assets

7,263,035,406 Total Liabilities and Net assets(Note) Accumulated depreciation of property, plant and equipment 2,391,399,511

100,000,000

2,042,200,733
25,200,000
2,017,000,733
500,000,000
1,517,000,733△34,532,800
2,108,873,926
7,263,035,406

Profit and Loss Statement
From 1st April 2020～31st March 2021
Showa Kako Corporation(Unit：JPY)

Description

AmountSales

9,030,077,729

Cost of Sales
Opening Inventory

603,036,798

Current term cost of production and total purchase
7,698,902,115
Total

8,301,938,913

Closing Inventory△ 723,261,974

Gross Profit on Sales

1,451,400,790

Sales expenses

392,465,331

General administrative expenses

435,165,664

Operating Profit

623,769,795

Non operating profit

83,417,372

Interest income

359,394

Dividend income

1,408,785

Miscellaneous income

81,649,193

Non Opearting Expenses

44,410,949

Interest expense

27,377,889

Discounted interest

2,858,740

Miscellaneous loss

14,174,320

Non Operating Profit

662,776,218Extraordinary Profit

0Extraordinary loss

135,238,610

Income before taxes

527,537,608

Corporation tax, resident tax and business tax 172,839,329

Current Net Profit（Note）Ordinary depreciation range of depreciable assets for the period

Depreciation amount354,698,279
188,738,725
188,738,725

Statement of share holder' equity
From 1st April 2020～31st March 2021

Showa Kako Corporation
Owner's capital
Capital surplusCapital surplus

CapitalAccumulated surplus

Other
Capital surplus
capitalsum total
surpluses

Capitalreserve

Other accumulated
surpluses

EarnedsurplusreserveEarned
surplusC/F(next term)

Generalreserve

Company's own
Accumulated
stock
surplus total

100,000,000

405,993

800,000

1,205,993

25,200,000

500,000,000

Current net income

000000354,698,279

354,698,279

0354,698,279

354,698,279

Acquisition of own shares

00000000000

Current term total
fluctuating amount

00000

0

354,698,279

354,698,279

0354,698,279

354,698,279

100,000,000

405,993

800,000

1,205,993

25,200,000

500,000,000

1,517,000,733 2,042,200,733△ 34,532,800

First half balance

Current term end balance

1,162,302,454 1,687,502,454△ 34,532,800

Net-assets
total

Owner'scapital total

1,754,175,647 1,754,175,647

2,108,873,926 2,108,873,926

Individual Notes

Showa Kako Corporation

１．This financial statements, is created by the guidance of small business accounting

2．Important accounting policies(1)

The evaluation criteria and evaluation method of negotiable securities① Things with market value

Cost of acquisition② Things without market value Cost of acquisition(2)

The evaluation criteria and the evaluation method of an inventory
Cost method according to periodic average method(3)

The method of depreciation of fixed assets
Tangible fixed assets

Constant percentage method by regulation of Corporation Tax Law
Period of depreciation
Building： 8 to 25 years
Building attached structure： 3 to 20 years
Structure ： 8 to 40 years
Mechanical apparatus ：2 to 22 years
Furniture and fixtures：2 to 20 years
Automotive equipment： 4 to 7 years(4)

Intangible fixed assets Fixed amount method by regulation of Corporation Tax Law
Accounting treatment of derivatives
Accounting treatment by a market method to be carried out(5)

The disposal method of a lease transaction
About the finance lease transactions of those other than what the ownership of leased
property transfers to a borrower, is based on accounting treatment according to the method
related to the usual lease transactions.

(6)

Accounting treatment of derivatives
Accounting treatment of a consumption tax etc. is based on the tax excluded method.

3. Notes to the Balance Sheet
３．貸借対照表に関する注記
Accumulated depreciation: JPY 2,391,399,511
４．
Notes for Statement of Changes in Net Assets(1)

AboutShares
End OfIssued
First Half・・・2,016
SharesCurrent Period End・・・2,016 Shares

The number of Own shares at the end of the fiscal year(2)

123Shares