Translation
Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any
discrepancy between this translated document and the original Japanese document, the latter shall prevail.

[Delayed]Summary of Consolidated Financial Results
for the Nine Months Ended September 30, 2022
(Based on Japanese GAAP)
November 11, 2022
Company name:AMITA HOLDINGS CO., LTD.

Stock exchange listing: Tokyo
Stock code:
2195
Representative:
Inquiries:

URL

https://www.amita-hd.co.jp/

Chairman and Chief Executive Officer
Chief Financial Officer

Eisuke Kumamo
Shinichi Karakama

Scheduled date to file Quarterly Securities Report:
Scheduled date to commence dividend payments:

November 11, 2022–

Preparation of supplementary material on quarterly financial results:
Holding of quarterly financial results meeting:

NoNo

TEL

03-5296-9371(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the nine months ended September 30, 2022 (from January 1, 2022 to September 30, 2022)(1) Consolidated operating results (cumulative)
Percentages indicate year-on-year changesProfit attributable toNet sales
Operating profit
Ordinary profit
owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
Nine months ended September 30, 2022
3,512–425
1.3
530
15.7
402
27.9
Nine months ended September 30, 2021
3,814
13.3
419 152.1
458 131.7
314
19.1
Earnings per share

Diluted earnings per share

Yen
22.96
17.94

Nine months ended September 30, 2022
Nine months ended September 30, 2021

Yen––(2) Consolidated financial position
Total assets

Net assets

Millions of yen
4,6674,427

As of September 30, 2022
As of December 31, 2021

Equity ratio

Millions of yen
1,849
1,455%
39.6
32.9

2. Cash dividends
Annual dividends per share

Year ended December 31, 2021
Year ending December 31, 2022

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––

Yen
0.00
0.00

Yen––

Yen
30.00

Yen
30.00

3.00

3.00

Year ending December 31, 2022 (Forecast)Total

3. Forecast of consolidated financial results for the year ending December 31, 2022 (from January 1, 2022 to December 31, 2022)Net sales

Full year

Millions of yen
5,248

Percentages indicate year-on-year changes
Profit attributable toOperating profit
Ordinary profit
Earnings per shareowners of parent% Millions of yen% Millions of yen% Millions of yen%
Yen
1.8803
43.4
892
41.8
604
(4.5)
34.45

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4. Notes(1) Changes in significant subsidiaries during the nine months ended September 30, 2022
(changes in specified subsidiaries resulting in the change in scope of consolidation):(2) Application of special accounting methods for preparing quarterly consolidated financial statements:No
No(3) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements
Changes in accounting policies due to revisions to accounting standards and other regulations:
Yes
Changes in accounting policies due to other reasons:
Changes in accounting estimates:

No
No

Restatement of prior period financial statements:

No(4) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of September 30, 2022

17,541,360 shares As of December 31, 2021

17,541,360 shares

Number of treasury shares at the end of the period
As of September 30, 2022

3,855 shares As of December 31, 2021

3,765 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Nine months ended September 30, 2022

17,537,568 shares Nine months ended September 30, 2021

217,538,255 shares

Quarterly consolidated financial statements
Consolidated balance sheets
As of December 31, 2021
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
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
Machinery, equipment and vehicles,net
Land
Other, net
Total property, plant and equipment
Intangible assets
Investments and other assets
Total non-current assets
Total assets3(Thousands of yen)
As of September 30, 2022

1,390,556
703,11434,754
27,635
4,289
186,172(70)
2,346,453

1,760,877
618,561
29,60946,8697,065
154,092(60)
2,617,016

432,483

398,826360,730

331,359

792,290
48,225
1,633,730
25,900421,227
2,080,858
4,427,311

752,187
88,694
1,571,067
34,727444,3992,050,195
4,667,211

As of December 31, 2021

(Thousands of yen)
As of September 30, 2022

353,579
150,000
29,15898,388680,884
1,312,011

276,946
150,000
34,69240,319753,026
1,254,985

1,200,000
330,986
101,639
27,6501,660,276
2,972,287

1,087,500
346,812102,327
26,364
1,563,004
2,817,989

474,920244,683
728,972(375)
1,448,200

474,920244,683
1,096,568(433)
1,815,739

6,823

33,482

6,823

33,482

1,455,024
4,427,311

1,849,221
4,667,211

Liabilities
Current liabilities
Notes and accounts payable - trade
Current portion of long-term borrowings
Income taxes payable
Provision for bonuses
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Retirement benefit liability
Asset retirement obligations
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
Foreign currency translation adjustment
Total accumulated other comprehensive
incomeTotal net assets
Total liabilities and net assets

4Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)
Consolidated statements of income (cumulative)(Thousands of yen)
Nine months ended
Nine months ended
September 30, 2021
September 30, 2022
Net sales
3,814,698
3,512,376
Cost of sales
2,333,617
1,963,539
Gross profit
1,481,081
1,548,836
Selling, general and administrative expenses
1,061,236
1,123,324
Operating profit
419,844425,512
Non-operating income
Interest income
8185
Share of profit of entities accounted for using
45,48997,348equity method
Foreign exchange gains–
12,574
Other
19,01910,180Total non-operating income
64,590120,188
Non-operating expenses
Interest expenses
18,961
12,528Foreign exchange losses
3,924–
Loss on cancellation of leases
–
2,245
Other
3,388
924
Total non-operating expenses
26,275
15,698
Ordinary profit
458,160
530,002
Extraordinary income
Gain on sale of non-current assets
4,710
2,821
Total extraordinary income
4,710
2,821
Extraordinary losses
Loss on sale and retirement of non-current
7,411–
assetsTotal extraordinary losses
7,411–
Profit before income taxes
455,458
532,823
Income taxes - current
118,726
35,658
Income taxes - deferred
22,014
94,494
Total income taxes
140,740
130,152
Profit314,717402,671
Profit attributable to owners of parent
314,717402,6715

Consolidated statements of comprehensive income (cumulative)

ProfitOther comprehensive income
Foreign currency translation adjustment
Share of other comprehensive income ofentities accounted for using equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable toowners of parent

Nine months ended
September 30, 2021
314,717(Thousands of yen)
Nine months ended
September 30, 2022
402,671

297

4,507

2,689

22,151

2,986
317,704

26,658429,329

317,704

429,329

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