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 Six Months Ended June 30, 2022
(Based on Japanese GAAP)
August 10, 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 OfficerEisuke Kumamo
Shinichi Karakama

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

August 10, 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 six months ended June 30, 2022 (from January 1, 2022 to June 30, 2022)(1) Consolidated operating results (cumulative)
Percentages indicate year-on-year changes
Profit attributable toNet sales
Operating profit
Ordinary profit
owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
Six months ended June 30, 2022
2,370–
269
0.9308
(3.6)
225
3.7
Six months ended June 30, 2021
2,510
13.0267 153.9
320 148.5
217
11.8
Earnings per share

Diluted earnings per share

Yen
38.53
37.16

Six months ended June 30, 2022
Six months ended June 30, 2021

Yen––(2) Consolidated financial position
Total assets

Net assets

Millions of yen
4,459
4,427

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

Equity ratio

Millions of yen
1,655
1,455%
37.3
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

–

8.00

8.00

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 yen5,248

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
1.880343.4892
41.8604(4.5)
103.351

4. Notes(1) Changes in significant subsidiaries during the six months ended June 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:

NoNo(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:

NoNo

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 June 30, 2022

5,847,120 shares As of December 31, 2021

5,847,120 shares

1,255 shares As of December 31, 2021

1,255 shares

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

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

5,845,865 shares Six months ended June 30, 2021

25,846,085 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
OtherAllowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles,
netLand
Other, net
Total property, plant and equipment
Intangible assets
Investments and other assets
Total non-current assets
Total assets3(Thousands of yen)
As of June 30, 2022

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

1,562,782
648,619
19,361
26,603
2,439
139,740(60)
2,399,486

432,483

418,356

360,730

341,863792,290
48,225
1,633,73025,900
421,227
2,080,858
4,427,311

792,290
70,915
1,623,426
33,985403,0892,060,500
4,459,986

As of December 31, 2021

(Thousands of yen)
As of June 30, 2022

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

288,118
150,000
20,78378,285660,483
1,197,670

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

1,125,000
339,136
102,098
30,883
1,597,117
2,794,788

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

474,920244,683
919,140(375)
1,638,368

6,823

26,8296,823

26,8291,455,024
4,427,311

1,665,197
4,459,986

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)Six months ended
Six months ended
June 30, 2021
June 30, 2022
Net sales
2,510,856
2,370,881
Cost of sales
1,527,234
1,360,105
Gross profit
983,6211,010,775
Selling, general and administrative expenses
716,207740,829
Operating profit
267,414
269,946
Non-operating income
Interest income
5354
Share of profit of entities accounted for using
51,344
36,120equity method
Foreign exchange gains
–
7,308
Other
21,4906,758
Total non-operating income
72,88850,240Non-operating expenses
Interest expenses
13,861
8,477
Foreign exchange losses
3,613–
Loss on cancellation of leases
–
2,245
Other
2,508
616
Total non-operating expenses
19,983
11,339Ordinary profit
320,319
308,847
Profit before income taxes
320,319
308,847
Income taxes - current
97,01014,071
Income taxes - deferred
6,071
69,533
Total income taxes
103,081
83,604
Profit217,237
225,243
Profit attributable to owners of parent
217,237
225,2435

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

Six months ended
June 30, 2021
217,237(Thousands of yen)Six months ended
June 30, 2022225,243

362

4,440

6,758

15,564

7,121
224,359

20,005245,249

224,359245,249

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