Note:This document is a translation of a part of the original Japanese version and provided for reference purposes only. In the event of any discrepancy
between the Japanese original and this English translation, the Japanese original shall prevail.

Consolidated Financial Results
for the Nine Months Ended December 31, 2022
[Japanese GAAP]
February 10, 2023
Company name:
Meito Sangyo Co., Ltd.
Stock exchange listing: Tokyo,Nagoya
Code number:
2207
URL:
https://www.meito-sangyo.co.jp
Representative:
Masuo Mitsuya,Representative Director and President
Contact:
Masanao Kurimoto,Manager of Accounting Department
Phone:+81-52-521-7111
Scheduled date of filing quarterly securities report:
February 13, 2023
Scheduled date of commencing dividend payments: Availability of supplementary briefing material on quarterly financial results: No
Schedule of quarterly financial results briefing session:
No(Amounts of less than one million yen are rounded down)
1. Consolidated Financial Results for the Nine Months Ended December 31, 2022 (April 01, 2022 to December 31, 2022)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Profit attributable toNet sales
Operating profit
Ordinary profit
owners of parent
Million yen%
Million yen%
Million yen%
Million yen%
Nine months ended
December 31, 2022
16,5495.3(7)
901(16.5)
583(87.6)
December 31, 2021
15,710
231
0.8
1,079
(7.9)
4,716
427.5
(Note) Comprehensive income:Nine months ended December 31, 2022:¥463 million [(81.3) %]Nine months ended December 31, 2021:¥2,478 million [(39.8) %]Basic earnings
per share
Nine months ended
December 31, 2022
December 31, 2021Diluted earnings pershareYen

Yen

34.54
279.18-(2) Consolidated Financial Position
Total assets
Million yen
As ofDecember 31, 2022
70,187
March 31, 2022
70,867(Reference) Equity: As of December 31, 2022:
As of March 31, 2022:

Net assets¥¥

Capital adequacy ratio
Million yen%

44,74044,71344,740 million
44,713 million

63.7
63.1

2. Dividends
Annual dividends
1stquarter-end

2ndquarter-end

3rdquarter-end

Yen

Yen

Yen

Yen

Yen

Fiscal year ended March 31, 2022-12.00-14.00

26.00

Fiscal year ending March 31, 2023

-13.00

13.00

26.00

Year-end

Fiscal year ending March 31, 2023
(Forecast)(Note) Revision to the forecast for dividends announced most recently:
No(Note) Breakdown of year-end dividend for the fiscal year ended March 31, 2022 :Special dividend
2.00 yenTotal

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2023(April 01, 2022 to March 31, 2023)(% indicates changes from the previous corresponding period.)
Profit attributable to Basic earnings
Net sales
Operating profit
Ordinary profit
owners of parentper share%

Million yen%

Million yen%

Yen

Full year
22,2005.0
50 (85.7)(Note) Revision to the financial results forecast announced most recently:

Million yen%

Million yen

950(23.0)

650(64.2)

38.46

Yes* Notes:(1) Changes in significant subsidiaries during the nine months ended December 31, 2022
(changes in specified subsidiaries resulting in changes in scope of consolidation):
NoNew(Company name:
Exclusion:(Company name:(2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements:(3) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards: Yes
2) Changes in accounting policies other than 1) above: No
3) Changes in accounting estimates: No4) Retrospective restatement: No(4) Total number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury shares):December 31, 2022:
17,265,000 shares
March 31, 2022:
17,265,000 shares2) Total number of treasury shares at the end of the period:December 31, 2022:
359,686 shares
March 31, 2022:
371,255 shares
3) Average number of shares during the period:
Nine months ended December 31, 2022:
Nine months ended December 31, 2021:

16,900,752 shares
16,894,046 shares))No