For the Fiscal Year Ended March 31, 2022

Annual Select® 2022

SUN-WA TECHNOSCORPORATIONTokyo Square Garden, 3-1-1, Kyobashi,
Chuo-ku, Tokyo 104-0031 JAPAN(Securities Code: 8137)+81-3-5202-4011

Corporate Profile
When it was founded in 1949, Sun-Wa Technos Corporation responded to the demands of that era, during
which Japan was rebuilding its industrial capacity following World War II. Ever since then, our main
business has been the sale of technology products—such as industrial systems and machinery, electricmotors, and control equipment—and associated contracting work. With the subsequent structural changes
in Japanese industry, however, we extended into three product lines: electrical machinery, electronics, andgeneral machinery. Today, we mainly handle products in the fields of industrial electronics andmechatronics as an independent technology trading company that provides consistent services fromtechnical proposals optimally combining various technologies to quality control, production efficiency
improvement and maintenance.
As a recent initiative, we are actively dealing in environmentally friendly products and contributing to theenvironment through sales of products for energy creation, energy storage, and energy conservation.
Especially in the electric power sector, we are developing businesses across solar power generation,
rechargeable batteries, and energy management. Through the LED lighting business, energy-saving
equipment business, facility automation business, and component sales for environmental equipment, we
will promote environmental initiatives aimed at contributing to “carbon neutrality by 2050.”
Since establishing an overseas base in Singapore in 1995, the Sun-Wa Group has now established a total of
28 bases in 12 countries. Aiming to expand and develop its non-Japan business, the Group makes a selling
point of providing the same level of service it provides in Japan when assisting Japanese customers moving
into overseas markets, while at the same time cultivating local companies overseas as new customers.

We are currently in the process of establishing the Sun-Wa global network, thereby helping to reduceoverall costs for customers by offering services including acting as a procurement agency (global supply
chain management (“SCM”) solutions) to streamline the process from inventory procurement to
distribution.
We also operate a business that develops outstanding products overseas and supplies them to customers
inside and outside Japan.

I. Summary of Selected Financial Data (Consolidated)

Net sales

70th fiscal year

71st fiscal year

72nd fiscal year

73rd fiscal year

74th fiscal year

From April 1, 2017
to March 31, 2018

From April 1, 2018
to March 31, 2019

From April 1, 2019
to March 31, 2020

From April 1, 2020
to March 31, 2021

From April 1, 2021
to March 31, 2022

146,759

145,410

137,943

134,769

154,414

4,349

3,627

2,144

2,567

5,195

3,085

2,628

1,341

1,786

3,577

4,744

1,253

627

3,840

4,095

27,993

31,94431,72635,03038,023

77,254

74,11471,73876,381

93,0782,020.05

1,991.19

2,010.98

2,220.42

2,462.10

222.65164.0884.11

113.23228.33

–

–

–

–

–

36.2

43.1

44.2

45.9

40.9

12.0

8.8

4.2

5.4

9.8

8.5

5.3

9.7

9.5

5.9

(2,221)

1,636

3,238

1,589

792

29

(153)

(200)

(141)

244

3,962

28

(945)

(309)

(580)

8,112

9,521

11,568

12,62913,565

957

994

1,030

1,043

1,039

(Millions of yen)

Ordinary profit(Millions of yen)

Profit attributable to ownersof parent(Millions of yen)Comprehensive income(Millions of yen)

Net assets(Millions of yen)

Total assets(Millions of yen)

Net assets per share(Yen)

Basic earnings per share(Yen)

Diluted earnings per share(Yen)

Equity ratio(%)

Return on equity (ROE)(%)

Price earnings ratio (PER)(Times)Net cash provided by (usedin) operating activities(Millions of yen)

Net cash provided by (usedin) investing activities(Millions of yen)

Net cash provided by (usedin) financing activities(Millions of yen)

Cash and cash equivalents at
end of period(Millions of yen)

Number of employees(Persons)

Notes: 1.
2.

Diluted earnings per share are not provided since there are no potential shares.
The Company has applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, March 31, 2020) andrelevant ASBJ regulations from the beginning of the fiscal year under review, and the key management indices for the fiscal
year under review, are those after applying the accounting standard and relevant ASBJ regulations.

- 1 -II. Message from the Representative
The 11th Medium-term Management Plan “SNS2024” has started, communicating ourlong-term vision internally and toward the outside world
In the fiscal year ended March 31, 2022, both domestic andforeign demand picked up with the continued normalizationfrom the pandemic due to improvement in the COVID-19
situation. Despite concerns about the spread of new mutant
strains of infection, the economy continued to recover.

Hiroyuki Tanaka

Against this backdrop, in the industrial electronics andmechatronics industries, which are the main business fieldsof the Sun-Wa Group, capital investment increased inmarkets such as semiconductors and electronic components.
As a company that proposes and provides products andsolutions in the cutting-edge manufacturing sector, we grewbusiness in areas including automation and robotization. In
addition, during the supply chain disruption in the processof normalization from the pandemic, the importance of
supply chain functions and roles in which we have strengths
increased and these are highly valued by our customers.
Both operating profit and ordinary profit increased year-onyear in the period under review, demonstrating the“resilience” of our business in these uncertain times.

In order to reward our shareholders for their continued
support, we have increased the year-end dividend to ¥20 per
share, which together with the interim dividend (¥17) brings the annual dividend to ¥37 per share. We aim
to continue maintaining stable dividends for our shareholders.
Chairman, President and Representative Director

Demonstrated Strengths and Potential in the Execution of “NEXT 1800”
In the final year of the tenth medium-term management plan “NEXT 1800,” we were able to achieve theplan’s targets. We would like to take this opportunity to thank you all again for your support. Looking backon the period during which the plan was executed, although industries in which we are involved were quick
to emerge from the headwinds of U.S.-China trade friction and the pandemic, shortages of various
components starting with semiconductor shortages led to global disruptions in the supply chain.
The main reasons for the achievement of the targets included the strength of factory automation (“FA”),
industrial equipment, and semiconductor manufacturing equipment markets, the early recovery of China’s
economy, and the fact that we were able to demonstrate the strength of our Global SCM Solutions, whichhave a long track record, in disrupted supply chains. Also, regarding the improvement in operating profit
margin, thorough management and control of selling, general and administrative expenses has had adefinite effect.
Positive changes were also seen in the penetration of remote work using ICT and the operation of smart
sales offices (currently five in Japan), as well as wider awareness of the need to improve labor productivity
through changes in work styles in response to the pandemic. We believe that a new business style and a
new way of working for our employees will spread in the future, combining our tradition of face-to-facebased, customer-focused sales with remote working.

Group-wide Sharing of the “Sun-Wa Vision 2030” and Strategic Execution of “SNS2024”“Sun-Wa Vision 2025,” which targeted net sales of ¥250 billion in fiscal 2025, will be launched anew as“Sun-Wa Vision 2030,” a long-term vision for 2030 in line with changes in market conditions and thebusiness environment in this highly uncertain era.
“Sun-Wa Vision 2030” succeeds “Sun-Wa Vision 2025” and more clearly clarifies our mission and the
purpose of our existence, our vision of what we aim to accomplish, and the values required to achieve our- 2 -vision. Under the mission of “connecting technologies in the world to create new value and support thedevelopment of a prosperous society,” we share our vision and values for the future within the Company
and communicate them widely to the outside world to further enhance corporate value.
As the first stage toward realizing “Sun-Wa Vision 2030,” the 11th medium-term management plan
“SNS2024 (‘Sun-Wa New Stage 2024’)” commenced in April this year. Firstly, with regard to managementtargets, we have set a target of ¥7 billion in operating profit (¥195 billion in net sales) for FY2024 as wehave shifted from net sales to operating profit as a key goal indicator (KGI). We have also established basic
policies to achieve our targets. As a means to increase the value provided to customers, in addition to the
traditional approach of developing business by department and branch in each area, we also aim to“develop business through a cross-functional strategy of segmentation by customer industry.” The key
segments where innovation is required and in which we will actively invest resources are semiconductor
manufacturing equipment, robots and mounters, and machine tools, while the segments in which we will
selectively invest resources are automotive, factory automation equipment, and facilities. As a measure tostrengthen these efforts, a “Strategic Segment Team” to execute the customer segmentation strategy acrossall departments and branches was established in April this year, and will focus on providing high valueadded products and new solutions based on clear profit targets.

Strongly Promote Sustainability Management as a Basis for Improving Corporate Value“Sustainability Management” is one of the basic policies of “SNS2024” and it is imperative for a global
company to communicate its policies and measures more concretely both domestically and internationally.
Therefore, we have established a basic sustainability policy and will enhance our promotion system. While
the world is being drastically changed by the pandemic, to ensure a bright future for future generations, we
aim to contribute to a sustainable society and continuously improve corporate value through the Company’sbusiness activities supporting the global supply chain.
We reviewed our materiality issues, which focus on contributing to achieving the goals of the SDGs, from asustainability perspective and identified five key issues (see figure below).

Preserving the
global environment

Providing technology
and engineering tosupport society

Contributing tohealthy, safe andsecure living

SUN-WATECHNOS’s
key sustainability
issues(materiality)

Cultivating diverse
human resources

As part of our efforts in “preserving the global
environment,” we will enhance the quality andquantity of information disclosure based on theframework of the Task Force on Climaterelated Financial Disclosure* (TCFD). We aim
to realize a decarbonized society throughefforts to reduce environmental impact byreducing our own CO₂ emissions, and bycontributing to the environment by reducing
CO₂ emissions through sales. We will alsoenhance our ability to communicate to society,for example, by making carbon neutrality thetheme of the “Sun-Wa Technical Seminar ’21,”
a technical seminar hosted by the Company.

With regard to “Cultivating diverse humanresources,” in addition to enhancing our inhouse training program Sun-Wa College, weare strengthening our in-house training
program to enable local employees to manage
overseas bases. We have continued the “Global
Five key sustainability issues
Next Leader Training” program since 2020,
and the first group of students completed the program this March. We believe it is important to continue to
steadily implement these measures. The “intrapreneur (in-house entrepreneur) system,” which creates new
businesses, has also taken root as a place for young employees to play an active role, producing diverse
results. Furthermore, in “contributing to healthy, safe and secure living,” we are promoting the use of
AEDs and conducting in-house training sessions. Also, for the second year in a row, we have been certified
as a Health and Productivity Management Outstanding Organization (Large Enterprise Category).” We will
Enhancing our managementfoundations to support
sustainable growth- 3 -continue to advance “health promotion” of our employees and contribute to the creation of a prosperous
society.
The economic situation will remain uncertain against the backdrop of China’s COVID-19 measures,difficulties in obtaining parts and materials, exchange rate fluctuations, rising energy prices, and thesituation in Ukraine. However, all employees of the Company will share the “Sun-Wa Vision 2030,”
steadily implement the measures in the 11th medium-term management plan “SNS2024,” and aim to
improve corporate value and enhance our operating and financial strength. We would like to ask ourshareholders for their continued support.
* Established by the Financial Stability Board (FSB). A report recommending disclosure of climaterelated information with financial impacts was released in June 2017.

- 4 -Eleventh Medium-Term Management Plan (FY2022 - FY2024)

Enhancement of corporate value
FY2024 Operating profit target ¥7 billion
Financial Targets

Basic Policy
As a global supply chain professional◆Consolidated

OperatingprofitRatio of operating
profit to net sales

Net sales

FY2024
Target¥7 billion

3.6%¥195 billion

FY2021Result¥4.8 billion

3.1%¥154.4 billion

Operating profit¥4.8 billion

Ratio ofoperatingprofit3.1%

supporting the future of manufacturing with “connection” and “trust”

Ratio ofoperatingprofit to net
sales
Operating profit 3.6%

¥7 billion

FY2021
Net sales

FY2024
Net sales target¥154.4 billion¥195 billion
Consolidated- 5 -III. Financial Highlights- 6 -Financial highlights
During the fiscal year under review, economic activities remained suppressed in Japan because ofintermittent issuance of various restrictions due to the spread of new COVID-19 variants, however there
were signs of recovery in both domestic and foreign demand due to the continued normalization from thepandemic and economic recovery continues. As for the global economy, in Europe and the United States,
the transition to living with COVID-19 is progressing, supply constraints are being resolved, and economic
recovery also continues. In China, where a strict zero-COVID-19 policy continues, the economy continued
to expand, supported by the government’s policy development.
In the industrial electronics and mechatronics industry, which our Group serves, there has been active
capital investment especially in the semiconductor-related industry and the industrial machinery industry.
In addition, due to factors such as advance orders made in consideration of production impacts caused byshortages in the supply of materials and components, demand remained generally high.
In this environment, the Company’s financial results for the current fiscal year exceeded those for the same
period of the prior year.
(Note) Figures are after the application of the “Accounting Standard for Revenue Recognition” and othersfrom the 74th fiscal year (FY2021).

Outlook for the Fiscal Year ending March 31, 2023
In our outlook for the next fiscal year, the economy is expected to continue to recover as normalizationfrom the pandemic progresses further with the spread of vaccines and therapeutic remedies for COVID-19.
However, the outlook regarding the economy is expected to remain uncertain due to factors such as the
emergence of new COVID-19 variants and restrictions on economic activities owing to countries’ policies
against the resurgence of infection, rising energy prices, and the impact of the situation in Ukraine.

Consolidated earnings forecasts for the fiscal year ending March 31, 2023
Net sales¥164,700 million(up 6.7% year on year)

Operating profit¥5,000 million(up 4.1% year on year)

Ordinary profit
Profit attributable to ownersof parent
Basic earnings per share¥5,200 million(up 0.1% year on year)¥3,600 million(up 0.6% year on year)

Notes:¥233.11

Earnings projections are based on information available to the Company as of May 9, 2022. Actual results may differ from the
projections presented here due to various factors.

- 7 -IV. Business Segment Information
The Electrical Machinery Department saw an increase insales of electrical products and control equipment for theindustrial machinery industry, electrical products for thesemiconductor-related industry, and electrical products forthe solar-related industry.

AC servo motors

Main Products
AC servo motors, linear motors and various other motors, inverters, machine controllers, machine vision systems, clean
room robots and vacuum chamber robots for semiconductor manufacturing devices, power conditioners, power substations
and other facility works, etc.

The Electronics Department saw an increase in sales ofelectronic components for the industrial machineryindustry, electronic components, electronic equipment andconnectors for the semiconductor-related industry, andelectronic components for the office automation equipmentrelated industry.

DiodesMain Products

Various electronic components and equipment including power supplies, connectors, semiconductors, sensors, miniaturefans, LEDs (Light Emitting Diodes), LCDs (Liquid Crystal Displays), touch panels, industrial PCs, CPU boards, memory
modules, etc.

The General Machinery Department saw an increase insales of conveying equipment for the semiconductor-relatedindustry and equipment for the household goods industry,
but a decrease in sales of carrier equipment for the FPD(Flat Panel Display)-related industry.

Mobile robot
Collaborative robot

Main Products
Semiconductor-related manufacturing equipment, industrial robots, clean room robots for conveying liquid crystal panels,
substrate-related devices, conveying devices for logistics, wind- and hydro-power equipment, air conditioners and kitchen
facilities, environmental protection equipment and devices, various inspection devices, medical equipment, etc.

- 8 -

V. Reportable Segment Information
Net sales ¥115,811 million (up ¥7,558 million YoY)
Operating profit ¥3,049 million (up ¥1,852 million YoY)
In Japan, there were increases in sales of electrical
products, control equipment and electronic components forthe industrial machinery industry, and electrical products,
connectors and conveying equipment for thesemiconductor-related industry. However, sales decreased
for conveying equipment for the FPD-related industry.

Net sales ¥52,216 million (up ¥16,724 million YoY)
Operating profit ¥1,924 million (up ¥1,007 million YoY)
In the Asia region, sales of electronic components for theindustrial machinery industry, electrical products andelectronic components for the semiconductor-relatedindustry, and electrical products for the solar-relatedindustry increased.

Net sales ¥6,214 million (up ¥1,502 million YoY)
Operating profit ¥(108) million (down ¥107 million
YoY)
In Europe and the United States, there were increases insales of electronic components for the industrial machineryindustry and equipment for the household goods industry.
However, soaring transportation costs significantly affected
performance, resulting in an operating loss.

Net sales ¥748 million (down ¥183 million YoY)
Operating profit ¥(16) million (down ¥32 million YoY)
* The “Other” segment includes businesses not included inreportable segments, including the operations of somedomestic subsidiaries.

Notes: 1. Each proportion of total net sales is based on sales to external customers.
2. Regional segment sales shown above include internal sales among segments as well as amounts transferred toother segments.

- 9 -VI. Sun-Wa Global Network
Japan
SUN-WA TECHNOS CORPORATION
Nagaoka Sales Office
Nagano Sales Office
Hokuriku Sales Office (Toyama-shi)Kanazawa Sales Office

Tokyo-Nishi Branch (Hachioji-shi)

Kyoto Branch

Kita-Kanto Branch (Saitama-shi)

Kansai Office

Tohoku Sales Office (Sendai-shi)

Osaka Branch

Head Office
Kanto Office

Himeji Sales Office
Hiroshima
Fukuoka Branch
Sales Office
Kumamoto Sales Office

Tokyo Service Center
Yokohama Branch

Nagasaki Sales OfficeNumazu Sales Office
Kyushu Service Center

Kofu Sales Office

Kitakyushu Sales Office
Shikoku Sales Office(Niihama-shi)

Oita Sales Office

SUN-WA TRINITY CORPORATION
SUN-WA LOGISTICS CO., LTD.

Nagoya Service Center
Hamamatsu Sales Office
Mikawa Branch (Kariya-shi)

Nagoya Office
Mie Sales Office (Yokkaichi-shi)

Europe
SUN-WA TECHNOS (EUROPE) GmbH
Frankfurt

United States / Mexico

Ljubljana

Greenville(South Carolina)

ChicagoQueretaro

Los Angeles

SUN-WA TECHNOS AMERICA, INC.
SUN-WA TECHNOS MEXICO S.A. DE C.V.

China / Hong Kong / Taiwan
Tianjin

ASEAN

DalianShenyangHanoi

SuzhouShenzhen
Guangzhou

Shanghai
Shanghai Mechatronics
CenterHangzhou
XiamenTaipeiTaichung
TainanHong Kong
Hong Kong Logistics Center

Bangkok
Ho Chi Minh
PenangManilaKuala Lumpur
Singapore

Jakarta
SUN-WA TECHNOS (SINGAPORE) PTE LTD.
SUN-WA TECHNOS (MALAYSIA) SDN. BHD.
SUN-WA TECHNOS ASIA (THAILAND) CO., LTD.
PT. SUNWA TECHNOS INDONESIA
SUN-WA TECHNOS (PHILIPPINES), INC.
SUN-WA TECHNOS (VIETNAM) CO., LTD.

SUN-WA TECHNOS (H.K.) CO., LTD.
SUN-WA TECHNOS (TAIWAN) CO., LTD.
SHANGHAI SUN-WA TECHNOS CO., LTD.
SUN-WA TECHNOS (SHENZHEN) CO., LTD.

- 10 -

VII. Consolidated Financial Statements(1) Consolidated Balance Sheets(Millions of yen)
As of March 31, 2021
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Notes and accounts receivable - trade, and contract
assetsElectronically recorded monetary claims - operating
MerchandiseWork in process
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation
Buildings and structures, net
Land
Leased assets
Accumulated depreciation
Leased assets, net
Other
Accumulated depreciation
Other, net
Total property, plant and equipment
Intangible assets
Other
Total intangible assets
Investments and other assets
Investment securities
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets- 11 -

As of March 31, 2022

13,11336,392

14,049––43,146

6,061
7,935
0
1,036
(109)
64,4308,851
12,006
0
4,310
(155)
82,209

1,745(1,193)
551
1,730
545
(377)
168
525
(385)
140
2,590

1,359
(949)
409
1,356
562
(345)
217
656
(409)
247
2,230

170
170

226
226

7,995
36
1,338
(179)
9,190
11,951
76,381

7,215
36
1,281
(122)
8,411
10,86893,078(Millions of yen)
As of March 31, 2021
Liabilities
Current liabilities
Notes and accounts payable - trade
Electronically recorded obligations - operating
Short-term borrowings
Current portion of long-term borrowings
Lease liabilities
Income taxes payable
Accrued expenses
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Lease liabilities
Deferred tax liabilities
Long-term accounts payable - other
Provision for retirement benefits for directors (andother officers)
Retirement benefit liability
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
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Total accumulated other comprehensive income
Total net assets
Total liabilities and net assets- 12 -

As of March 31, 2022

16,554
12,901
4,148
500
93
393
1,269
510
36,372

23,472
17,204
5,405
2,400
93
1,244
1,806
1,171
52,797

2,400
91
1,203
199

–
150
859
177

104

114

978
4,978
41,350955
2,257
55,054

3,727
3,548
23,827(300)
30,802

3,727
3,549
26,867(867)
33,277

4,235
(7)
4,228
35,03076,381

3,721
1,024
4,746
38,02393,078

(2) Consolidated Statements of Income andConsolidated Statements of Comprehensive Income(Consolidated Statements of Income)(Millions of yen)
Fiscal year ended
March 31, 2021
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Purchase discounts
Foreign exchange gains
Rental income from buildings
Other
Total non-operating income
Non-operating expenses
Interest expenses
Loss on sale of trade receivables
Foreign exchange losses
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Gain on sale of investment securities
Total extraordinary income
Extraordinary losses
Loss on sale of non-current assets
Impairment losses
Loss on valuation of membership
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitProfit attributable to owners of parent- 13 -

Fiscal year ended
March 31, 2022

134,769
120,545
14,224
12,071
2,152

154,414135,642
18,772
13,967
4,804

12
102
56
94
134
121
522

19
108
78
–
134
152
493

48
31
–
27
107
2,567

45
39
2
14
102
5,195

–
7
7

21
61
82

10
42
9
62
2,513
815
(88)
726
1,786
1,786

22
32
–
54
5,223
1,759
(113)
1,646
3,577
3,577

(Consolidated Statements of Comprehensive Income)(Millions of yen)
Fiscal year ended
March 31, 2021
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controllinginterests- 14 -

Fiscal year ended
March 31, 2022

1,786

3,577

2,156
(102)
2,054
3,840

(514)
1,032
517
4,095

3,840

4,095

–

–

(3) Consolidated Statements of Changes in Equity
Fiscal year ended March 31, 2021
(Millions of yen)
Shareholders’ equity
Share capital
Balance at beginning of period

3,727

Capital surplus

Retained earnings

3,548

22,577

Total shareholders’equityTreasury shares(300)

Cumulative effects ofchanges in accounting
policies
Restated balance

29,552
–

3,727

3,548

22,577(300)

29,552

Changes during period
Dividends of surplus

(536)

(536)

Profit attributable to ownersof parent

1,786

1,786

Purchase of treasury shares(0)

Restricted stock payment(0)–

Net changes in items otherthan shareholders’ equity
Total changes during period
Balance at end of period

–

–

1,249

(0)

1,249

3,727

3,548

23,827(300)

30,802

Accumulated other comprehensive income

Balance at beginning of period

Valuationdifference on
available-for-salesecurities

Foreign currencytranslation
adjustment

Total accumulated
othercomprehensive
income

2,079

95

2,174

Cumulative effects of changes
in accounting policies
Restated balance

Total net assets

31,726
–

2,079

95

2,174

31,726

Changes during period
Dividends of surplus(536)

Profit attributable to ownersof parent

1,786

Purchase of treasury shares(0)

Restricted stock payment–

Net changes in items otherthan shareholders’ equity

2,156

(102)

2,054

2,054

Total changes during period

2,156

(102)

2,054

3,303

Balance at end of period

4,235

(7)

4,228

35,030- 15 -

Fiscal year ended March 31, 2022
(Millions of yen)
Shareholders’ equity
Share capital
Balance at beginning of period

3,727

Capital surplus

Retained earnings

3,548

23,827

Cumulative effects ofchanges in accounting
policies
Restated balance

Treasury shares
(300)

(0)
3,727

3,548

23,827

Total shareholders’equity30,802(0)(300)

30,801

Changes during period
Dividends of surplus

(536)

(536)

Profit attributable to ownersof parent

3,577

3,577

Purchase of treasury shares
Restricted stock payment

1

(600)

(600)

33

35

Net changes in items otherthan shareholders’ equity
Total changes during period
Balance at end of period

–

1

3,040

(566)

2,475

3,727

3,549

26,867(867)

33,277

Accumulated other comprehensive income

Balance at beginning of period

Valuationdifference on
available-for-salesecurities

Foreign currencytranslation
adjustment

Total accumulated
othercomprehensive
income

4,235

(7)

4,228

Cumulative effects of changes
in accounting policies
Restated balance

Total net assets

35,030
(0)

4,235

(7)

4,228

35,030Changes during period
Dividends of surplus(536)

Profit attributable to ownersof parent

3,577

Purchase of treasury shares(600)

Restricted stock payment

35

Net changes in items otherthan shareholders’ equity

(514)

1,032

517

517

Total changes during period

(514)

1,032

517

2,993

Balance at end of period

3,721

1,024

4,746

38,023- 16 -

(4) Consolidated Statements of Cash Flows(Millions of yen)
Fiscal year ended
March 31, 2021
Cash flows from operating activities
Profit before income taxes
Depreciation
Impairment losses
Increase (decrease) in retirement benefit liability
Increase (decrease) in allowance for doubtful accounts
Interest and dividend income
Interest expenses
Foreign exchange losses (gains)
Loss (gain) on sale of investment securities
Loss (gain) on sale of property, plant and equipment
Decrease (increase) in trade receivables
Decrease (increase) in inventories
Decrease (increase) in other assets
Increase (decrease) in trade payables
Increase (decrease) in accrued consumption taxes
Increase (decrease) in other liabilities
Other, net
SubtotalInterest and dividends received
Interest paid
Income taxes paid
Net cash provided by (used in) operating activities
Cash flows from investing activities
Purchase of property, plant and equipment
Proceeds from sale of property, plant and equipment
Purchase of investment securities
Proceeds from sale of investment securities
Other, net
Net cash provided by (used in) investing activities
Cash flows from financing activities
Net increase (decrease) in short-term borrowings
Repayments of long-term borrowings
Repayments of lease liabilities
Purchase of treasury shares
Dividends paid
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash
equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period- 17 -

Fiscal year ended
March 31, 2022

2,513
326
42
57
(45)
(115)
48
(18)
(7)
10
(2,726)
2,019
(114)
512
(26)
(54)
42
2,462
115
(46)
(941)
1,589

5,223
306
32
(23)
(11)
(127)
45
27
(61)
0
(8,500)(3,711)(3,241)
10,431
(18)
1,212
82
1,667
127
(46)
(956)
792

(53)
2
(42)
17
(64)
(141)

(183)
482
(41)
140
(153)
244

339
–
(112)
(0)
(536)
(309)

1,158
(500)
(101)
(600)
(536)
(580)

(77)

478

1,061
11,568
12,629935
12,62913,565

VIII. Corporate Data
Company Information (as of March 31, 2022)
Trade name:
Established:
Business year:
Paid-in capital:
Number of employees:
Head office:Telephone:
Consolidated subsidiaries:

URL:

SUN-WA TECHNOS CORPORATION
November 4, 1949
From April 1 to March 31 of the following year
3,727 million yen
1,039 (consolidated)Tokyo Square Garden, 3-1-1, Kyobashi, Chuo-ku, Tokyo 1040031 JAPAN+81-3-5202-4011
SUN-WA TRINITY CORPORATION
SUN-WA LOGISTICS CO., LTD.
SUN-WA TECHNOS (SINGAPORE) PTE LTD.
SUN-WA TECHNOS (H.K.) CO., LTD.
SUN-WA TECHNOS (EUROPE) GmbH
SUN-WA TECHNOS AMERICA, INC.
SUN-WA TECHNOS (TAIWAN) CO., LTD.
SUN-WA TECHNOS (MALAYSIA) SDN. BHD.
SHANGHAI SUN-WA TECHNOS CO., LTD.
SUN-WA TECHNOS ASIA (THAILAND) CO., LTD.
SUN-WA TECHNOS (SHENZHEN) CO., LTD.
PT. SUNWA TECHNOS INDONESIA
SUN-WA TECHNOS (PHILIPPINES), INC.
SUN-WA TECHNOS MEXICO S.A. DE C.V.
SUN-WA TECHNOS (VIETNAM) CO., LTD.
https://www.sunwa.co.jp/

Officers (as of June 24, 2022)
Chairman, President and Representative Director
Representative Director andSenior Managing Executive Officer
Director and Managing Executive Officer
Director and Senior Executive Officer
Director and Executive Officer
External Director
External Director
Director(Full-time Member ofthe Audit and Supervisory Committee)
External Director(Member of the Audit and Supervisory Committee)
External Director(Member of the Audit and Supervisory Committee)
Senior Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer

Hiroyuki Tanaka
Akihiro Matsuo
Hideaki Uesaka
Takashi Hirano
Yoichi Echigo
Ichiro Kusanagi
Atsuko Sakamoto

Kazuya Hanayama
Yasuo Nakamura
Satoru Ueno
Kenji Takamatsu
Kazuhiko Miyazaki
Katsuya Tamaki
Katsuyuki Nishida
Takamichi Matoba
Koji Yusa- 18 -

Stock Information (as of March 31, 2022)
Stock exchange listing:

Listing date:
Total number of shares authorized:
Total number of shares issued:
Number of shareholders:Major shareholders:Tokyo Stock Exchange, 1st Section (as of March 31, 2022)
Tokyo Stock Exchange, Prime Market (as of June 24, 2022)(Code: 8137)
May 19, 1982
33,380,000 shares
16,044,000 shares
4,235

Number of shares held(Thousands)

Shareholder name
The Master Trust Bank of Japan, Ltd. (Trust Account)
Hikari Tsushin, Inc.
YASKAWA Electric Corporation
The Dai-ichi Life Insurance Company, Limited
Origin Co., Ltd.
Okuma Corporation
Custody Bank of Japan, Ltd. (Trust Account)
Masujiro Yamada
Resona Bank, Limited
MUFG Bank, Ltd.

1,522
1,179
797
729
498
435
425
397
395
395

Share-holding ratio(excluding treasury
shares)
(%)
9.85
7.63
5.16
4.72
3.22
2.82
2.75
2.57
2.55
2.55

Note: Numbers of shares held have been rounded down to the nearest 1,000 shares.

*

Annual Select is an English-language disclosure format developed by ZAIHON, INC. to increase the level of convenience of investors outside Japan based on Japanese-language
statutory disclosure material, timely disclosure material prescribed by securities exchanges and voluntarily disclosed IR material. Annual Select is a registered trademark of
ZAIHON, INC. Reproduction or copying without prior permission is prohibited.
* While every best effort has been made to provide a translation meeting the quality standards required of professionals, the Company does not guarantee it is 100% accurate.
Therefore, please verify the original Japanese text for any final judgments made based on this information.

- 19 -

Issuance
Issuance
Issuance
Issuance
Production
Printed byDate of issuance

:
:
:
:
:
:
:

SUN-WA TECHNOS CORPORATIONTokyo Square Garden, 3-1-1, Kyobashi, Chuo-ku, Tokyo 104-0031 JAPANTEL +81-3-5202-4011 FAX +81-3-5202-4054
URL https://www.sunwa.co.jp/
ZAIHON, INC.
SUN-WA TECHNOS CORPORATION
August 5, 2022

- 20 -