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 Six Months Ended June 30, 2020[Japanese GAAP]
August 7, 2020
Company name:
SAKATA INX CORPORATION
Stock exchange listing: Tokyo
Code number:
4633
URL:
http://www.inx.co.jp/
Representative:
Kotaro Morita
Representative Director, President & CEOContact:
Daisuke Sugahara
General Manager, Finance & Accounting Div.
Phone:+81-6-6447-5823
Scheduled date of filing quarterly securities report:
August 7, 2020
Scheduled date of commencing dividend payments:
September 4, 2020
Availability of supplementary briefing material on quarterly financial results:
Yes
Schedule of quarterly financial results briefing session:
Yes(Amounts of less than one million yen are rounded down)
1. Consolidated Financial Results for the Six Months Ended June 30, 2020 (January 1, 2020 to June 30, 2020)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Net income attributableNet sales
Operating income
Ordinary income
to owners of parent
Million yen%
Million yen%
Million yen%
Million yen%Six months ended
June 30, 2020
79,472
(4.4)
3,181
4.3
2,583(30.5)
1,497(37.2)
June 30, 201983,167
5.4
3,051
13.9
3,718
5.0
2,386
(8.5)
(Note) Comprehensive income:Six months ended June 30, 2020:¥(1,370) million [-%]
Six months ended June 30, 2019:¥
1,310 million [-%]
Basic earnings
per share
Six months ended
June 30, 2020
June 30, 2019

Diluted earnings
per share
YenYen25.65
40.86-(2) Consolidated Financial Position
Total assets
Million yen
As ofJune 30, 2020
146,710December 31, 2019
148,292(Note) Equity:
As of June 30, 2020:¥
As of December 31, 2019: ¥2. Dividends

Net assets

Equity ratio

Net assets per share

Million yen%

Yen

79,04281,43974,383 million
76,696 million

50.7
51.7

1,273.28
1,313.31

1stquarter-end

2ndquarter-end

Annual dividends
3rdYear-endquarter-end

TotalYen

Yen

YenYenYen

Fiscal year ended December 31, 2019
Fiscal year ending December 31, 2020
Fiscal year ending December 31, 2020(Forecast)(Note) Revision to the forecast for dividends announced most recently:

15.00
15.00

-15.00

30.00

-

15.00

30.00

No

3. Consolidated Financial Results Forecast for the Fiscal Year Ending December 31, 2020(January 1, 2020 to December 31, 2020)(% indicates changes from the previous corresponding period.)
Net income
Basic earnings
Net sales
Operating income Ordinary income
attributable toper shareowners of parent
Million yen% Million yen% Million yen

Full year
161,800
(3.3)
7,000
12.4
6,700(Note) Revision to the financial results forecast announced most recently:
Yes% Million yen(8.5)

4,200%

Yen

2.1

71.91

* Notes:(1) Changes in significant subsidiaries during the six months ended June 30, 2020(changes in specified subsidiaries resulting in changes in scope of consolidation):No(2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements:

No(3) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards:
2) Changes in accounting policies other than 1) above:3) Changes in accounting estimates:
4) Retrospective restatement:

NoNoNoNo(4) Total number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury shares):
June 30, 2020:
62,601,161 shares
December 31, 2019:
62,601,161 shares2) Total number of treasury shares at the end of the period:
June 30, 2020:
December 31, 2019:

4,181,969 shares
4,202,237 shares

3) Average number of shares during the period:
Six months ended June 30, 2020:Six months ended June 30, 2019:58,407,601 shares
58,399,137 shares*This consolidated financial results are not subject to quarterly review procedures by Certified Public Accountants or audit firm.
*Explanation of appropriate use of financial forecasts and other special notes
The above financial forecasts are based on the current available information in the Company and certain reasonable assumption
to the Company, and we don't commit to achieve these forecasting numbers. Actual results may differ from these forecasts by avariety of reasons.
*Supplementary information will be disclosed on TDnet on August 7, 2020 and will be uploaded on the Company's website.

Quarterly Consolidated Financial Statements
Quarterly Consolidated Balance Sheets(Million yen)
As of December 31,2019
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
Leased assets, net
Construction in progress
Other, net
Total property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Investment securities
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

As of June 30,2020

10,12245,828
11,480
1,178
9,024
1,943
(513)
79,064

12,966
41,623
11,3801,223
10,792
1,807(541)
79,25017,43910,455
8,831
445
1,683
2,317
41,173

16,726
9,927
8,812
402
1,984
2,225
40,078

738
344
1,083

499
234
733

25,311
2,193(533)
26,97069,227148,292

25,0912,161(604)
26,64867,460146,710(Million yen)
As of December 31,2019Liabilities
Current liabilities
Notes and accounts payable - trade
Electronically recorded obligations - operating
Short-term borrowings
Current portion of long-term borrowings
Accrued expenses
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
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets

As of June 30,2020

17,632
13,008
6,010
2,159
3,639
566
527
2,771
46,317

16,34910,295
9,409
3,021
3,122
645
529
2,608
45,981

8,059
4,769
70
7,635
20,53566,852

9,881
4,867
70
6,867
21,686
67,668

7,472
5,672
70,396(4,047)79,494

7,472
5,672
71,016(4,027)80,1343,329
0(5,050)(1,078)(2,798)
4,743
81,439148,292

1,903
2(6,634)(1,021)(5,750)4,658
79,042
146,710

Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statements of Income (For the six months)(Million yen)
For the six months
ended June 30,2019
Net sales
Cost of sales
Gross profit
Selling, general and administrative expensesOperating income
Non-operating income
Interest income
Dividend income
Real estate rent
Equity in earnings of affiliates
Other
Total non-operating income
Non-operating expenses
Interest expenses
Equity in losses of affiliates
Foreign exchange losses
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sales of investment securities
Total extraordinary income
Extraordinary losses
Impairment loss
Loss on valuation of investment securities
Expense on restructuring of organization
Total extraordinary losses
Income before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
Net income
Net income attributable to non-controlling interests
Net income attributable to owners of parent

For the six months
ended June 30,2020

83,16765,545
17,621
14,5693,051

79,472
62,037
17,434
14,252
3,181

30
169
97
449
136
882

45
174
95
115
431

157
58
215
3,718

130
249
616
33
1,029
2,583

208
208

-190
2
192
3,733
1,021
10
1,032
2,701
315
2,386

3
58
61
2,522
936
(109)
827
1,695
197
1,497

Quarterly Consolidated Statements of Comprehensive Income (For the six months)(Million yen)
For the six months
ended June 30,2019
Net income
Other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax
Share of other comprehensive income of affiliates
accounted for using equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests

For the six months
ended June 30,2020

2,701

1,695(289)(865)70(1,411)(0)(1,321)60(306)(393)(1,391)
1,310(3,066)(1,370)1,052
257(1,453)82

Quarterly Consolidated Statements of Cash Flows(Million yen)
For the six months
ended June 30,2019
Cash flows from operating activities
Income before income taxes
Depreciation and amortization
Impairment loss
Amortization of goodwill
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in net defined benefit liability
Increase (decrease) in provision for bonuses
Interest and dividend income
Interest expenses
Equity in (earnings) losses of affiliates
Loss (gain) on sales of investment securities
Loss (gain) on valuation of investment securities
Expense on restructuring of organization
Decrease (increase) in notes and accounts receivable - trade
Decrease (increase) in inventories
Increase (decrease) in notes and accounts payable - trade
including electronically recorded obigations - operating
Other, net
SubtotalInterest and dividend income received
Interest expences 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 sales of property, plant and equipment
Purchase of investment securities
Proceeds from sales of investment securities
Payments of loans receivableCollection of loans receivable
Other, net
Net cash provided by (used in) investing activities
Cash flows from financing activities
Net increase (decrease) in short-term loans payable
Proceeds from long-term loans payable
Repayments of long-term loans payable
Cash dividends paid
Dividends paid to non-controlling interests
Other, net
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
Increase (decrease) in cash and cash equivalents resulting fromchange of scope of consolidation
Cash and cash equivalents at end of period

For the six months
ended June 30,2020

3,733
2,154
190
56
1256
3(199)
157
(449)
(208)
2
175
(648)

2,522
2,204
42
116
133
2(220)
130
249
358
3,694
(2,066)(1,529)(3,715)

(38)
3,467
356
(161)
(606)
3,056

(0)
3,154
384
(137)
(777)
2,623(2,830)
7(118)
467
(25)
23
158
(2,317)(1,668)0(2,580)
(20)
25
(43)
(4,286)(1,741)
2,096
(869)
(875)
(10)
(153)
(1,553)46(767)
6,788

3,507
4,040
(1,317)
(875)
(167)
(122)
5,064
(499)
2,901
9,361

1,426

-

7,447

12,263