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 September 30, 2020[Japanese GAAP]
November 13, 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 & CEO
Contact:
Daisuke Sugahara
General Manager, Finance & Accounting Div.
Phone:+81-6-6447-5823
Scheduled date of filing quarterly securities report:
November 13, 2020－
Scheduled date of commencing dividend payments:
Availability of supplementary briefing material on quarterly financial results:
Yes
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 September 30, 2020 (January 1, 2020 to September 30, 2020)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Net sales

Operating incomeMillion yen%
Million yen%
Nine months ended
September 30, 2020
119,417
(4.2)
4,975
2.0
September 30, 2019124,612
4.4
4,876
26.5
(Note) Comprehensive income:Nine months ended September 30,2020: ¥Nine months ended September 30,2019: ¥Basic earnings
per share
Nine months ended
September 30, 2020
September 30, 2019

Net income attributableto owners of parent

Ordinary income
Million yen%

4,861
(13.1)
5,596
8.4(401)million[2,447million[Million yen%

2,961
3,495-%](2.6)%](15.3)(5.5)

Diluted earnings
per share
Yen

Yen

50.70
59.85

-(2) Consolidated Financial Position
Total assets
Million yen
As ofSeptember 30, 2020
144,407
December 31, 2019
148,292(Note) Equity: As of September 30, 2020:¥As of December 31, 2019:¥Net assets

Equity ratio

Net assets per share

Million yen%

Yen

79,087
81,43974,404million
76,696million

51.5
51.7

1,273.65
1,313.31

2. Dividends
Annual dividends
1stquarter-end

2ndquarter-end

3rdquarter-end

Yen

Yen

Yen

Yen

Yen

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

Year-endTotalNo

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 sales
Million yen%

Operating income Ordinary income

Net income
attributable toowners of parent

Million yen

Basic earnings
per share%

Million yen%

Million yen%

Yen

Full year
161,800 (3.3)
7,000 12.4(Note) Revision to the financial results forecast announced most recently:

6,700
No

(8.5)

4,200

2.1

71.91

* Notes:(1) Changes in significant subsidiaries during the nine months ended September 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):
September 30, 2020:
62,601,161shares
December 31, 2019:
62,601,161shares2) Total number of treasury shares at the end of the period:
September 30, 2020:
December 31, 2019:

4,182,573shares
4,202,237shares

3) Average number of shares during the period:
Nine months ended September 30, 2020:
Nine months ended September 30, 2019:58,411,009shares
58,399,103shares*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 a varietyof reasons.
*Supplementary information will be disclosed on TDnet on November 13, 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

As of September 30,2020

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade

10,12245,82813,23140,790

Merchandise and finished goods
Work in process

11,480
1,178

10,986
1,217

Raw materials and supplies
Other

9,024
1,943

9,796
1,546

Allowance for doubtful accounts

(513)

(524)

79,064

77,045

Buildings and structures, netMachinery, equipment and vehicles, net

17,43910,455

16,4339,685

Land
Leased assets, net

8,831
445

8,818
451

Construction in progress
Other, net

1,683
2,317

2,706
2,203

Total property, plant and equipment

41,17340,299738

454

Total current assets
Non-current assets
Property, plant and equipment

Intangible assets
Goodwill

344

206

1,083

661

25,311
2,193

24,833
2,170

Allowance for doubtful accounts

(533)

(602)

Total investments and other assets

26,97026,401

69,22767,361

148,292

144,407

Other
Total intangible assets
Investments and other assets
Investment securities
Other

Total non-current assets
Total assets

(Million yen)
As of December 31,2019

As of September 30,2020

Liabilities
Current liabilities
Notes and accounts payable - trade
Electronically recorded obligations - operating

17,632
13,00814,994
9,159

Short-term loans payable
Current portion of long-term loans payable

6,010
2,159

9,524
2,934

Accrued expenses
Income taxes payable

3,639
566

3,352
341

Provision for bonuses
Other527
2,771

1,039
2,300

Total current liabilities

46,31743,646

Long-term loans payable

8,059

9,860

Net defined benefit liability

4,769

4,864

Asset retirement obligations
Other

70
7,635

71
6,877

Total non-current liabilities

20,535

21,673

66,85265,319

Shareholders' equity
Capital stock

7,472

7,472

Capital surplus
Retained earnings

5,672
70,396

5,672
71,604

Treasury shares(4,047)(4,027)

Total shareholders' equity

79,49480,721

Valuation difference on available-for-sale securities
Deferred gains or losses on hedges

3,329
0

1,7250Foreign currency translation adjustment
Remeasurements of defined benefit plans(5,050)(1,078)(7,064)(977)

Total accumulated other comprehensive income(2,798)(6,316)

4,743

4,682

Non-current liabilities

Total liabilities
Net assets

Accumulated other comprehensive income

Non-controlling interests
Total net assets
Total liabilities and net assets

81,43979,087148,292

144,407

Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statements of Income (For the nine months)(Million yen)
For the nine months
ended September 30,2019
Net sales

For the nine months
ended September 30,2020Cost of sales

124,61297,911

119,417
93,414Gross profit

26,70026,002

Selling, general and administrative expenses

21,82321,027

Operating income

4,876

4,975

Non-operating income
Interest income

47

68

Dividend income

280

288

Equity in earnings of affiliates

660

50

336

336

1,324

743

Interest expenses

234

201

Foreign exchange losses

307
63596
59

Other
Total non-operating income
Non-operating expenses

Other
Total non-operating expenses

605

857

5,596

4,861

Gain on sales of investment securities

208-Total extraordinary income

208-

Impairment loss

190-

Loss on retirement of property, plant and equipment

39-

Loss on valuation of investment securities

23

Expense on restructuring of organization-139

Ordinary income
Extraordinary income

Extraordinary losses

Total extraordinary losses

232

142

Income before income taxes

5,571

4,718

Income taxes - current
Income taxes - deferred

1,706
(108)

1,621
(213)

Total income taxes

1,598

1,407

Net income

3,973

3,311

478

349

3,495

2,961

Net income attributable to non-controlling interests
Net income attributable to owners of parentQuarterly Consolidated Statements of Comprehensive Income (For the nine months)(Million yen)
For the nine months
ended September 30,2019
Net income

For the nine months
ended September 30,2020

3,973

3,311

Other comprehensive income
Valuation difference on available-for-sale securities

45(1,630)Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax(1,210)103(1,659)102

Share of other comprehensive income of affiliates
accounted for using equity method

(464)

(525)

(1,526)(3,712)

2,447

(401)

2,047(556)

399

154

Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests