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, 2021[Japanese GAAP]

November 12, 2021
Company name:
SAKATA INX CORPORATION
Stock exchange listing: Tokyo
Code number:
4633
URL:
http://www.inx.co.jp/
Representative:
Yoshiaki Ueno
Representative Director, President & CEOContact:
Daisuke Sugahara
General Manager, Finance & Accounting Div.
Phone:+81-6-6447-5823
Scheduled date of filing quarterly securities report:
November 12, 2021－
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, 2021 (January 1, 2021 to September 30,2021)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Net salesOperating income

Nine months ended
Million yen%
Million yen%
September 30, 2021
133,637
11.9
6,256
25.8
September 30, 2020
119,417(4.2)
4,975
2.0(Note) Comprehensive income: Nine months ended September 30,2021:
Nine months ended September 30,2020:
Basic earnings
per share
Nine months ended
September 30, 2021
September 30, 2020

Net income attributableto owners of parent

Ordinary income
Million yen%

Million yen

7,131
46.7
4,861
(13.1)¥9,996million¥(401)million

%

4,790
2,961

[[61.7(15.3)-%]-%]

Diluted earnings
per share
Yen

Yen

81.98
50.70

-(2) Consolidated Financial Position
Total assets
As ofMillion yen
September 30, 2021
157,673
December 31, 2020
145,272(Note) Equity: As of September 30, 2021:¥
As of December 31, 2020:¥Net assets

Equity ratio

Million yen%

89,631
81,421
83,973million
76,360million

53.3
52.6

2. Dividends
Annual dividends
1st
2nd
3rd
quarter-end quarter-end quarter-end
Yen

Yen

Yen

Fiscal year ended December 31, 2020
15.00
Fiscal year ending December 31, 2021
15.00
Fiscal year ending December 31, 2021(Forecast)(Note) Revision to the forecast for dividends announced most recently: No-Year-end
Yen

TotalYen

15.00

30.00

15.00

30.00

3. Consolidated Financial Results Forecast for the Fiscal Year Ending December 31, 2021(January 1, 2021 to December
31, 2021)(% indicates changes from the previous corresponding period.)
Operating income Ordinary income

Net income
Basic earnings
attributable toper shareowners of parent

Million yen%

Million yen%

Yen

Full year
181,000 12.1
7,500
4.0
8,600 10.4(Note) Revision to the financial results forecast announced most recently: Yes

6,000

13.7

102.69Net sales
Million yen%%

Million yen* Notes:(1) Changes in significant subsidiaries during the nine months ended September 30, 2021
(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, 2021:
62,601,161shares
December 31, 2020:
62,601,161shares2) Total number of treasury shares at the end of the period:
September 30, 2021:
4,164,358shares
December 31, 2020:
4,182,625shares
3) Average number of shares during the period:
Nine months ended September 30, 2021:
Nine months ended September 30, 2020:

58,429,471shares
58,411,009shares*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 reasonableassumption to the Company, and we don't commit to achieve these forecasting numbers. Actual results may differ fromthese forecasts by a variety of reasons.
*Supplementary information will be disclosed on TDnet on November 12, 2021 and will be uploaded on the Company'swebsite.

Quarterly Consolidated Financial Statements
Quarterly Consolidated Balance Sheets(Million yen)
As of December 31,2020

As of September 30,2021

12,42743,083

11,482
46,589Merchandise and finished goods
Work in process

10,462
1,119

10,817
1,260

Raw materials and supplies

9,602

13,940

Other

1,542

2,495

Allowance for doubtful accounts

(596)

(539)

77,64086,046

Buildings and structures, net
Machinery, equipment and vehicles, net

16,134
9,282

17,3959,615

Land
Leased assets, netConstruction in progress
Other, net

8,847
414
3,514
2,144

9,274
345
4,953
2,288

Total property, plant and equipment

40,33843,872

Goodwill

501

473

Other206

563

Total intangible assets

707

1,037

25,176
1,824

25,137
2,042

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade

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

Intangible assets

Investments and other assets
Investment securities
Other
Allowance for doubtful accounts

(414)

(463)

Total investments and other assets

26,586

26,716

Total non-current assets
Total assets

67,632

71,626145,272

157,673

(Million yen)
As of December 31,2020

As of September 30,2021

Notes and accounts payable - trade
Electronically recorded obligations - operating
Short-term loans payable

16,376
11,3094,533

19,69010,874
3,889

Current portion of long-term loans payable
Accrued expenses

2,771
3,563

4,504
3,843

Income taxes payable
Provision for bonuses
Other614
555
2,590

746
1,039
2,873

Total current liabilities

42,31547,461

Bonds payable
Long-term loans payable9,754

1,000
6,990

Net defined benefit liability

4,940

4,973

Liabilities
Current liabilities

Non-current liabilities

Asset retirement obligations

7172

Other

6,768

7,543

Total non-current liabilities

21,535

20,58063,85068,041

7,472
5,672
73,918

7,472
5,675
76,823

Total liabilities
Net assets
Shareholders' equity
Capital stock
Capital surplus
Retained earnings
Treasury shares(4,027)(4,010)Total shareholders' equity

83,03585,961

Valuation difference on available-for-sale securities

1,652

2,367

Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans(0)(7,281)(1,045)(2)(3,440)(912)

Total accumulated other comprehensive income(6,674)(1,987)

5,060

5,658

Accumulated other comprehensive income

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

81,421

89,631

145,272

157,673

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 30,2020

For the nine months
ended September 30,2021

Net sales

119,417

133,637

Cost of sales

93,414105,100

Gross profit

26,00228,537

Selling, general and administrative expenses

21,02722,280Operating income

4,975

6,256

Interest income
Dividend income

68
288

53278

Real estate rent

142

136

Equity in earnings of affiliates

50708

Other

193

203

Total non-operating income

743

1,379

201
596

171
234

Non-operating income

Non-operating expenses
Interest expenses
Foreign exchange losses
Other

59

99

Total non-operating expenses

857

505

4,861

7,131

Gain on sales of investment securities-75

Total extraordinary income

-75

322-

139

-

Ordinary income
Extraordinary income

Extraordinary losses
Loss on sales of property, plant and equipment
Loss on valuation of investment securities
Expense on restructuring of organization
Total extraordinary losses

142

22

Income before income taxes

4,718

7,184

Income taxes - current

1,621

1,884

Income taxes - deferred

(213)

(2)

Total income taxes

1,407

1,881

Net income

3,311

5,303

Net income attributable to non-controlling interests
Net income attributable to owners of parent349

512

2,9614,790

Quarterly Consolidated Statements of Comprehensive Income (For the nine months)(Million yen)
For the nine months
ended September 30,2020

For the nine months
ended September 30,2021

Net income

3,311

5,303

Other comprehensive income
Valuation difference on available-for-sale securities(1,630)628(1,659)

(2)
2,935

102

131

(525)

999

(3,712)

4,692

(401)

9,996

Comprehensive income attributable to owners of parent(556)9,247Comprehensive income attributable to non-controllinginterests

154748Deferred 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 to