(Percentages represent year-on-yearchanges.)

Summary of Consolidated Financial Results for the First Six Months

of the Fiscal Year Ending March 31, 2022 (Japanese GAAP)

October 29, 2021

Listed Company Name: RION CO., LTD.

Listed Exchange: Tokyo Stock Exchange

Securities Code:

6823

URL:

https://www.rion.co.jp

Representative:

Kenichi Shimizu, President & CEO

Contact:

Koki Kato, Director and Head of Corporate Planning Division

Phone: +81-42-359-7099

Scheduled date of submission of quarterly securities report: November 12, 2021

Scheduled date of dividend payment:

December 1, 2021

Supplementary documents for quarterly financial results:

Yes

Quarterly financial results briefing:

Yes (for analysts)

(Figures less than one million yen are omitted)

1. Consolidated Financial Results for the First Six Months of the Fiscal Year Ending March 31, 2022 (April 1, 2021 - September 30, 2021)

(1) Consolidated operating results

Net sales

Operating profit

Ordinary profit

Profit attributable to

owners of parent

Million yen

%

Million yen

%

Million yen

%

Million yen

%

First six months of year

10,215

9.5

1,203

42.3

1,235

40.9

843

16.9

ending 3/22

First six months of year

9,328

-11.1

845

-39.6

876

-39.0

721

-27.8

ended 3/21

(Note) Comprehensive income (million yen)

First six months of year ending 3/22:

659

(-23.5%)

First six months of year ended 3/21:

862

(-23.0%)

Profit per share

Profit per share

(basic)

(diluted)

Yen

Yen

First six months of year

68.60

ending 3/22

First six months of year

58.72

ended 3/21

(2) Consolidated financial position

Total assets

Net assets

Equity ratio

Million yen

Million yen

%

As of 9/21

31,113

24,143

77.6

As of 3/21

30,683

23,726

77.3

Reference: Shareholders' equity (million yen)

As of 9/21: 24,143

As of 3/21: 23,726

2. Dividends

Dividend per share

End of

End of

End of

Year end

Annual

first quarter

second quarter

third quarter

Yen

Yen

Yen

Yen

Yen

Year ended 3/21

22.00

21.00

43.00

Year ending 3/22

22.00

Year ending 3/22 (forecast)

21.00

43.00

(Note) Revisions to most recently announced dividend forecast: Not applicable

3. Forecast for Consolidated Financial Results for the Fiscal Year Ending March 31, 2022

(April 1, 2021 - March 31, 2022)

(Percentages represent year-on-year changes.)

Net sales

Operating profit

Ordinary profit

Profit attributable to

Profit per share

owners of parent

Million yen

%

Million yen

%

Million yen

%

Million yen

%

Yen

Full year

22,000

7.5

2,500

12.6

2,550

11.0

1,700

3.8

138.32

(Note) Revisions to most recently announced forecast for consolidated financial results: Not applicable

* Notes

(1) Changes in consolidated subsidiaries during the period (changes in scope of consolidation):

Not applicable

New: ― (company name)

Exception: ― (company name)

  1. Application of accounting specific to the preparation of quarterly consolidated financial statements: Not applicable
  2. Changes in accounting policies, changes in accounting estimates and restatement

(i)

Changes in accounting policies due to amendment of accounting standards, etc.:

Applicable

(ii)

Changes in accounting policies other than (i):

Not applicable

(iii)

Changes in accounting estimates:

Not applicable

(iv)

Restatement:

Not applicable

  1. Number of outstanding shares (common shares)
    1. Number of shares outstanding at the end of period (including treasury shares):

As of 9/21:

12,309,100 shares

As of 3/21:

12,303,400 shares

  1. Number of treasury shares at the end of period:

As of 9/21:

17,293 shares

As of 3/21:

17,293 shares

(iii) Average number of shares during the period:

First six months of year ending 3/22: 12,288,007 shares

First six months of year ended 3/21: 12,280,107 shares

  • The summary of consolidated financial results is not subject to audits by certified public accountants or audit corporations.
  • Cautionary statement with respect to forward-looking statements

Forward-looking statements such as results forecasts included in this document are based on information available to the Company at the time of the announcement and on certain assumptions considered reasonable. Actual results may differ materially from forecasts depending on a range of factors.

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Rion Co. Ltd. published this content on 08 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 November 2021 06:17:18 UTC.