(Percentages represent year-on-yearchanges.)

Summary of Consolidated Financial Results for the First Nine Months

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

January 28, 2022

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: February 10, 2022

Scheduled date of dividend payment:

Supplementary documents for quarterly financial results:

None

Quarterly financial results briefing:

None

(Figures less than one million yen are omitted)

1. Consolidated Financial Results for the First Nine Months of the Fiscal Year Ending March 31, 2022 (April 1, 2021 - December 31, 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 nine months of year

16,123

9.4

2,172

43.9

2,233

44.8

1,537

30.2

ending 3/22

First nine months of year

14,739

-5.0

1,510

-17.1

1,542

-18.1

1,180

-10.3

ended 3/21

(Note) Comprehensive income (million yen)

First nine months of year ending 3/22:

1,355

(-4.5%)

First nine months of year ended 3/21:

1,420

(-3.0%)

Profit per share

Profit per share

(basic)

(diluted)

Yen

Yen

First nine months of year

125.07

ending 3/22

First nine months of year

96.09

ended 3/21

(2) Consolidated financial position

Total assets

Net assets

Equity ratio

Million yen

Million yen

%

As of 12/21

31,520

24,569

77.9

As of 3/21

30,683

23,726

77.3

Reference: Shareholders' equity (million yen)

As of 12/21: 24,569

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)

23.00

45.00

(Note) Revisions to most recently announced dividend forecast: Yes

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 12/21:

12,309,100 shares

As of 3/21:

12,303,400 shares

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

As of 12/21:

17,293 shares

As of 3/21:

17,293 shares

(iii) Average number of shares during the period:

First nine months of year ending 3/22:

12,289,273 shares

First nine months of year ended 3/21:

12,282,107 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 04 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 February 2022 06:25:08 UTC.