ワキタ（8125） – Summary of Financial Results for the third quarter 2022

Consolidated Financial Results for the Nine-Month Period of the Fiscal Year ending February 28, 2022 (Japanese GAAP) January 7, 2022 Company Name: Wakita & Co., LTD. Code Number: 8125 (URL: https://www.wakita.co.jp/) Stock Exchange Listing: Tokyo Stock Exchange First Section Representative: Teiji Wakita, President and Representative Director Contact: Atsuhiko Nariyama, Executive Officer, General Manager of General Affairs Division Phone: 06-6449-1901 Scheduled date to submit the Quarterly Financial Report: January 14, 2022 Scheduled date to commence dividend payment: – Supplementary information for quarterly financial results: Available Organization of quarterly financial results briefing: None 1. Consolidated Financial Results for the Nine-Month Period of Fiscal 2022 (From March 1, 2021 to (Figures are rounded down to the nearest million yen) November 30, 2021) (1) Consolidated Results of Operations Net sales Operating profit Ordinary profit (Percentage figures indicate changes from the same period of the previous year) % Millions of yen % Millions of yen % Profit attributable to owners of parent 4,398 2.4 2,480 (3.3) 4,295 (5.0) 2,565 (7.2) 4.2 (1.4) (8.1) (7.0) 4,102 4,276 56,596 55,815 Millions of yen % Millions of yen Nine-month period of fiscal 2021: ¥2,894 million [0.6%] Nine-Month Period of Fiscal 2022 Nine-Month Period of Fiscal 2021 (Note) Comprehensive income: Nine-month period of fiscal 2022: ¥2,646 million [(8.6)%] Nine-Month Period of Fiscal 2022 Nine-Month Period of Fiscal 2021 (2) Consolidated Financial Position Total assets Profit per share Net assets 47.77 49.40 Yen Millions of yen Millions of yen 141,852 Nine-Month Period of Fiscal 2022 Fiscal 2021 (Reference) Equity: Nine-month period of fiscal 2022: ¥97,151 million Fiscal 2021: ¥96,632 million 2. Dividends 137,477 Cash dividends per share Fully diluted profit per share Yen – – Equity ratio % 68.5 70.3 97,844 97,150 End of 1Q End of 2Q End of 3Q Year-end Total Fiscal 2021 Fiscal 2022 Yen – – Yen 0.00 0.00 Yen – – Fiscal 2022 (Forecast) (Note) Revision to the dividend forecast from recently announced figures: None Yen 30.00 33.00 Yen 30.00 33.00 1 3. Forecast of Consolidated Financial Results for Fiscal 2022 (From March 1, 2021 to February 28, 2022) Net sales Operating profit Ordinary profit (Percentage figures indicate changes from the previous year) Profit attributable to owners of parent Profit per share Millions of yen 5,700 Millions of yen 75,200 % 1.6 Full year (Note) Revision to the financial forecast from recently announced figures: None * Notes (1) Significant changes of subsidiaries during the period under review (affecting specific subsidiaries due to Millions of yen 5,800 Millions of yen 3,500 % 5.1 % 2.4 % 9.7 Yen 67.40 changes in scope of consolidation): None Companies added to the scope: None Companies removed from the scope: None (2) Adoption of special accounting treatment for preparing quarterly consolidated financial statements: Not applicable (3) Changes in accounting policies, changes in accounting estimates and restatements 1) Changes in accounting policies due to the revision of accounting standards, etc.: Not applicable 2) Any changes in accounting policies other than 1) above: Not applicable 3) Changes in accounting estimates: Not applicable 4) Restatements: Not applicable (4) Number of shares issued (common shares) 1) Number of shares issued at the end of period (including treasury shares): Nine-month period of fiscal 2022: 52,021,297 shares Fiscal 2021: 52,021,297 shares 2) Number of treasury shares at the end of period: Nine-month period of fiscal 2022: 134,696 shares Fiscal 2021: 87,176 shares 3) Average number of shares during the period: Nine-month period of fiscal 2022: 51,928,089 shares Nine-month period of fiscal 2021: 51,934,362 shares *These Consolidated Financial Results are not subject to quarterly review by certified public accountants or an auditing firm. * Explanation for the appropriate use of performance forecasts and other special notes: The performance forecasts and other descriptions on future events presented in this material are based on information that was available at the time of preparation of this material and based on certain assumptions considered to be reasonable, and not intended to guarantee their achievement. The actual performance, etc. may differ materially from these forecasts due to various factors. 2 Quarterly Consolidated Financial Statements (1) Quarterly Consolidated Balance Sheets (Millions of yen) As of February 28, 2021 As of November 30, 2021 Notes and accounts receivable – trade Assets Current assets Cash and deposits Securities Merchandise Supplies Other Allowance for doubtful accounts Total current assets Non-current assets Property, plant and equipment Total property, plant and equipment Assets for rent, net Real estate for rent, net Land Other, net Intangible assets Goodwill Other Total intangible assets Investments and other assets Investment securities Retirement benefit asset Other Allowance for doubtful accounts Total investments and other assets Total non-current assets Total assets 21,124 24,958 5,373 2,880 114 404 (102) 54,754 9,773 43,141 8,281 6,026 67,222 8,030 358 8,388 4,703 620 2,191 (403) 7,111 82,722 137,477 22,883 24,340 6,466 2,818 96 402 (100) 56,907 11,440 44,569 8,416 6,320 70,747 7,319 579 7,898 3,925 620 2,203 (451) 6,297 84,944 141,852 3 Liabilities Current liabilities Notes and accounts payable – trade Short-term borrowings Current portion of long-term borrowings Income taxes payable Provision for bonuses Other Total current liabilities Non-current liabilities Long-term borrowings Provision for share based compensation expenses for directors Provision for retirement benefits for directors (and other officers) Retirement benefit liability 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 Revaluation reserve for land Remeasurements of defined benefit plans Total accumulated other comprehensive income Non-controlling interests Total net assets Total liabilities and net assets (Millions of yen) As of February 28, 2021 As of November 30, 2021 14,771 1,540 3 1,309 350 7,236 25,210 3 74 15 213 14,809 15,116 40,327 13,821 16,627 67,064 (107) 97,406 1,251 (16) (2,144) 135 (773) 517 97,150 137,477 18,284 1,163 77 809 246 7,323 27,906 173 79 17 248 15,581 16,101 44,007 13,821 16,627 67,581 (154) 97,876 1,222 74 (2,144) 122 (724) 692 97,844 141,852 4 (2) Quarterly Consolidated Statements of Income and Comprehensive Income Quarterly Consolidated Statements of Income (Nine-Month Period of Consolidated Fiscal Year) Nine-Month Period of Fiscal 2021 (From March 1, 2020 to November 30, 2020) (Millions of yen) Nine-Month Period of Fiscal 2022 (From March 1, 2021 to November 30, 2021) 276 239 56,596 42,752 170 258 13,932 9,830 4,102 16 70 36 3 43 62 44 ― 75 8 83 25 ― 25 0 10 ― 10 4,295 4,309 1,825 (166) 1,658 2,651 85 2,565 55,815 41,166 63 200 14,785 10,509 4,276 10 93 35 31 22 ― 45 24 76 16 7 28 35 0 4 117 4,398 144 148 4,284 1,893 (185) 1,708 2,576 95 2,480 Net sales Cost of sales Gross profit Provision of unrealized income on installment sales Reversal of unrealized income on installment sales Selling, general and administrative expenses Operating profit Non-operating income Interest income Purchase discounts Foreign exchange gains Dividend income Gain on investments in investment partnerships Subsidy income Other Total non-operating income Non-operating expenses Loss on cancellation of insurance policies Interest expenses Other Total non-operating expenses Ordinary profit Extraordinary income Gain on sales of non-current assets Gain on sales of investment securities Total extraordinary income Extraordinary losses Loss on sales of non-current assets Loss on retirement of non-current assets Impairment loss Total extraordinary losses Profit before income taxes Income taxes – current Income taxes – deferred Total income taxes Profit Profit attributable to non-controlling interests Profit attributable to owners of parent 5 Quarterly Consolidated Statements of Comprehensive Income Nine-Month Period of Fiscal 2021 (From March 1, 2020 to November 30, 2020) (Millions of yen) Nine-Month Period of Fiscal 2022 (From March 1, 2021 to November 30, 2021) Profit Other comprehensive income Valuation difference on available-for-sale securities Deferred gains or losses on hedges Remeasurements of defined benefit plans, net of tax Total other comprehensive income Comprehensive income Comprehensive income attributable to Comprehensive income attributable to owners of parent Comprehensive income attributable to non-controlling interests 2,651 254 (1) (9) 243 2,894 2,809 85 2,576 (30) 113 (12) 70 2,646 2,529 117 6