Ｃ＆Ｒ（4763） – [Delayed]Summary of Consolidated Financial Results for the Nine Months Ended November 30, 2021 (Based on Japanese GAAP)

Translation Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail. Summary of Consolidated Financial Results for the Nine Months Ended November 30, 2021 (Based on Japanese GAAP) Company name: Stock exchange listing: Tokyo CREEK & RIVER Co., Ltd. Stock code: Representative: 4763 President and Representative Director URL https://www.cri.co.jp/ Inquiries: Scheduled date to file Quarterly Securities Report: Director Yukihiro Ikawa Jun Kurosaki January 13, 2022 Scheduled date to commence dividend payments: Preparation of supplementary material on quarterly financial results: Yes – January 6, 2022TEL 03-4550-0011 Holding of quarterly financial results meeting: 1. Consolidated financial results for the nine months ended November 30, 2021 (from March 1, 2021 to November 30, 2021) (for institutional investors and analysts) Yes (Amounts less than one million yen are rounded down)(1) Consolidated operating results (cumulative) Net sales Operating profit Percentages indicate year-on-year changesProfit attributable to owners of parent Ordinary profit Nine months ended November 30, 2021 Nine months ended November 30, 2020 Millions of yen 31,276 27,557 % Millions of yen 3,011 1,909 13.5 12.3 % Millions of yen 3,017 1,938 57.7 15.3 % Millions of yen 1,978 1,263 55.7 16.7 % 56.6 22.9 Nine months ended November 30, 2021 Nine months ended November 30, 2020 (2) Consolidated financial position As of November 30, 2021 As of February 28, 2021 2. Cash dividends Earnings per share Diluted earnings per share Yen 88.76 57.05 Yen 88.32 57.00 Total assets Net assets Equity ratio Millions of yen 19,519 18,087 Millions of yen 11,951 10,318 % 60.3 56.2 1st quarter-end 2nd quarter-end 3rd quarter-end Fiscal year-end Total Annual dividends per share Year ended February 28, 2021 Year ending February 28, 2022 Year ending February 28, 2022 (Forecast) Yen – – Yen 0.00 0.00 Yen – – Yen 16.00 18.00 Yen 16.00 18.00 3. Forecast of consolidated financial results for the year ending February 28, 2022 (from March 1, 2021 to February 28, 2022) Percentages indicate year-on-year changesProfit attributable to owners of parent Earnings per share Net sales Operating profit Ordinary profit Full year Millions of yen 41,300 % Millions of yen 3,200 10.7 % Millions of yen 3,200 30.7 % Millions of yen 1,950 28.7 % 18.4 Yen 87.48 14. Notes (1) Changes in significant subsidiaries during the nine months ended November 30, 2021 (changes in specified subsidiaries resulting in the change in scope of consolidation): (2) Application of special accounting methods for preparing quarterly consolidated financial statements: Yes (3) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements Changes in accounting policies due to revisions to accounting standards and other regulations: Changes in accounting policies due to other reasons: Changes in accounting estimates: Restatement of prior period financial statements: (4) Number of issued shares (common shares) Total number of issued shares at the end of the period (including treasury shares) No No No No No As of November 30, 2021 23,009,000 shares As of February 28, 2021 23,009,000 shares Number of treasury shares at the end of the period As of November 30, 2021 717,700 shares As of February 28, 2021 717,667 shares Average number of shares during the period (cumulative from the beginning of the fiscal year) Nine months ended November 30, 2021 22,291,300 shares Nine months ended November 30, 2020 22,153,391 shares 2Quarterly consolidated financial statements Consolidated balance sheets As of February 28, 2021 As of November 30, 2021 (Thousands of yen) Assets Current assets Cash and deposits Notes and accounts receivable – trade Merchandise Finished goods Work in process Supplies Other Allowance for doubtful accounts Total current assets Non-current assets Property, plant and equipment Intangible assets Goodwill Software Other Total intangible assets Investments and other assets Investment securities Investments in capital Leasehold and guarantee deposits Deferred tax assets Other Allowance for doubtful accounts Total investments and other assets Total non-current assets Total assets Liabilities Current liabilities Trade accounts payable Accrued expenses Short-term borrowings Current portion of long-term borrowings Income taxes payable Accrued consumption taxes Provision for bonuses Guarantee implementation reserve Other Total current liabilities Non-current liabilities Long-term borrowings Retirement benefit liability Provision for Shares benefits Other Total non-current liabilities Total liabilities 314,124,550 15,318,005 8,315,320 5,043,213 5,255 332 184,548 1,631 614,336 (40,088) 691,664 159,301 427,845 43,502 630,648 742,370 510 898,765 422,580 581,981 (5,944) 2,640,263 3,962,576 18,087,126 2,230,143 808,127 1,008,230 195,140 382,724 724,322 340,753 19,045 927,656 6,636,145 711,518 247,555 169,761 3,512 1,132,347 7,768,493 9,482,951 5,139,952 24,659 16,521 183,602 1,725 509,765 (41,173) 661,112 171,103 401,331 113,552 685,988 843,741 333,510 888,275 312,597 576,046 (99,324) 2,854,846 4,201,947 19,519,952 2,292,951 975,092 850,348 117,140 535,356 615,637 322,015 20,765 740,273 6,469,580 682,385 85,829 217,686 112,906 1,098,806 7,568,387 As of February 28, 2021 As of November 30, 2021 (Thousands of yen) 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 Foreign currency translation adjustment Total accumulated other comprehensive income Share acquisition rights Non-controlling interests Total net assets Total liabilities and net assets 1,177,194 2,250,451 7,136,504 (476,011) 10,088,139 87,245 (13,423) 73,822 5,750 150,921 10,318,633 18,087,126 1,177,194 2,250,451 8,763,159 (476,070) 11,714,735 67,327 (3,050) 64,276 800 171,752 11,951,564 19,519,952 4Consolidated statements of income (cumulative) and consolidated statements of comprehensive income (cumulative) Consolidated statements of income (cumulative) Nine months ended November 30, 2020 Nine months ended November 30, 2021 (Thousands of yen) 27,557,812 17,555,611 10,002,201 8,092,447 1,909,754 3,078 4,101 401 13,339 5,800 7,022 2,272 36,016 3,957 1,568 – – – 1,509 704 7,740 – – – – – – – 31,276,687 19,455,537 11,821,149 8,809,536 3,011,612 3,822 4,131 821 10,110 – 7,304 4,288 30,479 4,096 700 5,031 2,059 10,293 1,017 1,071 24,270 581 15,038 1,000 5,750 552 17,913 40,836 1,938,030 3,017,821 Selling, general and administrative expenses Net sales Cost of sales Gross profit Operating profit Non-operating income Interest income Dividend income Surrender value of insurance policies Subsidy income Share of profit of entities accounted for using equity method Miscellaneous income Other Total non-operating income Non-operating expenses Interest expenses Foreign exchange losses Loss on cancellation of insurance policies Provision of allowance for doubtful accounts Share of loss of entities accounted for using equity method Miscellaneous loss Other Total non-operating expenses Ordinary profit Extraordinary income Gain on sales of non-current assets Gain on sales of investment securities Gain on sales of shares of subsidiaries Gain on reversal of share acquisition rights Gain on bargain purchase Gain on termination of retirement benefit plan Total extraordinary income 5 (Thousands of yen) Nine months ended November 30, 2020 Nine months ended November 30, 2021 Extraordinary losses Loss on retirement of non-current assets Impairment loss Office transfer expense Settlement package Loss due to new corona virus infection Total extraordinary losses Profit before income taxes Income taxes – current Income taxes – deferred Total income taxes Profit Profit (loss) attributable to non-controlling interests Profit attributable to owners of parent 1,071 – 16,808 4,188 31,928 53,997 1,884,032 557,592 63,681 621,274 1,262,758 (1,035) 1,263,794 9,444 77,258 – – 10,128 96,832 2,961,825 861,270 115,868 977,138 1,984,686 6,174 1,978,512 6Consolidated statements of comprehensive income (cumulative) Nine months ended November 30, 2020 Nine months ended November 30, 2021 (Thousands of yen) Profit Other comprehensive income Valuation difference on available-for-sale securities Foreign currency translation adjustment Total other comprehensive income Comprehensive income Comprehensive income attributable to Comprehensive income attributable to owners of parent Comprehensive income attributable to non-controlling interests 1,262,758 (6,323) (2,999) (9,323) 1,253,435 1,254,471 (1,035) 1,984,686 (19,918) 10,373 (9,545) 1,975,141 1,968,966 6,174 7