タカラスタンダード（7981） – Summary of Consolidated Financial Results for the Nine Months Ended December 31, 2021

Note: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. February 1, 2022 Summary of Consolidated Financial Results for the Nine Months Ended December 31, 2021 (under Japanese GAAP) Company name: TAKARA STANDARD CO., LTD. Stock listing: Stock code: URL: Representative: Takeo Watanabe, President Inquiries: First Section of the Tokyo Stock Exchange 7981 https://www.takara-standard.co.jp/ Kaoru Umeda, Executive Officer and General Manager of Accounting Department, Administration Division URL: https://forms.takara-standard.co.jp/webapp/form/22048_aqgb_6/index.do Scheduled date to file quarterly securities report: February 10, 2022 Scheduled date to commence dividend payments: – Preparation of supplementary material on quarterly financial results: None Holding of quarterly financial results presentation meeting: None 1. Consolidated financial results for the nine months ended December 31, 2021 (Million yen with fractional amounts discarded, unless otherwise noted) (from April 1, 2021 to December 31, 2021) (1) Consolidated operating results (cumulative) Net sales Operating profit (Percentages indicate year-on-year changes.)Profit attributable to owners of parent Ordinary profit Nine months ended Million yen % Million yen % Million yen % Million yen % December 31, 2021 160,760 11.7 13,551 49.4 13,965 47.4 9,256 46.5 December 31, 2020 143,918 – 9,071 (26.9) 9,473 (26.3) 6,316 (27.5) Note: Comprehensive income Nine months ended December 31, 2021: ¥8,950 million [(0.8)%] Nine months ended December 31, 2020: ¥9,026 million [(5.4)%] Basic earnings per share Diluted earnings per share Nine months ended December 31, 2021 December 31, 2020 Yen 126.56 86.37 Yen – – The Company has applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, March 31, 2020) and related standards from the beginning of the first quarter ended June 30, 2021, and the consolidated operating results for the nine months ended December 31, 2020 are retrospectively restated. However, in accordance with the transitional treatment, the percentage of year-on-year change of net sales for the nine months ended December 31, 2020, is not shown. (2) Consolidated financial position Total assets Net assets Equity ratio Net assets per share As of Million yen Million yen 274,425 258,652 181,554 175,310 % 66.2 67.8 Yen 2,482.36 2,396.98 December 31, 2021 March 31, 2021 Reference: Equity As of December 31, 2021: ¥181,554 million As of March 31, 2021: ¥175,310 million – 1 – 2. Dividends Fiscal year ended March 31, 2021 Fiscal year ending March 31, 2022 Fiscal year ending March 31, 2022 (Forecasts) First quarter-end Second quarter-end Third quarter-end Fiscal year-end Total Annual dividends Yen – – Yen 17.00 20.00 Yen – – Yen 17.00 Yen 34.00 32.00 52.00 (Note) Revisions to the forecast of dividends most recently announced: Yes 3. Consolidated earnings forecasts for the fiscal year ending March 31, 2022 (from April 1, 2021 to March 31, 2022) Net sales Operating profit Ordinary profit (Percentages indicate year-on-year changes.)Profit attributable to owners of parent Basic earnings per share Million yen % Million yen % Million yen % Million yen % Yen 128.52 Full year 202,300 5.8 14,000 27.7 14,400 26.4 9,400 23.9 (Note) Revisions to the consolidated earnings forecasts most recently announced: None * Notes (1) Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in the change in scope of consolidation): None (2) Application of special accounting for preparing quarterly consolidated financial statements: None (3) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements after error corrections a. Changes in accounting policies due to revisions to accounting standards and other regulations: Yes b. Changes in accounting policies due to other reasons: None c. Changes in accounting estimates: None d. Restatement of prior period financial statements after error corrections: None (4) Number of issued shares (common stock) a. Total number of issued shares at the end of the period (including treasury shares) b. Number of treasury shares at the end of the period As of December 31, 2021 As of March 31, 2021 As of December 31, 2021 As of March 31, 2021 c. Average number of outstanding shares during the period (cumulative from the beginning of the fiscal year) Nine months ended December 31, 2021 Nine months ended December 31, 2020 73,937,194 shares 73,937,194 shares 799,397 shares 799,397 shares 73,137,797 shares 73,138,162 shares – 2 – * Quarterly financial results reports are exempt from quarterly review conducted by certified public accountants or an audit corporation. * Proper use of earnings forecasts, and other special matters Forward-looking statements provided in this document, including earnings forecasts, are based on the information currently available to the Company and certain assumptions considered reasonable. Such statements are included without any guarantee as to their future achievement. Actual business and other results may differ materially from the forecasts depending on various factors. – 3 – Quarterly Consolidated Financial Statements (1) Quarterly consolidated balance sheets As of March 31, 2021 As of December 31, 2021 (Millions of yen)Assets Current assets Cash and deposits Notes and accounts receivable – trade Electronically recorded monetary claims – operating Merchandise and finished goods Work in process Raw materials and supplies Other Allowance for doubtful accounts Total current assets Non-current assets Property, plant and equipment Buildings and structures, net Land Other, net Total property, plant and equipment Intangible assets Investments and other assets Investment securities Other Allowance for doubtful accounts Total investments and other assets Total non-current assets Total assets 74,719 39,405 19,308 8,744 2,730 3,632 261 (16) 148,785 26,184 39,558 17,498 83,240 1,937 16,816 7,891 (19) 24,688 109,867 258,652 79,033 39,753 30,523 9,441 2,977 4,156 1,241 (20) 167,105 25,475 38,516 18,147 82,140 1,767 15,878 7,552 (17) 23,413 107,320 274,425 – 4 – (Millions of yen)As of March 31, 2021 As of December 31, 2021 Liabilities Current liabilities Notes and accounts payable – trade Electronically recorded obligations – operating Short-term borrowings Income taxes payable Other Total current liabilities Non-current liabilities 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 Total net assets Total liabilities and net assets 17,116 20,620 9,700 1,542 13,979 62,958 18,524 1,859 20,384 83,342 26,356 30,736 114,296 (934) 170,455 7,173 (3) 613 (2,928) 4,854 175,310 258,652 18,905 27,516 9,700 2,339 14,189 72,651 18,443 1,776 20,220 92,871 26,356 30,736 120,977 (934) 177,136 6,516 – 482 (2,581) 4,418 181,554 274,425 – 5 – (2) Quarterly consolidated statements of income and consolidated statements of comprehensive income Quarterly consolidated statements of income (cumulative) (Millions of yen)Nine months ended December 31, 2020 Nine months ended December 31, 2021 Net sales Cost of sales Gross profit Selling, general and administrative expenses Operating profit Non-operating income Interest income Dividend income Other Total non-operating income Non-operating expenses Interest expenses Product safety costs Other Total non-operating expenses Ordinary profit Extraordinary income Gain on sale of non-current assets Gain on sale of investment securities Total extraordinary income Extraordinary losses Loss on retirement of non-current assets Loss on sale of non-current assets Loss on valuation of investment securities Impairment losses Total extraordinary losses Profit before income taxes Income taxes Profit Profit attributable to owners of parent 143,918 91,624 52,294 43,223 9,071 2 399 68 470 47 – 19 67 9,473 23 – 23 208 32 – 88 330 9,167 2,850 6,316 6,316 160,760 102,067 58,693 45,141 13,551 2 423 81 507 45 34 13 93 13,965 132 11 143 242 355 3 107 708 13,401 4,144 9,256 9,256 – 6 – Quarterly consolidated statements of comprehensive income (cumulative) (Millions of yen) Nine months ended December 31, 2020 Nine months ended December 31, 2021 Profit Other comprehensive income Valuation difference on available-for-sale securities, net of tax Deferred gains or losses on hedges, net of tax 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 6,316 2,385 2 321 2,709 9,026 9,026 – 9,256 (657) 3 347 (306) 8,950 8,950 – – 7 –