アイカ工業（4206） – 【Delayed】Summary of Consolidated Financial Results for the Nine Months Ended December 31, 2021

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 December 31, 2021 (Based on Japanese GAAP) January 27, 2022Company name: Stock exchange listing: Tokyo, Nagoya Aica Kogyo Company, Limited Stock code: Representative: 4206 President URL http://www.aica.co.jp Yuji Ono Inquiries: General Manager,Financial Management Department Scheduled date to file Quarterly Securities Report: Scheduled date to commence dividend payments: February 8, 2022 – Preparation of supplementary material on quarterly financial results: Yes No Holding of quarterly financial results meeting: Yousuke Mori TEL 052-533-3135 1. Consolidated financial results for the nine months ended December 31, 2021 (from April 1, 2021 to December 31, 2021) (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 December 31, 2021 Nine months ended December 31, 2020 Millions of yen 152,771 124,399 % Millions of yen 14,213 11,712 22.8 (11.7)% Millions of yen 15,266 12,177 21.4 (24.7)% Millions of yen 9,519 7,117 25.4 (25.1)% 33.7 (29.2)(Amounts less than one million yen are rounded down)Nine months ended December 31, 2021 Nine months ended December 31, 2020 (2) Consolidated financial position As of December 31, 2021 As of March 31, 2021 2. Cash dividends Earnings per share Diluted earnings per share Yen 145.78 109.01 Yen 145.73 108.97 Total assets Net assets Equity ratio Millions of yen 222,934 207,363 Millions of yen 156,531 150,505 % 62.8 65.0 1st quarter-end 2nd quarter-end 3rd quarter-end Fiscal year-end Total Annual dividends per share Year ended March 31, 2021 Year ending March 31, 2022 Year ending March 31, 2022 (Forecast) Yen – – Yen 49.00 50.00 Yen – – Yen 58.00 58.00 Yen 107.00 108.00 3. Forecast of consolidated financial results for the year ending March 31, 2022 (from April 1, 2021 to March 31, 2022) Net sales Operating profit Ordinary profit Percentages indicate year-on-year changesProfit attributable to owners of parent Earnings per share Full year Millions of yen 200,000 % Millions of yen 21,000 14.5 % Millions of yen 21,400 16.7 % Millions of yen 13,000 16.1 % 20.8 Yen 199.10 14. Notes (1) Changes in significant subsidiaries during the nine months ended December 31, 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: No (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) Yes Yes No No No As of December 31, 2021 67,590,664 shares As of March 31, 2021 67,590,664 shares Number of treasury shares at the end of the period As of December 31, 2021 2,289,447 shares As of March 31, 2021 2,297,405 shares Average number of shares during the period (cumulative from the beginning of the fiscal year) Nine months ended December 31, 2021 65,297,371 shares Nine months ended December 31, 2020 65,293,601 shares 2Quarterly consolidated financial statements Consolidated balance sheets As of March 31, 2021 As of December 31, 2021 (Millions of yen) 42,420 57,892 9,537 1,064 7,584 8,582 (612) 126,468 50,750 4,589 7,931 12,520 17,635 (12) 17,623 80,894 207,363 23,469 4,887 6,015 3,428 2,090 – 7,633 47,524 1,255 1,486 6,591 9,333 56,858 36,045 65,046 14,042 1,469 11,924 8,214 (683) 136,059 55,288 5,640 8,048 13,689 17,898 (1) 17,897 86,875 222,934 28,808 6,538 7,805 894 1,427 1,895 7,856 55,226 2,154 1,558 7,464 11,176 66,403 Assets Current assets Cash and deposits Notes and accounts receivable – trade 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 Intangible assets Goodwill Other Total intangible assets Investments and other assets Other Allowance for doubtful accounts Total investments and other assets Total non-current assets Total assets Liabilities Current liabilities Notes and accounts payable – trade Electronically recorded obligations – operating Short-term borrowings Income taxes payable Provision for bonuses buy-sell transaction liabilities Other Total current liabilities Non-current liabilities Long-term borrowings Retirement benefit liability Other Total non-current liabilities Total liabilities 3 As of March 31, 2021 As of December 31, 2021 (Millions 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 Deferred gains or losses on hedges Foreign currency translation adjustment Remeasurements of defined benefit plans Total accumulated other comprehensive income Share acquisition rights Non-controlling interests Total net assets Total liabilities and net assets 9,891 13,280 110,563 (2,011) 131,724 4,594 (0) (1,512) (26) 3,055 27 15,697 150,505 207,363 9,891 13,294 113,041 (2,150) 134,077 4,379 2 1,346 266 5,995 23 16,434 156,531 222,934 4Consolidated statements of income (cumulative) and consolidated statements of comprehensive income (cumulative) Consolidated statements of income (cumulative) (Millions of yen) Nine months ended December 31, 2020 Nine months ended December 31, 2021 124,399 89,659 34,740 23,027 11,712 1,764 145 307 556 754 137 103 552 505 273 273 1,299 12,177 11,904 4,085 (22) 4,062 7,841 724 7,117 152,771 113,613 39,158 24,944 14,213 133 341 164 744 1,384 157 – – 174 332 122 122 15,266 15,143 4,231 593 4,825 10,318 798 9,519 Selling, general and administrative expenses Net sales Cost of sales Gross profit Operating profit Non-operating income Interest income Dividend income Gain on sale of investment securities Other Total non-operating income Non-operating expenses Interest expenses Sales discounts Delayed delivery fee Other Total non-operating expenses Ordinary profit Extraordinary losses Business restructuring costs 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 5Consolidated 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 Deferred gains or losses on hedges Foreign currency translation adjustment Remeasurements of defined benefit plans, net of tax Share of other comprehensive income of entities accounted for using equity method Total other comprehensive income Comprehensive income Comprehensive income attributable to Comprehensive income attributable to owners of parent Comprehensive income attributable to non-controlling interests 7,841 768 (19) (2,411) (25) (5) (1,693) 6,148 6,024 124 10,318 (215) 3 3,758 292 29 3,868 14,187 12,458 1,728 6