シーティーエス（4345） – [Delayed]Summary of Consolidated Financial Results for the Nine Months Ended December 31, 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 December 31, 2021 (Based on Japanese GAAP) January 31, 2022Company name: Stock exchange listing: Tokyo CTS Co., Ltd. Stock code: Representative: 4345 Representative Director and President URL https://www.cts-h.co.jp Taizo Yokoshima Inquiries: Operating Officer Accounting & Finance Manager Makio Kitahara TEL 0268-26-3700 Scheduled date to file Quarterly Securities Report: Scheduled date to commence dividend payments: February 14, 2022 – Preparation of supplementary material on quarterly financial results: Yes No Holding of quarterly financial results meeting: 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 7,955 7,519 % Millions of yen 1,976 5.8 1,694 9.6 % Millions of yen 1,913 1,622 16.6 22.6 % Millions of yen 1,309 1,096 18.0 19.1 % 19.5 17.4 (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 30.86 25.68 Yen – – Total assets Net assets Equity ratio Millions of yen 14,159 13,115 Millions of yen 9,223 8,789 % 65.1 67.0 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 6.00 7.00 Yen – – Yen 8.00 11.00 Yen 14.00 18.00 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 10,600 % Millions of yen 2,550 6.3 % Millions of yen 2,460 14.4 % Millions of yen 1,720 15.6 % 18.1 Yen 40.54 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) No Yes No No No As of December 31, 2021 43,400,000 shares As of March 31, 2021 43,400,000 shares Number of treasury shares at the end of the period As of December 31, 2021 1,020,845 shares As of March 31, 2021 720,845 shares Average number of shares during the period (cumulative from the beginning of the fiscal year) Nine months ended December 31, 2021 42,449,188 shares Nine months ended December 31, 2020 42,679,155 shares 2Quarterly consolidated financial statements Consolidated balance sheets As of March 31, 2021 As of December 31, 2021 (Millions of yen) 6,216 1,693 460 196 (4) 8,563 2,275 1,802 4,078 53 422 (1) 420 4,552 13,115 499 378 1,661 2,539 1,570 215 1,786 4,326 425 2,399 6,393 (460) 8,758 31 31 8,789 13,115 5,645 1,839 444 420 (15) 8,334 2,431 1,790 4,222 151 1,452 (1) 1,451 5,824 14,159 478 298 2,252 3,029 1,659 247 1,907 4,936 425 2,399 7,065 (722) 9,168 54 54 9,223 14,159 Assets Current assets Cash and deposits Notes and accounts receivable – trade Inventories Other Allowance for doubtful accounts Total current assets Non-current assets Property, plant and equipment Leased assets, net Other, net Total property, plant and equipment 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 Income taxes payable Other Total current liabilities Non-current liabilities Lease obligations 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 Total accumulated other comprehensive income Total net assets Total liabilities and net assets 3Consolidated 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 Selling, general and administrative expenses Net sales Cost of sales Gross profit Operating profit Non-operating income Dividend income Other Total non-operating income Non-operating expenses Interest expenses Total non-operating expenses Ordinary profit Extraordinary income Gain on sale of investment securities Total extraordinary income Profit before income taxes Income taxes – current Income taxes – deferred Total income taxes Profit attributable to owners of parent Profit 7,519 4,055 3,463 1,769 1,694 1 4 5 31 46 78 – – 1,622 524 1 525 1,096 1,096 7,955 4,036 3,919 1,943 1,976 21 7 28 35 56 91 20 20 1,934 615 8 624 1,309 1,309 Share of loss of entities accounted for using equity method 1,622 1,913 4Consolidated statements of comprehensive income (cumulative) Profit Other comprehensive income Valuation difference on available-for-sale securities Total other comprehensive income Comprehensive income Comprehensive income attributable to Comprehensive income attributable to owners of parent Comprehensive income attributable to non-controlling interests (Millions of yen) Nine months ended December 31, 2020 Nine months ended December 31, 2021 1,096 18 18 1,114 1,114 – 1,309 23 23 1,333 1,333 – 5