ニチハ（7943） – （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, Nagoya NICHIHA CORPORATION Stock code: Representative: 7943 PRESIDENT URL https://www.nichiha.co.jp NARUMITSU YOSHIOKA Inquiries: DIRECTOR SENIOR EXECUTIVE OFFICER KAZUSHI TONOI TEL 052-220-5111 Scheduled date to file Quarterly Securities Report: Scheduled date to commence dividend payments: February 10, 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 97,197 90,324 % Millions of yen 10,468 7.6 8,714 – % Millions of yen 10,922 8,493 20.1 (13.3)% Millions of yen 8,128 6,230 28.6 (18.1)% 30.5 (22.0)(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 222.03 170.17 Yen 221.38 169.75 Total assets Net assets Equity ratio Net assets per share Millions of yen 158,319 147,630 Millions of yen 108,502 101,688 % 68.6 69.0 Yen 2,966.64 2,782.79 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 27.50 42.00 Yen – – Yen 45.50 42.00 Yen 73.00 84.00 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 122,000 % Millions of yen 12,500 1.0 % Millions of yen 12,500 3.9 % Millions of yen 8,700 2.1 % (2.3)Yen 237.62 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 37,324,264 shares As of March 31, 2021 37,324,264 shares Number of treasury shares at the end of the period As of December 31, 2021 711,856 shares As of March 31, 2021 711,426 shares Average number of shares during the period (cumulative from the beginning of the fiscal year) Nine months ended December 31, 2021 36,612,583 shares Nine months ended December 31, 2020 36,611,511 shares 2 As of March 31, 2021 As of December 31, 2021 (Millions of yen) 39,688 23,651 1,669 9,093 2,129 3,323 2,268 (40) 81,784 10,636 9,545 438 20,392 240 12,865 54,120 36 877 290 1,204 6,321 2,305 275 1,645 (27) 10,520 65,845 147,630 41,048 27,869 2,686 10,337 1,648 3,823 1,130 (37) 88,507 10,509 9,113 376 20,398 199 18,439 59,037 24 541 421 987 6,172 1,779 278 1,583 (27) 9,786 69,811 158,319 Quarterly consolidated financial statements Consolidated balance sheets 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 Machinery, equipment and vehicles, net Tools, furniture and fixtures, net Land Leased assets, net Construction in progress Total property, plant and equipment Intangible assets Leased assets Software Other Total intangible assets Investments and other assets Investment securities Deferred tax assets Retirement benefit asset Other Allowance for doubtful accounts Total investments and other assets Total non-current assets Total assets 3 As of March 31, 2021 As of December 31, 2021 (Millions of yen) 14,477 998 114 992 1,607 97 158 9,909 28,354 14,587 187 42 152 1,212 1,211 192 17,586 45,941 8,136 10,934 82,846 (1,291) 100,626 2,687 (1,688) 260 1,259 165 (362) 101,688 147,630 16,008 2,448 120 1,160 716 67 157 13,018 33,698 13,000 119 124 166 1,212 1,301 193 16,119 49,817 8,136 10,934 87,771 (1,292) 105,550 2,590 245 229 3,065 198 (312) 108,502 158,319 Liabilities Current liabilities Notes and accounts payable – trade Short-term borrowings Lease obligations Income taxes payable Provision for bonuses Other Total current liabilities Non-current liabilities Long-term borrowings Lease obligations Provision for bonuses for directors (and other officers) Provision for product warranties Deferred tax liabilities Provision for retirement benefits for directors (and other officers) Provision for product warranties 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 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 4Consolidated statements of income (cumulative) and consolidated statements of comprehensive 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 Rental income from real estate Foreign exchange gains Other Total non-operating income Non-operating expenses Interest expenses Foreign exchange losses Other Total non-operating expenses Ordinary profit Extraordinary income Gain on sale of non-current assets Gain on sale of investment securities Gain on forgiveness of debts Total extraordinary income Extraordinary losses Loss on retirement of non-current assets Loss on valuation of investment securities Infectious Disease Related Cost Total extraordinary losses Profit before income taxes Income taxes – current Income taxes – deferred Total income taxes Profit Profit attributable to Profit attributable to owners of parent Profit attributable to non-controlling interests Other comprehensive income Valuation difference on available-for-sale securities Foreign currency translation adjustment 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 590,324 54,553 35,771 27,057 8,714 16 72 65 – 118 272 87 376 29 493 5 0 – 6 56 – 17 74 8,493 8,425 1,826 330 2,157 6,268 6,230 38 772 (518) 49 302 6,571 6,535 35 97,197 57,408 39,789 29,320 10,468 23 102 65 201 177 570 86 – 29 4 – 470 474 25 10 – 35 116 10,922 11,361 2,428 762 3,191 8,170 8,128 41 (96) 1,943 (31) 1,815 9,985 9,934 50