フジミインコーポレーテッド（5384） – 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) February 2, 2022 Company Name: Stock Exchange Listing: Tokyo, Nagoya FUJIMI INCORPORATED Stock Code: Representative: 5384 President and CEO URL https://www.fujimiinc.co.jp/ Keishi Seki Inquiries: Deputy Senior General Manager Finance Division Scheduled date to file Quarterly Securities Report: Scheduled Date to Commence Dividend Payments: February 4, 2022 −Preparation of supplementary material on quarterly financial results: NoNoHolding of quarterly financial results meeting:: Toshihiro Kawashima TEL 052-503-8181 1. Consolidated financial results for the nine months ended December 31, 2021 (from April 1, 2021 to December 31, 2021) (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 ParentOrdinary Profit Millions of yen% Millions of yen% Millions of yen% Millions of yen% 38,654 24.2 9,473 59.5 9,749 64.4 7,270 62.1 31,111 8.9 5,939 32.9 5,932 29.7 4,485 34.6 Earnings per Share Diluted Earnings per ShareYen 294.09 181.44 Yen – – Total Assets Net Assets Equity Ratio Net Assets per Share Millions of yen 71,674 65,773 Millions of yen 60,353 56,088 % 84.2 85.3 Yen 2,441.28 2,268.87 Annual Dividends per Share 1st quarter-end 2nd quarter-end 3rd quarter-end Fiscal year-end Total Yen – – Yen 50.00 85.00 Yen – – Yen 65.00 Yen 115.00 95.00 180.00 Nine months ended December 31, 2021Nine months ended December 31, 2020Nine months ended December 31, 2021Nine months ended December 31, 2020(2) Consolidated Financial Position As of December 31, 2021 As of March 31, 2021 2. Cash Dividends Year ended March 31, 2021 Year ended March 31, 2022 Year ending March 31, 2022 (Forecast) 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 Millions of yen% Millions of yen% Millions of yen% Millions of yen% Full Year 51,500 22.7 12,000 57.1 12,200 58.2 9,100 62.3 Yen 368.10 4. 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 (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) NoNoYes NoNoNo As of December 31, 2021 28,699,500 shares As of March 31, 2021 28,699,500 shares Number of treasury shares at the end of the period As of December 31, 2021 3,977,290 shares As of March 31, 2021 3,978,451 shares Average number of shares during the period (cumulative from the beginning of the fiscal year) Nine months ended December 31, 2021 24,721,747 shares Nine months ended December 31, 2020 24,720,790 shares (Supplementary Materials) Table of Contents FUJIMI INCORPORATED FY2022 Third Quarter Financial Results Contents1. Overview of Business Results and Financial Position…………………………………………………… (1) Overview of Business Results………………………………………..………………………………. (2) Overview of Financial Position………………………………………………..…………………..… (3) Financial Forecast……….……………………………………………………………………………. 2. Consolidated Financial Statements…………………………………………….…………………….…… (1) Consolidated Balance Sheets……………………………………………………………….………… (2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income… Page 2 2 3 3 4 4 6 11. Overview of Business Results and Financial Position (1) Overview of Business Results FUJIMI INCORPORATED FY2022 Third Quarter Financial Results In the first nine months of FY2022 (April 2021 – March 2022), global economic uncertainty increased due to the spread of the novel coronavirus (COVID-19) variant, shortage of shipping containers, soaring energy prices, and the increasing tensions over Ukraine and between the US and China, while the economic activities are seemed to be moving towards normalization in areas where vaccine rollout is progressing for COVID-19. However, despite some supply chain constraints including logistics, the global semiconductor market showed strong demand for advanced semiconductor devices that support the advancement of information and communication due to lifestyle changes, as well as continuous recovering demand of conventional semiconductor devices for automobiles and so forth. The consolidated results for this period are shown below. Consolidated Results for the First Nine Months of Fiscal Year 2022: Millions of JPY FY ended December 31, 2020 FY ended December 31, 2021 Change Net Sales Operating Profit Ordinary Profit Profit Attributable to Owners of Parent 31,111 5,939 5,932 4,485 38,654 9,473 9,749 7,270 YoY 24.2% 59.5% 64.4% 62.1% Segment Operating Results by Region (i) Japan Net sales in Japan increased by 32.8% to JPY 24,087 million compared with the same term in the previous fiscal year. The increase was mainly due to firm demand for products related to semiconductor devices and silicon wafers. Operating profit increased by 53.8% to JPY 8,545 million. The increase was mainly due to sales increase and a favorable product mix. (ii) North America Net sales in North America increased by 9.9% to JPY 4,659 million compared with the same term of the previous fiscal year. The increase was mainly due to firm demand for products related to semiconductor devices and silicon wafers. Operating profit increased by 23.1% to JPY 477 million. The increase was mainly due to a favorable product mix. (iii) Asia (iv) Europe Net sales in Asia increased by 13.8% to JPY 8,646 million compared with the same term in the previous fiscal year. Operating profit increased by 24.6% to JPY 1,994 million. The increases were mainly due to firm demand for CMP products related to advanced logic devices. Net sales in Europe increased by 11.7% to JPY 1,261 million compared with the same term in the previous fiscal year. Operating profit increased by 14.2% to JPY 141 million. The increases were mainly due to firm demand for products related to semiconductor devices. Segment Operating Results by Application (i) Silicon Wafers Regarding products for silicon wafers, net sales of lapping abrasive products increased by 40.6% to JPY 4,694 million compared with the same term in the previous fiscal year and net sales of polishing slurry products increased by 29.2% to JPY 9,069 million. The increases in net sales of both product lines were mainly due to high production levels in the semiconductor industry. (ii) Semiconductor Devices Regarding products for the CMP process of semiconductor devices, net sales increased by 23.2% to JPY 18,442 million compared with the same term in the previous fiscal year. The increase in net sales was mainly due to continuous firm demand from both logic and memory devices. 2FUJIMI INCORPORATED FY2022 Third Quarter Financial Results (iii) Hard Disks Regarding products for hard disks, net sales decreased by 8.9% to JPY 1,285 million compared with the same term in the previous fiscal year. The decrease in net sales was mainly due to replacement with Solid State Drives (SSDs) and a customer’s production termination because of business withdrawal. (iv) General Industries Regarding products for general industries, net sales increased by 20.3% to JPY 3,268 million compared with the same term in the previous fiscal year. The increase in net sales was mainly due to recovery of demand of products for automobiles and industrial machineries. (2) Overview of Financial Position Summary of Total Assets, Total Liabilities and Net Assets as of December 31, 2021 Total assets increased by JPY 5,901 million to JPY 71,674 million compared with the end of the previous fiscal year mainly due to increases of JPY 3,000 million in securities and of JPY 2,556 million in notes and accounts receivable – trade, offsetting a decrease of JPY 771 million in investment securities. Total liabilities increased by JPY 1,636 million to JPY 11,321 million compared with the end of the previous fiscal year mainly due to increases of JPY 883 million in accounts payable – trade, of JPY 683 million in other in current liabilities and of JPY 507 million in provision for share-based remuneration, offsetting a decrease of JPY 772 million in provision for bonuses. Net assets increased by JPY 4,264 million to JPY 60,353 million compared with the end of the previous fiscal year mainly due to increases of JPY 3,515 million in retained earnings, of JPY 1,308 million in capital surplus and of JPY 627 million in foreign currency translation adjustment, offsetting an increase of JPY 1,305 million in treasury shares. (3) Financial ForecastNet sales and profits for the first nine months ended December 31, 2021 exceeded the earlier forecast primarily due to firm demand for the advanced semiconductor devices and silicon wafers. Financial forecast for the fiscal year ending March 31, 2022 is revised reflecting the recent trends of business performance as well as raw material prices and logistic costs. The financial forecast for the current fiscal year is shown below.Financial Forecast for Fiscal Year 2022: Millions of JPY FY ending March 31, 2022 Change from FY2021 Net Sales Operating Profit Ordinary Profit Profit Attributable to Owners of Parent 51,500 12,000 12,200 9,100 22.7% 57.1% 58.2% 62.3% The financial forecast and other forward-looking statements are based on information available to the management at the present time and on certain assumptions judged by the management to be reasonable. Due to various factors, actual performance and financial results in future periods may differ materially from the forecast. 32. Consolidated Financial Statements (1) Consolidated Balance SheetsFUJIMI INCORPORATED FY2022 Third Quarter Financial Results As of March 31, 2021 As of December 31, 2021 (Millions of yen) Assets Current assets Cash and deposits Notes and accounts receivable – trade Securities 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 Other, net Total property, plant and equipment Intangible assets Investments and other assets Investment securities Deferred tax assets Other Allowance for doubtful accounts Total investments and other assets Total non-current assets Total assets 29,424 9,098 1,900 4,048 999 2,278 231 (13)47,967 6,553 7,022 13,575 440 2,562 1,117 119 (9)3,789 17,806 65,773 28,750 11,654 4,900 4,545 1,015 3,203 494 (17)54,547 6,430 7,478 13,909 376 1,790 930 128 (9)2,841 17,127 71,674 4Liabilities Current liabilities Accounts payable – trade Income taxes payable Provision for bonuses Provision for bonuses for directors (and other officers) Provision for share-based remuneration Other Total current liabilities Non-current liabilities Deferred tax liabilities Retirement benefit liability Provision for share-based remuneration 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 Total net assets Total liabilities and net assets FUJIMI INCORPORATED FY2022 Third Quarter Financial Results As of March 31, 2021 As of December 31, 2021 (Millions of yen) 2,880 1,274 1,438 – – 2,714 8,309 0 901 329 144 1,375 9,684 4,753 5,570 50,303 (5,448)55,179 321 685 (97)908 56,088 65,773 3,764 1,387 666 69 794 3,398 10,081 4 897 43 294 1,239 11,321 4,753 6,878 53,819 (6,753)58,697 423 1,313 (80)1,655 60,353 71,674 5FUJIMI INCORPORATED FY2022 Third Quarter Financial Results (2) Consolidated Statements of Income (cumulative) and Consolidated Statements of Comprehensive Income (cumulative) (i) Consolidated Statements of Income (cumulative) Nine months ended December 31, 2020 Nine months ended December 31, 2021 (Millions of yen) Selling, general and administrative expenses Net sales Cost of sales Gross profit Operating profit Non-operating income Interest income Dividend income Foreign exchange gains Gain on sales of property Other Total non-operating income Non-operating expenses Interest expenses Foreign exchange losses Other Total non-operating expenses Ordinary profit Profit before income taxes Income taxes – current Income taxes – deferred Total income taxes Profit Profit attributable to owners of parent 31,111 16,847 14,263 8,323 5,939 56 30 – 1 102 190 3 179 14 197 5,932 5,932 1,355 91 1,446 4,485 4,485 38,654 19,929 18,725 9,251 9,473 38 31 38 81 117 307 4 – 26 31 9,749 9,749 2,339 139 2,479 7,270 7,270 6(ii) Consolidated Statements of Comprehensive Income (cumulative)Profit 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 (Breakdown) Comprehensive income attributable to owners of parent FUJIMI INCORPORATED FY2022 Third Quarter Financial Results Nine months ended December 31, 2020 Nine months ended December 31, 2021 (Millions of yen) 4,485 125 (86)19 58 4,543 4,543 7,270 102 627 17 747 8,017 8,017 7