日本精線（5659） – [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 28, 2022Company name: Stock exchange listing: Tokyo Nippon Seisen Co.,Ltd. Stock code: Representative: 5659 President and CEO URL https://www.n-seisen.co.jp/ Motoshi Shinkai Inquiries: Scheduled date to file Quarterly Securities Report: General Manager, Accounting Department Shuichi Nagasawa February 10, 2022 TEL 06-6222-5432 Scheduled date to commence dividend payments: Preparation of supplementary material on quarterly financial results: 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) No (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 parent Ordinary profit % Millions of yen % Millions of yen % Millions of yen Millions of yen 32,905 24,049 36.8 (8.1)Nine months ended December 31, 2021 Nine months ended December 31, 2020 Note: Comprehensive income Nine months ended December 31, 2021 Nine months ended December 31, 2020 Earnings per share 3,711 141.5 12.3 1,536 3,800 119.8 21.8 1,728 ¥2,726 million [114.2%] ¥1,272 million [11.3%] % 2,669 119.9 21.7 1,214 Diluted earnings per share Yen 435.23 197.95 Yen – – 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 Reference: Equity 2. Cash dividends Total assets Net assets Equity ratio Millions of yen 48,926 46,071 Millions of yen 34,648 32,974 % 69.9 70.7 As of December 31, 2021 As of March 31, 2021 ¥34,192 million ¥32,564 million 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 40.00 100.00 Yen – – Yen 70.00 100.00 Yen 110.00 200.00 Note: Revisions to the cash dividend forecasts most recently announced: No 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 42,000 % Millions of yen 4,200 23.1 % Millions of yen 4,200 76.5 % Millions of yen 2,940 61.4 % 61.0 Yen 479.37 Note: Revisions to the earnings forecasts most recently announced: No 1 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: 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 6,492,293 shares As of March 31, 2021 6,492,293 shares Number of treasury shares at the end of the period As of December 31, 2021 359,214 shares As of March 31, 2021 359,054 shares Average number of shares during the period (cumulative from the beginning of the fiscal year) Nine months ended December 31, 2021 359,112 shares Nine months ended December 31, 2020 6,133,443 shares * Quarterly financial results reports are exempt from quarterly review conducted by certified public accountants or an audit corporation. * Explanation of proper use of financial results forecast, and other special matters (Caution concerning forward-looking statements) The above forecasts of financial results are based on information currently available to the Company and on certain assumptions deemed to be reasonable. However, the Company makes no guarantee that these forecasts will be achieved. Consequently, actual business and other results may differ substantially due to various factors. 2 As of March 31, 2021 As of December 31, 2021 (Millions of yen) 13,776 8,210 537 1,856 3,457 1,618 174 29,631 4,464 6,402 1,630 10 959 599 14,067 255 2,116 16,439 46,071 5,494 440 700 580 26 1,034 8,277 194 63 4,544 0 17 4,820 13,097 14,055 8,950 943 2,451 3,833 1,847 239 32,321 4,879 6,500 1,627 25 656 615 14,304 225 2,075 16,605 48,926 6,744 332 659 403 – 1,254 9,394 105 54 4,699 – 25 4,884 14,278 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 Total current assets Non-current assets Property, plant and equipment Buildings and structures, net Machinery, equipment and vehicles, net Land Leased assets, net Construction in progress Other, net Total property, plant and equipment Intangible assets Investments and other assets Total non-current assets Total assets Liabilities Current liabilities Notes and accounts payable – trade Short-term borrowings Income taxes payable Provision for bonuses Provision for bonuses for directors (and other officers) Other Total current liabilities Non-current liabilities Long-term borrowings Provision for retirement benefits for directors (and other officers) Retirement benefit liability Provision for environmental measures 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 Non-controlling interests Total net assets Total liabilities and net assets 5,000 5,442 22,880 (849) 32,473 25 (0) 174 (109) 90 409 32,974 46,071 5,000 5,442 24,497 (849) 34,090 28 (0) 154 (81) 102 455 34,648 48,926 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 24,049 20,222 3,826 2,289 1,536 6 12 11 22 127 17 26 223 4 11 4 5 5 31 – – 5 5 1,723 490 8 498 1,224 10 1,214 32,905 26,744 6,161 2,449 3,711 159 10 13 16 32 – 64 21 3 – 9 56 1 70 0 0 – – 3,801 1,068 32 1,100 2,700 30 2,669 1,728 3,800 Selling, general and administrative expenses Net sales Cost of sales Gross profit Operating profit Non-operating income Interest income Dividend income Purchase discounts Compensation income Subsidies for employment adjustment Foreign exchange gains Other Total non-operating income Non-operating expenses Interest expenses Sales discounts Compensation expenses Loss on retirement of non-current assets Other Total non-operating expenses Ordinary profit Extraordinary income Gain on sale of non-current assets Total extraordinary income Extraordinary losses Loss on valuation of golf club membership 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 Total other comprehensive income Comprehensive income Comprehensive income attributable to Comprehensive income attributable to owners of parent Comprehensive income attributable to non-controlling interests 1,224 14 (0) (41) 75 48 1,272 1,265 7 2,700 3 (0) (4) 28 26 2,726 2,680 45 6