デクセリアルズ（4980） – Summary of Financial Results for the third quarter 2022

Consolidated Financial Results for the Nine Months Ended December 31, 2021 [Under Japanese GAAP] February 2, 2022 Phone: +81-285-39-7950 Company name: Dexerials Corporation Security code: 4980 Representative: Yoshihisa Shinya, Representative Director and President Contact: Quarterly Securities Report (Shihanki Hokokusho) filing date: Scheduled date of dividend payment: Preparation of supplementary briefing material on quarterly financial results: Yes Investors meeting presentation for quarterly financial results: Shinji Tomita, General Manager, IR Department, Corporate Strategy Division February 10, 2022 ‒ Listing: Tokyo Stock Exchange URL: https://www.dexerials.jp/en Yes (For securities analysts and institutional investors) (Note) Amounts of less than one million yen have been omitted. 1. Consolidated financial results for the nine months ended December 31, 2021 (from April 1, 2021 – December 31, 2021) (1) Consolidated operating results (cumulative) (Percentage indicates year-on-year changes) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Millions of yen % Millions of yen Nine months ended December 31, 2021 December 31, 2020 Note: Comprehensive income Note: EBITDA Note: Starting from the beginning of the fiscal year ending March 31, 2022, the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, March 72,115 49,193 For the nine months ended December 31, 2021: For the nine months ended December 31, 2020: For the nine months ended December 31, 2021: For the nine months ended December 31, 2020: ¥13,461 million ¥3,996 million ¥25,146 million ¥13,232 million [236.9%] [58.2%] [90.0%] [46.8%] % 208.0 45.7 12,710 4,126 20,713 8,585 19,336 8,275 % Millions of yen 133.7 96.5 141.3 94.7 % Millions of yen 46.6 9.9 31, 2020) has been applied. Basic earnings per share Diluted earnings per share Nine months ended December 31, 2021 December 31, 2020 Yen 208.81 67.84 Yen 207.37 67.46 (2) Consolidated financial position Total assets As of December 31, 2021 March 31, 2021 Millions of yen 106,364 95,201 Millions of yen 60,245 53,305 Reference: Capital (Shareholders’ equity + Accumulated other comprehensive income) 2. Dividends Net assets Capital to asset ratio Net assets per share % 56.6 56.0 Yen 1,000.47 874.66 As of December 31, 2021: As of March 31, 2021: ¥60,245 million ¥53,305 million Cash dividends per share First quarter-end Second quarter-end Third quarter-end Fiscal year-end Total Fiscal year Ended March 31, 2021 Ending March 31, 2022 Ending March 31, 2022 (Forecast) Yen ‒ ‒ Yen 17.00 30.00 Yen ‒ ‒ Yen 27.00 30.00 Yen 44.00 60.00 Note: Revisions to dividend forecast published most recently: None 3. Forecast of consolidated financial results for the fiscal year ending March 31, 2022 (from April 1, 2021 – March 31, 2022) Net sales Operating profit Ordinary profit (Percentage indicates year-on-year changes) Basic earnings per share Profit attributable to owners of parent Fiscal year Millions of yen 94,000 % Millions of yen 24,500 Note: Revisions to earnings forecast published most recently: Yes For more information on consolidated financial results, please refer to results briefing materials posted on our website (https://www.dexerials.jp/en/ir/library/) and a quarterly securities report to be filed on February 10, 2022 and other materials. % Millions of yen 22,400 % Millions of yen 14,500 % 172.1 106.6 116.1 42.8 Yen 238.33 [Notes] consolidation): None (1) Changes in significant subsidiaries during the current period (Changes in specified subsidiaries resulting in the change in scope of (2) Application of accounting methods used specifically for preparing the quarterly consolidated financial statements: None (3) Changes in accounting policies, changes in accounting estimates and restatements of prior period financial statements (a) Changes in accounting policies due to the application of new or revised accounting standards: Yes (b) Changes in accounting policies due to reasons other than above (a): (c) Changes in accounting estimates: (d) Restatements of prior period financial statements: Note: For further details, please see “1. Quarterly Consolidated Financial Statements and Notes, (3) Notes to quarterly consolidated financial statements (Changes in accounting policies) and (Changes in accounting estimates)” on page 6 of the attached materials. None Yes None (4) Number of shares of common stock issued (a) Number of shares issued (including treasury shares) (b) Number of treasury shares As of December 31, 2021: 4,211,709 shares (c) Average number of shares of common stock during the period As of December 31, 2021: 64,428,400 shares As of March 31, 2021: 64,276,700 shares As of March 31, 2021: 3,332,948 shares Nine months ended December 31, 2021: 60,872,403 shares Nine months ended December 31, 2020: 60,824,342 shares Notes: 1. As a result of the exercise of stock options during the third quarter of the fiscal year ending March 31, 2022, the number of shares issued as of December 31, 2021 has increased by 151,700 shares. 2. As the Company has introduced a stock compensation plan which delivers shares with restrictions on transfer, the Company’s shares are included in the number of treasury shares at the end of the period (293,800 shares as of December 31, 2021 and 293,800 shares as of December 31, 2020) mainly for the purpose of allotting them as restricted shares. 3. As the Company has introduced an Employee Stock Ownership Plan (“J-ESOP”) and a Board Benefit Trust (BBT), the number of shares of the Company held by the trust account is included in the number of treasury shares as of the end of the period. In addition, the number of shares of the Company held by the Trust (an average of 3,482,184 shares for the nine months ended December 31, 2021 and an average of 3,219,045 shares for the nine months ended December 31, 2020) was included in the number of treasury shares to be deducted in the calculation of the average number of shares of common stock during the period. * This consolidated financial results report is not subject to a quarterly review by certified public accountants or an audit firm. * Proper use of earnings forecast, and other special notes (Disclaimer with respect to earnings and other forecasts) The forward-looking statements including results forecasts contained in this document are based on information currently available to the Company and certain assumptions that the Company deems reasonable. Accordingly, the Company does not intend to promise their achievement. Actual results may differ from these forecasts and forward-looking statements due to various factors.