ユアサ商事（8074） – Summary of Consolidated Financial Results for the Nine Months Ended December 31, 2021(Under Japanese GAAP)

Note: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. February 4, 2022 Summary of Consolidated Financial Results for the Nine Months Ended December 31, 2021 (Under Japanese GAAP) Tokyo Stock Exchange 8074 https://www.yuasa.co.jp Hiroyuki Tamura, Representative Director, President & CEO Hideki Tani, General Manager Finance Dept. +81-3-6369-1366 Company name: YUASA TRADING CO., LTD. Listing: Securities code: URL: Representative: Inquiries: Telephone: Scheduled date to file quarterly securities report: Scheduled date to commence dividend payments: Preparation of supplementary material on quarterly financial results: None Holding of quarterly financial results briefing: None February 8, 2022 – (Yen amounts are rounded down to millions, unless otherwise noted.) 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) (Percentages indicate year-on-year changes.) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Nine months ended Millions of yen % Millions of yen % Millions of yen % Millions of yen % December 31, 2021 326,190 – December 31, 2020 311,620 (13.6) 6,945 21.5 5,718 (33.0) 6,512 0.8 6,458 (30.5) 4,701 9.2 4,306 (33.2) Notes: 1. YUASA TRADING CO., LTD. (the “Company”) has applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, March 31, 2020) and relevant revised ASBJ regulations from the beginning of the first quarter of the fiscal year ending March 31, 2022, and each figure for the nine months ended December 31, 2021, is the figure after applying said accounting standard and relevant revised ASBJ regulations. The percentage of year-on-year change is not shown for net sales. If said standard, etc. were not applied, net sales would be ¥339,170 million (up 8.8% year on year). 2. Comprehensive income For the nine months ended December 31, 2021: ¥2,744 million For the nine months ended December 31, 2020: ¥5,528 million [(50.4)%] [(11.2)%] Basic earnings per share Diluted earnings per share Nine months ended December 31, 2021 December 31, 2020 Yen 212.69 194.38 Yen 211.33 193.03 (2) Consolidated financial position Total assets Net assets Equity-to-asset ratio As of December 31, 2021 March 31, 2021 Reference: Equity Millions of yen Millions of yen 249,713 237,487 90,358 90,242 As of December 31, 2021: As of March 31, 2021: ¥89,748 million ¥89,601 million % 35.9 37.7 2. Cash dividends Fiscal year ended March 31, 2021 Fiscal year ending March 31, 2022 Fiscal year ending March 31, 2022 (Forecast) 31, 2022) First quarter-end Second quarter-end Third quarter-end Fiscal year-end Total Annual dividends per share Yen – – Yen 30.00 49.00 Yen – – Yen 70.00 Yen 100.00 74.00 123.00 Note: Revisions to the forecast of cash dividends most recently announced: None 3. Consolidated earnings forecasts for the fiscal year ending March 31, 2022 (from April 1, 2021 to March Net sales Operating profit Ordinary profit (Percentages indicate year-on-year changes.) Profit attributable to owners of parent Basic earnings per share Millions of yen % Millions of yen % Millions of yen % Millions of yen Full year 471,000 – 11,700 30.2 11,300 12.9 7,600 % 9.7 Yen 343.83 Notes: 1. Revisions to the earnings forecasts most recently announced: None 2. The Company has applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, March 31, 2020) and relevant revised ASBJ regulations from the beginning of the first quarter of the fiscal year ending March 31, 2022, and the consolidated earnings forecasts above are based on the figures after applying said accounting standard and relevant revised ASBJ regulations. The percentage of year-on-year change is not shown for net sales. If said standard, etc. were not applied, net sales would be ¥492,000 million for the full year (up 13.8% year on year). * Notes None (1) Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in the change in scope of consolidation): None (2) Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: (3) Changes in accounting policies, changes in accounting estimates, and restatement (i) Changes in accounting policies due to revisions to accounting standards and other regulations: Yes (ii) Changes in accounting policies due to other reasons: None (iii) Changes in accounting estimates: None (iv) Restatement: None (4) Number of issued shares (common shares) (i) Total number of issued shares at the end of the period (including treasury shares) (ii) Number of treasury shares at the end of the period As of December 31, 2021 As of March 31, 2021 As of December 31, 2021 As of March 31, 2021 year) Nine months ended December 31, 2021 Nine months ended December 31, 2020 23,155,882 shares 23,155,882 shares 1,048,789 shares 1,071,190 shares 22,105,008 shares 22,157,340 shares (iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscal Note: The shares of the Company held by the “Board Incentive Plan (BIP) Trust” are included in the number of treasury shares at the end of the period (188,917 shares as of December 31, 2021 and 196,129 shares as of March 31, 2021). Also, the shares of the Company held by the “Board Incentive Plan (BIP) Trust” are included in treasury shares that are deducted for calculation of the average number of shares outstanding during the period (cumulative from the beginning of the fiscal year) (191,321 shares for the nine months ended December 31, 2021 and 129,455 shares for the nine months ended December 31, 2020). * Quarterly financial results reports are exempt from quarterly review conducted by certified public accountants or an audit corporation. * Proper use of earnings forecasts, and other special matters (Caution regarding forward-looking statements) The forward-looking statements, including earnings forecasts, contained in this document are based on information currently available to the Company and on certain assumptions deemed to be reasonable. These statements do not purport that the Company pledges to realize such statements. Actual business and other results may differ substantially due to various factors.