トーメンデバイス（2737） – ［Delayed］Summary of Consolidated Financial Results for the Year Ended March 31, 2022

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 Year Ended March 31, 2022 (Based on Japanese GAAP) Company name: TOMEN DEVICES CORPORATION Stock exchange listing: Tokyo Stock code: 2737 URL https://www.tomendevices.co.jp April 26, 2022Representative: Inquiries: President General manager,Accounting Department Ichiro Tsumaki Hideki Hara TEL 03-3536-9150 Scheduled date of ordinary general meeting of shareholders: Scheduled date to file Securities Report: Scheduled date to commence dividend payments: Preparation of supplementary material on financial results: June 23, 2022 June 24, 2022 June 24, 2022 Yes Yes Holding of financial results meeting: (1) Consolidated operating results 1. Consolidated financial results for the year ended March 31, 2022 (from April 1, 2021 to March 31, 2022) (Amounts less than one million yen are rounded down)Net sales Operating profit Ordinary profit Percentages indicate year-on-year changesProfit attributable to owners of parent Millions of yen 462,822 302,385 % Millions of yen 10,629 4,997 53.1 16.1 % Millions of yen 8,478 4,561 112.7 10.4 % Millions of yen 6,379 3,446 85.9 4.3 % 85.1 1.9 Year ended March 31, 2022 Year ended March 31, 2021 Note: Comprehensive income Year ended March 31, 2022 Year ended March 31, 2021 ¥7,864 million [115.3%] ¥3,653 million [13.2%] Earnings per share Profit attributable to owners of parent/equity Ordinary profit/total assets Operating profit/net sales Yen 938.04 506.68 % 18.0 10.8 % 7.2 4.3 % 2.3 1.7 Year ended March 31, 2022 Year ended March 31, 2021 ¥39 million ¥15 million Year ended March 31, 2022 Year ended March 31, 2021 Reference: Share of profit (loss) of entities accounted for using equity method (2) Consolidated financial position Total assets Net assets Equity ratio Net assets per share Millions of yen 116,990 119,889 Millions of yen 39,364 32,801 % 33.0 26.8 Yen 5,673.96 4,729.45 As of March 31, 2022 As of March 31, 2021 ¥38,589 million ¥32,166 million Cash flows from operating activities Cash flows from investing activities Cash flows from financing activities Cash and cash equivalents at end of period Millions of yen 5,896 (11,583)Millions of yen (183)(30)Millions of yen (7,597)11,296 Millions of yen 8,216 9,550 As of March 31, 2022 As of March 31, 2021 Reference: Equity (3) Consolidated cash flows Year ended March 31, 2022 Year ended March 31, 2021 1 2. Cash dividends Year ended March 31, 2021 Year ended March 31, 2022 Year ending March 31, 2023 (Forecast) Annual dividends per share 1st quarter-end 2nd quarter-end 3rd quarter-end Fiscal year-end Total Total cash dividends (Total) Dividend payout ratio (Consolidated) Ratio of dividends to net assets (Consolidated) Yen – – – Yen 0.00 0.00 0.00 Yen Millions of yen Yen – – – Yen 170.00 300.00 170.00 300.00 300.00 300.00 1,156 2,040 % 33.6 32.0 37.1 % 3.6 5.8 3. Forecast of consolidated financial results for the year ending March 31, 2023 (from April 1, 2022 to March 31, 2023) 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 440,000 % Millions of yen 7,700 (4.9)% Millions of yen 7,000 (27.6)% Millions of yen 5,500 (17.4)% (13.8)Yen 808.69 4. Notes (1) Changes in significant subsidiaries during the year ended March 31, 2022 (changes in specified subsidiaries resulting in the change in scope of consolidation): (2) 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: (3) Number of issued shares (common shares) Total number of issued shares at the end of the period (including treasury shares) As of March 31, 2022 6,802,000 shares As of March 31, 2021 6,802,000 shares Number of treasury shares at the end of the period Average number of shares during the period As of March 31, 2022 935 shares As of March 31, 2021 774 shares Year ended March 31, 2022 6,801,137 shares Year ended March 31, 2021 6,801,264 shares No Yes No No No 2 Reference: Summary of non-consolidated financial results 1. Non-consolidated financial results for the year ended March 31, 2022 (from April 1, 2021 to March 31, 2022) (1) Non-consolidated operating results Percentages indicate year-on-year changesYear ended March 31, 2022 Year ended March 31, 2021 Net sales Operating profit Ordinary profit Profit Millions of yen 219,666 146,349 % Millions of yen 4,880 1,983 50.1 19.5 % Millions of yen 3,451 1,641 146.1 38.0 % Millions of yen 2,394 1,117 110.3 37.4 % 114.2 36.3 Earnings per share Yen 352.02 164.32 Year ended March 31, 2022 Year ended March 31, 2021 (2) Non-consolidated financial position Total assets Net assets Equity ratio Net assets per share Millions of yen 98,659 82,879 Millions of yen 27,056 25,990 % 27.4 31.4 Yen 3,978.21 3,821.44 As of March 31, 2022 As of March 31, 2021 As of March 31, 2022 As of March 31, 2021 Reference: Equity * Financial results reports are exempt from audit conducted by certified public accountants or an audit corporation. * Proper use of forecasts of financial results, and other special matters ¥27,056 million ¥25,990 million The forward-looking statements, including earnings forecasts, contained in these materials are based on information currently available to the Company and on certain assumptions deemed to be reasonable. Consequently, any statements herein do not constitute assurances regarding actual results by the Company. Actual business and other results may differ substantially due to various factors. 3 As of March 31, 2021 As of March 31, 2022 (Millions of yen) Consolidated financial statements Consolidated balance sheets Assets Current assets Cash and deposits Notes and accounts receivable – trade Electronically recorded monetary claims – operating Merchandise Advance payments to suppliers Deposits paid Other Allowance for doubtful accounts Total current assets Non-current assets Property, plant and equipment Buildings Accumulated depreciation Buildings, net Other Accumulated depreciation Other, net Total property, plant and equipment Intangible assets Investments and other assets Investment securities Deferred tax assets Other Total investments and other assets Total non-current assets Total assets 3,197 58,070 3,958 43,921 1,558 6,352 1,296 (69) 118,286 114 (92) 22 152 (102) 50 73 143 833 400 151 1,385 1,603 119,889 6,713 58,574 7,099 40,163 208 1,503 809 (72) 114,998 115 (95) 20 514 (135) 379 399 82 760 565 183 1,509 1,991 116,990 4 As of March 31, 2021 As of March 31, 2022 (Millions of yen) Liabilities Current liabilities Accounts payable – trade Short-term borrowings Income taxes payable Advances received Provision for bonuses Accounts payable – other Other Total current liabilities Non-current liabilities Retirement benefit liability Deferred tax liabilities Other Total non-current liabilities Total liabilities Net assets Shareholders’ equity Share capital 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 Total accumulated other comprehensive income Non-controlling interests Total net assets Total liabilities and net assets 45,690 14,602 439 10,437 182 14,722 504 86,578 470 – 39 510 87,088 2,054 29,567 (1) 31,619 248 (136) 434 546 634 32,801 119,889 47,884 9,500 1,249 425 330 14,981 2,722 77,094 490 0 40 531 77,625 2,054 34,786 (2) 36,838 177 (237) 1,810 1,750 775 39,364 116,990 5Consolidated statements of income and consolidated statements of comprehensive income Consolidated statements of income (Millions of yen) Fiscal year ended March 31, 2021 Fiscal year ended March 31, 2022 Net sales Cost of sales Gross profit Operating profit Non-operating income Interest income Selling, general and administrative expenses Dividend income Share of profit of entities accounted for using equity method Gain on sale of investment securities Other Total non-operating income Non-operating expenses Interest expenses Loss on sale of receivables 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 non-controlling interests Profit attributable to owners of parent 302,385 294,526 7,859 2,861 4,997 8 17 15 – 48 89 17 3 485 19 525 4,561 4,561 1,099 (78) 1,020 3,540 94 3,446 462,822 448,491 14,330 3,700 10,629 3 18 39 14 34 110 108 484 1,642 26 2,261 8,478 8,478 1,979 (88) 1,890 6,587 207 6,379 6Consolidated statements of comprehensive income (Millions of yen) Fiscal year ended March 31, 2021 Fiscal year ended March 31, 2022 Profit Other comprehensive income Valuation difference on available-for-sale securities Deferred gains or losses on hedges Foreign currency translation adjustment Total other comprehensive income Comprehensive income Comprehensive income attributable to Comprehensive income attributable to owners of parent Comprehensive income attributable to non-controlling interests 3,540 111 (114) 114 112 3,653 3,547 105 6,587 (70) (101) 1,448 1,276 7,864 7,584 279 7Consolidated statements of changes in equity Fiscal year ended March 31, 2021 Share capital Capital surplus Retained earnings Treasury shares Shareholders’ equity (Millions of yen) Total shareholders’ equity Balance at beginning of period 2,054 1,984 27,169 (1) (2,120) 136 (1,984) – (1,020) 3,446 109 (136) 2,398 29,567 Changes during period Dividends of surplus Profit attributable to owners of parent Purchase of treasury shares Change in ownership interest of parent due to transactions with non-controlling interests Change in scope of consolidation Transfer from retained earnings to capital surplus Net changes in items other than shareholders’ equity Total changes during period Balance at end of period – 2,054 Accumulated other comprehensive income Valuation difference on available-for-sale securities Deferred gains or losses on hedges Foreign currency translation adjustment Total accumulated other comprehensive income Non-controlling interests Total net assets Balance at beginning of period 136 (21) 330 445 266 31,917 Changes during period Dividends of surplus Profit attributable to owners of parent Purchase of treasury shares Change in ownership interest of parent due to transactions with non-controlling interests Change in scope of consolidation Transfer from retained earnings to capital surplus Net changes in items other than shareholders’ equity Total changes during period Balance at end of period 111 111 248 103 103 434 101 101 546 (0) (0) (1) 368 368 634 31,205 (1,020) 3,446 (0) (2,120) 109 – 413 31,619 (1,020) 3,446 (0) (2,120) 109 – 469 883 32,801 (114) (114) (136) 8 Share capital Capital surplus Retained earnings Treasury shares Shareholders’ equity (Millions of yen) Total shareholders’ equity Balance at beginning of period 2,054 – 29,567 (1) (0) 140 140 775 31,619 (1,156) 6,379 (0) (4) – – (1,156) 6,379 (0) (4) – – 1,345 6,563 39,364 Total changes during period Balance at end of period – 2,054 (0) (2) 5,218 36,838 Accumulated other comprehensive income Valuation difference on available-for-sale securities Deferred gains or losses on hedges Foreign currency translation adjustment Total accumulated other comprehensive income Non-controlling interests Total net assets Balance at beginning of period 248 (136) 434 546 634 32,801 4 – – (4) (1,156) 6,379 (4) 5,219 34,786 (70) (70) 177 (101) (101) (237) 1,376 1,376 1,810 1,204 1,204 1,750 Fiscal year ended March 31, 2022 Changes during period Dividends of surplus Profit attributable to owners of parent Purchase of treasury shares Change in ownership interest of parent due to transactions with non-controlling interests Change in scope of consolidation Transfer from retained earnings to capital surplus Net changes in items other than shareholders’ equity Changes during period Dividends of surplus Profit attributable to owners of parent Purchase of treasury shares Change in ownership interest of parent due to transactions with non-controlling interests Change in scope of consolidation Transfer from retained earnings to capital surplus Net changes in items other than shareholders’ equity Total changes during period Balance at end of period 9Consolidated statements of cash flows (Millions of yen) Fiscal year ended March 31, 2021 Fiscal year ended March 31, 2022 4,561 113 (5) 41 30 (15) (26) 17 205 (6,982) (20,492) 1,438 8,359 967 2,470 (1,106) (10,422) 33 (17) (1,177) (11,583) (7) (19) (3) (30) 13,889 (37) (0) (1,020) (1,965) 431 11,296 (35) (353) 9,904 9,550 8,478 149 147 20 (71) (39) (22) 108 214 (1,264) 5,740 1,387 (418) (10,187) 373 2,552 7,167 29 (108) (1,192) 5,896 (149) (6) (27) (183) (5,941) (24) (0) (1,156) (472) – (7,597) 551 (1,333) 9,550 8,216 Cash flows from operating activities Profit before income taxes Depreciation Increase (decrease) in provision for bonuses Increase (decrease) in retirement benefit liability Increase (decrease) in allowance for doubtful accounts Share of loss (profit) of entities accounted for using equity method Interest and dividend income Interest expenses Foreign exchange losses (gains) Decrease (increase) in trade receivables Decrease (increase) in inventories Decrease (increase) in advance payments to suppliers Increase (decrease) in trade payables Increase (decrease) in advances received Increase (decrease) in accounts payable – other Other, net Subtotal Interest and dividends received Interest paid Income taxes paid Net cash provided by (used in) operating activities Cash flows from investing activities Purchase of property, plant and equipment Purchase of intangible assets Other, net Net cash provided by (used in) investing activities Cash flows from financing activities Net increase (decrease) in short-term borrowings Repayments of lease liabilities Purchase of treasury shares Dividends paid Purchase of shares of subsidiaries not resulting in change in scope of consolidation Proceeds from share issuance to non-controlling shareholders Net cash provided by (used in) financing activities Effect of exchange rate change on cash and cash equivalents Net increase (decrease) in cash and cash equivalents Cash and cash equivalents at beginning of period Cash and cash equivalents at end of period 10