亀田製菓（2220） – Summary of Financial Results 2022

Consolidated Financial Results (Japanese Accounting Standards) for the FY2021 (Ended March 31, 2022) (English Translation) May 9, 2022 KAMEDA SEIKA CO., LTD. Tokyo Stock Exchange 2220 www.kamedaseika.co.jp Company name: Stock exchange: Stock code: URL: Representative: Contact: Tel. +81-25-382-2111 Scheduled date of ordinary shareholder’s meeting: June 14, 2022 Scheduled date of commencement of dividend payment: June 15, 2022 June 14, 2022 Scheduled date for filing of securities report: Supplementary documents for financial results: Yes Financial results briefing: Isamu Sato, President and COO Akira Kobayashi, General Manager Administrative Div. Director & CFO Yes (for analysts and institutional investors) 1. Consolidated Financial Results for the fiscal Year Ended March 31, 2022(April 1, 2021 – March 31, 2022) (1) Consolidated Results of Operations (Percentages show year-on-year changes.) (All amounts are rounded down to the nearest million yen) ¥ million Year ended 85,163 March 31, 2022 March 31, 2021 103,305 (Note) Comprehensive income: Net sales Ordinary income Operating income Net income attributable to owners of the parent % ¥ million % － -6.9 4,428 -0.5 6.6 4,757 ¥ 6,898 million (9.3%) for the fiscal year ended March 31, 2022 ¥ 6,314 million (116.2%) for the fiscal year ended March 31, 2021 ¥ million 6,099 6,889 ¥ million 4,863 5,620 % -13.5 -3.3 % -11.5 -0.3 Net income per share (basic) Net income per share (diluted) Return on equity Ratio of ordinary income to total assets Ratio of operating income to net sales Year ended March 31, 2022 March 31, 2021 (Reference) Equity in earnings of affiliates: (Note) The Company has applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, ¥ － － ¥ 706 million for the fiscal year ended March 31, 2022 ¥ 926 million for the fiscal year ended March 31, 2021 ¥ 210.05 225.62 % 7.3 8.6 % 6.2 7.7 % 5.7 5.4 March 31, 2020), etc. from the beginning of the first quarter of the current consolidated fiscal year. The figures for the FY2021 ended March 31, 2022 represent figures after the application of the accounting standard, etc. Accordingly, the year-on-year percentage change in net sales is not stated. (2) Consolidated Results of Operations Total assets Net assets Equity ratio Net assets per share ¥ million 102,955 92,888 As of March 31, 2022 As of March 31, 2021 (Reference) Shareholder’s equity: As of March 31, 2022: ¥ 63,424 million As of March 31, 2021: ¥ 58,217 million (Note) The Company has applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, March 31, 2020), etc. from the beginning of the first quarter of the current consolidated fiscal year. The figures for the FY2021 ended March 31, 2022 represent figures after the application of the accounting standard, etc. ¥ million 65,722 59,895 ¥ 3,008.21 2,761.24 % 61.6 62.7 (3) Consolidated Cash Flow Cash flows from operating activities Cash flows from investing activities Cash flows from financing activities Year ended March 31, 2022 March 31, 2021 ¥ million 8,305 8,671 ¥ million -9,841 -6,337 Cash and cash equivalents at end of fiscal year ¥ million 5,944 6,505 ¥ million 1,198 -257 2. Dividends Year ended March 31, 2021 Year ended March 31, 2022 Year ending March 31, 2023 (forecasts) End of first quarter ¥ Dividend per share End of third quarter ¥ End of second quarter ¥ － － － 15.00 15.00 15.00 － － － Year-end Annual Total dividends (annual) Payout ratio (consolidated) ¥ ¥ ¥ million 38.00 53.00 1,117 39.00 54.00 1,138 % 23.5 25.7 40.00 55.00 31.3 Ratio of dividends to net assets (consolidated) % 2.0 1.9 3. Forecasts of Consolidated Financial Results for the Fiscal year Ending March 31, 2023 (April 1, 2022 – March 31, 2023) (Percentage figures for the fiscal year represent the changes from the previous year, While percentage figures for the six months’ period represent the changes from the same period of the previous year) Net income attributable to owners of the parent ¥ million Net income per share Net sales Operating income Ordinary income Six months ending September 30, 2022 ¥ million % ¥ million % ¥ million % % ¥ 44,000 11.0 1,400 10.8 1,900 21.8 1,200 -30.4 56.92 92,000 Year ending March 31, 2023 * Notes (1) Changes of important subsidiaries during the period (changes of specific subsidiaries in accordance with changes in 5,000 5,900 3,700 -16.5 -3.3 8.0 2.8 175.49 the scope of consolidation): Yes 1 new company (Company name) THIEN HA KAMEDA, JSC. (Note) For details, please refer to p.15 of the Appendix,“3. Quarterly Consolidated Financial Statements and Major Notes (5) Notes to the Quarterly Consolidated Financial Statements (Important Notes on the Basis of Preparation of the Financial Statements)” (2) Changes in accounting policies and changes or restatement of accounting estimates (i) Changes in accounting policies caused by revision of accounting standards (ii) Changes in accounting policies other than (i) (iii) Changes in accounting estimates (iv) Restatement :Yes :None :None :None (3) Number of shares outstanding (common stock): (i) Number of shares outstanding at end of period (including treasury stock) (ii) Number of treasury stock at end of period As of March 31, 2022: As of March 31, 2021: As of March 31, 2022: As of March 31, 2021: (iii) Average number of shares outstanding during the term 22,318,650 shares 22,318,650 shares 1,234,971 shares 1,234,695 shares 21,083,840 shares 21,084,005 shares Year ended March 31, 2022: Year ended March 31, 2021: (Reference) Summary of Non-Consolidated Financial Results 1. Non-Consolidated Financial Results for the fiscal Year Ended March 31, 2022(April 1, 2021 – March 31, 2022) (1) Non-Consolidated Results of Operations (Percentages show year-on-year changes) Operating income Ordinary income Net income Net sales ¥ million 58,664 % － ¥ million % ¥ million % ¥ million % 3,261 -21.4 5,063 -13.7 3,434 -17.3 78,108 1.2 4,148 -0.9 5,869 37.0 4,153 65.5 Year ended March 31, 2022 Year ended March 31, 2021 Net income Per share (basic) Net income Per share (diluted) ¥ ¥ Year ended March 31, 2022 Year ended March 31, 2021 (Note) The Company has applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 162.91 197.01 － － March 31, 2020), etc. from the beginning of the first quarter of the current consolidated fiscal year. The figures for the FY2021 ended March 31, 2022 represent figures after the application of the accounting standard, etc. Accordingly, the year-on-year percentage change in net sales is not stated. (2) Non-Consolidated Financial Position Total assets ¥ million Year ended March 31, 2022 Year ended March 31, 2021 75,901 70,518 Net assets Equity ratio ¥ million 43,406 41,501 Net assets per share ¥ 2,058.77 1,968.41 % 57.2 58.9 (Reference) Shareholder’s equity: Year ended March 31, 2022: ¥ 43,406 million Year ended March 31, 2021: ¥ 41,501 million (Note) The Company has applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, March 31, 2020), etc. from the beginning of the first quarter of the current consolidated fiscal year. The figures for the FY2021 ended March 31, 2022 represent figures after the application of the accounting standard, etc. * These financial results are not subject to auditing. * Statement regarding the appropriate use of operating forecasts and special notes (Caution concerning statements, etc. regarding the future) The forward-looking statements such as performance forecasts included in this document are based on the information available to the Company at the time of the announcement and on certain assumptions considered reasonable. Actual results may differ significantly from these forecasts due to various factors. See “1. Summary of Consolidated Operating Results etc. (4) Future Prospects” on p.6 of the Appendix for the conditions assumed in consolidated forecasts and notes on the use of consolidated forecasts. (How to obtain supplementary explanatory materials on financial results and details of financial results briefing session) The Company intends to hold a web conference for analysts and institutional investors on Tuesday, May 24, 2022. Any explanatory materials used on that day will be available on the Company’s website before the session starts.