トーカロ（3433） – [Delayed] Summary of Consolidated Financial Results for the Fiscal Year Ended March 31, 2022

Summary of Consolidated Financial Results for the Fiscal Year Ended March 31, 2022 [Japanese GAAP] Listed company’s name: TOCALO Co., Ltd. Stock code: Representative: Contact: Scheduled date of Annual General Meeting of Shareholders: June 24, 2022 June 27, 2022 Scheduled date of commencing dividend payments: Scheduled date of filing annual securities report: June 27, 2022 Availability of supplementary briefing material on annual financial results: Yes Schedule of annual financial results briefing session: Yes (for institutional investors and analysts) Noriyuki MIFUNE, President and Executive Officer Hiroshi GOTO, Managing Executive Officer URL https://www.tocalo.co.jp/ May 10, 2022 Stock Exchange Listing: Tokyo Phone: +81-78-303-3433 3433 (Amounts in millions of yen rounded down to the nearest million yen) 1. Consolidated Financial Results for the Fiscal Year Ended March 31, 2022 (April 1, 2021 to March 31, 2022) (1) Consolidated Operating Results (Percentages indicate changes from the same period of the previous fiscal year) Net sales Operating profit Recurring profit Net income attributable to owners of parent Fiscal year ended March 31, 2022 March 31, 2021 Million yen 43,813 39,294 % 11.5 3.2 Million yen 10,255 8,890 % 15.4 32.2 Million yen 10,571 8,914 % 18.6 30.9 Million yen 6,909 5,463 % 26.5 24.0 (Note) Comprehensive income: Fiscal year ended March 31, 2022: 8,274 million yen [ 39.9 % ] Fiscal year ended March 31, 2021: 5,916 million yen [ 24.9 % ] Basic earnings per share Diluted earnings per share Rate of return on equity Recurring profit to total assets ratio Operating profit to net sales ratio Fiscal year ended March 31, 2022 March 31, 2021 % Yen – 23.4 – 22.6 (Reference) Equity in earnings (losses) of affiliated companies: Fiscal year ended March 31, 2022: – million yen Fiscal year ended March 31, 2021: – million yen Yen 113.62 89.86 % 14.8 12.9 % 15.8 14.2 (Note) The Company has applied “Accounting Standard for Revenue Recognition” (ASBJ Statement No.29, March 31, 2020) from the beginning of the fiscal year under review. The presentation method has been changed from the fiscal year under review, and therefore, with regard to net sales, operating profit in the Consolidated Operating Results, the Company states figures and year-on-year changes after reclassification that reflect this change in the presentation method. (2) Consolidated Financial Position Total assets Net assets Equity ratio Net assets per share As of March 31, 2022 March 31, 2021 Million yen 69,517 64,183 (Reference) Equity: As of March 31, 2022: As of March 31, 2021: (3) Consolidated Cash Flows Million yen 52,459 46,891 49,099 million yen 44,201 million yen Fiscal year ended March 31, 2022 March 31, 2021 Million yen 9,873 10,588 Million yen ,044) ,615) (5(4- 1 – Cash flows from operating activities Cash flows from investing activities Cash flows from financing activities % 70.6 68.9 Yen 807.31 727.06 Cash and cash equivalents at the end of period Million yen (4,547) (3,798) Million yen 19,141 18,672 Annual dividends per share 1st quarter-end Yen – – 2nd quarter-end Yen 12.50 20.00 3rd quarter-end Yen – – Year-end Total Yen 22.50 25.00 Yen Million yen 2,127 2,736 35.00 45.00 Total dividends Payout ratio (consolidated) Dividends to net assets (consolidated) % 38.9 39.6 38.1 % 5.0 5.9 – 22.50 – 22.50 45.00 (Note) Please refer to the press release “Announcement on Dividends for the Fiscal Year Ended March 31, 2022” 2. Dividends Fiscal year ended March 31, 2021 March 31, 2022 Fiscal year ending March 31, 2023 (Forecast) published today. 3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2023 (April 1, 2022 to March 31, 2023) (Percentages indicate changes from the same period of the previous fiscal year) Net sales Operating profit Recurring profit Million yen % Million yen % Million yen % Million yen % Second quarter (cumulative) Full year 22,900 47,500 8.5 8.4 5,200 11,000 1.7 7.3 5,200 (0.4) 3,400 (1.4) 11,000 4.1 7,184 4.0 55.90 118.12 Net income attributable to owners of parent Basic earnings per share Yen Notes (1) Changes in significant subsidiaries during the period (Changes in specified subsidiaries associated with changes in scope of consolidation): None (2) Changes in accounting policies, changes in accounting estimates and restatements 1) Changes in accounting policies along with changes in accounting standards: Yes 2) Changes in accounting policies other than 1) above: None 3) Changes in accounting estimates: None 4) Restatements: None (3) Number of shares issued and outstanding (common stock) 1) Number of shares issued as of period-end (including treasury stock) 2) Number of shares held in treasury as of period-end As of March 31, 2022: As of March 31, 2021: As of March 31, 2022: As of March 31, 2021: 63,200,000 shares 63,200,000 shares 2,381,222 shares 2,405,136 shares 3) Average number of shares during respective periods Fiscal Year ended March 31, 2022: 60,809,521 shares Fiscal Year ended March 31, 2021: 60,794,864 shares – 2 – (Reference) Summary of Non-consolidated Financial Results Non-Consolidated Financial Results for the Fiscal Year Ended March 31, 2022 (April 1, 2021 to March 31, 2022) (1) Non-Consolidated Operating Results (Percentages indicate changes from the same period of the previous fiscal year) Net sales Operating profit Recurring profit Net income Fiscal year ended March 31, 2022 March 31, 2021 Million yen 36,487 33,122 % 10.2 5.3 Million yen 8,271 7,186 % 15.1 39.9 Million yen 8,917 7,531 % 18.4 36.4 Million yen 6,324 4,756 % 33.0 19.5 Basic earnings per share Diluted earnings per share Fiscal year ended March 31, 2022 March 31, 2021 Yen 104.01 78.23 Yen – – (Note) The Company has applied “Accounting Standard for Revenue Recognition” (ASBJ Statement No.29, March 31, 2020) from the beginning of the fiscal year under review. The presentation method has been changed from the fiscal year under review, and therefore, with regard to net sales, operating profit in the Consolidated Operating Results, the Company states figures and year-on-year changes after reclassification that reflect this change in the presentation method. (2) Non-Consolidated Financial Position Total assets Net assets Equity ratio Net assets per share As of March 31, 2022 March 31, 2021 Million yen 59,331 55,976 (Reference) Equity: As of March 31, 2022: As of March 31, 2021: Million yen 44,226 40,452 44,226 million yen 40,452 million yen % 74.5 72.3 Yen 727.19 665.40 * This Summary of Consolidated Financial Results is outside the scope of external auditor’s audit procedures under the Financial Instruments and Exchange Act. * Appropriate Use of Financial Forecasts and Other Important Matters The financial forecasts and estimates in this Summary of Consolidated Financial Results are based on information available to the Company at the time of report issuance and certain assumptions judged to be reasonable by the Company, and therefore are not guarantees of future performance. Consequently, actual results may differ substantially from those described in this Summary of Consolidated Financial Results. – 3 –