ハイマックス（4299） – [Delayed]Summary of Consolidated Financial Results for the Year Ended March 31, 2022 (Based on Japanese GAAP)

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) May 13, 2022 Company name: HIMACS,Ltd. Stock exchange listing: Tokyo Stock code: 4299 Representative: Inquiries: President/CEO Executive Officer URL https://www.himacs.jp/ Tsuyoshi Nakajima Corporate Management Division Director Kikuo Okada TEL 045-201-6655 Scheduled date of ordinary general meeting of shareholders: Scheduled date to file Securities Report: Scheduled date to commence dividend payments: June 17, 2022 June 20, 2022 June 20, 2022 Preparation of supplementary material on financial results: Holding of financial results meeting: 1. Consolidated financial results for the year ended March 31, 2022 (from April 1, 2021 to March 31, 2022) Yes Yes (for institutional investors and analysts) ((Amounts are rounded off to the nearest million yen))(1) Consolidated operating results Net sales Operating profit Ordinary profit Percentages indicate year-on-year changesProfit attributable to owners of parent Year ended March 31, 2022 Year ended March 31, 2021 Millions of yen 16,681 15,431 % Millions of yen 1,716 8.1 1,367 0.6 % Millions of yen 1,719 1,369 25.5 35.1 % Millions of yen 1,213 937 25.6 34.6 % 29.5 34.9 Earnings per share Diluted earnings per share Ordinary profit/total assets Operating profit/net sales Profit attributable to owners of parent/equity Yen 104.63 94.81 Yen – – % 13.4 11.2 % 14.6 12.7 Total assets Net assets Equity ratio Net assets per share Millions of yen 12,257 11,217 Millions of yen 9,510 8,615 % 77.6 76.8 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 948 1,077 Millions of yen (76)(38)Millions of yen (347)(437)Millions of yen 6,236 5,711 % 10.3 8.9 Yen 819.07 745.35 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 25.00 17.50 21.00 Yen – – – Yen 12.50 22.50 21.00 Yen Millions of yen – 40.00 42.00 267 464 % 26.4 38.2 40.2 % 3.2 5.1 Year ended March 31, 2022 Year ended March 31, 2021 (2) Consolidated financial position As of March 31, 2022 As of March 31, 2021 (3) Consolidated cash flows Year ended March 31, 2022 Year ended March 31, 2021 2. Cash dividends Year ended March 31, 2021 Year ended March 31, 2022 Year ending March 31, 2023 (Forecast) 13. 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 Millions of yen % Millions of yen % Millions of yen % Millions of yen 8,600 17,750 8.8 6.4 750 1,770 0.1 3.1 752 1,770 0.1 3.0 514 1,214 % 1.3 0.1 Yen 44.27 104.56 Percentages indicate year-on-year changesProfit attributable to owners of parent Earnings per share Six months ending September 30, 2022 Full year 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: No Yes No No No (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 12,412,992 shares As of March 31, 2021 12,412,992 shares As of March 31, 2022 802,894 shares As of March 31, 2021 854,614 shares Number of treasury shares at the end of the period Average number of shares during the period Year ended March 31, 2022 11,594,585 shares Year ended March 31, 2021 9,879,730 shares 2 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 Accounts receivable – trade Contract assets Work in process Supplies Other Total current assets Non-current assets Property, plant and equipment Buildings Accumulated depreciation Buildings, net Tools, furniture and fixtures Accumulated depreciation Tools, furniture and fixtures, net Total property, plant and equipment Intangible assets Investments and other assets Deferred tax assets Insurance funds Long-term time deposits Other Allowance for doubtful accounts Total investments and other assets Total non-current assets Total assets Liabilities Current liabilities Accounts payable – trade Income taxes payable Contract liabilities Other Total current liabilities Non-current liabilities Retirement benefit liability Other Total non-current liabilities Total liabilities Provision for bonuses Provision for bonuses for directors (and other officers) 3 6,361 2,339 – 25 3 61 8,789 195 (96) 100 119 (66) 53 153 60 383 550 1,100 184 (2) 2,215 2,428 11,217 646 352 – 665 33 609 288 9 297 7,386 2,485 274 61 3 77 10,286 196 (107) 89 99 (59) 40 129 41 429 580 600 193 (2) 1,800 1,970 12,257 792 359 30 754 34 467 302 9 311 2,305 2,436 2,602 2,747 As of March 31, 2021 As of March 31, 2022 (Millions of yen) Net assets Shareholders’ equity Share capital Capital surplus Retained earnings Treasury shares Total shareholders’ equity Accumulated other comprehensive income Valuation difference on available-for-sale securities Remeasurements of defined benefit plans Total accumulated other comprehensive income Total net assets Total liabilities and net assets 689 666 7,561 (327) 8,589 3 24 26 8,615 11,217 689 703 8,427 (308) 9,511 3 (4) (1) 9,510 12,257 4Consolidated 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 Selling, general and administrative expenses Operating profit Non-operating income Miscellaneous income Total non-operating income Non-operating expenses Miscellaneous losses Total non-operating expenses Ordinary profit Profit before income taxes Income taxes – current Income taxes – deferred Total income taxes Profit Profit attributable to owners of parent 15,431 12,450 2,982 1,615 1,367 9 9 7 7 1,369 1,369 447 (14) 433 937 937 16,681 13,374 3,306 1,590 1,716 7 7 4 4 1,719 1,719 540 (33) 506 1,213 1,213 5Consolidated 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 Remeasurements of defined benefit plans, net of tax Total other comprehensive income Comprehensive income Comprehensive income attributable to Comprehensive income attributable to owners of parent Comprehensive income attributable to non-controlling interests 937 (1) (15) (15) 921 921 – 1,213 (0) (27) (28) 1,186 1,186 – 6Consolidated 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 689 666 7,576 (883) (244) 937 (707) (14) 7,561 8,047 (244) 937 (192) 41 – – 542 8,589 (192) 748 556 (327) (244) 937 (192) 41 – (15) 526 8,615 Accumulated other comprehensive income Valuation difference on available-for-sale securities Remeasurements of defined benefit plans Total accumulated other comprehensive income Total net assets Balance at beginning of period 3 38 42 8,089 Changes during period Dividends of surplus Profit attributable to owners of parent Purchase of treasury shares Disposal of treasury shares Transfer from retained earnings to capital surplus Net changes in items other than shareholders’ equity Total changes during period Balance at end of period Changes during period Dividends of surplus Profit attributable to owners of parent Purchase of treasury shares Disposal of treasury shares Transfer from retained earnings to capital surplus Net changes in items other than shareholders’ equity Total changes during period Balance at end of period – 689 (707) 707 (0) 666 7(1) (1) 3 (15) (15) 24 (15) (15) 26 Fiscal year ended March 31, 2022 Share capital Capital surplus Retained earnings Treasury shares Shareholders’ equity (Millions of yen) Total shareholders’ equity Balance at beginning of period 689 666 7,561 (327) 8,589 689 666 7,561 (327) 8,589 Accumulated other comprehensive income Valuation difference on available-for-sale securities Remeasurements of defined benefit plans Total accumulated other comprehensive income Total net assets (348) 1,213 865 8,427 26 26 (28) (28) (1) – (348) 1,213 (2) 58 – 922 9,511 (2) 21 19 (308) 8,615 – 8,615 (348) 1,213 (2) 58 (28) 894 9,510 Cumulative effects of changes in accounting policies Restated balance Changes during period Dividends of surplus Profit attributable to owners of parent Purchase of treasury shares Disposal of treasury shares Net changes in items other than shareholders’ equity Total changes during period Balance at end of period Balance at beginning of period Cumulative effects of changes in accounting policies Restated balance Changes during period Dividends of surplus Profit attributable to owners of parent Purchase of treasury shares Disposal of treasury shares Net changes in items other than shareholders’ equity Total changes during period Balance at end of period – 689 3 3 (0) (0) 3 37 37 703 24 24 (27) (27) (4) 8Consolidated statements of cash flows (Millions of yen) Fiscal year ended March 31, 2021 Fiscal year ended March 31, 2022 Cash flows from operating activities Profit before income taxes Depreciation Increase (decrease) in provision for bonuses Increase (decrease) in provision for bonuses for directors (and other officers) Increase (decrease) in retirement benefit liability Decrease (increase) in trade receivables Increase (decrease) in advances received Decrease (increase) in inventories Increase (decrease) in trade payables Interest and dividend income Other, net Subtotal Interest and dividends received Income taxes paid Net cash provided by (used in) operating activities Cash flows from investing activities Payments of leasehold and guarantee deposits Proceeds from refund of leasehold and guarantee deposits Purchase of insurance funds Proceeds from cancellation of insurance funds Purchase of property, plant and equipment and intangible assets Payments into time deposits Proceeds from withdrawal of time deposits Other, net Net cash provided by (used in) investing activities Cash flows from financing activities Dividends paid Purchase of treasury shares Other, net Net cash provided by (used in) financing activities Net increase (decrease) in cash and cash equivalents Cash and cash equivalents at beginning of period Cash and cash equivalents at end of period 1,369 42 59 13 (43) (251) 11 18 6 (0) 101 1,327 0 (250) 1,077 (31) 20 (57) 68 (41) (1,300) 1,300 (38) (244) (193) 2 0 (437) 602 5,109 5,711 1,719 51 89 1 (26) (420) 5 (36) 146 (0) (45) 1,484 (536) 948 0 – – (30) – (46) (1,300) 1,300 (76) (348) (2) – 3 (347) 524 5,711 6,236 9