ユアサ商事（8074） – Summary of Consolidated Financial Results for the Fiscal Year Ended March 31, 2022 (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. May 13, 2022 Summary of Consolidated Financial Results for the Fiscal Year Ended March 31, 2022 (Under Japanese GAAP) Company name: YUASA TRADING CO., LTD. Tokyo Stock Exchange Listing: 8074 Securities code: https://www.yuasa.co.jp URL: Hiroyuki Tamura, Representative Director, President & CEO Representative: Hideki Tani, General Manager Finance Dept. Inquiries: Telephone: +81-3-6369-1366 Scheduled date of ordinary general meeting of shareholders: Scheduled date to commence dividend payments: Scheduled date to file annual securities report: Preparation of supplementary material on financial results: Holding of financial results briefing: June 24, 2022 June 6, 2022 June 24, 2022 Yes Yes 1. Consolidated financial results for the fiscal year ended March 31, 2022 (from April 1, 2021 to March 31, (Yen amounts are rounded down to millions, unless otherwise noted.) 2022) (1) Consolidated operating results (Percentages indicate year-on-year changes.) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Fiscal year ended March 31, 2022 March 31, 2021 Millions of yen % Millions of yen % Millions of yen % Millions of yen % 462,725 – 11,880 32.3 11,744 17.3 432,185 (12.0) 8,983 (24.3) 10,011 (21.8) 8,058 16.3 6,930 (22.6) 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 fiscal year ended March 31, 2022, and each figure for the fiscal year ended March 31, 2022, 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 ¥480,193 million (up 11.1% year on year). 2. Comprehensive income For the fiscal year ended March 31, 2022: For the fiscal year ended March 31, 2021: ¥4,992 million ¥11,730 million [(57.4)%] [62.2%] Basic earnings per share Diluted earnings per share Profit attributable to owners of parent/equity Ordinary profit/ total assets Operating profit/ net sales Fiscal year ended March 31, 2022 March 31, 2021 Yen 364.54 313.03 Yen 362.23 310.87 % 8.9 8.1 % 4.7 4.2 % 2.6 2.1 Reference: Share of profit (loss) of entities accounted for using equity method For the fiscal year ended March 31, 2022: For the fiscal year ended March 31, 2021: ¥(1,439) million ¥(160) million (2) Consolidated financial position Total assets Net assets Equity-to-asset ratio Net assets per share As of March 31, 2022 March 31, 2021 Reference: Equity Millions of yen Millions of yen 259,413 237,487 92,605 90,242 % 35.5 37.7 Yen 4,160.75 4,057.16 As of March 31, 2022: As of March 31, 2021: ¥91,981 million ¥89,601 million (3) Consolidated cash flows Cash flows from operating activities Cash flows from investing activities Cash flows from financing activities Cash and cash equivalents at end of period Fiscal year ended March 31, 2022 March 31, 2021 Millions of yen Millions of yen Millions of yen Millions of yen 10,213 5,982 4,776 (3,509) (3,553) (3,713) 53,536 41,947 2. Cash dividends Fiscal year ended March 31, 2021 Fiscal year ended March 31, 2022 Fiscal year ending March 31, 2023 (Forecast) Annual dividends per share First quarter-end Second quarter-end Third quarter-end Fiscal year-end Total Total cash dividends (Total) Dividend payout ratio (Consolidated) Ratio of dividends to net assets (Consolidated) Yen Yen Yen Yen Yen Millions of yen % % – – – 30.00 49.00 60.00 – – – 70.00 100.00 2,228 74.00 123.00 2,742 80.00 140.00 31.9 33.7 32.3 2.6 3.0 Notes: 1. Total cash dividends for the fiscal year ended March 31, 2021 include dividends of ¥19 million for the Company’s shares 2. Total cash dividends for the fiscal year ended March 31, 2022 include dividends of ¥23 million for the Company’s shares owned by the Board Incentive Plan (BIP) Trust. owned by the Board Incentive Plan (BIP) Trust. 3. Consolidated earnings forecasts for the fiscal year ending March 31, 2023 (from April 1, 2022 to March 31, 2023) Net sales Operating profit Ordinary profit (Percentages indicate year-on-year changes.) Profit attributable to owners of parent Basic earnings per share Six months ending September 30, 2022 Millions of yen % Millions of yen % Millions of yen % Millions of yen % 230,000 8.9 5,600 25.6 6,100 62.5 4,040 50.2 Full year 490,000 5.9 13,500 13.6 14,500 23.5 9,570 18.7 Yen 182.89 433.23 * Notes (1) Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in the change in scope of consolidation): None (2) 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 (3) 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 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 period Fiscal year ended March 31, 2022 Fiscal year ended March 31, 2021 23,155,882 shares 23,155,882 shares 1,048,982 shares 1,071,190 shares 22,105,484 shares 22,139,210 shares 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 March 31, 2022 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 (190,720 shares for the fiscal year ended March 31, 2022 and 146,124 shares for the fiscal year ended March 31, 2021). [Reference] Overview of non-consolidated financial results 1. Non-consolidated financial results for the fiscal year ended March 31, 2022 (from April 1, 2021 to March 31, 2022) Fiscal year ended March 31, 2022 March 31, 2021 (1) Non-consolidated operating results (Percentages indicate year-on-year changes.) Net sales Operating profit Ordinary profit Profit Millions of yen % Millions of yen % Millions of yen % Millions of yen 327,375 349,238 – (13.1) 8,111 6,233 30.1 (10.7) 10,461 8,860 18.1 (5.9) 6,504 6,901 % (5.8) (4.5) Notes: The Company has applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, March 31, 2020) and relevant ASBJ regulations from the fiscal year ended March 31,2022, and the result of Net sales are the figures after applying the accounting standard and relevant ASBJ regulations. The percentage of year-on-year change is not shown. Without the application of this standard, net sales would have been ¥384,698 million (up 10.2% year on year). Fiscal year ended March 31, 2022 March 31, 2021 Basic earnings per share Diluted earnings per share Yen 294.25 311.71 Yen 292.38 309.55 (2) Non-consolidated financial position As of March 31, 2022 March 31, 2021 Reference: Equity Total assets Net assets Equity-to-asset ratio Net assets per share Millions of yen Millions of yen 226,864 206,675 74,923 73,212 % 32.9 35.3 Yen 3,378.31 3,301.81 As of March 31, 2022: ¥74,684 million As of March 31, 2021: ¥72,939 million * Financial results reports are exempt from audit 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.