上組（9364） – [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) May 13, 2022 Company name: Kamigumi Co., Ltd. Stock exchange listing: Tokyo Stock code: 9364 Representative: Inquiries: HQ URL https://www.kamigumi.co.jp/ President & Representative Director Executive Officer and Director of Financial Yoshihiro Fukai Yasuhiro Kishino TEL 078-271-5119 Scheduled date of ordinary general meeting of shareholders: Scheduled date to file Securities Report: Scheduled date to commence dividend payments: June 29, 2022 June 30, 2022 June 30, 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 less than one million yen are rounded down)(1) Consolidated operating results Operating revenue 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 261,681 239,314 % Millions of yen 28,524 9.3 24,449 – % Millions of yen 30,875 26,184 16.7 – % Millions of yen 20,861 17,932 17.9 – % 16.3 – Earnings per share Diluted earnings per share Profit attributable to owners of parent/equity Ordinary profit/total assets Operating profit/Operating revenue Yen 180.14 152.97 Yen – – % 5.8 5.2 % 7.3 6.4 Total assets Net assets Equity ratio Net assets per share Millions of yen 434,734 415,539 Millions of yen 367,917 352,408 % 84.2 84.3 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 37,036 29,561 Millions of yen (3,804)(30,252)Millions of yen (9,779)(8,630)Millions of yen 46,364 22,780 % 10.9 9.1 Yen 3,193.03 3,017.22 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 23.00 27.00 39.00 Yen – – – Yen 27.00 46.00 39.00 Yen Millions of yen 50.00 73.00 78.00 5,846 8,411 % 32.7 40.5 40.1 % 1.7 2.4 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) Operating revenue Operating profit Ordinary profit Millions of yen % Millions of yen % Millions of yen % Millions of yen 135,200 270,000 4.8 3.2 14,800 29,500 3.2 3.4 16,000 32,000 3.8 3.6 11,100 22,000 % 1.6 5.5 Yen 96.79 194.66 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 127,496,837 shares As of March 31, 2021 129,066,837 shares As of March 31, 2022 12,828,055 shares As of March 31, 2021 12,907,087 shares Number of treasury shares at the end of the period Average number of shares during the period Year ended March 31, 2022 115,806,902 shares Year ended March 31, 2021 117,228,974 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 Trade notes and accounts receivable, and contract assets Electronically recorded monetary claims – operating Securities Inventories Other Allowance for doubtful accounts Total current assets Non-current assets Property, plant and equipment Buildings and structures, net Machinery, equipment and vehicles, net Land Construction in progress Other, net Total property, plant and equipment Intangible assets Investments and other assets Investment securities Long-term loans receivable Deferred tax assets Other Allowance for doubtful accounts Total investments and other assets Total non-current assets Total assets 33,376 46,916 603 10,700 783 5,891 (56) 98,214 105,822 15,387 99,867 4,963 1,527 227,568 6,789 72,244 158 3,700 7,184 (321) 82,966 317,324 415,539 45,897 47,075 748 10,500 764 6,975 (56) 111,904 104,779 17,455 100,265 8,149 1,435 232,086 6,649 75,101 43 2,328 6,937 (316) 84,094 322,829 434,734 3 As of March 31, 2021 As of March 31, 2022 (Millions of yen) Liabilities Current liabilities Trade notes and accounts payable Income taxes payable Provision for bonuses Provision for loss on disaster Other Total current liabilities Non-current liabilities Deferred tax liabilities Provision for retirement benefits for directors (and other officers) Provision for special repairs for ships and vessels Retirement benefit liability Provision for loss on business of subsidiaries and associates Other Total non-current liabilities Total liabilities 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 Foreign currency translation adjustment Remeasurements of defined benefit plans Total accumulated other comprehensive income Non-controlling interests Total net assets Total liabilities and net assets 26,066 4,958 172 450 11,831 43,479 346 54 13 18,166 1,070 19,651 63,130 – 31,642 26,854 310,401 (24,810) 344,087 7,252 (27) (833) 6,392 1,929 352,408 415,539 27,107 5,817 177 – 13,528 46,631 468 66 20 18,324 267 1,038 20,185 66,816 31,642 26,854 321,928 (25,034) 355,390 10,708 336 (294) 10,750 1,776 367,917 434,734 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 1,787 2,425 26,184 30,875 239,314 196,088 43,225 18,775 24,449 36 758 – 442 550 17 35 53 49 580 – 629 338 100 – – 482 921 25,892 8,358 (420) 7,937 17,954 22 17,932 261,681 213,736 47,944 19,420 28,524 35 941 79 837 533 – 74 74 252 627 262 814 1 641 267 – 1,142 1,726 30,291 9,792 (227) 9,564 20,726 (134) 20,861 Share of profit of entities accounted for using equity method Other Selling, general and administrative expenses Operating revenue Operating costs Operating gross profit Operating profit Non-operating income Interest income Dividend income Foreign exchange gains Total non-operating income Non-operating expenses Foreign exchange losses Other Total non-operating expenses Ordinary profit Extraordinary income Gain on sale of non-current assets Gain on sale of investment securities Subsidy income Total extraordinary income Extraordinary losses Loss on sale and retirement of non-current assets Loss on valuation of investment securities Loss on valuation of shares of subsidiaries and associates Provision for loss on business of subsidiaries and associates Loss on disaster Total extraordinary losses Profit before income taxes Income taxes – current Income taxes – deferred Total income taxes Profit Profit (loss) attributable to non-controlling interests Profit attributable to owners of parent 5Consolidated statements of comprehensive income Profit Other comprehensive income Valuation difference on available-for-sale securities Foreign currency translation adjustment Remeasurements of defined benefit plans, net of tax Share of other comprehensive income of entities accounted for using equity method Total other comprehensive income Comprehensive income Comprehensive income attributable to Comprehensive income attributable to owners of parent Comprehensive income attributable to non-controlling interests (Millions of yen) Fiscal year ended March 31, 2021 Fiscal year ended March 31, 2022 17,954 4,882 (58) 220 282 5,325 23,280 23,251 29 20,726 3,371 234 462 294 4,363 25,089 25,220 (130) 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 31,642 26,854 301,483 (25,217) 334,761 Changes during period Dividends of surplus Profit attributable to owners of parent Purchase of treasury shares Disposal of treasury shares Cancellation of treasury shares 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 Cancellation of treasury shares Net changes in items other than shareholders’ equity Total changes during period Balance at end of period – 31,642 5,148 5,148 7,252 1 (1) – 26,854 (5,420) 17,932 (3,593) 8,918 310,401 (3,200) 13 3,594 407 (24,810) (73) (73) (27) 244 244 (833) 5,318 5,318 6,392 19 19 1,929 (5,420) 17,932 (3,200) 14 – 9,325 344,087 (5,420) 17,932 (3,200) 14 – 5,338 14,664 352,408 Accumulated other comprehensive income Valuation difference on available-for-sale securities Foreign currency translation adjustment Remeasurements of defined benefit plans Total accumulated other comprehensive income Non-controlling interests Total net assets Balance at beginning of period 2,104 45 (1,077) 1,073 1,909 337,744 7Changes during period Dividends of surplus Profit attributable to owners of parent Purchase of treasury shares Disposal of treasury shares Cancellation of treasury shares Net changes in items other than shareholders’ equity Total changes during period 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 31,642 26,854 310,401 (24,810) 344,087 2 (2) – (6,272) 20,861 (3,061) 11,527 321,928 (3,300) 12 3,063 (224) (25,034) Balance at end of period 31,642 26,854 Accumulated other comprehensive income Valuation difference on available-for-sale securities Foreign currency translation adjustment Remeasurements of defined benefit plans Total accumulated other comprehensive income Non-controlling interests Total net assets Balance at beginning of period 7,252 (27) (833) 6,392 1,929 352,408 Changes during period Dividends of surplus Profit attributable to owners of parent Purchase of treasury shares Disposal of treasury shares Cancellation of treasury shares Net changes in items other than shareholders’ equity Total changes during period Balance at end of period 3,456 3,456 10,708 364 364 336 538 538 (294) 4,358 4,358 10,750 (152) (152) 1,776 (6,272) 20,861 (3,300) 14 – 11,302 355,390 (6,272) 20,861 (3,300) 14 – 4,206 15,508 367,917 8Consolidated statements of cash flows Cash flows from operating activities Profit before income taxes Depreciation Increase (decrease) in allowance for doubtful accounts Increase (decrease) in provision for loss on business of subsidiaries and associates Increase (decrease) in retirement benefit liability Interest and dividend income Share of loss (profit) of entities accounted for using equity method Loss (gain) on sale of investment securities Loss (gain) on valuation of investment securities Loss on valuation of shares of subsidiaries and associates Loss on disaster Loss (gain) on sale and retirement of non-current assets Decrease (increase) in trade receivables Decrease (increase) in inventories Increase (decrease) in trade payables Other, net Subtotal Interest and dividends received Payments associated with disaster loss Income taxes paid Net cash provided by (used in) operating activities Cash flows from investing activities Net decrease (increase) in time deposits Purchase of securities Proceeds from sale of securities Proceeds from redemption of securities Purchase of non-current assets Proceeds from sale of non-current assets Purchase of investment securities Proceeds from sale and redemption of investment securities Purchase of shares of subsidiaries and associates Proceeds from collection of loans receivable Payments of guarantee 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 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 9 (Millions of yen) Fiscal year ended March 31, 2021 Fiscal year ended March 31, 2022 25,892 12,914 (13) – 614 (794) (442) (580) 100 – 482 289 (2,370) 174 441 (465) 36,241 1,606 (32) (8,254) 29,561 (10,500) (16,000) 6,000 300 (12,155) 90 (566) 2,508 (22) 121 (32) (30,252) 3 (5,420) (3,200) (9) (8,630) (35) (9,357) 32,137 22,780 30,291 13,082 (4) 267 620 (976) (837) (627) 1 641 – 562 (306) 18 974 375 44,084 2,403 (450) (9,000) 37,036 10,568 (30,000) 30,000 900 (16,628) 347 (22) 1,689 (117) 70 (113) (497) (3,804) (6,272) (3,300) (206) (9,779) 130 23,583 22,780 46,364