タムラ製作所（6768） – [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 11, 2022Company name: TAMURA CORPORATION Stock exchange listing: Tokyo Stock code: 6768 URL https://www.tamuracorp.com/global/index.html Representative: President Masahiro Asada Inquiries: Vice President, Corporate Management Yusaku Hashiguchi TEL 03-3978-2031 Scheduled date of ordinary general meeting of shareholders: Scheduled date to file Securities Report: Scheduled date to commence dividend payments: Preparation of supplementary material on financial results: June 28, 2022 June 28, 2022 June 29, 2022 Yes Yes Holding of financial results meeting: (1) Consolidated operating results (for analysts and institutional investors) (Amounts less than one million yen are rounded down)1. Consolidated financial results for the year ended March 31, 2022 (from April 1, 2021 to March 31, 2022) 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 88,328 73,906 % Millions of yen 1,564 1,969 19.5 (7.2)% Millions of yen 2,001 2,384 (20.5)(14.0)% Millions of yen (84)542 (16.1)(5.0)% – (47.0) Note: Comprehensive income Year ended March 31, 2022 Year ended March 31, 2021 ¥2,877 million [35.2%] ¥2,128 million [354.9%] Earnings per share Diluted earnings per share Ordinary profit/total assets Operating profit/net sales Profit attributable to owners of parent/equity Year ended March 31, 2022 Year ended March 31, 2021 Yen (1.02)6.61 Yen – 6.57 % (0.2)1.2 % 2.1 2.7 % 1.8 2.7 Reference: Share of profit (loss) of entities accounted for using equity method Year ended March 31, 2022 Year ended March 31, 2021 ¥221 million ¥176 million Note: Diluted earnings per share is not presented because net loss per share was recorded for the latest term while the Company has dilutive (2) Consolidated financial position shares. As of March 31, 2022 As of March 31, 2021 Reference: Equity (3) Consolidated cash flows Year ended March 31, 2022 Year ended March 31, 2021 Total assets Net assets Equity ratio Net assets per share Millions of yen 104,055 91,064 Millions of yen 50,221 48,143 % 48.0 52.6 Yen 607.89 583.09 As of March 31, 2022 As of March 31, 2021 ¥49,937 million ¥47,886 million 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 (4,949)5,049 Millions of yen (4,622)(3,052)Millions of yen 4,536 (767)Millions of yen 12,887 17,187 1 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 3.00 5.00 5.00 Yen – – – Yen 5.00 5.00 5.00 Yen Millions of yen 8.00 10.00 10.00 656 821 % 121.1 – 45.6 % 1.4 1.7 3. 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 % 45,600 10.8 800 182.8 800 22.5 94,000 6.4 3,000 91.7 3,000 49.9 200 1,800 – – Yen 2.43 21.91 Percentages indicate year-on-year changesProfit attributable to owners of parent Earnings per share 2. Cash dividends Year ended March 31, 2021 Year ended March 31, 2022 Year ending March 31, 2023 (Forecast) 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: (3) Number of issued shares (common shares) Total number of issued shares at the end of the period (including treasury shares) No Yes No No No As of March 31, 2022 82,771,473 shares As of March 31, 2021 82,771,473 shares As of March 31, 2022 622,797 shares As of March 31, 2021 646,556 shares Number of treasury shares at the end of the period Average number of shares during the period Year ended March 31, 2022 82,139,826 shares Year ended March 31, 2021 82,122,216 shares 2 (Reference) Overview of non-consolidated financial results Non-consolidated financial results for the year ended March 31, 2022 (from April 1, 2021 to March 31, 2022) (1) Non-consolidated operating results Percentages indicate year-on-year changesNet sales Operating profit Ordinary profit Profit Year ended March 31, 2022 Year ended March 31, 2021 Millions of yen 39,140 38,110 % Millions of yen (442)2.7 304 (4.3)% Millions of yen 725 – 1,267 – % Millions of yen (27)212 (42.7)11.3 % – 15.8 Year ended March 31, 2022 Year ended March 31, 2021 Earnings per share Diluted earnings per share Yen (0.33)2.59 Yen – 2.57 Note: Diluted earnings per share is not presented because net loss per share was recorded for the latest term while the Company has dilutive (2) Non-consolidated financial position shares. As of March 31, 2022 As of March 31, 2021 Reference: Equity Total assets Net assets Equity ratio Net assets per share Millions of yen 64,273 63,353 Millions of yen 37,594 38,233 % 58.2 60.1 Yen 455.42 463.57 As of March 31, 2022 ¥37,412 million * This report of Summary of Consolidated Financial Results is exempt from audit conducted by certified public accountants or an audit As of March 31, 2021 ¥38,070 million corporation. * Explanation of proper use of financial results forecast, and other special matters Caution concerning forward-looking statements The forward-looking statements, including the financial results forecast shown in this document, are based on information currently available to the Company and on certain assumptions deemed to be reasonable by the Company. As such, they do not constitute guarantees by the Company of future performance. Actual performance and other results may also differ materially due to various factors. How to obtain a copy of the supplementary material on financial results The presentation and other materials on the financial results are available on TDnet as well as at the Company’s website. 3 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 Notes and accounts receivable – trade Notes receivable – trade Accounts receivable – trade Contract assets Electronically recorded monetary claims – operating Merchandise and finished goods Work in process Raw materials and supplies Other Allowance for doubtful accounts Total current assets Non-current assets Property, plant and equipment Buildings and structures Accumulated depreciation Buildings and structures, net Machinery, equipment and vehicles Accumulated depreciation Machinery, equipment and vehicles, net Tools, furniture and fixtures Accumulated depreciation Tools, furniture and fixtures, net Land Leased assets Accumulated depreciation Leased assets, net Construction in progress Total property, plant and equipment Intangible assets Goodwill Leased assets Other Total intangible assets Investments and other assets Investment securities Retirement benefit asset Deferred tax assets Other Allowance for doubtful accounts Total investments and other assets Total non-current assets Total assets 4 – – – 17,598 18,664 420 5,703 1,983 6,546 2,508 (88) 53,336 21,913 (10,236) 11,676 16,961 (12,798) 4,162 9,394 (7,952) 1,442 5,121 3,930 (1,232) 2,698 2,132 27,234 287 388 729 1,406 4,137 4,122 293 588 (55) 9,087 37,727 91,064 – 13,707 1,112 20,816 16 581 8,912 2,475 10,729 3,419 (24) 61,746 23,549 (11,392) 12,157 18,039 (13,738) 4,301 9,552 (8,130) 1,422 5,313 6,506 (1,774) 4,732 2,471 30,399 253 342 720 1,316 5,054 4,439 381 808 (90) 10,592 42,309 104,055 As of March 31, 2021 As of March 31, 2022 (Millions of yen) 9,721 2,202 5,879 3,903 708 455 – 941 48 3,017 26,878 9,804 2,224 1,109 2,454 451 16,043 42,921 11,829 17,019 19,006 (243) 47,611 11 (1) (595) 860 275 162 94 48,143 91,064 10,640 2,631 12,040 803 814 440 76 1,020 30 3,364 31,862 13,815 3,711 1,536 2,517 389 21,970 53,833 11,829 17,019 18,102 (235) 46,716 195 – 2,097 927 3,220 181 102 50,221 104,055 Liabilities Current liabilities Notes and accounts payable – trade Electronically recorded obligations – operating Short-term borrowings Current portion of long-term borrowings Provision for bonuses for directors (and other officers) Lease liabilities Income taxes payable Contract liabilities Provision for bonuses Other Total current liabilities Non-current liabilities Long-term borrowings Lease liabilities Deferred tax liabilities Retirement benefit liability 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 Deferred gains or losses on hedges Foreign currency translation adjustment Remeasurements of defined benefit plans Total accumulated other comprehensive income Share acquisition rights Non-controlling interests Total net assets Total liabilities and net assets 5 Consolidated 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 2,384 2,001 73,906 52,685 21,220 19,251 1,969 58 58 176 – 396 298 988 346 175 51 573 3 208 375 588 129 – – 22 0 12 540 704 2,268 954 760 1,715 553 10 542 88,328 65,996 22,332 20,767 1,564 68 73 221 21 105 413 904 394 – 73 468 9 2 – 11 89 503 100 33 0 75 – 801 1,210 916 364 1,280 (69) 14 (84) Share of profit of entities accounted for using equity method Selling, general and administrative expenses Net sales Cost of sales Gross profit Operating profit Non-operating income Interest income Dividend income Foreign exchange gains Subsidy income Other Total non-operating income Non-operating expenses Interest 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 Impairment losses Loss on valuation of investment securities Loss on valuation of shares of subsidiaries and associates Loss on sale of investment securities Loss on liquidation of subsidiaries and associates Extra retirement payments Total extraordinary losses Profit before income taxes Income taxes – current Income taxes – deferred Total income taxes Profit (loss) Profit attributable to non-controlling interests Profit (loss) attributable to owners of parent 6 Consolidated statements of comprehensive income Fiscal year ended March 31, 2021 Fiscal year ended March 31, 2022 (Millions of yen) Profit (loss) Other comprehensive income Valuation difference on available-for-sale securities Deferred gains or losses on hedges 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 553 279 (1) (213) 1,494 15 1,575 2,128 2,122 6 (69) 183 1 2,440 66 254 2,947 2,877 2,861 15 7 Consolidated 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 11,829 17,019 19,121 (256) 47,713 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 (656) 542 (1) (115) 19,006 Total (0) 13 12 (243) – 11,829 – 17,019 Accumulated other comprehensive income Valuation difference on available-for-sale securities Deferred gains or losses on hedges Foreign currency translation adjustment Remeasurements accumulated of defined benefit other plans comprehensive income Share acquisition Non-controlling rights interests Total net assets Balance at beginning of period (268) 0 (402) (633) (1,304) 161 93 46,664 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 279 279 11 (1) (1) (1) (193) 1,494 (193) (595) 1,494 860 1,579 1,579 275 1 1 162 0 0 94 (656) 542 (0) 11 (102) 47,611 (656) 542 (0) 11 1,581 1,478 48,143 8 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 11,829 17,019 19,006 (243) 47,611 11,829 17,019 19,008 (243) 47,613 2 (821) (84) (0) (906) 18,102 Total (0) 9 8 (235) 2 8 (821) (84) (0) (897) 46,716 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 – 11,829 – 17,019 Accumulated other comprehensive income Valuation difference on available-for-Deferred gains or losses on Foreign currency translation sale securities hedges adjustment Remeasurements accumulated of defined benefit other plans comprehensive income Share Non-acquisition rights controlling interests Total net assets Balance at beginning of period 11 (1) (595) 860 275 162 94 48,143 Restated balance 11 (1) (595) 860 275 162 94 48,145 Cumulative effects of changes in accounting policies 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 183 183 195 1 1 – 2 (821) (84) (0) 8 2,693 2,693 2,097 66 66 927 2,945 2,945 3,220 19 19 181 8 8 102 2,973 2,075 50,221 9 Fiscal year ended March 31, 2021 Fiscal year ended March 31, 2022 (Millions of yen) 2,268 3,491 – 18 1 (5) (190) (116) 346 (8) (176) (208) – 125 22 12 1,742 (1,048) (110) (101) 6,063 173 (338) (848) 5,049 – 145 (3,764) 29 (54) (44) (44) 307 (6) 375 2 1,210 3,361 503 78 (17) (36) (155) (142) 394 (163) (221) (2) 100 80 33 9 (2,544) (6,665) 913 (508) (3,772) 232 (379) (1,029) (4,949) (367) – (3,294) 75 (7) (93) (492) 72 (180) 11 (346) Consolidated statements of cash flows Cash flows from operating activities Profit before income taxes Depreciation Impairment losses Increase (decrease) in provision for bonuses Increase (decrease) in provision for bonuses for directors (and other officers) Increase (decrease) in allowance for doubtful accounts Increase (decrease) in retirement benefit liability Interest and dividend income Interest expenses Foreign exchange losses (gains) 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 (gain) on sale and retirement of non-current assets Loss on valuation of shares of subsidiaries and associates Loss on liquidation of subsidiaries and associates Decrease (increase) in trade receivables Decrease (increase) in inventories Increase (decrease) in trade payables Other, net Subtotal Interest and dividends received Interest paid Income taxes paid Net cash provided by (used in) operating activities Cash flows from investing activities Payments into time deposits Proceeds from withdrawal of time deposits Purchase of property, plant and equipment Proceeds from sale of property, plant and equipment Payments for retirement of property, plant and equipment Purchase of intangible assets Purchase of investment securities Proceeds from sale of investment securities Loan advances Other, net Proceeds from collection of loans receivable 10 Net cash provided by (used in) investing activities (3,052) (4,622) Fiscal year ended March 31, 2021 Fiscal year ended March 31, 2022 (Millions of yen) Cash flows from financing activities Net increase (decrease) in short-term borrowings Proceeds from long-term borrowings Repayments of long-term borrowings Repayments of lease liabilities Purchase of treasury shares Proceeds from sale of treasury shares Dividends paid Dividends paid to non-controlling interests 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 996 152 (236) (1,019) (0) 0 (654) (6) (767) (160) 1,070 16,117 17,187 5,411 4,802 (4,029) (823) (0) 0 (817) (6) 4,536 735 (4,300) 17,187 12,887 11