三愛オブリ（8097） – [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) Company name: SAN-AI OBBLI CO., LTD. May 12, 2022Stock exchange listing: Tokyo Stock code: 8097 Representative: Inquiries: URL https://www.san-ai-obbli.com/ Representative Director, President General Manager, General Accounting Yukio Tsukahara Department Scheduled date of ordinary general meeting of shareholders: Scheduled date to file Securities Report: Scheduled date to commence dividend payments: June 28, 2022 June 29, 2022 June 29, 2022 Eiichi Nonaka TEL 03-6880-3100 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 (Amounts less than one million yen are rounded down)(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 598,731 473,899 % Millions of yen 12,067 8,592 26.3 (29.0)% Millions of yen 13,120 10,001 40.4 (21.7)% Millions of yen 8,308 7,053 31.2 (16.2) % 17.8 (13.6)Earnings per share Diluted earnings per share Ordinary profit/total assets Operating profit/net sales Profit attributable to owners of parent/equity Yen 120.66 101.57 Yen – – % 8.0 7.2 % 6.8 5.5 Total assets Net assets Equity ratio Net assets per share Millions of yen 197,887 187,245 Millions of yen 112,358 106,468 % 54.2 54.2 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 10,548 9,014 Millions of yen (3,297)(4,415)Millions of yen (5,721)(5,458)Millions of yen 37,996 36,467 % 2.0 1.8 Yen 1,559.26 1,471.07 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 14.00 14.00 19.00 Yen – – – Yen 14.00 26.00 19.00 Yen Millions of yen 28.00 40.00 38.00 1,942 2,752 % 27.6 33.2 31.1 % 2.0 2.6 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 Percentages indicate year-on-year changesProfit attributable to owners of parent Earnings per share Full year Millions of yen 600,000 % Millions of yen 13,000 0.2 % Millions of yen 13,500 7.7 % Millions of yen 8,400 2.9 % 1.1 Yen 122.21 (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 71,000,000 shares As of March 31, 2021 71,000,000 shares Number of treasury shares at the end of the period Average number of shares during the period As of March 31, 2022 2,266,623 shares As of March 31, 2021 2,015,903 shares Year ended March 31, 2022 68,860,204 shares Year ended March 31, 2021 69,448,335 shares 4. Notes 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 Notes and accounts receivable – trade Notes and accounts receivable – trade, and contract assets Securities 36,737 37,116 – – 5,709 69 91 1,858 (441) 81,141 67,885 (46,678) 21,207 33,981 (26,107) 7,873 19,303 3,072 (1,236) 1,836 301 4,189 (3,171) 1,017 51,539 1,354 1,272 146 1,343 4,116 20,104 13 797 3,593 25,283 754 (98) 50,448 106,103 187,245 38,267 – 45,801 100 7,387 55 176 2,366 (477) 93,677 69,654 (48,314) 21,340 34,164 (27,010) 7,153 18,870 3,488 (1,442) 2,046 1,336 4,212 (3,208) 1,003 51,751 1,374 1,182 1,038 1,278 4,874 17,167 34 729 3,930 25,278 539 (95) 47,584 104,210 197,887 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 Land Leased assets Accumulated depreciation Leased assets, net Construction in progress Other Accumulated depreciation Other, net Total property, plant and equipment Intangible assets Goodwill Customer-related assets Software in progress Other Total intangible assets Investments and other assets Investment securities Long-term loans receivable Deferred tax assets Retirement benefit asset Guarantee deposits Other Allowance for doubtful accounts Total investments and other assets Total non-current assets Total assets 3 As of March 31, 2021 As of March 31, 2022 (Millions of yen) 42,706 270 3,129 480 1,743 1,707 69 0 94 10,851 61,055 4,764 1,523 4,269 809 154 170 224 592 7,213 19,722 80,777 10,127 4,286 84,698 (2,287) 96,824 4,407 (353) 602 4,655 4,987 106,468 187,245 47,615 300 827 548 2,500 1,701 76 0 – 12,492 66,062 4,462 1,706 4,116 799 178 196 211 606 7,190 19,467 85,529 10,127 4,339 91,563 (2,651) 103,378 3,853 (376) 318 3,795 5,184 112,358 197,887 Liabilities Current liabilities Notes and accounts payable – trade Short-term borrowings Current portion of long-term borrowings Lease liabilities Income taxes payable Provision for bonuses Provision for bonuses for directors (and other officers) Provision for warranties for completed construction Asset retirement obligations Other Total current liabilities Non-current liabilities Long-term borrowings Lease liabilities Deferred tax liabilities Deferred tax liabilities for land revaluation Provision for retirement benefits for directors (and other officers) Provision for special repairs Retirement benefit liability Asset retirement obligations 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 Revaluation reserve for land Remeasurements of defined benefit plans Total accumulated other comprehensive income Non-controlling interests Total net assets Total liabilities and net assets 4Consolidated statements of income and consolidated statements of comprehensive income Consolidated statements of income Fiscal year ended March 31, 2021 Fiscal year ended March 31, 2022 (Millions of yen) Net sales Net sales of goods Net sales of completed construction contracts Cost of sales of completed construction contracts Selling, general and administrative expenses Total net sales Cost of sales Cost of goods sold Total cost of sales Gross profit Operating profit Non-operating income Interest income Dividend income Light oil delivery tax grant Reversal of allowance for doubtful accounts Subsidies for employment adjustment Subsidy income Compensation income Other Total non-operating income Non-operating expenses Interest expenses Provision of allowance for doubtful accounts Office relocation expenses Other Total non-operating expenses Ordinary profit Extraordinary income Gain on sale of non-current assets Gain on sale of investment securities Total extraordinary income Extraordinary losses Loss on sale and retirement of non-current assets Loss on sale of investment securities Impairment losses Loss on valuation of investment securities Loss on sale of shares of subsidiaries and associates Total extraordinary losses Profit before income taxes Income taxes – current Income taxes – deferred Total income taxes Profit Profit attributable to non-controlling interests Profit attributable to owners of parent 5 469,911 3,987 473,899 422,458 3,607 426,065 47,833 39,241 8,592 199 468 150 – 219 319 138 372 252 0 49 158 460 1,868 10,001 38 1,547 1,585 369 39 260 – – 669 10,917 3,473 20 3,493 7,423 369 7,053 595,453 3,278 598,731 543,238 2,900 546,138 52,592 40,525 12,067 1,392 263 257 432 149 3 92 39 – 418 – – 76 340 196 23 219 272 185 59 11 10 539 13,120 12,800 3,854 63 3,917 8,882 573 8,308 Consolidated statements of comprehensive income Fiscal year ended March 31, 2021 Fiscal year ended March 31, 2022 (Millions of yen) 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 7,423 2,418 786 3,204 10,627 10,169 458 8,882 (568) (284) (852) 8,029 7,470 558 6 Consolidated statements of changes in equity Fiscal year ended March 31, 2021 (Millions of yen) Share capital Capital surplus Retained earnings Treasury shares Total shareholders’ equity Shareholders’ equity Balance at beginning of period 10,127 4,288 79,612 (1,386) 92,641 Changes during period Dividends of surplus MIddle dividends from surplus Reversal of revaluation reserve for land 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 – 10,127 (1) (1) 4,286 (976) (976) (14) 7,053 5,085 84,698 Accumulated other comprehensive income Valuation difference on available-for-sale securities Revaluation reserve for land Remeasurements of defined benefit plans Total accumulated other comprehensive income Non-controlling interests Total net assets Balance at beginning of period 2,077 (368) (183) 1,525 4,619 98,786 Changes during period Dividends of surplus MIddle dividends from surplus Reversal of revaluation reserve for land 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 2,329 2,329 4,407 786 786 602 14 – – – – – 3,115 3,130 4,655 (913) 12 (901) (2,287) 368 368 (976) (976) (14) 7,053 (913) 10 – 4,183 96,824 (976) (976) – 7,053 (913) 10 3,484 7,681 4,987 106,468 14 14 (353) 7 (Millions of yen) Share capital Capital surplus Retained earnings Treasury shares Total shareholders’ equity Shareholders’ equity Balance at beginning of period 10,127 4,286 10,127 4,286 Total changes during period Balance at end of period – 10,127 52 4,339 6,399 91,563 (363) (2,651) 6,088 103,378 Accumulated other comprehensive income Valuation difference on available-for-sale securities Revaluation reserve for land Remeasurements of defined benefit plans Total accumulated other comprehensive income Non-controlling interests Total net assets Balance at beginning of period 4,407 (353) 602 4,655 4,987 106,468 4,407 (353) 602 4,655 4,987 106,933 Fiscal year ended March 31, 2022 Cumulative effects of changes in accounting policies Restated balance Changes during period Dividends of surplus MIddle dividends from surplus Reversal of revaluation reserve for land Profit attributable to owners of parent Purchase of treasury shares Disposal of treasury shares Purchase of shares of consolidated subsidiaries Sale of shares of consolidated subsidiaries Net changes in items other than shareholders’ equity Cumulative effects of changes in accounting policies Restated balance Changes during period Dividends of surplus MIddle dividends from surplus Reversal of revaluation reserve for land Profit attributable to owners of parent Purchase of treasury shares Disposal of treasury shares Purchase of shares of consolidated subsidiaries Sale of shares of consolidated subsidiaries Net changes in items other than shareholders’ equity Total changes during period Balance at end of period 2 49 84,698 465 85,163 (965) (965) 22 8,308 (22) (22) – – – – – – – – (553) (553) 3,853 (22) (376) (284) (284) 318 (838) (860) 3,795 8(2,287) (2,287) (374) 10 (109) (30) 336 196 5,184 96,824 465 97,289 (965) (965) 22 8,308 (374) 13 49 – – 465 (965) (965) – 8,308 (374) 13 (60) (30) (501) 5,424 112,358 Consolidated statements of cash flows Cash flows from operating activities Profit before income taxes Depreciation Amortization of goodwill Increase (decrease) in allowance for doubtful accounts Increase (decrease) in provision for bonuses Increase (decrease) in provision for bonuses for directors (and other officers) Increase (decrease) in retirement benefit liability Interest and dividend income Interest expenses Loss (gain) on sale and retirement of property, plant and equipment Impairment losses Loss (gain) on sale of investment securities Loss (gain) on valuation of investment securities Decrease (increase) in trade receivables Decrease (increase) in inventories Decrease (increase) in other current assets Decrease (increase) in guarantee deposits and claims provable in bankruptcy, claims provable in rehabilitation Increase (decrease) in trade payables Increase (decrease) in accrued liabilities Increase (decrease) in other current liabilities 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 investment securities Proceeds from sale of investment securities Purchase of property, plant and equipment Proceeds from sale of property, plant and equipment Purchase of intangible assets Purchase of shares of subsidiaries resulting in change in scope of consolidation Proceeds from sale of shares of subsidiaries resulting in change in scope of consolidation Loan advances Proceeds from collection of loans receivable Other, net Net cash provided by (used in) investing activities 9 (Millions of yen) Fiscal year ended March 31, 2021 Fiscal year ended March 31, 2022 10,917 4,838 231 31 (100) (34) (828) (668) 252 278 260 (1,507) – (2,588) (875) (416) 146 2,940 45 317 278 13,517 669 (261) (4,911) 9,014 (376) 457 (10) 3,315 (4,995) 270 (828) (1,922) – (6) 11 (330) (4,415) 12,800 5,120 312 33 0 6 (757) (689) 263 (3) 59 161 11 (8,725) (1,778) (540) (7) 4,985 343 834 731 13,161 685 (273) (3,025) 10,548 (390) 390 (11) 2,077 (4,337) 579 (1,596) – 9 (7) 30 (40) (3,297) 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 Purchase of treasury shares Dividends paid to non-controlling interests Dividends paid Purchase of shares of subsidiaries not resulting in change in scope of consolidation 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 70 600 (2,668) (913) (89) (1,953) – (502) (5,458) (858) 37,326 36,467 30 590 (3,193) (374) (221) (1,931) (60) (559) (5,721) 1,529 36,467 37,996 10