日特建設（1929） – [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: NITTOC CONSTRUCTION CO., LTD. May 9, 2022Masakazu Itabashi TEL 03-5645-5047 Stock exchange listing: Tokyo Stock code: 1929 Representative: URL https://www.nittoc.co.jp President & Representative Director Manager, Yasuo Wada Inquiries: Accounting Department, Administration Division 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: Holding of financial results meeting: (1) Consolidated operating results June 24, 2022 June 24, 2022 June 27, 2022 No No 1. Consolidated financial results for the year ended March 31, 2022 (from April 1, 2021 to March 31, 2022) (Amounts less than one million yen are rounded down)Net sales Operating profit Ordinary profit Percentages indicate year-on-year changesProfit attributable to owners of parent Millions of yen 66,076 67,955 % Millions of yen 4,523 5,358 (2.8)3.7 % Millions of yen 4,626 5,419 (15.6)9.3 % Millions of yen 3,329 3,500 (14.6) 11.1 % (4.9)7.4 Year ended March 31, 2022 Year ended March 31, 2021 Note: Comprehensive income Year ended March 31, 2022 Year ended March 31, 2021 ¥3,211 million [(14.4)%] ¥3,752 million [16.9%] Year ended March 31, 2022 Year ended March 31, 2021 Reference: Share of profit (loss) of entities accounted for using equity method Earnings per share Diluted earnings per share Ordinary profit/total assets Operating profit/net sales Profit attributable to owners of parent/equity Yen 79.83 83.93 Yen – – % 11.3 12.7 % 8.9 10.6 % 6.8 7.9 Year ended March 31, 2022 Year ended March 31, 2021 ¥– million ¥– million Note: The Company has applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, March 31, 2020) and relevant ASBJ regulations from the beginning of the current fiscal year, and each figure for the fiscal year ended March 31, 2022, is the figure after applying the accounting standard and relevant ASBJ regulations. (2) Consolidated financial position Total assets Net assets Equity ratio Net assets per share Millions of yen 51,712 51,971 Millions of yen 30,610 28,800 % 58.8 55.1 Yen 729.42 686.19 As of March 31, 2022 As of March 31, 2021 Reference: Equity As of March 31, 2022 As of March 31, 2021 ¥30,422 million ¥28,619 million Note: The Company has applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, March 31, 2020) and relevant ASBJ regulations from the beginning of the current fiscal year, and each figure for the fiscal year ended March 31, 2022, is the figure after applying the accounting standard and relevant ASBJ regulations. 1 (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) 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 4,750 1,426 Millions of yen (23)(705)Millions of yen (1,785)(1,784)Millions of yen 20,723 17,722 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 8.00 8.00 20.00 Yen – – – Yen 28.00 32.00 25.00 Yen Millions of yen 36.00 40.00 45.00 1,501 1,668 % 42.9 50.1 61.5 % 5.5 5.7 Note 1: Breakdown of fiscal year-end dividends for the fiscal year ended March 31, 2022: Ordinary dividend of ¥25.00, and special dividend of ¥7.00 Note 2: Breakdown of fiscal year-end dividends for the fiscal year ending March 31, 2023 (forecast): Ordinary dividend of ¥20.00, and commemorative dividend of ¥5.00 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 % 31,000 68,500 4.0 3.7 1,400 4,600 1.9 1.7 1,400 (1.2)920 (1.9)4,550 (1.6)3,050 (8.4)Yen 22.06 73.13 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: (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 41,708,367 shares As of March 31, 2021 43,919,291 shares Number of treasury shares at the end of the period Average number of shares during the period As of March 31, 2022 1,321 shares As of March 31, 2021 2,210,924 shares Year ended March 31, 2022 41,707,756 shares Year ended March 31, 2021 41,709,182 shares Note: The Company canceled 2,210,924 treasury shares on May 31, 2021, in accordance with a resolution passed at a meeting of the Board of Directors held on May 7, 2021. 2Reference: Summary of non-consolidated financial results 1. 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 changesYear ended March 31, 2022 Year ended March 31, 2021 Net sales Operating profit Ordinary profit Profit Millions of yen 63,931 66,520 % Millions of yen 4,313 5,199 (3.9)4.0 % Millions of yen 4,579 5,259 (17.0)11.7 % Millions of yen 3,354 3,407 (12.0) 13.8 % (1.6)10.0 Earnings per share Diluted earnings per share Yen 80.43 81.70 Yen – – Year ended March 31, 2022 Year ended March 31, 2021 (2) Non-consolidated financial position As of March 31, 2022 As of March 31, 2021 Total assets Net assets Equity ratio Net assets per share Millions of yen 50,647 51,036 Millions of yen 30,099 28,350 % 59.4 55.5 Yen 721.69 679.74 Reference: Equity 2. Forecast of non-consolidated financial results for the year ending March 31, 2023 (from April 1, 2022 to March 31, 2023) As of March 31, 2022 As of March 31, 2021 ¥30,099 million ¥28,350 million Net sales Operating profit Ordinary profit Profit Earnings per share Millions of yen % Millions of yen % Millions of yen % Millions of yen % Six months ending September 30, 2022 Full year 30,000 66,500 3.5 4.0 1,300 4,350 1.4 0.8 1,300 (12.2)849 (18.9)4,280 (6.5)2,850 (15.0)Yen 20.36 68.33 Percentages indicate year-on-year changes * Financial results reports are exempt from audit conducted by certified public accountants or an audit corporation. * Proper use of forecasts of financial results, and other special matters Financial results forecasts are based on information available to the Company at the time of release of this document. Actual financial results may differ from the forecast figures due to various factors going forward. 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 receivable, accounts receivable from completed construction contracts and other Notes receivable, accounts receivable from completed construction contracts and other and contract assets Electronically recorded monetary claims – operating Merchandise and finished goods Real estate for sale Costs on construction contracts in progress Raw materials and supplies Other Allowance for doubtful accounts Total current assets Non-current assets Property, plant and equipment Buildings and structures, net Machinery, vehicles, tools, furniture and fixtures, net Land Leased assets, net Construction in progress Other, net Total property, plant and equipment Intangible assets Investments and other assets Investment securities Deferred tax assets Other Allowance for doubtful accounts Total investments and other assets Total non-current assets Total assets 17,722 19,666 2,921 – 9 0 1,359 243 360 (2) 42,282 1,645 1,133 2,638 13 166 2 5,598 445 974 2,127 602 (59) 3,644 9,689 51,971 – 20,723 17,934 2,563 25 0 301 285 693 (2) 42,526 1,639 1,314 2,578 0 253 2 5,787 607 417 2,003 403 (32) 2,791 9,185 51,712 4 As of March 31, 2021 As of March 31, 2022 (Millions of yen) Liabilities Current liabilities and other Short-term borrowings Notes payable, accounts payable for construction contracts Advances received on construction contracts in progress Lease liabilities Income taxes payable Provision for warranties for completed construction Provision for loss on construction contracts Provision for bonuses Provision for bonuses for directors (and other officers) Other Total current liabilities Non-current liabilities Lease 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 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 11,339 278 2,032 3 1,274 24 286 1,501 36 2,156 18,931 5 4,162 71 4,239 23,171 6,052 2,022 21,419 (1,057) 28,436 312 (34) (95) 183 180 28,800 51,971 11,921 – 593 0 555 25 168 1,150 33 2,341 16,790 4 4,209 97 4,311 21,101 6,052 1,753 22,560 (0) 30,365 112 3 (58) 56 188 30,610 51,712 5Consolidated 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) 67,718 237 67,955 54,959 142 55,102 12,759 94 12,853 7,495 5,358 107 16 34 13 32 9 6 30 5 3 46 15 – 15 3 211 1 217 5,218 1,965 (243) 1,722 3,495 (5) 3,500 65,882 194 66,076 53,849 92 53,941 12,032 102 12,134 7,611 4,523 139 7 36 16 49 29 5 22 5 2 35 0 372 372 11 – – 11 4,986 1,513 155 1,668 3,318 (11) 3,329 5,419 4,626 Net sales Net sales of completed construction contracts Sales in other businesses Total net sales Cost of sales Total cost of sales Gross profit Cost of sales of completed construction contracts Cost of sales in other businesses Gross profit on completed construction contracts Gross profit – other business Total gross profit Selling, general and administrative expenses Operating profit Non-operating income Interest income Dividend income Patent income Foreign exchange gains Other Total non-operating income Non-operating expenses Interest expenses Guarantee commission Commission for syndicated loans 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 Impairment losses Other Total extraordinary losses Profit before income taxes Income taxes – current Income taxes – deferred Total income taxes Profit Loss attributable to non-controlling interests Profit attributable to owners of parent 6Consolidated 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 Foreign currency translation adjustment 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 3,495 124 69 63 256 3,752 3,733 18 3,318 (200) 57 35 (106) 3,211 3,203 8 7Consolidated statements of changes in equity Fiscal year ended March 31, 2021 Shareholders’ equity Share capital Capital surplus Retained earnings Treasury shares (Millions of yen) Total shareholders’ equity 6,052 2,022 19,420 (1,056) 26,438 6,052 2,022 19,420 (1,056) 26,438 0 (1,501) 3,500 (1) 0 (1,501) 3,500 (1) 0 – – 0 1,998 (1) 1,997 6,052 2,022 21,419 (1,057) 28,436 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 Cancellation of treasury shares Net changes in items other than shareholders’ equity Total changes during period Balance at end of period 8 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 Cancellation of treasury shares Net changes in items other than shareholders’ equity Total changes during period Balance at end of period 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 188 (79) (158) (49) 161 26,550 188 (79) (158) (49) 161 26,550 (1,501) 3,500 (1) 0 – 124 45 63 232 18 251 124 312 45 (34) 63 (95) 232 183 18 180 2,249 28,800 9Fiscal year ended March 31, 2022 Shareholders’ equity Share capital Capital surplus Retained earnings Treasury shares (Millions of yen) Total shareholders’ equity 6,052 2,022 21,419 (1,057) 28,436 102 102 6,052 2,022 21,521 (1,057) 28,538 (1,501) 3,329 (0) (0) (1,501) 3,329 – – (269) (788) 1,057 – (269) 1,039 1,056 1,826 6,052 1,753 22,560 (0) 30,365 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 Cancellation of treasury shares Net changes in items other than shareholders’ equity Total changes during period Balance at end of period 10 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 Cancellation of treasury shares Net changes in items other than shareholders’ equity Total changes during period Balance at end of period 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 312 (34) (95) 183 180 28,800 312 (34) (95) 183 180 28,902 (200) (200) 112 37 37 3 8 8 102 (1,501) 3,329 (0) – – (118) 1,708 36 (126) 36 (58) (126) 56 188 30,610 11 Consolidated 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 warranties for completed construction Increase (decrease) in provision for loss on construction contracts Increase (decrease) in provision for bonuses Increase (decrease) in provision for bonuses for directors (and other officers) Increase (decrease) in retirement benefit liability Loss (gain) on sale of property, plant and equipment Loss on retirement of non-current assets Interest and dividend income Interest expenses Foreign exchange losses (gains) Loss (gain) on sale of investment securities Impairment losses Decrease (increase) in trade receivables Decrease (increase) in costs on construction contracts in progress Decrease (increase) in other assets Increase (decrease) in trade payables Increase (decrease) in advances received on construction contracts in progress Increase (decrease) in accrued consumption taxes Increase (decrease) in other liabilities Subtotal Interest and dividends received Interest paid Income taxes paid Net cash provided by (used in) operating activities Cash flows from investing activities 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 Proceeds from collection of loans receivable Payments of guarantee deposits Proceeds from refund of guarantee deposits Other payments Other proceeds Net cash provided by (used in) investing activities 12 (Millions of yen) Fiscal year ended March 31, 2021 Fiscal year ended March 31, 2022 5,218 402 (8) (17) 284 130 (6) 185 (15) 3 (51) 6 (16) – 492 70 (76) (62) 211 (2,828) (704) 240 3,456 53 (6) (2,077) 1,426 (4) – (702) 16 (29) 46 (8) 6 (41) 10 (705) 4,986 507 (28) 1 (71) (351) (3) 97 2 9 (43) 5 (20) (372) – 2,686 227 (279) 534 (1,085) 94 263 7,162 43 (5) (2,450) 4,750 (5) 645 (627) 75 (273) – (15) 12 (10) 173 (23) (Millions of yen) Fiscal year ended March 31, 2021 Fiscal year ended March 31, 2022 Cash flows from financing activities Repayments of long-term borrowings Repayments of lease liabilities Proceeds from disposal of treasury shares Purchase of treasury shares Dividends paid 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 (274) (12) 0 (1) (1,496) (1,784) 71 (991) 18,713 17,722 (278) (5) – (0) (1,501) (1,785) 60 3,001 17,722 20,723 13 As of March 31, 2021 As of March 31, 2022 (Millions of yen) 16,884 1,970 2,921 17,367 – 0 1,345 171 255 125 (2) 41,039 3,931 (2,412) 1,518 570 (402) 167 5,083 (4,087) 996 228 (185) 42 2,694 215 (202) 5,602 13 166 2 50 44 345 440 19,620 1,915 2,563 11,211 4,573 0 300 180 583 249 (2) 41,197 3,871 (2,344) 1,526 559 (407) 151 4,808 (3,719) 1,088 187 (144) 42 2,634 178 (178) 5,699 253 0 2 50 286 266 603 Non-consolidated financial statements Non-consolidated balance sheets Assets Current assets Cash and deposits Notes receivable – trade Electronically recorded monetary claims – operating Accounts receivable from completed construction contracts Contract assets Real estate for sale Costs on construction contracts in progress Raw materials and supplies Accounts receivable – other Other Allowance for doubtful accounts Total current assets Non-current assets Property, plant and equipment Buildings Accumulated depreciation Buildings, net Structures Accumulated depreciation Structures, net Machinery and equipment Accumulated depreciation Machinery and equipment, net Tools, furniture and fixtures Accumulated depreciation Tools, furniture and fixtures, net Land Leased assets Accumulated depreciation Leased assets, net Construction in progress Other, net Total property, plant and equipment Intangible assets Leasehold interests in land Software Other Total intangible assets 14 As of March 31, 2021 As of March 31, 2022 (Millions of yen) Investments and other assets Investment securities Shares of subsidiaries and associates Guarantee deposits Distressed receivables Deferred tax assets Insurance funds Other Allowance for doubtful accounts Total investments and other assets Total non-current assets Total assets Liabilities Current liabilities Notes payable – trade Accounts payable for construction contracts Short-term borrowings Lease liabilities Income taxes payable Advances received on construction contracts in progress Provision for warranties for completed construction Provision for loss on construction contracts Provision for bonuses Provision for bonuses for directors (and other officers) Other Total current liabilities Non-current liabilities Lease liabilities Provision for retirement benefits Other Total non-current liabilities Total liabilities 974 399 318 28 2,045 151 66 (29) 3,953 9,996 51,036 5,677 5,584 278 3 1,257 1,894 24 282 1,480 29 2,106 18,619 5 3,989 71 4,066 22,685 417 439 314 20 1,927 – 47 (21) 3,146 9,449 50,647 6,082 5,494 – 0 537 547 25 168 1,130 25 2,367 16,379 – 4,070 97 4,167 20,547 15 As of March 31, 2021 As of March 31, 2022 (Millions of yen) Net assets Shareholders’ equity Share capital Capital surplus Legal capital surplus Other capital surplus Total capital surplus Retained earnings Other retained earnings Total retained earnings Treasury shares Total shareholders’ equity Retained earnings brought forward Valuation and translation adjustments Valuation difference on available-for-sale securities Total valuation and translation adjustments Total net assets Total liabilities and net assets 6,052 1,753 269 2,022 21,020 21,020 (1,057) 28,038 312 312 28,350 51,036 6,052 1,753 – 1,753 22,182 22,182 (0) 29,987 112 112 30,099 50,647 16 Non-consolidated statements of income (Millions of yen) Fiscal year ended March 31, 2021 Fiscal year ended March 31, 2022 Net sales of completed construction contracts Cost of sales of completed construction contracts Net sales Total net sales Cost of sales Total cost of sales Gross profit Total gross profit Gross profit on completed construction contracts Selling, general and administrative expenses Remuneration for directors (and other officers) Provision for bonuses for directors (and other officers) Salaries, allowances and bonuses Provision for bonuses Retirement benefit expenses Legal welfare expenses Welfare expenses Repair and maintenance expenses Stationery expenses Communication and transportation expenses Power utilities expenses Research study expenses Advertising expenses Provision of allowance for doubtful accounts Entertainment expenses Donations Rent expenses on land and buildings Total selling, general and administrative expenses Depreciation Taxes and dues Insurance expenses Miscellaneous expenses Operating profit Non-operating income Interest income Dividend income Patent income Foreign exchange gains Other Total non-operating income Non-operating expenses Interest expenses Guarantee commission Commission for syndicated loans Other Total non-operating expenses Ordinary profit 66,520 66,520 54,120 54,120 12,399 12,399 237 29 2,969 565 251 692 222 7 243 325 46 274 25 0 35 3 404 136 252 22 454 102 5 34 21 32 9 6 30 5 0 42 7,200 5,199 63,931 63,931 52,334 52,334 11,597 11,597 244 25 2,952 440 248 710 260 12 259 368 46 300 26 0 46 3 400 185 251 17 480 7,283 4,313 3 190 300 27 49 28 5 22 5 0 34 5,259 4,579 17 Fiscal year ended March 31, 2021 Fiscal year ended March 31, 2022 (Millions of yen) 11 – 11 – 0 214 1 215 5,055 1,889 (241) 1,647 3,407 372 372 0 2 8 – – 10 4,940 1,422 163 1,585 3,354 Extraordinary income Gain on sale of non-current assets Gain on sale of investment securities Total extraordinary income Extraordinary losses Loss on sale of non-current assets Loss on retirement of non-current assets Impairment losses Other Total extraordinary losses Profit before income taxes Income taxes – current Income taxes – deferred Total income taxes Profit 18 Non-consolidated statements of changes in equity Fiscal year ended March 31, 2021 (Millions of yen) Shareholders’ equity Capital surplus Retained earnings Share capital Legal capital surplus Other capital surplus Other retained earnings Retained earnings brought forward Treasury shares Total shareholders’ equity Balance at beginning of period 6,052 1,753 269 19,114 (1,056) 26,133 6,052 1,753 269 19,114 (1,056) 26,133 (1,501) 3,407 0 0 269 (1) 0 (1,501) 3,407 (1) 0 – – 6,052 – 1,753 1,906 21,020 (1) (1,057) 1,905 28,038 Cumulative effects of changes in accounting policies Restated balance Changes during period Dividends of surplus Profit 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 Valuation and translation adjustments Valuation difference on available-for-sale securities Total net assets 188 26,321 Balance at beginning of period 188 26,321 Cumulative effects of changes in accounting policies Restated balance Changes during period Dividends of surplus Profit 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 124 124 312 (1,501) 3,407 (1) 0 – 124 2,029 28,350 19 Shareholders’ equity Capital surplus Retained earnings Share capital Legal capital surplus Other capital surplus Other retained earnings Retained earnings brought forward Treasury shares Total shareholders’ equity (Millions of yen) Balance at beginning of period 6,052 1,753 269 21,020 (1,057) 28,038 6,052 1,753 269 21,117 (1,057) 28,135 96 (1,501) 3,354 (0) (1,501) 3,354 (0) 96 – – (269) (788) 1,057 – 6,052 – 1,753 (269) – 1,065 22,182 1,056 (0) 1,852 29,987 Valuation and translation adjustments Valuation difference on available-for-sale securities Total net assets 312 28,447 Balance at beginning of period 312 28,350 Fiscal year ended March 31, 2022 Cumulative effects of changes in accounting policies Restated balance Changes during period Dividends of surplus Profit 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 Cumulative effects of changes in accounting policies Restated balance Changes during period Dividends of surplus Profit 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 (200) (200) 112 96 (0) – – (1,501) 3,354 (200) 1,651 30,099 20