アルトナー（2163） – Summary of Non-consolidated Financial Results for the Three Months Ended April 30, 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. June 8, 2022 Summary of Non-consolidated Financial Results for the Three Months Ended April 30, 2022 (Under Japanese GAAP) Artner Co., Ltd. Tokyo Stock Exchange 2163 https://www.artner.co.jp/ SEKIGUCHI Sozo, President and CEO HARIGAE Tomonori, Director; Head of the Management Division +81-6-6445-7551 Company name: Listing: Securities code: URL: Representative: Inquiries: Telephone: Scheduled date to file quarterly securities report: Scheduled date to commence dividend payments: Preparation of supplementary material on quarterly financial results: Holding of quarterly financial results briefing: June 10, 2022 – Yes Yes (for individual investors) (Yen amounts are rounded down to millions, unless otherwise noted.) 1. Non-consolidated financial results for the three months ended April 30, 2022 (from February 1, 2022 to April 30, 2022) (1) Non-consolidated operating results (cumulative) (Percentages indicate year-on-year changes.) Ordinary profit Profit Net sales Operating profit Three months ended Millions of yen % Millions of yen % Millions of yen % Millions of yen % April 30, 2022 April 30, 2021 2,232 2,003 11.4 6.9 378 326 16.0 21.1 263 228 15.1 22.1 Three months ended April 30, 2022 April 30, 2021 Earnings per share Diluted earnings per share Yen 24.78 21.53 Yen ― ― (2) Non-consolidated financial position Total assets Net assets Equity ratio Millions of yen Millions of yen 5,366 5,088 3,627 3,582 As of April 30, 2022 January 31, 2022 2. Cash dividends Reference: Equity As of April 30, 2022: ¥ 3,627 million As of January 31, 2022: ¥ 3,582 million 379 329 15.0 21.8 % 67.6 70.4 Fiscal year ended January 31, 2022 Fiscal year ending January 31, 2023 Fiscal year ending January 31, 2023 (Forecast) First quarter-end Second quarter-end Third quarter-end Fiscal year-end Total Annual dividends per share Yen ― ― Yen 14.00 19.00 Yen ― ― Yen 20.50 Yen 34.50 19.00 38.00 Note: Revisions to the forecast of cash dividends most recently announced: None 3. Forecast of non-consolidated financial results for the year ending January 31, 2023 (from February 1, 2022 to January 31, 2023) (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 Full year 8,798 8.6 1,147 13.6 1,150 11.4 797 Note: Revisions to the forecast of non-consolidated financial results most recently announced: None Note: Only the full-year forecast is shown because ARTNER manages performance on a fiscal year basis. Earnings per share Yen 75.01 % 9.4 1 * Notes (1) Adoption of accounting treatment specific to the preparation of quarterly non-consolidated financial statements: 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 April 30, 2022 As of January 31, 2022 As of April 30, 2022 As of January 31, 2022 Three months ended April 30, 2022 Three months ended April 30, 2021 (iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year) * Quarterly financial results reports are exempt from quarterly review conducted by certified public accountants or an audit corporation. * Proper use of earnings forecasts, and other special matters (Caution regarding forward-looking statements, etc.) The forward-looking statements, including earnings forecasts, contained in these materials are based on information currently available to the Company and on certain assumptions deemed to be reasonable. Consequently, the statements herein do not constitute assurances regarding the Company’s actual results. Actual financial and other results may differ substantially from the statements herein due to various factors. 10,627,920 shares 10,627,920 shares 2,376 shares 2,376 shares 10,625,544 shares 10,625,544 shares 2Quarterly non-consolidated financial statements Non-consolidated balance sheets As of January 31, 2022 As of April 30, 2022 (Thousands of yen)Assets Current assets Cash and deposits Notes and accounts receivable – trade Work in process Raw materials and supplies Other Allowance for doubtful accounts Total current assets Non-current assets Property, plant and equipment Intangible assets Investments and other assets Leasehold and guarantee deposits Other Total investments and other assets Total non-current assets Total assets Liabilities Current liabilities Income taxes payable Provision for bonuses Other Total current liabilities Non-current liabilities Provision for retirement benefits Total non-current liabilities Total liabilities Net assets Shareholders’ equity Share capital Capital surplus Retained earnings Treasury shares Total shareholders’ equity Valuation and translation adjustments Valuation difference on available-for-sale securities Total valuation and translation adjustments Total net assets Total liabilities and net assets △ 3,554,199 1,011,154 950 3,637 51,712 6,000 4,615,653 82,431 37,143 84,959 268,796 353,755 473,330 5,088,983 232,197 141,450 553,556 927,204 579,533 579,533 1,506,737 238,284 168,323 3,171,444 739 3,577,312 △ 4,933 4,933 3,582,246 5,088,983 △ 3,585,365 1,158,122 4,707 3,740 75,835 6,900 4,820,870 82,248 37,436 94,726 331,039 425,765 545,450 5,366,321 189,008 311,507 632,567 1,133,083 605,683 605,683 1,738,766 238,284 168,323 3,216,930 739 3,622,798 △ 4,756 4,756 3,627,554 5,366,321 3Non-consolidated statements of income (cumulative) (Thousands of yen)Three months ended April 30, 2021 Three months ended April 30, 2022 Net sales Cost of sales Gross profit Selling, general and administrative expenses Operating profit Non-operating income Interest income Dividend income Commission income Sales income of training materials Subsidy income Gain on forfeiture of unclaimed dividends Other Total non-operating income Non-operating expenses Interest expenses Other Total non-operating expenses Ordinary profit Extraordinary losses Loss on retirement of non-current assets Total extraordinary losses Profit before income taxes Income taxes – current Income taxes – deferred Total income taxes Profit 2,003,655 1,197,218 806,437 480,352 326,084 0 47 154 550 2,108 689 274 3,826 － 404 404 329,507 0 0 329,507 160,579 59,792 100,786 △228,720 2,232,489 1,387,242 845,247 467,134 378,112 0 55 145 486 － 633 131 1,452 130 353 484 379,081 － － 379,081 178,334 62,562 115,772 △263,308 4Non-consolidated statements of cash flows (Thousands of yen)Three months ended April 30, 2021 Three months ended April 30, 2022 Cash flows from operating activities Profit before income taxes Depreciation Increase (decrease) in allowance for doubtful accounts Increase (decrease) in provision for bonuses Increase (decrease) in provision for retirement benefits Interest and dividend income Interest expenses Decrease (increase) in accounts receivable – other Decrease (increase) in trade receivables Decrease (increase) in inventories Increase (decrease) in accrued consumption taxes Increase (decrease) in accounts payable – other 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 Purchase of property, plant and equipment Purchase of intangible assets Payments of leasehold and guarantee deposits Proceeds from refund of leasehold and guarantee deposits Other, net Net cash provided by (used in) investing activities Cash flows from financing activities Dividends paid 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 329,507 6,871 800 153,654 21,682 48 － △3,459 124,324 △2,083 3,099 △66,033 △30,324 △283,141 △48 － 167,599 115,590 3,909 3,566 64 △△－ △△△6 7,546 △ △113,319 113,319 △5,276 △3,019,657 3,014,381 △ 379,081 6,197 900 170,057 26,150 55 130 △463 146,968 3,860 2,889 △67,173 △103,541 △465,574 55 130 215,553 △249,945 1,863 4,444 9,826 △△△60 △△6 16,080 △ △202,699 202,699 △31,165 △3,554,199 3,585,365 5