Daiki Aluminium Industry : Consolidated Financial Results for the Fiscal Year Ended March 31, 2022

Consolidated Financial Results

for the Fiscal Year Ended March 31, 2022

[Japanese GAAP]

May 13, 2022

Company name: DAIKI Aluminium Industry Co., Ltd.

Stock exchange listing: Tokyo Stock Exchange

Code number: 5702

URL: https://www.dik-net.com/

Representative: Takaaki Yamamoto, President and Representative Director and Executive Officer

Contact: Hiroto Kurosu, Executive Officer, General Manager, Administration Department

Phone: [phone]

Scheduled date of annual general meeting of shareholders: June 22, 2022

Scheduled date of commencing dividend payments: June 23, 2022

Scheduled date of filing securities report: June 23, 2022

Availability of supplementary explanatory materials on annual financial results: No

Schedule of annual financial results briefing session: No

(Amounts of less than one million yen are rounded down.)

1. Consolidated Financial Results for the Fiscal Year Ended March 31, 2022 (April 1, 2021 - March 31, 2022)

(1) Consolidated Operating Results			(% indicates changes from the previous fiscal year.)
		Net sales		Operating profit	Ordinary profit	Profit attributable to
			owners of parent
	Fiscal year ended	Million yen	%	Million yen	%	Million yen	%	Million yen	%
	March 31, 2022	236,056	69.6	20,376	120.4	20,665	128.4	14,880	142.2
	March 31, 2021	139,194	(12.5)	9,245	19.8	9,046	17.1	6,142	10.0

(Note) Comprehensive income: Fiscal year ended March 31, 2022: ¥16,486 million [180.1%]

Fiscal year ended March 31, 2021: ¥5,886 million [9.4%]

Basic earnings

Diluted

Return on

Ratio of

Ratio of

earnings

ordinary profit

operating profit

per share

equity

per share

to total assets

to net sales

Fiscal year ended

Yen

Yen

%

%

%

March 31, 2022

367.40

361.81

29.6

17.3

8.6

March 31, 2021

151.67

149.36

15.1

10.0

6.6

(Reference) Equity in

earnings of affiliated

companies: Fiscal

year ended March 31, 2022: ¥ - million

Fiscal year ended March 31, 2021: ¥ - million

(2) Consolidated Financial Position

Total assets

Net assets

Equity ratio

Net assets per share

Million yen

Million yen

%

Yen

As of March 31, 2022

141,616

58,505

40.7

1,421.62

As of March 31, 2021

97,567

43,785

44.2

1,063.85

(Reference) Equity: As of

March 31, 2022: ¥57,578 million

As of March 31, 2021: ¥43,088 million

(3) Consolidated Cash Flows

Cash flows from

Cash flows from

Cash flows from

Cash and cash

equivalents

operating activities

investing activities

financing activities

at year-end

Fiscal year ended

Million yen

Million yen

Million yen

Million yen

March 31, 2022

(15,621)

(3,417)

17,912

4,779

March 31, 2021

(4,521)

(4,972)

6,219

5,702

2. Dividends

		Annual dividends			Total			Ratio of
							Payout ratio		dividends to
	1st	2nd	3rd	Year-			dividends
	Total		(consolidated)		net assets
	quarter-	quarter-	quarter-	end		(annual)
	end	end	end						(consolidated)
	Yen	Yen	Yen	Yen	Yen		Million yen	%	%
Fiscal year ended	-	10.00	-	18.00	28.00	1,134	18.5	2.8
March 31, 2021
Fiscal year ended	-	25.00	-	35.00	60.00	2,430	16.3	4.8
March 31, 2022
Fiscal year ending
March 31, 2023	-	30.00	-	30.00	60.00			-
(Forecast)

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2023 (April 1, 2022 - March 31, 2023)

(% indicates changes from the previous corresponding period.)

							Profit attributable	Basic earnings
	Net sales		Operating profit	Ordinary profit	to owners of
		per share
							parent
Six months	Million yen	%	Million yen	%	Million yen	%	Million yen	%	Yen
ending	143,200	39.2	8,680	(13.0)	8,820	(11.7)	6,400	(11.0)	158.02
September 30
(Cumulative)
Full year	299,600	26.9	17,030	(16.4)	17,070	(17.4)	12,370	(16.9)	305.42

* Notes:

1. Changes in significant subsidiaries during the period under review: No (Changes in specified subsidiaries resulting in changes in scope of consolidation)
   Newly included: -, Excluded: -
2. Changes in accounting policies, changes in accounting estimates and retrospective restatement
3. 1. Changes in accounting policies due to the revision of accounting standards: Yes
   2. Changes in accounting policies other than 1) above: No
   3. Changes in accounting estimates: No
   4. Retrospective restatement: No
4. Total number of issued shares (common shares)
5. 1. Total number of issued shares at the end of the period (including treasury shares):

As of March 31, 2022:	43,629,235 shares
As of March 31, 2021:	43,629,235 shares
2) Total number of treasury shares at the end of the period:
As of March 31, 2022:	3,127,266 shares
As of March 31, 2021:	3,126,975 shares

3) Average number of shares during the period:
Year ended March 31, 2022:	40,502,116 shares
Year ended March 31, 2021:	40,502,383 shares

(Reference) Summary of Non-consolidated Financial Results

1. Non-consolidated Financial Results for the Fiscal Year Ended March 31, 2022 (April 1, 2021 - March 31, 2022)

(1) Non-consolidated Operating Results			(% indicates changes from the previous fiscal year.)
			Net sales			Operating profit		Ordinary profit		Profit
	Fiscal year ended		Million yen	%	Million yen	%		Million yen	%		Million yen	%
	March 31, 2022		144,567	63.0		5,325	69.5		9,178	87.4		7,150	94.5
	March 31, 2021		88,688	(3.6)		3,141	35.1		4,897	45.2		3,676	27.0
			Basic earnings		Diluted earnings
			per share			per share
	Fiscal year ended			Yen			Yen
	March 31, 2022		176.55			173.87
	March 31, 2021			90.77			89.39
(2) Non-consolidated Financial Position
			Total assets		Net assets	Equity ratio	Net assets per share
				Million yen		Million yen		%			Yen
	As of March 31, 2022		86,279		37,012		42.7		910.25
	As of March 31, 2021		65,542		31,679		48.1		778.58

(Reference) Equity: As of March 31, 2022: ¥36,867 million As of March 31, 2021: ¥31,534 million

2. Non-consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2023 (April 1, 2022 - March 31, 2023)

				(% indicates changes from the previous corresponding period.)
	Net sales		Operating profit	Ordinary profit	Profit		Basic earnings
			per share
Six months	Million yen	%	Million yen	%	Million yen	%	Million yen	%	Yen
ending	92,300	46.0	2,020	(28.0)	2,580	(23.9)	1,880	(22.7)	46.42
September 30
(Cumulative)
Full year	187,700	29.8	4,040	(24.1)	7,300	(20.5)	5,900	(17.5)	145.67

Notes regarding financial results forecast

• These financial results are outside the scope of audit.
• Explanation on the proper use of financial results forecast and other notes
  The earnings forecasts and other forward-looking statements herein regarding financial results forecast for the fiscal year ending March 31, 2023 are based on information available to the Company at the time of preparation and certain assumptions deemed to be reasonable, and actual results may vary significantly due to various factors. For the assumptions used for the earnings forecasts and the notes regarding the use thereof, please refer to "1. Overview of Operating Results, etc., (4) Future Outlook" on page 4 of the attached document.

	DAIKI Aluminium Industry Co., Ltd. (5702)
	Consolidated Financial Results for the Fiscal Year Ended March 31, 2022
Table of Contents - Attachments
1. Overview of Operating Results, etc. .................................................................................................... 2
(1)	Overview of Operating Results for the Fiscal Year under Review	.................................................. 2
(2)	Overview of Financial Position for the Fiscal Year under Review	................................................. 2
(3)	Overview of Cash Flows for the Fiscal Year under Review ............................................................	3
(4)	Future Outlook ................................................................................................................................	4
2. Basic Policy on Selection of Accounting Standards ............................................................................	4
3. Consolidated Financial Statements and Principal Notes .....................................................................	5
(1)	Consolidated Balance Sheet ............................................................................................................	5
(2)	Consolidated Statements of Income and Comprehensive Income ..................................................	7
(3)	Consolidated Statements of Changes in Equity ..............................................................................	9
(4)	Consolidated Statements of Cash Flows .......................................................................................	11
(5)	Notes to Consolidated Financial Statements .................................................................................	12
	(Notes on Going Concern Assumption) ...................................................................................	12
	(Changes in Accounting Policies) ............................................................................................	12
	(Additional Information) ............................................................................................................	12
	(Segment Information, Etc.) .....................................................................................................	13
	(Per Share Information) ............................................................................................................	15
	(Significant Subsequent Events) ...............................................................................................	16

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