Kawada Technologies : Summary of Consolidated Financial Results for the Nine Months Ended December 31,2021(Based on Japanese GAAP)

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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 Nine Months Ended December 31, 2021 (Based on Japanese GAAP) February 10, 2022 Company name: KAWADA TECHNOLOGIES, INC Stock exchange listing: Tokyo Stock code: 3443 URL https://www.kawada.jp/ Representative: President Kawada Tadahiro Inquiries: Managing Director and Chief Financial Watanabe Satoru TEL 03-3915-7722 Officer Scheduled date to file Quarterly Securities Report: February 14, 2022 Scheduled date to commence dividend payments: - Preparation of supplementary material on quarterly financial results: No Holding of quarterly financial results meeting: No (Amounts less than one million yen are rounded down) 1. Consolidated financial results for the nine months ended December 31, 2021 (from April 1, 2021 to December 31, 2021) (1) Consolidated operating results (cumulative) Percentages indicate year-on-year changes Net sales Operating profit Ordinary profit Profit attributable to owners of parent Millions of yen % Millions of yen % Millions of yen % Millions of yen % Nine months ended December 31, 2021 78,181 - 5,401 - 5,902 - 3,914 - Nine months ended December 31, 2020 85,880 (6.5) 347 (88.9) 2,350 (46.9) 2,169 (38.4) Note: Comprehensive income Nine months ended December 31, 2021 ¥4,320 million [-%] Nine months ended December 31, 2020 ¥1,807 million [(49.8)%] Earnings per share Diluted earnings per share Yen Yen Nine months ended December 31, 2021 663.74 - Nine months ended December 31, 2020 368.69 368.41 Note: As the Company has applied the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29) and relevant revised ASBJ regulations from the beginning of the first quarter of the fiscal year ending March 31, 2022, each figure for the nine months ended December 31, 2021, is the figure after the application of the said standard, etc., and year-on-year changes are not presented. (2) Consolidated financial position Total assets Net assets Equity ratio Millions of yen Millions of yen % As of December 31, 2021 128,035 70,870 54.7 As of March 31, 2021 147,408 66,964 44.8 Reference: Equity As of December 31, 2021 ¥70,020 million As of March 31, ...

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