Kawada Technologies : Summary of Consolidated Financial Results for the Six Months Ended September 30,2021(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 Six Months Ended September 30, 2021 (Based on Japanese GAAP) November 10, 2021 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: November 11, 2021 Scheduled date to commence dividend payments: - Preparation of supplementary material on quarterly financial results: Yes Holding of quarterly financial results meeting: No (Amounts less than one million yen are rounded down) 1. Consolidated financial results for the six months ended September 30, 2021 (from April 1, 2021 to September 30, 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 % Six months ended September 30, 2021 52,781 - 4,414 - 4,818 - 3,341 - Six months ended September 30, 2020 56,067 (8.1) (1,340) - 534 (72.6) 833 (51.1) Note: Comprehensive income Six months ended September 30, 2021 ¥3,813 million [-%] Six months ended September 30, 2020 ¥607 million [(63.9)%] Earnings per share Diluted earnings per share Yen Yen Six months ended September 30, 2021 566.78 - Six months ended September 30, 2020 141.68 141.53 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 six months ended September 30, 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 September 30, 2021 137,669 70,357 50.5 As of March 31, 2021 147,408 66,964 44.8 Reference: Equity As of September 30, 2021 ¥69,554 million As of March 31, 202...

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