Tomita Electric Co., Ltd.TSE: 6898

Financial Results for the First Quarter Year Ended April 30, 2022

· Issued by Tomita Electric Co., Ltd.

June 3,2022

Fiscal 2023 First-quarter Consolidated Earnings Report(Japanese GAAP)

Company name:

TOMITA ELECTRIC CO.,LTD.

Stock exchange listing

Tokyo JASDAQ

Securities code.:

6898

URL

https://www.tomita-electric.com/en/

Representative:

President Tetsuro Kamitani

Inquiries:

Director Yoichiro Kamitani

TEL

+81-857-22-8441

Quarterly statement filing date (as planned)

June 14,2022

Scheduled date of start of dividend payout

-

Preparation of quarterly supplementary explanatory material :

None

Quarterly results briefing held :

None

(Figures less than one million are rounded down)

1. Results for the First Quarter of Fiscal 2023

(From February 1,2022 to

April 30,2022 )

(1) Consolidated Operating Results (Percentages represent changes over the previous fiscal year)

Net Sales

Operating Income

Ordinary Income

Profit attributable to

owners of the parent

(million yen)

%

(million yen)

%

(million yen)

%

(million yen)

%

Fiscalyear 2023 First Quarter

505

45.9

96

851.9

100

836.7

84

752.7

Fiscalyear 2022 First Quarter

346

36.8

10

-

10

-

9

-

(Note) Comprehensive income

FY2023 First Quarter

142 million yen [134.5%] FY2022 First Quarter

60 million yen

[-%]

Net Income

Diluted Net Income

per Share

per Share

(yen)

(yen)

Fiscalyear 2023 First Quarter

127.48

-

Fiscalyear 2022 First Quarter

14.95

-

(2) Consolidated Financial Position

Total Assets

Net Assets

Equity Ratio

(million yen)

(million yen)

%

As of April 30,2022

4,411

3,434

77.9

As of January 31,2022

4,262

3,292

77.2

Reference: Shareholders' Equity

As of April 30,2022

3,434 million yen

As of January 31,2022

3,292 million yen

2. Dividends

Dividends per Share

1Q end

2Q end

3Q end

Year-end

Full Year

(yen)

(yen)

(yen)

(yen)

(yen)

Fiscal year 2022

-

0.00

-

0.00

0.00

Fiscal year 2023

-

Fiscal year 2023

(projected)

0.00

-

0.00

0.00

(Note) Changes to the latest dividend forecast announced: None

3.Consolidated Outlook for the Fiscal Year Ending January 31,2023

(From February 1,2022

to January 31,2023 )

(Percentages represent changes over the previous fiscal year)

Net Sales

Operating Income

Ordinary Income

Profit attributable to

Net Income

owners of the parent

per Share

(million yen)

%

(million yen)

%

(million yen)

%

(million yen)

%

(yen)

Interim

878

7.1

54

-33.8

54

-34.6

43

-41.7

65.74

Full Year

1,879

2.8

132

3.5

132

-4.4

101

-5.3

153.29

(Note) Changes to the latest consolidated results forecast announced: None