Tomita Electric Co., Ltd.TSE: 6898

Financial Results for the Fiscal Year Ended January 31, 2020

· Issued by Tomita Electric Co., Ltd.

March 13,2020

Consolidated Earnings Report for the Fiscal Year Ended January 31,2020(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

Date of general shareholders' meeting (as planned)

April 27,2020

Annual securities report filing date (as planned)

April 27,2020

Scheduled date of start of dividend payout

-

Preparation of quarterly supplementary explanatory material :

No

Quarterly results briefing held :

No

(Figures less than one million are rounded down)

1. Consolidated Results for the Fiscal Year Ended

January 31,2020 (From February 1,2019

to January 31,2020

)

(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)

%

Year Ended January 31,2020

1,088

-23.4

-202

-

-204

-

-166

-

Year Ended January 31,2019

1,420

-4.1

-114

-

-115

-

-117

-

(Note) Comprehensive income

Year Ended January 2020

-175 million yen [-%] Year Ended January 2019

-151

million yen [-%]

Net Income

Diluted Net Income

Ratio of Net Income to

Ratio of Ordinary

Ratio of Operating

per Share

per Share

Shareholders' Equity

Income to Total Assets

Income to Net Sales

(yen)

(yen)

%

%

%

Year Ended January 31,2020

-251.98

-

-5.0

-4.8

-18.6

Year Ended January 31,2019

-177.62

-

-3.3

-2.6

-8.1

Reference: Equity in earnings of affiliated companies

Year Ended January 2020

- million yen

Year Ended January 2019

- million yen

(2) Consolidated Financial Position

Total Assets

Net Assets

Equity Ratio

Net Assets per Share

(million yen)

(million yen)

%

(yen)

Year Ended January 31,2020

4,165

3,247

77.9

4,923.98

Year Ended January 31,2019

4,353

3,422

78.6

5,189.26

Reference: Shareholders' Equity

As of January 31,2020

3,247 million yen

As of January 31,2019

3,422 million yen

(3) Consolidated Cash Flows

Operating

Investing

Financing

Year-end Cash and

Activities

Activities

Activities

Cash Equivalents

(million yen)

(million yen)

(million yen)

(million yen)

Year Ended January 31,2020

14

-26

-13

1,109

Year Ended January 31,2019

-127

-40

-11

1,136

2. Dividends

Dividends per Share

Dividends

Dividend

Dividend on

1Q

2Q

3Q

Year

Full

Total

Payout Ratio

Equity Ratio

End

End

End

End

Year

(Year)

(Consolidated)

(Consolidated)

(yen)

(yen)

(yen)

(yen)

(yen)

(million yen)

%

%

Fiscal year 2019

-

0.00

-

0.00

0.00

-

-

-

Fiscal year 2020

-

0.00

-

0.00

0.00

-

-

-

Fiscal year 2021

(projected)

-

0.00

-

0.00

0.00

-

3.Consolidated Outlook for the Fiscal Year Ending January 31,2021 (From February 1,2020 to January 31,2021 )

(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

468

-12.0

-62

-

-61

-

-63

-

-96.53

Full Year

1,179

8.3

9

-

9

-

2

-

4.12

Company analysis