Tomita Electric Co., Ltd.TSE: 6898

Financial Results for the Second Quarter Year Ended July 31, 2022

· Issued by Tomita Electric Co., Ltd.

September 7,2022

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

Company name:

TOMITA ELECTRIC CO.,LTD.

Securities code.:

6898

Representative:

President Tetsuro Kamitani

Inquiries:

Director Yoichiro Kamitani

Quarterly statement filing date (as planned) Scheduled date of start of dividend payout

Preparation of quarterly supplementary explanatory material : Quarterly results briefing held :

Stock exchange listing

Tokyo Standard

URL

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

TEL

+81-857-22-8441

September 14,2022

-

None

None

(Figures less than one million are rounded down)

1. Results for the Second Quarter of Fiscal 2023

(From February 1,2022 to

July 31,2022 )

(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 Second Quarter

1,105

34.9

166

103.2

158

91.6

113

53.1

Fiscalyear 2022 Second Quarter

819

45.7

81

-

82

-

74

-

(Note) Comprehensive income FY2023 Second Quarter 287 million yen [128.1%] FY2022 Second Quarter 126 million yen [-%]

Net Income

Diluted Net Income

per Share

per Share

(yen)

(yen)

Fiscalyear 2023 Second Quarter

172.64

-

Fiscalyear 2022 Second Quarter

112.76

-

(2) Consolidated Financial Position

Total Assets

Net Assets

Equity Ratio

(million yen)

(million yen)

%

As of July 31,2022

4,644

3,579

77.1

As of January 31,2022

4,262

3,292

77.2

Reference: Shareholders' Equity As of July 31,2022 3,579 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

-

0.00

Fiscal year 2023

(projected)

-

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)

Full Year

2,107

15.2

244

91.0

237

70.9

171

60.8

260.19

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