Securities Code: 7839

Tokyo Stock Exchange, Prime Market

SHOEI CO., LTD.

Financial Results for the Third Quarter of the Fiscal Year Ending September 30, 2022

July 27, 2022

1. Operating Results for the Third Quarter of the Fiscal Year Ending September 30, 2022

(1) Financial Highlights

Net Sales/Operating Income/Profit attributable to owners of parent

Net Sales

Million yen

24,000

20,000

13,439

16,000 10,744

12,000

8,000

4,000

0

FY2021.9 FY2022.9

Third Quarter) (Third Quarter

Operating Income

Million yen

7,000

6,000

6,400

5,000

4,860

4,000

3,000

2,000

1,000

0

FY2021.9 FY2022.9

Third Quarter)(Third Quarter

Profit attributable to owners of parent

Million yen

4,500

4,369

4,000

3,500

3,428

3,000

2,500

2,000

1,500

1,000

500

0

FY2021.9 FY2022.9

Third Quarter)(Third Quarter

Average foreign exchange rates for the term (the Third Quarter of the FY ending Sep. 2022) US$/JPY=119.81, EUR/JPY=133.27

1

Overseas subsidiary conversion rates (end of March 2022) US$/JPY=122.39, EUR/JPY=136.70

(2) Consolidated Sales Volume and Net Sales by Region

Consolidated Sales Volume and Net Sales by Region

Sales Volume

Thousand units

600

495

500

Other

33

China

400

119

North

300

America

63

200

Europe

178

100

Japan

100

0

577

42

64

122

225

123

+82 thousand

16.6

+9 thousand

27.3

-55 thousand

-46.4

+59 thousand

93.4

+46 thousand

26.2

+22thousand

22.4

Net Sales

Million yen

24,000

+¥3,613 million

21,133

20.6

17,519

1,491

+¥416 million

2,191

38.7

18,000

Other

-¥1,672 million

1,075

-43.3

China

3,914

+¥1,963 million

3,864

100.6

12,000

North

America

1,951

Europe

9,042

+¥2,158 million

31.4

6,000

6,883

Japan

4,493

+¥748 million

3,745

20.0

0

FY2021.9

FY2022.9

(Third Quarter)

(Third Quarter)

2021/9

2022/9

FY2021.9

FY2022.9

3Q

(Third Quarter)

(Third Quarter)

2

(3) Consolidated Balance Sheets

Assets

Liabilities/Net Assets

UnitMillion yen

UnitMillion yen

4,171

Increase in

Current liabilities

Cash and deposits

3,906

Accounts payable, etc.

+264

1,187

+71

11,497

Liabilities

1,342

Non-current

Increase in

liabilities

11,426

Cash and deposits

-155

Retained earnings

Current

Trade receivables

Assets

+735

3,129

Net

2,393

Assets

Inventories

Increase in

20,948

Increase in

Net assets

+1,107

4,791

Inventories

18,528

retained earnings

3,683

+2,420

Other

Increase in merchandise

and finished goods

1,350

-37

1,313

Property, plant

Increase in

and equipment

property, plant and

Non-current

3,874

+621

4,495

equipment

Assets

Investments and

Increased investment in

933

Other assets

952

plant and equipment

+19

Sep.30, 21

Jun.30, 22

Sep.30 ,21

Jun.30, 22

3

2. Result Forecasts for FY ending September 2022

  1. Sales and Profit Forecasts

Net Sales/Operating Income/Profit Attributable to Owners of Parent

Net Sales

Operating Income

Profit Attributable to Owners of Parent

(Million yen)

30,000

28,930

25,000

23,752

20,000

15,000

10,000

5,000

0

FY ended Forecast for

Sep. 2021 FY ending Sep. 2022

(Million yen)

9,000

8,000

8,060

7,000

6,000

6,024

5,000

4,000

3,000

2,000

1,000

0

FY ended Forecast for

Sep. 2021 FY ending Sep. 2022

(Million yen)

6,000

5,650

5,000

4,407

4,000

3,000

2,000

1,000

0

FY ended

Forecast for

Sep. 2020

FY ending Sep. 2021

Average foreign exchange rates for the term (the Forecasts of the FY ending Sep. 2022) US$/JPY=121.19, EUR/JPY=134.04 Overseas subsidiary conversion rates (end of June 2022) US$/JPY=136.68, EUR/JPY=142.67

4

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Shoei Co. Ltd. published this content on 27 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2022 07:51:06 UTC.