Yushin Precision Equipment : Partial Correction of “Other Electronic Provision Measures Matters for the 50th Ordinary GSM (Matters Omitting the Delivery of Documents)”

June 16, 2023

YUSHIN PRECISION EQUIPMENT CO., LTD. (TSE Prime: 6482) Representative: Takayo Kotani, Representative Director and President Inquiries: Kota Oda, Director and Executive Vice President, General Manager of Admin. Div.

Tel: [phone]

Partial Correction of "Other Electronic Provision Measures Matters

upon Notice of Convocation for the 50th Ordinary General Meeting of Shareholders (Matters Omitting the Delivery of Documents)"

Regarding "Other Electronic Provision Measures Matters upon Notice of Convocation for the 50th Ordinary General Meeting of Shareholders (Matters Omitting the Delivery of Documents)" posted on the Tokyo Stock Exchange website on May 26, 2023, there were some items that should be corrected. We inform the correction as follows. In addition, "Other Electronic Provision Measures Matters upon Notice of Convocation for the 50th Ordinary General Meeting of Shareholders (Matters Omitting the Delivery of Documents)" posted on our website reflects the following corrections.

1. Correction Point

P.11 of "Other Electronic Provision Measures Matters upon Notice of Convocation for the 50th Ordinary General Meeting of Shareholders (Matters Omitting the Delivery of Documents)"

6. Notes to Tax-effect Accounting

2. Contents of Correction (Corrections are underlined.) (Before Correction)

Breakdown by cause of deferred tax assets and liabilities

Deferred tax assets	(Thousands of yen)
Inventories	63,365
Excess depreciation of property, plant and equipment	349,312
Excess amortization of intangible assets	81,159
Provision for bonuses	91,500
Provision for product warranties	50,630
Other	59,299
Total deferred tax assets	695,266
Deferred tax liabilities
Prepaid pension costs	63,337
Valuation difference on available-for-sale securities	52,158
Total deferred tax liabilities	115,495
Net deferred tax assets	579,770
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(After Correction)
Breakdown by cause of deferred tax assets and liabilities
Deferred tax assets	(Thousands of yen)
Inventories	63,365
Excess depreciation of property, plant and equipment	349,312
Excess amortization of intangible assets	81,159
Provision for bonuses	91,500
Provision for product warranties	50,630
Other	88,088
Subtotal deferred tax assets	724,055
Valuation allowance	(28,789)
Total deferred tax assets	695,266
Deferred tax liabilities
Prepaid pension costs	63,337
Valuation difference on available-for-sale securities	52,158
Total deferred tax liabilities	115,495
Net deferred tax assets	579,770

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