Page 1

Translation Notice : This document is an excerpt translation of the original Japanese document and is only for reference purposes . In the event of any discrepancy between this translated document and the original Japanese document , the latter shall prevail . Summary of Consolidated Financial Results for the Nine Months Ended December 31 , 2020 ( Based on Japanese GAAP ) Company name : TOYO CONSTRUCTION CO . , LTD . Stock exchange listing : Tokyo Stock code : 1890 Representative : URL https://www.toyo-const.co.jp/ Representative Director , President Kyoji Takezawa Inquiries : General Manager , Administration Dept. Business Administration Div . Mamoru Sato TEL 03-6361-5450 Scheduled date to file Quarterly Securities Report : February 8 , 2021 Scheduled date to commence dividend payments : Preparation of supplementary material on quarterly financial results : Holding of quarterly financial results meeting : Yes No February 8 , 2021 1. Consolidated financial results for the nine months ended December 31 , 2020 ( from April 1 , 2020 to December 31 , 2020 ) ( 1 ) Consolidated operating results ( cumulative ) ( Amounts less than one million yen are rounded down ) Percentages indicate year - on - year changes Profit attributable to Net sales Operating profit Nine months ended December 31 , 2020 Nine months ended December 31 , 2019 Millions of yen 123,756 133,121 % Millions of yen ( 7.0 ) 8,922 14.4 % 18.0 7,564 53.3 Ordinary profit Millions of yen 8,623 7,473 42.5 owners of parent % 15.4 Millions of yen % 5,698 18.6 4,805 43.2 Earnings per share Diluted earnings per share Yen Yen Nine months ended December 31 , 2020 Nine months ended December 31 , 2019 ( 2 ) Consolidated financial position 60.64 51.08 As of December 31 , 2020 As of March 31 , 2020 2. Cash dividends Year ended March 31 , 2020 Year ending March 31 , 2021 Total assets Millions of yen 138,123 135,516 Net assets Equity ratio Net assets per share Millions of yen % Yen 61,946 43.7 642.97 57,329 41.3 595.12 1st quarter - end 2nd quarter - end Annual dividends per share 3rd quarter - end Fiscal year - end Total Yen Yen Yen Yen Yen 15.00 15.00 20.00 20.00 Year ending March 31 , 2021 ( Forecast ) 3. Forecast of consolidated financial results for the year ending March 31 , 2021 ( from April 1 , 2020 to March 31 , 2021 ) Net sales Operating profit Ordinary profit Full year Millions of yen 169,000 % Millions of yen ( 3.3 ) 10,900 % Millions of yen 17.6 10,700 16.7 Percentages indicate year - on - year changes Profit attributable to owners of parent % Millions of yen % 7,000 21.4 Earnings per share Yen 74.49 1