Page 1

Note : This document has been translated from the Japanese original for reference purposes only . In the event of any discrepancy between this translated document and the Japanese original , the original shall prevail . FASF 1 . Consolidated Financial Results for the Three Months Ended January 31 , 2021 Company name : Kobe Bussan Co. , Ltd. Security code : Contact : Representative : Phone : 3038 ( Under Japanese GAAP ) URL : Listing : Tokyo Stock Exchange https://www.kobebussan.co.jp/ Hirokazu Numata , President and Representative Director Masahiro Sakamoto , Manager , Corporate Planning Department + 81-79-496-6610 Scheduled date to file Quarterly Securities Report : Scheduled date to commence payment of dividends : Preparation of supplementary material on quarterly financial results : Investors meeting presentation for quarterly financial results : March 16 , 2021 March 15 , 2021 Yes ( https://www.kobebussan.co.jp/ir/news.php ) No ( Amounts less than one million yen have been omitted . ) Consolidated financial results for the three months ended January 31 , 2021 ( from November 1 , 2020 to January 31 , 2021 ) ( 1 ) Consolidated operating results ( Percentage indicates year - on - year changes . ) Profit attributable to owners of parent Net sales Operating profit Ordinary profit Three months ended January 31 , 2021 Millions of yen 85,045 January 31 , 2020 81,597 % Millions of yen 4.2 7,034 15.5 5,634 % Millions of yen 24.9 33.5 7,019 5,751 % 22.0 42.2 Millions of yen % 4,598 29.2 3,559 32.1 Note : Comprehensive income For the three months ended January 31 , 2021 : ¥ 4,626 million [ 22.6 % ] For the three months ended January 31 , 2020 : ¥ 3,775 million [ 34.3 % ] Three months ended January 31 , 2021 January 31 , 2020 Note : Basic earnings per share Diluted earnings per share Yen 21.29 16.55 Yen 20.80 16.22 As we conducted a 2 - for - 1 stock split of common shares effective on November 1 , 2020 , both basic and diluted earnings per share were calculated based on the assumption that the stock split had been conducted at the beginning of the fiscal year ended October 31 , 2020 . ( 2 ) Consolidated financial position Total assets Millions of yen 140,488 148,175 Net assets Millions of yen Equity - to - asset ratio Net assets per share % Yen 60,875 59,268 42.1 273.85 39.0 267.42 As of January 31 , 2021 October 31 , 2020 As of January 31 , 2021 : ¥ 59,171 million As of October 31 , 2020 : ¥ 57,758 million Note : Reference : Equity ( Shareholders ' equity + Accumulated other comprehensive income ) As we conducted a 2 - for - 1 stock split of common shares effective on November 1 , 2020 , net assets per share was calculated based on the assumption that the stock split had been conducted at the beginning of the fiscal year ended October 31 , 2020 . 2 . Cash Dividends Fiscal year Ended October 31 , 2020 Ending October 31 , 2021 Annual dividends per share First quarter - end Second quarter - end Yen Yen 0.00 Third quarter - end Yen Fiscal Total year - end Yen 30.00 Yen 30.00 0.00 15.00 15.00 Ending October 31 , 2021 ( Forecast ) Notes : 1. Revisions to cash dividend forecast published most recently : None 2. Reflecting the effect of the 2 - for - 1 stock split of common shares effective on November 1 , 2020 , the year - end dividend forecast for the fiscal year ending October 31 , 2021 is ¥ 15.00 per share ( or ¥ 30.00 had the stock split not been carried out ) .