Summary of Financial Results:First Half of FY2022

Summary of Financial Results:

First Half of FY2022

November 8, 2022

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Agenda

1. FY2022 Q2 Financial Overview
2. FY2022 Full-year Forecast
3. Mid-termplan forecast

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2

Summary

Q2

Overview

FY2022

Full-year

Forecast

• Although there was an impact of reduced automobile production and increased expanses in 1H,
  Nifco achieved OP Margin of 10.3% thanks to
  an increase in installed value per vehicle and thorough control of fixed cost
• Exchange rate assumptions have been revised, but full-year results remain unchanged
• Increased expenses and delayed recovery of automobile production are expected,
  but focus on unit price review
• Dividend forecast for this fiscal year remains unchanged (62 yen/share)

Mid-term	• Maintain quantitative MTP target (FY2024)
Plan

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3

Agenda

1. FY2022 Q2 Financial Overview
2. FY2022 Full-year Forecast
3. Mid-termPlan Forecast

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4

1. Financial Highlights

Secured almost double-digit OP margin despite the severe business environment

• Net sales remained at high level partly due to yen depreciation
• Secured almost double-digit OP margin despite inflation, delayed production recovery, etc. Remained profitability

(Billions of yen)

80.0

Net sales :

75.720.0%

Operating margin :

70.0

15.0%

60.0

10.0%

50.0

9.6%

40.0

5.0%

30.0

0.0%

20.0

-5.0%

10.0

0.0

-10.0%

08/Q1

Q3

09/Q1

Q3

10/Q1

3Q

11/1Q

3Q

12/1Q

3Q

13/1Q

3Q

14/1Q

3Q

15/1Q

3Q

16/1Q

3Q

17/1Q

3Q

18/1Q

3Q

19/1Q

3Q

20/1Q

3Q

21/1Q

3Q

22/1Q

22/2Q

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