Note: This document has been translated from a part of 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.
June 8, 2022
Summary of Non-consolidated Financial Results | |
for the Three Months Ended April 30, 2022 | |
(Under Japanese GAAP) | |
Company name: | Artner Co., Ltd. |
Listing: | Tokyo Stock Exchange |
Securities code: | 2163 |
URL: | https://www.artner.co.jp/ |
Representative: | SEKIGUCHI Sozo, President and CEO |
Inquiries: | HARIGAE Tomonori, Director; Head of the Management Division |
Telephone: | +81-6-6445-7551 |
Scheduled date to file quarterly securities report: | June 10, 2022 | |||||||||||||||||||||
Scheduled date to commence dividend payments: | - | |||||||||||||||||||||
Preparation of supplementary material on quarterly financial results: | Yes | |||||||||||||||||||||
Holding of quarterly financial results briefing: | Yes (for individual investors) | |||||||||||||||||||||
(Yen amounts are rounded down to millions, unless otherwise noted.) | ||||||||||||||||||||||
1. Non-consolidated financial results for the three months ended April 30, 2022 (from February 1, 2022 to April 30, 2022) | ||||||||||||||||||||||
(1) Non-consolidatedoperating results (cumulative) | (Percentages indicate year-on-year changes.) | |||||||||||||||||||||
Net sales | Operating profit | Ordinary profit | Profit | |||||||||||||||||||
Three months ended | Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | ||||||||||||||
April 30, 2022 | 2,232 | 11.4 | 378 | 16.0 | 379 | 15.0 | 263 | 15.1 | ||||||||||||||
April 30, 2021 | 2,003 | 6.9 | 326 | 21.1 | 329 | 21.8 | 228 | 22.1 | ||||||||||||||
Earnings per share | Diluted earnings per share | |||||||||||||||||||||
Three months ended | Yen | Yen | ||||||||||||||||||||
April 30, 2022 | 24.78 | ― | ||||||||||||||||||||
April 30, 2021 | 21.53 | ― | ||||||||||||||||||||
(2) Non-consolidated financial position | ||||||||||||||||||||||
Total assets | Net assets | Equity ratio | ||||||||||||||||||||
As of | Millions of yen | Millions of yen | % | |||||||||||||||||||
April 30, 2022 | 5,366 | 3,627 | 67.6 | |||||||||||||||||||
January 31, 2022 | 5,088 | 3,582 | 70.4 | |||||||||||||||||||
Reference: Equity | As of April 30, 2022: | ¥ 3,627 million | ||||||||||||||||||||
As of January 31, 2022: | ¥ 3,582 million | |||||||||||||||||||||
2. Cash dividends | ||||||||||||||||||||||
Annual dividends per share | ||||||||||||||||||||||
First quarter-end | Second quarter-end | Third quarter-end | Fiscal year-end | Total | ||||||||||||||||||
Yen | Yen | Yen | Yen | Yen | ||||||||||||||||||
Fiscal year ended | ― | 14.00 | ― | 20.50 | 34.50 | |||||||||||||||||
January 31, 2022 | ||||||||||||||||||||||
Fiscal year ending | ― | |||||||||||||||||||||
January 31, 2023 | ||||||||||||||||||||||
Fiscal year ending | 19.00 | ― | 19.00 | 38.00 | ||||||||||||||||||
January 31, 2023 (Forecast) | ||||||||||||||||||||||
Note: Revisions to the forecast of cash dividends most | recently announced: | None |
3. Forecast of non-consolidated financial results for the year ending January 31, 2023 (from February 1, 2022 to January 31, 2023)
(Percentages indicate year-on-year changes.)
Net sales | Operating profit | Ordinary profit | Profit | Earnings per share | ||||||||||
Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | Yen | ||||||
Full year | 8,798 | 8.6 | 1,147 | 13.6 | 1,150 | 11.4 | 797 | 9.4 | 75.01 |
Note: Revisions to the forecast of non-consolidated financial results most recently announced: None
Note: Only the full-year forecast is shown because ARTNER manages performance on a fiscal year basis.
1
* Notes
- Adoption of accounting treatment specific to the preparation of quarterly non-consolidated financial statements: None
- Changes in accounting policies, changes in accounting estimates, and restatement
- Changes in accounting policies due to revisions to accounting standards and other regulations: Yes
- Changes in accounting policies due to other reasons: None
- Changes in accounting estimates: None
- Restatement: None
- Number of issued shares (common shares)
- Total number of issued shares at the end of the period (including treasury shares)
As of April 30, 2022 | 10,627,920 shares |
As of January 31, 2022 | 10,627,920 shares |
- Number of treasury shares at the end of the period
As of April 30, 2022 | 2,376 shares |
As of January 31, 2022 | 2,376 shares |
- Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)
Three months ended April 30, 2022 | 10,625,544 shares |
Three months ended April 30, 2021 | 10,625,544 shares |
- Quarterly financial results reports are exempt from quarterly review conducted by certified public accountants or an audit corporation.
- Proper use of earnings forecasts, and other special matters
(Caution regarding forward-looking statements, etc.)
The forward-looking statements, including earnings forecasts, contained in these materials are based on information currently available to the Company and on certain assumptions deemed to be reasonable. Consequently, the statements herein do not constitute assurances regarding the Company's actual results. Actual financial and other results may differ substantially from the statements herein due to various factors.
2
Quarterly non-consolidated financial statements
Non-consolidated balance sheets
(Thousands of yen) | |||||||
As of January 31, 2022 | As of April 30, 2022 | ||||||
Assets | |||||||
Current assets | |||||||
Cash and deposits | 3,554,199 | 3,585,365 | |||||
Notes and accounts receivable - trade | 1,011,154 | 1,158,122 | |||||
Work in process | 950 | 4,707 | |||||
Raw materials and supplies | 3,637 | 3,740 | |||||
Other | 51,712 | 75,835 | |||||
Allowance for doubtful accounts | 6,000 | 6,900 | |||||
Total current assets | 4,615,653 | 4,820,870 | |||||
△ | △ | ||||||
Non-current assets | |||||||
Property, plant and equipment | 82,431 | 82,248 | |||||
Intangible assets | 37,143 | 37,436 | |||||
Investments and other assets | |||||||
Leasehold and guarantee deposits | 84,959 | 94,726 | |||||
Other | 268,796 | 331,039 | |||||
Total investments and other assets | 353,755 | 425,765 | |||||
Total non-current assets | 473,330 | 545,450 | |||||
Total assets | 5,088,983 | 5,366,321 | |||||
Liabilities | |||||||
Current liabilities | |||||||
Income taxes payable | 232,197 | 189,008 | |||||
Provision for bonuses | 141,450 | 311,507 | |||||
Other | 553,556 | 632,567 | |||||
Total current liabilities | 927,204 | 1,133,083 | |||||
Non-current liabilities | |||||||
Provision for retirement benefits | 579,533 | 605,683 | |||||
Total non-current liabilities | 579,533 | 605,683 | |||||
Total liabilities | 1,506,737 | 1,738,766 | |||||
Net assets | |||||||
Shareholders' equity | |||||||
Share capital | 238,284 | 238,284 | |||||
Capital surplus | 168,323 | 168,323 | |||||
Retained earnings | 3,171,444 | 3,216,930 | |||||
Treasury shares | 739 | 739 | |||||
Total shareholders' equity | 3,577,312 | 3,622,798 | |||||
△ | △ | ||||||
Valuation and translation adjustments | |||||||
Valuation difference on available-for-sale | 4,933 | 4,756 | |||||
securities | |||||||
Total valuation and translation adjustments | 4,933 | 4,756 | |||||
Total net assets | 3,582,246 | 3,627,554 | |||||
Total liabilities and net assets | 5,088,983 | 5,366,321 |
3
Non-consolidated statements of income (cumulative)
(Thousands of yen) | |||||
Three months ended | Three months ended | ||||
April 30, 2021 | April 30, 2022 | ||||
Net sales | 2,003,655 | 2,232,489 | |||
Cost of sales | 1,197,218 | 1,387,242 | |||
Gross profit | 806,437 | 845,247 | |||
Selling, general and administrative expenses | 480,352 | 467,134 | |||
Operating profit | 326,084 | 378,112 | |||
Non-operating income | |||||
Interest income | 0 | 0 | |||
Dividend income | 47 | 55 | |||
Commission income | 154 | 145 | |||
Sales income of training materials | 550 | 486 | |||
Subsidy income | 2,108 | - | |||
Gain on forfeiture of unclaimed dividends | 689 | 633 | |||
Other | 274 | 131 | |||
Total non-operating income | 3,826 | 1,452 | |||
Non-operating expenses | |||||
Interest expenses | - | 130 | |||
Other | 404 | 353 | |||
Total non-operating expenses | 404 | 484 | |||
Ordinary profit | 329,507 | 379,081 | |||
Extraordinary losses | |||||
Loss on retirement of non-current assets | 0 | - | |||
Total extraordinary losses | 0 | - | |||
Profit before income taxes | 329,507 | 379,081 | |||
Income taxes - current | 160,579 | 178,334 | |||
Income taxes - deferred | △ | 59,792 | △ | 62,562 | |
Total income taxes | 100,786 | 115,772 | |||
Profit | 228,720 | 263,308 |
4
Non-consolidated statements of cash flows
(Thousands of yen) | |||||||||||||
Three months ended | Three months ended | ||||||||||||
April 30, 2021 | April 30, 2022 | ||||||||||||
Cash flows from operating activities | |||||||||||||
Profit before income taxes | 329,507 | 379,081 | |||||||||||
Depreciation | 6,871 | 6,197 | |||||||||||
Increase (decrease) in allowance for doubtful accounts | 800 | 900 | |||||||||||
Increase (decrease) in provision for bonuses | 153,654 | 170,057 | |||||||||||
Increase (decrease) in provision for retirement benefits | 21,682 | 26,150 | |||||||||||
Interest and dividend income | △ | 48 | △ | 55 | |||||||||
Interest expenses | - | 130 | |||||||||||
Decrease (increase) in accounts receivable - other | 3,459 | 463 | |||||||||||
Decrease (increase) in trade receivables | 124,324 | 146,968 | |||||||||||
Decrease (increase) in inventories | △ △2,083 | △ | 3,860 | ||||||||||
Increase (decrease) in accrued consumption taxes | △ | △ | |||||||||||
△3,099 | △2,889 | ||||||||||||
Increase (decrease) in accounts payable - other | 66,033 | 67,173 | |||||||||||
Other, net | △30,324 | 103,541 | |||||||||||
△ | |||||||||||||
Subtotal | 283,141 | 465,574 | |||||||||||
△ | |||||||||||||
Interest and dividends received | 48 | 55 | |||||||||||
Interest paid | - | 130 | |||||||||||
Income taxes paid | 167,599 | 215,553 | |||||||||||
△ | |||||||||||||
△115,590 | △249,945 | ||||||||||||
Net cash provided by (used in) operating activities | |||||||||||||
Cash flows from investing activities | |||||||||||||
Purchase of property, plant and equipment | 3,909 | 1,863 | |||||||||||
Purchase of intangible assets | △3,566 | △4,444 | |||||||||||
Payments of leasehold and guarantee deposits | △ | 64 | △9,826 | ||||||||||
Proceeds from refund of leasehold and guarantee | △- | △ | 60 | ||||||||||
deposits | |||||||||||||
Other, net | 6 | 6 | |||||||||||
Net cash provided by (used in) investing activities | 7,546 | 16,080 | |||||||||||
△ | △ | △ | △ | ||||||||||
Cash flows from financing activities | |||||||||||||
Dividends paid | 113,319 | 202,699 | |||||||||||
△113,319 | △202,699 | ||||||||||||
Net cash provided by (used in) financing activities | |||||||||||||
Net increase (decrease) in cash and cash equivalents | △ | 5,276 | △ | 31,165 | |||||||||
△ | |||||||||||||
Cash and cash equivalents at beginning of period | 3,019,657 | 3,554,199 | |||||||||||
Cash and cash equivalents at end of period | 3,014,381 | 3,585,365 |
5
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Artner Co. Ltd. published this content on 08 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 June 2022 07:11:02 UTC.