en Japan Inc.

3rd Quarter FY March 2022 Earnings Announcement [Japan GAAP] (Consolidated)

February 10, 2022

Company Name

en Japan Inc.

Listing Exchanges

First Section of the Tokyo Stock Exchange

Stock Code

4849

URL

https://corp.en-japan.com/

Representative (Title)

President

(Name)

Takatsugu Suzuki

Contact (Title)

Administration Division

(Name)

Toshio Hijikata

Telephone +81-3-3342-4506

Director

Scheduled Date for Submission of Quarterly Report

February 10, 2022

Scheduled Date to Begin Dividend Payments

-

Preparation of Quarterly Summary Supplementary Explanatory Materials

Yes

Quarterly Earnings Briefing

No

(Figures rounded down to nearest million yen)

1. FY Ending March 2021 Cumulative Third Quarter Operating Results (From April 1, 2021 to December 31, 2021)

(1) Consolidated Operating Results (cumulative)

(Percentages indicate percent change from prior fiscal year)

Net Sales

Operating Income

Ordinary Income

Profit Attributable to

Owners of Parent

Million yen

%

Million yen

%

Million yen

%

Million yen

%

FYE 3/22 3rd Qrtr

38,904

25.0

7,252

43.8

7,485

45.3

5,037

70.8

FYE 3/21 3rd Qrtr

31,116

-25.7

5,044

-38.5

5,150

-37.0

2,948

-46.2

(Note) Comprehensive income

FYE 3/22 3rd Qrtr 5,567 million yen (96.8%)

FYE 3/21 3rd Qrtr 2,828 million yen (-45.7%)

EPS

Fully Diluted EPS

Yen

Yen

FYE 3/22 3rd Qrtr

112.29

112.08

FYE 3/21 3rd Qrtr

65.83

65.65

(2) Consolidated Financial Position

Total Assets

Net Assets

Net Asset Ratio

Million yen

Million yen

%

FYE 3/22 3rd Qrtr

52,304

39,480

74.4

FYE 3/21

46,644

36,856

77.8

(Reference)

Core capital

FYE 3/22 3rd Qrtr 38,933 million yen

FYE 3/21

36,311 million yen

2. Dividends

Dividends per Share

1st Quarter-end

2nd Quarter-end

3rd Quarter-end

Year-end

Full Year

Yen

Yen

Yen

Yen

Yen

FYE 3/21

-

0.00

-

37.10

37.10

FYE 3/22

-

0.00

-

FYE 3/22 (projected)

72.50

72.50

(Note) Revisions to the Company's latest dividend forecast: None

3. FY Ending March 2022 Projected Consolidated Operating Results (April 1, 2021 - March 31, 2022)

(Percentages indicate percentage change from prior fiscal year)

Net Sales

Operating Income

Ordinary Income

Profit Attributable to

EPS

Owners of Parent

Million yen

%

Million yen

%

Million yen

%

Million yen

%

Yen

Full year

51,000

19.4

10,000

28.7

9,999

25.9

6,842

95.4

152.77

(Note) Revisions to the Company's latest operating results projections: None

  • Notes
    1. Changes in material subsidiaries during the cumulative quarter under review (Change in specific subsidiaries that will accompany a change in scope of consolidation)

Newly included

None

(Name of company) -

Exclusion

None

(Name of company) -

  1. Adoption of special accounting treatment used in preparation of the quarterly consolidated financial statements
  2. Changes in accounting policy, changes in accounting estimates, or restatement due to correction
  1. Changes in accounting policy accompanying amendment of accounting principles:
  2. Changes in accounting policy other than "a."
  3. Changes in accounting estimates:
  4. Restatement due to correction:
  1. Number of shares issued (common share)

a. Number of shares issued at the end of the period (including treasury shares)

FYE 3/22 3rd Qrtr

49,716,000 shares

FYE 3/21

49,716,000 shares

b. Number of shares of treasury shares at the end of the period

FYE 3/22 3rd Qrtr

4,810,777 shares

FYE 3/21

4,923,672 shares

c. Average number of shares issued during the period (quarter year-to-date)

FYE 3/22 3rd Qrtr

44,861,604 shares

FYE 3/21 3rd Qrtr

44,793,205 shares

No

Yes

Yes

No

No

No

  • The quarterly earnings announcement is not within the scope of the quarterly review procedure by a certified public accountant or an audit corporation.
  • Explanation regarding appropriate use of operating results projections, other special notes

(Points to note on future descriptions)

  • Forward-lookingstatements including projected operating results contained in this report and supplementary materials are based on information currently available to the Company and on certain assumptions deemed as rational, and are not intended to guarantee achievements by the Company. Actual results may differ significantly from such projections due to various factors.

Attachments Table of Contents

1. Quarterly Consolidated Financial Statements and Key Notes

- 2 -

(1) Quarterly Consolidated Balance Sheets .......................................................................................................

- 2 -

(2) Quarterly Consolidated Statements of Income and Quarterly Consolidated Statements of Comprehensive

Income.....................................................................................................................................................

- 3 -

(3) Notes regarding Quarterly Consolidated Financial Statements ...................................................................

- 5 -

(Notes relating to the Going Concern Assumption).......................................................................................

- 5 -

(Changes in Accounting Policy) ....................................................................................................................

- 5 -

(Adoption of Special Accounting Treatment Used in Preparation of the Quarterly Consolidated Financial

Statements) ....................................................................................................................................................

- 5 -

(Notes on Significant Changes to Shareholders' Equity) ...............................................................................

- 6 -

(Segment Information)...................................................................................................................................

- 6 -

*The Company plans to post supplementary materials to explain financial results on its website today.

Please refer to the URL below.

https://corp.en-japan.com/IR/

- 1 -

1. Quarterly Consolidated Financial Statements and Key Notes

  1. Quarterly Consolidated Balance Sheets

(Unit: Million yen)

Previous Fiscal Year

Third Quarter of Current Fiscal

Year

(As of March 31, 2021)

(As of December 31, 2021)

Assets

Current assets

Cash and deposits

26,374

29,994

Notes and accounts receivable - trade

4,347

5,030

Securities

2,031

2,000

Other

1,079

857

Allowance for doubtful accounts

-108

-90

Total current assets

33,724

37,792

Non-current assets

Property, plant and equipment

621

600

Intangible assets

Goodwill

2,840

2,674

Other

4,158

4,363

Total intangible assets

6,999

7,038

Investments and other assets

Investment securities

2,285

2,620

Shares of subsidiaries and associates

132

697

Other

3,239

3,914

Allowance for doubtful accounts

-359

-360

Total investments and other assets

5,299

6,872

Total non-current assets

12,920

14,511

Total assets

46,644

52,304

Liabilities

Current liabilities

Accounts payable - trade

434

846

Income taxes payable

955

1,343

Provision for bonuses

1,122

678

Provision for directors' bonuses

2

Advances received

2,307

3,784

Other

3,438

4,529

Total current liabilities

8,260

11,182

Non-current liabilities

Provision for share benefits

389

424

Asset retirement obligations

203

249

Other

934

966

Total non-current liabilities

1,527

1,640

Total liabilities

9,788

12,823

Net assets

Shareholders' equity

Capital stock

1,194

1,194

Capital surplus

998

908

Retained earnings

39,399

41,557

Treasury shares

-5,228

-5,086

Total shareholders' equity

36,365

38,573

Accumulated other comprehensive income

Valuation difference on available-for-sale securities

113

178

Foreign currency translation adjustment

-167

180

Total accumulated other comprehensive income

-53

359

Subscription rights to shares

136

131

Non-controlling interests

408

416

Total net assets

36,856

39,480

Total liabilities and net assets

46,644

52,304

- 2 -

  1. Quarterly Consolidated Statements of Income and Quarterly Consolidated Statements of Comprehensive Income

Quarterly Consolidated Statements of Income

Cumulative Third Quarter

(Unit: Million yen)

Cumulative Third Quarter of

Cumulative Third Quarter of

the Previous Fiscal Year

the Current Fiscal Year

(From April 1, 2020

(From April 1, 2021

to December 31, 2020)

to December 31, 2021)

Net sales

31,116

38,904

Cost of sales

6,402

8,033

Gross profit

24,714

30,870

Selling, general and administrative expenses

19,669

23,618

Operating income

5,044

7,252

Non-operating income

Interest income

73

90

Dividend income

10

27

Foreign exchange gains

21

Reversal of allowance for doubtful accounts

0

Subsidy for employment adjustment

50

Gain on investments in partnership

86

Other

47

26

Total non-operating income

181

252

Non-operating expenses

Interest expenses

0

1

Loss on investments in partnership

16

Foreign exchange losses

38

Provision of allowance for doubtful accounts

7

Other

11

19

Total non-operating expenses

75

20

Ordinary income

5,150

7,485

Extraordinary income

Gain on sales of non-current assets

1

0

Gain on sales of investment securities

33

Gain on sales of shares of subsidiaries and associates

19

Total extraordinary income

21

33

Extraordinary losses

Loss on sales of non-current assets

0

Impairment loss

459

Loss on retirement of non-current assets

40

15

Loss on sales of investment securities

3

Loss on valuation of investment securities

204

Loss on valuation of shares of subsidiaries and

10

associates

Loss on sales of shares of subsidiaries and associates

15

Total extraordinary losses

730

18

Profit before income taxes

4,441

7,500

Income taxes-current

1,457

2,377

Total income taxes

1,457

2,377

Profit

2,984

5,122

Profit attributable to non-controlling interests

35

85

Profit attributable to owners of parent

2,948

5,037

- 3 -

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En-Japan Inc. published this content on 22 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 February 2022 08:10:06 UTC.