en Japan Inc.
Fiscal Year Ended March 31, 2022, Earnings Announcement [under Japanese GAAP] (Consolidated)
May 13, 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 Director | (Name) | Toshio Hijikata | Telephone +81-3-3342-4506 | ||
Regular General Shareholders' Meeting | June 28, 2022 | |||||
Scheduled date to begin dividend payments | June 29, 2022 | |||||
Scheduled date for submission of Securities Report | June 29, 2022 | |||||
Preparation of Summary Supplementary Explanatory Materials | Yes | |||||
Earnings Briefing | Yes (for analysts and institutional investors) |
(Figures rounded down to nearest million yen)
1. FY Ended March 2022 Consolidated Earnings (From April 1, 2021 to March 31, 2022)
(1) Consolidated Operating Results | (Percentages indicate percent change from the prior fiscal year) | ||||||||
Net Sales | Operating Income | Ordinary Income | Profit Attributable to | ||||||
Owners of Parent | |||||||||
Million yen | % | Million yen | % | Million yen | % | Million yen | % | ||
FYE 03/2022 | 54,544 | 27.7 | 9,633 | 24.0 | 10,138 | 27.7 | 6,628 | 89.3 | |
FYE 03/2021 | 42,725 | -24.8 | 7,771 | -29.4 | 7,939 | -28.2 | 3,502 | -50.9 |
(Note) Comprehensive income FYE 03/2022: 7,242 million yen (115.7%) FYE 03/2021: 3,357 million yen (-52.3%)
EPS | Fully Diluted EPS | ROE | Ordinary Income | Operating Income to | |
to Total Assets | Net Sales | ||||
Yen | Yen | % | % | % | |
FYE 03/2022 | 147.71 | 147.38 | 17.2 | 19.7 | 17.7 |
FYE 03/2021 | 78.19 | 77.96 | 9.5 | 16.1 | 18.2 |
(2) Consolidated Financial Position
Total Assets | Net Assets | Equity Ratio | Net Assets per Share | ||
Million yen | Million yen | % | Yen | ||
FYE 03/2022 | 56,215 | 41,160 | 72.2 | 903.89 | |
FYE 03/2021 | 46,644 | 36,856 | 77.8 | 810.66 | |
(Reference) Equity | FYE 03/2022 | 40,603 million yen | FYE 03/2021 | 36,311 million yen | |
(3) Consolidated Cash Flows | |||||
Net Cash Provided by | Net Cash Provided by | Net Cash Provided by | Cash and Cash | ||
(Used in) Operating | (Used in) Investing | (Used in) Financing | Equivalents | ||
Activities | Activities | Activities | at End of Period | ||
Million yen | Million yen | Million yen | Million yen | ||
FYE 03/2022 | 11,453 | -3,086 | -1,813 | 33,389 | |
FYE 03/2021 | 5,652 | -2,150 | -4,983 | 26,835 |
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2. Dividends
Annual Dividend | Total | Dividend | Dividend to | |||||
Dividend | Payout Ratio | Net Asset Ratio | ||||||
1st | 2nd | 3rd | ||||||
Year End | Total | Amount | ||||||
Quarter-end | Quarter-end | Quarter-end | (Full year) | (Consolidated) | (Consolidated) | |||
Yen | Yen | Yen | Yen | Yen | Million yen | % | % | |
FYE 03/2021 | - | 0.00 | - | 37.10 | 37.10 | 1,750 | 47.5 | 4.5 |
FYE 03/2022 | - | 0.00 | - | 70.10 | 70.10 | 3,314 | 47.5 | 8.2 |
FYE 03/2023 | - | 0.00 | - | 70.10 | 70.10 | - | ||
(projected) | ||||||||
3. FY Ending March 2023 Projected Consolidated Operating Results (From April 1, 2022 to March 31, 2023) (Percentages indicate percent change from the 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 | 62,000 | 13.7 | 3,085 | -68.0 | 3,086 | -69.6 | 2,118 | -68.0 | 47.20 |
- Notes
- Change in major subsidiaries during the fiscal year under review (Change in specific subsidiaries that will accompany a change in scope of consolidation): No
Addition (Name): | None | Exclusion (Name) | None | ||
(2) Changes in accounting policy, changes in accounting estimates, or restatement due to correction | Yes | ||||
a. | Changes in accounting policy accompanying amendment of accounting principles: | ||||
b. | Changes in accounting policy other than "a.": | No | |||
c. | Changes in accounting estimates: | No | |||
d. | Restatement due to correction: | No |
- Number of shares issued (common share)
a. Number of shares issued at fiscal year-end (including treasury shares)
FYE 03/2022 49,716,000 shares | FYE 03/2021 | 49,716,000 shares |
- Number of shares of treasury share at fiscal year-end
FYE 03/2022 4,795,377 shares | FYE 03/2021 | 4,923,672 shares |
- Average number of shares issued during the period
FYE 03/2022 44,874,206 shares | FYE 03/2021 | 44,791,225 shares |
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(Reference) Summary of Non-Consolidated Operating Results | |||||||||||
1. FYE 03/2022 Non-Consolidated Earnings (From April 1, 2021 to March 31, 2022) | |||||||||||
(1) Non-Consolidated Operating Results | (Percentages indicate percent change from the prior fiscal year) | ||||||||||
Net Sales | Operating Income | Ordinary Income | Profit | ||||||||
Million yen | % | Million yen | % | Million yen | % | Million yen | % | ||||
FYE 03/2022 | 35,281 | 31.1 | 7,393 | 8.8 | 10,292 | 52.2 | 7,341 | 138.2 | |||
FYE 03/2021 | 26,919 | -28.9 | 6,792 | -30.1 | 6,763 | -30.6 | 3,082 | -52.6 | |||
EPS | Fully Diluted EPS | ||||||||||
Yen | Yen | ||||||||||
FYE 03/2022 | 163.61 | 163.24 | |||||||||
FYE 03/2021 | 68.83 | 68.62 | |||||||||
(2) Non-Consolidated Financial Position | |||||||||||
Total Assets | Net Assets | Equity Ratio | Net Assets per Share | ||||||||
FYE 03/2022 | Million yen | Million yen | % | Yen | |||||||
51,347 | 41,496 | 80.6 | 921.00 | ||||||||
FYE 03/2021 | 45,565 | 36,698 | 80.2 | 816.26 | |||||||
(Reference) Equity | FYE 03/2022 | 41,372 million yen | FYE 03/2021 | 36,562 million yen |
[This Earnings Announcement [under Japanese GAAP] is outside the scope of audits by certified public accountants or an audit corporation.]
[Explanation regarding appropriate use of operating results projections and other special notes]
Forward-looking statements 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.
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Attachments Table of Contents | ||
1. Overview of Operating Results............................................................................................................................................................ | 5 | |
(1) | Overview of Operating Results for the Current Fiscal Year ...................................................................................................... | 5 |
(2) | Overview of Financial Position for the Current Fiscal Year...................................................................................................... | 6 |
(3) | Overview of Cash Flows for the Current Fiscal Year................................................................................................................ | 7 |
(4) | Business Outlook ...................................................................................................................................................................... | 7 |
(5) | Material Events Relating to the Going Concern Assumption.................................................................................................... | 8 |
2. Basic Approach to the Selection of Accounting Standards .................................................................................................................. | 8 | |
3. Consolidated Financial Statements and Key Notes ............................................................................................................................. | 9 | |
(1) | Consolidated Balance Sheets .................................................................................................................................................... | 9 |
(2) | Consolidated Statements of Income and Consolidated Statements of Comprehensive Income.............................................. | 11 |
(3) | Consolidated Statements of Changes in Net Assets ................................................................................................................ | 13 |
(4) | Consolidated Statements of Cash Flows................................................................................................................................. | 15 |
(5) | Notes to the Consolidated Financial Statements ..................................................................................................................... | 17 |
(Notes Relating to the Going Concern Assumption) ............................................................................................................ | 17 | |
(Changes in Accounting Policies)......................................................................................................................................... | 20 | |
(Change in Presentation Method)......................................................................................................................................... | 21 | |
(Consolidated Balance Sheets) ............................................................................................................................................. | 22 | |
(Consolidated Statements of Income)................................................................................................................................... | 22 | |
(Consolidated Statements of Comprehensive Income)......................................................................................................... | 24 | |
(Consolidated Statements of Cash Flows)............................................................................................................................ | 24 | |
(Segment Information, etc.).................................................................................................................................................. | 24 | |
(Per-Share Information)........................................................................................................................................................ | 26 |
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1. Overview of Operating Results
- Overview of Operating Results for the Current Fiscal Year
1) Operating Results for the Fiscal Year ended March 31, 2022
Net sales in the fiscal year ended March 31, 2022 increased to ¥54,544 million (up 27.7% year on year) mainly due to the steady recovery in the domestic job board and overseas businesses. Total costs increased to ¥44,911 million (up 28.5% year on year) due primarily to an increase in costs accompanied by higher sales in the IT-related temporary staffing business in India, strengthening of advertising on the domestic job board in line with the recovery of demand in job openings, and upfront investment of advertising expenses in core businesses such as engage and AMBI.
As a result of the above, operating income was ¥9,633 million (up 24.0% year on year). Ordinary income was ¥10,138 million (up 27.7% year on year) mainly due to gain on investments in partnership, and profit attributable to owners of parent was ¥6,628 million (up 89.3% year on year).
(Unit: Million yen) | ||||
Prior Fiscal Year | Current Fiscal Year | Change | Percent change (%) | |
(From April 1, 2020 | (From April 1, 2021 | |||
to March 31, 2021) | to March 31, 2022) | |||
Net Sales | 42,725 | 54,544 | 11,819 | 27.7% |
Operating Income | 7,771 | 9,633 | 1,861 | 24.0% |
Ordinary Income | 7,939 | 10,138 | 2,199 | 27.7% |
Profit Attributable to | 3,502 | 6,628 | 3,126 | 89.3% |
Owners of Parent | ||||
2) Summary of Major Businesses (Managerial accounting basis)
(Unit: Million yen) | ||||
Prior Fiscal Year | Current Fiscal Year | Percent change (%) | ||
Net Sales | (From April 1, 2020 | (From April 1, 2021 | Change | |
to March 31, 2021) | to March 31, 2022) | |||
Domestic Job Board | 21,774 | 29,460 | 7,686 | 35.3% |
Domestic Permanent | 9,385 | 9,649 | 264 | 2.8% |
Recruitment | ||||
Overseas | 8,011 | 10,975 | 2,963 | 37.0% |
HR-Tech | 1,215 | 3,920 | 2,705 | 222.6% |
Other Business/ | 2,694 | 976 | -1,718 | -63.8% |
Subsidiaries | ||||
The difference between the combined net sales of each business and the consolidated net sales is attributable to the adjustment made among the businesses and consolidated adjustments.
(Domestic Job Board)
Hiring demand, which had declined due to the COVID-19 pandemic, recovered moderately in the Domestic Job Board. In the full-time employment domain, unit price of postings rose in mainly client companies with large hiring budgets, and the number of job openings increased as client companies resumed hiring. In addition, hiring demand for high-class staff such as specialists and those in managerial positions increased to a level that exceeded the pre-COVID-19 level. While the supply-demand balance in the overall recruitment market is gradually becoming tight, net sales increased significantly as the Company has been strengthening acquisition of job seekers through active investment in advertising expenses.
As a result of the above, net sales of Domestic Job Board amounted to ¥29,460 million up 35.3% year on year.
(Domestic Permanent Recruitment)
Hiring demand for high-class staff continued to be solid and net sales increased steadily. As for young people, or those with potential, hiring demand for those without experience recovered in all industries and job types against
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En-Japan Inc. published this content on 01 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 June 2022 09:11:02 UTC.