Disclaimer: 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. This document does not contain or constitute any guarantee and the Company will not compensate any losses and/or damage stemming from actions taken based on this document.

Consolidated Financial Results

for the Fiscal Year Ended March 31, 2021

[Japanese GAAP]

May 14, 2021

Company name: Remixpoint, inc.

Stock exchange listing: Tokyo Stock Exchange

Code number: 3825

URL: https://www.remixpoint.co.jp

Representative: Genki Oda, President, CEO and Representative Director

Contact: Yoshihiko Takahashi, Director

Phone: +81-3-6303-0280

Scheduled date of annual general meeting of shareholders: June 25, 2021

Scheduled date of commencing dividend payments:

Scheduled date of filing annual securities report: June 25, 2021

Availability of supplementary briefing material on financial results: Available

Schedule of financial results briefing session: Scheduled (for institutional investors and analysts)

(Amounts of less than one million yen are rounded down.)

1. Consolidated Financial Results for the Fiscal Year Ended March 31, 2021 (April 1, 2020 to March 31, 2021)

(1) Consolidated Operating Results

(% indicates changes from the previous corresponding period.)

Net sales

Operating profit

Ordinary profit

Profit attributable to

owners of parent

Fiscal year ended

Million yen

%

Million yen

%

Million yen

%

Million yen

%

March 31, 2021

13,217

17.7

(2,888)

-

(2,893)

-

(2,974)

-

March 31, 2020

11,229

(4.7)

(1,198)

-

(1,231)

-

(5,173)

-

(Note) Comprehensive income: Fiscal year ended March 31, 2021: ¥(2,974) million [-%]

Fiscal year ended March 31, 2020: ¥(5,173) million [-%]

Basic earnings

Diluted earnings

Rate of return

Ordinary profit

Operating profit

per share

per share

on equity

to total assets

to net sales

Fiscal year ended

Yen

Yen

%

%

%

March 31, 2021

(36.86)

-

(73.3)

(9.4)

(21.9)

March 31, 2020

(88.66)

-

(85.9)

(6.8)

(10.7)

(Reference) Equity in earnings (losses) of affiliates:

Fiscal year ended March 31, 2021: ¥- million

Fiscal year ended March 31, 2020: ¥- million

  1. Consolidated Financial Position

Total assets

Net assets

Equity ratio

Net assets per share

Million yen

Million yen

%

Yen

As of March 31, 2021

47,556

4,322

9.0

43.76

As of March 31, 2020

14,259

3,870

26.8

62.86

(Reference) Equity: As of March 31, 2021: ¥4,296 million As of March 31, 2020: ¥3,825 million

(3) Consolidated Cash Flows

Cash flows from

Cash flows from

Cash flows from

Cash and

cash equivalents

operating activities

investing activities

financing activities

at end of period

Fiscal year ended

Million yen

Million yen

Million yen

Million yen

March 31, 2021

(3,075)

(203)

3,397

2,889

March 31, 2020

(3,752)

(674)

746

2,771

2. Dividends

Annual dividends

Dividends to

Total

Payout ratio

1st

2nd

3rd

Year-

net assets

quarter-

quarter-

quarter-

Total

dividends

(consolidated)

(consolidated)

end

end

end

end

Yen

Yen

Yen

Yen

Yen

Million yen

%

%

Fiscal year ended March 31,

-

0.00

-

0.00

0.00

-

-

-

2020

Fiscal year ended March 31,

-

0.00

-

0.00

0.00

-

-

-

2021

Fiscal year ending March 31,

-

-

-

-

-

-

2022 (forecast)

(Note) The forecast of dividends for the fiscal year ending March 31, 2022 is currently undetermined.

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2022 (April 1, 2021 to March 31, 2022)

(% indicates changes from the previous corresponding period.)

Net sales

Operating profit

Ordinary profit

Profit attributable to

Basic earnings

owners of parent

per share

Million yen

%

Million yen

%

Million yen

%

Million yen

%

Yen

Full year

21,410

62.0

2,605

-

2,545

-

2,142

-

21.37

* Notes:

  1. Changes in significant subsidiaries during the fiscal year ended March 31, 2021 (changes in specified subsidiaries resulting in changes in scope of consolidation): No
  2. Changes in accounting policies, changes in accounting estimates and retrospective restatement
  1. Changes in accounting policies due to the revision of accounting standards: No
  2. Changes in accounting policies other than 1) above: Yes
  3. Changes in accounting estimates: No
  4. Retrospective restatement: No
  1. Total number of issued shares (common stock)
  1. Number of issued shares at the end of the period (including treasury shares): March 31, 2021: 98,254,000 shares
    March 31, 2020: 60,917,600 shares
  2. Number of treasury shares at the end of the period:

March 31, 2021: 60,000 shares

March 31, 2020: 60,000 shares

  1. Average number of shares during the period:

Fiscal year ended March 31, 2021: 80,691,768 shares

Fiscal year ended March 31, 2020: 58,353,614 shares

(Reference) Overview of Non-consolidated Financial Results

1. Non-consolidated Financial Results for the Fiscal Year Ended March 31, 2021 (April 1, 2020 to March 31, 2021)

(1) Non-consolidated Operating Results

(% indicates changes from the previous corresponding period.)

Net sales

Operating profit

Ordinary profit

Profit

Fiscal year ended

Million yen

%

Million yen

%

Million yen

%

Million yen

%

March 31, 2021

11,733

12.6

(2,634)

-

(2,414)

-

(2,467)

-

March 31, 2020

10,422

(0.1)

(151)

-

100

(13.7)

(4,011)

-

Basic earnings

Diluted earnings

per share

per share

Fiscal year ended

Yen

Yen

March 31, 2021

(30.58)

-

March 31, 2020

(68.75)

-

  1. Non-consolidatedFinancial Position

Total assets

Net assets

Equity ratio

Net assets per share

Million yen

Million yen

%

Yen

As of March 31, 2021

9,237

5,654

60.9

57.31

As of March 31, 2020

5,361

4,695

86.7

76.41

(Reference) Equity: As of March 31, 2021: ¥5,627 million As of March 31, 2020: ¥4,649 million

  • These financial results are outside the scope of audits by certified public accountants or an audit corporation.
  • Explanation of the proper use of financial results forecast and other special notes (Caution regarding forward-looking statements)
    The forward-looking statements herein are based on information that is currently available and certain assumptions deemed reasonable by the Company. They include potential risks and uncertainties. Furthermore, actual results (including but not limited to actual business performance and dividend forecasts) may differ significantly from forecasts due to various factors. For all matters relating to forecasts, please refer to "1. Overview of Operating Results, etc. (4) Future Outlook" on page 5 of the attached materials.
    In addition, regarding dividend forecasts for the fiscal year ending March 31, 2022, while currently evaluating and deciding on relevant information on performance trends, etc., the Company will promptly disclose dividend forecasts once they become available.
    (Obtaining supplementary documentation)
    The Company plans to hold an online briefing session for institutional investors and analysts on Wednesday, May 19, 2021. The supplementary documentation will be posted on the Company's website immediately after the announcement of consolidated financial results.

Table of Contents

1. Overview of Operating Results, etc .................................................................................................................

2

(1)

Overview of Operating Results for the Fiscal Year Under Review .............................................................

2

(2)

Overview of Financial Position for the Fiscal Year Under Review .............................................................

4

(3)

Overview of Cash Flows for the Fiscal Year Under Review .......................................................................

5

(4)

Future Outlook ............................................................................................................................................

5

2. Basic Stance Concerning Choice of Accounting Standards .............................................................................

7

3. Consolidated Financial Statements and Primary Notes....................................................................................

8

(1)

Consolidated Balance Sheets .......................................................................................................................

8

(2)

Consolidated Statements of Income and Comprehensive Income .............................................................

10

(3)

Consolidated Statements of Changes in Equity .........................................................................................

12

(4)

Consolidated Statements of Cash Flows ....................................................................................................

14

(5)

Notes to Consolidated Financial Statements..............................................................................................

16

(Notes on going concern assumption)........................................................................................................

16

(Changes in accounting estimates).............................................................................................................

17

(Additional information) ............................................................................................................................

17

(Segment information, etc.) .......................................................................................................................

17

(Per share information) ..............................................................................................................................

19

(Significant subsequent events) .................................................................................................................

20

1

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Remixpoint Inc. published this content on 25 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 June 2021 13:16:01 UTC.