Note: 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.

May 2, 2022

Consolidated Financial Results

for the Fiscal Year Ended March 31,2022

(Under Japanese GAAP)

Company name:

RIKEN TECHNOS CORPRATION

Listing:

Tokyo Stock Exchange

Securities code:

4220

URL:

https://www.rikentechnos.co.jp

Representative:

Kazuaki Tokiwa, Representative Director, President & CEO

Inquiries:

Ryoichi Takami, Accounting General Manager

Telephone:

+81-3-5297-1650

Scheduled date of annual general meeting of shareholders:

June 17, 2022

Scheduled date to commence dividend payments:

June 20, 2022

Scheduled date to file annual securities report:

June 17, 2022

Preparation of supplementary material on financial results:

None

Holding of financial results briefing:

Yes (for Institutional Investors & Analysts)

(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Consolidated financial results for the fiscal year ended March 31, 2022 (from April 1, 2021 to March 31, 2022)

(1) Consolidated operating results

(Percentages indicate year-on-year changes.)

Net sales

Operating profit

Ordinary profit

Profit attributable to

owners of parent

Fiscal year ended

Millions of yen

%

Millions of yen

%

Millions of yen

%

Millions of yen

%

March 31, 2022

109,923

24.6

6,292

18.4

6,889

21.9

3,941

21.9

March 31, 2021

88,224

(10.7)

5,313

(4.8)

5,652

(0.3)

3,234

5.5

Note: Comprehensive income

For the fiscal year ended March 31,2022:

¥6,457 million

[20.4%]

For the fiscal year ended March 31,2021:

¥5,364 million

[25.2%]

Basic earnings

Diluted earnings

Return on equity

Ratio of ordinary

Ratio of operating

per share

per share

profit to total assets

profit to net sales

Fiscal year ended

Yen

Yen

%

%

%

March 31, 2022

62.47

-

7.1

7.0

5.7

March 31, 2021

51.22

-

6.3

6.0

6.0

Reference:

Share of profit (loss) of entities accounted for using equity method

For the fiscal year ended March 31, 2022:

¥- million

For the fiscal year ended March 31, 2021:

¥- million

(2) Consolidated financial position

Total assets

Net assets

Equity-to-asset ratio

Net assets per share

As of

Millions of yen

Millions of yen

%

Yen

March 31,2022

102,641

65,448

56.3

914.83

March 31,2021

95,208

61,076

56.4

852.51

Reference:

Equity

As of March 31, 2022:

¥57,762 million

As of March 31, 2021:

¥53,741 million

(3) Consolidated cash flows

Cash flows from

Cash flows from

Cash flows from

Cash and cash

equivalents at end of

operating activities

investing activities

financing activities

period

Fiscal year ended

Millions of yen

Millions of yen

Millions of yen

Millions of yen

March 31, 2022

4,572

(2,438)

(2,946)

20,677

March 31, 2021

9,387

(3,002)

(2,796)

21,080

2. Cash dividends

Annual dividends per share

Total cash

Ratio of

Payout ratio

dividends to

First

Second

Third

Fiscal

dividends

Total

(Consolidated)

net assets

quarter-end

quarter-end

quarter-end

year-end

(Total)

(Consolidated)

Fiscal year ended

Yen

Yen

Yen

Yen

Yen

Millions of yen

%

%

-

4.00

-

12.00

16.00

1,009

31.2

1.9

March 31, 2021

Fiscal year ended

-

8.00

-

11.00

19.00

1,218

30.4

2.2

March 31, 2022

Fiscal year ending

-

9.00

-

10.00

19.00

36.4

March 31, 2023

(Forecast)

Note: Total dividends do not include ¥18 million of dividends to Trust Account E that trust account established by Board Benefit Trust (BBT) and Stock Benefit Trust (Employee Stockholding Association Purchase-type).

3. Consolidated financial forecasts for the fiscal year ending March 31, 2023 (from April 1, 2022 to March 31, 2023)

Net sales

Operating profit

Ordinary profit

Profit attributable to

Basic earnings

owners of parent

per share

Millions of yen

%

Millions of yen

%

Millions of yen

%

Millions of yen

%

Yen

Six months ending

60,000

17.7

2,800

(9.0)

2,800

(15.4)

1,400

(34.5)

22.17

September 30, 2022

Fiscal year ending

125,000

13.7

6,500

3.3

6,500

(5.6)

3,300

(16.3)

52.26

March 31, 2023

* Notes

  1. Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in the change in scope of consolidation): None
    Newly included: - companies ( - )
    Excluded: - companies ( - )
  2. Changes in accounting policies, changes in accounting estimates, and restatement
    1. Changes in accounting policies due to revisions to accounting standards and other regulations: Yes
    2. Changes in accounting policies due to other reasons: None
    3. Changes in accounting estimates: None
    4. Restatement: None
  4. Number of issued shares (common shares)
    1. Total number of issued shares at the end of the period (including treasury shares)

As of March 31, 2022

64,113,819 shares

As of March 31, 2021

64,113,819 shares

(ii) Number of treasury shares at the end of the period

As of March 31, 2022

973,846 shares

As of March 31, 2021

1,074,844 shares

(iii) Average number of shares outstanding during the period

Fiscal year ended March 31, 2022

63,090,216 shares

Fiscal year ended March 31, 2021

63,146,542 shares

[Reference] Overview of non-consolidated financial results

1. Non-consolidated financial results for the fiscal year ended March 31, 2022 (from April 1, 2021 to March 31, 2022)

(1) Non-consolidated operating results

(Percentages indicate year-on-year changes.)

Net sales

Operating profit

Ordinary profit

Profit

Fiscal year ended

Millions of yen

%

Millions of yen

%

Millions of yen

%

Millions of yen

%

March 31, 2022

43,578

22.7

2,567

75.0

4,260

33.6

3,615

36.3

March 31, 2021

35,516

(14.7)

1,466

(21.6)

3,188

(13.5)

2,652

49.2

Basic earnings

Diluted earnings

per share

per share

Fiscal year ended

Yen

Yen

March 31, 2022

57.30

-

March 31, 2021

42.01

-

(2) Non-consolidated financial position

Total assets

Net assets

Equity-to-asset ratio

Net assets per share

As of

Millions of yen

Millions of yen

%

Yen

March 31, 2022

71,698

50,805

70.9

804.64

March 31, 2021

65,739

48,140

73.2

763.66

Reference: Equity

As of March 31, 2022:

¥50,805 million

As of March 31, 2021:

¥48,140 million

2. Non-consolidated financial forecasts for the fiscal year ending March 31, 2023 (from April 1, 2022 to March 31, 2023)

Net sales

Ordinary profit

Profit

Basic earnings

per share

Millions of yen

%

Millions of yen

%

Millions of yen

%

Yen

Six months ending

28,500

-

1,300

-

1,000

-

15.84

September 30, 2022

Fiscal year ending

59,000

35.4

4,400

3.3

3,300

(8.7)

52.26

March 31, 2023

  • Financial results reports are exempt from audit conducted by certified public accountants or an audit corporation.
  • Proper use of earnings forecasts, and other special matters
    The earnings forecasts and other forward-looking statements herein are based on information currently available to the Company and on certain assumptions deemed to be reasonable. Actual results, etc. may differ materially from the forecasts due to various factors.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Riken Technos Corporation published this content on 08 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 July 2022 07:33:09 UTC.