Riskmonster com : Summary of Consolidated Financial Results for the Year Ended March 31, 2021(Based on Japanese GAAP)

Net sales

Operating profit

Ordinary profit

Profit attributable to

Earnings per share

owners of parent

Millions of yen

%

Millions of yen

%

Millions of yen

%

Millions of yen

%

Yen

Full year

3,550

0.0

655

0.0

675

0.3

430

0.5

57.67

4. Notes

(1) Changes in significant subsidiaries during the year ended March 31, 2021

No

(changes in specified subsidiaries resulting in the change in scope of consolidation):

(2) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements

Changes in accounting policies due to revisions to accounting standards and other regulations:

No

Changes in accounting policies due to other reasons:

No

Changes in accounting estimates:

No

Restatement of prior period financial statements:

No

(3) Number of issued shares (common shares)

Total number of issued shares at the end of the period (including treasury shares)

As of March 31, 2021

7,546,922 shares

As of March 31, 2020

7,546,922 shares

Number of treasury shares at the end of the period

As of March 31, 2021

90,368 shares

As of March 31, 2020

133,800 shares

Average number of shares during the period

Year ended March 31, 2021

7,442,700 shares

Year ended March 31, 2020

7,568,044 shares

(Thousands of yen)

As of March 31, 2020

As of March 31, 2021

Assets

Current assets

Cash and deposits

2,068,803

2,544,953

Notes and accounts receivable - trade

427,886

463,561

Raw materials and supplies

15,892

16,668

Other

62,842

58,634

Allowance for doubtful accounts

(685)

(739)

Total current assets

2,574,739

3,083,079

Non-current assets

Property, plant and equipment

Buildings and structures

565,454

567,591

Accumulated depreciation

(114,423)

(133,956)

Buildings and structures, net

451,030

433,634

Tools, furniture and fixtures

432,624

383,306

Accumulated depreciation

(344,722)

(287,320)

Tools, furniture and fixtures, net

87,901

95,985

Land

568,352

568,352

Leased assets

4,713

4,713

Accumulated depreciation

(458)

(1,243)

Leased assets, net

4,255

3,469

Total property, plant and equipment

1,111,540

1,101,442

Intangible assets

Software

623,365

738,381

Other

84,840

110,895

Total intangible assets

708,205

849,277

Investments and other assets

Investment securities

1,078,111

1,545,086

Deferred tax assets

12,924

12,772

Other

49,588

66,888

Allowance for doubtful accounts

(150)

(140)

Total investments and other assets

1,140,473

1,624,607

Total non-current assets

2,960,219

3,575,328

Total assets

5,534,958

6,658,407

(Thousands of yen)

As of March 31, 2020

As of March 31, 2021

Liabilities

Current liabilities

Accounts payable - other

252,909

398,166

Current portion of long-term borrowings

60,160

60,160

Lease obligations

809

831

Income taxes payable

77,735

197,236

Provision for bonuses

698

716

Other

122,332

162,843

Total current liabilities

514,646

819,955

Non-current liabilities

Long-term borrowings

215,640

155,480

Lease obligations

3,856

3,024

Deferred tax liabilities

149,286

259,655

Retirement benefit liability

6,171

2,940

Other

12,993

17,185

Total non-current liabilities

387,947

438,285

Total liabilities

902,593

1,258,240

Net assets

Shareholders' equity

Share capital

1,155,993

1,155,993

Capital surplus

780,280

785,621

Retained earnings

2,299,444

2,653,063

Treasury shares

(93,587)

(63,264)

Total shareholders' equity

4,142,130

4,531,414

Accumulated other comprehensive income

Valuation difference on available-for-sale securities

393,744

753,795

Foreign currency translation adjustment

10,493

14,533

Total accumulated other comprehensive income

404,237

768,329

Non-controlling interests

85,997

100,423

Total net assets

4,632,365

5,400,167

Total liabilities and net assets

5,534,958

6,658,407

(Thousands of yen)

Fiscal year ended

Fiscal year ended

March 31, 2020

March 31, 2021

Net sales

3,150,052

3,551,134

Cost of sales

1,419,182

1,540,599

Gross profit

1,730,870

2,010,534

Selling, general and administrative expenses

1,223,781

1,355,667

Operating profit

507,088

654,867

Non-operating income

Interest income

835

882

Dividend income

24,924

10,492

Gain on investments in investment partnerships

18,780

9,332

Subsidy income

-

3,531

Other

782

1,067

Total non-operating income

45,323

25,305

Non-operating expenses

Interest expenses

3,296

2,701

Commission for purchase of treasury shares

674

-

Foreign exchange losses

456

2,459

Commitment fees

-

2,298

Total non-operating expenses

4,428

7,459

Ordinary profit

547,983

672,713

Extraordinary income

Gain on sale of non-current assets

107

-

Gain on sale of investment securities

183

-

Total extraordinary income

290

-

Extraordinary losses

Loss on retirement of non-current assets

1,152

16,298

Office relocation expenses

1,576

-

Loss on valuation of investment securities

44,042

11,360

Loss on sale of investment securities

1,198

-

Business restructuring expenses

14,443

-

Other

3,738

-

Total extraordinary losses

66,152

27,658

Profit before income taxes

482,121

645,055

Income taxes - current

152,874

253,654

Income taxes - deferred

10,866

(49,104)

Total income taxes

163,740

204,549

Profit

318,380

440,505

Profit attributable to non-controlling interests

12,494

12,755

Profit attributable to owners of parent

305,885

427,750