RYOBI LIMITED November 16, 2021
To whom it may concern:
Company name: RYOBI LIMITED
Representative: Akira Urakami
President and CEO
(Code number: 5851, Stock Exchange: Tokyo)
Contact:Hiromu Arihiro
Corporate Officer, Divisional Deputy General Manager of Corporate Planning Division General Manager of Finance Department (Phone: +81-3-3501-0511)
[Updated] [Delayed] Consolidated Financial Results for the Nine Months Ended September 30, 2021
RYOBI LIMITED (the "Company") hereby announces that corrections were made to the "[Delayed] Consolidated Financial Results for the Nine Months Ended September 30, 2021", which we announced on November 9, 2021". Corrections before and after are underlined.
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Reason for change
This is to make corrections to errors in the "[Delayed] Consolidated Financial Results for the Nine Months Ended September 30, 2021", which we announced on November 9, 2021" - Parts that were corrected: Page8: Segment Information
[Before Updated]
[After Updated]
Consolidated Financial Results
for the Nine Months Ended September 30, 2021 (Japanese GAAP)
November 8, 2021
Company Name: RYOBI LIMITED
Stock Code: 5851
(URL:https://www.ryobi-group.co.jp/)
Stock Exchange Listing: Tokyo
Representative: Akira Urakami, President and CEO
Contact: Hiromu Arihiro, Corporate Officer
Contact: Divisional Deputy General Manager of Corporate Planning Division
Contact: General Manager of Finance Department
Phone: +81-3-3501-0511
Scheduled date to submit the Quarterly Securities Report : November 9, 2021
Date of scheduled payment of dividend :－
Availability of supplementary briefing material on quarterly results : Yes
Presentation Meeting : No
(Any amount less than one million is disregarded.)
1. Consolidated Financial Results for the Nine Months Ended September 30, 2021 (From January 1, 2021 to September 30, 2021)
(1) Consolidated Results of Operations | (% indicates changes from the same period of the previous fiscal year.) | |||||||||||||||
Net sales | Operating profit | Ordinary profit | Profit attributable to | |||||||||||||
owners of parent | ||||||||||||||||
Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | |||||||||
Nine months ended | 144,063 | 17.8 | △1,588 | － | △494 | － | △477 | － | ||||||||
September 30, 2021 | ||||||||||||||||
Nine months ended | 122,309 | △26.8 | △3,003 | － | △1,724 | － | △1,546 | － | ||||||||
September 30, 2020 | ||||||||||||||||
(Note) Comprehensive income: Nine months ended September 30, 2021: 6,429 million yen [－%] | ||||||||||||||||
(Note) Comprehensive income: Nine months ended September 30, 2020: △4,194 million yen [－%] | ||||||||||||||||
Profit per share | Fully diluted profit | |||||||||||||||
per share | ||||||||||||||||
Yen | Yen | |||||||||||||||
Nine months ended | △14.74 | - | ||||||||||||||
September 30, 2021 | ||||||||||||||||
Nine months ended | △47.79 | - | ||||||||||||||
September 30, 2020 | ||||||||||||||||
(2) Consolidated Financial Position | ||||||||||||||||
Total assets | Net assets | Shareholders' | ||||||||||||||
equity ratio | ||||||||||||||||
Millions of yen | Millions of yen | % | ||||||||||||||
As of September 30, 2021 | 269,419 | 132,015 | 45.8 | |||||||||||||
As of December 31, 2020 | 258,660 | 125,930 | 45.3 | |||||||||||||
(Reference) Shareholders' Equity: As of September 30, 2021 : 123,278 million yen
(Reference) Shareholders' Equity: As of December 31, 2020 : 117,147 million yen
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2. Dividends
Cash dividends per share | |||||
End of 1Q | End of 2Q | End of 3Q | Year-end | Annual | |
Yen | Yen | Yen | Yen | Yen | |
FY December 2020 | - | 0.00 | - | 0.00 | 0.00 |
FY December 2021 | - | 10.00 | - | ||
FY December 2021 | 10.00 | 20.00 | |||
(Forecast) | |||||
(Reference) Correction from the dividend forecast, which is published in the most recent: No
3. Forecast of Consolidated Financial Results for the Fiscal Year Ending December 31, 2021 (From January 1, 2021 to December 31, 2021)
(% indicates percentage changes from previous fiscal year.)
Net sales | Operating profit | Ordinary profit | Profit attributable to | Profit per share | |||||||
owners of parent | |||||||||||
Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | Yen | |||
Full year | 202,000 | 18.1 | △1,800 | - | △700 | - | △600 | - | △18.54 | ||
(Reference) Correction from the consolidated forecast, which is published in the most recent: No
＊Notes
(1) Significant changes of companies during the period (changes in specific companies involving changes in the scope of consolidation): Not applicable
New Company: －
Excluded companies: －
(2) Adoption of specific accounting treatments to the preparation of consolidated quarterly financial statements: Not applicable
(3) Changes in accounting policies, changes in accounting estimates and restatements
1) Changes in accounting policies due to the revision of accounting standards: Not applicable
2) Changes in accounting policies other than 1): Not applicable
3) Changes in accounting estimates: Not applicable
4) Restatements: Not applicable
(4) Shares issued (common stock) | |||||
1) | Shares issued (including | As of September 30, 2021 | 32,646,143 | As of December 31, 2020 | 32,646,143 |
treasury stock) | |||||
2) | Treasury stock | As of September 30, 2021 | 277,386 | As of December 31, 2020 | 277,298 |
3) | Average shares outstanding | Nine months ended | 32,368,795 | Nine months ended | 32,368,961 |
during the period | September 30, 2021 | September 30, 2020 | |||
* These consolidated quarterly financial results are outside the scope of quarterly review.
* Explanation for the appropriate use of performance forecasts and other special notes:
The statements regarding forecast of financial results in this report are based on the information that is available, as well as estimates, assumptions and projections that are believed to be reasonable at the time of publication, and they are not meant to be a commitment by the Company. Therefore, there might be cases in which actual results differ from forecast values.
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Comparative Balance Sheets (Consolidated)
(Millions of yen) | ||
2020/12/31 | 2021/9/30 | |
Assets | ||
Current assets | ||
Cash and deposits | 26,566 | 26,573 |
Notes and accounts receivable - trade | 40,157 | 39,153 |
Securities | 759 | 736 |
Merchandise and finished goods | 15,353 | 18,223 |
Work in process | 12,320 | 14,758 |
Raw materials and supplies | 13,714 | 16,737 |
Other | 3,379 | 3,854 |
Allowance for doubtful accounts | △32 | △17 |
Total current assets | 112,218 | 120,020 |
Non-current assets | ||
Property, plant and equipment | ||
Buildings and structures, net | 32,741 | 33,471 |
Machinery, equipment and vehicles, net | 50,334 | 52,899 |
Land | 15,964 | 15,687 |
Construction in progress | 14,323 | 11,545 |
Other, net | 5,595 | 5,907 |
Total property, plant and equipment | 118,959 | 119,511 |
Intangible assets | ||
Other | 3,482 | 3,247 |
Total intangible assets | 3,482 | 3,247 |
Investments and other assets | ||
Investment securities | 14,396 | 16,211 |
Other | 9,658 | 10,491 |
Allowance for doubtful accounts | △63 | △63 |
Total investments and other assets | 23,991 | 26,639 |
Total non-current assets | 146,432 | 149,398 |
Deferred assets | ||
Bond issuance costs | 8 | 0 |
Total deferred assets | 8 | 0 |
Total assets | 258,660 | 269,419 |
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Comparative Balance Sheets (Consolidated)
(Millions of yen) | ||
2020/12/31 | 2021/9/30 | |
Liabilities | ||
Current liabilities | ||
Notes and accounts payable - trade | 29,115 | 35,697 |
Short-term borrowings | 25,595 | 34,348 |
Current portion of bonds payable | 4,600 | 1,500 |
Current portion of long-term borrowings | 7,110 | 13,072 |
Income taxes payable | 476 | 308 |
Provision for bonuses | 390 | 1,116 |
Other | 16,601 | 14,508 |
Total current liabilities | 83,890 | 100,552 |
Non-current liabilities | ||
Bonds payable | 1,500 | － |
Long-term borrowings | 33,670 | 23,271 |
Retirement benefit liability | 8,055 | 7,872 |
Other | 5,613 | 5,708 |
Total non-current liabilities | 48,839 | 36,851 |
Total liabilities | ||
132,730 | 137,404 | |
Net assets | ||
Shareholders' equity | ||
Share capital | 18,472 | 18,472 |
Capital surplus | 21,861 | 21,874 |
Retained earnings | 76,309 | 75,508 |
Treasury shares | △346 | △346 |
Total shareholders' equity | 116,295 | 115,508 |
Accumulated other comprehensive income | ||
Valuation difference on available-for-sale securities | 4,733 | 5,894 |
Revaluation reserve for land | 810 | 811 |
Foreign currency translation adjustment | △3,814 | 1,609 |
Remeasurements of defined benefit plans | △877 | △544 |
Total accumulated other comprehensive income | 852 | 7,769 |
Non-controlling interests | 8,782 | 8,736 |
Total net assets | 125,930 | 132,015 |
Total liabilities and net assets | 258,660 | 269,419 |
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Ryobi Ltd. published this content on 16 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 November 2021 08:25:05 UTC.
