FY2021 First Quarter

Brief Report on Consolidated Closing of Accounts

Aug 5, 2021

Name of Listed Company

Yorozu Corporation

Stock Exchange : Tokyo Stock Exchange First Section

Code No.

7294

(URL http://www.yorozu-corp.co.jp/)

Representative Director

President, COO

Name : Tsutomu Hiranaka

The reference

Chief Executive Vice President & CFO

Name : Akira Saso

TEL (045) 543 - 6802

Scheduled date of submission of quarterly report Aug 6, 2021

Scheduled date for Start of Dividend Payment

Supplemental explanation for closing None

Scheduled date of holding for quarterly results briefing

None

(Amounts less than one million yen are rounded down)

1. Consolidated Financial Results for FY 2021 First Quarter (April 1, 2021 through June 30, 2021)

(1) Consolidated operating results

(Percent indications show percentage of changes from corresponding figures for the previous period.)

Net Sales

Operating Income

Ordinary Income

Net Income Attributable

to Owners of Parent

million

million

million

million

FY2021 1st quarter

30,716

28.1

363

221

△145

FY2020 1st quarter

23,981

△ 38.2

△2,489

△2,264

△1,611

(Note) Comprehensive income

FY2021 1st quarter

2,018 million yen( ―%) FY2020 1st quarter 5,904 million yen( ―%)

Net Income

Net Income

Per Share

Per Share (Diluted)

FY2021 1st quarter

△6 .07

FY2020 1st quarter

△67 .53

(Note) Net income per share diluted is not shown above because of net loss per share but diluted shares exist.

(2) Consolidated financial position

Total Assets

Net Assets

Equity Ratio

million

million

FY2021 1st quarter

141,093

67,647

38.7

FY2020

134,723

65,738

39.6

(Reference) Owner's equity

million

FY2021 1st quarter

54,605

FY2020

53,383

(Note) We have applied a new revenue recognition standard , corporate accouning standard No.29

March 31th 2020, since FY2021 1st quarter.

Each index of FY2021 1st quarter is shown by using

this new standard.

2. Dividends

Dividends Per Share

date

1st. Qtr.

2nd. Qtr.

3rd. Qtr

Year End

Full-Year

FY2020

0.00

13.00

13.00

FY2021

FY2021 (Forecast)

13.00

14.00

27.00

(Note) Changes in dividends forecast for FY2021 from the lastest disclosureNone

3. Forecasts of Consolidated Financial Results for FY2021 April 1, 2021 through March 31, 2022

(Percent indications show percentage of changes from corresponding figures for the previous period.)

Net Sales

Operating Income

Ordinary Income

million

million

million

First half

64,000

45.7

850

900

Full year

130,000

9.4

3,900

934.1

3,600

148.4

Net Income Attributable

Net Income

to Owners of Parent

Per Share

million

First half

250

-

10.43

Full year

1,800

-

75.03

(Note) Changes in forecast of consolidated financial results for FY2021 from the latest disclosureChanged

Notes

(1) Changes in significant subsidiaries for this quarter : None

*Changes in specified subsidiaries that caused a change in the scope of consolidation Newy included None

Exclusion None

  1. Application of special accounting practices for quarterly consolidated basis financial statements.: Yes
  2. Changes in accounting policies, accounting estimates, and restatements
  1. Changes in accounting policies due to the revision of accounting standards, others: Yes Changes other than (3)- aboveNone

    Changes in accounting estimates: None

    Restatements: None

  2. # of shares issued (common stock)
  • Term end # of shares issued (include treasury stock)
  • Term end # of treasury stock

Average # of shares (quarterly accumulated)

FY2021 1Q

25,055,636

FY2020

25,055,636

FY2021 1Q

1,115,630

FY2020

1,115,630

FY2021 1Q

23,940,006

FY2020 1Q

23,860,157

This Financial Results report for the first quarter is exempt from quarterly review

Explanation regarding the appropriate use of forecast, and other statements

The financial forecast is based on judgments and estimates that have been made on the basis of currently available information. Consequently, the final results might be significantly different from the aforementioned forecast due to various reasons.

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YOROZU Corporation published this content on 05 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 August 2021 08:15:07 UTC.