FY2022 Second Quarter

Brief Report on Consolidated Closing of Accounts

Name of Listed Company

Yorozu Corporation

Code No.

7294

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

Representative Director

President, COO

Name : Tsutomu Hiranaka

The reference

Executive Vice President & CFO

Name : Noiro Hirano

TEL (045) 543 - 6802

Scheduled date of submission of quarterly report Nov 10, 2022

Scheduled date for Start of Dividend Payment Dec 9, 2022

Supplemental explanation for

closing Yes

Scheduled date of holding for quarterly results briefing Yes (for corporate investors and analysts)

Nov 09, 2022

Stock Exchange Listing : Tokyo

(Amounts less than one million yen are rounded down)

1. Consolidated Financial Results for FY 2022 Second Quarter (April 1, 2022 through September 30, 2022)

(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

FY2022 2nd quarter

71,966

19.8

542

95.7

779

153.3

314

FY2021 2nd quarter

60,049

36.7

277

307

△129

(Note) Comprehensive income FY2022 2nd quarter 7,557 million yen( 185.7%) FY2021 2nd quarter

2,645million yen( ―%)

Net Income

Net Income

Per Share

Per Share (Diluted)

FY2022 2nd quarter

13 .07

12 .80

FY2021 2nd quarter

△5 .41

(Note) Net income per share diluted is not shown for

FY2021 2nd quarter because of net loss per share but diluted shares exist.

(2) Consolidated financial position

Total Assets

Net Assets

Equity Ratio

million

million

FY2022 2nd quarter

146,443

77,473

43.1

FY2021

133,992

70,378

42.6

(Reference) Owner's equity

million

FY2022 2nd quarter

63,119

FY2021

57,039

2. Dividends

Dividends Per Share

date

1st. Qtr.

2nd. Qtr.

3rd. Qtr

Year End

Full-Year

FY2021

6.00

7.00

13.00

FY2022

7.00

FY2022 (Forecast)

7.00

14.00

(Note) Changes in dividends forecast for FY2022 from the lastest disclosureYes

3. Forecasts of Consolidated Financial Results for FY2022 April 1, 2022 through March 31, 2023

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

Net Sales

Operating Income

Ordinary Income

million

million

million

Full year

166,000

30.4

1,800

△ 14.1

1,800

△ 21.2

Net Income Attributable

Net Income

to Owners of Parent

Per Share

million

Full year

940

7.3

38.99

(Note) Changes in forecast of consolidated financial results for FY2022 from the latest disclosureYes

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: None 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)

FY2022 2nd

25,055,636

FY2021

25,055,636

FY2022 2nd

912,907

FY2021

1,037,730

FY2022 2nd

24,076,732

FY2021 2nd

23,964,270

This Financial Results report for the 2nd 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.

We are holding an interim financial results briefing for corporate investors and analysts following schedule. Materials used in the interim briefing and other important Q & A shall be published on the website (Homepage) shortly.

Interim financial results briefing for corporate investors and analysts Date Nov 29, 2022

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YOROZU Corporation published this content on 09 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2022 06:20:03 UTC.