3. Forecast of consolidated financial results for the year ending September 30, 2021 (from October 1, 2020 to September 30, 2021)
Percentages indicate year-on-year changes
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 | 12,000 | 14.2 | 1,800 | 52.0 | 1,700 | 55.1 | 1,100 | 57.1 | 50.98 |
(Note) Revision of earnings forecast to the latest announcement No
The company conducted a stock split on April 1, 2021, at a ratio of 2 ordinary shares for each ordinary share. Consequently, net income per share on consolidated earnings forecast are calculated on the assumption that the said stock split was implemented at the beginning of the previous consolidated fiscal year.
4. Notes | |||||
(1) | Changes in significant subsidiaries during the six months ended March 31, 2021 | No | |||
(changes in specified subsidiaries resulting in the change in scope of consolidation): | |||||
(2) | Application of special accounting methods for preparing quarterly consolidated financial statements: | No | |||
(3) | 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 | ||||
(4) | 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 | 22,201,400 shares | As of September 30, 2020 | 22,075,200 shares | ||
Number of treasury shares at the end of the period | |||||
As of March 31, 2021 | 580,478 shares | As of September 30, 2020 | 600,478 shares |
Average number of shares during the period (cumulative from the beginning of the fiscal year)
Six months ended March 31, 2021 | 21,526,310 shares | Six months ended March 31, 2020 | 20,740,266 shares |
2
Quarterly consolidated financial statements
Consolidated balance sheets
(Thousands of yen) | |||
As of September 30, 2020 | As of March 31, 2021 | ||
Assets | |||
Current assets | |||
Cash and deposits | 2,632,288 | 2,274,826 | |
Notes and accounts receivable - trade | 1,099,522 | 1,755,889 | |
Accounts receivable - other | 2,120,899 | 2,752,408 | |
Income taxes receivable | 15,225 | - | |
Other | 695,462 | 793,734 | |
Total current assets | 6,563,398 | 7,576,858 | |
Non-current assets | |||
Property, plant and equipment | 617,172 | 559,062 | |
Intangible assets | |||
Software | 518,631 | 643,031 | |
Other | 167,744 | 86,849 | |
Total intangible assets | 686,376 | 729,880 | |
Investments and other assets | |||
Investment securities | 351,506 | 319,190 | |
Guarantee deposits | 678,655 | 536,472 | |
Insurance funds | 716,258 | 716,258 | |
Deferred tax assets | 271,683 | 291,853 | |
Other | 403,056 | 400,164 | |
Total investments and other assets | 2,421,161 | 2,263,939 | |
Total non-current assets | 3,724,710 | 3,552,882 | |
Deferred assets | 24,688 | 21,319 | |
Total assets | 10,312,797 | 11,151,060 | |
Liabilities | |||
Current liabilities | |||
Current portion of bonds payable | 200,000 | 200,000 | |
Income taxes payable | 106,616 | 417,716 | |
Accounts payable - other | 1,087,762 | 1,094,169 | |
Deposits received | 410,212 | 593,152 | |
Lease obligations | 80,116 | 75,803 | |
Provision for bonuses | 183,305 | 178,449 | |
Asset retirement obligations | 6,777 | - | |
Other | 623,855 | 527,918 | |
Total current liabilities | 2,698,647 | 3,087,209 | |
Non-current liabilities | |||
Long-term borrowings | 127,630 | 108,910 | |
Bonds payable | 800,000 | 700,000 | |
Lease obligations | 369,609 | 331,611 | |
Retirement benefit liability | 356,206 | 373,377 | |
Asset retirement obligations | 214,016 | 205,168 | |
Other | 136,594 | 144,251 | |
Total non-current liabilities | 2,004,057 | 1,863,318 | |
Total liabilities | 4,702,704 | 4,950,527 |
3
(Thousands of yen) | |||
As of September 30, 2020 | As of March 31, 2021 | ||
Net assets | |||
Shareholders' equity | |||
Share capital | 2,954,496 | 3,011,677 | |
Capital surplus | 381,117 | 438,298 | |
Retained earnings | 2,586,305 | 3,068,470 | |
Treasury shares | (443,976) | (425,811) | |
Total shareholders' equity | 5,477,943 | 6,092,635 | |
Accumulated other comprehensive income | |||
Valuation difference on available-for-sale | 128,534 | 105,228 | |
securities | |||
Total accumulated other comprehensive income | 128,534 | 105,228 | |
Share acquisition rights | 3,615 | 2,668 | |
Total net assets | 5,610,092 | 6,200,532 | |
Total liabilities and net assets | 10,312,797 | 11,151,060 |
4
Consolidated statements of income (cumulative) and consolidated statements of comprehensive income (cumulative)
Consolidated statements of income (cumulative)
(Thousands of yen) | |||
Six months ended | Six months ended | ||
March 31, 2020 | March 31, 2021 | ||
Net sales | 5,575,599 | 5,778,166 | |
Cost of sales | 1,602,215 | 1,313,441 | |
Gross profit | 3,973,384 | 4,464,725 | |
Selling, general and administrative expenses | 3,116,466 | 3,243,276 | |
Operating profit | 856,918 | 1,221,448 | |
Non-operating income | |||
Interest and dividend income | 2,415 | 2,421 | |
Gain on forfeiture of unclaimed dividends | 498 | 414 | |
Guarantee commission received | 4,090 | 4,090 | |
Other | 3,859 | 1,922 | |
Total non-operating income | 10,863 | 8,847 | |
Non-operating expenses | |||
Interest expenses | 5,676 | 5,387 | |
Guarantee commission | 300 | 708 | |
Commission expenses | 39,911 | 56,187 | |
Other | 250 | 3,541 | |
Total non-operating expenses | 46,138 | 65,825 | |
Ordinary profit | 821,643 | 1,164,470 | |
Extraordinary income | |||
Gain on reversal of share acquisition rights | 400 | - | |
Total extraordinary income | 400 | - | |
Extraordinary losses | |||
Loss on store closings | - | 15,793 | |
Loss on retirement of non-current assets | - | 3,224 | |
Total extraordinary losses | - | 19,018 | |
Profit before income taxes | 822,043 | 1,145,451 | |
Income taxes - current | 273,586 | 390,106 | |
Income taxes - deferred | (4,463) | (4,102) | |
Total income taxes | 269,122 | 386,003 | |
Profit | 552,920 | 759,448 | |
Profit attributable to owners of parent | 552,920 | 759,448 |
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