Asante, Inc.TSE: 6073

Summary of Business Results for the First Quarter Ended June 30, 2022

· Issued by Asante, Inc.

Summary of Business Results for the First Quarter Ended June 30, 2022

[Japan GAAP] (Consolidated)

Company

Asante, Inc.

Stock Code

6073 URL: https://www.asante.co.jp/

Representative

Sei Miyauchi, Chief Executive Officer

Contact

Yoshiyuki Nakao,

Director, General Manager, Corporate Planning Department

Expected date of filing of quarterly report: August 3, 2022

Preparation of quarterly supplementary financial document: Yes

Quarterly results briefing: None

August 3, 2022

Listed on the TSE

  • E L: +81-3-3226-5511 Expected starting date of dividend payment: -

(Rounded down to million yen)

1. Consolidated business results for the three months ended June 2022 (April 1, 2022 through June 30, 2022)

(1) Consolidated results of operations

(% change from the previous corresponding period)

Net sales

Operating income

Ordinary income

Net income attributable

to owners of parent

Million yen

%

Million yen

%

Million yen

%

Million yen

%

Three months ended Jun.2022

4,264

3.6

734

8.1

731

7.5

487

8.2

Three months ended Jun.2021

4,118

-

679

-

680

-

450

-

(Note) Comprehensive income

Three months ended June 2022: 499 million yen (10.2%)

Three months ended June 2021: 453 million yen (-%)

Net income

Diluted net income

per share

per share

Three months ended Jun.2022

44.43

Yen

-

Yen

Three months ended Jun.2021

41.10

-

(Note) Since we have started to prepare the quarterly consolidated financial statements from the second quarter of the fiscal year ended March 2021, the year-on-year rate of change for the first quarter of the fiscal year ended March 2021 have not been presented.

(2) Consolidated financial position

Total assets

Net assets

Shareholders' equity

Net assets per share

ratio

Million yen

Million yen

%

Yen

As of Jun. 2022

14,948

11,717

78.4

1,067.60

As of Mar. 2022

14,073

11,558

82.1

1,053.10

(Reference) Shareholders' equity:

As of June 2022: 11,717 million yen

As of March 2022: 11,558 million yen

2. Dividends

Annual dividend

End of 1Q

End of 2Q

End of 3Q

Year-end

Total

Year ended Mar. 2022

Yen

Yen

Yen

Yen

Yen

-

31.00

-

31.00

62.00

Year ending Mar. 2023

-

Year ending Mar. 2023 (forecast)

31.00

-

31.00

62.00

(Note) Revisions to dividend forecast for the current quarter: None

3. Forecast of consolidated business results for the fiscal year ending March 2023 (April 1, 2022 through March 31, 2023)

(% change from the previous corresponding period)

Net sales

Operating income

Ordinary income

Net income attributable

Net income

to owners of parent

per share

For the six months

Million yen

%

Million yen

%

Million yen

%

Million yen

%

Yen

7,893

4.9

1,128

3.3

1,144

2.0

752

2.4

68.59

ending Sept. 30, 2022

Year ending Mar. 2023

14,320

4.5

1,471

11.1

1,484

10.1

954

64.8

86.95

(Note) Revisions to business forecast for the current quarter: None

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※Notes

  1. Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes in the scope of consolidation): None
  2. Applications of simplified accounting procedures and specific accounting procedures: None
  1. Changes in rules, procedures and indication methods of accounting procedures
    ① Changes in accounting policies associated with revision of accounting standards ②Changes in accounting policies other than ①
    ③Changes in accounting estimates
    ④Restatement
  2. Shares outstanding (common stock)

① Number of shares outstanding at the end of period (treasury stock included)

As of June 2022

12,348,500 shares

As of March 2022

12,348,500 shares

②Treasury stock at the end of period

As of June 2022

1,373,195 shares

As of March 2022

1,373,195 shares

③Average number of stock during period (quarterly cumulative period)

Three months ended June 2022

10,975,305 shares

Three months ended June 2021

10,963,805 shares

  • None
  • None
  • None
  • None
  • This quarterly financial summary is not subject to the quarterly review procedures by certified public accountants or auditing firms.
  • Explanation regarding appropriate use of business forecasts and other special instructions

1. On July 1, 2020, our company acquired all of the shares of Heartful Home Co., Ltd. Consequently, we have started to prepare the quarterly consolidated financial statements from the second quarter of the fiscal year ended March 2021.

2. Forecasts regarding future performance in this material are based on information currently available to the company and certain assumptions that the company deems to be reasonable at the time this report was prepared. The company does not make promises about the achievements. Actual results may differ significantly from the forecasts due to various factors.

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