Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
February 14, 2022
Summary of Consolidated Financial Results for the Nine Months Ended December 31, 2021 (Under Japanese GAAP)
Company name: | internet infinity INC. |
Listing: | Tokyo Stock Exchange |
Securities code: | 6545 |
URL: | https://iif.jp |
Representative: | Keiichi Beck, Representative director |
Inquiries: | Kenji Hoshino, Managing director |
Telephone: | +81-03-6779-4777 |
Scheduled date to file quarterly securities report: | February 14, 2022 |
Scheduled date to commence dividend payments: | - |
Preparation of supplementary material on quarterly financial results: Yes | |
Holding of quarterly financial results briefing: | None |
(Yen amounts are rounded down to millions, unless otherwise noted.)
1. Consolidated financial results for the nine months ended December 31, 2021 (from April 1, 2021 to December 31, 2021)
(1) Consolidated operating results (cumulative) | (Percentages indicate year-on-year changes.) | ||||||||||||
Net sales | Operating profit | Ordinary profit | Profit attributable to | ||||||||||
owners of parent | |||||||||||||
Nine months ended | Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | |||||
December 31, 2021 | 3,156 | ― | 128 | ― | 247 | ― | 159 | ― | |||||
December 31, 2020 | ― | ― | ― | ― | ― | ― | ― | ― | |||||
Note: Comprehensive income For the nine months ended December 31, 2021: | ¥ | 159 million | [―%] | ||||||||||
For the nine months ended December 31, 2020: | ¥ | － million | [―%] | ||||||||||
Basic earnings | Diluted earnings | ||||||||||||
per share | per share | ||||||||||||
Nine months ended | Yen | Yen | |||||||||||
December 31, 2021 | 29.62 | 28.79 | |||||||||||
December 31, 2020 | ― | ― | |||||||||||
Note: As the Company started preparing quarterly consolidated financial statements from the three months ended June 30,2021, figures for the quarterly consolidated financial statements from the nine months ended December 31,2020 and year-on-year changes are not presented.
(2) Consolidated financial position
Total assets | Net assets | Equity-to-asset ratio | |||
As of | Millions of yen | Millions of yen | % | ||
December 31, 2021 | 2,639 | 1,218 | 46.2 | ||
March 31, 2021 | ― | ― | ― | ||
Reference: Equity | As of December 31, 2021 : ¥1,218 million | As of March 31, 2021: ¥ － million |
Note: As the Company started preparing quarterly consolidated financial statements from the three months ended June 30,2021, figures for the fiscal year ended March 31,2021 are not provided.
2. Cash dividends
Annual dividends per share | |||||||
First quarter-end | Second quarter-end | Third quarter-end | Fiscal year-end | Total | |||
Yen | Yen | Yen | Yen | Yen | |||
Fiscal year ended | ― | 0.00 | ― | 0.00 | 0.00 | ||
March 31,2021 | |||||||
Fiscal year ending | ― | 0.00 | ― | ||||
March 31,2022 | |||||||
Fiscal year ending | |||||||
March31,2022 | 0.00 | 0.00 | |||||
(Forecast) | |||||||
Note: Revisions to the forecast of cash dividends most recently announced: None |
3. Forecast of consolidated financial results for the fiscal year ending March 31, 2022 (from April 1, 2021 to March 31, 2022)
(Percentages indicate year-on-year changes.)
Net sales | Operating profit | Ordinary profit | Profit attributable to | Basic earnings per share | |||||||||
Owners of parent | |||||||||||||
Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | yen | |||||
Full year | 4,135 | - | 189 | - | 283 | - | 184 | - | 34.28 |
Note: 1. Revisions to the forecast most recently announced: None
2. As the Company started preparing quarterly consolidated financial statements from the three months ended June 30,2021, year-on-year changes are not presented.
* Notes
-
Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in the change in scope of consolidation): None
Newly included: － companies
Excluded: － companies - Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: None
- Changes in accounting policies, changes in accounting estimates, and restatement
- Changes in accounting policies due to revisions to accounting standards and other regulations: Yes
- Changes in accounting policies due to other reasons: None
- Changes in accounting estimates: None
- Restatement: None
- Number of issued shares (common shares)
- Total number of issued shares at the end of the period (including treasury shares)
As of December 31,2021 | 5,427,771 shares |
As of March 31,2021 | 5,427,771 shares |
(ii) Number of treasury shares at the end of the period
As of December 31,2021 | 50,763 shares |
As of March 31,2021 | 74,306 shares |
- Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)
Nine months ended December 31,2021 | 5,368,742 shares |
Nine months ended December 31,2020 | 5,343,202 shares |
- Quarterly financial results reports are exempt from quarterly review conducted by certified public accountants or an audit corporation.
-
Proper use of earnings forecasts, and other special matters
Forward-looking statements such as the earnings forecasts included here are based on currently available information and on certain assumptions we believe to be reasonable, and we make no assurance that they will be met. Actual performance and other results may differ significantly due to a variety of factors.
4. Quarterly consolidated financial statements
- Quarterly consolidated balance sheet
(Unit: thousand yen) | ||
As of December 31,2021 | ||
Assets | ||
Current assets | ||
Cash and deposits | 869,533 | |
Notes and accounts receivable - trade | 760,518 | |
Supplies | 14,195 | |
Income taxes receivable | 11,990 | |
Other | 95,547 | |
Allowance for doubtful accounts | (4,691) | |
Total current assets | 1,747,096 | |
Non-current assets | ||
Property, plant and equipment | ||
Buildings, net | 333,238 | |
Other, net | 43,770 | |
Total property, plant and equipment | 377,009 | |
Intangible assets | ||
Goodwill | 206,123 | |
Other | 22,263 | |
Total intangible assets | 228,386 | |
Investments and other assets | ||
Guarantee deposits | 182,450 | |
Deferred tax assets | 66,227 | |
Other | 39,546 | |
Allowance for doubtful accounts | (1,663) | |
Total investments and other assets | 286,561 | |
Total non-current assets | 891,957 | |
Total assets | 2,639,054 | |
(Unit: thousand yen) | ||
As of December 31,2021 | ||
Liabilities | ||
Current liabilities | ||
Accounts payable - trade | 77,677 | |
Short-term borrowings | 50,000 | |
Current portion of long-term borrowings | 118,530 | |
Income taxes payable | 3,275 | |
Deposits received | 440,802 | |
Provision for bonuses | 25,473 | |
Other | 208,010 | |
Total current liabilities | 923,770 | |
Non-current liabilities | ||
Long-term borrowings | 377,438 | |
Asset retirement obligations | 49,568 | |
Other | 70,195 | |
Total non-current liabilities | 497,202 | |
Total liabilities | 1,420,973 | |
Net assets | ||
Shareholders' equity | ||
Capital | 252,302 | |
Capital surplus | 237,302 | |
Retained earnings | 771,091 | |
Treasury shares | (42,615) | |
Total shareholders' equity | 1,218,081 | |
Accumulated other comprehensive income | ||
Valuation difference on available-for-sale securities | ― | |
Total accumulated other comprehensive income | ||
― | ||
Total net assets | 1,218,081 | |
Total liabilities and net assets | 2,639,054 | |
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