November 11 2021 | |
Dear Sirs and Madams, | |
Company: | Skylark Holdings Co., Ltd. |
Representative: | Makoto Tani, Chairman, President & CEO |
(Securities Code: 3197; TSE First Section) | |
Contact: | Public Relations Office |
(TEL: 0422-37-5310) |
Notice Regarding Partial Amendments of "Consolidated Financial Reports For the
Six-month Period Ended June 30, 2021 (IFRS) ."
Skylark Holdings Co., Ltd. hereby notifies the amendments of the Consolidated Financial Reports For the Six-month Period Ended June 30, 2021 (IFRS) announced on August 13, 2021. Details are described below.
-
Reason for the amendment
After submitting the Consolidated Financial Reports For the Six-month Period Ended June 30, 2021 (IFRS), there was an error in the tax amount calculation for in adjusted net income. There is no change in the Consolidated Statements of Financial Position and Consolidated Statements of Income. - The amendments are underlined in the attached Consolidated Financial Reports For the Six-month Period Ended June 30, 2021 (IFRS).
Consolidated Financial Report
For the Six-month Period Ended June 30, 2021 (IFRS)
August 13, 2021 | ||
Company Name | SKYLARK HOLDINGS CO., LTD. | Stock Exchange Listing: Tokyo Stock Exchange, 1st Section |
Securities Code | 3197 | URL: http://www.skylark.co.jp |
Representative | Makoto Tani, Chairman, President and Chief Executive Officer | |
Contact for enquiries | Minoru Kanaya, Corporate Director, Managing Executive Officer and Managing | (TEL) 0422-51-8111 |
Director of Finance Division | ||
Quarterly statement filing date (as planned) | August 13, 2021 | |
Dividend payable date (as planned) | - | |
Supplemental material of quarterly results | Yes | |
Convening briefing of quarterly results | Yes (for analysts and institutional investors) |
(Millions of yen; amounts are rounded to the nearest million yen)
1. Consolidated Financial Results for the Six-month Period Ended June 30, 2021
(1) Consolidated Operating Results | (Percentages represent | year-on-year changes) | ||||||||||||||||||
Income before | Net income | Total comprehensive | ||||||||||||||||||
Revenue | Operating profit | Net income | attributable to owners | |||||||||||||||||
income taxes | of the Company | income | ||||||||||||||||||
(Millions | (%) | (Millions | (%) | (Millions | (%) | (Millions | (%) | (Millions | (%) | (Millions | (%) | |||||||||
of yen) | of | yen) | of yen) | of yen) | of yen) | of yen) | ||||||||||||||
Six-month period | 126,655 | (8.9) | 459 | - | (1,943) | - | (505) | - | (505) | - | (46) | - | ||||||||
ended June 30, 2021 | ||||||||||||||||||||
Six-month period | 139,066 | (25.8) | (18,080) | - | (19,858) | - | (18,928) | - | (18,928) | - | (18,791) | - | ||||||||
ended June 30, 2020 | ||||||||||||||||||||
Basic earnings per share | Diluted earnings per share | |||||||||||||||||||
(Yen) | (Yen) | |||||||||||||||||||
Six-month period ended | (2.51) | (2.51) | ||||||||||||||||||
June 30, 2021 | ||||||||||||||||||||
Six-month period ended | (95.83) | (95.83) | ||||||||||||||||||
June 30, 2020 | ||||||||||||||||||||
(Reference) | ||||||||||||||||||||
EBITDA | Six-month period ended | 24,214 million yen | (202.4%) | Six-month period ended | 8,007 million yen | (-78.2%) | ||||||||||||||
June 30, 2021 | June 30, 2020 | |||||||||||||||||||
Adjusted EBITDA | Six-month period ended | 26,001 | million yen | (127.2%) | Six-month period ended | 11,443 million yen | (-70.2%) | |||||||||||||
June 30, 2021 | June 30, 2020 | |||||||||||||||||||
Adjusted net income | Six-month period ended | (379) | million yen | (-%) | Six-month period ended | (18,928) million yen | (-%) | |||||||||||||
June 30, 2021 | June 30, 2020 | |||||||||||||||||||
(Note) We use EBITDA, adjusted EBITDA and adjusted net income to evaluate the results of its operations. Refer to "* Notes for using forecasted information and other matters (3) - (5)" below for details.
(2) Consolidated Financial Position
Equity attributable to | Ratio of equity attributable to | ||||
Total assets | Total equity | owners of the Company | |||
owners of the Company | |||||
to total assets | |||||
(Millions | of yen) | (Millions of yen) | (Millions of yen) | (%) | |
As of June 30, 2021 | 453,742 | 156,583 | 156,583 | 34.5 | |
As of December 31, 2020 | 441,672 | 113,761 | 113,761 | 25.8 | |
1
2. Dividends
Dividends per share | |||||
First quarter | Second quarter | Third quarter | Fourth quarter | Total | |
(Yen) | (Yen) | (Yen) | (Yen) | (Yen) | |
Fiscal year ended | - | 0.00 | - | 0.00 | 0.00 |
December 31, 2020 | |||||
Fiscal year ending | - | 0.00 | |||
December 31, 2021 | |||||
Fiscal year ending | |||||
December 31, 2021 | - | - | - | ||
(Forecasted) |
(Note) Revision of dividend forecast: None
3. Forecasts on the Consolidated Financial Results for the Year Ending December 31, 2021 (January 1, 2021 - December 31, 2021)
(Percentages represent year-on-year changes)
Revenue | Operating profit | Income before income | Net income attributable to | Basic earnings per share | ||||||||||||||
taxes | owners of the Company | |||||||||||||||||
(Millions of | (%) | (Millions of | (%) | (Millions of | (%) | (Millions of | (%) | (Yen) | ||||||||||
yen) | yen) | yen) | yen) | |||||||||||||||
Fiscal year ending | 285,000 | (1.2) | 5,000 | - | 1,000 | - | 400 | - | 2.03 | |||||||||
December 31, 2021 | ||||||||||||||||||
(Note) Revision of forecasts on the results of operations: None | ||||||||||||||||||
(Reference) | ||||||||||||||||||
Adjusted net income | Fiscal year ending December 31, 2021 (Forecasted) | 400 | million | yen | (-%) |
.
2
- Notes
-
Changes in status of significant subsidiaries during the period (changes in specified subsidiaries accompanying changes in scope of consolidation): No
Number of subsidiaries newly consolidated: -
Number of subsidiaries excluded from consolidation: - - Changes in accounting policies and accounting estimates
-
Changes in status of significant subsidiaries during the period (changes in specified subsidiaries accompanying changes in scope of consolidation): No
(i) Changes in accounting policies required by IFRSs: | Yes |
- Changes in accounting policies other than those in (i): Yes
(iii) Changes in accounting estimates: | No |
- Number of issued shares (common stock)
- Number of issued shares (including treasury stock)
- Number of treasury stock
- Average number of issued shares during the period
As of June 30, 2021 | 227,502,200 | As of December 31, 2020 | 197,502,200 |
As of June 30, 2021 | - | As of December 31, 2020 | - |
Six month-period ended | 201,139,610 | Six month-period ended | 197,502,200 |
June 30, 2021 | June 30, 2020 | ||
- This quarterly financial report is not subject to quarterly review procedures by certified public accountants or independent auditors.
- Notes for using forecasted information and other matters
- We have adopted International Financial Reporting Standards (IFRSs).
- The forecasts above are based on information available as of the date of this report and certain assumptions deemed to be reasonable. We does not provide any assurance as to achievement of these forecasts. In addition, the actual results may vary materially from the forecasts due to various factors. Refer to page 5 of Appendix "1. Qualitative Information on the Consolidated Financial Results for the Six-month Period Ended June 30, 2021 (3) Explanation of the Forward-looking Statements including the Forecasts on the Consolidated Financial Results" for further details and disclaimer regarding the use of the forecasts and certain assumptions used in developing those forecasts.
- Refer to page 2 of Appendix "1. Qualitative Information on the Consolidated Financial Results for the Six-month Period Ended June 30, 2021 (1) Explanation of the Consolidated Operating Results" for the details of EBITDA, adjusted EBITDA and adjusted net income.
- EBITDA, adjusted EBITDA and adjusted net income are not measures prescribed in accordance with IFRSs but are financial measures that we believe are useful for investors to assess the operating results of our business. These financial measures exclude the effect of non-cash items and non-recurring expense items, such as public offering-related expenses, loss on redemption of borrowings before the repayment date and gain or loss on the associated hedge transactions, and gain or loss on modification of financial liabilities in accordance with the adoption of IFRS 9, Financial Instruments (2014) (including readjustment of the amount of impact from the retroactive application of changes in accounting policies), that we do not consider to be indicative of the results of its normal operations or comparable to its competitors' operating results.
- The EBITDA, adjusted EBITDA and adjusted net income may not be comparable to those of other companies in the same industry due to the difference in the calculation method, and, as a result, their usefulness may decrease.
- 3 -
(Appendix) Table of Contents
1. Qualitative Information on the Consolidated Financial Results for the Six-month Period Ended June 30, 2021……….. | 2 | |
(1) | Explanation of the Consolidated Operating Results ……………………………………………………..…..………… | 2 |
(2) | Explanation of the Consolidated Financial Position …………………………………………………………………… | 4 |
(3) | Explanation of the Forward-looking Statements including the Forecasts on the Consolidated Financial Results …...… | 5 |
2. Condensed Interim Consolidated Financial Statements and Notes ……………………………………………….………….. | 6 | |
(1) | Condensed Interim Consolidated Statements of Financial Position …………………………………………….……… | 6 |
(2) | Condensed Interim Consolidated Statements of Income ……………………………………….……………….……… | 8 |
(3) | Condensed Interim Consolidated Statements of Comprehensive Income ……………………………………………… | 9 |
(4) | Condensed Interim Consolidated Statements of Changes in Equity …………………………………………………… | 10 |
(5) | Condensed Interim Consolidated Statements of Cash Flows ……………………………………………………...…… | 12 |
(6) | Notes on the Going Concern Assumption ……………………………………………………………………………… | 13 |
(7) | Notes to Condensed Interim Consolidated Financial Statements ……………………………………………………… | 13 |
- 1 -
This is an excerpt of the original content. To continue reading it, access the original document here.