Cyberlinks : Consolidated Financial Results for the six months ended June 30, 2022

Consolidated Financial Results for the six months ended June 30, 2022

[Japanese GAAP]

August 10, 2022

Company name:	Cyberlinks Co., Ltd.
Listing:	The Prime Market of the Tokyo Stock Exchange
Code number:	3683
URL:	https://www.cyber-l.co.jp/
Representative:	Tsuneo Murakami
	President
Contact:	Takayuki Torii, Executive Officer, General Administration Manager
	Tel: [phone]

Scheduled date of filing of Quarterly Report:	August 10, 2022
Scheduled date of dividend payment	-
Preparation of supplementary materials for quarterly financial results:	Yes
Holding of quarterly financial results meeting:	Yes
	(for institutional investors and
	analysts)

(Amounts of less than one million yen are rounded down.)

1. Consolidated Financial Results for the Six Months Ended June 30, 2022（January 1, 2022 to June 30, 2022）

(1) Consolidated Operating Results (cumulative)

					(Percentages indicate rates of year-on-year change)
	Net sales		Operating profit	Ordinary profit	Profit attributable to
		owners of parent
Six months ended	Million yen		%	Million yen	%	Million yen	%	Million yen	%
June 30, 2022	6,233		(9.2)	729	26.0	732	25.5	487	20.1
June 30, 2021	6,862		7.3	578	21.8	583	19.6	406	23.4

(Note) Comprehensive income: For the six months ended June 30, 2022: ¥487 million (up 20.1% year on year) For the six months ended June 30, 2021: ¥406 million (up 23.4% year on year)

	Basic earnings	Diluted earnings
	per share	per share
Six months ended	Yen	Yen
June 30, 2022	47.14	46.46
June 30, 2021	39.24	38.16
(2) Consolidated Financial Position
	Total assets	Net assets		Equity ratio
	Million yen	Million yen		%
As of June 30, 2022	9,638	5,831		59.7
As of December 31, 2021	9,682	5,418		55.1
(Reference) Shareholders' equity: As of June 30, 2022: ¥5,752 million
	As of December 31, 2021: ¥5,340 million

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2. Dividends

				Annual dividends
	1st		2nd	3rd		Year-end		Total
	quarter-end		quarter-end	quarter-end
	Yen		Yen	Yen		Yen		Yen
Fiscal year ended	－	0.00	－		12.00	12.00
December 31, 2021
Fiscal year ending	－	0.00
December 31, 2022
December 31, 2022				－		13.00	13.00
(Forecast)

(Note) Changes in dividend forecast from the most recent announcement: None

3. Consolidated Financial Results Forecast for the Fiscal Year Ending December 31, 2022 (January 1, 2022 to December 31, 2022)

(Percentages indicate rates of year-on-year change)

	Net sales		Operating profit	Ordinary profit	Profit attributable to	Basic earnings
		owners of parent	per share
	Million yen		%	Million yen	%	Million yen	%	Million yen	%	Yen
Full-year	13,267		0.2	1,043	10.4	1,046	9.1	670	3.8	64.78

(Note) Changes in financial results forecast from the most recent announcement: None

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Notes:

1. Changes in specific subsidiaries during the period (changes in specified subsidiaries resulting in a change in the scope of consolidation): None
2. Application of special accounting treatment in preparing the quarterly financial statements: None
3. Changes in accounting policies, changes in accounting estimates, and retrospective restatement
4. 1. Changes in accounting policies due to the revision of accounting standards: Yes
   2. Changes in accounting policies other than 1): None
   3. Changes in accounting estimates: None
   4. Retrospective restatement: None
5. Total number of issued shares (common stock)
6. 1. Total number of issued shares at the end of the period (including treasury shares):

June 30, 2022: 10,570,015 shares

December 31, 2021: 10,557,972 shares

• 1. Total number of treasury shares at the end of the period: June 30, 2022: 215,420 shares
     December 31, 2021: 215,420 shares
  2. Average number of shares outstanding during the period: Six months ended June 30, 2022: 10,346,629 shares Six months ended June 30, 2021: 10,345,426 shares
• The quarterly financial statements are outside the scope of quarterly reviews by certified public accountants and auditing firms.
• Explanation of the proper use of financial results forecast and other notes

Disclaimer regarding forward-looking statements

The forward-looking statements, including financial results forecasts, contained in this document are based on information currently available to the Company and on certain assumptions deemed to be reasonable.

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Quarterly Consolidated Financial Statements and Primary Notes

(1) Consolidated Balance Sheet

					(Millions of yen)
				As of December 31, 2021	As of June 30, 2022
Assets
	Current assets
		Cash and deposits	2,552	2,560
		Notes and accounts receivable - trade	2,306	－
		Notes receivable-trade, accounts receivable-trade,	－	1,898
		and contract assets
		Lease receivables and investments in leases	318	285
		Merchandise and finished goods	85	121
		Work in process	384	96
		Raw materials and supplies	9	9
		Other	239	221
		Allowance for doubtful accounts	(1)	(0)
		Total current assets	5,896	5,191
		Non-current assets
		Property, plant and equipment
		Buildings and structures	2,369	2,392
		Accumulated depreciation	(1,480)	(1,461)
		Buildings and structures, net	888	930
		Land	1,399	1,844
		Other	2,001	2,071
		Accumulated depreciation	(1,546)	(1,630)
		Other, net	455	441
		Total property, plant and equipment	2,743	3,216
		Intangible assets	495	633
		Investments and other assets	547	597
		Total non-current assets	3,786	4,447
	Total assets	9,682	9,638
	Liabilities
	Current liabilities
		Accounts payable - trade	655	450
		Current portion of long-term borrowings	304	304
		Income taxes payable	347	305
		Provision for bonuses	39	41
		Provision for loss on order received	3	1
		Asset retirement obligations	6	－
		Other	883	824
		Total current liabilities	2,240	1,928
	Non-current liabilities
		Long-term borrowings	1,775	1,622
		Asset retirement obligations	32	46
		Other	215	209
		Total non-current liabilities	2,023	1,879
	Total liabilities	4,264	3,807

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		(Millions of yen)
	As of December 31, 2021	As of June 30, 2022
Net assets
Shareholders' equity
Share capital	851	858
Capital surplus	1,303	1,310
Retained earnings	3,496	3,895
Treasury shares	(311)	(311)
Total shareholders' equity	5,340	5,752
Share acquisition rights	78	78
Total net assets	5,418	5,831
Total liabilities and net assets	9,682	9,638

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