Summary of Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending May 31, 2022
Company Name: Securities Code: Representative:
For Inquiries, Contact: TEL:(03)5770-1520
(From June 1, 2021 to February 28, 2022)
[Japanese GAAP]
ERI Holdings Co., Ltd. 6083
Listing Exchanges: First section of the Tokyo Stock Exchange URL:https://www.h-eri.co.jp/
Toshihiko Umano, President, CEO and COO
Seiichiro Matsumura, Head of Finance and Accounting Group
Planned Date for Submission of Quarterly Securities Report: | March 30, 2022 |
Planned Starting Date for Dividend Payments: | - |
Supplementary documents for financial results: | Yes |
Financial Results briefing: | None |
March 30, 2022
(Amounts are rounded down to the nearest million yen)
1. Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending May 31, 2022 (June 1, 2021 - February 28, 2022)
(1) Consolidated Financial Results (Cumulative)
(% indicates year-on-year change)
Net Sales | Operating Profit | Ordinary Profit | Profit Attributable to Owners of Parent | |||||
FY 5/2022 Q3 FY 5/2021 Q3 | million yen 12,001 10,363 | % 15.8 (6.7) | million yen 1,511 22 | % - (93.1) | million yen 1,569 86 | % - (77.4) | million yen 973 29 | % - (85.9) |
(Note) Comprehensive Income
FY 5/2022 Q3: 981 million yen (-%)
Profit per Share | Diluted Profit per Share | |
FY 5/2022 Q3 FY 5/2021 Q3 | yen 124.33 3.83 | yen - - |
(2) Consolidated Financial Position
FY 5/2021 Q3: 33 million yen (-85.1%)
Total Assets | Net Assets | Shareholders' Equity Ratio | |
FY 5/2022 Q3 FY 5/2021 | million yen 7,821 6,477 | million yen 3,769 3,024 | % 47.7 46.1 |
FY 5/2022 Q3: 3,728 million yen
(Reference) Shareholders' Equity
FY 5/2021: 2,988 million yen
2. Dividends
Dividends per Share | |||||
End of Q1 | End of Q2 | End of Q3 | Fiscal Year End | Annual | |
FY 5/2021 FY 5/2022 | yen - - | yen 0.00 15.00 | yen - - | yen 15.00 | yen 15.00 |
FY 5/2022 (Forecast) | 25.00 | 40.00 |
(Note) Revisions to dividend forecasts published most recently: None
(Note) The 25.00 yen of year-end dividend for FY 5/2022 (forecast) includes 10.00 yen special dividend.
3. Consolidated Financial Forecasts for the Fiscal Year Ending May 31, 2022 (June 1, 2021- May 31, 2022)
Net Sales
million yen 15,810
Operating Profit
Profit Attributable to Owners of Parent
% 9.8
million yen 1,600
% 297.2
million yen 1,660
(Note) Revisions to performance forecasts published most recently: None
% 250.0
million yen 1,031
(% indicates year-on-year change)
Profit per Share
% 289.7
yen 131.73
* Notes
(1) Changes in significant subsidiaries during the term under review (changes in subsidiaries via share exchange causing a change in the scope of consolidation): None
(2) Adoption of accounting treatment unique to the preparation of quarterly consolidated financial statements: None
(3) Accounting policies, changes in accounting estimates and errors
(i) Changes in accounting policies associated with the revision of accounting standards, etc.:
(ii) Changes in accounting policies other than (i):
(iii) Changes in accounting estimates:
(iv) Restatements:
Yes None None None
(4) Number of shares issued (common stock)
(i) Shares Outstanding (incl. treasury stock):
(ii) Treasury Stock:
(iii) Average Number of Shares Outstanding
FY 5/2022 Q3 | 7,832,400 shares |
FY 5/2021 | 7,832,400 shares |
FY 5/2022 Q3 | 122shares |
FY 5/2021 | 85 shares |
FY 5/2022 Q3 | 7,832,297 shares |
FY 5/2021 Q3 | 7,787,607 shares |
* This report is not subject to audit by certified public accountant or audit firm.
* Cautionary statement with respect to forward-looking statements, and other information.
The performance projections in this report are based on information currently available and significantly include uncertainty. Actual result may differ materially from these projections due to various factors.
ERI Holdings Co., Ltd. (Securities Code 6083)
Quarterly Consolidated Financial Statements
(1) Quarterly Consolidated Balance Sheet
(Unit: thousand yen)
Previous fiscal year (As of May 31, 2021)
The third quarter of the reporting fiscal year (As of February 28, 2022)
Assets |
Current assets
Cash and deposits Accounts receivable-trade
Accounts receivable-trade and contract assets Work in process
2,650,798 902,549 - 420,120
4,269,064 - 1,067,618 233,108
Other 287,865 | 306,995 |
Total current assets
4,261,334
5,876,787
Non-current assets |
Property, plant and equipment Intangible assets
Other 322,857 | 298,007 |
531,363 432,680 755,537
Goodwill
Total intangible assets
486,556 374,564 672,571
Investments and other assets |
Investment securities Guarantee deposits Deferred tax assets
Other 55,483 | 20,654 |
1,028 469,228 403,842 929,583
Total investments and other assets
961 462,232 302,233 786,082
Total non-current assets 2,216,484 | 1,945,210 |
Total assets
6,477,818
7,821,998
ERI Holdings Co., Ltd. (Securities Code 6083)
(Unit: thousand yen)
Previous fiscal year (As of May 31, 2021)
The third quarter of the reporting fiscal year (As of February 28, 2022)
Liabilities |
Other 187,401 | 262,995 |
Non-current liabilities |
Total non-current liabilities 1,092,222 | 1,172,343 |
Net assets |
Total shareholders' equity 2,989,110 | 3,729,086 |
Valuation difference on available-for-sale securities (428) | (470) |
Non-controlling interests 35,688 | 40,802 |
Current liabilities | ||
Short-term borrowings | - | 300,000 |
Current portion of long-term borrowings | 137,100 | 137,100 |
Accounts payable - other | 294,193 | 241,287 |
Accrued expenses | 784,842 | 687,557 |
Income taxes payable | 153,128 | 388,638 |
Advances received | 769,391 | - |
Contract liabilities | - | 827,759 |
Lease obligations | 35,168 | 34,899 |
Total current liabilities | 2,361,225 | 2,880,236 |
Long-term borrowings | 788,325 | 885,500 |
Retirement benefit liability | 56,133 | 56,622 |
Long-term accounts payable - other | 105,283 | 105,283 |
Lease obligations | 68,689 | 52,146 |
Other | 73,790 | 72,790 |
Total liabilities | 3,453,447 | 4,052,579 |
Shareholders' equity | ||
Share capital | 992,784 | 992,784 |
Capital surplus | 42,236 | 42,236 |
Retained earnings | 1,954,162 | 2,694,193 |
Treasury shares | (72) | (127) |
Accumulated other comprehensive income | ||
Total accumulated other comprehensive income | (428) | (470) |
Total net assets | 3,024,370 | 3,769,418 |
Total liabilities and net assets | 6,477,818 | 7,821,998 |
ERI Holdings Co., Ltd. (Securities Code 6083)
(2) Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statement of Income
(Unit: thousand yen)
Net sales | 10,363,833 | 12,001,912 |
Gross profit 2,697,859 | 4,169,875 |
Operating profit 22,044 | 1,511,738 |
Miscellaneous income 3,408 | 2,983 |
Non-operating expenses |
Total non-operating expenses 56,604 | 6,614 |
Extraordinary losses |
Total extraordinary losses 640 | - |
Income taxes - current 31,170 | 486,812 |
Total income taxes 52,763 | 587,847 |
Profit attributable to non-controlling interests 3,274 | 7,815 |
The third quarter of | The third quarter of | |
the previous fiscal year | the reporting fiscal year | |
(From June 1, 2020 | (From June 1, 2021 | |
to February 28, 2021) | to February 28, 2022) | |
Cost of sales | 7,665,974 | 7,832,037 |
Selling, general and administrative expenses | 2,675,814 | 2,658,137 |
Non-operating income | ||
Interest income | 22 | 70 |
Dividend income of insurance | 6,956 | 4,694 |
Commission income | 1,056 | 991 |
Rent revenue | 5,039 | 5,039 |
Guarantee commission received | 7,747 | - |
Surrender value of insurance policies | 4,063 | 25,911 |
Insurance claim income | - | 16,880 |
Subsidy income | 92,778 | 7,789 |
Total non-operating income | 121,071 | 64,360 |
Interest expenses | 6,477 | 6,500 |
Loss on guarantees | 49,243 | - |
Miscellaneous losses | 882 | 113 |
Ordinary profit | 86,511 | 1,569,484 |
Loss on sale of non-current assets | 640 | - |
Profit before income taxes | 85,871 | 1,569,484 |
Income taxes - deferred | 21,592 | 101,035 |
Profit | 33,108 | 981,636 |
Profit attributable to owners of parent | 29,833 | 973,820 |
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ERI Holdings Co. Ltd. published this content on 30 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 March 2022 06:24:17 UTC.