Hoosiers : First Quarter Fiscal Year Ending March 31, 2022 FACT BOOK

Hoosiers Holdings

First Quarter Fiscal Year Ending March 31,2022

Consolidated Financial Highligts

	FY3/20	FY3/20	FY3/21	FY3/21	FY3/22
	1st Quarter	End of Year	1st Quarter	End of Year	1st Quarter
Net sales	10,153	85,231	10,346	80,222	9,585
Real Estate Developmnet	6,706	46,508	7,940	55,315	5,238
CCRC	298	8,947	307	11,466	1,454
Real Estate Investment	1,329	21,826	958	7,409	1,385
Condominium Management	1,798	7,857	1,122	5,959	1,492
and Related Services
Other	20	90	16	72	14
Gross profit	2,234	18,011	2,047	16,077	2,113
Operating income	-152	6,692	-173	5,435	19
Ordinary income	-402	5,513	-177	4,616	-115
Net income	-289	276	-367	2,878	-194
Total assets	151,014	143,897	148,457	136,030	133,278
Net assets	43,215	42,827	41,383	36,368	35,735
Equity Ratio（％）	28.1%	29.3%	27.4%	21.2%	21.1%
※Cumulative period

※Net income…Net income attributable to parent company shareholders

Profitability-Related Indicators

	FY3/20	FY3/20	FY3/21	FY3/21	FY3/22
	1st Quarter	End of Year	1st Quarter	End of Year	1st Quarter
Gross margin ratio（％）	22.0%	21.1%	19.8%	20.0%	22.0%
Operating margin（％）	-1.5%	7.9%	-1.7%	6.8%	0.2%
Ordinary income ratio（％）	-4.0%	6.5%	-1.7%	5.8%	-1.2%
Net profit margin（％）	-2.8%	0.3%	-3.6%	3.6%	-2.0%
ROE（％）	‐	0.6%	‐	8.1%	‐
※Cumulative period

※Net income…Net income attributable to parent company shareholders

(Unit: Million yen)

FY3/22

Forecast

76,000

-

-

-

-

-

-

5,700

5,000

3,100

-

-

-

FY3/22

Forecast

-

7.5%

6.6%

4.1%

Over 10%

1

BS-related Indicators

			(Unit: Million yen)
	FY3/20	FY3/21	FY3/22
	End of Year	End of Year	1st Quarter
Cash and deposits	31,736	29,293	29,170
Real estate for sale	25,888	31,122	30,383
Real estate for sale in process	50,283	37,029	36,033
Non-current assets	29,135	30,888	30,657
Land	11,048	11,166	11,241
Buildings	10,389	11,280	11,596
Total assets	143,897	136,030	133,278
Total interest-bearing debt	84,920	84,099	83,352
Short-terminterest-bearing debt	32,859	29,625	29,783
Long-terminterest-bearing debt	52,060	54,474	53,568
Total liabilities	101,070	99,661	97,542
Total net assets	42,827	36,368	35,735
Total liabilities and net assets	143,897	136,030	133,278

Safety Index

			(Unit: Million yen)
	FY3/20	FY3/21	FY3/22
	End of Year	End of Year	1st Quarter
Net asset ratio（％）	29.3%	21.2%	21.1%
Net adequacy capital ratio（％）	37.5%	27.0%	27.1%
Current ratio（％）	253.3%	253.2%	254.8%
Interest coverage ratio	6.9	5.6	‐

※Net adequacy capital ratio = Capital /(total assets ‐cash and deposits etc.)

2

Profit and Loss Statement (Accounting Period/Cumulative Period）

					(Unit: Million yen)
	FY3/21	FY3/21	FY3/21	FY3/21	FY3/22
	1st Quarter	2nd Quarter	3rd Quarter	End of Year	1st Quarter
Net sales	10,346	18,903	22,437	28,535	9,585
Cost of sales	8,298	15,177	17,680	22,989	7,471
Gross profit	2,047	3,725	4,757	5,546	2,113
Selling, general and	2,221	2,623	2,636	3,160	2,093
administrative expenses
Operating income	-173	1,102	2,120	2,385	19
Ordinary income	-177	904	1,996	1,892	-115
Income before income taxes	-432	1,370	1,984	426	-176
Net income	-367	1,199	1,367	678	-194
※Accounting period

※Net income…Net income attributable to parent company shareholders

					(Unit: Million yen)
	FY3/21	FY3/21	FY3/21	FY3/21	FY3/22
	1st Quarter	2nd Quarter	3rd Quarter	End of Year	1st Quarter
Net sales	10,346	29,249	51,686	80,222	9,585
Cost of sales	8,298	23,475	41,155	64,145	7,471
Gross profit	2,047	5,773	10,530	16,077	2,113
Selling, general and	2,221	4,844	7,481	10,642	2,093
administrative expenses
Operating income	-173	928	3,049	5,435	19
Ordinary income	-177	726	2,723	4,616	-115
Income before income taxes	-432	938	2,922	3,349	-176
Net income	-367	832	2,199	2,878	-194
※Cumulative period

※Net income…Net income attributable to parent company shareholders

3

Consolidated Balance Sheets

					(Unit: Million yen)
		FY3/20	FY3/21	FY3/22	Increase/
		End of Year	End of Year	1st Quarter	decrease
	Assets

	Current assets	114,734	105,142	102,621	-2,521
	Cash and deposits	31,736	29,293	29,170	-122
	Real estate for sale	25,888	31,122	30,383	-739
	Real estate for sale in process	50,283	37,029	36,033	-995
	Other	6,826	7,697	7,033	-663
	Non-current assets	29,135	30,888	30,657	-230
	Land	11,048	11,166	11,241	75
	Buildings	10,389	11,280	11,596	316
	Other	7,698	8,441	7,818	-623
	Deferred assets	28	-	-	-
	Total assets	143,897	136,030	133,278	-2,752
	Liabilities
	Current liabilities	45,294	41,530	40,280	-1,250
	Short-term loans payable	9,362	11,216	11,178	-38
	Current portion of long-term	22,875	14,826	15,022	196
	loans payable
	Current portion of bonds	622	3,582	3,582	-
	Other	12,434	11,905	10,496	-1,408
	Non-current liabilities	55,776	58,131	57,262	-869
	Bonds payable	4,210	2,628	2,618	-10
	Long-term loans payable	47,849	51,845	50,950	-895
	Other	3,716	3,657	3,693	36
	Total liabilities	101,070	99,661	97,542	-2,119
	Net Assets
	Shareholders' equity	42,226	28,934	28,095	-838
	Accumulated other comprehensive income	-114	-72	74	146
	Subscription rights to shares	0	0	0	-
	Non-controlling interests	714	7,507	7,566	59
	Total net assets	42,827	36,368	35,735	-632
	Total liabilities and net assets	143,897	136,030	133,278	-2,752

4