Summary of Consolidated Financial Results for the 2nd Quarter Ended
September 30, 2021 [Japan GAAP]
November 9, 2021 | ||
Company | ipet Holdings, Inc. | Listed on the TSE |
Stock Code | 7339 | URL:https://www.ipet-hd.com |
Representative | Atsuko Yasuda, Representative Director and CEO | |
Contact | Yuta Kudo, Director and CFO | E-mail:ir@ipet-hd.com |
Expected date of filing of quarterly report: November 19, 2021 | Expected starting date of dividend payment: - | |
Preparation of quarterly supplementary material for financial results: Yes | ||
Quarterly results briefing: Yes |
The Company discloses its operating results based on both internal indicators used by managements' decision making ("Non-GAAP Indicator") and indicators based on Japanese GAAP ("J-GAAP Indicators"). The difference between the two indicators is method of calculating policy reserves, which is based on the unearned premium method for Non-GAAP indictor and the initial year balance method for J-GAAP indicator. For details, please refer to page 23 and page 46 of the supplementary material for financial results.
(Rounded down to million yen)
1. Consolidated business results for the six months ended September 2021 (April 1, 2021 through September 30, 2021)
- ① Consolidated results of operations based on the unearned premium method (Non-GAAP)
(% change from the previous corresponding period)
Recurring revenue | Recurring | profit | Net income attributable to | ||||
owners of parent | |||||||
Million yen | % | Million yen | % | Million yen | % | ||
Six months ended Sep. 2021 | 13,702 | - | 179 | - | 100 | - | |
Six months ended Sep. 2020 | - | - | - | - | - | - | |
Net income | Diluted net income | ||||||
per share | per share | ||||||
Yen | Yen | ||||||
Six months ended Sep. 2021 | 9.29 | 9.16 | |||||
Six months ended Sep. 2020 | - | - | |||||
(Reference) | |||||||
Adjusted recurring profit | |||||||
Six months ended Sep. 2021: 600 million yen | |||||||
Six months ended Sep. 2020: | - million yen | ||||||
Adjusted net income | |||||||
Six months ended Sep. 2021: 403 million yen | |||||||
Six months ended Sep. 2020: | - million yen | ||||||
Adjusted net income per share | |||||||
Six months ended Sep. 2021: 37.31 yen | |||||||
Six months ended Sep. 2020: | - yen | ||||||
Diluted net income per share | |||||||
Six months ended Sep. 2021: 36.80 yen | |||||||
Six months ended Sep. 2020: | - yen |
(Note) Since the Company was established on October 1, 2020 through a sole-share transfer, results for the same period of the previous fiscal year are not presented.
- Consolidated results of operations based on the initial year balance method (J-GAAP)
(% change from the previous corresponding period)
Recurring revenue | Recurring | profit | Net income attributable to | ||||
owners of parent | |||||||
Million yen | % | Million yen | % | Million yen | % | ||
Six months ended Sep. 2021 | 13,702 | - | 129 | - | 64 | - | |
Six months ended Sep. 2020 | - | - | - | - | - | - | |
(Note) Comprehensive profit | |||||||
Six months ended September 2021: 28 million yen (-%) | |||||||
Six months ended September 2020: | - million yen (-%) |
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Net income | Diluted net income | |
per share | per share | |
Yen | Yen | |
Six months ended Sep. 2021 | 5.96 | 5.88 |
Six months ended Sep. 2020 | - | - |
(Note) Since the Company was established on October 1, 2020 through a sole-share transfer, results for the same period of the previous fiscal year are not presented.
(2) Consolidated financial position
Total assets | Net assets | Shareholders' equity | |
ratio | |||
Million yen | Million yen | % | |
As of Sep. 2021 | 19,166 | 5,025 | 26.2 |
As of Mar. 2021 | 17,408 | 4,992 | 28.7 |
(Reference) Shareholders' equity | |||
As of September 2021: 5,025 million yen | |||
As of March 2021: 4,992 million yen |
2. Dividends
Annual dividend | ||||||
End of 1Q | End of 2Q | End of 3Q | Year-end | Total | ||
Yen | Yen | Yen | Yen | Yen | ||
Year ended Mar. 2021 | - | - | - | 0.00 | 0.00 | |
Year ending Mar. 2022 | - | 0.00 | ||||
Year ending Mar. 2022 (forecast) | - | 0.00 | 0.00 |
(Note 1) Revisions to dividend forecast for the current quarter: None
(Note 2) Since the Company was established on October 1, 2020 through a sole-share transfer, results until the second quarter of the previous fiscal year are not presented.
3.Forecast of consolidated business results based on the unearned premium method for the fiscal year ending March 2022 (Non-GAAP) (April 1, 2021 through March 31, 2022)
(% change from the previous corresponding period)
Recurring revenue | Recurring profit | Net income attributable to | Net income per share | ||||
owners of parent | |||||||
Million yen | % | Million yen | % | Million yen | % | Yen | |
Year ending Mar. 2022 | 28,600 | 25.0 | 0 | - | -50 | - | -4.63 |
(Note 1) Revisions to business forecast for the current quarter: None (Reference)
Adjusted recurring profit
Year ending Mar. 2022: 880 million yen (-21.4%) Adjusted net income
Year ending Mar. 2022: 580 million yen (-%)
In addition to the above, the status of LTV (Life Time Value), etc., as an important performance indicator of our group, is disclosed in the supplementary
material for financial results.
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*Notes
- Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes
in the scope of consolidation): None
-
Changes in accounting policies, accounting estimates and restatement
① Changes in accounting policies associated with revision of accounting standards: ②Changes in accounting policies other than ①
③Changes in accounting estimates
④Restatement - Shares outstanding (common shares)
① Number of shares outstanding at the end of period (treasury shares included)
As of September 2021 | 10,824,773 shares |
As of March 2021 | 10,811,773 shares |
②Number of treasury shares at the end of period | |
As of September 2021 | 42 shares |
As of March 2021 | 42 shares |
③Average number of shares during period (quarterly cumulative period)
Six months ended September 2021 | 10,818,660 shares |
Six months ended September 2020 | - shares |
(Note) Since the Company was established on October 1, 2020 through a sole-share transfer.
- Yes
- None
- None
- None
*Quarterly financial summary is not subject to the quarterly review procedures by certified public accountants or auditing firms.
*Explanation regarding appropriate use of business forecasts and other special instructions
(Notes on forward-looking statements)
Above forecasts are based on information currently available to the Company and certain assumptions that the Company deems to be reasonable at the time this report was prepared. The Company does not make promises about the achievements. Actual results may differ significantly from the forecasts due to various factors.
(Supplementary material for quarterly financial results)
Supplementary material for quarterly financial results will be disclosed on TDnet and posted on the Company's website immediately after the announcement of financial results.
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ipet Holdings Inc. published this content on 09 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2021 08:22:03 UTC.