Note:This document is a translation of a part of the original Japanese version and provided for reference purposes only. In the event of any discrepancy between the Japanese original and this English translation, the Japanese original shall prevail.
Consolidated Financial Results
for the Nine Months Ended September 30, 2021
[Japanese GAAP]
November 10, 2021
Company name: Kinjiro Co.,Ltd. | |
Stock exchange listing: Tokyo | |
Code number: 4013 | |
URL: https://www.kinjiro-e.com | |
Representative: Minoru Kamura | President |
Contact: Shinichi Tanaka | Executive Officer |
Phone: 052-249-9200
Scheduled date of filing quarterly securities report: November 10, 2021
Scheduled date of commencing dividend payments: -
Availability of supplementary briefing material on quarterly financial results: Yes
Schedule of quarterly financial results briefing session: No
(Amounts of less than one million yen are rounded down)
1. Consolidated Financial Results for the Nine Months Ended September 30, 2021 (January 01, 2021 to September 30, 2021)
(1) Consolidated Operating Results | (% indicates changes from the previous corresponding period.) | |||||||||||||
Net sales | Operating profit | Ordinary profit | Profit attributable to | |||||||||||
owners of parent | ||||||||||||||
Nine months ended | Million yen | % | Million yen | % | Million yen | % | Million yen | % | ||||||
September 30, 2021 | 2,475 | (4.2) | 199 | (51.6) | 194 | (52.4) | 129 | (50.5) | ||||||
September 30, 2020 | 2,585 | - | 413 | - | 408 | - | 261 | - | ||||||
(Note) Comprehensive income: | Nine months ended September 30, 2021: | ¥ | 131 million | [ | (49.8) %] | |||||||||
Nine months ended September 30, 2020: | ¥ | 261 million | [ | -%] | ||||||||||
Basic earnings | Diluted earnings per | |||||||||||||
per share | share | |||||||||||||
Nine months ended | Yen | Yen | ||||||||||||
September 30, 2021 | 12.54 | - | ||||||||||||
September 30, 2020 | 34.78 | - | ||||||||||||
(2) Consolidated Financial Position | ||||||||||||||
Total assets | Net assets | Capital adequacy ratio | ||||||||||||
As of | Million yen | Million yen | % | |||||||||||
September 30, 2021 | 9,763 | 8,965 | 91.8 | |||||||||||
December 31, 2020 | 10,984 | 9,896 | 90.1 | |||||||||||
(Reference) Equity: As of | September 30, 2021: | ¥ | 8,965 million | |||||||||||
As of | December 31, 2020: | ¥ | 9,896 million |
2. Dividends
Annual dividends | |||||||
1st | 2nd | 3rd | Year-end | Total | |||
quarter-end | quarter-end | quarter-end | |||||
Yen | Yen | Yen | Yen | Yen | |||
Fiscal year ended December 31, 2020 | - | 0.00 | - | 20.00 | 20.00 | ||
Fiscal year ending December 31, 2021 | - | 0.00 | - | ||||
Fiscal year ending December 31, 2021 | 17.00 | 17.00 | |||||
(Forecast) | |||||||
(Note) Revision to the forecast for dividends | announced most | recently: | No | ||||
(Note) Breakdown of the 3rd quarter dividend for the fiscal year ending December 31, 2021 : | |||||||
Commemorative dividend | 10.00 yen | ||||||
Special dividend | 10.00 yen |
3. Consolidated Financial Results Forecast for the Fiscal Year Ending December 31, 2021(January 01, 2021 to December 31, 2021) (% indicates changes from the previous corresponding period.)
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 | 3,550 | 3.4 | 489 | (13.0) | 470 | (8.1) | 328 | (0.4) | 32.09 | ||||
(Note) Revision to the financial results forecast announced most recently: | Yes | ||||||||||||
* Notes: | |||||||||||||
(1) Changes in significant subsidiaries during the nine months ended September 30, 2021 | |||||||||||||
(changes in specified subsidiaries resulting in changes in scope of consolidation): | No | ||||||||||||
New | - | (Company name: | ) | ||||||||||
Exclusion: | - | (Company name: | ) | ||||||||||
(2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements: | Yes |
- Changes in accounting policies, changes in accounting estimates and retrospective restatement
- Changes in accounting policies due to the revision of accounting standards: No
- Changes in accounting policies other than 1) above: No
- Changes in accounting estimates: No
- Retrospective restatement: No
- Total number of issued shares (common shares)
- Total number of issued shares at the end of the period (including treasury shares):
September 30, 2021: | 10,420,000 | shares | |
December 31, 2020: | 10,420,000 | shares | |
2) | Total number of treasury shares at the end of the period: | ||
September 30, 2021: | 435,800 | shares | |
December 31, 2020: | - shares | ||
3) | Average number of shares during the period: | ||
Nine months ended September 30, 2021: | 10,327,501 shares | ||
Nine months ended September 30, 2020: | 7,524,562 shares |
Quarterly Consolidated Financial Statements
Quarterly Consolidated Balance Sheets
(Thousand yen) | ||||
As of December 31,2020 | As of September 30,2021 | |||
Assets | ||||
Current assets | ||||
Cash and deposits | 9,234,228 | 7,560,111 | ||
Notes and accounts receivable - trade | 587,143 | 547,431 | ||
Inventories | 67,688 | 55,281 | ||
Other | 56,484 | 236,171 | ||
Allowance for doubtful accounts | - | (3) | ||
Total current assets | 9,945,545 | 8,398,992 | ||
Non-current assets | ||||
Property, plant and equipment | 372,739 | 604,348 | ||
Intangible assets | ||||
Software | 118,970 | 89,688 | ||
Software in progress | 261,938 | 368,136 | ||
Other | 1,856 | 10,631 | ||
Total intangible assets | 382,766 | 468,456 | ||
Investments and other assets | ||||
Other | 284,482 | 292,711 | ||
Allowance for doubtful accounts | (1,220) | (1,220) | ||
Total investments and other assets | 283,262 | 291,490 | ||
Total non-current assets | 1,038,768 | 1,364,295 | ||
Total assets | 10,984,313 | 9,763,288 | ||
Liabilities | ||||
Current liabilities | ||||
Notes and accounts payable - trade | 71,397 | 57,399 | ||
Current portion of long-term borrowings | 44,592 | 44,592 | ||
Income taxes payable | 181,915 | 28 | ||
Provision for bonuses | - | 62,648 | ||
Unearned revenue | 224,721 | 226,464 | ||
Other | 282,337 | 158,409 | ||
Total current liabilities | 804,964 | 549,542 | ||
Non-current liabilities | ||||
Long-term borrowings | 94,451 | 61,007 | ||
Provision for retirement benefits for directors (and | 50,976 | 42,354 | ||
other officers) | ||||
Retirement benefit liability | 120,408 | 127,687 | ||
Asset retirement obligations | 17,036 | 17,214 | ||
Total non-current liabilities | 282,872 | 248,263 | ||
Total liabilities | 1,087,836 | 797,806 | ||
Net assets | ||||
Shareholders' equity | ||||
Share capital | 4,099,300 | 4,099,300 | ||
Capital surplus | 4,056,450 | 4,056,450 | ||
Retained earnings | 1,738,240 | 1,659,339 | ||
Treasury shares | - | (853,890) | ||
Total shareholders' equity | 9,893,990 | 8,961,199 | ||
Accumulated other comprehensive income | ||||
Valuation difference on available-for-sale | (34) | 7 | ||
securities | ||||
Foreign currency translation adjustment | 2,521 | 4,275 | ||
Total accumulated other comprehensive income | 2,486 | 4,283 | ||
Total net assets | 9,896,477 | 8,965,482 | ||
Total liabilities and net assets | 10,984,313 | 9,763,288 |
Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statements of Income (For the nine months)
(Thousand yen) | ||
For the nine months | For the nine months | |
ended September 30,2020 | ended September 30,2021 | |
Net sales | 2,585,336 | 2,475,924 |
Cost of sales | 877,646 | 949,986 |
Gross profit | 1,707,689 | 1,525,937 |
Selling, general and administrative expenses | 1,294,192 | 1,325,990 |
Operating profit | 413,496 | 199,947 |
Non-operating income | ||
Interest income | 75 | 113 |
Foreign exchange gains | - | 213 |
Subsidy income | - | 595 |
Surrender value of insurance policies | 1,443 | 608 |
Other | 69 | 123 |
Total non-operating income | 1,589 | 1,653 |
Non-operating expenses | ||
Interest expenses | 247 | 207 |
Commission expenses | 90 | 6,733 |
Share issuance costs | 2,962 | - |
Going public expenses | 2,720 | - |
Other | 74 | 86 |
Total non-operating expenses | 6,093 | 7,027 |
Ordinary profit | 408,991 | 194,573 |
Profit before income taxes | 408,991 | 194,573 |
Income taxes | 147,251 | 65,074 |
Profit | 261,739 | 129,499 |
Profit attributable to owners of parent | 261,739 | 129,499 |
Quarterly Consolidated Statements of Comprehensive Income (For the nine months)
(Thousand yen) | |||
For the nine months | For the nine months | ||
ended September 30,2020 | ended September 30,2021 | ||
Profit | 261,739 | 129,499 | |
Other comprehensive income | |||
Valuation difference on available-for-sale securities | (13) | 42 | |
Foreign currency translation adjustment | (66) | 1,754 | |
Total other comprehensive income | (80) | 1,796 | |
Comprehensive income | 261,659 | 131,296 | |
Comprehensive income attributable to | |||
Comprehensive income attributable to owners of | 261,659 | 131,296 | |
parent | |||
Attachments
- Original document
- Permalink
Disclaimer
Nittsusystem Co. Ltd. published this content on 15 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 November 2021 06:09:08 UTC.