Linical : Consolidated Financial Results for the Six Months Ended September 30, 2022(245kb)

[REFERENCE TRANSLATION]

Please note that this translation is to be used solely as reference and the financial statements in this material are unaudited. In case of any discrepancy between this translation and the Japanese original, the latter shall prevail.

This translation is subject to change without notice. Linical Co., Ltd. shall accept no responsibility or liability for damage or loss caused by any error, inaccuracy, misunderstanding, or changes with regard to this translation.

	Consolidated Financial Results
	for the Six Months Ended September 30, 2022
	(Japanese GAAP)
	November 14, 2022
Company name	：Linical Co., Ltd.
Stock Listing	：Tokyo Stock Exchange
Code No.	：2183
URL	：https://www.linical.co.jp/
Representative	：Kazuhiro Hatano, President & Chief Executive Officer
Contact	：Akihiro Takahashi, Executive Vice President, Chief Financial Officer

Scheduled date of filing of quarterly report

: November 14, 2022

Scheduled date of start of dividend payment

: －

Preparation of supplementary materials for the quarterly

: Yes

financial statements

: Yes (for institutional investors and analysts)

Holding of presentation for the quarterly financial results

（All amounts are rounded down to the nearest million yen）

1．Consolidated Financial Results for the Six Months Ended September 30, 2022

（April 1, 2022 to September 30, 2022）

(1)Consolidated Financial Results (cumulative)

（% figures show year-on-year change）

Net sales

Operating income

Ordinary income

Profit attributable to

owners of parent

Six Months Ended

(¥ million)

change(％)

(¥ million)

change(％)

(¥ million)

change(％)

(¥ million)

change(％)

September 30, 2022

5,920

7.2

373

△26.4

614

23.9

468

85.6

September 30, 2021

5,522

10.9

507

173.0

496

259.3

252

－

（Note） Comprehensive income

Six Months Ended September 30, 2022:

¥943 million (244.9 %)

Six Months Ended September 30, 2021:

¥273 million ( - %)

Net income per share

Diluted net income

per share

Six Months Ended

(¥)

(¥)

September 30, 2022

20.76

－

September 30, 2021

11.18

－

(2)Consolidated Financial Position

Total assets

Net assets

Shareholders'

Net asset per

equity ratio

share

(¥ million)

(¥ million)

(％)

(¥)

As of September 30, 2022

17,265

7,170

41.5

317.46

As of March 31, 2022

15,716

6,543

41.6

289.69

（Reference）Shareholder's equity:

As of September

30, 2022:

¥7,170

million

As of March 31, 2022:

¥6,543million

2．Dividends

Annual dividends per share (¥)

1st Quarter End

2nd Quarter End

3rdQuarter End

Fiscal

Total

Year End

Year Ended March 31, 2022

－

0.00

－

14.00

14.00

Year Ending March 31, 2023

－

0.00

Year Ending March 31,

－

14.00

14.00

2023(Forecast)

(Note）Change in the dividend forecast from the most recent announcement: No

3．Forecast of Consolidated Financial Result for the Year Ending March 31, 2023

(April 1, 2022 to March 31, 2023)

（% figures show year-on-year change）

Profit attributable

Net income

Net sales

Operating income

Ordinary income

to owners of

per share

parent

(¥ million)

％

(¥ million)

％

(¥ million)

％

(¥ million)

％

(¥)

Full year

12,440

7.7

1,224

12.7

1,204

1.7

871

10.2

38.56

(Note）Change in forecasts of consolidated financial results from the most recent announcement: No

※ Notes		subsidiaries during the	period(changes in specified
(1)Changes in significant	：No
subsidiaries that caused changes in scope of consolidation)
New:	-	(Company Name)	-
Exclusion:	-	(Company Name)	-

(2)Adoption of accounting methods specific to the preparation of quarterly consolidated financial statements

(3)Changes in accounting policies, accounting estimates and restatements

1)Changes in accounting policies resulting from the revision of the accounting standards and other regulations

2)Changes in accounting policies other than 1) 3)Changes in accounting estimates 4)Restatements

(4)Number of issued shares (Common share)

(a)Number of issued shares at the end of the period (including treasury shares)

：No

：Yes

：No

：No

：No

As of	September 30, 2022
As of	March 31, 2022

(b) Number of treasury shares at the end of the period

As of	September 30, 2022
As of	March 31, 2022

1. Average number of shares during the period Six Months Ended September 30, 2022 Six Months Ended September 30, 2021

：24,740,000 shares

：24,740,000 shares

：2,153,564 shares

：2,153,564 shares

：22,586,436 shares

：22,586,436 shares

• This release is outside the scope of the external auditor's quarterly review procedure.
• Explanation on appropriate use of forecast and other special items

This material contains business forecast and other forward-looking statements which are based on available information and certain assumptions that are considered reasonable at the time of preparation. Various factors may cause actual results to be materially different from those expressed in these forward- looking statements.

*How to obtain supplementary results briefing material on quarterly financial results

The Company plans to hold a quarterly financial results presentation meeting on November 25, 2022. The Company also plans to post to its website the materials that are used at the meeting immediately after the event.

Consolidated Balance Sheets

		(Thousands of yen)
	As of March 31, 2022	As of September 30, 2022
Assets
Current assets
Cash and deposits	5,985,618	6,303,008
Accounts receivable - trade and contrac	2,917,990	3,113,677
Prepaid expenses	197,784	284,425
Advances paid	987,891	1,438,365
Other	266,645	359,309
Allowance for doubtful accounts	△34,842	△13,181
Total current assets	10,321,087	11,485,605
Non-current assets
Property, plant and equipment	664,111	664,019
Intangible assets
Goodwill	3,406,633	3,765,610
Other	159,249	150,876
Total intangible assets	3,565,883	3,916,487
Investments and other assets
Investment securities	347,652	328,045
Long-term prepaid expenses	5,461	2,146
Guarantee deposits	366,280	375,171
Deferred tax assets	445,992	494,374
Total investments and other assets	1,165,387	1,199,737
Total non-current assets	5,395,381	5,780,243
Total assets	15,716,469	17,265,848

Consolidated Balance Sheets

		(Thousands of yen)
	As of March 31, 2022	As of September 30, 2022
Liabilities
Current liabilities
Short-term borrowings	600,000	600,000
Current portion of long-term borrowings	539,976	539,976
Accounts payable - other	533,842	812,141
Accrued expenses	402,485	321,055
Income taxes payable	193,650	265,210
Accrued consumption taxes	38,747	94,539
Advances received	2,147,272	2,411,239
Deposits received	688,038	1,305,346
Provision for bonuses	171,809	166,418
Other	162,279	140,984
Total current liabilities	5,478,102	6,656,911
Non-current liabilities
Long-term borrowings	2,533,566	2,263,578
Lease liabilities	430,959	431,181
Retirement benefit liability	689,644	712,145
Other	41,028	31,803
Total non-current liabilities	3,695,198	3,438,707
Total liabilities	9,173,300	10,095,618
Net assets
Shareholders' equity
Share capital	214,043	214,043
Retained earnings	6,604,985	6,757,589
Treasury shares	△657,461	△657,461
Total shareholders' equity	6,161,567	6,314,170
Accumulated other comprehensive income
Valuation difference on available-for-	42,339	32,821
sale securities
Foreign currency translation adjustment	322,124	806,757
Remeasurements of defined benefit plans	17,138	16,480
Total accumulated other comprehensive	381,601	856,058
income
Total net assets	6,543,169	7,170,229
Total liabilities and net assets	15,716,469	17,265,848