Translation
Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.
Summary of Consolidated Financial Results for the Nine Months Ended September 30, 2021 (Based on Japanese GAAP)
November 11, 2021 | ||
Company name: | ORO Co., Ltd | |
Stock exchange listing: | TSE | |
Stock code: | 3983 | URL https://www.oro.com |
Representative: | Atsushi Kawata, Representative Director and President | |
Inquiries: | Yasuhisa Hino, Senior Managing Director and General Manager for Corporate Department TEL +81-3-5724-7001 |
Scheduled date to file Quarterly Securities Report: | November 12, 2021 | |||||||||||
Scheduled date to commence dividend payments: | - | |||||||||||
Preparation of supplementary material on quarterly financial results: | Yes | |||||||||||
Holding of quarterly financial results meeting: | None | |||||||||||
(Amounts less than one million yen are rounded down) | ||||||||||||
1. Consolidated financial results for the nine months ended September 30, 2021 (from January 1, 2021 to September 30, 2021) | ||||||||||||
(1) Consolidated operating results (cumulative) | Percentages indicate year-on-year changes | |||||||||||
Net sales | Operating profit | Ordinary profit | Profit attributable to | |||||||||
owners of parent | ||||||||||||
Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | |||||
Nine months ended September 30, 2021 | 4,071 | 13.8 | 1,452 | 44.8 | 1,453 | 44.2 | 991 | 45.4 | ||||
Nine months ended September 30, 2020 | 3,578 | (3.9) | 1,002 | (0.6) | 1,007 | (2.3) | 681 | (1.8) |
Note: Comprehensive income Nine months ended September 30, 2021: | 1,014 million yen | [49.6%] | |||
Nine months ended September 30, 2020: | 678 | million yen | [0.5%] | ||
Earnings per share | Diluted earnings per share | ||||
Yen | Yen | ||||
Nine months ended September 30, 2021 | 61.13 | - | |||
Nine months ended September 30, 2020 | 41.06 | - | |||
(2) Consolidated financial position | |||
Total assets | Net assets | Equity ratio | |
Millions of yen | Millions of yen | % | |
As of September 30, 2021 | 7,503 | 6,344 | 84.6 |
As of December 31, 2020 | 8,608 | 7,216 | 83.8 |
Reference: Equity capital | As of September 30, 2021: 6,344 | million yen | As of December 31, 2020: 7,216 million yen | ||||||||||||||||
2. Cash dividends | |||||||||||||||||||
Annual dividends per share | |||||||||||||||||||
1st quarter-end | 2nd quarter-end | 3rd quarter-end | Fiscal year-end | Total | |||||||||||||||
Yen | Yen | Yen | Yen | Yen | |||||||||||||||
Year ended December 31, 2020 | - | 0.00 | - | 10.00 | 10.00 | ||||||||||||||
Year ending December 31, 2021 | - | 0.00 | - | ||||||||||||||||
Year ending December 31, 2021 (Forecast) | 10.00 | 10.00 | |||||||||||||||||
Note: Revisions to most recently released dividend forecast | : None | ||||||||||||||||||
3. Forecast of consolidated financial results for the year ending December 31, 2021 (from January 1, 2021 to December 31, 2021) | |||||||||||||||||||
Percentages indicate year-on-year changes | |||||||||||||||||||
Net sales | Operating profit | Ordinary profit | Profit attributable to | Earnings per share | |||||||||||||||
owners of parent | |||||||||||||||||||
Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | Yen | |||||||||||
Full year | 6,050 | 15.5 | 1,931 | 13.1 | 1,940 | 13.2 | 1,338 | 13.3 | 80.63 | ||||||||||
Note: Revisions to most recently released earnings forecast : | None |
―1―
4. Notes
- Changes in significant subsidiaries during the nine months ended September 30, 2021 (changes in specified subsidiaries resulting in the change in scope of consolidation):
- Application of special accounting methods for preparing quarterly consolidated financial statements:
None
None
(3) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements | |
Changes in accounting policies due to revisions to accounting standards and other regulations: | None |
Changes in accounting policies due to other reasons: | None |
Changes in accounting estimates: | None |
Restatement of prior period financial statements: | None |
(4) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of September 30, 2021 | 16,606,453 | shares | As of December 31, 2020 | 16,606,453 | shares | |
Number of treasury shares at the end of the period | ||||||
As of September 30, 2021 | 495,585 | Shares | As of December 31, 2020 | 331 | shares | |
Average number of shares during the period (cumulative from the beginning of the fiscal year) | ||||||
Nine months ended September 30, 2021 | 16,217,005 | Shares | Nine months ended September 30, 2020 | 16,603,437 | shares | |
- This report is exempt from the quarterly review by certified a public accountant or audit firm.
-
Explanation concerning appropriate use of the earnings forecast and other matters to note
(Caution regarding forward-looking statements)
Earnings forecasts and other forward-looking statements contained in this document are based on information available at the time of this document's preparation and on certain assumptions that are deemed to be reasonable. These forward-looking statements are not guarantees of future performance, and actual results, performance, achievements or financial position may differ materially from those expressed or implied herein due to a range of factors.
(Method of obtaining supplementary materials to quarterly financial results)
Supplementary materials to financial results are disclosed on TDnet and the Company's website on the same day.
―2―
○Accompanying Materials - Contents
1. Quarterly consolidated financial statements and main notes …………………………………………… 4
(1) Consolidated balance sheets …………………………………………………………………………… 4
(2) Consolidated statements of income and comprehensive income ……………………………………… 6
(3) Notes on consolidated financial statements …………………………………………………………… 8 (Note on the going-concern assumption) …………………………………………………………… 8 (Note on significant changes in the amount of shareholders' equity) …………………………………8 (Segment information) ……………………………………………………………………………… 8
―3―
Quarterly consolidated financial statements
Consolidated balance sheets
(Thousands of yen) | |||
As of December 31, 2020 | As of September 30, 2021 | ||
Assets | |||
Current assets | |||
Cash and deposits | 6,293,840 | 5,657,489 | |
Notes and accounts receivable - trade | 1,370,614 | 882,836 | |
Work in process | 153,376 | 225,601 | |
Raw materials and supplies | 3,073 | 3,050 | |
Other | 100,355 | 99,654 | |
Allowance for doubtful accounts | (1,120) | (553) | |
Total current assets | 7,920,138 | 6,868,079 | |
Non-current assets | |||
Property, plant and equipment | 454,454 | 385,629 | |
Intangible assets | 31,233 | 38,674 | |
Investments and other assets | |||
Investment securities | 16,541 | 12,037 | |
Deferred tax assets | 88,624 | 101,048 | |
Other | 98,290 | 99,325 | |
Allowance for doubtful accounts | (915) | (915) | |
Total investments and other assets | 202,540 | 211,495 | |
Total non-current assets | 688,229 | 635,799 | |
Total assets | 8,608,368 | 7,503,878 | |
―4―
(Thousands of yen) | |||
As of December 31, 2020 | As of September 30, 2021 | ||
Liabilities | |||
Current liabilities | |||
Notes and accounts payable - trade | 288,743 | 147,229 | |
Income taxes payable | 280,526 | 263,818 | |
Provision for bonuses | 53,222 | 111,621 | |
Provision for loss on order received | 30,132 | 28,118 | |
Other | 565,653 | 445,640 | |
Total current liabilities | 1,218,278 | 996,427 | |
Non-current liabilities | |||
Asset retirement obligations | 114,799 | 114,340 | |
Other | 58,471 | 48,474 | |
Total non-current liabilities | 173,271 | 162,815 | |
Total liabilities | 1,391,550 | 1,159,242 | |
Net assets | |||
Shareholders' equity | |||
Capital stock | 1,193,528 | 1,193,528 | |
Capital surplus | 1,103,528 | 1,103,817 | |
Retained earnings | 4,922,166 | 5,747,386 | |
Treasury shares | (942) | (1,721,970) | |
Total shareholders' equity | 7,218,281 | 6,322,760 | |
Accumulated other comprehensive income | |||
Valuation difference on available-for-sale securities | 7,523 | 4,053 | |
Foreign currency translation adjustment | (8,987) | 17,821 | |
Total accumulated other comprehensive income | (1,463) | 21,875 | |
Total net assets | 7,216,818 | 6,344,635 | |
Total liabilities and net assets | 8,608,368 | 7,503,878 | |
―5―
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original document
- Permalink
Disclaimer
ORO Co. Ltd. published this content on 11 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 November 2021 06:26:24 UTC.