Riskmonster com : Summary of Consolidated Financial Results for the Three Months Ended June 30, 2021(Based on Japanese GAAP)

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 Three Months Ended June 30, 2021 (Based on Japanese GAAP)

				August 11, 2021
Company name:	Riskmonster.com
Stock exchange listing:	Tokyo
Stock code:	3768	URL https://www.riskmonster.co.jp
Representative:	President,CEO	Taichi Fujimoto
Inquiries:	General Manager,Finance and Accounting	Maki Yoshida	TEL [phone]
Division
Scheduled date to file Quarterly Securities Report:	August 12, 2021
Scheduled date to commence dividend payments:	-
Preparation of supplementary material on quarterly financial results:	No
Holding of quarterly financial results meeting:	No

(Amounts less than one million yen are rounded down)

1. Consolidated financial results for the three months ended June 30, 2021 (from April 1, 2021 to June 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	%
Three months ended June 30, 2021	838		7.7		135		3.5		149		13.1		95	10.9
Three months ended June 30, 2020	778		4.8		130		25.9		131			3.8		86	7.8
	Earnings per share		Diluted earnings per share
				Yen						Yen
Three months ended June 30, 2021			12.87						-
Three months ended June 30, 2020			11.67						-
(2) Consolidated financial position
	Total assets			Net assets		Equity ratio			Net assets per share
	Millions of yen			Millions of yen					%			Yen
As of June 30, 2021			6,318						5,353				83.1			704.18
As of March 31, 2021			6,658						5,400				79.6			710.75
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 March 31, 2021			-		0.00				-				28.00		28.00
Year ending March 31, 2022			-
Year ending March 31, 2022 (Forecast)						0.00				-				14.50		14.50

3. Forecast of consolidated financial results for the year ending March 31, 2022 (from April 1, 2021 to March 31, 2022)

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	3,550	0.0	655		0.0	675		0.3	430		0.5	57.46

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4. Notes

1. Changes in significant subsidiaries during the three months ended June 30, 2021 (changes in specified subsidiaries resulting in the change in scope of consolidation):
2. Application of special accounting methods for preparing quarterly consolidated financial statements:

No

No

(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:	Yes
Changes in accounting policies due to other reasons:	No
Changes in accounting estimates:	No
Restatement of prior period financial statements:	No

(4) Number of issued shares (common shares)

Total number of issued shares at the end of the period (including treasury shares)

	As of June 30, 2021	7,546,922	shares	As of March 31, 2021	7,546,922	shares
Number of treasury shares at the end of the period
	As of June 30, 2021	90,368	shares	As of March 31, 2021	90,368	shares
Average number of shares during the period (cumulative from the beginning of the fiscal year)
	Three months ended June 30, 2021	7,456,554	shares	Three months ended June 30, 2020	7,413,122	shares

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Quarterly consolidated financial statements

Consolidated balance sheets

			(Thousands of yen)
		As of March 31, 2021	As of June 30, 2021
Assets
Current assets
Cash and deposits	2,544,953	2,246,122
Notes and accounts receivable - trade	463,561	-
Notes and accounts receivable - trade, and contract assets	-	447,934
Raw materials and supplies	16,668	15,394
Other	58,634	72,553
Allowance for doubtful accounts	(739)	(650)
Total current assets	3,083,079	2,781,354
Non-current assets
Property, plant and equipment
Buildings and structures	567,591	567,606
Accumulated depreciation	(133,956)	(138,753)
Buildings and structures, net	433,634	428,853
Tools, furniture and fixtures	383,306	384,533
Accumulated depreciation	(287,320)	(295,617)
Tools, furniture and fixtures, net	95,985	88,916
Land	568,352	568,352
Leased assets	4,713	4,713
Accumulated depreciation	(1,243)	(1,440)
Leased assets, net	3,469	3,273
Total property, plant and equipment	1,101,442	1,089,395
Intangible assets
Software	738,381	761,825
Other	110,895	126,370
Total intangible assets	849,277	888,196
Investments and other assets
Investment securities	1,545,086	1,491,442
Other	79,661	67,859
Allowance for doubtful accounts	(140)	(184)
Total investments and other assets	1,624,607	1,559,118
Total non-current assets	3,575,328	3,536,711
Total assets		6,658,407	6,318,065

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			(Thousands of yen)
		As of March 31, 2021	As of June 30, 2021
Liabilities
Current liabilities
Accounts payable - other	398,166	258,899
Current portion of long-term borrowings	60,160	60,160
Income taxes payable	197,236	20,988
Provision for bonuses	716	345
Other	163,675	187,038
Total current liabilities	819,955	527,431
Non-current liabilities
Long-term borrowings	155,480	147,940
Retirement benefit liability	2,940	3,035
Other provisions	14,492	14,483
Other	265,372	271,596
Total non-current liabilities	438,285	437,056
Total liabilities	1,258,240	964,487
Net assets
Shareholders' equity
Share capital	1,155,993	1,155,993
Capital surplus	785,621	785,621
Retained earnings	2,653,063	2,644,649
Treasury shares	(63,264)	(63,264)
Total shareholders' equity	4,531,414	4,523,000
Accumulated other comprehensive income
Valuation difference on available-for-sale securities	753,795	712,736
Foreign currency translation adjustment	14,533	15,037
Total accumulated other comprehensive income	768,329	727,774
Non-controlling interests	100,423	102,803
Total net assets	5,400,167	5,353,578
Total liabilities and net assets		6,658,407	6,318,065

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Consolidated statements of income (cumulative) and consolidated statements of comprehensive income (cumulative)

Consolidated statements of income (cumulative)

			(Thousands of yen)
		Three months ended	Three months ended
		June 30, 2020	June 30, 2021
Net sales	778,969	838,697
Cost of sales	354,405	386,993
Gross profit	424,563	451,704
Selling, general and administrative expenses	294,149	316,670
Operating profit	130,414	135,034
Non-operating income
Interest income	109	198
Dividend income	5,436	8,910
Gain on investments in investment partnerships	-	6,637
Other	357	358
Total non-operating income	5,903	16,104
Non-operating expenses
Interest expenses	723	568
Loss on investments in investment partnerships	3,374	-
Foreign exchange losses	238	522
Commitment fees	-	757
Total non-operating expenses	4,336	1,849
Ordinary profit	131,980	149,289
Extraordinary losses
Loss on retirement of non-current assets	16	-
Total extraordinary losses	16	-
Profit before income taxes	131,963	149,289
Income taxes - current	29,548	17,899
Income taxes - deferred	12,721	33,313
Total income taxes	42,270	51,213
Profit	89,693	98,076
Profit attributable to non-controlling interests	3,180	2,098
Profit attributable to owners of parent		86,512	95,977

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