W SCOPE : Summary of Financial Results for the third quarter 2021

Year ended December 31, 2021

Consolidated Financial Results for the Third Quarter [Japanese GAAP]

								November 15, 2021
Company name	W-SCOPE Corporation			Listed stock exchanges Tokyo
Stock code	6619						URL	https://w-scope.co.jp/
Representative	(Title)	President and Representative Director	(Name)	Choi Won-kun
Contact person	(Title)	Director			(Name) Ouchi Hideo	(TEL) 03-5436-7155
Scheduled date to file		November 15, 2021	Scheduled date of commencement of dividend payment ―
Quarterly Securities Report
Preparation of supplementary material on quarterly financial results: Yes
Quarterly results briefing	: Yes	(For institutional investors and analysts	)

(Amounts are rounded down to the nearest million yen.)

1.Third Quarter of the Year Ending December 31, 1.2021 (January 1, 2021-September 30, 2021)

(1) Consolidated Operating Results (Cumulative)

(Percentages indicate year-on-year changes.)

Attributable to

Net sales

Operating income

Ordinary income

owners of parent

Quarterly net income

Millions of yen

%

Millions of yen

%

Millions of yen

%

Millions of

%

yen

3rd quarter of fiscal 2021

20,329

71.5

422

―

3,801

―

3,486

―

Third Quarter of Fiscal 2020

11,847

34.3

3,354

―

△4,859

―

△4,407

―

2,857Millions ―%)

Third Quarter

5,864Millions

―%)

(NOTE) Comprehensive

3rd quarter

△

△

△

△

△

income

of fiscal 2021

of yen

of Fiscal 2020

of yen

Per share Net profit

Fully diluted Per share Net profit

Yen

Yen

3rd quarter of fiscal 2021

68.24

―

Third Quarter of Fiscal 2020

121.19

―

△

△

(2) Consolidated Financial Position

Total assets

Net assets

Equity Ratio

Net assets per share

Millions of yen

Millions of yen

%

Yen

3rd quarter of fiscal 2021

80,976

48,802

36.1

537.44

Year ended December 31, 2020

70,227

9,934

14.1

218.83

(Reference) Shareholders' equity	3rd quarter	29,269Millions of yen	Year ended	9,901Millions of yen
	of fiscal 2021		December 31, 2020

2.Dividend Status

			Dividend per share
	End of first quarter	End of second quarter	End of the third quarter	Term end	Total
	Yen		Yen		Yen	Yen	Yen
Year ended December 31, 2020	―		0.00		―	0.00	0.00
Year ended December 31, 2021	―		0.00		―
FY2021 (forecast)						0.00	0.00
(NOTE) Revisions to the most recently	announced dividend	forecasts	:None

3.Forecasts for the fiscal year ended December 31, 3.2021 (January 1, 2021 to December 31, 2021)

(Percentages indicate year-on-year changes.)

Attributable to owners

Per share

Net sales

Operating income

Ordinary income

of parent

Net income

Net income

Millions of yen

%

Millions of yen

%

Millions of yen

%

Millions of yen

%

Yen

Full year

28,000

51.5

1,200

―

―

―

―

―

―

(NOTE)

Revisions

to the consolidated forecasts most recently announced

:Yes

• Notes

(1) Changes of important subsidiaries during the period : None

(changes in specified subsidiaries resulting in change in scope of consolidation)

Newly added	1 Company (Company name)	WSPC First		、 Exclusion	―Company (Company name)
Limited Company
(2) Application of particular accounts procedures to		:Yes
the preparation of quarterly consolidated financial statements
(3) Changes in accounting policies and changes or restatement of accounting estimates
① Changes in accounting policies caused by revision of accounting standards		: None
② Changes in accounting policies other than ①				: None
③ Changes in accounting estimates					: None
④ Restatement of revisions					: None
(4) Number of shares of common stock outstanding
① Number of shares issued At the end of	3Q for the year ending	54,461,600Shares		Year ended December	45,312,600Shares
the period (including treasury stock)	December 31, 2021		31, 2020
② Number of treasury stock at the end of	3Q for the year ending	302Shares		Year ended December	302Shares
the period		December 31, 2021		31, 2020
③ Average number of shares during the period	3Q for the year ending	51,092,869Shares		Year ended December	37,338,243Shares
(quarterly consolidated cumulative period)	December 31, 2021		31, 2020

• Quarterly financial results are not subject to quarterly review by certified public accountants or auditing firms.
• Explanations and other special notes concerning the appropriate use of business performance forecasts

(Cautionary Statement with Respect to Forward-Looking Statements)

The earnings forecasts and other forward-looking statements herein are based on information currently available to us and certain assumptions that we believe to be reasonable, and are not intended to guarantee the achievement of the forecasts. Actual results may differ materially from the forecast depending on a range of factors. Please refer to "1. Qualitative Information on Quarterly Financial Results, (1) Explanation of Operating Results" on page 2 of the attached materials for the assumptions for the forecasts and notes on the use of the forecasts.

(Method of Obtaining Supplementary Briefing Materials on Quarterly Financial Results)

Supplementary documents for quarterly financial results will be posted on our website on Tuesday, November 16, 2021.