CYBERLINKS CO., LTD. Consolidated Financial Results for the Fiscal Year ended December 31, 2021
[Japanese GAAP]
February 14, 2022
Company name: | Cyberlinks Co., Ltd. |
Listing: | Tokyo Stock Exchange, First Section |
Code number: | 3683 |
URL: | https://www.cyber-l.co.jp/ |
Representative: | Tsuneo Murakami |
President | |
Contact: | Takayuki Torii, General Administration Manager |
Tel: +81-(0)50-3500-2797 |
Scheduled date of Ordinary General Meeting of Shareholders: | March 29, 2022 |
Scheduled date of filing of Annual Report: | March 30, 2022 |
Scheduled date of dividend payment | March 30, 2022 |
Preparation of supplementary materials for annual financial | Yes |
results: | |
Holding of annual financial results meeting: | Yes |
(for institutional investors and analysts) |
(Amounts of less than one million yen are rounded down.)
1. Consolidated Financial Results for the Fiscal Year Ended December 31, 2021（January 1, 2021 to December 31, 2021）
(1) Consolidated Operating Results (cumulative)
(Percentages indicate rates of year-on-year change)
Net sales
Operating profitOrdinary profit
Profit attributable to owners of parent
Fiscal year ended
December 31, 2021
December 31, 2020
Million yen 13,241 12,777
Million yen 945 924
% 3.6 22.3
% 2.2 105.5
Million yen 958 951
% 0.7 106.4
Million yen 645 644
% 0.1 130.0
(Note) Comprehensive income: For the Year ended December 31, 2021: ¥645 million (up 0.1% year on year)
For the Year ended December 31, 2020: ¥644 million (up 130.0% year on year)
Basic earnings per share | Diluted earnings per share | Return on equity | Ratio of ordinary profit to total assets | Ratio of operating profit to net sales | |
Fiscal year ended December 31, 2021 December 31, 2020 | Yen 62.55 62.43 | Yen 61.05 60.91 | % 12.5 13.7 | % 9.7 9.7 | % 7.1 7.2 |
Ratio of operating
(Note) The Company conducted a 2-for-1 stock split of common stock on January 1, 2021. Basic earnings per share and diluted earnings per share are calculated based on the assumption that the stock split was conducted at the beginning of the previous fiscal year.
(2) Consolidated Financial Position
Total assets | Net assets | Equity ratio | Net assets per share | |
As of December 31, 2021 As of December 31, 2020 | Million yen 9,682 10,053 | Million yen 5,418 5,047 | % 55.1 49.5 | Yen 516.32 482.28 |
(Reference) Shareholders' equity: As of December 31, 2021: ¥5,340 million As of December 31, 2020: ¥4,978 million
(Note) The Company conducted a 2-for-1 stock split of common stock on January 1, 2021. Net assets per share is calculated based on the assumption that the stock split was conducted at the beginning of the previous fiscal year.
(3) Consolidated Cash Flows
Cash flows from operating activities | Cash flows from investing activities | Cash flows from financing activities | Cash and cash equivalents at end of period | |
Fiscal year ended December 31, 2021 December 31, 2020 | Million yen 1,964 740 | Million yen (685) 333 | Million yen (591) (595) | Million yen 2,552 1,863 |
2. Dividends
Annual dividends | Total cash dividends (Total) | Payout ratio (consolidated) | Ratio of dividends to net assets (consolidated) | |||||
1st quarter-end | 2nd quarter-end | 3rd quarter-end | Year-end | Total | ||||
Fiscal year ended December 31, 2020 Fiscal year ended December 31, 2021 | Yen － － | Yen 0.00 0.00 | Yen － － | Yen 20.00 12.00 | Yen 20.00 12.00 | Million yen 103 124 | % 16.0 19.2 | % 2.2 2.4 |
Fiscal year ending December 31, 2022 (Forecast) | － | 0.00 | － | 13.00 | 13.00 | － |
(Note) The Company conducted a 2-for-1 stock split of common stock on January 1, 2021, and the actual dividend amount prior to the stock split is shown for the fiscal year ended December 31, 2020.
3. Consolidated Financial Results Forecast for the Fiscal Year Ending December 31, 2022 (January 1, 2022 to December 31, 2022)
(Percentages indicate rates of year-on-year change)
Net sales | Operating profit | Ordinary profit | Profit attributable to owners of parent | Basic earnings per share | |||||
First-half Full-year | Million yen 6,428 13,267 | % (6.3) 0.2 | Million yen 592 1,043 | % 2.3 10.4 | Million yen 592 1,046 | % 1.5 9.1 | Million yen 380 670 | % (6.4) 3.8 | Yen 36.74 64.78 |
Notes:
(1) Changes in specific subsidiaries during the period (changes in specified subsidiaries resulting in a change in the scope of consolidation): None
(2) Changes in accounting policies, changes in accounting estimates, and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards: None
2) Changes in accounting policies other than 1): None
3) Changes in accounting estimates: None
4) Retrospective restatement: None
(3) Total number of issued shares (common stock)
1) Total number of issued shares at the end of the period (including treasury shares):
December 31, 2021: 10,557,972 shares
December 31, 2020: 10,342,772 shares
2) Total number of treasury shares at the end of the period: December 31, 2021: 215,420 shares
December 31, 2020: 19,120 shares
3) Average number of shares outstanding during the period: Fiscal year ended December 31, 2021: 10,315,961 shares Fiscal year ended December 31, 2020: 10,327,007 shares
(Note) The Company conducted a 2-for-1 stock split of common stock on January 1, 2021. The total number of issued shares at the end of the period (including treasury shares), the total number of treasury shares at the end of the period, and the average number of outstanding shares during the period are calculated on the assumption that the said stock split was conducted at the beginning of the previous fiscal year.
[Reference]Overview of non-consolidated financial results
1. Non-Consolidated Financial Results for the Fiscal Year Ended December 31, 2021（January 1, 2021 to December 31, 2021）
(1) Non-Consolidated Operating Results (cumulative)
(Percentages indicate rates of year-on-year change)
Net sales | Profit | |||||||
Fiscal year ended | Million yen | % | % | % | Million yen | % | ||
December 31, 2021 | 10,381 | 0.6 | 875 | 3.6 | 890 | (52.1) | 598 | (61.9) |
December 31, 2020 | 10,321 | (1.2) | 844 | 86.9 | 1,858 | 301.3 | 1,569 | 455.4 |
Million yen
Operating profitOrdinary profit
Million yen
Basic earnings per share | Diluted earnings per share | |
Fiscal year ended December 31, 2021 December 31, 2020 | Yen 58.02 151.91 | Yen 56.63 148.23 |
(Note) The Company conducted a 2-for-1 stock split of common stock on January 1, 2021. Basic earnings per share and diluted earnings per share are calculated based on the assumption that the stock split was conducted at the beginning of the previous fiscal year.
(Note) Ordinary profit and profit for the fiscal year ended December 31, 2020 include dividends of 1,000,000 thousand yen from consolidated subsidiaries.
(2) Non-Consolidated Financial Position
Total assets | Net assets | Equity ratio | Net assets per share | |
As of December 31, 2021 As of December 31, 2020 | Million yen 10,140 10,293 | Million yen 6,298 5,974 | % 61.3 57.4 | Yen 601.42 572.07 |
(Reference) Shareholders' equity: As of December 31, 2021: ¥6,220 million As of December 31, 2020: ¥5,905million
(Note) The Company conducted a 2-for-1 stock split of common stock on January 1, 2021. Net assets per share is calculated based on the assumption that the stock split was conducted at the beginning of the previous fiscal year.
* The financial statements are outside the scope of quarterly reviews by certified public accountants and auditing firms.
* Explanation of the proper use of financial results forecast and other notes
Disclaimer regarding forward-looking statements
The forward-looking statements, including financial results forecasts, contained in this document are based on information currently available to the Company and on certain assumptions deemed to be reasonable.
Consolidated Financial Statements and Primary Notes (1) Consolidated Balance Sheet
(Thousands of yen)
Assets | ||
Current assets | ||
Cash and deposits | 1,863,331 | 2,552,640 |
Notes and accounts receivable - trade | 2,935,110 | 2,306,174 |
Lease receivables and investments in leases | 411,407 | 318,953 |
Merchandise and finished goods | 134,624 | 85,783 |
Work in process | 649,241 | 384,960 |
Raw materials and supplies | 4,254 | 9,701 |
Other | 415,724 | 239,115 |
Allowance for doubtful accounts | (2,456) | (1,287) |
Total current assets | 6,411,237 | 5,896,041 |
Non-current assets | ||
Property, plant and equipment | ||
Buildings and structures | 2,209,916 | 2,369,105 |
Accumulated depreciation | (1,466,444) | (1,480,482) |
Buildings and structures, net | 743,472 | 888,623 |
Land | 1,399,470 | 1,399,470 |
Construction in progress | 114,794 | 55,644 |
Other | 1,723,526 | 1,945,992 |
Other, net | 277,711 | 399,708 |
Intangible assets |
Total intangible assets 614,619 | 495,436 |
Total investments and other assets 492,394 | 547,954 |
As of December 31, 2020 | As of December 31, 2021 | |
Accumulated depreciation | (1,445,814) | (1,546,284) |
Total property, plant and equipment | 2,535,449 | 2,743,446 |
Software | 556,685 | 374,971 |
Software in progress | 57,879 | 120,455 |
Other | 53 | 9 |
Investments and other assets | ||
Investment securities | 19,000 | 19,000 |
Deferred tax assets | 228,249 | 284,631 |
Other | 247,274 | 246,399 |
Allowance for doubtful accounts | (2,129) | (2,076) |
Total non-current assets | 3,642,463 | 3,786,837 |
Total assets | 10,053,700 | 9,682,879 |
(Thousands of yen)
Liabilities | ||
Current liabilities | ||
Accounts payable - trade | 744,281 | 655,612 |
Current portion of long-term borrowings | 304,200 | 304,200 |
Other 1,344,754 | 881,485 |
Non-current liabilities |
Other 204,635 | 209,398 |
Total liabilities 5,006,027 | 4,264,169 |
Treasury shares (11,616) | (311,505) |
Share acquisition rights 68,702 | 78,631 |
As of December 31, 2020 | As of December 31, 2021 | |
Lease obligations | 2,291 | 2,362 |
Income taxes payable | 178,841 | 347,313 |
Asset retirement obligations | 6,223 | 6,225 |
Provision for bonuses | 38,792 | 39,874 |
Provision for loss on order received | 62,354 | 3,233 |
Total current liabilities | 2,681,740 | 2,240,308 |
Long-term borrowings | 2,079,906 | 1,775,706 |
Lease obligations | 8,162 | 5,800 |
Asset retirement obligations | 31,583 | 32,955 |
Total non-current liabilities | 2,324,287 | 2,023,860 |
Net assets | ||
Shareholders' equity | ||
Share capital | 792,324 | 851,807 |
Capital surplus | 1,244,058 | 1,303,541 |
Retained earnings | 2,954,205 | 3,496,235 |
Total shareholders' equity | 4,978,971 | 5,340,078 |
Total net assets | 5,047,673 | 5,418,710 |
Total liabilities and net assets | 10,053,700 | 9,682,879 |
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Cyberlinks Co. Ltd. published this content on 25 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 March 2022 09:55:04 UTC.
