EN-JAPAN INC. en Japan Inc.
3rd Quarter FY March 2021 Earnings Announcement [Japan GAAP] (Consolidated)
February 10, 2021
Company Name en Japan Inc. Stock Code 4849
Listing Exchanges First Section of the Tokyo Stock Exchange URLhttps://corp.en-japan.com/
Representative (Title)
President
(Name) Takatsugu Suzuki
Contact (Title)
Executive Officer and Administration Division Director
(Name)Tomoki Tamai
Telephone +81-3-3342-4506
Scheduled Date for Submission of Quarterly Report February 10, 2021 Scheduled Date to Begin Dividend Payments -
Preparation of Quarterly Summary Supplementary Explanatory Materials Yes Quarterly Earnings Briefing None
(Figures rounded down to nearest million yen)
1. FY Ending March 2021 Cumulative Third Quarter Operating Results (From April 1, 2020 to December 31, 2020)
(1) Consolidated Operating Results (cumulative)
(Percentages indicate percent change from prior fiscal year)
Net Sales | Operating Income | Ordinary Income | Profit Attributable to Owners of Parent | |
FYE 3/21 3rd Qrtr FYE 3/20 3rd Qrtr | Million yen %
41,904 20.4 | Million yen % 5,044 -38.5 8,198 -9.9 | Million yen %
| Million yen %
|
(Note) Comprehensive income
FYE 3/21 3rd Qrtr 2,828 million yen (-45.7%)FYE 3/20 3rd Qrtr 5,212 million yen (-19.4%)
EPS | Fully Diluted EPS | |
FYE 3/21 3rd Qrtr FYE 3/20 3rd Qrtr | Yen 65.83 120.17 | Yen 65.65 119.81 |
(2) Consolidated Financial Position
Total Assets | Net Assets | Net Asset Ratio | |
FYE 3/21 3rd Qrtr FYE 3/20 | Million yen 45,282 51,896 | Million yen 36,456 38,648 | % 78.8 72.8 |
(Reference)
Core capitalFYE 3/21 3rd Qrtr
35,700 million yenFYE 3/20
37,783 million yen
2. Dividends
Dividends per Share | |||||
1st Quarter-end | 2nd Quarter-end | 3rd Quarter-end | Year-end | Full Year | |
FYE 3/20 FYE 3/21 | Yen - - | Yen 0.00 0.00 | Yen - - | Yen 74.80 | Yen 74.80 |
FYE 3/21 (projected) | 39.70 | 39.70 |
(Note) Revisions to the Company's latest dividend forecast: None
3. FY Ending March 2021 Projected Consolidated Operating Results (April 1, 2020 - March 31, 2021)
(Percentages indicate percentage change from prior fiscal year)
Net Sales | Operating Income | Ordinary Income | Profit Attributable to Owners of Parent | EPS | |
Full year | Million yen 41,543 % -26.9 | Million yen 6,129 % -44.3 | Million yen 6,261 % -43.4 | Million yen 3,741 % -47.5 | Yen 83.55 |
(Note) Revisions to the Company's latest operating results projections: None
* Notes
(1) Changes in material subsidiaries during the cumulative quarter under review (Change in specific subsidiaries that will accompany a change in scope of consolidation)
No
Newly included None (Name of company) - Exclusion None (Name of company) -
(2) Adoption of special accounting treatment used in preparation of the quarterly consolidated financial statements
Yes
(3) Changes in accounting policy, changes in accounting estimates, or restatement due to correction
a. Changes in accounting policy accompanying amendment of accounting principles:
b. Changes in accounting policy other than "a."
No No
c. Changes in accounting estimates:
d. Restatement due to correction:
No No
(4) Number of shares issued (common share)
a. Number of shares issued at the end of the period (including treasury shares)
FYE 3/21 3rd Qrtr 49,716,000 shares FYE 3/20 49,716,000 shares
b. Number of shares of treasury shares at the end of the period
FYE 3/21 3rd Qrtr 4,935,049 shares FYE 3/20 4,451,919 shares
c. Average number of shares issued during the period (quarter year-to-date)
FYE 3/21 3rd Qrtr 44,793,205 shares FYE 3/20 3rd Qrtr 45,627,477 shares
* The quarterly earnings announcement is not within the scope of the quarterly review procedure by a certified public accountant or an audit corporation.
* Explanation regarding appropriate use of operating results projections, other special notes
(Points to note on future descriptions)
- Forward-looking statements including projected operating results contained in this report and supplementary materials are based on information currently available to the Company and on certain assumptions deemed as rational, and are not intended to guarantee achievements by the Company. Actual results may differ significantly from such projections due to various factors.
Attachments Table of Contents
1. Quarterly Consolidated Financial Statements and Key Notes
*The Company plans to post supplementary materials to explain financial results on its website today.
Please refer to the URL below.
https://corp.en-japan.com/IR/
1. Quarterly Consolidated Financial Statements and Key Notes
(1) Quarterly Consolidated Balance Sheets
(Unit: Million yen)
Previous Fiscal Year (As of March 31, 2020) | Third Quarter of Current Fiscal Year (As of December 31, 2020) | |
Assets Current assets Cash and deposits Notes and accounts receivable - trade Securities Other Allowance for doubtful accounts Total current assets Non-current assets Property, plant and equipment Intangible assets Goodwill Other Total intangible assets Investments and other assets Investment securities Shares of subsidiaries and associates Other Allowance for doubtful accounts Total investments and other assets Total non-current assets Total assets Liabilities Current liabilities Accounts payable - trade Income taxes payable Provision for bonuses Provision for directors' bonuses Advances received Other Total current liabilities Non-current liabilities Provision for share benefits Asset retirement obligations Other Total non-current liabilities Total liabilities Net assets Shareholders' equity Capital stock Capital surplus Retained earnings Treasury shares Total shareholders' equity Accumulated other comprehensive income Valuation difference on available-for-sale securities Foreign currency translation adjustment Total accumulated other comprehensive income Subscription rights to shares Non-controlling interests Total net assets Total liabilities and net assets | 28,081 5,736 2,047 1,372 -171 | 23,859 3,692 2,031 1,388 -137 |
37,065 | 30,833 | |
1,021 3,795 3,917 | 669 3,121 4,213 | |
7,712 | 7,334 | |
2,957 46 3,338 -246 | 3,242 37 3,468 -302 | |
6,096 | 6,444 | |
14,830 | 14,448 | |
51,896 | 45,282 | |
475 1,883 1,192 2 2,620 5,587 | 441 301 671 10 2,513 3,317 | |
11,762 | 7,255 | |
388 268 828 | 427 202 940 | |
1,485 | 1,570 | |
13,247 | 8,826 | |
1,194 1,133 39,588 -4,253 | 1,194 930 38,851 -5,243 | |
37,663 | 35,733 | |
-7 126 | 37 -70 | |
119 | -33 | |
154 | 155 | |
710 | 600 | |
38,648 | 36,456 | |
51,896 | 45,282 |
(2) Quarterly Consolidated Statements of Income and Quarterly Consolidated Statements of Comprehensive Income
Quarterly Consolidated Statements of Income
Cumulative Third Quarter
(Unit: Million yen)
Cumulative Third Quarter of the Previous Fiscal Year (From April 1, 2019 to December 31, 2019) | Cumulative Third Quarter of the Current Fiscal Year (From April 1, 2020 to December 31, 2020) | |
Net sales Cost of sales Gross profit Selling, general and administrative expenses Operating income Non-operating income Interest income Dividend income Subsidy for employment adjustment Other Total non-operating income Non-operating expenses Interest expenses Loss on investments in partnership Foreign exchange losses Provision of allowance for doubtful accounts Other Total non-operating expenses Ordinary income Extraordinary income Gain on sales of non-current assets Gain on sales of shares of subsidiaries and associates Total extraordinary income Extraordinary losses Impairment loss Loss on retirement of non-current assets Loss on valuation of investment securities Loss on valuation of shares of subsidiaries and associates Loss on sales of shares of subsidiaries and associates Total extraordinary losses Profit before income taxes Income taxes-current Total income taxes Profit Profit attributable to non-controlling interests Profit attributable to owners of parent | 41,904 7,780 | 31,116 6,402 |
34,123 | 24,714 | |
25,924 | 19,669 | |
8,198 | 5,044 | |
46 10 - 28 | 73 10 50 47 | |
84 | 181 | |
17 20 12 40 16 | 0 16 38 7 11 | |
106 | 75 | |
8,176 | 5,150 | |
23 - | 1 19 | |
23 | 21 | |
- 0 56 9 - | 459 40 204 10 15 | |
66 | 730 | |
8,133 | 4,441 | |
2,525 | 1,457 | |
2,525 | 1,457 | |
5,608 | 2,984 | |
125 | 35 | |
5,483 | 2,948 |
Quarterly Consolidated Statements of Comprehensive Income
Cumulative Third Quarter
(Unit: Million yen)
Cumulative Third Quarter of the Previous Fiscal Year (From April 1, 2019 to December 31, 2019) | Cumulative Third Quarter of the Current Fiscal Year (From April 1, 2020 to December 31, 2020) | |
Profit Other comprehensive income Valuation difference on available-for-sale securities Foreign currency translation adjustment Total other comprehensive income Comprehensive income (Break down) Comprehensive income attributable to owners of parent Comprehensive income attributable to non-controlling interests | 5,608 -142 -252 | 2,984 45 -201 |
-395 | -156 | |
5,212 | 2,828 | |
5,106 106 | 2,796 32 |
(3) Notes Regarding Quarterly Consolidated Financial Statements
(Notes Relating to the Going Concern Assumption)
There are no pertinent items.
(Notes on Significant Changes to Shareholders' Equity)
en Japan adopted a resolution on matters related to acquiring treasury shares based on a written resolution in lieu of the resolution of the Board of Directors on March 25, 2020 and the provision of Article 156 of the Companies Act to be applied mutatis mutandis pursuant to the provision of Article 165, Paragraph 3 of the said Act, and accordingly acquired 496,200 common shares. As a result, treasury shares increased by ¥1,000 million at the end of the third quarter of the current fiscal year.
(Adoption of Special Accounting Treatment Used in Preparation of the Quarterly Consolidated Financial Statements)
(Calculation of tax expenses)
The Company calculates tax expenses by rationally estimating the effective tax rate after applying tax effect accounting on profit before income taxes on a consolidated basis for the fiscal year including the third quarter of the period. It then multiplies the estimated effective tax rate by profit before income taxes for the quarter.
Note, however, that if calculating tax expenses using the estimated effective tax rate produces a result which significantly lacks reasonableness, the Company adopts the statutory tax rate.
(Segment Information)
[Segment Information]
I Cumulative third quarter of the previous fiscal year (from April 1, 2019 to December 31, 2019) Description is omitted since en Japan group is formed under a single segment.
II Cumulative third quarter of the fiscal year under review (from April 1, 2020 to December 31, 2020)
Description is omitted since en Japan group is formed under a single segment.
(Additional Information)
Cumulative third quarter of the fiscal year ending March 31, 2021
(from April 1, 2020 to December 31, 2020)
There has been no critical change about the assumptions including the outlook for the spread of COVID-19 and the time when it will end, which were described in the Annual Securities Report for the previous fiscal year in the "Additional Information: Accounting estimate under the COVID-19 outbreak."
Attachments
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Disclaimer
En-Japan Inc. published this content on 01 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 March 2021 02:31:00 UTC.
