Takebishi : Delayed]Summary of Consolidated Financial Results for the Three Months Ended June 30, 2022 (Based on Japanese GAAP)(504KB)

July 29, 2022

Company name:

TAKEBISHI CORPORATION

Stock exchange listing:

Tokyo

Stock code:

7510

URL

https://www.takebishi.co.jp

Representative:

Representative Director & President

Isamu Ogura

Inquiries:

Director & Executive Officer

Takeshi Ohi

TEL 075-325-2118

Business Strategy Office

Scheduled date to file Quarterly Securities Report:

August 5, 2022

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, 2022 (from April 1, 2022 to June 30, 2022)

(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, 2022

22,594

32.7

752

13.1

820

8.9

543

9.5

Three months ended June 30, 2021

17,026

17.4

665

27.8

753

28.6

496

27.0

Earnings per share

Diluted earnings per share

Yen

Yen

Three months ended June 30, 2022

34.08

-

Three months ended June 30, 2021

33.76

-

(2) Consolidated financial position

Total assets

Net assets

Equity ratio

Millions of yen

Millions of yen

%

As of June 30, 2022

59,262

33,516

56.5

As of March 31, 2022

59,150

33,178

56.1

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, 2022

-

26.00

-

26.00

52.00

Year ending March 31, 2023

-

Year ending March 31, 2023 (Forecast)

27.00

-

27.00

54.00

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

Six months ending

43,100

16.8

1,570

6.1

1,630

3.4

1,040

1.6

65.16

September 30, 2022

Full year

89,500

9.7

3,290

8.9

3,400

7.3

2,200

5.1

137.84

4. Notes

(1)

Changes in significant subsidiaries during the three months ended June 30, 2022

No

(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

(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, 2022

15,961,000 shares

As of March 31, 2022

15,961,000

shares

Number of treasury shares at the end of the period

As of June 30, 2022

945 shares

As of March 31, 2022

935 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)

Three months ended June 30, 2022

15,960,062 shares

Three months ended June 30, 2021

14,714,665

shares

(Millions of yen)

As of March 31, 2022

As of June 30, 2022

Assets

Current assets

Cash and deposits

6,044

4,903

Notes and accounts receivable - trade, and contract assets

23,789

23,216

Electronically recorded monetary claims - operating

5,135

5,194

Securities

10

9

Merchandise

8,461

10,540

Work in process

20

49

Other

1,677

1,756

Allowance for doubtful accounts

(104)

(89)

Total current assets

45,035

45,580

Non-current assets

Property, plant and equipment

Buildings and structures, net

1,928

1,938

Land

2,105

2,105

Other, net

141

145

Total property, plant and equipment

4,175

4,189

Intangible assets

Software

87

92

Goodwill

1,469

1,376

Customer related assets

1,111

1,067

Other

25

20

Total intangible assets

2,693

2,556

Investments and other assets

Investment securities

5,777

5,494

Deferred tax assets

192

184

Other

1,287

1,268

Allowance for doubtful accounts

(12)

(12)

Total investments and other assets

7,245

6,935

Total non-current assets

14,114

13,681

Total assets

59,150

59,262

(Millions of yen)

As of March 31, 2022

As of June 30, 2022

Liabilities

Current liabilities

Notes and accounts payable - trade

17,160

16,429

Electronically recorded obligations - operating

1,082

1,768

Short-term borrowings

2,765

3,749

Current portion of long-term borrowings

100

-

Accounts payable - other

1,239

710

Income taxes payable

771

268

Provision for bonuses

770

373

Provision for bonuses for directors (and other officers)

-

43

Other

499

715

Total current liabilities

24,389

24,059

Non-current liabilities

Long-term borrowings

-

100

Long-term accounts payable - other

112

49

Deferred tax liabilities

1,146

1,209

Deferred tax liabilities for land revaluation

5

5

Provision for retirement benefits for directors (and other

35

37

officers)

Retirement benefit liability

210

211

Asset retirement obligations

25

26

Other

46

47

Total non-current liabilities

1,583

1,686

Total liabilities

25,972

25,746

Net assets

Shareholders' equity

Share capital

3,384

3,384

Capital surplus

4,058

4,058

Retained earnings

23,733

23,862

Treasury shares

(0)

(0)

Total shareholders' equity

31,176

31,305

Accumulated other comprehensive income

Valuation difference on available-for-sale securities

2,661

2,463

Revaluation reserve for land

(1,140)

(1,140)

Foreign currency translation adjustment

343

757

Remeasurements of defined benefit plans

125

121

Total accumulated other comprehensive income

1,990

2,200

Non-controlling interests

10

9

Total net assets

33,178

33,516

Total liabilities and net assets

59,150

59,262

(Millions of yen)

Three months ended

Three months ended

June 30, 2021

June 30, 2022

Net sales

17,026

22,594

Cost of sales

14,401

19,472

Gross profit

2,625

3,122

Selling, general and administrative expenses

1,959

2,369

Operating profit

665

752

Non-operating income

Interest income

1

1

Dividend income

44

58

Purchase discounts

3

3

Rental income

14

13

Foreign exchange gains

26

-

Other

7

22

Total non-operating income

96

100

Non-operating expenses

Interest expenses

1

4

Rental costs

7

5

Foreign exchange losses

-

20

Other

0

0

Total non-operating expenses

8

32

Ordinary profit

753

820

Extraordinary losses

Loss on retirement of non-current assets

0

6

Total extraordinary losses

0

6

Profit before income taxes

753

814

Income taxes - current

91

110

Income taxes - deferred

165

160

Total income taxes

256

271

Profit

496

543

Loss attributable to non-controlling interests

-

(0)

Profit attributable to owners of parent

496

543