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 Six Months Ended September 30, 2021

(Based on Japanese GAAP)

November 5, 2021

Company name:

YAMADA Consulting Group Co.,Ltd.

Stock exchange listing:

Tokyo

Stock code:

4792

URL https://www.yamada-cg.co.jp

Representative:

President

Keisaku Masuda

Inquiries:

Director and General Manager of

Hideji Shuto

TEL 03-6212-2500

Administration Department

Scheduled date to file Quarterly Securities Report:

November 12, 2021

Scheduled date to commence dividend payments:

December 6, 2021

Preparation of supplementary material on quarterly financial results:

Yes

Holding of quarterly financial results meeting:

Yes

(for institutional investors and analysts)

(Amounts less than one million yen are rounded down)

1. Consolidated financial results for the six months ended September 30, 2021 (from April 1, 2021 to September 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

%

Six months ended September 30, 2021

5,855

4.2

528

116.1

532

141.5

334

-

Six months ended September 30, 2020

5,618

(10.8)

244

(73.3)

220

(75.3)

(44)

-

Earnings per share

Diluted earnings per share

Yen

Yen

Six months ended September 30, 2021

17.61

-

Six months ended September 30, 2020

(2.35)

-

(2) Consolidated financial position

Total assets

Net assets

Equity ratio

Millions of yen

Millions of yen

%

As of September 30, 2021

16,112

12,661

77.6

As of March 31, 2021

16,892

12,733

74.4

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

-

15.00

-

22.00

37.00

Year ending March 31, 2022

-

18.00

Year ending March 31, 2022 (Forecast)

-

19.00

37.00

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

14,100

(7.9)

2,100

(6.7)

2,100

(9.5)

1,400

0.4

73.64

1

4. Notes

  1. Changes in significant subsidiaries during the six months ended September 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:

Yes

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 September 30, 2021

19,896,000

shares

As of March 31, 2021

19,896,000

shares

Number of treasury shares at the end of the period

As of September 30, 2021

882,189

shares

As of March 31, 2021

895,090

shares

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

Six months ended September 30, 2021

19,005,563

shares

Six months ended September 30, 2020

19,000,069

shares

2

Quarterly consolidated financial statements

Consolidated balance sheets

(Thousands of yen)

As of March 31, 2021

As of September 30, 2021

Assets

Current assets

Cash and deposits

10,391,915

8,479,799

Notes and accounts receivable - trade

1,164,854

970,986

Operational investment securities

2,194,889

3,694,925

Merchandise and finished goods

100,935

110,057

Raw materials and supplies

116

116

Other

432,609

369,834

Allowance for doubtful accounts

(44,923)

(45,118)

Total current assets

14,240,397

13,580,599

Non-current assets

Property, plant and equipment

450,478

423,904

Intangible assets

Goodwill

514

457

Other

157,458

137,463

Total intangible assets

157,972

137,920

Investments and other assets

Investment securities

687,960

702,527

Leasehold and guarantee deposits

643,902

658,963

Deferred tax assets

225,213

139,763

Other

486,766

468,665

Total investments and other assets

2,043,843

1,969,920

Total non-current assets

2,652,294

2,531,745

Total assets

16,892,691

16,112,345

Liabilities

Current liabilities

Notes and accounts payable - trade

269,725

207,702

Short-term borrowings

2,000,000

2,000,000

Income taxes payable

503,980

241,452

Provision for bonuses

130,540

137,170

Other

1,175,377

781,448

Total current liabilities

4,079,624

3,367,774

Non-current liabilities

Deferred tax liabilities

12,082

16,496

Other

67,931

66,226

Total non-current liabilities

80,014

82,722

Total liabilities

4,159,638

3,450,497

3

(Thousands of yen)

As of March 31, 2021

As of September 30, 2021

Net assets

Shareholders' equity

Share capital

1,599,538

1,599,538

Capital surplus

1,526,001

1,533,907

Retained earnings

9,944,451

9,861,249

Treasury shares

(523,772)

(516,223)

Total shareholders' equity

12,546,218

12,478,471

Accumulated other comprehensive income

Valuation difference on available-for-sale securities

19,211

12,736

Foreign currency translation adjustment

12,330

12,161

Total accumulated other comprehensive income

31,542

24,898

Share acquisition rights

30,919

33,891

Non-controlling interests

124,372

124,586

Total net assets

12,733,052

12,661,848

Total liabilities and net assets

16,892,691

16,112,345

4

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

Consolidated statements of income (cumulative)

(Thousands of yen)

Six months ended

Six months ended

September 30, 2020

September 30, 2021

Net sales

5,618,293

5,855,579

Cost of sales

884,886

661,710

Gross profit

4,733,407

5,193,869

Selling, general and administrative expenses

4,488,941

4,665,459

Operating profit

244,466

528,410

Non-operating income

Interest income

8,951

9,589

Foreign exchange gains

-

9,105

Subsidy income

10,122

2,247

Other

8,613

2,432

Total non-operating income

27,687

23,374

Non-operating expenses

Interest expenses

2,583

3,328

Loss on investments in investment partnerships

5,142

2,191

Foreign exchange losses

14,059

-

Commission expenses

12,030

11,833

Other

17,715

1,451

Total non-operating expenses

51,530

18,805

Ordinary profit

220,623

532,979

Extraordinary losses

Loss on retirement of non-current assets

2,179

-

Special executive bonuses

300,000

-

Total extraordinary losses

302,179

-

Profit (loss) before income taxes

(81,556)

532,979

Income taxes - current

74,446

87,603

Income taxes - deferred

(102,090)

96,658

Total income taxes

(27,643)

184,262

Profit (loss)

(53,912)

348,717

Profit (loss) attributable to non-controlling interests

(9,094)

13,899

Profit (loss) attributable to owners of parent

(44,818)

334,817

5

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Yamada Consulting Group Co. Ltd. published this content on 08 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 November 2021 05:17:08 UTC.