ALBERT : Notice of Difference Forecast and Financial Results for the FY12/21 and Accounting of Income Taxes

February 15, 2022

ALBERT Inc.

(Stock code: 3906) 2-21-1,Kita-Shinjuku,Shinjuku-ku, Tokyo Takeshi Matsumoto, President

Notice of Difference Forecast and Financial Results for the FY12/21

and Accounting of Income Taxes

ALBERT Inc. (hereafter "ALBERT") announced that there is a difference forecast and the results for the FY12/21 as below.

1. THE DIFFERENCE BETWEEN THE FORECAST AND RESULTS FOR THE FY12/21

			Net Sales		Operating		Ordinary	Profit		Basic earnings
				Profit		Profit		per share
			Million JPY	Million JPY	Million JPY	Million JPY	JPY
	Forecast (A)	3,380	404	404	267	60.41
	(Announced on Feb. 15, 2021)
	Results (B)		3,338		436		435		353		79.60
	(Announced on Feb. 15, 2022)
	Amount Change (B-A)	-41	32	31	86	-
	Change (%)		-1.2		8.1		7.8		32.5		-
	(Reference)	2,703	250	272	146	33.06
	Results of FY12/20

2. THE REASON FOR THE DIFFERENCE

Our business is growing by expanding transactions with existing clients including alliance partners in priority industries. It is also expanding AI system implementation support, which is expected to continue to transaction and data scientist training support. As a result, sales and profit recorded record-high level in the FY12/21. In this situation, net sales, operating profit and ordinary profit are same level or slightly higher than the forecast, and profit exceeded the forecast due to accounting of deferred tax assets.

3. ACCOUNTING OF INCOME TAXES

After careful consideration of the possibility of recovering deferred tax assets, deferred tax assets accounted for the portion that is recoverable. Therefore, income taxes accounted -70 million JPY in the FY12/21.

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