(Summery Translation)

Consolidated Financial Results for the First Half of Fiscal Year Ending March 31, 2020 (Six Months Ended September 30, 2019) (Based on J-GAAP)

October 30, 2019

Company name:

T-Gaia Corp.

Listing:

Tokyo Stock Exchange, First Section

Stock code:

3738

URL:

https://www.t-gaia.co.jp/

Representative:

Nobutaka Kanaji, President & CEO

Contact:

Tomoyuki Shioya, Managing Officer & General Manager of Corporate Planning & Strategy Dept.

Tel: +81-3-6409-1010

Scheduled date of filing Securities Report: October 31, 2019

Scheduled commencement date of dividend payout: December 3, 2019

Financial results supplementary explanatory documents: Yes

Financial results presentation: Yes (for investment institutes and analysists)

(All amounts are rounded down to the nearest million yen)

1. Consolidated Financial Results for the First Half of Fiscal Year Ending March 31, 2020 (April 1, 2019 -September 30, 2019)

(1) Consolidated results of operations (six months)

(Percentages represent year-over-year changes)

Net sales

Operating profit

Ordinary profit

Profit attributable to

owners of parent

Million yen

%

Million yen

%

Million yen

%

Million yen

%

1H FY 2020

244,549

2.0

6,965

1.3

10,389

1.8

6,992

1.6

1H FY 2019

239,795

(3.7)

6,873

15.6

10,205

70.1

6,885

76.5

(Note) Comprehensive income (million yen):

1H FY 2020: 6,959 (1.0%)

1H FY 2019: 6,893 80.8%

Earnings per share

Diluted earnings

per share

Yen

Yen

1H FY 2020

125.48

-

1H FY 2019

123.56

-

(2) Consolidated financial position

Total assets

Net assets

Equity ratio

Million yen

Million yen

%

1H FY 2020

172,174

51,560

29.9

FY 2019

178,994

46,745

26.1

Reference: Shareholders' equity (million yen): 1H FY 2020: 51,548

FY 2019: 46,730

2. Dividends

Annual dividends

1Q-end

Interim

3Q-end

Year-end

Annual

Yen

Yen

Yen

Yen

Yen

FY 2019

-

36.50

-

38.50

75.00

FY 2020

-

37.50

FY 2020

-

37.50

75.00

(forecasts)

Note: Revisions to the dividend forecast in the current quarter: None

3. Consolidated forecasts for the Fiscal Year Ending March 31, 2020 (April 1, 2019 - March 31, 2020)

(Percentages represent year-over-year changes)

Net sales

Operating profit

Ordinary profit

Profit attributable to

Earnings per

owners of parent

share

Million yen

%

Million yen

%

Million yen

%

Million yen

%

Yen

Full year

432,000

(18.0)

13,100

(14.8)

18,500

(10.2)

12,400

(10.4)

222.51

Note: Revisions to the financial forecast in the current quarter: None

Notes

  1. Changes in significant subsidiaries during the consolidated period (six months) under review (changes in subsidiaries accompanying change in the scope of consolidation): None
  2. Changes in accounting procedures specific to creation of quarterly consolidated financial statements: None
  3. Changes in accounting principles, estimates and restatement
    1. Changes in accounting principles caused by revision of accounting standards: None
    2. Changes in accounting principles other than those mentioned above: None
    3. Changes in accounting estimates: None
    4. Restatement: None
  4. Number of shares issued and outstanding (shares of common stock)
  1. Number of shares outstanding (including treasury stock) at end of period
  2. Number of treasury stock at end of period
  3. Average number of shares outstanding during the period (six months)

1H

FY2020

56,074,000 shares

FY 2019

79,074,000 shares

1H

FY 2020

341,827 shares

FY 2019

23,345,828 shares

1H

FY 2020

55,729,811 shares

1H FY 2019

55,728,192 shares

  • The summary of business results is not subject to audit.
  • Cautionary statement with respect to forward-looking statements
    (Disclaimer on forward-looking statements)
    These materials contain forward-looking information including earnings projections based on information currently available to the Company and certain assumptions considered reasonable in the judgment of the Company. Nothing contained in these materials is meant to suggest that the Company promises to attain the said projections. Moreover, due to various factors, actual results may materially differ from projections.

(Concerning financial results supplementary explanatory documents and financial results presentation)

Financial results supplementary explanatory documents will be posted in Japanese on November 6, 2019, after the financial results presentation for investment institutes and analysists.

  • English version of Financial results supplementary explanatory documents will be posted on the English site for Investors of T-Gaia Corporation within days.
  • English Account title is based on Account List available at website of Financial Service Agency.

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T-Gaia Corporation published this content on 30 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 October 2019 08:11:07 UTC