Atrae : Summary of Financial Results for the 3rd Quarter of Fiscal Year Ending September 30, 2020

Summary Report on Financial Results

for the Third Quarter of Fiscal Year Ending September 30, 2020〔Japanese GAAP〕

(non consolidated)

August 12, 2020

Company Name:	Atrae,Inc.
Listed Stock Exchange:	Tokyo
Stock Code:	6194 (URL: http://atrae.co.jp)
Representative:	Yoshihide Arai, President and CEO
Contact:	Hidekazu Suzuki, Director CFO
Phone:	[phone]

Scheduled date for filing the quarterly report: August 12, 2020

Scheduled date for commencement of dividend payment: -

Supplementary material development: Yes

Financial result meeting: Yes (for institutional investors and analysts)

(Amounts less than one million yen are rounded down)

1. Financial results for the Third quarter of fiscal year ending September 30, 2020 (October 1, 2019-June 30, 2020)

(1) Operating results (cumulative)

(% represents increases or decreases from the previous year)

		Sales				Operating profit	Ordinary profit		Net income
		Million yen	%		Million yen	%	Million yen	%	Million yen	%
Nine months ended		2,628	14.5			568	(12.3)	570		(12.1)				326	(27.2)
June 30, 2020
Nine months ended		2,296	38.7			648	21.8	649		29.8				448	29.5
June 30, 2019
		Earnings per share	Diluted earnings per share
						yen			yen
Nine months ended					24.57			24.33
June 30, 2020
Nine months ended					34.04			33.45
June 30, 2019
(2) Financial Position
		Total assets				Net assets			Equity ratio
				Million yen			Million yen							%
As of June 30, 2020					4,783			4,282							89.5
As of September 30, 2019					4,583			3,907							85.2
Reference: Shareholder's equity	June 30, 2020: 4,282million yen	September 30, 2019: 3,907million yen
2. Dividends
								Annual Dividends per share
				1Q-end	2Q-end	3Q-end	Year-end		Annual
						yen		yen	yen		yen			yen
Year ended September 30, 2019				-		0.00	-			0.00				0.00
Year ending September 30, 2020			-		0.00	-
Year ending September 30, 2020 (forecast)										0.00			0.00
Note: Revisions to recent dividend forecast: None

3. Guidance of financial results for the fiscal year ending September 30, 2020 (October 1, 2019-September 30, 2020)

(% represents increase or decrease from the previous year)

	Sales		Operating profit	Ordinary profit	Net income	Profit per share
	Million yen	%	Million yen	%	Million yen	%	Million yen	%	yen
Full-year	3,300	2.2	670	(5.7)	660	(7.5)	380	(24.4)	28.60

Notes: 1．Revisions to recent business guidance: Yes

2．For revisions to the financial forecast for the fiscal year ending September 30, 2020, please refer to the "Notice regarding the revision of financial forecast for the fiscal year ending September 30, 2020" released today (August 12, 2020).

*Notes:

1. Adoption of specific accounting treatments to the preparation of quarterly financial statements: Applicable
2. Changes in accounting policies, accounting projections and restatement
3. 1. Changes in accounting policies associated with revision of accounting standards: None
   2. Changes other than (i) above: None
   3. Changes in accounting projections: None
   4. Restatement: None
4. Number of outstanding shares (common shares)

(i) Number of outstanding shares at the end of the period (including treasury shares)

As of June 30, 2020	13,308,600 shares	As of September 30, 2019	13,277,600 shares
(ii) Number of shares of treasury shares at the end of the period
As of June 30, 2020	8,566 shares	As of September 30, 2019	6,211 shares
(iii)Average number of shares during the period (accumulated quarter)
Nine months ended June 30, 2020	13,281,550 shares	Nine months ended June 30, 2019	13,161,804 shares

• This quarterly report of financial results is out of scope from quarterly review procedures conducted by independent auditors.
• Explanation about the appropriate use of the guidance of financial results, and other noteworthy matters
  The projections and other statements with respect to the future included in this material are based on currently available information and certain assumptions that are judged reasonable by the Company. Please be advised that the Company does not guarantee in any way the achievement of the projections and other goals in this material and that cases may occur where the actual results and other situations differ materially from the projections due to various factors.
• On August 12, 2020 (JST), the Company will hold a financial result meeting for institutional investors and analysts. Financial results explanatory material will also be posted on the website (URL: http://atrae.co.jp).