Summary of consolidated Financial Results
for the First Quarter of the Fiscal Year Ending March 31, 2022
[Japan GAAP]
Prepared in accordance with accounting principles generally accepted in Japan
Translated from the original Japanese-language document
August 5, 2021
Daifuku Co., Ltd.
Stock code: 6383, First Section of Tokyo Stock Exchange
URL:www.daifuku.com/jp
Representative: Hiroshi Geshiro, President and CEO
Contact: Tetsuya Hibi, Corporate Officer, Finance and Accounting Division Manager Tel: +81-6-6472-1261
Scheduled date for filing quarterly financial report: August 6, 2021
Scheduled date of commencing dividend payment: -
Quarterly earnings supplementary materials: Yes
Quarterly earnings presentation: Yes (for institutional investors and securities analysts)
Note: Figures are rounded down to the nearest one million yen.
1. Consolidated Financial Results for the First Quarter of Fiscal 2021 (April 1, 2021 - June 30, 2021)
(1) Operating results
(Figures in percentages denote the year-on-year change)
Net income | ||||||||
Net sales | Operating income | Ordinary income | attributable to | |||||
shareholders of the | ||||||||
parent company | ||||||||
Million yen | % | Million yen | % | Million yen | % | Million yen | % | |
First quarter of fiscal 2021 | 120,220 | 5.5 | 10,517 | 16.5 | 10,856 | 9.9 | 7,726 | 4.5 |
First quarter of fiscal 2020 | 113,968 | 18.5 | 9,025 | 40.5 | 9,877 | 50.8 | 7,394 | 41.4 |
Note: Comprehensive income | ||||||||
First quarter of fiscal 2021: 13,631 million yen 153.8% | ||||||||
First quarter of fiscal 2020: 5,370 million yen 6.9% | ||||||||
Net income | Diluted net income | |||||||
per share | per share | |||||||
Yen | Yen | |||||||
First quarter of fiscal 2021 | 61.32 | - | ||||||
First quarter of fiscal 2020 | 58.73 | - | ||||||
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(2) Financial position
Total assets | Net assets | Equity ratio | ||||||||
Million yen | Million yen | % | ||||||||
First quarter of fiscal 2021 | 454,787 | 269,415 | 58.1 | |||||||
Fiscal 2020 | 445,456 | 262,012 | 57.7 | |||||||
Reference: Shareholders' | equity | |||||||||
First quarter of fiscal 2021: 264,205 million yen | ||||||||||
Fiscal 2020: 257,060 million yen | ||||||||||
2. Dividends | ||||||||||
Dividend per share | ||||||||||
Q1-end | Q2-end | Q3-end | FY-end | Annual | ||||||
Yen | Yen | Yen | Yen | Yen | ||||||
Fiscal 2020 | - | 30.00 | - | 50.00 | 80.00 | |||||
Fiscal 2021 | - | |||||||||
Fiscal 2021 | 35.00 | - | 50.00 | 85.00 | ||||||
(forecast) | ||||||||||
Note: Revisions to the latest dividend forecast: None
3. Consolidated Earnings Forecast for Fiscal 2021
(April 1, 2021 - March 31, 2022)
(Percentage figures denote increases or decreases compared with the same period of the previous fiscal year.)
Net income | |||||||||
Net sales | Operating income | Ordinary income | attributable to | Net income | |||||
shareholders of the | per share | ||||||||
parent company | |||||||||
Million yen | % | Million yen | % | Million yen | % | Million yen | % | Yen | |
Interim | 240,000 | 4.3 | 20,500 | 4.2 | 21,100 | 3.7 | 15,000 | 1.8 | 119.08 |
Full-year | 500,000 | 5.5 | 47,000 | 5.5 | 47,900 | 4.5 | 34,000 | 5.0 | 269.91 |
Note: Revisions to the latest consolidated financial forecast: None
2
Notes:
- Changes in significant subsidiaries that affected the scope of consolidation during the first quarter: None
- Adoption of specific accounting methods for preparing the quarterly consolidated financial statements: None
- Changes in accounting policies, accounting estimates, and restatement
- Changes in accounting policies resulting from the revision of accounting standards and other regulations: Yes
- Changes in accounting policies other than 1): None
- Changes in accounting estimates: None
- Restatement: None
- Number of shares issued (Common stock)
- Number of shares issued including treasury stock at the end of the period
First quarter of fiscal 2021: 126,610,077 shares
Fiscal 2020: 126,610,077 shares
-
Number of treasury stock at the end of the period
First quarter of fiscal 2021: 594,416 shares
Fiscal 2020: 604,068 shares
-
Average number of shares during the period (cumulative from the beginning of the fiscal year)
First quarter of fiscal 2021: 126,015,766 shares
First quarter of fiscal 2020: 125,915,408 shares
Note: The number of treasury stock at the end of the period includes shares owned by the Board Benefit Trust (BBT). The number of treasury stock at the end of the first quarter of the fiscal year ending March 31, 2022 includes 109,300 shares owned by the BBT. The number of treasury stock at the end of the fiscal year ended March 31, 2021 included 119,200 shares owned by the BBT.
These quarterly consolidated financial statements are not subject to audit through the certified public accountant or an audit firm.
Disclaimer
The consolidated earnings forecast contained in this document is based on information available to management at the present time and certain assumptions judged to be rational. As such, actual sales and income may differ from this forecast due to uncertain factors present in the forecast or future changes in business circumstances.
Quarterly earnings supplementary materials are available at the TDnetand our website:www.daifuku.com/ir.
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Consolidated Financial Statements
(1) Consolidated balance sheets
(Million yen) | ||||
FY2020 | FY2021 Q1 | |||
(ended March 31, 2021) | (ended June 30, 2021) | |||
ASSETS | ||||
Current assets: | ||||
Cash on hand and in banks | 94,167 | 112,476 | ||
Notes receivable, accounts receivable | ||||
from completed construction contracts | 211,906 | - | ||
and other | ||||
Notes receivable, accounts receivable | ||||
from completed construction contracts | - | 199,353 | ||
and other, and contract assets | ||||
Merchandise and finished goods | 6,355 | 6,926 | ||
Costs incurred on uncompleted | 13,670 | 10,582 | ||
construction contracts and other | ||||
Raw materials and supplies | 16,325 | 18,397 | ||
Other current assets | 8,749 | 9,590 | ||
Allowance for doubtful accounts | (571) | (582) | ||
Total current assets | 350,604 | 356,744 | ||
Non-current assets: | ||||
Property, plant and equipment | 49,547 | 51,626 | ||
Intangible assets | ||||
Goodwill | 4,212 | 4,313 | ||
Other | 5,803 | 5,735 | ||
Total intangible assets | 10,015 | 10,049 | ||
Investments and other assets | ||||
Other | 35,454 | 36,438 | ||
Allowance for doubtful accounts | (165) | (71) | ||
Total investments and other assets | 35,289 | 36,367 | ||
Total non-current assets | 94,852 | 98,043 | ||
Total assets | 445,456 | 454,787 | ||
LIABILITIES
Current liabilities:
Notes and accounts payable and construction contracts payable Electronically recorded obligations - operating
Short-term borrowings and current portion of long-term borrowings
43,77843,003
20,16924,680
15,54311,883
Income taxes payable | 9,907 | 5,264 | |
Advances received on uncompleted | 34,263 | - | |
construction contracts and other | |||
Contract liabilities
Provision for losses on construction contracts
Other current liabilities
Total current liabilities
-39,195
343 | 1,184 |
25,17226,658
149,178151,871
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(Million yen) | ||
FY2020 | FY2021 Q1 | |
(ended March 31, 2021) | (ended June 30, 2021) | |
Non-current liabilities: | ||
Long-term borrowings | 19,600 | 19,100 |
Liabilities for retirement benefits | 7,674 | 7,639 |
Other reserves | 351 | 357 |
Other non-current liabilities | 6,639 | 6,403 |
Total non-current liabilities | 34,265 | 33,500 |
Total liabilities | 183,443 | 185,371 |
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Daifuku Co. Ltd. published this content on 05 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 August 2021 10:05:09 UTC.