This document contains a financial summary and financial statements translated from the original

Japanese version, for convenience only.

Consolidated Financial Results for the First Quarter of Fiscal Year 2022 [IFRS]

August 12, 2022

Company name:

ENEOS Holdings, Inc.

Stock Exchange Listings: Tokyo and Nagoya

Code number:

5020

URL: https://www.hd.eneos.co.jp/

Representative:

Saito Takeshi

Representative Director, President

Contact person:

Yokoyama Sho

Group Manager, Investor Relations Group, Investor Relations Department

Telephone:

+81-3-6257-7075

Scheduled date of filing of Quarterly Securities Report:

August 12, 2022

Scheduled date of commencement of dividend payments:

-

Supplemental materials for the quarterly financial results:

Yes

Quarterly financial results presentation:

Yes (for institutional investors and analysts)

(Amounts of less than 1 million yen are rounded off.)

1. Consolidated Results for the First Quarter of FY2022 (From April 1, 2022 to June 30, 2022)

(1) Operating Results

(Percentage figures represent changes from same period in the previous fiscal year.)

Revenue

Operating profit

Profit before tax

Profit attributable to

Total comprehensive

owners of the parent

income

Millions of yen

%

Millions of yen

%

Millions of yen

%

Millions of yen

%

Millions of yen

%

1Q of FY2022

3,555,106

59.8

325,349

100.9

331,970

111.1

221,355

126.7

309,330

147.1

1Q of FY2021

2,224,073

43.8

161,980

669.9

157,230

974.8

97,622

-

125,161

-

Basic profit per share

Diluted profit per share

Yen

Yen

1Q of FY2022

69.31

69.14

1Q of FY2021

30.41

30.33

(2) Financial Position

Total equity attributable

Equity ratio

Total assets

Total equity

attributable to owners

to owners of the parent

of the parent

Millions of yen

Millions of yen

Millions of yen

%

1Q of FY2022

10,750,386

3,448,066

3,057,600

28.4

FY2021

9,648,219

3,234,079

2,860,797

29.7

2. Dividends

Annual cash dividends per share

End of 1st quarter

End of 2nd quarter

End of 3rd quarter

Year-End

Total

Yen

Yen

Yen

Yen

Yen

FY2021

-

11.00

-

11.00

22.00

FY2022

-

FY2022

11.00

-

11.00

22.00

(Forecast)

Note: Revision to the most recent dividend forecast: No

3. Forecasts of Consolidated Results for Fiscal Year 2022 (From April 1, 2022 to March 31, 2023)

(Percentage figures are changes from the amount for the corresponding period in the previous fiscal year.)

Revenue

Operating profit

Profit before tax

Profit attributable to

Basic profit per share

owners of the parent

Millions of yen

%

Millions of yen

%

Millions of yen

%

Millions of yen

%

Yen

FY2022

12,800,000

17.2

340,000

(56.7)

310,000

(59.8)

170,000

(68.3)

53.87

Note: Revision to the most recent consolidated earnings forecast: No

The forecasts of consolidated results for the full fiscal year of 2022 remain unchanged from the previous forecasts announced on May 13, 2022.

Average number of shares issued during the period that forms the basis for the calculation of basic profit per share specified above is calculated with the number of issued shares (excluding treasury stock) as of June 30, 2022.

As for the forecasts of operating profit excluding inventory valuation factors*, please see the following.

Operating profit excluding inventory valuation factors:

Forecasts for FY2022:340,000 million yen (percentage change from the previous fiscal year: (18.2)%)

(Reference) Actual results for FY2021: 415,600 million yen

(*) The impact of inventory valuation on the cost of sales by using the weighted-average method and by writing down the book value.

Explanatory Notes

(1) Changes in the number of material subsidiaries during the term under review: Yes

Note: This item indicates whether there were changes in specified subsidiaries involving a change in the scope of consolidation.

Newly included: BST ENEOS Elastomer Co., Ltd.

  1. Changes in accounting policies and in accounting estimates

(i)

Changes in accounting policies required by the IFRS:

None

(ii)

Changes in accounting policies other than (i) above:

None

    1. Changes in accounting estimates: None
  1. Number of shares issued (Common stock)
    1. Number of issued shares at the end of the period (including treasury stock)

First Quarter of FY2022 ended June 30, 2022:

3,230,282,649 shares

FY2021 ended March 31, 2022:

3,230,282,649 shares

  1. Number of shares of treasury stock at the end of the period

First Quarter of FY2022 ended June 30, 2022:

74,743,826 shares

FY2021 ended March 31, 2022:

19,086,925 shares

  1. Average number of shares issued during the period

First Quarter of FY2022 ended June 30, 2022:

3,193,862,980 shares

First Quarter of FY2021 ended June 30, 2021:

3,210,719,869 shares

  • This report is not subject to quarterly review procedures conducted by certified public accountants or an audit corporation.
  • Explanation regarding appropriate use of forward-looking statements on results, and other specific comments (Note on Statements Regarding Prospective Matters)
    This material contains forward-looking statements; however, actual results may differ materially from those reflected in such forward-looking statements, due to various factors, including the following:
    (1) changes in macroeconomic conditions and changes in the competitive environment in the energy, resources and materials industries; (2) the impact of COVID-19 on economic activity; (3) revisions to laws and strengthening of regulations; and (4) litigation and other similar risks.
  • Changes from the previous fiscal year (or corresponding period in the previous fiscal year) are not presented ("-") if either or both of the fiscal year (or period) under review and the previous fiscal year (or corresponding period) are negative, or if the percentage change is 1,000% or greater.

Summary of Quarterly Consolidated Financial Statements and Major Explanatory Notes Thereto

(1) Summary of Quarterly Consolidated Statements of Financial Position

(Millions of yen)

FY2021

1Q of FY2022

(As of March 31, 2022)

(As of June 30, 2022)

ASSETS

Current assets

Cash and cash equivalents

547,272

567,458

Trade and other receivables

1,499,758

1,672,535

Inventories

1,994,830

2,522,149

Other financial assets

121,193

195,824

Other current assets

145,533

286,360

Sub total

4,308,586

5,244,326

Assets held for sale

-

97,099

Total current assets

4,308,586

5,341,425

Non-current assets

Property, plant and equipment

3,543,053

3,670,388

Goodwill

251,175

252,503

Intangible assets

518,995

520,917

Investments accounted for using the equity

497,571

422,004

method

Other financial assets

470,550

478,942

Other non-current assets

19,114

24,734

Deferred tax assets

39,175

39,473

Total non-current assets

5,339,633

5,408,961

TOTAL ASSETS

9,648,219

10,750,386

1

(Millions of yen)

FY2021

1Q of FY2022

(As of March 31, 2022)

(As of June 30, 2022)

LIABILITIES

Current liabilities

Trade and other payables

1,789,756

2,099,710

Bonds and borrowings

858,829

1,126,439

Income taxes payable

36,351

100,755

Lease liabilities

69,275

70,420

Other financial liabilities

91,888

109,228

Provisions

28,067

25,130

Other current liabilities

408,842

361,711

Total current liabilities

3,283,008

3,893,393

Non-current liabilities

Bonds and borrowings

1,876,629

2,095,691

Liabilities for retirement benefits

220,188

226,432

Lease liabilities

413,276

436,215

Other financial liabilities

42,462

41,418

Provisions

125,923

136,816

Other non-current liabilities

55,887

55,019

Deferred tax liabilities

396,767

417,336

Total non-current liabilities

3,131,132

3,408,927

Total liabilities

6,414,140

7,302,320

EQUITY

Common stock

100,000

100,000

Capital surplus

1,049,093

1,032,142

Retained earnings

1,517,733

1,701,288

Treasury stock

(8,557)

(37,920)

Other components of equity

202,528

262,090

Total equity attributable to owners of the parent

2,860,797

3,057,600

Non-controlling interests

373,282

390,466

Total equity

3,234,079

3,448,066

TOTAL LIABILITIES AND EQUITY

9,648,219

10,750,386

2

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Eneos Holdings Inc. published this content on 12 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2022 05:08:06 UTC.