Internetworking and Broadband Consulting : 2Q FYE Sep-2021 Kessan Tanshin〔J-GAAP〕（Consolidated）

2Q FYE Sep-2021 Kessan Tanshin〔J-GAAP〕（Consolidated）

					14 May 2021
Company name	Internetworking and Broadband Consulting Co., Ltd.	Listed TSE
Code	3920		ＵＲＬ https://www.ibc21.co.jp/
Representative	（Title）	CEO and President	（Name）Kato, Hiroyuki
Contact	（Title）	Director, Corporate	（Name）Shimane, Naoto	ＴＥＬ [phone]
			Service Div.
Scheduled submission date	14 May 2021	Scheduled dividend	－
of quarterly report			payment date
Supplementary materials	：Japanese only
Explanatory meeting	：Not scheduled

（Fraction less than JPY mil）

１．2Q of FYE Sep-2021 Consolidated Financial Results（1 Oct 2020 ～ 31 Mar 2021）

（１）Consolidated statement of income

(Cumulative)

（YoY %）

Sales

Operating Income

Ordinary Income

Profit (loss)

attributable to

owners of parent

JPY mil

％

JPY mil

％

JPY mil

％

JPY mil

％

2Q of FYE Sep-2021

1,001

8.9

126

321.5

121

557.6

82

－

2Q of FYE Sep-2020

920

5.0

29

(81.6)

18

(88.7)

(225)

－

Comprehensive

2Q of FYE Sep-2021

93

JPY mil

（－％） 2Q of FYE Sep-2020

(224)

JPY mil

（－％）

income

EPS

EPS (diluted)

JPY

JPY

2Q of FYE Sep-2021

14.89

14.76

2Q of FYE Sep-2020

(40.93)

－

（Note）The description of diluted EPS is omitted due to loss of 2Q, despite that there are dilutive shares

（２）Consolidated balance sheet

Total Assets

Net Assets

Capital-to-asset ratio

JPY mil

JPY mil

％

2Q FYE Sep-2021

3,128

1,633

52.2

FYE Sep-2020

3,045

1,539

50.5

（Ref.）Net assets

2Q of FYE Sep-2021

1,633

JPY mil

FYE Sep-2020

1,538

JPY mil

２．Dividend

Dividend

1Q

2Q

3Q

4Q

Total

JPY

JPY

JPY

JPY

JPY

FYE Sep-2019

－

0.00

－

0.00

0.00

FYE Sep-2020

－

0.00

FYE Sep-2021

－

－

－

（Est.）

（Note）１．Revisions to the forecasts of cash dividends most recently announced: Yes ２．Dividends after 3Q have not been determined.

－ 1 －

３．Consolidated financial forecast（1 Oct 2020～30 Sep 2021）

（YoY %

/ QoQ %）

Sales

Operating Income

Ordinary Income

Profit (loss)

EPS

attributable to

owners of parent

JPY

％

JPY

％

JPY

％

JPY

％

JPY

mil

mil

mil

mil

FYE Sep-2021

2,313

18.8

322

62.3

319

83.3

195

－

35.40

（Note）Revisions to the consolidated earnings forecasts most recently announced: No

※ Note

（１）Transfer of material subsidiaries（subsidiaries

resulting in change in scope of consolidation）：No

Include

－ （Name）－、Exclude －

（Name）－

（２）Application of a specific accounting procedure for preparing quarterly consolidated financial statements: Calculation of tax expense

Tax expenses are calculated by estimating effective tax rate after tax effective accounting reasonably and multiplying income (losses) before income taxes by the estimated effective tax rate.

（３）Changes in Accounting policies, estimation and restatement
①	Accounting policy changes in accordance with revision of Accounting Standard：None
②	Accounting policy changes excluding ① ：None
③	Accounting estimate changes	：None
④	Restatement	：None
（４）Number of outstanding shares（Ordinary share）
① Outstanding number of shares at	2Q of Sep-	5,721,600	Sep-2020	5,715,600
FYE（Incl. treasury shares）	2021
② Number of treasury shares at FYE	2Q of Sep-	194,159	Sep-2020	194,159
		2021
③ Average number of shares	2Q of Sep-	5,524,321	2Q of Sep-	5,519,671
		2021	2020

※ This Tanshin is out of scope of audit by Auditors.

※（Disclaimer）

The description regarding estimation or forecast in the future in this material is based on our information and assumptions that we have understood reasonably, we never commit, pledge or promise an achievement of the description. Actual achievement will suffer from various factors.

－ 2 －

２．Consolidated financial statement

（１）Consolidated balance sheet

			（Unit：JPY thousand）
		Previous FYE	2Q of FYE Sep-2021
		(30 Sep 2020)	(31 Mar 2021)
Assets
Current assets
Cash and deposits	1,229,058	1,171,678
Accounts receivable - trade	1,232,179	1,142,910
Inventories	18,844	10,173
Other	82,506	57,086
Current assets		2,562,589	2,381,848
Non-current assets
Property, plant and equipment	46,845	43,795
Intangible assets
Goodwill	76,281	66,331
Other	48,077	43,221
Intangible assets		124,358	109,553
Investments and other assets
Investment securities	131,690	378,548
Other	207,022	242,324
Allowance for doubtful accounts		(27,447)	(27,447)
Investments and other assets		311,265	593,425
Non-current assets		482,470	746,774
Assets		3,045,059	3,128,622
Liabilities
Current liabilities
Accounts payable - trade-	160,286	148,380
Short-term loan payable	650,000	720,000
Current portion of long-term loans	122,396	122,396
payable
Income taxes payable	3,794	46,725
Other		166,485	115,967
Current liabilities		1,102,962	1,153,469
Non-current liabilities
Long-term loans payable	399,306	338,108
Provision for loss on business of	3,331	3,331
subsidiaries and associates
Non-current liabilities		402,637	341,439
Liabilities		1,505,600	1,494,909
Net assets
Shareholders' equity
Capital stock	442,030	442,930
Capital surplus	419,974	420,874
Retained earnings	901,702	983,975
Treasury stock		(221,114)	(221,114)
Shareholders' equity		1,542,592	1,626,665
Accumulated other comprehensive income
Valuation difference on available-for-	(3,719)	7,048
sale securities
Accumulated other comprehensive income		(3,719)	7,048
Subscription rights to shares		585	－
Net assets		1,539,458	1,633,713
Liabilities and net assets		3,045,059	3,128,622

－ 3 －

（２）Consolidated statement of income and comprehensive income （Consolidated statement of income）

（2Q）

（Unit：JPY thousand）

	Previous 2Q of FYE	Latest 2Q of FYE
	(from	1 Oct 2019	(from	1 Oct 2020
	to	31 Mar 2020)	to	31 Mar 2021)
Sales		920,231		1,001,756
COGS	304,898		407,155
Gross profit		615,332		594,600
Selling, general and administrative expenses		585,366		468,288
Operating loss ( )		29,966		126,312
Non-operating income
Commission fee		949		627
Subsidy	－		2,474
Insurance premiums refunded cancellation		546		1,684
Consumption tax difference	1,403		－
Other		96		490
Non-operating income		2,996		5,275
Non-operating expenses
Interest expenses	1,507		2,067
Share issuance cost		－		60
Commission for purchase of treasury shares	129		－
Share of loss of entities accounted for		12,176		7,922
using equity method
Other	672		19
Non-operating expenses		14,485		10,070
Ordinary loss ( )		18,477		121,518
Extraordinary income
Gain on reversal of subscription rights to	185		585
shares
Extraordinary income		185		585
Extraordinary losses
Provision of allowance for investment loss		896		－
of subsidiaries and associates
Impairment loss	203,799		－
Extraordinary losses		204,696		－
Loss ( ) before income taxes		(186,032)		122,103
Income taxes		39,868		39,830
Loss ( )		(225,901)		82,272
Loss ( ) attributable to owners of parent		(225,901)		82,272

－ 4 －

（Statement of consolidated comprehensive income） （2Q）

（Unit：JPY thousand）

	Previous 2Q of FYE	Latest 2Q of FYE
	(from	1 Oct 2019	(from	1 Oct 2020
	to	31 Mar 2020)	to	31 Mar 2021)
Net income (loss)		(225,901)		82,272
Other comprehensive income
Valuation difference on available-for-sale		1,725		10,767
securities
Other comprehensive income		1,725		10,767
Comprehensive income		(224,176)		93,040
（Comprehensive income attributable to）
Comprehensive income attributable to owners		(224,176)		93,040
of parent
Comprehensive income attributable to non-	－		－
controlling interests

－ 5 －