Japan Lifeline : Summary Report of Consolidated Financial Results for the Year Ended March 31, 2021

Summary Report of Consolidated Financial Results for the Year Ended March 31, 2021 [Japan GAAP]

May 7, 2021

Company name	: Japan Lifeline Co., Ltd.
Code No.	: 7575
Stock Exchange Listing	: Tokyo Stock Exchange, 1st Section
URL	: https://www.jll.co.jp/
Representative	: Keisuke Suzuki, President and CEO
Contact person	: Kenji Yamada, Senior Vice President Corporate Administration Headquarters
TEL	: [phone]

Date of general shareholders' meeting:	: June 25, 2021
Dividend payable date	: June 28, 2021
Scheduled date for filing the Annual Securities Report	: June 25, 2021
Supplementary documents to the financial results for the period	: Available
Presentation on the annual financial results	: Available (for institutional investors and analysts)

(Amounts are rounded down to million yen)

1. Consolidated Results for the Year Ended March 31, 2021 (from April 1, 2020 to March 31, 2021)

(1) Consolidated operating results									(% indicates year-on-year changes)
		Net sales			Operating profit		Ordinary profit		Profit attributable to
							owners of parent
		Millions of yen	%		Millions of yen	%	Millions of yen	%		Millions of yen	%
Year ended March 31,	51,286	(0.9)		10,367		(0.6)		10,519	0.9		2,000		(74.2)
2021
Year ended March 31,	51,761	13.7		10,434		(0.9)		10,425	(3.5)		7,748		0.3
2020
(Note) Comprehensive income : Year ended March 31, 2021		: 2,249 million yen ;	(70.2)%
		Year ended March 31, 2020		: 7,552 million yen ;	(2.1)%
		Earnings per	Diluted earnings	Return on		Return on	Operating
		share	per share	Equity			Assets			Profit Margin
		Yen			Yen			%			%			%
Year ended March 31,	24.91			-				3.9			14.2			20.2
2021
Year ended March 31,		96.55			-			15.8			14.6			20.2
2020
(Reference) Equity method investment gain or loss:	Year ended March 31, 2021		: - million yen
					Year ended March 31, 2020		: - million yen

1. Consolidated financial position

		Total assets	Net assets		Equity ratio			Net assets per
					share
			Millions of yen	Millions of yen	%		Yen
	As of March 31, 2021	72,962		51,304		70.3	638.36
	As of March 31, 2020		75,000		51,406		68.5		640.54
	(Reference) Shareholders' equity :	Year ended March 31, 2021	: 51,304 million yen
			Year ended March 31, 2020	: 51,406 million yen

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1. Consolidated cash flows

	From Operating	From Investing	From Financial	Cash and Cash
	Equivalents at End
	Activities	Activities	Activities
	of Fiscal Year
	Millions of yen	Millions of yen	Millions of yen	Millions of yen
Year ended March 31,	11,432	(3,731)	(3,720)	13,708
2021
Year ended March 31,	7,096	(4,419)	(1,136)	9,555
2020

2. Dividends

		Cash dividends per share		Total		Ratio of
						Dividends	Payout	Dividends to
	1Q	2Q	3Q	Year-	Total	for the	Ratio	Shareholder's
	End	End	End	End	Year	(consolidated)	Equity
						(annual)		(consolidated)
	Yen	Yen	Yen	Yen	Yen	Millions of	%	%
	yen

Year ended March 31,	-	0.00		-	29.00	29.00			2,335
2020
Year ended March 31,	-	0.00		-	49.00	49.00			3,945
2021
Year	ending March	-	0.00		-	38.00	38.00
31, 2022 (forecast)
(Note)		Revisions to cash dividends forecast most recently announced	: None
	The year-end dividend of 49 yen for the year ended March 31, 2021 consists of
		commemorative dividend of 20 yen.

30.04.8

1. 7.7

an ordinary dividend of 29 yen and a

3. Forecast of Consolidated Financial Results for the Year Ending March 31, 2022 (from April 1, 2021 to March 31, 2022)

(% represents change from the previous year)

	Net sales		Operating profit	Ordinary profit	Profit attributable to	Earnings
		owners of parent	per share
	Millions of	%	Millions of	%	Millions of	%	Millions of	%	Yen
	yen	yen	yen	yen
Second quarter-
25,144	2.8	4,398	0.7	4,508	12.4	3,255	16.9	40.51
end (Cumulative)
Year ending March	52,979	3.3	10,625	2.5	10,682	1.5	7,567	278.3	94.15
31, 2022

* Notes

1. Changes in significant subsidiaries during the period (change in specified subsidiaries resulting in scope of consolidation) : None
2. Changes in accounting policies, changes in accounting estimates and restatements

(i)	Changes in accounting policies due to the revision of accounting standards	: None
(ii)	Changes in accounting policies other than ( i )	: None
(iii)	Changes in accounting estimates	: None
(iv)	Restatement	: None

1. Number of issued shares outstanding (common stock)

1. Number of issued shares at the end of the period (including treasury stock) :

Year ended March 31, 2021	: 85,419,976	shares
Year ended March 31, 2020	: 85,419,976	shares

1. Number of shares held as treasury stock at the end of the period :

Year ended March 31, 2021	: 05,050,861	shares
Year ended March 31, 2020	: 05,165,261	shares

1. Average number of issued shares outstanding during the period, after deducting shares held as treasury stock :

Year ended March 31, 2021	: 80,322,557	shares
Year ended March 31, 2020	: 80,251,452	shares

(Notes) 1 The Company has adopted a BIP (Board Incentive Plan) trust, assuming the number of shares held by the trust are included

in the number of treasury stock of "(3) Number of issued shares outstanding (common stock)".

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2 The Company has adopted the trust-type employee stock ownership incentive plan (E-Ship) and the Company's shares that

the trust owns are counted as treasury shares in "(3) Number of issued shares outstanding (common stock)".

(Reference)

1. Non-consolidated Results for the Year Ended March 31, 2021 (from April 1, 2020 to March 31, 2021)

(1) Non-consolidated operating results						(% indicates year-on-year changes)
		Net sales			Operating profit	Ordinary profit	Profit attributable to
				owners of parent
		Millions of yen	%		Millions of yen	%	Millions of yen	%	Millions of yen	%
Year ended March 31,	51,250	(0.9)	10,455	0.5	10,671	2.0	1,862	(76.9)
2021
Year ended March 31,	51,700	13.7	10,402	(0.3)	10,466	(3.8)	8,078	3.5
2020
		Earnings per share		Diluted earnings
			per share
			Yen			Yen
Year ended March 31,			23.19			-
2021
Year ended March 31,			100.67			-
2020

1. Non-consolidatedfinancial position

		Total assets	Net assets		Equity ratio			Net assets per
					share
			Millions of yen	Millions of yen	%		Yen
	As of March 31, 2021	73,460		51,874		70.6	645.46
	As of March 31, 2020		75,352		51,859		68.8		646.19
	(Reference) Shareholders' equity :	Year ended March 31, 2021	: 51,874 million yen
			Year ended March 31, 2020	: 51,859 million yen

2. Forecast of Consolidated Financial Results for the Year Ending March 31, 2022 (from April 1, 2021 to March 31, 2022)

(% represents change from the previous year)

	Net sales		Operating profit	Ordinary profit	Profit attributable to	Earnings
		owners of parent	per share
	Millions of	%	Millions of	%	Millions of	%	Millions of	%	Yen
	yen	yen	yen	yen
Second quarter-
25,120	2.8	4,453	(0.3)	4,569	10.0	3,316	13.4	41.27
end (Cumulative)
Year ending March	52,932	3.3	10,610	1.5	10,679	0.1	7,564	306.2	94.12
31, 2022

*This Summary Report is out of scope for quarterly review by the external auditors.

*Explanation for the appropriate use of forecast of the consolidated financial results and other special notes.

Any forward-looking statements in the summary report, such as results forecasts, are based on the information currently available to the

Company and certain assumptions that the Company deems to be reasonable at the time this report was prepared. Actual results may

differ significantly from the forecasts due to various factors.

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