Joshin Denki : Consolidated Financial Results for Three-month Period of Fiscal Year Ending March 31, 2023 (Japanese GAAP)

Consolidated Financial Results for Three-month Period of Fiscal Year

Ending March 31, 2023

(Japanese GAAP)

			August 5, 2022
Company name:	Joshin Denki Co., Ltd.		Stock Listing: Tokyo
Securities code:	8173 / URL:http://www.joshin.co.jp/
Representative: Ryuhei Kanatani, Representative Director, President, and Executive Officer
Contact:	Suguru Oshiro, Director and Executive Officer in Charge of Financial Strategy	Phone:
Scheduled date for filing of quarterly report	August 8, 2022	[phone]
Scheduled dividend payment date:	―
Supplementary documents for quarterly financial results:	None
Quarterly financial results briefing:	None

(Amounts rounded down to the nearest million yen)

1. Consolidated results for the three-month period of fiscal year ending March 31, 2023 (April 1, 2022 to June 30, 2022)

(1) Consolidated operating results						(% indicates year-on-year change)
	Net sales		Operating income	Ordinary income	Net income attributable
		to owners of the parent
	Million yen	％	Million yen	％	Million yen	％	Million yen	％
Three-month period of FY2022	94,601	-2.9	1,391	-56.9	1,394	-56.7	1,016	-48.5
Three-month period of FY2021	97,423	-9.1	3,225	0.0	3,224	0.5	1,973	25.2

(Note) Comprehensive income: 977 million yen (-50.8%) in the three-month period of FY2022
	1,986 million yen (-9.0%) in the three-month period of FY2021
	Net income per share		Diluted net income per share
			Yen			Yen
Three-month period of FY2022	37.97			―
Three-month period of FY2021	73.76			―
(2) Consolidated financial position
		Total assets			Net assets		Shareholders' equity ratio
		Million yen			Million yen			％
Three-month period of FY2022	227,136			97,607				43.0
Year ended March 31, 2022	217,417			98,641				45.4
(Reference) Shareholders' equity:	Three months ended June	30, 2022: 97,607 million yen
	Year ended March 31, 2022:		98,641 million yen
2. Dividends
					Annual dividends per share
		End 1Q		End 2Q	End 3Q		Year-end	Total
		Yen			Yen	Yen		Yen	Yen
Year ended March 31, 2022		―			0.00	―		75.00	75.00
Year ending March 31, 2023		―
Year ending March 31, 2023 (forecast)				0.00	―		75.00	75.00
(Note) Changes to the latest dividend	forecast: None

3. Forecast of consolidated financial results for the fiscal year ending March 31, 2023 (April 1, 2022 to March 31, 2023)

(% indicates year-on-year change)

	Net sales		Operating income	Ordinary income	Net income attributable to	Net income per
		owners of the parent	share
	Million yen	％	Million yen	％	Million yen	％	Million yen	％	Yen
Six-month period	202,000	0.6	4,000	-24.6	4,000	-34.1	2,700	-33.6	100.86
Full year	420,000	2.6	10,000	12.6	10,000	3.1	7,000	9.5	261.49

(Note) Changes to the latest financial results forecast: None

*Notes

1. Changes in significant subsidiaries during the three-month period of FY2022 (changes in specified subsidiaries resulting in a change in the scope of consolidation): None
2. Adoption of special accounting treatment for the preparation of consolidated quarterly financial statements: None
3. Changes in accounting policies and changes or restatement of accounting estimates

1. Changes in accounting policies due to amendments of accounting standards, etc.: None
2. Changes in accounting policies other than changes in (i): None
3. Changes in accounting estimates: None
4. Restatement: None

1. Shares outstanding (Common stock)

1. Number of shares outstanding (including treasury stock) as of the end of the term:

28,000,000 as of June 30, 2022

28,000,000 as of March 31, 2022

1. Number of shares of treasury stock as of the end of the term: 1,229,873 as of June 30, 2022
   1,229,873 as of March 31, 2022
2. Average number of shares during the term:

26,770,127 as of June 30, 2022

26,756,831 as of June 30, 2021

Note: The number of shares of treasury stock includes the Company shares held in the board incentive plan trust account as stated below.

51,475 as of June 30, 2022

51,475 as of March 31, 2022

• Summaries of quarterly financial results are not subject to reviews by a certified public accountant or an audit firm.
• Explanations about the proper use of financial results forecasts and other remarks

The statements in this document concerning financial results forecasts are based on currently available information and certain assumptions that the Company considers reasonable. The achievement of such forecasts is not guaranteed by the Company. Actual results may vary significantly from such forecasts due to a variety of factors.