LIFULL : Consolidated Financial Report for the Nine-month Period Ended June 30, 2022 (IFRS)

The English translation of this financial report was prepared for reference purposes only. The financial information contained in this report is delivered from our unaudited financial statements.

Consolidated Financial Report for the Nine-month Period

Ended June 30, 2022 (IFRS)

				August 4, 2022
Company name:	LIFULL Co., Ltd.		Listed exchange:	Tokyo Stock Exchange
Stock code:	2120		URL:	https://ir.lifull.com/en/
Representative:	INOUE Takashi	(Position) President and CEO
Contact:	FUKUZAWA Hidekazu	(Position) Managing Officer, General Manager of (TEL) [phone]
		Group Company Business Development
		Department
Scheduled quarterly securities report submission date:	August 4, 2022
Scheduled date of start of dividend payments:	-
Preparation of supporting documentation for earnings:	Yes
Earnings presentations:		No

(Millions of yen; amounts have been rounded down to the nearest million yen)

1. Consolidated Financial Results for the Nine-month Period Ended June 30, 2022 (October 1, 2021 to June 30, 2022)

(1) Consolidated Operating Results

(Percentages indicate year-over-year change)

						Operating	Profit before						Profit attributable		Total
		Revenue		Net profit	to owners of the	comprehensive
			income	income taxes
												parent		income
		million yen		%	million yen	%	million yen		%		million yen	%	million yen		%	million yen		%
Nine months ended		26,686		(0.9)	631	(74.5)	485		(78.8)		346	(76.6)	349		(76.3)	2,157		(32.5)
June 30, 2022
Nine months ended		26,925		0.1	2,476	(32.8)	2,294		(33.4)		1,479	(36.4)	1,477		(36.4)	3,193		3.1
June 30, 2021
								Basic earnings per		Diluted earnings per
										share (yen)		share (yen)
Nine months ended June 30, 2022							2.65					2.65
Nine months ended June 30, 2021							11.21					11.20
(2) Consolidated Financial Position
			Total assets		Total equity		Equity attributable to the		Equity attributable to the
						owners of the parent	owners of the parent ratio
						million yen			million yen							million yen						%
As of June 30, 2022					48,112				30,247							30,136						62.6
As of September 30, 2021					45,887				28,538							28,413						61.9
2. Dividends
												Annual dividend
			First quarter-end	Second quarter-	Third quarter-		Fiscal year-end		Total
										end					end
						yen			yen					yen				yen			yen
FY 2021/9					-				0.00						-				3.62				3.62
FY 2022/9					-				0.00						-
FY 2022/9 (Forecast)																				-				-

Note 1: There have been no changes to the dividend forecast.

Note 2: Dividends for FY 2022/9 are expected to be calculated based on a payout ratio of 25%.

3. Forecasts on the Consolidated Results for Fiscal 2022 (October 1, 2021 to September 30, 2022)

									Profit attributable	Basic earnings
	Revenue		Operating income	Net profit		to owners of the
			per share
									parent
	million yen		(%)	million yen	million yen	million yen		(%)	million yen		(%)	yen
Fiscal 2022	36,000		0.4	1,200	-	480		-	480		-	3.64

Note 1: There have been changes to the most recently announced forecast.

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* Notes

1. There have been no changes in material subsidiaries during the term.
2. Changes in accounting policies and changes or restatement of accounting estimates

[1] Changes in accounting policies required by IFRS	: No
[2] Changes in accounting policies other than [1]	: No
[3] Changes in accounting estimates	: No

(3) Number of shares issued (common stock)

1. Number of shares issued at the end of the period (including treasury stock)
2. Treasury shares at the end of the period
3. Average shares during the period

As of June 30, 2022	134,239,870	As of September 30, 2021	134,239,870
As of June 30, 2022	2,458,270	As of September 30, 2021	2,458,256
As of June 30, 2022	131,781,600	As of June 30, 2021	131,781,614

• This consolidated financial report is not subject to quarterly CPA or External Auditor reviews.
• Regarding appropriate use of result forecasts and other notes
• • In addition, the Company holds briefings as appropriate for individual investors. Please refer to the LIFULL IR website for more details. (https://ir.lifull.com/en/)

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(Appendix)

Contents
1. Condensed Consolidated Financial Statements and Significant Notes	...............4
(1)	Condensed Consolidated Statements of Financial Position...........................................	4
(2) Condensed Consolidated Statements of Profit and Loss and
	Condensed Consolidated Statements of Comprehensive Income ................................	6
(3)	Condensed Consolidated Statements of Changes in Equity ........................................	10
(4) Condensed Consolidated Statements of Cash Flows ......................................................	11
(5)	Notes on the Consolidated Financial Statements ............................................................	12

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1. Condensed Consolidated Financial Statements and Significant Notes

(1) Condensed Consolidated Statements of Financial Position

	(Thousands of yen)
As of	As of
September 30, 2021	June 30, 2022

Assets

Current assets

Cash and cash equivalents

Accounts receivable-trade and other current receivables

Other short-term financial assets Other current assets

Total current assets

Non-current assets

Property, plant and equipment

Right-of-use assets

Goodwill

Intangible assets

Investments accounted for using the equity method

Other long-term financial assets Deferred tax assets

Other non-current assets

Total non-current assets

Total assets

13,145,308	13,721,036
5,000,620	4,984,454
589,366	511,951
2,809,658	3,060,292
21,544,954	22,277,734
1,441,114	1,273,322
3,429,723	2,856,157
11,026,612	12,789,344
3,083,910	3,065,201
339,161	1,126,002
2,101,373	1,833,927
2,849,230	2,831,656
71,516	58,804
24,342,642	25,834,416
45,887,597	48,112,151

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			(Thousands of yen)
		As of	As of
		September 30, 2021	June 30, 2022
Liabilities and equity
Liabilities
Current liabilities
Accounts payable and other current payables	3,178,334	3,187,860
Short-term loans	6,628,630	6,710,791
Lease liabilities	738,168	707,264
Accrued corporate income taxes	296,043	343,929
Other current liabilities	1,298,117	1,487,410
Total current liabilities	12,139,294	12,437,257
Non-current liabilities	998,980	1,695,137
Long-term loans	2,762,701	2,217,084
Lease obligations	511,000	511,256
Other long-term financial liabilities	109,579	184,535
Deferred tax liabilities	483,326	461,213
Other non-current liabilities	344,326	358,304
Total non-current liabilities	5,209,913	5,427,532
Total liabilities	17,349,208	17,864,790
Equity
Attributable to the owners of the parent
Capital stock	9,716,363	9,716,363
Capital surplus	9,982,062	10,021,519
Retained earnings	10,296,601	10,169,257
Treasury shares	(1,009,262)	(1,009,267)
Other components of equity	(572,117)	1,238,691
Attributable to the owners of the parent	28,413,647	30,136,563
Attributable to non-controlling interests	124,741	110,797
Total equity	28,538,388	30,247,361
Total liabilities and equity	45,887,597	48,112,151

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