Mitsui Matsushima : Summary of Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2022 (Japanese GAAP)

Summary of Consolidated Financial Results for the First Quarter of the Fiscal Year Ending

March 31, 2022 (Japanese GAAP)

				August 6, 2021
Company	Mitsui Matsushima Holdings Co., Ltd.	Listed on the TSE 1/FSE
Stock code	1518	URL	https://www.mitsui-matsushima.co.jp/
Representative	Taishi Yoshioka, Representative Director and President
Contact	Satoru Eikawa, Executive Officer, General Manager of Accounting	(TEL) 81-92-771-2172
	Department

Filing date of quarterly report: August 6, 2021	Expected date of dividend payment: --
Supplementary materials for the quarterly results	Yes
	(Presentation of Financial Results for the First Quarter Ended June
	2021)
Quarterly Financial Results Explanation Meeting	None
	(Note: Figures are rounded down to the nearest million yen.)

1. Consolidated financial results for the first 3 months of the fiscal year ending March 2022 (April 1, 2021, through June 30, 2021)

(1) Consolidated results of operations (YTD)		(%: Changes from the same period of the previous fiscal year)
											Quarterly net profit
		Net sales			Operating profit	Ordinary profit	attributable to owners
											of parent
	Million yen		%	Million yen		%	Million yen	%	Million yen		%
1Q FY2021		10,622		(30.7)	1,044		107.0	1,200	(26.0)	852		(39.8)
1Q FY2020		15,322		(8.4)	504		(50.0)	1,622	50.9	1,416		102.9
(Note)
Comprehensive income	1Q FY2021					1Q FY2020
		1,367 million yen (－%)	(244) million yen (－%)
	Quarterly net		Quarterly diluted
		net profit per
	profit per share
			share
			yen sen		yen sen
1Q FY2021		65.57		－
1Q FY2020		108.89		－

(Note) Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, March 31, 2020) etc. have been applied since the beginning of the first quarter of the current consolidated accounting period. For details, please refer to "(3) Notes to Quarterly Consolidated Financial Statements (Changes in Accounting Policies)" on page 8 of the appended material.

1. Consolidated financial position

	Total assets	Net assets	Shareholders' equity
	ratio
	Million yen	Million yen	%
1Q FY2021	67,277	31,001	46.0
FY2020	70,618	30,287	42.8
(Reference)
Shareholders'	1Q FY2021	FY2020
equity	30,920 million yen	30,209 million yen

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2. Dividends

		Annual dividend per share
	End of 1Q	End of 2Q	End of 3Q	Year-end	Total
	yen sen	yen sen	yen sen	yen sen	yen sen
FY2020	－	－	－	50.00	50.00
FY2021	－
FY2021 (forecast)		－	－	50.00	50.00

(Note) Revisions to dividend forecast for the current quarter: None

3. Forecast of consolidated financial results for the fiscal year ending March 2022 (April 1, 2021, through March 31, 2022) (%: Changes from the previous fiscal year)

							Net profit		Net profit per
	Net sales	Operating profit	Ordinary profit	attributable to
		share
							owners of parent
	Million yen	%	Million yen	%	Million yen	%	Million yen		%	yen sen
Full Year	39,900	(30.5)	3,000	54.1	2,900	(4.0)	2,000		-	153.77

(Note) Revisions to financial forecast for the current quarter: None

*Notes

(1) Material changes in subsidiaries during the period

: None

(changes in the number of specified subsidiaries accompanying a change in the scope of consolidation) Newly included subsidiaries: - ; Excluded: -

1. Application of specific accounting procedures for the preparation of

the quarterly consolidated financial statements

: None

1. Changes in accounting principles, changes in accounting estimates and restatements

1)	Changes in accounting principles due to revision of accounting standards	:	Yes
2)	Changes in accounting principles due to reasons other than 1)	:	None
3)	Changes in accounting estimates	:	None
4)	Restatements	:	None

1. Shares outstanding (common stocks)

1. Number of shares outstanding at the end of the period (treasury stocks included)
2. Number of treasury stocks at the end of the period
3. Average number of shares during the period (cumulative total)

1Q FY2021	13,064,400 shares	FY2020	13,064,400 shares
1Q FY2021	57,561 shares	FY2020	57,561 shares
1Q FY2021	13,006,839 shares	1Q FY2020	13,004,692 shares

(Note) The number of treasury stocks to be deducted for calculating the number of treasury stocks at the end of the period includes the Company's stocks held by the Board Benefit Trust (BBT) (1Q FY2021: 57,000 shares; 1Q FY2020: 57,000 shares). The number of treasury stocks to be deducted for calculating the average number of shares during the period (cumulative total) includes the Company's stocks held by the BBT (1Q FY2021: 57,000 shares; 1Q FY2020: 59,200 shares).

• Quarterly summary reports are exempt from the quarterly review by certified public accountants or audit firms.
• Explanation regarding the appropriate use of earnings forecasts and other important matters
  The forward-looking statements concerning future performance included in this report are based on the information available at the time of this report and certain assumptions we deemed reasonable. Therefore, actual results may differ significantly from these forward-looking statements due to various factors. For notes regarding the conditions that serve as assumptions for the earnings forecast and the use of the earnings forecast, please refer to "(3) Explanation Regarding the Consolidated Earnings Forecast and Other Information on Future Projections" on page 3 of the appended material.

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