FY2022 Second Quarter Consolidated Financial Results

November 9, 2022

Company name:

Nissan Shatai Co., Ltd.

Tokyo Stock Exchange

Code no.:

7222

URL: https://www.nissan-shatai.co.jp/EN/

Representative:

Haruhiko Yoshimura, President

Contact person:

Takanori Nakatsugawa, General Manager of Administration Department

Tel.: +81-463-21-8001

Scheduled date of filing quarterly securities report: November 11, 2022

Scheduled date of payment of cash dividends: December 1, 2022

Supplementary materials for financial results: Yes

Quarterly results briefing: No

(Amounts less than one million yen are rounded down.)

1. Consolidated Financial Results for FY2022 Second Quarter (April 1, 2022 through September 30, 2022)

  1. Consolidated Operating Results (fiscal year-to-date)

(Percentage figures represent year-on-year changes.)

Net sales

Operating income

Ordinary income

Profit attributable to

owners of parent

million yen

%

million yen

%

million yen

%

million yen

%

FY2022 2Q

130,945

13.7

(1,040)

(633)

(544)

FY2021 2Q

115,151

(544)

(339)

(211)

Note: Comprehensive income: -636 million yen (-%) for FY2022 2Q, -280 million yen (-%) for FY2021 2Q

Earnings per

Diluted earnings

share

per share

yen

yen

FY2022 2Q

(4.02)

FY2021 2Q

(1.56)

Note: Nissan Shatai has applied the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, March 31, 2020), etc. effective from the beginning of the first quarter of the previous consolidated fiscal year. The Accounting Standard for Revenue Recognition has been accounted for in the consolidated financial results for the fiscal year ending in March 2022, and the year-on-year increase/decrease of net sales is not presented as the application of the Accounting Standard for Revenue Recognition will have significant effect on net sales.

  1. Consolidated Financial Position

Total assets

Net assets

Capital adequacy ratio

Net assets per share

million yen

million yen

%

yen

FY2022 2Q

234,378

170,673

72.8

1,260.02

FY2021

231,233

172,190

74.5

1,271.22

Reference: Owner's equity: 170,673 million yen for FY2022 2Q, 172,190 million yen for FY2021

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2. Dividends

Annual cash dividends per share

At 1st quarter end

At 2nd quarter end

At 3rd quarter end

At fiscal year end

Total

yen

yen

yen

yen

yen

FY2021

6.50

6.50

13.00

FY2022

6.50

FY2022

forecast

6.50

13.00

Note: Revision to the most recently announced dividend forecast: None

3. Forecast of Consolidated Operating Results for FY2022 (April 1, 2022 through March 31, 2023)

(Percentage figures represent year-on-year changes.)

Operating

Profit attributable

Earnings per

Net sales

Ordinary income

to owners of

income

share

parent

million yen

%

million yen

%

million yen

%

million yen

%

yen

FY2022

314,300

45.9

9,500

9,900

6,400

47.25

Note: Revision to the most recently announced operating results forecast: None

  • Notes
  1. Significant changes in scope of consolidation: None
  2. Use of accounting methods specifically for the preparation of the quarterly consolidated financial statements: Applicable
  3. Changes in accounting principles and estimates, and retrospective restatement
  1. Changes in accounting policies due to amendment of accounting standard: Applicable

ii. Changes in accounting policies other than (i) above:

None

iii. Changes in accounting estimates:

None

iv. Retrospective restatement:

None

(4) Number of shares issued (common stock)

i. Number of shares issued at end of period

FY2022 1Q

157,239,691

FY2021

157,239,691

(including treasury stock)

ii. Number of shares of treasury stock at

FY2022 1Q

21,786,755

FY2021

21,786,755

end of period

iii. Average number of shares issued during

FY2022 1Q

135,452,936

FY2021 1Q

135,453,044

period (cumulative quarterly)

  • This report is exempt from the quarterly audit procedure by certified public accountants and auditing firms
  • Appropriate use of forecasts

The operating result forecast and other forward-looking statements contained in this report are based on information currently available to the Company and certain assumptions the Company considers reasonable. Final results may differ significantly from forecasts due to a variety of factors.

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Nissan Shatai Co. Ltd. published this content on 09 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2022 08:20:03 UTC.