Note : This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

Consolidated Financial Results

for the Third Quarter of the Fiscal Year Ending December 31, 2021

(Nine Months Ended September 30, 2021)

[Japanese GAAP]

November 12, 2021

Company name: Orchestra Holdings Inc.

Listing: Tokyo Stock Exchange, First Section

Stock code:

6533

URL: https://orchestra-hd.co.jp/

Representative:

Yoshiro Nakamura, President and Representative Director

Contact:

Naomi Iyogi, Director and CFO

Tel: +81-3-6450-4307

Scheduled date of filing of Quarterly Report:

November 12, 2021

Scheduled date of payment of dividend:

-

Preparation of supplementary materials for quarterly financial results: Yes

Holding of quarterly financial results meeting:

None

(All amounts are rounded down to the nearest million yen)

1. Consolidated Financial Results for the First Nine Months of 2021 (January 1 to September 30, 2021)

(1) Consolidated results of operations

(Percentages represent year-on-year changes)

Net sales

Operating profit

Ordinary profit

Profit attributable to

owners of parent

Million yen

%

Million yen

%

Million yen

%

Million yen

%

Nine months ended Sep. 30, 2021

11,887

39.9

906

94.5

918

98.8

519

87.1

Nine months ended Sep. 30, 2020

8,494

26.4

466

26.0

462

22.7

277

31.9

Note: Comprehensive income (millions of yen)

Nine months ended Sep. 30, 2021:

741

(up 81.8%)

Nine months ended Sep. 30, 2020:

407

(up 93.7%)

Basic earnings per

Diluted earnings per share

share

Yen

Yen

Nine months ended Sep. 30, 2021

53.06

52.90

Nine months ended Sep. 30, 2020

30.33

28.30

(2) Consolidated financial position

Total assets

Net assets

Equity ratio

Million yen

Million yen

%

As of Sep. 30, 2021

8,822

4,749

47.0

As of Dec. 31, 2020

4,689

1,885

38.9

Reference: Shareholders' equity (millions of yen)

As of Sep. 30, 2021: 4,143

As of Dec. 31, 2020: 1,823

2. Dividends

Dividends per share

1Q-end

2Q-end

3Q-end

Year-end

Total

Yen

Yen

Yen

Yen

Yen

2020

-

0.00

-

7.00

7.00

2021

-

0.00

-

2021 (forecast)

8.00

8.00

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

3. Consolidated Forecast for 2021 (January 1 to December 31, 2021)

(Percentages represent year-on-year changes)

Net sales

Operating profit

Ordinary profit

Profit attributable to

Basic earnings per

owners of parent

share

Million yen

%

Million yen

%

Million yen

%

Million yen

%

Yen

Full year

15,620

32.1

1,131

64.8

1,124

64.6

702

61.2

71.69

Note: Revisions to the most recently announced consolidated forecast: None

1

* Notes

(1) Changes in significant subsidiaries during the period (change in scope of consolidation): None

Newly added: -

Excluded: -

  1. Application of special accounting methods for presenting quarterly consolidated financial statements: None
  2. Changes in accounting policies and accounting -based estimates, and restatements
    1. Changes in accounting policies due to revisions in accounting standards, others: None
    2. Changes in accounting policies other than 1) above: None
    3. Changes in accounting-based estimates: None
    4. Restatements: None
  3. Number of shares issued (common stock)
    1. Number of shares issued at the end of the period (including treasury shares)

As of Sep. 30, 2021:

9,793,600 shares

As of Dec. 31, 2020:

9,789,600 shares

2) Number of treasury shares at the end of the period

As of Sep. 30, 2021:

97 shares

As of Dec. 31, 2020:

97 shares

3) Average number of shares during the period

Nine months ended Sep. 30, 2021:

9,791,745 shares

Nine months ended Sep. 30, 2020:

9,157,012 shares

  • The current financial report is not subject to quarterly review by certified public accountants or auditing firms.
  • Cautionary statement with respect to forward-looking statements, and other special items
    Forecasts of future performance in this document are based on assumption judged to be valid and information currently available to the Company's management, but are not promises by the Company regarding future performance. Actual results may differ materially from the forecasts for a number of reasons.
  • This is a part of summary of "Kessan Tanshin (in English)" for the fiscal third quarter ended December 31, 2021. We plan to disclose all of "Kessan Tanshin (in English)" at a later date.

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Orchestra Holdings Inc. published this content on 12 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 November 2021 08:26:21 UTC.