Sohgo Security Services : Summary of Selected Financial Data First Quarter Ended June 30, 2021

Summary of Selected Financial Data First Quarter Ended June 30, 2021

Sohgo Security Services Co., Ltd.

	1. Consolidated Financial Results
	(1) Consolidated Statements of Income
		1Q Accounting Period	2Q Accounting Period	Annual Finacial Results
				Increase/		FY2022	Increase/		FY2022	Increase/
		FY2021	FY2022	Decrease	FY2021	Decrease	FY2021	Decrease
		(Forecast)	(Forecast)
				(%)			(%)			(%)
	Net Sales	110.1	117.0	6.2	225.8	249.0	10.2	469.9	500.5	6.5
	(Billion yen)
	Operating Income	7.3	9.7	32.3	15.8	19.1	20.6	37.1	42.1	13.2
	(Billion yen)
	Ordinary Income	7.6	10.0	31.0	16.4	19.8	20.2	39.2	43.5	10.9
	(Billion yen)
	Profit Attributable to
	Owners of Parent	4.5	6.0	35.4	9.9	12.5	25.5	25.0	27.5	9.9
	(Billion yen)
	Net Income Per Share	44.48	60.24	-	98.39	123.48	-	247.09	271.65	-
	(Yen)
	(2) Consolidated Balance Sheets
		FY2020 1Q	FY2021 1Q	FY2022 1Q
	Total Assets	418.3	459.7	470.5
	(Billion yen)
	Net Assets	257.8	272.5	306.5
	(Billion yen)
	Equity Ratio	55.9	53.8	59.5
	(%)
	Net Assets Per Share	2,309.25	2,443.21	2,763.38
	(Yen)

(3) Consolidated Statements of Cash Flows

FY2020 1Q FY2021 1Q FY2022 1Q

Net Cash provided by

(used in) Operating3.3 11.6 (2.1) Activities (Billion yen)

Net Cash provided by
(used in) Investing	(4.7)		(19.4)	(1.9)
Activities (Billion yen)
Net Cash provided by
(used in) Financing	(0.5)		3.9	(2.3)
Activities (Billion yen)
Cash and Cash Equivalents
at End of Period	41.4		44.8	46.7
(Billion yen)
(4) Dividend
							Dividends Per Share
	End of 1Q		End of 2Q		End of 3Q		Year-end		Annual
	Yen		Yen		Yen		Yen		Yen
FY2021	-		-	35		00	-		-	37		00	72		00
FY2022(Forecast)	-		-	38		00	-		-	38		00	76		00

	2. Major Items
	(1) Sales by Business Segment						(Billion yen)
				Increase/			Increase/
		FY2021 1Q	Share(%)	Decrease	FY2022 1Q	Share(%)	Decrease
				(%)			(%)
	Security Services
	Electric Security Services	41.6	37.8	(0.2)	43.5	37.2	4.7
	Stationed Security Services	27.8	25.2	(3.7)	29.6	25.3	6.6
	Transportation Security Services	15.9	14.5	0.0	16.6	14.2	3.9
	Total	85.4	77.5	(1.3)	89.8	76.8	5.2
	General Property Management	13.7	12.4	(8.6)	15.3	13.1	12.2
	and Fire Protection Services
	Long-Term Care Services	9.8	8.9	44.7	10.3	8.8	5.1
	Total for Reportable Segments	108.9	98.9	0.5	115.5	98.7	6.0
	Other Services	1.2	1.1	16.5	1.4	1.3	20.4
	Total	110.1	100.0	0.7	117.0	100.0	6.2
	(2) Contracts by Business Segment						(Contract)
		FY2019	FY2020 1Q	FY2020	FY2021 1Q	FY2021	FY2022 1Q
	Security Services
	Electric Security Services	949,858	959,594	973,066	977,957	990,155	997,274
	Corporate Clients	520,942	527,172	533,733	536,322	540,410	543,943
	Individual Clients	428,916	432,422	439,333	441,635	449,745	453,331
	Stationed Security Services	4,485	4,485	4,468	4,458	4,371	4,397
	Transportation Security Services	75,652	76,701	77,791	78,302	79,289	79,284
	Total	1,029,995	1,040,780	1,055,325	1,060,717	1,073,815	1,080,955
	General Property Management	104,254	107,110	109,697	111,954	113,880	115,824
	and Fire Protection Services
	Long-Term Care Services	25,364	25,931	24,976	26,621	27,503	27,692
	Total for Reportable Segments	1,159,613	1,173,821	1,189,998	1,199,292	1,215,198	1,224,471
	Other Services	25,896	26,343	29,382	33,545	29,693	33,610
	Total	1,185,509	1,200,164	1,219,380	1,232,837	1,244,891	1,258,081
		FY2020 1Q	Increase/	FY2021 1Q	Increase/	FY2022 1Q	Increase/
		Increase/	Decrease	Increase/	Decrease	Increase/	Decrease
		Decrease	(%)	Decrease	(%)	Decrease	(%)
	Security Services
	Electric Security Services	9,736	1.0	4,891	0.5	7,119	0.7
	Corporate Clients	6,230	1.2	2,589	0.5	3,533	0.7
	Individual Clients	3,506	0.8	2,302	0.5	3,586	0.8
	Stationed Security Services	0	0.0	(10)	(0.2)	26	0.6
	Transportation Security Services	1,049	1.4	511	0.7	(5)	(0.0)
	Total	10,785	1.0	5,392	0.5	7,140	0.7
	General Property Management	2,856	2.7	2,257	2.1	1,944	1.7
	and Fire Protection Services
	Long-Term Care Services	567	2.2	1,645	6.6	189	0.7
	Total for Reportable Segments	14,208	1.2	9,294	0.8	9,273	0.8
	Other Services	447	1.7	4,163	14.2	3,917	13.2
	Total	14,655	1.2	13,457	1.1	13,190	1.1

1. Consolidated / Non-consolidated Ratio (Ratio of when individual financial results counted as 1) (Times)

	FY2020 1Q	FY2021 1Q	FY2022 1Q
Net Sales	1.89	1.92	1.92
Operating Income	1.96	1.96	2.06
Ordinary Income	0.66	0.59	0.69
Profit Attributable to	0.44	0.38	0.47
Owners of Parent
Total Assets	1.42	1.43	1.48
(4) Trends in Personnel
						(Personnel)
	FY2019	FY2020 1Q	FY2020	FY2021 1Q	FY2021	FY2022 1Q
Empoyees	37,417	38,170	37,902	39,066	38,444	39,105
	FY2020 1Q	Increase/	FY2021 1Q	Increase/	FY2022 1Q	Increase/
previous period>	Increase/	Decrease	Increase/	Decrease	Increase/	Decrease
Decrease	(%)	Decrease	(%)	Decrease	(%)
Empoyees	753	2.0	1,164	3.1	661	1.7
(5) Capital Expenditure / Depreciation / Research and Development Expenditure
							(Billion yen)
		Increase/		Increase/		Increase/	FY2022
	FY2020 1Q	Decrease	FY2021 1Q	Decrease	FY2022 1Q	Decrease
	(Forecast)
		(%)		(%)		(%)
Capital Expenditure	2.5	(31.6)	3.1	22.4	2.8	(8.5)	18.3
Depreciation	3.7	(2.0)	3.9	5.9	3.9	0.5	18.6
Research and
Development	0.1	13.9	0.1	(13.8)	0.1	3.0	0.6
Expenditure

	3. Consolidated Financial Statements
	(1) Consolidated Statements of Income (YoY)
						(Billion yen)
		FY2021 1Q	FY2022 1Q	YoY
							Increase/
		Amount	Share(%)	Amount	Share(%)	Amount	Decrease
							(%)
	Net Sales	110.1	100.0	117.0	100.0	6.8		6.2
	Cost of Sales	82.5	74.9	87.3	74.7	4.8		5.9
	Gross Profit	27.6	25.1	29.6	25.3	1.9		7.1
	Selling, General and Administrative	20.2	18.4	19.8	17.0	(0.4)		(2.0)
	Expenses
	Operating Income	7.3	6.7	9.7	8.3	2.3		32.3
	Non-operating Income	1.1	1.0	0.9	0.8	(0.1)		(16.1)
	Non-operating Expenses	0.8	0.7	0.6	0.6	(0.1)		(20.8)
	Ordinary Income	7.6	7.0	10.0	8.6	2.3		31.0
	Extraordinary Income	-	-	0.0	0.1	0.0		-
	Extraordinary Loss	0.0	0.0	0.0	0.1	0.0		317.4
	Profit Attributable to Owners of parent	4.5	4.1	6.0	5.2	1.5		35.4
	(2) Consolidated Statements of Income (Main variable factors)
										(Billion yen)
		YoY
			Increase/					Factors
		Amount	Decrease
			(%)
				Security Services					4.4
				Electronic Security Services			1.9
				Stationed Security Services			1.8
				Transportation Security Services			0.6
	Net Sales	6.8	6.2	General Property Management and Fire Protection Services	1.6
				Long-Term Care Services			0.4
				Other Services					0.2
	Cost of Sales	4.8	5.9	Labor cost						0.1
	Expenses						3.5
	Gross Profit	1.9	7.1
	Selling, General and Administrative	(0.4)	(2.0)
	Expenses
	Operating Income	2.3	32.3
	Non-operating Income	(0.1)	(16.1)
	Non-operating Expenses	(0.1)	(20.8)
	Ordinary Income	2.3	31.0
	Extraordinary Income	0.0	-	Gain on sale of non-current assets			0.0
	Gain on sale of investment securities			0.0
	Extraordinary Loss	0.0	317.4	Loss on valuation of investment securities	0.0
	Loss on sale of investment securities			0.0
	Profit Attributable to Owners of parent	1.5	35.4