Sohgo Security Services : Summary of Selected Financial Data Third Quarter Ended December 31, 2021

Summary of Selected Financial Data

Third Quarter Ended December 31, 2021

Sohgo Security Services Co., Ltd.

	1. Consolidated Financial Results
	(1) Consolidated Statements of Income
		April 1 - June 30		July 1 - September 30	October 1 - December 31	3Q Accounting Period
					Increase/					Increase/			Increase/		FY2022	Increase/
		FY2021		FY2022	Decrease		FY2021	FY2022		Decrease	FY2021	FY2022	Decrease	FY2021	Decrease
					(Forecast)
					(%)					(%)			(%)			(%)
	Net Sales	110.1		117.0	6.2		115.7	128.2		10.9	116.5	118.4	1.7	342.4	363.7	6.2
	(Billion yen)
	Operating Income	7.3		9.7	32.3		8.4	15.0		78.2	9.2	9.8	6.0	25.1	34.6	38.0
	(Billion yen)
	Ordinary Income	7.6		10.0	31.0		8.8	15.7		78.6	9.7	10.4	6.5	26.2	36.1	37.8
	(Billion yen)
	Profit Attributable to
	Owners of Parent	4.5		6.0	35.4		5.4	9.9		83.2	5.9	7.0	18.2	15.9	23.1	45.3
	(Billion yen)
	Net Income Per Share	44.48		60.24	-		53.91	98.77		-	58.84	69.53	-	157.23	228.54	-
	(Yen)
		1Q Accounting Period		2Q Accounting Period	3Q Accounting Period	Annual Finacial Results
					Increase/					Increase/			Increase/		FY2022	Increase/
		FY2021		FY2022	Decrease		FY2021	FY2022		Decrease	FY2021	FY2022	Decrease	FY2021	Decrease
					(Forecast)
					(%)					(%)			(%)			(%)
	Net Sales	110.1		117.0	6.2		225.8	245.2		8.6	342.4	363.7	6.2	469.9	500.5	6.5
	(Billion yen)
	Operating Income	7.3		9.7	32.3		15.8	24.8		56.8	25.1	34.6	38.0	37.1	42.1	13.2
	(Billion yen)
	Ordinary Income	7.6		10.0	31.0		16.4	25.7		56.4	26.2	36.1	37.8	39.2	43.5	10.9
	(Billion yen)
	Profit Attributable to
	Owners of Parent	4.5		6.0	35.4		9.9	16.0		61.6	15.9	23.1	45.3	25.0	27.5	9.9
	(Billion yen)
	Net Income Per Share	44.48		60.24	-		98.39	159.01		-	157.23	228.54	-	247.09	271.65	-
	(Yen)
	(2) Consolidated Balance Sheets
		FY2020 3Q	FY2021 3Q	FY2022 3Q
	Total Assets	462.0		483.7	496.9
	(Billion yen)
	Net Assets	268.8		282.6	320.0
	(Billion yen)
	Equity Ratio	52.8		53.0	59.0
	(%)
	Net Assets Per Share	2,410.13		2,533.45	2,895.63
	(Yen)
	(3) Consolidated Statements of Cash Flows
		FY2020 3Q	FY2021 3Q	FY2022 3Q
	Net Cash provided by
	(used in) Operating	22.8		38.3	18.3
	Activities (Billion yen)
	Net Cash provided by
	(used in) Investing	(11.4)		(32.9)	(8.8)
	Activities (Billion yen)
	Net Cash provided by
	(used in) Financing	(9.6)		(4.8)	(11.8)
	Activities (Billion yen)
	Cash and Cash Equivalents
	at End of Period	45.1		49.3	50.8
	(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	-		-	38		00	-		-	-	-	-	-
	FY2022(Forecast)	-		-	-		-	-		-	38	00	76	00

	2. Major Items
	(1) Sales by Business Segment						(Billion yen)
				Increase/			Increase/
		FY2021 3Q	Share(%)	Decrease	FY2022 3Q	Share(%)	Decrease
				(%)			(%)
	Security Services
	Electric Security Services	128.2	37.5	(0.3)	131.4	36.1	2.5
	Stationed Security Services	83.6	24.4	(5.2)	97.5	26.8	16.7
	Transportation Security Services	49.1	14.4	0.4	50.9	14.0	3.6
	Total	261.0	76.2	(1.8)	279.9	77.0	7.2
	General Property Management	47.0	13.7	(3.9)	48.0	13.2	2.0
	and Fire Protection Services
	Long-Term Care Services	30.2	8.8	44.9	31.3	8.6	3.7
	Total for Reportable Segments	338.3	98.8	0.8	359.3	98.8	6.2
	Other Services	4.0	1.2	18.9	4.4	1.2	9.9
	Total	342.4	100.0	1.0	363.7	100.0	6.2
	(2) Contracts by Business Segment					(Contracts : Thousands)
		FY2019	FY2020 3Q	FY2020	FY2021 3Q	FY2021	FY2022 3Q
	Security Services
	Electric Security Services	949	969	973	988	990	1,008
	Corporate Clients	520	532	533	540	540	549
	Individual Clients	428	437	439	447	449	458
	Stationed Security Services	4	4	4	4	4	4
	Transportation Security Services	75	77	77	78	79	79
	Total	1,029	1,051	1,055	1,072	1,073	1,092
	General Property Management	104	109	109	113	113	119
	and Fire Protection Services
	Long-Term Care Services	25	26	24	28	27	28
	Total for Reportable Segments	1,159	1,186	1,189	1,214	1,215	1,240
	Other Services	25	28	29	35	29	34
	Total	1,185	1,214	1,219	1,249	1,244	1,274
		FY2020 3Q	Increase/	FY2021 3Q	Increase/	FY2022 3Q	Increase/
		Increase/	Decrease	Increase/	Decrease	Increase/	Decrease
		Decrease	(%)	Decrease	(%)	Decrease	(%)
	Security Services
	Electric Security Services	19	2.1	15	1.6	18	1.8
	Corporate Clients	11	2.2	7	1.4	8	1.6
	Individual Clients	8	1.9	8	2.0	9	2.1
	Stationed Security Services	0	1.1	(0)	(1.0)	0	1.7
	Transportation Security Services	1	1.9	1	1.5	0	0.6
	Total	21	2.1	16	1.6	18	1.7
	General Property Management	4	4.6	4	3.8	5	4.6
	and Fire Protection Services
	Long-Term Care Services	0	2.8	3	12.7	1	4.0
	Total for Reportable Segments	26	2.3	24	2.0	24	2.1
	Other Services	2	9.0	6	20.9	4	16.1
	Total	29	2.5	30	2.5	29	2.4

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

	FY2020 3Q	FY2021 3Q	FY2022 3Q
Net Sales	1.89	1.93	1.89
Operating Income	1.91	2.01	1.99
Ordinary Income	1.22	1.16	1.28
Profit Attributable to	0.95	0.86	1.01
Owners of Parent
Total Assets	1.41	1.44	1.46
(4) Trends in Personnel
						(Personnel)
	FY2019	FY2020 3Q	FY2020	FY2021 3Q	FY2021	FY2022 3Q
Empoyees	37,417	38,037	37,902	38,652	38,444	38,593
	FY2020 3Q	Increase/	FY2021 3Q	Increase/	FY2022 3Q	Increase/
previous period>	Increase/	Decrease	Increase/	Decrease	Increase/	Decrease
Decrease	(%)	Decrease	(%)	Decrease	(%)
Empoyees	620	1.7	750	2.0	149	0.4
(5) Capital Expenditure / Depreciation / Research and Development Expenditure
							(Billion yen)
		Increase/		Increase/		Increase/	FY2022
	FY2020 3Q	Decrease	FY2021 3Q	Decrease	FY2022 3Q	Decrease
	(Forecast)
		(%)		(%)		(%)
Capital Expenditure	9.3	1.4	8.9	(4.0)	9.8	9.4	18.3
Depreciation	11.1	(1.8)	11.8	6.6	12.4	4.9	18.6
Research and
Development	0.3	(5.1)	0.4	7.8	0.4	(2.0)	0.6
Expenditure

	3. Consolidated Financial Statements
	(1) Consolidated Statements of Income (YoY)
						(Billion yen)
		FY2021 3Q	FY2022 3Q	YoY
								Increase/
		Amount	Share(%)	Amount	Share(%)	Amount	Decrease
								(%)
	Net Sales	342.4	100.0	363.7	100.0	21.3		6.2
	Cost of Sales	257.1	75.1	269.4	74.1	12.3		4.8
	Gross Profit	85.2	24.9	94.3	25.9	9.0		10.6
	Selling, General and Administrative	60.1	17.6	59.6	16.4	(0.4)		(0.8)
	Expenses
	Operating Income	25.1	7.3	34.6	9.5	9.5		38.0
	Non-operating Income	3.4	1.0	3.6	1.0	0.2		7.1
	Non-operating Expenses	2.2	0.7	2.1	0.6	(0.1)		(5.6)
	Ordinary Income	26.2	7.7	36.1	9.9	9.9		37.8
	Extraordinary Income	0.1	0.1	1.3	0.4	1.1		647.0
	Extraordinary Loss	0.1	0.0	0.3	0.1	0.2		207.7
	Profit Attributable to Owners of parent	15.9	4.6	23.1	6.4	7.2		45.3
	(2) Consolidated Statements of Income (Main variable factors)
										(Billion yen)
		YoY
			Increase/					Factors
		Amount	Decrease
			(%)
				Security Services					18.9
				Electronic Security Services			3.1
				Stationed Security Services			13.9
				Transportation Security Services			1.7
	Net Sales	21.3	6.2	General Property Management and Fire Protection Services	0.9
				Long-Term Care Services			1.1
				Other Services					0.3
	Cost of Sales	12.3	4.8	Labor cost						1.2
	Expenses						13.2
	Gross Profit	9.0	10.6
	Selling, General and Administrative	(0.4)	(0.8)
	Expenses
	Operating Income	9.5	38.0
	Non-operating Income	0.2	7.1
	Non-operating Expenses	(0.1)	(5.6)
	Ordinary Income	9.9	37.8
	Extraordinary Income	1.1	647.0	Compensive income					1.0
	Gain on sale of non-current assets			0.1
	Extraordinary Loss	0.2	207.7	Impairment losses					0.2
	Profit Attributable to Owners of parent	7.2	45.3