T Gaia : Summary Version of Consolidated Financial Results for the Third Quarter of Fiscal Year Ending March 31, 2021

(Summery Translation)

Consolidated Financial Results for the Third Quarter of Fiscal Year Ending March 31, 2021 (Nine Months Ended December 31, 2020) (Based on J-GAAP)

			February 3, 2021
Company name:	T-Gaia Corp.	Listing:	Tokyo Stock Exchange, First Section
Stock code:	3738	URL:	https://www.t-gaia.co.jp/
Representative:	Nobutaka Kanaji, President & CEO
Contact:	Kaoru Hayashi, Managing Officer & General Manager of Corporate Planning & Strategy Dept.
	Tel: [phone]

Scheduled date of filing Securities Report: February 8, 2021

Scheduled commencement date of dividend payout: -

Financial results supplementary explanatory documents: Yes

Financial results presentation: None

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

1. Consolidated Financial Results for the Third Quarter of Fiscal Year Ending March 31, 2021 (April 1, 2020 -December 31, 2020)

	(1) Consolidated results of operations (nine months)						(Percentages represent year-over-year changes)
						Net sales			Operating profit		Ordinary profit			Profit attributable to
											owners of parent
				Million yen		%	Million yen	%		Million yen		%		Million yen	%
	3Q FY 2021		310,526		(12.5)	8,527	(9.2)	13,610		(1.4)		9,437	1.6
	3Q FY 2020		354,957		(5.8)	9,388	(13.3)	13,797		(8.4)		9,291	(8.5)
	(Note) Comprehensive income (million yen):			3Q FY 2021: 9,395 / 0.8%		3Q FY 2020: 9,319 / (8.0%)
				Earnings per share	Diluted earnings
									per share
							Yen			Yen
	3Q FY 2021			169.33			-
	3Q FY 2020			166.72			-
(2) Consolidated financial position
					Total assets			Net assets		Equity ratio
							Million yen					Million yen					%
	3Q FY 2021					234,156					60,224					25.7
	FY 2020					181,378					55,102					30.4
	Reference: Shareholders' equity (million yen): 3Q FY 2021: 60,197			FY 2020: 55,076
	2. Dividends
								Annual dividends
			1Q-end		Interim		3Q-end		Year-end		Annual
				Yen		Yen		Yen				Yen			Yen
	FY 2020				-		37.50		-				37.50		75.00
	FY 2021				-		37.50		-
	FY 2021													37.50		75.00
	(forecasts)
	Note: Revisions to the dividend forecast in the current quarter: None

3. Consolidated forecasts for the Fiscal Year Ending March 31, 2021(April 1, 2020 - March 31, 2021)

(Percentages represent year-over-year changes)

	Net sales		Operating profit	Ordinary profit	Profit attributable to	Earnings per
		owners of parent	share
	Million yen		%	Million yen	%	Million yen	%	Million yen	%	Yen
Full year	451,000		(4.9)	12,700	(7.5)	18,600	(3.1)	12,500	(1.0)	224.27

Note: Revisions to the financial forecast in the current quarter: None

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Notes

1. Changes in significant subsidiaries during the consolidated period (nine months) under review (changes in subsidiaries accompanying change in the scope of consolidation): None
2. Changes in accounting procedures specific to creation of quarterly consolidated financial statements: None
3. Changes in accounting principles, estimates and restatement
4. 1. Changes in accounting principles caused by revision of accounting standards: None
   2. Changes in accounting principles other than those mentioned above: None
   3. Changes in accounting estimates: None
   4. Restatement: None
5. Number of shares issued and outstanding (shares of common stock)

1. Number of shares outstanding (including treasury stock) at end of period
2. Number of treasury stock at end of period
3. Average number of shares outstanding during the period (nine months)

3Q FY 2021	56,074,000 shares	FY 2020	56,074,000 shares
3Q FY 2021	338,866 shares	FY 2020	341,827 shares
3Q FY 2021	55,733,864 shares	3Q FY 2020	55,730,602 shares

• The summary of business results is not subject to audit.
• Cautionary statement with respect to forward-looking statements
  (Disclaimer on forward-looking statements)
  These materials contain forward-looking information including earnings projections based on information currently available to the Company and certain assumptions considered reasonable in the judgment of the Company. Nothing contained in these materials is meant to suggest that the Company promises to attain the said projections. Moreover, due to various factors, actual results may materially differ from projections.

(Concerning financial results supplementary explanatory documents and financial results presentation) Financial results supplementary explanatory documents will be posted in Japanese on February 3, 2021.

• English version of Financial results supplementary explanatory documents will be posted on the English site for Investors of T-Gaia Corporation within days.

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