Take and Give Needs : Financial Results for FY2020

	TAKE and GIVE NEEDS
	Consolidated Financial Statements
	For the Fiscal Year Ended March 31,2021
	Tokyo, May 13, 2021
Stock Code :	4331 TSE 1st Section
Representative :	Kenji Iwase, Representative Director ,President
Contact :	Masahiro Tanida, Director
TEL :	[phone]
URL :	https://www.tgn.co.jp/company/english/company/

1. Consolidated Financial Results

(Millions of yen: amounts are rounded down to nearest million yen)

1. Results of Operations

Total sales

Operating

Recurring

Net income

EPS

profit

profit

attributable to owners

of the parent

JPY mn

%

JPY mn

%

JPY mn

%

JPY mn

%

JPY

Mar.31,2021

20,044

△68.5

△11,191

―

△11,687

―

△16,214

―

△1,250.73

Mar.31,2020

63,678

△4.8

3,579

△16.4

3,381

△13.3

1,003

△56.1

77.46

Note "%" indicates the year-on-year percentage change

Comprehensive income

Fiscal year ended March 31,2021：△16,339 million yen

Fiscal year ended March 31,2020：

935 million yen

(2) Financial Position

Total Assets

Net Assets

Equity Ratio

JPY mn

JPY mn

％

Mar.31,2021

48,578

7,237

14.9

Mar.31,2020

58,197

23,797

40.6

（Reference） Shareholders' equity

Fiscal year ended March 31,2021 : 7,237 million yen

Fiscal year ended March 31,2020 : 23,611 million yen

1. Forecast for the year ending March 31, 2022

Total sales

Operating

Recurring

Net income

EPS

attributable to owners of

profit

profit

the parent

JPY mn

%

JPY mn

%

JPY mn

%

JPY mn

%

JPY

Six months ending

19,500

215.3

△650

―

△950

―

△900

―

△80.97

Sep.30,2021

~20,000

~223.4

~△300

~△600

~△550

~△42.41

Year ending

42,000

109.5

600

―

0

―

△700

―

△53.98

Mar. 31,2022

~45,000

~124.5

~2,500

~1,900

~800

~61.69

2. Note

1. Significant changes in scope of consolidation(changes in scope of consolidation of specifies subsidiaries): Yes

Newly consolidated	:	None
Excluded from the scope of consolidation	:	ARLUIS WEDDING(GUAM) CORPORATION

1. Changes in accounting policies and accounting estimates
2. 1. Changes in accounting policies by the revision of accounting standard: No
   2. Changes in accounting policies other than those in [1]: No
   3. Changes in accounting estimates: No
   4. Restatement: No

1. Number of shares issued(common stock)
2. 1. Number of shares issued (including treasury stock)
   2. Number of shares of treasury stock
   3. Number of average shares outstanding during April 1,2020- Mar.31,2021

As of	13,059,330	As of	13,059,330
Mar.31,2021	Shares	Mar.31.2020	Shares
As of	91,612	As of	104,412
Mar.31,2021	Shares	Mar.31,2020	Shares
As of	12,964,402	As of	12,954,517
Mar.31,2021	Shares	Mar.31,2020	Shares

*This consolidated financial report is not subject to review procedures by certified public accountants or an audit firm.

*Note to forecasts on the consolidated results of operations and other items.

Descriptions regarding the future are estimated based on the information that the Company is able to obtain at the present point in time and assumptions which are deemed to be reasonable. However, actual results may be different due to various factors.

*Supplementary materials on financial results can be found on the website"TDnet".

• Dividends on Class Shares

The following shows breakdown of dividends per share on Class Preferred Shares with different rights from those of common shares.

Class 1 Preferred Shares		Dividends per Share(JPY)
1st Quarter	2nd Quarter	3rd Quarter		Year-End	Annual
	JPY	JPY	JPY		JPY	JPY
Year ended Mar.31,2020	－	－	－			－	－
Year ended Mar.31,2021	－	－	－			－	－
Year ending Mar.31,2022	－	44,000.00				44,000.00	88,000.00
(Forecast)
Class 2 Preferred Shares		Dividends per Share(JPY)
1st Quarter	2nd Quarter	3rd Quarter			Year-End	Annual
	JPY	JPY	JPY			JPY	JPY
Year ended Mar.31,2020
－	－	－			－	－
Year ended Mar.31,2021	－	－	－			－	－
Year ending Mar.31,2022	－	15,000.00				15,000.00	30,000.00
(Forecast)

The above Class 1 and Class 2 Preferred Shares were issued on Apr.20,2021.

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Contents

1.	Consolidated Financial Results	1
	(1)	Results of Operations	1
	(2)	Financial Position	1
	(3) Forecast for the year ending March 31, 2022	1
2. Note	2
3.	Consolidated Financial Statements	4
	(1)	Consolidated balance sheet	4
	(2)	Consolidated statement of income and comprehensive income	6
	(3)	Consolidated Statement of changes in shareholders' equity	8
	(4)	Consolidated statement of cash flows	10
4.	Significant subsequent events	12

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3 .Consolidated Financial Statements

(1) Consolidated balance sheet			Million yen, rounded down
		As of Mar.31,2020	As of Mar.31, 2021
	ASSETS
	Current assets
	Cash and deposits		6,455	4,594
	Trade accounts receivable		642	218
	Trade loans receivable		2,774	1,936
	Merchandise		174	163
	Supplies		90	57
	Prepaid expenses		1,049	529
	Other current assets		309	532
	Allowance for doubtful accounts		△68	△118
	Total current assets	11,428	7,912
	Fixed assets
	Tangible fixed assets
	Buildings and structures	35,260	31,739
	Accumulated depreciation and accumulated impairment loss		△17,973	△18,108
	Buildings and structures (net)	17,286	13,631
	Machinery and vehicles	123	110
	Accumulated depreciation and accumulated impairment loss		△111	△108
	Machinery and vehicles (net)	11	1
	Furniture, tools and fixtures	7,333	6,343
	Accumulated depreciation and accumulated impairment loss		△6,025	△5,626
	Furniture, tools and fixtures (net)	1,307	717
	Land	15,284	15,042
	Lease assets		4,436
		4,460
	Accumulated depreciation and accumulated impairment loss		△1,550	△1,764
	Lease assets (net)	2,910	2,671
	Construction in progress	324	149
	Total tangible fixed assets	37,124	32,214
	Intangible fixed assets
	Goodwill	101	60
	Other		361	195
	Total intangible fixed assets	462	256
	Investment and other assets
	Investment securities	21	105
	Long-term loans		116
		134
	Long-term prepaid expenses		166	96
	Deferred tax assets		3,188	3,131
	Security deposits		5,808	4,811
	Other		127	83
	Allowance for doubtful accounts		△193	△150
	Total investment and other assets	9,182	8,194
	Total fixed assets	46,769	40,665
	Total Assets	58,197	48,578
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		Million yen, rounded down
	As of Mar.31, 2020	As of Mar.31, 2021
LIABILITIES
Current liabilities
Trade accounts payable	1,313	1,092
Short-term borrowings	2,330	11,105
Current portion of long-term borrowings	5,554	4,689
Accounts payable - other			1,802
	2,101
Accrued income taxes		814	102
Accrued bonuses		695	416
Provision for Share-based compensation		3	3
Other current liabilities		3,361	3,132
Total current liabilities	16,175	22,345
Long-term liabilities
Long-term borrowings	12,741	13,992
Long-term lease obligations	3,462	3,202
Asset retirement obligations	1,284	1,194
Other		606
	736
Total long-term liabilities	18,225	18,995
Total Liabilities	34,400	41,340
NET ASSETS
Shareholders' equity
Capital		5,264	5,264
Capital surplus		5,208	5,217
Retained earnings		13,246	△3,118
Treasury shares		△211	△184
Total shareholders' equity	23,507	7,178
Accumulated other comprehensive income
Valuation difference on available-for-sale securities ..........................................		△0	58
Deferred gains or losses on hedges		22	－
Foreign exchange adjustment account		81	－
Total accumulated other comprehensive income	104	58
Subscription rights to shares	6	－
Non-controlling interests	180	－
Total Net Assets	23,797	7,237
Total Liabilities and Net Assets	58,197	48,578

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