Vision : Summary of Financial Results for the second quarter 2020

Consolidated Financial Results for the Second Quarter Ended December 31, 2020

[Japanese GAAP]

			August 17, 2020
Company	Vision Inc.		Stock Listing	TSE
Stock Code	9416	URL https://www.vision-net.co.jp/
Representative	Kenichi Sano, President, Founder & CEO
Contact	Shinichi Nakamoto, Director & Managing Executive Officer	TEL [phone]

Scheduled date of filing of quarterly report Scheduled starting date of dividend payment Quarterly supplementary financial document Quarterly financial results briefing

• August 18, 2020
• －
• Yes
• Yes (for institutional investors and analysts)

							(Round down to million yen)
1. Consolidated Financial Results for the Second Quarter Ended December 31, 2020
(January 1, 2020 through June 30, 2020)
(1) Consolidated Operating Results (Cumulative)	(% change from the previous corresponding period)
	Sales		Operating profit	Recurring profit	Net income attributable
		owners of parent
	Million yen		％	Million yen	％	Million yen	％	Million yen		％
2Q FY2020	9,630		－25.6	－15	－	66	－96.0	－1,352		－
2Q FY2019	12,937		31.3	1,690	36.7	1,673	34.4	1,075		32.9

(Note)

Comprehensive profit;

2Q FY2020:

－1,355 million yen

( －%)

2Q FY2019:

1,044 million yen

(28.2%)

Net income

Diluted net income

per share

per share

Yen

Yen

2Q FY2020

－28.54

－

2Q FY2019

22.09

21.58

(Note)

Diluted net income per share for the first half of the current fiscal year is not stated because there is a net loss

per share, although there are dilutive shares.

(2) Consolidated Financial Position

Total assets

Net assets

Shareholder's equity

ratio

Million yen

Million yen

％

2Q FY2020

10,894

8,565

78.4

FY2019

15,173

10,905

71.7

(Reference) Shareholder's equity;

2Q FY2020:

8,543 million yen

FY2019:

10,883 million yen

2. Dividends

Annual dividend

End of 1Q

End of 2Q

End of 3Q

Year-end

Total

Yen

Yen

Yen

Yen

Yen

FY2019

－

0.00

－

0.00

0.00

FY2020

－

0.00

FY2020 (Forecast)

－

0.00

0.00

(Note)

Revisions to dividend forecast during the most recent quarter

: None

3. Forecast of Consolidated Financial Results for the Fiscal Year Ending December 2020 (January 1, 2020 through December 31, 2020)

						(% change from the previous corresponding period)
								Net income		Net income
	Sales		Operating profit	Recurring profit	attributable
			per share
								owners of parent
	Million yen		％	Million yen	％	Million yen	％	Million yen		％	Yen
FY2020	16,700		－38.9	－320	－	－213	－	－1,601		－	－34.03
(Note) Revisions to financial forecast during the most recent quarter		: Yes

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• Notes

1. Changes in significant subsidiaries during the period: None
2. Application of accounting procedures specific to preparation of the quarterly financial statements: None
3. Changes in accounting policies, accounting estimates and restatement

①	Changes in accounting policies associated with revision of accounting standards	: None
②	Changes in accounting policies other than ①				: None
③	Changes in accounting estimates				: None
④	Restatement				: None
(4) Shares issued (common stock)
①	Shares issued as of term-end (incl. Treasury stock)	2Q FY2020	49,027,800	FY2019	49,027,200
②	Treasury stock as of term-end
2Q FY2020	1,948,044	FY2019	1,039,044
③	Average number of shares outstanding
2Q FY2020	47,366,655	2Q FY2019	48,692,458

*	Quarterly financial summary is not subject to the quarterly review procedures by certified public
accountants or audit firm.

* Explanation for appropriate use of forecasts and other notes

The forward-looking statements such as operational forecasts contained in this statements summary are based in information currently available to the Company and certain assumptions which are regarded as legitimate. Actual results may differ from such forward-looking statements for a variety of reasons.

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