FY2021 Second Quarter

Brief Report on Consolidated Closing of Accounts

Nov 11, 2021

Name of Listed Company

Yorozu Corporation

Stock Exchange : Tokyo Stock Exchange First Section

Code No.

7294

(URL http://www.yorozu-corp.co.jp/)

Representative Director

President, COO

Name : Tsutomu Hiranaka

The reference

Chief Executive Vice President & CFO

Name : Akira Saso

TEL (045) 543 - 6802

Scheduled date of submission of quarterly report Nov 12, 2021

Scheduled date for Start of Dividend Payment Dec

9, 2021

Supplemental explanation for closing Yes

Scheduled date of holding for quarterly results briefing Yes (for corporate investors and analysts)

(Amounts less than one million yen are rounded down)

1. Consolidated Financial Results for FY 2021 Second Quarter (April 1, 2021 through September 30, 2021)

(1) Consolidated operating results

(Percent indications show percentage of changes from corresponding figures for the previous period.)

Net Sales

Operating Income

Ordinary Income

Net Income Attributable

to Owners of Parent

million

million

million

million

FY2021 2nd quarter

60,049

36.7

277

307

△129

FY2020 2nd quarter

43,930

△ 43.8

△4,160

△3,615

△3,234

(Note) Comprehensive incomeFY2021 2nd quarter 2,645million yen( %) FY2020 2nd quarter 6,826 million yen( %)

Net Income

Net Income

Per Share

Per Share (Diluted)

FY2021 2nd quarter

△5 .41

FY2020 2nd quarter

△135 .40

(Note) Net income per share diluted is not shown above because of net loss per share but diluted shares exist.

(2) Consolidated financial position

Total Assets

Net Assets

Equity Ratio

million

million

FY2021 2nd quarter

133,468

67,924

41.3

FY2020

134,723

65,738

39.6

(Reference) Owner's equity

million

FY2021 2nd quarter

55,139

FY2020

53,383

(Note) We have applied a new revenue recognition standard , corporate accouning standard No.29

March 31th 2020, since FY2021 1st quarter.

Each index of FY2021 2nd quarter is shown by using

this new standard.

2. Dividends

Dividends Per Share

date

1st. Qtr.

2nd. Qtr.

3rd. Qtr

Year End

Full-Year

FY2020

0.00

13.00

13.00

FY2021

6.00

FY2021 (Forecast)

7.00

13.00

(Note) Changes in dividends forecast for FY2021 from the lastest disclosureChanged

3. Forecasts of Consolidated Financial Results for FY2021 April 1, 2021 through March 31, 2022

(Percent indications show percentage of changes from corresponding figures for the previous period.)

Net Sales

Operating Income

Ordinary Income

million

million

million

Full year

126,000

6.0

1,260

234.1

1,240

△ 14.4

Net Income Attributable

Net Income

to Owners of Parent

Per Share

million

Full year

650

27.09

(Note) Changes in forecast of consolidated financial results for FY2021 from the latest disclosureChanged

Notes

(1) Changes in significant subsidiaries for this quarter : None

*Changes in specified subsidiaries that caused a change in the scope of consolidation Newy included None

Exclusion None

  1. Application of special accounting practices for quarterly consolidated basis financial statements.: Yes
  2. Changes in accounting principles, procedures, and disclosures Changes by accounting standard change: Yes
  1. Changes other than (3)- aboveNone Changes of accounting estimates: None Restatement: None

  2. # of shares issued (common stock)
  • Term end # of shares issued (include treasury stock)
  • Term end # of treasury stock

Average # of shares (quarterly accumulated)

FY2021 2Q

25,055,636

FY2020

25,055,636

FY2021 2Q

1,037,730

FY2020

1,115,630

FY2021 2Q

23,964,270

FY2020 2Q

23,887,189

This Financial Results report for the second quarter is exempt from quarterly review

Explanation regarding the appropriate use of forecast, and other statements

The financial forecast is based on judgments and estimates that have been made on the basis of currently available information. Consequently, the final results might be significantly different from the aforementioned forecast due to various reasons.

We are holding an interim financial results briefing for corporate investors and analysts following schedule. Materials used in the interim briefing and other important Q & A shall be published on the website (Homepage) shortly.

Interim financial results briefing for corporate investors and analysts Date Nov 25, 2021

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YOROZU Corporation published this content on 11 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 November 2021 06:26:22 UTC.