Consolidated Financial Results for the Nine Months Ended September 30, 2021(Under IFRS)

Note: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

Consolidated Financial Results

for the Nine Months Ended September 30, 2021

(Under IFRS)

	November 12, 2021
Company name:	Direct Marketing MiX Inc.
Listing:	Tokyo Stock Exchange
Securities code:	7354
URL:	https://dmix.co.jp/
Representative:	Yuki Kobayashi, Representative Director and President, CEO
Inquiries:	Motoyoshi Doi, Director, CFO
TEL:	[phone]

Scheduled date of the submission of quarterly securities report:	November 12, 2021
Scheduled date to commence dividend payments:	-
Preparation of supplementary material on quarterly financial results:	Yes
Holding of quarterly financial results presentation meeting:	None

(Yen amounts are rounded to the nearest million, unless otherwise noted.)

1. Consolidated financial results for the nine months ended September 30, 2021 (from January 1, 2021 to September 30, 2021)

(1) Consolidated operating results (cumulative)		(Percentages indicate year-on-year changes.)
		Revenue	Operating profit	Profit before tax	Profit
	Nine months ended	Millions of yen	%	Millions of yen	%	Millions of yen	%		Millions of yen	%
	September 30, 2021	23,039	38.2	4,352	43.6	4,224	42.1		2,935		46.4
	September 30, 2020										84.7
	16,667	32.8	3,031	75.7	2,973	79.9		2,004
		Profit attributable to	Total comprehensive	Basic earnings	Diluted earnings
		owners of parent	income	per share	per share
	Nine months ended	Millions of yen	%	Millions of yen	%		Yen			Yen
	September 30, 2021	2,935	46.4	2,935	46.4		144.45		122.65
	September 30, 2020						99.95				83.88
	2,004	84.7	2,004	84.7
(2) Consolidated financial position
						Equity attributable to	Ratio of equity
		Total assets	Total equity	attributable to owners
		owners of parent
						of parent
	As of	Millions of yen	Millions of yen	Millions of yen			%
	September 30, 2021		24,693		10,995		10,995				44.5
	December 31, 2020		21,251		8,000		8,000				37.6

2. Cash dividends

		Dividends per share
	First quarter-end	Second quarter-end	Third quarter-end	Fiscal year-end	Annual total
	Yen	Yen	Yen	Yen	Yen
Fiscal year ended	-	0.00	-	5.00		5.00
December 31, 2020
Fiscal year ending	-	0.00	-
December 31, 2021
Fiscal year ending
December 31, 2021				10.00		10.00
(Forecast)

Note: Revisions to the forecast of cash dividends most recently announced: None

3. Consolidated earnings forecasts for the fiscal year ending December 31, 2021 (from January 1, 2021 to December 31, 2021)

											(Percentages indicate year-on-year changes.)
			Revenue			Operating profit		Profit before tax		Profit
			Millions of yen	%		Millions of yen	%		Millions of yen	%		Millions of yen	%
	Fiscal year ending		28,500		26.9		4,500		22.5		4,400		25.6		3,000		23.7
	December 31, 2021
			Profit attributable to		Basic earnings
			owners of parent		per share
			Millions of yen	%				Yen
	Fiscal year ending		3,000		23.7			148.52
	December 31, 2021
Note: Revisions to the earnings forecasts most recently announced: None

* Notes

1. Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in the change in scope of consolidation): None
2. Changes in accounting policies and changes in accounting estimates

(i)	Changes in accounting policies required by IFRS:	None
(ii)	Changes in accounting policies due to other reasons:	None
(iii)	Changes in accounting estimates:	None

1. Number of issued shares (ordinary shares)

1. Total number of issued shares at end of the period (including treasury shares)

	As of September 30, 2021		20,548,900 shares
	As of December 31, 2020		20,050,500 shares

(ii) Number of treasury shares at end of the period

	As of September 30, 2021		139 shares
	As of December 31, 2020		25 shares

1. Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)

For the Nine months ended September 30, 2021	20,316,212 shares
For the Nine months ended September 30, 2020	20,050,500 shares

• Quarterly financial results reports are exempt from quarterly reviews conducted by certified public accountants or an audit corporation.
• Proper use of earnings forecasts, and other special items
  (Caution regarding forward-looking statements and others)
  The forward-looking statements, including earnings forecasts contained in this report are based on currently available information and certain assumptions determined as rational. Consequently, any statements herein do not constitute assurances regarding actual results by the Company. Actual performance may significantly differ from these forecasts due to various factors in the future. The impact of the novel coronavirus disease (COVID-19) on the Group's earnings is expected to be immaterial. On the other hand, matters surrounding the impact of COVID-19, such as when it will be resolved, remains unclear. Accordingly, if it becomes necessary to revise the earnings forecast in light of future business trends, we will disclose such revisions promptly.
  (Method of accessing supplementary material on quarterly financial results)
  Supplementary material on quarterly financial results is disclosed on the same day on TDnet.

Condensed Quarterly Consolidated Financial Statements

1. Condensed quarterly consolidated statement of financial position

		(Thousands of yen)
	As of December 31, 2020	As of September 30, 2021
Assets
Current assets
Cash and cash equivalents	3,692,215	4,221,423
Trade and other receivables	3,029,397	3,871,366
Other current assets	155,520	233,335
Total current assets	6,877,132	8,326,123
Non-current assets
Property, plant and equipment	832,160	1,186,443
Right-of-use assets	1,706,159	2,810,158
Goodwill	10,984,224	10,984,224
Other intangible assets	80,127	72,222
Deferred tax assets	298,256	298,256
Other financial assets	467,345	999,509
Other non-current assets	5,686	16,158
Total non-current assets	14,373,958	16,366,971
Total assets	21,251,090	24,693,094

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		(Thousands of yen)
	As of December 31, 2020	As of September 30, 2021
Liabilities and equity
Liabilities
Current liabilities
Trade and other payables	3,339,384	3,047,273
Borrowings	613,040	695,421
Income taxes payable	829,209	753,471
Other financial liabilities	581,624	896,943
Other current liabilities	709,302	1,175,925
Total current liabilities	6,072,559	6,569,034
Non-current liabilities
Borrowings	5,886,873	4,917,685
Provisions	193,491	310,198
Other financial liabilities	1,093,196	1,893,792
Other non-current liabilities	4,622	7,008
Total non-current liabilities	7,178,182	7,128,683
Total liabilities	13,250,741	13,697,717
Equity
Share capital	1,600,000	1,699,182
Capital surplus	1,609,578	1,664,758
Retained earnings	4,707,624	7,542,045
Treasury shares	(69)	(463)
Other components of equity	83,216	89,856
Total equity attributable to owners of parent	8,000,349	10,995,377
Total equity	8,000,349	10,995,377
Total liabilities and equity	21,251,090	24,693,094

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