E Seikatsu : Consolidated Financial Results for the Fiscal Year Ended March 31 2023 (Japanese GAAP) (358KB)

Note: This document has been translated from Japanese original for reference purposes only. Some

sentences have been machine translated. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

May 11,2023

(Delayed)Consolidated Financial Results for the Fiscal Year Ended March 31, 2023 (Japanese GAAP)

Company name:	e-Seikatsu Co., Ltd.	Listing:	Standard, Tokyo Stock Exchange
Securities code:	3796	URL:	https://www.e-seikatsu.info/
Representative:	President and CEO	Zenichi Maeno
Inquiries:	Executive Vice President and CFO	Hiroyuki Shiokawa
TEL:	[phone]

Scheduled date of annual general meeting of shareholders: June 22, 2023

Scheduled date to commence dividend payment:		June 23, 2023
Scheduled date to file annual securities report:		June 19, 2023
Preparation of supplementary materials on financial results:	Yes
Holding of financial results briefing:	Yes		For institutional investors and analysts
				(Yen amounts are rounded down to the nearest millions)
1.Consolidated financial results for the Fiscal year ended March 31, 2023
(April 1, 2022 to March 31, 2023)
(1) Consolidated Operating Results (cumulative)
						(Percentage indicate year-on-year changes.)
	Net sales		EBITDA		Operating profit	Ordinary profit	Profit attributable
			to owners of parent
Fiscal year ended	Millions	%	Millions	%	Millions	%	Millions	%	Millions	%
of yen	of yen	of yen	of yen	of yen
March 31, 2023	2,696	10.8	682	13.7	234	41.7	236	41.8	158	47.9

March 31, 2022

2,434

9.9

600

17.7

165

138.4

166

134.0

106

426.1

Note: Comprehensive Income	For the fiscal year ended March 31, 2023	158Millions of yen	(47.9%)
	For the fiscal year ended March 31, 2022	106Millions of yen	(426.1%)

Note: EBITDA (operating profit+ depreciation expenses) is disclosed as a useful comparative indicator for our group's performance.

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	Basic earnings per	Diluted earnings per	Return on equity	Ratio of ordinary	Ratio of operating
	share	share	profit to total assets	profit to net sales
Fiscal year ended	Yen	Yen	%	%	%
March 31, 2023	22.92	-	8.9	10.4	8.7
March 31, 2022	15.50	-	6.4	8.0	6.8

Reference:	For the fiscal year ended March 31, 2023	-	Millions of yen
Share of profit of entities accounted for using equity method	For the fiscal year ended March 31, 2022	-	Millions of yen
Note: Diluted earnings per share is not stated since there are no dilutive shares.

(2) Consolidated Financial Position

	Total assets	Net Assets	Equity-to-asset ratio	Net Assets per Share
	Millions of yen	Millions of yen	%	Yen
As of March 31, 2023	2,357	1,835	77.9	265.90
As of March 31, 2022	2,187	1,711	78.2	247.99

Reference: Equity	As of March 31, 2023	1,835	Millions of yen
	As of March 31, 2022	1,711	Millions of yen

(3) Consolidated Cash Flows

	Cash flows from	Cash flows from	Cash flows from	Cash and cash equivalents
	operating activities	investing activities	financing activities	at end of period
Fiscal year ended	Millions of yen	Millions of yen	Millions of yen	Millions of yen
March 31, 2023	635	△525	△34	806
March 31, 2022	675	△439	△34	731

2.Cash dividends

		Dividend per share		Total cash	Payout ratio	Ratio of dividends
						to net assets
	First	Second	Third	Fiscal year-	Total	dividends (Total)	(Consolidated)
	(Consolidated)
	quarter-end	quarter-end	quarter-end	end
	Yen	Yen	Yen	Yen	Yen	Millions of yen	%	%
Fiscal Year Ended March	-	0.00	-	5.00	5.00	34	32.3	2.1
31, 2022
Fiscal Year Ended March	-	0.00	-	5.00	5.00	34	21.8	1.9
31, 2023
Forecast for Fiscal Year	-	0.00	-	5.00	5.00		16.7
Ended March 31, 2024

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3.Consolidated Earnings Forecasts for the Fiscal Year Ended March 31, 2024 (April 1, 2023 to March 31, 2024)

(Percentage indicate year-on-year changes.)

								Profit attributable to	Basic earnings per
	Net sales		Operating profit	Ordinary profit	share attributable to
		owners of parent
								owners of the parent
	Millions of		%	Millions of	%	Millions of	%	Millions of	%	Yen
	yen			yen		yen		yen
Full year	2,950		9.4	300	28.1	308	30.4	204	29.3	29.63

Reference: EBITDA 785 Millions of yen (YonY +15.1%)

Note: EBITDA (operating profit+ depreciation expenses) is disclosed as a useful comparative indicator for our group's performance.

Notes

1. Changes in significant subsidiaries during the cumulative period of the fiscal year (changes in specified subsidiaries due to changes in the scope of consolidation): None
2. Changes in accounting policies, changes in accounting estimates, and restatements of accounting estimates.
3. 1. Changes in accounting policies due to changes in accounting standards, etc.: Yes
   2. Changes in accounting policies other than 1) above: None
   3. Changes in accounting estimates: None
   4. Modification and reappearance: None
      (Note) For details, please refer to Appendix P.19 "3. Consolidated Financial Statements and Major Notes (5) Notes to Consolidated Financial Statements (Changes in Accounting Policies)."
4. Number of Shares Issued (Common shares)

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

As of March	7,280,700	Shares	As of March	7,280,700	Shares
31,2023			31,2022
As of March	379,299	Shares	As of March	379,299	Shares
31,2023			31,2022
Fiscal year	6,901,401		Fiscal year	6,901,401
ended March	Shares	ended March	Shares
31,2023			31,2022

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(Reference) Overview of Non-consolidated Financial Results Non-consolidated financial results for the Fiscal year ended March 31, 2023 (April 1, 2022 to March 31, 2023)

(1) Non-consolidated Operating Results (cumulative)

(Percentage indicate year-on-year changes.)

		Net sales		Operating profit	Ordinary profit		Profit
Fiscal year ended	Millions of yen		%	Millions of yen		%	Millions of yen	%		Millions of yen	%
March 31, 2023		2,696		10.8			127		44.9		148	47.7		100	65.0
March 31, 2022		2,434		9.9			87		585.6		100	540.6		60	-
		Basic earnings per share		Diluted earnings per share
Fiscal year ended					Yen						Yen
March 31, 2023					14.52						-
March 31, 2022					8.80						-
(2) Non-consolidated financial position
		Total assets				Net assets		Equity-to-asset ratio		Net assets per share
As of		Millions of yen			Millions of yen			%			Yen
March 31, 2023				2,171					1,646			75.8			238.64
March 31, 2022				2,048					1,581			77.2			229.12
Reference: Equity	As of March 31, 2023				1,646	Millions of yen
		As of March 31, 2022				1,581	Millions of yen

*Financial Results are not subject to Quarterly Review by Certified Public Accountants or Auditing Corporations.

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Table of Contents of Attachments

1. Overview of Results	6
(1)	Earnings	6
(2)	Financial Position	7
(3)	Cash Flows	8
(4)	Outlook	9
(5)	Dividend policy and dividends for the year under review and coming year	11
2. Approach to Selection of Accounting Standards	11
3. Consolidated Financial Statements and Major Notes	12
(1)	Consolidated Balance Sheets	12
(2)	Consolidated Statement of Income and Consolidated Statement of Comprehensive Income	14
	Consolidated statements of income	14
	Consolidated Statement of Comprehensive Income	15
(3)	Consolidated Statement of Changes in Net Assets	16
(4)	Consolidated Statement of Cash Flows	17
(5)	Notes to Consolidated Financial Statements	18
	Notes on Premise of Going Concern	18
	Important Matters That Are the Basis for Preparation of Consolidated Financial Statements	18
	Change in Accounting Policy	19
	Segment and Other Information	19
	Per Share Information	21
	Major Subsequent Events	21

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