Good Com Asset : Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending October 31, 2021

Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending October 31, 2021

(Nine Months Ended July 31, 2021)

		[Japanese GAAP]
		September 9, 2021
Company name: Good Com Asset Co.,Ltd.	Stock Exchange Listing: TSE (1st Section)
Stock code:	3475	URL: https://www.goodcomasset.co.jp/
Representative:	Yoshikazu Nagashima, President and CEO
Contact:	Yoshihiro Kawai, Senior Executive Officer, General Manager, Corporate Planning Division
	Tel: [phone]

Scheduled date of filing of Quarterly Report:	September 13, 2021
Scheduled date of payment of dividend:	-
Preparation of supplementary materials for quarterly financial results: Yes
Holding of quarterly financial results meeting:	Yes (for analysts and individual investors)
	(All amounts are rounded down to the nearest million yen)

1. Consolidated Financial Results for the Third Quarter (November 1, 2020 - July 31, 2021) of the Fiscal Year Ending October 31, 2021

(1) Consolidated results of operations				(Percentages represent year-on-year changes)
	Net sales		Operating profit	Ordinary profit	Profit attributable
		to owners of parent
	Million yen		%	Million yen	%	Million yen	%	Million yen	%
Nine months ended Jul. 31, 2021	27,069		29.2	2,707	9.0	2,495	5.6	1,692	5.8
Nine months ended Jul. 31, 2020	20,955		28.7	2,483	116.9	2,362	124.1	1,599	122.6

Note: Comprehensive income (million yen)	Nine months ended Jul. 31, 2021:	1,695	(up 6.2%)
		Nine months ended Jul. 31, 2020:	1,596	(up 122.3%)
	Net income per share	Diluted net income per share
		Yen		Yen
Nine months ended Jul. 31, 2021		115.91		115.42
Nine months ended Jul. 31, 2020		109.19		106.96

Note: The Company conducted a 2-for-1 common stock split effective on November 1, 2020. Net income per share and diluted net income per share are calculated as if this stock split had taken place at the beginning of the previous fiscal year.

(2) Consolidated financial position

	Total assets	Net assets	Equity ratio
		Million yen		Million yen	%
As of Jul. 31, 2021		19,292		8,935	46.3
As of Oct. 31, 2020		25,915		8,397	32.4
Reference: Shareholders' equity (million yen)	As of Jul. 31, 2021:	8,935	As of Oct. 31, 2020: 8,397

2. Dividends

				Dividend per share
	1Q-end	2Q-end		3Q-end		Year-end	Total
	Yen	Yen		Yen		Yen	Yen
Fiscal year ended Oct. 31, 2020	-		0.00		-			68.00		68.00
Fiscal year ending Oct. 31, 2021	-		0.00		-
Fiscal year ending Oct. 31, 2021								41.00		41.00
(forecasts)

Note: Revision to the most recently announced dividend forecast: None

The Company conducted a 2-for-1 common stock split effective on November 1, 2020. Dividends per share for the fiscal year ended October 31, 2020 are the actual amounts before the stock split.

3. Consolidated Forecast for the Fiscal Year Ending October 31, 2021 (November 1, 2020 - October 31, 2021)

(Percentages represent year-on-year changes)

	Net sales		Operating profit	Ordinary profit	Profit attributable to	Net income
		owners of parent	per share
	Million yen		%	Million yen	%	Million yen	%	Million yen	%	Yen
Full year	38,000-		44.4-	3,500-	23.7-	3,300-	24.8-	2,251-	23.2-	154.94-
41,876		59.1	3,800	34.3	3,600	36.1	2,455	34.4	168.98

Notes: 1. Revision to the most recently announced consolidated forecast: None

1. Ranges for the consolidated forecast for the fiscal year ending October 31, 2021 have been announced.
2. The Company's Board of Directors approved a resolution on April 9, 2021 to repurchase its own shares. Net income per share forecast has been adjusted to reflect the stock repurchase.

Notes

1. Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in changes in scope of consolidation): None
2. Application of special accounting methods for presenting quarterly consolidated financial statements: Yes
3. Changes in accounting policies and accounting-based estimates, and restatements
4. 1. Changes in accounting policies due to revisions in accounting standards, others: None
   2. Changes in accounting policies other than 1) above: None
   3. Changes in accounting-based estimates: None
   4. Restatements: None
5. Number of outstanding shares (common shares)
6. 1. Number of shares outstanding at the end of the period (including treasury shares)

As of Jul. 31, 2021:	15,210,800 shares	As of Oct. 31, 2020:	15,198,000 shares
2) Number of treasury shares at the end of the period
As of Jul. 31, 2021:	894,426 shares	As of Oct. 31, 2020:	444,426 shares
3) Average number of shares outstanding during the period
Nine months ended Jul. 31, 2021:	14,599,815 shares	Nine months ended Jul. 31, 2020:	14,649,062 shares

Note: The Company conducted a 2-for-1 common stock split effective on November 1, 2020. The number of shares outstanding at the end of the period, the number of treasury shares at the end of the period and the average number of shares outstanding during the period are calculated as if this stock split had taken place at the beginning of the previous fiscal year.

The current quarterly financial report is not subject to quarterly review by certified public accountants or auditing firms.

Explanation of appropriate use of earnings forecasts, and other special items

Cautionary statement with respect to forward-looking statements

Outlook and other forward-looking statements in these materials are based on assumption judged to be valid and information available to the Company's management at the time the materials were prepared, but are not promises by the Company regarding future performance. Actual results may differ significantly from these forecasts for a number of factors.

How to view supplementary information at the quarterly financial results meetings

The Company plans to hold online financial results meetings on Friday, September 10, 2021. Materials distributed at this event will be disclosed at the Timely Disclosure network (TDnet) with this financial report and also be available on the Company's website.