Summary of Consolidated Financial Results | |||||
for the Year Ended | April 30, 2022 | ||||
(Based on Japanese GAAP) | |||||
June 10, 2022 | |||||
Company Name: | gumi Inc. | Stock exchange listing: | Tokyo | ||
Stock code: | 3903 | URL | https:// gu3.co.jp/ | ||
Representative: | Title | CEO | Name | Hiroyuki Kawamoto | |
Inquiries: | Title | CFO | Name | Makoto Motoyoshi | (TEL) 03 (5358) 5322 |
Scheduled date of ordinary general meeting of shareholders: | July 27 2022 | ||||
Scheduled date to file Securities Report: | July 27 2022 | ||||
Scheduled date to commence dividend payments | - | ||||
Preparation of supplementary material on financial results: | Yes | ||||
Holding of quarterly financial results meeting: | Yes | ||||
(Amounts less than one million yen are rounded down) |
1. Consolidated financial results for the year ended April 30, 2022 (from May, 2021 to April 30, 2022)
(1) Consolidated operating results (cumulative) | (Percentages indicateyear-on-year changes) | ||||||||||
Net sales | Operating profit | Ordinary profit | Profit attributable to | ||||||||
owners of parent | |||||||||||
Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | ||||
Year ended April 30, 2022 | 18,942 | 1.7 | △2,262 | - | △3,890 | - | △6,273 | - | |||
Year ended April 30, 2021 | 18,628 | △6.0 | 1,514 | △32.0 | 6,071 | 185.7 | 1,835 | 4.4 |
Note. Comprehensive income: FYE April 30, 2022: △5,929 millions of yen (-%) FYE April 30, 2021: 2,044 millins of yen (54.7 %)
Diluted earnings per | Profit attributable to | Ordinary profit/ total | Operating profit/ net | ||
Earnigs per share | owners of | ||||
share | assets | sales | |||
parent/equity | |||||
Yen | Yen | % | % | % | |
As of April 30, 2022 | △214.07 | - | △49.4 | △17.9 | △11.9 |
As of April 30, 2021 | 60.73 | 59.73 | 12.1 | 27.0 | 8.1 |
Notes: 1. Since "Accounting Standard for Revenue Recognition" (ASBJ Statement No.29), etc. have been applied from the three months ended July 31, 2021, the above amounts of consolidated financial results reflect the application of the accounting standard, etc.
(2) Consolidatd financial position
Total assets | Net assets | Equity ratio | Net assets per share | ||||
Millions of yen | Millions of yen | % | Yen | ||||
As of April 30, 2022 | 18,362 | 10,084 | 50.2 | 316.11 | |||
As of April 30, 2021 | 25,012 | 17,190 | 64.7 | 535.17 | |||
(Reference) Equity capital : | FYE April 30, 2022 9,221 millions of yen | FYE April 30, 2021 | 16,189 millions of yen |
Notes: 1. Since "Accounting Standard for Revenue Recognition" (ASBJ Statement No.29), etc. have been applied from the three months ended July 31, 2021, the above amounts of consolidated financial results reflect the application of the accounting standard, etc.
(3) Consolidated cash flows
Cash flows from operating | Cash flows from investing | Cash flows from financing | Cash and cash equivalents | ||
activities | activities | activities | at end of period | ||
Millions | of yen | Millions of yen | Millions of yen | Millions of yen | |
Year ended April 30, 2022 | △2,473 | 398 | △248 | 6,302 | |
Year ended April 30, 2021 | 2,805 | △2,155 | 1,919 | 8,492 | |
Notes: 1. Since "Accounting Standard for Revenue Recognition" (ASBJ Statement No.29), etc. have been applied from the three months ended July 31, 2021, the above amounts of consolidated financial results reflect the application of the accounting standard, etc.
2. Cash dividends
Annual dividends per share | Total cash | Dividend payout | Ratio of dividends | ||||||||||||
dividends (Total) | ratio | to net assets | |||||||||||||
1st quarter-end | 2nd quarter-end | 3rd quarter-end | Fiscal | year- | Total | ||||||||||
end | (consolidated) | (Consolidated) | |||||||||||||
Yen | Yen | Yen | Yen | Yen | Millions of yen | % | % | ||||||||
FYE April 30, 2021 | - | 0. | 00 | - | 5. | 00 | 5. | 00 | 151 | 8.2 | 1.0 | ||||
FYE April 30, 2022 | - | 0. | 00 | - | 0. | 00 | 0. | 00 | - | - | - | ||||
FYE April 30, 2023 | - | - | - | - | - | - | |||||||||
(Forecast) | |||||||||||||||
Notes: 1. It is undetermined for the dividends in FYE April 30, 2023 |
3. Forecast of consolidated financial results FYE April 30, 2023 (May 1, 2022 to April 30, 2023)
Due to volatility of our business environmental changes, it is difficult to calculate and predict our accurate financial results. Therefore, we do not publish forecast of our business.
※ Notes | |||
(1) | Changes in significant subsidiaries during the Year eneded April 30, 2022 | :No | |
(changes in specified subsidiaries with the change in the scope of consolidation) | |||
(2) | Changes in accounting policies, changes in accounting estimates and restatements | ||
1) | Changes in accounting policies due to the revision of accounting standards | :Applicable | |
2) | Changes in accounting policies other than 1) | :Not applicable | |
3) | Changes in accounting estimates | :Not applicable | |
4) | Restatements | :Not applicable |
- Total number of issued shares (Common stock)
- Total number of issued shares at the end of the period (including treasury shares)
- Total number of treasury shares at the end of the period
- Average number of shares during the period (cumulative)
Reference: Non-consolidated financial summary
As of April 30, 2022 | 31,271,400 | As of April 30, 2021 | 31,231,900 |
Shares | shares | ||
As of April 30, 2022 | 2,101,039 | As of April 30, 2021 | 980,039 |
shares | shares | ||
As of April 30, 2022 | 29,306,750 | As of April 30, 2021 | 30,227,710 |
shares | shares | ||
1. Non-consolidated financial results for the year ended April 30, 2022 (from May, 2021 to April 30, 2022) | |||||||||||||||||||
(1) Non-consolidated operating results (cumulative) | (Percentages indicateyear-on-year changes) | ||||||||||||||||||
Net sales | Operating profit | Ordinary profit | Profit attributable to | ||||||||||||||||
owners of parent | |||||||||||||||||||
Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | ||||||||||||
Year ended April 30, 2022 | 18,764 | 1.5 | △2,837 | - | △3,136 | - | △5,383 | - | |||||||||||
Year ended April 30, 2021 | 18,493 | △6.7 | 925 | △55.1 | 810 | △60.5 | △2,100 | - | |||||||||||
Earnigs per share | Diluted earnings per | ||||||||||||||||||
share | |||||||||||||||||||
Yen | Yen | ||||||||||||||||||
As of April 30, 2022 | △183.68 | - | |||||||||||||||||
As of April 30, 2021 | △69.49 | - | |||||||||||||||||
(2) Non-consolidatd financial position | |||||||||||||||||||
Total assets | Net assets | Equity ratio | Net assets per share | ||||||||||||||||
Millions | of yen | Millions | of yen | % | Yen | ||||||||||||||
As of April 30, 2022 | 18,379 | 6,479 | 33.2 | 208.91 | |||||||||||||||
As of April 30, 2021 | 21,550 | 13,038 | 59.0 | 420.53 | |||||||||||||||
(Reference) Equity capital : | FYE April 30, 2022 6,093 millions of yen | FYE April 30, 2021 | 12,721 millions of yen |
- These financial results are outside the scope of annual review by certified public accountants and audit firms.
- Explanation for the appropriate use of performance forecast and other special notes:
(Cautionary note on forward-looking statements)
The statements regarding forecast of financial results in this report are based on the information that is available to the Company, as well as certain assumptions that are deemed to be reasonable by management, and they are not meant to be a commitment by the Company. Thereore, there might be cases in which actual results differ materially from forecast values due to various factors.
Consolidated financial statements
Consolidated balance sheets
(Thousands of yen) | ||
As of April 30, 2021 | As of April 30, 2022 | |
Assets | ||
Current assets | ||
Cash and deposits | 8,492,510 | 6,302,742 |
Accounts receivable - trade and contract assets | 1,812,179 | 1,852,967 |
Prepaid expenses | 411,254 | 533,760 |
Accounts receivable - other | 1,319,666 | 315,892 |
Income taxes refund receivable | 2,564 | 213,049 |
Crypto assets | 1,277,159 | 595,634 |
Other current asset | 269,585 | 198,061 |
Total current assets | 13,584,920 | 10,012,108 |
Non-current assets | ||
Property, plant and equipment | ||
Buildings | 292,787 | 300,431 |
Accumulated depreciation-Buildings | △ 184,641 | △ 206,767 |
Buildings, net | 108,146 | 93,663 |
Tools, furniture and fixtures | 336,871 | 388,884 |
Accumulated depreciation-Tools, furniture and fixtures | △ 309,632 | △ 353,885 |
Tools, furniture and fixtures, net | 27,239 | 34,999 |
Total property, plant and equipment | 135,386 | 128,663 |
Intangible assets | ||
Software | 493,142 | 359,920 |
Software in progress | 3,405,522 | 2,548,821 |
Other intangible assets | 73,855 | 25,051 |
Total intangible assets | 3,972,519 | 2,933,793 |
Investment and other assets | ||
Leasehold and guarantee deposits | 372,771 | 283,325 |
Investment securities | 1,823,758 | 1,687,546 |
Shares of subsidiaries and associates | 678,276 | 475,057 |
Investments in other securities of subsidiaries and associates | 3,671,840 | 2,340,035 |
Deffered tax assets - long term - | 506,086 | 184,905 |
Other investments | 266,736 | 317,274 |
Total investments and other assets | 7,319,469 | 5,288,143 |
Total non-current assets | 11,427,375 | 8,350,600 |
Total assets | 25,012,295 | 18,362,709 |
(Thousands of yen) | ||
As of April 30, 2021 | As of April 30, 2022 | |
Liabilities | ||
Current liabilities | ||
Accounts payable - trade | 542,982 | 393,015 |
Current portion of long-term borrowings | 1,999,734 | 3,049,208 |
Asset retirement obligations-current | - | 53,156 |
Accounts payable - other | 1,016,574 | 1,120,955 |
Accrued expenses | 33,344 | 69,714 |
Income taxes payable | 763,577 | 442,151 |
Accrued consumption taxes | 66,332 | 41,334 |
Deposits received | 36,302 | 70,938 |
Provision for bonuses | 100,239 | 106,754 |
Other current liabilities | 16,922 | 395,350 |
Total current liabilities | 4,576,010 | 5,742,578 |
Non-current liabilities | ||
Long-term borrowings | 2,500,404 | 2,368,124 |
Asset retirement obligations-non-current | 114,145 | 64,763 |
Deffered tax liabilities | 631,297 | 102,880 |
Total non-current liabilities | 3,245,846 | 2,535,767 |
Total liabilities | 7,821,857 | 8,278,346 |
Net assets | ||
Shareholders' equity | ||
Share capital | 9,399,470 | 9,417,653 |
Capital surplus | 3,407,249 | 3,425,432 |
Retained earnings | 4,336,840 | △ 2,218,164 |
Treasury shares | △ 1,058,438 | △ 2,058,370 |
Total shareholders' equity | 16,085,121 | 8,566,551 |
Accumulated other comprehensive income | ||
Valuation difference on available-for-sale securities | 74,790 | 71,151 |
Foreign currency translation adjustment | 29,978 | 583,300 |
Total accumulated other comprehensive income | 104,769 | 654,451 |
Share acquisition rights | 316,551 | 385,108 |
Non-controlling interests | 683,995 | 478,251 |
Total net assets | 17,190,437 | 10,084,362 |
Total liabilities and net assets | 25,012,295 | 18,362,709 |
Consolidated statements of income (cumulative) and consolidated statements of comprehensive income
(cumulative)
Consolidated statements of income (cumulative)
(Thousands of yen) | ||
Fiscal year ended April | Fiscal year ended April | |
30, 2021 | 30, 2022 | |
Net sales | 18,628,710 | 18,942,037 |
Cost of Sales | 13,633,170 | 17,043,634 |
Gross profit | ||
4,995,540 | 1,898,403 | |
Selling, general and admistrative expenses | 3,481,241 | 4,160,571 |
Operating profit (loss) | ||
1,514,299 | △ 2,262,168 | |
Non-operating income | ||
Interest and dividend income | 725 | 997 |
Gain on investments in investment partnerships | 203,499 | 18,619 |
Gain on valuation of Crypto Assets | 1,124,707 | - |
Gain on sale of Crypto Assets | 930,898 | 22,201 |
Subsidy income | 3,267 | 14,787 |
Gain on sale of non-current assets | 47,668 | - |
Interest on tax refund | 3,425 | - |
Gain from exemption of consumption | - | 28,963 |
Share of profit of entities accounted for using equity method | 2,368,830 | - |
Dividend income of insurance | - | 10,000 |
Other non-operating income | 2,013 | 7,807 |
Total non-operating income | 4,685,035 | 103,376 |
Non-operating expenses | ||
Interest expenses | 30,155 | 36,681 |
Foreign exchange losses | 93,884 | 249,122 |
Loss on valuation of Crypto Assets | - | 851,441 |
Share of loss of entities accounted for using equity method | - | 571,027 |
Other non-operating expenses | 4,164 | 22,981 |
Total non-operating expenses | ||
128,204 | 1,731,255 | |
Ordinary profit (loss) | 6,071,130 | △ 3,890,047 |
Extraordinary income | ||
Gain on sale of investment securities | - | 11 |
Gain on reversal of share acquisition rights | 9,398 | - |
Total extraordinary income | ||
9,398 | 11 | |
Extraordinary losses | ||
Impairement losses | 1,688,647 | 1,906,092 |
Loss on valuation of investment securities | 634,653 | 126,296 |
Loss on valuation of shares of subsidiaries and associates | - | 217,684 |
Business restructuring cost | 17,127 | - |
Retirement benefits for directors (and other officers) | - | 150,000 |
Total extraordinary losses | ||
2,340,429 | 2,400,072 | |
Profit (loss) before income taxes | 3,740,099 | △ 6,290,109 |
Income taxes - current | ||
753,221 | 436,777 | |
Income taxes - deffered | 1,187,512 | △ 247,447 |
Total income taxes | ||
1,940,733 | 189,330 | |
Profit (loss) | ||
1,799,366 | △ 6,479,439 | |
Loss attributable to non-controlling interests | ||
△ 36,290 | △ 205,744 | |
Profit (loss) attributable to owner of parent | ||
1,835,657 | △ 6,273,694 | |
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gumi Inc. published this content on 10 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 June 2022 06:11:07 UTC.