JDC CORPORATION Disclaimer: All financial information has been prepared in accordance with generally accepted accounting principles in Japan. This document is a partial English translation of the Japanese Financial Statements disclosed at the Tokyo Stock Exchange on April 14, 2022 presented solely for the convenience of non-Japanese speaking users. If there is any discrepancy between the translation and the Japanese original, the latter shall prevail.
Summary of Consolidated Financial Results for the Nine Months Ended February 28, 2022
[Japanese GAAP]
April 14, 2022
Company name: JDC CORPORATION
Stock exchange listing: Tokyo Stock Exchange Code number: 1887
URL:https://www.n-kokudo.co.jp/
Representative: Takeo Asakura, Representative Director and President
Contact: Hironori Otoishi, Deputy Director of Management Division and General Manager of Accounting Department Phone: +81-3-3403-3311
Scheduled date of filing quarterly securities report: April 14, 2022 Scheduled date of commencing dividend payments: -
Availability of supplementary briefing material on quarterly financial results: Not available Schedule of quarterly financial results briefing session: Not scheduled
(Amounts of less than one million yen are rounded down.)
1. Consolidated Financial Results for the Nine Months Ended February 28, 2022 (June 1, 2021 to February 28, 2022)
(1) Consolidated Operating Results (% indicates changes from the corresponding period of the previous fiscal year.)
Net Sales | Operating Profit | Ordinary Profit | Profit Attributable to Owners of Parent | |
Nine months ended February 28, 2022 February 28, 2021 | Million yen %
| Million yen %
| Million yen %
| Million yen %
|
(Note) Comprehensive income:
Nine months ended February 28, 2022: ¥2,205 million [(63.6)%]
Nine months ended February 28, 2021: ¥6,066 million [10.3%]
Net Income per Share | Diluted Net Income per Share | |
Nine months ended February 28, 2022 February 28, 2021 | Yen 24.66 67.46 | Yen 24.60 67.18 |
(2) Consolidated Financial Position
Total Assets | Net Assets | Equity Ratio | |
As of February 28, 2022 As of May 31, 2021 | Million yen 144,697 148,766 | Million yen 74,311 74,211 | % 51.1 49.6 |
(Reference) Equity: As of February 28, 2022: ¥73,953 million
As of May 31, 2021: ¥73,830 million
2. Dividends
Annual dividends | |||||
End of 1Q | End of 2Q | End of 3Q | Year-end | Total | |
Fiscal year ended May 31, 2021 Fiscal year ending May 31, 2022 | Yen - - | Yen 10.00 10.00 | Yen - - | Yen 16.00 | Yen 26.00 |
Fiscal year ending May 31, 2022 (Forecast) | 16.00 | 26.00 |
(Note) Revision to the dividend forecast announced most recently: No
(Note) Breakdown of dividends | |
Interim dividends for | |
the six months ended November 30, 2020: | ¥10.00 ordinary dividends |
Year-end dividends for | |
the fiscal year ended May 31, 2021: | ¥10.00 ordinary dividends and ¥6.00 special dividends |
Interim dividends for the six months ended | |
November 30, 2021: | ¥10.00 ordinary dividends |
Year-end dividends for the fiscal year ending | |
May 31, 2022 (forecast): | ¥10.00 ordinary dividends and ¥6.00 special dividends |
3. Forecast of Consolidated Financial Results for Fiscal Year Ending May 31, 2022 (June 1, 2021 to May 31, 2022)
(% indicates changes from the previous corresponding period.)
Net Sales | Operating Profit | Ordinary Profit | Profit Attributable to Owners of Parent | Basic Earnings per Share | |
Full year | Million yen 126,700 % 7.6 | Million yen % 7,300 (30.9) | Million yen % 7,600 (28.2) | Million yen 6,800 % (11.8) | Yen 77.81 |
(Note) Revision to the financial results forecast announced most recently: Yes
* Notes:
(1) Changes in significant subsidiaries during the period under review (changes in specified subsidiaries resulting in changes in scope of consolidation): Yes
New: One company (Company name) Nobeoka Solar Power LLC
(2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements: No
(3) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards: Yes
2) Changes in accounting policies other than 1): No
3) Changes in accounting estimates: No
4) Retrospective restatement: No
(4) Total number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury stock):
February 28, 2022: 98,255,000 shares
May 31, 2021: 98,255,000 shares
2) Total number of treasury shares at the end of the period:
February 28, 2022: 10,578,046 shares
May 31, 2021: 11,064,846 shares
3) Average number of shares during the period:
Nine months ended February 28, 2022: 87,391,114 shares Nine months ended February 28, 2021: 86,717,521 shares
(Notes)
1. The total number of treasury shares at the end of the period includes shares owned by Custody Bank of Japan, Ltd. (trust account E) as trust property of the Board Benefit Trust (J-ESOP) (1,047,800 shares as of February 28, 2022 and 1,118,700 shares as of May 31, 2021). The shares of JDC Corporation owned by Custody Bank of Japan, Ltd. (trust account E) constitute the treasury shares that are deducted in the calculation of the average number of shares during the period (1,081,987 shares for the nine months ended February 28, 2022 and 1,179,712 shares for the nine months ended February 28, 2021).
2. The total number of treasury shares at the end of the period includes shares owned by Custody Bank of Japan, Ltd. (trust account E) as trust property of the Stock Benefit Trust (Employee Stockholding Association Purchase-type) (210,100 shares as of February 28, 2022 and 489,800 shares as of May 31, 2021). The shares of JDC Corporation owned by Custody Bank of Japan, Ltd. (trust account E) constitute the treasury shares that are deducted in the calculation of the average number of shares during the period
(383,074 shares for the nine months ended February 28, 2022 and 488,643 shares for the nine months ended February 28, 2021).
* These quarterly consolidated financial results are outside the scope of quarterly review by certified public accountants or audit firms.
* Explanation of the proper use of financial results forecast and other notes
The forecasts are based on certain assumptions relating to economic situations and market trends deemed reasonable as of the date of publication of this document. Actual results may differ significantly from these forecasts due to a wide range of factors.
(Reference) Summary of Non-consolidated Financial Results
1. Non-consolidated Financial Results for the Nine Months Ended February 28, 2022 (June 1, 2021 to February 28, 2022)
(1) Non-consolidated Operating Results
(% indicates changes from the corresponding period of the previous fiscal year.)
Net Sales | Operating Profit | Ordinary Profit | Profit | |
Nine months ended February 28, 2022 February 28, 2021 | Million yen %
| Million yen %
| Million yen %
| Million yen %
|
Net Income per Share | Diluted Net Income per Share | |
Nine months ended February 28, 2022 February 28, 2021 | Yen 30.44 64.24 | Yen 30.37 63.98 |
(2) Non-consolidated Financial Position
Total Assets | Net Assets | Equity Ratio | |
As of February 28, 2022 As of May 31, 2021 | Million yen 121,338 123,319 | Million yen 69,525 68,781 | % 57.3 55.8 |
(Reference) Equity: As of February 28, 2022: ¥69,525 million
As of May 31, 2021: ¥68,781 million
2. Forecast of Non-consolidated Financial Results for the Fiscal Year Ending May 31, 2022 (June 1, 2021 to
May 31, 2022)
(% indicates changes from the previous corresponding period.)
Net Sales | Ordinary Profit | Profit | Basic Earnings per Share | |
Full year | Million yen 112,000 % 9.5 | Million yen 7,600 % (17.7) | Million yen 7,100 % 4.4 | Yen 81.24 |
(Note) Revision to the financial results forecast announced most recently: Yes
* Explanation of the proper use of financial results forecast and other notes
The forecasts are based on certain assumptions relating to economic situations and market trends deemed reasonable as of the date of publication of this document. Actual results may differ significantly from these forecasts due to a wide range of factors.
2. Quarterly Consolidated Financial Statements and Primary Notes (1) Quarterly Consolidated Balance Sheet
As of May 31, 2021
Assets
Current assets
Cash and deposits
Notes receivable, accounts receivable from completed construction contracts and otherCosts on construction contracts in progress Costs on development business and other Advances paid
Other
Allowance for doubtful accounts Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net Machinery, vehicles, tools, furniture and fixtures, net
Land Other, netTotal property, plant and equipment Intangible assets
Investments and other assets
Investment securities Retirement benefit asset Deferred tax assets Other
Allowance for doubtful accounts Total investments and other assets Total non-current assets
Total assets
46,954 23,371
(Million yen)As of February 28, 2022
32,502 47,629
1,276 1,851
2,448 2,653
4,011 2,234
12,638 15,354
(8) 99,823
7,928 7,672
14,663 14,807
9,246 9,251
2,649 4,081
34,487 766
9,084
1,695
94
2,850
(35)
13,688
48,943
148,766
(5) 93,088
35,812 1,879
9,468
1,688
139
2,652
(31)
13,917
51,609
144,697
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JDC Corporation published this content on 14 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 April 2022 06:54:09 UTC.
