Keyware : Summary of Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending March 31, 2022

Summary of Consolidated Financial Results for

the Third Quarter of the Fiscal Year Ending March 31, 2022 [under Japanese GAAP]

												January 31, 2022
Company: Keyware Solutions Inc.						Stock Exchange Listings: TSE 2nd section
Stock code: 3799							URL: https://www.keyware.co.jp/english
Representative director: Masahiro Mita, President & CEO
Contact: Keiji Ushirone General Manager of Corporate Planning division and PR & IR Office
												Tel: [phone]
Scheduled date of filing Quarterly Securities Report:		February 14, 2022
Scheduled commencement date of dividend payout:		-
Supplemental information for quarterly financial results: None
Schedule for quarterly shareholders meeting:			None
								(Amounts are rounded down to units of million yen)
1. Summary of financial results for the third quarter of the fiscal year ending March 31, 2022
									(April 1, 2021 - December 31, 2021)
(1) Consolidated operating results
		(Percentage figures indicate changes from the same quarter of the prior fiscal year)
		Sales		Operating income	Ordinary income	Profit attributable to
			owners of parent
		¥million	%	¥million		%	¥million	%	¥million	%
3Q of FY2022		13,083	5.5	248		458.0	422	138.4	278	124.5
3Q of FY2021		12,404	-2.7		44		-	177	74.5	123	6.0
(Note) Comprehensive income:
3Q of FY2022: ¥ 257 million (71.5%)
3Q of FY2021: ¥ 150 million (17.6%)
		Net income per share			Diluted net income per share
				¥						¥
3Q of FY2022				35.79					-
3Q of FY2021				17.23					-

(Note) The "Accounting Standard for Revenue Recognition" (Accounting Standards Board of Japan Statement No. 29, March 31, 2020) has been applied from the first quarter of the year ending March 31, 2022, and the figures for the third quarter of the year ending March 31, 2022 are figures after application of the accounting standard.

(2) Consolidated financial position

		Total assets	Net assets	Ownership equity ratio
		¥million	¥million	%
As of December 31, 2021		10,262	7,191	70.1
As of March 31, 2021		10,310	6,048	58.7
(Reference) Shareholders' Equity	As of December 31, 2021: ¥ 7,191 million
		As of March 31, 2021: ¥ 6,048 million

2. Dividends

		Annual dividends per share
	1st Quarter	2nd Quarter	3rd Quarter	4th Quarter	Full Year
	¥	¥	¥	¥	¥
FY2021	-	0.00	-	12.00	12.00
FY2022	-	0.00	-
FY2022 (forecast)				12.00	12.00

(Note) Revision of the latest released dividend forecast: None

3. Forecast of consolidated financial results for the fiscal year ending March 31, 2022

(April 1, 2021 - March 31, 2022)

(Percentage figures indicate changes from the prior fiscal year)

	Sales		Operating income	Ordinary income	Profit attributable to	Net income
		owners of parent	per share
	¥million	%	¥million	%	¥million	%	¥million	%	¥
Full Year	19,000	2.0	650	2.3	700	-7.4	600	-12.5	76.60

(Note) Revision of the latest released financial results forecast: None

• Notes
• 1. Changes in the number of important subsidiaries during the period under review: None (changes in the scope of consolidation due to change in the number of specified subsidiaries)
  2. Application of special accounting treatment when preparing quarterly consolidated financial statements: None
  3. Changes in accounting policies, changes in accounting estimates, or revised presentation
  4. 1. Changes in accounting policies due to revisions to accounting standards, etc.: Yes
     2. Changes in accounting policies other than those in i.: None
     3. Changes in accounting estimates: None
     4. Revised presentation: None

1. Ordinary shares issued (common stock)
2. 1. Ordinary shares issued at end of period (including treasury stock)
   2. Treasury stock issued at end of period
   3. Average number of shares

As of December 31,	9,110,000	As of March 31,	9,110,000
2021	2021
As of December 31,	1,080,061	As of March 31,	2,280,031
2021	2021
3Q ended	7,768,123	3Q ended	7,187,551
December 31, 2021	December 31, 2020

• This financial report is outside the scope of audit procedures.
• Disclaimer

The above forecasts are based on judgments made in accordance with information available at the time these materials were prepared, and contain numerous uncertainties. Changing conditions and other factors may cause actual results to differ from the results in these forecasts.