Securities code: 3657
Abbreviation: Pole HD
March 15, 2021
Poletowin Pitcrew Holdings, Inc.
Supplementary Information to the Financial Results
for the Year Ended January 31, 2021
【Summary】 | ||
Net sales: | ¥ | 26,729 million |
Operating profit: | ¥ | 3,217 million |
Net profit: | ¥ | 2,119 million |
( 2.3% increase YoY) ( 8.9% decrease YoY) (18.6% increase YoY)
- Net Sales: ¥6,804 million(3Q)→ ¥7,525 million(4Q), Operating profit: ¥954 million(3Q)→ ¥986 million(4Q). Achieved record high quarterly net sales and operating profit.
- Net sales increased 6.6%, Operating profit increased 108.9% compared to the same period in the previous year.
- Profit improvement was achieved due to increase in services related to EC, QR code settlement and recruitment efficiency.
- Net sales increased 1.3%, Operating profit decreased 17.7% compared to the same period in the previous year.
- Sales for third party verification in non games market and services toward overseas clients increased.
- Received orders related to GIGA School Project as support servicer to provide IT enabled education environment at schools.
- Posted deficit due to upfront investment in CREST Inc.
INDEX
1. Overview of Consolidated Financial Results for
the Fiscal Year Ended January 31, 2021 | ・・・・・・・・・・・・・・・・・・・・・・・ 2 | |
2. | Consolidated Forecasts for the Year Ending January 31, 2022 ・・・・・・ 10 | |
3. | Future Business Strategies ・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 12 | |
4. | Reference: Corporate Profile/Our Business | ・・・・・・・・・・・・・・・・・・・・・ 14 |
1
1. Overview of Consolidated Financial Results for the Fiscal Year Ended January 31, 2021
1-1. Overview of Consolidated Financial Results for the Year Ended January 31, 2021 (Change YoY)
Units: ¥ million (Amounts less than ¥1 million omitted)
FY2021.1 | FY2020.1 | Change YoY | ||||
Fiscal Year Ended | Fiscal Year Ended | |||||
January 31, 2021 | January 31,2020 | |||||
Results | Margin | Results | Margin | Results | Margin | |
Net sales | 26,729 | - % | 26,120 | - % | +608 | +2.3% |
Operating profit | 3,217 | 12.0% | 3,531 | 13.5% | (313) | (8.9%) |
Ordinary profit | 3,595 | 13.5% | 3,473 | 13.3% | +121 | +3.5% |
Profit attributable | 2,119 | +332 | ||||
to owners of | 7.9% | 1,787 | 6.8% | +18.6% | ||
parent | ||||||
*Percentages rounded down to one decimal place |
2
1. Overview of Consolidated Financial Results for the Fiscal Year Ended January 31, 2021
1-2. Overview of Consolidated Financial Results for the Year Ended January 31, 2021 (vs. Forecast)
Units: ¥ million (Amounts less than ¥1 million omitted)
FY2021.1 | FY2021.1 | Comparison | |||||
Results | Forecast | to Forecast | |||||
Results | Margin | Initial forecast | Margin | Change | Attainment | ||
amount | rate | ||||||
Net sales | 26,729 | - % | 28,744 | - % | (2,015) | 93.0% | |
Operating profit | 3,217 | 12.0% | 3,587 | 12.5% | (369) | 89.7% | |
Ordinary profit | 3,595 | 13.5% | 3,576 | 12.4% | +19 | 100.5% | |
Profit attributable | 2,119 | 7.9% | 2,341 | (221) | 90.6% | ||
to owners of | 8.1% | ||||||
parent | |||||||
*Percentages rounded down to one decimal place |
3
1. Overview of Consolidated Financial Results for the Fiscal Year Ended January 31, 2021
1-3. Segment Overviews for the Year Ended January 31, 2021
Testing/Verification & Evaluation Business
Net Sales 20,129 million (75.3% of net sales)
FY2021.1 | FY2020.1 | Change YoY | ||
Change | Margin | |||
Net sales | 20,129 | 19,874 | +254 | +1.3% |
Operating | 2,647 | 3,216 | (568) | (17.7%) |
profit | ||||
Operating | 13.2% | 16.2% | (3.0%) | ー |
margin | ||||
Units: ¥ million
(Amounts less than ¥1 million omitted)
Percentages rounded down to one decimal place
Internet Supporting Business Net Sales 6,441 million (24.1% of net sales)
FY2021.1 | FY2020.1 | Change YoY | ||
Change | Margin | |||
Net sales | 6,441 | 6,043 | +398 | +6.6% |
Operating | 611 | 292 | +318 | +108.9% |
profit | ||||
Operating | 9.5% | 4.8% | +4.7% | ー |
margin | ||||
Units: ¥ million
(Amounts less than ¥1 million omitted)
Percentages rounded down to one decimal place
4
1. Overview of Consolidated Financial Results for the Fiscal Year Ended January 31, 2021
1-4. Quarterly Net Sales and Operating Profit
Units: ¥ million (Amounts less than ¥1 million omitted)
■ Testing/Verification & | Quarterly sales | |||||||
Evaluation Business | ||||||||
■ Internet Supporting Business | ||||||||
■ Others | ||||||||
8,000 | 7,276 | 7,525 | ||||||
7,000 | 6,348 | 6,441 | 1,561 | 6,332 | 6,804 | |||
6,053 | 6,067 | 1,780 | ||||||
6,000 | ||||||||
1,483 | 1,562 | 1,605 | ||||||
1,516 | 1,538 | |||||||
1,435 | ||||||||
5,000 | 5,715 | |||||||
4,000 | 5,678 | 5,170 | ||||||
4,796 | 4,831 | 4,742 | 4,500 | |||||
3,000 | ||||||||
4,569 | ||||||||
2,000 | ||||||||
1,000 | ||||||||
0
1Q | 2Q | 3Q | 4Q | 1Q | 2Q | 3Q | 4Q |
FY2020.1 | FY2021.1 | ||||||
Units: ¥ million (Amounts less than ¥1 million omitted)
Quarterly operating profit
1,000 | 957 | 961 | 954 | 986 | |
853 |
800 758
670
606
600
400
200
0
1Q | 2Q | 3Q | 4Q | 1Q | 2Q | 3Q | 4Q | ||
FY2021.1 | |||||||||
FY2020.1 | |||||||||
Note: Quarterly sales and operating profit are internal management figures provided as reference information | 5 |
1. Overview of Consolidated Financial Results for the Fiscal Year Ended January 31, 2021
1-5. Financial Position: Consolidated Balance Sheets
Units: ¥ million (Amounts less than ¥1 million omitted) | |||||
As of Jan. 31, 2021 | As of Jan. 31, 2020 | Change | |||
Total current assets | 17,102 | 14,705 | +2,397 | ||
Cash and deposits | 11,158 | 10,514 | +644 | ||
Total property, plant and | 694 | 718 | (24) | ||
equipment | |||||
Total intangible assets | 940 | 908 | +31 | ||
Investments and other assets | 1,652 | 1,431 | +221 | ||
Total non-current assets | 3,286 | 3,058 | +228 | ||
Total assets | 20,389 | 17,763 | +2,625 | ||
Total current liabilities | 4,454 | 3,146 | +1,307 | ||
Total non-current liabilities | 260 | 296 | (36) | ||
Total liabilities | 4,714 | 3,443 | +1,271 | ||
Total net assets | 15,675 | 14,320 | +1,354 | ||
Capital stock | 1,239 | 1,237 | +1 | ||
Capital surplus | 2,379 | 2,377 | +1 | ||
Retained earnings | 12,372 | 10,706 | +1,665 | ||
Treasury shares | (167) | (169) | +1 | ||
Total liabilities and net assets | 20,389 | 17,763 | +2,625 | 6 | |
1. Overview of Consolidated Financial Results for the Fiscal Year Ended January 31, 2021
1-6. Financial Position: Consolidated Statements of Cash Flows
Units: ¥ million (Amounts less than ¥1 million omitted)
FY2021.1 | FY2020.1 | Change | |
(2020.2-2021.1) | (2018.2-2020.1) | YoY | |
Operating cash flows | 2,040 | 2,402 | (361) |
Investing cash flows | (963) | (850) | (113) |
Financing cash flows | (468) | (416) | (52) |
Effect of exchange rate changes on cash | 35 | 32 | +3 |
and cash equivalents | |||
Net increase in cash and cash | 644 | 1,168 | (523) |
equivalents | |||
Cash and cash equivalents at beginning | 10,514 | 9,345 | +1,168 |
of year | |||
Cash and cash equivalents at end of year | 11,158 | 10,514 | +644 |
7
1. Overview of Consolidated Financial Results for the Fiscal Year Ended January 31, 2021
1-7. Shareholder Returns (Forecast of Cash Dividends per Share)
Dividend policy
Target payout ratio of 25% to consolidated net profit
Yearly dividends per share
Fiscal 2018 | Fiscal 2019 | Fiscal 2020 | Fiscal 2021 |
Forecast | |||
¥9.5/share | ¥11/share | ¥12/share | ¥13/share |
(Note) The Group conducted a two-for-one split of its common shares effective as of January 1, 2020.
For the dividend amount for fiscal year ended January 31, 2018, the amount is displayed with retroactive adjustments made reflecting the two-for-one share split.
8
1. Overview of Consolidated Financial Results for the Fiscal Year Ended January 31, 2021
1-8. Stock Information
- Number of Shares Issued
As of January 31, 2020 | 38,120,800 |
As of January 31, 2021 | 38,156,000 |
- Stock Distribution by Shareholder
■ Fiscal 2020 (As of January 31, 2020) | ■ Fiscal2021 (As of January 31, 2021) |
Treasury shares | Treasury shares |
0.72% | 0.71% |
Foreign | Individuals and | Foreign | |||||
institutions, etc. | Individuals and | ||||||
other | institutions, etc. | ||||||
30.84% | other | ||||||
43.27% | 39.17% | 3,367 | |||||
4,471 | 40.28% | ||||||
Other domestic | |||||||
Shareholders | |||||||
institutions | Shareholders | ||||||
0.35% | Other domestic | ||||||
■ Individuals and other | |||||||
institutions | |||||||
Financial | ■ Financial institutions | ||||||
0.69% | Financial | ||||||
institutions | ■ Financial instruments | ||||||
institutions | |||||||
23.53% | |||||||
Financial instruments | Financial instruments | 18.09% | brokerage companies | ||||
brokerage companies | ■ Other domestic institutions | ||||||
brokerage companies | |||||||
1.06% | ■ Foreign institutions, etc. | ||||||
1.29% | |||||||
Note: Both charts have been compiled based on the number of outstanding shares, with fractions rounded off ■ Treasury shares | 9 |
2. Consolidated Forecasts for the Year Ending January 31, 2022
2-1. Consolidated Forecasts for the Year Ending January 31, 2022
Units (except for per-share figures): ¥ million (Amounts less than ¥1 million omitted)
FY2022.1 | FY2021.1 | YoY change | |||
Forecasts | Results | Amount | % | ||
Net sales | 30,077 | 26,729 | +3,347 | +12.5% | |
Operating profit | 3,452 | 3,217 | +234 | +7.3% | |
Ordinary profit | 3,392 | 3,595 | (203) | (5.7%) | |
Profit attributable to | 2,123 | 2,119 | +3 | +0.2% | |
owners of parent | |||||
Net profit per share | ¥55.66 | ¥55.99 | (¥0.33) | ー | |
Cash dividends per share | ¥14 | ¥13 | ¥+1 | ー | |
Percentages rounded down to one decimal place |
10
2. Consolidated Forecasts for the Year Ending January 31, 2022
2-2. Consolidated Fiscal Performance and Plan
Sales | Operating profit and net profit |
Sales | Operating profit/Net profit | ■ | Operating profit | ||||||||
Units: ¥ million | Units: ¥ million | ||||||||||
■ | Net profit | ||||||||||
(Amounts less than ¥1 million omitted) | (Amounts less than ¥1 million omitted) | ||||||||||
Operating margin | |||||||||||
30,000 | 30,077 | Operating | |||||||||
margin (%) | |||||||||||
3,531 | |||||||||||
3,452 | 16.0 | ||||||||||
3,500 | |||||||||||
26,729 | |||||||||||
26,217 | 3,217 | ||||||||||
3,162 | |||||||||||
25,000 | 23,763 | 14.0 | |||||||||
3,000 | |||||||||||
22,266 | |||||||||||
12.0 | |||||||||||
20,000 | 2,500 | ||||||||||
2,250 | 2,119 | 2,123 | 10.0 | ||||||||
15,000 | 2,000 | 1,839 | 1,787 | ||||||||
8.0 | |||||||||||
1,500 | |||||||||||
10,000 | 1,099 | 6.0 | |||||||||
1,000 | 4.0 | ||||||||||
5,000 | |||||||||||
500 | 2.0 | ||||||||||
0 | 0 | 0.0 | |||||||||
FY2019.1 | |||||||||||
FY2018.1 | FY2020.1 | FY2021.1 | FY2022.1(est.) | FY2018.1 | FY2019.1 | FY2020.1 | FY2021.1 | FY2022.1(est.) |
Note: FY2022.1 estimates are forecasts disclosed on March 12, 2021.
11
3. Future Business Strategies
3-1. Future Business Strategy Approaches (1)
【Market Condition】
・Life styles have changed due to world wide Covid-19 impact
・Shopping thru internet, leisure thru game/movie/music distribution.
・Education and culture lessons also thru distribution. Educational material digitalized.
1
2
【Testing/Verification & Evaluation Business】
Promote order increase in detection (finding bugs), localization and game development support as game market revitalized as a result of number increase of people staying home. Also enhance third-party verification services in AI, MaaS, and xTech.
【Internet Supporting Business】
Promote order increase in fraud prevention service.
Ex.)Non-face-to face service: e-commerce,Non-contact service: cashless payment. Increase game market share in customer support, by enhancing collaboration with Testing/Verification & Evaluation Business.
【Corporate Structure】
To further enhance management efficiency and synergistic effects, integrate
3 administration and sales division of the Group's main business subsidiaries to headquarters. Also continue to acquire talent, enhance capital and business alliance and M&A.
12
3. Future Business Strategies
3-2. Future Business Strategy Approaches (2)
Service Property
Domestic BPO
Overseas BPO
Others
Segment
Internet
Supporting
Business
【 | Game |
Testing/Verification Business | Defect |
Detection | |
Verification | |
& | Overseas |
Business | |
Evaluation | |
Media& | |
Content | |
Other
Market Movement | Main Company |
Non-face-to-face,Non-contact | LTDPITCREW CO., |
service increase. (Ex: e-commerce & | |
cashless payment) | |
Game market revitalized as more | Pole To Win Co., |
people staying home due to Covid- | |
Ltd. | |
19 and new hardware launch | |
Market expansion in | QaaS Co., Ltd. |
AI, MaaS, & xTech | |
More people staying home due to | PTW International |
Covid-19. New hardware launch. | |
Holdings Limited | |
Potential with population growth | |
Worldwide anime popularity and game | QBIST Inc. |
development interlinked | colorful Inc |
CREST Inc. | |
SDGs related barrier-free demand | Palabra Inc. |
increasing | IMAid Inc. |
13
4. Reference: Corporate Profile/Our Business
4-1. Corporate Profile
( As of January 31, 2021 )
Company Name | Poletowin Pitcrew Holdings, Inc. |
Representatives | Tamiyoshi Tachibana, Chairman |
Teppei Tachibana, President & CEO | |
Head Office | Shinjuku NS Building, 2-4-1,Nishi-Shinjuku,Shinjuku-ku, Tokyo, Japan |
Date Established | February 2, 2009 |
Capital | ¥1,239 Million (As of January 31, 2021) |
Stock Exchange/ | Tokyo Stock Exchange (First Section) (Securities Code: 3657 Abbreviation: Pole HD) |
Securities Code | |
Business
Description
Operations ancillary and pertaining to the control and management of business activities of the Company and the entire Group encompassed 29 consolidated subsidiaries.
Major Group Businesses
1. Testing/Verification & Evaluation Business
Detecting defects (finding bugs) in support of enhancing the quality of software and hardware
-
Internet Supporting Business
Detecting fraud and illegal or harmful information on the Internet to help websites operate soundly - Others
Including medical staffing services, publishing/media businesses
Consolidated | Net Sales: | ¥26,729 Million | No. of Employees on Consolidated Basis: 5,693 |
Financial Results | Ordinary Profit: | ¥3,595 Million | (including 2,276 full-time employees as of January 31, 2021) |
(Fiscal 2021) | Net Profit: | ¥2,119 Million | |
14
3. Reference: Corporate Profile/Our Business
4-2. Group Composition
(As of January 31, 2021)
Poletowin Pitcrew Holdings, Inc.
Testing/Verification & Evaluation Business
Pole To Win Co., Ltd. | QaaS Co., Ltd. | CREST Inc. | |||||
QBIST Inc. | CREST JOB Inc. | ||||||
colorful Inc. | CREST company Inc | ||||||
PTW International Holdings Limited
PTW Japan Co., Ltd.
ENTALIZE CO., LTD.
CrossFunction Co., Ltd.
PTW Shanghai Co., Ltd.
PTW America, Inc.
PTW International UK Limited
PTWI India Private Limited
PTW (Singapore) Pte. Ltd.
PTW Korea Co., Ltd.
Side UK Limited
PTW Romania SRL.
PTW International (Malaysia) Sdn. Bhd.
SIDE LA, LLC
PTW Canada Solutions, Inc.
1518 Studios, Inc.
Internet Supporting BusinessOthers
PITCREW CO., LTD.Pacer CO., Ltd.
Daiichi Shorin Co., Ltd. | |||
POLE TO WIN VIET NAM JOINT STOCK COMPANY | |||
IMAid Inc. | |||
Palabra Inc. | |||
15
4. Reference: Corporate Profile/Our Business
4-3. Business Sites
◼Operating in 12 cities in Japan and 18 sites in 10 overseas countries
U.K. | South | |
3 sites > | Korea | Canada |
2sites | <Montreal> | |
Romania | ||
<>> |
(As of January 31, 2021)
India
2 sitesMalaysia
>
China | U.S. | |
2 sites | 4 sites | |
Sapporo | ||
Vietnam | ||
<Hanoi> | Niigata | |
Singapore | Kyoto | Sendai |
<>> | ||
Kitakyushu | Tokyo | |
Nagoya | Yokohama | |
Fukuoka | Kofu |
OsakaGifu
16
Forward-looking Statements
- The information on this website includes forward-looking statements. These forward-looking statements do not guarantee our future financial results, but involve risks and uncertainties that could cause actual results to differ materially from those discussed in the forward-looking statements.
- Risks and uncertainties include general and industry market conditions, and general domestic and international economic conditions such as interest rate and foreign exchange fluctuations.
- Poletowin Pitcrew Holdings, Inc., bears no obligation to update and revise the forward-looking statements disclosed herein, even in the event of new information, future events and other material incidents arising.
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Poletowin Pitcrew Holdings Inc. published this content on 13 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 April 2021 07:32:02 UTC.