Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
January 11, 2022
Consolidated Financial Results for FY2022 Q1
(Under Japanese GAAP)
Company name: | TeamSpirit Inc. |
Listing: | Tokyo Stock Exchange |
Securities code: | 4397 |
URL: | https://corp.teamspirit.com/ja-jp/ |
Representative: | Koji Ogishima, CEO |
Inquiries: | Yasufumi Yamashita, CFO |
Telephone: | +81-3-4577-7510 |
Scheduled date to file quarterly securities report: | January 12, 2022 |
Scheduled date to commence dividend payments: | - |
Preparation of supplementary material on quarterly financial results: Yes | |
Holding of financial results briefing: | Yes |
(Yen amounts are rounded down to millions, unless otherwise noted.)
1. Consolidated financial results for the three months ended November 30, 2021 (from September 1, 2021 to November 30, 2021)
(1) Consolidated operating results (cumulative) | (Percentages indicate year-on-year changes.) | |||||||||||
Net sales | Operating profit | Ordinary profit | Profit attributable to | |||||||||
owners of parent | ||||||||||||
Three months ended | Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | ||||
November 30, 2021 | 772 | 15.0 | 3 | -94.8 | 2 | -96.2 | -15 | -142.9 | ||||
November 30, 2020 | 671 | 21.4 | 71 | 60.8 | 74 | 70.9 | 36 | 151.3 | ||||
Note: Comprehensive income For the three months ended November 30, 2021: | ¥-14 million | [-139.5%] | ||||||||||
For the three months ended November 30, 2020: | ¥37 million | [146.4%] | ||||||||||
Basic earnings | Diluted earnings | |||||||||||
per share | per share | |||||||||||
Three months ended | Yen | Yen | ||||||||||
November 30, 2021 | -0.97 | - | ||||||||||
November 30, 2020 | 2.27 | 2.26 | ||||||||||
(2) Consolidated financial position | ||||||||||||
Total assets | Net assets | Equity-to-asset ratio | ||||||||||
As of | Millions of yen | Millions of yen | % | |||||||||
November 30, 2021 | 3,330 | 1,584 | 47.6 | |||||||||
August 31, 2021 | 3,171 | 1,577 | 49.7 | |||||||||
Reference: Equity | ||||||||||||
As of November 30, 2021: | ¥1,584 million | |||||||||||
As of August 31, 2021: | ¥1,577 million |
2. Cash dividends
Annual dividends | |||||
First quarter-end | Second quarter-end | Third quarter-end | Fiscal year-end | Total | |
Yen | Yen | Yen | Yen | Yen | |
Fiscal year ended | - | 0.00 | - | 0.00 | 0.00 |
August 31, 2021 | |||||
Fiscal year ending | - | ||||
August 31, 2022 | |||||
Fiscal year ending | |||||
August 31, 2022 | 0.00 | - | 0.00 | 0.00 | |
(Forecast) | |||||
Note: Revisions to the forecast of cash dividends most recently announced: None
3. Consolidated earnings forecasts for the fiscal year ending August 31, 2022 (from September 1, 2021 to August 31, 2022)
(Percentages indicate year-on-year changes.)
Net sales | Operating profit | Ordinary profit | Profit attributable to | Basic earnings | ||||||
owners of parent | per share | |||||||||
Millions of | % | Millions of | % | Millions of | % | Millions of | % | Yen | ||
yen | yen | yen | yen | |||||||
Fiscal year ending | 3,300 | 13.9 | -200 | -218.3 | -200 | -214.5 | -140 | -214.0 | -8.63 | |
to | to | to | to | to | to | to | to | to | ||
August 31, 2022 | ||||||||||
3,350 | 15.6 | -150 | -188.7 | -150 | -185.9 | -105 | -185.5 | -6.47 | ||
Note: 1. Revisions to the earnings forecasts most recently announced: None
2. Consolidated earnings forecasts for the fiscal year ending August 31, 2022 are stated in range format considering impacts of changes in business environment.
* Notes
- Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in the change in scope of consolidation): None
- Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: None
- Changes in accounting policies, changes in accounting estimates, and restatement
- Changes in accounting policies due to revisions to accounting standards and other regulations: Yes
- Changes in accounting policies due to other reasons: None
- Changes in accounting estimates: None
- Restatement: None
- Number of issued shares (common shares)
- Total number of issued shares at the end of the period (including treasury shares)
As of November 30, 2021 | 16,255,200 shares |
As of August 31, 2021 | 16,227,600 shares |
(ii) Number of treasury shares at the end of the period
As of November 30, 2021 | 315 shares |
As of August 31, 2021 | 315 shares |
- Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)
Three months ended November 30, 2021 | 16,254,885 shares |
Three months ended November 30, 2020 | 16,215,857 shares |
- Quarterly financial results reports are exempt from quarterly review conducted by certified public accountants or an audit corporation.
-
Statement regarding appropriate use of forward-looking statements and other notes
Forward-looking statements, including the consolidated earnings forecasts stated in these materials, are based on information currently available to the Company and certain assumptions deemed reasonable. Thus, the Company does not intend to commit future accomplishment. Accordingly, actual business results may differ substantially from the Company's current assessment.
TeamSpirit Inc. (TSE 4397)
Consolidated Financial Results for FY2022 Q1
Attached Material
1. Quarterly consolidated financial statements and primary notes …………………………………………... 2
- Quarterly consolidated balance sheet ………………………………………………………………….. 2
- Quarterly consolidated statements of income and comprehensive income ……………………………. 3 Quarterly consolidated statement of income ……………………………………………………….. 3 Quarterly consolidated statement of comprehensive income ………………………………………. 4
(3) Notes to the quarterly consolidated financial statements ……………………………………………… | 5 |
(Notes regarding going concern assumption) ………………………………………………………… | 5 |
(Notes on significant changes in the amount of shareholders' equity) ……………………………….. | 5 |
(Changes in accounting policies) ……………………………………………………………………... 5
(Significant events after reporting period) ……………………………………………………………. 6
-1-
TeamSpirit Inc. (TSE 4397)
Consolidated Financial Results for FY2022 Q1
1. Quarterly consolidated financial statements and primary notes
- Quarterly consolidated balance sheet
(Thousands of yen) | |||
As of August 31, 2021 | As of November 30, 2021 | ||
Assets | |||
Current assets | |||
Cash and deposits | 2,447,990 | 2,600,159 | |
Accounts receivable - trade | 22,804 | - | |
Accounts receivable | - trade and contract | - | 26,029 |
assets | |||
Advance payments to suppliers | 225,444 | 231,199 | |
Other | 57,720 | 53,409 | |
Allowance for doubtful accounts | -17 | -264 | |
Total current assets | 2,753,943 | 2,910,534 | |
Non-current assets | |||
Property, plant and equipment | 59,051 | 57,308 | |
Intangible assets | 145 | 130 | |
Investments and other assets | 358,833 | 362,343 | |
Total non-current assets | 418,029 | 419,781 | |
Total assets | 3,171,972 | 3,330,315 | |
Liabilities | |||
Current liabilities | |||
Accounts payable - trade | 14,622 | 18,145 | |
Income taxes payable | 103,570 | 29,152 | |
Deferred revenue | 1,193,715 | 1,422,282 | |
Provision for bonuses | 9,180 | - | |
Other | 273,515 | 276,527 | |
Total current liabilities | 1,594,603 | 1,746,107 | |
Total liabilities | 1,594,603 | 1,746,107 | |
Net assets | |||
Shareholders' equity | |||
Share capital | 802,288 | 805,393 | |
Capital surplus | 792,288 | 795,393 | |
Retained earnings | -17,365 | -17,845 | |
Treasury shares | -509 | -509 | |
Total shareholders' equity | 1,576,701 | 1,582,431 | |
Accumulated other comprehensive income | |||
Foreign currency translation adjustment | 667 | 1,776 | |
Total accumulated | other comprehensive | 667 | 1,776 |
income | |||
Total net assets | 1,577,369 | 1,584,207 | |
Total liabilities and net assets | 3,171,972 | 3,330,315 |
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TeamSpirit Inc. published this content on 11 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 January 2022 06:17:14 UTC.