Consolidated Financial Results
for the Nine Months Ended October 31, 2021
[Japanese GAAP]
November 30, 2021
Company name: Tri Chemical Laboratories Inc.
Stock exchange listing: Tokyo Stock Exchange
Code number: 4369
URL: http://www.trichemical.com
Representative: Kiyoshi Tazuke, President
Contact: Yoshihide Suzuki, Director
Phone: +81-554-63-6600
Scheduled date of filing quarterly securities report: December 15, 2021
Scheduled date of commencing dividend payments: -
Availability of supplementary briefing material on quarterly financial results: Not available
Scheduled date of quarterly results briefing session: Not scheduled
(Amounts of less than one million yen are rounded down.)
1. Consolidated Financial Results for the Nine Months Ended October 31, 2021 (February 1, 2021 to October 31, 2021)
(1) Consolidated Operating Results (cumulative) | (% indicates changes from the previous corresponding period.) | ||||||||
Net sales | Operating profit | Ordinary profit | Profit attributable to | ||||||
owners of parent | |||||||||
Nine months ended | Million yen | % | Million yen | % | Million yen | % | Million yen | % | |
October 31, 2021 | 8,527 | 16.2 | 2,350 | 6.7 | 4,074 | 19.0 | 3,159 | 18.1 | |
October 31, 2020 | 7,339 | 20.0 | 2,203 | 31.7 | 3,424 | 29.1 | 2,674 | 29.6 |
(Note) Comprehensive income: Nine months ended October 31, 2021: ¥3,228 million (25.4%) Nine months ended October 31, 2020: ¥2,574 million (35.3%)
Basic earnings | Diluted earnings | ||
per share | per share | ||
Nine months ended | Yen | Yen | |
October 31, | 2021 | 97.54 | - |
October 31, | 2020 | 85.58 | - |
(Note) The Company executed a four-for-one stock split for each common share on February 1, 2021. Accordingly, the figures for basic earnings per share have been calculated assuming that the stock split was executed at the beginning of the fiscal year ended January 31, 2021. Diluted earnings per share are not presented as there were no dilutive shares.
(2) Consolidated Financial Position
Total assets | Net assets | Equity ratio | |
Million yen | Million yen | % | |
As of October 31, 2021 | 26,708 | 20,238 | 75.8 |
As of January 31, 2021 | 19,867 | 12,601 | 63.4 |
(Reference) Equity: As of October 31, 2021: ¥20,238 million As of January 31, 2021: ¥12,601 million
2. Dividends
Annual dividends | |||||
1st | 2nd | 3rd | Year-end | Total | |
quarter-end | quarter-end | quarter-end | |||
Fiscal year ended January | Yen | Yen | Yen | Yen | Yen |
- | 0.00 | - | 68.00 | 68.00 | |
31, 2021 | |||||
Fiscal year ending January | - | 0.00 | - | ||
31, 2022 | |||||
Fiscal year ending January | 17.00 | 17.00 | |||
31, 2022 (Forecast) | |||||
(Note) Revision of dividend forecasts from recently announced figures: None
(Note) The Company executed a four-for-one stock split for each common share on February 1, 2021. For the fiscal year ended January 31, 2021, the figures for dividends are presented in amounts of the actual dividends paid, and the figures for dividends for the fiscal year ending January 31, 2022 (forecast) are presented in amounts after the said stock split.
3. Consolidated Financial Results Forecast for the Fiscal Year Ending January 31, 2022 (February 1, 2021 to January 31, 2022)
(% indicates changes from the previous corresponding period.)
Net sales | Operating profit | Ordinary profit | Profit attributable to | Basic earnings | |||||
owners of parent | per share | ||||||||
Million yen | % | Million yen | % | Million yen | % | Million yen | % | Yen | |
Full year | 11,000 | 12.2 | 2,950 | 9.6 | 4,980 | 15.2 | 3,880 | 14.9 | 119.70 |
(Note) Revision of financial results forecast from recently announced figures: None
* Notes:
- Changes in significant subsidiaries during the period under review: No (Changes in specific subsidiaries due to changes in the scope of consolidation)
New: - companies (company name) | , excluded: - companies (company name) |
- Application of accounting treatment specific to preparation of quarterly consolidated financial statements: No
- Changes in accounting policies, changes in accounting estimates and retrospective restatement
- Changes in accounting policies due to the revision of accounting standards: No
- Changes in accounting policies other than 1) above: No
- Changes in accounting estimates: No
- Retrospective restatement: No
- Total number of issued shares (common shares)
- Total number of issued shares at the end of the period (including treasury shares):
As of October 31, 2021: 32,498,640 shares
As of January 31, 2021: 31,248,640 shares
-
Total number of treasury shares at the end of the period: As of October 31, 2021: 1,580 shares
As of January 31, 2021: 1,580 shares - Average number of shares during the period:
Nine months ended October 31, 2021: 32,387,169 shares
Nine months ended October 31, 2020: 31,247,224 shares
(Note) The Company executed a four-for-one stock split for each common share on February 1, 2021. Accordingly, the total number of issued shares at the end of the period, the total number of treasury shares at the end of the period, and the average number of shares during the period have been calculated assuming that the stock split was executed at the beginning of the fiscal year ended January 31, 2021.
- These quarterly financial results are outside the scope of quarterly review by certified public accountants or an audit firm.
- Explanation of the proper use of financial results forecast and other notes
The earnings forecasts and other forward-looking statements herein are based on information currently available to the Company and certain assumptions deemed reasonable, and do not represent a commitment by the Company that they will be achieved. Actual results may differ significantly from these forecasts due to a wide range of factors.
Quarterly Consolidated Financial Statements
(1) Quarterly Consolidated Balance Sheets
(Thousand yen) | |||||
As of January 31, 2021 | As of October 31, 2021 | ||||
Assets | |||||
Current assets | |||||
Cash and deposits | 1,698,612 | 7,023,736 | |||
Notes and accounts receivable - trade | 2,783,207 | 3,338,712 | |||
Electronically recorded monetary claims - operating | 1,119,212 | 870,149 | |||
Merchandise and finished goods | 13,422 | 64,820 | |||
Work in process | 713,613 | 805,868 | |||
Raw materials and supplies | 881,878 | 1,251,027 | |||
Other | 374,759 | 254,314 | |||
Total current assets | 7,584,706 | 13,608,629 | |||
Non-current assets | |||||
Property, plant and equipment | |||||
Buildings and structures | 5,020,683 | 5,229,794 | |||
Accumulated depreciation | (1,233,191) | (1,430,918) | |||
Buildings and structures, net | 3,787,491 | 3,798,875 | |||
Machinery, equipment and vehicles | 2,669,674 | 3,070,285 | |||
Accumulated depreciation | (1,429,693) | (1,641,292) | |||
Machinery, equipment and vehicles, net | 1,239,980 | 1,428,993 | |||
Tools, furniture and fixtures | 2,195,213 | 2,570,737 | |||
Accumulated depreciation | (1,452,432) | (1,649,117) | |||
Tools, furniture and fixtures, net | 742,780 | 921,619 | |||
Land | 714,933 | 714,933 | |||
Other | 1,556,937 | 1,296,240 | |||
Accumulated depreciation | (162,616) | (223,978) | |||
Other, net | 1,394,320 | 1,072,261 | |||
Total property, plant and equipment | 7,879,507 | 7,936,684 | |||
Intangible assets | 208,508 | 178,140 | |||
Investments and other assets | |||||
Investment securities | 4,147,328 | 4,861,884 | |||
Other | 47,708 | 123,633 | |||
Total investments and other assets | 4,195,036 | 4,985,518 | |||
Total non-current assets | 12,283,053 | 13,100,343 | |||
Total assets | 19,867,759 | 26,708,973 |
1
(Thousand yen) | |||||
As of January 31, 2021 | As of October 31, 2021 | ||||
Liabilities | |||||
Current liabilities | |||||
Accounts payable - trade | 525,821 | 776,475 | |||
Short-term loans payable | 580,000 | - | |||
Current portion of long-term loans payable | 615,547 | 815,755 | |||
Income taxes payable | 593,172 | 528,400 | |||
Provision for bonuses | 76,084 | 237,092 | |||
Other | 899,835 | 849,475 | |||
Total current liabilities | 3,290,460 | 3,207,199 | |||
Non-current liabilities | |||||
Long-term loans payable | 3,160,646 | 2,502,639 | |||
Net defined benefit liability | 102,327 | 108,552 | |||
Other | 712,935 | 652,192 | |||
Total non-current liabilities | 3,975,908 | 3,263,384 | |||
Total liabilities | 7,266,369 | 6,470,583 | |||
Net assets | |||||
Shareholders' equity | |||||
Capital stock | 808,912 | 3,278,912 | |||
Capital surplus | 709,912 | 3,179,912 | |||
Retained earnings | 11,062,738 | 13,690,576 | |||
Treasury shares | (1,720) | (1,720) | |||
Total shareholders' equity | 12,579,843 | 20,147,681 | |||
Accumulated other comprehensive income | |||||
Valuation difference on available-for-sale securities | (168) | 106 | |||
Foreign currency translation adjustments | 38,500 | 104,900 | |||
Remeasurements of defined benefit plans | (16,785) | (14,298) | |||
Total accumulated other comprehensive income | 21,545 | 90,708 | |||
Total net assets | 12,601,389 | 20,238,390 | |||
Total liabilities and net assets | 19,867,759 | 26,708,973 |
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Tri Chemical Laboratories Inc. published this content on 06 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 December 2021 04:41:03 UTC.