Tsukuruba : Non-consolidated Financial Results for the Six Months Ended January 31, 2020

Note:This document is a translation of a part of the original Japanese version and provided for reference purposes only. In the event of any discrepancy between the Japanese original and this English translation, the Japanese original shall prevail.

Non-consolidated Financial Results for the Six Months Ended January 31, 2021

[Japanese GAAP]

Company name: TSUKURUBA Inc. Stock exchange listing: Tokyo Code number: 2978

URL:https://tsukuruba.com/ Representative: Hiroki Murakami Contact: Ryohei Koike

Phone: [phone]

Representative Director, CEO Director, CFO

Scheduled date of filing quarterly securities report: March 15, 2021 Scheduled date of commencing dividend payments: -

Availability of supplementary briefing material on quarterly financial results: Yes Schedule of quarterly financial results briefing session: Yes

March 15, 2021

(Amounts of less than one million yen are rounded down)

1. Non-consolidated Financial Results for the Six Months Ended January 31, 2021 (August 01, 2020 to January 31, 2021)

(1) Non-consolidated Operating Results

(% indicates changes from the previous corresponding period.)

Net sales	Operating profit	Ordinary profit	Net income
Six months ended January 31, 2021 January 31, 2020	Million yen 760 992	% (23.37) -	Million yen (118) 36	% - -	Million yen (112) 36	% - -	Million yen (119) 28	% - -

Basic earnings per share	Diluted earnings per share
Six months ended January 31, 2021 January 31, 2020	Yen (12.62) 3.20	Yen - 2.83

(2) Non-consolidated Financial Position

Total assets	Net assets	Capital adequacy ratio
As of January 31, 2021 July 31, 2020	Million yen 3,205 2,162	Million yen 992 1,074	% 30.3 49.6

(Reference) Equity:

As of As ofJanuary 31, 2021:

July 31, 2020:

¥ ¥

971 million 1,073 million

2. Dividends

Annual dividends
1st quarter-end	2nd quarter-end	3rd quarter-end	Year-end	Total
Fiscal year ended July 31, 2020 Fiscal year ending July 31, 2021	Yen - -	Yen 0.00 0.00	Yen -	Yen 0.00	Yen 0.00
Fiscal year ending July 31, 2021 (Forecast)	-	0.00	0.00

(Note) Revision to the forecast for dividends announced most recently: No

(Note) Breakdown of the 2nd quarter dividend for the fiscal year ending July 31, 2021 :

Commemorative dividend Special dividend

- yen - yen

3. Non-consolidated Financial Results Forecast for the Fiscal Year Ending July 31, 2021(August 01, 2020 to July 31, 2021)

(% indicates changes from the previous corresponding period.)

Net sales	Operating profit	Ordinary profit	Net income	Basic earnings per share
Full year	Million yen 1,472	% (14.3)	Million yen (563)	% -	Million yen (573)	% -	Million yen (587)	% -	Yen (62.0)

(Note) Revision to the financial results forecast announced most recently: No

* Notes:

• (1) Accounting policies adopted specially for the preparation of quarterly Non-consolidated financial statements: No

• (2) Changes in accounting policies, changes in accounting estimates and retrospective restatement

  • 1) Changes in accounting policies due to the revision of accounting standards: No

  • 2) Changes in accounting policies other than 1) above: No

  • 3) Changes in accounting estimates: No

  • 4) Retrospective restatement: No

(3) Total number of issued shares (common shares)

1) Total number of issued shares at the end of the period (including treasury shares):

January 31, 2021:

July 31, 2020:

9,869,700 shares 9,799,700 shares

2) Total number of treasury shares at the end of the period:January 31, 2021:

July 31, 2020:

335,600 shares 335,600 shares

3) Average number of shares during the period:

Six months ended January 31, 2021:

Six months ended January 31, 2020:

9,507,244 shares 8,996,100 shares

*This quarterly report of financial results is out of scope from quarterly review procedures conducted by independent auditors. *Explanation about appropriate usage of business forecasts and other special notes

The forecasts above are based on the judgments made in accordance with information currently available. Forecasts therefore include risks and uncertainties. Actual figures may differ from these forecasts due to subsequent changes in the circumstances.