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.
Consolidated Financial Results | |
for the Nine Months Ended December 31, 2021 | |
[Japanese GAAP] | |
February 4, 2022 | |
Company name: | Yamatane Corporation |
Stock exchange listing: | Tokyo Stock Exchange |
Securities code: | 9305 |
URL: | http://www.yamatane.co.jp |
Representative: | Motohiro Yamazaki, Representative Director, President |
Contact: | Ichiro Tasaki, General Manager, Accounting & Finance Department, Administration |
Division | |
Phone: | +81-3-3820-1111 |
Scheduled date for filing quarterly securities report: February 14, 2022
Scheduled date for commencing dividend payments: -
Preparation of supplementary briefing materials for quarterly financial results: None
Holding of quarterly financial results briefing: None
(Amounts of less than one million yen are truncated.)
1. Consolidated financial results for the nine months ended December 31, 2021 (April 1, 2021 to December 31, 2021)
(1) Consolidated operating results | (% indicates year-on-year change) | |||||||||
Net sales | Operating profit | Ordinary profit | Profit attributable to | |||||||
owners of parent | ||||||||||
Nine months ended | Million yen | % | Million yen | % | Million yen | % | Million yen | % | ||
December 31, 2021 | 34,985 | - | 2,256 | (6.5) | 2,053 | (11.8) | 1,375 | (8.9) | ||
December 31, 2020 | 37,402 | (9.1) | 2,413 | (8.2) | 2,328 | (4.1) | 1,509 | (3.7) | ||
Note: Comprehensive | income: Nine months | ended December 31, 2021: ¥2,305 million [ 25.7%] | ||||||||
Nine months ended December 31, 2020: ¥1,833 million [ (29.6)%] | ||||||||||
Basic earnings | Diluted earnings | |||||||||
per share | per share | |||||||||
Nine months ended | Yen | Yen | ||||||||
December 31, 2021 | 133.27 | - | ||||||||
December 31, 2020 | 146.23 | - |
Note: The "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, March 31, 2020), etc. has been adopted from the beginning of the first quarter ended June 30, 2021. As a result, net sales reflect the adoption of the accounting standard, etc., and the year-on-year percentage change is not presented.
(2) Consolidated financial position
Total assets | Net assets | Equity ratio | Net assets per share | |
As of | Million yen | Million yen | % | Yen |
December 31, 2021 | 127,373 | 44,409 | 32.6 | 4,025.93 |
March 31, 2021 | 123,279 | 42,923 | 32.7 | 3,900.13 |
Reference: Equity: As of December 31, 2021: ¥41,561 million
As of March 31, 2021: ¥40,264 million
2. Dividends
Annual dividends per share | ||||||||
1st quarter-end | 2nd quarter-end | 3rd quarter-end | Fiscal year-end | Total | ||||
Fiscal year ended | Yen | Yen | Yen | Yen | Yen | |||
- | 0.00 | - | 52.00 | 52.00 | ||||
March 31, 2021 | ||||||||
Fiscal year ending | - | 25.00 | - | |||||
March 31, 2022 | ||||||||
Fiscal year ending | ||||||||
March 31, 2022 | 30.00 | 55.00 | ||||||
(Forecast) | ||||||||
Note: Revision to the most recently announced forecast of dividends: None |
3. Consolidated financial results forecast for the fiscal year ending March 31, 2022 (April 1, 2021 to March 31, 2022)
(% indicates year-on-year change) | |||||||||
Profit | Basic earnings | ||||||||
Net sales | Operating profit | Ordinary profit | attributable to | ||||||
per share | |||||||||
owners of parent | |||||||||
Full year | Million yen | % | Million yen | % | Million yen | % | Million yen | % | Yen |
48,100 | - | 3,000 | - | 2,710 | - | 1,650 | - | 159.82 |
Note: Revision to the most recently announced forecast of financial results: None
The "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, March 31, 2020), etc. has been adopted from the beginning of the first quarter ended June 30, 2021. As a result, the forecast of financial results reflects the adoption of the accounting standard, etc., and year-on-year percentage changes are not presented.
* Notes:
- Changes in significant subsidiaries during the current period (changes in specified subsidiaries resulting in a change in the scope of consolidation): None
-
Application of special accounting methods for preparing quarterly consolidated financial statements: Yes
(Note) For details, please refer to "2. Quarterly Consolidated Financial Statements and Primary Notes (3) Notes to Quarterly Consolidated Financial Statements: Application of special accounting methods for preparing quarterly consolidated financial statements" on page 9 of the Japanese version of the attached materials. - Changes in accounting policies, changes in accounting estimates, and retrospective restatements
- Changes in accounting policies due to application of revised accounting standards: Yes
- Changes in accounting policies other than 1) above: None
- Changes in accounting estimates: None
- Retrospective restatements: None
- Number of common shares issued
- Number of shares issued at the end of the period (including treasury shares):
As of December 31, 2021: 11,344,181 shares
As of March 31, 2021: 11,344,181 shares
- Number of treasury shares at the end of the period: As of December 31, 2021: 1,020,672 shares As of March 31, 2021: 1,020,355 shares
- Average number of common shares during the period:
Nine months ended December 31, 2021: 10,323,675 shares
Nine months ended December 31, 2020: 10,324,034 shares
- These quarterly financial results are outside the scope of quarterly review by certified public accountants or an audit firm.
- Explanation on appropriate use of financial results forecasts and other matters of note
- Financial results forecasts and other forward-looking statements provided in these materials are based on information available to the Company and certain assumptions deemed reasonable as of the date of publication of this document, and are not intended to provide any assurance that they will be accomplished in the future. Actual financial results and other aspects of business performance may differ significantly from these forecasts owing to various factors. Please refer to "1. Qualitative Information on Quarterly Financial Results for the Period under Review (3) Explanation of Consolidated Financial Results Forecast and Other Forward-looking Information" on page 3 of the Japanese version of the attached materials for conditions forming the basis for financial results forecasts, notes regarding the use of financial results forecasts, and other information.
Quarterly Consolidated Financial Statements
(1) Quarterly Consolidated Balance Sheet
(Million yen) | ||||||
Previous fiscal year | Third quarter under review | |||||
(As of March 31, 2021) | (As of December 31, 2021) | |||||
Assets | ||||||
Current assets | ||||||
Cash and deposits | 16,529 | 14,661 | ||||
Notes and accounts receivable - trade | 5,668 | - | ||||
Notes and accounts receivable - trade, and | - | 5,844 | ||||
contract assets | ||||||
Inventories | 1,587 | 1,695 | ||||
Other | 4,020 | 4,353 | ||||
Allowance for doubtful accounts | (0) | (0) | ||||
Total current assets | 27,804 | 26,555 | ||||
Non-current assets | ||||||
Property, plant and equipment | ||||||
Buildings and structures, net | 16,938 | 22,982 | ||||
Land | 50,405 | 50,405 | ||||
Construction in progress | 6,290 | 4,718 | ||||
Other, net | 7,071 | 6,897 | ||||
Total property, plant and equipment | 80,706 | 85,003 | ||||
Intangible assets | 984 | 965 | ||||
Investments and other assets | ||||||
Investment securities | 12,231 | 13,335 | ||||
Other | 1,419 | 1,374 | ||||
Allowance for doubtful accounts | (96) | (36) | ||||
Total investments and other assets | 13,554 | 14,674 | ||||
Total non-current assets | 95,245 | 100,642 | ||||
Deferred assets | 228 | 175 | ||||
Total assets | 123,279 | 127,373 |
1
(Million yen) | ||||||
Previous fiscal year | Third quarter under review | |||||
(As of March 31, 2021) | (As of December 31, 2021) | |||||
Liabilities | ||||||
Current liabilities | ||||||
Trade accounts payable | 2,916 | 1,998 | ||||
Short-term borrowings | 4,406 | 5,702 | ||||
Current portion of long-term borrowings | 5,154 | 4,969 | ||||
Current portion of bonds payable | 4,186 | 4,168 | ||||
Other | 4,696 | 2,403 | ||||
Total current liabilities | 21,359 | 19,242 | ||||
Non-current liabilities | ||||||
Bonds payable | 24,232 | 23,723 | ||||
Long-term borrowings | 20,850 | 24,332 | ||||
Provision for environmental measures | 2 | 2 | ||||
Retirement benefit liability | 1,676 | 1,626 | ||||
Asset retirement obligations | 2,325 | 2,337 | ||||
Other | 9,908 | 11,699 | ||||
Total non-current liabilities | 58,996 | 63,721 | ||||
Total liabilities | 80,355 | 82,963 | ||||
Net assets | ||||||
Shareholders' equity | ||||||
Share capital | 10,555 | 10,555 | ||||
Capital surplus | 3,747 | 3,747 | ||||
Retained earnings | 21,341 | 21,922 | ||||
Treasury shares | (2,233) | (2,234) | ||||
Total shareholders' equity | 33,411 | 33,992 | ||||
Accumulated other comprehensive income | ||||||
Valuation difference on available-for-sale | 4,003 | 4,715 | ||||
securities | ||||||
Revaluation reserve for land | 2,872 | 2,872 | ||||
Remeasurements of defined benefit plans | (24) | (19) | ||||
Total accumulated other comprehensive | 6,852 | 7,569 | ||||
income | ||||||
Non-controlling interests | 2,659 | 2,847 | ||||
Total net assets | 42,923 | 44,409 | ||||
Total liabilities and net assets | 123,279 | 127,373 |
2
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Yamatane Corporation published this content on 15 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 February 2022 05:06:04 UTC.