Translation
Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.
Summary of Consolidated Financial Results for the Nine Months Ended December 31, 2021 (Based on Japanese GAAP)
February 14, 2022 | ||||
Company name: | R&D COMPUTER CO,.LTD | |||
Stock exchange listing: | Tokyo | |||
Stock code: | 3924 | URL https://www.rand.co.jp/ | ||
Representative: | President and Representative Director | Yoshiaki Fukushima | ||
Inquiries: | Director and General Manager, | Fumitoshi Okuno | TEL 03-5232-3046 | |
Corporate Administration Division | ||||
Scheduled date to file Quarterly Securities Report: | February 14, 2022 | |||
Scheduled date to commence dividend payments: | - | |||
Preparation of supplementary material on quarterly financial results: | No | |||
Holding of quarterly financial results meeting: | No |
(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the nine months ended December 31, 2021 (from April 1, 2021 to December 31, 2021)
(1) Consolidated operating results (cumulative) | Percentages indicate year-on-year changes | ||||||||||||||||||
Net sales | Operating profit | Ordinary profit | Profit attributable to | ||||||||||||||||
owners of parent | |||||||||||||||||||
Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | ||||||||||||
Nine months ended December 31, 2021 | 6,650 | - | 493 | - | 498 | - | 370 | - | |||||||||||
Nine months ended December 31, 2020 | - | - | - | - | - | - | - | - | |||||||||||
Earnings per share | Diluted earnings per share | ||||||||||||||||||
Yen | Yen | ||||||||||||||||||
Nine months ended December 31, 2021 | 41.31 | - | |||||||||||||||||
Nine months ended December 31, 2020 | - | - | |||||||||||||||||
(2) Consolidated financial position | |||||||||||||||||||
Total assets | Net assets | Equity ratio | |||||||||||||||||
Millions of yen | Millions of yen | % | |||||||||||||||||
As of December 31, 2021 | 5,956 | 4,123 | 69.2 | ||||||||||||||||
As of March 31, 2021 | - | - | - | ||||||||||||||||
2. Cash dividends | |||||||||||||||||||
Annual dividends per share | |||||||||||||||||||
1st quarter-end | 2nd quarter-end | 3rd quarter-end | Fiscal year-end | Total | |||||||||||||||
Yen | Yen | Yen | Yen | Yen | |||||||||||||||
Year ended March 31, 2021 | - | 12.00 | - | 13.00 | 25.00 | ||||||||||||||
Year ending March 31, 2022 | - | 15.00 | - | ||||||||||||||||
Year ending March 31, 2022 (Forecast) | 16.00 | 31.00 |
3. Forecast of consolidated financial results for the year ending March 31, 2022 (from April 1, 2021 to March 31, 2022)
Percentages indicate year-on-year changes
Net sales | Operating profit | Ordinary profit | Profit attributable to | Earnings per share | ||||||||
owners of parent | ||||||||||||
Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | Yen | ||||
Full year | 9,500 | - | 800 | - | 810 | - | 560 | - | 62.36 |
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4. Notes
- Changes in significant subsidiaries during the nine months ended December 31, 2021 (changes in specified subsidiaries resulting in the change in scope of consolidation):
- Application of special accounting methods for preparing quarterly consolidated financial statements:
Yes
No
(3) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements | |
Changes in accounting policies due to revisions to accounting standards and other regulations: | Yes |
Changes in accounting policies due to other reasons: | No |
Changes in accounting estimates: | No |
Restatement of prior period financial statements: | No |
(4) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of December 31, 2021 | 8,980,650 | shares | As of March 31, 2021 | 8,980,650 | shares | |
Number of treasury shares at the end of the period | ||||||
As of December 31, 2021 | 3,267 | shares | As of March 31, 2021 | 389 | shares | |
Average number of shares during the period (cumulative from the beginning of the fiscal year) | ||||||
Nine months ended December 31, 2021 | 8,979,597 | shares | Nine months ended December 31, 2020 | 8,980,330 | shares |
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Quarterly consolidated financial statements
Consolidated balance sheets
(Thousands of yen) | ||
As of December 31, 2021 | ||
Assets | ||
Current assets | ||
Cash and deposits | 2,935,914 | |
accounts receivable - trade, and contract assets | 1,640,595 | |
Securities | 300,000 | |
Work in process | 367,960 | |
Prepaid expenses | 91,111 | |
Other | 5,632 | |
Total current assets | 5,341,214 | |
Non-current assets | ||
Property, plant and equipment | ||
Buildings, net | 38,693 | |
Tools, furniture and fixtures, net | 23,063 | |
Total property, plant and equipment | 61,757 | |
Intangible assets | ||
Goodwill | 121,434 | |
Software | 3,218 | |
Trademark right | 3,425 | |
Total intangible assets | 128,078 | |
Investments and other assets | ||
Investment securities | 160,245 | |
Guarantee deposits | 60,724 | |
Golf club membership | 3,600 | |
Deferred tax assets | 201,830 | |
Allowance for doubtful accounts | (900) | |
Total investments and other assets | 425,500 | |
Total non-current assets | 615,337 | |
Total assets | 5,956,551 |
3
(Thousands of yen) | ||
As of December 31, 2021 | ||
Liabilities | ||
Current liabilities | ||
Accounts payable - trade | 392,508 | |
Short-term borrowings | 100,000 | |
Accounts payable - other | 37,749 | |
Accrued expenses | 164,002 | |
Income taxes payable | 66,255 | |
Accrued consumption taxes | 66,015 | |
Contract liabilities | 66,727 | |
Deposits received | 137,628 | |
Provision for bonuses | 181,909 | |
Provision for bonuses for directors (and other officers) | 26,000 | |
Provision for shareholder benefit program | 2,458 | |
Provision for loss on order received | 85,000 | |
Total current liabilities | 1,326,256 | |
Non-current liabilities | ||
Long-term accounts payable - other | 100,000 | |
Retirement benefit liability | 407,063 | |
Total non-current liabilities | 507,063 | |
Total liabilities | 1,833,319 | |
Net assets | ||
Shareholders' equity | ||
Share capital | 458,499 | |
Capital surplus | 314,769 | |
Retained earnings | 3,271,503 | |
Treasury shares | (2,552) | |
Total shareholders' equity | 4,042,220 | |
Accumulated other comprehensive income | ||
Valuation difference on available-for-sale securities | 83,835 | |
Remeasurements of defined benefit plans | (2,824) | |
Total accumulated other comprehensive income | 81,011 | |
Total net assets | 4,123,231 | |
Total liabilities and net assets | 5,956,551 |
4
Consolidated statements of income (cumulative) and consolidated statements of comprehensive income (cumulative)
Consolidated statements of income (cumulative)
(Thousands of yen) | ||
Nine months ended | ||
December 31, 2021 | ||
Net sales | 6,650,680 | |
Cost of sales | 5,465,170 | |
Gross profit | 1,185,509 | |
Selling, general and administrative expenses | 691,683 | |
Operating profit | 493,825 | |
Non-operating income | ||
Interest income | 107 | |
Dividend income | 2,526 | |
Outsourcing service income | 3,810 | |
Reversal of allowance for doubtful accounts | 100 | |
Other | 1,294 | |
Total non-operating income | 7,838 | |
Non-operating expenses | ||
Interest expenses | 399 | |
Loss on retirement of non-current assets | 2,379 | |
Total non-operating expenses | 2,779 | |
Ordinary profit | 498,885 | |
Extraordinary income | ||
Gain on sale of investment securities | 59,856 | |
Total extraordinary income | 59,856 | |
Profit before income taxes | 558,741 | |
Income taxes - current | 167,004 | |
Income taxes - deferred | 20,788 | |
Total income taxes | 187,792 | |
Profit | 370,948 | |
Profit attributable to non-controlling interests | - | |
Profit attributable to owners of parent | 370,948 |
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R&D Computer Co. Ltd. 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 08:16:05 UTC.