Member of the Financial Accounting Standards Foundation

Consolidated Financial Results
for the First Quarter of Fiscal Year Ending March 31, 2022
6-Aug-2021
Company Name :Security Code :Representative :Contact :NID Co., Ltd.

Listing :
URL :

2349
President
Shuntaro Komori
Director,Corporate Design Manager, FinanceManager
Hiroshi Kosuge

JASDAQhttps://www.nid.co.jp/Telephone :81-8-3-6221-6811

1. Consolidated Financial Results for the First Quarter of Fiscal Year Ending March 31,2022(From April 1, 2021 to June 30, 2021)(All figures are rounded down to the nearest million yen)

(1) Consolidated Operating Results(% of change from previous year)

Net Sales

Operating Income

Million yen%

Million yen%

1Q FYE March 2022

4,137

△3.1391

13.3

1Q FYE March 2021

4,270

4.334525.5

Note : Comprehensive income :1Q FY3/22

Profit attributable toOrdinary Income
Million yen

337million yen (△20.7%) 1Q FY3/21

owners of parent%

Million yen%443

△0.6296△1.044643.029942.4

426million yen (81.7%)

Diluted net
income per share

Net income per share
YenYen1Q FYE March 2022

26.13－1Q FYE March 2021

26.38－(2) Consolidated Financial Position
Total Assets

Total Net Assets

Equity Ratio

Net Assets per Share

Million yen

Million yen%Yen

As of June 30, 2021

20,405

15,25874.8

1,343.72

As of March 31, 2021

20,675

15,17173.4

1,336.00

Note : Equity As of June 30, 2021 15,258million yen

As of March 31, 2021 15,171million yen

2. Dividend Information
Dividends Per Share
Registry DateFirst quarter

FYE March 2021－

FYE March 2022－

Second quarter

Yen

Third quarter

Yen

FYE March 2022
(Forecasts)

Year EndYen

Full YearYenYen－－

22.00

22.00

－－

22.00

22.00

Note : Revisions to the latest projected dividends : None

3. Consolidated Financial Forecasts for the Fiscal Year Ending March 31,2022 (From April 1, 2021 to March 31, 2022)
Net Sales

Operating Income

Million yen%

2Q FYE March 2022

8,440

FYE March 2022

17,800Ordinary Income

Million yen%

Million yen%

△2.3600

0.71,600△14.2725

△14.4

1,733

Note : Revisions to the latest projected consolidated results : None- 1 -Profit attributable toNet income

owners of parent

per share

Million yen%Yen△22.5503△19.144.30△18.91,202△11.8105.88

* Notes:(1) Changes in the scope of our consolidation, including changes in our subsidiaries : NoneConsolidated subsidiaries : 0 added,0 removed(2) Application of simple accounting method : Yes(3) Changes in accounting methodology, procedures, and the way our figures are displayed in the creation of our Quarter consolidated
financial statements.
①

Changes arising from revisions in accounting standards : Yes②

Changes arising from other reasons : None③

Changes in estimation related to financial statements : None

④Re-statement of revisions : None(4) Shares issued (Common stock)
Shares issued as of term end(including treasury stock)
Treasury stock as of term end
Average shares issued during term

As of June 30,2021

13,109,490

As of March 31, 2021

13,109,490

As of June 30,2021

1,753,759

As of March 31, 2021

1,753,759

1Q FYE March 2022

11,355,731

1Q FYE March 2021

11,355,744* This quarterly consolidated financial results are not subject to a quarterly review by a certified public accountant or an audit firm.
*Regarding the appropriate use of our earnings projections and other notes.
All projections provided in this document are based on the most accurate information available at the time of this writing.
However our actual results may differ from our projections due to various unforeseen reasons.

- 2 -4. Consolidated Financial Statements(1) Consolidated Balance Sheets(Thousand yen)

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Work in process
OtherTotal current assets
Non-current assets
Property, plant and equipment
Intangible assetsInvestments and other assets
Investment securities
Deferred tax assets
Guarantee deposits
Other
Total investments and other assets
Total non-current assets
Total assets- 3 -As of March 31, 2021

As of June 30, 2021

11,131,189
3,045,401
115,604
160,395
14,452,591

11,272,398
2,523,467
299,424
132,502
14,227,792

384,906
187,375

369,030
180,554

4,378,732
821,323
326,597
124,092
5,650,745

4,410,660
798,265
326,659
92,683
5,628,269

6,223,028
20,675,620

6,177,854
20,405,647

(Thousand yen)

Liabilities
Current liabilities
Accounts payable - trade
Accounts payable - other
Income taxes payable
Provision for bonuses
Other
Total current liabilities
Non-current liabilities
Retirement benefit liability
Provision for retirement benefits for
directors (and other officers)
Asset retirement obligations
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-salesecurities
Remeasurements of defined benefit Plans
Total accumulated other comprehensive
incomeTotal net assets
Total liabilities and net assets- 4 -As of March 31, 2021

As of June 30, 2021

380,833
307,877
347,182
936,336
525,180
2,497,408

373,271407,320
163,371477,909721,848
2,143,720

2,421,329

2,419,870

524,350

535,476

47,478
13,7703,006,927
5,504,336

47,679－3,003,026
5,146,747

653,352
488,675
14,423,667△1,227,405
14,338,289

653,352
488,675
14,470,106△1,227,405
14,384,728

815,506

858,375

17,487

15,795

832,993874,171

15,171,283
20,675,620

15,258,899
20,405,647

(2) Consolidated Statements of Income(Thousand yen)

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Gain on sale of investment securities
Gain on investments in investment partnerships
Subsidy income
Other
Total non-operating income
Non-operating expenses
Interest expenses
Taxes and dues
investment partnership management fee
Commission expenses
Loss on cancellation of insurance policies
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Total extraordinary losses
Profit before income taxes
Income taxes
ProfitProfit attributable toProfit attributable to owners of parent
Profit attributable to non-controlling interests
Other comprehensive income
Valuation difference on available-for-sale securities
Remeasurements of defined benefit plans, net of tax
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners ofparent
Comprehensive income attributable to non-controllinginterests- 5 -1st Quarter
FYE March 31,2021

1st Quarter
FYE March 31,2022

4,270,918
3,421,603
849,315
503,895
345,419

4,137,373
3,200,487
936,885
545,472
391,412

1,486
32,38733,173
22,112
13,476
2,715
105,352

1,784
39,517－－
12,296
9,223
62,821

391
2,285
1,862
－
－
116
4,655
446,116

159
2,100
1,384
1,949
5,337
9
10,940443,293

346
346

90
90

1,233
1,233
445,229145,667
299,56100443,384
146,691
296,693299,561－

296,693－

128,261△1,819126,442426,004

42,869△1,691
41,177
337,871

426,004

337,871－－