Fiscal Year Ending December 2020 First Quarter Financial Results(Japanese accounting standards, consolidated)
May 14, 2020
Company nameSecurities code
URL
Representative: FINDEX Inc.
: 3649: http://findex.co.jp/en/index.html: Teruo Aibara, President & CEO: Atsushi Fujita, Director and Head of Administration
Tel. +81-89-947-3388: May 14, 2020
: ―Contact person
Quarterly report submission date
Scheduled date for dividend payment

Exchange: TSE

Preparation of Supplementary Materials for Quarterly Financial Results : No
Presentation of Quarterly Financial Results: No(Rounded to the nearest million)

1. Consolidated Results for FY2020 First Quarter (January 1, 2020 through March 31, 2020)(1) Consolidated results of operations (cumulative)(Percentages indicate year-on-year changes.)

Profit attributable toshareholders of parent
million yen%
million yen%
million yen%million yen%
FY2020 first quarter
1,630
39.3
651
129.2
653
129.1
447
128.4
FY2019 first quarter
1,170
25.2
284
51.9
285
51.9
195
55.4
Note: Comprehensive income: FY2020 first quarter 447 million yen (128.4%), FY2019 first quarter 195 million yen (55.4%)
Net revenues

Operating income

Net income per share

Ordinary income

Diluted net income per share

yenyenFY2020 first quarter

17.48

－

FY2019 first quarter

7.66

－

Note 1: No statement is made of the amount of diluted net income per share after adjusting residual stocks for the first quarter of the FY2019
period because there were no residual securities.
Note 2: No statement is made of the amount of diluted net income per share after adjusting residual stocks for the first quarter of the FY2020
period because there were no diluted residual securities.
(2) Consolidated financial position
Total assets

Net assets

million yen

Shareholders' equity per share

Equity ratio

million yen%

yen

FY2020 first quarter

4,057

3,153

77.6

123.17FY2019

3,464

2,842

82.0

111.03

Ref.: Equity capital: FY2020 first quarter 3,148 million yen, FY2019 2,842 million yen
2. Cash Dividends
Annual cash dividends per common share
End of 1st quarterEnd of 2nd quarterEnd of 3rd quarteryen－－yen
2.50

yen－

yen
5.50

yen
8.00

－

5.50

8.00

FY2019FY2020FY 2020 (forecast)
2.50
Note: Revisions to the forecast of cash dividends since the latest announcement: none

year-end

Total

3. Forecast of Consolidated Results for FY2020 (January 1, 2020 through December 31, 2020)(Percentages represent changes from the corresponding quarter of the previous year)
Sales
million yen

Operating Income% million yen

Ordinary Income% million yen

Profit attributable toshareholders of parent

Earnings per share%

million yen%yen

2nd quarter (cumulative)

2,316

20.5

481

75.6

483

74.4

316

70.7

11.88

Full-year

4,210▵1.7580▵21.9583▵21.9378▵24.3

14.21

Notes: Revisions to the forecast since the latest announcement: none

Notes(1) Changes in significant subsidiaries during the current quarter(Changes in specified subsidiaries that caused a change in the scope of consolidation): none(2)

Simplified accounting procedures and specific accounting procedures: none

(3)

Changes in accounting policies(i) Changes by a newly issued account pronouncement :(ii) Changes other than (i)-a above: none(iii) Changes in accounting estimates: none(iv) Restatement: none

(4)

none

Number of shares issued(i) Number of shares issued and outstanding at end of period (including treasury stock)
FY2020 first quarter
26,608,800 shares
FY201926,608,800 shares(ii) Number of treasury shares at end of period
FY2020 first quarter
FY20191,010,975 shares
1,006,175 shares(iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)
FY2020 first quarter
25,603,074 shares
FY2019 first quarter
25,597,267 shares
Note: The treasury shares deducted in calculating the weighted average number of outstanding shares include the weighted average number ofshares of the company’s stock owned by Trust & Custody Services Bank, Ltd, which are 185,200 shares for the previous consolidated cumulative
period and 179,351 share for the current consolidated cumulative period.
 Quarterly financial results reports are not required to be subjected to quarterly reviews.
 Explanation related to the appropriate use of the results forecasts and other items warranting special mention
Forward-looking statements in this document, including the results forecasts, etc., are based on the information available as of the date of therelease of this document and the preconditions that FINDEX Inc. (the “Company”) deemed to be reasonable; they are not meant to be acommitment by the Company, and variety of factors in the future may cause actual results to differ materially from these forecasts.