Consolidated Financial Results
for the Fiscal Year Ended June 30, 2020
[Japanese GAAP]
August 11, 2020
Company name: KAWANISHI HOLDINGS, INC.
Stock exchange listing: Tokyo Stock Exchange
Code number: 2689
URL: https://www.kawanishi-md.co.jp/english/
Representative: Yohei Maeshima, President COO
Contact: Nobuharu Murata, Managing Director and General Manager, Administrative Department
Phone: +81-86-236-1115
Scheduled date of general meeting of shareholders: September 17, 2020
Scheduled date of commencing dividend payments: September 18, 2020
Scheduled date of filing securities report: September 18, 2020
Availability of supplementary briefing material on financial results: Unavailable
Schedule of financial results briefing session: Scheduled (for securities analysts)(Amounts of less than one million yen are rounded down.)
1. Consolidated Financial Results for the Fiscal Year Ended June 30, 2020 (July 1, 2019 to June 30, 2020)(1) Consolidated Operating Results(% indicates changes from the previous year.)
Net income
Net sales
Operating income
Ordinary income
attributable toowners of parent
Fiscal year ended
Million yen%
Million yen%
Million yen%
Million yen%
June 30, 2020107,896
0.4
927(28.8)905(30.9)326(57.9)
June 30, 2019
107,428(0.2)
1,301
5.7
1,309
6.0775(26.4)(Note) Comprehensive income: Fiscal year ended June 30, 2020: ¥272 million [(51.2) %]Fiscal year ended June 30, 2019: ¥579 million [(50.0) %]Basic earnings
per share

Diluted earnings
per share

YenYen56.76
138.24－－

Fiscal year ended
June 30, 2020
June 30, 2019(2) Consolidated Financial Position
Total assets

Return on equity%

Million yen%

4.7
12.0

Net assets

33,683As of June 30, 2020
33,772As of June 30, 2019
(Reference) Equity: As of June 30, 2020: ¥7,281 million
As of June 30, 2019: ¥6,685 million

Ratio of ordinary
income to total
assets2.7
3.9

Ratio ofoperating income
to net sales
%

0.9
1.2

Net assets per share

Equity ratio

Million yen%

Yen

7,281
6,771

21.6
19.8

1,197.17
1,191.62

Cash flows fromfinancing activities

Cash and cash
equivalents at endof period(3) Consolidated Cash Flows
Cash flows fromoperating activities
As of June 30, 2020
As of June 30, 2019

Cash flows frominvesting activities

Million yen

Million yen

Million yen

Million yen

862
136(496)
(361)

439
(62)

1,877
1,070

2. Dividends
Annual dividends
1st2nd3rdquarter-end quarter-end quarter-end Year-end
Fiscal year ended
June 30, 2019
Fiscal year ended
June 30, 2020
Fiscal year ending
June 30, 2021
(Forecast)Total
annualdividends

Total

Payoutratio%%

229

28.9

3.5

278

79.3

3.8

Yen Million yen

YenYen

Yen

Yen

－

0.00

－

40.00

40.00

－

0.00

－

45.00

45.00

－

0.00

－

45.00

45.00

Ratio ofdividends toshareholders’equity－3. Consolidated Financial Results Forecast for the Fiscal Year Ending June 30, 2021 (July 1, 2020 to June 30, 2021)(% indicates changes from the previous corresponding period.)
Net income
Basic earnings
attributable toNet sales
Operating income Ordinary income
per shareowners of parent
Million yen

First half
Full year%

56,069 0.9114,114 5.8Million yen%

528 57.7
1,440 55.3

Million yen%

Yen

332 96.1
931 185.3

54.64
153.11% Million yen

528 60.1
1,441 59.2

Notes:(1) Changes in significant subsidiaries during the period under review (changes in specified subsidiaries resulting inchanges in scope of consolidation): None
Newly consolidated: None (Company Name); Removed from consolidation: None (Company Name)(2) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards: None
2) Changes in accounting policies other than 1) above: None
3) Changes in accounting estimates: None
4) Retrospective restatement: None
(3) Total number of issued shares (common stock)1) Total number of issued shares at the end of the period (including treasury stock):
June 30, 2020: 6,250,000 shares
June 30, 2019: 6,250,000 shares2) Total number of treasury stock at the end of the period:
June 30, 2020: 167,605 shares
June 30, 2019: 639,505 shares
3) Average number of shares during the period:
June 30, 2020: 5,750,333 shares
June 30, 2019: 5,610,597 shares
As of the end of the consolidated fiscal year ended June 30, 2020, 116,600 shares of the Company’s stock held by
the Board Benefit Trust were included in treasury stock.

(Reference) Summary of non-consolidated financial results
Non-consolidated Financial Results for the Fiscal Year Ended June 30, 2020 (July 1, 2019 to June 30, 2020)(1) Non-consolidated Operating Results(% indicates changes from the previous corresponding period.)
Net sales
Operating income
Ordinary income
Net income
Fiscal year ended
Million yen%
Million yen%
Million yen%
Million yen%
June 30, 2020
1,573
(1.8)
465
3.7
238
(46.6)(228)－(26.3)(53.0)
447(53.1)
259(74.0)
June 30, 2019
1,601449
Dilutedearnings

Basic earnings
per shareFiscal year ended
June 30, 2020
June 30, 2019

YenYen(39.73)
46.31－－(2) Non-consolidated Financial Position
Total assets

Net assets

Million yen

As of June 30, 2020
8,781
8,054
As of June 30, 2019
(Reference) Equity: As of June 30, 2020: ¥3,993 million
As of June 30, 2019: ¥3,984 million

Equity ratio

Net assets per share

Million yen%

Yen

3,993
3,984

45.5
49.5

656.64710.19* These financial results are outside the scope of audit procedures conducted by a certified public accountant or audit
corporation.
* Explanation of the proper use of financial results forecast and other notes
The figures forecasted above were prepared based on information that is available as of the date of publicationof this document. Actual results may differ from these forecast figures due to various factors in the future.