English Translation
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.

Consolidated Financial Results
for the Fiscal Year Ended March 31, 2021
[Japanese GAAP]May 13, 2021
Tokyo Stock Exchange Mothers,
Company name:
PORT INC.
Stock exchange listing:
Fukuoka Stock Exchange Q-Board
Securities code:
7047
URL: https://www.theport.jp/
Representative:
Hirofumi Kasuga, President
Inquiries:
Yusuke Maruyama, Executive Vice President
TEL: +81-3-5937-6466
Date of general shareholders' meeting (as planned):2021-06-24
Dividend payable date (as planned):―
Annual securities report filing date (as planned): 2021-06-25
Supplemental material of annual results:
Yes
Convening briefing of annual results:
Yes(Amounts of less than one million yen are rounded down.)

1. Consolidated Financial Results for the Fiscal Year Ended March 31, 2021
(April 1, 2020 to March 31, 2021)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Net salesFiscal year ended

EBITDA※Million yen% Million yen

Operating income% Million yen

188 (76.2)
March 31, 2021
4,704 14.6
792
29.0
March 31, 2020
4,103 35.0
(Notes) Comprehensive income: As of March 31, 2021
As of March 31, 2020
Diluted net
Net income perincome per
share
share
Fiscal year ended

Yen

Net income
attributable toowners of parent

Ordinary income% Million yen% Million yen%(66)
―(62)
―(52)
―699
29.0
708
36.9
382 (30.3)(52)Million yen ( ― % )― Million yen ( ― % )Ratio of ordinary Ratio of operatingRate of return
income to total
income to net
on equity
assetssales

Yen%%%

(2.5)
(1.0)
(1.4)
March 31, 2021
(4.70)
―18.1
17.9
17.1
March 31, 2020
33.92
32.43
※EBITDA＝Operating income ＋Depreciation＋Amortization(Notes) 1.Since we have prepared quarterly consolidated financial statements from the Second Quarter of thecurrent consolidated fiscal year, we disclose the figures for the fiscal year ending March 2020
instead of the consolidated fiscal year ending March 2020.
2.Diluted net income per share for the fiscal year ending March 2021 is not stated because it is a net
loss per share, although there are potential shares.

(2) Consolidated Financial Position
Total assets

Net assets

Million yen

Net assets
per share

Equity ratio

Million yen%

Yen

As of March 31, 2021
6,378
2,078
As of March 31, 2020
3,962
2,116
(Reference)Equity: As of March 31, 2021 2,074 Million yen
As of March 31, 2020 2,111 Million yen

32.5
53.3

184.38188.82(3) Consolidated Cash Flows

Cash flows
from operating
activities

March 31, 2021
March 31, 2020

Cash flows
from investing
activities

Cash flows
from financingactivities

Cash and cash
equivalents atend of period

Million yen

Million yen

Million yen

Million yen

129668(1,432)2

1,450(52)

2,411
2,264

―1―

2. Dividends
Annual dividends
1st2nd3rdYear-endquarter-end quarter-end quarter-end
Fiscal year ended

Yen

Yen

Yen

Total

Yen

Total
dividends

Dividends
tonet assets

Payoutratio

Yen Million yen%%

――

―
―

―
―

March 31, 2020
―
0.00
―
0.00
0.00
March 31, 2021
―
0.00
―
0.00
0.00
Fiscal year ending
March 31, 2021―――――(Forecast)
The dividend forecast for the fiscal year ending March 2022 is undecided.

―

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2022
(April 1, 2021 to March 31, 2022)(% indicates changes from the previous corresponding period.)

Net sales
Million yen

EBITDA% Million yen

Operating income% Million yen

Net income
attributable toowners of parent

Income before
income tax% Million yen% Million yen

Net income
per share%Yen

Full
7,000
48.8
500 164.7
400400300
26.77―――year～7,500 ～59.4～900 ～376.5～700～700～500～44.62
The Company will voluntarily apply International Financial Reporting Standards (IFRS) from the first quarterof the fiscal year ending March 2022. Therefore, the earnings forecast for the fiscal year ending March 2022
described in this document is based on IFRS standards.

*Notes:(1) Material changes in subsidiaries during this period: Yes(Changes in scope of consolidations resulting from changes in specified subsidiaries)
New companies: Doors Inc.

Excluded companies: -(2) Changes in accounting policies, changes in accounting estimates and retrospectiverestatement
1) Changes in accounting policies due to the revision ofNone
accounting standards:
None2) Changes in accounting policies other than 1) above:3) Changes in accounting estimates:

None4) Retrospective restatement:

None(2) Total number of issued shares (common shares)
1)Total number of issued shares at the end of the period (including treasury shares):
March 31, 2021:

11,708,220 shares

March 31, 2020:

11,642,220 shares

2)Total number of treasury shares at the end of the period:
March 31, 2021:

457,100 shares

March 31, 2020:

457,100 shares

3)Average number of shares during the period:
March 31, 2021:

11,205,981 shares

March 31, 2020:

11,285,497 shares* These consolidated financial results are outside the scope of audit of a certified public accountant or an audit
firm.
* Explanation of the proper use of financial results forecast and other notes
The forecasts above are based on the judgments made in accordance with information currently available.
Forecasts therefore include risks and uncertainties. Actual figures may differ from these forecasts due tosubsequent changes in circumstances.

―2―