Consolidated Financial Results for Nine-month Period of Fiscal Year Ending March 31, 2022
(Japanese GAAP)

February 4, 2022

Company name: Joshin Denki Co., Ltd.
Stock Listing: TokyoSecurities code: 8173
URL: https://www.joshin.co.jp/joshintop/ir_en.html
Representative: (Title) Representative Director and President and Executive Officer(Name) Ryuhei Kanatani
Contact:(Name) Suguru Oshiro
Phone:(Title) Director and Executive Officer in charge of Financial Strategy,
General Manager of Accounting (and Finance) Department+81-6-6631-1161
Scheduled date for filing quarterly
February 10, 2022
Scheduled dividend payment date: ─securities report:
Quarterly material to supplement the financial results: None
Quarterly financial results conference:
None(Amounts rounded down to the nearest million yen)

1. Consolidated results for the nine-month period of FY2021 (April 1, 2021 to December 31, 2021)(1) Consolidated operating results(% indicates year-on-year change)
Net income attributable toNet sales
Operating income
Ordinary income
owners of the parent
Million yen%

Million yen%

Million yen%

Million yen%

307,056
340,823-9.9
7.7

6,71412,521-46.4
72.8

7,571
12,471

-39.3
73.4

5,290
7,902

-33.1
63.3

Nine-month period of FY2021
Nine-month period of FY2020

Note: Comprehensive income: 5,734 million yen (39.4% decrease) in the nine-month period of FY2021
9,459 million yen (84.1% increase) in the nine-month period of FY2020
Net income
Diluted Net income
per shareper share
Nine-month period of FY2021
年
期 第of FY2020期
Nine-monthperiod

YenYen197.66

─295.33

─(2) Consolidated financial position
Total assets

Net assets

Equity ratio

Million yen

Million yen%

December 31, 2021

242,568

98,19940.5

March 31, 2021

210,32199,303

47.2

Reference: Shareholders’ equity: 98,199 million yen as of December 31, 2021
99,303 million yen as of March 31, 2021
(3) Consolidated cash flow
Net cash provided
Net cash used in
Net cash used inby operating
investing activities financing activities
activities
Nine-month period of FY2021
Nine-month period第of FY2020

Cash and cash
equivalents at end of theterm

Million yen

Million yen

Million yen-1,731-8,465

10,590Million yen

9,011

23,955-4,360-9,581

13,346

2. Dividends
End of 1st quarter

Yen

Annual dividends per share
End of 2nd quarter End of 3rd quarter
Yen

FY 2020
─FY 2021
─
FY 2021 (Forecast)
Note: Revisions to the latest dividend forecasts: NoneYen

0.00
0.00

Year-endYen──

3. Forecast of Consolidated Operating Results for FY 2021 (April 1, 2021 to March 31, 2022)

Net sales
Full year

Operating income

Full year

75.00

75.00

75.00

(% indicates year-on-year change)

Net income attributable toowners of the parent

Ordinary income

Million yen%

Million yen%

Million yen%

Million yen%

420,000-6.5

12,000-27.5

12,000-27.5

8,000-9.8

Note: Revisions to the latest dividend forecasts: None

Yen

75.00

Net
incomeper shareYen

298.89

* Notes:(1) Changes in significant subsidiaries during the nine-month period of FY 2021 (Changes in specified subsidiaries
resulting in a change in the scope of consolidation): None
(2) Adoption of special accounting treatment pertaining to the preparation of consolidated quarterly financial statements:
None(3) Changes in accounting policies and changes or restatement of accounting estimates1) Changes in accounting policies due to amendments of accounting standards, etc.: Yes
2) Changes in accounting policies other than 1): None
3) Changes in accounting estimates: None
4) Restatement: None
(4) Shares outstanding (Common stock)1) Number of shares outstanding (including treasury stock) as of the end of the term:
28,000,000 as of December 31, 2021
28,000,000 as of March 31, 2021
2) Number of shares of treasury stock:
1,229,846 as of December 31, 2021
1,243,169 as of March 31, 2021
3) Average number of shares during the term (nine-month period):
26,764,717 as of December 31, 2021
26,757,049 as of December 31, 2020
Note: The number of shares of treasury stock includes the Company shares held in the board incentive plan trust
account as stated below.
51,475 as of December 31, 2021
65,070 as of March 31, 2021
* Quarterly summary of financial statements is not subject to quarterly reviews by a certified public accountant or anaudit firm.
* Description concerning proper use of the forecast of financial results and other remarks:
The forecasts statements in this document concerning future figures including forecasts for financial results, etc. arebased on currently available information and certain assumptions that the company considers reasonable. The
achievement of such forecasts is not guaranteed by the company. Actual results may vary significantly from suchforecasts due to a variety of factors.