Note: This document has been translated from the Japanese original for reference purposes only. In the event of any
discrepancy between this translated document and the Japanese original, the original shall prevail.

July 30, 2021

Consolidated Financial Results
for the First Three Months of the Fiscal Year Ending March 31, 2022
<under Japanese GAAP>
Company name: Paramount Bed Holdings Co., Ltd.
Listing:
Tokyo Stock Exchange
Securities code: 7817
URL:
http://www.paramountbed-hd.co.jp
Representative: Tomohiko Kimura, President and Chief Executive Officer
Contact:
Tatsuya Udagawa, General Manager Finance Dept.
TEL: 03-3648-1100
Scheduled date to file Quarterly Securities Report:
Scheduled date to commence dividend payments:
Preparation of supplementary material on quarterly financial results:
Holding of quarterly financial results presentation meeting:

August 11, 2021
–NoneNone(Millions of yen with fractional amounts discarded, unless otherwise noted)

1.

Consolidated financial results for the first three months of the fiscal year ending
March 31, 2022 (from April 1, 2021 to June 30, 2021)(1) Consolidated operating results (cumulative)
Net sales
Three months ended(Percentages indicate year-on-year changes.)

Operating income

Millions of yen% Millions of yen

Net income attributableto owners of the parent

Ordinary income% Millions of yen% Millions of yen%

June 30, 2021

20,420-3,126 117.8

3,351 118.7

2,349 122.8

June 30, 2020

17,041(0.6)

1,435 (19.5)

1,532 (12.5)

1,054 (15.5)

Note: Comprehensive income Three months ended June 30, 2021: ¥2,704 million:
Three months ended June 30, 2020: ¥1,502 million:
Basic net income
per share[80.0%][37.0%]

Diluted net income
per share

Three months endedYenYen

June 30, 2021

40.42-

June 30, 2020

18.14-

Note: The Company conducted a stock split at a ratio of 2 shares per common share with April 1st, 2021 as the effective date.
"Net assets per share" is calculated on the assumption that the stock split was conducted at the beginning of the previous
consolidated fiscal year.
Note: The year-on-year change is not shown because the “Accounting Standard for Revenue Recognition” (ASBJ Statement
No. 29) will be applied from the fiscal year ending March 31, 2022.

-1-(2) Consolidated financial position
Total assets
As ofNet assets

Equity-to-asset ratio

Millions of yen

Millions of yen%

June 30, 2021

151,652

115,005

75.8

March 31, 2021

154,358

113,82273.7

Reference: Equity
As of June 30, 2021:
As of March 31, 2021:¥115,005 million¥113,822 million

2.

Dividends
Dividends per shareFirst quarter-end

Second quarter-end Third quarter-end

Fiscal year-end

Total

Yen

Yen

Yen

Yen

Yen

–

50.00

–

53.00

103.00

26.00

–

27.00

53.00

Fiscal year ended
March 31, 2021
Fiscal year ending
March 31, 2022
Fiscal year ending
March 31, 2022(Forecast)–Note: Revisions to the dividends forecasts most recently announced: None
Note: The Company conducted a stock split at a ratio of 2 shares per common share with April 1st, 2021 as the effective date.

3.

Consolidated earnings forecasts for the fiscal year ending March 31, 2021
(from April 1, 2021 to March 31, 2022)(Percentages indicate year-on-year changes.)
Net sales
Millions ofyen%

Operating income

Ordinary income

Net income
attributable toowners of the parent

Millions ofyen%Millions ofyen%Millions ofyen%

Yen

7.3

3,450

31.4

59.36

7,200 (16.4)

123,87Six months ending
September 30, 2021

39,000–

5,000

7.6

5,250

Fiscal year ending
March 31, 2022

81,000–10,600(8.5)

11,000 (18.3)

Basic net
incomeper share

Note: Revisions to the earnings forecasts most recently announced: None
Note: The year-on-year change is not shown because the “Accounting Standard for Revenue Recognition” (ASBJ Statement
No. 29) will be applied from the fiscal year ending March 31, 2022.

-2-Notes*(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting inthe change in scope of consolidation): None
(2) Application of special accounting for preparing quarterly consolidated financial statements: None
(3) Changes in accounting policies, changes in accounting estimates, and restatementa. Changes in accounting policies in accordance with changes in accounting standards, etc.: Yes
b. Changes in accounting policies due to other reasons: Nonec. Changes in accounting estimates: None
d. Restatement: None(4)

Number of shares issued (common shares)
a. Number of shares issued at the end of the period (including treasury shares)
As of June 30, 2021
As of March 31, 2021b.

61,754,974 shares
61,754,974 shares

Number of treasury shares at the end of the period
As of June 30, 2021
As of March 31, 2021

c.

3,629,868 shares
3,629,780 shares

Average number of shares outstanding during the period (cumulative from the beginning of thefiscal year)
Three months ended June 30, 2021
Three months ended June 30, 2020

58,125,156 shares
58,125,780 shares* Quarterly financial results reports are not required to be subjected to quarterly reviews.
* Proper use of earnings forecasts, and other special matters
The forward-looking statements, including earnings forecasts, contained in these materials are based on information
currently available to the Company and on certain assumptions deemed to be reasonable. Consequently, the statements
herein do not constitute assurances regarding the Company’s actual results. Actual financial and other results may
differ substantially from the statements herein due to various factors. Please refer to “1. Qualitative information
regarding financial results for the first three months, (3) Information regarding consolidated earnings forecasts andother forward-looking statements” on page 3 of the attached materials for the suppositions that form the assumptions
for the earnings forecasts and cautions regarding the use of the earnings forecasts.

-3-