Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending March 31, 2023
(Based on IFRS)
Listed company:
Code No.:

Geniee Inc.
6562

Representative:(Title/post)

Contact liaison:(Title/post)

November 10, 2022
Listed stock exchange: TSE
URL https://en.geniee.co.jp
Representative Director, President& CEO
Administration Department
General Manager & CFO(Name) Tomoaki Kudo

Schedule date of first quarter
November 10, 2022
report submission:
Supplemental quarterly earnings summary materials created: Yes
Quarterly earnings conference held: Yes(Name) Jun Kikukawa

TEL: +81-3-5909-8177

Schedule date to commence
dividend payments:―(amounts below one million yen rounded off)
1. Consolidated earnings for the first quarter of FY2022 (April 1, 2022 to September 30, 2022)(1) Consolidated operating results (cumulative)
Net sales

1H FY2022
1H FY2021

million
yen
3,038
6,458

Gross profit
millionyen
2,425
1,673%－－%－－Net income per share(% indicates YoY change)
Net income
Total
Income before
attributable toOperating income
Net income
comprehensive
income taxes
owners of theincomeparent
millionmilliomillionmillionmillion
%%%%%
yen
n yen
yen
yen
yen
391－－－－－
440
467
332
327
232
236
－－－－－
221
298
233

Diluted net income per share

Yen
18.52
12.90

1H FY2022
1H FY2021

Yen
18.52
12.83

(2) Status of consolidated finances
Total assets

1H FY2022
FY2021

million yen
8,625
7,615

Equity attributable toowners of the parent

Total equity
million yen
3,209
2,840

million yen
3,172
2,798

Ratio of equity
attributable to owners of
the parent to total assets%36.836.7

2. Status of dividends
Total annual dividends
End of 1Q
FY2021
FY2022
FY2022(forecast)End of 2Q
Yen－－

End of 3Q
Yen
0.00
0.00

(Note) Revisions since most recently announced dividend forecast: None－ 1－

Year-end

Total

Yen－

Yen
0.00

Yen
0.00

－－－

3. Consolidated earnings forecast for FY2022 (April 1, 2022 to March 31, 2023)
Revenue

FY2022Gross profit

OperatingIncome(% indicates YoY change)

Income before
income taxes

Net income

Net income
attributable toowners of theparent

Basicearnings
per share

millionyen%

millionyen%

millionyen%

millionyen%

millionyen%

million
yen%

(Yen)

6,200～－

5,200～－

1,000～

－

900～

－

600～

－

600～

－

34.02～

6,600

－

5,500

－

1,200

－

1,100－

800

－

800

－

45.36(Note) The forecast of consolidated financial results for the fiscal year ending March 31, 2023 is calculated based on International
Financial Reporting Standards (IFRS), since the Company has decided to adopt IFRS on a voluntary basis from the fiscal year ending
March 31, 2023. For this reason, the percentage change from the actual results for the fiscal year ended March 31, 2022, when Japanese
GAAP was applied, is not shown.
(Note) From FY2022, we are changing sales of the Ad Platform Business to net sales recognition*Notes(1) Movement of important subsidiaries during consolidated cumulative quarter under review (movements of designatedsubsidiaries incidental to change in scope of consolidation): None
New companies: (Company name); Excluded companies: (Company name)(2) Changes in accounting principles, changes in accounting estimates, and restatements
1) Change in accounting principles incidental to revisions to accounting standards, etc.:None
2) Changes in accounting principles other than 1): None
3) Changes in accounting estimates: None

(3) Number of issued shares (common stock)1) Number of shares issued at end of fiscal
year (including treasury stock)

2Q FY2022

18,048,200

shares

FY2021

18,048,200

shares2) Treasury stock as of end of term

2Q FY2022

365,239

shares

FY2021

330,339

shares3) Average number of shares during fiscal
year (cumulative quarter)

2Q FY2022

17,703,242

shares2Q FY2021

18,023,688

shares*The quarterly earnings summary is not subject to quarterly review by the public certified accountant or auditing firm.
*Explanation concerning appropriate use of earnings forecasts and other special notes(Notes on forward-looking statements)
Earnings forecasts and other forward-looking statements indicated in these materials, are based on information available andcertain assumptions deemed reasonable at the time. Statements in these materials do not constitute any guarantee of actualperformance. Actual business results may differ substantially due to several factors.
(Method of obtaining notes on quarterly financial statements)
Notes on quarterly financial statements will be published to our website on November 10, 2022.

－ 2－

Consolidated Financial Statements
Consolidated Statements of Financial Position
As of March 31, 2022
AssetsCurrent assets
Cash and cash equivalents
Trade and other receivables
Inventories
Other financial assets
Other current assets
Total current assets
Non-current assets
Property, plant and equipment
Right of use asset
Goodwill
Intangible assets
Other financial assets
Deferred tax assets
Other non-current assets
Total non-current assets
Total assets

1,476,761
2,029,947
468
105,107
189,3363,801,621

1,711,590
1,984,879
1,346
345
284,260
3,982,422

355,868
235,927
1,530,383
1,054,613
497,686
121,164
18,4303,814,074
7,615,695

477,583
604,433
1,628,168
1,231,214
588,161
88,06625,2994,642,927
8,625,350

As of March 31, 2022
Liabilities
Current liabilities
Trade payables
Borrowings
Lease liabilities
Income tax payable
Other current liabilities
Total current liabilities
Non-current liabilities
Borrowings
Lease liabilitiesProvisions
Total non-current liabilities
Total liabilities
EquityShareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Other components of equity
Equity attributable to owners of the parent
Non-controlling interests
Total equity
Total liabilities and equity－ 3－(Thousands of yen)
As of September 30, 2022

(Thousands of yen)
As of September 30, 2022

1,635,079
1,218,425
155,964
181,932
458,469
3,649,870

1,678,150
1,381,297
320,922
118,493541,643
4,040,505

888,886
92,296144,208
1,125,391
4,775,262

894,269
303,330
177,597
1,375,196
5,415,702

1,549,591
1,127,353
386,587(299,552)
34,122
2,798,102
42,3302,840,433
7,615,695

1,549,591
1,135,376
714,516(329,757)
103,136
3,172,863
36,784
3,209,647
8,625,350

Consolidated Statements of Income(Thousands of yen)
For the fiscal year
For the fiscal year
ended September 30, 2021 ended September 30, 2022
Revenue

6,458,395

3,038,957

Cost of sales

4,784,789

613,469

Gross profit

1,673,605

2,425,487

Selling, general and administrative expenses

1,445,423

1,909,807

Other revenue

1,357

323

Other expenses

8,319

75,377

Operating income

221,221440,626

Financial income

93,963

54,108Financial expense

17,10527,251

Income before income taxes

298,079

467,483

Income taxes

64,940145,362

Net income

233,138

322,121232,445

327,928692(5,806)

233,138

322,121

Basic (Yen)

12.90

18.52

Diluted (Yen)

12.83

18.52

Net income attributable to:
Owners of the parent
Non-controlling interests
Net income
Interim earnings per share－ 4－

Consolidated statements of cash flows
For the fiscal year
ended September 30, 2021

(Thousands of yen)
For the fiscal year
ended September 30, 2022

Profit before income taxes

298,079

467,483

Depreciation and amortization

292,326

298,025-75,000Financial income(93,963)(54,673)

Financial expense

12,24017,724

Decrease (increase) in trade and other receivables(44,073)

104,104

(55)

(705)

Cash flows from operating activities

Other costs

Decrease (increase) in inventories
Increase (decrease) in trade and other receivables

174,81294,468Others

1,505(35,899)

Subtotal

640,870

965,528

Interest and dividends received

34,722

4,213

Interest paid

(12,440)(14,596)

Income taxes paid

(30,191)(175,430)-(75,000)

632,960

704,714Purchase of property, plant and equipment(45,535)(107,413)

Purchase of intangible assets(294,381)(313,377)

Payments for lease deposit and guarantee deposit-(48,610)

Proceeds from investments in capital-915(143,184)(70,000)

Miscellaneous expenses and other payments
Net cash provided by (used in) operating activities
Cash flows from investing activities

Purchase of investments in subsidiaries
OthersNet cash provided by (used in) investing activities(9,248)47(492,349)(538,438)(152,500)

49,600Cash flows from financing activities
Net increase (decrease) in short-term loans payable
Proceeds from long-term borrowings

800,000

350,000

Repayment of long-term debt

(117,399)(231,345)

Repayments of lease obligations(125,023)(139,146)

Purchase of treasury shares(101,631)(31,261)

Net cash provided by (used in) financing activities

303,445(2,153)

Effect of exchange rate change on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Decrease in cash and cash equivalents resulting from deconsolidation of subsidiaries

Cash and cash equivalents at end of period

－ 5－

2,785

70,706446,842

234,828

1,091,864

1,476,761(2,611)-

1,536,094

1,711,590