Summary of Financial Results for the Second Quarter Ended August 31, 2021
[Japan GAAP] (Consolidated)
October 6, 2021
CompanyAEON DELIGHT CO., LTD.
Listed on the TSE1
Stock Code9787
URL: https://www.aeondelight.co.jp
Representative
Kazumasa Hamada, President and CEO, Group CEO
Contact
Keiji Sagata, Managing Director, Group Strategy and ESG
T E L: +81-3-6895-3892
Expected date of filing of quarterly report: October 14, 2021
Expected starting date of dividend payment: November 8, 2021
Preparation of quarterly supplementary financial document: Yes
Quarterly results briefing: Yes (for institutional investors and analysts)（Rounded down to million yen）

1. Consolidated business results for the six months ended August 2021
(March 1, 2021 through August 31, 2021)(1) Consolidated results of operations
Net sales

Operating income

Million yen% Million yen
Six months ended Aug. 2021
163,9079.5
8,427
Six months ended Aug. 2020
149,734-4.9
7,500(Note) Comprehensive income
Six months ended August 2021: 5,957 million yen (56.2%)
Six months ended August 2020: 3,815 million yen (-25.6%)
Net income
per shareYen
111.1478.90

Six months ended Aug. 2021
Six months ended Aug. 2020(% change from the previous corresponding period)

%
12.4
-12.7

Net income attributable toowners of parent

Ordinary income
Million yen
8,489
7,496

%
13.2
-13.4

Million yen
5,557
3,943%
40.9-23.9

Diluted net income pershareYen
111.04
78.81(2) Consolidated financial position
Total assets

Net assets

Million yen
As of Aug. 31, 2021
141,920
As of Feb. 28, 2021
136,565(Reference) Shareholders’ equity:
As of August 2021: 91,000 million yen
As of February 2021: 87,347 million yen

Million yen
91,91988,281

Shareholders’ equity
ratio%
64.1
64.0

2. Dividends
End of 1Q
Yen-

End of 2Q
Yen
35.00

Annual dividend
End of 3Q
Yen-Year ended Feb. 2021
Year ending Feb. 2022
Ordinary dividend
37.00
Commemorative dividend
5.00
Total
42.00
Year ending Feb. 2022 (forecast)Ordinary dividend
Commemorative dividend
Total(Note) Revisions to dividend forecast for the current quarter: None
The commemorative dividend is paid in commemoration of the 15th anniversary of AEON DELIGHT.

Year-endYen47.00

TotalYen
82.00

37.00
5.00
42.00

74.00
10.00
84.00

3．Forecast of consolidated business results for the fiscal year ending February 2022
(March 1, 2021 through February 28, 2022)(% change from the previous corresponding period)
Net sales

Operating income

Million yen% Million yen%
325,000
8.3
16,5008.3(Note) Revisions to business forecast for the current quarter: None

Year ending Feb. 2022-1-

Ordinary income
Million yen
16,500%8.1

Net income attributable toowners of parent

Million yen
10,500%-10.1

Net income pershareYen

209.99

*Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes inthe scope of consolidation): Yes
Excluded: 1 (General Services, Inc.)(Note) For details, please refer to "2. Quarterly Consolidated Financial Statements and Significant Notes (4)Notes on quarterly consolidated financial statements (Changes in significant subsidiaries during the period) on
page 8 of this material.
(2) Application of accounting procedures specific to preparation of the consolidated quarterly financial statements:
None(3) Changes in accounting policies, accounting estimates and restatement①Changes in accounting policies associated with revision of accounting standards:②Changes in accounting policies other than ①③Changes in accounting estimates④Restatement: None: Yes: None: None

(4) Shares outstanding (common stock)①Number of shares outstanding at the end of period (treasury stock included)
As of August 2021
54,169,633 shares
As of February 2021
54,169,633 shares②Treasury stock at the end of period
As of August 2021
4,160,597 shares
As of February 2021
4,167,473 shares③Average number of stock during period (quarterly cumulative period)
Six months ended August 2021
50,007,085 shares
Six months ended August 2020
49,977,087 shares*Quarterly financial summary is not subject to the quarterly review procedures by certified public accountants or auditing
firms.
*Explanation regarding appropriate use of business forecasts and other special instructions(Precautions regarding forward-looking statements)
Forecasts regarding future performance in this material are based on information currently available to the company and certain
assumptions that the company deems to be reasonable at the time this report was prepared. The company does not make promises
about the achievements. Actual results may differ significantly from the forecasts due to various factors.

-2-2. Quarterly Consolidated Financial Statements and Significant Notes(Quarterly Consolidated Balance Sheets)(Million yen)Previous Fiscal Year
(February 28, 2021)
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable
Electronically recorded monetary claims
Inventories
OtherAllowance for doubtful accounts
Total current assets
Fixed assets
Tangible fixed assets
Buildings and structures, netTools, furniture and fixtures, net
Land
Other, net
Total tangible fixed assets
Intangible fixed assets
Goodwill
Other
Total intangible fixed assets
Investments and other assets
Investment securities
Other
Allowance for doubtful accounts
Total investment and other assets
Total fixed assets
Total assets-3-

Current Second Quarter(August 31, 2021)

59,77339,176
3,182
2,006
6,082
-212
110,008

59,04845,735
4,924
1,943
6,398
-157
117,891

1,671
4,264
2,000
1,545
9,481

1,283
4,034
1,432
1,689
8,440

3,938
1,579
5,518

3,611
1,858
5,470

3,960
7,607
-11
11,55726,556
136,565

3,724
6,411
-17
10,11824,028141,920

(Million yen)Previous Fiscal Year
(February 28, 2021)
Liabilities
Current liabilities
Notes and accounts payable-trade
Electronically recorded obligations - operating
Short-term borrowings
Income taxes payable
Provision for bonuses
Accrued directors' and corporate auditors'
remuneration
Asset retirement obligations
Allowance for sales discounts
Other
Total current liabilities
Fixed liabilities
Provision for directors' retirement benefits
Retirement benefit liability
Asset retirement obligationsAllowance for sales discounts
Other
Total fixed liabilities
Total liabilities
Net assets
Shareholder’s equity
Capital stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders' equity
Other accumulated comprehensive income
Valuation difference on securities
Foreign currency translation adjustments
Remeasurements of defined benefit plans
Total other accumulated comprehensive income
Share subscription rights
Non-controlling shareholders' equity
Total net assets
Total liabilities and net assets-4-Current Second Quarter(August 31, 2021)

22,170
4,188
299
1,147
1,32581

23,810
4,918
373
1,959
1,897
35

127
130
14,652
44,12328
119
13,187
46,331

114
1,594
234
192
2,024
4,160
48,283

70
1,537
229
134
1,697
3,669
50,0003,238
13,22680,344-10,123
86,685

3,238
13,231
83,552-10,106
89,914

1,042
-30
-349
662
119
814
88,281
136,565

881
515
-311
1,086
124
794
91,919141,920

(2) Quarterly Consolidated Statement of Income and Quarterly Statement of Comprehensive Income(Quarterly Consolidated Statement of Income)(For the six months period)(Million yen)Previous Second Quarter(March 1, 2020August 31, 2020)

Current Second Quarter(March 1, 2021August 31, 2021)

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividends income
Equity in income of affiliates
Other
Total non-operating income
Non-operating expenses
Interest expenses
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sale of fixed assets
Gain on sales of investment security
Subsidies for employment adjustment
Total extraordinary income
Extraordinary loss

149,734
131,494
18,23910,7387,500

163,907
143,444
20,462
12,035
8,427

11
43
48
59
162

8
43
44
45
142

19
146
166
7,496

17
63
80
8,489

32
216
248

170
126
296

Loss on valuation of investment security
Loss on sales of investment security
Impairment loss
Loss due to response to new infections
Loss on transfer of business

443
113352
1,262

087
98
-

191
2,266
5,479
1,563
49
1,613
3,865
-77
3,943

150
336
8,448
1,790
1,127
2,918
5,530
-27
5,557

Other
Total extraordinary loss
Profit before income taxes
Income taxes
Income taxes-deferred
Total income taxes
Net income
Net income attributable to non-controlling interests
Net income attributable to owners of parent-5-(Quarterly Consolidated Statement of Comprehensive Income)(For the six months period)(Million yen)

Net income
Other comprehensive income
Valuation difference on securities
Foreign currency translation adjustments
Remeasurements of defined benefit plans
Total other comprehensive income
Comprehensive income(Breakdown)Comprehensive income attributable toowners of parent
Comprehensive income attributable tonon-controlling interests

Previous Second Quarter(March 1, 2020August 31, 2020)
3,865Current Second Quarter(March 1, 2021August 31, 2021)
5,530

101-203
51-50
3,815-160
549
38
426
5,957

3,893

5,981-78-24-6-(3) Consolidated Statement of Cash Flows(Million yen)Previous Second Quarter(March 1, 2020August 31, 2020)
Net cash provided by (used in) operating activities
Profit before income taxes
Depreciation and amortization
Impairment loss
Amortization of goodwill
Increase (decrease) in allowance sales discount
Increase (decrease) in other allowancesInterest and dividend income
Interest expenses
Equity in loss (gain) of affiliates
Loss (gain) on sale of investment securities
Loss (gain) on transfer of business
Loss (gain) on sale of investment securities
Decrease (increase) in notes and accounts receivable- trade
Decrease (increase) in inventories
Increase (decrease) in notes and accounts payable-trade
Increase (decrease) in accounts payable
Increase (decrease) in accrued consumption taxes
Decrease (increase) in accounts receivable-other
Increase (decrease) in advances received
Increase (decrease) in advance revenue
OtherSub-total
Interest and dividend received
Interest expenses paid
Income taxes paid
Net cash provided by (used in) operating activities
Net cash provided by (used in) investing activities
Payments into time deposits
Proceeds from withdrawal of time deposits
Purchase of property, plant and equipment and intangible
fixed assets
Proceeds from sale of tangible and intangible fixed assets
Purchase of investment securities
Proceeds from sales and redemption of short-term and longterm investment securities
Payments for deposit of consumption of subsidiaries andassociates
Proceeds from refund of consumer deposits of subsidiaries
and associates
Payments for transfer of businessOther
Net cash provided by (used in) investing activities
Cash flow from financing activities
Net increase (decrease) in short-term borrowings
Repayment of long-term loans payable
Cash dividends paid
Payments from changes in ownership interests in
subsidiaries that do not result in change in scope ofconsolidation
Other
Cash flow from financing activities
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
Cash and cash equivalents at end of period-7-

Current Second Quarter(March 1, 2021August 31, 2021)

5,479
1,171
13
406
-254
386
-54
19-48
443
1,262
-30-574-446-2,026-1,321-619
-269
-243
-417
-307
2,569
128
-17
-1,724
956

8,448
1,308
87
356
-67
494
-52
17-44
0
-8,002
67
2,262
-555
-879
93
140
-303
-817
2,555
100
-16-880
1,758

-255
680
-1,320-179
269-1,545

4-11

885
-12

62

9-31,000-

31,000--4,35930-5,169

163
-409

189
-2-1,648

60－-2,349-1,853－-85-3,400-144-7,757
61,15153,394-188-2,477491-636
58,93758,300(4) Notes on quarterly consolidated financial statements(Notes on going concern assumption)
Current Second Quarter (March 1, 2021-August 31, 2021)
None(Notes if there is a significant change in the amount of shareholders' equity)
Current Second Quarter (March 1, 2021-August 31, 2021)
None(Changes in significant subsidiaries during the period)
During the first quarter of the fiscal year under review, General Services Inc. was excluded from the scopeof consolidation due to the completion of liquidation.
(Changes in accounting policies)(Change in valuation method for inventories)
Previously, merchandise was stated at cost determined by the moving-average method. Effective from the1Q of the consolidated fiscal year under review, the Company has changed to the cost method based on thegross average method.
The purpose of this change in valuation method was to enable faster and more appropriate periodical
calculation of profit and loss as a result of the renewal of the core system.
As the impact of this change on the Company's performance is immaterial, it has not been applied
retrospectively.

-8-