Summary of Business Results for the Second Quarter Ended September 30, 2020
[Japan GAAP] (Consolidated)
November 5, 2020
CompanyI’rom Group Co., Ltd.
Stock Code2372
URL: http://www.iromgroup.co.jp/
Representative
Toyotaka Mori, President and CEO
Contact
Hiroaki Inukai, Vice president, CFO
T E L: +81-3-3264-3148
Expected date of filing of quarterly report: November 6, 2020
Expected starting date of dividend payment: December 11, 2020
Preparation of quarterly supplementary financial document: Yes
Quarterly results briefing: NoneRegistered on the TSE(Rounded down to million yen)

1. Consolidated business results for the six months ended September 2020
(April 1, 2020 through September 30, 2020)(1) Consolidated results of operations
Net sales
Six months ended Sept. 2020
Six months ended Sept. 2019

Operating income

Million yen
5,078
4,710

Million yen
351
465%
7.8
-1.1%
-24.5-33.0(% change from the previous corresponding period)
Net income attributable
Ordinary income
to owners of parent
Million yen
452
391%
15.6
-44.6

Million yen
319
273%
16.8
-49.3

(Note) Comprehensive income:Six months ended September 2020: 525 million yen ( 129.8 %)Six months ended September 2019: 228 million yen ( -64.1 %)Net income pershareYen
26.68
23.70

Six months ended Sept. 2020
Six months ended Sept. 2019

Diluted net income per
share
Yen
26.60
23.24

(2) Consolidated financial position
Total assets

Net assets

Million yen
17,087
15,105

As of Sept. 2020
As of Mar. 2020

Million yen
7,739
7,167

Shareholders’ equity
ratio%
45.1
47.2(Reference) Shareholders’ equity:
As of September 2020: 7,700 million yen
As of March 2020
: 7,126 million yen

2. Dividends
End of 1Q

End of 2Q
Yen――Year ended Mar. 2020
Year ending Mar. 2021
Year ending Mar. 2021(forecast)

Yen
20.00
20.00

Annual dividend
End of 3Q
Yen――Year-end

TotalYen
20.00

Yen
40.00

20.00

40.00

(Note) Revisions to dividend forecast for the current quarter: None

3. Forecast of consolidated business results for the fiscal year ending March 2021
(April 1, 2020 through March 31, 2021)(% change from the previous corresponding period)
Net salesYear ending Mar. 2021

Million yen
13,000Operating income% Million yen
22.71,300

Ordinary income% Million yen
7.7
1,300(Note) Revisions to business forecast for the current quarter: None－1－%
13.1

Net income
attributable toowners of parent
Million yen%
1,000 -19.1

Net income pershareYen
84.60

*Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes
in the scope of consolidation): None
(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 ：None②Changes in accounting policies other than ①：None③Changes in accounting estimates：None④Restatement：None(4) Shares outstanding (common stock)①Number of shares outstanding at the end of period (treasury stock included)
As of September 2020
12,285,965 shares
As of March 2020
12,048,865 shares②Treasury stock at the end of period
As of September 2020
229,275 shares
As of March 2020
228,815 shares③Average number of stock during period (quarterly cumulative period)
Six months ended September 2020
11,977,808 shares
Six months ended September 201911,544,691 shares*Implementation status of quarterly review procedure
This financial summary is not subject to the quarterly review procedures pursuant to the Financial Instruments andExchange Act. At the time of disclosure of this report, the procedures for review of financial statements pursuant to theFinancial Instruments and Exchange Act have not been completed.
*Explanation regarding appropriate use of business forecasts and other special instructions
Forecasts regarding future performance in this material are based on information currently available to the Company andcertain assumptions that the Company deems to be reasonable at the time this report was prepared. Actual results may differ
significantly from the forecasts due to various factors.

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