Summary of Business Results for the Fiscal Year Ended March 31, 2022
[Japan GAAP] (Consolidated)
May 12, 2022
CompanyI’rom Group Co., Ltd.
Stock Code2372
URL: https://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 annual shareholders’ meeting : June 28, 2022
Expected date of filing of annual securities report : June 28, 2022
Expected starting date of dividend payment: June 29, 2022
Preparation of supplementary financial document : YesResults briefing: No

Registered on the TSE(Rounded down to million yen)

1. Consolidated business results for the fiscal year ended March 2022
(April 1, 2021 through March 31, 2022)(1) Consolidated results of operations
Net salesYear ended Mar. 2022
Year ended Mar. 2021(% change from the previous corresponding period)
Net income attributable
Ordinary income
to owners of parent

Operating income%
21.6
21.8

Million yen
15,693
12,906

Million yen
2,764
1,068%
158.8-11.6

Million yen
2,562
1,352%
89.5
17.6

Million yen
1,961
1,373%
42.8
11.1(Note) Comprehensive income:Year ended March 2022: 1,905 million yen ( 9.5 %)Year ended March 2021: 1,740 million yen ( 58.8 %)Net income
per share

Diluted net income
per share
YenYen162.50162.17114.30113.97

Year ended Mar. 2022
Year ended Mar. 2021

Ratio of ordinary
Ratio of operating
income to total assets income to net sales
%%%
20.9
10.8
17.6
17.4
7.5
8.3

Return on equity(Reference) Investment earnings/loss on equity-method:Year ended March 2022: 4 million yen
Year ended March 2021: 2 million yen(2) Consolidated financial position
Total assets
Million yen
26,58820,889As of Mar. 2022
As of Mar. 2021

Shareholders’ equity
ratio

Net assets
Million yen
10,162
8,712

Net assets per share%
38.1
41.5

Yen
838.69719.49(Reference) Shareholders’ equity:
As of March 2022: 10,128 million yen
As of March 2021: 8,674 million yen(3) Consolidated results of cash flows

Year ended Mar. 2022
Year ended Mar. 2021

Cash flows fromoperating activities
Million yen
2,630
374

Cash flows frominvesting activities
Million yen-2,918-1,468Cash flows fromCash and cash equivalents
financing activities
at the end of period
Million yen
Million yen
2,677
6,371
2,754
3,859

2. Dividends
Annual dividendYear ended Mar. 2021
Year ended Mar. 2022
Year ending Mar. 2023
(forecast)End of 1Q

End of 2Q

End of 3Q

Year-end

Yen-

Yen
20.00
20.00

Yen-

Yen
20.00
25.00

Yen
40.00
45.00

-20.00

-

20.00

40.00

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Total

Total dividend(Total)Million yen
482
543

Rate of total
dividend tonet assets(Consolidated)
%%
35.0
6.0
27.7
5.8

Dividend
payout ratio(Consolidated)

23.0

3. Forecast of consolidated business results for the fiscal year ending March 2023
(April 1, 2022 through March 31, 2023)(% change from the previous corresponding period)
Net salesYear ending Mar. 2023

Million yen
16,500Operating income% Million yen
5.1
3,000

Net income
attributable toowners of parent% Million yen
%
17.1
2,100
7.1

Ordinary income% Million yen
8.5
3,000

Net income pershare

-19.9

Yen
173.89%*Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes
in the scope of consolidation): None
(2) Changes in accounting policies, accounting estimates and restatement①Changes in accounting policies associated with revision of accounting standards：Yes②Changes in accounting policies other than ①：None③Changes in accounting estimates：None④Restatement：None(3) Shares outstanding (common stock)①Number of shares outstanding at the end of period (treasury stock included)
As of March 2022
12,306,665 shares
As of March 2021
12,285,965 shares②Treasury stock at the end of period
As of March 2022
230,245 shares
As of March 2021229,795 shares③Average number of stock during period (quarterly cumulative period)
Year ended March 2022
12,071,235 sharesYear ended March 2021
12,017,067 shares(Reference) Summary of non-consolidated business results
1. Non-consolidated business results for the fiscal year ended March 2022
(April 1, 2021 through March 31, 2022)(1) Non-consolidated results of operations
Operating income

Net salesYear ended Mar. 2022
Year ended Mar. 2021

Million yen
3,046
1,994%
52.8-2.5

Net income per shareYen
92.69
72.55

Year ended Mar. 2022
Year ended Mar. 2021

Million yen
1,518526(% change from the previous corresponding period)
Ordinary income
Net income%
188.7
-15.5

Million yen
1,576
922

%
70.9
29.3

Million yen
1,118871%
28.3
14.0

Diluted net income pershare
Yen
92.50
72.34

(2) Non-consolidated financial position
Total assets
As of Mar. 2022
As of Mar. 2021

Million yen
15,51812,893

Net assets
Million yen
8,245
7,705

Shareholders’ equity
ratio%
53.0
59.6

Net assets per shareYen
681.33636.93(Reference) Shareholders’ equity:
As of March 2022: 8,227million yenAs of March 2021: 7,678million yen*Financial summary is not subject to auditing procedures*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 and certain assumptions that thecompany deems to be reasonable at the time this report was prepared. The company does not make primises about the achievements. Actual results may
differ significantly from the forecasts due to various factors.

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