Translation
Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any
discrepancy between this translated document and the original Japanese document, the latter shall prevail.

Summary of Consolidated Financial Results
for the Three Months Ended June 30, 2022
(Based on Japanese GAAP)
July 25, 2022
Company name:
TRANCOM CO.,LTD.
Stock exchange listing: Tokyo, Nagoya
Stock code:
Representative:

9058
URL https://www.trancom.co.jp/ir/
Representative Director ,President
Atsunori Takabe

Inquiries:
Executive Officer / Finance and Accounting
Scheduled date to file Quarterly Securities Report:

Naoki Mitamura
August 5, 2022

Scheduled date to commence dividend payments:
Preparation of supplementary material on quarterly financial results:–No

Holding of quarterly financial results meeting:

NoTEL(052)939-2011(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the three months ended June 30, 2022 (from April 1, 2022 to June 30, 2022)(1) Consolidated operating results (cumulative)
Net sales
Three months ended June 30, 2022
Three months ended June 30, 2021

Millions of yen
41,556
39,605Percentages indicate year-on-year changes
Profit attributable toOperating profit
Ordinary profit
owners of parent% Millions of yen% Millions of yen% Millions of yen%
4.9
1,882 (13.0)
1,993
(9.5)
1,310(9.8)
10.2
2,164
37.7
2,201
43.1
1,453
60.6

Earnings per share

Diluted earnings per shareYen
134.20148.44Three months ended June 30, 2022
Three months ended June 30, 2021

Yen
133.87148.07(2) Consolidated financial position
Total assets
As of June 30, 2022As of March 31, 2022

Net assets

Millions of yen
69,60869,636Equity ratio

Millions of yen
48,12847,636

Net assets per share%
68.4
67.8

Yen
4,910.96
4,816.37

2. Cash dividends
Annual dividends per share

Year ended March 31, 2022
Year ending March 31, 2023

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––Yen
62.00

Yen–

Yen
64.00

Yen
126.00

68.00

–

68.00

136.00Year ending March 31, 2023 (Forecast)Total

3. Forecast of consolidated financial results for the year ending March 31, 2023 (from April 1, 2022 to March 31, 2023)
Percentages indicate year-on-year changes
Profit attributable toNet sales
Operating profit
Ordinary profit
Earnings per shareowners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
Yen
Six months ending
83,280
4.5
3,820
(3.5)
3,890
(3.0)
3,380
30.0
345.01
September 30, 2022
Full year
170,000
4.3
8,530
6.7
8,640
5.5
6,510
23.0
664.501

4. Notes(1) Changes in significant subsidiaries during the three months ended June 30, 2022
(changes in specified subsidiaries resulting in the change in scope of consolidation):No(2) Application of special accounting methods for preparing quarterly consolidated financial statements:

No(3) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements
Changes in accounting policies due to revisions to accounting standards and other regulations:
Changes in accounting policies due to other reasons:

Yes
No

Changes in accounting estimates:
Restatement of prior period financial statements:

NoNo(4) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of June 30, 2022

10,324,150 shares As of March 31, 2022

10,324,150 shares

Number of treasury shares at the end of the period
As of June 30, 2022

628,885 shares As of March 31, 2022

527,285 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Three months ended June 30, 2022

9,765,296 shares Three months ended June 30, 2021

29,791,152 shares

Quarterly consolidated financial statements
Consolidated balance sheets(Millions of yen)
As of March 31, 2022
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade, and contract assets
MerchandiseWork in process
Supplies
Prepaid expenses
Deposits paid
OtherAllowance for doubtful accounts

As of June 30, 2022

20,02425,728
8
518
794–
222
(1)

18,21525,137
11
4
22
1,061
1,333
646
(1)

46,80046,432

9,874(5,197)

9,918(5,287)

Buildings and structures, net

4,676

4,630

Machinery, equipment and vehicles
Accumulated depreciation

7,960(5,764)

8,161(5,960)2,1952,201

3,005
2,376(1,830)

3,005
2,339(1,810)

545

528

1,797(605)

1,929
(801)

Right-of-use assets,net

1,192

1,128

Construction in progress
Other
Accumulated depreciation

251
1,596
(1,107)489
1,661(1,152)

Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation

Machinery, equipment and vehicles, net
Land
Leased assets
Accumulated depreciation
Leased assets, net
Right-of-use assets
Accumulated depreciation Right-of-use assets

Other, net

489

509

12,35612,492

Intangible assets
Goodwill
Software
Software in progress
Customer Relationship
Other

1,761
1,432
36
325
154

1,791
1,326
80
321
153

Total intangible assets

Total property, plant and equipment

3,711

3,674

Investments and other assets
Investment securities
Deferred tax assets
Deferred tax assets for land revaluation
Guarantee deposits
Other
Allowance for doubtful accounts

3,622
755
19
2,240
142
(13)

3,818
479
19
2,523
181
(13)

Total investments and other assets

6,768

7,009

22,83623,176

69,636

69,608

Total non-current assets
Total assets3

(Millions of yen)
As of March 31, 2022

As of June 30, 2022

Liabilities
Current liabilities
Accounts payable - trade

12,402

11,778

Short-term borrowings
Lease liabilities

–
708

144
731

Accounts payable - otherAccrued expenses

1,727
1,355

1,715
2,337

Income taxes payable
Accrued consumption taxes

1,024
673

249
891

Provision for bonuses
Provision for bonuses for directors (and other officers)

635
–

226
7

Other

357

363

18,88518,445

1,295
82

1,180
81

306

327

343

356

Total current liabilities
Non-current liabilities
Lease liabilities
Deferred tax liabilities
Provision for stocks payment
Provision for share awards for directors (and otherofficers)
Retirement benefit liability

9490

Asset retirement obligations
Other636
356

641
357

Total non-current liabilities

3,115

3,034

22,00021,480Shareholders' equity
Share capital

1,080

1,080

Capital surplus
Retained earnings

1,815
45,007

1,862
45,610Treasury shares(1,049)(1,757)

Total shareholders' equity

46,853

46,794

Valuation difference on available-for-sale securities
Revaluation reserve for land

241(44)248(44)Foreign currency translation adjustment
Remeasurements of defined benefit plans

141(5)

619(5)

Total accumulated other comprehensive income

332

818

100
350

100
414

47,636

48,12869,636

69,608

Total liabilities
Net assets

Accumulated other comprehensive income

Share acquisition rights
Non-controlling interests
Total net assets
Total liabilities and net assets

4Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)(Millions of yen)Three months ended
June 30, 2021

Three months ended
June 30, 2022

Net sales

39,60541,556

Cost of sales

36,73438,749Gross profit

2,870

2,807

706

924

2,164

1,882

Selling, general and administrative expenses
Operating profit
Non-operating income
Interest and dividend income

1116

Share of profit of entities accounted for using equity method
Subsidy income

2262

27
72

Other

33

35

Total non-operating income

129

152

Interest expenses
Loss on retirement of non-current assets

36
22

27
0

Compensation expenses
Other25
9–
13

Total non-operating expenses

9241

Ordinary profit

2,201

1,993

Profit before income taxes

2,201

1,993

Income taxes - current

520

432

Income taxes - deferred

202

229

Non-operating expenses

Total income taxes

722

662

Profit

1,479

1,330

Profit attributable toProfit attributable to owners of parent

1,453

1,310

25

20

Valuation difference on available-for-sale securities
Foreign currency translation adjustment

(49)
287

7527

Remeasurements of defined benefit plans, net of tax

20

Profit attributable to non-controlling interests
Other comprehensive income

Total other comprehensive income
Comprehensive income

239

535

1,718

1,8661,665
53

1,796
70

Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests5