Consolidated Financial Results for the Fiscal Year Ended March 31, 2021
〔Japanese GAAP〕
May 13，2021
Company name
：Komehyo Holdings Co.,Ltd.
Stock exchange listings：Tokyo 2nd section, Nagoya 2nd section
Code number：2780
URL：https://www.komehyohds.com
Representative：Takuji Ishihara，President and Representative DirectorInquiries：Hiroyuki Yoshida，General Manager of IR・PR Department
Phone：+81-52-249-5366
Date of general shareholders' meeting (as planned)：June 25, 2021
Dividend payable date (as planned)：June 8, 2021
Annual securities report filing date (as planned)：June 25, 2021
Availability of supplementary briefing material on financial results：Available
Schedule of annual financial results briefing session：Not scheduled(Amounts of less than one million yen are rounded down.)
１．Consolidated Financial Results for the Fiscal Year Ended March 31, 2021
（April 1, 2020 to March 31, 2021）（１）Consolidated Operating Results(％ indicates changes from the previous corresponding period.)
Net sales
Million yen
Fiscal year ended March 31, 2021
Fiscal year ended March 31, 2020

（Note）Comprehensive income：OperatingOrdinaryincomeincome% Million yen

50,72357,510△11.8
12.9590297

Net income
attributable toowners of parent% Million yen

98.5△84.0% Million yen

4319－△99.5%△595△234－－

Fiscal year ended March 31,2021：△555 Million yen（－%）
Fiscal year ended March 31,2020：△272 Million yen（－%）
Basic earnings Diluted earnings
per shareYen△54.36△21.38

Fiscal year ended March 31, 2021
Fiscal year ended March 31, 2020

Return on

Ordinary income

equityto total assets

per share

Yen－－％△3.2△1.2

Operatingincometo net sales％
1.20.0％1.20.5（Reference）Equity in earnings (losses) of affiliates： Fiscal year ended March 31,2021：△1 Million yen
Fiscal year ended March 31,2020：△100 Million yen（２）Consolidated Financial Positions
Total assets

As of March 31, 2021
As of March 31, 2020

Net assets

Equity ratio

Net assets per share

Million yen

Million yen%

Yen

37,40235,611

18,44619,18948.8
53.3

1,665.61
1,731.43（Reference）Equity： As of March 31,2021：18,249 Million yen
As of March 31,2020：18,970 Million yen（３）Consolidated Cash Flows
Cash flows from

Cash flows from

Cash flows fromoperating activities investing activities financing activities
Million yen
Million yen
Million yen
Fiscal year ended March 31, 2021
Fiscal year ended March 31, 2020

4,379
△1,268△1,222669

1,353
1,651

Cash and cash
equivalents
Million yen

11,8947,330

2．Dividends
Annual dividends
1st

2nd

3rd

quarter-end quarter-end quarter-end

Fiscal year ended March 31, 2020
Fiscal year ended March 31, 2021
Fiscal year ended March 31, 2022
(Forecast)Year-end

Total

Total

PayoutNet asset

dividend

ratio

dividend(Total)(Consolidatedrate)(Consolidated)

YenYen

Yen

Yen

Yen

Million yen

%%－－

16.00
8.00

－－

8.00
8.00

24.00
16.00

262
175－－

1.4
0.9－

12.00

－

12.00

24.00

26.3

3．Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2022
（April 1，2021 to March 31，2022）(％ indicates changes from the previous corresponding period.)
Net sales
Million yen

First half
Full year＊ Notes

26,80060,000Operating income

Ordinary income

Net income

Basicearnings
Yen% Million yen% Million yen

attributable to% Million yen%－－－－－－

380
1,5503401,450210
1,000－－

19.17
91.27

The Company has decided to adopt the Accounting Standard for Revenue Recognition (ASBJ
Statement No. 29, etc.), starting from the beginning of the fiscal year ending March 31, 2022,
and based on such standards, has prepared the above consolidated financial results forecasts.
For this reason,the rates of increase/decrease from the previous fiscal year or the same
period of the previous fiscal year are not presented in the forecast.

＊ Notes（１）Changes in significant subsidiaries during the period under review (changes in specified
subsidiaries resulting in changes in scope of consolidation)：Yes
One new company (Company name) Komehyo Co.,Ltd.
（２）Changes in accounting policies,changes in accounting estimates and retrospective restatement① Changes in accounting policies due to the revision of accounting standards：No② Changes in accounting policies other than ① above：No③ Changes in accounting estimates：No④ Retrospective restatement：No（３）Total number of issued shares (common shares)① Total number of issued shares at the end of the period (including treasury stock):
March 31, 2021： 11,257,000 shares
March 31, 2020： 11,257,000 shares② Total number of treasury stock at the end of the period:
March 31, 2021： 300,533 stock
March 31, 2020： 300,533 stock③ Average number of shares during the period:
Fiscal year ended March 31, 2021： 10,956,467 sharesFiscal year ended March 31, 2020： 10,956,467 shares＊ These Financial Results are outside the scope of audit.
＊ Explanation of the proper use of financial results forecast and other notes(Notes on the earnings forecasts and other forward-looking statements)
The earnings forecasts and other forward-looking statements herein are based on data
currently available to the Company and certain assumptions that the Company believes arereasonable,and the Company has no intention of guaranteeing the achievability of them.
Actual results may differ significantly from these forecasts due to various factors.
(How to access earnings results briefing materials for quarterly financial results)
Earnings Results Briefing Materials for Financial Results will be posted on the company’s
website immediately after the financial results are announced to the Tokyo Stock Exchange.