Consolidated Financial Results for the First Quarter Ended December 31, 2020
[Japanese GAAP]May 12, 2020
Stock ListingTSECompany
Vision Inc.
Stock Code9416
URL https://www.vision-net.co.jp/
Representative Kenichi Sano, President, Founder & CEO
Contact
Shinichi Nakamoto, Director, Managing Executive Officer CFO
Scheduled date of filing of quarterly report: May 13, 2020
Scheduled starting date of dividend payment: －Quarterly supplementary financial document: Yes
Quarterly financial results briefing: NoneTEL+81-3-5325-0344(Round down to million yen)

1. Consolidated Financial Results for the First Quarter Ended December 31, 2020
(January 1, 2020 through March 31, 2020)(1) Consolidated Operating Results (Cumulative)(% change from the previous corresponding period)
Sales

Operating profit

Million yen%

Million yen－7.4
1Q FY2020
5,989
1Q FY2019
6,470
31.4
(Note) Comprehensive profit;
1Q FY2020:
1Q FY2019:

Net income
per share(Note)%

Million yen

－50.2
488
980
33.1
123 million yen
664 million yen

496
980(－81.5%)(34.7%)%

Million yen－49.4

116669

31.6%

－82.6

30.2

Diluted net income
per shareYen

1Q FY2020
1Q FY2019

Net income attributableowners of parent

Recurring profit

Yen

2.44
13.75

2.37
13.43

The Company conducted 3-for-1 stock splits on October 1, 2019, based on the resolution of the Board ofDirectors held on August 9, 2019. Net income per share and diluted net income per share were calculated
based on the assumption that these stock splits were conducted at the beginning of the previous
consolidated fiscal year.

(2) Consolidated Financial Position

Total assets
Million yen

1Q FY2020
FY2019(Reference) Shareholder’s equity;

Shareholder's equity
ratioNet assets

13,13815,173As of Mar. 31, 2020:
As of Dec. 31, 2019:

Million yen%

10,04476.3
10,905
71.7
10,021 million yen
10,883 million yen

2. Dividends
Annual dividend
End of 1Q

End of 2Q

Yen

End of 3Q

Yen

Year-end

Yen

FY2019－0.00－FY2020－
FY2020 (Forecast)
0.00－(Note) Revisions to dividend forecast during the most recent quarter

Total

Yen

Yen

0.00

0.00

0.00
: None0.00

3. Forecast of Consolidated Financial Results for the Fiscal Year Ending December 2020
(January 1, 2020 through December 31, 2020)
Sales1Q-2Q FY2020
FY2020(Note)

Operating profit(% change from the previous corresponding period)
Net income
Net income
Recurring profit
attributable
per shareowners of parent

Million yen%

Million yen%

Million yen%

Million yen%

Yen－－－－－－－－－－－－－－－－－－

Revisions to financial forecast during the most recent quarter―1―: Yes

Since it is difficult to reasonably calculate the consolidated business forecast at the present time due to theexpected impact on business activities due to the spread of novel coronavirus (COVID-19), the forecast
business results announced on February 12, 2020 are being retracted, and are currently listed asundetermined. The Company will make a new announcement as soon as it is possible to calculate theconsolidated business forecast.

* Notes(1) Changes in significant subsidiaries during the period: None
(2) Application of accounting procedures specific to preparation of the quarterly financial statements:
None(3) Changes in accounting policies, accounting estimates and restatement① Changes in accounting policies associated with revision of accounting standards: None
② Changes in accounting policies other than ①: None

③ Changes in accounting estimates: None④ Restatement: None(4) Shares issued (common stock)① Shares issued as of term-end (incl. Treasury stock)

1Q FY2020

49,027,800

FY201949,027,200② Treasury stock as of term-end

1Q FY2020

1,948,044

FY20191,039,044③ Average number of shares outstanding

1Q FY2020

47,653,554

1Q FY2019

48,685,069* Quarterly financial summary is not subject to the quarterly review procedures by certified public
accountants or audit firm.
* Explanation for appropriate use of forecasts and other notes
The forward-looking statements such as operational forecasts contained in this statements summary are based
in information currently available to the Company and certain assumptions which are regarded as legitimate.
Actual results may differ from such forward-looking statements for a variety of reasons.

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