Summary of Financial Results for the First Quarter Ended May 31, 2021
[Japan GAAP] (Consolidated)
July 7, 2021
Company
AEON DELIGHT Co., Ltd.
Listed on the TSE1
Stock Code9787
URL: https://www.aeondelight.co.jp
Representative
Kazumasa Hamada, President and CEO, Group CEO
Contact
Keiji Sagata, Managing Director, Group Strategy and ESG
T E L: +81-3-6840-5712
Expected date of filing of quarterly report: July 14, 2021
Expected starting date of dividend payment: Preparation of quarterly supplementary financial document: Yes
Quarterly results briefing: No (for institutional investors and analysts)（Rounded down to million yen）

1. Consolidated business results for the three months ended May 2021
(March 1, 2021 through May 31, 2021)(1) Consolidated results of operations
Net sales

Operating income

Million yen
79,68873,532%
8.4-7.0

Million yen
3,728
3,455

%
Three months ended May 2021
7.9
Three months ended May 2020
-9.1
(Note) Comprehensive income
Three months ended May 2021: 2,912 million yen (19.0%)
Three months ended May 2020: 2,448 million yen (18.5%)
Net income
Diluted net income perper shareshareYen
Yen
Three months ended May 2021
50.15
50.10
Three months ended May 2020
59.86
59.79

(% change from the previous corresponding period)
Net income attributable toOrdinary income
owners of parent

Million yen
3,751
3,459%
8.4-9.5

Million yen
2,507
2,991

%
-16.2
44.5

(2) Consolidated financial position
Total assets

Net assets

Million yen
As of May 2021
135,795
As of Feb. 2021
136,565(Reference) Shareholders’ equity
As of May 2021: 87,929 million yen
As of February 2021: 87,347 million yen

Million yen
88,87588,281Shareholders’ equity
ratio%
64.8
64.0

2. Dividends
End of 1Q
Yen-

End of 2Q
Yen
35.00

Annual dividend
End of 3Q
Yen-Year ended Feb. 2021
Year ending Feb. 2022
Year ending Feb. 2022 (forecast)Ordinary dividend
37.00
Commemorative dividend
5.00
Total
42.00
(Note) Revisions to dividend forecast for the current quarter: None
The commemorative dividend is paid in commemoration of the 15th anniversary of AEON DELIGHT.

Year-end
Yen
47.00

Total
Yen
82.00

37.00
5.00
42.00

74.00
10.00
84.00

3．Forecast of consolidated business results for the fiscal year ending February 2022
(March 1, 2021 through February 28, 2022)(% change from the previous corresponding period)
Net salesYear ending Feb. 2022

Operating income

Net income attributable toowners of parent

Ordinary income

Million yen%

Million yen%

Million yen%

Million yen

325,000

8.3

16,5008.3

16,5008.1

10,500(Note) Revisions to business forecast for the current quarter: None-1-%-10.1

Net income
per shareYen

209.99

*Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes inthe scope of consolidation): Yes
Excluded: 1 (General Services, Inc.)
Note: Please refer to ' 2. Quarterly Consolidated Financial Statements and significant notes (3) Notes onquarterly consolidated financial statements (Changes in significant subsidiaries during the first quarter ofthe current fiscal year) ' on page 7 of the attached document.
(2) Application of accounting procedures specific to preparation of the consolidated quarterly financial statements:
None(3) Changes in accounting policies, accounting estimates and restatement: None
①Changes in accounting policies associated with revision of accounting standards:: Yes②Changes in accounting policies other than ①: None
③Changes in accounting estimates: None④Restatement
Note: Please refer to ' 2. Quarterly Consolidated Financial Statements and significant notes (3) Notes on quarterly
consolidated financial statements (Changes in accounting policies) ' on page 7 of the attached document.
(4) Shares outstanding (common stock)①Number of shares outstanding at the end of period (treasury stock included)
As of May 2021
54,169,633 shares
As of February 2021
54,169,633 shares②Treasury stock at the end of period
As of May 2021
4,160,573 shares
As of February 2021
4,167,473 shares③Average number of stock during period (quarterly cumulative period)
Three months ended May 2021
50,005,610 shares
Three months ended May 2020
49,971,367 shares*Financial summary is not subject to the quarterly review procedures by certified public accountants or auditing firms.
*Explanation regarding appropriate use of business forecasts and other special instructions(Precautions regarding forward-looking statements)
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. The company does notmake promises about the achievements. Actual results may differ significantly from the forecasts due to various factors.

-2-2. Quarterly Consolidated Financial Statements and significant notes(Quarterly Consolidated Balance Sheets)(Million yen)Previous Fiscal Year
(February 28, 2021)
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable
Electronically recorded monetary claims
Inventories
Other
Allowance for doubtful accounts
Total current assets
Fixed assets
Tangible fixed assets
Buildings and structures, netTools, furniture and fixtures, netLand
Other, net
Total tangible fixed assets
Intangible fixed assets
Goodwill
Other
Total intangible fixed assets
Investments and other assets
Investment securities
Other
Allowance for doubtful accounts
Total investment and other assets
Total fixed assets
Total assets-3-Current First Quarter(May 31, 2021)

59,77339,176
3,182
2,006
6,082
-212
110,008

57,97740,360
3,338
2,001
6,339
-120
109,897

1,671
4,2642,000
1,545
9,481

1,647
4,160
2,000
1,509
9,317

3,938
1,579
5,518

3,783
1,675
5,459

3,960
7,607
-11
11,55726,556
136,565

3,872
7,268
-19
11,12025,898135,795

(Million yen)

Liabilities
Current liabilities
Notes and accounts payable-trade
Electronically recorded obligations - operating
Short-term borrowings
Income taxes payable
Provision for bonuses
Accrued directors' and corporate auditors'
remuneration
Asset retirement obligations
Allowance for sales discounts
Other
Total current liabilities
Fixed liabilities
Provision for directors' retirement benefits
Obligations for retirement pay
Asset retirement obligations
Allowance for sales discounts
Other
Total fixed liabilities
Total liabilities
Net assets
Shareholder’s equity
Capital stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders' equity
Other accumulated comprehensive income
Valuation difference on securities
Foreign currency translation adjustments
Remeasurements of defined benefit plans
Total other accumulated comprehensive income
Share subscription rights
Non-controlling shareholders' equity
Total net assets
Total liabilities and net assets-4-

Previous Fiscal Year
(February 28, 2021)

Current First Quarter(May 31, 2021)

22,170
4,188
299
1,147
1,325
81

22,080
4,179
273
904
2,332
15

127
130
14,652
44,123

127
124
13,02443,062

114
1,594
234
192
2,024
4,160
48,283

64
1,569
234
163
1,826
3,858
46,9203,238
13,22680,344-10,123
86,685

3,238
13,23180,501-10,106
86,864

1,042
-30
-349
662
119
814
88,281
136,565

973
422
-330
1,065
124
821
88,875
135,795

Quarterly Consolidated Statement of Income and Quarterly Statement of Comprehensive Income(Quarterly Consolidated Statement of Income)(For the three months period)(Million yen)Previous First Quarter(March 1, 2020May 31, 2020)
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividends income
Equity in income of affiliates
OtherTotal non-operating income
Non-operating expenses
Interest expenses
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sales of investment security
Subsidies for employment adjustment
Total extraordinary income
Extraordinary loss
Loss due to response to new infections
Other
Total extraordinary loss
Profit before income taxes
Income taxes
Income taxes-deferred
Total income taxes
Net income
Loss attributable to non-controlling interests
Net income attributable to owners of parent-5-73,53264,569
8,963
5,507
3,455

Current First Quarter(March 1, 2021May 31, 2021)
79,68869,922
9,765
6,036
3,728

5
31
18
29
84

4
33
18
24
80

9
70
80
3,459

8
49
57
3,751

32
32

74
74

172
133
305
3,186
276-11
265
2,921
-70
2,991

52
052
3,773
870
395
1,266
2,507
-0
2,507(Quarterly Consolidated Statement of Comprehensive Income)(For the three months period)(Million yen)Previous First Quarter(March 1, 2020May 31, 2020)
Net income
Other comprehensive income
Valuation difference on securities
Foreign currency translation adjustments
Remeasurements of defined benefit plans
Total other comprehensive income
Comprehensive income(Breakdown)Comprehensive income attributable toowners of parent
Comprehensive income attributable tonon-controlling interests-6-

Current First Quarter(March 1, 2021May 31, 2021)
2,921

2,507-103-396
27-472
2,448-69
455
19405
2,912

2,526

2,910-781

(3) Notes on quarterly consolidated financial statements(Notes on going concern assumption)
Current First Quarter (March 1, 2021-May 31, 2021)
None(Notes if there is a significant change in the amount of shareholders' equity)
Current First Quarter (March 1, 2021-May 31, 2021)
None(Changes in significant subsidiaries during the first quarter of the current fiscal year)
During the first quarter of the current fiscal year, General Services, Inc. was excluded from the scope ofconsolidation due to the completion of liquidation.
(Changes in accounting policies)(Change in method for inventory valuation)
Merchandise was previously stated at cost based on the moving average method. However, from the firstquarter of the current fiscal year, the Company has adapted the weighted-average method. The purpose of thischange in valuation method was to enable faster and more appropriate periodical calculation of profit and loss
on the occasion of the renewal of the core system.
Since the impact of this change is immaterial, it has not been applied retrospectively.

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