Summary of Financial Results for the Year Ended February 28, 2021
[Japan GAAP] (Consolidated)
April 9, 2021
AEON DELIGHT Co., Ltd.
Listed on the TSE19787
URL: https://www.aeondelight.co.jp
Kazumasa Hamada, President and CEO, Group CEO
Ryoji Mamesaya, Executive Officer, General Manager of Group Finance &Contact
T E L: +81-3-6840-5712
Accounting Division (CFO)
Planned date for annual shareholders’ meeting: May 19, 2021 Planned date for commencement of dividend payment: May 6, 2021
Planned date for filing of annual securities report: May 20, 2021
Preparation of supplementary financial document: Yes
Results briefing: Yes (for institutional investors and analysts)
Company
Stock Code
Representative（Rounded down to million yen）

１. Consolidated business results for the fiscal year ended February 2021
(March 1, 2020 through February 28, 2021)(1) Consolidated results of operations(% change from the previous corresponding period)
Net sales

Operating income

Million yen% Million yen
300,085-2.8
15,230Year ended Feb. 2021
308,582
1.916,001
Year ended Feb. 2020
(Note) Comprehensive income:Year ended February 2021: 12,329 million yen (36.4%)
Year ended February 2020: 9,039 million yen (50.5%)
Net income
per share%
-4.8
22.8

Diluted net income
per shareYen
233.69Year ended Feb. 2021
187.21
Year ended Feb. 2020
(Reference) Investment earnings/loss on equity-method:Year ended February 2021: 79 million yen
Year ended February 2020: 50 million yen

Ordinary income
Million yen
15,26815,949Return on
equity%-4.3
19.4

Net income attributable toowners of parent

Million yen
11,6809,348

Ratio of ordinary
income to total
assets%11.2
11.8

Yen233.47
186.94%
14.1
12.3

Net assets

Shareholders’ equity
ratio%
25.0
45.7

Ratio of operating
income to net sales%
5.1
5.2(2) Consolidated financial position
Total assets
Million yen
136,565
As of Feb. 2021
136,917
As of Feb. 2020
(Reference) Shareholders’ equity:
As of February 2021: 87,347 million yen
As of February 2020: 78,886 million yen

Million yen
88,281
81,286

Net assets per
share%
64.0
57.6

Yen
1,746 88
1,578 77(3) Consolidated results of cash flows

Year ended Feb. 2021
Year ended Feb. 2020

Cash flows fromoperating activities
Million yen
10,403
7,371

Cash flows frominvesting activities
Million yen-7,325
13,838Cash flows fromfinancing activities
Million yen-5,324-3,392

Cash and cash equivalents
at the end of period
Million yen
58,937
61,151

2. Dividends
Annual dividend
End of
1Q
Yen
Year ended Feb. 2020
Year ended Feb. 2021
Year ending Feb. 2022
(forecast)Ordinary dividend
Commemorative
dividend*Total* 15th anniversary of AEON delight

End of2Q

Dividend
payout ratio(Consolidated)

End of3Q

Year-end

Yen
32.00
35.00

Yen-Yen33.00
47.00

Yen
65.00
82.00

37.00
5.00

-

37.00
5.00

74.00
10.00

35.2
4.8

42.00

-

42.00

84.00

40.0

- 1 -

Total

Total
dividend(Total)
Million yen
3,246
4,099%
34.7
35.1

Rate of total
dividend tonet assets(Consolidated)
%
4.3
4.9

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 sales
Million yen

Year ending Feb.
2022

325,000

Operating income%Million yen

8.3

16,500%8.3Ordinary income

Net income attributableto owners of parent

Net income
per share

Million yen%

Million yen%

Yen

16,5008.1

10,500-10.1

209.99※Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes inthe scope of consolidation): None
(2) Changes in accounting policies, accounting estimates and restatement①Changes in accounting policies associated with revision of accounting standards:②Changes in accounting policies other than ①③Changes in accounting estimates④Restatement: None: None: None: None

(3) Shares outstanding (common stock)① Number of shares outstanding at the end of period (treasury stock included)
As of February 2021
54,169,633 shares
As of February 2020
54,169,633 shares② Treasury stock at the end of period:
As of February 2021
4,167,473 shares
As of February 2020
4,202,659 shares③ Average number of stock during period
Year ended February 2021
49,984,105 sharesYear ended February 2020
49,933,529 shares*Financial summary is not subject to auditing 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
and certain assumptions that the company deems to be reasonable at the time this report was prepared. The company
does not make promises about the achievements. Actual results may differ significantly from the forecasts due tovarious factors.

- 2 -Consolidated Financial Statements(Consolidated Balance Sheet)(Million yen)

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
Deferred tax assets
OtherAllowance for doubtful accounts
Total investment and other assets
Total fixed assets
Total assets- 3 -Previous fiscal year
(February 29, 2020)

Current fiscal year
(February 28, 2021)

62,35539,535
3,077
1,822
5,813
-242
112,362

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

1,458
4,846
2,032
1,334
9,671

1,671
4,264
2,000
1,545
9,481

5,975
1,209
7,185

3,938
1,579
5,518

3,623
1,763
2,347
-36
7,698
24,554
136,917

3,960
4840
2,766
-11
11,55726,556
136,565

(Million yen)

Liabilities
Current liabilities
Notes and accounts payable-trade
Electronically recorded obligations - operating
Short-term borrowings
Current portion of long-term loans payableAccounts payable
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
Long-term debt
Deferred tax 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

Previous fiscal year
(February 29, 2020)

Current fiscal year
(February 28, 2021)

23,388
4,814
249
3
6,356
2,795
1,333

22,170
4,188
299
7,227
1,147
1,325

91

81-

- 4 -

127

677
9,153
48,864130
7,425
44,123

11763
178
1,930
60
1,576
2,247
6,767
55,631

876
114
1,594
234
192
1,147
4,160
48,283

3,238
13,88072,063-10,208
78,972

3,238
13,22680,344-10,123
86,685487
18-592-86
186
2,213
81,286
136,917

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

Consolidated Statement of Income and Statement of Comprehensive Income(Consolidated Statement of Income)(Million yen)Previous fiscal year
(March 1, 2019 –February 29, 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
Subsidy income
Other
Total 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
Other
Total extraordinary income
Extraordinary loss
Impairment loss
Loss due to response to new infections
Loss on transfer of business
Other
Total extraordinary loss
Income before income taxes
Income taxes
Income taxes-deferred
Total income taxes
Net income
Net income attributable to non-controllinginterests
Net income attributable to owners of parent- 5 -Current fiscal year
(March 1, 2020 –February 28, 2021)
308,582
270,01138,57022,56916,001300,085
262,910
37,17521,945
15,230

39
131
50
17
101
339

20
68
79
164
100
432

31
359
391
15,94938356
395
15,268

111
17
129

33
435
469

175
355
530
15,548
5,547
406
5,954
9,593

1,659
482
1,253
1,690
5,086
10,651
2,383-3,302-919
11,570

245

-110

9,348

11,680(Consolidated Statement of Comprehensive Income)(Million yen)Previous fiscal year
(March 1, 2019 –February 29, 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 to ownersof parent
Comprehensive income attributable to noncontrolling interests- 6 -Current fiscal year
(March 1, 2020 –February 28, 2021)
9,593

11,570

-389
-61
-103
-554
9,039

556
-46
248
759
12,3298,795

12,429244-99

Consolidated Statement of Cash Flows(Million yen)
Current fiscal year
(March 1, 2020 February 28, 2021)

Previous fiscal year
(March 1, 2019 February 29, 2020)
Net cash provided by (used in) operating activities
Income before income taxes
Depreciation and amortization
Impairment loss
Amortization of goodwill
Increase (decrease) in accrued bonuses
Increase (decrease) in allowance sales discount
Increase (decrease) in provision for directors' retirement
Increase (decrease) in liabilities relating to retirement benefits
Interest and dividend income
Interest expenses
Equity in loss (gain) of affiliates
Loss (gain) on sale of investment securities
Loss (gain) on transfer of businessLoss (gain) on sale of investment securities
Decrease (increase) in notes and accounts receivable- trade
Decrease (increase) in inventories
Increase (decrease) in notes and accounts payable-trade
Increase (decrease) in accounts payable
Increase (decrease) in accrued consumption taxes
Decrease (increase) in accounts receivable-other
Increase (decrease) in advances received
Increase (decrease) in advance revenue
Other
Sub-totalInterest and dividend received
Interest expenses paid
Income taxes paid
Net cash provided by (used in) operating activities
Net cash provided by (used in) investing activities
Payments into time deposits
Proceeds from withdrawal of time deposits
Purchase of property, plant and equipment and intangible fixed assets
Proceeds from sale of tangible and intangible fixed assets
Proceeds from sales or maturities of securities
Purchase of investment securities
Proceeds from sales and redemption of investment securities
Payments for transfer of business
Payments for deposit of consumption of subsidiaries and associates
Proceeds from refund of consumer deposits of subsidiaries andassociates
OtherNet cash provided by (used in) investing activities
Net cash provided by (used in) financing activities
Net increase (decrease) in short-term borrowings
Repayment of long-term loans payable
Cash dividends paid
Payments from changes in ownership interests in subsidiaries that
do not result in change in scope of consolidation
OtherNet cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Increase (decrease) in cash and cash equivalents resulting from change inscope of consolidation
Cash and cash equivalents at end of period- 7 -15,548
2,352
175
815
201
-495
-20
59
-170
31-50-14-97-2,470387-2,662
613
1,017
-467
1,406
-787
-1,65813,713
201-36-6,506
7,371

10,651
2,427
1,659
801
-5
-527
-64
-136
-88
38
-79
462
1,253
-27
192
-183
-1,840
877
198
492
-692
-680
361
15,090187-35-4,838
10,403-1,251842-2,361
0
100
-23
226
-192,500
208,500-935
1,294-2,46939-82
93-4,502-31,000
31,000305
13,838-762-7,325-143-3-3,19560-14-3,397--1,853-49-3,392-98
17,71943,437-118-5,32432-2, 214
61,151-5－

61,15159,937