Summary of Financial Results for the Year Ended February 28, 2022
[Japan GAAP] (Consolidated)
April 7, 2022
Company
AEON DELIGHT Co., Ltd.
Listed on the TSE
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: +81-3-6895-3892
Planned date for annual shareholders’ meeting: May 18, 2022 Planned date for commencement of dividend payment: May 6, 2022
Planned date for filing of annual securities report: May 19, 2022
Preparation of supplementary financial document: Yes
Results briefing: Yes (for institutional investors and analysts)（Rounded down to million yen）

1. Consolidated business results for the fiscal year ended February 2022
(March 1, 2021 through February 28, 2022)(1) Consolidated results of operations(% change from the previous corresponding period)
Net sales

Operating income

Million yen% Million yen
317,657
5.9
15,733
Year ended Feb. 2022
300,085-2.8
15,230Year ended Feb. 2021
(Note) Comprehensive income:Year ended February 2022: 11,529million yen (-6.5%)
Year ended February 2021: 12,329 million yen (36.4%)
Net income
per share%
3.3-4.8

Diluted net income
per shareYen
213.26
Year ended Feb. 2022
233.69Year ended Feb. 2021
(Reference) Investment earnings/loss on equity-method:Year ended February 2022: 85million yen
Year ended February 2021: 79 million yen

Net income attributable toowners of parent

Ordinary income
Million yen
15,78915,268Return onequity%
3.4-4.3

Million yen
10,665
11,680

Ratio of ordinary
income to total
assets%
11.3
11.2

Yen
213.12233.47%
11.7
14.1Net assets

Shareholders’ equity
ratio%-8.7
25.0

Ratio of operating
income to net sales%
5.0
5.1(2) Consolidated financial position
Total assets
Million yen
142,859
As of Feb. 2022
136,565
As of Feb. 2021
(Reference) Shareholders’ equity:
As of February 2022: 94,577million yen
As of February 2021: 87,347 million yen

Million yen
95,421
88,281

Net assets per
share%
66.2
64.0

Yen
1,890 76
1,746 88

(3) Consolidated results of cash flows

Year ended Feb. 2022
Year ended Feb. 2021

Cash flows fromoperating activitiesMillion yen
12,598
10,403

Cash flows frominvesting activities
Million yen-386-7,325

Cash flows fromfinancing activities
Million yen-4,572-5,324

Cash and cash equivalents
at the end of period
Million yen
67,52058,937

2. Dividends
Annual dividend
End of1Q

End of2Q

End of3Q

Year-end

Total

Total
dividend(Total)Dividend
payout ratio(Consolidated)

Rate of total
dividend tonet assets(Consolidated)
%
4.9

Yen-

Yen
35.00

Yen-

Yen
47.00

Yen
82.00

Million yen
4,099%
35.1

Ordinary dividend
Commemorativedividend*Total
Year ending Feb. 2023
(forecast)* 15th anniversary of AEON delight

37.00

-

37.00

74.00

3,701

34.7

5.00

-

5.00

10.00

500

4.7

42.00

-

42.00

84.00

4,201

39.4

4.6

42.00

-

43.00

85.00

-

39.7

-

Year ended Feb. 2021
Year ended Feb. 2022

-1-

3．Forecast of consolidated business results for the fiscal year ending February 2023
(March 1, 2022 through February 28, 2023)
Net salesYear ending Feb.
2023

Operating income

Net income attributableto owners of parent

Ordinary income

Net income
per share

Million yen%

Million yen%

Million yen%

Million yen%

Yen

310,000-2.4

17,0008.1

17,0007.7

10,7000.3

213.91*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.)(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: Yes: None: None

(3) Shares outstanding (common stock)① Number of shares outstanding at the end of period (treasury stock included)
As of February 2022
54,169,633 shares
As of February 2021
54,169,633 shares② Treasury stock at the end of period:
As of February 2022
4,148,409 shares
As of February 2021
4,167,473 shares③ Average number of stock during period
Year ended February 2022
50,010,395 sharesYear ended February 2021
49,984,105 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)Previous Fiscal Year
(February 28, 2021)

Current Fiscal Year(February 28, 2022)

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, net
Land
Other, net
Total tangible fixed assets
Intangible fixed assets
Goodwill
Other
Total intangible fixed assets
Investments and other assets
Investment securities
Deferred tax assets
Other
Allowance for doubtful accounts
Total investment and other assets
Total fixed assets
Total assets-3-

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

68,28240,708
4,220
2,074
5,861
-134
121,013

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

1,629
3,589
466
1,394
7,080

3,938
1,579
5,518

3,360
2,293
5,653

3,960
4,840
2,766
-11
11,55726,556
136,565

3,720
2,951
2,470
-30
9,111
21,845
142,859(Million yen)Previous Fiscal Year
(February 28, 2021)
Liabilities
Current liabilities
Notes and accounts payable-trade
Electronically recorded obligations - operating
Short-term borrowings
Accounts 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
Deferred tax liabilities
Provision for directors' retirement benefits
Retirement benefit liability
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-

Current Fiscal Year
(February 28, 2022)

22,170
4,188
299
7,227
1,147
1,325
81

22,070
4,415
247
7,126
2,326
1,363
84

127
130
7,425
44,1236120
6,131
43,892

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

946
84
1,486
416
80
531
3,544
47,437

3,238
13,22680,344-10,123
86,685

3,238
13,23986,559-10,077
92,9581,042-30-349
662
119
814
88,281
136,565

921
961
-263
1,619
86
757
95,421
142,859

Consolidated Statement of Income and Statement of Comprehensive Income(Consolidated Statement of Income)(Million yen)Previous fiscal year
(March 1, 2020 February 28, 2021)
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
Other
Total non-operating income
Non-operating expenses
Interest expenses
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sale of fixed assets
Gain on sales of investment security
Subsidies for employment adjustment
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 (loss) attributable to non-controllinginterests
Net income attributable to owners of parent-5-

Current fiscal year
(March 1, 2021 February 28, 2022)
300,085
262,910
37,17521,945
15,230317,657
278,158
39,49823,764
15,733

20
6879
265
432

32
73
85
257
448

38
356
395
15,26829362
392
15,789

33
435
469

1,223
199
1,422

1,659
482
1,253
1,690
5,086
10,651
2,383-3,302-919
11,570
-110

441
172
242
856
16,355
3,787
2,003
5,790
10,565-99

11,680

10,665

(Consolidated Statement of Comprehensive Income)

11,570(Million yen)
Current fiscal year
(March 1, 2021 February 28, 2022)
10,565

556
-46
248
759
12,329

-121
996
88
963
11,52912,429

11,622-99-92Previous fiscal year
(March 1, 2020 February 28, 2021)
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-Consolidated Statement of Cash Flows(Million yen)
Current fiscal year
(March 1, 2021 February 28, 2022)

Previous fiscal year
(March 1, 2020 February 28, 2021)
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
Loss (gain) on sale of fixed assets
Equity in loss (gain) of affiliates
Loss (gain) on sale of investment securities
Loss (gain) on transfer of business
Loss (gain) on sale of investment securitiesDecrease (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
Purchase of investment securities
Proceeds from sales and redemption of investment securities
Purchase of shares of subsidiaries accompanying changes in the scopeof consolidation
Payments for transfer of business
Payments for deposit of consumption of subsidiaries and associates
Proceeds from refund of consumer deposits of subsidiaries and associates
OtherNet cash provided by (used in) investing activities
Cash flow from 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
Other
Cash flow from 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-

10,651
2,427
1,659
801
-5-527
-64
-136
-88
38-0
-79
462
1,253
-27
192
-183
-1,840
877
198
492
-692
-680
361
15,090187-35-4,838
10,403

16,355
2,755
441
722
32
-122
-29-29-106
29-1,225-74
1
0-2,186
-59
-66
-357
-931
502
164
-588
-215
15,013
207-29-2,592
12,598-935
1,294-2,469
39
-82
93

-780
869
-3,478
3,254
-21
69-

-117

-4,502-31,000
31,000-762-7,325

-181
-386

60
-14
-3,397-1,853-74-4,450--118-5,32432-2,214
61,151--47-4,572925
8,564
58,93718

58,93767,520