Summary of Financial Results for the Second Quarter Ended August 31, 2020
[Japan GAAP] (Consolidated)
October 7, 2020
Company
Stock CodeRepresentative

AEON DELIGHT CO., LTD.
Listed on the TSE1
9787
URL: http://www.aeondelight.co.jp
Kazumasa Hamada, President
Noriaki Ikuta, Managing Executive Officer, Head of Group Strategy,
Contact
T E L: +81-3-6840-5712
Digital Solution Division
Expected date of filing of quarterly report: October 14, 2020
Expected starting date of dividend payment: November 9, 2020
Preparation of quarterly supplementary financial document: Yes
Quarterly results briefing: Yes (for institutional investors and analysts)（Rounded down to million yen）

１. Consolidated business results for the six months ended August 2020
(March 1, 2020 through August 31, 2020)(1) Consolidated results of operations(% change from the previous corresponding period)
Net sales

Operating income

Million yen% Million yen
Six months ended Aug. 2020
149,734-4.9
7,500
Six months ended Aug. 2019
157,4823.2
8,594(Note) Comprehensive income
Six months ended August 2020: 3,815 million yen (-25.6%)
Six months ended August 2019: 5,127 million yen (87.9%)
Net income
per shareYen
78 90
103 78Six months ended Aug. 2020
Six months ended Aug. 2019

%
-12.7
37.0

Net income attributable toowners of parent

Ordinary income
Million yen
7,496
8,655%-13.4
36.3

Million yen
3,943
5,181%-23.9
82.5

Diluted net income pershare
Yen
78 81
103 57(2) Consolidated financial position
Total assets

Net assets

Million yen
As of Aug. 2020
129,398
As of Feb. 2020
136,917(Reference) Shareholders’ equity:
As of August 2020: 80,514 million yen
As of February 2020: 78,886 million yenMillion yen
81,574
81,286

Shareholders’ equity
ratio%
62.2
57.6

2. Dividends
End of 1Q

End of 2Q
Yen-Year ended Feb. 2020
Year ending Feb. 2021
Year ending Feb. 2021 (forecast)(Note) Revisions to dividend forecast for the current quarter: None

Yen
32.00
35.00

Annual dividend
End of 3Q
Yen-

Year-end-Total

Yen
33.00

Yen
65.00

35.00

70.00

3．Forecast of consolidated business results for the year ending February 2021
(March 1, 2020 through February 28, 2021)(% change from the previous corresponding period)
Net sales

Operating income

Million yen% Million yen%
315,000
2.1
16,5003.1(Note) Revisions to business forecast for the current quarter: None

Year ending Feb. 2021-1-Ordinary income
Million yen
16,500%3.4

Net income attributableto owners of parent

Million yen
10,000%
7.0

Net income pershareYen

200.13

※Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes inthe scope of consolidation): None
(2) Application of accounting procedures specific to preparation of the consolidated quarterly financial statements:None(3) 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(4) Shares outstanding (common stock)①Number of shares outstanding at the end of period (treasury stock included)
As of August 2020
54,169,633 shares
As of February 2020
54,169,633 shares②Treasury stock at the end of period
As of August 2020
4,184,918 shares
As of February 2020
4,202,659 shares③Average number of stock during period (quarterly cumulative period)
Six months ended August 2020
49,977,087 shares
Six months ended August 201949,923,615 shares*Quarterly 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 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 to various factors.

-2-Quarterly Consolidated Financial Statements(Quarterly Consolidated Balance Sheets)(Million yen)Previous Fiscal Year
(February 29, 2020)
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, netLandOther, 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 Second Quarter(August 31, 2020)

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

54,17338,831
4,244
2,267
6,106
-221
105,401

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

1,416
4,450
2,032
2,080
9,980

5,975
1,209
7,185

5,516
1,398
6,914

3,623
4,111-36
7,698
24,554
136,917

3,280
3,832
-11
7,101
23,996
129,398

Previous Fiscal Year
(February 29, 2020)
Liabilities
Current liabilities
Notes and accounts payable-trade
Electronically recorded obligations - operating
Short-term borrowings
Current portion of long-term loans payable
Income taxes payable
Provision for bonuses
Accrued directors' and corporate auditors'
remuneration
Allowance for sales discounts
Other
Total current liabilities(Million yen)
Current Second Quarter(August 31, 2020)

23,388
4,814
249
3
2,795
1,333
91

21,5744,573
43132,599
1,799
37

677
15,50948,864220
11,951
43,191

Fixed liabilities
Long-term debt
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

11178
1,930
60
1,576
3,010
6,767
55,631

9
106
1,868
64
375
2,208
4,631
47,823

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

3,238
13,22374,355-10,16580,651

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

487
18-592
-86
186
2,213
81,286
136,917

587
-181
-542
-136
165
895
81,574
129,398-4-

Quarterly Consolidated Statement of Income and Quarterly Statement of Comprehensive Income(Quarterly Consolidated Statement of Income)(For the six months period)(Million yen)Previous Second Quarter(March 1, 2019August 31, 2019)
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 sales of investment security
Subsidies for employment adjustment
Other
Total extraordinary income
Extraordinary loss
Loss on valuation of investment security
Loss on sales of investment security
Impairment loss
Loss due to response to new infections
Loss on transfer of business
Other
Total extraordinary loss
Profit before income taxes
Income taxes
Income taxes-deferred
Total income taxes
Net income
Net income attributable to non-controlling interests
Net income attributable to owners of parent-5-

Current Second Quarter(March 1, 2020August 31, 2020)

157,482
137,719
19,763
11,168
8,594

149,734
131,494
18,23910,738
7,500

21
55
40
57
175

11
43
48
59
162

16
98
114
8,655

19
146
166
7,496

10
1728

32
216
248

37261
272
8,411
2,867
201
3,068
5,342
161
5,181

443
1
13352
1,262
191
2,266
5,479
1,563
49
1,613
3,865-77
3,943

(Quarterly Consolidated Statement of Comprehensive Income)(For the six months period)(Million yen)Previous Second Quarter(March 1, 2019August 31, 2019)
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 Second Quarter(March 1, 2020August 31, 2020)
5,342

3,865-158-98
41-215
5,127101
-203
51-50
3,815

4,966

3,893

161-78

Consolidated Statement of Cash Flows(Million yen)Previous Second Quarter(March 1, 2019August 31, 2019)
Cash flow from operating activities
Profit before income taxes
Depreciation and amortization
Impairment loss
Amortization of goodwill
Increase (decrease) in allowance sales discount
Increase (decrease) in other allowancesInterest and dividend income
Interest expenses
Equity in loss (gain) of affiliates
Loss (gain) on sale of investment securities
Loss (gain) on transfer of business
Decrease (increase) in notes and accounts receivabletrade
Increase (decrease) 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
SubtotalInterest and dividend received
Interest expenses paid
Income taxes paid
Cash flows from operating activities
Cash flow from investing activities
Payments into time depositsProceeds from withdrawal of time deposits
Purchase of property, plant and equipment andintangible fixed assets
Proceeds from sale of tangible and intangible fixedassets
Purchase of investment securities
Proceeds from sales and redemption of short-term andlong-term investment securities
Payments for deposit of consumption of subsidiaries
and associates
Proceeds from refund of consumer deposits ofsubsidiaries and associates
Payments for transfer of business
Other
Cash flow from investing activities
Cash flow from financing activities
Net increase (decrease) in short-term borrowingsRepayment of long-term loans payable
Cash dividends paid
Payments from changes in ownership interests in
subsidiaries that do not result in change in scope ofconsolidation
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
Cash and cash equivalents at end of period-7-

Current Second Quarter(March 1, 2020August 31, 2020)

8,411
1,135
408
-268
733
-76
16-40
3-

5,479
1,171
13406
-254
386
-54
19-48
4431,262-4,641-574

338-1,561
40
411
-198
-642
-280
516
4,305
106
-17
-3,457937-446-2,026-1,321
-619
-269
-243
-417
-337
2,569
128
-17-1,724
956

-180
180

-255
680

-1,214-1,320

0

4

-13

-11

140

62

-122,500-31,000

121,500

31,000374-1,714-4,35930-5,1697-1-1,595189-2-1,648--1,853-94-1,683-85-3,400-9-144-2,46943,43740,967-7,757
61,15153,394

(4) Notes on quarterly consolidated financial statements(Notes on going concern assumption)
Current Second Quarter (March 1, 2020-August 31, 2020)
None(Notes if there is a significant change in the amount of shareholders' equity)
Current Second Quarter (March 1, 2020-August 31, 2020)
During the first quarter of the current fiscal year, capital surplus decreased by 664 million yen due to theadditional acquisition of shares of consolidated subsidiary A to Z Service Co., Ltd. from non-controllinginterests.
As of the end of the second quarter of the current fiscal year, capital surplus amounted to 13,223 million yen.

-8-