Translation
Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any
discrepancy between this translated document and the original Japanese document, the latter shall prevail.

Summary of Consolidated Financial Results
for the Three Months Ended September 30, 2021
(Based on Japanese GAAP)
October 28, 2021
Company name:Computer Institute of Japan, Ltd.
Stock exchange listing: Tokyo
Stock code:4826
URL https://www.cij.co.jp/
Representative:
President and Chief Executive Officer
Executive Officer Management Planning
Inquiries:
Dept. Manager
Scheduled date to file Quarterly Securities Report:
Scheduled date to commence dividend payments:
Preparation of supplementary material on quarterly financial results:
Holding of quarterly financial results meeting:Akihiko Sakamoto
Takashi Morita

TEL045-324-0111

November 12, 2021
–NoNo
(Amounts less than one million yen are rounded down)

1. Consolidated financial results for the three months ended September 30, 2021 (from July 1, 2021 to September 30, 2021)(1) Consolidated operating results (cumulative)
Percentages indicate year-on-year changes
Profit attributable toNet sales
Operating profit
Ordinary profit
owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%Three months ended September 30, 2021
5,096
7.1
288
21.1
298
27.6
207
29.9
Three months ended September 30, 2020
4,759(1.1)
238 (19.2)
233 (22.4)
160 (21.1)
Note: Comprehensive income: FY2022 Q1
216million yen 31.9%
FY2021 Q1 163million yen (22.4%)
Earnings per share

Diluted earnings per share

Yen
12.65
9.58

Three months ended September 30, 2021
Three months ended September 30, 2020

Yen––(2) Consolidated financial position
Total assets
As of September 30, 2021
As of June 30, 2021
Note: Equity: FY2022 Q1 12,942 million yen

Net assets

Millions of yen
15,877
16,251
FY2021Equity ratio

Millions of yen
12,942
13,104
13,104 million yen

%
81.5
80.6

2. Cash dividends
Annual dividends per share
1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––Yen–

Yen–

Yen
23.00

Yen
23.00

––

24.00

24.00

Year ended June 30, 2021
Year ending June 30, 2022Year ending June 30, 2022 (Forecast)
Note: Revisions to the forecasts of dividends: NoTotal

3. Forecast of consolidated financial results for the year ending June 30, 2022 (from July 1, 2021 to June 30, 2022)
Percentages indicate year-on-year changes
Profit attributable toEarnings per share
Net sales
Operating profit
Ordinary profit
owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%Yen
Full year
21,0003.0
1,200 (13.5)
1,200 (14.1)
820 (11.0)
49.69
Note: Revisions to the forecasts of consolidated financial results: No1

4. Notes(1) Changes in significant subsidiaries during the three months ended September 30, 2021
(changes in specified subsidiaries resulting in the change in scope of consolidation):(2) Application of special accounting methods for preparing quarterly consolidated financial statements:NoYes(3) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements
Changes in accounting policies due to revisions to accounting standards and other regulations:
Yes
NoChanges in accounting policies due to other reasons:
Changes in accounting estimates:
No
Restatement of prior period financial statements:
No(4) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of September 30, 2021

18,555,080 shares As of June 30, 2021

18,555,080 shares

Number of treasury shares at the end of the period
As of September 30, 2021

2,128,377 shares As of June 30, 2021

2,121,830 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Three months ended September 30,
2021

16,429,914 shares

2

Three months ended September 30,
2020

16,708,492 shares

Quarterly consolidated financial statements
Consolidated balance sheets(Thousands of yen)
As of June 30, 2021
AssetsCurrent assets
Cash and deposits
Accounts receivable - trade
Notes and accounts receivable - trade, and contract assets
Securities
Merchandise and finished goods
Work in process
Other
Allowance for doubtful accounts

As of September 30, 2021

7,132,053
3,762,447–
1,900,030
1,400
25,404
262,547–

6,997,508–
3,315,247
810,970
1,539
39,810310,062(38)

13,083,883

11,475,099

Non-current assets
Property, plant and equipment
Buildings and structures, net
Land115,816
38,576

136,309
262,035

Construction in progress
Other, net

78,224
41,573

168,835
42,302

Total property, plant and equipment

274,191

609,483

45,747463,157

518,766
474,776

508,905

993,543

Investments and other assets
Investment securities
Other
Allowance for doubtful accounts

1,439,790
945,660(766)

1,720,522
1,079,424(756)

Total investments and other assets

2,384,685

2,799,190

3,167,782

4,402,217

16,251,666

15,877,316

Total current assets

Intangible assets
Goodwill
Other
Total intangible assets

Total non-current assets
Total assets3

(Thousands of yen)
As of June 30, 2021
Liabilities
Current liabilities
Accounts payable - trade
Short-term borrowings
Income taxes payable
Provision for bonuses
Provision for loss on order received
Other

As of September 30, 2021

707,913560,000
271,643
433,419424
1,115,205

683,714350,010
143,269
897,020–795,350

Total current liabilities

3,088,606

2,869,365

Non-current liabilities
Retirement benefit liability
Other

52,671
6,245

48,634
17,120Total non-current liabilities

58,91665,755

3,147,522

2,935,120

Share capital
Capital surplus
Retained earnings
Treasury shares

2,270,228
2,463,693
9,543,037(1,241,655)

2,270,228
2,463,693
9,372,978(1,241,672)

Total shareholders' equity

13,035,303

12,865,227

68,840–79,898(2,929)Total liabilities
Net assets
Shareholders' equity

Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Total accumulated other comprehensive income
Total net assets
Total liabilities and net assets

468,840

76,968

13,104,143

12,942,196

16,251,666

15,877,316

Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)
Consolidated statements of income (cumulative)(Thousands of yen)Three months ended
September 30, 2020Three months ended
September 30, 2021

Net sales
Cost of sales

4,759,108
3,920,721

5,096,066
4,164,354

Gross profit

838,386

931,712Selling, general and administrative expenses
Remuneration for directors (and other officers)
Salaries and allowances
Provision for bonuses
Welfare expenses
Rent expenses
Depreciation
Commission expenses
Offering expenses
Taxes and dues

77,222
164,073
46,80838,29651,32829,49542,234
11,31434,51373,550165,806
44,76442,231
54,33632,73045,501
4,396
38,952

Research and development expenses
Amortization of goodwill
Other

21,008
4,574
79,15226,01922,26392,449Total selling, general and administrative expenses

600,024

643,004

238,362

288,707

3,542
1,1861,142

2,989
1,815
10,6685,871

15,473

258
5,094
5,210

785
3,650
1,508

Operating profit
Non-operating income
Interest income
Dividend income
OtherTotal non-operating income
Non-operating expenses
Interest expenses
Amortization of long-term prepaid expenses
Other
Total non-operating expenses

10,563

5,944

233,670

298,237–
6,724

17,228–

6,724

17,228

Profit before income taxes

240,394

315,465

Income taxes

80,303

107,559

Profit160,091

207,906

Ordinary profit
Extraordinary income
Gain on sale of investment securities
Gain on liquidation of investment securities
Total extraordinary income

Profit attributable to non-controlling interests
Profit attributable to owners of parent

533–

160,057

207,906

Consolidated statements of comprehensive income (cumulative)(Thousands of yen)Three months ended
September 30, 2020
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controllinginterests6Three months ended
September 30, 2021

160,091

207,906

3,637–

11,058(2,929)

3,637

8,128

163,728

216,035

163,694

216,03533–