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 Nine Months Ended March 31, 2022
(Based on Japanese GAAP)
April 27, 2022
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. ManagerScheduled 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

TEL045-222-0555

May 12, 2022
–NoNo
(Amounts less than one million yen are rounded down)

1. Consolidated financial results for the nine months ended March 31, 2022 (from July 1, 2021 to March 31, 2022)(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%
Nine months ended March 31, 2022
15,9373.9
1,2705.0
1,294
7.6
715 (12.9)
Nine months ended March 31, 2021
15,338(2.3)
1,210 (13.5)
1,203 (12.3)
821 (11.0)
Note: Comprehensive income: FY2022 Q3 701 million yen (18.4%) FY2021 Q3 860 million yen (1.6%)
Earnings per share

Diluted earnings per share

Yen
36.21
41.28

Nine months ended March 31, 2022
Nine months ended March 31, 2021

Yen––(2) Consolidated financial position
Total assets

Net assets

Millions of yen
As of March 31, 2022
16,325
As of June 30, 2021
16,251
Note: Equity: FY2022 Q3 13,493 million yen FY2021 13,104 million yen

Equity ratio

Millions of yen
13,493
13,104

%
82.7
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, 2022
Year 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
21,3004.5
1,300(6.2)
1,300(6.9)
750 (18.6)
37.95
Note: Revisions to the forecasts of consolidated financial results: Yes

14. Notes(1) Changes in significant subsidiaries during the nine months ended March 31, 2022
(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 March 31, 2022

22,266,096 shares As of June 30, 2021

22,266,096 shares

Number of treasury shares at the end of the period
As of March 31, 2022

2,478,712 shares As of June 30, 2021

2,546,196 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Nine months ended March 31, 2022

19,753,543 shares Nine months ended March 31, 2021

219,888,412 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
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
LandConstruction in progress

As of March 31, 2022

7,132,053
3,762,447–
1,900,030
1,400
25,404262,547

6,287,513–
3,803,608
1,612,224
828
18,385308,948

13,083,883

12,031,509

115,816
38,57678,224373,916
223,459
3,900

Other, net

41,57383,569Total property, plant and equipment

274,191

684,845

45,747463,157

474,239
476,331508,905

950,570

Investments and other assets
Investment securities
Other
Allowance for doubtful accounts

1,439,790
945,660(766)

1,581,024
1,078,023(794)

Total investments and other assets

2,384,685

2,658,253

Intangible assets
Goodwill
Other
Total intangible assets

Total non-current assets
Total assets

3

3,167,782

4,293,670

16,251,666

16,325,179

(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 March 31, 2022

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

790,168
224,930
187,153
880,398–
687,158

Total current liabilities

3,088,606

2,769,809

Non-current liabilities
Retirement benefit liability
Other

52,671
6,245

50,13512,127

Total non-current liabilities

58,91662,262

3,147,522

2,832,071

Share capital
Capital surplus
Retained earnings
Treasury shares

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

2,270,228
2,486,227
9,880,322(1,198,918)

Total shareholders' equity

13,035,303

13,437,860

68,840–53,255
1,991

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 assetsTotal liabilities and net assets

468,84055,247

13,104,143

13,493,107

16,251,666

16,325,179

Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)
Consolidated statements of income (cumulative)(Thousands of yen)
Nine months ended
March 31, 2021

Nine months ended
March 31, 2022

Net sales
Cost of sales

15,338,721
12,353,101

15,937,038
12,675,213

Gross profit

2,985,620

3,261,825

221,437
491,108
82,838
123,422
158,347
90,239109,82242,981
105,955

209,257
539,740
93,475
138,449
175,827
100,304
106,092
41,170118,528

93,911
13,724
241,474

122,459
66,790279,108

1,775,263

1,991,203

1,210,356

1,270,621

Non-operating income
Interest income
Dividend income
Rental income from buildings
Subsidy income
Other

10,815
3,414
–
702
3,153

8,523
9,729
10,322
1,003
9,077

Total non-operating income

18,08638,655Non-operating expenses
Interest expenses
Commission for purchase of treasury shares

732
1,992

1,441
–

Amortization of long-term prepaid expenses
Other

15,293
7,160

10,6272,219

Total non-operating expenses

25,17914,2881,203,263

1,294,988

293
6,724

17,228–

7,017

17,228––180,204
23,504–

203,709

Selling, 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
Research and development expenses
Amortization of goodwill
Other
Total selling, general and administrative expenses
Operating profit

Ordinary profit
Extraordinary income
Gain on sale of investment securities
Gain on liquidation of investment securities
Total extraordinary income
Extraordinary losses
Office relocation expenses
Loss on sale of non-current assets
Total extraordinary losses
Profit before income taxes

1,210,280

1,108,508

Income taxes

389,080

393,257

Profit821,200

715,250

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

5

171

–

821,029715,250

Consolidated statements of comprehensive income (cumulative)(Thousands of yen)
Nine months ended
March 31, 2021
ProfitOther comprehensive income
Valuation difference on available-for-sale securitiesForeign currency translation adjustment
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controllinginterests

6

Nine months ended
March 31, 2022

821,200

715,250

39,061–(15,584)
1,991

39,061(13,592)

860,262

701,657

860,090

701,657171–