Consolidated Financial Results for the Nine Months Ended December 31, 2022
(Under Japanese GAAP)

January 31, 2023

Company name:
SMN Corporation
Stock exchange listing: TokyoSecurities code:6185
URL: https://www.so-netmedia.jp/en/
Representative:
Daisuke Imiya, President and Representative Director
Person to contact: Katsuya Suzuki, Corporate Officer
TEL: +81-3-5435-7930
Scheduled date of filing of quarterly securities report:
February 3, 2023
Scheduled date of dividend payments:–Preparation of supplementary material on quarterly financial results: Yes
Holding of quarterly financial results briefing:
None(Amounts less than one million yen are rounded down)

1. Consolidated Financial Results for the Nine Months Ended December 31, 2022 (April 1, 2022 to December 31, 2022)(Percentages indicate the change of the same period of the previous year.)(1) Consolidated Operating Results
Profit attributable toNet sales
Operating profit
Ordinary profit
owners of parent
Nine months ended

Million yen

December 31, 2022
December 31, 2021

8,741
9,455%

Million yen

(7.5)
10.4%

(191)
(80)

(Note) Comprehensive income:Million yen––%(216)(86)

Million yen––(244)
(158)

%

––

For the nine months ended December 31, 2022: (248 million yen) [–%]For the nine months ended December 31, 2021: (153 million yen) [–%]

Basic earnings
per share
Nine months ended

Diluted earnings
per share
Yen

December 31, 2022
December 31, 2021

Yen

(17.51)(12.13)––(Note) In the previous year under review, provisional accounting treatment related to business combinations was finalized. Accordingly, the figures forthe previous 3rd quarter reflect the finalization of the provisional accounting treatment.

(2) Consolidated Financial Position
Total assets
As ofDecember 31, 2022
March 31, 2022
(Reference) Equity capital:

Net assets

Equity ratio

Net assets per share

Million yen

Million yen%

Yen

7,732
8,319

4,593
4,395

59.1
52.6

314.78330.77

As of December 31, 2022: 4,566 million yen

As of March 31, 2022: 4,377 million yen

2. Dividends
Annual dividends per share
1stquarter-end

2ndquarter-end

Yen
Fiscal year ended

March 31, 2022

Fiscal year ending

March 31, 2023

3rdquarter-end

Yen

Year-end

Yen–0.00

––

0.00

–

Fiscal year ending

March 31, 2023 (Forecast)(Note) Revisions to the forecast for dividends most recently announced:TotalYen

Yen

0.00

0.00

0.00

0.00

None

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2023 (April 1, 2022 to March 31, 2023)(Percentages indicate the change of the same period of the previous year.)Net sales
Full year

Operating profit

Profit attributable toowners of parent

Ordinary profit

Million yen%

Million yen%

Million yen

11,700(12.4)

10(92.1)(26)(Note) Revisions to the forecast of cash dividends most recently announced:

Yes%

–

Million yen

(136)

%

–

Basic earnings
per shareYen(9.64)

* Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in the change in scope ofconsolidation): None
(2) Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: None
(3) Changes in accounting policies, changes in accounting estimates and restatements
1) Changes in accounting policies due to revisions of accounting standards:
Yes2) Changes in accounting policies other than 1) above:None3) Changes in accounting estimates:
None4) Restatements:
None(4) Number of issued shares(common shares)
1) Total number of issued shares at the end of the period (including treasury shares)
As of December 31, 2022
14,673,727 shares
As of March 31, 2022
13,386,721 shares
2) Number of treasury stock at the end of the period
As of December 31, 2022
166,656 shares
As of March 31, 2022
152,503 shares
3) Average number of shares during the period
Nine months ended December 31, 2022 13,983,540 shares
Nine months ended December 31, 2021 13,070,875 shares* Financial results reports are exempt from audit conducted by certified public accountants or an audit corporation.
* Proper use of forecasts of financial results and other special matters(Notes on forward-looking statements)
The forward-looking statements such as the forecasts of financial results stated in this document are based on the information
currently available to the company and certain assumptions that the company judges as rational. These statements are not guarantees
of future performance. Actual results may differ materially from the forecast depending on a range of factors.