Consolidated Financial Results for the Fiscal Year Ended March 31, 2023
(Under Japanese GAAP)
April 28, 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 annual meeting of shareholders:June 22, 2023
Scheduled date of dividend payments:–Scheduled date of filing of annual securities report:
June 23, 2023
Preparation of supplementary material on financial results: Yes
Holding of financial results briefing:
None(Amounts less than one million yen are rounded down)

1. Consolidated Financial Results for the Fiscal Year Ended March 31, 2023 (April 1, 2022 to March 31, 2023)(Percentages indicate year-on-year changes.)(1) Consolidated Operating Results
Profit attributable toNet sales
Operating profit
Ordinary profit
owners of parent
Fiscal year ended

Million yen

March 31, 2023
March 31, 2022%

11,78813,363

Million yen(11.8)
10.3

17127(Note) Comprehensive income:%

Million yen%

Million yen(86.4)(58.1)(14)90–(69.3)

(117)
(228)

%

––

Fiscal year ended March 31, 2023: (114 million yen) [–%]
Fiscal year ended March 31, 2022: (220 million yen) [–%]

Basic earnings
per share
Fiscal year ended

Diluted earnings
per share

Yen

March 31, 2023
March 31, 2022

Yen

(8.30)(17.44)––As ofMarch 31, 2023
March 31, 2022

March 31, 2023
March 31, 2022

%%

(0.2)
1.1

0.1
1.0

Net assets

Equity ratio

Net assets per share

Million yen%

Yen

8,137
8,319

4,727
4,395

57.7
52.6

323.55330.77(3) Consolidated Cash Flows
Cash flows fromoperating activities
Fiscal year ended%

(2.6)
(5.1)

Million yen

As of March 31, 2023: 4,693 million yen(Reference) Equity capital:

Ratio of operating
profit to net sales

Fiscal year ended March 31, 2023: –Fiscal year ended March 31, 2022: –(Reference) Share of profit (loss) of entities accounted for using equity method(2) Consolidated Financial Position
Total assets

Ratio of ordinary
profit to total assets

Return on equity

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

Cash flows frominvesting activities

Cash flows fromfinancing activities

Cash and cash equivalents
at end of period

Million yen

Million yen

Million yen

Million yen

703
946(597)
(726)

204
(1)

2,597
2,277

2. Dividends
Annual dividends per share

Fiscal year ending

March 31, 2024 (Forecast)

Payout ratio(Consolidated)

Ratio ofdividends tonet assets(Consolidated)

1stquarter-end

2ndquarter-end

3rdquarter-end

Year-end

Yen

Yen

Yen

Yen

Yen

Million yen%%––––––

Fiscal year ended

March 31, 2022
March 31, 2023

Totaldividends

Total––

0.00
0.00

–
–

0.00
0.00

0.00
0.00

–

0.00

–

0.00

0.00

–

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2024 (April 1, 2023 to March 31, 2024)(Percentages indicate year-on-year changes.)

Net sales
Full year

Operating profit

Profit attributable toowners of parent

Ordinary profit

Basic earnings
per share

Million yen%

Million yen%

Million yen%

Million yen%

Yen

12,500

6.0

100

479.5

85

–45–

3.10

* Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in the change in scope ofconsolidation): None
New: –Exclusion: –(2) 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(3) Number of issued shares(common stock)1) Total number of issued shares at the end of the period (including treasury shares)
As of March 31, 2023
14,673,727 shares
As of March 31, 2022
2) Number of treasury stock at the end of the period
As of March 31, 2023
166,656 shares
As of March 31, 2022
3) Average number of shares during the period
Fiscal year ended March 31, 2023 14,112,630 sharesFiscal year ended March 31, 2022

13,386,721 shares
152,503 shares
13,109,933 shares(Reference) Summary of Non-Consolidated Financial Results
1. Non-Consolidated Financial Results for the Fiscal Year Ended March 31, 2023 (April 1, 2022 to March 31, 2023)(Percentages indicate year-on-year changes.)(1) Non-Consolidated Operating Results
Net sales
Operating profit
Ordinary profit
ProfitFiscal year ended

March 31, 2023
March 31, 2022

Million yen%

6,595
6,464

2.0(2.1)

Basic earnings per share
Fiscal year ended

March 31, 2023
March 31, 2022

March 31, 2023
March 31, 2022
(Reference) Equity capital:%

238
48394.6(43.1)

2.21
2.12

Million yen

184
360%

Million yen(48.8)
329.9

31
27%

12.4
–Diluted earnings per share

Yen(2) Non-Consolidated Financial Position
Total assets
As ofMillion yen

Yen

2.20
2.03

Net assets

Equity ratioNet assets per share

Million yen

Million yen%

Yen

6,887
6,611

4,544
4,066

66.0
61.5

313.25307.27

As of March 31, 2023: 4,544 million yen

As of March 31, 2022: 4,066 million yen* 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.