Consolidated Financial Results for the Six Months Ended September 30, 2022
(Under Japanese GAAP)

October 31, 2022

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:
November 4, 2022
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 Six Months Ended September 30, 2022 (April 1, 2022 to September 30, 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
Six months ended

Million yen

September 30, 2022
September 30, 2021

6,016
6,216%

Million yen

(3.2)
13.2%

(93)
(137)

(Note) Comprehensive income:Million yen––%

(111)
(142)

Million yen––(140)
(149)

%––

For the six months ended September 30, 2022: (151 million yen) [–%]For the six months ended September 30, 2021: (147 million yen) [–%]

Basic earnings
per share
Six months ended

Diluted earnings
per share
Yen

September 30, 2022
September 30, 2021

Yen(10.22)(11.45)––(Note) In the previous year under review, provisional accounting treatment related to business combinations was finalized. Accordingly, the figures forthe previous 2nd quarter reflect the finalization of the provisional accounting treatment.

(2) Consolidated Financial Position
Total assets
As ofSeptember 30, 2022
March 31, 2022
(Reference) Equity capital:

Net assets

Equity ratio

Net assets per share

Million yen

Million yen%

Yen

7,921
8,319

4,689
4,395

58.9
52.6

321.56330.77

As of September 30, 2022: 4,663 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–0.00–0.00

Yen

Fiscal year ending

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

Year-end

TotalYenYen–

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

Basic earnings
per share

Million yen%

Million yen%

Million yen%

Million yen%

Yen14,0004.8460261.4

440387.6

220–

15.59(Note) Revisions to the forecast of cash dividends most recently announced:

None

* 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 September 30, 2022
14,668,527 shares
As of March 31, 2022
13,386,721 shares
2) Number of treasury stock at the end of the period
As of September 30, 2022
166,656 shares
As of March 31, 2022
152,503 shares
3) Average number of shares during the period
Six months ended September 30, 2022
13,721,395 shares
Six months ended September 30, 2021 13,046,180 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.