Summary of Business Results for the First Quarter Ended December 31, 2020
[Japan GAAP] (Consolidated)

February 10, 2021
Company
CANDEAL Co., Ltd.
Listed on the TSE
Stock Code1446
URL https://www.candeal.co.jp/
Representative
Akio Hayashi, President and Executive Director
Contact
Izumi Fujiwara, Director, General Manager of Administration Dept. T E L: +81-3-6862-1701
Expected date of filing of quarterly report: February 10, 2021
Expected starting date of dividend payment: Preparation of quarterly supplementary financial document: Yes
Quarterly results briefing: None（Rounded down to million yen）

１. Consolidated business results for the three months ended December 2020
(October 1, 2020 through December 31, 2020)(1) Consolidated results of operations(% change from the previous corresponding period)

Net sales

Operating income

Ordinary income

Million yen%
Million yen%
-8.0
27-51.8
Three months ended Dec. 2020
2,890-5.2
56-54.5
Three months ended Dec. 2019
3,143(Note) Comprehensive income
Three months ended December 2020: -8 million yen (-%)
Three months ended December 2019: -9 million yen (-%)
Net income
Diluted net income perper shareshareYen
Yen-0.81
Three months ended Dec. 2020
-0.87
Three months ended Dec. 2019
(Note) Diluted net income per share is not presented because there are no dilutive shares.

(2) Consolidated financial position
Total assets

Net assets

Million yen
8,206
8,402

As of Dec. 2020
As of Sept. 2020

Million yen
3,356
3,396

Million yen
2427%
-10.4
-77.5

Net income attributable toowners of parent

Million yen-8-8%-Shareholders’ equity
ratio%
40.940.4(Reference) Shareholders’ equity
As of December 2020: 3,356 million yen
As of September 2020: 3,396 million yen

2. Dividends
End of 1Q
Year ended Sept. 2020
Year ending Sept. 2021
Year ending Sept. 2021 (forecast)

Yen
3.00

Annual dividend
End of 3Q
Yen-

3.00

-

End of 2Q

Yen-

Year-end

Yen
3.00
3.00

Total

Yen
6.00
6.00

(Note) Revisions to dividend forecast for the current quarter: None

3．Forecast of consolidated business results for the fiscal year ending September 2021
(October 1, 2020 through September 30, 2021)
Net sales
Million yen
Year ending Sept. 2021

12,804(% change from the previous corresponding period)

Operating income%
4.4

Million yen
369%-12.4(Note) Revisions to business forecast for the current quarter: None－ 1 －Ordinary income
Million yen
366%
-14.7

Net income attributable toowners of parent

Million yen
151%
-21.0

Net income
per shareYen

14.13

*Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes
in the scope of consolidation): None
(2) Application of accounting procedures specific to preparation of the quarterly financial statements: None
(3) Changes in accounting policies, accounting estimates and restatement①Changes in accounting policies associated with revision of accounting standards:②Changes in accounting policies other than ①③Changes in accounting estimates④Restatement: None: None: None: None

(4) Shares outstanding (common stock)①Number of shares outstanding at the end of period (treasury stock included)
As of December 2020
10,722,200 shares
As of September 2020
10,720,200 shares②Treasury stock at the end of period
As of December 2020
- shares
As of September 2020
- shares③Average number of stock during period (quarterly cumulative period)
Three months ended December 2020
10,721,591 shares
Three months ended December 2019
10,341,321 shares*Quarterly financial summary is not subject to auditing procedure by certified public accountants or auditing firms.
*Explanation regarding appropriate use of business forecasts and other special instructions
Forecasts regarding future performance in this material are based on information currently available to the Company
and certain assumptions that the Company deems to be reasonable at the time this report was prepared. The Company
does not make promises about the achievements. Actual results may differ significantly from the forecasts due tovarious factors.

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