Summary of Business Results for the Fiscal Year Ended March 31, 2022
[Japan GAAP] (Consolidated)
May 13, 2022
CompanyEstore Corporation
Stock Code4304
URL: https://Estore.co.jp/
Representative
Yoichi Yanagida, Representative Director
Contact
Kohei Yasuda, Public and Investor Relations Dept.
Expected date of annual shareholders’ meeting: June 29, 2022
Expected date of filing of annual securities report: June 30, 2022
Preparation of supplementary financial document: Yes
Results briefing: Yes

Listed on the TSE
T E L: +81-3-3595-1106
Expected starting date of dividend payment: June 30, 2022

（Rounded down to million yen）

1. Consolidated business results for the fiscal year ended March 2022
(April 1, 2021 through March 31, 2022)(1) Consolidated results of operations(% change from the previous corresponding period)

Net salesYear ended Mar. 2022
Year ended Mar. 2021

Million yen
5,746
10,504

Operating income%
116.5

Million yen
1,051906

Ordinary income%
16.0
89.7

Million yen
1,078
1,073

%
0.4
104.0

Net income attributable toowners of parent

Million yen
677
482%
40.3
31.3

(Note) Comprehensive income:Year ended March 2022: 702 million yen (43.0%)
Year ended March 2021: 490 million yen (34.1%)

Net income
per share
Year ended Mar. 2022
Year ended Mar. 2021

Yen
134.68100.34

Diluted net income
per shareYen
121.9384.05

Return onequity

Ratio of ordinary
income to total assets

Ratio of operating
income to net sales

%
12.8
13.4%
18.3
8.6%
27.0
23.6

(Reference) Investment earnings/loss on equity-method:Year ended March 2022: 19 million yen
Year ended March 2021: 27 million yen(2) Consolidated financial position
Total assetsAs of Mar. 2022
As of Mar. 2021

Million yen
8,211
8,604

Net assets
Million yen
2,789
2,343

Shareholders’ equity
ratio%
32.6
27.2

Net assets
per shareYen
554.73467.68(Reference) Shareholders’ equity:
As of March 2022: 2,678 million yen
As of March 2021: 2,343 million yen(3) Results of cash flows

Year ended Mar. 2022
Year ended Mar. 2021

Cash flows fromoperating activities
Million yen
415
1,661

Cash flows frominvesting activities
Million yen-269-198- 1 -Cash flows fromfinancing activities
Million yen-464
14

Cash and cash equivalents
at the end of period
Million yen
4,448
4,766

１. Dividends
Annual dividendYear ended Mar. 2021
Year ended Mar. 2022
Year ending Mar. 2023
(Forecast)Total
dividend(Total)

End of
1Q
Yen-

End of
2Q
Yen
0.00
0.00

End of
3Q
Yen-Year-end

Total

Yen
32.00
40.00

Yen
32.00
40.00

-0.00

-

50.00

50.00

Dividend
payout ratio

Rate of total
dividend tonet assets

%
31.9
29.7%
7.8
7.8

Million yen
160
201

31.4

3．Forecast of consolidated business results for the year ending March 2023
(April 1, 2022 through March 31, 2023)(% change from the previous corresponding period)
Net salesYear ending Mar. 2023

Operating income

Net income attributable toowners of parent

Ordinary income

Million yen%

Million yen%

Million yen%

Million yen%

6,600

14.8

1,250

18.9

1,270

17.8

800

18.1

* Notes(1) Applications of accounting procedures specific to preparation of the quarterly financial statements: None
(2) 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(3) Shares outstanding (common stock)① Number of shares outstanding at the end of period (treasury stock included)
As of March 2022
5,636,636 shares
As of March 2021
5,398,967 shares② Treasury stock at the end of period:
As of March 2022
607,802 shares
As of March 2021
387,703 shares③ Average number of stock during period
Year ended March 2022
5,028,164 sharesYear ended March 2021
4,811,432 shares- 2 -: Yes: None: None: None(Reference) Summary of non-consolidated business results
1. Non-consolidated business results for the fiscal year ended March 2022
(April 1, 2021 through March 31, 2022)(1) Non-consolidated results of operations

Year ended Mar. 2022
Year ended Mar. 2021

Net sales
Million yen
2,827
5,564

%
15.2

Net income
per share
Yen
51.70
94.98

Year ended Mar. 2022
Year ended Mar. 2021(% change from the previous corresponding period)
Operating income
Ordinary income
Net income
Million yen% Million yen%
Million yen%
413
418
259
-43.5
-53.7
-43.1
731
73.4
903
109.7
456
56.7
Diluted net income pershareYen
46.81
79.56

(2) Non-consolidated financial position
Total assets
As of Mar. 2022
As of Mar. 2021

Million yen
6,122
6,961

Net assets
Million yen
1,974
2,076

Shareholders’ equityratio

Net assets per
share%
32.2
29.8

Yen
392.55414.27(Reference) Shareholders’ equity:
As of March 2022: 1,974 million yen
As of March 2021: 2,076 million yen*Financial summary is not subject to auditing procedures 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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