FYE Sep-2021

Kessan Tanshin〔J-GAAP〕（Consolidated）
12 Nov 2021

Company name
CodeRepresentative

Internetworking and Broadband Consulting Co., Ltd.
3920
ＵＲＬ https://www.ibc21.co.jp/（Title）
CEO and President（Name）Kato, Hiroyuki
Director, Corporate
Contact（Title）（Name）Shimane, Naoto
Service Div.
Scheduled general
Scheduled dividend
16 Dec 2021
shareholders’ meeting
payment date
Scheduled submission date16 Dec 2021
of Yuka Shoken Hokokusyo
Supplementary materials ：Japanese only
Explanatory meeting：Japanese only

Listed TSE

ＴＥＬ03-5117-2780－（Fraction less than JPY mil）
１．FYE Sep-2021 Consolidated Financial Results（1 Oct 2020 ～ 30 Sep 2021）（１）Consolidated statement of income
Sales

Operating Income（YoY ％）
Profit (loss) attributableto owners of parent

Ordinary Income

JPY mil％

JPY mil％

JPY mil％

JPY mil％FYE Sep-2021

2,013

3.4

280

41.3

273

57.2

197

－

FYE Sep-2020

1,946

6.2

198

(18.7)

174(22.0)(45)－Comprehensiveincome

FYE Sep-2021

210

JPY mil（－％）

JPY milEPS（－％）

FYE Sep-2020

EPS (diluted)（47）

Ordinary income / Operating income
Total assets
marginROEJPY

JPY％％％FYE Sep-2021

35.66

35.35

12.0

8.7

13.9

FYE Sep-2020（8.30）－（2.9）

6.1

10.2（Ref.）Share of profit (loss) ofentities accounted for using
equity method

FYE Sep-2021(12)

JPY milFYE Sep-2020(27)

JPY mil（２）Consolidated balance sheet
Total Assets

Net Assets

Capital-to-asset ratio

BPS

JPY mil

JPY mil％JPY

FYE Sep-2021

3,260

1,751

53.7

316.81FYE Sep-2020

3,045

1,539

50.5

278.71（Ref.）Net assets

FYE Sep-2021

1,751

JPY milFYE Sep-2020

1,538JPY mil（３）Consolidated cash flow
Cash flows from operating
activities

Cash flows from investing
activities

Cash flows from financing
activities

Cash and cash equivalents
at end of period

FYE Sep-2021

JPY mil
446

JPY mil(319)

JPY mil(50)

JPY mil
1,305

FYE Sep-2020

84(142)

361

1,229

Dividend(Total)

Payout ratio
DOE（Consol.） （Consol.）

２．Dividend
Dividend
1Q

2Q

3Q

4Q

Total

FYE Sep-2020
FYE Sep-2021

JPY－－

JPY
0.00
0.00

JPY－－

JPY
0.00
0.00

JPY
0.00
0.00

FYE Sep-2022（Est.）－0.00－

4.00

4.00

－

1－

JPY mil－－％－－
13.4％
－－

３．Consolidated financial forecast（1 Oct 2021～30 Sep 2022）（YoY ％）
Sales※

Operating Income

Ordinary Income

Profit (loss)
attributable to ownersof parent

JPY mil％

JPY mil％

JPY mil％

JPY mil

1sthalf

945

(5.7)

112(11.3)

112(7.8)74

FYE Sep-2022

2,100

4.3

250(11.0)

250(8.7)

165

EPS％

JPY(10.1)

13.39(16.3)

29.85

Notes
（１）Transfer of material subsidiaries（subsidiaries resulting in change in scope of consolidation）：
Include － （Name）－、Exclude － （Name）－（２）Changes in Accounting policies, estimation and restatement① Accounting policy changes in accordance with revision of Accounting Standard：None② Accounting policy changes excluding ① ：None③ Accounting estimate changes：None④ Restatement：None（３）Number of outstanding shares（Ordinary share）① Outstanding number of shares at
FYE Sep-2021
FYE（Incl. treasury shares）② Number of treasury shares at FYEFYE Sep-2021③ Average number of sharesFYE Sep-2021

5,721,600

FYE Sep-2020

5,715,600

194,159
5,525,885FYE Sep-2020
FYE Sep-2020

194,159
5,519,791（Ref.）Summary of parent financial results
１．Parent financial results at FYE Sep-2021（1 Oct 2020～30 Sep 2021）（１）Parent statement of income
Sales

FYE Sep-2021
FYE Sep-2020

JPY mil
1,886
1,829％
3.1
5.4

EPS

Operating Income

Ordinary Income

Net profit (loss)

JPY mil
274339

JPY mil
279344

JPY mil
141
(146)

％
(19.1)
7.4％(18.6)
7.4％－－

EPS (Diluted)
JPY
25.53
(26.51)FYE Sep-2021
FYE Sep-2020（YoY ％）

JPY
25.31－（２）Parent balance sheet
Total Assets

FYE Sep-2021
FYE Sep-2020（Ref.）Net assets※※Net Assets

JPY mil
3,194
3,020

FYE Sep-2021

Capital-to-asset ratio

JPY mil
1,738
1,582

1,738

JPY mil

BPS％
54.4
52.4

FYE Sep-2020

JPY
314.46286.49

1,581

JPY milThis Tanshin is out of scope of audit by Auditors（Disclaimer）
The description regarding estimation or forecast in the future in this material is based on ourinformation and assumptions that we have understood reasonably, we never commit, pledge or promise anachievement of the description. Actual achievement will suffer from various factors.

－2－

３．Consolidated financial statement（１）Consolidated balance sheet（Unit：JPY thousand）
Previous FYE(30 Sep 2020)
AssetsCurrent assets
Cash and deposits
Accounts receivable – trade
Inventories
Prepaid expenses
Income taxes receivable
Other
Current assets
Non-current assets
Property, plant and equipment
Buildings, netTools, furniture and fixtures, net
Vehicles, net
Property, plant and equipment
Intangible assets
GoodwillSoftware
Intangible assets
Investments and other assets
Investment securities
Long-term loan receivable fromsubsidiaries and associates
Deferred tax assets
Long-term loan receivable
Other
Allowance for doubtful accounts
Investments and other assets
Non-current assets
Assets－3－

Latest FYE(30 Sep 2021)

1,229,058
1,232,179
18,84433,18337,031
12,2912,562,589

1,305,110
1,097,900
16,37942,975－23,4682,485,834

35,71911,125046,84531,0308,732
039,76376,281
48,077
124,358

56,38233,78590,167

131,690

388,398

3,000

3,000

16,941
24,447
162,634(27,447)
311,265
482,470
3,045,059

24,05121,391
231,839(24,391)644,289774,2193,260,054

（Unit：JPY thousand）
Previous FYE(30 Sep 2020)
Liabilities
Current liabilities
Accounts payable – tradeShort-term loan payable
Current portion of long-term loans
payableAccounts payable – other Accrued expenses
Income taxes payable
Accrued consumption taxes
OtherCurrent liabilities
Non-current liabilities
Long-term loans payable
Provision for loss on business of
subsidiaries and associates
Non-current liabilities
Liabilities
Net Assets
Shareholders’ equity
Capital stock
Capital surplusRetained earnings
Treasury shares
Shareholders’ equity
Accumulated other comprehensive income
Valuation difference on available-forsale securities
Accumulated other comprehensive income
Subscription rights to shares
Net Assets
Liabilities and net assets－4－

Latest FYE(30 Sep 2021)

160,286
650,000

122,869
720,000

122,396

122,396

32,45934,126
3,794
55,83144,068
1,102,962

53,65139,296108,616
13,27548,5571,228,662

399,306

276,910

3,331

3,331

402,637
1,505,600

280,241
1,508,904

442,030
419,974
901,702(221,114)
1,542,592

442,930
420,874
1,098,750(221,114)
1,741,440(3,719)9,709(3,719)585
1,539,458
3,045,059

9,709－
1,751,150
3,260,054

（２）Consolidated statement of income and comprehensive income（Consolidated statement of income）（Unit：JPY thousand）
Previous FYE(from 1 Oct 2019
to 30 Sep 2020)
Sales
COGS
Gross profit
Selling, general and administrative expenses
Operating Income
Non-operating income
Commission fee
Insurance premiums refunded cancellation
Consumption tax difference
Subsidy
Reversal of allowance for doubtful accounts
Other
Non-operating incomeNon-operating expenses
Interest expenses
Share of loss of entities accounted forusing equity method
Other
Non-operating expenses
Ordinary Income
Extraordinary income
Gain on sales of shares of subsidiaries andassociates
Gain on reversal of subscription rights toshares
Gain on change in equity
Extraordinary income
Extraordinary losses
Loss on valuation of shares of subsidiaries
and associates
Provision for loss on business ofsubsidiaries and associates
Impairment loss
Extraordinary losses
Income (loss) before income taxes
Income taxes - current
Income taxes - deferred
Income taxes
Net income (loss)
Profit (loss) attributable to owners of parent－

5－

Latest FYE(from 1 Oct 2020
to 30 Sep 2021)

1,946,940
631,396
1,315,544
1,116,878
198,665

2,013,300
740,819
1,272,481
991,676
280,804

1,565
1,696
2,291
1,680
－
201
7,434

1,353
1,727
1,093
2,534
3,055
619
10,383

3,663

4,168

27,274

12,911910
31,848174,251

179
17,259273,928

8,051

－

217

585

－
8,268

19,074
19,660

－

8,072

1,364

－

203,799
205,164(22,645)
4,560
18,60023,161(45,806)(45,806)－
8,072
285,516
101,505(13,037)
88,468
197,047
197,047

（Statement of consolidated comprehensive income）（Unit：JPY thousand）
Previous FYE(from 1 Oct 2019
to 30 Sep 2020)
Net income (loss)
Other comprehensive income
Valuation difference on available-for-salesecurities
Other comprehensive income
Comprehensive income（Comprehensive income attributable to）
Comprehensive income attributable to ownersof parent
Comprehensive income attributable to noncontrolling interests－6－

Latest FYE(from 1 Oct 2020
to 30 Sep 2021)(45,806)

197,047(1,456)

13,428(1,456)(47,262)

13,428210,476(47,262)

210,476－－

（３）Consolidated statement of changes in equity
Previous FYE（from1 Oct 2019 to 30 Sep 2020）（Unit：JPYthousand）
Shareholders’ equity
Capital stock

Balance at beginning of current
periodCapital surplus Retained earnings Treasury shares

440,830

418,774

1,200

1,200

947,508(178,061)

Shareholders’equity
1,629,052

Changes of items during period
Issuance of new shares - exerciseof subscription rights to shares
Profit (loss) attributable toowners of parent

2,400(45,806)

Purchase of Treasury shares(45,806)(43,053)(43,053)

Other changes of items duringperiod（net）
Changes of items during period

1,200

1,200(45,806)(43,053)(86,459)

Balance at end of current period

442,030

419,974

901,702(221,114)

1,542,592

Accumulated other comprehensive
incomeSubscription
Valuation
Accumulated otherrights to sharesdifference oncomprehensive
available-forincome
sale securities
Balance at beginning of current
period(2,263)(2,263)802

Net Assets

1,627,591

Changes of items during period
Issuance of new shares - exerciseof subscription rights to shares
Profit (loss) attributable toowners of parent

2,400(45,806)

Purchase of Treasury shares(43,053)

Other changes of items during
period（net）(1,456)(1,456)(217)(1,672)

Changes of items during period(1,456)(1,456)(217)(88,132)

Balance at end of current period(3,719)(3,719)585

1,539,458－

7－

Latest FYE（from1 Oct 2020

to 30 Sep 2021）（Unit：JPYthousand）
Shareholders’ equity

Capital stock
Balance at beginning of current
periodCapital surplus Retained earnings Treasury shares442,030

419,974

900

900

901,702(221,114)

Shareholders’equity
1,542,592

Changes of items during period
Issuance of new shares - exerciseof subscription rights to shares
Profit (loss) attributable toowners of parent

1,800
197,047

197,047

Other changes of items during
period（net）
Changes of items during period
Balance at end of current period

900

900

197,047－

198,847

442,930

420,874

1,098,750(221,114)

1,741,440

Accumulated other comprehensive
incomeSubscription
Valuation
Accumulated otherrights to sharesdifference oncomprehensive
available-forincome
sale securities
Balance at beginning of current
period(3,719)(3,719)585

Net Assets

1,539,458

Changes of items during period
Issuance of new shares - exerciseof subscription rights to shares
Profit (loss) attributable toowners of parent

1,800
197,047

Other changes of items during
period（net）

13,42813,428(585)

12,843

Changes of items during period

13,42813,428(585)

211,691

Balance at end of current period

9,709

9,709

－

1,751,150－

8－

（４）Consolidated statement of cash flows（Unit：JPY thousand）
Previous FYE(from 1 Oct 2019
to 30 Sep 2020)
Cash flows from operating activities
Income (loss) before income taxes
Depreciation
Amortization of goodwill
Impairment loss
Increase (decrease) in allowance for doubtful
accounts
Increase (decrease) in provision for loss onorder received
Increase (decrease) in provision for loss on
business of subsidiaries and associates
Share of (profit) loss of entities accounted forusing equity method
Interest expenses
Loss (gain) on sales of shares of subsidiaries
and associates
Loss on valuation of shares of subsidiaries andassociates
Decrease (increase) in notes and accounts
receivable - trade
Decrease (increase) in inventories
Increase (decrease) in notes and accounts payable- trade
Decrease (increase) in deposits paid
Decrease (increase) in advance payments
Increase (decrease) in advances received
Increase (decrease) in accounts payable - other
Increase (decrease) in accrued consumption taxes
Increase (decrease) in income taxes payable factor based tax
Loss (gain) on change in equity
Other, net
SubtotalInterest income received
Interest expenses paid
Income taxes paid
Income taxes received
Net cash provided by (used in) operating
activities
Cash flows from investing activities
Purchase of property, plant and equipment
Purchase of intangible assets
Purchase of investment securities
Collection of long-term loans receivable
Payments of loans receivable
Purchase of shares of subsidiaries and associates
Proceeds from sales of shares of subsidiaries
resulting in change in scope of consolidation
Purchase of insurance funds
Proceeds from cancellation of insurance funds
Other, net
Net cash provided by (used in) investing
activities－9－

Latest FYE(from 1 Oct 2020
to 30 Sep 2021)(22,645)
51,19730,625
203,799285,516
48,87919,899－24,447(3,055)(2,539)

－

1,364

－

27,274

12,911

3,663

4,168

(8,051)

－

－

8,072

(247,786)

134,279

266

563

64,634(37,416)－(9,065)
21,972
22,11437,563(21,982)
8,682
4,297
21,191(42,555)(5,224)

6,026－(6,395)
187,21561(3,779)(103,033)
4,126(19,074)(14,344)416,058239(4,173)(2,710)37,031

84,591

446,445(215)(94,794)－－(24,447)－(826)(24,778)(231,189)
3,055－(8,072)

0－(27,513)
4,634－(63,107)5,135
44(142,337)(319,737)

（Unit：JPY thousand）
Previous FYE(from 1 Oct 2019
to 30 Sep 2020)
Cash flows from financing activities
Proceeds from short-term loans payable
Proceeds from long-term loans payable
Repayments of long-term loans payable
Proceeds from issuance of common shares
Purchase of treasury shares
Other, net
Net cash provided by (used in) financing
activities
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period－10－Latest FYE(from 1 Oct 2020
to 30 Sep 2021)－
500,000(97,398)
2,400(43,182)(60)

70,000－(122,396)
1,800
－
(60)

361,759(50,656)

304,013925,045
1,229,058

76,052
1,229,058
1,305,110