Consolidated Financial Results
for the Three Months Ended June 30, 2021
[Japanese GAAP]
August 6, 2021
Listed company: FUKUICOMPUTER HOLDINGS, Inc.
Stock exchange listing: Tokyo Stock Exchange
Code number: 9790
URL: https://www.fukuicompu.co.jp/
Representative: Harukatsu Hayashi, Representative Director and President
Contact: Akira Hashimoto, Director and General Manager of Corporate Management Division
Phone: +81-776-53-9200
Scheduled date of filing quarterly securities report: August 6, 2021
Scheduled date of commencing dividend payments: Availability of supplementary explanatory materials on quarterly financial results: Available
Schedule of quarterly financial results briefing session: None
(Amounts of less than one million yen are rounded down.)
1. Consolidated Financial Results for the Three Months Ended June 30, 2021 (April 1, 2021 - June 30, 2021)(1) Consolidated Operating Results (Cumulative)(% indicates changes from the previous corresponding period.)
Profit attributable to
Net sales
Operating profit
Ordinary profit
owners of parent
Three months ended
Million yen%
Million yen%
Million yen%
Million yen%
June 30, 2021
3,187 14.1
1,302
41.4
1,310
39.9
873
37.7
June 30, 2020
2,794
(8.8)
921
(13.8)
936(13.4)
634(15.5)(Note) Comprehensive income: Three Months Ended June 30, 2021: 867 million yen [24.4%]
Three Months Ended June 30, 2020: 697 million yen [(3.1)%]
Diluted earnings per
Basic earnings per share
share
Three months ended
Yen
Yen
42.25
–
June 30, 2021
June 30, 2020
30.69–
(2) Consolidated Financial Position
Total assets

Net assets

Million yen

Shareholders’ equity ratio

Million yen%

20,711
As of June 30, 2021
15,71821,161
As of March 31, 2021
15,707(Reference) Shareholders’ equity: As of June 30, 2021: 15,718 million yen
As of March 31, 2021: 15,707 million yen

75.9
74.2

2. Dividends
Annual dividends
1st quarter-end
Yen

2nd quarter-end 3rd quarter-end
Yen

Yen

Fiscal year ended–
0.00–
March 31, 2021
Fiscal year ending–
March 31, 2022
Fiscal year ending
March 31, 2022
0.00–
(forecast)(Note) Revision to the forecast for dividends announced most recently: None

Year-end

Total

Yen

Yen

50.00

50.00

50.00

50.00

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2022 (April 1, 2021 – March
31, 2022)(% indicates changes from the previous corresponding period.)
Basic
Profit attributable
Net sales
Operating profit
Ordinary profit
earnings
to owners of parent
per share
Million yen%

Million yen%

Million yen%

2nd quarter
6,280 1.6
2,380 (5.5)
2,400 (5.7)(Cumulative)
Full year
13,190 2.7
5,200
0.2
5,240
0.1
(Note) Revision to the financial results forecast announced most recently: None

Million yen

%

Yen

1,580

(6.9)

76.42

3,450

(2.2)

166.86* Notes:(1) Changes in significant subsidiaries during the period under review: None
(Changes in specified subsidiaries resulting in changes in scope of consolidation)
Newly included: – (Company name:)
Excluded: – (Company name:)(2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements: None
(3) Changes in accounting policies, changes in accounting estimates, and restatement
1) Changes in accounting policies in accordance with changes in accounting standards, etc.: Yes
2) Changes in accounting policies other than 1) above: None
3) Changes in accounting estimates: None
4) Restatement: None
(4) Total number of issued and outstanding shares (ordinary shares)
1) Total number of issued and outstanding shares at the end of the period (including treasury shares):
As of June 30, 2021:
20,700,000 shares
As of March 31, 2021:
20,700,000 shares2) Total number of treasury shares at the end of the period:
As of June 30, 2021:
As of March 31, 2021:
3) Average number of shares during the period:
Three months ended June 30, 2021:
Three months ended June 30, 2020:

24,719 shares
24,596 shares

20,675,322 shares
20,675,452 shares* These quarterly consolidated financial results are outside the scope of quarterly review by certified public accountants
or an audit firm.
* Explanation of the proper use of financial results forecast and other notes
The performance outlook and other forward-looking statements herein are based on information currently available to
the Company and certain assumptions that the Company has deemed reasonable, and actual results may differ
significantly from the forecasts due to various factors.

Table of Contents - Attachments
1. Qualitative Information on Quarterly Financial Results ..................................................................... 2(1) Explanation of Operating Results ...................................................................................................... 2(2) Explanation of Financial Position ...................................................................................................... 3(3) Explanation of Consolidated Financial Results Forecast and Other Forward-looking Information ...... 3
2. Quarterly Consolidated Financial Statements and Principal Notes ......................................................... 4(1) Quarterly Consolidated Balance Sheets ............................................................................................ 4(2) Quarterly Consolidated Statements of Income and Comprehensive Income ....................................... 6
Quarterly Consolidated Statements of Income
Three Months Ended June 30 ........................................................................................................ 6
Quarterly Consolidated Statements of Comprehensive Income
Three Months Ended June 30 ........................................................................................................ 7(3) Notes to Quarterly Consolidated Financial Statements ....................................................................... 8(Notes on going concern assumptions) ....................................................................................... 8(Notes to significant changes in shareholders’ equity) ................................................................... 8(Changes in accounting policies) ................................................................................................ 8(Additional information) ............................................................................................................ 9(Segment information) ............................................................................................................... 9

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1. Qualitative Information on Quarterly Financial Results(1) Explanation of Operating Results
For the three months ended June 30, 2021, the Group (the Company and its consolidated subsidiaries) posted net
sales of 3,187 million yen (a 14.1% increase year-on-year), operating profit of 1,302 million yen (a 41.4%
increase year-on-year), ordinary profit of 1,310 million yen (a 39.9% increase year-on-year), and profit
attributable to the owners of the parent of 873 million yen (a 37.7% increase year-on-year).
Status by segment is as follows.
The reportable segments have been renamed from the first quarter of the fiscal year under review. Thischange is the renaming of the segments and does not affect segment information.
1) Architecture System BusinessIn the architecture system business, net sales were 1,449 million yen (a 18.1% increase year-on-year) andoperating profit was 487 million yen (a 74.1% increase year-on-year), achieving increases both in sales and in
profit.
During the three months ended June 30, 2020, the performance of the segment had seen sluggish growth
due to restrictions on operating activities, such as voluntary restraint in activities, due to the spread of the novel
COVID-19. However, restrictions were imposed on limited operating activities in the three months ended June30, 2021, and the housing business achieved increases both in sales and in profit year-on-year thanks to increases
in optional sales in response to revisions to the Building Energy Efficiency Act and support by IT introduction
subsidies. Also in the building materials business, whose main product is a 3D catalog site, the businessperformance remains firm with an increase in the number of corporate customers.
2) Surveying/Civil Engineering System BusinessIn the surveying/civil engineering system business, net sales were 1,682 million yen (a 9.2% increase year-onyear), and operating profit was 788 million yen (a 24.9% increase year-on-year). In the surveying/civilengineering system business, the performance of the segment achieved increases both in sales and in profit yearon-year as a result of the steady performance of the civil engineering and construction infrastructure businesses
in particular, supported by the spread of i-Construction and the government measures related to BIM/CIM.
3) IT Solutions BusinessIn the IT solutions business, net sales were 56 million yen (a 108.0% increase year-on-year), and operating profit
was 1 million yen (operating loss of 22 million yen for the corresponding period in the previous fiscal year).
During the three months ended June 30, 2021, the business achieved increases both in sales and in profit
year-on-year because of a firm increase in the sales of the business related to elections for the heads ofmunicipalities etc. in response to the increasing needs of the news media toward surveys in anticipation of a
House of Representatives election that is expected to take place this year.
The “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, March 31, 2020) and otherstandards have been applied from the beginning of the first quarter of the fiscal year under review. For details,
please refer to “(3) Notes to Quarterly Consolidated Financial Statements (Changes in accounting policies),(Segment information) of 2. Quarterly Consolidated Financial Statements and Principal Notes.”2(2) Explanation of Financial Position
Total assets as of the end of the first quarter of the fiscal year under review were 20,711 million yen, a decreaseof 450 million yen from the end of the previous fiscal year. This was primarily due to decreases in cash anddeposits and deferred tax assets and an increase in accounts receivable - other.
Total liabilities decreased by 460 million yen compared with the end of the previous fiscal year to 4,992
million yen. This was primarily due to an increase in deposits received and decreases in income taxes payable
and the provision for bonuses.
Net assets increased by 10 million yen compared with the end of the previous fiscal year to 15,718 million
yen. As a result, shareholders’ equity ratio stood at 75.9%.
(3) Explanation of Consolidated Financial Results Forecast and Other Forward-looking Information
The consolidated financial results forecast remains unchanged from the cumulative second quarter forecast andthe full year forecast, both of which were disclosed in the Consolidated Financial Results dated May 14, 2021.

3

2. Quarterly Consolidated Financial Statements and Principal Notes(1) Quarterly Consolidated Balance Sheets(Million yen)
As of March 31, 2021
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Merchandise and finished goods
Work in process
Raw materials and supplies
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Land
Other, net
Total property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

4

As of June 30, 2021

13,598
1,757
42
2
180
680
(3)
16,257

13,252
1,765
20
10
180
806
(2)
16,033

1,176
1,153
113
2,442
170

1,158
1,153
108
2,419
193

1,516
446
332
(4)
2,290
4,903
21,161

1,500
235
333
(4)
2,064
4,677
20,711

(Million yen)
As of March 31, 2021
Liabilities
Current liabilities
Notes and accounts payable - trade
Income taxes payable
Advances received
Provision for bonuses
Provision for bonuses for directors (and otherofficers)
Other
Total current liabilities
Non-current liabilities
Deferred tax liabilities
Total non-current liabilities
Total liabilities
Net assets
Shareholders’ equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on available-for-salesecurities
Total accumulated other comprehensive
incomeTotal net assets
Total liabilities and net assets

5

As of June 30, 2021

48
1,226
2,308
707

32
305
2,270
286

56

14

918
5,265

1,887
4,797

188
188
5,453

195
195
4,992

1,631
1,500
12,040(59)
15,1131,631
1,500
12,057(59)
15,129

594

588

594

588

15,707
21,161

15,71820,711

(2) Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statements of Income
Three Months Ended June 30(Million yen)

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Dividend income
Insurance claim income
Commission income
Other
Total non-operating income
Non-operating expenses
Loss on valuation of investment securities
Total non-operating expenses
Ordinary profit
Profit before income taxes
Income taxes – current
Income taxes – deferred
Total income taxes
ProfitProfit attributable to owners of parent

For the three months
ended June 30, 2020
2,794
693
2,100
1,179
921

For the three months
ended June 30, 2021
3,187
675
2,512
1,209
1,302

11
0
1
1
15

8
－
1
1
12

－
－
936
936
107
194
302
634
634

5
5
1,310
1,310
305
131
436
873
873

6

Quarterly Consolidated Statements of Comprehensive Income
Three Months Ended June 30(Million yen)

ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners ofparentComprehensive income attributable to noncontrolling interests

7

For the three months
ended June 30, 2020
634

For the three months
ended June 30, 2021
873

63
63
697

(5)
(5)
867

697

867

－

－

(3) Notes to Quarterly Consolidated Financial Statements(Notes on going concern assumptions)Not applicable.

(Notes to significant changes in shareholders’ equity)
Not applicable.

(Changes in accounting policies)(Application of accounting standards concerning revenue and other standards)
The “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, March 31, 2020; hereinafterreferred to as the “Revenue Recognition Accounting Standard”) and other standards have been applied since
the beginning of the first quarter of the fiscal year under review, and the Company recognizes revenue from theamount expected to be received in exchange for promised goods or services upon the transfer of control overthe goods or services to customers. The Company previously recognized revenue in connection with the
granting of licenses with a limited term of agreement from the terms of agreement thereof. However, as a resultof the abovementioned recognition approach, the Company has changed the way of recognition: when thenature of the promise at the time of granting a customer a license is a right to access intellectual property,
revenue is recognized for a specific period; or when the nature of the promise at the time of granting a customer
a license is a right to use intellectual property, revenue is recognized at a specific point of time. Moreover,considerations to be paid to customers, such as sales rebates, were previously handled as selling, general andadministrative expenses but are handled by reducing them from the total sales at present.
The application of the Revenue Recognition Accounting Standard and other standards is handled as atransitional treatment as stipulated in proviso of Paragraph 84 of the Revenue Recognition Accounting Standard.
The Company applies new accounting policies from the balance at the beginning of the period under review
after adding or deducting the cumulative effects to/from the retained earnings at the beginning of the first quarterof the fiscal year under review by applying the new accounting policies retrospectively before the beginning of
the first quarter of the fiscal year under review.
As a result, net sales for the three months ended June 30, 2021 decreased by 43 million yen, and operating
profit, ordinary profit, and profit before income taxes each decreased by 27 million yen.
The balance of the retained earnings at the beginning of the first quarter of the fiscal year under review
increased by 177 million yen, as the cumulative effects were reflected in net assets at the beginning of the firstquarter.
(Application of accounting standard for fair value measurement and other standards)
The “Accounting Standard for Fair Value Measurement” (ASBJ Statement No. 30, July 4, 2019; hereinafterreferred to as the “Fair Value Measurement Accounting Standard”) and other standards have been applied fromthe beginning of the first quarter of the fiscal year under review, and the Company will continue to apply the
new accounting policy stipulated in the Fair Value Measurement Accounting Standard and other standards in8the future in accordance with transitional treatment stipulated in Paragraph 19 of the Fair Value Measurement
Accounting Standard and Paragraph 44-2 of the “Accounting Standard for Financial Instruments” (ASBJ
Statement No. 10, July 4, 2019). The application of these standards has no impact on quarterly consolidated
financial statements.

(Additional information)
There is no significant change to the accounting estimates in association with the spread of COVID-19 statedin (Additional information) on the Annual Securities Report for the previous fiscal year.

(Segment information)[Segment information]
I. For the three months ended June 30, 2020 (from April 1, 2020 to June 30, 2020)
1. Information on net sales and profit or loss by reportable segment(Million yen)
Reportable segment
Surveying/Civil
Architecture
IT Solutions
Engineering
SystemBusiness
SystemBusiness
Business
Net sales
Sales to external customers
Intersegment sales ortransfers
Total
Segment profit (loss)

Total

Amount recordedin Quarterly
Adjustments *1 Consolidated
Statements ofIncome *2

1,226

1,540

27

2,794

－

2,794

－

－

－

－

－

－

1,226
279

1,540
631

27
(22)

2,794
888

－
33

2,794
921

(Notes)1. The adjustment of 33 million yen to segment profit (loss) is management fees and other fees received from groupcompanies and expenses related to group management.
2. Segment profit (loss) is adjusted to align with the operating profit in the quarterly consolidated statements of income.

II. For the three months ended June 30, 2021 (from April 1, 2021 to June 30, 2021)
1. Information on net sales and profit or loss by reportable segment(Million yen)
Reportable segment
Surveying/Civil
Architecture
IT Solutions
Engineering
SystemBusiness
SystemBusiness
Business
Net sales
Sales to external customers
Intersegment sales ortransfers
Total
Segment profit

Total

Amount recordedin Quarterly
Adjustments *1 Consolidated
Statements ofIncome *2

1,449

1,682

56

3,187

－

3,187

－

－

－

－

－

－

1,449
487

1,682
788

56
1

3,187
1,277

－
25

3,187
1,302

(Notes)1. The adjustment of 25 million yen to segment profit is management fees and other fees received from group companies
and expenses related to group management.
2. Segment profit is adjusted to align with the operating profit in the quarterly consolidated statements of income.

92. Change in reportable segments(Renaming of reportable segments)
From the first quarter of the fiscal year under review, the reportable segments of former “Architecture CAD
Business” and “Surveying/Civil Engineering CAD Business” are renamed to “Architecture System Business”
and “Surveying/Civil Engineering System Business” to indicate the contents of the businesses appropriately.
This change is the renaming of the segments and does not affect segment information. The segment
information for the three months ended June 30, 2020 is also provided with the new segment names.
(Application of the Accounting Standard for Revenue Recognition and other standards)
As stated in Changes in accounting policies, the Revenue Recognition Accounting Standard and otherstandards have been applied since the beginning of the first quarter of the fiscal year under review, and theaccounting treatment concerning revenue recognition has been changed. Thus, the method for calculating
business segment profit or loss has also been changed.
As a result of these changes, net sales and segment profit of the “architecture system business” for thethree months ended June 30, 2021 decreased by 14 million yen and 10 million yen, respectively, and thoseof the “surveying/civil engineering system business” for the same period decreased by 28 million yen and 16
million yen, respectively.

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