Translation
Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any
discrepancy between this translated document and the original Japanese document, the latter shall prevail.

Summary of Consolidated Financial Results
for the Three Months Ended June 30, 2022
(Based on Japanese GAAP)
July 26, 2022
Company name:
MELCO HOLDINGS INC.
Stock exchange listing: Tokyo, Nagoya
Stock code:
Representative:

6676
URL https://melco-hd.jp/President and CEO

Hiroyuki Maki

Inquiries:
General Manager, IR Division
Scheduled date to file Quarterly Securities Report:

Yasukazu Kouketsu
August 10, 2022

Scheduled date to commence dividend payments:
Preparation of supplementary material on quarterly financial results:–No

Holding of quarterly financial results meeting:

NoTEL 03-4213-1122(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the three months ended June 30, 2022 (from April 1, 2022 to June 30, 2022)(1) Consolidated operating results (cumulative)
Net sales
Three months ended June 30, 2022
Three months ended June 30, 2021

Millions of yen
34,31336,091

Percentages indicate year-on-year changes
Profit attributable toOperating profit
Ordinary profit
owners of parent% Millions of yen% Millions of yen% Millions of yen%(4.9)
1,736 (47.6)
1,672 (51.0)
1,141 (54.0)–
3,316 221.7
3,413 204.9
2,482 253.5

Earnings per share

Diluted earnings per share

Yen
67.66
156.29Three months ended June 30, 2022
Three months ended June 30, 2021

Yen––(2) Consolidated financial position
Total assets
As of June 30, 2022
As of March 31, 2022

Net assets

Millions of yen
95,31095,798Equity ratio

Millions of yen
63,356
63,123

Net assets per share%
66.4
65.9

Yen
3,753.41
3,739.64

2. Cash dividends
Annual dividends per share

Year ended March 31, 2022
Year ending March 31, 2023

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––

Yen
50.00

Yen–

Yen
60.00

Yen
110.0060.00–60.00120.00Year ending March 31, 2023 (Forecast)Total

3. Forecast of consolidated financial results for the year ending March 31, 2023 (from April 1, 2022 to March 31, 2023)Percentages indicate year-on-year changes
Profit attributable toNet sales
Operating profit
Ordinary profit
Earnings per shareowners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
Yen
Full year
150,000
4.1
6,500 (48.8)
7,000 (46.5)
5,000 (46.5)
296.32

1

4. Notes(1) Changes in significant subsidiaries during the three months ended June 30, 2022
(changes in specified subsidiaries resulting in the change in scope of consolidation):No(2) Application of special accounting methods for preparing quarterly consolidated financial statements:

No(3) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements
Changes in accounting policies due to revisions to accounting standards and other regulations:
Changes in accounting policies due to other reasons:

Yes
No

Changes in accounting estimates:
Restatement of prior period financial statements:

NoNo(4) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of June 30, 2022

17,937,873 shares As of March 31, 2022

17,937,873 shares

Number of treasury shares at the end of the period
As of June 30, 2022

1,064,359 shares As of March 31, 2022

1,064,359 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Three months ended June 30, 2022

16,873,514 shares Three months ended June 30, 2021

215,884,480 shares

Quarterly consolidated financial statements
Consolidated balance sheets(Millions of yen)
As of March 31, 2022

As of June 30, 2022

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade, and contract assets

21,834
15,93018,72916,160

Securities
Merchandise and finished goods

6,687
15,848–
17,621

Raw materials and supplies
Accounts receivable - other

5,963
732

6,993
7,539

Other
Allowance for doubtful accounts

2,731
(6)

2,448
(9)

Total current assets

69,722

69,483

11,033

11,065Intangible assets
Investments and other assets

2,012

2,148

Investment securities
Other

10,662
2,486

10,454
2,277

Allowance for doubtful accounts

(118)

(118)

Total investments and other assets

13,03012,61326,07525,827

95,79895,310Notes and accounts payable - trade
Electronically recorded obligations - operating

13,466807

15,665871

Current portion of long-term borrowings
Accrued expenses

861
3,142

736
2,163

Income taxes payable
Accounts payable - other

1,507
3,820

262
3,720

Contract liabilities
Provision for bonuses for directors (and other officers)

4,078
26

4,119
6

Provision for product warranties
Other

79
1,826

75
1,372

Total current liabilities

29,61828,993

Non-current liabilities
Long-term borrowings

99–

2,305

2,277

237

275

141141271

266

Non-current assets
Property, plant and equipment

Total non-current assets
Total assets
Liabilities
Current liabilities

Retirement benefit liability
Provision for retirement benefits for directors (and otherofficers)
Provision for recycles
Other
Total non-current liabilities
Total liabilities

3

3,056

2,960

32,674

31,954

(Millions of yen)
As of March 31, 2022

As of June 30, 2022

Net assets
Shareholders' equity
Share capital

1,000

1,000

Capital surplus
Retained earnings

250
64,898250
65,027

Treasury shares(3,486)(3,486)

Total shareholders' equity

62,662

62,791

Valuation difference on available-for-sale securities
Deferred gains or losses on hedges

605
243

569
242

Foreign currency translation adjustment
Remeasurements of defined benefit plans

(110)
(299)

3(273)

Total accumulated other comprehensive income

438

541

Accumulated other comprehensive income

Share acquisition rights
Total net assets
Total liabilities and net assets

422

22

63,12363,356

95,79895,310Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)
Consolidated statements of income (cumulative)(Millions of yen)Three months ended

Three months ended

June 30, 2021

June 30, 2022

Net sales
Cost of sales

36,09125,64634,31325,010Gross profit

10,445

9,303

Selling, general and administrative expenses

7,128

7,567

Operating profit

3,316

1,736

Interest income
Dividend income

096

087

Share of profit of entities accounted for using equity method
Subsidy income

128

4–

Non-operating income

Other

2329

Total non-operating income

151

121

Interest expenses
Foreign exchange losses

239

1162

Commission expenses
Other

1102
18

Total non-operating expenses

54185

3,413

1,672

Loss on retirement of non-current assets

122

Total extraordinary losses

122

Non-operating expenses

Ordinary profit
Extraordinary losses

Profit before income taxes

3,400

1,669

Income taxes - current

658

345

Income taxes - deferred

259

181

Total income taxes

918

527

Profit

2,482

1,141

Profit attributable to owners of parent

2,482

1,141

5

Consolidated statements of comprehensive income (cumulative)(Millions of yen)

ProfitOther comprehensive income

Three months endedThree months ended

June 30, 2021

June 30, 2022
2,482

1,141

Valuation difference on available-for-sale securities
Deferred gains or losses on hedges

(57)
(115)

(35)
(0)

Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax

7
2475
24

Share of other comprehensive income of entities accounted
for using equity method–40

Total other comprehensive income
Comprehensive income

(141)

103

2,341

1,244

2,341

1,244

Comprehensive income attributable toComprehensive income attributable to owners of parent

6