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 Non-Consolidated Financial Results
for the Nine Months Ended January 31, 2022
(Based on Japanese GAAP)
March 11, 2022
Company name:

HEROZ, Inc.

Stock exchange listing: Tokyo
Stock code:
4382
Representative:
Inquiries:

URL

https://www.heroz.co.jp

Representative Director and Co-CEO
Executive Officer and CFO

Takahiro HayashiHiroya Mori

Scheduled date to file Quarterly Securities Report:
Scheduled date to commence dividend payments:

March 11, 2022–

Preparation of supplementary material on quarterly financial results:
Holding of quarterly financial results meeting:

Yes
No

TEL

03(6435)2495(Amounts less than one million yen are rounded down)
1. Non-consolidated financial results for the nine months ended January 31, 2022 (from May 1, 2021 to January 31, 2022)(1) Non-consolidated operating results (cumulative)
Percentages indicate year-on-year changes
Net sales

EBITDAMillions of yen%
Nine months ended January 31, 2022
1,101–
Nine months ended January 31, 2021
1,1270.5※EBITDA = Operating Profit + Depreciation + Amortization

Millions of yen

110258

Earnings per share

Operating profit

Profit% Millions of yen% Millions of yen% Millions of yen
%
–(3)
–(0)
–
(2)
–(30.6)215 (33.7)
206 (23.5)
140 (23.7)

Diluted earnings per share

Yen(0.20)
9.42

Nine months ended January 31, 2022
Nine months ended January 31, 2021

Ordinary profit

Yen–9.28(2) Non-consolidated financial positionTotal assets

Net assets

Millions of yen
6,555
6,546

As of January 31, 2022
As of April 30, 2021

Equity ratio

Millions of yen
6,388
6,403

%
97.4
97.8

2. Cash dividends
Annual dividends per share

Year ended April 30, 2021
Year ending April 30, 2022

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––Yen
0.00
0.00

Yen––

Yen
0.00

Yen
0.00

0.00

0.00

Year ending April 30, 2022 (Forecast)Total

3. Forecast of non-consolidated financial results for the year ending April 30, 2022 (from May 1, 2021 to April 30, 2022)
Percentages indicate year-on-year changes
Net sales

Full year

Millions of yen
1,700

Operating profit% Millions of yen–
100

Ordinary profit% Millions of yen–
901Profit% Millions of yen–
63

Earnings per share%–Yen
4.19

4. Notes(1) Application of special accounting methods for preparing quarterly non-consolidated financial statements: No(2) 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(3) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of January 31, 2022

15,025,582 shares As of April 30, 2021

15,025,582 shares

Number of treasury shares at the end of the period
As of January 31, 2022

– shares As of April 30, 2021

– sharesAverage number of shares during the period (cumulative from the beginning of the fiscal year)
Nine months ended January 31, 2022

15,025,582 shares Nine months ended January 31, 2021

214,929,624 shares