Summary of Business Results for the Third Quarter Ended December 31, 2021
[Japan GAAP] (Consolidated)
February 3, 2022
CompanyI’rom Group Co., Ltd.
Stock Code2372
URL: https://www.iromgroup.co.jp/
Representative
Toyotaka Mori, President and CEOContact
Hiroaki Inukai, Vice president, CFO
T E L: +81-3-3264-3148
Expected date of filing of quarterly report: February 4, 2022
Expected starting date of dividend payment:Preparation of quarterly supplementary financial document: None
Quarterly results briefing: None

Registered on the TSE(Rounded down to million yen)

1. Consolidated business results for the nine months ended December 2021
(April 1, 2021 through December 31, 2021)(1) Consolidated results of operations
Net sales
Nine months ended Dec. 2021
Nine months ended Dec. 2020

Operating income

Million yen
11,676
9,482

Million yen
2,197
837%
23.1
30.3%
162.4
43.9

(% change from the previous corresponding period)
Net income attributable
Ordinary income
to owners of parent
Million yen
2,334
1,002%
132.9
43.7

Million yen
1,778
1,036%
71.5
100.2(Note) Comprehensive income:Nine months ended December 2021: 1,626 million yen ( 32.3 %)Nine months ended December 2020: 1,229 million yen (141.3 %)Net income pershareYen
147.3886.38

Nine months ended Dec. 2021
Nine months ended Dec. 2020

Diluted net income per
share
Yen
147.06
86.13(2) Consolidated financial position
Total assets
Million yen
26,09820,889As of Dec. 2021
As of Mar. 2021

Shareholders’ equity
ratio

Net assets
Million yen
9,882
8,712%
37.7
41.5(Reference) Shareholders’ equity:
As of December 2021 : 9,835 million yen
As of March 2021
: 8,674 million yen

2. Dividends
End of 1Q

End of 2Q
Yen――

Year ended Mar. 2021
Year ending Mar. 2022
Year ending Mar. 2022(forecast)

Yen
20.00
20.00

Annual dividend
End of 3Q
Yen――

Year-end

Total

Yen
20.00

Yen
40.00

20.00

40.00

(Note) Revisions to dividend forecast for the current quarter: None

3. Forecast of consolidated business results for the fiscal year ending March 2022
(April 1, 2021 through March 31, 2022)(% change from the previous corresponding period)
Net salesYear ending Mar. 2022

Million yen
15,000Operating income

Ordinary income% Million yen% Million yen
16.2
2,400 124.7
2,500(Note) Revisions to business forecast for the current quarter: None－1－Net income
attributable toowners of parent% Million yen%84.9
1,90038.3

Net income pershareYen
157.41

*Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes
in the scope of consolidation): None
(2) Application of accounting procedures specific to preparation of the consolidated quarterly financial statements:None(3) Changes in accounting policies, accounting estimates and restatement①Changes in accounting policies associated with revision of accounting standards：Yes②Changes in accounting policies other than ①：None③Changes in accounting estimates：None④Restatement：None(4) Shares outstanding (common stock)①Number of shares outstanding at the end of period (treasury stock included)
As of December 2021
12,306,265 shares
As of March 2021
12,285,965 shares②Treasury stock at the end of period
As of December 2021
230,075 shares
As of March 2021
229,795 shares③Average number of stock during period (quarterly cumulative period)
Nine months ended December 2021 12,069,601 shares
Nine months ended December 2020 12,004,194 shares*Implementation status of quarterly review procedure
This financial summary is not subject to the quarterly review procedures pursuant to the Financial Instruments andExchange Act. At the time of disclosure of this report, the procedures for review of financial statements pursuant to theFinancial Instruments and Exchange Act have not been completed.
*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 andcertain assumptions that the Company deems to be reasonable at the time this report was prepared. Actual results may differ
significantly from the forecasts due to various factors.

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