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 Three Months Ended April 30, 2024
(Based on Japanese GAAP)
June 14, 2024
Company name:Enigmo Inc.
Stock exchange listing: Tokyo
Stock code:
Representative:

3665
URL https://enigmo.co.jp/
Representative Director, CEO

Inquiries:

Executive Officer,
Chief Director of Corporate Operation

Shokei SUDA
Yoichi KANEDA

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

June 14, 2024–

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

Yes
No

TEL

03-6894-3665(Amounts less than one million yen are rounded down)
1. Non-consolidated financial results for the three months ended April 30, 2024 (from February 1, 2024 to April 30, 2024)(1) Non-consolidated operating results (cumulative)
Percentages indicate year-on-year changes
Net sales
Three months ended April 30, 2024
Three months ended April 30, 2023

Millions of yen
1,324
1,591

Operating profit% Millions of yen(16.8)
145(4.8)
230

Earnings per share

Profit% Millions of yen(37.5)
99(57.9)
151%(34.6)(60.2)

Diluted earnings per share
Yen
2.50
3.81

Three months ended April 30, 2024
Three months ended April 30, 2023

Ordinary profit% Millions of yen(36.9)
143(57.6)
229

Yen––(2) Non-consolidated financial position
Total assets
As of April 30, 2024
As of January 31, 2024Net assets

Millions of yen
12,665
13,225Equity ratio

Millions of yen
10,24010,525%
80.5
79.3

2. Cash dividends
Annual dividends per share

Year ended January 31, 2024
Year ending January 31, 2025

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen
––

Yen
0.00

Yen–

Yen
10.00

Yen
10.00

–––

–

Year ending January 31, 2025 (Forecast)

1Total3. 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
No
Changes in accounting policies due to revisions to accounting standards and other regulations:
Changes in accounting policies due to other reasons:
Changes in accounting estimates:

No
No

Restatement of prior period financial statements:

No(3) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of April 30, 2024

42,642,000 shares As of January 31, 2024

42,642,000 shares

Number of treasury shares at the end of the period
As of April 30, 2024

2,969,340 shares As of January 31, 2024

2,969,340 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Three months ended April 30, 2024

39,672,660 shares Three months ended April 30, 2023

239,787,243 shares

Quarterly non-consolidated financial statements
Non-consolidated balance sheets(Thousands of yen)
As of January 31, 2024

As of April 30, 2024

AssetsCurrent assets
Cash and deposits
Accounts receivable - trade

10,729,231
246,574

10,149,404
186,120Securities
Supplies–
47,312

100,330
34,171

Advance payments to suppliers
Prepaid expenses

44,36671,426

29,462
79,271

Accounts receivable - otherOther

131,344389

110,276
1,349

11,270,646

10,690,386

Buildings
Tools, furniture and fixtures

39,81529,27039,31039,097

Total property, plant and equipment

69,08578,407

4,415

8,278

18

18

4,433

8,297

1,307,752
327,053

1,323,419
327,053

Investments in other securities of subsidiaries andassociates

150,000

150,000

Leasehold and guarantee deposits
Long-term prepaid expenses

38,627
7,561

38,627
10,672

Total current assets
Non-current assets
Property, plant and equipment

Intangible assets
Software
Other
Total intangible assets
Investments and other assets
Investment securities
Shares of subsidiaries and associates

Deferred tax assets
Total investments and other assets
Total non-current assets

50,03838,9691,881,033

1,888,741

1,954,553

1,975,447

13,225,199

12,665,834

Accounts payable - otherAccrued expenses

319,680
5,363

295,928
4,687

Income taxes payable
Accrued consumption taxes

193,71245,05544,797
41,5802,072,297
13,613

1,962,390
10,600

Provision for bonuses
Other–
41,117

19,23337,459Total current liabilities

2,690,842

2,416,678

Non-current liabilities
Asset retirement obligations

8,443

8,466

Total non-current liabilities

8,443

8,466

2,699,285

2,425,145

Total assets
Liabilities
Current liabilities

Deposits received
Provision for point card certificatesTotal liabilities3

(Thousands of yen)
As of January 31, 2024

As of April 30, 2024

Net assets
Shareholders' equity
Share capital

381,903381,903

Capital surplus
Legal capital surplus

321,103

321,103

Other capital surplus

70,371

70,371

Total capital surplus

391,474

391,474

Other retained earnings
Retained earnings brought forward

11,186,742

10,889,326

Total retained earnings

11,186,742

10,889,326

Treasury shares(1,506,959)(1,506,959)

Total shareholders' equity

10,453,160

10,155,744

Valuation difference on available-for-sale securities

30,791

42,982

Total valuation and translation adjustments

30,791

42,982Retained earnings

Valuation and translation adjustments

Share acquisition rights
Total net assets
Total liabilities and net assets

441,961

41,961

10,525,913

10,240,688

13,225,199

12,665,834

Non-consolidated statements of income (cumulative)(Thousands of yen)Three months ended

Three months endedApril 30, 2023

April 30, 2024

Net sales
Cost of sales

1,591,038
361,789

1,324,440
284,301

Gross profit

1,229,248

1,040,139

Selling, general and administrative expenses

998,638

894,544

Operating profit

230,610

145,594

Interest income
Interest on tax refund

50872

876–

Other602

664

1,5251,540

2,479
174

1,881
––
–

1,782
34

2,654

3,698

229,481

143,4360–Non-operating income

Total non-operating income
Non-operating expenses
Foreign exchange losses
Commission expenses
Loss on investments in investment partnerships
Miscellaneous losses
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets

0–Profit before income taxes

Total extraordinary income

229,482

143,436

Income taxes - current

87,62738,437

Income taxes - deferred(9,998)

5,688

Total income taxes

77,62944,125Profit

151,853

99,3105