Member of the Financial Accounting Standards Foundation

Consolidated Financial Results for the Third Quarter
Of Fiscal Year Ending March 31, 20224-Feb-2022
Company Name :Security Code :Representative :Contact :NID Co., Ltd.

Listing :
URL :

2349
President
Shuntaro Komori
Director,Corporate Design Manager, FinanceManager
Hiroshi Kosuge

JASDAQhttps://www.nid.co.jp/Telephone :81-8-3-6221-6811

1. Consolidated Financial Results for the nine months ended December 31, 2021 (from April 1, 2021 to March 31,2022)(All figures are rounded down to the nearest million yen)(1) Consolidated Operating Results(% of change from previous year)

Net sales

Operating profit

Profit attributable toOrdinary profit

Nine months ended

Million yen%

Million yen%

December 31,2021

13,159

1.4

1,574

21.4

December 31,2020

12,981

1.1

1,297

8.0

owners of parent

Million yen%

Million yen%

1,770

17.2

1,176

9.2

1,511

11.2

1,077

18.6

Note : Comprehensive income For the Nine months ended December 31, 2021 : 1,083 million yen [△17.6%]
For the Nine months ended December 31, 2020 : 1,315 million yen [9.8%]Net income per share

Diluted net
income per share

Nine months ended

Yen

Yen

December 31,2021

104.73－December 31,2020

94.91－(2) Consolidated Financial Position
Total Assets
As ofTotal Net Assets

Equity-to-asset ratio

Net Assets per Share

Million yen

Million yen%Yen

December 31,2021

21,204

15,64473.8

1,408.71

March 31,2021

20,675

15,17173.4

1,336.00

Note : Equity

As of December 31,2021 15,644million yen

As of March 31, 2021 15,171million yen

2. Dividend Information
Annual dividends per share
Registry Date
Fiscal year ended

First quarter-end

Second quarter-end

Third quarter-end

Yen

Yen

Yen－

Total

Yen

Yen－

22.00

22.00

－－－
March 31, 2022
Fiscal year ending
March 31, 2022
(Forecast)
Note : Revisions to the forecast of cash dividends most recently announced: : Yes

23.00

23.00

March 31, 2021－

Fiscal year-end

Fiscal year ending- 1 -3. Consolidated Financial Forecasts for the Fiscal Year Ending March 31,2022 (From April 1, 2021 to March 31, 2022)
Net sales

Operating profit

Ordinary profit

Profit attributable toNet income

owners of parent

per share

Million yen%

Million yen%

Million yen%

Million yen%

Yen

18,000

1.8

2,000

6.9

2,200

2.9

1,490

9.3

134.16

Full Year

Note : Revisions to the latest projected consolidated results : Yes* Notes:(1) Changes in the scope of our consolidation, including changes in our subsidiaries : None
Consolidated subsidiaries : 0 added, 0 removed(2) Application of simple accounting method : Yes(3) Changes in accounting methodology, procedures, and the way our figures are displayed in the creation of our Quarter consolidated
financial statements.
①Changes arising from revisions in accounting standards : Yes②

Changes arising from other reasons : None③

Changes in estimation related to financial statements : None④

Re-statement of revisions : None

(4) Shares issued (Common stock)
Shares issued as of term end(including treasury stock)
Treasury stock as of term end
Average shares issued during term

As of December 31,2021

13,109,490

As of March 31, 2021

13,109,490

As of December 31,2021

2,003,759

As of March 31, 2021

1,753,759

3Q FYE March 2022

11,232,094

3Q FYE March 202111,355,736* This quarterly consolidated financial results are not subject to a quarterly review by a certified public accountant or an audit firm.
*Regarding the appropriate use of our earnings projections and other notes.
All projections provided in this document are based on the most accurate information available at the time of this writing.
However our actual results may differ from our projections due to various unforeseen reasons.

- 2 -4. Consolidated Financial Statements(1) Consolidated Balance Sheets(Thousand yen)
As of March 31, 2021
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Work in process
Other
Total current assets
Non-current assets
Property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
Deferred tax assets
Guarantee deposits
Other
Total investments and other assets
Total non-current assets
Total assets- 3 -As of December 31, 2021

11,131,189
3,045,401
115,604
160,395
14,452,591

11,700,280
2,707,944
423,953
64,487
14,896,666

384,906
187,375

353,646
164,208

4,378,732
821,323
326,597
124,092
5,650,7456,223,028
20,675,620

4,441,355
859,556
345,739
142,938
5,789,590
6,307,445
21,204,111

(Thousand yen)

Liabilities
Current liabilities
Accounts payable - trade
Short-term borrowings
Accounts payable - other
Income taxes payable
Provision for bonuses
Other
Total current liabilities
Non-current liabilities
Retirement benefit liability
Provision for retirement benefits for directors(and other officers)
Asset retirement obligations
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Share capital
Capital surplusRetained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-salesecurities
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Total net assets
Total liabilities and net assets- 4 -As of March 31, 2021

As of December 31, 2021

380,833
307,877
347,182
936,336
525,180
2,497,408

444,431360,000
454,434
283,796
466,191
573,172
2,582,026

2,421,329

2,440,539

524,350

488,725

47,478
13,7703,006,927
5,504,336

48,083
2,977,348
5,559,375

653,352
488,675
14,423,667△1,227,405
14,338,289

653,352
488,675
15,349,770△1,587,655
14,904,142

815,506

725,557

17,487
832,993
15,171,283
20,675,620

15,036
740,594
15,644,736
21,204,111

(2) Consolidated Statements of Income(Thousand yen)

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Gain on sale of investment securities
Subsidy income
OtherTotal non-operating income
Non-operating expensesInterest expenses
investment partnership management fee
Taxes and dues
Commission expenses
Loss on cancellation of insurance policies
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Office relocation expenses
Total extraordinary losses
Profit before income taxes
Income taxes
ProfitProfit attributable toProfit attributable to owners of parent
Profit attributable to non-controlling interests
Other comprehensive income
Valuation difference on available-for-sale securities
Remeasurements of defined benefit plans, net of tax
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controllinginterests- 5 -Nine months ended
December 31,2020

Nine months ended
December 31,2021

12,981,768
10,185,877
2,795,891
1,498,840
1,297,051

13,159,789
9,991,314
3,168,474
1,593,680
1,574,793

6,136
115,341
33,17334,91435,052
224,617

7,885
170,347
19,287
17,309214,829

808
3,599
3,425
2,237
336
10,406
1,511,262

625
3,169
5,805
3,685
5,337
131
18,754
1,770,869

346
346

999
999

7,504
14,27821,783
1,489,825
412,090
1,077,735

47
47
1,771,821
595,464
1,176,357

1,077,735-

1,176,357-

238,179△757
237,4221,315,157△89,948△2,450△92,399
1,083,957

1,315,157

1,083,957--