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, 2020
(Based on Japanese GAAP)
June 12, 2020
Company name:Enigmo Inc.
Stock exchange listing: Tokyo
Stock code:
Representative:

3665
URL http://http://www.enigmo.co.jp/
Representative Director, CEO
Shokei SUDA

Inquiries:

Executive Officer,
Chief Director of Corporate Operation

Yoichi KANEDA

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

June 12, 2020–

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

NoNo

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, 2020 (from February 1, 2020 to April 30, 2020)(1) Non-consolidated operating results (cumulative)
Percentages indicate year-on-year changes
Net salesThree months ended April 30, 2020Three months ended April 30, 2019

Millions of yen
1,343
1,370

Operating profit% Millions of yen
(2.0)
476
19.9603

Earnings per share

Profit% Millions of yen(18.5)
332
21.8
405

%
(18.1)
20.2

Diluted earnings per share
Yen
7.99
9.74

Three months ended April 30, 2020Three months ended April 30, 2019

Ordinary profit% Millions of yen(21.1)
476
25.8
584

Yen––(2) Non-consolidated financial position
Total assets
As of April 30, 2020
As of January 31, 2020

Net assets

Millions of yen
8,809
8,835

Equity ratio

Millions of yen
7,414
7,371%
84.2
83.4

2. Cash dividends
Annual dividends per share

Year ended January 31, 2020
Year ending January 31, 2021

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––

Yen
0.00

Yen–

Yen
7.00

Yen
7.00

0.00

–

0.00

0.00

Year ending January 31, 2021 (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, 2020

42,642,000 shares As of January 31, 2020

42,642,000 shares

Number of treasury shares at the end of the periodAs of April 30, 2020

1,000,040 shares As of January 31, 2020

1,000,040 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Three months ended April 30, 2020

41,641,960 shares Three months ended April 30, 20192

41,642,000 shares

Quarterly non-consolidated financial statements
Non-consolidated balance sheets(Thousands of yen)
As of January 31, 2020

As of April 30, 2020

AssetsCurrent assets
Cash and deposits
Accounts receivable - trade8,186,097
292,670

8,282,880
162,277

Advance payments - trade
Prepaid expenses

129,714
31,127

137,516
45,519Accounts receivable - other
Other

7,516
753

908
3,137

8,647,879

8,632,239

Buildings
Tools, furniture and fixtures

45,663
16,23645,20920,594

Total property, plant and equipment

61,89965,804

11,711

10,419Total current assets
Non-current assets
Property, plant and equipment

Intangible assets
Software
Other

18

18

11,73010,438Investment securities
Shares of subsidiaries and associates

575
104

4,287
104

Leasehold and guarantee deposits
Long-term prepaid expenses

63,826
12,48763,841
10,703

Total intangible assets
Investments and other assets

Deferred tax assets

36,98021,959Total investments and other assets

113,972

100,894

Total non-current assets

187,603

177,137

8,835,482

8,809,376

Accounts payable - otherAccrued expenses

188,562
1,383

177,229
1,149

Income taxes payable
Accrued consumption taxes

415,164
90,312

141,726
58,624

Deposits received
Provision for point card certificates712,680
29,194

957,979
30,236

Total assets
Liabilities
Current liabilities

Other
Total current liabilities

10,51812,165

1,447,815

1,379,111

15,753

15,795

Non-current liabilities
Asset retirement obligations
Total non-current liabilities
Total liabilities

315,753

15,795

1,463,569

1,394,907

(Thousands of yen)
As of January 31, 2020

As of April 30, 2020

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 surpluses

391,474

391,474

Other retained earnings
Retained earnings brought forward

7,014,241

7,055,285

Total retained earnings

Retained earnings

7,014,241

7,055,285

Treasury shares(415,429)(415,429)

Total shareholders' equity

7,372,189

7,413,233

Deferred gains or losses on hedges

(276)

1,235

Total valuation and translation adjustments

(276)

1,235

7,371,913

7,414,469

8,835,482

8,809,376

Valuation and translation adjustments

Total net assets
Total liabilities and net assets

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

Three months endedApril 30, 2019

April 30, 2020

Net sales
Cost of sales

1,370,871
241,300

1,343,346
246,806

Gross profit

1,129,571

1,096,539

Selling, general and administrative expenses

525,958

620,006

Operating profit

603,612476,533

Interest income
Other87
159
1

Total non-operating income

Non-operating income

8960

Non-operating expenses
Foreign exchange losses

2,820

108

Going public expenses

16,497–

Total non-operating expenses

19,317108584,384

476,486

Extraordinary income
Reversal of allowance for doubtful accounts

4,046

–

Gain on reversal of share acquisition rights
Gain on sales of investment securities

297––
3,077

4,344

3,077

Profit before income taxes

588,728

479,563

Income taxes - current
Income taxes - deferred

81,340101,530

132,672
14,353

Total income taxes

182,870

147,025

Profit405,858

332,537

Ordinary profit

Total extraordinary income5