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 Consolidated Financial Results
for the Nine Months Ended December 31, 2020
(Based on Japanese GAAP)
February 1, 2021
Company name:
TRANCOM CO.,LTD.
Stock exchange listing: Tokyo, Nagoya
Stock code:
Representative:

9058
President

URL

https://www.trancom.co.jp/ir/
Yutaka Tsunekawa

Inquiries:

Executive Officer / Finance & Accounting
GroupShinichi Kawamura

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

February 5, 2021–

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

NoNo

TEL

(052)939-2011(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the nine months ended December 31, 2020 (from April 1, 2020 to December 31, 2020)(1) Consolidated operating results (cumulative)
Percentages indicate year-on-year changes
Profit attributable toNet sales
Operating profit
Ordinary profit
owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
Nine months ended December 31, 2020
113,348
(8.5)
6,290
3.2
6,409
6.1
4,421
10.5
Nine months ended December 31, 2019
123,870
8.8
6,096
17.1
6,041
16.7
3,999
13.6
Earnings per share

Diluted earnings per shareYen
451.80408.77

Nine months ended December 31, 2020
Nine months ended December 31, 2019

Yen
450.65407.73(2) Consolidated financial position
Total assets

Net assets

Millions of yen
62,53559,545

As of December 31, 2020
As of March 31, 2020

Equity ratio

Millions of yen
41,94838,250Net assets per share%
66.5
63.7

Yen
4,249.46
3,878.18

2. Cash dividends
Annual dividends per share

Year ended March 31, 2020
Year ending March 31, 2021

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––Yen
52.00
55.00

Yen––

Yen
52.00

Yen
104.0055.00

110.00Year ending March 31, 2021 (Forecast)Total

3. Forecast of consolidated financial results for the year ending March 31, 2021 (from April 1, 2020 to March 31, 2021)
Net sales
Full year

Millions of yen
149,000

Percentages indicate year-on-year changes
Profit attributable toOperating profit
Ordinary profit
Earnings per shareowners of parent% Millions of yen% Millions of yen% Millions of yen%
Yen
(8.8)
7,640
1.0
7,770
4.7
5,270
7.3
538.541

4. Notes(1) Changes in significant subsidiaries during the nine months ended December 31, 2020(changes in specified subsidiaries resulting in the change in scope of consolidation):No(2) Application of special accounting methods for preparing quarterly consolidated financial statements:

No(3) 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:

No
No

Changes in accounting estimates:
Restatement of prior period financial statements:

NoNo(4) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of December 31, 2020

10,324,150 shares As of March 31, 2020

10,324,150 shares

Number of treasury shares at the end of the period
As of December 31, 2020

534,950 shares As of March 31, 2020

539,687 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Nine months ended December 31, 2020

9,785,667 shares Nine months ended December 31, 20192

9,784,222 shares

Quarterly consolidated financial statements
Consolidated balance sheets(Millions of yen)
As of March 31, 2020

As of December 31, 2020

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade

14,57525,18917,10425,365MerchandiseWork in process

39
1

122

Supplies
Prepaid expenses

18615

15736

Other
Allowance for doubtful accounts

129(0)

381(0)

40,56843,618

8,112(4,694)

9,441(4,836)

Buildings and structures, net

3,418

4,605

Machinery, equipment and vehicles
Accumulated depreciation

6,193(4,687)

6,475(5,038)

1,506

1,436

2,991
2,396

2,871
2,451

Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation

Machinery, equipment and vehicles, net
Land
Leased assets
Accumulated depreciation(1,540)(1,649)Leased assets, net

855

802

Construction in progress

1,671

418

Other
Accumulated depreciation

2,033
(999)

2,235
(1,247)

1,033

987

11,477

11,122

892
1,330

779
1,323

Software in progress
Customer Relationship

356
457

324
387

Other

162

160

3,198

2,974

Investment securities
Deferred tax assets

1,841
699

2,676
335

Deferred tax assets for land revaluation
Guarantee deposits

–
1,566

19
1,588

Other
Allowance for doubtful accounts

209
(16)

213
(13)

Total investments and other assets

4,300

4,819

18,976

18,91659,54562,535

Other, net
Total property, plant and equipment
Intangible assets
GoodwillSoftware

Total intangible assets
Investments and other assets

Total non-current assets
Total assets3

(Millions of yen)
As of March 31, 2020

As of December 31, 2020

Liabilities
Current liabilities
Accounts payable - trade

12,50011,599Lease obligations
Accounts payable - other447
714

474
756

Accrued expenses
Income taxes payable

1,342
1,324

1,694791

Accrued consumption taxes
Provision for bonuses

998
643

1,507
222

Provision for bonuses for directors (and other officers)
Other–
373

24695

18,344

17,765

Total current liabilities
Non-current liabilities
Lease obligations

1,275

1,108

Deferred tax liabilities
Deferred tax liabilities for land revaluation

96
11101
–

Provision for stocks payment
Provision for share-based remuneration for directors (and257

277

249

291

other officers)
Retirement benefit liability

106

100

Asset retirement obligations
Other576
377

585
358

Total non-current liabilities

2,950

2,821

21,294

20,586

Shareholders' equity
Share capital

1,080

1,080

Capital surplus
Retained earnings

1,740
36,175

1,758
39,611

Treasury shares(1,044)(1,037)

Total shareholders' equity

37,95141,413

Valuation difference on available-for-sale securities
Revaluation reserve for land

165
26556
(44)

Foreign currency translation adjustment
Remeasurements of defined benefit plans

(186)
(11)

(316)
(9)

(5)

185

104
199

104
244

38,25041,94859,54562,535

Total liabilities
Net assets

Accumulated other comprehensive income

Total accumulated other comprehensive income
Share acquisition rights
Non-controlling interests
Total net assets
Total liabilities and net assets

4Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)(Millions of yen)
Nine months ended
December 31, 2019

Nine months ended
December 31, 2020

Net sales

123,870

113,348

Cost of sales

115,763

105,053

Gross profit

8,106

8,295

Selling, general and administrative expenses

2,010

2,005

Operating profit

6,096

6,290

1721

Share of profit of entities accounted for using equity method
Subsidy income

31347228

Other

2652

Total non-operating income

78349

75
57

78
152

Non-operating income
Interest and dividend income

Non-operating expenses
Interest expenses
Other
Total non-operating expenses
Ordinary profit

133

230

6,041

6,409

25–

Extraordinary losses
Compensation expenses

25–

Profit before income taxes

Total extraordinary losses

6,015

6,409

Income taxes - current

1,820

1,780

Income taxes - deferred

142

142

Total income taxes

1,962

1,923

Profit

4,052

4,485

Profit attributable toProfit attributable to owners of parent

3,999

4,421

53

64

Valuation difference on available-for-sale securities
Revaluation reserve for land

101
–390
(70)

Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax

(106)
(8)

(148)
1

Total other comprehensive income

(13)

173

Comprehensive income

4,039

4,659

Comprehensive income attributable toComprehensive income attributable to owners of parent

3,984

4,612

55

46

Profit attributable to non-controlling interests
Other comprehensive income

Comprehensive income attributable to non-controlling interests5