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 Three Months Ended June 30, 2021
(Based on Japanese GAAP)
July 26, 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:
Manager / Finance & Accounting GroupScheduled date to file Quarterly Securities Report:

Toshiki Ikeda
August 6, 2021

Scheduled date to commence dividend payments:
Preparation of supplementary material on quarterly financial results:–No

Holding of quarterly financial results meeting:

NoTEL(052)939-2011(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the three months ended June 30, 2021 (from April 1, 2021 to June 30, 2021)(1) Consolidated operating results (cumulative)
Net sales
Three months ended June 30, 2021
Three months ended June 30, 2020

Millions of yen
39,60535,932

Percentages indicate year-on-year changes
Profit attributable toOperating profit
Ordinary profit
owners of parent% Millions of yen% Millions of yen% Millions of yen%
10.2
2,164
37.7
2,201
43.1
1,453
60.6
(8.4)
1,572(6.3)
1,538(8.0)
904 (13.1)

Earnings per share

Diluted earnings per shareYen
148.44
92.47

Three months ended June 30, 2021
Three months ended June 30, 2020

Yen
148.0792.23(2) Consolidated financial position
Total assets
As of June 30, 2021
As of March 31, 2021

Net assets

Millions of yen
63,901
65,613Equity ratio

Millions of yen
44,41543,276

Net assets per share
%
68.9
65.4

Yen
4,493.13
4,383.19

2. Cash dividends
Annual dividends per share

Year ended March 31, 2021
Year ending March 31, 2022

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––

Yen
55.00

Yen–

Yen
60.00

Yen
115.00

62.00

–

62.00

124.00Year ending March 31, 2022 (Forecast)Total

3. Forecast of consolidated financial results for the year ending March 31, 2022 (from April 1, 2021 to March 31, 2022)
Percentages indicate year-on-year changes
Profit attributable toNet sales
Operating profit
Ordinary profit
Earnings per shareowners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
Yen
Six months ending
78,830
8.5
3,670
2.2
3,720
1.5
2,460(4.0)
251.28September 30, 2021
Full year
163,470
7.3
8,250
0.1
8,280
(1.4)
5,470
(4.5)
558.7514. Notes(1) Changes in significant subsidiaries during the three months ended June 30, 2021
(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:

Yes
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 June 30, 2021

10,324,150 shares As of March 31, 2021

10,324,150 shares

Number of treasury shares at the end of the period
As of June 30, 2021

531,378 shares As of March 31, 2021

534,530 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Three months ended June 30, 2021

9,791,152 shares Three months ended June 30, 2020

29,784,632 shares

Quarterly consolidated financial statements
Consolidated balance sheets(Millions of yen)
As of March 31, 2021
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Notes and accounts receivable - trade, and contract assets
MerchandiseWork in process
Supplies
Prepaid expenses
Other
Allowance for doubtful accounts

As of June 30, 2021

19,97324,895
–
14
2
14655
307
(0)

18,876–23,762
11
3
17863
526
(1)

45,86444,060

9,443(4,917)

9,585(5,002)

Buildings and structures, net

4,526

4,582

Machinery, equipment and vehicles
Accumulated depreciation

6,617(5,195)

7,139(5,334)

1,422

1,8042,871
2,439(1,688)

3,005
2,429(1,731)

751

698

1,496(314)

1,515(419)

Right-of-use assets,net

1,182

1,096

Construction in progress
Other
Accumulated depreciation

489
1,565(1,061)

171
1,565
(1,083)504

482

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
Leased assets, net
Right-of-use assets
Accumulated depreciation Right-of-use assets

Other, net

11,747

11,842Intangible assets
Goodwill
Software
Software in progress
Customer Relationship
Other

Total property, plant and equipment

756
1,339
297
373
158

764
1,204
374
373
158

Total intangible assets

2,926

2,875

Investments and other assets
Investment securities
Deferred tax assets
Deferred tax assets for land revaluation
Guarantee deposits
Other
Allowance for doubtful accounts

2,598
586
19
1,685
198
(13)

2,527
399
19
2,024
165
(13)

Total investments and other assets

5,075

5,123

19,74919,841

65,61363,901

Total non-current assets
Total assets3

(Millions of yen)
As of March 31, 2021
Liabilities
Current liabilities
Accounts payable - trade
Lease obligations
Accounts payable - otherAccrued expenses
Income taxes payable
Accrued consumption taxes
Provision for bonuses
Provision for bonuses for directors (and other officers)
Other
Total current liabilities
Non-current liabilities
Lease obligations
Deferred tax liabilities
Provision for stocks payment
Provision for share awards for directors (and otherofficers)
Retirement benefit liability
Asset retirement obligations
Other
Total non-current liabilities

As of June 30, 2021

12,135
629
736
1,365
1,545
1,624
635
–
322

10,798
561
802
2,420
291
727
216
8
355

18,995

16,183

1,589
96
284

1,531
92
296

301

305

104
593
372

96
625
355

3,342

3,301

Total liabilities

22,337

19,485

Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares

1,080
1,796
40,921(1,072)

1,080
1,801
41,781(1,058)42,72543,603

Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Revaluation reserve for land
Foreign currency translation adjustment
Remeasurements of defined benefit plans

485
(44)
(248)
(8)

436
(44)
11
(6)

Total accumulated other comprehensive income

184

396

104
261

101
314

43,27644,41565,61363,901

Total shareholders' equity

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)Three months ended
June 30, 2020Three months ended
June 30, 2021

Net sales

35,93239,605

Cost of sales

33,63436,734Gross profit

2,297

2,870

Selling, general and administrative expenses

725706

1,572

2,164

811

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

1031

2262

Other

1333

Total non-operating income

64

129

Interest expenses
Loss on retirement of non-current assets

28
536
22

Compensation expenses
Other–6325
9

Operating profit
Non-operating income
Interest and dividend income

Non-operating expenses

9792

Ordinary profit

Total non-operating expenses

1,538

2,201

Profit before income taxes

1,538

2,201

Income taxes - current

423

520

Income taxes - deferred

199

202

Total income taxes

623

722

Profit915

1,479

Profit attributable toProfit attributable to owners of parent

904

1,453

102586(199)

(49)
287

Profit attributable to non-controlling interests
Other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax
Total other comprehensive income
Comprehensive income

02(112)

239

802

1,718

810
(8)

1,665
53

Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests5