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 Nine Months Ended October 31, 2022
(Based on Japanese GAAP)
December 14, 2022
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

TEL

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

December 14, 2022–

Preparation of supplementary material on quarterly financial results:
Holding of quarterly financial results meeting:Yes
No03-6894-3665(Amounts less than one million yen are rounded down)
1. Non-consolidated financial results for the nine months ended October 31, 2022 (from February 1, 2022 to October 31, 2022)(1) Non-consolidated operating results (cumulative)
Percentages indicate year-on-year changes
Net sales
Nine months ended October 31, 2022
Nine months ended October 31, 2021

Millions of yen
4,740
5,298

Operating profit% Millions of yen
–
824
12.3
1,974

Earnings per share

Ordinary profit% Millions of yen
–
836
4.9
1,994

%
–
4.0

Diluted earnings per share

Yen
14.38
32.62

Nine months ended October 31, 2022
Nine months ended October 31, 2021

Profit% Millions of yen
–
590
6.0
1,358

Yen–
32.60

(2) Non-consolidated financial position
Total assets
As of October 31, 2022
As of January 31, 2022

Net assets

Millions of yen
12,516
13,676Equity ratio

Millions of yen
10,183
10,858

%
81.0
79.1

2. Cash dividends
Annual dividends per share

Year ended January 31, 2022
Year ending January 31, 2023

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen
––Yen
0.00
0.00

Yen––

Yen
10.00

Yen
10.00

––

Year ending January 31, 2023 (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
Changes in accounting policies due to revisions to accounting standards and other regulations:
Yes
Changes in accounting policies due to other reasons:
Changes in accounting estimates:

NoNo

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 October 31, 2022

42,642,000 shares As of January 31, 2022

42,642,000 shares

Number of treasury shares at the end of the period
As of October 31, 2022

2,598,640 shares As of January 31, 2022

1,000,040 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Nine months ended October 31, 2022

41,047,871 shares Nine months ended October 31, 2021

241,641,960 shares

Quarterly non-consolidated financial statements
Non-consolidated balance sheets(Thousands of yen)
As of January 31, 2022

As of October 31, 2022

AssetsCurrent assets
Cash and deposits
Accounts receivable - trade

12,844,859
320,4029,883,871
259,241

Merchandise
Supplies

8,060
4,533

12,74049,261

Advance payments to suppliers
Prepaid expenses

32,52542,40930,913
189,195

Accounts receivable - otherDeposits paid

58,232–

79,591
625,850––

54,476
191,662

1,873

709

13,312,897

11,377,512

Property, plant and equipment
Buildings

27,88942,340Tools, furniture and fixtures

18,62022,842

Total property, plant and equipment

46,50965,183

SoftwareOther

11,711
18

11,81018

Total intangible assets

11,73011,829Investments and other assets
Investment securities

Income taxes receivable
Consumption taxes receivable
Other
Total current assets
Non-current assets

Intangible assets

222,764

683,795

Shares of subsidiaries and associates
Leasehold and guarantee deposits

104
32,336285,896
38,627Long-term prepaid expenses
Deferred tax assets

3,327
46,431

16,08937,229Total investments and other assets

304,964

1,061,637

363,203

1,138,650

13,676,101

12,516,162

Current liabilities
Accounts payable - other

247,234

294,720

Accrued expenses
Deposits received

4,297
2,008,973

2,501
1,930,605

Income taxes payable
Accrued consumption taxes

429,404
64,235––

Provision for point card certificates
Provision for bonuses

44,151–

6,280
52,112

Total non-current assets
Total assets
Liabilities

Other
Total current liabilities

11,59337,7072,809,889

2,323,929

7,228

8,326

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

3

7,228

8,326

2,817,118

2,332,255

(Thousands of yen)
As of January 31, 2022

As of October 31, 2022

Net assets
Shareholders' equityShare 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

10,460,495

10,624,231

Total retained earnings

10,460,495

10,624,231(415,429)(1,290,964)

10,818,443

10,106,644

Valuation difference on available-for-sale securities

20

31,240Total valuation and translation adjustments

20

31,240Retained earnings

Treasury shares
Total shareholders' equity
Valuation and translation adjustments

Share acquisition rights
Total net assets
Total liabilities and net assets

440,51946,021

10,858,982

10,183,906

13,676,101

12,516,162

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

Nine months ended

October 31, 2021

October 31, 2022

Net sales
Cost of sales

5,298,707
1,018,867

4,740,413
953,994

Gross profit

4,279,839

3,786,419

Selling, general and administrative expenses

2,305,291

2,961,630

Operating profit

1,974,547

824,789

Interest income
Foreign exchange gains

104
17,37611811,305

Gain on investments in investment partnerships
Subsidy income

–
2,420

2,679
3,118

607

461

20,508

17,683

Share issuance costs
Commission expenses

–
–

120
1,740

Miscellaneous losses

643

4,139

Non-operating income

Other
Total non-operating income
Non-operating expenses

Total non-operating expenses

643

6,000

1,994,412

836,471

Extraordinary income
Gain on sale of non-current assets–

24

Total extraordinary income

–

2455

–

32,507–

Ordinary profit

Extraordinary losses
Loss on sale of non-current assets
Loss on retirement of non-current assets
Total extraordinary losses

32,562–

1,961,849

836,495

Income taxes - current

596,227

250,773

Income taxes - deferred

7,175(4,576)603,403

246,197

1,358,446

590,298

Profit before income taxes

Total income taxes
Profit5