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, 2023
(Based on Japanese GAAP)
June 14, 2023
Company name:Enigmo Inc.
Stock exchange listing: Tokyo
Stock code:
Representative:

3665
URL https://enigmo.co.jp/
Representative Director, CEO

Inquiries:

Executive Officer,Chief Director ofCorporate Operation

Shokei SUDA
Yoichi KANEDA

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

June 14, 2023–

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

Yes
No

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, 2023 (from February 1, 2023 to April 30, 2023)(1) Non-consolidated operating results (cumulative)
Percentages indicate year-on-year changes
Net sales
Three months ended April 30, 2023
Three months ended April 30, 2022

Millions of yen
1,591
1,671

Operating profit% Millions of yen(4.8)
230
–
544

Earnings per share

Profit% Millions of yen(57.9)
151–
381%(60.2)–

Diluted earnings per share
Yen
3.81
9.16

Three months ended April 30, 2023
Three months ended April 30, 2022

Ordinary profit% Millions of yen(57.6)
229–
545

Yen––(2) Non-consolidated financial position
Total assets
As of April 30, 2023
As of January 31, 2023

Net assets

Millions of yen
12,733
12,684Equity ratio

Millions of yen
9,821
10,145%76.8
79.7

2. Cash dividends
Annual dividends per share

Year ended January 31, 2023
Year ending January 31, 2024

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––

Yen
0.00

Yen–

Yen
10.00

Yen
10.00

––––

Year ending January 31, 2024 (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:

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 April 30, 2023

42,642,000 shares As of January 31, 2023

42,642,000 shares

Number of treasury shares at the end of the period
As of April 30, 2023

2,969,340 shares As of January 31, 2023

2,828,940 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Three months ended April 30, 2023

39,787,243 shares Three months ended April 30, 2022

241,596,860 shares

Quarterly non-consolidated financial statements
Non-consolidated balance sheets(Thousands of yen)
As of January 31, 2023

As of April 30, 2023

AssetsCurrent assets
Cash and deposits
Accounts receivable - trade

10,315,637
293,229

10,288,477
218,817

MerchandiseSupplies

39,36242,02080,162
41,491

Advance payments to suppliers
Prepaid expenses

42,715
101,581

19,08475,323

Accounts receivable - otherDeposits paid

107,224
491,831

88,161
5,415

Income taxes refund receivable
Consumption taxes refund receivable

142,145
89,279––370–

11,665,398

10,816,932

Property, plant and equipment
Buildings

41,83541,330Tools, furniture and fixtures

20,23731,518

Total property, plant and equipment

62,073

72,849Software
Other

6,288
18

6,748
18

Total intangible assets

6,306

6,766

Investments and other assets
Investment securities

Other
Total current assets
Non-current assets

Intangible assets

547,865

1,429,864

Shares of subsidiaries and associates
Leasehold and guarantee deposits

285,896
38,627285,896
38,627Long-term prepaid expenses
Deferred tax assets

23,50155,08619,18663,084

Total investments and other assets

950,976

1,836,658

1,019,356

1,916,274

12,684,755

12,733,207

Current liabilities
Accounts payable - other391,931360,359

Accrued expenses
Income taxes payable

4,360–3,79072,167–2,080,52247,638
2,351,543

10,294–8,260
19,333

Total non-current assets
Total assets
Liabilities

Accrued consumption taxes
Deposits received
Provision for point card certificates
Provision for bonuses
Other
Total current liabilities

43,82240,2822,530,929

2,903,374

8,349

8,372

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

3

8,349

8,372

2,539,279

2,911,747

(Thousands of yen)
As of January 31, 2023

As of April 30, 2023

Net assets
Shareholders' equity
Share capital381,903

381,903

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

10,746,507

10,500,229

Total retained earnings

10,746,507

10,500,229

Treasury shares(1,424,689)(1,506,959)

Total shareholders' equity

10,095,195

9,766,648

Valuation difference on available-for-sale securities

8,319

12,850Total valuation and translation adjustments

8,319

12,850Retained earnings

Valuation and translation adjustments

Share acquisition rights
Total net assets
Total liabilities and net assets

441,961

41,961

10,145,475

9,821,460

12,684,755

12,733,207

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

Three months endedApril 30, 2022

April 30, 2023

Net sales
Cost of sales

1,671,749
332,885

1,591,038
361,789

Gross profit

1,338,864

1,229,248

Selling, general and administrative expenses

794,808

998,638

Operating profit

544,056

230,610

Interest income
Foreign exchange gains

58
4,881

50–

Interest on tax refund
Subsidy income

–
800

872
–

Other77

602

5,817

1,525

Foreign exchange losses
Commission expenses

–
298

2,479
174

Miscellaneous losses

4,053

–

Non-operating income

Total non-operating income
Non-operating expenses

Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Total extraordinary income

4,351

2,654

545,521

229,481240

240

Profit before income taxes

545,546

229,482

Income taxes - current
Income taxes - deferred

142,749
21,55087,627(9,998)

Total income taxes

164,299

77,629Profit381,246

151,8535