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 Six Months Ended July 31, 2018
(Based on Japanese GAAP)
September 14, 2018
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:

September 14, 2018–

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

Yes
Yes

03-6894-3665(for institutional investors and analysts)(Amounts less than one million yen are rounded down)

1. Non-consolidated financial results for the six months ended July 31, 2018 (from February 1, 2018 to July 31, 2018)(1) Non-consolidated operating results (cumulative)
Percentages indicate year-on-year changes
Net sales
Six months ended July 31, 2018
Six months ended July 31, 2017

Millions of yen
2,290–

Operating profit% Millions of yen–938––Earnings per share

Ordinary profit% Millions of yen
–938
–
–%–
–

Diluted earnings per share

Yen
31.28
–

Six months ended July 31, 2018
Six months ended July 31, 2017

Profit% Millions of yen
–651
––Yen
––(2) Non-consolidated financial position
Total assets

Net assets

Millions of yen
5,768
4,688

As of July 31, 2018
As of January 31, 2018

Equity ratio

Millions of yen
4,628
3,974%
80.2
84.8

2. Cash dividends
Annual dividends per share

Year ended January 31, 2018Year ending January 31, 2019

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen
––

Yen
0.00
0.00

Yen
–

Yen
0.00

Yen
0.00

–

0.00

0.00

Year ending January 31, 2019 (Forecast)Total

3. Forecast of non-consolidated financial results for the year ending January 31, 2019 (from February 1, 2018 to January 31, 2019)
Percentages indicate year-on-year changes
Net sales
Full yearMillions of yen
4,784

Operating profit% Millions of yen
12.2
1,745

Ordinary profit% Millions of yen
2.1
1,745

1Profit% Millions of yen
1.7
1,205

Earnings per share%
83.8

Yen
57.92

4. 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
NoChanges 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 July 31, 2018

21,321,000 shares As of January 31, 2018

21,321,000 shares

Number of treasury shares at the end of the period
As of July 31, 2018

500,000 shares As of January 31, 2018

500,000 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Six months ended July 31, 2018

20,821,000 shares Six months ended July 31, 2017

220,821,000 shares

Quarterly non-consolidated financial statements
Non-consolidated balance sheets(Thousands of yen)
As of January 31, 2018

As of July 31, 2018

AssetsCurrent assets
Cash and deposits
Accounts receivable - trade

3,856,224
201,7885,081,178
179,261

Advance payments - trade
Prepaid expenses

410,908
17,392301,012
16,754

Accounts receivable - other
Deferred tax assets

187,291
13,104

186,895
30,819

Income taxes receivable
Other

41,255230–2,863

Allowance for doubtful accounts(185,582)(175,843)

Total current assets

4,542,612

5,622,941

Property, plant and equipment
Buildings

49,292

48,385Tools, furniture and fixtures

18,854

19,359Total property, plant and equipment

68,14667,745

Software
Other

9,581
18

9,065
18

Total intangible assets

9,599

9,084

Investments and other assets
Investment securities

575

575

Shares of subsidiaries and associates
Deferred tax assets

105
8,816

105
8,829

Lease and guarantee deposits

58,75158,751

Non-current assets

Intangible assets

Total investments and other assets

68,24868,261145,994

145,090

4,688,607

5,768,031

Accounts payable - otherAccrued expenses

162,564
16,546

147,619
12,323

Income taxes payable
Accrued consumption taxes–
33,977324,20335,778Deposits received
Provision for point card certificates

427,370
52,646549,396
47,721

Total non-current assets
Total assets
Liabilities
Current liabilities

Other
Total current liabilities

5,279

7,035

698,385

1,124,078

15,423

15,505

Non-current liabilities
Asset retirement obligations
Total non-current liabilities
Total liabilities3

15,423

15,505

713,808

1,139,584

(Thousands of yen)
As of January 31, 2018

As of July 31, 2018

Net assets
Shareholders' equity
Capital stock

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

3,617,685

4,268,971

Total retained earnings

Retained earnings

3,617,685

4,268,971

Treasury shares(415,380)(415,380)

Total shareholders' equity

3,975,682

4,626,969

Deferred gains or losses on hedges(1,181)

1,180

Total valuation and translation adjustments(1,181)

1,180

297

297

3,974,798

4,628,447

4,688,607

5,768,031

Valuation and translation adjustments

Subscription rights to shares
Total net assets
Total liabilities and net assets

4Non-consolidated statements of income (cumulative)(Thousands of yen)Six months ended
July 31, 2018
Net sales
Cost of sales

2,290,687
395,329

Gross profit

1,895,357

Selling, general and administrative expenses

956,519

Operating profit

938,838

Non-operating incomeInterest income
Interest on refund

73404

Miscellaneous income

9

Total non-operating income

488

Non-operating expenses
Foreign exchange losses

380

Total non-operating expenses

380

Ordinary profit

938,945

Profit before income taxes

938,945

Income taxes - current
Income taxes - deferred

306,435(18,776)

Total income taxes

287,658

Profit651,2865

Non-consolidated statements of cash flows(Thousands of yen)Six months ended
July 31, 2018
Cash flows from operating activities
Profit before income taxes

938,945

Depreciation
Increase (decrease) in allowance for doubtful accounts

7,214(9,738)

Increase (decrease) in provision for point card certificatesInterest and dividend income(4,925)(73)

Foreign exchange losses (gains)
Decrease (increase) in notes and accounts receivable - trade(140)
22,527

Decrease (increase) in inventories
Increase (decrease) in accounts payable - other230(14,945)

Increase (decrease) in deposits received
Other, net

122,025
127,861

Subtotal

1,188,981

Interest and dividend income received
Income taxes paid

73
41,508Net cash provided by (used in) operating activities

1,230,563

Cash flows from investing activities
Purchase of property, plant and equipment(5,111)Other, net(1,185)

Net cash provided by (used in) investing activities(6,297)

Effect of exchange rate change on cash and cash equivalents

687

Net increase (decrease) in cash and cash equivalents

1,224,953

Cash and cash equivalents at beginning of period

3,856,224

Cash and cash equivalents at end of period

5,081,178

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