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, 2022
(Based on Japanese GAAP)
June 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

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

June 14, 2022–

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, 2022 (from February 1, 2022 to April 30, 2022)(1) Non-consolidated operating results (cumulative)
Percentages indicate year-on-year changesNet sales
Three months ended April 30, 2022
Three months ended April 30, 2021

Millions of yen
1,671
1,831

Operating profit% Millions of yen
–544
36.3
710

Earnings per share

Profit% Millions of yen
–
381
49.8
495

%
–
48.9

Diluted earnings per share

Yen
9.16
11.89

Three months ended April 30, 2022
Three months ended April 30, 2021

Ordinary profit% Millions of yen
–
545
49.2
713

Yen
–
11.88

(2) Non-consolidated financial position
Total assets
As of April 30, 2022
As of January 31, 2022

Net assets

Millions of yen14,067
13,676Equity ratio

Millions of yen
10,664
10,858

%
75.5
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

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:

No
No

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, 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 April 30, 2022

1,262,340 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)
Three months ended April 30, 2022

41,596,860 shares Three months ended April 30, 2021

241,641,960 shares

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

As of April 30, 2022

AssetsCurrent assets
Cash and deposits
Accounts receivable - trade

12,844,859
320,402

12,294,227
237,676

MerchandiseSupplies

8,060
4,533

7,588
604

Advance payments to suppliers
Prepaid expenses

32,52542,40961,43048,735

Accounts receivable - otherDeposits paid

58,232–

77,729601,927

Other

1,873

510

13,312,897

13,330,431

Property, plant and equipment
Buildings

27,88927,655Tools, furniture and fixtures

18,62017,392

Total property, plant and equipment

46,50945,047

SoftwareOther

11,71118

14,04018

Total intangible assets

11,73014,059Investments and other assets
Investment securities

Total current assets
Non-current assets

Intangible assets

222,764

332,209

Shares of subsidiaries and associates
Leasehold and guarantee deposits

104
32,336285,896
32,336Long-term prepaid expenses
Deferred tax assets

3,327
46,431

2,559
24,880Total investments and other assets

304,964

677,882

Total non-current assets

363,203736,989

13,676,101

14,067,420

Current liabilities
Accounts payable - other

247,234

690,830

Accrued expenses
Income taxes payable

4,297
429,404

1,551
152,434

64,2352,008,973

73,174
2,393,653

Provision for point card certificates
Provision for bonuses

44,151–

21,754
15,946

Other

11,59346,5522,809,889

3,395,898

Asset retirement obligations

7,228

7,248

Total non-current liabilities

7,228

7,248

2,817,118

3,403,146

Total assets
Liabilities

Accrued consumption taxes
Deposits received

Total current liabilities
Non-current liabilities

Total liabilities3

(Thousands of yen)
As of January 31, 2022

As of April 30, 2022

Net assets
Shareholders' equity
Share capital

381,903381,903

Capital surplus
Legal capital surplus

321,103

321,103

Other capital surplus70,371

70,371

Total capital surplus

391,474

391,474

Other retained earnings
Retained earnings brought forward

10,460,495

10,415,179

Total retained earnings

10,460,495

10,415,179(415,429)(564,823)

10,818,443

10,623,733

Valuation difference on available-for-sale securities

2020

Total valuation and translation adjustments

2020

Retained earnings

Treasury shares
Total shareholders' equity
Valuation and translation adjustments

Share acquisition rights
Total net assets
Total liabilities and net assets

440,519

40,51910,858,982

10,664,273

13,676,101

14,067,420

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

Three months endedApril 30, 2021

April 30, 2022

Net sales
Cost of sales

1,831,571
353,976

1,671,749
332,885

Gross profit

1,477,595

1,338,864

Selling, general and administrative expenses

766,763

794,808

Operating profit

710,831544,056

Interest income
Foreign exchange gains

50
2,297

58
4,881

Subsidy income
Other

1,000
342

800
77

Total non-operating income

3,691

5,817

Non-operating expenses
Commission expenses–298

Miscellaneous losses

731

4,053

Total non-operating expenses

731

4,351

713,791

545,521

–

24

–

24

Non-operating income

Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Total extraordinary income
Extraordinary losses
Loss on sale of non-current assets

55–

Loss on retirement of non-current assets

2,937

–

Total extraordinary losses

2,993

–

Profit before income taxes

710,798545,546

Income taxes - current

198,854

142,749

Income taxes - deferred

16,85021,550Total income taxes

215,705

164,299

Profit495,092381,246

5