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, 2020
(Based on Japanese GAAP)
December 15, 2020
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 15, 2020–

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

03-6894-3665(Amounts less than one million yen are rounded down)
1. Non-consolidated financial results for the nine months ended October 31, 2020 (from February 1, 2020 to October 31, 2020)(1) Non-consolidated operating results (cumulative)
Percentages indicate year-on-year changes
Net sales
Nine months ended October 31, 2020
Nine months ended October 31, 2019

Millions of yen
4,719
4,128

Operating profit% Millions of yen
14.3
1,883
16.3
1,725

Earnings per share

Ordinary profit% Millions of yen
9.1
1,881
16.7
1,708

%
10.2
15.7

Diluted earnings per share

Yen
31.38
28.47

Nine months ended October 31, 2020
Nine months ended October 31, 2019

Profit% Millions of yen
10.1
1,306
15.5
1,185

Yen––(2) Non-consolidated financial position
Total assets

Net assets

Millions of yen
11,021
8,835

As of October 31, 2020
As of January 31, 2020

Equity ratio

Millions of yen
8,387
7,371%
76.1
83.4

2. Cash dividends
Annual dividends per share

Year ended January 31, 2020
Year ending January 31, 2021

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen
––

Yen
0.00
0.00

Yen––

Yen
7.00

Yen
7.00

0.00

0.00

Year ending January 31, 2021 (Forecast)Total

3. Forecast of non-consolidated financial results for the year ending January 31, 2021 (from February 1, 2020 to January 31, 2021)
Percentages indicate year-on-year changes
Net sales
Full year

Millions of yen
7,011

Operating profit% Millions of yen
15.0
2,962

Ordinary profit% Millions of yen
10.0
2,961

1Profit% Millions of yen
10.4
2,055

Earnings per share%
10.5

Yen
49.37

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 October 31, 2020

42,642,000 shares As of January 31, 2020

42,642,000 shares

Number of treasury shares at the end of the period
As of October 31, 2020

1,000,040 shares As of January 31, 2020

1,000,040 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Nine months ended October 31, 2020

41,641,960 shares Nine months ended October 31, 2019

241,641,961 shares

Quarterly non-consolidated financial statements
Non-consolidated balance sheets(Thousands of yen)
As of January 31, 2020

As of October 31, 2020

AssetsCurrent assets
Cash and deposits
Accounts receivable - trade8,186,097
292,670

10,182,046
289,630

––

1,664
5,242

Advance payments - trade
Prepaid expenses

129,714
31,127

173,348
33,308

Accounts receivable - other
Other

7,516
753

15,962634

8,647,879

10,701,839

Buildings
Tools, furniture and fixtures

45,663
16,23644,302
29,141

Total property, plant and equipment

61,89973,444

11,711

8,053

18

18

11,7308,072

Investment securities
Shares of subsidiaries and associates

575
104

119,799
104

Leasehold and guarantee deposits
Long-term prepaid expenses

63,826
12,487

63,8207,135

Deferred tax assets

36,98047,120

Merchandise
Supplies

Total current assets
Non-current assets
Property, plant and equipment

Intangible assets
Software
Other
Total intangible assetsInvestments and other assets

Total investments and other assets

113,972

237,980

187,603319,496

8,835,482

11,021,336

Accounts payable - otherAccrued expenses

188,562
1,383

313,211
8,007

Income taxes payable
Accrued consumption taxes

415,164
90,312

280,962
94,059Deposits received
Provision for point card certificates712,680
29,194

1,873,852
33,809Total non-current assets
Total assets
Liabilities
Current liabilities

Other
Total current liabilities

10,51814,434

1,447,815

2,618,338

15,753

15,879Non-current liabilities
Asset retirement obligations
Total non-current liabilities
Total liabilities

315,753

15,8791,463,569

2,634,218

(Thousands of yen)
As of January 31, 2020

As of October 31, 2020

Net assets
Shareholders' equity
Share capital

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

7,014,241

8,029,471

Total retained earnings

Retained earnings

7,014,241

8,029,471

Treasury shares(415,429)(415,429)

Total shareholders' equity

7,372,189

8,387,419

Deferred gains or losses on hedges

(276)

(634)

Total valuation and translation adjustments

(276)

(634)

–332

Valuation and translation adjustments

Share acquisition rights
Total net assets
Total liabilities and net assets

4

7,371,913

8,387,118

8,835,482

11,021,336

Non-consolidated statements of income (cumulative)(Thousands of yen)

Net sales
Cost of sales

Nine months ended

Nine months ended

October 31, 2019

October 31, 2020

4,128,625
742,4134,719,579
877,385

Gross profit

3,386,211

3,842,194

Selling, general and administrative expenses

1,660,297

1,959,098

Operating profit

1,725,914

1,883,095

159
125

107
28–
–

96
0

Non-operating income
Interest income
A lecture and a manuscript fee income
Gain on sales of goods
Other284

232

Non-operating expenses
Foreign exchange losses

Total non-operating income

755

1,784

Share issuance cost
Going public expenses–
16,497

180–

Miscellaneous loss
Total non-operating expenses
Ordinary profit

260–

17,513

1,964

1,708,6861,881,363

Extraordinary income
Reversal of allowance for doubtful accounts

4,046

–

Gain on sales of non-current assets
Gain on reversal of share acquisition rights

36297

232
–

Gain on sales of investment securities

–

3,077

4,381

3,310

Loss on retirement of non-current assets
Loss on sales of non-current assets

674
–

–
217

Total extraordinary losses

674

217

Profit before income taxes

1,712,392

1,884,456

Income taxes - current
Income taxes - deferred

445,283
81,310587,714(9,982)

Total income taxes

526,593

577,732

1,185,799

1,306,723

Total extraordinary income
Extraordinary losses

Profit5