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, 2021
(Based on Japanese GAAP)
September 14, 2021
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, 2021–

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 six months ended July 31, 2021 (from February 1, 2021 to July 31, 2021)(1) Non-consolidated operating results (cumulative)
Percentages indicate year-on-year changes
Net sales
Six months ended July 31, 2021
Six months ended July 31, 2020

Millions of yen
3,583
2,964

Operating profit% Millions of yen
20.9
1,369
10.0
1,127

Earnings per share

Ordinary profit% Millions of yen
21.5
1,377
(0.5)
1,126

%
19.0
1.1

Diluted earnings per share

Yen
22.40
18.82

Six months ended July 31, 2021
Six months ended July 31, 2020

Profit% Millions of yen
22.3
932
1.1783Yen
22.38–(2) Non-consolidated financial position
Total assets

Net assets

Millions of yen
12,921
12,737

As of July 31, 2021
As of January 31, 2021

Equity ratio

Millions of yen
9,737
9,220%
75.0
72.1

2. Cash dividends
Annual dividends per share

Year ended January 31, 2021
Year ending January 31, 2022

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, 2022 (Forecast)Total

3. Forecast of non-consolidated financial results for the year ending January 31, 2022 (from February 1, 2021 to January 31, 2022)
Percentages indicate year-on-year changes
Net sales
Full year

Millions of yen
8,139~8,846

Operating profit% Millions of yen
15.0
3,063
25.0~3,519

Ordinary profit% Millions of yen
1.0
3,060
16.0~3,519

1Profit% Millions of yen
1.0
2,117
16.1~2,435

Earnings per share%
1.0
16.0

Yen
50.85~58.47

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, 2021

42,642,000 shares As of January 31, 2021

42,642,000 shares

Number of treasury shares at the end of the period
As of July 31, 2021

1,000,040 shares As of January 31, 2021

1,000,040 sharesAverage number of shares during the period (cumulative from the beginning of the fiscal year)
Six months ended July 31, 2021

41,641,960 shares Six months ended July 31, 2020

241,641,960 shares

Quarterly non-consolidated financial statements
Non-consolidated balance sheets(Thousands of yen)
As of January 31, 2021

As of July 31, 2021

AssetsCurrent assets
Cash and deposits
Accounts receivable - trade

11,807,725
331,943

11,936,918
245,328

Merchandise
Supplies

5,071
5,061

8,285
4,807

Advance payments - trade
Prepaid expenses

61,08942,347

100,509
48,158

Accounts receivable - other
Other

84,6291,281

229,048
2,541

12,339,150

12,575,598

Buildings
Tools, furniture and fixtures

43,38225,36328,35621,803

Total property, plant and equipment

68,74650,15910,652

13,79418

18

10,671

13,813

Investment securities
Shares of subsidiaries and associates

193,341104

206,331
104

Leasehold and guarantee deposits
Long-term prepaid expenses

63,8205,351

32,336
6,646

Deferred tax assets

56,02036,326

Total investments and other assets

318,638

281,745

398,056

345,718

12,737,206

12,921,316

Accounts payable - otherAccrued expenses

362,2148,094

395,503
9,387

Income taxes payable
Accrued consumption taxes

666,181
149,736

416,757
74,203

Deposits received
Asset retirement obligations

2,273,483
13,8002,237,932–

33,3002,665

34,968
7,787

3,509,476

3,176,540

7,152

7,190

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

Intangible assets
Software
Other
Total intangible assets
Investments and other assets

Total non-current assets
Total assets
LiabilitiesCurrent liabilities

Provision for point card certificates
Other
Total current liabilities
Non-current liabilities
Asset retirement obligations
Total non-current liabilities
Total liabilities

37,152

7,190

3,516,629

3,183,730

(Thousands of yen)
As of January 31, 2021

As of July 31, 2021

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 forward8,821,715

9,337,992

Total retained earnings

8,821,715

9,337,992

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

Total shareholders' equity

9,179,664

9,695,941

Valuation difference on available-for-sale securities
Deferred gains or losses on hedges

(160)
554

(160)
1,286

Total valuation and translation adjustments

394

1,125

40,51940,519Retained earnings

Valuation and translation adjustments

Share acquisition rights
Total net assets
Total liabilities and net assets

4

9,220,577

9,737,586

12,737,206

12,921,316

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

Six months ended

July 31, 2020

July 31, 2021

Net sales
Cost of sales

2,964,629
544,9423,583,765
687,301

Gross profit

2,419,686

2,896,463

Selling, general and administrative expenses

1,292,576

1,526,877

Operating profit

1,127,109

1,369,586

Interest income
Foreign exchange gains

59–

50
6,877

Subsidy income
Other–
28

1,420
455

Total non-operating income

878,803

Non-operating expenses
Foreign exchange losses

39–

Share issuance costs
Miscellaneous loss

180––621

Total non-operating expenses

219

621

1,126,977

1,377,768

Gain on sales of investment securities

3,077

–

Total extraordinary income

3,077

–

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

55
32,507

Total extraordinary losses–

32,562

Profit before income taxes

1,130,055

1,345,205

Income taxes - current
Income taxes - deferred

343,527
2,926

393,137
19,371

Total income taxes

346,454412,508

Profit783,600

932,696

Non-operating income

Ordinary profit
Extraordinary income

Extraordinary losses

5Non-consolidated statements of cash flows(Thousands of yen)

Cash flows from operating activities
Profit before income taxes

Six months ended

Six months ended

July 31, 2020

July 31, 2021

1,130,055

1,345,205

Depreciation
Increase (decrease) in provision for point card certificates

9,702
3,003

15,287
1,667Interest and dividend income
Foreign exchange losses (gains)

(59)
(293)

(50)
(332)

Loss on retirement of property, plant and equipment
Decrease (increase) in trade receivables–33,540

32,50786,614

Decrease (increase) in inventoriesIncrease (decrease) in accounts payable - other(5,539)
16,887(2,960)33,288

Increase (decrease) in deposits received
Other, net

358,799(38,993)(35,550)(268,102)

Subtotal

1,507,101

1,207,574

Interest and dividends received
Income taxes paid

59
(390,532)

50(634,633)

Net cash provided by (used in) operating activities

1,116,628

572,991(21,155)(24,995)––(2,528)(5,000)–(4,000)(13,800)(12,990)

Payments of leasehold and guarantee deposits
Proceeds from refund of leasehold and guarantee deposits(9)––31,484

Other, net–

118

(25,164)(27,711)

Proceeds from issuance of share acquisition rights
Dividends paid

332
(291,493)–(416,419)

Net cash provided by (used in) financing activities(291,160)(416,419)

Effect of exchange rate change on cash and cash equivalents

1,295

332

Cash flows from investing activities
Purchase of property, plant and equipment
Payments for retirement of property, plant and equipment
Purchase of intangible assets
Payments for asset retirement obligations
Purchase of investment securities

Net cash provided by (used in) investing activities
Cash flows from financing activities

Net increase (decrease) in cash and cash equivalents

801,598

129,192

Cash and cash equivalents at beginning of period

8,186,097

11,807,725

Cash and cash equivalents at end of period

8,987,695

11,936,918

6