February 08, 2022

Summary of Consolidated Financial Results(Japanese Accounting Standards)
for the Nine Months Ended December 31, 2021 (Q3 FY 2021)
Company name:
Stock exchange listing:Stock code:
URL:
Representative:
Contact:

Itoham Yonekyu Holdings Inc.
Tokyo Stock Exchange2296

https://www.itoham-yonekyu-holdings.com

Isao Miyashita, President and Representative Director
Kenji Uchiyama, Manager, Investor Relations Section
Tel. +81-3-5723-6885
February 14, 2022
Scheduled date for filing of securities report:
Scheduled date of commencement of dividend payment: Supplementary documents for financial results:
Yes
Quarterly results briefing:No(Amounts of less than one million yen are truncated)

1. Consolidated Financial Results for the Nine Months Ended December 31, 2021 (April 1, 2021–December 31, 2021)(1) Consolidated Results of Operations (Accumulated Total)(% figures show year-on-year change)
Profit attributableto owners of parent
Million Yen% Million Yen% Million Yen% Million Yen%
655,708
23,135
26,796
18,582――――646,827
22,172 32.9
24,161 30.1
18,304 58.0
-2.1
18,627 million Yen (－%)
Nine months ended December 31, 2021
19,596 million Yen (82.5%)
Nine months ended December 31, 2020
Earnings per share
Earnings per share(diluted)
YenYen
63.46
63.43
62.12
62.08
Net sales

Nine months ended
December 31, 2021
December 31, 2020
(Note) Comprehensive income:Nine months ended
December 31, 2021
December 31, 2020

Operating profit

Ordinary profit(Note) The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan (ASBJ) Statement No. 29 ), etc. has been applied
since the beginning of the six months of the consolidated fiscal year under review. As a result, the accounting treatment of revenue
differs from that of the six months of the previous fiscal year. Therefore, Consolidated Financial Results is provided without
stating the amount of the year-on-year comparison (%) .

(2) Consolidated financial position

As of December 31, 2021
As of March 31, 2021
(Reference) Shareholders’ equity:

Total assets
Net assets
Million Yen
Million Yen
416,921259,388394,086
247,648
As of December 31, 2021
As of March 31, 2021

Equity ratio%62.1
62.7
258,704 million Yen
246,931 million Yen(Note) The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan (ASBJ) Statement No. 29 ), etc. has been applied
since the beginning of the six months of the consolidated fiscal year under review. As a result, the accounting treatment of revenue
differs from that of the six months of the previous fiscal year.

2. Dividends
FirstSecond
For the fiscal year ended
YenYenMarch 31, 2021
－0.00
March 31, 2022
－0.00
For the fiscal year ending
March 31, 2022
(Forecast)(Note) Changes to most recent dividend forecast: NoneThirdFiscalTotalYen－Yen
21.00

Yen
21.00

－22.0022.00

3. Forecast of Consolidated Financial Results for the Fiscal Year Ending March 31, 2022
(April 1, 2021 to March 31, 2022)
Net Sales

Operating profit

Million Yen% Million Yen
820,000
24,000
Full year－(Note) Changes to most recent financial results forecast: None

Ordinary profit%－

Million Yen
26,000%－(% figures show year-on-year change)
Profit attributable
Earnings per shareto owners of parent
Million Yen%Yen
16,500－56.35(Note) The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan (ASBJ) Statement No. 29 ), etc. has been applied
since the beginning of the six months of the consolidated fiscal year under review. As a result, the accounting treatment of revenue
differs from that of the six months of the previous fiscal year. Therefore, the Forecast of Consolidated Financial Results is provided without
stating the amount of the year-on-year comparison (%) .

1

ItohamYonekyu Holdings Inc. (2296)

Consolidated Financial Statements(1) Consolidated Balance Sheets(Million Yen)
As of March 31, 2021
ASSETS
Current assets
Cash and deposits
Notes and accounts receivable-trade
Merchandise and finished goods
Work in process
Raw materials and supplies
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles, netTools, furniture & fixtures, net
Land
Leased assets, net
Others, net
Total property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Investment securities
Retirement benefit asset
Other
Allowance for doubtful receivables
Total investments and other assets
Total non-current assets
Total Assets

2

As of December 31, 2021

50,95286,591
63,313
1,745
17,1746,617(10)
226,384

20,208126,222
71,421
1,268
20,136
10,944(16)
250,183

36,433
28,9191,468
25,7452,758
2,269
97,59536,192
28,315
1,451
25,9332,515
1,802
96,21019,5732,150
21,724

18,512
3,518
22,03029,331
12,162
6,993(105)
48,382
167,702394,086

29,011
12,981
6,603(99)
48,495
166,737
416,921

ItohamYonekyu Holdings Inc. (2296)(Million Yen)
As of March 31, 2021
Liabilities
Current liabilities
Notes and accounts payable-trade
Electronically recorded obligations
Short-term loans payable
Current portion of Long-term loans payable
Income taxes payable
Provision for bonuses
Provision for directors’ bonuses
Provision for loss on disaster
Other
Total current liabilities
Non-current liabilities
Long-term loans payable
Net defined benefit liability
Asset retirement obligations
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Capital stock
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Other accumulated comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Subscription rights to shares
Non-controlling interests
Total net assets
Total liabilities and net assets

3

As of December 31, 2021

56,615
1,660
25,704
155
4,149
6,397
147
467
27,743123,041

70,945
1,936
20,421
150
1,747
3,470
112
329
34,277
133,390

10,7171,725
1,475
9,47723,396
146,438

10,606
1,733
1,488
10,312
24,141
157,532

30,00396,624
116,989(3,624)
239,992

30,00396,615
129,268(4,150)251,737

7,298(329)(3,073)
3,042
6,939
131
585
247,648
394,086

6,474
(356)
(1,868)
2,716
6,967
118
565
259,388416,921

Consolidated Statements of Income and Comprehensive Income

ItohamYonekyu Holdings Inc. (2296)

Consolidated Statements of Income(April 1,2021 – December 31, 2021)

Net sales
Cost of goods sold
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Rent income
Insurance income
Share of profit in investments accounted for using theequity method
Subsidy income
Other
Total non-operating income
Non-operating expenses
Interest expenses
Rent on real estate
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Gain on sale of investment securities
Insurance income
Gain on donation of non-current assets
Other
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Loss on valuation of investment securities
Loss on compression of non-current assets
OthersTotal extraordinary losses
Profit before income taxes
Income taxes-current
Income taxes-deferred
Total income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent

4

Nine months ended
December 31, 2020
646,827
536,396
110,431
88,25922,172(Million Yen)
Nine months ended
December 31, 2021
655,708
550,913
104,795
81,66023,135

42
321
311
159

27
437
320
244

712

1,101

606
468
2,622

1,335
627
4,093

292
110
230
63324,161

237
100
93
432
26,796

55
6
3,003
3,065

555
134
906
24
1,126

249
469
12
731
26,495
7,182
923
8,106
18,38884
18,304

170
904
20
1,095
26,827
6,315
1,898
8,213
18,61330
18,582

ItohamYonekyu Holdings Inc. (2296)(Consolidated statements of comprehensive income)(April 1,2021 – December 31, 2021)

ProfitOther comprehensive income
Valuation difference on available-for- sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plan
Share of profit in investments accounted for using theequity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests

5

Nine months ended
December 31, 2020
18,388(Million Yen)
Nine months ended
December 31, 2021
18,6132,202(261)(570)
143(844)
(27)
883
(344)

(306)

346

1,207
19,596

13
18,627

19,54550

18,61016