Summary of Consolidated Financial Results for the Nine Months Ended November 30, 2021(Q3 FY2022) (Based on Japanese GAAP) January 12, 2022 Company name: Stock exchange listing: Tokyo ABC-MART, INC. Stock code: Representative: 2670 President and Representative Director URL http://www.abc-mart.co.jp/ir/ Minoru Noguchi Inquiries: Scheduled date to file Quarterly Securities Report: January 13, 2022 Director, Corporate Planning Office Manager Jo Kojima TEL 03-3476-5452 Scheduled date to commence dividend payments: Preparation of supplementary material on quarterly financial results: Yes – Holding of quarterly financial results meeting: 1. Consolidated financial results for the nine months ended November 30, 2021 (from March 1, 2021 to November 30, 2021) (for institutional investors and analysts) Yes (Amounts less than one million yen are rounded down) (1) Consolidated operating results (cumulative) Net sales Operating profit Percentages indicate year-on-year changes Profit attributable to owners of parent Ordinary profit Millions of yen 180,571 160,430 % Millions of yen 19,845 14,867 12.6 (21.0) % Millions of yen 20,475 15,862 33.5 (55.6) % Millions of yen 14,394 10,282 29.1 (53.8) % 40.0 (55.3) Nine months ended November 30, 2021 Nine months ended November 30, 2020 (Note) Comprehensive income: Nine months ended November 30, 2021 16,473 million yen (18.8%) Nine months ended November 30, 2020 13,867 million yen (△28.3%) Earnings per share Diluted earnings per share Yen 174.40 124.57 Yen – – Nine months ended November 30, 2021 Nine months ended November 30, 2020 (2) Consolidated financial position As of November 30, 2021 As of February 28, 2021 (Reference) Shareholders’ Equity: 2. Cash dividends Total assets Net assets Equity ratio Net assets per share Millions of yen 316,718 317,832 Millions of yen 281,385 278,943 % 88.4 87.3 Yen 3,391.31 3,363.55 As of November 30, 2021 279,916 million yen As of February 28, 2021 277,624 million yen 1st quarter-end 2nd quarter-end 3rd quarter-end Fiscal year-end Total Annual dividends per share Year ended February 28, 2021 Year ending February 28, 2022 Yen – – Yen 85.00 85.00 Yen – – Yen 85.00 Year ending February 28, 2022 (Forecast) (Note) Revisions to dividend forecasts published most recently: No 3. Forecast of consolidated financial results for the year ending February 28, 2022 (from March 1, 2021 to February 28, 2022) 85.00 Net sales Operating profit Ordinary profit Percentages indicate year-on-year changes Profit attributable to owners of parent Earnings per share Yen 170.00 170.00 % Millions of yen 30,400 (Note) Revisions to financial forecasts published most recently: No Millions of yen 254,600 Full year 15.6 % Millions of yen 31,200 55.8 % Millions of yen 20,950 46.6 % 9.0 Yen 253.82 1 4. Notes (1) Changes in significant subsidiaries during the nine months ended November 30, 2021 (changes in specified subsidiaries resulting in the change in scope of consolidation): (2) Application of special accounting methods for preparing quarterly consolidated financial statements: Yes (3) 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: Changes in accounting policies due to other reasons: Changes in accounting estimates: Restatement of prior period financial statements: No No No No No (4) Number of issued shares (common shares) Total number of issued shares at the end of the period (including treasury shares) As of November 30, 2021 82,539,646 shares As of February 28, 2021 82,539,646 shares Number of treasury shares at the end of the period As of November 30, 2021 470 shares As of February 28, 2021 470 shares Average number of shares during the period (cumulative from the beginning of the fiscal year) Nine months ended November 30, 2021 82,539,176 shares Nine months ended November 30, 2020 82,539,176 shares THIS QUARTERLY CONSOLIDATED FINANCIAL RESULTS STATEMENT IS EXEMPT FROM THE QUARTERLY REVIEW PROCEDURES. FORWARD LOOKING STATEMENTS AND OTHER SPECIAL ITEMS The forecast for the year ending February 28, 2022 is based on ABC-MART, INC.’s hypotheses, plans and estimates at the date of publication. It is possible that some uncertain factors will cause the Company’s future performance to differ significantly from the contents of forecast. 2 Quarterly consolidated financial statements Consolidated balance sheets As of February 28, 2021 As of November 30, 2021 (Millions of yen) 138,669 10,275 7,957 63,356 4,997 (34) 225,222 33,283 (17,900) 15,382 16,091 (11,092) 4,998 17,078 221 457 (391) 66 37,748 740 1,199 3,126 5,066 17,161 2,563 1,495 25,453 2,523 613 (16) 49,795 92,610 317,832 126,721 14,807 9,944 65,399 5,209 (67) 222,013 35,424 (18,829) 16,594 17,212 (12,444) 4,767 16,518 2,910 462 (400) 62 40,854 486 695 3,805 4,987 16,601 2,563 1,471 25,503 2,241 496 (16) 48,862 94,704 316,718 Assets Current assets Cash and deposits Notes and accounts receivable – trade Securities Inventories Other Allowance for doubtful accounts Total current assets Non-current assets Property, plant and equipment Buildings and structures Accumulated depreciation Buildings and structures, net Tools, furniture and fixtures Accumulated depreciation Tools, furniture and fixtures, net Land Construction in progress Other Accumulated depreciation Other, net Total property, plant and equipment Intangible assets Trademark right Goodwill Other Total intangible assets Investments and other assets Investment securities Shares of subsidiaries and associates Long-term loans receivable Leasehold and guarantee deposits Deferred tax assets Other Allowance for doubtful accounts Total investments and other assets Total non-current assets Total assets 3 As of February 28, 2021 As of November 30, 2021 (Millions of yen) Liabilities Current liabilities Notes and accounts payable – trade Short-term borrowings Income taxes payable Provision for bonuses Provisions Asset retirement obligations Notes payable – facilities Other Total current liabilities Non-current liabilities Retirement benefit liability Asset retirement obligations Other Total non-current liabilities Total liabilities Net assets Shareholders’ equity Share capital Capital surplus Retained earnings Treasury shares Total shareholders’ equity Accumulated other comprehensive income Valuation difference on available-for-sale securities Foreign currency translation adjustment Total accumulated other comprehensive income Non-controlling interests Total net assets Total liabilities and net assets 14,468 1,232 8,720 996 237 152 782 10,554 37,145 552 359 831 1,743 38,888 19,972 24,043 224,811 (2) 268,825 2,229 6,569 8,799 1,318 278,943 317,832 15,279 1,765 2,496 1,798 197 178 829 10,834 33,380 790 348 813 1,952 35,332 19,972 24,043 225,175 (2) 269,189 3,069 7,657 10,727 1,469 281,385 316,718 4Consolidated statements of income (cumulative) and consolidated statements of comprehensive income (cumulative) Consolidated statements of income (cumulative) (Millions of yen) Nine months ended November 30, 2020 Nine months ended November 30, 2021 160,430 78,907 81,523 2,656 4,232 2,335 17,522 379 1,716 374 2,928 18,173 3,744 1,496 4,317 1,134 577 5,063 66,655 14,867 48 304 51 707 25 344 3 362 120 486 180,571 87,601 92,970 2,812 4,733 2,121 19,074 388 1,797 550 2,957 20,166 4,025 1,530 5,066 1,232 583 6,082 73,124 19,845 49 90 8 783 25 180 18 463 27 509 1,481 1,139 15,862 20,475 Net sales Cost of sales Gross profit Selling, general and administrative expenses Packing and transportation costs Advertising expenses Storage costs Remuneration, salaries and allowances for directors (and other officers) Total selling, general and administrative expenses Bonuses Provision for bonuses Retirement benefit expenses Legal and other welfare expenses Rent expenses on land and buildings Depreciation Utilities expenses Commission expenses Taxes and dues Amortization of goodwill Other Operating profit Non-operating income Interest income Dividend income Foreign exchange gains Rent Income for house Advertising medium income Other Total non-operating income Non-operating expenses Interest expenses Rental expenses Other Total non-operating expenses Ordinary profit 5 Nine months ended November 30, 2020 Nine months ended November 30, 2021 (Millions of yen) 5 420 774 1,200 131 272 1,308 16 1,728 15,334 4,987 (45) 4,942 10,392 110 10,282 1,381 803 74 502 149 190 285 – 624 21,231 6,906 (97) 6,808 14,423 28 14,394 Extraordinary income Gain on sales of non-current assets Gain on sales of investment securities Employment adjustment subsidies for covid19 Total extraordinary income Extraordinary losses Loss on retirement of non-current assets Impairment loss Loss due to covid19 Other Total extraordinary losses Profit before income taxes Income taxes – current Income taxes – deferred Total income taxes Profit Profit attributable to non-controlling interests Profit attributable to owners of parent 6Consolidated statements of comprehensive income (cumulative) Nine months ended November 30, 2020 Nine months ended November 30, 2021 (Millions of yen) Profit Other comprehensive income Valuation difference on available-for-sale securities Foreign currency translation adjustment Total other comprehensive income Comprehensive income Comprehensive income attributable to Comprehensive income attributable to owners of parent Comprehensive income attributable to non-controlling interests 10,392 5,292 (1,816) 3,475 13,867 13,757 110 14,423 839 1,210 2,050 16,473 16,322 150 7
