アイペットホールディングス（7339） – Summary of Consolidated Financial Results for the 3rd Quarter Ended December 31, 2021 [Japan GAAP]

Summary of Consolidated Financial Results for the 3rd Quarter Ended December 31, 2021 [Japan GAAP] ipet Holdings, Inc. 7339 Atsuko Yasuda, Representative Director and CEO Yuta Kudo, Director and CFO Company Stock Code Representative Contact Expected date of filing of quarterly report: February 10, 2022 Preparation of quarterly supplementary material for financial results: Yes Quarterly results briefing: None February 7, 2022 Listed on the TSE URL: https://www.ipet-hd.com E-mail: ir@ipet-hd.com Expected starting date of dividend payment: – The Company discloses its operating results based on both internal indicators used by managements’ decision making (“Non-GAAP Indicator”) and indicators based on Japanese GAAP (“J-GAAP Indicators”). The difference between the two indicators is method of calculating policy reserves, which is based on the unearned premium method for Non-GAAP indictor and the initial year balance method for J-GAAP indicator. For details, please refer to page 21 and page 40 of the supplementary material for financial results. （Rounded down to million yen） 1. Consolidated business results for the Nine months ended December 2021 (April 1, 2021 through December 31, 2021) (1) ① Consolidated results of operations based on the unearned premium method (Non-GAAP) Recurring revenue Recurring profit (% change from the previous corresponding period) Net income attributable to owners of parent Nine months ended Dec. 2021 Nine months ended Dec. 2020 Million yen 21,006 16,584 % Million yen % Million yen 26.7 – 473 254 86.3 – 300 148 % 101.7 – Net income per share Diluted net income per share Yen 27.72 13.77 Yen 27.36 13.57 Nine months ended Dec. 2021 Nine months ended Dec. 2020 (Reference) Adjusted recurring profit Nine months ended Dec. 2021: 1,121 million yen Nine months ended Dec. 2020: 777 million yen Adjusted net income Nine months ended Dec. 2021: 766 million yen Nine months ended Dec. 2020: 525 million yen Adjusted net income per share Nine months ended Dec. 2021: 70.81 yen Nine months ended Dec. 2020: 48.63 yen Diluted net income per share Nine months ended Dec. 2021: 69.89 yen Nine months ended Dec. 2020: 47.92 yen previous fiscal year are not presented. (Note) Since the Company was established on October 1, 2020 through a sole-share transfer, % change from the previous corresponding period of the ② Consolidated results of operations based on the initial year balance method (J-GAAP) Recurring revenue Recurring profit (% change from the previous corresponding period) Net income attributable to owners of parent % Million yen % Million yen 26.7 – 142 317 -55.1 – 61 194 % -68.2 – Nine months ended Dec. 2021 Nine months ended Dec. 2020 (Note) Comprehensive profit Million yen 21,006 16,584 Nine months ended December 2021: 22 million yen (-92.4%) Nine months ended December 2020: 296 million yen ( － %) － 1 － Net income per share Diluted net income per share Nine months ended Dec. 2021 Nine months ended Dec. 2020 Yen 5.71 17.99 Yen 5.63 17.72 (Note) Since the Company was established on October 1, 2020 through a sole-share transfer, % change from the previous corresponding period of the previous fiscal year are not presented. (2) Consolidated financial position Total assets Net assets Million yen 20,972 17,408 Million yen 5,028 4,992 Shareholders’ equity ratio % 24.0 28.7 As of Dec. 2021 As of Mar. 2021 (Reference) Shareholders’ equity As of December 2021: 5,028 million yen As of March 2021: 4,992 million yen 2. Dividends End of 1Q Year ended Mar. 2021 Year ending Mar. 2022 Year ending Mar. 2022 (forecast) Yen – – (Note 1) Revisions to dividend forecast for the current quarter: None (Note 2) Since the Company was established on October 1, 2020 through a sole-share transfer, results until the second quarter of the previous fiscal Yen – 0.00 Yen 0.00 0.00 Yen – – End of 2Q Year-end Total Yen 0.00 0.00 Annual dividend End of 3Q year are not presented. 3．Forecast of consolidated business results based on the unearned premium method for the fiscal year ending March 2022 (Non-GAAP) (April 1, 2021 through March 31, 2022) Recurring revenue Recurring profit Net income per share Year ending Mar. 2022 28,600 25.0 250 -37.7 80 – Million yen % Million yen % Yen 7.39 (% change from the previous corresponding period) Net income attributable to owners of parent Million yen % (Note 1) Revisions to business forecast for the current fiscal year: Yes (Reference) Adjusted recurring profit Year ending Mar. 2022: 1,130 million yen (1.0%) Adjusted net income Year ending Mar. 2022: 710 million yen (－%) In addition to the above, the status of LTV (Life Time Value), etc., as an important performance indicator of our group, is disclosed in the supplementary material for financial results. － 2 － (1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes *Notes in the scope of consolidation): None (2) Changes in accounting policies, accounting estimates and restatement ①Changes in accounting policies associated with revision of accounting standards: ②Changes in accounting policies other than ① ③Changes in accounting estimates ④Restatement : Yes : None : None : None (3) Shares outstanding (common shares) ①Number of shares outstanding at the end of period (treasury shares included) As of December 2021 As of March 2021 10,853,773 shares 10,811,773 shares ②Number of treasury shares at the end of period As of December 2021 As of March 2021 42 shares 42 shares ③Average number of shares during period (quarterly cumulative period) Nine months ended December 2021 Nine months ended December 2020 10,824,487 shares 10,802,219 shares *Quarterly financial summary is not subject to the quarterly review procedures by certified public accountants or auditing firms. *Explanation regarding appropriate use of business forecasts and other special instructions (Notes on forward-looking statements) Above forecasts are based on information currently available to the Company and certain assumptions that the Company deems to be reasonable at the time this report was prepared. The Company does not make promises about the achievements. Actual results may differ significantly from the forecasts due to various factors. (Supplementary material for quarterly financial results) Supplementary material for quarterly financial results will be disclosed on TDnet and posted on the Company’s website immediately after the announcement of financial results. － 3 －