グローセル（9995） – 【Delayed】Consolidated Financial Results for the Fiscal Year Ended March 31, 2022 [Japanese GAAP]

Disclaimer: This document is an English translation of the original document in Japanese and has been prepared solely for reference purposes. In the event of any discrepancy between this English translation and the original in Japanese, the original shall prevail in all respects. Consolidated Financial Results for the Fiscal Year Ended March 31, 2022 [Japanese GAAP] May 16, 2022 Company name: Glosel Co., Ltd. Stock exchange listing: Tokyo Stock Exchange Code number: 9995 URL: https://www.glosel.co.jp/ Representative: Akihiko Okabe, President, Representative Director Contact: Takefumi Ueno, Vice President, Director Phone: +81-3-6275-0600 Scheduled date of general shareholders’ meeting: June 28, 2022 Scheduled date of commencing dividend payments: June 8, 2022 Scheduled date of filing annual securities report: June 28, 2022 Availability of supplementary explanatory materials on annual financial results: Available Schedule of annual financial results briefing session: Scheduled (for analysts) (Amounts of less than one million yen are rounded down.) 1. Consolidated Financial Results for the Fiscal Year Ended March 31, 2022 (April 1, 2021 – March 31, 2022) (1) Consolidated Operating Results (% indicates changes from the previous corresponding period.) Profit attributable to owners of parent Ordinary profit Operating profit Net sales Fiscal year ended March 31, 2022 March 31, 2021 (Note) Comprehensive income: Fiscal year ended March 31, 2022: ¥(50 million) [–%] Fiscal year ended March 31, 2021: ¥177 million [–%] % Million yen 1,199 – (261) – % Million yen 953 (493) Million yen 67,259 59,861 12.4 (12.8) % Million yen (362) – (367) – % – – Basic earnings per share Diluted earnings per share Return on equity Ratio of ordinary profit to total assets Ratio of operating profit to net sales Fiscal year ended March 31, 2022 March 31, 2021 (Reference) Equity in earnings of affiliated companies: Yen (14.84) (15.17) Yen – – % (1.6) (1.6) % 3.3 (0.8) % 1.4 (0.8) Fiscal year ended March 31, 2022: ¥– million Fiscal year ended March 31, 2021: ¥– million (2) Consolidated Financial Position Total assets As of March 31, 2022 As of March 31, 2021 (Reference) Equity: As of March 31, 2022: ¥22,280 million As of March 31, 2021: ¥22,501 million Million yen 38,682 33,653 Million yen 22,280 22,501 (3) Consolidated Cash Flows Net assets Equity ratio Net assets per share Yen 903.01 924.87 % 57.6 66.9 Cash flows from operating activities Cash flows from investing activities Cash flows from financing activities Fiscal year ended March 31, 2022 March 31, 2021 Million yen (5,163) (2,591) Million yen 333 (356) Cash and cash equivalents at year-end Million yen 2,625 3,395 Million yen 3,761 1,260 2. Dividends Fiscal year ended March 31, 2021 Fiscal year ended March 31, 2022 Fiscal year ending March 31, 2023 (forecast) 2023) First half Full year Total dividends (annual) Payout ratio (consolidated) Total Annual dividends 3rd quarter-end 2nd quarter-end Year-end 1st quarter-end Yen Yen 0.00 0.00 0.00 – – – – – – Yen Yen Yen Million yen 12.00 12.00 12.00 12.00 312 312 % (79.1) (80.8) 12.00 12.00 51.5 Ratio of dividends to net assets (consolidated) % 1.3 1.3 3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2023 (April 1, 2022 – March 31, (% indicates changes from the previous corresponding period.) Net sales Operating profit Ordinary profit Million yen 30,500 65,000 % Million yen 290 755 (4.2) (3.4) % Million yen 310 750 (6.7) (20.8) (14.5) (37.5) Profit attributable to owners of parent % – – % Million yen 230 570 Basic earnings per share Yen 9.41 23.32 * Notes: (1) Changes in significant subsidiaries during the fiscal year under review: None (Changes in specified subsidiaries resulting in changes in scope of consolidation) (2) Changes in accounting policies, changes in accounting estimates and retrospective restatement 1) Changes in accounting policies due to the revision of accounting standards: Yes 2) Changes in accounting policies other than 1) above: None 3) Changes in accounting estimates: None 4) Retrospective restatement: None (3) Total number of issued and outstanding shares (common shares) 1) Total number of issued and outstanding shares at the end of the year (including treasury shares): March 31, 2022: March 31, 2021: March 31, 2022: March 31, 2021: 2) Total number of treasury shares at the end of the year: 26,426,800 shares 26,426,800 shares 1,753,245 shares 2,097,045 shares 3) Average number of shares during the year: Year ended March 31, 2022: Year ended March 31, 2021: 24,443,187 shares 24,217,195 shares The total number of treasury shares at the end of the year indicated for March 31, 2022 includes a total of 1,379,880 shares held in the ESOP (Employee Stock Ownership Plan) trust and board benefit trust accounts. (Reference) Summary of Non-consolidated Financial Results 1. Non-consolidated Financial Results for the Fiscal Year Ended March 31, 2022 (April 1, 2021 – March 31, 2022) (1) Non-consolidated Operating Results Net sales (% indicates changes from the previous corresponding period.) Operating profit Ordinary profit Net income Million yen 53,281 48,437 % Million yen 328 (941) 10.0 (13.5) % Million yen 818 – (608) – % Million yen (569) – (589) – % – – Year ended March 31, 2022 March 31, 2021 Year ended March 31, 2022 March 31, 2021 Basic earnings per share Diluted earnings per share Yen (23.31) (24.36) Yen – – (2) Non-consolidated Financial Position Total assets As of March 31, 2022 As of March 31, 2021 (Reference) Equity: As of March 31, 2022: ¥18,099 million As of March 31, 2021: ¥18,899 million Million yen 29,893 27,272 Million yen 18,099 18,899 Net assets Equity ratio Net assets per share Yen 733.54 776.81 % 60.5 69.3 * These consolidated financial results are outside the scope of audit by certified public accountants or an audit firm.