ティビィシィ・スキヤツト（3974） – Consolidated Financial Results for the Six Months Ended April 30, 2022 [Japanese GAAP]

Note:ThisdocumentisatranslationofapartoftheoriginalJapaneseversionandprovidedforreferencepurposesonly.IntheeventofanydiscrepancybetweentheJapaneseoriginalandthisEnglishtranslation,theJapaneseoriginalshallprevail.株式会社ティビィシィ・スキヤツトConsolidated Financial Resultsfor the Six Months Ended April 30, 2022[Japanese GAAP]Company name: TBCSCAT Inc.Stock exchange listing: TokyoCode number: 3974URL: http://www.tbcscat.jp/Representative: Nagashima HideoContact: Nishio ShinobuPhone: 03(5623)9670Scheduled date of filing quarterly securities report: June 10, 2022Scheduled date of commencing dividend payments: July 11, 2022Availability of supplementary briefing material on quarterly financial results: YesSchedule of quarterly financial results briefing session: NoJune 09, 2022President and CEODirector,General Manager of Accounting and Finance Division(Amounts of less than one million yen are rounded down)1. Consolidated Financial Results for the Six Months Ended April 30, 2022 (November 01, 2021 to April 30, 2022)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)Net salesOperating profitOrdinary profitSix months endedApril 30, 2022April 30, 2021(Note) Comprehensive income:Million yen1,3021,236%5.4(5.9)Six months ended April 30, 2022:Six months ended April 30, 2021:Million yen137106%28.531.5Million yen136106Profit attributable toowners of parentMillion yen4381%(46.2)60.1[[(45.6) %]64.3%]%27.728.845 million83 millionBasic earningsper shareDiluted earnings pershareSix months endedApril 30, 2022April 30, 2021(2) Consolidated Financial PositionYen10.0518.75¥¥Yen–Total assetsNet assetsCapital adequacy ratioAs ofApril 30, 2022October 31, 2021(Reference) Equity: As of April 30, 2022:Million yen3,5963,714As of October 31, 2021:Million yen2,1412,316¥¥2,141 million2,316 million%59.562.4　株式会社ティビィシィ・スキヤツト2. DividendsFiscal year ended October 31, 2021Fiscal year ending October 31, 2022Fiscal year ending October 31, 2022(Forecast)Annual dividends1stquarter-end2ndquarter-end3rdquarter-endYear-endTotalYen–Yen0.004.00Yen–Yen7.00Yen7.004.008.00(Note) Revision to the forecast for dividends announced most recently:(Note) Breakdown of the 2nd quarter dividend for the fiscal year ending October 31, 2022 :NoCommemorative dividendSpecial dividend- yen- yen3. Consolidated Financial Results Forecast for the Fiscal Year Ending October 31, 2022(November 01, 2021 to October 31, 2022)Net salesOperating profitOrdinary profit%Full year10.0(Note) Revision to the financial results forecast announced most recently:Million yen2,546Million yen198%2.5Million yen198%9.6NoProfit attributable toowners of parentMillion yen129%6.9Basic earningsper shareYen29.57(% indicates changes from the previous corresponding period.)* Notes:(1) Changes in significant subsidiaries during the six months ended April 30, 2022(changes in specified subsidiaries resulting in changes in scope of consolidation):NewExclusion:(Company name:(Company name:–No))(2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements:No(3) Changes in accounting policies, changes in accounting estimates and retrospective restatement1) Changes in accounting policies due to the revision of accounting standards: Yes2) Changes in accounting policies other than 1) above: No3) Changes in accounting estimates: No4) Retrospective restatement: No(4) Total number of issued shares (common shares)1) Total number of issued shares at the end of the period (including treasury shares):April 30, 2022:October 31, 2021:5,240,000 shares5,240,000 shares2) Total number of treasury shares at the end of the period:April 30, 2022:October 31, 2021:1,321,254 shares822,929 shares3) Average number of shares during the period:Six months ended April 30, 2022:Six months ended April 30, 2021:4,370,662 shares4,358,728 shares　Quarterly Consolidated Financial StatementsQuarterly Consolidated Balance SheetsAssetsCurrent assetsCash and depositsAccounts receivable – tradeMerchandiseWork in processOtherAllowance for doubtful accountsTotal current assetsNon-current assetsProperty, plant and equipmentBuildings and structuresAccumulated depreciationBuildings and structures, netLandOtherAccumulated depreciationOther, netTotal property, plant and equipmentIntangible assetsSoftwareSoftware in progressGoodwillOtherTotal intangible assetsInvestments and other assetsDeferred tax assetsOtherAllowance for doubtful accountsTotal investments and other assetsTotal non-current assetsTotal assets株式会社ティビィシィ・スキヤツトAs of October 31,2021As of April 30,2022(Thousand yen)1,726,985185,69339,9833,72628,428(171)1,984,6451,890,902(1,070,803)820,099319,248163,914(137,904)26,0101,165,35862,167205,88466,689494335,237155,43590,538(16,693)229,2801,729,8763,714,5211,526,449260,37036,1773,33488,524(287)1,914,5681,835,170(1,087,437)747,732319,248166,224(143,099)23,1241,090,106232,14751,95459,2795,199348,582167,98291,411(16,148)243,2451,681,9343,596,502　LiabilitiesCurrent liabilitiesAccounts payable – tradeShort-term borrowingsCurrent portion of long-term borrowingsAccrued expensesIncome taxes payableProvision for bonusesOtherTotal current liabilitiesNon-current liabilitiesLong-term borrowingsProvision for retirement benefits for directors (andother officers)Provision for share awardsRetirement benefit liabilityOtherTotal non-current liabilitiesTotal liabilitiesNet assetsShareholders’ equityShare capitalCapital surplusRetained earningsTreasury sharesTotal shareholders’ equityAccumulated other comprehensive incomeValuation difference on available-for-salesecuritiesTotal accumulated other comprehensive incomeTotal net assetsTotal liabilities and net assets株式会社ティビィシィ・スキヤツト(Thousand yen)As of October 31,2021As of April 30,202242,828200,00085,680135,31852,41979,65496,761692,661303,88018,36510,548340,42631,855705,0751,397,737200,000338,3391,996,498(214,716)2,320,122(3,337)(3,337)2,316,7843,714,52153,986200,00075,680132,55145,46165,927201,188774,795271,04018,36514,973340,15635,878680,4131,455,208200,000338,3392,007,969(403,346)2,142,963(1,668)(1,668)2,141,2943,596,502　Quarterly Consolidated Statements of Income and Comprehensive IncomeQuarterly Consolidated Statements of Income (For the six months)株式会社ティビィシィ・スキヤツトFor the six monthsended April 30,2021For the six monthsended April 30,2022Selling, general and administrative expensesNet salesCost of salesGross profitOperating profitNon-operating incomeInterest incomeDividend incomeFacility rental feeSubsidy incomeOtherGain on sale of investment securitiesTotal non-operating incomeNon-operating expensesInterest expensesOtherTotal non-operating expensesOrdinary profitExtraordinary incomeSubsidies incomeGain on sale of non-current assetsTotal extraordinary incomeExtraordinary lossesLoss on COVID19Loss on sale of non-current assetsLoss on retirement of non-current assetsImpairment lossesTotal extraordinary lossesProfit before income taxesIncome taxes – currentIncome taxes – deferredTotal income taxesProfitProfit attributable to owners of parent(Thousand yen)1,302,944736,478566,465429,050137,4156–8461002091,1621,5634402,00310,64810,64819,805—56,06175,86671,35640,704(13,277)27,42643,93043,9301,236,607709,033527,573420,654106,91960258866435422,1041,8132642,07724,9937,64132,63426,85828132-27,018112,56130,858(25)30,83281,72981,729106,945136,574　Quarterly Consolidated Statements of Comprehensive Income (For the six months)株式会社ティビィシィ・スキヤツトFor the six monthsended April 30,2021For the six monthsended April 30,2022(Thousand yen)81,7292,1142,11483,84383,84343,9301,6681,66845,59945,599ProfitOther comprehensive incomeValuation difference on available-for-sale securitiesTotal other comprehensive incomeComprehensive incomeComprehensive income attributable toComprehensive income attributable to owners ofparent　Quarterly Consolidated Statements of Cash FlowsCash flows from operating activitiesProfit before income taxesDepreciationImpairment lossesAmortization of goodwillIncrease (decrease) in allowance for doubtful accountsInterest and dividend incomeLoss (gain) on sale of investment securitiesInterest expensesLoss (gain) on sale of property, plant and equipmentLoss on retirement of non-current assetsIncrease (decrease) in provision for retirement benefitsfor directors (and other officers)Increase (decrease) in retirement benefit liabilityIncrease (decrease) in provision for share awardsIncrease (decrease) in provision for bonusesDecrease (increase) in trade receivablesDecrease (increase) in inventoriesIncrease (decrease) in trade payablesIncrease (decrease) in accrued expensesIncrease (decrease) in advances receivedOther, netSubtotalInterest and dividends receivedInterest paidIncome taxes refundIncome taxes paidNet cash provided by (used in) operating activitiesCash flows from investing activitiesPurchase of property, plant and equipmentProceeds from sale of property, plant and equipmentPurchase of intangible assetsPurchase of investment securitiesProceeds from sale of investment securitiesOther, netNet cash provided by (used in) investing activitiesCash flows from financing activitiesRepayments of long-term borrowingsRepayments of lease obligationsPurchase of treasury sharesProceeds from sale of treasury sharesDividends paidNet cash provided by (used in) financing activitiesNet increase (decrease) in cash and cash equivalentsCash and cash equivalents at beginning of periodCash and cash equivalents at end of period株式会社ティビィシィ・スキヤツトFor the six monthsended April 30,2021For the six monthsended April 30,2022(Thousand yen)112,56149,908-7,409(16)(6)(25)1,813(7,613)132(22,950)1,696-(5,378)32,601(19,341)2,233(81,670)4,707(24,242)51,8206(1,855)25,027(22,175)52,823(3,432)31,130(40,136)(34,080)35120(46,362)(40,840)(1,286)-34,127(28,882)(36,880)(30,420)1,574,7691,544,34971,35659,06556,0617,409(428)(6)1,563(269)4,424(13,727)(74,677)4,54211,158(2,766)2,856(53,575)72,9866(1,519)1,504(47,502)25,476(6,879)100,000(53,106)——-12040,133(42,840)(1,285)(189,665)(32,354)(266,145)(200,535)1,726,9851,526,449