トーホー（8142） – (Delayed)Consolidated Financial Results for the First Quarter of FY2022

Note:ThisdocumentisatranslationofapartoftheoriginalJapaneseversionandprovidedforreferencepurposesonly.IntheeventofanydiscrepancybetweentheJapaneseoriginalandthisEnglishtranslation,theJapaneseoriginalshallprevail.株式会社トーホーConsolidated Financial Resultsfor the Three Months Ended April 30, 2022[Japanese GAAP]June 10, 2022Company name: TOHO Co.,Ltd.Stock exchange listing: TokyoCode number: 8142URL: https://www.to-ho.co.jpRepresentative: Hiroyuki KogaContact: Toshiaki SatoPhone: 078-845-2431Scheduled date of filing quarterly securities report: June 13, 2022Scheduled date of commencing dividend payments: -Availability of supplementary briefing material on quarterly financial results: NoSchedule of quarterly financial results briefing session: NoExecutive DirectorRepresentative Director & President(Amounts of less than one million yen are rounded down)1. Consolidated Financial Results for the Three Months Ended April 30, 2022 (February 01, 2022 to April 30, 2022)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)Three months endedApril 30, 2022April 30, 2021(Note) Comprehensive income:Net salesOperating profitOrdinary profit%4.71.1Million yen48,01045,875Three months ended April 30, 2022:Three months ended April 30, 2021:Million yen317(306)%–¥¥Million yen401(118)%–614 million540 millionProfit attributable toowners of parentMillion yen1335713.5%]-%]%132.1-[[Basic earningsper shareDiluted earnings pershareYen12.375.33Yen–Three months endedApril 30, 2022April 30, 2021(2) Consolidated Financial PositionTotal assetsNet assetsCapital adequacy ratioAs ofApril 30, 2022January 31, 2022(Reference) Equity: As of April 30, 2022:Million yen90,02182,702As ofJanuary 31, 2022:Million yen20,78820,237¥¥20,481 million19,923 million%22.824.1　株式会社トーホー2. DividendsFiscal year ended January 31, 2022Fiscal year ending January 31, 2023Fiscal year ending January 31, 2023(Forecast)Annual dividends1stquarter-end2ndquarter-end3rdquarter-endYear-endTotalYen–Yen0.005.00Yen–Yen5.00Yen5.005.0010.00(Note) Revision to the forecast for dividends announced most recently:Yes3. Consolidated Financial Results Forecast for the Fiscal Year Ending January 31, 2023 (February 01, 2022 to January 31, 2023)Net salesOperating profit(% indicates changes from the previous corresponding period.)Basic earnings perProfit attributable toshareowners of parentOrdinary profitMillion yen% Million yen% Million yen% Million yenSix months ending July 31,2022Full year201,000(Note) Revision to the financial results forecast announced most recently:96,2001,2004006.67.1—657.45001,350Yes%-19.2150400Yen13.9437.19* Notes:(1) Changes in significant subsidiaries during the three 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 (including treasury shares):11,012,166 shares11,012,166 sharesApril 30, 2022:January 31, 2022:2) Total number of treasury shares atApril 30, 2022:January 31, 2022:255,358 shares255,338 shares3) Average number of shares duringThree months ended April 30, 2022:Three months ended April 30, 2021:10,756,808 shares10,756,936 shares* This document is exempt from quarterly review conducted by certified public accountants or an audit corporation.　Quarterly Consolidated Financial StatementsQuarterly Consolidated Balance SheetsAssetsCurrent assetsCash and depositsNotes and accounts receivable – tradeMerchandise and finished goodsRaw materials and suppliesOtherAllowance for doubtful accountsTotal current assetsNon-current assetsProperty, plant and equipmentBuildings and structures, netTotal property, plant and equipmentLandOther, netIntangible assetsGoodwillOtherTotal intangible assetsInvestments and other assetsInvestment securitiesShares of subsidiaries and associatesLeasehold depositsRetirement benefit assetOtherAllowance for doubtful accountsTotal investments and other assetsTotal non-current assetsTotal assets株式会社トーホー(Million yen)As of January 31,2022As of April 30,20228,70015,10810,814263,176(75)37,7508,79114,9773,69927,4686,1506836,8331,6354113,6723,8861,191(147)10,64944,95182,7029,44918,11213,757293,807(76)45,0818,77014,9773,68027,4296,1846536,8381,6224043,6223,9421,225(144)10,67344,94090,021　LiabilitiesCurrent liabilitiesNotes and accounts payable – tradeShort-term borrowingsIncome taxes payableProvision for bonusesProvision for point card certificatesProvision for product warrantiesAsset retirement obligationsOtherTotal current liabilitiesNon-current liabilitiesLong-term borrowingsProvision for place of business closingsRetirement benefit liabilityAsset retirement obligationsOtherTotal non-current liabilitiesTotal liabilitiesNet assetsShareholders’ equityShare capitalCapital surplusRetained earningsTreasury sharesTotal shareholders’ equityAccumulated other comprehensive incomeValuation difference on available-for-salesecuritiesDeferred gains or losses on hedgesForeign currency translation adjustmentRemeasurements of defined benefit plansTotal accumulated other comprehensive incomeNon-controlling interestsTotal net assetsTotal liabilities and net assets株式会社トーホー(Million yen)As of January 31,2022As of April 30,202223,55611,72969144824274443,19039,97718,99814589362,09122,48662,4645,3445,1009,198(639)19,004295016246091831420,23782,70228,66111,421310839-76344,15345,49720,32114619412,00923,73569,2335,3445,1009,277(639)19,083303156484281,39730620,78890,021　Quarterly Consolidated Statements of Income and Comprehensive IncomeQuarterly Consolidated Statements of Income (For the three months)For the three monthsended April 30,2021For the three monthsended April 30,2022株式会社トーホー(Million yen)48,01038,4299,5809,26331703596312631284240130324172760344213131(1)13345,87536,8469,0289,335(306)0316867239(118)31514513424513—76195713(86)(163)Selling, general and administrative expensesNet salesCost of salesGross profitOperating profit (loss)Non-operating incomeInterest incomeDividend incomeSubsidies for employment adjustmentOtherTotal non-operating incomeNon-operating expensesInterest expensesShare of loss of entities accounted for using equitymethodOtherTotal non-operating expensesOrdinary profit (loss)Extraordinary incomeGain on sale of non-current assetsGain on sale of investment securitiesTotal extraordinary incomeExtraordinary lossesImpairment lossesLoss on retirement of non-current assetsLoss on sale of investment securitiesLoss on store closingsTotal extraordinary lossesProfit (loss) before income taxesIncome taxesProfitProfit (loss) attributable to non-controlling interestsProfit attributable to owners of parent　Quarterly Consolidated Statements of Comprehensive Income (For the three months)株式会社トーホー(Million yen)For the three monthsended April 30,2021For the three monthsended April 30,2022ProfitOther comprehensive incomeValuation difference on available-for-sale securitiesDeferred gains or losses on hedgesForeign currency translation adjustmentRemeasurements of defined benefit plans, net of taxTotal other comprehensive incomeComprehensive incomeComprehensive income attributable toComprehensive income attributable to owners ofparentComprehensive income attributable to non-controllinginterests764910429(24)46454051723131815491(31)4826146112