Coly : Summary of Financial Results for the second quarter 2022

Non-consolidated Financial Results

for the Six Months Ended July 31, 2021

[Japanese GAAP]

September 14, 2021

Company name: coly Inc.

Stock exchange listing: Tokyo Stock Exchange

Code number: 4175

URL: https://colyinc.com

Representative: Mizuki Nakajima, CEO

Contact: Hirona Murakami, General Manager

Phone: [phone]

Scheduled date of filing quarterly securities report: September 14, 2021

Scheduled date of commencing dividend payments: -

Availability of supplementary explanatory materials on quarterly financial results: Available

Schedule of quarterly financial results briefing session: Scheduled

				(Amounts of less than one million yen are rounded down.)
1. Financial Results for the Six Months Ended July 31, 2021 (February 1, 2021 - July 31, 2021)
(1) Operating Results			(% indicates changes from the previous corresponding period.)
		Net sales		Operating profit		Ordinary profit		Profit
Six months ended		Million yen	%	Million yen	%	Million yen	%	Million yen	%
July 31, 2021		2,943	-	713		-	682	-	425	-
July 31, 2020		-	-	-	-	-	-	-	-
		Basic earnings	Diluted earnings
		per share		per share
Six months ended	Yen		Yen
July 31, 2021	79.81		-
July 31, 2020	-		-

(Notes) 1. For the six months ended July 31, 2020, figures and changes from the previous corresponding period are not presented as quarterly financial statements were not prepared. Therefore, changes from the previous corresponding period for the six months ended July 31, 2021 are not presented, either.

1. 2. Diluted earnings per share are not presented as diluted shares did not exist.

2. Financial Position

	Total assets	Net assets	Equity ratio
	Million yen	Million yen	%
As of July 31, 2021	7,126	6,380	89.5
As of January 31, 2021	3,522	2,144	60.9

(Reference) Equity: As of July 31, 2021: ¥6,380 million As of January 31, 2021: ¥2,144 million

2. Dividends

						Annual dividends
		1st quarter-end		2nd quarter-end		3rd quarter-end	Year-end	Total
Fiscal year ended		Yen		Yen		Yen	Yen	Yen
	-	0.00		-	0.00	0.00
January 31, 2021
Fiscal year ending		-	0.00
January 31, 2022
Fiscal year ending
January 31, 2022							-	0.00	0.00
(Forecast)

(Note) Revision to the forecast for dividends announced most recently: None

3. Financial Results Forecast for the Fiscal Year Ending January 31, 2022 (February 1, 2021 - January 31, 2022) (% indicates changes from the previous corresponding period.)

	Net sales		Operating profit	Ordinary profit	Profit		Basic earnings
			per share
	Million yen	%	Million yen	%	Million yen	%	Million yen	%	Yen
Full year	7,689	21.4	2,203	6.4	2,174	5.0	1,373	(2.2)	253.52
(Note) Revision to	the financial results	forecast announced	most recently: None

The Company listed its shares on the Tokyo Stock Exchange Mothers market on February 26, 2021. When listed on the market, the Company issued 804,000 common shares by way of public offering conducted on February 25, 2021 and 198,900 common shares by way of third-party allotment in connection with the secondary offering of its shares through over-allotment conducted on March 29, 2021. Basic earnings per share in the above table are calculated based on the average number of shares during the period in consideration of such effects.

* Notes:

1. Accounting methods adopted particularly for the preparation of quarterly financial statements: Yes
2. Changes in accounting policies, changes in accounting estimates and retrospective restatement
3. 1. Changes in accounting policies due to the revision of accounting standards: None
   2. Changes in accounting policies other than 1) above: None
   3. Changes in accounting estimates: None
   4. Retrospective restatement: None
4. Total number of issued and outstanding shares (common shares)
5. 1. Total number of issued and outstanding shares at the end of the period (including treasury shares):

July 31, 2021:	5,502,900 shares
January 31, 2021:	4,500,000 shares

2) Total number of treasury shares at the end of the period:
July 31, 2021:	- shares
January 31, 2021:	- shares

3) Average number of shares during the period:
Six months ended July 31, 2021:	5,334,754 shares
Six months ended July 31, 2020:	- shares

(Note) The figure for average number of shares during the period for the six months ended July 31, 2020 is not presented as quarterly financial statements were not prepared.

• These quarterly financial results are outside the scope of quarterly review by certified public accountants or an audit firm.

• Explanation of the proper use of financial results forecast and other notes (Note regarding forward-looking statements, etc.)
  The earnings forecasts and other forward-looking statements herein are based on information available to the Company as of the date of publication of this document and certain assumptions deemed reasonable, and do not represent a commitment from the Company that they will be achieved. In addition, actual financial results, etc. may differ significantly due to a wide range of factors.

(Access to supplementary explanatory materials on financial results)

The Company is scheduled to hold an online financial results briefing session for institutional investors and securities analysts on Tuesday, September 21, 2021. Supplementary explanatory materials on financial results are scheduled to be posted on the Company's website on Thursday, September 16, 2021, as well.