Corona : Summary of Financial Results 2021

Document and entity information
	Mar 2021
Company information
Company information
FASF member mark	true
Document name	決算短信〔日本基
準〕(連結)
Filing date	2021-05-07
Company name	CORONA
CORPORATION
Stock exchange listings
Tokyo	true
Tokyo 1st section	true
Tokyo 2nd section	-
Tokyo Mothers	-
Tokyo JASDAQ	-
Tokyo PRO Market	-
Tokyo Others	-
Nagoya	-
Nagoya 1st section	-
Nagoya 2nd section	-
Nagoya Centrex	-
Nagoya Others	-
Sapporo	-
Sapporo	-
Sapporo Ambitious	-
Sapporo Others	-
Fukuoka	-
Fukuoka	-
Fukuoka Q-Board	-
Fukuoka Others	-
Green Sheet	-
Japan Securities Dealers Association	-
Securities code	59090
URL	https://www.corona.c
o.jp/
Business category
General Business	true
Specific Business	-
Fiscal Year End	2021-03-31
Representative
Title	代表取締役社長
Name	小林 一芳
Inquiries
	取締役副社長執行役
Title	員経理部担当兼ＩＴ
	企画室担当
Name	大桃 満
Tel	0256-32-2111
Other
Date of general shareholders'meeting (as planned)	2021-06-25
Dividend payable date (as planned)	2021-06-28
Annual securities report filing date (as planned)	2021-06-28
Supplemental material of annual results	true
Way of getting	-
Convening briefing of annual results	-
Target audience	-
Note to fraction processing method	(百万円未満切捨て)

Business Results-Operating results

(in millions of yens)

	Mar 2021	Mar 2020
Operating results
Operating results
Consolidated operating results
Consolidated income statements information
Net sales
Net sales	82,169	78,711
% change	4.4	-5.4
Operating profit
Operating profit	963	517
% change	85.9	-68.4
Ordinary profit
Ordinary profit	1,283	792
% change	62.0	-58.9
Profit attributable to owners of parent
Profit attributable to owners of parent	626	385
% change	62.2	-69.1
Note to consolidated income statements information
Comprehensive income
Comprehensive income	2,832	-734
Change in comprehensive income	-	-
Other consolidated operating results
Basic earnings per share (Yen)	21.46	13.19
Diluted earnings per share (Yen)	-	-
Rate of return on equity (%)	0.9	0.5
Ordinary profit to total assets ratio (%)	1.3	0.8
Operating profit to net sales ratio (%)	1.2	0.7
Note to consolidated operating results
Investment profit (loss) on equity method	49	8

Business Results-Financial positions

(in millions of yens)

	Mar 2021	Mar 2020
Financial positions
Financial positions
Consolidated financial positions
Total assets	98,512	96,114
Net assets	73,078	71,162
Capital adequacy ratio (%)	74.2	74.0
Net assets per share (Yen)	2,512.09	2,437.18
Note to consolidated financial positions
Owner'sequity	73,078	71,162

Business Results-Cash flows

(in millions of yens)

	Mar 2021	Mar 2020
Cash flows
Cash flows
Consolidated cash flows
Cash flows from operating activities	6,048	70
Cash flows from investing activities	-1,819	-592
Cash flows from financing activities	-959	-970
Cash and equivalents, end of period	15,306	12,038

Dividends

(in millions of yens)

	Mar 2022	Mar 2021	Mar 2020
Dividends
Dividends
Dividends
Dividend per share (Yen)
Dividend per share (Yen)
First quarter
Result		-	-
Forecast	-
Upper	-
Lower	-
Second quarter
Result		14.00	14.00
Forecast		14.00
Upper	-
Lower	-
Third quarter
Result		-	-
Forecast	-
Upper	-
Lower	-
Year end
Result		14.00	14.00
Forecast		14.00
Upper	-
Lower	-
Annual
Result		28.00	28.00
Forecast		28.00
Upper	-
Lower	-
Total dividend paid
Total dividend paid
Annual
Result		816	817
Payout ratio (consolidated)
Payout ratio (%)
Annual
Result		130.5	212.3
Forecast		90.8
Ratio of total amount of dividends to net assets (consolidated)
Ratio of total amount of dividends to net assets (%)
Annual
Result		1.1	1.1

Forecasts

(in millions of yens)

	Mar 2022	Sep 2021
Forecasts
Forecasts
	3．2022年3月期の連
Title for forecasts	結業績予想（2021年
4月1日～2022年3月
	31日）
Preamble to consolidated forecasts
Preamble to forecasts	-
Main table of consolidated forecasts
Net sales
Net sales
Forecast	78,800	37,200
Upper	-	-
Lower	-	-

% change

Forecast	-4.1	-6.8
Upper	-	-
Lower	-	-
Operating profit
Operating profit
Forecast	1,000	-300
Upper	-	-
Lower	-	-
% change
Forecast	3.8	-
Upper	-	-
Lower	-	-
Ordinary profit
Ordinary profit
Forecast	1,300	-100
Upper	-	-
Lower	-	-
% change
Forecast	1.3	-
Upper	-	-
Lower	-	-
Profit attributable to owners of parent
Profit attributable to owners of parent
Forecast	900	-80
Upper	-	-
Lower	-	-
% change
Forecast	43.8	-
Upper	-	-
Lower	-	-
Basic earnings per share (Yen)
Basic earnings per share (Yen)
Forecast	30.85	-2.74
Upper	-	-
Lower	-	-
Note to consolidated forecasts
Note to forecasts	-

Notes-Material changes in subsidiaries during this period changes in scope of

consolidations resulting from change in subsidiaries

Mar 2021

Material changes in subsidiaries during this period (Changes in scope of consolidations resulting from change is subsidiaries)

Material changes in subsidiaries during this period (Changes in scope of consolidations resulting from change is subsidiaries)

Others

Material changes in subsidiaries during this period (Changes in scope of consolidations resulting from change is subsidiaries)

Material changes in subsidiaries during this period (Changes in

scope of consolidations resulting from change is subsidiaries)

-

Notes-Changes in accounting policies and accounting estimates retrospective

restatement

Mar 2021

Changes in accounting policies and accounting estimates, retrospective restatement

Changes in accounting policies and accounting estimates, retrospective restatement

Others

Changes in accounting policies and accounting estimates, retrospective restatement

Changes in accounting policies based on revisions of accounting	-
standard
Changes in accounting policies other than ones based on	-
revisions of accounting standard
Changes in accounting estimates	-
Retrospective restatement	-
Note to changes in accounting policies and accounting estimates,
retrospective restatement
Note to changes in accounting policies and accounting estimates,	-
retrospective restatement

Notes-Number of issued and outstanding shares common stock

	Mar 2021	Mar 2020
Number of issued and outstanding shares (common stock)
Number of issued and outstanding shares (common stock)
Others
Number of issued and outstanding shares (common stock)
Number of issued and outstanding shares at the end of fiscal year	29,342,454	29,342,454
(including treasury stock)
Number of treasury stock at the end of fiscal year	251,656	143,970
Average number of shares	29,174,300	29,243,748
Note to number of issued and outstanding shares (common stock)
Note to number of issued and outstanding shares (common stock)	-

Business Results-Overview of nonconsolidated operating results

(in millions of yens)

	Mar 2021	Mar 2020
Non-consolidated operating results
Non-consolidated operating results
Non-consolidated operating results
Non-consolidated income statements information
Net sales
Net sales	76,961	72,685
% change	5.9	-5.8
Operating profit
Operating profit	256	-43
% change	-	-
Ordinary profit
Ordinary profit	870	525
% change	65.8	-66.7
Profit
Profit	458	318
% change	44.0	-72.0
Other non-consolidated operating results
Basic earnings per share (Yen)	15.71	10.89
Diluted earnings per share (Yen)	-	-

Business Results-Overview of nonconsolidated financial positions

(in millions of yens)

	Mar 2021	Mar 2020
Non-consolidated financial positions
Non-consolidated financial positions
Non-consolidated financial positions
Total assets	96,331	95,703
Net assets	68,187	67,915
Capital adequacy ratio (%)	70.8	71.0
Net assets per share (Yen)	2,343.94	2,325.99