HITO Communications : Summary of Financial Results for the second quarter 2021

HITO-Communications Holdings Inc. (4433) Financial Results for the Six Months Ended February 28, 2021

Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.

Consolidated Financial Results for the Six Months Ended February 28, 2021 [J-GAAP]

		April 8, 2021
Name of listed company:	HITO-Communications Holdings Inc.	Listed on: Tokyo Stock Exchange, 1st Section
Securities code:	4433	URL:http://www.hitocom-hd.com/ja/ir.html
Representative:	Toyomi Yasui, President and Representative Director
Contact:	Ryota Washimori, Manager, Investor and Public Relations Department

TEL: [phone]

Scheduled date to start dividends distribution:

May 14, 2021

Scheduled date of filing the financial report:

April 13, 2021

Supplementary documents for this summary of financial statements:

Yes (only in Japanese)

Explanation meeting for financial results:

Yes (only in Japanese)

(Figures shown are rounded down to the nearest million yen.)

1. Consolidated results for the six months ended February 28, 2021 (September 1, 2020 - February 28, 2021)

(1) Consolidated operating results

(Percentage figures show changes from the previous year.)

Net sales

Operating income

Ordinary income

Profit attributable to

owners of parent

Millions of

%

Millions of yen

%

Millions of yen

%

Millions of yen

%

Six months ended Feb 28,

41,060

13.4

2,508

32.4

2,689

40.6

1,520

47.2

2021

Six months ended Feb 29,

36,198

―

1,894

―

1,912

―

1,032

―

2020

Note: Comprehensive income: Six months ended Feb 28, 2021: ¥1,677 million (51.5%) Six months ended Feb 28, 2020: ¥1,107 million (―%)

Profit per share

Diluted profit per

share

Yen

Yen

Six months ended Feb 28,

85.24

―

2021

Six months ended Feb 29,

57.74

―

2020

(2) Consolidated financial position

Total assets

Net assets

Shareholders' equity ratio

Millions of yen

Millions of yen

%

As of February 28, 2021

28,242

13,869

46.0

As of August 31, 2020

27,475

12,408

42.4

(Reference) Equity capital: As of Feb 28, 2021: ¥12,983 million As of August 31, 2020: ¥11,638 million

2. Dividends

Dividends per share

First

Second

Third

quarter

quarter

quarter

Year-end

Annual

-end

-end

-end

Yen

Yen

Yen

Yen

Yen

Year ended August 31, 2020

―

10.25

―

10.25

20.50

Year ending August 31, 2021

―

10.75

Year ending August 31, 2021

―

13.75

24.50

(Forecast)

Note: Changes to the latest consolidated results forecast announced: Yes

Breakdown of the year-ending dividend per share for the fiscal year ending August 31, 2021 (forecast): Ordinary dividend: 10.75 yen, Commemorative dividend for the 10th anniversary of Listing: 3.00 yen

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As of Feb 28, 2021

As of Feb 28, 2021

As of Feb 28, 2021

HITO-Communications Holdings Inc. (4433) Financial Results for the Six Months Ended February 28, 2021

3. Consolidated financial forecast for the fiscal year ending August 31, 2021 (September 1, 2020 - August 31, 2021)

(Percentage figures show year-on-year changes.)

			Net sales		Operating income	Ordinary income	Profit attributable to	Profit per
				owners of parent	share
			Millions of yen		%	Millions of yen	%	Millions of yen	%	Millions of yen	%	Yen
	Full year		73,000		2.1	3,500	11.1	3,600	7.1	1,880	37.1	105.37
Note:	Changes to the latest consolidated results forecast announced: None

Notes:

(1) Significant changes to subsidiaries during the term (Transfers of specific subsidiaries with changes in the scope of consolidation): None

New: ―

Excluded: ―

1. Application of special accouting methods for preparing quarterly consolidated financial statements: Yes
2. Changes in accounting policies, accounting estimates and restatement of revisions

1)	Changes in accounting policies due to revision of accounting standard, etc.:	None
2)	Changes in accounting policies other than 1):	None
3)	Changes in accounting estimates:	None
4)	Restatement of revisions:	None

1. Number of outstanding shares (common stock):
2. 1. Number of shares issued and

outstanding (including treasury shares)

2) Number of treasury shares

3) Average number of shares issued and outstanding in each period

17,899,333	shares	Year ended August 31, 2020	17,899,333	shares
56,830	shares	Year ended August 31, 2020	56,830	shares
17,842,503	shares	As of Feb 29, 2020	17,889,025	shares

• This financial statement is outside the scope of audit procedures conducted by certified public accountants or the independent auditor.
• Explanation of appropriate use of forecasts of financial results and other important items

1. The forward-looking statements in this document, including forecasts, are based on information available at the time of disclosure and on certain assumptions deemed to be reasonable by the Company. Actual results may differ materially from forward-looking statements due to a number of factors.

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