Second Quarter Fiscal Year Ending March 31, 2022 FACT BOOK

Hoosiers Holdings

Second Quarter Fiscal Year Ending March 31,2022

Consolidated Financial Highligts

		FY3/20	FY3/20	FY3/21	FY3/21	FY3/22
		2nd Quarter	End of Year	2nd Quarter	End of Year	2nd Quarter
	Net sales	34,007	85,231	29,249	80,222	26,863
	Real Estate Developmnet	23,000	46,508	20,258	55,315	11,753
	CCRC	2,670	8,947	4,235	11,466	7,359
	Real Estate Investment	4,183	21,826	2,009	7,409	4,593
	Condominium Management	4,109	7,857	2,716	5,959	3,118
	and Related Services
	Other	42	90	29	72	38
	Gross profit	7,499	18,011	5,773	16,077	6,095
	Operating income	1,939	6,692	928	5,435	1,559
	Ordinary income	1,505	5,513	726	4,616	1,078
	Net income	1,016	276	832	2,878	483
	Total assets	149,122	143,897	142,669	136,030	134,633
	Net assets	44,472	42,827	42,438	36,368	36,587
	Equity Ratio（％）	29.3%	29.3%	29.3%	21.2%	21.5%
	※Cumulative period

※Net income…Net income attributable to parent company shareholders

Profitability-Related Indicators

	FY3/20	FY3/20	FY3/21	FY3/21	FY3/22
	2nd Quarter	End of Year	2nd Quarter	End of Year	2nd Quarter
Gross margin ratio（％）	22.1%	21.1%	19.7%	20.0%	22.7%
Operating margin（％）	5.7%	7.9%	3.2%	6.8%	5.8%
Ordinary income ratio（％）	4.4%	6.5%	2.5%	5.8%	4.0%
Net profit margin（％）	3.0%	0.3%	2.8%	3.6%	1.8%
ROE（％）	-	0.6%	-	8.1%	-
※Cumulative period

※Net income…Net income attributable to parent company shareholders

(Unit: Million yen)

FY3/22

Forecast

76,000

-

-

-

-

-

-

5,700

5,000

3,100

-

-

-

FY3/22

Forecast

-

7.5%

6.6%

4.1%

Over 10%

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BS-related Indicators

			(Unit: Million yen)
	FY3/20	FY3/21	FY3/22
	End of Year	End of Year	2nd Quarter
Cash and deposits	31,736	29,293	33,784
Real estate for sale	25,888	31,122	29,885
Real estate for sale in process	50,283	37,029	35,019
Non-current assets	29,135	30,888	30,503
Land	11,048	11,166	11,242
Buildings	10,389	11,280	11,460
Total assets	143,897	136,030	134,633
Total interest-bearing debt	84,920	84,099	79,054
Short-terminterest-bearing debt	32,859	29,625	26,413
Long-terminterest-bearing debt	52,060	54,474	52,640
Total liabilities	101,070	99,661	98,045
Total net assets	42,827	36,368	36,587
Total liabilities and net assets	143,897	136,030	134,633

Safety Index

	FY3/20	FY3/21	FY3/22
	End of Year	End of Year	2nd Quarter
Net asset ratio（％）	29.3%	21.2%	21.5%
Net adequacy capital ratio（％）	37.5%	27.0%	28.7%
Current ratio（％）	253.3%	253.2%	249.5%
Interest coverage ratio	6.9	5.6	-

※Net adequacy capital ratio = Capital /(total assets -cash and deposits etc.)

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Profit and Loss Statement (Accounting Period/Cumulative Period）

						(Unit: Million yen)
	FY3/21	FY3/21	FY3/21	FY3/21	FY3/22	FY3/22
	1st Quarter	2nd Quarter	3rd Quarter	End of Year	1st Quarter	2nd Quarter
Net sales	10,346	18,903	22,437	28,535	9,585	17,278
Cost of sales	8,298	15,177	17,680	22,989	7,471	13,296
Gross profit	2,047	3,725	4,757	5,546	2,113	3,982
Selling, general and	2,221	2,623	2,636	3,160	2,093	2,442
administrative expenses
Operating income	-173	1,102	2,120	2,385	19	1,539
Ordinary income	-177	904	1,996	1,892	-115	1,193
Income before income taxes	-432	1,370	1,984	426	-176	1,162
Net income	-367	1,199	1,367	678	-194	677
※Accounting period
※Net income…Net income attributable to parent company shareholders
						(Unit: Million yen)
	FY3/21	FY3/21	FY3/21	FY3/21	FY3/22	FY3/22
	1st Quarter	2nd Quarter	3rd Quarter	End of Year	1st Quarter	2nd Quarter
Net sales	10,346	29,249	51,686	80,222	9,585	26,863
Cost of sales	8,298	23,475	41,155	64,145	7,471	20,768
Gross profit	2,047	5,773	10,530	16,077	2,113	6,095
Selling, general and	2,221	4,844	7,481	10,642	2,093	4,536
administrative expenses
Operating income	-173	928	3,049	5,435	19	1,559
Ordinary income	-177	726	2,723	4,616	-115	1,078
Income before income taxes	-432	938	2,922	3,349	-176	985
Net income	-367	832	2,199	2,878	-194	483
※Cumulative period

※Net income…Net income attributable to parent company shareholders

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Consolidated Balance Sheets

				(Unit: Million yen)
	FY3/20	FY3/21	FY3/22	Increase/
	End of Year	End of Year	2nd Quarter	decrease
Assets

Current assets	114,734	105,142	104,129	-1,012
Cash and deposits	31,736	29,293	33,784	4,491
Real estate for sale	25,888	31,122	29,885	-1,236
Real estate for sale in process	50,283	37,029	35,019	-2,009
Other	6,826	7,697	5,440	-2,256
Non-current assets	29,135	30,888	30,503	-384
Land	11,048	11,166	11,242	76
Buildings	10,389	11,280	11,460	180
Other	7,698	8,441	7,799	-642
Deferred assets	28	-	-	-
Total assets	143,897	136,030	134,633	-1,397
Liabilities
Current liabilities	45,294	41,530	41,742	211
Short-term loans payable	9,362	11,216	8,551	-2,664
Current portion of long-term	22,875	14,826	14,195	-630
loans payable
Current portion of bonds	622	3,582	3,666	84
Other	12,434	11,905	15,328	3,423
Non-current liabilities	55,776	58,131	56,303	-1,828
Bonds payable	4,210	2,628	2,963	334
Long-term loans payable	47,849	51,845	49,677	-2,168
Other	3,716	3,657	3,662	5
Total liabilities	101,070	99,661	98,045	-1,616
Net Assets
Shareholders' equity	42,226	28,934	28,772	-161
Accumulated other comprehensive income	-114	-72	202	275
Subscription rights to shares	0	0	0	-
Non-controlling interests	714	7,507	7,612	105
Total net assets	42,827	36,368	36,587	219
Total liabilities and net assets	143,897	136,030	134,633	-1,397

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