Summary of Consolidated Financial Results(4th quarter)

		Summary of Consolidated Financial Statements for the FY ended September 30, 2021
Translation
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.

Summary of Consolidated Financial Statements

for the Year Ended September 30, 2021

(Based on Japanese GAAP)

Company name:	Japan Best Rescue System Co., Ltd.
Stock exchange listing	Tokyo, Nagoya
Stock code:	2453
Representative:	Representative Director
Inquiries:	Director, Executive Officer

Scheduled date to file Securities Report: Scheduled date to commence dividend payments: Scheduled date to disclose annual report:

Preparation of supplementary material on financial results: Holding of financial results meeting:

November 5, 2021

Nobuhiro Sakakibara
Mitsuhiro Wakatsuki	TEL [phone]

December 24, 2021

December 27, 2021

December 27, 2021 Yes

Yes (for institutional investors and analysts)

(Amounts less than one million yen are rounded down)

1．Consolidated financial results for the year ended September 30, 2021(from October 1, 2020 to September 30, 2021)

(1) Consolidated operating results				(% indicates the rate of changes from previous fiscal year or period)
	Net sales		Operating profit	Ordinary profit	Net profit attributable to
		owners of parent
	Millions of yen		%	Millions of yen	%	Millions of yen	%	Millions of yen	%
FY ended September 30, 2021	13,460		11.6	1,408	3.0	1,740	(3.2)	56	(94.3)
FY ended September 30, 2020	12,057		0.4	1,367	(16.5)	1,798	(8.6)	997	(39.2)

(Note)Comprehensive income:

1. for the year ended September 30, 2021: 452 million yen [(61.7%)]
2. for the year ended September 30, 2020: 1,182 million yen [(4.7%)]

	Earnings per share	Diluted earnings	Return on equity	Ordinary profit on	Ordinary profit on
	per share	total assets	sales
	Yen	Yen	%	%	%
FY ended September 30, 2021	1.83	1.83	0.6	7.0	10.5
FY ended September 30, 2020	31.82	31.73	12.9	9.0	11.3

(Reference)Equity in earnings/losses of affiliates:

1. 1. for the year ended September 30, 2021: (19) million yen
   2. for the year ended September 30, 2020: (8) million yen
2. Consolidated financial position

	Total assets	Net assets	Equity ratio	Net assets per share
	Millions of yen	Millions of yen	%	Yen
FY ended September 30, 2021	28,175	11,668	40.2	333.70
FY ended September 30, 2020	21,204	7,907	35.8	245.54
(Reference)Equity:

1. 1. for the year ended September 30, 2021: 11,324 million yen
   2. for the year ended September 30, 2020: 7,592 million yen
2. Consolidated cash flows

	Cash flow from operating	Cash flow from investing	Cash flow from financing	cash and cash
	activities	activities	activities	equivalents at year-end
	Millions of yen	Millions of yen	Millions of yen	Millions of yen
FY ended September 30, 2021	1,654	1,061	(120)	10,975
FY ended September 30, 2020	2,191	(2,981)	(165)	7,115

－ 1 －

Summary of Consolidated Financial Statements for the FY ended September 30, 2021

2. Cash dividends

		Annual dividends per share			Total	Dividends		Ratio of
	1st	2nd	3rd	4th			dividends	payout ratio		dividends to
	Annual		(Annual)	(consolidated)		net assets
	quarter	quarter	quarter	quarter
						(consolidated)
	Yen	Yen	Yen	Yen	Yen		Yen	%	%
FY ended September 30, 2020	－	8.00	－	8.00	16.00	494	50.3	6.5
FY ended September 30, 2021	－	8.00	－	9.00	17.00	552	929.0	5.9
FY ending September 30, 2022	－	8.00	－	9.00	17.00			48.1
(Forecast)

3. Forecast of consolidated financial results for the year ending September 30, 2022 (from October 1, 2021 to September 30, 2022)

(% indicates the rate of changes from previous fiscal year or period)

	Net sales		Operating profit	Ordinary profit		Net profit attributable	Earnings
			to owners of parent	per share
	Millions of		%	Millions of	%	Millions of		%	Millions of	%	Yen
	yen		yen	yen		yen
2nd Quarter of FY 2022	8,800		32.6	733	9.0	833		2.2	550	1.6	16.21
Full-year	18,000		33.7	1,730	22.8	1,900		9.2	1,200	－	35.36

• Notes
• 1. Changes in significant subsidiaries during the fiscal year ended September 30, 2021 (changes in

specified subsidiaries resulting in the change in scope of consolidation):	Yes
・New	: 1 (Company name: ACTCALL Inc.	)

・Exclusion: -

(Note) Please see the details of the "Announcement on acquiring 100% ownership of ACTCALL INC. and TSUNAGU CO., LTD. and having capital and business alliance with CHIC Holdings INC., July 27, 2021".

1. Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements

Changes in accounting policies due to revisions to accounting standards and other regulations	None
Changes in accounting policies due to other reasons	None
Changes in accounting estimates	None
Restatement of prior period financial statements	None

(3) Number of shares issued (common stock)

Total number of shares issued at the end of the period (including treasury stock)

	FY ended September 30, 2021	34,688,000	shares	FY ended September 30, 2020	34,688,000 shares
Number of treasury stock at the end of the period
	FY ended September 30, 2021	750,822	shares	FY ended September 30, 2020	3,768,341 shares
Average number of shares during the period
	FY ended September 30, 2021	30,928,775 shares	FY ended September 30, 2020	31,341,553 shares

(Reference)Summary of Non-consolidated Financial Results

Non-consolidated Financial Results for the FY ended September 30, 2021

1. Non-consolidatedoperating results

(% indicates the rate of changes from previous fiscal year or period)

	Net sales	Operating profit	Ordinary profit	Net profit attributable to
	owners of parent
	Millions of yen	%		Millions of yen	%	Millions of yen	%	Millions of yen	%
FY ended September 30, 2021	7,546	10.3		594	3.1	1,005	(2.3)	(372)	-
FY ended September 30, 2020	6,842	(10.9)		576	(27.2)	1,029	(49.4)	748	(63.1)
	Earnings per share		Diluted earnings per
		share
		Yen			Yen
FY ended September 30, 2021		(12.03)			-
FY ended September 30, 2020		23.89			23.83

1. Non-consolidatedfinancial position

		Total assets	Net assets	Equity ratio	Net assets per share
		Millions of yen	Millions of yen	%	Yen
	As of September 30, 2021	16,084	10,002	62.2	294.71
	As of September 30, 2020	12,603	6,824	54.1	220.70
	(Reference) Equity:

1. for the year ended September 30, 2021: 10,001 million yen
2. for the year ended September 30, 2020: 6,824 million yen

－ 2 －

Summary of Consolidated Financial Statements for the FY ended September 30, 2021

non-consolidated performance difference from previous FY>

・An increase in net sales was mainly due to sales of "QR service for New Tenant", the main service for members, was expanding stably and acquiring members at a higher pace than expected.

・A decrease in net profits was mainly due to posting an extraordinary loss because of the stock exchange for acquiring two 100%- owned subsidiaries, ACTCALL Inc. (hereinafter called "ACTCALL") and TSUNAGU Co., Ltd (hereinafter called "TSUNAGU"), refer to the "announcement of posting an extraordinary loss, adjusting the forecast of consolidated financial figures for the FY ending September 2021 and increasing dividends of surplus" by JBR, October 18, 2021.

These are the principal reasons for the differences between FY 2021 and the previous business performance.

• These consolidated financial results are not subject to audit.
• Cautionary statement on appropriate use of business results forecasts and other matters. (Note on forward-looking statements)
  This report contains forward-looking statements on future performance and other matters that are based on information currently available to the corporation and certain reasonable assumptions. These forward-looking statements cannot promise or guarantee future performance. A variety of potential risks and uncertainties may cause actual performance to be different from that expressed or implied by these forward-looking statements. Please refer to "1. Qualitative Information on Annual Operation Results (4) Explanation of Consolidated Earnings Forecast and Other Forward-looking Statements" on page 6 for information on preconditions underlying the above outlook and other related information.

－ 3 －

Summary of Consolidated Financial Statements for the FY ended September 30, 2021

Table of Contents

1. Qualitative Information on Annual Operation Results.....................................................................................................	5
(1)	Explanation of Operation Results...............................................................................................................................................	5
(2)	Explanation of Financial Position...............................................................................................................................................	5
(3)	Explanation of Cash Flow ............................................................................................................................................................	6
(4)	Explanation of Consolidated Earnings Forecast and Other Forward-looking Statements ............................................	6
(5)	Basic policy concerning dividends and planed dividends payments..................................................................................	6
2. Basic Consideration to the selection of accounting standards ........................................................................................	6
3. Consolidated Financial Statements and Notes .....................................................................................................................	8
(1)	Consolidated Balance Sheet.........................................................................................................................................................	8
(2)	Consolidated Income Statement and
	Consolidated Statement of Comprehensive Income ............................................................................................................	10
(3)	Consolidated Statement of Changes in Net Assets ...............................................................................................................	12
(4)	Consolidated Cash Flow Statement ........................................................................................................................................	14
(5)	Notes to Consolidated Financial Statements ........................................................................................................................	16
	(Notes on Going Concern Assumption)..................................................................................................................................	16
	(Changes in Presentation of Financial Statements)..............................................................................................................	16
	(Additional Information) ............................................................................................................................................................	16
	(Segment Information)................................................................................................................................................................	17
	(Per Share Information) ..............................................................................................................................................................	19
	(Significant Subsequent Events)...............................................................................................................................................	19

－ 4 －

Summary of Consolidated Financial Statements for the FY ended September 30, 2021

1. Qualitative Information on Operation Results

• Explanation of Operation Results

In the fiscal year 2021, Japan's economy was affected by the COVID-19 pandemic for a long time, which restricted economic and social activities. However, with the COVID-19 vaccination started in Japan, coronavirus cases are decreasing at a surprising speed, and the normal lifestyle has already recovered slowly.

Under this background, based on "we help people in need", our group has made a significant strengthening of existing business and started to establish new business through our service which appreciated by our customers.

Our annual operation results are as follows:

• Net sales were 13,460,790 thousand yen, an increase of 11.6% compared with the previous fiscal year.
• Operating profit was 1,408,360 thousand yen, an increase of 3.0% compared with the previous fiscal year.
• Ordinary profit was 1,740,562 thousand yen, a decrease of 3.2% compared with the previous fiscal year.
• Net profit attributable to owners of parent was 56,753 thousand yen, a decrease of 94.3% compared with the previous fiscal year.
• The number of our services for solving troubles was completed: window glasses relations were 3 thousand, plumbing relations were 22 thousand, key exchange relations were 29 thousand.
• The number of our membership business' available members was 3,347 thousand, the number of our insurance business that was insured was 593 thousand.

Segment operation result is as follows:

• Emergency Business
  Emergency business' net sales were 1,325,592 thousand yen (a decrease of 11.0% compared with FY2020), operating losses were 25,883 thousand yen (compared with 50,856 thousand yen of operating profit for FY2020), according to decrease of attracting customers through other company's website.

• Membership Business
  Membership business' net sales were 6,974,484 thousand yen (an increase of 15.1% compared with FY2020), operating profit was 1,644,912 thousand yen (an increase of 6.5% compared with FY2020). This result might come from sales of "QR service for New Tenant", the main service for members, is extraordinary expanding than expected.

• Insurance Business
  Insurance business' net sales were 4,677,450 thousand yen (an increase of 11.7% compared with FY2020), operating profit was 361,683 thousand yen (an increase of 6.8% compared with FY2020), according to "Home Contents Insurance for Apartment", the key of insurance business, which increase the great number of contracts and prospective policy reserve has been transferred.

• Repair Business
  Repair business' net sales were 266,989 thousand yen (an increase of 0.6% compared with FY2020), while operating losses were 72,761 thousand yen (compared with 77,598 thousand yen for FY2020). This result might come from the increasing amount of high payment works along with their higher return. The works, with relatively low return are clearing up at the same time.

• • Life & Technology Business
    Life & technology business' net sales were 230,588 thousand yen (an increase of 169.7% compared with FY2020), operating losses were 222,789 thousand yen (compared with 153,677 thousand yen for FY2020). This result might come from the negative impact of the sharp rise in the electricity price, and as we announced on Jun 21, 2021, PPS business has already withdrawn in September this year.
• Explanation of Financial Position (Current Assets)
  Current assets increased 4,502,314 thousand yen from the end of the previous fiscal year to 15,399,686 thousand yen mainly due to an increase of 2,767,627 thousand yen in cash & deposits, 479,540 thousand yen in accounts receivable-trade, and 923,688 thousand yen in accounts receivable-other.
  (Non-current Assets)
  Non-current assets increased 2,404,423 thousand yen from the end of the previous fiscal year to 12,391,724 thousand yen mainly due to a decrease of 661,912 thousand yen in investment securities, and on the other hand, an increase of 1,808,740 thousand yen in goodwill, 520,305 thousand yen in software in progress and 298,604 thousand yen in differed tax assets.
  (Deferred Assets)
  Deferred assets increased 64,923 thousand yen from the end of the previous fiscal year to 384,443 thousand yen mainly due to an increase of 64,931 thousand yen in deferred assets under article 113 of Insurance Business Act.
  (Current Liabilities)
  Current liabilities increased 2,435,989 thousand yen from the end of the previous fiscal year to 7,519,494 thousand yen mainly due to an increase of 1,150,000 thousand yen in short-term borrowings, 716,149 thousand yen in deferred income, and 156,349 thousand yen in accounts payable.
  (Non-current Liabilities)
  Non-current liabilities increased 774,587 thousand yen from the end of the previous fiscal year to 8,987,570 thousand yen
• • 5 －