Keyware : Summary of Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2023

Summary of Consolidated Financial Results

for the First Quarter of the Fiscal Year Ending March 31, 2023 [under Japanese GAAP]

	July 28, 2022
Company: Keyware Solutions Inc.	Stock Exchange Listings: TSE Standard Market
Stock code: 3799	URL: https://www.keyware.co.jp/english

Representative director: Masahiro Mita, President & CEO

Contact: Keiji Ushirone, General Manager of Corporate Planning division and PR & IR Office

	Tel: [phone]
Scheduled date of filing Quarterly Securities Report:	August 12, 2022
Scheduled commencement date of dividend payout:	-
Supplemental information for quarterly financial results: None
Schedule for quarterly shareholders meeting:	None

(Amounts are rounded down to units of million yen)

1. Summary of financial results for the first quarter of the fiscal year ending March 31, 2023 (April 1, 2022 - June 30, 2022)

(1) Consolidated operating results

(Percentage figures indicate changes from the same quarter of the prior fiscal year)

			Sales				Operating income		Ordinary income		Profit attributable to
								owners of parent
		¥million		%		¥million	%		¥million			%		¥million	%
1Q of FY2023		4,401		3.3			-105		-			-25			-			-9	-
1Q of FY2022		4,260		14.5			18		-			50			-			19	-
(Note) Comprehensive income:
1Q of FY2023: ¥ -12 million (- %)
1Q of FY2022: ¥ 10 million (- %)
			Net income per share			Diluted net income per share
									¥						¥
1Q of FY2023						-1.15					-
1Q of FY2022						2.65					-
(2) Consolidated financial position
			Total assets							Net assets				Ownership equity ratio
						¥million							¥million						%
As of June 30, 2022						9,655								7,342						76.0
As of March 31, 2022						10,745								7,455						69.4
(Reference) Shareholders' Equity	As of June 30, 2022: ¥ 7,342 million
			As of March 31, 2022: ¥ 7,455 million
2. Dividends
											Annual dividends per share
		1st Quarter		2nd Quarter		3rd Quarter		4th Quarter		Full Year
			¥					¥			¥						¥		¥
FY2022	-					0.00			-				12.00		12.00
FY2023	-
FY2023 (forecast)							0.00			-				12.00		12.00

(Note) Revision of the latest released dividend forecast: None

3. Forecast of consolidated financial results for the fiscal year ending March 31, 2023

(April 1, 2022 - March 31, 2023)

(Percentage figures indicate changes from the prior fiscal year)

	Sales		Operating income	Ordinary income	Profit attributable to	Net income
		owners of parent	per share
	¥million	%	¥million	%	¥million	%	¥million	%	¥
Full Year	19,500	5.8	670	21.5	760	0.6	560	0.7	69.68

(Note) Revision of the latest released financial results forecast: None

• Notes
• 1. Changes in the number of important subsidiaries during the period under review: None (changes in the scope of consolidation due to change in the number of specified subsidiaries)
  2. Application of special accounting treatment when preparing quarterly consolidated financial statements: None
  3. Changes in accounting policies, changes in accounting estimates, or revised presentation
  4. 1. Changes in accounting policies due to revisions to accounting standards, etc.: Yes
     2. Changes in accounting policies other than those in i.: None
     3. Changes in accounting estimates: None
     4. Revised presentation: None
  5. Ordinary shares issued (common stock)

i. Ordinary shares issued at end of period	As of June 30, 2022	9,110,000	As of March 31, 2022	9,110,000
(including treasury stock)
ii. Treasury stock issued at end of period
As of June 30, 2022	1,080,061	As of March 31, 2022	1,080,061
iii. Average number of shares
1Q ended June 30, 2022	8,029,939	1Q ended June 30, 2021	7,238,737
(consolidated quarter results)
* This financial report is outside the scope of audit procedures.
* Disclaimer

The above forecasts are based on judgments made in accordance with information available at the time these materials were prepared, and contain numerous uncertainties. Changing conditions and other factors may cause actual results to differ from the results in these forecasts.