Nexyz : Consolidated Results for the End of the Fiscal Year to September 2021 (250KB)

Consolidated Results for the End of the Fiscal Year to September 2021

(Japanese Accounting Standards)

	(English Translation of "Kessan Tanshin")
November 15, 2021	Exchanges Listed: TSE1
Company Name: Nexyz.Group Corporation	Location of Company Headquarters: Tokyo
Securities Code: 4346	（URL https://www.nexyzgroup.jp/）

Position of Representative: President and Representative Director		Name: Takami Kondo
Contact : Executive Managing Director, Administrative Division Manager	Name: Yasuhiro Matsui Tel.[phone]
					( Amounts truncated to the nearest million yen.)
1. Consolidated results for the End of the Fiscal Year to September 2021
(from Oct. 1, 2020 to Sep. 30, 2021)
(1) Consolidated Results of Operations	(Amounts in percentages show a comparison with the previous same period results.)
	Net Sales		Operating Income		Ordinary Income
	Yen Mln	%		Yen Mln	%		Yen Mln	%
September 2021	18,767	19.3		△ 347	―		△ 351	―
September 2020	15,728	△ 14.6		△ 1,627	―		△ 1,782	―
(Note) Comprehensive income	September 2021	△ 1043 million yen	(―%)	September 2020	△ 1,904 million yen	(―%)
Net income attributable to	Earnings per Share		Fully Diluted
	owners of the parent			Earnings per Share
	Yen Mln	%		Yen			Yen
September 2021	△ 1,155	―		△ 89.19			―
September 2020	△ 2,136	―		△ 165.29			―

(Reference) Equity in earnings(losses) of affiliates		September 2021	― million yen		September 2020	△142 million yen
(Note)Diluted net income per share has not been disclosed because of diluted net loss per share.
(2) Consolidated Financial Position					(Amounts truncated to the nearest million yen.)
	Total Assets		Net Assets Value	Capital Ratio		Net Assets per Share
	Yen Mln			Yen Mln		%		Yen
September 2021	14,622			3,983		12.4		139.36
September 2020	16,064			5,524		21.5		266.65
(Note) Shareholders' equity:	September 2021	1,808 million yen	September 2020	3,453 million yen
(3) Consolidated Cash Flows					(Amounts truncated to the nearest million yen.)
	Cash Flows from		Cash Flows from		Cash Flows from		End-of-Period
				Cash and Cash
	Operating Activities	Investing Activities		Financing Activities
			Equivalents
	Yen Mln		Yen Mln		Yen Mln	Yen Mln
September 2021	1,987		△ 651		△ 1,752	3,427
September 2020	△ 3,491		△ 404		2,987	3,841
2. Consolidated annual dividend
				Annual Dividend Per Share
	End of first	End of secound	End of third		End of Year		Total
	quarter (Yen)		quarter (Yen)	quarter (Yen)	(Yen)		(Yen)
September 2020	―		25.00	―		20.00		45.00
September 2021	―		20.00	―		20.00		40.00
September 2022	―		0.00	―		20.00		20.00
(Forecast)

3. Consolidated Forecast for the fiscal year ending September 2022 (October 1, 2021～September 30, 2022)

(Percentages indicate changes from the previous term)

	Net Sales		Operating Income		Ordinary Income
	Yen Mln	%	Yen Mln	%	Yen Mln	%
Full Fiscal Year	19,000	1.2	300	―	300	―
	Net income attributable to		Earnings per Share
	owners of the parent
	Yen Mln	%		Yen

Full Fiscal Year	170	―	13.10

		(Millions of yen)
	As of September 30, 2020	As of September 30, 2021
Assets
Current assets
Cash and deposits	3,841	3,427
Notes and accounts receivable - trade	3,567	3,460
Lease receivables	3,152	3,158
Merchandise	468	522
Accounts receivable - other	135	172
Prepaid expenses	222	206
Other	1,021	394
Allowance for doubtful accounts	△414	△422
Total current assets	11,996	10,920
Non-current assets
Property, plant and equipment
Buildings	1,312	1,326
Accumulated depreciation	△250	△286
Buildings, net	1,061	1,039
Tools, furniture and fixtures	862	870
Accumulated depreciation	△731	△757
Tools, furniture and fixtures, net	131	112
Other	52	42
Accumulated depreciation	△32	△31
Other, net	20	10
Total property, plant and equipment	1,213	1,163
Intangible assets
Goodwill	9	1
Software	70	73
Total intangible assets	79	75
Investments and other assets
Investment securities	869	890
Leasehold and guarantee deposits	514	620
Distressed receivables	820	824
Deferred tax assets	873	431
Other	520	530
Allowance for doubtful accounts	△824	△834
Total investments and other assets	2,774	2,463
Total non-current assets	4,067	3,701
Total assets	16,064	14,622

			(Millions of yen)
		As of September 30, 2020	As of September 30, 2021
Liabilities
Current liabilities
Accounts payable - trade		1,042	1,253
Short-term borrowings	450	1,200
Current portion of long-term borrowings		1,936	1,836
Accounts payable - other	370	409
Income taxes payable		66	210
Contract cancellation adjustment reserve	1,028	1,545
Provision for bonuses		301	316
Other	390	712
Total current liabilities		5,587	7,485
Non-current liabilities
Long-term borrowings		4,707	2,870
Lease obligations	45	12
Other		199	270
Total non-current liabilities	4,951	3,153
Total liabilities		10,539	10,638
Net assets
Shareholders' equity
Share capital	1,189	1,198
Capital surplus		－	9
Retained earnings	2,977	1,307
Treasury shares		△904	△899
Total shareholders' equity	3,262	1,616
Accumulated other comprehensive income
Valuation difference on available-for-	190	191
sale securities
Foreign currency translation adjustment		△0	1
Total accumulated other comprehensive	190	192
income
Share acquisition rights		6	6
Non-controlling interests	2,065	2,168
Total net assets		5,524	3,983
Total liabilities and net assets	16,064	14,622

		(Millions of yen)
	Fiscal year ended	Fiscal year ended
	September 30, 2020	September 30, 2021
Net sales	15,728	18,767
Cost of sales	8,147	10,023
Gross profit	7,580	8,744
Selling, general and administrative expenses	9,208	9,091
Operating loss	△1,627	△347
Non-operating income
Interest income	9	0
Gain on sale of investment securities	3	－
Reversal of allowance for doubtful accounts	－	5
Recoveries of written off receivables	－	4
Interest on tax refund	4	3
Refund	－	4
Receipt benefit	4	6
Subsidies for employment adjustment	9	3
Other	8	13
Total non-operating income	38	41
Non-operating expenses
Interest expenses	22	36
Loss on valuation of investment securities	12	－
Share of loss of entities accounted for	142	－
using equity method
Provision of allowance for doubtful accounts	11	2
Commission expenses	3	2
Other	0	5
Total non-operating expenses	193	46
Ordinary loss	△1,782	△351
Extraordinary income
Gain on sale of investment securities	100	－
Total extraordinary income	100	－
Extraordinary losses
Impairment losses	172	－
Loss on valuation of investment securities	41	19
Loss on valuation of shares of subsidiaries	15	15
and associates
Other	11	－
Total extraordinary losses	242	35
Loss before income taxes	△1,924	△386
Income taxes - current	112	217
Income taxes - deferred	59	442
Total income taxes	172	659
Loss	△2,096	△1,046
Profit attributable to non-controlling	39	109
interests
Loss attributable to owners of parent	△2,136	△1,155

		(Millions of yen)
	Fiscal year ended	Fiscal year ended
	September 30, 2020	September 30, 2021
Loss	△2,096	△1,046
Other comprehensive income
Valuation difference on available-for-sale	191	0
securities
Foreign currency translation adjustment	0	2
Total other comprehensive income	192	2
Comprehensive income	△1,904	△1,043
Comprehensive income attributable to
Comprehensive income attributable to owners	△1,944	△1,153
of parent
Comprehensive income attributable to non-	40	110
controlling interests