June 8, 2021
To whom it may concern
(This is an English translation of the Japanese original)
Company : SOHGO SECURITY SERVICES CO., LTD. Representative : Yukiyasu Aoyama,
President and Representative Director
(Securities Code: 2331, TSE 1st Sec.)
Contact : Koji Kishimoto,
Director and Senior Executive Officer (Phone: +81-3-3470-6814)
(Revision) Partial Revision to the "Consolidated Financial Results for Fiscal Year Ended March 31, 2021
[Japanese GAAP]"
SOHGO SECURITY SERVICES CO., LTD. (hereinafter, the "Company") announces that there were partial revisions to "Consolidated Financial Results for Fiscal Year Ended March 31, 2021 [Japanese GAAP]" (hereinafter, the "Financial Results") announced on May 11, 2021. The Company apologizes for the revisions, and has revised the information as follows.
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Reason for the revision
The revision has been made due to the identified error in the Financial Results disclosed on May 11, 2021. In fiscal year ended March 31, 2021, revaluation reserve for land has changed ¥786 million due to the sale of land, and was reported in other comprehensive income as "Revaluation reserve for land" in consolidated statements of comprehensive income. But after the disclosure, in the auditing process of securities report, it was pointed out by the accounting auditor that based on Accounting Standard for Presentation of Comprehensive Income Statement No.31, the amount of change is not to be reported on consolidated statements of comprehensive income.
Note that this revision does not have impact on consolidated balance sheets, consolidated statements of income, and consolidated statements of cash flows. - Details of the revision
The location of the revision is underlined.
1.Summary of the consolidated financial results for fiscal year ended March 31, 2021 (April 1, 2020 - March 31, 2021)
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Consolidated operating results [Before revision]
1. Summary of the consolidated financial results for fiscal year ended March 31, 2021 (April 1, 2020 - March 31, 2021)
(1) Consolidated operating results | (Figures rounded down to the nearest million) | |||
Net sales | Operating income | Ordinary income | Profit attributable to | |
owners of parent | ||||
Millions of yen | % Millions of yen | % Millions of yen | % Millions of yen | % |
Fiscal year ended
March 31, 2021 | 469,920 | 2.1 | 37,182 | 1.1 | 39,212 | 0.9 | 25,014 | 3.5 | |
March 31, 2020 | 460,118 | 3.7 | 36,795 | 14.0 | 38,880 | 14.8 | 24,163 | 8.5 | |
Note: Comprehensive income: | Year ended March 31, 2021 | ¥42,327million | 104.4% | ||||||
Year ended March 31, 2020 | ¥20,712 million | (7.3%) |
[After revision]
1. Summary of the consolidated financial results for fiscal year ended March 31, 2021 (April 1, 2020 - March 31, 2021)
(1) Consolidated operating results | (Figures rounded down to the nearest million) | ||||||||||||||||
Net sales | Operating income | Ordinary income | Profit attributable to | ||||||||||||||
owners of parent | |||||||||||||||||
Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | ||||||||||
Fiscal year ended | |||||||||||||||||
March 31, 2021 | 469,920 | 2.1 | 37,182 | 1.1 | 39,212 | 0.9 | 25,014 | 3.5 | |||||||||
March 31, 2020 | 460,118 | 3.7 | 36,795 | 14.0 | 38,880 | 14.8 | 24,163 | 8.5 | |||||||||
Note: Comprehensive income: | Year ended March 31, 2021 | ¥41,541million | 100.6% | ||||||||||||||
Year ended March 31, 2020 | ¥20,712 million | (7.3%) |
1. Overview of Operating Results and Financial Position
- Overview of Operating Results
B. Comparative Analysis of the Consolidated Statements of Income [Before revision]
Comprehensive income increased ¥21,615million or 104.4% year on year to ¥42,327million. This was due to a ¥14,821 million increase in remeasurements of defined benefit plans, net of tax and a ¥4,264 million increase in valuation difference of available-for-sale securities, reflecting robust financial market conditions, and a ¥1,139 million increase in net income.
[After revision]
Comprehensive income increased ¥20,829million or 100.6% year on year to ¥41,541million. This was due to a ¥14,821 million increase in remeasurements of defined benefit plans, net of tax and a ¥4,264 million increase in valuation difference of available-for-sale securities, reflecting robust financial market conditions, and a ¥1,139 million increase in net income.
4. Consolidated Financial Statements and Significant Notes
- Consolidated Statements of Income and Consolidated Statements of Comprehensive Income
Consolidated Statements of Comprehensive Income [Before revision]
(Millions of yen) | ||
Fiscal year ended March 31, 2020 | Fiscal year ended March 31, 2021 | |
Net income | 25,715 | 26,855 |
Other comprehensive income | ||
Valuation difference on available-for-sale securities | (1,783) | 2,480 |
Revaluation reserve for land | - | 786 |
Foreign currency translation adjustment Remeasurements of defined benefit plans, net of tax Share of other comprehensive income (loss) of
associates accounted for using equity method Total other comprehensive income (loss)
Comprehensive income (Contents)
Comprehensive income attributable to owners of the parent
Comprehensive income attributable to non-controlling interests
(45) | (41) |
(2,995) | 11,825 |
(177) | 421 |
(5,003) | 15,472 |
20,712 | 42,327 |
19,454 | 40,157 |
1,258 | 2,170 |
[After revision]
(Millions of yen) | ||
Fiscal year ended March 31, 2020 | Fiscal year ended March 31, 2021 | |
Net income | 25,715 | 26,855 |
Other comprehensive income |
Valuation difference on available-for-sale securities Foreign currency translation adjustment Remeasurements of defined benefit plans, net of tax Share of other comprehensive income (loss) of
associates accounted for using equity method Total other comprehensive income (loss)
Comprehensive income (Contents)
Comprehensive income attributable to owners of the parent
Comprehensive income attributable to non-controlling interests
(1,783) | 2,480 |
(45) | (41) |
(2,995) | 11,825 |
(177) | 421 |
(5,003) | 14,686 |
20,712 | 41,541 |
19,454 | 39,371 |
1,258 | 2,170 |
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Disclaimer
SOHGO Security Services Co. Ltd. published this content on 08 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 June 2021 06:08:02 UTC.