TORIDOLL : Summary of Consolidated Financial Results For the Nine Months ended December 31, 2021(IFRS)

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 Results For the Nine Months ended December 31, 2021 (IFRS)

February 14, 2022

Company name: TORIDOLL Holdings Corporation

Stock exchange listing: Tokyo Stock Exchange

Stock code: 3397

URL: https://www.toridoll.com

Representative: Takaya Awata, President, Representative Director

Inquiries: Satoshi Yamaguchi, Head of Finance Division and Finance Department

TEL: [phone]

Date of release of quarterly securities report: February 14, 2022

Starting date of dividend payments: -

Preparation of explanatory materials on quarterly financial results: Yes

Information meetings arranged related to quarterly financial results: No

(Amounts are rounded to the nearest million)

1. Consolidated Financial Results for the Nine Months Ended December 31, 2021

(1) Consolidated Operating Results

(% figures denote year-on-year change)

Revenue

Business profit

Operating profit

Profit before tax

Profit for the

period

Millions

%

Millions

%

Millions

%

Millions

%

Millions

%

of yen

of yen

of yen

of yen

of yen

Nine months ended

116,922

16.0

6,215

―

14,506

―

13,948

―

9,290

―

December 31, 2021

Nine months ended

100,820

(15.5)

(2,630)

―

(1,727)

―

(3,282)

―

(2,173)

―

December 31, 2020

Profit for the period

Comprehensive income

Earnings per share

Earnings per share

attributable to owners

attributable to owners

attributable to owners of

for the period

of the parent

of the parent (basic)

the parent (diluted)

Millions of

%

Millions of

%

Yen

Yen

yen

yen

Nine months ended

9,121

―

11,122

―

102.05

101.23

December 31, 2021

Nine months ended

(2,209)

―

(4,059)

―

(29.35)

(29.35)

December 31, 2020

(Reference) EBITDA (*)

Nine months ended December 31, 2021: ¥ 21,107 million (increased 81.6% year-on-year basis)

Nine months ended December 31, 2020: ¥ 11,623 million

Adjusted EBITDA

Nine months ended December 31, 2021: ¥ 22,186 million (increased 69.5% year-on-year basis)

Nine months ended December 31, 2020: ¥ 13,088 million

(*) The Company discloses EBITDA as comparative information.

EBITDA = Operating Profit + Other Operating Expenses - Other Operating Income + Depreciation + Amortization

Adjusted EBITDA = EBITDA + Impairment Loss + Extraordinary Expenses

(2) Consolidated Financial Position

Equity

Equity

Equity per

share

attributable to

attributable to

Total assets

Total equity

attributable to

owners of

owners of

owners of

parent

parent ratio

parent

Millions of yen

Millions of yen

Millions of yen

%

Yen

As of December 31, 2021

227,501

66,640

59,223

26.0

682.64

As of March 31, 2021

209,411

39,940

39,461

18.8

456.92

2. Dividends

Annual dividend per share

Q1

Q2

Q3

Year-end

Total

Yen

Yen

Yen

Yen

Yen

Fiscal Year ended March 31, 2021

―

0.00

―

4.50

4.50

Fiscal Year ended March 31, 2022

―

0.00

―

Fiscal Year ending March 31, 2022

―

―

(Forecast)

3. Consolidated Financial Result Forecasts for the Fiscal Year Ending March 31, 2022

Percentages indicate year-on-year changes

Revenue

Business profit

Operating profit

Profit before tax

Profit for the

period

Millions of yen

%

Millions of yen

%

Millions of yen

%

Millions of yen

%

Millions of yen

%

Fiscal year

155,000

15.0

6,400

―

11,300

―

10,200

―

5,800

―

Profit for the period

Earnings per share

attributable to owners of

attributable to owners

the parent

of the parent (basic)

Millions of yen

%

Yen

Fiscal year

5,400

―

57.96

• Notes

1. Changes in significant subsidiaries during the period
   (changes in specified subsidiaries resulting in the change in scope consolidation): No
   New: －
   Excluded: －
2. Changes in accounting policies and accounting estimates
3. 1. Changes in accounting policies as required by IFRS: No
   2. Changes in accounting policies other than 1) above: No
   3. Changes in accounting estimates: No

(3) Number of shares outstanding (ordinary shares)

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

	As of December 31, 2021	87,607,952 shares
	As of March 31, 2021	87,221,952 shares
2) Number of treasury shares at the end of the period
	As of December 31, 2021	851,372 shares
	As of March 31, 2021	858,344 shares
3) Average number of shares during the period
	Nine months ended December 31, 2021	86,519,310 shares
	Nine months ended December 31, 2020	86,260,654 shares

*Summary quarterly financial statements are not subject to quarterly review by a public certified accountant or an auditing

firm.

• Appropriate use of financial results forecasts and other notes
  The forward-looking statements in this report are based upon various assumptions, including, without limitation, business forecasts, management's estimates, assumptions, and projections at the time of publication. These statements do not represent a promise or commitment by the Company to achieve these forecasts. Actual results may differ significantly from these forecasts due to a wide range of factors.

Condensed Quarterly Consolidated Financial Statements

Condensed Quarterly Consolidated Statements of Financial Position

			(Millions of yen)
		As of March 31, 2021	As of December 31, 2021
Assets
Current assets
Cash and cash equivalents	24,969	49,250
Trade and other receivables	5,497	5,496
Inventories	718	538
Other current assets	1,638	2,047
Total current assets	32,823	57,331
Non-current assets
Property, plant and equipment	31,955	31,676
Right-of-use assets	78,110	75,581
Intangible assets and goodwill	40,258	40,890
Investments accounted for using the equity	3,684	3,796
method
Other financial assets	13,706	12,700
Deferred tax assets	7,778	4,386
Other non-current assets	1,096	1,141
Total non-current assets
176,588	170,170
Total assets
209,411	227,501

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			(Millions of yen)
		As of March 31, 2021	As of December 31, 2021
Liabilities
Current liabilities
Trade and other payables	12,232	10,347
Short-term loans payable	7,022	4,024
Current portion of long-term loans payable	13,295	12,040
Lease liabilities	14,429	14,979
Income taxes payable	1,215	1,045
Provisions	970	901
Other current liabilities	5,249	5,002
Total current liabilities	54,412	48,338
Non-current liabilities
Long-term loans payable	41,974	43,249
Lease liabilities	66,605	62,577
Provisions	4,002	3,990
Deferred tax liabilities	1,383	1,542
Other non-current liabilities	1,096	1,165
Total non-current liabilities	115,059	112,524
Total liabilities	169,471	160,862
Equity
Equity attributable to owners of the parent
Capital stock	4,208	4,464
Capital surplus	2,348	11,977
Other equity instruments	10,847	10,847
Retained earnings	23,131	31,422
Treasury shares	(1,026)	(1,022)
Other components of equity	(46)	1,535
Total equity attributable to owners of the parent	39,461	59,223
Non-controlling interests	478	7,416
Total equity	39,940	66,640
Total liabilities and equity
209,411	227,501

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