GMO Pepabo : Consolidated Financial Results for the Six Months Ended June 30, 2020

Consolidated Financial Results

for the Six Months Ended June 30, 2020

[Japanese GAAP]

July 29, 2020

Company name: GMO Pepabo, Inc.

Stock exchange listing: Tokyo Stock Exchange

Code number: 3633

URL: https://pepabo.com/

Representative: Kentaro Sato, CEO and President

Contact: Yoshito Igashima, CFO and Board Director

Phone: [phone]

Scheduled date of filing quarterly securities report: August 6, 2020

Scheduled date of commencing dividend payments: ―

Availability of supplementary briefing material on quarterly financial results: Available

Schedule of quarterly financial results briefing session: Scheduled (for institutional investors and analysts)

(Amounts of less than one million yen are rounded down.)

1. Consolidated Financial Results for the Six Months Ended June 30, 2020 (from January 1, 2020 to June 30, 2020)

(1) Consolidated Operating Results			(% indicates changes from the previous corresponding period.)
		Net sales			Operating profit	Ordinary profit	Profit attributable to
				owners of parent
	Six months ended	Million yen	%	Million yen	%	Million yen	%	Million yen	%
	June 30, 2020	5,352	21.1	623	23.2	665	27.6	394	(1.6)
	June 30, 2019	4,419	-	506	-	521	-	401	-
(Note) Comprehensive income: Six months ended June 30, 2020: ¥ 391 million [5.5%]
		Six months ended June 30, 2019: ¥ 371 million [-%]
		Basic earnings		Diluted earnings
		per share			per share
	Six months ended	Yen		Yen
	June 30, 2020	75.65		75.53
	June 30, 2019	76.70		75.98

(Notes) 1. The Company started to disclose financial results on a consolidated basis from the three months ended March 31, 2019. Accordingly, percentage changes from the previous corresponding period are not presented.

2. The Company executed a two-for-one stock split on April 1, 2019. Accordingly, the figures for basic earnings per share and diluted earnings per share have been calculated assuming that the stock split was executed at the beginning of the fiscal year ended December 31, 2019.

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(2) Consolidated Financial Position

Total assets

Net assets

Equity ratio

Million yen

Million yen

%

As of June 30, 2020

7,283

1,816

24.3

As of December 31, 2019

6,371

1,769

27.0

(Reference) Equity: As of June 30, 2020: ¥ 1,772 million

As of December 31, 2019: ¥ 1,719 million

2. Dividends

Annual dividends

1st

2nd

3rd

Year-end

Total

quarter-end

quarter-end

quarter-end

Yen

Yen

Yen

Yen

Yen

Fiscal year ended December 31,

0.00

0.00

0.00

65.00

65.00

2019

Fiscal year ending December 31,

0.00

0.00

2020

Fiscal year ending December 31,

0.00

52.50

52.50

2020 (Forecast)

(Notes) Revision to the dividends forecast most recently announced: No

3. Consolidated Financial Results Forecast for the Fiscal Year Ending December 31, 2020 (from January 1, 2020 to December 31, 2020)

(% indicates changes from the previous corresponding period.)

	Net sales		Operating profit	Ordinary profit	Profit attributable	Basic earnings
		to owners of parent	per share
	Million yen	%	Million yen	%	Million yen	%	Million yen	%	Yen
Full year	9,600	7.3	829	5.8	837	0.2	542	0.0	104.13

(Notes) Revision to the financial results forecast most recently announced: No

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* Notes:

1. Changes in significant subsidiaries during the six months ended June 30, 2020: No (Changes in specified subsidiaries resulting in changes in scope of consolidation) New: None
   Excluded: None
2. Adoption of special accounting methods in preparation of quarterly consolidated financial statements: No
3. Changes in accounting policies, changes in accounting estimates and retrospective restatement
4. 1. Changes in accounting policies due to the revision of accounting standards: No
   2. Changes in accounting policies other than 1) above: No
   3. Changes in accounting estimates: No
   4. Retrospective restatement: No
5. Total number of issued shares (common shares)
6. 1. Total number of issued shares at the end of the period (including treasury stock):

June 30, 2020: 5,434,600 shares

December 31, 2019: 5,434,600 shares

1. Total number of treasury stock at the end of the period: June 30, 2020: 221,206 shares
   December 31, 2019: 221,206 shares
2. Average number of shares during the period:

Six months ended June 30, 2020: 5,213,394 shares

Six months ended June 30, 2019: 5,228,066 shares

• These quarterly financial results are outside the scope of quarterly review by certified public accountants or audit firms.
• Explanation of the proper use of financial results forecast and other notes

The statements concerning future performance presented in this document are based on currently available information and certain preconditions which the Company believes to be reasonable at this time and does not constitute a guarantee of the Company to achieve. Actual results may be substantially different from these forecasts presented herein due to various factors.

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