Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending March 31, 2022 [IFRS]

Consolidated Financial Results for the

Second Quarter of the Fiscal Year Ending March 31, 2022 [IFRS]

			November 5, 2021
Company Name	Premium Group Co., Ltd.	Listed on the Tokyo Stock Exchange
Stock Code	7199	URL https://www.premium-group.co.jp/
Representative	(Title)	President and CEO	(Name) Yohichi Shibata
Contact	(Title)	Director and Managing Executive Officer	(Name) Tomohiro Kanazawa

Tel. [phone]

Scheduled date of quarterly report submission:

Preparation of supplementary material for quarterly financial results: Holding of quarterly financial results meeting:

November 12, 2021	Scheduled date of commencement	December 7,
of dividend payment:	2021
Yes
None

(Amounts are rounded to the nearest million yen.)

1. Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending March 31, 2022 (April 1, 2021 to September 30, 2021)

(1) Consolidated Operating Results (fiscal year to date)	(% change from the same period of the previous fiscal year)
	Operating income	Profit before tax		Profit		Profit attributable to	Total comprehensive
			owners of parent	income
	Million yen	%	Million yen	%		Million yen	%		Million yen	%		Million yen		%
Second quarter of fiscal
year ending March 31,	10,104	20.5	1,915	(4.3)	1,365	3.3	1,358	3.4		1,302		(1.5)
2022
Second quarter of fiscal
year ended March 31,	8,386	26.0	2,001	(34.4)	1,321	(28.6)	1,313	(28.8)	1,322		(29.2)
2021
	Basic earnings	Diluted earnings
	per share	per share
		Yen		Yen
Second quarter of fiscal
year ending March 31,		106.02		104.73
2022
Second quarter of fiscal
year ended March 31,		102.89		101.38
2021
(2) Consolidated Financial Position
	Total assets	Total equity		Equity attributable to	Equity attributable to
		owners of parent	owners of parent ratio
		Million yen		Million yen			Million yen			%
Second quarter of fiscal
year ending March 31,		70,739		8,346			8,260			11.7
2022
Fiscal year ended March		68,156		7,291			7,211			10.6
31, 2021
2. Dividends
						Annual dividend
	First quarter	Second quarter		Third quarter		Year end	Total
		Yen		Yen			Yen			Yen			Yen
Fiscal year ended March		-		22.50			-				23.50				46.00
31, 2021
Fiscal year ending March		-		25.00
31, 2022
Fiscal year ending March							-				25.00				50.00
31, 2022 (forecast)

Note: Revisions to dividends forecast most recently announced: None

3. Forecasts of Consolidated Financial Results for the Fiscal Year Ending March 31, 2022 (April 1, 2021 to March 31, 2022)

(% change from the previous fiscal year)

	Operating income	Profit before tax	Profit		Profit attributable to	Basic earnings per
		owners of parent	share
	Million yen	%	Million yen	%	Million yen		%	Million yen	%	Yen
Full-year	21,446	20.3	3,500	1.1	2,422		1.2	2,409	1.1	186.99

Note: Revisions to financial forecast most recently announced: None

• Notes
• 1. Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in a change in scope of consolidation): None
  2. Changes in accounting policies and accounting estimates
  3. 1. Changes in accounting policies required by IFRS : None
     2. Changes in accounting policies for other reasons : None

3) Changes in accounting estimates	: None
(3) Number of shares issued and outstanding (common stock)
1) Number of shares issued and	Second quarter of		Fiscal year ended
outstanding at end of period	fiscal year ending	13,346,990 shares	13,334,390 shares
March 31, 2021
March 31, 2022
(including treasury shares)
2) Number of treasury shares at	Second quarter of		Fiscal year ended
fiscal year ending	528,686 shares	528,293 shares
end of period	March 31, 2021
March 31, 2022
3) Average number of shares	Second quarter of		Second quarter of
fiscal year ending	12,809,977 shares	fiscal year ended 12,764,700 shares
during period (fiscal year to date)
March 31, 2022		March 31, 2021

• Quarterly financial statements are not subject to quarterly review by a certified public accountant or auditing firm.
• Note to ensure appropriate use of forecasts and other remarks
  1. For additional information on financial results, also refer to the explanatory materials on financial results

released today and the quarterly securities report scheduled to be released on November 12. Financial results explanatory materials: https://ir.premium-group.co.jp/ja/library/presentation.html

Quarterly securities report:

https://ir.premium-group.co.jp/ja/library/securities.html

2. The forecasts above are based on information currently available and certain assumptions deemed reasonable by the Company as of the date of release of this document. Actual future results may differ from forecasts figures due to various factors.

• Contents of Attachments

1. Summary Quarterly Consolidated Financial Statements and Major Notes ..................................................................	2
(1)	Summary Quarterly Consolidated Statement of Financial Position.....................................................................	2
(2)	Summary Quarterly Consolidated Statement of Profit and Loss .........................................................................	3
(3)	Summary Quarterly Consolidated Statement of Comprehensive Income ............................................................	4
(4)	Summary Quarterly Consolidated Statement of Changes in Equity ....................................................................	5
(5)	Summary Quarterly Consolidated Statement of Cash Flows ...............................................................................	7
(6)	Notes on the Summary Quarterly Consolidated Financial Statements ................................................................	8
	(Notes concerning the going-concern assumption) ..............................................................................................	8
	(Changes in accounting policies) .........................................................................................................................	8
	(Changes in accounting estimates).......................................................................................................................	8
	(Segment information) .........................................................................................................................................	9
	(Important subsequent events) ...........................................................................................................................	10

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1. Summary Quarterly Consolidated Financial Statements and Major Notes

1. Summary Quarterly Consolidated Statement of Financial Position

			(Millions of yen)
		Previous consolidated	Second quarter of this
		fiscal year	consolidated fiscal year
		(March 31, 2021)	(September 30, 2021)
Assets
Cash and cash equivalents	8,054	8,181
Financial receivables	23,394	24,860
Other financial assets	9,829	11,961
Property, plant, and equipment	3,644	3,553
Intangible assets	5,768	5,859
Goodwill	3,958	3,958
Investments accounted for using equity method	1,434	1,317
Deferred tax assets	2	4
Insurance assets	3,111	3,262
Other assets	8,961	7,785
Total assets	68,156	70,739
Liabilities
Financial guarantee contracts	25,079	27,566
Borrowings	19,641	18,972
Other financial liabilities	6,703	6,158
Provisions	302	310
Income taxes payable	648	562
Deferred tax liabilities	1,404	1,378
Other liabilities	7,087	7,447
Total liabilities	60,865	62,393
Equity
Equity attributable to owners of parent
Capital	1,612	1,651
Share premium	1,281	1,287
Treasury shares	(1,201)	(1,201)
Retained earnings	5,403	6,460
Other components of equity	116	63
Total equity attributable to owners of parent	7,211	8,260
Non-controlling interests	79	86
Total equity	7,291	8,346
Total liabilities and equity		68,156	70,739

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(2) Summary Quarterly Consolidated Statement of Profit and Loss

		(Millions of yen)
	Cumulative second quarter	Cumulative second quarter
	of the previous consolidated	of this consolidated
	fiscal year	fiscal year
	(From April 1, 2020	(From April 1, 2021
	to September 30, 2020)	to September 30, 2021)
Operating income	8,386	10,104
Other finance income	3	1
Share of profit of investment accounted for using	-	78
equity method
Other income	625	16
Total income	9,015	10,199
Operating expense	6,944	8,216
Other finance cost	46	54
Share of loss of investments accounted for using	12	-
equity method
Other expense	11	13
Total expense	7,014	8,283
Profit for the term before tax	2,001	1,915
Income tax expense	680	551
Profit for the term	1,321	1,365
Attributable to:
Owners of parent	1,313	1,358
Non-controlling interests	8	6
Profit	1,321	1,365
Attributable to owners of parent earnings per share
Basic earnings per share (yen)	102.89	106.02
Diluted earnings per share (yen)	101.38	104.73

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