Toei Animation : Financial Statement

TOEI ANIMATION CO., LTD.

Financial Statements

(Unaudited)

FY2022

Note: This document is a translation of a part of the original Japanese version and provided for reference purposes only. In the event of any discrepancy between the Japanese original and this English translation, the Japanese original shall prevail.

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1 [Consolidated Financial Statements]

(1) [Consolidated Financial Statements]

1) [Consolidated Balance Sheets]

							(Million Yen)
						As of March 31, 2021	As of March 31, 2022
Assets
	Current assets
		Cash and time deposits	43,041	60,149
		Notes and accounts receivable - trade	12,790	*1 14,659
		Securities	46	155
		Merchandise and finished goods	329	410
		Work in process	7,507	12,816
		Raw materials and supplies	88	86
		Short-term loans receivable from subsidiaries and	54	3,059
		associates
		Other	1,007	1,622
		Allowance for doubtful accounts	(30)	(29)
		Total current assets	64,834	92,929
	Fixed assets
		Property, plant and equipment
			Buildings and structures	7,890	7,942
				Accumulated depreciation	(1,128)	(1,371)
				Buildings and structures, net	6,761	6,570
			Land	1,315	1,315
			Other	1,730	1,959
				Accumulated depreciation	(1,225)	(1,328)
				Other, net	505	630
			Total property, plant and equipment	8,582	8,516
		Intangible fixed assets
			Software	525	632
			Other	1	1
			Total intangible fixed assets	527	633
		Investments and other assets
			Investment securities	*2 13,706	*2 12,808
			Long-term loans receivable from subsidiaries	6,018	3,012
			and associates
			Long-term time deposits	10,500	7,500
			Net defined benefit assets	56	71
			Other	1,289	1,444
			Allowance for doubtful accounts	(37)	(34)
			Total investments and other assets	31,533	24,803
		Total fixed assets	40,643	33,953
	Total assets	105,477	126,883

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					(Million Yen)
				As of March 31, 2021	As of March 31, 2022
Liabilities
	Current liabilities
		Notes and accounts payable - trade		11,015	20,007
		Income taxes payable	2,820	2,926
		Contract Liabilities		-	4,648
		Provision for bonuses	439	461
		Other		3,347	1,922
		Total current liabilities	17,623	29,966
	Fixed Liabilities
		Provision for share awards for directors (and other	63	100
		officers)
		Net defined benefit liability		2,130	137
		Other	539	633
		Total fixed liabilities		2,733	871
	Total liabilities	20,356	30,838
Net assets
	Shareholders' equity
		Common stock		2,867	2,867
		Capital surplus	3,409	3,409
		Retained earnings		76,290	86,245
		Treasury stock	(672)	(673)
		Total shareholders' equity		81,894	91,849
	Accumulated other comprehensive income
		Valuation difference on available-for-sale		3,294	3,003
		securities
		Deferred gains or losses on hedges		1	1
		Foreign currency translation adjustment		(69)	1,189
		Total accumulated other comprehensive income		3,226	4,195
	Total net assets		85,120	96,044
Total liabilities and net assets	105,477	126,883

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1. [Consolidated Statements of Income and Comprehensive Income] [Consolidated Statement of Income]

				(Million Yen)
			Fiscal year ended March 31, 2021 Fiscal year ended March 31, 2022
			(from April 1, 2020	(from April 1, 2021
			to March 31, 2021)	to March 31, 2022)
Net sales	51,595	*1 57,020
Costs of sales	*2 28,655	*2 30,327
Gross profit	22,939	26,693
Selling, general and administrative expenses	*3 7,436	*3 8,585
Operating income	15,503	18,107
Non-operating income
	Interest income		76	39
	Dividend income	241	592
	Foreign exchange gains		327	56
	Other	162	170
	Total non-operating income		809	859
Non-operating expense
	Interest expenses		45	2
	Share of loss of entities accounted for using equity	60	75
	method
	Loss on investments in silent partnerships		49	-
	Other	115	66
	Total non-operating expenses		271	144
Ordinary income		16,040	18,822
Extraordinary income
	Gain on liquidation of subsidiaries and associates	-	1
	Total extraordinary income		-	1
Extraordinary Losses
	Loss on valuation of investment securities		46	204
	Total extraordinary losses		46	204
Income before income taxes	15,994	18,619
Income taxes - current	5,009	5,672
Income taxes - deferred	(83)	126
Total income taxes	4,926	5,799
Net income	11,067	12,820
Net income attributable to owners of parent	11,067	12,820

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[Consolidated Statement of Comprehensive Income]

		(Million Yen)
	Fiscal year ended March 31, 2021 Fiscal year ended March 31, 2022
	(from April 1, 2020	(from April 1, 2021
	to March 31, 2021)	to March 31, 2022)
Net Income	11,067	12,820
Other comprehensive income

Valuation difference on available-for-sale securities

Deferred gains or losses on hedges

Foreign currency translation adjustment

Share of other comprehensive income of entities accounted for using equity method

Total other comprehensive income

Comprehensive income

(Comprehensive income attributable to)

Comprehensive income attributable to owners of parent

Comprehensive income attributable to non-controlling interests

1,820	(178)
3	0
271	1,259
108	(112)
*1 2,203	*1 969
13,271	13,789
13,271	13,789
-	-

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