Business Performance Summary

Silde: Financial Results for FYE3/'21 - Highlights # While revenue decreased due to the impact of COVID-19, all levels of profit or loss below core operating income exceeded the results of the previous year due to a recovery in the second half.
Silde: JVCKENWOOD Group - Trends in Quarterly Results # In the second half of FYE3/'21, the results significantly recovered from the impact of COVID-19 and the core operating income exceeded 10 billion yen for the first time after the merger.
Silde: Financial Results for FYE3/'21 - Consolidated Profit/Loss (Summary) # While impairment loss amounted to approximately 2.8 billion yen in the Media Service and Public Service Sectors due to the impact of COVID-19 and the revision of business policy, all levels of profit or loss increased due to an increase in core operating income.
Silde: Financial Results for FYE3/'21 - Financial Position (Summary) # Cash and deposits as of the end of March 2021 amounted to 59.6 billion yen. Together with securities, on-hand liquidity was 61.9 billion yen (on-hand liquidity ratio: 2.4 months). # Commitment line of approx. 30.0 billion yen is unused.
Silde: Financial Results for FYE3/'21 - Cash Flow Summary # Net cash provided by operating activities increased, reflecting profit before income taxes and cash inflows from working capital. # Net cash used in investing activities decreased due to a decrease in purchases of property, plant and equipment as well as intangible assets. Free cash flow improved sharply year-on-year. # Net cash used in financial activities increased due to an increase in repayment of long-term loans payable.