Sansan : Notification Regarding Booking of Non-operating Expenses
10/08/2021 | 02:07am EDT
October 8, 2021
To whom it may concern:
Representative Director & CEO
(Code: 4443 TSE 1st Section)
Director, Executive Officer, CFO
Notification Regarding Booking of Non-operating Expenses
Sansan, Inc. (the "Company") announces today that it has booked the following non-operating expenses in the financial results for the three months ended August 31, 2021.
1. Details of the Non-operating Expenses
Currently, our equity-method affiliates include CREATIVE SURVEY Inc., which handles online survey tools, SATORI Inc., which develops and sells marketing automation tools, etc. Many of these affiliated companies accounted for by the equity method companies are currently at the stage of aggressive investment for business growth, such as product development and marketing. Since the Company has posted a deficit, an equity-method investment loss of ¥128 million will be recorded.
The aforementioned non-operating expenses have been fully reflected in the financial results announced today as the "Financial Results for FY2021 Q1." Although the Company is expecting to record a surplus in both ordinary profit and profit attributable to owners of parent for FY2021, it is difficult to make a precise forecast. Accordingly, the Company will refrain from disclosing a concrete forecast at this point in time.