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English Translation This is a translation of the original release in Japanese . In the event of any discrepancy , the original release in Japanese shall prevail . Company name : Listing : Securities code : URL : Representative : Inquiries : TEL : Three months ended September 30 , 2021 September 30 , 2020 Notes : 1 . Scheduled date to file quarterly securities report : Scheduled date to commence dividend payment : Preparation of supplementary materials on financial results : Holding of financial results meeting : 2 . Consolidated Financial Results for the Three Months Ended September 30 , 2021 [ Japanese GAAP ] freee K.K. Tokyo Stock Exchange 4478 http://www.freee.co.jp Daisuke Sasaki , Representative Director and CEO Sumito Togo , Director and CFO + 81-3-6630-3231 Three months ended September 30 , 2021 September 30 , 2020 Note : 1 . 1. Consolidated financial results for the first three months of the fiscal year ending June 30 , 2022 ( from July 1 , 2021 to September 30 , 2021 ) ( 1 ) Consolidated operating results As of September 30 , 2021 June 30 , 2021 Reference : Net sales Millions of yen Comprehensive income 3,392 52.5 2,225 49.2 Basic earnings per share ( 2 ) Consolidated financial position Adjusted operating profit % Millions of yen ( 329 ) ( 269 ) Total assets Millions of yen 54,270 55,286 Equity As of September 30 , 2021 : As of June 30 , 2021 : November 12 , 2021 Yes Yes ( for institutional investors and analysts ) Diluted earnings per share Three months ended September 30 , 2021 : Three months ended September 30 , 2020 : Operating profit % Millions of yen ( 501 ) ( 272 ) Yen ( Millions of yen with fractional amounts rounded down , unless otherwise noted ) Adjusted operating profit is the sum of the operating profit , stock - based compensation expenses , expenses for amortization of acquisition - related intangible assets , and one - time cost . Net assets Equity - to - asset ratio Millions of yen 46,565 46,871 ( Percentages indicate year - on - year changes . ) ¥ 46,227 million ¥ 46,560 million Ordinary profit Yen ( 9.10 ) ( 5.60 ) Diluted earnings per share is not stated because , although potential shares exist , basic loss per share was recorded . % 85.2 84.2 % Millions of yen ( 495 ) ( 268 ) ¥ ( 500 ) million [ - % ] ¥ ( 271 ) million [ - % ] November 12 , 2021 Financial Acc % Millions of yen Accounting Standards For Profit attributable to owners of parent FASF MEMBERSHIP Foundation ( 500 ) ( 271 ) %