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Note : This document has been translated from the Japanese original for reference purposes only . In the event of any discrepancy between this translated document and the Japanese original , the original shall prevail . Summary of Consolidated Financial Results for the First Quarter Ending December 31 , 2021 [ JA - GAAP ] Company Name : MEC COMPANY LTD . Stock Code No .: 4971 Company URL : https://www.mec-co.com/en/ Representative : Kazuo MAEDA , CEO & President Contact : Yoshihiro SAKAMOTO , Corporate Communication Office TEL : + 81- ( 0 ) 6-6401-8160 Scheduled date for submitting quarterly reports : May 13 , 2021 Commencement Date of Dividend ( Scheduled ) : Creation of reference materials supplementary to the results : Yes Holding of briefing sessions regarding the results : 1. Consolidated financial results ( January 1 , 2021 to March 31 , 2021 ) ( 1 ) Results of operations Three months ended March 31 , 2021 Three months ended March 31 , 2020 Three months ended March 31 , 2021 Three months ended March 31 , 2020 Millions of yen 3,505 ( 2 ) Financial position 2. Dividends Net sales Fiscal year ended December 31 , 2020 Fiscal year ending December 31 , 2021 Net income per share Yen 39.11 16.72 Total assets 1Q Yen 24.7 95.5 2,809 20.7 498 142.1 463 92.9 317 100.0 Note : Comprehensive income : Three months ended March 31 , 2021 : 1,107 million yen ( 891.6 % ) ; Three months ended March 31 , 2020 : 111 million yen ( -52.4 % ) % Millions of yen 973 2Q Net sales Diluted net income per share Yen Operating income Yen 12.00 Millions of yen Millions of yen As of 18,309 March 31 , 2021 22,516 21,510 As of 17,470 81.2 December 31 , 2020 ( Reference ) Shareholder's equity : As of March 31 , 2021 : 18,309 million yen ; As of December 31 , 2020 : 17,470 million yen 14.00 Net assets Yes ( for institutional investors ) Annual dividend 3Q ( % represent annual changes over the preceding year unless otherwise stated . ) Net income attributable to parent company's shareholders Ordinary income Yen Fiscal year ending December 31 , 2021 ( Forecast ) ( Note ) Revision of recently announced dividends forecast : None May 12 , 2021 Stock exchange listing : Tokyo Stock Exchange 4Q 1st half Full year ( Note ) Revision of recently announced earnings forecast : Yes % Millions of yen 1,036 Yen 14.00 ( Amounts less than one million yen have been disregarded . ) 14.00 Millions of yen % Millions of yen % Millions of yen 6,900 21.0 1,750 54.4 1,850 13,600 13.7 3,100 30.8 3,200 Equity ratio Annual Yen 26.00 28.00 % 123.4 % 3. Consolidated earnings forecasts for the fiscal year ending December 31 , 2021 ( January 1 , 2021 to December 31 , 2021 ) ( Percentages indicate changes from previous fiscal year for full - year figures , and year - on - year changes for quarterly changes . ) Operating income Ordinary income Net income attributable to parent company's shareholders Millions of yen 1,300 2,250 64.2 34.0 % Millions of yen 742 81.3 % 133.9 % 63.7 41.0 Net income per share Yen 68.47 118.46