Quarterly consolidated financial statements(1) Quarterly consolidated balance sheet(Millions of yen)
As of March 31, 2018
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Securities
Land and buildings for sale
Merchandise
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles, net
LandConstruction in progress
Other, net
Total property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
Long-term loans receivable
Deferred tax assets
Net defined benefit asset
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets-1-

As of December 31, 2018

20,31731,19951
105,070
1,772
10,099(243)
168,266

19,47423,447
6
119,537
2,211
17,829(250)
182,257

193,388
16,672
217,866
19,065
8,632
455,624
9,267

194,451
18,093
218,153
28,8389,654
469,191
8,702

43,676
689
9,500
704
11,340(283)
65,627
530,519
698,786

45,009
565
8,950
1,126
12,245(293)
67,605545,499
727,756

(Millions of yen)

Liabilities
Current liabilities
Notes and accounts payable - trade
Short-term loans payable
Short-term bonds payable
Current portion of bonds
Income taxes payable
Advances received
Provision for bonuses
Provision for loss on unused gift certificate
Other
Total current liabilities
Non-current liabilities
Bonds payable
Long-term loans payable
Long-term accounts payable - other
Deferred tax liabilities
Deferred tax liabilities for land revaluation
Provision for directors' retirement benefits
Net defined benefit liability
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Capital stock
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-salesecurities
Revaluation reserve for land
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Share acquisition rights
Non-controlling interests
Total net assets
Total liabilities and net assets-2-

As of March 31, 2018

As of December 31, 2018

11,58880,202–
10,045
4,524
7,521
2,555
565
44,596
161,600

13,28980,253
10,00010,045
1,312
11,331
1,826
602
45,592
174,253

80,125
146,026536
10,91533,137345
18,79023,749313,626475,226

80,087
151,964483
10,37033,134326
18,482
24,626
319,476493,730

51,46628,787
117,384(21,603)
176,033

51,46628,787
128,678(21,620)
187,311

10,787

9,091

36,0886(2,540)44,341
44
3,139
223,559
698,786

36,56420(2,564)
43,111
75
3,527
234,026
727,756

(2) Quarterly consolidated statement of income and quarterly consolidated statement of comprehensive
incomeQuarterly consolidated statement of income (cumulative)(Millions of yen)
Nine months ended
December 31, 2017
Operating revenue
Operating expenses
Operating expenses and cost of sales oftransportation
Selling, general and administrative expenses
Total operating expenses
Operating profit
Non-operating income
Interest income
Dividend income
Miscellaneous income
Total non-operating income
Non-operating expenses
Interest expenses
Share of loss of entities accounted for using equity
methodMiscellaneous expenses
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sales of investment securities
SubsidyGain on sales of non-current assets
Contribution for construction
Gain on sales of shares of subsidiaries and associates
Other
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Loss on disaster
Loss on reduction of non-current assets
Impairment loss
Loss on sales of investment securities
Compensation for damage
Other
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent-3-

Nine months ended
December 31, 2018

222,993

226,665

168,009170,689

30,487
198,497
24,49630,544201,233
25,431

50
782
689
1,521

42
874
775
1,692

1,927

1,813

43

68

760
2,731
23,287724
2,606
24,517

0
400
261
–
3,164
254
4,081

479
378
93
16
–
139
1,107

302
–
24
–
–
152
8
488
26,880
7,742
532
8,274
18,605383
18,222

966
555
35
6
6
–
–
1,570
24,053
7,084
734
7,819
16,234443
15,790Quarterly consolidated statement of comprehensive income (cumulative)(Millions of yen)
Nine months ended
December 31, 2017
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Remeasurements of defined benefit plans, net of tax
Share of other comprehensive income of entities
accounted for using equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners ofparent
Comprehensive income attributable to noncontrolling interests-4-Nine months ended
December 31, 2018

18,60516,234

1,341
435

(1,724)
(23)

(6)

13

1,770
20,375(1,734)
14,50019,96014,084415415

(3) Notes on quarterly consolidated financial statements
Notes on premise of going concern
No items to report.
Notes on significant changes in the amount of shareholders’ equity
No items to report.
Additional information(Application of “Partial Amendments to Accounting Standard for Tax Effect Accounting” and relevantGuidances)
The Company has applied the “Partial Amendments to Accounting Standard for Tax Effect Accounting”(ASBJ Statement No. 28, February 16, 2018) and relevant Guidances effective from the beginning of
the first quarter of the fiscal year ending March 31, 2019. Accordingly, deferred tax assets werepresented under “Investments and other assets” and deferred tax liabilities were presented under “Noncurrent liabilities.”
Significant subsequent events(Issuance of unsecured bonds)
Pursuant to a comprehensive resolution on the issuance of bonds approved at a meeting of the Board of
Directors held on May 28, 2018, the Company issued the 31st series of unsecured bonds under thefollowing conditions.
(1)
Total issue amount10,000 million yen(2)Issue price
100 yen per bond with face value of 100 yen(3)Payment date
January 24, 2019(4)
Maturity date
January 24, 2029
(5)Interest rate
0.455% per year
(6)
Fund usage
Capital investment for “THE THOUSAND KYOTO,” etc.

-5-