Summary of Business Results for the Second Quarter Ended September 30, 2015
[Japan GAAP] (Consolidated)
October 30, 2015
Company
Stock Code
Representative
Contact

Listed on the TSE/NSETOSHO CO., LTD8920
URL http://www.to-sho.net/
Toshihiro Kutsuna, President and CEO
Naoya Kuwazoe,
T E L: +81-566-79-3111
Managing Director, Manager of Administrative Dept.
Expected date of filing of quarterly report: November 5, 2015
Expected starting date of dividend payment: December 10, 2015
Preparation of quarterly supplementary financial document: None
Quarterly results briefing: Yes (For individual and institutional investors and analysts)（Rounded down to million yen）

1. Consolidated business for the six months ended September 2015 (April 1, 2015 through September 30, 2015)(1) Consolidated results of operations(% change from the previous corresponding period)

Net sales

Operating income

Million yen% Million yen
Six months ended Sept. 2015
9,438
2,642
Six months ended Sept. 2014
(Note) Comprehensive income:Year ended September 2015: 1,631 million yen (-%)
Year ended September 2014: - million yen (- %)Net income attributable toowners of parent

Ordinary income%Million yen
2,597--%-Million yen
1,528-%-Net income
per share

Diluted net income pershare
YenYenSix months ended Sept. 2015
79.80
Six months ended Sept. 2014
(Note) Because the company started to prepare consolidated quarterly financial statements since the third quarter of the fiscal year
ended March, 2015, no figures and percentage changes from year-ago for the second quarter of the fiscal year ended March
2015 are presented.

(2) Consolidated financial position
Total assets

Shareholders’equity ratio

Net assets

Million yen
As of Sept. 2015
40,896
As of Mar. 2015
36,297(Reference) Shareholders’ equity:
As of September 2015: 17,583 million yen
As of March 2015: 16,247 million yen

Million yen
18,447
17,016

Net assets
per share%

Yen

43.0
44.8

918.04848.26

2. Dividends
End of 1Q
Yen
Year ended Mar. 2015
Year ending Mar. 2016
Year ending Mar. 2016 (forecast)

Annual dividend
End of 3Q

End of 2Q
Yen――

Year-end
Yen

9.00
10.00

TotalYen

Yen

―

10.00

19.00

―

10.00

20.00

(Note) Revisions to dividend forecast for the current quarter: None3．Forecast of consolidated business results for the fiscal year ending March 2016
(April 1, 2015 through March 31, 2016)
Net salesYear ending Mar. 2016(% change from the previous corresponding period)
Operating income

Ordinary income

Net income
attributable toowners of parent

Million yen%

Million yen%

Million yen%

Million yen%

18,200

7.8

4,800

11.5

4,700

11.8

2,620

3.3

(Note) Revisions to business forecast for the current quarter: None－ 1 －Net income pershareYen

136.78

※Notes(1) Application of accounting procedures specific to preparation of the quarterly financial statements: None
(2) Changes in accounting policies, accounting estimates and restatement①Changes in accounting policies associated with revision of accounting standards:②Changes in accounting policies other than ①③Changes in accounting estimates④Restatement: None: None: None
: None(3) Shares outstanding (common stock)①Number of shares outstanding at the end of period (treasury stock included)
As of September 2015
19,157,500 shares
As of March 2015
19,157,500 shares②Treasury stock at the end of period
As of September 2015
3,852 shares
As of March 2015
3,574 shares③Average number of stock during period (quarterly cumulative period)
Six months ended September 2015
19,153,815 shares
Six months ended September 2014
19,154,141 shares※Implementation status of quarterly review procedure
At the time of disclosure of this report, the procedures for review of financial statements pursuant to the FinancialInstruments and Exchange Act are being conducted.
※Explanation regarding appropriate use of business forecasts and other special instructions
The above forecasts regarding future performance in this material are based on information currently available to theCompany and certain assumptions that the company deems to be reasonable at the time this report was prepared. The
Company does not make promises about the achievements. Actual results may differ significantly from the forecasts
due to various factors.

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