Summary of Business Results for the First Quarter Ended June 30, 2016
[Japan GAAP] (Consolidated)
July 29, 2016
C o m p a n y
Stock Code
Representative

Listed on the TSE/NSETOSHO CO., LTD8920
URL http://www.to-sho.net/
Yuichiro Kutsuna, President and COO
Naoya Kuwazoe,
C o n t a c t
T E L: +81-566-79-3111
Managing Director, Manager of Administrative Dept. and CFO
Expected date of filing of quarterly report: August 5, 2016
Expected starting date of dividend payment: 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 results for the three months ended June 2016 (April 1, 2016 through June 30, 2016)(1) Consolidated results of operations(% change from the previous corresponding period)

Net sales

Operating income

Net income attributable toowners of parent

Ordinary income

Million yen% Million yen%Three months ended Jun. 2016
5,077
9.2
1,315
9.5
Three months ended Jun. 2015
4,651
1,200(Note) Comprehensive income
Three months ended June 2016: 823 million yen (10.6%)
Three months ended June 2015: 744 million yen (-%)
Net income
Diluted net income perper shareshareYen
Yen
Three months ended Jun. 2016
40.53
Three months ended Jun. 2015
36.63
-Million yen
1,317
1,185

%
11.1
-

Million yen
776
701%
10.6
-

(2) Consolidated financial position
Total assets
Million yen
43,481
43,110

As of Jun. 2016
As of Mar. 2016

Shareholders’ equity
ratio

Net assets
Million yen
20,60319,999Net assets pershare%

Yen

45.0
44.1

1,022.56
993.03(Reference) Shareholders’ equity
As of June 2016: 19,585 million yen
As of March 2016: 19,020 million yen

2. Dividends
End of 1Q

10.00

Annual dividend
End of 3Q
Yen-

11.00

-

End of 2Q
Yen

Year ended Mar. 2016
Year ending Mar. 2017
Year ending Mar. 2017 (forecast)

Yen-

Year-end

Total
Yen

Yen

11.00

21.00

11.00

22.00

(Note) Revisions to dividend forecast for the current quarter: None

3．Forecast of consolidated business results for the fiscal year ending March 2017
(April 1, 2016 through March 31, 2017)
Net sales
Million yen

For the six months
ending Sept. 2016
Year ending Mar. 2017Operating income%(% change from the previous corresponding period)
Net income
Net income
attributable to owners
Ordinary income
per share

Million yen%

Million yen%of parent
Million yen%

Yen

10,120

7.2

2,733

3.4

2,716

4.6

1,600

4.7

83.54

20,700

7.7

5,760

5.7

5,720

6.3

3,330

5.5

173.85(Note) Revisions to business forecast for the current quarter: None－ 1 －*Notes(1) Application of accounting procedures specific to preparation of the quarterly financial statements: None
(2) Adoption of special accounting methods for preparation of quarterly consolidated financial statements: None
(3) 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: Yes: None
: None: None(4) Shares outstanding (common stock)①Number of shares outstanding at the end of period (treasury stock included)
As of June 2016
19,157,500 shares
As of March 2016
19,157,500 shares②Treasury stock at the end of period
As of June 2016
3,887 shares
As of March 2016
3,852 shares③Average number of stock during period (quarterly cumulative period)
Three months ended June 2016
19,153,637 shares
Three months ended June 2015
19,153,926 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
Forecasts regarding future performance in this material are based on information currently available to the company
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 tovarious factors.

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