Summary of Business Results for the First Quarter Ended June 30, 2013
[Japan GAAP] (Non-consolidated)
July 31, 2013
C o m p a n y
Stock CodeRepresentative

Listed on the TSE/NSETOSHO CO., LTD8920
URL http://www.to-sho.net/
Toshihiro Kutsuna, President and CEO
Naoya Kuwazoe,
C o n t a c t
T E L: +81-566-79-3111
Managing Director, Manager of Administrative Dept.
Expected date of filing of quarterly report: August 5, 2013
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. Business results for the three months ended June 2013 (April 1, 2013 through June 30, 2013)(1) Results of operations(% change from the previous corresponding period)

Three months ended Jun. 2013
Three months ended Jun. 2012

Net sales
Million yen
%
3,587
10.4
3,248
11.2

Operating income
Million yen%
804
3.2
779
28.8

Net income
per share
24.08
23.84

Diluted net income pershare
Yen――Total assets

Net assets

Yen
Three months ended Jun. 2013Three months ended Jun. 2012

Ordinary income
Million yen%
771
4.7
737
30.5

Net income
Million yen%442
5.641932.6(2) Financial position
Million yen
30,332
28,874As of Jun. 2013
As of Mar. 2013

Shareholders’ equity
ratio%
36.3
37.0

Million yen
10,99910,686

Net assets per
shareYen
598.14581.09(Reference) Shareholders’ equity
As of June 2013: 10,999 million yen
As of March 2013: 10,686 million yen
2. Dividends
End of 1Q

7.00

Annual dividend
End of 3Q
Yen―

8.00

―

End of 2Q
Yen――

Year ended Mar. 2013Year ending Mar. 2014
Year ending Mar. 2014 (forecast)

Yen

Year-end

TotalYenYen

7.00

14.00

8.00

16.00

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

3．Forecast of business results for the year ending March 2014 (April 1, 2013 through March 31, 2014)(% change from the previous corresponding period)
Net sales

For the six months
ending Sept. 2013
Year ending Mar. 2014

Operating income

Ordinary income

Net income

Net income pershareYen

Million yen%

Million yen%

Million yen%

Million yen%

7,140

9.4

1,656

7.1

1,572

8.0

920

8.050.02

14,600

10.0

3,390

11.4

3,200

12.5

1,780

11.9

96.79

(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) 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 June 2013
18,392,000 shares
As of March 2013
18,392,351 shares②Treasury stock at the end of period
As of June 2013
2,833 shares
As of March 2013
2,491 shares③Average number of stock during period (quarterly cumulative period)
Three months ended June 2013
18,389,645 shares
Three months ended June 2012
17,590,367 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 to variousfactors.

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