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.

October 30, 2020

Consolidated Financial Results
for the First Six Months of the Fiscal Year Ending March 31, 2021
(Under Japanese GAAP)
Company name:
Listing:
Securities code:
URL:
Representative:
Inquiries:

Konishi Co., Ltd.
Tokyo Stock Exchange4956
http://www.bond.co.jp/
Takashi Yokota, Representative Director and President
Shozo Arisawa, Director and Senior Managing Executive Officer, General Manager of
Administration DivisionTEL:+81-6-6228-2877
Scheduled date to file quarterly securities report:
November 11, 2020
Scheduled date to commence dividend payments:
December 10, 2020
Preparation of supplementary material on quarterly financial results: Yes
Holding of quarterly financial results briefing:
Yes (video streaming only)(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Consolidated financial results for the first six months of the fiscal year ending March 31, 2021
(from April 1, 2020 to September 30, 2020)(1) Consolidated operating results (cumulative)
Net salesFirst six months ended
September 30, 2020
September 30, 2019

Operating profit

Millions of yen

Note: Comprehensive income(Percentages indicate year-on-year changes.)% Millions of yen

61,89465,196(5.1)
3.4

Profit attributable toowners of parent

Ordinary profit% Millions of yen

2,717
3,060

(11.2)
6.7

2,749
3,125

% Millions of yen(12.0)
5.1

For the first six months ended September 30, 2020: ¥2,396 million [30.8%]
For the first six months ended September 30, 2019: ¥1,832 million [1.5%]
Basic earnings
per shareFirst six months ended
September 30, 2020
September 30, 2019

Diluted earnings per
share
Yen

Yen

47.42
54.28

–
–

(2) Consolidated financial position
Total assets
As of
September 30, 2020
March 31, 2020
Reference:

Equity

1,711
1,968

Net assets

Millions of yen

Millions of yen

103,394
106,113

64,16363,360

As of September 30, 2020:
As of March 31, 2020:

Equity-to-asset ratio
%

58.8
56.6
¥60,750 million¥60,070 million%(13.0)
8.7

2. Cash dividends
Annual dividends
First quarter-end
Fiscal year ended
March 31, 2020
Fiscal year ending
March 31, 2021

Second quarter-end Third quarter-end

Fiscal year-end

Total

Yen

Yen

Yen

Yen

Yen

–

13.00

–

23.00

36.00

–

18.00
–

18.00

36.00

Fiscal year ending
March 31, 2021
(Forecast)

Note: Revisions to the forecasts of cash dividends most recently announced: None
Breakdown of fiscal year-end dividends for the fiscal year ended March 31, 2020:
Ordinary dividend ¥13.00, 150th anniversary commemorative dividend ¥10.00

3. Consolidated earnings forecasts for the fiscal year ending March 31, 2021 (from April 1, 2020 toMarch 31, 2021)
Net sales

Fiscal year ending
March 31, 2021

(Percentages indicate year-on-year changes.)
Basic
Profit attributable toOrdinary profit
earnings perowners of parent
share

Operating profit

Millions ofyen%Millions ofyen%Millions ofyen%Millions of
yen

%

Yen

128,000

(5.3)

5,900

(17.1)

5,950(17.9)

3,700(19.3)

102.14

Note: Revisions to the consolidated earnings forecasts most recently announced: None

* Notes(1) Changes in significant subsidiaries during the first six months ended September 30, 2020 (changes in
specified subsidiaries resulting in the change in scope of consolidation): None
(2) Application of special accounting for preparing quarterly consolidated financial statements: None
(3) Changes in accounting policies, changes in accounting estimates, and restatement(i) Changes in accounting policies due to revisions to accounting standards and other regulations:None(ii) Changes in accounting policies other than (i): None(iii) Changes in accounting estimates: None(iv) Restatement: None
(4) Number of issued shares (common shares)(i) Total number of issued shares at the end of the period (including treasury shares)
As of September 30, 2020

40,707,440 shares

As of March 31, 2020

40,707,440 shares(ii) Number of treasury shares at the end of the period
As of September 30, 2020

4,954,126 shares

As of March 31, 2020

4,482,594 shares(iii) Average number of shares outstanding during the period
For the first six months ended September 30, 2020

36,094,180 shares

For the first six months ended September 30, 201936,260,388 shares* Quarterly financial results reports are exempt from quarterly review conducted by certified public
accountants or an audit corporation.
* Proper use of earnings forecasts, and other special matters
Caution regarding forward-looking statements and others
Forward-looking statements, including the earnings forecasts stated in these materials, are based on
information currently available to Konishi Co., Ltd. (hereinafter the “Company”) and certain
assumptions deemed reasonable. Results may differ materially from the earnings forecasts due to various
factors. For the assumptions used as the basis for the earnings forecasts and special remarks regarding
the use of the earnings forecasts, please refer to “1. Qualitative information regarding financial results
for the first six months (3) Explanation of consolidated earnings forecasts and other forward-looking
statements” on page 4 of the financial results report (Attached Material).
Means of access to contents of supplementary material on quarterly financial results and quarterly
financial results briefing
Regarding the quarterly financial results briefing, in order to prevent the spread of the novel coronavirus
disease (COVID-19), we will post a video and explanatory materials on the Company website. The
posting date is scheduled for November 26, 2020 (Thursday).

Konishi Co., Ltd. (4956)

Attached Material
Index
1. Qualitative information regarding financial results for the first six months ............................................. 2(1) Explanation of operating results ......................................................................................................... 2(2) Explanation of financial position........................................................................................................ 3(3) Explanation of consolidated earnings forecasts and other forward-looking statements ..................... 4
2. Quarterly consolidated financial statements and significant notes thereto ............................................... 5(1) Consolidated balance sheet ................................................................................................................ 5(2) Consolidated statement of income (cumulative) and consolidated statement of comprehensive
income (cumulative) ........................................................................................................................... 7(3) Consolidated statement of cash flows ................................................................................................ 9(4) Notes to quarterly consolidated financial statements ....................................................................... 11
Notes on premise of going concern .................................................................................................. 11
Notes on significant changes in the amount of shareholders’ equity ................................................ 11
Segment information ........................................................................................................................ 11
Reference: Supplementary Information on Financial Results for Six Months Ended September 30, 2020 .. 13-1-

Konishi Co., Ltd. (4956)

1. Qualitative information regarding financial results for the first six months(1) Explanation of operating results
During the six months ended September 30, 2020 (the first six months under review), the Japanese
economy remained in a difficult situation as there was no prospect of an end to COVID-19. However,there were signs of improvement in the manufacturing industry, such as in the automotive andelectronic and electrical sectors, as well as in consumer spending, as demand recovered both in Japanand overseas following the lifting of the state of emergency at the end of May.
Regarding industries in which the Company and its subsidiaries (the “Group”) are engaged, the housing
industry continued to see weakening in the number of new housing starts.
The civil engineering and construction industry saw firm demand for redevelopment in urban areas, forbuilding repair and improvement work, and for the maintenance and repair of infrastructure such as
roads and railways.
The automotive industry saw weak demand for electrical components and other products, as the effectof the spread of COVID-19 continues to linger, although the rate of decline in global demand isslowing down.
As a result, the Group’s business performance for the first six months under review is as follows. Net
sales decreased 5.1% year on year to 61,894 million yen, operating profit decreased 11.2% year on year
to 2,717 million yen, ordinary profit decreased 12.0% year on year to 2,749 million yen, and profit
attributable to owners of parent decreased 13.0% year on year to 1,711 million yen.
Results by segment are as follows.
(i) Bond (synthetic adhesive)
In the general household field, sales through convenience stores decreased, but sales through home
improvement stores increased.
In the housing-related field, sales of adhesives for interior work decreased due to the continued
weakness in the number of new housing starts caused by the impact of COVID-19, despite sales ofsealing materials for repair increased.
In the industrial material field, sales decreased due to the entire sluggish performance of adhesives
such as water-based adhesives for use in paper-related application, and elastic adhesives for use insuch applications as automotive and electrical components.
As a result of the above, net sales decreased 10.7% year on year to 22,384 million yen andoperating profit decreased 22.1% year on year to 1,628 million yen.
(ii) Civil Engineering and Construction
In the construction field, sales of materials used in building repair and in methods to prevent
detachment from exterior walls, and sales of sealing materials for construction decreased as eachwork project has been suspended due to the impact of COVID-19. In the civil engineering field,
however, sales increased due to the strong performance of methods for surface protection and forpreventing detachment, and continuous fiber sheet reinforcement methods.
In the Civil Engineering and Construction Business, sales increased due to the continued steady
performance of repair, improvement, and reinforcement works in the infrastructure, particularly for
public works, and used building markets.
As a result of the above, net sales increased 15.1% year on year to 15,220 million yen andoperating profit increased 28.7% year on year to 782 million yen.
(iii) Chemicals
In the chemical engineering field, sales of ethanol-related products increased, despite sluggish salesof resin materials.

-2-

Konishi Co., Ltd. (4956)

In the automotive field, sales decreased despite the gradual recovery of sales of products used in
automotive electrical components since July. In addition, sales decreased in the electronic andelectrical field, and coating materials field.
Sales at MARUYASU & CO., LTD. were on a par with the same period of the previous fiscal year
due to the strong performance of raw ingredients for health foods, despite weak sales of products
for use in capacitors.
As a result of the above, net sales decreased 9.7% year on year to 24,164 million yen and operating
profit decreased 20.9% year on year to 208 million yen.
(iv) OtherThe Other segment represents the Real Estate Rental Business. Net sales decreased 9.1% year on
year to 125 million yen and operating profit decreased 16.6% year on year to 94 million yen.
(2) Explanation of financial position
Assets, liabilities and net assets
Total assets as of September 30, 2020 decreased by 2,719 million yen from the previous fiscal year-end
to 103,394 million yen.
(i) Assets
Current assets decreased by 4,405 million yen from the previous fiscal year-end to 69,098 million
yen mainly due to a decrease of 4,138 million yen in notes and accounts receivable - trade. Noncurrent assets increased by 1,686 million yen from the previous fiscal year-end to 34,296 million
yen mainly due to an increase of 949 million yen in property, plant and equipment and an increaseof 911 million yen in investment securities.
(ii) Liabilities
Current liabilities decreased by 4,111 million yen from the previous fiscal year-end to 33,734
million yen mainly due to a decrease of 2,647 million yen in notes and accounts payable - trade anda decrease of 1,228 million yen in electronically recorded obligations - operating. Non-current
liabilities increased by 588 million yen from the previous fiscal year-end to 5,496 million yen
mainly due to an increase of 373 million yen in long-term borrowings.
(iii) Net assets
Net assets increased by 803 million yen from the previous fiscal year-end to 64,163 million yen
mainly due to an increase of 878 million yen in retained earnings and an increase of 504 million
yen in valuation difference on available-for-sale securities, despite an increase of 723 million yen
in treasury shares which is a negative item.
(iv) Cash flows
Net decrease in cash and cash equivalents was 569 million yen during the first six months underreview (11 million yen increase year on year). This comprised net cash provided by operating
activities of 3,629 million yen (948 million yen increase year on year), net cash used in investing
activities of 2,389 million yen (27 million yen increase year on year), and net cash used infinancing activities of 1,788 million yen (927 million yen increase year on year).
As a result, the balance of cash and cash equivalents as of September 30, 2020 amounted to 22,242
million yen.
(a) Cash flows from operating activities
Net cash provided by operating activities was 3,629 million yen (948 million yen increase year
on year). This was mainly due to a decrease in trades receivables of 4,669 million yen, profit
before income taxes of 2,734 million yen, and depreciation of 862 million yen, despite adecrease in trades payables of 3,431 million yen and income taxes paid of 1,266 million yen.

-3-

Konishi Co., Ltd. (4956)(b) Cash flows from investing activities
Net cash used in investing activities was 2,389 million yen (27 million yen increase year onyear). This was mainly due to purchase of property, plant and equipment of 2,027 million yen.
(c) Cash flows from financing activities
Net cash used in financing activities was 1,788 million yen (927 million yen increase year onyear). This was mainly due to dividends paid of 833 million yen and purchase of treasury
shares of 752 million yen.
(3) Explanation of consolidated earnings forecasts and other forward-looking statements
The earnings forecasts have been changed from the earnings forecasts announced in the financial
results on April 30, 2020. For details, please refer to the “Notice of Revisions to Earnings Forecasts”
announced on September 24, 2020.

-4-

Konishi Co., Ltd. (4956)

2. Quarterly consolidated financial statements and significant notes thereto(1) Consolidated balance sheet(Millions of yen)

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Electronically recorded monetary claims operating
Securities
Merchandise and finished goods
Work in process
Raw materials and supplies
Costs on construction contracts in progress
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets-5-

As of March 31, 2020

As of September 30, 2020

23,027
37,14023,45033,002

3,862

3,438

295
6,502
205
1,054
343
1,114
(43)
73,504

–
6,169
227
1,050
727
1,075
(43)
69,09823,365
1,050

24,314
998

5,929
2,281
(18)
8,193
32,609106,113

6,841
2,159
(18)
8,982
34,296
103,394

Konishi Co., Ltd. (4956)(Millions of yen)

Liabilities
Current liabilities
Notes and accounts payable - trade
Electronically recorded obligations - operating
Short-term borrowings
Current portion of long-term borrowings
Income taxes payable
Provision for bonuses
Provision for bonuses for directors (and otherofficers)
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Retirement benefit liability
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders’ equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on available-for-salesecurities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets-6-

As of March 31, 2020

As of September 30, 2020

28,195
3,733
95
216
1,251
1,079

25,548
2,504
547
98
912
1,124

106

50

3,165
37,8452,947
33,734

244
1,225
3,438
4,907
42,753

617
1,248
3,630
5,496
39,2304,603
4,513
54,184(4,599)58,701

4,603
4,526
55,062(5,323)58,869

1,392

1,896

(0)
16
(38)
1,369
3,289
63,360106,113

(0)
(23)
7
1,880
3,413
64,163103,394

Konishi Co., Ltd. (4956)(2) Consolidated statement of income (cumulative) and consolidated statement of comprehensive
income (cumulative)
Consolidated statement of income (cumulative)(Millions of yen)Six months ended
September 30, 2019
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Share of profit of entities accounted for using equity
methodOther
Total non-operating income
Non-operating expenses
Interest expenses
Sales discounts
Share of loss of entities accounted for using equity
methodOther
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sales of non-current assets
Other
Total extraordinary income
Extraordinary losses
Loss on disposal of non-current assets
Loss on sales of investment securities
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-7-

Six months ended
September 30, 2020

65,19654,123
11,0728,012
3,060

61,894
51,522
10,372
7,655
2,717

7
110

6
106

6

–

123
247

85
198

7
102

6
98

–

6

73
183
3,125

54
166
2,749

29
0
29

3
–
3

3
–
3
3,150
1,022
31
1,054
2,096
128
1,968

14
4
19
2,734
960
(46)
913
1,820
108
1,711

Konishi Co., Ltd. (4956)

Consolidated statement of comprehensive income (cumulative)(Millions of yen)Six months ended
September 30, 2019
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
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 ofparentComprehensive income attributable to noncontrolling interests-8-

Six months ended
September 30, 2020

2,096

1,820

(197)
0
(51)
(4)

571
0
(40)
46

(11)

(1)

(264)
1,832

576
2,396

1,740

2,222

91

173

Konishi Co., Ltd. (4956)(3) Consolidated statement of cash flows(Millions of yen)Six months ended
September 30, 2019
Cash flows from operating activities
Profit before income taxes
Depreciation
Amortization of goodwill
Loss (gain) on disposal of property, plant andequipment
Loss (gain) on sales of property, plant and equipment
Increase (decrease) in allowance for doubtful
accounts
Increase (decrease) in provision for bonuses
Increase (decrease) in provision for bonuses for
directors (and other officers)
Decrease (increase) in retirement benefit asset
Increase (decrease) in retirement benefit liability
Interest and dividend income
Interest expenses
Share of loss (profit) of entities accounted for using
equity method
Decrease (increase) in trade receivables
Decrease (increase) in inventories
Increase (decrease) in trade payables
Increase (decrease) in other current liabilities
Other, net
SubtotalInterest and dividends received
Interest paid
Income taxes paid
Net cash provided by (used in) operating activities
Cash flows from investing activities
Payments into time deposits
Proceeds from withdrawal of time deposits
Proceeds from sales and redemption of securities
Purchase of property, plant and equipment
Proceeds from sales of property, plant and equipment
Purchase of intangible assets
Purchase of investment securities
Proceeds from sales of investment securities
Proceeds from purchase of shares of subsidiaries
resulting in change in scope of consolidation
Proceeds from cancellation of insurance funds
Other, net
Net cash provided by (used in) investing activities-9-

Six months ended
September 30, 2020

3,150
866
94

2,734
862
97

1

1

(29)

0

(6)

(0)

65

44

(76)

(55)

2
28
(117)
7

29
79
(112)
6

(6)

6

5,801
(702)
(5,258)
(36)
119
3,904
118
(7)
(1,334)
2,681

4,669
232
(3,431)
(428)
53
4,789
113
(6)
(1,266)
3,629

(560)
567
162
(2,486)
31
(81)
(34)
–

(747)
73
292
(2,027)
11
(38)
(34)
14

–

9

34
4
(2,362)52
4(2,389)

Konishi Co., Ltd. (4956)(Millions of yen)Six months ended
September 30, 2019
Cash flows from financing activities
Net increase (decrease) in short-term borrowings
Proceeds from long-term borrowings
Repayments of long-term borrowings
Repayments of lease obligations
Purchase of treasury shares
Dividends paid
Dividends paid to non-controlling interests
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash
equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period- 10 -

Six months ended
September 30, 2020

43
–
(355)
(11)
–
(471)
(65)
(860)

23
60
(212)
(11)
(752)
(833)
(62)
(1,788)

(16)

(20)

(558)
22,26321,704(569)
22,812
22,242

Konishi Co., Ltd. (4956)(4) Notes to quarterly consolidated financial statements
Notes on premise of going concern
Not applicable.
Notes on significant changes in the amount of shareholders’ equity
Not applicable.
Segment information
1. Disclosure of net sales and profit or loss by reportable segment
Six months ended September 30, 2019
(Millions of yen)
Reportable segments

Amount inconsolidated
statement ofincome(Note) 3

Total

Adjustments

Total

Other
(Note) 1

26,75965,058137

65,196–

65,196

145

48

587

42

630

(630)

–

25,467

13,36926,80865,646

180

65,826(630)

65,196

2,089

608

263

2,961

113

3,074

(14)

3,060

Bond

Civil
EngineeringandConstruction

Chemicals(1) Revenues fromexternal customers

25,074

13,223(2) Intersegment sales
and transfers

392

Total
Segment profit(Note) 2

Net sales

Notes: 1. The “Other” category is a business segment not included in reportable segments, and includes the real estate
rental business.
2. Adjustments of segment profit represent eliminations for intersegment transactions.
3. Segment profit is adjusted with operating profit in the consolidated statement of income.

Six months ended September 30, 2020
(Millions of yen)
Reportable segments
Other(Note) 1

Amount inconsolidated
statement ofincome(Note) 3

Bond

Civil
EngineeringandConstruction

Chemicals

Total(1) Revenues fromexternal customers

22,384

15,22024,164

61,769125

61,894–

61,894(2) Intersegment sales
and transfers

314

43

50

407

42

450

(450)

–

Total

22,69915,26324,21462,177

167

62,344(450)

Segment profit

1,628

782

208

2,619

94

2,714

2

61,894
2,717

Total

Adjustments(Note) 2

Net sales

Notes: 1. The “Other” category is a business segment not included in reportable segments, and includes the real estate
rental business.
2. Adjustments of segment profit represent eliminations for intersegment transactions.
3. Segment profit is adjusted with operating profit in the consolidated statement of income.

- 11 -

Konishi Co., Ltd. (4956)

2. Disclosure of impairment loss on non-current assets or goodwill, etc. by reportable segment
Significant changes in the amount of goodwill
In the Civil Engineering and Construction segment, the Company acquired the shares of Sansho
Construction Incorporated Company on July 29, 2020, making it a subsidiary. As a result, goodwillof 94 million yen was recorded under intangible assets in the six months ended September 30,
2020.

- 12 -

Konishi Co., Ltd. (4956)

Reference: Supplementary Information on Financial Results for Six Months Ended September 30, 2020
1. Business performance and earnings forecasts(Millions of yen)

Net sales

Fiscal year
ending March
31, 2021

Fiscal year
ended March
31, 2020

Six months
ended
September 30,
2020 (actual)

Full year(actual)Fiscal year ending March 31, 2021

Full year(forecast)

Changes(amount)

Changes(%)

Consolidated

61,894135,180

128,000(7,180)(5.3)%

Nonconsolidated

41,656

93,53986,600(6,939)(7.4)%

Consolidated

2,717

7,115

5,900

(1,215)(17.1)%

Operating profit

Nonconsolidated

1,472

4,277

2,900

(1,377)(32.2)%

Consolidated

2,749

7,248

5,950

(1,298)(17.9)%

Ordinary profit

Nonconsolidated

2,078

4,897

3,560

(1,337)(27.3)%

Profit attributable
Consolidated
to owners of parent

1,711

4,585

3,700

(885)

(19.3)%

Nonconsolidated

1,622

3,560

2,600

(960)

(27.0)%

Profit2. Business performance and earnings forecasts by segment(Millions of yen)

Bond

Civil Engineeringand Construction
Chemicals

Other

Adjustments

Total

Fiscal year
ending March
31, 2021

Fiscal year
ended March
31, 2020

Six months
ended
September 30,
2020 (actual)

Full year(actual)Fiscal year ending March 31, 2021

Full year(forecast)

Changes(amount)

Changes(%)

Net sales

22,384

49,97944,755(5,224)(10.5)%

Operatingprofit

1,628

4,331

3,356

(975)

(22.5)%Net sales

15,22030,84432,310

1,465

4.7%

Operatingprofit

782

2,044

1,843

(201)

(9.8)%Net sales

24,16454,08450,685(3,399)(6.3)%

Operatingprofit

208

553

499

(54)

(9.9)%Net sales

125

271

250

(21)

(8.0)%

Operatingprofit

94

219

202

(17)

(7.8)%Net sales

–

–

–

–

–

Operatingprofit

2

(32)

–

32

–

Net sales

61,894135,180

128,000(7,180)(5.3)%

Operatingprofit

2,717

7,115

5,900

(1,215)(17.1)%- 13 -

Konishi Co., Ltd. (4956)

3. Indicators(Millions of yen)
Fiscal year
ended March
31, 2020
Full year
Consolidated
Capital investment Nonconsolidated
Depreciation

Research anddevelopment

Fiscal year ending March 31, 2021 (forecast)
Full year

Changes(amount)

Changes
(%)

3,775

7,120

3,345

88.6%

2,488

4,331

1,843

74.1%

Consolidated

1,862

1,907

44

2.4%

Nonconsolidated

1,184

1,286

102

8.7%

Consolidated

1,644

1,836

191

11.7%

Non1,426
1,626
199
14.0%
consolidated
Note 1: Yen amounts are rounded down to millions, unless otherwise noted.
Note 2: Changes (amount and %) are presented in comparison with the same period of the previous fiscal year.

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