Quarterly consolidated financial statements(1) Quarterly consolidated balance sheet(Millions of yen)
As of March 31, 2017
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Securities
Land and buildings for sale
Merchandise
Deferred tax assets
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 securitiesLong-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 September 30, 201718,372
25,76070
99,541
1,878
2,670
9,970
(609)
157,655

16,00922,09651
110,640
1,889
3,245
18,135(248)
171,819

198,409
16,575
222,847
10,6238,464
456,920
8,044

195,721
16,767
221,908
9,714
8,393
452,505
9,478

38,229
682
7,209
266
10,843(219)
57,011
521,976
679,631

39,125
691
6,919
389
10,992(170)
57,948519,932
691,752

(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
Provision for compensation for damage
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
Subscription rights to shares
Non-controlling interests
Total net assets
Total liabilities and net assets-2-

As of March 31, 2017

As of September 30, 201711,24865,363
–
45
5,990
6,979
2,630
508
–
43,450136,217

10,322
71,9671,000
10,045
4,416
9,418
3,143
526
152
33,415
144,410

90,191
158,938
685
11,23633,168437
20,011
25,289339,959
476,176

80,158
163,454630
11,44933,137351
19,43823,633332,254476,664

51,46628,782
98,392(21,580)
157,060

51,46628,783
108,812(21,584)
167,478

11,266

11,43135,584(2)(3,338)43,50927
2,857
203,455
679,631

36,0880(3,048)
44,471
44
3,092
215,087
691,752

(2) Quarterly consolidated statement of income and quarterly consolidated statement of comprehensive
incomeQuarterly consolidated statement of income (cumulative)(Millions of yen)Six months ended
September 30, 2016
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 shares of subsidiaries and associates
SubsidyGain on sales of non-current assets
Compensation income
Contribution for construction
Other
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Provision of allowance for damage compensation
Loss on reduction of non-current assets
Special retirement expenses
Impairment loss
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-Six months ended
September 30, 2017

141,157

143,752

105,359

107,92118,481
123,841
17,31620,090128,01115,740

28
414
448
891

34
478
450
962

1,441

1,278

14

26

449
1,904
16,303544
1,848
14,854

–
391
46
602
121
2
1,162

3,164
316
254
–
–
123
3,858

292
–
215
26
4
9
547
16,9185,524(901)
4,622
12,296250
12,046

232
152
24
–
–
8
418
18,295
5,686
(169)
5,516
12,778245
12,532

Quarterly consolidated statement of comprehensive income (cumulative)(Millions of yen)Six months ended
September 30, 2016
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Revaluation reserve for landRemeasurements 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-

Six months ended
September 30, 201712,296

12,778(228)(2,087)(1,007)184–290–

2(3,323)
8,972

477
13,255

8,717

12,990254

264(3) Quarterly consolidated statement of cash flows(Millions of yen)Six months ended
September 30, 2016
Cash flows from operating activities
Profit before income taxes
Depreciation
Amortization of intangible assets
Impairment loss
Loss on reduction of non-current assets
Proceeds from contribution for construction
Loss (gain) on sales of shares of subsidiaries andassociates
Interest and dividend income
Interest expenses
Increase (decrease) in net defined benefit liability
Decrease (increase) in net defined benefit asset
Decrease (increase) in notes and accounts receivable- tradeDecrease (increase) in inventories
Increase (decrease) in notes and accounts payable trade
Increase (decrease) in accrued consumption taxes
Increase (decrease) in other current liabilities
Other, net
SubtotalInterest and dividend income received
Interest expenses paid
Income taxes paid
Net cash provided by (used in) operating activities
Cash flows from investing activities
Purchase of non-current assets
Proceeds from sales of non-current assets
Proceeds from contribution received for construction
Purchase of investment securities
Proceeds from purchase of shares of subsidiaries
resulting in change in scope of consolidation
Proceeds from sales of shares of subsidiaries
resulting in change in scope of consolidation
Payments of loans receivableCollection of loans receivable
Other, net
Net cash provided by (used in) investing activities-5-

Six months ended
September 30, 2017

16,918
8,861
192
4215
(121)

18,295
9,298
199
–24
––

(3,164)

(443)
1,441
264
(139)

(512)
1,278
(262)
(46)

4,806

3,345

(6,707)(9,554)(1,601)

(786)

1,873
(6,360)(1,739)17,465444(1,520)(5,672)
10,717359(1,769)(2,040)14,664512(1,338)(7,231)
6,607(14,183)50
441(1,000)(25,464)
8,593
87
(250)

–

793

–

2,826

(13)
2872
(13,831)

(145)
2,184
(184)
(11,559)(Millions of yen)Six months ended
September 30, 2016
Cash flows from financing activities
Net increase (decrease) in short-term loans payable
Net increase (decrease) in short-term bonds payable
Proceeds from long-term loans payable
Repayments of long-term loans payable
Proceeds from issuance of bonds
Redemption of bonds
Cash dividends paid
Dividends paid to non-controlling interests
Purchase of treasury shares
Other, net
Net cash provided by (used in) financing activities
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period(7,123)(3,500)10,874(4,761)
9,936(10,150)(1,623)(25)(4,365)(584)(11,325)(14,439)
29,372
14,933-6-Six months ended
September 30, 2017

(1,940)1,000
18,660(12,996)–(22)(1,608)
(25)
(15)
(530)
2,520
(2,432)
18,324
15,892

(4) 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.
Segment information, etc.
Segment information
I. Six months ended September 30, 2016 (from April 1, 2016 to September 30, 2016)
1. Information on operating revenue and profit (loss) by reportable segment

Operatingrevenue
Operatingrevenue fromexternalcustomers
Inter-segment
operatingrevenue ortransfer
Total(Millions of yen)Amounton thequarterly
Adjustments
consolidated(Note 1)statement ofincome(Note 2)

Transportation

Real estate

Retaildistribution

Leisureand service

Others46,30630,85047,502

15,927570

141,156

0

141,157

1,049

6,541

209

22

335

8,158

(8,158)–47,35637,39147,711

15,949906

149,315(8,157)141,157

Total

Segment profit
6,541
6,422
1,058
2,935
67
17,025291
17,316
Notes: 1. “Adjustments” to “Segment profit” represents elimination between inter-segment transactions and profit (loss)of the Company not allocated to any reportable segment.
2. Segment profit is adjusted to operating profit in the quarterly consolidated statement of income.

II. Six months ended September 30, 2017 (from April 1, 2017 to September 30, 2017)
1. Information on operating revenue and profit (loss) by reportable segment

Operatingrevenue
Operatingrevenue fromexternalcustomers
Inter-segment
operatingrevenue ortransfer
Total(Millions of yen)Amounton thequarterly
Adjustments
consolidated(Note 1)
statement ofincome(Note 2)

Transportation

Real estate

Retaildistribution

Leisureand service

Others45,52333,49548,392

15,767571

143,750

1

143,752

1,071

6,530

217

183

358

8,362(8,362)–

46,59540,026

48,60915,951

929

152,112(8,360)143,752

Total

Segment profit
5,993
6,230
975
2,914
12
16,126(385)
15,740Notes: 1. “Adjustments” to “Segment profit” represents elimination between inter-segment transactions and profit (loss)of the Company not allocated to any reportable segment.
2. Segment profit is adjusted to operating profit in the quarterly consolidated statement of income.

-7-