Member of the Financial Accounting Standards Foundation

Consolidated Financial Results for the Third Quarter
Of Fiscal Year Ending March 31, 201901-Feb-2019
Company Name :Security Code :Representative :Contact :NID Co., Ltd.

Listing :
URL :

2349
President
Managing Director

Syuntaro Komori
Masaaki Kita

JASDAQ
http://www.nid.co.jp

Telephone :81-8-3-6221-6811

1. Consolidated Financial Results for the Third Quarter of Fiscal Year 2019
(From April 1, 2018 to December 31, 2018)(All figures are rounded down to the nearest million yen)

(1) Consolidated Operating Results(% of change from previous year)

Profit attributable toNet Sales

Operating Income

Ordinary Income

owners of parent

Million yen%

Million yen%

Million yen%

Million yen%

3Q FY3/19

12,882

1,2726.0

1,406

6.99335.6

3Q FY3/18

12,941

△0.5

1,200

△0.7

1,314

1.68841.9

4.7

Note: Comprehensive income: 3Q FY3/19846million yen (△9.9%)

3Q FY3/18 939million yen (△0.6%)

Diluted net

Net income per shareincome per share

YenYen3Q FY3/1982.24-

3Q FY3/1877.89-(2) Consolidated Financial PositionTotal Assets

Total Net Assets

Million yen

Equity Ratio

Net Assets per Share

Million yen%Yen

3Q FY3/19

17,34012,04569.5

1,060.76

FY3/1816,867

11,41967.7

1,005.57

Note :Equity

3Q FY3/19 12,045million yen

FY3/18 11,419million yen

2. Dividend Information
Dividends Per Share
Registry DateFirst quarter

Second quarter

FY3/18---

FY3/19---Yen

Third quarter

Yen

Year EndYen

FY3/19(Forecasts)

Full Year

Yen

Yen

58.00

58.00

20.00

20.00

Note: Revisions to the latest projected dividends: None

3. Consolidated Financial Forecasts for the Fiscal Year 2019 (From April 1, 2018 to March 31, 2019)
Net Sales

Full Year

Operating Income

Ordinary Income

Profit attributable toNet income

owners of parent

per share

Million yen%

Million yen%

Million yen%

Million yen%

Yen

18,900

5.5

1,700

△6.9

1,800

△10.7

1,240

△9.0

109.19Note: Revisions to the latest projected consolidated results: None*Note(1) Changes in the scope of our consolidation, including changes in our subsidiaries: None
Consolidated subsidiaries: 0 added, 0 removed(2) Application of simple accounting method: Yes(3) Changes in accounting methodology, procedures, and the way our figures are displayed in the creation of our Quarter consolidated
financial statements.
①

Changes arising from revisions in accounting standards : None②

Changes arising from other reasons : None③

Changes in estimation related to financial statement : None④

Re-statement of revisions : None

(4) Shares issued (Common stock)
Shares issued as of term end (including treasury stock)

3Q FY3/19

13,109,490

FY3/18

13,109,490

Treasury stock as of term end

3Q FY3/19

1,753,704

FY3/181,753,611

Average shares issued during term

3Q FY3/19

11,355,851

2Q FY3/18

11,356,059*This quarterly consolidated financial results are not subject to a quarterly review by a certified public accountant or an audit firm.
*Regarding the appropriate use of our earnings projections and other notes.
All projections provided in this document are based on the most accurate information available at the time of this writing.
However our actual results may differ from our projections due to various unforeseen reasons.

*Stock splitNID conducted a three-for-one common stock split effective on December 1, 2018. Net income per share and the number ofshares outstanding are calculated as if this stock split had taken place at the beginning of the fiscal year 2018.

4. Consolidated Financial Statements(1) Consolidated Balance Sheets(Thousand yen)
3rd Quarter
FY3/19FY3/18AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Securities
Work in process
OtherTotal current assets
Non-current assets
Property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
Deferred tax assets
Guarantee deposits
OtherTotal investments and other assets
Total non-current assets
Total assets

8,002,220
3,264,291
200,000
106,438
98,436
11,671,385

8,593,044
2,610,767－
483,070
64,127
11,751,009

295,933
107,814356,444
90,317

3,396,182
964,356
306,197
125,469
4,792,206
5,195,954
16,867,339

3,688,933
1,005,712
318,101
130,142
5,142,890
5,589,652
17,340,661

(Thousand yen)
3rd Quarter
FY3/19FY3/18
Liabilities
Current liabilities
Accounts payable - tradeShort-term loans payable
Accounts payable - other
Income taxes payable
Provision for bonuses
Other
Total current liabilities
Non-current liabilities
Net defined benefit liability
Provision for directors' retirement benefits
Asset retirement obligations
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
Remeasurements of defined benefit plans
Total accumulated other comprehensive
incomeTotal net assets
Total liabilities and net assets

446,529－
344,550
374,689
892,144
433,037
2,490,950

389,660
360,000
455,531132,361
453,951489,524
2,281,028

2,300,010
596,900
40,537
19,791
2,957,239
5,448,190

2,347,887
618,087
47,866－
3,013,840
5,294,868

653,352
488,675
11,056,396△1,227,211
10,971,212

653,352
488,675
11,770,780△1,227,333
11,685,475

437,721348,110

10,215

12,207447,936360,317

11,419,149
16,867,339

12,045,792
17,340,661

(2) Consolidated Statements of Income(Thousand yen)
3rd Quarter
FY3/18Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Gain on sales of investment securities
Subsidy income
Other
Total non-operating income
Non-operating expenses
Interest expenses
investment partnership management fee
Taxes and dues
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sales of investment securities
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Loss on sales and retirement of noncurrent
assets
Office transfer expenses
Settlement package
Total extraordinary losses
Profit before income taxes
Income taxes
ProfitProfit attributable toProfit attributable to owners of parent
Profit attributable to non-controlling interests
Other comprehensive income
Valuation difference on available-for-salesecurities
Remeasurements of defined benefit plans, netof tax
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners ofparent
Comprehensive income attributable tonon-controlling interests

3rd Quarter
FY3/1912,941,321
10,237,785
2,703,535
1,502,690
1,200,844

12,882,604
10,107,519
2,775,085
1,502,416
1,272,668

2,555
67,547
12,3203,049
33,734
119,207

7,567
95,024
1,675
19,68017,951
141,899

1,280
2,561
700
565
5,106
1,314,945

1,271
4,311
2,775
99
8,457
1,406,109

433
433

－－

178

－

1,022

272

－
2,264
3,465
1,311,913
427,400
884,513

18,012－
18,284
1,387,825
453,894
933,931884,513－

933,31－

54,482△89,61055,065939,578△87,619846,312939,578

846,312－－582

1,991