Member of the Financial Accounting Standards Foundation

Consolidated Financial Results for the First Quarter
Of Fiscal Year Ending March 31, 2020
2-Aug-2019
Company Name :Security Code :Representative :Contact :NID Co., Ltd.

Listing :
URL :

2349
President
Shuntaro Komori
Director,Corporate Design Manager, FinanceManager
Masaji KatoJASDAQhttps://www.nid.co.jp/Telephone :81-8-3-6221-6811

1. Consolidated Financial Results for the First Quarter of Fiscal Year 2020 (From April 1, 2019 to June 30, 2019)(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%

1Q FY3/204,095△0.5275△17.6311△16.0210△15.6

1Q FY3/19

4,116

2.0333

3.63714.72494.3

Note : Comprehensive income :1Q FY3/20

234million yen (△15.4%) 1Q FY3/19 277million yen (25.2%)
Diluted net
income per share

Net income per share
YenYen1Q FY3/2018.53－

1Q FY3/1921.94－(2) Consolidated Financial PositionTotal Assets

Total Net Assets

Equity Ratio

Net Assets per Share

Million yen

Million yen%Yen

1Q FY3/20

18,24112,695

69.6

1,117.95

FY3/1918,299

12,69969.4

1,118.30

Note : Equity 1Q FY3/20 12,695million yen

FY3/19 12,699million yen

2. Dividend Information
Dividends Per Share
Registry DateFirst quarter

FY3/19－FY3/20－

Second quarter

Yen

Third quarter

Yen

FY3/20(Forecasts)

Year End

Yen

Full Year

YenYen－－

21.00

21.00

－－

22.00

22.00

Note : Revisions to the latest projected dividends : None

3. Consolidated Financial Forecasts for the Fiscal Year 2020(From April 1, 2019 to March 31, 2020)
Net Sales

Operating Income

Ordinary Income

Profit attributable toNet income

owners of parentper share

Million yen%

Million yen%

Million yen%

Million yen%

Yen

2Q FY3/20

9,000

3.4800△5.7880△6.4600△4.952.84

Full Year

19,000

5.8

1,900

△4.2

2,060

△5.0

1,390

△3.8122.40

Note : Revisions to the latest projected consolidated results : None- 1 -* Notes:(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 statements : None④

Re-statement of revisions : None

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

1Q FY3/20

13,109,490

FY3/19Treasury stock as of term end
Average shares issued during term

13,109,490

1Q FY3/20

1,753,704

FY3/191,753,704

1Q FY3/20

11,355,786

1Q FY3/19

11,355,879* 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 split
NID 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.

- 2 -4. Consolidated Financial Statements(1) Consolidated Balance Sheets(Thousand yen)
FY3/19AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
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
Other
Total investments and other assets
Total non-current assets
Total assets- 3 -1st Quarter FY3/20

8,938,931
3,117,700
122,918
97,35012,276,901

8,940,604
2,514,434
323,006
90,747
11,868,793

403,268
90,686394,364
107,675

4,141,858
954,992
308,241
123,312
5,528,404
6,022,359
18,299,260

4,394,650
942,245
307,553
226,085
5,870,535
6,372,575
18,241,369

(Thousand yen)
FY3/19Liabilities
Current liabilities
Accounts payable - trade
Short-term borrowings
Accounts payable - other
Income taxes payable
Provision for bonuses
Other
Total current liabilities
Non-current liabilities
Retirement benefit liability
Provision for retirement benefits for
directors (and other officers)
Asset retirement obligations
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 incomeValuation difference on available-for-salesecurities
Remeasurements of defined benefit plans
Total accumulated other comprehensive
incomeTotal net assets
Total liabilities and net assets- 4 -1st Quarter FY3/20

393,651－
428,181401,915
895,568
452,400
2,571,716

372,131360,000
499,173
118,533
467,178694,7072,511,722

2,334,719

2,354,289

626,550

634,087

45,90821,2393,028,417
5,600,134

46,102－
3,034,479
5,546,202

653,352
488,675
12,281,709△1,227,333
12,196,404

653,352
488,675
12,253,612△1,227,333
12,168,306

491,503

516,562

11,21910,297502,722526,860

12,699,126
18,299,260

12,695,166
18,241,369

(2) Consolidated Statements of Income(Thousand yen)
1st Quarter FY3/19

1st Quarter FY3/20

4,116,071
3,283,011
833,060
499,188333,871

4,095,115
3,290,641
804,474
529,347
275,127

1,250
29,942
5,886
4,296
41,375

1,385
29,864－
10,582
41,832

402
1,715
1,611
57
3,785
371,462

368
2,100
2,458
58
4,986
311,973－－
371,462
122,318
249,14321
21311,952
101,578
210,373

249,143

210,373－－

28,99925,058△813△921

28,186277,329

24,137
234,511277,329

234,511－－Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Subsidy income
Other
Total non-operating income
Non-operating expenses
Interest expenses
Taxes and dues
investment partnership management fee
OtherTotal non-operating expenses
Ordinary profit
Extraordinary losses
Loss on retirement of non-current assets
Total extraordinary losses
Profit before income taxes
Income taxes
ProfitProfit attributable toProfit attributable to owners of parent
Profit attributable to non-controllinginterests
Other comprehensive income
Valuation difference on available-for-salesecurities
Remeasurements of defined benefit plans,
net of tax
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to ownersof parent
Comprehensive income attributable tonon-controlling interests- 5 -