Member of the Financial Accounting Standards Foundation

Consolidated Financial Results for the First Quarter
Of Fiscal Year Ending March 31, 2018
4-Aug-2017
Company Name :Security Code :Representative :Contact :NID Co., Ltd.

Listing :
URL :

2349
President
Finance Manager

Syuntaro Komori
Kenji Saito

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

Telephone :81-8-3-6221-6811

1. Consolidated Financial Results for the First Quarter of Fiscal Year 2018
(From April 1, 2017 to June 30, 2017)(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 FY3/18

4,033

1.9322△1.6354

1.3

238

4.3

1Q FY3/17

3,960

1.4

327

86.7

350

54.0

229

33.0

Note: Comprehensive income: 1Q FY3/18

221million yen (14.3%)

1Q FY3/17 193million yen (32.7 %)Diluted net

Net income per shareincome per share

YenYen1Q FY3/18

63.13-

1Q FY3/1760.55-(2) Consolidated Financial Position
Total Assets

Total Net AssetsMillion yen

Equity Ratio

Net Assets per Share

Million yen%

Yen

1Q FY3/18

15,631

10,25565.6

2,709.28

FY3/17

15,56910,25365.9

2,708.77

Note :Equity

1Q FY3/18 10,255million yen

FY3/17 10,253million yen

2. Dividend Information
Dividends Per ShareRegistry DateFirst quarter

FY3/17-

FY3/18-

Second quarter

Yen

Third quarter

Yen

FY3/18(Forecasts)

Year EndYen

Full Year

Yen

Yen--

58.00

58.00

--

53.00

53.00

Note: Revisions to the latest projected dividends: None

3. Consolidated Financial Forecasts for the Fiscal Year 2018 (From April 1, 2017to March 31, 2018)
Net Sales

Operating Income

Ordinary Income

Profit attributable toNet income

owners of parent

per share

Million yen%

Million yen%

Million yen%

Million yen%

Yen

2Q FY3/18

8,400

1.8650

700

1.8

1,620

△9.1

129.4518,000△13.3490

Full Year

△13.7
△11.7

Note: Revisions to the latest projected consolidated results: None

1,720

△12.6

1,190

△8.8314.37

*Note(1) Changes in the scope of our consolidation, including changes in our subsidiaries: NoneConsolidated 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)

1Q FY3/18

4,369,830

FY3/17

4,369,830Treasury stock as of term end

1Q FY3/18584,461

FY3/17584,461

Average shares issued during term

1Q FY3/18

3,785,369

1Q FY3/17

3,785,412*This quarterly consolidated financial results are not subject to a quarterly review*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.

4. Consolidated Financial Statements(1) Consolidated Balance Sheets(Thousand yen)
FY3/17
AssetsCurrent assets
Cash and deposts
Notes and accounts receivable - tradeSecurities
Work in process
Deferred tax assets
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

1st Quarter FY3/18

6,996,807
3,526,942
207,298
166,296
348,107
139,305
11,384,757

7,829,760
2,431,473
207,298
513,062
360,996
83,653
11,426,245

275,130
119,793276,226
110,584

2,765,807
599,101
314,893
109,668
3,789,470
4,184,394
15,569,152

2,784,130
607,113315,122
112,376
3,818,743
4,205,555
15,631,800

(Thousand yen)
FY3/17
Liabilities
Current liabilities
Accounts payable - trade
Short-term loans payable
Accounts payable - other
Income taxes payable
Provision for bonuses
Asset retirement obligations
Other
Total current liabilities
Non-current liabilities
Net defined benefit liability
Provision for directors' retirementbenefits
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

1st Quarter FY3/18

441,984－299,094
409,367
882,485
2,673
395,550
2,431,155

432,258
390,000
392,679
146,928456,192
2,687
647,5022,468,249

2,252,030

2,290,632

570,075

577,331

39,78322,4302,884,319
5,315,474

39,972－
2,907,935
5,376,185

653,352
488,675
9,913,319△1,226,945
9,828,401

653,352
488,675
9,932,724△1,226,945
9,847,806

414,776

398,265

10,5009,543

425,276

407,809

10,253,678
15,569,152

10,255,615
15,631,800

(2) Consolidated Statements of Income(Thousand yen)
1st Quarter FY3/17
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profitNon-operating income
Interest income
Dividend income
Gain on sales of investment securities
Other
Total non-operating income
Non-operating expenses
Interest expenses
Taxes and dues
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sales of non-current assets
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Loss on valuation of investment securities
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,
net of tax
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to ownersof parent
Comprehensive income attributable tonon-controlling interests

1st Quarter FY3/18

3,960,004
3,177,013
782,990455,652
327,338

4,033,951
3,219,025
814,925
492,786
322,139

1,253
19,414－
3,998
24,665

1,250
24,406
4,060
4,254
33,970

374
1,090
360
1,824350,179

425
700
163
1,288
354,821

507
507

－
－

801
7,196
7,997
342,689
113,500
229,1880－0354,821
115,865
238,956

229,188－

238,956－△34,152△16,510△35,392
193,796△17,467
221,488

193,796

221,488－－△1,239△956