Member of the Financial Accounting Standards Foundation

Consolidated Financial Results for the Second Quarterof Fiscal Year Ending March 31, 201709-NOV-2016
Company Name :Security Code :Representative :Contact :NID Co., Ltd.

Listing :
URL :

2349
President
Syuntaro Komori
Senior Managing Director Tsuneo Baba

TSE JASDAQ
http://www.nid.co.jp/Telephone :81-8-3-6221-6811

1. Consolidated Financial Results for the Second Quarter of Fiscal Year 2017
(From April 1, 2016 to September 30, 2016)(1) Consolidated Operating Results(All figures are rounded down to the nearest million yen)(% of change from previous year)

Profit attributable toNet Sales

Operating Income

Million yen%

Ordinary Income

Million yen%

Million yen

owners of parent%

Million yen%

2Q FY3/178,247

1.175335.0806

20.553815.9

2Q FY3/16

8,154

4.9557△17.7669△5.94649.9

Note: Comprehensive income: 2Q FY3/17 531million yen (65.4%)

2Q FY3/16 321million yen (△40.1%)

Diluted net

Net income per shareincome per share

YenYen2Q FY3/17142.34-

2Q FY3/16122.77-(2) Consolidated Financial Position
Total Assets

Net Assets per Share%Yen

14,413

9,420

65.4

2,488.62

9,042

64.0

2,388.74

FY3/16EquityEquity Ratio

Million yen

2Q FY3/17
Note :Total Net Assets

Million yen
14,1262Q FY3/17 9,420million yen

FY3/16 9,042million yen

2. Dividend Information
Dividends Per ShareRegistry DateFirst quarter

Second quarter

Yen

Third quarter

Yen

FY3/16--

FY3/17--

Year EndYen

FY3/17(Forecasts)

Full Year

YenYen-

50.00

50.00

-50.0050.00

Note: Revisions to the latest projected dividends: None

3. Consolidated Financial Forecasts for the Fiscal Year 2017(From April 1, 2016 to March 31, 2017)
Net Sales

Full Year

Operating Income

Million yen%

17,500

2.3

Million yen
1,575

Note: Revisions to the latest projected consolidated results: None

Ordinary Income

Profit attributable toNet income

owners of parent

per share%

Million yen%

Million yen%

Yen

2.0

1,675

△2.5

1,150

20.2

303.804.Others(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 :Yes②

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)

2Q FY3/17

4,369,830

FY3/16

4,369,830

Treasury stock as of term end

2Q FY3/17584,418

FY3/16584,418

Average shares issued during term

2Q FY3/17

3,785,412 2Q FY3/16

3,785,551*Indication of quarterly review procedure implementation status
This quarterly earnings report is exempt from quarterly review procedure based upon the Financial Instruments and Exchange Act. It is
under the review procedure process at the time of disclosure of this report.
*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.

25. Consolidated Financial Statements(1) Consolidated Balance Sheets(Thousand yen)
2nd Quarter
FY3/17

FY3/16
AssetsCurrent assets
Cash and deposits

6,327,610

6,556,877

Notes and accounts receivable - trade

2,931,993

2,634,430

Securities

208,337

208,339

Work in process

279,823

542,577

Deferred tax assets

347,319

347,604

Other

173,394

106,755

10,268,478

10,396,584

Property, plant and equipment

263,040

287,351

Intangible assets

117,291

117,996

Investment securities

2,546,002

2,614,126

Deferred tax assets

559,313598,447

Guarantee deposits

268,218

291,143

Other

103,939

108,333

3,477,473

3,612,050

Total current assets
Non-current assets

Investments and other assets

Total investments and other assets
Total non-current assets
Total assets

3

3,857,805

4,017,398

14,126,283

14,413,982

(Thousand yen)
2nd Quarter
FY3/17

FY3/16
Liabilities
Current liabilities
Accounts payable - trade
Accounts payable - other
Income taxes payable
Provision for bonusesOther
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

4425,365
317,939354,791
868,643
361,1122,327,851

393,108
268,560
267,963888,261
368,9312,186,823

2,163,442

2,209,074

541,050

555,562

38,31013,2542,756,056
5,083,908

42,060－2,806,696
4,993,520

653,352
488,675
8,761,870△1,226,780
8,677,116

653,352
488,675
9,147,224△1,226,780
9,062,471

352,832

344,913

12,425

13,077365,258

357,991

9,042,375
14,126,283

9,420,462
14,413,982

(2) Consolidated Statements of Income(Thousand yen)
2nd Quarter
FY3/16
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividend income
Gain on sales of investment securities
Other
Total non-operating income
Non-operating expenses
Interest expenses
investment partnership management fee
Taxes and dues
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sales of non-current assets
Gain on sales of investment securities
Total extraordinary income
Extraordinary losses
Loss on valuation of investment securities
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-controlling interests
Other comprehensive income
Valuation difference on available-for-sale securities
Remeasurements of defined benefit plans, net of tax
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests

5

2nd Quarter
FY3/17

8,154,232
6,692,482
1,461,749
904,010557,738

8,247,553
6,582,565
1,664,988
911,805
753,182

1,375
35,38232,31548,068117,142

1,267
43,938－
12,212
57,418

645
1,103
3,325
－
5,074
669,807

736
974
1,820
111
3,643
806,95792
42,00142,093

802
－
802

－
0
0
711,900
247,141
464,758

7,196
801
7,997
799,763
260,942538,820464,758－

538,820－△148,360
4,887△143,473
321,285△7,919652△7,266
531,553

321,285－

531,553－

(3) Consolidated Statements of Cash Flows(Thousand yen)
2nd Quarter
FY3/16
Cash flows from operating activities
Profit before income taxes
Depreciation
Increase (decrease) in net defined benefit liability
Increase (decrease) in provision for directors' retirement
benefits
Increase (decrease) in provision for bonuses
Interest and dividend income
Interest expenses
Loss (gain) on sales of investment securities
Loss (gain) on valuation of investment securities
Decrease (increase) in notes and accounts receivable - trade
Decrease (increase) in inventories
Decrease (increase) in other current assets
Increase (decrease) in notes and accounts payable - trade
Increase (decrease) in accounts payable - other
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 investment securities
Proceeds from sales and redemption of investment securities
Purchase of property, plant and equipment
Proceeds from sales of property, plant and equipment
Purchase of intangible assets
Payments for guarantee deposits
Proceeds from collection of guarantee deposits
Proceeds from distribution of investment in partnerships
Other, net
Net cash provided by (used in) investing activities
Cash flows from financing activities
Increase in short-term loans payable
Decrease in short-term loans payable
Cash dividends paid
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

6

2nd Quarter
FY3/17

711,900
50,54436,452

799,763
44,43946,753△24,450

14,51223,826△36,758645△74,316－
247,254△121,685△3,368△5,005△57,387△274,461
19,183△18,592
473,779
36,758△645△404,353
105,538

19,618△45,205
736－
7,196
297,562△262,399
70,962△32,256△58,493△45,171△891
5,470
862,595
43,725△736△329,484
576,099△496,870
493,118△23,894597△22,981△4,291－
28,180△3,313△29,453△298,445
203,000△19,182885△21,664△23,174250
7,754△4,644△155,221

410,000△410,000△176,904△2,122△179,026△102,941
6,273,144
6,170,202

390,000△390,000△188,791△2,757△191,549
229,328
6,474,172
6,703,501