Consolidated Financial Results
For the First Quarter of the Year Ending March 31, 2020
(Japan GAAP)
July 30, 2019
Company name: Nippon Light Metal Holdings Company, Ltd.

Stock exchange listing: First Section of Tokyo

Code number: 5703URL: https://www.nikkeikinholdings.com/

Representative: Ichiro OKAMOTO,

President & Chief Executive Officer

The expected date for filing of securities report: August 6, 2019

The expected date of dividends payment: ―Additional documents to supplement quarterly financial results: NoneQuarterly IR presentation: None(Amounts less than one million yen are rounded off)

1. Consolidated Financial Results for the Three Months Ended June 30, 2019

(April 1, 2019－June 30, 2019)(1) Consolidated Results of Operations (Accumulated Total)(% : changes from the same period of the previous fiscal year)
Profit attributable
Net sales
Operating profit
Ordinary profit
to owners of parent
Millions
Millions
Millions
MillionsThree months ended%%%%of yenof yen
of yenof yen
June 30, 2019

114,189

(6.9)

4,608

(34.4)

4,633(35.5)

3,008(36.9)

June 30, 2018

122,695

10.1

7,021

0.5

7,183

11.7

4,76619.7(Note) Comprehensive income:¥2,405million / (47.9%)¥4,614million / (13.2%)

for the Three months ended June 30, 2019
for the Three months ended June 30, 2018

Net profit per share(basic)Yen

Net profit per share(diluted)
Yen

June 30, 2019

4.86

－

June 30, 2018

7.70

－

Three months ended(2) Consolidated Financial Position
Total assets

Net assets

Millions of yen

Millions of yen%

Yen

474,722

201,35339.4

301.96481,303

202,73539.0

303.37

Three months ended
June 30, 2019Year ended
March 31, 2019
(Reference) Shareholder’s equity:¥186,980 million¥187,854 million

Equity ratio

Net assets per share

as of the Three months ended June 30, 2019as of the Year ended March 31, 201912. Dividends
Annual dividend per share

Year ended
March 31, 2019Year ending
March 31, 2020
Year ending
March 31, 2020
(forecasts)

End of firstquarterYen

End of secondquarter
Yen

End of thirdquarter
Yen

―

4.00

4.00

Year-end

Annual

Yen

Yen―

5.00

9.00

―

5.00

9.00

―

(Note) Revisions to dividend forecasts published most recently: None

3. Forecast of Consolidated Financial Results for the Year Ending March 31, 2020

Net sales(April 1, 2019－March 31, 2020)(% : changes from the same period of the previous fiscal year)
NetProfitprofit
Operating profit
Ordinary profit
attributable toperowners of parent
shareMillions
Millions
Millions%%%Yenof yenof yenof yenMillionsof yen%235,000(4.2)

11,000(22.5)

10,500(28.4)

7,000(30.9)

11.30

500,000(0.1)

29,000(3.5)

28,500(8.3)

18,500(10.0)

29.88(Note) Revisions to financial forecasts published most recently: Yes

Six months ending
September 30, 2019Year ending
March 31, 2020

*Notes(1) Changes of important subsidiaries during the period(changes of specific subsidiaries in accordance with changes in the scope of consolidation)
Newly added: ― (Company name: ― )Excluded : ― (Company name : ― ): None(2) Application of particular accounts procedures to the preparation of quarterly consolidated financial statements: None(3) Changes in accounting policies and changes or restatement of accounting estimates(i) Changes in accounting policies caused by revision of accounting standards: Yes(ii) Changes in accounting policies other than (i): None(iii) Changes in accounting estimates: None(iv) Restatement: None(4) Number of shares outstanding (common stock)(i) Number of shares outstanding at end of period (including treasury stock)
As of the Three months ended June 30, 2019
619,937,500 shares
As of the Year ended March 31, 2019
619,937,500 shares(ii) Number of treasury stock at end of period
As of the Three months ended June 30, 2019
721,404 shares
As of the Year ended March 31, 2019
720,629 shares(iii) Average number of shares outstanding during the term
For the Three months ended June 30, 2019
619,216,403 shares
For the Three months ended June 30, 2018619,222,540 shares

2* This financial summary does not need to undergo a quarterly review* Explanations and other special notes concerning the appropriate use of business performance forecasts- The forward-looking statements such as result forecasts included in this document are based on the information
available to the Company at the time of the announcement and on certain assumptions considered reasonable,
and the Company makes no representations as to their achievability. Actual results may differ materially fromthe forecast depending on a range of factors.

3

【Attached documents】 Consolidated Financial Statements
1： Quarterly Consolidated Balance Sheets(Millions of yen)
As of March 31, As of June 30,
2019
2019

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable – tradeFinished products
Work-in-progress, including costs related to construction-type contracts
Raw material and supplies
Other current assets
Allowance for doubtful accounts
Total current assets
Fixed assets
Property, plant and equipment
Buildings and structures
Machinery and equipment
Tools, furniture and fixtures
Land
Construction-in-progress
Total property, plant and equipment
Intangible assets
Goodwill
Other intangible assets
Total intangible assets
Investments and other assets
Other assets
Allowance for doubtful accounts
Total investments and other assets
Total fixed assets
Total assets

Attacched doucment
1

33,417
152,681
30,453
19,10522,231
9,848(497)
267,238

33,286
141,773
31,246
21,911
20,17913,195(526)
261,064

45,994
44,164
4,724
54,66315,023
164,568

51,96347,573
5,028
54,6496,207
165,420

1,999
3,555
5,554

1,888
3,486
5,374

44,165(222)
43,943214,065
481,303

43,081(217)
42,864
213,658
474,722

(Millions of yen)
As of March 31, As of June 30,
2018
2019

Liabilities

Current liabilities
Notes and accounts payable – trade
Short-term borrowings
Income taxes payable
Other current liabilities
Total current liabilities
Long-term liabilities
Bonds
Long-term debt
Liabilities for retirement benefits
Other long-term liabilities
Total long-term liabilities
Total liabilities
Net assets
Shareholders' equity
Common stock
Additional paid-in capital
Retained earnings
Treasury stock, at cost
Total shareholders' equity
Accumulated other comprehensive income
Net unrealized gains (losses) on securities
Net unrealized gains (losses) on hedges
Land revaluation surplus
Foreign currency translation adjustments
Remeasurements of defined benefits plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets

Attacched doucment2

76,24469,907
3,422
34,791
184,364

71,972
71,2652,015
34,799180,051

666
68,997
19,7414,80094,204
278,568647
67,78419,7575,130
93,318273,369

46,525
19,500117,206(68)
183,163

46,525
19,500117,117(69)
183,073

3,322
(9)
145
2,434
(1,201)
4,691
14,881
202,735
481,303

3,006
(90)
145
1,995
(1,149)3,907
14,373201,353474,722

2： Consolidated Statements of Income andConsolidated Statements of Comprehensive Income
Consolidated Statements of Income(Millions of yen)Three months Three months
ended
ended
(June 30, 2018) (June 30, 2019)122,695
114,189
99,57092,57023,125
21,61916,10417,011
7,021
4,608

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Other
Total non-operating income
Non-operating expenses
Interest expense
Other
Total non-operating expenses
Ordinary profit
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
Net profit
Profit attributable to non-controlling interests
Profit attributable to owners of parent

Attacched doucment
3

1,037
1,037

969
969

335
540
875
7,183
7,183
1,170
1,057
2,227
4,956
190
4,766

311
633
944
4,6334,633526820
1,346
3,287279
3,008

Consolidated Statements of Conprehensive Income

Net profit
Other comprehensive income
Net unrealized gains (losses) on securities
Net unrealized gains (losses) on hedges
Foreign currency translation adjustments
Remeasurements of defined benefit plans
Equity of other comprehensive income (losses) of affiliates
Total other comprehensive income (losses)
Comprehensive income
Comprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests

Attacched doucment
4(Millions of yen)Three months Three months
ended
ended
(June 30, 2018) (June 30, 2019)
4,956
3,287
180
161
(383)
(26)
(274)
(342)
4,614
4,453
161

(314)
(81)
(518)
55
(24)
(882)
2,405
2,224
181