August 4, 2017(Translation)
Dear Sir/Madam,Company:
Representative:JP-HOLDINGS, INC.
Kazuhiro Ogita,
President and Representative Director(Stock Code: 2749, First Section of TSE)

Contact:

Mika Matsumiya,
General Manager of Administration Div.
(TEL +81-52-933-5419)(Correction)
Notice Concerning Partial Correction to the “Summary of Business Results for the Third Quarter
Ended December 31, 2016 [Japan GAAP] (Consolidated)”
JP-HOLDINGS, INC. announces that portions of the “Summary of Business Results for the Third Quarter EndedDecember 31, 2016 [Japan GAAP] (Consolidated)” released on February 2, 2017 have been corrected.
Underlined portions of this document indicate corrections.

1. Reason for Correction
As for the reason for the correction, please refer to the “Notice Concerning the Errors Relating to Consolidated
Financial Statements for Prior Years” released on July 18, 2017.

2. Details of Correction(Summary information)（Rounded down to million yen）

1. Consolidated business results for the nine months ended December 2016
(April 1, 2016 through December 31, 2016)(1) Consolidated results of operations(% change from the previous corresponding period)(Before correction)
Net sales

Operating income

Million yen% Million yen%
Nine months ended Dec. 2016
16,72011.1
743-30.1
Nine months ended Dec. 2015
15,04913.7
1,064-4.8(Note) Comprehensive income
Nine months ended December 2016: 552 million yen (-15.3%)
Nine months ended December 2015: 651 million yen (-20.1%)
Net income
Diluted net income perper share
share
Yen
Yen
Nine months ended Dec. 2016
6.13
Nine months ended Dec. 20158.36-- 1 -Net income attributable toowners of parent

Ordinary income
Million yen883
1,136%-22.3-5.1

Million yen
514697%-26.2-7.5

(After correction)
Net sales

Operating income

Net income attributable toowners of parent

Ordinary income

Million yen% Million yen%
Nine months ended Dec. 2016
16,720
11.1
669
-32.0
Nine months ended Dec. 2015
15,04913.7
984-6.4(Note) Comprehensive income
Nine months ended December 2016: 503 million yen (-19.0%)
Nine months ended December 2015: 622 million yen (-18.7%)
Net income
Diluted net income perper share
shareYenYen
Nine months ended Dec. 2016
5.56
Nine months ended Dec. 2015
8.00
-Million yen
809
1,056%-23.4-6.6

Million yen
466
667%
-30.2
-5.1

(2) Consolidated financial position(Before correction)
Total assets
Million yen
As of Dec. 31, 2016
As of Mar. 31, 2016

Shareholders’ equity
ratio

Net assets
Million yen
6,950
6,570

25,822
21,519

%
26.9
30.5

(Reference) Shareholders’ equity
As of December 31, 2016: 6,946 million yen
As of March 31, 2016: 6,566 million yen(After correction)
Total assets
Million yen
As of Dec. 31, 2016
As of Mar. 31, 2016Shareholders’ equity
ratio

Net assets
Million yen
6,611
6,279

25,65021,126%25.8
29.7(Reference) Shareholders’ equity
As of December 31, 2016: 6,607 million yen
As of March 31, 2016: 6,275 million yen

3．Forecast of consolidated business results for the fiscal year ending March 2017
(April 1, 2016 through March 31, 2017)(Before correction)(% change from the previous corresponding period)
Net salesYear ending Mar. 2017

Million yen
22,726

Operating income%
10.6

Million yen
1,053%-42.6(After correction)
Net salesYear ending Mar. 2017

Million yen22,726

Operating income%
10.6

Million yen
1,053%-39.2- 2 -Ordinary income
Million yen
1,235%-34.4

Net income attributable toowners of parent

Million yen
503%
-57.9

Net income
per share
Yen

5.99

(% change from the previous corresponding period)
Net income
Net income attributable toOrdinary income
owners of parent
per share
Yen
Million yen% Million yen%
1,235-30.6
503
-53.0
5.99

1. Qualitative Information on Quarterly Financial Results(1) Results of Operations(Before correction)
For the above reasons, for the third quarter of the consolidated fiscal year ending March 2017, net sales were 16,720
million yen (up 11.1% year on year), operating income was 743 million yen (down 30.1% year on year), ordinary
income was 883 million yen (down 22.3% year on year), and net income attributable to owners of parent was 514
million yen (down 26.2% year on year).
(After correction)
For the above reasons, for the third quarter of the consolidated fiscal year ending March 2017, net sales were 16,720
million yen (up 11.1% year on year), operating income was 669 million yen (down 32.0% year on year), ordinary
income was 809 million yen (down 23.4% year on year), and net income attributable to owners of parent was 466
million yen (down 30.2% year on year).

(2) Financial Position(Before correction)
Assets, Liabilities and Net Assets
The total assets as of the end of the third quarter of the consolidated fiscal year ending March 2017 amounted to 25,822 million
yen, up 4,303 million yen from the end of the previous fiscal year. Current assets totaled 9,737 million yen (up 2,783 million yen
from the end of the previous fiscal year), mainly because cash and deposits increased by 3,090 million yen while accounts
receivable - other decreased by 264 million yen, and other accounts such as deferred tax assets etc. decreased by 120 million yen.
Fixed assets totaled 16,084 million yen (up 1,519 million yen from the end of the previous fiscal year), mainly because buildings
and structures, goodwill, long-term loans receivable, investment securities, other intangible fixed assets, tools, and furniture andfixtures increased by 1,465 million yen, 296 million yen, 282 million yen, 271 million yen, 122 million yen, and 53 million yen
respectively, while construction in progress decreased by 1,018 million yen.
Total liabilities amounted to 18,871 million yen, up 3,923 million yen from the end of the previous fiscal year.
Current liabilities totaled 7,325 million yen (up 1,375 million yen from the end of the previous fiscal year), mainly because shortterm loans payable increased by 1,000 million yen, other current liabilities increased by 797 million yen, and current portion of
long-term loans payable increased by 456 million yen, while income taxes payable decreased by 303 million yen, accounts payable– other decreased by 269 million yen, reserve for bonuses decreased by 206 million yen, and notes and accounts payable-tradedecreased by 61 million yen.
Fixed liabilities totaled 11,546 million yen (up 2,547 million yen from the end of the previous fiscal year), mainly because longterm loans payable, asset retirement obligation, and net defined benefit liability increased by 2,354 million yen, 78 million yen,and 69 million yen respectively.
Total net assets as of the end of the third quarter of the consolidated fiscal year ending March 2017 totaled 6,950 million yen (up380 million yen from the end of the previous fiscal year), mainly because retained earnings increased by 75 million yen andvaluation difference on available-for sale securities increased by 31 million yen, while treasury stock decreased by 267 millionyen.

- 3 -(After correction)
Assets, Liabilities and Net Assets
The total assets as of the end of the third quarter of the consolidated fiscal year ending March 2017 amounted to 25,650 million
yen, up 4,523 million yen from the end of the previous fiscal year. Current assets totaled 9,610 million yen (up 2,994 million yen
from the end of the previous fiscal year), mainly because cash and deposits increased by 3,090 million yen while accounts
receivable - other decreased by 264 million yen, and other accounts such as deferred tax assets etc. decreased by 123 million yen.
Fixed assets totaled 16,040 million yen (up 1,529 million yen from the end of the previous fiscal year), mainly because buildings
and structures, goodwill, long-term loans receivable, investment securities, other intangible fixed assets, tools, and furniture andfixtures increased by 1,476 million yen, 296 million yen, 282 million yen, 271 million yen, 122 million yen, and 53 million yen
respectively, while construction in progress decreased by 1,018 million yen.
Total liabilities amounted to 19,038 million yen, up 4,191million yen from the end of the previous fiscal year.
Current liabilities totaled 7,492 million yen (up 1,644 million yen from the end of the previous fiscal year), mainly because shortterm loans payable increased by 1,000 million yen, other current liabilities increased by 797 million yen, and current portion of
long-term loans payable increased by 456 million yen, while income taxes payable decreased by 192 million yen, accounts payable– other decreased by 268 million yen, reserve for bonuses decreased by 206 million yen, and notes and accounts payable-tradedecreased by 61 million yen.
Fixed liabilities totaled 11,546 million yen (up 2,547 million yen from the end of the previous fiscal year), mainly because longterm loans payable, asset retirement obligation, and net defined benefit liability increased by 2,354 million yen, 78 million yen,and 69 million yen respectively.
Total net assets as of the end of the third quarter of the consolidated fiscal year ending March 2017 totaled 6,611 million yen (up331 million yen from the end of the previous fiscal year), mainly because retained earnings increased by 27 million yen andvaluation difference on available-for sale securities increased by 31 million yen, while treasury stock decreased by 267 millionyen.

- 4 -[Quarterly Consolidated Financial Statements][Quarterly Consolidated Balance Sheet]（Before correction）(Thousand yen)Previous Fiscal Year
(March 31, 2016)

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable-trade
Investment securities
Inventories
Deferred tax assets
Accounts receivable - other
Other
Allowance for doubtful accounts
Total current assets
Fixed assets
Tangible fixed assets
Buildings and structures
Accumulated depreciation and impairment loss
Buildings and structures, netMachinery, equipment and vehicles
Accumulated depreciation
Machinery, equipment and vehicles, net
Tools, furniture and fixtures
Accumulated depreciation and impairment loss
Tools, furniture and fixtures, net
LandConstruction in progress
Total tangible fixed assets
Intangible fixed assets
Goodwill
Other
Total intangible fixed assets
Investments and other assets
Investment securities
Long-term loans receivable
Guarantee deposits
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assetsTotal fixed assets
Total assets- 5 -Current Third Quarter(December 31, 2016)

3,777,936
41,83921,02798,453442,078
1,770,729
802,493-549
6,954,010

6,868,117
50,42623,550321,655
1,506,406
968,042-632
9,737,568

8,404,192-2,448,271
5,955,921
9,148-4,1305,017
484,281-284,812
199,469
980,894
1,759,076
8,900,378

10,349,462-2,928,049
7,421,412
9,148-4,8394,308
602,769-350,006
252,763
980,894
740,336
9,399,715

12,135
12,135296,263
134,297430,560

313,534
2,881,772
1,628,547
164,472
679,407-15,213
5,652,521
14,565,035
21,519,046

584,668
3,164,706
1,658,134
173,091
690,412-16,298
6,254,714
16,084,990
25,822,558

(Thousand yen)Previous Fiscal Year
(March 31, 2016)

Liabilities
Current liabilities
Notes and accounts payable-trade
Short-term loans payable
Current portion of long-term loans payable
Accounts payable – other
Income taxes payable
Accrued consumption taxes
Reserve for bonuses
Asset retirement obligation
Other
Total current liabilitiesFixed liabilities
Long-term loans payable
Deferred tax liabilities
Net defined benefit liability
Long-term accounts payable - other
Asset retirement obligation
Other
Total fixed liabilities
Total liabilities
Net assets
Shareholders’ equity
CapitalCapital surplus
Retained earnings
Treasury stock
Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assetsTotal liabilities and net assets- 6 -Current Third Quarter(December 31, 2016)

191,1072,935,368
691,961
364,677
67,491
334,000
23,892
1,341,386
5,949,884

129,940
1,000,000
3,392,097
422,637
61,29649,082
127,162
4,392
2,139,028
7,325,636

8,457,330
2,240
377,7144,950
156,505
8,998,740
14,948,625

10,811,977
1,532
447,097
3,700
234,563
47,247
11,546,118
18,871,755

1,603,955
1,449,544
4,798,586-1,208,168
6,643,918

1,603,955
1,449,544
4,874,202-940,620
6,987,080-52,792-24,742-77,534
4,036
6,570,420
21,519,046-20,929-1,762-17,583-40,275
3,997
6,950,803
25,822,558

(After correction)(Thousand yen)Previous Fiscal Year
(March 31, 2016)

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable-trade
Investment securities
Inventories
Deferred tax assets
Accounts receivable - other
Other
Allowance for doubtful accounts
Total current assets
Fixed assets
Tangible fixed assets
Buildings and structures
Accumulated depreciation and impairment loss
Buildings and structures, netMachinery, equipment and vehicles
Accumulated depreciation
Machinery, equipment and vehicles, netTools, furniture and fixtures
Accumulated depreciation and impairment loss
Tools, furniture and fixtures, net
LandConstruction in progress
Total tangible fixed assets
Intangible fixed assets
Goodwill
Other
Total intangible fixed assets
Investments and other assets
Investment securities
Long-term loans receivable
Guarantee deposits
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total fixed assets
Total assets- 7 -Current Third Quarter(December 31, 2016)

3,777,936
41,83921,02798,453426,1311,770,729
480,184-549
6,615,754

6,868,117
50,42623,550302,785
1,506,406
859,667-632
9,610,322

8,404,192-2,576,335
5,827,856
9,148-4,1305,017
484,281-285,659
198,621980,894
1,759,076
8,771,467

10,349,462-3,045,143
7,304,318
9,148-4,8394,308
602,769-350,590
252,179
980,894
740,336
9,282,037

12,135
12,135296,263
134,297
430,560

313,534
2,881,772
1,628,547
208,818
709,905-15,213
5,727,363
14,510,966
21,126,721

584,668
3,164,706
1,658,134
213,572
722,919-16,298
6,327,702
16,040,301
25,650,623

(Thousand yen)Previous Fiscal Year
(March 31, 2016)

Liabilities
Current liabilities
Notes and accounts payable-trade
Short-term loans payable
Current portion of long-term loans payable
Accounts payable – other
Income taxes payable
Accrued consumption taxes
Reserve for bonuses
Asset retirement obligation
Other
Total current liabilities
Fixed liabilities
Long-term loans payable
Deferred tax liabilitiesNet defined benefit liability
Long-term accounts payable - other
Asset retirement obligation
Other
Total fixed liabilities
Total liabilities
Net assets
Shareholders’ equity
CapitalCapital surplus
Retained earnings
Treasury stock
Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets- 8 -Current Third Quarter(December 31, 2016)

191,1072,935,368
701,478
253,518
67,491
334,000
23,892
1,341,386
5,848,243

129,940
1,000,000
3,392,097
432,545
61,296206,394
127,162
4,392
2,139,028
7,492,857

8,457,330
2,240
377,7144,950
156,505
8,998,740
14,846,984

10,811,977
1,532
447,097
3,700
234,563
47,247
11,546,118
19,038,975

1,603,955
1,449,544
4,507,903-1,208,168
6,353,234

1,603,955
1,449,544
4,535,046-940,620
6,647,924-52,792-24,742-77,534
4,036
6,279,737
21,126,721-20,929-1,762-17,583-40,275
3,997
6,611,647
25,650,623

[Quarterly Consolidated Statement of Income and Quarterly Statement of Comprehensive Income][Quarterly Consolidated Statement of Income][Third Quarter of FY3/17](Before correction)(Thousand yen)

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating revenues
Interest income
Guarantee commission received
Subsidy income
Other
Total non-operating revenues
Non-operating expenses
Interest expenses
Other
Total non-operating expenses
Ordinary incomeExtraordinary loss
Loss on retirement of non-current assets
Loss on impairment long-lived asset of facilities
Loss on impairment long-lived asset of Tokyo branch
Total extraordinary loss
Income before income taxes and others
Corporate, inhabitant and enterprise taxes
Income taxes-deferred
Total income taxes
Net income
Net loss attributable to non-controlling interests
Net income attributable to owners of parent- 9 -Previous Third Quarter(April 1, 2015–
December 31, 2015)
15,049,033
12,648,574
2,400,459
1,336,084
1,064,374

Current Third Quarter(April 1, 2016–
December 31, 2016)
16,720,891
14,163,201
2,557,690
1,814,070
743,619

42,23245,991
12,302
100,526

57,56049,15765,587
12,347
184,653

27,551868
28,4191,136,480

34,188
10,93245,120883,151

1,596
22,15245,94369,693
1,066,787
356,781
12,432369,213697,574-62
697,636398
398
882,753
247,983
119,955
367,938
514,814-38
514,853(After correction)(Thousand yen)

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating revenues
Interest incomeGuarantee commission received
Subsidy income
Other
Total non-operating revenues
Non-operating expenses
Interest expenses
Other
Total non-operating expenses
Ordinary income
Extraordinary loss
Loss on retirement of non-current assets
Loss on impairment long-lived asset of facilities
Loss on impairment long-lived asset of Tokyo branch
Total extraordinary loss
Income before income taxes and others
Corporate, inhabitant and enterprise taxes
Income taxes-deferred
Total income taxes
Net income
Net loss attributable to non-controlling interests
Net income attributable to owners of parent- 10 -Previous Third Quarter(April 1, 2015–December 31, 2015)
15,049,033
12,709,731
2,339,302
1,355,103
984,198

Current Third Quarter(April 1, 2016–
December 31, 2016)
16,720,268
14,217,613
2,502,654
1,832,953
669,700

42,23245,991
12,302
100,526

57,56049,15765,587
12,347
184,653

27,551868
28,4191,056,305

34,188
10,93245,120809,232

1,596
19,89945,94367,440988,864
326,470-5,494
320,976
667,888-62
667,951398
398
808,834
215,749
126,742
342,491
466,342-38
466,381

[Quarterly Consolidated Statement of Comprehensive Income][Third Quarter of FY3/17](Before correction)(Thousand yen)

Net income
Other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Remeasurements of defined benefit plans
Total other comprehensive income
Comprehensive income(Breakdown)Comprehensive income attributable to shareholdersof the parent company
Comprehensive income attributable to non-controllinginterests

Previous Third Quarter(April 1, 2015–
December 31, 2015)
697,574

Current Third Quarter(April 1, 2016–
December 31, 2016)
514,814-49,045
3,171-45,873
651,700

31,863-1,762
7,158
37,259552,074

651,763552,113-62-38

Previous Third Quarter(April 1, 2015–December 31, 2015)
667,888

Current Third Quarter(April 1, 2016–
December 31, 2016)
466,342-49,045
3,171-45,873622,01431,863-1,762
7,158
37,259503,601

622,077

503,640-62-38(After correction)(Thousand yen)

Net income
Other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Remeasurements of defined benefit plans
Total other comprehensive income
Comprehensive income(Breakdown)Comprehensive income attributable to shareholdersof the parent company
Comprehensive income attributable to non-controllinginterests- 11 -