Summary of Financial Statements for the First Quarter of theYear Ending December 31, 2019 (J-GAAP) (Consolidated）
May 14, 2019
Stock Exchange: Tokyo Stock Exchange

CompanySegue Group Co., Ltd.
Stock Code3968
URL: https://segue-g.jp/Representative
Yasuyuki Aisu, President and CEOContact
Yasuhiro Fukuda, CFO
Expected date of filing of quarterly report
Expected starting date of dividend payment
Preparation of quarterly supplementary financial document
Quarterly results briefing

T E L: +81-3-6228-3822: May 14, 2019:: Yes: None
（Rounded down to million yen）

１. Consolidated business results for the three months ended March 2019
(January 1, 2019 through March 31, 2019)(Percentages indicate year-over-year changes)(1) Consolidated results of operations
Net sales

Operating income

Million yen%
Q1 FY 2019
2,682-3.2
Q1 FY 2018
2,772
25.5
(Note) Comprehensive income
Q1 FY 2019: 190 million yen (9.4%)
Q1 FY 2018: 173 million yen (-3.3%)
Net income
per share

Million yenYen
24.39
37.21

Q1 FY 2019
Q1 FY 2018

215288Net income attributable toowners of parent

Ordinary income%-25.49.6Million yen
211
298%
-29.1
10.3

Million yen
139
211%
-33.8
8.9

Diluted net income pershareYen
23.87
36.05

(2) Consolidated financial position
Total assets

Shareholders’ equity
ratio

Net assets
Million yen
6,297
5,350

Q1 FY 2019
FY 2018(Reference) Shareholders’ equity
Q1 FY 2019: 2,583 million yen
FY 2018: 2,450 million yen

Million yen
2,602
2,450%
41.0
45.8

2. Dividends
End of 1Q

End of 2Q
Yen

Yen

FY 2018
0.00
FY 2019
FY 2019 (forecast)
0.00(Note) Revisions to dividend forecast for the current quarter: None

Annual dividend
End of 3Q
Yen-Year-end

TotalYen

Yen

10.00

10.00

10.00

10.00

3．Forecast of consolidated business results for the fiscal year ending December 2019
(Percentages indicate year-over-year changes)(January 1, 2019 through December 31, 2019)
Net sales
Million yen

Operating income%Million yen

Ordinary income%

Full year
9,476
8.1
566
17.0
(Note) Revisions to business forecast for the current quarter: None

Million yen

574%

18.1

Net income attributableto owners of parent
Million yen

371

Net income pershare%Yen-1.4

64.92*Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes
in the scope of consolidation): None
(2) Application of accounting procedures specific to preparation of the consolidated quarterly financial statements:
None(3) Changes in accounting policies, accounting estimates and restatement①Changes in accounting policies associated with revision of accounting standards:②Changes in accounting policies other than ①③Changes in accounting estimates④Restatement: None: Yes: None: None

(4) Shares outstanding (common stock)①Number of shares outstanding at the end of period (treasury stock included)
Q1 FY 2019
5,731,200 shares
FY 2018
5,729,200 shares②Treasury stock at the end of period
Q1 FY 2019118 shares
FY 2018
41 shares③Average number of stock during period (quarterly cumulative period)
Q1 FY 2019
5,729,828 shares
Q1 FY 2018
5,675,059 shares*Quarterly financial summary is not subject to auditing procedures by certified public accountants or auditing
firms.
*Explanation regarding appropriate use of business forecasts and other special instructions
Forecasts regarding future performance in this material are based on information currently available to the company
and certain assumptions that the company deems to be reasonable at the time this report was prepared. The Company
does not promises about the achivements. Actual results may differ significantly from the forecasts due to variousfactors.

2. Quarterly Consolidated Financial Statements and Major Notes(1) Quarterly consolidated balance sheets(Thousand yen)
FY 2018(As of Dec. 31, 2018)

Q1 FY 2019
(As of March 31, 2019)

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable
Electronically Recorded Monetary Claims
Inventories
Advance payments - trade
Accounts receivable - other
Other
Allowance for doubtful accounts
Total current assets

1,663,362

1,809,567

1,166,419
23,445

1,608,707
40,583686,196
485,479

510,090
473,520

266,287
69,027-1,0834,359,135

557,174
70,501-2,191
5,067,954

42,974-28,114
14,86056,451-29,185
27,265――8,316-5,779Fixed assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation
Buildings and structures, net
Automotive equipment
Accumulated depreciation―2,537

Tools, furniture and fixtures
Accumulated depreciation
Tools, furniture and fixtures, net

800,792-648,461
152,331

811,552-662,007
149,544Land
Total property, plant and equipment

639
167,831639
179,987

Vehicles, net

Intangible assets
Goodwill

62,759135,885

Software
Software in progress
Other
Total intangible assets

10,955
144,926
839
219,481

158,0692,779
1,209
297,943

Investments and other assets
Investment securities

355,633

485,884

Rental Deposit
Deferred tax assets

93,81367,824

97,23375,827

Insurance funds
Claims in bankruptcy

70,1052,241

74,1006,628

Other
Allowance for doubtful accounts

16,097-2,075

18,415-6,462

Total investments and other assets
Total noncurrent assets

603,639
990,951

751,627
1,229,558

5,350,087

6,297,513

Total assets

(Thousand yen)
FY 2018(As of Dec. 31, 2018)

Q1 FY 2019
(As of March 31, 2019)

Liabilities
Current liabilities
Accounts payable-trade
Current portion of long-term loans payable

595,159―

1,218,597
12,528

Accounts payable
Accrued expenses

112,106
146,071

114,817
149,977

Income taxes payable
Accrued consumption taxes

129,385
33,01789,90831,635821
1,620,429
48,951
2,685,943

59,944
1,723,698
50,115
3,451,223―
146,804
66,598
213,402

15,879161,257
66,598
243,734

2,899,346

3,694,958

Capital stock
Capital surplus

505,788278,288

506,048
278,548

Retained earnings
Treasury stock

1,520,357-79

1,602,832-213

Total shareholders' equity

2,304,355

2,387,216

147,002-617

196,734-69

146,385―

196,665
18,6722,450,741
5,350,087

2,602,554
6,297,513

Provision for bonuses
Advances received
Other
Total current liabilities
Long-term liabilities
Long-term debt
Obligations for retirement pay
Long-term accounts payable - otherTotal long-term liabilities
Total liabilities
Net assets
Shareholders' equity

Other accumulated comprehensive income
Valuation difference on securities
Deferred gains or losses on hedges
Total other accumulated comprehensive income
Share subscription rights
Total net assets
Total liabilities and net assets

(2) Quarterly Consolidated Statements of Income and Statements of Comprehensive Income
Quarterly Consolidated Statement of Income
First Quarter
Q1 FY 2018
(January 1, 2018
to March 31, 2018)
2,772,478
2,091,086
681,392(Thousand yen)
Q1 FY 2019
(January 1, 2019
to March 31, 2019)
2,682,857
1,975,452
707,405

Selling, general and administrative expenses
Operating income

392,655
288,736

491,983
215,421

Non-operating income
Interest Income and Dividends
Surrender value of insurance
Other

71
12,087
394

39
1,010
424

Total non-operating income

12,554

1,474

119

22

2,676
160
2,957

5,197
161
5,381

298,334

211,514

9,198
9,198

――

Profit before income taxes

307,533

211,514

Income taxes
Income taxes-deferred
Total income tax

109,467-13,084
96,38385,546-13,798
71,747

Net income
Net income attributable to owners of non-controlling

211,150―

139,766―

Net income attributable to owners of parent

211,150

139,766

Net sales
Cost of sales
Gross profit

Non-operating expenses
Interest expenses
Foreign exchange loss
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gains on sales of investment securities
Total extraordinary income

Quarterly Consolidated Statement of Comprehensive Income
First QuarterNet income

211,150(Thousand yen)
Q1 FY 2019
(January 1, 2019
to March 31, 2019)
139,766

Other comprehensive income
Valuation difference on securities
Deferred gains or losses on hedges-30,519-6,97949,731
547

Total other comprehensive income
Comprehensive income-37,499
173,650

50,279190,046

173,650

190,046――

Q1 FY 2018
(January 1, 2018
to March 31, 2018)

BreakdownComprehensive income attributable toowners of parent
Comprehensive income attributable toowners of non-controlling