Summary of Business Results for the Third Quarter Ended December 31, 2010
[Japan GAAP] (Consolidated)
February 4, 2011
JP- Holdings Inc.
2749
URL: http://www.jp-holdings. co.jp
Hiromi Yamaguchi, President and Representative Director
Kazuhiro Ogita
C o n t a c t
Managing Director, General Manager of Administration Div.
Expected date of filing of quarterly report: February 14, 2011
Expected starting date of dividend payment: ―Preparation of quarterly supplementary financial document: Yes
Quarterly results briefing: Yes (for institutional investors and individual investors)
Company
Stock CodeRepresentative

Listed on the OSE

T E L: +81-52-933-5419（Rounded down to million yen）

１. Consolidated business results for the nine months ended December 2010
(April 1, 2010 through December 31, 2010)(1) Consolidated results of operations

Nine months ended Dec. 2010
Nine months ended Dec. 2009(% change from the previous corresponding period)

Net sales
Million yen%
6,737
12.0
6,017
12.5

Operating income
Million yen%
611
3.4
591
47.3

Net income
per share

Diluted net
income per share
Yen

Nine months ended Dec. 2010
Nine months ended Dec. 2009

Ordinary income
Million yen%
653
2.2
640
8.8

Net income
Million yen%
402
13.6
354
2.8

Yen

54.27
48.43

54.04
48.00

Total assets

Net assets(2) Consolidated financial position

Million yen
6,772
5,763

As of Dec. 2010
As of Mar. 2010

Million yen
2,217
1,903

Shareholders’ equity
ratio%
32.7
32.9

Net assets per
shareYen
297.51
257.95(Reference) Shareholders’ equity
As of December 2010: 2,213 million yen
As of March 2010: 1,898 million yen
2. Dividends
End of 1Q
Yen

Yen

――

Year ended Mar. 2010
Year ending Mar. 2011
Year ending Mar. 2011 (forecast)

Annual dividend
End of 3Q
Yen――

End of 2Q
0.00
0.00

Year-endTotalYen

Yen

20.00

20.00

24.00

24.00

(Note) Revisions to dividend forecast for the current quarter: None

3．Forecast of consolidated business results for the year ending March 2011
(April 1, 2010 through March 31, 2011)
Net salesYear ending Mar. 2011(% change from the previous year)

Operating income

Ordinary income

Net income

Net income pershare

Million yen%

Million yen%

Million yen%

Million yen%

9,000

9.8

850

15.0900

12.5565

27.3(Note) Revisions to business forecast for the current quarter: None－ 1 －Yen76.89

4. Others(1) Changes in significant subsidiaries during the period: None(Note) This item indicates whether there were changes in specified subsidiaries that caused a change in the scope ofconsolidation during the period.

(2) Applications of simplified accounting procedures and specific accounting procedures: None(Note) This item indicates whether the Company has adopted simplified accounting procedures and accounting
procedures specific to quarterly consolidated financial statements.

(3) Changes in rules, procedures and indication methods of accounting procedures①

Changes due to revision of accounting standards: Yes②

Changes other than ①: Yes(4) Shares outstanding (common stock)① Number of shares outstanding at the end of period (treasury stock included)
As of December 2010
7,830,000 shares
As of March 2010
7,750,000 shares② Treasury stock at the end of period
As of December 2010
389,780 shares
As of March 2010
389,700 shares③ Average number of stock during period (quarterly cumulative period)
Nine months ended December 2010
Nine months ended December 2009

7,416,253 shares
7,318,050 shares* Implementation status of quarterly review procedure
・This financial summary is not subject to the quarterly review procedures pursuant to the Financial Instruments andExchange Act. At the time of disclosure of this report, the procedures for review of financial statements pursuant to
the Financial Instruments and Exchange Act are being conducted.
* 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. Actual results
may differ significantly from the forecasts due to various factors.

－ 2 －