Summary of Business Results for the Second Quarter Ended September 30, 2010
[Japan GAAP] (Consolidated)
November 5, 2010
Listed on the JASDAQ

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: November 15, 2010
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 Code
Representative

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

１. Consolidated business results for the six months ended September 2010
(April 1, 2010 through September 30, 2010)(1) Consolidated results of operations

Six months ended Sept. 2010
Six months ended Sept. 2009

(Percentage figures represent year-on-year changes)

Net sales
Million yen%
4,367
10.7
3,946
11.3

Operating income
Million yen%291
(22.2)
374
70.6

Net income
per share

Diluted net
income per share
Yen

Six months ended Sept. 2010
Six months ended Sept. 2009

Ordinary income
Million yen%326(18.7)401
2.6

Net income
Million yen%219(1.2)
222(6.6)

Yen

29.65
30.40

29.50
30.24

Total assets

Net assets(2) Consolidated financial position

Million yen
5,725
5,763

As of Sept. 2010
As of Mar. 2010

Shareholders’ equity
ratio%
35.5
32.9

Million yen
2,035
1,903

Net assets per
shareYen
272.93257.95(Reference) Shareholders’ equity:
As of September 2010: 2,030 million yen
As of March 2010:
1,898 million yen
2. Dividends
End of 1Q

End of 2QYen――

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

0.00
0.00

Dividends per share
End of 3Q
YenYen―Year-endTotal
Yen―

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

85015.0900

12.556527.3(Note) Revisions to business forecast for the current quarter: None－ 1 －Yen

76.89

4. Others(1) Changes in significant subsidiaries during the period: NoneNew: ―Excluded: ―(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 September 2010
7,830,000 shares
As of March 2010
7,750,000 shares② Treasury stock at the end of period
As of September 2010
389,780 shares
As of March 2010
389,700 shares③ Average number of stock during period (quarterly cumulative period)
Six months ended September 2010
Six months ended September 2009

7,405,981 shares
7,310,871 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.

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