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 Fiscal Year Ended
March 31, 2014 [Japan GAAP] (Consolidated)”
JP-HOLDINGS, INC. announces that portions of the “Summary of Business Results for the Fiscal Year Ended
March 31, 2014 [Japan GAAP] (Consolidated)” released on May 9, 2014 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 fiscal year ended March 2014
(April 1, 2013 through March 31, 2014)(1) Consolidated results of operations(% change from the previous corresponding period)(Before correction)
Net sales
Operating income
Million yen% Million yen%
Year ended Mar. 2014
15,747
14.2
1,288
-3.6
Year ended Mar. 2013
13,789
16.2
1,336
20.0
(Note) Comprehensive income:Year ended March 2014: 883 million yen (16.6%)
Year ended March 2013: 757 million yen (16.0%)
Net income
per share

Diluted net income
per share

Ordinary income
Million yen%
1,514
10.1
1,375
19.5

Return onequity

Net income
Million yen%
872
16.2
750
14.9

Ratio of ordinary
income to total
assets%12.3
13.3

Ratio of operating
income to net sales

YenYen%%Year ended Mar. 2014
10.45
18.2
8.2
Year ended Mar. 2013
8.99
17.8
9.7
(Reference) Investment earnings/loss on equity-method:Year ended March 2014: - million yen
Year ended March 2013: - million yen(Note) The company conducted a five-for-one stock split effective July 1, 2013. Therefore, net income per share for the year ended
March 2013 is calculated assuming that the stock split was conducted at the beginning of the previous fiscal year.

－ 1 －(After correction)
Net sales
Operating incomeMillion yen% Million yen%
Year ended Mar. 2014
15,74714.2
1,234-4.0
Year ended Mar. 2013
13,789
16.2
1,285
15.4
(Note) Comprehensive income:Year ended March 2014: 848 million yen (17.1%)
Year ended March 2013: 725 million yen (11.0%)
Net income
per share

Diluted net income
per share

Ordinary income
Million yen%
1,460
10.2
1,325
15.1

Return onequity

Net income
Million yen%837
16.7717
9.8

Ratio of ordinary
income to total
assets%12.0
12.8

Ratio of operating
income to net sales

Yen
Yen%
%
Year ended Mar. 2014
10.03
17.7
7.8
Year ended Mar. 2013
8.60
17.0
9.3
(Reference) Investment earnings/loss on equity-method:Year ended March 2014: - million yen
Year ended March 2013: - million yen(Note) The company conducted a five-for-one stock split effective July 1, 2013. Therefore, net income per share for the year ended
March 2013 is calculated assuming that the stock split was conducted at the beginning of the previous fiscal year.

(2) Consolidated financial position(Before correction)
Total assets

Net assets

Million yen
13,626
10,926

As of Mar. 2014
As of Mar. 2013

Shareholders’ equityratio

Million yen
5,102
4,485

Net assets pershare%

37.4
41.0

Yen
61.09
53.70

(Reference) Shareholders’ equity:
As of March 2014: 5,097 million yen
As of March 2013: 4,481 million yen(Note) The company conducted a five-for-one stock split effective July 1, 2013. Therefore, net assets per share for the year ended March2013 is calculated assuming that the stock split was conducted at the beginning of the previous fiscal year.

(After correction)
Total assets

Net assets

Million yen
13,521
10,876

As of Mar. 2014
As of Mar. 2013

Shareholders’ equityratioMillion yen
5,034
4,452

Net assets pershare%37.2
40.9

Yen
60.27
53.30

(Reference) Shareholders’ equity:
As of March 2014: 5,030 million yen
As of March 2013: 4,448 million yen(Note) The company conducted a five-for-one stock split effective July 1, 2013. Therefore, net assets per share for the year ended March2013 is calculated assuming that the stock split was conducted at the beginning of the previous fiscal year.

2. Dividends(Before correction)
Annual dividendYear ended Mar. 2013
Year ended Mar. 2014
Year ending Mar. 2015
(forecast)End of1Q

End of2Q

End of3Q

Year-endYen-Yen0.00
0.00

Yen-

Yen
16.00
3.60

Yen
16.00
3.60-

0.00

-

4.00

4.00

－ 2 －

Total

Total
dividend(Total)
Million yen
267
300

Dividend
payout ratio(Consolidated)
%
35.6
34.5
30.8

Rate of total
dividend tonet assets(Consolidated)
%
6.3
6.3

(After correction)
Annual dividendYear ended Mar. 2013
Year ended Mar. 2014
Year ending Mar. 2015
(forecast)End of3Q

Year-end

Total
dividend(Total)

End of
1Q

End of
2Q

Total

Yen-

Yen
0.00
0.00

Yen-

Yen
16.00
3.60

Yen
16.00
3.60-

0.00-4.00

4.00

Dividend
payout ratio(Consolidated)

Million yen
267
300%
37.2
35.9

Rate of total
dividend tonet assets(Consolidated)
%
6.3
6.3

30.8

3．Forecast of consolidated business results for the fiscal year ending March 2015
(April 1, 2014 through March 31, 2015)(Before correction)(% change from the previous corresponding period)
Net salesYear ending Mar. 2015

Operating income

Ordinary income

Net income

Net income
per share

Million yen%

Million yen%

Million yen%

Million yen%

18,000

14.3

1,778

38.0

1,800

18.8

1,082

24.1

Yen

12.97

(After correction)(% change from the previous corresponding period)
Net salesYear ending Mar. 2015

Operating income

Ordinary income

Net income

Net income
per share

Million yen%

Million yen%

Million yen%

Million yen%

18,000

14.3

1,778

44.1

1,800

23.3

1,082

29.3

－ 3 －Yen

12.97