Summary of Business Results for the Fiscal Year Ended March 31, 2014
[Japan GAAP] (Consolidated)
May 9, 2014
Listed on the TSE 1
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
T E L: +81-52-933-5419
Managing Director, General Manager of Administration Div.
Expected date of annual shareholders’ meeting: June 27, 2014
Expected starting date of dividend payment: June 30, 2014
Expected date of filing of annual securities report: June 30, 2014
Preparation of supplementary financial document: Yes
Results briefing: Yes (for institutional investors and individual investors)
Company
Stock CodeRepresentative（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

Year ended Mar. 2014
Year ended Mar. 2013

Net sales
Million yen%
15,74714.2
13,78916.2

Operating income
Million yen%
1,288-3.6
1,336
20.0

(% change from the previous corresponding period)
Ordinary income
Net income
Million yen%
Million yen%
1,514
10.1872
16.2
1,375
19.5
750
14.9(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
Yen

Year ended Mar. 2014
Year ended Mar. 2013

Return onequityYen

10.45
8.99

-%
18.2
17.8

Ratio of ordinary
income to total
assets
%12.3
13.3

Ratio of operating
income to net sales%
8.2
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 theyear ended March 2013 is calculated assuming that the stock split was conducted at the beginning of the previous year.

(2) Consolidated financial position
Total assets

As of Mar. 2014
As of Mar. 2013

Net assets

Million yen
13,626
10,926

Million yen
5,102
4,485

Shareholders’ equity
ratio

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 theyear ended March 2013 is calculated assuming that the stock split was conducted at the beginning of the previous year.

(3) Consolidated results of cash flows

Year ended Mar. 2014
Year ended Mar. 2013

Cash flows fromoperating activities
Million yen
1,038
1,173

Cash flows frominvesting activities
Million yen-3,638-1,268－ 1 －Cash flows fromfinancing activities
Million yen
1,220514

Cash and cash equivalents
at the end of period
Million yen
1,8083,188

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

End of2Q

End of3Q

Yen-Yen
0.00
0.00
0.00

Year-end

Yen-

Yen
16.00
3.60
4.00

Total
Yen
16.00
3.60
4.00

Total
dividend(Total)Dividend
payout ratio(Consolidated)

Million yen
267
300%
35.6
34.5
30.8

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

(Note) The company conducted a five-for-one stock split effective July 1, 2013. Year-end dividend for the year ended
March 2013 is the amount before the stock split.

3．Forecast of consolidated business results for the fiscal year ending March 2015
(April 1, 2014 through March 31, 2015)
Net salesYear ending Mar. 2015

Operating income

Million yen%

Million yen

18,00014.3

1,778%
38.0(% change from the previous corresponding period)
Ordinary income
Net income
Net income pershareYen
Million yen%
Million yen%
1,800

18.8

1,082

24.1

12.97

*Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes
in the scope of consolidation): None(2) 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: Yes: None: None: None

(3) Shares outstanding (common stock)① Number of shares outstanding at the end of period (treasury stock included)
As of March 2014
83,457,000 shares
As of March 2013
83,457,000 shares② Treasury stock at the end of period:
As of March 2014
1,706 shares
As of March 2013
1,690 shares③ Average number of stock during period
Year ended March 2014
83,455,299 sharesYear ended March 2013
83,455,310 shares(Note) The company conducted a five-for-one stock split effective July 1, 2013. Therefore, the number of shares forthe year ended March 2013 is calculated assuming that the stock split was conducted at the beginning of theprevious year.

－ 2 －(Reference) Summary of non-consolidated business results
1. Non-consolidated business results for the fiscal year ended March 2014
(April 1, 2013 through March 31, 2014)(1) Non-consolidated results of operations

Year ended Mar. 2014
Year ended Mar. 2013

Net sales
Million yen%
1,069
40.1
763-2.8
Net incomeper share
Yen

Year ended Mar. 2014
Year ended Mar. 2013

7.10
4.09

(% change from the previous corresponding period)
Operating income
Ordinary income
Net income
Million yen% Million yen%
Million yen%
594
73.2
706
63.2
592
73.7
343
0.9
432
2.1
341
19.1
Diluted net income pershare
Yen-(Notes) 1. The company conducted a five-for-one stock split effective July 1, 2013. Therefore, net income per share forthe year ended March 2013 is calculated assuming that the stock split was conducted at the beginning of theprevious year.
2. The company changed its indication method in the non-consolidated financial statements and modified its
financial statements before the previous fiscal year to reflect the indication method. Therefore, net sales andoperating income for the year ended March 2013 and percentage change reflect the change in indication
method.

(2) Non-consolidated financial position
Total assets

As of Mar. 2014
As of Mar. 2013

Million yen
8,822
6,837

Net assets
Million yen
2,987
2,651

Shareholders’ equityratio

Net assets pershare%33.938.8

Yen
35.80
31.77

(Reference) Shareholders’ equity:
As of March 2014: 2,987 million yen
As of March 2013: 2,651 million yen(Note) The company conducted a five-for-one stock split effective July 1, 2013. Therefore, net assets per share for theyear ended March 2013 is calculated assuming that the stock split was conducted at the beginning of the previousyear.
*Implementation status of auditing procedures・This financial summary is not subject to auditing procedures pursuant to the Financial Instruments and Exchange Act.
At the time of disclosure of this report, the auditing procedures of consolidated financial statements pursuant to theFinancial 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.
・The company plans to hold results briefing for institutional investors and individual investors on May 12, 2014
(Monday) . After the results breifing, the company will promptly post presentation materials distributed at the results
briefing on the company website. Please confirm the results briefing schedule and other information on the company
website.
・The company conducted a five-for-one stock split effective July 1, 2013.

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