<Translation>

February 3, 2016

Consolidated Financial Results
for the Nine Months Ended December 31, 2015
<under Japanese GAAP>
Company Name:
Listing:
Securities code:
URL:
Representative:
Inquiries:

Yushin Precision Equipment Co., Ltd.
First Section of the Tokyo Stock Exchange6482
http://www.yushin.com
Mayumi Kotani, President and Representative Director
Masahito Fukui, Accounting Manager
Tel: +81-75-933-9168 (from overseas)
Scheduled date to submit quarterly report:
February 12, 2016
Scheduled date to commence dividend payments:
Preparation of supplementary materials on the quarterly financial results: None
Holding of quarterly financial results briefing:
None(Amounts less than one million yen are omitted, unless otherwise noted)

1. Consolidated Business Results for the Nine Months Ended December 31, 2015
(from April 1, 2015 to December 31, 2015)(1) Consolidated operating results (Cumulative)(Percentages indicate year-on-year changes)

Net sales
Nine months ended

Operating income

Millions of yen% Millions of yen

Net income
attributable toshareholders of theparent company

Ordinary income% Millions of yen% Millions of yen%

December 31, 2015

15,527

22.5

2,494

70.1

2,379

38.9

1,668

54.3

December 31, 2014

12,671

(1.2)

1,465

(22.6)

1,713(18.0)

1,081(18.8)

Note: Comprehensive income
Nine months ended December 31, 2015: 1,554 million yen [(5.1) %]Nine months ended December 31, 2014: 1,638 million yen [(4.3) %]Net income per share
Nine months ended
December 31, 2015
December 31, 2014

Diluted net income
per share

Yen

Yen

95.39
61.84

-

(2) Consolidated financial position
Total assets

Net assets

Equity ratio

Millions of yen

Millions of yen%

As of December 31, 2015

30,107

24,85381.8

As of March 31, 2015

29,463

23,97080.6

Reference: Equity capital (Net assets less minority interests)
As of December 31, 2015: 24,634 million yen
As of March 31, 2015:

23,737 million yen

Yushin Precision Equipment Co., Ltd. (6482)

2. Cash Dividends
Annual dividends per share
1Q
Year ended March 31, 2015
Year ending March 31, 2016

2Q

3Q

Total

4Q

Yen

Yen

Yen

Yen

Yen

-

10.00
15.00

-

20.00

30.00

21.00

36.00

Year ending March 31, 2016
(Forecast)

Note: Revisions to projected dividends most recently announced: None

3. Consolidated Earnings Forecast for the Year Ending March 31, 2016
(from April 1, 2015 to March 31, 2016)(Percentages indicate year-on-year changes)

OperatingincomeNet sales

Millions ofyenYear ending March 31,
2016%

21,000 18.0

Millions ofyen

Ordinary income%

3,100 34.5

Millions ofyen%

Net income
attributable toshareholders of
the parent
company
Millions ofyen

3,100 21.9

Net
incomeper share%Yen

2,100 24.7

120.08

Note: Revisions to projected results most recently announced: Yes* Notes(1) Changes in significant subsidiaries during the period (Changes in specified subsidiaries accompanying
changes in scope of consolidation): None
Newly added: Excluded: (2) Adoption of the special accounting methods: Yes
Note: Please refer to “2. Other Information (Notes), (2) Adoption of special accounting methods for
preparation of quarterly financial statements” on page 2 of [Attached Material] for further information.
(3) Changes in accounting policies, changes in accounting estimates, and restatement
1) Changes in accounting policies due to revisions to accounting standards and other regulations: Yes
2) Changes in accounting policies due to other reasons:None3) Changes in accounting estimates:
None4) Restatement:
None(4) Number of issued shares (Common stock)1) Number of issued shares at the end of the period (including shares of treasury stock)
As of December 31, 2015
17,819,033 shares
As of March 31, 2015
17,819,033 shares
2) Number of shares of treasury stock at the end of the period
As of December 31, 2015
331,208 shares
As of March 31, 2015
330,904 shares
3) Average number of outstanding shares during the period
Nine months ended December 31, 2015
17,488,006 shares
Nine months ended December 31, 2014
17,488,538 shares* Information regarding the implementation of quarterly review proceduresThis quarterly financial information included in this summary is out of scope of quarterly review procedure
under the Financial Instruments and Exchange Act. Quarterly review procedure under the Financial Instruments
and Exchange Act has not been completed at the date of submission of this summary.

Yushin Precision Equipment Co., Ltd. (6482)* Cautionary statement with respect to forward-looking statements and other special remarks
The forecast above is based on the information currently available. A number of factors could cause actual
results to differ materially from expectations. For more information about these assumptions and notes
regarding the use of earnings forecast, please refer to “1. Qualitative Information on Quarterly Consolidated
Financial Performance, (3) Explanation on the forecast information including consolidated earnings forecast
and others” on page 2 of [Attached Material].

* Disclaimer
This English version is not an official translation of the original Japanese document. In cases where any
differences occur between the English version and the original Japanese version, the Japanese version shallprevail. Yushin Precision Equipment Co., Ltd. shall accept no responsibility or liability for damages or loss
caused by any error, inaccuracy, misunderstanding or misspelling with regard to this translation. Thistranslation may be used only for reference purposes. Yushin Precision Equipment Co., Ltd. maintains the rightto claim compensation from violators for any damage or loss it may suffer from the violation of these
conditions.

Yushin Precision Equipment Co., Ltd. (6482)[Attached Material]
INDEX
1. Qualitative Information on Quarterly Consolidated Financial Performance ··········································· 2(1) Explanation on the business results ······················································································ 2(2) Explanation on the financial condition ··················································································· 2(3) Explanation on the forecast information including consolidated earnings forecast and others ··················· 2
2. Other Information (Notes) ···································································································· 2(1) Changes in significant consolidated subsidiaries ······································································· 2(2) Adoption of special accounting methods for preparation of quarterly financial statements······················· 2(3) Changes in accounting principles, accounting estimates and retrospective restatement ·························· 2
3. Quarterly Consolidated Financial Statements ·············································································· 3(1) Quarterly consolidated balance sheets ··················································································· 3(2) Quarterly consolidated statements of income and quarterly consolidated statements of comprehensive
income ························································································································ 5
Quarterly consolidated statements of income ··········································································· 5
Quarterly consolidated statements of comprehensive income ························································ 6(3) Notes related to quarterly consolidated financial statements ·························································· 7< Notes related to going concern assumption > ·········································································· 7< Notes in the event of significant changes in shareholders’ equity > ················································ 7< Segment information > ··································································································· 7
4. Supplemental Information ···································································································· 8(1) Orders, backlog and sales ·································································································· 8(2) Overseas sales ··············································································································· 8

1Yushin Precision Equipment Co., Ltd. (6482)

1. Qualitative Information on Quarterly Consolidated Financial Performance(1) Explanation on the business results
During the nine months ended December 31, 2015, the US economy was on a recovery trend led by consumer
spending, and the European economy was also on a gradual recovery. On the other hand in Asia, there was a
slowdown in the growth of economy in many countries including China.
In these circumstances, the Group maintained favorable sales in take-out robot and custom-ordered equipment
in Japan, America and Europe, by focusing on building new business with global companies, although there wasa slowdown in order received from some area in Asia. As the results, consolidated net sales increased by 22.5%
year-on-year to 15,527 million yen. Operating income increased by 70.1% year-on-year to 2,494 million yen,ordinary income increased by 38.9% year-on-year to 2,379 million yen and net income attributable toshareholders of the parent company for the period increased by 54.3% year-on-year to 1,668 million yen.

(2) Explanation on the financial condition<Assets>
Total assets increased by 643 million yen from the end of the previous fiscal year to 30,107 million yen.
This was mainly due to increase of “Other” in “Property, plant and equipment” by 4,353 million yen anddecrease of “Cash and deposits” by 4,026 million yen.
<Liabilities>
Total liabilities decreased by 240 million yen from the end of the previous fiscal year to 5,253 million yen. Thiswas mainly due to decrease of “Advances received” by 435 million yen.
<Net assets>
Net assets increased by 883 million yen from the end of the previous fiscal year to 24,853 million yen.

(3) Explanation on the forecast information including consolidated earnings forecast and others
After reviewing our business forecast based on the future industry trend, we have revised our full-year forecast
for the fiscal year ending March 31, 2016, which was announced on November 5, 2015. For more detailed
information, please refer “Revisions to the Forecast for the Earnings” announced on February 3, 2016.

2. Other Information (Notes)(1) Changes in significant consolidated subsidiaries
None(2) Adoption of special accounting methods for preparation of quarterly financial statements
The effective tax rate on income before income tax for the consolidated fiscal year after the application of tax
effect accounting is reasonably estimated, and this estimated rate is applied to net income for the quarterly
period under review.
Income taxes–deferred are included in income taxes in the consolidated statements of income.

(3) Changes in accounting principles, accounting estimates and retrospective restatement(Application of Accounting Standard for Business Combinations and other standards)
With regard to the “Revised Accounting Standards for Business Combination” (Accounting Standards Board ofJapan(ASBJ) Accounting Standard – ASBJ Statement No. 21 dated September 13, 2013), the “Revised
Accounting Standard for Consolidated Financial Statements” (Accounting Standards Board of Japan (ASBJ)
Accounting Standard – ASBJ Statement No. 22 dated September 13, 2013), and the “Revised AccountingStandards for Business Divestitures” (Accounting Standards Board of Japan (ASBJ) Accounting Standard –ASBJ Statement No. 7 dated September 13, 2013) have been adopted from the first quarter of the current
consolidated fiscal year under review. Accordingly, the way in which quarterly net income is denoted has beenchanged, and the term minority interest has been changed to non-controlling interests. In order to reflect suchchanges, the quarterly consolidated financial statements and the full consolidated year financial statements forthe previous period (nine months ended December 31, 2014) and previous consolidated fiscal year have been
reclassified.

2

Yushin Precision Equipment Co., Ltd. (6482)

3. Quarterly Consolidated Financial Statements(1) Quarterly consolidated balance sheets
As of March 31, 2015
Amount%(Thousands of yen)
As of December 31, 2015
ChangeAmount%Amount<ASSETS>
Current assets
Cash and deposits

9,134,653

5,108,161(4,026,492)

Notes and accounts receivable - trade

5,848,881

5,498,813(350,068)

Merchandise and finished goods

1,111,488

1,053,303(58,185)

Work in process

1,010,085

1,231,591

221,506

Raw materials and supplies

2,237,352

2,354,105

116,752

Deferred tax assets

602,050595,328(6,722)

Other455,397

578,917

123,520

Allowance for doubtful accounts(25,952)(44,146)(18,193)

Total current assets

20,373,958

69.2

16,376,075

54.4(3,997,883)

Non-current assets
Property, plant and equipment
Buildings and structures

1,725,817

1,895,277

169,460

Land

5,807,868

5,794,752(13,115)

Other

561,155

4,914,218

4,353,062

Total property, plant and equipment
Intangible assets

8,094,840

27.5

12,604,248

41.9

4,509,407

161,8530.5

308,607

1.0

146,753

Investments and other assets
Investment securities

294,879

276,350(18,529)

Net defined benefit asset

346,848

347,597

748

Other

191,834

194,287

2,453

Allowance for doubtful accounts

(443)

(14)

428

Total investments and other assets

833,1202.8

818,2212.7(14,898)

Total non-current assets

9,089,814

30.8

13,731,077

45.6

4,641,262

Total assets

29,463,773

100.0

30,107,152

100.0

643,3793

Yushin Precision Equipment Co., Ltd. (6482)

As of March 31, 2015
Amount%(Thousands of yen)
As of December 31, 2015
ChangeAmount%Amount<LIABILITIES>Current liabilities
Notes and accounts payable - trade2,363,099

2,301,538(61,560)

Accounts payable - other526,107

697,074

170,966

Income taxes payable

265,529434,282

168,753

Advances received

1,282,839

847,615(435,223)

Provision for bonuses

235,000

118,000(117,000)

Provision for directors’ bonuses

30,75024,525(6,225)

Provision for product warranties

179,131

137,145(41,985)

Other

189,854

265,11275,257

Total current liabilities

5,072,311

17.2

4,825,295

16.0(247,015)

Non-current liabilities
Provision for directors’ retirement
benefits

66,78066,780-Net defined benefit liability

38,72941,575

2,845

Deferred tax liabilities

237,922

247,303

9,381

Other

77,887

72,382(5,505)

Total non-current liabilities

421,3191.4

428,041

1.4

6,721

5,493,630

18.6

5,253,336

17.4(240,293)

Total liabilities<NET ASSETS>
Shareholders' equity
Capital stock

1,985,666

1,985,666-

Capital surplus

2,023,903

2,023,903-

Retained earnings

19,205,664

20,261,767

1,056,102

Treasury stock(352,005)(352,731)(725)

Total shareholders’ equity
Accumulated other comprehensive
incomeValuation difference on
available-for-sale securities
Foreign currency translation
adjustment
Remeasurements of defined benefit
plans
Total accumulated
other comprehensive income

22,863,228

77.6

23,918,605

79.4

1,055,376

107,003

94,746(12,256)

658,809516,258(142,551)

108,707105,371(3,335)874,5203.0

716,376

2.4(158,143)

232,3930.8

218,834

0.7(13,559)

Total net assets

23,970,142

81.4

24,853,815

82.6

883,673

Total liabilities and net assets

29,463,773

100.0

30,107,152

100.0

643,379

Non-controlling interests

4

Yushin Precision Equipment Co., Ltd. (6482)(2) Quarterly consolidated statements of income and quarterly consolidated statements ofcomprehensive income
Quarterly consolidated statements of income(Thousands of yen)
Nine months ended
December 31, 2014%
AmountNine months ended
December 31, 2015%
AmountAmountNet sales

12,671,277

100.0

15,527,582

100.0

2,856,305

Cost of sales

7,548,839

59.6

8,964,585

57.7

1,415,746

Gross profit

5,122,437

40.4

6,562,997

42.3

1,440,559

Selling, general and administrative
expenses

3,656,485

28.9

4,068,843

26.2

412,357

Operating income

1,465,952

11.6

2,494,154

16.1

1,028,201

ChangeNon-operating income
Interest income

16,743

10,308(6,434)

Dividends income

4,905

4,722

(182)

Purchase discounts

9,051

11,2162,164

196,178-(196,178)-

12,208

12,208

Other

22,647

15,719(6,928)

Total non-operating income

249,525

Foreign exchange gains
Subsidy income

2.0

54,175

0.3(195,350)

Non-operating expenses
Sales discounts

793

617

(176)

-

167,910

167,910

Other

1,233

214

(1,018)

Total non-operating expenses

2,026

0.0

168,742

1.1

166,715

1,713,451

13.5

2,379,586

15.3

666,135

Foreign exchange losses

Ordinary income
Extraordinary income
Gain on sales of non-current assets

1,096

121

(975)

-

1,104

1,104

Gain on sales of investment securities
Total extraordinary income

1,096

Extraordinary loss
Loss on sales and retirement of
non-current assets

223

Total extraordinary losses

223

0.0

833

0.0

609

Income before income taxes

1,714,325

13.5

2,379,980

15.3

665,654578,852

4.6

648,369

4.2

69,516

1,135,472

9.0

1,731,610

11.2

596,138

54,041

0.4

63,4260.4

9,384

1,081,431

8.5

1,668,184

10.7

586,753

Income taxes
Net income
Net income attributable to non-controllinginterests
Net income attributable to shareholders of
the parent company

5

0.0

1,226

0.0

833

129

609

Yushin Precision Equipment Co., Ltd. (6482)

Quarterly consolidated statements of comprehensive income(Thousands of yen)
Nine months ended
December 31, 2014
Net income

Nine months ended
December 31, 2015

Change1,135,472

1,731,610

596,138

Valuation difference on available-forsale securities

28,465(12,256)(40,722)

Foreign currency translation adjustments

473,726(161,467)(635,194)

Remeasurements of defined benefit
plans, net of tax

1,270(3,335)(4,605)

Total other comprehensive income

503,462(177,060)(680,522)

1,638,934

1,554,550(84,384)

1,559,395

1,510,040(49,354)

79,53944,509(35,029)

Other comprehensive income

Comprehensive income(Breakdown)Comprehensive income attributable toshareholders of the parent company
Comprehensive income attributable tonon-controlling interests

6

Yushin Precision Equipment Co., Ltd. (6482)(3) Notes related to quarterly consolidated financial statements< Notes related to going concern assumption >None< Notes in the event of significant changes in shareholders’ equity >None< Segment information >Nine Months of FY2015 (from April 1, 2014 to December 31, 2014)
Information related to sales and profit or loss for each reportable segment(Thousands of yen)
Reportable segment
Total

Adjustment*1

Amounts shown onquarterly consolidated
statements of income
*2

Japan

U.S.A.

Asia

Europe6,449,918

2,024,166

3,689,543

507,647

12,671,277-

12,671,277

3,137,904

6,549

207,687

1,082

3,353,223(3,353,223)-

9,587,822

2,030,716

3,897,230

508,730

16,024,500(3,353,223)

12,671,277

Net sales
Sales tocustomers
Inter-segment
sales
Total

Segment
715,423
202,362
568,429
34,043
1,520,259(54,306)
1,465,952
profit*Notes 1: The (54,306) thousand yen adjustment to segment profit includes eliminations for inter-segment
transactions of (15,526) thousand yen and inventory adjustments of (38,780) thousand yen.
*Notes 2: Segment profit is adjusted to be consistent with operating income shown on the quarterly consolidated
statements of income.
Nine Months of FY2016 (from April 1, 2015 to December 31, 2015)
Information related to sales and profit or loss for each reportable segment(Thousands of yen)
Reportable segment
Total

Adjustment*1

Amounts shown onquarterly consolidated
statements of income
*2

Japan

U.S.A.

Asia

Europe7,597,719

2,647,127

3,976,678

1,306,057

15,527,582-

15,527,582

3,416,953

11,636

249,024

2,670

3,680,285(3,680,285)-

11,014,672

2,658,763

4,225,703

1,308,727

19,207,867(3,680,285)

15,527,582

Net sales
Sales tocustomers
Inter-segment
sales
Total

Segment
1,096,468
315,987
691,999
301,5392,405,996
88,1572,494,154
profit*Notes 1: The 88,157 thousand yen adjustment to segment profit includes eliminations for inter-segment
transactions of 59,586 thousand yen and inventory adjustments of 28,571 thousand yen.
*Notes 2: Segment profit is adjusted to be consistent with operating income shown on the quarterly consolidated
statements of income.

7

Yushin Precision Equipment Co., Ltd. (6482)

4. Supplemental Information(1) Orders, backlog and sales
a. Orders
1) Order received
Products(Thousands of yen)
Nine Months of FY2015

Change(%)

Nine Months of FY2016

Take-out robots

10,045,953

10,044,719

100.0

Custom-ordered equipment

2,637,931

1,984,828

75.2

Parts and maintenance service

2,217,280

2,456,912

110.8

Total

14,901,165

14,486,460

97.22) Backlog of orders
Products(Thousands of yen)
As of December 31, 2014

Change(%)

As of December 31, 2015

Take-out robots

2,160,577

2,044,648

94.6

Custom-ordered equipment

2,091,119

1,550,709

74.2

Parts and maintenance service

177,197

230,125

129.9

Total

4,428,894

3,825,483

86.4

b. Net sales(Thousands of yen)

Products

Nine Months of FY2015

Change(%)

Nine Months of FY2016

Take-out robots

9,370,082

10,505,087

112.1

Custom-ordered equipment

1,145,462

2,596,941

226.7

Parts and maintenance service

2,155,732

2,425,553

112.5

Total

12,671,277

15,527,582

122.5(2) Overseas sales
Nine Months of FY2015 (from April 1, 2014 to December 31, 2014)

I Overseas sales

North
AmericaAsia1,864,040

5,721,500(Thousands of yen)
EuropeOther areas

749,849

345,725

II Consolidated net sales
III Ratio of overseas sales toconsolidated net sales (%)

14.7

45.2

5.9

2.7

68.5

(Thousands of yen)North
America

Asia

Europe2,819,756

6,465,736

1,238,477

Other areas
322,333

II Consolidated net sales
III Ratio of overseas sales toconsolidated net sales (%)

8,681,116
12,671,277

Nine Months of FY2016 (from April 1, 2015 to December 31, 2015)

I Overseas sales

Total

Total
10,846,303
15,527,582

18.2

41.6

8

8.0

2.1

69.9