Financial Results for the Third Quarter of the Fiscal Year Ending March 31, 2017
[Japanese GAAP] (Consolidated)
February 10, 2017
Name of Company
GreenPeptide Co., Ltd.
Listed Market Mothers, TSE
TSE Code4594
URL http://www.green-peptide.com/
Representative(Title)
President & CEO(Name) Kenichi Nagai
Contact(Title)
Director/CFO(Name) Teruhiko Sakai(TEL) +81-3-5840-7697
Scheduled date of submission of quarterly report: February 10, 2017
Scheduled date of dividend payment commencement:―
Supplementary materials for quarterly financial statements: NoneBriefing of quarterly financial results: None(Millions of yen, rounded down to the nearest million)

1. Consolidated financial results for the 3rd quarter of the fiscal year ending March 31, 2017
(April 1, 2016 – December 31, 2016)(1) Consolidated results of Operation(Percentages represent changes from the same quarter of previous year)
Net sales
Million yen

Operating income%

Million yen

Profit attributable toowners of parent

Ordinary income%Million yen%

Nine months ended December 31, 2016431-699-711―――
Nine months ended December 31, 2015――――――(Note) Comprehensive income
Nine months ended December 31, 2016
-716 Million yen ( ― %)Nine months ended December 31, 2015
― Million yen ( ― %)Fully diluted net
Net income per shareincome per share forfor the quarterthe quarter%

-712
―

――Yen

Million yen

Yen

Nine months ended December 31, 2016-21.45―
Nine months ended December 31, 2015――(Notes)
1. Figures for the third quarter of the fiscal year ended March 31, 2016 and year-on-year changes are not stated, because the company
began preparing quarterly consolidated financial statements from the third quarter of the fiscal year ending March 31, 2017.
2. Fully diluted net income per share for the quarter is not stated as net loss was recorded for this period although there are residualshares.

(2) Consolidated financial Positions
Total assets

Net assets

Equity ratio%
Million yen
Million yen
As of December 31, 2016
4,501
4,308
94.9
―
――
As of March 31, 2016
(Reference)
Shareholders’ equity As of December 31, 2016 4,270 Million yen As of March 31, 2016 ― Million yen(Notes) Figures as of the March 31, 2016 are not stated, because the company began preparing quarterly consolidated financial
statements from the third quarter of the fiscal year ending March 31, 2017.

2. Dividends
Annual Dividends per share
End of 1Q

End of 2Q

Yen

Fiscal Year ended March 31, 2016―
Fiscal Year ending March 31, 2017―
Fiscal Year ending March 31, 2017 (Forecast)(Notes) Corrections to most recently disclosed dividend projections : None―1―

End of 3Q

Year-end

Annual

Yen

Yen

Yen

Yen

0.00
0.00

――

0.00

0.00

0.00

0.00

3. Consolidated financial forecast for the fiscal year ending March 31, 2017 (April 1, 2016 – March 31, 2017)(Percentages represent changes from the same period of previous year)
Profit attributable toOperating income Ordinary income
Net income
owners of parent

Net sales
Million yen

Full year406% Million yen―-1,306% Million yen―-1,306% Million yen%

Yen

-1,308―-41.14―(Notes)1. Corrections to most recently disclosed financial results projections : Yes
2. Year-on-year changes are not stated, because the company began preparing consolidated financial statements from the fiscal year
ending March 31, 2017.

[Notes](1) Changes in significant subsidiaries during the period (change in scope of consolidation): None(2) Application of special accounting methods for the preparation of quarterly consolidated financial: Nonestatements(3) Changes in significant accounting policies, changes in accounting estimates and restatements
1) Changes in accounting policies due to revisions of accounting standards, etc.
: Yes2) Changes in accounting policies due to other reasons than above 1): None3) Changes in accounting estimates: None4) Restatements: None(4) Number of shares outstanding (common stock)1) Number of shares outstanding at the endof fiscal term (including treasury stocks)2) Number of treasury stocks at the end offiscal term3) Average number of shares during thefiscal term (cumulative from beginningof quarter)

As of December 31,
2016
As of December 31,
2016
Nine months ended
December 31, 2016

34,988,400 shares― shares33,232,809 shares

As of March 31,
2016
As of March 31,
2016
Nine months ended
December 31, 2015

31,807,700 shares― shares26,985,882 shares(Notes)1. Due to a 100-for-1 stock split which was conducted with an effective date of July 31, 2015, the number of shares is calculated
as if such stock split was implemented at the beginning of the previous fiscal year.

* Disclosure on the status of the quarterly review procedures.
Although this quarterly financial report is not subject to the requirement of the quarterly review procedures under
the Financial Instruments and Exchange Act, the quarterly review procedures for the quarterly financial statements
have been completed at the time of disclosure of the quarterly financial report.
* Explanations regarding appropriate use of forecasts and projections of financial results, and other specific notes.
All forecasts and projections contained in this presentation are based on the information currently available to themanagement and they are not intended to represent our promise to attain them as a goal. Furthermore, due to variousreasons, actual results may differ substantially.

―2―

Quarterly Consolidated Financial Statements(1) Quarterly Consolidated Balance Sheets(Thousands of yen)
As of December 31, 2016
AssetsCurrent assets
Cash and deposits
Accounts receivable - trade
Merchandise and finished products
Work in process
Raw materials and supplies
Other

4,009,628
66,165
8,733
9,078
23,573
222,327

Total current assets

4,339,507

Non-current assets
Property, plant and equipment
Facilities attached to buildings, net
Machinery and equipment, netTools, furniture and fixtures, net

39,714360
67,774

Total property, plant and equipment

107,850

Intangible assets
Other

14,681

Total intangible assets

14,681

Investments and other assets
Other

39,430Total investments and other assets

39,430Total non-current assets

161,962

Total assets

4,501,469

Liabilities
Current liabilitiesAccounts payable - trade
Income taxes payable
Other

26,493
12,683
108,705

Total current liabilities

147,882

Non-current liabilities
Net defined benefit liability
Asset retirement obligations
Deferred tax liabilities

24,805
16,533
4,214

Total non-current liabilities

45,553

Total liabilities

193,436―3―

(Thousands of yen)
As of December 31, 2016
Net assets
Shareholders' equity
Capital stock
Capital surplus
Retained earnings

3,119,628
3,103,213‐1,951,975

Total shareholders' equity

4,270,867

Subscription rights to shares
Non-controlling interests

31,445
5,721

Total net assets

4,308,033

Total liabilities and net assets

4,501,469―4―(2) Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statements of Income
For the Nine Months Ended December 31, 2016
(Thousands of yen)
For the nine months ended
December 31, 2016
Net sales
Cost of sales

431,430
423,034

Gross profit

8,395

Selling, general and administrative expenses

707,606

Operating loss

‐699,210

Non-operating income
Interest income
Other14108

Total non-operating income

122

Non-operating expenses
Stock issuance expenses
Other

9,064
3,739

Total non-operating expenses

12,804‐711,892

Ordinary loss
Extraordinary losses
Loss on retirement of non-current assets

372

Total extraordinary losses

372

Loss before income taxes‐712,264

Income taxes - current
Income taxes - deferred

2,010
2,499

Total income taxes

4,510‐716,775

Net loss‐3,892Net loss attributable to non-controlling interests‐712,882

Net loss attributable to owners of parent―5―

Quarterly Consolidated Statements of Comprehensive Income
For the Nine Months Ended December 31, 2016
(Thousands of yen)
For the nine months ended
December 31, 2016
Net loss‐716,775

Comprehensive income‐716,775

Comprehensive income attributable to:‐712,882

Comprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests―6―‐3,892