Financial Results for the Third Quarter of the Fiscal Year Ending March 31, 2016
[Japanese GAAP] (non-consolidated)
February 12, 2016
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 12, 2016
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. Results of the 3rd quarter of the fiscal year ending March 31, 2016 (April 1, 2015 – December 31, 2015)(1) Results of Operation(Percentages represent changes from the same quarter of previous year)
Net sales
Nine months ended December 31, 2015
Nine months ended December 31, 2014

Operating income

Million yen%

613
―

―
―

Million yen

Net income
for the quarter

Ordinary income%Million yen%

Million yen%

-786
―
――
Fully diluted net
Net earnings per shareearnings per share forfor the quarterthe quarter-791
―

―
―-793
―

―
―

Yen

Yen

Nine months ended December 31, 2015-29.41―
Nine months ended December 31, 2014――(Notes)
1. As for class A preferred stocks (42,428 shares), upon exercise of the acquisition request with put options in consideration of ordinary
stocks, we issued 42,428 shares of ordinary stock effective July 14, 2015 and acquired the mentioned class A preferred stocks astreasury stocks. The treasury stocks were cancelled effective the same day. Then, the Company conducted a 100-for-1 stock split of
its ordinary stocks effective July 31, 2015. Net income per share for the quarter has been calculated as if a series of transaction forthe stock split was conducted at the beginning of this fiscal year.
2. As the Company started disclosure of the financial results for the third quarter from the current fiscal year, actual results and therate of increase/decrease for the third quarter of the fiscal year ended March 31, 2015 are not stated.
3. Fully diluted net earnings per share for the quarter is not stated as net loss was recorded for this period although there are residualshares.

(2) Financial Positions
Total assets
As of December 31, 2015
As of March 31, 2015
(Reference)
Shareholders’ equity

Net assets

Equity ratio%
Million yen
Million yen
3,161
2,921
92.4
1,227
1,02483.4
As of December 31, 2015 2,921 Million yen As of March 31, 2015 1,024 Million yen

2. Dividends
Annual Dividends per share
End of 1Q

End of 2Q

Yen

Fiscal Year ended March 31, 2015―
Fiscal Year ending March 31, 2016―
Fiscal Year ending March 31, 2016 (Forecast)(Notes) Corrections to most recently disclosed dividend projections : None―1―

End of 3Q

Year-end

AnnualYen

Yen

Yen

Yen

0.00
0.00

――

0.00

0.00

0.00

0.00

3. Projected financial results for fiscal year ending March 31, 2016 (April 1, 2015 – March 31, 2016)(Percentages represent changes from the same period of previous year)
Net income
Operating income Ordinary income
Net income
per share

Net sales
Million yen

Full year832% Million yen

1.3-1,341% Million yen―-1,328% Million yen%Yen-1,329―-47.15―(Notes)
1. Corrections to most recently disclosed financial results projections : None
2. As for class A preferred stocks (42,428 shares), upon exercise of the acquisition request with put options in consideration of ordinarystocks, we issued 42,428 shares of ordinary stock effective July 14, 2015 and acquired the mentioned class A preferred stocks astreasury stocks. The treasury stocks were cancelled effective the same day. Then, the Company conducted a 100-for-1 stock splitof its ordinary stocks effective July 31, 2015. Net income per share has been calculated as if a series of transaction for the stock
split was conducted at the beginning of this fiscal year.

[Notes](1) Application of special accounting methods for the preparation of quarterly financial statements: None(2) Changes in significant accounting policies, changes in accounting estimates and restatements
1) Changes in accounting policies due to revisions of accounting standards, etc.

: None2) Changes in accounting policies due to other reasons than above 1): None3) Changes in accounting estimates: None4) Restatements: None(3) 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,
2015
As of December 31,
2015
Nine months ended
December 31, 2015

31,807,700 shares― shares26,985,882 shares

As of March 31,
2015
As of March 31,
2015
Nine months ended
December 31, 2014

25,307,700 shares― shares― shares(Notes)
1. As the Company did not prepare quarterly financial statements for the fiscal year ended March 31, 2015, the average number of
the total outstanding shares (on a quarterly cumulative basis) for the third quarter of the fiscal year ended March 31, 2015 is notstated.
2. 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 various
reasons, actual results may differ substantially.

―2―

Financial statements for the quarter(1) Balance sheets for the quarter(Thousands of yen)
As of March 31, 2015
AssetsCurrent assets
Cash and deposits
Accounts receivable - trade
Merchandise and finished products
Work in process
Raw materials and supplies
Advance payments - trade
Advance payments - otherAccounts receivable - other
Other

As of December 31, 2015

823,737
79,5994,573
16,770127,157
12,17957,126
10,47524,3592,792,680
93,416
13,4081,155,979

3,097,200

Facilities attached to buildings, net
Machinery and equipment, net
Tools, furniture and fixtures, net

14,539979
29,735

12,953798
20,158

Total property, plant and equipment

Total current assets－112,709
9,024
53,634
9,291
13,036

Non-current assets
Property, plant and equipment

45,25533,909Intangible assets
Software
Software in progress

2,157
－

2,031
3,870

Total intangible assets

2,157

5,902

Investments and other assets
Guarantee deposits

24,07324,07324,07324,073

71,48663,884

1,227,465

3,161,085

Total investments and other assets
Total non-current assets
Total assets―3―

(Thousands of yen)
As of March 31, 2015

As of December 31, 2015

Liabilities
Current liabilities
Accounts payable - trade
Accounts payable - other
Income taxes payable
Advances received
Other

57,92045,156
4,531
66,8504,451

69,663
46,1496,265
78,797
10,805

Total current liabilities

178,910

211,682

Non-current liabilities
Provision for retirement benefits
Deferred tax liabilities
Asset retirement obligations

14,9682,076
7,383

18,5201,863
7,437

Total non-current liabilities

24,427

27,821

Total liabilities

203,337

239,503

Capital surplus
Retained earnings

642,585
626,170-244,627

1,988,085
1,971,670-1,038,173

Total shareholders' equity

1,024,127

2,921,581

Total net assets

1,024,127

2,921,581

1,227,465

3,161,085

Net assets
Shareholders' equity
Capital stock

Total liabilities and net assets―4―(2) Statements of operations for the quarter
For the first nine months (ended December 31, 2015)(Thousands of yen)
Nine months ended
December 31, 2015
613,113574,301

Net sales
Cost of sales
Gross profit

38,812

Selling, general and administrative expenses

825,745

Operating loss-786,932

Non-operating income
Interest income
Subsidy income
Other71
13,78875
13,935

Total non-operating income
Non-operating expenses
Interest expenses
Foreign exchange losses
Stock issuance expenses

16536
18,441
18,994

Total non-operating expenses
Ordinary loss

-791,992

Loss before income taxes-791,992

Income taxes - current
Income taxes - deferred

1,765
-212

Total income taxes

1,553-793,546

Net loss―5―