Note) This translation may be used for reference purposes only. This English version is not an official translation ofthe original Japanese document. In cases where any differences occur between the English version and the original
Japanese version, the Japanese version shall prevail.

Summary of Financial Statements for the First Quarterof the Fiscal Year Ending December 31, 2015
[Japanese GAAP](Non-consolidated)
April 27, 2015

Broadleaf Co., Ltd.
Stock Listing:Stock Code:
Representative:
Scheduled Submission Date for Quarterly Report:
Scheduled Starting Date for Dividend Payment:
Earnings Supplementary Explanatory Documents:
Earnings Results Briefing:

Tokyo Stock Exchange 1st Section
3673
URL: http://www.broadleaf.co.jp/Kenji Oyama, Representative Director, President & CEO
May 14, 2015
Yes
Yes (For institutional investors and analysts)(Amounts are rounded down to the nearest million yen.)

1. Financial Results in FY2015 Q1 (from January 1, 2015 to March 31, 2015)(Percentage below represents increase (decrease) from the same period of previous year)(1) Results of Operations
Net Sales
Operating Income
Ordinary Income
Net Income
Millions of yen

FY2015 Q1
FY2014 Q1%Millions of yen%

Millions of yen%

Millions of yen%

3,467 (34.5)
5,295
41.4

(57)
1,554

328.7

(69)
1,537

392.3

(134)
872

691.9

Earnings Per ShareFY2015 Q1
FY2014 Q1

Diluted Earnings Per ShareYenYen(5.31)
33.42

33.34

(2) Financial Position
Total Asset

Net Asset

Millions of Yen

FY2015 Q1
FY2014(Reference) Shareholders’ Equity

Shareholders’ Equity Ratio
Millions of Yen

22,69728,343
FY2015 Q1: 19,183 Million Yen%

19,213
21,294FY2014: 21,264 Million Yen

84.5
75.0

2. Dividends
End of Q1

Dividends Per ShareEnd of Q3

End of Q2

Yen

Year-end

TotalYen

YenYenYen

FY201410.00
FY2015FY2015 (Forecast)
12.50(Note) Revisions to the latest forecast of dividends: No-

10.00

20.00

-12.5025.00

3. Earnings Forecast for FY2015 (from January 1, 2015 to December 31, 2015)(Percentage below represents increase from the same period of previous year)

Net Sales
Millions of Yen
stOperating Income%Millions of Yen%FY2015 1 Half
9,200 1.3
1,900 2.7
FY2015
19,600 3.7
4,600 10.4
(Note) Revisions to the latest forecast of earnings: No

Ordinary IncomeMillions of YenEarnings
Per ShareNet Income%

1,870 2.3
4,550 11.0

Millions of Yen%

Yen

1,020 8.1
2,530 15.4

40.63
101.12

* Notes(1) Adoption of special accounting methods for preparation of quarterly consolidated financial statements: No(2) Changes in accounting policies, changes in accounting estimates and restatement of corrections
1. Changes in accounting policies in association with revision in accounting standards: No
2. Other changes in accounting policies: No
3. Changes in accounting estimates: No
4. Restatement of corrections: No(3) Number of shares outstanding (common stock)
1. Number of shares outstanding
FY2015 Q1(including treasury stock)(Shares)

26,221,700 FY2014

2. Number of shares of treasury stock

FY2015 Q1

1,281,784

FY2014

3. Average number of shares outstanding(during the period)

FY2015 Q1

25,281,330 FY2014 Q1

26,221,700
92,484
26,101,636* Indication of quarterly review procedure implementation status
This quarterly earnings report is not subject to quarterly review procedures based upon the Financial Instruments
and Exchange Act. Thus, at the time of disclosure of the financial results, the quarterly financial statement review
procedures based upon the Financial Instruments and Exchange Act have not been completed.
* Comment regarding appropriate usage of earnings forecast, and other special notes(Note on forward-looking statements)
The forward-looking statements such as earnings forecasts contained in this document are based on the information
currently available to the Company and certain assumptions which are regarded as legitimate. The Company makes
no warranty as to the achievability of what is described in the statements. Actual results may differ from theseforecasts due to various factors.

Broadleaf Co., Ltd. (3673)
Summary of Financial Statements for the 1st Quarter of the FY2015 (Non-consolidated)

Table of Contents of Attached Material
1. Qualitative Information on Operating Results, etc. for the Three Months Ended March 31, 2015 ••••••••••••••••• 2(1) Qualitative information on financial results •••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 2(2) Qualitative information on financial position •••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 3(3) Qualitative information on earnings forecast ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 3
2. Matters Related to Summary Information (Notes) •••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 3(1) Application of specific accounting treatment to the preparation of quarterly financial statements •••••••••••••• 3(2) Changes in accounting principles and changes or restatements of accounting estimates ••••••••••••••••••••••••• 3
3. Financial Statements •••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 4(1) Balance sheet •••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 4(2) Statement of income •••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 6(3) Notes to financial statements •••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 7(Notes to going concern assumptions) •••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 7(Notes to significant changes in the stockholders’ equity ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 7(Significant subsequent event) ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 7
4. Supplementary Information •••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 8-1-Broadleaf Co., Ltd. (3673)
Summary of Financial Statements for the 1st Quarter of the FY2015 (Non-consolidated)

1. Qualitative Information on Operating Results, etc. for the Three Months Ended March 31, 2015
(1) Qualitative information on financial results
In the first three months of the fiscal year ending December 31, 2015, the Japanese economy continued to recovermoderately, reflecting an improvement in corporate earnings, especially at large manufacturers, and a recovery inpersonal spending associated with an upturn in the employment and income situation. The information services
industry, where Broadleaf Co., Ltd. (the “Company”) operates, performed well overall thanks to increased IT
investment by financial institutions and a rise in system replacement demand, particularly in the manufacturingindustry.
The automotive aftermarket* industry, to which major customers of the Company belong, is maturing mainly due
to structural factors in Japanese society, namely a fall in population caused by a low birth rate and rising longevity,
and the accelerating increase in the number of people who do not own an automobile irrespective of their age
group. The entire auto industry is facing changes in its industrial structure, including the entry of entities fromoutside the industry and M&A between entities in different industries, against a backdrop of technologicalinnovation, particularly electric vehicles and computerized components. These changes in the environment forparticipants in the automotive aftermarket are expected to raise participants’ awareness of the need for
improvement in business efficiency and in the quality of services through the promotion of IT, in which the autoindustry has lagged behind other industries. Meanwhile, business entities have started to take steps to develop newservices and to create new businesses by making good use of massive volumes of varied information associatedwith automobiles**. The automotive aftermarket industry is expanding as new entities enter the industry.
In this business environment, the Company is taking steps to expand its IT services to support customers’operations, based on its industrial platform***. At the same time, the Company is endeavoring to achieve growth in
the medium to long term under its management policy in its mid-term management plan for three years fromJanuary 2014: evolution to an integrated service provider that enables more fulfilling car ownership.
In the first three months of the fiscal year under review, the Company sought to enhance the functions of two focusservices—Carpod Tab, a tablet-type business support tool to enhance maintenance shops’ services to car owners,
and BL Parts Order System, an electronic ordering system for auto parts—and to get these services to permeate themarket. Meanwhile, the Company continued to promote sales of operation applications for maintenance shops,
bodywork shops, parts dealers, and recycling businesses for the permeation of the focus services. However,Business Application sales in the first three months of the fiscal year under review declined 1,882 million yen year
on year, to 2,138 million, reflecting a significant increase in sales in the same period of the previous fiscal year due
to a rise in system replacement at customers immediately before the termination of support for Windows XP.
In research and development, the Company is advancing development for creating services that will support car
owners by organically integrating vast amounts of information related to automobiles that the Company and its
customers have, considering future business development using automobile-related information.
As a result, in the first three months of the fiscal year under review, the Company posted net sales of 3,467 millionyen (down 34.5% year on year), an operating loss of 57 million yen (compared with operating income of 1,554
million yen a year ago), an ordinary loss of 69 million yen (compared with ordinary income of 1,537 million yen ayear ago), and a net loss of 134 million yen (compared with net income of 872 million yen a year ago).
The Company has a single business segment, which consists of IT services. A breakdown of sales by businessdomain is shown in the table below.
(Unit: Millions of Yen)

DomainBusiness Application Software

FY2015 Q1(From Jan. 1to Mar. 31, 2015)

FY2014 Q1(From Jan. 1to Mar. 31, 2014)

Year on year
rate of change

2,138

4,021(46.8%)

System Support

317361(12.3%)

Network Service

1,011912

10.9%

Total

3,467

5,295(34.5%)-2-Broadleaf Co., Ltd. (3673)
Summary of Financial Statements for the 1st Quarter of the FY2015 (Non-consolidated)* The automotive aftermarket is a submarket involving the maintenance of automobiles and the mounting ofequipment after the sale of automobiles.
** The promotion of use of automobile-related information is included in the Declaration to Be the World’s Most
Advanced IT Nation (revised; approved by the Cabinet on June 24, 2014) and the Japan Revitalization Strategy
Revised in 2014: Japan’s challenge for the future (approved by the Cabinet on June 24, 2014).
*** The industrial platform means a business information platform used by customers in a certain industry inplanning, communication, decision-making, payment, and other business situations.
(2) Qualitative information on financial position
Total assets at the end of the first quarter under review declined 5,646 million yen from the end of the previous
fiscal year, to 22,697 million yen, chiefly reflecting a 4,867 million yen decrease in cash and deposits resulting
from the final payment of income taxes, the acquisition of treasury stock, and repayments of long-term loans
payable, among other factors, and an 832 million yen decrease in accounts receivable-trade.
Liabilities fell 3,565 million yen, to 3,484 million yen chiefly due to a 1,552 million yen decrease in income taxes
payable and repayments of long-term loans payable.
Net assets decreased 2,080 million yen, to 19,213 million yen. The main factor was a 1,722 million yen increase intreasury stock.
(3) Qualitative information on earnings forecast
The results forecasts for the fiscal year ending December 31, 2015 announced on February 12, 2015 have not beenchanged.

2. Matters Related to Summary Information (Notes)(1) Application of specific accounting treatment to the preparation of quarterly financial statements
Not applicable(2) Changes in accounting principles and changes or restatements of accounting estimates
Not applicable-3-Broadleaf Co., Ltd. (3673)
Summary of Financial Statements for the 1st Quarter of the FY2015 (Non-consolidated)

3. Financial Statements(1) Balance sheet(Unit: Thousands of Yen)

AssetsCurrent assets
Cash and deposits
Notes receivable - trade
Accounts receivable - trade
Merchandise
Supplies
Prepaid expenses
Deferred tax assets
Accounts receivable - other
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Intangible assets
Goodwill
SoftwareTotal intangible assets
Investments and other assets
Investment securities
Investments in capital of subsidiaries andassociates
Long-term loans receivable from subsidiaries
and associates
Long-term loans receivable from employees
Claims provable in bankruptcy, claims
provable in rehabilitation and other
Long-term prepaid expenses
Lease and guarantee deposits
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets-4-FY2014(As of Dec. 31, 2014)

FY2015 Q1(As of Mar. 31, 2015)

10,671,694
72,8132,803,612
185,027
9,677
145,719
383,910
1,252,957
20,823(4,682)
15,541,554

5,804,179
34,514
1,971,611
227,568
11,468239,193
320,322
1,264,496
24,154(10,345)
9,887,164

424,198

469,064

10,031,002
1,024,710
11,055,713

9,863,819
1,065,264
10,929,083

724,619784,182

140,000

140,000-

60,000198

127

13,526

13,53649,538402,558
5,550(13,526)
1,322,464
12,802,376
28,343,931

42,405380,2655,550(13,536)
1,412,531
12,810,678
22,697,843

Broadleaf Co., Ltd. (3673)
Summary of Financial Statements for the 1st Quarter of the FY2015 (Non-consolidated)(Unit: Thousands of Yen)

Liabilities
Current liabilities
Accounts payable - trade
Current portion of long-term loans payable
Lease obligations
Accounts payable - otherAccrued expenses
Income taxes payable
Accrued consumption taxes
Advances received
Deposits received
Provision for bonuses
Provision for compensation for damage
Other
Total current liabilities
Non-current liabilities
Long-term loans payable
Lease obligations
Asset retirement obligations
Deferred tax liabilities
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Capital stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders' equity
Valuation and translation adjustments
Valuation difference on available-for-salesecurities
Total valuation and translation adjustments
Subscription rights to shares
Total net assets
Total liabilities and net assets-5-FY2014(As of Dec. 31, 2014)

FY2015 Q1(As of Mar. 31, 2015)

472,575
750,000
26,4152,539,280
351,602
1,571,143
383,228
25,816
63,741
483,747
37,474
31,245
6,736,270

239,21124,9372,264,851
84,22619,000122,255
47,87851,215
260,665
36,49531,2453,181,983

147,890
46,239111,827
7,381
313,338
7,049,608

128,890
40,035
112,135
21,440302,501
3,484,484

7,147,905
7,147,905
7,120,710(141,734)
21,274,786

7,147,905
7,147,905
6,724,177(1,864,597)
19,155,389(10,075)

28,356(10,075)
29,612
21,294,322
28,343,931

28,356
29,612
19,213,358
22,697,843

Broadleaf Co., Ltd. (3673)
Summary of Financial Statements for the 1st Quarter of the FY2015 (Non-consolidated)(2) Statement of income(Unit: Thousands of Yen)FY2014 Q1(From Jan. 1, 2014
to Mar. 31, 2014)
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income (loss)
Non-operating income
Interest income
Dividend income
Compensation income
Gain on investments in partnership
Other
Total non-operating income
Non-operating expenses
Interest expenses
Provision for loss compensation
Commission fee
Other
Total non-operating expenses
Ordinary income (loss)
Extraordinary income
Gain on sales of non-current assets
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Total extraordinary losses
Income (loss) before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
Net income (loss)-6-

FY2015 Q1(From Jan. 1, 2015
to Mar. 31, 2015)

5,295,010
1,269,044
4,025,966
2,471,917
1,554,048

3,467,460
1,080,473
2,386,987
2,444,528(57,541)

908
927
1,798
3,634

1,044
287
2,730
3,976
4,879
12,9184,770
11,488
3,952
20,211
1,537,471

1,547
5,951
15,0001,977
24,475(69,099)

-

6,430
6,430

3,146
3,146
1,534,325
556,552
105,393661,945872,380(62,669)
11,15460,492
71,647(134,316)

Broadleaf Co., Ltd. (3673)
Summary of Financial Statements for the 1st Quarter of the FY2015 (Non-consolidated)(3) Notes on financial statements(Notes on going concern assumptions)Not applicable(Notes on substantial changes in the stockholders’ equity)
Repurchase of shares
The Company resolved at the meeting of the Board of Directors on November 27, 2014 to repurchase thetreasury stock through a Tender Offer in accordance with the provisions of Article 156 of the Companies
Act which were deemed to be replaced with the Article 459, Paragraph 1 of the said Act under theprovisions of Company’s Articles of Incorporation. The Tender Offer was completed on January 27,
2015. Number of shares repurchased in total was 1,194,500 and total buy-back amount was up to1,730,830 thousand yen.
The balance of treasury stock as of March 31, 2015 was 1,864,597 thousand yen mainly due to therepurchase of shares.
(Significant subsequent event)
Cancellation of treasury stock
The Company resolved at the meeting of the Board of Directors held on April 27, 2015 to cancel thetreasury stock pursuant to Article 178 of the Companies Act.
1. Class of shares to be cancelled
2. Number of shares to be cancelled
3. Scheduled cancellation dateCommon stock
987,500 shares (3.77% of issued shares prior to the cancellation)
May 15, 2015

Note: Total number of issued shares after the cancellation will be 25,234,200 shares.

-7-

Broadleaf Co., Ltd. (3673)
Summary of Financial Statements for the 1st Quarter of the FY2015 (Non-consolidated)

4. Supplementary Information
Current Fiscal Year (From January 1, 2015 to December 31, 2015)(Unit: Millions of Yen)

Fiscal Year Ending December 31, 2015
Q1 Result
Net Sales

Ratio toNet SalesYoY rateof change

Progressrate

Full-year
forecast

3,467

100.0%(34.5%)

17.7%

19,600

2,138

61.7%

(46.8%)

15.6%

13,700

System Support317

9.1%(12.3%)

22.7%

1,400

Network Service

1,011

29.2%

10.9%

22.5%

4,500

Operating Income (Loss)

(57)

---

4,600

Net Income (Loss)

(134)

---

2,530

Business Application Software

Previous Fiscal Year (From January 1, 2014 to December 31, 2014)(Unit: Millions of Yen)

Fiscal Year Ended December 31, 2014
Q1 Result
Net Sales

Ratio toNet SalesYoY rateof change

Progressrate

Full-year
result5,295

100.0%

41.4%

28.0%

18,894

4,021

75.9%

54.1%

29.1%

13,818System Support

361

6.8%

11.8%

28.0%

1,290

Network Service

912

17.2%

12.6%

24.1%

3,785

Operating Income

1,554

29.3%

328.7%

37.3%

4,165

872

16.5%

691.9%

39.8%

2,193

Business Application Software

Net Income-8-