Note) This translation may be used for reference purposes only. This English version is not an official translation of theoriginal 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 Fiscal Year Ended December 31, 2015
[Japanese GAAP](Non-consolidated)
February 10, 2016

Broadleaf Co., Ltd.
Stock Listing:Tokyo Stock Exchange 1st Section
Stock Code:3673 URL: http://www.broadleaf.co.jp/
Representative:
Kenji Oyama, Representative Director, President & CEO
Scheduled Date for Ordinary General Meeting of Shareholders: March 30, 2016
Scheduled Starting Date for Dividend Payment:
March 31, 2016
Scheduled Submission Date for Securities Report: March 31, 2016
Earnings Supplementary Explanatory Documents: Yes
Earnings Results Briefing:
Yes (For institutional investors and analysts)(Amounts are rounded down to the nearest million yen.)

1. Financial Results for the FY 2015 (from January 1, 2015 to December 31, 2015)(Percentage below represents increase (decrease) from previous year)(1) Results of Operations
Net Sales
Operating Income
Ordinary Income
Net Income
Millions of yen

FY2015FY2014%

Millions of yen

16,824 (11.0)
18,894
4.8
Earnings Per
Share

FY2015FY2014%

Millions of yen

2,514 (39.6)
4,165
11.4

Diluted Earnings
Per Share%

Millions of yen

2,493 (39.2)
4,098
12.2

Return on
Equity1,251 (42.9)
2,193
14.6

Ordinary Income
to Total Assets

Operating Income
to Net Sales

Yen

Yen

%

%

%

50.47
84.03

50.44
83.90

6.2
10.6

9.2
14.8

14.9
22.0

(Reference) Share of (Profit) Loss of Entities Accounted for Using Equity Method

FY2015: -Million Yen

FY2014: - Million Yen(2) Financial Position
Total Asset

Net Asset

Shareholders’Equity Ratio

Net Assets Per
ShareMillions of Yen

Millions of Yen%

25,56528,343

19,385
21,29475.7
75.0

End of FY2015
End of FY2014(Reference) Shareholders’ Equity

End of FY2015: 19,356Million Yen

799.74813.83End of FY2014: 21,264 Million Yen(3) Cash Flow Status
Operating
Activities
FY2015FY2014%

Investing
Activities

Financing
Activities

Cash and Cash
Equivalents at
End of Period

Millions of Yen

Millions of Yen

Millions of Yen

Millions of Yen

655
4,849

-1,088-1,156-1,854-2,2508,384
10,671

2. Dividends
Dividends Per Share
End of
Q1
FY2014FY2015FY2016(Forecast)End ofQ2

End ofQ3

Year-end

Total
Dividends(Annual)

Total

Ratio of
Dividends
to NetAssetsDividend
Payout
Ratio

Yen

Yen

Yen

Yen

Yen

Millions of Yen

%

%

-

10.00
12.50

-

10.00
12.50

20.00
25.00

524
616

23.8
49.5

2.5
3.1

-

17.50

-

12.50

30.00

(Note) Breakdown of dividends for the end of Q2FY2016:

Ordinary dividend 12.50 yen

44.8
Commemorative dividend 5.00 yen

3. Earnings Forecast for FY2016 (from January 1, 2016 to December 31, 2016)(Percentage below represents increase from previous fiscal year)

Net Sales
1st Half of FY2016
FY2016

Operating Income

Millions of Yen

%

8,400
18,0000.9
7.0

Millions of Yen%

1,050 4.2
3,000 19.3

Ordinary Income
Millions of Yen

Earnings
Per Share

Net Income%

1,030 3.4
2,970 19.1

Millions of Yen%

Yen

560 17.6
1,620 29.4

23.14
66.93

* Notes(1) 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(2) Number of shares outstanding (common stock)
1. Number of shares outstanding
FY2015(including treasury stock)(Shares)

25,234,200 FY2014

26,221,700

2. Number of shares of treasury stock

FY20151,030,884

FY2014

92,484

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

FY201524,801,847 FY2 Q3

26,101,456* Indication of audit procedure implementation status
This earnings report is not subject to audit procedures based upon the Financial Instruments and Exchange Act.
Thus, at the time of disclosure of the financial results, the audit 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 these
forecasts due to various factors.

Broadleaf Co., Ltd. (3673)
Summary of Financial Statements for the FY2015 (Non-consolidated)Accompanying Materials – Contents
Financial Statements •••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 2(1) Balance sheet •••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 2(2) Statement of income •••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 4(3) Statement of cash flow ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 5-1-

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

1. Analysis of Results of Operations and Financial Position
1. Qualitative Information on Operating Results, etc. for the Fiscal Year Ended December 31, 2015
(1)Qualitative information on financial results
In the fiscal year under review (from January 1, 2015 to December 31, 2015), the Japanese economy maintained amoderate recovery, reflecting positive factors such as improvement in the employment and income environments
and a recovery in capital expenditure backed by an improvement in corporate earnings. The outlook for theJapanese economy is increasingly uncertain, however, chiefly due to concern over a slowdown in the Chinese
economy and other emerging economies while the U.S. monetary policy is being normalized.
The automotive aftermarket* industry, to which major customers of the Company belong, is maturing mainly due
to structural factors in Japanese society, namely the falling population caused by the low birthrate and increasing
longevity. The auto industry generally is facing changes in its industrial structure, including the entry of entities
from outside 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 service quality through the use of IT. Meanwhile, business entities havestarted to take steps to develop new services and create new businesses by making good use of information
associated with automobiles, resulting in the expansion of the automotive aftermarket industry.
In this business environment, the Company is taking steps to expand its IT services to support customers’
operations using its industrial platform,** and is endeavoring to achieve growth in the medium to long term under
its management policy of evolving into an integrated service provider that enables more fulfilling car ownership.
More specifically, the Company helped energize the automotive aftermarket industry by stepping up efforts topromote CarpodTab, which is designed to improve the ability of automotive maintenance shops, etc. to makeproposals to car owners and offer better services, and its computerized auto parts ordering service BL Parts Order
System, and sought to expand earnings especially in the Network Service domain. As a result, sales in Network
Service increased 456 million yen year on year, to 4,242 million yen. Meanwhile, a drop in the number of contract
renewals with existing business application software customers, amongst other factors, caused a decrease in sales
in Business Application Software of 2,502 million yen year on year, to 11,316 million yen. Sales in the System
Support domain also declined 24 million yen year on year, to 1,266 million yen. Consequently, net sales in thefiscal year under review amounted to 16,824 million yen, a decline of 2,069 million yen from a year ago.
On the cost front, the Company is continuing to undertake research and development to create new services thatwill support car owners by integrating vast amounts of information related to automobiles held by the Company
and its customers in preparation for future business development based on large-scale automobile-related
information. As a result, in the fiscal year under review, net sales were 16,824 million yen (-11.0% of the year-ago
level), operating income was 2,514 million yen (-39.6% of the year-ago level), ordinary income was 2,493 million
yen (-39.2% of the year-ago level), and net income was 1,251 million yen (42.9% of the year-ago level).
The Company has a single business segment, which consists of IT services. A breakdown of sales by businessdomain is shown in the table below.

DomainBusiness Application Software
System Support
Network Service
Total

FY2015 (From Jan. 1 to Sep.
30, 2015)
8,035
944
3,135
12,116, FY2014 (From Jan. 1 to Sep.
30, 2014)
9,956
969
2,807
13,733(Unit: Millions of yen)
Year-on-year
rate of change(19.3%)(2.5%)
11.7%(11.8%)*The automotive aftermarket is a submarket involving the maintenance of automobiles and the mounting ofequipment after the sale of automobiles.
**The industrial platform is a business information platform used by customers in a certain industry in planning,communication, decision-making, payment, and other business situations.
(2) Outlook for the Fiscal Year Ending December 31, 2016
In the automotive aftermarket* industry, to which major customers of the Company belong, the businessenvironment is changing dramatically, with the diversification of car owners’ needs and the entry of entities fromoutside the industry. Consequently, the Company must work with its customers to promptly implement strategies
that better reflect the views of car owners.

-2-

In this environment, the Company will seek to develop new services utilizing large-scale automobile-related
information, and will also step up initiatives to increase the added value of databases and strengthen alliances withother companies for the expansion of next-generation automotive aftermarket business. The Company also plans toleverage its knowledge of the specialist business applications and databases it provides to business operators in theautomotive aftermarket industry to build new logistics platform services to support customers’ parts distribution
business. By contributing to more efficient, energetic parts distribution in the automotive aftermarket industry
through such initiatives, the Company aims to further increase the earnings of the Network Service domain andgain new customers.
As a result of the above initiatives, in the fiscal year ending December 31, 2016, the Company forecasts net sales of
18,000 million yen (an increase of 7.0% year on year), operating income of 3,000 million yen (up 19.3% year onyear), ordinary income of 2,970 million yen (up 19.1% year on year), and net income of 1,620 million yen (up29.4% year on year).

-3-

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

Financial Statements(1) Balance sheet(Unit: Thousands of Yen)FY2014(As of Dec. 31, 2014)
AssetsCurrent assets
Cash and deposits
Notes receivable - trade
Accounts receivable - trade
MerchandiseWork in process
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
Shares of subsidiaries and associates
Investments in capital of subsidiaries
and associates
Long-term loans receivable fromsubsidiaries 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-

FY2015(As of Dec. 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

8,384,656
68,9812,660,888
215,153
4,509
12,821
166,386
201,544
1,289,046
34,054-4,75813,033,282

424,198

457,944

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

9,362,268
1,246,711
10,608,979

724,619-644,322
203,859

140,000

163,625-

60,000198-

13,526

13,71249,538402,558
5,550-13,526
1,322,464
12,802,376
28,343,931

23,090365,272
5,560-13,712
1,465,730
12,532,655
25,565,938

Broadleaf Co., Ltd. (3673)
Summary of Financial Statements for 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(As of Dec. 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

480,270624,000
32,6412,396,358
169,794
118,444
67,38830,24474,681
278,406
34,612
31,201
4,338,044

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

1,675,160
51,126
112,041
3,603
1,841,931
6,179,976

7,147,905
7,147,905
7,120,710-141,734
21,274,786

7,147,905
7,147,905
6,362,772-1,322,701
19,335,880-10,075

20,489-10,075
29,612
21,294,322
28,343,931

20,48929,592
19,385,961
25,565,938

Broadleaf Co., Ltd. (3673)
Summary of Financial Statements for the FY2015 (Non-consolidated)(2) Statement of income(Unit: Thousands of Yen)

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividend income
Compensation income
Other
Total non-operating income
Non-operating expenses
Interest expenses
Commitment line fee
Provision for loss compensation
Commission fee
Commission for purchase of treasury shares
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sales of non-current assets
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Loss on valuation of investment securities
Total extraordinary losses
Income before income taxes
Income taxes – current
Income taxes – deferred
Total income taxes
Net income-6-

FY2014(From Jan. 1, 2014
to Dec. 31, 2014)
18,894,039
4,821,117
14,072,922
9,907,502
4,165,420

FY2015(From Jan. 1, 2015
to Dec. 31, 2015)16,824,282
4,854,597
11,969,684
9,455,476
2,514,208

1,928
3,351
7,054
12,335

1,812
3,787
13,417
15,00034,018

12,6922,500
37,474
21,567
4,676
78,911
4,098,843

10,1202,500
21,221
17,0003,659
475
54,9752,493,250

-

6,430
6,430

3,290
3,290
4,095,553
1,933,236-30,898
1,902,338
2,193,214

228
119,194
119,4222,380,258
958,481
170,021
1,128,502
1,251,755

Broadleaf Co., Ltd. (3673)
Summary of Financial Statements for the FY2015 (Non-consolidated)(3) Statement of cash flow
(Unit: Thousands of Yen)FY2015(From Jan. 1, 2015
to Dec. 31, 2015)

FY2014(From Jan. 1, 2014
to Dec. 31, 2014)
Net cash provided by (used in) operating activities
Income before income taxes
Depreciation
Amortization of goodwill.
Increase (decrease) in allowance for doubtful
accounts
Increase (decrease) in provision for bonuses
Increase (decrease) in provision for compensation fordamageInterest and dividends income
Interest expense
Commitment line fee
Commission fee
Commission for purchase of treasury shares
Loss (gain) on sales of property, plant and equipment
Loss (gain) on valuation of investment securities
Decrease (increase) in notes and accounts
receivable - trade
Decrease (increase) in inventories
Decrease (increase) in accounts receivable - other
Increase (decrease) in notes and accounts payable trade
Increase (decrease) in accounts payable - other
Increase (decrease) in accrued expenses
Other, net
SubtotalInterest and dividends income received
Interest expenses paid
Income taxes paid
Net cash provided by (used in) operating activities
Net cash provided by (used in) investment activities
Purchase of property, plant and equipment
Proceeds from sales of property, plant and equipment
Purchase of Intangible assets
Purchase of investment securities
Payments for investments in capital of subsidiaries
and associates
Payments of loans receivable from subsidiaries andassociates
Purchase of shares of subsidiaries and associates
Payments for lease and guarantee deposits
Proceeds from collection of lease and guarantee
deposits
Other, net
Net cash provided by (used in) investment activities-7-

4,095,553
667,183
668,733

2,380,258
639,255
668,733

154

262

30,811-205,340

4,056-2,862-1,928
12,6922,500
21,567--5,60010,1202,500
17,0003,659-6,430119,194-1,300146,557-69,473-4,552-37,778-36,088

119,518

7,695

352,169-36,461
250,914
6,112,138
1,928-15,912-1,248,392
4,849,762-138,158-182,466-294,528
3,085,982
5,600-9,461-2,426,128
655,993-42,764-505,690-598,857-80,2996,430-766,087--17,500-23,625--60,000-1,762-203,859-3,8952,990

40,674

6,921-1,156,662

1,692-1,088,971

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

FY2014(From Jan. 1, 2014
to Dec. 31, 2014)
Net cash provided by (used in) financing activities
Proceeds from long-term loans payable
Repayment of long-term loans payable
Proceeds from issuance of common shares
Proceeds from issuance of subscription rights tosharesProceeds from sales of treasury shares
Purchase of treasury shares
Cash dividends paid
Purchase of commitment line fee
Purchase of commission fee
Repayments of lease obligations
Net cash provided by (used in) financing activities
Net Increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period-8-(Unit: Thousands of Yen)FY2015(From Jan. 1, 2015
to Dec. 31, 2015)

170,000-1,522,110
41,5002,500,000-1,098,730-

29,612-

27,578-174,808-784,719-2,500-35,459-2,250,906
1,442,193
9,229,501
10,671,694

39,729-2,674,958-575,111-2,500-17,000-25,489-1,854,060-2,287,038
10,671,694
8,384,656