Summary of Business Results for the Second Quarter Ended September 30, 2013
[Japan GAAP] (Consolidated)
November 8, 2013
CompanyEstore Corporation
Stock Code4304
URL: http://Estore.jp
Representative
Kenichi Ishimura, Representative Director
Contact
Youichi Yanagida, Director
Expected date of filing of quarterly report: November 14, 2013
Expected starting date of dividend payment: Preparation of quarterly supplementary financial document: Yes
Quarterly results briefing: Yes (for institutional investors and analysts)

Listed on the TSE

T E L: +81-3-3595-1106（Rounded down to million yen）１. Consolidated business results for the six months ended September 2013
(April 1, 2013 through September 30, 2013)(1) Consolidated results of operations

Six months ended Sept. 2013
Six months ended Sept. 2012

Net sales
Million yen
%
2,869
-3.5
2,973
25.2

(% change from the previous corresponding period)
Operating income
Ordinary income
Net income
Million yen% Million yen% Million yen%
307
-13.0
308
-12.1
191
-7.8
353
41.1
350
39.1
207
36.8

(Note) Comprehensive income
Six months ended September 2013: 199 million yen (-7.1%)
Six months ended September 2012: 214 million yen (48.7%)
Net incomeper share
Yen
Six months ended Sept. 2013
Six months ended Sept. 2012

53.32
48.91

Diluted net income pershareYen
53.31
48.91

(Note) The Company conducted a 100-for-1 stock split effective October 1, 2013. Net income per share and diluted net
income per share are calculated assuming that the stock split was conducted at the beginning of the pervious
consolidated fiscal year.

(2) Consolidated financial position
Total assets

Net assets

Million yen
As of Sept. 2013
As of Mar. 2013

Shareholders’ equity
ratio

Million yen903
2,120

3,067
4,434%
28.3
47.2(Reference) Shareholders’ equity:
As of September 2013: 869 million yen
As of March 2013:
2,091 million yen
2. Dividends
End of 1Q

End of 2Q
Yen

Year ended Mar. 2013
Year ending Mar. 2014

-Yen
0.00
0.00

Annual dividend
End of 3Q
Yen-

Year-end

Total
Yen

2,800.00

Yen
2,800.00(Notes) 1. In the Articles of Incorporation, the Company sets its record dates for the distribution of dividends at the endof 2nd quarter and at the end of year but at present, the estimated amount of dividends have not yet been
decided.
2. The Company conducted a 100-for-1 stock split effective October 1, 2013. For the fiscal year ended March2013, the actual dividend per share before the stock split is presented.
3. Dividend forecast for the year ending March 2014 is not presented because as stated in “3. Forecast of
consolidated business results for the year ending March 2014,” the Company does not disclose its business
forecasts.

3．Forecast of consolidated business results for the fiscal year ending March 2014
(April 1, 2013 through March 31, 2014)
It is difficult to make a rational prediction because the environment in the Internet industry which the Companybelongs changes rapidly and the accuracy of the figures in business forecast can not be confirmed. Therefore, theforecast of business results has not been presented.

－ 1 －※Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes
in the scope of consolidation): None
(2) Application of accounting procedures specific to preparation of the consolidated quarterly financial statements:
None(3) Changes in accounting policies, accounting estimates and restatement①Changes in accounting policies associated with revision of accounting standards:②Changes in accounting policies other than ①③Changes in accounting estimates④Restatement(4) Shares outstanding (common stock): None: None
: None: None

①Number of shares outstanding at the end of period (treasury stock included)
As of September 2013
5,163,600 shares
As of March 2013
5,163,600 shares②Treasury stock at the end of period
As of September 2013
2,145,100 shares
As of March 2013
911,100 shares③Average number of stock during period (quarterly cumulative period)
Six months ended September 2013
3,597,188shares
Six months ended September 2012
4,252,500 shares(Note) The Company conducted a 100-for-1 stock split effective October 1, 2013. The number of shares arecalculated assuming that the stock split was conducted at the beginning of the pervious consolidated fiscalyear.
※Implementation status of quarterly review procedure
This financial summary is not subject to the quarterly review procedures pursuant to the Financial Instruments andExchange Act. At the time of disclosure of this report, the procedures for review of financial statements pursuant to theFinancial Instruments and Exchange Act have not been completed.
※Explanation regarding appropriate use of business forecasts and other special instructions
It is difficult to make a rational prediction because the environment in the Internet industry which the Company
belongs changes rapidly and the accuracy of the figures in business forecast can not be confirmed. Therefore, theforecast of business results has not been presented.

－ 2 －