Summary Report of Consolidated Financial Results
For the Six Months Ended December 31, 2015

(All financial information has been prepared in accordance with accounting principles generally accepted in Japan.)
Don Quijote Holdings Co., Ltd.
Securities Code No.: 7532
Shares Listed:Tokyo Stock Exchange
Address:
2-19-10 Aobadai, Meguro-ku, Tokyo
Representative:
Kohji Oohara, President and CEO
Contact:
Mitsuo Takahashi, Senior Managing Director (Phone: +81-3-5725-7588)
URL:
http://www.donki-hd.co.jp(Amounts in million yen are rounded off to the nearest million)
1. Overview of Business Results and Financial Position for the six months ended 31 December, 2015
(1) Results of Business Operations(Millions of yen, except per-share data)
OperatingOrdinary
Net Sales
Change (%)
Change (%)
Change (%)
IncomeIncomeSix Months Ended
384,445
12.3
25,571
9.2
25,873
7.6
December 31, 2015
Six Months Ended
342,224
12.8
23,411
14.2
24,04413.8
December 31, 2014
(Note) Comprehensive income: 16,185 million yen [△3.7%] (FY 2016.6 2Q), 16,811 million yen [18.0%] (FY 2015.6 2Q)
ProfitAttributable toOwners of Parent

Change (%)

Net Income
Per Share(Yen)Net Income Per
Share-fully
diluted (Yen)Six Months Ended
14,232
3.9
90.05
89.97
December 31, 2015
Six Months Ended
13,694
5.1
87.21
86.87
December 31, 2014
(Note) On July 1, 2015, we conducted a 2-for-1 common stock split. Net Income Per Share and Net Income Per Share-fully
diluted have been calculated on the presumption that the stock split was conducted at the beginning of the previous
fiscal year.
(2) Financial Position(Millions of yen, except per-share data)
Total Assets

Ratio of Shareholders’ Equity
to Total Assets (%)

Net assets

As of December 31,
560,400
234,97140.0
2015
June 30, 2015
505,666
221,367
42.0(Reference) Equity: 224,244 million yen (as of December 31, 2015), 212,341 million yen (as of June 30, 2015)
2. Dividends
Three Months Ended
September 30
Year Ended June 30,
2015
Year Ending June 30,
2016
Year Ending June 30,
2016 (Forecast)

Six Months Ended
December 31

－

10.00

－

5.00

Yen
Nine Months
Ended March 31

Year Ended June30

Total－

30.00

40.00

－

15.00

20.00

(Note) Revision to the dividend forecast in the second quarter of fiscal 2016: None(Note) On July 1, 2015, we conducted a 2-for-1 common stock split. For the fiscal year ended June 30, 2015, the actual
amount of dividends before the said stock split is presented.
3. Consolidated Business Forecast：For the year ending June 30, 2016 (From July 1, 2015 to June 30, 2016)(Millions of yen, except per-share data)
ProfitNet

ChangeOperating

ChangeSales(%)

Income(%)

Ordinary
IncomeChangeAttributable toChange(%)

Owners of(%)

ParentYear EndingJune 30, 2016(Note)

750,000

9.7

41,0004.941,500

Revision to the business forecast in the second quarter of fiscal 2016: Yes1

3.3

23,4001.1

Net Incomeper Share(Yen)
148.004. Others(1) Significant changes in the scope of consolidation: Yes
Newly consolidated: one company (Don Quijote Holdings Retail Management Co., Ltd.) Excluded:－(2) Simplified accounting methods and special accounting methods for preparation of the quarterly consolidated
financial statements: None
(3) Changes in accounting policies concerning preparation of quarterly consolidated financial statements① Changes in line with revision to accounting standards: Yes② Other changes: None
③ Changes in accounting estimates: None
④ Restatement: None
(4) Number of outstanding shares (Common stock)① Number of outstanding shares (Treasury stock included)
December 31, 2015
158,117,560 shares
June 30, 2015
157,918,960 shares② Number of treasury stock
December 31, 2015
4,633 shares
June 30, 2015
2,488 shares③ Average number of outstanding shares during the period
December 31, 2015
158,051,983 shares
December 31, 2014
157,027,392 shares(Note) On July 1, 2015, we conducted a 2-for-1 common stock split. Number of outstanding shares (Common stock)has been calculated on the presumption that the stock split was conducted at the beginning of the previousfiscal year.
(5) Changes to accounting policies, changes in financial estimates and restatements
Application of “Accounting Standard for Business Combinations” and other applicable standards.
From the beginning of the fiscal year ending June 30, 2016, Don Quijote Holdings Co., Ltd. has applied the“Accounting standard for Business Combinations” (ASBJ Statement No. 21, September 13, 2013), “AccountingStandard for Consolidated Financial Statements” (ASBJ Statement No. 22, September 13, 2013), “AccountingStandard for Business Divestitures” (ASBJ Statement No. 7, September 13, 2013), and other applicable standards.
Accordingly, the Company has applied these accounting standards. As a result, the method of recording the amountof difference caused by changes in the Company’s ownership interests in subsidiaries in the case of subsidiaries
under ongoing control of the Company was changed to record as capital surplus, and the method of recording
acquisition-related costs has been changed to recognize as period expenses for the fiscal year in which they areincurred. Furthermore, for business combinations that are carried out on or after the beginning of this first quarter,
the accounting method has been changed to an adjusted acquisition cost allocation updated from the tentative
accounting treatment and is reflected in the quarterly consolidated financial statements for the quarter period inwhich the business combination occurs. In addition, the change in the presentation method of net income (loss) andminority interests to non-controlling interests have been applied from the beginning of this first quarter. To reflect
these changes, consolidated quarterly statements of operations and consolidated balance sheets for the previous
fiscal year have been reclassified.
Also from this first quarter, disbursements for acquisitions or proceeds from sales of shares of subsidiaries withoutchange of scope of consolidation have been presented in cash flows from financing activities, and cash out flows fromacquisition related costs for acquisitions of shares of subsidiaries with change of scope of consolidation and cash out
flows from acquisition or sale related costs for shares of subsidiaries without change of scope of consolidation havebeen presented in cash flows from operating activities on consolidated quarterly statements of cash flows.
Application of the Accounting Standard for Business Combinations and other applicable standards is in line withthe transitional measures that are provided in Paragraph 58-2(4) of the Accounting Standard for Business
Combinations, Paragraph 44-5(4) of the Accounting Standard for Consolidated Financial Statements, andParagraph 57-4(4) of the Accounting Standard for Business Divestitures, and is effective from the beginning of thisfirst quarter.
There is no impact to the consolidated financial statements of the six-month period ended December 31, 2015.

2

※Implementation Status of Financial Audit
This financial summary is not subject to quarterly review under the Financial Instrument and Exchange Act.
Quarterly review procedures for the consolidated financial statements are being conducted at the time of theannouncement of this financial summary.
※Explanation regarding the appropriate use of forecasts of business results
The financial forecasts of business results are based on judgments and estimates that have been made using
currently available information. By nature, such financial forecasts are subject to uncertainties and risks. Therefore,
actual results might be significantly different from the aforementioned forecasts for a variety of reasons, includingchanges in economic environments related to our business, market trends and exchange rates.

3Consolidated Quarterly Balance Sheets(Millions of yen)
As of December 31,

As of June 30,

2015

2015

AmountAmountAssetsCurrent assets
Cash and deposits¥68,685¥49,717

Notes and Accounts receivable-trade

9,904

6,820

Purchased receivables

6,170

5,439

Merchandise

107,451

94,580Other

20,843

19,476(66)(51)

212,987175,981

100,250

96,021

Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Tools, furniture and fixtures, net

14,56914,009Land

159,933

150,647

1,435

1,450

276,187

262,127

Goodwill

7,191

7,409

Other

10,182

10,120Total intangible assets

17,373

17,529Investment securities

6,345

6,425

Lease and guarantee deposits

33,51732,817

Other

15,735

12,542

Allowance for doubtful accounts(1,744)(1,755)

Total investments and other assets

53,85350,029Other, netTotal property, plant and equipment
Intangible assets

Investments and other assets

Total non-current assets

Total assets

4347,413

329,685¥560,400¥505,666

(Millions of yen)
As of December 31,

As of June 30,

2015

2015

AmountAmountLiabilities
Current liabilities
Accounts payable-trade¥84,167¥60,556

Short-term loans payable

2,344

1,921

Current portion of long-term loans payable

28,243

17,937

Current portion of bonds

26,306

18,740

Payables under fluidity lease receivables

7,093

7,040

Income taxes payable

7,673

8,454

Provision for point card certificates

1,119

938

Other

27,75928,990Total current liabilities

184,704

144,576

Bonds payable

56,70462,690Long-term loans payable

35,15625,156Long-term payables under fluidity lease receivables

30,46334,023

Asset retirement obligations

4,200

3,777

483

526

Non-current liabilities

Negative goodwill
Other

13,71913,551

Total non-current liabilities

140,725

139,723

325,429

284,299

22,382

22,227

Total liabilities

Net assets
Shareholders' equity
Capital stock
Capital surplus

25,18425,030Retained earnings174,289

162,428(14)(3)

221,841

209,682356

569

Foreign currency translation adjustment

2,047

2,090

Total accumulated other comprehensive income

2,403

2,659

23

13

10,704

9,013

Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities

Subscription rights to shares
Non-controlling interests
Total net assets

Total liabilities and net assets

5234,971

221,367¥560,400¥505,666

Consolidated Quarterly Statements of Income

Net sales

Six months ended
December 31, 2015

(Millions of yen)Six months ended
December 31, 2014

AmountAmount¥384,445¥342,224

281,504

250,590102,941

91,634

77,37068,22325,571

23,411

Interest and dividend income

334

292

Amortization of negative goodwill

43

52

Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income

Penalty income

703

42

Other

623

1,196

1,703

1,582

Total non-operating income
Non-operating expenses
Interest expenses

522

421

Cost of claim's liquidation

314

335

Other565

193

1,401

949

25,87324,044Gain on sales of non-current assets

90

Gain on bargain purchase－168

Other－

1

Total extraordinary income

9169

Loss on sales of non-current assets－367

Loss on retirement of non-current assets

5151

Loss on closing of stores

919

389

1108

971

915

24,911

23,298

Total non-operating expenses
Ordinary income
Extraordinary income

Extraordinary losses

Other
Total extraordinary losses
Income before income taxes and minority interests
Income taxes - Current

8,197

8,141

Income taxes - Deferred

262

△402

8,459

7,739

Profit16,452

15,559Profit attributable to non-controlling interests

2,220

1,865

¥14,232¥13,694

Total income taxes

Profit attributable to owners of parent

6Consolidated Quarterly Statements of Comprehensive Income(Millions of yen)

ProfitSix months ended

Six months ended

December 31, 2015

December 31, 2014

AmountAmount¥16,452¥15,559(218)

44

Foreign currency translation adjustment

(49)

1,208

Total other comprehensive income

(267)

1,252

Comprehensive income¥16,185¥16,811Comprehensive income attributable toComprehensive income attributable to owners of parent¥13,976¥14,945

2,209

1,866

Other comprehensive income
Valuation difference on available-for-sale securities

Comprehensive income attributable to non-controllinginterests

7Consolidated Quarterly Statements of Cash FlowsSix months ended
December 31, 2015
Amount(Millions of yen)Six months ended
December 31, 2014
AmountCash flows from operating activities:
Income before income taxes and minority interests

24,911

23,298Depreciation

7,068

5,985

(43)

(52)

Gain on bargain purchase－(168)

Increase (decrease) in provision

158

(146)

Interest and dividend income(334)(292)

Amortization of negative goodwill

Interest expenses522421

Increase in notes and accounts receivable - trade(3,933)(1,979)

Increase in inventories(12,882)(12,561)

Increase in notes and accounts payable - trade23,623

17,511Other, net

3,278

389

Subtotal

42,36832,406242

223

Interest and dividend income received

(469)

(442)

Income taxes paid

Interest expenses paid

(10,160)(8,983)

Income taxes refund

1,624

556

－

(109)

33,60523,651

Surcharge paid
Net cash provided by operating activities
Cash flows from investing activities:
Proceeds from withdrawal of time deposits－538

Purchase of property, plant and equipment(21,700)(24,865)

53233

Proceeds from sales of property, plant and equipment
Purchase of intangible assets

(274)

(274)

(1,144)(1,531)66

444(1,530)(1,509)－(1,581)－713(1,914)(1,726)(26,443)(29,558)

Net increase in short-term loans payable538

14,776

Proceeds from long-term loans payable

24,100

1,400

Repayment of long-term loans payable(3,793)(17,443)

Payments for lease and guarantee deposits
Proceeds from collection of lease and guarantee deposits
Payment for store opening in progress
Purchase of shares of subsidiaries resulting in change in scope ofconsolidation
Proceeds from purchase of shares of subsidiaries resulting in change
in scope of consolidation
Other, net
Net cash used in investing activities
Cash flows from financing activities:

Proceeds from issuance of bonds

4,819

7,888

Redemption of bonds(3,320)(3,590)－7,461(3,810)(3,539)309

896

Proceeds from fluidity of lease receivables
Repayments of payables under fluidity lease receivables
Proceeds from issuance of common shares
8Cash dividends paid

(2,369)(2,038)

(567)

(552)

Cash dividends paid to non-controlling interests
Other, net(5)(11)

15,902

5,248

(206)

455

Net increase (decrease) in cash and cash equivalents

22,858(204)

Cash and cash equivalents at beginning of period

51,292

44,105(32)－

74,11843,901

Net cash provided by financing activities
Effect of exchange rate change on cash and cash equivalents

Decrease in cash and cash equivalents resulting fromexclusion of subsidiaries from consolidation
Cash and cash equivalents at end of period

Segment Information
For the six months ended December 31, 2015
1. Information concerning sales and income by reporting segment(Millions of yen)
Reporting segment
RetailBusiness

Rentbusiness

Sub TotalOthers(Note 1)

Total

Adjustment Consolidated(Note 2)
(Note 3)¥371,409¥9,737¥381,146¥3,299¥384,445¥－¥384,445

7

8,762

8,769

3,747

12,516(12,516)－Total371,416

18,499389,915

7,046

396,961(12,516)

384,445

Segment income¥15,393¥7,129¥22,522¥3,266¥25,788¥(217)¥25,571

Sales, Segment income
Sales
Sales to third partiesIntersegment sales

Notes
1. The other businesses segment includes the services of real estate business, marketing business and financial service
business that are not included in other reporting segments.
2. The ¥ (217) million adjustment to segment income is an intersegment elimination.
3. Segment income is adjusted to the quarterly consolidated operating income.
2. Information concerning impairment loss of fixed assets or goodwill by reporting segment
Not applicable
For the six months ended December 31, 2014
1. Information concerning sales and income by reporting segment(Millions of yen)
Reporting segment
Sub Total

Others(Note 1)

Total

¥8,972¥339,333¥2,891¥342,224¥－¥342,224

7,373

7,373

2,959

10,332(10,332)－

330,361

16,345

346,706

5,850

352,556(10,332)

342,224¥14,954¥6,041¥20,995¥2,604¥23,599¥ (188)¥23,411RetailBusiness

Rentbusiness¥330,361－

Total
Segment income

Adjustment Consolidated(Note 2)
(Note 3)

Sales, Segment income
Sales
Sales to third parties
Intersegment sales

Notes
1. The other businesses segment includes the services of real estate business, marketing business and financial service
business that are not included in other reporting segments.
2. The ¥ (188) million adjustment to segment income is an intersegment elimination.
3. Segment income is adjusted to the quarterly consolidated operating income.
2. Information concerning impairment loss of fixed assets or goodwill by reporting segment
Not applicable9