This translation is to be solely as a reference and the consolidated financial statements in this release are unaudited.

Consolidated Financial Results For the First Half Ended September 30, 2018
[Japanese Accounting Standards]
November 9, 2018
Company Name
Nippon Piston Ring Co., Ltd.
Stock Listing
Tokyo Stock Exchanges
6461
Code Number
URL
https://www.npr.co.jp/
Representative
Akira Yamamoto, President
Contact Person
Naohiro Tsubaru, General Manager, Accounting and Finance Department+81-48-856-5011
Telephone
November 9, 2018
Scheduled submission date of quarterly financial statements
December 6, 2018
Scheduled commencement date of dividend payment
Supplemental materials prepared for quarterly financial results
None
Convening briefing of quarterly financial results
None(Amounts are rounded down to the nearest million yen)

1. Consolidated Financial Results For the First Half Ended September 30, 2018 (April 1, 2018 to September 30, 2018)(Percentage figures represent year-on-year changes)(1) Consolidated Operating Results
Net income attributable toNet sales
Operating income
Ordinary income
owners of parent
Millions of yen％

Millions of yen％

Millions of yen％

Millions of yen％

28,53727,507

3.7
7.1

2,070
1,509

37.1
2.5

2,084
1,682

23.9
33.5

1,194
1,155

3.3
20.3

FY2018 1st Half
FY2017 1st Half
(Note) Comprehensive income:

1st half ended September 30, 2018: 182 million yen ( △ 71.1 %)1st half ended September 30, 2017: 634 million yen ( - %)Net income per share

FY2018 1st Half
FY2017 1st Half

Diluted net income per share
Yen

Yen

145.19140.50144.32140.05(2) Consolidated Financial Position
Total assets

Net assets

Millions of yen

Shareholders' equity ratio

Net assets per share％Millions of yen

Yen

As of September 30, 2018
66,67632,11047.0
3,812.15
As of March 31, 2018
66,09732,48248.1
3,865.23(Reference) Shareholders' equity
As of September 30, 2018: 31,352 million yen
As of March 31, 2018: 31,789 million yen(Note) The "partially revised "Accounting Standards for Tax Effect Accounting ''''(Corporate Accounting Standard No.28.
February 16,2018),etc.have been adopted as of the beginning of the first quarter of the current consolidated accounting period.
The revison, etc. are reflected on the previous fiscal-year amounts shown above.
2. Dividends
1st quarter2nd quarter

Yen

Dividend per share
3rd quarter

Yen

Fiscal year ended March 31, 2018―
Fiscal year ending March 31, 2019―
Fiscal year ending March 31, 2019 (forecast)(Note) Changes in the latest forecasts released: None

Year end

Yen

0.00
30.00

Full year
Yen

Yen

―

70.00

70.00

―

45.00

75.00

3. Forecast of Consolidated Earnings For the Year Ending March 31, 2019 (April 1, 2018 to March 31, 2019)(Percentage figures represent year-on-year changes)

Net sales
Full year

Operating income

Net income attributable
Net income per shareto owners of parent

Ordinary income

Millions of yen％

Millions of yen％

Millions of yen％

Millions of yen％

Yen

57,0001.94,100

5.44,100

△ 2.1

2,400

5.0

291.81(Note) Changes in the latest forecasts released: None

* Notes(1) Changes in significant subsidiaries during the current quarter: None
(2) Adoption of specific accounting method for quarterly consolidated financial statements: None
(3) Changes in accounting policies, accounting estimates and restatement of corrections
1) Changes in accounting policies due to accounting standard change: None
2) Other changes in accounting policies: None3) Changes in accounting estimates: None4) Restatement of corrections: None(4) Number of shares outstanding (common stock)1) Number of outstanding share at theAs of September
As of March 31,
8,374,157
30, 2018
2018
end of the period (including treasury stocks)2) Number of treasury stock at the end of the period
3) Average number of shares outstanding
during the quarter

8,374,157

As of September
30, 2018

149,793

As of March 31,
2018

149,666

FY2018
1st Half

8,224,425

FY2018
1st Half

8,225,021* Quarterly financial results reports are not subject to quarterly financial reviews.
* Explanation regarding the appropriate use of forecasts, and other statements
The financial forecast and other descriptions of the future presented in this document are based on currently available information andassumptions which are deemed reasonable at present. Please note that a variety of factors could cause actual results to differ from the forecasts.