Summary of Business Results for the Year Ended March 31, 2012
[Japan GAAP] (Consolidated)
May 11, 2012
Listed on the TSE 1
JP- Holdings Inc.
2749
URL: http://www.jp-holdings. co.jp
Hiromi Yamaguchi, President and Representative Director
Kazuhiro Ogita
C o n t a c t
T E L: +81-52-933-5419
Managing Director, General Manager of Administration Div.
Expected date of annual shareholders’ meeting:June 28, 2012
Expected starting date of dividend payment: June 29, 2012
Expected date of filing of annual securities report: June 29, 2012
Preparation of supplementary financial document: Yes
Results briefing: Yes (for institutional investors and individual investors)
Company
Stock Code
Representative（Rounded down to million yen）

１. Consolidated business results for the year ended March 2012 (April 1, 2011 through March 31, 2012)(1) Consolidated results of operations

Year ended Mar. 2012
Year ended Mar. 2011

Net sales
Million yen%
11,867
29.5
9,166
11.9

Operating income
Million yen
%
1,114
32.7
839
13.7

(% change from the previous corresponding period)
Ordinary income
Net income
Million yen%
Million yen
%
1,150
32.8
653
30.7
866
8.3
500
12.5

(Note) Comprehensive income:Year ended March 2012: 653 million yen (30.7%)
Year ended March 2011: 499 million yen (12.5 %)Net income
per share

Diluted net
income per share
Yen

Year ended Mar. 2012
Year ended Mar. 2011

39.19
33.38

Return on
equity

Yen
39.15
33.25

%
17.4
18.3

Ratio of ordinary
income to total
assets
%12.0
11.4

Ratio of operating
income to net sales
%
9.4
9.2

(Reference) Investment earnings/loss on equity-method:Year ended March 2012: ― million yen
Year ended March 2011: ― million yen(Note) The company conducted a two-for-one stock split effective June 1, 2011. Therefore, net income per share anddiluted net income per share for the year ended March 2011 were calculated assuming that the stock split was conductedat the beginning of the previous year.

(2) Consolidated financial position
Total assets

As of Mar. 2012
As of Mar. 2011

Net assets

Million yen
9,808
9,432

Million yen
3,977
3,559

Shareholders’ equity
ratio
%
40.5
37.7

Net assets per
share
Yen
238.07213.64(Reference) Shareholders’ equity:
As of March 2012: 3,973 million yen
As of March 2011: 3,555 million yen(Note) The company conducted a two-for-one stock split effective June 1, 2011. Therefore, net assets per share for theyear ended March 2011 were calculated assuming that the stock split was conducted at the beginning of the previous
year.

(3) Consolidated results of cash flows

Year ended Mar. 2012
Year ended Mar. 2011

Cash flows fromoperating activities
Million yen
1,205
915

Cash flows frominvesting activities
Million yen(821)(1,808)－ 1 －Cash flows fromfinancing activities
Million yen
(219)
2,473

Cash and cash equivalents
at the end of period
Million yen
2,768
2,602

2. Dividends
Annual dividendYear ended Mar. 2011
Year ended Mar. 2012
Year ending Mar. 2013
(forecast)End of
1Q

End of2Q

End of
3Q

Yen
―
―
―

Yen
0.00
0.00
0.00

Total

Total
dividend(Total)

Yen
29.00
15.00

Yen
29.00
15.00

Million yen
241
250

16.00

16.00

Year-end

Yen
―
―
―

Dividend
payout ratio(Consolidated)
%
43.4
38.3

Rate of total
dividend to
net assets(Consolidated)
%
8.5
6.6

32.0

(Notes) 1. Breakdown of year-end dividend for fiscal 2012: Commemorative dividend¥2.50
2. Annual dividend for the year ended March 2011 includes ¥5.00 to commemorate the company’s listing on theTokyo Stock Exchange 2nd Section.
3. The company conducted a two-for-one stock split effective June 1, 2011. The year-end dividend for fiscal
2011 represents the amount before the stock split.

3．Forecast of consolidated business results for the year ending March 2013
(April 1, 2012 through March 31, 2013)
Net salesYear ending Mar. 2013

Operating income

Ordinary income
Million yen

Million yen%

Million yen

14,000

18.0

1,375

%

23.4

1,400

%
21.6

(% change from the previous year)
Net income
Net income per
share
Yen
Million yen
%
834

27.7

49.97

4. Others(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes
in the scope of consolidation): None
(2) 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: Yes: None: None: None(3) Shares outstanding (common stock)① Number of shares outstanding at the end of period (treasury stock included)
As of March 2012
16,691,400 shares
As of March 2011
16,642,400 shares② Treasury stock at the end of period:
As of March 2012338 shares
As of March 2011
160 shares③ Average number of stock during period
Year ended March 2012
16,672,234 sharesYear ended March 2011
14,979,090 shares(Note) The company conducted a two-for-one stock split effective June 1, 2011. Therefore, the number of shares forthe year ended March 2011 was calculated assuming that the stock split was conducted at the beginning of the previous
year.

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(Reference) Summary of non-consolidated business results
1. Non-consolidated business results for the year ended March 2012 (April 1, 2011 through March 31, 2012)(1) Non-consolidated results of operations

Year ended Mar. 2012
Year ended Mar. 2011

Net sales
Million yen
%
766
25.0
613
(0.4)

Operating income
Million yen
%
320
63.0
196
(23.7)Net income
per share

Diluted net
income per share
Yen

Year ended Mar. 2012
Year ended Mar. 2011

17.19
11.31

(% change from the previous year)
Ordinary income
Net income
Million yen%
Million yen
%
424
67.7
286
69.1
252
(17.7)
169(35.6)

Yen
17.17
11.27

(Note) The company conducted a two-for-one stock split effective June 1, 2011. Therefore, net income per share anddiluted net income per share for the year ended March 2011 were calculated assuming that the stock split was conductedat the beginning of the previous year.

(2) Non-consolidated financial position
Total assets

As of Mar. 2012
As of Mar. 2011

Million yen
5,992
5,835

Net assets
Million yen
2,553
2,501

Shareholders’ equity
ratio
%
42.6
42.9

Net assets per
share
Yen
152.97150.34(Reference) Shareholders’ equity:
As of March 2012: 2,553 million yen
As of March 2011: 2,501 million yen(Note) The company conducted a two-for-one stock split effective June 1, 2011. Therefore, net assets per share for theyear ended March 2011 were calculated assuming that the stock split was conducted at the beginning of the previous
year.
※Implementation status of auditing procedure
・This financial summary is not subject to auditing procedure pursuant to the Financial Instruments and Exchange Act.
At the time of disclosure of this report, the auditing procedure of consolidated financial statements pursuant to the
Financial Instruments and Exchange Act is being conducted.
※ Explanation regarding appropriate use of business forecasts and other special instructions
・Forecasts regarding future performance in this material are based on information currently available to the company
and certain assumptions that the company deems to be reasonable at the time this report was prepared. Actual results
may differ significantly from the forecasts due to various factors.
・The company plans to hold results briefing for institutional investors and individual investors on May 14, 2012 (Mon.) .
After the results breifing, the company will promptly post presentation materials distributed at the results briefing on
the company website. Please confirm the results briefing schedule and other information on the company website.
・The company conducted a two-for-one stock split effective June 1, 2011.

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