November 09, 2016

Consolidated Financial Results (Japanese Accounting Standards)
for the Six Months Ended September 30, 2016 (Q2 FY2016)
Company name:
Stock exchange listing:Stock code:
URL:
Representative:
Contact:

Itoham Yonekyu Holdings Inc.
Tokyo Stock Exchange2296

http://www.itoham-yonekyu-holdings.com

Scheduled date for filing of securities report:
Scheduled date of commencement of dividend payment:
Supplementary documents for quarterly results:
Quarterly results briefing:

Isao Miyashita, President and Representative Director
Akira Kotake, Manager, Investor Rerations Section
Tel. +81-3-5723-6889
November 14, 2016
－Yes
Yes (for analysts and institutional investors)(Amounts of less than one million yen are truncated)

1. Consolidated Financial Results for the Six Months Ended September 30, 2016 (April 1, 2016–September 30,2016)(1) Consolidated Results of Operations (Accumulated Total)
Net sales

Operating income(% figures show year-on-year change)
Profit attributable toOrdinary income
owners of parent
Million Yen% Million Yen%
11,957
9,526－－Six month ended
Million Yen% Million Yen%
398,878
10,512September 30, 2016－－September 30, 2015
(Note) Comprehensive income:Six months ended September 30, 2016
3,476 million( - %)Six months ended September 30, 2015million( - %)Fully diluted net income
Net income per shareper share
Six month ended
YenYenSeptember 30, 2016
32.04
32.01
September 30, 2015－－(2) Consolidated financial position
Total assets
Net assets
Equity ratio
Million Yen
Million Yen
360,147
203,700－－
196,805 million
As of September 30, 2016
－ million
As of March 31, 2016

As of September 30, 2016
As of March 31, 2016
(Reference) Shareholders’ equity:%54.6－

2. Dividends
First quarter-end
Secound quarter-end
YenYen－－－0.00

Year ended March 31, 2016
Year ending March 31, 2017
Year ending March 31, 2017
(Forecast)(Note) Amendment to forecasts of dividends recently announced: None

Third quarter-end
Yen－

Fiscal year-end
Yen－－

15.00

TotalYen－
15.00

3. Forecast of Consolidated Financial Results for the Fiscal Year Ending March 31, 2017
(April 1, 2016 to March 31, 2017)
Net Sales

Operating income

Ordinary income

Million Yen% Million Yen% Million Yen
800,000
20,00022,000－－(Note) Amendment to forecasts of consolidated financial results recently announced: None

Full year1(% figures show year-on-year change)
Profit attributable toNet income per shareowners of parent% Million Yen%
Yen
15,000－－50.45

Quarterly Consolidated Financial Statemants(1) Quarterly Consolidated Balance Sheets(Million Yen)
As of September 30, 2016
ASSETS
Current assets
Cash and deposits
Notes and account receivable - trade
Securities
Merchandise and finished goods
Work in process
Raw materials and supplies
OtherAllowance for doubtful accounts
Total current assetsNon-current assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles, netTools, furniture & fixtures, netLand
Leased assets, netOthers, net
Total property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Investment securities
Net defined benefit assets
Other
Allowance for doubtful receivables
Total investments and other assets
Total non-current assets
Total Assets

41,91380,380
10,20053,326
1,764
17,5906,473(27)
211,62130,392
22,0691,188
26,0521,412
1,477
82,59326,3682,098
28,46628,245
1,620
7,789
(189)
37,466
148,526
360,1472

(Million Yen)
As of September 30, 2016
Liabilities
Current liabilities
Notes and accounts payable - trade
Short-term loans payable
Cullent portion of Long-term loans
Cullent portion of Bonds payable
Income taxes payable
Provision for bonuses
Other
Total current liabilities
Non-current liabilities
Long-term loans payable
Net defined benefit liability
Asset retirement obligation
Other
Total non-current liabilities
Total liabailities
Net assets
Shareholder's equity
Capital stock
Capital surplus
Retained earnings
Treasury stock
Total shareholder's equity
Other accumulated comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plan
Total accumulated other comprehensive income
Subscription rights to shares
Non-controlling interests
Total net assets
Total liabilities and net assets

63,368
14,5297,004
10,0002,194
4,156
22,055
123,308
26,314
806
1,104
4,913
33,138156,446

30,00098,00570,788(4)
198,789
4,656(887)(3,659)(2,097)(1,984)
220
6,674
203,700
360,1473

(2) Quarterly consolidated statements of income and comprehensive income(Consolidated statements of income)(April 1, 2016 – September 30, 2016)(Million Yen)
Six months ended
September 30, 2016
398,878
336,024
62,85452,341
10,512

Net sales
Cost of goods sold
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividend income
Rent income
Equity in earnings of affiliates
OtherTotal non-operating income
Non-operating expenses
Interest expenses
Rent on real estate
Organization expenses
Other
Total non-operating expenses
Ordinary Income
Extraordinary income
Gain on sales of investment securities
Other
Total extra-ordinary income
Extraordinary loss
Loss on retirement of non-current assets
Loss on sales of investment securities
OthersTotal extra-ordinary expenses
Net income before taxes
Income taxes-current
Income taxes-deferred
Total income taxes
Net income
Income attributable to non-controlling interests
Income attributable to owners of parent64159
240
1,428461
2,355
524
91
210
84
910
11,957
1,949
227
2,177
96
47
74
218
13,916
2,655
1,521
4,176
9,739
213
9,526

4

(Consolidated statements of income)(April 1, 2016 – September 30, 2016)

Net income
Other comprehensive income
Valuation difference on available-for- sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plan
Share of other comprehensive income of entities accounted forusing equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests

5(Million Yen)
Six months ended
September 30, 2016
9,739
(1,696)(156)(2,571)17(1,855)(6,263)
3,476
3,841
(365)

(3) Quarterly consolidated statements of Cash Flows(Million Yen)
Six months ended
September 30, 2016
Cash flows from operating activities
Income before income taxes
Depreciation
Amortization of goodwill
Interest and dividend income
Interest expenses
Equity in earnings of affiliates
Loss (Gain) on sales of investment securities
Decrease (increase) in notes and accounts receivable - trade
Decrease (increase) in inventories
Increase (decrease) in notes and accounts payable - trade
Increase (decrease) in notes and accounts payable
Increase (decrease) in consumption tax payable
Increase (decrease) in net defined benefit liability
Decrease (increase) in net defined benefit asset
Other
SubtotalInterest and dividend income received
Interest expenses paid
Income taxes paid
OtherNet cash provided by (used in) operating activities
Cash flows from investing activities
Purchase of property, plant and equipment
Purchase of intangible assets
Proceeds from sales of investment securities
Payments of loans receivable
Proceeds from loans receivable
Other
Net cash provided by (used in) investing activities
Cash flows from financing activities
Increase (decrease) in short-term loans payable
Proceeds from long-term loans payable
Repayment of long-term loans payable
Cash dividends paid
Other
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Net increase (decrease) in cash and cash equivalents
resulting from share transfer
Cash and cash equivalents at end of period

613,916
4,449
766
(224)
524
(1,428)(1,902)(3,050)(3,691)
3,436(1,447)(394)(1,250)
(849)
(131)
8,724
581
(524)
(3,366)94
5,510(5,268)
(283)
3,013
(318)
165
(186)
(2,877)
124
3,651
(441)
(2,495)
(359)
479
(34)
3,076
30,45918,06551,601