Business
Report 2018
April 1, 2017 to March 31, 2018

To Our Stakeholders

I would like to start by thanking you for yourexceptional support as always.
I am sure you already know this, but Makoto Maki,
Chairman and Representative Director of this company,
passed away on April 3, 2018. I would like to once
again here express my deep and sincere gratitude foryour kindness to him while he was alive.
I am still now feeling despair at his passing, but I
have taken over the Melco Value with the dying wish
and management philosophy of Makoto Maki – thefounder of the Melco Group and my father. I intend to

Hiroyuki Maki

devote my efforts to developing the company’s

President and CEO

business as President and CEO.

MELCO HOLDINGS INC.

I respectfully ask for your understanding andcontinued support in the future.
Finally, although informal, I want to give mygreetings with these words.
June 2018

Melco Values
A Lasting Company

Rapid Response to Change

We earnestly study and put into practice the teachings of ourpredecessors, and continually look to the future with the aimof achieving the perpetual growth of the Melco Group
together with all those who share the Melco Values.

We never shy away from the changes happening in the world
around us and we have the courage to change direction when
we make mistakes. We always strive to improve ourselves andwork hard toward personal transformation.

Customer Oriented

Solidarity

We always look at things from the perspective of ourcustomers to continue to provide products and services thatplay a part in the realization of even richer lives. We takepleasure in contributing to the development of society
through our wisdom and hard work.

We share high aspirations and passion with a fair and open
spirit. At the same time, we overcome any difficulties weencounter to achieve our goals by coming together as one.

01 Business Report 2018

Policy

We are continuing to develop
profit-orientated business for all the stakeholders
who share our philosophy.
Building a solid management basewith the aim of permanent growth
The Melco Group established “Gateway 2.0” as our
mid-term vision from the fiscal year ending March 31,
2017. We have been working on business activities
with a focus on the Internet of Things (IoT) that isproceeding at full tilt. However, the environment
surrounding peripheral equipment is changing at
speed greater than expected due to rapid exchange
fluctuations and the impact of domestic/external
demand. Building a solid management base is a key
management challenge for the Melco Group that isaiming to be “a lasting company” in such a situation.
Under such circumstances, we turned Shimadaya
Corporation, which manufactures and sells noodles,
into our wholly owned subsidiary in April 2018. We
have been providing technology under the aim ofcommercializing the promotion of food safety forsome time. And this has become a large tree
following on from Buffalo Inc. for the Melco Group
that aims to manage our corporate group with strong
subsidiaries. Therefore, we believe the company willcontribute to the permanent development of ourgroup.
We are aiming to strengthen our management
structure and improve our corporate value to lead tocontinued joy among all our customers and otherstakeholders in the future.

Strengthening the creation of a
profit structure not affected by sales
growthIn the digital consumer electronics industry in thisfiscal year, although the smartphone market has beenstrong, the flat-screen television market has beensluggish. In addition, it is possible to feel that the PC
market has bottomed out with the increase inproducts for corporations due to demand from theend of basic software support and maintenance.
Against this backdrop, the Melco Group has
suffered a decrease in sales over the Peripheral
Equipment Operations as a whole. However, we haveforged ahead with improvements to our constitution
to produce profit steadily. We have focused ourefforts on strengthening profitability in the consumer
market while striving to enhance relations with ourpartners who have educational and tourist related
strengths in the corporate market with the aim ofincreasing sales. We have strived to increase thenumber of “Apartment Wi-Fi*” Internet service forrental apartment buildings. As a result, this increased
by 89% compared to the previous fiscal year.
Furthermore, our “Buffalo Regular Data Recovery
Service” Started in May 2017 has had a large
response and has been steadily expanding.
As a result, sales were 72,319 million yen (down
3.0% year on year), operating profit was 5,319
million yen (down 4.6% year on year), ordinary profit
was 6,359 million yen (down 2.5% year on year) andnet income attributable to parent company
shareholders was 5,164 million yen (up 17.6% year
on year) in our results in the fiscal year under review.
*Wi-Fi is the registered trademark of Wi-Fi AllianceBusiness Report 201802

Policy

Consolidated Net Sales(Unit: million yen)
101,185

Our group has come together as
one under our new three-businessstructure to solve problems
The Melco Group has changed the name of our
Peripheral Equipment Operations to IT-related
Business from the fiscal year ending March 31, 2019
in consideration of the current situation in ourcompany which is developing business not limited toperipheral equipment. Moreover, we have formed athree-business structure of IT-related Business, theFood Business and the Financial Business by adding
Shimadaya Corporation to our group as mentioned
previously. We will continue to work on solving
various problems by effectively utilizing these assets ofour group from a company-wide standpoint.
Furthermore, we will continue to proceed with areduction in loss costs and the expansion andstreamlining of our service bases by focusing on
expansion of our “Apartment Wi-Fi” and “Buffalo
Regular Data Recovery Service” to further strengthen
our profit structure in the future. In addition, we arealso proactively involved in M&As to expand ourbusiness.
The Melco Group will continue to push forward,
aiming for permanent growth as a lasting company inthe future.

March
2014

82,55480,040

March

March

2015

2016

74,55872,319

March

March

2017

2018

Consolidated Ordinary Income(Unit: million yen)

Consolidated Ordinary Income Margin(Unit: %)
6,520

3,587

4,471

5,294
6.6

6,359
8.8

8.7

5.4

3.5

March
2014

March
2015

March
2016

March
2017

March
2018

Net Income Attributable toParent Company Shareholders(Unit: million yen)

Consolidated Net Income Margin(Unit: %)
5,164
4,389
3,166
2,116

3,735

7.1

5.9

4.7

3.8

2.1

March
2014

March
2015

March
2016

March
2017

March
2018

Net Income per Share(Unit: yen)284.36229.88142.57171.93

95.29

March
2014

03 Business Report 2018

March
2015

March
2016

March
2017

March
2018

Mid-term Vision “Gateway 2.0”
Providing a safe networkin the whole society for the IoT era

Home
network
innovations

Eliminating the trouble of“not connected,”“troublesome to connect”
and “scary to connect”
to Wi-Fi in public spaces

Eliminating the trouble of“not connected,”“cannot be connected”and“no longer connected” ofhome Wi-Fi

IoT(Internet of Things)
The era in which various thingsin the world are connectedto the Internet

PublicgatewaysolutionsDatastorage
optimization

Eliminating the trouble of“lost,” “loss fears,”“cannot be reproduced”and“can be used but only slowly” ofimportant data

Business Report 201804

Business Segment

We support the lifestyles andbusinesses of our customers by making things
more user-friendly and comfortable.
Peripheral Equipment Operations
Peripheral Equipment Field
Network Products

Storage Products

Our network products make it possible to access the

Our storage products can store large amounts of data.

Internet and share data via PCs, smartphones andWe provide products that achieve high reliability andother devices. Wi-Fi environments are becoming theperformance. These include external hard disks

norm in school classrooms, tourist destinations andequipped with highly reliable hard disks designed to beother locations. Against this background, we

suitable for TV recording and NAS for corporate users

strengthen the development of products to achieveequipped with a function to enable network

stability in communications and to provide comfortable

monitoring from remote areas.

Wi-Fi environments.

Wi-Fi router

Access point
for corporate users

External hard disk

NAS for
corporate users

Other Products
We provide various groups of products with PC
technology applied. These include mice, keyboards andother input devices, “Kurouto Shikou,” a PC

Digital music librarycomponent brand that is popular among users whobuild their own PCs, “Omoidebako,” a digital photo
album that allows users to digitally view their photos,
and our digital music library dedicated to the storageof high-resolution audio.

05 Business Report 2018

Omoidebako

NEO FIT MouseBCN AWARD 2018
(January to December 2017)

Winner in

12 Categories

These prizes are awarded based on actual
aggregate sales at major electrical appliancestores across Japan.
Wireless LAN
Category

NAS
Category

16th consecutive year
16th win

5th consecutive year
5th win

External HDD
Category

RouterCategory

10th consecutive year
15th win

15th consecutive year
16th win

Hub
Category

LAN Card
Category

17th consecutive year
18th win

19th consecutive year
19th win

Service Field
We have developed various services for individuals, corporations andapartment building owners. We are expanding and enhancing support tomeet the needs of our users – from on-site configuration to maintenanceservices. “Apartment Wi-Fi,” an internet service for rental apartments,
offers total support – from re-installation checks through to maintenance.
Furthermore, we are also striving to expand new services and service
bases of our company. For example, we started the NAS/monitoring
camera rental service “BITS Rental” for short-term use in construction
sites and similar locations.
Moreover, we have entered into the storage product data recovery
service business. We provide a service to recover data that can no longer
be accessed due to hard disk trouble with reasonable pricing compared
to products from other firms in addition to Buffalo products. We offer
solutions supported with a one-stop service for data recovery, erasureand disposal after sale with Buffalo personally providing a service todevelop, manufacture and sell storage products.

Memory Category

9th consecutive year / 17th win*1
Expansion Interface Category

15th consecutive year / 15th win*2

Buffalo Regular
Data Recovery Service

Apartment Wi-Fi

Have you lost your HDD data?
Try our data recovery service
before giving up!

PC Power Unit Category

7th consecutive year / 7th win
Drive Casing Category

8th consecutive year / 10th win
Graphics Board Category

15th consecutive year / 15th win
Game Controller Category

2nd consecutive year / 2nd win

Financial Business*1: This is as the Melco Group. We have won this award
seven years in a row for a total of seven times as CFD sales.
*2: This is as the Melco Group. We have won this award
nine years in a row for a total of nine times as CFD sales.

Our Financial Business has been performing steadily in theinvestment management and financial instrument intermediaryservices against a backdrop of favorable market conditions.

Business Report 201806

Business Overview

Consolidated
Net Sales

Consolidated
Operating Proit

Net Income
per Share(Unit: million yen)

(Unit: million yen)

(Unit: yen)

Finance
Peripherals

101,185
82,55480,04074,558
5,573

72,319

5,319

4,354
3,512
284.362,811
229.88171.93142.57
95.29
March 2014

March 2015

March 2016

March 2017

March 2018

Finance

−

1,142

1,550

1,547

2,107

Peripherals

101,185

81,41278,48873,00970,21007 Business Report 2018

Consolidated Net Sales by Segment / Segment Income
Peripherals(Unit: million yen)

73,009Net Sales

4,673

70,210Net Sales

97.1%(Unit: million yen)

4,314

Segment Income

70,2103.8%

million yen

decreaseyear on year

March
2017

March
2018

4,314
7.7%

million yen

decreaseyear on year

March
2017

March
2018

In the Peripheral Equipment Operations, although we generally held on to our position in the market forindividual users in Japan, the number of units we sold declined. This was due to a contraction of theperipheral equipment market and the impact of sales price optimization. On the other hand, we focused
our efforts on strengthening relations with our partners in the market for corporate users. As a result,sales increased compared to the previous year. Furthermore, the cumulative total number of buildingsthat have introduced “Apartment Wi-Fi” exceeded 35,000. We also received an effect from expanding
the targets of our “Buffalo Regular Data Recovery Service” that we started in May 2017 to the productsof other firms. The cumulative total number of times this service has been used exceeds 6,000, so there
has been a good response.
Nevertheless, the impact from the decline in the number of units we sold was significant. Therefore,sales were 70,210 million yen (down 3.8% year on year) and segment income was 4,314 million yen(down 7.7% year on year).

Finance(Unit: million yen)

(Unit: million yen)

1,091

2,107
Net Sales
Net Sales

2.9%

Segment Income

1,547

2,107
36.2%

million yen

increaseyear on year

March
2017

March
2018

1,091
35.3%

806

million yen

increaseyear on year

March
2017

March
2018

In the Financial Business, sales were strong against a background of favorable market conditions. Sales
were 2,107 million yen (up 36.2% year on year) and segment income was 1,091 million yen (up 35.3%
year on year).

Business Report 201808

Special Feature

Products DNA

Protecting valuable datawith a new concept ofpredicting failures

Giving off a presencewith Wi-Fi routers that enchantMimamori Aizu

Tri-band Wi-Fi Router

Takahito Ono and Takahiro Watanabe,
Data Storage Solutions Business Unit

Naoki Soejima, Broadband Solutions Business Unit andYoshinori Morita, Design Department

Hard disk
capacities arecontinuing toincrease to 2TB
and 3TB every
year. However,
hard disks areproducts with alife that depends on the deterioration of theirparts. There is also a high possibility of failure
before completely using the full capacity withsuch large capacities. We have developed the“Mimamori Aizu” failure prediction service
according to this situation. The cloud diagnoses
the situation of hard disks just by starting up
the software. Users are led to the appropriate
support when there is a high level ofdeterioration. In addition, this is not a tool toencourage the purchase of replacement harddisks; rather, we basically provide it free ofcharge so that it can be used by many people
to promote the habit of making backups. The
stance in our desire to protect the irreplaceable
data of our customers somehow can also becalled the DNA of Buffalo. “Mimamori Aizu” isa completely new service without precedent.
And, we are proud to have come up with anextremely “Buffalo-like” service in the end forour customers.

The number of communication devices
connected wirelessly (e.g., smartphones) in thehome is increasing and the amount of content
has also augmented. This means that there is anincreasing need for “tri-band” using three radio
waves. Moreover, Wi-Fi routers have had ahidden presence
until now, andthere was a
possibility that radio
waves may havebeen shielded. Thishas meant that thebest performancehas been difficult to demonstrate. This productcaptures tri-band demand while adopting aharmonious design even in the living room sothat it can be used under favorable conditions inwhich radio waves are not shielded. This gives
off a presence as “enchanting consumer
electronics” and achieves a comfortablecommunications environment. In addition, we
have improved the communication speed toapproximately 1.5 times that of the conventional
rate by installing a directional antenna. It isprecisely because wireless LAN is indispensable
to our daily lives that we need a product closer
to many people. We have completed a productsuitable for the times by embodying this idea.

WTR-M2133HP

09 Business Report 2018−

Genealogy ーHigh-end mousethat has a feeling of the futurewith no restrictions on the user

Evolving customer support
according to the market needs

NEO FIT

Customer Support

Kimiaki Takemoto and Kohei Fukatsu,
Supply Business Unit

Toyoaki Shimada, Mari Ogami, Tomomi Terasawa and Misato Nakai,
Customer Support Department

It is generally said
that there arethree ways ofholding a mouse.
Most ergonomic
shape-orientatedmice arecompatible only with the “covering grip.”
We arrived at a shape called the “3WAYHold” to solve this. This is a mouse that iscompatible with the three ways of holding
mice and it fits everybody. Furthermore, wehave enhanced its functions to improve
work efficiency. We have made it possible toallot any shortcut key to the side and wheel
buttons. We have also equipped it with abutton that can switch the cursor speedwith one action. We aimed for a design thathas an appearance with high quality that is
accepted by core users under the concept ofa “feeling of the future.” “NEO FIT”
thoroughly pursues the ability for anyone tobe able to use it comfortably. This is a
product that has inherited the DNA of
Buffalo of developing products with a highlevel of satisfaction for even more people.

The smartphone usage rate has continued toincrease in recent years. We have looked tostrengthen our support structure by optimizing
support videos from before for smartphones inline with the needs of the market today.
Moreover, we have affixed QR codes to
product manuals that quickly lead users to
Q&As. In addition, we uploaded video Q&As on
the web manuals and have also adopted amechanism in which it is possible to avoid likely
pitfalls in advance. Supports focus on even thefinest details fromthe user’s
perspective
obtained many
results offered at alow cost. Suchefforts have been
From the left: Tomomi Terasawa,
Toyoaki Shimada (Department Manager),acknowledged,
Mari Ogami and Misato Nakai
and we won the“Best Technology
Award” at the “Center of Excellence 2017” forthe second time following on from FY2015.
Customer support is an important part ofdifferentiating ourselves from other companies.
We will continue to pursue support that is truly
helpful for our customers by refining our ideas
in the future.

BSMBW510MB

Business Report 201810

Financial Statements

Consolidated Balance Sheet
Item

Fiscal Year Ended
March 31, 2018

(Unit: million yen)

Fiscal Year Ended
March 31, 2017

POINT
❶ Assets❶ Assets

Total assets for the fiscal year ending March 31,

Current assets

57,09658,712

Fixed assets

8,725

8,468

Tangible fixed assets

928

871

Intangible fixed assets

861

1,271

6,935

6,325

65,822

67,181

Current liabilities

18,503

21,312

million yen – an increase of 257 million yen. ThisLong term liabilities

2,127

2,512

change was mainly due to a 629 million yen

Total liabilities

20,63023,824

Investments, etc.
Total assets❷ Liabilities

Retained earnings
Treasury stock
Total shareholders’ equity

previous consolidated fiscal year. Current assets
totaled 57,096 million yen – a decrease of 1,615
million yen. This change was mainly due to a
250 million yen decrease in cash and deposits, a
631 million yen decrease in notes and accounts
receivable, and an 892 million yen decrease inincrease in investment securities and a 410
million yen decrease in intangible fixed assets.

❷ Liabilities

Shareholders’ equity

Capital surplus

1,358 million yen compared to the end of thegoods and products. Fixed assets totaled 8,725❸ Net assets
Capital2018 were 65,822 million yen – a decrease of

Total liabilities for the fiscal year ending March

1,000

1,000

902

902

of 3,193 million yen compared to the end of

53,84149,595the previous consolidated fiscal year. Current△10,791△8,18444,95243,31231, 2018 were 20,630 million yen – a decrease

liabilities were 18,503 million yen – a decreaseof 2,808 million yen. This change was mainly
due to a 2,678 million yen decrease in notes
and accounts payable and a 109 million yen

Accumulated othercomprehensive income

decrease in electronically recorded money
obligations. Long term liabilities totaled 2,127

Net unrealized gains(losses) on other securities

445

245

million yen – a decrease of 385 million yen.

Deferred gains orlosses on hedges

△27

△26

❸ Net Assets

Foreign currencytranslation adjustments

△98

△92

Remeasurements ofdefined benefit plans

△79

△83

Total accumulated othercomprehensive income

239

43

Total net assets

45,191

43,356

Total liabilities andnet assets

65,822

67,181

11 Business Report 2018

Total net assets for the fiscal year ending March
31, 2018 were 45,191 million yen – an increaseof 1,835 million yen compared to the end of theprevious consolidated fiscal year. This change
was mainly due to the acquisition of net income
attributable to parent company shareholders of
5,164 million yen, dividend payments of 918
million yen and the acquisition of 2,606 million
yen in treasury stock.

Consolidated Income Statement (Unit: million yen)
Fiscal Year
From April 1, 2017
to March 31, 2018

Fiscal Year
From April 1, 2016
to March 31, 2017

Net sales

72,31974,558

Cost of sales

53,09956,203

Selling, general andadministrative expenses

13,90012,781

Operating income

5,319

5,573

Non-operating income

1,066

1,172

27

225

6,359

6,520

Extraordinary income

10Extraordinary loss

828

Net income before
taxes and otheradjustments

6,352

6,491

Income, resident andenterprise taxes

1,392

2,116

Income taxes –deferred

△204

△15

Net income
attributable to parent
company shareholders

5,164

4,389

Item

Non-operating expenses
Ordinary income

Consolidated Cash Flow Statement(Unit: million yen)
Fiscal Year
From April 1, 2017
to March 31, 2018

Fiscal Year
From April 1, 2016
to March 31, 2017

Cash flows fromoperating activities

4,090

6,487

Cash flows frominvesting activities△733△1,151

Cash flows fromfinancing activities△3,579△5,401

Effect of exchange ratechanges on cash andcash equivalents

△28

△4

Net increase (decrease)in cash and cash
equivalents

△250

△69

Cash and cash
equivalents at the
beginning of the period

4,595

4,664

Cash and cash
equivalents at the endof the period

4,344

4,595

Item

Total Assets(Unit: million yen)

Capital to Asset Ratio

For detailed information:(Unit: %)69,01564,982

67,181

67.4

65.7

65,822
68.7

64.5

MELCO HOLDINGS IR

Searchmelco-hd.jp/ir/top

March
2015

March
2016

March
2017

March
2018

Business Report 201812

Company Information(Current as of March 31, 2018)Japan
MELCO HOLDINGS INC.
Company
Name

Melco Holdings Inc.

Board Members

Date of
Incorporation

July 1, 1986

President and CEO

Director

Hiroyuki Maki

Iwao Tsusaka

Executive Vice President

Director

Tamio Matsuo

Hiroyuki Minoura

Senior Managing Director

Full-time Corporate Auditor

Kuniaki Saiki

Masanao Tsuzuki

Director

Auditor

Takehiko Inoue

Akio Oguri

Director

Auditor

Norio KinoshitaKazuo Ueda

Capital Stock

1,000 million yen

Business
Activities

Pure holding company of Melco Group
Melco Holdings Inc. is a pure holding company that holds
the shares of the group’s operating companies. Governs
the operating companies in our group by providing
support for business activities and offering managerial
guidance.

Number of
Employees

Non-consolidated: 27
Melco Group consolidated: 851

Number ofGroup
Companies

17 (10 in Japan; 7 overseas)(Current as of June 15, 2018)

BUFFALO INC.
Company
Name

Buffalo Inc.

Board Members

Date ofFoundation

May 1, 1975

President and CEO

Director

Hiroyuki Maki

Masaya Ishimaru

Executive Vice President

Director

Tamio Matsuo

Manabu Yano

Managing Director

Director

Taiji Watanabe

Daisuke MakiManaging Director

AuditorShingo Tanaka

Takeyasu Oshima

Managing Director

AuditorManabu Wada

Haruyuki Takefuji

Date of
Incorporation

August 5, 1978

Capital Stock

320 million yen

Business
Activities
Number of
Employees

Development, manufacture and sale of digital home
appliances and PC peripherals Data recovery service
503(Current as of June 15, 2018)

Director

Ryousuke Yoshizaki

Business Locations
Headquarters

Akamon-dori Bldg., 3-30-20 Ohsu, Naka-ku, Nagoya, 460-8315, Japan

TEL.052-249-6610

FAX.052-249-6609

Tokyo Branch Office

Kayabacho Tower, 1-21-2 Shinkawa, Chuo-ku, Tokyo, 104-0033, Japan

TEL.03-3523-3333

FAX.03-3523-3300

Hokkaido Sales Office

Sumitomo Seimei Sapporo Chuo Bldg., 1-1-14 Minaminijohigashi, Chuo-ku, Sapporo,
060-0052, Japan

TEL.011-200-8150

FAX.011-200-8151

Tohoku Sales Office

Sankyo Sendai Higashi Bldg., 5-1-35 Tsutsujigaoka, Miyagino-ku, Sendai, 983-0852, Japan

TEL.022-291-0311

FAX.022-298-9470

Kanto Sales Office

FSK Bldg., 4-1 Shintoshin, Chuo-ku, Saitama-shi, Saitama, 330-0081, Japan

TEL.050-5830-8929

FAX.048-858-8087

Kanto Sales OfficeShin

Shin-Yokohama Dai-ni Center Bldg., 3-19-5 Shin-Yokohama, Kouhoku-ku, Yokohama-shi,
Kanagawa, 222-0033, Japan

TEL.050-5830-8931

FAX.045-476-5660-Yokohama Office

Chubu Sales Office

Akamon-dori Bldg., 3-30-20 Ohsu, Naka-ku, Nagoya, 460-8315, Japan

TEL.052-249-6600

FAX.052-249-6601

Chubu Sales Office

Eki-Nishi First Bldg., 1-1-10 Hirooka, Kanazawa-shi, Ishikawa, 920-0031, Japan

TEL.050-5830-8927

FAX.076-222-2282

Kansai Sales Office

Sumitomo Seimei Shin-Osaka Kita Bldg., 4-1-14 Miyahara, Yodogawa-ku, Osaka, 532-0003,
Japan

TEL.050-5533-1250

FAX.06-6398-5755

Chu-Shikoku Sales Office

Hiroshima Intes, 10-10 Hashimoto-cho, Naka-ku, Hiroshima, 730-0015, Japan

TEL.050-5830-8888

FAX.082-221-8612

Kyushu Sales Office

Yaoji Center Bldg., 4-9-2 Hakataekimae, Hakata-ku, Fukuoka, 812-0011, Japan

TEL.092-477-3711

FAX.092-477-3755-Kanazawa Office

13 Business Report 2018

Stock Information(Current as of March 31, 2018)

CFD SALES INC.
Development, manufacture and sale of personal
computer parts and peripheral equipment

BIOS CORPORATION
Development, manufacture and sale of storagerelated products

MELCO SYNCRETS INC.
Development and sale of audio equipment andrelated products

BUFFALO IT SOLUTIONS INC.
Network infrastructure construction andmaintenance services

Advanced Design Corp.
Data recovery/erasure/conversion services andmanufacture and sale of data erasure products

Stock
Number of Shares
Outstanding

22,237,873(including treasury stocks 4,391,462)

Number of
Shareholders

4,812

Major Shareholders (Top 10)
Shareholder NameMELCO INVESTMENTS INC.
Investment management and financial instrument
intermediary services

Overseas<USA> BUFFALO AMERICAS, INC.
Sale of network-related equipment and PC
peripherals<Europe> BUFFALO EU B.V.
Sale of network-related equipment and PC
peripherals<Taiwan> BUFFALO TECHNOLOGY (TAIWAN) INC.
Procurement and management of the product<Singapore> MELCO CAPITAL PTE. LTD.
Investment management

Shareholding
Ratio(1,000 Shares)

(%)

8,485

45.6

Makoto Maki

630

3.4

Hiroyuki Maki

617

3.3

Daisuke Maki

617

3.3

The Bank of Nagoya, Ltd.

501

2.7

The Melco Foundation

500

2.7

The Master Trust Bank of Japan,
Ltd. (trust account)

265

1.4

JP MORGAN CHASE BANK
380621259

1.4

GOVERNMENT OF NORWAY

239

1.3

STATE STREET BANK AND TRUSTCOMPANY

237

1.3

Makis Inc.

MELCO FINANCIAL HOLDINGS INC.
Overall management of financial business within the
Melco Group

Number of
Shares Held

Notes:
1. The number of shares held has been rounded down to the nearest one thousand.
2. ‌The shareholding ratio calculation does not include treasury stock and this has beenrounded off to the first decimal place.

Shareholding Distribution byType of Shareholder (Unit: thousand shares)
Treasury stock
4,391（19.7％）

Individuals
and others
3,916（17.6％）
Foreigncorporations
2,670（12.0％）

Financial institutions
1,970（8.8％）

Number of
SharesOutstanding
22,237

Financial instruments
business operators
132（0.5％）
Other Japanese
corporations
9,155（41.1％）

Notes:
1. The number of shares held has been rounded down to the nearest one thousand.
2. The composition ratio has been rounded off to the first decimal place.

Business Report 201814

Website Guide

Shareholder Notes

MELCO HOLDINGS INC.

Fiscal year-end:

March 31

Ordinary general meetingof shareholders:June

Dates to determine stock
ownership:

For shareholders with voting rights: March 31

Provides the latest news, corporate information,
information for investors and other data.

For shareholders eligible for year-end dividends:
March 31
For shareholders eligible for interim dividends:
September 30
Stock listings:

First section of the Tokyo Stock Exchange andNagoya Stock Exchange

Securities code:

6676

Number of shares per
trading unit:

100 shares

Method of public notice:

Posted electronically on
http://melco-hd.jp/koukoku/

BUFFALO INC.

Stock agencies:

Sumitomo Mitsui Trust Bank, Limited

Product information and other data is provided on
the site of the core company in the Melco Group.

Contact Information:

Sumitomo Mitsui Trust Bank, Limited., Stock
Transfer Agency Business Planning Dept.
2-8-4 Izumi, Suginami-ku, TokyoPC

melco-hd.jp• Telephone Inquiries
0120-782-031 (Toll free)
9:00 to 17:00 (Except on Saturdays, Sundays
and public holidays)
Managing underwriter(Main) Daiwa Securities(Secondary) Nomura Securities,
Mizuho Investors Securities and
SMBC Nikko Securities

PCbuffalo.jp(Securities code: 6676)

Tokyo Headquarters:

Kayabacho Tower, 1-21-2 Shinkawa, Chuo-ku,
Tokyo, 104-0033, Japan

Nagoya Headquarters:

Akamon-dori Bldg., 3-30-20 Ohsu, Naka-ku,
Nagoya, 460-8315, Japan
TEL: 81-52-251-6891 FAX: 81-52-249-6609
Smartphone

Headquarters:

Akamon-dori Bldg., 3-30-20 Ohsu, Naka-ku,
Nagoya, 460-8315, Japan
TEL: 81-52-249-6610 FAX: 81-52-249-6609

Tokyo Branch Office

Kayabacho Tower, 1-21-2 Shinkawa, Chuo-ku,
Tokyo, 104-0033, Japan
TEL: 81-3-3523-3333 FAX: 81-3-3523-3300

m.buffalo.jp