Consolidated Financial Results for the Third Quarter Ended December 31, 2019
[Japanese GAAP]
November 8, 2019
Stock Listing
TSECompany
Vision Inc.
Stock Code9416
URL
https://www.vision-net.co.jp/
Representative Kenichi Sano, President, Founder & CEO
Contact
Shinichi Nakamoto, Director & Managing Executive Officer
Scheduled date of filing of quarterly report: November 8, 2019
Scheduled starting date of dividend payment: －Quarterly supplementary financial document: Yes
Quarterly financial results briefing: NoneTEL +81-3-5325-0344(Round down to million yen)

1. Consolidated Financial Results for the Third Quarter Ended December 31, 2019
(January 1, 2019 through September 30, 2019)(1) Consolidated Operating Results (Cumulative)(% change from the previous corresponding period)
Net income attributable
Operating profit
Recurring profit
owners of parentSales

Million yen％

Million yen％

3Q FY2019
20,547
29.9
2,970
39.0
3,011
3Q FY2018
15,817
20.0
2,136
38.8
2,146(Note) Comprehensive profit;
3Q FY2019: 1,950 million yen ( 36.1% )3Q FY2018: 1,432 million yen ( 35.6% )Million yen

40.3
39.31,986
1,432

38.7
37.9

Net incomeper share
3Q FY2019
3Q FY2018(Note)

Million yen％％

Diluted net income
per shareYenYen

41.00
29.40

39.61
28.71

The Company conducted 3-for-1 stock splits on October 1, 2019, based on the resolution of the Board ofDirectors held on August 9, 2019. Net income per share and diluted net income per share were calculated
based on the assumption that these stock splits were conducted at the beginning of the previous
consolidated fiscal year.

(2) Consolidated Financial Position

Total assets
Million yen

3Q FY2019
FY2018(Reference) Shareholder’s equity;

Shareholder's equity
ratio

Net assets
Million yen

14,872
13,552As of Sep.30, 2019:
As of Dec.31, 2018:％

10,6409,803
10,619 million yen
9,781 million yen

71.4
72.2

2. Dividends
Annual dividend
End of 1Q

End of 2Q

Yen

End of 3Q

Yen

Year-end

Yen－－
FY20180.00－－
FY20190.00
FY2019 (Forecast)(Note) Revisions to dividend forecast during the most recent quarter

TotalYen

Yen

0.00

0.00

0.00
: None0.00

3. Forecast of Consolidated Financial Results for the Fiscal Year Ending December 2019
(January 1, 2019 through December 31, 2019)
Sales
FY2019(Note)(% change from the previous corresponding period)
Net incomeNet income
Recurring profit
attributableper shareowners of parent

Operating profit

Million yen％

Million yen％

Million yen％

Million yen％

Yen

25,793

19.9

3,264

31.4

3,248

29.9

2,116

38.4

44.11

Revisions to financial forecast during the most recent quarter―1―: None

The Company conducted 3-for-1 stock splits on October 1, 2019, based on the resolution of the Board ofDirectors held on August 9, 2019. “Net income per share” of Forecast of Consolidated Financial Results wascalculated based on the number of shares issued (excl. Treasury stock) after the stock splits.

* Notes(1) Changes in significant subsidiaries during the period: None
(Changes in specified subsidiaries accompanying changes in the scope of consolidation)(2) Application of accounting procedures specific to preparation of the quarterly financial statements:
None(3) Changes in accounting policies, accounting estimates and restatement① Changes in accounting policies associated with revision of accounting standards: None

② Changes in accounting policies other than ①: None

③ Changes in accounting estimates: None④ Restatement: None

(4) Shares issued (common stock)① Shares issued as of term-end (incl. Treasury stock)

3Q FY201949,027,200

FY201848,987,000② Treasury stock as of term-end

3Q FY2019

1,039,044

FY2018308,544③ Average number of shares outstanding

3Q FY201948,459,528

3Q FY2018(Note)

48,723,199

The Company conducted 3-for-1 stock splits on October 1, 2019, based on the resolution of the Board ofDirectors held on August 9, 2019. The number of shares issued was calculated based on the assumptionthat these stock splits were conducted at the beginning of the previous consolidated fiscal year.

* Quarterly financial summary is not subject to the quarterly review procedures by certified public
accountants or audit firm.
* Explanation for appropriate use of forecasts and other notes
The forward-looking statements such as operational forecasts contained in this statements summary are based
in information currently available to the Company and certain assumptions which are regarded as legitimate.
Actual results may differ from such forward-looking statements for a variety of reasons.

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