Summary of Consolidated Financial Results
for the Nine Months Ended November 30, 2017(Q3 FY2018)(Based on Japanese GAAP)
January 10, 2018
Company name:
ABC-MART, INC.
Stock exchange listing: Tokyo
Stock code:
2670
URL http://www.abc-mart.co.jp/ir/
Representative:
President and Representative Director
Minoru Noguchi
Inquiries:
Director, Corporate Planning Office Manager Jo Kojima
TEL 03-3476-5452
Scheduled date to file Quarterly Securities Report:
January 11, 2018
Scheduled date to commence dividend payments:–Preparation of supplementary material on quarterly financial results: Yes
Holding of quarterly financial results meeting:Yes(for institutional investors and analysts)(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the nine months ended November 30, 2017 (from March 1, 2017 to November 30, 2017)(1) Consolidated operating results (cumulative)
Percentages indicate year-on-year changes
Profit attributable toNet sales
Operating income
Ordinary income
owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
Nine months ended November 30, 2017
188,637
5.4
32,7042.133,559
2.6
22,2290.3
Nine months ended November 30, 2016
178,933
0.8
32,044(2.3)
32,721(2.0)
22,155
9.3(Note) Comprehensive income:Nine months ended November 2017 22,542 million yen (36.8%) Nine months ended November 2016 16,481 million yen (△8.2%)
Earnings per share

Diluted earnings per shareYen
269.34268.45

Nine months ended November 30, 2017
Nine months ended November 30, 2016

Yen––(2) Consolidated financial position
Total assets
As of November 30, 2017
As of February 28, 2017
(Reference) Shareholders’ Equity:
As of November 30, 2017
2. Cash dividends

Net assets

Millions of yen
271,121
253,916
231,986 million yen

Equity ratio

Net assets per share

Millions of yen
232,719
220,080%
85.6
86.4

As of February 28, 2017

219,474 million yen

Yen2,810.86
2,659.27

Annual dividends per share

Year ended February 28, 2017
Year ending February 28, 2018

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen
––

Yen
60.00
60.00

Yen––

Yen
60.00

Yen
120.0060.00

120.00Year ending February 28, 2018 (Forecast)(None) Revisions to dividend forecasts published most recently: NoTotal

3. Forecast of consolidated financial results for the year ending February 28, 2018 (from March 1, 2017 to February 28, 2018)
Percentages indicate year-on-year changes
Profit attributable toNet sales
Operating income
Ordinary income
Earnings per shareowners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%Yen
Full year
252,200
5.5
42,5001.5
43,5001.5
28,7301.3348.11(None) Revisions to financial forecasts published most recently: No1

4. Notes(1) Changes in significant subsidiaries during the nine months ended November 30, 2017(changes in specified subsidiaries resulting in the change in scope of consolidation):(2) Application of special accounting methods for preparing quarterly consolidated financial statements:NoYes(3) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements
No
Changes in accounting policies due to revisions to accounting standards and other regulations:
Changes in accounting policies due to other reasons:No
Changes in accounting estimates:
NoRestatement of prior period financial statements:
No(4) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of November 30, 201782,532,416 shares As of February 28, 201782,532,416 shares

Number of treasury shares at the end of the period
As of November 30, 2017393 shares As of February 28, 2017393 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Nine months ended November 30, 201782,532,023 shares Nine months ended November 30, 2016

82,532,023 shares

THIS QUARTERLY CONSOLIDATED FINANCIAL RESULTS STATEMENT IS EXEMPT FROM THE QUARTERLY REVIEWPROCEDURES.
FORWARD LOOKING STATEMENTS AND OTHER SPECIAL ITEMSThe forecast for the year ending February 28, 2018 is based on ABC-MART, INC.'s hypotheses, plans and estimates at the date of publication. It is possible thatsome uncertain factors will cause the Company's future performance to differ significantly from the contents of forecast.

2

Quarterly consolidated financial statements
Consolidated balance sheets(Millions of yen)
As of February 28, 2017
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Inventories
Deferred tax assets
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation
Buildings and structures, net
Tools, furniture and fixtures
Accumulated depreciation
Tools, furniture and fixtures, net
LandConstruction in progress
Other
Accumulated depreciation
Other, net
Total property, plant and equipment
Intangible assets
Trademark rightGoodwill
Other
Total intangible assets

As of November 30, 2017

117,261
8,333
54,315
1,759
5,510
(22)

114,017
11,471
66,419
1,292
6,626
(18)

187,158

199,808

27,101(14,214)28,413(14,662)

12,886

13,75010,301

11,822(7,125)(7,572)

3,175

4,249

12,157
139
453
(382)

13,943
574
463
(388)

7075

28,42932,593

2,462
5,129
1,853

2,093
4,315
1,949

9,445

8,358

Investments and other assets
Investment securities
Shares of subsidiaries and associates
Long-term loans receivable
Lease and guarantee deposits
Net defined benefit asset
Other
Allowance for doubtful accounts

53
2,647
2,119
22,697
26
1,354
(17)

51
2,647
2,015
24,076–1,587(17)

Total investments and other assets

28,88230,36066,75771,313

253,916

271,121

Total non-current assets
Total assets3

(Millions of yen)
As of February 28, 2017
Liabilities
Current liabilities
Notes and accounts payable - trade
Short-term loans payable
Income taxes payable
Provision for bonuses
Provision
Asset retirement obligations
Notes payable - facilities
Other

As of November 30, 2017

11,811
1,574
7,815
881
363
101,019
7,400

16,837
3,464
4,588
1,585
349
20
1,010
8,044

Total current liabilities

30,87535,901

Non-current liabilities
Net defined benefit liability
Asset retirement obligations
Other741
331
1,886

767
367
1,365

2,959

2,500

Total liabilities

Total non-current liabilities

33,83538,401

Net assets
Shareholders' equity
Capital stock
Capital surplus
Retained earnings
Treasury shares

19,972
23,979166,637(2)

19,972
23,979178,962(2)

210,588

222,913

Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment

88,877129,060

Total accumulated other comprehensive income

8,886

9,072

Total shareholders' equity

Non-controlling interests
Total net assets
Total liabilities and net assets

4606

733

220,080

232,719

253,916

271,121

Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)
Consolidated statements of income (cumulative)(Millions of yen)
Nine months ended
November 30, 2016

Nine months ended
November 30, 2017

Net sales
Cost of sales

178,933
81,791

188,637
87,178Gross profit

97,141

101,458

Selling, general and administrative expenses
Packing and transportation expenses
Advertising expenses
Warehousing expenses
Directors' compensations, salaries and allowances
Bonuses
Provision for bonuses
Retirement benefit expenses
Legal and employee benefits expenses
Rents

2,106
5,346
1,927
17,866
362
1,507
304
2,477
18,642

2,291
5,146
2,145
18,416
371
1,583
322
2,653
19,888Depreciation
Utilities expenses
Commission fee
Taxes and dues
Amortization of goodwill
Other

3,032
1,581
3,654
762
632
4,891

3,121
1,607
3,987
1,261
645
5,310

Total selling, general and administrative expenses

65,09768,753Operating income

32,04432,704Non-operating income
Interest income
Foreign exchange gains
Rent Income for house
Advertising medium income
Other

97
24
560
37
183

100
65
809
34227

Total non-operating income

903

1,236

6141
77

8344
29

226

381

32,721

33,559Non-operating expenses
Interest expenses
Rent expenses
Other
Total non-operating expenses
Ordinary income5(Millions of yen)
Nine months ended
November 30, 2016
Extraordinary income
Gain on sales of non-current assets

Nine months ended
November 30, 2017
791

97791

97

68
236
4

171
247–309

419

Profit before income taxes

33,20333,237

Income taxes - current
Income taxes - deferred

11,176(193)

11,130(232)

Total income taxes

10,983

10,898

Profit22,22022,33964

110

22,15522,229Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Impairment loss
Other
Total extraordinary losses

Profit attributable to non-controlling interests
Profit attributable to owners of parent6Consolidated statements of comprehensive income (cumulative)(Millions of yen)
Nine months ended
November 30, 2016
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controllinginterests

7

Nine months ended
November 30, 201722,22022,3398(5,747)3
199(5,739)203

16,481

22,542

16,47822,4152127