Summary of Consolidated Financial Results
for the Nine Months Ended November 30, 2013（Q3FY2014）(Based on Japanese GAAP)
December 27, 2013
Company name
ABC-MART, INC.
Stock exchange listing Tokyo
Stock Code2670
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 9, 2014
Scheduled date to commence dividend payments
Preparation of supplementary material on quarterly earnings
yes
Holding of quarterly earnings performance review
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, 2013 (from March 1, 2013 to November 30, 2013)(1) Consolidated operating results (cumulative)
Percentages indicate year-on-year changes
Net sales
Millions of yen
137,906
116,193

Nine months ended November 30, 2013
Nine months ended November 30, 2012
(Note) Comprehensive income:Nine months ended November 2013

Operating income% Millions of yen
18.7
26,03413.9
22,763

Ordinary income% Millions of yen
14.4
26,63914.0
24,283

18,297 million yen (30.0%) Nine months ended November 2012
Net income per share
Diluted net income per shareYen
199.41
182.81

Nine months ended November 30, 2013
Nine months ended November 30, 2012

Net income% Millions of yen
9.7
15,01424.7
13,764%9.1
31.4

14,074 million yen (43.8％)

Yen
182.02-(2) Consolidated financial position
Total assets
As of November 30, 2013
As of February 28, 2013
(Reference) Shareholders’ Equity:
As of November 30, 2013

Net assets

Millions of yen
192,558
174,159
123,801 million yen

Equity ratio

Net assets per share

Millions of yen
124,140
109,764

%
64.3
62.9

As of February 28, 2013

109,474 million yen

Yen
1,644.24
1,453.95

2. Cash dividends
Annual dividends

Year ended February 28, 2013
Year ending February 28, 2014

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen
-

Yen
22.00
25.00

Yen
-

Yen
28.00

Yen
50.00

25.00

50.00

Year ending February 28, 2014 (Forecast)(None) Revisions to dividend forecasts published most recently: None

Total

3. Forecast for the year ending February 28, 2014 (from March 1, 2013 to February 28, 2014)
Percentages indicate year-on-year changes
Net income
Net sales
Operating income
Ordinary income
Net income
per share
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
Yen
Full year
183,700
15.2
34,00011.9
34,30011.6
19,55013.0
259.65(None) Revisions to financial forecasts published most recently: None1

4. Notes(1) Changes in significant subsidiaries during the nine months ended November 30, 2013(changes in specified subsidiaries resulting in the change in scope of consolidation):(2) Application of special accounting for preparing quarterly consolidated financial statements:noyes(3) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements after error corrections
Changes in accounting policies due to revisions to accounting standards and other regulations:yes
Changes in accounting policies due to other reasons:noChanges in accounting estimates:
yes
Restatement of prior period financial statements after error corrections:no(4) Number of issued shares
Total number of issued shares at the end of the period (including treasury stock)
As of November 30, 201375,294,429 shares As of February 28, 201375,294,429 shares

Number of shares of treasury stock at the end of the period
As of November 30, 2013164 shares As of February 28, 2013164 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Nine months ended November 30, 201375,294,265 shares Nine months ended November 30, 2012

75,294,265 shares

NOTICE REGARDING QUARTERLY REVIEW PROCEDURES FOR THE CONSOLIDATED FINANCIAL RESULTS
This quarterly consolidated financial results statement is exempt from the quarterly review procedures based upon the Financial Instruments and Exchange Act.
At this time of disclosure of this quarterly consolidated financial results statement, the quarterly financial statement review procedures based upon the Financial
Instruments and Exchange Act has not been completed.

FORWARD LOOKING STATEMENTS AND OTHER SPECIAL ITEMSThe forecast for the year ending February 28, 2014 is based on ABC-MART, INC.'s hypotheses, plans and estimates at the date of publication. It is possiblethat some 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(Thousands of yen)
As of February 28, 2013
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable-trade
Merchandise and finished goods
Work in process
Raw materials and supplies
Currency option
Deferred tax assets
Other
Allowance for doubtful accounts
Total current assets
Noncurrent 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

As of November 30, 2013

68,852,158
5,064,083
32,682,063
44,833
485,939
1,314,421
1,166,442
3,480,723(23,645)

69,112,306
7,014,550
43,525,843
15,890526,502
315,856
1,204,345
4,822,979(24,464)

113,067,021

126,513,809

20,886,196(9,553,405)

22,702,222(10,675,531)

11,332,790

12,026,691

6,266,116(3,604,799)

7,248,070(4,387,761)

2,661,316

2,860,309

17,483,893
60,071
468,848(418,561)

17,594,743
283,324
564,892(447,857)

50,286

117,034

31,588,359

32,882,103

2,465,569
6,821,704
1,506,138

2,562,331
6,920,070
1,588,538

10,793,412

11,070,939

Investments and other assets
Investment securities
Stocks of subsidiaries and affiliates
Lease and guarantee deposits
Other
Allowance for doubtful accounts

109,651
84,175
16,494,299
2,022,501-

124,406
84,175
18,151,071
3,732,819(1,179)Total investments and other assets

18,710,627

22,091,292

Total property, plant and equipment
Intangible assets
Right of trademark
Goodwill
Other
Total intangible assets

Total noncurrent assets
Total assets

3

61,092,399

66,044,335

174,159,421

192,558,145

(Thousands of yen)
As of February 28, 2013
Liabilities
Current liabilities
Notes and accounts payable-trade
Short-term loans payable
Current portion of long-term loans payable
Income taxes payable
Provision for bonuses
Provision
Asset retirement obligations
Notes payable-facilities
Other
Total current liabilities
Noncurrent liabilities
Convertible bond-type bonds with subscription rights tosharesLong-term loans payable
Provision
Asset retirement obligations
Currency option
Other
Total noncurrent liabilities

As of November 30, 2013

7,477,486
4,135,826
1,002,800
7,455,270
642,716
178,038
17,861
936,279
4,114,601

15,189,743
2,189,900
1,002,800
3,881,512
1,124,209
212,202
21,663
1,086,164
5,438,414

25,960,880

30,146,611

33,000,000

33,000,000

2,502,800
798,867
218,207265,084
1,648,895

2,000,000
959,981
243,472
181,128
1,886,092

38,433,856

38,270,673

Total liabilities

64,394,736

68,417,285

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

3,482,930
7,488,686
96,311,831(522)

3,482,930
7,488,686
107,335,422(522)

107,282,926

118,306,517

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

13,432
2,177,708

22,5795,472,445

Total accumulated other comprehensive income

2,191,141

5,495,024

290,616

339,318

109,764,684

124,140,860

174,159,421

192,558,145

Total shareholders' equity

Minority interests
Total net assets
Total liabilities and net assets

4Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)
Consolidated statements of income (cumulative)(Thousands of yen)
Nine months ended
November 30, 2012

Nine months ended
November 30, 2013

Net sales
Cost of sales

116,193,539
48,680,245

137,906,142
60,282,091

Gross profit

67,513,294

77,624,051

Selling, general and administrative expenses
Packing and transportation expenses
Advertising expenses
Warehousing expenses
Directors' compensations, salaries and allowances
Bonuses
Provision for bonuses
Legal and employee benefits expenses
Rents
Depreciation
Utilities expenses
Commission fee
Taxes and dues
Provision of allowance for doubtful accounts
Amortization of goodwill
Other1,631,111
5,410,582
946,589
11,986,710
228,888
1,053,808
1,562,080
11,327,552
2,289,679
1,319,691
1,988,166
465,211332,148
4,208,039

1,598,991
5,487,389
1,556,372
13,772,406
227,472
1,117,639
1,807,706
13,156,678
2,863,837
1,529,155
2,513,334
674,827
3,429
753,104
4,526,936

Total selling, general and administrative expenses

44,750,259

51,589,281

Operating income

22,763,034

26,034,769

Non-operating income
Interest income
Foreign exchange gains
Rent income for house
Gain on valuation of derivatives
Advertising medium income
Other29,92016,890336,682
1,327,745
43,740132,179

53,28913,911
486,208
136,441
44,446226,902

Total non-operating income

1,887,158

961,200

54,388
193,001
118,997

39,658252,278
64,759Non-operating expenses
Interest expenses
Rent expenses
Other
Total non-operating expenses

366,386

356,696

24,283,805

26,639,272

Extraordinary income
Gain on sales of noncurrent assets

532

866

Total extraordinary income

532

866

343
72,575
263,922-

136,334
151,189
1,051,049
86,534

336,841

1,425,108

Ordinary income

Extraordinary loss
Loss on sales of noncurrent assets
Loss on retirement of noncurrent assets
Impairment loss
Loss on cancellation of derivatives
Loss on abandonment of goods
Total extraordinary losses

5

(Thousands of yen)
Nine months ended
November 30, 2012

Nine months ended
November 30, 2013

Income before income taxes and minority interests

23,947,496

25,215,031

Income taxes-current
Income taxes-deferred

10,247,979(41,728)

10,397,126(145,990)

Total income taxes

10,206,250

10,251,135

Income before minority interests

13,741,245

14,963,895

Minority interests in loss
Net income

6(23,440)(50,290)

13,764,686

15,014,186

Consolidated statements of comprehensive income (cumulative)(Thousands of yen)
Nine months ended
November 30, 2012
Income before minority interests
Other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Total other comprehensive income

Nine months ended
November 30, 2013

13,741,245

14,963,895

11,145
17,926
303,804

9,146
3,324,219

332,877

3,333,365

Comprehensive income

14,074,122

18,297,261

Comprehensive income attributable toComprehensive income attributable to owners of the parent
Comprehensive income attributable to minority interests

14,088,383(14,260)

18,318,069(20,808)7

Consolidated statements of cash flows(Thousands of yen)
Nine months ended
November 30, 2012
Net cash provided by (used in) operating activities
Income before income taxes and minority interests
Depreciation and amortization
Increase (decrease) in provision for bonuses
Increase (decrease) in allowance for doubtful accounts
Interest and dividends income
Interest expenses
Foreign exchange losses (gains)
Loss (gain) on valuation of securities
Loss (gain) on valuation of derivatives
Loss on cancellation of derivatives
Loss (gain) on sales and retirement of noncurrent assets
Impairment loss
Decrease (increase) in notes and accounts receivable-trade
Decrease (increase) in inventories
Increase (decrease) in notes and accounts payable-trade
Other, net

Nine months ended
November 30, 2013

23,947,496
2,289,679
476,021(5,785)(30,644)
54,388(15,270)
16,582(1,327,745)
72,386
263,922(2,973,190)(8,254,729)
3,727,293
762,964

25,215,031
2,863,837
479,377(477)(54,012)39,658(72,960)(136,441)
1,051,049
135,467
151,189(3,223,244)(9,825,775)
7,316,819
2,596,413

Subtotal

19,003,369

26,535,931

Interest and dividends income received
Interest expenses paid
Income taxes paid

19,360(48,014)(12,194,956)

30,540(32,546)(13,821,244)

6,779,758

12,712,681

51,679(3,331,193)
4,669(287,770)(37,005)(185,000)
61,866(2,916,905)
3,218(292,110)(77,587)(1,740,000)
63,703(10,999,115)-(1,753,711)
890,558(201,307)
122,181(1,601,039)
396,551(93,216)
15,644

Net cash provided by (used in) operating activities
Net cash provided by (used in) investing activities
Proceeds from withdrawal of time deposits
Purchase of property, plant and equipment
Proceeds from sales of property, plant and equipment
Purchase of intangible assets
Payments for store removal
Payments of loans receivableCollection of loans receivable
Purchase of investments in subsidiaries resulting in change inscope of consolidation
Payments for lease and guarantee deposits
Proceeds from collection of lease and guarantee deposits
Other payments
Other proceeds
Net cash provided by (used in) investing activities(15,664,149)(6,241,741)

Net cash provided by (used in) financing activities
Net increase (decrease) in short-term loans payable
Repayment of long-term loans payable
Cash dividends paid
Proceeds from stock issuance to minority shareholders
Other, net

2,304,321(1,758,914)(3,377,745)(2,036)(2,016,274)(502,800)(3,980,155)
69,510(16,483)

Net cash provided by (used in) financing activities(2,834,374)(6,446,204)

Effect of exchange rate change on cash and cash equivalents

71,380144,813

Net increase (decrease) in cash and cash equivalents(11,647,384)

169,549

Cash and cash equivalents at beginning of period

41,990,939

68,772,082

Cash and cash equivalents at end of period

30,343,555

68,941,632

8