CONSOLIDATED FINANCIAL REPORT（Japanese GAAP）
FIRST HALF OF THE FISCAL YEAR ENDINGFEBRUARY 28, 2013
(March 1, 2012 to August 31, 2012)
October 9, 2012
F&A Aqua Holdings, Inc. is listed on the First Section of the Tokyo Stock Exchange under the securities code number 8008.
Representative:
Inquiries:

Saishi Kimura, President and Representative Director
Masahiko Iwamori, Executive Director in charge of operations
Tel: +81-3-5719-3429
URL: http://www.fa-aqua.co.jp
Quarterly Securities Report filing date (planned): October 15, 2012
Supplemental materials prepared for quarterly financial results: Yes
Holding of quarterly financial results meeting: Yes (for institutional investors and security analysts)
Dividend payment commencement date (planned): November 9, 2012
(Millions of yen rounded down)

1. Consolidated Operating Results for First Half of Fiscal 2012
(March 1, 2012 to August 31, 2012)(1) Consolidated Operating Results (Cumulative)(Percentage figures are the increase / (decrease) for the corresponding period of the previous fiscal year.)
Operating Revenues
Operating Income
Ordinary Income
Net Income
Millions of yen％

FY2012 First Half

22,6255.2

FY2011 First Half

21,510(1.1)(Note) Comprehensive income:％Millions of yen％

Millions of yen

％

1,961

50.8

2,296

61.5

1,047

86.5

1,300

53.8

1,422

33.4

561

238.5

Millions of yen

FY2012 First Half: 845 million yen (81.6%)
FY2011 First Half: 465 million yen (—%)

Net Income
per Share

Net Income per
Share after Dilution
Yen

Yen

FY2012 First Half

38.18

—

FY2011 First Half

20.26

—

(2) Consolidated Financial Position
Total Assets

Net Assets

Net Assets to Total
Net Assets per Share
Assets%Yen

Millions of yen

Millions of yen

August 31, 2012

50,90439,42577.4

1,434.61

February 29, 2012

51,142

38,83775.9

1,415.84(Reference)
Shareholders’ equity: August 31, 2012: 39,406 million yen February 29, 2012: 38,821 million yen
2. Dividends
Annual Cash Dividends per Share
(Record Date)
Fiscal 2011
Fiscal 2012
Fiscal 2012
(Forecast)(Note)End of 1Q

End of 2Q

End of 3Q

AnnualYear-end

Yen

Yen

Yen

Yen

Yen

—
—

10.00
10.50

—

11.00

21.00

—

11.50

22.00

Breakdown of period-end cash dividend for the fiscal year ending February 2013:
Ordinary cash dividend ¥10.50
Special cash dividend ¥1.00-1-

3. Forecasts of Consolidated Operating Results for the Fiscal Year Ending February 28, 2013
(March 1, 2012 to February 28, 2013)(% figures for the full fiscal year represent year-on-year increase or decrease)
Net Income
Operating Income
Ordinary Income
Net Income
per Share

Net Sales
Millions of yen

Fiscal year
endingFebruary 28,
2013

48,000%

2.8

Millions of yen

%

4,200

22.6

Millions of yen

4,700

%

20.8

Millions of yen

2,500

%

Yen

26.9

91.09

(Note) Revisions to consolidated operating forecasts for the second quarter of the fiscal year ending
February 28, 2013: Yes
4. Other(1) Changes in Important Subsidiaries during the Period: No(Changes in specified subsidiaries that caused changes in the scope of consolidation): No(2) Application of Special Accounting Practices in the Preparation of the Quarterly Consolidated
Financial Statements: No(3) Changes in Accounting Policies, Changes in Accounting Estimates, and Restatements
1) Changes of accounting principles in line with revisions to accounting and other standards: No
2) Changes of accounting principles other than 1) above: Yes
3) Changes in accounting estimates: No4) Retrospective restatement: No(4) Number of Shares Issued and Outstanding (Common Stock)
1. Total number of shares issued and outstanding (including treasury stock) as of theperiod-end:
August 31, 2012: 29,331,356 sharesFeb. 29, 2012: 29,331,356 shares
2. Total number of treasury stock as of the period-end:
August 31, 2012: 1,863,087 sharesFeb. 29, 2012: 1,911,731 shares
3. Average number of shares for the period (Cumulative total for the quarterly consolidated
period)FY2012 First Half: 27,444,092 shares
FY2011 First Half: 27,727,262 shares
Note: The number of recorded treasury stock is inclusive of 266,300 of the Company’s shares held by the F&A
Aqua Holdings Employees’ Shareholding Association Trust Account as of the end of the quarterly period.

Regarding the Status of Quarterly Review Procedure Implementation
This financial report for the first half of fiscal 2012 is not subject to the quarterly review procedures
stipulated in the Financial Instruments and Exchange Act of Japan. As of the date of disclosure of thisreport, the review procedures for the quarterly financial statements under the Financial Instruments andExchange Act had not been completed.
Cautionary Statement Concerning Operating Results Forecasts and Other Special Items
The aforementioned forecasts were made based on information available to management as of the date ofthis report. Actual results could differ significantly from forecasts due to a variety of factors. Please refer to“Qualitative Information Regarding Forecasts of Consolidated Business Results” on page 5 forassumptions of the revision of forecasts of business results.

-2-

Contents
1.

2.

Qualitative Information Regarding Consolidated Quarterly Business Results

4(1)

Qualitative Information Regarding Consolidated Operating Results

4(2)

Qualitative Information Regarding Consolidated Financial Position

5(3)

Qualitative Information Regarding Forecasts of Consolidated Business Results5

Summary Information (Notes)

6(1)Changes in Important Subsidiaries During the Period

6(2)Application of Special Accounting Practices in the Preparation of the Quarterly

6

Consolidated Financial Statements(3)

Changes in Accounting Policies, Changes in Accounting Estimates, and Restatements

6(4)Additional Information

6

3.

Summary of Significant Events Related to the Going Concern Assumption

6

4.

Consolidated Quarterly Financial Statements

7(1)

Consolidated Quarterly Balance Sheets

7(2)

Consolidated Quarterly Statements of Income and Consolidated Quarterly Statements of

9Comprehensive Income
Consolidated Quarterly Statements of Income

Second Quarter Cumulative

Consolidated Quarterly Statements of Comprehensive Income

Second Quarter Cumulative

9
10

(3)

Consolidated Quarterly Statements of Cash Flows

11

(4)

Notes Regarding Going Concern Assumptions

12

(5)

Segment Information

12

(6)

Notes Regarding Substantial Changes in Shareholders’ Equity

13

-3-

1. Qualitative Information Regarding Consolidated Quarterly Business Results(1) Qualitative Information Regarding Consolidated Operating Results
During the first half (March 1, 2012 to August 31, 2012) of fiscal 2012, the fiscal year ending February
28, 2013, uncertainty regarding the future continued to cloud the Japanese economy. Despite a gradual
recovery from the stagnation following the Great East Japan Earthquake, on the back of recovery
demand, this uncertainty was largely attributable to the effects of the European debt crisis, a slowdown
in the rates of economic growth in developing countries and the persistently strong yen.
In the retail industry, conditions were buoyed by a modest positive upswing in personal
consumption. During the period under review, however, business conditions were negatively impacted
by such factors as the staggering of bargain sales commencement periods and inclement weather. This
led to a prolonged harsh operating environment.
Under such conditions, the F&A Aqua Holdings Group, with fiscal 2012 as the first year of its
third medium-term management plan, worked to enhance its corporate value by practicing CSR-based
management to establish a highly trusted corporate group, by strengthening internal controls, byproviding returns to shareholders, and by making longer term investments linked to earnings growth.
As a result, operating revenues for the first half of the fiscal year under review amounted to¥22,625 million (up 5.2% from the same period of the previous fiscal year). Operating income totaled¥1,961 million (up 50.8%), with ordinary income of ¥2,296 million (up 61.5%) and net income of¥1,047 million (up 86.5%).
Operating income, ordinary income and net income reached record high levels during the subject
first half period.
Note: Operating revenues are the sum total of net sales and other operating revenues.
Operating results by business segment are as follows.
The F.D.C. Products GroupThe F.D.C. Products group witnessed strong performances from its mainstay 4°C brand jewelry
existing stores thanks largely to robust contributions from the new 4°C Pregence zone. Buoyed also bycontinued positive results on the back of an expanding network of 4°C BRIDAL and canal 4°C stores,
sales and operating income substantially exceeded levels recorded in the same period of the previous
fiscal year.
As a result, segment operating revenues amounted to ¥10,796 million (up 11.2% from the same
period of the previous fiscal year), with operating income of ¥1,620 million (up 32.8%).
The AS’TY GroupThe AS’TY group took steps to strengthen its project planning capabilities in its apparel manufacturingbusiness centering on OEM while at the same time endeavoring to expand sales. Sales were up year on
year and operating income substantially surpassed the level recorded in the same period of the previous
year due mainly to positive trends in relationships with existing business partners and successful efforts
to cultivate new business partners.
As a result, segment operating revenues amounted to ¥5,281 million (up 6.6% from the same
period of the previous fiscal year), with operating income of ¥461 million (up 115.0%).
MISUZUMISUZU Co., Ltd. experienced an improvement in its gross profit margin as a result of efforts toenhance the brand value and strengthen SPA (Specialty store retailer of Private label Apparel) functions.
Buffeted, however, by the company’s inability to adequately address the timing of sales periods andinclement weather, sales and operating income declined compared with the same period of the previous
fiscal year.
As a result, segment operating revenues amounted to ¥2,932 million (down 7.4% from the same
period of the previous fiscal year), with operating income of ¥1 million (down 78.2%).
âgeâge Co., Ltd.’s mainstay everyday fashion brand PALLET performed strongly compared with the same
period of the previous fiscal year. LOU and RAPPORT, on the other hand, struggled throughout theperiod under review. Accounting for the aforementioned factors, sales contracted year on year. From a-4-

profit perspective, operating income surpassed the level recorded in the same period of the previous
fiscal year due mainly to successful efforts to cutback overhead expenses.
As a result, segment operating revenues amounted to ¥3,615 million (down 1.8% from the same
period of the previous fiscal year), with operating income of ¥73 million (up 14.4%).
(2) Qualitative Information Regarding Consolidated Financial Position
Assets, Liabilities and Net Assets
Total assets at the end of the subject first half period (August 31, 2012) amounted to ¥50,904 million, adecrease of ¥237 million from the end of the previous fiscal year (February 29, 2012). Whilemerchandise and finished goods climbed ¥622 million, this decline was due mainly to the drop of ¥562
million and ¥290 million in cash and deposits as well as investment securities, respectively. Total
liabilities amounted to ¥11,479 million, a decrease of ¥824 million from the end of the previous fiscal
year. This was due mainly to the decline of ¥425 million and ¥206 million in income taxes payable aswell as provision for bonuses, respectively. Total net assets at the end of the subject first half periodamounted to ¥39,425 million, an increase of ¥587 million from the end of the previous fiscal year.
Cash Flows
Cash and cash equivalents as of the end of the period under review (August 31, 2012) stood at ¥724
million. This was ¥562 million lower than the balance as of the end of the previous fiscal year.
(Cash Flows from Operating Activities)
Cash provided by operating activities was ¥333 million compared with cash used in operating activitiesof ¥72 million for the same period of the previous fiscal year. The principal cash inflow comprised net
increase of income before income taxes, up ¥679 million year on year, while principal cash outflow
was inventories, which increased ¥289 million.
(Cash Flows from Investing Activities)
Net cash used in investing activities amounted to ¥492 million compared with ¥158 million for thesame period of the previous fiscal year. This increase was largely attributable to the absence of the¥147 million in proceeds from sales of noncurrent assets recorded in the first half of fiscal 2011.
(Cash Flows from Financing Activities)
Net cash used in financing activities amounted to ¥405 million compared with net cash provided byfinancing activities of ¥239 million recorded for the same period of the previous fiscal year. The
largely reflected the absence of the net increase of short-term loans payable totaling ¥960 million
reported for the first half of fiscal 2011.
(3) Qualitative Information Regarding Forecasts of Consolidated Business Results
For information on the consolidated results forecasts for the full fiscal year ending February 28, 2013,
see the press release “Notice Concerning Revision to Consolidated Results and Dividend Forecasts for
the Fiscal Year Ending February 2013” issued on October 9, 2012.

-5-

2. Summary Information (Notes)(1) Changes in Important Subsidiaries during the Period:
Not applicable(2) Application of Special Accounting Practices in the Preparation of the Quarterly Consolidated
Financial Statements:
Not applicable(3) Changes in Accounting Policies, Changes in Accounting Estimates, and Restatements:
Change in Valuation Method for Inventories
The F&A Aqua Holdings Group had previously adopted the weighted-average cost method as its
principal valuation method for inventories. From the subject first quarter period, however, the Company
has changed to the moving-average cost method as its principal method.
This change was made following the full replacement of core business systems at the Company’s
principal subsidiary F.D.C. Products Inc. to allow for calculation of costs in a timely manner, and isintended to facilitate calculation of periodic profit or loss more quickly and accurately. This change inaccounting method has been applied retroactively. Figures in the financial statements for the previous
quarter and previous fiscal year are after retroactive application.
The impact on results from this change is minimal.
Application of the Accounting Standard for Earnings per Share
Effective from the first quarter of the fiscal year under review, the Company has adopted the AccountingStandard for Earnings per Share of the Accounting Standards Board of Japan (ASBJ), ASBJ Standard
No. 2 issued on June 30, 2010 as well as the Guidance on Accounting Standard for Earnings per ShareASBJ Guidance No. 4 issued on June 30, 2010.
In calculating diluted net income per share, the Company has switched, for stock options whoserights go into effect after a fixed period, to the method of adding to expected income from the exerciseof rights the portion of the fair value of stock options that relate to future services provided to theCompany.
There was no impact from this change.
(4) Additional Information
Application of Accounting Standard for Accounting Changes and Error Corrections
For accounting changes and corrections of previous errors made after the subject first quarter period, theCompany has applied “Accounting Standard for Accounting Changes and Error Corrections” (ASBJ
Statement No. 24, December 4, 2009) and “Guidance on Accounting Standard for Accounting Changes
and Error Corrections” (ASBJ Guidance No. 24, December 4, 2009).
3. Summary of Significant Events Related to the Going Concern Assumption
Not applicable-6-4. Consolidated Quarterly Financial Statements(1) Consolidated Quarterly Balance Sheets(Thousands of yen)
End of the Fiscal Year
Ended February 29, 2012
(As of February 29, 2012)ASSETS
Current assets:
Cash and deposits
Notes and accounts receivable ― trade
Merchandise and finished goods
Work in process
Raw materials and supplies
Other current assets
Allowance for doubtful accounts
Total current assets
Noncurrent assets:
Property, plant and equipment:
Buildings and structures, net
Land
Other, net
Total property, plant and equipment

End of the Second Quarter of
the Fiscal Year Ending
February 28, 2013
(As of August 31, 2012)

1,287,321
3,405,744
5,205,017
329,657
566,752
1,187,205(6,941)

724,426
3,929,314
5,827,246
378,534
459,050
971,533(3,118)

11,974,758

12,286,986

5,531,699
5,820,237
489,110

5,490,789
5,820,237
522,689

11,841,047

11,833,716

Intangible assets:
Goodwill
Other intangible assets

7,271,736
192,3426,999,345
152,594

Total intangible assets

7,464,079

7,151,939

13,444,132
1,990,625
5,021,778(593,824)

13,153,194
1,994,778
5,072,881(588,638)

Investments and other assets:
Investment securities
Prepaid pension cost
Other
Allowance for doubtful accounts
Total investments and other assets
Total noncurrent assets
Total assets-7-

19,862,712

19,632,216

39,167,839

38,617,872

51,142,598

50,904,858

５．
（要約）四半期連結財務諸表(Thousands of yen)
End of the Fiscal Year
Ended February 29, 2012
(As of February 29, 2012)
LIABILITIESCurrent liabilities:
Notes and accounts payable ― trade
Short-term loans payable
Income taxes payable
Provision for bonuses
Provision for directors’ bonuses
Other
Total current liabilities
Noncurrent liabilities:
Long-term loans payable
Provision for retirement benefits
Provision for directors’ retirement benefits
Asset retirement obligations
Other
Total noncurrent liabilities

End of the Second Quarter of
the Fiscal Year Ending
February 28, 2013
(As of August 31, 2012)

4,000,388
97,7001,034,486
503,261
57,4502,836,780

3,980,102
98,100609,283
297,004
29,2752,656,463

8,530,067

7,670,229

510,350
554,593
397,046806,554
1,506,051

412,300
550,608
409,712
837,713
1,599,279

3,774,597

3,809,613

Total liabilities

12,304,664

11,479,843

NET ASSETS
Shareholders’ equity:
Capital stock
Capital surplus
Retained earnings
Treasury stock

2,486,520
18,300,303
19,720,307(1,476,415)

2,486,520
18,300,303
20,454,223(1,423,928)

39,030,717

39,817,119

Other accumulated comprehensive income:
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Revaluation reserve for land
Foreign currency translation adjustments

Total shareholders’ equity

91,193
14,624(264,512)(50,172)(91,620)(2,254)(264,512)(52,535)

Total other accumulated comprehensive income(208,866)(410,922)

14,286
1,796

16,8481,970

38,837,933

39,425,015

51,142,598

50,904,858

Subscription rights to shares
Minority interests
Total net assets
Total liabilities and net assets-8-(2) Consolidated Quarterly Statements of Income and Consolidated Quarterly Statements ofComprehensive Income
Consolidated Quarterly Statements of Income
Second Quarter Cumulative(Thousands of yen)First Half of the
Fiscal Year Ended
February 29, 2012
(March 1, 2011 toAugust 31, 2011)

First Half of the
Fiscal Year Ending
February 28, 2013
(March 1, 2012 toAugust 31, 2012)

Net sales
Cost of Sales

20,997,188
9,881,376

22,136,275
10,190,458

Gross profit

11,115,812

11,945,816

513,747

488,828

Other operating revenue
Operating gross profit

11,629,560

12,434,645

Selling, general and administrative expenses

10,328,795

10,472,848

Operating income

1,300,764

1,961,796

Foreign exchange gains
Subsidy income
Other

1,296
34,7408,955
35,4607,760
38,34028,723

1,514
37,489219,491
44,115
11,341
16,611
26,793

Total non-operating income

155,277

357,357

18,04915,548

8,755
13,628Non-operating income
Interest income
Dividends received
Equity in earnings of affiliates
Rent of real estate for investment

Non-operating expenses
Interest expenses
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sales of noncurrent assets
Gain on sales of investment securities
Reversal of allowance for doubtful accounts
Foregift income
Refund of consumer taxes for prior periods
Total extraordinary income
Extraordinary loss
Loss on sales of noncurrent assets
Loss on retirement of noncurrent assets

33,59822,383

1,422,443

2,296,770

585
0
286

―

―

14,000121,027―

121,899

14,00523,386
18,060164,138
13,05813,556

Loss on valuation of investment securities
Impairment loss
Loss on closing of stores
Demolition expenses
Loss on disaster
Loss on valuation of golf club membership
Other

5

―

―

―
4,036
198,256
109,784
9,978
18,00042,680――22,504

1,061―

Total extraordinary losses

275,942

362,559

Net income before income taxes

1,268,400

1,948,216

Income taxes ― current
Income taxes for prior periods
Income taxes ― deferred

359,493
59,682287,730

611,115―
289,082

Total income taxes

706,905

900,197

Income before minority interests

561,494

1,048,018

Minority interests in income (loss)
Net income

-9-

(341)

174

561,836

1,047,844

Consolidated Quarterly Statements of Comprehensive Income
Second Quarter Cumulative(Thousands of yen)First Half of the
Fiscal Year Ended
February 29, 2012
(March 1, 2011 toAugust 31, 2011)
Income before minority interests
Other comprehensive income
Other valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustments
Share of other comprehensive income of associates accounted
for using equity method
Total other comprehensive income
Comprehensive income

561,494

1,048,018(70,114)(12,342)(1,402)(111,405)(16,879)(2,363)(11,736)(71,408)(95,596)(202,056)
845,961465,898
466,239(341)

Comprehensive income attributable toComprehensive income attributable to owners of the parent- 10 -First Half of the
Fiscal Year Ending
February 28, 2013
(March 1, 2012 toAugust 31, 2012)

845,787174

(3) Consolidated Quarterly Statements of Cash Flows(Thousands of yen)First Half of the
Fiscal Year Ended
February 29, 2012
(March 1, 2011 toAugust 31, 2011)
Cash flows from operating activities:
Income before income taxes
Impairment loss
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in provision for bonuses
Increase (decrease) in provision for retirement benefits
Increase (decrease) in other provisionInterest and dividends income
Interest expenses
Equity in (earnings) losses of affiliates
Foreign exchange losses (gains)
Loss (gain) on sales of investment securities
Loss (gain) on valuation of investment securities
Loss on retirement of noncurrent assets
Loss (gain) on sales of noncurrent assets
Decrease (increase) in notes and accounts receivable ―trade
Decrease (increase) in inventories
Increase (decrease) in notes and accounts payable ―trade
Other, net

First Half of the
Fiscal Year Ending
February 28, 2013
(March 1, 2012 toAugust 31, 2012)

1,268,400
13,058(496)(172,198)
6,071(14,287)(36,037)
18,049(8,955)9,022(0)164,138
18,06022,8001,948,216
109,784(9,009)(206,256)(8,439)(15,509)(39,003)8,755(219,491)
9,348(5)
198,256
4,036(637,987)(518,341)(272,971)(562,851)(230,652)(20,373)―

613,700

599,022

Subtotal

759,716

1,278,135Interest and dividends income received
Interest expenses paid
Income taxes paid

90,420(17,857)(905,275)

93,386(8,543)(1,029,039)

Net cash provided (used in) operating activities(72,995)

333,939

Cash flows from investing activities:
Purchase of noncurrent assets
Proceeds from sales of noncurrent assets
Purchase of investment securities
Proceeds from sales of investment securities
Other(419,624)
147,518(8,391)
0122,362(422,906)

Net cash used in investing activities―(8,739)31(60,576)(158,135)(492,192)

Cash flows from financing activities:
Net increase (decrease) of short-term loans payable
Repayment of long-term loans payable
Purchase of treasury stock
Cash dividends paid
Other, net

960,000(171,264)(200,220)(294,402)(54,320)(97,650)(121)(317,394)
9,354

Net cash provided by (used in) financing activities

239,792(405,810)―

Effect of exchange rate changes on cash and cash equivalents

(175)

1,168

Net increase (decrease) in cash and cash equivalents

8,485(562,895)

Cash and cash equivalents at beginning of period

502,901

1,287,321

Cash and cash equivalents at end of period

511,387

724,426- 11 -

(4) Notes Regarding Going Concern Assumptions
Not applicable(5) Segment Information
Ⅰ The first half of the fiscal year ended February 29, 2012 (March 1, 2011 to August 31, 2011)
1. Information Regarding Sales and Income or Loss by Reporting Segment(Thousands of yen)

Adjustment
amount(Note 1)

Amountrecorded on
consolidated
quarterlystatements
of income(Note 2)

21,510,936―

21,510,936

93,384815,109(815,109)―

3,200,481

3,775,376

22,326,046(815,109)

21,510,936

6,689

64,602

1,505,723(204,958)

1,300,764

Reporting Segments
F.D.C.
Products
group

AS’TY
group

MISUZUâge

Total

9,709,216

4,952,399

3,167,329

3,681,991

6,269

682,303

33,152

9,715,485

5,634,703

1,219,802

214,628

Operating revenues
Operating revenues tooutside customers
Intrasegment operating
revenues and transfers
Total
Segment income or loss

Notes:
1. The adjustment amount of minus ¥204,958 thousand for segment income mainly includes corporate expenses that are
not allocated to individual reporting segments. Corporate expenses are primarily general administrative expenses not
attributable to reporting segments.
2. Segment income or loss figures have been adjusted to operating income on the consolidated quarterly income
statements.

2. Information Regarding Impairment Loss of Fixed Assets, Goodwill and Related Items by
Reporting Segment
There was no major impairment loss recorded during the period under review.
Ⅱ

The first half of the fiscal year ending February 28, 2013 (March 1, 2012 to August 31, 2012)
1. Information Regarding Sales and Income or Loss by Reporting Segment(Thousands of yen)

Adjustment
amount(Note 1)

Amountrecorded on
consolidated
quarterlystatements
of income(Note 2)

22,625,103―

22,625,103

88,769810,833(810,833)―

2,959,257

3,703,929

23,435,937(810,833)

22,625,103

1,461

73,905

2,156,996(195,199)

1,961,796

Reporting Segments
F.D.C.
Products
group

AS’TY
group

MISUZUâge

Total

10,796,195

5,281,353

2,932,395

3,615,159

21,038674,162

26,861

Total

10,817,234

5,955,516

Segment income

1,620,112

461,517

Operating revenues
Operating revenues tooutside customers
Intrasegment operating
revenues and transfers

Notes:
1. The adjustment amount of minus ¥195,199 thousand for segment income mainly includes corporate expenses that are
not allocated to individual reporting segments. Corporate expenses are primarily general administrative expenses not
attributable to reporting segments.
2. Segment income figures have been adjusted to operating income on the consolidated quarterly income statements.

- 12 -

2.

Information Regarding Impairment Loss of Fixed Assets, Goodwill and Related Items by
Reporting Segment
There was no major impairment loss recorded during the period under review.

(6) Notes Regarding Substantial Changes in Shareholders’ Equity
Not applicable- 13 -