Summary of Consolidated Financial Results
for the Three Months Ended May 31, 2015（Q1 FY2016）(Based on Japanese GAAP)
July 8, 2015
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:
July 9, 2015
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 three months ended May 31, 2015 (from March 1, 2015 to May 31, 2015)(1) Consolidated financial results (cumulative)
Percentages indicate year-on-year changes
Net sales
Millions of yen
63,49656,712

Operating income% Millions of yen
12.0
13,29517.7
13,161Three months ended May 31, 2015
Three months ended May 31, 2014
(Note) Comprehensive income:Three months ended May 2015 7,693 million yen (12.2%)

Net income% Millions of yen
1.5
7,920
29.3
7,845

%
1.0
45.9

Three months ended May 2014 6,854 million yen (△3.2%)

Net income per share

Diluted net income per shareYen
105.12104.19Three months ended May 31, 2015
Three months ended May 31, 2014

Ordinary income% Millions of yen
1.0
13,50830.4
13,313Yen
96.02
95.11(2) Consolidated financial position
Total assets

Net assets

Equity ratio

Millions of yen
Millions of yen
As of May 31, 2015
235,536
159,150
As of February 28, 2015
233,661
155,535(Reference) Shareholders’ Equity:
As of May 31, 2015 158,654 million yen
As of February 28, 2015 155,082 million yen

Net assets per share%
67.4
66.4

Yen
2,104.43
2,059.68

2. Cash dividends
Annual dividends per share

Year ended February 28, 2015
Year ending February 29, 2016

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––

Yen
40.00

Yen–

Yen
60.00

Yen
100.00

50.00

–

50.00

100.00Year ending February 29, 2016 (Forecast)(None) Revisions to dividend forecasts published most recently: NoneTotal

3. Forecast of consolidated financial results for the year ending February 29, 2016 (from March 1, 2015 to February 29, 2016)
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
Six months ending
114,700
6.2
23,300(0.7)
23,640(0.7)
14,6703.8
194.84
August 31, 2015
Full year
229,500
7.5
40,7502.8
41,4002.5
25,8105.9
342.79(None) Revisions to financial forecasts published most recently: None14. Notes(1) Changes in significant subsidiaries during the three months ended May 31, 2015(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:
No
Restatement 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 May 31, 2015

75,390,993 shares As of February 28, 2015

75,294,429 shares

Number of treasury shares at the end of the period
As of May 31, 2015

300 shares As of February 28, 2015

208 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Three months ended May 31, 2015

75,343,187 shares Three months ended May 31, 2014

75,294,265 sharesNOTICE 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 29, 2016 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(Millions of yen)
As of February 28, 2015
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Inventories
Deferred tax assets
OtherAllowance 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 right
Goodwill
Other
Total intangible assets

As of May 31, 2015

96,493
7,873
49,367
2,049
4,555
(41)

98,703
10,07555,496
2,069
6,194
(45)

160,298

172,494

25,395(12,512)

24,118(11,781)

12,883

12,336

9,006

9,184

(5,834)(6,051)

3,171

3,132

19,629327
438(334)

10,248327
437(345)103

92

36,115

26,136

2,948
7,511
2,083

2,843
7,154
1,995

12,543

11,993

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

60
102
2,458
20,892
1,208(18)

63
102
2,357
21,185
1,219(18)

Total investments and other assets

24,70424,910Total non-current assets
Total assets

373,36363,041

233,661

235,536(Millions of yen)
As of February 28, 2015
Liabilities
Current liabilitiesNotes 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

As of May 31, 2015

14,176
6,355
1,000
9,815
702
291
14
722
7,992

17,395
5,437
1,000
5,270
1,260
268
18
1,041
8,124

41,07039,81833,00032,560500

500Provision
Net defined benefit liability
Asset retirement obligations
Other

113
870
291
2,280

112
910
286
2,197

Total non-current liabilities

Total current liabilities
Non-current liabilities
Convertible bond-type bonds with subscription rights toshares
Long-term loans payable

37,05636,566

Total liabilities

78,12676,385

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

3,482
7,488
131,413
(0)

3,702
7,708
134,816(1)

142,384

146,226

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

1412,683

16
12,411

Total accumulated other comprehensive income

12,697

12,428

Total shareholders' equity

Minority interests
Total net assets
Total liabilities and net assets

4453

496

155,535

159,150

233,661

235,536

Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)
Consolidated statements of income (cumulative)(Millions of yen)Three months ended
May 31, 2014

Three months ended
May 31, 2015

Net sales
Cost of sales

56,712
24,34663,49628,553Gross profit

32,36634,942

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

597
2,113
634
5,074
504
66
632
5,074
949

674
2,077
664
5,866
577
91
746
5,754
1,041

Utilities expenses
Commission fee
Taxes and dues
Amortization of goodwill
Other509
1,027
204
274
1,542

531
1,251
258
329
1,781

Total selling, general and administrative expenses

19,204

21,646

13,161

13,295Non-operating income
Interest income
Foreign exchange gains
Rent Income for house
Advertising medium income
Other

30
4179
1662

40–
204
1334

Total non-operating income

293

292

10–
86
44

14
355
4

142

79

13,313

13,508Operating income

Non-operating expenses
Interest expenses
Foreign exchange losses
Rent expenses
Other
Total non-operating expenses
Ordinary income5(Millions of yen)Three months ended
May 31, 2014
Extraordinary income
Gain on sales of non-current assets

Three months ended
May 31, 2015
–

1,361

–

1,361

–
49
51

690
38
1,488

100

2,217

Income before income taxes and minority interests

13,212

12,653

Income taxes - current
Income taxes - deferred

5,379(27)4,753(58)

Total income taxes

5,351

4,694

Income before minority interests

7,860

7,958

1537

7,845

7,920

Total extraordinary income
Extraordinary losses
Loss on sales of non-current assets
Loss on retirement of non-current assets
Impairment loss
Total extraordinary losses

Minority interests in income
Net income

6Consolidated statements of comprehensive income (cumulative)(Millions of yen)Three months ended
May 31, 2014
Income before minority interests
Other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Total other comprehensive income

Three months ended
May 31, 2015

7,860

7,958

2(1,008)2(266)(1,006)(264)

Comprehensive income

6,854

7,693

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

6,853
17,650427