Consolidated Financial Results
for the Fiscal Year Ended March 31, 2018
[Japanese GAAP]May 11, 2018
Company name: NIPPON HUME CORPORATION
Stock exchange listing: Tokyo Stock Exchange
Securities code: 5262
URL: http://www.nipponhume.co.jp
Representative: Minoru Okawauchi, President and Representative Director
Contact: Takamasa Ishii, Executive Officer and General Manager of Accounting Division
Phone: +81-3-3433-4111
Scheduled date of Annual General Meeting of Shareholders: June 28, 2018
Scheduled date of commencing dividend payments: June 29, 2018
Scheduled date of filing annual securities report: June 28, 2018
Preparation of supplementary briefing material on financial results: No
Holding of financial results briefing session: Yes(for mass media, analysts, and institutional investors)(Amounts of less than one million yen are rounded down.)
1. Consolidated Financial Results for the Fiscal Year Ended March 31, 2018 (April 1, 2017 to March 31, 2018)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Profit attributable toTurnoverOperating income
Ordinary income
owners of parent
company
Million yen%

Million yen%

Million yen%

Fiscal year ended
37,445
1,678
2,211
16.8
12.0
12.9
March 31, 2018
Fiscal year ended
32,072
1,498 (20.9)
1,958 (15.8)(5.0)
March 31, 2017
(Note) Comprehensive income: Fiscal year ended March 31, 2018: ¥1,842 million [-12.2%]
Fiscal year ended March 31, 2017: ¥2,099 million [138.1%]
Earnings per
share

Diluted earnings
per share

Yen

Fiscal year ended
66.03
March 31, 2018
Fiscal year ended
54.54
March 31, 2017
(Reference) Share of income (loss) of associates:(2) Consolidated Financial Position
Total assets
Million yen

Million yen

%

1,651

19.4

1,383

(23.2)

Ordinary
incometo total assets

Return on
equityOperatingincome toturnover

Yen

%

%

%

―

5.5

4.6

4.5

―

4.8

4.3

4.7

Fiscal year ended March 31, 2018: ¥380 million
Fiscal year ended March 31, 2017: ¥371 million
Net assets
Million yen

As of March 31,
49,03430,7872018
As of March 31,
47,501
29,5582017(Reference) Equity: As of March 31, 2018: ¥30,570 million
As of March 31, 2017: ¥29,353 million

Equity ratio

Net assets per share
%

Yen

62.3

1,228.33

61.8

1,166.30

(3) Consolidated Cash FlowsNet cash provided by Net cash provided by Net cash provided by(used in) operating(used in) investing(used in) financing
activities
activities
activities
Fiscal year ended
March 31, 2018
Fiscal year ended
March 31, 2017

Cash and cash
equivalents at end of
periodMillion yen

Million yen

Million yen

Million yen

899

(363)

(598)

8,778

1,855

(699)

(607)

8,836

2. Dividends
Annual dividends
1st
2nd
3rd
Year-endquarter-end quarter-end quarter-end
Fiscal year ended
March 31, 2017
Fiscal year ended
March 31, 2018
Fiscal year ending
March 31, 2019
(Forecast)Total
dividends

Total

Yen

Yen

Yen

Yen

―

―

―

16.00

16.00

―

―

―

17.00

17.00

―

―

―

18.00

18.00

Payoutratio(consolidated)

Yen Million yen

Dividends
to netassets(consolidated)

%

%

415

29.3

1.4

436

25.7

1.4

26.4

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2019
(April 1, 2018 to March 31, 2019)(% indicates changes from the previous corresponding period.)
Profit attributable
Earnings
TurnoverOperating income Ordinary income
to owners ofper share
parent company
First half
Full year

Million yen%

Million yen%

Million yen%

Million yen%

Yen

18,00038,000

1.4
1.5

720
1,700

1.5
1.3

1,150
2,300

2.9
4.0

900
1,700

4.6
2.9

36.16
68.31

* Notes(1) Changes in significant subsidiaries during the period under review (changes in specified subsidiaries resulting inchanges in scope of consolidation): No
Newly included: ― (Company name)
Excluded: ― (Company name)(2) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards, etc.: No
2) Changes in accounting policies other than 1) above: No
3) Changes in accounting estimates: No4) Retrospective restatement: No(3) Total number of issued shares (common stock)1) Total number of issued shares at the end of the period (including treasury shares)
As of March 31, 2018: 29,347,500 shares
As of March 31, 2017: 29,347,500 shares

2) Total number of treasury shares at the end of the period
As of March 31, 2018: 4,459,908 shares
As of March 31, 2017: 4,179,180 shares
3) Average number of shares during the period
Fiscal year ended March 31, 2018: 25,016,254 sharesFiscal year ended March 31, 2017: 25,368,851 shares(Reference) Summary of Non-consolidated Financial Results
Non-consolidated Financial Results for the Fiscal Year Ended March 31, 2018 (April 1, 2017 to March 31, 2018)(1) Non-consolidated Operating Results(% indicates changes from the previous corresponding period.)
TurnoverOperating income
Ordinary income
Net income
Fiscal year ended
March 31, 2018
Fiscal year ended
March 31, 2017

Fiscal year ended
March 31, 2018
Fiscal year ended
March 31, 2017

Million yen%

Million yen%

Million yen%

Million yen%

34,966

14.7

1,503

1.4

1,827

(15.1)

1,318(19.8)

30,490

(3.9)

1,481

(19.4)

2,153

(8.1)

1,643

(8.8)

Earnings per share

Diluted earnings per
share

Yen

Yen

51.11

―

62.83

―

(2) Non-consolidated Financial Position
Total assets
Million yen

Net assets
Million yen

As of March 31,
40,96024,2852018
As of March 31,
39,66323,451
2017(Reference) Equity: As of March 31, 2018: ¥24,285 million
As of March 31, 2017: ¥23,451 million

Equity ratio

Net assets per share
%

Yen

59.3

945.7959.1

903.44* The financial results are not subject to auditing by certified public accountants or auditing corporations.
* Explanation of the proper use of financial results forecast and other notes
The financial results forecast and other forward-looking statements contained in these materials are based on
information available to the Company and on certain assumptions deemed to be reasonable as of the date of
publication of this document. They are not intended as a commitment by the Company that these results will beachieved. Actual results may differ considerably as a result of numerous factors. For the assumptions used in thefinancial results forecast and precautionary notes on its use, please refer to “1. Overview of Operating Results (4)Future Outlook” on page 3 of the attachment.

NIPPON HUME CORPORATION (5262), Consolidated Financial Results for the Fiscal Year Ended March 31, 2018

Table of Contents
1. Overview of Operating Results ...................................................................................................................... 2(1) Overview of Operating Results for the Fiscal Year under Review ............................................................. 2(2) Overview of Financial Position in the Fiscal Year under Review .............................................................. 3(3) Overview of Cash Flows in the Fiscal Year under Review ........................................................................ 3(4) Future Outlook ........................................................................................................................................... 3
2. Basic Approach Concerning Selection of Accounting Standards ................................................................... 3
3. Consolidated Financial Statements ................................................................................................................. 5(1) Consolidated Balance Sheets ..................................................................................................................... 5(2) Consolidated Statements of Income and Comprehensive Income ............................................................. 7(3) Consolidated Statements of Changes in Net Assets ................................................................................... 9(4) Consolidated Statements of Cash Flows .................................................................................................. 11(5) Notes to the Consolidated Financial Statements ...................................................................................... 13(Notes on going concern assumption) ...................................................................................................... 13(Segment information, etc.) ..................................................................................................................... 13(Per share information) ............................................................................................................................ 16(Significant subsequent events) ................................................................................................................ 16

1

NIPPON HUME CORPORATION (5262), Consolidated Financial Results for the Fiscal Year Ended March 31, 2018

1. Overview of Operating Results(1) Overview of Operating Results for the Fiscal Year under Review
In the consolidated fiscal year under review, the Japanese economy stayed on a recovery trend as
employment expansion supported by improved corporate earnings and increased capital expenditure as well as
rising consumer spending underpinned by strong employment and income conditions were observed.
Meanwhile, overseas, the sense of uncertainty over future economic prospects could not be dispelled, as
attention focused on worries of trade friction between the United States and China, the impact of U.S. interest
rate hikes on the emerging nations’ economies, and the state of affairs on the Korean Peninsula.
In the concrete products industry in which the Group operates, demand for Hume pipes and pile productsslightly exceeded the level of demand for them in the previous fiscal year.
Under these circumstances, the Group worked diligently to pursue stable profits and sustainable growth,which were the key objectives of the basic policy in Evolution All Japan, the Group’s medium-term
management plan that was in its final fiscal year.
Furthermore, at the Board of Directors’ Meeting that was held on May 25, 2017, to improve the Group’s
capital efficiency and make a greater return of profits to shareholders, the Company resolved to purchasetreasury stock, and it later purchased a total of 198 million yen in such stock.
In the consolidated fiscal year ended March 31, 2018, orders received for concrete products (mainly Humepipes and pile products) and construction, etc., were ¥38,147 million (up 24.2% year on year), and turnover,including mainly revenue from concrete products, construction, and real estate, was ¥37,445 million (up 16.8%
year on year).
As for profit and loss, operating income was ¥1,678 million (up 12.0% year on year); ordinary income was¥2,211 million (up 12.9% year on year), mainly because of equity in earnings of affiliates and dividend income;and profit attributable to owners of parent was ¥1,651 million (up 19.4% year on year).
Segment results are as follows.
1) Concrete Products
Orders received were ¥20,890 million (up 24.3% year on year), and turnover was ¥19,811 million (up17.5% year on year), mainly due to an increase in sales of precast products, which is the Group’s current focus
of attention. Operating income was ¥235 million yen (down 51.2% year on year) because of increased
competition for orders as well as investments mainly in manufacturing facilities and production technology
development for segment products and precast products.
The total sales composition ratio was 52.9%.
2) Construction
Orders received were ¥17,065 million (up 24.4% year on year); turnover was ¥16,056 million (up 17.7%
year on year), mainly due to increases in sales of piling work and sewage line-related work; and operating
income was ¥923 million (up 101.6% year on year), mainly because of cost reductions.
The total sales composition ratio was 42.9%.
3) Real Estate Development
Turnover was ¥991 million (up 1.4% year on year), and operating income was ¥373 million (down 9.0%
year on year).
The total sales composition ratio was 2.6%.
4) Others
Orders received were ¥191 million (down 3.3% year on year), turnover, mainly for the solar power
generation business and the sport facility management business, was ¥585 million (down 0.8% year on year),and operating income was ¥146 million (down 1.5% year on year).
The total sales composition ratio was 1.6%.

2

NIPPON HUME CORPORATION (5262), Consolidated Financial Results for the Fiscal Year Ended March 31, 2018

(2) Overview of Financial Position in the Fiscal Year under Review(Assets)
Total assets, as of March 31, 2018, had increased ¥1,533 million from the end of the previous
consolidated fiscal year, reaching ¥49,034 million. This was mainly because, under current assets, notes
and accounts receivable – trade increased ¥1,440 million.
In addition, under liabilities, total liabilities increased ¥304 million from the end of the previous
consolidated fiscal year to ¥18,247 million. This was mainly because, under current liabilities, notes andaccounts payable – trade increased ¥269 million.
Under net assets, total net assets increased ¥1,228 million from the end of the previous fiscal year, to¥30,787 million. This was mainly because, under retained earnings, while profit attributable to owners ofparent company increased ¥1,651 million, there was a decrease of ¥415 million for cash dividends paid.
(3) Overview of Cash Flows in the Fiscal Year under Review
Cash and cash equivalents (hereinafter, “funds,” referring to cash and deposits minus time deposits withdeposit terms of over three months) as of March 31, 2018, decreased ¥58 million from the end of the previous
fiscal year to ¥8,778 million.
(Cash flows from operating activities)
Funds provided by operating activities during the fiscal year ended March 31, 2018, decreased ¥956 million
year on year to ¥899 million. This was mainly because ¥2,220 million increase in profit before income taxes
and minority interests, depreciation of ¥669 million, an increase of ¥1,453 million in notes and accounts
receivable – trade, and income taxes paid of ¥625 million.
(Cash flows from investing activities)
Funds used in investing activities during the consolidated fiscal year ended March 31, 2018, decreased ¥335
million year on year to ¥363 million. This was mainly because ¥349 million in purchase of fixed assets, such as
manufacturing equipment.
(Cash flows from financing activities)
Funds used in financing activities during the consolidated fiscal year ended March 31, 2018, decreased ¥8
million year on year to ¥598 million. This was mainly because included cash dividends paid of ¥414 million
and purchase of treasury stock of ¥198 million.

(4) Future Outlook
Challenging conditions, especially increasing competition and a changing market structure, are expected topersist in the business environment in which the Group operates. Undeterred by them, based on the basic
strategy stated in new medium-term management plan, Evolution All Japan II, everyone in the Group will workin unison to increase corporate value.
With regard to our financial results for the fiscal year ending March 31, 2019, the Company expects aturnover of ¥38,000 million, operating income of ¥1,700 million, ordinary income of ¥2,300 million, and profit
attributable to owners of parent of ¥1,700 million.

2. Basic Approach Concerning Selection of Accounting Standards
The Group’s policy is to prepare its consolidated financial statements based on Japanese-GAAP for the time
being, considering comparability with other companies in the same industry in Japan.
Our policy for the future is to review the application of International Accounting Standards in light offactors including application trends by companies Japan.

3

NIPPON HUME CORPORATION (5262), Consolidated Financial Results for the Fiscal Year Ended March 31, 2018

3. Consolidated Financial Statements(1) Consolidated Balance Sheets(Thousand yen)
As of March 31, 2017
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Merchandise and finished goods
Raw materials and supplies
Deferred tax assets
Other
Provision for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation
Buildings and structures, net
Machinery, equipment and vehicles
Accumulated depreciation
Machinery, equipment and vehicles, net
LandConstruction in progress
Other
Accumulated depreciation
Other, net
Total property, plant and equipment
Intangible assets
Other
Total intangible assets
Investments and other assets
Investment securities
Long-term accounts receivable - other
Deferred tax assets
Other
Provision for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

4

As of March 31, 2018

8,892,925
13,711,307
2,026,699
476,714103,102
186,557(14,662)
25,382,645

8,838,717
15,151,754
1,886,616
528,757
86,832259,764(16,939)
26,735,502

11,882,764(8,786,142)
3,096,622
14,849,178(12,789,991)
2,059,187
3,692,743
54,397712,192(627,276)
84,916
8,987,867

12,028,669(9,005,471)
3,023,197
15,016,177(13,179,898)
1,836,278
3,697,674
95,301
725,100(653,345)
71,754
8,724,206

137,543
137,543

119,088
119,088

12,750,556
193,108
6,276
272,887(229,530)
12,993,299
22,118,709
47,501,354

13,150,972
145,183
6,847
334,003(180,997)
13,456,009
22,299,304
49,034,806

NIPPON HUME CORPORATION (5262), Consolidated Financial Results for the Fiscal Year Ended March 31, 2018

(Thousand yen)
As of March 31, 2017
Liabilities
Current liabilities
Notes and accounts payable - trade
Short-term loans
Income taxes payable
Provision for bonuses
Provision for loss on construction contracts
Other
Total current liabilities
Non-current liabilities
Deferred tax liabilities
Provision for directors’ retirement benefits
Provision for environmental measures
Net defined benefit liability
Long-term lease and guarantee deposited
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders’ equity
Share capital
Share premium
Retained earnings
Treasury shares
Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Difference in foreign exchange
Remeasurements of defined benefit
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets

5

As of March 31, 2018

11,348,157
1,212,269
476,049
185,557
30,223
859,127
14,111,384

11,617,640
1,221,480
438,800
182,108－
895,130
14,355,161

562,518
36,017
17,0142,612,372
599,580
3,681
3,831,184
17,942,569

592,652
36,017
7,736
2,688,857
561,7215,304
3,892,290
18,247,451

5,251,400
4,736,508
20,272,825(1,511,453)
28,749,280

5,251,400
4,736,524
21,509,299(1,710,327)
29,786,896

756,093
220,308(371,835)
604,565
204,938
29,558,785
47,501,354

905,884
203,908(326,588)
783,204
217,253
30,787,354
49,034,806

NIPPON HUME CORPORATION (5262), Consolidated Financial Results for the Fiscal Year Ended March 31, 2018

(2) Consolidated Statements of Income and Comprehensive Income
Consolidated Statements of Income(Thousand yen)
For the fiscal year ended
March 31, 2017
TurnoverCost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividend income
Share of income of associates
Technical support fee
Foreign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Foreign exchange losses
Settlement package
Real estate development maintenance and management
expenses
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sales of fixed assets
State subsidy
Insurance income
Total extraordinary income
Extraordinary losses
Loss on disposal of fixed assets
Total extraordinary losses
Profit before income taxes and minority interests
Income taxes - current
Income taxes - deferred
Total income taxes
Profit after income taxes
Profit attributable to non-controlling interests
Profit attributable to owners of parent company

6

For the fiscal year ended
March 31, 2018

32,072,030
26,609,258
5,462,772
3,963,819
1,498,952

37,445,127
31,740,358
5,704,769
4,026,362
1,678,406

352
92,612
371,772
84,299－78,480627,517

1,466
103,594
380,441
37,453
3,501
69,484595,941

23,398112,694－

24,416－
12,000

7,908

7,881

23,744
167,747
1,958,722

18,336
62,6342,211,713

383
1,424
18,12819,936

2,421
1,440
5,167
9,029

0
0
1,978,659
650,295(70,424)
579,870
1,398,788
15,256
1,383,531

11112,220,731
587,897(31,292)
556,605
1,664,125
12,314
1,651,810

NIPPON HUME CORPORATION (5262), Consolidated Financial Results for the Fiscal Year Ended March 31, 2018

Consolidated Statements of Comprehensive Income(Thousand yen)
For the fiscal year ended
March 31, 2017

For the fiscal year ended
March 31, 2018

1,398,788

1,664,125492,782
142,577
57,2928,251
700,9032,099,692

129,183(16,400)
43,451
22,404
178,639
1,842,764

2,084,435

1,830,449

15,256

12,314

Profit after income taxes
Other comprehensive income
Valuation difference on available-for-sale securities
Difference in foreign exchange
Remeasurements of defined benefit
Share of other comprehensive income of associates
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
company
Comprehensive income attributable to non-controllinginterests

7

NIPPON HUME CORPORATION (5262), Consolidated Financial Results for the Fiscal Year Ended March 31, 2018

(3) Consolidated Statements of Changes in Net Assets
For the fiscal year ended March 31, 2017
(Thousand yen)
Shareholders’ equity
Share capital
Balance at beginning of current
periodShare premium

5,251,400

Retained earnings

4,736,508

Treasury shares

19,309,786

Total shareholders’ equity(1,317,293)

27,980,401

Changes of items during period
Dividends of surplus(419,820)(419,820)

Profit attributable to owners ofparent company

1,383,531

1,383,531

Purchase of treasury shares(194,159)(194,159)

(0)

(0)

Disposal of treasury shares
Increase of treasury shares ofassociate company
Change of scope of equity
methodOther changes of shareholders’equityTotal changes during current
periodBalance at end of current period(671)

5,251,400

4,736,508(671)

963,039(194,159)

768,879

20,272,825(1,511,453)

28,749,280

Accumulated other comprehensive income

Balance at beginning of current
periodValuationdifference on
available-for-salesecurities

Difference inforeign exchange

Remeasurementsof defined benefit

Total accumulated
othercomprehensive
incomeNon-controllinginterests

Total net assets

241,061

77,730(415,129)(96,337)

189,681

28,073,745

Changes of items during period
Dividends of surplus(419,820)

Profit attributable to owners ofparent company

1,383,531

Purchase of treasury shares(194,159)

Disposal of treasury shares
Increase of treasury shares ofassociate company(0)

Change of scope of equity
method(671)

Other changes of shareholders’equity515,032

142,577

43,293700,903

15,256716,160

Total changes during current
period515,032

142,577

43,293700,903

15,256

1,485,040

Balance at end of current period

756,093

220,308(371,835)

604,565

204,938

29,558,785

8NIPPON HUME CORPORATION (5262), Consolidated Financial Results for the Fiscal Year Ended March 31, 2018

For the fiscal year ended March 31, 2018
(Thousand yen)
Shareholders’ equity
Share capital
Balance at beginning of current
periodShare premium

5,251,400

Retained earnings

4,736,508

Treasury shares

20,272,825

Total shareholders’ equity(1,511,453)

28,749,280

Changes of items during period
Dividends of surplus(415,336)(415,336)

Profit attributable to owners ofparent company

1,651,810

1,651,810

Purchase of treasury shares
Disposal of treasury shares

15

Increase of treasury shares ofassociate company
Change of scope of equity
methodOther changes of shareholders’equityTotal changes during current
periodBalance at end of current period

5,251,400(198,891)(198,891)

18

34

(1)

(1)

15

1,236,473(198,874)

1,037,615

4,736,524

21,509,299(1,710,327)

29,786,896

Accumulated other comprehensive income

Balance at beginning of current
periodValuationdifference on
available-for-salesecurities

Difference inforeign exchange

Remeasurementsof defined benefit

Total accumulated
othercomprehensive
incomeNon-controllinginterests

Total net assets

756,093

220,308(371,835)

604,565

204,938

29,558,785

Changes of items during period
Dividends of surplus(415,336)

Profit attributable to owners ofparent company

1,651,810

Purchase of treasury shares(198,891)

Disposal of treasury shares

34

Increase of treasury shares ofassociate company(1)

Change of scope of equity
methodOther changes of shareholders’equity149,791(16,400)

45,247

178,639

12,314

190,954

Total changes during current
period149,791(16,400)

45,247

178,639

12,3141,228,569

Balance at end of current period

905,884

203,908(326,588)

783,204

217,253

30,787,354

9

NIPPON HUME CORPORATION (5262), Consolidated Financial Results for the Fiscal Year Ended March 31, 2018

(4) Consolidated Statements of Cash Flows(Thousand yen)
For the fiscal year ended
March 31, 2017
Cash flows from operating activities
Profit before income taxes and minority interests
Depreciation
Increase (decrease) in provision for doubtful accounts
Increase (decrease) in provision for bonuses
Increase (decrease) in net defined benefit liability
Increase (decrease) in provision for loss on construction
contracts
Increase (decrease) in provision for environmental
measuresInterest and dividend income
Interest expenses
Foreign exchange losses (gains)Share of (income) loss of associates
Loss (gain) on sales of fixed assets
Loss on disposal of fixed assets
State subsidy
Insurance income
Decrease (increase) in notes and accounts receivable trade
Decrease (increase) in inventories
Decrease (increase) in other current assets
Increase (decrease) in notes and accounts payable trade
Increase (decrease) in accrued consumption taxes
Increase (decrease) in other current liabilities
Decrease (increase) in other non-current assets
Increase (decrease) in other non-current liabilities
SubtotalInterest and dividend income received
Interest expenses paid
Proceeds from insurance income
Income taxes paid
Net cash provided by (used in) operating activities

1,978,659
689,322(49,671)(1,672)135,020

2,220,731
669,155(46,101)(3,449)140,242

30,223(30,223)(5,904)(9,278)(92,964)
23,398145,478(371,772)(383)
0(1,424)(18,128)(105,060)
24,416
5,064(380,441)(2,421)11(1,440)(5,167)(1,453,953)(1,909,852)(513,974)
156,669

10

For the fiscal year ended
March 31, 2018

1,886,944

82,727(73,332)
266,676(222,581)
81,466―(18,088)
1,920,764
295,895(23,482)
18,128(355,396)
1,855,909

89,099(103,799)(14)(36,235)
1,247,204
294,710(22,510)
5,167(625,146)
899,425

NIPPON HUME CORPORATION (5262), Consolidated Financial Results for the Fiscal Year Ended March 31, 2018

(Thousand yen)
For the fiscal year ended
March 31, 2017
Cash flows from investing activities
Payments into time deposits
Purchase of fixed assets
Proceeds from sales of fixed assets
Proceeds from state subsidy
Purchase of shares of associated companies
Decrease (increase) in other investments
Net cash provided by (used in) investing activities
Cash flows from financing activities
Net increase (decrease) in short-term loans
Purchase of treasury shares
Proceeds from sales of treasury shares
Cash dividends paid
Net cash provided by (used in) financing activities
Net foreign exchange on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at the beginning of the period
Cash and cash equivalents at the end of the period

11

For the fiscal year ended
March 31, 2018

(423)
(657,941)
2,508
1,424
(99,777)
54,589(699,620)(4,290)(349,873)
2,421
1,440
―
(13,340)(363,643)

6,289(194,159)―(419,757)(607,626)
465
549,126
8,287,591
8,836,718

15,104(198,891)
34(414,983)(598,735)
4,454(58,499)
8,836,718
8,778,218

NIPPON HUME CORPORATION (5262), Consolidated Financial Results for the Fiscal Year Ended March 31, 2018(5) Notes to the Consolidated Financial Statements(Notes on going concern assumption)
No relevant items.
(Segment information, etc.)
1. Description of reportable segments
The Company’s reportable segments represent units for which discrete financial information is available.
Regular reviews are also carried out by the Board of Directors for the purpose of determining the allocation ofmanagement resources and evaluating business performance.
The Company has business divisions by type of business established in the head office. Each business division
formulates comprehensive strategies for its domestic and overseas operations, thereby deploying its businessactivities.
Accordingly, the Company comprises segments by type of business, with three reportable segments, namely
Concrete Products, Construction and Real Estate Development.
The Concrete Products segment engages in manufacturing and sales of concrete products, manufacturing of
formwork, sales of accessories, etc. The Construction segment engages in the undertaking of various contracted
construction. The Real Estate Development segment engages in leasing, management and development of realestate.
2. Method for calculating turnover, income (loss), assets, liabilities and other items by reportable segment
The accounting methods for reported business segments are generally the same as those stated in “Basicsignificant matters for the preparation of consolidated financial statements.”
The reportable segment income is based on operating income. Inter-segment turnover and transfers are basedon current market prices.

12

NIPPON HUME CORPORATION (5262), Consolidated Financial Results for the Fiscal Year Ended March 31, 2018

3. Information on calculating turnover, income (loss), assets, liabilities and other items by reportable segment
For the fiscal year ended March 31, 2017 (April 1, 2016 to March 31, 2017)(Thousand yen)
Reportable segment

TurnoverTurnover toexternal customers
Inter-segment
turnover ortransfers
Total
Segment income
Segment assets
Other items
Depreciation
Increase inproperty, plant andequipment andintangible assets

Others(Note 1)

Total

Amountrecorded ontheAdjustments
consolidated(Note 2)
financialstatements(Note 3)Concrete
Products

Construction

Real Estate
Development

16,859,590

13,644,157

977,81131,481,559

590,471

32,072,030―

32,072,030

15,304―42,652

57,956381

58,337(58,337)―

16,874,894
482,019
19,384,714

13,644,157
458,099
10,203,114

1,020,463
410,083
2,540,541

31,539,515
1,350,202
32,128,369

590,852
148,749
1,651,622

32,130,368
1,498,952
33,779,991(58,337)―
13,721,362

32,072,030
1,498,952
47,501,354

397,822

67,381

102,976

568,180

103,899

672,080

36,737

708,818

589,756

97,310132,163819,230

1,837

821,068

46,775

867,844

Total(Notes) 1. The “Others” segment includes businesses not included in reportable segments, such as the environmental
equipment sales business, the sport facility management business, the rental business, and solar power
generation business.
2. Adjustments are as follows:(1) An adjustment to turnover of ¥(58,337) thousand is the elimination of inter-segment transactions.
(2) An adjustment to segment assets of ¥13,721,362 thousand is corporate assets not allocated to reportablesegments, comprising investment securities of ¥12,750,556 thousand and assets associated withadministration divisions, etc. of ¥970,805 thousand.
(3) The adjustment to the increase in property, plant and equipment and intangible assets of ¥46,775 thousandaccounts for capital expenditure for the head office building, etc.
3. Total segment income corresponds to operating income on the Consolidated Statements of Income.
4. Depreciation and increase in property, plant and equipment and intangible assets include long-term prepaid
expenses and the related amortization.

13

NIPPON HUME CORPORATION (5262), Consolidated Financial Results for the Fiscal Year Ended March 31, 2018

For the fiscal year ended March 31, 2018 (April 1, 2017 to March 31, 2018)(Thousand yen)
Reportable segment

TurnoverTurnover toexternal customers
Inter-segment
turnover ortransfers
Total
Segment income
Segment assets
Other items
Depreciation
Increase inproperty, plant andequipment andintangible assets

Others(Note 1)

Total

Amountrecorded ontheAdjustments
consolidated(Note 2)
financialstatements(Note 3)Concrete
Products

Construction

Real Estate
Development

19,811,130

16,056,680

991,458

36,859,269

585,857

37,445,127―

37,455,127

16,338―42,837

59,176

203

59,379(59,379)―

19,827,469
235,239
19,859,101

16,056,680
923,352
10,994,259

1,034,296
373,300
2,318,067

36,918,446
1,531,892
33,171,428

586,060
146,513
1,544,765

37,504,507
1,678,406
34,716,193(59,379)―
14,318,613

37,445,127
1,678,406
49,034,806

382,797

63,542

111,177

557,517

99,630657,147

37,092694,240

218,576

67,965

115,946

402,488

1,074

403,563

22,544426,107

Total(Notes) 1. The “Others” segment includes businesses not included in reportable segments, such as the environmental
equipment sales business, the sport facility management business, the rental business, and solar power
generation business.
2. Adjustments are as follows:(1) An adjustment to turnover of ¥(59,379) thousand is the elimination of inter-segment transactions.
(2) An adjustment to segment assets of ¥14,318,613 thousand is corporate assets not allocated to reportablesegments, comprising investment securities of ¥13,150,972 thousand and assets associated withadministration divisions, etc. of ¥1,167,640 thousand.
(3) The adjustment to the increase in property, plant and equipment and intangible assets of ¥22,544 thousandaccounts for capital expenditure for the head office building, etc.
3. Total segment income corresponds to operating income on the Consolidated Statements of Income.
4. Depreciation and increase in property, plant and equipment and intangible assets include long-term prepaid
expenses and the related amortization.

14

NIPPON HUME CORPORATION (5262), Consolidated Financial Results for the Fiscal Year Ended March 31, 2018

(Per share information)
For the fiscal year ended
March 31, 2017

For the fiscal year ended
March 31, 2018

Net assets per share¥1,166.30¥1,228.33

Earnings per share¥54.54¥66.03(Notes) 1. Diluted earnings per share is not presented due to the absence of residual shares.
2. Basis for calculating earnings per share is as follows.
Items

For the fiscal year ended
March 31, 2017

For the fiscal year ended
March 31, 2018

1,383,531

1, 651,810――

1,383,531

1, 651,810

25,368,851

25,016,254

As of March 31, 2017

As of March 31, 201829,558,785

30,787,354

204,938

217,253[204,938][217,253]

29,353,846

30,570,101

25,168,320

24,887,592

Profit attributable to owners of parent company(Thousand yen)Amount not attributable to common shareholders(Thousand yen)
Profit attributable to owners of parent company
relating to common stock (Thousand yen)
Average number of common stock during theperiod (Shares)
3. Basis for calculating net assets per share is as follows.
Items
Total net assets (Thousand yen)Amount to be subtracted from the total net assets(Thousand yen)[Non-controlling interest of the above (Thousandyen)]
Net assets at year-end relating to common stock(Thousand yen)
Number of common stock at year-end used for
calculating earnings per share (Shares)(Significant subsequent events)
No relevant items.

15