Consolidated Quarterly Financial Results
for the Three Months Ended June 30, 2018
[Japanese GAAP]
August 8, 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 filing quarterly securities report: August 8, 2018
Scheduled date of commencing dividend payments: ―Preparation of supplementary briefing material on quarterly financial results: No
Holding of quarterly financial results briefing session: No(Amounts of less than one million yen are rounded down.)
1. Consolidated Financial Results for the Three Months Ended June 30, 2018(April 1, 2018 to June 30, 2018)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Profit attributable toTurnover
Operating income
Ordinary income
owners of parentcompany
Million yen%

Million yen%

Million yen%Three months ended
10,66726.2309
9.6
729
49.7
June 30, 2018
Three months ended
8,4499.9282
28.4487
40.5
June 30, 2017
(Note) Comprehensive income: Three months ended June 30, 2018: ¥670 million [20.8%]
Three months ended June 30, 2017: ¥554 million [197.0%]

Three months ended
June 30, 2018
Three months ended
June 30, 2017

Earnings per share

Diluted earnings pershare

Yen

Yen

28.14

―14.71―(2) Consolidated Financial Position
Total assets
Million yen

Net assets

Equity ratio

Million yen%

As of June 30, 2018
50,65931,021
As of March 31,
48,95230,7872018(Reference) Equity: As of June 30, 2018: ¥30,802 million
As of March 31, 2018: ¥30,570 million

60.8
62.4

Million yen%

700

89.4

369

63.6

2. Dividends
Annual dividends
3rdYear-end
quarter-end

1stquarter-end

2ndquarter-end

Yen

Yen

Yen

Yen

Yen

―
―

――17.00

17.00

―

―

18.00

18.00

Fiscal year ended March 31, 2018
Fiscal year ending March 31, 2019
Fiscal year ending March 31, 2019
(Forecast)

Total(Note) Revision to the dividend forecast announced most recently: No
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 attributableEarnings
TurnoverOperating income Ordinary income
to owners ofper shareparent company%

Million yen%

Yen

18,000
1.4
720
1.5
1,150
2.9
First half
38,000
1.5
1,700
1.3
2,300
4.0
Full year(Note) Revision to the financial results forecast announced most recently: No

Million yen%

Million yen%

Million yen

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) Application of accounting procedures specific to preparation of consolidated quarterly financial statements: No(3) 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(4) Total number of issued shares (common stock)1) Total number of issued shares at the end of the period (including treasury shares)
As of June 30, 2018: : 29,347,500 shares
As of March 31, 2018: 29,347,500 shares2) Total number of treasury shares at the end of the period
As of June 30, 2018: 4,460,060 shares
As of March 31, 2018: 4,459,908 shares
3) Average number of shares during the period
Three months ended June 30, 2018: 24,887,524 shares
Three months ended June 30, 2017: 25,147,286 shares* The quarterly financial results are not subject to quarterly review procedures by certified public accountants orauditing corporations.
* Explanation of the proper use of financial results forecast and other note
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. Qualitative Information on Quarterly
Financial Results for the Period under Review (3) Explanation of Consolidated Financial Results Forecast and Other
Forward-looking Information” on page 2 of the attachment.

NIPPON HUME CORPORATION (5262), Consolidated Quarterly Financial Results for the Three Months Ended June 30, 2018

Table of Contents
1. Qualitative Information on Quarterly Financial Results for the Period under Review .................................. 2(1) Explanation of Operating Results ............................................................................................................... 2(2) Explanation of Financial Position .............................................................................................................. 2(3) Explanation of Consolidated Financial Results Forecast and Other Forward-looking Information .......... 22. Consolidated Quarterly Financial Statements and Important Notes................................................................. 3(1) Consolidated Quarterly Balance Sheets ..................................................................................................... 3(2) Consolidated Quarterly Statements of Income and Comprehensive Income ............................................. 5(3) Notes to the Consolidated Quarterly Financial Statements ........................................................................ 7(Notes on going concern assumption) ........................................................................................................ 7(Notes in the case of significant changes in shareholders’ equity) ............................................................. 7(Additional information) ............................................................................................................................ 7(Segment information, etc.) ....................................................................................................................... 71

NIPPON HUME CORPORATION (5262), Consolidated Quarterly Financial Results for the Three Months Ended June 30, 2018

1. Qualitative Information on Quarterly Financial Results for the Period under Review(1) Explanation of Operating Results
During the three months ended June 30, 2018, the Japanese economy remained on a modest recovery trend.
Although emerging economies showed signs of a recovery, trade disputes did have an impact, and the sense of
uncertainty over future economic prospects could not be dispelled.
In the concrete products industry in which the Group operates, demand for Hume pipes was almost flat, anddemand for pile products exceeded that in the same period of 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 II, the Group’s new three-year
medium-term management plan that began in fiscal 2018.
In the three months ended June 30, 2018, orders received for concrete products (mainly Hume pipes andpile products) and construction, etc., were ¥10,280 million (up 29.2% year on year), and turnover, including
mainly revenue from concrete products, construction, and real estate, was ¥10,667 million (up 26.2% year onyear).
As for profit and loss, operating income was ¥309 million (up 9.6% year on year) due to the focus on R&D,etc., ordinary income was ¥729 million (up 49.7% year on year), mainly because of equity in earnings ofaffiliates and dividend income, and profit attributable to owners of parent was ¥700 million (up 89.4% year onyear) due to gain on sales of fixed assets, etc.

(2) Explanation of Financial Position
Total assets as of June 30, 2018, increased ¥1,706 million from the end of the previous consolidated fiscal
year, reaching ¥50,659 million. This was mainly because, under current assets, notes and accounts receivable –trade increased ¥830 million and, under property, plant and equipment in non-current assets, construction inprogress included in “Other” increased ¥391 million, and investment securities increased ¥199 million.
In addition, under liabilities, total liabilities increased ¥1,473 million from the end of the previous
consolidated fiscal year to ¥19,638 million. This was mainly because, under current liabilities, notes andaccounts payable – trade increased ¥1,343 million.
Under net assets, total net assets increased ¥233 million from the end of the previous consolidated fiscalyear, to ¥31,021 million. This was mainly because, under retained earnings, while profit attributable to ownersof parent company increased ¥700 million, there was a decrease of ¥436 million for cash dividends paid.
(3) Explanation of Consolidated Financial Results Forecast and Other Forward-looking Information
Regarding the results forecasts pertaining to the fiscal year ending March 31, 2019, there has been nochange to the first-half and full-year results forecasts published in the “Consolidated Financial Results for theFiscal Year Ended March 31, 2018 [Japanese GAAP],” dated May 11, 2018.

2NIPPON HUME CORPORATION (5262), Consolidated Quarterly Financial Results for the Three Months Ended June 30, 2018

2. Consolidated Quarterly Financial Statements and Important Notes(1) Consolidated Quarterly Balance Sheets(Thousand yen)
As of March 31, 2018
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Merchandise and finished goods
Raw materials and supplies
OtherProvision for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Land
Other, net
Total property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
OtherProvision for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets
LiabilitiesCurrent liabilities
Notes and accounts payable - trade
Short-term loans
Income taxes payable
Provision for bonuses
Other
Total current liabilities
Non-current liabilities
Provision for directors’ retirement benefits
Provision for environmental measures
Net defined benefit liability
Other
Total non-current liabilities
Total liabilities

3

As of June 30, 2018

8,838,717
15,151,754
1,886,616
528,757
259,764(16,939)
26,648,670

8,844,326
15,982,282
2,062,671
672,886
265,705(17,657)
27,810,215

3,023,197
3,697,674
2,003,334
8,724,206
119,088

2,992,182
3,692,985
2,377,170
9,062,337
113,881

13,150,972
490,591(180,997)
13,460,566
22,303,861
48,952,531

13,350,650
503,306(180,886)
13,673,070
22,849,289
50,659,505

11,617,640
1,221,480
438,800
182,108
894,861
14,354,892

12,961,160
1,216,756
115,495―
1,534,396
15,827,809

36,017
7,736
2,688,857
1,077,672
3,810,284
18,165,176

36,017
7,736
2,677,031
1,089,821
3,810,607
19,638,416

NIPPON HUME CORPORATION (5262), Consolidated Quarterly Financial Results for the Three Months Ended June 30, 2018

(Thousand yen)
As of March 31, 2018
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

4

As of June 30, 2018

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

5,251,400
4,736,524
21,773,048(1,710,459)
30,050,513

905,884
203,908(326,588)
783,204
217,253
30,787,354
48,952,531

839,223
222,118(309,238)
752,103
218,471
31,021,089
50,659,505

NIPPON HUME CORPORATION (5262), Consolidated Quarterly Financial Results for the Three Months Ended June 30, 2018

(2) Consolidated Quarterly Statements of Income and Comprehensive Income
Consolidated Quarterly Statements of Income
Three Months Ended June 30(Thousand yen)
For the three months endedJune 30, 2017
TurnoverCost of salesGross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividend income
Share of income of associates
Foreign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Foreign exchange losses
Settlement package
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sales of fixed assets
State subsidy
Insurance income
Total extraordinary income
Profit before income taxes and minority interests
Income taxes - current
Income taxes - deferred
Total income taxes
Profit after income taxes
Profit (loss) attributable to non-controlling interests
Profit attributable to owners of parent company

5

For the three months ended
June 30, 2018

8,449,562
7,176,848
1,272,714
990,651
282,062

10,667,434
9,220,351
1,447,083
1,137,932
309,150136
51,868143,136
2,219
33,151
230,513612
55,092346,929―
36,986439,620

5,877―
12,0007,656
25,534
487,040

6,252
8,842
―
4,435
19,529729,241

65
―
5,167
5,233
492,274
54,942
67,740122,683
369,590(210)
369,800

138,7181,440―
140,158
869,399
115,51752,392
167,910
701,4891,217
700,272

NIPPON HUME CORPORATION (5262), Consolidated Quarterly Financial Results for the Three Months Ended June 30, 2018

Consolidated Quarterly Statements of Comprehensive Income
Three Months Ended June 30(Thousand yen)
For the three months ended
June 30, 2017

For the three months ended
June 30, 2018369,590

701,489

156,890
2,764
15,548
10,143
185,347
554,937(64,461)
18,21017,128(1,979)(31,100)
670,388555,148

669,171

(210)

1,217

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

6

NIPPON HUME CORPORATION (5262), Consolidated Quarterly Financial Results for the Three Months Ended June 30, 2018

(3) Notes to the Consolidated Quarterly Financial Statements(Notes on going concern assumption)
No relevant items.
(Notes in the case of significant changes in shareholders’ equity)
No relevant items.
(Additional information)
Adoption of the “Partial Amendments to Accounting Standard for Tax Effect Accounting,” etc.
The Company has adopted the “Partial Amendments to Accounting Standard for Tax Effect Accounting” (ASBJ
Statement No. 28 on February 16, 2018), etc. from the beginning of the first quarter of the fiscal year under review.
As a result, deferred tax assets are presented in investments and other assets, and deferred tax liabilities arepresented in non-current liabilities.
(Segment information, etc.)
I. For the three months ended June, 2017 (April 1, 2017 to June 30, 2017)
1. Information on turnover and income (loss) by reportable segment(Thousand yen)
Reportable segment

TurnoverTurnover toexternal customers
Inter-segment
turnover ortransfers
Total
Segment income

Others(Note 1)

Total

Amountrecorded on
theConsolidated
Adjustments
QuarterlyStatements ofIncome(Note 2)

Concrete
Products

Construction

Real Estate
Development

4,809,343

3,237,305

248,321

8,294,971

154,591

8,449,562―

8,449,562

3,645

―

10,533

14,178―14,178(14,178)―

4,812,988
3,620

3,237,305
118,634

258,855
111,5028,309,149
233,758

154,591
48,304

8,463,741
282,062(14,178)―

8,449,562
282,062

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 the solar powergeneration business.
2. Total segment income corresponds to operating income on the Consolidated Quarterly Statements of Income.

2. Information concerning impairment loss on non-current assets, goodwill, etc., by reportable segment
No relevant items.

7NIPPON HUME CORPORATION (5262), Consolidated Quarterly Financial Results for the Three Months Ended June 30, 2018

II. For the three months ended June 30, 2018 (April 1, 2018 to June 30, 2018)
1. Information on turnover and income (loss) by reportable segment(Thousand yen)
Reportable segment

TurnoverTurnover toexternal customers
Inter-segment
turnover ortransfers
Total
Segment income

Others(Note 1)

Total

Amountrecorded ontheConsolidated
Adjustments
QuarterlyStatements ofIncome(Note 2)

ConcreteProductsConstruction

Real EstateDevelopment

5,620,2554,656,807

247,714

10,524,778

142,656

10,667,434―

10,667,434

3,674

―

13,32016,995―

16,995(16,995)―

5,623,930
30,636

4,656,807
155,144

261,035
85,257

10,541,773
271,038

142,656
38,112

10,684,429
309,150(16,995)―

10,667,434
309,150

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 the solar power
generation business.
2. Total segment income corresponds to operating income on the Consolidated Quarterly Statements of Income.

2. Information concerning impairment loss on non-current assets, goodwill, etc., by reportable segment
No relevant items.

8