This translation is to be solely as a reference and the consolidated financial statements in this release are unaudited.

Consolidated Financial Results For the Third Quarter Ended December 31, 2016
[Japanese Accounting Standards]
February 10, 2017
Company Name
Nippon Piston Ring Co., Ltd.
Stock Listing
Tokyo Stock Exchanges
6461
Code Number
URL
http://www.npr.co.jp/
Representative
Akira Yamamoto, President
Contact Person
Hiroto Koeba, Operating Officer, General Manager, Accounting and Finance Department+81-48-856-5011
Telephone
February 10, 2017
Scheduled submission date of quarterly financial statementsScheduled commencement date of dividend payment
Supplemental materials prepared for quarterly financial results
None
Convening briefing of quarterly financial results
None(Amounts are rounded down to the nearest million yen)

1. Consolidated Financial Results For the Third Quarter Ended December 31, 2016 (April 1, 2016 to December 31, 2016)(Percentage figures represent year-on-year changes)(1) Consolidated Operating Results
Net income attributable toNet sales
Operating income
Ordinary income
owners of parent
Millions of yen％

Millions of yen％

Millions of yen％

Millions of yen％

38,78139,191

△ 1.0
2.8

2,674
1,929

38.6
19.6

2,424
1,935

25.3
4.5

1,796
1,334

34.6
△ 36.4FY2016 3rd quarter
FY2015 3rd quarter(Note) Comprehensive income:Third quarter ended December 31, 2016: △837 million yen ( - %)Third quarter ended December 31, 2015: 98 million yen (△96.5%)
Net income per share

FY2016 3rd quarter
FY2015 3rd quarter

Diluted net income per share
YenYen218.39162.30217.53161.73(Note) On October 1, 2015, the Company executed a 1-for-10 reverse stock split of its common stock. Net income per share and diluted net income
per share are calculated on the assumption that the reverse stock split was executed at the beginning of the previous consolidated fiscal year.

(2) Consolidated Financial Position
Total assets

Net assets

Millions of yen

As of December 31, 2016
As of March 31, 2016
(Reference) Shareholders' equity

Shareholders' equity ratio

Net assets per share％

Millions of yen

65,08828,027
63,74729,357
As of December 31, 2016: 27,543 million yen

Yen

42.3
3,348.67
45.2
3,508.57
As of March 31, 2016: 28,840 million yen

2. Dividends
1st quarter2nd quarter

Yen

Dividend per share
3rd quarter

Yen

Fiscal year ended March 31, 2016―
Fiscal year ending March 31, 2017―
Fiscal year ending March 31, 2017 (forecast)(Note) Changes in the latest forecasts released: None

Year end

Yen

0.00
0.00

―
―

Full year
Yen

Yen

60.00

60.00

65.00

65.00

3. Forecast of Consolidated Earnings For the Year Ending March 31, 2017 (April 1, 2016 to March 31, 2017)(Percentage figures represent year-on-year changes)

Net sales

Operating income

Ordinary income

Millions of yen％

Millions of yen％

Millions of yen％

Yen

Full year
51,000△ 2.32,900(Note) Changes in the latest forecasts released: Yes

13.8

2,600

6.5

1,900

18.4

231.04

Millions of yen％

Net income attributable
Net income per shareto owners of parent

* Notes(1) Changes in significant subsidiaries during the current quarter(Changes in specified subsidiaries that caused a change in the scope of consolidation): None
(2) Adoption of specific accounting method for quarterly consolidated financial statements: None
(3) Changes in accounting policies, accounting estimates and restatement of corrections1) Changes in accounting policies due to accounting standard change : Yes
2) Other changes in accounting policies: None3) Changes in accounting estimates: None
4) Restatement of corrections: None(4) Number of shares outstanding (common stock)1) Number of outstanding share at theAs of December
As of March 31,
8,374,157
31, 2016
2016
end of the period (including treasury stocks)2) Number of treasury stock at the end of the period
3) Average number of shares outstanding
during the quarter

8,374,157

As of December
31, 2016

148,908

As of March 31,2016154,180

FY2016 3rdquarter

8,223,718

FY2015 3rdquarter

8,219,802(Note) On October 1, 2015, the Company executed a 1-for-10 stock split of its common stock. Average number of shares outstanding forthe year is calculated on the assumption that the stock split was executed at the beginning of the previous consolidated fiscal year.

* Indication regarding execution of the quarterly review proceduresThis quarterly financial report is exempted from the quarterly review procedures in accordance with the Financial Instruments andExchange Act. At the time of disclosure of this quarterly financial report, the quarterly review procedures for quarterly consolidated
financial statements in accordance with the Financial Instruments and Exchange Act have been completed.

* Explanation regarding the appropriate use of forecasts, and other statements
The financial forecast and other descriptions of the future presented in this document are based on currently available information andassumptions which are deemed reasonable at present. Please note that a variety of factors could cause actual results to differ from the forecasts.