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

Consolidated Financial Results For the 1st Quarter Ended June 30, 2014
[Japanese Accounting Standards]
August 8, 2014
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, General Manager, Accounting and Finance Department+81-48-856-5011
Telephone
August 8, 2014
Scheduled submission date of quarterly financial statements
Scheduled 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 First Quarter Ended June 30, 2014 (April 1, 2014 to June 30, 2014)(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％

12,12512,217△ 0.8△ 2.9571137316.6△ 85.1663
266148.7△ 65.6658
211212.2△ 79.4FY2014 1st Quarter
FY2013 1st Quarter(Note) Comprehensive income:1st Quarter ended June 30, 2014: 230 million yen (△85.0%)
1st Quarter ended June 30, 2013: 1,537 million yen (5.0%)
Net income per share

FY2014 1st Quarter
FY2013 1st Quarter

Diluted net income per share
YenYen

8.01
2.56

8.00
2.56

(2) Consolidated Financial Position
Total assets

Net assets

Millions of yen

As of June 30, 2014
As of March 31, 2014
(Reference) Shareholders' equity

Shareholders' equity ratio

Net assets per share％

Millions of yen

Yen

62,55725,72640.3
62,07325,111
39.6
As of June 30, 2014: 25,212 million yen
As of March 31, 2014: 24,573 million yen

306.77299.002. Dividends
1st quarter2nd quarter

Yen

Dividend per share
3rd quarter

Yen

Year end

Yen

Full year
Yen

Yen

Fiscal year ended March 31, 2014
―
0.00
―
5.00
5.00
Fiscal year ending March 31, 2015―
Fiscal year ending March 31, 2015 (forecast)
0.00
―
6.00
6.00
(Note) Changes in the latest forecasts released: None
Dividend in fiscal year ending March 31, 2015 of 6.0 yen equal normal dividend of 5.0 yen plus commemorative dividend of 1.0 yen.
3. Forecast of Consolidated Earnings For the Year Ending March 31, 2015 (April 1, 2014 to March 31, 2015)(Percentage figures represent year-on-year changes)

Net salesFirst half (cumulative)
Full year

Operating income

Net income attributable
Net income per shareto owners of parent

Ordinary income

Millions of yen％

Millions of yen％

Millions of yen％

Millions of yen％

Yen

25,00051,000

△ 1.2
1.1

1,000
2,400

8.2
36.4

900
2,200△ 4.426.9800
2,000

29.4
47.9

9.73
24.34(Note) Changes in the latest forecasts released: Yes

* 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 corrections
1) Changes in accounting policies due to accounting standard change : Yes
2) Other changes in accounting policies: None3) Changes in accounting estimates: None4) Restatement of corrections: None(4) Number of shares outstanding (common stock)1) Number of outstanding share at theAs of June 30,
As of March 31,
83,741,579
83,741,579
2014
2014
end of the period (including treasury stocks)2) Number of treasury stock at the end of the period

As of June 30,
2014

1,555,312

As of March 31,
2014

1,555,144

3) Average number of shares outstanding
during the quarter

FY2014 1stQuarter

82,186,359

FY2013 1stQuarter

82,162,660* 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.