Summary of consolidated Financial Results
for the Three Months Ended June 30, 2017
(Based on Japanese GAAP)
August 4, 2017
Company name:
Stock exchange listing:Stock code:
Representative:

CMK CORPORATIONTokyo6958
URL http://www.cmk-corp.com/
President and Chief Executive Officer
Takeo Takai
Administration Division
Akihiro Okabe
Inquiries:
Administration Affairs Department Manager
Scheduled date to file Quarterly Securities Report:
August 9, 2017
Scheduled date to commence dividend payments:―Preparation of supplementary material on quarterly financial results:
No
Holding of quarterly financial results meeting:
NoTEL

03-5323-0235（Amounts less than one million yen are rounded down）

1. Consolidated financial results for the three months ended June 30, 2017 (from April 1, 2017 to June 30, 2017)(1) Consolidated Operating Results (Cumulative)(Percentages indicate year-on-year changes)
Profit attributable toOperating income
Ordinary income
owners of parent

Net sales
Millions of yen

Three months ended June 30, 2017
Three months ended June 30, 2016
(Note) Comprehensive income:Three months ended June 30, 2017

％ Millions of yen

20,813
17,67617.7
1.01,128342

532 million yen (― %)％ Millions of yen

229.1
―

286.1
―

870
191％

355.7
―

Three months ended June 30, 2016 △1,345 million yen (―%)

Net income per share
Three months ended June 30, 2017
Three months ended June 30, 2016

％ Millions of yen

1,052
272

Diluted net income per share
Yen

Yen

14.70
3.23

―
―

(2) Consolidated financial position
Total assets

Net assets

Equity ratio

Millions of yen

Millions of yen％

93,75893,74851,696
51,54951.7
51.5

As of June 30, 2017
As of March 31, 2017
(Reference) Shareholder’s equity:
As of June 30, 2017

48,478 million yen

As of March 31, 2017

48,255 million yen

2．Cash dividends
Annual dividends per share
1stquarter-end

2ndquarter end
Yen

3rdquarter end
Yen

Year ended March 31, 2017―0.00
Year ending March 31, 2018―Year ending March 31, 2018(forecast)―(Note) 1. Revisions to dividend forecasts published most recently: None
2. Payment of dividends for the year ending March 31, 2018 is not yet determined.

FiscalYear-end

TotalYen

Yen

Yen

―

6.50

6.50

―

――

3．Forecast of consolidated financial results for the year ending March 31, 2018 (from April 1, 2017 to March 31, 2018)
Net sales
Full year(Percentages indicate year-on-year changes)
Profit attributable toOrdinary income
Net income per shareowners of parent

Operating income

Millions of yen％

Millions of yen％

Millions of yen％

Millions of yen％

yen

80,000

6.1

4,000

50.8

3,700

40.7

3,000

39.3

50.68

(Note) Revisions to financial forecasts published most recently: None-1-※Notes(1)

Changes in significant subsidiaries during the three months ended June 30, 2017
(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:
1)

Changes in accounting policies due to revisions to accounting standards and other regulations:No

2)

Changes in accounting policies due to other reasons:

No

3)

Changes in accounting estimates:

No

4)

Restatement of prior period financial statements:

No(4) Number of issued shares（common shares）
1) Total number of issued shares at the end of the period (including treasury shares)
As of June 30, 2017

63,060,164 shares

As of March 31, 2017

63,060,164 shares

As of March 31, 2017

3,861,494 shares

2) Number of treasury shares at the end of the period
As of June 30, 2017

3,861,670 shares

3) Average number of shares during the period (cumulative from the beginning of the fiscal year)
Three months ended June 30,2017

59,198,596 shares

Three months ended June 30, 2016

59,199,308 shares※This quarterly financial results statement is exempt from the quarterly review procedures.
※Cautionary statement regarding forward-looking statements, and other information
Forward-looking statements such as operational forecasts contained in this report are based on the information currently available to theCompany and certain assumptions regarded as reasonable, but are not guarantees of the achievements by the Company.
Actual results may differ from any forecasts expressed in the statements due to various factors.

-2-

Consolidated financial statements
Quarterly consolidated balance sheet（Millions of yen）
As of March 31,2017
AssetsCurrent assets
Cash and depositsNotes and accounts receivable - trade
Securities
Merchandise and finished goods
Work in process
Raw materials and supplies
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles, net
LandConstruction in progress
Other, net
Total property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Investment securities
Net defined benefit asset
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Deferred assets
Bond issuance cost
Total deferred assets
Total assets-3-

As of June 30, 2017

22,671
22,166
46
3,273
3,408
1,829
1,312
ᇞ36
54,672

20,29022,990
46
3,438
3,389
2,129
1,208
ᇞ36
53,456

10,22011,026
8,288
1,462
1,098
32,096

10,095
11,292
8,267
2,367
1,093
33,117

226
195
421

213
183
397

3,390
832
2,282
ᇞ38
6,466
38,984

3,637
831
2,259
ᇞ23
6,704
40,21991
91
93,74881
81
93,758（Millions of yen）
As of March 31,2017
Liabilities
Current liabilitiesNotes and accounts payable - trade
Short-term loans payable
Current portion of bonds
Income taxes payable
Provision for bonuses
Allowance for restructuring
Other
Total current liabilities
Non-current liabilities
Bonds payable
Long-term loans payable
Net defined benefit liability
Asset retirement obligations
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Capital stock
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets-4-

As of June 30, 2017

11,543
5,407
560
323
374
131
6,650
24,99011,845
5,404
560
224
733
131
6,774
25,673

6,960
8,468
43
165
1,571
17,20842,199

6,960
7,679
41
165
1,540
16,38742,061

22,306
16,6289,773
ᇞ3,13345,57522,306
16,628
10,259
ᇞ3,13346,061886
ᇞ01,561
232
2,679
3,294
51,54993,748

1,072
0
1,114
230
2,417
3,218
51,69693,758

Quarterly consolidated statement of income

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Employees' salaries and bonuses
Provision for bonuses
Retirement benefit expenses
Provision of allowance for doubtful accounts
Other
Total selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Rent income
Other
Total non-operating income
Non-operating expenses
Interest expenses
Foreign exchange lossesOther
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sales of non-current assets
Total extraordinary income
Extraordinary losses
Loss on sales of non-current assets
Loss on retirement of non-current assets
Loss on valuation of investment securities
Total extraordinary losses
Profit before income taxes
Income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent-5-

Three months ended
June 30, 2016
17,676
15,4392,237（Millions of yen）
Three months ended
June 30, 2017
20,813
17,5853,228626
42
130
1,211
1,894
342

621
98
9
ᇞ15
1,386
2,100
1,128

1437
21
2699

14
42
20
46
123

52
54
63
170
272

70
53
75
199
1,052

41
41

330
146075
238
40
198
7191

128―
29
1,026
136
890
20870

Quarterly consolidated statement of comprehensive income

ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests-6-

Three months ended
June 30, 2016
198

（Millions of yen）
Three months ended
June 30, 2017
890

ᇞ191
ᇞ0
ᇞ1,3608
ᇞ1,543
ᇞ1,345

185
0
ᇞ542
ᇞ1
ᇞ358
532

ᇞ1,165
ᇞ179

607
ᇞ75