Consolidated Financial Results
for the Three Months Ended June 30, 2017
[Japanese GAAP]
August 9, 2017
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 report: August 9, 2017
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, 2017 (April 1, 2017 to June 30, 2017)(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%

Three months ended
8,449
282
487
9.9
28.4
40.5
June 30, 2017
Three months ended
7,686
219 (58.2)
346 (51.3)(8.7)
June 30, 2016
(Note) Comprehensive income: Three months ended June 30, 2017: ¥554 million [197.0%]
Three months ended June 30, 2016: ¥186 million [-71.9%]
Earnings per share
Three months ended
June 30, 2017
Three months ended
June 30, 2016

Diluted earnings per
share

Yen

Yen

14.71

―

8.88

―

(2) Consolidated Financial Position
Total assets
Million yen

Net assets

Equity ratio

Million yen%

As of June 30, 201746,43929,655
As of March 31,
47,501
29,5582017(Reference) Equity: As of June 30, 2017: ¥29,450 million
As of March 31, 2017: ¥29,353 million

63.4
61.8

Million yen

%

369

63.6

226

(56.7)

2. Dividends
Annual dividends
3rdYear-endquarter-end

1stquarter-end

2ndquarter-end

Yen

Yen

Yen

Yen

Yen

―
―

―

―

16.00

16.00

―

―

16.00

16.00

Fiscal year ended March 31, 2017
Fiscal year ending March 31, 2018
Fiscal year ending March 31, 2018
(Forecast)

Total(Note) Revision to the dividend forecast announced most recently: None
3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2018 (April 1, 2017 to March 31,
2018)(% 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

16,00035,000

7.6
9.1

600
1,800

2.3
20.1

850
2,200

2.8
12.3

600
1,600

2.5
15.6

23.84
63.57

(Note) Revision to the financial results forecast announced most recently: None
* Notes(1) Changes in significant subsidiaries during the period under review (changes in specified subsidiaries resulting
in changes 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, 2017: 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 June 30, 2017: 4,242,280 shares
As of March 31, 2017: 4,179,180 shares
3) Average number of shares during the period
Three months ended June 30, 2017: 25,147,286 shares
Three months ended June 30, 2016: 25,448,510 shares* These quarterly financial results are not subject to quarterly review procedures.
* 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. 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 3 of the attachment.

NIPPON HUME CORPORATION (5262), Consolidated Quarterly Financial Results for the Three Months Ended June 30, 2017

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 ............ 3
2. Consolidated Quarterly Financial Statements and Important Notes................................................................. 4(1) Consolidated Quarterly Balance Sheets ..................................................................................................... 4(2) Consolidated Quarterly Statements of Income and Comprehensive Income ............................................. 6(3) Notes to the Consolidated Quarterly Financial Statements ........................................................................ 8(Notes on going concern assumption) ........................................................................................................ 8(Notes in the case of significant changes in shareholders’ equity) ............................................................ 8(Segment information, etc.) ....................................................................................................................... 81

NIPPON HUME CORPORATION (5262), Consolidated Quarterly Financial Results for the Three Months Ended June 30, 2017

1. Qualitative Information on Quarterly Financial Results for the Period under Review(1) Explanation of Operating Results
During the three months ended June 30, 2017, the Japanese economy remained on a modest recovery trend.
Nonetheless, although signs of recovery have appeared mainly in the economies of some of the emerging Asian
nations, especially China, the sense of uncertainty over the future prospects for the economy cannot be
dispelled.
In the concrete products industry in which the Company operates, while demand for Hume pipes exceededthat in the same period of the previous fiscal year, demand for piles was below the level in the year-ago period.
Under these circumstances, the Group has been working diligently to pursue stable profits and sustainablegrowth, which are the key objectives of the basic policy in “Evolution All Japan,” the Group’s medium-term
management plan, which is now in its final fiscal year.
In the three months ended June 30, 2017, orders received for piles, Hume pipes, and other concrete products,
including precast products, and for construction were ¥7,955 million (up 17.1% year on year). Turnover,including revenue from concrete products, construction, and real estate, was ¥8,449 million (up 9.9% year onyear).
As for profit and loss, operating income was ¥282 million (up 28.4% year on year); ordinary income was¥487 million (up 40.5% year on year), mainly due to equity in earnings of affiliates and dividend income; andprofit attributable to owners of parent was ¥369 million (up 63.6% year on year).
Segment results are as follows.
1) Concrete Products
Orders received were ¥3,942 million (up 1.3% year on year). In addition, turnover was ¥4,809 million (up18.2% year on year), mainly because, although sales of pile products decreased, those of precast products
increased. Finally, segment income was ¥3 million (down 94.8% year on year). This is mainly because cost of
sales increased.
The total sales composition ratio was 56.9%.
2) Construction
Orders received were ¥3,967 million (up 39.5% year on year), turnover was ¥3,237 million (up 0.5% year
on year), and segment income was ¥118 million (up 269.4% year on year). This is mainly because the profit
margin on piling work improved.
The total sales composition ratio was 38.3%.
3) Real Estate Development
Turnover was ¥248 million (up 6.1% year on year), and segment income was ¥111 million (up 51.1% year
on year). This is mainly because renovation work was conducted on real estate property for rent in the same
period of the previous fiscal year.
The total sales composition ratio was 2.9%.
4) Others
Orders received were ¥44 million (down 20.4% year on year), turnover was ¥154 million (down 3.4% year
on year), and segment income was ¥48 million (up 10.2% year on year). This is mainly because income fromthe sport facility management business improved.
The total sales composition ratio was 1.9%.
(2) Explanation of Financial Position
Total assets as of June 30, 2017, decreased by ¥1,061 million from the end of the previous fiscal year, to¥46,439 million. This is mainly because, under current assets, notes and accounts receivable – trade decreased¥921 million.
2

NIPPON HUME CORPORATION (5262), Consolidated Quarterly Financial Results for the Three Months Ended June 30, 2017

In addition, under liabilities, total liabilities decreased ¥1,158 million from the end of the previous fiscal
year, to ¥16,783 million. This is mainly because, under current liabilities, notes and accounts payable – tradedecreased ¥816 million.
Under net assets, total net assets increased ¥96 million from the end of the previous fiscal year, to ¥29,655
million. This is mainly because, under retained earnings, while profit attributable to owners of parent company
increased ¥369 million, there was a decrease of ¥415 million for cash dividends paid, and valuation difference
on available-for-sale securities increased ¥166 million.
(3) Explanation of Consolidated Financial Results Forecast and Other Forward-looking Information
Regarding the results forecasts pertaining to the fiscal year ending March 31, 2018, there has been nochange to the first-half and full-year results forecasts published in the “Consolidated Financial Results for the
Fiscal Year Ended March 31, 2017 [Japanese GAAP],” dated May 12, 2017.

3

NIPPON HUME CORPORATION (5262), Consolidated Quarterly Financial Results for the Three Months Ended June 30, 2017

2. Consolidated Quarterly Financial Statements and Important Notes(1) Consolidated Quarterly 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
Other
Provision 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
Other
Provision for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

4

As of June 30, 2017

8,892,925
13,711,307
2,026,699
476,714289,660(14,662)
25,382,645

8,569,245
12,789,716
2,064,022
432,733
252,164(17,778)
24,090,103

3,096,622
3,692,743
2,198,501
8,987,867
137,5433,060,108
3,692,760
2,102,372
8,855,242
130,469

12,750,556
472,273(229,530)
12,993,299
22,118,709
47,501,354

13,079,363
513,809(229,535)
13,363,637
22,349,348
46,439,452

NIPPON HUME CORPORATION (5262), Consolidated Quarterly Financial Results for the Three Months Ended June 30, 2017

(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
Provision for directors’ retirement benefits
Provision for environmental measures
Net defined benefit liability
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 June 30, 2017

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

10,531,886
1,207,079
52,757―30,283
1,065,688
12,887,694

36,017
17,0142,612,372
1,165,780
3,831,184
17,942,569

36,017
17,0142,606,011
1,237,187
3,896,231
16,783,926

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

5,251,400
4,736,508
20,227,289(1,554,314)
28,660,884

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

922,263
223,072(355,423)
789,912204,728
29,655,525
46,439,452

NIPPON HUME CORPORATION (5262), Consolidated Quarterly Financial Results for the Three Months Ended June 30, 2017(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 ended
June 30, 2016

For the three months ended
June 30, 2017

7,686,692
6,484,734
1,201,958
982,368
219,5908,449,562
7,176,848
1,272,714
990,651
282,06276
46,270141,197―
47,541
235,086

136
51,868143,136
2,219
33,151
230,513

5,451
96,814―
5,755
108,020
346,656

5,877―
12,0007,656
25,534
487,040

―
―
―

65
5,167
5,233

0
0
346,656
66,622
52,586
119,208
227,447
1,445
226,002――492,274
54,942
67,740122,683
369,590(210)
369,800

TurnoverCost of sales
Gross 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
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

NIPPON HUME CORPORATION (5262), Consolidated Quarterly Financial Results for the Three Months Ended June 30, 2017

Consolidated Quarterly Statements of Comprehensive Income
Three Months Ended June 30(Thousand yen)
For the three months ended
June 30, 2016
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

For the three months ended
June 30, 2017

227,447

369,590(94,858)
69,915
14,080(29,722)(40,585)
186,862

156,890
2,764
15,548
10,143
185,347
554,937

185,416555,148

1,445

(210)

NIPPON HUME CORPORATION (5262), Consolidated Quarterly Financial Results for the Three Months Ended June 30, 2017(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.
(Segment information, etc.)
I. For the three months ended June 30, 2016 (April 1, 2016 to June 30, 2016)
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)Concrete
Products

Construction

Real Estate
Development

4,070,067

3,222,645

234,0027,526,714

159,977

7,686,692―

7,686,692

3,047

―

10,475

13,522

98

13,620(13,620)―

4,073,115
69,837

3,222,645
32,118244,477
73,816

7,540,237
175,772

160,075
43,8177,700,313
219,590(13,620)―

7,686,692
219,590

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

NIPPON HUME CORPORATION (5262), Consolidated Quarterly Financial Results for the Three Months Ended June 30, 2017

II. For the three months ended June 30, 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 ontheConsolidated
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 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.

9