Summary of Consolidated Financial Results
for the Three Months Ended June 30, 2019
(Based on Japanese GAAP)
August 5, 2019
Company name:
Stock exchange listing:Stock code:
Representative:
Inquiries:

CMK CORPORATIONTokyo6958
URL https://www.cmk-corp.com/
President and Chief Executive Officer
Isao Osawa
Executive Officer Administration Division
Yoshihisa Yamaguchi
Accounting Department General Manager
Scheduled date to file Quarterly Securities Report:
August 8, 2019
Scheduled date to commence dividend payments:―Preparation of supplementary material on quarterly financial results:
Yes
Holding of quarterly financial results meeting:
NoTEL03-5323-0231（Amounts less than one million yen are rounded down）

1. Consolidated financial results for the three months ended June 30, 2019 (from April 1, 2019 to June 30, 2019)(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

Millions of yen

Three months ended June 30, 2019
Three months ended June 30, 2018
(Note) Comprehensive income:Three months ended June 30, 2019

△3.5
6.121,311
22,076144760％ Millions of yen△81.0△32.6％ Millions of yen

△81.4
△46.9

103558％―△72.5

Three months ended June 30, 2018 △575 million yen (―%)

496 million yen (― %)Net income per share

Diluted net income per share
YenYen――

△1.26
4.04

Three months ended June 30, 2019
Three months ended June 30, 2018△74239(2) Consolidated financial position
Total assets

Net assets

Equity ratio

Millions of yen

Millions of yen％

105,402
105,189

55,57555,84949.5
49.9

As of June 30, 2019
As of March 31, 2019
(Reference) Shareholder’s equity:
As of June 30, 201952,204 million yen

As of March 31, 2019 52,459 million yen

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

2ndquarter end
Yen

3rdquarter end
Yen

Year ended March 31, 2019―0.00
Year ending March 31, 2020―
Year ending March 31, 2020(forecast)―(Note) 1. Revisions to dividend forecasts published most recently: None
2. Payment of dividends for the year ending March 31, 2020 is not yet determined.

FiscalYear-end

TotalYen

YenYen

―

11.00

11.00

―――

3．Forecast of consolidated financial results for the year ending March 31, 2020 (from April 1, 2019 to March 31, 2020)
Net sales(Percentages indicate year-on-year changes)
Profit attributable toOrdinary income
Net income per shareowners of parent

Operating income％

Millions of yen％

Millions of yen％

yen

87,000 △3.6
2,000 △46.9(Note) Revisions to financial forecasts published most recently: Yes

1,700

△54.9

1,200

△40.5

20.27

Millions of yen％

Millions of yen

Full year-1-※ Notes(1) Changes in significant subsidiaries during the three months ended June 30, 2019
(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, 2019

63,060,164 shares

As of March 31, 2019

63,060,164 shares

As of March 31, 2019

3,863,270 shares

2) Number of treasury shares at the end of the period
As of June 30, 2019

3,863,456 shares

3) Average number of shares during the period (cumulative from the beginning of the fiscal year)
Three months ended June 30,2019

59,196,784 shares

Three months ended June 30, 201859,197,567 shares※This quarterly financial results statement is exempt from the quarterly review by certified public accountants or accounting auditors.
※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, 2019
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
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
Land
Construction in progress
Other, net
Total property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Investment securities
Retirement 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, 201925,43624,061
4,260
3,716
2,331
1,282
△22
61,06623,03023,320
4,305
3,604
2,392
1,135
△22
57,765

9,871

11,43813,244

14,484

8,229
4,973
1,184
37,503

8,238
5,590
1,256
41,007

151
188
339

142
201
344

2,697
969
2,583
△23
6,228
44,072

2,693
975
2,593
△236,238
47,59150
50
105,18945
45
105,402

(Millions of yen)
As of March 31, 2019
Liabilities
Current liabilities
Notes and accounts payable - trade
Short-term borrowings
Current portion of bonds
Income taxes payable
Provision for bonuses
Allowance for restructuring
Other
Total current liabilities
Non-current liabilities
Bonds payable
Long-term borrowings
Retirement benefit liability
Asset retirement obligations
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-forsale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive
incomeNon-controlling interests
Total net assets
Total liabilities and net assets-4-

As of June 30, 201913,104
4,856
602
253
496
129
6,473
25,917

12,928
4,734
602
131
818
128
7,713
27,057

6,376
16,01495
157
778
23,422
49,3406,376
15,38189
158
763
22,76949,82722,306
16,62814,451△3,13450,251

22,306
16,62813,725△3,13449,525739

727

0
1,235
233

△01,731
220

2,208

2,679

3,389
55,849105,189

3,370
55,575
105,402

Quarterly consolidated statement of income(Millions of yen)Three months ended
June 30, 2018
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
Rental income
Other
Total non-operating income
Non-operating expenses
Interest expenses
Foreign exchange losses
OtherTotal non-operating expenses
Ordinary profit
Extraordinary income
Gain on sales of non-current assets
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Total extraordinary losses
Profit before income taxes
Income taxes
Income taxes for prior periods
Profit (loss)
Profit (loss) attributable to noncontrolling interests
Profit (loss) attributable to owners ofparent-5-

Three months ended
June 30, 2019

22,076
19,052
3,024

21,311
18,759
2,551

718
76
6741
87
50△01,461

1,573

2,264

2,407760

144

7462031105745
192396

60
214
33307
558

69958137
103

00003535523
12022617684
84
1866－△47△6227239△74Quarterly consolidated statement of comprehensive income(Millions of yen)Three months ended
June 30, 2018
Profit (loss)
Other comprehensive income
Valuation difference on available-forsale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans,
net of tax
Total other comprehensive incomeComprehensive income
Comprehensive income attributable toComprehensive income attributable toowners of parent
Comprehensive income attributable to noncontrolling interests-6-

Three months ended
June 30, 2019176

△47106

△110
△813

△0568

△45

△12△751
△575

544
496

△437

396

△137100