Summary Report of Consolidated Financial Results
For the First Quarter Ended September 30, 2018

(All financial information has been prepared in accordance with accounting principles generally accepted in Japan.)
Don Quijote Holdings Co., Ltd.
Securities Code No.: 7532
Shares Listed:Tokyo Stock Exchange
Address:
2-19-10 Aobadai, Meguro-ku, Tokyo
Representative:
Kohji Ohara, President and CEO
Contact:
Mitsuo Takahashi, Senior Managing Director (Phone: +81-3-5725-7588)
URL:
http://www.donki-hd.co.jp(Amounts in million yen are rounded off to the nearest million)
1. Overview of Business Results and Financial Position for the first quarter of fiscal 2019 (From July 1, 2018 to September30, 2018)(1) Results of Business Operations(Millions of yen, except per-share data)
OperatingOrdinary
Net Sales
Change (%)
Change (%)
Change (%)
IncomeIncomeThree Months Ended
250,080
11.9
14,503
1.4
17,91725.3
September 30, 2018
Three Months Ended
223,433
11.0
14,30014.1
14,301
11.8
September 30, 2017
(Note) Comprehensive income: 13,637 million yen [38.2%] (FY 2019.6 1Q), 9,865 million yen [21.9%] (FY 2018.6 1Q)
ProfitAttributable toOwners of Parent
Three Months Ended
September 30, 2018
Three Months Ended
September 30, 2017

Change (%)

Net Income
Per Share(Yen)Net Income Per
Share-fully
diluted (Yen)

11,646

37.6

73.62

73.45

8,465

4.2

53.52

53.47

(2) Financial Position(Millions of yen, except per-share data)
Total Assets

Net assets

Ratio of Shareholders’Equityto Total Assets (%)

As of September 30,
871,712313,11233.7
2018
June 30, 2018806,778
312,495
36.0(Reference) Equity: 293,556 million yen (as of September 30, 2018), 290,363 million yen (as of June 30, 2018)(Note) Starting with the beginning of the first quarter of fiscal 2019, we are applying “Partial Amendments to AccountingStandard for Tax Effect Accounting” (Accounting Standards Board of Japan (ASBJ) Statement No.28, February 16,2018).
Prior-year figures have been adjusted retroactively to conform with this accounting standard.
2. Dividends
Three Months Ended
September 30
Year Ended June 30,
2018Year Ending June 30,
2019Year Ending June 30,
2019 (Forecast)－Six Months Ended
December 31

YenNine Months
Ended March 31

Year Ended June30

Total

5.00

－27.0032.00

5.00－28.0033.00－(Note) Revision to the dividend forecast in the first quarter of fiscal 2019: None13. Consolidated Business Forecast：For the year ending June 30, 2019 (From July 1, 2018 to June 30, 2019)(Millions of yen, except per-share data)
ProfitNet

ChangeOperating

ChangeSales(%)

Income(%)

Ordinary
IncomeChangeAttributable toChange(%)

Owners of(%)

ParentSix Months Ending
December 31, 2018Year Ending
June 30, 2019(Note)

Net Incomeper Share(Yen)

512,000

10.6

30,0002.6

35,00012.7

21,50015.1

135.91―――――――――

Revision to the business forecast in the first quarter of fiscal 2019: Yes
As for the consolidated business forecast for the fiscal year ending June 2019, we are disclosing only the second
quarter (cumulative) business forecasts as it is difficult to calculate reasonable business forecasts for the full year.

4. Others(1) Significant changes in the scope of consolidation: None
Newly consolidated: － Excluded:－(2) Simplified accounting methods and special accounting methods for preparation of the quarterly consolidated
financial statements: None
(3) Changes in accounting policies concerning preparation of quarterly consolidated financial statements① Changes in line with revision to accounting standards: None
② Other changes: None
③ Changes in accounting estimates: None
④ Restatement: None
(4) Number of outstanding shares (Common stock)① Number of outstanding shares (Treasury stock included)
September 30, 2018
158,193,160 shares
June 30, 2018
158,193,160 shares② Number of treasury stock
September 30, 2018
4,633 shares
June 30, 2018
4,633 shares③ Average number of outstanding shares during the period
September 30, 2018
158,188,527 shares
September 30, 2017
158,178,366 shares※This financial summary is not subject to quarterly reviews.
※Explanation regarding the appropriate use of forecasts of business results
The financial forecasts of business results are based on judgments and estimates that have been made using
currently available information. By nature, such financial forecasts are subject to uncertainties and risks. Therefore,
actual results might be significantly different from the aforementioned forecasts for a variety of reasons, includingchanges in economic environments related to our business, market trends and exchange rates.
※The Company plans to hold financial results briefing for securities analysts and institutional investors on November 6,
2018. Presentation materials will be available on the Company’s website.

2Consolidated Quarterly Balance Sheets(Millions of yen)
As of June 30,

As of September 30,

2018

2018

AmountAmountAssetsCurrent assets
Cash and deposits¥71,973¥119,407

Notes and Accounts receivable-trade

12,84812,471

Merchandise

135,781

137,142

Other

16,01519,808(4)(20)

236,613288,808

Buildings and structures, net

133,415

146,725

Tools, furniture and fixtures, net

19,71820,269Land

188,866

193,518

5,914

3,024

347,913363,536

Goodwill

17,60017,917

Other

10,647

11,052

Total intangible assets

28,24728,969Investment securities

31,60634,189Long-term loans receivable

95,81589,693

Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment

Other, net
Total property, plant and equipment
Intangible assets

Investments and other assets

Deferred tax assets

15,38915,365

Lease and guarantee deposits

46,494

46,272

Other

6,379

6,574Allowance for doubtful accounts(1,678)(1,694)

Total investments and other assets

194,005

190,399

570,165

582,904¥806,778¥871,712

Total non-current assets

Total assets3

(Millions of yen)
As of June 30,

As of September 30,

2018

2018

AmountAmountLiabilities
Current liabilities
Accounts payable-trade¥93,030¥97,752

Current portion of long-term loans payable

17,78825,861

Current portion of bonds

3,616

3,616

Payables under fluidity lease receivables

7,262

7,289

Income taxes payable

8,821

5,794

Provision for point card certificates

1,892

1,937

Other

39,47740,446

Total current liabilities

171,886

182,695

Non-current liabilities
Bonds payable

91,274

90,166Long-term loans payable

200,668

255,777

Long-term payables under fluidity lease receivables

12,104

10,272

Asset retirement obligations

6,538

6,719

267

245

11,546

12,726

Negative goodwill
Other
Total non-current liabilities

322,397375,905494,283

558,600

Capital stock

22,43622,436

Capital surplus

19,975

14,439Retained earnings

248,940

256,315

(14)

(14)

291,337

293,176244298(1,218)

82(974)380

Total liabilities

Net assets
Shareholders' equity

Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Total accumulated other comprehensive income
Subscription rights to shares

345

345

Non-controlling interests

21,787

19,211

Total net assets

312,495

313,112¥806,778¥871,712

Total liabilities and net assets

4Consolidated Quarterly Statements of Income(Millions of yen)

Net sales

Three months ended

Three months endedSeptember 30, 2017

September 30, 2018

AmountAmount¥223,433¥250,080

164,165

183,348

59,26866,732

44,96852,22914,30014,503

Interest and dividend income

228

487

Amortization of negative goodwill

2222

Equity in earnings of affiliates

56

2,513

Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income

Other

759

1,353

1,065

4,375

688

823

Cost of claim's liquidation

106

79

Other

270

59

1,064

961

14,301

17,917

Gain on sales of non-current assets

10

Other00

Total extraordinary income10

Total non-operating income
Non-operating expenses
Interest expenses

Total non-operating expenses
Ordinary income
Extraordinary income

Extraordinary losses
Loss on retirement of non-current assets

36

Loss on closing of stores

50

32

Loss on disaster

2232

Other

13

968279Profit before income taxes

Total extraordinary losses

14,234

17,638

Income taxes - Current

5,071

5,352

Income taxes - Deferred24

2Total income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent

55,095

5,354

9,139

12,284674638¥8,465¥11,646

Consolidated Quarterly Statements of Comprehensive Income(Millions of yen)

ProfitThree months ended

Three months ended

September 30, 2017

September 30, 2018

AmountAmount¥9,139¥12,284

Valuation difference on available-for-sale securities

185

55

Foreign currency translation adjustment

541

1,300

0(2)

726

1,353

Comprehensive income¥9,865¥13,637

Comprehensive income attributable toComprehensive income attributable to owners of parent¥9,192¥12,999

673

638

Other comprehensive income

Share of other comprehensive income of affiliates
accounted for using equity method
Total other comprehensive income

Comprehensive income attributable
to non-controlling interests

6Consolidated Quarterly Statements of Cash Flows
Three months ended
September 30, 2017
AmountCash flows from operating activities:
Profit before income taxes
Depreciation
Amortization of negative goodwill
Increase (decrease) in provisionInterest and dividend income
Interest expenses
Equity in earnings of affiliates
Decrease (increase) in notes and accounts receivable - trade
Increase in inventories
Increase in notes and accounts payable - trade
Other, net
SubtotalInterest and dividend income received
Interest expenses paid
Payments for loss on disaster
Income taxes paid
Net cash provided by operating activities
Cash flows from investing activities:
Purchase of property, plant and equipment
Proceeds from sales of property, plant and equipment
Purchase of intangible assets
Payments for lease and guarantee deposits
Proceeds from collection of lease and guarantee deposits
Payment for store opening in progress
Purchase of shares of subsidiaries resulting
in change in scope of consolidation
Collection of loans receivable
Other, net
Net cash used in investing activities
Cash flows from financing activities:
Proceeds from long-term loans payable
Repayment of long-term loans payable
Redemption of bonds
Repayments of payables under fluidity lease receivables
Cash dividends paid
Cash dividends paid to non-controlling interests
Payments from changes in ownership interests in subsidiaries
that do not result in change in scope of consolidation
Other, net
Net cash provided by financing activities
Effect of exchange rate change on cash and cash equivalents
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning of period
Increase in cash and cash equivalents from newly consolidated subsidiary
Cash and cash equivalents at end of period

7(Millions of yen)Three months ended
September 30, 2018
Amount¥14,234
3,815
(22)
(113)
(228)
688
(56)
(263)
(3,158)
4,937
879
20,713145(372)－(8,101)
12,385¥17,6384,448(22)
94(487)823(2,513)407(1,145)
4,521(110)
23,654430(1,014)(158)(8,309)14,603(11,277)
4(168)(22)
11(392)(13,450)0(490)(1,212)235(411)(16,283)－0(140)(28,267)636
69(14,623)

105,000(2,681)(1,608)(1,878)(3,322)(788)

65,000(2,970)(1,108)(1,878)(4,271)(808)－(4,322)

3
94,726424
79,26878,094－(52)
49,591
428
49,99975,8830¥157,362¥125,882

Segment Information
For the first quarter ended September 30, 2018
1. Information concerning sales and income by reporting segment(Millions of yen)
Reporting segment
Retailbusiness

Rentbusiness

Sub Total

Others(Note 1)

Total

Adjustment Consolidated(Note 2)
(Note 3)¥242,703¥5,480¥248,183¥1,897¥250,080¥－¥250,080

149

5,772

5,921

2,298

8,219

(8,219)－Total242,852

11,252

254,104

4,195

258,299(8,219)250,080

Segment income¥8,151¥4,374¥12,525¥1,862¥14,387¥116¥14,503

Sales, Segment income
Sales
Sales to third parties
Intersegment sales

Notes
1. The other businesses segment includes the services of real estate business and marketing business that are notincluded in other reporting segments.
2. The ¥ 116 million adjustment to segment income is an intersegment elimination.
3. Segment income is adjusted to the quarterly consolidated operating income.
2. Information concerning impairment loss of fixed assets or goodwill by reporting segment
Not applicable
For the first quarter ended September 30, 2017
1. Information concerning sales and income by reporting segment(Millions of yen)
Reporting segment

Adjustment Consolidated(Note 2)
(Note 3)

Sub Total

Others(Note 1)

Total

¥5,232¥221,730¥1,703¥223,433¥－¥223,433

245

5,295

5,540

2,256

7,796

(7,796)－Total

216,743

10,527227,270

3,959

231,229(7,796)

223,433

Segment income¥8,847¥4,321¥13,168¥1,067¥14,235¥65¥14,300

Retailbusiness

Rentbusiness¥216,498

Sales, Segment income
Sales
Sales to third parties
Intersegment sales

Notes
1. The other businesses segment includes the services of real estate business and marketing business that are notincluded in other reporting segments.
2. The ¥ 65 million adjustment to segment income is an intersegment elimination.
3. Segment income is adjusted to the quarterly consolidated operating income.
2. Information concerning impairment loss of fixed assets or goodwill by reporting segment
In the retail business segment, the increase of goodwill resulting from the acquisition of all shares of QSI, Inc. was¥13,794 million during the three months ended September 30, 2017.

8