Summary Report of Consolidated Financial Results
For the Fiscal Year Ended June 30, 2016

(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:
Koji Oohara, 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 fiscal year ended June 30, 2016
(1) Consolidated Results(Millions of yen, except per-share data)
ProfitChange Operating Change
Ordinary Change
ChangeNet Sales
Attributable to(%)(%)
Income(%)
Income(%)
Owners of Parent
Fiscal year ended
759,592
11.1
43,185
10.4
43,797
9.1
24,938
7.7
June 30, 2016
Fiscal year ended
683,981
11.7
39,10314.0
40,16013.2
23,1487.8
June 30, 2015
(Note) Comprehensive income: 26,628 million yen [△10.9%] (FY 2016.6), 29,892 million yen [21.3%] (FY 2015.6)
Net Income
Per Share(Yen)

Net Income
Per Share-fully
diluted (Yen)

Return on
Equity (%)

Ordinary
Income on Total
Assets (%)

Operating
Income on
Net Sales (%)

Fiscal year ended
157.76
157.6511.2
8.2
5.7
June 30, 2016
Fiscal year ended
147.09146.63
11.6
8.6
5.7
June 30, 2015
(Reference) Equity in losses of affiliates: －(FY 2016.6), 1 million yen (FY 2015.6)(Note) On July 1, 2015, we conducted a 2-for-1 common stock split. Net Income Per Share and Net Income Per Share-fully
diluted have been calculated on the presumption that the stock split was conducted at the beginning of the previous fiscal
year.
(2) Financial Position(Millions of yen, except per-share data)

Total Assets

Net assets

Ratio of Shareholders’ Equity
to Total Assets (%)

Net Assets
per Share (Yen)

As of560,568
244,54741.3
1,464.31
June 30,2016
June 30,2015
505,666
221,36742.0
1,344.64(Reference) Equity: 231,528 million yen (as of June 30, 2016), 212,341 million yen (as of June 30, 2015)(Note) On July 1, 2015, we conducted a 2-for-1 common stock split. Net Assets per Share have been calculated on thepresumption that the stock split was conducted at the beginning of the previous fiscal year.
(3) The Consolidated Statements of Cash Flows

Fiscal year ended
June 30, 2016
Fiscal year ended
June 30, 2015

(Millions of yen)

Cash Flows fromOperating Activities

Cash Flows from
Investing Activities

Cash Flows from
Financing Activities

Cash and Cash
Equivalents

29,110(52,197)

17,14844,49642,520(52,641)

16,176

51,292

2. Dividends
Dividends intotal (annual,Millions of yen)

Dividend payout
ratio (consolidated
basis, %)Dividends on net
assets (consolidated
basis, %)

40.00

3,156

13.6

1.6

17.00

22.00

3,478

13.9

1.6

18.00

23.00

Dividend per share (yen)Year Ended June 30,
2015
Year Ended June 30,
2016
Year Ending June 30,
2017 (Forecast)

Six Months Ended
December 31

Year Ended
June 30

Total

10.00

30.00

5.00
5.00

―

(Note) On July 1, 2015, we conducted a 2-for-1 common stock split. For the fiscal year ended June 30, 2015, the actual
amount of dividends before the said stock split is presented.
1

3. Consolidated Business Forecast： For the year ending June 30, 2017 (From July 1, 2016 to June 30, 2017)(Millions of yen, except per-share data)

Six Months Ending
December 31, 2016
Year Ending
June 30, 2017

Net Sales

Change(%)

Operating
IncomeChange(%)

Ordinary
IncomeChange(%)

ProfitAttributableto Owners of
ParentChange(%)

Net Income per
Share(Yen)

415,000

7.9

26,0001.7

26,2001.3

14,5001.9

91.71

820,000

8.0

45,0004.2

45,5003.9

26,8007.5

169.504. Others(1) Significant changes in the scope of consolidation: Yes
Newly consolidated: Don Quijote Holdings Retail Management Co., Ltd. Excluded:－(2) Changes in accounting policies, procedures, and methods of presentation for preparing the consolidated financial
statements① Changes in line with revision to accounting standards: Yes② Other changes: None
③ Changes in accounting estimates: None
④ Restatement: None
(3) Number of outstanding shares (Common stock)① Number of outstanding shares (Treasury shares included) June 30, 2016
158,118,160 shares
June 30, 2015
157,918,960 shares② Number of treasury shares
June 30, 2016
4,633 shares
June 30, 2015
2,488 shares③ Average number of outstanding shares during the period
June 30, 2016
158,082,461 shares
June 30, 2015
157,371,496 shares(Note) On July 1, 2015, we conducted a 2-for-1 common stock split. Number of outstanding shares have been
calculated on the presumption that the stock split was conducted at the beginning of the previous fiscal year.
(4) Changes in accounting policies, changes in financial estimates and restatements(Application of “Accounting Standard for Business Combinations” and other applicable standards)
From the beginning of the fiscal year ended June 30, 2016, Don Quijote Holdings Co., Ltd. has applied the“Accounting standard for Business Combinations” (ASBJ Statement No. 21, September 13, 2013), “AccountingStandard for Consolidated Financial Statements” (ASBJ Statement No. 22, September 13, 2013), “AccountingStandard for Business Divestitures” (ASBJ Statement No. 7, September 13, 2013), and other applicable standards.
Accordingly, the Company has applied these accounting standards. As a result, the method of recording the amountof difference caused by changes in equity in subsidiaries which the Company continues to control was changed torecord as capital surplus, and the method of recording acquisition-related costs has been changed to recognize as
period expenses for the fiscal year in which they are incurred. Furthermore, for business combinations that are
carried out on or after July 1, 2015 , the accounting method has been changed to an adjusted acquisition costallocation updated from the tentative accounting treatment and is reflected on the consolidated financial statementsof the fiscal year in which the business combination occurs. In addition, the change in the presentation method of
net income (loss) and minority interests to non-controlling interests have been applied. To reflect these changes, theconsolidated financial statements for the previous fiscal year have been reclassified.
Also from the beginning of the fiscal year ended June 30, 2016 , disbursements for acquisitions or proceeds fromsales of shares of subsidiaries without change of scope of consolidation have been presented in cash flows fromfinancing activities, and cash out flows from acquisition related costs for acquisitions of shares of subsidiaries withchange of scope of consolidation and cash out flows from acquisition or sale related costs for shares of subsidiaries
without change of scope of consolidation have been presented in cash flows from operating activities on consolidated
statements of cash flows.
Application of the Accounting Standard for Business Combinations and other applicable standards is in line withthe transitional measures that are provided in Paragraph 58-2(4) of the Accounting Standard for Business
Combinations, Paragraph 44-5(4) of the Accounting Standard for Consolidated Financial Statements, andParagraph 57-4(4) of the Accounting Standard for Business Divestitures, and is effective from the beginning of the2fiscal year ended June 30, 2016.
The effect of these changes on consolidated financial statements for the fiscal year ended June 30, 2016 isimmaterial.
(Application of Practical Solution on a Change in Depreciation Method Due to Tax Reform 2016)
Following the revision to Corporation Tax Act, the Company has applied “Practical Solution on a Change inDepreciation Method Due to Tax Reform 2016” (ASBJ PITF No. 32, June 17, 2016) from the fiscal year ended June30, 2016, and changed the depreciation method for facilities attached to buildings and structures acquired on orafter April 1, 2016 from the declining-balance method to the straight-line method.
The effect on the consolidated financial statements for the fiscal year ended June 30, 2016 is immaterial.

※ Implementation Status of Financial Audit
This financial summary is not subject to audit under the Financial Instrument and Exchange Act.
Audit procedures for the consolidated financial statements are being conducted at the time of the announcement of
this financial summary.
※ Explanation regarding the appropriate use of forecasts of business results
The future business result forecasts included in the financial statements are based on the information available to thecompany at the time of the announcement and on certain assumptions considered reasonable. Thus, we do not makeany representation as to their achievability and undertake any obligation of their updates as a result of new
information. Actual results may differ widely from the forecasts for a variety of reasons, including changes in
economic environments related to our business, market trends and exchange rates.

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

As of June 30,

2016

2015

AmountAmountAssetsCurrent assets
Cash and deposits¥42,894¥49,717

Notes and Accounts receivable-trade

7,720

6,820

Purchased receivables

6,606

5,439

Merchandise and finished goods

117,400

94,580Prepaid expenses

3,214

2,918

Deferred tax assets

7,210

6,644

Other

10,999

9,914

(66)

(51)

195,977

175,981

Buildings and structures, net

108,114

96,021Tools, furniture and fixtures, net

16,616

14,009Land

165,185

150,647

238

77

1,899

1,373

292,052

262,127

Goodwill

6,852

7,409

Other

10,153

10,120Total intangible assets

17,005

17,529

5,736

6,425

Allowance for doubtful accounts
Total current assets

Non-current assets
Property, plant and equipment

Other, net
Construction in progress
Total property, plant and equipment
Intangible assets

Investments and other assets
Investment securities
Long-term loans receivable

864

914

Long-term prepaid expenses

2,754

2,202

Deferred tax assets

3,310

2,710

Lease and guarantee deposits

35,64532,817

Other

9,022

6,716

Allowance for doubtful accounts(1,797)(1,755)

Total investments and other assets

55,53450,029Total non-current assets

Total assets

4364,591

329,685¥560,568¥505,666

(Millions of yen)
As of June 30,

As of June 30,

2016

2015

AmountAmountLiabilities
Current liabilities
Accounts payable-trade¥70,194¥60,556

Short-term loans payable

1,680

1,921

Current portion of long-term loans payable

18,557

17,937

Current portion of bonds

12,686

18,740

Payables under fluidity lease receivables

7,147

7,040

Accrued expenses

8,799

9,948

Income taxes payable

5,573

8,454

Provision for point card certificates

1,327

938

Other

22,032

19,042

Total current liabilities

147,995

144,576

Bonds payable

76,471

62,690Long-term loans payable

45,08225,156Long-term payables under fluidity lease receivables

26,87634,023

Asset retirement obligations

5,177

3,777

Non-current liabilities

Negative goodwill

439

526

Other

13,981

13,551

Total non-current liabilities

168,026

139,723

316,021284,299

Capital stock

22,382

22,227

Capital surplus

25,21525,030Retained earnings

184,205

162,428

Total liabilities
Net assets
Shareholders' equity

Treasury shares
Total shareholders' equity

(14)

(3)

231,788

209,682

Accumulated other comprehensive income
Valuation difference on available-for-sale securities

12

569

Foreign currency translation adjustment

(272)

2,090

Total accumulated other comprehensive income

(260)

2,659

23

13

Subscription rights to shares
Non-controlling interests

12,996

9,013

Total net assets

244,547

221,367¥560,568¥505,666

Total liabilities and net assets

5Consolidated Statements of Income(Millions of yen)
Fiscal year ended
June 30, 2015

Fiscal year ended
June 30, 2016
AmountAmountNet sales¥759,592¥683,981

Cost of sales

557,699502,240

201,893

181,741

158,708

142,638

43,185

39,103

Interest and dividend income

706

639

Amortization of negative goodwill

86

96

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

Penalty income

869

922

Commission fee

426

406

Other

1,200

1,480

Total non-operating income

3,287

3,543

1,003

928

563

125

Non-operating expenses
Interest expenses paid on loans and bonds
Loss on valuation of derivatives
Bond issuance cost

213

261

Cost of claim's liquidation

601

675

Other

295

497

2,675

2,486

43,79740,160117

2

Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sales of non-current assets
Gain on bargain purchase－

168

Gain on insurance adjustment

－

138

Other

－

9

Total extraordinary income

117

317

1

368

179

198

Extraordinary losses
Loss on sales of non-current assets
Impairment loss
Loss on retirement of non-current assets

279

202

1,197

404

145

148

1,801

1,320

Profit before income taxes

42,11339,157

Income taxes - Current

13,515

14,379

Income taxes - Deferred(957)(2,154)

12,558

12,225

Profit29,55526,932

Profit attributable to non-controlling interests

4,617

3,784

¥24,938¥23,148

Loss on closing of stores
Other
Total extraordinary losses

Total income taxes

Profit attributable to owners of parent

6

Consolidated Statements of Comprehensive Income
Fiscal year ended
June 30, 2016
AmountProfit(Millions of yen)
Fiscal year ended
June 30, 2015
Amount¥29,555¥26,932

Other comprehensive income
(572)

101

Foreign currency translation adjustment

Valuation difference on available-for-sale securities(2,355)

2,859

Total other comprehensive income(2,927)2,960

Comprehensive income¥26,628¥29,892

Comprehensive income attributable toComprehensive income attributable to owners of parent¥22,020¥26,099

4,608

3,793

Comprehensive income attributable to non-controllinginterests

7

Consolidated statements of changes in net assets(Millions of yen)
Fiscal year ended

Fiscal year ended

June 30, 2016

June 30, 2015

AmountAmountShareholders' equity
Capital stock
Balance at beginning of current period¥22,227¥21,366

155

861

Changes of items during period
Issuance of new shares
Total changes of items during period
Balance at end of current period

155

861

22,382

22,22725,03024,169

155

861

30

－

185

861

25,21525,030

162,428

142,105

Capital surplus
Balance at beginning of current period
Changes of items during period
Issuance of new shares
Change in treasury shares of parent arising fromtransactions with non-controlling shareholders
Total changes of items during period
Balance at end of current period
Retained earnings
Balance at beginning of current period
Changes of items during period
Dividends of surplus(3,159)(2,825)

Profit attributable to owners of parent

24,93823,148(2)－

21,777

20,323

184,205

162,428(3)(3)

Purchase of treasury shares

(11)

－

Total changes of items during period

(11)

－

(14)

(3)

209,682

187,637

Change of scope of equity method
Total changes of items during period
Balance at end of current period
Treasury shares
Balance at beginning of current period
Changes of items during period

Balance at end of current period
Total shareholders' equity
Balance at beginning of current period
Changes of items during period
Issuance of new shares

310

1,722

Dividends of surplus(3,159)(2,825)

Profit attributable to owners of parent

24,93823,148Purchase of treasury shares

(11)

－

Change of scope of equity method

(2)

－

30

－

Change in treasury shares of parent arising fromtransactions with non-controlling shareholders
Total changes of items during period
Balance at end of current period

822,10622,045¥231,788¥209,682

(Millions of yen)
Fiscal year ended

Fiscal year ended

June 30, 2016

June 30, 2015

AmountAmountAccumulated other comprehensive income
Valuation difference on available-for-sale securities
Balance at beginning of current period

¥569

¥472

Changes of items during period
Net changes of items other than shareholders' equity

(557)

97

Total changes of items during period

(557)

97

12

569

2,090

(764)

Net changes of items other than shareholders' equity(2,362)

2,854

Total changes of items during period(2,362)

2,854

(272)

2,090

2,659

(292)

Net changes of items other than shareholders' equity(2,919)2,951

Total changes of items during period(2,919)

2,951

(260)

2,659

13

－

Balance at end of current period
Foreign currency translation adjustment
Balance at beginning of current period
Changes of items during period

Balance at end of current period
Total accumulated other comprehensive income
Balance at beginning of current period
Changes of items during period

Balance at end of current period

Subscription rights to shares
Balance at beginning of current period
Changes of items during period
Net changes of items other than shareholders' equity

10

13

Total changes of items during period

10

13

23

13

9,013

5,819

Net changes of items other than shareholders' equity

3,983

3,194

Total changes of items during period

3,983

3,194

12,996

9,013

221,367

193,164

Balance at end of current period

Non-controlling interests
Balance at beginning of current period
Changes of items during period

Balance at end of current period

Total net assets
Balance at beginning of current period
Changes of items during period
Issuance of new shares

310

1,722

Dividends of surplus(3,159)(2,825)

Profit attributable to owners of parent

24,93823,148Purchase of treasury shares

(11)

－

Change of scope of equity method

(2)

－

30

－

Net changes of items other than shareholders' equity

1,074

6,158

Total changes of items during period

23,18028,203¥244,547¥221,367

Change in treasury shares of parent arising fromtransactions with non-controlling shareholders

Balance at end of current period

9Consolidated Statements of Cash Flows

Cash flows from operating activities:
Profit before income taxes
Depreciation and amortization
Impairment loss
Amortization of negative goodwill
Gain on bargain purchase
Increase (decrease) in allowance for doubtful accounts
Decrease in provision for directors' retirement benefits
Interest and dividend income
Interest expenses paid on loans and bonds
Loss on sales and retirement of property, plant and equipment
Loss on store closings
Offset payments for house rental fee with lease and guarantee deposits
Increase in notes and accounts receivable-trade
Increase in inventories
Increase in notes and accounts payable-trade
Decrease in other current assets
Increase (decrease) in other current liabilities
Decrease in other non-current liabilities
Other, net
SubtotalInterest and dividend income received
Interest expenses paid
Income taxes paid
Income taxes refund
Surcharge paid
Net cash provided by operating activities
Cash flows from investing activities:
Payments into time deposits
Proceeds from withdrawal of time deposits
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
Proceeds from purchase of shares of subsidiaries resulting in change
in scope of consolidation
Payments of loans receivable
Other, net
Net cash used in investing activities

10

Fiscal year ended
June 30, 2016
Amount(Millions of yen)
Fiscal year ended
June 30, 2015
Amount¥42,113
15,092
179
(86)
－
60
－
(706)
1,003
163
1,197
1,457
(2,264)(23,022)
9,745
3
(8)
(11)
842
45,757500(1,005)(17,772)
1,630－
29,110¥39,157
13,003
198
(96)
(168)
(2)
(360)
(639)
928
567
599
1,279
(93)
(4,519)
4,600
517
1,466
(134)
1,704
58,007456(892)(15,499)557(109)42,520(89)389(43,736)
1,144
(465)
(4,492)170(3,341)(50)
891(46,633)
252(779)(4,791)
2,264(1,417)－(1,581)－713(1,685)(92)¥(52,197)(231)(1,279)¥(52,641)

Fiscal year ended
June 30, 2016
Amount(Millions of yen)
Fiscal year ended
June 30, 2015
Amount¥(110)
38,934(18,019)
26,680(19,173)－(7,621)310(3,159)(646)(48)
17,148¥(384)
13,414(25,932)
37,836(7,110)7,461(7,349)1,722(2,825)(602)(55)
16,176(825)(6,764)
51,292

1,132
7,187
44,105(32)－¥44,496¥51,292

Cash flows from financing activities:
Net decrease in short-term loans payable
Proceeds from long-term loans payable
Repayments of long-term loans payable
Proceeds from issuance of bonds
Redemption of bonds
Proceeds from fluidity of lease receivables
Repayments of payables under fluidity lease receivables
Proceeds from issuance of common shares
Cash dividends paid
Cash dividends paid to non-controlling interests
Other, net
Net cash provided by financing activities
Effect of exchange rate change on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Decrease in cash and cash equivalents resulting from exclusion ofsubsidiaries from consolidation
Cash and cash equivalents at end of period

Segment Information
1. Overview of Reporting Segments
The Company’s reporting segments are those for which financial information separate from that of other units
comprising the Group can be obtained. These reporting segments are the subject of regular reviews by the board of
directors for determining the allocation of management resources and assessment of business results.
The Group regards “Retail business” and “Rent business” as reporting segments from scope of business. The “Retailbusiness” presents stores such as "Don Quijote", "MEGA Don Quijote", "Nagasakiya", "Doit". The “Rent business”
operates a tenant invitation in the shopping malls and management.
2. Calculation of net sales, profit and loss, and assets, etc.
The same accounting method with which is applied to the consolidated financial statements is applied to segment
accounting.
Income of reporting segment and others are calculated based on operating income.
Intersegment sales and transfers calculated based on market value.

11

3. Information related to net sales, profit and loss, and assets, etc. by reporting segment
For the Fiscal Year Ended June 30, 2016
(Millions of yen)
Reporting segment
RetailbusinessRentbusiness

Sub Total

Others(Note 1)

Total

Adjustment Consolidated(Note 2)
(Note 3)¥733,333¥19,781¥753,114¥6,478¥759,592¥―¥759,592

16

18,026

18,042

8,486

26,528(26,528)―

Total

733,349

37,807771,156

14,964

786,120(26,528)

759,592

Segment income

22,74614,15936,905

6,733

43,638(453)

43,185

Segment Assets

342,763

211,166

553,92961,752615,681(55,113)560,568

9,956

4,551

14,507351

14,858234

15,092

Sales, Segment income
Sales
Sales to third parties
Intersegment sales

Others (Note 4)(1) Depreciation expenses(2) Increase in property, plant¥22,519¥28,668¥51,187¥424¥51,611¥(5,785)¥45,826
and equipment, andintangible assets
Notes
1. The other businesses segment includes the services of real estate business, marketing business and financial service
business that are not included in other reporting segments.
2. The ¥(453) million adjustment to segment income is an intersegment elimination.
The ¥(55,113) million adjustment to segment assets includes ¥43,548 million of companywide assets not allocated to
the respective reporting segments, and ¥ (98,661) million of net eliminations for intersegment transaction.
3. Segment income is adjusted to the consolidated operating income.
4. Increase in property, plant and equipment, and intangible assets includes long-term prepaid expenses.
For the Fiscal Year Ended June 30, 2015
(Millions of yen)
Reporting segment
RetailbusinessRentbusiness

Sub Total

Others(Note 1)

Total

Adjustment Consolidated(Note 2)
(Note 3)¥659,931¥18,200¥678,131¥5,850¥683,981¥―¥683,981

3

15,796

15,7996,308

22,107(22,107)―

Total

659,934

33,996

693,930

12,158706,088(22,107)683,981

Segment income

21,417

12,714

34,131

5,372

39,503(400)

39,103

Segment Assets

293,398

178,867

472,265

56,759529,024(23,358)

505,666

8,357

3,948

12,305339

12,644359

13,003

Sales, Segment income
Sales
Sales to third parties
Intersegment sales

Others (Note 4)(1) Depreciation expenses(2) Increase in property, plant¥21,775¥26,445¥48,220¥55¥48,275¥(259)¥48,016and equipment, andintangible assets
Notes
1. The other businesses segment includes the services of real estate business, marketing business and financial service
business that are not included in other reporting segments.
2. The ¥(400) million adjustment to segment income is an intersegment elimination.
The ¥(23,358) million adjustment to segment assets includes ¥60,077 million of companywide assets not allocated to
the respective reporting segments, and ¥ (83,435) million of net eliminations for intersegment transaction.
3. Segment income is adjusted to the consolidated operating income.
4. Increase in property, plant and equipment, and intangible assets includes long-term prepaid expenses.

12