Translation
Notice:This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any
discrepancy between this translated document and the original Japanese document, the latter shall prevail.

Summary of Consolidated Financial Results
for the Three Months Ended June 30, 2013
(Based on Japanese GAAP)
August 9, 2013
Company nameInabata & Co., Ltd.
Stock exchange listing Tokyo
Stock Code8098
URL http://www.inabata.co.jp
Representative
Director, President
Katsutaro Inabata
Inquiries
Director, Executive Officer
Kenichi Yokota
Scheduled date to file Quarterly Securities ReportAugust 13, 2013
Scheduled date to commence dividend payments
Preparation of supplementary material on quarterly earnings
Holding of quarterly earnings performance review

TEL

03-3639-6421

nono(Amounts less than one million yen are rounded down)

1. Consolidated financial results for the three months ended June 30, 2013 (from April 1, 2013 to June 30, 2013)(1) Consolidated operating results (cumulative)
Percentages indicate year-on-year changes
Net sales
Three months ended June 30, 2013
Three months ended June 30, 2012

Millions of yen134,830
120,295

Operating income% Millions of yen
12.1
2,750
2.9
1,886

Net income per share

Ordinary income% Millions of yen
45.8
3,489
5.7
2,452

% Millions of yen
42.3
2,465
22.0
1,919

%
28.4
50.6

Diluted net income per share

Yen
38.96
29.96

Three months ended June 30, 2013
Three months ended June 30, 2012

Net income

Yen-(2) Consolidated financial position
Total assets

Net assets

Millions of yen
283,681276,932

As of June 30, 2013
As of March 31, 2013

Equity ratio

Millions of yen
100,054
98,712

%
35.0
35.4

2. Cash dividends
Annual dividends
1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen-Yen
10.00

Yen-

Yen
13.00

Yen
23.00

11.00

-12.0023.00

Year ended March 31, 2013
Year ending March 31, 2014
Year ending March 31, 2014 (Forecast)Total

3. Forecast for the year ending March 31, 2014 (from April 1, 2013 to March 31, 2014)

Net sales
Millions of yen
Six months ending
September 30, 2013
Full year㻌Percentages indicate year-on-year changes
Net income
Operating income
Ordinary income
Net income
per share% Millions of yen% Millions of yen% Millions of yen%
Yen

270,000

14.7

5,000

35.1

5,500

25.3

3,500

10.7

55.32

510,000

1.8

9,000

10.3

10,000(0.3)

6,000(14.1)

94.83

14. Notes(1) Changes in significant subsidiaries during the three months ended June 30, 2013(changes in specified subsidiaries resulting in the change in scope of consolidation):(2) Application of special accounting for preparing quarterly consolidated financial statements:

nono(3) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements after error corrections
Changes in accounting policies due to revisions to accounting standards and other regulations:
Changes in accounting policies due to other reasons:noyes

Changes in accounting estimates:
Restatement of prior period financial statements after error corrections:yesno(4) Number of issued shares
Total number of issued shares at the end of the period (including treasury stock)
As of June 30, 2013

65,159,227 shares As of March 31, 2013

65,159,227 shares

Number of shares of treasury stock at the end of the period
As of June 30, 2013

1,887,600 shares As of March 31, 2013

1,887,522 shares

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Three months ended June 30, 2013

㻌63,271,664 shares Three months ended June 30, 2012

264,068,553 shares

㻌

Quarterly consolidated financial statements
Consolidated balance sheets(Millions of yen)
As of March 31, 2013

As of June 30, 2013

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable-trade

19,258
137,571

17,412
145,746

Merchandise and finished goods
Work in process

31,418705

35,291492

Raw materials and supplies
Other

2,616
6,405

3,703
6,235

Allowance for doubtful accounts

(671)

(751)

197,303

208,129

Property, plant and equipment
Intangible assets

9,690
4,220

11,0744,192

Investments and other assets
Investment securities

60,27854,297

Other
Allowance for doubtful accounts

6,477(1,036)

6,909
(921)

Total investments and other assets

65,71860,285

Total current assets
Noncurrent assets

Total noncurrent assets
Total assets

79,62975,552276,932

283,681

Liabilities
Current liabilities
Notes and accounts payable-trade85,78992,419

Short-term loans payable
Income taxes payable
Provision for bonuses

57,341
1,429
908

58,217710
562

Provision for loss on business liquidation
Other

252
4,688

164
4,933

Total current liabilities

150,410

157,008

Noncurrent liabilities
Long-term loans payable

10,73011,822

Provision for retirement benefits
Provision for directors' retirement benefits

638
22740
23

Provision for loss on business liquidation
Provision for loss on guarantees

34
18

37
18

Other

16,364

13,975

Total noncurrent liabilities

27,80826,619178,219

183,627

Total liabilities

㻌3㻌(Millions of yen)
As of March 31, 2013

As of June 30, 2013

Net assets
Shareholders' equity
Capital stock

9,364

Capital surplus

7,708

7,708

Retained earnings

56,48959,056

Treasury stock

(934)

(934)

72,62775,194

28,692

24,128Deferred gains or losses on hedges
Foreign currency translation adjustment30(3,424)(14)(36)

Total accumulated other comprehensive income

25,297

24,077

Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securitiesMinority interests

787

781

Total net assets

98,712100,054

276,932

283,681

Total liabilities and net assets

㻌9,3644㻌Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)
Consolidated statements of income (cumulative)(Millions of yen)Three months ended
June 30, 2012

Three months ended
June 30, 2013

Net sales
Cost of sales

120,295
112,058

134,830
125,509

Gross profit

8,236

9,320

Selling, general and administrative expenses

6,350

6,570

Operating income

1,886

2,750

Interest income
Dividends income

64398

77452

Foreign exchange gains
Equity in earnings of affiliates

30227

133
176

Non-operating income

Miscellaneous income

147

153

Total non-operating income

868

992

256
45228
25

Non-operating expenses
Interest expenses
Miscellaneous loss
Total non-operating expenses

302

253

2,452

3,489

Insurance income
Gain on sales of noncurrent assets

118

107
-

Total extraordinary income

118

107

Ordinary income
Extraordinary income

Income before income taxes and minority interests

2,571

3,596

Income taxes-current
Income taxes-deferred

342
274

782
316

Total income taxes

617

1,099

1,953

2,497

34

32

1,919

2,465

Income before minority interests
Minority interests in income
Net income㻌5㻌Consolidated statements of comprehensive income (cumulative)(Millions of yen)Three months ended
June 30, 2012
Income before minority interests
Other comprehensive income

1,953

2,497

Valuation difference on available-for-sale securities
Deferred gains or losses on hedges(2,611)(49)(4,603)(39)

Foreign currency translation adjustment
Share of other comprehensive income of associates accounted

1,498

909

100286(1,062)(3,447)

Comprehensive income

891

(949)

Comprehensive income attributable toComprehensive income attributable to owners of the parent
Comprehensive income attributable to minority interests

831
59(992)42

for using equity method
Total other comprehensive income㻌㻌Three months ended
June 30, 20136