Summary Report of Consolidated Financial Results
For the Nine Months Ended March 31, 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 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 nine months ended 31 March, 2018
(1) Results of Business Operations(Millions of yen, except per-share data)
Operating
OrdinaryNet Sales
Change (%)
Change (%)
Change (%)
IncomeIncomeNine Months Ended
703,156
13.4
40,0607.9
43,441
20.6
March 31, 2018
Nine Months Ended
619,987
8.9
37,1386.3
36,006
2.1
March 31, 2017
(Note) Comprehensive income: 29,984 million yen [△10.8%] (FY 2018.6 3Q), 33,608 million yen [50.0%] (FY 2017.6 3Q)
ProfitAttributable toOwners of Parent
Nine Months Ended
March 31, 2018
Nine Months Ended
March 31, 2017

Change (%)

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

27,1630.7

171.71

171.43

26,97736.7

170.59170.53(2) Financial Position(Millions of yen, except per-share data)

Ratio of Shareholders’ Equity
to Total Assets (%)
As of March 31, 2018797,445
305,238
35.6
June 30, 2017
642,868
279,930
40.3(Reference) Equity: 283,787 million yen (as of March 31, 2018), 259,053 million yen (as of June 30, 2017)
Total Assets

Net assets

2. Dividends
Three Months Ended
September 30
Year Ended June 30,
2017Year Ending June 30,
2018Year Ending June 30,2018 (Forecast)

Six Months Ended
December 31

YenNine Months
Ended March 31

－

5.00

－－

5.00

－

Year Ended June30

Total

21.00

26.00

22.00

27.00

(Note) Revision to the dividend forecast in the third quarter of fiscal 2018: None
3. Consolidated Business Forecast：For the year ending June 30, 2018 (From July 1, 2017 to June 30, 2018)(Millions of yen, except per-share data)
ProfitNet

ChangeOperating

ChangeSales(%)

Income(%)

Ordinary
IncomeChangeAttributable toChange(%)

Owners of(%)

ParentYear Ending
June 30, 2018
(Note)

935,000

12.8

51,00010.4

54,000

Revision to the business forecast in the third quarter of fiscal 2018: Yes

1

18.6

33,3000.7

Net Incomeper Share(Yen)
210.51

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)
March 31, 2018
158,193,160 shares
June 30, 2017
158,178,760 shares② Number of treasury stock
March 31, 2018
4,633 shares
June 30, 2017
4,633 shares③ Average number of outstanding shares during the period
March 31, 2018
158,185,115 shares
March 31, 2017
158,140,328 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 May 8,2018. Presentation materials will be available on the Company’s website.

2Consolidated Quarterly Balance Sheets(Millions of yen)
As of March 31,

As of June 30,

2018

2017

AmountAmountAssetsCurrent assets
Cash and deposits¥74,521¥76,340

Notes and Accounts receivable-trade

14,425

8,966

Merchandise

137,168

123,969

Other

25,071

18,328(49)(18)

251,136

227,585

Buildings and structures, net

130,101

118,623

Tools, furniture and fixtures, net

20,245

17,249Land

175,660

171,018

5,469

3,876

331,475

310,766

Goodwill

18,769

5,363

Other

10,55910,525

Total intangible assets

29,32815,888Investment securities

30,2597,539

Long-term loans receivable

97,124

23,171

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

Lease and guarantee deposits

44,77540,474Other

15,043

19,146

Allowance for doubtful accounts(1,695)(1,701)

Total investments and other assets

185,506

88,629Total non-current assets

Total assets

3546,309415,283¥797,445¥642,868

(Millions of yen)
As of March 31,

As of June 30,

2018

2017

AmountAmountLiabilities
Current liabilities
Accounts payable-trade¥93,159¥85,661

287

285

Current portion of long-term loans payable

17,792

5,421

Current portion of bonds

3,816

19,316

Payables under fluidity lease receivables

7,234

7,152

Income taxes payable

6,739

9,128

Short-term loans payable

Provision for point card certificates

1,788

1,691

Other

35,69836,171

Total current liabilities

166,513

164,825

Bonds payable91,874

74,890Long-term loans payable

200,515

84,638Long-term payables under fluidity lease receivables

13,93019,366

Asset retirement obligations

6,384

6,000

288

353

Non-current liabilities

Negative goodwill
Other

12,703

12,866

Total non-current liabilities

325,694

198,113492,207362,938

22,43622,425

Total liabilities

Net assets
Shareholders' equity
Capital stock
Capital surplus

19,975

19,425Retained earnings

239,698

216,446

(14)

(14)

282,095

258,282306

326

Foreign currency translation adjustment

1,386

445

Total accumulated other comprehensive income

1,692

771

98

98

21,353

20,779Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities

Subscription rights to shares
Non-controlling interests
Total net assets

Total liabilities and net assets

4305,238

279,930¥797,445¥642,868

Consolidated Quarterly Statements of Income
Nine months ended
March 31, 2018

(Millions of yen)
Nine months ended
March 31, 2017

AmountAmountNet sales¥703,156¥619,987

Cost of sales

522,541456,082

180,615

163,905

140,555

126,767

40,06037,138

1,091

690

65

65

Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest and dividend income
Amortization of negative goodwill
Equity in earnings of affiliates

3,110

471

Other

2,605

1,848

Total non-operating income

6,871

3,074

Non-operating expenses
2,148

842

Cost of claim’s liquidation

297

389

Commission fee

300

2,174

Interest expenses

Other745

801

3,490

4,206

43,441

36,006

Gain on sales of non-current assets

93

7,665

Gain on sales of shares of subsidiaries and affiliates－2,968

Other

23269

Total extraordinary income

116

10,902

Loss on retirement of non-current assets

128149Loss on closing of stores

126

592

Other

1370

Total non-operating expenses
Ordinary income
Extraordinary income

Extraordinary loss

267

811

Profit before income taxes

Total extraordinary losses

43,29046,097

Income taxes – Current

14,10015,579

Income taxes – Deferred

126(1,469)14,226

14,110

ProfitTotal income taxes

29,064

31,987

Profit attributable to non-controlling interests

1,901

5,010

¥27,163¥26,977

Profit attributable to owners of parent

5Consolidated Quarterly Statements of Comprehensive Income

ProfitNine months ended
March 31, 2018

(Millions of yen)
Nine months ended
March 31, 2017

AmountAmount¥29,064¥31,987

Other comprehensive income
Valuation difference on available-for-sale securities

(22)

258

Foreign currency translation adjustment
Share of other comprehensive income of affiliates
accounted for using equity method

940

1,364

2(1)

Total other comprehensive income

920

1,621

Comprehensive income¥29,984¥33,608

Comprehensive income attributable toComprehensive income attributable to owners of parent¥28,083¥28,625

1,901

4,983

Comprehensive income attributable tonon-controlling interests

6Consolidated Quarterly Statements of Cash Flows
Nine months ended
March 31, 2018
Amount(Millions of yen)
Nine months ended
March 31, 2017
AmountCash flows from operating activities:¥43,290¥46,097

12,552

11,770

Amortization of negative goodwill

(65)

(65)

Increase (decrease) in provision

147

(410)

Interest and dividend income(1,091)(690)

Interest expenses

2,148842

Gain on sales of non-current assets(93)(7,665)Gain on sales of shares of subsidiaries and affiliates－(2,968)

Gain on sales of investment securities－(215)

Equity in earnings of affiliates(3,110)(471)

Increase in notes and accounts receivable - trade(5,379)(2,800)

Increase in inventories(10,265)(473)

Increase in notes and accounts payable - trade

4,494

4,400

Other, net

2,714

7,514

Subtotal

45,342

54,866668

515Interest expenses paid

(1,766)(974)

Income taxes paid

(18,383)(12,760)

30

1,203

25,89142,850(32,875)(28,526)

Proceeds from sales of property, plant and equipment

1,063

12,546

Purchase of intangible assets

(455)

(672)

(1,668)(3,264)

Profit before income taxes
Depreciation

Interest and dividend income received

Income taxes refund
Net cash provided by operating activities
Cash flows from investing activities:
Purchase of property, plant and equipment

Payments for lease and guarantee deposits

77

213

(282)

(1,396)－

1,118(16,283)

－－

3,265

Purchase of shares of subsidiaries and affiliates(19,976)(3,481)

Payments of loans receivable(77,650)(22,682)

Collection of loans receivable

3,001

10,242332

3(144,716)(32,634)

Proceeds from collection of lease and guarantee deposits
Payment for store opening in progress
Proceeds from sales of investment securities
Purchase of shares of subsidiaries resulting in change
in scope of consolidation
Proceeds from sales of shares of subsidiaries resulting in change
in scope of consolidation

Other, net
Net cash used in investing activities
Cash flows from financing activities:
Net increase in short-term loans payable
Proceeds from long-term loans payable
7－1,249

134,689

44,060Repayment of long-term loans payable(5,627)(18,076)

Proceeds from issuance of bonds

19,90318,302

Redemption of bonds(18,516)(12,201)

Repayments of payables under fluidity lease receivables(5,635)(6,107)2379(4,113)(3,479)Cash dividends paid to non-controlling interests

(788)

(583)

Other, net(340)(2,202)

119,596

21,042

Effect of exchange rate change on cash and cash equivalents

(396)

(31)

Net increase in cash and cash equivalents

375

31,22778,09444,496－103－49¥78,469¥75,875

Proceeds from issuance of common shares
Cash dividends paid

Net cash provided by financing activities

Cash and cash equivalents at beginning of period
Increase in cash and cash equivalentsfrom newly consolidated subsidiary
Increase in cash and equivalents resulting
from change of accounting period of consolidated subsidiaries
Cash and cash equivalents at end of period

Segment Information
For the nine months ended March 31, 2018
1. Information concerning sales and income by reporting segment(Millions of yen)
Reporting segment
Retailbusiness

Rentbusiness

Sub TotalOthers(Note 1)

Total

Adjustment Consolidated(Note 2)
(Note 3)¥682,198¥15,914¥698,112¥5,044¥703,156¥－¥703,156

555

16,167

16,722

6,777

23,499(23,499)－Total682,753

32,081

714,834

11,821

726,655(23,499)

703,156

Segment income¥22,123¥13,340¥35,463¥4,552¥40,015¥45¥40,060

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 ¥45 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(Significant impairment losses on non-current assets)
Not applicable(Significant changes in goodwill)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 first quarter of the current fiscal year. The amount of goodwill had been calculated
tentatively because the distribution of acquisition cost was not completed. The distribution was finalized in the second
quarter, and there was no revision to the goodwill value.
(Significant gain on negative goodwill)
Not applicable

8For the nine months ended March 31, 2017
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)¥599,517¥15,450¥614,967¥5,020¥619,987¥－¥619,987

374

14,89015,264

7,081

22,345(22,345)－Total599,891

30,340630,231

12,101

642,332(22,345)619,987

Segment income¥19,673¥12,520¥32,193¥5,009¥37,202¥(64)¥37,138

Sales, Segment income
Sales
Sales to third parties
Intersegment sales

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 ¥(64) 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(Significant impairment losses on non-current assets)
Information is omitted since it is immaterial.
(Significant changes in goodwill)
The goodwill of other business decreased ¥1,097 million by selling stocks of Accretive Co., Ltd. partly, and having
removed from the scope of consolidation in the third quarter of fiscal 2017.
(Significant gain on negative goodwill)
Not applicable9