Summary of Business Results for the First Quarter Ended June 30, 2018
[Japan GAAP] (Consolidated)
July 31, 2018
Company
Stock CodeRepresentativeContact

SWCC SHOWA HOLDINGS CO., LTD.

Listed on the TSE
URL:http://www.swcc.co.jp

5805
Takayo Hasegawa, President and Representative Director
Tetsuo Komata, Manager of Business Planning Dept., Business
T E L: +81-44-223-0520
Strategy Headquarters
Expected date of filing of quarterly report: August 3, 2018
Expected starting date of dividend payment: Preparation of quarterly supplementary financial document: Yes
Quarterly results briefing: None（Rounded down to million yen）

１. Consolidated business results for the three months ended June 2018
(April 1, 2018 through June 30, 2018)(1) Consolidated results of operations(% change from the previous corresponding period)

Net sales
Three months ended Jun. 2018
Three months ended Jun. 2017
(Note) Comprehensive income

Operating income

Million yen
42,36338,906%8.9
8.9

Million yen
1,229
1,192%
3.1-

Ordinary income
Million yen
1,088922%
18.0-

Net income attributable toowners of parent

Million yen
812-82%-Three months ended June 2018: 485 million yen (197.5%)
Three months ended June 2017: 163 million yen (-%)
Net income
per share

Diluted net income pershareYenYen
Three months ended Jun. 201827.24
Three months ended Jun. 2017
-2.68
(Note) The Company conducted a 1-for-10 reverse stock split effective on October 1, 2017. Net income per share is calculated assuming thatthe reverse stock split was conducted at the beginning of the previous consolidated fiscal year.

(2) Consolidated financial position

As of Jun. 2018
As of Mar. 2018

Total assets

Net assets

Million yen
124,209
123,518

Million yen
33,80633,477

Shareholders’ equity
ratio%
26.7
26.6(Reference) Shareholders’ equity
As of June 2018: 33,168 million yen
As of March 2018: 32,857 million yen(Note) The Company has applied the "Partial Revision of Accounting Standard for Tax Effects" (ASBJ Statement No. 28, issued onFebruary 16, 2018) from the beginning of the first quarter of the current fiscal year. The figures for the previous fiscal year havebeen calculated retrospectively after applying the standard.

2. Dividends
End of 1Q

0.00

Annual dividend
End of 3Q
Yen-0.00-End of 2Q
Yen

Year ended Mar. 2018Year ending Mar. 2019Year ending Mar. 2019 (forecast)-Yen(Note) Revisions to dividend forecast for the current quarter: None－ 1 －Year-endTotal
Yen

Yen

5.00

5.00

5.00

5.00

3．Forecast of consolidated business results for the fiscal year ending March 2019
(April 1, 2018 through March 31, 2019)
Net sales
Million yen

For the six months
ending Sept. 2018Year ending Mar. 2019

Operating income%Million yen%(% change from the previous corresponding period)
Net income attributable
Net income
Ordinary income
to owners of parentper share
Million yen%

Million yen%

Yen

85,0006.4

2,100-19.8

1,700-20.9

1,200

16.4

40.24

175,000

4.1

5,400-14.0

4,500-8.0

3,300

-11.7

110.65(Note) Revisions to business forecast for the current quarter: Yes※Notes(1) Changes in significant subsidiaries during the period: None
(2) Applications of simplified accounting procedures and specific accounting procedures: Yes(3) Changes in rules, procedures and indication methods of accounting procedures①Changes in accounting policies associated with revision of accounting standards:②Changes in accounting policies other than ①③Changes in accounting estimates④Restatement: None: None: Yes: None(4) Shares outstanding (common stock)①Number of shares outstanding at the end of period (treasury stock included)
As of June 201830,826,861 shares
As of March 201830,826,861 shares②Number of treasury stock at the end of period
As of June 2018
1,002,528 shares
As of March 2018
1,002,411 shares③Average number of stock during period (quarterly cumulative period)
Three months ended June 201829,824,375 shares
Three months ended June 201730,813,102 shares(Note) The Company conducted a 1-for-10 reverse stock split effective on October 1, 2017. Number of shares outstanding at the endof period, number of treasury stock at the end of period, and average number of stock during period are calculated assumingthat the reverse stock split was conducted at the beginning of the previous consolidated fiscal year.

*Quarterly financial summary is not subject to the quarterly review procedures by certified public accountants
or auditing firms.
*Explanation regarding appropriate use of business forecasts and other special instructions
1. Figures for the business forecasts for the six months ending Sept. 2018 and for the fiscal year ending March 2019 are revised
figures which were announced in the "Notice Concerning Revision to the Business Forecasts" dated July 31, 2018.
2. Forecasts regarding future performance in this material are based on information currently available to the company and certain
assumptions that the company deems to be reasonable at the time this report was prepared. Actual results may differ significantly
from the forecasts due to various factors.

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