October 31, 2018
Corporate Name: I-NET CORP.
Representative: President Mitsuru Sakai(Code No. 9600 Tokyo Stock Exchange 1st Section)
Contact: Managing Director Naokatsu UchidaPhone #: +81-(0)45-682-0801

Financial Results of the Second Quarter ended September 30, 2018
(Japanese Accounting Standards)
Scheduled date for submission of the quarterly report – November 9, 2018
Scheduled date for commencement of dividend payment – December 5, 2018
Supplemental material on quarterly results: Yes
Presentation on quarterly results: Yes (for institutional investors and financial analysts)(Values less than ¥1 million are omitted)

1. Consolidated performance for the first two quarters of the fiscal year ending March 2019 (April 1, 2018- September 30, 2018)(1) Consolidated business performance (accumulated)(Percentage figures are changes from the corresponding quarters in the previous fiscal year)

Net sales¥ mil.

Operating income%¥ mil.

Ordinary income%¥ mil.

%

Quarterly profit
attributable to ownersof parent company¥ mil.
%
670
17.3
571
(3.0)

2nd Quarter March 2019 term
12,957
3.5
1,007
15.5
1,002
18.0
2nd Quarter March 2018 term12,518
2.0872
(5.8)
849
(4.1)
Note: Comprehensive income: 2nd Quarter March 2019 term: ¥689 million, 9.9% ; 2nd Quarter March 2018 term: ¥627 million, (9.3%)

2nd Quarter March 2019 term
2nd Quarter March 2018 term

Quarterly basic earnings pershare¥ --.-42.20
35.96

Quarterly diluted earnings
per share¥ --.-――(2) Consolidated financial conditions
Total assets

Net assets¥ mil.

Equity-to-asset ratio¥ mil.

%
2nd Quarter March 2019 term
26,14813,894
53.1March 2018 term
26,007
13,50751.9(Reference) Equity capital: 2nd Quarter March 2019 term: ¥13,894 million; March 2018 term: ¥13,507 million

2. Dividend position

March 2018 term
March 2019 term
March 2019 term
(forecast)End of 1Q¥ --.-――End of 2Q¥ --.-19.00
20.00

Dividend per share
End of 3Q¥ --.-―

Year-end―

Annual¥ --.-19.00¥ --.-38.00

20.00

40.00

Note: Revision from most recently announced dividend forecast: No
3. Consolidated performance forecast for the fiscal year ending March 2019(April 1, 2018 – March 31, 2019)(Percentage figures for the full fiscal year are changes from the previous fiscal year,
and for the 2Q are changes from corresponding quarters in the previous fiscal year.)Net sales

Operating income¥ mil.
%¥ mil.
%
26,700
4.2
2,190
5.2
Full fiscal year
Note: Revision from most recently announced performance forecast: No

1

Ordinary income¥ mil.
2,140%
4.3

Profitattributable toowners of parentcompany¥ mil.
%
1,430
4.5

Basic
earnings pershare¥ --.-89.94

4. Notes(1) Significant transfers of subsidiaries during period (transfer of specific subsidiaries that will effect changes to the scope ofconsolidation) – No
(2) Application of accounting specific to the preparation of quarterly consolidated financial statements – Yes(3) Changes in accounting policies, changes in accounting estimates and restatements
1) Changes in accounting policies due to revisions of accounting standards, etc.: No
2) Changes in accounting policies other than 1): No
3) Changes in accounting estimates: No4) Restatements: No(4) Number of issued shares (common stock)1) Number of shares issued and outstanding as of the end of period (incl. treasury stock):
2nd Quarter March 2019 term: 16,242,424 shares, March 2018 term: 16,242,424 shares
2) Number of shares of treasury stock as of the end of period:
2nd Quarter March 2019 term: 343,648 shares, March 2018 term: 343,422 shares
3) Average number of shares over period (accumulated to the end of the quarter):
2nd Quarter March 2019 term: 15,898,804 shares, 2nd Quarter March 2018 term: 15,899,430 shares* Quarterly financial results report is not subject to quarterly review by certified public accountants or audit corporations.
*Notes concerning the appropriate utilization of performance forecasts, other items requiring special attention
Matters concerning the future including performance forecasts that are indicated in this document are derived from judgments basedon information available to I-NET CORP. at the time of announcement of this document. Consequent deviation from predictedvalues may occur due to changes in conditions arising from indeterminable internal or external factors.

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