August 02, 2018

Consolidated Financial Results (Japanese Accounting Standards)
for Three Months Ended June 30, 2018 (Q1 FY 2018)
Company name:
Stock exchange listing:Stock code:
URL:
Representative:
Contact:

Itoham Yonekyu Holdings Inc.
Tokyo Stock Exchange2296

http://www.itoham-yonekyu-holdings.com
Isao Miyashita, President and Representative Director
Akira Kotake, Manager, Investor Relations Section
Tel. +81-3-5723-6889
August 10, 2018
YesNo

Scheduled date for filing of securities report:
Scheduled date of commencement of dividend payment:
Supplementary documents for financial results:
Quarterly results briefing:(Amounts of less than one million yen are truncated)

1. Consolidated Financial Results for the Three Monts Ended June 30, 2018 (April 1, 2018–June 30, 2018)(1) Consolidated Results of Operations (Accumulated Total)(% figures show year-on-year change)
Profit attributable toowners of parent
Million Yen% Million Yen% Million Yen% Million Yen%
3,162 -19.7
208,615
3,654 -32.3
4,124 -29.3
3.3
3,936 -18.2
201,879
5,394 19.2
5,830 14.0
2.7
3,287 million(54.9%)
Three months ended June 30, 2018
2,122 million(421.6%)
Three months ended June 30, 2017
Fully diluted net
Net income per shareincome
YenYen
10.70
10.69
13.24
13.23
Operating income

Net sales

Three month ended
June 30, 2018
June 30, 2017
(Note) Comprehensive income:Three month ended
June 30, 2018
June 30, 2017

Ordinary income(2) Consolidated financial position
Total assets
Net assets
Million Yen
Million Yen
392,141
217,889376,204
219,861
As of June 30, 2018
As of March 31, 2018

As of June 30, 2018
As of March 31, 2018
(Reference) Shareholders’ equity:

Equity ratio%
55.3
58.1217,014 million
218,612 million

2. Dividends
Firstquarter-end

Secondquarter-end

For the fiscal year ended
Yen
March 31, 2018
－March 31, 2019－
For the fiscal year ending
March 31, 2019－
(Forecast)(Note) Changes to most recent dividend forecast: None

Thirdquarter-end

Fiscalquarter-end

Yen
0.00

Yen－

Yen
17.00

Yen
17.00

0.00

－

17.00

17.00

Total

3. Forecast of Consolidated Financial Results for the Fiscal Year Ending March 31, 2019
(April 1, 2018 to March 31, 2019)
Net Sales

Operating income

Million Yen% Million Yen
425,000
11,000
Second quarter-end
2.0(Cumulative)
850,000
23,000
Full year
2.2(Note) Changes to most recent financial results forecast: None(% figures show year-on-year change)
Profit attributable toNet income per shareowners of parent% Million Yen%
Yen
8,000 ᇞ5.0
ᇞ4.4
27.06

Ordinary income%ᇞ3.8

Million Yen
12,0006.7

25,0001

2.4

16,5004.555.81

Consolidated Financial Statements(1) Consolidated Balance Sheets

As of March 31, 2018ASSETS
Current assets
Cash and deposits
Notes and account receivable - trade
Merchandise and finished goods
Work in processRaw materials and supplies
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles, netTools, furniture & fixtures, netLand
Leased assets, net
Others, net
Total property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Investment securities
Net defined benefit assets
Other
Allowance for doubtful receivables
Total investments and other assets
Total non-current assets
Total Assets2(Million Yen)
As of June 30, 201829,585
94,056
66,042
1,739
18,491
3,557(8)
213,465

28,647101,097
69,202
1,926
19,5267,474(9)227,866

33,05325,041
1,328
25,901
1,539
2,870
89,73534,574
27,208
1,408
25,492
1,551
2,906
93,141

24,1091,706
25,81623,7191,685
25,40531,618
8,231
7,458
(122)
47,186
162,738
376,204

30,257
8,433
7,158
(121)
45,728164,275
392,141

As of March 31, 2018
Liabilities
Current liabilities
Notes and accounts payable - trade
Electronically recorded obligations
Short-term loans payable
Current portion of Long-term loans
Income taxes payable
Provision for bonuses
Provision for directors' bonuses
Other
Total current liabilities
Non-current liabilities
Long-term loans payable
Net defined benefit liability
Asset retirement obligation
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholder's equity
Capital stock
Capital surplus
Retained earnings
Treasury stock
Total shareholder's equity
Other accumulated comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedgesForeign currency translation adjustment
Remeasurements of defined benefit plan
Total accumulated other comprehensive income
Subscription rights to shares
Non-controlling interests
Total net assets
Total liabilities and net assets

3(Million Yen)
As of June 30, 2018

63,944
1,637
21,395
4,964
2,502
5,985
187
27,147
127,765

69,2601,520
26,167
4,551
510
1,923
52
40,967
144,954

20,071
1,581
1,207
5,716
28,577
156,343

19,767
1,587
1,218
6,725
29,297
174,252

30,00396,28990,031(1,824)
214,499

30,00396,31388,176(1,689)212,803

6,013
(789)
(2,387)
1,277
4,113
257
990
219,861
376,204

6,455(1,088)(2,422)
1,265
4,211
139
734
217,889
392,141

(2) Consolidated statements of income and comprehensive income(Consolidated statements of income)(April 1,2018 – June 30, 2018)

Net sales
Cost of goods sold
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividend income
Rent income
Equity in income of affiliates
OtherTotal non-operating income
Non-operating expenses
Interest expenses
Rent on real estate
Other
Total non-operating expenses
Ordinary Income
Extraordinary income
Gain on sales of investment securities
Insurance income
Other
Total extra-ordinary income
Extraordinary loss
Impairment loss
Loss on valuation of investment securities
Loss on disaster
OthersTotal extra-ordinary expenses
Net income before taxes
Income taxes-current
Income taxes-deferred
Total income taxes
Net income
Income (loss) attributable to non-controlling interests
Income attributable to owners of parent

4

Three months ended
June 30, 2017
201,879
170,299
31,57926,184
5,394(Million Yen)Three months ended
June 30, 2018
208,615
178,144
30,471
26,816
3,654

22
135
98
290
184
732

23
123
102
170
322
742

232
32
31
296
5,830

231
28
13
272
4,124

0
44
45

513
210
0
724

43
36
0
79
5,796
482
1,426
1,908
3,887
(48)
3,936

48
170
66
4,782
283
1,311
1,595
3,187
25
3,162

(Consolidated statements of comprehensive income)(April 1,2018 – June 30, 2018)

Net income
Other comprehensive income
Valuation difference on available-for- sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plan
Share of other comprehensive income of entities accounted forusing equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interest

5

Three months ended
June 30, 2017
3,887

(Million Yen)
Three months ended
June 30, 2018
3,187

572
(182)
(1,077)
(17)

526
(298)
(256)
(11)

(1,060)140(1,764)
2,122

100
3,287

2,493
(371)

3,260
27