Business Results Presentation
for the First Quarter of FY ending March 2018

August 8, 2017
KAGA ELECTRONICS CO., LTD.
(TSE 1st section, 8154)

■ Contents(1) Consolidated Performance for
the First Quarter of FY2018

・・・ P. 2(2) Consolidated Performance Forecasts for
FY2018・・・ P. 6© 2017 KAGA ELECTRONICS CO., LTD. All Rights Reserved.

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Consolidated Performance for
the First Quarter of FY2018© 2017 KAGA ELECTRONICS CO., LTD. All Rights Reserved.

2

■ Financial Highlights(Year on Year Comparison)(Million yen)

FY20171Q

FY2018
1Q

YoYNet sales

52,221

56,174

3,953

Gross profit

6,795

7,882

1,087

Gross profit margin

13.0%

14.0%

1.0%

Selling, general andadministrative expenses

6,030

5,793-237

Operating income

765

2,088

1,323

Ordinary income

608

2,205

1,597

1,396

1,750

354

Profit attributable to ownersof parent© 2017 KAGA ELECTRONICS CO., LTD. All Rights Reserved.

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■ Financial Highlights by Business Segment(Year on Year Comparison)(Million yen)
FY2017
1Q
Electronic
components

Informationequipment

Net sales
Segment income
Net sales

FY2018
1Q

39,237

YoY

41,721623

1,539

10,116

11,1322,484 EMS business for electronic916

equipment in Japan andoverseas showed a favorable
growth.

1,016 Sales of housing-related
products showed a favorable
growth.

Segment income

105358253

Net sales

477

448

-29 despite focused efforts toSoftware
Segment income
Net sales

75-0

2,391

2,872

OthersSegment income

Operating margin declined

produce computer graphics
animation, develop software
applications, and develop-75 andVR and AR.

481 Sales of arcade amusement

-70

152

222

52,221

56,174

3,953

765

2,088

1,323

Total

© 2017 KAGA ELECTRONICS CO., LTD. All Rights Reserved.

machines and golf products inJapan showed solid growth.

* Figures of each segment income are
not inter-segment adjusted other thantotal.

4■ Consolidated Balance Sheet(Million yen)March 31,2017

June 30,
2017

March 31,
2017

YoY

103,684

100,803-2,881

Cash and deposits

26,42327,803

1,380

Notes and accounts
receivable - trade (*)

52,00946,959Inventories

19,325

Others5,925

Current assets

Non-current assets

Current liabilities

June 30,
2017

YoY

50,242

47,181-3,061

Notes and accounts
payable - trade37,553

34,845-2,708-5,050

Short-term loans payable

4,883

4,992

109

20,5891,264

Others

7,806

7,344

-462

5,452

-473

9,576

9,632

56

Long-term loans payable

4,603

4,114

-489

Others

4,973

5,518

545

Total liabilities

59,81956,813-3,006

Shareholders' equity

64,481

65,271

790

Capital stock

12,133

12,1330Capital surplus

13,912

13,9120

Non-current liabilities

22,067

23,1481,081

Property, plant andequipment

11,745

11,871

126

Intangible assets

841

790

-51

Retained earnings

40,476

41,265789

9,479

10,486

1,007

Treasury shares-2,040-2,0400Valuation and translation
adjustments

1,391

1,800409

Non-controlling interests

5966

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Total net assets

65,932

67,138

1,206

Total liabilities and net assets

125,751

123,952-1,799Investments and otherassets

Total assets

125,751

123,952-1,799(*) Notes and accounts receivable - trade includes electronically recorded monetary claims - operating© 2017 KAGA ELECTRONICS CO., LTD. All Rights Reserved.

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Consolidated Performance Forecasts forFY2018© 2017 KAGA ELECTRONICS CO., LTD. All Rights Reserved.

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■ Consolidated Performance Forecasts
Comparison of consolidated statement of income (FY2017 results vs FY2018 forecasts)(Million yen)

FY2017(Results)

FY2018(Forecasts)

YoY

Net sales

227,209230,000

2,791

Gross profit

31,22531,500275

Gross profit margin

13.7%

13.7%

－Selling, general andadministrative expenses

24,346

24,500154

Operating income

6,879

7,000

121

Ordinary income

7,343

7,500

157

Profit attributable to owners ofparent

6,975

5,500-1,475© 2017 KAGA ELECTRONICS CO., LTD. All Rights Reserved.

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■ ROE Forecast(Y o Y Comparison)(Yen)

FY2017FY2018(Forecasts)YoYEarnings per share(EPS)

249.43200.47-48.96

Dividend per share

6060

±0

Ordinary
dividend

4060

+20

Extraordinary
dividend

20－－10.9%

8.1%

-2.8%

Return on equity(ROE)© 2017 KAGA ELECTRONICS CO., LTD. All Rights Reserved.

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■ Consolidated Forecasts by Business Segment(Million yen)
FY2017

Electroniccomponents

Informationequipment

FY2018(Forecasts)

YoY

171,227

175,000

3,773

Segment income

4,917

5,350

433

Net sales

42,54742,000-547

Segment income

1,491

1,400-91

Net sales

3,159

3,000-159

528

450-78

10,27410,000-274-212-200

12227,209230,000

2,791

6,879

7,000

121

Net sales

SoftwareSegment income
Net sales
OthersSegment incomeTotal* Figures of each segment income are not inter-segment adjusted other than total.
© 2017 KAGA ELECTRONICS CO., LTD. All Rights Reserved.

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“Everything we do isfor our customers”
20 Kandamatsunagacho, Chiyoda-ku, Tokyo 101-8629
Contact: Secretarial & Public Relations Office
TEL: +81-3-5657-0106
FAX: +81-3-3254-7133
E-mail: webmaster@taxan.co.jp

http://www.taxan.co.jp
Forward-looking statements in these materials are based on information available tomanagement at the time this report was prepared and assumptions that management believes
are reasonable. Actual results may differ significantly from these statements for a number ofreasons.

© 2017 KAGA ELECTRONICS CO., LTD. All Rights Reserved.

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