Summary of Consolidated Financial Results for the Fiscal Year Ended May 31, 2016
(From June 1, 2015 to May 31, 2016)[Japanese GAAP]
July 12, 2016
Company Name:ERI Holdings Co., Ltd.
Listing Exchanges: First section of the Tokyo Stock Exchange
Securities Code:6083
URL: http://www.h-eri.co.jp/
Representative:
Akiyo Masuda, President and COO
For Inquiries, Contact:
Shigeru Kato, Executive Officer and General Manager, Finance and Accounting Dept.
TEL:(03)5570-1520
Planned Annual Shareholders’ Meeting Date:
August 30, 2016
Planned Date for Submission of Annual Securities Report:
August 30, 2016Planned Starting Date for Dividend Payments:
July 29, 2016
Supplementary documents for financial results:
Yes
Financial Results briefing:
Yes (for institutional investors and securities analysts)(Amounts are rounded down to the nearest million yen)

1. Consolidated Results for the Fiscal Year Ended May 31, 2016 (June 1, 2015 – May 31, 2016)(1) Consolidated Financial Results (Cumulative)
Net Sales

Operating Income(% indicates year-on-year change)

Profit Attributable toOwners of Parent

Ordinary Income

million yen％million yen

million yen

FY 5/2016

11,470(4.0)

569

95.1

625

88.8

414–

FY 5/2015

11,949(4.5)

292(54.0)331(49.1)

18–％％

％

million yen(NOTE) Comprehensive Income
Fiscal year ended May 31, 2016: 414 million yen (– %); Fiscal year ended May 31, 2015: 19 million yen (– %)Net Income
per Share

Diluted Net Income
per Share

Return on Equity(ROE)

Ordinary Income /Total Assets

Operating Income /Net Salesyenyen％％％

FY 5/2016

52.96

–

18.9

14.9

5.0

FY 5/2015

2.37

–

0.9

7.6

2.4(Reference) Equity in profits(losses) of affiliates
Fiscal year ended May 31, 2016 : – million yen ; Fiscal year ended May 31, 2015: – million yen(2) Consolidated Financial Position
Net Assets

Total Assets

Shareholders’ Equity Ratio

Net Assets per Sharemillion yen

million yen％yen

FY 5/2016

4,110

2, 32056.3

295.60FY 5/2015

4,296

2,072

48.1

265.32(Reference) Shareholders’ Equity
Fiscal year ended May 31, 2016 : 2,315 million yen ; Fiscal year ended May 31, 2015: 2,067 million yen(3) Consolidated Cash Flows
Cash Flows fromOperating Activities

Cash Flows fromInvesting Activities

Cash Flows from
Financing Activities

Cash and Cash
Equivalents, End of Yearmillion yen

million yen

million yen

million yen

FY 5/2016

252

13(270)2,336

FY 5/2015

715

36(262)2,341

2. Dividends
Dividends per Share
End of Q1

End of Q2

End of Q3

Fiscal Year
End

Total
Dividends(Annual)AnnualDividend
Payout Ratio(Consolidated)

Dividend /Net Assets(Consolidated)

yen

yen

yen

yen

％％

–

17.00

–

13.00

yen
30.00

million yen

FY 5/2015

234

1,263.2

10.9

FY 5/2016–15.00–15.00

30.00234

56.6

10.7

15.00

–15.0030.00

FY 5/2017(Forecast)

58.6

3. Consolidated Results Forecasts for the Fiscal Year Ending May 31, 2017 (June 1, 2016 – May 31, 2017)(% indicates year-on-year change)

Net Sales

Operating Income

Profit Attributable to
Owners of Parent

Ordinary Income

Net Income
per Share

million yen％million yen％million yen％million yen％yen

FY 5/2017 Q2

5,992

1.2

317

(3.1)

315(6.9)

197(4.2)

25.19

FY 5/201711,8793.663210.9

6280.4400(3.3)

51.15* Notes(1) Changes in significant subsidiaries during the term under review (changes in subsidiaries via share exchange causing a change
in the scope of consolidation): None
(2) Changes in accounting policies and changes or restatement of accounting estimates(i) Changes in accounting policies associated with the revision of accounting standards, etc.:(ii) Changes in accounting policies other than (i):(iii) Changes in accounting estimates:(iv) Restatement:(3) Number of shares issued (common stock)(i) Shares Outstanding (incl. treasury stock):(ii)

Treasury Stock:(iii) Average Number of Shares Outstanding

End of FY 5/2016
End of FY 5/2015
End of FY 5/2016
End of FY 5/2015
End of FY 5/2016
End of FY 5/2015

Yes
None
None
None

7,832,400 shares
7,832,400 shares
83 shares
40,783 shares
7,823,806 shares
7,744,342 shares*Presentation of the implementation status of audit proceduresThis summary of Consolidated Financial Results is not subject to audit procedure under the Financial Institutions and Exchange Act. At the time ofdisclosure of this report, however, the audit procedures for the financial statement are still in progress.

* Notes on appropriate use of performance projection and other special remarks
The performance projections in this report are the forecast based on currently available information and significantly includes uncertainty.
Actual result may differ materially from these projections due to various reasons.

Summary of Financial Results for the Fiscal Year Ended May 31, 2016
ERI Holdings Co., Ltd. (Securities Code 6083)

Consolidated Financial Statements(1) Consolidated Balance Sheets(Unit: thousand yen)Previous fiscal year
(As of May 31, 2015)
AssetsCurrent assets
Cash and deposits
Accounts receivable-trade
Securities
Work in process
Deferred tax assets
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings
Accumulated depreciation
Buildings, net
Tools, furniture and fixtures
Accumulated depreciation
Tools, furniture and fixtures, net
Total property, plant and equipment
Intangible assets
Software
Other
Total intangible assets
Investments and other assets
Guarantee deposits
Deferred taxes assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

Reporting fiscal year
(As of May 31, 2016)

2,341,919
480,997
100,002350,933
177,715
105,767(413)
3,556,922

2,337,409
453,119
298,917173,076
93,272(271)
3,355,524

126,723(60,717)66,005
171,880(133,153)
38,727
104,733

133,495(67,847)
65,647
197,341(150,734)
46,606112,254

136,769
1,861
138,631

174,248
1,453
175,702400,395
35,19560,942(691)
495,841
739,206
4,296,128

407,689
35,321
23,909(31)
466,888754,845
4,110,369

Summary of Financial Results for the Fiscal Year Ended May 31, 2016
ERI Holdings Co., Ltd. (Securities Code 6083)(Unit: thousand yen)Previous fiscal year
(As of May 31, 2015)
Liabilities
Current liabilities
Current portion of long-term loans payable
Accounts payable - otherAccrued expenses
Income taxes payable
Advances received
Provision for loss on guarantees
Other
Total current liabilities
Non-current liabilities
Net defined benefit liability
Long-term accounts payable - otherTotal non-current liabilities
Total liabilities
Net assets
Shareholders’ equity
Capital stock
Capital surplus
Retained earnings
Treasury shares
Total shareholders’ equity
Non-controlling interests
Total net assets
Total liabilities and net assets

Reporting fiscal year
(As of May 31, 2016)

86,998247,253
609,570
113,914666,608
24,403251,081
1,999,830

171,833
578,133
164,579
572,408
143,035
1,629,989

100,937
123,060
223,997
2,223,827

92,47567,780160,255
1,790,244

992,784
26,304
1,101,184(52,980)
2,067,292
5,008
2,072,301
4,296,128

992,784
26,304
1,296,225(70)
2,315,243
4,882
2,320,125
4,110,369

Summary of Financial Results for the Fiscal Year Ended May 31, 2016
ERI Holdings Co., Ltd. (Securities Code 6083)(2) Consolidated Statements of Income and comprehensive income
Consolidated Statements of Income(Unit: thousand yen)Previous fiscal year
(From June 1, 2014
to May 31, 2015)
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividend income of insuranceCommission fee
Insurance income
Insurance premiums refunded cancellation
Miscellaneous income
Total non-operating income
Non-operating expenses
Interest expenses
Loss on guarantees
Miscellaneous lossTotal non-operating expenses
Ordinary income
Extraordinary loss
Loss on retirement of non-current assets
Loss on litigation
Provision for loss on guarantees
Total extraordinary loss
Income before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
Net income
Profit (loss) attributable to non-controlling interests
Profit attributable to owners of parent

Reporting fiscal year
(From June 1, 2015
to May 31, 2016)

11,949,056
8,985,204
2,963,851
2,671,759
292,092

11,470,660
8,212,174
3,258,486
2,688,515
569,970

2,291
7,680
5,201
21,3804,691
41,245

1,579
5,865
4,658
41,47820,891
1,568
76,043

1,582
290
1,872
331,464

2,608
17,202236
20,047625,96645
184,374
24,403208,823
122,641
105,831(2,276)
103,554
19,086694
18,391

2,771
2,771
623,195
204,4634,512
208,976
414,218(126)
414,345

Summary of Financial Results for the Fiscal Year Ended May 31, 2016
ERI Holdings Co., Ltd. (Securities Code 6083)

Consolidated Statements of Comprehensive income(Unit: thousand yen)Previous fiscal year
(From June 1, 2014
to May 31, 2015)
Net income
Other comprehensive income
Total other comprehensive income
Comprehensive income
Comprehensive income attributable to:Comprehensive income attributable toowners of parent
Comprehensive income attributable tonon-controlling interests

Reporting fiscal year
(From June 1, 2015
to May 31, 2016)
19,086414,218--

19,086414,218

18,391

414,345

694

(126)

Summary of Financial Results for the Fiscal Year Ended May 31, 2016
ERI Holdings Co., Ltd. (Securities Code 6083)(3) Consolidated Statements of Cash Flows(Unit: thousand yen)Previous fiscal year
(From June 1, 2014
to May 31, 2015)
Cash flows from operating activities
Income before income taxes
Depreciation and amortization
Increase (decrease) in provision for loss on guarantees
Interest income
Interest expense
Insurance income
Loss on retirement of non-current assets
Loss on litigation
Decrease (increase) in notes and accounts
receivable - trade
Decrease (increase) in inventories
Increase (decrease) in accounts payable - other
Increase (decrease) in accrued expenses
Increase (decrease) in advances received
Other
SubtotalInterest and dividend income received
Interest expenses paid
Proceeds from withdrawal of deposit money
Payments for loss on litigation
Proceeds from insurance income
Income taxes (paid) refund
Net cash provided by operating activities
Cash flows from investing activities
Proceeds from redemption of securities
Purchase of shares of subsidiaries
Purchase of non-current assets
Payments for guarantee deposits
Proceeds from collection of guarantee deposits
OtherNet cash provided by (used in) investing activities
Cash flows from financing activities
Repayments of long-term loans payable
Cash dividends paid
Proceeds from disposal of treasury shares
Net cash provided by (used in) financing activities
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period

Reporting fiscal year
(From June 1, 2015
to May 31, 2016)

122,641
67,154
24,403(2,291)
1,582(21,380)45
184,374

623,195
66,472(24,403)(1,579)2,608(41,478)
2,771
-

4,953

29,047(11,755)(38,822)
15,940(40,699)
94,697400,843
2,326(3,169)135,000(167,374)
21,380326,198
715,205

52,015(68,973)(31,436)(94,199)(155,347)
358,689
1,587(3,030)(17,000)
41,478(129,372)
252,352

100,000(750)(88,920)(1,056)38,273(10,571)
36,974

100,000(106,112)(19,219)
7,711
30,854
13,232(98,809)(261,756)
98,413(262,153)
490,026
1,851,291
2,341,318(86,998)(218,693)
35,596(270,095)(4,510)2,341,318
2,336,808