Summary of Consolidated Financial Results
for the First Quarter of the Fiscal Year Ending May 31, 2017
(From June 1, 2016 to August 31, 2016)[Japanese GAAP]
September 30, 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)5770-1520
Planned Date for Submission of Quarterly Securities Report: September 30, 2016
Planned Starting Date for Dividend Payments:–Supplementary documents for financial results:
Yes
Financial Results briefing:
None(Amounts are rounded down to the nearest million yen)

1. Consolidated Results for the First Quarter of the Fiscal Year Ending May 31, 2017 (June 1, 2016 – August 31, 2016)(% indicates year-on-year change)(1) Consolidated Financial Results (Cumulative)
Net Sales

Operating Income

Profit Attributable toOwners of Parent

Ordinary Income

million yen％

million yen％million yen％millions yen％

FY 5/2017 Q12,701(7.2)

26(71.9)32(71.4)

13(81.7)

FY 5/2016 Q1

2,912

1.7

95–111–74–(Note) Comprehensive Income

FY 5/2016 Q1: 73 million yen (–%)

FY 5/2017 Q1: 13 million yen (-82.0%)
DilutedNet Income per ShareNet Income per ShareyenyenFY 5/2017 Q1

1.73–

FY 5/2016 Q1

9.50–(2) Consolidated Financial Position
Net Assets

Total Assets

Shareholders’ Equity Ratio

million yen

million yen％

FY 5/2017 Q1

4,086

2, 21554.1

FY 5/2016

4,110

2,320

56.3

(Reference) Shareholders’ Equity

FY 5/2017 Q1: 2,211 million yen

FY 5/2016: 2,315 million yen

2. Dividends
Dividends per Share
End of Q1

End of Q2

End of Q3

Fiscal Year EndAnnualyenyenyenyenyen

FY 5/2016–15.00–15.0030.00

FY 5/2017–15.00

–

15.00

30.00

FY 5/2017(Forecast)(Note) Revisions to dividend forecasts published most recently: None

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
million yen

Operating Income％million yen％

Profit Attributable toOwners of Parent

Ordinary Incomemillion yen％million yen％

Net Incomeper Shareyen

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(Note) Revisions to performance forecasts published most recently: None

* 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) Adoption of accounting treatment unique to the preparation of quarterly consolidated financial statements: None
(3) 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:(4) Number of shares issued (common stock)(i) Shares Outstanding (incl. treasury stock):(ii)

Treasury Stock:(iii) Average Number of Shares Outstanding

FY 5/2017 Q1
FY 5/2016
FY 5/2017 Q1
FY 5/2016
FY 5/2017 Q1
FY 5/2016 Q1

None
YesYesNone

7,832,400 shares
7,832,400 shares
83 shares
83 shares
7,832,317 shares
7,802,699 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 First Quarter of the Fiscal Year Ending May 31, 2017
ERI Holdings Co., Ltd. (Securities Code 6083)

Quarterly Consolidated Financial Statements(1) Quarterly Consolidated Balance Sheets(Unit: thousand yen)Previous fiscal year
(As of May 31, 2016)
AssetsCurrent assets
Cash and deposits
Accounts receivable-trade
Work in process
Deferred tax assets
OtherAllowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
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

The first quarter ofthe reporting fiscal year
(As of August 31, 2016)

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

2,142,722
523,593
345,870
162,509110,566(205)
3,285,058

112,254
175,702

144,045
178,605

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

420,763
33,89824,583(81)
479,164
801,815
4,086,874

Summary of Financial Results for First Quarter of the Fiscal Year Ending May 31, 2017
ERI Holdings Co., Ltd. (Securities Code 6083)(Unit: thousand yen)Previous fiscal year
(As of May 31, 2016)
Liabilities
Current liabilities
Short-term loans payable
Accounts payable - otherAccrued expenses
Income taxes payable
Advances received
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 surplusRetained earnings
Treasury shares
Total shareholders’ equity
Non-controlling interests
Total net assets
Total liabilities and net assets

The first quarter ofthe reporting fiscal year
(As of August 31, 2016)

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

300,000
207,722391,270
3,766
674,770
136,4121,713,941

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

89,30067,780157,080
1,871,021

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

992,784
26,304
1,192,293(70)
2,211,311
4,541
2,215,852
4,086,874

Summary of Financial Results for First Quarter of the Fiscal Year Ending May 31, 2017
ERI Holdings Co., Ltd. (Securities Code 6083)(2) Quarterly Consolidated Statements of Income and comprehensive income
Quarterly Consolidated Statements of Income(Unit: thousand yen)

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 premiums refunded cancellation
Miscellaneous income
Total non-operating income
Non-operating expenses
Interest expenses
Provision for loss on guaranteesMiscellaneous loss
Total non-operating expenses
Ordinary income
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitLoss attributable to non-controlling interests
Profit attributable to owners of parent

The first quarter ofthe previous fiscal year
(From June 1, 2015
to August 31, 2015)
2,912,798
2,134,264
778,534
683,085
95,449The first quarter ofthe reporting fiscal year
(From June 1, 2016
to August 31, 2016)
2,701,952
1,977,659
724,293
697,445
26,847

672
5,865
438
20,880566
28,424

144,667467
679
5,829

928
11,18617
12,132
111,741
111,741
19,90918,54838,45873,283(835)
74,119623
52
675
32,00032,000
6,799
11,98918,78813,211(341)
13,553

Summary of Financial Results for First Quarter of the Fiscal Year Ending May 31, 2017
ERI Holdings Co., Ltd. (Securities Code 6083)

Quarterly Consolidated Statements of Comprehensive income(Unit: thousand yen)

ProfitOther comprehensive income
Total other comprehensive income
Comprehensive income
Comprehensive income attributable to:Comprehensive income attributable toowners of parent
Comprehensive income attributable tonon-controlling interests

The first quarter ofthe previous fiscal year
(From June 1, 2015
to August 31, 2015)
73,283

The first quarter ofthe reporting fiscal year
(From June 1, 2016
to August 31, 2016)
13,21173,283

13,211

74,11913,553(835)(341)