D. A. Consortium Inc.
（ＵＲＬ

http://www.dac.co.jp/ ）1. Financial Highlights of 1st Quarter of Fiscal Year 2016 (April 1, 2016 to June 30, 2016) and1st Quarter of Fiscal Year 2015 (April 1, 2015 to June 30, 2015)(1) Consolidated Operating Results
Net sales

1st Quarter of FY 2016
1st Quarter of FY 2015

Mil.\％
38,547 ( 21.7)
31,674 ( 7.8)

Operating income

Ordinary income

Profit attributableto owners of parent

Mil.\％
803 ( 17.5)
683 ( 12.1)

Mil.\％
593（△16.4）
709（ 22.3）

Mil.\％97 (△68.6)
309 (△12.1)

Net income

Diluted net income

Comprehensive

per shareper share

IncomeYen
2.00
6.37

1st Quarter of FY 2016
1st Quarter of FY 2015

Yen
1.95
6.29

Mil.\％△1,101 (- )243 ( △55.0)(2) Consolidated Financial Position
Total assets

1st Quarter of FY 2016
(As of June 30,2016)
Fiscal Year 2015
(As of March 31,2016)

Net assets

Equity ratio

Mil.\

Mil.\％

50,146

23,68430.454,25225,43730.8(Reference) Capital: June 30, 2016: 15,236 million yen

March 31, 2016: 16,706 million yen

2. Dividends
End of 1st

End of 2nd

End of 3rdEnd ofAnnual

quarterquarterquarter

perioddividend

Record date
Yen

Yen

Yen

Yen

Yen

Fiscal Year 2015

―0.00

―

12.00

12.00

Fiscal Year 2016

――――

―

Fiscal Year 2016
(forecasts)

Note: Revisions of the forecasts of consolidated results since the latest announcement: No－ 1 －3. Forecasts of Consolidated Financial Results for the Fiscal Year Ending March 31, 2017(from April 1, 2016 to March 31, 2017)
Net salesMil.\
2nd Quarter of Fiscal
Year 2016
Fiscal Year 2016％

OperatingincomeOrdinary
incomeMil.\

Mil.\％

Profitattributable toowners of parent％

Mil.\Net income
per share％

Yen―――――

170,000(17.3)

5,100(0.7)

5,000(0.5)

2,100(3.6)

43.24

Note: Revisions of the forecasts of consolidated results since the latest announcement: No
The Company plans to establish a holding company through joint share transfers with IREP Co., Ltd. as ofOctober 3, 2016 (scheduled date).

The above forecasts are calculated based on the Company’s presentorganization. The forecasts of the holding company are to be disclosed at a later date.

－ 2 －Consolidated Financial Statements(1) Consolidated Balance Sheets（Unit:Thousands of Yen）
FY2015(As of March 31,2016)
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Operational investment securities
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Intangible assets
Goodwill
Software
Software in progress
Other
Total intangible assets
Investments and other assets
Investment securities
Guarantee deposits
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets－ 3 －1st Quarter of FY2016(As of June 30,2016)

15,451,51220,189,804
5,831,435
2,316,393△23,768
43,765,376

15,886,288
17,122,215
4,191,846
1,541,062△6,98438,734,428

903,533

882,324753,326
1,234,844
411,491
134,8532,534,515

871,006
1,311,605
438,051
30,6832,651,346

5,279,573
1,281,073
504,248△15,684
7,049,210
10,487,259
54,252,635

6,089,466
1,278,235
520,193△9,301
7,878,594
11,412,265
50,146,694

（Unit:Thousands of Yen）
FY2015(As of March 31,2016)
Liabilities
Current liabilities
Accounts payable - tradeShort-term loans payable
Current portion of long-term loans
payableAccounts payable - other
Income taxes payable
Provision for bonuses
Provision for directors' bonuses
Other
Total current liabilities
Non-current liabilities
Long-term loans payable
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Capital stock
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-forsale securities
Foreign currency translation adjustment
Total accumulated other comprehensive
incomeSubscription rights to shares
Non-controlling interests
Total net assets
Total liabilities and net assets－ 4 －1st Quarter of FY2016(As of June 30,2016)

16,955,324
4,100,000

15,313,413
4,200,000

222,584

422,584

1,412,536
1,099,237
983,261
98,682
2,690,588
27,562,214

1,136,879
542,707414,072
106,950
2,414,496
24,551,103

845,082
407,427
1,252,509
28,814,724

1,539,293
372,2141,911,507
26,462,610

4,031,837
4,961,790
7,006,457△1,612,040
14,388,0444,031,837
4,289,932
5,898,457△276,437
13,943,790

2,070,176

1,092,797

248,015

199,427

2,318,192

1,292,225

223,757
8,507,917
25,437,911
54,252,635

282,329
8,165,738
23,684,083
50,146,694

(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income
Consolidated Statements of Income（Unit:Thousands of Yen）
1st Quarter of FY2015(April 1,2015
to June 30,2015)
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividend incomeForeign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Share of loss of entities accounted forusing equity method
Foreign exchange losses
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on change in equity
Gain on sales of shares of subsidiaries
and associates
Other
Total extraordinary income
Extraordinary losses
Impairment loss
Other
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitProfit attributable to non-controllinginterests
Profit attributable to owners of parent－ 5 －1st Quarter of FY2016(April 1,2016
to June 30,2016)

31,674,570
27,339,458
4,335,112
3,651,387
683,724

38,547,787
33,322,298
5,225,488
4,422,174
803,314

2,403
4,301
53,843
7,123
67,672

2,205
5,060
－
17,27424,540

4,888

3,503

35,853

142,790－
1,031
41,773
709,623

85,153
3,301
234,749
593,105

18,363－60,713－872
79,949－－－45,96745,967
743,605
204,744
150,760
355,505
388,100

218,595
11,783
230,378
362,726
303,940△56,871
247,069
115,657

78,94018,457309,159

97,200Consolidated Statements of Comprehensive Income（Unit:Thousands of Yen）
1st Quarter of FY2015(April 1,2015
to June 30,2015)
ProfitOther comprehensive income
Valuation difference on available-forsale securities
Foreign currency translation adjustment
Share of other comprehensive income ofentities accounted for using equity
methodTotal other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable toowners of parent
Comprehensive income attributable to noncontrolling interests－ 6 －1st Quarter of FY2016(April 1,2016
to June 30,2016)

388,100

115,657△139,027△1,121,599

20,056△89,186△25,718△5,884△144,689
243,411△1,216,671△1,101,013

160,107△928,766

83,303△172,246

(3) Consolidated Statements of Cash Flows（Unit:Thousands of Yen）
1st Quarter of FY2015(April 1,2015
to June 30,2015)
Cash flows from operating activities
Profit before income taxes
Depreciation
Amortization of goodwill
Increase (decrease) in allowance for
doubtful accounts
Increase (decrease) in provision forbonuses
Increase (decrease) in provision fordirectors' bonuses
Interest and dividend income
Interest expenses
Share of (profit) loss of entities
accounted for using equity method
Loss (gain) on sales of shares ofsubsidiaries and associates
Impairment loss
Decrease (increase) in notes and accounts
receivable - trade
Decrease (increase) in investment
securities for sale
Increase (decrease) in notes and accounts
payable - trade
Increase (decrease) in accounts payable other
Other, net
SubtotalInterest and dividend income received
Interest expenses paid
Income taxes paid
Net cash provided by (used in) operating
activities－ 7 －1st Quarter of FY2016(April 1,2016
to June 30,2016)

743,605
162,037
46,202362,726
179,337
53,297△1,824△23,167△520,196△571,268

2,927

8,268

△6,704
4,888△7,265
3,503

35,853

142,790△60,713－－

218,595

52,064

3,083,917△50,228

84,752541,845△1,641,911△128,075△229,983△364,558
457,122
14,197△3,550△692,628

891,6022,555,197
21,542△3,428△854,320△224,858

1,718,990

（Unit:Thousands of Yen）
1st Quarter of FY2015(April 1,2015
to June 30,2015)Cash flows from investing activities
Payments into time deposits
Proceeds from withdrawal of time deposits
Purchase of property, plant and equipment
Purchase of intangible assets
Purchase of investment securities
Purchase of shares of subsidiaries
resulting in change in scope of
consolidation
Proceeds from sales of shares ofsubsidiaries and associates
Payments for guarantee deposits
Proceeds from collection of guarantee
deposits
Payments of loans receivableCollection of loans receivable
Other, net
Net cash provided by (used in) investingactivities
Cash flows from financing activities
Net increase (decrease) in short-termloans payable
Proceeds from long-term loans payable
Repayments of long-term loans payable
Proceeds from share issuance to noncontrolling shareholders
Proceeds from exercise of share options
Cash dividends paid
Dividends paid to non-controllinginterests
Other, net
Net cash provided by (used in) financing
activities
Effect of exchange rate change on cash andcash equivalents
Net increase (decrease) in cash and cash
equivalents
Cash and cash equivalents at beginning ofperiod
Cash and cash equivalents at end of period－ 8 －1st Quarter of FY2016(April 1,2016
to June 30,2016)△3,400,000
3,400,000△192,849△224,595△61,803－2,800,000△96,691△280,346△1,041,106△29,573△10,88180,000－△19,175△1,52146,304

3,060

△398
1,003
18,282－－△8,004△382,803

1,364,508－

95,0009,426△30,605

1,000,000△105,789

52,990－21,721△390,047

2,535△582,285△82,803△121,828△1,402△722△420,719

286,910△11,203△135,632△1,039,585

3,234,776

11,421,950

12,642,512

10,382,365

15,877,288