D.A.Consortium Inc.
（ＵＲＬ

http://www.dac.co.jp/）

Financial Highlights of 3rd Quarter of Fiscal Year 2014 (April 1, 2014 to December 31, 2014) and3rd Quarter of Fiscal Year 2013 (April 1, 2013 to December 31, 2013)(1)

Consolidated operating results
Net sales

Operating income

Ordinary income

Mil.\％
1,913 （ 47.9)
1,294 ( 26.0)

Mil.\％
2,197（ 68.5)
1,304（ 21.1)

Earnings

Diluted earnings

Comprehensive

per shareper share

IncomeMil.\％
86,502 (14.4)
75,615 ( 8.6)

3rd Quarter of FY 2014
3rd Quarter of FY 2013

Yen21.5023.25

3rd Quarter of FY 2014
3rd Quarter of FY 2013
(2)

Yen
21.23
23.00

Mil.\％
1,043 ( △7.5）
1,129 ( 114.4）

Mil.\％
2,215 ( 14.3)
1,938 (448.5)

Consolidated financial position
Total assets

3rd Quarter of FY 2014
(As of December 31,2014)
Fiscal Year 2013
(As of March 31,2014)

Net assets

Equity ratio

Mil.\

Mil.\％

41,24922,36135.0

37,49920,045

35.7(Reference) Capital: December 31, 2014: 14,433 million yen(3)

Net income

March 31, 2014: 13,401 million yen

Dividend per share

Record date

End of 1stEnd of 2nd

End of 3rd

End ofAnnualquarterquarterquarter

perioddividend

Yen

Yen

Yen

Yen

Yen

Fiscal Year 2013

―

0.00

―

6.00

6.00

Fiscal Year 2014

―

0.00

―
―

―

Fiscal Year 2014
(expected)

Note: Revisions of the dividend forecasts since the latest announcement: No－ 1 －（4） Consolidated earnings forecast of Fiscal Year 2014 (April 1,2014 to March 31,2015)

Fiscal Year 2014

Net sales

OperatingincomeOrdinary
incomeNet income

Mil.\％
117,121（11.2）～118,552（12.5）

Mil.\％
2,301（16.2）～2,635（33.0）

Mil.\％
2,636（30.7）～2,970（47.2）

Mil.\％
1,119（△44.7）～1,299（△35.8）

Note: Revisions of the forecasts of consolidated results since the latest announcement: No－ 2 －Net incomeper shareYen
23.04～26.76

Consolidated Financial Statements(1) Consolidated Balance Sheets（Unit：Thousands of Yen）
FY2013(As of March 31,2014)
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Operational investment securities
OtherAllowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Intangible assets
Goodwill
Software
Software in progress
OtherTotal 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 －3rd Quarter of FY2014(As of December 31,2014)

12,591,170
13,922,518
886,925
2,344,145△5,302
29,739,457

14,155,089
14,859,225
2,849,850
1,558,902△5,69833,417,370

685,847

622,761

912,356
804,916
126,030
26,8261,870,129

818,403852,378
194,561
151,018
2,016,362

4,220,930
794,337
198,506△9,373
5,204,400
7,760,376
37,499,834

3,786,828
1,093,854
331,483△19,484
5,192,681
7,831,804
41,249,175

（Unit：Thousands of Yen）
FY2013(As of March 31,2014)
Liabilities
Current liabilities
Accounts payable - trade
Short-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
Minority interests
Total net assets
Total liabilities and net assets－ 4 －3rd Quarter of FY2014(As of December 31,2014)

11,379,481
2,100,000

11,453,840
3,277,070

80,53083,216756,401
1,044,933
635,581
26,000807,059
16,829,988

843,222504,698
345,983
20,2501,783,896
18,312,176

203,750
421,036
624,786
17,454,774

148,425
427,440
575,865
18,888,042

4,031,837
3,183,953
7,172,980△1,624,753
12,764,018

4,031,837
3,183,953
7,925,458△1,624,950
13,516,299

412,599

608,142

224,996309,529

637,595

917,672

209,897
6,433,548
20,045,060
37,499,834

194,825
7,732,335
22,361,132
41,249,175

(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income
Consolidated Statements of Income（Unit:Thousands of Yen）
3rd Quarter of FY2013(April 1,2013
to December 31,2013)
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividend income
Share of profit of entities accounted forusing equity method
Other
Total non-operating income
Non-operating expenses
Interest expenses
Share of loss of entities accounted forusing equity method
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sales of investment securities
Gain on sales of shares of subsidiaries
and associates
Gain on change in equity
Other
Total extraordinary income
Extraordinary losses
Office transfer expenses
Other
Total extraordinary losses
Income before income taxes and minorityinterests
Income taxes - current
Income taxes - deferred
Total income taxes
Income before minority interests
Minority interests in income
Net income－ 5 －3rd Quarter of FY2014(April 1,2014
to December 31,2014)

75,615,629
65,275,297
10,340,332
9,046,092
1,294,239

86,502,742
74,337,155
12,165,587
10,251,740
1,913,846

4,737
8,870

8,138
10,852－218,524

37,04950,657

84,143
321,658

6,278

12,465

10,632－

23,321
40,2311,304,665

25,28937,755
2,197,749

3,100

466,270

1,411,544－

95,192
20,613
1,530,450

158,804
89,754
714,828

5,059
153,324
158,383

187,452
94,178281,6312,676,731

2,630,947

1,188,816
23,304
1,212,120
1,464,610
335,516
1,129,094

706,678
122,783
829,462
1,801,484
757,617
1,043,867

Consolidated Statements of Comprehensive Income（Unit:Thousands of Yen）
3rd Quarter of FY2013(April 1,2013
to December 31,2013)
Income before minority interests
Other comprehensive incomeValuation 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 tominority interests－ 6 －3rd Quarter of FY2014(April 1,2014
to December 31,2014)

1,464,610

1,801,484

358,198

277,106

96,177

124,61219,805

12,783474,182
1,938,792

414,5022,215,987

1,533,952

1,323,944

404,840892,043

(3) Consolidated Statements of Cash Flows（Unit:Thousands of Yen）
3rd Quarter of FY2013(April 1,2013
to December 31,2013)
Cash flows from operating activities
Income before income taxes and minority
interests
Depreciation
Amortization of goodwill
Increase (decrease) in allowance for
doubtful accounts
Increase (decrease) in provision for
retirement benefits
Increase (decrease) in provision forpoint card certificates
Increase (decrease) in provision forbonuses
Increase (decrease) in provision for
directors' bonuses
Interest and dividend income
Interest expenses
Share of (profit) loss of entities
accounted for using equity method
Loss (gain) on sales and valuation of
investment securities
Loss (gain) on sales of shares ofsubsidiaries and associates
Office transfer expenses
Loss (gain) on change in equity
Decrease (increase) in notes and accounts
receivable - trade
Decrease (increase) in inventories
Decrease (increase) in investment
securities for sale
Decrease (increase) in accounts
receivable - other
Increase (decrease) in notes and accounts
payable - trade
Increase (decrease) in accounts payable other
Increase (decrease) in accruedconsumption taxes
Other, net
SubtotalInterest and dividend income received
Interest expenses paid
Income taxes paid
Net cash provided by (used in) operating
activities－ 7 －3rd Quarter of FY2014(April 1,2014
to December 31,2014)

2,676,731

2,630,947

437,394
183,125

409,487
207,678

1,538

10,270△268,873－△10,328

13,558△203,068△289,598△16,950△5,750△13,607
6,278△18,990
12,465

10,632△218,524

30,548△466,270△1,411,544－

5,059△91,431

187,452△152,219

844,039△893,290△22,288△50,853△144,572△216,221△202,568

29,143

303,575

67,762△3,262△80,870

231,297

710,451

166,328
2,508,052
20,714△5,854△831,200

610,940
2,497,567
26,479△8,441△1,238,630

1,691,711

1,276,975

（Unit:Thousands of Yen）
3rd Quarter of FY2013(April 1,2013
to December 31,2013)
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
Proceeds from sales and redemption ofinvestment securities
Purchase of shares of subsidiaries
resulting in change in scope ofconsolidation
Purchase of shares of subsidiaries andassociates
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
Purchase of insurance funds
Proceeds from cancellation of insurance
funds
Other, net
Net cash provided by (used in) investing
activities
Cash flows from financing activities
Net increase (decrease) in short-termloans payable
Repayments of long-term loans payable
Proceeds from share issuance to minority
shareholders
Proceeds from exercise of share options
Proceeds from issuance of shares
resulting from exercise of subscription
rights to shares
Proceeds from issuance of subscription
rights to shares
Proceeds from withdrawal of found trast
for Subsidiarys Treasury Stock
Cash dividends paid
Cash dividends paid to minority
shareholders
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
Decrease in cash and cash equivalents
resulting from exclusion of subsidiaries
from consolidation
Cash and cash equivalents at end of period－ 8 －3rd Quarter of FY2014(April 1,2014
to December 31,2014)△5,200,000
4,634,555△106,509△509,537△505,098△7,000,000
6,200,000△141,358△413,823△613,080

29,903626,843－△102,362△19,762△20,000

1,547,497－△13,838△452,850

49,373

158,093△1,4001,430△6,633△4,133
11,073△6,15430,638－

9,633

△567

△59,749△1,758,318

870,000

1,173,399△96,180△63,066

8,172

30,000280,784

18,759－389,130

29,230－408,595－△291,530△291,636△80,773△44,913△7,234△3,9791,121,064

1,207,692

99,08637,5692,852,113

763,919

6,595,701

9,982,170△157,465－

9,290,348

10,746,089