August 02, 2019

Consolidated Financial Results (Japanese Accounting Standards)
for the Three Months Ended June 30, 2019 (Q1 FY 2019)
Company name:
Stock exchange listing:Stock code:
URL:
Representative:
Contact:

Itoham Yonekyu Holdings Inc.
Tokyo Stock Exchange2296

http://www.itoham-yonekyu-holdings.com

Isao Miyashita, President and Representative Director
Ryoji Matsubara
General Manager, Corporate Strategy Planning Dept. and Manager, Investor Relations Section
Tel. +81-3-5723-6885
August 13, 2019
Scheduled date for filing of securities report:
Scheduled date of commencement of dividend payment: Supplementary documents for financial results:
Yes
Quarterly results briefing:
No(Amounts of less than one million yen are truncated)

1. Consolidated Financial Results for the Three Months Ended June 30, 2019 (April 1, 2019–June 30, 2019)(1) Consolidated Results of Operations (Accumulated Total)

Three months ended
June 30, 2019
June 30, 2018
(Note) Comprehensive income:Three months ended
June 30, 2019
June 30, 2018(% figures show year-on-year change)
Profit attributable toNet sales
Operating income
Ordinary income
owners of parent
Million Yen% Million Yen% Million Yen% Million Yen%
210,964
4,772 30.6
5,225 26.7
3,471
1.1
9.8
208,615
3,654 -32.3
4,124 -29.3
3,162 -19.7
3.3
2,545 million Yen (-22.6%)
Three months ended June 30, 2019
3,287 million Yen (54.9%)
Three months ended June 30, 2018
Fully diluted net
Net income per shareincome
Yen
Yen
11.75
11.75
10.70
10.69

(2) Consolidated financial position

As of June 30, 2019
As of March 31, 2019
(Reference) Shareholders’ equity:

Total assets
Net assets
Million Yen
Million Yen
406,636
221,552
393,392
224,074
As of June 30, 2019
As of March 31, 2019

Equity ratio%
54.2
56.6
220,247 million Yen
222,765 million Yen

2. Dividends

Firstquarter-end

Secondquarter-end

For the fiscal year ended
Yen
March 31, 2019－
March 31, 2020－
For the fiscal year ending
March 31, 2020
(Forecast)(Note) Changes to most recent dividend forecast: None

Thirdquarter-end

Fiscalquarter-end

Yen
0.00

Yen－

Yen
17.00

Yen
17.00

0.00

－

17.00

17.00

Total

3. Forecast of Consolidated Financial Results for the Fiscal Year Ending March 31, 2020
(April 1, 2019 to March 31, 2020)Net Sales

Operating income

Million Yen% Million Yen
440,000
10,000
Second quarter-end
3.2(Cumulative)
880,000
18,000
Full year
3.4(Note) Changes to most recent financial results forecast: None%
25.8
24.21

(% figures show year-on-year change)
Profit attributable toOrdinary income
Net income per shareowners of parent
Million Yen% Million Yen%Yen
11,000 27.8
7,700 27.1
26.07
20,00027.6

14,000

32.2

47.40

Consolidated Financial Statements(1) Consolidated Balance Sheets(Million Yen)
As of March 31, 2019ASSETS
Current assets
Cash and depositsNotes and account receivable - trade
Merchandise and finished goods
Work in process
Raw materials and supplies
OtherAllowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles, net
Tools, furniture & fixtures, net
Land
Leased assets, netOthers, net
Total property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Investment securities
Net defined benefit assets
OtherAllowance for doubtful receivables
Total investments and other assets
Total non-current assets
Total Assets

2

As of June 30, 201934,944
98,76967,596
1,740
19,5716,966(9)229,580

33,145
101,727
76,165
1,793
22,8368,874(10)244,534

36,93831,515
1,454
25,323
1,543
1,972
98,74736,78430,9201,425
25,2782,550
2,211
99,171

22,576
1,623
24,19922,1991,601
23,80024,912
9,162
6,908
(118)
40,865
163,812393,392

23,093
9,455
6,697
(116)
39,129162,102406,636(Million Yen)
As of March 31, 2019
Liabilities
Current liabilitiesNotes and accounts payable - trade
Electronically recorded obligations
Short-term loans payable
Current portion of Long-term loans
Income taxes payable
Provision for bonuses
Provision for directors’ bonuses
Other
Total current liabilities
Non-current liabilities
Long-term loans payable
Net defined benefit liability
Asset retirement obligation
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholder's equity
Capital stock
Capital surplus
Retained earnings
Treasury stock
Total shareholder's equity
Other accumulated comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plan
Total accumulated other comprehensive income
Subscription rights to shares
Non-controlling interests
Total net assets
Total liabilities and net assets

3

As of June 30, 2019

63,161
1,671
34,164
5,209
2,131
4,724
96
28,297
139,456

71,1691,582
35,592
5,199
604
1,517
34
38,014
153,715

21,052
1,668
1,206
5,933
29,861
169,317

21,004
1,665
1,208
7,490
31,368185,084

30,00396,301
95,374(1,849)219,829

30,00396,301
93,824(1,849)218,279

5,263
(928)
(2,876)
1,475
2,935
139
1,169
224,074
393,392

4,099(917)(2,817)
1,602
1,967
139
1,164
221,552
406,636(2) Consolidated statements of income and comprehensive income(Consolidated statements of income)(April 1,2019 – June 30, 2019)

Net sales
Cost of goods sold
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividend income
Rent income
Equity in income of affiliates
OtherTotal non-operating income
Non-operating expenses
Interest expenses
Rent on real estate
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sales of non-current assets
Gain on sales of investment securities
Insurance income
Other
Total extra-ordinary income
Extraordinary loss
Loss on retirement of non-current assets
Loss on disaster
OthersTotal extra-ordinary expenses
Net income before taxes
Income taxes-current
Income taxes-deferred
Total income taxes
Net income
Income (loss) attributable to non-controlling interests
Income attributable to owners of parent

4

Three months ended
June 30, 2018
208,615
178,144
30,471
26,816
3,654(Million Yen)
Three months ended
June 30, 2019
210,964
178,826
32,13827,366
4,772

23
123
102
170
322
742

30
127
108
142
323
732

231
28
13
272
4,124

219
32
27
279
5,225

0
513
210
724

38
4
84
13
140

48
17
0
66
4,782
283
1,311
1,595
3,187
25
3,162

65
8
74
5,291
464
1,318
1,783
3,508
36
3,471

(Consolidated statements of comprehensive income)(April 1,2019 – June 30, 2019)

Net income
Other comprehensive income
Valuation difference on available-for- sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plan
Share of other comprehensive income of entities accounted forusing equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests

5

Three months ended
June 30, 2018
3,187

(Million Yen)
Three months ended
June 30, 2019
3,508

526
(298)
(256)
(11)

(1,128)11250
144

140(241)

100
3,287

(963)
2,545

3,260
27

2,50440