NIPPON THOMPSON CO., LTD.
Corporate Headquarters: Tokyo
Listed Code: 6480
Li sted Stock Exchange: Tokyo(URL: http://www.ikont.co.jp/eg/)August 10, 2017

Consolidated Financial Reportfor the First Quarter of the Fiscal Year Ending March 31, 2018
<Japanese GAAP>
Representative: Shigeki Miyachi, President and Representative Director
For further information contact: Kesaaki Ushikoshi, General Manager of Accounting Department
Telephone: +81-3-3448-5824
Scheduled Date to Submit Quarterly Annual Securities Report:
Expected Date of Payment for Dividends:
Preparation of Supplementary Explanation Material for Quarterly Financial Results:
Holding of Presentation Meeting for Quarterly Financial Results:

August 10, 2017
－None
None

Figures have been rounded off to eliminate amounts less than one million yen.

1. Consolidated Operating Performance for the First Quarter of Fiscal Year Ending March 31, 2018
(From April 1, 2017 to June 30, 2017)(1) Results of Consolidated Operations(Millions of yen)

June 30, 2017
June 30, 2016

Net sales

PercentagechangeOperatingincomePercentagechangeOrdinary
incomePercentagechange12,906
10,67720.9(8.2)

480636(24.5)(36.6)

514
61

735.2
(95.1)

Note: Comprehensive income
Three-month period ended June 30, 2017: (1,215) million yen－%
Three-month period ended June 30, 2016: (1,642) million yen－%: Percentage change for net sales, operating income, ordinary income, and profit attributable to owners of parent indicate
percentage increase/decrease compared to the same period in the previous year.

June 30, 2017
June 30, 2016

Profitattributable toowners ofparent702(30)

PercentagechangeEarnings
per share(Yen)

－－

9.78
(0.42)

1Dilutedearnings
per share(Yen)
9.76－

The 1st quarter of the fiscal year 2018

(2) Consolidated Financial Position
Total assets

Net assets

June 30, 2017
96,221March 31, 2017
99,627
Reference: Shareholders’ equity
As of June 30, 2017:
As of March 31, 2017:

59,36258,605(Millions of yen)
Net assets
per share (Yen)
820.45810.11Equity ratio
(%)
61.3
58.4

58,976 million yen
58,216 million yen

2. Dividends(Yen)
Dividends per share
Base dateJune 30

2018(Forecast)
2018
2017

－－

September 30
6.50

December 31－

March 31
6.50

Full Fiscal Year
13.00

6.50

－

6.50

13.00

Note: Change in the current three-month period ended June 30, 2017, to dividend forecast: None

3. Forecast of Consolidated Operating Performance for the Fiscal Year Ending March 31, 2018

Six-month period ending
September 30, 2017
Year ending March
31, 2018

Six-month period ending
September 30, 2017
Year ending March
31, 2018

Net sales

PercentagechangeOperatingincome

PercentagechangeOrdinaryincome(Millions of yen)
Percentagechange25,000

17.6

1,400

101.7

1,300

－

50,000

13.3

3,000

161.9

2,900

220.3

Profitattributable toowners ofparent

PercentagechangeEarnings
per share(Yen)

1,200－

16.69

2,200－

30.59

Notes: Percentage change for net sales, operating income, ordinary income, and profit attributable to owners of parent indicate
percentage increase/decrease compared to the same period in the previous year.
Change in the current three-month period ended June 30, 2017, to consolidated operating performance forecast: None2

The 1st quarter of the fiscal year 2018

4. Others(1) Changes in the state of significant subsidiaries during the period (Changes regarding specific companies accompanying
changes in the scope of consolidation): None
(2) Application of the special accounting methods for the presentation of the quarterly consolidated financial statements: Yes
Note: For further details, please refer on page 8.
(3) Changes in accounting principles and accounting estimates, and restatements
Changes in accounting principles arising from revision of accounting standards:
Changes other than those in above:
Changes in accounting estimates:
Restatements:

None
None
None
None

(4) Number of shares issued (Common stock)
Number of shares outstanding at period-end (Including treasury stock)
As of June 30, 2017:
As of March 31, 2017:

73,501,425 shares
73,501,425 shares

Number of treasury stock
As of June 30, 2017:
As of March 31, 2017:

1,618,590 shares
1,638,790 shares

Average number of shares outstanding at period-end
Three-month period ended June 30, 2017:
Three-month period ended June 30, 2016:

71,876,169 shares
72,383,671 shares

Note: The number of treasury stock includes treasury stock held by the ESOP trust. This resulted in the addition to treasury
stock of 93,500 shares as of June 30, 2017 and 113,700 shares as of March 31, 2017. In addition, treasury stock heldby the ESOP trust is excluded from the calculation of the average number of shares outstanding at period-end, as isother treasury stock. The number of shares excluded from said calculation totaled 100,166 shares for the three-month
period ended June 30, 2017 and 315,600 shares for the three-month period ended June 30, 2016.

These consolidated financial statements are not subject to quarterly review by auditors
Explanations or Other Items Pertaining to Appropriate use of Operating Performance Forecasts
Performance forecasts presented herein are based on information available to the Nippon Thompson Group (the“Group”) as of the date of this document, August 10, 2017. Accordingly, for a wide variety of reasons, there remains thepossibility that actual performance results may differ from projections.

3

The 1st quarter of the fiscal year 2018

5. Consolidated Financial Statements(1) Consolidated Balance Sheets

As of June 30, 2017 and March 31, 2017
Millions of yen
March 31,
June 30,
2017
2017

ASSETS
Current Assets:
Cash and deposits
Notes and accounts receivable-trade
Securities
Finished products
Material in process
Raw material
OthersLess: Allowance for doubtful accounts
Total current assets
Fixed Assets:Tangible fixed assets:
Machinery and vehicles
OthersTotal tangible fixed assets
Intangible fixed assets
Investments and other assets:
Investment securities
OthersLess: Allowance for doubtful accounts
Total investments and other assets
Total fixed assets
TOTAL ASSETS

4

14,261
13,6882,500
12,342
8,436
4,693
3,276
(11)
59,18820,24013,113－
13,186
7,892
4,837
3,369
(11)
62,62910,282
10,237
20,5203,217

10,548
10,32420,872
3,374

10,9262,412(45)
13,29437,032

10,4402,356(45)12,751
36,99896,221

99,627

The 1st quarter of the fiscal year 2018

Millions of yen
March 31,June 30,2017
2017

LIABILITIESCurrent Liabilities:
Notes and accounts payable-trade
Short-term loans payable
Current portion of bonds
Current portion of long-term loans payable
Income taxes payable
Allowance for directors’ and corporate auditors’ bonuses
OthersTotal current liabilities

8,826
179
－
3,087
272
15
4,943
17,323

8,143
400
5,000
3,133
202
60
3,920
20,861Long-Term Liabilities:
Corporate bondLong-term loans payable
Net defined benefit liabilitiesOthers
Total long-term liabilities

10,000
7,458
115
1,961
19,535

10,000
8,133
182
1,844
20,160TOTAL LIABILITIES

36,85841,021

Shareholders’ Equity:
Common stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders’ equity

9,533
12,88733,036(792)
54,663

9,533
12,88732,801(801)
54,420

Accumulated Other Comprehensive Income:Net unrealized holding gains on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustments
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Subscription rights to shares
Non-controlling interests

4,332
(0)
42(61)
4,312
30
355

3,975
6(104)
(82)
3,795
30
359

TOTAL NET ASSETS

59,36258,605TOTAL LIABILITIES AND NET ASSETS

96,221

99,627NET ASSETS

5

The 1st quarter of the fiscal year 2018

(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income
Consolidated Statements of Income
For the first quarter ended June 30, 2017 and 2016

Millions of yen
June 30,
June 30,
2016
2017
Net Sales
Cost of Sales
Gross Profit
Selling, General and Administrative Expenses
Operating Income
Non-Operating Income:Interest income
Dividend income
Others

Non-Operating Expenses:
Interest expenses
Sales discounts
Foreign exchange losses
OthersOrdinary Income
Extraordinary income:Gain on sales of fixed assets

Income before Income Taxes
Income Taxes
Profit (loss)
Profit attributable to non-controlling interests
Profit (loss) attributable to owners of parent

612,906
9,208
3,697
3,217

10,677
7,160
3,516
2,880

480

636

194
45
141

2
89
34
127

42
51－
14
108

28
32
600
40702

514

61

35
35－
－

549

61

(159)
709
6702

90(29)
1(30)The 1st quarter of the fiscal year 2018

Consolidated Statements of Comprehensive Income
For the first quarter ended June 30, 2017 and 2016

Millions of yen
June 30,June 30,
2016
2017
Profit (loss)
Other Comprehensive Income:Net unrealized holding gains on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustments
Remeasurements of defined benefit plans
Total Other Comprehensive Income
Comprehensive Income709(29)356(7)
136
20506
1,215(644)18(997)
11(1,613)(1,642)

Breakdown:Comprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests

1,219
(3)

(1,641)(1)

7

The 1st quarter of the fiscal year 2018

(3) Notes on the Premise of a Going Concern
There are no applicable articles.

(4) Notes on the Statement of Changes in Consolidated Shareholders’ Equity
There are no applicable articles.
(5) Application of the special accounting methods for the presentation of the quarterly consolidated financial
statements
Calculation of tax expenses
Tax expenses are calculated by reasonably estimating the effective tax rate after the application of deferred tax accounting
on profit before income taxes in the current consolidated fiscal year, including the first quarter, and multiplying profit before
income taxes by said estimated effective tax rate.

8