November 12, 2018

Financial Results for the Fiscal Year Ending September 30, 2018
Company name:
Obara Group Inc.
Stock exchange listing: First Section of the Tokyo Stock Exchange
Stock code number:6877
URL: http://www.obara-g.com/en/
Representative:
Yasushi Obara, President
Contact:
Seibi Iidaka, Manager of IR & Corporate Planning Department
Telephone number:+81-46-271-2124
Scheduled date of ordinary general meeting of shareholders: December 21, 2018
Scheduled date of filing financial statement: December 25, 2018
Scheduled date of commencement of dividend payment: December 25, 2018
Supplementary material: Yes
Financial results meeting: Yes(Figures are rounded off to the nearest one million yen.)

1. Consolidated Results for FY 2018 (October 1, 2017 through September 30, 2018)(1) Business Results
Net sales(Percentages indicate changes from the previous fiscal year.)

Operating income

Millions of yen%

Millions of yen

Ordinary income%Millions of yen

FY201851,148
9.9
9,319
3.3
9,985
FY201746,536
(7.2)
9,017
(7.5)
9,888
(Note) Comprehensive income: 7,829 million yen, (24.4)% (FY2018); 10,360 million yen, 558.8% (FY2017)
Diluted net income
per share

Net income pershare
FY2018FY2017Return on equity

YenYen448.77345.71429.91331.19Net income%Millions of yen

1.0
4.6

8,200
6,323

Ordinary profit
to gross assets%%

29.7(10.5)

Operating profit
to net sales
%

17.9
16.1%

14.1
16.0

18.2
19.4

(Note) Equity in earnings/losses of unconsolidated subsidiaries and affiliates: ‒ million yen (FY2018), ‒ million yen (FY2017)(2) Financial Position
Total assets

Net assets

Shareholders’ equity ratio

Net assets per share

Millions of yen

Millions of yen%

Yen

74,164
67,33948,08743,65064.7
64.7

2,655.28
2,381.57

FY2018FY2017(Note) Shareholders’ equity: 47,982 million yen (FY2018), 43,560 million yen (FY2017)(3) Cash Flow
Cash flowfrom operating activities

Cash flowfrom investing activities

Cash flowfrom financing activities

Cash and cash
equivalents at end of year

Millions of yen

Millions of yen

Millions of yen

Millions of yen

8,099
6,126

(3,433)(3,710)(4,645)(1,668)14,43014,421FY2018FY2017
2. Dividends

Dividend per share
Total dividend(Annual)End of Q1

End of Q2

End of Q3

End of FY

YenYen

Yen

Yen

Yen

Payment ratio(Consolidated)

Total
Millions of yen

Dividend
on equity(Consolidated)%%

FY2017

‒

30.00

‒

80.00

110.00

2,011

31.8

5.1

FY2018

‒

40.00

‒

70.00

110.00

1,996

24.5

4.4

FY2019（Forecast）‒40.00

‒

50.00

90.00

23.2

3. Consolidated Financial Forecast for the FY2019 (October 1, 2018 through September 30, 2019)(Percentages indicate changes from the corresponding periods of the previous fiscal year.)Net sales
Millions of yen

First Half of FY2019Full Year

27,00053,000Operating income
%

9.6
3.6

Millions of yen

4,800
9,500

Ordinary income%

6.7
1.9

Millions of yen

5,000
9,900

Net income
per share

Net income%

9.2
(0.9)

Millions of yen

3,500
7,000%

Yen(18.8)(14.6)

193.68387.37This English version is not an official translation of the original Japanese document. In cases where any differences occur between the English version and theoriginal Japanese version, the Japanese version shall prevail. Obara Group Inc. assumes no responsibility for accuracy, correctness or contents of this English text.