Consolidated business results
Financial Results for the year ended March 31,2017

May 9, 2017

ROUND ONE corporation

TSE First section

Code No.4680
URL http://www.round1.co.jp/C.E.O. and President
Masahiko Sugino
Managing Director and General Manager of Administrative Division Shinji Sasae
Tel : +72-224-5115
Date of Regular General Shareholder's Meeting : June 24, 2017.
Dividend will be paid on after June 26, 2017.
Date of presentation expected date of securities report : June 26, 2017.
( Figures are rounded down to the nearest million yen.)

1. Business Results for the year ended in March 2017. ( April 1, 2016 to March 31, 2017 )(1) Operating Results( % is percentage change comparing to previous term.)

Sales

\mn
FY2016 (2017/3)
FY2015 (2016/3)(Note)

Comprehensive income\mn％

87,776
83,5165.1(0.5)

FY2016 : \3,049mn -%Earnings per share

\mn％

6,681
6,367

5,858
5,402

4.9(4.1)

Net income per share,
fully diluted

Return onequity-

5.40.9\(Note)

2,735
449％

509.0-

Ordinary income to Operating income tosales ratio
total assets ratio％％％

Investment gains and losses by the equity method\mn％8.4(12.2)

FY2015 : \10mn -%

28.71
4.71

FY2016 (2017/3)
FY2015 (2016/3)

Profit attributable toowners of parent

Ordinary income

Operating income

5.75.07.6
7.6

FY 2016 : None , FY 2015 : None

(2) Financial Status
Net assets

Total assets\mn(Note)％\50,872
49,730

\mn

50.0
47.6

534.00521.99Cash flow by
investing activities

Cash flow byfinancing activities

101,712104,535

FY2016 (2017/3)
FY2015 (2016/3)
Shareholder's equity

Net assets per share

Equity ratioFY2016 : \50,872mn , FY2015 : \49,730mn(3) Cash Flow
Cash flow by
operating activities\mn\mn17,217
15,955FY2016 (2017/3)
FY2015 (2016/3)

Cash and cash equivalents
at the end of period\mn\mn(16,964)(15,309)(3,527)(5,082)

20,19723,1992.Dividend Payment
Annual dividend per share
1Q

2Q
\-

FY2015 (2016/3)
FY2016 (2017/3)
FY2017(2018/3)(estimate)

3Q\10.00
10.00
10.00-Dividend payout
ratio

Ratio of dividends paid
to shareholder's equity(annual)(Consolidated)(Consolidated)AnnualTerm\Total amount ofdividend\\

10.00
10.00
10.00

20.00
20.00
20.00

\mn

1,905
1,905％％

424.6
69.7
52.9

3.8
3.8

3.Forecasts for the FY2017. ( April 1, 2017 to March 31, 2018 )( % for term is percentage change comparing to previous term , % for quarter is percentage change comparing to the same quarter in previous term.)

Sales (Consolidate)\mn

Ordinary Income(Consolidate)

Operating Income(Consolidate)\mn％\44,550

4.4

3,334

23.7

3,100

50.2

1,780

84.0

18.68

FY2017(2018/3)

92,2005.0

7,1707.3

6,700

14.4

3,600

31.6

37.79％-1-％\mn

Earnings per share(Consolidate)

2nd quarter-end％\mnProfit attributable to ownersof parent (Consolidate)

4.Others(1) The change of the important subsidiary during the term. (Change in consolidation scope in subsidiary.)None(2) Change in accounting method, accounting principle, how to disclose, and others to make the consolidated financial statements.
① Change in accounting standard : Yes② Without above ① : None
③ Change in accounting estimate : None
④ Retrospective restatement : None
(3) Number of shares outstanding during the term (Common stock)95,452,914
95,452,914 FY2015① Number of shares issued at the term end. ( Include treasury stock) FY2016
186,453 FY2015
183,656② Number of treasury stock at the term end.
FY2016
95,268,023 FY2015
95,270,987③ Number of average stock.
FY2016(Reference)Non-consolidate business results

1. Business Results for the year ended in March 2017. ( April 1, 2016 to March 31, 2017 )(1) Operating Results( % is percentage change comparing to previous term.)

Sales

Operating Income\mnFY2016 (2017/3)
FY2015 (2016/3)

80,52578,348％2.8(4.4)

Earnings per Share

\mn
4,503
4,006

Ordinary Income\mn％12.4(10.0)

5,416
5,159％

5.0(17.8)

Net Income\mn％

2,851
214

-

Net Income per share,
fully diluted\FY2016 (2017/3)
FY2015 (2016/3)

-

29.93
2.26

(2) Financial Status
Total Assets

Net Assets\mn
FY2016 (2017/3)
FY2015 (2016/3)(Note)

Shareholder's equity

92,56596,330Shareholder's Equity Ratio\mn
50,37149,427

Shareholder's Equity
Per Share％\54.4
51.3

528.74518.82FY2016(2017/3) : \50,371mn , FY2015(2016/3) : \49,427mn※ Financial statements are not included in the scope of audit.
※ Explanation about the appropriate usage of business prospects and other special notes.
・ The above-mentioned business forecasts were based on the information available as of the date of the release of this report,
no warranty is given as to the realization of the forecasts.
・ Future events may cause the actual results to be significantly different from the forecasts.

-2-

Consolidated Balance sheets - 1(million of yen)
Term

Item

End of Previous Term

End of Current Term(as of March 31, 2016)(as of March 31, 2017)

AmountAmount( Assets )1.Current assets
Cash and deposit
Accounts receivable
Merchandise
Supplies
OthersCurrent assets total

23,199
647
388
1,188
2,293
27,717

20,197
744
380
1,218
2,891
25,432

71,428(35,291)
36,137
3,633(2,390)1,243
3,627(3,592)
34
6,374
27,467(14,242)
13,225
10,844(7,441)
3,402
60,417
167

70,314(34,584)
35,7304,322(2,723)1,599
3,491(3,466)24
5,736
29,075(13,872)
15,202
10,499(7,776)
2,722
61,016
179

51
5,135
10,695350
16,232
76,817
104,535

19
4,723
10,063276
15,082
76,279101,7122.Fixed assets
Tangible fixed assets
Buildings and structures
Accumulated depreciation
Buildings and structures(Net)
Bowling equipment
Accumulated depreciation
Bowling equipment(Net)
Amusement machines
Accumulated depreciation
Amusement machines(Net)Land
Lease asset
Accumulated depreciation
Lease asset(Net)
Others
Accumulated depreciation
Others(Net)
Tangible fixed assets total
Intangible fixed assets
Investments and other assetsInvestments in capital
Deferred tax assets
Guarantee equipment
OthersInvestments and other assets total
Fixed assets total
Total assets
Note (1) Figures are rounded down to the nearest million yen.

-3-Consolidated Balance sheets - 2(million of yen)Term

End of Previous Term

End of Current Term(as of March 31, 2016)(as of March 31, 2017)

AmountAmountItem( Liabilities )1.Current liabilities
Account payable
Short-term loans
Bonds to be redeemed within one year
Long-term loans to be repaid within one year
Lease obligation
Corporate tax payable etc.
OthersCurrent liabilities total

477
678
170
6,364
7,494
620
5,286
21,090

676
678
170
4,748
9,327
640
5,492
21,732

1,105
14,509
278
8,544
6,386
491
2,398
33,71454,805

935
9,909
299
8,646
200
6,257
473
2,384
29,10650,83925,021
24,543272(328)
49,50825,021
22,6383,007(330)
50,336

(138)
360
221
49,730104,535

(138)
674
535
50,872
101,712

Fixed liabilities
Bonds
Long-term loans
Officer's retirement allowance
Lease obligation
Deferred tax liabilities
Asset retirement obligations
Long-term guarantee deposited
OthersFixed liabilities total
Liabilities total(Net assets)
1.Shareholder's equity
Capital stock
Capital surplus
Profit reserve
Treasury stock
Shareholder's equity total
2.Difference from revaluation andexchange rate changes
Difference for land revaluation
Foreign currency translation adjustments
Accumulated other comprehensive income
Net assets total
Total liabilities and net assets
Note (1) Figures are rounded down to the nearest million yen.

-4-Consolidated Profit & Loss Statements(million of yen)Previous Term

Current Term

From April 1, 2015

From April 1, 2016

to March 31, 2016

to March 31, 2017

AmountAmountSales

83,516

87,776

Cost of sales

75,09078,840Gross profit

8,426

8,935

2,058

2,253

6,367

6,681

63
36
32
148
281

31
46
60
96
234

834
337
74
1,246

571
387
99
1,058

5,402

5,858

-

5866
124

456
3,052
3,508

427
1,598
68
302
2,396

1,894
674
770
1,444
449
449

3,586
287
563
850
2,735
2,735

449

2,735(438)
(438)

314
314

10

3,049

10-

3,049-

Selling, general & administrative expenses
Operating income
Non-operating income
Interest and dividend income
Operations consignment fee
Subsidy income
OthersNon-operating expenses
Interest expense
Foreign exchange losses
OthersOrdinary income
Extraordinary gain
Gain on sales of property, fixed assets
Insurance income

Extraordinary loss
Loss on disposal of property, fixed assets
Impairment loss
Loss on disaster
Loss on dosing of stores

Pretax net income for the current term
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitProfit attributable to owners of parent
Note : Figures are rounded down to the nearest million yen.

ProfitOther comprehensive income
Foreign currency translation adjustments
Total other comprehensive income

Comprehensive income(Detail)Comprehensive income attributable to owner of the parent
Comprehensive income attributable to minority interest-5-

Consolidated Statements of Shareholders Equity
Previous Term (From April 1,2015 to March 31,2016)(million of yen)
Shareholders' equity
Capital stock
Balance as of term
beginning
Change in current term
Dividends of profit reserve
Profit attributable toowners
Purchase of treasurystock
Change in current term
without capital stock
items
Change in current term
total
Balance as of term ending

Balance as of term
beginning
Change in current term
Dividends of profit reserve
Profit attributable toowners
Purchase of treasurystock
Change in current term
without capital stock
items
Change in current term
total
Balance as of term ending

Capital surplus

25,021

Profit reserve

Shareholders' equity
total

Treasury stock

25,496775(326)

50,967

(952)

(952)

(1,905)

449

449
(2)

(2)

-(952)(503)(2)(1,458)25,021

24,543272(328)49,508

Accumulated other Comprehensive income
Total accumulated
Difference for land
Foreign currency
other comprehensive
revaluationtranslation adjustment
income
(138)

798

659

Net assets total

51,626(1,905)
449
(2)

(438)

(438)

(438)

-(438)(438)(1,896)

(138)

360

221

49,730-6-

Consolidated Statements of Shareholders Equity
Current Term (From April 1,2016 to March 31,2017)(million of yen)
Shareholders' equity
Capital stock
Balance as of term
beginning
Change in current term

Capital surplus

25,021Dividends of profit reserveProfit reserve

24,543

272

2,735

2,735
(2)

(2)

-(1,905)

2,735

(2)

828

25,021

22,638

3,007

(330)

50,336

Accumulated other Comprehensive income
Total accumulated
Foreign currency
other comprehensive
translation adjustment
income
(138)

360

221

Net assets total

49,730

Dividends of profit reserve(1,905)

Profit attributable to ownersof parent

2,735

Purchase of treasury
stock
Change in current term
without capital stock
items
Change in current term
total
Balance as of term ending

49,508(1,905)Difference for land
revaluationBalance as of term
beginning
Change in current term

(328)

(1,905)

Profit attributable to ownersof parent

Purchase of treasurystock
Change in current term
without capital stock
items
Change in current term
total
Balance as of term ending

Shareholders' equity
total

Treasury stock

(2)
314

314

314-

314

314

1,142

(138)

674

535

50,872-7-

Consolidated Statements of Cash Flow(million of yen)Previous Term

Current Term

From April 1, 2015
to March 31, 2016

From April 1, 2016
to March 31, 2017

AmountAmount

Cash flow from operating activities
Net income before taxes
Depreciation expenses
Impairment loss
Increase(decrease) in officer's retirement allowanceInterest and dividend received
Interest paid
Fixed assets sales loss(gain)
Fixed assets disposal losses
Decrease(increase) in accounts receivables
Decrease(increase) in inventory
Increase(decrease) in account payable
OthersSubtotalInterest and dividends received
Interest paid
Corporate taxes refund
Corporate taxes paid
Total cash flow from operating activities

1,894
11,444
3,052
(6)
(63)
834
456
22(359)152(578)
16,84842(839)456(553)
15,955

3,586
11,9401,598
20(31)
571(58)
427(96)
(16)
194
436
18,57213(565)2(805)
17,217(5,636)
(79)
644
(11)
(5,082)(5,237)
1,460
(306)
(239)
762
32
(3,527)28(8,770)
2,400(6,524)(170)(1,060)694(2)(1,905)(15,309)(140)(4,577)
27,77723,199(9,208)1,500(7,716)
(170)
(30)
567
(2)
(1,905)(16,964)273(3,002)
23,19920,197

Cash flow from investing activities
Payment for acquisition of fixed asset investment
Proceeds from sales of fixed asset
Payments for asset retirement obligation
Payment for guarantee equipment
Proceeds from collection of guarantee equioment
OthersTotal cash flow from investing activities

Cash flow from financing activities
Increase(decrease) in short-term loan
Payment for lease obligation
Proceeds from long-term loans
Payment for long-term loans
Payment for bond redemption
Repayments deposits received
Proceeds deposits received
Payment for acquisition treasury stock
Dividend payments
Total cash flow from financing activities

Effect of exchange rate changes on cash and cash equivalents
Increase(decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of term
Cash and cash equivalents at end of term
Note : Figures are rounded down to the nearest million yen.

-8-