Financial Results for the First Quarter of Fiscal Year Ending March 31, 2013
August 7, 2012
1st Section of the Tokyo Stock Exchange

Listed Company Name

: JMS Co., Ltd.

Stock Code: 7702

(URL http://www.jms.cc/)

Representative:: Hiroaki Okukubo, President and Representative Director

Contact: Masaki Endo, Executive Officer, Head of Business Administrative OfficeTEL: +81-82-243-5844

Filling date of quarterly reporting: August 10, 2012

Supplemental material on quarterly reporting: NonePresentation on quarterly results: None: －Payment date of cash dividends(Note: Amounts below are rounded down to the nearest million yen)
１． Consolidated Financial Highlights for the Interim Period Ended June 2012 (From April 1, 2012 to June 30, 2012)(1) Consolidated Financial Results(%: change from the same previous period)
Operating income

Net sales

Ordinary income

Net income

Millions of yen%%

Millions of yen%

Millions of yen%Three months ended June 30, 2012

11,8434.9

312 (12.2)

430

2.2

284

24.2

Three months ended June 30, 2011

11,2922.7355 (24.3)

421 (16.3)

229(2.7)(Note)

Millions of yen

Comprehensive income : Three months ended June 30, 2012 : 76 million yen 〔(73.5)%〕, Three months ended June 30, 2011 : 287 million yen 〔－%〕.
Net income per share,fully diluted

Net income per share
Yen
6.59

Yen

Three months ended June 30, 2012
Three months ended June 30, 2011

5.31－－(2) Consolidated Financial Position
Total assets

Net assets

Equity ratio

Millions of yen

Millions of yen%

As at June 30, 2012

45,38025,08455.2

As at March 31, 2012

45,43025,18455.3(Note)

Shareholders' equity : June 30, 2012 : 25,027 million yen, March 31, 2012 : 25,127 million yen.

2. Dividends
Dividends per share
1st quarter
Yen
Year ended March 31, 2012－

Year ending March 31, 2013－

2nd quarter
Yen
4.00

3rd quarterYen－

4th quarter
Yen
4.00

4.00

－

4.00

Year ending March 31, 2013 (forecast)(Note)

Total
Yen
8.00

8.00

Revisions to the forecast of dividends since the last announcement. : None

3. Consolidated Forecast for the Year Ending March 2013 (From April 1, 2012 to March 31, 2013)

Net sales
Millions of yen

Operating income

Half year ending September 30, 2012

23,700%5.6

Year ending March 31, 2013

48,0002.5(Note)

Millions of yen%
1,100 165.4

2,300 118.6

Ordinary income
Millions of yen%
1,200 105.3

2,50080.8(%: change from the same previous period)
Net income
Net income
per share
Millions of yen
Yen%
750 162.1
1,550

Revisions to the forecast of consolidated results since the last announcement. : None

The aforementioned projections are based on the information currently available, and may contain some uncertainties.
The final results might be significantly different from the aforementioned projections due to changes in business conditions.

Page 1 of 364.5

17.38
35.92

Consolidated Balance SheetJMS CO., LTD. and Consolidated Subsidiaries(Millions of yen)
As at March 31,
2012
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable-trade
Merchandise and finished goods
Work in process
Raw materials and supplies
Other
Allowance for doubtful accounts
Total current assets
Noncurrent assets
Property, plant and equipment
Intangible assets
Investments and other assets
Investments and other assets, grossAllowance for doubtful accounts
Total investments and other assets
Total noncurrent assets
Total assets
Liabilities
Current liabilities
Notes and accounts payable-trade
Short-term loans payable
Current portion of long-term loans payable
Income taxes payable
Provision for product warranties
Provision for bonuses
Asset retirement obligations
Other
Total current liabilities
Noncurrent liabilities
Long-term loans payable
Provision for retirement benefits
Provision for directors' retirement benefits
Asset retirement obligations
Other
Total noncurrent liabilities
Total liabilities
Net assets
Shareholders' equity
Capital stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders' equityAccumulated other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Total accumulated other comprehensive income
Minority interests
Total net assets
Total liabilities and net assets

Page 2 of 3

As at June 30,
2012

3,474
14,991
4,800
1,750
2,673
881
(7)
28,564

3,869
14,117
5,006
1,779
2,592
794
(6)
28,153

13,076708

13,556
715

3,086
(5)
3,080
16,86545,430

2,959
(5)
2,954
17,22645,380

7,271
3,306
1,235
329
6992
21
3,303
16,466

7,2923,089
1,250
121
5566
21
4,314
16,662

2,610
226
30
165
746
3,779
20,245

2,454
224
33
166
754
3,632
20,295

6,522
9,473
11,755(270)
27,481

6,522
9,473
11,867(270)
27,59331(2,385)(2,353)56
25,18445,430(45)(2,520)(2,566)57
25,08445,380Consolidated Statements of Income
JMS CO., LTD. and Consolidated Subsidiaries(Millions of yen)Three months ended
June 30, 2012

Three months ended
June 30, 2011
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating incomeNon-operating income
Interest income
Dividends income
Equity in earnings of affiliates
Foreign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Foreign exchange losses
Commission fee
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sales of noncurrent assets
Total extraordinary income
Extraordinary loss
Loss on sales of noncurrent assets
Loss on abandonment of noncurrent assets
Impairment loss
Total extraordinary losses
Income before income taxes and minority interests
Income taxes-current
Income taxes-deferred
Total income taxes
Income before minority interests
Minority interests in income
Net income

11,292
8,064
3,228
2,872
355

11,843
8,534
3,308
2,996
312

191170―
30
132

11049
58
29150

21
33
6466
421

18―
10332
430

00000
10
14
24
397
88
75
164
232
3229

0
6―
6424
69
66
136
288
4284

Consolidated Statements of comprehensive income
JMS CO., LTD. and Consolidated Subsidiaries(Millions of yen)Three months ended
June 30, 2012

Three months ended
June 30, 2011
Income before minority interests
Other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of the parent
Comprehensive income attributable to minority interests

Page 3 of 3

232

288

(27)
82
54287

(77)
(135)
(212)
76

284
3750