Summary of Business Results for the Third Quarter Ended December 31, 2019
[Japan GAAP] (Consolidated)
February 14, 2020
Listed on the TSE
URL: http://www.akatsuki-fg.com/

CompanyAkatsuki Corp.
Stock Code8737
Representative
Hideaki Shimane, President and Representative Director
Contact
Michihiro Kitano, Executive Officer, Head of President office
Expected date of filing of quarterly report: February 14, 2020
Expected starting date of dividend payment: Preparation of quarterly supplementary financial document: None
Quarterly results briefing: None

T E L: +81-3-6821-0606（Rounded down to million yen）

１. Consolidated business results for the nine months ended December 2019
(April 1, 2019 through December 31, 2019)(1) Consolidated results of operations(% change from the previous corresponding period)

Operating income

Ordinary income

Net income attributableto owners of parent

Million yen%

Million yen%

Million yen%

Nine months ended Dec. 201924,039
1.4
7,301
3.5
923
Nine months ended Dec. 2018
23,716
46.2
7,051
7.0
714
(Note) Comprehensive income
Nine months ended December 2019: 414 million yen (155.3%)
Nine months ended December 2018: 162 million yen (-86.1%)
Net income
Diluted net income perper shareshareYen
Yen
Nine months ended Dec. 2019
12.34
12.13
Nine months ended Dec. 2018
10.90
10.37

29.3
-49.3

530
408

29.6
-76.5

375
268

39.9
-83.2

Net operating
revenues

Operating revenues
Million yen%

Million yen%

(2) Consolidated financial position
Total assets

Net assets

Million yen
58,57254,544As of Dec. 2019
As of Mar. 2019

Million yen
12,362
12,400Shareholders’ equity
ratio%
21.0
22.6

Net assets pershareYen
398.34409.32(Reference) Shareholders’ equity
As of December 2019: 12,282 million yen
As of March 2019: 12,320 million yen

2. Dividends
End of 1Q

Annual dividend
End of 3Q
Yen
Yen
10.00
9.00
-End of 2Q
Yen-

Year ended Mar. 2019Year ending Mar. 2020
Year ending Mar. 2020 (forecast)(Note) Revisions to dividend forecast for the current quarter: None

Year-end

Total

Yen
8.00

Yen
18.00

9.00

18.00

Dividend forecast for the fiscal year ending March 2020 is 9 yen per share at this time.

3．Forecast of consolidated business results for the fiscal year ending March 2020
(April 1, 2019 through March 31, 2020)
Net salesYear ending Mar. 2020(% change from the previous corresponding period)
Operating income

Net income attributableto owners of parent

Ordinary income

Million yen%

Million yen%

Million yen%

Million yen%

33,000-7.7

1,800-0.4

1,300

-4.1

1,500

45.5

(Note) Revisions to business forecast for the current quarter: Yes- 1 -*Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes
in the scope of consolidation): Yes
Excluded: 1 (Kasai LLC)
(2) Application of accounting procedures specific to preparation of the consolidated quarterly financial statements:
None(3) Changes in accounting policies, accounting estimates and restatement①Changes in accounting policies associated with revision of accounting standards:②Changes in accounting policies other than ①③Changes in accounting estimates④Restatement: None: None: None
: None(4) Shares outstanding (common stock)①Number of shares outstanding at the end of period (treasury stock included)
As of December 201933,191,934 shares
As of March 201932,274,144 shares②Treasury stock at the end of period
As of December 2019
2,356,851 shares
As of March 20192,174,141 shares③Average number of stock during period (quarterly cumulative period)
Nine months ended December 2019
30,418,741 shares
Nine months ended December 2018
24,613,775 shares(Note) The number of treasury stock which is deducted for calculating the number of treasury stock during period and the average
number of shares during the period includes the shares of the Company owned by the ESOP Trust Account and the BBT TrustAccount.

*Quarterly financial summary is not subject to the quarterly review procedures by certified public accountants
or auditing firms.
*Explanation regarding appropriate use of business forecasts and other special instructions
Above forecasts are based on information currently available to the Company and certain assumptions that theCompany deems to be reasonable at the time this report was prepared. The Company does not make promises about
the achievement. Actual results may differ significantly from the forecasts due to various factors.
This document is an English translation of a Japanese announcement made on the date above. Although the weintended to faithfully translate the Japanese document into English, the accuracy and correctness of this English
translation is not guaranteed and thus you are encouraged to refer to the original Japanese document.

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