Consolidated Financial Results for the First Quarter Ended December 31, 2017
[Japanese GAAP]
CompanyVision Inc.
Stock Code9416
URL https://www.vision-net.co.jp/
Representative Kenichi Sano, Founder & CEOContact
Shinichi Nakamoto, Director & Senior Executive Officer
Scheduled date of filing of quarterly report : May 12, 2017
Scheduled starting date of dividend payment : －Quarterly supplementary financial document: Yes
Quarterly financial results briefing: NoneMay 10, 2017
Stock Listing TSE

TEL: +81-3-5325-0344(Round down to million yen)

1. Consolidated Financial Results for the First Quarter Ended December 31, 2017
(January 1, 2017 through March 31, 2017)(1) Consolidated Operating Results (Cumulative)(% change from the previous corresponding period)
Net income
Operating profit
Recurring profit
attributableowners of parent

Sales
Million yen％

Million yen％

1Q FY2017
4,326
24.1
513
1Q FY2016
3,487－313(Note) Comprehensive profit; 1Q ended Dec.31, 2017:
1Q ended Dec.31, 2016:
Net income
per share
1Q FY2017
1Q FY2016％

Million yen％

64.050455.1－325－334 million yen (85.4%)
180 million yen (－%)

Million yen

341
212

61.0－

Diluted net income
per shareYen

Yen

42.08
26.14

41.13
25.87

(2) Consolidated Financial Position
Total assets
Million yen

1Q FY2017
FY2016(Reference) Shareholder's equity;

Shareholder's equity
ratio

Net assets
Million yen

10,193
9,935
As of Mar.31, 2017:
As of Dec.31, 2016:

％

7,654
7,312
7,654 million yen
7,312 million yen

75.1
73.6

2. Dividends
Annual dividend
End of 1Q

End of 2Q

Yen

End of 3Q

Yen

Year-endYen

FY2016－0.00－FY2017－
FY2017 (Forecast)
0.00－(Note) Revisions to dividend forecast during the most recent quarter

Total

Yen

Yen

0.00

0.00

0.00
: None0.00

３．Forecast of Consolidated Financial Results for the Fiscal Year Ending December 2017
(January 1, 2017 through December 31, 2017)
Sales
Million yen

Operating profit％

Million yen％(% change from the previous corresponding period)
Net income
Net income per
Recurring profit
attributableshareowners of parent％

Yen

1Q-2Q FY2017
7,861 13.1
669 20.0
671 26.4
436 27.7
FY2017
16,713 12.6
1,606 24.5
1,608 23.9
1,045 28.5
(Note) Revisions to financial results forecast during the most recent quarter： None

Million yen

53.76
128.81―1―％Million yen* Notes(1) Changes in significant subsidiaries during the period: None
(Changes in specified subsidiaries accompanying changes in the scope of consolidation)(2) Application of accounting procedures specific to preparation of the quarterly financialstatements: None
(3) Changes in accounting policies, accounting estimates and restatement① Changes in accounting policies associated with revision of accounting standards : None
② Changes in accounting policies other than ①: None③ Changes in accounting estimates: None④ Restatement: None(4) Shares issued (common stock)① Shares issued as of term-end (incl. Treasury stock)**

1Q FY2017

8,126,700 FY2016

8,118,700② Treasury stock as of term-end

1Q FY2017－ FY2016－③ Average number of shares outstanding

1Q FY2017

8,121,900 1Q FY2016

8,118,700

Quarterly financial summary is not subject to the quarterly review procedures.
Explanation for appropriate use of forecasts and other notes
The forward-looking statements such as operational forecasts contained in this statements summary arebased in information currently available to the Company and certain assumptions which are regarded aslegitimate. Actual results may differ from such forward-looking statements for a variety of reasons.
Please refer to P.3 “1. Qualitative information on the quarterly financial results (3) Explanation
about future forecast information such as business forecast” in the Attachment for the assumptions usedand other notes.

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