Summary of Financial Results for the Second Quarter Ended August 31, 2019
[Japan GAAP] (Consolidated)
October 9, 2019
C o m p a n y
Stock CodeRepresentative

AEON DELIGHT CO., LTD.
Listed on the TSE1
9787
URL: http://www.aeondelight.co.jp
Kazumasa Hamada, President, Group CEO
Motoyuki Shikata, Director and Managing Director, Group Strategy,
C o n t a c t
T E L: +81-3-6840-5712
Digital Solution
Expected date of filing of quarterly report: October 11, 2019
Expected starting date of dividend payment: November 11, 2019
Preparation of quarterly supplementary financial document: Yes
Quarterly results briefing: Yes (for institutional investors and analysts)（Rounded down to million yen）

１. Consolidated business results for the six months ended August 2019
(March 1, 2019 through August 31, 2019)(1) Consolidated results of operations(% change from the previous corresponding period)
Net sales

Operating income

Million yen% Million yen
Six months ended Aug. 2019
157,482
3.2
8,594
Six months ended Aug. 2018
152,6111.2
6,275(Note) Comprehensive income
Six months ended August 2019: 5,127 million yen (87.9%)
Six months ended August 2018: 2,728 million yen (-40.3%)
Net incomeper shareYen
103.7853.97

Six months ended Aug. 2019
Six months ended Aug. 2018

%
37.0
-15.4

Net income attributable toowners of parent

Ordinary income
Million yen
8,655
6,349

%
36.3
-15.2

Million yen
5,181
2,838

%
82.5
-32.2

Diluted net income pershareYen
103.5753.85(2) Consolidated financial position
Total assets

Net assets

Million yen
As of Aug. 2019
135,538
As of Feb. 2019
134,071(Reference) Shareholders’ equity:
As of August 2019: 76,578 million yen
As of February 2019: 73,176 million yen

Million yen
78,97275,539

Shareholders’ equity
ratio%
56.5
54.6

2. Dividends
End of 1Q

End of 2Q
Yen-Year ended Feb. 2019Year ending Feb. 2019Year ending Feb. 2019 (forecast)(Note) Revisions to dividend forecast for the current quarter: None

Yen
31.00
32.00

Annual dividend
End of 3Q
Yen-Year-end-Total

Yen
32.00

Yen
63.00

33.00

65.00

3．Forecast of consolidated business results for the year ending February 2020
(March 1, 2019 through February 28, 2020)(% change from the previous corresponding period)
Net sales

Operating income

Million yen% Million yen%
315,000
4.0
18,00038.1(Note) Revisions to business forecast for the current quarter: NoneYear ending Feb. 2020

- 1 -Ordinary income
Million yen
18,000%34.7

Net income attributableto owners of parent

Million yen
10,800%68.4

Net income pershareYen

216.35

※Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes inthe scope of consolidation): None
(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: Yes: None(4) Shares outstanding (common stock)①Number of shares outstanding at the end of period (treasury stock included)
As of August 201954,169,633 shares
As of February 201954,169,633 shares②Treasury stock at the end of period
As of August 2019
4,238,504 shares
As of February 20194,251,504 shares③Average number of stock during period (quarterly cumulative period)
Six months ended August 201949,923,615 shares
Six months ended August 2018
52,596,422 shares*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(Precautions regarding forward-looking statements)
Forecasts regarding future performance in this material are based on information currently available to the company and certain
assumptions that the company deems to be reasonable at the time this report was prepared. The company does not make promises about
the achievements. Actual results may differ significantly from the forecasts due to various factors.

- 2 -Quarterly Consolidated Financial Statements(Quarterly Consolidated Balance Sheets)(Million yen)Previous Fiscal Year
(February 28, 2019)
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable
Electronically Recorded Monetary Claims
Inventories
Deposit of subsidiaries and affiliates
OtherAllowance for doubtful accounts
Total current assets
Fixed assets
Tangible fixed assets
Buildings and structures, netTools, furniture and fixtures, net
Other
Other, net
Total tangible fixed assets
Intangible fixed assets
Goodwill
Other
Total intangible fixed assets
Investments and other assets
Investment securities
Other
Allowance for doubtful accounts
Total investment and other assets
Total noncurrent assets
Total assets- 3 -Current Second Quarter(August 31, 2019)44,23337,5442,545
2,211
16,0004,927-167
107,295

41,681
41,2633,437
1,870
17,0005,465-182
110,535

1,479
5,064
2,032
1,585
10,161

1,480
5,1412,032
1,200
9,854

6,765
1,338
8,103

6,357
1,307
7,664

4,256
4,610
-355
8,511
26,776
134,071

4,010
3,834-360
7,484
25,003
135,538(Million yen)Previous Fiscal Year
(February 28, 2019)
Liabilities
Current liabilities
Notes and accounts payable-trade
Electronically recorded obligations - operating
Short-term borrowings
Current portion of long-term loans payable
Income taxes payable
Provision for bonuses
Accrued directors' and corporate auditors'
remuneration
Allowance for sales discounts
Other
Total current liabilities

Current Second Quarter(August 31, 2019)

25,967
4,910
392
2
3,661
1,132

24,528
4,776
390
3
3,014
1,965

124

47

846
14,36951,408632
14,69550,053Fixed liabilities
Long-term debt
Provision for directors' retirement benefits
Obligations for retirement pay
Asset retirement obligations
Allowance for sales discounts
Other
Total fixed liabilities
Total liabilities
Net assets
Shareholders' equity
Capital stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders' equity

15199
1,764
53
1,903
3,188
7,124
58,532

13
167
1,657
60
1,8492,765
6,512
56,565

3,238
13,88865,910-10,327
72,7103,238
13,89069,494-10,295
76,326

Other accumulated comprehensive income
Valuation difference on securities
Foreign currency translation adjustments
Remeasurements of defined benefit plans
Total other accumulated comprehensive income
Share subscription rights
Non-controlling shareholders' equity
Total net assets
Total liabilities and net assets

876
84-493
466
299
2,062
75,539134,071718-13-453
251
265
2,129
78,972
135,538- 4 -Quarterly Consolidated Statement of Income and Quarterly Statement of Comprehensive Income(Quarterly Consolidated Statement of Income)(For the six months period)(Million yen)Previous Second Quarter(March 1, 2018–August 31, 2018)
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividends income
Equity in income of affiliates
Other
Total non-operating income
Non-operating expenses
Interest expenses
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Loss on sales of investment security
Other
Total extraordinary income
Extraordinary loss
Loss on sales of investment security
Other
Total extraordinary loss
Profit before income taxes
Income taxes
Income taxes-deferred
Total income taxes
Net income
Net income attributable to non-controllinginterests
Net income attributable to owners of parent- 5 -Current Second Quarter(March 1, 2019–
August 31, 2019)

152,611
135,149
17,462
11,186
6,275

157,482
137,719
19,763
11,168
8,594

17
46
41
54
159

21
55
40
57
175

8
77
85
6,349

16
98
114
8,655

-

10
17
28

13
13
6,336
2,956
188
3,145
3,190
351

7265
272
8,411
2,867
201
3,068
5,342
161

2,838

5,181

(Quarterly Consolidated Statement of Comprehensive Income)(For the six months period)(Million yen)Previous Second Quarter(March 1, 2018–
August 31, 2018)
Net income
Other comprehensive income
Valuation difference on securities
Foreign currency translation adjustments
Remeasurements of defined benefit plans
Total other comprehensive income
Comprehensive income
BreakdownComprehensive income attributable toowners of parent
Comprehensive income attributable tonon-controlling interests- 6 -Current Second Quarter(March 1, 2019–
August 31, 2019)
3,190

5,342-374-129
42-4612,728-158-98
41-215
5,127

2,414

4,966

314161

Consolidated Statement of Cash Flows(Million yen)Previous Second Quarter(March 1, 2018–
August 31, 2018)
Cash flow from operating activities
Profit before income taxes
Depreciation and amortization
Impairment loss
Amortization of goodwill
Increase (decrease) in allowance sales discount
Increase (decrease) in other allowancesInterest and dividend income
Interest expenses
Equity in loss (gain) of affiliates
Decrease (increase) in notes and accounts
receivable-trade(Increase) decrease in inventories
Increase (decrease) in notes and accounts payable-trade
Increase (decrease) in accounts payable
Increase (decrease) in accrued consumption taxes
Increase (decrease) in accounts receivable-other
Increase (decrease) in advances received
Increase (decrease) in advance revenue
Other
Total
Interest and dividend received
Interest expenses paid
Income taxes paid
Net cash provided by (used in) operating activities
Cash flow from investing activities
Payments into time deposits
Proceeds from withdrawal of time deposits
Purchase of property, plant and equipment andintangible fixed assets
Purchase of investment securitiesProceeds from sales or maturities of securities andinvestment securities
Purchase of shares of subsidiaries resulting in change inscope of consolidation
Payments for deposit of consumption of subsidiaries
and associates
Proceeds from refund of consumer deposits ofsubsidiaries and associates
Other
Net cash provided by (used in) investing activities
Cash flow from financing activities
Net increase (decrease) in short-term borrowings
Proceeds from long-term loans payable
Cash dividends paid
Other
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash
equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period－ 1 －Current Second Quarter(March 1, 2019–
August 31, 2019)

6,336
1,241
13
367
787
452
-63
8
-41-2,837

8,411
1,135
408
-268
733
-76
16-40
-4,641-126
751-1,734
-210
-200
110
152
-572
4,432
81-8
-2,701
1,804

338-1,561
40
411
-198
-642
-280
519
4,305
106
-17-3,457
937

-240
340
-1,028-180
180-1,214-13
100-13140-100--131,000-122,500

131,000

121,500-98-1,040374-1,714259-0-1,629-193-1,563-85

7-1-1,595-94-1,683-9-88538,722
37,836-2,46943,43740,967

Notes on quarterly consolidated financial statements●(Notes on going concern assumption)
Second quarter of FY2020 (March 1, 2019 – August 31, 2019)
None●(Notes if there is a significant change in the amount of shareholders' equity)
Second quarter of FY2020 (March 1, 2019 – August 31, 2019)
None●(Changes in Accounting Estimates)(Change in useful life)
Effective from the first quarter of the current fiscal year, we have changed the useful lives of certain property, plant and equipment.
The useful life of the vending machine facilities has been changed based on the fact with comprehensively taking into account thereplacement period and the physical life of the machines.
As a result, operating income, ordinary income and profit before income taxes for the first half of the current fiscal year increased
by 154 million yen, respectively, compared with the previous method.

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