Summary of Financial Results for the Year Ended February 28, 2014
[Japan GAAP] (Consolidated)
April 8, 2014
AEON DELIGHT Co., Ltd.
Listed on the TSE1
9787
URL: http://www.aeondelight.co.jp
Ippei Nakayama, President and CEO
Susumu Takahashi
C o n t a c t
T E L: +81-6-6260-5632
Managing Executive Officer, General Manager, Group Strategy Dept.
Planned date for annual shareholders’ meeting: May 23, 2014
Planned date for commencement of dividend payment: May 9, 2014
Planned date for filing of annual securities report: May 23, 2014
Preparation of supplementary financial document: Yes
Results briefing: Yes (for institutional investors and analysts)
Company
Stock Code
Representative（Rounded down to million yen）

１. Consolidated business results for the fiscal year ended February 2014
(March 1, 2013 through February 28, 2014)(1) Consolidated results of operations

Year ended Feb. 2014
Year ended Feb. 2013

Net sales
Million yen%
257,243
3.4
248,876
13.2

Operating income
Million yen%
15,115
8.7
13,9011.0(% change from the previous corresponding period)
Ordinary income
Net income
Million yen%
Million yen%
15,092
8.68,161
8.7
13,8920.8
7,509
8.6(Note) Comprehensive income:Year ended February 2014: 9,173 million yen (15.1%)
Year ended February 2013: 7,967million yen (13.0%)
Net income
per share

Diluted net income
per share
Yen

Year ended Feb. 2014
Year ended Feb. 2013

Return onequity

Yen

155.54143.15%155.17142.73

12.3
12.5

Ratio of ordinary
income to total
assets%14.2
14.4

Ratio of operating
income to net sales
%
5.9
5.6

(Reference) Investment earnings/loss on equity-method:Year ended February 2014: - million yen
Year ended February 2013: - million yen(2) Consolidated financial position
Total assets

Net assets

Million yen
112,122
100,699

Million yen
71,31664,547

As of Feb. 2014
As of Feb. 2013

Shareholders’ equity
ratio

Net assets pershare%

Yen

62.0
62.6

1,324.84
1,202.42

Cash flows fromfinancing activities
Million yen-2,475-2,257

Cash and cash equivalents
at the end of period
Million yen
12,028
9,676(Reference) Shareholders’ equity:
As of February 2014: 69,553 million yen
As of February 2013: 63,082 million yen(3) Consolidated results of cash flows

Year ended Feb. 2014
Year ended Feb. 2013

Cash flows fromoperating activities
Million yen
21,359-4,358Cash flows frominvesting activities
Million yen-16,632
7,086

2. Dividends
Annual dividend
End of
1Q
Year ended Feb. 2013
Year ended Feb. 2014
Year ending Feb. 2015
(forecast)Yen-

End of
2Q
Yen
23.00
24.00
25.00

End of3Q
Yen-

Year-end
Yen
23.00
24.00
25.00

－ 1 －

Total
Yen
46.00
48.00
50.00

Total
dividend(Total)Million yen
2,413
2,519

Dividend
payout ratio(Consolidated)
%
32.1
30.9
30.5Rate of total
dividend tonet assets(Consolidated)
%
4.0
3.8

3．Forecast of consolidated business results for the fiscal year ending February 2015
(March 1, 2014 through February 28, 2015)
Net sales

For the six months
ending Aug. 2014
Year ending Feb. 2015

Operating income(% change from the previous corresponding period)
Ordinary income
Net income
Net income pershareYen
Million yen%
Million yen%

Million yen%

Million yen%

134,000

0.3

7,600

0.3

7,600

0.4

4,150

0.1

79.05

270,000

5.0

16,0005.9

16,000

6.0

8,600

5.4

163.81※Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes
in the scope of consolidation): None
New: -Excluded: -(2) 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(3) Shares outstanding (common stock): None: None: None: None① Number of shares outstanding at the end of period (treasury stock included)
As of February 2014
54,169,633 shares
As of February 2013
54,169,633 shares② Treasury stock at the end of period:
As of February 2014
1,669,701 shares
As of February 2013
1,706,881 shares③ Average number of stock during period
Year ended February 2014
52,475,845 sharesYear ended February 2013
52,456,799 shares(Reference) Summary of non-consolidated business results
1. Non-consolidated business results for the fiscal year ended February 2014
(March 1, 2013 through February 28, 2014)(1) Non-consolidated results of operations

Year ended Feb. 2014
Year ended Feb. 2013

Net salesMillion yen%
229,5541.3
226,659
12.5

Operating income
Million yen%
13,379
6.4
12,5790.0

Net income
per share

Diluted net income pershare
Yen
153.31137.61

Yen
Year ended Feb. 2014
Year ended Feb. 2013(% change from the previous corresponding period)

153.68138.01

Ordinary income
Million yen%
13,795
7.2
12,8701.2

Net income
Million yen
%
8,064
11.4
7,239
10.5

Shareholders’ equity
ratio

Net assets pershare(2) Non-consolidated financial position

As of Feb. 2014
As of Feb. 2013

Total assets

Net assets

Million yen
103,189
93,844Million yen
67,79061,772(Reference) Shareholders’ equity:
As of February 2014: 67,625 million yen
As of February 2013: 61,567 million yen－ 2 －%
65.5
65.6

Yen
1,288.10
1,173.54

*Implementation status of auditing proceduresThis financial summary is not subject to auditing procedures pursuant to the Financial Instruments and Exchange Act. At
the time of disclosure of this report, the auditing procedures of financial statements pursuant to the Financial Instruments
and Exchange Act have not been completed.
*Explanation regarding appropriate use of business forecasts and other special instructions
The above forecasts are based on information currently available to the company as of the announcement of the report.
Actual results may differ from the forecasts due to various factors.
Since the company conducts consolidated accounting-based group management, only the forecast of consolidated results
is disclosed.

－ 3 －Consolidated Financial Statements(Consolidated Balance Sheet)(Million yen)
Fiscal year ended
February 28, 2013
(February 28, 2013)

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable-trade
Electronically recorded monetary obligations
Inventories
Deferred tax assets
Deposit of subsidiaries and affiliates
Other
Allowance for doubtful accounts
Total current assets
Fixed assets
Tangible fixed assets
Buildings and structures, net
Machinery for area control, net
Tools, furniture and fixtures, net
Land
Other, net
Total tangible fixed assets
Intangible fixed assets
Goodwill
Other
Total intangible fixed assets
Investments and other assets
Investment securities
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total fixed assets
Total assets－ 4 －Fiscal year ended
February 28, 2014
(February 28, 2014)

10,014
44,673
2,237
1,334
18,0203,188-144
79,323

12,56534,952
2,468
2,504
1,579
32,4204,146-290
90,347

1,089
274
2,079
282
70
3,796

1,046
238
2,487
278
207
4,258

10,801
1,520
12,321

10,078
1,609
11,687

2,973
288
2,195
-200
5,257
21,375
100,699

3,897
254
1,877
-199
5,829
21,775
112,122

(Million yen)
Fiscal year ended
February 28, 2013
(February 28, 2013)

Liabilities
Current liabilities
Notes and accounts payable-trade
Electronically recorded monetary obligations
Current portion of bonds
Accounts payable-other
Income taxes payable
Accrued consumption taxes
Reserve for bonuses
Reserve for directors’ bonuses
Other
Total current liabilities
Fixed liabilities
Corporate bonds payable
Deferred tax assets
Reserve for retirement benefits
Reserve for directors’ retirement benefits
Asset retirement obligation
Other
Total fixed liabilities
Total liabilities
Net assets
Shareholders’ equity
CapitalCapital surplus
Retained earnings
Treasury stock
Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Total accumulated other comprehensive income
Stock acquisition rights
Minority interest
Total net assets
Total liabilities and net assets－ 5 －Fiscal year ended
February 28, 2014
(February 28, 2014)

19,557
4,987
10
3,459
3,353
495
946
87
2,059
34,95521,895
4,806
5
4,630
3,633
699
975
95
2,564
39,306

5
390
553
165
15
65
1,195
36,151

689
555
170
20
64
1,500
40,806

3,238
18,77040,539-458
62,0893,238
18,81846,235-449
67,842940
52992
205
1,260
64,547
100,699

1,365
346
1,711
165
1,597
71,316112,122

Consolidated Statement of Income and Statement of Comprehensive Income(Consolidated Statement of Income)(Million yen)
Fiscal year ended
February 28, 2013
(March 1, 2012 –February 28, 2013)

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating revenues
Interest income
Dividend income
Other
Total non-operating revenues
Non-operating expenses
Interest expenses
Exchange loss
Compensation for accident expenses
Other
Total non-operating expenses
Ordinary income
Extraordinary profit
Gain on sale of investment securities
Settlement received
Total extraordinary profit
Extraordinary loss
Accident loss
Loss on retirement of noncurrent assets
Head office functions transfer expenses
Loss on valuation of investment securities
Loss on business liquidation
Total extraordinary loss
Income before income taxes and minority interests
Income taxes-current
Income taxes-deferred
Total income taxes
Net income before minority interests
Minority interests in income
Net income－ 6 －Fiscal year ended
February 28, 2014
(March 1, 2013 –February 28, 2014)

248,876
218,648
30,227
16,326
13,901

257,243
223,528
33,714
18,59915,115

111
40
61
213

89
41
32
163

2
41
177
221
13,892

5
58
27
94
186
15,092

14
66
80

28
28

24
20
8
53
13,920
6,063
243
6,306
7,613
104
7,509

511
17
529
14,592
6,343
-150
6,192
8,399
237
8,161

(Consolidated Statement of Comprehensive Income)(Million yen)
Fiscal year ended
February 28, 2013
(March 1, 2012 –February 28, 2013)

Net income before minority interests
Other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Total other comprehensive income
Comprehensive income(Breakdown)Comprehensive income attributable to shareholdersof the parent company
Comprehensive income attributable to minority
shareholders－ 7 －Fiscal year ended
February 28, 2014
(March 1, 2013 –February 28, 2014)

7,613

8,399

274
79353
7,967

425
347
773
9,173

7,855

8,880

111292

Consolidated Statement of Cash Flows(Thousand yen)
Fiscal year ended
February 28, 2013
(March 1, 2012 –February 28, 2013)

Net cash provided by (used in) operating activities
Income before income taxes and minority interests
Depreciation and amortization
Amortization of goodwill
Increase (decrease) in provision for bonuses
Increase (decrease) in provision for retirement
benefits
Increase (decrease) in provision for directors'
retirement
Interest and dividends income
Interest expenses
Loss (gain) on valuation of investment securities
Loss (gain) on sale of investment securities
Decrease (increase) in notes and accounts receivable-trade
Increase (decrease) in notes and accounts payable-trade
Increase (decrease) in accounts payable-other
Decrease (increase) in accounts receivable-other
Other
SubtotalInterest and dividends income received
Interest expenses paid
Income taxes paid
Net cash provided by (used in) operating activities
Net cash provided by (used in) investing activities
Payments into time deposits
Proceeds from withdrawal of time deposits
Purchase of property, plant and equipment and intangible
fixed assets
Proceeds from sales of property, plant and equipment andintangible fixed assets
Purchase of investment securities
Proceeds from sales of investment securities
Purchase of investments in subsidiaries resulting in change
in scope of consolidation
Payments for deposit of subsidiaries and affiliates
Collection of deposit of subsidiaries and affiliates
Collection of loans receivable
Payments for guarantee deposits
Proceeds from collection of guarantee deposits
Other
Net cash provided by (used in) investing activities
Net cash provided by (used in) financing activities
Net increase (decrease) in short-term loans payable
Repayment of long-term loans payable
Cash dividends paid
Net decrease (increase) in treasury stock
Other
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash equivalents－ 8 －Fiscal year ended
February 28, 2014
(March 1, 2013 –February 28, 2014)

13,920
1,130
1,107
149

14,592
1,294
1,138
27

45

1

13

4-151
2
20
-14
-12,612-1,116
-314
355
-475
2,060
161
-2
-6,578-4,358

-130
5-28
7,846
2,056
1,031
-817
331
27,351
128-5-6,114
21,359

-640
430

-77
277

-1,607-1,999147

41-553-28559-694-388-170,520
180,020
9-105
138
-139
7,086

-212,400
198,000
421
-83
117
-315
-16,632-25-6-2,2562
28-2,257
26-2,464
57-67-2,475
99

Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period

497
9,179
9,676

－ 9 －

2,351
9,676
12,028