Summary of Financial Results for the Year Ended February 28, 2018
[Japan GAAP] (Consolidated)
April 11, 2018
Company
AEON DELIGHT Co., Ltd.
Listed on the TSE1
Stock Code9787
URL: http://www.aeondelight.co.jp
Representative
Ippei Nakayama, President and CEO
C o n t a c t
Yukio Furukawa, Director and Managing Director, Business Management T E L: +81-6-6260-5632
Planned date for annual shareholders’ meeting: May 18, 2018
Planned date for commencement of dividend payment: May 7, 2018
Planned date for filing of annual securities report: May 21, 2018
Preparation of supplementary financial document: Yes
Results briefing: Yes (for institutional investors and analysts)（Rounded down to million yen ）１. Consolidated business results for the fiscal year ended February 2018
(March 1, 2017 through February 28, 2018)(1) Consolidated results of operations(% change from the previous corresponding period)

Net sales

Operating income

Million yen% Million yen
Year ended Feb. 2018295,839
0.4
16,812
Year ended Feb. 2017294,725
4.9
17,257(Note) Comprehensive income:Year ended February 2018: 11,640 million yen (5.6%)
Year ended February 2017: 11,021 million yen (20.1%)
Net income
per share%-2.6
3.3

Diluted net income
per share

Yen
Year ended Feb. 2018
196.23195.68Year ended Feb. 2017194.84
194.31(Reference) Investment earnings/loss on equity-method:Year ended February 2018: 69 million yen
Year ended February 2017: 58 million yen

Net income attributable toowners of parent

Ordinary income
Million yen
17,284
17,381Return onequity

Yen%
11.0
12.0%
-0.6
4.2

Million yen
10,316
10,238

Ratio of ordinary
income to total
assets%12.1
12.8%
0.86.0

Ratio of operating
income to net sales
%
5.7
5.9

(2) Consolidated financial position
Total assets

Net assets

Million yen
146,828
139,505

Million yen
100,561
92,089As of Feb. 2018
As of Feb. 2017

Shareholders’ equity
ratio

Net assets per
share%

Yen

66.4
64.0

1,852.96
1,700.06

Cash flows fromfinancing activities
Million yen-3,264-2,400Cash and cash equivalents
at the end of period
Million yen
38,72231,004(Reference) Shareholders’ equity:
As of February 2018: 97,427 million yen
As of February 2017: 89,345 million yen(3) Consolidated results of cash flows

Year ended Feb. 2018Year ended Feb. 2017

Cash flows fromoperating activities
Million yen
13,568
11,703

Cash flows frominvesting activities
Million yen-2,6662,233

2. Dividends
Annual dividend
End of
1Q
Year ended Feb. 2017
Year ended Feb. 2018Year ending Feb. 2019
(forecast)Yen-

End of2Q
Yen
28.00
30.00
31.00

End of3Q
Yen-

Year-end
Yen
27.00
31.00
32.00

－ 1 －

Total
Yen
55.00
61.00
63.00

Total
dividend(Total)
Million yen
2,890
3,207

Dividend
payout ratio(Consolidated)
%28.2
31.1
30.1

Rate of total
dividend tonet assets(Consolidated)
%
3.4
3.4

3．Forecast of consolidated business results for the fiscal year ending February 2019
(March 1, 2018 through February 28, 2019)
Net sales
Million yen

For the six months
ending Aug. 2018Year ending Feb. 2019(% change from the previous corresponding period)

Operating income%

Million yen%

Ordinary income
Million yen%

Net income attributableto owners of parent
Million yen

Net income
per share%Yen

152,000

0.1

9,000

2.2

9,000

1.4

5,600

0.5

106.51305,000

3.1

18,50010.0

18,500

7.0

11,0006.6

209.21※Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes
in the scope of consolidation): None
(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: None: None: None: None(3) Shares outstanding (common stock)① Number of shares outstanding at the end of period (treasury stock included)
As of February 2018
54,169,633 shares
As of February 2017
54,169,633 shares② Treasury stock at the end of period:
As of February 2018
1,590,132 shares
As of February 2017
1,615,195 shares③ Average number of stock during period
Year ended February 2018
52,574,261 sharesYear ended February 201752,550,291 shares*Financial summary is not subject to auditing 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 thecompany 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 theforecasts due to various factors.

－ 2 －Consolidated Financial Statements(Consolidated Balance Sheet)(Million yen)
Fiscal year ended
February 28, 2017
(February 28, 2017)

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable-trade
Electronically recorded monetary obligations
InventoriesDeferred tax assets
Deposit of subsidiaries and affiliates
Other
Allowance for doubtful accounts
Total current assets
Fixed assets
Tangible fixed assets
Buildings and structures, netTools, 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
OtherAllowance for doubtful accounts
Total investments and other assets
Total fixed assets
Total assets－ 3 －Fiscal year ended
February 28, 2018
(February 28, 2018)31,717
36,958
3,577
3,050
1,360
31,713
4,231-202
112,405

39,53637,437
2,765
3,088
1,476
32,0004,041-130120,214

1,644
3,319
1,975
2,150
9,089

1,593
4,900
1,975
1,591
10,060

7,038
2,056
9,095

6,255
1,780
8,036

4,546
551
4,353
-536
8,915
27,099139,505

5,334
330
3,462
-610
8,516
26,613
146,828

(Million yen)
Fiscal year ended
February 28, 2017
(February 28, 2017)

Liabilities
Current liabilities
Notes and accounts payable-trade
Electronically recorded monetary obligationsShort-term loans payable
Current portion of long-term loans payable
Accounts payable-other
Income taxes payable
Reserve for bonuses
Reserve for directors’ bonuses
Other
Total current liabilities
Fixed liabilities
Long-term loans payable
Deferred tax assets
Reserve for directors’ retirement benefits
Liabilities relating to 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 incomeValuation difference on available-for-sale securities
Foreign currency translation adjustment
Total accumulated adjustment relating to retirement benefits
Total accumulated other comprehensive income
Stock acquisition rights
Non-controlling interests
Total net assets
Total liabilities and net assets－ 4 －Fiscal year ended
February 28, 2018
(February 28, 2018)

23,474
5,133
241
30
5,641
3,493
1,298
117
4,635
44,06523,684
4,474
225
5,914
3,059
1,244
133
4,749
43,486

293
871
221
1,613
49
301
3,350
47,416

720
178
1,585
51
245
2,780
46,267

3,238
18,94966,795-436
88,546

3,238
19,02074,115-430
95,943964
251-417
799
263
2,480
92,089139,505

1,574
313
-402
1,484
303
2,829
100,561
146,828

Consolidated Statement of Income and Statement of Comprehensive Income(Consolidated Statement of Income)(Million yen)
Fiscal year ended
February 28, 2017
(March 1, 2016 –February 28, 2017)

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating revenues
Interest income
Dividend income
Equity in earnings of affiliates
Gain on investments in silent partnership
Other
Total non-operating revenues
Non-operating expenses
Interest expenses
Foreign exchange losses
Other
Total non-operating expenses
Ordinary income
Extraordinary profit
Gain on sale of investment securities
Gain on transfer from business divestitures
Total extraordinary profit
Extraordinary loss
Settlement package
Impairment loss
OthersTotal extraordinary loss
Income before income taxes and others
Corporate, inhabitant and enterprise taxes
Income taxes-deferred
Total income taxes
Net income
Net income attributable to non-controlling interests
Net income attributable to owners of parent－ 5 －Fiscal year ended
February 28, 2018
(March 1, 2017 –February 28, 2018)294,725
255,729
38,995
21,73817,257295,839
256,935
38,90322,091
16,812

57
63
58
57
196
434

4663
69
308
119
608

26
37
245
309
17,381

30
26
78
136
17,284

56
469
525

170
170

79
577
657
17,249
5,968
494
6,463
10,786547
10,238

1,222
43
1,265
16,188
5,581
-319
5,261
10,927610
10,316

(Consolidated Statement of Comprehensive Income)(Million yen)
Fiscal year ended
February 28, 2017
(March 1, 2016 –February 28, 2017)

Net income
Other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total other comprehensive income
Comprehensive income(Breakdown)Comprehensive income attributable to owners of parent
Comprehensive income attributable to non-controllinginterests－ 6 －Fiscal year ended
February 28, 2018
(March 1, 2017 –February 28, 2018)

10,786

10,927317-160
78
235
11,021

611
87
13
712
11,64010,512

11,001

508

638

Consolidated Statement of Cash Flows(Million yen)Fiscal year ended
February 28, 2017
(March 1, 2016 –February 28, 2017)

Net cash provided by (used in) operating activities
Income before income taxes and minority interests
Depreciation and amortization
Impairment loss
Amortization of goodwill
Increase (decrease) in provision for bonuses
Increase (decrease) in provision for directors' retirement
Increase (decrease) in liabilities relating to retirement benefits
Interest and dividends income
Interest expenses
Equity in loss (gain) of affiliates
Loss (gain) on investments in silent partnership
Loss (gain) on sale of investment securities
Loss (gain) on transfer of business
Decrease (increase) in notes and accounts receivable-trade
Increase (decrease) in notes and accounts payable-trade
Increase (decrease) in accounts payable-other
Increase (decrease) in accrued consumption taxes
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
assetsProceeds from sales of property, plant and equipment andintangible fixed assets
Proceeds from sales and redemption of securities
Purchase of investment securities
Proceeds from sales and redemption of investment securities
Payments for deposit of subsidiaries and affiliates
Collection of deposit of subsidiaries and affiliates
Proceeds from transfer of business
OtherNet cash provided by (used in) investing activities
Net cash provided by (used in) financing activities
Net increase (decrease) in short-term loans payable
Proceeds from long-term loans payable
Repayments of long-term loans payable
Cash dividends paid
Net decrease (increase) in treasury stock
Payments from changes in ownership interests in subsidiaries
that do not result in change in scope of consolidation
OtherNet cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash equivalents－ 7 －Fiscal year ended
February 28, 2018
(March 1, 2017 –February 28, 2018)17,249
2,104
79
830
69
19-22-121
26
-58
-57
-56
-469
-1,662
293-529-212-161
83418,157
176-27-6,602
11,703

16,188
2,452
－
798
-53
-42
-15
-110
30-69
-308
-166
－
338
-498
321
220
143
316
19,546164-26-6,115
13,568

-762
962

-854
854

-4,113-3,228

24

14

100
-128
511
-229,151
234,800
471
-480
2,233

－
-33
204
-250,400
250,113－663-2,666219
340-16-2,842
28

-28
90
-35
-2,996
41

-57

-21

-72
-2,400-6-314-3,26480

Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period11,530
19,47331,004

－ 8 －

7,718
31,00438,722