Note: This is an excerpt translation of the “Kessan Tanshin” for the convenience of overseas stakeholders.
In cases where any differences occur between the English version and the original Japanese version, theJapanese version shall prevail. F-TECH INC. assumes no responsibility for this translation or for direct,
indirect or any other forms of damages arising from the translation.

Consolidated Financial Results
for the Nine Months Ended December 31, 2014
<under Japanese GAAP>

F-TECH INC.
19, Showanuma, Shobu-cho, Kuki City, Saitama, JAPANQuarterly consolidated financial statements(1) Consolidated balance sheets(Millions of yen)
As of March 31, 2014

As of December 31, 2014

7,823
24,016
3,581
3,485
6,809
3,688
49,404

8,427
20,888
5,398
3,744
7,626
3,459
49,545

17,951
21,552
15,64055,144858

18,917
23,70322,42265,043806

4,204
1,510(61)5,654
61,657
111,062

4,731
1,470(61)6,141
71,991
121,536

16,17012,778
10,146433
89
7,214
46,833

15,126
16,806
10,488407
87
8,271
51,18821,212
204
249
83
2,637
24,38771,22021,995
208
307
79
3,267
25,85777,046

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Merchandise and finished goods
Work in process
Raw materials and supplies
Other
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles, net
Other, net
Total property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets
Liabilities
Current liabilities
Notes and accounts payable - trade
Short-term loans payable
Current portion of long-term loans payable
Income taxes payable
Provision for directors’ bonuses
Other
Total current liabilities
Non-current liabilities
Long-term loans payable
Provision for directors’ retirement benefits
Net defined benefit liability
Negative goodwill
Other
Total non-current liabilities
Total liabilities-1-(Millions of yen)
As of March 31, 2014
Net assets
Shareholders’ equity
Capital stock
Capital surplus
Retained earnings
Treasury shares
Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on available-for-salesecurities
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Minority interests
Total net assets
Total liabilities and net assets-2-

As of December 31, 2014

4,790
5,228
13,958(18)
23,9584,790
5,228
14,472(18)
24,472

619

720

1,012
284
1,916
13,967
39,842
111,062

3,490
286
4,497
15,52044,490121,536(2) Consolidated statements of income and comprehensive income(Millions of yen)
Nine months ended
December 31, 2013
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividend income
Share of profit of entities accounted for using equity
methodForeign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sales of non-current assets
Insurance income
Total extraordinary income
Extraordinary losses
Loss on sales of non-current assets
Loss on retirement of non-current assets
Total extraordinary losses
Income before income taxes and minority interests
Income taxes - current
Income taxes - deferred
Total income taxes
Income before minority interests
Minority interests in income
Net income
Minority interests in income
Income before minority interests
Other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax
Share of other comprehensive income of entities
accounted for using equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners ofparent
Comprehensive income attributable to minority
interests-3-

Nine months ended
December 31, 2014

127,196
112,222
14,974
10,184
4,790

127,699
113,063
14,636
11,010
3,626

28
29

27
42

291

283

280
124
755

94
123
571

510
17
527
5,017

525
14
540
3,657

40
–
40

20
61
82

6
45
52
5,006
1,449
78
1,528
3,478
1,017
2,460
1,017
3,478

1
144
145
3,594
1,742
(69)
1,672
1,921
792
1,129
792
1,921

180
3,635
–

(15)
3,618
4

185

296

4,001
7,479

3,903
5,8255,320

3,710

2,159

2,115

(3)

Notes to quarterly consolidated financial statements

Uncertainties of entity’s ability to continue as going concern
Not applicable.
Substantial changes in the amount of shareholders’ equity
Not applicable.
Segment information, etc.
Segment information
I.
Nine months ended December 31, 2013
1. Disclosure of net sales and profit (loss) for each reportable segment(Millions of yen)
Reportable segments
JapanNet sales
Net sales to external customers
Transactions with other segments
TotalSegment profit

2.

North America

22,867
9,605

75,748938

28,5801,175

127,196
11,71832,472

76,68629,755

138,914

1,055

2,647

793

4,496

Differences between total amounts of profit (loss) for reportable segments and amounts in theconsolidated statements of income and comprehensive income and main details of these differences(matters relating to difference adjustments)(Millions of yen)AmountProfitReportable segments total

4,496

Elimination of intersegment transactions

294

Operating income in the consolidated statements ofincome and comprehensive income

3.

Total

Asia

4,790

Disclosure of impairment loss on non-current assets and goodwill for each reportable segment
Not applicable.

II. Nine months ended December 31, 2014
1. Disclosure of net sales and profit (loss) for each reportable segment(Millions of yen)
Reportable segments
JapanNet sales
Net sales to external customers
Transactions with other segments
TotalSegment profit

2.

North America

19,114
8,345

79,964
1,068

28,6201,416

127,699
10,82927,45981,03330,037

138,529

90

3,012

98

3,202

Differences between total amounts of profit (loss) for reportable segments and amounts in theconsolidated statements of income and comprehensive income and main details of these differences(matters relating to difference adjustments)(Millions of yen)AmountProfitReportable segments total

3,202

Elimination of intersegment transactions

423

Operating income in the consolidated statements ofincome and comprehensive income

3.

Total

Asia

3,626

Disclosure of impairment loss on non-current assets and goodwill for each reportable segment
Not applicable.

Significant events after reporting period
Not applicable.
-4-