Summary of Financial Results for the First Quarter Ended May 31, 2019
[Japan GAAP] (Consolidated)
July 5, 2019
Company
Stock Code
Representative

AEON DELIGHT Co., Ltd.
Listed on the TSE1
9787
URL: http://www.aeondelight.co.jp
Kazumasa Hamada, President and CEO
Motoyuki Shikata, Director and Managing Director, Group Strategy,
Contact
T E L: +81-3-6840-5712
Digital Solution
Expected date of filing of quarterly report: July 12, 2019
Expected starting date of dividend payment: Preparation of quarterly supplementary financial document: Yes
Quarterly results briefing: None
（Rounded down to million yen）

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

Operating income

Million yen% Million yen%Three months ended May 2019
79,048
3.5
3,800
0.4
Three months ended May 2018
76,370
1.7
3,785
13.5
(Note) Comprehensive income
Three months ended May 2019: 2,066 million yen (-1.9%)
Three months ended May 2018: 2,106 million yen (-4.1%)
Net income
Diluted net income perper share
share
YenYenThree months ended May 2019
41.47
41.38
Three months ended May 2018
39.31
39.21

Net income attributable toowners of parent

Ordinary income
Million yen
3,822
3,816%
0.2
13.3

Million yen
2,070
2,067%
0.2
1.3(2) Consolidated financial position
Total assets

Shareholders’ equity
ratio%
55.6
54.6

Net assets

Million yen
Million yen
As of May 2019
132,342
75,917
As of Feb. 2019
134,071
75,539(Reference) Shareholders’ equity
As of May 2019: 73,595 million yen
As of February 2019: 73,176 million yen(Note) The Company has applied "Partial Revision of Accounting Standard for Tax Effect Accounting" (ASBJ Statement No. 28,February 16, 2018) from the beginning of the 1Q of the current fiscal year, and the figures for the previous fiscal year have beenpresented as indicators after retrospective application of said accounting standard.

2. Dividends
End of 1Q
Yen-

End of 2Q
Yen
31 00

Year ended Feb. 2019Year ending Feb. 2020
Year ending Feb. 2020 (forecast)
32 00(Note) Revisions to dividend forecast for the current quarter: None

Annual dividend
End of 3Q
Yen-Year-end
Yen
32 00

TotalYen63 00-33 0065 00

3．Forecast of consolidated business results for the fiscal 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%
For the six months
158,000
3.5
8,500
35.5
ending Aug. 2019Year ending Feb. 2020
315,000
4.0
18,00038.1(Note) Revisions to business forecast for the current quarter: None

Net income attributableto owners of parent

Ordinary income%

Net income
per shareYen

Million yen%

Million yen

8,500

33.9

5,100

79.7

102 1718,00034.7

10,80068.4

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 May 201954,169,633 shares
As of February 201954,169,633 shares②Treasury stock at the end of period
As of May 2019
4,245,304 shares
As of February 2019
4,251,504 shares③Average number of stock during period (quarterly cumulative period)
Three months ended May 2019
49,919,679 shares
Three months ended May 2018
52,585,901 shares* 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 andcertain assumptions that the company deems to be reasonable at the time this report was prepared. The company does notmake promises about the achievements. Actual results may differ significantly from the forecasts due to various factors.

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
Other
Allowance for doubtful accounts
Total current assets
Fixed assets
Tangible fixed assets
Buildings and structures, net
Tools, furniture and fixtures, net
Land
Other, net
Total tangible fixed assets
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Investment securities
Other
Allowance for doubtful accounts
Total investment and other assets
Total noncurrent assets
Total assets-6-Current First Quarter(May 31, 2019)44,23337,5442,545
2,211
16,0004,927-167
107,295

40,45339,6352,609
1,798
16,5005,243-168
106,072

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

1,475
4,961
2,032
1,502
9,971

6,765
1,338
8,103

6,605
1,339
7,944

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

3,937
4,772
-355
8,354
26,270132,342(Million yen)Previous Fiscal Year
(February 28, 2019)
Liabilities
Current liabilities
Notes and accounts payable-trade
Electronically recorded obligations - operatingShort-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 First Quarter(May 31, 2019)

25,967
4,910
392
2
3,661
1,132
124

24,389
4,821
258
2
1,675
2,349
72

846
14,36951,408860
15,39549,825Long-term liabilities
Long-term debt
Provision for directors' retirement benefits
Obligations for retirement pay
Asset retirement obligations
Allowance for sales discounts
OtherTotal long-term liabilities
Total liabilities
Net assets
Shareholders' equity
Capital stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders' equity

15
199
1,764
53
1,903
3,188
7,124
58,532

14
185
1,699
60
1,783
2,857
6,599
56,425

3,238
13,88865,910-10,327
72,7103,238
13,884
66,383-10,31273,193

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

87684-493
466
299
2,062
75,539134,071651
224-473
402
289
2,033
75,917
132,342-7-

Quarterly Consolidated Statement of Income and Quarterly Statement of Comprehensive Income(Quarterly Consolidated Statement of Income)(For the three months period)(Million yen)Previous First Quarter(March 1, 2018–
May 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
Foreign exchange loss
Other
Total non-operating expenses
Ordinary 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-controlling interests
Net income attributable to owners of parent-8-

Current First Quarter(March 1, 2019–
May 31, 2019)76,37067,028
9,342
5,556
3,785

79,04869,415
9,632
5,832
3,800

930
1522781141122893

41031
47
3,816

719
44
71
3,822

3,816
1,655-65
1,589
2,226
159
2,067

7306
313
3,508
1,620-240
1,379
2,128
58
2,070

(Quarterly Consolidated Statement of Comprehensive Income)(For the three months period)(Million yen)Previous First Quarter(March 1, 2018–
May 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 to owners ofparentComprehensive income attributable to noncontrolling interests-9-

Current First Quarter(March 1, 2019–
May 31, 2019)

2,226

2,128-35-83-2-120
2,106-225
142
20-61
2,066

1,967

2,005

13861