Translation
Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any
discrepancy between this translated document and the original Japanese document, the latter shall prevail.

Summary of Consolidated Financial Results
for the Nine Months Ended September 30, 2017
(Based on Japanese GAAP)
October 31, 2017
Company name:
EBARA JITSUGYO CO., LTD.
Stock exchange listing: Tokyo
Stock code:
Representative:

6328
URL http://www.ejk.co.jp/
Chairman & President

Inquiries:

Senior Corporate Officer, Head of Corporate
SHUJI OHNOPlanning & Strategy Office

HISASHI SUZUKI

Scheduled date to file Quarterly Securities Report:
Scheduled date to commence dividend payments:
Preparation of supplementary material on quarterly financial results:
Holding of quarterly financial results meeting:TEL

03-5565-2885

November 9, 2017
–NoNo
(Amounts less than one million yen are rounded down)

1. Consolidated financial results for the nine months ended September 30, 2017 (from January 1, 2017 to September 30, 2017)(1) Consolidated operating results (cumulative)
Percentages indicate year-on-year changes
Profit attributable toNet sales
Operating income
Ordinary income
owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
Nine months ended September 30, 2017
19,409(4.1)
1,383
59.6
1,471
54.3
1,090
62.4
Nine months ended September 30, 2016
20,240(0.2)
867 (30.4)
953 (26.8)
671 (24.2)
Earnings per share

Diluted earnings per shareYen
162.64100.36Nine months ended September 30, 2017
Nine months ended September 30, 2016

Yen––(2) Consolidated financial position
Total assets

Net assets

Millions of yen
23,73423,434As of September 30, 2017
As of December 31, 2016

Equity ratio

Millions of yen
12,206
10,624%51.4
45.3

2. Cash dividends
Annual dividends per share

Year ended December 31, 2016
Year ending December 31, 2017

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––

Yen
22.50
22.50

Yen––

Yen
22.50

Yen
45.00

22.50

45.00

Year ending December 31, 2017 (Forecast)Total

3. Forecast of consolidated financial results for the year ending December 31, 2017 (from January 1, 2017 to December 31, 2017)Net sales
Full year

Millions of yen
28,000Percentages indicate year-on-year changes
Profit attributable toOperating income
Ordinary income
Earnings per shareowners of parent% Millions of yen% Millions of yen% Millions of yen%
Yen
0.8
1,340
3.8
1,440
1.4
1,000
(2.9)
149.091

4. Notes(1) Changes in significant subsidiaries during the nine months ended September 30, 2017(changes in specified subsidiaries resulting in the change in scope of consolidation):No(2) Application of special accounting methods for preparing quarterly consolidated financial statements:

No(3) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements
Changes in accounting policies due to revisions to accounting standards and other regulations:
Changes in accounting policies due to other reasons:

No
No

Changes in accounting estimates:
Restatement of prior period financial statements:

NoNo(4) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of September 30, 2017

6,715,000 shares As of December 31, 2016

6,715,000 shares

7,741 shares As of December 31, 2016

7,692 shares

Number of treasury shares at the end of the period
As of September 30, 2017

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Nine months ended September 30, 2017

6,707,303 shares Nine months ended September 30, 2016

2

6,693,521 shares

Quarterly consolidated financial statements
Consolidated balance sheets(Millions of yen)
As of December 31, 2016

As of September 30, 2017

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade3,185
9,773

4,454
7,522

Merchandise and finished goods
Work in process

811
204925
187

Costs on uncompleted construction contracts
Raw materials and supplies

510
176

432219Deferred tax assets
Other

43374

112376

Allowance for doubtful accounts

(1)

(1)

15,077

14,228

2,958

3,010

Accumulated depreciation(1,513)(1,563)

Buildings and structures, net

1,445

1,447

Machinery, equipment and vehicles

109

120

Accumulated depreciation

(64)

(75)

Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures

Machinery, equipment and vehicles, net

45

45

519

559

Accumulated depreciation

(401)

(444)

Tools, furniture and fixtures, net

117

114

1,421

1,421

37
(4)

22(5)

32

16

3,061

3,045

35

33

3,324

4,470

1,145
652

1,176
635

Deferred tax assets
Other

5240

5247

Allowance for doubtful accounts

(108)

(108)

Total investments and other assets

5,258

6,427

8,356

9,506

23,43423,734Tools, furniture and fixtures

Land
Other
Accumulated depreciation
Other, net
Total property, plant and equipment
Intangible assets
Investments and other assetsInvestment securities
Insurance funds
Real estate for investment, net

Total non-current assets
Total assets3

(Millions of yen)
As of December 31, 2016

As of September 30, 2017

Liabilities
Current liabilities
Notes and accounts payable - trade

8,671

6,418

Short-term loans payable
Income taxes payable

1,090
135

1,090
308

Accrued consumption taxes
Advances received

224
1,107

34
1,722

–
14186
2

Provision for bonuses
Provision for loss on construction contracts
Other634

474

11,878

10,238Deferred tax liabilities
Provision for directors' retirement benefits

598
187

941
187

Net defined benefit liability
Other

75
69

89
70

Total non-current liabilities

931

1,289

12,81011,528

Shareholders' equity
Capital stock

1,001

1,001

Capital surplus
Retained earnings

831
7,609

831
8,398

Treasury shares

(12)

(12)

9,430

10,219Valuation difference on available-for-sale securities
Remeasurements of defined benefit plans

1,311
(117)

2,086
(98)

Total accumulated other comprehensive income

1,193

1,987

10,624

12,20623,43423,734

Total current liabilities
Non-current liabilities

Total liabilities
Net assets

Total shareholders' equity
Accumulated other comprehensive income

Total net assets
Total liabilities and net assets

4Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)
Consolidated statements of income (cumulative)(Millions of yen)
Nine months ended

Nine months ended

September 30, 2016

September 30, 2017

Net sales
Cost of sales

20,24015,37919,40913,983Gross profit

4,860

5,426

Selling, general and administrative expenses

3,993

4,042

867

1,383

Interest income
Dividend income

235

237

Rent of real estate for investment
Insurance income

63
12670

Other

1726

Total non-operating income

130

132

Interest expenses
Rent expenses on real estates

629

528

Commission fee
Other

260
10

Total non-operating expenses

4445

Ordinary income

953

1,471

Profit before income taxes

953

1,471

Income taxes - current

293

457

Income taxes - deferred(11)(76)

Total income taxes

281

380

Profit671

1,090

Profit attributable to owners of parent

671

1,090

Operating income
Non-operating income

Non-operating expenses

5Consolidated statements of comprehensive income (cumulative)(Millions of yen)

ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Remeasurements of defined benefit plans, net of tax
Total other comprehensive income
Comprehensive income

Nine months ended

Nine months ended

September 30, 2016

September 30, 2017
671

1,090(63)18774
18(45)

793

626

1,884

626

1,884––

Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controllinginterests6