Summary of Consolidated Financial Results
for the Second Quarter of the Fiscal Year Ending February 28, 2014
(Six Months Ended August 31, 2013)[Japanese GAAP]
September 30, 2013

Company name: Adastria Holdings Co., Ltd.

Listing: TSE 1st section
URL: http://www.adastria.co.jp

Stock code:
2685
Representative: Yoichi Endo, Representative Director, President
Contact:
Ryo Araya, General Manager, Corporate Strategy and Planning Department
Scheduled date of filing of Quarterly Report:
October 15, 2013
Scheduled date of payment of dividend:
October 22, 2013
Preparation of supplementary materials for quarterly financial results:
Yes
Holding of quarterly financial results meeting:Yes (for investors)

Tel: +81-3-6895-6000

Note: The original disclosure in Japanese was released on September 30, 2013 at 15:00 (GMT +9).
(All amounts are rounded down to the nearest million yen)

1. Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending February 28, 2014
(March 1, 2013 – August 31, 2013)(1) Consolidated results of operations (cumulative)(Percentages represent year-on-year changes)

Net sales
Million yen

Six months ended Aug. 31, 2013
Six months ended Aug. 31, 2012
Note: Comprehensive income%

Operating income

Ordinary income

Million yen

Million yen%

Net income%

Million yen

63,749
15.6
3,767
0.2
3,980
3.5
55,1525.0
3,761 (19.6)
3,844 (19.1)
Six months ended Aug. 31, 2013:
3,005 million yen (up 21.4 %)Six months ended Aug. 31, 2012:
2,474 million yen (up 3.4 %)Net income per share

Diluted net income per share

Yen

Yen

Six months ended Aug. 31, 2013
Six months ended Aug. 31, 2012

96.04
92.54

%

2,090
2,169

(3.6)
(9.5)

96.03
-

(2) Consolidated financial position
Total assets
Million yen

As of Aug. 31, 2013
As of Feb. 28, 2013
Reference: Shareholders’ equity

As of Aug. 31, 2013:

Net assets

Equity ratio

Million yen%

68,181
63,41040,905 million yen

40,912
38,598
As of Feb. 28, 2013:

60.0
60.9
38,598 million yen

2. Dividends
1Q-end2Q-endDividend per share
3Q-endYear-end

Total

Yen

Yen

Yen

Yen

Yen

Fiscal year ended Feb. 28, 2013
50.00
Fiscal year ending Feb. 28, 2014
50.00
Fiscal year ending Feb. 28, 2014 (forecast)
Note: Revision to the most recently announced dividend forecast: None

-

70.00

120.00-70.00

120.003. Consolidated Forecast for the Fiscal Year Ending February 28, 2014 (March 1, 2013 – February 28, 2014)
Net sales
Full year

Operating income

Ordinary income
Million yen

Million yen%

Million yen

157,900

29.8

10,100%3.9

10,300Note: Revision to the most recently announced consolidated forecast: Yes%

3.5(Percentages represent year-on-year changes)
Net income
Net income per share
Million yen

4,900

%

(11.0)

Yen

213.75

* Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in changes inscope of consolidation): Yes
Newly added: 1 (NATURAL NINE CO., LTD.)

Excluded: -Note: Please refer to the section “2. Matters Related to Summary Information (Notes), (1) Changes in Significant
Subsidiaries during the Period” on page 3 for further information.

(2) Special accounting methods in the preparation of quarterly consolidated financial statements: None

(3) Changes in accounting policies and accounting-based estimates, and restatements
1) Changes in accounting policies due to revisions in accounting standards, others: Yes
2) Changes in accounting policies other than 1) above: None
3) Changes in accounting-based estimates: Yes
4) Restatements: None
Note: Please refer to the section “2. Matters Related to Summary Information (Notes), (3) Changes in Accounting Policies
and Accounting-based Estimates, and Restatements” on page 4 for further information.

(4) Number of outstanding shares (common stock)1) Number of shares outstanding at end of period (including treasury stock)
As of Aug. 31, 2013:

24,400,000 shares

As of Feb. 28, 2013:

24,400,000 shares

As of Feb. 28, 2013:

2,657,885 shares

2) Number of shares of treasury stock at end of period
As of Aug. 31, 2013:

2,589,381 shares

3) Average number of shares outstanding during the period (cumulative)
Six months ended Aug. 31, 2013:

21,768,938 shares

Six months ended Aug. 31, 2012:

23,437,668 shares

Note 1: Indication of quarterly review procedure implementation status
The current quarterly financial statements are exempted from quarterly review procedures based on the Financial Instruments
and Exchange Law. At the time of disclosure, the review procedures for these quarterly financial statements have not been
completed.
Note 2: Cautionary statement with respect to forward-looking statements
Forward-looking statements in this report are based on currently available information and certain assumptions judged to bereasonable. Actual results may differ significantly from these forecasts for a number of factors. Please refer to the section“Qualitative Information Regarding Consolidated Forecast” on page 3 regarding preconditions or other related matters for theforecast shown above.

Reference: Summary of Non-consolidated Forecast
Non-consolidated Forecast for the Fiscal Year Ending February 28, 2014 (March 1, 2013 – February 28, 2014)
Net sales
Million yen%

Operating income

Ordinary income

Million yen

Million yen%%

Full year
57,500 (50.0)
4,900 (47.0)
5,100 (47.1)
Note: Revision to the most recently announced non-consolidated forecast: Yes(Percentages represent year-on-year changes)
Net income
Net income per share
Million yen

3,100

%

(43.0)

Yen

135.23

Adastria Holdings Co., Ltd. (2685) Summary of 2Q Financial Results for February 2014 Fiscal Year

Contents of Attachments
1. Qualitative Information on Quarterly Consolidated Financial Performance2(1) Qualitative Information Regarding Consolidated Results of Operations

2(2) Qualitative Information Regarding Consolidated Financial Position

2(3) Qualitative Information Regarding Consolidated Forecast

3

2. Matters Related to Summary Information (Notes)

3(1) Changes in Significant Subsidiaries during the Period

3(2) Application of Special Accounting Methods for Presenting Quarterly Consolidated Financial Statements

4(3) Changes in Accounting Policies and Accounting-based Estimates, and Restatements

4

3. Quarterly Consolidated Financial Statements

5(1) Quarterly Consolidated Balance Sheets

5(2) Quarterly Consolidated Statements of Income and Comprehensive Income7(3) Quarterly Consolidated Statements of Cash Flows

9(4) Going Concern Assumption

10(5) Significant Changes in Shareholders’ Equity

10

4. Supplementary Information

11(1) Number of Stores for Formats and Regions

11(2) Sales for Brands and Regions

12(3) Sales for Merchandise Categories

12

- 1 -

Adastria Holdings Co., Ltd. (2685) Summary of 2Q Financial Results for February 2014 Fiscal Year

1. Qualitative Information on Quarterly Consolidated Financial Performance(1) Qualitative Information Regarding Consolidated Results of Operations
In the first half of the current fiscal year (March 1, 2013 to August 31, 2013), there was a steady recovery of theJapanese economy. Exports rebounded, corporate earnings increased, particularly at manufacturers, and the end of
deflation appears to be near.
In the casual wear market, in which our group operates, the operating environment was favorable as consumer
sentiment slowly improves and weather was generally good.
In the second quarter of the current fiscal year, NATURAL NINE CO., LTD. became a consolidated subsidiarythrough a share exchange. This company has outstanding capabilities in textile and product designs. Adding
NATURAL NINE CO., LTD., which has operations in many Asian countries, to the Group will help create a groupthat has its own merchandise planning capability. Management believes this will be important from the standpoint ofachieving a big increase in corporate value.
Consolidated sales were generally healthy as existing-store sales were 2.5% higher than the same period of theprevious fiscal year. Sales of the REPIPI ARMARIO and APART BY LAWRYS brands were higher and the LOWRYSFARM and GLOBAL WORK brands all posted solid sales.
We continued to aggressively open new stores and close unprofitable ones in Japan: we opened 53 new stores, andclosed 22, resulting in a domestic network of 854 stores at the end of the second quarter of the current fiscal year(including 21 e-commerce websites).
Overseas, two stores were opened and eight were closed in Taiwan, one store was opened and two were closed in
Hong Kong, five stores were opened and one was closed in China, and four stores were opened in Singapore. At theend of the second quarter of the current fiscal year, there were 25 stores in Taiwan, 23 in Hong Kong, 21 in China,
and eight in Singapore for a total of 77 overseas stores.
There was an extraordinary gain of 202 million yen in association with the step acquisitions for making NATURALNINE CO., LTD. a consolidated subsidiary and an extraordinary loss of 113 million yen for impairment losses atstores.
As a result, consolidated net sales in the first half of the current fiscal year increased 15.6% year-on-year to 63,749
million yen, operating income increased 0.2% to 3,767 million yen, ordinary income increased 3.5% to 3,980
million yen, and net income decreased 3.6% to 2,090 million yen.
On September 1, 2013, a share exchange was conducted that made TRINITY ARTS inc. a wholly owned subsidiary,with the Company as a solo parent. At the same time, an absorption-type company split was conducted in which
POINT INC. (the “new POINT”), the Company’s wholly owned subsidiary, was spun off as a successor company toconduct the operations of the Company. In addition, the new POINT received rights and obligations for all businessactivities other than management administration. By taking these actions, the Group established a holding company
structure. Furthermore, the company name was changed to Adastria Holdings Co., Ltd. on the same day.
(2) Qualitative Information Regarding Consolidated Financial Position
1) Assets, liabilities and net assets
Total assets increased 4,770 million yen from as of February 28, 2013 to 68,181 million yen as of August 31, 2013.
This was mainly due to a decrease in short-term investment securities (commercial papers and Treasury DiscountBills) of 6,499 million yen in spite of increases in cash and deposits of 2,417 million yen, and goodwill of 5,712
million yen.
Liabilities increased 2,456 million yen to 27,268 million yen. This was mainly due to increases in notes andaccounts payable-trade of 6,013 million yen, and short-term loans payable of 1,355 million yen.
Net assets increased 2,314 million yen to 40,912 million yen. This was mainly due to an increase in capital surplus
of 1,509 million yen due to the share exchange.

- 2 -Adastria Holdings Co., Ltd. (2685) Summary of 2Q Financial Results for February 2014 Fiscal Year

2) Cash flows
Cash and cash equivalents (hereinafter “net cash”) as of August 31, 2013 amounted to 14,256 million yen, or 4,082
million yen less than as of February 28, 2013.
A summary of cash flows from each activity during the first half of the current fiscal year is as follows:
Cash flows from operating activities
Net cash provided by operating activities totaled 2,756 million yen (compared with 2,356 million yen provided in
the same period of the previous fiscal year). The main factors include income before income taxes and minority
interests of 4,069 million yen and income taxes paid of 2,273 million yen.
Cash flows from investing activities
Net cash used in investing activities totaled 2,574 million yen (compared with 2,376 million yen used in the same
period of the previous fiscal year). This was mainly due to payments of 2,478 million yen for the purchase ofproperty, plant and equipment.
Cash flows from financing activities
Net cash used in financing activities totaled 4,985 million yen (compared with 3,358 million yen used in the same
period of the previous fiscal year). This was due to cash dividends paid of 1,520 million yen and the treasury stock
purchases of 4,000 million yen.
(3) Qualitative Information Regarding Consolidated Forecast
The forecast announced on April 4, 2013 for consolidated results of operations in the current fiscal year did notinclude the effects of the management integration of TRINITY ARTS inc. and NATURAL NINE CO., LTD. and theshift to a holding company structure. At this time, the forecast has been revised to reflect the effects of these actions.
The forecast was revised primarily because NATURAL NINE CO., LTD. became a consolidated subsidiary in thesecond quarter and TRINITY ARTS inc. will become a consolidated subsidiary in the third quarter and due to theamortization of goodwill associated with the management integration and shift to a holding company structure.
[Reference] Qualitative Information Regarding Non-consolidated Forecast
Regarding the non-consolidated forecast, in association with the management integration and shift to a holding
company structure, the Company became a holding company on September 1, 2013 that performs primarily
management guidance and administrative functions for group companies. As a result, the non-consolidated forecast
is the combination of the non-consolidated performance of POINT INC. in the first half and the forecast for the
non-consolidated performance of Adastria Holdings Co., Ltd. in the second half.
2. Matters Related to Summary Information (Notes)(1) Changes in Significant Subsidiaries during the Period
On June 4, 2013, the Company acquired 100% of the voting rights of NATURAL NINE HOLDINGS CO., LTD. tomake it a wholly owned subsidiary through a share exchange, with the Company as the solo parent. This company
and its four subsidiaries (NATURAL NINE CO., LTD., CROSS BORDER CO., LTD. and two other companies)
were included in the scope of consolidation in the second quarter of the current fiscal year. On August 31, 2013,
NATURAL NINE CO., LTD., which is the surviving company, absorbed NATURAL NINE HOLDINGS CO., LTD.
and CROSS BORDER CO., LTD., which were dissolved.

- 3 -Adastria Holdings Co., Ltd. (2685) Summary of 2Q Financial Results for February 2014 Fiscal Year

(2) Application of Special Accounting Methods for Presenting Quarterly Consolidated Financial Statements
Not applicable.
(3) Changes in Accounting Policies and Accounting-based Estimates, and Restatements
Changes in accounting policies that are difficult to distinguish from changes in accounting-based estimates
Following tax law revisions, from the first quarter of the current fiscal year, the Company and its certain domestic
consolidated subsidiaries have changed the method of depreciation of property, plant and equipment (excluding
store interior equipment) acquired on or after March 1, 2013 in line with methods prescribed in the revised
Corporation Tax Act.
The effect of this change on operating income, ordinary income, and income before income taxes and minority
interests in the first half of the current fiscal year is insignificant.

- 4 -Adastria Holdings Co., Ltd. (2685) Summary of 2Q Financial Results for February 2014 Fiscal Year

3. Quarterly Consolidated Financial Statements(1) Quarterly Consolidated Balance Sheets(Million yen)
Second quarter of FY2/14(As of Aug. 31, 2013)

FY2/13(As of Feb. 28, 2013)
AssetsCurrent assets
Cash and deposits

11,84914,267

Notes and accounts receivable-trade

4,829

6,296

Short-term investment securities

6,499

-

Inventories

7,749

8,387

Other

2,296

1,919

Allowance for doubtful accounts

(34)

(48)

33,19030,822

Store interior equipment, net

5,933

6,397

Other, net

5,061

5,059

Total property, plant and equipment

10,994

11,457

1,797

7,510

812

977

2,609

8,488

Lease and guarantee deposits

11,306

11,907

Other

5,513

5,693

Allowance for doubtful accounts

(204)

(188)

Total current assets
Noncurrent assets
Property, plant and equipment

Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets

Total investments and other assets
Total noncurrent assets
Total assets

16,616

17,41330,22037,35963,41068,181

13,90914,522508

1,864

Liabilities
Current liabilities
Notes and accounts payable-trade
Short-term loans payable
Current portion of long-term loans payable

235

240

Accounts payable-other

5,581

5,434

Income taxes payable

2,378

2,317

Provision for bonuses

1,212

1,403

Provision for directors' bonuses

51

38

Other provision

163

262

Other

191

416

24,231

26,501

Total current liabilities- 5 -Adastria Holdings Co., Ltd. (2685) Summary of 2Q Financial Results for February 2014 Fiscal Year

(Million yen)
Second quarter of FY2/14(As of Aug. 31, 2013)

FY2/13(As of Feb. 28, 2013)
Noncurrent liabilities
Bonds payable3134

Long-term loans payable

261

311

Provision

101

101

Other

187

321

Total noncurrent liabilities

581

767

24,812

27,268

Capital stock

2,660

2,660

Capital surplus

2,517

4,027

Total liabilities
Net assets
Shareholders' equity

Retained earnings

40,826

41,414

Treasury stock(8,188)(8,892)

Total shareholders' equity

37,816

39,209792

1,515

Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges

719

Foreign currency translation adjustment

(17)

161

Total accumulated other comprehensive income

781

1,696

Subscription rights to shares
Total net assets
Total liabilities and net assets

- 6 -

-

6

38,59840,912

63,41068,181

Adastria Holdings Co., Ltd. (2685) Summary of 2Q Financial Results for February 2014 Fiscal Year

(2) Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statements of Income(For the Six-month Period)First six months of FY2/13(Mar. 1, 2012 – Aug. 31, 2012)(Million yen)First six months of FY2/14(Mar. 1, 2013 – Aug. 31, 2013)

Net sales

55,152

63,749

Cost of sales

22,68327,070Gross profit

32,46936,678Selling, general and administrative expenses

28,70732,911

Operating income

3,761

3,767

28

29

Non-operating income
Dividends income
Insurance premiums refunded cancellation

-

73

Other

65

175

Total non-operating income

94

278

Interest expenses

018Commitment fee

66Commission for purchase of treasury stock220

Non-operating expenses

Loss on insurance cancellation

-

6

Other

3

15

Total non-operating expenses

11

65

3,844

3,980

Ordinary income
Extraordinary income
Gain on sales of noncurrent assets

18-

Gain on step acquisitions-

202

Total extraordinary income

18

202

Impairment loss

78

113

Loss on valuation of investment securities

14-

Extraordinary loss

92

113

Income before income taxes and minority interests

Total extraordinary losses

3,769

4,069

Income taxes-current

2,011

2,216

Income taxes-deferred

(396)

(237)

Total income taxes

1,615

1,978

Income before minority interests

2,154

2,090

Minority interests in loss

(14)

-

Net income

2,169

2,090

- 7 -

Adastria Holdings Co., Ltd. (2685) Summary of 2Q Financial Results for February 2014 Fiscal Year

Quarterly Consolidated Statements of Comprehensive Income(For the Six-month Period)First six months of FY2/13(Mar. 1, 2012 – Aug. 31, 2012)(Million yen)First six months of FY2/14(Mar. 1, 2013 – Aug. 31, 2013)

2,154

2,090

Valuation difference on available-for-sale securities

273

723

Deferred gains or losses on hedges

(4)

12

Foreign currency translation adjustment

50

179

Total other comprehensive income

320

914

2,474

3,005

2,481

3,005

(6)

-

Income before minority interests
Other comprehensive income

Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of theparentComprehensive income attributable to minority
interests- 8 -Adastria Holdings Co., Ltd. (2685) Summary of 2Q Financial Results for February 2014 Fiscal Year

(3) Quarterly Consolidated Statements of Cash FlowsFirst six months of FY2/13(Mar. 1, 2012 – Aug. 31, 2012)(Million yen)First six months of FY2/14(Mar. 1, 2013 – Aug. 31, 2013)

Income before income taxes and minority interests

3,769

4,069

Depreciation and amortization

2,169

2,392

Net cash provided by (used in) operating activities

Impairment loss

78

113

Amortization of goodwill
Increase (decrease) in allowance for doubtful
accounts
Increase (decrease) in provision for bonuses

-

404

(97)

(4)

Loss (gain) on step acquisitions
Decrease (increase) in notes and accounts
receivable-trade
Decrease (increase) in inventories
Increase (decrease) in notes and accounts
payable-trade
Increase (decrease) in accounts payable-other
Increase (decrease) in accrued consumption taxes

292

187

-

(202)

(503)

(31)

310

(236)

(2,185)(1,732)

135

(172)

(112)

(32)

Other, net

87

261

Subtotal

3,944

5,016

Interest and dividends income received

35

32Interest expenses paid

(0)

(18)

Income taxes paid

(1,623)(2,273)

Net cash provided by (used in) operating activities

2,356

2,756

Net cash provided by (used in) investing activities
Purchase of property, plant and equipment(2,077)(2,478)Purchase of intangible assets

(141)

(344)

Payments for lease and guarantee deposits
Proceeds from collection of lease and guarantee
deposits
Other, net

(551)

(655)

388

865

5

38

Net cash provided by (used in) investing activities(2,376)(2,574)102690

Net cash provided by (used in) financing activities
Increase (decrease) in short-term loans payable
Proceeds from long-term loans payable-

257

Repayment of long-term loans payable

-

(318)

Cash dividends paid

(1,664)(1,520)Purchase of treasury stock(1,796)(4,000)-(93)(3,358)(4,985)17

83

Net increase (decrease) in cash and cash equivalents(3,360)(4,719)Cash and cash equivalents at beginning of period
Increasing of cash and cash equivalents for stock
exchange

25,30818,338-637

Cash and cash equivalents at end of period

21,947

14,256

Other, net
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash
equivalents- 9 -Adastria Holdings Co., Ltd. (2685) Summary of 2Q Financial Results for February 2014 Fiscal Year(4) Going Concern Assumption
Not applicable.
(5) Significant Changes in Shareholders’ Equity
Pursuant to the resolution approved at the Board of Directors meeting held on April 4, 2013, the Company conducted ashare exchange on June 4, 2013 to make NATURAL NINE HOLDINGS CO., LTD. a wholly owned subsidiary, with
the Company as the solo parent. As a result, capital surplus increased by 1,501 million yen and treasury stock decreased
by 3,260 million yen in the second quarter of the current fiscal year.
In addition, treasury stock increased by 4,000 million yen in the second quarter of the current fiscal year as theCompany repurchased its own shares following the resolution approved at the Board of Directors meeting held on May
28, 2013.
Moreover, treasury stock decreased by 35 million yen in the second quarter of the current fiscal year as the part of thestock acquisition rights, which was issued following the resolution approved at the Board of Directors meeting held on
May 15, 2013, was exercised.
As a result, capital surplus totaled 4,027 million yen and treasury stock 8,892 million yen at the end of the second
quarter of the current fiscal year.

- 10 -

Adastria Holdings Co., Ltd. (2685) Summary of 2Q Financial Results for February 2014 Fiscal Year

4. Supplementary Information(1) Number of Stores for Formats and Regions
Number of stores
Store format / region

As of Feb.
28, 2013

First six months of FY2/14
Opened,etc.

Rebranded

ClosedIncrease/decrease

As of Aug.
31, 2013

RAGEBLUE

62

3

-

(2)

1

63

LOWRYS FARM

149

14

-

(5)

9

158

GLOBAL WORK

172

6

-

(6)

-

172

JEANASIS

81

2

-

(3)

(1)

80

HEATHER

75

2

-

(2)

-

75

HARE

35

-

-

(1)

(1)

34

NINE BLOCKS (Note 3)

29

5

-

-

5

34

APART BY LAWRYS (Note 4)

29

5

-

(2)

3

32

LEPSIM LOWRYS FARM

111

3

-

(1)

2

113

REPIPI ARMARIO

23

5

-

-

5

28

JEWELIUM

4

-

-

-

-

4

TURNO JEANA

5

1

-

-

1

6

ME PERCENT

3

2

-

-

2

5

BLISS POINT

6

2

-

-

2

8

COLLECT POINT (Multiple brand shop)

1

-

-

-

-

1

Total (POINT INC.)

785

50

-

(22)

28

813

38

3

-

-

3

41

BABYLONE INC. (Note 5)
Total (Consolidated subsidiary in Japan)

38

3

-

-

3

41

Total (Japan)

823

53

-

(22)

31

854

Taiwan

31

2

-

(8)

(6)

25

Hong Kong

24

1

-

(2)

(1)

23

China

17

5

-

(1)

4

21

-

4

8

Singapore4

4-

Total (Overseas)

76

12

-

(11)

1

77

Total (Group)

899

65

-

(33)

32

931

Notes: 1. The number of stores includes e-commerce websites of other companies and e-commerce websites of the Company.
2. Stores that sell merchandise of two or more brands are categorized as the brand that operates each store.
3. NINE BLOCKS stores include brand outlets.
4. APART BY LAWRYS includes MALLIKA FLICKA.
5. BABYLONE INC. includes its subsidiary universite CO., LTD.

- 11 -

Adastria Holdings Co., Ltd. (2685) Summary of 2Q Financial Results for February 2014 Fiscal Year

(2) Sales for Brands and Regions
Brand / region

First six months of FY2/14
Sales (million yen)

YoY change (%)

Composition (%)

RAGEBLUE

4,570

7.2

10.2

LOWRYS FARM

12,102

19.0

7.4

GLOBAL WORK

13,55321.3

5.1

JEANASIS

5,174

8.1

(0.1)

HEATHER

4,083

6.4

(0.0)
13.2

HARE

2,497

3.9

NINE BLOCKS (Note 1)

4,034

6.3

3.6

APART BY LAWRYS (Note 2)

1,706

2.7

19.5

LEPSIM LOWRYS FARM

6,137

9.6

2.9

REPIPI ARMARIO

1,343

2.1

52.4

JEWELIUM

199

0.3(32.1)TURNO JEANA

188

0.3

34.1

ME PERCENT

120

0.2

-

BLISS POINT

836

1.3

13.1

Others6

0.0-

Total (POINT INC.)

56,55388.7

6.3

BABYLONE INC. (Notes 3, 4)

2,355

3.7

-

Other consolidated subsidiaries (Note 5)

1,498

2.3

-

Total (Consolidated subsidiary in Japan)

3,853

6.0

-

Total (Japan)

60,407

94.7

13.6

TaiwanHong Kong
China
Singapore

685

1.1

12.9

1,950

3.1

82.7

411

0.6

64.6

294

0.5

592.6

Total (Overseas)

3,342

5.3

69.9

Total (Group)

63,749

100.0

15.6

Notes: 1. NINE BLOCKS stores include brand outlets.
2. APART BY LAWRYS includes MALLIKA FLICKA.
3. BABYLONE INC. includes its subsidiary universite CO., LTD.
4. No year-on-year change is shown for BABYLONE INC. because this company became a consolidated subsidiary on
November 1, 2012.
5. Other consolidated subsidiaries include NATURAL NINE CO., LTD. and Posic Co., Ltd.

(3) Sales for Merchandise Categories
Category

First six months of FY2/14
Sales (million yen)

Composition (%)

YoY change (%)

Men’s apparel (bottoms, tops)

11,754

18.4

11.3

Lady’s apparel (bottoms, tops)

39,276

61.6

10.2

Others12,71820.0

42.3

63,749

100.0

15.6

Total

Note: The others category includes sales of NATURAL NINE CO., LTD., additions to the provision for point card certificatesand other items.
This financial report is solely a translation of the Company’s Kessan Tanshin (including attachments) in Japanese, which has been
prepared in accordance with accounting principles and practices generally accepted in Japan, for the convenience of readers who
prefer an English translation.

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