Summary of Consolidated Financial Results
for the Third Quarter of the Fiscal Year Ending February 28, 2013
(Nine Months Ended November 30, 2012)[Japanese GAAP]
December 28, 2012

Company name:

POINT INC.

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

Stock code:
Representative:
Contact:

2685
Michio Fukuda, Representative Director, Chairman & President
Ryo Araya, Executive Officer,
Tel: +81-3-6895-6011
General Manager of Corporate Planning Department
Scheduled date of filing of Quarterly Report:
January 11, 2013
Scheduled date of payment of dividend:
Preparation of supplementary materials for quarterly financial results: Yes
Holding of quarterly financial results meeting:
None
Note: The original disclosure in Japanese was released on December 28, 2012 at 15:30 (GMT +9).

(All amounts are rounded down to the nearest million yen)

1. Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending February 28, 2013
(March 1, 2012 – November 30, 2012)(1) Consolidated results of operations (cumulative)(Percentages represent year-on-year changes)

Net sales
Million yen

Nine months ended Nov. 30, 2012
Nine months ended Nov. 30, 2011Note: Comprehensive income%

Operating income

Ordinary income

Million yen

Million yen%

Net income%Million yen

85,092
4.2
7,259 (19.7)
7,412 (19.1)
81,6879.3
9,040 (21.2)
9,158 (21.1)
Nine months ended Nov. 30, 2012:
4,658 million yen (down 12.5 %)Nine months ended Nov. 30, 2011:
5,322 million yen (- %)Net income per share

Diluted net income pershare

YenYenNine months ended Nov. 30, 2012
Nine months ended Nov. 30, 2011182.26232.56%

4,222
5,526(23.6)(13.7)-(2) Consolidated financial position
Total assets
Million yen

As of Nov. 30, 2012
As of Feb. 29, 2012
Reference: Shareholders’ equity

As of Nov. 30, 2012:

Net assets

Equity ratio

Million yen%

62,73362,77136,886 million yen

37,082
41,191
As of Feb. 29, 2012:

58.8
65.3
40,969 million yen

2. Dividends
1Q-end2Q-endYen

Yen

Fiscal year ended Feb. 29, 2012
Fiscal year ending Feb. 28, 2013
Fiscal year ending Feb. 28, 2013 (forecast)
Note: Revision to the most recently announced dividend forecast: None

Dividend per share
3Q-endYear-endYen

50.00
50.00

Yen-Total
Yen

70.00

120.0070.00

120.003. Consolidated Forecast for the Fiscal Year Ending February 28, 2013 (March 1, 2012 – February 28, 2013)
Net sales
Million yen%

Operating income

Ordinary income

Million yen

Million yen%

Full year
119,500
3.9
9,900 (19.9)
10,000Note: Revision to the most recently announced consolidated forecast: Yes%

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

5,700%(16.0)

Yen

246.02

* Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in changes inscope of consolidation): Yes
Newly added: 3 (Singapore Point Pte. LTD, trinity Co.,Ltd., universite CO., LTD )Excluded: -(2) Special accounting methods in the preparation of quarterly consolidated financ ial 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: None
2) Changes in accounting policies other than 1) above: None
3) Changes in accounting-based estimates: None
4) Restatements: None

(4) Number of outstanding shares (common stock)1) Number of shares outstanding at end of period (including treasury stock)
As of Nov. 30, 2012:

24,400,000 shares

As of Feb. 29, 2012:

24,400,000 shares

As of Feb. 29, 2012:

637,885 shares

2) Number of shares of treasury stock at end of period
As of Nov. 30, 2012:

2,657,885 shares

3) Average number of shares outstanding during the period (cumulative)
Nine months ended Nov. 30, 2012: 23,169,150 shares

Nine months ended Nov. 30, 2011:23,762,115 shares

Note 1: Indication of quarterly review procedure implementation status
The current quarterly financial report is exempted from quarterly review procedures based on the Financial Instruments andExchange Law. At the time of disclosure, the review procedures for the 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 2 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, 2013 (March 1, 2012 – February 28, 2013)(Percentages represent year-on-year changes)
Net sales
Million yen%

Operating income

Ordinary income

Million yen

Million yen%

Full year
114,300
2.5
9,500 (18.9)
Note: Revision of non-consolidated forecast during the period: Yes

9,800%(18.4)Net income
Million yen5,650

Net income per share%(13.8)

Yen243.86

POINT INC. (2685) Summary of 3Q Financial Results for February 2013 Fiscal Year

1. Qualitative Information Regarding Quarterly Consolidated Financial Performance(1) Qualitative information regarding consolidated results of operations
In the first nine months of the current fiscal year (March 1, 2012 to November 30, 2012), the Japanese economy was
somewhat firm because of domestic demand from the Great East Japan Earthquake reconstruction activities andother factors. However, capital investment and personal consumption were held back against the backdrop ofsluggish overseas economies which were affected by the protracted debt crisis in Europe.
In the casual wear market, in which our group operates, conditions continued to be difficult due to poor weather andother external factors as the economic outlook remained uncertain.
In this environment, domestic existing-store sales were 97.1% of the same period of the previous fiscal year, andconsolidated net sales increased 4.2%.
In Japan, among existing men’s brands, sales of HARE and the men’s line in RAGEBLUE, kept growing steadily.
And two new brands, namely BLISS POINT and REPIPI ARMARIO, posted strong sales growth.
However, sales of APART BY LAWRYS decreased because of a reduction in the number of stores.
We continued to aggressively open new stores and close unprofitable ones in Japan: we opened 75 new stores, andclosed 29, resulting in a domestic network of 813 stores at the end of the third quarter (including 38 e-commerce
websites).
Overseas, seven stores were opened and three were closed in Taiwan, seven stores were opened and one was closedin Hong Kong, five stores were opened in China, and two stores were opened in Singapore. At the end of the thirdquarter, there were 31 stores in Taiwan, 23 in Hong Kong, 16 in China, and two in Singapore for a total of 72
overseas stores.
Regarding profits, even though production-related expenses were included in the cost of sales and there was some
impact from the adoption of a stricter inventory valuation methodology, the gross profit ma rgin was virtuallyunchanged at 60.2% (down 0.1 percentage point year-on-year).
Selling, general and administrative (SG&A) expenses increased 9.3% year-on-year. The increase was attributableprimarily to higher personnel expenses in order to strengthen operations for achieving the goals of the TOP15
medium-term management plan and growth in depreciation expenses. SG&A-to-sales ratio rose 2.4 percentage
points year-on-year to 51.6%, and the operating income margin declined 2.6 percentage points to 8.5%.
We booked a gain on sales of noncurrent assets of 18 million yen as an extraordinary gain and there wereextraordinary losses of 91 million yen because of impairment losses at 13 stores totaling 78 million yen andinvestment security valuation losses of 13 million yen.
As a result, consolidated net sales in the first nine months increased 4.2% year-on-year to 85,092 million yen,operating income decreased 19.7% to 7,259 million yen, ordinary income decreased 19.1% to 7,412 million yen, andnet income decreased 23.6% to 4,222 million yen.
(2) Qualitative information regarding consolidated financial position
Total assets decreased 37 million yen from as of February 29, 2012 to 62,733 million yen as of November 30, 2012.
This was mainly due to a decrease in short-term investment securities (commercial papers and treasury discountedbills) of 12,998 million yen in spite of increases in accounts receivable-trade of 4,518 million yen, inventories of
3,833 million yen, and total noncurrent assets of 4,656 million yen.
Liabilities increased 4,072 million yen to 25,651 million yen. This was mainly due to an increase in accounts
payable-other of 2,941 million yen.
Net assets decreased 4,109 million yen to 37,082 million yen. This was mainly due to the treasury stock purchasesof 5,947 million yen.

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POINT INC. (2685) Summary of 3Q Financial Results for February 2013 Fiscal Year

(3) Qualitative information regarding consolidated forecast
We have reviewed the current performance trends, and have revised full-year consolidated forecasts for the fiscalyear ending on February 28, 2013 that were announced on April 4, 2012. For details, please refer to theannouncement regarding revision of consolidated forecast (Japanese version only) announced on December 28,2012.

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