Summary of Business Results for the Third Quarter Ended December 31, 2018 [Japan GAAP]
February 14, 2019
Company
Akatsuki Corp.
Listed on the TSE
Stock Code 8737 URL http://www.akatsuki-fg.com/
Representative
Hideaki Shimane, President and Representative Director
Contact
Masahiro Kawanaka, Executive Officer, Head of President officeTEL
03-6821-0606
February 14, 2019
Expected starting date of dividend payment: －Expected date of filing of quarterly reporPreparation of quarterly supplementary financial document: None
Quarterly results briefing: None

（Rounded down to million yen）
1. Consolidated business results for the nine months ended December 2018(April 1, 2018 through December 31, 2018)(1)Consolidated results of operations(% change from the previous corresponding period)
Net income
Net operating
Operating income
Ordinary income
attributable to owners
Operating revenues
revenuesof parent
Million yen％ Million yen％ Million yen％ Million yen％ Million yen％
Nine months ended Dec. 2018
23,716
46.2
7,051
7.0
714
△49.3
408
△76.5
268
△83.2
Nine months ended Dec. 201716,219
399.3
6,590
157.9
1,408－1,738
302.01,594602.9(Note) Comprehensive income:Nine months ended Dec. 2018
162 Million yen （△86.1％）
Nine months ended Dec. 2017
1,166 Million yen （17.1％）
Net income per share Diluted net income per shareYen
Yen
Nine months ended Dec. 2018
10.90
10.37
Nine months ended Dec. 2017
90.44
81.72
（2）Consolidated financial position
Total assets
As of Dec. 2018
As of Mar. 2018
(Reference) Shareholders’ equity:
As of Dec. 2018
As of Mar. 2018

Shareholders’ equityratio
Million yen％
13,442
21.4
12,467
20.2

Net assets

Million yen
56,24153,498Net assets pershareYen
399.41500.1312,019 Million yen
10,782 Million yen

2. Dividends
Annual dividend
End of 1Q

End of 2Q
Yen

Year ended Mar. 2018

End of3Q
Yen
10.00

－

Year-end
YenYen10.00－

Year ending Mar. 2019
－
10.00
－
Year ending Mar. 2019－－(forecast)(Note) Revisions to dividend forecast for the current quarter: None
Dividend forecasts for the fiscal year ending March 2019 have not yet been determined.

Total

－－－－

3. Forecast of consolidated business results for the fiscal year ending March 2019(April 1, 2018 through March 31, 2019)(% change from the previous corresponding period)
Net income
Operating income
Ordinary income
Operating revenues
attributable to owners
Million yen％ Million yen％ Million yen％ Million yen％
Year ending Mar. 2019
37,00063.4
2,100(Note) Revisions to business forecast for the current quarter: None

29.9－1－1,600△ 10.4Yen
20.00

1,000

△ 41.7※ Notes（1）Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes in the scope of（2）Applications of simplified accounting procedures and specific accounting procedureNone（3）Changes in accounting policies, accounting estimates and restatement① Changes in accounting policies associated with revision of accounting standard Yes② Changes in accounting policies other than ①:None③ Changes in accounting estimates:
None④ Restatement:None（4）Shares outstanding (common stock)① Number of shares outstanding at the end of period (treasury stock included)
As of December 2018
As of March 2018
② Treasury stock at the end of period
As of December 2018
As of March 2018
③ Average number of stock during period (quarterly cumulative period)
Nine months ended December 2018
Nine months ended December 201732,274,144 shares
22,973,937 shares
2,181,373 shares
1,413,716 shares
24,613,775 shares
17,631,729 shares(Note) The number of treasury stock which is deducted for calculating the number of treasury stock during period and theaverage number of shares during the period includes the shares of the Company owned by the ESOP Trust Account and theBBT Trust Account.
※ Quarterly 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
Forecasts regarding future performance in this material are based on information currently available to the company and certain assumptions
that the company deems to be reasonable at the time this report was prepared. Actual results may differ significantly from the forecasts due
to various factors.

－2－Quarterly consolidated balance sheet(Thousands of yen)
As of March 31, 2018
AssetsCurrent assets
Cash and deposits
Cash segregated as deposits
Trading products
Margin transaction assets
Loans on margin transactions
Cash collateral pledged for
securities borrowing on margintransactions
Guarantee deposits
Real estate for sale
Other
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures
LandConstruction in progress
Other
Total property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Investment securities
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets－3－

As of December 31, 2018

7,908,050
5,700,000
1,449,274
5,166,609
5,127,26112,255,512
4,950,000
861,0943,990,924
3,567,004

39,347423,919

330,458
21,044,583
735,600
42,334,578

330,475
26,813,188
976,855
50,178,051

3,945,925
2,512,914
558,086
193,286
7,210,213

1,642,964
831,948－
121,351
2,596,265

2,230,632
263,017
2,493,649

2,061,849
172,955
2,234,805

483,691
1,182,970△206,689
1,459,972
11,163,834
53,498,412

409,573
1,029,356△206,309
1,232,619
6,063,690
56,241,741

(Thousands of yen)
As of March 31, 2018
Liabilities
Current liabilities
Trade date accrual
Margin transaction liabilities
Borrowings on margin transactions
Cash received for securities lendingon margin transactions
Deposits received
Guarantee deposits received
Short-term bonds payable
Short-term loans payable
Current portion of long-term loans
payableCurrent portion of long-term nonrecourse loans payable
Income taxes payable
Other
Total current liabilities
Non-current liabilities
Bonds payableNon-recourse Bond
Long-term loans payableNon-recourse Long-term loans payable
Net defined benefit liability
Exective Share benefit reserve
Other
Total non-current liabilities
Reserves under special laws
Reserve for financial products
transaction liabilities
Total reserves under special laws
Total liabilities
Net assets
Shareholders' equity
Capital stock
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-forsale securities
Foreign currency translation adjustment
Total accumulated other comprehensive
incomeShare acquisition rights
Non-controlling interests
Total net assets
Total liabilities and net assets－4－

As of December 31, 2018

970,292
2,052,195
1,977,525

695,787
972,442
832,487

74,670139,954

5,180,429
470,482
4,000,000
13,670,917

5,684,430
405,7933,000,000
12,671,741

465,632

910,690

101,720

109,220

421,429
1,631,863
28,964,963

81,6591,341,814
25,873,578

1,000,000
100,000
6,451,040
3,354,035
219,201
429,832
492,464
12,046,573

3,000,000
99,0008,609,404
3,809,120
223,085
615,619
550,400
16,906,630

19,28819,28819,28841,030,825

19,28842,799,497

4,560,012
2,775,515
4,052,873△674,389
10,714,011

5,492,516
3,614,800
3,790,709△837,745
12,060,280

62,593△46,860

6,227

5,804

68,821△41,055

21,647
1,663,106
12,467,587
53,498,412

20,833
1,402,185
13,442,244
56,241,741

Quarterly consolidated statement of income (cumulative)(Thousands of yen)
Nine months ended
December 31, 2017
Operating revenue
Commission received
Net trading income
Financial revenue
Sales on real estate business
Other
Total operating revenue
Financial expenses
Cost of sales
Cost of sales on real estate businessTotal cost of sales
Net operating revenue
Selling, general and administrative expenses
Trading related expenses
Personnel expenses
Real estate expenses
Office cost
Depreciation
Taxes and dues
Sales commission
Other
Total selling, general and administrative
expenses
Operating profit
Non-operating income
Penalty income
Gain on sales of investment securities
Other
Total non-operating income
Non-operating expenses
Interest expenses
Commission fee
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sales of non-current assets
Other
Total extraordinary income
Extraordinary losses
Other
Total extraordinary losses－5－

Nine months ended
December 31, 2018

1,610,482
1,156,484
78,33913,373,354
1,161
16,219,822
48,4201,209,230
1,173,528
69,005
21,236,484
28,42823,716,677
13,8029,581,334
9,581,334
6,590,067

16,651,542
16,651,542
7,051,333

19,1192,440,352
262,407377,271
98,993
293,488
440,364
1,249,321

17,7802,582,906
292,551
359,178
174,460
506,154690,600
1,713,051

5,181,318

6,336,683

1,408,748

714,649－
390,512
252,815643,32745,754－90,367
136,122235,086
56,946
21,676
313,709
1,738,366

360,871
54,401
26,556441,830
408,941

258,622－258,622

176,408
7,269
183,678

1,037
1,037

77

(Thousands of yen)
Nine months ended
December 31, 2017
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitProfit (loss) attributable to noncontrolling interests
Profit attributable to owners of parent－6－

Nine months ended
December 31, 2018

1,995,951
423,005
19,567442,573
1,553,378592,612
267,699
52,728
320,428
272,184△41,183

3,931

1,594,561

268,252

Quarterly consolidated statement of comprehensive income (cumulative)(Thousands of yen)
Nine months ended
December 31, 2017
ProfitOther comprehensive income
Valuation difference on available-forsale securities
Share of other comprehensive income ofentities accounted for using equity
methodTotal other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable toowners of parent
Comprehensive income attributable to noncontrolling interests－7－

Nine months ended
December 31, 2018

1,553,378

272,184△388,265△109,449

1,056

△423

△387,209
1,166,168△109,873
162,3111,207,348

158,379△41,179

3,931