Member of the Financial Accounting Standards Foundation

Consolidated Financial Results for the Third Quarter
Of Fiscal Year Ending March 31, 2020
7-Feb-2020
Company Name :Security Code :Representative :Contact :NID Co., Ltd.

Listing :
URL :

2349
President
Shuntaro Komori
Director,Corporate Design Manager, FinanceManager
Masaji KatoJASDAQhttps://www.nid.co.jp/Telephone :81-8-3-6221-6811

1. Consolidated Financial Results for the Third Quarter of Fiscal Year 2020
(From April 1, 2019 to December 31, 2019)(All figures are rounded down to the nearest million yen)

(1) Consolidated Operating Results(% of change from previous year)

Net Sales

Operating Income

Profit attributable toOrdinary Income

owners of parent

Million yen%

Million yen%

Million yen%

Million yen%

3Q FY3/20

12,845

△0.3

1,200

△5.7

1,359

△3.3908△2.7

3Q FY3/19

12,882

△0.5

1,272

1,406

6.9

933

5.6

Note : Comprehensive income :3Q FY3/20

6.0

1,198million yen (41.6%)

3Q FY3/19

846million yen (△9.9%)

Diluted net
income per share

Net income per share
YenYen3Q FY3/2079.99－

3Q FY3/1982.24－(2) Consolidated Financial Position
Total Assets

Total Net Assets

Equity Ratio

Net Assets per Share

Million yen

Million yen%Yen

3Q FY3/20

18,981

13,65872.0

1,202.80

FY3/1918,29912,69969.4

1,118.30

Note : Equity 3Q FY3/20 13,658million yen

FY3/19 12,699million yen

2. Dividend Information
Dividends Per Share
Registry DateFirst quarter

Second quarter

Third quarter

Year End

Full Year

Yen

Yen

Yen

Yen

Yen－－－

21.00

21.00

FY3/20－－FY3/20(Forecasts)
Note : Revisions to the latest projected dividends : None－22.00

22.00

FY3/193. Consolidated Financial Forecasts for the Fiscal Year 2020(From April 1, 2019 to March 31, 2020)
Net Sales

Full Year

Operating Income

Ordinary Income

Profit attributable toNet income

owners of parent

per share

Million yen%

Million yen%

Million yen%

Million yen%

Yen

19,0005.8

1,900△4.22,060△5.01,390△3.8122.40

Note : Revisions to the latest projected consolidated results : None

- 1 -* Notes:(1) Changes in the scope of our consolidation, including changes in our subsidiaries : None
Consolidated subsidiaries : 0 added,

0 removed(2) Application of simple accounting method : Yes(3) Changes in accounting methodology, procedures, and the way our figures are displayed in the creation of our Quarter consolidated
financial statements.
①

Changes arising from revisions in accounting standards : None②

Changes arising from other reasons : None③

Changes in estimation related to financial statements : None④

Re-statement of revisions : None

(4) Shares issued (Common stock)
Shares issued as of term end (including treasury stock)

3Q FY3/20

13,109,490

FY3/1913,109,490

Treasury stock as of term end

3Q FY3/20

1,753,704

FY3/191,753,704

Average shares issued during term

3Q FY3/20

11,355,786

3Q FY3/19

11,355,851* This quarterly consolidated financial results are not subject to a quarterly review by a certified public accountant or an audit firm.
*Regarding the appropriate use of our earnings projections and other notes.
All projections provided in this document are based on the most accurate information available at the time of this writing.
However our actual results may differ from our projections due to various unforeseen reasons.
*Stock split
NID conducted a three-for-one common stock split effective on December 1, 2018. Net income per share and the number ofshares outstanding are calculated as if this stock split had taken place at the beginning of the fiscal year 2018.

- 2 -4. Consolidated Financial Statements(1) Consolidated Balance Sheets(Thousand yen)
FY3/19AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Work in process
OtherTotal current assets
Non-current assets
Property, plant and equipmentIntangible assets
Investments and other assets
Investment securities
Deferred tax assets
Guarantee deposits
Other
Total investments and other assets
Total non-current assets
Total assets- 3 -3rd Quarter
FY3/208,938,931
3,117,700
122,918
97,35012,276,901

8,808,245
2,704,849
517,574
152,238
12,182,908

403,268
90,686

413,420
121,571

4,141,858
954,992
308,241
123,312
5,528,404
6,022,359
18,299,260

4,885,652
816,617347,384
214,0036,263,657
6,798,649
18,981,558

(Thousand yen)
FY3/19Liabilities
Current liabilities
Accounts payable - trade
Short-term borrowings
Accounts payable - other
Income taxes payable
Provision for bonuses
Other
Total current liabilities
Non-current liabilities
Retirement benefit liability
Provision for retirement benefits for directors(and other officers)
Asset retirement obligations
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Total net assets
Total liabilities and net assets- 4 -3rd Quarter
FY3/20393,651－
428,181401,915
895,568
452,400
2,571,716

422,000
360,000
518,620
105,603463,820561,956
2,432,001

2,334,719

2,356,589

626,550

487,775

45,90821,2393,028,417
5,600,134

46,491－2,890,856
5,322,857

653,352
488,675
12,281,709△1,227,333
12,196,404

653,352
488,675
12,951,627△1,227,333
12,866,321

491,503
11,219502,722
12,699,126
18,299,260

769,632
22,746792,379
13,658,701
18,981,558

(2) Consolidated Statements of Income(Thousand yen)
3rd Quarter
FY3/19Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Gain on sales of investment securities
Subsidy income
Other
Total non-operating income
Non-operating expenses
Interest expenses
Loss on sales of investment securities
investment partnership management fee
Taxes and dues
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sales of non-current assets
Total extraordinary income
Extraordinary losses
Loss on retirement of non-current assets
Office relocation expenses
Total extraordinary losses
Profit before income taxes
Income taxes
ProfitProfit attributable toProfit attributable to owners of parent
Profit attributable to non-controlling interests
Other comprehensive income
Valuation difference on available-for-sale securities
Remeasurements of defined benefit plans, net of tax
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable toowners of parent
Comprehensive income attributable to noncontrolling interests- 5 -3rd Quarter
FY3/2012,882,604
10,107,519
2,775,085
1,502,416
1,272,668

12,845,981
10,095,690
2,750,290
1,549,793
1,200,496

7,567
95,024
1,675
19,68017,951
141,899

5,959
109,744－
20,02535,594
171,325

1,271
－

1,062
1,360

4,311
2,775
99
8,457
1,406,109

5,641
4,200
291
12,556
1,359,265

－

916

－

916

272

8,927

18,012
18,284
1,387,825
453,894
933,931210
9,137
1,351,044
442,655
908,389

933,931－

908,389－△89,610
1,991△87,619846,312278,129
11,527
289,656
1,198,045

846,312

1,198,045－－