Financial Results for the Third Quarter of Fiscal Year Ending March 31, 2013
(Nine Months Ended December 31, 2012) <under Japanese GAAP> (Consolidated)
February 7, 2013
Company name : NIKKO COMPANY
ID number : 5343 Stock listing : Nagoya Stock Exchange Second Section
URL : http://www.nikko-company.co.jp/
Representative : Kazuto Futamata, Chief Executive Officer
Contact : Yasuhiro Kurauchi, Chief Financial Officer (Phone: +81-76-276-2121)
Scheduled date to submit Securities Report : February 13, 2013
Scheduled date to begin dividend payments : Preparation of supplementary materials for quarterly financial results: None
Holding of quarterly financial results meeting: None
(All amounts are rounded down to the nearest million yen)
1. Consolidated Financial Results for the Nine Months Ended December 31, 2012 (April 1, 2012 - December 31, 2012)(1) Consolidated operating results(Percentage figures represent changes from the same period of the previous year.)Net sales

Operating income％

Millions of yen
Nine months ended
Dec. 31, 2012

11,990Ordinary income％Millions of yen

Millions of yen

Net income％Millions of yen％

(10.1)(840)-(819)-(1,519)--(79)

-(86)

-102

-

Nine months ended
13,341
Dec. 31, 2011
Note: Comprehensive income (Millions of yen):Dec. 31, 2012: (1,534) ( -%)Net income pershare

Dec. 31, 2011: 82 (-%)

Diluted net income
per share
Yen

Yen

Nine months ended
Dec. 31, 2012

(81.11)-

Nine months ended
Dec. 31, 2011

5.45-(2) Consolidated financial position
Total assets

Net assets

Millions of yen

Equity ratio

Net assets per share

Millions of yen%

Yen

As of Dec. 31, 2012

11,980

2,088

17.4

111.49As of Mar. 31, 201213,173

3,623

27.5

193.41

Reference:

Shareholders' equity (Millions of yen):Dec. 31, 2012: 2,088

Mar. 31, 2011: 3,623

2. Dividends(Record date)1Q-end2Q-endYen

Year ended Mar. 31, 2012

Year ending Mar. 31, 2013
Year ending Mar. 31, 2013
(forecast)
Notes: Revision of dividend forecast during the period: None

Dividend per share
3Q-end
Yen
Yen
0.00
0.00

Year-end

Annual
Yen

Yen

0.00

0.00

0.00

0.00

‐

3. Consolidated Forecast for the Fiscal Year Ending March 31, 2013 (April 1, 2012 - March 31, 2013)(Percentage figures represent changes from the same period of the previous year.)
Net income perNet sales
Operating income
Ordinary income
Net income
share
Full year

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

Yen

16,500(9.5)(1,130)-(1,100)-(1,800)-(96.09)

Notes: Revision of projected consolidated performance during the period: None1.
4. Notes(1) Changes in significant subsidiaries (changes in specified subsidiaries accompanying changes in the scope of consolidation) during
the period: None
New: — companies (Company name:)
Eliminated: — companies (Company name:)(2) Application of special accounting methods for quarterly consolidated financial statements: None
(3) Changes in accounting policies, changes in accounting estimates, or restatement
1) Changes in accounting policies due to changes in consolidated accounting methods: Yes
2) Changes other than 1) above: None
3) Changes in accounting estimates: Yes
4) Restatement: None
Note: The depreciation method has been changed from the first quarter of this fiscal year and this change is applicable to “a casewhen it is difficult to distinguish between a change in an accounting policy and a change in an accounting estimate.” For further
information, please refer to Changes in accounting policies, estimates, and restatement in “Summary Information (Notes)”.
(4) Number of shares outstanding (common shares)
1) Number of shares outstanding (including treasury stock) at the end of the period
Dec. 31, 2012:
19,572,000 sharesMar. 31, 2012:
2) Number of treasury stock at the end of the period
Dec. 31, 2012:
841,632 sharesMar. 31, 2012:
3) Average number of shares issued during the period (cumulative; consolidated)
Nine months ended Dec. 31, 2012: 18,731,990 shares
Nine months ended Dec. 31, 2011:

19,572,000 shares
838,142 shares
18,735,187 shares*Information regarding the implementation of quarterly review procedures
The current quarterly financial statements are exempted from quarterly review procedures based on the Financial Instruments andExchange Law. At the time of disclosure, we have not completed the review process for these consolidated statements.
*Appropriate use of business forecasts, other special items
Forecasts regarding future results in these materials are based on information available to the Company at the time the materials werecreated. Actual results may differ significantly from these forecasts for a number of reasons.

21. Summary Information (Notes)(1) Overview of Changes in Consolidated Subsidiaries
No reportable information(2) Overview of Adoption of Special Accounting Methods
No reportable information(3) Changes in accounting principles, accounting estimates and retrospective restatement for consolidated(a change in an accounting policy which is difficult to distinguish from a change in an accounting estimate)
At the Company and its domestic consolidated subsidiaries, the depreciation method for Property and equipment acquired on orafter April 1, 2012 had been changed to method under the revised act from the first quarter of this fiscal year. The impact of thischange to income and loss is immaterial.

32. Quarterly Consolidated Financial Statements(1) Consolidated Balance Sheet

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable-trade
Merchandise and finished goods
Work in process
Costs on uncompleted construction contracts
Raw materials and supplies
Deferred tax assets
OtherAllowance for doubtful accounts
Total current assetsNoncurrent assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation
Buildings and structures, netLand
Other
Accumulated depreciation
Other, net
Total property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
OtherAllowance for doubtful accounts
Total investments and other assets
Total noncurrent assets
Total assets
Liabilities
Current liabilities
Notes and accounts payable-trade
Short-term loans payable
Current portion of long-term loans payable
Income taxes payable
Provision for bonuses
Provision for product warranties
Other
Total current liabilities
Noncurrent liabilities
Long-term loans payable
Provision for retirement benefits
Provision for directors' retirement benefits
Other
Total noncurrent liabilities
Total liabilities
Net assets
Shareholders' equity
Capital stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Accumulated other comprehensive income
Total net assets
Total liabilities and net assets

4FY03/2012(As of Mar.31,2012)(Millions of yen)
Third quarter of FY03/2013(As of Dec. 31,2012)

1,131
3,203
2,197
731
317
357
1148(117)
7,970

1,423
2,263
2,075
609
467
365
0
148
(22)
7,332

6,783
(4,584)
2,198
1,261
6,995
(6,237)
758
4,218
244

6,714
(4,684)
2,030
1,261
6,797
(6,329)
467
3,758
188

595
539
(394)
740
5,202
13,173

533
698
(530)
701
4,648
11,980

3,370
1,199
328
5385
128
1,249
6,414

3,186
1,684
341
42
25
380
1,305
6,964

1,441
1,229
104
359
3,135
9,549

1,216
1,319
32
359
2,927
9,892

3,200
1,321(259)
(334)
3,927

3,200
1,321
(1,778)
(335)
2,407

(173)
(130)
(303)
3,623
13,173

(193)
(125)
(318)
2,088
11,980(2) Consolidated quarterly statements of income
and consolidated quarterly statements of comprehensive income
Consolidated quarterly statements of income(Millions of yen)
Third quarter of FY03/2012 Third quarter of FY03/2013(Apr.1,2011-Dec.31,2011) (Apr.1,2012-Dec.31,2012)
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income (loss)

13,341
9,415
3,926
4,006(79)

11,9908,656
3,334
4,174(840)

Non-operating income
Interest income
Rent income
Foreign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Other
Total non-operating expenses
Ordinary income (loss)

018―
5473

019204081394079(86)

362461(819)

Extraordinary Income
Gain on sales of noncurrent assets
Gain on abolishment of retirement benefit plan
Other
Total extraordinary Income

0283
0284――――

Extraordinary loss
Loss on retirement of noncurrent assets
Impairment loss
Loss on valuation of stocks of subsidiaries and affiliates
Business structure improvement expenses
OtherTotal extraordinary losses
Income (loss) before income taxes
Income taxes-current
Income taxes-deferred
Total income taxes
Income (loss) before minolity interests
Net income (loss)

741―
11
162
135
32
133102
102

10603
42―
―
656
(1,476)42
043(1,519)(1,519)5

Consolidated quarterly statements of comprehensive income(Millions of yen)
Third quarter of FY03/2012 Third quarter of FY03/2013(Apr.1,2011-Dec.31,2011) (Apr.1,2012-Dec.31,2012)
Income(loss) before minority interests
Other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Other comprehensive income
Comprehensive income
Comprehensive income attributable to owners of the parent
Comprehensive income attributable to minority interests

6102(1,519)

(11)
(8)
(19)
82

(20)
5(15)
(1,534)82(1,534)――

(3) Going Concern Assumption
No reportable information.
(4) Segment Information[Segment Information]
Ⅰ Third Quarter of FY03/2012 (Apr. 1, 2011 – Dec. 31, 2011)
1. Information related to net sales and profit or loss for each reportable segment

Housing &Environmental
Equipment

Tabletop

ElectroCeramics

Other(Note 1)(Millions of yen, rounded down)Amounts
shown onquarterly
Segment
Adjustment
consolidated
total(Note2)statements ofincome

Net sales(1)Sales to Outside
7,899
3,832
1,562
47
13,341
13,341
Customers(2)Intersegment sales
or Transfers
Total
7,899
3,832
1,562
47
13,341
13,341
Segment profit (loss)(Operating income (loss))445
142(221)(15)350(429)(79)
Notes: 1. The “Other” category indicated businesses not included in reporting segments, including sales of other products.
2. Segment income adjustment of 429 million yen consists of expenses, such as general administrative expenses, andresearch and development costs that do not belong to the reportable segments.
2. Information regarding impairment loss on fixed assets and goodwill by reportable segment
During the subject nine-month period, impairment loss amounted to 41 million yen in the Electro-Ceramics Division.
Ⅱ Third Quarter of FY03/2013 (Apr. 1, 2012 – Dec. 31, 2012)
1. Information related to net sales and profit or loss for each reportable segment

Housing &Environmental
Equipment

Tabletop

Functional
Ceramics
Product(Note 3)

Other(Note 1)(Millions of yen, rounded down)Amounts
shown onSegment
Adjustment
quarterly
total(Note 2)
consolidated
statements ofincome

Net sales(1)Sales to Outside
7,095
3,623
1,251
20
11,99011,990
Customers(2)Intersegment sales
or Transfers
Total
7,095
3,623
1,251
20
11,99011,990
Segment profit (loss)(Operating income (loss))
(116)
(79)
(179)
5(368)(471)(840)
Notes: 1. The “Other” category indicated businesses not included in reporting segments, including sales of other products.
2. Segment income adjustment of 471 million yen consists of expenses related to Administrative Headquarters andStrategic Planning Headquarters that do not belong to the reportable segments.
3. Effective from the third quarter of fiscal 2013, the name of reporting segment that is Electro-Ceramics has been changed
to Functional Ceramics Product. There is no impact of this change to reportable segment.
2. Information regarding impairment loss on fixed assets and goodwill by reportable segment
During the subject nine-month period, impairment loss amounted to 603 million yen in the Functional Ceramics Product Division.
(5) Significant changes in Shareholder’s Equity
No reportable information.

7

3. Supplementary Information(1) Sales by Segment

Industry Segment(Millions of yen, rounded down)
Third Quarter of FY03/2012(Apr. 1, 2011 – Dec. 31, 2011)

Third Quarter of FY03/2013(Apr. 1, 2012 – Dec. 31, 2012)

FY03/2012(Apr. 1, 2011 - Mar. 31, 2012)

Net Sales

Percent of
Net Sales

Net Sales

Percent of
Net Sales

Net Sales

Percent of
Net Sales

Housing & Environmental
Equipment

7,89959.2%

7,095

59.2%

10,835

59.4%

Tabletop

3,832

28.7

3,623

30.2

5,245

28.8

Functional Ceramics Product

1,562

11.7

1,251

10.4

2,096

11.5

Other47

0.4

200.2

620.3

Total

13,341

100.0

11,990100.0

18,239100.0

Notes:
1. Amounts are converted to sales prices.
2. Amounts do not include consumption taxes.
3. Effective from the third quarter of fiscal 2013, the name of reporting segment that is Electro-Ceramics has been changed toFunctional Ceramics Product. There is no impact of this change to reportable segment.
4. The following table indicates the Company’s overseas sales share by industry segment and percentage figures represent
overseas sales ratio.
(Millions of yen, rounded down)

Industry Segment
Housing & Environmental
Equipment

Third Quarter of FY03/2012(Apr. 1, 2011- Dec 31, 2011)

Third Quarter of FY03/2013(Apr. 1, 2012- Dec. 31, 2012)

FY03/2012(Apr. 1, 2011 - Mar. 31, 2012)

Overseas
Sales

Overseas Sales
Ratio

Overseas
Sales

Overseas Sales
Ratio

Overseas
Sales--%

00.0%-

Overseas Sales
Ratio
-%

Tabletop

1,010

26.4

878

24.2

1,289

24.6

Functional Ceramics
Product438

28.0

359

28.7

620

29.6

Total

1,448

10.9

1,238

10.3

1,910

10.58