Summary of Business Results for the Second Quarter Ended March 31, 2019
[Japan GAAP] (Consolidated)
May 15, 2019
Company
Stock Code
RepresentativeContact

CANDEAL Co., Ltd.
Listed on the TSE1446
URL https://www.candeal.co.jp/
Akio Hayashi, President and Executive Director
Izumi Fujiwara, Director, General Manager of Administration
T E L: +81-3-6862-1701
Dept.
Expected date of filing of quarterly report: May 15, 2019
Expected starting date of dividend payment: June 17, 2019
Preparation of quarterly supplementary financial document: Yes
Quarterly results briefing: Yes (for institutional investors and analysts)（Rounded down to million yen）

１. Consolidated business results for the six months ended March 2019
(October 1, 2018 through March 31, 2019)(1) Consolidated results of operations(% change from the previous corresponding period)
Net sales

Six months ended Mar. 2019
Six months ended Mar. 2018
(Note) Comprehensive income

Operating income

Million yen
6,827
6,334%
7.8－

Million yen
353
278

Net income attributableowners of parent

Ordinary income%
26.9－

Million yen
353
248%
42.3－

Million yen
197
155%
26.3－

Six months ended March 2019: 197 million yen (26.6%)
Six months ended March 2018: 155 million yen (-%)
Net income
Diluted net income perper shareshareYenYen
38.93
37.57
Six months ended Mar. 201932.49
－Six months ended Mar. 2018
(Note) 1. As the Company did not prepare quarterly consolidated financial statements for the second quarter of the fiscal year ended
September 30, 2017, year-on-year changes for the second quarter of the fiscal year ended September 30, 2018 are not presented.
2. Diluted net income per share for the second quarter of the fiscal year ended September 30, 2018 is not disclosed because
the average share price during the period cannot be determined due to the Company's stock being unlisted, despite theexistence of outstanding stock acquisition rights.

(2) Consolidated financial position
Total assets
As of Mar. 2019
As of Sept. 2018
(Reference) Shareholders’ equity:
As of March 2019: 3,108 million yen
As of September 2018: 2,841 million yen

Shareholders’ equity
ratio

Net assets

Million yen
7,404
6,742

Million yen
3,119
2,856%
42.0
42.1

2. Dividends
End of 1Q

End of 2Q
Yen

Year ended Sept. 2018Year ending Sept. 2019Year ending Sept. 2019 (forecast)

Yen-

0.00
5.00

Annual dividend
End of 3Q
Yen-

Year-end

Total
Yen-

Yen

0.00

0.00

5.00

10.00

(Note) Revisions to dividend forecast for the current quarter: None

3．Forecast of consolidated business results for the fiscal year ending September 2019
(October 1, 2018 through September 30, 2019)
Net salesYear ending Sept. 2019

Million yen
13,500(% change from the previous corresponding period)

Operating income%10.3

Million yen
485%
20.1

(Note) Revisions to business forecast for the current quarter: None－ 1 －Ordinary income
Million yen
440%
27.5

Net income
attributable toowners of parent
Million yen%
218
27.2

Net income
per shareYen
43.29

*Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes
in the scope of consolidation): None
(2) Application of accounting procedures specific to preparation of the quarterly financial statements: None
(3) Changes in accounting policies, accounting estimates and restatement①Changes in accounting policies associated with revision of accounting standards:②Changes in accounting policies other than ①③Changes in accounting estimates④Restatement: None: None: None: None

(4) Shares outstanding (common stock)①Number of shares outstanding at the end of period (treasury stock included)
As of March 2019
5,145,900 shares
As of September 2018
5,028,200 shares②Treasury stock at the end of period
As of March 2019- shares
As of September 2018
- shares③Average number of stock during period (quarterly cumulative period)
Six months ended March 2019
5,062,501 shares
Six months ended March 2018
4,800,200 shares*Quarterly financial summary is not subject to auditing 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. The company
does not make promises about the achievements. Actual results may differ significantly from the forecasts due tovarious factors.

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