Summary of Business Results for the First Quarter Ended December 31, 2018
[Japan GAAP] (Consolidated)
February 13, 2019
Company
CANDEAL Co., Ltd.
Listed on the TSE
Stock Code1446
URL https://www.candeal.co.jp/
Representative
Akio Hayashi, President and Executive Director
Contact
Izumi Fujiwara, Director, General Manager of Administration Dept. T E L: +81-3-6862-1701
Expected date of filing of quarterly report: February 13, 2019
Expected starting date of dividend payment: Preparation of quarterly supplementary financial document: Yes
Quarterly results briefing: Yes (for institutional investors)（Rounded down to million yen）

１. Consolidated business results for the three months ended December 2018
(October 1, 2018 through December 31, 2018)(1) Consolidated results of operations(% change from the previous corresponding period)

Net sales

Operating income

Net income attributable toowners of parent

Ordinary income

Million yen% Million yen% Million yen% Million yen%125
Three months ended Dec. 2018
12260
3,314
Three months ended Dec. 2017
(Note) Comprehensive income
Three months ended December 2018: 60 million yen (-%)
Three months ended December 2017: - million yen (-%)
Net income
Diluted net income perper shareshareYen
Yen
11.97
11.64
Three months ended Dec. 2018
Three months ended Dec. 2017
(Note) As the Company did not prepare quarterly consolidated financial statements for the first quarter of the fiscal year ending September
30, 2018, figures for the first quarter of the fiscal year ending September 30, 2018 and year-on-year changes are not presented.

(2) Consolidated financial position
Total assets
Million yen
6,843
6,742

As of Dec. 2018
As of Sept. 2018

Shareholders’ equity
ratioNet assets
Million yen
2,920
2,856%
42.542.1(Reference) Shareholders’ equity
As of December 2018: 2,906 million yen
As of September 2018: 2,841 million yen

2. Dividends
End of 1Q

0.00

Annual dividend
End of 3Q
Yen
-

5.00

-

End of 2Q
Yen

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

Yen-

Year-endTotal
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. 2018(% change from the previous corresponding period)

Operating income

Ordinary income

Net income
attributable to ownersof parent

Net income
per share

Million yen%

Million yen%

Million yen%

Million yen%

Yen

13,500

10.3

485

20.1

440

27.5

218

27.2

43.29

(Note) Revisions to business forecast for the current quarter: None－ 1 －*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 December 2018
5,036,400 shares
As of September 2018
5,028,200 shares②Treasury stock at the end of period
As of December 2018
- shares
As of September 2018
- shares③Average number of stock during period (quarterly cumulative period)
Three months ended December 2018
5,032,915 shares
Three months ended December 2017
- shares(Note) As the Company did not prepare quarterly consolidated financial statements for the first quarter of the fiscal year ending
September 30, 2018, average number of stock during period for the first quarter of the fiscal year ending September 30, 2018 is notpresented.

*Quarterly financial summary is not subject to auditing procedure 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 Companyand 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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