Consolidated business results
Financial Results for the year ended March 31,2014

May 9, 2014

ROUND ONE corporation

TSE First section

Code No.4680
URL http://www.round1.co.jp
C.E.O. and President
Masahiko Sugino
Tel : +72-224-5115
Managing Director and General Manager of Administrative Division Shinji Sasae
Date of Regular General Shareholder's Meeting : June 28, 2014.
Dividend will be paid on after June 30, 2014
Date of presentation expected date of securities report : June 30, 2014.
1. Business Results for the year ended in March 2014. ( April 1, 2013 to March 31, 2014 )(1) Operating Results( Figures are rounded down to the nearest million yen.)

Sales

Operating Income\mn(Note)

Comprehensive income\mn％

84,27285,903

FY2013 (2014/3)
FY2012 (2013/3)

(1.9)
(4.1)

\mn％

10,088
11,565FY2013 : \(18,787)mn -%Ordinary Income
7,818
8,217

(12.8)(27.9)

Return on
Equity\(206.56)
6.31

FY2013 (2014/3)
FY2012 (2013/3)(Note)-

Investment gains and losses by the equity method

\mn％

(4.9)
(28.4)(19,681)601％(78.4)FY2012 : \738mn (73.2)%

Net Income per share,fully diluted

Earnings per ShareNet Income

Operating Income to

Return on Assets

sales ratio％％％(28.9)
0.8

4.7
3.8

12.0
13.5

FY 2013 : None , FY 2012 : None

(2) Financial Status
Net Assets

Total Assets

Shareholder's Equity Ratio\mn(Note)％\57,53178,714\mn

45.3
38.2

603.84826.11

Cash flow by
investing activities

Cash flow byfinancing activities

at the end of quarter

127,138
206,217

FY2013 (2014/3)
FY2012 (2013/3)
Shareholder's equity

Shareholder's Equity
Per Share

FY2013 : \57,531mn , FY2012 : \78,714mn(3) Cash Flow
Cash flow by
operating activities\mn\mn20,456
26,418FY2013 (2014/3)
FY2012 (2013/3)

Cash and cash equivalents\mn

46,611
4,371\mn(66,200)(34,564)

25,172
24,274

2.Dividend Payment
Annual dividend per share
1Q\FY2014(2015/3)(estimate)Term\10.00
10.00
10.00

-FY2012 (2013/3)
FY2013 (2014/3)

3Q

2Q\-Total amount ofdividend

Dividend payout
ratio

Ratio of dividends paid
to shareholder's equity(annual)(Consolidated)(Consolidated)

Annual\\10.00
10.00
10.0020.00
20.00
20.00

\mn

1,905
1,905％％

317.0

2.4
2.8

38.1

3.Forecasts for the FY2014. ( April 1, 2014 to March 31, 2015 )Sales (Consolidate)\mn

Ordinary Income(Consolidate)

Operating Income(Consolidate)\mn％\41,800(0.2)

4,600(6.3)

4,000

10.7

2,400-

25.19

FY2014(2015/3)

85,500

1.5

10,000(0.9)

9,000

15.1

5,000-

52.48％-1-％\mn

Earnings per share(Consolidate)

1'st half％\mn

Net Income(Consolidate)

4.Others(1) The change of the important subsidiary in FY2013. (Change in consolidation scope in subsidiary.)None(2) Change in accounting method, accounting principle, how to disclose, and others to make the consolidated financial statements.
① Change in accounting standard : None
② Without above ① : None
③ Change in accounting estimate : None
④ Retrospective restatement : None
(3) Number of shares outstanding during the term (Common stock)95,452,914 FY2012
95,452,914① Number of shares issued at the term end. ( Include treasury stock)
FY2013
175,416 FY2012
170,071② Number of treasury stock at the term end.
FY201395,280,649 FY2012
95,284,037③ Number of average stock.
FY2013(Reference)Non-consolidate business results

1. Business Results for the year ended in March 2014. ( April 1, 2013 to March 31, 2014 )(1) Operating Results( Figures are rounded down to the nearest million yen.)

Sales

Operating Income\mnFY2013 (2014/3)
FY2012 (2013/3)\mn％

82,99885,193

(2.6)
(4.3)

4,181
4,585

Ordinary Income

\mn％

(8.8)
(46.4)

7,831
8,262

Net Income

\mn％

(5.2)
(27.9)(19,667)646％(76.7)Net Income per share,fully diluted

Earnings per Share\(206.42)
6.79

FY2013 (2014/3)
FY2012 (2013/3)-(2) Financial Status
Total Assets

Net Assets

Shareholder's Equity Ratio\mn(Note)

Shareholder's equity\mn

117,731
164,938

FY2013 (2014/3)
FY2012 (2013/3)

57,46978,748

Shareholder's Equity
Per Share％

\48.8
47.7

603.18826.47FY2013(2014/3) : \57,469mn , FY2012(2013/3) : \78,748mn

2.Forecasts for the FY2014. ( April 1, 2014 to March 31, 2015 )Sales\mn

1'st half
FY2014(2015/3)※41,100
83,500Ordinary Income％(0.5)
0.6\mn

4,000
9,000

Earnings per share

Net Income％

9.8
14.9\mn

2,400
5,000％-\25.19
52.48

Explanation about the appropriate usage of business prospects and other special notes.
・ The above-mentioned business forecasts were based on the information available as of the date of the release of this report.
・ Future events may cause the actual results to be significantly different from the forecasts.

-2-

Consolidated Balance sheets - 1(million of yen)
End of Previous Term

End of Current Term(as of March 31, 2013)(as of March 31, 2014)

AmountAmountTerm

Item( Assets )1.Current assets
Cash and deposit
Cash and deposit (non-exempt properties)
Accounts receivable
Merchandise
Supplies
OthersOthers (non-exempt properties)
Current assets total

24,274
1,050
605
209
976
4,102
39
31,25725,172
648
358
763
4,097
31,040121,174(38,595)
82,5797,373(2,219)5,154
2,271(1,722)
548
3,731(3,615)
115
46,312
4,053
40,085(20,168)
19,916
7,471(6,085)
1,386
160,065
177

76,120(32,067)
44,053
2,693(1,902)791
3,504(3,426)78
10,08834,710(17,799)
16,911
7,536(6,538)997
72,919
143

157
4,606
9,331
126
495
14,717
174,960
206,21771
11,42811,083450
23,03396,097
127,138

2.Fixed assets
Tangible fixed assets
Buildings and structures
Accumulated depreciation
Buildings and structures(Net)
Buildings and structures (non-exempt properties)
Accumulated depreciation
Buildings and structures (non-exempt properties)(Net)
Bowling equipment
Accumulated depreciation
Bowling equipment(Net)
Arcade game machine
Accumulated depreciation
Arcade game machine(Net)Land
Land (non-exempt properties)
Lease asset
Accumulated depreciation
Lease asset(Net)
Others
Accumulated depreciation
Others(Net)
Tangible fixed assets total
Intangible fixed asset
Investments and other assets
Investments in capital
Deferred tax assets
Key money deposited
Key money deposited (non-exempt properties)
OthersInvestments and other assets total
Fixed assets total
Total assets
Note (1) Figures are rounded down to the nearest million yen.
(2) Red letters indicate assets of consolidated subsidiaries.
(silent partnerships relating to special-purpose companies)-3-Consolidated Balance sheets - 2(million of yen)Term

End of Previous Term

End of Current Term(as of March 31, 2013)(as of March 31, 2014)

AmountAmountItem( Liabilities )1.Current liabilities
Account payable
Short-term loans
Bonds to be redeemed within one year
Long-term loans to be repaid within one year
Long-term loans to be repaid within one year
(non-exempt properties)
Lease obligation
Account corporate tax etc.
OthersCurrent liabilities total

196
515
1,063
26,573

257
660
670
7,459

2,996-

10,023746
5,231
47,346

10,069241
5,148
24,506

4,762
50,2504,065
24312,803
6,223
869
937
80,157
127,503

1,445
26,580
264
9,104
6,321
720
663
45,09969,60625,021
25,49629,321(319)
79,51925,021
25,496
7,249(323)
57,443

(921)
115
(805)
78,714
206,217

(138)
226
88
57,531
127,138

Fixed liabilities
Bonds
Long-term loans
Long-term loans (non-exempt properties)
Officer's retirement allowance
Lease obligation
Asset retirement obligations
Key money received
OthersFixed liabilities total
Liabilities total(Net assets)
1.Shareholder's equity
Capital stock
Capital reserve
Profit reserve
Treasury stock
Shareholder's equity total
2.Difference from revaluation andexchange rate changes
Difference for land revaluation
Foreign currency translation adjustments
Accumulated other Comprehensive income
Net assets total
Total liabilities and net assets
Note (1) Figures are rounded down to the nearest million yen.
(2) Red letters indicate liabilities of consolidated subsidiaries.
(silent partnerships relating to special-purpose companies)-4-

Consolidated Profit & Loss Statements(million of yen)Previous Term

Current Term

From April 1, 2012

From April 1, 2013

to March 31, 2013

to March 31, 2014

AmountAmountSales

85,90384,272

Cost of sales

72,57572,549Gross profit

13,328

11,723

1,762

1,634

11,565

10,088

34
132
46
174
388

62
66
42
143
315

Others

3,316
420
3,736

2,351
233
2,585

Ordinary income

8,217

7,818

434
434

2,515
2,515

466
241
6,430
249
7,387

2,241
161
31,656
34,059

1,264
1,154
(491)
663
601
601

(23,725)
246(4,290)(4,044)(19,681)(19,681)601(19,681)137
137

111782894

738(18,787)

738-(18,787)-Selling, general & administrative expenses
Operating income
Non-operating income
Interest and dividend income
Exchange gain
Co-sponsor fee
OthersNon-operating expenses
Interest expense

Extraordinary gain
Gain on sales of property, plant and equipment

Extraordinary loss
Loss on sales of property, plant and equipment
Loss on disposal of property, plant and equipment
Impairment loss
Loss on closing of store

Pretax net income(loss) for the current term
Income taxes - current
Income taxes - differed
Total income taxes
Pre-adjustment minority interest income(loss)

Net income(loss)
Note : Figures are rounded down to the nearest million yen.

Pre-adjustment minority interest income(loss)
Other comprehensive income
Foreign currency translation adjustments
Difference for land revaluation
Total other comprehensive income

Comprehensive income(Detail)Comprehensive income attributable to owner of the parent
Comprehensive income attributable to minority interest-5-

Consolidated Statements of Shareholders Equity
Previous Term (From April 1,2012 to March 31,2013)(million of yen)
Shareholders' equity
Capital stock
Balance as of termbeginning
Change in current term

Capital reserve

25,021

Profit reserve

25,496

Shareholders' equity
totalTreasury stock

30,625(318)

80,825

Dividends of profit reserve(1,905)(1,905)

Net income
Purchase of treasurystockReversal of difference
for land revaluation
Change in current term
without capital stock
items
Change in current term
total
Balance as of term ending

601

601
(1)

--

(1,304)(1)(1,305)25,021

25,49629,321(319)

79,519

Accumulated other Comprehensive income
Total accumulated
Revaluation reserve
Foreign currency
other Comprehensive
for landtranslation adjustment
incomeBalance as of term
beginning
Change in current term
Dividends of profit reserve
Net income
Purchase of treasury
stock
Reversal of difference
for land revaluation
Change in current term
without capital stock
items
Change in current term
total
Balance as of term ending

(1)

(921)

(21)

(943)

Net assets total

79,882(1,905)
601
(1)
-137

137

137

-137

137

(1,168)

(921)

115

(805)

78,714-6-

Consolidated Statements of Shareholders Equity
Current Term (From April 1,2013 to March 31,2014)(million of yen)
Shareholders' equity
Capital stock
Balance as of term
beginning
Change in current term

Capital reserve

25,021

Profit reserve

25,496

Shareholders' equity
totalTreasury stock

29,321(319)

79,519Dividends of profit reserve(1,905)(1,905)

Net income (loss)
Purchase of treasury
stock
Reversal of difference
for land revaluation
Change in current term
without capital stock
items
Change in current term
total
Balance as of term ending(19,681)(19,681)
(4)

(485)

Net income (loss)
Purchase of treasury
stock
Reversal of difference
for land revaluation
Change in current term
without capital stock
items
Change in current term
total
Balance as of term ending

(485)
---

(22,071)(4)(22,076)

25,021

25,496

7,249

(323)

57,443

Accumulated other Comprehensive income
Total accumulated
Difference for land
Foreign currency
other Comprehensive
revaluationtranslation adjustment
incomeBalance as of term
beginning
Change in current term
Dividends of profit reserve

(4)

(921)

115

(805)

Net assets total

78,714(1,905)(19,681)
(4)
(485)

782

111

894

894

782111894(21,182)

(138)

226

88

57,531-7-Consolidated Statements of Cash Flow
Previous Term(million of yen)
Current Term

From April 1, 2012
to March 31, 2013

From April 1, 2013
to March 31, 2014

AmountAmountCash flow from operating activities
Net income(loss) before taxes
Depreciation expenses
impairment loss
Increase in officer's retirement allowanceInterest and dividend received
Interest paid
Fixed assets sales loss(gain)
Fixed assets disposal losses
Decrease(increase) in accounts receivables
Decrease in inventory
Increase(decrease) in account payable
OthersSubtotal
Interest and dividends received
Interest paid
Corporate taxes refund
Corporate taxes paid
Total cash flow from operating activities

1,264
18,960
6,430
20
(34)
3,316
31
241
(46)
240
(16)
(243)
30,1644(3,390)908(1,269)26,418(23,725)
15,92831,656
20
(62)
2,351
(274)
161
(41)
66
60
(902)
25,23935(2,457)
426(2,787)
20,456434(5,241)
10,470(31)(1,684)
398
25
4,371

1,050
(3,752)50,841(2,001)403
70
46,611(722)(11,969)
13,790(2,604)(25,539)(5,613)(1)(1,903)(34,564)
45(3,729)28,00324,274

144(10,877)
15,000(7,061)(57,784)
1,700(5,411)(4)(1,905)(66,200)
30
898
24,27425,172

Cash flow from investing activities
Decrease in cash and deposit (non-exempt properties)
Payment for acquisition of fixed asset investment
Proceeds from sales of fixed asset
Payment for fulfillment of asset retirement obligation
Payment for key money deposit
Proceeds from collection of key money deposit
OthersTotal cash flow from investing activities

Cash flow from financing activities
Increase(decrease) in short-term loan
Payment for lease obligation
Proceeds from long-term loans
Payment for long-term loans (non-exempt properties)
Payment for long-term loans
Proceeds for bond issue
Payment for bond redemption
Payment for acquisition treasury stock
Dividend payments
Total cash flow from financing activities

Effect of exchange rate changes on cash and cash equivalent
Increase(decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of term
Cash and cash equivalents at end of Interim
Note : Figures are rounded down to the nearest million yen.

-8-