Name of listed company:
Company Code:
Representative:
Title
Enquiries:
Title

ISEKI & CO., LTD.
6310
(URL http://www.iseki.co.jp)

Stock Exchange Listing: TokyoName
Noriyuki Kimura
Shunichi Suzuki
NameTelephon +81 3 5604 7709
February 8, 2013
Yes
Yes (For institutional investors, analysts)

President
General Manager of Corporate
Planning Department
Date of Submission of Quarterly Report
Scheduled Date to Commence Dividend Payment
Supplementary information for quarterly financial information
Quarterly financial results briefing

Summary Announcement of Consolidated Financial Results
for the Nine Months Ended December 31, 2012 [Japanese GAAP](Consolidated)
I. Financial Results for the Nine Months Ended December 31, 2012 (April 1, 2012 – December 31, 2012)
A. Results of operations(Rounded down to millions of yen, % indicates changes from the previous period)

Nine Months Ended
December 31, 2012
Net Sales
Operating Income
Ordinary Income
Net Income
Net Income per Share (yen)Non-diluted
Fully Diluted

117,884
5,501
5,468
3,884

Nine Months Ended
December 31, 2011

%
8.1
44.7
59.2
78.1

109,065
3,802
3,434
2,180

16.90
-%(2.7)30.4
57.8
248.69.49-(Note) Comprehensive income:Third Quarter of FY Mar. 2013 ¥3,724 mil. (32.0%)

Third Quarter of FY Mar. 2012 ¥2,820 mil. (541.8%)

B. Financial Position(Rounded down to millions of yen)

Total Assets
Net Assets
Shareholders’ Equity to Total Assets Ratio
Net Assets per Share (yen)December 31, 2012

March 31, 2012

180,683
61,64333.2%
261.37

172,554
58,18932.9%246.77(Ref) Shareholders’ equity:
Third Quarter of FY Mar. 2013 ¥60,050 mil.

FY ended Mar. 2012 ¥56,698 mil.

II. Dividends

Dividend per share (Yen)(Recorded date)
FY ended March 2012
FY ending March 2013

End of 1Q-End of 2Q-

FY ending March 2013 (forecast)End of 3Q-Year-end
1.50

Annual
1.50

-

3.00

3.00

(Note) Revision from the most recently announced dividend forecast : None1III. Forecast for the Fiscal Year Ending March 31, 2013 (April 1, 2012 - March 31, 2013)(Rounded down to millions of yen, % indicates changes from the previous same period)

AnnualNet sales%

Operatingincome%Ordinary
Income%Net
income%Net incomeper share(yen)155,000

6.7

5,500

30.0

5,50041.1

4,100

50.3

17.85(Note) Revision from the most recently announced performance forecast: Yes* NotesA. Change in important subsidiaries during the quarterly consolidated cumulative period (change in specified
subsidiaries which accompanies a change in the range of consolidation): None
B. Adoption of unique accounting method for preparing quarterly financial statements: None
C. Change in accounting policy, change of estimation in accounting and modified restatement
1) Change in accounting policy which accompanies revision of accounting standards : Yes
2) Change in accounting policy other than No.1): None3) Change of estimation in accounting: Yes
4) Modified restatement: None
The above corresponds to Paragraph 5 of Article 10 of “Regulations Concerning the Terminology, Formsand Preparation Method of Quarterly Consolidated Financial Statements”. For details, please refer to page
5 of the attached document, [2.Matters Concerning Summary Information (Notes) (2) Change inaccounting policy/change of estimation in accounting and modified restatement].
D. Outstanding shares (Common shares)
1) Outstanding shares as of the end of the period (Including treasury shares)
Third quarter of FY ending March 31, 2013
229,849,936 shares
FY ended March 31, 2012
229,849,936 shares
2) Outstanding treasury shares as of the end of the period
Third quarter of FY ending March 31, 2013
97,507 shares
FY ended March 31, 2012
89,379 shares
3) Average number of shares during the period (Quarterly cumulative period)
Third quarter of FY ending March 31, 2013
229,757,238 shares
Third quarter of FY ended March 31, 2012
229,771,157 shares* Statement regarding state of implementation of quarterly review procedure
The summary of quarterly financial results is exempted from the requirement of quarterly review procedure
under the Financial Instruments and Exchange Act, and we have completed the review procedure of thequarterly financial statements at the time of disclosure.
* Statement regarding proper use of financial performance forecasts and other notes
The forecast for operating results stated in this document has been produced based on information presently
available and certain assumptions deemed reasonable. It is possible that in future actual results may differ fromthe anticipated figures for a variety of reasons. For assumed conditions of the business performance forecast
and adequate use of the forecast, please refer to page 4 of the attached document, [1.Qualitative Information
regarding quarterly financial results].

2

Content of the attached document

1. Qualitative Information regarding quarterly financial results ······································· 4(1) Qualitative information concerning the status of consolidated financial results ············ 4(2) Qualitative information concerning the shifts in consolidated financial position··········· 5(3) Qualitative information regarding consolidated performance forecast······················· 52. Matters concerning Summary Information (Notes) ·················································· 5(1) Changes in important subsidiaries during the quarterly consolidated cumulative period·· 5(2)Change in accounting policy/change of estimation and modified restatement ············· 53. Consolidated Quarterly Financial Statements ························································· 6(1) Consolidated Quarterly Balance Sheets ·························································· 6(2) Consolidated Quarterly Statements of Income and Consolidated Quarterly Statements ofComprehensive Income ············································································ 8Consolidated Quarterly Statements of Income ·················································· 8Consolidated Quarterly Statements of Comprehensive Income······························· 9(3) Notes regarding the Going Concern Assumption ·············································· 10(4) Segment Information ·············································································· 10(5) Notes in case there is a substantial change in the amount of shareholders’ equity ········ 1031. Qualitative Information regarding quarterly consolidated financial results(1) Qualitative information concerning the status of consolidated financial results
During the third quarter consolidated cumulative period under review, while the Japanese economy
continues to follow a pattern of gradual recovery on the back of restoration demand, etc., it still includes
factors that can become shackles for the economic recovery such as persisting credit insecurity of European
governments, decelerated production activity caused by the territorial issues between Japan, China and Korea,
prolonged strong yen and sluggish stock prices in the county as well as energy issues. Although we witnessedsome emerging sense of halt to excessively strong yen in December, the severe environment persists as awhole.
Under these circumstances, the ISEKI Group has made efforts to secure sales volume through enhanced careof customers in Japan. Also, as a consequence of our efforts to supply products for the continually expanding
Chinese market, consolidated business performance of the ISEKI Group resulted as follows.
In the third quarter consolidated cumulative period under review, sales increased ¥8,818 million from thesame period of the previous year, to ¥117,884 million (up 8.1%). Domestic sales increased ¥8,662 million to¥102,416 million (up 9.2%). Overseas sales increased ¥155 million to ¥15,467 million (up 1.0%). Operating
income increased ¥1,698 million to ¥5,501 million (up 44.7%) mainly due to increased gross income byincreased sales. Ordinary income increased ¥2,033 million to ¥5,468 million (up 59.2%). Quarterly net income
increased ¥1,703 million to ¥3,884 million (up 78.1%).

Financial results by segments are as follows:1) Agriculture related businessIn the domestic market, sales of agricultural machinery, farming implements/parts as well as construction
business of facilities shifted solidly in view of sign of vitalization of the Japanese agriculture as a whole on theback of improved income for farmers due to the firmly established individual household income compensation
system and recovery in the rice price, in spite of the gap by region and business mode of agriculture. Overseas
sales as a whole increased because of injection of new products into North America and increased sales in Asia,
while sales in Europe decreased due to the effect of strong yen.

The trend of sales by product is as follows.
(Domestic)
Sales of cultivating & mowing machinery (tractors, tillers, etc.) were ¥23,144 million (up 5.8% from thesame period of the previous year), and sales of planting machinery (rice transplanters, vegetable transplanters)
were ¥9,303 million (up 6.7%). Sales of harvesting and processing machinery (combine harvesters, etc.) were¥18,999 million (up 6.2%). Sales of spare parts and farming implements were ¥24,555 million (up 4.8%). The
other agriculture related sales (construction of facilities, etc.) were ¥26,310 million (up 21.1%).
(Overseas)
Sales of cultivating & mowing machinery (tractors, etc.) were ¥8,402 million (down 4.1% from the same
period of the previous year), and sales of planting machinery (rice transplanters, etc.) were ¥4,605 million (up5.4%). Sales of harvesting and processing machinery (combine harvesters, etc.) were ¥1,030 million (up10.4%).

Sales of spare parts and farming implements were ¥859 million (up 21.5%). The other agriculture4related sales were ¥569 million (up 4.6%).

As a result, the segment sales remained at ¥117,780 million (up 8.1%).

2) Other businessAs other business, we engage in development/sales/operation of computer software. This segment sales
stood at ¥104 million (up 2.5%).

(2) Qualitative information concerning the shifts in consolidated financial position
As of the end of the third quarter consolidated cumulative period, total assets increased ¥8,129 million fromthe previous fiscal year end to ¥180,683 million. The main change was from a ¥3,807 million increase in cash
and deposits, a ¥5,844 million increase in notes and accounts receivable-trade and a ¥1,365 million decrease ininventory assets. Total liabilities increased ¥4,676 million from the previous fiscal year end to ¥119,040 million,mainly as a result of a ¥2,150 million decrease in notes and accounts payable-trade and a ¥7,453 million
increase in short-term and long-term loans payable. Net assets increased ¥3,453 million from the previous
fiscal year end to ¥61,643 million mainly due to increase in retained earnings by appropriation of quarterly net
income of ¥3,884 million.

(3) Qualitative information regarding consolidated performance forecast
With have made revisions to the business performance forecasts for the fiscal year ending March 31, 2013
announced on November 9, 2012. With respect to the matters concerning revisions of the forecasted figures,
please refer to “Notice on Revision of Business Performance Forecast” announced today (February 8, 2013).

2. Matters concerning Summary Information (Notes)(1) Changes in important subsidiaries during the quarterly consolidated cumulative period
There is no corresponding item.

(2) Change in accounting policy/change of estimation in accounting and modified restatement(Change in the accounting policy that is hard to distinguish from change in estimate in accounting)In accordance with the revision of the Corporate Tax Law, we have changed to the method of depreciation
based on the revised Corporate Tax Law from the first quarter consolidated period under review with respect totangible fixed assets acquired after April 1, 2012. Its effect on the profit and loss is negligible.

53. Consolidated Quarterly Financial Statements(1) Consolidated Quarterly Balance Sheets
FY2012(as at Mar. 31, 2012)
AssetsCurrent Assets:
Cash and deposits
Notes and accounts receivable-trade
Short-term investment securities
Merchandise and finished goods
Work in progress
Raw materials and supplies
Other
Allowance for doubtful accounts
Total Current Assets
Noncurrent Assets:
Property, plant and equipment
Buildings and structures, net
Land
Others, net
Total property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
Other
Allowance for doubtful accounts
Total investment and other assets
Total Noncurrent Assets
Total Assets

6(millions of yen)
FY2013(as at Dec.31, 2012)

7,052
28,70319
38,168
3,295
1,380
4,265
(45)
82,84010,86034,54819
36,949
2,796
1,732
3,410
(66)
90,25014,96550,263
14,612
79,840981

14,95250,366
15,56580,884951

5,159
4,136(403)
8,892
89,714
172,5545,228
3,800(431)8,59690,433
180,683

(millions of yen)
FY2012(as at Mar.31, 2012)

FY2013(as at Dec.31, 2012)

Notes and accounts payable-trade

43,66741,517

Short-term loans payable

17,17428,606

Current portion of bonds

-100

8,147

4,882

Income taxes payable

803

1,081

Provision for bonuses

236

982

9,727

7,616

79,75684,786100-

Long-term loans payable

16,653

15,940

Deferred tax liabilities for land revaluation

6,644

6,644

Provision for retirement benefits

5,485

5,387

Provision for directors' retirement benefits

116

118

Asset retirement obligations

257

256

5,351

5,907

34,60834,254

114,364

119,040

Capital stock

23,344

23,344

Capital surplus

13,454

13,454Retained earnings

7,887

11,427

Treasury stock

(22)

(24)

44,664

48,201

265

77

3

-

11,816

11,816(51)(46)

12,034

11,848

1,490

1,592

Total Net Assets

58,18961,643

Total Liabilities and Net Assets

172,554

180,683

Liabilities
Current Liabilities:

Current portion of long-term loans payable

Other
Total Current Liabilities
Noncurrent Liabilities:
Bonds payable

Other
Total Noncurrent liabilities
Total Liabilities
Net Assets
Shareholders' equity

Total Shareholders’ Equity
Accumulated other comprehensive income
Valuation difference on available-for-salesecurities
Deferred gains or losses on hedges
Revaluation reserve for land
Foreign currency translation adjustments
Total Accumulated Other
Comprehensive Income
Minority interests7(2) Consolidated Quarterly Statements of Income and Consolidated Quarterly Statements of Comprehensive Income
Consolidated Quarterly Statements of Income
Third Quarter Consolidated Cumulative Period(millions of yen)
FY2012(Apr.1,2011-Dec.31, 2011)

FY2013(Apr.1,2012-Dec.31, 2012)

Net sales

109,065

117,884

Cost of sales

74,24180,687Gross profit

34,82337,197

Selling, general and administrative expenses

31,021

31,695

Operating income

3,802

5,501

Interest income

121

114

Dividend income

162

133-

151

Other

608

480

Total non-operating income

891

879

Interest expenses

599

546

Foreign exchange losses

264

-

Other

394

365

1,259

911

3,434

5,468

Gain on sales of noncurrent assets

28

10Compensation income

-

182

Other

11

Total extraordinary income

30

194

Loss on sales and retirement of noncurrent assets

93

111

Retirement benefit expenses

252-

Loss on disaster

590

Cost of measures for product recall

2436

Other

11377

240

Income before income taxes

3,087

5,421

Income taxes-current

1,012

1,435

Past year corporate and other taxes

257-

Income taxes-deferred(363)74

Total income taxes

907

1,510

Income before minority interests

2,179

3,911

Minority interests in income (loss)

(0)

27

2,180

3,884

Non-operating income

Foreign exchange gains

Non-operating expenses

Total non-operating expenses
Ordinary income
Extraordinary income

Extraordinary losses

Total extraordinary losses

Net income8Consolidated Quarterly Statements of Comprehensive Income
Third Quarter Consolidated Cumulative Period(millions of yen)
FY2012(Apr.1,2011-Dec.31, 2011)

FY2013(Apr.1,2012-Dec.31, 2012)

2,179

3,911

(281)

(189)

Deferred gains or losses on hedges

(7)

(3)

Revaluation reserve for land

949

-Foreign currency translation adjustments
Share of other comprehensive income of associates
accounted for using equity method
Total of other comprehensive income(19)4-0640(187)

Comprehensive income

2,820

3,724

(Breakdown)Comprehensive income for parent attributable to owners of theparent
Comprehensive income attributable to minority interests

2,836

3,697

(15)

26

Income before minority interests
Other comprehensive income
Valuation difference on available-for-sale securities

9(3) Notes regarding the Going Concern Assumption
There is no corresponding item.

(4) Segment Information
1. Third quarter consolidated cumulative period of the previous year (April 1, 2011 – December 31, 2011)
Information related to the amount of sales, income or loss by reportable segments

Agriculture
relatedNet sales
Net sales to externalcustomers
Internal sales ortransfer amongsegments
TotalSegment income (loss)

Other(million of yen)
Quarterly
consolidatedincomestatement
posted amount

Adjustment
amountTotal

108,964101

109,065-

109,0650106

106(106)-

108,964
2,183

207
(2)

109,172
2,180(106)-109,065
2,180(Note)
1) Adjustment amount corresponds to elimination of inter-segments transactions.
2) Segment income (loss) has been adjusted with the quarterly net income in the quarterly consolidated statements
of income.

2. Third quarter consolidated cumulative period under review (April 1, 2012 – December 31, 2012)
Information related to the amount of sales, income or loss by reportable segments

Agriculture
relatedNet sales
Net sales to externalcustomers
Internal sales ortransfer amongsegments
Total
Segment income (loss)

Other(million of yen)
Quarterly
consolidated
incomestatement
posted amount

Adjustment
amountTotal

117,780

104

117,884-

117,8840100

100(100)-

117,780
3,882

204
1

117,984
3,884

(100)
-

117,884
3,884(Note)
1) Adjustment amount corresponds to elimination of inter-segments transactions.
2) Segment income (loss) has been adjusted with the quarterly net income in the quarterly consolidated statements
of income.

(5) Note in case there is a substantial change in the amount of shareholders’ equity
There is no corresponding item.

10