Consolidated Quarterly Financial Results
for the Three Months Ended June 30, 2016
[Japanese GAAP]
August 5, 2016
Company name: NIPPON HUME CORPORATION
Stock exchange listing: Tokyo Stock Exchange
Securities code: 5262
URL: http://www.nipponhume.co.jp
Representative: Minoru Okawauchi, President and Representative Director
Contact: Takamasa Ishii, Executive Officer and General Manager of Accounting Division
Phone: +81-3-3433-4111
Scheduled date of filing quarterly securities report: August 5, 2016
Scheduled date of commencing dividend payments: ―Preparation of supplementary briefing material on quarterly financial results: No
Holding of quarterly financial results briefing session: No(Amounts of less than one million yen are rounded down.)
1. Consolidated Financial Results for the Three Months Ended June 30, 2016 (April 1, 2016 to June 30, 2016)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Profit attributable toTurnoverOperating income
Ordinary income
owners of parent
company
Million yen%

Million yen%

Million yen%

Three months ended
7,686
(8.7)
219 (58.2)
346 (51.3)
June 30, 2016
Three months ended
8,415
8.5
525
8.7
711 (19.3)
June 30, 2015
(Note) Comprehensive income: Three months ended June 30, 2016: ¥186 million [(71.9)%]
Three months ended June 30, 2015: ¥665 million [(27.7)%]

Three months ended
June 30, 2016
Three months ended
June 30, 2015

Earnings per share

Diluted earnings per
share

Yen

Yen

8.88

―

20.04

―

(2) Consolidated Financial Position
Total assets
Million yen

Net assets

Equity ratio

Million yen%

As of June 30, 2016
43,70827,840
As of March 31,
43,85728,0732016(Reference) Equity: As of June 30, 2016: ¥27,649 million
As of March 31, 2016: ¥27,884 million

63.3
63.6

Million yen%

226(56.7)

521(32.2)

2. Dividends
Annual dividends
3rdYear-endquarter-end

1stquarter-end

2ndquarter-end

Yen

Yen

Yen

Yen

Yen

―
―

―

―

16.00

16.00

―

―

16.00

16.00

Fiscal year ended March 31, 2016
Fiscal year ending March 31, 2017
Fiscal year ending March 31, 2017
(Forecast)

Total(Note) Revision to the dividend forecast announced most recently: No
3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2017 (April 1, 2016 to March 31,
2017)(% indicates changes from the previous corresponding period.)
Profit attributable
Earnings
TurnoverOperating income Ordinary income
to owners ofper share
parent company
Million yen%

Million yen%

Million yen%

17,0000.7
800 (24.3)
1,200 (21.8)
First half
40,000 18.5
2,300 21.4
2,700 16.1
Full year(Note) Revision to the financial results forecast announced most recently: No

Million yen

%

Yen

800
2,000

(29.6)
11.0

31.44
78.59

* Notes(1) Changes in significant subsidiaries during the period under review (changes in specified subsidiaries resulting inchanges in scope of consolidation): No
Newly included: ― (Company name)
Excluded: ― (Company name)(2) Application of accounting procedures specific to preparation of consolidated quarterly financial statements: No(3) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards, etc.: Yes
2) Changes in accounting policies other than 1) above: No
3) Changes in accounting estimates: No4) Retrospective restatement: No(Note) For details, please refer to “2. Matters Concerning Summary Information (Notes) (3) Changes in
Accounting Policies, Changes in Accounting Estimates and Retrospective Restatement” on page 4 of theattachment.
(4) Total number of issued shares (common stock)1) Total number of issued shares at the end of the period (including treasury shares)
As of June 30, 2016: 29,347,500 shares
As of March 31, 2016: 29,347,500 shares2) Total number of treasury shares at the end of the period
As of June 30, 2016: 3,898,990 shares
As of March 31, 2016: 3,898,940 shares
3) Average number of shares during the period
Three months ended June 30, 2016: 25,448,510 shares
Three months ended June 30, 2015: 26,049,353 shares

* Presentation regarding the implementation status of the quarterly review procedures
These quarterly financial results are outside the scope of quarterly review procedures under the Financial
Instruments and Exchange Act. At the time of disclosure of these quarterly financial results, review procedures forthe consolidated quarterly financial statements have been completed.
* Explanation of the proper use of financial results forecast and other notes
The financial results forecast and other forward-looking statements contained in these materials are based on
information available to the Company and on certain assumptions deemed to be reasonable as of the date of
publication of this document. They are not intended as a commitment by the Company that these results will beachieved. Actual results may differ considerably as a result of numerous factors. For the assumptions used in thefinancial results forecast and precautionary notes on its use, please refer to “1. Qualitative Information on Quarterly
Financial Results for the Period under Review (3) Explanation of Consolidated Financial Results Forecast and Other
Forward-looking Information” on page 3 of the attachment.

NIPPON HUME CORPORATION (5262), Consolidated Quarterly Financial Results for the Three Months Ended June 30, 2016

Table of Contents
1. Qualitative Information on Quarterly Financial Results for the Period under Review .................................. 2(1) Explanation of Operating Results .............................................................................................................. 2(2) Explanation of Financial Position .............................................................................................................. 3(3) Explanation of Consolidated Financial Results Forecast and Other Forward-looking Information .......... 3
2. Matters Concerning Summary Information (Notes) ....................................................................................... 4(1) Changes in Significant Subsidiaries during the Period under Review ....................................................... 4(2) Application of Accounting Procedures Specific to Preparation of Consolidated Quarterly Financial
Statements .................................................................................................................................................. 4(3) Changes in Accounting Policies, Changes in Accounting Estimates and Retrospective Restatement ...... 4
3. Consolidated Quarterly Financial Statements ................................................................................................ 5(1) Consolidated Quarterly Balance Sheets ..................................................................................................... 5(2) Consolidated Quarterly Statements of Income and Comprehensive Income ............................................. 7
Consolidated Quarterly Statements of Income ........................................................................................... 7
Consolidated Quarterly Statements of Comprehensive Income ................................................................. 8(3) Notes to the Consolidated Quarterly Financial Statements ........................................................................ 9(Notes on going concern assumption) ........................................................................................................ 9(Notes in the case of significant changes in shareholders’ equity) ............................................................. 9(Segment information) ............................................................................................................................... 91

NIPPON HUME CORPORATION (5262), Consolidated Quarterly Financial Results for the Three Months Ended June 30, 2016

1. Qualitative Information on Quarterly Financial Results for the Period under Review(1) Explanation of Operating Results
The Japanese economy continued on a moderate recovery track during the three months ended June 30,
2016, amid an improving trend in employment and other areas. The outlook remained uncertain, however, due
to risk factors including a downswing in China and other emerging nations.
Under these circumstances, the Group is working diligently toward stable profits and sustainable growth inline with the basic policy of the medium-term management plan, “Evolution All Japan,” that covers the three
years from fiscal 2015.
In the concrete products industry where the Company operates, demand for both Hume pipes and pile
products weakened compared to the same period of the previous fiscal year.
Orders received for products and construction, etc. for the three months ended June 30, 2016, were ¥6,808
million (a year-on-year decline of 11.3%). Turnover including revenue from products, construction and realestate amounted to ¥7,686 million (down 8.7% year on year).
Looking at profit and loss, operating income was ¥219 million (a year-on-year decline of 58.2%). Ordinary
income was ¥346 million (a year-on-year drop of 51.3%), mainly due to the effect of exchange rates. Profit
attributable to owners of parent company was ¥226 million (a year-on-year decrease of 56.7%).
Segment results are indicated as follows.
As stated in “(3) Notes to the Consolidated Quarterly Financial Statements (Segment information) 3.
Matters concerning changes in reportable segments, etc.,” the Group has changed the method of measuringincome (loss) of business segments effective from the three months ended June 30, 2016.
For the comparison of segment income, figures presented for the three months ended June 30, 2016, and forthe three months ended June 30, 2015, are based on the measurement method after the change.
1) Concrete Products
Orders received were ¥3,906 million (down 21.1% year on year). Turnover was ¥4,070 million (down
23.9% year on year), mainly due to a decline in Hume pipes and precast products that offset a slight increase insales of mainstay pile products. Segment income was ¥69 million (down 69.2% year on year), due to a decreasein turnover.
The total sales composition ratio was 53.0%.
2) Construction
Orders received were ¥2,845 million (up 6.0% year on year) and turnover was ¥3,222 million (up 20.7%
year on year). Segment income amounted to ¥32 million (down 78.7% year on year), mainly due to an increasein cost of sales.
The total sales composition ratio was 41.9%.
3) Real Estate Development
Turnover was ¥234 million (down 4.2% year on year), due to a decrease in rental real estate income.
Segment income amounted to ¥73 million (down 29.2% year on year), due mainly to renewal construction
conducted for a real estate property for rent.
The total sales composition ratio was 3.0%.
4) Others
Orders received were ¥56 million (up 34.5% year on year) and turnover was ¥159 million (rising 6.0% year
on year). Segment income amounted to ¥43 million (down 0.3% year on year).
The total sales composition ratio was 2.1%.

2

NIPPON HUME CORPORATION (5262), Consolidated Quarterly Financial Results for the Three Months Ended June 30, 2016

(2) Explanation of Financial Position
Total assets as of June 30, 2016, fell by ¥148 million from the end of the previous fiscal year to ¥43,708
million. This was due to factors in current assets including a decrease of ¥693 million in notes and accounts
receivable - trade, offsetting an increase of ¥574 million in cash and deposits.
In addition, liabilities increased ¥84 million from the end of the previous fiscal year to ¥15,867 million. Thiswas due to factors in current liabilities including increases of ¥201 million in notes and accounts payable - tradeand ¥206 million in accrued expenses, etc., included in other, offsetting declines of ¥187 million in provision
for bonuses and ¥113 million in income taxes payable.
Net assets decreased by ¥232 million from the end of the previous fiscal year to ¥27,840 million. This wasdue to factors in retained earnings including a decrease of ¥419 million for cash dividend payments, offsetting
an increase of ¥226 million in profit attributable to owners of parent company.
(3) Explanation of Consolidated Financial Results Forecast and Other Forward-looking Information
With regard to the results forecast for the fiscal year ending March 31, 2017, there has been no change to thefirst-half and full-year results forecasts published in the “Consolidated Financial Results for the Fiscal Year
Ended March 31, 2016 [Japanese-GAAP]” dated May 13, 2016.

3

NIPPON HUME CORPORATION (5262), Consolidated Quarterly Financial Results for the Three Months Ended June 30, 2016

2. Matters Concerning Summary Information (Notes)(1) Changes in Significant Subsidiaries during the Period under Review
No relevant items.
(2) Application of Accounting Procedures Specific to Preparation of Consolidated Quarterly Financial
Statements
No relevant items.
(3) Changes in Accounting Policies, Changes in Accounting Estimates and Retrospective Restatement(Changes in accounting policies)
Following a revision of the Corporation Tax Act, the Company has applied the “Practical Solution on a
Change in Depreciation Method due to Tax Reform 2016” (ASBJ Practical Issues Task Force No. 32, June 17,2016) for the first quarter of the fiscal year ending March 31, 2017. Accordingly, the depreciation method forfacilities attached to buildings and structures acquired on and after April 1, 2016, was changed from thedeclining-balance method to the straight-line method.
This change has no effect on the consolidated quarterly financial statements for the three months ended June30, 2016.

4

NIPPON HUME CORPORATION (5262), Consolidated Quarterly Financial Results for the Three Months Ended June 30, 2016

3. Consolidated Quarterly Financial Statements(1) Consolidated Quarterly Balance Sheets(Thousand yen)
As of March 31, 2016
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Merchandise and finished goods
Raw materials and supplies
Other
Provision for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Land
Other, net
Total property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
Other
Provision for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets
Liabilities
Current liabilities
Notes and accounts payable - trade
Short-term loans
Income taxes payable
Provision for bonuses
Provision for environmental measures
Other
Total current liabilities
Non-current liabilities
Provision for directors’ retirement benefits
Provision for environmental measures
Net defined benefit liability
Other
Total non-current liabilities
Total liabilities

5

As of June 30, 2016

8,343,375
11,807,820
1,579,806
411,776
421,259(13,903)
22,550,135

8,917,506
11,114,032
1,708,786
446,263
228,668(12,813)
22,402,443

3,098,782
3,697,405
2,363,401
9,159,590
141,008

3,048,392
3,690,434
2,501,831
9,240,658
138,633

11,759,521
527,183(280,165)
12,006,540
21,307,138
43,857,273

11,681,668
524,785(279,764)
11,926,690
21,305,981
43,708,425

9,612,889
1,214,430
181,150
187,230
1,334
996,282
12,193,318

9,814,146
1,180,806
67,435――
1,293,535
12,355,923

36,017
21,584
2,547,786
984,8223,590,210
15,783,528

36,017
21,584
2,536,820
917,319
3,511,741
15,867,665

NIPPON HUME CORPORATION (5262), Consolidated Quarterly Financial Results for the Three Months Ended June 30, 2016

(Thousand yen)
As of March 31, 2016
Net assets
Shareholders’ equity
Share capital
Share premium
Retained earnings
Treasury shares
Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Difference in foreign exchange
Remeasurements of defined benefit
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets

6

As of June 30, 2016

5,251,400
4,736,508
19,309,786(1,317,293)
27,980,401

5,251,400
4,736,508
19,115,968(1,317,320)
27,786,556

241,061
77,730(415,129)(96,337)
189,681
28,073,745
43,857,273

118,398
147,644(402,966)(136,923)
191,127
27,840,759
43,708,425

NIPPON HUME CORPORATION (5262), Consolidated Quarterly Financial Results for the Three Months Ended June 30, 2016

(2) Consolidated Quarterly Statements of Income and Comprehensive Income
Consolidated Quarterly Statements of Income
Three Months Ended June 30(Thousand yen)
For the three months ended
June 30, 2015

For the three months ended
June 30, 2016

8,415,508
6,915,959
1,499,549
973,653
525,895

7,686,692
6,484,734
1,201,958
982,368
219,590150
40,265
160,660
46,766
247,84176
46,270141,197
47,541
235,086

8,781
39,83913,30561,926
711,811

5,451
96,814
5,755
108,020
346,656

56,17956,179

―
―

2,236
2,236
765,753
146,465
96,658243,124522,629700
521,92800346,656
66,622
52,586
119,208
227,447
1,445
226,002

TurnoverCost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividend income
Share of income of associates
Other
Total non-operating income
Non-operating expenses
Interest expenses
Foreign exchange losses
Other
Total non-operating expenses
Ordinary income
Extraordinary income
State subsidy
Total extraordinary income
Extraordinary losses
Loss on disposal of fixed assets
Total extraordinary losses
Profit before income taxes and minority interests
Income taxes - current
Income taxes - deferred
Total income taxes
Profit after income taxes
Profit attributable to non-controlling interests
Profit attributable to owners of parent company

7

NIPPON HUME CORPORATION (5262), Consolidated Quarterly Financial Results for the Three Months Ended June 30, 2016

Consolidated Quarterly Statements of Comprehensive Income
Three Months Ended June 30(Thousand yen)
For the three months ended
June 30, 2015

For the three months ended
June 30, 2016

522,629

227,447

133,964
737
4,761
3,695
143,159
665,788(94,858)
69,915
14,080(29,722)(40,585)
186,862

665,087

185,416

700

1,445

Profit after income taxes
Other comprehensive income
Valuation difference on available-for-sale securities
Difference in foreign exchange
Remeasurements of defined benefit
Share of other comprehensive income of associates
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
company
Comprehensive income attributable to non-controllinginterests

8

NIPPON HUME CORPORATION (5262), Consolidated Quarterly Financial Results for the Three Months Ended June 30, 2016(3) Notes to the Consolidated Quarterly Financial Statements(Notes on going concern assumption)
No relevant items.
(Notes in the case of significant changes in shareholders’ equity)
No relevant items.

(Segment information)
I. For the three months ended June 30, 2015 (April 1, 2015 to June 30, 2015)
1. Information on turnover and income (loss) by reportable segment(Thousand yen)
Reportable segment

TurnoverTurnover toexternal customers
Inter-segment
turnover ortransfers
Total
Segment income

Others(Note 1)

Total

Amountrecorded ontheConsolidated
Adjustments
QuarterlyStatements ofIncome(Note 2)Concrete
Products

Construction

Real Estate
Development

5,350,290

2,670,181

244,183

8,264,654

150,853

8,415,508―

8,415,508

1,919

―

6,925

8,844

198

9,042

(9,042)―

5,352,209
226,716

2,670,181
150,917

251,108
104,325

8,273,499
481,959

151,051
43,936

8,424,551
525,895(9,042)―

8,415,508
525,895

Total(Notes) 1. The “Others” segment includes businesses not included in reportable segments, such as the environmental
equipment sales business, the sport facility management business, the rental business, and the solar power
generation business.
2. Total segment income corresponds to operating income on the Consolidated Quarterly Statements of Income.

2. Information concerning impairment loss on non-current assets, goodwill, etc. by reportable segment
No relevant items.

9

NIPPON HUME CORPORATION (5262), Consolidated Quarterly Financial Results for the Three Months Ended June 30, 2016

II. For the three months ended June 30, 2016 (April 1, 2016 to June 30, 2016)
1. Information on turnover and income (loss) by reportable segment(Thousand yen)
Reportable segment

TurnoverTurnover toexternal customers
Inter-segment
turnover ortransfers
Total
Segment income

Others(Note 1)

Total

Amountrecorded ontheConsolidated
Adjustments
QuarterlyStatements ofIncome(Note 2)Concrete
Products

Construction

Real Estate
Development

4,070,067

3,222,645

234,0027,526,714

159,977

7,686,692―

7,686,692

3,047

―

10,475

13,522

98

13,620(13,620)―

4,073,115
69,837

3,222,645
32,118244,477
73,816

7,540,237
175,772

160,075
43,8177,700,313
219,590(13,620)―

7,686,692
219,590

Total(Notes) 1. The “Others” segment includes businesses not included in reportable segments, such as the environmental
equipment sales business, the sport facility management business, the rental business, and the solar power
generation business.
2. Total segment income corresponds to operating income on the Consolidated Quarterly Statements of Income.

2. Information concerning impairment loss on non-current assets, goodwill, etc. by reportable segment
No relevant items.

3. Matters concerning changes in reportable segments, etc.
(Changes in the method of measuring income (loss) of business segments)
Effective from the three months ended June 30, 2016, the method of proportionally allocating selling,
general and administrative expenses has been changed in order to evaluate business performance of eachsegment more appropriately.
The segment information for the three months ended June 30, 2015, has been prepared and disclosed basedon the method after the change.

10