Summary of Business Results for the Fiscal Year Ended March 31, 2018
[Japan GAAP] (Non-consolidated)
May 10, 2018
Estore Corporation
Listed on the TSE
4304
URL: http://Estore.co.jp
Kenichi Ishimura, Representative Director
Atsushi Mori, Corporate Officer, General Manager of Administration
C o n t a c t
T E L: +81-3-3595-1106
Dept.
Expected date of annual shareholders’ meeting: June 28, 2018
Expected starting date of dividend payment: June 29, 2018
Expected date of filing of annual securities report: June 29, 2018
Preparation of supplementary financial document: YesResults briefing: NoneCompany
Stock Code
Representative（Rounded down to million yen）

１. Business results for the fiscal year ended March 2018
(April 1, 2017 through March 31, 2018)(1) Results of operations
Year ended Mar. 2018Year ended Mar. 2017

Net sales
Million yen
%
5,044
5.6
4,775
2.5
Net income
per share

Diluted net income
per share
Yen-YenYear ended Mar. 2018Year ended Mar. 2017

Operating income
Million yen%
554
36.1
407
-35.2

79.73
55.32

(% change from the previous corresponding period)
Net income
Ordinary income
Million yen%
Million yen%
58244.9411
44.1
401-36.1
285-32.1

Return onequity

Ratio of ordinary
income to total assets%

Ratio of operating
income to net sales

%

31.2
26.1%

15.6
11.5

11.0
8.5

Shareholders’ equity
ratio

Net assets
per share(Reference) Investment earnings/loss on equity-method:Year ended March 2018: 26 million yen
Year ended March 2017: - million yen(2) Financial position
Total assets

Net assets

Million yen
3,979
3,492

As of Mar. 2018
As of Mar. 2017

Million yen
1,462
1,173%

Yen

36.7
33.6

283.36227.30Cash flows fromfinancing activities
Million yen-124-449

Cash and cash equivalents
at the end of period
Million yen
2,840
2,312

(Reference) Shareholders’ equity:
As of March 2018: 1,462 million yen
As of March 2017: 1,173 million yen(3) Results of cash flows

Year ended Mar. 2018Year ended Mar. 2017

Cash flows fromoperating activities
Million yen
691
465

Cash flows frominvesting activities
Million yen-39-88

2. Dividends
Annual dividend
End of
End of
End ofYear-end
1Q
2Q
3Q
Yen
YenYen
Yen
Year ended Mar. 2017
0.00
24.00
Year ended Mar. 2018
0.00
28.00
(Note) Dividend forecast for the fiscal year ending March 2019 is undecided.

－1 －Total
Yen
24.00
28.00

Total
dividend(Total)
Million yen
123
144

Dividend
payout ratio

Rate of total
dividend tonet assets

%
43.4
35.1%
11.3
11.0

3．Forecast of business results for the year ending March 2019
(April 1, 2018 through March 31, 2019)
Net salesYear ending Mar. 2019(% change from the previous corresponding period)
Operating income

Ordinary income

Net income

Million yen%

Million yen%

Million yen%

Million yen%

5,540

9.8531-4.1

531-8.7367-10.7* Notes(1) 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

(2) Shares outstanding (common stock)① Number of shares outstanding at the end of period (treasury stock included)
As of March 2018
10,327,200 shares
As of March 201710,327,200 shares② Treasury stock at the end of period:
As of March 2018
5,165,902 shares
As of March 2017
5,165,902 shares③ Average number of stock during period
Year ended March 2018
5,161,298 sharesYear ended March 2017
5,161,300 shares*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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