Summary of Business Results for the Second Quarter Ended September 30, 2017
[Japan GAAP] (Non-consolidated)
November 9, 2017
CompanyEstore Corporation
Stock Code4304
URL: http://Estore.co.jp
Representative
Kenichi Ishimura, Representative Director
Contact
Youichi Yanagida, Director
Expected date of filing of quarterly report: November 10, 2017
Expected starting date of dividend payment: Preparation of quarterly supplementary financial document: Yes
Quarterly results briefing: None

Listed on the TSE
T E L: +81-3-3595-1106（Rounded down to million yen）

１. Business results for the six months ended September 2017 (April 1, 2017 through September 30, 2017)(1) Results of operations
Six months ended Sep. 2017
Six months ended Sep. 2016(% change from the previous corresponding period)
Net sales
Million yen%
2,451
6.1
2,310-

Operating income
Million yen%
230
7.5
214
-

Net income
per share

Diluted net income pershare
Yen-

Yen
Six months ended Sep. 2017
Six months ended Sep. 2016

30.33
27.67

Net income
Million yen%
156
9.6
142-

Ordinary income
Million yen%
229
9.8
208-

(2) Financial position
Total assets
Million yen
As of Sep. 2017
As of Mar. 2017

Shareholders’ equity
ratio

Net assets
Million yen

3,421
3,492%

1,209
1,173

35.3
33.6

(Reference) Shareholders’ equity:
As of September 2017: 1,209 million yen
As of March 2017: 1,173 million yen

2. Dividends
End of 1Q

End of 2Q
Yen

Year ended Mar. 2017
Year ending Mar. 2018

-Yen
0.00
0.00

Annual dividend
End of 3Q
Yen-

Year-end

Total
Yen

24.00

Yen
24.00

(Notes) In the Articles of Incorporation, the company sets its record dates for the distribution of dividends at the end of 2nd quarter and at the end ofyear, but at present, the estimated amount of dividends for the fiscal year ending March 2018 have not yet been determined.

3．Forecast of business results for the fiscal year ending March 2018
(April 1, 2017 through March 31, 2018)
Net salesYear ending Mar. 2018

Million yen
4,990(% change from the previous corresponding period)
Operating income%
4.5

Million yen
403%
-1.0

Ordinary income
Million yen
397%
-1.1

Net income
Million yen
274(Note) Revisions to business forecast for the current quarter: None
Only full year business forecasts are presented because the company conducts annual performance management.

－ 1 －%-3.8※Notes(1) Applications of accounting procedures specific to preparation of the quarterly financial statements: None
(2) 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(3) Shares outstanding (common stock)①Number of shares outstanding at the end of period (treasury stock included)
As of September 201710,327,200 shares
As of March 201710,327,200 shares②Treasury stock at the end of period
As of September 2017
5,165,902 shares
As of March 2017
5,165,902 shares③Average number of shares during period (quarterly cumulative period)
Six months ended September 2017
5,161,298 shares
Six months ended September 2016
5,161,303 shares* Quarterly financial summary is not subject to the quarterly review procedures* 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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