Summary of Business Results for the Third Quarter Ended December 31, 2016
[Japan GAAP] (Non-consolidated)
February 9, 2017
CompanyEstore Corporation
Stock Code4304
URL: http://Estore.jp
Representative
Kenichi Ishimura, Representative Director
Contact
Youichi Yanagida, Director
Expected date of filing of quarterly report: February 10, 2017
Expected starting date of dividend payment: Preparation of quarterly supplementary financial document: None
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 nine months ended December 2016
(April 1, 2016 through December 31, 2016)(1) Results of operations

Nine months ended Dec. 2016
Nine months ended Dec. 2015(% change from the previous corresponding period)

Net sales
Million yen
3,574-%-

Operating income
Million yen%329-

Ordinary income
Million yen%323-

Net income
Million yen%221-

Net income
per share

Diluted net income pershare
Yen
Yen
Nine months ended Dec. 2016
42.87
Nine months ended Dec. 2015
(Note) The figures for the year-ago quarter and the percentage changes from year-ago quarter for the nine months ended Dec. 2016 are
not presented, because the Company only disclosed the consolidated quarterly financial statements and did not disclosed thenon-consolidated quarterly financial statements.

(2) Financial position
Total assets
Million yen
As of Dec. 2016
As of Mar. 2016

Shareholders’ equity
ratio

Net assets
Million yen

3,953
3,505%

1,110
1,015

28.1
29.0

(Reference) Shareholders’ equity
As of December 2016: 1,110 million yen
As of March 2016: 1,015 million yen

2. Dividends
End of 1Q

Annual dividend
End of 3Q

End of 2QYenYenYear-end
Yen

Total
Yen

Year ended Mar. 2016
0.00
24.00
24.00
Year ending Mar. 20170.00
Year ending Mar. 2017(Forecast)(Notes) Revisions to recent dividend forecast: None(Notes) 1. In the Articles of Incorporation, the Company sets its record dates for the distribution of dividends at the end of second
quarter and at the end of year, but at present, the estimated amount of year-end dividends have not yet been determined.
2. Dividend forecast for the fiscal year ending March 2017 has not yet been determined.

3．Forecast of business results for the fiscal year ending March 2017
(April 1, 2016 through March 31, 2017)
Net sales(% change from the previous corresponding period)

Operating income

Million yen%
Million yen%
Year ending Mar. 2017
4,757
2.1
401-36.2(Note) Revisions to business forecast for the current quarter: Yes－1 －Ordinary income
Million yen
395%
-37.1

Net income
Million yen
270%
-35.7

Yen

*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: Yes: None: None: None

(3) Shares outstanding (common stock)①Number of shares outstanding at the end of period (treasury stock included)
As of December 2016
10,327,200 shares
As of March 2016
10,327,200 shares②Treasury stock at the end of period
As of December 2016
5,165,902 shares
As of March 2016
5,165,854 shares③Average number of stock during period (quarterly cumulative period)
Nine months ended December 2016
5,161,303 shares
Nine months ended December 2015
5,410,316 shares(Note) The Company conducted a 2-for-1 stock split effective on March 18, 2016. The number of shares is calculated assumingthat the stock split was conducted at the beginning of the previous fiscal year.

*Implementation status of quarterly review proceduresThis financial summary is not subject to the quarterly review procedures pursuant to the Financial Instruments andExchange Act. At the time of disclosure of this report, the procedures for review of quarterly financial statements
pursuant to the Financial Instruments and Exchange Act have been completed.
* 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.

－2 －