Note) This translation may be used for reference purposes only. This English version is not an official translation ofthe original Japanese document. In cases where any differences occur between the English version and the original
Japanese version, the Japanese version shall prevail.

Summary of Financial Statements for the First Quarterof the Fiscal Year Ending December 31, 2016
[Japanese GAAP](Non-consolidated)
April 27, 2016

Broadleaf Co., Ltd.
Stock Listing:Stock Code:
Representative:
Scheduled Submission Date for Quarterly Report:
Scheduled Starting Date for Dividend Payment:
Earnings Supplementary Explanatory Documents:
Earnings Results Briefing:

Tokyo Stock Exchange 1st Section
3673 URL: http://www.broadleaf.co.jp/Kenji Oyama, Representative Director, President & CEO
May 12, 2016
Yes
Yes (For institutional investors and analysts)(Amounts are rounded down to the nearest million yen.)

1. Financial Results for the 1st Quarter of the FY2016 (from January 1, 2016 to March 31, 2016)(Percentage below represents increase (decrease) from the same period of previous year)(1) Results of Operations
Net Sales
Operating Income
Ordinary Income
Net Income
Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

3,460
3,467-0.2-34.5-97-57--98-69-20-134-

Q1 FY2016
Q1 FY2015

Earnings Per ShareQ1 FY2016
Q1 FY2015

Diluted Earnings Per ShareYen

Yen

0.85
-5.31

0.85
-

(2) Financial Position
Total Asset
End of Q1 FY2016
End of FY2015(Reference) Shareholders’ Equity

Shareholders’ Equity Ratio

Net Asset

Millions of Yen

Millions of Yen%

24,76925,565

19,114
19,38577.1
75.7

End of Q1 FY2016: 19,085 Million Yen

End of FY2015: 19,356 Million Yen

2. Dividends
End of Q1FY2015
FY2016FY2016 (Forecast)

Dividends Per Share
End of Q3

End of Q2Year-endTotal

YenYenYenYenYen-

12.50-

12.50

25.00

17.50-

12.50

30.00

(Note) Revisions to the latest forecast of dividends: No
Breakdown of Dividends Per Share at the End of Q2 FY2016 (Forecast): Ordinary dividend 12.50 yen
Commemorative dividend 5.00 yen

3. Earnings Forecast for FY2016 (from January 1, 2016 to December 31, 2016)(Percentage below represents increase from the same period of previous year)

Net Sales
1st Half FY2016
FY2016

Operating IncomeMillions of Yen%

8,400
18,0000.9
7.0

Millions of Yen%

1,050 4.2
3,000 19.3(Note) Revisions to the latest forecast of earnings: No

Ordinary Income
Millions of YenEarnings
Per ShareNet Income%Millions of Yen%

Yen

1,030 3.4
2,970 19.1

560
1,620

17.6
29.4

23.14
66.93

* Notes(1) Adoption of special accounting methods for preparation of quarterly financial statements: No(2) Changes in accounting policies, changes in accounting estimates and restatement of corrections
1. Changes in accounting policies in association with revision in accounting standards: No
2. Other changes in accounting policies: No
3. Changes in accounting estimates: No
4. Restatement of corrections: No(3) Number of shares outstanding (common stock)
1. Number of shares outstanding
Q1 FY2016(including treasury stock)
2. Number of shares of treasury stock

Q1 FY2016

3. Average number of shares outstanding(during the period)

Q1 FY2016(Shares)

24,474,200 FY2015
263,484

FY201524,205,420 FY2015 Q1

25,234,200
1,030,884
25,281,330* Indication of quarterly review procedure implementation status
This quarterly earnings report is not subject to quarterly review procedures based upon the Financial Instruments
and Exchange Act. Thus, at the time of disclosure of the financial results, the quarterly financial statement review
procedures based upon the Financial Instruments and Exchange Act have not been completed.
* Comment regarding appropriate usage of earnings forecast, and other special notes(Note on forward-looking statements)
The forward-looking statements such as earnings forecasts contained in this document are based on the information
currently available to the Company and certain assumptions which are regarded as legitimate. The Company makes
no warranty as to the achievability of what is described in the statements. Actual results may differ from theseforecasts due to various factors.

Broadleaf Co., Ltd. (3673)
Summary of Financial Statements for the 1st Quarter of the FY2016 (Non-consolidated)

Table of Contents of Attached Material
1. Qualitative Information on Operating Results, etc. for the Three Months Ended March 31, 2016 •••••••••••••••• 2(1) Qualitative information on financial results ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 2(2) Qualitative information on financial position ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 2(3) Qualitative information on earnings forecast •••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 22. Matters Related to Summary Information (Notes) ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 3(1) Application of specific accounting treatment to the preparation of quarterly financial statements ••••••••••••• 3(2) Changes in accounting principles and changes or restatements of accounting estimates •••••••••••••••••••••••• 3
3. Financial Statements ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 4(1) Balance sheet ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 4(2) Statement of income ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 6(3) Notes to financial statements ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 7(Notes to going concern assumptions) ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 7(Notes to significant changes in the stockholders’ equity •••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 7
4. Supplementary Information ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• 8-1-Broadleaf Co., Ltd. (3673)
Summary of Financial Statements for the 1st Quarter of the FY2016 (Non-consolidated)

1. Qualitative Information on Operating Results, etc. for the Three Months Ended March 31, 2016
(1) Qualitative information on financial results
In the first three months of the fiscal year ending December 31, 2016, the future of the Japanese economy
remained uncertain, reflecting falling stock prices and unstable movements of the yen in the foreign exchange
market. There were also concerns about the unstable situation in the Middle East and lagging production andexports due to slower economies in emerging countries, despite improvements in corporate earnings andemployment conditions thanks to the economic and monetary policies of the government and the Bank of Japan.
In the information service industry, to which the Company belongs, IT investments by companies remained firm,
particularly those in manufacturing in addition the financial and public service sectors, but a cautious view on theeconomy was observed in various industries because of the economic uncertainty. Overall, the business climate
remained generally solid because IT investments were expected to increase mainly in strategic areas such as big
data, IoT, cloud, and security.
In this business environment, the Company is enhancing its measures to increase the number of users of its
applications, such as the .NS Series and CarpodTab, a tablet-type business support tool, and working for the industry
standardization of BL Parts Order System, an electronic order service for auto parts, with the aim of expanding thecustomer base and changing the revenue structure. The Company is also promoting efforts to provide higher valueadded services for customers by successively renovating the industry-specific applications the Company offers tocustomers, strengthening and enhancing automobile-related database, introducing an EC site for auto repair parts
into the market, and developing automobile-related data analytical services.
As a result, in the first three months of the fiscal year under review, the Company posted net sales of 3,460 million
yen (down 0.2% year on year). In terms of profits and losses, the Company recorded an operating loss of 97 million
yen (compared with an operating loss of 57 million yen a year ago) and an ordinary loss of 98 million yen (comparedwith an ordinary loss of 69 million yen a year ago), mainly due to an increase in research and development expenses.
Net income stood at 20 million yen (compared with a net loss of 134 million yen a year ago) as a result of posting
compensation for damage received as extraordinary income.
The Company has a single business segment, which consists of IT services. A breakdown of sales by businessdomain is shown in the table below.
(Unit: Millions of yen)
FY2015 Q1

FY2016 Q1(From Jan. 1 to Mar. 31,2016)(From Jan. 1 to Mar. 31,2015)

2,011

2,138

-6.0%

System Support314317-0.9%

Network Service

1,134

1,011

12.2%

3,460

3,467

-0.2%

DomainBusiness Application
SoftwareTotal

Year-on-year
rate of change(2) Qualitative information on financial position
Total assets at the end of the first quarter under review declined 796 million yen from the end of the previous fiscal
year, to 24,769 million yen, chiefly reflecting a 790 million yen decrease in accounts receivable-trade.
Liabilities fell 525 million yen, to 5,645 million yen, chiefly due to a 173 million yen decrease in long-term loans
payable as a result of repayment, a 166 million yen decline in accounts payable-trade, and a 130 million yen decreasein accounts payable-other.
Net assets declined 271 million yen, to 19,114 million yen. The main factor was a 1,244 million yen decrease inretained earnings due to the cancellation of treasury stock and the payment of dividends.
(3) Qualitative information on earnings forecast
The results forecasts for the fiscal year ending December 31, 2016 announced on February 10, 2016 have notbeen changed.

-2-Broadleaf Co., Ltd. (3673)
Summary of Financial Statements for the 1st Quarter of the FY2016 (Non-consolidated)

2. Matters Related to Summary Information (Notes)(1) Application of specific accounting treatment to the preparation of quarterly financial statements
Not applicable(2) Changes in accounting principles and changes or restatements of accounting estimates
Not applicable-3-

Broadleaf Co., Ltd. (3673)
Summary of Financial Statements for the 1st Quarter of the FY2016 (Non-consolidated)

3. Financial Statements(1) Balance sheet(Unit: Thousands of Yen)

AssetsCurrent assets
Cash and deposits
Notes receivable - trade
Accounts receivable - trade
MerchandiseWork in process
Supplies
Prepaid expenses
Deferred tax assets
Accounts receivable - other
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Intangible assets
Goodwill
SoftwareTotal intangible assets
Investments and other assets
Investment securities
Shares of subsidiaries and associates
Investments in capital of subsidiaries andassociates
Long-term loans receivable from subsidiaries
and associates
Long-term loans receivable from employees
Claims provable in bankruptcy, claims
provable in rehabilitation and other
Long-term prepaid expenses
Lease and guarantee deposits
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets-4-FY2015(As of Dec. 31, 2015)

Q1 FY2016(As of Mar. 31, 2016)

8,384,656
68,9812,660,888
215,153
4,509
12,821
166,386
201,544
1,289,046
34,054-4,75813,033,282

8,577,921
37,9481,870,479
166,343
10,058242,157
156,5311,311,132
37,234-3,301
12,406,506

457,944445,040

9,362,268
1,246,711
10,608,979

9,195,085
1,242,515
10,437,600

644,322
203,859

670,406
203,859

163,625

163,625

60,00060,000-287

13,712

13,90323,090365,272
5,560-13,712
1,465,730
12,532,655
25,565,938

16,856359,656
5,560-13,9031,480,253
12,362,895
24,769,401

Broadleaf Co., Ltd. (3673)
Summary of Financial Statements for the 1st Quarter of the FY2016 (Non-consolidated)(Unit: Thousands of Yen)

Liabilities
Current liabilities
Accounts payable - trade
Current portion of long-term loans payable
Lease obligationsAccounts payable - otherAccrued expenses
Income taxes payable
Accrued consumption taxes
Advances received
Deposits received
Provision for bonuses
Provision for compensation for damage
Other
Total current liabilities
Non-current liabilities
Long-term loans payable
Lease obligations
Asset retirement obligations
Deferred tax liabilities
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Capital stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders' equity
Valuation and translation adjustments
Valuation difference on available-for-salesecurities
Total valuation and translation adjustments
Subscription rights to shares
Total net assets
Total liabilities and net assets-5-FY2015(As of Dec. 31, 2015)

Q1 FY2016(As of Mar. 31, 2016)

480,270624,000
32,6412,396,358
169,794
118,444
67,38830,24474,681
278,406
34,612
31,201
4,338,044

314,048
624,000
32,6852,266,320
125,448
105,752
129,375
57,65639,047
235,978
33,214
31,201
3,994,727

1,675,160
51,126
112,041
3,603
1,841,931
6,179,976

1,501,907
42,938112,275
2,856
1,660,040
5,654,767

7,147,905
7,147,905
6,362,772-1,322,701
19,335,880

7,147,905
7,147,905
5,118,530-349,964
19,064,376

20,48920,665

20,48929,592
19,385,961
25,565,938

20,66529,592
19,114,634
24,769,401

Broadleaf Co., Ltd. (3673)
Summary of Financial Statements for the 1st Quarter of the FY2016 (Non-consolidated)(2) Statement of income(Unit: Thousands of Yen)

Q1 FY2015(From Jan. 1, 2015
to Mar. 31, 2015)
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income (loss)
Non-operating income
Interest income
Dividend income
Compensation income
Gain on investments in partnership
Other
Total non-operating income
Non-operating expenses
Interest expenses
Provision for loss compensation
Commission fee
Other
Total non-operating expenses
Ordinary income (loss)
Extraordinary income
Gain on sales of non-current assets
Compensation for damage received
Total extraordinary income
Income (loss) before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
Net income (loss)-6-

Q1 FY2016(From Jan. 1, 2016
to Mar. 31, 2016)

3,467,460
1,080,473
2,386,987
2,444,528-57,541

3,460,726
1,049,690
2,411,035
2,508,590-97,554

1,044
287
2,730
3,976
4,879
12,918

874
3,500
972
3,313
8,660

1,547
5,951
15,0001,977
24,475-69,099

2,873
5,594
850
9,319
-98,214

6,430
6,430
-62,669
11,15460,492
71,647-134,316

250,925
250,925
152,711
88,20043,957132,157
20,553

Broadleaf Co., Ltd. (3673)
Summary of Financial Statements for the 1st Quarter of the FY2016 (Non-consolidated)(3) Notes on financial statements(Notes on going concern assumptions)Not applicable(Notes on substantial changes in the stockholders’ equity)(Cancellation of treasury stock)
The Company resolved at the meeting of the Board of Directors held on February 10, 2016 to cancel
treasury stock, and canceled 760,000 shares of common stock as of March 2, 2016. As a result, treasury
stock and retained earnings decreased 961,400 thousand yen during the first three months of the fiscal year
under review. This cancellation of treasury stock led to retained earnings amounting to 5,118,530 thousand
yen and treasury stock amounting to 349,964 thousand yen at the end of the first three months of the fiscalyear under review.

-7-Broadleaf Co., Ltd. (3673)
Summary of Financial Statements for the 1st Quarter of the FY2016 (Non-consolidated)

4. Supplementary Information
Current Fiscal Year (From January 1, 2016 to December 31, 2016)(Unit: Millions of Yen)

Fiscal Year Ending December 31, 2016
Q1 Result
Net Sales

Ratio toNet SalesYoY rateof change

Progressrate

Full-year
forecast

3,460

100.0%

-0.2%

19.2%

18,000

2,011

58.1%

-6.0%

17.2%

11,700

System Support314

9.1%

-0.9%

25.1%

1,250

Network Service

1,134

32.8%

12.2%

22.5%

5,050

Operating Income (Loss)

-97

---

3,000

Net Income (Loss)

200.6%

-1.3%

1,620

Business Application Software

Previous Fiscal Year (From January 1, 2015 to December 31, 2015)(Unit: Millions of Yen)

Fiscal Year Ended December 31, 2015
Q1 Result
Net Sales

Ratio toNet SalesYoY rateof change

Progressrate

Full-year
result3,467

100.0%-34.5%

20.6%

16,824

2,138

61.7%

-46.8%

18.9%

11,316

System Support

317

9.1%

-12.3%

25.1%

1,266

Network Service1,011

29.2%

10.9%

23.8%

4,242

Operating Income (Loss)

-57

---

2,514

Net Income (Loss)

-134

---

1,251

Business Application Software-8-