Non-consolidated Financial Results for the First Quarter of 2019
(Three Months Ended March 31, 2019)[Japanese GAAP]May 9, 2019

Company name:
Stock code:
Representative:
Contact:

Nomura System Corporation Co., Ltd.
Listing: Tokyo Stock Exchange(the first section)
3940
URL: http://www.nomura-system.co.jp
Yoshimitsu Nomura, President
Katsuhisa Katou, Executive Officer, General Manager of Administrative Dept.
Tel: +81-3-6277-0133
May 9, 2019
Scheduled date of filing of Quarterly Report:
Scheduled date of dividend payment:
Preparation of supplementary materials for quarterly financial results: Yes
Holding of quarterly financial results meeting:None(All amounts are rounded off to the nearest million yen)

1. Financial Results for the First Quarter (January 1 to March 31, 2019) of 2019(1) Results of operations(Percentages represent year-on-year changes)
Net sales

Operating income

Millions of yen

Three months ended Mar. 31, 2019
Three months ended Mar. 31, 2018

618
616

% Millions of yen

0.3△3.59096

Net income per share

Ordinary income%

△5.4
△11.1

Net assets

2. Dividends

2,148

Yen

3. Forecast for 2019 (January 1 to December 31, 2019)
Ordinary income%Millions ofyenFirst half
1,232
133
△2.4
△30.5
Full year
2,685
5.7
393
0.5
Notes: Revisions to the most recently announced forecast: None

133393%

2,149
2,203
As of Dec. 31, 2018: 2,201

Yen

Year ended Dec. 31, 2018
0.00
Year ending Dec. 31, 2019Year ending Dec. 31, 2019 (Forecast)
0.00
Notes: 1. Revisions to the most recently announced dividend forecast: None

Millions ofyen

Shareholders’ equity ratio

Dividend per share
3Q-end2Q-end
Yen%%

9.9
△11.3

Millions of yen

2,398
2,479
As of Mar. 31, 2019:

Operating income

6861

Yen

Millions of yen

1Q-end

3.2
△11.0

11.66
10.59

Total assets
As of March. 31, 2019
As of December. 31, 2018
Reference: Shareholders’ equity (millions of yen)

ProfitMillions of%yen

Diluted net income per share

11.83
10.90

(2) Financial position

Millions of yen

9996

Yen

Three months ended Mar. 31, 2019
Three months ended Mar. 31, 2018

Net sales

Millions ofyen

Year-end

89.6
88.8

Total

Yen

Yen-

22.00

22.00

--

22.00

(Percentages represent year-on-year changes)
Profit
Net income per share%

Millions of yen%Yen

△32.0
△3.2

90268

△26.8
△3.1

15.87
47.02

* Notes(1) Application of special accounting methods for presenting quarterly financial statements: None
(2) Changes in accounting policies and accounting estimates, and restatements
1) Changes in accounting policies due to revisions in accounting standards, others: None
2) Changes in accounting policies other than 1) above: None
3) Changes in accounting estimates: None
4) Restatements: None

(3) Number of shares outstanding (common stock)1) Number of shares outstanding at the end of the period (including treasury shares)

As of Mar. 31, 2019:

5,709,600 shares

As of Dec. 31, 2018:

5,699,100 shares

As of Dec. 31, 2018:

165 share

2) Number of treasury shares at the end of the period

As of Mar. 31, 2019:165 shares

3) Average number of shares outstanding during the period
Three months ended Mar. 31, 2019: 5,706,298 shares

Three months ended Mar. 31, 2018:

5,640,515 share* The current quarterly financial report is not subject to quarterly review procedures.
* Cautionary statement with respect to forward-looking statements, and other special items
Forecasts of future performance in this document are based on assumption judged to be valid and information currently
available to the management, but are not promises by Nomura System regarding future performance. Actual results may differ
materially from the forecasts for a number of reasons.

Nomura System Corporation Co., Ltd. (3940) Financial Results for the First Quarter of 2019

Contents of Attachments
1. Quarterly Financial Statements and Notes

2(1) Quarterly Balance Sheet

2(2) Quarterly Statement of Income

3(3) Notes to Quarterly Financial Statements

4Going Concern Assumption

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Nomura System Corporation Co., Ltd. (3940) Financial Results for the First Quarter of 2019

1. Quarterly Financial Statements and Notes(1) Quarterly Balance Sheet(Thousands of yen)First Quarter of 2019
(As of Mar. 31, 2019)2018(As of Dec. 31, 2018)
AssetsCurrent assets
Cash and deposits
Accounts receivable-trade
Work in process
OtherTotal current assets

1,734,9781,523,432

302,611422,059－9,824

10,96017,2652,048,548

1,972,580

8,544

7,831

218

218

421,214417,089

Non-current assets
Property, plant and equipment
Intangible assets
Investments and other assets

429,976

425,138

2,478,524

2,397,718

Accounts payable-trade138,820

138,608

Income taxes payable

73,95528,914Other

59,54977,610Total current liabilities

272,325

245,132

3,501

3,511

Total non-current assets
Total assets
Liabilities
Current liabilities

Non-current liabilities
Asset retirement obligations

3,501

3,511

275,826

248,643

Capital stock

308,245

309,562

Capital surplus

264,745

266,062

Retained earnings

1,659,557

1,601,705

(202)

(202)

2,232,345

2,177,127

Valuation difference on available-for-sale securities△31,004△29,533

Total Valuation and translation adjustments△31,004△29,533

1,357

1,481

2,202,699

2,149,075

2,478,524

2,397,718

Total non-current liabilities
Total liabilities
Net assets
Shareholders’ equity

Treasury stock
Total shareholders’ equity
Valuation and translation adjustments

Stock acquisition rights
Total net assets
Total liabilities and net assets

2

Nomura System Corporation Co., Ltd. (3940) Financial Results for the First Quarter of 2019(2) Quarterly Statement of Income(For the Three-month Period)First three months of 2018
(Jan. 1 – Mar. 31, 2018)616,330(Thousands of yen)First three months of 2019
(Jan. 1 – Mar. 31, 2019)
618,111

Cost of sales

444,586454,618

Gross profit

171,744

163,492

Selling, general and administrative expenses

76,12773,061

Operating income

95,61690,431

108

Gain on sales of investment securities－7,950

Other

150

456

Total non-operating income

160

8,414

Interest expenses

4－

Total non-operating expenses

4－

Ordinary income

95,772

98,845

Profit before income taxes

95,772

98,845

Income taxes-current

30,33625,712

Net sales

Non-operating incomeInterest income

Non-operating expenses

Income taxes-deferred

3,967

5,609

Total income taxes

34,30331,321

Profit61,46967,524

3

Nomura System Corporation Co., Ltd. (3940) Financial Results for the First Quarter of 2019(3) Notes to Quarterly Financial Statements
Going Concern Assumption
Not applicable.

This financial report is solely a translation of “Kessan Tanshin” (in Japanese, including attachments), which has been preparedin accordance with accounting principles and practices generally accepted in Japan, for the convenience of readers who prefer
an English translation.

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