Financial Results for the First Quarter of Fiscal Year Ending March 31, 2016
(Three Months Ended June 30, 2015) <under Japanese GAAP> (Consolidated)
August 7, 2015
Company name : NIKKO COMPANYID number: 5343 Stock listing : Nagoya Stock Exchange Second Section
URL: http://www.nikko-company.co.jp/
Representative : Kazuto Futamata, Chief Executive Officer
Contact: Kazuo Miyanabe, Chief Financial Officer (Phone: +81-76-276-2121)
Scheduled date to submit Securities Report: August 10, 2015
Scheduled date to begin dividend payments: Preparation of supplementary materials for quarterly financial results : None
Holding of quarterly financial results meeting : None
(All amounts are rounded down to the nearest million yen)
1. Consolidated Financial Results for the Three Months Ended June 30, 2015 (April 1, 2015 - June 30, 2015)(1) Consolidated operating results(Percentage figures represent changes from the same period of the previous year.)Net sales

Operating income％Millions of yen
Three months ended
June 30, 2015

3,147

(16.9)

Three months ended
3,787
(8.2)
June 30, 2014
Note: Comprehensive income (Millions of yen) :Net income
per share
Yen％

Millions of yen％

Profit (loss) attributableto owners of parent％
Millions of yen

Ordinary income
Millions of yen(217)-(202)-(214)-(181)-(169)-(329)-

June 30, 2015: (202) ( -%)June 30, 2014: (227) ( -%)Diluted net income
per share
Yen

Three months ended
June. 30, 2015

(9.21)-

Three months ended
June. 30, 2014(17.61)-(2) Consolidated financial position
Total assets

Net assets

Millions of yen

Equity ratio

Net assets per share

Millions of yen%

Yen

As of June 30, 2015

9,8829829.942.12

As of Mar. 31, 2015

10,395

1,184

11.4

50.80

Reference: Shareholders' equity (Millions of yen) :June 30, 2015: 982

Mar. 31, 2015: 1,184

2. Dividends(Record date)

Dividend per share
2Q-end3Q-endYen
Yen

1Q-endYen

Year ended Mar. 31, 2015

-Year ending Mar. 31, 2016

-Year ending Mar. 31, 2016(forecast)
Notes: Revision of dividend forecast during the period: NoneYear-end

Annual
Yen

Yen

0.00

-0.00

0.00

0.00

-0.00

0.00

3. Consolidated Forecast for the Fiscal Year Ending March 31, 2016 (April 1, 2015 - March 31, 2016)(Percentage figures represent changes from the same period of the previous year.)Net sales

Full year

Operating income

Profit (loss) attributableto owners of parent% Millions of yen%

Ordinary income

Millions of yen%

Millions of yen%

16,0002.6

50-Millions of yen
50-0-

Net income
per share
Yen
0.00

Notes: Revision of projected consolidated performance during the period :None
Consolidated forecast for the six months ending September 30, 2015 have not been disclosed because the Company and its
subsidiaries track performance on an annual basis only.

1NIKKO COMPANY

4. Notes(1) Changes in significant subsidiaries (changes in specified subsidiaries accompanying changes in the scope of consolidation) during
the period : None
New:
— companies (Company name:)
Eliminated :— companies (Company name:)(2) Application of special accounting methods for quarterly consolidated financial statements : None
(3) Changes in accounting policies, changes in accounting estimates, or restatement
1) Changes in accounting policies due to changes in consolidated accounting methods :2) Changes other than 1) above: None
3) Changes in accounting estimates : None
4) Restatement: NoneYes(4) Number of shares outstanding (common shares)
1) Number of shares outstanding (including treasury stock) at the end of the period
June 30, 2015:
24,172,000 sharesMar. 31, 2015:
24,172,000 shares
2) Number of treasury stock at the end of the period
June 30, 2015:
850,499 sharesMar. 31, 2015:
850,499 shares
3) Average number of shares issued during the period (cumulative; consolidated)
Three months ended June 30, 2015 : 23,321,501 shares
Three months ended June 30, 2014 : 18,725,391 shares*Information regarding the implementation of quarterly review procedures
The current quarterly financial statements are exempted from quarterly review procedures based on the Financial Instruments andExchange Law. At the time of disclosure, we have not completed the review process for these consolidated statements.

*Appropriate use of business forecasts, other special items
Forecasts regarding future results in these materials are based on information available to the Company at the time the materials werecreated. Actual results may differ significantly from these forecasts for a number of reasons.

2NIKKO COMPANY
Consolidated Financial Statements
FY03/2015(As of Mar.31,2015)(Millions of yen)First quarter of FY03/2016(As of June 30,2015)

1,285
2,469
1,407
582
224
259
1119(11)
6,336

1,038
2,016
1,551
625
297
277
0119(7)
5,918

6,729
(4,660)2,068
4,660(4,433)226
1,190(1,129)61
1,145462(318)
144
62
3,708

6,737
(4,701)
2,036
4,771(4,452)
259
1,196(1,134)62
1,145
244(141)
102
20
3,626

482
87

474
78

139

137

494494―123(494)
263
4,058
10,3950121(494)
259
3,964
9,882

2,729
1,765
369
79
49
51
276
1,184
6,504

2,627
1,750
369
41
1276
267
1,128
6,274

851
77
8
44
1,581
142
2,706
9,210

789
70
8
41
1,578
138
2,626
8,900

3,470
1,584
(3,224)
(336)
1,494

3,470
1,584
(3,438)
(336)
1,279

1(115)
(195)
(309)
1,184
10,3951(116)
(182)
(297)
982
9,882

(1) Consolidated Balance Sheet
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable-trade
Merchandise and finished goods
Work in processCosts on uncompleted construction contracts
Raw materials and supplies
Deferred tax assets
Other
Allowance for doubtful accounts
Total current assets
Noncurrent assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation
Buildings and structures, net
Machinery, equipment and vehicles
Accumulated depreciation
Machinery, equipment and vehicles, net
Tools, furniture and fixtures
Accumulated depreciation
Tools, furniture and fixtures, net
Land
Lease assets
Accumulated depreciation
Lease assets, net
Construction in progress
Total property, plant and equipmentIntangible assets
Lease assets
Other
Total intangible assets
Investments and other assets
Investment securities
Claims provable in bankruptcy, claims provable inrehabilitation and other
Deferred tax assets
OtherAllowance for doubtful accounts
Total investments and other assets
Total noncurrent assets
Total assets
Liabilities
Current liabilities
Notes and accounts payable-trade
Short-term loans payable
Current portion of long-term loans payable
Lease obligations
Income taxes payable
Provision for bonuses
Provision for product warranties
Other
Total current liabilities
Noncurrent liabilities
Long-term loans payable
Lease obligations
Deferred tax ｌiabilities
Provision for directors' retirement benefits
Net defined benefit liability
OtherTotal noncurrent liabilities
Total liabilities
Net assets
Shareholders' equity
Capital stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Total net assets
Total liabilities and net assets

3NIKKO COMPANY(2) Consolidated Statements of Income
and Consolidated Statements of Comprehensive Income(Millions of yen)First quarter of FY03/2015 First quarter of FY03/2016(Apr.1,2014-June30,2014) (Apr.1,2015-June30,2015)

Consolidated Statements of Income

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income (loss)
Non-operating income
Interest income
Rent income
Foreign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Other
Total non-operating expenses
Ordinary income (loss)Extraordinary Income
Gain on sales of noncurrent assets
Total extraordinary Income
Extraordinary loss
Loss on sales of noncurrent assets
Loss on retirement of noncurrent assets
Loss on sales of investment securities
Total extraordinary losses
Income (loss) before income taxes
Income taxes-current
Income taxes-deferred
Total income taxes
Income (loss) before minolity inretests
Profit (loss)
Profit (loss) attributable to non-controlling interests
Profit (loss) attributable to owners of parent

3,787
2,764
1,022
1,204(181)

3,147
2,249
898
1,116(217)08―22310129830

10819(169)9515(202)

11―
―

11―
123
134(302)
18827(329)(329)―(329)―2―2(205)
809(214)(214)―(214)(Millions of yen)First quarter of FY03/2015 First quarter of FY03/2016(Apr.1,2014-June30,2014) (Apr.1,2015-June30,2015)

Consolidated Statements of Comprehensive Income

Profit (loss)
Other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax
Total other comprehensive incomeComprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of the parent
Comprehensive income attributable to non-controlling interests

4(329)

(214)

86(0)
16102(227)0(0)
1212(202)(227)―(202)―NIKKO COMPANY[Segment Information]
Ⅰ First Quarter of FY03/2015 (Apr. 1, 2014 - June 30, 2014)
1. Information related to net sales and profit or loss for each reportable segment
Housing &Environmental
Equipment(Millions of yen, rounded down)Amounts on theSegment
Adjustment consolidated
financialtotal(Note 2)statements

Tabletop

FunctionalCeramics
Product

Other(Note 1)

2,465

774

547-

3,787-

3,787-------

2,465

774

547-

3,787-

3,787

28

(53)

9-

(15)

(166)

(181)

Net sales
Sales to Outside Customers
Intersegment sales or Transfers
TotalSegment profit (loss)(Operating income (loss))

Notes: 1. The “Other” category indicated businesses not included in reporting segments, including sales of other products.
2. Segment income adjustment of 166 million yen consists of expenses related to departments that do not belong to the reportable segments.
2. Information regarding impairment loss on fixed assets and goodwill by reportable segment
No reportable information.
Ⅱ First Quarter of FY03/2016 (Apr. 1, 2015- June 30, 2015)
1. Information related to net sales and profit or loss for each reportable segment
Housing &Environmental
Equipment

Tabletop

Functional
Ceramics
ProductSegment
total(Millions of yen, rounded down)Amounts on theAdjustment
consolidated
financial(Note 2)statements

Net sales
Sales to Outside Customers
Intersegment sales or Transfers
TotalSegment profit (loss)(Operating income (loss))

2,004551

592

3,147-

3,147------

2,004

551

592

3,147-

3,147

(51)

(77)

78

(51)

(166)

(217)

Notes: 1. The “Other” category indicated businesses not included in reporting segments, including sales of other products.
2. Segment income adjustment of 166 million yen consists of expenses related to departments that do not belong to the reportable segments.
2. Information regarding impairment loss on fixed assets and goodwill by reportable segment
No reportable information.

5