Consolidated Financial Results for the Three Months of Fiscal Year Ending March 31, 2019
<under Japanese GAAP>
August 8, 2018
Company name : NIKKO COMPANY
ID number: 5343 Stock listing : Nagoya Stock Exchange Second Section
URL: http://www.nikko-company.co.jp/
Representative : Akiko Mitani, Chief Executive Officer
Contact: Kazuya Nunokawa, Chief Financial Officer (Phone: +81-76-276-2121)
Scheduled date to submit Securities Report: August 9, 2018
Scheduled date to begin dividend payments: Preparation of supplementary materials for financial results : None
Holding of 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, 2018 (April 1, 2018 - June 30, 2018)(1) Consolidated operating results(Percentage figures represent changes from the same period of the previous year.)Net sales

Operating income％ Millions of yen％
Millions of yen
Three months ended
3,321
11.7
(27)
June 30, 2018
Three months ended
2,973
1.7
(23)
June 30, 2017
Note: Comprehensive income (Millions of yen) :June 30, 2018 : (6) (-%)
Net income
per shareYen(0.46)-

Three months ended
June. 30, 2017(1.35)-％

Millions of yen

(5)

-(10)

-(23)

-(31)

-

June 30, 2017 : (22) (-%)

Net assets

Millions of yen
9,533

As of June 30, 2018Year ended Mar.
9,466
31, 2018
Reference: Shareholders' equity (Millions of yen) :％Millions of yen

Diluted net income
per share
Yen

Three months ended
June. 30, 2018

(2) Consolidated financial position
Total assets

Profit (loss) attributableto owners of parent

Ordinary income

Equity ratio

Net assets per share

Millions of yen
1,052%11.0

Yen
45.15

1,059

11.2

45.44

June 30, 2018: 1,052

Mar. 31, 2018: 1,059

2. Dividends(Record date)

Dividend per share
1Q-end2Q-endYen

Year ended Mar.
31, 2018
Year ending Mar.
31, 2019
Year ending Mar.
31, 2019(forecast)-

3Q-endYen

Year-end
Yen

Annual
Yen

Yen

0.00

-

0.00

0.00

0.00

-

0.00

0.00

-

1

NIKKO COMPANY

3. Consolidated Forecast for the Fiscal Year Ending March 31, 2019 (April 1, 2018 - March 31, 2019)
The NIKKO Group will no longer disclose its projected consolidated results for periods starting from that ending in March 2019.
Details of the decision are described in "3. Projected Consolidated Results for FY2018" in the "Consolidated Financial Results for theFiscal Year Ended March 31, 2018" disclosed on May 10, 2018.
※Notes(1) Changes in major subsidiaries during the period : None
(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: None

None(4) Number of shares outstanding (common shares)
1) Number of shares outstanding (including treasury stock) at the end of the period
June 30, 2018 :24,172,000 sharesMar. 31, 2018 :24,172,000 shares
2) Number of treasury stock at the end of the period
June 30, 2018 :
864,149 sharesMar. 31, 2018 :864,148 shares
3) Average number of shares issued during the period (cumulative; consolidated)
Three months ended June 30, 2018 : 23,307,851 shares
Three months ended June 30, 2017 : 23,313,745 shares* Quarterly financial statements are not subject to a quarterly review by certified public accountants or an auditing company.
*Appropriate use of business forecasts, other special items
Please refer to the first quarter report of the 94th Fiscal Period to be submitted on August 9, 2018 for the outlook of business results
and financial condition.
This report is based on EDINET (Electronic Disclosure System on Disclosure Documents of Securities Reports etc. under theFinancial Instruments and Exchange Act) Please refter to (http://disclosure.edinet-fsa.go.jp/)

2

NIKKO COMPANY
Consolidated quarterly Financial Statements
FY03/2018(As of Mar.31,2018)(Millions of yen)
FY03/2019(As of June 30,2018)

1,098
2,192
1,273
581
432
264
57
(5)
5,893

1,421
1,791
1,276
558
535
294
51(5)
5,923

6,811
(5,085)
1,726
4,509(4,184)325
1,237(1,145)
91
1,121
99(85)
13
65
3,344

6,820
(5,125)
1,695
4,639(4,213)
426
1,253(1,157)
95
1,12170(61)
8
36
3,383

070
71

0696956103(1)
157
3,573
9,46656101
(1)
156
3,609
9,533

2,679
2,400
159
1288
121
170
1,140
6,772

2,540
2,400
139
7
20
84
170
1,503
6,867

191
1534
1,282
119
1,634
8,407

156
1536
1,294
119
1,614
8,481

3,470
1,584
(3,492)
(338)
1,224

3,470
1,584
(3,502)
(338)
1,213

0
(111)
(54)
(165)
1,059
9,466

0
(112)
(49)
(161)
1,052
9,533

(1) Consolidated Balance Sheet

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable-trade
Merchandise and finished goods
Work in process
Costs on uncompleted construction contracts
Raw materials and supplies
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 equipment
Intangible assets
Lease assets
Other
Total intangible assets
Investments and other assets
Investment securities
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
OtherTotal current liabilities
Noncurrent liabilities
Long-term loans payable
Lease obligations
Deferred tax ｌiabilities
Provision for directors' retirement benefits
Net defined benefit liability
Other
Total 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 quarterly statements of income and consolidated quarterly statements of comprehensive incomConsolidated quarterly statements of income
FY03/2018(Apr.1, 2017-June 30,2017)(Millions of yen)
FY03/2019(Apr.1, 2018-June 30,2018)

2,973
2,030
943966(23)3,3212,335985
1,012(27)―011110161734

72212(23)
(23)
7(0)
7(31)
―(31)

63212(5)
(5)
5(0)
5(10)
―(10)

FY03/2018(Apr.1, 2017-June 30,2017)(Millions of yen)
FY03/2019(Apr.1, 2018-June 30,2018)

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income (loss)
Non-operating income
Interest income
Foreign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Sales discounts
Other
Total non-operating expenses
Ordinary loss
Loss before income taxes
Income taxes-current
Income taxes-deferred
Total income taxes
Profit (loss)
Profit (loss) attributable to non-controlling interests
Profit (loss) attributable to owners of parent

Consolidated quarterly 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
Other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of the parent
Comprehensive income attributable to non-controlling interests

4(31)

(10)

00
8
9(22)

0(0)
43(6)

(22)
―

(6)
―