Translation
Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any
discrepancy between this translated document and the original Japanese document, the latter shall prevail.

Summary of Consolidated Financial Results
for the Year Ended March 31, 2015
(Based on Japanese GAAP)
April 28, 2015
Company name:

Enplas Corporation

Stock exchange listing: Tokyo
Stock code:
6961

URL

http://www.enplas.com

Representative:

President
Executive Officer / Manager

Daisuke Yokota

Inquiries:

Corporate & Administration Division Group Shigeya FujitaFinancial Office

Scheduled date of ordinary general meeting of shareholders:
Scheduled date to file Securities Report:

June 26, 2015
June 26, 2015

Scheduled date to commence dividend payments:
Preparation of supplementary material on financial results:

June 8, 2015
Yes

Holding of financial results meeting:

Yes

TEL048-253-3131(for institutional investors)(Amounts less than one million yen are rounded down)

1. Consolidated financial results for the year ended March 31, 2015 (from April 1, 2014 to March 31, 2015)(1) Consolidated financial results
Percentages indicate year-on-year changes
Net salesYear ended March 31, 2015
Year ended March 31, 2014

Millions of yen
39,65039,529Operating income
%0.3
50.6

Millions of yen
10,777
12,383

Diluted net income
per share
Yen
Yen
545.91
544.83629.42621.74

Net income per share
Year ended March 31, 2015
Year ended March 31, 2014

Ordinary income% Millions of yen(13.0)
11,243171.9
12,912

Net income% Millions of yen(12.9)
7,921
161.9
9,139

Ordinary
income/total assets
%%
17.3
21.4
23.9
28.8

Net income/equity%(13.3)
62.2

Operatingincome/net sales%27.231.3(2) Consolidated financial position
Total assets
As of March 31, 2015
As of March 31, 2014

Net assets

Equity ratio

Millions of yen
53,89950,979Millions of yen
48,562
43,161

Cash flows fromoperating activities
Millions of yen
8,104
14,300Cash flows frominvesting activities
Millions of yen(3,642)(3,250)Net assets per share%
90.0
84.5

Yen
3,516.43
2,942.46(3) Consolidated cash flows

Year ended March 31, 2015
Year ended March 31, 2014

Cash flows from
Cash and cash equivalents
at end of period
financing activities
Millions of yen
Millions of yen(5,328)27,281(476)
27,241

2. Cash dividends
Ratio ofDividend
Total cash
dividends topayout ratio
dividends (Total) (Consolidated)
net assets(Consolidated)

Annual dividends per share
1st quarter-end 2nd quarter-end 3rd quarter-end Fiscal year-end

Total

Yen

Yen

Yen

Yen

Yen

Millions of yen%%

Year ended March 31, 2014
Year ended March 31, 2015

––

30.00
40.00

–
–

40.00
40.00

70.00
80.00

1,022
1,140

11.1
14.7

2.7
2.5

Year ending March 31, 2016 (Forecast)–40.00

–

40.00

80.00

114.5

3. Forecast of consolidated financial results for the year ending March 31, 2016 (from April 1, 2015 to March 31, 2016)
Net sales
Millions of yen
Six months ending
September 30, 2015
Full year

Percentages indicate year-on-year changes
Profit attributable toNet income
Operating income
Ordinary income
owners of parent
per share% Millions of yen% Millions of yen% Millions of yen%Yen

20,000

0.0

5,500

(2.6)

5,500(6.6)

3,800(4.4)

275.4240,0000.9

11,0002.1

11,000(2.2)

7,600(4.1)

550.84

4. Notes(1) Changes in significant subsidiaries during the year ended March 31, 2015(changes in specified subsidiaries resulting in the change in scope of consolidation):No(2) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements
Changes in accounting policies due to revisions to accounting standards and other regulations:
Yes
Changes in accounting policies due to other reasons:
Changes in accounting estimates:

No
No

Restatement of prior period financial statements after error corrections:No(3) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of March 31, 2015

18,232,897 shares As of March 31, 2014

20,232,897 shares

Number of treasury shares at the end of the period
As of March 31, 2015

4,435,687 shares As of March 31, 2014

5,585,977 shares

14,510,509 shares Year ended March 31, 2014

14,520,246 shares

Average number of shares during the period
Year ended March 31, 20152

Consolidated financial statements
Consolidated balance sheets(Thousands of yen)
As of March 31, 2014

As of March 31, 2015

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade

22,038,549
6,786,493

23,525,484
7,462,096

Securities
Finished goods

5,600,000
669,843

4,500,000
826,237

579,713584,474

584,948795,353875,705
1,277,938

438,888
1,781,382

Work in process
Raw materials and supplies
Deferred tax assets
Other
Allowance for doubtful accounts(4,939)(9,116)38,407,778

39,905,274

3,378,571

3,357,422

Machinery, equipment and vehicles, net
Tools, furniture and fixtures, net

2,602,186
1,353,441

2,946,607
1,093,583Land
Construction in progress

2,877,803
169,378

2,946,865
228,840

Total property, plant and equipment

Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net

10,381,382

10,573,319

Intangible assets
Software537,810616,514Goodwill
Other–
202,346

209,536
49,223

Total intangible assets

740,156875,275

Investments and other assets
Investment securities

524,763

1,305,724

Net defined benefit asset
Deferred tax assets–746,664

350,829547,939

Other
Allowance for doubtful accounts

200,428(21,211)

361,981(21,196)

Total investments and other assets
Total non-current assets
Total assets

3

1,450,645

2,545,278

12,572,183

13,993,873

50,979,961

53,899,147

(Thousands of yen)
As of March 31, 2014

As of March 31, 2015

Liabilities
Current liabilities
Accounts payable - trade

1,477,218

1,743,731

199,992
3,010,722

199,992
560,584

632,844
181,041

653,895
150,735

Other

1,780,840

1,666,034

Total current liabilities

7,282,658

4,974,973

Long-term loans payable
Net defined benefit liability

300,028160,509

100,036
19,767

Provision for directors' retirement benefits
Deferred tax liabilities

19,11028,72814,711
203,554

Other

27,11624,045Current portion of long-term loans payable
Income taxes payable
Provision for bonuses
Provision for directors' bonuses

Non-current liabilities

Total non-current liabilities

535,493362,114

7,818,152

5,337,087

Capital stock
Capital surplus

8,080,454
10,367,333

8,080,454
7,559,573

Retained earnings
Treasury shares

32,485,224(7,988,344)

39,566,007(9,107,783)

Total shareholders' equity42,944,668

46,098,251

99,638233,481

Foreign currency translation adjustment
Remeasurements of defined benefit plans

138,749(85,018)

2,177,647
7,514

Total accumulated other comprehensive income

153,369

2,418,642

29,81433,956–45,164

43,161,809

48,562,059

50,979,961

53,899,147

Total liabilities
Net assets
Shareholders' equity

Accumulated other comprehensive income
Valuation difference on available-for-sale securities

Subscription rights to shares
Minority interests
Total net assets
Total liabilities and net assets

4Consolidated statements of income and consolidated statements of comprehensive income
Consolidated statements of income(Thousands of yen)
Fiscal year ended
March 31, 2014

Fiscal year ended
March 31, 2015

Net sales

39,529,112

39,650,620

Cost of sales

18,202,376

18,546,942

Gross profit

21,326,736

21,103,677

Selling, general and administrative expenses

8,942,852

10,325,898

Operating income

12,383,883

10,777,779

29,641

34,110

Dividend income
Foreign exchange gains

12,842
278,061

14,645
294,076

Rent income on non-current assets
Gain on sales of scraps

33,872
168,841

40,322
105,664

Other

48,81053,918

Total non-operating income

572,068

542,736

Interest expenses
Rent expenses on non-current assets

2,130
38,102

1,390
39,379

Share of loss of entities accounted for using equity method
Other

–
2,849

18,295
17,722

Total non-operating expenses

43,08176,78812,912,870

11,243,727

Gain on sales of non-current assets
Gain on reversal of subscription rights to shares

31,517–

20,761
2,565

Total extraordinary income

31,51723,326

4,549

7,745

4,549

7,745

Income before income taxes and minority interests

12,939,837

11,259,308

Income taxes - current
Income taxes - deferred

3,873,937(80,400)

2,767,842
562,183

Total income taxes

3,793,536

3,330,026

Income before minority interests

9,146,301

7,929,282

6,986

7,812

9,139,314

7,921,470

Non-operating income
Interest income

Non-operating expenses

Ordinary income
Extraordinary income

Extraordinary losses
Loss on sales of non-current assets
Total extraordinary losses

Minority interests in income
Net income

5Consolidated statements of comprehensive income(Thousands of yen)

Income before minority interests
Other comprehensive income

Fiscal year ended

Fiscal year ended

March 31, 2014

March 31, 2015

9,146,301

7,929,282

Valuation difference on available-for-sale securities
Foreign currency translation adjustment

46,054
687,080

133,8422,044,413

Remeasurements of defined benefit plans, net of tax–

92,532

733,135

2,270,788

Comprehensive income

Total other comprehensive income

9,879,436

10,200,071

Comprehensive income attributable toComprehensive income attributable to owners of parent

9,870,271

10,186,743

Comprehensive income attributable to minority interests

9,165

13,3286Consolidated statements of changes in net assets
Fiscal year ended March 31, 2014
(Thousands of yen)
Shareholders' equity
Capital stock
Balance at beginning ofcurrent period

Capital surplus

Retained earnings

Total shareholders'equity

Treasury shares

8,080,454

10,190,269

24,069,974(8,361,816)

33,978,882

8,080,454

10,190,269

24,069,974(8,361,816)

33,978,882

Cumulative effects ofchanges in accounting
policies
Restated balance
Changes of items during
periodDividends of surplus(724,064)

Net income

9,139,314(724,064)
9,139,314

Purchase of treasury shares
Disposal of treasury shares

177,064(3,150)(3,150)376,623

553,687

Retirement of treasury
sharesNet changes of items otherthan shareholders' equity
Total changes of items during
periodBalance at end of current
period–177,064

8,415,249

373,472

8,965,786

8,080,454

10,367,333

32,485,224(7,988,344)

42,944,668

Accumulated other comprehensive income
Valuationdifference on
available-forsale securities
Balance at beginning ofcurrent period

Foreigncurrencytranslation
adjustment

Totalaccumulatedof defined benefit
othercomprehensive
plansincomeRemeasurements

Subscription
rights to shares

Minority
interests

Total net assets

53,583(546,152)–(492,568)

132,664

26,23133,645,209

53,583(546,152)–(492,568)

132,664

26,23133,645,209

Cumulative effects ofchanges in accounting
policies
Restated balance
Changes of items during
periodDividends of surplus(724,064)

Net income

9,139,314

Purchase of treasury shares(3,150)

Disposal of treasury shares553,687

Retirement of treasury
sharesNet changes of items otherthan shareholders' equity

46,054

684,901(85,018)

645,938(102,850)

7,725

550,813

Total changes of items during
period46,054

684,901(85,018)

645,938(102,850)

7,725

9,516,599

Balance at end of current
period99,638

138,749(85,018)

153,369

29,81433,956

43,161,809

7

Fiscal year ended March 31, 2015
(Thousands of yen)
Shareholders' equity
Capital stock
Balance at beginning ofcurrent period

Capital surplus

8,080,454

Retained earnings

10,367,333

Cumulative effects ofchanges in accounting
policies
Restated balance

Total shareholders'equity

Treasury shares

32,485,224(7,988,344)

333,635
8,080,454

10,367,333

32,818,860

42,944,668

333,635(7,988,344)

43,278,304

Changes of items during
periodDividends of surplus(1,174,323)(1,174,323)

Net income

7,921,470

7,921,470

Purchase of treasury shares
Disposal of treasury shares
Retirement of treasury
shares(4,091,937)(4,091,937)

52,379112,358

164,738(2,860,140)

2,860,140–

Net changes of items otherthan shareholders' equity
Total changes of items during
periodBalance at end of current
period–(2,807,760)

6,747,146(1,119,439)

2,819,947

8,080,454

7,559,573

39,566,007(9,107,783)

46,098,251

Accumulated other comprehensive income
Valuationdifference on
available-forsale securities
Balance at beginning ofcurrent period

99,638Foreigncurrencytranslation
adjustment
138,749

Total
accumulated
otherof defined benefit
comprehensive
plansincomeRemeasurements(85,018)

153,369

Subscription
rights to shares

29,814

Minority
interests

33,956

Cumulative effects ofchanges in accounting
policies
Restated balance

Total net assets

43,161,809

333,635
99,638

138,749(85,018)

153,369

29,81433,95643,495,445

Changes of items during
periodDividends of surplus(1,174,323)

Net income

7,921,470

Purchase of treasury shares(4,091,937)

Disposal of treasury shares

164,738

Retirement of treasury
shares–Net changes of items otherthan shareholders' equity

133,8422,038,897

92,5322,265,273(29,814)

11,2082,246,667

Total changes of items during
period133,8422,038,897

92,5322,265,273(29,814)

11,2085,066,614

Balance at end of current
period233,481

2,177,647

7,514

2,418,642–

45,164

48,562,059

8Consolidated statements of cash flows(Thousands of yen)

Cash flows from operating activities
Income before income taxes and minority interests
Depreciation
Amortization of goodwill
Loss (gain) on sales of property, plant and equipment
Share of (profit) loss of entities accounted for using equity

Fiscal year ended

Fiscal year ended

March 31, 2014

March 31, 2015

12,939,837

11,259,308

2,971,074–

2,968,453
55,741(26,967)(13,015)

methodIncrease (decrease) in allowance for doubtful accounts–

18,295(24,836)

3,226

Increase (decrease) in net defined benefit liability
Increase (decrease) in provision for bonuses

160,509
202,099

166,182(4,492)

Increase (decrease) in provision for directors' bonuses
Increase (decrease) in provision for directors' retirement

45,243(31,234)

4,432(4,399)benefits
Increase (decrease) in provision for retirement benefits(120,993)–

Interest and dividend income
Foreign exchange losses (gains)(42,483)(50,981)(48,755)(8,059)Decrease (increase) in notes and accounts receivable - trade
Decrease (increase) in inventories(297,267)
66,267(46,829)(144,975)

Increase (decrease) in notes and accounts payable - trade
Increase (decrease) in accounts payable - other(327,121)(93,724)(21,383)(287,637)

Other, net

344,467(289,779)

Subtotal

15,749,557

13,570,646

41,70849,321

Interest expenses paid
Income taxes (paid) refund(2,347)(1,488,056)(1,390)(5,514,230)

Net cash provided by (used in) operating activities

14,300,862

8,104,346(368,370)(899,434)

111,279(2,759,809)

642,103(2,131,103)

Proceeds from sales of property, plant and equipment
Purchase of intangible assets

36,356(334,464)

25,569(315,427)

Purchase of investment securities
Payments of loans receivable–(181,499)(630,615)(120,000)

Collection of loans receivable
Payments for transfer of business

257,078–

180,000(264,381)

Other, net(11,167)(129,610)(3,250,596)(3,642,899)

Interest and dividend income received

Cash flows from investing activities
Payments into time deposits
Proceeds from withdrawal of time deposits
Purchase of property, plant and equipment

Net cash provided by (used in) investing activities

9(Thousands of yen)
Fiscal year ended

Fiscal year ended

March 31, 2014

March 31, 2015

Cash flows from financing activities
Repayments of long-term loans payable(199,992)(199,992)

Purchase of treasury shares
Proceeds from exercise of share options(3,150)450,837(4,091,937)
137,488

Cash dividends paid
Cash dividends paid to minority shareholders(722,447)(1,440)(1,172,436)(2,119)Net cash provided by (used in) financing activities(476,193)(5,328,996)

Effect of exchange rate change on cash and cash equivalents

404,805

907,592

Net increase (decrease) in cash and cash equivalents

10,978,877

40,042

Cash and cash equivalents at beginning of period

16,260,298

27,241,895

2,718

–

27,241,895

27,281,938

Increase (decrease) in cash and cash equivalents resulting fromchange of scope of consolidation
Cash and cash equivalents at end of period10