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 Non-Consolidated Financial Results
for the Nine Months Ended December 31, 2017
(Based on Japanese GAAP)
January 31, 2018
Company name:
Fundely Co.,Ltd.
Stock exchange listing: Tokyo
Stock code:
Representative:

3137
URL http://www.fundely.co.jp/
President, Founder
Kosuke Abe

Inquiries:

Executive Officer, Department Manager ofAccountingMasaharu Sugita

TEL

Scheduled date to file Quarterly Securities Report:
Scheduled date to commence dividend payments:

February 13, 2018–

Preparation of supplementary material on quarterly financial results:
Holding of quarterly financial results meeting:YesNo

03-6741-5880(Amounts less than one million yen are rounded down)
1. Non-consolidated financial results for the nine months ended December 31, 2017 (from April 1, 2017 to December 31, 2017)(1) Non-consolidated operating results (cumulative)
Percentages indicate year-on-year changes
Net salesNine months ended December 31, 2017
Nine months ended December 31, 2016

Millions of yen
2,512
2,398

Operating profit% Millions of yen
4.8
501
8.8
416

Earnings per share

Ordinary profit% Millions of yen
20.3
502
18.8
425

%
18.4
26.1

Diluted earnings per share

Yen
49.91
42.21

Nine months ended December 31, 2017
Nine months ended December 31, 2016

Profit% Millions of yen
18.2
317
22.5
268

Yen
49.17
41.58

(2) Non-consolidated financial position
Total assets

Net assets

Millions of yen
2,486
2,240

As of December 31, 2017
As of March 31, 2017

Equity ratio

Millions of yen
2,178
1,860%
87.6
83.0

2. Cash dividends
Annual dividends per share

Year ended March 31, 2017
Year ending March 31, 2018

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––

Yen
0.00
0.00

Yen––

Yen
0.00

Yen
0.00

0.00

0.00

Year ending March 31, 2018 (Forecast)Total

3. Forecast of non-consolidated financial results for the year ending March 31, 2018 (from April 1, 2017 to March 31, 2018)
Percentages indicate year-on-year changes
Net sales
Full year

Millions of yen
3,640

Operating profit% Millions of yen
12.8681

Ordinary profit% Millions of yen
12.1680

1Profit% Millions of yen
10.3
436

Earnings per share%
10.6

Yen
68.54

4. Notes(1) Application of special accounting methods for preparing quarterly non-consolidated financial statements: Yes(2) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements
NoChanges in accounting policies due to revisions to accounting standards and other regulations:
Changes in accounting policies due to other reasons:
Changes in accounting estimates:

YesNo

Restatement of prior period financial statements:

No(3) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of December 31, 2017

6,370,500 shares As of March 31, 2017

6,370,500 shares– shares As of March 31, 2017

– shares

Number of treasury shares at the end of the period
As of December 31, 2017

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Nine months ended December 31, 2017

6,370,500 shares Nine months ended December 31, 2016

26,360,730 shares

Quarterly non-consolidated financial statements
Non-consolidated balance sheets(Thousands of yen)
As of March 31, 2017

As of December 31, 2017

AssetsCurrent assets
Cash and deposits
Notes receivable - trade
Accounts receivable - trade
MerchandiseWork in process
Supplies
Other
Allowance for doubtful accounts
Total current assets

1,714,500
6,004

1,986,893–

185,565
222,820

193,900
192,397

42602

40
754

45,867(137)

49,314(95)

2,175,266

2,423,205

Non-current assets
Property, plant and equipment

9,808

9,933

Intangible assets
Investments and other assets

9,265
46,4507,337
46,452

Total non-current assets

65,52463,7242,240,791

2,486,929

Current liabilities
Accounts payable - trade103,762

86,018

Income taxes payable
Provision for bonuses

134,756
18,00279,853
12,277

Other

118,019

124,533

Total current liabilities

374,541

302,681

Asset retirement obligations

5,424

5,444

Total non-current liabilities

5,424

5,444

379,965

308,125

Shareholders' equity
Capital stock

274,035

274,035

Capital surplus
Retained earnings

224,035
1,362,756

224,035
1,680,733

Total shareholders' equity

1,860,826

2,178,803

1,860,826

2,178,803

2,240,791

2,486,929

Total assets
Liabilities

Non-current liabilities

Total liabilities
Net assets

Total net assets
Total liabilities and net assets

3Non-consolidated statements of income (cumulative)(Thousands of yen)
Nine months ended

Nine months ended

December 31, 2016

December 31, 2017

Net sales
Cost of sales

2,398,127
1,031,040

2,512,635
1,034,935

Gross profit

1,367,086

1,477,700

Selling, general and administrative expenses

950,087

975,908

Operating profit

416,999

501,791

Commission fee
Compensation income

396
1,889

513
–

Insurance premiums refunded cancellation
Receipt return

1,218
4,500–
–

98

108

8,103

621

Miscellaneous loss–

0

Total non-operating expenses–

0425,102502,413

1,516

–

1,516

–

Profit before income taxes

423,586

502,413

Income taxes

155,074

184,435

Profit268,511

317,977

Non-operating income

OtherTotal non-operating income
Non-operating expenses

Ordinary profit
Extraordinary losses
Loss on retirement of non-current assets
Total extraordinary losses

4