Closing Announcement of Second Quarter of the Fiscal Year Ending March 31, 2019
[Japanese Standards] (Consolidated)
November 8, 2018
Name of Listed Company:
Code No.:
Representative:
Contact Person:

Arisawa Mfg. Co., Ltd.
5208
Representative Director and CEO:Operating Officer,
Corporate Planning Department:
Scheduled Date of Submitting Financial Report: November 14, 2018
Scheduled Date of Commencement of Dividend Payment: --Whether supplementary explanation materials for the closing are prepared:
Whether explanation meeting is held for the closing:

Listed on the Tokyo Stock Exchange(URL http://www.arisawa.co.jp/)
Yuta Arisawa
Takeshi Masuda

TEL: 025-524-7101

No
Yes (for analysts)(Indicated by rounding off an amount less than 1 million yen)

1.

Consolidated Results in Second Quarter of the Fiscal Year Ending March 31, 2019
(From April 1, 2018 to September 30, 2018)(1) Consolidated Operating Results(% indication shows the increase or decrease rate from the same period in the previous year)(million yen)%(million yen)%

Net profit attributable toowners of the parent(million yen)
%

1,732

9.2

2,589

18.8

1,772

13.8

1,557

195.1

Sales

Operating profit(million yen)
Second Quarter of the Fiscal YearEnding March 31, 2019
Second Quarter of the Fiscal Year
Ended March 31, 2018
(Note)
Comprehensive income:%

22,707

17.6

Ordinary profit

19,30713.7
1,586 194.3
2,179 216.1
Second Quarter of the Fiscal Year Ending March 31, 2019: 1,308 million yen (ᇞ31.5%)
Second Quarter of the Fiscal Year Ended March 31, 2018: 1,909 million yen (--- %)Net profit per share

Fully diluted net profit per share(Yen, Sen)

(Yen, Sen)

49.10

48.71

43.55

43.24

Second Quarter of the Fiscal YearEnding March 31, 2019
Second Quarter of the Fiscal Year
Ended March 31, 2018

(2) Consolidated Financial Conditions
Total assets(million yen)

Net assets(million yen)

Net worth ratio

Second Quarter of the Fiscal YearEnding March 31, 2019
71,43152,518
Fiscal Year Ended March 31, 201872,29052,492(Reference) Net worth: Second Quarter of the Fiscal Year Ending March 31, 2019: 49,886 million yen
Fiscal Year Ended March 31, 2018: 49,635 million yen

2.

%

Net asset per share(Yen, Sen)

69.8
68.7

1,378.79
1,378.12

Status of Dividends
End of 1st quarter(Yen, Sen)-----

End of 2nd quarter(Yen, Sen)
0.00
0.00

Annual dividends
End of 3rd quarter(Yen, Sen)---

Fiscal Year Ended March 31, 2018
Fiscal Year Ending March 31, 2019
Fiscal Year Ending March 31, 2019--(Forecast)(Note)
Existence of adjustment from the most recently announced dividend forecast: None

End of year
(Yen, Sen)
34.00
---

Annual(Yen, Sen)
34.00
---

Dividends for the fiscal year ending March 31, 2019 have yet to be determined.

3.

Expected Consolidated Results for Fiscal Year Ending March 31, 2019
(From April 1, 2018 to March 31, 2019)(% indication shows the increase or decrease rate from the previous period)
Sales(million yen)

(Note)

Operating profit%(million yen)

Net profit
attributable to ownersof the parent

Ordinary profit%(million yen)%

Full Year
47,700
16.6
4,250
17.2
5,450
34.8
Existence of adjustment from the most recently announced forecast of business results: None

Net profit per share(million yen)%

(Yen, Sen)

3,600

4.3

99.95

* Notes(1) Changes in material subsidiaries during the current consolidated cumulative period (changes in specified
subsidiaries accompanying changes in scope of consolidation): None
New: --- (Company Name:)
Exclusion: --- (Company Name:)(2) Application of accounting particular to preparation of quarterly consolidated financial statements: Yes(3) Changes in accounting policy, changes in accounting estimates and restatement
1) Changes in accounting policy in connection with the amendment of accounting standards, etc.: None
2) Changes in accounting policy other than 1) above:None3) Changes in accounting estimate:None4) Restatement:
None(4) Number of outstanding shares (common stocks)
1) Number of outstanding shares at
2Q of Fiscal Yearthe end of year (including treasury Ending March 31,
2019:
stocks):2Q of Fiscal Year
2) Number of treasury stocks at theEnding March 31,
end of year:
2019:3) Average number of shares during
the year (cumulative quarter)

2Q of Fiscal YearEnding March 31,
2019:36,188,524 sharesFiscal Year Ended
March 31, 2018:

sharesFiscal Year Ended
March 31, 2018:36,110,689 shares

2Q of Fiscal Year
Ended March 31,
2018:

7,242

36,024,124 shares

7,084

shares35,760,445 shares* The quarterly closing announcement is not subject to quarterly review by a certified public accountant or an audit
corporation.
* Explanation about Appropriate Use of the Forecast of Business Results and other Matters to be Noted
Description regarding the future such as the forecast of business results stated in this material is based on information which theCompany has currently obtained and certain assumptions that the Company determines to be reasonable, although actual results may
significantly differ from the forecast depending on various factors.

Arisawa Mfg. Co., Ltd. (5208) Closing Announcement of the Second Quarter of the Fiscal Year Ending March 31, 2019

Contents of Attached Materials
1. Qualitative Information concerning Current Quarterly Closing Announcement(1) Explanation about Business Results(2) Explanation about Financial Conditions(3) Explanation about Future Forecast Information,
including Forecast of Consolidated Business Results
2. Quarterly Consolidated Financial Statements and Major Notes(1) Quarterly Consolidated Balance Sheet(2) Quarterly Consolidated Profit and Loss Statement
and Consolidated Statement of Comprehensive Income
Quarterly Consolidated Profit and Loss Statement
Consolidated Cumulative Second Quarter
Quarterly Consolidated Statement of Comprehensive Income
Consolidated Cumulative Second Quarter(3) Quarterly Consolidated Cash Flow Statement(4) Notes to Quarterly Consolidated Financial Statements(Notes to Assumptions on a Going Concern)(Explanatory Note in Case of Significant Changes in the Amount of Shareholders’ Equity)(Application of Accounting Particular to Preparationof Consolidated Quarterly Financial Statements)(Additional Information)(Segment Information, etc.)

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Arisawa Mfg. Co., Ltd. (5208) Closing Announcement of the Second Quarter of the Fiscal Year Ending March 31, 2019

1. Qualitative Information concerning Current Quarterly Closing Announcement(1) Explanation about Business Results
The Japanese economy in the current second quarter consolidated cumulative period continued along arecovery trend due to improvements in corporate profits and the employment environment, etc. On theother hand, the outlook for the future remains uncertain due to ongoing trade friction originating from
U.S. trade policies and concerns about monetary policy, etc.
Under such circumstances, for the business results in the current second quarter cumulative period of
the Company Group (the Company, consolidated subsidiaries and companies to which the equity method
is applied), sales were ¥22,707 million (an increase of 17.6% as compared with the same period in theprevious year). For profit and loss, operating profit was ¥1,732 million (an increase of 9.2% as comparedwith the same period in the previous year) and ordinary profit was ¥2,589 million (an increase of 18.8%
as compared with the same period in the previous year) and the quarterly net profit attributable to ownersof the parent was ¥1,772 million (an increase of 13.8% as compared with the same period in the previousyear).
Business results of each segment were as follows.
(Electronic materials)
Due to the steady advancements in sales of flexible printed circuit board materials, etc., sales were
¥14,698 million, an increase of ¥2,123 million as compared with the same period in the previous year
(16.9% as compared with the same period in the previous year).
(Industrial application structural materials)
Due to the steady advancements in sales of pressure vessels for water treatment, etc., sales were ¥4,257
million, an increase of ¥874 million as compared with the same period in the previous year (25.8% ascompared with the same period in the previous year).
(Electric insulation materials)
Due to a slight decrease in infrastructure-related sales, sales were ¥1,569 million, a decrease of ¥42
million as compared with the same period in the previous year (2.6% as compared with the same period
in the previous year).
(Display materials)
Due to the steady advancements in sales of 3D-related materials, sales were ¥1,801 million, an increaseof ¥461 million as compared with the same period in the previous year (34.4% as compared with the same
period in the previous year).
(Other)Sales were ¥379 million, a decrease of ¥17 million as compared with the same period in the previous
year.
(2) Explanation about Financial Conditions
Total assets at the end of the current consolidated second quarter were ¥71,431 million, a decrease of¥859 million as compared with the end of the previous consolidated fiscal year. This was mainly due to adecrease in cash and deposits of ¥2,278 million. Liabilities were ¥18,913 million, a decrease of ¥884
million as compared with the end of the previous consolidated fiscal year. This was mainly due to adecrease in notes and accounts payable of ¥358 million and short-term borrowings of ¥327 million. Net
assets were ¥52,518 million, a decrease of ¥25 million as compared with the end of the previous
consolidated fiscal year. This was mainly due to an increase in earned surplus of ¥548 million and adecrease in foreign currency translation adjustments of ¥422 million.
(3) Explanation about Future Forecast Information, including Forecast of Consolidated Business Results
As for the business results for the full-year of the fiscal year ending March 31, 2019, there is no change
in the consolidated business results forecast as announced on May 9, 2018.

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Arisawa Mfg. Co., Ltd. (5208) Closing Announcement of the Second Quarter of the Fiscal Year Ending March 31, 2019

2. Quarterly Consolidated Financial Statements and Major Notes(1) Quarterly Consolidated Balance Sheet(Unit: thousand yen)Previous Consolidated
Fiscal Year(As of March 31, 2018)
AssetsCurrent Assets
Cash and deposits
Notes and accounts receivable
Securities
Merchandise and finished goods
Work-in-progress
Raw materials and stores
Other
Allowance for doubtful accounts
Total Current Assets
Fixed Assets
Tangible fixed assets
Intangible fixed assets
Other
Total intangible fixed assets
Investments and other assets
Investment securities
Other
Allowance for doubtful accounts
Total investments and other assets
Total Fixed Assets
Total Assets-3-

Current Consolidated
Second Quarter(As of September 30, 2018)

9,123,877
15,947,189
1,180,101
3,915,375
1,898,096
2,951,263
1,328,865
ᇞ562,185
35,782,583

6,845,845
16,586,315
1,426,814
3,489,009
1,881,585
3,380,341
1,275,255
ᇞ654,583
34,230,583

11,635,655

11,914,857

418,631418,631393,766
393,766

23,365,824
1,264,902
ᇞ176,835
24,453,891
36,508,177
72,290,761

23,935,333
1,142,975
ᇞ186,047
24,892,262
37,200,885
71,431,469

Arisawa Mfg. Co., Ltd. (5208) Closing Announcement of the Second Quarter of the Fiscal Year Ending March 31, 2019
(Unit: thousand yen)Previous Consolidated
Fiscal Year(As of March 31, 2018)
Liabilities
Current Liabilities
Notes and accounts payable
Bonds to be redeemed within a year
Short-term borrowings
Current portion of long-term borrowings
Corporate income tax, etc., payable
Reserve for bonuses
Reserve for officers’ bonuses
Provision for product warranties
Other
Total Current Liabilities
Fixed Liabilities
Bonds payable
Long-term borrowings
Net defined benefit liabilities
Asset retirement obligations
Other
Total Fixed Liabilities
Total Liabilities
Net Assets
Shareholders’ equity
CapitalCapital surplus
Earned surplus
Treasury stock
Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on other securities
Deferred hedge profit or loss
Foreign currency translation adjustments
Accumulated adjustment for retirement benefits
Total accumulated other comprehensive income
New share subscription rights
Non-controlling interest
Total Net Assets
Total Liabilities and Net Assets-4-

Current Consolidated
Second Quarter(As of September 30, 2018)

6,794,393
36,8004,242,472
864,130
930,529598,261
5,956
125
2,509,831
15,982,499

6,435,423
36,8003,915,262
730,294
687,405
594,7112,858
422,698,804
15,101,602

164,800
1,642,485
603,556
92,837
1,312,028
3,815,706
19,798,206

146,400
1,643,851
607,301
92,304
1,321,916
3,811,773
18,913,376

7,458,242
6,570,209
33,492,381
ᇞ4,46747,516,364

7,528,782
6,640,705
34,040,668
ᇞ4,64348,205,513

1,214,473--1,081,810
ᇞ176,694
2,119,588
127,640
2,728,960
52,492,554
72,290,761

1,188,137
ᇞ7,057
659,647
ᇞ159,905
1,680,821
119,733
2,512,024
52,518,093
71,431,469

Arisawa Mfg. Co., Ltd. (5208) Closing Announcement of the Second Quarter of the Fiscal Year Ending March 31, 2019(2) Quarterly Consolidated Profit and Loss Statement and Consolidated Statement of Comprehensive Income(Quarterly Consolidated Profit and Loss Statement)(Consolidated Cumulative Second Quarter)(Unit: thousand yen)

Sales
Cost of Goods Sold
Gross Profit on Sales
Selling, General and Administrative Expenses
Operating Profit
Non-operating Income
Interest income
Dividend income
Investment profit by equity method
Foreign currency exchange profit
Other
Total Non-operating Income
Non-operating Expenses
Interest expenses
Transfer to allowance for doubtful accounts
Other
Total Non-operating Expenses
Ordinary Profit
Extraordinary Profits
Profit on sale of fixed assets
Profit on sale of investment securities
Other
Total Extraordinary Profits
Extraordinary Losses
Loss on retirement of fixed assets
Other
Total Extraordinary Losses
Net profit before taxes, etc.
Corporate income tax, etc.
Net profit
Net profit attributable to non-controlling interests
Net profit attributable to owners of the parent

Previous Consolidated
Cumulative Second Quarter(From April 1, 2017
to September 30, 2017)
19,307,076
15,554,421
3,752,655
2,166,268
1,586,387

Current Consolidated
Cumulative Second Quarter(From April 1, 2018
to September 30, 2018)
22,707,154
18,496,710
4,210,443
2,477,821
1,732,622

179,511
49,225
250,320
30,117
189,826
699,000

163,334
50,256360,187
295,978
212,129
1,081,887

33,187--72,507
105,694
2,179,693

41,176
95,88787,476
224,541
2,589,969

2,960
90,291
10,904104,156441
65,01013,391
78,843

7,432
63,65071,082
2,212,767
551,405
1,661,361
104,040
1,557,321

7,435--7,435
2,661,376
742,344
1,919,032
146,165
1,772,866-5-

Arisawa Mfg. Co., Ltd. (5208) Closing Announcement of the Second Quarter of the Fiscal Year Ending March 31, 2019

(Quarterly Consolidated Statement of Comprehensive Income)(Consolidated Cumulative Second Quarter)(Unit: thousand yen)

Net profit
Other comprehensive income
Valuation difference on other securities
Deferred hedge profit or loss
Foreign currency translation adjustments
Adjustment for retirement benefits
Share of other comprehensive income ofcompanies to which equity method is applied
Total other comprehensive income
Comprehensive income(Breakdown)Comprehensive income attributable to owners of
the parent
Comprehensive income attributable to noncontrolling interests

Previous Consolidated
Cumulative Second Quarter(From April 1, 2017
to September 30, 2017)
1,661,361

Current Consolidated
Cumulative Second Quarter(From April 1, 2018
to September 30, 2018)
1,919,032

329,799
ᇞ4,989
ᇞ20,765
4,825

ᇞ26,288
ᇞ7,057
ᇞ488,849
13,526

ᇞ60,644ᇞ102,046

248,226
1,909,587

ᇞ610,714
1,308,317

1,805,692

1,334,100

103,895

ᇞ25,782-6-

Arisawa Mfg. Co., Ltd. (5208) Closing Announcement of the Second Quarter of the Fiscal Year Ending March 31, 2019(3) Quarterly Consolidated Cash Flow Statement(Unit: thousand yen)Previous Consolidated
Cumulative Second Quarter(From April 1, 2017
to September 30, 2017)
Cash flow from operating activities
Net profit before taxes, etc.
Depreciation expense
Amortization of goodwill
Stock compensation expenses
Profit on reversal of new share subscription rights
Increase/decrease in allowance for doubtful
accounts (ᇞ: decrease)
Increase/decrease in reserve for bonuses(ᇞ: decrease)
Increase/decrease in provision for productwarranties (ᇞ: decrease)
Increase/decrease in reserve for officers’ bonuses(ᇞ: decrease)
Increase/decrease in net defined benefit liabilities(ᇞ: decrease)
Profit/loss on redemption of investment securities(ᇞ: profit)
Interest and dividend income
Interest expenses
Foreign currency exchange profit/loss (ᇞ: profit)
Investment profit/loss by equity method (ᇞ: profit)
Profit/loss on changes in equity (ᇞ: profit)
Profit/loss on sale of securities and investment
securities (ᇞ: profit)
Valuation profit/loss on investment securities(ᇞ: profit)
Profit/loss on sale of fixed assets (ᇞ: profit)
Loss on retirement of tangible fixed assets
Increase/decrease in accounts receivable(ᇞ: increase)
Increase/decrease in inventories (ᇞ: increase)
Increase/decrease in trades payable (ᇞ: decrease)
Increase/decrease in consumption tax, etc., payable(ᇞ: decrease)
Increase/decrease in other assets (ᇞ: increase)
Increase/decrease in other liabilities (ᇞ: decrease)
SubtotalInterest and dividends received
Interest paid
Corporate income tax, etc., paid
Cash flow from operating activities-7-

Current Consolidated
Cumulative Second Quarter(From April 1, 2018
to September 30, 2018)

2,212,767
819,998--19,713
ᇞ1,442

2,661,376
896,379
35,552
23,965
ᇞ6,601

11,032

100,835

162,332

ᇞ3,549

ᇞ42

ᇞ82

15

ᇞ3,097

17,93923,207

ᇞ23,029

ᇞ13,698

ᇞ228,736
33,187
ᇞ739
ᇞ250,320
ᇞ9,462

ᇞ213,591
41,176
ᇞ137,454
ᇞ360,187
ᇞ6,790

ᇞ90,235

ᇞ65,010

63,595---

ᇞ2,960
4,381

ᇞ619
2,426

ᇞ2,386,160

ᇞ946,055

ᇞ1,428,726
1,356,077

ᇞ86,007ᇞ262,819

5,022

141,268

ᇞ227,813
159,325
215,717292,514
ᇞ38,430
ᇞ367,380
102,420

ᇞ108,761
ᇞ30,059
1,681,802
293,018
ᇞ42,011
ᇞ848,043
1,084,766

Arisawa Mfg. Co., Ltd. (5208) Closing Announcement of the Second Quarter of the Fiscal Year Ending March 31, 2019
(Unit: thousand yen)Previous Consolidated
Cumulative Second Quarter(From April 1, 2017
to September 30, 2017)
Cash flow from investing activities
Revenue from refund of term deposits
Expenditure for acquisition of tangible fixed assets
Revenue from sale of tangible fixed assets
Expenditure for acquisition of intangible fixed
assetsExpenditure for acquisition of investment
securities
Revenue from sale of investment securities
Revenue from liquidation of subsidiaries
Expenditure for lending
Revenue from collection of loans
Other revenue
Cash flow from investing activities
Cash flow from financing activities
Net increase/decrease in short-term borrowings(ᇞ: decrease)
Revenue from long-term borrowings
Expenditure for repayment of long-term borrowings
Expenditure for repayment of lease liabilities
Expenditure for redemption of bonds
Expenditure for repayment of long-term accrued
amountProceeds from stocks issued
Expenditure for acquisition of treasury stock
Dividends paid
Dividends paid to non-controlling interests
Cash flow from financing activities
Translation differences in cash and cash equivalents
Increase/decrease in cash and cash equivalents(ᇞ: decrease)
Cash and cash equivalents at beginning of year
Decrease in cash and cash equivalents in connection
with exclusion from consolidation
Cash and cash equivalents at end of quarter-8-

Current Consolidated
Cumulative Second Quarter(From April 1, 2018
to September 30, 2018)229,918
ᇞ949,181
6,084--ᇞ1,075,368
1,758

ᇞ7,396

ᇞ25,113

ᇞ254,743

ᇞ1,315,662

593,045
31,096
ᇞ105,742
80,0008,390
ᇞ368,526

890,254--ᇞ20,000
33,76055,672
ᇞ1,454,698

ᇞ444,132

ᇞ211,650

482,698ᇞ547,793
ᇞ10,941---

441,600
ᇞ542,270
ᇞ10,830
ᇞ18,400---

ᇞ57,586

103,280
ᇞ298
ᇞ711,355
ᇞ121,662
ᇞ1,250,204
21,898

115,765
ᇞ175
ᇞ1,220,470
ᇞ191,154
ᇞ1,695,171
ᇞ39,209

ᇞ1,494,413

ᇞ2,104,313

7,026,200

8,832,805

ᇞ110,040---

5,421,746

6,728,492

Arisawa Mfg. Co., Ltd. (5208) Closing Announcement of the Second Quarter of the Fiscal Year Ending March 31, 2019(4) Notes to Quarterly Consolidated Financial Statements(Notes to Assumptions on a Going Concern)
No applicable matter.
(Explanatory Note in Case of Significant Changes in the Amount of Shareholders’ Equity)
No applicable matter.
(Application of Accounting Particular to Preparation of Consolidated Quarterly Financial Statements)(Calculation of tax expenses)
For tax expenses, the effective tax rate is reasonably estimated after application of tax effect accounting fornet profit before taxes in the consolidated fiscal year including the current consolidated second quarter and these
are calculated by multiplying the quarterly net profit before taxes by the estimated effective tax rate.
(Additional Information)(Application of “Partial Amendment of the ‘Accounting Standards for Tax Effect Accounting,’” etc.)“Partial Amendment of the ‘Accounting Standards for Tax Effect Accounting’” (Accounting Standards for
Business Enterprises No.28, February 16, 2018), etc., has been applied from the beginning of the current firstquarter consolidated fiscal period. Accordingly, deferred tax assets are indicated in the category of investments
and other assets and deferred tax liabilities are indicated in the category of fixed liabilities.
(Segment Information, etc.)[Segment Information]
I Previous consolidated cumulative second quarter (From April 1, 2017 to September 30, 2017)
1. Information about the amount of sales and profit/loss by reportable segment(Unit: thousand yen)

Electronicmaterials

Reportable segment
Industrial
Electric
application
Display
insulation
structural
materials
materials
materials

Other(Note)

Total

Total

Sales
Sales to external customers
Intersegment sales ortransfers
Total
Segment profit or loss ()12,575,626

3,383,148

1,611,855

---

---

---

12,575,626

3,383,148

1,611,855

1,401,196

514,847

300,783

1,340,027 18,910,658

396,418

19,307,076---

409,534

409,534

1,340,027 18,910,658

805,952

19,716,611

ᇞ91,780

130,423

2,255,470---

2,125,046

Note: The category “Other” means business segments which are not included in the reportable segments andincludes related goods sales, logistics related businesses and other businesses, etc.
2. Difference between the total amount of profit/loss of reportable segments and the amount shown in thequarterly consolidated profit and loss statement and major details for the difference (matters concerning
difference adjustment)(Unit: thousand yen)
ProfitAmountTotal of reportable segments

2,125,046

Profit in category “Other”

130,423

Elimination of intersegment transactions

ᇞ40,772

Expenses of entire company (Note)ᇞ605,323

Adjustment of inventories

ᇞ22,986

Operating profit in quarterly consolidated profit and loss
statement

1,586,387

Note: Expenses of the entire company are mainly general and administrative expenses not
attributable to reportable segments.
3. Information about loss on impairment of fixed assets or goodwill, etc., by reportable segment
No applicable matter.
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Arisawa Mfg. Co., Ltd. (5208) Closing Announcement of the Second Quarter of the Fiscal Year Ending March 31, 2019

II Current consolidated cumulative second quarter (From April 1, 2018 to September 30, 2018)
1. Information about the amount of sales and profit/loss by reportable segment(Unit: thousand yen)

Electronicmaterials

Reportable segment
Industrial
Electric
application
Display
insulation
structural
materials
materials
materials

Other(Note)

Total

Total

Sales
Sales to external customers

14,698,956

4,257,503

1,569,732

1,801,587

22,327,780

379,374

22,707,154

Intersegment sales ortransfers
Total

---

---

---

---

---

396,797396,797

14,698,956

4,257,503

1,569,732

1,801,587

22,327,780

776,171

23,103,952

Segment profit or loss (ᇞ)

1,391,669

742,434

230,980

80,1092,445,192

108,260

2,553,453

Note: The category “Other” means business segments which are not included in the reportable segments andincludes related goods sales, logistics related businesses and other businesses, etc.
2. Difference between the total amount of profit/loss of reportable segments and the amount shown in thequarterly consolidated profit and loss statement and major details for the difference (matters concerning
difference adjustment)(Unit: thousand yen)
ProfitAmountTotal of reportable segments

2,445,192

Profit in category “Other”

108,260

Elimination of intersegment transactions

ᇞ54,424

Amortization of goodwill

ᇞ35,552

Expenses of entire company (Note)ᇞ703,377

Adjustment of inventories

ᇞ27,476

Operating profit in quarterly consolidated profit and loss
statement

1,732,622

Note: Expenses of the entire company are mainly general and administrative expenses not
attributable to reportable segments.
3. Information about loss on impairment of fixed assets or goodwill, etc., by reportable segment
No applicable matter.

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