Summary of Business Results for the Fiscal Year Ended March 31, 2019
[Japan GAAP] (Consolidated)
May 10, 2019
CompanyI’rom Group Co., Ltd.
Registered on the TSE
Stock Code2372
URL: http://www.iromgroup.co.jp/
Representative Toyotaka Mori, President and CEO
Contact
Hiroaki Inukai, Director, CFO
T E L: +81-3-3264-3148
Expected date of annual shareholders’ meeting: June 26, 2019
Expected starting date of dividend payment: June 27, 2019
Expected date of filing of annual securities report: June 26, 2019
Preparation of supplementary financial document: Yes
Results briefing: Yes (for institutional investors and analysts)（Rounded down to million yen）

１. Consolidated business results for the fiscal year ended March 2019 (April 1, 2018 through March 31, 2019)(1) Consolidated results of operations(% change from the previous corresponding period)

Net salesYear ended Mar. 2019Year ended Mar. 2018

Million yen
10,578
8,621

%
22.7
76.3

(Note) Comprehensive income:Year ended March 2019: 945 million yen (-41.6 %)Net income pershare

Million yen
1,219
1,044

Net income
attributable to ownersof parent%
16.8
392.2

Million yen1,186
1,092

Million yen
912
1,558

Diluted net income
per share

Return on equity

Yen
75.75
132.13(Reference) Investment earnings/loss on equity-method:Year ended March 2019: -2 million yen%
8.6
300.3%-41.4
663.0

Year ended March 2018: 1,618 million yen (- %)

Yen
78.31
135.35

Year ended Mar. 2019Year ended Mar. 2018

Ordinary income

Operating income

%
15.6
31.2

Ratio of ordinary
Ratio of operating
income to total
income to net sales
assets%%
9.6
11.5
11.0
12.1

Year ended March 2018:- 3 million yen(2) Consolidated financial position

As of Mar. 2019
As of Mar. 2018

Total assets

Net assets

Million yen
13,514
11,267

Million yen
6,064
5,745

Shareholders’ equity
ratio%
44.5
50.4

Net assets per shareYen
523.35
485.67(Reference) Shareholders’ equity:
As of March 2019: 6,009 million yen

As of March 2018: 5,677 million yen(3) Consolidated results of cash flows

Year ended Mar. 2019Year ended Mar. 2018

Cash flows fromoperating activities

Cash flows frominvesting activities

Cash flows fromfinancing activities

Cash and cash equivalents
at the end of period

Million yen504
1,612

Million yen-2,216
88

Million yen
2,148-10

Million yen
2,816
2,383

2. Dividends
Total

Total
dividend(Total)

Yen
10.00
10.00

Yen
20.00
20.00

Million yen
232
231

20.00

40.00

Annual dividendYear ended Mar. 2018Year ended Mar. 2019Year ending Mar. 2020
(forecast)End of 1Q

End of 2Q

End of 3Q

Year-end

Yen-

Yen
10.00
10.00

Yen--

20.00

-－1－

Dividend
payout ratio(Consolidated)

Rate of total
dividend tonet assets(Consolidated)

%
14.8
25.5%
4.6
4.0

45.9

3．Forecast of consolidated business results for the fiscal year ending March 2020
(April 1, 2019 through March 31, 2020)
Net salesYear ending Mar. 2020

Million yen
13,000Operating income%
22.9

Million yen
1,300%
6.6(% change from the previous corresponding period)
Net income
Net
Ordinary income
attributable toincome perowners of parent
shareMillion yen
1,300%
9.6

Million yen
1,000%
9.6

Yen
85.79

*Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes
in the scope of consolidation): None
(2) Changes in accounting policies, accounting estimates and restatement: None: None
: None: None

①Changes in accounting policies associated with revision of accounting standards②Changes in accounting policies other than ①③Changes in accounting estimates④Restatement(3) Shares outstanding (common stock)①Number of shares outstanding at the end of period (treasury stock included)
As of March 201911,711,865 shares
As of March 2018
11,703,665 shares②Treasury stock at the end of period
As of March 2019
228,395 shares
As of March 2018
14,005 shares③Average number of stock during period (quarterly cumulative period)
Year ended March 201911,655,737 sharesYear ended March 2018
11,513,861 shares(Reference) Summary of non-consolidated business results
1. Non-consolidated business results for the fiscal year ended March 2019
(April 1, 2018 through March 31, 2019)(1) Non-consolidated results of operations
Net salesYear ended Mar. 2019Year ended Mar. 2018

Million yen
1,765
1,958%-9.8
167.5

Net income
per shareYen
Year ended Mar. 2019Year ended Mar. 2018(% change from the previous corresponding period)
Operating income
Ordinary income
Million yen
716
1,191%-39.8-Million yen
723
1,256

Net income%Million yen
-42.4
693
1,128%-38.5
973.3

Diluted net income pershareYen

59.54
97.97

57.59
95.64

(2) Non-consolidated financial position

As of Mar. 2019
As of Mar. 2018

Total assets

Net assets

Million yen

Million yen

Shareholders’ equity
ratio
%

8,953
7,625

6,069
5,933

67.2
77.1

(Reference) Shareholders’ equity:
As of March 2019: 6,015million yen

As of March 2018: 5,877million yen*Financial summary is not subject to auditing procedures*Explanation regarding appropriate use of business forecasts and other special instructions－2－Net assets per shareYen523.80
502.77

Forecasts regarding future performance in this material are based on information currently available to the company and certain assumptions that the company deems to be reasonable at the time thisreport was prepared. The company does not make primises about the achievements. Actual results may differ significantly from the forecasts due to various factors.

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