Financial Statement
77th TERM

From 1st April 2016～31st March 2017

Showa Kako Corporation

Balance Sheet
31st March 2017
Showa Kako Corporation(Unit : Yen)
AssetsDescription
Current assets
Cash and deposits
Receivable

Liabilities
AmountDescription

3,855,463,140 Current liabilities
1,303,441,397
23,927,177

Bills Payable
Accounts Payable

Amount2,094,549,220
166,792,554
1,250,802,607

Accounts Receivable

1,452,312,633

Marketable securities

23,822,355

Accrued expenses

4,756,288

Products & Goods

439,079,708

Corporation Tax

46,200,600

Raw materials

125,021,477

Deposits

6,378,081Work in process

452,546,290

Reserve for bonus

92,310

Other current assets

47,312,103

Advance received

52,000△ 12,000,000

Suspense receipt

25,620,000

One year long term loan

20,471,400

Allowance for Loan Losses

573,383,380

Arrears

Fixed Assets

2,717,977,052

Tangible fixed assets

1,885,233,982 Fixed Liabilities

3,326,795,299

Building

302,927,790

Long Term Loan

3,304,529,000

Building equipment

240,210,544

Bonds

Structures

63,955,805

Liabilities TotalMachinery

1,014,406,590

Vehicles andtransportation equipment

4

Consumption tax payable

22,266,2995,421,344,519

Net Assets
Shareholders' equity

Tools, furniture and fixtures

16,955,909

CapitalLand

246,777,340

Capital surplus

1,205,993

Intangible fixed assets

904,404

Capital reserve

405,993

Telephone rights

904,404

Other capital surplus

800,000

Retained earnings
Investment
Long-term loans

831,838,666
2,178,514

Earned reserve
Other retained earnings

100,000,000

1,185,497,625
25,200,000
1,160,297,625

Investment securities

603,065,664

Other reserve

500,000,000

Other investments

226,594,488

Profit carried forward

660,297,625

Own shares
Deferred assetsTotal Assets

114,753,445

Net Assets

6,688,193,637 Total Liabilities and Net assets△ 19,854,500
1,266,849,118
6,688,193,637

Profit and Loss Statement
From 1st April 2016～31st March 2017
Showa Kako Corporation
Description(Unit : Yen)
Amount
8,922,466,534

Sales
Cost of goods soldOpening Inventory
Current term cost of production and total purchaseTotal
Closing Inventory

426,466,744
7,848,670,938
8,275,137,682
439,079,708

7,836,057,974
1,086,408,560

Gross Profit on Sales

709,834,463

Sales and general administrative expenses

376,574,097

Operating Profit
Non Opearting Profit
Interest income

1,052,261

Dividend income

1,253,935

Miscellaneous income

35,531,814

37,838,010

Non Opearting Expenses
Interest expense

34,916,048

Miscellaneous loss

2,279,113

377,216,946

Non Operating Profit
Extraordinary loss
Income before taxes
Corporation tax, resident tax andbusiness tax

Current Net Profit

37,195,161

64,580,045

64,580,045
312,636,901
87,929,400
224,707,501

Statement of share holder'equity
From 1st April 2016～31st March 2017

Showa Kako Corporation
Owner's capital
Capital surplusCapital surplus
CapitalFirst half balance

Capitalreserve100,000,000

405,993

Other
capitalsurpluses

Capitalsurplus sum
total

Earnedsurplusreserve

800,000

1,205,993

25,200,000

Accumulated surplus
Net-assets
Other accumulated
Company's
Owner's
total
surpluses
Accumulated own stock
capital total
EarnedGeneralsurplus total
surplusreserve
C/F(next term)
500,000,000
435,590,124
960,790,124 △ 19,854,500 1,042,141,617 1,042,141,617
224,707,501

Current net income

224,707,501

Current term end balance

224,707,501

0Acquisition of own shares
Current term total
fluctuating amount224,707,501

00000

0

100,000,000

405,993

800,000

1,205,993

25,200,000

500,000,000

224,707,501

224,707,501

224,707,501

224,707,501

660,297,625 1,185,497,625 △ 19,854,500 1,266,849,118 1,266,849,118

Individual Notes

Showa Kako Corporation

１．This financial statements, is created by the guidance of small business accounting

2．Important accounting policies(1)

The evaluation criteria and evaluation method of negotiable securities① Things with market value

Cost of acquisition② Things without market value Cost of acquisition(2)

The evaluation criteria and the evaluation method of an inventory
Cost method according to periodic average method(3)

The method of depreciation of fixed assets
Tangible fixed assets

Constant percentage method by regulation of Corporation Tax Law
Period of depreciation
Building： 8 to 25 years
Building attached structure： 3 to 20 years
Structure ： 8 to 40 years
Mechanical apparatus ：2 to 22 years
Furniture and fixtures：2 to 20 years
Automotive equipment： 4 to 7 years

Intangible fixed assets Fixed amount method by regulation of Corporation Tax Law(4)

Accounting treatment of derivatives
Accounting treatment by a market method to be carried out(5)

The disposal method of a lease transaction(6)

About the finance lease transactions of those other than what the ownership of leased
property transfers to a borrower, is based on accounting treatment according to the method
related to the usual lease transactions.
Accounting treatment of derivatives
Accounting treatment of a consumption tax etc. is based on the tax excluded method.

３．貸借対照表に関する注記
3. Notes to the Balance Sheet

Accumulated depreciation: 3,922,852,089 yen
４．
Notes for Statement of Changes in Net Assets
About Issued Shares
End Of First Half・・・2,016,000 Shares(1)
Current Period End・・・2,016,000 Shares

The number of Own shares at the end of the fiscal year(2)

88,900shares