Summary of Consolidated Financial Results
for the Second Quarter of the Fiscal Year Ending May 31, 2016
(Japanese GAAP)
December 28, 2015
Company Name:ERI Holdings Co., Ltd.
Listing Exchanges: First section of the Tokyo Stock Exchange
Securities Code:6083
URL: http://www.h-eri.co.jp/
Representative:
Akiyo Masuda, President and COO
For Inquiries, Contact:
Shigeru Kato, Executive Officer and General Manager, Finance and Accounting Dept.
TEL:(03)5570-1520
Planned Submission Date for the Quarterly Report:
December 28, 2015
Planned Starting Date for Dividend Payments:
January 29, 2015
Supplementary documents for quarterly results:
Yes
Quarterly results briefing:
Yes (for institutional investors and securities analysts)(Amounts are rounded down to the nearest million yen)

1. Consolidated Results for the Second Quarter of the Fiscal Year Ending May 31, 2016 (June 1, 2015 – November 30, 2015)(1) Consolidated Financial Results (Cumulative)(% indicates year-on-year change)
Net Sales

Operating Income

million yen％million yen

FY 5/2016 Q2

5,923

0.8

327

–

FY 5/2015 Q2

5,877–14–％

FY 5/2016 Q2: 204 million yen (–%)

(Note) Comprehensive Income

Profit Attributable toOwners of Parent

Ordinary Income
million yen％

millions yen

338

626.3

205–46–6–％

FY 5/2015 Q2: 6 million yen (–%)

DilutedNet Income per ShareNet Income per Shareyenyen

FY 5/2016 Q2

26.36

–

FY 5/2015 Q2

0.90

–

(2) Consolidated Financial Position
Net Assets

Total Assets

Shareholders’ Equity Ratio

million yen

million yen

4,099

2,227

FY 5/2016 Q2
FY 5/2015

％

54.3

4,296
2,072
48.1
FY 5/2016 Q2: 2,224 million yen
FY 5/2015: 2,067 million yen(Reference) Shareholders’ Equity

2. Dividends
Dividends per Share
End of Q1

End of Q2

End of Q3

Fiscal Year EndAnnualyenyenyenyenyen

FY 5/2015

–

17.00

–

13.00

30.00

FY 5/2016–15.00
–

15.00

30.00

FY 5/2016(Forecast)(Note) Revisions to dividend forecasts published most recently: None

3. Consolidated Results Forecast for the Fiscal Year Ending May 31, 2016 (June 1, 2015 – May 31, 2016)(% indicates year-on-year change)

Net Sales

Full Year

Operating Income

Profit Attributable toOwners of Parent

Ordinary Income

million yen％million yen％million yen％million yen

11,866(0.7)

741153.9754

127.5507(Note) Revisions to performance forecasts published most recently: None％–Net Incomeper Shareyen

64.93

* Notes(1) Changes in significant subsidiaries during the term under review (changes in subsidiaries via share exchange causing a change
in the scope of consolidation): None
(2) Adoption of accounting treatment unique to the preparation of quarterly consolidated financial statements: None
(3) Changes in accounting policies and changes or restatement of accounting estimates(i) Changes in accounting policies associated with the revision of accounting standards, etc.:(ii) Changes in accounting policies other than (i):(iii) Changes in accounting estimates:(iv) Restatement:(4) Number of shares issued (common stock)(i) Shares Outstanding (incl. treasury stock):(ii)

Treasury Stock:(iii) Average Number of Shares Outstanding(cumulative of consolidated quarters)

End of FY 5/2016 Q2
End of FY 5/2015
End of FY 5/2016 Q2
End of FY 5/2015
End of FY 5/2016 Q2
End of FY 5/2015 Q2

YesNoneNone
None

7,832,400 shares
7,832,400 shares
83 shares
40,783 shares
7,815,296shares
7,721,242 shares* Status of the quarterly review of financial statement
This summary of Consolidated Financial Results is not subject to audit procedure under the Financial Institutions and Exchange Act. At the time ofdisclosure of this report, however, the audit procedures for the financial statement are still in progress.

* Notes on appropriate use of performance projection and other special remarks
The performance projections in this report are the forecast based on currently available information and significantly includes uncertainty.
Actual result may differ materially from these projections due to various reasons.

Summary of Financial Results for the Second Quarter of the Fiscal Year Ending May 31, 2016
ERI Holdings Co., Ltd. (Securities Code 6083)

Quarterly Consolidated Financial Statements(1) Quarterly Consolidated Balance Sheets(Unit: thousand yen)Previous fiscal year
(As of May 31, 2015)
AssetsCurrent assets
Cash and deposits
Accounts receivable-trade
Securities
Work in process
Deferred tax assets
OtherAllowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Intangible assets
Investments and other assets
Guarantee deposits
Deferred taxes assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

The second quarter ofthe reporting fiscal year
(As of November 30, 2015)

2,341,919
480,997
100,002350,933
177,715
105,767(413)
3,556,922

2,279,320
527,062316,206
185,866
86,668(300)
3,394,824

104,733
138,631

107,657
132,640

400,395
35,19560,942(691)
495,841
739,206
4,296,128

409,116
32,94922,135(263)
463,937
704,236
4,099,060

Summary of Financial Results for the Second Quarter of the Fiscal Year Ending May 31, 2016
ERI Holdings Co., Ltd. (Securities Code 6083)(Unit: thousand yen)Previous fiscal year
(As of May 31, 2015)
Liabilities
Current liabilities
Current portion of long-term loans payable
Accounts payable - otherAccrued expenses
Income taxes payable
Advances received
Provision for loss on guarantees
Other
Total current liabilities
Non-current liabilities
Net defined benefit liability
Long-term accounts payable - otherTotal non-current liabilities
Total liabilities
Net assets
Shareholders’ equity
Capital stock
Capital surplus
Retained earnings
Treasury shares
Total shareholders’ equity
Non-controlling interests
Total net assets
Total liabilities and net assets

The second quarter ofthe reporting fiscal year
(As of November 30, 2015)

86,998247,253
609,570
113,914666,608
24,403251,081
1,999,830

221,406
554,042
161,110
631,309140,244
1,708,113

100,937
123,060
223,997
2,223,827

95,23967,780163,019
1,871,132

992,784
26,304
1,101,184(52,980)
2,067,292
5,008
2,072,301
4,296,128

992,784
26,304
1,205,346(70)
2,224,364
3,563
2,227,928
4,099,060

Summary of Financial Results for the Second Quarter of the Fiscal Year Ending May 31, 2016
ERI Holdings Co., Ltd. (Securities Code 6083)(2) Quarterly Consolidated Statements of Income and comprehensive income
Quarterly Consolidated Statements of Income(Unit: thousand yen)

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividend income of insuranceCommission fee
Insurance income
Insurance premiums refunded cancellation
Miscellaneous income
Total non-operating income
Non-operating expenses
Interest expenses
Loss on guarantees
Miscellaneous loss
Total non-operating expenses
Ordinary income
Extraordinary loss
Loss on retirement of non-current assets
Total extraordinary loss
Income before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
Net income
Loss attributable to non-controlling interests
Profit attributable to owners of parent

The second quarter ofthe previous fiscal year
(From June 1, 2014
to November 30, 2014)
5,877,898
4,513,520
1,364,378
1,350,022
14,355The second quarter ofthe reporting fiscal year
(From June 1, 2015
to November 30, 2015)
5,923,650
4,203,566
1,720,083
1,392,537
327,546

1,142
7,680
1,231
19,852
3,314
33,221

1,335
5,865
1,141
20,880766
29,989797
117
915
46,661

1,320
17,202
86
18,610338,925

46,661
38,108
1,755
39,863
6,798
(174)
6,973

2,771
2,771
336,154
137,523(5,905)
131,618
204,536(1,445)205,982

Summary of Financial Results for the Second Quarter of the Fiscal Year Ending May 31, 2016
ERI Holdings Co., Ltd. (Securities Code 6083)

Quarterly Consolidated Statements of Comprehensive income(Unit: thousand yen)

The second quarter ofthe previous fiscal year
(From June 1, 2014
to November 30, 2014)
Net income
Other comprehensive income

Total other comprehensive income
Comprehensive income
Comprehensive income attributable to:Comprehensive income attributable toowners of parent
Comprehensive income attributable tonon-controlling interests

6,798

The second quarter ofthe reporting fiscal year
(From June 1, 2015
to November 30, 2015)
204,536--

6,798

204,536

6,973

205,982(174)(1,445)