This is an English translation of the official announcement in Japanese that was released on August 12, 2015. The translation is prepared for thereaders’ convenience only. All readers are strongly encouraged to refer to the original Japanese version for more complete and accurate information.
Should there be any inconsistency between the translation and the official Japanese text, the latter shall prevail.

Consolidated Financial Results
For the Second Quarter of the Fiscal Year Ending December 31, 2015
Company name: B-Lot Company Limited
Stock listing: TSE Mothers Section
Ticker code: 3452
URL: http://www.b-lot.co.jp/
Representative: Makoto Miyauchi, President
Contact: Yoshimi Endo, Corporate Officer
Phone: +81-3-6891-2525
Submission of Quarterly Securities Report (Shihanki-Houkokusho): August 12, 2015
Commencement of dividend payments:
Preparation of supplementary materials for quarterly financial results: No
Holding of quarterly financial results meeting: No(Note: All amounts have been rounded down to the nearest million yen)

1. Consolidated Financial Results for the Second Quarter Ended June 30, 2015.
（January 1, 2015 to June 30, 2015）
1) Consolidated Operating Results (cumulative)
Revenue(Percentages indicate year-on-year changes.)
Ordinary income
Profit for the period

Operating profit(¥ million)%(¥ million)%(¥ million)%(¥ million)%

The second quarter ended
June 30, 2015

3,234

―

332

―

272

―

172

―

The second quarter ended
June 30, 2014

―

―

―

―

―

―

―

―

(Note: Comprehensive income was 174 million yen for the second quarter ended June 30, 2015)

Basic earnings per share
The second quarter ended June 30, 2015
The second quarter ended June 30, 2014

Diluted earnings per share
(¥)

(¥)

52.27

47.91

―

―

(Note 1: Consolidated financial statement was made from the first quarter ended March 31, 2015.)(Note 2: Although the Company conducted a three-for-one share split for its common stock on April 16, 2015, the basic earnings per share is
calculated on the assumption that the share split was conducted at the beginning of the fiscal year under review.)

2) Consolidated Financial Position
Total assets
As ofJune 30, 2015
As ofDecember 31, 2014

Total equity

Equity ratio

Net assets per share(¥ million)(¥ million)(¥ million)

(¥)

8,190

1,158

14.1

349.00――――(Note 1: Consolidated financial statement was made from the first quarter ended March 31, 2015.)(Note 2: Although the Company conducted a three-for-one share split for its common stock on April 16, 2015, the basic earnings per share is
calculated on the assumption that the share split was conducted at the beginning of the fiscal year under review.)

2. Dividends
Annual dividends per share
1Q-end2Q-end(¥)――

Fiscal year ended December 31, 2014
Fiscal year ending December 31, 2015
Fiscal year ending December 31, 2015

3Q-end(¥)

Year-end

(¥)

―

0.00
0.00

―

(Forecast)

Total
(¥)

(¥)

0.00

0.00

―

―

Note:
1. Revision to the most recently released earnings forecasts: No
2. In its articles of incorporation, the Company sets the record date for dividends on the last day of the second quarter and the last day of the fiscal year. At the current moment,
however, the expected amount of dividends on the record date at the end of the fiscal year has yet to be determined.

3. Consolidated Earnings Forecasts for the Fiscal Year Ending December 31, 2015
(December 1, 2014 to November 30, 2015)
Revenue
Fiscal year ending
December 31, 2015

Operating profit

Profit before tax(¥million)%(¥million)%(¥million)

%

6,930

―

717

―

566

―

Profit attributable toowners of the parent(¥million)
%

345

―

Basic earnings
per share
(¥)

98.14

Note: Revision to the most recently released earnings forecasts: No*Notes1. Changes in significant subsidiaries during the period (changes in specified subsidiaries that resulted in changes in the scope of consolidation): No
Newly added: –Excluded: –Note. Although this does not fall under a change in specified subsidiaries, we have included B-Lot Asset Management Co. Ltd. in the range of consolidation from the first threemonths of the fiscal year under review, reflecting the fact that it was established during that same period. We also have included B-Lot Singapore. Ltd. in the range of consolidationfrom the second quarter of the fiscal year.

2. Accounting treatment and special accounting treatments for quarterly consolidated financial statements: No
3. Changes in accounting policies and changes in accounting estimates(a) Changes in accounting policies: No(b) Changes in accounting policies due to other reasons: No(c) Changes in accounting estimates: No(d) Changes or restatement of accounting estimates: No4）Number of issued shares (ordinary shares)(a) Number of issued shares at the end of the period (including treasury shares)
Second quarter of fiscal year
3,319,500 sharesending December 31, 2015
Second quarter of fiscal year
3,283,500 shares
ended December 31, 2014(b) Number of treasury shares at the end of the period
Second quarter of fiscal year
ending December 31, 2015
Second quarter of fiscal year
ended December 31, 2014――(c) Average number of outstanding shares during the period (cumulative)
Second quarter of fiscal year
3,307,765 sharesending December 31, 2015
Second quarter of fiscal year
1,710,000 shares
ended December 31, 2014
Note 1: Although the Company conducted a three hundred-for-one share split for its common stock on August 20, 2014, the number of shares (common stock) is calculated on theassumption that the share split was conducted at the beginning of the previous fiscal year under review.
Note 2: Although the Company conducted a three-for-one share split for its common stock on April 16, 2015, the number of shares (common stock) is calculated on the assumptionthat the share split was conducted at the beginning of the previous fiscal year under review.

*Information on implementation of quarterly review proceduresThis quarterly financial results report is excluded from the scope of the quarterly review procedures stipulated in the Financial Instruments andExchange Act. At the time this quarterly financial results report was disclosed, the review procedures for quarterly consolidated financial statements
stipulated in the Financial Instruments and Exchange Act had already been completed.

*Proper use of earnings forecasts and other notes
In association with the establishment of B-lot Asset Management Co., Ltd., the Company prepares the quarterly consolidated financial statements fromthe first three months of the fiscal year under review. The forward-looking statements, including outlook of future performance, contained in thesematerials are based on information currently available to the Company and on certain assumptions deemed to be responsible by the Company. Actual
performance and other results may differ from these statements due to various factors. For the assumptions on which the earnings forecasts are based andcautions concerning the use, please refer to “Qualitative Information on Quarterly Consolidated Financial Performance (1) Qualitative Information
Regarding Operating Results” on page 2 of the attached materials.

Attached Materials
1. Qualitative Information on Quarterly Consolidated Financial Performance………….2(1) Qualitative Information Regarding Operating Results(2) Qualitative Information Regarding Financial Positions(3) Qualitative Information Regarding the Consolidated Earnings Forecast

2. Matters Related to Summary Information (Notes)………………………………………3(1) Changes in Significant Subsidiaries during the Period(2) Special Accounting Methods for Preparing the Quarterly Consolidated Financial Statements(3) Changes in the Accounting Policy / Changes in Accounting Estimates and Modified Restatement

3. Overview of Important Information on Going Concern Assumptions………………………….…3
4. Quarterly Consolidated Financial Statements………………………………………....…………4(1) Quarterly Consolidated Balance Sheets…………………………………………………….…….….…..4(2) Quarterly Consolidated Profit and Loss Statement and Consolidated Statements of Comprehensive Income...........5
Quarterly Consolidated Profit and Loss Statement
The second quarter ended June 30, 2015
Consolidated Statements of Comprehensive Income
The second quarter ended June 30, 2015………………………………………………………….….…..6(3) Condensed Consolidated Statement of Cash Flows………………………………………………………7(4) Notes to Quarterly Consolidated Financial Statements…………….…………………….………………8(Notes on Going Concern Assumptions)(Notes on Significant Changes in the Amount of Shareholders' Equity)(Segment Information, etc.)(Notes on Important Subsequent Events)....……………………………………………………….……..91

1. Qualitative Information on Quarterly Consolidated Financial Performance
In association with the establishment of B-Lot Asset Management Co., Ltd. and B-Lot Singapore Pte. Ltd., theCompany prepares the quarterly consolidated financial statements from the first quarter ended June 30, 2015.
Therefore, the Company does not conduct a comparative analysis with the same period of the previous fiscal year.

(1) Qualitative Information Regarding Operating Results
Operating results for the period
During the second quarter ended June 30, 2015, the Japanese economy experienced a modest recovery. This economic
recovery was spurred by the weakening yen, rising stock prices, and improvements in corporate performance, backed
by the government’s economic measures and monetary easing policy.
The real estate industry, in which B-Lot operates, recovered steadily, overcoming the challenging economic
circumstances in the past few years. Land prices rose partly due to expanding investment from overseas on the back of
low interest rates and the weaker yen.
These developments lead to an upward trend in the real estate industry.
As a result, revenue was ¥3,234,647 thousand, operating profit was ¥332,261 thousand, and ordinary profit was¥272,512 thousand. Net profit for the period was ¥172,898 thousand.
The performance by business segment is as follows:

Real Estate Investment and Development Business
The segment sold six properties. The six properties sold were all in the Kanto (west) area, and consisted of two
housing-related real estate properties, three retail floors, and one land lot.
The segment acquired eight properties, which consisted of four housing-related real estate properties, two retail floors,
and two land lots. (Three in the Kanto (west) area, three in Hokkaido, and two in the Kansai (east) area)
There were fourteen properties in inventory for the consolidated accounting period of the second quarter. These
properties included two retail floors, and one property for a hotel revitalizing project.
All four land lots are part of a development project. The segment invested in a land lot in Niseko Town in Hokkaido
for the first time. This lot is also part of the same project.
As a result, consolidated revenue for the second quarter ended June 30, 2015 was ¥ 2,955,282 thousand, and segment
profit was ¥426,120 thousand.

Real Estate Consulting BusinessIn the Real Estate Consulting Business, contracts were concluded for a series of investment properties in all threeareas. The number of properties mediated in the brokerage business stood at eight.
There was a total of eight contracts, with three in Kanto, three in Hokkaido, and two in Kyushu.
As a result, consolidated revenue for the second quarter ended June 30, 2015 was ¥49,900 thousand, and segment
profit was ¥2,717 thousand.

Real Estate Management BusinessIn the Real Estate Management Business, the number of buildings under management in the real estate owned byclients increased to 39.
The breakdown of the areas where buildings were under management is as follows: 17 buildings in Kanto, 13
buildings in Hokkaido, and 9 buildings in Kyushu.
The segment acquired two new leasing properties to improve the profit of the segment.
As a result, consolidated revenue for the second quarter ended June 30, 2015 was ¥229,464 thousand, and segment
profit was ¥109,147 thousand.
(2) Qualitative Information Regarding Financial Positions
1. Conditions of assets
Total assets for the second quarter ended June 30, 2015 were ¥8,190,966 thousand.
2. Conditions of liabilities
Total liabilities amounted to ¥7,032,462 thousand for the second quarter ended June 30, 2015.
3. Conditions of total assets
Consolidated net assets for the second quarter ended June 30, 2015 were ¥1,158,504 thousand.
(3) Qualitative Information Regarding the Consolidated Earnings Forecast
There are no changes in the consolidated earnings forecast, as announced in the “Notice Regarding the Changes in
Earnings Forecasts,” on June 22, 2015.
Although we disclosed our earnings forecast on a non-consolidated basis on February 13, 2015, the earnings forecast
is presented on a consolidated basis in this document.

22. Matters Related to Summary Information (Notes)(1) Changes in Significant Subsidiaries during the Period
There were no changes in the specified subsidiaries that accompany a change in the range of consolidation.
Although this does not fall under a change in specified subsidiaries, we have included B-Lot Asset Management Co.,
Ltd. in the range of consolidation from the first three months of the fiscal year under review, reflecting the fact that itwas established during that same period. We also have included B-Lot Singapore Pte. Ltd. in the range of consolidationfrom the second quarter of the fiscal year.
(2) Special Accounting Methods for Preparing the Quarterly Consolidated Financial Statements:
No items to report.
(3) Changes in the Accounting Policy / Changes in Accounting Estimates and Modified Restatement:
No items to report.

3. Overview of Important Information on Going Concern Assumptions:
No items to report.

3

4. Quarterly Consolidated Financial Statements(1) Quarterly Consolidated Balance Sheets(¥thousand)As of June 30, 2015
AssetsCurrent assets
Cash and deposits
Accounts receivable
Real estate for sale
Real estate for sale in progress
Deferred tax assets
OthersTotal current assets
Fixed assets
Tangible fixed assets
Properties（Net amount)
Plot of land
OthersTotal tangible fixed assets
Intangible fixed assets
Lease hold
OthersTotal intangible fixed assets
Investment properties and others
Total fixed assets
Deferred assets
Total assets
Liabilities
Current liabilities
Short term borrowings
Current portion of long term borrowings
Current payable corporate bonds
Unpaid income tax and other
Provision for bonuses for directors and corporate auditors
Provision for after costs
OthersTotal current liabilities
Fixed liabilities
Long term borrowings
Corporate bonds
OthersTotal fixed liabilities
Total liabilities
Net assets
Shareholders’ equity
Share capital
Capital reserves
Retained earnings
Total equity
Total of other comprehensive income
Currency translation adjustment
Other comprehensive income
Total net assets
Total liabilities and equity

494,408
22,174
428,744
4,961,244
19,247645,376
6,571,196

692,874
167,240
3,294
863,409659,133
124
659,257
85,7201,608,386
11,384
8,190,966

949,900
333,264
60,000114,164
10,2002,543
291,812
1,761,884
4,645,040
540,000
85,536
5,270,577
7,032,462

408,175
329,190419,976
1,157,342

1,162
1,162
1,158,504
8,190,966

4

(2) Quarterly Consolidated Profit and Loss Statement and Consolidated Statements of Comprehensive Income
Quarterly Consolidated Profit and Loss Statement(¥thousand)

The second quarter ended June 30, 2015
Revenue
3,234,647
Cost of revenue
2,529,661
Gross profit
704,986
Selling, general and administrative expenses 372,725
Operating profit
332,261
Non-operating profit
Interest income
3,171
Commission income
13
Dividends income
5
Total of non-operating income
3,191
Non-operating expenses
Interest expense
56,296
Others6,643
Total of non-operating expenses
62,939Operating income
272,512
Income before income tax
272,512
Corporate income, inhabitant and enterprise taxes
111,090
Deferred income taxes-11,476
Total of corporate tax
99,613
Income before minority interests
172,898
Profit for the period
172,8985

Consolidated Statements of Comprehensive Income（¥ thousand)
The second quarter ended June 30, 2015
Income before minority interests
172,898
Other comprehensive income
Currency translation adjustment
1,162
Total comprehensive income for the period
1,162
Comprehensive income for the period
174,061(Breakdown)Comprehensive income attributable to owners of the parent 174,061

6

(3) Condensed Consolidated Statement of Cash Flows(¥thousand)
The second quarter ended June 30, 2015
Cash flows from operating activities
Profit before tax
272,512
Depreciation expenses
19,023
Increase (decrease) in provision for bonuses
10,200
Increase (decrease) in provision for after costs-1,758Interest and dividend income-3,177
Interest expenses and corporate bonds
56,296
Other non-operating profits and losses
6,643
Increase (decrease) in trade receivables-18,347
Increase (decrease) in inventories-1,986,664
Increase (decrease) in other current assets
44,746
Increase (decrease) in other non-current assets-14,799
Increase (decrease) in other current liabilities
40,431
Increase (decrease) in other non-current liabilities
48,084
Others607
Subtotal-1,526,200
Interest and dividends income received
3,177Interest expenses-68,942
Corporate tax and other expenses-80,091
Cash flows from operating activities-1,672,057
Cash flows from investing activities
Payment into time deposits-11,050
Proceeds from the withdrawal of time deposits
600
Purchase of properties, plants and equipment-830,741
Purchase of intangible assets-502,013
Payments of loans receivable-90,000
Increase (decrease) in investments and other assets-16,669
Cash flows from investment activities-1,449,874
Cash flows from financing activities
Proceeds from short-term borrowings
1,671,232
Repayment of short-term borrowings-3,407,033
Proceeds from long-term borrowings
3,833,000
Repayment of long-term borrowings-84,862
Proceeds from the issuance of corporate bonds
586,952
Proceeds from the issuance of common stock
6,804
Cash flows from financing activities
2,606,092
Net increase (decrease) in cash and cash equivalents-515,839
Cash and cash equivalents at the beginning of period
1,007,747
Cash and cash equivalents at the end of period
491,9087

(3) Notes to Quarterly Consolidated Financial Statements(Notes on Going Concern Assumptions)
No items to report.
(Notes on Significant Changes in the Amount of Shareholders' Equity)
No items to report.
(Segment Information, etc.)[Segment Information]
The second quarter ended June 30, 2015
Information regarding net sales and income or loss by reporting segment

Revenue
Revenue from external customers
Internal sales between individual
segments or amount transfer
Total
Segment profit

Real estate
investment
business

Real estate
consulting
business

2,955,282

49,900――2,955,282
426,120

49,9002,717

Real estate
managementbusiness

Total

229,464 3,234,647――

Amount stated
Adjustment inconsolidated
statements of(Note 1)income (Note 2)―

3,234,647―

229,464 3,234,647―
109,147
537,985 -205,724

3,234,647
332,261(Notes)1. The adjustment of minus 205,724 thousand yen posted in the segment income (loss) includes corporate expenses that are notdistributed to each reportable segment.
2. The segment profits are adjusted to the operating income reported on the quarterly consolidated statement of income.

8

(Notes on Important Subsequent Events)(Share Split)
In accordance with the resolution made at the Board Meeting held on June 22, 2015, we made decisions on newshares and the secondary offering of shares. We also decided the offer and selling price for issuance on July 7,
2015.
The public offering and third-party allotment were paid on July 14, 2015 and August 7, 2015, and the amount of
capital and capital reserves has been increased.

1. New Shares by Offering (Public Offering)
Ordinary shares, 360,000 shares
1. Type and number of issued shares¥2,697 per share
2. Issuance price970,920 thousand yen
3. Total issuance price¥2,553.50 per share
4. Payment amount
919,260 thousand yen
5. Total payment amount
6. Increase in capital
459,630 thousand yen
Increase in capital reserves
459,630 thousand yen
July 8, 2015 to July 9, 2015
7. Subscription period
July 14, 2015
8. Period for payment
2. Secondary Offering of Shares (by Way of Underwriting)
Ordinary shares, 230,000 shares
1. Type and number of issued shares¥2,697 per share
2. Selling price620,310 thousand yen
3. Total selling price
4. Underwriting price¥2,533.50 per share
587,305 thousand yen
5. Total underwriting price
July 8, 2015 to July 9, 2015
6. Subscription period
July 15, 2015
7. Period of payment
3. Secondary Offering of Shares (by Way of Over-allotment)
1. Type and number of issued shares
Ordinary shares 88,500 shares¥2,697 per share
2. Selling price
3. Total selling price238,684 thousand yen
July 8, 2015 to July 9, 2015
4. Subscription period
July 15, 2015
5. Period of payment
4. New shares offering by Third-party Allotment
1. Type and number of offering issued shares Ordinary shares 38,100 shares¥2,553.50 per share
2. Payment amount
97,288 thousand yen
3. Total payment amount
4. Increase in capital
48,644 thousand yen
Increase in capital reserves
48,644 thousand yen
July 31, 2015
5. Subscription dateAugust 7, 2015
6. Date of payment
7. Share allocation
SBI
5. Use of the Procured Funds
We plan to allocate all the funds raised from the capital increase through a public offering and the capital increase
through a private placement to the purchases of real estate for sale and real estate for sale in progress in the Real
Estate Investment and Development Business, and capital investment in real estate for rent in the Real EstateManagement Business. The payments are planned for the fiscal year ending December 31, 2015 and the fiscal year
ending December 31, 2016. We plan to flexibly acquire real estate, including real estate that has yet to be sold, byassessing the profitability of individual properties, but the properties to be acquired using the raised funds and thetiming of payment for these properties have yet to be determined. A portion of the raised funds may be allocatedafter the fiscal year ending December 31, 2016. We have acquired real estate for sale and real estate for sale inprogress, and have made capital investments in real estate in rent, using our own funds and borrowings fromfinancial institutions. We have acquired real estate flexibly, taking advantage of the increasing number of loans forreal estate acquisitions from financial institutions and low interest rates in recent years. We will make the most of
the funds raised through the capital increases and will acquire real estate flexibly, obtaining loans from financial
institutions in accordance with the circumstances. We will invest the raised funds mainly in safe financial
instruments until they are allocated to specific purchases or capital expenditures.

9