〔Delayed〕 The original disclousure in Japanese was released on November 9, 2012at 15:00(GMT+9)
November 9, 2012

Best Bridal Inc.
Consolidated Earnings Report for the Nine Months ended September 30, 2012
(Japanese GAAP)
Stock listing: Tokyo Stock Exchange (First Section)
Securities code: 2418
URL: http://www.bestbridal.co.jp/english/
Representative: Masayuki Tsukada, President and CEO
Information contact: Keiji Ishihara, Director
Tel: +81-3-5464-0081
Scheduled dates:
Filing of statutory quarterly financial report (sihanki hokokusho): November 12, 2012
Dividend payout:
Supplementary materials to quarterly financial results available: No
Quarterly earnings presentation held: No(Amounts rounded down to the nearest million yen)

1. Consolidated Performance for the Nine Months ended September 30, 2012
(January 1, 2012 – September 30, 2012)(1) Consolidated Operating Results
Net sales
million yen(percentages indicate year-on-year changes)%

Operating income
million yen%

Ordinary income
million yen%

Nine Months ended
30,400
7.1
3,008
1.7
3,021
7.7
September 30, 2012
Nine Months ended
28,3906.3
2,958 (31.4)
2,804 (31.8)
September 30, 2011
Note: Comprehensive income: Nine Months ended September 30, 2012: 1,325 million yen (47.0 %)Nine Months ended September 30, 2011: 901 million yen (- %)Net income per shareyen

Diluted net income pershareyen

5,416.99-

3,755.11-

Nine Months ended
September 30, 2012
Nine Months ended
September 30, 2011

Net income
million yen%
1,326

44.3

919

(58.9)(2) Consolidated Financial Position

September 30, 2012

Total assets
million yen
46,253Equity ratio%

Net assets
million yen
18,661

47,382
17,825December 31, 2011
Reference: Total equity: September 30, 2012: 18,661 million yen
December 31, 2011: 17,825 million yen
Total equity=Shareholders’ equity plus total accumulated other comprehensive income.

40.3
37.6

2. Dividends
End-Q1End-Q2

1

Dividend per share
End-Q3Year-end

Annual total

yen
yen
Year ended
1,000.00
December 31, 2011
Year ending
1,000.00
December 31, 2012
Year ending
December 31, 2012
(Forecast)
Note: No revision has been made to the latest dividends forecast.

yenyenyen-1,000.00

2,000.00

1,000.00

2,000.00-3. Earnings Forecast for the Fiscal Year ending December 31, 2012
(January 1, 2012 – December 31, 2012)(Percentages indicate year-on-year changes)
Net income perNet sales
million yen%

Operating income
million yen%

Year ending
43,100
3.3
7,050
10.2
December 31, 2012
Note: No revision has been made to the latest earnings forecast.

Ordinary income
million yen%

Net income
million yen
%

6,900

3,850

10.9

shareyen

44.2*Notes(1) Changes affecting the consolidation status of significant subsidiaries during the period: None
(2) Use of accounting methods specific to preparation of quarterly consolidated financial statements:
Yes*For details see, “Application of Specific Accounting Methods for the Preparation of Quarterly
Financial Statements” on page 6(3) Changes in accounting policy, changes in accounting estimates, and retrospective restatement
1) Changes in accordance with amendments to accounting standards, etc.: None
2) Changes other than noted in 1) above: None
3) Changes in accounting estimates: None
4) Retrospective restatement: None
(4) Shares issued (common stock)
September 30, 2012
1) Number of shares issued at end of period(including treasury stock)2) Number of shares held in treasury at end ofperiod

December 31, 2011

244,800

244,800--

Nine Months ended Nine Months ended
September 30, 2012 September 30, 2011
3) Average number of shares outstanding during
the period

2244,800

244,800

15,727.12

* Quarterly Review Status
This report is exempt from the review requirements of Japan’s Financial Instruments and Exchange Act.
As of this report publication, a review of the consolidated quarterly financial statements in accordance with
the Act is underway.
*Appropriate Use of Earnings Forecast and Other Important Information• The above forecasts are based on information available as of this report’s publication. Best Bridal
makes no assurances as to the actual results, which may differ from forecasts due to changes inthe business environment. For the assumptions underlying the forecasts herein and other noticeon the use of earnings forecasts, please refer to "Earnings Forecast for the Fiscal Year ending
December 31, 2012" on page 5 in the accompanying material.

3Accompanying Material – Contents
1. Review of Consolidated Financial Results(1) Operating Results(2) Financial Condition(3) Earnings Forecast for the Fiscal Year ending December 31, 2012
2. Other Information(1) Changes in Significant Subsidiaries(2) Application of Specific Accounting Methods for the Preparation of Quarterly
Financial Statements(3) Changes in Accounting Policy, Changes in Accounting Estimates, andRetrospective Restatement(4) Additional information
3. Consolidated Financial Statements(1) Consolidated Balance Sheets(2) Consolidated Statements of Income and Comprehensive Income
Consolidated Statements of Income
Consolidated Statements of Comprehensive Income(3) Note on the Going-concern Assumption(4) Note on Significant Changes in the Amount of Shareholders’ Equity(5) Segment Information
4. Supplementary Information

455556666677-89910111111-1213

Review of Consolidated Financial Results(1) Operating Results

During the first nine months of the fiscal year ending December 31, 2012 (January 1, 2012 –September 30, 2012), the Japanese economy showed signs of recovery from the standstill causedby the Great East Japan Earthquake, with reconstruction-related demand providing the mainstimulus. The economic outlook remained clouded, however, due to the European debt crisis,
protracted yen appreciation, and a slowdown in the economic growth of newly emerging
economies.
In this environment, the Best Bridal Group endeavored to increase sales and profitability bycontinually creating new value in the guest house and wedding business through high-quality,
appealing outlets and value-added services, and by taking proactive efforts to enhance businessefficiency.
As a result of the above factors, net sales for the nine months ended September 30, 2012
increased 7.1% over the same period of the previous fiscal year to ¥30,400 million, operating
income increased 1.7% year on year to ¥3,008 million, ordinary income increased 7.7% year onyear to ¥3,021 million, and net income increased 44.3% year on year to ¥1,326 million.
The following are results by business segment.
1) Domestic Operations
The addition of Omiya-Rikyu and consolidation of Hospitality Network Corporation in the previous
fiscal year, contributed to higher year-on-year sales in the domestic business during the ninemonths ended September 30, 2012. On an existing-outlet basis, sales increased as the number ofweddings and orders grew steadily.
As a result, net sales in the domestic business for the nine months ended September 30, 2012
totaled ¥28,378 million, an increase of 7.5% over the same period of the previous fiscal year, andthe segment’s operating income totaled ¥3,900 million, a year-on-year increase of 6.6%.
2) Overseas Operations
The number of weddings and orders increased during the nine months ended September 30, 2012
compared with the same period of the previous fiscal year as the overall market showed amoderate recovery and the Group strengthened its sales foundation.
Overseas business net sales totaled ¥2,022 million, a year-on-year increase of 1.1%, andoperating income for the segment totaled ¥159 million, a year-on-year increase of 67.5%.
(2) Financial Condition
Assets, Liabilities, and Net Assets
Assets at the end of the third quarter (September 30, 2012) totaled ¥46,253 million, a decrease of¥1,128 million compared with the end of the previous fiscal year (December 31, 2011) due mainly toa ¥731 million decline in cash and deposits.
Liabilities at the end of the third quarter totaled ¥27,592 million, a decrease of ¥1,964 million fromthe end of the previous fiscal year. Although advances received increased by ¥204 million, there
was a net decline of ¥807 million in debt and bonds, and a ¥1,669 million decline in income taxes
payable.
Net assets at the end of the third quarter totaled ¥18,661 million, an increase of ¥835 million
compared with the end of the previous fiscal year. The increase was due mainly to the booking of¥1,326 million in quarterly net income, which outweighed ¥489 million in dividends paid fromretained earnings.
(3) Earnings Forecast for the Fiscal Year ending December 31, 2012
There is no change to the consolidated earnings forecast for the fiscal year ending December 31,
2012, which was announced on February 13, 2012.

5

2. Other Information(1) Changes in Significant Subsidiaries
Not applicable.
(2) Application of Specific Accounting Methods for the Preparation of Quarterly Financial Statements(Simplified accounting methods)
1) Calculation method for depreciation of fixed assets
Depreciation expenses for assets to which the declining-balance method is applied are calculatedby allocating a quarterly proportion of the amount for the full fiscal year.
2) Calculation method for deferred tax assets and deferred tax liabilities
Regarding judgments on the amount of recoverable deferred tax assets, the Company has
determined that there have been no significant changes in the economic environment oremergence of temporary differences since the end of the previous fiscal year, and therefore thecalculations are based on future earnings forecasts and tax planning methods from the previousyear.
(Special accounting treatments)
Calculation of taxes
The Company calculates tax liabilities by producing a reasonable estimate of the effective tax rate
after applying tax-effect accounting to income before income taxes and minority interests for thefiscal year, which encompasses the nine months ended September 30, 2012, and then multiplying
income (loss) before income taxes and minority interests by this estimated effective tax rate. Incases where this estimated effective tax rate cannot be used, however, the statutory effective tax
rate is used.
(3) Changes in Accounting Policy, Changes in Accounting Estimates, and Retrospective
Restatement
Not applicable.
(4) Additional Information
Accounting Standard for Accounting Changes and Error Corrections and Guidance on AccountingStandard for Accounting Changes and Error Corrections
The Company has adopted the Accounting Standard for Accounting Changes and ErrorCorrections (Accounting Standards Board of Japan (ASBJ) Statement No. 24, issued December 4,2009) and Guidance on Accounting Standard for Accounting Changes and Error Corrections (ASBJ
Guidance No. 24, issued December 24, 2009) for any accounting changes or error corrections
which occur on or after the start of the first quarter of the fiscal year ending December 31, 2012.

63. Consolidated Financial Statements(1) Consolidated Balance Sheets

AssetsCurrent assets
Cash and deposits
Accounts receivable - trade
Merchandise
Raw materials and supplies
Other
Allowance for doubtful receivables
Total current assets
Fixed assets
Tangible assets
Buildings and structures, net
Land
Other, net
Total tangible assets
Intangible assets
Goodwill
Other, net
Total intangible assets
Investments and other assets
Lease and guarantee deopsits
Other
Total investments and other assets
Total fixed assets
Deferred assets
Total assets

7

December 31, 2011
Amount(millions of yen)
September 30, 2012
Amount10,640
273
47
312
1,090
(32)
12,332

9,909
296
39292
1,197(41)
11,694

16,8674,560
930
22,35816,155
4,749
1,144
22,050

1,124
245
1,370

1,062
237
1,300

5,705
5,572
11,27835,00742
47,382

5,777
5,395
11,17334,52434
46,253

December 31, 2011
Amount(millions of yen)
September 30, 2012
AmountLiabilities
Current liabilities
Accounts payable - trade
Short-term debt
Current portion of long-term debt
Current portion of bonds
Income taxes payable
Advances received
Provision for loss on cancellation of rental contract
Other
Total current liabilities

1,966
3,408
640
2,226
1,288
52
2,304
11,886

2,034
460
3,260
612
557
1,493
52
2,451
10,921

Fixed liabilities
Bonds
Long-term debt
Provision for employees’ retirement benefits
Provision for directors’ retirement benefits
Provision for loss on cancellation of rental contract
Asset retirement obligations
OtherTotal fixed liabilities
Total liabilities

2,202
12,049218
3741521,048
1,623
17,66929,556

1,640
11,520
266
584
113
1,075
1,471
16,671
27,592472
634
16,94918,056472
634
17,78518,892

(31)

(0)

(8)

(12)

(190)
(230)
17,82547,382(218)(231)
18,661
46,253

Net assets
Shareholders’ equity
Capital stock
Capital surplus
Retained earnings
Total shareholders’ equity
Accumulated other comprehensive income
Net unrealized gain on available-for-sale securities
Deferred gain (loss) on derivatives under hedge
accounting
Foreign currency translation adjustments
Total accumulated other comprehensive incomeTotal net assets
Total liabilities and net assets

8(2) Consolidated Statements of Income and Comprehensive Income
Consolidated Statements of Income

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Gain on investments in silent partnership
Foreign exchange gains
Equity in earnings of affiliates
Other
Total non-operating income
Non-operating expenses
Interest expenses
Equity in losses of affiliates
Foreign exchange losses
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sales of fixed assets
Gain on sales of business
Reversal of provision for employees’ retirement
benefits
Reversal of provision for shop closing expenses
Total extraordinary income
Extraordinary loss
Loss on disposal of fixed assets
Effect of adoption of new accounting standards for
asset retirement obligations
Loss on phased acquisition
Total extraordinary loss
Income before income taxes and minority interests
Income taxes
Income before minority interests
Net income

9Nine Months ended
September 30, 2011
Amount28,39019,673
8,716
5,758
2,958

(millions of yen)
Nine Months ended
September 30, 2012
Amount30,40020,603
9,797
6,789
3,008

31
125
10104
272

41
108
45
102
297

265
129
31
426
2,804

235
10
37
283
3,021

1470-

11-

364

0

8

74

446-

96
551
2,317
1,398
919
919

74
2,947
1,621
1,326
1,326

Consolidated Statements of Comprehensive Income

Income before minority interests
Other comprehensive income
Net unrealized gain on available-for-sale securities
Deferred gain (loss) on derivatives under hedge
accounting
Foreign currency translation adjustments
Share of other comprehensive income of affiliatesaccounted for under the equity method
Total other comprehensive income
Comprehensive income(Breakdown)Comprehensive income attributable to owners of theparent
Comprehensive income attributable to minority
interests

10(millions of yen)
Nine Months ended Nine Months ended
September 30, 2011 September 30, 2012
AmountAmount
919
1,326
(24)
40

30
(3)

(22)

(32)

(11)

4(17)
901

(0)
1,325

901

1,325--

(3) Note on the Going-concern Assumption
Not applicable(4) Note on Significant Changes in the Amount of Shareholders’ Equity
Not applicable(5) Segment Information
I. Nine Months ended September 30, 2011 (January 1 to September 30, 2011)
1. Net sales and income/loss by reportable segment(millions of yen)
Reportable segment

Amount recordedon consolidated

Domestic

Overseas

operations

operations

26,3901,999

28,390-28,390

5

10

15

-

Total

26,3952,009

28,405(15)

Segment income

3,658

95

3,753

Total

Adjustments

statements of(note 1)

income (note 2)

Net sales
Sales to outside customers
Inter-segment sales andtransfers(15)

28,390(795)2,958Note: 1. The minus 795 million yen adjustment for segment income includes 12 million yen elimination ofinter-segment sales and minus 807 million yen of unallocated corporate expenses. The main component ofthese unallocated corporate expenses is SG&A expenses that are not attributable to reportable segments.
2. Segment income (loss) adjustments are based on operating income reported on the quarterly consolidated
statements of income for the corresponding period.

2. Impairment loss on fixed assets or goodwill by reportable segment
Not applicable
II. Nine Months ended September 30, 2012 (January 1 to September 30, 2012)
1. Net sales and income/loss by reportable segment(millions of yen)
Reportable segment

Amount recordedon consolidated

Domestic

Overseas

operations

operations

28,3782,022

30,400-30,400

505-

Total

28,384

2,022

30,406(5)

Segment income (loss)

3,900

159

4,060

Total

Adjustments

statements of(note 1)

income (note 2)

Net sales
Sales to outside customers
Inter-segment sales andtransfers

11(5)30,400(1,052)

3,008

Note: 1. The minus 1,052 million yen adjustment for segment income includes 11 million yen elimination ofinter-segment sales and minus 1,064 million yen of unallocated corporate expenses. The main componentof these unallocated corporate expenses is SG&A expenses that are not attributable to reportablesegments.
2. Segment income adjustments are based on operating income reported on the quarterly consolidated
statements of income for the corresponding period.

2. Impairment loss on fixed assets or goodwill by reportable segment
Not applicable12

4. Supplementary Information
Weddings Held, Orders Received, and Sales volume1) Number of weddings held

Nine Months ended
September 30, 2011

Nine Months endedSeptember 30, 2012

Year ended
December 31, 2011

Number of weddings

Number of weddings

Number of weddings

Domestic operations

held (cases)
5,779

held (cases)
6,508

held (cases)
8,478

Overseas operations

2,026

2,097

2,768

Total

7,805

8,605

11,246

Segment

2) Orders received

Nine Months ended
September 30, 2011

Nine Months ended
September 30, 2012

Year ended
December 31, 2011

Orders

Order

Orders

Order

Orders

Order

Segment

receivedbacklog

receivedbacklog

receivedbacklog

Domestic operations(cases)6,479(cases)6,044(cases)8,166(cases)7,120(cases)
8,596(cases)5,462Overseas operations

2,206

1,572

2,376

1,733

2,830

1,454

Total

8,685

7,616

10,542

8,853

11,426

6,9163) Sales volumeSegment

Nine Months ended
September 30, 2011

Nine Months ended
September 30, 2012

Year ended
December 31, 2011

million yen

million yen

million yen

Domestic operations

26,39028,37838,986

Overseas operations

1,999

2,022

2,755

Total

28,39030,40041,741

Notes: 1. Inter-segment transactions have been eliminated from the amounts shown above.
2. The above amounts do not include consumption tax.

13