Consolidated Financial Results
for the Second Quarter of the Fiscal Year 2019
Ending March 31, 2020
[Japanese GAAP]
November 8, 2019

Company name: JAMCO Corporation
Stock exchange listing: Tokyo Stock Exchange
Stock Exchange Code: 7408
URL: https://www.jamco.co.jp/
Representative: Harutoshi Okita, President & CEO
Contact: Kentaro Goto, Director & Managing Executive Officer
Phone: +81-42-503-9145
The date of filing quarterly securities report: November 11, 2019
The start date of payout of dividend: —Availability of supplementary briefing material on quarterly financial results: Yes
Schedule of quarterly financial results briefing session: Yes (for institutional investors)(Amounts are rounded down to the nearest million yen.)
1. Consolidated Operating Results for the Second Quarter of the Fiscal Year 2019 (from April 1, 2019 to
September 30, 2019)(1) Consolidated Operating Results(%: Changes from the previous corresponding period)
Net sales

Operating income

Net income attributable
to shareholders ofparent company

Ordinary income

For the second
Million yen%
Million yen%
Million yen%
Million yen
quarter of
Fiscal year 201940,5540.5
784(63.6)
384(84.0)
73
Fiscal year 2018
40,354
6.1
2,152
12.9
2,394
27.9
1,430
(Note) Comprehensive income: The second quarter of fiscal year 2019: ¥ (108) million [-%]The second quarter of fiscal year 2018: ¥1,566 million [17.1%]

For the second
quarter of
Fiscal year 2019
Fiscal year 2018

Net income per share

Diluted net income
per share

Yen

Yen

2.73
53.32

-

(2) Consolidated Financial Position
Total assets
Million yen

Net assets

Equity ratio

Million yen%

As of September 30, 2019108,797
30,045
As of March 31, 2019
102,980
30,715(Reference) Equity: As of September 30, 2019: ¥29,514 million
As of March 31, 2019: ¥30,173 million

27.1
29.3

%

(94.9)
38.2

2. Dividend distribution
Dividend distribution per share
1stquarter-end

2ndquarter-end
Yen

3rd
quarter-end
Yen

Year-end
Yen

Fiscal year 2018
0.00
Fiscal year 2019
0.00
Fiscal year 2019
(Planned)(Note) Revision to the plan of dividend distribution announced most recently: Yes

Total
Yen

Yen

20.0

20.0

20.0

20.0

The plan of year-end dividend distribution was revised. For details, please refer to “Notice of Revision to the FullYear Consolidated Financial Results Forecast and Plan of Dividend Distribution” announced today.
3. Consolidated Financial Results Forecast for the Fiscal Year 2019 (from April 1, 2019 to March 31, 2020)(%: Changes from the previous fiscal year)
Net income
attributable to
Net income
Net sales
Operating income
Ordinary income
shareholders ofper share
parent company
Million yen% Million yen% Million yen%

Million yen%

Yen

Full year
92,600 10.1
2,900 (32.9)
2,200(33.1)
1,300 (31.9)(Note) Revision to the forecast of consolidated financial results announced most recently: Yes

48.46

The consolidated financial results forecast was revised. For details, please refer to “Notice of Revision to the FullYear Consolidated Financial Results Forecast and Plan of Dividend Distribution” announced today.
* Notes:(1) Changes in significant subsidiaries during this quarter of the fiscal year 2019: None
(2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements: None
(3) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards: Yes
2) Changes in accounting policies other than 1) above: None
3) Changes in accounting estimates: None
4) Retrospective restatement: None
(4) Number of common shares issued
1) Number of common shares outstanding (including the number of treasury stock):
As of September 30, 2019: 26,863,974 shares
As of March 31, 2019: 26,863,974 shares
2) Number of treasury stock:
As of September 30, 2019: 38,932 shares
As of March 31, 2019: 38,832 shares
3) Average number of common shares outstanding:
2nd quarter of FY 2019: 26,825,099 shares
2nd quarter of FY 2018: 26,825,201 shares

*Notes:*1. This document is an English translation of a statement written initially in Japanese. The Japanese original
document should be considered as the primary version.
*2. These quarterly financial results are outside the scope of quarterly review by certified public accountants or audit
firms.
*3. Explanation of the proper use of financial results forecast and other notes
The earnings forecasts and other statements herein are based on information currently available to the Company
and certain premises that the Company deems to be reasonable. Actual results may differ significantly from these
forecasts due to a wide range of factors.
The Company intends to hold a briefing session for institutional investors on November 19, 2019. The materials
distributed at the briefing session are scheduled to be posted on the Company’s corporate website.

Table of Contents
1. Qualitative Information on Quarterly Financial Results for the Period under Review ........................ 2(1) Explanation of Operating Results ................................................................................................. 2(2) Explanation of Financial Position................................................................................................. 4(3) Explanation of Consolidated Financial Results Forecast and Other Forward-looking Information. 4
2. Quarterly Consolidated Financial Statements and Primary Notes...................................................... 6(1) Quarterly Consolidated Balance Sheets ........................................................................................ 6(2) Quarterly Consolidated Statements of Income and Comprehensive Income .................................. 8
Quarterly Consolidated Statements of Income.............................................................................. 8
Quarterly Consolidated Statements of Comprehensive Income ..................................................... 9(3) Quarterly Consolidated Statements of Cash Flows...................................................................... 10(4) Notes to Quarterly Consolidated Financial Statements.................................................................11(Notes on going concern assumption) .....................................................................................11(Notes in the case of significant changes in shareholders’ equity)............................................11(Changes in accounting policies) ............................................................................................11(Segment information, etc.) ................................................................................................... 121

1. Qualitative Information on Quarterly Financial Results for the Period under Review(1) Explanation of Operating Results
During the second quarter of FY 2019, there were growing signs of a slowdown in the global economy amid
weakness in the Chinese and European economies due mainly to concerns on rising tension over the trade issue
between the U.S. and China as well as confusion stemming from Brexit, despite continued moderate growth in
the U.S. economy. The dollar-yen exchange rate generally showed a trend of a yen appreciation, moving within
the range of the lower ¥112 to the lower ¥105 per US$1.
In the air transportation industry, while fierce competition continues due to aggressive efforts of low-costcarriers (LCCs), major airlines are launching various strategies such as securing new flight routes, enhancing
passenger cabin services, and entering into LCC business as a result of growing global demand for airtransportation. Although the impact of the Boeing 737 MAX aircraft grounding is a matter of temporary concern,
both Boeing and Airbus have continued to maintain a high level of order backlog, backed by rising aircraft
demand over the medium to long term. With plans to increase production of some models, along with progressin the development of new models aiming at improved fuel efficiency, the aircraft market is expected to remainrobust.
Under such circumstances, in the aircraft interiors business and the aircraft seat business, we worked to
identify the cause and verify safety in response to the inappropriate quality issues announced on March 26, 2019,and implemented corrective/preventive measures, while proceeding with efforts to raise awareness of bothcompliance and quality to a higher level.
Meanwhile, the business class seat “Venture” developed by the Company was installed on the Boeing 787,
which went into operation by KLM Royal Dutch Airlines.
In the aircraft components business, we took initiatives to improve productivity, while proceeding with inhouse production of interiors and seat parts by applying the metal processing technologies we have accumulated
over the years.
In the aircraft maintenance business, we continued with initiatives to ensure flight safety and enhance quality,
while endeavoring to expand aircraft maintenance for airlines such as by opening the Itami Branch.
As a result, on a consolidated basis, during the second quarter of FY 2019, the Company posted net sales of¥40,554 million (up ¥200 million compared to the same period of the previous fiscal year), operating income of¥784 million (down ¥1,368 million compared to the same period of the previous fiscal year), ordinary income of¥384 million (down ¥2,010 million compared to the same period of the previous fiscal year) and net income
attributable to shareholders of parent company of ¥73 million (down ¥1,357 million compared to the same periodof the previous fiscal year).
Provision for loss on construction contracts of ¥3,713 million for construction to be completed in or after thequarterly third quarter of FY 2019 was recognized as of September 30, 2019. The impact of this provision forloss on construction contracts on income (loss) for the quarterly second quarter of FY 2019 was an increase of¥260 million in cost of sales (provision for loss on construction contracts as of June 30, 2019 was ¥3,452 million)
and, for the cumulative second quarter of FY 2019, a decrease of ¥67 million in cost of sales (provision for loss
on construction contracts at the end of the previous fiscal year was ¥3,781 million).
Selling, general and administrative expenses, non-operating income (expenses), and extraordinary income(loss) are as follows:
Selling, general and administrative expenses were ¥3,878 million (a decrease of ¥580 million compared tothe same period of the previous fiscal year), due mainly to decreases in warranty expenses and sales commissions.
In terms of non-operating income (expenses), an expense of ¥400 million was reported due mainly to a
deterioration in foreign exchange gains (losses) resulting from the appreciation of the yen in the foreign exchange
market from the end of the previous fiscal year (an income of ¥242 million in the same period of the previous
fiscal year).
As for extraordinary income (loss), a loss of ¥256 million was reported due mainly to loss related to quality2(a loss of ¥126 million in the same period of the previous fiscal year).
Business performance by segment is as follows.
[Aircraft Interiors Business]
In the aircraft interiors business, net sales decreased from the same period of the previous fiscal year due to atemporary delay in the shipment of products owing to the response to inappropriate quality issues. Ordinary
income decreased from the same period of the previous fiscal year, mainly reflecting a decline in the number of
shipments of profitable programs compared with the favorable number in the same period of the previous fiscal
year and foreign exchange losses incurred, in addition to the impact of a decrease in net sales and increases inpersonnel expenses and transportation costs for improving shipment delays.
As a result, the aircraft interiors business posted net sales of ¥27,066 million (down ¥463 million comparedto the same period of the previous fiscal year) and ordinary income of ¥955 million (down ¥2,128 million
compared to the same period of the previous fiscal year).
[Aircraft Seat Business]
In the aircraft seat business, net sales increased from the same period of the previous fiscal year due to theshipment of the business class seat “Venture.” Meanwhile, an ordinary loss was reported due mainly to additional
expenses incurred as a result of shifting orders to other production bases following the temporary suspension of
production owing to responses to inappropriate quality issues at Miyazaki JAMCO Corporation, as well as
foreign exchange losses incurred.
As a result, the aircraft seat business posted net sales of ¥7,238 million (up ¥277 million compared to thesame period of the previous fiscal year) and ordinary loss of ¥728 million (ordinary loss of ¥674 million in thesame period of the previous fiscal year).
[Aircraft Components Business]
In the aircraft components business, net sales remained flat over the same period of the previous fiscal year.
Meanwhile, an ordinary loss was reported due mainly to the postponement of shipments of some profitable
programs to the quarterly third quarter and thereafter, as well as foreign exchange losses incurred.
As a result, the aircraft components business posted net sales of ¥2,658 million (up ¥2 million compared tothe same period of the previous fiscal year) and ordinary loss of ¥124 million (ordinary loss of ¥62 million in thesame period of the previous fiscal year).
[Aircraft Maintenance Business]
In the aircraft maintenance business, net sales increased from the same period of the previous fiscal year due
to continued solid performance of aircraft maintenance and equipment maintenance for airlines. In addition,
ordinary income increased from the same period of the previous fiscal year due mainly to the impact of anincrease in net sales and initiatives to improve profitability.
As a result, the aircraft maintenance business posted net sales of ¥3,590 million (up ¥384 million comparedto the same period of the previous fiscal year) and ordinary income of ¥283 million (up ¥235 million comparedto the same period of the previous fiscal year).
[Others]
The Others segment includes the businesses of the consolidated subsidiary Orange JAMCO Corporation, andwe were able to make steady progress mainly in inter-segment transactions, including assistance work in theaircraft interiors business.
As a result, the Others segment posted net sales of ¥0 million (up ¥0 million compared to the same period of
the previous fiscal year) and ordinary loss of ¥1 million (ordinary income of ¥0 million in the same period of theprevious fiscal year).

3(2) Explanation of Financial Position[Assets, liabilities and net assets]
Total assets as of September 30, 2019 amounted to ¥108,797 million, up ¥5,816 million from the end of theprevious fiscal year. Of such, total current assets increased by ¥5,867 million from the end of the previous fiscal
year, due mainly to an increase in raw materials and supplies (up ¥2,927 million compared to the end of theprevious fiscal year), an increase in work in process (up ¥2,255 million compared to the end of the previous fiscal
year) and an increase in notes and accounts receivable – trade (up ¥1,608 million compared to the end of theprevious fiscal year), despite a decrease in cash and deposits (down ¥1,950 million compared to the end of theprevious fiscal year). Total non-current assets decreased by ¥50 million from the end of the previous fiscal year
due to decreases in property, plant and equipment (down ¥59 million compared to the end of the previous fiscal
year) and investments and other assets (down ¥50 million compared to the end of the previous fiscal year), andan increase in intangible assets (up ¥59 million compared to the end of the previous fiscal year) as a result ofrelatively limited investment for the second quarter of FY 2019.
Total liabilities amounted to ¥78,751 million, up ¥6,486 million from the end of the previous fiscal year. This
was attributable primarily to an increase in short-term loans payable (up ¥8,305 million compared to the end of
the previous fiscal year) and an increase in notes and accounts payable – trade (up ¥1,101 million compared tothe end of the previous fiscal year), which offset the decrease in income taxes payable (down ¥1,303 million
compared to the end of the previous fiscal year).
Total net assets amounted to ¥30,045 million, down ¥669 million from the end of the previous fiscal year.
This was due primarily to a decrease in retained earnings (down ¥463 million compared to the end of the previous
fiscal year) as a result of cash dividend payment and other factors. As a result, the equity ratio stood at 27.1%.
[Cash flows]
During the second quarter of FY 2019, cash and cash equivalents on a consolidated basis amounted to a cash
outflow of ¥1,793 million, as a result of the cash flows described below.
(Cash flows from operating activities)
During the second quarter of FY 2019, net cash used in operating activities amounted to a cash outflow of¥8,033 million. This was due to a cash outflow from increases in inventories and notes and accounts receivable– trade.
(Cash flows from investing activities)
During the second quarter of FY 2019, net cash used in investing activities amounted to a cash outflow of¥1,226 million due mainly to outflows from the purchase of property, plant and equipment.
(Cash flows from financing activities)
During the second quarter of FY 2019, net cash provided by financing activities amounted to a cash inflow of¥7,507 million. The cash inflow was mainly because proceeds from loans payable from financial institutions
exceeded outflows from repayments of loans payable.
(3) Explanation of Consolidated Financial Results Forecast and Other Forward-looking Information
Net sales for the cumulative second quarter of FY 2019 decreased due to a temporary delay in shipments ofsome products as a result of responses to inappropriate quality issues related to the aircraft interiors business andthe aircraft seat business. Products that have been delayed in shipment is expected to be shipped out from thequarterly third quarter of FY 2019 during which corrective/preventive measures will be implemented for the
inappropriate quality issues. As such, net sales are expected to recover from the consolidated financial results
forecast announced on May 10, 2019. There have been no cancellations of orders and recalls.
Meanwhile, income is expected to decrease due mainly to the impact of losses incurred through the cumulative
second quarter of FY 2019, including additional expenses related to responses to the inappropriate quality issues,
increases in personnel expenses and transportation costs for improving shipment delays, and expenses for shiftingorders to other production bases as a response measure to the temporary suspension of production, as well as anadditional provision for loss on construction contracts recorded as a result of an increase in the costs of some4

programs. Accordingly, the consolidated financial results forecast for the fiscal year ending March 31, 2020 has
been revised.
In addition, the exchange rate in or after the quarterly third quarter of FY 2019 assumed for the consolidated
financial results forecast is unchanged at ¥105 per US$1.
For details, please refer to “Notice of Revision to the Full Year Consolidated Financial Results Forecast and Planof Dividend Distribution” announced today.

52. Quarterly Consolidated Financial Statements and Primary Notes(1) Quarterly Consolidated Balance Sheets(Thousand yen)
As of March 31, 2019
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Merchandise and finished goods
Work in process
Raw materials and supplies
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Intangible assets
Investments and other assets
Total non-current assets
Total assets
Liabilities
Current liabilities
Notes and accounts payable - trade
Electronically recorded obligations - operating
Short-term loans payable
Current portion of long-term loans payable
Income taxes payable
Advances received
Accrued expense-salary
Provision for loss on construction contracts
Provision for loss related to quality
Other
Total current liabilities
Non-current liabilities
Long-term loans payable
Liability for employee retirement benefits
Provision for loss on compensation
Other
Total non-current liabilities
Total liabilities

6

As of September 30, 20195,822,330
22,571,490
2,240,670
30,282,883
16,203,864
3,484,320(3,388)80,602,172

3,872,306
24,179,717
1,999,006
32,538,825
19,130,992
4,757,009(8,542)
86,469,315

13,988,321
1,750,249
6,640,107
22,378,679
102,980,852

13,928,421
1,809,783
6,589,905
22,328,110
108,797,426

8,821,292
8,910,255
17,404,112
2,300,000
1,465,270
10,675,352
1,696,645
3,781,190
67,8174,434,703
59,556,639

9,923,115
9,067,411
25,709,187
2,100,000
161,727
10,343,259
1,734,387
3,713,496
3,203,822
65,956,407

3,700,000
7,070,783
921,541
1,016,411
12,708,736
72,265,376

3,600,000
7,076,802
964,609
1,153,731
12,795,143
78,751,550

(Thousand yen)
As of March 31, 2019
Net assets
Shareholders’ equity
Capital stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Accumulated adjustment for employee retirement
benefits
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets

7

As of September 30, 2019

5,359,893
4,309,484
20,413,755(30,968)
30,052,165

5,359,893
4,309,484
19,950,489(31,175)
29,588,692

166,007
50,597
121,844

133,022
46,125(51,365)(217,091)(201,822)

121,358
541,951
30,715,475
102,980,852(74,040)
531,223
30,045,875
108,797,426

(2) Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statements of Income
Second Quarter of the Fiscal Year (from April 1 to September 30)(Thousand yen)
The second quarter of FY 2018
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividend income
Foreign exchange gains
Share of profit of entities accounted for using equity
methodSubsidy income
Other
Total non-operating income
Non-operating expenses
Interest expenses
Foreign exchange losses
Compensation expenses
Other
Total non-operating expenses
Ordinary income
Extraordinary loss
Loss on disposal of non-current assets
Loss on disaster
Loss related to quality
Total extraordinary loss
Income before taxes
Income taxes – current
Income taxes – deferred
Total income taxes
Net income
Net income (loss) attributable to non-controllingshareholders
Net income attributable to shareholders of parent company

8

The second quarter of FY 201940,354,098
33,741,683
6,612,414
4,459,675
2,152,738

40,554,735
35,891,354
4,663,381
3,878,864
784,516

18,2053,794
438,042

24,545
4,182-

26,1172,868

68,70723,859578,726

67,94057,103
156,640

194,990
70,106
71,418336,515
2,394,949

206,447
193,256
56,950100,423
557,077
384,080

126,835
126,835
2,268,114
854,842(1,573)
853,269
1,414,844

13,32912,440230,663
256,433
127,646
63,893(42,870)
21,022
106,623(15,601)

33,3861,430,446

73,236

Quarterly Consolidated Statements of Comprehensive Income
Second Quarter of the Fiscal Year (from April 1 to September 30)(Thousand yen)
The second quarter of FY 2018 The second quarter of FY 2019
Net income
Other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Adjustment for employee retirement benefits
Share of other comprehensive income of entities
accounted for using equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to shareholders ofparent company
Comprehensive income attributable to non-controllingshareholders

9

1,414,844

106,623

24,521(237,506)
332,592
27,383(32,985)(4,471)(192,645)
15,268

4,877-

151,868
1,566,713(214,834)(108,210)

1,537,267(122,162)

29,446

13,952

(3) Quarterly Consolidated Statements of Cash Flows
Second Quarter of the Fiscal Year (from April 1 to September 30)(Thousand yen)
The second quarter of FY 2018
Cash flows from operating activities
Income before taxes
Depreciation
Increase (decrease) in liability for employee retirement
benefits
Increase (decrease) in provisions
Interest and dividend income
Interest expenses
Foreign exchange losses (gains)Share of loss (profit) of entities accounted for using
equity method
Decrease (increase) in notes and accounts receivable trade
Decrease (increase) in inventories
Increase (decrease) in notes and accounts payable trade
Increase (decrease) in advances received
Decrease/increase in consumption taxes
receivable/payable
Other
SubtotalInterest and dividend income received
Interest expenses paid
Income taxes paid
Net cash provided by (used in) operating activities
Cash flows from investing activities
Purchase of property, plant and equipment
Proceeds from sales of property, plant and equipment
Purchase of investment securities
Payments of loans receivableCollection of loans receivable
Decrease (increase) in time deposits
Other
Net cash provided by (used in) investing activities
Cash flows from financing activities
Increase in short-term loans payable
Decrease in short-term loans payable
Proceeds from long-term loans payable
Repayments of long-term loans payable
Repayments of lease obligations
Purchase of treasury stock
Cash dividends paid
Cash dividends paid to non-controlling shareholders
Net cash provided by (used in) financing activities
Effect of exchange rate changes on cash and cash
equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents, beginning of period
Cash and cash equivalents, end of period10

The second quarter of FY 2019

2,268,114
1,057,010

127,646
1,307,280

137,474(39,790)436,375(21,999)
194,990
334,427

18,362(28,728)
206,447(112,159)(26,117)(2,868)2,687,201(2,796,311)(2,942,164)(5,097,796)

1,159,455

1,318,418

271,566(423,239)(17,981)(33,962)(111,858)
5,426,493
40,678(191,857)(548,537)
4,726,775(993,167)(6,549,868)
28,728(210,244)(1,301,621)(8,033,004)(687,767)
523(251,040)(1,000)1,260
220,520(167,131)(884,635)(1,019,545)
3,315
(498)
1,220
108,630(319,942)(1,226,820)

34,881,520(38,531,947)
1,200,000(600,000)(119,886)(108)(535,184)(54,100)(3,759,706)

35,921,928(27,402,716)
400,000(700,000)(151,635)(207)(535,658)(24,680)
7,507,030

76,585(40,468)

159,019
2,399,235
2,558,255(1,793,263)
4,046,170
2,252,906

(4) Notes to Quarterly Consolidated Financial Statements(Notes on going concern assumption)
There is no relevant information.
(Notes in the case of significant changes in shareholders’ equity)
There is no relevant information.
(Changes in accounting policies)
The second quarter of FY 2019(from April 1, 2019 to September 30, 2019)(Changes in accounting policies)
Overseas consolidated subsidiaries which adopt the International Financial Reporting Standards (IFRS)
have adopted IFRS 16 Leases from the first quarter of FY 2019.
The impact of the adoption of this accounting standard on quarterly consolidated financial statements isminor.

11

(Segment information, etc.)[Segment information]
I. For the second quarter of FY 2018
1. Information on net sales and income (loss) by reportable segment(Thousand yen)
Aircraft
Interiors
Business
Net sales
Net sales to outside
customers
Inter-segment net sales ortransfers
Total
Segment income (loss)

Reportable segment
Aircraft
Aircraft
Aircraft Seat
Components MaintenanceBusiness
Business
Business

Total

Others(Note)

Total

27,530,537

6,960,877

2,656,783

3,205,887

40,354,085

12

40,354,098

808,450

120,359

9,509

26,734

965,053

54,481

1,019,534

28,338,988
3,083,481

7,081,236(674,484)

2,666,292(62,289)

3,232,621
47,74541,319,139
2,394,453

54,493496

41,373,632
2,394,949(Note) The Others segment includes the businesses of affiliate Orange JAMCO Corporation. Orange JAMCO
Corporation is a special-purpose subsidiary, dedicated to promoting the employment of people withdisabilities and provides assistance work in the Company’s factories, which is one of the corporate social
responsibilities.
2. Differences between the total amount of income (loss) of reportable segments and the amounts in the Quarterly
Consolidated Statement of Income and the major details of such differences(Matters relating to adjustment of differences)(Thousand yen)
IncomeReportable segments total
Income of Others
Ordinary income in the Quarterly Consolidated Statement of
IncomeAmount3. Information on impairment loss on non-current assets and goodwill by reportable segment
There is no relevant information.

12

2,394,453
496
2,394,949

II. For the second quarter of FY 2019
1. Information on net sales and income (loss) by reportable segment(Thousand yen)
Aircraft
Interiors
Business
Net sales
Net sales to outside
customers
Inter-segment net sales ortransfers
Total
Segment income (loss)

Reportable segment
Aircraft
Aircraft
Aircraft Seat
Components MaintenanceBusiness
Business
Business

Total

Others(Note)

Total

27,066,707

7,238,872

2,658,885

3,590,240

40,554,706

29

40,554,735

279,727

85,95924,22238,509428,419

54,791

483,210

27,346,434
955,121

7,324,832(728,197)

2,683,108(124,659)

3,628,750
283,616

40,983,126
385,881

54,820(1,801)

41,037,946
384,080(Note) The Others segment includes the businesses of affiliate Orange JAMCO Corporation. Orange JAMCO
Corporation is a special-purpose subsidiary, dedicated to promoting the employment of people withdisabilities and provides assistance work in the Company’s factories, which is one of the corporate social
responsibilities.
2. Differences between the total amount of income (loss) of reportable segments and the amounts in the Quarterly
Consolidated Statement of Income and the major details of such differences(Matters relating to adjustment of differences)(Thousand yen)
IncomeReportable segments total
Income of Others
Ordinary income in the Quarterly Consolidated Statement of
IncomeAmount3. Information on impairment loss on non-current assets and goodwill by reportable segment
There is no relevant information.

13

385,881(1,801)
384,080