Note:This document is a translation of a part of the original Japanese version and provided for reference purposes only. In the event of any discrepancy
between the Japanese original and this English translation, the Japanese original shall prevail.

Consolidated Financial Results
for the Three Months Ended March 31, 2018 [Japanese GAAP]May 14, 2018
Company name:
SAKATA INX CORPORATION
Stock exchange listing: Tokyo
Code number:
4633
URL:
http://www.inx.co.jp/
Representative:
Kotaro Morita
Representative Director, President & CEOContact:
Daisuke Sugahara General Manager, Finance & Accounting Div.
Phone:+81-6-6447-5823
Scheduled date of filing quarterly securities report:
May 14, 2018
Scheduled date of commencing dividend payments:
Availability of supplementary briefing material on quarterly financial results:
Yes
Schedule of quarterly financial results briefing session:
No(Amounts of less than one million yen are rounded down)
1. Consolidated Financial Results for the Three Months Ended March 31, 2018 (January 1, 2018 to March 31, 2018)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Net income attributable
Net sales
Operating incmeOrdinary income
to owners of parent
Million yen%
Million yen%
Million yen%
Million yen%Three months ended
38,7920.3
1,406(45.0)
2,002(36.1)
1,512(46.8)
March 31, 2018
March 31, 2017
38,686
2.8
2,560
0.2
3,132
(2.0)
2,841
29.3
(Note) Comprehensive income: Three months ended March 31, 2018:¥ (1,118) million [-%]
Three months ended March 31, 2017:¥ 1,132 million [-%]
Basic earnings
per share
Three months ended
March 31, 2018
March 31, 2017

Diluted earnings
per share
YenYen25.90
47.80-(2) Consolidated Financial Position
Total assets

Equity ratio

Net assets

Million yen
As ofMarch 31, 2018
142,201
December 31, 2017
145,489(Note) Equity: As of March 31, 2018:¥ 73,568 million
As of December 31, 2017: ¥ 75,650 million

Net assets per share

Million yen%

Yen

76,622
78,76651.7
52.0

1,259.74
1,295.39

2. Dividends
Annual dividends
3rdYear-endquarter-end

1stquarter-end

2ndquarter-end

Yen

Yen

Yen

Yen

Yen

Fiscal year ended December 31, 2017
Fiscal year ending December 31, 2018
Fiscal year ending December 31, 2018(Forecast)(Note) Revision to the forecast for dividends announced most recently:

14.00

-

16.00

30.00

15.00

-

15.00

30.00

TotalNo

3. Consolidated Financial Results Forecast for the Fiscal Year Ending December 31, 2018(January 1, 2018 to December 31, 2018)(% indicates changes from the previous corresponding period.)
Net income
Basic earnings
Net sales
Operating income Ordinary income
attributable toper shareowners of parent
Million yen% Million yen% Million yen

Six months ended June 30, 2018
80,4004.0
3,300 (27.6)
Full year
164,500
4.6
7,500 (12.5)(Note) Revision to the financial results forecast announced most recently:
No

4,300
9,500% Million yen(27.4)(15.6)

3,000
6,600%Yen(35.2)(21.3)

51.37
113.01

* Notes:(1) Changes in significant subsidiaries during the three months ended March 31, 2018(changes in specified subsidiaries resulting in changes in scope of consolidation):No(2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements:

No(3) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards:
2) Changes in accounting policies other than 1) above:3) Changes in accounting estimates:
4) Retrospective restatement:

NoNo
NoNo

(4) Total number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury shares):
March 31, 2018:
62,601,161 shares
December 31, 2017:
62,601,161 shares2) Total number of treasury shares at the end of the period:
March 31, 2018:
4,201,582 shares
December 31, 2017:
4,201,482 shares
3) Average number of shares during the period:
Three months ended March 31, 2018:
Three months ended March 31, 2017:

58,399,617 shares
59,453,900 shares*This consolidated financial results are not subject to quarterly review procedures.
*Explanation of appropriate use of financial forecasts and other special notes
The above financial forecasts are based on the current available information in the Company and certain reasonableassumption to the Company, and we don't commit to achieve these forecasting numbers. Actual results may differ from theseforecasts by a variety of reasons.
*Supplementary information will be disclosed on TDnet on May 14, 2018 and will be uploaded on the Company's website.

Quarterly Consolidated Financial Statements
Quarterly Consolidated Balance Sheets(Million yen)
As of December 31,2017
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
Buildings and structures, net
Machinery, equipment and vehicles, netLand
Leased assets, net
Construction in progress
Other, net
Total property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets
Liabilities
Current liabilities
Notes and accounts payable - trade
Short-term loans payable
Current portion of long-term loans payable
Accrued expenses
Income taxes payable
Provision for bonuses
Other
Total current liabilities
Non-current liabilities
Long-term loans payable
Net defined benefit liability
Asset retirement obligations
Other
Total non-current liabilities
Total liabilities－1－

As of March 31,2018

10,00245,098
9,898
1,096
7,642
2,856
(395)
76,1996,543
44,889
9,569
1,067
8,065
2,781
(407)
72,51016,823
9,472
8,786

16,712
10,424
8,731

619
918
411
37,032
851

669
979
378
37,896755

29,2072,662(463)
31,40569,290145,489

28,4083,094(462)
31,03969,691
142,201

29,332
5,343
4,188
3,623
993
647
3,839
47,96829,666
5,373
3,496
3,053
421
1,170
3,917
47,099

6,157
5,026
71
7,499
18,754
66,723

6,135
4,971
71
7,301
18,47965,579(Million yen)
As of December 31,2017
Net assets
Shareholders' equity
Capital stock
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets－2－

As of March 31,2018

7,472
5,672
65,638(4,046)74,737

7,472
5,672
66,125(4,046)75,224

4,957
2(2,611)(1,434)912
3,116
78,766
145,489

4,676
5(4,941)(1,396)(1,656)
3,053
76,622
142,201

Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statements of Income (For the three months)(Million yen)
For the three months
ended March 31,2017
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest incomeDividend income
Equity in earnings of affiliates
OtherTotal non-operating income
Non-operating expenses
Interest expenses
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sales of investment securities
Insurance income
Total extraordinary income
Extraordinary losses
Loss on disaster
Loss on retirement of property, plant and equipment
Total extraordinary losses
Net income before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
Net income
Net income attributable to non-controlling interests
Net income attributable to owners of parent－3－

For the three months
ended March 31,2018

38,686
29,219
9,467
6,907
2,560

38,792
30,464
8,328
6,921
1,406

17
5
474
140
637

14
100
458
116
689

60
5
65

54
39
94

3,132

2,002

1,109
1,109

86
86

131
131
4,110
1,188
(72)
1,116
2,993
151
2,841

7
7
2,081
533
(62)
471
1,610
98
1,512

Quarterly Consolidated Statements of Comprehensive Income (For the three months)(Million yen)
For the three months
ended March 31,2017
Net income
Other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax
Share of other comprehensive income of affiliates accounted
for using equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests－4－

For the three months
ended March 31,2018

2,993

1,610

(624)
1(1,038)
48(258)0(1,929)
34(247)(576)(1,861)
1,132(2,729)(1,118)1,087
45(1,056)(62)