FOR TRANSLATION PURPOSE ONLYDISCLAIMER
This English translation is only for reference purpose. When there are any discrepancies between original
Japanese version and English translation version, the original Japanese version always prevails.
November 2, 2016

Summary of Financial Results of the Second Quarter of the Fiscal Year Ending March 31, 2017
[Japanese standards] (Consolidated)
Stock Exchange listings: Tokyo
Company name:
SATO RESTAURANT SYSTEMS COMPANY LIMITED
Securities code:
8163
URL: http://www.sato-restaurant-systems.co.jp
Representative:
Yoshitaka Shigesato, President & Chief Executive Officer
Contact:
Masahiro Tanaka, Director & Head of Corporate Planning Division
Tel: +81-6-7222-3101
Scheduled date of filing of quarterly report:
November 10, 2016
Scheduled date of payment of dividend:
N/A
Preparation of supplementary references regarding quarterly results:
No
Holding the briefing of quarterly results:
Yes (For institutional investors and analysts)(All amounts are rounded down to the nearest million yen)( means negative)

1. Financial results of the Second Quarter of the Fiscal Year Ending March 31, 2017 (Apr. 1, 2016 – Sep. 30, 2016)(1) Consolidated operating results (cumulative total)(Percentages represent changes from previous year)
Net sales

Operating income

Income attributable toowners of parent

Ordinary income

Million yen%

Million yen%

Million yen%

Million yen%

20,291
19,704

3.0
5.7

59
504

88.2
9.5

134
428

―
26.7

511
182

―
40.3

2Q FY03/2017
2Q FY03/2016

2Q FY03/2017: 528 million yen (－%)
2Q FY03/2016:
163 million yen (52.0%)(Note) Comprehensive income

Net income per share

Diluted net income per share
Yen

Yen

―
―

15.39
5.88

2Q FY03/2017
2Q FY03/2016(2) Consolidated financial position

Total assets

Net assets

Equity ratio

Net assets per share

Million yen

Million yen%

Yen

28,93027,82013,837
14,53147.5
51.8

413.94434.352Q FY03/2017
FY03/2016(Reference) Shareholders equity: 2Q FY03/2017:
FY03/2016:

13,746 million yen
14,424 million yen

2. Dividends
Annual dividend per share
1Q-end2Q-endYen

FY03/2016
FY03/2017
FY03/2017 (forecasts)－－

Year-end

3Q-end
Yen

Yen

－
－

Total
Yen

Yen

－

5.00

5.00

－

5.00

5.00

(NOTE) Revisions to dividend forecasts published most recently: None

3. Consolidated performance forecasts for the Fiscal Year Ending March 31, 2017 (April 1, 2016 – March 31, 2017)(Percentages represent changes from previous year;  means negative)

Net sales

Full term

Operating income

Income attributable toowners of parent

Ordinary income

Million yen%

Million yen%

Million yen%

Million yen

44,000

9.8

550

1.4

300

17.0

300

(NOTE) Revisions to performance forecasts published most recently: Yes

Net income
per share
%

－

Yen

9.03

FOR TRANSLATION PURPOSE ONLY
*Notes(1) Changes in important subsidiaries during the current period(changes in specific subsidiaries resulting in modifications of the consolidation scope): Yes
New company: Two companies (Miyamoto Munashi Corporation; TWO SIX Corporation)
Excluded company: None
NOTE: Please see the appendix page 4, “2. Matters regarding Summary Information (Notes), (1) Changes in important subsidiaries
during the current consolidated cumulative period”.

(2) Application of special accounting methods to the preparation of quarterly consolidated financial statements: None
(3) Changes in accounting principles, changes and restatements of accounting estimates
1) Changes in accounting principles caused by revision of accounting standards:
2) Changes other than 1):
3) Changes in accounting estimates:
4) Restatements:

None
None
None
None

(4) Number of outstanding shares (common shares)
1) Number of shares outstanding at the end of the period (including treasury stock)
2Q FY03/2017:33,209,080 shares
FY03/2016:33,209,080 shares
2) Number of treasury stock at the end of the period
2Q FY03/2017:262 shares
FY03/2016:
212 shares
3) Average number of shares outstanding during the period (quarterly cumulative)
2Q FY03/2017:33,208,861 shares
2Q FY03/2016:
31,066,059 shares* Presentation concerning implementation status of quarterly review procedures
These quarterly financial results are not the subject of a quarterly review procedure based on the Financial Instruments
and Exchange Act, and at the time of disclosing these quarterly financial results, review procedures regarding thequarterly financial statements based on the Financial Instruments and Exchange Act had not been completed.
* Explanation regarding appropriate use of the earnings forecast and other special notes
Descriptions about the future such as performance forecasts contained in this document are based on information
currently available to the Company and certain presumptions considered to be reasonable, and therefore actual businessperformance and other elements may differ substantially due to various factors.

SATO RESTAURANT SYSTEMS COMPANY LIMITED (8163)
Summary of Financial Results of the 2Q FY03/2017

FOR TRANSLATION PURPOSE ONLY
○ Table of Contents: Appendix

1. Qualitative Information regarding the current quarter .............................................................................................. 2(1) Descriptions regarding operating results.............................................................................................................. 2(2) Descriptions regarding financial position ............................................................................................................ 3(3) Descriptions regarding future prospects such as consolidated performance forecasts ........................................ 3
2. Matters regarding summary information (Notes) ...................................................................................................... 4(1) Changes in important subsidiaries during the current consolidated cumulative period ....................................... 4(2) Application of special accounting methods to the preparation of quarterly consolidated financial statements ... 4(3) Changes in accounting principles, changes and restatements of accounting estimates ....................................... 4
3. Summary of important information for going concern assumption .......................................................................... 44. Quarterly Consolidated Financial Statements ........................................................................................................... 5(1) Quarterly Consolidated Balance Sheets ............................................................................................................... 5(2) Quarterly Consolidated Statements of Income and Statement of Comprehensive Income ................................. 7
Quarterly Consolidated Statements of Income
Second quarter consolidated cumulative period .............................................................................................. 7
Quarterly Consolidated Statement of Comprehensive Income
Second quarter consolidated cumulative period .............................................................................................. 8(3) Quarterly Consolidated Cash flow Statement ...................................................................................................... 9(4) Notes on Quarterly Consolidated Financial Statements..................................................................................... 10(Going concern assumption) ............................................................................................................................. 10(Notes in case of significant changes in the amount of shareholders’ equity) ................................................... 10(Segment information, etc.) ............................................................................................................................... 10

1

SATO RESTAURANT SYSTEMS COMPANY LIMITED (8163)
Summary of Financial Results of the 2Q FY03/2017

FOR TRANSLATION PURPOSE ONLY
1. Qualitative Information regarding the Current Quarter(1)

Descriptions regarding operating results①

Consolidated performance(million yen;  means negative)

Actual results
Net sales

2Q FY03/2016+/- amounts
YoY

+/-%
YoY

Actual results

2Q FY03/2017+/- amounts
YoY

+/-%
YoY

19,704

1,057

5.7

20,291586

3.0Operating income

504

52

9.5

59

444

88.2

Ordinary income

428

156

26.7

134

562

－

Income attributable toowners of parent

182

123

40.3

511

693

－

During the current second quarter consolidated cumulative period, net sales increased as compared to the previous
year due to increase in number of restaurants in operation.
The Group unfortunately experienced lower profitability as compared to the previous year because, for example,
sales in existing restaurants could not achieve its goals as planned and labor cost increased due to arranging working
environment, and also because of allocating advisory expenses and others associated with share acquisition of Miyamoto
Munashi Corporation and TWO SIX Corporation, occurrence of foreign exchange losses due to stronger yen, loss on
evaluation of investment in overseas joint ventures, and allocating impairment loss due to decision to close two restaurants.
In addition, as of September 1, 2016, the Group acquired 100% shares of two companies: Miyamoto Munashi
Corporation which had operated "Meshiya Miyamoto Munashi" (a restaurant chain), and TWO SIX Corporation which had
held the premise of "Miyamoto Munashi JR Nagoyaekimae branch"; both of which have become our subsidiaries and been
included within the scope of consolidated accounting. Only the balance sheet has been consolidated for the current second
quarter consolidated fiscal period and therefore there is no impact on the consolidated performance except for the
aforementioned advisory expenses.
②

Measures for opening new restaurants

Category

As of end of theprevious consolidated
fiscal year

Newly opened
restaurants

Closedrestaurants(numbers of restaurants)
As of end of the
Planned to open
current second quarter
during the current
consolidated fiscal
consolidated fiscal
periodyear
201 (－)
4 (－)
14 (－)－ (－)

Washoku Sato
Sushi-han

201 (－)
14 (－)

－ (－)
－ (－)

－ (－)
－ (－)

Tendon & Tenpura
restaurant Santen

22 (－)

4 ( 1)－ (－)

26 ( 1)25 ( 5)53 (－)
6 (－)
28 (14)18 (17)

2 (－)
－ (－)
5 ( 2)
－ (－)

－ (－)
－ (－)
－ (－)
1 ( 1)

55 (－)
6 (－)
33 (16)17 (16)

6 (－)
－ (－)
11 ( 6)
－ (－)

－ (－)

69 (7)※－ (－)

69 (7)－ (－)

342 (31)
6 ( 5)

80 (10)1 (－)

1 ( 1)
1 ( 1)

421 (40)
6 ( 4)

46 (11)－ (－)

Worldwide total
348 (36)
81 (10)2 ( 2)
427 (44)
NOTE: Numbers in parentheses represent FC restaurants (domestic) and joint venture restaurants (overseas).

46 (11)

Nigiri Chojiro
Nigiri Chujiro
Katsuya
Miyakobito
MeshiyaMiyamoto Munashi
Domestic total
Overseas restaurants※ The number of newly opened "Meshiya Miyamoto Munashi" restaurants means that Miyamoto Munashi Corporation
had its shares entirely acquired and has since been included within the scope of the consolidated accounting.
Newly opened restaurants during the current second quarter consolidated cumulative period were as follows: 4"Tendon & Tenpura restaurant Santen" restaurants including 3 directly managed and 1 FC restaurants, 2 directly managed"Nigiri Chojiro" restaurant, and 5 "Katsuya" restaurants including 3 directly managed and 2 FC restaurants, totaling 11
restaurants were newly opened in all categories domestically; moreover, contracts have already been executed for opening
19 new restaurants. As for overseas development, "Washoku Sato Jung-Li branch" was newly opened in Taiwan, whereas"Washoku Sato AMATA Home Pro branch" was closed, which means the Company currently operates 6 overseas
restaurants: 2 in Taiwan, 2 in Indonesia and 2 in Thailand.
In addition, Miyamoto Munashi Corporation has joined the Group to add 69 "Meshiya Miyamoto Munashi"
restaurants (including 2 FC and 5 quasi-directly managed restaurants), resulting in 427 restaurants of the entire Group in
operation domestic and overseas at the end of the current second quarter consolidated fiscal period.

2

SATO RESTAURANT SYSTEMS COMPANY LIMITED (8163)
Summary of Financial Results of the 2Q FY03/2017

FOR TRANSLATION PURPOSE ONLY③

Other measures
As operational measures at "Washoku Sato" restaurants, renewed menu has been introduced in July, 2016 including
shifting vegetables used for "Sato-Shabu" (all-you-can-eat style Shabu-Shabu) to domestic ones for more added-value, andalso in August "Sato-Suki" (all-you-can-eat style Sukiyaki) started, so that we could offer higher-value added items. As aresult, average spending increased from the previous year in the current second quarter consolidated fiscal period,
contributing to higher sales. For the second half as well, we will develop various promotional measures such as TVcommercials aiming at further expansion of sales quantities of "Sato-Suki". In addition, facilities renovations were carriedout at 3 restaurants.
At "Santen" restaurants, Narumi branch (Aichi pref.), the first restaurant in Chubu area was newly opened in May
and Mikawa-Anjo branch (Aichi pref.), the first FC in the same area in August. Net sales of both have maintained good
performance at higher levels than planned.
At "Nigiri Chojiro" restaurants, Chojiro's 15th anniversary special events were organized to roll out highly newsy
commercial measures coupled with promotional activities including "Spring seasonal harvest festival" featuring seasonal
fresh materials such as Sakuradai (Cherry Anthias), and "Summer seasonal harvest festival" featuring special menu designed
in collaboration with popular talents.
It should be noted that the Group is a single segment of food service business and therefore description of segmental
performance is omitted.
(2)

Descriptions regarding financial position(Status of assets, liabilities and net assets)
Total assets at the end of the current second quarter consolidated fiscal period was 28,930 million yen (increase by
1,109 million yen from the end of the previous consolidated fiscal year).
(Assets)
Current liabilities was 9,153 million yen (decrease by 1,612 million yen from the end of the previous consolidated
fiscal year). It comprises mainly decrease in cash and deposits by 1,535 million yen.
Non-current assets was 19,735 million yen (increase by 2,681 million yen from the end of the previous consolidated
fiscal year). It comprises mainly increase in goodwill by 1,755 million yen following acquisition of consolidated
subsidiaries, increase in guarantee deposits by 238 million yen, and increase in buildings (net) by 186 million yen.
(Liabilities)
Current liabilities was 6,958 million yen (decrease by 393 million yen from the end of the previous consolidated
fiscal year). It comprises mainly decrease in accounts payable-other by 392 million yen.
Non-current liabilities was 8,134 million yen (increase by 2,197 million yen from the end of the previous
consolidated fiscal year). It comprises mainly increase in bonds payable by 1,720 million yen and increase in long-timeloans payable by 286 million yen.
(Net assets)
Net assets at the end of the current second quarter consolidated fiscal period was 13,837 million yen (decrease by 694
million yen from the end of the previous consolidated fiscal year).
(Cash flow status)
Cash and cash equivalents (hereinafter, "business fund") at the end of the current second quarter consolidated fiscal
period was 7,080 million yen (decrease by 1,535 million yen from the end of the previous consolidated fiscal year). Eachcash flow status and factors thereof in the current second quarter consolidated fiscal period consolidated fiscal year are as
follows.
(Cash flow from operating activities)
Business fund resulting from operating activities was 47 million yen (whereas it was 49 million yen in the previous
fiscal year). It comprises mainly net income before income taxes of 216 million yen, depreciation of 665 million yen anddecrease in accounts payable-other by 454 million yen.
(Cash flow from investment activities)
Business fund used for investment activities was 3,351 million yen (whereas it was 1,684 million yen in the same
period of the previous year). This includes mainly expense by acquiring shares in subsidiaries resulting in change in scopeof consolidation of 2,381 million yen, and expense by purchase of property, plant and equipment of 581 million yen.
(Cash flow from financial activities)
Business fund resulting from financial activities was 1,823 million yen (whereas it was 3,713 million yen in theprevious consolidated fiscal year). It comprises mainly proceeds from issuance of bonds of 1,958 million yen and expense
by paying dividends of 166 million yen.
(3)

Descriptions regarding future prospects such as consolidated performance forecasts
Consolidated performance forecasts for the fiscal year ending March 31, 2017 have been amended from those as
announced in the Summary of Financial Results on May 11, 2016. For details, please refer to "Notices concerning
differences between performance forecasts and actual achievements, and amendment to full term performance forecasts forthe second quarter cumulative period of FY03/2017" published on November 2, 2016.

3

SATO RESTAURANT SYSTEMS COMPANY LIMITED (8163)
Summary of Financial Results of the 2Q FY03/2017

FOR TRANSLATION PURPOSE ONLY
2. Matters regarding summary information (Notes)(1)

Changes in important subsidiaries during the current quarterly consolidated cumulative period

In the current second quarter consolidated cumulative period, the Group acquired 100% shares of two
companies: Miyamoto Munashi Corporation which had operated "Meshiya Miyamoto Munashi" (a restaurant chain),and TWO SIX Corporation which had held the premise of "Miyamoto Munashi JR Nagoyaekimae branch"; both ofwhich have been included within the scope of consolidated accounting.
Miyamoto Munashi Corporation is a specified subsidiary of the Group.
(2)

Application of special accounting methods to the preparation of quarterly consolidated financial
statements
Not applicable.

(3)

Changes in accounting principles, changes and restatements of accounting estimates
Additional information(Application of Implementation Guidance on Recoverability of Deferred Tax Assets)
The Company has applied the "Implementation Guidance on Recoverability of Deferred Tax Assets"(Accounting Standards Board of Japan Guidance No. 26 of March 28, 2016) since the current first quarter
consolidated fiscal period.

3. Summary of important information for going concern assumption
Not applicable.

4

SATO RESTAURANT SYSTEMS COMPANY LIMITED (8163)
Summary of Financial Results of the 2Q FY03/2017

FOR TRANSLATION PURPOSE ONLY

4. Quarterly Consolidated Financial Statements(1) Quarterly Consolidated Balance Sheets(Thousand yen;  means negative)

Previous consolidated
fiscal year
(March 31, 2016)

AssetsCurrent assets
Cash and deposits
Accounts receivable - trade
Merchandise
Raw materials and supplies
Deferred tax assets
Other
Total current assets
Non-current assets
Property, plant and equipment
Buildings, net
Land
Other, net
Total property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investment and other assets
Investment securities
Long-term loans receivable
Guarantee deposits
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Deferred assets
Total assets

5

Current second quarter
consolidated fiscal period(September 30, 2016)

8,616,381
603,001
41,279710,854
312,739
481,583
10,765,840

7,080,561
609,142
40,232
700,180
198,983
524,128
9,153,230

2,456,152
4,742,506
2,174,772
9,373,431

2,642,408
4,742,506
2,229,607
9,614,522

1,116,373
977,751
2,094,124

2,871,505
1,207,928
4,079,434

805,407
833,7443,039,010
445,963475,766△13,505
5,586,386
17,053,942
649
27,820,432

873,568
849,277
3,277,942
523,932
529,746△12,725
6,041,741
19,735,699
41,131
28,930,061

SATO RESTAURANT SYSTEMS COMPANY LIMITED (8163)
Summary of Financial Results of the 2Q FY03/2017

FOR TRANSLATION PURPOSE ONLY

(Thousand yen;  means negative)

Previous consolidated
fiscal year
(March 31, 2016)

Liabilities
Current liabilities
Accounts payable - trade
Current portion of bonds
Current portion of long-term loans payable
Accounts payable-other
Income taxes payable
Provision for bonuses
Other
Total current liabilities
Non-current liabilities
Bonds payable
Long-term loans payable
Deferred tax liabilities for land revaluation
Deferred tax liabilities
Provision for directors’ retirement benefits
Asset retirement obligations
Other
Total non-current liabilities
Total liabilities
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
Revaluation reserve for land
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets

6

Current second quarter
consolidated fiscal period(September 30, 2016)

1,179,980
50,0002,437,500
2,137,639
230,746
272,916
1,043,361
7,352,143

1,116,995
280,000
2,340,500
1,744,981
294,555
319,684
861,939
6,958,656－
3,759,945
274,908
83,74529,578510,772
1,277,478
5,936,428

1,720,000
4,046,740
274,908
176,373
29,578610,483
1,275,954
8,134,037

13,288,571

15,092,694

8,532,856
4,981,675
1,400,978△173
14,915,337

8,532,856
4,981,675
723,784△214
14,238,101

108,976△600,061△491,085
107,608
14,531,860
27,820,432

108,286△600,061△491,775
91,041
13,837,367
28,930,061

SATO RESTAURANT SYSTEMS COMPANY LIMITED (8163)
Summary of Financial Results of the 2Q FY03/2017

FOR TRANSLATION PURPOSE ONLY

(2) Quarterly Consolidated Statements of Income and Statement of Comprehensive Income(Quarterly Consolidated Statements of Income)(Second quarter consolidated cumulative period)(Thousand yen;  means negative)

Previous first quarter
consolidated cumulative
period(April 1, 2015 September 30, 2015)

Current first quarter
consolidated cumulative
period(April 1, 2016 September 30, 2016)

Net sales
Cost of sales

19,704,981
6,745,579

20,291,683
6,908,343

Gross profit

12,959,401

13,383,340

Selling, general and administrative expenses

12,455,178

13,323,697

Operating income

504,223

59,642Non-operating income
Interest income
Dividend income
House rent income
Miscellaneous income

6,881
8,938
51,02025,0987,070
8,824
35,032
24,143

Total non-operating income

91,93875,070Non-operating expenses
Interest expenses
Rent expenses on real estates
Share issuance cost
Foreign exchange losses
Miscellaneous loss

70,85741,32028,261
4,695
22,92963,27928,398―160,114
17,397

Total non-operating expenses

168,064

269,190428,097△134,477

8,423
―
―
―

10,05659,315
12,251
888

8,423

82,512

Income or loss () before income taxes and minority interests
Income taxes - current

419,674
190,774△216,990
178,531

Income taxes - deferred

62,532

132,195

Total income taxes

253,307

310,727

Net income or loss ()166,367△527,717

Net income or loss ()attributable to non-controlling interests△16,374△16,566

Net income or loss () attributable to owners of parent

182,742△511,150

Ordinary income or loss ()Extraordinary losses
Loss on retirement of noncurrent assets
Loss on valuation of investment securities
Impairment loss
Loss on closing of stores
Total extraordinary losses

7

SATO RESTAURANT SYSTEMS COMPANY LIMITED (8163)
Summary of Financial Results of the 2Q FY03/2017

FOR TRANSLATION PURPOSE ONLY
(Quarterly Consolidated Statement of Comprehensive Income)(Second quarter consolidated cumulative period)(Thousand yen; △ means negative)

Net income or loss ()Other comprehensive income
Valuation difference on available-for-sale securities
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests

8

Previous second
quarter consolidated
cumulative period(April 1, 2015
- September 30, 2015)

Current second quarter
consolidated
cumulative period(April 1, 2016
- September 30, 2016)

166,367△527,717△2,474△690△2,474
163,893△690△528,407

180,267△16,374△511,840△16,566

SATO RESTAURANT SYSTEMS COMPANY LIMITED (8163)
Summary of Financial Results of the 2Q FY03/2017

FOR TRANSLATION PURPOSE ONLY
(3) Quarterly Consolidated Cash flow Statement(Thousand yen;  means negative unless otherwise stated)
Previous second quarter
Current second quarter
consolidated
consolidated
cumulative period
cumulative period(April 1, 2015 (April 1, 2016 September 30, 2015)
September 30, 2016)

Cash flow from operating activities
Net income or loss () before income taxes
Depreciation
Amortization of goodwill
Impairment loss
Loss on store closing
Increase/decrease in reserve for bonuses ( means decrease)
Increase/decrease in allowance for doubtful accounts ( means decrease)
Increase/decrease in provision for directors’ retirement benefits ( means decrease)
Increase/decrease in provision for loss on store closing ( means decrease)
Interest and dividends income
Interest expenses
Loss on valuation of investment securities
Loss on sales of non-current assets
Increase/decrease in sales credit ( means increase)
Increase/decrease in inventories ( means increase)
Increase/decrease in notes and accounts payable-trade ( means decrease)
Increase/decrease in accounts payable-other ( means decrease)
Increase/decrease in accrued consumption taxes ( means decrease)
Other
SubtotalInterest and dividends income received
Interest expenses paid
Income taxes refund
Income taxes paid
Cash flow from operating activities
Cash flow from investment activities
Payments into time deposits
Purchase of property, plant and equipment
Proceeds from sales of property, plant and equipment
Purchase of investment securities
Purchase of investments in subsidiaries resulting in change in scope of consolidation
Purchase of intangible assets
Payments for guarantee deposits
Proceeds from collection of guarantee deposits
Payments of construction assistance fund receivables
Collection of construction assistance fund receivables
Other
Cash flow from investment activities
Cash flow from financial activities
Proceeds from long-term loans payable
Proceeds from issuance of bonds
Repayment of long-term loans payable
Repayments of finance lease obligations
Redemption of bonds
Proceeds from issuance of common stock
Purchase of treasury stock
Cash dividends paid
Cash flow from financial activities
Effect of exchange rate change on cash and cash equivalents
Increase/decrease in cash and cash equivalents ( means decrease)
Balance of cash and cash equivalents at beginning of the period
Balance of cash and cash equivalents at end of the period

9419,674
638,871
44,954――△154,877△848△1,825―△15,819
70,857―
8,423△22,632△52,536
19,183△388,473△15,473△164,069
385,408
8,805△72,038―△273,122
49,052△216,990
665,123
44,954
12,251
888
46,768△780―△8,599△15,894
63,27959,315
10,056△6,141
22,358△62,985△75,267△454,742
150,489
234,084
8,727△64,184
40,865△172,367
47,125△1,000,000△424,319―△21,147―△29,930△54,806
42,203△168,000
47,484△75,720△1,684,235―△581,940
825△125,072△2,381,665△173,273△55,408
42,399△89,943
45,267△32,829△3,351,639

1,000,000―△1,302,162△106,749△50,000
4,313,938―△141,044
3,713,981
74,296
2,153,095
5,532,308
7,685,404

1,500,000
1,958,347△1,310,476△108,453△50,000―△41△166,044
1,823,330△54,636△1,535,819
8,616,381
7,080,561

SATO RESTAURANT SYSTEMS COMPANY LIMITED (8163)
Summary of Financial Results of the 2Q FY03/2017

FOR TRANSLATION PURPOSE ONLY
(4) Notes on Quarterly Consolidated Financial Statements(Going concern assumption)
Not applicable.

(Notes in case of significant changes in the amount of shareholders’ equity)
Not applicable.
(Segment information, etc.)
The Group is a single segment of food service business and therefore description of segment information, etc. isomitted.

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