Consolidated Financial Results for the First Quarter ofthe Fiscal Year Ending March 31, 2016
(Based on Japanese GAAP)(Translation of Japanese Financial Summary, Released on August 4, 2015)
Company name: Sun Frontier Fudousan Co., Ltd.
Stock listing: Tokyo Stock Exchange 1st Section
Code number: 8934
URL: http://www.sunfrt.co.jp
Address: 14F, Toho Hibiya Building, 2-2, Yurakucho 1-chome, Chiyoda-ku, Tokyo 100-0006
Representative: Tomoaki Horiguchi, President
Inquiries: Yasushi Yamada, Operating Officer and Chief of Management Planning Division(Phone: +81-3-5521-1301)*Amounts under one million yen have been rounded down.

1. Consolidated Performance in the First Quarter of the Fiscal Year Ending March 31, 2016
(1) Operating results*Percentage figures shown under net sales, operating income, ordinary income, and net income columns indicate year-on-year changes for
those items.
(Millions of yen, except for per share figures)

Net Sales

Operating Income

Ordinary Income

1st Quarter of FY ending March 31, 2016

¥6,060 (30.0%)¥1,423 (38.7%)¥1,367 (42.8%)

1st Quarter of FY ended March 31, 2015

¥4,661 (105.3%)¥1,026 (268.7%)¥957 (274.6%)(Note) Comprehensive Income: 1st quarter of FY ending March 2016: ¥1,185 million (33.5%) 1st quarter of FY ended March 2015: ¥888
million (250.2%)

Net Income

Net Income per Share(Yen)

Fully Diluted
Net Income per Share(Yen)

1st Quarter of FY ending March 31, 2016

¥1,183 (33.4%)¥27.68¥ －1st Quarter of FY ended March 31, 2015

¥887 (250.9%)¥20.76¥ －(2) Financial Position (at end of the term)(Millions of yen, except for per share figures)

Total Assets

Equity Ratio(%)

Net Assets

1st Quarter of FY ending March 31, 2016

¥40,225¥23,18157.6%

FY ended March 31, 2015

¥40,424¥22,701

56.2%(Reference) Shareholders’ Equity at term-end: 1st Quarter of FY ending March 31, 2016 (as of June 30, 2015): ¥23,181 million
FY ended March 31, 2015 (as of March 31, 2015): ¥22,701 million

2. Cash Dividends
Cash Dividends per Share
1st Quarter
FY Ended March 31, 2015-

FY Ending March 31, 2016-

FY Ending March, 2016 (Projections)(Yen)

3rd Quarter

¥0.00

-

16.50

16.50

¥0.00

-

17.50

17.50

(Note) Changes from the latest released dividend forecasts: None

1Year-end

Annualtotal

2nd Quarter3. Forecast for Consolidated Financial Results for the Fiscal Year Ending March 31, 2016
(From April 1, 2015 to March 31, 2016) *Percentage figures are indicated year-on year changes for those items.

FY Ending March, 2016

Net Sales

Operating Income¥33,000 (19.0%)¥6,300 (7.7%)(Millions of yen, except for per share figures)
Net Income per
Ordinary Income
Net Income
Share¥6,000 (7.3%)¥5,300 (4.9%)¥123.96(Note) Changes from the latest released performance: None

4. Others(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in changes in scope ofconsolidation): None
New companies: —Excluded companies: —(2) Adoption of special accounting practices in the preparation of quarterly consolidated financial statements: None
(3) Changes in accounting principles, procedures and presentation methods
1) Changes caused by revision of accounting standards: Yes
2) Changes of accompanying revisions other than 1) above: None
3) Changes in accounting estimates: None
4) Restatement of corrections: None
(4) Number of outstanding shares (common stocks)
1) Number of outstanding shares at the end of the period (including treasury stock):
1st Quarter of FY ending March 31, 2016: 42,755,500 shares
FY ended March 31, 2015: 42,755,500 shares
2) Number of treasury stock at the end of period:
1st Quarter of FY ending March 31, 2016: 143 shares
FY ended March 31, 2015: 143 shares
3) Average number of shares for the period:
1st Quarter of FY ending March 31, 2016: 42,755,357 shares
1st Quarter of FY ended March 31, 2015: 42,755,400 shares※Implementation status of quarterly review processes
This Summary of Consolidated Financial Results is not subject to quarterly review processes under theFinancial Products and Exchange Law. At the time of this document’s release, review of the quarterly
financial statements under the Financial Products and Exchange Law had not been completed.
※Appropriate use of business forecasts; other special items
Business forecasts contained in this report are based on information available to the Company on the date of this report’s
announcement and on assumptions pertaining to uncertain factors that may affect the Company’s future results. Therefore,
the company has no intention to promise the accomplishment of the forecasts. Due to unforeseen circumstances, however,actual results may differ significantly from such forecasts.

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