NICHIDAI : Summary of Consolidated Financial Results for the 3rd Quarter Ended December 31, 2015

NICHIDAI CORPORATION

Summary of Consolidated Financial Results for the 3rd Quarter Ended December 31, 2015

February 4, 2016

Company name: NICHIDAI CORPORATION Listed Stock Exchange: Tokyo Securities Exchange

Code number: 6467 URL: http://www.nichidai.jp

Company Representative: Motonobu Furuya, President & CEO

Contact Information: Hirokazu Tsuji, Director Administrative Headquarters General Manager TEL: [phone] Reporting date of financial statements: February 12, 2016 Commencement date of dividend payment: -

(Rounded down to the nearest million yen.)

1. Consolidated Financial Results for the 3rd Quarter Ended December 31, 2015 (From April 1, 2015 to December 31, 2015)

2. Consolidated Operating Results (Total)

   (Note) Comprehensive income	FY 2016 for the 3rd Quarter	158 million yen (△82.4%)
   FY 2015 for the 3rd Quarter	899 million yen (3.5%)

   (% indicates changes in net sales compared with preceding same period.)

   
   

   Net sales	Operating Income		Ordinary Income		Net income Attributable to Owners of the Parent
   For the 3rd Quarter	Millions of Yen	％	Millions of Yen	％	Millions of Yen	％	Millions of Yen	％
   Ended Dec. 31, 2015	10,635	△1.7	630	△36.2	592	△41.8	394	△40.6
   Ended Dec. 31, 2014	10,823	1.6	987	3.4	1,019	2.4	664	7.0

   
   

   EPS		Adjusted EPS
   For the 3rd Quarter	Yen	Sen	Yen ― ―	Sen
   Ended Dec. 31, 2015	43	60
   Ended Dec. 31, 2014	73	39

   
   

3. Consolidated Financial Position

Total Assets	Net Assets	Shareholders' Equity Ratio
Ended Dec. 31, 2015	Millions of Yen	Millions of Yen	％
	15,554	10,286	60.4
FY 2015	16,331	10,327	57.7

(Ref.) Shareholders' Equity FY 2016 for the 3rd Quarter 9,396 million yen FY 2015 9,426 million yen




4. Dividends

   Dividends per Share
   End of 1st Quarter		End of 2nd Quarter		End of 3rd Quarter		Year En	d	Full Year
   FY 2015	Yen ― ―	Sen	Yen	Sen	Yen ― ―	Sen	Yen	Sen	Yen	Sen
   			8	00			12	00	20	00
   FY 2016			10	00
   FY2016 (Forecast)	10	00	20	00

   (Note) Change made in forecast of dividends: N/A

   
   

5. Consolidated Forecast for the Year Ending March 2016 (From April 1, 2015 to March 31, 2016)

   (% indicates changes in net sales, operating income, etc compared with preceding same period.)

   
   

   Net sales	Operating Income	Ordinary Income	Net income Attributable to Owners of the Parent	EPS
   Full Year	Millions ofYen ％ 14,400 △1.6	Millions ofYen ％ 920 △27.6	Millions ofYen ％ 890 △32.1	Millions ofYen ％ 580 △33.8	Yen Sen 64 08

   (Note) Change made in Consolidated Forecast: N/A

6. Others

1. Changes of important subsidiaries during the period (changes in specified subsidiaries that involve changes in the scope of consolidation): N/A

2. Adoption of any accounting procedure specific to the preparation of quarterly financial statements: N/A

   
   

3. Changes in accounting principle, procedure or method associated with preparing the consolidated of quarterly financial results

   ① Changes resulting from revision of accounting policy Yes

   ② Changes other than ① N/A

   ③ Changes in accounting estimate N/A

   ④ Restatement N/A

   
   

4. Number of outstanding shares (ordinary shares)

① Number of outstanding shares at the end of the term (including treasury stocks) Ended Dec. 31, 2015 9,053,300 shares FY 2015 9,053,300 shares

② Number of treasury stocks at the end of the term

Ended Dec. 31, 2015 1,956 shares FY 2015 1,956 shares

③Average number of outstanding shares during the period

Ended Dec. 31, 2015 9,051,344 shares Ended Dec. 31, 2014 9,051,422 shares




* Explanation regarding appropriate use of business forecasts and other special instructions

The above forecasts of operating results are based on the information available at the time this document was released, and actual operating results may differ from these forecasts due to various factors.