Kakaku com : FY3/2018 1Q Consolidated Financial Results（Summary）

This is an abridged translation of the original Japanese document and is provided for informational purposes only. If there are any discrepancies between this and the original, the original Japanese document prevails.

August 2, 2017

Kakaku.com, Inc. Consolidated Earnings Report for the First Quarter of the Fiscal Year Ending March 31, 2018 (Summary)

Stock listings: Tokyo Stock Exchange (First Section)

Securities code: 2371

URL: http://corporate.kakaku.com/?lang=en

Representative: Shonosuke Hata, President and Representative Director Information contact: Ichiro Sakuta

Senior Managing Executive Officer, Administrative Division General Manager

Telephone [phone]

Scheduled dates

Filing of statutory year-end financial report: August 10, 2017

Supplementary materials to financial results available: Yes

Fiscal year-end earnings presentation held: Yes (for institutional investors and analysts)

(Amounts of less than one million yen are rounded.)

1. Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2018

1. Consolidated Operating Results (% = year-on-year change)

   Revenue		Operating profit		Profit before income taxes		Profit for the period		Profit attributable to owners of the parent company		Total comprehensive income for the period
   ¥ million	%	¥ million	%	¥ million	%	¥ million	%	¥ million	%	¥ million	%
   Q1 FY2017	10,651	4.5	5,100	3.9	5,096	3.8	3,477	0.6	3,479	0.9	3,557	3.8
   Q1 FY2016	10,189	-	4,910	-	4,908	-	3,456	-	3,449	-	3,445	-

   Basic earnings per share	Diluted earnings per share
   Q1 FY2017	¥	¥
   	16.43	16.42
   Q1 FY2016	15.79	15.77

2. Consolidated Financial Position

Total assets	Total equity	Total equity attributable to owners of the parent company	Total equity attributable to owners of the parent company ratio
As of June 30, 2017	¥ million	¥ million	¥ million	%
	37,862	32,170	31,950	84.4
As of March 31, 2017	42,481	35,380	35,158	82.8

1. Dividends

   Annual dividends
   Q1	Q2	Q3	Year End	Total
   FY2016	¥	¥	¥	¥	¥
   	-	14.00	-	14.00	28.00
   FY2017	-
   FY2017 (Forecast)	-	-	-	-

   (Note) Revisions to most recent dividend forecasts: None

2. Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2018 (April 1, 2017 to March 31, 2018)

(% = year-on-year change)

Revenue		Operating profit		Profit before income taxes		Profit attributable to owners of the parent company		Basic earnings per share
¥ million	%	¥ million	%	¥ million	%	¥ million	%	¥
First half	22,500	8.1	10,500	3.6	10,480	3.4	7,180	2.8	33.53
Full year	48,000	10.4	23,300	8.6	23,250	8.4	15,850	7.0	74.03

(Note) Revisions to most recent dividend forecasts: None (Reference) Consolidated earnings forecast according to J-GAAP

Net sales: ¥50,000 million, Operating income: ¥23,000 million, Ordinary income: ¥22,950 million and Profit attributable to owners of parent: ¥15,850 million

*Notes

1. Changes in Significant Subsidies during the Period: None

2. Accounting policy changes and accounting estimate changes:

3. Changes in accounting policies required by IFRS: No

4. Changes other than the above 1): None

5. Changes in accounting estimates: None

6. Restatements: None

7. Number of shares issued (common stock)

9. Number of shares issued at end of period (treasury stock included): June 30, 2017: 215,005,000 shares

   March 31, 2017: 218,160,100 shares

10. Number of shares held in treasury at end of period: June 30, 2017: 899,725 shares

    March 31, 2017: 1,668,325 shares

11. Average number of shares outstanding during the period: June 30, 2017: 214,416,987 shares

June 30, 2016: 218,466,066 shares

* Quarterly consolidated earnings reports are exempt from quarterly review procedures. *Appropriate Use of Earnings Forecasts and Other Important Information

(Disclaimer Regarding Forward-Looking Statements)

The above forecasts, which constitute forward-looking statements, are prospects based on information available to the Company as of the date of the release of this document. Actual results may differ materially from the above forecasts due to a range of factors.

(Application of International Financial Reporting Standards (IFRS))

The Group has applied the International Financial Reporting Standards ("IFRS") from the first quarter of the fiscal year ending March 31, 2018. In addition, data for the first quarter of the fiscal year ended March 31, 2017 and for the fiscal year ended March 31, 2017 have been presented in accordance with the IFRS.

Contents

1. Explanation of Operating Results and Financial Position…………………………………………………………... 2 (1) Explanation of Operating Results…………………………………………………………………………….. 2 (2) Explanation of Financial Position…………………………………………………………………………….. 3

   (3) Explanation of Consolidated Earnings Forecast and Other Forward-looking Statements……………………. 3

2. Condensed Consolidated Financial Statements……………………………………………………………………… 4

3. Condensed Consolidated Statement of Financial Position……………………………………………………. 4

4. Condensed Consolidated Statement of Income ……………………………………………………………….. 6

5. Condensed Consolidated Statement of Comprehensive Income………………………………………………. 7

6. Condensed Consolidated Statements of Changes in Equity…………………………………………………… 8

7. Condensed Consolidated Statement of Cash Flows ..………………………………………………………… 10

8. Notes on the Condensed Consolidated Financial Statements…………………………………………………..11 (Notes regarding the going concern assumption) …………………………………………………………….11 (Significant subsequent events) ………………………………………………………………………………..11

9. 1