ADVANEX : Flash Report (Consolidated Basis) Results for FY2017 First quarter (Three months ended June 30，2016)

ADVANEX INC. Flash Report (Consolidated Basis) Results for FY2017 First quarter(three months ended June 30, 2016)

August 12, 2016
Company name:	ADVANEX INC.	Stock listings: Tokyo Stock Exchange
Code number:	5998	URL http://www.advanex.co.jp
Representative:	Tsuneo Shibano, President & COO
Inquiries:	Toshiya Ohno, CFO & Executive Director	Telephone: [phone]
Filing date of quarterly securities report:		August 12, 2016
Supplementary explanation material for quarterly financial results		Yes
Holding of presentation meeting for quarterly financial results		No

1. Performance (April 1, 2016 through June 30, 2016) (Figures less than ¥1 million have been omitted.)

1. Consolidated operating results (For the three months ended June 30.).

   Percentages indicate year-on-year increase (decrease)

   Net sales		Operating income		Ordinary income		Net income
   Three months ended June 30, 2016	Millions of yen 4,368 4,893	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
   		(10.7)	9	(93.8)	(22)	-	(61)	-
   Three months ended June 30, 2015		(29.3)	150	(33.4)	151	(12.2)	94	(14.5)

   [Note] Comprehensive income: Three months ended June 30,2016 (868) million yen

   Three months ended June 30,2015 304 million yen

   Net income per share	Net income per share after dilution
   Three months ended June 30, 2016 Three months ended June 30, 2015	Yen (15.09) 22.92	Yen - 22.78

2. Consolidated financial position

Total assets	Net assets	Equity ratio	Net assets per share
As of June 30, 2016	Millions of yen	Millions of yen	%	Yen
	16,673	5,570	33.1	1,352.61
As of March 31,2016	17,024	6,578	38.4	1,600.38

[Reference] Total shareholder's equity: 5,523million yen at June 30, 2015 6,536 million yen at March 31, 2016

1. Dividends

   Dividends per share
   Record date	First quarter -end dividends	Second quarter -end dividends	Third quarter -end dividends	Year-end dividends	Total
   Year ended March 31, 2016	Yen	Yen	Yen	Yen	Yen
   	--	--	--	35.00	35.00
   Year ended March 31, 2017	--	--	--	--	--
   Year ended March 31, 2017 (forecast)	--	--	--	30.00	30.00

   [Note1] Revisions to the latest forecast of cash dividends: Yes

2. Forecast of consolidated results for FY2017 (April 1, 2016 through March 31, 2017)

   Percentages indicate year-on-year increase (decrease)

   Net sales		Operating income		Ordinary income		Net income (loss)		Net income (loss) per share
   Six months Ended September 30,2016	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%	Yen
   	8,700	(12.3)	30	(91.8)	0	-	(80)	-	(19.59)
   Year ended March 31, 2017	17,700	(7.2)	450	(32.7)	400	(40.5)	220	(62.5)	53.87

   [Note1] Revisions to the latest forecasts of consolidated results: Yes

3. Others

4. Significant changes in subsidiaries during the subject fiscal year: No Additions: 0 Deletions: 0

5. Application of simplified accounting and specific accounting: No

7. Changes in accounting principles, procedures, presentations, etc.

8. Changes associated with revision of accounting standards, etc: No

9. Changes other than a.: No

10. Change in accounting estimate: No

11. Restatement: No

12. Number of shares outstanding (Common stock)

14. Number of shares outstanding at end of period (Including treasury stock) 4,153,370 shares at June 30, 2016

    4,153,370 shares at March 31, 2016

15. Number of shares of treasury stock at end of period 69,568 shares at June 30, 2016

69,313 shares at March 31, 2016

c. Average number of shares issued and outstanding in each period: 4,083,921 shares at June 30, 2016

4,113,387 shares at June 30, 2016

[Notes]

1. Explanation for related to implementation of the quarterly review procedures

When disclosing this Brief Report of Financial Results, the review procedures for quarterly financial statements under the Financial Instruments and Exchange Law have not been brought to completion.

2. Explanation for appropriate use of financial forecasts and other special remarks

The above-mentioned forecasts are based on the information available as of the date when this information is disclosed, as well as on the assumptions as of the disclosing date of this information related with unpredictable parameters that are probable to affect our future business performances. Our actual performance is likely to differ greatly from these estimates depending on various factors in the future.