Aeon Delight : Summary of Financial Results for the Second Quarter Ended August 31, 2016 (Consolidated)

Summary of Financial Results for the Second Quarter Ended August 31, 2016 [Japan GAAP] (Consolidated)

C o m p a n y	AEON DELIGHT CO., LTD.	Listed on the TSE1
S t o c k C o d e	9787	URL: http://www.aeondelight.co.jp
Representative	Ippei Nakayama, President and CEO
C o n t a c t	Yukio Furukawa, Director and Managing Director, Business Management	T E L: [phone]
Expected date of filing of quarterly report: October 14, 2016 Expected starting date of dividend payment: November 10, 2016
Preparation of quarterly supplementary financial document: Yes
Quarterly results briefing: Yes (for institutional investors and analysts)

October 5, 2016

１. Consolidated business results for the six months ended August 2016 (March 1, 2016 through August 31, 2016)

（Rounded down to million yen）

1. Consolidated results of operations (% change from the previous corresponding period)

   Net sales		Operating income		Ordinary income		Net income attributable to owners of parent
   Six months ended Aug. 2016	Million yen	%	Million yen	%	Million yen	%	Million yen	%
   	151,400	6.0	8,505	4.7	8,506	4.5	5,342	14.1
   Six months ended Aug. 2015	142,783	6.5	8,121	5.4	8,139	5.4	4,682	6.9

   (Note) Comprehensive income

   Six months ended August 2016: 5,160 million yen (7.3%)

   Six months ended August 2015: 4,808 million yen (17.1%)

   Net income per share	Diluted net income per share
   Six months ended Aug. 2016	Yen	Yen
   	101.66	101.40
   Six months ended Aug. 2015	89.14	88.93

2. Consolidated financial position

Total assets	Net assets	Shareholders' equity ratio	Net assets per share
As of Aug. 2016	Million yen	Million yen	%	Yen
	138,794	87,792	61.5	1,575.49
As of Feb. 2016	131,349	84,000	62.1	1,552.84

(Reference) Shareholders' equity:

As of August 2016: 85,343 million yen As of February 2016: 81,578 million yen

2. Dividends

Annual dividend
End of 1Q	End of 2Q	End of 3Q	Year-end	Total
Year ended Feb. 2016	Yen ―	Yen 26.00	Yen ―	Yen 26.00	Yen 52.00
Year ending Feb. 2017	―	28.00
Year ending Feb. 2017 (forecast)	―	27.00	55.00

(Note) Revisions to dividend forecast for the current quarter: None

Breakdown of the dividends for the second quarter of the fiscal year ending Feb. 2017 (forecast): Ordinary dividend 27.00 yen, Commemorative dividend 1.00 yen

3．Forecast of consolidated business results for the year ending February 2017 (March 1, 2016 through February 28, 2017) (% change from the previous corresponding period)

Net sales		Operating income		Ordinary income		Net income attributable to owners of parent		Net income per share
Year ending Feb. 2017	Million yen	%	Million yen	%	Million yen	%	Million yen	%	Yen
	305,000	8.5	17,500	4.7	17,500	4.9	10,000	3.5	190.35

(Note) Revisions to business forecast for the current quarter: None

※Notes

1. Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes in the scope of consolidation): None

2. Application of accounting procedures specific to preparation of the consolidated quarterly financial statements:

   None

3. Changes in accounting policies, accounting estimates and restatement

   ①Changes in accounting policies associated with revision of accounting standards: ②Changes in accounting policies other than ① ③Changes in accounting estimates ④Restatement

   : Yes : None : None : None

4. Shares outstanding (common stock)

①Number of shares outstanding at the end of period (treasury stock included)

As of August 2016 As of February 2016

54,169,633 shares 54,169,633 shares

②Treasury stock at the end of period

As of August 2016 As of February 2016

1,615,110 shares 1,634,461 shares

③Average number of stock during period (quarterly cumulative period)

Six months ended August 2016 Six months ended August 2015

52,546,701 shares 52,504,746 shares

※ Implementation status of quarterly review procedures

This financial summary is not subject to the quarterly review procedures pursuant to the Financial Instruments and Exchange Act. At the time of disclosure of this report, the procedures for review of consolidated financial statements pursuant to the Financial Instruments and Exchange Act have are being conducted.

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

Forecasts regarding future performance in this material are based on information currently available to the company and certain assumptions that the company deems to be reasonable at the time this report was prepared. The company does not make promises about the achievements. Actual results may differ significantly from the forecasts due to various factors.

Quarterly Consolidated Financial Statements Quarterly Consolidated Balance Sheet

(Million yen)

Previous Fiscal Year (February 29, 2016)	Current Second Quarter (August 31, 2016)
Assets
Current assets
Cash and deposits	20,386	25,841
Notes and accounts receivable-trade	35,768	38,730
Electronically recorded monetary obligations	3,744	5,496
Investment securities	100	-
Inventories	2,897	2,881
Deposit of subsidiaries and affiliates	37,362	33,713
Other	5,776	6,191
Allowance for doubtful accounts	-360	-264
Total current assets	105,674	112,589
Fixed assets
Tangible fixed assets
Buildings and structures, net	1,642	1,617
Land	1,978	1,975
Other, net	3,464	4,178
Total tangible fixed assets	7,086	7,771
Intangible fixed assets
Goodwill	7,989	7,451
Other	2,408	2,496
Total intangible fixed assets	10,397	9,948
Investments and other assets
Investment securities	4,463	4,329
Other	4,221	4,647
Allowance for doubtful accounts	-494	-492
Total investments and other assets	8,190	8,485
Total fixed assets	25,674	26,204
Total assets	131,349	138,794

(Million yen)

Previous Fiscal Year (February 29, 2016)	Current Second Quarter (August 31, 2016)
Liabilities
Current liabilities
Notes and accounts payable-trade	23,487	26,432
Electronically recorded monetary obligations	4,970	6,312
Short-term loans payable	-	28
Current portion of long-term loans payable	-	31
Income taxes payable	4,083	3,399
Reserve for bonuses	1,241	1,753
Reserve for directors' bonuses	115	64
Other	10,923	10,167
Total current liabilities	44,821	48,189
Fixed liabilities
Long-term loans payable	-	308
Reserve for directors' retirement benefits	202	212
Net defined benefit liability	1,714	1,672
Asset retirement obligation	42	36
Other	568	581
Total fixed liabilities	2,527	2,811
Total liabilities	47,348	51,001
Net assets
Shareholders' equity
Capital	3,238	3,238
Capital surplus	18,862	18,946
Retained earnings	59,393	63,369
Treasury stock	-441	-436
Total shareholders' equity	81,052	85,118
Accumulated other comprehensive income
Valuation difference on available-for-sale securities	648	548
Foreign currency translation adjustment	372	118
Remeasurements of defined benefit plans	-495	-441
Total accumulated other comprehensive income	525	225
Stock acquisition rights	221	263
Non-controlling interests	2,200	2,186
Total net assets	84,000	87,792
Total liabilities and net assets	131,349	138,794