Autobacs Seven : Earnings Release "Consolidated Financial Results for the Year Ended March 31, 2017"(PDF)

May 9, 2017

Consolidated Financial Results for the Year Ended March 31, 2017【Japanese Standards】

Summary of Quick Financial Announcement of Consolidated Financial Information For the Year Ended March 31, 2017.

Company name : AUTOBACS SEVEN CO., LTD.

Code number : 9832

(URL http://www.autobacs.co.jp/) Headquarters : Tokyo, Japan

Company Representative : Kiomi Kobayashi, Representative Director

Contact for further information : Noritaka Hiraga, Officer, Finance & Accounting and Legal Telephone : [phone]

Stock exchange listing : Tokyo

Annual meeting of shareholders : June 27, 2017 Start of cash dividend payments : June 28, 2017

Submission of Annual Securities Report : June 28, 2017 Supplementary materials prepared : Yes

Financial results information meeting held : Yes(for securities analysts and institutional investors, etc)

1. Results for the year ended March 31, 2017 (From April 1, 2016 to March 31, 2017)

(Note: Amounts less than 1 million Yen have been rounded down. A figure in ( ) indicates a loss or a negative figure.)

1. Results of operations:

   (Unit: Millions of Yen except for per share information, and % information which indicates increase or decrease( ).)

   Net sales	Operating income		Ordinary income
   Fiscal year ended	％	％	％
   March 31, 2017	204,033	(2.0)	5,829	(13.0)	7,120	(8.5)
   Fiscal year ended
   March 31, 2016	208,142	(0.6)	6,701	4.6	7,780	(5.7)
   Note: Comprehensive income :	3,345 million yen for the year ended March 31, 2017 : (3.0 %)
   3,448 million yen for the year ended March 31, 2016 : (35.0 %)
   Profit attributable to		Basic net income		Basic net income per
   owners of parent		per share (Yen)		share - diluted (Yen)
   Fiscal year ended	％
   March 31, 2017	3,015	(31.0)	36.00	-
   Fiscal year ended
   March 31, 2016	4,371	(5.2)	51.60	-

   Net income to shareholders' equity	Ordinary income to total assets	Operating income to net sales
   Fiscal year ended	％	％	％
   March 31, 2017	2.3	4.0	2.9
   Fiscal year ended
   March 31, 2016	3.2	4.2	3.2

   Reference: Equity income on a affiliates :

   For the year ended March 31, 2017 : 7 million Yen For the year ended March 31, 2016 : 27 million Yen

2. Financial position:

   (Unit: Millions of Yen except for per share information)

   Net assets per
   Total assets	Total net assets	Equity ratio	share (Yen)
   Fiscal year ended	％
   March 31, 2017	176,708	127,392	71.9	1,540.12
   Fiscal year ended
   March 31, 2016	180,454	131,747	72.8	1,564.86
   (Reference) Equity : For the year ended March 31, 2017 : 127,078 million Yen
   For the year ended March 31, 2016 : 131,455 million Yen

   Ending balances of
   Operating	Investing	Financing	cash and cash
   activities	activities	activities	equivalents
   Fiscal year ended
   March 31, 2017	9,488	(7,147)	(7,457)	31,388
   Fiscal year ended
   March 31, 2016	10,564	(4,984)	(11,154)	36,579

3. Statements of cash flows: (Unit: Millions of Yen)

2.Dividends

Dividends per share	(Yen)
First Quarter	Second Quarter	Third Quarter	Year-end
Fiscal year ended March 31, 2016	-	30.00	-	30.00
Fiscal year ended March 31, 2017	-	30.00	-	30.00
Fiscal year ended March 31,2018 (forecast)	-	30.00	-	30.00
Total Dividends Paid	Dividends
(Full Year)	Payout Ratio	paid/Net Assets
Full Year	(Millions of Yen)	(Consolidated)	(Consolidated)
Fiscal year ended March 31, 2016	％	％
	60.00	5,042	116.3	3.8
Fiscal year ended March 31, 2017	60.00	4,997	166.7	3.9
Fiscal year ended March 31,2018 (forecast)	60.00	-	95.2	-

1. Forecast for the fiscal year ending March 2018 (from April 1, 2017 to March 31, 2018)

   (Unit: Millions of Yen, percentage figures denote year-on-year change)

   Net sales	Operating income	Ordinary income
   ％	％	％
   Annual	205,000	0.5	7,000	20.1	7,500	5.3
   Profit attributable to	Basic net income
   owners of parent	per share(Yen)
   ％
   Annual	5,200	72.4	63.02

   4.Other

2. Significant changes in subsidiaries during the year ended : None

3. Changes in accounting policies, accounting estimation change and restatement

4. Changes due to changes in accounting standard : None

5. Changes due to changes in accounting standard except (2)-1. : None

6. Changes due to accounting estimation change : None

7. Restatement : None

8. Shares outstanding (common stock)

9. Number of shares outstanding (including treasury stock) Fiscal year ended March 31, 2017 :84,050,105 shares Fiscal year ended March 31, 2016 : 86,950,105 shares

10. Number of treasury stock at the end of period Fiscal year ended March 31, 2017 : 1,538,020 shares Fiscal year ended March 31, 2016 : 2,945,239 shares

11. Average shares outstanding over period

12. Fiscal year ended March 31, 2017 : 83,773,625 shares

    Fiscal year ended March 31, 2016 : 84,731,200 shares

    ※These financial results are not subject to the audit procedures.

    ※Statement regarding the proper use of financial forecasts and other special remarks (Statement regarding the proper use of financial forecasts)

    These forecast performance figures are based on the information currently available to the Company's management and certain assumptions judged rational. Accordingly, these might be cases in which actual results materially differ from forecasts of this report.

    ※Autobacs Seven Co.,Ltd. will be held the Analysts Meeting on May 10, 2017. The presentation material and video picture of the meeting will be uploaded as soon as possible on the Company's website afterwards.