March 13, 2015

For immediate release

Company Name: Dai Nippon Printing Co., Ltd. Stock Code: 7912 (TSE1)

Name of Representative: Yoshitoshi Kitajima, President

Direct queries to: Takaaki Tamura, General Manager, Press and Public Relations

TEL: +81-3-5225-8220

Subsidiary Maruzen CHI Holdings Co., Ltd.'s Differences between Consolidated Earnings Forecasts and Actual Results for the Fiscal Year Ended January 31, 2015

Dai Nippon Printing Co., Ltd. (DNP) subsidiary Maruzen CHI Holdings Co., Ltd. reported results today that differed from the full-year consolidated earnings forecasts announced on March 14,
2014. Please see attachment.
The impact of the differences on DNP's consolidated and non-consolidated financial performance in the current fiscal year ending March 2015 is likely to be minimal.

Attachment

For immediate release

March 13, 2015

Company Name: Maruzen CHI Holdings Co., Ltd.

Stock Code: 3159 (TSE1)

Name of Representative: Kiyotaka Nakagawa, President

Direct queries to: Kenichiro Takahashi, Executive Officer, Manager of General Affairs Dept.

TEL: +81-3-5225-8787

Differences between Consolidated Earnings Forecasts and Actual Results for the Fiscal Year Ended January 31, 2015

The differences between Maruzen CHI Holdings Co., Ltd.'s consolidated financial forecasts for the fiscal year ended January 31, 2015, announced on March 14, 2014, and the actual results announced today are shown in the table below.

1. Differences between consolidated earnings forecasts and the actual results for the fiscal year ended January 31, 2015 (February 1, 2014-January 31, 2015)

Net sales

Operating income

Ordinary income

Net income

Net income per share

Previous forecast (A)

Million yen

167,000

Million yen

1,500

Million yen

1,350

Million yen

480

Yen

5.19

Actual results (B)

168,812

2,024

1,897

845

9.13

Change (B-A)

1,812

524

547

365

-

Change (%)

1.1

34.9

40.5

76.0

-

Previous year result (fiscal year ended January 31, 2014)

163,337

1,473

1,513

904

9.77

2. Reasons for the differences

Net sales surpassed our initial forecast by ¥1,812 million, despite the consumption tax hike affecting the stores and internet sales business and a portion of the education market sales business, due to strong sales in the remaining education market sales business, library support business, and other business. Operating income surpassed our initial forecast by
¥524 million, ordinary income by ¥547 million, and net income by ¥365 million as a result of higher sales and cost cutting.

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