Hosiden : Financial Results for the six months ended September.30, 2018.

FINANCIAL RELEASE

FROM APRIL 1,2018

TO SEPTEMBER 30,2018

HOSIDEN CORPORATION

November.2,2018

1. Consolidated Results For The Six Months Ended September.30, 2018 (1)Consolidated Operating Results(Six months ended Sep.30 ,2018)Percentages indicate year - on - year changes

Net Sales	Operating Income	Ordinary Income	Profit attributable to owners of parent
Six months ended Sep.30,2018 Six months ended Sep.30,2017	Millions of yen % 135,995 (3.5) 140,905 145.2	Millions of yen % 5,712 (3.5) 5,919 -	Millions of yen % 9,157 37.3 6,669 -	Millions of yen % 6,991 20.3 5,809 -

Net Income Per Share	Diluted Net Income Per Share
Six months ended Sep.30,2018 Six months ended Sep.30,2017	Yen 117.58 97.71	Yen 109.88 96.58

(2)Consolidated Financial Position(As of Sep.30,2018 and as of March.31,2018)

Total Assets	Net Assets	Shareholders' Equity Ratio
As of Sep.30,2018 As of Mar.31,2018	Millions of yen 144,776 138,192	Millions of yen 92,598 86,992	% 64.0 63.0

2.Dividends(Years ended March.31,2018 and the year ending March.31,2019)

Dividends per Share(Yen)
1st quarter	2nd quarter	3rd quarter	Year-end	Annual
2018 2019	Yen - -	Yen 5.00 10.00	Yen -	Yen 15.00	Yen 20.00
2019(Projected)	-	10.00	20.00

3.Consolidated Forecasts for the year ending March.31,2019

Percentages indicate year - on - year changesNet Sales

Operating Income

Ordinary Income

Profit attributable to owners of parent

Net Income Per Share

Year ending March.31,2019

Millions of yen

310,000 3.5

%

Millions of yen

10,000 (23.3)

%

Millions of yen

10,000 (5.2)

%

Millions of yen

7,500 (26.7)

%

Yen 126.14

CONSOLIDATED BALANCE SHEET

ASSETS
ACCOUNT ITEMS	As of March.31,2018	As of Sep.30,2018
Current assets 1. Cash and deposits 2. Notes receivable and accounts receivable-trade 3. Short-term investment securities 4. Inventories 5. Other current assets 6. Allowance for doubtful receivables Total of current assets Fixed assets Property, plant and equipment Intangible assets Investments and other assets 1. Investment securities 2. Other investments Allowance for doubtful receivables Total of investments and other assets Total of fixed assets	45,087 30,494 8,100 28,869	38,384 40,835 2,601 37,285 4,590 (26)
	4,751
	(25)
	117,279 13,998 339 5,170	123,672 14,361 327 4,968 1,857 (410)
	1,758
	(353)
	6,575	6,415
	20,913	21,104
Total assets	138,192	144,776

Yen (millions)

LIABILITIES
ACCOUNT ITEMS	As of March.31,2018	As of Sep.30,2018
Current liabilities 1. Notes payable and accounts payable-trade 2. Short-term debt 3. Income tax payable 4. Other current liabilities Total of current liabilities Long-term liabilities 1. Convertible bond-type bonds with subscription rights to shares 2. Retirement allowance 3. Other long-term liabilities Total of long-term liabilities	24,390 5,064 1,320	25,261 3,702 1,781 4,518
	4,607
	35,383 10,137 4,481	35,263 10,126 4,581 2,206
	1,197
	15,816	16,914
Total liabilities	51,199	52,178
SHAREHOLDERS' EQUITY
Owner's equity 1. Common stock 2. Additional paid-in capital 3. Retained earnings 4. Treasury stock Total of owner's equity Accumulated other comprehensive income 1. Unrealized gains on other securities 2. Foreign currency translation adjustments 3. Remeasurements of defined benefit plans Total of accumulated other comprehensive income	13,660 19,596 60,658 (7,750)	13,660 19,596 66,757 (7,750)
	86,165 2,298 (1,703) 233	92,264 2,368 (2,228) 194
	827	334
Total shareholders' equity	86,992	92,598
Total liabilities and shareholders' equity	138,192	144,776

CONSOLIDATED STATEMENT OF INCOME

ACCOUNT ITEMS	Six months ended Sep.30,2017	Six months ended Sep.30,2018
Net sales Cost of sales Gross profit Selling, general and administrative expenses Operating income Non-operating income 1. Interest income 2. Dividends received 3. Exchange gain 4. Other Non-operating expenses 1. Interest expenses 2. Bond issuance costs 3. Other Ordinary income Extraordinary income 1. Gains on sales of fixed assets 2. Gains on liquidation of subsidiaries 3. Other Extraordinary loss 1. Loss on disposal and sales of fixed assets 2. Loss on sales of investment securities Income before income taxes Income taxes 1. Current income taxes 2. Deferred income taxes Net income Profit attributable to non-controlling interests Profit attributable to owners of parent	140,905 129,529	135,995 124,836
	11,376	11,158
	5,457	5,446
	5,919	5,712
	859	3,515
	34 44 716 65	73 50 3,330 61
	(109)	(70)
	(73) (29) (6)	(64) - (5)
	6,669	9,157
	2	247
	2	2
	-	240
	-	4
	(1)	(0)
	(0) (0)	(0) -
	6,670 861	9,404 2,413
	931 (70)	1,497 915
	5,809	6,991
	-	-
	5,809	6,991