Hosiden : Financial Results of the Fiscal Year ended March.31,2016

9ec9405f-0417-4a38-ad58-4a3f4ea8b843.pdf

FINANCIAL RELEASE‌‌‌‌‌

FROM APRIL.1,2015 TO MARCH.31,2016

HOSIDEN CORPORATION

May.12,2016

1. Consolidated Results For The Years Ended March.31, 2016 And 2015

2. Consolidated Operating Results(Years ended March.31,2016 and 2015) Percentages indicate year - on - yearchanges

   Net Sales	Operating Income	Ordinary Income	Profit attributable to owners of parent
   2016 2015	Millions of yen % 139,949 (5.6) 148,237 (27.7)	Millions of yen% (2,835) - (2,800) -	Millions of yen % (5,134) - 1,819 (48.8)	Millions of yen% (10,698) - 122 -

   Net Income Per Share		Diluted Net Income Per Share		Return on Equity		Ordinary Income to Total Assets		Operating Income to Net Sales
   2016	Yen	Yen	- -	%	%	- -	%
   	(173.65)			-	-
   2015	1.88			0.1	1.4

3. Consolidated Financial Position(As of March.31,2016 and 2015)

   Total Assets	Net Assets	Shareholders' Equity Ratio	Net Assets Per Share
   2016 2015	Millions of yen 106,716 128,517	Millions of yen 76,162 89,918	% 71.4 70.0	Yen 1,239.20 1,421.02

4. Consolidated Cash Flows(Years ended March.31,2016 and 2015)

   Cash Flows from Operating Activities		Cash Flows from Investing Activities		Cash Flows from Financing Activities		Cash Flows from Equivalents (FY End)
   2016 2015	Millions o	f yen 4,156 7,641	Millions of	yen (2,372) (3,692)	Millions	of yen (2,986) (2,785)	Millions	of yen 54,015 55,744

5. Dividends(Years ended March.31,2016 and 2015,and the year ending March.31,2017)

   Dividends per Share(Yen)			Dividends in Total (annual)	Dividend Payout Ratio (consolidated)	Dividends on Net Assets
   Interim	Year-End	Annual
   2015	Yen 5.00	Yen 5.00	Yen 10.00	Millions of yen 647	% 530.3	% 0.7
   2016	5.00	5.00	10.00	614	-	0.7
   2017 (Projected)	3.00	3.00	6.00		21.7

6. Consolidated Forecasts for the year ending March.31,2017

7. Net Sales	Operating Income	Ordinary Income	Profit attributable to owners of parent	Net Income Per Share
   Interim Period Entire Year	Millions of yen % 59,000 (23.8) 152,000 8.6	Millions of yen % (300) - 2,200 -	Millions of yen % (300) - 2,200 -	Millions of yen % (500) - 1,700 -	Yen (8.14) 27.66

   -2-

   (Reference)Non-Consolidated Results

   Net Sales	Operating Income	Ordinary Income	Net Income
   2016	Millions of yen %	Millions of yen %	Millions of yen %	Millions of yen %
   	93,246 (13.6)	(3,074) -	(4,159) -	(9,385) -
   2015	107,953 (23.9)	(1,822) -	3,206 109.5	(2,539) -

   1.Non-Consolidated Results For The Years Ended March.31, 2016 And 2015 (1)Non-Consolidated Operating Results(Years ended March.31,2016 and 2015)

   Net Income Per Share	Diluted Net Income Per Share
   2016 2015	Yen (152.34) (39.09)	Yen - -

   (2)Non-Consolidated Financial Position(As of March.31,2016 and 2015)

   Total Assets	Net Assets	Shareholders' Equity Ratio	Net Assets Per Share
   2016 2015	Millions of yen 88,746 103,817	Millions of yen 58,397 70,487	% 65.8 67.9	Millions of yen 950.16 1,113.94

   CONSOLIDATED BALANCE SHEETS

   Yen (millions)

   ASSETS
   ACCOUNT ITEMS	Mar.31,2015	Mar.31,2016
   Current Assets

8. Cash and Deposits

9. Notes Receivable and Accounts Receivable-Trade

10. Short-term Investment Securities

11. Inventories

12. Deferred Tax Assets

13. Accounts Receivable from Sub-contractors

14. Other Current Assets

Allowance for Doubtful Receivables Total of Current Assets

Fixed Assets

(1) Property plant and equipment

1. Buildings and Structures

2. Machinery, Equipment and Vehicles

3. Land

4. Construction in Progress

5. Other Property plant and equipment Total of Property plant and equipment

1. Intangible Assets

2. Investments and Other Assets

1. Investment Securities

2. Net Defined Benefit Assets

3. Deferred Tax Assets

4. Other Investments

Allowance for Doubtful Receivables Total of Investments and Other Assets Total of Fixed Assets

34,641

31,629

24,953

17,318

21,500

22,701

22,061

14,751

575

272

1,292

1,147

3,880

3,483

(47)

(25)

108,860

91,280

4,780

4,395

3,606

1,854

3,638

3,630

23

79

1,474

496

13,524

10,457

405

230

4,411

3,483

4

2

423

603

1,229

999

(341)

(341)

5,727

4,748

19,657

15,435

Total Assets

128,517

106,716