Hosiden : Partial revision of HOSIDEN’s consolidated financial results for fiscal 2017

May 25, 2018

Company name	HOSIDEN Corporation
Representative	Kenji Furuhashi
President and Representative Director
Code number	6804
Contacts	Shinji Hombo
Director
TEL	072-993-1010

Revisions (including revision of numerical data)

Partial revision of HOSIDEN's consolidated financial results for fiscal 2017

HOSIDEN corporation has determined the necessity of making certain revisions (as shown below) to the contents of the "HOSIDEN's Consolidated Financial Results for Fiscal 2017". HOSIDEN has also made certain revisions to the numerical data. These are included in the Revised "HOSIDEN's Consolidated Financial Results for Fiscal 2017" stated below.

Revisions of the text or numerical data are indicated by the underlined portions.

1. Reasons for the revisions

In the previously announced "HOSIDEN's Consolidated Financial Results for Fiscal 2017", "Deferred tax assets" was offset with "Deferred tax liabilities" in the Consolidated Balance sheets of the Consolidated Financial Statements. However, part of "Deferred tax assets" should be stated independently.

This correction is a change in classification and does not affect Income statement information.

2.Details of revisions

(2) Consolidated Financial Position (As of March.31, 2018 and 2017) ʲBefore revisionʳ

Total Assets	Net Assets	Shareholders' Equity Ratio	Net Assets Per Share
2018 2017	Millions of yen 138,055 119,045	Millions of yen 86,992 76,661	% 63.0 64.4	Yen 1,463.09 1,289.30

ʲAfter revisionʳ

Total Assets	Net Assets	Shareholders' Equity Ratio	Net Assets Per Share
2018 2017	Millions of yen 139,390 119,045	Millions of yen 86,992 76,661	% 62.4 64.4	Yen 1,463.09 1,289.30

(2) Non-Consolidated Financial Position (As of March.31, 2018 and 2017) ʲBefore revisionʳ

Total Assets	Net Assets	Shareholders' Equity Ratio	Net Assets Per Share
2018 2017	Millions of yen 120,325 103,465	Millions of yen 64,739 58,355	% 53.8 56.4	Yen 1,088.82981.42

ʲAfter revisionʳ

Total Assets	Net Assets	Shareholders' Equity Ratio	Net Assets Per Share
2018 2017	Millions of yen 121,119 103,465	Millions of yen 64,739 58,355	% 53.5 56.4	Yen 1,088.82981.42

CONSOLIDATED BALANCE SHEETS ʲBefore revisionʳ

Yen (millions)
ASSETS
ACCOUNT ITEMS	Mar.31,2017	Mar.31,2018
Current assets (Omission) 5. Deferred tax assets (Omission) Total of current assets Fixed assets (Omission) (3) Investments and other assets 3. Deferred tax assets (Omission) Total of investments and other assets Total of fixed assets	610	689
	100,386 479	117,968 -
	5,898	5,748
	18,658	20,086
Total assets	119,045	138,055

ʲAfter revisionʳ

Yen (millions)
ASSETS
ACCOUNT ITEMS	Mar.31,2017	Mar.31,2018
Current assets (Omission) 5. Deferred tax assets (Omission) Total of current assets Fixed assets (Omission) (3) Investments and other assets 3. Deferred tax assets (Omission) Total of investments and other assets Total of fixed assets	610	1,484
	100,386 479	118,763 540
	5,898	6,288
	18,658	20,626
Total assets	119,045	139,390

CONSOLIDATED BALANCE SHEETS ʲBefore revisionʳ

Yen (millions)
LIABILITIES
ACCOUNT ITEMS	Mar.31,2017	Mar.31,2018
(Omission)
Long-term liabilities
(Omission) 2. Deferred tax liabilities (Omission) Total of long-term liabilities	1,736	272
	7,511	15,675
Total liabilities	42,384	51,062
(Omission)
Total liabilities and shareholders' equity	119,045	138,055

ʲAfter revisionʳ

Yen (millions)
LIABILITIES
ACCOUNT ITEMS	Mar.31,2017	Mar.31,2018
(Omission)
Long-term liabilities
(Omission) 2. Deferred tax liabilities (Omission) Total of long-term liabilities	1,736	1,607
	7,511	17,011
Total liabilities	42,384	52,397
(Omission)
Total liabilities and shareholders' equity	119,045	139,390

SEGMENT INFORMATION ʲBefore revisionʳ

The Year Ended March 31,2018(From April 1,2017 to March 31,2018) Yen (millions)
Reportable segments					Adjusted amount or corporate	Amount on consolidated
Electro-mechanical components	Acoustic components	Display components	Applied equipment and others	Total
(Omission)
Segment asset	65,624	7,589	3,637	2,138	78,989	59,065	138,055
(Omission)

ʲAfter revisionʳ

The Year Ended March 31,2018(From April 1,2017 to March 31,2018) Yen (millions)
Reportable segments					Adjusted amount or corporate	Amount on consolidated
Electro-mechanical components	Acoustic components	Display components	Applied equipment and others	Total
(Omission)
Segment asset	65,624	7,589	3,637	2,138	78,989	60,400	139,390
(Omission)