Intage : Consolidated Financial Results for the Fiscal Year Ended March 31, 2019 and Future Growth Strategies

Financial results presentation for institutional investors and analysts

Consolidated Financial Results for the Fiscal Year Ended March 31, 2019 and Future Growth Strategies

May 15, 2019

Security code: 4326

Contents

• Results for the Fiscal Year Ended March 31, 2019
• Review of the 12th Medium-Term Management Plan (FY2018)
• Strategic Points of the 12th Medium-Term Management Plan (FY2019) and Others
• Topics
• Change in Fiscal Year-End and Forecasts for the Fiscal Year
  Ending March 31, 2020 (Consolidated / by Segment)
• Shareholder Return

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Results for the Fiscal Year Ended

March 31, 2019

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(¥ million)

Summary of Consolidated Statements of Income

Both net sales and operating income were higher than both the previous year's levels and the forecasts, as steady sales from existing businesses and M&As contributed to the sales growth, while robust investments and strong performance towards the end of the fiscal year, in particular, contributed to the operating income growth.

	Year ended	Year ended		Year ended	Compared to
	Y/Y	Mar. 31, 2019
	Mar. 31, 2018	Mar. 31, 2019	forecasts
		(Forecasts)
Net sales	50,499	53,986	+6.9%	53,000	+1.9%
Operating	4,023	4,268	+6.1%	4,200	+1.6%
income
Ordinary	4,311	4,215	-2.2%	4,250	-0.8%
income
Net income	3,050	2,859	-6.3%	2,900	-1.4%
attributable to
owners of parent
EPS (Yen)	76.08	69.47	－	－	－
ROA (%)	7.6	6.6	－	－	－

(Note) A 2-for-1 stock split of the Company's outstanding shares of common stock implemented on October 1, 2017 is factored into EPS figures.

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Summary of Consolidated Balance Sheets and Consolidated

		Statements of Cash Flows			(¥ million)
		Summary of Consolidated Balance	Year ended		Year ended	Increase/	Remarks
		Sheets	Mar. 31, 2018		Mar. 31, 2019	Decrease
		Current assets	26,639		27,822	＋1,183	Increased assets as a result of inclusion of new
			consolidated subsidiaries
		Non-current assets	14,847		17,701	＋2,854	Increased investment securities as well as increased
			goodwill as a result of inclusion of new consolidated
							subsidiaries
		Total assets	41,486		45,524	＋4,037
		Current liabilities	11,601		13,962	＋2,360	Increased borrowings under commitment line and
			increased liabilities as a result of inclusion of new
							consolidated subsidiaries
		Non-current liabilities	2,456		2,574	＋118
		Total liabilities	14,057		16,536	＋2,478
		Total net assets	27,428		28,987	＋1,558	Mainly increased retained earnings deriving from net
			income attributable to owners of parent
		Total liabilities and net assets	41,486		45,524	＋4,037
		Summary of Consolidated Statements of	Year ended		Year ended	Increase/	Remarks
		Cash Flows	Mar. 31, 2018		Mar. 31, 2019	Decrease
		Cash flows from operating activities	3,188		4,279	＋1,091	Mainly increased decrease in notes and accounts
			receivable-trade
		Cash flows from investing activities	-2,414		-4,087	-1,672	Increased in purchase of shares of subsidiaries resulting in
			change in scope of consolidation
		Cash flows from financing activities	399		-58	-457
		Effect of exchange rate changes on	10		-35	-45
		cash and cash equivalents
		Net increase (decrease) in cash and	1,183		98	-1,085
		cash equivalents
		Cash and cash equivalent at	10,418		11,622	＋1,203
		beginning of year
		Cash and cash equivalents at end of	11,622		11,720	＋98
		year

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