ASSETS

Current assets

CONSOLIDATED BALANCE SHEETS

Q1/FY2017 FY2016

Jun 30, 2017 Mar 31, 2017

(Thousands of yen)

Inc/(Dec)

Cash and deposits

5,961,261

5,818,150

143,111

Receivables:

Notes and accounts receivable-trade

9,911,228

9,248,141

663,087

Allowance for doubtful accounts

(16,945)

(16,924)

(21)

Inventories

6,359,421

5,903,252

456,169

Other

1,568,692

1,490,855

77,837

Total current assets

23,783,657

22,443,474

1,340,183

Noncurrent assets

Net property, plant and equipment

8,046,139

7,782,936

263,203

Intangible assets

500,021

579,864

(79,843)

Net defined benefit asset

12,246

-

12,246

Investments and other non-current assets

2,631,098

2,513,535

117,563

Total noncurrent assets

11,189,504

10,876,335

313,169

Total assets

34,973,161

33,319,809

1,653,352

LIABILITIES

Current liabilities

Q1/FY2017 FY2016

Jun 30, 2017 Mar 31, 2017

Inc/(Dec)

Notes and accounts payable-trade

5,311,957

4,690,101

621,856

Short-term loans payable

2,360,960

2,364,965

(4,005)

Income taxes payable

147,514

188,500

(40,986)

Provision for bonuses

231,074

425,981

(194,907)

Other

3,144,498

2,412,008

732,490

Total current liabilities

11,196,003

10,081,555

1,114,448

Noncurrent liabilities

Long-term loans payable

1,600,000

1,600,000

-

Provision for product warranties

88,973

89,124

(151)

Net defined benefit liability

153,668

144,034

9,634

Other

506,175

568,990

(62,815)

Total noncurrent liabilities

2,348,816

2,402,148

(53,332)

Total liabilities

13,544,819

12,483,703

1,061,116

NET ASSETS

Shareholders' equity

Capital stock

3,996,269

3,996,269

-

Capital surplus

3,981,928

3,981,928

-

Retained earnings

12,899,740

12,642,064

257,676

Treasury stock

(800,465)

(854,955)

54,490

Deposit for subscriptions to treasury shares

566

1,977

(1,411)

Total shareholders' equity

20,078,038

19,767,283

310,755

Valuation and translation adjustments

Valuation difference on available-for-sale securities

574,712

382,371

192,341

Foreign currency translation adjustment

503,708

406,640

97,068

Remeasurements of defined benefit plans

259,067

263,547

(4,480)

Total valuation and translation adjustments

1,337,487

1,052,558

284,929

Subscription rights to shares

12,817

16,265

(3,448)

Total net assets

21,428,342

20,836,106

592,236

Total liabilities and net assets

34,973,161

33,319,809

1,653,352

CONSOLIDATED STATEMENTS OF INCOME

Q1/FY2017 Q1/FY2016

Apr'17-Jun'17 Apr'16-Jun'16

(Thousands of yen)

Inc/(Dec)

Net sales

12,324,911

10,383,224

1,941,687

Costs and expenses

Cost of sales

9,952,946

8,332,082

1,620,864

Selling, general and administrative expenses

1,754,728

1,512,037

242,691

11,707,674

9,844,119

1,863,555

Operating income

617,237

539,105

78,132

Other income (expenses)

Interest and dividends income

16,838

16,183

655

Interest expenses

(18,895)

(11,384)

(7,511)

Foreign exchange gains (losses), net

(1,828)

(367,337)

365,509

Foreign tax refund

78,820

251

78,569

Other

(43,143)

(2,683)

(40,460)

31,792

(364,970)

396,762

Income before income taxes

649,029

174,135

474,894

Income taxes

Income taxes-current and prior periods

123,095

128,871

(5,776)

Income taxes-deferred

1,922

2,006

(84)

Total income taxes

125,017

130,877

(5,860)

Profit (loss)

524,012

43,258

480,754

Profit (loss) attributable to non-controlling interests Profit (loss) attributable to owners of parent

-

524,012

-

43,258

-

480,754

Amounts per share of common stock:

Net income Diluted net income

26.01 2.16 23.85

25.88 - 25.88

Cash dividends applicable to the period - - -

YOKOWO CO., LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

Q1/FY2017

Apr'17-Jun'17

Q1/FY2016

Apr'16-Jun'16

Inc/(Dec)

Profit (loss)

524,012

43,258

480,754

Other comprehensive income

Valuation difference on available-for-sale securities

192,341

(108,586)

300,927

Foreign currency translation adjustment

97,068

(866,037)

963,105

Remeasurements of defined benefit plans, net of tax

(4,480)

10,099

(14,579)

Total other comprehensive income

284,929

(964,524)

1,249,453

Comprehensive income

808,941

(921,266)

1,730,207

Comprehensive income attributable to abstract

Comprehensive income attributable to owners of the parent Comprehensive income attributable to minority interests

808,941

-

(921,266)

-

1,730,207

-

Yokowo Co. Ltd. published this content on 04 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 04 August 2017 07:28:11 UTC.

Original documenthttp://www.yokowo.co.jp/english/ir/pdf/release_1708.pdf

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