4-9, Umeda 2-chom
Osaka, 530-0001,
(Translation)
January 31, 2017
BRIEF STATEMENT OF ACCOUNTS FOR THE THIRD QUARTER OF THE YEAR ENDING MARCH 31, 2017(Based on the accounting principles generally accepted in the United States) (Consolidated)
Name of listed company: NH Foods Ltd. (the "Company")
Listing exchange: Tokyo Stock Exchange
Code number: 2282
URL: http://www.nipponham.co.jp/en/
Representative: Juichi Suezawa
President and Representative Director
Further inquiries: Yoshitaka Hasegawa
General Manager of Accounting & Finance Department,
Corporate Management Division TEL +81-6-7525-3042
Scheduled date of filing of quarterly report: February 6, 2017 Scheduled date of payment of dividends: -
Preparation of supplementary information on
quarterly statement of accounts: Yes
Holding of quarterly results briefing: Yes (results briefing for institutional investors
and analysts)
(Figures are indicated by counting fractions of 1/2 or more of a million yen as one and discarding the rest.)
- Consolidated business results for the third quarter of the year ending March 31, 2017 (April 1, 2016 through December 31, 2016):
Consolidated operating results (accumulated):
(The percentages indicate the rates of increase (decrease) from the third quarter of the previous fiscal year.)
Income from
Net sales Operating income
continuing operations before income taxes and equity in earnings (losses) of associated companies
Net income attributable to NH Foods Ltd.
Third quarter of the year ending
(millions of yen) % (millions of yen) % (millions of yen) % (millions of yen) %
March 31, 2017 926,349 (2.8) 46,365 5.6 42,527 3.2 29,633 9.0
Third quarter of the year ended
March 31, 2016 953,437 3.3 43,925 3.7 41,198 0.0 27,195 (11.7)
(Note) Quarterly comprehensive income attributable to NH Foods Ltd.:
Third quarter of the year ending March 31, 2017:
¥31,663 million
24.0%
Third quarter of the year ended March 31, 2016:
¥25,529 million
(31.9%)
(yen)
Earning per share attributable to NH Foods Ltd. shareholders
(basic)
Earning per share attributable to NH Foods Ltd. shareholders
(diluted)
Third quarter of the year ending March 31, 2017
145.47
136.50
Third quarter of the year ended March 31, 2016
133.50
125.28
(Notes) 1. Operating income is calculated by deducting cost of goods sold and selling, general and administrative expenses from net sales in accordance with the Japanese accounting practices.
2. Operations which were discontinued in the second quarter of the year ending March 31, 2017 are presented herein by partially reclassifying the numbers of the third quarter of the year ending March 31, 2016, in accordance with Accounting Standards Codification ("ASC") 205 "Presentation of Financial Statements."
Consolidated financial position:
Total assets
Total equity
Total
NH Foods Ltd. shareholders' equity
NH Foods Ltd. shareholders' equity ratio
Total
NH Foods Ltd. shareholders' equity per share
(millions of yen)
(millions of yen)
(millions of yen)
(%)
(yen)
Third quarter of the year ending March 31, 2017
742,875
385,812
381,462
51.3
1,872.54
Year ended March 31, 2016
682,855
361,360
356,353
52.2
1,749.36
-
State of dividends:
(yen)
Annual dividend
First quarter-end
Second quarter-end
Third quarter-end
Year-end
Total
Year ended March 31, 2016
-
-
-
33.00
33.00
Year ending March 31, 2017
-
-
-
Year ending March 31, 2017 (forecast)
46.00
46.00
(Note) Adjustment to the most recently publicized forecast of dividends: None
- Forecast of consolidated business results for the year ending March 31, 2017 (April 1, 2016 through March 31, 2017):
(The percentages indicate the rates of increase (decrease) from the previous fiscal year.)
Income from continuing
Net sales Operating income
operations before income taxes and equity in earnings of associated companies
Net income attributable to NH Foods Ltd.
Earnings per share
attributable to NH Foods Ltd.
shareholders (basic)
(millions of
yen) (%)
(millions of
yen) (%)
(millions of
yen) (%)
(millions of
yen) (%) (yen)
Whole-year period 1,200,000 (2.4) 53,000 7.7 49,000 38.8 34,000 56.1 166.91
(Notes) 1. Adjustment to the most recently publicized forecast of business results: Yes
2. The rates of increase (decrease) from the previous fiscal year are calculated based on the reclassified numbers represented in accordance with ASC 205.
The forecast of consolidated business results and the forecast of non-consolidated business results for the year ending March 31, 2017 have been adjusted based on recent business trend. For details, please refer to "Notice of the Adjustment to the Forecast of Business Results" announced on January 31, 2017.
Notes:
Changes in significant subsidiaries (changes in specific subsidiaries involving a change in the scope of consolidation)
during the period under review: None
Application of simplified accounting treatments and special
accounting treatments: None
Changes in accounting policies:
Changes associated with changes in accounting standards: None
Other changes: None
For more information, please refer to "2. Other Information: (3) Changes in Accounting Policies and (4) Basis of Preparation of Consolidated Quarterly Financial Statements" on page 11 hereof.
Number of shares issued (shares of common stock):
Number of shares issued (including shares of treasury stock) as of the end of the period:
Third quarter of the year ending March 31, 2017: 204,000,000 shares Year ended March 31, 2016: 204,000,000 shares
Number of shares of treasury stock as of the end of the period:
Third quarter of the year ending March 31, 2017: 286,158 shares
Year ended March 31, 2016: 295,049 shares
Average number of shares outstanding during the period:
Third quarter of the year ending March 31, 2017: 203,707,988 shares Third quarter of the year ended March 31, 2016: 203,700,577 shares
Statement on the state of performance of quarterly review procedures:
This brief statement of accounts for the period under review is not subject to quarterly review procedures under the Financial Instruments and Exchange Act of Japan. The review procedures of quarterly financial statements in accordance with the Financial Instruments and Exchange Act have not been completed at the time of disclosure hereof.
* Explanation for the appropriate use of the forecast of business results and other special instructions
The descriptions herein about the future, including the forecast of business results, are based on the information currently available to the Company and certain assumptions considered reasonable by the Company and are not contemplated to ensure the fulfillment thereof. The actual results may materially differ from such forecast and plans depending on various factors. The Company, therefore, wishes to caution that readers should not place undue reliance on these descriptions to make investment decisions. Further, unless obligated by laws or ordinances or the rules of financial instruments exchanges, the Company will not necessarily, or is not obligated to, revise such descriptions about the future, including the forecast of business results notwithstanding any information or event in the future or any result arising therefrom, or publicize such revised information. For information on the conditions precedent to the forecast of business results and cautionary notes for the use of the forecast of business results, please refer to "1. Qualitative Information on the Consolidated Business Results and Others for the Third Quarter of the Fiscal Year under Review: (3) Qualitative Information on the Forecast of Consolidated Business Results" on page 11.
NH Foods Ltd. published this content on 31 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 February 2017 00:07:02 UTC.
Original documenthttp://www.nipponham.co.jp/eng/ir/library/accounting/pdf/2017/20170228.pdf
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