Suzuki : Summary of Business Results for the Second Quarter Ended December 31, 2015 (Consolidated)

Summary of Financial Results for FY March 2004 (Non-Consolidated) Summary of Business Results for the Second Quarter Ended December 31, 2015 [Japan GAAP] (Consolidated)

Company	Suzuki Co., Ltd.	Listed on the TSE
Stock Code	6785 URL: http://www.suzukinet.co.jp
Representative	Noriyoshi Suzuki, Representative Director and President
Contact	Katsuto Yokoyama, Senior Managing Executive Officer	T E L: +81-26-251-2600
Expected date of filing of quarterly report: February 10, 2016 Expected starting date of dividend payment: -
Preparation of quarterly supplementary financial document: Yes
Quarterly results briefing: Yes (for institutional investors and analysts)

February 8, 2016

１. Consolidated business results for the six months ended December 2015 (July 1, 2015 through December 31, 2015)

（Rounded down to million yen）

1. Consolidated results of operations (% change from the previous corresponding period)

   
   

   Net sales		Operating income		Ordinary income		Net income attributable to owners of parent
   Six months ended Dec. 2015	Million yen	%	Million yen	%	Million yen	%	Million yen	%
   	11,954	6.9	812	19.7	681	-13.5	198	-42.2
   Six months ended Dec. 2014	11,185	20.0	678	66.0	788	67.6	343	272.1

   (Note) Comprehensive income

   Six months ended December 2015: 87 million yen (-81.9%)

   Six months ended December 2014: 481 million yen (32.7%)

   Net income per share	Diluted net income per share
   Six months ended Dec. 2015	Yen	Yen
   	16.04	-
   Six months ended Dec. 2014	27.73	-

   (Note) The Company conducted a 2-for-1 stock split effective July 1, 2015. Therefore, net income per share was calculated assuming that the stock split was conducted at the beginning of the previous consolidated fiscal year (fiscal year ended June 2015).

   
   

2. Consolidated financial position

Total assets	Net assets	Shareholders' equity ratio
As of Dec. 2015	Million yen	Million yen	%
	19,468	12,559	62.3
As of Jun. 2015	18,915	12,857	64.7

(Reference) Shareholders' equity:

As of December 2015: 12,136million yen As of June 2015: 12,244 million yen

2. Dividends

Annual dividend
End of 1Q	End of 2Q	End of 3Q	Year-end	Total
Year ended Jun. 2015	Yen -	Yen 0.00	Yen -	Yen 22.00	Yen 22.00
Year ending Jun. 2016	-	0.00
Year ending Jun. 2016 (forecast)	-	11.00	11.00

(Note1) Revisions to dividend forecast for the current quarter: None

(Note2) The Company conducted a 2-for-1 stock split that became effective on July 1, 2015. Dividend for the fiscal year ended July 2015 is actual dividend on a pre-split basis.

3．Forecast of consolidated business results for the fiscal year ending June 2016 (July 1, 2015 through June 30, 2016) (% change from the previous corresponding period)

Net sales		Operating income		Ordinary income		Net income attributable to owners of parent		Net income per share
Year ending Jun. 2016	Million yen	%	Million yen	%	Million yen	%	Million yen	%	Yen
	22,934	2.6	1,113	-1.8	1,196	-13.0	521	-10.9	42.07

(Note1) Revisions to business forecast for the current quarter: None

(Note2) The Company conducted a 2-for-1 stock split effective July 1, 2015. Therefore, net income per share in the forecast of consolidated business results was calculated based on the after-split number of shares outstanding (excluding the treasury stock).

*Notes

1. Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes in the scope of consolidation): None

2. Application of accounting procedures specific to preparation of the consolidated quarterly financial statements:

   None

   
   

3. Changes in accounting policies, accounting estimates and restatement

   ①Changes in accounting policies associated with revision of accounting standards: ②Changes in accounting policies other than ① ③Changes in accounting estimates ④Restatement

   : Yes : None : None : None

   
   

4. Shares outstanding (common stock)

As of December 2015 As of June 2015

12,390,000 shares 12,390,000 shares

① Number of shares outstanding at the end of period (treasury stock included)

② Treasury stock at the end of period

As of December 2015 As of June 2015

4,368 shares 4,368 shares

③ Average number of stock during period (quarterly cumulative period)

Six months ended December 2015 Six months ended December 2014

12,385,632 shares 12,385,632 shares

(Note) The Company conducted a 2-for-1 stock split effective July 1, 2015. Therefore, numbers of shares were calculated assuming that the stock split was conducted at the beginning of the previous consolidated fiscal year (fiscal year ended June 2015).

*Implementation status of quarterly review procedure

This financial summary is not subject to the quarterly review procedures pursuant to the Financial Instruments and Exchange Act. At the time of disclosure of this report, the procedures for review of consolidated financial statements pursuant to the Financial Instruments and Exchange Act have not been completed.

*Explanation regarding appropriate use of business forecasts and other special instructions

Forecasts regarding future performance in this material are based on information currently available to the Company and certain assumptions that the Company deems to be reasonable at the time this report was prepared. The Company does not make promises about the achievements. Actual results may differ significantly from the forecasts due to various factors.