rendering of services 357.9 80.1 480.8 81.1 (122.9) (25.6) Gross Profit 88.6 19.9 111.7 18.9 (23.1) (20.7) Gain on disposal of property, plant and equipment - - 148.0 25.0 (148.0) (100.0) Selling and

) (2,323.4) 29.4% Gross profit 465.6 471.6 463.7 (1.7%) (0.4%) 905.0 935.3 3.3% Net gain (loss) on exchange rate 30.9 (4.6) 86.7 N.A.(

% (3,634.8) (3,562.1) (2.0%) Gross profit 458.7 398.2 462.0 16.0% 0.7% 1,346.5 1,210.2 (10.1%) Net gain (loss) on exchange rate 40.5 16.4 (190.7) N.A. N.A. 85.8 (79.9) N.A. Gain (loss) on forward contracts

) (1,191.7) (1,168.7) (1,165.6) (3.1) (0.3%) (5,044.3) (4,800.4) (243.9) (4.8%) Gross profit 466.2 421.6 458.7 435.8 (22.9) (5.0%) 1,872.7 1,782.3 (90.4) (4.8%) Net gain (loss) on exchange rate (17.4) 62.7

Operating Profit 10,879 9,202 10,063 -7.5% 9.3% 10,024 (39) Depreciation & amortization 8,079 8,919 8,847 10% -0.8% 8,847 - (Gain) loss on disposals of PPE - (20) 29 NA -245% 29 - Management benefit expense

Equity Yours faithfully, Mr. Hiroaki Sano Managing Director Financial Ratios Q2 2018 Q2 2017 Gross profit margin 19.2% 20.1% Net profit margin 12.0% 8.4% Debt to Equity ratio 0.11 0.14 Earnings per share

6,026 5,494 -12% -8.8% Marketing Expense 1,762 1,684 1,642 -6.8% -2.5% Admin and others 4,511 4,342 3,852 -15% -11% Operating profit 9,815 9,252 9,613 -2.1% 3.9% Net foreign exchange gain (loss) -430 263

3,331 16% Admin and others 3,908 4,046 3,850 -1.5% -4.8% 7,759 7,896 1.8% Operating profit 9,676 9,064 9,184 -5.1% 1.3% 19,289 18,247 -5.4% Net foreign exchange gain (loss) -157 -42 -335 113% 688% -380

from sales and rental and rendering of services (5) Adjustment to earnings are Net gain(loss) on foreign exchange, Impairment gain(loss), Gain(loss) on disposal of assets, Gain(loss) on disposal of

subsidiaries were sold (6) Adjustment to earnings are Net gain(loss) on foreign exchange, Impairment gain(loss), Gain(loss) on disposal of assets, Gain(loss) on disposal of entities under common control, Gain on