URL: www.walden.co.jp E-mail: yoshiyuki_muroya@walden.co.jp 03 (3553) 3769 8737 EPS DPS BPS FY03/2016 5,391 305 490 (1,464) (99.7) 15.0 515 FY03/2017 4,312 (458) 421 239 15.9 8.0 517 FY03/2018 21,800 1,200 1,400 1,100 - - - FY03/2017 (20.0%) - (14.0%) - - - - FY03/2018 405.6% - 232.5% 360.3% - - - EPS DPS BPS 1Q-2Q FY03/2016 2,958 305 491 454 - - - 3Q-4Q FY03/2016 2,432 0 0 (1,918) - - - 1Q-2Q FY03/2017 2,365 (320) 495 (120) - - - 3Q-4Q FY03/2017 1,946 (138) (74) 359 - - - 1Q-2Q FY03/2017 (20.0%) - 0.9% - - - - 3Q-4Q FY03/2017 (20.0%) - - - - - - 1.0 2017 7 24 1 2016 7 1 12 2018 3 2 2016 9 23,494 1,041 2,000 10 200 4 2017 4 25 1,100 2018 3 2019 3
2017 3 4,312 20.0%458 305 10.6 16.3 2,889 21.9% 7 447 0.3 12.4 1,422 8.8% 222 40.9% 15.7 8.5 673 458 147 139 2016 10 15 2017 3 2 1,767 252 203 2018 3 21,800 405.6% 1,200 458 5.5% 16.1% 3,300 14.2% 200 7 6.1 6.4 18,500 13.0 1,650 8.6 8.9 6.7650 2 03 6821 0606 kawanaka@akatsuki-fg.com
2.0 Web 1950 9 14 2003 2 26 2 8737 3,574 2017 3 16,424,075 1,209,054 2017 3.. 5.6% 4.5% 2017 3 176 161 2017 3 3
3.0 2017 3 2017 3 4,312 20.0%458 305 421 14.0% 239 1,464 2 215 673 458 1,400 1,200 1,000 800 600 400 200 0 1Q FY03/16 2Q FY03/16 3Q FY03/16 4Q FY03/16 1Q FY03/17 2Q FY03/17 3Q FY03/17 4Q FY03/17 4 400 300 200 100 0 (100) (200) (300) 1Q FY03/16 2Q FY03/16 3Q FY03/16 4Q FY03/16 1Q FY03/17 2Q FY03/17 3Q FY03/17 4Q FY03/17
2017 3 2017 3 3 2017 3 1,422 1,054 1,739 (136) (691) 5 (52) (64) (134) (800) (600) (400) (200) 0 2 1
WM WM WM 28 12 WM WM 3 4 2016 8 9 458 305 695 184 880 421 14.0% 933 198 1,466 401 2016 3 87471,620 2017 3 2 6 3772943 100 405 118 401 2016 3 1,464 2017 3 822 514 239 2018 3
1,589 2,958 4,195 5,391 1,096 2,365 3,248 4,312 (1,079) 8 19 27 32 0 8 14 34 +1 194 378 513 791 332 629 678 778 (12) 1,385 2,560 3,655 4,567 764 1,727 2,554 3,498 (1,068) 1,169 2,255 3,307 4,262 1,055 2,048 3,000 3,957 (304) 216 305 347 305 (290) (320) (445) (458) (764) 176 185 167 184 (21) 816 878 880 +695 393 491 514 490 (311) 495 432 421 (68) (19) 173 (1,442) (1,466) 0 (110) 383 401 +1,867 373 664 (927) (976) (311) 385 816 822 +1,799 52 102 96 304 (12) (33) 68 69 (235) (2) 108 178 183 (40) 539 520 514 +330 322 454 (1,202) (1,464) (258) (120) 226 239 +1,703 - - - - (31.0%) (20.0%) (22.6%) (20.0%) - - - - - - - - - - - - - - - +0.9% (15.9%) (14.0%) - - - - - - - - - - 87.2% 86.5% 87.1% 84.7% 69.7% 73.0% 78.6% 81.1% (3.6%) 73.6% 76.2% 78.8% 79.0% 96.2% 86.6% 92.4% 91.8% +12.7% 13.6% 10.3% 8.3% 5.7% (26.5%) (13.6%) (13.7%) (10.6%) (16.3%) 24.7% 16.6% 12.3% 9.1% (28.4%) 21.0% 13.3% 9.8% +0.7% 20.3% 15.4% (28.7%) (27.2%) (23.6%) (5.1%) 7.0% 5.5% +32.7% 14.2% 15.4% (10.4%) (31.2%) 4.0% (8.7%) 8.4% 8.4% +39.6% 1,589 1,369 1,237 1,195 1,096 1,268 882 1,063 (131) 8 10 8 4 0 8 6 19 +14 194 184 134 278 332 296 49 100 (177) 1,385 1,174 1,094 912 764 963 827 943 +31 1,169 1,085 1,052 954 1,055 993 952 956 +2 216 89 41 (41) (290) (29) (125) (12) +28 176 9 (18) 17 (21) 837 61 2 (15) 393 98 22 (23) (311) 807 (63) (10) +13 (19) 193 (1,615) (24) 0 (110) 494 17 +41 373 291 (1,592) (48) (311) 697 430 6 +54 52 49 (5) 208 (12) (21) 102 0 (207) (2) 110 70 5 (40) 580 (18) (6) (11) 322 131 (1,657) (261) (258) 138 346 12 +274 - - - - (31.0%) (7.4%) (28.6%) (11.0%) - - - - - - - - - - - - - - - +722.2% - - - - - - - - +5.2% - - - 87.2% 85.8% 88.5% 76.3% 69.7% 76.0% 93.7% 88.7% +12.4% 73.6% 79.3% 85.1% 79.8% 96.2% 78.3% 107.9% 89.9% +10.1% 13.6% 6.5% 3.4% (3.5%) (26.5%) (2.3%) (14.2%) (1.2%) +2.3% 24.7% 7.2% 1.9% (2.0%) (28.4%) 63.7% (7.2%) (1.0%) +1.0% 20.3% 9.6% (133.9%) (21.9%) (23.6%) 10.9% 39.3% 1.2% +23.1% 14.2% 16.9% - - 4.0% (3.0%) 23.8% 8.1% - 7
1,169 1,977 2,950 3,699 686 1,201 1,993 2,889 (810) 344 848 1,113 1,559 410 1,164 1,254 1,422 (136) 75 132 132 132 - - - - (132) 1,589 2,958 4,195 5,391 1,096 2,365 3,248 4,312 (1,079) 270 260 445 447 (40) (147) (108) (7) (455) 93 298 293 377 (81) 203 205 222 (154) (8) (5) (5) (5) - - - - +5 355 553 733 819 (121) 55 97 215 (604) (139) (248) (386) (513) (169) (376) (543) (673) (160) 216 305 347 305 (290) (320) (445) (458) (764) 23.1% 13.2% 15.1% 12.1% (5.9%) (12.3%) (5.4%) (0.3%) (12.4%) 27.3% 35.2% 26.4% 24.2% (19.8%) 17.4% 16.4% 15.7% (8.5%) (11.9%) (4.4%) (4.4%) (4.3%) - - - - - (8.8%) (8.4%) (9.2%) (9.5%) (15.4%) (15.9%) (16.7%) (15.6%) (6.1%) 13.6% 10.3% 8.3% 5.7% (26.5%) (13.6%) (13.7%) (10.6%) (16.3%) 1,169 807 972 749 686 515 792 895 +146 344 504 264 446 410 753 90 168 (278) 75 57 - - - - - - - 1,589 1,369 1,237 1,195 1,096 1,268 882 1,063 (131) 270 (9) 184 2 (40) (106) 38 100 +98 93 204 (5) 83 (81) 284 2 16 (66) (8) 3 - - - - - - - 355 198 179 85 (121) 177 41 117 +31 (139) (109) (137) (127) (169) (206) (167) (130) (3) 216 89 41 (41) (290) (29) (125) (12) +28 23.1% (1.2%) 19.0% 0.3% (5.9%) (20.8%) 4.9% 11.3% +11.0% 27.3% 40.6% (1.9%) 18.8% (19.8%) 37.7% 3.2% 10.0% (8.7%) (11.9%) 5.4% - 100.0% - - - - - (8.8%) (8.0%) (11.1%) (10.7%) (15.4%) (16.3%) (18.9%) (12.3%) (1.6%) 13.6% 6.5% 3.4% (3.5%) (26.5%) (2.3%) (14.2%) (1.2%) +2.3% 8
830 1,439 2,039 2,430 307 637 1,143 1,739 (691) 296 445 778 1,107 349 505 774 1,054 (52) 42 84 120 148 22 42 57 84 (64) 344 848 1,113 1,559 410 1,164 1,254 1,422 (136) 75 140 144 145 6 15 17 11 (134) 1,589 2,958 4,195 5,391 1,096 2,365 3,248 4,312 (1,079) - - - (9.1%) (62.9%) (55.7%) (43.9%) (28.4%) - - - - (46.9%) +18.0% +13.6% (0.4%) (4.7%) - - - - +5.8% (47.7%) (49.5%) (51.9%) (43.6%) - - - - +65.0% +19.2% +37.1% +12.7% (8.8%) - - - - (59.1%) (91.2%) (88.8%) (87.8%) (91.9%) - - - - (13.0%) (31.0%) (20.0%) (22.6%) (20.0%) - 52.2% 48.7% 48.6% 45.1% 28.0% 26.9% 35.2% 40.3% - 18.7% 15.0% 18.5% 20.5% 31.9% 21.4% 23.9% 24.5% - 2.7% 2.9% 2.9% 2.8% 2.0% 1.8% 1.8% 1.9% - 21.7% 28.7% 26.5% 28.9% 37.4% 49.2% 38.6% 33.0% - 4.7% 4.7% 3.5% 2.7% 0.6% 0.7% 0.5% 0.3% - 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% - 830 609 599 391 307 329 505 595 +204 296 148 332 328 349 155 269 279 (49) 42 42 35 28 22 20 15 26 (2) 344 504 264 446 410 753 90 168 (278) 75 64 4-6 9 2 (5) (6) 1,589 1,369 1,237 1,195 1,096 1,268 882 1,063 (131) - - - - (62.9%) (45.9%) (15.6%) +52.3% - - - - - +18.0% +4.9% (19.2%) (15.0%) - - - - - (47.7%) (51.4%) (57.6%) (8.2%) - - - - - +19.2% +49.4% (65.6%) (62.3%) - - - - - (91.2%) (86.1%) (56.5%) - - - - - - (31.0%) (7.4%) (28.6%) (11.0%) - 52.2% 44.5% 48.5% 32.7% 28.0% 26.0% 57.3% 56.0% - 18.7% 10.8% 26.9% 27.5% 31.9% 12.3% 30.5% 26.3% - 2.7% 3.1% 2.9% 2.4% 2.0% 1.6% 1.7% 2.5% - 21.7% 36.8% 21.4% 37.3% 37.4% 59.4% 10.3% 15.8% - 4.7% 4.7% 0.4% 0.1% 0.6% 0.7% 0.2% (0.6%) - 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% - 9
5,099 7,537 5,906 5,956 7,461 7,689 10,188 6,628 +671 6,745 4,327 4,187 3,625 3,755 4,403 5,996 5,500 +1,875 9,110 8,825 7,621 5,649 3,938 4,033 4,353 5,752 +103 3,509 4,271 3,690 3,447 1,660 2,772 2,466 3,169 (278) 24,465 24,961 21,405 18,678 16,814 18,897 23,003 21,050 +2,371 510 501 486 426 3,503 12,028 4,319 4,712 +4,286 592 584 566 541 531 549 207 195 (346) 4,497 3,571 2,485 2,285 2,255 2,133 1,740 1,909 (375) 5,600 4,657 3,538 3,253 6,290 14,711 6,267 6,817 +3,564 6 4 2 1 - - - - (1) 30,072 29,623 24,946 21,933 23,104 33,608 29,271 27,868 +5,934 5,982 5,699 2,972 1,839 1,497 2,149 2,891 4,218 +2,378 6,344 4,660 5,171 3,522 4,136 4,643 8,715 4,967 +1,444 4,250 4,000 4,000 4,000 4,000 4,000 4,000 4,000 - - - 377 377 377 626 184 350 (27) - - - - 46 46 206 56 +56-200 200 200 200 - - - (200) 1,595 2,574 1,336 1,902 1,255 1,764 1,578 1,752 (149) 18,172 17,134 14,057 11,841 11,512 13,230 17,576 15,345 +3,503 - - - - 100 100 100 100 +100 - - - - - 7,425 - - - - - - - 1,905 1,894 1,882 2,580 +2,580 200 - - - - - - - - 572 596 628 619 788 814 859 795 +176 772 596 628 619 2,693 10,133 2,742 3,475 +2,856 37 37 37 37 37 39 39 19 (18) 18,982 17,767 14,723 12,497 14,243 23,403 20,357 18,840 +6,342 9,375 9,617 7,875 7,613 7,158 7,439 7,465 7,475 (137) 1,714 2,239 2,347 1,822 1,702 2,765 1,447 1,552 (269) 11,090 11,856 10,223 9,435 8,860 10,204 8,913 9,027 (407) 30,072 29,623 24,946 21,933 23,104 33,608 29,271 27,868 +5,934 9,381 9,598 7,881 7,637 7,159 7,440 7,737 7,870 +233 4,450 4,200 4,577 4,577 6,629 14,091 6,373 7,087 +2,510 (649) (3,337) (1,329) (1,379) (832) 6,402 (3,815) 459 +1,838 31.2% 32.4% 31.6% 34.8% 31.0% 22.1% 26.4% 28.2% (6.6%) (6.9%) (34.8%) (16.9%) (18.1%) (11.6%) 86.1% (49.3%) 5.8% +23.9% - - - (17.2%) (24.7%) (23.9%) (0.4%) 3.1% +20.3% - - - 2.0% (0.8%) 1.6% 1.5% 1.7% (0.3%) 28% 44% 42% 81% 65% 58% 58% 79% - 135% 146% 152% 158% 146% 143% 131% 137% - 10-911 - 110-2,193-1,820 +1,709-1,405-890 - (9,080) - (9,855) (10,745) - 2,316-1,001 - (6,886) - (8,034) (9,035) - (811) - (1,091) - 8,297-8,512 +9,603
2018 3 2018 3 21,800 405.6% 1,200 458 1,400 232.5% 1,100 360.3 5.5% 16.1% 1 2017 3 8.0 50.3 20,000 15,000 10,000 5,000 0 FY03/2015 FY03/2016 FY03/2017 FY03/2018 11 2,000 1,500 1,000 500 0 (500) (1,000) FY03/2015 FY03/2016 FY03/2017 FY03/2018 2017 3 933 2018 3 880 200
2017 4 5 6,100 6,300 1,000 3,000 2,300 2017 3 5.8 459 7,870 2017 6 19 2018 3 20 2017 5 22 15,775,143 1 1 277 1 0.5 150.5 310 2,374 15.7 150.5 7.8 301 23,662,715 2018 3 1,100 1 46.5 1 69.7 1,100 15.7 12 1
30,000 12.0% 20.9% 14.7% 30.0% 20.0% 20,000 5.7% 5.5% 10.0% 0.0% 10,000 0 (10.6%) 3,710 5,820 6,200 5,391 4,312 21,800 03/2013 03/2014 03/2015 03/2016 03/2017 03/2018 03/2019 03/2020 (10.0%) (20.0%) (30.0%) (40.0%) 10,000 5,000 27.9% 4,661 23.2% 7,875 9,403 20.0% 7,637 7,870 3.1% 8,970 13.1% 30.0% 20.0% 10.0% 0.0% 13 (17.2%) (10.0%) 0 03/2013 03/2014 03/2015 03/2016 03/2017 03/2018 03/2019 03/2020 (20.0%) 2016 3 2017 3 2018 3 2 2019 3 2018 3 1,100 2017 3 2018 3 2018 3 13.1
4.0 14 90
0 200 400 600 800 1,000 1,200 1,400 1,600 368 417 540 595 586 702 860 1,236 1,214 1,393 2016 4 2018 3 2 5,000 15
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