An Overview of Our Progress and Achievements in Corporate Social Responsibility

Quarterly Consolidated Results

Historical Data (XLS)

(JPY mn)

 2017 Apr-Jun2016 Apr-Jun
Turnover (*1)1,204,360 1,176,393
Revenue209,672 193,625
Gross profit197,349 181,628
Organic growth(4.8%)+9.5%
Japan76,372 83,159
Organic growth(8.1%)+12.2%
International121,068 98,528
Organic growth(2.7%)+7.2%
EMEA44,488 37,438
Organic growth(0.3%)+5.0%
Americas47,259 32,505
Organic growth(4.1%)+2.4%
APAC29,349 28,584
Organic growth(3.8%)+16.8%
Selling, general and administrative expenses183,180 155,916
Other income (expenses)(980)1,143
Operating profit13,188 26,854
Share of results of associates860 526
Profit before interest and tax14,048 27,381
Finance income (costs)5,805 1,013
Profit before tax19,854 28,395
Income tax expense5,623 8,150
Profit attributable to non-controlling interests1,462 1,675
Profit attributable to owners of the parent12,769 18,569
Underlying operating profit (*2)23,073 32,843
Japan10,979 19,180
International12,109 13,677
Operating margin11.7%18.1%
Reconciliation from Underlying operating profit to
Statutory operating profit
Amortization of M&A related intangible assets(8,425)(5,275)
Acquisition costs(527)(353)
Share-based compensation expenses related to
acquired companies
One-off items 540 (359)
Underlying net profit (*3)15,126 22,007
Reconciliation from Underlying net profit to
Statutory net profit
Operating profit adjustments(9,885)(5,988)
Gain (loss) on revaluation of earnout liabilities
and M&A related put option liabilities
6,530 948
Related income tax expense768 1,400
Others228 200

Note: Net profit, Underlying net profit... Excluding attribution to non-controlling interests



2017 Jan-Jun2016 Jan-Jun

*1: Turnover represents the gross amounts billable to clients handled by the Group on behalf of clients, with net of discounts, VAT and other sales-related taxes.

*2 Underlying operating profit is a KPI to measure recurring business performance which is calculated as operating profit added with amortization of M&A related intangible assets, acquisition costs and one-off items such as impairment loss and gain/loss on sales of non-current assets.

*3 Underlying net profit (attributable to owners of the parent) is a KPI to measure recurring net profit attributable to owners of the parent which is calculated as net profit (attributable to owners of the parent) added with adjustment items related to operating profit, revaluation of earnout liabilities / M&A related put-option liabilities, tax-related, NCI profit-related and other one-off items.