Auditor's Report

…【Date of issue】 ___…
Seen before: 27th JUNE 2018 · 28th JUNE 2017

…year】 Fiscal year the ___ (From 1st APRIL…
Seen before: 104th · 103th · 103th · 102th

…104th (From 1st APRIL ___ to 31st MARCH…
Seen before: 2017 · 2016 · 2016 · 2016

…2017 to 31st MARCH ___ )…
Seen before: 2018 · 2017 · 2017 · 2017

Seen before: 3,999 · 3,000 · 10,000 · 3,000

Seen before: 7,819 · 7,813 · 7,813 · 7,813

Seen before: 63 · Gain on transfer of business · 369 · Loss on removal of fixed assets

Seen before: Other · 178 · Foreign exchange gain

Seen before: 110 · Loss on sales of noncurrent assets · 96 · 96

Seen before: 22 · Restructuring expenses · 38

Seen before: 20 · 14 · 17

Seen before: 45 · Revaluation reserve for land · △169 · △169

…year (from April 1, ___ to March 31,…
Seen before: 2016 · 2015 · 2014 · 2014

Seen before: 392 · △392 · △392 · -

Seen before: △1,122 · 1,122 · 1,122 · 1,517

Seen before: △1,594 · 1,594 · 1,594 · 1,922

Seen before: △61 · Loss (gain) on transfer of business (△ means gain) · Loss (gain) on sales of property, plant and equipment (△ means gain)

Seen before: △10,100 · △15,000 · △7,300 · △15,000

Seen before: 7,400 · Proceeds from sales and redemption of securities · 18,500

Seen before: △0 · △1 · 0 · △3

…June ___…
Seen before: 27, 2018 · 28, 2017 · 28, 2017

…___ Limited partner and…
Seen before: OGAWA Takahiro · WATANABE Masaaki · WATANABE Masaaki · WATANABE Masaaki

…___ Limited partner and…
Seen before: ARIKURA Daisuke · OGAWA Takahiro · OGAWA Takahiro · OGAWA Takahiro

…office】 4-1-1, Tsutsujigaoka, Miyagino-ku, ___ , Japan…
Seen before: Sendai · Sendai-shi · Sendai-shi

…【Person in charge】 ___ Manager of Consolidated…
Seen before: YATSU Takabumi, · AIHARA Hideyuki, · AIHARA Hideyuki,

…(63-1, Okabe, Shinmachino, ___ , Japan)…
Seen before: Aomori · Aomori-shi

…(4-10-53, Mitake, ___ , Japan)…
Seen before: Morioka · Morimoka-shi

…(233-9, ___ , Japan)…
Seen before: Okawabata, Kawashirimachi, Akita · Azaohkawazori, Kawajiri-cho, Akita-shi

…(35-1, Oki, ___…
Seen before: Fushiogami, Fukushima, Japan) · hukuhai, Fukusima-shi, Japan.)

…(16-1, ___ )…
Seen before: Kita4jonishi, Chuo-ku, Sapporo,Japan · kitashijonishi, Chuo-ku, Sapporo-shi,Japan

…(2-2-8, Hirano-machi, Chuo-ku, ___ , Japan)…
Seen before: Osaka · Osaka-shi

…of Japan, in accordance ___ guideline for restructuring…
Seen before: with"The · of "The

…Jan., 1947 ___ to 29-1, Minamimachi,…
Seen before: Relocation of Head Office · Move head office

…___ the TECS YAMAGATA…
Seen before: Apr., 1986 Establish · Apr, 1986 "Establish

…___ the TECS IWATE…
Seen before: Apr., 1990 Establish · Apr, 1990 "Establish

…___ the TECS AOMORI…
Seen before: Aug., 1990 Establish · Aug, 1990 "Establish

Seen before: Apr., 2016 Establish the YURTEC HAIDEN TECHNO Co., LTD. (consolidated) · 1. Consolidated Financial Statement

Seen before: 31,072 · 25.598

Seen before: 30,959 · 21,193

Seen before: 65,500 · 65,462

Seen before: 67,077 · 76,428

Seen before: 8,334 · 3,118

Seen before: 6,142 · 4,747

Seen before: 4,593 · 3,608

Seen before: 4,271 · 4,363

Seen before: 2,488 · 2,864

Seen before: 2,854 · 2,667

Seen before: 2,292 · 3,376

Seen before: 2,119 · 2,211

Seen before: 9,879 · 3,293

Seen before: 13,347 · 3,600

Seen before: △109 · △142

Seen before: △9 · △167 · △15

Seen before: 128,051 · 125,858

Seen before: 126,762 · 128,844

Seen before: 43,254 · 39,785

Seen before: 43,763 · 41,448

Seen before: 20,070 · 18,278

Seen before: 21,507 · 18,257

Seen before: 16,663 · 15,929

Seen before: 17,043 · 16,243

Seen before: 830 · 1,178

Seen before: 1,223 · 1,212

Seen before: △36,035 · △35,543

Seen before: △37,314 · △35,127

Seen before: 44,783 · 39,629

Seen before: 46,223 · 42,034

Seen before: 1,411 · 1,116

Seen before: 1,376 · 1,619

Seen before: 10,328 · 7,662

Seen before: 10,286 · 9,229

Seen before: 451 · 1,237

Seen before: 1,327 · -

Seen before: 4,630 · 4,200

Seen before: 4,474 · 4,928

Seen before: 994 · 1,434

Seen before: 957 · 1,354

Seen before: △260 · △416

Seen before: △206 · △412

Seen before: 16,143 · 14,118

Seen before: 16,838 · 15,099

Seen before: 62,338 · 54,864

Seen before: 64,438 · 58,753

Seen before: 190,390 · 180,723 · 180,723

Seen before: 191,201 · 187,598 · 187,598

Seen before: 32,179 · 34,682

Seen before: 31,490 · 39,993

Seen before: 8,925 · 10,891

Seen before: 10,470 · 9,547

Seen before: 2,640 · 2,210

Seen before: 2,910 · 2,375

Seen before: 3,947 · 3,333

Seen before: 3,266 · 3,551

Seen before: 51 · 3,623 · 3

Seen before: 191 · 92

Seen before: 78 · 69

Seen before: 93 · 77

Seen before: 10,478 · 12,782

Seen before: 9,038 · 10,698

Seen before: 58,366 · 67,714

Seen before: 57,459 · 66,400

Seen before: 6,228 · 4,378

Seen before: 6,468 · 4,968

Seen before: 1,426 · 1,530

Seen before: 1,412 · 1,436

Seen before: 137 · 125

Seen before: 118 · 101

Seen before: 14,137 · 13,977

Seen before: 14,742 · 14,445

Seen before: 492 · 433

Seen before: 511 · 446

Seen before: 22,421 · 20,444

Seen before: 23,251 · 21,396

Seen before: 80,788 · 88,158

Seen before: 80,710 · 87,797

Seen before: 96,763 · 79,081 · 79,081 · 79,081

Seen before: 96,409 · 88,548 · 88,548

Seen before: △760 · △719 · △719 · △719

Seen before: △375 · △752 · △752

Seen before: 111,626 · 93,978 · 93,978 · 93,978

Seen before: 111,656 · 103,413 · 103,413

Seen before: 261 · 346 · 346 · 346

Seen before: 306 · 177 · 177

Seen before: △1,967 · △2,404 · △2,404 · △2,404

Seen before: △1,999 · △2,359 · △2,359

Seen before: 13 · 32 · 32 · 32

Seen before: 11 · 17 · 17

Seen before: △359 · 80 · 80 · 80

Seen before: 483 · △1,481 · △1,481

Seen before: △2,052 · △1,945 · △1,945 · △1,945

Seen before: △1,198 · △3,646 · △3,646

Seen before: 27 · 531 · 531 · 531

Seen before: 32 · 34 · 34

Seen before: 109,601 · 92,564 · 92,564. · 92,564

Seen before: 110,490 · 99,801 · 99,801

Seen before: 226,042 · 217,712

Seen before: 213,251 · 227,067

Seen before: 194,172 · 191,052

Seen before: 183,487 · 195,450

Seen before: 31,870 · 26,659

Seen before: 29,763 · 31,617

Seen before: 17,310 · 15,419

Seen before: 17,977 · 16,360

Seen before: 14,559 · 11,240

Seen before: 11,786 · 15,256

Seen before: 220 · 177 · 196

Seen before: 243 · 227 · 351

Seen before: 194 · 184

Seen before: 252 · 179

Seen before: 444 · -

Seen before: 658 · 1,139

Seen before: 940 · 681

Seen before: 37 · - · 26

Seen before: 33 · 31

Seen before: 21 · 28

Seen before: 36 · 31 · △1,171

Seen before: 95 · 55

Seen before: 291 · 260

Seen before: 15,121 · 12,324

Seen before: 12,435 · 15,677

…___ sales of noncurrent…
Seen before: Gain on · Profit from

Seen before: 64 · 97

Seen before: 87 · 671

Seen before: 24 · 85 · 85

Seen before: 71 · -

Seen before: Expenses for removal of noncurrent assets · 62

Seen before: 179 · 165

Seen before: 160 · 383

Seen before: 15,006 · 12,256 · 12,256

Seen before: 12,362 · 15,965 · 15,965

Seen before: 5,181 · 3,381

Seen before: 4,048 · 4,350

Seen before: △297 · △3,298

Seen before: △69 · 1,113

Seen before: 4,883 · 82

Seen before: 3,978 · 5,463

Seen before: 10,122 · 12,173 · 12,173

Seen before: 8,384 · 10,501 · 10,501

Seen before: 10,118 · 12,160 · 12,160 · 12,160

Seen before: 8,378 · 10,470 · 10,470 · 10,470

Seen before: 84 · 214 · 214 · 214

Seen before: △4 · 20 · 32 · 32

Seen before: △1 · △14 · △14 · △14

Seen before: 1,122 · 1,517

Seen before: 842 · △1,562 · △1,562 · △1,562

Seen before: 1,202 · 1,915

Seen before: 885 · △1,670

Seen before: 11,325 · 14,088

Seen before: 9,269 · 8,831

Seen before: 11,320 · 14,075

Seen before: 9,264 · 8,800

Seen before: 88,548 · 62,867

Seen before: △752 · △704

Seen before: 103,413 · 77,780

Seen before: △1,511 · - · - · -

Seen before: △8 · - · - · △15

Seen before: 8,215 · 11,274

Seen before: 8,213 · 11,253

Seen before: 177 · 132

Seen before: △2,359 · △2,563

Seen before: 17 · -

Seen before: △1,481 · △1,437

Seen before: △3,646 · △3,868

Seen before: 34 · 520

Seen before: 99,801 · 74,431

Seen before: △392 · 3

Seen before: △7 · 11 · 11

Seen before: 1,587 · 1,934

Seen before: 9,800 · 1,934

Seen before: △1,590 · △1,034 · - · -

Seen before: 31 · 30 · 30 · 30

Seen before: △6,790 · - · - · △32

Seen before: Extinguishment of treasury stock · 0

Seen before: Transfer from accumulated income to additional paid-in capital · 0

Seen before: 7,174 · 0

Seen before: △7,174 · Change of consolidation account

Seen before: △354 · 9,466

Seen before: 384 · △32

Seen before: 29 · 9,434

Seen before: △31 · 44 · 44

Seen before: 853 · △1,701 · △2,198 · △1,701

Seen before: 888 · 7,236

Seen before: 3,588 · 3,138

Seen before: 3,952 · 3,178

Seen before: △192 · 8

Seen before: △153 · 19

Seen before: 855 · △760

Seen before: 938 · △479

Seen before: △41 · 918

Seen before: 140 · △3,531

Seen before: △66 · △55

Seen before: △255 · △208 · △598

Seen before: △289 · △261

Seen before: 68 · △318

Seen before: 190 · 191

…___ of property, plant…
Seen before: Loss (gain) on sales · Equity in (earnings) losses

Seen before: Decrease (increase) in notes and accounts receivable-trade (△ means increase) · △2

Seen before: 7,086 · △1

Seen before: 660 · Gain on sales of subsidiaries and affiliates' stocks(△ means gain)

Seen before: Decrease (increase) in costs on uncompleted construction contracts · -

Seen before: 155 · Gain on transfer of business(△ means gain)

Seen before: △371 · -

Seen before: Increase (decrease) in notes and accounts payable-trade (△ means decrease) · △178

Seen before: △8,927 · Decrease in notes and accounts receivable-trade (△ means increase)

Seen before: 661 · △5,357

Seen before: Increase (decrease)in advances received on uncompleted construction contracts · △12,637

Seen before: △184 · 459

Seen before: △672 · 170

Seen before: 1,856 · 2,665

Seen before: 19,056 · 17,036

Seen before: 17,450 · 3,694

Seen before: 257 · 201

Seen before: 285 · 269

Seen before: △4,915 · △516

Seen before: △5,226 · △4,170

Seen before: 14,389 · 16,706

Seen before: 12,501 · △218

Seen before: △1,925 · △1,200

Seen before: △800 · △1,100

Seen before: 800 · 1,110

Seen before: 1,773 · 1,400

Seen before: 11,200 · 3,800

Seen before: △6,436 · △2,666

Seen before: △5,358 · △6,026

Seen before: 111 · 30

Seen before: 295 · 15

Seen before: △362 · △1,177

Seen before: △3,002 · △6,001

Seen before: △985 · △3,021

Seen before: 2,000 · 2,509

Seen before: 1,099 · 1,000

Seen before: 398 · 115

Seen before: △37 · △92

Seen before: △7,206 · △13,104

Seen before: △7,072 · △508

…___ short-term loans payable…
Seen before: Decrease in · Proceeds from

Seen before: △17 · Repayments of lease obligations

Seen before: 4,100 · 2,730

Seen before: 3,300 · 3,100

Seen before: △2,570 · △2,302

Seen before: △2,790 · △2,330

Seen before: △1,507 · △954

Seen before: △1,588 · △1,034

…___ paid to non-controlling…
Seen before: Dividends · Cash dividend

…___ in subsidiaries resulting…
Seen before: Purchase of investments · Increase (decrease)

Seen before: △12 · △609

Seen before: △7,886 · △861

Seen before: △25 · 309

Seen before: △80 · △196

Seen before: 7,145 · 3,301

Seen before: △2,538 · △1,784

Seen before: 33,709 · 32,153

Seen before: 40,855 · 35,494 · 35,494

Seen before: 38,316 · 33,709