Financial Highlights

This section contains our financial highlights for the five most recent fiscal years.

Non-Consolidated Financial Highlights

	Thousands of yen, except where noted
Years ended March 31	2007	2008	2009	2010	2011
Net Sales	16,604,316	18,652,091	16,765,551	12,123,054	11,267,173
Ordinary Income	2,802,134	3,025,350	2,823,786	1,741,509	907,048
Net Income	1,493,518	1,619,929	1,645,132	1,224,230	852,531
Shareholders' Equity	10,078,201	10,727,060	11,545,638	12,689,062	13,217,582
Total Assets	15,044,798	15,821,647	15,301,676	15,154,980	16,456,854
Shareholders' Equity per Share (Yen)	31,792.53	34,341.10	36,818.44	40,464.76	42,316.30
Net Income per Share-Basic (Yen)	4,715.06	5,119.71	5,250.77	3,904.01	2,729.39
Net Income per Share-Diluted (Yen)	4,692.42	5,104.53	5,249.27	-	-
Equity Ratio(%)	67.0	67.8	75.5	83.7	80.3
Number of Employees	331	358	373	311	360

	Thousands of yen
Year ended March 31	2007	2008	2009	2010	2011
Net Sales	18,998,366	20,942,535	18,610,836	14,411,024	13,019,029
Ordinary Income	2,827,484	3,085,873	2,574,121	1,572,032	635,806
Net Income	1,516,227	1,810,959	1,382,396	1,253,254	569,130
Capital Stock	995,000	995,000	995,000	995,000	995,000
Number of Shares Outstanding	324,000	324,000	324,000	324,000	324,000
Shareholders' Equity	10,127,644	10,966,760	11,522,576	12,627,563	12,734,272
Total Assets	15,769,659	16,660,585	15,759,982	16,199,947	16,630,593
Shareholders' Equity per Share (Yen)	31,946.07	35,108.46	36,744.90	40,268.65	40,869.60
Cash Dividends (Yen)	1,600	1,800	1,400	1,400	550
Net Income per Share-Basic	4,786.75	5,723.45	4,412.20	3,996.56	1,822.08
Net Income per Share-Diluted	4,763.77	5,706.48	4,410.93	-	-
Equity Ratio (%)	64.2	65.8	73.1	77.9	76.6
ROE (%)	15.8	17.2	12.3	10.4	4.5
Cash Flows from Operating Activities	2,415,301	1,851,365	1,913,445	1,465,030	1,171,832
Cash Flows from Investing Activities	(3,054,113)	(656,235)	(606,518)	(2,032,199)	(797,243)
Cash Flows from Financing Activities	(434,667)	(671,388)	(585,864)	(375,544)	(311,196)
Cash and Cash Equivalents	2,018,570	2,522,309	3,241,414	2,224,951	2,306,937
Number of Employees	412	450	461	497	493