Summary of Business Results for the Second Quarter Ended September 30, 2010
[Japan GAAP] (Non-consolidated)
October 29, 2010
Listed on the JASDAQ
C o m p a n y
TOSHO CO., LTD
Stock Code8920
URL http://www.to-sho.net/
Representative
Toshihiro Kutsuna, President and CEO
C o n t a c t
Naoya Kuwazoe, Director, Manager of Administrative Dept.
T E L: +81- 566-79-3111
Expected date of filing of quarterly report: November 5, 2010
Expected starting date of dividend payment: December 7, 2010
Preparation of quarterly supplementary financial document: YesQuarterly results briefing: Yes (for individual and institutional investors)（Rounded down to million yen）

１. Business results for the six months ended September 2010 (April 1, 2010 through September 30, 2010)(1) Results of operations(Percentage figures represent year-on-year changes)

Six months ended Sept. 2010
Six months ended Sept. 2009

Net sales
Million yen%
5,346
1.4
5,273
(5.4)

Operating income
Million yen%
1,218
10.4
1,104
1.8

Net income
per share

Diluted net
income per share
Yen

Net income
Million yen%584
8.2539
5.3Yen33.20
32.54――Total assets

Net assets

Six months ended Sept. 2010
Six months ended Sept. 2009

Ordinary income
Million yen%
1,126
18.0
954
1.3

(2) Financial position

Million yen
25,67925,219As of Sept. 2010
As of Mar. 2010

Million yen
6,996
6,500

Shareholders’ equity
ratio%
27.2
25.8

Net assets per
shareYen
397.70369.49(Reference) Shareholders’ equity:
As of September 2010: 6,995 million yen
As of March 2010:
6,499 million yen
2. Dividends
End of 1Q

End of 2Q
Yen――

Year ended Mar. 2010
Year ending Mar. 2011Year ending Mar. 2011 (forecast)

5.00
5.00

Annual dividend
End of 3Q
YenYen―Year-end

TotalYen―

Yen

5.00

10.00

5.00

11.00

(Note) Revisions to dividend forecast for the current quarter: None

3．Forecast of business results for the year ending March 2011 (April 1, 2010 through March 31, 2011)(% change from the previous year)

Net salesYear ending Mar. 2011

Operating income

Ordinary income

Net income

Net income pershare

Million yen%

Million yen%

Million yen%

Million yen%

10,815

2.1

2,415

3.4

2,200

5.4

1,200

8.5

(Note) Revisions to business forecast for the current quarter: None－ 1 －Yen

68.21

4. Others(1) Applications of simplified accounting procedures and specific accounting procedures: Yes(Note) This item indicates whether the Company has adopted simplified accounting procedures and accounting
procedures specific to quarterly financial statements.

(2) Changes in rules, procedures and indication methods of accounting procedures①

Changes due to revision of accounting standards: Yes②

Changes other than ①: None

(3) Shares outstanding (common stock)① Number of shares outstanding at the end of period (treasury stock included)
As of September 2010:
17,592,351 shares
As of March 2010:
17,592,351 shares② Treasury stock at the end of period
As of September 2010:
1,786 shares
As of March 2010:
1,669 shares③ Average number of stock during period (quarterly cumulative period)
Six months ended September 2010: 17,590,616 shares
Six months ended September 2009: 16,590,932 shares* Implementation status of quarterly review procedure
At the time of disclosure of this report, the procedures for review of financial statements pursuant to the Financial
Instruments and Exchange Act are being conducted.
* Explanation regarding appropriate use of business forecasts and other special instructions
Forecasts regarding future performance in this material are based on information currently available to the Company
and certain assumptions that the Company deems to be reasonable at the time this report was prepared. Actual results
may differ significantly from the forecasts due to various factors.

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