Financial Statement

From 1st April 2011～31st March 2012

Showa Kako Corporation

Balance Sheet
31st March 2012
Showa Kako Corporation(Unit :Assets

Description￥)

Liabilities
Description

AmountAmount

3,736,831,585

Current liabilities

1,637,866,929

Cash and Deposit

971,776,765

Bills Payable

887,558,180

Bills Receivable

48,854,166

Accounts Payable

364,157,401

Arrears

42,013,949

Current assets

Accounts Receivable

1,361,180,811

Securities

228,614,642

Corporation Tax

4,278,400

Products and Goods

509,866,340

Deposits

4,691,486

Raw material

88,006,326

Short Term Loan

300,000,000

WIP

460,076,616

Overdraft

23,382,513

Other current assests

68,455,919

One year long term loan

11,785,000

Fixed Assets

2,011,622,649

Tangible Fixed assets

1,589,946,232

Building

17,222,521

Building Attached Structure

13,643,411

Structure

29,893,661

Mechanical Appartus

1,489,671,073

Automotive equipment

825,140

Furnitures and Fixtures

38,386,857

Land

303,569

Construction Suspense A/C

03,452,814,508

Fixed Liabilities
Long Term Loan

3,420,414,000
32,400,508

Bonds

Liabilities Total

5,090,681,437

Net Assets
Shareholder'equity
CapitalCapital Surplus

100,000,000
1,205,993

Capital reserves

405,993

Other capital surpluses

800,000

Intangible Fixed assets

858,604

Telephone utility right0

Telephone subscription

858,604

Accumulated Surplus

631,654,590

420,817,813

Earned surplus reserve

25,200,000

Long term Loan Receivable

66,996,809

Other accumulated surpluses

606,454,590

Investment in Securities

9,400,000

contigents reserves

498,000,000

Profit brought forward

108,454,590

Investment

Other Investment

344,421,004

Earned surplus carried forward to the20,729,591
following term
Deferred assets
Total Assets75,087,786

Total Net Assets

5,823,542,020 Total Liabilities and Net assets

732,860,583
5,823,542,020

Profit and loss statement
Showa Kako Corporation

Description

AmountSales
Cost of goods sold￥)

8,429,418,534

Opening Inventory
Current term cost of production and total purchaseTotal
Closing Inventory
Gross Profit on Sales

591,958,749
7,346,391,294
7,938,350,043
509,866,340

Sales and general administrative expenses

348,294,198

Operating Profit

Interest Earned
Dividend Earned
Miscellaneous incomes

7,965,124
2,057,630
24,222,496

Interest due
Sundry loss

91,032,638
118,636,323

expenseOperating IncomeSpecial Profit

Gain from sale of fixed assets

Special LossPension

Overtime unpaid wages

Loss from sale of fixed assets
Loss on disposal of current assets

DamagesFiancial concern expensive
Contract making expensive
Other extraordinary loss
Income before taxes
Corporation tax, resident tax and business tax

Current Net Profit

7,428,483,703
1,000,934,831
652,640,633

Non-operating profit

Non-operating(Unit :

1,396,846
9,396,237
1,931,778
3,136,398
67,401,204
39,014,981
3,900,000
1,500,000
1,386,444

34,245,250

209,668,961
172,870,487
1,396,846

127,667,042
46,600,291
25,870,700
20,729,591

Statement of share holder'equity
From 1st April 2011～31st March 2012

Showa Kako Corporation
Owner's capital
Capital surplusCapital surplus
CapitalFirst half balance
Current term
fluctuating amountCurrent term net
profitCurrent term total
fluctuating amountCurrent term endbalance

Other
Capitalcapital surplus sum
surpluses
total

Capitalreserve

100,000,000

Accumulated surplus

405,993

800,000

1,205,993

0000

100,000,000

405,993

800,000

1,205,993

Owner's
Other accumulated surpluses Accumulate Company's
own stock capital totald surplus
General Earned surplus
total
reserve C/F(next term)

Earnedsurplus
reserve

25,200,000 498,000,000

0025,200,000 498,000,000

87,724,999 610,924,999

20,729,591

20,729,591

20,729,591

20,729,591

108,454,590 631,654,590

Net-assets
total

0 712,130,992 712,130,992

020,729,591-20,729,591

00 732,860,583 732,860,583

Individual notes tableShowa Kako Corporation

１．Important
１．Important accounting policies(1) The evaluation criteria and evaluation method of negotiable securities① Things with market value

Cost of acquisition② Things without market value

Cost of acquisition(2) The evaluation criteria and the evaluation method of an inventory
Cost method according to periodic average method(3) The method of depreciation of deferred assets
About the development costs aiming at factory concentration, it will refund according to fixedamount method in five years from the term ended 2011 March(4) The method of depreciation of fixed assets
Tangible fixed assets

Constant percentage method by regulation of Corporation Tax Law(For the building acquired on and after H10/04/01is fixed amountmethod and new constant percentage method and new fixed amountmethod for those acquired after H19/04/01)
Period of depreciation
Building： 8 to 25 years
Building attached structure： 3 to 20 years
Structure ： 8 to 20 years
Mechanical apparatus ：3 to 22 years
Furniture and fixtures：2 to 20 years
Automotive equipment： 4 to 7 years

Intangible fixed assets

Fixed amount method by regulation of Corporation Tax Law(5) Accounting treatment of derivativesAccounting treatment by a market method to be carried out(6) The disposal method of a lease transaction
About the finance lease transactions of those other than what the ownership of leased
property transfers to a borrower, is based on accounting treatment according to the method
related to the usual lease transactions.
(7) Accounting treatment of a consumption tax etc.
Accounting treatment of a consumption tax etc. is based on the tax excluded method.

２．The notes about a statement of changes in net assets(1) Items about issued stocks
End of first half・・・2,016,000 Shares
End of current term・・・2,016,000 Shares