Financial Statement

1st April 2010 ～31st March 2011

Showa Kako Corporation

Balance Sheet
31st March 2011
Showa Kako Corporation(Unit：\）

AssetsDescription

Liabilities
AmountDescription

Amount3,966,599,084

Current liabilities

2,100,900,980

Cash and Deposit

987,816,096

Bills Payable

1,098,202,112

Bills Receivable

56,578,932

Accounts Payable

498,793,352

Arrears

29,322,873

Current assets

Accounts Receivable

1,344,439,203

Securities

201,432,978

Corporation Tax

22,392,100

Products and Goods

591,958,749

Deposits

10,070,373

Raw material

93,309,081

Short Term Loan

401,000,000

WIP

450,033,590

Overdraft

28,840,000

Other current assests

241,030,455

One year long term loan

12,280,170

Fixed Assets

1,991,290,295

Tangible Fixed assets

1,482,493,717

Building

18,651,622

Building Attached Structure

12,500,973

Structure

16,705,942

Mechanical Appartus

1,087,572,841

Automotive equipment

1,083,773

Furnitures and Fixtures

51,643,611

Land
Construction Suspense A/C

303,569
294,031,386

Fixed Liabilities
Long Term Loan

3,144,857,407
3,112,503,000
32,354,407

Bonds

Total Liabilities

5,245,758,387

Net Assets
Shareholder'equity
CapitalCapital Surplus

100,000,000
1,205,993

Intangible Fixed assets

858,604

Telephone utility right0

Telephone subscription

858,604

Accumulated Surplus

610,924,999

407,850,188

Earned surplus reserve

25,200,000

Long term Loan Receivable

61,287,397

Other accumulated surpluses

585,724,999

Investment in Securities

9,400,000

contigents reserves

498,000,000

Profit brought forward

87,724,999

Investment

Other Investment

337,162,791

Capital reserves

405,993

Other capital surpluses

800,000

Earned surplus carried forward44,959,046
to the following term
Deferred assets

Total Assets

100,087,786

Total Net Assets

5,957,889,379Total Liabilities and Net assets

712,130,992
5,957,889,379

Statement of profit and loss
31st March 2011
Showa Kako Corporation
Description
Sales
Cost of goods soldOpening inventory
Current term cost of production and total purchaseTotal
Closing inventory
Gross profit on sales

Amount

580,668,493
7,525,537,161
8,106,205,654
591,958,749

Sales and general administrative expenses

Operating Profit
Non-operating profit
Interest Earned
Dividend Earned
Miscellaneous incomes
Non-operating loss
Interest due
Dividend due
Sundry loss
Operating Income
Special ProfitSpecial Loss

Income before taxes
Corporation tax, resident tax and business tax

Current Net Profit

72,804,913
1,963,552
79,488,908
137,777,951
11,519,501
118,489,760（Unit：円）

8,545,422,982

7,514,246,905
1,031,176,077
716,206,205
314,969,872

154,257,373

267,787,212
201,440,033

318,607318,607112,995,394

112,995,394
88,763,246
43,804,200
44,959,046

Statement of share holder'equity
From 1st April 2009～31st March 2010Showa kako Corporation
Owner's capital

CapitalFirst half balance

Capital surplusCapital surplus

Accumulated surplus

Othercapitalsurpluses

Capitalsurplus sum
total

Earnedsurplusreserve

Other accumulated
surpluses
EarnedGeneralsurplusreserve
C/F(nextterm)

Company's
Owner's
Accumulate own stock capital totald surplus
total

800,000

1,205,993

25,200,000

498,000,000

42,765,953

565,965,953

0 667,171,946

667,171,946

44,959,046

44,959,046

44,959,046-Capitalreserve

100,000,000

405,993

Current term
fluctuating amountCurrent term net
profitNet-assets
total

Current term total
fluctuating amount

00000044,959,046

44,959,046

0

44,959,046

0

Current term end
balance

100,000,000

405,993

800,000

1,205,993

25,200,000

498,000,000

87,724,999

610,924,999

0 712,130,992

712,130,992

Individual NotesTable

Showa Kako Corporation

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

Valuation of cost by moving average cost method② Things without market value

Valuation of cost by moving average cost method(2) The evaluation criteria and the valuation method of an inventory
The cost method by an identified cost method(3) Method for depriciation of fixed assets
Tangible Fixed Assets

Fixed percentage method by the corporation tax law .（FixedInstallment method for the building acquired after 1st April Heisei
10）Intangible Fixed Assets

Fixed Installment method by the corporation tax law(4) 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.

(5) 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) Issued stocks
End of first half・・・2,016,000 Shares
End of current term・・・2,016,000 Shares