Supplemental Data for the Consolidated
Financial Results for the Full Fiscal YearEnding March 2012 (FY 2011)
Faith Inc.
May 11, 2012

Copyright©2011 Faith, Inc. All Right Reserved.

Consolidated Financial Results for the Full
Fiscal Year Ending March 2012 (FY 2011)2

Highlights of Consolidated Financial Results for FY 2011
Net sales decreased in line with the elimination of our consolidated subsidiary WebMoney Corporationfrom the Group’s consolidated financial results, which also led to a decrease in operating profit. However,as a result of the sale of the Company’s shareholding in WebMoney, etc., the Group recorded substantial
rise in net profit.

Profit : 100
million yen

Net sales : 100
million yen

3Results of the Contents Business During FY 2011
Although net sales decreased mainly due to lower sales in the Ringtone Business etc., operating profit increased
as a result of the Group’s efforts to reduce costs, etc.

Profit : 100
million yen

Net sales : 100
million yen

4Results of the Electronic Money Business During FY 2011
In line with Company’s sale of is shareholding in WebMoney Corporation in July 2011, this subsidiary wasexcluded from the consolidated financial results from the second quarter, so its business performance for theyear remains at the level recorded for the first quarter.

Profit : 100
million yen

Net sales : 100
million yen

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FY 2011 Consolidated Financial Forecasts By by Segment(Compared with the Previous Fiscal Year)(Unit: million yen)6

FY 2011 Consolidated Balance Sheet(Compared with End of Previous Fiscal Year)As a result of decreases in bills receivable, accounts receivable and investment securities following theexclusion of WebMoney Corporation from the scope of consolidation, total assets shrank by approximately¥9,200 million. Moreover, in line with a decrease in total liabilities due mainly to decreases in bills payable andaccounts payable, and to the increase in accumulated net profit due to the recording of substantial increase in
net profit for the year under review, the equity capital ratio increased from 39.4% to 83.3%, significantly
improving the Group’s financial standing.

■ End of March 2011

■ End of March 2012

ShortShort-term loans：loans：0.4billion yen
Ｔｒａｄｅ notes andAccounts pyable:
pyable:9.9 billion yen

Cash equivalent：
equivalent：12billion yen

Current Liabilities ：16.7billion yen
Accounts and notes
receivable：
receivable：8.3billion yen

Total liabilities:
3.8 billion yen(includesinterest-bearing
liabilities: 1.1billion yen)

Total liabilities:
18.1 billion yen(includesinterest-bearing
liabilities: 1.5
billion yen)

LongLong-term loans: 1.1 billion
Fixed liabilirites：
liabilirites：1.4billion

Current assets:21.3 billion yen

Capital stock：stock：3.2billion

Equitycapital:12.8billion yen

Equitycapital:19.5
billion yen

Tangible fixed assets：
assets：2.8billion

Capital surplus：
surplus：3.7billion
Intangible fixed assets：
assets：0.8billion

Investment securities：7.4billion yen

Accumulated profit：6.5billion yen

Fixed assets：
assets：11.3billion yen

Net assets：
assets：14.5billion yen

Equitycapitalratio:
39.4%

Equitycapitalratio:
83.3%

Total assets: ¥23.5 billion
Total assets: ¥32.7 billion

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FY 2012 Business
Performance Forecast

8FY 2012 Full Year Business Performance Forecast
In the wake of the sell-off of the Company’s shareholding in WebMoney Corporation in the previous fiscal
year, declines in sales and profit are forecast for FY 2012. Based on its Multi-Content and Multi-Platform
Strategy, The Faith Group will focus its energies on creating new content distribution systems in order todeliver excellent and high added-value contents to its users.

Profit :100 million
yen

Net sales :100 millionyen

9FY 2012 Consolidated Business Performance Forecast bySegment(Unit : million yen)
FY10

FY11

Year-on-yearchange(amount)

Year-on-yearchange(%)

84,191

33,415△ 50,775△60.3%

7,395

6,372

△ 1,023△13.8%

75,16525,717△ 49,448△65.8%

1,630

1,326

△ 303

△18.6%

2,129

1,576

△ 553

△26.0%

647

990

343

53.0%

1,298

430

△ 867

△66.8%

Others

183

155

△ 28

△16.1%

Recurring profit

2,213

1,758

△ 454

△20.5%Net sales
Content
Business
Electronic
Money
Business
OthersOperatingprofit
Content
Business
Electronic
Money
Business

Net profit

1,181

6,665

5,483

464.0%

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Reference Materials

11

Amortization of Goodwill(Unit : million yen)

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FY 2011 Full Year Consolidated Net Sales(Compared with Previous Fiscal Year)84.1 billion yen
Ringtone Melody Businessrevenue decline
Sale of WebMoney Corporation- 1 billion yen- 49.4 billion yen- 300 million yen
33.4 billion yen(Unit: 100 million yen)13

FY 2011 Consolidated Operating Profit(Compared with the Previous Fiscal Year)2,129 million yen
Reduction in goodwill
amortization burden
Sale of WebMoney Corporation+343 million yen-867 million yen-29 million yen

1,576 million yen(Unit: million yen)
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FY 2011 Consolidated Recurring Profit(Compared with the Previous Fiscal Year)2,213 million yen-554 million yen-31 million yen+19 million yen+22 million yen+18 million yen+30 million yen+38 million yen+3 million yen

1,758 million yen(Unit: million yen)15

FY 2011 Consolidated Net Profit(Compared with the Previous Fiscal Year)

1,181 million yen-454 million yen+6,897 million yen-79 million yen+17 million yen-1,001 million yen-340 million yen+361 million yen+83 million yen
6,665 million yen(Unit: million yen)
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NoticeThis document and its supporting documents containprojections of our company’s future performance. Theseare estimates by the management of Faith based oncurrently available information. There are potential risks
and uncertainties that may affect the results. Please beadvised that actual performance may differ significantly
from the forecast.

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