Supplemental Data for Consolidated Financial Results
For the 1st Quarter of Fiscal YearEnding March 2011 (FY10)

Faith, Inc.
Aug 11, 201011

Consolidated Financial Results
for the 1st Quarter of FY10(Ending March 2011)22

FY10 1Q Highlights of Consolidated Financial Results
Achieved continuous growth in net sales due to the expansion of the Electronic Money
business. Operating profit and recurring profit decreased due to the decline of ringtonebusiness revenue and increase of publicity expenses. Quarterly net profit increased
caused by the decrease in tax expenses.
Profit : million yen

Net sales : million yen

1,800

18,0001,600

16,0001,400

14,0001,200

12,0001,000

10,000

800

8,000

600

6,000

400

4,000200

2,0000-2000
FY05 1Q

FY06 1Q

Net sales

FY07 1Q

FY08 1Q

Operating profit

FY09 1Q

FY10 1Q-2,000Net profit

33

FY10 1Q Consolidated Financial Result by Segment(year-on-year change)(Unit : million yen)済

FY101Q

13,23017,122

3,892

29.4%

65,00026.3%

29,50058.0%

Content business

2,675

1,866

▲ 809

-30.2%

8,200

22.8%

--Electronic Moneybusiness

10,22915,004

4,775

46.7%

55,50027.0%--

Others325251▲ 74-22.8%

1,300

19.3%

--

Operating profit

425363▲ 62-14.5%

1,000

36.3%

Content business

277

119

▲ 158

-57.0%

240

49.6%

--

Electronic Moneybusiness

136

239

103

75.7%

680

35.1%

--

Others105▲5-50.0%

80

6.3%

--

Recurring profit

411374▲ 37-9.2%

850

44.0%

350

106.9%

Quarterly net profit

38

129

91

238.8%

100

129.0%

60

215.0%Net Sales

Year-on-year Year-on-yearchangechange(amount)(%)

FY10Plan

FY10Interim
Plan

FY091Q

Progress
ratio

400

Progress
ratio

90.8%

44

Results of the Contents Business During FY10 1Q
Net sales and profit decreased due to the decline of ringtone business revenue.

Profit : million yen

Net sales : million yen

1,400
4,000

1,200

1,000

3,000

800
2,000

600

400
1,000
200

00
FY05 1Q

FY06 1Q

Net sales

FY07 1Q

FY08 1Q

FY09 1Q

FY10 1Q

Operating profit

55

Results of the Electronic Money Business During FY10 1Q
Net sales achieved continuous high growth driven by increase in amount of settlement,
mainly in mobile contents in addition to online game. Profit also increased due to thegrowth of settlement.

Profit : million yen

Net sales : million yen
18,000240
220

16,000200

14,00018016012,00014012010,000

100

8,000

80

6,000

60
40

4,000

20

2,00000-20
FY05 1Q FY06 1Q
Net sales

FY07 1Q

FY08 1Q

FY09 1Q

FY10 1Q

Operating profit

66Appendix

77

FY10 Consolidated Financial Forecasts by Segment(Unit : million yen)

FY09

FY10PlanY

Year-on-yearchange(amount)

Year-on-yearchange(%)

56,63465,000

8,366

14.8%

9,269

8,200

▲ 1,069-11.5%

46,23755,500

9,263

20.0%

Others

1,128

1,300

172

15.2%

Operating profit

735

1,000

265

36.0%

11240

229

2081.8%

679

680

10.1%

Others4580

3577.8%Recurring profit

627

850

223

35.4%

▲1,755100

1,855

Net sales
ContentbusinessElectornic
Money business

ContentbusinessElectornic
Money business

Quarterly net profit-*Either of forecasts for net sales, operating profit, recurring profit or net profit have not modified at theannouncement of the financial statements for FY10 1Q.
88

Amortization of Goodwill(Unit : million yen)
ＦＹ091QＦＹ10Full year

Full year(Plan)

1Q

ＦＹ11(Plan)

ＦＹ12(Plan)

ＦＹ13(Plan)

ＦＹ14(Plan)

WebMoney

187720828175

44

Faith Wonderworks

538

3,566235

938

178

2620

1

15-1-2-2-2-2-1

557

3,658

254

1,018

257

99

62

7Others
Total

8-*Posted 1,420 million yen of Extraordinary loss from amortization of goodwill during FY09.

99

FY10 1Q Consolidated Net Sales (year-on-year basis)(Unit : billion yen)

13.2 billion

FY09 1Q

Decrease in revenue
from ringtone solution

Contents businessElectronic Moneybusiness-0.8 billion+4.7 billion

Growth of settlement
amount-70 million

Other business17.1 billion

FY10 1Q
0501001502001010

FY10 1Q Operating Profit (year-on-year basis)(Unit : million yen)

425

FY09 1Q

Content business-158

Decrease in revenue fromringtone solution

Electronic Moneybusiness+102

Growth of settlement amount-6Others

363

FY10 1Q
0100

200

300

4005001111

FY10 1Q Recurring Profit (year-on-year basis)(Unit : million yen)

FY09 1Q

411

Decrease in operating profit-61

Decrease in dividends
received‐12-35

Increase in exchange loss
Increase in investment
gain/loss on equity method+69O thers+2425374

FY10 1Q050100150200250300

350400450500

1212

FY10 1Q Net Profit (year-on-year basis)(Unit : million yen)

FY09 1Q

38

De cre ase in re curring profit

‐37
‐30

Decre ase in re versal of allowance for doubtful accounts
Loss on change s in share holde r equity‐11Effect of asse t re tire ment obligations‐17

Decrease in income taxe s+224‐34

Incre ase in minority inte rests
O thers‐4

FY10 1Q

129-200 -1000100200300

4005001313Consolidated Balance Sheet (year-on-year change)■End of March 2010■End of June 2010

Short-term loans 2.4 billion

Cash equivalent
9 billion

Accounts and notes
Receivable 6.3
billionTrade notes andaccounts payable
7.1 billion

Totalliabilities
16.9 billion

Current liabilities 15.1
billionincludesLiabilitywithinterest
3.9 billion

Long-term loans 1.5 billion
Fixed liabilities 1.8 billion

Tangible fixed assets 2.9billion / Intangible fixedassets 1.8 billion

Capital stock 3.2billion
Capital surplus 3.7billion

Investment securities
7.4 billion

Accumulated profit
5.4 billion

Current assets 17.2 billion

Fixed assets 12.7 billion

Net assets 12.9 billion

Total assets 29.9 billion

Short-term loans 2.4 billion

Cash equivalent
9.2 billion

Accounts and notes
receivable 5.7billion
Current assets 16.8 billion
Tangible fixed assets 2.9billion / Intangible fixed
assets 1.5 billion

Investment securities
7.3 billion

Fixed assets 12.1 billion

Trade notes andaccounts payable
6.9 billion
Current liabilities 14.1billion
Long-term loans 1.4 billion
Fixed liabilities 1.7 billion

Capital stock 3.2billion
Capital surplus 3.7billion

Total
liabilities
15.8 billion
includesLiabilitywithinterest
3.8 billion

Accumulated profit
5.5 billion
Net assets 13.0 billion

Total assets 28.9 billion

1414

NoticeThis document and its supporting documents containprojections of our company’s future performance. Theseare estimates by the management of Faith based on
currently 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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