Business Results Summaryfor the First Quarter of Fiscal YearEnding December 31, 2010
May 10,2010
WORLD INTEC CO., LTD.

ＪＡＳＤＡＱ（２４２９）Copyright © WORLD INTEC CO.,LTD. All Rights Reserved

Contents

1. Business Results Summary for the First Quarterof Fiscal Year Ending December 31, 2010 ・・・・・・・・・・・・・・3～8

2. Earnings Forecast
for the Fiscal Year Ending December 31, 2010・・・・・・・・・・9～11

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2

Business Results Summary for the First Quarterof Fiscal Year Ending December 31, 2010

Copyright © WORLD INTEC CO.,LTD. All Rights Reserved3Consolidated Business Results Summary for 1Q FY12/10 (Year-on-Year)Net sales

Our Manufacturing Outsourcing Business picks up with increase in orders, while overseas sales
continue to improve as well. In addition, rising sales generated by our Information Technology& Telecommunications Services, together with our Marketing Sales Services, businesses makesignificant contributions to net sales.

Operating
IncomeImprovement a dividend of structural reforms

Ordinary
IncomeIncrease due to the government’s employment adjustment subsidy

1Q NetIncomeDespite an increase in gross income, net income for the quarter declines,
hit by higher corporate income tax and other taxes(Consolidated)

FY12/09
1Q(Jan.-Mar.)
ActualFY12/101Q(Jan.-Mar.)
ActualNet Sales

7,533

7,652

118

1.6%

Operating Income△147154302－△2.0%

2.0%－－△118

209328－△1.6%

2.7%－－△70126

196－

△0.9%

1.6%

－－(Unit：¥Million)

Operating Margin
Ordinary Income
Ordinary Margin
Net Income
Net Margin

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Year-on-Year Change
AmountPercentage

4Consolidated Net Sales and Operating Income Margin▌ The number of workers placed onsite has continued to increase from April.

Copyright © WORLD INTEC CO.,LTD. All Rights Reserved5Business Results Summary by Segment (Year-on-Year)(Unit：¥Million)

FY12/09
1Q(Jan.-Mar.)
Actual
3,718

FY12/101Q(Jan.-Mar.)
Actual3,146

43

Year-on-Year Change
AmountPercentage△571△15.4%

161

117

268.0%

1.2%

5.1%

－－

1,474

1,409

△65

△4.4%

1787

70

407.5%

1.2%

6.2%

－－

Net Sales

518502△15△3.0%

Operating Income5333△19△36.5%

Operating Margin

10.2%

6.6%

－－Net Sales
Information Technology &Telecommunications
Operating IncomeServices
Operating Margin1,608

1,749

1408.7%1713△4△26.5%

1.1%0.7%－－

Net Sales

213844630

295.4%

Operating Income△18687－△0.5％10.2%－－

Net Sales

7,533

7,652118

1.6%

Elimination/All company△278△22750－Operating Income△147154302－△2.0％2.0%－－

Net Sales
Manufacturing Temporary
Operating Income
Placement/Contracting
Operating Margin
Technology OrientedPlacement

Net Sales
Operating Income
Operating Margin

R&D Placement

Marketing Sales Services

Operating Margin
Total

Operating Margin

Copyright © WORLD INTEC CO.,LTD. All Rights Reserved6Summary of Consolidated Balance Sheets(Consolidated)(¥Million)
Total assets
Current assets
Cash and deposits
Notes and accounts receivable-trade
Inventories
OthersNoncurrent assets
Property, plant and equipment
Intangible assets
Investments and other assets

FY12/09
1Q Actual
10,536
8,153
4,034
3,124
508
486
2,383
729
212
1,441

Total liabilities
Current liabilities
Notes and accounts payable-trade
Short-term loans payable
Accrued expenses
Income taxes payable
Accrued consumption taxes
OthersNoncurrent liabilities
Long-term loans payable
Provision for retirement benefits
Provision for directors' retirement benefits
OthersTotal net assets
Capital stock
Capital surplus
Retained earnings
Treasury stock
Valuation and translation adjustments
Minority interests
Total liabilities and net assets

6,022
5,027
438
1,642
1,847
42
163
893
994
767
204
20
2
4,514
697
860
2,499
△100
△27586
10,536

9,419
7,664
3,292
3,472
379
520
1,754
662
144
947

Year-on-Year Change
Amount△1,117
△488
△741
348
△129
34△628△66△68△493

4,570
4,106
663
826
1,663
28
193
731
463
188
237
23
14
4,848
697
860
2,774△100△15632
9,419△1,451△921224△816△183△1429△162△530△578
32212334－－275－
1245△1,117

FY12/10
1Q Actual

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7Summary of Consolidated Cash Flows(Consolidated)(Unit: ¥Million)
Cash flows provided by (used in) operating activities
Income before income taxes
Depreciation and amortization
Decrease (increase) in notes and accounts receivable-trade
Decrease (increase) in inventories
Increase (decrease) in notes and accounts payable-trade
Increase (decrease) in accrued expenses
Increase (decrease) in accrued consumption taxes
OthersInterest and dividends income received
Interest expenses paid
Income taxes paid
Cash flows provided by (used in) investing activities
Payments into time deposits
Proceeds from withdrawal of time deposits
Purchase of investment securities
Proceeds from sales of investment securities
Purchase of intangible assets
Purchase of property, plant and equipment
Decrease (increase) in lease and guarantee deposits
OthersCash flows provided by (used in) financing activities
Net increase (decrease) in short-term loans payableProceeds from long-term loans payable
Repayment of long-term loans payable
Others
Effect of exchange rate change on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents, beginning of term
Cash and cash equivalents, end of term

FY12/09
1Q(Jan.-Mar.)
Actual△834△11831
1,018
3812△1,302△237△901△10△177
102△4242△64164――16△141,014
899
400
△196
△882285
3,717
4,002

FY12/101Q(Jan.-Mar.)
Actual△4620925△407165
191△14322220△3△128△30△8282――△11△17△0△1△21433ー△187△601△2893,510
3,220

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Year-on-YearChangeAmount787328△6△1,4261261781,1592591120649△132△404064△164△11△17△1713△1,228△866△400828△1△575△206△7818

Earning Forecast for FY12/10

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9Consolidated Earnings Forecast Summary for FY12/10(Consolidated)(¥Million)
Net Sales
Operating Income
Operating Margin
Ordinary Income
Ordinary Margin
Net Income
Net Margin

FY12/101Q(Jan.-Mar.)
ActualFY12/09
ActualYear-on-Year Change
FY10/12Full Year Forecast

AmountPercentage

29,094

7,652

31,300

2,205

7.6%

389

154690

300

77.0%

1.3%

2.0%

2.2%ーー537

209

700

162

30.1%

1.8%

2.7%

2.2%ーー149

126

240

90

60.8%

0.5%

1.6%

0.8%

ーー

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10Earnings Forecast Summary by Segment for FY12/10
FY12/101Q（Jan.-Mar）
Actual13,221
3,146

FY12/09
Actual(Unit: ¥Million)
ManufacturingTemporary
Placement/Contracting
Technology OrientedPlacement
R&D Placement

Information Technology& Telecommunications
Services
Marketing Sales
Services
Total

Net Sales

Year-on-Year Change

FY12/10
Forecast

AmountPercentage

15,200

1,979

15.0％

Operating Income

775

161

890

115

14.8％

Operating Margin

5.9%

5.1%

5.9％

ーー

Net Sales

5,707

1,409

6,000

293

5.1％

Operating Income

357

87

440

83

23.2％

Operating Margin

6.3%

6.2%

7.3%

ーーNet Sales

1,967

502

2,200

233

11.8％

Operating Income

137

33

200

63

46.0％

Operating Margin

7.0%

6.6%

9.1％

ーーNet Sales

7,200

1,749

6,600

△600

△8.3％

Operating Income

141

13120

△21△14.9％

Operating Margin

2.0%

0.7%

1.8％ーーNet Sales

996844

1,300

304

30.5％

Operating Income△9586095ー

Operating Margin

△9.5％

10.2%

0.2％ーーNet Sales

29,094

7,652

31,300

2,206

7.6％

Elimination/All Company△926△227△960△34―

Operating Income

389

154690301

77.0％

Operating Margin

1.3%

2.0%

2.2％ーーCopyright © WORLD INTEC CO.,LTD. All Rights Reserved

11Trends in Number of Workers Placed Onsite(Nonconsolidated)
The number of workers placed onsite for WITC (which the ManufacturingTemporary Placement/Contracting, R&D Placement, Technology OrientedPlacement and Coordinator Bank businesses constitute) at the end of 2009
was just half that posted in the peak of the end of 2007. However, that figure
is projected to recover to the level reached in January 2006 by the endof this fiscal year.
Trends in onsite worker placement by fiscal year
(Background chart: net sales)
14000
12000
10000
8000
6000
4000
200002005

2006

2007

2008

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20092010 (est.)

12Ratio by Region and Industry
At the end of March, 2010

Sales Ratio by Region

Tohoku11%

At the of end of March, 2009
Tohoku11%
Kyushu37%Kanto
17%

Tokai
8%
Kansai2%

Kyushu
36%

Kanto
20%

Tokai
6% Kansai

Chugoku
25%

Chugoku
25%

2%

Given no significant decline in business by region, no major change in regional balance

At the end of March, 2010
Sales Ratio by Industry
Other
20%

At the end of March, 2009
Automotive
11%
Other
35%

Chemical0%
Pharmaceutical
1%

Electronic
Devices
24%

Precision
Instruments
29%

Chemical
12%
Pharmaceutical
2% Precision

Automotive
19%

Electronic
Devices
34%

Instruments
13%

While the ratio by industry is shifting on a year-on-year basis, demand in precision instruments,including automobiles and semiconductors, grew in 1Q. In addition, orders generated overseas
grew as the performance of the Taiwan operation proved significant.
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Contact Information
WORLD INTEC CO., LTD.
Hiroshi Kudo (Mr.)
Corporate Spokesperson
Corporate Management OfficePhone+81-3-3516-1122

E-Mailirinfo＠witc.co.jp

URL

http://www.witc.co.jp/

A cautionary note on forward-looking statements:
This material contains forward-looking statements on the Company and its future businessperformance. The forecasts are developed from a broad base of information collected andcollated by the Company as of the day the business results are announced. Actual results,
however, may differ materially from those projected. Neither the Company nor provider of theinformation contained herein may be held liable or responsible for any loss or damages
resulting from investment decisions based on the content of this presentation.

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