Consolidated business results
Financial Results for the year ended March 31,2012

May 11, 2012

ROUND ONE corporation

TSE and OSE first section

Code No.4680
URL http://www.round1.co.jp
C.E.O. and President
Masahiko Sugino
Tel : +72-224-5115
Managing Director and General Manager of Administrative Division Shinji Sasae
Date of Regular General Shareholder's Meeting : June 23, 2012.
Dividend will be paid on after June 25, 2012
Date of presentation expected date of securities report : June 25, 2012.
1. Business Results for the year ended in March 2012. ( April 1, 2011 to March 31, 2012 )(1) Operating Results( Figures are rounded down to the nearest million yen.)

Sales

Operating Income\mn(Note)

Comprehensive income\mn％

89,56884,303

FY2011 (2012/3)
FY2010 (2011/3)

6.2
2.7

FY2011 : \2,761mn (-%)

(Note)

40.5(5.1)

11,481
6,929

\mn％

2,781
(12,673)-Return on
Equity-29.19(136.84)

Investment gains and losses by the equity method％

65.7(11.7)FY2010 : \(13,047)mn (-%)

Net Income per share,
fully diluted

Earnings per ShareFY2011 (2012/3)
FY2010 (2011/3)\mn％

16,036
11,416Net Income

Ordinary Income

Operating Income to

Return on Assets

sales ratio％％％

3.5(15.4)

4.8
2.8

17.9
13.5

FY 2011 : None , FY 2010 : None

(2) Financial Status
Shareholder's Equity Ratio

Net Assets

Total Assets\mn(Note)\mn

228,236
252,106

FY2011 (2012/3)
FY2010 (2011/3)
Shareholder's equity

Shareholder's Equity
Per Share％

35.0
31.3

¥838.35¥829.37

Cash flow byfinancing activities

at the end of quarter

79,882
79,028FY2011(2012/3) : \79,882mn , FY2010(2011/3) : \79,028mn(3) Cash Flow
Cash flow by
operating activities

Cash flow by
investing activities\mn\mn32,852
22,418FY2011 (2012/3)
FY2010 (2011/3)

Cash and cash equivalents\mn

24,036(23,563)\mn(45,981)(4,551)

28,00317,007

2.Dividend Payment
Annual dividend per share
1Q\-

FY2010 (2011/3)
FY2011 (2012/3)
FY2012(2013/3)(estimate)

3Q

2Q\Term\10.00
10.00
10.00

-Total amount ofdividend

Dividend payout
ratio

Ratio of dividends paid
to shareholder's equity(annual)(Consolidated)(Consolidated)

Annual\\10.0010.00
10.00

20.00
20.00
20.00

\mn

1,745
1,905％

％

-2.1
2.4

68.5
190.7

3.Forecasts for the FY2012. ( April 1, 2012 to March 31, 2013 )Sales (Consolidate)\mn％

Operating Income(Consolidate)\mn

Ordinary Income(Consolidate)\mn％

Net Income(Consolidate)％\mn

Earnings per share(Consolidate)

％

1Q-2Q

44,700(2.8)

7,100(24.4)

5,000(28.1)

1,250(48.6)¥13.12FY2012(2013/3)

90,0000.5

14,100(12.1)

10,000(12.9)

1,000(64.1)¥10.50-１-4.Others(1) The change of the important subsidiary in FY2011. (Change in consolidation scope in subsidiary.)none(2) Change in accounting method, accounting principle, how to disclose, and others to make the consolidated financial statements.
① Change in accounting standard : None
② Without above ① : None
(3) Number of shares outstanding during the term (Common stock)① Number of shares issued at the term end. ( Include treasury stock) FY2011(2012/3) : 95,452,914 / FY2010(2011/3) : 95,452,914
FY2011(2012/3) : 167,811 / FY2010(2011/3) : 165,711② Number of treasury stock at the term end.
FY2011(2012/3) : 95,286,321 / FY2010(2011/3) : 92,614,750③ Number of average stock.

(Reference)Non-consolidate business results

1. Business Results for the year ended in March 2012. ( April 1, 2011 to March 31, 2012 )(1) Operating Results( Figures are rounded down to the nearest million yen.)

Sales

Operating Income\mn
FY2011 (2012/3)
FY2010 (2011/3)

FY2011 (2012/3)
FY2010 (2011/3)\mn％

89,037
83,995

6.0
2.3

8,551
3,983

Ordinary Income\mn％

114.7(34.4)

11,4677,027

Earnings per ShareNet Income per share,
fully diluted¥29.09(¥135.78)-Net Income％

\mn％

63.2
(10.6)

2,771(12,575)-(2) Financial Status
Total Assets

Net Assets

Shareholder's Equity Ratio\mn(Note)

Shareholder's equity\mn

169,439
168,771

FY2011 (2012/3)
FY2010 (2011/3)

Shareholder's Equity
Per Share％

80,00879,14347.2
46.9¥839.68¥830.58

FY2011(2012/3) : \80,008mn , FY2010(2011/3) : \79,143mn

2.Forecasts for the FY2012. ( April 1, 2012 to March 31, 2013 )Sales\mn1Q-2Q
Term

44,40089,000Ordinary Income％(2.9)
0.0

\mn

5,000
10,000Net Income％(28.4)(12.8)-2-\mn

1,250
1,000

Earnings per share％(49.6)(63.9)¥13.12¥10.50Consolidated Balance sheets - 1(million of yen)
End of Previous Term

End of Current Term(as of March 31, 2011)(as of March 31, 2012)

AmountAmountTerm

Item( Assets )1.Current assets
Cash and deposit
Cash and deposit (non-exempt properties)
Accounts receivable
Commodities
Supplies
OthersOthers (non-exempt properties)
Current assets total

17,007
5,766
414
234
1,113
12,061574
37,17128,003
1,484
557
190
1,232
3,711
50
35,23082,197
27,159231
387
47,65020,02723,484
1,461

90,013
6,888
273
191
52,036
5,495
22,164
2,252

202,599231

179,317
209

175
20
3,888
7,222
213
582
12,103214,934
252,106

172
8
4,977
7,574
210
536
13,479193,005
228,236

2.Fixed assets
Tangible fixed assets
Buildings and structures
Buildings and structures (non-exempt properties)
Bowling equipment
Arcade game machineLand
Land (non-exempt properties)
Lease asset
OthersOthers (non-exempt properties)
Tangible fixed assets total
Intangible fixed asset
Investments and other assets
Investments in affiliated company
Long-term loans
Deferred tax assets
Key money deposited
Key money deposited (non-exempt properties)
OthersInvestments and other assets total
Fixed assets total
Total assets
Note (1) Figures are rounded down to the nearest million yen.
(2) Red letters indicate assets of consolidated subsidiaries.
(silent partnerships relating to special-purpose companies)-3-

Consolidated Balance sheets - 2(million of yen)Term

End of Previous Term

End of Current Term(as of March 31, 2011)(as of March 31, 2011)

AmountAmountItem( Liabilities )1.Current liabilities
Account payable
Short-term loans
Bonds to be redeemed within one year
Long-term loans to be repaid within one year
Long-term loans to be repaid within one year
(non-exempt properties)
Lease obligation
Account corporate tax etc.
Allowance for loss due to disease
OthersCurrent liabilities total

189
2,882
913
11,107

211
1,238
1,413
15,166

21,387

1,804

9,679
236
363
4,725
51,485

10,610393
4,851
35,6897,340
72,07020,460203
14,461
6,066431
557
121,592
173,078

10,02673,406
7,861
222
14,006
6,149
525
464
112,663
148,353

25,021
25,49629,749(317)
79,95025,021
25,49630,625(318)
80,825

(921)
(1)
(922)
79,028252,106

(921)
(21)
(943)
79,882
228,236

Fixed liabilities
Bonds
Long-term loans
Long-term loans (non-exempt properties)
Officer's retirement allowance
Lease obligation
Asset retirement obligations
Key money received
OthersFixed liabilities total
Liabilities total(Net assets)
1.Shareholder's equity
Capital stock
Capital reserve
Profit reserve
Treasury stock
Shareholder's equity total
2.Difference from revaluation andexchange rate changes
Difference for land revaluation
Foreign currency translation adjustments
Accumulated other Comprehensive income
Net assets total
Total liabilities and net assets
Note (1) Figures are rounded down to the nearest thousand yen.
(2) Red letters indicate liabilities of consolidated subsidiaries.
(silent partnerships relating to special-purpose companies)-4-

Consolidated Profit & Loss Statements(million of yen)Previous Term

Current Term

From April 1, 2010

From April 1, 2011

to March 31, 2011

to March 31, 2012

AmountAmountSales

84,30389,568

Cost of sales

71,03071,779Gross profit

13,273

17,789

1,856

1,753

11,416

16,036

147
23
173
91
75
511

44
7
39
44
160
296

4,609
18
70
62
237
4,999

4,351
85
107
306
4,850

6,929

11,481

-257
115
373

495
1,796
363
21,451
3,173
27,280

3,665
305
1,669
70
5,710

(20,351)

6,144(7,677)(12,673)(12,673)

3,362
2,781
2,781

(12,673)

2,781

(0)
(373)
(374)

(20)
(20)

(13,047)

2,761(13,047)-2,761-Selling, general & administrative expenses
Operating income
Non-operating income
Interest and dividend income
Exchange gain
Insurance income
Sales promotion income
Subsidy income
OthersNon-operating expenses
Interest expense
Stock issue costs
Bond issue expense
Exchange loss
Financing expense
OthersOrdinary income
Extraordinary gain
Gain on sales of property, plant and equipment
Return on reversal of provision for opening shop cancellation loss

Extraordinary loss
Loss on sales of property, plant and equipment
Loss on disposal of property, plant and equipmentimpairment loss
Transfer allowance for loss due to disease
Loss on change of opening shop plan
Effect of adoption of asset retirement obligations
othersPretax net income for the current term
Corporate inhabitants and enterprise taxes
Corporate tax adjustments
Pre-adjustment minority interest income

Net income
Note : Figures are rounded down to the nearest million yen.

Pre-adjustment minority interest income
Other comprehensive income
Foreign currency translation adjustments
Difference for land revaluation
Total other comprehensive income

Comprehensive income(Detail)Comprehensive income attributable to owner of the parent
Comprehensive income attributable to minority interest-5-Consolidated Statements of Shareholders Equity(million of yen)Previous Term

Current Term

From April 1, 2010

From April 1, 2011

to March 31, 2011

to March 31, 2012

AmountAmountShareholder's equity
Capital stock
Balance as of term beginning

20,92425,021

4,096
4,096
25,021

25,021

21,39925,496

4,096
4,096
25,49625,49644,16929,749(1,745)(12,673)(14,419)
29,749(1,905)2,781
875
30,625

(315)

(317)

(1)
(1)
(317)

(1)
(1)
(318)

86,177

79,9508,193(1,745)(12,673)(1)(6,226)
79,950(1,905)
2,781
(1)
874
80,825

(548)

(921)

(373)
(373)
(921)

(921)

(0)

(1)

(0)
(0)
(1)

(20)
(20)
(21)

(548)

(922)

(374)
(374)
(922)

(20)
(20)
(943)

85,62979,028

8,193(1,745)(12,673)(1)(374)(6,600)79,028(1,905)
2,781
(1)
(20)
854
79,882

Change in current term
Share issued
Change in current term total
Balance as of term ending
Capital reserve
Balance as of term beginning
Change in current term
Share issued
Change in current term total
Balance as of term ending
Profit reserve
Balance as of term beginning
Change in current term
Dividend of profit reserve
Net income
Change in current term total
Balance as of term ending
Treasury stock
Balance as of term beginning
Change in current term
Purchase of treasury stock
Change in current term total
Balance as of term ending
Shareholder's equity total
Balance as of term beginning
Change in current term
Share issued
Dividend of profit reserve
Net income
Purchase of treasury stockChange in current term total
Balance as of term ending

Accumulated other Comprehensive income
Difference for land revaluation
Balance as of term beginning
Change in current term
Change in current term without capital stock items
Change in current term total
Balance as of term ending
Foreign currency translation adjustments
Balance as of term beginning
Change in current term
Change in current term without capital stock items
Change in current term total
Balance as of term ending
Total accumulated other Comprehensive income
Balance as of term beginning
Change in current term
Change in current term without capital stock items
Change in current term total
Balance as of term ending
Net assets total
Balance as of term beginning
Change in current term
Share issued
Dividend of profit reserve
Net income
Purchase of treasury stock
Change in current term without capital stock items
Change in current term total
Balance as of term ending
Note : Figures are rounded down to the nearest million yen.

-6-

Consolidated Statements of Cash Flow(million of yen)
Current Term

Previous Term
From April 1, 2010
to March 31, 2011From April 1, 2011
to March 31, 2012

AmountAmountCash flow from operating activities
Net income before taxes
Depreciation expenses
impairment loss
Loss on change of opening shop plan
Bond issue costs
Increase in officer's retirement allowanceTransfer alowance for loss due to disease
Interest and dividend received
Interest paid
Fixed assets sales gain
Fixed assets disposal losses
Effect of adoption of asset retirement obligations
Increase in accounts receivables
Increase in inventory
Increase in account payable
Increase in temporary payable
OthersSubtotalInterest and dividends received
Interest paid
Corporate taxes refund
Corporate taxes paid
Total cash flow from operating activities(20,351)
18,824
1,796
21,451
(6)
363
(147)
4,609
495
3,173
(52)
(206)
33
6(476)
29,514112(4,719)(2,488)22,418

6,144
19,702
1,669
85
18(363)
(44)
4,351
3,407
305
(143)
(75)
22
6
1,432
36,51911(4,458)
1,737
(957)
32,852

2,337(6,259)491(32,900)
13,100
(492)
274
(114)
(23,563)

4,282(2,587)22,49212(2,549)
2,732
(347)
24,0362,020(8,270)
24,646
3,275(18,230)(13,525)
(913)
8,193
(1)
(1,745)(4,551)(7)(5,704)22,711(5,294)(10,724)
22,7753,872(36,055)(21,749)
4,014
(913)
(1)
(1,905)(45,981)(21)
10,88617,007-109

17,00728,003

Cash flow from investing activities
Decrease in cash and deposit (non-exempt properties)
Payment for acquisition of fixed asset investment
Proceeds from sales of fixed asset
Payment for loan
Proceeds from collection of loan
Payment for key money deposit
Proceeds from collection of key money deposit
OthersTotal cash flow from investing activities

Cash flow from financing activities
Decrease in short-term loan
Payment for lease obligation
Proceeds from long-term loans
Proceeds from long-term loans (non-exempt properties)
Payment for long-term loans (non-exempt properties)
Payment for long-term loans
Proceeds for bond issue
Payment for bond redemption
Proceeds from stock issue
Payment for acquisition treasury stock
Dividend payments
Total cash flow from financing activities

Effect of exchange rate changes on cash and cash equivalents
Increase / decrease in cash and cash equivalents
Cash and cash equivalents at beginning of term
Increase / decrease in cash and cash equivalents(Change in accounting scope)
Cash and cash equivalents at end of Interim
Note : Figures are rounded down to the nearest million yen.

-7-