Summary Report of Consolidated Financial Results
For the Fiscal Year Ended June 30, 2011

(All financial information has been prepared in accordance with accounting principles generally accepted in Japan.)
Don Quijote Co., Ltd.
Securities Code No.: 7532
Shares Listed:Tokyo Stock Exchange
Address:
2-19-10 Aobadai, Meguro-ku, Tokyo
Representative:
Junji Narusawa, President and Representative Director
Contact:
Mitsuo Takahashi, Senior Managing Director (Phone: +81-3-5725-7588)
URL:
http://www.donki.com(Amounts in million yen are rounded off to the nearest million)
1. Overview of Business Results and Financial Position for the fiscal year ended June 30, 2011
(From July 1, 2010 to June 30, 2011)(1) Results of Business Operations(Millions of yen, except per-share data)
OperatingOrdinary
ChangeNet Sales
Change (%)
Change (%)
IncomeIncome(%)
Fiscal year ended
507,661
4.1
25,336
20.3
25,13819.1
June 30, 2011
Fiscal year ended
487,571
1.4
21,06722.7
21,10932.0
June 30, 2010

Fiscal year ended
June 30, 2011
Fiscal year ended
June 30, 2010Net
IncomeChange(%)

Net Income
Per Share(Yen)Net Income
Per Share-fullydiluted (Yen)

Return on
Equity (%)

Ordinary
Income on Total
Assets (%)

Operating
Income on
Net Sales (%)

12,66323.7

167.82

164.34

11.1

7.8

5.0

10,23819.7

147.35

137.64

10.5

7.0

4.3

(2) Financial Position(Millions of yen, except per-share data)
Total Assets

Net Assets

Equity Ratio (%)

Net Assets
per Share (Yen)341,300
302,029

125,242
106,76036.2
34.9

1,604.65
1,460.81

As ofJune 30,2011
June 30,2010(3) The Consolidated Statements of Cash Flows(Millions of yen)

Cash Flows fromOperating Activities

Cash Flows from
Investing Activities

Cash Flows from
Financing Activities

Cash and Cash
Equivalents

26,029△44,789

7,274

26,875

18,885△16,497△5,47538,911

Fiscal year ended
June 30, 2011
Fiscal year ended
June 30, 2010
2. Dividends

Year Ended June 30,
2010
Year Ended June 30,
2011Year Ending June 30,
2012 (Forecast)Three Months
Ended
September 30

Six Months
Ended
December 31

YenNine Months
EndedMarch 31－

10.00

－－

Total cash
Dividends(Millionsof yen)

Dividend
Payoutratio (%)

Dividends/Net Assets(%)

Year Ended
June 30

Total－

15.00

25.00

1,777

17.0

1.8

10.00

－

18.00

28.00

2,155

16.7

1.8

10.00

－18.00

28.00

115.4

3. Consolidated Business Forecast： For the year ending June 30, 2012(From July 1, 2011 to June 30, 2012)(Millions of yen, except per-share data)

Six Months Ending
December 31, 2011
Year Ending
June 30, 2012

Net Sales

Change(%)

Operating
IncomeChange(%)

Ordinary
IncomeChange(%)

Net
IncomeChange(%)

Net Income
per Share(Yen)

270,000

5.7

14,7003.6

14,600

4.1

7,800

3.3

101.26528,900

4.2

27,0006.6

26,8006.6

14,00010.6

181.75

４. Others(1) Significant changes in the scope of consolidation: Yes
Newly consolidated: two companies (Fidec Corporation, Koigakubo SC TMK) Excluded:－(2) Changes in accounting policies, procedures, and methods of presentation for preparing the consolidated financial
statements① Changes in line with revision to accounting standards: Yes② Other changes: None
(3) Number of outstanding shares (Common stock)① Number of outstanding shares (Treasury stock included)
June 30, 2011
77,030,780 shares
June 30, 2010
72,095,109 shares
June 30, 2011
1,244 shares② Number of treasury stockJune 30, 2010
473 shares③ Average number of outstanding shares during the period
June 30, 2011
75,451,847 shares
June 30, 2010
69,482,278 shares※Implementation Status of Financial Audit
Financial Audit based on Financial Instrument and Exchange Act for the fiscal year ended June 30, 2011 is inprogress.
※Explanation regarding the appropriate use of forecasts of business results
The financial forecasts of business results are based on judgments and estimates that have been made using ofcurrently available information. By nature, such financial forecasts are subject to uncertainty and risk. Therefore,
you are advised that the final results might be significantly different from the aforementioned forecasts due tochanges in economic environments related to our business, market trends and exchange rate, etc.

2Consolidated Balance Sheets(Millions of yen)
As of June 30,

As of June 30,

2011

2010

AmountAmountAssets
Current assets
Cash and deposits¥35,031¥41,734

Notes and Accounts receivable-trade

4,585

4,045

Purchased receivables

6,787－Merchandise and finished goods

81,58274,452

Prepaid expenses

2,096

2,106

Deferred tax assets

1,868

1,853

Other

2,580

4,061

(14)

（53）

134,515

128,198

96,947

83,931

Accumulated depreciation(35,487)（31,437）

Accumulated impairment loss

(3,404)（2,533）

Buildings and structures, net

58,05649,961Tools, furniture and fixtures

33,83932,032

Accumulated depreciation

Allowance for doubtful accounts
Total current assets

Noncurrent assets
Property, plant and equipment
Buildings and structures(23,877)（22,631）

Accumulated impairment loss

(566)

（690）

Tools, furniture and fixtures, net

9,396

8,711

166

165(115)

（78）

51

87

87,18764,378180

597

154,870

123,734

6,461

2,721

4,362

6,297

Long-term loans receivable

1,332

1,311

Long-term prepaid expenses

2,014

2,225

Deferred tax assets

2,320

2,173

Lease and guarantee deposits

33,30333,674

Other

6,808

4,857

Allowance for doubtful accounts(4,685)（3,161）Other
Accumulated depreciation
Other, netLand
Construction in progress
Total property, plant and equipment
Intangible assets
Investments and other assets
Investment securities

Total investments and other assets
Total noncurrent assetsTotal assets

345,45447,376

206,785

173,831¥341,300¥302,029

(Millions of yen)
As of June 30,

As of June 30,

2011

2010

AmountAmountLiabilities
Current liabilities
Accounts payable-trade¥42,430¥42,670

Short-term loans

14,935

698

Current portion of long-term loans

11,774

10,834Current portion of bonds

12,922

41,507－

8,625

Accrued expenses

5,739

6,119

Income taxes payable

4,434

4,014

186

247

1,132

－

Current portion of convertible bonds

Provision for point card certificates
Reserve for loss on disaster
Asset retirement obligations
Derivatives liabilities
Other provision
Other
Total current liabilities

153－

2,978－－

72

9,388

7,219

106,071

122,005

58,02933,851

Noncurrent liabilities
Bonds
Convertible bonds

350

350

Long-term loans

35,57020,379128

2,848

Derivatives liabilities
Provision for retirement benefits－84

Provision for directors' retirement benefits

367

375

1,705

－

Asset retirement obligations
Negative goodwill

2,449

3,306

Other

11,38912,071

Total noncurrent liabilities

109,987

73,264

Total liabilities
Net assetsShareholders' equity

216,058

195,269

Capital stock

19,561

15,049

Capital surplus

22,364

17,856

Retained earnings

85,16574,503（3）（1）

127,087

107,407

（327）

（104）

Foreign currency translation adjustment（3,155）（1,986）

Total valuation and translation adjustments（3,482）（2,090）Treasury stock
Total shareholders' equity
Valuation and translation adjustments
Valuation difference on investment securities

Subscription rights to shares
Minority interests

Total net assets
Total liabilities and net assets
4－0

1,637

1,443

125,242

106,760¥341,300¥302,029

Consolidated Statements of Income(Millions of yen)
Fiscal year ended
June 30, 2010
AmountFiscal year ended
June 30, 2011
AmountNet sales¥507,661¥487,571

Cost of sales

378,587

364,065

Gross profit

129,074

123,506

Selling, general and administrative expenses

103,738

102,439

Operating income

25,336

21,067

Interest and dividends income

497

617

Gain on investments in silent partnership－58

Amortization of negative goodwill

857

857

Commission fee

343

292

Other1,002

1,076

Total non-operating income

2,699

2,900

1,681

1,678

Loss on valuation of derivatives

253

615

Amortization of bond issuance cost390－

Equity in losses of affiliates

1751

Non-operating income

Non-operating expenses
Interest expenses paid on loans and bonds

OtherTotal non-operating expenses
Ordinary income

398

564

2,897

2,858

25,138

21,10921

442

Extraordinary income
Gain on sales of property, plant and equipment
Litigation settlement

167－

Compensation income for expropriation

387－

Gain on redemption of convertible bonds－

221

Marginal gain of repaid corporate reorganization debts

258－

Gain on step acquisitions

197－Other

358

229

1,388

892

716

2,659

682

－779

163

Total extraordinary income
Extraordinary losses
Loss on valuation of investment securities
Loss on adjustment for changes of accounting standard
for asset retirement obligations
Impairment loss
Loss on closing of stores

425

399

Loss on retirement of property, plant and equipment

118

318

1,894

－

Loss on disaster
Other

765

1,617

5,379

5,156

21,147

16,845

Income taxes - Current

7,732

7,103

Income taxes - Deferred

179(796)

Total extraordinary losses
Income before income taxes and minority interestsTotal income taxes
Income before minority interests
Minority interests in income
Net income
57,911

6,307

13,236

－

573

300

¥12,663¥10,238

Consolidated statements of comprehensive income(Millions of yen)
Fiscal year ended

Fiscal year ended

June 30, 2011

June 30, 2010

AmountAmount¥13,236

¥－

（223）

－

Foreign currency translation adjustment（1,169）－Total other comprehensive income（1,392）－¥11,844¥－¥11,271

¥－

573

－

Income before minority interests
Other comprehensive income
Valuation difference on available-for-sale securities

Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of theparent
Comprehensive income attributable to minority
interests6

Consolidated statements of changes in net assets(Millions of yen)
Fiscal year ended

Fiscal year ended

June 30, 2011

June 30, 2010

AmountAmountShareholders' equity
Capital stock
Balance at the end of previous period¥15,049¥14,9774,512

72

Changes of items during the period
Issuance of new shares
Total changes of items during the period
Balance at the end of current period

4,512

72

19,561

15,04917,856

16,2894,508

72－1,495

Capital surplus
Balance at the end of previous period
Changes of items during the period
Issuance of new shares
Disposal of treasury stock
Total changes of items during the period

4,508

1,567

22,364

17,85674,50365,806

Dividends from surplus（1,850）（1,595）

Net income

12,663

10,238（150）

54

10,662

8,697

85,16574,503（1）（4,976）

Balance at the end of current period
Retained earnings
Balance at the end of previous period
Changes of items during the period

Change of scope of consolidation
Total changes of items during the periodBalance at the end of current period
Treasury stock
Balance at the end of previous period
Changes of items during the period
Purchase of treasury stock

（2）

（0）

Disposal of treasury stock－4,975

Total changes of items during the period

（2）

4,975

（3）

（1）

107,407

92,096

Balance at the end of current period
Total shareholders' equity
Balance at the end of previous period
Changes of items during the period
Issuance of new shares

9,020

144

Dividends from surplus（1,850）（1,595）

Net income

12,663

10,238Purchase of treasury stock

（2）

（0）

Disposal of treasury stock－6,470

（150）

54

19,68015,311¥127,087¥107,407

Change of scope of consolidation
Total changes of items during the period
Balance at the end of current period

7

(Millions of yen)
Fiscal year ended

Fiscal year ended

June 30, 2011

June 30, 2010

AmountAmountValuation and translation adjustments
Valuation difference on available-for-sale securities
Balance at the end of previous period¥（104）¥（1,856）

Net changes of items other than shareholders' equity

(223）

1,752

Total changes of items during the period

(223）

1,752

（327）

（104）

（1,986）（1,401）

Net changes of items other than shareholders' equity(1,169）（585）

Total changes of items during the period(1,169）（585）（3,155）（1,986）(2,090）（3,257）(1,392）

1,167

Changes of items during the period

Balance at the end of current period
Foreign currency translation adjustment
Balance at the end of previous period
Changes of items during the period

Balance at the end of current period
Total valuation and translation adjustments
Balance at the end of previous period
Changes of items during the period
Net changes of items other than shareholders' equity
Total changes of items during the period
Balance at the end of current period(1,392）

1,167（3,482）（2,090）01

Subscription rights to shares
Balance at the end of previous period
Changes of items during the period
Net changes of items other than shareholders' equity

（0）

（1）

Total changes of items during the period

（0）

（1）

－

0

1,443

1,132

Net changes of items other than shareholders' equity

194

311

Total changes of items during the period

194

311

1,637

1,443

106,760

89,972

Balance at the end of current period

Minority interests
Balance at the end of previous period
Changes of items during the period

Balance at the end of current period

Total net assets
Balance at the end of previous period
Changes of items during the period
Issuance of new shares

9,020

144

Dividends from surplus（1,850）（1,595）

Net income

12,663

10,238Purchase of treasury stock

（2）

（0）

Disposal of treasury stock－6,470Change of scope of consolidation
Net changes of items other than shareholders' equity
Total changes of items during the period
Balance at the end of current period8（150）

54（1,198）

1,477

18,483

16,788¥125,242¥106,760

Consolidated Statements of Cash Flows
Fiscal year ended
June 30, 2011
AmountNet cash provided by (used in) operating activities:
Income before income taxes and minority interests
Depreciation and other amortization
Impairment loss
Amortization of negative goodwill
Increase in allowance for doubtful accounts
Increase in provision for directors' retirement benefits
Decrease in provision for retirement benefits
Decrease in provision for point card certificates
Provision for loss on disaster
Payments for loss on disasterInterest and dividends income
Loss on valuation of derivatives
Equity in losses of affiliates
Loss (gain) on investments in silent partnership
Interest expenses paid on loans and bonds
Loss on sales of investment securities
Loss (gain) on sales and retirement of property, plant and equipment
Loss on store closings
Offset payments for house rental fee with lease and guarantee
deposits(Millions of yen)
Fiscal year ended
June 30, 2010
Amount¥21,147
9,908
779
（857）
129
21－（61）
1,132
762
（497）
253
175
4
1,681
148
123
245

¥16,845
9,823163
(857)
274
212
(388)
(139)
－－(617)
615
1(58)
1,678
510
(123)
152

1,171

1,192

－
716

(221)
2,659

Gain on redemption of convertible bonds
Loss on valuation of investment securities
Loss on adjustment for changes of accounting standard for asset
retirement obligations
Decrease (increase) in notes and accounts receivable-trade
Increase in inventories
Decrease (increase) in other current assets
Increase in notes and accounts payable‐trade

682

－

（501）
（7,655）
913
4,750

566
(3,879)(1,016)
1,911

Increase (decrease) in other current liabilities
Decrease in other noncurrent liabilities
Other, net
Sub totalInterest and dividends income received
Interest expenses paid
Income taxes paid
Net cash provided by operating activities

545
（809）
（221）
34,683330（1,681）（7,303）¥26,029（1,825）（1,052）398
26,824452（1,660）（6,731）¥18,8859

(Millions of yen)

Net cash provided by (used in) investing activities:
Payments into time deposits
Proceeds from withdrawal of time deposits
Purchase of property, plant and equipment
Proceeds from sales of property, plant and equipment
Purchase of intangible assets
Payments for lease and guarantee deposits
Proceeds from collection of lease and guarantee deposits
Purchase of investment securities
Proceeds from sales of investment securities
Purchase of investments in subsidiaries resulting in change inscope of consolidation
Proceeds from withdrawal of investments in silent partnership
Proceeds from liquidation of anonymous association
Proceeds from purchase of investments in subsidiaries resultingin change in scope of consolidation
Purchase of investments in subsidiaries
Proceeds from liquidation of investment fundsOther, net
Net cash used in investing activities
Net cash provided by (used in) financing activities:
Net decrease in short-term loans payable
Proceeds from long-term loans payable
Repayment of long-term loans payable
Proceeds from issuance of bonds
Redemption of bonds
Repayments of lease obligations
Proceeds from issuance of common stock
Purchase of treasury stock
Proceeds from sales of treasury stock
Redemption of convertible bonds
Cash dividends paid
Proceeds from stock issuance to minority shareholders
Cash dividends paid to minority shareholders
Other, net
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash equivalents
Net decrease in cash and cash equivalents
Cash and cash equivalents at beginning of period
Increase in cash and cash equivalents from newly consolidated
subsidiary
Decrease in cash and cash equivalents resulting from exclusionof subsidiaries from consolidation
Increase in cash and cash equivalents resulting from merger
between consolidated and unconsolidated subsidiaries
Cash and cash equivalents at end of period

10

Fiscal year ended
June 30, 2011

Fiscal year ended
June 30, 2010

AmountAmount¥（45,962）
41,498（34,864）482（2,704）
（869）
794
（0）
1,045

¥（23,766）
21,323（20,952）
1,412
（288）
（1,145）
2,743
（63）
3,427

（4,935）

－

3－

22
825

1,178

－

（321）
－
（134）

（10）
914
（939）

（44,789）（16,497）（964）
28,300（12,731）
37,591（42,407）
（109）
420
－
－
（25）
（1,850）－（945）
（6）
7,274
（344）
（11,830）
38,911（10,302）19,702（11,761）
23,200（10,790）
（186）
144
（0）
5,675
(19,950)(1,595)8－
380（5,475）（114）（3,201）42,040910（215）－－62¥26,875¥38,911

Segment Information
1. Overview of Reporting Segments
The Company’s reporting segments are those for which financial information separate from that of other units
comprising the Group can be obtained. These reporting segments are the subject of regular reviews by the board ofdirectors for determining the allocation of management resources and assessment of business results.
The Group regards “Retail business” and “Rent business” as reporting segments from scope of business. The “Retailbusiness” presents stores such as "Don Quijote", "MEGA Don Quijote", "Nagasakiya", "Doit". The “Rent business”
operates a tenant invitation in the shopping malls and management.
2. Calculation of net sales, profit and loss, and assets, etc.
The same accounting method with which is applied to the consolidated financial statements is applied to segment
accounting.
Income of reporting segment and others are calculated based on operating income.
Intersegment sales and transfers calculated based on market value.
3. Information related to net sales, profit and loss, and assets, etc. by reporting segment
For the Fiscal Year Ended June 30, 2011

(Millions of yen)

Reporting segment
Sub Total

Others(Note 1)

Total

¥15,669¥503,544¥4,117¥507,661¥－¥507,661

4

2,601

2,605

1,159

3,764

(3,764)－Total

487,879

18,270506,1495,276

511,425(3,764)

507,661

Segment income

19,821

4,485

24,306

1,174

25,480(144)

25,336

Segment Assets

255,925

66,550322,475

24,074

346,549(5,249)341,300

8,436

1,382

9,818

157

9,975

(67)

9,908

¥19,597¥18,945¥38,542¥231¥38,773¥(477)¥38,296

Retailbusiness

Rentbusiness¥487,875

Adjustment Consolidated(Note 2)
(Note 3)

Sales, Segment incomeSales
Sales to third parties
Intersegment sales

Others (Note 4)(1) Depreciation expenses(2) Increase in property, plantand equipment, andintangible assets
Notes

1. The other businesses segment includes the services of real estate business, marketing business, cellular phones sales
business, financial service business that are not included in other reporting segments.
2. The segment adjusted income of ¥ (144) million is an intersegment elimination.
The segment adjusted assets of ¥ (5,249) million includes ¥34,318 million of companywide assets not allocated to therespective reporting segments, and ¥ (39,567) million of net eliminations for intersegment transaction.
3. Segment income is adjusted with operating income.
4. Increase in property, plant and equipment, and intangible assets includes long-term prepaid expenses.

11For the Fiscal Year Ended June 30, 2010

(Millions of yen)

Reporting segment
Retailbusiness

Rentbusiness

Sub Total

Others(Note 1)

Total

Adjustment Consolidated(Note 2)
(Note 3)¥467,363¥15,734¥483,097¥4,474¥487,571¥－¥487,571

－

2,152

2,152

1,084

3,236

(3,236)－

Total

467,363

17,886

485,2495,558

490,807(3,236)

487,571

Segment income

16,381

4,333

20,714451

21,165(98)

21,067

Segment Assets

242,018

40,773282,791

4,210

287,001

15,028302,029

8,148

1,619

9,767

128

9,895

(92)

9,803

¥18,556¥3,371¥21,927¥163¥22,090¥40¥22,130

Sales, Segment income
Sales
Sales to third parties
Intersegment sales

Others (Note 4)(1) Depreciation expenses(2) Increase in property, plantand equipment, andintangible assets
Notes
1. The other businesses segment includes the services of real estate business, marketing business, cellular phones sales
business that are not included in other reporting segments.
2. The segment adjusted income of ¥ (98) million is an intersegment elimination.
The segment adjusted assets of ¥15,028 million includes ¥47,383 million of companywide assets not allocated to therespective reporting segments, and ¥ (32,355) million of net eliminations for intersegment transaction.
3. Segment income is adjusted with operating income.
4. Increase in property, plant and equipment, and intangible assets includes long-term prepaid expenses.

12