Summary Report of Consolidated Financial Results
For the Second Quarter Ended December 31, 2009

(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 second quarter of fiscal 2010
(From July 1, 2009 to December 31, 2009)(1) Results of Business Operations(Millions of yen, except per-share data)
Operating
Ordinary
ChangeNet Sales
Change (%)
Change (%)
IncomeIncome(%)
Six Months Ended
250,698
2.7
11,101
33.8
10,833
69.7
December 31, 2009
Six Months Ended－－－244,195
8,296
6,382
December 31, 2008

Net Income

Change (%)

Net Income
Per Share (Yen)Net Income Per
Share-fully
diluted (Yen)

6,100

195.0

88.00

82.16

2,068－

29.91

27.92Six Months Ended
December 31, 2009
Six Months Ended
December 31, 2008
(2) Financial Position(Millions of yen, except per-share data)
Ratio of Shareholders’Equityto Total Assets (%)

Net assets
per Share (Yen)

Total Assets

Net assets

342,552

95,59927.5

1,355.20

297,527

89,97229.9

1,284.15

As of December 31,
2009
Last Fiscal Year
2. Dividends

Yen
Three Months
Ended September
30
Year Ended June 30,
2009Year Ending June 30,
2010
Year Ending June 30,2010 (Forecast)

Six Months Ended
December 31

Nine Months
Ended March 31

Year Ended June30Total－

10.00

－

13.00

23.00

－

10.00

－－－－－－

13.00

23.00

(Note) Revision to the dividend forecast in the second quarter of fiscal 2010: None
3. Consolidated Business Forecast： For the year ending June 30, 2010 (From July 1, 2009 to June 30, 2010)(Millions of yen, except per-share data)

Year Ending
June 30, 2010

Net Sales

Change(%)

Operating
IncomeChange(%)

Ordinary
IncomeChange(%)

Net
IncomeChange(%)

Net Incomeper Share(Yen)497,000

3.4

19,50013.6

19,20020.1

10,80026.3

155.23(Notes) Revision to the business forecast in the second quarter of fiscal 2010: Yes

4. Others(1) Significant changes in subsidiaries (Changes in subsidiaries resulting in changes in the scope of consolidation):
None(2) Simplified accounting methods and special accounting methods for preparation of the quarterly consolidated
financial statements: Yes① Calculation of provision for doubtful accounts
Credit loss ratio of the previous fiscal year end was used to calculate the provision for bad debts for the current
first quarter.
② Calculation of depreciation expenses for fixed assets
For fixed assets where depreciation is calculated by declining-balance method, the annual depreciation is
proportionately allocated to each quarter.
③ Computation method for income taxes, deferred tax assets and deferred tax liabilities
The recoverability of deferred tax assets was assessed based on the projections of future performance and tax
planning that were used in the prior fiscal year but also by taking into account the effects of significant changes ifsuch significant changes were recognized in the business environment or in the circumstances where temporary
differences occur during the period from the end of the prior fiscal year to December 31, 2009.
(3) Changes in accounting policies concerning preparation of quarterly consolidated financial statements① Changes in line with revision to accounting standards: None
② Other changes: None
(4) Number of outstanding shares (Common stock)① Number of outstanding shares (Treasury stock included)
December 31, 2009
72,022,209 shares
June 30, 2009
72,022,209 shares② Number of treasury stock
December 31, 2009
2,447,233 shares
June 30, 2009
2,840,970 shares③ Average number of outstanding shares during the period
December 31, 2009
69,322,868 shares
December 31, 2008
69,133,711 shares※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 uncertainly 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.

Consolidated Balance Sheets(Millions of yen)
As of Decmber 31,

As of June 30,2009

2009

AmountAmountAssetsCurrent assets
Cash and deposits¥79,456¥42,563

Notes and Accounts receivable-trade

5,214

4,612

Merchandise and finished goods

74,81670,651

Other

7,818

6,150

Allowance for doubtful accounts

(147)

(174)

167,157

123,802

Buildings and structures, net

51,011

49,923Tools, furniture and fixtures, net

9,549

8,789

Land

57,45655,028

Total current assets

Noncurrent assets
Property, plant and equipment

Other, net
Total property, plant and equipment
Intangible assets

179

638

118,195

114,378

2,759

2,960

Investments and other assets
Investment securities

11,414

12,055

Lease and guarantee deposits

35,36536,846

Other

10,406

10,252

Allowance for doubtful accounts(2,744)(2,766)

Total investments and other assets

54,441

56,387

Total noncurrent assets

175,395

173,725¥342,552¥297,527

Total assets

(Millions of yen)
As of Decmber 31,

As of June 30,

2009

2009

AmountAmountLiabilities
Current liabilities
Accounts payable-trade¥57,192¥41,062

Short-term loans-payable

4,862

11,000Current portion of long-term loans payable

12,034

9,696

Current portion of bonds

11,325

9,695－

20,171

Commercial papers

18,491－

Income taxes payable

Current portion of convertible bonds

4,401

3,354

Provision for point card certificates

232

386

Other provision

171

52

Other

17,362

15,467

Total current liabilities

126,070

110,883

Bonds payable

66,67553,253

Convertible bonds

8,975

9,335

Long-term loans payable

25,204

13,575Derivatives liabilities

2,981

2,233

341

472

Noncurrent liabilities

Provision for retirement benefits
Provision for directors' retirement benefits

363

162

Negative goodwill

3,734

4,163

Other

12,61013,479Total noncurrent liabilities

120,883

96,672

246,953

207,555

Capital stock

14,977

14,977

Capital surplus

16,347

16,289Retained earnings

71,06165,806

Treasury stock(4,286)(4,976)

Total shareholders' equity

98,09992,096

Valuation difference on available-for-sale securities(1,661)(1,856)

Foreign currency translation adjustment(2,150)(1,401)

Total valuation and translation adjustments(3,811)(3,257)

Total liabilities
Net assetsShareholders' equity

Valuation and translation adjustments

Subscription rights to shares
Minority interests

Total net assets
Total liabilities and net assets

11

1,310

1,132

95,59989,972¥342,552¥297,527

Consolidated Statements of Income(Millions of yen)Six months ended

Six months ended

Decmber 31, 2009

Decmber 31, 2008

AmountAmount

Net sales¥250,698¥244,195

Cost of sales

187,893179,075

62,805

65,12051,70456,824

11,101

8,296Interest and dividends income

266

231

Amortization of negative goodwill

429

428

Other899

387

1,594

1,046Interest expense

790

612

Loss on valuation of derivatives

748

2,165

Other

324

183

1,862

2,960

10,833

6,382

Gain on sales of noncurrent assets

442

63

Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income

Total non-operating income
Non-operating expenses

Total non-operating expenses
Ordinary income
Extraordinary income
Compensation income－150

Reversal of provision for point card certificates－

41

Gain on redemption of convertible bonds

221－

Other

133

117

Total extraordinary income

796

371

Loss on valuation of investment securities

724

1,548

Loss on closing of stores

185

843

Settlement package

342－Extraordinary losses

Other302

424

1,553

2,815

10,076

3,938

4,057

2,926

Income taxes - Deferred(259)(1,259)Total income taxes

3,798

1,667

178

203

¥6,100¥2,068

Total extraordinary losses
Income before income taxes and minority interests
Income taxes - Current

Minority interests in income
Net income

Consolidated Statements of Cash Flows(Millions of yen)

Net cash provided by operating activities:
Income before income taxes and minority interests
Depreciation and amortizationAmortization of negative goodwill
Decrease in provisionInterest and dividend income
Interest expenses
Loss on valuation of derivatives
Gain on sales of property, plant and equipment
Gain on redemption of convertible bonds
Loss on valuation of investment securities
Increase in notes and accounts receivable-trade
Increase in inventories
Increase in notes and accounts payable-trade
Other, net
Sub totalInterest and dividends income received
Interest expenses paid
Income taxes paid
Net cash provided by operating activities
Net cash used in investing activities:
Payments into time depositsProceeds from withdrawal of time deposits
Purchase of property and equipment
Proceeds from sales of property, plant and equipment
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
Additional purchase of investments in subsidiaries
Other, net
Net cash used in investing activities
Net cash provided by financing activities:
Net increase (decrease) in short-term loans payable
Proceeds from long-term loans payable
Repayment of long-term loans payable
Net increase in commercial papers
Proceeds from issuance of bonds
Redemption of bonds
Redemption of convertible bonds
Cash dividends paid
Other, net
Net cash provided by financing activities
Effect of exchange rate change on cash and cash equivalents
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning of period
Increase in cash and cash equivalents resulting from merger
between consolidated and unconsolidated subsidiaries
Cash and cash equivalents at end of period

Six months ended

Six months ended

Decmber 31, 2009

Decmber 31, 2008

AmountAmount¥10,076
4,334
(429)
(14)
(266)
790
748
(442)
(221)
724
(603)
(4,265)
16,192514
27,138194(779)(3,084)
23,469¥3,938
4,149
(428)
(228)
(231)
612
2,165
－
－
1,548
(723)
(4,735)8,130983
15,180123(601)(2,279)12,423(10,213)59(8,708)
1,365
(352)
893
(40)
6－
－
(4,927)227(1,626)
1,474(7,614)817－(1,893)－(460)(17,450)

(648)
(510)
(14,700)(6,138)19,400(5,433)
18,47919,900(4,848)(19,950)(899)
274
20,785(154)
26,65042,0408,800
225(4,413)－5,500(3,160)－(829)
(88)
6,035
93
3,851
38,086

62－¥68,752¥41,937

Segment Information
For the second quarter ended December 31, 2009
a. Operating segment information
For the second quarter ended December 31, 2009
DiscountStorebusiness(Millions of yen)

GMS

Rent

Corporate

OthersTotal¥8,040¥1,041¥250,698¥－¥250,698

business businesseliminations Consolidated

Sales
Sales to third parties
Intersegment sales
Total
Operating income (loss)¥211,439 ¥30,178
194

3

1,205

441

1,843(1,843)－

211,633

30,181

9,245

1,482

252,541(1,843)

250,698¥9,212¥(390) ¥2,269¥203¥11,294¥(193)¥11,101b. Geographic segment information
For the second quarter ended December 31, 2009, net sales in Japan accounted for more than 90% of those of all thesegments. Consequently, details of each geographic segment information are not presented.
c. Sales outside JapanFor the second quarter ended December 31, 2009, sales outside of Japan amounted less than 10% of the consolidated
net sales, and therefore the information is not presented.
For the second quarter ended December 31, 2008
a. Operating segment information
For the second quarter ended December 31, 2008
DiscountStorebusiness(Millions of yen)

GMS

Rent

CorporateOthers

Total¥7,473¥1,285¥244,195¥－¥244,195

1,133

871

2,433

(2,433)－business businesseliminations

Consolidated

Sales
Sales to third parties
Intersegment sales
Total
Operating income (loss)¥187,446 ¥47,991
251

178

187,697

48,169

8,606

2,156

246,628(2,433)244,195¥7,811 ¥(1,955)¥2,116¥291¥8,263¥33¥8,296b. Geographic segment information
For the second quarter ended December 31, 2008, net sales in Japan accounted for more than 90% of those of all thesegments. Consequently, details of each geographic segment information are not presented.
c. Sales outside JapanFor the second quarter ended December 31, 2008, sales outside of Japan amounted less than 10% of the consolidated
net sales, and therefore the information is not presented.

Notes on the going-concern assumption
Not applicable

Notes on significant changes in the amount of shareholders’ equity
Not applicable