Financial Statement
74thTERM

From 1st April 2013～31st March 2014

Showa Kako Corporation

Balance Sheet
31st March 2014
Showa Kako Corporation(Unit : Yen)
AssetsDescription
Current assets
Cash and deposits
Receivable

Liabilities
AmountDescription

Amount33406,53,321

Current liabilities

18624,76,353

8227,12,387

Bills Payable

1337,97,706

Accounts Payable

9792,87,574
633,76,441

64,41,843

Accounts Receivable

13260,66,671

Arrears

Marketable securities

1682,24,279

Corporation Tax

4,75,000

Products & Goods

3760,64,256

Deposits

58,05,770

Raw materials

1499,56,546

Short Term Loan

Work in process

4000,58,384Overdraft

16,74,357

Other current assets

1011,28,955

One year long term loan

390,01,000

Allowance for Loan Losses△ 100,00,000

suspense receipt

Fixed Assets

17210,38,069

Tangible fixed assets

14445,31,465

Building

462,67,887

Building equipment

527,70,637

Structures

12532,31,140

Tools, furniture and fixtures

286,75,039

LandConstruction in progress
Intangible fixed assets
Structured telephone facility use

20,07558,50525756,13,422

Fixed Liabilities
Long Term Loan

24588,73,000

Bonds

1167,40,422

432,63,118

Machinery
Vehicles and transportationequipment6390,00,000

Liabilities Total

44380,89,775

Net Assets
Shareholders' equity
1000,00,000

Capital3,03,569

Capital surplus

12,05,993

200,00,000

Capital reserve

4,05,993

Other capital surplus

8,00,000

9,04,404
06386,96,592
252,00,000

2756,02,200

Other retained earnings

6134,96,592

Long-term loans

430,35,668

Other reserve

5000,00,000

Investment securities

14,00,000

Profit carried forward

1134,96,592

Other investments

2311,66,532

Own shares△ 52,37,500

Deferred assets

1110,63,470

Net Assets

7346,65,085

51727,54,860

Total Liabilities and Net assets51727,54,860

Investment

Total Assets

9,04,404

Retained earnings
Earned reserve

Telephone rights

Profit and Loss Statement
From 1st April 2013～31st March 2014
Showa Kako Corporation(Unit : Yen)
Description

Sales
Cost of goods soldOpening Inventory
Current term cost of production and total purchaseTotal
Closing Inventory
Gross Profit on Sales

Amount81438,34,139
4342,15,382
71680,59,730
76022,75,112
3760,64,256

Sales and general administrative expenses

Non

Operating Profit
OpeartingInterest income

Miscellaneous income
Non Opearting Expenses
Interest expense
Miscellaneous loss
Non Operating ProfitSpecialProfitReversal of allowance for doubtful gain
Gain on sale ofGain on sale of
Other extraordinary incomeSpecial
Loss
Overtime back wages
Loss on sales of securities
Loss on valuation of securities
Loss on disposal of fixed assets
Liquidation of affiliates loss
Inventories loss loss
Groundwater quality research cost
Damages
Retirement allowance
Other extraordinary loss
Income before taxes
Corporation tax, resident tax andbusiness tax
Current Net Profit

19,15,400
23,73,508
618,48,823
661,40,579
131,31,923

50,00,376
2,39,150
191,42,187
75,01,039
14,67,199
22,27,453
627,47,730
17,45,138
254,00,545
441,09,273
161,63,000
123,06,640
65,48,796
41,09,092

72262,10,856
9176,23,283
6643,22,807
2533,00,476

661,37,731

792,72,502
2401,65,705

318,82,752

1768,24,866
952,23,591
21,57,958
930,65,633

Statement of share holder'equity
From 1st April 2013～31st March 2014

Showa Kako Corporation
Owner's capital
Capital surplusCapital surplus
CapitalFirst half balance

Other
Capital surplus
capitalsum total
surpluses

Capitalreserve

1000,00,000

Accumulated surplus

4,05,993

8,00,000

EarnedsurplusreserveOther accumulated surpluses
Generalreserve

12,05,993 252,00,000

Earned surplus
C/F(next term)

5000,00,000

Current term
fluctuating amountCurrent term net profit
Current term total
fluctuating amountCurrent term end
balance00

01000,00,000

4,05,993

8,00,000

Accumulated
surplus total

Company's own
stock1607,01,585

6859,01,585△ 29,87,500△ 1402,70,626△ 1402,70,626△ 22,50,000

930,65,633

930,65,633

Owner's capital
total

7841,20,078

Net-assets
total

7841,20,078△ 1425,20,626 △ 1425,20,626
930,65,633

930,65,633

00△ 472,04,993△ 472,04,993△ 22,50,000△ 494,54,993△ 494,54,993

12,05,993 252,00,000

5000,00,000

1134,96,592

6386,96,592△ 52,37,500

7346,65,085

7346,65,0850(Note) Regarding the changes in the retained earnings due to merger of Sanwa oil Engineering Co., Ltd. there is change in amount of △140,270,626.

Individual Notes

Showa Kako Corporation

１．This financial statements, is created by the guidance of small business accounting

2．Important accounting policies
(1)

(2)

The evaluation criteria and evaluation method of negotiable securities① Things with market value

Cost of acquisition② Things without market value

Cost of acquisition

The evaluation criteria and the evaluation method of an inventory
Cost method according to periodic average method(3)

The method of depreciation of deferred assets
About the development costs aiming at factory concentration, it will refund according
to fixed amount method in five years from the term ended 2011 March(4)

The method of depreciation of fixed assets
Tangible fixed assets

Intangible fixed assets(5)Constant percentage method by regulation of Corporation
Tax Law (For the building acquired on and after H10/04/01is
Period of depreciation
Building： 8 to 25 years
Building attached structure： 3 to 20 years
Structure ： 8 to 20 years
Mechanical apparatus ：3 to 22 years
Furniture and fixtures：2 to 20 years
Automotive equipment： 4 to 7 years

Fixed amount method by regulation of Corporation Tax Law

Accounting treatment of derivatives
Accounting treatment by a market method to be carried out(6)The disposal method of a lease transaction
About the finance lease transactions of those other than what the ownership ofleased property transfers to a borrower, is based on accounting treatment according
to the method related to the usual lease transactions.

(7)

Accounting treatment of a consumption tax etc.

Accounting treatment of a consumption tax etc. is based on the tax excludedmethod.
３．貸借対照表に関する注記
3. Notes to the Balance Sheet
Accumulated depreciation: 3,495,027,448 yen
４．
Notes for Statement of Changes in Net Assets(1)

About Issued Shares
End Of First Half・・・２，０１６，０００Shares
Current Period End・・・２，０１６，０００Shares(2)The number of Own shares at the end of the fiscal year
41,900 shares