Asgent, Inc.

Summary of Non-Consolidated Financial Results
Financial Highlights(For the 6Months Ended September 30, 2016)

Listed Company Name: Asgent, Inc.
Listing Exchange: JASDAQ
Security Code No:4288
URL: http://www.asgent.co.jp/
Representative: Takahiro Sugimoto
President & CEO
Enquiries:

Takenori KatsuragiManaging Director ＆CFO
TEL:

+81-3-6853-7401

1. Business Results(1) Operating Results
Note: Figures less than one million yen omitted, except for EPS

For the 3Months EndedNet sales

Operating Income

Ordinary income

Net income

Millions of yen

Millions of yen

Millions of yen

Millions of yen

Sep. 30, 2016

1,962

38.7%

14－

18－

11－

Sep. 30, 2015

1,414

10.7%

△205－

△205－

△206－

Note: the% value represents the changes from the same quarter of the previous year

Basic EPS

Diluted EPS

For the 3Months Ended

Yen

Yen

Sep. 30, 2016

3.13－

Sep. 30, 2015

△54.00－(2) Financial Conditions

Total Assets

Shareholders’ Equity

Shareholders’ Equity
ratio

As of

Millions of yen

Millions of yen%Sep. 30, 2016

2,168

1,436

66.2%

Mar. 31, 2016

2,206

1,427

64.6%

2. Financial statements(For the 6Months Ended September 30, 2016)(1) Balance Sheets
Note: Figures less than one thousand yen omitted
Account Title

Mar. 31, 2016

Sep. 30, 2016

AmountAmountAssetsCurrent assets
Cash and deposits

758,572

853,178

Accounts receivable-trade930,985

833,360

Merchandise and finished goods

36,742

25,885Work in process

11,542

7,945

752

1,894

Advance payments-trade

1,603

1,737

Prepaid expenses

52,12033,634

Consumption taxes receivable

2,076-Other943

3,484

Allowance for doubtful accounts

(27)

(16)

1,795,310

1,761,104

Buildings, net

45,08742,812

Tools, furniture and fixtures, net

157,066

169,328

1,854

1,854

Total property, plant and equipment

204,008

213,995

Intangible assets

89,31978,108Investments and other assets

117,390

114,872

410,718

406,976

2,206,029

2,168,080

Accounts payable-trade326,645

227,457

Short-term loans payable

200,000

200,000

Accounts payable-other54,52459,455

Accrued expenses

31,04633,981

Income taxes payable

5,985

11,964

Advances received

1,574

2,758

Deposits received

5,494

6,204

Unearned revenue

20,66916,772

Provision for bonuses

43,67250,369642

33,141

690,255

642,105

Supplies

Total current assets
Noncurrent assets
Property, plant and equipment

Land

Total noncurrent assets
Total assets
Liabilities
Current liabilities

Other
Total current liabilities

Note: Figures less than one thousand yen omitted
Account Title

Mar. 31, 2016

Sep. 30, 2016

AmountAmountNoncurrent liabilities
Provision for retirement benefits

87,81489,05887,81489,058778,070

731,163

Capital stock

771,110771,110

Capital surplus

705,200

705,200

Retained earnings

16,69428,646

Treasury stock(65,577)(65,577)

1,427,427

1,439,379

Valuation and translation adjustments
Valuation difference on available-for-salesecurities
Total valuation and translation adjustments(1,792)(4,702)(1,792)(4,702)

Subscription rights to shares

2,324

2,240

1,427,959

1,436,917

2,206,029

2,168,080

Total noncurrent liabilities
Total liabilities
Net assets
Shareholders' equity

Total shareholders' equity

Total net assets
Total liabilities and net assets

(2) Statements of Income
Note: Figures less than one thousand yen omittedAccount Title

Ⅰ Net Sales

Sep. 30, 2015

Sep. 30, 2016

AmountAmount

1,414,688

1,962,507

Ⅱ Cost of Sales

956,844

1,281,409

Gross Profit

457,843

666,428

663,525

666,428(205,682)

14,669Ⅳ Non-operating Income

1,032

6,001

Ⅴ Non-operating Expenses

489

2,387

(205,139)

18,283

Ⅵ Extraordinary Income

259

84

Ⅶ Extraordinary Losses

0-

Income Before Taxes

204,879

18,368Tax Expenses

1,168

6,416

Income After Taxes(206,048)

11,952

Ⅲ Selling, General and Administrative Expenses
Operating Income

Ordinary Income

(3) Statements of Cash FlowsNote: Figures less than one thousand yen omitted.
6Mounths Ended
6MonthsEnded
Sep 30, 2015
Sep 30, 2016
AmountAmountⅠ Cash Flow from Operating Activities
Income (loss) before income taxes
Depreciation
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in provision for bonuses(204,879)
43,713(11)429(2,290)
(98)
391
734
0－
(259)
371,318
7,028(41,108)
－
5,978
4,086
(53,383)
131,64998(338)(2,264)
129,145

18,36849,426
(11)
6,696
1,243
(11)
694
(22)
－
1,584
(84)
97,624
13,312(99,188)
2,076
(134)
149
51,867
143,592
11(645)(2,258)140,700(32,432)(39,246)(28,696)(43,100)－(2,794)(100,375)(45,895)(18,922)(222)

Net cash provided by (used in) financing activities(18,922)(222)

Ⅳ Effect of Exchange Rate on Cash and Cash Equivalents(1,154)22

Ⅴ Net Decrease in Cash and Cash Equivalents

8,692

94,606

Ⅵ Cash and Cash Equivalents at Beginning of Period

959,711758,572

Ⅶ Cash and Cash Equivalents at the End of Period

968,404

853,178

Increase (decrease) in provision for retirement benefits

Interest income
Interest expenses
Foreign exchange losses (gains)

Loss on retirement of property, plant and equipment and intangible assets

Loss (gain) on investments in partnership
Gain on reversal of subscription rights to shares
Decrease (increase) in notes and accounts receivable-trade

Decrease (increase) in inventories
Increase (decrease) in notes and accounts payable-trade
Decrease (increase) in consumption taxes refund receivable

Decrease (increase) in advance payments
Increase (decrease) in accounts payable-other
Other, net
SubtotalInterest and dividends income received
Interest expenses paid
Income taxes paid
Net Cash Provided by Operating Activities
Ⅱ Cash Flows from Investing Activities
Purchase of property, plant and equipment
Purchase of intangible assets
Purchase of memberships
Net Cash Used in Investing Activities
Ⅲ Cash Flows from Financing Activities
Cash dividends paid