Asgent, Inc.

Summary of Non-Consolidated Financial Results
Financial Highlights(For the 3 months Ended Dec. 31, 2009)

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 DirectorTEL:+81-3-5643-2581

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

Net sales
For the 9 months ended

Operating Income Ordinary income

Millions of yen

Net income

Millions of yenDec. 31, 2009

2,636

7.00%

Dec. 31, 2008

2,462-%

260 125.2%

261 97.50%

308

91.30%

115132161-%-%-%

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

Basic EPS

Diluted EPS

For the 9 months ended

Yen

Yen

Dec. 31, 2009

7,806.30

7,776.76

Dec. 31, 2008

4,081.68

4,066.82

Total Assets

Shareholders’EquityShareholders’Equity ratio

BPS

As ofMillions of yen

Millions of yen%

Yen

Dec. 31, 2009

2,056

1,453

70.70%

36,731.60

Mar. 31, 2009

2,193

1,148

52.40%

29,091.99(2) Financial Conditions(3) Forecast for the Financial Results (For the year ending March 31, 2010)
Net sales
For period ending

Mar. 31, 2010

Millions of yen

4000 14.70%

Operating income Ordinary income
Millions of yen

421 73.50%

Millions of yen

416 61.40%

Net income

EPS

Millions of yen

Yen

457

11,566.98

50.9

2. Financial statements（for the 9 months Ended Dec. 31,2009）(1) Balance Sheets
Note: Figures less than one thousand yen omitted
Account Title

Dec. 31, 2009

Mar. 31, 2009

AmountAmountAssetsCurrent Assets
1.Cash and Deposits

406,034

784,196

2.Accounts Receivable-trade865,409840,401

3.Merchandise and Finished Goods

70,351

31,965

4.Work in Process

814-

5.Raw Materials and Supplies

5247006.Advance Payments-trade154,531

33,887

7.Prepaid Expenses

15,20813,371

8.Deferred Tax Assets

74,79984,35018183

10.Other Current Assets

19,631

5,997

Allowance for Bad Debts(69)(1,050)1,607,254

1,794,004

1. Building, net

13,908

19,699

2.Tools, Furniture and Fixtures, net

163,888

171,346

819

819

Total Property, Plant and Equipment

178,617

191,865

Intangible Fixed Assets

55,27974,797

Investments and Other Assets

215,298

133,092

Total Fixed Assets

449,195

399,756

2,056,449

2,193,760

9.Income Taxes Receivable

Total Current Assets
Fixed Assets
Property, Plant and Equipment

3.LandTotal Assets

Account Title

Note: Figures less than one thousand yen omitted
Dec. 31, 2009
Mar. 31, 2009
AmountAmountLiabilities
Current Liabilities
1.Accounts Payable-trade73,874

192,974

2.Short-term Loans Payable

50,000350,000

3.Short-term Bonds Payable

113,000

93,0004.Current Portion of Long-term Loans Payable

34,000-5.Accounts Payable-other

60,80983,233

6.Accrued Expenses

44,73531,996

7.Income Taxes Payable

7,032

5,915

8.Accrued Consumption Taxes

18,85829,2739.Advances Received

125

90

10.Deposit Received

14,4703,840

11. Unearned Revenue

7,198

9,813

12. Provision for Bonuses

22,61845,904

13. Other

1,469

66

448,193

846,108

1.Bonds

50,500147,000

2.Long-term Loans Payable

49,000-3.Provision for Retirement Benefits

55,28751,955

Total Fixed Liabilities

154,787

198,955

Total Liabilities

602,980

1,045,063

1.Capital Stock

770,000

769,500

2.Capital Surplus

705,550

705,200

3.Earned Surplus(15,418)(323,681)

1,460,131

1,151,018

Total Current Liabilities
Fixed Liabilities

Net Assets
Stockholders’ Equity

Total Stockholders’ Equity
Appraisal Conversion Differences0

1.Appraisal Differences on Investment Securities(6,662)(2,321)

Total Appraisal Conversion Differences(6,662)(2,321)

Total Net Assets

1,453,469

1,148,697

Total Liabilities and Net Assets

2,056,449

2,193,760

(2) Statements of Income

Account Title

Note: Figures less than one thousand yen omitted
9 months Ended
9 months Ended
Dec. 31, 2008
Dec. 31, 2009

AmountAmount

Ⅰ Net Sales

2,462,991

2,636,287

Ⅱ Cost of Sales

1,551,023

1,515,890

Gross Profit

911,968

1,120,396

Ⅲ Selling, General and Administrative Expenses

796,216

859,715

Operating Income

115,751

260,680

Ⅳ Non-operating Income

23,3005,694

Ⅴ Non-operating Expenses

6,794

5,112

132,257

261,262

Ⅵ Extraordinary Income

7,016

8,433

Ⅶ Extraordinary Losses

16,653

3,133

Income Before Taxes

122,620

266,562

Tax Expenses(38,544)(41,701)

Income After Taxes

161,165

308,263

Ordinary Income

(3) Statements of Cash Flows
Note: Figures less than one thousand yen omitted.
9 months Ended
9 months Ended
Dec. 31, 2008

Ⅰ Cash Flow from Operating Activities
Income before income taxes
Depreciation and amortization
Increase (decrease) in allowance for doubtful
accounts
Increase (decrease) in provision for bonuses

Dec. 31, 2009

122,62076,013

266,56275,809

(511)

(980)

(22,350)
5,443
16,653(23,285)
3,331－(7,838)

－

(734)
(397)
4,069
581
－
422
319,514(1,656)(212,271)(9,637)289,920
1,131(3,201)(4,772)
283,078

－
(93)
3,421
0
(7,452)2,541(25,007)(39,024)(119,100)(145,749)(9,026)93(4,081)(3,528)(16,543)(39,585)(8,226)2,507－－－(45,305)(31,551)(18,946)
12,796(14,700)(21,100)
4,531(68,968)(171,500)(300,000)

Proceeds from Long-term Loans Payable－

100,000

Repayment of Long-term Loans Payable－(17,000)(60,000)(76,500)－

850(231,500)(292,650)

Ⅳ Effect of Exchange Rate on Cash and Cash Equivalents(581)

0Ⅴ Net Decrease in Cash and Cash Equivalents

5,692(378,162)

Ⅵ Cash and Cash Equivalents at the Beginning of the Fiscal Year536,620

784,196

Ⅶ Cash and Cash Equivalents at the End of Sep. 30, (2008)2009

542,312

406,034

Increase (decrease) in provision for retirement benefits

Loss (gain) on valuation of investment securities
Increase (decrease) in provision for loss
on liquidation of subsidiaries and affiliates
Dividends income
Interest income
Interest expenses
Foreign exchange losses (gains)
Loss (gain) on sales of property, plant and equipment
Loss on retirement of property, plant and equipment
Decrease (increase) in notes and accounts receivable-trade

Decrease (increase) in inventories
Increase (decrease) 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
Ⅱ Cash Flows from Investing Activities
Purchase of property, plant and equipment
Proceeds from sales of property, plant and equipment
Purchase of intangible assets
Payments for guarantee deposits
Purchase of memberships
Other, net
Net Cash Used in Investing Activities
Ⅲ Cash Flows from Financing Activities
Net increase (decrease) in short-term loans payable

Redemption of Bonds
Proceeds from issuance of common stock
Net Cash Used in Financing Activities