Asgent, Inc.

Summary of Non-Consolidated Financial Results
Financial Highlights(For the 6 months Ended Sep. 30, 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:

Shoji Tsuchiya
Managing 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 6 months ended

Millions of yen

Operating income

Ordinary income

Millions of yen

Millions of yenNet income
Millions of yen

Sep. 30, 2009

1,833

4.3%

20685.5%20678.2%

22762.0%

Sep. 30, 2008

1,757-%

111-%

116-%

140-%

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

Basic EPS

Diluted EPS

Yen

Yen

For the 6 months ended
Sep. 30, 2009

5,759.03

5,737.92

Sep. 30, 2008

3,554.34

3,540.16(2) Financial Conditions
Total Assets
As ofMillions of yen

Shareholders’Shareholders’EquityEquity ratio

Millions of yen%BPS
Yen

Sep. 30, 2009

2,082

1,375

66.0%

34,825.72

Mar. 31, 2009

2,193

1,14852.4%

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

Millions of yen

3,800

8.9%

Operating

Ordinary

incomeincomeMillions of yen

Millions of yen

270

11.3%

270

4.8%

Net income

EPS

Millions of yen

Yen

270

6,838.04△10.8%

2. Financial statements（for the 6 months Ended Sep. 30,2009）(1) Balance Sheets
Note: Figures less than one thousand yen omitted

Account Title

Sep. 30, 2009

Mar. 31, 2009

AmountAmountAssetsCurrent Assets
1.Cash and Deposits

642,225784,196

2.Accounts Receivable-trade781,817

840,401

3.Merchandise and Finished Goods

112,654

31,965

4.Work in Process

488-

5.Raw Materials and Supplies

616

700

6.Advance Payments-trade146

33,887

7.Prepaid Expenses

17,40813,371

8.Deferred Tax Assets

29,62784,35018

183

24,155

5,997

(64)

(1,050)1,609,093

1,794,004

1. Building, net

14,207

19,699

2.Tools, Furniture and Fixtures, net

160,743

171,346

819

819

175,771

191,865

Intangible Fixed Assets

60,59374,797

Investments and Other Assets

236,816

133,092

473,181399,756

2,082,274

2,193,760

9.Income Taxes Receivable
10.Other Current Assets
Allowance for Bad Debts
Total Current Assets
Fixed Assets
Property, Plant and Equipment

3.LandTotal Property, Plant and Equipment

Total Fixed Assets
Total Assets

Note: Figures less than one thousand yen omitted

Account Title

Sep. 30, 2009

Mar. 31, 2009

AmountAmountLiabilities
Current Liabilities
1.Accounts Payable-trade

71,868

192,974

2.Short-term Loans Payable

50,000350,000

3.Short-term Bonds Payable

93,00093,0004.Current Portion of Long-term Loans Payable

34,000-5.Accounts Payable-other111,660

83,233

6.Accrued Expenses

44,65031,996

7.Income Taxes Payable

4,828

5,915

-29,273

9.Advances Received

154

90

10.Deposit Received

5,282

3,840

11. Unearned Revenue

9,257

9,813

12. Provision for Bonuses

46,14445,904

13. Other

17,17066

488,018

846,108

1.Bonds

100,500

147,000

2.Long-term Loans Payable

66,000-3.Provision for Retirement Benefits

52,662

51,955

Total Fixed Liabilities

219,162

198,955

Total Liabilities

707,1811,045,063

1.Capital Stock769,500

769,500

2.Capital Surplus

705,200705,200

3.Earned Surplus(96,285)(323,681)

1,378,414

1,151,018(3,320)(2,321)(3,320)(2,321)

Total Net Assets

1,375,093

1,148,697

Total Liabilities and Net Assets

2,082,274

2,193,760

8.Accrued Consumption Taxes

Total Current Liabilities
Fixed Liabilities

Net Assets
Stockholders’ Equity

Total Stockholders’ Equity
Appraisal Conversion Differences1.Appraisal Differences on Investment Securities
Total Appraisal Conversion Differences

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

Account Title

6 months Ended Sep. 30, 2009

AmountⅠ Net Sales

1,833,196

Ⅱ Cost of Sales

1,047,911

Gross Profit

785,285

Ⅲ Selling, General and Administrative Expenses

578,802

Operating Income

206,483

Ⅳ Non-operating Income

3,755

Ⅴ Non-operating Expenses

3,412

Ordinary Income

206,826

Ⅵ Extraordinary Income

8,438

Ⅶ Extraordinary Losses

3,133

Income Before Taxes

212,132

Tax Expenses(15,263)

Income After Taxes

227,395

(3) Statements of Cash Flows
Note: Figures less than one thousand yen omitted.

6 months Ended Sep. 30, 2009
Ⅰ Cash Flow from Operating Activities
Income Before Taxes

212,132

Depreciation and Amortization
Loss on Retirement of Property,

51,629Plant and Equipment and Intangible Assets

2,541

Increase (Decrease) in Allowance for Doubtful Accounts
Increase (Decrease) in Provision for Bonuses
Increase (Decrease) in Provision for Retirement Benefits
Interest Income
Interest Paid
Foreign Exchange Losses (Gains)
Loss (Gain) on Sales 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-total(986)239
707(93)2,2040(7,452)
58,584(81,092)(121,106)
54,428
171,736

Interest and Dividends Income Received
Interest Expenses Paid
Income Taxes Paid

93
(2,585)(4,976)Net Cash Provided by Operating Activities
Ⅱ Cash Flows from Investing Activities

164,267

Purchase of property, plant and equipment(24,598)

Proceeds from sales of property, plant and equipment

15,166

Purchase of intangible assets(16,673)

Payments for guarantee deposits(21,100)

Purchase of memberships(14,700)

Other, net
Net Cash Used in Investing Activities

2,165(59,739)

Ⅲ Cash Flows from Financing ActivitiesNet increase (decrease) in short-term loans payable(300,000)

Proceeds from Long-term Loans Payable

100,000

Payments for Bond Redemption(46,500)

Net Cash Used in Financing Activities(246,500)

Ⅳ Effect of Exchange Rate on Cash and Cash Equivalents

0

Ⅴ Net Decrease in Cash and Cash Equivalents(141,971)

Ⅵ Cash and Cash Equivalents at the Beginning of the Fiscal Year784,196

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

642,225