Asgent, Inc.

Summary of Non-Consolidated Financial Results
Financial Highlights(For the 3 Months Ended June 30, 2010)

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 3 Months EndedJun. 30, 2010
Jun. 30, 2009

Millions of yen

1,123

Operating Income Ordinary income
Millions of yen

Millions of yen

Net income
Millions of yen

33.8%

15674.8%

155

73.5%

14426.8%

839 △3.2%

8934.6%8938.4%

114

13.2%

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

Basic EPS

Diluted EPS

For the 3 Months Ended

Yen

Yen

Jun. 30, 2010

3,653.46-Jun. 30, 2009

2,888.40

2,878.22

Total Assets

Shareholders’EquityShareholders’Equity ratio

BPS

As of

Millions of yen

Millions of yen%Yen

Jun. 30, 2010

2,467

1,690

68.5%

42,690.27

Mar. 31, 2010

2,4641,565

63.5%

39,545.70(2) Financial Conditions(3) Forecast for the Financial Results (For the year ending March 31, 2011)
Net sales
For period ending

Millions of yen

Operating income Ordinary income
Millions of yen

Millions of yen

Net income

EPS

Millions of yen

Yen

Sep.30, 2010

1,845

0.6%

150 △27.4%

150 △27.5%

150

△34%

3,788.36

Mar. 31, 2011

4,500

12.8%

438444444△3.9%

11,221.11

0.1%

0.0%

2. Financial statements(For the 3 Months Ended June 30, 2010)(1) Balance Sheets
Note: Figures less than one thousand yen omittedAccount Title

Jun. 30, 2010

Mar. 31, 2010

AmountAmountAssetsCurrent assets
Cash and deposits

586,467

736,598

Accounts receivable-trade765,876

1,080,395

Merchandise and finished goods

119,576

108,869

36181

Raw materials and supplies

2,266

511

Advance payments-trade445,976

12,067

Prepaid expenses

22,567

14,051

Deferred tax assets

49,872

71,30742

42

20,273

13,070(61)(86)

2,012,895

2,037,007

Buildings, net

14,885

15,260Tools, furniture and fixtures, net

180,351

181,213819

819

Total property, plant and equipment

196,057

197,294

Intangible assets

32,92535,929Investments and other assets

225,878

194,687454,861

427,9112,467,756

2,464,918

Work in process

Income taxes receivable
Other
Allowance for doubtful accounts
Total current assets
Noncurrent assets
Property, plant and equipment

Land

Total noncurrent assets
Total assets

Account Title

Note: Figures less than one thousand yen omitted
Jun. 30, 2010
Mar. 31, 2010
AmountAmountLiabilities
Current liabilities
Accounts payable-trade138,167

145,365

Short-term loans payable

100,000

150,000

Current portion of bonds

83,000113,000

Current portion of long-term loans payable

34,00034,000Accounts payable-other

53,371

145,480

Accrued expenses

54,454

48,225

Income taxes payable

70,311

54,161

Accrued consumption taxes－

10,939Advances received

74－

Deposits received

6,409

5,482

Unearned revenue

5,111

4,203

Provision for bonuses

75,27351,447

Other

37,3091,546

657,503763,852

Bonds payable

34,00034,000Long-term loans payable

32,00049,000

Provision for retirement benefits

53,932

52,253

119,932

135,253

777,435

899,106

Capital stock

771,110771,110

Capital surplus

705,200

705,200

Retained earnings

216,678

91,816

1,692,988

1,568,126

Valuation difference on available-for-sale securities(2,667)(2,315)

Total valuation and translation adjustments(2,667)(2,315)

1,690,321

1,565,811

2,467,756

2,464,918

Total current liabilities
Noncurrent liabilities

Total noncurrent liabilities
Total liabilities
Net assets
Shareholders' equity

Total shareholders' equity
Valuation and translation adjustments

Total net assets
Total liabilities and net assets

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

Jun. 30, 2009

Jun. 30, 2010

AmountAmountⅠ Net Sales

839,380

1,123,231

Ⅱ Cost of Sales

458,365

652,521

Gross Profit

381,014

470,709

Ⅲ Selling, General and Administrative Expenses

291,595

314,388

Operating Income

89,419156,321

Ⅳ Non-operating Income

1,921

764

Ⅴ Non-operating Expenses

1,575

1,351

Ordinary Income

89,766

155,734

Ⅵ Extraordinary Income

8,503

24

Ⅶ Extraordinary Losses

591

8

Income Before Taxes

97,677

155,750

Tax Expenses(16,370)

11,091

Income After Taxes

114,048

144,658(3) Statements of Cash Flows
Note: Figures less than one thousand yen omitted.
3 Months Ended June 30, 3 Months Ended June 30,
2009
2010
AmountAmount

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
Increase (decrease) in provision for retirement benefits

Interest expenses
Foreign exchange losses (gains)

97,677
25,790(1,000)20,761(1,631)
974
0Loss on retirement of property, plant and equipment and intangible assets－Loss (gain) on sales of property, plant and equipment(7,452)

Decrease (increase) in notes and accounts receivable-trade

231,629

Decrease (increase) in inventories
Increase (decrease) in notes and accounts payable-trade

Decrease (increase) in advance payments
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(5,782)(112,389)－(71,754)
176,822

155,750
22,204(24)
23,826
1,678
996
4,045
8－
314,519(10,412)(8,899)(433,908)(66,037)
3,747

170,109(1,378)(2,290)79(8,474)(26,789)

Proceeds from sales of property, plant and equipmen

14,335－Purchase of intangible assets(14,669)(2,252)

Payments for guarantee deposits(21,100)(325)

Purchase of memberships(14,700)

－

2,175

－

(42,432)(29,366)(300,000)(50,000)－(330,000)(17,000)(30,000)(19,797)(116,797)

0(4,045)(202,323)(150,130)784,196736,598
586,467

Other, net
Net Cash Used in Investing Activities(798)(5,915)

Ⅲ Cash Flows from Financing Activities
Net increase (decrease) in short-term loans payable
Repayment of long-term loans payable
Redemption of bonds

Cash dividends paid
Net Cash Used in Financing Activities
Ⅳ Effect of Exchange Rate on Cash and Cash Equivalents
Ⅴ Net Decrease in Cash and Cash Equivalents
Ⅵ Cash and Cash Equivalents at the Beginning of the Fiscal Year
Ⅶ Cash and Cash Equivalents at the End of Period(30,000)－581,873