Asgent, Inc.

Summary of Non-Consolidated Financial Results
Financial Highlights(For the year Ended March 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:

Kiyotaka Hirai
Executive 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 year Ended

Millions of yen

Operating income

Ordinary income

Millions of yen

Millions of yen

Net incomeMillions of yen

Mar.31, 2009

3,487(△4.8%)

242(67.2)%257(83.0)%

302-%

Mar.31, 2008

3,663%

145-%

140-%

△161-%

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

Basic EPS

Diluted EPS

Yen

Yen

For the year Ended
Mar.31, 2009

7,669.18

7,664.46

Mar.31, 2008

△4,097.63-(2) Financial Conditions
Total Assets
As ofShareholders’Shareholders’EquityEquity ratio

Millions of yen%

Millions of yen

BPSYenMar.31, 2009

2,193

1,148

52.4%

29,091.99

Mar.31, 2008

2,097841

40.1%

21,313.64

Net income

EPS

Millions of yen

Yen(3) Forecast for the Financial Results (For the year Ending March 31st ,2010)
Net sales
For period Ending

Millions of yen

OperatingOrdinary

incomeincomeMillions of yen

Millions of yen

Jun.30, 2009

1,634

△7.0%

120

7.8%

120

3.4%

138

△1.7

3,498.00

Mar.31, 2010

3,800

8.9％

270

11.3%

270

4.8%

270

△10.8

6,838.04

2. Financial statements（for the year Ended March 31,2009）(1) Balance Sheets
Note: Figures less than one thousand yen omitted

Account Title

Mar. 31, 2009

Mar. 31, 2008

AmountAmountAssetsCurrent Assets
1.Cash and Deposits

784,196536,620

2.Account Receivable-trade840,401

938,239

3.Inventories

31,96549,676

-

1,501

700

971

6.Advance payments-trade33,887

15,467

7.Prepaid expense

13,371-

8.Deferred income tax asset

84,35038,896

9.Corporate Tax receivable

183

255

5,997

12,154(1,050)(1,502)

1,794,004

1,592,279

30,86430,864

Accumulated depreciation(11,165)(9,722)

Buildings Net)

19,69921,142

2.Tools, Furniture and Fixtures

366,287

338,936

Accumulated depreciation(194,940)(142,339)

Tools, Furniture and Fixtures (Net)

171,346

196,596

3.Land819

819

Sub-total

191,865

218,559

Intangible Fixed Assets

74,797

92,680Investment and Other Assets

133,092

193,816

399,756

505,055

2,193,760

2,097,335

4.Goods in progress
5.Stored Goods

10.therAllowance for Bad Debt
Total Current Assets
Fixed Assets
Tangible Fixed Assets
1. Buildings

Total Fixed Assets
Total Assets

Note: Figures less than one thousand yen omitted

Account Title

Mar. 31, 2009

Mar. 31, 2008

AmountAmountLiabilities
Current Liabilities
1.Accounts payable-trade

192,974

403,2152.Short-term Loan Payable

350,000

412,500

3.Short-term bond Payable

93,00060,0004.Accounts Payable

83,23338,864

5.Accrued amount Payable

31,99634,895

6.Accrued Corporate Taxes

5,915

5,337

7.Accrued Consumption Taxes

29,27355,0238.Advance received

90630

9.Deposit received

3,840

3,886

10.Advence received profit

9,813

3,509

11.Reserve for Bonus

45,90445,377-8,651

66

613

846,108

1,072,503

1.Bond147,000

140,000

2.Reserve for retirement allowance

51,95543,262

198,955

183,262

1,045,063

1,255,766

1.Capital stock

769,500

769,500

2.Capital surplus

705,200

705,200

3.Earned surplus(323,681)(626,498)

Total Stockholders’ equity

1,151,018

848,201(2,321)(6,632)(2,321)(6,632)

Total Net Assets

1,148,697

841,568

Total Liabilities and Net Assets

2,193,760

2,097,335

12.Reserve For Loss on Disposal of Discontinued Division
13.Others
Total Current Liabilities
Fixed Liabilities

Total Fixed Liabilities
Total Liabilities
Net Assets
Stockholders’ equity

Appraisal Conversion Differences1.Apprisal Differences on Investment Securities
Total Appraisal Conversion Differences

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

Account Title

year Ended March 31, 2009

AmountⅠ Net Sales

3,487,878

Ⅱ Cost of Sales

2,140,342

Gross Profit

1,347,535

Ⅲ Selling, General and Administrative expense

1,104,857

Operation Profit

242,678

Ⅳ Non-operating Profit

25,438Ⅴ Non-operating Expense

10,436

Ordinary Income

257,681

Profit Before Taxes

229,120Tax Expenses(73,696)

Profit After Taxes

302,817

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

year Ended March 31, 2009
Ⅰ Cash Flow from Operating Activities
Income Before Income Taxes

229,120

Depreciation and Amortization
Non-recurring Depreciation on noncurrent assets
Loss on Retirement of noncurrent assets
Increase(Decrease) in Allowance for Doubtful accounts
Increase(Decrease) in Provision for Bonuses
Increase(Decrease) in Provision for Retirement benefits
Increase(Decrease) in Provision for Loss on Liquidation of Subsidiaries

103,554159
555(234)
(263)
8,688
(8,651)and Affiliates
Interest and Dividends income
Interest Expenses
Foreign Exchange Losses(Gains)
Loss(Gain) on Sales of noncurrent assets
Loss(Gain) on Sales of Investment securities
Decrease (Increase) in Notes and Accounts Receivable-trade
Decrease(Increase) in Inventories
Increase (Decrease) in Notes and Accounts Payable-trade
Increase (Decrease) in Accrued Consumption Taxes
Decrease(Increase) in Advance Payments
Increase (Decrease) in Accounts Payable-other
Other, net
Sub-total(1,437)5,041(130)(3,983)39,676
97,62019,482(210,240)(25,750)(31,615)
40,114
10,684
272,391

Interest and Dividends Income Received
Interest Expenses Paid
Income Taxes Paid

1,437
(3,953)(5,265)Net Cash Provided by(Used in) Operating Activities
Ⅱ Cash Flows from Investing Activities

264,610Purchase of Property, Plant and Equipment(44,990)

Proceeds from Sales of Property, Plant and Equipment

10,732

Purchase of Intangible assets(13,706)

Proceeds from Sales of Investment Securities

53,300Net Cash Provided by (Used in) Investing Activities

5,336

Ⅲ Cash Flows from Financing Activities
Net Increase (Decrease) in Short-term Loans Payable(62,500)

Proceeds from Issuance of Bonds

100,000

Redemption of Bonds(60,000)

Net Cash Provided by (Used in) Financing Activities
Ⅳ Effect of Exchange Rate Change on Cash and Cash Equivalents(22,500)
130

Ⅴ Net Increase(Decrease) in Cash and Cash Equivalents

247,576

Ⅵ Cash and Cash Equivalents at the Beginning of Period

536,620

Ⅶ Cash and Cash Equivalents at End of Period

784,196