Digest
August 16, 2002

Brief Interim non-consolidated Financial Reports Year ending March 31, 2003

(April 1, 2002 – June 30, 2002)
Listed company name: Asgent, Inc.
Code #: 4288
Head office: 19-7 Nihonbashi Koami-cho, Chuo-ku, Tokyo Japan
President & CEO: Takahiro (Shuji) SugimotoContact: Shinji Suzuki, Director of Corporate Development & PlanningPhone #: +81-3-5643-2581
Adoption of US GAAP: NO
1. Results for the year ending March 31, 2003 (April 1, 2001- June 30, 2002)(1) Non-Consolidated Business Results(Millions of yen)
FY2001
FY2002
Change(1Q Year)(1Q Year)
Net Sales
813733(9.8) %Operating Income7935(55.8) %Income Before Income Taxes
9440(56.6) %Net Income5424(55.5) %Per Share Data:
Average Number of Shares Outstanding―
6,840
39,200During the Term
Net Income per share (Yen)―¥1,596.58¥619.29
Note 1. Investment profit and loss arising from equity method: None
2. Changes to accounting policies: None
3. Company’s fiscal year is April 1-March 31 (FY2000=Apr 1, 2000 - Mar 31, 2001, FY2001=Apr 1,2001 - Mar 31, 2002)
4. 1:5 share-split made on May 20, 2002
Adjustment of this effect is made retroactively for Net Income per share calculation in FY2001 and F
Y2002(2) Non-consolidated financial position (as of July 30, 2002)
As of June30, 2001
Total Assets
1,162
Stockholders’ Equity
473
Equity Ratio
40.8 %Per Share Data:
Outstanding Number of Shares at the term end
6,840
Stockholders’ Equity per share (Yen)¥13,856.54
1. 1:5 share-split made on May 20, 2002

As of June30, 2002
2,393
1,851
77.4 %(Millions of yen)
As of March
31, 2002
3,091
1,827
59.1 %

39,200¥47,228.03

7,840¥46,608.74

This effect is retroactively adopted for Stockholders’ Equity per share calculation as of June 30, 2001
and March 31, 2002.

2.Forecast of non-consolidated business results for the year ending March 31, 2003
(April 1, 2002 – March 31, 2003)

Net Sales
Net Income
Expected Net Income per share (Yen)(Millions of yen)

FY2003(Full Year)5,480327¥8,341.83

3. Non-Consolidated Financial Statements
3-1 Non-Consolidated Balance Sheets(In thousand yen, rounded down)
As of June 30,2001
AmountRatio

As of June 30,2002
AmountRatio

Change<ASSETS>
Current Assets
1.Cash and Deposits
2.Accounts Receivable-trade
3.Marketable Securities
4.Inventories
5.Supplies
6.Prepaid Expense
7.Defferred Tax
8.Others
Total Current Assets
Fixed Assets
Property, Equipment less Depreciation
1.Building
2.Tools, Furniture and Fixtures
3.LandSub-total
Intangibles Fixed Assets
1.Trademark
2.Software
3.Software Development in Process
Sub-total

195,857
511,854
173,578
8,240
72,692962,222
1,714
12,09013,804
289
1,325
9194
10,80982.7

841,426
559,455
190,334
269,104365
6,454
26,48933,910927,539

1.2

14,83431,285469
46,5880.9

723
28,044
128,595
157,36480.4

645,569
47,600190,334
95,526365
6454
18,248(38,782)
1,256,885

1.9

13,12019,195469
32,7846.5

434
26,719119,401
146,555

Investment and Other Asset
1.Investment Securities
2.Investments in Partnership
3.Deposits
4.Deferred Taxes
5.Future Foreign Exchange Contracts
6.Others
Sub-total
Total Fixed Assets
Deferred Assets
1.Organization Expenses
Total Deferred Assets
Total Assets-104,305

104,305

34,995140,923
175,919
200,533

15.1
17.2

2,924
38,3701,642
99,39315,150261,784
465,738

10.9
19.4

2,924
3,375
1,642
(41,530)
15,15085,865265,20577
77
1,162,833

0.0
100.0

2,393,278

0.0
100.0

(77)
(77)
1,230,445

(In thousand yen, rounded down)
As of June 30,
2001
AmountRatio

As of June 30,
2002
AmountRatio

Change<LIABILITIES>Current Liabilities:
1.Accounts Payable-trade
2.Short-term Debt
3.Accounts payable
4.Accrued Expenses
5.Accrued Income Taxes
6.Consumption Tax Payable
7.Reserve for Bonus Payment
8.Deferred hedge profit
9.Others
Total Current Liabilities
Long-term Liabilities
1.Accrued Pension and Severance costs
2.Deferred Tax Liabilities
3.Others
Total Long-Term Liabilities
Total Liabilities<Stockholders’ Equity>
Ⅰ Capital StockⅡ Additional Paid-in Capital
Ⅲ Other Surplus
1.Retained Earnings(1) Special Reserve for Amortization
2.Unappropriated retained earnings
Total Other Surplus
Ⅳ Appraisal Loss on Investment Securities
Total Stockholders’ Equity
Total Liabilities and Shareholders’ Equity

274,067
60,00045,89913,86941,501
18,591
26,715
184,463
18,397
683,504

58.8

277,442
51,074
18,337
17,635
6,969
44,884
99,393
17,204532,942

22.2

3,375
(60,000)
5,175
4,468
(23,865)(11,622)
18,169(85,069)(1,193)(150,562)

5,248
46
140
5,435
688,939

0.5
59.2

8,997
8,997
541,940

0.3
22.6

3,749
(46)
(210)
3,562
(147,000)

342,000
1,000

29.4
0.1

767,000
704,000

32.0
29.4

425,000
703,000

2,084
128,809130,893473,893
1,162,833

0.2
11.1
11.3

2,084
378,936
381,020(681)
1,851,338
2,393,278

0.1
15.8
15.9
(1.0)
77.4
100.00250,127
250,127(681)
1,377,445
1,230,445

40.8
100.0

3-2 Non-Consolidated Statements of Income(In thousand yen, Rounded down)
FY2001(From Apr.1, 2001
to Jun.30, 2001)
AmountRatio
Ⅰ Net Sales
Ⅱ Cost of Sales

FY2002(From Apr.1, 2002
to Jun.30, 2002)
AmountRatio

Change813,744561,323
252,420

100.0
69.0
31.0

733,495
498,662
234,833

100.0
67.9
32.0

(80,249)(62,662)(17,587)

172,670
79,75021.2
9.8

199,561
35,271

27.2
4.8(26,891)(44,479)

Ⅳ Other Income
Ⅴ Other Expenses

14,895469

1.8
0.0

14,3138,749

1.9
1.1(582)
8,279

Ordinary Profit

94,176

11.6

40,8355.5(53,340)

Extraordinary Gain

2,070

0.3

1,355

0.1(715)Extraordinary Loss-----

Income Before Income Taxes

94,246

11.8

42,1905.7(52,056)

Income Taxes & tax adjustments

41,643

5.1

17,9142.4(23,729)

Net Income

54,603

6.7

24,276

3.1(30,327)

Retained Earnings (Deficit) Brought
Forward74,206354,660

280,454

Unappropriated retained earnings

128,809358,936

250,127

Gross Profit
Ⅲ Selling, General andAdministrative Expenses
Operating Income<Business Segment Information>(In thousand yen, Rounded down)
FY2001(From Apr. 1,2001 to Jun. 30,2001)
Security

FY2002(From Apr. 1,2002 to Jun. 30,2002)

Change718,957

600,700(16.4) %60,133

61,120

1.6 %

779,090661,820(15.0) %Service (Consultation & MSP)

34,652

71,675106.8 %

Grand Total

813,744733,495(9.9) %

Packaged
SoftwareHigh-availability
Solution
Sub-Total&Data