Summary Report of Consolidated Financial Results
For the First Quarter Ended September 30, 2009

(All financial information has been prepared in accordance with accounting principles generally accepted in Japan.)
Don Quijote Co., Ltd.
Securities Code No.: 7532
Shares Listed:Tokyo Stock Exchange
Address:
2-19-10 Aobadai, Meguro-ku, Tokyo
Representative:
Junji Narusawa, President and Representative Director
Contact:
Mitsuo Takahashi, Senior Managing Director (Phone: +81-3-5725-7588)
URL:
http://www.donki.com(Amounts in million yen are rounded off to the nearest million)
1. Overview of Business Results and Financial Position for the first quarter of fiscal 2010 (From July 1, 2009 to September
30, 2009)(1) Results of Business Operations(Millions of yen, except per-share data)
Operating
Ordinary
ChangeNet Sales
Change (%)
Change (%)
IncomeIncome(%)
Three Months Ended
123,583
3.0
5,178
13.6
4,855
4.9
September 30, 2009
Three Months Ended－－－
119,9284,560
4,630
September 30, 2008

Net Income
Three Months Ended
September 30, 2009
Three Months Ended
September 30, 2008

Change (%)

Net Income
Per Share (Yen)Net Income Per
Share-fullydiluted (Yen)

3,568

60.0

51.56

48.12

2,230－32.28

30.12(2) Financial Position(Millions of yen, except per-share data)
Ratio of Shareholders’Equityto Total Assets (%)

Net assets
per Share (Yen)

Total Assets

Net assets

295,804

92,82631.0

1,321.87

297,527

89,97229.9

1,284.15

As of September 30,
2009
Last Fiscal Year
2. Dividends

Yen
Three Months
Ended September30
Year Ended June 30,
2009Year Ending June 30,
2010
Year Ending June 30,2010 (Forecast)

Six Months EndedDecember 31

Nine Months
Ended March 31

Year Ended June30Total

－

10.00

－

13.00

23.00

－－－－－－

10.00

－

13.00

23.00

(Note) Revision to the dividend forecast in the first quarter of fiscal 2010: None
3. Consolidated Business Forecast： For the year ending June 30, 2010 (From July 1, 2009 to June 30, 2010)(Millions of yen, except per-share data)

Six Months
EndingDecember 31,2009
Year Ending
June 30, 2010

Net Sales

Change(%)

Operating
IncomeChange(%)

Ordinary
IncomeChange(%)

Net
IncomeChange(%)

Net Incomeper Share(Yen)

250,000

2.4

9,200

10.9

8,500

33.2

4,600

122.4

66.39

497,000

3.418,000

4.8

17,80011.3

10,00016.9

144.33(Notes) Revision to the business forecast in the first quarter of fiscal 2010: Yes

4. Others(1) Significant changes in subsidiaries (Changes in subsidiaries resulting in changes in the scope of consolidation): No(2) Simplified accounting methods and special accounting methods for preparation of the quarterly consolidated
financial statements: Yes① Calculation of provision for doubtful accounts
Credit loss ratio of the previous fiscal year end was used to calculate the provision for bad debts for the current
first quarter.
② Method for assessing the value of inventories
Inventories at the end of the first quarter are mainly calculated using a reasonable method based on book value,
no physical inventory count is taken. In addition, the carrying amount of inventories is reduced to estimated net
selling value only where there is an obvious decrease in profitability.
③ Calculation of depreciation expenses for fixed assets
For fixed assets where depreciation is calculated by declining-balance method, the annual depreciation is
proportionately allocated to each quarter.
④ Computation method for income taxes, deferred tax assets and deferred tax liabilities
The recoverability of deferred tax assets was assessed based on the projections of future performance and tax
planning that were used in the prior fiscal year but also by taking into account the effects of significant changes ifsuch significant changes were recognized in the business environment or in the circumstances where temporary
differences occur during the period from the end of the prior fiscal year to September 30, 2009.
(3) Changes in accounting policies concerning preparation of quarterly consolidated financial statements① Changes in line with revision to accounting standards: None
② Other changes: None
(4) Number of outstanding shares (Common stock)① Number of outstanding shares (Treasury stock included)
September 30, 2009
72,022,209 shares
June 30, 2009
72,022,209 shares② Number of treasury stock
September 30, 2009
2,735,370 shares
June 30, 2009
2,840,970 shares③ Average number of outstanding shares during the period
September 30, 2009
69,199,771 shares
September 30, 2008
69,094,578 shares※Explanation regarding the appropriate use of forecasts of business results
The financial forecasts of business results are based on judgments and estimates that have been made using ofcurrently available information. By nature, such financial forecasts are subject to uncertainly and risk. Therefore,
you are advised that the final results might be significantly different from the aforementioned forecasts due tochanges in economic environments related to our business, market trends and exchange rate, etc.

Consolidated Balance Sheets(Millions of yen)
As of September 30,

As of June 30,

2009

2009

AmountAmountAssetsCurrent assets
Cash and deposits¥43,141¥42,563

Notes and Accounts receivable-trade

4,096

4,612

Merchandise and finished goods

68,56470,651

Other

6,415

6,150

Allowance for doubtful accounts

(164)

(174)

122,052

123,802

Buildings and structures, net

50,01949,923Tools, furniture and fixtures, net

9,029

8,789

Land

54,91555,028

Total current assets

Noncurrent assets
Property, plant and equipment

Other, net
Total property, plant and equipment
Intangible assets

486

638

114,449

114,378

2,870

2,960

Investments and other assets
Investment securities

11,94012,055

Lease and guarantee deposits

36,40436,846

Other

10,860

10,252

Allowance for doubtful accounts
Total investments and other assets
Total noncurrent assets

Total assets(2,771)(2,766)56,43356,387

173,752

173,725¥295,804¥297,527

(Millions of yen)
As of September 30,

As of June 30,

2009

2009

AmountAmountLiabilities
Current liabilities
Accounts payable-trade¥40,063¥41,062

Short-term loans-payable

21,306

11,000Current portion of long-term loans payable

9,987

9,696

Current portion of bonds

9,695

9,695

―

20,171

Commercial papers

9,496

―

Income taxes payable

Current portion of convertible bonds

2,044

3,354

Provision for point card certificates

428

386

Other provision

105

52

Other

14,693

15,467

Total current liabilities

107,817

110,883

Bonds payable

51,84053,253

Convertible bonds

9,335

9,335

Long-term loans payable

14,014

13,575Derivatives liabilities

2,630

2,233

366

472

Noncurrent liabilities

Provision for retirement benefits
Provision for director's retirement benefits

163

162

Negative goodwill

3,949

4,163

Other12,864

13,479Total noncurrent liabilities

95,161

96,672

202,978

207,555

Capital stock

14,977

14,977

Capital surplus

16,313

16,289Retained earnings

68,52965,806

Treasury stock(4,791)(4,976)

Total shareholders' equity

95,02892,096

Valuation difference on available-for-sale securities(1,767)(1,856)

Foreign currency translation adjustment(1,673)(1,401)

Total valuation and translation adjustments(3,440)(3,257)

Total liabilities
Net assets
Shareholders' equity

Valuation and translation adjustments

Subscription rights to shares
Minority interests

Total net assets
Total liabilities and net assets

1

1

1,237

1,132

92,82689,972¥295,804¥297,527

Consolidated Statements of Income(Millions of yen)

Net sales

Three months ended

Three months ended

September 30, 2009

September 30, 2008

AmountAmount¥123,583¥119,928

92,72687,41330,85732,51525,67927,955

5,178

4,560

Interest and dividends income

153

145

Amortization of negative goodwill

214

227

Other

211

157

578

529

Interest expense

341

348

Loss on valuation of derivatives

397―

Other

163

111

901

459

4,855

4,630

380

63

Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income

Total non-operating income
Non-operating expenses

Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sales of noncurrent assets
Reversal of provision for point card certificates―

41

Gain on redemption of convertible bonds

221―

Other

69

45670

149

93―

Total extraordinary income
Extraordinary losses
Loss on retirement of noncurrent assets
Loss on valuation of investment securities

30596

Loss on closing of stores

72355

Other77323

272

1,274

5,253

3,505

Income taxes - Current

1,777

1,603

Income taxes - Deferred(197)

(389)

1,580

1,214

10561

¥3,568¥2,230Total extraordinary losses
Income before income taxes and minority interests

Total income taxes
Minority interests in income
Net income

Consolidated Statements of Cash Flows(Millions of yen)Three months ended

Three months ended

September 30, 2009

September 30, 2008

AmountAmountNet cash provided by operating activities:
Income before income taxes and minority interests
Depreciation and amortization
Amortization of negative goodwill
Increase (decrease) in provisionInterest and dividend income
Interest expenses
Loss on valuation of derivatives
Gain on sale noncurrent assets
Gain on redemption of convertible bonds
Loss on valuation of investment securities
Decrease in notes and accounts receivable-trade
Decrease 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¥5,253
2,058
(214)
(94)
(153)
341
397
(380)
(221)
30
516
2,049
(977)
(595)
8,010
108(560)(3,084)4,474¥3,505
1,948(227)
328(145)
348－－－
596
259
154
1,047(454)7,35971(537)(2,293)
4,600

Net cash used in investing activities:
Payments into time deposits
Proceeds from withdrawal of time deposits
Purchase of property and equipment
Proceeds from sales of property, plant and equipment
Payments for lease and guarantee deposits
Proceeds from collection of lease and guarantee deposits
Purchase of investment securities
Proceeds from sales of investment securities
Purchase of stocks of subsidiaries and affiliates
Other, net
Net cash used in investing activities(1,160)22(3,066)
1,166
(180)
338
(13)
6－
(582)
(3,469)－－(2,198)227(689)396(3,667)
387
(648)
(829)
(7,021)

10,306
3,400(2,670)9,488
3,000(4,413)(19,950)(899)
157(1,581)(54)(630)
42,040350－(2,094)－4,000(2,810)
－
(829)
(46)
(1,429)108(3,742)38,086

62－¥41,472¥34,344

Net cash used in financing activities:
Net increase in short-term loans payable
Proceeds from long-term loans payable
Repayment of long-term loans payable
Net increase in commercial papers
Proceeds from issuance of bonds
Redemption of bonds
Redemption of convertible bonds
Cash dividends paid
Other, net
Net cash used in financing activities
Effect of exchange rate change on cash and cash equivalents
Net decrease in cash and cash equivalents
Cash and cash equivalents at beginning of period
Increase in cash and cash equivalents resulting from merger
between consolidated and unconsolidated subsidiaries
Cash and cash equivalents at end of period

Segment Information
For the first quarter ended September 30, 2009
a. Operating segment information
For the first quarter ended September 30, 2009
DiscountStorebusiness(Millions of yen)
GMSRent

business business

Others

Total

Corporateeliminations Consolidated

Sales, Operating income (loss)
Sales
Sales to third parties
Intersegment sales
Total
Operating income (loss)¥102,530 ¥16,483¥4,136¥434¥123,583¥－¥123,583

131

3631

237

1,002

(1,002)－

102,661

16,486

4,767

671

124,585(1,002)

123,583¥4,322¥(125) ¥1,047¥83¥5,327¥(149)¥5,178b. Geographic segment information
For the first quarter ended September 30, 2009, net sales in Japan accounted for more than 90% of those of all thesegments. Consequently, details of each geographic segment information are not presented.
c. Sales outside JapanFor the first quarter ended September 30, 2009, sales outside of Japan amounted less than 10% of the consolidated net
sales, and therefore the information is not presented.
For the first quarter ended September 30, 2008
a. Operating segment information
For the first quarter ended September 30, 2008
DiscountStorebusiness(Millions of yen)
GMS

Rent

business business

OthersTotalCorporate
eliminations

Consolidated

Sales, Operating income (loss)
Sales
Sales to third parties
Intersegment sales
Total
Operating income (loss)¥89,684 ¥25,861¥3,847¥536¥119,928¥－¥119,928

98

91

578

483

1,250(1,250)－

89,782

25,952

4,425

1,019

121,178(1,250)119,928¥3,992¥(789) ¥1,151¥147¥4,501¥59¥4,560b. Geographic segment information
For the first quarter ended September 30, 2008, net sales in Japan accounted for more than 90% of those of all thesegments. Consequently, details of each geographic segment information are not presented.
c. Sales outside JapanFor the first quarter ended September 30, 2008, sales outside of Japan amounted less than 10% of the consolidated net
sales, and therefore the information is not presented.

Notes on the going-concern assumption
Not applicable

Notes on significant changes in the amount of shareholders’ equity
Not applicable