Summary Report of Consolidated Financial Results
For the Fiscal Year Ended June 30, 2010

(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 fiscal year ended June 30, 2010
(From July 1, 2009 to June 30, 2010)(1) Results of Business Operations(Millions of yen, except per-share data)
OperatingOrdinary
ChangeNet Sales
Change (%)
Change (%)
IncomeIncome(%)
Fiscal year ended
1.4％
487,571
21,06722.7
21,10932.0
June 30, 2010
Fiscal year ended
18.8％
△7.1
480,856
17,172
7.5
15,989June 30, 2009

Fiscal Year Ended
June 30, 2010
Fiscal Year Ended
June 30, 2009

Net
IncomeChange(%)

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

Return on
Equity (%)

Ordinary
Income on Total
Assets (%)

Operating
Income on
Net Sales (%)

10,23819.7

147.35

137.64

10.5

7.0

4.3

8,554

△8.1

123.69123.69

10.0

5.6

3.6

(2) Financial Position(Millions of yen, except per-share data)
Total Assets

Net Assets

Equity Ratio (%)

Net Assets
per Share (Yen)

302,029297,527

106,760
89,97234.9
29.9

1,460.81
1,284.15

As ofJune 30,2010
June 30,2009(3) The Consolidated Statements of Cash Flows(Millions of yen)

Cash Flows fromOperating Activities

Cash Flows from
Investing ActivitiesCash Flows from
Financing Activities

Cash and Cash
Equivalents

18,885△16,497△5,47538,911

19,513△29,855

14,31642,040Fiscal year ended
June 30, 2010
Fiscal year ended
June 30, 2009
2. Dividends

Year Ended June 30,
2009Year Ended June 30,
2010
Year Ending June 30,
2011 (Forecast)Three Months
Ended
September 30

Six Months
Ended
December 31

YenNine Months
Ended
March 31－

10.00

－－

Total cash
Dividends(Millionsof yen)

Dividend
Payoutratio (%)

Dividends/Net Assets(%)

Year Ended
June 30

Total－

13.00

23.00

1,591

18.6

1.910.00－15.00

25.00

1,777

17.0

1.8

10.00

－15.00

25.00

116.6

3. Consolidated Business Forecast： For the year ending June 30, 2011(From July 1, 2010 to June 30, 2011)(Millions of yen, except per-share data)

Six Months Ending
December 31, 2010
Year Ending
June 30, 2011

Net Sales

Change(%)

Operating
IncomeChange(%)

Ordinary
IncomeChange(%)

Net
IncomeChange(%)

Net Income
per Share(Yen)

258,000

2.9

12,000

8.1

11,200

3.4

5,700

△6.6

74.19

510,000

4.6

23,0009.2

22,0004.2

11,60013.3

150.98

４. Others(1) Significant changes in subsidiaries (Changes in subsidiaries resulting in changes in the scope of consolidation): None
(2) Changes in accounting policies, procedures, and methods of presentation for preparing the consolidated financialstatements① Changes in line with revision to accounting standards: None
② Other changes: None
(3) Number of outstanding shares (Common stock)① Number of outstanding shares (Treasury stock included)
June 30, 2010
72,095,109 shares
June 30, 2009
72,022,209 shares
June 30, 2010
473 shares② Number of treasury stock
June 30, 2009
2,840,970 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 uncertainty 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.

2Consolidated Balance Sheets(Millions of yen)
As of June 30,

As of June 30,2010

2009

AmountAmountAssetsCurrent assets
Cash and deposits¥41,734¥42,563

Notes and Accounts receivable-trade

4,045

4,612

Merchandise and finished goods

74,45270,651

Prepaid expenses

2,106

2,173

Deferred tax assets

1,853

1,477

Other

4,061

2,500

Allowance for doubtful accounts

（53）

（174）

128,198

123,802

83,93179,649

Accumulated depreciation（31,437）（26,875）

Accumulated impairment loss

（2,533）（2,851）

Buildings and structures, net

49,961

49,923－94

Accumulated depreciation－（73）

Accumulated impairment loss－（0）Vehicles net－

21

Tools, furniture and fixtures

32,03230,780

Accumulated depreciation

Total current assets

Noncurrent assets
Property, plant and equipment
Buildings and structures

Vehicles（22,631）（21,161）

Accumulated impairment loss

（690）

（830）

Tools, furniture and fixtures, net

8,711

8,789

Other

165

－

Accumulated depreciation

（78）

－

Other, net

87－64,37855,028597

617

123,734

114,378

2,721

2,960

Investment securities

6,297

12,055Long-term loans receivable

1,311

1,251

Long-term prepaid expenses2,225

2,222

Land
Construction in progress
Total property, plant and equipment
Intangible assets
Investments and other assets

Deferred tax assets

2,173

2,623

Lease and guarantee deposits

33,67436,846

Other

4,857

4,156

Allowance for doubtful accounts（3,161）(2,766)

Total investments and other assets
Total noncurrent assets

Total assets
347,37656,387

173,831

173,725¥302,029¥297,527

(Millions of yen)
As of June 30,

As of June 30,

2010

2009

AmountAmountLiabilities
Current liabilities
Accounts payable-trade¥42,670¥41,062698

11,000Current portion of long-term loans

10,834

9,696

Current portion of bonds

41,507

9,695

Current portion of convertible bonds

8,625

20,171

Accrued expenses

6,119

6,005

Income taxes payable

Short-term loans

4,014

3,354

Provision for point card certificates

247

386

Other provision

72

52

7,219

9,462

122,005

110,883

33,851

53,253350

9,335

Long-term loans

20,37913,575Derivatives liabilities

Other
Total current liabilities

Noncurrent liabilities
Bonds
Convertible bonds

2,848

2,233

Provision for retirement benefits84472

Provision for directors' retirement benefits

375

162

Negative goodwill

3,306

4,163

Other

12,071

13,479Total noncurrent liabilities

73,26496,672

195,269

207,555

Capital stock

15,04914,977

Capital surplus

17,856

16,289Retained earnings

74,50365,806（1）(4,976)

107,407

92,096（104）(1,856)

Foreign currency translation adjustment（1,986）(1,401)

Total valuation and translation adjustments（2,090）(3,257)

0

1

1,443

1,132

106,760

89,972¥302,029¥297,527

Total liabilities
Net assets
Shareholders' equity

Treasury stock
Total shareholders' equity
Valuation and translation adjustments
Valuation difference on investment securities

Subscription rights to shares
Minority interests

Total net assets
Total liabilities and net assets

4Consolidated Statements of Income(Millions of yen)
Fiscal year ended
June 30, 2009

Fiscal year ended
June 30, 2010
AmountNet sales

Amount¥487,571¥480,856

Cost of sales

364,065

353,616Gross profit

123,506

127,240

Selling, general and administrative expenses

102,439

110,068

Operating income

21,067

17,172

Interest and dividends income

617580Gain on sales of investment securities－4

Non-operating income

Gain on investments in silent partnership

58147

Amortization of negative goodwill

857

858

Commission fee

292－

Other

1,076

1,093

Total non-operating income

2,900

2,682

Non-operating expenses
Interest expenses paid on loans and bonds
Loss on valuation of derivatives
Equity in losses of affiliates
Other

1,678

1,278

615

2,009

118

564

560

2,858

3,865

21,10915,989442－

Gain on abolishment of retirement benefit plan－

1,556

Gain on redemption of convertible bonds

221－

Other

229

651

Total extraordinary income

892

2,207

2,659

1,417

163

649

Loss on closing of stores

399

1,254

Loss on retirement of property, plant and equipment

318

232

Other

1,617

430

Total extraordinary losses

5,156

3,982

16,845

14,214

Income taxes - Current

7,103

6,403

Income taxes - Deferred(796)(1,059)Total income taxes

6,307

5,344

300

316

¥10,238¥8,554

Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sales of property, plant and equipment

Extraordinary losses
Loss on valuation of investment securities
Impairment loss

Income before income taxes and minority interests

Minority interests in income
Net income
5Consolidated statements of changes in net assets(Millions of yen)
Fiscal year ended

Fiscal year ended

June 30, 2010

June 30, 2009

AmountAmountShareholders' equity
Capital stock
Balance at the end of previous period¥14,977¥14,977

Issuance of new shares

72－

Total changes of items during the period

72－

15,04914,977

16,28916,289Issuance of new shares

72－

Disposal of treasury stock

1,495

－

Total changes of items during the period

1,567－

17,856

16,28965,806

58,777

Dividends from surplus（1,595）（1,521）

Net income

Changes of items during the period

Balance at the end of current period
Capital surplus
Balance at the end of previous period
Changes of items during the period

Balance at the end of current period
Retained earnings
Balance at the end of previous period
Changes of items during the period

10,2388,554

Disposal of treasury stock－（4）

Change of scope of consolidation

54－

8,697

7,029

74,50365,806（4,976）（5,144）Purchase of treasury stock（0）（0）

Disposal of treasury stock

4,975

168

Total changes of items during the period

4,975

168

（1）

（4,976）

92,09684,899Issuance of new shares

144－Dividends from surplus（1,595）（1,521）

Net income

Total changes of items during the period
Balance at the end of current period
Treasury stock
Balance at the end of previous period
Changes of items during the period

Balance at the end of current period
Total shareholders' equity
Balance at the end of previous period
Changes of items during the period

10,2388,554

Purchase of treasury stock（0）（0）

Disposal of treasury stock

6,470

16454

－

Change of scope of consolidation
Total changes of items during the period
Balance at the end of current period

615,311

7,197¥107,407¥92,096(Millions of yen)
Fiscal year ended

Fiscal year ended

June 30, 2010

June 30, 2009

AmountAmountValuation and translation adjustments
Valuation difference on available-for-sale securities
Balance at the end of previous period¥（1,856）¥（680）Net changes of items other than shareholders' equity

1,752（1,176）

Total changes of items during the period

1,752（1,176）（104）（1,856）（1,401）（1,285）

（585）

（116）

Changes of items during the period

Balance at the end of current period
Foreign currency translation adjustment
Balance at the end of previous period
Changes of items during the period
Net changes of items other than shareholders' equity
Total changes of items during the period
Balance at the end of current period

（585）

（116）

（1,986）（1,401）（3,257）（1,965）

Total valuation and translation adjustments
Balance at the end of previous period
Changes of items during the period
Net changes of items other than shareholders' equity

1,167（1,292）

Total changes of items during the period

1,167（1,292）（2,090）（3,257）1

3

Net changes of items other than shareholders' equity

（1）

（2）

Total changes of items during the period

（1）

（2）

0

1

1,132

1,688

311（556）

Balance at the end of current period

Subscription rights to shares
Balance at the end of previous period
Changes of items during the period

Balance at the end of current period

Minority interests
Balance at the end of previous period
Changes of items during the period
Net changes of items other than shareholders' equity
Total changes of items during the period
Balance at the end of current period311（556）

1,443

1,132

89,972

84,625

Total net assets
Balance at the end of previous period
Changes of items during the period
Issuance of new shares

144－

Dividends from surplus（1,595）（1,521）

Net income

10,2388,554

Purchase of treasury stock

（0）

（0）

Disposal of treasury stock

6,470

164

54－

Net changes of items other than shareholders' equity

1,477（1,850）Total changes of items during the period

16,7885,347¥106,760¥89,972

Change of scope of consolidation

Balance at the end of current period

7Consolidated Statements of Cash Flows(Millions of yen)
Fiscal year ended
June 30, 2009
AmountFiscal year ended
June 30, 2010
AmountNet cash provided by (used in) operating activities:
Income before income taxes and minority interests
Depreciation and other amortization
Impairment loss
Amortization of negative goodwill
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in provision for directors` retirement benefits
Decrease in provision for retirement benefits
Decrease in provision for point card certificatesInterest and dividend income
Loss on valuation of derivatives
Equity in losses of affiliates
Loss on investments in silent partnership
Interest expenses paid on loans and bonds
Loss (gain) on sales of investment securities
Loss (gain) on sales and retirement of property, plant and equipment
Loss on store closings
Offset payments for house rental fee with lease and guarantee
deposits¥16,845
9,823
163
(857)
274
212
(388)
(139)
(617)
615
1(58)
1,678
510
(123)
152

¥14,214
8,898
649
(858)
(141)(22)(5,216)
(376)
(580)
2,009
18(68)
1,278
28
82
929

1,192

1,300

Loss (gain) on redemption of convertible bonds(221)－Loss (gain) on valuation of investment securities

2,659

1,417

Decrease (increase) in notes and accounts receivable-trade
Decrease (increase) in inventories
Decrease (increase) in other current assets
Increase (decrease) in notes and accounts payable‐trade566(3,879)(1,016)
1,911（58）（2,171）619
711（1,825）（1,052）398
26,824452（1,660）（6,731）
18,8851,060
2,11118726,020
326（1,175）（5,658）19,513（23,766）
21,323（20,952）（1,014）319（17,757）

Proceeds from sales of property, plant and equipment

1,412327

Purchase of intangible assets
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 investments in subsidiaries resulting in change inscope of consolidation
Proceeds from withdrawal of investments in silent partnership
Proceeds from liquidation of anonymous association
Purchase of investments in subsidiaries
Payment for purchase of investment funds
Proceeds from liquidation of investment funds
Other, net
Net cash provided by (used in) investing activities（288）（1,145）
2,743
（63）
3,427

（244）
（2,596）
3,091（8,340）1,286－（1,893）

22
825
（10）
－914
（939）
¥（16,497）

21
－
（648）
（1,000）－（1,407）¥（29,855）

Increase (decrease) in other current liabilities
Increase (decrease) in other noncurrent liabilities
Other, net
Sub totalInterest and dividends income received
Interest expenses paidIncome taxes paid
Net cash provided by (used in) operating activities
Net cash provided by (used in) investing activities:
Payments into time deposits
Proceeds from withdrawal of time deposits
Purchase of property, plant and equipment

8

(Millions of yen)

Net cash provided by (used in) financing activities:
Net increase (decrease) in short-term loans payable
Proceeds from long-term loans payable
Repayment of long-term loans payable
Proceeds from issuance of bonds
Redemption of bonds
Repayments of lease obligations
Proceeds from issuance of common stockPurchase of treasury stock
Proceeds from sales of treasury stock
Redemption of convertible bonds
Cash dividends paid
Proceeds from stock issuance to minority shareholders
Other, netNet cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Increase in cash and cash equivalents from newly consolidated
subsidiary
Increase in cash and cash equivalents resulting from merger
between consolidated and unconsolidated subsidiaries
Cash and cash equivalents at end of period

9Fiscal year ended
June 30, 2010

Fiscal year ended
June 30, 2009

AmountAmount¥（10,302）
19,702（11,761）
23,200（10,790）
（186）
144
（0）
5,675
(19,950)(1,595)8
380（5,475）（114）（3,201）42,040¥9,6008,500（8,966）
14,000（7,143）
（436）
－
（0）
164－
(1,521)126（8）
14,316（20）
3,954
38,08610－

62－¥38,911¥42,040

Segment Information
For the Fiscal Year Ended June 30, 2010
a. Operating segment information
For the Fiscal Year Ended June 30, 2010
Discount
Storebusiness(Millions of yen)
GMS

Rent

Corporate

OthersTotal¥15,737¥1,646¥487,571¥－¥487,571

business businesseliminations

Consolidated

Sales
Sales to third parties¥416,183 ¥54,005

Intersegment sales
Total
Operating income (loss)

204

3

2,152

903

3,262

(3,262)－

416,387

54,00817,8892,549

490,833(3,262)487,571¥16,543¥（256)¥4,336¥597¥21,220¥（153)¥21,067b. Geographic segment information
For the Fiscal Year Ended June 30, 2010, net sales in Japan accounted for more than 90% of those of all the segments.
Consequently, details of each geographic segment information are not presented.
c. Sales outside JapanFor the Fiscal Year Ended June 30, 2010, sales outside of Japan amounted less than 10% of the consolidated net sales,
and therefore the information is not presented.
For the Fiscal Year Ended June 30, 2009
a. Operating segment information
For the Fiscal Year Ended June 30, 2009
DiscountStorebusiness(Millions of yen)
GMS

Rent

Corporate

OthersTotal¥15,909¥2,707¥480,856¥－¥480,856

business businesseliminations

Consolidated

Sales
Sales to third parties
Intersegment sales
Total
Operating income (loss)¥373,630 ¥88,610
518

320

2,3641,801

5,003(5,003)－374,148

88,93018,274

4,508

485,859(5,003)

480,856¥13,441 ¥(1,548)¥4,595¥533¥17,021¥151¥17,172b. Geographic segment information
For the Fiscal Year Ended June 30, 2009, net sales in Japan accounted for more than 90% of those of all the segments.
Consequently, details of each geographic segment information are not presented.
c. Sales outside JapanFor the Fiscal Year Ended June 30, 2009, sales outside of Japan amounted less than 10% of the consolidated net sales,and therefore the information is not presented.

10