Summary of Consolidated Business Results for April 1, 2009 – March 31, 201005/12/2010
Note: The yen amounts are rounded down to the nearest million.
1) Consolidated Operating Results
Net Sales

Operating Income

Current Profit

Net Income

Year ended March 31, 2010

¥ Millions
410,782%－7.2¥ Millions
5,510%
54.1¥ Millions
4,889%
27.9¥ Millions
1,762%－18.5

Year ended March 31, 2009

442,761

－11.5

3,576

－53.3

3,823

－50.9

2,162

－26.0

Ratio ofNet Income toNet WorthEquity

Ratio ofCurrent Profitto Total Assets

OperatingIncome Ratio―%
2.7%2.2%
1.3

―3.1

1.5

0.8

EPS

Fully Diluted EPS

Year ended March 31, 2010

¥27.08Year ended March 31, 2009

33.22

¥

Note: The percentage figures of net sales, operating income, current profit and net income are changes from the same period of the previous
fiscal year.
2) Consolidated Financial Position
Total Assets

Net Assets

Net Worth Equity perShare

Net Worth EquityRatio¥ Millions¥ Millions%¥

As of March 31, 2010

229,964

68,46329.5

1,042.19

As of March 31, 2009

215,279

63,59929.1963.50

3) Consolidated Cash FlowsNet Cash fromOperating Activities

Net Cash from
Investment Activities

Net Cash from
Financial Activities

Balance of Cash and Cash
Equivalents at Term End

Year ended March 31, 2010

¥ Millions
5,976¥ Millions－5,529¥ Millions－6,405¥ Millions
5,014

Year ended March 31, 2009

11,562947－7,127

11,181

4) Dividend Status(Record Date)

Endof 1stQuarter¥Dividends Per ShareEndEnd
Endof 2ndof 3rdof year
Quarter
Quarter¥¥¥

Fullyear

Total
Dividends(Full-year)

Payout Ratio(Consolidated)

Dividends on
Equity(Consolidated)¥¥ Millions%%
Year ended
5.00
5.0010.00
650
30.1
0.9
―
―
March 31, 2009
Year ended
5.00
5.00
10.00
650
36.9
1.0
―
―March 31, 2010
Forecast: Year
26.3
7.00
10.00
17.00
――ending March 31, 2011
Note: The year-end dividend for the fiscal year ending March 31, 2011 includes the “120th anniversary commemorative dividend” of 2 yen.
5) Consolidated Forecasts for Fiscal 2010 (April 1, 2010 – March 31, 2011)
Net Sales
Operating Income¥ Millions%¥ Millions%
April 2010 – September 2010
205,000
8.1
2,000
82.1

Current Profit¥ Millions%
1,900

84.5

Net Income¥ Millions
2,600%EPS¥

507.4

39.96

Year
430,000
4.7
5,000
4,800
4,200
138.4
64.55
－9.3
－1.8
ending March 31, 2010
Note: The percentage figures of net sales, operating income, current profit and net income are changes from the same period of the previous
fiscal year.
* The above projections were prepared based on the information available to Inabata & Co., Ltd. as of the date of release of this document. Actual results could
differ materially from those projected due to various factors.

6) Business Results
During the fiscal year ended March 31, 2010, the Japanese economic conditions remained severe, with the employment
situation worsening and deflation having an influence in the wake of the global recession since the end of 2008. However,some businesses showed signs of picking up along with the upturn seen in overseas economies, particularly in Asia, and thepositive results of emergency stimulus measures.
Against this backdrop, the Inabata Group’s businesses got back on the track to recovery, primarily in its mainstay IT &electronics business and in the plastics business. Net sales on a consolidated basis, however, decreased by 7.2% comparedwith the fiscal year ended March 2009, to ¥410,782 million. Meanwhile, operating income and current profit increased by
54.1% to ¥5,510 million and by 27.9% to ¥4,889 million, respectively, owing to higher profit margins and cost cuts. Net
income decreased by 18.5% to ¥1,762 million due to the loss on revaluation of investment securities.
On a non-consolidated basis, Inabata & Co., Ltd.’s net sales decreased by 6.5% year-on-year, to ¥265,117 million. Operating
income, current profit and net income increased by 52.4% to ¥2,397 million, by 6.6% to ¥3,669 million and by 114.0%¥2,015 million, respectively.

7) Business Segment

Segment

Net sales%

Operating income(¥ Millions)

IT & Electronics

gain/loss
176,774
5.4%

Housing Materials

17,552－20.9%

16―

Chemicals

58,214－12.7%

634

164.5%

Plastics

140,376－12.3%

2,230

8.8%

Food

16,240－31.7%－50―

Others1,624－32.5%

243－30.5%

Total

410,782

－7.2%

5,510

54.1%

(¥ Millions)%gain/loss
2,435
108.7%

Note 1: Figures shown in percentage show the ratios of sequential changes compared with the fiscal year ended March 31, 2009.
Note 2: The percentage figures of operating income for the housing materials segment and the food segment are left blank,since the segments experienced operating loss for the year ended March 31, 2009 or 2010.

This document is an English translation of the Japanese original.
Although Inabata intended to faithfully translate the Japanese document into English, please bewarned that Inabata cannot guarantee the accuracy, safety or reliability of this translation.