Summary(Translation)
Fields Corporation
Summary of Financial Information and Business Results (Consolidated)
for the First Quarter of the Year Ending March 31, 2012 (Japan GAAP)
August 4, 2011
Listed on: OSE [JASDAQ]
Company Name:

Fields Corporation(URL: http://www.fields.biz/)
Stock code:
2767
Representative Director:
Takashi Oya
President and COO
Inquiries:
Hideaki Hatanaka
Executive Officer and General Manager, Corporate Communications OfficeTel:+81-3-5784-2111
Planned date for submittal of the quarterly report:
August 9, 2011
Planned date for start of dividend payment:―
Quarterly earnings supplementary explanatory materials:
Yes
Quarterly earnings presentation:
Yes (For institutional investors and security analysts)(Rounded down to the nearest million)

1. Business results for the first quarter of the year ending March 31, 2012 (April 1, 2011 to June 30, 2011)(Percentage figures denote year-over-year changes.)(1) Operating results (cumulative total)
Net sales
Operating income
Ordinary income
Net income
First quarter, year
ending March 31, 2012
First quarter, year
ended March 31, 2011
(Note) Comprehensive income

Million yen%

Million yen%

Million yen%

Million yen%

17,635(17.4)

(225)

―

(266)

―

(284)

―

21,344

33.1

2,348

(72.4)

2,518(70.4)

1,477(68.6)First quarter of the year ending March 31, 2012: ¥(309) million (―%)
First quarter of the year ended March 31, 2011: ¥1,122 million (―%)
Net income per share

Diluted net income per share
YenFirst quarter, year
ending March 31, 2012
First quarter, year
ended March 31, 2011

Yen

(856.82)―

4,448.58―(2) Financial position
Total assets
First quarter, year
ending March 31, 2012
Year ended March 31, 2011
(Reference) Shareholders’ equity

Net assets

Shareholders’ equity ratio

Million yen

Million yen%

69,67545,87765.5

78,97147,021First quarter of the year ending March 31, 2012: ¥45,640 million
Year ended March 31, 2011: ¥46,779 million

59.2

2. Dividends(Record date)First
quarter-end
Yen

Secondquarter-end

Annual dividends
Thirdquarter-end

Yen

Year ended March 31, 2011
2,500.00―
Year ending March 31, 2012―
Year ending March 31, 2012
2,500.00(Forecast)(Note) Revision of the most recently released dividend forecasts: No

Yen

Year-end

AnnualYen

Yen―

2,500.00

5,000.00―

2,500.00

5,000.00

3. Forecast earnings for the year ending March 31, 2012 (April 1, 2011 to March 31, 2012)(Percentages denote year-over-year changes.)

Net sales

Operating income

Ordinary income

Net income
per share

Net income

Million yen%

Million yen%

Million yen%

Million yen%

Yen

First half

―

―

―

―

―

―

―

―

―

Full year

100,000(3.5)

14,0006.6

14,000

2.3

8,000

6.4

24,088.04(Note) Revision of the most recently released performance forecasts : No
(Note) The Company will disclose the first half forecast earnings for the year ending March 31, 2012 shortly, as soon as they havebeen finalized.
4. Other information(1) Transfer of important subsidiaries during the year under review (Transfer of specific subsidiaries that results in a change in thescope of consolidation): No
New― company(ies) (-)
Excluded― company(ies) (-)(2) Application of the accounting method specific to quarterly consolidated financial statements : Yes(3) Changes in accounting principles and accounting estimates, and revisions/restatements
1) Changes due to the revision to the accounting standards, etc.: No
2) Changes due to any reason other than those in 1) above: No
3) Changes in accounting estimates: No4) Revisions/restatements: No(4) Number of shares issued (common stock)1) Number of shares issued at end of year (including treasury stock)
First quarter of the year ending March 31, 2012
347,000 sharesYear ended March 31, 2011
347,000 shares
2) Number of shares of treasury stock at end of year
First quarter of the year ending March 31, 2012
14,885 sharesYear ended March 31, 2011
14,885 shares
3) Average number of shares outstanding (quarterly consolidated cumulative period)First quarter of the year ending March 31, 2012
332,115 sharesFirst quarter of the year ended March 31, 2011
332,115 shares* Indication of status of quarterly review procedure
This quarterly earnings report is not subject to quarterly review procedures based upon the Financial Instruments and Exchange Act. Thus, at the timeof disclosure of the financial results, the quarterly financial statement review procedures based upon the Financial Instruments and Exchange Act havenot been completed.

* Explanation of the appropriate usage of forecast earnings and other specific matters# The above forecast relies on judgments and assumptions based on information available as of the date of announcement of this material, and issubject to changes in risks, uncertainties, and economy, and other factors that could cause actual results to be materially different fromexpectations. When using the performance forecasts,in this document, please refer to “Qualitative information on projections for the consolidated
business results” on page 5 of the Appendix to this document for a description of the assumptions underlying the performance projections andpoints to note.
# The company is planning to hold a results briefing for analysts and institutional investors on Thursday, August 4, 2011. Materials distributed at thatbriefing will be posted on the company’s website after the briefing.

Fields Corporation (2767) Summary of Financial Information and Business Results for the First Quarter of the Year Ending March 31, 2012

{ Table of Contents of Attached Document
1. Qualitative information on quarterly financial results.............................................................................................. 2(1) Qualitative information on consolidated operating results................................................................................. 2(2) Qualitative information on the consolidated financial position ......................................................................... 4(3) Qualitative information on projections for the consolidated business results .................................................... 5
2. Summary information (other) .................................................................................................................................. 5(1) Transfer of important subsidiaries during the year under review....................................................................... 5(2) Application of the accounting method specific to quarterly consolidated financial statements ......................... 5(3) Changes in accounting principles and accounting estimates, and revisions/restatements.................................. 5
3. Quarterly consolidated financial statements............................................................................................................. 6(1) Quarterly consolidated balance sheets ............................................................................................................... 6(2) Quarterly consolidated statements of income and consolidated statements of comprehensive income ............. 8
Quarterly consolidated statement of income...................................................................................................... 8
Quarterly consolidated statements of comprehensive income ........................................................................... 9(3) Quarterly consolidated statement of cash flows............................................................................................... 10(4) Note regarding the operation of the company as a going concern ................................................................... 12(5) Segment information ....................................................................................................................................... 12(6) Note regarding occurrence of significant change in amount of shareholders’ equity....................................... 13

1

Fields Corporation (2767) Summary of Financial Information and Business Results for the First Quarter of the Year Ending March 31, 2012

1. Qualitative information on quarterly financial results(1) Qualitative information on consolidated operating results1) Overview of operations for the three months ended June 31, 2011 (April to June 2011)
The Company posted net sales of ¥17,635 million (17.4% down year-over-year), operating loss of ¥225 million (versus an
operating income of ¥2,348 million for the same period of the previous fiscal year), and ordinary loss of ¥266 million(versus an ordinary income of ¥2,518 million for the same period of the previous fiscal year). There was a net loss for theperiod totalling ¥284 million (versus a net income of ¥1,477 million for the same period of the previous fiscal year), as aresult of an extraordinary loss of ¥87 million.
The main reasons for the above results are as follows.
Taking into account shortages in electronic components due to the effects of the Earthquake in Eastern Japan, which
occurred in March 2011, the Company plans to focus on increasing the sales of pachinko/pachislot (PS) machines during thesecond half of this fiscal, by shifting the scheduled release of multiple major pachinko and pachislot titles to the second half.
In accordance with this plan, the Company released only one model, the pachislot title SAMURAI 7, in the first quarter of the
fiscal year. However, the results for the period was as planned, because part of the sales of MOBASLO Evangelion—for yourown wish, which was released in the fourth quarter of the previous fiscal year, was recorded during the period.
In the area of Group companies’ business, each company progressed as per the original plan.
2) Analysis of operations for the three months under review by business segment[Pachinko/Pachislot (PS) Field segment]
Although there were concerns regarding the effects of the earthquake on the market environment for the first quarter underreview, a clear recovery trend in pachislot machine sales, which bottomed out last summer, has appeared, causing results toexceed those for the same period of the previous fiscal year. The number of pachislot machines installed nationwide
increased by 6.3% year-over-year to 1.41 million units* as of the end of the first quarter under review (end of June).
In the pachinko machine sales business, there is a growing trend in which only specific models are particularly popular, as
there is an increasing need for the replacement of old machines with new ones, which greatly effects capital investment bypachinko parlors. At the same time, there is a growing number of pachinko parlors with low lease fees for pachinko balls
who demand used machines. In this situation, coupled with the effects of the earthquake, growth in the number of machines
sold remained sluggish. As of the end of the first quarter under review, the total number of pachinko machines installed
nationwide decreased by 0.2% year-over-year to 3.11 million units*.
The number of new pachinko parlors has remained at around 250 for the last several years. Every year the number of new
parlors opened up in April (the first month of the new fiscal year) has been increasing, accounting for about 15% of the total
number of new parlors opened up each year. The figure for the first quarter under review was almost the same level as thatfor previous years, indicating that operators remain highly motivated to open pachinko parlors.
The Company views the pachinko/pachislot (PS) business not only from based on changing market needs but also a wide
entertainment perspective, and has been committed to improving the competitiveness of the PS market with other leisuremarkets. During the fiscal year under review, the Company has also been implementing initiatives to revitalize the market byfocusing on planning, developing and selling products that serve as great entertainment.
In the pachislot machine sales business for the first quarter under review, the Company released one new model, SAMURAI
7, and recorded the sales of MOBASLO Evangelion—for your own wish, which was released during the fourth quarter of theprevious fiscal year. In the meantime, in the pachinko machine sales business, the Company released no new models but
actively launched sales activities for CR The story of ayumi hamasaki－introduction, which features a major Japanese
female pop-star and is to be delivered during the second quarter of the fiscal year (July to September 2011).
As a result of the above, during the first quarter under review, there were unit sales of pachinko machines amounting to
7,107 (57,785 units down year-over-year) and unit sales of pachislot machines coming to 36,250 (4,396 units down yearover-year). Consequently, the Pachinko/Pachislot (PS) Field posted net sales of ¥15,979 million (16.8% down year-overyear) and operating loss of ¥140 million (versus an operating income of ¥2,343 million for the same period of the previous
fiscal year).
* The total number of installations nationwide is based on a survey conducted by the Company.

2

Fields Corporation (2767) Summary of Financial Information and Business Results for the First Quarter of the Year Ending March 31, 2012

<Pachinko/Pachislot machine titles sold during the three months under review>
Pachinko machine sales titles(No new titles were released)
Total number of pachinko machines sold (machines)

Month released—
7,107

Pachislot machine sales titles
Month released[Still on sale from the previous period]
March 2011
(Bisty Co., Ltd.)MOBASLO Evangelion—for your own wish
SAMURAI 7
May 2011(Bisty Co., Ltd.)
Total number of pachislot machines sold (machines)
36,250(Note) The total number of pachinko/pachislot machines sold includes the number of machines other than the above titles
sold via agency sales.
[Mobile Field segment]Internet access in Japan for both mobile devices and personal computers has continued to develop against fastercommunication speeds and the improvement of communication access networks. In the area of mobile devices, in particular,
smartphones and tablet computers continued to become popular, and the demand for entertainment content, such as games
and electronic books, has been increasing.
In this market environment and with the aim of increasing the number of paying members, the Company is striving to
expand its on-line services, including those for mobile devices, by leveraging PS-related content (an area of particularstrength for the Company) as well as enhancing new services in other fields with its own content.
In on-line service fields (including with regard to mobile devices), in addition to “Fields Mobile”, “Pspace”, and“MOBASLO”, FutureScope Corporation and IP Bros. Incorporated invested in services using pachinko/pachislot (PS)related contents, such as “Nanapachi” (a new service introduced in April 2011), with the aim of expanding its business. In
addition, both FutureScope Corporation and IP Bros. Incorporated are conducting research and development and areinvesting in fields other than the PS field, and are aggressively developing their business so as to provide new services using
content held by the Fields Group.
As a result of the above, for the first quarter under review, the Mobile Field posted net sales of ¥618 million (24.9% up yearover-year) and operating income of ¥26 million (73.3% down year-over-year).
[Sports Entertainment Field segment]
During the first quarter under review, Japan Sports Marketing Inc. continued to strive to improve its management of sportsrelated business, which the company began during the previous period. In the fitness club business, the Company
endeavored to acquire new members by promoting its high quality services to customers by providing high added value
services via the “Total Workout” brand as well as continuing program development. The company continued to review its
athlete management services.
As a result of the above, the Sports Entertainment Field posted for the first quarter under review net sales of ¥524 million(4.4% down year-over-year) and operating loss of ¥34 million (versus an operating loss of ¥64 million for the same periodof the previous fiscal year).
[Other Field segment]
In the first quarter under review, Tsuburaya Productions Co., Ltd. committed to taking a variety of measures to further
revitalize its core IP, the Ultraman Series. At the same time, although a damage suit had been filed against Tsuburaya
Productions Co., Ltd. in Japan regarding its use of Ultraman characters overseas, an earlier decision against the company
rendered by the Tokyo District Court on September 30, 2010 was overturned by the Intellectual Property High Court on July27, 2011. Thanks to this decision, the Company believes that the potential for the expansion of the scope and range of use of
Ultraman Series IP by Tsuburaya Productions Co., Ltd. has increased. In addition, the company commenced to develop
future plans such as development of new IP, so that it will not be dependent on the value of IP and brands it has owned formany years.
Digital Frontier Inc. steadily made progress in the production of computer graphics for movies, games, andpachinko/pachislot machines. Digital Frontier Inc. expanded its image production business by taking advantage of its highlevel technology for the visual effects (VFX) produced for “GANTZ PERFECT ANSWER” released on April 2011 as asequel to an earlier production and providing motion-capture-related cooperation for the production of the game, “Ryu ga
Gotoku: Of the End”.
The publisher HERO’S, which was jointly established with Shogakukan Creative INC., continued to prepare for the launchof its premiere issue of its monthly comic in the coming fall, and focused on the strengthening of the foundations required
for the development and creation of highly-valued IP.

3

Fields Corporation (2767) Summary of Financial Information and Business Results for the First Quarter of the Year Ending March 31, 2012

Lucent Pictures Entertainment, Inc. deepened its ties with partner companies inside and outside Japan and promoted theplanning of the magazine and digital versions of the world's first monthly 3D HD visual magazine, “PLUP SERIES”, whichis scheduled to be launched in August 2011. The company also prepared for the release of “Berserk Golden Age Arc I: Eggof the Supreme King” (scheduled to be released on January 2012), an animated movie planned and produced by thecompany.
As a result of the above, the Other Field posted net sales of ¥920 million (21.6% down year-over-year) and operating loss of¥78 million (versus an operating loss of ¥55 million for the same period of the previous fiscal year) for the first quarter
under review.
(Note) Net sales reported by the individual segments are gross of inter-group net sales or transfers.
(2) Qualitative information on the consolidated financial position(Assets)
Current assets amounted to ¥40,946 million, down ¥10,105 million since the end of the previous fiscal year. The principal
factor behind this was a decrease in notes and accounts receivable—trade.
Tangible fixed assets amounted to ¥10,099 million, up ¥10 million since the end of the previous fiscal year.
Intangible fixed assets amounted to ¥5,029 million, down ¥40 million since the end of the previous fiscal year.
Investments and other assets amounted to ¥13,600 million, up ¥839 million since the end of the previous fiscal year. Thiswas mainly attributable to a purchase of investment securities, etc.
As a result of the above, total assets amounted to ¥69,675 million, down ¥9,296 million since the end of the previous fiscal
year.
(Liabilities)
Current liabilities amounted to ¥19,667 million, down ¥7,920 million since the end of the previous fiscal year. The principal
factors behind this were a decrease in notes and accounts payable—trade and a decrease in accrued income taxes.
Fixed liabilities amounted to ¥4,131 million, down ¥231 million since the end of the previous fiscal year. This was mainly
attributable to a decrease in redemption of corporate bonds.
As a result of the above, total liabilities amounted to ¥23,798 million, down ¥8,151 million since the end of the previous
fiscal year.
(Net assets)
Net assets amounted to ¥45,877 million, down ¥1,144 million since the end of the previous fiscal year. This primarilyreflected a decrease in retained earnings.
(Analysis of cash flows)
Cash and cash equivalents (hereinafter referred to as “cash”) increased by ¥6,159 million since the end of the previous fiscal
year and amounted to ¥21,791 million at the end of the first quarter of the year ending March 31, 2012.
(Cash flows from operating activities)
Net cash provided by operating activities amounted to ¥8,173 million (¥1,698 million of expenditure in the previous year).
This was mainly attributable to a decrease of ¥16,744 million in notes and accounts receivable—trade, a decrease of ¥4,257
million in notes and accounts payable—trade, and income taxes paid of ¥4,156 million, etc.
(Cash flows from investing activities)
Net cash used in investing activities amounted to ¥931 million (¥2,478 million of expenditure in the previous year). Thiswas mainly attributable to expenditure for acquiring shares in subsidiaries totaling ¥400 million, expenditure for purchasesof intangible fixed assets totaling ¥213 million, expenditure for purchases of tangible fixed assets totaling ¥136 million, etc.
(Cash flows from financing activities)
Net cash used in financing activities amounted to ¥1,080 million (¥2,318 million of expenditure in the previous year). Thiswas mainly attributable to dividends paid totaling ¥755 million, and redemption of corporate bonds totaling ¥300 million,etc.

4Fields Corporation (2767) Summary of Financial Information and Business Results for the First Quarter of the Year Ending March 31, 2012(3) Qualitative information on projections for the consolidated business results(Unit: Million yen)
Forecast for
the year ending
March 31, 2012

Results forthe year ended
March 31, 2011

Year-over-yearchangeNet sales

100,000

103,593(3.5%)

Operating income

14,00013,136

6.6%

Ordinary income

14,00013,684

2.3%

Net income

8,000

7,520

6.4%

The projections for the consolidated business results remain unchanged from those stated in the Summary of Financial
Information and Business Results (Consolidated) for the Year Ended March 31, 2011, released on May 12, 2011.
Taking into account shortages in electronic components due to the effects of the Great Eastern Japan Earthquake, which
occurred in March 2011, the Company plans at the beginning of the fiscal year to focus on increasing the sales ofpachinko/pachislot (PS) machines during the second half of this fiscal.
In accordance with the plan, a number of new machines will be released during the second quarter of the fiscal year. However,since the number of orders for the SAMURAI 7 pachislot machine released during the first quarter under review and the CR The
story of ayumi hamasaki－introduction pachinko machine released during the second quarter remains at a satisfactory level,
and as other new machines will be released, such as Kaze no Youjinbou―Memory of Butterflies (the fourth new pachislot
machine launched to commemorate Rodeo’s 10th anniversary series), it is expected that the sales of new machines willcontinue to be strong.
In the second half of the fiscal year, in which the Company plans to focus on increasing the sales of pachinko/pachislot (PS)machines, with multiple major titles scheduled to be released, the Company will actively strive to increase sales.
With regard to the projections for the consolidated business results for the year, it is expected that performance this year willcontinue to be steady because the results for the first quarter have been as expected at the beginning of the period and also
because preparation for the release of new machines during the second quarter onward is underway as planned.

2. Summary information (other)(1) Transfer of important subsidiaries during the year under review (Transfer of specific subsidiaries that results in achange in the scope of consolidation)
None(2) Application of the accounting method specific to quarterly consolidated financial statements
Assessment of tax expenses
The Company applies the method that reasonably estimates an effective tax rate to be assessed on income before income
taxes for the year ending March 31, 2012 after accounting for the tax effects of temporary differences and multiplies income
before income taxes during the first quarter of the year ending March 31, 2012 by such estimated effective tax rate.
(3) Changes in accounting principles and accounting estimates, and revisions/restatements
None5

Fields Corporation (2767) Summary of Financial Information and Business Results for the First Quarter of the Year Ending March 31, 2012

3. Quarterly consolidated financial statements(1) Quarterly consolidated balance sheets(Unit: Million yen)
Fiscal year ended
March 31, 2011
(March 31, 2011)
AssetsCurrent assets
Cash and cash equivalents
Notes and accounts receivable—trade
Merchandise and products
Work in process
Raw materials and supplies
Other current assets
Allowance for doubtful accounts
Total current assets
Fixed assets
Tangible fixed assets
Land
Other tangible fixed assets
Total tangible fixed assets
Intangible fixed assets
Goodwill
Other intangible fixed assets
Total intangible fixed assets
Investments and other assets
Investment securities
Other assets
Allowance for doubtful accounts
Total investments and other assets
Total fixed assets
Total assets
Liabilities
Current liabilities
Notes and accounts payable—trade
Corporate bonds redeemable within 1 year
Short-term borrowings
Current portion of long-term borrowings
Accrued income taxes
Accrued bonuses
Accrued bonuses to directors and auditors
Allowance for losses on relocation of offices
Other current liabilities
Total current liabilities
Fixed liabilities
Corporate bonds
Long-term borrowings
Retirement benefit provisions
Other fixed liabilities
Total fixed liabilities
Total Liabilities

6

Three months ended
June 30, 2011
(June 30, 2011)15,87327,948
300
826
231
6,071
(200)
51,051

22,032
11,905
242
1,528
228
5,125
(117)
40,946

6,324
3,765
10,0896,324
3,775
10,099

2,801
2,268
5,070

2,723
2,305
5,029

8,466
4,769
(475)
12,76027,92078,971

8,738
5,350
(488)
13,60028,72969,675

17,939
740
85
44
4,217
312
220
—
4,028
27,587

13,063
740
85
29
22
45
60
41
5,579
19,667

900
65
339
3,058
4,362
31,949

600
61
357
3,111
4,131
23,798Fields Corporation (2767) Summary of Financial Information and Business Results for the First Quarter of the Year Ending March 31, 2012

(Unit: Million yen)
Fiscal year ended
March 31, 2011
(March 31, 2011)
Net assets
Shareholders’ equity
Common stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders’ equity
Accumulated other comprehensive income
Unrealized holding gain on available-for-sale securities
Foreign currency translation adjustment
Total accumulated other comprehensive income
Minority interest
Total net assets
Total liabilities and net assets

7

Three months ended
June 30, 2011
(June 30, 2011)

7,948
7,994
33,443(1,785)47,601

7,948
7,994
32,328(1,785)46,486

(822)
0
(821)
242
47,021
78,971

(845)
0
(845)
236
45,877
69,675Fields Corporation (2767) Summary of Financial Information and Business Results for the First Quarter of the Year Ending March 31, 2012

(2) Quarterly consolidated statements of income and consolidated statements of comprehensive income
Quarterly consolidated statement of income[First quarter of the year ending March 31, 2012](Unit: Million yen)

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income (loss)
Non-operating income
Interest income
Dividend income
Equity method investment gain
OthersTotal non-operating income
Non-operating expenses
Interest expense
Equity method investment loss
Loss on management of investment securities
Amortization of equity investment
Disaster relief expenses
OthersTotal non-operating expenses
Ordinary income (loss)
Extraordinary income
Gain on sale of fixed assets
Gain on sale of shares in affiliates
Reversal of allowance for doubtful accounts
OthersTotal extraordinary income
Extraordinary losses
Loss on disposal of fixed assets
Impairment loss
Loss on adjustment for changes of accounting standards for
asset retirement obligations
Provision of allowance for loss on relocation of offices
OthersTotal extraordinary losses
Income (loss) before income taxes and minority interest
Current income taxes
Income (loss) before minority interests
Minority interests (loss)
Net income (loss)

8

Three months ended
June 30, 2010
(April 1, 2010–June 30, 2010)
21,344
13,680
7,663
5,314
2,348

Three months ended
June 30, 2011
(April 1, 2011–June 30, 2011)
17,635
12,558
5,076
5,302
(225)

2
82
98
89
272

1
85
—
61
147

6
—
57
10
—
29
103
2,518

3
42
12
38
82
10
189
(266)

—
126
115
45
288

0
—
—
—
0

0
—

9
22

142

—

—
16
159
2,647
1,159
1,488
10
1,477

41
13
87
(353)
(68)
(285)
(0)
(284)

Fields Corporation (2767) Summary of Financial Information and Business Results for the First Quarter of the Year Ending March 31, 2012

Quarterly consolidated statements of comprehensive income[First quarter of the year ending March 31, 2012](Unit: Million yen)

Income (loss) before income taxes and minority interest
Other comprehensive income
Unrealized holding gain on available-for-sale securities
Foreign currency translation adjustment
Share of other comprehensive income of associates
accounted for using equity method
Total other comprehensive income
Comprehensive income(Breakdown)Comprehensive income attributable to owners of the parent
Comprehensive income attributable to minority interests

9

Three months ended
June 30, 2010
(April 1, 2010–June 30, 2010)
1,488

Three months ended
June 30, 2011
(April 1, 2011–June 30, 2011)
(285)

(365)
0

(23)
—

—

—

(365)
1,122

(23)
(309)

1,111
10

(308)
(0)

Fields Corporation (2767) Summary of Financial Information and Business Results for the First Quarter of the Year Ending March 31, 2012(3) Quarterly consolidated statement of cash flows(Unit: Million yen)Three months ended
June 30, 2010
(April 1, 2010–June 30, 2010)
Cash flows from operating activities
Income before income taxes and minority interest
Depreciation and amortization
Impairment loss
Amortization of goodwill
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in accrued bonuses
Increase (decrease) in accrued bonuses to directors and auditors
Increase (decrease) in retirement benefit provisions
Increase (decrease) in allowance for losses on relocation of offices
Interest and dividend income
Discounts on purchases
Equity method investment loss (gain)
Interest expense
Loss (gain) on sale of shares in affiliates
Loss on adjustment for changes of accounting standards for
asset retirement obligations
Decrease (increase) in notes and accounts receivable—trade
Decrease (increase) in inventories
Decrease (increase) in merchandising rights advances
Increase (decrease) in notes and accounts payable—trade
Increase (decrease) in accrued consumption taxes
Increase (decrease) in deposits received
Others
Sub totalInterest and dividends received
Interest paid
Income taxes paid
Net cash provided by (used in) operating activities
Cash flows from investing activities
Purchases of tangible fixed assets
Proceeds from sale of tangible fixed assets
Purchases of intangible fixed assets
Purchases of investment securities
Expenditure for equity investment
Expenditure for loans
Expenditure for acquiring shares in subsidiaries
which involved change in the scope of consolidation
Expenditure for acquiring shares in affiliates
Proceeds from sale of shares in affiliates
OthersNet cash provided by (used in) investing activities

10

Three months ended
June 30, 2011
(April 1, 2011–June 30, 2011)

2,647
528
—
87
(123)
(236)
(75)
16
—
(85)
(51)
(98)
6
(126)

(353)
428
22
78
(68)
(267)
(160)
18
41
(86)
(0)
42
3
—

142

—

10,80378(25)(12,079)
(172)
635
(174)
1,696
90
(12)
(3,473)(1,698)16,744(639)
409(4,257)
(455)
849
(134)
12,214122(6)(4,156)
8,173

(134)
1
(186)
(366)
(51)
(242)

(136)
2
(213)
(400)
(3)
(1)

(1,649)

—

(115)
200
66
(2,478)

—
—
(179)
(931)

Fields Corporation (2767) Summary of Financial Information and Business Results for the First Quarter of the Year Ending March 31, 2012

(Unit: Million yen)Three months ended
June 30, 2010
(April 1, 2010–June 30, 2010)
Cash flows from financing activities
Net increase (decrease) in short-term borrowings
Repayment of long-term borrowings
Redemption of corporate bonds
Dividends paid
OthersNet cash provided by (used in) financing activities
Effect of exchange rate changes on cash and cash equivalents
Increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period(1,209)
(15)
(300)
(738)
(55)
(2,318)(3)(6,498)15,906
9,407

11

Three months ended
June 30, 2011
(April 1, 2011–June 30, 2011)
—
(18)
(300)
(755)
(5)
(1,080)(1)
6,159
15,632
21,791Fields Corporation (2767) Summary of Financial Information and Business Results for the First Quarter of the Year Ending March 31, 2012

(4) Note regarding the operation of the company as a going concern
Three months ended June 30, 2011 (April 1, 2011 to June 30, 2011)
No relevant items(5) Segment information
I. Three months ended June 30, 2010 (April 1, 2010 to June 30, 2010)
1. Information on net sales and income (loss) by reportable segment(Unit: Million yen)
Pachinko/
SportsPachislot Mobile Field Entertainment Other Field(PS) Field
Field

Adjustment(Note 1)

Total

Amount in thequarterly
consolidated
statement ofincome(Note 2)

Net sales
Sales to third parties

19,135

494

546

1,167

21,344—

21,344

Inter-group net sales ortransfers

66

0

1

5

74

(74)

—

19,201

495

548

1,173

21,418(74)

21,344

2,343

99

(64)

(55)

2,322

26

2,348

Total

Segment income (loss)(Notes) 1. Adjustment of segment income (¥26 million) has been derived from the elimination of inter-group transactions.
2. Segment income (loss) is adjusted on operating income on the quarterly consolidated statement of income.
2. Information on impairment loss on fixed assets, goodwill, etc. by reportable segment(Significant impairment loss on fixed assets)
No relevant items(Significant changes in the amount of goodwill)In the Other Field segment, the Company acquired shares of Tsuburaya Productions Co., Ltd. and Digital Frontier Inc. as theCompany’s consolidated subsidiaries.
As a result of this event, goodwill increased by ¥2,732 million during the first quarter of the year ended March 31, 2010.
(Significant income related to negative goodwill)
No relevant items

12Fields Corporation (2767) Summary of Financial Information and Business Results for the First Quarter of the Year Ending March 31, 2012

II. Three months ended June 30, 2011 (April 1, 2011 to June 30, 2011)
1. Information on net sales and income (loss) by reportable segment(Unit: Million yen)
Pachinko/
SportsPachislot Mobile Field Entertainment Other Field(PS) Field
Field

Total

Adjustment(Note 1)

Amount in thequarterly
consolidated
statement ofincome(Note 2)

Net sales
Sales to third parties

15,916

501

521

695

17,635—

17,635Inter-group net sales ortransfers

62

117

2

224

406

(406)

—

Total

15,979

618

524

920

18,041(406)

17,635

Segment income (loss)

(140)

26

(34)

(78)

(226)

1

(225)

(Notes) 1. Adjustment of segment income (¥1 million) has been derived from the elimination of inter-group transactions.
2. Segment income (loss) is adjusted on operating income on the quarterly consolidated statement of income.
2. Information on impairment loss on fixed assets, goodwill, etc. by reportable segment
No relevant items(6) Note regarding occurrence of significant change in amount of shareholders’ equity
No relevant items

13