Summary of Interim Business Results for FY December 2006
(Consolidated)
Date: August 3, 2006
Company
St o c k C o d eURL
Representative
C o n t a c t

Funai Zaisan Consultants Co., Ltd.

Registered on the TSE Mothers
Head office location: Tokyo8929
http://www.funai-zc.co.jp
Yoshihito Hirabayashi
Ti t l e o f E x e c u t i v e Executive Director, Executive Officer and Administration Manager
Name
Hisao Nakatsuka
TEL
03-5321-7020
Date of the meeting of board of directors
August 3, 2006
Application of US Accounting Standard

None

１. Interim Business Results for Half-Year Ended December 2006 (January 1, 2006 − June 30, 2006)（Note: Rounded down to ¥ Million）(1) Results of Operations
Operating revenue¥ Million%
6,593
17.5
5,612
65.9
11,237

June 2006 Interim
June 2005 Interim
FY ended Dec. 2005

Operating income¥ Million
%
1,269
62.6
781
74.6
1,283
Net income
per share

Net income¥
June 2006 Interim
June 2005 Interim
FY ended Dec. 2005

Million
694
407
640

Ordinary income¥ Million%
1,176
68.4
698
81.3
1,115%

Diluted net income
per share
¥70.4
97.9

26,486.20
31,867.05
24,750.98¥
25,243.58――(Note) 1. Earnings/loss on investments in equity-method affiliates
First half ended June 2006: ¥ 11 million,
First half ended June 2005: ¥ 14 million,Fiscal year ended December 2005: ¥ 33 million
2. Average number of shares outstanding (consolidated)
First half ended June 2006: 26,206 shares,
First half ended June 2005: 12,784 shares,Fiscal year ended December 2005: 25,890 shares
3. Changes in accounting principles applied: None
4. The percentages shown for operating revenue, operating income, ordinary income, and net incomerepresent changes from the same period in the previous fiscal year.
（Note: Rounded down to ¥ Million）(2) Financial Position
Total assets¥ Million
19,26811,366
14,535June 2006 Interim
June 2005 Interim
FY ended Dec. 2005

Shareholders’ equity¥ Million
4,382
3,532
3,732

Shareholders’ equity tototal assets
％
22.5
31.1
25.7

Shareholders’equity per share¥
165,278.72
269,580.85
142,418.27(Note) Number of shares outstanding (consolidated) at end of period:First half ended June 2006: 26,206 sharesFirst half ended June 2005: 13,103 sharesFiscal year ended December 2005: 26,206 shares（Note: Rounded down to ¥ Million）(3) Results of Cash FlowsNet cash flows by
operating activities
June 2006 Interim
June 2005 Interim
FY ended Dec. 2005

¥ Million
1,284-448-3,513

Net cash flows by
investment activities¥ Million-3,739-1,453-842− 1 −Net cash flows by
financial activities¥ Million
3,743
3,113
5,403

Balance of cash and cash
equivalents at the end ofyear¥ Million
5,246
4,121
3,957

(4) Matters concerning the scope of consolidation and the application of the equity method
Consolidated subsidiaries: 11
Unconsolidated subsidiaries accounted for under the equity method: ―Affiliates accounted for under the equity method: 11(5) Changes in the scope of consolidation and affiliates accounted for under the equity method
Consolidated subsidiaries: New: 3 ,Excluded: ―Affiliates accounted for under the equity method: New: 1 ,Excluded: 9２．Forecast of Financial Performance in FY December 2006 (January 1, 2006 − December 31, 2006)

FY ending Dec. 2006

Operating revenue¥ Million
12,750Ordinary income¥ Million
1,500

Net income¥ Million825（Note）Forecast net income per share for the year: 31,481.34 yen
Forward-looking statements
The above forecasts are based on judgments made in accordance with information available at the time thesematerials were prepared. As forecasts embody risks and uncertainties, actual results may differ significantly fromthese forecasts for a number of reasons.

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