CONSOLIDATED FINANCIAL HIGHLIGHTS

Aug 13th, 2010

Company code number:
Shares traded:Company Representative:
Contact for further Information:
Telephone:
Date of annual general meeting of shareholders:Planned date of dividend payments:
Planned FSA filing submission date:
Adoption of U.S. accounting standards:

3730( URL : http://www.macromill.com/)
Tokyo Stock Exchange , 1stsection
Tetsuya Sugimoto, Chairman and President
Yasuhiro Kihara, Chief Financial Officer+81-3-6716-0700
September 29th, 2010
September 30th, 2010
September 30th, 2010
None

1. Consolidated operating results ( July 1, 2009 to June 30, 2010 )(1) Consolidated financial results(In millions of yen, with fractional amounts discarded)(Percent figures show projected year-on-year change for previous year)

Net sales

Operating income(Millions of yen)%

(Millions of yen)

Ordinary income

Net income%(Millions of yen)%

(Millions of yen)%

June 30, 2010

7,353

(5.2)

2,129

22.0

2,135

21.8

1,266

34.5

June 30, 2009

7,755

4.6

1,745

(19.0)

1,753(18.7)

941(19.4)Net income per

Net income per

Return on equity

Ratio of ordinary

Ratio of operating

share

share (diluted)

ratio

income to total assets

income to net sales(Yen)

June 30, 2010
June 30, 2009

(Yen)

10,182.23
7,431.26％

10,126.47
-

％

19.2
17.4

％

25.8
24.0

(Note) Gains or losses on investments through equity method accounting:June 2010 term:(21)million yen
June 2009 term:

29.0
22.5

(33) million yen(2) Consolidated financial position
Total assets(Millions of yen)

Net assets

Equity ratio

Net assets per share(Millions of yen)

％

(yen)

June 30, 2010

9,313

7,734

82.8

57,740.64

June 30, 2009

7,249

5,909

75.1

44,088.29(Note) Total equity

June 2010 term: 7,711million yen

June 2009 term: 5,447million yen(3) Consolidated cash flow statements
Cash flows fromoperating activities(Millions of yen)

Cash flows frominvesting activities

Cash flows fromfinancing activities

Cash and cash
equivalents , End ofyear(Millions of yen)

(Millions of yen)

(Millions of yen)

June 30, 2010

1,774

(621)

924

4,909

June 30, 2009

1,133

(922)

(843)

2,842

-1-

2.

Dividends
Annual dividend per share(Record date)June 30, 2009
June 30, 2010
June 30, 2011
(Forecast)
3.

InterimEnd of term

AnnualTotal dividend
paid(annual)Dividend
payout ratio(Consolidated)(Millions of yen)

Dividend/net
assets(Consolidated)

(Yen)

(Yen)

(Yen)

%

%

1,500.00
1,500.00

1,800.00
1,800.00

3,300.00
3,300.00

413
425

44.4
32.4

7.7
6.5

2,000.00

1,800.00

3,800.00

-

44.6

-

Consolidated forecasts for June 2011 term (From July 1, 2010 to June 30, 2011)(Percent figures show projected year-on-year change for relevant period)
Net sales(Millions of yen)Interim term
Annual4.

5,821
12,530Operating income％ (Millions of yen)

64.4
70.4

900
2,467

Ordinary income％ (Millions of yen)

2.5
15.9

920
2,506

Net income

Net income％ (Millions of yen)

6.1
17.3

398
1,304

per share％(Yen)(32.3)
3.0

2,629.72
8,516.51

Others(1) Changes in major subsidiary status during period under review (affecting specific subsidiaries due to changes in scopeof consolidation): Yes
New: None
Excluded: 1 (Company name: AIP Corporation)(2) Changes in principles/methods of accounting treatment, presentation method or other items related to preparation of
consolidated financial statements (basis of presentation and significant accounting policies)
1) Changes related to revision of accounting standards: None
2) Changes other than those included in 1) above: None
(3) Number of outstanding shares (Common share)
1) Number of outstanding shares at end of term (including treasury stock):
June 30, 2010:
138,586 shares
June 30, 2009:
128,586 shares
2) Number of treasury stock at end of term:
June 30, 2010:
5,026 shares
June 30, 2009:
5,026 shares(Note) Please refer to p.10 (“Per share information”) regarding the number of shares used as the basis for the
calculation of net income per share (consolidated).

-2-

(Reference) Non-consolidated operating results
1. Non-consolidated operating results (July 1, 2009 to June 30, 2010)(1) Non-consolidated financial results(Percentage figures show projected year-on-year change for previous year)
Net sales(Millions of yen)

June 30, 2010
June 30, 2009

Operating income
%

7,171
6,866

4.4
7.8

Net income per share(Millions of yen)

2,155
1,758

22.6
(12.3)

Ordinary income(Millions of yen)

2,205
1,811

Net income%(Millions of yen)

21.8
(10.8)

1,167
1,054

%

10.8
(11.8)Net income per share(diluted)(Yen)

June 30, 2010
June 30, 2009

%

(Yen)

9,390.00
8,319.03

9,338.58-(2) Non-consolidated financial position
Total assets

June 30, 2010
June 30, 2009
(Note) Total equity

Net assets

Equity ratio(Millions of yen)

(Millions of yen)

9,382
6,915

7,798
5,675

June 2010 term: 7,775million yen

Net assets per share
%

82.9
81.6

(Yen)

58,219.09
45,640.86

June 2009 term: 5,639 million yen* Disclaimer regarding appropriate use of forecasts and related points of note
The above forecasts were based on information that was available as of the day of this announcement and on
assumptions made as of the same day regarding a number of uncertainties that could affect future financial
performance. Actual results could differ considerably depending on a variety of factors hereafter.

-3-

Consolidated Balance Sheets
Description(Thousands of yen)

As of June 30, 2009

As of June 30, 2010

AmountAmountAssetsCurrent assets
Cash and deposits

2,842,041

5,209,063

Notes and accounts receivable-trade

1,460,717－

1,451,541
3,270Preproduction

7,112
－

Supplies

2,887

1,490

Deferred tax assets

256,582

287,873

Other

136,023

Allowance for doubtful accounts(1,205)

116,716(1,028)4,704,160

7,295,192

Short-term investment securities
Work in process

Total current assets

220,000
6,264

Noncurrent assets
Property, plant and equipment
Buildings and structures, net

73,32459,287

Tools, furniture and fixtures, net

110,683

Land

136,455－

Construction in progress

16,3405,328

Total property, plant and equipment

226,121

175,744

Software455,088314,809

Goodwill

108,957

98,721

Other

17,023

8,565

Total intangible assets

581,069

422,096

1,416,413－

960,217

Other

323,243296,848

Allowance for doubtful accounts(1,317)(871)

Total investments and other assets

1,738,339

1,420,349

2,545,530

2,018,190

7,249,691

9,313,382

445

Intangible assets

Investments and other assets
Investment securities
Long-term loans receivable

Total noncurrent assets
Total assets-4-

164,155(Thousands of yen)

Description

As of June 30, 2009

As of June 30, 2010

AmountAmountLiabilities
Current liabilities
Accounts payable-other314,505

Income taxes payable

326,518

303,232
515,105

Allowance for panelists-points

543,232

586,220

Other

155,667

174,505

1,339,923

1,579,063

1,339,923

1,579,063

Capital stock

930,358

1,597,858

Capital surplus

963,899

1,631,399

Retained earnings

4,097,676

4,959,382

Treasury stock(447,796)(447,796)

Total shareholders' equity

5,544,138

7,740,843

Valuation difference on available-for-sale securities(70,163)

Foreign currency translation adjustment(26,426)(29,004)－

Total valuation and translation adjustments(96,589)(29,004)

Subscription rights to shares

36,37722,479Minority interests

425,840－

Total net assets

5,909,767

7,734,319

7,249,691

9,313,382

Total current liabilities
Total liabilities
Net assets
Shareholders' equity

Valuation and translation adjustments

Total liabilities and net assets-5-Consolidated Statements of Income
Description(Thousands of yen)

As of June 30, 2009

As of June 30, 2010

AmountAmountNet sales

7,755,714

7,353,423

Cost of sales

3,730,149

3,285,862

Gross profit

4,025,564

4,067,561

Selling, general and administrative expenses

2,280,361

1,938,165

Operating income

1,745,203

2,129,395

54,52350,993

Dividends income

4,285

3,160

Other

7,231

4,311

Total non-operating income

66,03958,464267－

Loss on transfer of accounts receivable

3,626

2,387

Foreign exchange losses

19,63020,374Equity in losses of affiliates

33,294－

21,475

978

1,971

57,79952,082

1,753,444

2,135,778

Non-operating income
Interest income

Non-operating expenses
Interest expenses

Stock issuance cost
Other
Total non-operating expenses
Ordinary income

5,874

Extraordinary income
Gain on sales of subsidiaries and affiliates' stocks

－

2,083

Gain on reversal of subscription rights to shares－

36,377

Total extraordinary income－

38,461
7,003

Loss on valuation of investment securities

25,096－

97,533

Total extraordinary losses

25,096

104,537

1,728,347

2,069,702

Income taxes-current

789,969

895,205

Income taxes-deferred(26,613)(79,836)

Total income taxes

763,356

815,368

Minority interests in income

23,234(12,151)

Net income

941,756

1,266,484

Extraordinary loss
Loss on retirement of noncurrent assets

Income before income taxes and minority interests-6-Consolidated Statements of Changes in Shareholders’ equity
Description(Thousands of yen)

As of June 30, 2009

As of June 30, 2010

AmountAmountShareholders' equity
Capital stock

930,358

930,358

Issuance of new shares－

667,500

Total changes of items during the period－

667,500

930,358

1,597,858

963,899

963,899

Issuance of new shares－

667,500

Total changes of items during the period－

667,500

963,899

1,631,399

3,559,376

4,097,676

Dividends from surplus(397,125)(407,748)

Net income

941,756

1,266,484

Change of scope of consolidation(6,330)2,968

Total changes of items during the period

538,300

861,705

4,097,676

4,959,382－(447,796)

Purchase of treasury stock(447,796)－

Total changes of items during the period(447,796)－(447,796)(447,796)

5,453,634

5,544,138

Issuance of new shares－

1,335,000

Dividends from surplus(397,125)(407,748)

Net income

941,756

Purchase of treasury stock(447,796)

1,266,484－

Change of scope of consolidation(6,330)2,968

Total changes of items during the period

90,5042,196,705

5,544,138

7,740,843(51,613)(70,163)

Balance at the end of previous period
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

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

Balance at the end of current period
Valuation and translation adjustments
Valuation difference on available-for-sale securities
Balance at the end of previous period-7-Description

As of June 30, 2009

As of June 30, 2010

AmountAmountChanges of items during the period
Net changes of items other than shareholders'(18,549)

41,158(18,549)

41,158(70,163)(29,004)(7,468)(26,426)(18,958)

26,426(18,958)

26,426(26,426)－(59,082)(96,589)(37,507)

67,585(37,507)

67,585(96,589)(29,004)

30,31436,377

6,062(13,898)

6,062(13,898)

36,37722,479416,731425,8409,109(425,840)

9,109(425,840)

425,840－

5,841,598

5,909,767

Issuance of new shares－

1,335,000

Dividends from surplus(397,125)(407,748)

Net income

941,756

Purchase of treasury stock(447,796)

1,266,484－(6,330)2,968(22,334)(372,154)

68,1691,824,551

5,909,767

7,734,319

equityTotal 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'equityTotal changes of items during the period
Balance at the end of current period
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'equityTotal changes of items during the period
Balance at the end of current period
Subscription rights to shares
Balance at the end of previous period
Changes of items during the period
Net changes of items other than shareholders'equityTotal 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 thanshareholders' equity
Total changes of items during the period
Balance at the end of current period
Total net assets
Balance at the end of previous period
Changes of items during the period

Change of scope of consolidation
Net changes of items other thanshareholders' equity
Total changes of items during the period
Balance at the end of current period-8-Consolidated statements of cash flow

(Thousands of yen)

Description

As of June 30, 2009

As of June 30, 2010

AmountAmountNet cash provided by (used in) operating activities

Other, net

1,728,347
276,057
108,957
722
91,752(58,808)267
16,19133,29425,096－－－(90,203)
872(63,378)(6,408)14,4072,069,702
239,932
44,660(623)
67,038(54,153)－
10,44921,475
7,003(2,083)(36,377)
97,533(94,940)(6,507)(10,634)
15,65275,292

Subtotal

2,077,170

2,443,421

Interest and dividends income received
Income taxes paid

42,085(267)(985,478)

48,077－(716,754)

Net cash provided by (used in) operating activities

1,133,509

1,774,743－(186,000)
200,000(119,461)(139,949)(692,273)(300,000)－－(44,837)(105,857)(89,000)－

300,000

32,955(3,279)

6,838
－

－

(117,026)－(100,271)

Other, net－(14,508)(164,155)(7,050)Net cash provided by (used in) investing activities(922,516)(621,360)

300,000(300,000)(395,231)－－－(406,206)
1,330,327

Income before income taxes and minority interests
Depreciation and amortization
Amortization of goodwill
Increase (decrease) in allowance for doubtful accounts
Increase/decrease in allowance for panelists-points
Interest and dividends income
Interest expenses
Foreign exchange losses (gains)
Equity in (earnings) losses of affiliates
Loss on retirement of noncurrent assets
Loss (gain) on sales of stocks of subsidiaries and affiliates
Gain on reversal of subscription rights to shares
Loss (gain) on valuation of investment securities
Decrease (increase) in notes and accounts receivable-trade
Decrease (increase) in inventories
Increase (decrease) in accounts payable-other
Increase (decrease) in accrued consumption taxes

Interest expenses paid

Net cash provided by (used in) investing activities
Payments into time deposits
Purchase of short-term investment securities
Proceeds from sales and redemption of securities
Purchase of property, plant and equipment
Purchase of software
Purchase of investment securities
Proceeds from sales and redemption of investment
securities
Proceeds from collection of lease and guarantee deposits
Payments for lease and guarantee deposits
Purchase of investments in subsidiaries resulting inchange in scope of consolidation
Proceeds from sales of investments in subsidiaries
resulting in change in scope of consolidation
Payments of loans receivable

Net cash provided by (used in) financing activities
Increase in short-term loans payable
Decrease in short-term loans payable
Cash dividends paid
Proceeds from issuance of common stock-9-

Purchase of treasury stock(448,759)－

Net cash provided by (used in) financing activities(843,990)

924,121

Effect of exchange rate change on cash and cash equivalents(43,418)(10,482)

Net increase (decrease) in cash and cash equivalents(676,416)

2,067,021

Cash and cash equivalents at beginning of period

3,497,051

2,842,041

21,406－

2,842,041

4,909,063

Increase (decrease) in cash and cash equivalents resulting
from change of scope of consolidation
Cash and cash equivalents at end of period(Per share information)(Yen)
Net assets per share
Net income per share
Fully diluted net income per share

June 30, 2009
44,088.29
7,431.26－

June 30, 2010
57,740.64
10,182.23
10,126.47(Note) The basic facts underlying calculations of net income per share are as follows.
(Thousands of yen)
Net income
Amount not attributable to common shareholders
Net income per common share
Average number of shares outstanding during term
(number of shares)

Supplementary Information
Description

June 30, 2009

June 30, 2010

941,756－

1,266,484－

941,756

1,266,484

126,729

124,382(Thousands of yen)

June 30, 2010
AmountIncrease(Decrease)%

Automatic research

4,405,017(1.0)

Tabulation

484,352

19.9

Analysis567,920

14.7

Group interview

405,891

23.0

Customized research

594,724(13.8)

Global research

289,770(63.0)

Mobile research

87,683

15.6

Other

518,063

(2.4)

Total

7,353,423(5.2)

Note: Consumption tax is excluded from the amounts.

- 10 -

Non-Consolidated Balance sheets(Thousands of yen)

Description

As of June 30, 2009

As of June 30, 2010

AmountAmountAssetsCurrent assets

2,079,580

5,161,499

Notes receivable-trade51,29455,512

Accounts receivable-trade

1,289,104

1,397,161－

220,000

Work in process

5,964

3,270

Supplies

2,887

1,490

Prepaid expenses

85,82373,714

Deferred tax assets

246,496

287,873

Cash and deposits

Short-term investment securities

Other

28,16051,360Allowance for doubtful accounts(1,205)(1,028)3,788,106

7,250,855

112,046

120,257

Accumulated depreciation(47,654)(60,969)

Buildings, net

64,391

59,287

Total current assets
Noncurrent assets
Property, plant and equipment
Buildings

Tools, furniture and fixtures

363,754410,351

Accumulated depreciation(242,080)(299,667)

Tools, furniture and fixtures, net

121,674

110,683－

445

Construction in progress

16,3405,328

Total property, plant and equipment

202,406

175,744120

70

375,590314,576

Software in progress

2,340

8,494

Total intangible assets

378,051

323,141

1,270,071

829,013

Stocks of subsidiaries and affiliates

866,019

212,507

Bonds of subsidiaries and affiliates

131,203131,203

Lease and guarantee deposits

228,009

227,469－

164,155

－

800

1,317

871

51,166

61,707－

6,000

Allowance for doubtful accounts(1,317)(871)

Total investments and other assets

2,546,470

1,632,857

3,126,928

2,131,743

6,915,034

9,382,599

Land

Intangible assets
Design right
SoftwareInvestments and other assets
Investment securities

Long-term loans receivable from subsidiaries andaffiliates
Long-term prepaid expenses
Claims provable in bankruptcy,
claims provable in rehabilitation and other
Deferred tax assets
Other

Total noncurrent assets
Total assets- 11 -

(Thousands of yen)

Description

As of June 30, 2009

As of June 30, 2010

AmountAmountLiabilities
Current liabilities

291,975

Accounts payable-other317,835

Accrued expenses

16,865

19,724

Income taxes payable

318,470

512,647

Accrued consumption taxes

45,68466,028Advances received

32,66867,053

Allowance for panelists-points

519,825586,220

Other

13,783

14,8681,239,272

1,584,377

1,239,272

1,584,377

930,358

1,597,858

Legal capital surplus

963,899

1,631,399

Total capital surpluses

963,899

1,631,399

4,263,086

5,023,284

4,263,086

5,023,284

Treasury stock(447,796)(447,796)

Total shareholders' equity

5,709,548

7,804,746

Valuation difference on available-for-sale securities(70,163)(29,004)

Total valuation and translation adjustments(70,163)(29,004)

36,37722,4795,675,762

7,798,221

6,915,034

9,382,599

Total current liabilities
Total liabilities
Net assets
Shareholders' equity
Capital stock
Capital surplus

Retained earnings
Other retained earnings
Retained earnings brought forward
Total earned surpluses

Valuation and translation adjustments

Subscription rights to shares
Total net assets
Total liabilities and net assets- 12 -

Non-Consolidated Statements of income
Description(Thousands of yen)

As of June 30, 2009

As of June 30, 2010

AmountAmountNet sales

6,866,050

7,171,507

Cost of sales

3,316,349

3,234,803

Gross profit

3,549,700

3,936,704

Selling, general and administrative expenses

1,791,143

1,781,038

Operating income

1,758,557

2,155,665

Interest income

3,833

2,474

Interest on securities

49,173

48,410

Dividends income

4,285

3,160

281

4,773

57,57358,818

267

－

3,626

2,387
－

Non-operating income

Other
Total non-operating income
Non-operating expenses
Interest expenses
Loss on transfer of accounts receivable
Stock issuance cost962－

Foreign exchange losses

－

770

Other

33

50

4,891

9,082

1,811,239

2,205,401

Gain on reversal of subscription rights to shares－

36,377

Total extraordinary income－

36,377

24,346－2,075
170,091－

97,533

Total extraordinary losses

24,346

269,700

Income before income taxes

1,786,892

1,972,078

Commission for purchase of treasury stock

Total non-operating expenses
Ordinary income

5,874

Extraordinary income

Extraordinary loss
Loss on retirement of noncurrent assets
Loss on sales of stocks of subsidiaries and affiliates
Loss on valuation of investment securities

Income taxes-current

757,589884,299

Income taxes-deferred(24,959)(80,167)

Total income taxes

732,630

804,132

1,054,262

1,167,946

Net income- 13 -