SUPPLEMENTAL CONSOLIDATED FINANCIAL DATA(BASED ON JAPANESE GAAP)CONTENTS
Condensed CONSOLIDATED BALANCE SHEETS(Based on Japanese gaap)............................................................................................ 66
Condensed CONSOLIDATED STATEMENTS OF INCOME(Based on Japanese gaap)............................................................................................ 68

Secom Co., Ltd.

Annual Report 200865

SUPPLEMENTAL CONSOLIDATED FINANCIAL DATA(BASED ON JAPANESE GAAP)

Condensed CONSOLIDATED BALANCE SHEETS (Based on Japanese GAAP)SECOM CO., LTD. and Subsidiaries
As of March 31
In millions of yenASSETS

2008

2007

2006

2005

2004

2003

Current assets:
Cash on hand and in banks.............................................. ¥0,200,403 ¥0,181,266 ¥ 271,780 ¥0,246,693 ¥0,202,630 ¥0,175,776
Cash deposits for armored car services..........................
63,69675,328————Call loans...........................................................................
19,00015,00025,00010,00038,00030,000Notes and accounts receivable, trade.............................
85,59583,39752,66750,18346,81343,922
Due from subscribers.......................................................
21,125
19,217
17,678
16,204
17,561
16,336
Short-term investments....................................................
9,306
18,171
83,80973,252
47,34336,402Inventories.........................................................................
27,08025,94564,19440,97945,47741,339Inventories for real estate for sales.................................
90,23071,724————
Deferred income taxes......................................................
11,84011,597
9,462
8,207
9,768
7,678
Short-term loans receivable.............................................
7,246
5,097
15,564
46,37558,79351,355
Other..................................................................................
13,827
19,66013,419
17,676
17,205
19,650Allowance for doubtful accounts.....................................
(1,813)(1,923)(1,617)(1,297)(4,925)(1,558)				 Total current assets................................................
547,538
524,484
551,959
508,274
478,668
420,903

Fixed assets:
Tangible assets:		 Buildings and improvements.......................................		 Security equipment and control stations....................		 Land................................................................................		 Other...............................................................................

84,54565,45081,71633,63687,306
63,67580,341
29,48577,27063,07065,542
28,18372,816
64,104
65,151
21,50979,07265,31580,507
19,05090,82365,02687,853
17,313

Intangible assets...............................................................

22,332

23,294

24,384

27,58233,82034,544

Investments and others:		 Investment securities....................................................
241,957
243,148
231,096
243,031207,654
188,880		 Long-term loans receivable..........................................
54,59955,22357,56442,983
63,799102,448		 Prepaid pension and severance costs.........................
17,834
15,817
11,186
1,527——		 Deferred income taxes..................................................
22,74015,654
11,256
18,50922,52338,056		 Other...............................................................................
47,57945,692
41,21742,25855,52852,098		 Allowance for doubtful accounts.................................
(17,455)(15,161)(13,401)(10,292)(14,060)(8,010)				 Total fixed assets....................................................
654,936
644,478
597,370
589,183
613,211
669,034
Deferred assets.....................................................................
365
219
4790
187
192				 Total assets ............................................................ ¥1,202,840 ¥1,169,182 ¥1,149,377 ¥1,097,548 ¥1,092,067 ¥1,090,131

66

Secom Co., Ltd.

Annual Report 2008

In millions of yen

LIABILITIES

2008

2007

2006

2005

2004

2003

Current liabilities:
Notes and accounts payable, trade................................ ¥0,030,459 ¥0,028,469 ¥ 18,652 ¥0,015,693 ¥0,018,460 ¥0,015,529
Bank loans........................................................................
136,034
129,169
112,868
108,172
119,344
135,540
Current portion of straight bonds...................................
1,936
3,356
32,210690
200—
Current portion of convertible bonds.............................
————
18—
Payables—other...............................................................
28,98829,88826,34018,95917,743
19,580Accrued income taxes.....................................................
24,61024,97322,15916,197
17,083
10,756
Accrued consumption taxes............................................
3,456
3,366
2,588
2,698
3,792
3,444
Accrued expenses............................................................
3,641
3,198
2,085
2,275
2,304
1,837
Deferred revenue.............................................................
32,061
31,18830,74728,53228,45928,851
Accrued bonuses..............................................................
12,21011,409
8,981
8,758
8,490
8,852
Accrued bonuses to directors and corporate auditors....
—
80—
—
—
—
Other.................................................................................
46,33758,66546,80544,24545,28335,140				 Total current liabilities..........................................
319,737
323,766
303,440
246,222
261,181259,531
Long-term liabilities:
Straight bonds..................................................................
Convertible bonds............................................................
Long-term loans...............................................................
Guarantee deposits received..........................................
Deferred income taxes.....................................................
Accrued pension and severance costs...........................
Accrued retirement benefits for directors andcorporate auditors..........................................................
Investment deposits by policyholders, unearned
premiums and other insurance liabilities....................
Other.................................................................................				 Total long-term liabilities......................................				 Total liabilities........................................................
Minority interests in subsidiaries . ......................
Shareholders’ equity
Common stock.................................................................
Capital surplus..................................................................
Retained earnings............................................................
Unrealized gains (losses) on securities..........................
Foreign currency translation adjustments.....................
Common stock in treasury, at cost.................................				 Total shareholders’ equity....................................				 Total liabilities, minority interests in				 subsidiaries and shareholders’ equity ............. ¥13,524—20,02432,532
5,042
16,096

13,941—
14,36332,164
2,717
17,596

11,180—13,44428,982
1,079
11,36240,940—14,51328,737423
12,61732,800—43,53029,160371
12,89932,00018
48,301
28,304459
45,210

2,220

2,300

1,565

—

—

—

162,329
1,057
252,828
572,565

160,142
1,073
244,299
568,065

245,644
1,043
314,303617,743

278,278
1,724
377,234
623,457

276,979
2,117
397,858
659,040

274,476
4,033
432,803692,335——

35,46932,16329,77028,042

—
—
—
—
—
—
—

—
—
—
—
—
—
—

66,377
83,054
388,077
13,230(9,825)(44,749)
496,164

66,37782,553346,510
8,167(17,123)(44,558)
441,927

66,36882,544308,268
6,079(15,603)(44,400)
403,257

66,36882,544
276,397
116(11,386)(44,287)369,753— ¥— ¥1,149,377 ¥1,097,548 ¥1,092,067 ¥1,090,131

Net Assets
Shareholders’ equity:
Common stock................................................................. ¥ 66,377 ¥ 66,377 ¥Capital surplus..................................................................
83,056
83,056
Retained earnings............................................................
475,987432,696
Common stock in treasury, at cost.................................
(44,877)(44,850)				 Total shareholders’ equity....................................
580,543537,279

— ¥—
—
—
—

— ¥—
—
—
—

— ¥—
—
—
—

—
—
—
—
—

Valuation, translation adjustments and others:
Unrealized gains on securities........................................
Deferred losses on hedges..............................................
Foreign currency translation adjustments.....................				 Total valuation, translation adjustments				 and others............................................................

(3,306)(90)(9,907)

10,157(51)(7,253)

———

—
—
—

—
—
—

———

(13,304)

2,853————

Minority interests in subsidiaries .....................................

63,03560,983—————— ¥—— ¥—— ¥——Annual Report 2008

67				 Total net assets......................................................
630,274
601,116				 Total liabilities and net assets.............................. ¥1,202,840 ¥1,169,182 ¥Secom Co., Ltd.

SUPPLEMENTAL CONSOLIDATED FINANCIAL DATA(BASED ON JAPANESE GAAP)

Condensed CONSOLIDATED STATEMENTS OF INCOME (Based on Japanese GAAP)SECOM CO., LTD. and Subsidiaries
Years ended March 31
In millions of yen2008

2007

2006

2005

2004

2003

Revenue................................................................................		 Percentage change from prior year............................

¥682,619 ¥613,976¥567,315 ¥547,230¥527,409 ¥523,271
11.2%
8.2%
3.7%
3.8%
0.8%
5.1%

Costs of revenue .................................................................		 As a percentage of revenue.........................................

433,030
63.4

388,78763.3

351,02061.9

341,466
6­2.4

324,759
61.6

325,952
62.3

Gross profit .........................................................................		 As a percentage of revenue.........................................

249,58936.6

255,18936.7

216,29438.1

205,76437.6

202,650
38.4

197,319
37.7

Selling, general and administrative expenses..................		 As a percentage of revenue.........................................

144,883
21.3

127,348
20.7

122,185
21.5

122,720
22.4

121,363
23.0

124,416
23.8

Operating profit...................................................................		 As a percentage of revenue.........................................

104,706
15.3

97,84015.9

94,10916.6

83,04315.2

81,28615.4

72,902
13.9

Non-operating income........................................................
Non-operating expenses.....................................................

20,125
10,552

15,087
10,207

15,792
13,232

11,942
11,507

7,798
12,841

8,672
11,512

Ordinary profit.....................................................................		 As a percentage of revenue.........................................

114,278
16.7

102,720
16.7

96,66917.1

83,47815.3

76,24314.5

70,063
13.4

Extraordinary profit.............................................................
Extraordinary loss................................................................

2,748
4,984

2,601
3,317

9,349
11,18911,381
10,10531,86024,892

13,587
15,728

Income before income taxes..............................................		 As a percentage of revenue.........................................

112,043
16.4

102,005
16.6

94,82916.7

84,754
15.5

83,211
15.8

67,921
13.0

Income taxes—current........................................................
Income taxes—deferred......................................................
Minority interest in subsidiaries.........................................

42,602
2,656
5,278

39,961(660)
4,404

34,8883,131
3,815

28,7234,145
3,367

30,9628,985
2,152

27,8082,171
2,358

Net income...........................................................................		 As a percentage of revenue.........................................		 Percentage change from prior year............................

61,506
9.0
5.5

58,2999.5
10.0

52,9949.3
9.2

48,5178.9
18.0

41,111
7.8
15.5

35,583
6.8
271.3

68

Secom Co., Ltd.

Annual Report 2008