SUPPLEMENTALCONSOLIDATEDFINANCIAL DATA(BASED ON JAPANESE GAAP)CONTENTSCONDENSED CONSOLIDATED BALANCE SHEETS(BASED ON JAPANESE GAAP) ........................................................... 60
CONDENSED CONSOLIDATED STATEMENTS OF INCOME(BASED ON JAPANESE GAAP) ........................................................... 62

SECOM CO., LTD.

ANNUAL REPORT 2005 59

CONDENSEDCONSOLIDATEDBALANCE SHEETS(BASED ON JAPANESE GAAP)SECOM CO., LTD. and Subsidiaries
As of March 31

ASSETS

In millions of yen
2005

Current assets:
Cash on hand and in banks ..............................................
Call loans ...........................................................................
Notes and accounts receivable, trade .............................
Due from subscribers .......................................................
Short-term investments....................................................
Inventories .........................................................................
Deferred income taxes......................................................
Short-term loans ...............................................................
Other current assets..........................................................
Allowance for doubtful accounts.....................................
Total current assets................................................

2004

2003

2002

2001

2000

¥0,246,693 ¥0,202,630 ¥0,175,776 ¥0,192,437
10,00038,00030,00040,00050,18346,81343,922
46,048
16,204
17,561
16,336
14,39573,252
47,34336,402
31,321
40,97945,47741,33955,387
8,207
9,768
7,678
9,111
46,37558,79351,35590,61017,676
17,205
19,65017,441(1,297)(4,925)(1,558)(1,501)
508,274
478,668
420,903495,251¥135,820
35,69045,904
12,13741,03349,8605,785
36,682
14,334(1,092)
376,156¥156,888
11,00045,112
11,713
98,47952,4005,541—
38,707(973)
418,870

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

72,816
64,104
65,151
21,50979,07265,31580,507
19,05090,82365,02687,853
17,31368,80478,32863,547
19,321

34,83573,16948,427
19,54033,18068,52145,31819,065Intangible assets ...............................................................

27,58233,82034,544

37,46032,22523,193

243,031207,654
188,880
158,438
42,983
63,799102,448
86,42018,50922,52338,05638,29943,78655,52852,09837,452(10,292)(14,060)(8,010)(12,341)
589,183
613,211
669,034
575,731
90
187
192
207
—
———
¥1,097,548 ¥1,092,067 ¥1,090,131 ¥1,071,190

153,553
59,586
12,21430,449(7,567)456,435410—¥833,001

70,17034,02012,73624,972(5,637)
325,541
1,294
18,784¥764,491

Investments and others:
Investment securities ....................................................
Long-term loans ............................................................
Deferred income taxes ..................................................
Other investments .........................................................
Allowance for doubtful accounts .................................
Total fixed assets....................................................
Deferred assets .....................................................................
Foreign currency translation adjustments.........................
Total assets ............................................................

60 SECOM CO., LTD.

ANNUAL REPORT 2005

In millions of yen

LIABILITIESCurrent liabilities:
Notes and accounts payable, trade .................................
Bank loans .........................................................................
Current portion of straight bonds......................................
Current portion of convertible bonds...............................
Payables—other ................................................................
Accrued income taxes ......................................................
Accrued consumption taxes.............................................
Accrued expenses .............................................................
Deferred revenue ..............................................................
Accrued bonus ..................................................................
Other current liabilities .....................................................
Total current liabilities ...........................................

2005

2004

2003

2002

2001

2000¥0,015,693 ¥0,018,460 ¥0,015,529 ¥0,016,401
108,172
119,344
135,540
90,194
690
200
—
5,000
—
18
—
33
18,95917,743
19,58020,22916,197
17,083
10,75623,002
2,698
3,792
3,444
3,030
2,275
2,304
1,837
1,828
28,53228,45928,851
27,373
8,758
8,490
8,852
8,834
44,24545,28335,14029,045
246,222
261,181259,531
224,972¥015,854
79,4095,000—
19,243
18,263
3,196
10,56327,433—
23,595202,560¥016,342
77,896——35,803
13,6472,939
9,899
26,087—31,646214,261

Fixed liabilities:
Straight bonds...................................................................
Convertible bonds.............................................................
Long-term loans ................................................................
Guarantee deposits received ...........................................
Deferred income taxes......................................................
Accrued severance indemnities.......................................
Accrued pension and severance costs ............................
Investment deposits by policyholders, unearned
premiums and other insurance liabilities .....................
Other fixed liabilities.........................................................
Total fixed liabilities ...............................................
Total liabilities ........................................................

40,940—14,51328,737423—
12,61732,800—43,53029,160371—
12,89932,00018
48,301
28,304459—
45,21030,50018
48,671
26,174
1—
49,6175,000
518
10,742
17,938
1,320
—
7,181

10,000578
4,934
17,086—2,651—

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

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

274,476
4,033
432,803692,335

268,519
3,164
426,666
651,639

168,648
2,448
213,799
416,360

112,8311,932
150,014364,275

MINORITY INTEREST IN SUBSIDIARIES ............................

32,16329,77028,042

27,401

27,04927,442

66,37782,553
346,510
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

66,36082,536
250,400(246)(6,759)(141)392,149

66,12682,302
250,409
4,846(14,089)(3)
389,592

66,09682,272
224,446——(42)
372,773¥1,097,548 ¥1,092,067 ¥1,090,131 ¥1,071,190¥833,001¥764,491

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 interest in
subsidiaries and shareholders’ equity ...............

SECOM CO., LTD.

ANNUAL REPORT 2005 61

CONDENSEDCONSOLIDATEDSTATEMENTS OF
INCOME(BASED ON JAPANESE GAAP)SECOM CO., LTD. and Subsidiaries
Years ended March 31

In millions of yen2005

2004

2003

2002

2001

2000

Revenue .............................................................................. ¥547,230
Percentage change from prior year...........................
3.8%¥527,409
0.8%¥523,271
5.1%¥497,921
9.4%¥454,960
10.8%¥410,492
16.5%

Cost of revenue .................................................................
As a percentage of revenue .......................................

341,466
62.4

324,759
61.6

325,95262.3

319,82664.2

278,91161.3

245,31759.8

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

205,76437.6

202,650
38.4

197,31937.7

178,09435.8

176,04938.7

165,174
40.2

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

122,720
22.4

121,363
23.0

124,41623.8

135,07127.2

110,787
24.4

103,658
25.2

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

83,04315.2

81,28615.4

72,902
13.9

43,022
8.6

65,261
14.3

61,51515.0

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

11,942
11,507

7,798
12,841

8,672
11,512

8,088
9,569

11,333
10,32015,894
8,411

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

83,47815.3

76,24314.5

70,063
13.4

41,541
8.3

66,27414.6

68,99716.8

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

11,381
10,10531,86024,892

13,587
15,72833,491
53,15024,61826,597

6,739
4,170

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

84,754
15.5

83,211
15.8

67,921
13.0

21,882
4.4

64,295
14.1

71,566
17.4

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

28,7234,145
3,367

30,9628,985
2,152

27,8082,171
2,35837,095(23,550)(1,246)30,011(2,057)801

27,395(1,757)3,111

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

48,5178.9
18.0

41,111
7.8
15.5

35,583
6.8
271.3

9,583
1.9
(73.0)

35,540
7.8(17.0)

42,817
10.4(12.8)

62 SECOM CO., LTD.

ANNUAL REPORT 2005