Supplemental Nonconsolidated Financial Data
(Based on Japanese GAAP)CONTENTSCONDENSED NONCONSOLIDATED BALANCE SHEETS(BASED ON JAPANESE GAAP)....................................................................................... 68
CONDENSED NONCONSOLIDATED STATEMENTS OF INCOME(BASED ON JAPANESE GAAP)....................................................................................... 70

SECOM Co., Ltd.

67

Supplemental Nonconsolidated Financial Data
(Based on Japanese GAAP)CONDENSED NONCONSOLIDATED BALANCE SHEETS (Based on Japanese GAAP)SECOM CO., LTD.
As of March 31
In millions of yen

ASSETS2007

2006

2005

2004

2003

Current assets:Cash on hand and in banks............................................ ¥ 71,818
Cash deposits for armored car services .......................
67,799Notes receivable .............................................................
667
Due from subscribers .....................................................
10,972
Accounts receivable, trade.............................................
6,952
Receivables—other.........................................................
2,218
Short-term investments .................................................
452
Merchandise....................................................................
5,991
Supplies...........................................................................
1,024
Prepaid expenses............................................................
2,014
Deferred income taxes ...................................................
4,750
Short-term loans receivable ..........................................
14,374
Other ................................................................................
2,615
Allowance for doubtful accounts ..................................
(541)
Total current assets ............................................. 191,111¥167,097
—
476
9,475
6,447
3,876
451
5,928
950
1,798
4,531
12,8852,314(604)
215,630¥135,400
—
552
9,008
6,228
5,822
451
6,740
1,056
1,728
4,629
41,8972,614(2,299)213,831¥117,302
—
292
8,856
5,372
5,680
451
5,673
1,123
1,610
5,890
38,3982,526(5,216)
187,961¥093,044
—
365
8,311
4,695
3,047
7,951
6,738
1,420
1,507
4,642
53,111
2,367(3,602)
183,602¥101,946
—
741
7,726
6,719
3,536
1,479
9,563
1,649
1,857
4,096
40,6592,458(2,959)179,475

2002

Fixed assets:
Tangible assets:
Buildings and improvements.....................................
Automobiles ................................................................
Security equipment and control stations..................
Machinery and equipment .........................................
Tools, furniture and fixtures.......................................
Land..............................................................................
Construction in progress ............................................
Other ............................................................................

22,124136
60,2841,364
4,216
32,0922,980
22

22,811
166
59,442
1,467
4,379
32,2001,919
32

23,943
132
59,836
1,423
4,514
35,1791,692
47

25,836
145
60,6841,427
3,990
36,4392,862
72

28,777525
60,2201,501
3,678
42,1971,463
18

20,576634
75,216
3,571
3,38337,907
2,011
25

Intangible assets:
Telephone rights .........................................................
Telephone and telegraph utility rights ......................
Software.......................................................................
Other ............................................................................

—
83
4,755
3,419

0
112
6,420
83

1,946
147
6,401
84

2,134
207
8,935
457

2,033
540
10,957
800

1,997
634
10,535
1,605

46,16627,65423,874

20,79623,578150,50958,7409,006
22,175
8,670
6,206
4,893
955
(7,998)428,359¥643,990

160,440
17,305
8,816
20,335
1,257
10,4505,153
2,877(4,760)384,880¥598,711

158,279
23,3858,533
19,889—13,728
5,761
7,245(11,306)
392,586¥580,547

159,901
10,0598,489
19,709—18,3795,761
4,889(1,596)399,104¥582,707

160,870
9,748
8,504
1,025
—
19,223
5,406
6,149(1,311)
391,293¥570,769

Investments and others:
Investment securities..................................................
43,165Investments in subsidiaries andaffiliated companies.................................................. 167,914
Long-term loans receivable........................................
71,262
Lease deposits.............................................................
8,973
Long-term prepaid expenses .....................................
24,855Prepaid pension and severance costs .......................
12,213
Deferred income taxes................................................
5,139
Fund for insurance ......................................................
4,893
Other ............................................................................
983
Allowance for doubtful accounts...............................
(7,200)Total fixed assets ................................................. 463,680
Total assets .......................................................... ¥654,791

Annual Report 2007

68In millions of yen

LIABILITIES

2007

2006

2005

2004

2003

2002

3,168
26,06930,00012,987
3,634
15,312
1,509
651
34,442
22,371
5,232
1,938
157,317¥002,113
31,473—
10,201
3,113
10,2791,306
599
31,146
21,727
4,967
1,764
118,694¥002,160
35,66318
10,358
4,666
10,5702,232
634
33,95821,2474,710
1,797
128,019¥002,121
53,503
—
9,605
3,535
6,806
2,157
576
24,74921,0484,920
1,679
130,706¥001,813
15,23433
10,167
3,514
18,163
1,839
619
20,867
20,108
4,939
933
98,234——
18,4495,370——
18,244
5,581

30,000—18,014
5,713

30,0002,300
17,0095,356

30,0183,700
16,72130,37830,018—16,44531,341

1,268
25,088160,637

1,201
25,027
182,344—
53,728172,423—
54,665
182,684—
80,818211,524—
77,805
176,039—

66,377

66,37766,36866,36866,360——83,054
83,05482,55382,55382,54482,54482,54482,54482,536
82,536

—

9,028

9,028

9,028

9,028

9,028

—

800

800

800

800

800

—
—
—
—
—
—
—
—
—

24
2,212
3,036
339,293351,3585,604(44,749)
461,646¥643,990

25
2,212
3,037
306,766
318,832
3,082(44,558)
426,288¥598,711

26
2,212
3,038
279,338
291,405
1,944(44,400)
397,862¥580,547

27
2,212
3,039
254,364
266,431124(44,287)
371,182¥582,707

28
2,212
3,040
233,263245,332642(141)
394,729¥570,769

¥

¥

¥

¥

¥

Current liabilities:
Accounts payable ........................................................... ¥002,573
Bank loans .......................................................................
27,667
Current portion of straight and convertible bonds .......
—
Payables—other..............................................................
12,596
Payables—construction..................................................
3,825
Accrued income taxes ....................................................
15,775
Accrued consumption taxes ..........................................
2,029
Accrued expenses...........................................................
639
Deposits received ...........................................................
41,603
Deferred revenue ............................................................
22,735
Accrued bonuses ............................................................
5,207
Other ................................................................................
895
Total current liabilities......................................... 135,548
Long-term liabilities:
Straight and convertible bonds .....................................
Long-term loans..............................................................
Guarantee deposits received .........................................
Accrued pension and severance costs..........................
Accrued retirement benefits for directors andcorporate auditors ........................................................
Total long-term liabilities ....................................
Total liabilities ......................................................

SHAREHOLDERS’ EQUITYCommon stock ................................................................
Capital surplus:
Additional paid-in capital ...........................................
Total capital surplus ............................................
Retained earnings:
Legal reserve ...............................................................
Voluntary reserve:
Reserve for systems development.........................
Reserve for tax deferral on
asset replacement .................................................
General reserve .......................................................
Total voluntary reserve .......................................
Unappropriated retained earnings ............................
Total retained earnings .......................................
Unrealized gains on securities.......................................
Common stock in treasury, at cost................................
Total shareholders’ equity ..................................
Total liabilities and shareholders’ equity .......... ¥NET ASSETS
Shareholders’ equity:
Common stock ................................................................ ¥ 66,377
Capital surplus:
Additional paid-in capital ...........................................
83,054
Other capital surplus...................................................
1
Total capital surplus ............................................
83,056
Retained earnings:
Legal reserve ...............................................................
9,028
Other retained earnings:
Reserve for systems development.........................
800
General reserve .......................................................
2,212
Accumulated earnings carried forward ................. 372,966
Total retained earnings ....................................... 385,006
Common stock in treasury, at cost................................
(44,850)
Total shareholders’ equity .................................. 489,590
Valuation, translation adjustments and others:
Unrealized gains on securities.......................................
4,564
Total valuation, translation adjustments
and others...........................................................
4,564
Total net assets .................................................... 494,154
Total liabilities and net assets ............................ ¥654,791

SECOM Co., Ltd.

¥¥——————————————————————————————————————————————————————————————————————————
—

69

¥

¥

¥

¥

Supplemental Nonconsolidated Financial Data
(Based on Japanese GAAP)CONDENSED NONCONSOLIDATED STATEMENTS OF INCOME (Based on Japanese GAAP)SECOM CO., LTD.
Years ended March 31
In millions of yen
2007

2006

2005

2004

2003

2002

Revenue .............................................................................. ¥326,076
Percentage change from prior year...........................
4.1%
Service charges............................................................... 282,247
Percentage change from prior year...........................
3.4
Sales of merchandise .....................................................
43,829Percentage change from prior year...........................
9.0¥313,096
5.1%
272,876
4.2
40,22012.1¥297,782
3.2%
261,918
2.0
35,86313.5¥288,493
3.5%
256,883
2.7
31,61011.4¥278,610
1.4%
250,237
2.5
28,373(7.4)¥274,669
6.9%
244,0145.8
30,654
16.6

Costs ...................................................................................
As a percentage of revenue .......................................
Cost of service.................................................................
As a percentage of service charges...........................
Cost of sales ....................................................................
As a percentage of merchandise sales......................

183,34156.2
151,53253.7
31,80972.6

171,80354.9
142,473
52.2
29,32972.9

164,51855.2
138,298
52.8
26,21973.1

159,01855.1
136,14453.0
22,873
72.4

155,49955.8
135,315
54.1
20,184
71.1

162,42759.1
140,000
57.4
22,42773.2

Gross profit ........................................................................
As a percentage of revenue .......................................
Gross profit on service ...................................................
As a percentage of service charges...........................
Gross profit on sales ......................................................
As a percentage of merchandise sales......................

142,73443.8
130,71546.3
12,01927.4

141,29345.1
130,40247.8
10,89027.1

133,26344.8
123,620
47.2
9,643
26.9

129,47544.9
120,738
47.0
8,736
27.6

123,11144.2
114,921
45.9
8,189
28.9

112,24140.9
104,013
42.6
8,227
26.8

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

69,33021.3

69,121
22.0

67,23222.6

65,244
22.6

68,94324.8

73,33926.7

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

73,40422.5

72,172
23.1

66,031
22.2

64,231
22.3

54,16719.4

38,901
14.2

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

7,942
4,763

6,299
7,506

6,241
6,052

4,817
6,892

4,288
4,942

4,661
4,671

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

76,58323.5

70,96422.7

66,21922.2

62,15621.5

53,51319.2

38,891
14.2

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

1,246
1,141

6,147
5,615

1,083
5,915

25,462
29,860

6,543
7,535

28,211
38,712

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

76,68823.5

71,49622.8

61,38820.6

57,75820.0

52,521
18.9

28,390
10.3

Income taxes.......................................................................
Effective tax rate..........................................................

29,443
38.4

27,617
38.6

23,684
38.6

23,475
40.6

21,73641.4

11,441
40.3

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

47,245
14.5
7.7

43,87914.0
16.4

37,70412.7
10.0

34,282
11.9
11.4

30,784
11.0
81.6

16,9486.2(44.6)

Annual Report 200770