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（ＵＲＬ http://www.dac.co.jp/ ）Financial Highlights of Fiscal Year 2005(December 1, 2004 to November 30, 2005)(1) Consolidated

Fiscal Year 2005
Fiscal Year 2004

Operating income

Mil.¥％25,375 ( 67.9)
15,114 ( 47.2)

Mil.¥％1,235 ( 78.7)
691 ( 83.8)

Net income
per share

Diluted net income
per shareYen
562.45-1,521.72

Fiscal Year 2005
Fiscal Year 2004

(2)

Gross billings

Ordinary income

Net incomeMil.¥％
904 ( 40.7)
642 ( 58.8)

Mil.¥％
302 ( -)
-342 ( -)Yen
552.47−

Non-Consolidated

Fiscal Year 2005
Fiscal Year 2004

Fiscal Year 2005
Fiscal Year 2004

Gross billings

Operating income

Ordinary incomeMil.¥％
24,882 ( 67.1)
14,892 ( 45.4)

Mil.¥％
1,194 ( 60.2)
745 ( 91.8)

Mil.¥％
1,288 ( 64.4)
783 ( 85.8)

Net income
per share

Diluted net income
per share

Yen
1,395.86
1,627.34

Net income
Mil.¥％
705 ( 73.1)
407 ( 46.6)

Yen
1,371.08
1,581.30（Note）The percentage shown next to gross billings, operating income, ordinary income and net income represent year-on-yearchanges
On February 3, 2005, DAC declared a two-for-one stock split, effective March 31, 2005.

(3)

Consolidated financial position
Total stockholders
equityTotal assets

Mil.¥
Fiscal Year 2005
Fiscal Year 2004

(4)

10,358
8,766

Shareholders equity Shareholders equity
ratio
per shareMil.¥
6,237
5,855

％
60.2
66.8

Non-consolidated financial position
Total stockholders
equityTotal assets

Mil.¥

Shareholders equity Shareholders equity
ratio
per shareMil.¥％

Fiscal Year 2005
11,344
7,389
65.1
Fiscal Year 2004
9,461
6,604
69.8
(Note) On February 3, 2005, DAC declared a two-for-one stock split, effective March 31, 2005.

(5)Yen12,786.43
24,347.03

Yen
15,157.54
27,471.42

Dividends
Cash dividends
applicable to the year

Total Amount ofdividends¥Fiscal Year 2005
Fiscal Year 2004

Dividends payout ratio Dividends on equity

Mil.¥

140.00170.00

6740

1%

％
9.6
10.0

0.9
0.6

DAC Consolidated Financial Statements(1) DAC Consolidated Balance Sheet(Unit：Thousand Yen)
FY2004 of fiscal year-end(As of Nov.30,2004)

Items of an accountAmount

FY2005 of fiscal year-end(As of Nov.30, 2005)
RatioAmountRatio%(Assets)%Ⅰ Current Assets1. Cash and deposits

2,511,651

2,812,617

2. Accountsreceivable-trade

2,056,318

2,958,256

3. Marketable securities

2,466,814

1,958,570

4. Other current assets

79,954

254,652

Allowance for doubtful receivables-8,151-1,445

Total currents assets

7,106,588

81.1

68,1270.8

7,982,650

77.1

255,710

2.5

124,3441.2

1,995,675

19.2

Ⅱ N o n - c u r r e n t Assets

1. Property, plant and equipment(1) Buildings

36,665(2) Other tangible assets

31,461140,925
114,785

2. Intangible assets(1) Software(2) Software in progress(3) Other intangible assets

104,302111,118

6,111

9,716

504

110,918

1.2

3,509

3. Investments and other assets(1) Investment securities

1,273,652

1,659,139(2) O t h e r a s s e t s

211,550

340,408

Allowance for doubtful receivables-3,8901,481,312

16.9

Total non-current assets

1,660,357

18.9

2,375,731

22.9

Total assets

8,766,946

100.0

10,358,382

100.0

2

-3,872

(Unit：Thousand Yen)
Items of an account

FY2004 of fiscal year-end(As of Nov.30,2004)Amount

FY2005 of fiscal year-end(As of Nov.30,2005)

Ratio

AmountRatio%(Liabilities)%

Ⅰ Current liabilities
1. Accounts payable-trade2,273,272

3,254,441

2. Accounts payable-others

123,625

206,407

3. Income tax payable316,198

399,711

2,860

1,648

4. W arr an t
5. Other current liabilities

106,516

Total current liabilities

2,822,474

111,99032.2

3,974,199

38.4

Ⅱ Non-current liabilities
1. Accrued retirement benefits

18,515

2. Accrued retirement benefits to directors

54,768

Total non-current liabilities

32,26968,04873,2830.8

100,3171.0

2,895,757

33.0

4,074,516

39.4

15,7420.2

45,8980.4

Ⅰ Common stock

3,289,235

37.5

3,349,723

32.3

Ⅱ Additional paid-in capital

2,711,035

30.9

2,769,390

26.7

Ⅲ Retained earnings-111,561-1.2

129,902

1.3

11,6360.1

24,421

0.2

Ⅴ Treasury stock-44,900-0.5-35,471-0.3

Total shareholders’ equity

5,855,446

66.8

6,237,966

60.2

8,766,946

100.0

10,358,382

100.0

Total liabilities(Minority interests)
Minority interests(Shareholders’ equity)

Ⅳ Unrealized gain on
available-for-sale securities

Total liabilities, minority interests
And shareholders’ equity3

DAC Consolidated Statements of Income(2)(Unit：Thousand Yen)

Items of an accountFiscal year 2004

Fiscal year 2005

(Dec. 2003 thru Nov.2004)(Dec. 2004 thru Nov.2005)

AmountRatio

AmountRatio%%

Ⅰ

Gross billings

15,114,105

100.0

25,375,978

100.0

Ⅱ

Cost of sales

12,970,458

85.8

22,034,000

86.8

2,143,647

14.2

3,341,97813.2

1,452,117

9.6

2,106,253

8.3

691,5294.6

1,235,724

4.9

98,251

0.4

429,9381.7

904,038

3.6

6,724

0.0

96,7330.4

814,0283.2

511,662

2.0

156

0.0

G r o s sⅢ

p r o f i tselling, general and admin.expenses

Operating income
ⅣNon-operating income
1. Interest and dividend income
2. Gain on valuation of securities
3. Gain on foreign currencytransaction
4. OⅤthers31,332

9,289-74,225

2,575

696

6,982

1. Loss on equity securities

87,573

2. O

2,439

ther

s

90,012

0.6

642,408

4.3

14,0392,683

Extraordinary income
1. Profit from sale ofinvestment securities
2. Reversal of allowance for
doubtful receivables
3. Gain on change of equity securities

Ⅶ

0.3

427,254

Ordinary incomeⅥ40,891Non-operating expenses

19,131

−

−

6,724

1,608

20,7390.1−

Extraordinary losses
1. Loss from devaluation ofinvestment securities
2. Loss on disposal of fixed assets
3. Loss on equity securities

23,81436,564

380

60,168616,577

Income before income taxes andminority interests
Provision for income taxes

406,423

Deferred income taxes-35,040

4.2

22,3760.2−563,521

M i n o r i t y i n t e r e s ts
N e t

640,772

i n c o m e

4371,383

2.5-6,513-0.0-342,493-2.3-51,858

302,209

1.2

(3)DAC Consolidated Statements of Cash Flows(Unit：Thousand Yen)
FY2004 fiscal year-end FY2005 fiscal year-end
Items of an account(Dec 2003 thru Nov 2004)(Dec 2004 thru Nov 2005)
AmountⅠ

Cash flows from Operating Activities:
Net cash provided by Operating Activities

Ⅱ925,649-564,864-1,143,012

95,876116,313431,885279,920-99,164

3,693,803

3,973,723

3,973,723

3,874,559

Cash flows from Financing Activities
Net cash provided by Financing Activities

ⅣForeign currency translation adjustments
on cash and cash equivalents
Ⅴ Net increase/decrease in cash and cash
equivalents
Ⅵ Cash and cash equivalents at beginning ofTerm
Ⅶ748,864

Cash flows from Investing Activities:
Net cash used by Investing Activities

ⅢAmount

Cash and cash equivalents at end of term5