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（ＵＲＬ http://www.dac.co.jp/ ）Financial Highlights of Fiscal Year 2008(December 1, 2007 to November 30, 2008)(1) Consolidated

Fiscal Year 2008
Fiscal Year 2007

Fiscal Year 2008
Fiscal Year 2007

(2)

Net sales

Operating income

Ordinary income

Mil.¥％45,826 ( 18.4)
38,688 ( 19.7)

Mil.¥％1,406 ( 7.9)
1,303 ( 18.4)

Mil.¥％
1,346 ( 1.4)
1,328 ( 24.2)

Net income
per share

Diluted net income
per shareYen
1,750.25
1,195.35

Net incomeMil.¥％
843 （ 44.5)
583 （‑22.6)

Yen
1,740.92
1,186.73

Non‑Consolidated

Fiscal Year 2008
Fiscal Year 2007

Net sales

Operating income

Mil.¥％
41,907 ( 16.1)
36,090 ( 15.7)

Mil.¥％1,446 ( ‑0.4)
1,451 ( 36.9)

Ordinary income
Mil.¥％
1,454 ( ‑1.6)
1,476 ( 33.7)

Net incomeMil.¥％
844 ( ― )‑750 ( ― )Net income
per shareYen
Fiscal Year 2008
1,752.39‑
1,537.42
Fiscal Year 2007
（Note）The percentage shown next to Net Sales, operating income, ordinary income and net income represent year‑
on‑yearChanges.

(3)

Consolidated financial position
Total assets

Fiscal Year 2008
Fiscal Year 2007

(4)

Mil.¥
14,307
13,098

Net assets

Mil.¥
8,462
7,553

Equity ratio

％
53.6
52.9

Equity per share

Yen
15,936.17
14,417.35

Non‑consolidated financial position
Total assets

Fiscal Year 2008
Fiscal Year 2007

Mil.¥
12,715
11,378

Net assets

Mil.¥
7,567
6,761

1

Equity ratio

％
58.9
59.2

Equity per share

Yen
15,551.73
14,027.48

DAC Consolidated Financial Statements(1) DAC Consolidated Balance Sheet(Unit：Thousand Yen)

Items of an account

FY2007 of fiscal year‑end(As of Nov.30, 2007)
Amount

FY2008 of fiscal year‑end(As of Nov.30, 2008)
Ratio

AmountRatio%(Assets)%

Ⅰ Current Assets
1. Cash and deposits

4,383,409

5,344,279

2. Notes and accounts receivable‑trade

4,264,423

4,981,095

3. Short‑term investment securities

391,107

96,571

4. O

784,965

383,907

Allowance for doubtful accounts‑3,155‑4,925

Total current assets

9,820,751t

her

Ⅱ N o n ‑c u r r e n t

75.0

10,800,928

75.5

381,174

2.7

930,885

6.5

2,194,941

15.3

Assets

1. Property, plant and equipment(1) Buildings

166,614(2) Furniture and fixtures

219,120

174,321385,735

3.0

206,853

2. Intangible assets(1) Goodwill

342,112364,889(2) Software

261,774

370,620(3) Software in progress

88,178

185,808(4) Patent right(5) Ot

h‑er

1,233

6,851

698,916

5.3

8,332

3. Investments and other assets(1) Investment securities(2) Deferred tax assets(3) O

1,625,364

1,502,210‑

144,932r

695,118

675,965

Allowance for doubtful accounts‑127,715t

heTotal non‑current assets
Total assets

2

2,192,767

16.7‑128,167

3,277,418

25.0

3,507,001

24.5

13,098,170

100.0

14,307,930

100.0

(Unit：Thousand Yen)
Items of an account

FY2007 of fiscal year‑end(As of Nov.30,2007)

Amount

FY2008 of fiscal year‑end(As of Nov.30,2008)

Ratio

Amount

Ratio%(Liabilities)%

Ⅰ Current liabilities
1. Accounts payable‑trade

4,025,644

4,351,213

2. Short‑term loans payable

91,89950,0003. Current portion of bonds payable

200,000‑

4. Current portion of Long‑term loans payable

59,429173,328

5. Accounts payable‑other367,295

431,480

6. I n c o m e t a x e s p a y a b l e

176,420

262,858

7. Provision for directors’ bonuses

30,00035,0008. Other

275,835

Total current liabilities

5,226,524

209,97239.9

5,513,852

38.6

Ⅱ Non‑current liabilities
1. Long‑term loans payable

140,006

122,234

2. Provision for retirement benefits

62,22092,268

3. Provision for directors’ retirement benefits

95,013

94,397

4. Provision for point certificate

19,82921,057867

1,316

5. Other

Total non‑current liabilities

317,9362.4

331,273

2.3

Total liabilities

5,544,460

42.3

5,845,125

40.9

1. C a p i t a l s t o c k

3,387,977

25.9

3,387,977

23.7

2. Capital surplus

2,800,445

21.4

2,741,944

19.2

3. Retained earnings

1,281,112

9.8

2,051,448

14.3

4. T r e a s u r y s t o c k‑544,752‑4.2‑447,001‑3.1

6,924,783

52.9

7,734,368

54.1

1,823

0.0

‑61,131‑0.4

2. Foreign currency translation adjustment

281

0.0

‑34

‑0.0

Total valuation and translation adjustments

2,1050.0‑61,165‑0.4

22,2430.2

79,501

0.5（Net assets）
Ⅰ Shareholders’ equity

Total shareholders’ equity
Ⅱ Valuation and translation adjustments
1. Valuation difference on available‑for‑sale securities

Ⅲ Subscription rights to shares
Ⅳ Minority interests
Total net Assets

3604,577

4.6

710,100

4.9

7,553,709

57.7

8,462,804

59.1

13,098,170

100.0

14,307,930

100.0

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

Items of an accountFiscal year 2007

Fiscal year 2008

(Dec. 2006 thru Nov.2007)(Dec. 2007 thru Nov.2008)

AmountRatio

AmountRatio%%Ⅰ

Net sales

38,688,514

100.0

45,826,187

100.0

Ⅱ

Cost of sales

32,728,249

84.6

39,077,095

85.3

5,960,265

15.4

6,749,091

14.7

4,657,049

12.0

5,343,057

11.6

1,303,216

3.4

1,406,033

3.1

29,2370.0

88,5170.2

1,346,753

2.9

17,5190.0

145,3470.3

1,218,925

2.6

Grossprofit

Ⅲ Selling, general and administrative expenses
Operating income
ⅣNon‑operating income
1. Interest income

25,054

15,984

2. Dividends income

21,003

1,970

3. Foreign exchange gains

966

4,699

4. Equity in earnings of affiliates

824‑

5. OⅤther

5,633

53,482

1. Interest payable

Ⅶ

6,581

6,821

8,889

2. Equity in losses of affiliates‑

54,909

3. Loss on valuation of securities

17,642

4. O

4,195

ther

10,072

Ordinary income
Ⅵ0.1

Non‑operating expenses

28,6590.1

1,328,039

3.4

14,645Extraordinary income
1. Gain on sales of investment securities

9,661

11,854

2. G a i n o n c h a n g e i n e q u i t y81,490

5,271

3. Gain on sales of noncurrent assets

1,828

‑

4. Or

1,734

1. Loss on valuation of investment securities

78,111

99,764

2. Loss on sales of investment securities

9,817

852

3. Loss on retirement of noncurrent assets

32,00041,193

4. One‑time amortization of goodwill

227,411‑

5. Amortization of advance payments−trade92,390

6. O

23,286t

he

94,7140.2

393

Extraordinary lossther‑

Income before income taxes and minority interests
I n c o m e t a x e s ‑c u r r e n t436,122

Income taxes‑deferred

47,1781.1

959,736

2.5

3,537

481,546

Minority interests in income(loss)
N e t463,017i n c o m e

4483,301

1.2

427,8150.9‑106,894‑0.2‑53,731‑52,028‑0.1

583,329

1.5

843,137

1.8

(3)DAC Consolidated Statements of Cash Flows(Unit：Thousand Yen)
FY2007 fiscal year‑
end FY2008 fiscal year‑
end
Items of an account(Dec 2006 thru Nov 2007)(Dec 2007 thru Nov 2008)
AmountⅠ Cash flows from Operating Activities:

Amount944,022

1,464,268

297,092‑701,476‑514,160‑79,806334‑1,725727,289

681,260

3,926,586

4,653,876‑2,161

4,653,876

5,337,297

Net cash provided by Operating Activities:

Ⅱ Cash flows from Investing Activities:
Net cash provided by(used in) Investing Activities
Ⅲ Cash flows from Financing Activities:
Net cash used in Financing Activities

Ⅵ Effect of exchange rate change on
cash and cash equivalents

Ⅴ Net increase in cash and cash equivalents

Ⅵ Cash and cash equivalents at beginning of term

Ⅶ Increase in cash and cash equivalentsfrom newly consolidated subsidiary

Ⅷ Cash and cash equivalents at end of term5