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http://www.dac.co.jp/Financial Highlights of Fiscal Year 2007(December 1, 2006 to November 30, 2007)(1) Consolidated

Fiscal Year 2007
Fiscal Year 2006

Fiscal Year 2007
Fiscal Year 2006

(2)

Net sales

Operating income

Ordinary income

Mil.¥38,688 ( 19.7)
32,328 ( 27.4)

Mil.¥
1,303 ( 18.4)
1,100 (‑10.9)

Mil.¥
1,328 ( 24.2)
1,069 ( 18.3)

Net income
per share

Diluted net income
per shareYen
1,195.35

Yen
1,186.73

1,547.53

1.523.14

Net incomeMil.¥583 ‑22.6)
753 149.4)

Non‑
Consolidated

Fiscal Year 2007Fiscal Year 2006

Net sales

Operating incomeMil.¥
36,090 ( 15.7)
31,186 ( 25.3)

Mil.¥1,451 ( 36.9)
1,060 (‑11.2)

Ordinary income
Mil.¥
1,476 ( 33.7)
1,104 (‑14.3)

Net incomeMil.¥‑
750 ( ― )747 ( 5.9)

Net income
per share

Diluted net income
per share
Yen
Yen
Fiscal Year 2007‑
1,537.42―
Fiscal Year 2006
1,534.66
1,510.47
Note The percentage shown next to gross billings, operating income, ordinary income and net income represent year‑on‑
yearchanges(3)

Consolidated financial position
Total assets

Fiscal Year 2007
Fiscal Year 2006

(4)

Total net assets

Mil.¥
13,09812,483

Net assets per share

Mil.¥
7,553
7,565

52.9
55.7

Yen
14,417.35
14,264.34

Total net assets

Net assets ratio

Net assets per share

Mil.¥
6,761
8,102

59.2
66.7

Yen
14,027.48
16,611.50

Non‑consolidated financial position
Total assets

Fiscal Year 2007
Fiscal Year 2006

(5)

Net assets ratio

Mil.¥
11,37812,138Dividends
Cash dividends
applicable to the year

Total Amount ofdividends¥
Fiscal Year 2007
Fiscal Year 2006

Dividends payout ratio Dividends on equity

Mil.¥

150.00180.007287112.4
11.7

1.0
1.1

DAC Consolidated Financial Statements(1) DAC Consolidated Balance Sheet(Unit Thousand Yen)
FY2006 of fiscal year‑end(As of Nov.30, 2006)

Items of an accountAmount

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

AmountRatio%(Assets)%

Ⅰ Current Assets
1. Cash and deposits

3,085,421

4,383,409

2. Accounts receivable‑trade

3,637,562

4,264,423

3. Marketable securities

1,730,743

391,107

4. Other current assets

476,727

784,965

Allowance for doubtful accounts‑1,883‑3,155

Total currents assets

8,928,570

71.5

314,2232.5

9,820,751

75.0

385,735

3.0

698,916

5.3

2,192,767

16.7

Ⅱ N o n ‑c u r r e n t Assets
1. Property, plant and equipment(1) Buildings

158,638(2) Other tangible fixed assets

155,584

166,614219,120

2. Intangible fixed assets(1) Goodwill

595,207342,112(2) Software

159,783

261,774(3) Software in progress

101,935

88,178(4) Other intangible fixed assets

5,304

862,231

6.9

6,851

3. Investments and other assets(1) Investment securities

1,804,9421,625,364(2) O t h e r a s s e t s

766,687

695,118

Allowance for doubtful accounts‑193,036

2,378,593

19.1‑127,715

Total non‑current assets

3,555,047

28.5

3,277,418

25.0

Total assets

12,483,617

100.0

13,098,170

100.0

2

(Unit Thousand Yen)
Items of an account

FY2006 of fiscal year‑end(As of Nov.30,2006)

Amount

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

Ratio

AmountRatio%(Liabilities)%

Ⅰ Current liabilities
1. Accounts payable‑trade
2. Short‑term loans payable
3. Current portion of bonds

3,274,021

4,025,644

50,00091,899‑200,000

4. Current portion of Long‑term loans payable

377,175

59,4295. Accounts payable‑other308,216

367,295

6. Accounts payable‑income taxes

256,323

176,420

7. Reserve for directors’ bonuses

30,00030,0008. Other current liabilities

243,182

275,835

Total current liabilities

4,538,918

36.4

5,226,524

39.9

Ⅱ Non‑current liabilities
1. Bonds

200,000‑

2. Long‑term loans payable

16,100140,006

3. Reserve for retirement benefits

39,56862,220

4. Reserve for directors’ retirement benefits

82,77995,013

5. Reserve for given points

39,631

19,829

6. Other Non‑current liabilities

1,588

867

Total non‑current liabilities

379,667

3.0

317,936

2.4

Total liabilities

4,918,586

39.4

5,544,460

42.3

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

3,370,076

27.0

3,387,977

25.9

2. C a p i t a l s u r p l u s

2,782,981

22.3

2,800,445

21.4

3. Retained earnings

785,569

6.3

1,281,112

9.8

4. T r e a s u r y s t o c k‑15,266‑0.1‑544,752‑4.2

6,923,362

55.5

6,924,783

52.9

33,280

0.3

1,823

0.0

163

0.0

281

0.0

33,443

0.3

2,105

0.0

1,035

0.0

22,2430.2

607,1904.8

604,577

4.6

Total net assets

7,565,031

60.6

7,553,709

57.7

Total liabilities and net assets

12,483,617

100.0

13,098,170

100.0

Net assets
Ⅰ Shareholder’s equity

Total shareholder’s equity

Ⅱ Valuation, exchange difference
1. Valuation difference onother investment securities
2. Foreign currency
Translation adjustments accountTotal valuation, exchange difference
Ⅲ Subscription rights to shares
Ⅳ Minority interests

3

(2)

DAC Consolidated Statements of Income(Unit Thousand Yen)

Items of an accountFiscal year 2006

Fiscal year 2007

(Dec. 2005 thru Nov.2006)(Dec. 2006 thru Nov.2007)

AmountRatio

AmountRatio%
Ⅰ

Net sales

ⅡCostⅢ

selling, general and admin. expensesⅣ

Non‑operating incomeofsales

G r o s sp r o f i t

Operating income

38,688,514

100.0

85.8

32,728,249

84.6

4,600,779

14.2

5,960,265

15.4

3,500,122

10.8

4,657,049

12.0

1,100,657

3.4

1,303,216

3.4

53,4820.1

28,6590.1

1,328,039

3.4

94,7140.2

463,0171.1

959,7362.5

483,301

1.2

6,025

25,054

8,185

21,003

3. Valuation difference on investment securities

26,814

‑

262

966

6. Others

‑

824

5,388

46,6760.1

5,633

Non‑operating expenses
1. Interest payable

3,442

6,821

2. Equity in loss of affiliates

52,698‑

3. Initial expense depreciation

10,950‑4. Valuation difference on investment securities
4. Others‑

17,642

10,555Ordinary income

77,6460.2

1,069,687

3.3

4,195

Extraordinary income
1. Gain on sales of investment securities

45,6289,661

2. Gain on equity variation

193,618

81,490‑1,828

3. Gain on sales of fixed assets
4. OthersⅦ

100.0

27,727,333

2. Dividents earned

5. Equity in earnings of affiliatesⅥ32,328,113

1. Interest income

4. Foreign exchange gains

Ⅴ%21,461

260,707

0.8

1,734

Extraordinary loss
1. Loss on valuation of investment securities
2. Loss on sales of investment securities

51,016

78,111‑9,817

3. Loss on retirement of fixed assets

11,52332,0004. One‑time amortization of goodwill‑

227,411

5. Amortization of advance payments‑

92,3904. Impairment loss

7,513

‑

5. Provision of reserve for given points

22,237

6. Others

10,505‑
102,7960.3

1,227,598

3.8

448,304

1.4

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

25,6560.1‑106,894

‑0.2

N e t

753,638

2.3

583,329

1.5

Net income before income taxes andminority interests
Income taxes‑current

521,794

Income taxes‑deffered‑73,490

23,286436,122i n c o m e

447,178

(3)DAC Consolidated Statements of Cash Flows(Unit Thousand Yen)
FY2006 fiscal year‑
end FY2007 fiscal year‑
endItems of an account(Dec 2005 thru Nov 2006)(Dec 2006 thru Nov 2007)
AmountⅠ

ⅡⅢ

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

182,256

944,022

Cash flows from Investment Activities:
Net cash used (provided) by Investment
Activities‑448,437

297,092

258,056‑514,160

151

334‑7,972727,289

3,874,559

3,926,586

60,000‑3,926,586

4,653,876Cash flows from Financing Activities
Net cash provided (used) by FinancingActivities

ⅣForeign currency translation adjustments
on cash and cash equivalents
Ⅴ Net increase/decrease in cash and cashequivalents
Ⅵ Cash and cash equivalents at beginning ofTerm
Ⅶ Cash and cash equivalents at beginning ofTerm of increase of consolidated subsidiaries
ⅧAmount

Cash and cash equivalents at end of term5