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Financial Highlights of 2nd Quarter, Fiscal Year 2011 (December 1, 2009 to May 31, 2010)(1) Consolidated operating results
Net sales

2nd Quarter of FY 2011
2nd Quarter of FY 2009

Mil.\％
26,958 (10.9)
24,307 ( 9.2)

Ordinary income

Mil.\％
867( 148.0)349( -55.4)

Net income

Diluted net income

per shareper share

Yen
1,065.20
39.04

2nd Quarter of FY 2011
2nd Quarter of FY 2009(2)

Operating income

Net income

Mil.\％
903 ( 232.9)
271 ( -64.9)

Mil.\％
560( - )19 ( -93.7)

Yen
1,059.02
38.90

Consolidated financial position
EquityTotal assets

Net assets

Equity Capital ratio
per shareMil.\
2nd Quarter of FY 2011
Fiscal Year 2009(3)

16,626
15,499Mil.\
10,3599,924％

Yen
18,154.10
17,284.08

End of period

Annual dividend

57.4
58.6

Dividend per share

Record date

End of 1stEnd of 2nd

End of 3rdquarter

quarterquarter

Yen

Yen

Fiscal Year 2009

―

0.00

Fiscal Year 2011
Fiscal Year 2011
(expected)

―

0.00

1Yen

Yen

―

200.00

TBD

TBD

Yen
200.00TBDDAC Consolidated Financial Statements(1)DAC Consolidated Balance Sheet(Unit:Thousand Yen)
Items of an account

FY2011(As of May 31,2010)

FY2009(As of Nov 30,2009)

AmountAmountAssets
Current assets
Cash and deposits

6,082,831

5,678,796

Notes and accounts receivable-trade

5,546,102

5,047,038

101,563

100,963

1,089,396

881,451

Short-term investment securities
Other
Allowance for doubtful accounts-3,100-3,732

12,816,793

11,704,516

328,628

371,714Goodwill

649,055

673,826

Software569,570

549,442

Software in progress

12,81150,086

Other12,22810,844

1,243,665

1,284,200

1,447,766

1,369,207

Total current assets
Noncurrent assets
Property, plant and equipment
Intangible assets

Total intangible assets
Investments and other assets
Investment securities
Other

922,896

898,503

Allowance for doubtful accounts-132,876-128,309

Total investments and other assets

2,237,786

2,139,402

Total noncurrent assets

3,810,080

3,795,316

16,626,873

15,499,833

Accounts payable-trade4,148,190

4,168,747

Short-term loans payable

50,000－Current portion of long-term loans payable101,708

62,220Accounts payable-other765,716446,330

Income taxes payable

534,954

256,257

Provision for directors' bonuses

22,202

19,587

Provision for bonuses

50,786113,147

Total assets
Liabilities
Current liabilities

Provision for point card certificates

22,96913,709Other

198,298

192,794

5,894,826

5,272,794

Total current liabilities
Noncurrent liabilities
Long-term loans payable

94,46860,014

Provision for retirement benefits

145,872

121,752

Provision for point card certificates

26,421

16,213

Other105,397

105,042

Total noncurrent liabilities

372,159

303,021

6,266,985

5,575,816

Capital stock

4,031,837

4,031,837

Capital surplus

3,369,621

3,369,621

Retained earnings

2,648,427

2,193,472

Treasury stock-448,094-448,094

Total shareholders' equity

9,601,792

9,146,836-47,948

Total liabilities
Net assets
Shareholders' equity

Valuation and translation adjustments
Valuation difference on available-for-sale securities-46,188

Foreign currency translation adjustment-9,472-10,244

Total valuation and translation adjustments-55,660-58,192

Subscription rights to shares149,556

127,886

Minority interests

664,200

707,486

Total net assets

10,359,888

9,924,016

16,626,873

15,499,833

Total liabilities and net assets2

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

FY2009(December 1,2008
to May 31,2009)

FY2011(December 1,2009
to May 31,2010)

AmountAmountNet sales

24,307,938

26,958,422

Cost of sales

20,724,339

22,690,571

Gross profit

3,583,599

4,267,850

Selling, general and administrative expenses

3,233,805

3,400,440

349,793

867,410

Interest income

7,0762,463

Dividends income

4172

Operating income
Non-operating income

Foreign exchange gains
Equity in earnings of affiliates

8,347－－

33,478

Other

5,129

6,669

Total non-operating income

20,593

42,684

Interest expenses

4,216

1,336

Commission fee

25,000－Foreign exchange losses－

625

Provision of allowance for doubtful accounts

－

3,000

Non-operating expenses

Equity in losses of affiliates

44,798－Other

24,923

1,351

Total non-operating expenses
Ordinary income

98,9386,313

271,448

903,781

Extraordinary income
Gain on sales of investment securities

49

98,000Gain on change in equity－

20,380Gain on sales of noncurrent assets

13－

Other－

3,015

Total extraordinary income

63

121,395

Extraordinary loss
Loss on sales of noncurrent assets

13,875－

Loss on retirement of noncurrent assets

46,717328

Loss on valuation of investment securities

4,692

12,358

Impairment loss

41,217－

Loss on valuation of membership

－

1,897

Loss on sales of subsidiaries' stocks

－

1,314

Special retirement expenses

26,608－Other

11,253338

Total extraordinary losses

144,365

16,238

Income before income taxes and minority interests

127,146

1,008,938

Income taxes-current

255,317404,219

Income taxes-deferred

12,656-42,977

Total income taxes

267,973361,241

Minority interests in income (loss)-160,581

87,57419,754560,122

Net income3(3)DAC Consolidated statements of cash flows(Unit:Thousand Yen)
Items of an account

FY2009(December 1,2008
to May 31,2009)

FY2011(December 1,2009
to May 31,2010)

ammount

ammount

Net cash provided by (used in) operating activities
Income before income taxes and minority interests

127,146

1,008,938Depreciation and amortization

129,748

155,748

Amortization of goodwill

46,17145,071

Increase (decrease) in allowance for doubtful accounts

3,079

4,263

Increase (decrease) in provision for retirement benefits

17,451

24,120

Increase (decrease) in provision for directors' retirement benefits-94,397－

Increase (decrease) in provision for point card certificates-459

19,468

Increase (decrease) in provision for directors' bonuses-10,716

2,614－-20,380

Loss (gain) on sales and valuation of investment securities

4,643-85,641

Interest and dividends income-7,117-2,535

Interest expenses

4,216

1,336

Equity in (earnings) losses of affiliates

44,798-33,478

Loss (gain) on sales and retirement of noncurrent assets

60,579328－1,314

Decrease (increase) in notes and accounts receivable-trade602,179-887,215

Decrease (increase) in inventories

46,158

6,732

Increase (decrease) in notes and accounts payable-trade-666,223

331,146

Increase (decrease) in accounts payable-other424,585

339,113

Increase (decrease) in accrued consumption taxes-11,908

84,859Other, net-28,861-217,320

Subtotal691,073

778,484

Loss (gain) on change in equity

Loss (gain) on sales of subsidiaries' stocks

Interest and dividends income received

7,524

5,391

Interest expenses paid

-4,216-1,336

Income taxes paid

-224,575-173,606

Net cash provided by (used in) operating activities

469,806

608,931

Purchase of property, plant and equipment-70,502-19,670

Purchase of intangible assets-157,990-84,497

Net cash provided by (used in) investing activities

Purchase of investment securities
Proceeds from sales and redemption of investment securities-2,700-28,650

200,000

248,000

Proceeds from sales of investments in subsidiaries－63,250

Purchase of stocks of subsidiaries and affiliates－-50,000-879,262－

8,704

45,797－-248,657-80,128-5,471

Purchase of investments in subsidiaries resulting in change in scope ofconsolidation
Proceeds from purchase of investments in subsidiaries resulting in change
in scope of consolidation
Payments for sales of investments in subsidiaries resulting in change inscope of consolidation
Payments for guarantee deposits
Proceeds from maturity of insurance funds
Collection of loans receivable
Other, net
Net cash provided by (used in) investing activities

12,729－－16,664-71,287

81-1,040,436-63,152

Net cash provided by (used in) financing activities
Net increase (decrease) in short-term loans payable-24,960－

Repayment of long-term loans payable-86,664-42,222

Proceeds from issuance of common stock

1,283,130－

Purchase of treasury stock-33,498－

Proceeds from sales of treasury stock

16,222－-152,515-101,229

Cash dividends paid
Other, net
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash equivalents

-224

-976

1,001,489-144,427-7,022

1,673

423,837

403,024

Cash and cash equivalents at beginning of period

5,337,297

5,671,819

Cash and cash equivalents at end of period

5,761,134

6,074,844

Net increase (decrease) in cash and cash equivalents

4