Summary(Translation)
Fields Corporation
Summary of Financial Information and Business Results (Consolidated)
for the First Half of the Year Ending March 31, 2012 (Japan GAAP)
November 2, 2011
Listed on: OSE [JASDAQ]
Company Name:
Stock code:
Representative Director:

Fields Corporation(URL: http://www.fields.biz/)
2767
Takashi Oya
President and COO

Inquiries:

Hideaki Hatanaka
Executive Officer and General Manager, Corporate Communications OfficeTel:+81-3-5784-2111
Planned Date for Submittal of the Quarterly Report:
November 11, 2011
Planned Date for Start of Dividend Payment:
December 2, 2011
Quarterly earnings supplementary explanatory materials:
Yes
Quarterly earnings presentation:
Yes (For institutional investors and security analysts)(Rounded down to the nearest million)

1. Business results for the first half of the year ending March 31, 2012 (April 1, 2011, to September 30, 2011)(1) Operating results (cumulative total)(Percentage figures denote year-over-year changes.)
Net sales
Operating income
Ordinary income
Net income
Million yen%
Million yen%
Million yen%
Million yen%
First half, year
33,352 (22.5)
1,582(82.8)
1,713 (82.0)
2,428 (55.3)
ending March 31, 2012
First half, year
43,012 100.6
9,182
70.5
9,503
88.1
5,428 148.8
ended March 31, 2011
(Note) Comprehensive income

First half, year ending March 31, 2012: ¥2,496 million (-52.6%)
First half, year ended March 31, 2011: ¥5,268 million (—%)
Net income per share
YenFirst half, year
ending March 31, 2012
First half, year
ended March 31, 2011

Diluted net income per shareYen

7,313.43—

16,344.76—(2) Financial position
Total assets
Million yen

Net assets
Million yen

Shareholders’ equity ratio%

63,102

48,685

76.8

78,97147,021

59.2

First half, year
ending March 31, 2012
Year ended March 31, 2011
(Reference) Shareholders’ equity

First half, year ending March 31, 2012: ¥ 48,450 million
Year ended March 31, 2011: ¥ 46,779 million

2. Dividends(Record date)Year ended March 31, 2011
Year ending March 31, 2012
Year ending March 31, 2012
(Forecast)First
quarter-end
Yen——

Secondquarter-end
Yen
2,500.00
2,500.00(Note) Revision of the most recently released dividend forecasts: No

Annual dividends
Thirdquarter-end
Yen——

Year-end

AnnualYen
2,500.00

Yen
5,000.00

2,500.00

5,000.00

3. Forecast earnings for the year ending March 31, 2012 (April 1, 2011 to March 31, 2012)(Percentage figures denote year-over-year changes.)

Million yen%

Million yen%

Million yen%

Million yen%

Net income
per shareYen

100,000(3.5)

14,0006.6

14,000

2.3

8,000

6.4

24,088.04

Net sales

Full year

Operating income

Ordinary income

Net income(Note) Revision of the most recently released performance forecasts: No
4. Other Information(1) Transfer of important subsidiaries during the year under review (Transfer of specific subsidiaries that results in a change in thescope of consolidation): No
New— company(ies) (-)
Excluded— company(ies) (-)(2) Application of the accounting method specific to quarterly consolidated financial statements: Yes(3) Changes in accounting principles and accounting estimates, and revisions/restatements
1) Changes due to the revision to the accounting standards, etc.: No
2) Changes due to any reason other than those in 1) above: No
3) Changes in accounting estimates: No4) Revisions/restatements: No(4) Number of shares issued (common stock)1) Number of shares issued at end of year (including treasury stock)
First half, year ending March 31, 2012
347,000 sharesYear ended March 31, 2011
347,000 shares
2) Number of shares of treasury stock at end of year
First half, year ending March 31, 2012
Year ended March 31, 2011

14,885 shares
14,885 shares

3) Average number of shares outstanding (quarterly consolidated cumulative period)First half, year ending March 31, 2012
332,115 sharesFirst half, year ended March 31, 2011
332,115 shares* Indication of status of quarterly review procedure# This quarterly earnings report is not subject to quarterly review procedures based upon the Financial Instruments and Exchange Act.
Thus, at the time of disclosure of the financial results, the quarterly financial statement review procedures based upon the Financial
Instruments and Exchange Act have not been completed.
* Explanation of the appropriate usage of forecast earnings and other specific matters# The above forecast relies on judgments and assumptions based on information available as of the date of announcement of thismaterial, and is subject to changes in risks, uncertainties, and economy, and other factors that could cause actual results to bematerially different from expectations. When using the performance forecasts, in this document, please refer to “Qualitative
information on projections for the consolidated business results” on page 5 of the Appendix to this document for a description of theassumptions underlying the performance projections and points to note.
# The Company is planning to hold a results briefing for analysts and institutional investors on Friday, November 4, 2011. Materials
distributed at that briefing will be posted on the Company’s website after the briefing.

{ Table of Contents of Attached Document
1. Qualitative information on quarterly financial results ..............................................................................................2(1) Qualitative information on consolidated operating results .................................................................................2(2) Qualitative information on the consolidated financial position ..........................................................................4(3) Qualitative information on projections for the consolidated business results.....................................................5

2. Summary information (other) ...................................................................................................................................5(1) Transfer of important subsidiaries during the year under review .......................................................................5(2) Application of the accounting method specific to quarterly consolidated financial statements..........................5(3) Changes in accounting principles and accounting estimates, and revisions/restatements...................................5

3. Quarterly consolidated financial statements .............................................................................................................6(1) Quarterly consolidated balance sheets................................................................................................................6(2) Quarterly consolidated statements of income and consolidated statements of comprehensive income..............8
Quarterly consolidated statement of income ......................................................................................................8
Quarterly consolidated statements of comprehensive income ............................................................................9(3) Quarterly consolidated statement of cash flows ...............................................................................................10(4) Note regarding the operation of the company as a going concern ....................................................................12(5) Segment information ........................................................................................................................................12(6) Note regarding occurrence of significant change in amount of shareholders’ equity .......................................131

1.

Qualitative information on quarterly financial results(1) Qualitative information on consolidated operating results1) Overview of operations for the first half ended September 30, 2011 (April to September 2011)
The Company posted net sales of ¥33,352 million (22.5% down year-over-year), operating income of ¥1,582 million (82.8%
down year-over-year), and ordinary income of ¥1,713 million (82.0% down year-over-year). The Company’s net income forthe period totaled ¥2,428 million (55.3% down year-over-year), due to a reduction in current income taxes as a result ofrecording deferred tax assets following the dissolution and liquidation of its subsidiary.
The main reasons for the above results are as follows.
Taking into account shortages in electronic components due to the effects of the Great East Japan Earthquake, which
occurred in March 2011, the Company plans to focus on increasing the sales of pachinko/pachislot (PS) machines during thesecond half of this fiscal, with releases of multiple major pachinko and pachislot titles scheduled in the second half.
In accordance with this plan, the Company released 1 pachinko machine title and 2 pachislot machine titles in the first half ofthe fiscal year.
As for other entertainment businesses, some of the Company’s mobile related companies invested in the launch of new
products and services.
The status of each segment is as follows.
2) Analysis of operations for the first half under review by business segment[Pachinko/Pachislot (PS) Field segment]
The sales of pachislot machines for the second quarter of the fiscal year (July to September 2011) have continued to increasesince the first quarter of the year. The number of pachislot machines installed nationwide increased by 7.5% year-over-year to
1.44 million machines* as of the end of the September 2011, which slightly increased the total number of pachislot andpachinko machines installed nationwide by 0.4% year-over-year to 4.54 million machines*.
Although there were continued concerns regarding the effects of the earthquake on the procurement of electronic components
including semiconductor components required for pachinko/pachislot machines, the supply chain has recovered in the second
quarter under review and suppliers have been strengthening their systems to resume normal supply level.
This summer, approximately 5,000 pachinko halls in the metropolis Tokyo and 15 prefectures mainly in the Kanto andTohoku regions closed on a 2 to 3 weekdays per month rotating basis for the 3 months from July to September from theconcerns regarding electricity shortages due to the effects of the earthquake. Although there were fears about a decrease insales in these halls because of the reduced number of business days, their sales remained unaffected in particular due toclosed days being weekdays and an increase in customers in other halls that were open.
In the meantime, after the earthquake, pachinko halls maintained or even improved their ability to attract customers in asituation in which the supply of new machines decreased slightly. We see this as a sign that the earthquake has led people toreevaluate the inherent function of a pachinko hall serving as part of the local community, and that pachinko/pachislot
machines have become a part of life in Japan as a readily available popular entertainment choices.
In these circumstances, the Company views the pachinko/pachislot (PS) business not only based on changing market needs
but also from a wide entertainment perspective, and has been committed to improving the competitiveness of the PS market
with other leisure markets. During the fiscal year under review, the Company has also been implementing initiatives torevitalize the market by focusing on planning, developing and selling products that serve as great entertainment.
In the pachislot machine sales business for the first half under review, the Company released two new models, SAMURAI 7
and Kaze no Youjinbou—Memory of Butterflies, and recorded the sales of MOBASLO Evangelion—for your own wish, which
was released during the fourth quarter of the previous fiscal year. In the meantime, in the pachinko machine sales business,
the Company released 1 new model, CR The story of ayumi hamasaki－introduction, which features a major Japanesesuperstar and recorded sales of more than 70,000 machines.
As a result of the above, during the consolidated first half under review, there were unit sales of pachislot machines
amounting to 61,990 (4,518 machines down year-over-year) and unit sales of pachinko machines coming to 89,264 (137,356
machines down year-over-year). Consequently, the Pachinko/Pachislot (PS) Field posted net sales of ¥29,568 million (23.2%
down year-over-year) and operating income of ¥1,711 million (81.2% down year-over-year).
* The total number of installations nationwide is based on a survey conducted by the Company.

2

<Pachinko/Pachislot machine titles sold during the consolidated first half under review>
Pachinko machine sales titles
CR The story of ayumi hamasaki—introduction
Total number of pachinko machines sold (machines)

Month released
July 2011
89,264(Bisty Co., Ltd.)

Pachislot machine sales titles
Month released[Ongoing sale title from the previous fiscal year]
March 2011
(Bisty Co., Ltd.)MOBASLO Evangelion—for your own wish
SAMURAI 7
May 2011(Bisty Co., Ltd.)
Kaze no Youjinbou—Memory of Butterflies
August 2011(Rodeo Co., Ltd.)
Total number of pachislot machines sold (machines)
61,990(Note) The total number of pachinko/pachislot machines sold includes the number of machines other than the above titles
sold via agency sales.
[Mobile Field segment]Internet access in Japan for both mobile devices and personal computers has continued to develop against fastercommunication speeds and the improvement of communication access networks. In the area of mobile devices, in particular,
smartphones and tablet computers continued to become popular, and the demand for entertainment content, such as games
and electronic books, has been increasing.
In this market environment and with the aim of increasing the number of paying members, the Company is striving to expand
its on-line services, including those for mobile devices, by leveraging Pachinko/Pachislot-related content (an area ofparticular strength for the Company) as well as enhancing new services in other fields with its own content.
In on-line service fields (including with regard to mobile devices), FutureScope Corporation and IP Bros. Incorporated
invested in services using pachinko/pachislot (PS) related content, though some services did not progress as per the originalplan, and aggressively took a variety of measures with the aim of increasing the number of paying members. In services
using other than PS-related content, the Company conducted research and development and invested in such services byusing content assets held by the Fields Group companies, including the Company's related businesses, and aggressively
committed to increasing profitability in the on-line service field.
As a result of the above, for the consolidated first half under review, the Mobile Field posted net sales of ¥1,149 million(8.5% up year-over-year) and operating income of ¥62 million (68.8% down year-over-year).
[Sports Entertainment Field segment]
During the first half under review, the Company improved its management of sports related business.
The Company implemented a drastic reorganization of Japan Sports Marketing Inc. (JSM), which handles the sports businessof the Company, as stated in our news release dated August 23, 2011, “Notice regarding a Simplified Absorption-type
Divestiture between Fields Corporation and its Subsidiary and a Special Liquidation of the Subsidiary.”
After the fitness club business of JSM was divested (in a simplified absorption-type divestiture), the Company succeeded tothe business based on projections of continued growth opportunities for JSM’s fitness club business, backed by the resourcesof Fields Corporation, as well as the great synergy between the business and Fields Group. The Company decided to close allother JSM business upon JSM’s dissolution. This decision is based on the drastic changes in the market environment inwhich JSM does business, and these changes are believed to greatly hinder the creation of new profit opportunities in thisenvironment.
As a result of the above, the Sports Entertainment Field posted for the consolidated first half under review net sales of ¥1,031
million (4.7% down year-over-year) and operating loss of ¥34 million (versus an operating loss of ¥140 million for the same
period of the previous fiscal year).
[Other Field segment]
After a series of consideration on issues in its management revealed in about 1 year and half since it joined the Fields Group,
Tsuburaya Productions Co., Ltd., which handles video related business, has launched the development of its future plans. In
addition to revitalizing its own existing IP (Intellectual Property) such as the Ultraman Series, the company has beencommitted to taking a variety of measures with the aim of improving its brand value by increasing profitability through thedevelopment of new IP.
Digital Frontier Inc., in addition to the production of computer graphics (CG) for games and pachinko/pachislot machines,
expanded its video production business by handling the overall CG production of the movie, “Tekken: Blood Vengeance 3D,”
which was released in September 2011. Faced with the issue of expanding its production line to meet the increasing requests
3

for producing full-length CG including movies and games, the company has committed to strengthen its system by securinglines of production not only domestically but overseas as well.
Lucent Pictures Entertainment, Inc., promoted the planning of the magazine and digital versions of a 3D HD visual magazine
by taking advantage of its 3D video related technologies. In the meantime, the company also promoted a variety of tie-up
plans with the aim of achieving solid results with the large project, “BERSERC I THE HIGH KING’S EGG” (scheduled to
be premiered in February 2012), an animated movie that the company has planned and produced since its establishment.
As for content development related business, the publisher HERO’S Inc., which was jointly established with Shogakukan
Creative Inc., continued to prepare for the launch of its premiere issue of its future-style comic, “HERO’S Monthly” on
November 1, 2011, and focused on strengthening the foundations required for the development and creation of highly-quality
IP. In the future, the company will enrich the magazine's content while aggressively promoting cross-media development in avariety of fields including the pachinko/pachislot related field.
As a result of the above, the Other Field posted net sales of ¥2,299 million (12.1% down year-over-year) and operating lossof ¥139 million (versus an operating income of ¥58 million for the same period of the previous fiscal year) for the
consolidated first half under review.
(Note) Net sales reported by the individual segments are gross of inter-group net sales or transfers.
(2) Qualitative information on the consolidated financial position(Assets)
Current assets amounted to ¥32,250 million, down ¥18,800 million since the end of the previous fiscal year. The principal
factor behind this was a decrease in notes and accounts receivable—trade.
Tangible fixed assets amounted to ¥10,596 million, up ¥506 million since the end of the previous fiscal year.
Intangible fixed assets amounted to ¥4,857 million, down ¥212 million since the end of the previous fiscal year.
Investments and other assets amounted to ¥15,397 million, up ¥2,636 million since the end of the previous fiscal year. This
primarily reflected an increase in deferred tax assets.
As a result of the above, total assets amounted to ¥63,102 million, down ¥15,869 million since the end of the previous fiscal
year.
(Liabilities)
Current liabilities amounted to ¥10,205 million, down ¥17,381 million since the end of the previous fiscal year. The principal
factors behind this were a decrease in notes and accounts payable—trade and a decrease in accrued income taxes.
Fixed liabilities amounted to ¥4,211 million, down ¥151 million since the end of the previous fiscal year. This was mainly
attributable to a decrease in redemption of corporate bonds.
As a result of the above, total liabilities amounted to ¥14,417 million, down ¥17,532 million since the end of the previous
fiscal year.
(Net assets)
Net assets amounted to ¥48,685 million, up ¥1,663 million since the end of the previous fiscal year. This was primarilyreflected an increase in retained earnings.
(Analysis of cash flows)
Cash and cash equivalents (hereinafter referred to as “cash”) increased by ¥2,153 million since the end of the previous fiscal
year and amounted to ¥17,785 million at the end of the first half of the year ending March 31, 2012.
(Cash flows from operating activities)
Net cash provided by operating activities amounted to ¥5,332 million (¥11,199 million of income in the previous year). Thiswas mainly attributable to a decrease of ¥24,829 million in notes and accounts receivable—trade, a decrease of ¥14,678
million in notes and accounts payable—trade, and current income taxes paid of ¥4,142 million, etc.

4(Cash flows from investing activities)
Net cash used in investing activities amounted to ¥1,932 million (¥2,738 million of expenditure in the previous year). Thiswas mainly attributable to expenditure for purchases of tangible fixed assets totaling ¥816 million, expenditure for purchasesof intangible fixed assets totaling ¥531 million, and expenditure for purchases of investment securities totaling ¥400 million,etc.
(Cash flows from financing activities)
Net cash used in financing activities amounted to ¥1,241 million (¥2,580 million of expenditure in the previous year). Thiswas mainly attributable to dividends paid totaling ¥829 million, and redemption of corporate bonds totaling ¥370 million, etc.
(3) Qualitative information on projections for the consolidated business results(Unit: Million yen)

Net sales
Operating income
Ordinary income
Net income

Forecast for the year
ending March 31, 2012
100,000
14,00014,0008,000

Results for the year
ended March 31, 2011
103,593
13,136
13,684
7,520

Year-over-year change(3.5%)
6.6%
2.3%
6.4%

For this fiscal year, the Company plans to focus on increasing the sales of pachinko/pachislot (PS) machines during thesecond half, taking into account shortages in electronic components and other factors due to the effects of the Great East
Japan Earthquake, as stated above. Amid rising expectations for further growing market momentum in the second half of thisfiscal, the Company is scheduled to release multiple major pachinko/pachislot machine titles able to lead the revitalization of
the market, and will aggressively strive to be committed to activities involved in receiving orders.
For these reasons, the consolidated forecast earnings for the year ending March 31, 2012 remain unchanged from those statedin “Summary of Financial Information and Business Results (Consolidated) for the Year Ended March 31, 2011 (Japan
GAAP),” released on May 12, 2011.
2.

Summary information (other)(1) Transfer of important subsidiaries during the year under review
None(2) Application of the accounting method specific to quarterly consolidated financial statements
Assessment of tax expenses
The Company applies the method that reasonably estimates an effective tax rate to be assessed on income before income
taxes for the year ending March 31, 2012 after accounting for the tax effects of temporary differences and multiplies income
before income taxes during the first half of the year ending March 31, 2012 by such estimated effective tax rate.
(3) Changes in accounting principles and accounting estimates, and revisions/restatements
None

5

3.

Quarterly consolidated financial statements(1) Quarterly consolidated balance sheets(Unit: Million yen)
Fiscal year ended
March 31, 2011
(March 31, 2011)
AssetsCurrent assets
Cash and cash equivalents
Notes and accounts receivable—trade
Merchandise and products
Work in process
Raw materials and supplies
Other current assets
Allowance for doubtful accounts
Total current assets
Fixed assets
Tangible fixed assets
Land
Other tangible fixed assets
Total tangible fixed assets
Intangible fixed assets
Goodwill
Other intangible fixed assets
Total intangible fixed assets
Investments and other assets
Investment securities
Other assets
Allowance for doubtful accounts
Total investments and other assets
Total fixed assets
Total assets
Liabilities
Current liabilities
Notes and accounts payable—trade
Corporate bonds redeemable within 1 year
Short-term borrowings
Current portion of long-term borrowings
Accrued income taxes
Accrued bonuses
Accrued bonuses to directors and auditors
Allowance for losses on relocation of offices
Reserve for returned goods unsold
Other current liabilities
Total current liabilities
Fixed liabilities
Corporate bonds
Long-term borrowings
Retirement benefit provisions
Other fixed liabilities
Total fixed liabilities
Total Liabilities

6

First half ended
September 30, 2011
(September 30, 2011)15,87327,948
300
826
231
6,071
(200)
51,051

18,065
4,947
156
2,114
230
6,870
(134)
32,2506,324
3,765
10,0896,642
3,953
10,596

2,801
2,268
5,070

2,645
2,211
4,857

8,466
4,769
(475)
12,76027,92078,971

9,026
6,867
(496)
15,39730,851
63,102

17,939
740
85
44
4,217
312
220
—
—
4,028
27,587

3,179
670
85
14
942
60
120
41
1
5,090
10,205

900
65
339
3,058
4,362
31,949

600
58
375
3,177
4,211
14,417

(Unit: Million yen)
Fiscal year ended
March 31, 2011
(March 31, 2011)
Net assets
Shareholders’ equity
Common stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders’ equity
Accumulated other comprehensive income
Unrealized holding gain on available-for-sale securities
Foreign currency translation adjustment
Total accumulated other comprehensive income
Minority interest
Total net assets
Total liabilities and net assets

7

First half ended
September 30, 2011
(September 30, 2011)

7,948
7,994
33,443(1,785)47,601

7,948
7,994
35,042(1,785)49,199

(822)
0
(821)
242
47,021
78,971

(748)
(1)
(749)
235
48,685
63,102

(2) Quarterly consolidated statements of income and consolidated statements of comprehensive income
Quarterly consolidated statement of income[First half of the year ending March 31, 2012](Unit: Million yen)First half ended
September 30, 2010
(April 1, 2010–
September 30, 2010)
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividend income
Equity method investment gain
Gain on management of investment securities
OthersTotal non-operating income
Non-operating expenses
Interest expense
Loss on management of investment securities
Amortization of equity investment
Disaster relief expenses
OthersTotal non-operating expenses
Ordinary income
Extraordinary income
Gain on sale of fixed assets
Gain on sale of shares in affiliates
Reversal of allowance for doubtful accounts
OthersTotal extraordinary income
Extraordinary losses
Loss on sale of fixed assets
Impairment loss
Loss on adjustment for changes of accounting standards for
asset retirement obligations
Provision of allowance for loss on relocation of offices
OthersTotal extraordinary losses
Income before income taxes and minority interests
Current income taxes
Income before minority interests
Minority interests (loss)
Net income

8First half ended
September 30, 2011
(April 1, 2011–
September 30, 2011)

43,012
24,02018,991
9,809
9,182

33,352
21,368
11,983
10,401
1,582

6
82
181
—
198
469

3
85
40
99
127
356

12
72
17
—
46
148
9,503

6
11
95
82
27
224
1,713

1
126
229
48
406

0
7
—
—
8

4
3

9
22

142

—

—
32
182
9,727
4,302
5,424
(3)
5,428

41
22
96
1,625
(800)
2,425
(3)
2,428

Quarterly consolidated statement of comprehensive income[First half of the year ending March 31, 2012](Unit: Million yen)First half ended
September 30, 2010
(April 1, 2010–
September 30, 2010)
Income before minority interests
Other comprehensive income
Unrealized holding gain on available-for-sale securities
Foreign currency translation adjustment
Share of other comprehensive income of associates
accounted for using equity method
Total other comprehensive income
Comprehensive income(Breakdown)Comprehensive income attributable to owners of the parent
Comprehensive income attributable to minority interests

9First half ended
September 30, 2011
(April 1, 2011–
September 30, 2011)
5,424

2,425

(156)
0

73
(1)

0

—

(155)
5,268

71
2,496

5,272
(3)

2,500
(4)

(3) Quarterly consolidated statement of cash flows(Unit: Million yen)First half ended
September 30, 2010
(April 1, 2010–
September 30, 2010)
Cash flows from operating activities
Income before income taxes and minority interests
Depreciation and amortization
Impairment loss
Amortization of goodwill
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in accrued bonuses
Increase (decrease) in accrued bonuses to directors and auditors
Increase (decrease) in retirement benefit provisions
Increase (decrease) in allowance for losses on relocation of offices
Interest and dividend income
Discounts on purchases
Equity method investment loss (gain)
Interest expense
Loss on adjustment for changes of accounting standards for
asset retirement obligations
Decrease (increase) in notes and accounts receivable—trade
Decrease (increase) in inventories
Decrease (increase) in merchandising rights advances
Increase (decrease) in notes and accounts payable—trade
Increase (decrease) in accrued consumption taxes
Increase (decrease) in deposits received
Others
Sub totalInterest and dividends received
Interest paid
Income taxes paid
Net cash provided by (used in) operating activities
Cash flows from investing activities
Purchases of tangible fixed assets
Proceeds from sale of tangible fixed assets
Purchases of intangible fixed assets
Purchases of investment securities
Expenditure for equity investment
Expenditure for loans
Expenditure for acquiring shares in subsidiaries which
involved change in the scope of consolidation
Expenditure for acquiring shares in affiliates
Proceeds from sale of shares in affiliates
OthersNet cash provided by (used in) investing activities

10

First half ended
September 30, 2011
(April 1, 2011–
September 30, 2011)
9,727
903
3
177
(251)
(225)
(15)
32
(0)
(89)
(86)
(181)
12

1,625
892
22
156
(43)
(252)
(100)
36
41
(88)
(22)
(40)
6

142

—

25,60129(47)(20,565)
(4)
7
(579)
14,59195(16)(3,471)
11,19924,829(1,142)(663)(14,678)
(705)
53
(566)
9,361
124
(9)
(4,142)
5,332

(216)
3
(383)
(366)
(51)
(243)

(816)
2
(531)
(400)
(3)
(52)

(1,649)

—

(115)
200
84
(2,738)

(10)
7
(128)
(1,932)

(Unit: Million yen)First half ended
September 30, 2010
(April 1, 2010–
September 30, 2010)
Cash flows from financing activities
Net increase (decrease) in short-term borrowings
Repayment of long-term borrowings
Redemption of corporate bonds
Dividends paid
OthersNet cash provided by (used in) financing activities
Effect of exchange rate changes on cash and cash equivalents
Increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period(1,209)
(30)
(457)
(827)
(56)
(2,580)(4)
5,875
15,906
21,782

11

First half ended
September 30, 2011
(April 1, 2011–
September 30, 2011)
—
(37)
(370)
(829)
(4)
(1,241)(5)
2,153
15,632
17,785

(4) Note regarding the operation of the company as a going concern
First half of the year ending March 31, 2012 (April 1, 2011 to September 30, 2011)
No relevant items(5) Segment information

I. First half of the year ended March 31, 2011 (April 1, 2010 to September 30, 2010)
1. Information on net sales and income (loss) by reportable segment(Unit: Million yen)
Pachinko/
Pachislot(PS) Field

MobileField

SportsEntertainment
Field

Other Field

Total

Adjustment(Note 1)

Amount in thequarterly
consolidated
statement ofincome(Note 2)

Net sales
Net sales to third parties

38,364

1,057

1,079

2,511

43,012—43,012

Inter-group net sales ortransfers

134

2

3

103

243

(243)

—

Total

38,499

1,059

1,082

2,615

43,256(243)

43,012

Segment income (loss)

9,109

199

(140)

58

9,226

(44)

9,182

(Notes) 1. Adjustment of segment income (¥44 million) has been derived from the elimination of inter-group transactions.
2. Segment income (loss) is adjusted on operating income on the quarterly consolidated statement of income.
2. Information on impairment loss on fixed assets, goodwill, etc. by reportable segment(Significant impairment loss on fixed assets)
No relevant items(Significant changes in the amount of goodwill)In the Other Field segment, the Company acquired shares of Tsuburaya Productions Co., Ltd. and Digital Frontier Inc. as theCompany’s consolidated subsidiaries.
As a result of this event, goodwill increased by ¥2,732 million during the first half of the year ended March 31, 2011.
(Significant income related to negative goodwill)
No relevant items

12

II. First half of the year ending March 31, 2012 (April 1, 2011 to September 30, 2011)
1. Information on net sales and income (loss) by reportable segment(Unit: Million yen)
Pachinko/
Pachislot(PS) Field

MobileField

SportsEntertainment
Field

Other Field

Total

Adjustment(Note 1)

Amount in thequarterly
consolidated
statement ofincome(Note 2)

Net sales
Net sales to third parties

29,461

998

1,025

1,866

33,352—33,352

Inter-group net sales ortransfers

107

150

5

433

696

(696)

—

Total

29,568

1,149

1,031

2,299

34,049(696)

33,352

Segment income (loss)

1,711

62

(34)

(139)

1,600

(18)

1,582

(Notes) 1. Adjustment of segment income (¥18 million) has been derived from the elimination of inter-group transactions.
2. Segment income (loss) is adjusted on operating income on the quarterly consolidated statement of income.
2. Information on impairment loss on fixed assets, goodwill, etc. by reportable segment
No relevant items(6) Note regarding occurrence of significant change in amount of shareholders’ equity
No relevant items

13