Summary of Business Results for the First Quarter Ended March 31, 2012
[Japan GAAP] (Consolidated)
May 7, 2012
Listed on the OSE JASDAQ Market

C o m p a n y
World Intec Co., Ltd.
Stock Code2429
URL: http://www.witc.co.jp
Representative
Eikichi Iida, Chairman & Chief Executive Officer
C o n t a c t
Shigeru Nakano, Director, Operating Officer
Expected date of filing of quarterly report: May 15, 2012
Expected starting date of dividend payment: ―Preparation of quarterly supplementary financial document: Yes
Quarterly results briefing: None

T E L: +81-93-533-0540（Rounded down to million yen）

１. Consolidated business results for the three months ended March 2012
(January 1, 2012 through March 31, 2012)(1) Consolidated results of operations
Three months ended Mar. 2012
Three months ended Mar. 2011(% change from the previous corresponding period)

Net sales
Million yen%
11,957
21.9
9,806
28.1

Operating income
Million yen%
118(75.8)
487
214.9

Net income
per share

Diluted net
income per share(Note) Comprehensive income
Three months ended March 2012: 100 million yen (△76.2%)
Three months ended March 2011: 424 million yen (―%)
Yen

Three months ended Mar. 2012
Three months ended Mar. 2011

Ordinary income
Million yen%103(83.0)
608
190.2

Net income
Million yen%64(85.1)
431
242.1

Yen

3.95
26.56

3.94
26.48

Total assets

Net assets(2) Consolidated financial position
Million yen
24,256
17,126

As of Mar. 2012
As of Dec 2011

Net assets per
share

Shareholders’ equity
ratio%
17.6
25.0

Million yen
4,988
4,961

Yen
262.35262.40(Reference) Shareholders’ equity
As of March 2012: 4,277 million yen
As of December 2011: 4,277 million yen
2. Dividends
End of 1Q

0.00

Annual dividend
End of 3Q
Yen―0.00―

End of 2Q
Yen

Year ended Dec. 2011
Year ending Dec. 2012
Year ending Dec. 2012 (forecast)

――

Yen

Year-end

Total
Yen

Yen

4.50

4.50

4.50

4.50

(Note) Revisions to recent dividend forecast: None

3．Forecast of consolidated business results for the year ending December 2012
(January 1, 2012 through December 31, 2012)
Net sales
Million yen
For the six months
ending Jun. 2012
Year ending Dec 2012(% change from the previous year)

Operating income%Ordinary income

Net incomeNet income pershare

Million yen%

Million yen%

Million yen%

Yen

24,40530.3

323(37.2)

295(55.9)

167(54.0)

10.28

49,611

30.9

1,361

131.6

1,306

92.7

645

201.4

39.58

(Note) Revisions to recent business forecast: None

－ 1 －4. Others(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes
in the scope of consolidation)
New: 1 (Company name)World iCity Co., Ltd.

Excluded: ―(2) Application of accounting procedures specific to preparation of the consolidated quarterly financial statements:
Yes(3) Changes in accounting policies, accounting estimates and restatement①Changes in accounting policies associated with revision of accounting standards:②Changes in accounting policies other than ①③Changes in accounting estimates④Restatement: None: None: None: None(4) Shares outstanding (common stock)①Number of shares outstanding at the end of period (treasury stock included)
As of March 2012
16,799,400 sharesYear ended December 2011
16,799,400 shares②Treasury stock at the end of period
As of March 2012
496,351 sharesYear ended December 2011
496,351 shares③Average number of stock during period (quarterly cumulative period)
Three months ended March 2012
16,303,049 shares
Three months ended March 201116,256,076 shares※Implementation status of quarterly review procedure
This financial summary is not subject to the quarterly review procedures pursuant to the Financial Instruments andExchange Act. At the time of disclosure of this report, the procedures for review of consolidated financial statements
pursuant to the Financial Instruments and Exchange Act have not been completed.
※Explanation regarding appropriate use of business forecasts and other special instructions
Forecasts regarding future performance in this material are based on information available at the time this report wasprepared. Actual results may differ from the forecasts due to various factors.

－ 2 －