46

Consolidated Financial Statements

The accompanying consolidated financial statements expressed in Japanese yen are the translation of those issued domestically. The
amounts expressed in U.S. dollars are not included in the original audited consolidated financial statements. Such U.S. dollar amounts arepresented herein solely for the convenience of readers outside Japan, and are not subject to audit.

Consolidated Balance Sheet (As of March 31, 2015)$1=¥120.17$ (thousands)¥ (thousands)

2014

2015

2015

¥ 6,262,876
3,160,922
126,624
166,976
169,855
30,819,217
7,867(6,765)40,707,573¥ 7,416,046
3,521,010
132,534—
151,054
38,949,709
4,202(6,868)50,167,688$ 61,712
29,300
1,102
—
1,257
324,12134(57)
417,472

Non-current Assets:
Property and Equipment:
Buildings and accompanying facilities
Accumulated depreciation
Buildings and accompanying facilities, net
Tools and furniture
Accumulated depreciation
Tools and furniture, net
Total Property and Equipment

832,971(442,192)
390,779
5,159,436(3,433,798)
1,725,638
2,116,417

845,681(471,276)
374,404
3,677,415(1,963,595)
1,713,819
2,088,224

7,037(3,921)
3,115
30,601(16,340)
14,261
17,377

Intangible Assets:
Software
Software in progress
OthersTotal Intangible Assets

23,203,230
418,564
17,577
23,639,373

18,596,720
1,825,420
17,462
20,439,604

154,753
15,190145
170,089

427,474
129,805
257,824
497,970
27,7471,000(22,021)
1,319,801
27,075,591¥ 67,783,165

501,957
100,096
255,892
402,737
17,603
1,000(11,930)
1,267,358
23,795,186¥ 73,962,874

4,177
832
2,129
3,351
146
8(99)
10,546198,012$ 615,485

ASSETS
Current Assets:
Cash and deposits
Accounts receivable—trade
Prepaid expenses
Consumption taxes receivable
Deferred tax assets
Designated assets for clearing funds
OthersAllowance for doubtful accounts
Total Current Assets

Investment and Other Assets:
Investment securities
Long-term prepaid expenses
Deferred tax assets
Long-term refundable lease deposits
Claims provable in bankruptcy, rehabilitation and otherOthers
Allowance for doubtful accounts
Total Investment and Other Assets
Total Non-current Assets
Total Assets

Annual Report 2015

47

Consolidated Financial Statements¥ (thousands)

2014
LIABILITIESCurrent Liabilities:
Accounts payable—trade
Lease obligations
Accounts payable—otherConsumption taxes payable
Income taxes payable
Allowance for employees’ bonuses
Allowance for executives’ bonuses
Deposits received for clearing funds
Allowance for asset removal
OthersTotal Current Liabilities¥ 1,011,031
5,880
72,3609,856
572,372
209,106
23,00030,819,217
84,08370,18632,877,095

Non-current Liabilities:
Long-term loans payable
Lease obligations
Liability for retirement benefits
Allowance for executives’ retirement benefits
Long-term guarantee deposits received
Total Non-current Liabilities
Total Liabilities
NET ASSETS
Shareholders’ Equity:
Common stock
Capital surplus
Retained earnings
Total Shareholders’ Equity
Total Net Assets
Total Liabilities and Net Assets

Annual Report 2015

$ (thousands)

2015¥895,554
812
248,983
759,343732,686
238,456
22,00038,949,709—－
75,36541,922,911

2015$7,452
6
2,071
6,318
6,097
1,984
183
324,121—－627
348,863

9,400,000
812
510,867
30,00062,69410,004,375
42,881,470

5,000,000—－
582,597－—－—
5,582,597
47,505,509

41,607
－—
4,848
－—
－—
46,455395,319

4,250,000
4,250,000
16,401,694
24,901,694
24,901,694¥ 67,783,165

4,250,000
4,250,000
17,957,365
26,457,365
26,457,365¥ 73,962,874

35,36635,366
149,433
220,166
220,166$ 615,485

48

Consolidated Financial Statements

Consolidated Statement of Income and Comprehensive Income (For the year ended March 31, 2015)¥ (thousands)$ (thousands)

2014¥ 17,998,860

2015¥ 19,967,287

2015$ 166,158

196,952
1,657,727
209,106
21,800127,053
5,440,639
4,877,326
552,123
30,666
1,866,049
14,979,445
3,019,414

190,854
2,027,032
238,456
22,000136,157
5,983,330
5,834,273
552,926—
1,742,622
16,727,654
3,239,632

1,588
16,868
1,984
183
1,133
49,79048,5504,601—
14,501
139,199
26,958

5
9,294
2,036
11,92011,17834,4354
5,977
88,16318,93011,165
124,240

0
49
733
157
92
1,033

57,872
48,2057,580
530
114,1892,939,660

77,80344,9997,889
697
131,390
3,232,482

647
374
65
5
1,093
26,8992,350
2,350
2,937,310——
3,232,482——
26,899

Income taxes—current
Income taxes—deferred
Total Income Taxes
Income before Minority Interests
Net Income
Income before Minority Interests
Comprehensive Income

926,346
226,871
1,153,217
1,784,092
1,784,092
1,784,092¥ 1,784,092

1,146,079
20,732
1,166,812
2,065,670
2,065,670
2,065,670¥ 2,065,670

9,537
172
9,709
17,18917,18917,189$ 17,189(Details of Comprehensive Income)Comprehensive income attributable to shareholders of the parent company
Comprehensive income attributable to minority interests¥ 1,784,092—¥ 2,065,670—$ 17,189—

Operating Revenue
Operating Expenses:
Executives’ compensation
Salaries
Allowance for employees’ bonuses
Allowance for executives’ bonuses
Retirement benefit expenses
Maintenance of systems
Depreciation and amortization
Rent
Allowance for asset removal
OthersTotal Operating Expenses
Operating Income
Non-operating Income:Interest income
Operational revenue on designated assets for clearing funds
Equity in earnings of an affiliate
Registered members’ information disclosure claim charges
OthersTotal Non-operating Income
Non-operating Expenses:
Interest expenses
Commitment fees
Fees for fund operation of designated assets for clearing fund
OthersTotal Non-operating Expenses
Ordinary Income
Extraordinary Losses:
Loss on disposal of non-current assets
Total Extraordinary Losses
Income before Income Taxes and Minority Interests

Annual Report 2015

49

Consolidated Financial Statements

Consolidated Statement of Changes in Net Assets (For the year ended March 31, 2015)
For the year ended March 31, 2014¥ (thousands)
Shareholders’ Equity

Balance at the beginning of period
Change during the period:
Dividends from surplus
Net income
Total change during the period
Balance at the end of period

CommonStockCapitalSurplus

RetainedEarnings

Total Shareholders’EquityTotal Net Assets¥ 4,250,000¥ 4,250,000¥ 14,957,602¥ 23,457,602¥ 23,457,602———¥ 4,250,000———¥ 4,250,000(340,000)
1,784,092
1,444,092¥ 16,401,694(340,000)
1,784,092
1,444,092¥ 24,901,694(340,000)
1,784,092
1,444,092¥ 24,901,694

For the year ended March 31, 2015¥ (thousands)
Shareholders’ Equity

Balance at the beginning of period
Change during the period:
Dividends from surplus
Net income
Total change during the period
Balance at the end of period

CommonStockCapitalSurplus

RetainedEarnings

Total Shareholders’EquityTotal Net Assets¥ 4,250,000¥ 4,250,000¥ 16,401,694¥ 24,901,694¥ 24,901,694———¥ 4,250,000———¥ 4,250,000(510,000)
2,065,670
1,555,670¥ 17,957,365(510,000)
2,065,670
1,555,670¥ 26,457,365(510,000)
2,065,670
1,555,670¥ 26,457,365$ (thousands)
Shareholders’ Equity

Balance at the beginning of period
Change during the period:
Dividends from surplus
Net income
Total change during the period
Balance at the end of period

Total Shareholders’EquityTotal Net Assets$ 136,487$ 207,220$ 207,220(4,243)
17,18912,945$ 149,433(4,243)
17,18912,945$ 220,166(4,243)
17,18912,945$ 220,166

CommonStockCapitalSurplusRetainedEarnings$ 35,366$ 35,366———$ 35,366———$ 35,366

Annual Report 2015

50

Consolidated Statement of Cash Flows (For the year ended March 31, 2015)¥ (thousands)

Cash Flows from Operating Activities:
Income before income taxes and minority interests
Depreciation and amortization(Decrease) increase in allowance for doubtful accounts
Increase (decrease) in allowance for employees’ bonuses(Decrease) increase in allowance for executives’ bonuses(Decrease) increase in allowance for employees’ retirement benefits(Decrease) increase in allowance for executives’ retirement benefits(Decrease) increase in allowance for asset removal
Increase (decrease) in liability for retirement benefits
Interest income
Interest expenses
Equity in (earnings) loss of affiliates
Foreign exchange (gains) losses
Loss on disposal of property and equipment
Loss on disposal of intangible assets(Increase) decrease in accounts receivable—trade(Decrease) increase in accounts payable—trade
Decrease/increase in consumption taxes receivable/payable
OthersSub-totalInterest and dividends received
Interest paid
Income taxes paid
Net Cash Provided by Operating Activities
Cash Flows from Investing Activities:
Payments for purchase of property and equipment
Payments for purchase of intangible assets
Proceeds from refund of refundable lease deposits
Payments for refund of guarantee deposits received
Net Cash Used in Investing Activities
Cash Flows from Financing Activities:
Proceeds from long-term loans payableRepayment of long-term loans payable
Repayment of lease obligations
Cash dividends paid
Net Cash 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, Beginning of Year
Cash and Cash Equivalents, End of Year

Annual Report 2015

$ (thousands)

2014

2015

2015

¥ 2,937,310
4,877,326(4,298)(10,191)
1,200(442,447)—(40,501)
510,867(5)
57,872(2,036)(1,588)2,156
193(9,753)
145,719
82,931
4,685
8,109,440
2,805(57,872)(567,912)
7,486,460¥ 3,232,482
5,834,273(9,988)29,350(1,000)—(30,000)(84,083)
71,729(4)
77,803(88,163)(1,028)——(349,943)(115,476)
916,463(11,593)9,470,821
13,684(77,803)(988,646)
8,418,055$ 26,899
48,550(83)244(8)—(249)
(699)
596
0
647
(733)
(8)
—
—(2,912)
(960)
7,626
(96)
78,811113(647)(8,227)70,051(191,579)(13,512,223)
100(4,426)(13,708,129)(693,285)(1,694,749)
100,696(62,694)(2,350,033)(5,769)(14,102)837(521)(19,555)

7,400,000—(10,462)(340,000)
7,049,537
1,588
829,457
5,433,419¥ 6,262,876—(4,400,000)(5,880)(510,000)(4,915,880)
1,028
1,153,169
6,262,876¥ 7,416,046—(36,614)(48)(4,243)(40,907)
8
9,596
52,116$ 61,712