Summary of Consolidated Business Results for April 1– September 30, 2006
11/15/061) Consolidated Operating Results
Note: Amounts have been rounded off to the nearest million yen.
Operating Income
Current Profit

Net Sales¥ Millions%¥ Millions%¥ Millions%

April – September 2006

223,517

11.9

3,961

17.4

4,041

1.5

April－September 2005

199,700

9.1

3,375

7.4

3,980

－24.1

Reference:
Fiscal year ended March 31, 2006

423,374

6,339

Net Income

7,572

EPS

Fully Diluted EPS¥ Millions%¥¥

April – September 2006

3,452

4.9

55.20

54.97

April－September 2005

3,291－2.9

54.45

52.84

Reference:
4,638
75.04
75.03
Fiscal year ended March 31, 2006
Note: Figures shown in percentage of sales, operating income, and other items show the ratios of sequential changes compared with
the interim results of FY2005.

2) Consolidated Financial Position
Total Assets

Net worth Equity
Ratio

Net Assets

Net worth Equity PerShare¥ Millions¥ Millions%¥

As of September 30, 2006

282,453

82,46628.8

1,301.75

As of September 30, 2005

205,048

49,64824.2

793.63

Reference:
As of March 31, 2006

269,590

78,45729.1

1,253.77

Net Cash fromOperating Activities

Net Cash from
Investment Activities

Net Cash from
Financial Activities

Balance of Cash and Cash
Equivalents at Term End

April – September 2006

¥ Millions
6,671¥ Millions－1,024¥ Millions－2,640¥ Millions
8,829

April－September 2005

－12,816

18,042－4,627

5,729

Reference:
Fiscal year ended March 31, 2006

－16,071

10,966

5,275

5,729

3) Consolidated Cash Flows

4) Consolidated Forecasts for Fiscal 2006 (April 1, 2006 – March 31, 2007)
Net Sales

Whole Year

Current ProfitNet Income¥ Millions¥ Millions¥ Millions

440,000

7,400

4,600Reference: Expected EPS (Whole Year) ¥73.54* The above forecasts were prepared on the basis of information available on the date of release. Actual results may differ from these forecasts due tovarious factors.

5) Business Results
During the first six months of the year ending March 31, 2007, the Japanese economy continued to expand as corporate
earnings improved. The economy remained firm in the USA and Asia as well, while the euro-zone economy registered arecovery. The economic environment for the Inabata group was thus a generally favorable one, with the exception of someconcerns over the possible impact of rising oil prices.
Under these conditions, the IT & electronics business and the plastics business showed brisk performance, led by LCD(Liquid Crystal Display)-related products and resins for AV/OA applications, respectively. As a result, net sales grew by
11.9% year-on-year to ¥223.5 billion and operating income increased by 17.4% to ¥3.961 billion. Current profit edged up
by 1.5% to ¥4.041 billion, as dividend income decreased and the interest rate increased primarily in countries overseas. Net
income increased by 4.9% year-on-year to ¥3.452 billion.

6) Business Segment(¥ 100 millions)

Segment

Net sales%

IT & Electronics

752

gain/loss
123.8

Housing Materials

12195.4

Chemicals

372

104.1

Plastics

803

109.1

Food

146

120.5

Others

38

83.4

Total

2,235

111.9

Note: Figures shown in percentage show the ratios of sequential changes compared with the interim results of FY2005.