Asgent, Inc.

Summary of Consolidated Financial Results
Financial Highlights(For the 9 months ended December 31, 2007)

Listed Company Name: Asgent, Inc.
Listing Exchange: JASDAQ
Security Code No:4288
URL: http://www.asgent.co.jp/
Representative: Takahiro Sugimoto
President & CEO
Enquiries:

Shinji Suzuki
Managing Director & CFO

TEL:+81-3-5643-2581

1. Consolidated Business Results(1) Consolidated Operating Results
Note:Figures less than one million yen omitted, except for EPS and BPS

For the 9 months ended

Net sales

Operating income

Ordinary income

Net income

Millions of yen

Millions of yen

Millions of yen

Millions of yen

Dec. 31, 2007

2,514+5.8%

8-%

13-%

25-%

Dec. 31, 2006

2,376-1.6%

(76)

-%

(78)

-%

(65)

-%

3,390+2.8%

(156)

-%

(187)

-%

(420)

-%

For the year ended
Mar. 31, 2007

Note: the ratio represents the changes from the same period of the previous year

Basic EPS

Diluted EPS

Yen

Yen

For the 9 months ended
Dec. 31, 2007

654.12650.17

Dec. 31, 2006

(1,673.35)-(10,672.54)-For the year ended
Mar. 31, 2007

(2) Consolidated Financial Conditions
Total Assets

As ofMillions of yen

Shareholders`Shareholders’EquityEquity ratio

BPS

Millions of yen

Yen

Dec. 31, 2007

2,149987+45.9 %

25,006.88

Dec. 31, 2006

2,381

1,314+55.2 %33,353.75

Mar. 31, 2007

2,318

958

+41.3 %

24,271.95

2. Forecast for the Consolidated Financial Results (For the year Ending March 31st ,2008)

Net sales
For the year ending
Mar.31,2008

Millions of yen

3,510+3.5%

Operating

Ordinary

incomeincomeMillions of yen

Millions of yen

50-%

40

Note: the ratio represents the changes from the same period of the previous year-%

Net income

Basic EPS

Millions of yen

Yen30-%

759 .78

3. Consolidated financial statements（for the 9 months ended December 31, 2007）(1) Consolidated Balance Sheets
Note: Figures less than one thousand yen omitted

Account Title

Dec. 31, 2006

Dec. 31, 2007

ChangeMar. 31, 2007

AmountAmountAmountAmount

Ratio

Ratio

Ratio

AssetsCurrent Assets
1.Cash and Deposits

232,242

372,307140,064

530,019

2.Account Receivable-trade809,187

690,207(118,979)

912,645

3.Marketable Securities

100,000

199,884

99,884-4.Inventories

371,340

99,783(271,557)

325,528

5.Deferred Tax

87,37145,701(41,669)

41,020

87

79(7)

1,038

7.Others

39,32946,314

6,984

39,034

Allowance for Bad Debt

(1,159)(1,208)(49)(1,139)(185,329)

1,848,146

6.Corporate Tax Receivable

Total Current Assets

1,638,399

68.8

1,453,070

67.6

79.7

Fixed Assets
Tangible Fixed Assets
1. Building

22,103

21,533(570)

21,726

2.Tools, Furniture and Fixtures

41,548

216,534

174,986

38,596

3.Land

819

819

-819

Sub-total

64,471

174,416

61,1432.7

238,887

11.1

2.7Intangible Fixed Assets
1.Software

143,927

140,387(3,539)117,371

2.Others

54,05755,9991,942

47,992Sub-total

197,984(1,597)

165,3648.3

196,387

9.1

7.1

Investment and Other Assets
1.Investment Securities

255,770

195,474(60,295)

181,153

2.Deposits

57,392

57,988596

57,459

3.Deferred Tax

160,925-(160,925)-

4.Others

6,276

3,779

(2,496)

5,405

Sub-total

480,36320.2

257,24212.0(223,121)

244,018

10.5

Total Fixed Assets

742,81931.2

692,51732.2(50,302)

470,526

20.3--3,917

0.2

3,917

2,381,219

100.0

2,149,504

100.0(231,714)

2,318,672

100.0

Deferred Assets
Total Assets

Note:Figures less than one thousand yen omitted

Account Title

Dec. 31, 2006
AmountDec. 31, 2007

Ratio

AmountRatio

ChangeMar 31, 2007

AmountAmount

Ratio

Liabilities
Current Liabilities
1.Accounts payable-trade

296,082

193,620(102,462)

471,416

2.Short-term Loan Payble

70,000547,500

477,500

115,000

3.Current Portion of Bond

-60,000

60,000500,000

4. Accounts Payble

56,934

48,965(7,969)108,451

5.Accrued Corporate Taxes

3,819

5,485

1,666

5,036

6.Reserve for bonus

23,85923,669(190)

45,245

7. Others

81,707101,080

19,372

78,238

Total Current Liabilities

532,404

447,917

1,323,388

22.4

980,321

45.6

57.1

Fixed Liabilities
1.Bond500,000

140,000(360,000)-

2.Reserve for retirement allowance

33,843

41,786

7,943

36,905

Total Fixed Liabilities

533,84322.4

181,786

8.5(352,056)

36,905

1.6

1,066,247

44.8

1,162,108

54.1

95,8601,360,294

58.7

1.Capital stock

768,800

32.3

769,50035.8

700

769,50033.2

2.Capital surplus

704,960

29.6

705,20032.8

240705,200

30.4

3.Earned surplus(181,017)(7.6)(510,057)(23.7)(329,039)(535,884)△23.1

Total Stockholders’ equity

1,292,742

54.3

964,64244.9(328,099)

938,815

40.5

----

(8,492)△0.4

22,2290.9

22,753

1.0

524

28,055

1.2

22,2290.9

22,7531.0

524

19,562

0.8

Total Net Assets

1,314,971

55.2

987,39645.9(327,575)

958,377

41.3

Total Liabilities and Net Assets

2,381,219

100.02,149,504

100.0(231,714)

2,318,672

100.0

Total Liabilities
Net Assets
Stockholders’ equity

Appraisal／Conversion Differences
1. Apprisal Differences on
Investment Securities
2. E x c h a n g e C o n v e r s i o n
Adjustment AccountTotal Appraisal Conversion Differences-(2) Consolidated Statements of Income
Note: Figures less than one thousand yen omitted

Account Title

9 months ended

9 months ended

Dec.31, 2006

Dec. 31, 2007

ChangeYear ended
Mar. 31, 2007

AmountRatio

AmountRatio

AmountAmountRatio

Ⅰ Net Sales

2,376,118

100.02,514,432

100.0

138,3133,390,648

100.0

Ⅱ Cost of Sales

1,636,721

68.9

1,691,398

67.3

54,6772,361,726

69.7

Gross Profit

739,39731.1

823,033

32.7

83,636

1,028,921

30.3

816,350

34.4

814,34532.4(2,004)

1,185,242

34.9(76,952)

(3.3)

8,688

0.3

85,640(156,320)(4.6)

Ⅳ Non-operating Profit

20,9190.9

16,433

0.7(4,486)33,441

1.0

Ⅴ Non-operating Expense

22,3950.9

11,8860.5(10,509)

64,276

1.9

Ordinary Income (Loss）(78,428)(3.3)

13,2350.5

91,663(187,156)(5.5)

Ⅵ Extraordinary Loss

10,100

0.4

915

0.0

(9,185)42,171

1.3

Profit(Loss) Before Taxes(88,529)(3.7)

12,3190.5

100,849(229,327)(6.8)

Tax Expenses(22,557)(0.9)(13,508)

(0.5)

9,049

191,512

5.6

Profit(Loss) After Taxes(65,972)(2.8)

25,8271.0

91,799(420,839)(12.4)

Ⅲ

Selling,General

andAdministrative expense
Operation Profit(Loss）