Asgent, Inc.

Summary of Non-Consolidated Financial Results
Financial Highlights(For the 6Months Ended September 30, 2012)

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

+81-3-6853-7401

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

Net sales
For the 6Months Ended

Millions of yen

Operating Income Ordinary income
Millions of yen

Millions of yen

Net income
Millions of yen

Sep. 30, 2012

1,731 △9.1%

118 △3.2%

122 △4.1%

81Sep. 30, 2011

1,906 △10.4%

122 △47.3%

127 △44.9%

82 △56.2％△0.6%

Note: the% value represents the changes from the same quarter of the previous year

Basic EPS

Diluted EPS

For the 6Months Ended

Yen

Yen

Sep. 30, 2012

2,076.68－

Sep. 30, 2011

2,075.07－

Total Assets

Shareholders’EquityShareholders’Equity ratio

As ofMillions of yen

Millions of yen%Sep. 30, 2012

2,495

1,949

78.0%

Mar. 31, 2012

2,847

1,902

66.8%

(2) Financial Conditions(3) Forecast for the Financial Results ( For the year ending March 31, 2013 )Net sales
For period ending

Mar. 31, 2013

Millions of yen

4,050

1.0%

Operatind income Ordinary income
Millions of yen

220

3.5%

Millions of yen

220

0.6%

Net income

EPS

Millions of yen

Yen

130

16.2%

3,283.24

2. Financial statements(For the 6Months Ended September 30, 2012)(1) Balance Sheets
Note: Figures less than one thousand yen omitted
Account Title

Mar. 31, 2012

Sep. 30, 2012

AmountAmountAssetsCurrent assets
Cash and deposits

1,038,661

1,155,368Accounts receivable-trade

1,263,173

731,908

Short-term investment securities

100,000

100,000

Merchandise and finished goods

36,87445,096Work in process

178

4,984

Advance payments-trade

212

1,544

Prepaid expenses

9,437

20,042

Deferred tax assets

49,38733,913

Other

10,75819,210

(101)

(58)

2,508,583

2,112,009

Buildings, net

37,84554,291Tools, furniture and fixtures, net

163,274

169,101

819

1,664

1,095

1,095

Total property, plant and equipment

203,035

226,153

Intangible assets

14,355

10,742

Investments and other assets

121,700146,392

339,091

383,287

2,847,674

2,495,297

Accounts payable-trade368,934

175,924

Short-term loans payable

100,000

125,000

Current portion of long-term loans payable

15,000－Accounts payable-other158,668

44,347

Accrued expenses

45,711

39,313

Income taxes payable

88,46630,862

Accrued consumption taxes

27,909－－399

18,133
4,077
47,240

10,258
4,158
38,071

598

938

874,740469,273

Allowance for doubtful accounts
Total current assets
Noncurrent assets
Property, plant and equipment

Land
Construction in progressTotal noncurrent assets
Total assets
Liabilities
Current liabilities

Advances received
Deposits received
Unearned revenue
Provision for bonuses
Other
Total current liabilities

Note: Figures less than one thousand yen omitted
Account Title

Mar. 31, 2012

Sep. 30, 2012

AmountAmountNoncurrent liabilities
Provision for retirement benefits

70,37476,06970,37476,069945,115545,342

Capital stock

771,110771,110

Capital surplus

705,200

705,200

Retained earnings

429,107491,008－(17,221)

1,905,417

1,950,097

Valuation difference on available-for-sale securities(3,368)(3,312)

Total valuation and translation adjustments(3,368)(3,312)

510

3,170

1,902,559

1,949,955

2,847,674

2,495,297

Total noncurrent liabilities
Total liabilities
Net assets
Shareholders' equity

Treasury stock
Total shareholders' equity
Valuation and translation adjustments

Subscription rights to shares
Total net assets
Total liabilities and net assets

(2) Statements of Income
Note: Figures less than one thousand yen omitted
Account Title

Sep. 30, 2011

Sep. 30, 2012

AmountAmount

Ⅰ Net Sales

1,906,000

1,731,739

Ⅱ Cost of Sales

1,229,106

1,086,772

Gross Profit

676,893644,966

554,103526,130

Operating Income

122,790

118,836

Ⅳ Non-operating Income

6,138

4,400

Ⅴ Non-operating Expenses

1,234

748

Ordinary Income

127,694

122,488

Ⅵ Extraordinary Losses

2,799

242

Income Before Taxes

124,894

122,246

Tax Expenses

42,73240,548

Income After Taxes

82,162

81,698

Ⅲ Selling, General and Administrative Expenses

(3) Statements of Cash Flows
Note: Figures less than one thousand yen omitted.
6Mounths Ended
6MonthsEnded
Sep 30, 2011
Sep 30, 2012
AmountAmountⅠ Cash Flow from Operating Activities
Income before income taxes
Depreciation and amortization
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in provision for bonuses
Increase (decrease) in provision for retirement benefits
Interest income
Interest expenses
Foreign exchange losses (gains)

124,894
44,499
(18)
1,662
4,497
(117)
1,074
111
290
227,062(79,219)(116,089)
83,945(8,253)29,848314,188117(1,036)(12,436)
300,831

122,246
44,377(42)(9,169)5,694(1,170)
541
(56)
242
531,264(13,027)(193,009)(1,332)(74,580)(75,450)
336,527
1,170(477)(84,205)
253,015(16,949)－－
325－(103,069)
(438)
5,241
－
(1,800)－(12,290)(16,624)(112,356)

Purchase of treasury stock－(17,221)

Net increase (decrease) in short-term loans payable－

25,000

Repayment of long-term loans payable(17,000)(15,000)

Redemption of bonds(16,500)

－－

2,660

(19,427)(19,448)(52,927)(24,009)

Ⅳ Effect of Exchange Rate on Cash and Cash Equivalents

(111)

56

Ⅴ Net Decrease in Cash and Cash Equivalents
Ⅵ Cash and Cash Equivalents at the Beginning of the Fiscal Year
Ⅶ Cash and Cash Equivalents at the End of Period

231,168
1,133,115
1,364,283

116,707
1,038,661
1,155,368

Loss on retirement of property, plant and equipment and intangible assets

Decrease (increase) in notes and accounts receivable-trade

Decrease (increase) in inventories
Increase (decrease) in notes and accounts payable-trade

Decrease (increase) in advance payments
Increase (decrease) in accounts payable-other
Other, net
SubtotalInterest and dividends income received
Interest expenses paid
Income taxes paid
Net Cash Provided by Operating Activities
Ⅱ Cash Flows from Investing Activities
Purchase of property, plant and equipment
Purchase of intangible assets
Proceeds from sales of property, plant and equipment
Proceeds from collection of guarantee deposits
Payments for guarantee deposits
Purchase of memberships
Net Cash Used in Investing Activities
Ⅲ Cash Flows from Financing Activities

Proceeds from issuance of subscription rights to shares

Cash dividends paid
Net Cash Used in Financing Activities