[Translation]
July 28, 2011

Consolidated Summary Report of Operating Results for the Second Quarter of Fiscal 2011
(Year ending December 2011) [Japan GAAP]
Company name:

Future Architect, Inc.

Shares listed on: First Section of Tokyo Stock Exchange
Security code number 4722
Website: http://www.future.co.jp/
Representative:

Yasufumi Kanemaru, Chairman and CEO

Contact:

Yoshihiko Nakajima, Executive OfficerTel.:+81-3-5740-5724

Scheduled submit date of quarterly report: August 12, 2011
Scheduled date for distribution of dividend payments: September 22, 2011
Creation of supplemental material on quarterly financial results:

Yes

Holding of quarterly results briefing:

Yes (for institutional investors and securities analysts)(Amount rounded off to million yen)

1. Consolidated Results for the Second Quarter of Fiscal 2011 (January 1, 2011 to June 30, 2011)(1) Consolidated operating results (accumulated total)(Percentages are year-on-year changes)
Net sales
2Q, Fiscal 2011
2Q, Fiscal 2010

Operating income

Ordinary income

Quarterly net income

Million yen%

Million yen%

Million yen%

Million yen%

11,768
10,9387.6(15.8)

1,629
1,080

50.9
(34.2)

1,711
1,147

49.2
(32.8)

1,073
529

102.8
(44.3)

Quarterly net income
per share

Quarterly net income
per share (fully diluted)

Yen

2Q, Fiscal 2011
2Q, Fiscal 2010

Yen

2,350.20
1,158.73––(2) Consolidated financial position
Total assets
2Q, Fiscal 2011
Fiscal 2010

Shareholders’equity ratio

Net assets

Net assets per share

Million yen

Million yen%

Yen

14,292
13,931

11,124
10,662

77.8
76.5

24,361.53
23,349.47(Reference) Shareholders’ equity 2Q, Fiscal 2011:

11,124 million yen

Fiscal 2010:

10,662 million yen

2. Dividends
Dividends per share (yen)End of the first End of the second End of the third
quarter dividend quarter dividend quarter dividend
Yen

Fiscal 2010
Fiscal 2011
Fiscal 2011 (Forecast)

–
–

Yen

Year-end
dividend

Yen

0.00
750.00

Total
Yen

Yen

–

1,200.00

1,200.00–

750.001,500.00

Note: Modification of the projected dividends in the current quarter: No

3. Projected Consolidated Results for Fiscal 2011 (January 1, 2011 to December 31, 2011)(Percentages are year-on-year changes)

Net sales
Full year

Operating income Ordinary income

Net income
Million yen

Million yen%

Million yen%

Million yen%

24,500

8.2

3,400

8.2

3,450

5.1

Note: Modification of the projected consolidated results in the current quarter:No

Net income per share%

Yen

1,950 22.5

4,270.40

[Translation]

4. Others (For details, refer to “Other Information” on page 3 of the accompanying material.))(1) Changes in significant subsidiaries in the second quarter of the fiscal year under review: No
New:- companies(company names)

Exclusion:- companies(company names)

Note: Changes in specified subsidiaries that involved changes in the scope of consolidation during the period under review.

(2) Adoption of application of simplified accounting and application of special accounting:Yes

Note: Application of simplified and special accounting for the preparation of quarterly consolidated financial statements.

(3) Changes in principle, procedure, presentation
a. Changes accompanying revision of accounting standards: Yes
b. Changes other than a.:No

Note: Changes in accounting principles, procedures, presentation, etc. of the accounting process for preparation of quarterly consolidated
financial statements which are stated in “Change in important matters in preparing quarterly consolidated financial statements.”(4) Number of outstanding shares (common stock)
a.

b.

c.

Total outstanding shares as of the end of the period (including treasury stocks)
2Q, Fiscal 2011:

476,640 sharesFiscal 2010:

476,640 shares

Total treasury stocks as of the end of the period
2Q, Fiscal 2011:

20,008 sharesFiscal 2010:

20,008 shares

Average number of outstanding stocks during the quarter under review (accumulated period for quarter)
2Q, Fiscal 2011:

456,632 shares

2Q, Fiscal 2010:

456,632 shares*Indication of quarterly review procedure implementation status
This quarterly earnings report is exempt from the quarterly review procedures based upon the Financial Instruments
and Exchange Act. At the time of this document’s release, review procedures for the quarterly financial statements
under the Financial Instruments and Exchange Act had not been completed.
*Points to note about the proper use of projections, and other noteworthy events
The above projection, representing our best estimate based on information currently available to us, incorporates
uncertain factors. For details of the preconditions used in making the above-mentioned forecast and other relevant
matters, refer to “Qualitative Information on the Consolidated Results Forecast” on page 3 of the accompanying
material of the quarterly earnings report.

 Contents

1. Qualitative information about consolidated operating results for the second quarter of the fiscal year under review ...................... 2(1) Qualitative information about consolidated operating results ................................................................................................... 2(2) Qualitative information about consolidated financial condition ............................................................................................... 2(3) Qualitative information about consolidated earnings forecast .................................................................................................. 3
2. Other information ............................................................................................................................................................................. 3(1) Changes in significant subsidiaries ........................................................................................................................................... 3(2) Overview of application of simplified accounting and application of special accounting ........................................................ 3(3) Overview of changes in accounting principles, procedures, presentation, etc. of the accounting ............................................. 3
3. Quarterly Period Consolidated Financial Statements ........................................................................................................................ 4(1) Quarterly Period Consolidated Balance Sheets......................................................................................................................... 4(2) Quarterly Period Consolidated Statements of Income (First half period) ................................................................................. 6(3) Quarterly Period Consolidated Statements of Cash Flows........................................................................................................ 8(4) Notes regarding premise of surviving company ..................................................................................................................... 10(5) Segment information .............................................................................................................................................................. 11(6) Notes when any significant change to shareholders’ equity takes place ................................................................................. 13
4. Supplemental information............................................................................................................................................................... 14(1) Orders received ....................................................................................................................................................................... 14-1-

1. Qualitative information about consolidated operating results for the second quarter of the fiscal year underreview(1) Qualitative information about consolidated operating results
During the first half of the current fiscal year under review, the Japanese economy continued to recover moderately earlier inthe period driven by economic development in emerging countries. This was despite negative factors such as deepening deflation,
the yen’s appreciation and higher oil prices. However, the Great East Japan Earthquake on March 11, 2011 caused power supply
shortages and damaged supply chains. This led to a slowdown in production activities and depressed consumer sentiment.
Accordingly, uncertainties over the future outlook for the country’s economy increased.
Under such circumstances, the Group’s net sales for the first half under review were ¥11,768 million, up 7.6% from thecorresponding period of the previous fiscal year. Operating income increased 50.9% to ¥1,629 million, ordinary income rose
49.2% to ¥1,711 million and net income jumped 102.8% to ¥1,073 million. Net sales and operating income fell slightly short of
the forecast previously announced for the said period, while ordinary income and net income exceeded the forecast.
Operating results of each business segment are as follows. The operating results of each business segment represent values
before adjustment of internal sales or transfers among segments.
In the IT Consulting Business, although there were many large projects whose development reached peaks just before cutovers,
every project progressed smoothly. The utilization rate of consultants remained higher than a year earlier. As a result, net sales forthe period under review increased 8.8% from a year ago to ¥7,413 million and operating income rose 25.0% to ¥1,450 million.
Net sales from consulting service, excluding products procured from outside such as hardware related to the introduction ofsystems, increased 19.9% year-on-year.
In the Package & Service Business, Ascendia Inc. continued to be steady from the previous fiscal year. Future One, Inc.’s
performance, which weakened in the first quarter, picked up in the second quarter. Consequently, net sales were ¥2,193 million,
up 15.7%, and operating income was ¥120 million, compared to a ¥65 million loss a year ago.
In the Corporate Revitalization Business, the grocery supermarket (Uoei Shoten Corporation) saw its gross profit margin record
23.8%, up from 22.5% a year earlier, due to the implementation of optimum sales strategies and appropriate inventory management,
which was achieved using IT. In addition, selling, general and administrative expenses decreased by controlling sales promotion
expenses under an efficient advertisement strategy. As a result, net sales were ¥2,324 million, up 3.0% from a year ago. Operating
income was ¥47 million (compared to a ¥0 million loss a year earlier), marking the first profit for any first half.
With the application of the “Accounting Standard for Segment Information Disclosures,” we have made changes so that only
Uoei Shoten Corporation is engaged in the Corporate Revitalization Business. Hence, a year-on-year comparison was made using
figures for the first half of the previous fiscal year, calculated on the basis of a reclassification of business segments. For further
details, please refer to “Segment information” on pages 11 to 13 of the Attachment.
(2) Qualitative information about consolidated financial condition(Assets, liabilities and net asset)
Total assets at the end of the second quarter under review were ¥14,292 million, up ¥360 million from the end of the previous
consolidated fiscal year. The main factors included increases of cash and deposits (an increase of ¥712 million from the end of
the previous consolidated fiscal year) and deposits and guarantees (up ¥145 million).
Liabilities decreased by ¥101 million from the end of the previous consolidated fiscal year to ¥3,168 million. The main factors
included decreases of income tax payable, etc. (a decrease of ¥212 million from the end of the previous consolidated fiscal year)
and reserve for quality assurance (down ¥62 million).
Net assets increased by ¥462 million from the end of the previous consolidated fiscal year to ¥11,124 million. The main factors
included an increase of retained earnings (an increase of ¥525 million from the end of the previous consolidated fiscal year).
(Analysis of cash flows)
Net cash inflow from operating activities was ¥1,216 million (compared to an inflow of ¥339 million for the corresponding
period of the previous fiscal year), primarily due to the posting of net income before taxes for the period of ¥1,714 million and adecrease of accounts receivable of ¥524 million.
Net cash inflow from investing activities totaled ¥87 million (compared to an inflow of ¥248 million for the corresponding
period of the previous fiscal year), reflecting payments for deposits and guarantee of ¥159 million and proceeds from sales of-2-

investment securities of ¥228 million.
Net cash outflow from financing activities was ¥562 million (compared with an outflow of ¥243 million in the previous
corresponding period), mainly due to a dividend payment of ¥546 million.
As a result of these operating, investing, and financing activities, the balance of cash and cash equivalents at the end of thesecond quarter under review was ¥5,895 million.
(3) Qualitative information about consolidated earnings forecast
At present, it is still difficult to forecast the impact of the Great East Japan Earthquake and subsequent nuclear power plant
accidents and power supply shortages on Japan’s future economy and corporate activities. Fortunately, the effects of theearthquake and such like have not led to serious postponement or cancellation of existing projects. We also think that the power
shortage is unlikely to significantly hinder the Group’s operations at the moment. Besides, earnings results for the first half underreview fell nearly within the range of expectations, and we are continuing to receive steady inquiries about projects. Given thesituation, the Company will make no revision to the earnings forecast for the full fiscal year ending December 2011 that itannounced on April 26, 2011.

2. Other information(1) Changes in significant subsidiaries
Not applicable.
(2) Overview of application of simplified accounting and application of special accounting
1. Simplified accounting
In assessing the collectability of deferred tax assets, the Company takes into account the earnings forecast that was used in theprevious fiscal year and tax planning, given that there have been no significant changes in the management environment or the
status of occurrence of temporary differences since the end of the previous consolidated fiscal year.
2. Special accounting
Income taxes and payables are calculated by appropriately estimating the legal effective tax rate after the adoption of tax effectaccounting which is to be assessed upon net income before taxes of the consolidated fiscal year including the consolidated
second quarter under review and multiplying such estimated legal effective tax rate by the net income before taxes of theconsolidated second quarter.
The adjustment amount for corporate tax, etc., is included in the amount of corporate tax, etc.
(3) Overview of changes in accounting principles, procedures, presentation, etc. of the accounting(Application of accounting standard for asset retirement obligations)
Beginning in the first quarter of the current fiscal year under review, the Group applied the “Accounting Standard for Asset
Retirement Obligations” (ASBJ Statement No. 18, March 31, 2008) and the “Guidelines for the Application of the AccountingStandard for Asset Retirement Obligations” (ASBJ Guidelines No. 21, March 31, 2008).
This change reduced operating income and ordinary income by ¥12 million, respectively, and net income before taxes by ¥264
million. The amount of the change in asset retirement obligations incurred due to the initial application of the accounting
standard, etc. was ¥331 million.

-3-3. Quarterly Period Consolidated Financial Statements(1) Quarterly Period Consolidated Balance Sheets
End of the consolidated second
quarter under review(June 30, 2011)
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable
Merchandise and finished goods
Work in process
Accounts receivable-other
Other
Allowance for doubtful accounts
Total current assets
Fixed assets
Tangible fixed assets
Buildings and structures
Accumulated depreciation
Buildings and structures, net
Land
Other
Accumulated depreciation
Other, net
Total tangible fixed assets
Intangible fixed assets
Software
Other
Total intangible fixed assets
Investments and other assets
Investment securities
Other
Allowance for doubtful accounts
Total investments and other assets
Total fixed assets
Total assets-4-(in thousands of yen)
Summarized consolidatedbalance sheets for the end of theprevious consolidated fiscal year
(December 31, 2010)

5,945,351
2,436,753
115,388
53,116
1,353,684
697,287(5,037)
10,596,543

5,233,036
2,941,834
136,929
48,752
1,419,725
506,827(13,001)
10,274,105

3,115,665(2,625,594)
490,071
127,762
1,512,474(1,242,695)
269,779
887,613

2,783,895(2,361,122)
422,772
127,762
1,459,776(1,223,002)
236,773787,309

182,487
20,280202,767

179,203
20,529199,732

1,622,432
1,041,295(58,330)
2,605,397
3,695,777
14,292,321

1,778,560
944,498(52,565)
2,670,494
3,657,535
13,931,640

End of the consolidated second
quarter under review(June 30, 2011)
Liabilities
Current liabilities
Accounts payable
Short-term borrowings
Long-term borrowings due within one year
Income tax payable, etc.
Reserve for bonuses
Reserve for quality assurance
Reserve for loss on projects
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Asset retirement obligations
Negative goodwill
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders’ equity
Common stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders’ equity
Valuation, translation adjustments, etc.
Net unrealized gain (loss) on available-for-salesecurities
Foreign currency translation adjustments
Total valuation, translation adjustments, etc.
Total net assets
Total liabilities and net assets-5-(in thousands of yen)
Summarized consolidatedbalance sheets for the end of theprevious consolidated fiscal year
(December 31, 2010)

662,330
30,00032,000668,567
68,59377,05415,0001,254,221
2,807,767

639,573
30,00032,000880,886
98,783
139,163
7,000
1,343,623
3,171,030–
309,737
26,732
23,828360,298
3,168,066

16,000–52,786
29,71098,496
3,269,527

1,421,815
2,495,772
8,361,421(1,171,668)
11,107,340

1,421,815
2,495,772
7,836,204(1,171,668)
10,582,123

18,43782,095(1,521)
16,915
11,124,255
14,292,321(2,105)79,98910,662,113
13,931,640

(2) Quarterly Period Consolidated Statements of Income (First half period)

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Officers’ remuneration
Salaries and bonuses
Employee training expenses
Research & development expenditures
Depreciation
Recruitment expenses
Amortization of goodwill
Other
Total selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividends income
Amortization of negative goodwill
Equity in income of non-consolidated subsidiaries&affiliates
Other
Total non-operating income
Non-operating expenses
Interest expenses
Other
Total non-operating expenses
Ordinary income-6-First half of the previous
consolidated fiscal year
(from January 1, 2010
to June 30, 2010)
10,938,362
6,687,519
4,250,842(in thousands of yen)First half of the consolidated
fiscal year under review(from January 1, 2011
to June 30, 2011)
11,768,001
7,227,983
4,540,017

153,217
1,672,304
94,86739,791
56,33331,423
4,026
1,118,672
3,170,636
1,080,206

142,218
1,489,149
46,616
26,85751,648102,719–
1,051,081
2,910,290
1,629,726

1,360
16,40528,308

1,190
18,47528,308878

15,17325,40372,357

20,46583,613

2,529
2,984
5,513
1,147,050

709
1,079
1,788
1,711,550

(in thousands of yen)First half of the consolidated
fiscal year under review(from January 1, 2011
to June 30, 2011)

First half of the previous
consolidated fiscal year
(from January 1, 2010
to June 30, 2010)
Extraordinary income
Gains on sale of investment securities
Gains on sale of fixed assets
Reversal of reserve for quality assurance
Compensation for damages received
Total extraordinary income
Extraordinary losses
Losses on prior period adjustment
Losses on disposal of fixed assets
Losses on sale of investment securities
Losses on devaluation of investment securities
Litigation expenses
Effects due to application of accounting standard for
asset retirement obligations
Other
Total extraordinary losses
Net income before taxes (quarterly period)
Income taxes
Income before minority interests
Minority interests in net loss
Quarterly net income

-7-

1,127
1,299
–
–
2,426

160,275
203
38,27594,945
293,700

72,401
4,378
46,10430,000

–
5,743
1,349
1,191
–

–

252,519–
152,884
996,593469,969–(2,490)529,11430,000290,803
1,714,448
641,272
1,073,175–
1,073,175

(3) Quarterly Period Consolidated Statements of Cash Flows(in thousands of yen)First half of the consolidated
fiscal year under review(from January 1, 2011
to June 30, 2011)

First half of the previous
consolidated fiscal year
(from January 1, 2010
to June 30, 2010)
Cash flows from operating activities
Net income before taxes (quarterly period)
Depreciation and amortization
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in reserve for bonuses
Increase (decrease) in reserve for quality assurance
Increase (decrease) in reserve for loss on projects
Increase (decrease) in allowance for retirement benefits
Earned interest and dividends
Interest expenses
Equity in income (losses) of subsidiaries & affiliates
Compensation for damages received
Gains (losses) on sale of fixed assets
Losses on disposal of fixed assets
Gains (losses) on sale of investment securities
Gains (losses) on valuation of investment securities
Litigation expenses
Gains (losses) on prior period adjustment
Effects due to application of accounting standard for
asset retirement obligations
Increase (decrease) in accounts receivable
Increase (decrease) in inventories
Increase (decrease) in accounts payable
Other
SubtotalInterest and dividends received
Interest paid
Income and other taxes
Litigation expenses
Net cash provided by (used in) operating activities-8-996,593
125,091(1,368)(18,914)
20,212
12,00017,578(17,766)
2,529
(878)
–
(1,299)4,378(1,127)
46,10430,00072,401

1,714,448
102,058(2,198)(30,190)(62,109)8,000–(19,665)709(15,173)(94,945)
(203)
5,743
(158,925)
1,191
–
–

–

252,519(430,885)
14,449(73,378)(110,701)
685,017
18,154(2,060)(331,675)(30,000)
339,436

524,072
17,17622,757(271,971)
1,993,290
20,465(791)(796,043)–
1,216,920

First half of the previous
consolidated fiscal year
(from January 1, 2010
to June 30, 2010)
Cash flows from investing activities
Payments into time deposits
Proceeds from withdrawal of time deposits
Purchase of tangible fixed assets
Proceeds from sale of tangible fixed assets
Acquisition of intangible fixed assets
Payments for execution of asset retirement obligations
Proceeds from sale of investment securities
Purchase of shares in affiliates
Payments for deposits and guarantee
Proceeds from collection of deposits and guarantees
Other
Net cash provided by (used in) investing activities
Cash flows from financing activities
Net increase (decrease) in short-term borrowings
Repayment of long-term borrowings
Dividends paid
Net cash provided by (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 at beginning of the period
Cash and cash equivalents at end of the quarterly period-9-(in thousands of yen)First half of the consolidated
fiscal year under review(from January 1, 2011
to June 30, 2011)(30,000)
200,000(113,691)
1,299(4,458)6,327(5,000)(555)
191,582
2,910
248,413–30,000(10,067)
4,389(18,519)(3,800)228,255–(159,156)
14,0582,150
87,309500,000(16,000)(727,023)(243,023)–(16,000)(546,295)(562,295)(2,180)379

342,645
3,585,549
3,928,194

742,314
5,153,036
5,895,351

(4) Notes on the going-concern assumption
Not applicable.

- 10 -

(5) Segment information[Business segment information]
First half of the previous consolidated fiscal year (from January 1, 2010 to June 30, 2010)(in thousands of yen)

IT Consulting
Business

I

Package & Service
Business

Corporate
Revitalization
Business/ New
Operations
Development
Business

Elimination or
corporate

Total

Consolidated

Net sales and operating
income (or loss)
Net sales(1) Net sales to outsideclients

6,855,237

1,802,646

2,280,257

10,938,141

220

10,938,362(2) Inter-segment sales ortransfer

10,45092,24018,942

121,633(121,633)–

6,865,687

1,894,887

2,299,200

11,059,774(121,412)

10,938,362

Operating expenses

Total

5,722,085

1,959,903

2,309,361

9,991,350(133,194)9,858,155

Operating income (loss)

1,143,601(65,015)(10,161)

1,068,424

11,782

1,080,206

7,924,517

1,702,853

712,601

10,339,973

2,549,771

12,889,744

79,48024,58019,916

123,977

1,114

125,091––

41,54941,549–41,54968,55013,15636,443

118,150–

118,150

II Assets, depreciation,
impairment loss andcapital expenditures
AssetsDepreciation
Impairment loss
Capital expenditures

Notes: 1. Method of classifying business segments
Business segments are classified according to the contents of businesses.
2. Main products in each business segment
Business segment
Business operations
IT Consulting Business

To provide solutions by establishing information systems with cutting-edge IT
and practical, advanced techniques, while sharing clients’ managerial issues fromthe viewpoint of management and understanding the essence of clients’ business.

Package & Service Business

To help clients improve their operational efficiency by selling or providing
through ASP operations software packages for highly specialized fields, such as
sales management and ERP, or developing mission-critical systems on acommission basis.

Corporate Revitalization Business/ To get deeply involved in the management team of client firms, revitalize client
New Operations Development
firms through quick and drastic reform focusing on IT, and establish successBusinessmodels for each industry.
To form an alliance with corporations involved in businesses which the Group
does not engage in, or establish and invest in startups, while using andcombining the Company’s overall know-how and technical capability about
management, operations and IT. By doing this, we aim to maximize these client
firms’ value or accelerate their growth, and eventually contribute to thedevelopment of the industries concerned.
3. Assets which were included under “Elimination or corporate” totaled ¥3,362,471 thousand, and consist mainly of surplus
funds (cash and securities) and assets relating to the administration sector.
4. Impairment loss of ¥41,549 thousand for the first half of the consolidated fiscal year under review indicates prior year
impairment adjustments, and is included in losses on prior period adjustments.

- 11 -

[Geographical segment information]
First half of the previous consolidated fiscal year (from January 1, 2010 to June 30, 2010)
Domestic operations accounted for more than 90% of consolidated sales, and thus geographical segment information isomitted.
[Overseas sales]First half of the previous consolidated fiscal year (from January 1, 2010 to June 30, 2010)
Sales from overseas operations accounted for less than 10% of consolidated sales. Overseas sales information is therefore
omitted.

- 12 -

[Segment information]
1. Outline of business segments reported
The business segments reported by the Group are the Company’s constituent units for which separate financial information
is available and for which the Board of Directors conducts periodic investigations to determine the distribution ofmanagement resources and assess business performance.
The entire Group is pushing forward to create future value for clients by providing the most suitable business solutions andoptimal mechanisms, while proactively applying cutting-edge IT technologies. The Group operates businesses to establish
information systems using advanced IT mainly for large clients, provide software packages, consigned development, andeducational and IT services chiefly for small and midsize companies, and reform and revitalize companies centering on IT.
Hence, the Group is composed of businesses segmented by solution and market, and has three reportable segments: the IT
Consulting Business, the Package & Service Business, and the Corporate Revitalization Business.
The business operations of the three reportable segments are as follows:
Segment reported
Business operations
IT Consulting Business

To provide solutions by establishing information systems with cutting-edge IT and practical,
advanced techniques, while sharing clients’ managerial issues from the viewpoint ofmanagement and understanding the essence of clients’ business.

Package & Service
Business

To introduce or provide via cloud and ASP operations software packages for highly specialized
fields, such as sales management and ERP, and provide consigned development, andeducational and IT services to help clients improve their operational efficiency.

Corporate Revitalization
Business

To get deeply involved in the management team of client firms, revitalize client firms throughdrastic reform focusing on IT, and establish success models for each industry.

2. Amounts of net sales and income or loss by business segment reported
First half of the consolidated fiscal year under review (from January 1, 2011 to June 30, 2011)
Segment reported

Net sales(1) Net sales tooutside clients(2) Inter-segment
sales or transfer
Total

IT
Consulting
Business

Package &Corporate
Service Revitalization
Business
Business

7,410,321

1,990,941

3,620

202,2317,413,941

2,193,172

Total

2,323,819 11,725,082
831

206,683

2,324,651 11,931,765

Others(Note 1)

Total

42,919 11,768,001(in thousands of yen)Amount on
Quarterly
PeriodAdjustment
Consolidated(Note 2)
Statementsof Income(Note 3)–

11,768,001

219,723(219,723)–

55,959 11,987,724(219,723)

11,768,001

13,040

Segment income
1,450,905
120,169
47,428 1,618,502(2,652) 1,615,850
13,876
1,629,726
or loss
Notes: 1. “Others,” a segment not included in the business segment reported, include Internet-related businesses and securities
investment, holding, and management activities.
2. “Adjustment” of segment income or loss of ¥13,876 thousand refers to elimination of inter-segment transactions.
3. Segment income or loss is adjusted with operating income in the Quarterly Period Consolidated Statements of Income.
(Additional information)
Beginning from the first quarter of the current fiscal year, the Group applied the “Accounting Standard for Segment
Information Disclosures” (ASBJ Statement No. 17, March 27, 2009) and the “Guidelines for the Application of the
Accounting Standard for Segment Information Disclosures” (ASBJ Guidelines No. 20, March 21, 2008).
(6) Notes when any significant change to shareholders’ equity takes place
Not applicable.

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4. Supplemental information(1) Orders received

Segment

First half of the previous consolidated
fiscal year
(from January 1, 2010 to June 30, 2010)
Orders received
Backlog(in thousands of yen)First half of the consolidated fiscal year
under review(from January 1, 2011 to June 30, 2011)
Orders received
Backlog

IT Consulting Business

8,184,957

4,468,767

6,336,395

3,597,032

Package & Service Business

2,033,253

829,389

2,252,117

958,234

39,957

10,15047,04010,718

10,258,168

5,308,307

8,635,553

4,565,984

OthersTotal

Note: With the application of the “Accounting Standard for Segment Information Disclosures,” the business segment has been
reclassified. Hence, figures for the first half of the previous consolidated fiscal year have been calculated on the basis ofa reclassification of the business segment.

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