Balance Sheet
As of March 31, 2020
(Yen)
Item
I. Assets
1. Current Assets
Cash and Deposits
Consumption taxes receivable
Prepayments
Suspense payments
Total Current Assets
2. Fixed Assets(1) Specified Assets
Accumulated Assets for Operating Costs
Assets for the Fund
Total specified assets(2) Other Fixed Assets
Buildings
Cumulative depreciation of buildings (-)
Furniture, Fixtures and Equipment
Accumulated Depreciation of Furniture,
Fixtures and Equipment (-)
Long-term guarantee deposits
Total Other Fixed Assets
Total Fixed Assets
Total assets
II. Liabilities
1. Current Liabilities
Accounts Payable - Other
Income Taxes Payable
Accrued consumption taxes
Deposits Taken
Total Current Liabilities
2. Long-term Liabilities
Allowance for Relocation Work Expenses
Total Long-term Liabilities
Total Liabilities
III. Net Assets
1. Fund(Amount allocated to Specified Assets)
2. Designated Net Assets
3. General Net Assets(Amount allocated to Specified Assets)
Total Net Assets
Total Liabilities and Net Assets

Current fiscal year

Previous fiscal year

Change64,949,004
5,217,200
6,961,182
99,25577,226,641

112,437,361
0
1,509,912
0
113,947,273-47,488,357
5,217,200
5,451,270
99,255-36,720,632

169,360,000
500,000,000
669,360,000

199,360,000
500,000,000
699,360,000-30,000,000
0-30,000,000

3,781,960-2,015,851
9,505,960

4,168,847-2,451,911
3,022,456-386,887
436,060
6,483,504-2,434,881-1,190,199-1,244,682

6,284,400
15,121,588
684,481,588
761,708,229

6,284,400
9,833,593
709,193,593
823,140,866

05,287,995-24,712,005-61,432,637

14,159,261
70,000018,37814,247,639

17,650,781
70,00028,230,900
8,984
45,960,665-3,491,520
0-28,230,900
9,394-31,713,026

15,840,073
15,840,073
30,087,712

6,167,218
6,167,218
52,127,883

9,672,855
9,672,855-22,040,171

500,000,000(500,000,000)
0
231,620,517(169,360,000)
731,620,517
761,708,229

500,000,000(500,000,000)
0271,012,983(199,360,000)
771,012,983
823,140,8660(0)0-39,392,466(-30,000,000)-39,392,466-61,432,637

Statement of Changes in Net Assets
April 1, 2019 to March 31, 2020
(Yen)
Item
I. Changes in General Net Assets
1. Changes in Ordinary Revenue and Expenses(1) Ordinary Revenue
Membership Dues
(Expense Contributions)Operating Expense Contributions
Enrollment Fees
Enrollment Fees
Revenue from Management of Specified Assets
Interest Received from Specified Assets
Miscellaneous Revenue(Miscellaneous Revenue)
Interest Received
Miscellaneous Revenue
Total Ordinary Revenue(2) Ordinary Expenses
Operating Expenses(Personnel Expenses)
Payroll allowance
Retirement benefit expenses(Public Relations Expenses)
Public Relations Expenses(Membership and Meeting Expenses)
Membership Expenses
Meeting Expenses(Property Expenses)
Travel and Transportation Expenses
Communication and Transport Expenses
Printing and Binding ExpensesConsumable Supplies Expenses
Books and Newspaper Expenses
Outsourcing Expenses
Rental Fees
Repair Costs
Depreciation
Provision of Allowance forRelocation Work Expenses(Taxes and Dues・Miscellaneous Expenses)
Taxes and Dues
Miscellaneous stipends
Miscellaneous Expenses
Administrative Expenses(Personnel Expenses)
Payroll allowance
Retirement benefit expenses(Public Relations Expenses)
Public Relations Expenses(Property Expenses)
Travel and Transportation Expenses
Communication and Transport Expenses
Printing and Binding Expenses
Consumable Supplies Expenses
Books and Newspaper Expenses
Outsourcing Expenses
Building Management Expenses
Rental FeesRepair Costs
Utilities expense
Insurance expenses

Current fiscal year

Previous fiscal year

Change526,159,000(526,159,000)
526,159,000
00
1,874
1,874
403,269(403,269)
803
402,466
526,564,143

606,345,000(606,345,000)
606,345,000
175,880,000
175,880,000
44,02544,025
1,237,260(1,237,260)
981
1,236,279
783,506,285-80,186,000(△80,186,000)-80,186,000-175,880,000-175,880,000-42,151-42,151-833,991(-833,991)-178-833,813-256,942,142

324,251,814(209,717,920)
199,383,798
10,334,122(5,157,500)
5,157,500(2,970,497)
50,0002,920,497(86,287,682)
3,683,766
39,898,854
2,976,984
1,896,614
189,613
10,281,900
3,401,882
5,197,119
2,435,812

344,201,950(241,409,100)
229,977,310
11,431,790(1,176,100)
1,176,100(2,024,228)
50,0001,974,228(61,318,616)
5,051,006
38,821,676
4,696,398
1,461,166
206,5075,599,200
3,262,326
267,564
1,121,238-19,950,136(-31,691,180)-30,593,512-1,097,668(3,981,400)
3,981,400(946,269)
0946,269(24,969,066)-1,367,240
1,077,178-1,719,414
435,448-16,894
4,682,700
139,556
4,929,555
1,314,574

16,325,138

831,535

15,493,603(20,118,215)
27,0009,741,108
10,350,107(38,273,906)
37,60030,536,238
7,700,068(-18,155,691)-10,600-20,795,130
2,650,039

241,202,438(192,167,636)
181,726,700
10,440,936(2,017,429)
2,017,429(35,190,820)
81,4115,315,548
136,800
1,325,272
11,0409,293,800
839,605
15,773,860
2,233,121
160,603
19,760243,365,941(196,841,758)
187,419,332
9,422,426(6,159,000)
6,159,000(32,145,636)
2,753
4,960,831
124,500
559,746
08,612,800
1,149,865
15,720,058
995,323
0
19,760-2,163,503(-4,674,122)-5,692,632
1,018,510(△4,141,571)-4,141,571(3,045,184)
78,658354,717
12,300765,526
11,040681,000-310,260
53,802
1,237,798
160,6030

Item(Taxes and Dues・Miscellaneous Expenses)
Taxes and Dues
Training expenses
Miscellaneous stipends
Miscellaneous Expenses
Total Ordinary Expenses
Changes in Ordinary Expenses
during the Current Year

Current fiscal year Previous fiscal year
(11,826,553)(8,219,547)
590,694
464,659
548,577
504,745
10,000,000
6,518,489
687,282
731,654565,454,252
587,567,891

Change(3,607,006)
126,035
43,8323,481,511-44,372-22,113,639-38,890,109

195,938,394-234,828,503

0

0

0

432,357
432,357
432,357000432,357
432,357
432,357-432,357

0-432,357-39,322,466

195,938,394-235,260,860

70,00070,0000-39,392,466

195,868,394-235,260,860

271,012,983
231,620,517

75,144,589
271,012,983

195,868,394-39,392,466

000000000

III. Changes in Fund
Changes in the Fund during the Current Year
Beginning Balance of Fund
Ending Balance of Fund

0500,000,000
500,000,000

0500,000,000
500,000,000000

IV. Balance of Net Assets at Year End
Balance of Net Assets at Year End

731,620,517

771,012,983-39,392,466

2. Changes in Non-recurring Revenue and Expenses(1) Non-recurring Revenue
Total Non-recurring Revenue(2) Non-recurring Expenses
Loss on retirement of noncurrent assets
Loss on retirement of buildings
Total Non-recurring Expenses
Changes in Non-recurring Expenses
during the Current Year
Changes in General Net Assets
during the Current Year Before Taxes
Income Tax, Resident Tax, and Business Tax
Changes in General Net Assets
during the Current Year
Beginning Balance of Net Assets
Ending Balance of Net Assets
II. Changes in Designated Net Assets
Changes in Designated Assets
during the Current Year
Beginning Balance of Designated Net Assets
Ending Balance of Designated Net Assets

Notes to Financial Statements
1. Important accounting policies(1) Depreciation method for fixed assets
i. Buildings, structures, and furniture, fixtures and equipment
Declining-balance method. However, the straight-line method is applied to equipment
attached to buildings and structures acquired on or after April 1, 2016.
ii. Software
Straight-line method is applied.
iii. Leased assets (leased assets from finance lease transactions excluding those accompanied
by a transfer of ownership)
The lease period is set as the service life and the straight-line method is used until theresidual value reaches zero.
(2) Basis for accruing allowances○ Allowance for Relocation Work Expenses
The allowance is estimated from the costs required for removal work in the current Zengin
Centers as a point of closing the 7th Zengin system contract (planed for November 2027)
that started in November 2019.
(3) Accounting treatment of consumption tax, etc.
The tax exclusion method is applied.
2. Change in specified assets and respective balances
Changes in the specified assets and the respective balances are as follows:
(Yen)
Item

Balance at endof previous year

Increase incurrent year

Decrease incurrent year

Balance at endof current year

Specified Assets
Accumulated Assets
for Operating Costs
Assets for the Fund

199,360,000

030,000,000

169,360,000

500,000,00000500,000,000

Total

699,360,000

030,000,000

669,360,000

3. Breakdown of the source of specified assets
Specified assets are broken down as follows:
(Yen)
Item
Specified Assets
Accumulated Assets
for Operating Costs
Assets for the Fund
Total

Balance at endof current year

(Amount
Allocated fromthe Fund)(AmountAllocated fromGeneral Net
Assets)169,360,000――

169,360,000――

500,000,000
669,360,000

500,000,000500,000,000――
169,360,000――――(Amount for
liabilities)

4. Cash and Marketable securities held as collateral
8,213,615,390,000 yen in Cash and 616,667,254,925 yen (the market value at the end of thecurrent year) in Marketable securities are held from member financial institutions as collateral inaccordance with the Domestic Fund Transfer System.
5. Changes in fund and respective balances
Changes in the fund and the respective balances are as follows:(Yen)
Item
Fund
Fund
Total

Balance at endof previous year
500,000,000
500,000,000

Increase incurrent year

Decrease incurrent year
00

Balance at endof current year00

500,000,000
500,000,000