POINT INC. (2685) Summary of Interim Financial Results for February 2008 Fiscal Year

Summary of Interim Financial Resultsfor the Fiscal Year Ending February 29, 2008
October 4, 2007
Listing: TSE 1st section
Company name: POINT INC.
Stock code:
2685
URL: http://www.point.co.jp
Representative:
Toshiaki Ishii, President and Representative Director
Contact:
Tsuyoshi Matsuda, Corporate Officer, General Manager of Administration Division Tel: +81-3-3243-6011
Scheduled date of filing of Semiannual Report: November 16, 2007
Scheduled date of payment of dividend:
October 29, 2007
(All amounts are rounded down to the nearest million yen)

1. Consolidated Financial Results for the First Half Ended August 31, 2007 (March 1, 2007 – August 31, 2007)(1) Consolidated results of operations(Percentages represent year-on-year changes)
Net sales

Operating income

Million yen

First half ended Aug. 2007
First half ended Aug. 2006
Fiscal year ended Feb. 2007%

32,077
26,54561,650Million yen

20.8
18.3
-

Ordinary income%

Million yen%

7.7
6.8
-

5,348
4,934
12,324

8.4
7.0-

5,303
4,924
12,287

Net income per share

Diluted net income per share

Yen

Yen

First half ended Aug. 2007
121.53First half ended Aug. 2006
106.37
Fiscal year ended Feb. 2007
270.25
Reference: Equity in earnings of affiliates
Aug. 2007:
0 million yen

Net income
Million yen%

3,065
2,720
6,877

12.7
6.3
-121.49105.83269.30Aug. 2006:- million yen

Feb. 2007:- million yen(2) Consolidated financial position
Total assets

Net assets

Equity ratio

Net assets per share

Million yen

Million yen%

Yen

As of Aug. 31, 2007
34,043As of Aug. 31, 2006
29,383As of Feb. 28, 2007
34,377
Reference: Shareholders’ equity
Aug. 2007:
21,717 million yen
Aug. 2006:(3) Consolidated cash flow position
Cash flows fromoperating activities

63.8
63.4
56.8

18,630 million yen

860.55726.35775.00Feb. 2007:

19,522 million yen

Cash flows frominvesting activities

Cash flows fromfinancing activities

Cash and cash equivalents
at end of the period

Million yen

Million yen

Million yen

Million yen

First half ended Aug. 2007
First half ended Aug. 2006
Fiscal year ended Feb. 2007

21,751
18,643
19,547

582
803
8,584

(5,044)(1,017)(2,140)(1,409)(982)(4,307)

11,141
13,67517,0092. Dividends
Dividend per share(Record date)

InterimYearend

AnnualYen

Yen

Yen

Fiscal year ended Feb. 2007
Fiscal year ending Feb. 2008
Fiscal year ending Feb. 2008 (forecast)

20.00
30.00

40.00

60.00
70.00

40.00

3. Consolidated Forecast for the Fiscal Year Ending February 29, 2008 (March 1, 2007 – February 29, 2008)(Percentages represent year-on-year changes)
Net sales
Full year

Operating income

Ordinary income

Million yen%

Million yen%

Million yen

72,70017.9

13,200

7.4

13,200- 1 -%7.1Net incomeMillion yen

7,300

Net income per share%

6.1

Yen

289.40POINT INC. (2685) Summary of Interim Financial Results for February 2008 Fiscal Year

4. Other(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in changes in scope ofconsolidation): None
(2) Changes in accounting principles, procedures and presentation methods for preparation of consolidated interim financial
statements
1) Changes caused by revision of accounting standards: Yes
2) Other changes: None
(3) Number of outstanding shares (common shares)
1) Number of shares outstanding at end of period (including treasury stock)
Aug. 2007:

25,990,720 sharesAug. 2006:

25,990,720 sharesFeb. 2007:

25,990,720 sharesAug. 2006:

340,932 sharesFeb. 2007:

800,287 shares

2) Number of treasury stock at end of period
Aug. 2007:

753,494 shares(For reference) Summary of Non-consolidated Financial Results
1. Non-consolidated Financial Results for the First Half Ended August 31, 2007 (March 1, 2007 – August 31, 2007)(1) Non-consolidated results of operations(Percentages represent year-on-year changes)

Net sales

Operating income

Million yen

First half ended Aug. 2007
First half ended Aug. 2006
Fiscal year ended Feb. 2007

31,68326,262
60,957%

Million yen

20.6
18.1
-

5,194
4,862
12,114

Ordinary income%

Million yen

%

6.8
6.7
-

5,278
4,914
12,191

7.4
7.3-

Net income
Million yen

%

3,034
2,725
6,808

11.4
6.9
-

Net income per share
YenFirst half ended Aug. 2007
First half ended Aug. 2006
Fiscal year ended Feb. 2007

120.32106.56267.52(2) Non-consolidated financial position
Total assets

Net assets

Equity ratioMillion yen

Million yen%

As of Aug. 31, 2007
33,695
As of Aug. 31, 2006
29,164As of Feb. 28, 2007
34,059Reference: Shareholders’ equity
Aug. 2007:
21,477 million yen
Aug. 2006:

Net assets per shareYen

21,511
18,517
19,343

63.7
63.4
56.7

18,504 million yen

851.04721.44766.90Feb. 2007:

19,318 million yen

2. Non-consolidated Forecast for the Fiscal Year Ending February 29, 2008 (March 1, 2007 – February 29, 2008)(Percentages represent year-on-year changes)
Net sales
Full year

Operating income

Ordinary income

Million yen%Million yen%

Million yen

72,00018.1

13,1008.1

13,100%7.5

Net income
Million yen

7,300

Net income per share%

7.2

Yen

289.40* Cautionary statement with respect to forward-looking statements
Point Inc. has revised its forecast for the full year of the fiscal year ending February 29, 2008 (released on April 5, 2007).
Forward-looking statements in this report are based on reasonable judgments in accordance with information currently available. Actual
results may differ significantly from these forecasts for a number of factors.

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