Detailed Presentation of Performance for the First Half
Fiscal Year Ending March 31, 2008

November 20, 2007

— Contents —1. Interim Consolidated Statements of Income (Comparisons with the Previous Term)

3

2. Interim Consolidated Statements of Income (Comparisons with Forecasts)

4

3. Interim Consolidated Balance Sheets

5

4. Interim Consolidated Cash Flows6

5. Current Composition of Net Sales and Costs (Nippon COMSYS Non-Consolidated)

7

1. Interim Consolidated Statements of Income(Comparisons with the Previous Term)(Unit: ¥100 million)

Item

Performance in Performance
this term
previous term

Difference

Percentagedifference

Main reasons for increase/decrease

1,433

1,298-135-9.4%• NTT-related (-190), NCC (55), IT solutions (20), Construction (-20)

1,253

1,158-95-7.6%• Cost of sales ratio (From 87.4% to 89.2%; up 1.8 percentage points)

Gross Profits179

139-40-22.3%

Selling, General and Administrative Expenses

10110876.9%• Strategic cost increase (4.0), Expenses of moving offices (1.6)
Personnel costs associated with strengthening of marketing capabilities (1.0)

Operating Income

78

31-47-60.3%• Operating margin (From 5.5% to 2.4%; down 3.1 percentage points)

Other Income

1011110.0%• Growth in interest received

Other Expenses

000—8742-45-51.7%• Recurring profit margin (From 6.1% to 3.2%; down 2.9 percentage points)

Net Sales
Cost of Sales

Recurring Profit• Gross profit margin (From 12.6% to 10.8%; down 1.8 percentage points) • Business company (-10)—

Extraordinary Profit

185-13-72.2%• Gain on sales of fixed assets:• Previous term 7.9 (Land for SANCOM headquarters) This term 0.4 (-7.5)• Gain on sale of investment in securities:• Previous term 6.0 (Sale of shares in Daido and Ishimatsu) This term 0.6 (-5.4)

Extraordinary Loss

62-4-66.7%• Loss on disposal of fixed assets: Previous term 1.2 This term 0.2 (-1.0)• Write-down of investments in securities: Previous term 2.5 This term 0.1 (-2.4)

63

31-32-50.8%• Net profit margin (From 4.4% to 2.5%; down 1.9 percentage points)

Net Income

33. Interim Consolidated Statements of Income(Comparisons with Forecasts)(Unit: ¥100 million)Initial
forecasts

Performance
this year

Difference

Percentage
difference

1,365

1,298-67-4.9%• NTT-related (-115), NCC (28), IT solutions ( 0), Construction (20)

1,193

1,158-35-2.9%• Cost of sales ratio (From 87.4% to 89.2%; up 1.8 percentage points)

Gross Profits172

139-33-19.2%

Selling, General and Administrative Expenses

105

108

32.9%

Operating Income

6731-36-53.7%• Operating margin (From 4.9% to 2.4%; down 2.5 percentage points)

Other Income

1011110.0%• Dividends of non-group companies (+0.7)

Other Expenses

000—

7742-35-45.5%

Extraordinary Profit

055—

Extraordinary Loss

121 100.0%

4531ItemNet Sales

Cost of Sales

Recurring Profit

Net Income-14-31.1%

Main reasons for increase/decrease• Gross profit margin (From 12.6% to 10.8%; down 1.8 percentage points) • Business company (-11)• Strategic cost increase (3)—• Recurring profit margin (From 5.6% to 3.2%; down 2.4 percentage points)• Reversal of allowance for doubtful receivables (2.3), Insurance proceeds upon maturity (1.0)• Gain on sale of investment in securities (0.6)• Special payments on employees’ retirement benefits (0.3)• Net profit margin (From 3.3% to 2.5%; down 0.8 percentage points)

4

3. Interim Consolidated Balance Sheets
ASSETSLIABILITIES AND NET ASSETS(Unit: ¥100 million)(Unit: ¥100 million)

-278

-278

2,299

2,299

2,021

Current
Liabilities

717(-323)

Current Assets

1,598• Advances received onconstruction in progress• Income taxes payable

+33
-197
-41

• Salaries and otheraccounts payable-30• Accounts payable—Trade• Accumulated cost ofconstruction in progress+116• Accounts receivable—trade-346• Cash and cash equivalents

-101

1,275
Long-TermLiabilities

111

2,021(-244)

473

(-14)
• Negative goodwill-7• Accrued severance indemnities-3

97(+44)• Tangible fixed assets

(-20)

+29

(Koenji Building, Ichikawa TS, etc.)

Fixed Assets• Intangible fixed assets

701

As of March 31, 2007

(New internal systems, etc.)

Net Assets+11745

As of September 30, 2007

1,470

• Retained earnings+17• Treasury stock, at cost

-33

As of March 31, 2007

1,450

As of September 30, 20075

4. Interim Consolidated Cash Flows+27
Cash Flows fromOperating Activities• Decrease in receivables—trade +349
• Income before income taxes
and other adjustments
to net income+44• Increase in advances received
on construction in progress+34• Decrease in payables—trade-231• Increase in inventories-115• Cash and cash equivalents
paid for income taxes-48-59
Cash Flows from
Investing Activities• Acquisition and sale of property -56
Koenji Building, Ichikawa TS
Niigata Building, new internal systems(As of March 31, 2007)-71
Cash Flows from
Financing Activities• Acquisitions of treasury stock -50• Cash dividends paid
-14
• Repayment of debt
-7424

Cash andCash Equivalents
at End of Year

(Unit: ¥100 million)

323

-101

Cash andCash Equivalents
at End of Half Year(As of September 30, 2007)
6

5. Current Composition of Net Sales and Costs(Nippon COMSYS Non-Consolidated)
Composition of Net Sales

Rate of Increase in Net Sales
and the Cost Price(Unit: ¥100 million)(Relative weight)(100.0%)(Unit: ¥100 million)

1,063

1,063

1,000

Share of Various Costs
within Total Cost of Sales

Net sales(-210)

119(-210)(Unit: ¥100 million)

(%)

100

944

744

(Rate of increase)

853

944

Gross profits(-40)(100.0%)

800

853
79

Cost of sales(-170)(79.0%)

840

600

NTT Information
Telecommunication
Engineering
-194

687

646

(75.7%)-19.8%

774

Subcontracting costs(-132)

555-18.0%

75

72.7%

Subcontracting
costs ratio-1.1 percentage points

9.8

Materials costs ratio-1.0 percentage points

8.8

10.7

Personnel costs ratio+1.2 percentage points

11.9

6.8

Operating costs ratio+0.9 percentage points

7.7

71.6%

-19.2%50
Breakdownof costof sales

400

200

37(4.3%)

119(14.0%)51(9.9%)105

IT Solutions+1467

Social System-Relatedand Other -16

September 2006

25

93(4.8%)(6.3%)

0ElectricalCommunications
Engineering-1451(6.0%)

September 2007

Materials costs

(-25)

68

-26.9%

100

Personnel costs

(-8)

92

-8.0%

64

Operating costs

(-5)

59

-7.8%

September 2006

September 2007

0(*Including costs of subsidiary businesses)

September 2006

September 20077