Financial Results
For the Fiscal Year 2016 ending January 31, 2016
March 16, 2016

Balance Sheets(Consolidated)Thousands of Yen
31 Jan., 2016

AssetsCurrent assets:
Cash & Cash equivalents
Accounts receivable
Income taxes receivable
Consumption taxes receivable
Deferred tax assets
Other
Allowance for doubtful accounts
Total current assets
Noncurrent assets:
Tangible fixed assets
Buildings (net)
Tools, furniture and fixture (net)Total tangible fixed assets
Intangible fixed assets
Goodwill
Other
Total intangible assets
Investments and other assets
Deferred tax assets
Other
Total investments and other assets
Total noncurrent assets
Total assets

1,984,469
124,457
168,179
176,640
54,116247,261(33,285)
2,721,840

24,73424,70649,441
486,637
13,449500,087
9,462
34,08443,546
593,075
3,314,915

Liabilities
Current liabilities:
Accounts payable
Deposits received
Provision for point card certificates
Other
Total current liabilities
Noncurrent liabilities:
Total noncurrent liabilities
Total liabilities

238,384
980,156
23,255
24,8181,266,614
0
1,266,614

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Net assets
Shareholders' equity:Capital stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders' equity
Accumulated other comprehensive income:Deferred gains or losses on hedges
Total Accumulated other comprehensive income
Subscription rights to shares
Total net assets
Total liabilities and net assets

2

381,903391,474
1,686,846(415,380)
2,044,843
3,131
3,131
326
2,048,301
3,314,915

Statements of Income(Consolidated)Thousands of Yen
FY 2016

Revenue
Cost of revenue
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating revenues:
Interest income
Foreign exchange gains
Other
Total non-operating revenues
Non-operating expenses:
Equity in losses of affiliates
Other
Total non-operating expenses
Ordinary profit
Extraordinary income:Refunded consumption taxes
Total extraordinary income
Extraordinary losses:
Loss on retirement of noncurrent assets
Impairment loss
Loss on valuation of investment securities
Provision of allowance for doubtful accounts
Total extraordinary losses
Net profit (loss) before taxes
Income tax, inhabitants tax and enterprise tax
Income taxes for prior periods
Income tax adjustmentsTotal corporate taxes
Income before minority interests
Net profit (loss)

2,858,336
490,055
2,368,281
2,148,610
219,670
2,039
455
351
2,846
5,320
207
5,528
216,988
93,993
93,993937
2,179
453,41733,285489,819(178,837)
948
38,086(37,445)
1,589(180,426)(180,426)

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Statements of Comprehensive Income

Thousands of Yen
FY 2016

Income before minority interests
Other comprehensive income:
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of the parent
Comprehensive income attributable to minority interests

4(180,426)(43,379)
3,019
(188)
(40,548)(220,975)(220,975)－Statements of Cash Flows

Thousands of Yen
FY 2016

Cash flows from operating activities
Net profit before taxes(178,837)
Depreciation and amortization
12,702
Impairment losses
2,179
Amortization of goodwill
25,612
Increase (decrease) in allowance for doubtful accounts
33,285
Increase (decrease) in provision for point card certificates
17,447
Interest and dividend income(2,039)
Loss (gain) on valuation of securities
453,417
Loss (gain) in foreign exchange(680)
Equity in (earnings) losses of affiliates
5,320
Loss on disposal of fixed assets
937
Decrease (increase) in notes and accounts receivable-trade(49,812)
Increase (decrease) in accounts payable-other171,586
Decrease (increase) in inventories(968)
Increase (decrease) in deposits received(62,130)
Other(445,835)
Sub total(17,816)
Interest and dividends received
2,039
Income taxes paid
(517,048)
Net cash provided by (used in) operating activities(532,824)
Cash flows from investing activities
Payments into time deposits(900,000)
Proceeds from withdrawal of time deposits
1,200,000
Purchase of property, plant and equipment(37,314)Purchase of investment securities(44,160)
Purchase of investments in subsidiaries resulting in change in scope of consolidation (513,701)
Other(6,405)
Net cash provided by (used in) investing activities(301,582)
Cash flows from financing activities
Proceeds from issuance of subscription rights to shares
75
Purchase of treasury stock(415,604)
Other(43)Net cash provided by (used in) financing activities(415,573)
Effect of exchange rate changes on cash and cash equivalents
680
Net increase (decrease) in cash and cash equivalents(1,249,299)
Cash and cash equivalents at the beginning of the period
2,933,769
Cash and cash equivalents at the end of the period
1,684,469

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