HIGHLIGHTSSECOM CO., LTD. and Subsidiaries
Three years ended March 31, 2005

This table shows key financial highlights calculated using accounting principles generally accepted in the United States(U.S. GAAP).

U.S. GAAP
2005

In millions of yen

In thousandsof U.S. dollars

Years ended March 31

Year ended
March 31

2003

2005

Net sales and operating revenue ............ ¥0,552,354 ¥0,517,435 ¥0,497,691
Operating income ...................................
75,55854,06561,922
Net income .............................................
52,133
23,47930,275
Total assets.............................................
1,164,204
1,165,105
1,158,082
Total shareholders’ equity.......................
457,837
415,852
372,518$05,162,187
706,150
487,224
10,880,411
4,278,851

In yenIn U.S. dollars¥0,132.87
40.00
1,655.04$02.170.42
19.02

Per share of common stock:
Net income (basic).............................
Cash dividends paid...........................
Shareholders’ equity..........................

¥0,231.66
45.00
2,034.63

2004¥0,104.32
40.00
1,847.80

Notes: 1. Yen amounts have been translated into U.S. dollars, solely for the convenience of the reader, at the rate of ¥107=US$1,
the rate prevailing on the Tokyo Foreign Exchange Market on March 31, 2005.
2. Net income per share of common stock is based on the average number of shares outstanding during each period.
3. Shareholders’ equity per share of common stock is based on the number of shares outstanding at the end of eachperiod, minus treasury stock.
4. Subsequent to March 31, 2005, cash dividends of ¥50.00 per share were approved at the general shareholders’ meeting
held on June 29, 2005 (see Note 17 of the accompanying notes to the consolidated financial statements).
5. The consolidated statements of income were reclassified in the year ended March 31, 2005.
6. In the year ended March 31, 2005, firm gains in revenue in all segments, particularly security services, supported arise in net sales and operating revenue of ¥34.9 billion, to ¥552.4 billion. Operating income increased ¥21.5 billion, to¥75.6 billion, reflecting higher net sales and operating revenue, as well as the absence of ¥8.8 billion in losses recorded
a year earlier owing to a revision of pension plans. Net income totaled ¥52.1 billion, up ¥28.7 billion, as a result of suchfactors as improved operating income and ¥9.9 billion in income from discontinued operations, net of tax, comparedwith a ¥4.2 billion loss a year earlier.

Pursuant to applicable Japanese law, SECOM is required to publish results in line with accounting principles generallyaccepted in Japan (Japanese GAAP). Key financial highlights calculated using Japanese GAAP are shown below
for reference.

Japanese GAAP
2005

Revenue.................................................. ¥ 547,230 ¥ 527,409 ¥ 523,271
Operating profit.......................................
83,04381,286
72,902
Ordinary profit .........................................
83,47876,24370,063
Net income .............................................
48,517
41,11135,583
Total assets.............................................
1,097,548
1,092,067
1,090,131
Total shareholders’ equity.......................
441,927
403,257
369,753$ 5,114,299
776,103780,168
453,430
10,257,458
4,130,159

In yenIn U.S. dollars¥ 154.96
40.00
1,641.53$ 2.000.42
18.34

Per share of common stock:
Net income (basic).............................
Cash dividends paid...........................
Shareholders’ equity..........................

¥ 214.41
45.00
1,962.74¥ 181.40
40.00
1,790.58

The Company reported record-high revenue, operating profit and ordinary profit based on Japanese GAAP in the yearended March 31, 2005. Cash dividends of ¥50.00 per share were declared in the year ended March 31, 2006, anincrease of ¥5.00 from the year ended March 31, 2005.
Note: Japanese GAAP was amended in the year ended March 31, 2001, with the adoption of accounting standards forpension benefits.
In the year ended March 31, 2002, the Company revised its pension plans and changed the accounting method
for unrecognized actuarial gains and losses. Unrecognized actuarial gains and losses, which had been amortizedusing the straight-line method over the average remaining service period prior to the year ended March 31, 2002,
were charged to income on an “as-incurred” basis. The Company also recorded unrecognized transition assets/
obligations as a one-time charge to income. In addition, prior service costs were charged to income on an
as-incurred basis. This resulted in a decrease in income before income taxes of ¥35.0 billion.
One-time recognition on an as-incurred basis for pension benefits is not permitted under U.S. GAAP.
Accordingly, unrecognized actuarial gains and losses, unrecognized transition assets/obligations and prior service
costs were amortized in the accompanying consolidated financial statements prepared under U.S. GAAP.

(In billions of yen)

60

60

5050

40403030

2020

10100030405

Year ended
March 312005

Net Income (Japanese GAAP)

02

Years ended March 31

2003(In billions of yen)01

In thousandsof U.S. dollars

2004

Net Income (U.S. GAAP)

0

In millions of yen

01

02

03

04

05