
<The Earnings Report for the Third Quarter of the Fiscal Year Ending March 2010>
At the end of the third quarter of the fiscal year ending March 2010, domestic economy still suffered from stagnation and reduced investments in plant and equipment, keeping business bankruptcy filings at a high level. We strengthened our inspection system and beefed up sales operations for good customers. As a result, consolidated year-to-date transaction volume was down 10.3% from the same period of the previous year to 178.4 billion yen, but transaction volume itself in this quarter was up 2.1% from the same quarter last year. Revenues decreased 1.8% to 171.5 billion yen, while Operating Income was up 6.8% to 8.5 billion yen. Although expenses for bad debts increased by 1.9 billion yen from the same period of the previous year, the expense cuts from productivity gains by examining operational process, as well as our firm financial base, contributed to the reduction of fund raising cost. Income before Special Items was up 5.4% to 8.3 billion yen, and Net Income increased 1.9% to 4.9 billion yen.
As for the business indices, Total Sharefolders Equity increased by 3.8 billion yen to 94.3 billion yen and Total Shareholders' Equity Ratio was up to 15.0%. ROE was 7.1%, up 0.1 percentage points from the previous year. ROA was 1.02%, up 0.10 percentage points from the previous year.

(Unit: million yen)
| Item |
Consolidated |
| 2006/3 |
2007/3 |
2008/3 |
2009/3 |
2010/3
3
Q |
| Revenue |
234,927 |
245,611 |
248,560 |
232,681 |
171,548 |
| Operating Income |
13,906 |
14,210 |
13,191 |
10,192 |
8,522 |
| Income before Special Items |
13,863 |
14,188 |
13,165 |
10,179 |
8,397 |
| Net Income |
8,228 |
8,302 |
7,704 |
6,119 |
4,931 |
| Total Assets |
639,577 |
661,258 |
678,884 |
661,091 |
629,432 |
| Total Shareholders' Equity |
71,706 |
79,043 |
85,696 |
90,446 |
94,304 |
| Total Shareholders' Equity Ratio |
11.2% |
11.9% |
12.6% |
13.7% |
15.0% |
| ROE (Return on Equity Ratio) |
12.1% |
11.0% |
9.4% |
7.0% |
7.1% |
| ROA (Return on Asset ) |
1.30% |
1.28% |
1.15% |
0.91% |
1.02% |
| EPS (Earnings Per Share) |
263.07 |
265.96 |
246.81 |
196.02 |
157.99 |
Dividend per share (yen) |
28.0 |
31.0 |
35.0 |
36.0 |
36.0
(Forecast) |
| Number of employees |
795 |
869 |
912 |
875 |
873 |
Financial Indicators
Revenue
Unit (million yen)
(*)Forecast from the Quarterly Earnings Report for the Year Ending March 2010
Revenue forecast was revised in October 2009
Income before Special Items/Net Income
Unit (million yen)
(*)Forecast from the Quarterly Earnings Report for the Year Ending March 2010
Forecasts for income before special items and net income were revised in October 2009
ROE (Return on Equity Ratio)/ROA (Return on Asset )/Total Shareholders' Equity Ratio
Unit (%)
EPS(Earnings Per Share)
Unit (yen / share)
(*)Forecast from the Quarterly Earnings Report for the Year Ending March 2010
EPS(Earning Per Share) forecast was revised in October 2009
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