Finalcial Highlights - Emachu Mokuzai

Brief of Balance Sheet

As of March 31,2011	Millions of yen
Assets
Current assets:	4,715
Cash and deposit	1,539
Accounts receivable	2,287
Inventories	772
Short-term loan	89
Others	28
Fixed assets:	1,316
Tangible assets:	702
Buildings and Structures	252
Machinery, Equipments,	64
Land	386
Intangible fixed assets:	25
Investments and other assets:	589
Investment securities	352
Investments in affiliates	68
Insurance reserve	109
Others	60
Total assets	6,031
Liabilities
Current liabilities:	2,882
Accounts payable	598
Short-term borrowings	1,888
Long term borrowings
due within one year	100
Accured expenses and
other accounts payable	197
Income and Consumption
taxes payable	63
Others	36
Fixed liabilities:	928
Long term borrowing	800
Garanty money received	78
Others	50
Total liabilities	3,810
Net assets
Stockholders' equity:	2,202
Common stock	100
Retained earnings	2,102
Accumulated gains from
revaluation and translation
adjustments:	19
Total net assets	2,221
Total liabilities and Net assets	6,031

for the years ended March 31,2011	Millions of yen
Operating revenue:	7,711
Sales of goods	7,585
Income from real estate business	126
Operating expenses:	7,018
Cost of goods sold	6,938
Cost of real estate business	80
Gross profit	693
Selling, General & Administrative expenses	451
Operating income	242
Non operating income	44
Non operating expenses	24
Ordinary income	262
Extraordinary loss	26
Income before income taxes	236
Current Income taxes	69
Deferred income taxes	△ 17
Net income	184