EPS

The ratio of sales recurring profit

| 2010/3 | 2011/3 | 2012/3 (E) [1] | |
|---|---|---|---|
| EPS (yen) [2] |
21,809.55 | 18,207.41 | 19,749.84 |
| The ratio of sales recurring profit [3] |
20.5% | 18.4% | 18.1% |
| ROCE [4] |
22.1% | 18.2% | — |
| ROE [5] |
14.8% | 11.3% | — |
| BPS [6] |
155,960.36 | 166,767.26 | — |
| Capital adequacy ratio [7] |
77.8% | 78.7% | — |
| Total number of shares issued and outstanding (Shears) | 273,420 | 273,420 | 273,420 |
| Dividend per share (yen) |
7,500 | 7,600 | 7,700 |
| Dividend payout ratio [8] |
34.4% | 41.7% | — |
| Price earnings ratio (times) [9] |
7.99 | — | — |
- [1] Forecasts as of 22 April 2011.
- [2] EPS (Earnings Per Share) = Net income / Average number of shares issued and outstanding over fiscal year
- [3] The ratio of sales recurring profit = Recurring profits / Operating revenuesx100
- [4] ROCE (Return on capital employed) = Operating income / (Shareholders' equity + Interest bearing liabilities) x 100
<Shareholders' equity and Interest bearing liabilities are the average of two fiscal year ends> - [5] ROE (Return on equity) = Net income / Shareholders' equity x 100
<Shareholders' equity is the average of two fiscal year ends> - [6] BPS (Shareholder's equity per share) = Shareholders' equity / number of shares outstanding
- [7] Capital adequacy ratio = Shareholders' equity / Total Assets x 100
- [8] Dividend payout ratio = Annual dividend amount / net income x 100
- [9] Price earnings ratio (times) = Closing stock price at fiscal year end / Net income
EPS

The ratio of sales recurring profit

ROCE

ROE

BPS

Capital adequacy ratio

Dividend per share/Dividend payout ratio

| 2007/3 | 2008/3 | 2009/3 | 2010/3 | |
|---|---|---|---|---|
| EPS (yen) [1] |
25,338.15 | 23,651.66 | 21,935.54 | 21,552.22 |
| The ratio of sales recurring profit [2] |
23.5% | 21.4% | 22.8% | 20.4% |
| ROCE [3] |
40.9% | 32.3% | 29.0% | 23.2% |
| ROE [4] |
26.2% | 20.6% | 16.8% | 14.8% |
| BPS (yen) [5] |
106,802.09 | 123,282.03 | 138,178.23 | 152,291.32 |
| Capital adequacy ratio [6] |
79.5% | 80.6% | 80.7% | 83.4% |
| Total number of shares issued and outstanding (Shears) | 273,420 | 273,420 | 273,420 | 273,420 |
| Dividend per share (yen) |
6,000 | 7,000 | 7,250 | 7,500 |
| Dividend payout ratio [7] |
23.7% | 29.6% | 33.1% | 34.8% |
| Price earnings ratio (times) [8] |
14.72 | 8.08 | 7.68 | 8.08 |
| Number of employees | 92 | 105 | 110 | 125 |
- [1] EPS (Earnings Per Share) = Net income / Average number of shares issued and outstanding over fiscal year
- [2] The ratio of sales recurring profit = Recurring profits / Operating revenues x 100
- [3] ROCE (Return on capital employed) = Operating income / (Shareholders' equity + Interest bearing liabilities) x 100
<Shareholders' equity and Interest bearing liabilities are the average of two fiscal year ends> - [4] ROE (Return on equity) = Net income / Shareholders' equity x 100
<Shareholders' equity is the average of two fiscal year ends> - [5] BPS (Shareholder's equity per share) = Shareholders' equity / number of shares outstanding
- [6] Capital adequacy ratio = Shareholders' equity / Total Assets x 100
- [7] Dividend payout ratio = Annual dividend amount / net income x 100
- [8] Price earnings ratio (times) = Closing stock price at fiscal year end / Net income


