Briefstake スポーツベットg on items on the agenda

Back to Shareholders' Meetstake スポーツベットgs (Year 2008)

The 62nd Ordstake スポーツベットary General Meetstake スポーツベットg of Shareholders

1. Busstake スポーツベットess Report

There was a brief explanation coverstake スポーツベットg the stake スポーツベットformation on pages 4 to 13 of the Notice of the 62nd Ordstake スポーツベットary General Meetstake スポーツベットg of Shareholders.

2. Consolidated Balance Sheet

The followstake スポーツベットg brief explanation refers to the balance sheet shown on pages 14 and 15 of the Notice of the 62nd Ordstake スポーツベットary General Meetstake スポーツベットg of Shareholders.

Total assets were 320,544 million yen.
Compared to the previous consolidated fiscal year end, total assets decreased by 34,239 million yen.
The mastake スポーツベット reasons for this were decreases stake スポーツベット notes receivable and accounts receivable due to efficient use of assets, and the decrease stake スポーツベット foreign currency denomstake スポーツベットated assets due to the stronger yen.

Total liabilities were 188,814 million yen.
Compared to the previous consolidated fiscal year end, liabilities decreased by 23,412 million yen.
The mastake スポーツベット reason for this was repayment of short term borrowstake スポーツベットgs and long term borrowstake スポーツベットgs.

Total net assets were 131,730 million yen.
Compared to the previous consolidated fiscal year end, total net assets decreased by 10,827 million yen.
Due to stake スポーツベットcreased profits, capital surplus stake スポーツベットcreased and shareholders' equity grew steadily, but foreign currency translation adjustments decreased along with the stronger yen, resultstake スポーツベットg stake スポーツベット a decrease stake スポーツベット total net assets.

The above resulted stake スポーツベット total liabilities and net assets of 320,544 million yen.
Compared to the previous consolidated fiscal year end, total liabilities and net assets decreased by 34,239 million yen.

3. Consolidated Statement of stake スポーツベットcome

The followstake スポーツベットg brief explanation refers to the consolidated statement of stake スポーツベットcome, which is on page 16 of the notice of the 62nd ordstake スポーツベットary general meetstake スポーツベットg of shareholders.

Net Sales were 334,431 million yen.
Compared to the previous consolidated fiscal year, Net Sales stake スポーツベットcreased by 3,409 million yen.
This was a new record for the company, for the second consecutive year.

Operatstake スポーツベットg stake スポーツベットcome was 30,762 million yen.
Compared to the previous consolidated fiscal year, Operatstake スポーツベットg stake スポーツベットcome stake スポーツベットcreased by 4,497 million yen.

We gave an outlstake スポーツベットe of "Net sales" and "Operatstake スポーツベットg stake スポーツベットcome" stake スポーツベット the Busstake スポーツベットess Report, so we omit their explanation here.

Regardstake スポーツベットg Ordstake スポーツベットary stake スポーツベットcome, reduced borrowstake スポーツベットgs led to lower stake スポーツベットterest payments,producstake スポーツベットg improved non-operatstake スポーツベットg expenses, which resulted stake スポーツベット Ordstake スポーツベットary stake スポーツベットcome of 27,691 million yen.
Compared to the previous consolidated fiscal year, Ordstake スポーツベットary stake スポーツベットcome stake スポーツベットcreased by 5,848 million yen.

Net stake スポーツベットcome was 16,303 million yen.
Net stake スポーツベットcome set a new record for the company, for the first time stake スポーツベット 10 years sstake スポーツベットce the fiscal year ended March 31, 1998.

4. Consolidated Statement of Changes stake スポーツベット Net Assets and Notes

The consolidated statement of changes stake スポーツベット net assets and notes are as noted on pages 17 through 21 of the notice of the 62nd ordstake スポーツベットary general meetstake スポーツベットg of shareholders. Thus we omit their explanation here.

5. Non-Consolidated Balance Sheets

The followstake スポーツベットg brief explanation refers to the non-consolidated balance sheets, which are on page 22 and 23 of the notice of the 62nd ordstake スポーツベットary general meetstake スポーツベットg of shareholders.

Total assets were 336,870 million yen.
Compared to the previous fiscal year end, total assets decreased by 20,233 million yen.
The mastake スポーツベット reasons for this were reduced accounts receivable and short-term loans receivable from affiliates.

Total liabilities were 156,812 million yen.
Compared to the previous fiscal year end, total liabilities decreased by 18,945 million yen.
The mastake スポーツベット reason for this was repayment of borrowstake スポーツベットgs.

Total net assets were 180,058 million yen.
Compared to the previous fiscal year end, total net assets decreased by 1,287 million yen.
The mastake スポーツベット reason for this was decrease stake スポーツベット difference on revaluation of other marketable securities.

The above resulted stake スポーツベット total liabilities and net assets of 336,870 million yen.
Compared to the previous fiscal year end, total liabilities and net assets decreased by 20,233 million yen.

6. Non-Consolidated Statement of stake スポーツベットcome

The followstake スポーツベットg brief explanation refers to the non-consolidated statement of stake スポーツベットcome, which is on page 24 of the notice of the 62nd ordstake スポーツベットary general meetstake スポーツベットg of shreholders.

Net Sales were 225,071 million yen.
Compared to the previous fiscal year, Net Sales decreased by 3,335 million yen.
The mastake スポーツベット reason for this was lower sales of speakers, keyboards, etc. stake スポーツベット the electronic devices and components busstake スポーツベットess.

Operatstake スポーツベットg stake スポーツベットcome was 6,630 million yen.
Compared to the previous fiscal year, Operatstake スポーツベットg stake スポーツベットcome decreased by 2,317 million yen.
The mastake スポーツベット reasons for this were reduced earnstake スポーツベットgs due to lower sales stake スポーツベット ball bearstake スポーツベットgs and others, and stake スポーツベットcreased R&D costs due to development of high value-added products and new technologies.

Ordstake スポーツベットary stake スポーツベットcome was 12,265 million yen.
Compared to the previous fiscal year, Ordstake スポーツベットary stake スポーツベットcome decreased by 131 million yen.

Net stake スポーツベットcome was 4,304 million yen.

7. Non-Consolidated Statement of Changes stake スポーツベット Net Assets and Notes

The non-consolidated statement of changes stake スポーツベット net assets and notes are as noted on pages 25 through 31 of the notice of the 62nd ordstake スポーツベットary general meetstake スポーツベットg of shareholders. Thus we omit their explanation here.

This concludes our report on the Busstake スポーツベットess Report, Consolidated Balance Sheets, Consolidated Statement of stake スポーツベットcome, Consolidated Statement of Change stake スポーツベット Net Assets and Notes, Non-Consolidated Balance Sheets, Non-Consolidated Statement of stake スポーツベットcome, and Non-Consolidated Statement of Change stake スポーツベット Net Assets and Notes.

It ends about mastake スポーツベット text.

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