Operational ResultsYears ended March 31

(million yen)	2007	2008	2009	2010	2011	2012 (forecast)
Total Revenue	14,692	18,032	18,458	17,263	16,450	16,100
Gross Profit	2,802	3,391	3,439	3,319	3,241	-
Selling, General and Administrative (SG&A) Expenses	1,777	2,190	2,382	2,468	2,402	-
Operating Profit	1,024	1,200	1,057	850	839	630
Recurring Profit	1,024	1,191	1,109	864	892	650
Net Profit	550	594	563	155	447	470
Net Profit per Share (yen)	72.00	79.58	75.87	20.88	60.21	63.28
Dividend per Share (yen)	18.00	19.00	19.00	19.00	19.00	21.00
Payout Ratio (%)	25.0	23.9	25.0	91.0	31.6	33.2

Financial PositionAs of March 31

(million yen)	2007	2008	2009	2010	2011
Total Assets	9,895	9,620	10,055	9,483	9,279
Net Assets	5,159	5,418	5,895	5,893	6,187
Interest-Bearing Debt	1,318	880	906	698	823
Shareholders’ Equity per Share* (yen)	664.41	712.14	768.16	770.53	807.69

*Shareholders’ Equity=Net Assets-Minority Interests

Selected Management IndexYears ended March 31

	2007	2008	2009	2010	2011
Gross Profit Margin (%)	19.1	18.8	18.6	19.2	19.7
SG&A Expenses to Revenue (%)	12.1	12.1	12.9	14.3	14.6
Operating Profit Margin (%)	7.0	6.7	5.7	4.9	5.1
Equity Ratio * (%)	50.9	55.0	56.7	60.4	64.7
Return on Equity * (ROE)(%)	11.2	11.5	10.3	2.7	7.6
Number of Employees	2,053	2,114	2,239	2,313	2,295

*Equity=Net Assets-Minority Interests