Daisho Balance Sheet

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2012	FY 2011	FY 2010	FY 2009	FY 2008
Period Ending	Mar '12 Mar 31, 2012	Mar '11 Mar 31, 2011	Mar '10 Mar 31, 2010	Mar '09 Mar 31, 2009	Mar '08 Mar 31, 2008
Cash & Equivalents	2,329	1,830	2,008	1,423	1,417
Cash & Short-Term Investments	2,329	1,830	2,008	1,423	1,417
Cash Growth	27.27%	-8.84%	41.10%	0.39%	0.39%
Accounts Receivable	2,261	1,847	1,836	1,694	1,533
Receivables	2,261	1,847	1,836	1,694	1,610
Inventory	729	739	698.03	648.86	743.87
Prepaid Expenses	-	-	-	36.03	36.75
Other Current Assets	112	150	121.71	38.21	41.07
Total Current Assets	5,677	4,857	4,968	4,092	4,113
Property, Plant & Equipment	6,225	5,470	5,143	4,895	4,436
Long-Term Investments	456	449	83.15	150.65	164.6
Other Intangible Assets	27	35	34.37	23.13	44.35
Long-Term Deferred Tax Assets	382	401	396.6	363.52	299.22
Long-Term Deferred Charges	-	4	10.95	-	-
Other Long-Term Assets	2	2	371.82	353.77	350.45
Total Assets	12,769	11,218	11,008	9,878	9,408
Accounts Payable	1,410	1,296	2,038	1,873	1,831
Accrued Expenses	368	395	422	589.39	570.88
Short-Term Debt	-	-	-	150	300
Current Portion of Long-Term Debt	460	184	208.8	387.6	220
Current Portion of Leases	153	221	245.79	306.86	-
Current Income Taxes Payable	1,185	1,157	501.84	183.16	215.01
Other Current Liabilities	202	305	163.96	15.82	16.08
Total Current Liabilities	3,778	3,558	3,580	3,505	3,153
Long-Term Debt	1,365	400	584.9	73.7	461.3
Long-Term Leases	256	418	452.48	442.64	-
Pension & Post-Retirement Benefits	842	755	771.41	697.37	626.22
Other Long-Term Liabilities	41	40	40.94	43.43	44.5
Total Liabilities	6,282	5,171	5,430	4,763	4,285
Common Stock	870	870	870.83	870.83	870.83
Additional Paid-In Capital	379	379	379.67	379.67	379.67
Retained Earnings	5,343	4,909	4,434	3,973	3,890
Treasury Stock	-114	-114	-113.55	-111.45	-20.46
Comprehensive Income & Other	9	3	3.27	4.18	2.69
Total Common Equity	6,487	6,047	5,574	5,116	5,122
Minority Interest	-	-	3.93	-	-
Shareholders' Equity	6,487	6,047	5,578	5,116	5,122
Total Liabilities & Equity	12,769	11,218	11,008	9,878	9,408
Total Debt	2,234	1,223	1,492	1,361	981.3
Net Cash (Debt)	95	607	515.55	61.94	435.93
Net Cash Growth	-84.35%	17.74%	732.29%	-85.79%	-
Net Cash Per Share	9.84	62.88	53.39	6.37	44.33
Filing Date Shares Outstanding	9.65	9.65	9.65	9.66	9.84
Total Common Shares Outstanding	9.65	9.65	9.65	9.66	9.84
Working Capital	1,899	1,299	1,388	586.79	960
Book Value Per Share	672.02	626.43	577.39	529.66	520.79
Tangible Book Value	6,460	6,012	5,540	5,093	5,078
Tangible Book Value Per Share	669.22	622.81	573.83	527.27	516.28
Land	-	-	2,243	2,243	2,318
Buildings	-	-	4,027	3,862	3,925
Machinery	-	-	1,259	935.47	886.05
Construction In Progress	-	-	62.44	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.