Toho Lamac Income Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2010	FY 2009	FY 2008	FY 2007	FY 2006
Period Ending	Dec '10 Dec 20, 2010	Dec '09 Dec 20, 2009	Dec '08 Dec 20, 2008	Dec '07 Dec 20, 2007	Dec '06 Dec 20, 2006
Revenue	16,598	16,432	18,218	19,403	18,179
Revenue Growth (YoY)	1.02%	-9.81%	-6.11%	6.73%	9.36%
Cost of Revenue	12,454	12,713	14,535	15,685	14,515
Gross Profit	4,144	3,718	3,683	3,719	3,664
Selling, General & Admin	3,434	3,229	3,326	3,286	3,249
Other Operating Expenses	46.06	49.5	-	-	-
Operating Expenses	3,546	3,348	3,469	3,397	3,323
Operating Income	597.71	370.02	213.72	321.81	341.11
Interest Expense	-12.67	-18.36	-22.12	-19	-11.26
Interest & Investment Income	25.6	12.72	13.78	18.52	13.64
Currency Exchange Gain (Loss)	-29.95	8.69	-178.07	34.92	40.66
Other Non Operating Income (Expenses)	42.45	63.95	54.61	33.85	111.74
EBT Excluding Unusual Items	623.14	437.01	81.91	390.1	495.88
Gain (Loss) on Sale of Investments	0.62	-5.77	-3.34	-10.23	-15.59
Gain (Loss) on Sale of Assets	195.42	0.01	108.57	-0.12	1.75
Asset Writedown	-174.83	-45.14	-1.39	-0.25	-95.08
Other Unusual Items	-	-	-	-2.55	-
Pretax Income	644.35	386.12	185.75	376.96	386.97
Income Tax Expense	88.74	177.84	244.22	190.08	222.68
Net Income	555.61	208.28	-58.48	186.89	164.28
Net Income to Common	555.61	208.28	-58.48	186.89	164.28
Net Income Growth	166.76%	-	-	13.76%	-31.29%
Shares Outstanding (Basic)	5	5	5	5	5
Shares Outstanding (Diluted)	5	5	5	5	5
Shares Change (YoY)	-	-0.10%	-0.06%	-0.02%	-0.04%
EPS (Basic)	108.88	40.81	-11.45	36.57	32.14
EPS (Diluted)	108.88	40.81	-11.45	36.57	32.14
EPS Growth	166.76%	-	-	13.78%	-31.26%
Free Cash Flow	-481.5	158.72	974.77	86.27	130.38
Free Cash Flow Per Share	-94.36	31.10	190.83	16.88	25.50
Dividend Per Share	12.000	12.000	12.000	12.000	12.000
Gross Margin	24.97%	22.63%	20.21%	19.16%	20.16%
Operating Margin	3.60%	2.25%	1.17%	1.66%	1.88%
Profit Margin	3.35%	1.27%	-0.32%	0.96%	0.90%
Free Cash Flow Margin	-2.90%	0.97%	5.35%	0.45%	0.72%
EBITDA	657.87	446.76	299.58	414.7	435.97
EBITDA Margin	3.96%	2.72%	1.64%	2.14%	2.40%
D&A For EBITDA	60.16	76.74	85.85	92.89	94.86
EBIT	597.71	370.02	213.72	321.81	341.11
EBIT Margin	3.60%	2.25%	1.17%	1.66%	1.88%
Effective Tax Rate	13.77%	46.06%	131.48%	50.42%	57.55%
Advertising Expenses	202.06	215.57	-	-	-

Updated Mar 14, 2011. Source: S&P Global Market Intelligence. Standard template. Financial Sources.