Verite Co., Ltd. (TYO:9904)

Verite Balance Sheet

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

Fiscal Year	TTM	FY 2010	FY 2009	FY 2008	FY 2007	FY 2007
Period Ending	Dec 31, 2010	Mar 31, 2010	Mar 31, 2009	Mar 31, 2008	Oct 31, 2007	Jan 31, 2007
Cash & Equivalents	696	591	1,335	2,082	2,376	2,280
Short-Term Investments	1,000	1,382	245	804	551	656
Cash & Short-Term Investments	1,696	1,973	1,580	2,886	2,927	2,936
Cash Growth	17.21%	24.87%	-45.25%	-1.40%	-0.31%	208.08%
Accounts Receivable	613	623	1,047	1,334	1,480	1,773
Other Receivables	-	193	-	-	-	-
Receivables	613	816	1,047	1,334	1,480	1,773
Inventory	4,594	4,235	4,204	4,101	3,891	4,571
Prepaid Expenses	-	21	-	-	-	-
Other Current Assets	703	12	815	682	754	921
Total Current Assets	7,606	7,057	7,646	9,003	9,052	10,201
Property, Plant & Equipment	348	283	364	411	424	426
Long-Term Investments	-	189	261	789	1,172	991
Other Intangible Assets	24	43	79	100	109	100
Other Long-Term Assets	2,082	2,024	2,436	3,004	3,066	3,641
Total Assets	10,060	9,596	10,786	13,307	13,823	15,359
Accounts Payable	1,673	1,759	2,838	2,835	2,483	2,823
Accrued Expenses	-	232	-	185	259	188
Short-Term Debt	979	576	-	-	500	500
Current Income Taxes Payable	49	66	-	-	-	-
Other Current Liabilities	450	73	292	605	922	666
Total Current Liabilities	3,151	2,706	3,130	3,625	4,164	4,177
Other Long-Term Liabilities	52	75	152	271	295	197
Total Liabilities	3,307	2,851	3,282	3,896	4,481	4,467
Common Stock	3,772	3,772	3,772	3,772	3,772	3,772
Additional Paid-In Capital	4,052	4,051	4,423	4,423	4,423	4,423
Retained Earnings	-728	-740	-342	1,592	1,377	2,922
Treasury Stock	-326	-326	-325	-325	-325	-277
Comprehensive Income & Other	-17	-12	-24	-57	84	42
Total Common Equity	6,753	6,745	7,504	9,405	9,331	10,882
Minority Interest	-	-	-	6	11	10
Shareholders' Equity	6,753	6,745	7,504	9,411	9,342	10,892
Total Liabilities & Equity	10,060	9,596	10,786	13,307	13,823	15,359
Total Debt	979	576	-	-	500	500
Net Cash (Debt)	717	1,397	1,580	2,886	2,427	2,436
Net Cash Growth	-17.77%	-11.58%	-45.25%	18.91%	-0.37%	437.75%
Net Cash Per Share	31.10	60.58	69.11	125.11	142.94	143.44
Filing Date Shares Outstanding	23.06	23.06	23.07	18.07	18.07	17.01
Total Common Shares Outstanding	23.06	23.06	23.07	18.07	18.07	17.01
Working Capital	4,455	4,351	4,516	5,378	4,888	6,024
Book Value Per Share	292.89	292.52	325.33	520.57	516.41	639.79
Tangible Book Value	6,729	6,702	7,425	9,305	9,222	10,782
Tangible Book Value Per Share	291.84	290.65	321.90	515.03	510.38	633.91
Land	-	98	-	-	-	245
Buildings	-	273	-	-	-	-
Machinery	-	308	-	-	-	-

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