Financial Accounting Standards Foundation
Summary of Financial Statements for the Fiscal Year Ended March 2008
May 7, 2008
Name of Listed Company: Fidec Corporation Listing: First Section of Tokyo Stock Exchange
Code: 8423 URL: http://www.fidec.co.jp
Representative Name: President and CEO Tsuyoshi Fukada
Contact: Director General Mangager Corporatate Starategy Planning Department Ryoko Oikawa TEL+81-03-3580-3555
General Meeting of Shareholders: June 25, 2008 Date Payment of Dividend Begines: June 26, 2008
(Amounts are rounded to the nearest million)

1. Consolidated results for the fiscal year ended March 2008 (April 1, 2007 to March 31, 2008)
(1) Consolidated results of operation (
%: increase/decrease compared to the term in the previous year)
Net revenue
Operating profit
Recurring profit
Net profit

Million yen ％

Million yen ％

Million yen ％

Million yen ％

Year ended March 2008
Year ended March 2007

3,666 23.4
2,971 34.3
1,716 42.5
1,204 57.1
1,717 47.2
1,166 63.1

836 22.8
680 68.8
Earnings per
share
Diluted earnings
per share
Return on
equity
Ratio of ordinary profit to
total liabilities & net worth
Ratio of recurring
profit to net revenue
Yen Sen

Yen Sen
％

％

％

Year ended March 2008
Year ended March 2007
4,589 45
3,912 24
4,506 71
3,723 33
9.3
9.7
4.1
3.8

46.8
40.6
(Reference)
Gain or loss from equity method investment: 0 yen for the fiscal year ended March 2008 and a loss of 0 yen for the fiscal year
ended March 2007

(2) Consolidated financial conditions

Total assets
Shareholders equity
Equity ratio
Shareholders equity
per share

Million yen
Million yen
％

Yen Sen
Year ended March 2008
Year ended March 2007
44,883

38,222
9,706
8,438
21.5
21.9
52,703 63
46,825 66
(Reference)
Equity capital: 9,651 million yen for the fiscal year ended March 2008 and 8,378 million yen for the fiscal year ended March 2007

(3) Consolidated cash flow

Cash from from
operating activities
Cash flow from
investment activities
Cash flow from
financial activities
Closing balance of
cash and cash equivalents

Million yen
Million yen
Million yen
Million yen
Year ended March 2008
Year ended March 2007
△
5,801
△
6,916
△
153
△
322
6,201
13,494
9,054
8,807
2. Dividend payment

Cash dividends per share
Interim
End of term
Year end
Aggregate
dividend
(Annual)
Dividend
payout ratio
（
Consolidated）
Dividend rate for
shareholders’ equity
（
Consolidated）
Yen Sen

Yen Sen

Yen Sen
Million yen
％

％

Year ended March 2007
Year ended March 2008

0 00
0 00

350 00
450 00
350 00
450 00
62
82
8.9
9.8
0.9
0.9
Year ending March 2009
（
Forecast）
−
450 00
450 00
7.5
3. Forecast consolidated results for the fiscal year ending March 2009 (April 1, 2008 to March 31, 2009)
(
%: increase/decrease compared to the term in the previous year)
Net revenue
Operating profit
Recurring profit
Net profit
Earnings per share

Million yen ％
Million yen ％
Million yen ％
Million yen ％
Yen Sen
Interim
Full year

1,810 12.2

4,131 12.7

744 15.7

1,891 10.2
744 15.9
1,893 10.2

431 25.1
1,097 31.3

2,357 61

5,995 16

Fidec Corporation (8423）
Summary of Financial Statements for the Fiscal Year Ended March 2007

2
4. Others
(1) Change in the scope of consolidation and the application of the equity method: No

(2) Change in accounting method
1. Change based on account pronouncements: Yes
2. Others: No
（
Change in accounting method）
Effective as of the consolidated accounting period beginning April 2007, the Company and its domestic subsidiaries have
changed their depreciation procedure based on an amendment in corporation tax law for the tangible assets acquired on and after
April 1, 2007. The impact on earnings is minor.

(3) Number of shares issued (Common stock)
1. Number of shares issued at end of term（including treasury stock）: 183,132 shares for the fiscal year ended March
2008and 178,932 shares for the fiscal year ended March 2007
2. Number of treasury stock at end of term: 0 shares for the fiscal year ended March 2008 and 0 shares for the fiscal year
ended March 2007


(Reference) Non-consolidated results

Non-consolidated resurlts for the fiscal year ended March 2008 (April 1, 2007 to March 31, 2008)
(1) Non-consolidated financial results (
%: increase/decrease compared to the term in the previous year)
Net revenue
Operating profit
Recurring profit
Net profit

Million yen ％
Milliom yen ％
Million yen ％
Million yen ％
Year ended March 2008
Year ended March 2007

3,580 25.4
2,854 29.6
1,649 49.1
1,106 43.7
1,647 54.3
1,067 49.6
793 27.1
624 55.0
Earnings per share
Diluted earnings per share

Yen Sen
Yen Sen
Year ended March 2008
Year ended March 2007

4,355 06
3,587 55
4,276 55
3,414 31
(2)Non-consolidated financial conditions

Total assets
Shareholders equity
Eauity ratio
Shareholders equity
per share

Million yen
Million yen
％

Yen Sen
Year ended March 2008
Year ended March 2007
44,600

37,844
9,601
8,376
21.4
22.0
52,129 39
46,476 67
(Reference) Equitiy Capital: 9,546 million yen for the fiscal year ended March 2008 and 8,316 million yen for the fiscal year ended
2007 *Explanation about the appropriate use of forecast and other important notice
(Attention of descriptions about the future)
Forecast regarding future performance in these materials are based judgements made in accordance with information available
at the time this report was prepared. Actual results may differ significantly from these forecasts for a number of factors.