Summary of Interim Consolidated Financial Statements for the Fiscal Year Ending March 2007
November 8, 2006
Name of Listed Company: Fidec Corporation Listing: First Section of Tokyo Stock Exchange Code: 8423 Prefecture of Head Office: Tokyo (URL http://www.fidec.co.jp) Representative Name: President and CEO Tsuyoshi Fukada Contact: General Manager Corporate Strategy Planning Department Ryoko Oikawa TEL +81-3-3580-3555 Date of Board Meeting for Book Closing: November 8, 2006 Are U.S. accounting standards adopted: No
1. Consolidated results for the interim ended September 2007 (From April 1, 2006 to September 30, 2006) (1)Consolidated results of operation (Amounts are rounded to the nearest million)

Net revenue
Operating profit
Recurring profit

Interim ended September 2006
Interim ended September 2005
Million yen ％
1,440 39.5
1,032 35.9
Million yen ％
554 50.6
368 88.8
Million yen ％
524 52.7
343 75.0
Year ended March 2006
2,212
766
715
Net profit
Net profit
per share
Diluted net profit per share

Interim ended September 2006
Interim ended September 2005
Million yen ％
306 48.7
205 83.6
Yen Sen
1,808 87
4,614 23
Yen Sen
1,721 26
3,748 81
Year ended March 2006
403
8,340 09
7,211 29
(NOTE)
1) Gain or loss from equity method investment: 0 yen for the interim ended September 2006, a loss of 0 yen for the
interim ended September 2005, and a loss of 0 yen for the fiscal year ended March 2006
2) Average number of shares during term: 169,205 shares for the interim ended September 2006, 44,600 shares for the
interim ended September 2005 and 48,364 shares for the fiscal year ended March 2006
3) Change in accounting method: No
4) Percentages shown for net revenue, operating profit, recurring profit, and net profit indicate the rate of
increase/decrease compared to the term in the previous year.
(2) Consolidated financial conditions (Amounts are rounded to the nearest million)

Total assets
Shareholders equity
Equity ratio
Shareholders equity
per share

Interim ended September 2006
Interim ended September 2005
Million yen
34,470
19,657
Million yen
8,102
5,456
％

23.3
27.8
Yen Sen
44,946 68
114,520 66
Year ended March 2006
23,289
5,687
24.4
106,218 58
(NOTE) Number of outstanding shares at end of term (on a consolidated basis): 178,932 shares for the interim ended
September 2006, 47,650 shares for the interim ended September 2005, and 53,544 shares for the fiscal year ended 2006

(3) Consolidated cash flow (Amounts are rounded to the nearest million)

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

Interim ended September 2006
Interim ended September 2005
Million yen
△
8,531
△
5,619
Million yen
△
317
△
215
Million yen
10,099
5,777
Million yen
3,802
5,503
Year ended March 2006
△
11,284 △ 462
8,738
2,551
(4) Matters concerning the scope of consolidation and the application of the equity method Number of consolidated subsidiaries: 2, number of non-consolidated equity method companies: 0, number of affiliated
equity method companies: 0

(5) Change in the scope of consolidation and the application of the equity method
Number of newly consolidated companies: 1, number of companies excluded from consolidation: 0, number of
companies newly subject to the equity method: 0, number of companies excluded from application of the equity

method: 0
2. Forecast consolidated results for the fiscal year ending March 2007 (April 1, 2006 to March 31, 2007)

Net revenue
Recurring profit
Net profit

Full year
Million yen
2,952
Million yen
1,022
Million yen
593
(Reference) Forecast net profit per share (full year) ¥3,314.82 Forecasts regarding future performance in these materials are based judgments made in accordance with information available at the time this report was prepared. Forecasts therefore embody risks and uncertainties. Actual results may differ significantly from these forecasts for a number of factors. Such factors include, but are not limited to economic trends affecting the company’s operating environment and changes in its competitive environment. For further information about the forecast business results mentioned above, please see Page 6.