Non-Consolidated Financial Results : SEIREN Co., Ltd

Non-Consolidated Financial Results

for the Fiscal Year Ended March 31,2008

(Millions of yen,millions of U.S.dollars,except per share data)

	Year ended March 31,2008	Year ended March 31,200‚V	Change	Year ended March 31,2008
	Yen		%	U.S.Dollars
Net sales	66,443	69,032	-3.8	664.43
Operating income	1,759	2,560	-31.3	17.59
Ordinary income	2,179	3,157	-31	21.79
Net income	1,357	1,625	-16.5	13.57
Total assets	87,985	83,081	5.9	879.85
Total shareholders' equity	36,544	37,056	-1.4	365.44
Shareholders' equity/total assets	41.50%	44.60%	-3.1	41.50%
Shareholders' equity per share	618.21	625.35	-1.1	6.18
Earnings per share	22.42	26.34	-14.9	0.22
Fully-diluted earnings per share	22.41	26.23	-14.6	0.22

Notes:

The weighted average number of shares outstanding:For the fiscal year ended March 31, 2008 60,520,878 shares For the fiscal year ended March 31, 2007 61,716,461shares.
The number of shares outstanding as of March 31, 2008 and 2007 were 59,904,008 shares and 61,041,391 shares, respectively.
The number of treasury stocks as of March 31, 2008 and 2007 were 4,707,638 shares and 3,507,255 shares, respectively.
U.S.dollar amounts represent translations using the approximate exchange rate on March 31, 2008, of 100.00 yen=US$1, and are included solely for the convenience of readers.
Yen amounts are rounded down to the nearest million.

Forecast of Non-Consolidated Results

for the Six Months Ending September 30,2008 and the Year

Ending March 31,2009

(Millions of yen,millions of U.S.dollars,except per share data)

Notes:

Net income per share is computed based on the estimated weighted average number of shares outstanding during the fiscal year.

【 CLOSE 】