

In Millions of Yen
| Year ended March 31 |
2007 |
2008 |
2009 |
2010 |
2011 |
| Net Sales: |
|
| Construction |
441,286 |
439,955 |
469,603 |
465,580 |
430,226 |
| Real estate |
93,872 |
171,343 |
464,779 |
483,547 |
545,296 |
| Others |
29,156 |
29,746 |
20,497 |
23,488 |
25,646 |
| Total Net Sales |
564,316 |
641,045 |
954,881 |
972,616 |
1,001,169 |
| Cost of Sales: |
|
| Cost of construction |
305,829 |
298,065 |
319,298 |
299,118 |
263,197 |
| Cost of real estate |
68,803 |
143,288 |
439,428 |
469,070 |
526,052 |
| Other operating expenses |
8,622 |
12,569 |
14,257 |
15,639 |
16,607 |
| Total Cost of Sales |
383,254 |
453,924 |
772,984 |
783,828 |
805,857 |
| GROSS PROFITS |
181,061 |
187,121 |
181,896 |
188,787 |
195,312 |
| Selling, General and Administrative Expenses: |
108,413 |
120,825 |
111,506 |
117,660 |
121,544 |
| OPERATING INCOME |
72,648 |
66,295 |
70,389 |
71,127 |
73,767 |
| Nonoperating Income Net: |
1,007 |
3,313 |
3,586 |
5,536 |
4,237 |
| ORDINARY INCOME |
73,656 |
69,609 |
73,976 |
76,663 |
78,005 |
| Extraordinary Income Net: |
(432) |
7,112 |
(1,074) |
223 |
4,971 |
| INCOME BEFORE INCOME TAXES |
73,224 |
76,721 |
72,902 |
76,886 |
73,034 |
| Income taxes-current |
29,866 |
35,266 |
32,696 |
34,204 |
35,921 |
| Income taxes-deferred |
1,405 |
(3,146) |
(1,983) |
(2,782) |
(6,144) |
| INCOME BEFORE MINORITY INTERESTS |
- |
- |
- |
- |
43,256 |
| Minority interests in income |
127 |
122 |
59 |
110 |
105 |
| NET INCOME |
41,823 |
44,478 |
42,129 |
45,353 |
43,151 |
In Yen
| Year ended March 31 |
2007 |
2008 |
2009 |
2010 |
2011 |
| Per Share of Common Stock |
|
| Net income |
345.59 |
367.29 |
349.25 |
386.41 |
384.28 |
| Cash dividends applicable to the year |
94.00 |
232.00 |
104.00 |
193.00 |
229.00 |
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