Expectations of an Invigorated Market in 2H With Q4 Seen With the Release of Major Titles

Stocks News Thursday February 2, 2012 15:06 —Finance

The hall demand for new machines is favourable

The manufacturers supply system is back on track since the supply chain affected by the earthquake recovered earlier than expected. The hall demand for new machines was invigorated due to release of major titles from various manufacturers. Considering the market changes, the Company is strategically shifting to launch major pachinko and pachislot titles in Q4.

Will acquire and own 49% of shares in Mizuho Corp.

Agreed with Universal Entertainment Corporation (UEC) to embark on a joint venture via Mizuho Corp., a 100% owned UEC subsidiary and to explore potential joint businesses in a wide variety of entertainment fields.

Major pachinko and pachislot titles to be launched

As for Q4, regarding main pachinko and pachislot business, both pachinko and pachislot "Evangelion" series will be released and another major pachislot title will be launched in March 2012.

Group business is expected to make steady progress

The film "BERSERK", produced by our subsidiary Lucent Pictures will be premiered in February 2012. The film "Ultraman Saga" from Tsuburaya Production will be premiered in March 2012.

Financial Results and
Forecast
   (Consolidated)         (Japan GAAP)

3.2012

  (Unit: Billion yen)    3.2011     E     YoY      Q3     YTD
---------------------  ------  ------  ------  ------  -----
  Net Sales               103.5   100.0   96.5%    43.0  43.0%
PS
(Pachinko/Pachislot
   )                       94.1      --      --    38.0     --
   Mobile                   2.0      --      --     1.5     --
   Sports Entertainment     2.1      --      --     1.4     --
   Other                    5.8      --      --     2.9     --
   (Adjustments)          (0.6)      --      --   (0.9)     --

  SG&A Expenses            21.9    24.0  109.1%    16.3  67.9%
---------------------  ------  ------  ------  ------  -----
  Operating Income         13.1    14.0  106.6%    0.02   0.1%
PS
(Pachinko/Pachislot
   )                       12.8      --      --     0.2     --
   Mobile                   0.2      --      --    0.04     --
   Sports Entertainment   (0.2)      --      --  (0.03)     --
   Other                    0.3      --      --   (0.1)     --

   (Adjustments)          0.008      --      --  (0.03)     --
---------------------  ------  ------  ------  ------  -----

  Ordinary Income          13.6    14.0  102.3%     0.1   0.7%
---------------------  ------  ------  ------  ------  -----

  Net Income                7.5     8.0  106.4%     1.1  13.8%
---------------------  ------  ------  ------  ------  -----
  Total Asset              78.9      --      --    61.8     --
  Net Asset                47.0      --      --    46.4     --

Net Income per share
   (Yen)                 22,643      --      --   3,410     --
---------------------  ------  ------  ------  ------  -----
CF from Operating
   Activities               8.0      --      --     3.6     --
CF from Investing
   Activities             (4.3)      --      --   (3.1)     --
CF from Financing
   Activities             (3.9)      --      --   (2.3)     --

Cash and Cash
   Equivalents             15.6      --      --    13.8     --
---------------------  ------  ------  ------  ------  -----




2007 2008 2009 2010 2011 ------------------------------ ----- ----- ----- ----- -----

  ROE                              9.2%  12.4%  -3.5%   8.2%  17.1%

  ROA                             12.0%  17.3%   1.6%  11.6%  17.1%
------------------------------  -----  -----  -----  -----  -----
Shareholder' Equity (Billion
   yen)                            41.1   44.4   39.4   41.0   46.7

Shareholder' Equity ratio       62.2%  64.3%  75.8%  50.5%  59.2%
------------------------------  -----  -----  -----  -----  -----
Annual Dividend per share
   (Yen)                          4,000  4,500  4,500  4,500  5,000

  Payout ratio                    37.4%  29.5%     --  45.9%  22.1%
------------------------------  -----  -----  -----  -----  -----
  Operating Income (Billion yen)    8.9   13.1    1.9    8.1   13.1

  Net Income (Billion yen)          3.7    5.2   -1.4    3.2    7.5
------------------------------  -----  -----  -----  -----  -----
  Pachinko Machine Sold             345    273    202    330    262

Pachislot Machine Sold
   (Thousand machine)               165    210    128    119    217
------------------------------  -----  -----  -----  -----  -----


About Fields

Fields Corporation and the Fields Group have a mission to provide "The Greatest Leisure for All People" in the form of products and services to meet the needs of a society with increasing leisure time. We are also identifying business opportunities through research, analysis and forecasting of lifestyle and environmental changes, and developing our business in a wide range of entertainment fields including the pachinko/pachislot field as well as video, mobile content, animation, publishing and sports.



CONTACT: Fields Corporation Corporate Communications Office
Our website: http://www.fields.biz/ir/e/
Tel.: +81-3-5784-2109 Mail: ir@fields.biz
Person in charge: Kotaro Karino

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