Victor Company of Japan, Limited and its consolidated subsidiaries
Years ended March 31

Millions of yen 2002 2003 2004 2005 2006 Net sales 954,172 967,640 921,978 840,590 806,899 Overseas 626,209 638,092 619,962 567,565 547,784 Domestic 327,963 329,548 302,016 273,025 259,115 Net income (loss) (44,572) 6,336 15,609 (1,857) (30,607) Capital expenditures 21,175 21,036 25,900 28,959 29,490 Depreciation and amortization 28,000 25,250 22,735 23,422 26,848 Stockholders' equity (at year-end) 146,246 146,410 159,326 158,235 136,289 Total assets (at year-end) 513,365 479,750 507,117 466,548 446,812

Yen 2002 2003 2004 2005 2006 Net income (loss)(*1)(per share) (175.3) 24.9 61.1 (7.7) (120.5) Diluted net income(*1)(per share) - 23.5 57.9 - - Cash dividends (*2) - - 5.0 5.0 -

*1 Net loss per share of common stock for the year ended March 31, 2002 has not been recalculated using the new accounting standard, which is effective April 1, 2002.
*2 Cash dividends represent amounts applicable to respective years.