Summary of the financial statements of Radia Holdings, INC. for FYE June 2008
• The group's core human resources services business recorded significant increases in earnings as a result of the inclusion in consolidated results of 12 months of the recently acquired Premier Group. Consolidated revenues were 584,322 million yen.
• Nonetheless, deteriorating performance from subsidiary Goodwill, Inc. had an impact on earnings and resulted in a consolidated recurring loss of 12,702 million yen.
• In addition, assignment of the nursing care business generated extraordinary earnings, but losses in conjunction with the termination of operations at Goodwill, Inc. resulted in a consolidated net loss of 27,416 million yen.
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During FY June 2008, the group posted large, transient losses due to a number of extraordinary factors. However, all of these extraordinary factors will be resolved and/or eliminated during
FYE June 2009, so we do not believe that the base of earnings itself has been injured. We have therefore created the Pro Forma statement of results (i.e., theoretical figures of actual performance once extraordinary/unforeseeable factors are eliminated) found in the attachment. This statement eliminates extraordinary factors from the results for FYE June 2008 to provide the results. We hope that it will assist you in understanding the company's performance.