Brief Financial Statements March 31, 1999 May 14, 1999

Listed company: Tokyo Denpa Co., Ltd.
Code number: 6900 Listed stock exchange : Tokyo Second
Head office: 6-11, 5-chome, Chuo, Ohta Ward, Tokyo

Inquiry source: Title of person in charge Manager, Accounting Department
Name Takahiro Ito TEL 03-3751-6171
Board of director on account settlement to be held on: May 14, 1999
Regular general meeting of stock holders to be held on: June 29, 1999
Consolidated financial statements:
Interim dividend system:

1. Performance March 31, 1999 (April 1, 1998 though March 31, 1999)
(1) Sales performance (Note) All amounts shown in this brief financial statement
have been processed by discarding all digits to the right of
the units noted.
Sales (increase/decrease rate from previous term)
Operating income (increase/decrease rate from previous term)
Ordinary income (increase/decrease rate from previous term)
Million yen %
Million yen %
Million yen %
March 31, 1999
11,132 (-17.6)
690 (-42.1)
606 (-50.6)
March 31, 1998
13,503 ( 3.4 )
1,193 ( 17.9 )
1,228 ( 5.3 )
Current net income
(increase/decrease rate
from previous term)
Current net
income per
common share
Current net
income per common
share after potential
stocks adjustment
Current net
income rate of
shareholders'
equity
Ordinary
income rate of
total capital
Ordinary
income rate of
sales
Million yen % Yen Sen Yen Sen % % %
March 31, 1999
338 (-55.3) 50 93 - 4.5
4.0
5.4
March 31, 1998
758 ( 3.4 )
114 03
-
10.6
8.4
9.1
(Note) 1. Average number of shares during term
March 31, 1999 6,652,000 shares
March 31, 1998 6,652,000 shares
2. Accounting method was: not changed
(2) Dividends
Annual dividends per common share
Total dividends
(annual)
Dividend
payout ratio
Shareholders' equity
payout ratio
Interim
Final
Yen Sen
Yen Sen
Yen Sen
Million Yen
% %
March 31, 1999
20 00
0 00
20 00
133
39.3
1.7
March 31, 1998
25 00
0 00
25 00
166
21.9
2.2
(Note) Details of dividends at the end of March, 1999:
Memorial dividend JPY 0.00 Special dividend JPY 5.00
Details of dividends at the end of March, 1998:
Memorial dividend JPY 0.00 Special dividend JPY 10.00
(3) Financial condition
Total assets
Shareholders' equity
Ratio of shareholders'
equity
Shareholders' equity
per common share
Million Yen
Million Yen
%
Yen Sen
March 31, 1999
14,629
7,618
52.1
1,145 24
March 31, 1998
15,566
7,445
47.8
1,119 30
(Note) 1. Total number of shares issued at term end
March 31, 1999 6,652,000 shares
March 31, 1998 6,652,000 shares
2. Paper profit/loss of securities million yen
3. Paper profit/loss of derivatives trade million yen
2. Expected performance at March 31, 2000 (April 1, 1999 through March 31, 2000)
Sales
Ordinary
income
Current net
income
Annual dividend
per common share
Interim
Final
 
Million Yen
Million Yen
Million Yen
Yen Sen
Yen Sen
Yen Sen
Interim
6,300
400
220
0 00
-
-
Total
13,000
820
450
-
20 00
20 00
(Reference) Expected current net income per common share (total) JPY 67.64
The expected data for interim and total performances are calculated assuming that tax effect
accounting is not applied.