株式会社幸楽苑

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1 35th Business Report

2 To Our Shareholders Management Report CONTENTS

3 Management Strategy 3 4

4 5 6 Management Strategy Commentary Information

5 7 8 Topics Restaurant

6 Operating Results Consolidated Financial Highlights ,115 8,672 18,127 9,083 14,377 8,096 14,094 8,330 11,029 5,800 11,092 5,983 7,883 3,728 7,868 3,839 7,052 3,172 6,989 3, ,500 1,649 1,808 1,842 1,394 1,464 1,029 1, ,683 23,896 19,746 18,876 15,885 15,299 12,646 12,053 10,183 9,

7 Consolidated Financial Statements

8 Consolidated Financial Statements Non-Consolidated Financial Statements 13 14

9 Corporate Data Latest Development ,000, , , , , /3 02/3 03/3 04/6 05/

10 Restaurant List 17 18

2 1 To Our Shareholders Financial Highlights

2 1 To Our Shareholders Financial Highlights 2 1 To Our Shareholders Financial Highlights Review of Operations % % % % 3 4 5 6 Special Feature Topics 4/22 2005 6/23 7/8 7/15 9/2 10/26 11/18 12/27 1/30 2006 4 5 6 7 8 9 10 11 12 1 2 3 2/10 4/8 9/8

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