Cosel Asia Ltd.

Cosel is one of the world's leading power supply manufacturers offering
high-quality, ultra small size AC-DC power supplies,
DC-DC converters of the state-of-the-art technologies, and effective and
easy-to-use noise filters.


Millions of Yen		2002/5	2003/5	2004/5	2005/5	2006/5
Net Sales		11,734	15,225	17,754	19,209	21,741
Unit		8,348	10,271	12,176	12,839	14,774
On-Boad		3,385	4,954	5,577	6,369	6,955
Noise Filter		---	---	---	---	11
Operating Income		1,559	3,627	4,566	5,121	6,382
Ordinary Profit		1,740	3,683	4,652	5,194	6,557
Net Income		722	2,071	2,689	3,078	3,859
Shareholders' Equity		17,920	19,433	21,576	23,856	27,076
Total Assets		20,810	22,968	25,395	27,444	31,368
Capital Investment		858	381	984	894	595
Depreciation Expense		733	621	630	750	699
Employees		367	375	375	380	386
Shareholders' Equity Ratio	(%)	86.1	84.6	85.0	86.9	86.3
Current Ratio	(%)	532.8	511.8	534.9	609.3	525.2
Fixed Assets Ratio	(%)	53.5	47.1	45.8	47.3	50.4
Ordinary Profit on Sales	(%)	14.8	24.2	26.2	27.0	30.2
Net Income on Sales	(%)	6.2	13.6	15.1	16.0	17.8
Return on Equity	(%)	4.1	11.1	13.1	13.6	15.2
Net Income per Share	(Yen)	35.36	100.76	131.45	150.58	189.91
Shareholders' Equity per Share	(Yen)	877.40	955.35	1,060.75	1,172.94	1,332.27



Millions of Yen		2002/5	2003/5	2004/5	2005/5	2006/5
Net Sales		11,162	14,331	16,893	18,328	20,613
Operating Income		1,578	3,271	4,207	4,786	5,917
Ordinary Profit		1,831	3,397	4,397	4,989	6,223
Net Income		801	1,891	2,499	2,887	3,665
Common Stock		2,055	2,055	2,055	2,055	2,055
Shareholders' Equity		17,656	19,000	21,040	23,125	26,050
Total Assets		20,485	22,435	24,740	26,583	30,154
Shareholders' Equity per Share	(Yen)	864.45	934.00	1,034.39	1,136.96	1,281.82
Dividend per Share	(Yen)	14.00	19.00	37.00	43.00	55.00
Net Income per Share	(Yen)	39.24	91.00	122.10	141.17	180.34