CREEK & RIVER Co., Ltd. Expects First Quarterly Extraordinary Loss and Raises Mid-year Outlook and Issues Full-year Outlook for FY Ending February 2012

CREEK & RIVER Co., Ltd. announced that it expects to record JPY 51 million loss on valuation of investment securities as extraordinary loss for the first quarter of fiscal year ending February 2012. The Company also raised its consolidated mid-year outlook for revenue from JPY 7,000 million to JPY 7,200 million, operating profit from JPY 100 million to JPY 150 million, ordinary profit from JPY 100 million to JPY 150 million, net profit from JPY 20 million to JPY 30 million and earning per share from JPY 92.90 to JPY 139.35 for the fiscal year ending February 29, 2012. The Company also issued its consolidated full-year outlook for revenue of JPY 14,500 million, operating profit of JPY 300 million, ordinary profit of JPY 300 million, net profit of JPY 100 million and earning per share of JPY 464.51 for the fiscal year ending February 29, 2012.