Area Quest Inc Announces Extraordinary Losses and Extraordinary Profits for Q4 of FY 2012

Area Quest Inc announced that it will record a JPY 33,040,000 extraordinary profit on the payout on cancellation of insurance agreement as well as a JPY 8,880,000 extraordinary profit on the reversal of options, for the fourth quarter of the fiscal year ended June 2012. The Company will also record a JPY 4,300,000 extraordinary loss on the retirement of fixed ass4ts, a JPY 8,410,000 extraordinary loss on business office moving, a JPY 820,000 extraordinary loss on the selling of investment securities, a JPY 780,000 extraordinary loss on the revaluation of investment securities, a JPY 3,500,000 extraordinary loss on the provision for bad debts, as well as a JPY 1,410,000 extraordinary loss on the settlement of lawsuit, for the fourth quarter of the fiscal year ended June 2012.