Ordinary income 3.4 billion yen (Prior Year Comp up 3%)
Net Income 2.7 billion yen (prior year comp up 50%)

August 22, 2006 (Tokyo, Japan) Culture Convenience Club Co., Ltd. (“CCC”, President: Muneaki Masuda) has reported its consolidated operating results for the first quarter of the year ending Mar. 31, 2007 as follows: Net sales were 43,918 million yen (8.0% down compared to the prior year), affected by the transfer of 51% ownership in Nihon Soft Service Co., Ltd., to Nippon Shuppan Hanbai, Inc., at the end of March 2006; however, ordinary income improved to 3,376 million yen (up 2.5% over the prior year) and net income increased markedly to 2,658 million yen (up 50.2% over the prior year) .