SHARP CORPORATION CONSOLIDATED BALANCE SHEETS Millions of Yen December 31, 2005 ASSETS Current Assets: Cash, Time deposits, and Short-term investments Notes and accounts receivable, less-Allowance for doubtful receivables Inventories Other current assets Total current assets September 30, 2005 Increase Decrease March 31, 2005 393,856 394,658 - 802 392,121 590,392 339,981 102,233 1,426,462 549,873 341,791 97,667 1,383,989 + 40,519 - 1,810 + 4,566 + 42,473 502,942 325,723 99,827 1,320,613 Plant and Equipment, less Accumulated depreciation 865,958 872,650 - 6,692 833,882 Investments and Other Assets 250,516 235,483 + 15,033 230,531 2,542,936 2,492,122 + 50,814 2,385,026 333,039 323,931 + 9,108 364,551 679,127 646,919 + 32,208 613,838 200,378 1,212,544 217,430 1,188,280 - 17,052 + 24,264 201,132 1,179,521 263,486 259,043 + 4,443 192,291 1,476,030 1,447,323 + 28,707 1,371,812 8,212 9,461 - 1,249 8,888 204,676 262,286 643,439 15,323 40,748 ) 26,282 ) 204,676 262,285 628,087 15,323 48,844 ) 26,189 ) Total assets LIABILITIES, MINORITY INTERESTS AND SHAREHOLDERS' EQUITY Current Liabilities: Short-term borrowings, including current portion of long-term debt Notes and accounts payable Other current liabilities Total current liabilities Long-term Liabilities Total liabilities Minority Interests Shareholders' Equity: Common stock Capital surplus Retained earnings Net unrealized holding gains on securities Foreign currency translation adjustments Less-Cost of treasury stock ( ( ( ( 0 + 1 + 15,352 + 0 + 8,096 - 93 ( ( 204,676 262,283 605,440 13,333 55,346 ) 26,060 ) Total shareholders' equity 1,058,694 1,035,338 + 23,356 1,004,326 Total liabilities, minority interests and shareholders' equity 2,542,936 2,492,122 + 50,814 2,385,026 Note: The value of Investments in Securities included in Investments and Other Assets as of December 31, 2005 is based on the market value as of September 30, 2005