Interim Business Report for the Fiscal Year Ending May 31, 2005 CLOSE
PASONA
June 1, 2004 to November 30, 2004
Pasona’s “ambition” is realizing the “dreams” of each and every individual in their efforts to reenter the workforce, seek new challenges, and achieve new goals.
Our raison d’etre is to build a future where individuals can create their own comfortable lifestyles and freely choose the kind of work they would like to do.
With unrelenting passion, Pasona is committed to creating an infrastructure where each individual can nurture his or her own dream irrespective of age and gender. Unwavering in this mission, we will continue to stride forward, seek new challenges, and contribute to the prosperity of society.

Contents
TO OUR SHAREHOLDERS INVESTOR INFORMATION
OVERVIEW   CORPORATE DATA/MANAGEMENT
PASONA-A NEW BEGINNING   SHAREHOLDERS’ MEMO/GROUP COMPANIES
PASONA GROUP TOPICS      
GROUP FOCUS      
FINANCIAL DATA (CONSOLIDATED)      
Interim Balance Sheets (Consolidated)      
Interim Statements of Income (Consolidated)/Interim Statements of Retained Earnings (Consolidated)
Interim Statements of Cash Flows (Consolidated)
Interim Balance Sheets (Non-Consolidated)/Interim Statements of Income (Non-Consolidated)
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