Financial Results for the Second Quarter Ended April 30, 2012
[Japan GAAP] (Consolidated)
Date:

June 4, 2012

Company Name and Code:

Tomoe Engineering Co., Ltd. and Subsidiaries - 6309
(Website: http://www.tomo-e.co.jp/index_e.html)

Stock Exchange Listing:

1st Section, Tokyo Stock Exchange

Head Office:2-2, Osaki 1-chome, Shinagawa-ku, Tokyo, Japan

President:

Noboru Shiono

Investor Relations Contacts:

Natsuhiko Maeda, Director, Accounting and Management Planning Tel: (03) 5435-6512

Date to report Consolidated Quarterly Financial Statement: June 12, 2012
Date for Dividend Payment:

Not applicable to financial quarters.

Preparation of Supplementary Explanatory Materials for Quarterly Operating Results: Yes
Briefing Session for Quarterly Operating Results: Yes (for institutional investors)* Any fractional sums less than one million (or one thousand) yen are disregarded.
1. Consolidated Financial Data for the Second Quarter Ended April 30, 2012
(1) Results of Operation (Consolidated)

Quarter Ended April 30, 2012
Quarter Ended April 30, 2011

(Percent: Change from the same quarter of the previous year)
Net Sales
Operating Income
Ordinary Income
Millions ofMillions ofMillions of
Yen
Percent
Yen
Percent
Yen
Percent
21,156(4.2)
1,420(15.7)
1,510(15.9)
22,080
12.8
1,685
2.3
1,796
2.4
Net Income

Quarter Ended April 30, 2012
Quarter Ended April 30, 2011

Millions of
Yen
1,014
1,059

Percent
(4.3)
(7.0)

Net Income per Share

Fully Diluted Quarterly
Net Income per ShareYen
101.66106.21

Yen-(Note) Comprehensive income
Second Quarter ended April 30, 2012: 1,144 million yen (0.3%) Second Quarter ended April 30, 2011: 1,140 million yen (-%)
(2) Financial Condition (Consolidated)

Quarter Ended April 30, 2012
Year Ended October 31, 2011

Total Assets (A)(Millions of Yen)
33,51332,702

Net Assets (B)(Millions of Yen)
22,106
21,329Net Assets Ratio(B) / (A) (Percent)
65.2
64.5

(Reference) Net assets
Second Quarter ended April 30, 2012: 21,834 million yen

Year Ended October 31, 2011: 21,090 million yen

2. Dividend Status(Record Date)
Year Ended October 31, 2011
Year Ending October 31, 2012
Year Ending October 31, 2012 (Prospect)First
Quarter-Interim
Term
0.00
0.00

Annual Dividend (Yen)Third
End ofQuarter
Fiscal Year
40.00

(Note) Revisions since the most recently released dividend projection: None

-

40.00

Annual40.00
40.00

3. Forecast for Earnings for the Year Ending October 31, 2012 (Consolidated)(Percent: Change from the previous year for the full business year)
Net Sales
Operating Income
Ordinary Income(Millions of Yen) (Percent) (Millions of Yen) (Percent) (Millions of Yen) (Percent)
Full Business Year42,900
1.2
2,500
3.3
2,590
(0.2)
Net Income
Net Income per Share(Millions of Yen) (Percent)
Yen
Full Business Year
1,630
(44.1)
163.35(Note) Revisions since the most recently released dividend projection: None
4. Others(1) Significant changes in subsidiaries during this quarter (Changes in specific subsidiaries in conjunction with a change
in the scope of consolidation): None
Number of new subsidiaries: __(Company names):

Number of eliminated subsidiaries: __(Company names):(2) Adoption of simplified accounting method and the specific accounting method: None
(3) Changes of the principles, procedures, and representation of the accounting policies
1) Change due to revision of accounting standard: None
2) Other changes than the above 1): None
3) Change in accounting estimates: None
4) Retrospective restatements: None
(4) Number of outstanding shares (Ordinary shares)
1) Number of outstanding shares as of quarter-end and year-end (including treasury stocks)
At April 30, 2012: 10,533,200 shares

At October 31, 2011: 10,533,200 shares

2) Number of treasury stocks as of quarter-end and year-end
At April 30, 2012: 554,547 shares

At October 31, 2011: 554,501 shares

3) Number of average shares (accumulated quarterly total)
At April 30, 2012: 9,978,684 shares

At April 30, 2011: 9,978,751 shares*Disclosure concerning status of implementation of quarterly review procedure
This quarterly earnings report is exempt from the quarterly review procedure based on the Financial Instruments andExchange Act. At the time of disclosure of this quarterly earnings report, the Company has not completed a quarterly
review procedure based on the Financial Instruments and Exchange Act.
*Explanations for appropriate use of the earnings forecast and other special instructions
The forward-looking statements such as a forecast of our financial results described herein are based on theinformation currently available to us and certain assumptions that we believe are reasonable. Actual results could differ
materially due to various factors. Please refer to the Financial Results for the Quarter (Attachments) on Page 4, “1.
Qualitative Information on Quarterly Consolidated Operating Results (3) Qualitative Information on Consolidated
Earnings Forecast” for the operating results forecast and matters to note when using forward-looking statements.

Table of Contents (Attachments)
1. Qualitative Information on Quarterly Consolidated Operating Results...................................................................2(1) Qualitative Information on Consolidated Operating Results.......................................................................2(2) Qualitative Information on Consolidated Financial Position....................................................................... 3(3) Qualitative Information on Consolidated Earnings Forecast....................................................................... 4
2. Matters Concerning Summary Information (Other)................................................................................................. 4(1) Changes to material subsidiaries during the quarterly consolidated period under review......................... 4(2) Application of special accounting method in the preparation of quarterly consolidated financial
statements........................................................................................................................................................ 4(3) Changes in accounting principles, changes in accounting estimates and retrospective restatements... 4(4) Supplemental information............................................................................................................................. 4
3. Consolidated Financial Statement......................................................................................................................... 5(1) Consolidated Quarterly Balance Sheet. ..................................................................................................... 5(2) Consolidated Quarterly Statements of Income & Consolidated Quarterly Statements of Comprehensive
Income.............................................................................................................................................................. 7(3) Consolidated Quarterly Statements of Cash Flows. .................................................................................. 9(4) Note on Going Concern Assumption..........................................................................................................11(5) Segment Information, etc. .............................................................................................................................11(6) Notes for Significant Changes in Shareholder’s Equity............................................................................... 11
4. Overseas Net Sales (Supplemental Information)...................................................................................................121

1. Qualitative Information on Quarterly Consolidated Operating Results(1) Qualitative Information on Consolidated Operating Results[General operating results]
During the interim period under review, Japan’s economy entered circumstances of sustained activity leading
toward a general economic recovery. The pickup trend in production levels was maintained, driven by factors
such as a recovery in transportation machinery and related industries and the gradual expansion of restoration
demand following the Great East Japan Earthquake, and even consumer confidence, although still restrained,
took plodding steps in the direction of a more positive outlook.
Given such circumstances, interim period consolidated net sales for the Tomoe Engineering Group dipped
4.2% from the same period one year earlier to 21,156 million yen. This reflected a decline in sales of equipment,
components and works for domestic public sector demand and lower sales of equipment and systems for China
in the Machinery & Equipment Business, as well as decreased sales volume in the domestic electronics materials
and industrial materials sectors in the Chemical Products Business. In terms of earnings for the period, theGroup's consolidated operating income was 1,420 million yen, 15.7% down from the same period one year earlier,as the declines in sales in the Machinery & Equipment Business became a factor pushing down earnings, and theGroup reported a loss in the Chemical Products Business for the resin plastic compounding business inShenzhen, China. Ordinary income reflected a reactionary drop from a gain on valuation of derivatives in theprior year related to the Chemical Products Business, falling to 1,510 million yen, 15.9% down from the same
period last year. Furthermore, because the effective tax rates for the corporation tax and other taxes werereduced by the tax reforms enacted in December 2011, the adjustment for corporate and other taxes was loweredby 120 million yen as the result of a revaluation of deferred tax assets and liabilities, and this was a factor lifting
second quarter year-to-date consolidated net income by the same amount. As a result of all of the above factors,
net income for the interim period was 1,014 million yen, 4.3% down from the same period of the prior year.
[Operating results by segment](Machinery & Equipment Business)
In the Machinery & Equipment Business, consolidated net sales for the interim period were 6,337 million yen,
11.0% down from the same period last year. Sales of centrifuge equipment for oil well drilling in North America
and overseas sales of components were higher, but sales of equipment, components and works for domestic
public sector demand and sales of equipment and systems for China were both off sharply. Among such factors
pushing net sales lower, the impact of the slump in devices and systems sales to meet domestic public sector
demand was significant, with the bulk of the drop being a reactionary decline from the sale in the same period one
year ago of devices and systems for a large-scale sewage treatment facility reconstruction project. Moreover,the principal cause of the decrease in sales to China were the continuing slump in sales of centrifuge equipment
for vinyl chloride plants and of abrasive grain slurry recycling equipment for use in manufacturing photovoltaic cells.
The gross profit margin overall was basically unchanged from the prior year, as the drop in domestic public sector
demand was offset by the improvement in overseas consumption. Because of the above factors, however,consolidated operating income for this business was 753 million yen, 21.4% down from the same period of theprevious fiscal year.

2

(Chemical Products Business)
In the Chemical Products Business, consolidated net sales were 14,819 million yen, 1.0% down year-on-year.
While the high performance resins and molding machines sales business in Hong Kong showed growth, domestic
sales of consumables for use in semiconductor manufacturing and related equipment plunged in the electronics
materials sector. Domestically, weakness in the sales of additives for use in construction materials and glass in
the industrial materials sector was also a factor putting downward pressure on net sales in this business. Froman earnings perspective, earnings from domestic operations were roughly identical to the same period of the prioryear because of the improved gross profit margins in the chemical products and advanced materials sectors, but
for the Group as a whole, operating income was affected by lower earnings from the compounding business inShenzhen, China, particularly for commodity plastics, and totaled 666 million yen, 8.2% down from thecorresponding period of the previous year.
(2) Qualitative Information on Consolidated Financial Position:[Assets, Liabilities, and Net Assets]
Total assets at the end of the interim consolidated period under review were 33,513 million yen, 810 million yen
or 2.5% up from the balance of the end at the previous consolidated fiscal year on October 31, 2011. Althoughinventories were lower, particularly product inventories in the Chemical Products Business and work in process in
the Machinery & Equipment Business, and deferred tax assets also decreased because of payments for bonuses
and other items, there was a significant increase in notes and accounts receivable-trade that reflected the fact theend of the period was a financial institution holiday, among other factors, and current assets increased as a result.
On the other hand, total liabilities were 11,406 million yen, up 33 million yen or 0.3% compared with the end of
the previous consolidated fiscal year. Noncurrent liabilities fell based on a reduction of deferred tax liabilities thatoriginated in amendment of the corporate tax system, while current liabilities rose because of higher notes andaccounts payable-trade that were based on end-of-period factors and an increase in the advances related to the
Machinery & Equipment Business.
Moreover, net assets after dividend payments of 399 million yen totaled 22,106 million yen, up 777 million yen
or 3.6% from the end of the previous consolidated fiscal year. This reflected the interim period net income of
1,014 million yen, as well as slightly higher earnings for other items such as year-to-date other comprehensive
income.
Because the rate of growth in net assets exceeded the rate of growth in liabilities as indicated above, theequity ratio at the end of the consolidated second quarter under review rose by 0.7 points compared with the endof the previous consolidated fiscal year to 65.2%.
[Cash Flow Status]
Cash and cash equivalents as of the end of the consolidated second quarter under review decreased by 2,834
million yen to 4,461 million yen from the end of the previous consolidated fiscal year. The status of each consolidated
cash flow and their factors during the second quarter are as follows:(Net Cash Provided by (Used in) Operating Activities)
Net cash provided by operating activities was 719 million yen. Notes and accounts receivable-trade rose by
874 million yen, income taxes paid were 546 million yen and income before income taxes and minority interests
was 1,529 million yen, while inventories fell by 399 million yen and advances received increased by 353 millionyen.

3(Net Cash Provided by (Used in) Investing Activities)
Net cash used in investing activities was 3,328 million yen. This mainly reflected net purchases of time
deposits of 3,100 million yen, and purchases of property, plant and equipment and intangible fixed assets of 235
million yen.
(Net Cash Provided by (Used in) Financing Activities)
Net cash used in financing activities was 291 million yen despite a net increase in short-term loans payable, as
399 million yen was used for cash dividends paid.
(3) Qualitative Information on Consolidated Earnings Forecast:
Because it projects consolidated full-year net sales and earnings will fall below its initial forecast, the Tomoe
Engineering Group has revised downward its projected full-year operating results for the fiscal year ending in
October 2012 as announced in the “Notice Concerning Revision of Projected Operating Results” (in Japaneseonly) released on May 29, 2012.
This revision reflects that fact that while consolidated full-year net sales in the Machinery & Equipment
Business are projected to be roughly in line with the Company’s initial projection, net sales for the Chemical
Products Business are expected to fall below the initial forecast against the backdrop of lackluster new domestic
commercial distribution developments and a slump in the plastic compounding business in Shenzhen, China,
and both the net sales and net income of the entire Tomoe Engineering Group are therefore forecast to fall below
the levels in the initial forecast.
Compared with the initial forecast released on December 12, 2011, projected full-year consolidated net sales
for the fiscal year ending October 31, 2012 have been reduced by 3.1 billion yen or 6.7%, operating income has
been reduced by 160 million yen or 6.0% and ordinary income has been reduced by 100 million yen or 3.7%.
The outlook for net income has been lowered by 30 million yen or 1.8%.
The operating results forecasts described above are based on information available to the Company at thetime the forecasts were prepared and assumptions judged to be reasonable. Actual operating results might differ
from these forecasts depending upon changes in the domestic and international economic trends, the balance of
supply and demand and various other circumstances.
2. Matters Concerning Summary Information (Other)(1) Changes to material subsidiaries during the quarterly consolidated period under review: None
(2) Application of special accounting method in the preparation of quarterly consolidated financial statements: None.
(3) Changes in accounting principles, changes in accounting estimates and retrospective restatements: None
(4) Supplemental information(Application of the Accounting Standard for Accounting Changes and Error Corrections)
Beginning with accounting changes and corrections of past reporting errors that are made after the beginning of thefirst quarter of the current consolidated fiscal year, the Company has adopted the Accounting Standard for Accounting
Changes and Error Corrections (Accounting Standards Board of Japan Statement No. 24) and the Guidance on
Accounting Standard for Accounting Changes and Error Corrections (Accounting Standards Board of Japan Guidance
No. 24).

4

3. Consolidated Financial Statement(1) Consolidated Quarterly Balance Sheets (Second Quarter)(Thousands of Yen)

End of Previous YearEnd of Second Quarter(October. 31, 2011)(April 30, 2012)

AssetsCurrent Assets

Cash and Deposits

7,296,554

7,561,878

Notes and Accounts Receivable-Trade12,478,424

13,526,811

Merchandise and Finished Goods

3,506,696

3,150,612

Work in Process

1,029,443

918,181

Raw Materials and Supplies

630,324

801,511

Deferred Tax Assets

634,782445,873

Others236,706

163,627(21,322)
25,791,609(11,292)
26,557,203

2,328,168

2,335,472

Accumulated Depreciation(1,344,589)(1,383,178)

Buildings and Structures, Net

983,579

952,293

Machinery, Equipment and Vehicles

3,395,764

3,489,137(2,662,256)(2,755,717)

733,508

733,420Land

922,024

922,024

Lease Assets

71,702

62,234

Accumulated Depreciation(52,851)(51,027)

Lease Assets, Net

18,850

11,207

Construction in progress

2,545,240

2,608,138

990,168

1,009,476(924,338)(949,404)

65,83060,071

5,269,032

5,287,155

65,585108,287

Investment Securities

665,846

676,830

Guarantee Deposits

364,657

359,312Deferred Tax Assets

33,14329,216

Others591,086543,236

Allowance for Doubtful Accounts(78,405)(48,218)

Total Investments and Other Assets

1,576,328

1,560,377

Total Noncurrent Assets

6,910,947

6,955,820

Total Assets

32,702,557

33,513,024

Allowance for Doubtful Accounts
Total Current Assets
Noncurrent Assets
Property, Plant and Equipment
Buildings and Structures

Accumulated Depreciation
Machinery, Equipment and Vehicles, Net

Others
Accumulated Depreciation
Others, Net
Total Property, Plant and Equipment
Intangible Assets
Investments and Other Assets5

(Thousands of Yen)
End of Previous YearEnd of Second Quarter(October. 31, 2011)(April 30, 2012)

Liabilities and Net Assets
Liabilities
Current Liabilities

Notes and Accounts Payable-Trade

6,485,604

6,772,410

Short-Term Loans Payable

534,045656,022

Lease Obligations

14,556

10,850Accounts Payable-Others

577,728

549,205

Income Taxes Payable

555,402474,293

Advances Received

461,243

821,494

Provision for Bonuses

1,084,618

790,404

Provision for Directors' Bonuses

61,77636,743

Allowance for Product Warranty

281,546

96,506

Others

270,113282,151

10,326,636

10,490,084

7,992

3,088

Provision for Retirement Benefits

36,74540,999Provision for Directors' Retirement Benefits

31,76029,600

Deferred Tax Liabilities

969,595

842,357

Total Noncurrent Liabilities

1,046,093

916,044

Total Liabilities

11,372,730

11,406,128

Capital Stock

1,061,210

1,061,210

Capital Surplus

1,483,410

1,483,410

Retained Earnings

19,179,264

19,794,516

Treasury Stock(363,319)(363,393)

21,360,564

21,975,742

Valuation and Translation Adjustments
Valuation Difference on Available-for-Sale
Securities
Deferred Gains or Losses on Hedges

51,626

63,379230(1,487)

Foreign Currency Translation Adjustment(321,821)(203,533)

Total Valuation and Translation Adjustments(269,965)(141,642)

239,227

272,796

Total Net Assets

21,329,827

22,106,895

Total Liabilities and Net Assets

32,702,557

33,513,024

Total Current Liabilities
Noncurrent Liabilities
Lease Obligations

Net Assets
Shareholders’ Equity

Total Shareholders’ Equity

Minority Interests6(2) Consolidated Quarterly Statements of Income & Consolidated Quarterly Statements of Comprehensive
IncomeConsolidated Quarterly Statements of Income (Second Quarter)(Thousands of Yen)

Second Quarter Ended

Second Quarter Ended

April 30, 2011

April 30, 2012

Net Sales

22,080,437

21,156,546

Cost of Sales

17,283,023

16,625,647

4,797,413

4,530,898

3,111,681

3,110,407

1,685,732

1,420,490

Interest income

5,477

7,477

Dividends Income

7,292

6,723

Rent Income

6,177

5,964

Foreign Exchange Gains

9,038

53,699Gain on Valuation of Derivatives

73,959-Others

28,74535,781

130,690

109,646

3,814

4,742

35

35

Commission Paid

8,463

7,995

Others

7,743

7,075

Total Non-Operating Expenses

20,056

19,849Ordinary Income

1,796,366

1,510,288-

10,96012,590

6,141

-

6,780

19,65032,241

23,881

Loss on Retirement of Noncurrent Assets

-

5,075

Loss on Valuation of Investments Securities

714-

Provision of Allowance for Doubtful Accounts

1,300

-

32,685-34,6995,075

1,793,908

1,529,095

Income Taxes-Current

596,159

465,418

Income Taxes-Deferred

133,00969,665729,168

535,084

1,064,739

994,010

Minority interests in income or loss (-)

4,881(20,388)

Net Income (Loss)

1,059,858

1,014,399

Gross Profit
Selling, General and Administrative Expenses
Operating Income
Non-Operating Income

Total Non-Operating Income
Non-Operating Expenses
Interest Expenses
Loss on Sales of Notes Payable

Extraordinary Income
Gain on Sales of Noncurrent Assets
Gain on Sales of Investment Securities
Gain on Change in Equity Interest
Reversal of Allowance for Doubtful Accounts
Total Extraordinary Income
Extraordinary Losses

Affect from application of the Accounting Standard for
Asset Retirement Obligations
Total Extraordinary Losses
Income before Income Taxes and Minority Interests

Total Income Taxes
Income before minority interests

7

Consolidated Quarterly Statements of Income (Second Quarter)(Thousands of Yen)

Second Quarter Ended

Second Quarter Ended

April 30, 2011

April 30, 2012

1,064,739

994,010

Valuation difference on available-for-sale securities

38,545

11,752

Deferred Gains or Losses on Hedges

7,183(1,717)

Foreign Currency Translation Adjustment

29,932

140,131

Total other comprehensive income

75,661150,165

1,140,401

1,144,176

1,126,681

1,142,721

13,720

1,455

Income before minority interests
Other comprehensive income

Comprehensive income(Breakdown)Comprehensive income attributable to owners of theparentComprehensive income attributable to minority
interests8

(3) Consolidated Quarterly Statements of Cash Flows(Thousands of Yen)

Net Cash Provided by (Used in) Operating Activities
Income before Income Taxes and Minority Interests

Second Quarter Ended

Second Quarter Ended

April 30, 2011

April 30, 2012

1,793,908

1,529,095

Depreciation and Amortization

192,294

171,101

Increase (Decrease) in Provision for Bonuses(394,938)(296,095)

Increase (Decrease) in Provision for Directors' Bonuses(54,856)(25,032)

Increase (Decrease) in Allowance for Product Warranty

182,582(185,039)

Increase (Decrease) in Provision for Retirement Benefits

5,000

4,033

Increase (Decrease) in Provision for Directors' Retirement Benefits(111,000)(2,160)

Increase (Decrease) in Allowance for Doubtful Accounts(19,125)(40,216)714-(12,769)(14,201)

Interest Expenses

3,814

4,742

Foreign Exchange Losses (Gains)(4,976)(4,455)

Loss (Gain) on Sales of Investment Securities(12,590)(6,141)-(6,780)Loss (Gain) on Sales of Noncurrent Assets-(10,960)

Loss (Gain) on Retirement of Noncurrent Assets

-

5,075

Affect from application of the Accounting Standard for Asset

32,685-

Loss (Gain) on Valuation of Derivatives(73,959)-

Decrease (Increase) in Notes and Accounts(866,823)(874,757)

Decrease (Increase) in Inventories(395,853)

399,622

Increase (Decrease) in Notes and Accounts Payable-Trade

444,443

112,337

Increase (Decrease) in Accounts Payable-Others(42,375)(10,850)

Increase (Decrease) in Advances Received

6,803

353,724

Increase (Decrease) in Accrued Consumption Taxes

58,813(3,380)

Others, Net(95,721)

157,532

Loss (Gain) on Valuation of Investment Securities
Interest and Dividends Income

Loss (Gain) on Change in Equity Interest

636,070

1,257,190

Interests and Dividends Income Received

Sub total

7,889

13,674

Interest Expenses Paid

(3,821)(4,750)(949,907)(546,647)(309,769)

719,466

Income Taxes Paid (-) or Returned
Net Cash Provided by (Used in) Operating Activities

9(Thousands of Yen)
Second Quarter Ended

Second Quarter Ended

April 30, 2011

April 30, 2012

Net Cash Provided by (Used in) Investing Activities

Disbursement to Time Deposits(2,520,110)(3,200,000 )Proceeds from Withdrawal of Time Deposits

100,000(121,568 )

100,000

Purchase of Property, Plant and Equipment

Proceeds from Sales of Property, Plant and Equipment(181,029)

Purchase of Intangible Assets

120(2,320)(54,561)

Purchase of Investment Securities(6,118)(8,912)

Proceeds from Sales of Investment Securities

17,824

12,932

Payments of Loans Receivable(270)(3,500)

Collection of Loans Receivable

3,583

1,218

Guarantee Deposits (Increase)

12,708

3,654

Others, Net(1,270)(1,009)(2,517,422 )(3,328,152)

Funds Provided by Payment from Minority Shareholders-

38,893Net Increase (Decrease) in Short-Term Loans Payable-

77,420(13,447 )(8,610)

(98)

(73)

(349,257 )(399,147)(362,803 )(291,518)(13,300 )65,528(3,203,295 )(2,834,676)

6,109,100
2,905,805

7,296,554
4,461,878

Net Cash Provided by (Used in) Investment Activities

3,055

Net Cash Provided by (Used in) Financing Activities

Repayments of Lease Obligations

Purchase of Treasury Stock
Cash Dividends Paid
Net Cash Provided by (Used in) Financing Activities
Effect of Exchange Rate Change on Cash and Cash
Equivalents
Net Increase (Decrease) in Cash and Cash Equivalents
Cash and Cash Equivalents at Beginning of Period
Cash and Cash Equivalents at End of Period10(4) Note on Going Concern Assumption
None.
(5) Segment Information, etc.
【Segment Information 】
Second Quarter Ended April 30, 2011
Information Pertaining to the Amount of Net sales or Net Loss of Each Reporting Segment(Thousands of Yen)
Reported Segment
Machinery & Equipment

Chemical Products

Business

Business

Total

Grand Total

Net Sales
Net Sales to UnaffiliatedCustomers

7,116,963

14,963,474

22,080,437

22,080,437

-

-

-

-

7,116,963

14,963,474

22,080,437

22,080,437

Internal Net Sales among
Segments or AmountTransferred
Total

Segment Profit
959,310
726,421
1,685,732
1,685,732(Note) The total amount of segment profit is identical to the operating income reported on the Quarter Statements ofConsolidated Income.

Second Quarter Ended April 30, 2012
Information Pertaining to the Amount of Net sales or Net Loss of Each Reporting Segment(Thousands of Yen)
Reported Segment
Machinery & Equipment

Chemical Products

Business

Business

Total

Grand Total

Net Sales
Net Sales to UnaffiliatedCustomers

6,337,116

14,819,429

21,156,546

21,156,546

-

-

-

-

6,337,116

14,819,429

21,156,546

21,156,546

Internal Net Sales among
Segments or AmountTransferred
Total

Segment Profit
753,650
666,840
1,420,490
1,420,490(Note) The total amount of segment profit is identical to the operating income reported on the Quarter Statements ofConsolidated Income.

(6) Notes for Significant Changes in Shareholder’s Equity
None

11

4. Overseas Net Sales (Supplemental Information)
Second Quarter Ended April 30, 2011

(Thousands of Yen)
Asia

I. Overseas Net Sales

Total

3,483,165

945,668

4,428,833--

22,080,437

15.8

4.3

20.1

II. Consolidated Net Sales
III. Ratio of Overseas Net Sales to Consolidated Net Sales (%)

Other Regions(Notes)1. Areas including countries or regions are determined based on their degree of geographical proximity.
2. Main countries or regions included in the areas:(1) Asia: China, Korea, Taiwan and Indonesia(2) Other regions: America and Europe
3. Overseas net sales are sales of our company and subsidiaries made in countries and regions other than Japan.
Second Quarter Ended April 30, 2012

(Thousands of Yen)
Asia

I. Overseas Net Sales
II. Consolidated Net Sales
III. Ratio of Overseas Net Sales to Consolidated Net Sales (%)

Other Regions

Total

3,243,574

1,457,690

4,701,264--

21,156,546

15.3

6.9

22.2

(Notes)1. Areas including countries or regions are determined based on their degree of geographical proximity.
2. Main countries or regions included in the areas:(1) Asia: China, Korea, Taiwan and Indonesia(2) Other regions: America and Europe
3. Overseas net sales are sales of our company and subsidiaries made in countries and regions other than Japan.

12