Financial Results for the Third Quarter Ended July 31, 2013
[Japan GAAP] (Consolidated)
Date:

September 5, 2013

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:

Mitsuo Matsumoto, Director, Accounting and Management Planning Tel: (03) 5435-6512

Date to report Consolidated Quarterly Financial Statement: September 12, 2013
Date for Dividend Payment:

Not applicable to financial quarters.

Preparation of Supplementary Explanatory Materials for Quarterly Operating Results: No
Briefing Session for Quarterly Operating Results: No* Any fractional sums less than one million (or one thousand) yen are disregarded.
1. Consolidated Financial Data for the Third Quarter Ended July 31, 2013
(1) Results of Operation (Consolidated)

Quarter Ended July 31, 2013
Quarter Ended July 31, 2012

(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
27,918
-9.0
900
-44.3
1,015
-41.6
30,670
-5.2
1,616
-24.6
1,737
-23.4
Net Income

Quarter Ended July 31, 2013
Quarter Ended July 31, 2012

Millions of
Yen
585
1,113

Percent
-47.4
-16.1

Net Income per Share

Fully Diluted Quarterly
Net Income per Share

Yen
58.72
111.58

Yen-(Note) Comprehensive income
Third Quarter ended July 31, 2013: 1,169 million yen (4.0%) Third Quarter ended July 31, 2012: 1,124 million yen (-17.1%)(2) Financial Condition (Consolidated)

Quarter Ended July 31, 2013
Year Ended October 31, 2012

Total Assets (A)(Millions of Yen)
32,88233,822

Net Assets (B)(Millions of Yen)
23,30522,534

Net Assets Ratio(B) / (A) (Percent)
70.1
66.0

(Reference) Net assets
Third Quarter ended July 31, 2013: 23,052 million yen

Year Ended October 31, 2012: 22,308 million yen

2. Dividend Status(Record Date)
Year Ended October 31, 2012
Year Ending October 31, 2013
Year Ending October 31, 2013 (Prospect)First
Quarter-Interim
Term
0.00
0.00

Annual Dividend (Yen)Third
End ofQuarter
Fiscal Year
40.00
45.00

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

Annual40.00
45.00

3. Forecast for Earnings for the Year Ending October 31, 2013 (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 Year38,800
-6.7
1,650
-32.6
1,700
-34.8
Net Income
Net Income per Share(Millions of Yen) (Percent)
Yen
Full Business Year
1,010
-37.5
101.22(Note) Revisions since the most recently released dividend projection: None
* 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: Existing2) Other changes than the above 1): Existing3) Change in accounting estimates: Existing4) Retrospective restatements: None
For details, please refer to (3) [Changes in accounting principles, changes in accounting estimates andretrospective restatements] of 2. [Matters Concerning Summary Information (Other)] on page 4.
(4) Number of outstanding shares (Ordinary shares)
1) Number of outstanding shares as of quarter-end and year-end (including treasury stocks)
At July 31, 2013: 10,533,200 shares

At October 31, 2012: 10,533,200 shares

2) Number of treasury stocks as of quarter-end and year-end
At July 31, 2013: 554,592 shares

At October 31, 2012: 554,547 shares

3) Number of average shares (accumulated quarterly total)
At July 31, 2013: 9,978,614 shares

At July 31, 2012: 9,978,673 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 3, (3)[Qualitative Information on Consolidated Earnings Forecast] of 1. [Qualitative Information on Quarterly Consolidated
Operating Results] 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....................................................................... 3
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
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]
Japan’s economy showed signs of improvement in corporate operating results and personal consumption during
the third quarter consolidated year-to-date period, and spurred by various factors including the government’s
economic and monetary policy, the business climate continued to recover gradually. Overseas, conditions remained
opaque, even as the business environment in the U.S. maintained its upward trend, as the economy in Europe
continued to drift and economic growth in newly developing countries including China lost momentum.
Given these circumstances, in the Machinery & Equipment Business net sales of equipment and works for thedomestic public sector, as well as sales of components and repairs, remained steady, but overseas equipment sales
declined. Results in the Chemical Products Business were similar. Net sales in the domestic fine chemicals sector
remain robust, but in addition to softer sales in the plastics, advanced materials and electronics materials sectors, net
sales of commodity plastics in Hong Kong contracted as well. From an earnings perspective, the principal cause forlower profits was the decline in sales in both businesses, yet factors such as the reaction caused by the smaller
adjustment for corporate and other taxes in conjunction with the reduction of the effective tax rate in the same periodof the prior year also are assumed to have played a role in pushing earnings lower.
As a result of the above, net sales for the Tomoe Engineering Group for the consolidated third quarter slipped 9.0% fromthe same period last year to 27,918 million yen. Operating income was 900 million yen, 44.3% down from the same periodof the prior year, ordinary income was 1,015 million yen, 41.6% down from the same period of the prior year, and net
income was 585 million yen, 47.4% down from the same period one year earlier.
[Operating results by segment](Machinery & Equipment Business)
In the Machinery & Equipment Business, sales of equipment and works for the domestic public sector, as well as sales ofcomponents and repairs, remained steady, but in North America, where there was a change in the order environment that
included the entry of competitors, sales of centrifuge equipment for oil well drilling were lower. Orders of abrasive grain slurry
recycling equipment for China were slack, while sales of components and repairs for other countries overseas contracted aswell. As a result of these factors, consolidated net sales for the third period were 6,742 million yen, 20.0% down from thesame period last year. From an earnings perspective, operating income for this business was 274 million yen, 59.7% downfrom the same period of the previous fiscal year against the backdrop of the lower net sales for the business as a whole.
(Chemical Products Business)
In the Chemical Products Business, sales of UV curing resin in the fine chemicals sector remained steady. On
the other hand, sales in the plastics sector of commodity plastics mainly for imported wood, sales in the advanced
materials sector of various ceramic and metallic materials for use in semiconductor manufacturing, sales in theelectronics materials sector of tools for use in semiconductor manufacturing and sales in the industrial materials
sector of products such as additives for iron and steel all were slack, while in Hong Kong sales of commodity plastics
decreased and sales of molding machines were off as a reaction from the same period one year earlier. All ofthese pushed sales lower. As a result of these factors, consolidated net sales for the third quarter year-to-date
period were 21,175 million yen, 4.8% down from the same period last year.
From an earnings aspect, the decline in sales of commercial products with comparatively high margins in theadvanced materials sector and industrial materials sector, together with factors such as higher procurement costs forimported materials because of the exchange rate and slack sales for the resin plastic compounding business inShenzhen, China, put pressure on gross profits for the business as a whole, and operating income was 626 million
yen, 33.1% down from the same period one year ago.
2(2) Qualitative Information on Consolidated Financial Position:[Assets, Liabilities, and Net Assets]
Total assets as of the end of the consolidated third quarter under review were 32,882 million yen, down 2.8% or
939 million yen from the end of the previous consolidated fiscal year, reflecting lower cash and deposits and notes
and accounts receivable-trade. Liabilities were 9,576 million yen, down 15.2% or 1,710 million yen from the end of theprevious consolidated fiscal year, mainly because of lower payables. Net assets were 23,305 million yen, 770 million
yen or 3.4% up from the end of the previous consolidated fiscal year. This mainly reflected an increase in thetranslation adjustments account, which was affected by the depreciation of the yen. As a result of the abovechanges, the equity ratio at the end of the consolidated third quarter under review rose by 4.1 points compared withthe end of the previous consolidated fiscal year to 70.1%.
[Cash Flow Status]
Cash and cash equivalents as of the consolidated third quarter under review were decreased by 4,515 million yen to2,947 million yen from the end of the previous consolidated fiscal year. The status of each consolidated cash flow andtheir factors during the consolidated third quarter under review are as follows:(Net Cash Provided by (Used in) Operating Activities)
Net cash used by operating activities was 472 million yen. Income before income taxes and minority interests was
1,029 million yen, and notes and accounts receivable-trade fell by 1,956 million yen, while notes and accounts
payable-trade decreased by 1,969 million yen, and income taxes paid were 1,107 million yen.
(Net Cash Provided by (Used in) Investing Activities)
Net cash used in investing activities was 4,042 million yen. This mainly reflected disbursements to time deposits of
3,700 million yen.
(Net Cash Provided by (Used in) Financing Activities)
Cash flow used in financing activities was 356 million yen, mainly for the payment of cash dividends of 399 million yen.
(3) Qualitative Information on Consolidated Earnings Forecast:
There are no revisions to the full-year consolidated earnings forecast that was announced in the "Notice Concerning
Revision of Projected Operating Results” released on May 29, 2013.

3

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:(Change in Accounting Policy)
Traditionally, the company and its consolidated subsidiaries measured the value of raw materials mainly using thevaluation at cost method, costs being based on the first-in-first-out method (for amounts reported on the balance sheet,write-downs of book values based on the decline in profitability). Beginning from the first quarter consolidated
accounting period under review, the Company has changed to the moving average method (for amounts reported on
the balance sheet, write-downs of book values based on the decline in profitability). The Company adopted this change
in conjunction with the restructuring of its systems for the purpose of smoothing the effects of changes in raw materials
prices in the market, and reporting more appropriate evaluations of raw materials and periodic accounting of profit and loss.
The effect of this change is not material, and the Company will not apply the change retrospectively.
(Changes in accounting policies that are difficult to distinguish from changes in accounting estimates)
In conjunction with the amendment of the Corporation Tax Law, beginning from the first quarter consolidated
accounting period under review, for tangible fixed assets acquired on or after November 1, 2012 the Company and its
domestic consolidated subsidiaries will change to a depreciation method based on the amended Corporation Tax Law.
The effect of this change on third quarter consolidated income is not material.

43. Consolidated Financial Statement(1) Consolidated Quarterly Balance Sheets (Third Quarter)(Thousands of Yen)
End of Previous YearEnd of Third Quarter(October. 31, 2012)(July 31, 2013)

AssetsCurrent Assets

Cash and Deposits

7,463,174

6,647,808

Notes and Accounts Receivable-Trade

13,303,606

12,011,742

Merchandise and Finished Goods

3,392,880

3,450,276

Work in Process

866,726

810,108

Raw Materials and Supplies

943,399

1,195,495

Deferred Tax Assets

567,855

280,416

Others

243,152

566,570-11,236
26,769,560‐6,703
24,955,715

2,350,890

2,457,454

Accumulated Depreciation-1,421,955-1,480,765

Buildings and Structures, Net

928,934

976,689

Machinery, Equipment and Vehicles

3,578,358

4,055,927-2,801,629‐3,119,402

776,729

936,525Land

922,024

922,024

Lease Assets

40,902

13,220-34,864‐12,230

6,038

990

Construction in progress

2,622,040

2,553,303

Others1,025,652

1,041,759-949,624‐960,811

76,02780,9485,331,794

5,470,481

225,021446,024

Investment Securities

606,190

1,068,702

Guarantee Deposits

384,158

253,938

Deferred Tax Assets

29,57824,896

Others522,582

708,931

Allowance for Doubtful Accounts-46,779‐46,244

Total Investments and Other Assets

1,495,730

2,010,225

Total Noncurrent Assets

7,052,546

7,926,731

Total Assets

33,822,106

32,882,446

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

Accumulated Depreciation
Machinery, Equipment and Vehicles, Net

Accumulated Depreciation
Lease Assets, Net

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

(Thousands of Yen)
End of Previous YearEnd of Third Quarter(October. 31, 2012)(July 31, 2013)

Liabilities and Net Assets
Liabilities
Current Liabilities

6,956,704

5,776,530

630,376

859,727

7,216

1,807

Accounts Payable-Others

527,111784,184

Income Taxes Payable

590,898

9,323

Advances Received

73,78976,915

Provision for Bonuses

1,074,756

476,794

Provision for Directors' Bonuses

70,431

30,573

Allowance for Product Warranty

194,363

233,157

Others234,504

263,195

10,360,153

8,512,210

41,75046,379775－

Provision for Retirement Benefits

38,94243,098Provision for Directors' Retirement Benefits

29,60018,680

Deferred Tax Liabilities

815,962

956,482

Total Noncurrent Liabilities

927,0311,064,640

Total Liabilities

11,287,185

9,576,851

Capital Stock

1,061,210

1,061,210

Capital Surplus

1,483,410

1,483,410

Retained Earnings

20,396,505

20,583,331-363,393-363,462

22,577,731

22,764,489

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

23,172

175,581525-192

Foreign Currency Translation Adjustment-293,239

112,894

Total Valuation and Translation Adjustments-269,541

288,283

226,731

252,823

Total Net Assets

22,534,921

23,305,595

Total Liabilities and Net Assets

33,822,106

32,882,446

Notes and Accounts Payable-Trade
Short-Term Loans Payable
Lease Obligations

Total Current Liabilities
Noncurrent Liabilities
Long-Term Loans Payable

Lease Obligations

Net Assets
Shareholders’ Equity

Treasury Stock
Total Shareholders’ Equity

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

Third Quarter Ended

July 31, 2012

July 31, 2013

Net Sales

30,670,538

27,918,515

Cost of Sales

24,381,797

22,461,999

6,288,740

5,456,515

4,672,112

4,556,017

1,616,628

900,498

Interest Income

11,196

14,037

Dividends Income

15,153

15,310Rent Income

8,893

7,174

Foreign Exchange Gains

66,20872,896

Others45,59835,080147,050

144,498

7,161

10,19752

50

Commission Paid

8,752

8,743

Sales Discount

3,644

5,388

Others

6,895

5,496

26,506
1,737,172

29,877
1,015,119

Gain on Sales of Noncurrent Assets

10,960－Gain on Sales of Investment Securities

6,141

19,218Gain on Change in Equity Interest

6,780

－

23,881

19,218

5,054

5,232

Loss on Valuation of Investment Securities

680－

Total Extraordinary Losses

5,735

5,232

1,755,318

1,029,105

Income Taxes-Current

563,713140,808

Income Taxes-Deferred

111,912361,026

675,626

501,834

1,079,692

527,270-33,742-58,701

1,113,435

585,972

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

Total Non-Operating Expenses
Ordinary Income
Extraordinary Income

Total Extraordinary Income
Extraordinary Losses
Loss on Retirement of Noncurrent Assets

Income before Income Taxes and Minority Interests

Total Income Taxes
Income before Minority Interests
Minority Interests in Income or Loss (-)
Net Income (Loss)7

Consolidated Quarterly Statements of Comprehensive Income (Third Quarter)(Thousands of Yen)
Third Quarter Ended

Third Quarter Ended

July 31, 2012

July 31, 2013

1,079,692

527,270

Valuation Difference on Available-for-sale Securities-27,440

152,408

Deferred Gains or Losses on Hedges-1,773-718

Foreign Currency Translation Adjustment

73,942490,927

Total Other Comprehensive Income

44,728642,618

Comprehensive Income

1,124,421

1,169,889

1,148,640

1,143,796-24,219

26,092

Income before Minority Interests
Other Comprehensive Income(Breakdown)Comprehensive Income attributable to Owners of
the Parent
Comprehensive 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

Third Quarter Ended

Third Quarter Ended

July 31, 2012

July 31, 2013

1,755,318
277,997-402,638-7,350-62,287-35-2,160-41,222680-26,349
7,161-399-6,141-6,7801,029,105
265,447-605,293-39,857
38,794
3,143-10,920-5,068－-29,348
10,197-61,065-19,218－

Losses (Gains) on Sales of Noncurrent Assets-10,960－

Loss (Gain) on Retirement of Noncurrent Assets

5,054
43,626-334,505
426,213-65,31143,551-37,378
125,303
1,681,387

5,232
1,956,601
196,733-1,969,647-71,352-1,47490,305-165,329
616,987

26,973-6,713-1,088,065

29,069-10,843-1,107,728

613,582-472,515

Depreciation and Amortization
Increase (Decrease) in Provision for Bonuses
Increase (Decrease) in Provision for Directors' Bonuses
Increase (Decrease) in Allowance for Product Warranty
Increase (Decrease) in Provision for Retirement Benefits
Increase (Decrease) in Provision for Directors' Retirement Benefits
Increase (Decrease) in Allowance for Doubtful Accounts
Loss (Gain) on Valuation of Investment Securities
Interest and Dividends Income
Interest Expenses
Foreign Exchange Losses (Gains)
Loss (Gain) on Sales of Investment Securities
Loss (Gain) on Change in Equity Interest

Decrease (Increase) in Notes and Accounts Receivable-Trade
Decrease (Increase) in Inventories
Increase (Decrease) in Notes and Accounts Payable-Trade
Increase (Decrease) in Accounts Payable-Others
Increase (Decrease) in Advances Received
Increase (Decrease) in Accrued Consumption Taxes
Others, Net
Sub totalInterests and Dividends Income Received
Interest Expenses Paid
Income Taxes Paid (-) or Returned
Net Cash Provided by (Used in) Operating Activities

9(Thousands of Yen)
Third Quarter Ended

Third Quarter Ended

July 31, 2012

July 31, 2013

Net Cash Provided by (Used in) Investing Activities
Deposit of Time Deposits-6,700,000-7,400,000

Proceeds from Withdrawal of Time Deposits

3,100,000

3,700,000

Purchase of Property, Plant and Equipment-274,255-209,759

Proceeds from Sales of Property, Plant and Equipment

14,055

2,710

Purchase of Intangible Assets-88,108-39,143

Purchase of Investment Securities-14,002-244,495

Proceeds from Sales of Investment Securities

25,603

Payments of Loans Receivable

12,932-4,040

Collection of Loans Receivable

2,336

2,583

Guarantee Deposits (Increase)

3,628

126,948

Others, Net-468-3,703-3,947,921-4,042,495

Net Increase (Decrease) in Short-Term Loans Payable

156,481

55,314

Funds Provided by Long-Term Loans

51,518－

Repayments of Long-Term Loans－-6,635

Repayments of Lease Obligations-11,981-6,185-73-68

38,893－-399,147-399,146-164,308-356,721

30,497356,367

Net Increase (Decrease) in Cash and Cash Equivalents-3,468,150-4,515,365

Cash and Cash Equivalents at Beginning of Period

7,296,554

7,463,174

Cash and Cash Equivalents at End of Period

3,828,404

2,947,808

Net Cash Provided by (Used in) Investment Activities-3,240Net Cash Provided by (Used in) Financing Activities

Purchase of Treasury StockFunds Provided by Payment from Minority Shareholders
Cash Dividends Paid
Net Cash Provided by (Used in) Financing Activities
Effect of Exchange Rate Change on Cash and Cash
Equivalents10(4) Note on Going Concern Assumption
None.
(5) Segment Information, etc.
【Segment Information 】
Third Quarter Ended July 31, 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

8,431,445

22,239,092

30,670,538

30,670,538

-

-

-

-

8,431,445

22,239,092

30,670,538

30,670,538

Internal Net Sales among
Segments or AmountTransferred
Total

Segment Profit
680,548
936,080
1,616,628
1,616,628(Note) The total amount of segment profit is identical to the operating income reported on the Quarter Statements ofConsolidated Income.

Third Quarter Ended July 31, 2013
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

6,742,588

21,175,926

27,918,515

27,918,515

-

-

-

-

6,742,588

21,175,926

27,918,515

27,918,515

Internal Net Sales among
Segments or AmountTransferred
Total

Segment Profit
274,131626,367
900,498
900,498(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)
Third Quarter Ended July 31, 2012

(Thousands of Yen)
Asia

I. Overseas Net Sales

Total

4,523,508

1,994,988

6,518,497--

30,670,538

14.7

6.5

21.3

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.
Third Quarter Ended July 31, 2013

(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

3,717,025

604,131

4,321,157--

27,918,515

13.3

2.2

15.5

(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