Summary of Consolidated Financial Results
for the Nine Months Ended December 31, 2011(based on Japan standard)(April 1, 2011 December 31, 2011, Japan Standard)
February 3, 2012
Company Name: Yushin Precision Equipment Co., Ltd.
Securities Code No.: 6482
URL http://www.yushin.com
Listing Exchanges: Tokyo, Osaka stock exchanges, first section
Representative:
Mayumi Kotani, President
Contact:
Satoshi Kimura, Executive Managing Director
Phone:(81)-75-933-9168
Scheduled date of filing of quarterly report: February 14, 2012
Starting date of dividend payment: -Note: This document has been translated from the Japanese original as a guide to non-Japanese investors andcontains forward-looking statements that are based on managements’ estimates, assumptions andprojections at the time of publication.
A number of factors could cause actual results to differ materially from expectations. Amounts shownin this financial statement have been rounded down to the nearest million yen or thousand of yen.

Figures shown are rounded down to the nearest million yen

1. Consolidated Business Results for the Nine Months Ended December 31, 2011
(April 1, 2011 – December 31, 2011)(1) Consolidated Results of Operations(Percentage figures represent changes over the same period of the previous year)
Net sales¥ millions%

Operating income

Ordinary income¥ millions¥ millions%%

Nine months ended December 31, 2011

10,730

21.7

966

38.6

941

41.5

Nine months ended December 31, 2010

8,818

(9.3)

697

9.3

665

(8.1)

(Note) Comprehensive income:Third quarter ended December 31, 2011-¥450 million (59.3%)
Third quarter ended December 31, 2010-¥283 million (- %)Net income

Net income pershare/dilutedYen

Net income per share¥ millions%

Yen

Nine months ended December 31, 2011

566

37.3

32.37

–

Nine months ended December 31, 2010

412

2.9

23.59

–

(2) Consolidated Financial Position
Total assets

Net assets

Equity ratio¥ millions¥ millions%

As of December 31, 2011

22,006

18,54384.1

As of March 31, 2011

21,583

18,495

85.5(Reference) Shareholders’ Equity: 18,497million yen as of December 31, 2011, 18,459 million yen as of March 31, 20111

2. Dividends
Dividends per share
Record date

1Q

2Q

Yen

Yen

3Q

4Q

Yen

Yen

Year ended March 31, 2011-

5.00

-

Year ending March 31, 2012

-

10.00

-

Year ending March 31, 2012

(Forecast)

TotalYen
13.00

18.00

10.00

20.00

(Note) Revisions since the most recently announced dividend forecast: None

3. Consolidated Forecast for the Year Ending March 31, 2012(April 1, 2011‐March 31, 2012)
Net sales¥ millions
14,600Operating income%16.2¥ millions
1,300%

Ordinary income¥ millions

18.4

1,280

Annual(Note) Revisions since the most recently announced results forecast: Yes%
21.3

Net income
per shareYenNet income¥ millions
750%
2.842.88

4. Others(1) Changes in the state of material subsidiaries during the period (Changes regarding specific companies
accompanying changes in the scope of consolidation): None
Newly added:
Excluded:(2) Adoption of the special accounting methods: Yes(Note) Please refer to “2. Matters regarding summary information (others)” on page 2 of the attacheddocuments for further information(3) Changes in accounting principles, accounting estimates and retrospective restatement for consolidated
financial statements.
①Changes resulting from amendment of the accounting standards: None
②Changes other than ①:None③Changes in accounting estimates:
None④Retrospective restatement:
None(4) Number of shares outstanding (Common stock)①Number of shares outstanding (including treasury stock)
3rd quarter ended December 31, 2011 17,819,033
Year ended March 31, 2011
17,819,033②Number of treasury stock
328,899
Year ended March 31, 2011
328,497
3rd quarter ended December 31, 2011
③Average number of shares outstanding
3rd quarter ended December 31, 2011 17,490,404
3rd quarter ended December 31, 2010 17,490,834* Information regarding the implementation of quarterly review procedures
The current quarterly financial statements are exempted from quarterly review procedures based on theFinancial Instruments and Exchange Act. At the time of disclosure, we have not completed the review process
for these consolidated statements.
* Cautionary statement with respect to forward-looking statements
The forecasts above are based on the information currently available. A number of factors could cause actual
results to differ materially from expectations.

2Contents of Attachments
1. Qualitative Information on Quarterly Consolidated Financial Performance
1 Qualitative Information on Quarterly Consolidated Financial Performance
2 Qualitative Information on Consolidated Financial Position
3 Qualitative Information on Prospects for Consolidated Financial Results
2. Matters regarding summary information (others)
1 Changes in Significant Subsidiaries
2 Adoption of Special Accounting Methods
3 Changes in Accounting Principles, Accounting Estimates and Retrospective Restatement
3. Consolidated Financial Statements
1 Consolidated Balance Sheets
2 Consolidated Statements of Income and Consolidated Statements of Comprehensive Income
Consolidated Statements of Income (third quarter)
Consolidated Statements of Comprehensive Income (third quarter)
3 Notes regarding assumption of continuing operations
4 Segment information
5 Notes in the event of significant changes in shareholders' equity
4. Supplementary Information
1 Order Receiving and Sales
2 Overseas Sales

12222222233556777888

Qualitative Information on Quarterly Consolidated Financial Performance(1) Qualitative Information on Quarterly Consolidated Financial Performance
During the nine months ended December 31, 2011, although U.S. economy was on recovery trend, global economy
had uncertainty due to concerns over the debt issues in Europe which led supply from emerging countries plateaued.
In Japan, economy was recovering by the restoration from the earthquake. However export-driven manufacturers
slowed down due to protracted strong yen and disrupted supply chains by the flooding in Thailand and the tradebalance worsened.
As for plastics molding industries related to Yushin, Southeast Asian market and automobile industry were favorable.
Under these circumstances, Yushin Group’s sales of take-out robots increased by 7.5% over the same period of theprevious year and sales of custom-ordered equipments, which we had received orders in the previous term, increasedby 128.0% over the same period of the previous year. As for the current sales orders, it is equivalent to the previousterm in take-out robots but it is firm in custom-ordered equipment. As a result, consolidated net sales increased by
21.7% over the same period of the previous year to ¥10,730 million. Operating income increased by 38.6% over thesame period of the previous year to ¥966 million, ordinary income increased by 41.5% to ¥941 million and net incomeincreased by 37.3% to ¥566 million.
(2) Qualitative Information on Consolidated Financial Position(Total assets)
Total assets increased by ¥422 million from the end of the previous fiscal year to ¥22,006 million.
This was due to the decrease of ¥2,078 million in cash and cash equivalents and the increase of ¥1,817 million, ¥544
million and ¥207 million in land, raw material and supplies and work-in-process.
(Total liabilities)
Total liabilities increased by ¥374 million from the end of the previous fiscal year to ¥3,462 million.
This was mainly due to the increase of ¥387 million in trade notes payable and accounts payable.
(Total net assets)
Total net assets increased by ¥48 million from the end of the previous fiscal year to ¥18,543 million.
This was due to the decrease of ¥101 million in foreign currency translation adjustments and the rise of ¥163 million inretained earnings.
(3) Qualitative Information on Prospects for Consolidated Financial Results
After taking the business results so far and the anticipated industry trend, we have revised our full-year guidance forthe fiscal year ending March 31, 2012, which was announced on May 11, 2011, downward both on a consolidated andnon-consolidated basis. For more detailed information, please refer “Revisions to Full-Year Earnings Forecasts”
announced today (February 3, 2012).

2. Matters regarding summary information (others)(1) Changes in Significant Subsidiaries
None.
(2) Adoption of Special Accounting Methods
Tax expenses for the nine month ended December 31, 2011 are calculated by multiplying income before income taxes
and the reasonably estimated annual effective tax rate for this fiscal year including this period.
(3) Changes in Accounting Principles, Accounting Estimates and Retrospective RestatementNone.

23. Consolidated Financial Statements(1) Consolidated Balance Sheets(¥ thousands; rounded down)
TermAccountPrevious year
(As of March 31, 2011)

Third quarter of 2011
(As of December 31, 2011)

ChangeAmountAmountAmount(ASSETS)I

Current assets

17,649,250

16,406,485(1,242,765)

Cash and time deposits

9,653,652

7,575,547(2,078,104)Trade notes and accounts
receivable

4,288,949

4,357,465

68,515

Securities

300,000

300,000

Merchandise and products

630,010707,02177,010Work-in-process

630,728

838,217

207,489

1,483,591

2,028,080

544,489

Deferred tax assets

339,504

338,565(939)

Others

340,574

278,239(62,334)

Allowance for doubtfulreceivables(17,760)(16,651)

1,108

Fixed assets

3,934,383

5,600,067

1,665,683

Property, plant and equipment

3,328,129

5,047,775

1,719,645

Buildings and structures

1,046,615

993,587(53,027)Land

2,044,977

3,862,856

1,817,878

Others236,536

191,331(45,205)

Intangible assets

91,45082,388(9,061)

Investments and other assets

514,803469,903(44,900)

Investment securities

250,994

208,401(42,592)

Deferred tax assets

19,52529,466

9,941

Others282,446

270,577(11,869)

Allowance for bad debt

(38,162)(38,541)(379)

21,583,634

22,006,552

422,918

Raw material and supplies

IITotal3(¥ thousands; rounded down)Term
Account

Previous year
(As of March 31, 2011)

Third quarter of 2011
(As of December 31, 2011)

ChangeAmountAmountAmount(LIABILITIES)I

Current liabilities

2,965,436

3,338,994

373,557

1,918,405

2,305,512

387,106

Accounts payables – other371,087

403,231

32,143

Income tax payable

154,462

180,025

25,563

Accrued employees’ bonuses

179,000

93,000(86,000)

Accrued bonuses to directors
and corporate auditors

13,68015,3001,620

Warranty reserve

104,517

116,351

11,833

Others224,282

225,574

1,291

II Long-term liabilities

122,393

123,715

1,321

Liabilities for retirement
benefits to directors andcorporate auditors

66,78066,780

Others55,61356,935

1,321

3,087,830

3,462,709

374,879

Shareholders’ equity18,911,854

19,075,175

163,320

Common stock

1,985,666

1,985,666

Capital surplus

2,023,903

2,023,903

Retained earnings

15,249,493

15,413,414

163,921

Treasury stock(347,208)(347,809)(600)

II Accumulated othercomprehensive income(451,949)(577,932)(125,983)

51,05626,329(24,726)(503,005)(604,261)(101,256)

35,89846,60010,701

Total net assets

18,495,803

18,543,843

48,039Total

21,583,634

22,006,552

422,918

Trade notes andaccounts payables

Total liabilities(NET ASSETS)
IValuation difference on
available for sale securities
Foreign currencytranslation adjustments
III Minority interests4(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income
Consolidated Statements of Income (third quarter)(¥ thousands; rounded down)Term
Account

Third quarter ended
December 31, 2010
(April 1, 2010 toDecember 31, 2010)

Third quarter ended
December 31, 2011
(April 1, 2011 to
December 31, 2011

ChangeAmountAmountAmountI

Net sales

8,818,724

10,730,692

1,911,967

II

Cost of sales

5,336,699

6,728,472

1,391,773

3,482,025

4,002,220

520,194

2,784,127

3,035,239

251,112

Operating income

697,898

966,980

269,082

IV Non-operating income

64,111

49,926(14,185)

Interest income

33,673

21,260(12,413)

Dividend income

3,958

4,798

840

Purchase discount

6,116

7,844

1,728

Gross profit
III Selling, general andadministrative expenses

20,364

16,022(4,341)Non-operating expenses

Others96,39375,105(21,287)

Foreign exchange loss

94,251

70,467(23,783)

Others

2,142

4,638

2,496

Ordinary income

665,616

941,801

276,184

VI Extraordinary income

748

1,608

860

992

992

748

615

(132)

287

915

627

287

327

39

588

588

666,076

942,493

276,417

243,414361,389

117,975

Income before minority interests

422,662

581,103

158,441

Minority interests in net
income10,132

14,901

4,768

Net income

412,529566,202

153,673

V

Gain on sales of fixed assets
Gain on sales of investment
securities
VII Extraordinary losses
Loss on disposals and sales ofproperty
Loss on revaluation ofinvestments in securities
Income before income taxes andminority interests
Income taxes

5Consolidated Statements of Comprehensive Income (third quarter)(¥ thousands; rounded down)

Income before minority interests
Other comprehensive income
Valuation difference on availablefor-sale securities
Foreign currency translation
adjustment
Other comprehensive income Total
Comprehensive income
Comprehensive income attributableto:Shareholders of the Parent Company
Minority interest

Third quarter ended
December 31, 2010

Third quarter ended
December 31, 2011

April 1, 2010 to
December 30, 2010)

April 1, 2011 to
December 31, 2011)

Change422,662

581,103

158,441(16,894)(24,726)(7,832)(122,639)(105,456)

17,183(139,534)(130,183)

9,350

283,127450,920

167,792

273,270
9,856

440,219
10,701

166,948844

6

(3) Notes regarding assumption of continuing operations: None
(4) Segment information
ⅠThird quarter of the previous fiscal year

(April 1 to December 31, 2010)(¥ thousands; rounded down)

1. Information related to sales and profit or loss for each reportable segment
Reportable segment
Total

Adjustment*1

Amounts shown onquarterly consolidated
statements of income*2JapanNorth
AmericaAsia(1) Sales to customers

6,162,910

1,210,738

1,292,496

152,578

8,818,724(2) Inter-segment sales

2,198,978

3,559

180,4109,125

2,392,074(2,392,074)

Total

8,361,889

1,214,298

1,472,907

161,704

11,210,799(2,392,074)

8,818,724

476,819

107,211

178,675(3,504)759,202(61,304)

697,898

EuropeSales

Segment profit (loss)

8,818,724

Notes:*1 The ¥(61,304) thousand adjustment to segment profit or loss includes eliminations for inter-segment
transactions of ¥13,567 thousand and inventory adjustments of ¥(74,871) thousand.
*2 Segment profit or loss is adjusted to be consistent with operating income shown on the quarterly consolidated
statements of income.

ⅡThird quarter of the current fiscal year

(April 1 to December 31, 2011)(Units: ¥ thousands; rounded down)

1. Information related to sales and profit or loss for each reportable segment
Reportable segment
JapanNorth
America

TotalAsia

EuropeAdjustment*1

Amounts shown onquarterly consolidated
statements of income
*2

Sales
(1) Sales to customers

7,230,870

1,375,963

1,978,315

145,544

10,730,692(2) Inter-segment sales

2,466,265

10,402

138,847

10,9212,626,437(2,626,437)

Total

9,697,135

1,386,365

2,117,163

156,465

13,357,129(2,626,437)

10,730,692

656,647

152,922167,929(3,519)973,979(6,998)966,980

Segment profit (loss)

10,730,692

Notes:*1 The ¥(6,998) thousand adjustment to segment profit or loss includes eliminations for inter-segment
transactions of ¥6,484 thousand and inventory adjustments of ¥(13,483) thousand.
*2 Segment profit or loss is adjusted to be consistent with operating income shown on the quarterly consolidated
statements of income.

(5) Notes in the event of significant changes in shareholders’ equity: None7

4. Supplementary Information(1) Order receiving and Sales
a. Order1) Order received(¥ thousands; rounded down)
Products

Nine months ended

Nine months ended

Changes

December 31, 2010

December 31, 2011

Ratio (%)

Take-out robots

7,108,808

6,931,127

97.5

Custom-ordered equipments

1,159,090

1,848,774

159.5

Parts and maintenance services

1,379,521

1,547,539

112.2

9,647,420

10,327,441

107.0

Total

2) Backlog of orders(¥ thousands; rounded down)
Products

Nine months ended

Nine months ended

ChangesDecember 31, 2010

December 31, 2011

Ratio (%)

Take-out robots

1,731,090

1,640,340

94.8

Custom-ordered equipments

486,536

624,543

128.4

Parts and maintenance services

136,372

147,144107.9

2,353,999

2,412,028

102.5

Total

b. Net sales(¥ thousands; rounded down)
Products

Nine months ended

Nine months ended

Changes

December 31, 2010

December 31, 2011

Ratio (%)

Take-out robots

6,340,176

6,813,818

107.5

Custom-ordered equipments

1,013,582

2,310,491

228.0

Parts and maintenance services

1,464,966

1,606,382

109.7

8,818,724

10,730,692

121.7

Total(2) Overseas sales(¥ thousands; rounded down)Nine months ended December 31, 2010 (April 1, 2010 to December 31, 2010)
North America
I

Overseas sales

IIConsolidated sales

III

Ratio of overseas sales on
consolidated sales (%)

Asia

EuropeOther areas

1,273,205

3,406,678

427,467

124,800

5,232,152––––

8,818,724

14.4

38.6

4.9

1.4

59.3

Nine months ended December 31, 2011 (April 1, 2011 to December 31, 2011)
North America
I

Overseas sales

IIConsolidated sales

III

Ratio of overseas sales on
consolidated sales (%)

Total

1,965,686

AsiaEurope

4,127,658(¥ thousands; rounded down)
Other areas

699,100

Total

117,332

6,909,778
10,730,692

18.3

38.5

8

6.5

1.1

64.4