<Translation>

February 5, 2014

Consolidated Financial Results
for the Nine Months Ended December 31, 2013
<under Japanese GAAP>
Company Name:
Listing:
Securities code:
URL:
Representative:
Inquiries:

Yushin Precision Equipment Co., Ltd.
First Section of the Tokyo Stock Exchange6482
http://www.yushin.com
Mayumi Kotani, President and Representative Director
Satoshi Kimura, Executive Managing Director
Tel: +81-75-933-9168 (from overseas)
Scheduled date to submit quarterly report:
February 14, 2014
Scheduled date to commence dividend payments:
Preparation of supplementary materials on financial results: None
Holding of financial results briefing:
None(Amounts less than one million yen are omitted, unless otherwise noted)

1. Consolidated Business Results for the Nine Months Ended December 31, 2013
(From April 1, 2013 to December 31, 2013)(1) Consolidated operating results (Cumulative)(Percentages indicate year-on-year changes)
Operating income
Ordinary income
Net income

Net sales
Nine months ended

Millions of yen% Millions of yen% Millions of yen% Millions of yen%

December 31, 201312,821

20.5

1,894

101.6

2,090

105.9

1,332

116.2

December 31, 2012

10,642

(0.8)

939

(2.8)

1,015

7.8

616

8.8

Note: Comprehensive income
Nine months ended December 31, 2013: 1,712 million yen [146.8%]
Nine months ended December 31, 2012: 693 million yen [953.9%]

Net income per share
Nine months ended

Diluted net income
per share

Yen

Yen

December 31, 2013

76.18

December 31, 2012

35.24

-

(2) Consolidated financial position
Total assets

Net assets

Equity ratio

Millions of yen

Millions of yen%

As of December 31, 2013

25,00021,051

83.7

As of March 31, 2013

23,744

19,865

83.4

Reference: Equity capital (Net assets less minority interests)
As of December 31, 2013:
20,912 million yen
As of March 31, 2013:
19,791 million yen

Yushin Precision Equipment Co., Ltd. (6482)

2. Cash Dividends
Annual dividends per share
1Q
Year ended March 31, 2013
Year ending March 31, 2014

2Q

3Q

Total

4Q

Yen

Yen

Yen

Yen

Yen

-

10.00
10.00

-

20.00

30.00

10.00

20.00

Year ending March 31, 2014
(Forecast)

Note: Revisions to projected dividends most recently announced: None
The dividend of 20.00 yen per share for the fourth quarter–end of the fiscal year ended March 31, 2013-

Ordinary dividend of 10.00 yen per share-

40th anniversary commemorative dividend of 10.00 yen per share

3. Consolidated Earnings Forecasts for the Year Ending March 31, 2014
(From April 1, 2013 to March 31, 2014)
OperatingincomeNet sales
Millions ofyenYear ending March 31,
2014(Percentages indicate year-on-year changes)
Net
Ordinary income
Net income
incomeper share%

17,200 16.8

Millions ofyen%Millions ofyen

2,240 49.5%

2,580 47.7

Millions of
yen

%

Yen

1,500 34.6

85.77

Note: Revisions to projected results most recently announced: None

* Notes(1) Changes in significant subsidiaries during the period (Changes in specified subsidiaries accompanying
changes in scope of consolidation): None
Newly added: Excluded: (2) Adoption of the special accounting methods: Yes
Note: Please refer to “2. Other Information (Notes), (2) Adoption of special accounting methods for
preparation of quarterly financial statements” on page 2 of [Attached Material] for further information.
(3) Changes in accounting policies, changes in accounting estimates, and restatement
1) Changes in accounting policies due to revisions to accounting standards and other regulations: None
2) Changes in accounting policies due to other reasons:None3) Changes in accounting estimates:
None4) Restatement:
None(4) Number of issued shares (Common stock)1) Number of issued shares at the end of the period (including shares of treasury stock)
As of December 31, 2013
17,819,033 shares
As of March 31, 2013
17,819,033 shares
2) Number of shares of treasury stock at the end of the period
As of December 31, 2013
330,079 shares
As of March 31, 2013
329,376 shares
3) Average number of outstanding shares during the period
Nine months ended December 31, 2013
17,489,382 shares
Nine months ended December 31, 2012
17,489,915 shares* Information regarding the implementation of quarterly review proceduresThis quarterly financial information included in this summary is out of scope of quarterly review
procedure under the Financial Instruments and Exchange Act. Quarterly review procedure under the
Financial Instruments and Exchange Act has not been completed at the date of submission of this summary.

Yushin Precision Equipment Co., Ltd. (6482)* Cautionary statement with respect to forward-looking statements and other special remarks
The forecasts above are based on the information currently available. A number of factors could cause
actual results to differ materially from expectations. For more information about these assumptions andnotes regarding the use of earnings forecasts, please refer to “1. Qualitative Information on Quarterly
Consolidated Financial Performance, (3) Explanation on the forecast information including consolidated
earnings forecast and others” on page 2 of [Attached Material].

* Disclaimer
This English version is not an official translation of the original Japanese document. In cases where any
differences occur between the English version and the original Japanese version, the Japanese version shallprevail. Yushin Precision Equipment Co., Ltd. shall accept no responsibility or liability for damages orloss caused by any error, inaccuracy, misunderstanding or misspelling with regard to this translation. Thistranslation may be used only for reference purposes. Yushin Precision Equipment Co., Ltd. maintains theright to claim compensation from violators for any damage or loss it may suffer from the violation of these
conditions.

Yushin Precision Equipment Co., Ltd. (6482)[Attached Material]
INDEX
1. Qualitative Information on Quarterly Consolidated Financial Performance ······································ 2(1) Explanation on the business results ················································································· 2(2) Explanation on the financial condition·············································································· 2(3) Explanation on the forecast information including consolidated earnings forecast and others ············· 2
2. Other Information (Notes) ······························································································· 2(1) Changes in significant consolidated subsidiaries ·································································· 2(2) Adoption of special accounting methods for preparation of quarterly financial statements ················· 2(3) Changes in accounting principles, accounting estimates and retrospective restatement ····················· 2
3. Consolidated Financial Statements ····················································································· 3(1) Consolidated balance sheets ·························································································· 3(2) Consolidated statements of income and consolidated statements of comprehensive income ··············· 5Consolidated statements of income ················································································· 5Consolidated statements of comprehensive income ······························································ 6(3) Notes related to consolidated financial statements ································································ 7< Notes related to going concern assumption > ····································································· 7< Notes in the event of significant changes in shareholders’ equity > ··········································· 7< Segment information > ······························································································· 7
4. Supplemental Information ······························································································· 8(1) Orders, backlog and sales ····························································································· 8(2) Overseas sales ·········································································································· 8

1Yushin Precision Equipment Co., Ltd. (6482)

1. Qualitative Information on Quarterly Consolidated Financial Performance(1) Explanation on the business results
In the nine month ended December 2013, the economic recovery of the United States was significant andthe economy of Asian countries had also picked up accompanying with the recovery. However, theEuropean economy was still struggling caused by the debt crisis and in some countries there were someunstable political situations. Thus, the world economy also had some concern. Regarding the industries
relating to Yushin Group, the demand on automotive industry was strong, and the demands on industries ofIT devices and consumer goods also increased. And there were some improvements of the investment for
the equipment in Japan following strong overseas markets. The Japanese economy seemed to have enteredinto a recovery phase.
In these circumstance, Yushin Group increased unit sales of main products, take-out robots which weredeveloped based on the concepts of an energy saving, vibration suppression and a high-speed motion, andwhich have been recognized its performance in many countries all over the world. Especially, sales in the
United States, China and South Korea were maintained a good condition and orders from new customers
significantly increased. And Yushin Group has received results of cost reduction activities as like local
purchases and making up production systems. As the results, consolidated net sales increased by 20.5%
year-on-year to 12,821 million yen. And operating income increased by 101.6% year-on-year to 1,894
million yen, ordinary income increased by 105.9% year-on-year to 2,090 million yen and net income forthe period increased by 116.2% year-on-year to 1,332 million yen.
(2) Explanation on the financial condition<Assets>
Total assets increased by 1,255 million yen from the end of the previous fiscal year to 25,000 million yen.
This was due to decrease of Cash and deposits by 781 million yen and increase of Land by 1,674 million
yen.
<Liabilities>
Total liabilities increased by 69 million yen from the end of the previous fiscal year to 3,948 million yen.
<Net assets>
Net assets increased by 1,186 million yen from the end of the previous fiscal year to 21,051 million yen.
This was mainly due to the increase of Retained earnings by 807 million yen.
(3) Explanation on the forecast information including consolidated earnings forecast and others
No revision for full year has been made to consolidated earnings forecasts for the fiscal year ending March
31, 2014 released on November 5, 2013.

2. Other Information (Notes)(1) Changes in significant consolidated subsidiaries
None(2) Adoption of special accounting methods for preparation of quarterly financial statements
The effective tax rate on income before income tax for the consolidated fiscal year after the application oftax effect accounting is reasonably estimated, and this estimated rate is applied to net income for thequarterly period under review.
Income taxes–deferred are included in income taxes in the consolidated statements of income.
(3) Changes in accounting principles, accounting estimates and retrospective restatement
None

2Yushin Precision Equipment Co., Ltd. (6482)

3. Consolidated Financial Statements(1) Consolidated balance sheets
As of March 31, 2013
Amount%(Thousands of yen)
As of December 31, 2013
ChangeAmount%Amount<ASSETS>
Current assets
Cash and deposits

7,345,829

6,564,814(781,014)

Notes and accounts receivable - trade

4,601,853

4,860,889

259,035

Short-term investment securities

300,000-(300,000)

Merchandise and finished goods

1,077,587

1,287,796

210,208

Work in process

1,142,033

1,189,247

47,214

Raw materials and supplies

1,808,738

2,071,436

262,697

Deferred tax assets

392,745

423,108

30,363

Other

370,154271,749(98,405)

Allowance for doubtful accounts(16,073)(17,435)(1,361)

Total current assets

17,022,868

71.7

16,651,606

66.6(371,261)

Noncurrent assets
Property, plant and equipment
Buildings and structures

1,954,861

1,811,011(143,849)

Land

3,953,407

5,628,080

1,674,673

Other

228,151

263,744

35,593

Total property, plant and equipment
Intangible assets

6,136,420

25.9

7,702,837

30.8

1,566,416

100,0070.4

132,5620.5

32,554

Investments and other assets
Investment securities

246,287

274,257

27,970

Deferred tax assets

6,144

6,937

792

233,423

232,833(590)

Allowance for doubtful accounts

(686)

(932)

(245)

Total investments and other assets

485,1692.0

513,096

2.1

27,927

Total noncurrent assets

6,721,597

28.3

8,348,496

33.4

1,626,898

Total assets

23,744,465

100.0

25,000,102

100.0

1,255,636

Other

3

Yushin Precision Equipment Co., Ltd. (6482)

As of March 31, 2013
Amount%(Thousands of yen)
As of December 31, 2013
ChangeAmount%Amount<LIABILITIES>Current liabilities
Notes and accounts payable - trade

1,719,798

2,029,918

310,120

Accounts payable - other

907,062

521,730(385,331)

Income taxes payable

280,914273,265(7,648)Advances received

264,646

356,838

92,191

Provision for bonuses

192,000

104,000(88,000)

Provision for directors’ bonuses

19,72020,500780

Provision for product warranties

127,013

133,984

6,970

Other

188,950

223,503

34,553

Total current liabilities

3,700,105

15.6

3,663,741

14.7(36,363)

Noncurrent liabilities
Provision for directors’ retirement
benefits

66,78066,780-Other

111,957

217,646

105,688

Total noncurrent liabilities

178,7370.7

284,426

1.1

105,6883,878,843

16.3

3,948,168

15.8

69,324

Total liabilities<NET ASSETS>
Shareholders' equity
Capital stock

1,985,666

1,985,666-

Capital surplus

2,023,903

2,023,903-

Retained earnings

16,390,498

17,198,099

807,600

Treasury stock(348,598)(349,967)(1,369)Total shareholders’ equity
Accumulated other comprehensive
incomeValuation difference on
available-for-sale securities
Foreign currency translation
adjustment
Total accumulated
other comprehensive income

20,051,469

84.5

20,857,701

83.4

806,231

58,23975,504

17,264(317,906)(20,576)

297,330(259,667)(1.1)

54,9270.2

314,595

73,8190.3

139,305

0.6

65,485

Total net assets

19,865,622

83.7

21,051,934

84.2

1,186,312

Total liabilities and net assets

23,744,465

100.0

25,000,102

100.0

1,255,636

Minority interests

4

Yushin Precision Equipment Co., Ltd. (6482)(2) Consolidated statements of income and consolidated statements of comprehensive income
Consolidated statements of income(Thousands of yen)
Nine months ended
December 31, 2012%
AmountNine months ended
December 31, 2013%
AmountAmountNet sales

10,642,784

100.0

12,821,096

100.0

2,178,312

Cost of sales

6,592,308

61.9

7,440,850

58.0

848,542

Gross profit

4,050,475

38.1

5,380,246

42.0

1,329,770

Selling, general and administrative
expenses

3,110,838

29.3

3,485,913

27.2

375,074

939,6368.8

1,894,332

14.8

954,695

Operating income

ChangeNon-operating income
Interest income

14,474

12,743(1,730)

Dividends income

4,592

4,297

(294)

Purchase discounts

7,853

9,050

1,196

Foreign exchange gains

32,077

154,526

122,449

Other

19,201

16,421(2,780)Total non-operating income

78,1990.7

197,039

1.5

118,840

Non-operating expenses
Sales discounts

710

691

(18)

Other

1,701

250

(1,450)Total non-operating expenses

2,411

0.0

942

0.0

(1,469)1,015,424

9.5

2,090,429

16.3

1,075,005

Ordinary income
Extraordinary income
Gain on sales of noncurrent assets

38

Total extraordinary income

38

Extraordinary loss
Loss on sales and retirement of
noncurrent assets

873

Total extraordinary losses

873

0.0

23,4590.2

22,586

1,014,589

9.5

2,068,634

16.1

1,054,045

Income taxes

340,0293.2

683,098

5.3

343,069

Income before minority interests

674,560

6.3

1,385,535

10.8

710,975

Minority interests in income

58,301

0.5

53,2470.4(5,053)

Net income

616,258

5.8

1,332,287

10.4

716,029

Income before income taxes and minority
interests

5

1,664
0.0

1,664

1,625
0.0

23,4591,625

22,586

Yushin Precision Equipment Co., Ltd. (6482)

Consolidated statements of comprehensive income(Thousands of yen)
Nine months ended
December 31, 2012
Income before minority interests

Nine months ended
December 31, 2013

Change674,560

1,385,535

710,975

Valuation difference on available-forsale securities

2,423

17,264

14,841

Foreign currency translation adjustments

16,825309,568

292,743

Total other comprehensive income

19,248326,833

307,585

Comprehensive income

693,808

1,712,368

1,018,560

634,858

1,646,883

1,012,024

58,95065,485

6,535

Other comprehensive income(Details)
Comprehensive income attributable toowners of the parent
Comprehensive income attributable tominority interests

6

Yushin Precision Equipment Co., Ltd. (6482)(3) Notes related to consolidated financial statements< Notes related to going concern assumption >None< Notes in the event of significant changes in shareholders’ equity >None< Segment information >Nine Months of FY2013 (from April 1, 2012 to December 31, 2012)
Information related to sales and profit or loss for each reportable segment(Thousands of yen)Amounts shown on

Reportable segment
Total
Japan

U.S.A.

Asia

Adjustment

quarterly consolidated*1

statements of income

Europe*2

Net sales
Sales to customers

6,245,179

1,473,876

2,598,552

325,175

10,642,784-

10,642,784

Inter-segment sales

2,559,019

4,007

191,807

3,686

2,758,520(2,758,520)

-

Total

8,804,199

1,477,883

2,790,360

328,861

13,401,305(2,758,520)

10,642,784

571,058

137,293

270,103

5,511

983,967(44,330)

939,636

Segment profit*Notes 1: The (44,330) thousand yen adjustment to segment profit includes eliminations for inter-segment
transactions of 20,642 thousand yen and inventory adjustments of (64,973) thousand yen.
*Notes 2: Segment profit is adjusted to be consistent with operating income shown on the quarterly consolidated
statements of income.

Nine Months of FY2014 (from April 1, 2013 to December 31, 2013)
Information related to sales and profit or loss for each reportable segment(Thousands of yen)Amounts shown on

Reportable segment
Total
Japan

U.S.A.

Asia

EuropeAdjustment

quarterly consolidated*1

statements of income*2

Net sales
Sales to customers

6,883,061

2,005,574

3,476,965

455,494

12,821,096-

12,821,096

Inter-segment sales

2,963,626

14,594

216,4307,770

3,202,421(3,202,421)

-

Total

9,846,688

2,020,168

3,693,395

463,264

16,023,518(3,202,421)

12,821,096

876,237

345,175

635,264

83,476

1,940,153(45,821)

1,894,332

Segment profit*Notes 1: The (45,821) thousand yen adjustment to segment profit includes eliminations for inter-segment
transactions of 4,404 thousand yen and inventory adjustments of (50,225) thousand yen.
*Notes 2: Segment profit is adjusted to be consistent with operating income shown on the consolidated
statements of income.

7

Yushin Precision Equipment Co., Ltd. (6482)

4. Supplemental Information(1) Orders, backlog and sales
a. Orders
1) Order received
Products(Thousands of yen)
Nine Months of FY2013

ChangeNine Months of FY2014(%)

Take-out robots

7,827,748

9,670,656

123.5

Custom-ordered equipments

1,062,452

2,239,570

210.8

Parts and maintenance service

1,832,877

1,933,645

105.5

10,723,078

13,843,872

129.1

Total

(Thousands of yen)

2) Backlog of orders
Products

As of December 31, 2012

Take-out robots

ChangeAs of December 31, 2013(%)

1,780,243

2,162,895

121.5

Custom-ordered equipments

679,321813,677

119.8

Parts and maintenance service

202,065

169,24483.8

2,661,629

3,145,817

118.2

Total

(Thousands of yen)b. Net sales
Products

Nine Months of FY2013

ChangeNine Months of FY2014(%)

Take-out robots

7,642,420

9,134,713

119.5

Custom-ordered equipments

1,210,960

1,775,735

146.6

Parts and maintenance service

1,789,403

1,910,648

106.8

10,642,784

12,821,096

120.5

Total

(2) Overseas Sales
Nine Months of FY2013 (from April 1, 2012 to December 31, 2012)
North America
I

Overseas sales

1,519,854

Asia(Thousands of yen)
Europe5,058,918

Other areas

410,338

Total

121,018

II Consolidated net sales
III Ratio of overseas sales toconsolidated net sales (%)

10,642,784
14.3

47.5

3.9

1.1

North America
Overseas sales

2,018,561

Asia

Europe5,731,196

Other areas

939,852

330,276

II Consolidated net sales
III Ratio of overseas sales toconsolidated net sales (%)

66.8(Thousands of yen)

Nine Months of FY2014 (from April 1, 2013 to December 31, 2013)

I

7,110,130

Total
9,019,887
12,821,096

15.7

44.7

8

7.3

2.6

70.3