Sumitomo Heavy Industries, Ltd.
THIRD QUARTER CONSOLIDATED FINANCIAL REPORTFor the Nine-Month Period from April 1 to December 31, 2015

All financial information has been prepared in accordance with generally accepted accounting principles in Japan. This document
has been translated from the Japanese original as a guide to non-Japanese investors and contains forward-looking statements thatare based on management’s estimates, assumptions, and projections at the time of publication. A number of factors could cause
actual results to differ materially from expectations. Amounts shown in this financial statement have been rounded to the nearest
million yen.

Consolidated Results for the Third Quarter
Ended December 31, 2015

Summary of Consolidated Financial Results
For the Third Quarter Ended December 31, 2015
Presented January 29, 2016

Sumitomo Heavy Industries, Ltd.
Listed exchanges

Tokyo Stock Exchange

Stock code

6302

Head officeTokyo

President

Shunsuke Betsukawa

URLwww.shi.co.jp

Inquiries

Tsuneyoshi Sato
General Manager, Corporate Communications Dept.

Telephone+81 3 6737 2331

Scheduled reporting date for quarterly reportFebruary 5, 2016

Scheduled date of payment of cash dividends-

Availability of supplementary explanations forquarterly financial statement
Holding of meeting to explain quarterly
financial statement

None
None

1. FY 2015 Third Quarter Consolidated Results (April 1, 2015, to December 31, 2015)(1) Business Results(Units: millions of yen)
Third Quarter
April 1 to December 31, 2015

Previous Third Quarter
April 1 to December 31, 2014

% change% change

Net sales

490,4285.1

466,788

10.1

Operating income

30,905(9.2)

34,032

82.6

Ordinary income

29,479(14.5)

34,49483.1

Net income attributed to shareholders of the parent
company

19,085(12.5)

21,823

95.3

Net income per share (yen)Fully diluted net income per share (yen)

31.14

35.59

－

－

Note: Comprehensive income
Fiscal quarter ended December 31, 2015: 11,931 million yen (-50.8%)
Fiscal quarter ended December 31, 2014: 24,258 million yen (-8.0%)2

Consolidated Results for the Third Quarter
Ended December 31, 2015

(2) Financial Position(Units: millions of yen)
End of Third Quarter
As of December 31, 2015

End of Previous Full YearAs of March 31, 2015

Total assets

772,478786,027

Shareholders’ equity

374,115

365,101

47.5

45.8

Equity ratio (%)
Reference: Equity
Fiscal quarter ended December 31, 2015: 367,134 million yen
Fiscal year ended March 31, 2015: 360,079 million yen

2. Dividends(Units: yen)
Year Ended March 31,
2015

Year Ended March 31,
2016

Year Ended March 31,
2016 (forecast)

Annual dividends per share
－

－

5.00

7.00

Third quarter－－End of term

7.00

7.00

Annual dividends

12.00

14.00

First quarter
Second quarter

Note:

Changes from the most recent dividend forecast: None

3. FY 2015 Consolidated Forecasts (April 1, 2015, to March 31, 2016)(Units: millions of yen)
Full Year
April 1, 2015, to March 31, 2016

% change
Net sales

690,000

Operating income

46,0000.0

Ordinary income

43,000(4.7)

Net income attributed to shareholders of the parent
company

27,000

10.9

Projected net income per share (yen)

44.05

Note:

Changes from the most recent consolidated forecast: None3

3.4

Consolidated Results for the Third Quarter
Ended December 31, 2015

Additional Notes(1) Transfers of important subsidiaries during the fiscal period (moves of specific subsidiaries due to change in scope of
consolidation):
None
Newly consolidated:

None

Excluded from consolidation:None(2) Special accounting measures applied in the quarterly consolidated financial report:

None(3) Changes to accounting policies, changes to accounting estimates, and restatements(i) Changes to accounting policies resulting from revisions to accounting standards, etc.:

Yes(ii) Changes other than (i):None(iii) Changes to accounting estimates:None(iv) Restatements:

None(4) Number of shares issued (common shares)(i) Number of shares issued at end of fiscal period (including treasury stock):
As of December 31, 2015
As of March 31, 2015

614,527,405 shares
614,527,405 shares(ii) Amount of treasury stock at end of fiscal period
As of December 31, 2015
As of March 31, 2015

1,635,285 shares
1,495,994 shares(iii) Average number of shares during fiscal period (cumulative quarterly period)
As of December 31, 2015
As of December 31, 2014

612,950,818 shares
613,149,124 shares

Recording of Implementation Conditions regarding Quarterly Review ProceduresThis quarterly financial summary does not fall within the scope of the Quarterly Review Procedures referenced in
the Financial Instruments and Exchange Act. At the time of disclosure of the quarterly financial summary, theGroup was in the process of implementing the quarterly review procedures for its quarterly financial statements.
Explanations and Other Special Items regarding the Pertinent Reasons for the Earnings Forecast
Earnings forecasts and outlooks concerning future financial results are believed to be reasonable based on
information available at the time of publication. Actual financial results may vary from the above forecast andoutlook because of a variety of factors. For information on the assumptions that form the basis of the earnings
forecast and items to note concerning the use of earnings forecasts, please see the Explanation of theConsolidated Earnings Forecast and Other Forward-Looking Estimates in the Supplementary Materials on page8.

4

Consolidated Results for the Third Quarter
Ended December 31, 2015

Supplementary Materials – Table of Contents
1. Qualitative Information regarding Current Quarterly Consolidated Business Performance ....... 6(1) Explanation of Business Performance ........................................................................................... 6(2) Explanation of the Group’s Consolidated Financial Position .......................................................... 7(3) Explanation of the Consolidated Earnings Forecast and Other Forward-Looking Estimates ......... 8
2. Notes regarding Summarized Information (Explanatory Notes) .................................................... 9(1) Changes Involving Important Subsidiaries during the Current Consolidated Year-to-Date Quarterly
Period ............................................................................................................................................. 9(2) Special Accounting Procedures Adopted during the Development of the Quarterly Consolidated
Financial Report.............................................................................................................................. 9(3) Changes to Accounting Policies, Changes to Accounting Estimates, and Restatements ............... 9
3. Quarterly Consolidated Financial Statements ............................................................................... 10(1) Quarterly Consolidated Balance Sheets ...................................................................................... 10(2) Consolidated Income Statements and Consolidated Statement of Comprehensive Income ........ 12
Consolidated Income Statements ................................................................................................ 12
Consolidated Statement of Comprehensive Income .................................................................... 13(3) Notes regarding Consolidated Quarterly Financial Statements .................................................... 13(Notes on Premise of a Going Concern) ...................................................................................... 13(Notes regarding Significant Fluctuations to Shareholders’ Equity).............................................. 13(Subsequent Events of Significant Importance) ........................................................................... 13
4. Supplementary Information ............................................................................................................. 14(1) Orders, Sales and Operational Profit, and Balance of Orders by Segment .................................. 14(2) (Summary) Consolidated Cash Flows Statement ......................................................................... 165

Consolidated Results for the Third Quarter
Ended December 31, 2015

1. Qualitative Information regarding Current Quarterly Consolidated Business
Performance(1) Explanation of Business Performance
The Japanese economy during the current consolidated year-to-date (YTD) third quarter under review saw a softening of
the gentle recovery that was seen in previous quarters due to several competing factors. For example, although theemployment and wage environment showed signs of improvement, this did not lead to a recovery in personal consumption
levels due to rising prices. Another example was in the area of capital investment where an improvement in the financial
performance of corporations resulted in an upward trend but the cautiousness of companies to make such investments
due to stagnant exports grew stronger.
Outside of Japan, the gentle recovery trend continued in the Eurozone, while in the U.S. market, growth in capital
investments remained slow despite the transition to a normalized monetary policy as a result of the economic recovery
that was seen. Moreover, the slowdown of the Chinese economy became more apparent, while other emerging market
economies struggled to grow not only because of the stagnating Chinese economy but also because drop in resource
prices, in particular crude oil. The heightened geopolitical risk in the Middle East also contributed towards the overallmalaise. As a result, the future the global economy became even murkier.
Under these conditions, orders increased in the Industrial Machinery, Precision Machinery and Machinery Components
segments while orders fell in the other segments. In overall terms, the Group posted an order figure of JPY512.1 billion, a
7% decrease as compared to the same period last year (hereinafter referred to as the “previous term”). With regard tosales, all segments of the Group, with the exception of the Construction Machinery segment, grew as compared to theprevious term. In total, the Group posted a figure of JPY490.4 billion, a 5% increase as compared to the previous term.
Turning to income, the Precision Machinery segment showed signs of improved profitability while profit levels fell in theConstruction Machinery, and Environmental Facilities and Plant segments. As a result, operating income was JPY30.9
billion, a 9% decrease as compared to the previous term, and ordinary income was JPY29.5 billion, a 15% decrease ascompared to the previous term. Quarterly net income attributed to shareholders of the parent company also decreased by
13% as compared to the previous term to finish at JPY19.1 billion.
Conditions in each business segment of the Group were as follows:
1. Machinery Components
Despite a slowdown in the Chinese market, a strong showing from the domestic and North American markets resulted in
an increase in both orders and sales as compared to the previous term in this segment. In actual figures, the segment
received orders worth JPY79.9 billion, a gain of 2% as compared to the previous term, and posted sales of JPY80.2 billion,a gain of 8% as compared to the previous term. Further, the segment posted operating income of JPY6.3 billion.
2. Precision Machinery
With respect to plastics machinery, while the strong IT-related demand from the Asian markets slowed, the domestic,Eurozone and North American markets trended positively. Consequently, both orders and sales figures showed
improvements as compared to the previous term. In other product areas, while orders for the segment’s semiconductorrelated products fell as compared to the previous term, sales improved. In actual figures, the segment received orders
worth JPY115.9 billion, a gain of 5% as compared to the previous term, and posted sales of JPY114.8 billion, a gain of 7%
as compared to the previous term. Further, the segment posted operating income of JPY15.3 billion.
3. Construction Machinery
The hydraulic excavator business saw a drop in both orders and sales as compared to the previous term mainly due to thesignificant drop in demand from the Chinese market and the lack of any recovery signs, as well as the slowdown in demand
from the domestic market because customers rushed to place orders in the previous fiscal year ahead of theimplementation of new emission regulations. In the mobile crane business, orders fell as compared to the previous term
mainly due to the delayed recovery of demand from the North American market, while sales increased. In actual figures,the segment received orders worth JPY141.1 billion, a fall of 5% as compared to the previous term, and posted sales of
JPY141.5 billion, a fall of 2% as compared to the previous term. Further, the segment posted operating income of JPY2.2
billion.

6

Consolidated Results for the Third Quarter
Ended December 31, 2015

4. Industrial Machinery
In this segment, the material handling business was boosted by strong demand from the domestic shipbuilding sector,
while the turbine business was boosted by demand from the overseas power generation sector. Elsewhere in the segment,
the industrial equipment business successfully won an order for a proton cancer therapy equipment. As a result, orders
across the segment increased as compared to the previous term. Sales also improved as compared to the previous term
buoyed by the material handling business and the turbine business. In actual figures, the segment received orders worth
JPY69.3 billion, a gain of 8% as compared to the previous term, and posted sales of JPY58.3 billion, a gain of 13% ascompared to the previous term. Further, the segment posted operating income of JPY5.5 billion.
5. Ships
The segment received orders for two new vessels, a reduction of seven vessels as compared to the previous term. With
regard to sales, one vessel was handed over, a reduction from the two that were handed over in the previous term. In
actual figures, the segment received orders worth JPY19.9 billion, a fall of 67% as compared to the previous term, andposted sales of JPY19.4 billion, a gain of 4% as compared to the previous term. Further, the segment posted an operating
loss of JPY12 million.
6. Environmental Facilities & Plants
Despite receiving orders for boilers from the overseas IPP (Independent Power Producers) sector and the domestic
biomass power generation sector, overall orders in the energy plant business fell as compared to previous term, mainly
due to low level of orders received. On the other hand, orders in the water treatment plant business increased as comparedto the previous term as a result of receiving an order on a large-scale refurbishment project. Sales also increased ascompared to the previous term as boiler-related construction projects for the power generation sector progressed further
towards completion. In actual figures, the segment received orders worth JPY79.8 billion, a fall of 2% as compared to theprevious term, and posted sales of JPY68.5 billion, a gain of 6% as compared to the previous term. Further, the segment
posted operating income of JPY500 million.
7. OtherIn this segment, orders dropped while sales increased as compared to the previous term. In actual figures, the segment
received orders worth JPY6.2 billion, a fall of 22% as compared to the previous term, and posted sales of JPY7.8 billion,a gain of 31% as compared to the previous term. Further, the segment posted operating income of JPY1.3 billion.

(2) Explanation of the Group’s Consolidated Financial Position
1. Condition of Assets, Liabilities, and Net Assets
Total assets at the end of the third quarter of the current consolidated fiscal year under review (ended December 31, 2015)
amounted to JPY772.5 billion, a decrease of JPY13.5 billion as compared to the end of the previous consolidated fiscal
year. This was mainly due to the JPY35.0 billion decrease in marketable securities offsetting the JPY22.2 billion increase
in inventory assets.
Total liabilities fell to JPY398.4 billion, a decrease of JPY22.6 billion as compared to the end of the previous consolidated
fiscal year. This was mainly due to decreases of JPY7.5 billion in the balance of interest-bearing liabilities, and JPY13.1
billion in current liabilities.
Net assets increased by JPY9.0 billion as compared to the end of the previous consolidated fiscal year to JPY374.1 billion.
This was mainly due to the JPY11.3 billion increase in retained earnings.
As a result of the above, the shareholders’ equity ratio improved by 1.7% from the end of the previous consolidated fiscal
year to finish at 47.5%.
2. Cash Flow Condition
Cash flow used for operating activities totaled JPY6.8 billion (as compared to an inflow of JPY40.7 billion in the previousterm). The main component of the proceeds came from the JPY28.0 billion in quarterly net income before tax and otheradjustments. On the other hand, the main sources of the outflow of cash were the JPY25.3 billion increase in inventory
assets and the JPY13.7 billion used to pay corporate and other taxes.

7

Consolidated Results for the Third Quarter
Ended December 31, 2015

Cash flow used for investing activities totaled JPY11.3 billion, as compared to an outflow of JPY8.9 billion during theprevious term. This was mainly due to the JPY14.7 billion used to acquire fixed assets.
Cash flow used for financing activities totaled JPY16.3 billion, as compared to an outflow of JPY26.9 billion in the previous
term. The outflow of cash was mainly used to repay outstanding debts in the amount of JPY6.4 billion (after netting out the
inflow from debts repaid) and to make dividend payments in the amount of JPY8.6 billion.
As a result of the foregoing, the balance of cash and cash equivalents at the end of the third quarter of the current
consolidated fiscal year under review totaled JPY55.2 billion, a decrease of JPY35.1 billion as compared to the end of theprevious consolidated fiscal year.

(3) Explanation of the Consolidated Earnings Forecast and Other Forward-Looking Estimates
No revisions have been made to the consolidated earnings forecast for the fiscal year ending March 31, 2016, which was
published along with the earnings summary on October 29, 2015.
Please note that from the fourth quarter of the current consolidated fiscal year, the main exchange rates are assumed to
be USD1 = JPY115 and EUR1 = JPY127.

8

Consolidated Results for the Third Quarter
Ended December 31, 2015

2. Notes regarding Summarized Information (Explanatory Notes)(1) Changes Involving Important Subsidiaries during the Current Consolidated Year-to-Date Quarterly
PeriodThere are no applicable items.

(2) Special Accounting Procedures Adopted during the Development of the Quarterly Consolidated
Financial Report
There are no applicable items.

(3) Changes to Accounting Policies, Changes to Accounting Estimates, and Restatements(Changes to Accounting Policies)
With regard to the “Revised Accounting Standards for Business Combination” (Accounting Standards Board of Japan(ASBJ) Accounting Standard – ASBJ Statement No. 21 dated September 13, 2013; hereinafter referred to as the “Revised
Business Combination Accounting Standards”), the “Revised Accounting Standard for Consolidated Financial Statements”(Accounting Standards Board of Japan (ASBJ) Accounting Standard – ASBJ Statement No. 22 dated September 13, 2013;
hereinafter referred to as the “Revised Consolidated Financial Statements Accounting Standards), and the “Revised
Accounting Standards for Business Divestitures” (Accounting Standards Board of Japan (ASBJ) Accounting Standard –ASBJ Statement No. 7 dated September 13, 2013; hereinafter referred to as the “Revised Business Divestitures AccountingStandards) have been adopted from the first quarter of the current consolidated fiscal year under review. Where control ofcertain subsidiaries continues under the new accounting standards, the differential change in equity of the Group isreported as additional paid-in capital. In addition, a change was made to account for acquisition-related costs as an
expense item in the consolidated fiscal year where such costs were incurred.
Further, with regard to business combinations executed after the beginning of the first quarter of the current consolidated
fiscal year under review, the allotted acquisition cost resulting from the provisional accounting of the item will now bereflected in the quarterly consolidated financial report for the quarter in which the business integration is completed.
Moreover, the way in which quarterly net income is denoted has been changed, and the term minority interest has beenchanged to non-controlling interests. In order to reflect such changes, the quarterly consolidated financial statements andthe full consolidated year financial statements for the previous third quarter and previous consolidated fiscal year havebeen reclassified.
The implementation of the Revised Business Combination Accounting Standards has been carried out in accordance with
Article 58-2(4) of the Revised Business Combination Accounting Standards, Article 44-5(4) of the Revised Consolidated
Financial Statements Accounting Standards, and Article 57-4(4) of the Revised Business Divestitures AccountingStandards which allow for transitional treatment. The new standards have been adopted from the first quarter of the current
consolidated fiscal year under review and will be utilized on a go-forward basis.
The change of the method, as compared to the previous method, resulted in a reduction of JPY215 million in both operating
income and ordinary income, and a reduction of JPY1,781 million in quarterly net income before taxes and otheradjustments for the third quarter of the current consolidated fiscal year under review. Moreover, the additional paid-in
capital amount at the end of the third quarter of the current consolidated fiscal year under review has increased by
JPY1,565 million as a result of this change.

9Consolidated Results for the Third Quarter
Ended December 31, 2015

3. Quarterly Consolidated Financial Statements(1) Quarterly Consolidated Balance Sheets(Units: millions of yen)
End of Previous Fiscal YearAs of March 31, 2015

End of Third Quarter
As of December 31, 2015

AmountAmountAssetsCash and deposits

57,42357,237

Notes and accounts receivable

194,916

197,687

Marketable securities

35,000―Inventory assets

153,835

176,024

Other

52,02853,317

Allowance for doubtful accounts(1,202)(1,154)492,000

483,110Land

108,749

108,377

Other (net)

119,553

120,071

Total tangible assets

228,302

228,448

9,333

10,7389,333

10,738Other

58,57654,004

Allowance for doubtful accounts(2,184)(3,822)56,39250,182

Fixed assets

294,027

289,367

Total assets

786,027

772,478

Current assets

Other
Total intangible assets

Investments and other assets

10Consolidated Results for the Third Quarter
Ended December 31, 2015

(Units: millions of yen)
End of Previous Fiscal YearAs of March 31, 2015

End of Third Quarter
As of December 31, 2015

AmountAmountLiabilities
Notes and accounts payable

140,436

137,819

Short-term bank loans

42,11038,960Long-term loans due within one year

15,201

7,506―

10,000Reserve for Guaranteed Cost Construction
Contracts

7,985

8,116

Other Allowances

6,366

7,826

100,673

87,534

312,771297,760

Bonds

10,00010,000Long-term debt due after one year

16,333

9,652

203

203

Defined benefit liability

46,162

44,189Deferred income taxes on revaluation

22,29322,196Other

13,16314,361

Total fixed liabilities

108,155

100,602

Total liabilities

420,926

398,362

Common stock

30,87230,872

Capital surplus

23,78925,354Retained earnings

239,815251,094

(764)

(855)

293,712306,465

Unrealized gains on securities

5,437

3,977

Profit (loss) on deferred hedge(2,229)(2,064)

Revaluation reserve for land

40,47640,808Foreign currency translation adjustments

26,641

22,495Re-measurement of defined benefit plans(3,957)(4,547)

Total accumulated other comprehensive income

66,36760,669Non-controlling interest

5,022

6,982

Total net assets

365,101

374,115

Total liabilities and net assets

786,027

772,478

Commercial Paper

Other
Current liabilities

Allowance

Net assets

Treasury stock
Total shareholders' equity

11Consolidated Results for the Third Quarter
Ended December 31, 2015

(2) Consolidated Income Statements and Consolidated Statement of Comprehensive Income
Consolidated Income Statements(Units: millions of yen)Previous Third Quarter
April 1, 2014, to December
31, 2014

Present Third Quarter
April 1, 2015, to December
31, 2015

AmountAmountNet sales

466,788

490,428

Cost of sales

357,573377,275

Gross income

109,215

113,153

Selling, general & administrative expenses

75,18482,248Operating income

34,03230,905Interest income

339

361

Dividend income

738

1,020

Investment gain on equity method

1,442

1,349

Gain on foreign currency exchange

1,316

―

Other

1,345

1,870

5,179

4,600

1,663

1,394

―

1,113

3,054

3,519

Total non-operating expenses

4,716

6,026

Ordinary income

34,49429,479Compensation expenses

―

1,014

Loss on impaired assets

269

513

Total extraordinary losses

269

1,527

Income before income taxes

34,22527,952

Corporate income taxes

12,024

9,961

Net income

22,202

17,991

Net income (or loss) attributable to non-controllinginterests

378(1,094)

Net income attributed to shareholders of the parent
company

21,82319,085Non-operating income

Total non-operating income
Non-operating expenses
Interest expense
Loss on foreign currency exchange
Other

Extraordinary losses

12Consolidated Results for the Third Quarter
Ended December 31, 2015

Consolidated Statement of Comprehensive Income(Units: millions of yen)
Present Third Quarter
April 1, 2015, to December 31,
2015

Previous Third Quarter
April 1, 2014, to December 31,
2014
Amount

Net income

Amount22,202

17,991

Unrealized gains on securities

943(1,508)

Profit (loss) on deferred hedge(2,254)

215

―

55

Foreign currency translation adjustments

3,593(4,231)

Adjustment to retirement benefits

(235)

(596)

Amount applied for equity method
accounting of affiliates

94

Total other comprehensive income

2,057(6,060)24,258

11,931

23,776

13,109482(1,179)Other comprehensive income

Revaluation reserve for land

Comprehensive income(Breakdown)Comprehensive income relating toparent company shareholdings
Comprehensive income relating to noncontrolling interests(3) Notes regarding Consolidated Quarterly Financial Statements(Notes on Premise of a Going Concern)
There are no applicable items.

(Notes regarding Significant Fluctuations to Shareholders’ Equity)
There are no applicable items.

(Subsequent Events of Significant Importance)
There are no applicable items.

13Consolidated Results for the Third Quarter
Ended December 31, 2015

4. Supplementary Information(1) Orders, Sales and Operational Profit, and Balance of Orders by Segment
Orders Received(Units: millions of yen)Segment

April 1, 2014, toDecember 31, 2014

April 1, 2015, toDecember 31, 2015

AmountAmountY/Y Change
Amount%Machinery Components

78,38979,9281,539

2.0

Precision Machinery

110,644

115,913

5,269

4.8

Construction Machinery

149,006

141,094(7,911)(5.3)

Industrial Machinery

63,992

69,283

5,291

8.3

Ships

59,751

19,931(39,819)(66.6)

Environmental Facilities & Plants

81,60879,795(1,813)

(2.2)

Other

7,956

6,200

(1,756)(22.1)

Total

551,345

512,144(39,202)(7.1)

Sales and Operational Profit(Units: millions of yen)Segment

April 1, 2014, toDecember 31, 2014
Operational
ProfitSales

April 1, 2015, toDecember 31, 2015
Operational
ProfitSales

Y/Y Change
Operational
ProfitSales

Machinery Components

74,215

5,810

80,210

6,306

5,995

496

Precision Machinery

107,121

10,406

114,836

15,327

7,715

4,921

Construction Machinery

144,528

10,655

141,454

2,170(3,073)(8,485)

Industrial Machinery

51,532

3,374

58,266

5,530

6,734

2,156

Ships

18,659(769)

19,405

(12)

746

758

Environmental Facilities & Plants

64,805

3,057

68,472475

3,667(2,582)

Other

5,929

1,580

7,785

1,328

1,856

(252)

―

(80)

―

(219)

―

(139)

466,788

34,032490,428

30,90523,640(3,127)

Adjustments
Total

14

Consolidated Results for the Third Quarter
Ended December 31, 2015

Balance of Orders Received(Units: millions of yen)Segment

End of Previous Fiscal
Year
As of March 31, 2015

End of Third Quarter
As of December 31,
2015

AmountAmountChangeAmount%Machinery Components

30,50330,220

(282)

(0.9)

Precision Machinery

48,87949,9561,077

2.2

Construction Machinery

32,21531,855

(360)

(1.1)

Industrial Machinery

98,366109,384

11,018

11.2

Ships

65,18565,711526

0.8

Environmental Facilities & Plants

115,383

126,706

11,323

9.8

Other

4,059

2,473

(1,586)(39.1)

Total

394,590416,305

21,715

5.5

The Group’s operating segments are categorized as follows:Businesses

Main Products

Machinery Components

Power transmission and control equipment

Precision Machinery

Plastics machinery, film forming machines, semiconductor production
equipment, laser processing systems, cryogenic equipment, precision
positioning equipment, precision forgings, control components, defense
equipment, machining tools

Construction Machinery

Hydraulic excavators, mobile cranes, road machinery

Industrial Machinery

Ion accelerators, medical machines and equipment, plasma coating systems
for FPDs, forging press machines, material handling systems, logistics
systems, automated parking systems, turbines, pumps

Ships

Ships

Environmental Facilities & Plants

Private power generation facilities, boilers, industrial waste treatment facilities,
air pollution control equipment, water and sewage treatment systems, processequipment, pressure vessels, mixing vessels, air-conditioning equipment, foodprocessing machinery

15

Consolidated Results for the Third Quarter
Ended December 31, 2015(2) (Summary) Consolidated Cash Flows Statement(Units: millions of yen)Previous Third Quarter
April 1, 2014, toDecember 31, 2014

Present Third Quarter
April 1, 2015, toDecember 31, 2015

Income before income taxes

34,22527,952(6,273)

Depreciation

11,935

14,4482,513(Increase) decrease in notes and accounts
receivable

31,368(3,928)(35,296)(Increase) decrease in inventories(27,799)(25,264)

2,536

7,731

(2,039)(9,770)

Payments for income taxes(14,108)(13,730)

378

Other

(2,654)(4,274)(1,620)40,698(6,835)(47,534)(10,765)(14,685)(3,920)

1,844

3,394

1,551

(8,921)(11,290)(2,369)Net increase (decrease) in short-term loans(20,145)(6,357)

13,789Cash dividends paid

(5,336)(8,557)(3,221)Other(1,378)(1,338)40(26,860)(16,252)

10,608604(719)(1,323)

Cash and cash equivalents at beginning of period

76,41890,324

13,906

Cash and cash equivalents at end of period

81,93955,227(26,712)

Increase (decrease) in notes and accounts
payableNet cash provided by operating activities
Payments for purchases of property, plant,
and equipment
Other
Net cash used in investing activities

Net cash used in financing activities
Other

16

Y/Y Change