Makita Corporation
Consolidated Financial Results
for the nine months
ended December 31, 201２
(U.S. GAAP Financial Information)(English translation of "KESSAN TANSHIN"
originally issued in Japanese)

CONSOLIDATED FINANCIAL RESULTS
FOR THE NINE MONTHS ENDED DECEMBER 31, 2012 (Unaudited)
January 31, 2013

Makita Corporation
Stock code: 6586
URL: http://www.makita.co.jp/
Masahiko Goto, President, Representative Director & CEO

1. Summary operating results of the nine months ended December 31, 2012 (From April 1, 2012 to December 31,
2012)(1) CONSOLIDATED OPERATING RESULTS
Yen (millions)
For the nine months ended
For the nine months ended
December 31, 2011
December 31, 2012%%
Net sales................................................................
223,6739.3
226,280
1.2
Operating income .................................................
38,55717.5
34,546(10.4)
Income before income taxes .................................
36,012
11.1
33,887(5.9)
Net income attributable to Makita Corporation ....
24,712
6.8
23,534(4.8)
Comprehensive income (loss)...............................
3,661
32.0
35,505
869.8
Yen
Earning per share (Basic)
Net income attributable to
Makita Corporation common shareholders...........
179.47173.36
Notes:
1. Amounts of less than one million yen have been rounded.
2. The table above shows the changes in the percentage ratio of net sales, operating income, income before income
taxes, net income attributable to Makita Corporation, and comprehensive income (loss) against the corresponding
period of the previous year.
(2) SELECTED CONSOLIDATED FINANCIAL POSITION

Total assets............................................................
Total equity ...........................................................
Total Makita Corporation shareholders' equity.....
Total Makita Corporation shareholders' equity
ratio to total assets (%) .........................................

Yen (millions)
As of March 31, 2012
As of December 31, 2012
383,256
405,552
323,778
349,397
321,253
346,830
85.5%

83.8%

2. Dividend Information
Yen
For the year ended
March 31, 2012

For the year ending
March 31, 2013

Cash dividend per share:
Interim.................................................................
15.00
15.00
Year-end ..............................................................
57.00(Note)
Total ....................................................................
72.00(Note)
Notes:
1. The forecast for cash dividend announced on April 27, 2012 has not been revised.
2. The projected amount of dividends for the year ending March 31, 2013 has not been determined yet. For further
details, refer to “Explanation regarding proper use of business forecasts, and other significant matters” on page 2.

English translation of "KESSAN TANSHIN" originally issued in Japanese

13. Consolidated Financial Performance Forecast for the year ending March 31, 2013 (From April 1, 2012 toMarch 31, 2013)
Yen (millions)
For the year ending March 31, 2013%
Net sales..................................................................................................
303,000
2.5
Operating income ...................................................................................
44,600(8.1)
Income before income taxes ...................................................................
44,700(4.8)
Net income attributable to Makita Corporation ......................................
30,900(4.9)
Earning per share (Basic)
Yen
Net income attributable to
Makita Corporation common shareholders.............................................
227.63
Note: The consolidated financial forecast for the year ending March 31, 2013 has been revised.
4. Others(Refer to [Qualitative Information and Financial Statements] Section 4 “Other” on page 4.)(1) Changes in important subsidiaries during the period (Changes in specified subsidiaries accompanied by changes inscope of consolidation during the quarter): Not applicable(2) Adoption of simplified accounting methods and accounting methods that are specific to the preparation of quarterly
consolidated financial statements: Yes(3) Changes in accounting policies, procedures and presentation rules applied in the preparation of the quarterly
consolidated financial statements:
1. Changes due to revisions to accounting standards: Yes
2. Changes due to other reasons: Not applicable(4) Number of shares outstanding (common stock)
1. Number of shares issued (including treasury stock):
2. Number of treasury stock:
3. Average number of shares outstanding:

As of December 31, 2012:
As of March 31, 2012:
As of December 31, 2012:
As of March 31, 2012:
For the nine months ended
December 31, 2012:
For the nine months ended
December 31, 2011:

140,008,760
140,008,760
4,261,670
4,258,242
135,748,645
137,692,624

Information regarding quarterly review
This consolidated financial results report is not subject to a quarterly review stipulated under the Financial Instruments andExchange Act. As of the release date of this document, the quarterly review under the Financial Instruments and Exchange Act
has not been completed.

Explanation regarding proper use of business forecasts, and other significant matters
1.

Regarding the assumptions for the forecasts and other matters, refer to [Qualitative Information and Financial
Statements] Section 3 “Qualitative Information on Consolidated Financial Performance Forecast” on page 4. The financial
forecasts given above are based on information as available at the present time, and include potential risks and uncertainties.
As a consequence of the factors above and other, actual results may vary from the forecasts provided above.
2. Makita's basic policy on the distribution of profits is to maintain a consolidated dividend payout ratio of 30% or greater,
with a lower limit on annual cash dividends of 18 yen per share. However, in the event special circumstances arise,computation of the amount of dividends will be based on consolidated net income attributable to Makita Corporation after
certain adjustments.
The Board of Directors plans to meet in April 2013 for a report on earnings for the year ending March 31, 2013. At thetime, in accordance with the basic policy regarding profit distribution mentioned above, the Board of Directors plans topropose a dividend equivalent to at least 30% of net income attributable to Makita Corporation. The Board of Directors willsubmit this proposal to the General Meeting of Shareholders scheduled for June 2013.
The consolidated dividend payout ratio is calculated as annual dividends per share divided by consolidated net income
attributable to Makita Corporation per share (after adjustments for special circumstances) and multiplied by 100.

English translation of "KESSAN TANSHIN" originally issued in Japanese

2[Qualitative Information and Financial Statements]
1. Qualitative Information on Consolidated Operating Results
Looking at the global economic situation during the nine months (the “period”) ended December 31, 2012, theEuropean economy continued to be sluggish, although it was out of the financial crisis in the region for the time being.
However, the Russian economy remained relatively solid, though crude oil prices were on the decline. Meanwhile, in
the United States, the economy showed signs of moderate recovery including an improvement in housing investment.
In Asia, Chinese economic growth lost steam and economic expansion remained moderate in Southeast Asia due to
weak exports. In Japan, there were some signs of recovery in housing investment, in addition to demand forreconstruction from the Great East Japan Earthquake, though the overall economy was still stagnant.
Our consolidated net sales for this period increased by 1.2% to 226,280 million yen. This was because sales weregenerally solid in Japan and overseas, although the yen became stronger against the euro compared to the same period
in the previous year, resulting in the drop in net sales when translated into the yen. As for incomes, our operating
income decreased by 10.4% compared to the same period in the previous year to 34,546 million yen (operating income
ratio 15.3%) mainly due to the rises in the ratio of cost of sales from 60.5% for the same period of the previous year to
62.6% for this period by 2.1 points as a result of the decline in capacity utilization at the plants. On the other hand,
non-operating losses decreased by 1,886 million yen compared to the same period in the previous year due to thedecrease in “Exchange losses on foreign currency transactions” and “Realized losses on securities”. Meanwhile,
income before income taxes showed a decrease of 5.9% compared to the same period in the previous year to 33,887
million yen (income before income taxes ratio 15.0%) and net income attributable to Makita Corporation decreased
only by 4.8% compared to the same period in the previous year to 23,534 million yen (net income attributable to
Makita Corporation ratio 10.4%).
Net sales by region are as follows:
Net sales in Japan increased by 7.1% to 41,271 million yen compared to the same period in the previous year. Thiswas because sales continued to grow steadily thanks to expanded product lineup of lithium-ion battery products,
mainly impact drivers.
Net sales in Europe decreased by 2.5% to 91,331 million yen. This was due to sales in Western Europe weresluggish because of the effects of the financial uncertainty and a sharp appreciation of the yen against the euro
compared to the same period in the previous year, though sales to Russia continued strong growth.
Net sales in North America increased by 6.3% to 29,965 million yen because sales for the Christmas season weresteady and the yen’s depreciation against the U.S. dollar.
Net sales in Asia increased by 8.2% to 21,445 million yen because demands were strong in Southeast Asian
countries.
Sales situation in the other regions are as follows: Net sales in Central and South America decreased by 6.1%
compared to the same period in the previous year to 17,020 million yen, due to the effects of local currencies
depreciation despite of a recovery in demand; Net sales in Oceania dropped by 2.7% compared to the same period in
the previous year to 13,661 million yen because demand was on the wane. Meanwhile, net sales in the Middle East andAfrica increased only by 2.6% compared to the same period in the previous year to 11,587 million yen, because
economic activities stagnated due to political uncertainty.
2. Qualitative Information on Consolidated Financial Position
Total assets as of December 31, 2012 increased by 22,296 million yen to 405,552 million yen compared to thebalance as of March 31, 2012. The increase was mainly due to the increase in “Cash and cash equivalents” and“Short-term investments”.
Total liabilities as of December 31, 2012 decreased by 3,323 million yen to 56,155 million yen compared to thebalance as of March 31, 2012. This decrease was mainly due to the decrease in “Trade notes and accounts payable”
resulting from decrease of purchase and in “Income taxes payable” resulting from payment of tax.
Total equity as of December 31, 2012 increased by 25,619 million yen to 349,397 million yen compared to thebalance as of March 31, 2012. This increase was mainly due to the increase in “Retained earnings”.

English translation of "KESSAN TANSHIN" originally issued in Japanese33. Qualitative Information on Consolidated Financial Performance Forecast
The consolidated financial forecasts for the year ending March 31, 2013 have been revised, because
consolidated financial results for the first nine-month period of the fiscal 2013 (from April 1, 2012 to March 31,2013) exceeded the initial forecasts besides the yen has been weaker against the euro and the U.S. dollar, thoughbusiness conditions continue to be tough in the fourth quarter.

Revised Forecasts for consolidated performance during the fiscal 2013 (From April 1, 2012 to March 31, 2013)
Yen (millions)
Yen

Net sales
Outlook announced previously (A)......
Revised forecasts (B)..........................
Changes (B-A).....................................
Percentage revision..............................

288,000
303,000
15,0005.2%

OperatingincomeIncomebeforeincome taxes

Net income
attributable
to Makita
Corporation

41,50044,6003,100
7.5%

40,20044,7004,500
11.2%

27,40030,9003,500
12.8%

Earning per share(Basic) Net
incomeattributable to
MakitaCorporationcommonshareholders

201.84227.63－－

Actual results for the previous year
ended March 31, 2012 .........................
295,71148,516
46,96332,497236.78The above forecast is based on the assumption of exchange rates of 86 yen to the U.S. dollar and 115 yen to theeuro for the three months period ending March 31, 2013.
The above forecast is based on the assumption of exchange rates of 81 yen to the U.S. dollar and 105 yen to theeuro for the year ending March 31, 2013.
(Reference) Our previous exchange rates that we announced on October 31, 2012 were 78 yen to the U.S. dollar
and 99 yen to the euro for the year ending March 31, 2013.
The above forecast is based on information as available at the present time, and includes potential risks anduncertainties. As a consequence of the factors above and other, actual results may vary from the forecast provided
above.
4. Other(1) Changes in important subsidiaries during the period (Changes in specified subsidiaries accompanied by changes inscope of consolidation during the quarter): None
(2) Adoption of simplified accounting methods and accounting methods that are specific to the preparation of quarterly
consolidated financial statements:
With regard to the income tax expenses, Makita computes interim income tax expense by multiplying
reasonably estimated annual effective tax rate, which includes the effects of deferred taxes, by year-to-date income
before income taxes for the reporting period.
(3) Changes in accounting principles, procedures and presentations:
In June 2011, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU)
2011-05, Comprehensive Income (Accounting Standards Codification (ASC) Topic 220): Presentation ofComprehensive Income. ASU 2011-05 requires an entity to report comprehensive income either in a single
continuous financial statement or in two separate but consecutive financial statements. ASU 2011-05 isretrospectively applied to all periods presented. Makita adopted ASU 2011-05 since the first quarter of this fiscal
year began April 1, 2012. This adoption did not have an impact on Makita’s financial position and results ofoperations.

English translation of "KESSAN TANSHIN" originally issued in Japanese

45. Consolidated Financial Statements (Unaudited)(1) Consolidated Balance Sheets
Yen (millions)
As of December 31, 2012
As of March 31, 2012
Composition ratio

Composition ratio

ASSETS
CURRENT ASSETS:
Cash and cash equivalents.................................................

44,812

55,698Time deposits ....................................................................

13,504

11,317

Short-term investments .....................................................

25,12539,371

Notes..............................................................................

1,769

1,834

Accounts........................................................................

48,44544,684Less- Allowance for doubtful receivables .....................

(753)

(828)

Inventories ........................................................................

129,571

130,193

Deferred income taxes ......................................................

5,898

4,899

Prepaid expenses and other current assets ........................

8,392

9,498

Total current assets ........................................................

276,763

Trade receivables-

72.2%

296,666

73.2%

PROPERTY, PLANT AND EQUIPMENT, AT COST:
Land ..................................................................................

20,49820,588

Building and improvements ..............................................

73,33278,785

Machinery and equipment.................................................

75,46077,132

Construction in progress ...................................................

6,594

6,389

Sub total ......................................................................

175,884

182,894

Less- Accumulated depreciation and amortization ...........

(98,146)(101,667)

Total net property, plant and equipment.........................

77,73820.3%

81,22720.0%

INVESTMENTS AND OTHER ASSETS:
Investments .......................................................................

19,154

16,816

Goodwill ...........................................................................

721

721

Other intangible assets, net ...............................................

4,515

4,525

Deferred income taxes ......................................................

853

517

Other assets .......................................................................

3,512

5,080

Total investments and other assets.................................

28,755

7.5%

27,659

6.8%

Total assets...............................................................................

383,256

100.0%

405,552

100.0%English translation of "KESSAN TANSHIN" originally issued in Japanese5

Yen (millions)
As of December 31, 2012
As of March 31, 2012
Composition ratio

Composition ratio

LIABILITIESCURRENT LIABILITIES:
Short-term borrowings ......................................................

2,351

1,309

Trade notes and accounts payable.....................................

21,822

20,127

Other payables ..................................................................

4,313

5,757

Accrued expenses..............................................................

6,314

6,831

Accrued payroll.................................................................

7,803

6,256

Income taxes payable........................................................

5,293

2,473

Deferred income taxes ......................................................

125

121

Other liabilities .................................................................

5,697

7,385

Total current liabilities...................................................

53,71814.0%

50,25912.3%

LONG-TERM LIABILITIES:Long-term indebtedness....................................................

12

10

Accrued retirement and termination benefits ....................

3,027

3,127

Deferred income taxes ......................................................

130

131

Other liabilities .................................................................

2,591

2,628

Total long-term liabilities...............................................

5,760

1.5%

5,896

1.5%

Total liabilities ...............................................................

59,47815.5%

56,155

13.8%

EQUITYMAKITA CORPORATION SHAREHOLDERS’
EQUITY:
Common stock ..................................................................

23,80523,805Additional paid-in capital..................................................

45,42145,421

Legal reserve.....................................................................

5,669

5,669

Retained earnings..............................................................

316,937

330,697

Accumulated other comprehensive income (loss) ............

(59,066)(47,239)

Treasury stock, at cost.......................................................

(11,513)(11,523)

Total Makita Corporation shareholders’ equity....................

321,25383.8%

346,830

85.5%

NONCONTROLLING INTEREST.....................................

2,525

0.7%

2,567

0.7%

Total equity ....................................................................

323,778

84.5%

349,397

86.2%

Total liabilities and equity........................................................

383,256

100.0%

405,552

100.0%

As of March 31, 2012

As of December 31, 2012

Total number of shares authorized .......................................

496,000,000

496,000,000

Number of shares issued.......................................................

140,008,760

140,008,760

Number of shares issued (excluding treasury stock) ............

135,750,518

135,747,090

Number of treasury stock .....................................................

4,258,242

4,261,670

English translation of "KESSAN TANSHIN" originally issued in Japanese6(2) Consolidated Statements of Income
Yen (millions)
For the nine months
For the nine months
ended December 31,
ended December 31,
2012
2011
Composition ratio

Composition ratio

223,673 100.0%

226,280 100.0%

Cost of sales ......................................................................................

135,32960.5%

141,564

62.6%

GROSS PROFIT...................................................................................

88,34439.5%

84,71637.4%

Selling, general, administrative and others, net.................................

49,78722.3%

50,17022.1%

OPERATING INCOME .......................................................................

38,55717.2%

34,546

15.3%

NET SALES .........................................................................................

OTHER INCOME (EXPENSE):
Interest and dividend income ............................................................

1,127

1,273

Interest expense .................................................................................

(177)

(139)

Exchange gains (losses) on foreign currency transactions, net .........

(2,852)(1,536)

Realized gains (losses) on securities, net ..........................................

(643)

(257)

Total other income (expense), net ..................................................
INCOME BEFORE INCOME TAXES ................................................

(2,545) (1.1%)
36,012

16.1%(659) (0.3%)
33,88715.0%

Provision for income taxes:
Current...............................................................................................

10,2709,512

Deferred.............................................................................................

821

794

Total income tax expense...............................................................

11,091

5.0%

10,306

4.6%

NET INCOME......................................................................................

24,921

11.1%

23,581

10.4%

Less-Net income attributable to the non-controlling interest................

209

0.1%

47

0.0%

NET INCOME ATTRIBUTABLE TO MAKITA CORPORATION ....

24,712

11.0%

23,534

10.4%

English translation of "KESSAN TANSHIN" originally issued in Japanese7Consolidated Statements of Comprehensive Income
Yen (millions)
For the nine months
For the nine months
ended December 31,
ended December 31,
2012
2011
24,921

23,581

Foreign currency translation adjustment ..................................

(20,182)

10,971

Unrealized holding gains (losses) on available-for-sale securities......

(1,184)793

Pension liability adjustment .....................................................

106

160

Total other comprehensive income (loss)..............................

(21,260)

11,924COMPREHENSIVE INCOME (LOSS)......................................

3,661

35,505Less-Comprehensive income (loss) attributable to thenon-controlling interest............................................................

(151)

144

COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE
TO MAKITA CORPORATION...............................................

3,812

35,361NET INCOME.............................................................................
OTHER COMPREHENSIVE INCOME (LOSS):

English translation of "KESSAN TANSHIN" originally issued in Japanese8(3) Condensed Consolidated Statements of Cash Flows
Yen (millions)
For the nine
For the ninemonths ended
months ended
December 31, 2012
December 31, 2011
Net cash provided by operating activities........................................

3,272

33,757

Net cash used in investing activities ................................................

(220)(15,500)

Net cash used in financing activities................................................

(9,966)(10,788)

Effect of exchange rate changes on cash and cash equivalents........

(191)

3,417

Net change in cash and cash equivalents .........................................

(7,105)

10,886

Cash and cash equivalents, beginning of period ..............................

51,83344,812

Cash and cash equivalents, end of period ........................................

44,72855,698(4) Notes on the assumptions for a going concern: None
(5) Condensed Operating Segment Information
Yen (millions)
For the nine months ended December 31, 2011
North
ElimiAsia
Other
Total
Americanations

Consolidated

Japan

Europe(2) Inter-segment .......

52,22742,21593,805
2,823

28,631
2,595

9,974
83,38339,036327

223,673
131,343(131,343)

223,673-

Total ................

94,442

96,62831,226

93,35739,363355,016(131,343)

223,673

Operating expenses.......
Operating income .........

82,16285,31729,29085,02033,738315,527(130,411)

185,116

12,28011,311

1,936

8,337

5,625

39,489(932)

38,557

Yen (millions)
For the nine months ended December 31, 2012
North
ElimiAsia
Other
Total
Americanations

Consolidated

Sales:(1) Externalcustomers .............

Japan

Europe(2) Inter-segment .......

56,55033,66992,4552,822

30,1681,751

9,572
78,62937,53589

226,280
116,960(116,960)

226,280-

Total ................

90,21995,277

31,91988,201

37,624343,240(116,960)

226,280

Operating expenses.......

79,95886,04630,31978,17633,422

307,921(116,187)

191,734

Operating income .........

10,261

9,231

1,600

10,025

4,202

35,319(773)

34,546

Sales:(1) Externalcustomers .............

(6) Note in case there is any significant change in the shareholders’ equity: None

English translation of "KESSAN TANSHIN" originally issued in Japanese

9

SUPPORT DOCUMENTATION (CONSOLIDATED)
1. Consolidated Financial Results and Forecast
Yen (millions)
For the nine
For the ninemonths ended
months ended
December 31, 2012
December 31, 2011(%)

Net sales..............................................................................................................
Domestic ........................................................................................................
Overseas .........................................................................................................
Operating income ...............................................................................................
Income before income taxes ...............................................................................
Net income attributable to Makita Corporation ..................................................
Earning per share (Basic)
Net income attributable to
Makita Corporation common shareholders (Yen)...............................................
Number of Employees ........................................................................................

For the year ended
March 31, 2012(%)

223,673
38,551
185,122
38,55736,012
24,712

9.3
15.3
8.2
17.5
11.1
6.8

(%)

226,280
41,271
185,009
34,54633,88723,534

1.2
7.1
(0.1)
(10.4)(5.9)(4.8)

179.47
12,477173.36
12,606

Yen (millions)
For the six months
ended September
30, 2012

For the year ending
March 31, 2013
(Forecasts)

(%)

(%)

Net sales.........................................................................
295,7118.5
151,232 (1.2)
303,000 2.5
Domestic ...................................................................
53,175 15.4
27,189 7.6
55,600 4.6
124,043 (2.9)
247,400 2.0
Overseas ....................................................................
242,536
7.0
Operating income ..........................................................
48,516 15.8
24,030 (10.8)
44,600 (8.1)
Income before income taxes ..........................................
46,9639.9
22,693 (7.4)
44,700 (4.8)
15,874 (7.2)
30,900 (4.9)
Net income attributable to Makita Corporation .............
32,497
8.7
Earning per share (Basic)
Net income attributable to116.94227.63Makita Corporation common shareholders (Yen)..........
236.78
Number of Employees ...................................................
12,563
12,793
Notes:
1. The table above shows the changes in the percentage ratio of Net sales, Operating income, Income before
income taxes, and Net income attributable to Makita Corporation against the corresponding period of theprevious year.
2. Please refer to “Qualitative Information on Consolidated Financial Performance Forecast” on page 4.

English translation of "KESSAN TANSHIN" originally issued in Japanese102. Consolidated Net Sales by Geographic Area
Yen (millions)
For the nine
For the year
months ended
ended
December 31,
March 31, 20122012

For the ninemonths ended
December 31,
2011

(%)

(%)

For the six
months ended
September 30,
2012

(%)

(%)

Japan ..................................................... 38,551
15.3
41,271
7.1
53,175
15.4
27,1897.6
91,331(2.5)
123,251
6.3
61,688(4.5)
Europe................................................... 93,666
8.3
North America ...................................... 28,189(2.0)
29,965
6.3
37,4751.0
19,400(2.1)
Asia....................................................... 19,813
11.6
21,445
8.2
26,013
12.7
14,2460.8
42,268(2.7)
55,79710.7
28,709(1.7)
Other regions ........................................ 43,454
13.9
Central and South America............. 18,117
19.4
17,020(6.1)
23,37015.2
11,005 (12.8)
Oceania........................................... 14,039
17.3
13,661(2.7)
17,780
15.6
9,225
(3.8)
11,587
2.6
14,647
(0.5)
8,479
21.0
The Middle East and Africa............ 11,298
2.7
Total...................................................... 223,673
9.3
226,280
1.2
295,7118.5
151,232(1.2)
Note: The table above sets forth Makita's consolidated net sales by geographic area based on the customer’s location forthe periods presented. Accordingly, it differs from operating segment information on page 9. The table aboveshows the changes in the percentage ratio of net sales compared to the corresponding period of the previous year.
3. Exchange Rates
Yen
For the ninemonths ended
December 31,
2011

For the ninemonths ended
December 31,
2012

78.96
110.6079.95
102.04

Yen/U.S. Dollar........
Yen/Euro ..................

For the year
ended
March 31, 2012
79.06
109.00For the six
months ended
September 30,
2012
79.41
100.54

For the year
endingMarch 31, 2013
(Forecasts)
81
105

4. Production Ratio (unit basis)
For the ninemonths ended
December 31,
2011

For the ninemonths ended
December 31,
2012

For the year
ended
March 31,2012

For the six
months ended
September 30,
2012

Composition ratio

Composition ratio

Composition ratio

Composition ratio

Domestic....................................
Overseas ....................................

12.5%
87.5%

11.7%
88.3%

12.2%
87.8%

5. Consolidated Capital Expenditures, Depreciation and Amortization, and R&D cost
Yen (millions)
For the nine
For the six
For the nine
For the year
months ended
months ended
months ended
ended
December 31,
September 30,
December 31,
March 31, 2012
2012
2012
2011
Capital expenditures ......
Depreciation andamortization.................
R&D cost .......................

11.1%
88.9%

For the year
endingMarch 31, 2013
(Forecasts)

10,406

7,979

13,481

4,055

13,000

5,264
6,101

5,419
6,171

7,237
7,603

3,549
4,039

7,500
8,500

English translation of "KESSAN TANSHIN" originally issued in Japanese

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