This document has been translated from the Japanese original for reference purposes only.
In the event of any discrepancy between this translated document and the Japanese original,
the original shall prevail. The Company assumes no responsibility for this translation or for
direct, indirect or any other forms of damages arising from the translation.

Financial Results for the Year Ended March 31, 2020
[Japanese GAAP] (Consolidated)
May 13, 2020
Company name: Tatsuta Electric Wire & Cable Co., Ltd.
Stock exchange listing: Tokyo Stock Exchange
Stock Code: 5809
URL: http://www.tatsuta.com
Representative: Hirohito Miyashita, President and Representative Director
Contact: Tetsuya Shibata, Director, Senior Executive Officer
Phone: +81-6-6721-3011
Scheduled date of General Meeting of Shareholders: June 19, 2020
Scheduled date of filing Annual Securities Report: June 19, 2020
Scheduled date of commencing dividend payments: June 1, 2020
Availability of supplementary briefing material on annual financial results: Available
Schedule of annual financial results briefing session: Not Scheduled(Amounts of less than one million yen are rounded down.)
1. Consolidated Financial Results for the Year Ended March 31, 2020 (April 1, 2019 to March 31, 2020)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Net sales
Fiscal year ended
March 31, 2020
Fiscal year ended
March 31, 2019

Operating income

Profit attributable toowners of parent
Million yen%

Ordinary income

Million yen%

Million yen%

Million yen%

58,171

0.3

3,781

(7.0)

3,917

(4.1)

2,740

(6.4)

57,9955.1

4,067(19.4)

4,087(21.7)

2,926(20.4)(Note) Comprehensive income: Fiscal year ended March 31, 2020: 1,870 million yen [(35.5)%]
Fiscal year ended March 31, 2019: 2,901 million yen [(28.8)%]

Fiscal year ended
March 31, 2020
Fiscal year ended
March 31, 2019

Basic earnings
per share
Yen

Diluted earnings
per share
Yen

Rate of return on
equity%%Operating profit
ratio
%

44.36

-

6.3

7.3

6.5

47.37

-

6.9

7.9

7.0

Return on assets(Reference) Equity in earnings of affiliates: Fiscal year ended March 31, 2020: NA
Fiscal year ended March 31, 2019: NA(2) Consolidated Financial Position
As ofMarch 31, 2020
As ofMarch 31, 2019

Total assets
Million yen

Net assets
Million yen

54,97052,397%

Net assets per share
Yen

44,13980.3

714.4343,31982.7

701.16(Reference) Equity: As of March 31, 2020: 44,139 million yen
As of March 31, 2019: 43,319 million yen(3) Consolidated Cash Flows

Fiscal year ended
March 31, 2020
Fiscal year ended
March 31, 2019

Equity ratio

Net cash provided by(used in) operating
activities
Million yen

Net cash provided by(used in) investing
activities
Million yen

Net cash provided by(used in) financing
activities
Million yen

Cash and cash
equivalents at end of
periodMillion yen

7,223(5,839)(1,050)

1,462

3,435

(2,577)(1,039)1,118

2. Dividends
Annual dividends

Fiscal year ended
March 31, 2019
Fiscal year ended
March 31, 2020
Fiscal year ending
March 31, 2021
(Forecast)Fiscal year ended
March 31, 2019
Fiscal year ended
March 31, 2020
Fiscal year ending
March 31, 2021
(Forecast)

1st quarter-end
Yen

2nd quarter-end
Yen

3rd quarter-end
Yen

Year-end

-

8.00

-

8.00

16.00

-

9.00

-

9.00

18.00

-

9.00

-

9.00

18.00

Yen

Total

Yen

Total dividend
Dividend payout Dividend on equity
paid out
ratio (consolidated)(consolidated)
Million yen
%
%
988

33.8

2.3

1,112

40.6

2.5

53.0

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2021 (April 1, 2020 toMarch 31, 2021)(% indicates changes from the previous corresponding period.)
Net sales
Million yen
First half
Full year

27,00051,700Operating income% Million yen(7.3)(11.1)

1,850
3,000

%
(9.7)
(20.7)

Ordinary income
Million
yen
1,850
3,000

%
(10.5)(23.4)

Profit attributableto owners ofparentMillion
%
yen
1,300
(9.0)
2,100
(23.4)

Profitper share
Yen
21.04
33.99

Notes:(1) Changes in significant subsidiaries during the period under review (changes in specified subsidiaries resulting
in changes in scope of consolidation): No
Newly added: NA
Excluded: NA(2) Changes in accounting principles, changes in accounting estimates and retrospective restatement
1) Changes in accounting principles due to the revision of accounting standards: No
2) Changes in accounting principles other than 1) above: No
3) Changes in accounting estimates: No4) Retrospective restatement: No(3) Total number of issued shares (common stock)1) Total number of issued shares at the end of the period (including treasury shares):
As of March 31, 2020
70,156,394 shares
As of March 31, 201970,156,394 shares2) Total number of treasury shares at the end of the period:
As of March 31, 2020
8,373,920 shares
As of March 31, 2019
8,373,369 shares
3) Average number of shares during the period:
Fiscal year ended March 31, 2020
61,782,768 sharesFiscal year ended March 31, 201961,783,485 shares* These consolidated financial results are outside the scope of audit by a certified public accountant or an audit
corporation.
* Explanation of the proper use of financial results forecast and other notes
The earnings forecasts and other forward-looking statements herein are based on information available to theCompany and certain assumptions deemed reasonable as at the date of publication of this document and should
not be interpreted as any kind of guarantee or promise by the Company to achieve such forecasts. In addition,
actual results may differ significantly from these forecasts due to a wide range of factors.
The supplemental financial information is scheduled to be disclosed on the TDnet on that same day as well ason the Company's website.

Table of Contents of Reference Materials
1. Overview of Business Results, etc. ............................................................................................................... 1(1) Overview of business results for the fiscal year under review .................................................................... 1(2) Overview of financial position for the fiscal year under review .................................................................. 4(3) Overview of cash flows for the fiscal year under review ............................................................................ 4(4) Basic policy on distribution of profits and dividends for the current term and next term............................... 5
2. Overview of Group Operations ..................................................................................................................... 6
3. Management Policy & Medium- to Long-Term Management Strategies .......................................................... 9(1) Basic Management Policy of the Group ................................................................................................... 9(2) Medium- to Long-Term Management Strategies of the Group ................................................................... 9(3) Issues to Be Addressed ......................................................................................................................... 10
4. Basic Approach to the Selection of Accounting Standards ............................................................................ 11
5. Consolidated Financial Statements ............................................................................................................. 12(1) Consolidated Balance Sheets ................................................................................................................ 12(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income .................... 14(3) Consolidated Statements of Changes in Equity ....................................................................................... 16(4) Consolidated Statements of Cash Flows................................................................................................. 18(5) Notes to the consolidated financial statements ........................................................................................ 20(Notes on the going concern assumption) ................................................................................................ 20(Notes on important matters for the preparation of consolidated financial statements) ................................. 20(Segment information, etc.) .................................................................................................................... 23(Per share information) .......................................................................................................................... 27(Important subsequent events) ................................................................................................................ 27

1. Overview of Business Results, etc.
(1) Overview of business results for the fiscal year under review(i) Operating results for the period under review
The Japanese economy during the fiscal year under review remained subdued in the first nine months, withimprovements in the employment environment offset by weakness in areas such as corporate earnings and capital
investment. Conditions deteriorated swiftly in the fourth quarter, due to the impact of COVID-19, resulting in a harshbusiness environment. Some signs of recovery were appearing in the world economy until the third quarter, despite acontinuing decline in demand due to prolonged US-China trade frictions, but conditions swiftly deteriorated in the
fourth quarter with the worldwide spread of COVID-19, and the slump in demand became yet more serious.
As for natural resource prices, oil prices and domestic quotation prices for copper both experienced steep declines
in the fourth quarter, due to factors including the economic slowdown resulting from the impact of COVID-19, andthe failure of oil-producing nations to reach consensus on reducing oil production. The year-end price was significantly
lower than the price at the beginning of the year, and average prices were also down year on year.
Under these circumstances, the Group engaged in establishing the business foundation, a management challenge
identified for the first period of the 2025 Long-Term Vision, as follows.
 For-profit businesses
Maintain market share, increase sales of high-margin products, and increase the stability and efficiency ofoperations in the electric wire and cable business (electric wires for infrastructure) and functional films business,etc.
 For-growth businesses
Develop and prepare to launch paste products for new uses, and new products in the medical equipment materials
business Mid- to long-term development businesses
Secure sales volume to establish a business base in the overseas equipment wire and cable business
These efforts to establish the business foundation progressed as planned in the for-profit businesses, but progress
lagged in the for-growth businesses and mid- to long-term development businesses, due mainly to the impact of aslump in demand.
The Group’s financial results are shown in the table below. Net sales increased slightly compared to the previous
fiscal year, while operating income, ordinary income, and profit attributable to owners of parent all decreased, as
factors such as the recognition of allowance for doubtful accounts and the effects of a decline in copper prices added
to an increasingly prolonged and deep slump in demand. The Group’s results fell short of the target for operating
income (5.0 billion yen) for the fiscal year ended March 31, 2020 established under the Long-Term Vision, as well as
the planned operating income (5.4 billion yen) for the fiscal year ended March 31, 2020 under the 2017-2019 MediumTerm Management Plan.

1

Net sales

Fiscal year ended
March 31, 2019(previous fiscal year)
57,995(Millions of yen, unless otherwise stated)

Fiscal year ended
March 31, 2020 (fiscal
year under review)
58,171

Year on yearchange0.3%

Operating income

4,067

3,781

(7.0)%

Ordinary income
Profit attributable toowners of parent

4,087

3,917

(4.1)%

2,926

2,740

(6.4)%

An overview of the Group’s business performance by segment is as follows:[Electric Wire and Cable Business]

Net sales

Fiscal year ended
March 31, 2019(previous fiscal year)
37,092

Operating income

601(Millions of yen, unless otherwise stated)

Fiscal year ended
March 31, 2020 (fiscal
year under review)
36,996
523

Year on yearchange(0.3)%(12.9)%

Demand in electrical wires and cables for domestic infrastructure, our flagship products, remained strong
throughout the fiscal year, thanks to demand related to the Tokyo Olympics, urban redevelopment, etc. This resulted
in a slight increase in sales volume (up 3.9% from the previous fiscal year). Sales of electric wires for appliancestargeting FA and precision industrial machinery in Japan and China fell significantly, due to the deterioration in theeconomic environment. As a result, segment net sales were largely unchanged from the previous fiscal year (down
0.3%), with the decline in copper prices, but operating income decreased (down 12.9% from the previous fiscal year),as the recognition of allowance for doubtful accounts in the electric wire and cable business added to the decline indemand for electric wires for appliances.
[Electronic Materials Business]

Net sales
Operating income

Fiscal year ended
March 31, 2019(previous fiscal year)
19,073
4,058(Millions of yen, unless otherwise stated)

Fiscal year ended
March 31, 2020 (fiscal
year under review)
19,1293,762

Year on yearchange0.3%(7.3)%

Sales volume for functional films, our flagship products, was largely unchanged from the previous fiscal year (up0.3%), as the delayed recovery in demand for mobile terminals throughout the fiscal year was offset by movements
to increase inventory in response to the impact of COVID-19 in the fourth quarter. Demand for functional paste was
expected to grow during the fiscal year, but full-scale development of new demand did not eventuate, due to thepostponement of development and investment activities by our customers, under the effects of the deteriorating
economic environment. As a result, segment net sales were at the same level as in the previous fiscal year (up 0.3%),
but operating income decreased (down 7.3% from the previous fiscal year) due to factors such as an increase indevelopment costs.

2

[Other Businesses]

Net sales

Fiscal year ended
March 31, 2019(previous fiscal year)
1,871

Operating income

98(Millions of yen, unless otherwise stated)

Fiscal year ended
March 31, 2020 (fiscal
year under review)
2,073
159

Year on yearchange10.8%
62.3%

Despite a delay in revenue contribution by the medical equipment materials business, the sensor business andenvironmental analysis business performed strongly, and both net sales and operating income increased (up 10.8%
and 62.3% from the previous fiscal year, respectively).
(ii) Earnings forecasts for the next term

The future outlook is extremely uncertain for both the domestic and global economy at present, with thecontinuing spread of COVID-19 in addition to US-China trade frictions, a slump in the demand for oil, and thepersistence of unresolved issues such as Brexit.
In this environment, we will first of all secure the safety of our employees and society through intensive
measures to prevent the spread of COVID-19, and fulfill our responsibility to maintain supply to our customers.
In addition, in the electric wire and cable business for domestic infrastructure, which is expected to experiencerobust demand, we will continue to strive to increase sales of high-margin products, and reduce costs. In thefunctional films business and equipment wire and cable business, which have international supply chains and are
sensitive to changes in international business conditions, we will engage in even closer cooperation with customers,
develop products and services to meet customer needs, accurately grasp opportunities represented by recovery indemand, and strive for a quick recovery in sales volume.
Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2021
(Millions of yen)

Net sales

Operating income

Ordinary income

Profit attributable toowners of parent

First half

27,000

1,850

1,850

1,300

Full year(Reference)
Fiscal year ended
March 31, 2020

51,700

3,000

3,000

2,100

58,171

3,781

3,917

2,740

The financial results forecast for the fiscal year ending March 31, 2021 is based on the current forecast that
the COVID-19 problem will continue to have an impact on sales during the fiscal year.

3(2) Overview of financial position for the fiscal year under review
Financial position of the overall business and that by segment stated in segment information(i)

Financial position of the overall businessTotal assets at the end of the fiscal year under review increased by 2,573 million yen from the end of the previous

fiscal year to 54,970 million yen, mainly due to an increase in short-term loans receivable.
Total liabilities increased by 1,753 million yen from the end of the previous fiscal year to 10,831 million yen
primarily as a result of increases in retirement benefit liability and notes and accounts payable - trade.
Total net assets increased by 819 million yen from the end of the previous fiscal year to 44,139 million yen mainly
due to an increase in retained earnings, resulting from the posting of profit attributable to owners of parent, despite adecrease caused by payment of dividends.
As a result, the equity ratio decreased by 2.4 percentage points from the end of the previous fiscal year to 80.3%.
(ii)

Financial position by segment stated in segment information[Electric Wire and Cable Business]
Segment assets at the end of the fiscal year under review decreased by 1,517 million yen from the end of the previous
fiscal year to 24,778 million yen. The decrease is mainly due to a decrease in notes and accounts receivable - trade.
[Electronic Materials Business]
Segment assets at the end of the fiscal year under review decreased by 258 million yen from the end of the previous
fiscal year to 12,144 million yen. The decrease is primarily due to a decrease in inventories, although property, plantand equipment increased because of capital expenditures.
[Other Businesses]
Segment assets at the end of the fiscal year under review increased by 236 million yen from the end of the previous
fiscal year to 1,369 million yen. The increase is primarily due to an increase in notes and accounts receivable – trade
attributable to strong net sales and an increase in property, plant and equipment because of capital expenditures.
[Corporate assets]
Corporate assets at the end of the fiscal year under review increased by 4,112 million yen from the end of theprevious fiscal year to 16,678 million yen due to an increase in short-term loans receivable.

(3) Overview of cash flows for the fiscal year under review
Cash and cash equivalents (hereinafter referred to as “funds”) at the end of the fiscal year under review amounted
to 1,462 million yen, an increase of 343 million yen from the end of the previous fiscal year.
Overall cash flows and the reasons therefor are as follows:(Cash flows from operating activities)
Net cash provided by operating activities amounted to 7,223 million yen, an increase by 3,787 million yen from the4previous fiscal year, with netting factors such as profit before income taxes and posting of depreciation contributing
to capital increase and factors contributing to a capital decrease including income taxes paid.
(Cash flows from investing activities)
Net cash used in investing activities resulted in a net cash outflow of 5,839 million yen, an increase in cash outflow
by 3,262 million yen from the previous fiscal year, due primarily to an increase in short-term loans receivable and thepurchase of property, plant and equipment.
(Cash flows from financing activities)
Net cash used in financing activities resulted in a net cash outflow of 1,050 million yen mainly due to cash dividends
paid, an increase in net cash outflow by 11 million yen from the previous fiscal year.
(Information on financial resources of capital and liquidity of funds)
The Group plans to continue proactive investments toward the achievement of the “2025 Long-Term Vision”.
Although we plan to procure necessary funds from funds on hand in the near term, we will execute borrowings ifnecessary.
(4) Basic policy on distribution of profits and dividends for the current term and next term
The Company's basic policy on dividends, etc., is to provide stable dividend payments on a continuing basis with atarget of a dividend payout ratio of 30%. It makes a determination by comprehensively taking trends of businessperformance and future capital expenditures into consideration. The Company intends to pay the year-end dividendof 9 yen per share, resulting in a total dividend of 18 yen per share for the year including the interim dividend.
As for the next fiscal year, the Company intends to pay a total dividend of 18 yen per share with an interim dividendof 9 yen and a year-end dividend of 9 yen.

5

2. Overview of Group Operations
The Company's Group is comprised of the Company and six subsidiaries, and is engaged in the electric wire and cablebusiness, the electronic materials business, as well as the sensor and medical products business, and the environmental
analysis business etc.
The details of businesses of the Company's Group and the positioning of subsidiaries in each business segment are as
follows.
Reporting segment

Details of businessPrimary company(s)Electric Wire and Cable

Electric wire and cable business

The Company

Business

Manufacturing and sales of wires forinfrastructure and general industrial
machinery
Equipment wire and cable business

The Company, Chugoku Electric

Manufacturing and sales of wires for FAs

Wire & Cable Co., Ltd., Tatsuta

and precision industrial machinery

Tachii Electric Cable Co., Ltd.,
Changzhou Tatsuta Chugoku Electric
Wire & Cable Co., Ltd.

Electronic Materials Business

Functional films business

The Company

Manufacturing and sales of EMI shielding
film etc. for electronic equipment
Functional paste business

The Company

Manufacturing and sales of conductive
paste, etc. for electronic equipment
Bonding wire business

The Company, TATSUTA

Manufacturing and sales of ultra-fine

ELECTRONIC MATERIALS

bonding wires for wiring of electronic

MALAYSIA SDN. BHD.

parts

6

Other Businesses

Sensor & medical products business(Sensor business)
Manufacturing and sales of water leakage
detection systems, intrusion monitoring
systems, access control systems, and otherequipment systems, as well as visible
wavelengths fiber devices, optical fiber
couplers, and other photo-electronics

The Company

products(Medical equipment materials business)
Manufacturing and sales of equipment,
components, and materials for medicaluse, including sensors, tubes, and wires for
medical use.
Environmental analysis business

Tatsuta Environmental Analysis

Measurement and analysis of water

Center Co., Ltd.

quality, air, noise, vibration and odor;
research and analysis of toxic substance,
soil pollution and asbestos(Notes) 1. The Electronic Materials Business segment previously consisted of two businesses: "Functional Materials
Business" and "Bonding Wire Business." However, Functional Materials Business has been split into
"Functional Films Business" and "Functional Paste Business."
2. The Other Businesses segment previously consisted of three businesses: "Equipment System Business,""Optical Components Business," and “Environmental Analysis Business." However, the contents of theEquipment System Business and the Optical Components Business have been adjusted and they have beenreorganized into "Sensor & Medical Products Business (Sensor Business)" and "Sensor & Medical Products
Business (Medical Equipment Materials Business)."

7

The Group's business organization chart is as follows:

Subsidiaries of other affiliate
Pan Pacific Copper Co., Ltd., etc.
Subsidiary* Chugoku Electric Wire & Cable Co., Ltd.
(manufacture, sale)
Subsidiary* Changzhou Tatsuta Chugoku Electric Wire & Cable
Co., Ltd.
(manufacture, sale)
Subsidiary* Tatsuta Tachii Electric Cable Co., Ltd.
(manufacture, sale)
Subsidiary* Tatsuta Environmental Analysis Center Co., Ltd.
(service provision)
Subsidiary* Tatsuta Welfare Service Co., Ltd.
(service provision)
Subsidiary* TATSUTA ELECTRONIC MATERIALSMALAYSIA SDN. BHD.
(manufacture, sale)Note 1
Note 2* Consolidated subsidiaries
Products
Services
Materials

8

Customers

Manufacture and Sales

The Company

Other affiliates
JXTG Holdings, Inc.
JX Nippon Mining & Metals Corporation

3. Management Policy & Medium- to Long-Term Management Strategies(1) Basic Management Policy of the GroupThe basic management policy of the Group is:1) Based on our core businesses of electric wire/cable and electronic materials and with overwhelming vitality andspeed, we will continuously and proactively take up the development of businesses that will lead the next
generation. At the same time, we will also promote consolidated management that is both highly conscientious
and transparent, so that we may create sustainable growth and improve medium- to long-term corporate value,and2) Consider global environmental problems while providing products and services with characteristics that will meetcustomer needs and thus also contribute to the sustainable growth and development of society.
(2) Medium- to Long-Term Management Strategies of the GroupThe Company has established “2025 Long-Term Vision” as a long-term management plan, spanning the period
from the fiscal year ended March 31, 2018 to the fiscal year ending March 31, 2026, and we are earnestly striving
towards its realization.
[2025 Long-Term Vision]
Our goal is to achieve net sales of 100 billion yen and operating income of 10 billion yen in the fiscal year ending
March 31, 2026. We will explore the frontiers of electric wire and electronic materials with the aim of becoming aniche top supplier that provides unique cutting-edge parts and materials.
To this end, we will actively invest in the fields which are expected to achieve market expansion, namely, functional
paste and medical equipment materials, in pursuit of growth. For other existing business fields, we will implement
strategies such as promoting investment to help enhance efficiency and shifting our operational focus to high margin
products to pursue the optimization of profit earning.
Our approaches to realizing these aims for each class of business are as follows.
[Electric wire and cable business]
Electric wire and cable business,domestic equipment wire and cable
Promote investment to help enhancebusiness
efficiency and shift operational focus to
For-profit[Electronic materials business]high margin products to pursue thebusinesses
Functional films business, bonding wire
optimization of profit earning.
[Other businesses] Sensor business,environmental analysis business[Electronic materials] Functional paste
Actively implement investment in
For-growthbusinessdevelopment and production increases tobusinesses[Other businesses] Medical equipment
pursue greater scale and expand revenue.
materials business
Focus on establishing the businessfoundation at present; after this is[Electric wire and cable business]
Mid- to long-term
complete, implement investment inoverseas equipment wire and cabledevelopment
production increases, and pursue greaterbusinessbusinesses
scale and expanded revenue in the
future.

9Our roadmap for the first, second and third period of the nine-year term of the Long-Term Vision (the fiscal years
ending March 31, 2018-2020, 2021-2023 and 2024-2026 respectively) is as follows.
PeriodFirst period(Fiscal years
ending March 31,
2018-2020)

Second period(Fiscal years
ending March 31,
2021-2023)

Third period(Fiscal years
ending March 31,
2024-2026)

Main challenges[Establish the business foundation]
For-profit businesses: increase efficiency andreduce costs
For-growth businesses: commence sales oftrial products
Mid- to long-term development businesses:
expand sales (build competitive strength)[Shift to mass production of products]
For-profit businesses: increase efficiency andreduce costs
For-growth businesses: commence sales ofmass-produced products
Mid- to long-term development businesses:
enhance systems to increase production[Increase production of new products andcontribute to revenue]
For-profit businesses: increase efficiency andreduce costs
For-growth businesses: increase productionand expand sales
Mid- to long-term development businesses:
increase production and expand sales

Target operating income

Fiscal year ending March 31, 2020:
5,000 million yen

Fiscal year ending March 31, 2023:
7,000 million yen

Fiscal year ending March 31, 2026:
10,000 million yen(3) Issues to Be Addressed
During the first period of the 2025 Long-Term Vision, from the fiscal year ended March 31, 2018 to the fiscal year
ended March 31, 2020, as stated in “1. Overview of Business Results, etc.,” our efforts towards achieving thechallenge of establishing the business foundation generally progressed as planned in our for-profit businesses, but
progress lagged in for-growth businesses and mid- to long-term development businesses, due to the effects of a slump
in demand.
The fiscal year ending March 31, 2021 is the first year of the second period of the Long-Term Vision, but the shortterm challenges for this period are those stated in “1. Overview of Business Results, etc.” We will earnestly strive torealize the 2025 Long-Term Vision, based on the medium-term policies and challenges for the second period
presented below.
Medium-term policies
For-profit
businesses

Maintain and expand sales volume, improve product mix, and maximize revenue
through more efficient production.

For-growthbusinesses

Recover from the delays in new product development in the first period of the LongTerm Vision, in preparation for increasing production and revenue contribution fromnew products in the third period; launch and commence mass production of new
products.

Mid- tolong-term
development
businesses

Establish full-scale sales, and prepare for business expansion in the third period of theLong-Term Vision.

10Medium-term policies

Electric wireand cablebusiness

Electronicmaterials
business

Otherbusinesses[For-profit businesses]
・Electric wire and cable business
Increase sales of high-margin products and strengthen cost-competitiveness・Domestic equipment wire and cable business
Provide products and services to meet customer needs and expand into growthmarkets[Mid-to long-term development businesses]
・Overseas equipment wire and cable business
Diversify sales channels, expand target markets and expand production base[For-profit businesses]
・Functional films business
Pursue efficient production systems to secure profitability while maintaining
market share, and expand into new related fields
・Bonding wire business
Expand sales of silver wire for memory chips, and copper wire for automotive
applications[For-growth businesses]
・Functional paste business:
Promptly commence mass production and sales of product groups developed in thefirst period of the Long-Term Vision, and promote new product development[For-profit businesses]
・Sensors business
Provide products and services to meet customer needs, through deeper cooperation
with customers
・Environmental analysis business
Expand analysis services and strengthen cost-competitiveness[For-growth businesses]
・Medical equipment materials business:
Promptly commence mass production and sales of OEM product groups

We have postponed the announcement of the Medium-Term Management Plan for fiscal year ending March 31, 2021
through fiscal year ending March 31, 2023, as our demand assumptions for flagship products are changing dramatically inlight of the spread of COVID-19 and expectations that it will be a prolonged issue, and we are presently unable to make arational forecast regarding the medium- to long-term sales environment. Nevertheless, products and services we provide
are necessary for the development of the IoT, AI, and 5G communications, as well as the advance of medicine, and ourview that demand will expand in the medium and long term remains unchanged. During the second period of the LongTerm Vision, we will proceed as swiftly as possible with the launch and mass-production of new products for new purposesin our functional paste business and medical equipment materials business, which are for-growth businesses, and devote
ourselves wholeheartedly to achieving the goals of our Long-Term Vision.

4. Basic Approach to the Selection of Accounting Standards
The policy of the Group is to prepare its consolidated financial statements under the Japanese standards, inconsideration of the comparability of its consolidated financial statements between periods and other factors.
Meanwhile, we intend to address the future application of IFRS in a timely and appropriate manner upon taking
both internal and external environments into consideration.

11

5. Consolidated Financial Statements(1) Consolidated Balance Sheets(Millions of yen)
As of March 31, 2019
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - tradeFinished goods
Work in process
Raw materials and supplies
Short-term loans receivable
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation
Buildings and structures, net
Machinery, equipment and vehicles
Accumulated depreciation
Machinery, equipment and vehicles, net
Tools, furniture and fixtures
Accumulated depreciation
Tools, furniture and fixtures, net
LandConstruction in progress
Total property, plant and equipment
Intangible assets
Software
Software in progress
Right to use facilities
Other
Total intangible assets
Investments and other assets
Investment securities
Long-term prepaid expenses
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

12

As of March 31, 2020

1,118
17,496
1,939
5,770
978
6,995
513
(0)
34,811

1,462
16,682
2,416
4,609
897
10,660339(205)
36,864

18,482(10,781)
7,701
20,978(18,408)
2,570
3,018
(2,594)
423
3,799
788
15,28319,098(11,222)
7,876
21,746(19,184)
2,562
3,078
(2,707)
371
3,799
947
15,556

118
19
5
11
155

143
7
5
8
165

1,032
33
974
114
(7)
2,147
17,58552,397

815
23
1,433
118
(7)
2,384
18,10654,970(Millions of yen)
As of March 31, 2019
Liabilities
Current liabilities
Notes and accounts payable - trade
Current portion of long-term borrowings
Accounts payable – otherAccrued expenses
Income taxes payable
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Provision for environmental measures
Retirement benefit liability
Asset retirement obligations
Deferred tax liabilities
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Total net assets
Total liabilities and net assets

13

As of March 31, 2020

3,382
1,116
1,360
375
715
6,950

3,963
1,000
926
1,493
843
721
8,948

1,000
80
796
163
1
84
2,127
9,077

110
1,599
62
0
110
1,883
10,831

6,676
4,516
34,493(2,457)43,2286,676
4,516
36,183(2,458)44,918

231
91
(58)
(174)
91
43,31952,397

142
(308)
(57)
(555)
(779)
44,13954,970(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income
Consolidated Statements of Income(Millions of yen)

Net sales
Cost of sales
Gross profit
Total selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Royalty income
Subsidy income
Other
Total non-operating income
Non-operating expenses
Interest expenses
Foreign exchange losses
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sales of investment securities
Insurance claim income
Total extraordinary income
Extraordinary losses
Loss on valuation of investment securities
Impairment loss
Loss on abandonment of non-current assets
Loss on disaster
Head office relocation expenses
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitProfit attributable to owners of parent

14

Previous fiscal year
(From April 1, 2018 toMarch 31, 2019)57,99544,61013,3849,317
4,067

Current fiscal year
(From April 1, 2019 toMarch 31, 2020)
58,17144,367
13,803
10,021
3,781

6
23
19
4
32
85

7
23
18
89
30
168

15
27
23
65
4,087

9
15
7
32
3,917

4
2
7

106
59
166

28
74
149
252
3,842
1,001
(85)
915
2,926
2,926

57
5
63
4,020
1,336
(56)
1,279
2,740
2,740

Consolidated Statements of Comprehensive Income(Millions of yen)

ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent

15

Previous fiscal year
(From April 1, 2018 toMarch 31, 2019)
2,926

Current fiscal year
(From April 1, 2019 toMarch 31, 2020)
2,740

(30)
160
(11)
(143)
(25)
2,901

(89)
(400)
0
(380)
(870)
1,870

2,901

1,870

(3) Consolidated Statements of Changes in Equity
Previous fiscal year (From April 1, 2018 to March 31, 2019)(Millions of yen)
Shareholders' equity
Share capital

Capital surplus

6,676

Balance at beginning of period

Retainedearnings

4,516

Treasury shares

32,555

Total
shareholders'equity(2,457)

41,290Changes during period
Dividends of surplus

(988)

(988)

Profit attributable to owners of parent

2,926

2,926
(0)

Purchase of treasury shares(0)

Net changes in items other thanshareholders' equity–

Total changes during period
Balance at end of period

–

–

1,938

(0)

1,937

6,676

4,516

34,493(2,457)43,228

Accumulated other comprehensive income

Balance at beginning of period

Valuationdifference on
available-forsale securities

Deferred gains orlosses on hedges

Foreign currencytranslation
adjustment

Remeasurementsof defined benefit
plans

Total accumulated
othercomprehensive
income

262

(69)

(46)

(31)

116

Total net assets

41,406

Changes during period
Dividends of surplus(988)

Profit attributable to owners of parent

2,926
(0)

Purchase of treasury shares
Net changes in items other thanshareholders' equity

(30)

160

(11)

(143)

(25)

(25)

Total changes during period

(30)

160

(11)

(143)

(25)

1,912

Balance at end of period

231

91

(58)

(174)

91

43,31916

Current fiscal year (From April 1, 2019 to March 31, 2020)(Millions of yen)
Shareholders' equity
Share capital
6,676

Balance at beginning of period

Retainedearnings

Capital surplus
4,516

Total
shareholders'equityTreasury shares

34,493(2,457)43,228Changes during period
Dividends of surplus
Profit attributable to owners of parent(1,050)(1,050)

2,740

2,740
(0)

Purchase of treasury shares(0)

Net changes in items other thanshareholders' equity

–
–

–

1,690

(0)

1,690

6,676

4,516

36,183(2,458)44,918

Total changes during period
Balance at end of period

Accumulated other comprehensive income

Balance at beginning of period

Valuationdifference on
available-for-salesecurities

Deferred gains orlosses on hedges

Foreign currencytranslation
adjustment

Remeasurementsof defined benefit
plans

Total accumulated
othercomprehensive
income

231

91

(58)

(174)

91

Total net assets

43,319Changes during period(1,050)

Dividends of surplus

2,740

Profit attributable to owners of parent(0)

Purchase of treasury shares
Net changes in items other thanshareholders' equity

(89)

(400)

0

(380)

(870)

Total changes during period(89)

Balance at end of period

142

(400)

0

(380)

(870)

819

(308)

(57)

(555)

(779)

44,13917(870)

(4) Consolidated Statements of Cash Flows(Millions of yen)Previous fiscal year
(From April 1, 2018 toMarch 31, 2019)

Cash flows from operating activities
Profit before income taxes
Depreciation
Impairment loss
Increase (decrease) in retirement benefit liability
Decrease (increase) in retirement benefit asset
Increase (decrease) in provision for business restructuring
Increase (decrease) in allowance for doubtful accounts
Interest and dividend income
Loss (gain) on sales and valuation of investment securities
Subsidy income
Insurance claim income
Loss on disaster
Interest expenses
Loss on retirement of non-current assets
Decrease (increase) in trade receivables
Decrease (increase) in inventories
Decrease (increase) in other assets
Increase (decrease) in trade payables
Increase (decrease) in accounts payable - other
Increase (decrease) in accrued expenses
Increase (decrease) in accrued consumption taxes
Increase (decrease) in other liabilities
SubtotalInterest and dividends received
Interest paid
Income taxes paid
Subsidies received
Proceeds from insurance income
Payments associated with disaster loss
Net cash provided by (used in) operating activities

3,842
1,676
220
76
(12)
0
(29)
(4)
(4)
(2)
74
15
173
(278)
(132)
120
(271)
8
(22)
132
(236)
5,346
29
(15)
(1,910)
4
2
(20)
3,435

18

Current fiscal year
(From April 1, 2019 toMarch 31, 2020)
4,020
1,836
5
253
204
(30)
(49)
(89)
(59)
9
1
808
759
78
523
(123)
132
162
(426)
8,018
30
(9)
(890)
69
59
(53)
7,223

(Millions of yen)Previous fiscal year
(From April 1, 2018 toMarch 31, 2019)

Cash flows from investing activities
Purchase of investment securities
Proceeds from sales of investment securities
Purchase of property, plant and equipment
Purchase of intangible assets
Net decrease (increase) in short-term loans receivable
Other, net
Net cash provided by (used in) investing activities
Cash flows from financing activities
Repayments of long-term borrowings
Dividends paid
Purchase of treasury shares
Other, net
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period

19

Current fiscal year
(From April 1, 2019 toMarch 31, 2020)(4)
5(3,532)
(63)
1,046
(27)
(2,577)(4)
122(2,176)(65)(3,665)(50)(5,839)

(50)
(988)
(0)
(0)
(1,039)
13
(167)
1,286
1,118

(1,050)(0)(1,050)
10
343
1,118
1,462

(5) Notes to the consolidated financial statements(Notes on the going concern assumption)
N/A(Notes on important matters for the preparation of consolidated financial statements)
1. Scope of the consolidation(1) Number of consolidated subsidiaries: 6
Chugoku Electric Wire & Cable Co., Ltd.
Tatsuta Tachii Electric Cable Co., Ltd.
Tatsuta Environmental Analysis Center Co., Ltd.
Tatsuta Welfare Service Co., Ltd.
Changzhou Tatsuta Chugoku Electric Wire & Cable Co., Ltd.
TATSUTA ELECTRONIC MATERIALS MALAYSIA SDN. BHD.
(2) Number of non-consolidated subsidiaries: 2(Reason for exclusion from the scope of consolidation)
These non-consolidated subsidiaries are excluded from the scope of consolidation, because they are small in size
and their respective total assets, net sales, net income (corresponding to equity held by the Company) and retained
earnings (corresponding to equity held by the Company) of these companies have little impact on the consolidated
financial statements.
2. Application of the equity method
Number of non-consolidated subsidiaries that are not accounted for by the equity method: 2(Reason for non-application of the equity method)
Non-consolidated subsidiaries that are not accounted for by the equity method are excluded from the scope of theapplication of the equity method, because their respective net income (corresponding to equity held by the Company)
and retained earnings (corresponding to equity held by the Company) have little impact on the consolidated financial
statements even if they are excluded from the scope of the equity method, as well as have minor significance as awhole.
3. Fiscal years, etc., of the consolidated subsidiaries
The closing date of Changzhou Tatsuta Chugoku Electric Wire & Cable Co., Ltd. and TATSUTA ELECTRONIC
MATERIALS MALAYSIA SDN. BHD., which are among the Company's consolidated subsidiaries, is December 31.
The consolidated financial statements of these consolidated subsidiaries were prepared using the financial documents
dated as of such closing date. Necessary adjustments are made on any significant transactions that took place between
this date and the consolidated closing date.
The final day of the fiscal year of other consolidated subsidiaries is the same as the closing date of the consolidated
fiscal year.
4. Notes to accounting policies(1) Valuation basis and methods for significant assetsa) Marketable securities
Other marketable securities
Securities with market value:
Market value method based on the market value, etc., at the end of the consolidated fiscal year (anyvaluation gain or loss to be reported in a designated component of net assets; cost of sale to be computed by
the moving-average method).
20

Securities without market value
Stated at cost based on the moving average method.
b) Derivatives
Stated at fair valuec) Inventories
Stated at cost mainly using the gross monthly average method (book value is written down based on thedecreased profitability).
(2) Depreciation method of significant depreciable assetsa) Property, plant and equipment: Declining-balance method
Straight-line method for buildings (excluding facilities attached to buildings) acquired on or after April 1, 1998
and facilities attached to buildings and structures acquired on or after April 1, 2016
Useful lives of major items are as follows:
Buildings and structures: 15 to 38 years
Machinery, equipment and vehicles: 4 to 8 yearsb) Intangible fixed assets (excluding leased assets): Straight-line method
Straight-line method for software, which is used in the Company, based on the life in the Company (5 years)(3) Standards of accounting for significant provisionsa) Allowance for doubtful receivables
In order to provide for losses due to doubtful receivables and bad debts, etc., an amount based on the percentageof actual historical bad debts is recorded for ordinary receivables, and the estimated amounts of irrecoverable
debt based on the estimated recoverability of individual cases is recorded for specified receivables such as
doubtful receivables.
b) Provision for environmental measures
The Company provided an estimated disposal cost to cover expenditures such as the disposal of PCB waste
required under the “Law Concerning Special Measures for Promotion of Appropriate Disposal of PCB(polychlorinated biphenyl) Waste.”(4) Accounting methods for retirement benefits(i) Method of attributing the projected amount of retirement benefit to the period
In calculating retirement benefit obligations, the Company uses the benefit formula method to allocate theprojected retirement benefit for the period up to the end of the consolidated fiscal year under review.
(ii) Method of amortizing actuarial gain and loss and past service cost
Past service cost is amortized by the straight-line method over the average remaining years of service of theemployees (11 years).
Actuarial gain and loss are written off in the year following the consolidated fiscal year in which the gain orloss is recognized by the straight-line method over the average remaining years of service of the eligible
employees (11 years).
(iii) Application of the simplified method to small-size companies, etc.
For some consolidated subsidiaries, a simplified method is applied for the calculation of retirement benefit
obligations and retirement benefit expenses in which the necessary retirement benefit provisions for voluntary
resignations at the end of the fiscal year are recorded as retirement benefit obligations.
(5) Basis for the conversion of important foreign-currency assets or liabilities into Japanese yen
21Monetary receivables and payables denominated in foreign currencies are translated into Japanese yen at theexchange rate at the balance sheet date. The foreign exchange gains and losses from translation are recognized in
profit or loss. Assets and liabilities of overseas subsidiaries, etc., are translated into Japanese yen using the spot
exchange rate on the consolidated balance sheet date thereof. Revenue and expenses are translated into Japanese
yen using the average exchange rates of the consolidated fiscal year. The translation differences are included inforeign currency translation adjustment in the net assets section.

(6) Method of important hedge accountinga) Method of hedge accounting
The Company has adopted the deferred hedge accounting method. Certain forward exchange contracts are
subject to appropriation if they satisfy the requirements of appropriation treatment (“furiate-shori”).
b) Hedging instruments and hedged items
Hedge accounting was applied to the following hedging instruments and hedged items during the consolidated
fiscal year under review.
(Hedging instruments)(Hedged items)
Foreign exchange forward contracts
Foreign currency receivable and payable, etc.
Commodity derivatives
Raw materialsc) Hedging policy
Foreign exchange forward contracts and commodity derivatives are used to hedge the foreign currency risk on
the hedged items and the price fluctuation risk of raw materials in accordance with the internal rules.
d) Method to evaluate effectiveness of hedging
The effectiveness of hedging is assessed based on the market fluctuation of hedging instruments and hedged
items through the comparison of the cumulative amount thereof for the period from the commencement ofhedging to evaluate the effectiveness thereof.
(7) Scope of funds in the consolidated cash flow statement
Funds in the consolidated cash flow statement (cash and cash equivalents) consists of cash on hand, deposits thatcan be withdrawn at any time, and short-term investments with a maturity of three months or less when purchased
which can easily be converted to cash and are subject to little risk of change in value.
(8) Other important matters for the preparation of consolidated financial statementsa) Accounting of consumption taxes
Tax exclusion methodb) Application of consolidated tax payment system
AppliedApplication of tax effect accounting relating to transition from consolidated tax payment system to group tax
sharing system
Regarding the transition to the group tax sharing system established by the Act for Partial Revision of the
Income Tax Act, etc. (Act no. 8 of 2020) and the items reviewed on non-consolidated taxation system in linewith the transition to the group tax sharing system, in accordance with the treatment specified under Paragraph
3 of "Practical Solution on the Treatment of Tax Effect Accounting for the Transition from the Consolidated
Taxation System to the Group Tax Sharing System" (PITF No.39; March 31, 2020), the Company and its
domestic consolidated subsidiaries follow the provisions under tax laws before amendment with respect to theamounts of deferred tax assets and deferred tax liabilities, without applying the provisions under Paragraph 44of "Implementation Guidance on Tax Effect Accounting" (ASBJ Guidance No. 28; February 16, 2018).
22

(Segment information, etc.)[Segment information]
1

Outline of reportable segments
The reportable segments of the Company are components of the Company about which separate financial
information is available and are evaluated regularly by the Board of Directors in deciding how to allocate resources
and in assessing performance.
The Company consists of business segments by product and service based on operating divisions and operatingcompanies. Categories of reportable segments and key products, etc., relating to the respective reportable segments
are as follows:
Reportable segment

Key products, etc.

Electric Wire and Cable Business

Bare wires, cables (for electric power, fiber optic andtelecommunication), covered wires

Electronic Materials Business

Functional film, functional paste, bonding wires

2

Basis for calculating sales, profit and loss, assets and other items by reportable segment
The method for the accounting process of reportable segments is equivalent to the method described in “Notes
on important matters for the preparation of consolidated financial statements.” Segment performance is evaluatedbased on operating income or loss. Profit of reportable segments figures are based on operating income. Inter-segment
revenue and transfer within the segments are based on the prevailing market price.

3 Information on amounts of sales, profit or loss, assets and other items by reportable segments
Previous consolidated fiscal year (from April 1, 2018 to March 31, 2019)
Reportable segment
Electric
Wire and
Cable
Business

Other
Business(Note 1)

Electronic
Materials
Business

Subtotal

37,092

19,07356,166―――37,092

19,07356,166

Segment profit (loss)

601

4,058

4,659

Segment assets
Other items
Depreciation andamortization
Increase in property,
plant, equipment
and intangible
assets26,296

12,40338,699

683

804

1,488

79

1,199

665

1,864

84

Net sales
Net sales to externalcustomers
Net intersegment sales
or transfer
Total

Total

1,829 57,995(Millions of yen)Amounts statedin
Adjustment
consolidated(Note 2)
financialstatements(Note 3)―57,995

42

(42)

―

1,871 58,037(42)

57,995

4,758

(690)

4,067

1,132 39,831

12,56552,397

1,567

108

1,676

1,948

1,480

3,429

42
98

(Notes)1. “Other Business” is a business segment that is not included in the reportable segments, and comprises
the equipment system product business, the optical components business and the environmental
analysis business.
2. The adjustment is as follows:23

(1) The adjustment to segment profit (loss) of negative 690 million yen represents 12 million yen in intersegment eliminations and negative 703 million yen of corporate assets not allocated to each reportablesegment. Corporate assets mainly include general administrative expenses and research expenses thatare not attributable to reportable segments.
(2) The adjustment to segment assets of 12,565 million yen represents negative 2,046 million yen in offsets
against receivables of the administrative division of headquarters and 14,612 million yen of corporate
assets not allocated to each reportable segment. Corporate assets mainly include funds to manage
surplus assets (cash and short-term loans receivable), long-term investment funds (investment
securities), deferred tax assets, and assets related to the administration and research divisions (generalaffairs, basic research).
(3) The adjustment to increase in property, plant, equipment and intangible assets of 1,480 million yen
represents capital investment including headquarters building, and administration and researchdivisions (general affairs, basic research).
3. Segment profit (loss) is adjusted to operating income in the consolidated financial statements.
Consolidated fiscal year under review (from April 1, 2019 to March 31, 2020)
Reportable segment
Subtotal

Other
Business(Note 1)

Total

Adjustment(Note 2)

19,12956,125

2,045

58,171－

58,171

－

－

－

27

27

(27)

－

36,996

19,12956,125

2,073

58,198(27)

58,171

523

3,762

4,286

159

4,446

(664)

3,781

24,77812,14436,923

1,369

38,292

16,67854,970

812

749

1,562

95

1,657

178

1,836

729

1,141

1,870

158

2,029

98

2,128

Electric
Wire and
Cable
Business

Electronic
Materials
Business

Net sales
Net sales to externalcustomers
Net intersegment
sales or transfer

36,996

Total
Segment profit (loss)
Segment assets
Other items
Depreciation andamortization
Increase inproperty, plant,
equipment andintangible assets(Millions of yen)Amounts statedin consolidated
financialstatements(Note 3)(Notes)1. “Other Business” is a business segment that is not included in the reportable segments, and comprises the sensor
and medical products business and the environmental analysis business. The equipment system business and theoptical components business described in the previous year have been reorganized into the sensor and medical
products business.
2. The adjustment is as follows:(1) The adjustment to segment profit (loss) of negative 664 million yen represents 12 million yen in inter-segment
eliminations and negative 677 million yen of corporate assets not allocated to each reportable segment.
Corporate assets mainly include general administrative expenses and research expenses that are not attributableto reportable segments.
(2) The adjustment to segment assets of 16,678 million yen represents negative 2,059 million yen in offsets against24

receivables of the administrative division of headquarters and 18,737 million yen of corporate assets notallocated to each reportable segment. Corporate assets mainly include funds to manage surplus assets (cashand short-term loans receivable), long-term investment funds (investment securities), deferred tax assets, andassets related to the administration and research divisions (general affairs, basic research), which are not
attributable to reportable segments.
(3) The adjustment to increase in property, plant, equipment and intangible assets of 98 million yen represents
capital investment including headquarters building, administration and research divisions (general affairs,
basic research).
3. Segment profit (loss) is adjusted to operating income in the consolidated financial statements.

[Related Information]
Previous consolidated fiscal year (from April 1, 2018 to March 31, 2019)
1. Information by product and service
Information is omitted as similar information is disclosed in “Segment information.”
2. Information by geographical area
(1) Net sales(Millions of yen)
Japan

China

South Korea

Other Asia

Other

39,58010,8453,179
4,348(Note) 1. Net sales are segmented by country or region based on customer location.

Total
42

57,995(2) Property, plant, and equipment
Information is omitted since amount of property, plant and equipment in Japan exceeds 90% of property, plantand equipment on the consolidated balance sheet.
3. Information by major customer(Millions of yen)
Customer name

Net sales

SUMIDEN HITACHI CABLE Ltd.

Related segment name12,248 Electric Wire and Cable Business

Consolidated fiscal year under review (from April 1, 2019 to March 31, 2020)
1. Information by product and service
Information is omitted as similar information is disclosed in Segment Information.
2. Information by geographical area
(1) Net sales(Millions of yen)
Japan

China

South Korea

Other Asia

Other

39,651
11,1622,744
4,550(Note) 1. Net sales are segmented by country or region based on customer location.
25

Total
61

58,171

(2) Property, plant, and equipment
Information is omitted since amount of property, plant and equipment in Japan exceeds 90% of property, plantand equipment on the consolidated balance sheet.
3. Information by major customer(Millions of yen)
Customer name

Net sales

SUMIDEN HITACHI CABLE Ltd.

Related segment name12,230 Electric Wire and Cable Business[Information on impairment loss on fixed assets by reportable segment]
Previous consolidated fiscal year (from April 1, 2018 to March 31, 2019)
N/A
Consolidated fiscal year under review (from April 1, 2019 to March 31, 2020)(Millions of yen)
Reportable segment
Electric
Other
Electronic
Wire andMaterials Subtotal Business
Cable
Business
Business
Impairment loss

5

―

5

Corporate items
andeliminations

Total

―

5

[Information on amortization of goodwill and unamortized balance by reportable segment]
Previous consolidated fiscal year (from April 1, 2018 to March 31, 2019)
N/A
Consolidated fiscal year under review (from April 1, 2019 to March 31, 2020)
N/A[Information on gain on negative goodwill by reportable segment]
Previous consolidated fiscal year (from April 1, 2018 to March 31, 2019)
N/A
Consolidated fiscal year under review (from April 1, 2019 to March 31, 2020)
N/A

26

―

Total

5

(Per share information)
Previous consolidated fiscal year
(from April 1, 2018 to March 31, 2019)

Consolidated fiscal year under review(from April 1, 2019 to March 31, 2020)

Net assets per share

701.16 yen Net assets per share

714.43 yen

Net income per share

47.37 yen Net income per share

44.36 yen

There is no diluted net income per share as there
are no shares with dilutive effect.

There is no diluted net income per share as there
are no shares with dilutive effect.

Basis for calculation
1. Net assets per share
Total amount in net
assets on the
consolidatedbalance sheet
Amount deducted fromthe total amount in
net assets

Basis for calculation
1. Net assets per share
Total amount in net
assets on the
43,319 million yen
consolidated balance
sheet
Amount deducted from- million yen
the total amount in
net assets

Net assets on commonsharesNumber of commonshares at the end of
fiscal year

assets on common
43,319 million yen Net shares
Number of commonshares at the end of
61,783 thousand sharesfiscal year

2. Net income per share
Net income (loss)
attributable toowners of parent inconsolidated
statements ofincomeAmount not attributable
to common shares
Net income (loss)
attributable toowners of parent oncommon shares
Average number ofcommon shares
during the period

2. Net income per share
Net income (loss)
attributable toowners of parent in
2,926 million yen
consolidated
statements ofincomeAmountnot attributable- million yen
to common shares
Net income (loss)
attributable to2,926 million yen
owners of parent oncommon shares
Average number of
61,783 thousand sharescommon shares
during the period(Important subsequent events)
N/A

27

44,139 million yen- million yen

44,139 million yen
61,782 thousand shares

2,740 million yen- million yen
2,740 million yen
61,782 thousand shares