October 31, 2012

First Half Consolidated Earnings Report for Fiscal 2012, Ending March 31, 2013
[Japanese Standards] (Consolidated)
Company name:Securities code:
Representative:
Inquiries:

Ryosan Company, Limited
Stock listing: First Section, Tokyo Stock Exchange
8140(URL http://www.ryosan.co.jp)
Naoto Mimatsu, Representative Director and President
Hidekazu Sano
Director and General Manager
Financing and Accounting Headquarters
TEL: +81-3-3862-2591
Scheduled filing date of quarterly earnings report
November 14, 2012
Scheduled payment date of dividend:
December 4, 2012
Supplementary materials for the quarterly financial results:
Yes
Investor conference for the quarterly financial results
Yes(Millions of yen rounded down)

1. Consolidated results for the first half of fiscal 2012 (April 1, 2012 to September 30, 2012)(1) Consolidated operating results (Cumulative)(% figures represent year-on-year increase or decrease)
Net sales

Operating income

Millions of yen% Millions of yen

Ordinary income% Millions of yen

Net income% Millions of yen

First Half, Fiscal 2012
106,185
(0.8)
2,119
34.6
2,538
21.0
First Half, Fiscal 2011
106,9870.4
1,574(55.9)
2,097(47.2)(Note) Comprehensive income
First Half, Fiscal 2012: 781 million yen ( - %) First Half, Fiscal 2011: -1 million yen ( - %)Net income
Net income perper shareshare after dilution
First Half, Fiscal 2012
First Half, Fiscal 2011

Yen

Yen

46.40
32.94

－
－

%

1,552
1,132

37.1
(55.4)(2) Consolidated financial position
Total assets

Net assets tototal assets

Net assets

Millions of yen

Millions of yen

Net assets
per share%

Yen

September 30, 2012
159,990
115,803
72.4
March 31, 2012
167,079
115,691
69.2(Reference) Shareholders equity: September 30, 2012: 115,803 million yen, March 31, 2012: 115,691 million yen

3,460.49
3,457.13

2. Dividends
Dividends per share (Yen)(Record date)

End of 1Q

Fiscal 2011
Fiscal 2012
Fiscal 2012 (Forecast)(Note) Revision of dividend forecasts: No

End of 2Q

End of 3Q

20.00
30.00

－
－

End of 4Q

Annual

－

20.00

40.00

－

30.00

60.00

3. Forecast of results for the fiscal year ending March 31, 2013 (April 1, 2012 to March 31, 2013)
Net sales
Millions of yen

Operating income%

Millions of yen

Full Fiscal Year
215,000(1.3) 4,600(Note) Revision of financial results forecasts: Yes(% figures represent year-on-year increase or decrease)
Net income per
Ordinary income
Net income
share

%

Millions of yen%

Millions of yen

%

31.0

5,400

20.6

3,500

84.3

Yen

104.59※ Notes(1) Transfer of major subsidiaries during the scope of consolidation of this quarter (transfer of specified subsidiaries in line withchanges in the consolidated range): No(2) Applying accounting procedures specific to preparing quarterly financial statements: No(3) Changes in Accounting Principles, Changes in Accounting Estimates and Restatements
1. Changes in accordance with revisions to accounting standards and related practices of accounting principles: Yes
2. Changes in items of accounting principles other than 1. above: No
3. Changes in accounting estimate: No
4. Restatement of revisions: No(Note) For details, refer to page 4 in appendex"2. Items Regarding Summary Information (Notes) (3) Changes in Accounting
Policies, Changes in Accounting Estimates and Restatements”.
(4) Number of shares issued and outstanding (Common stock)
1. Total number of shares issued and outstanding (including treasury stock) as of the period-end:
September 30, 2012: 34,500,000 shares

March 31, 2012: 34,500,000 shares

2. Total number of treasury stock as of the period-end:
September 30, 2012: 1,035,551 shares

March 31, 2012: 1,035,425 shares

3. Average number of shares outstanding during the period (Cumulative total for the quarterly consolidated period)First half, fiscal 2012: 33,464,508 sharesFirst half, fiscal 2011: 34,393,386 shares

Indication regarding the implementation status of the quarterly review procedure
This first half consolidated earnings report is not subject to the quarterly review process based on the Financial Instruments andExchange Act, and the quarterly review process for quarterly consolidated financial statements is ongoing at the time of the disclosure ofthis first half consolidated earnings report.
Caution with respect to forward-looking statements:
The estimates referred in this report were made based on the information available as of the date of this release. The Company does notpromise the realization of the estimates in this report. The Actual results could significantly differ from the estimates due to a variety offactors. For details on the conditions that form the assumptions used for earnings forecasts and notes on using earnings forecasts, pleaserefer to appendix page 3, “1. Qualitative Information Regarding this Quarterly Statement (3) Qualitative Information and Other Matters
Concerning Consolidated Forecasts for the Fiscal Year Ending March 31, 2013”.

○Table of contents of the appendix
1. Qualitative Information Regarding this Quarterly Statement ........................................................................................................... 2(1) Qualitative Information and Other Matters Concerning Consolidated Operating Results for the First Half of
Fiscal 2012 ............................................................................................................................................................................. 2(2) Qualitative Information and Other Matters Concerning Consolidated Financial Position for the End of the First
Half of Fiscal 2012 ................................................................................................................................................................. 2(3) Qualitative Information and Other Matters Concerning Consolidated Forecasts for the Fiscal Year Ending
March 31, 2013 ...................................................................................................................................................................... 3
2. Items Regarding Summary Information (Notes) .............................................................................................................................. 4(1) Transfer of Major Subsidiaries during the Scope of Consolidation of this Quarter ............................................................. 4(2) Applying Accounting Procedures Specific to Preparing Quarterly Financial Statements...................................................... 4(3) Changes in Accounting Policies, Changes in Accounting Estimates and Restatements ........................................................ 4
3. Consolidated Quarterly Financial Statements .................................................................................................................................. 5(1) Consolidated Quarterly Balance Sheets ................................................................................................................................ 5(2) Consolidated Quarterly Statements of Income and Consolidated Quarterly Comprehensive Statements of Income
Consolidated Quarterly Statements of Income
Scope of Consolidation of this First Half Period ........................................................................................................... 7
Consolidated Quarterly Comprehensive Statements of Income
Scope of Consolidation of this First Half Period ........................................................................................................... 8(3) Consolidated Quarterly Statements of Cash Flows ............................................................................................................... 9(4) Notes Regarding Going Concern .......................................................................................................................................... 10(5) Notes Regarding Substantial Changes in Shareholders’ Equity ............................................................................................ 10(6) Segment Information ............................................................................................................................................................ 10
4. Supplementary Information ............................................................................................................................................................. 11(1) Geographical Segment Information ...................................................................................................................................... 11(2) Overseas Sales ...................................................................................................................................................................... 12-1-

1. Qualitative Information Regarding this Quarterly Statement(1) Qualitative Information and Other Matters Concerning Consolidated Operating Results for the First Halfof Fiscal 2012
1) Overview
In this first half period (April 1, 2012-September 30, 2012), the outlook for the global economy has become
increasingly uncertain due to the prolonged European sovereign debt crisis and the intensifying slowdown ofemerging economies including China, which have led the global economic growth. In addition, the electronics
industry, in which we are engaged, remained in a severe condition since a full recovery in demand did notmaterialize despite the strong demand for some products such as smartphones and tablet devices.
Under these circumstances, the Ryosan Group has worked on “restructuring of the profit and financial structure”,“reform of the management system” and “Promotion of globalization” while setting “the Company addresses
renovation of management structure to survive in a changing external environment as our basic stance ofmanagement for the fiscal year 2012.
As a result of the above, the Ryosan Group reported the net sales of 106,185 million yen (down 0.8% from thesame period the previous year), operating income of 2,119 million yen (up 34.6%), ordinary income of 2,538
million yen (up 21.0%), and net income of 1,552 million yen (up 37.1%) for results of the first half period underreview.
2) Business Segment Informationa. Semiconductors
We sell memories, system LSIs and discrete semiconductors, and develop system LSIs. In this consolidated firsthalf period, sales of system LSIs for in-vehicle electrical components, smartphones, and digital cameras, etc.
increased, with net sales of 67,106 million yen (up 3.4% from the same period previous year) and operating
income of 1,731 million yen (up 55.3%).
b. Electronic Components
We sell display devices, power supplies and electromechanical components. In this consolidated first half period,
sales of display devices for information terminals, etc. decreased, with net sales of 26,884 million yen (down
3.5% from the same period previous year) and operating income of 950 million yen (down 13.0%).
c. Electronic Equipment
We sell systems equipment and facilities equipment. In this consolidated first half period, sales of systemequipment for in-vehicle electrical components, etc. decreased, with net sales of 9,620 million yen (down 13.8%
from the same period previous year), but operating income came to 430 million yen (up 48.7%).
d. Ryosan Products
We produce and sell heat sinks (devices that dissipate the heat generated by semiconductors). In this consolidated
first half period, sales of heat sinks for FA equipment, etc. decreased, with net sales of 2,573 million yen (down
16.2% from the same period previous year) and operating income of 130 million yen (down 33.7%).
(2) Qualitative Information and Other Matters Concerning Consolidated Financial Position for the End of theFirst Half of Fiscal 2012
1) An Overview of Financial Position
At the end of this first half period, total assets had decreased by 7,089 million yen, as compared with the level at theend of the previous fiscal year, and came to 159,990 million yen.
Also, net assets increased by 112 million yen, as compared with the level at the end of the previous fiscal year, andcame to 115,803 million yen, with the ratio of net assets to total assets being 72.4%.
2) An Overview of Cash Flows
As of the end of this consolidated first half period, cash and cash equivalent had increased by 6,274 million yen ascompared with the level at the end of the previous consolidated fiscal year, and came to 40,387 million yen.
-2-

(An overview of cash flow from operating activities)
Regarding cash flow from operating activities in this first half period, on the whole there was an increase of fundsof 6,260 million yen because although trade notes and accounts payable decreased by 5,311 million yen, income
before income taxes and minority interests was 2,544 million yen, trade notes and accounts receivable decreased by
6,928 million yen, and inventories decreased by 1,476 million yen. For a comparison, in the net cash provided by(used in) operating activities of the corresponding quarter of the previous year, there was a decrease of funds by
4,712 million yen.
(An overview of cash flow from investing activities)
Regarding cash flow from investing activities in this consolidated first half period, there was an increase of funds by
1,491 million yen due to withdrawal of time deposits, etc. For a comparison, in the net cash provided by (used in)investment activities of the corresponding quarter of the previous year, there was a decrease of funds by 382 million
yen.
(An overview of cash flow from financing activities)
Regarding cash flow from financing activities in this first half period, there was a decrease of funds by 1,249
million yen mainly because dividends of 669 million yen were paid and short-term bank loans decreased by 516
million yen. For a comparison, in the net cash provided by (used in) financing activities of the corresponding
quarter of the previous year, there was an increase of funds by 407 million yen.
(3) Qualitative Information and Other Matters Concerning Consolidated Forecasts for the Fiscal Year Ending
March 31, 2013
The global economy remains uncertain mainly due to the European sovereign debt crisis and concerns over the
slowdown of emerging economies. In addition, since we do not foresee a recovery in demand for semiconductors
and electronic components in the electronics industry, in which we are engaged, net sales are estimated to fall below
the previous forecast. However, we have not revised income forecast from the previous forecast because theimprovement of gross profit margin and the reduction of selling, general and administrative expenses are expected.
We have not revised dividend forecast associated with this revision of business forecast.
(Consolidated business forecast)
Net sales

Net income

Operating income

Ordinary income

Millions of yen

Millions of yen

Millions of yen

Millions of yen

Yen

Previous forecast (A)225,000

4,600

5,400

3,500

104.59

Revised forecast (B)215,000

4,600

5,400

3,500

104.59Change (B-A)(10,000)

0

0

0

－

(4.4)

0.0

0.0

0.0

－

217,887

3,511

4,476

1,899

55.90

Change (%)

Net income

per share(Reference)
Actual results for the fiscal
year ended March 31, 2012

(Business forecast for each business segment)
a. Semiconductors
In the semiconductors business, sales of system LSIs for in-vehicle electrical components, smartphones, anddigital cameras, etc. are estimated to increase, and we forecast net sales of 135,000 million yen (up 2.0%
year-on-year) and operating income of 3,700 million yen (up 54.0%).
b. Electronic Components
In the electronic components business, sales of display devices for information terminals, etc. are estimated todecrease, and we forecast net sales of 54,000 million yen (down 2.5% year-on-year) and operating income of
1,900 million yen (up 5.3%).
-3-

c. Electronic Equipment
In the electronic equipment business, sales of system equipment for in-vehicle electrical components, etc. are
estimated to decrease, and we forecast net sales of 21,000 million yen (down 14.8% year-on-year) and operating
income of 900 million yen (up 2.5%).
d. Ryosan Products
In the Ryosan products business, sales of heat sinks for FA equipment, etc. are estimated to decrease, and we
forecast net sales of 5,000 million yen (down 8.3% year-on-year) and operating income of 300 million yen (up36.4%).

2. Items Regarding Summary Information (Notes)(1) Transfer of major subsidiaries during the scope of consolidation of this quarter
None(2) Applying accounting procedures specific to preparing quarterly financial statements
None(3) Changes in Accounting Policies, Changes in Accounting Estimates and Restatements(Change in depreciation method)
The Company changed to the depreciation method based on the amended Corporation Tax Act due toamendments to the Corporation Tax Act for tangible noncurrent assets acquired on and after April 1, 2012.
The influences of this change on profit and loss are minimal.

-4-4. Consolidated Quarterly Financial Statements(1) Consolidated Quarterly Balance Sheets(Millions of yen)
Fiscal Year Ended
March 31, 2012
(As of March 31, 2012)

First Half of the Fiscal YearEnding March 31, 2013
(As of September 30, 2012)ASSETS
Current assets
Cash and deposits

34,114

41,889Trade notes and accounts receivable

81,12373,414Inventories

24,633

22,773

Accrued income

2,989

1,880

Deferred tax assets

276

310

Other current assets

1,109

291

Allowance for doubtful accounts

(93)

(75)

144,153

140,484

Buildings and structures (net)

4,461

4,331

Land

8,121

8,110

Lease assets (net)

221

281

Other fixed assets (net)

520

449

13,325

13,173930

867

Investment securities

3,084

2,766

Long-term deposits

3,000

－

Deferred tax assets

958

1,058

Other

2,719

2,690

Allowance for doubtful accounts

(957)

(927)

Allowance for loss on investments

(136)

(123)

Total Investments and other assets

8,669

5,464

22,925

19,505167,079

159,990

Total current assets
Fixed assets
Property, plant and equipment

Total property, plant and equipment
Intangible fixed assets
Investments and other assets

Total fixed assets
Total assets-5-

(Millions of yen)
Fiscal Year Ended
March 31, 2012
(As of March 31, 2012)

First Half of the Fiscal YearEnding March 31, 2013
(As of September 30, 2012)

LIABILITIESCurrent liabilities
Trade accounts payable

33,54927,802

Short-term bank loans

11,85010,675

Lease obligations

112

130

Other payable

1,761

958

Accrued expenses

1,091

1,043

Accrued income taxes

338

920

Other current liabilities

193

186

Total current liabilities

48,896

41,718

155

203

2,275

2,209

Other long-term liabilities

60

55

Total long-term liabilities

2,491

2,468

51,38844,186

Common stock

17,69017,690Additional paid-in capital

19,114

19,114Retained earnings

83,44984,332

Treasury stock(1,806)(1,806)

Total shareholders’ equity

118,447

119,331

331

149

2

(1)

Foreign currency translation adjustments(3,090)(3,675)

Total other accumulated comprehensive incomes(2,756)(3,527)

Total net assets

115,691

115,803

Total liabilities and net assets

167,079

159,990

Long-term liabilities
Lease obligations
Employees’ retirement benefits

Total liabilities
NET ASSETS
Shareholder’s equity

Other accumulated comprehensive incomes
Net unrealized gain on other marketable securities
Gain (loss) on deferred hedges-6-(2) Consolidated Quarterly Statements of Income and Consolidated Quarterly Comprehensive Statements ofIncome(Consolidated Quarterly Statements of Income)(Scope of Consolidation of this First Half Period)(Millions of yen)First Half of the Fiscal Year
Ended March 31, 2012

First Half of the Fiscal YearEnding March 31, 2013

(Apr. 1, 2011 to Sep. 30, 2011)(Apr. 1, 2012 to Sep. 30, 2012)

Net sales
Cost of Sales
Gross Profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividend income
Gain on foreign exchange
Commission fee
Miscellaneous income
Total non-operating income
Non-operating expenses
Interest expense
Miscellaneous expenses
Total non-operating expenses
Ordinary income
Extraordinary gains
Gain on sales of noncurrent assets
Gain on reversal of allowance for doubtful accounts
Total extraordinary gains
Extraordinary losses
Loss on sales and disposal of property, plant and equipment
Impairment loss
Loss on valuation of investment securities
Provision of allowance for investment loss
Loss on valuation of golf club membership
Total extraordinary losses
Income before income taxes and minority interests
Income taxes
Income before Minority interest in income
Minority interests in income
Net income-7-106,987
98,724
8,262
6,688
1,574

106,185
97,569
8,615
6,496
2,119

46
136
36
276
118
613

44
94
5
277
108
530

80
10
90
2,097

92
18
111
2,538

0
－
0

33
12
46

2
－
129
25
－
157
1,940
805
1,134
1
1,132

－
3
35
－
1
39
2,544
991
1,552
－
1,552

(Consolidated Quarterly Comprehensive Statements of Income)(Scope of Consolidation of this First Half Period)(Millions of yen)First Half of the Fiscal Year
Ended March 31, 2012

First Half of the Fiscal YearEnding March 31, 2013

(Apr. 1, 2011 to Sep. 30, 2011)(Apr. 1, 2012 to Sep. 30, 2012)

Income before Minority interest in income
Other comprehensive income
Net unrealized gain on other marketable securities
Gain (loss) on deferred hedges
Foreign currency translation adjustments
Total other comprehensive income
Comprehensive Incomes(Details)
Comprehensive incomes relating to shareholders ofparental company
Comprehensive incomes relating to minority shareholders

-8-

1,134

1,552

(134)
(2)
(999)

(182)
(4)
(584)

(1,135)
(1)

(771)
781

11

781

(12)

－

(3) Consolidated Quarterly Statements of Cash Flows(Millions of yen)First Half of the Fiscal Year
Ended March 31, 2012

First Half of the Fiscal YearEnding March 31, 2013

(Apr. 1, 2011 to Sep. 30, 2011)(Apr. 1, 2012 to Sep. 30, 2012)

Operating activities
Quarterly income before income taxes
Depreciation and amortization
Impairment loss
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in provision for retirement benefits
Increase (decrease) in allowance for loss on investments
Interest and dividends income
Interest expenses
Loss (gain) on sales of investment securities
Loss (gain) on sales of property, plant and equipment
Decrease (increase) in notes and accounts receivable-trade
Decrease (increase) in inventories
Increase (decrease) in notes and accounts payable-trade
Other
SubtotalInterest and dividends income received
Interest expenses paid
Income taxes (paid) refund
Net cash provided by (used in) operating activities
Investing activities
Payments into time deposits
Proceeds from withdrawal of time deposits
Purchase of property, plant and equipment
Proceeds from sales of property, plant and equipment
Purchase of intangible assets
Purchase of investment securities
Payments of loans receivableCollection of loans receivable
Net cash provided by (used in) investment activities
Purchase of insurance funds
Proceeds from cancellation of insurance funds
Financing activities
Net increase (decrease) in short-term loans payable
Repayments of lease obligations
Purchase of treasury stock
Cash dividends paid
Cash dividends paid to minority shareholders
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 the beginning of the period
Cash and cash equivalents at the end of the period

-9-

1,940
337
－
(52)
30
25
(182)
80
129
1
(3,416)(3,236)(942)
1,935(3,351)183(77)(1,466)(4,712)

2,544
307
3
(41)
(55)
(12)
(138)
92
35
(33)
6,928
1,476
(5,311)
857
6,651
144
(93)
(441)
6,260

(0)
－
(105)
0
(219)
(57)
(1)
1
－
－
(382)

－
1,500
(50)
73
(17)
－
(2)
0
(111)
99
1,491

2,798
(50)
(955)
(1,378)
(6)
407
(368)
(5,055)43,23938,183

(516)
(63)
(0)
(669)
－
(1,249)(228)
6,274
34,11340,387

(4) Notes Regarding Going Concern
Not applicable.
(5) Notes Regarding Substantial Changes in Shareholders’ Equity
Not applicable.
(6) Segment Information
I. For the consolidated first half period of the fiscal year ended March 31, 2012
(April 1, 2011 to September 30, 2011)
1. Overview of our Reporting Segments
Information Concerning Sales and Income or Loss Amount by Reporting Segment(Millions of yen)

Reportable Segment
Adjusted
amount(Note) 1

Consolidated
quarterly
incomestatement
amount (Note) 2

Semiconductors

Electronic
components

Electronicequipment

Ryosanproducts

Total

64,914

27,848

11,155

3,070

106,987―

106,987

―

―

―

―

―

―

―

64,914
1,114

27,848
1,092

11,155
289

3,070
196

106,987
2,693―(1,119)106,987
1,574

Sales and operating income
Sales:
Sales to external
Customers
Internal sales between
segments, or exchange
Total
Segment income (loss)(Notes)1. The adjustment of -1,119 million yen to segment earnings represents corporate expenses that are not allocated to eachreportable segment.
2. Segment income has been adjusted with operating income in consolidated quarterly statements of income.

II. For the consolidated first half period of the fiscal year ending March 31, 2013
(April 1, 2012 to September 30, 2012)
Information Concerning Sales and Income or Loss Amount by Reporting Segment(Millions of yen)

Reportable Segment
Adjusted
amount(Note) 1

Consolidated
quarterly
incomestatement
amount (Note) 2

Semiconductors

Electronic
components

Electronicequipment

Ryosanproducts

Total

67,106

26,884

9,620

2,573

106,185―

106,185

―

―

―

―

―

―

―

67,106
1,731

26,884
950

9,620
430

2,573
130

106,185
3,242―(1,122)

106,185
2,119

Sales and operating income
Sales:
Sales to external
Customers
Internal sales between
segments, or exchange
Total
Segment income (loss)(Notes)1. The adjustment of -1,122 million yen to segment earnings represents corporate expenses that are not allocated to eachreportable segment.
2. Segment income has been adjusted with operating income in consolidated quarterly statements of income.

- 10 -

4. Supplementary Information(1) Geographical Segment Information
Fiscal 2011, first half period of the fiscal year ended March 31, 2012
(April 1, 2011 to September 30, 2011)(Millions of yen)Japan
I Sales and operating income
Sales:(1) Sales to external
Customers(2)Internal sales between
segments, or exchange
Total
Segment income

Asia

Total

Eliminations
or corporate

Consolidated

74,13332,854

106,987―

106,987

4,476

372

4,848

(4,848)―78,609930

33,226
520

111,835
1,451(4,848)122

106,987
1,574

Notes:
1. Country and regional segments are classified on the basis of geographic proximity.
2. Principal countries and regions:
Asia:
Hong Kong, China, Taiwan, Thailand, Singapore and others

Fiscal 2012, first half period of the fiscal year ending March 31, 2013
(April 1, 2012 to September 30, 2012)(Millions of yen)Japan
I Sales and operating income
Sales:(1) Sales to external
Customers(2)Internal sales between
segments, or exchange
Total
Segment income

Asia

Total

Eliminations
or corporate

Consolidated

72,13734,047106,185―

106,185

2,731

236

2,967

(2,967)―74,869964

34,283
1,042

109,152
2,006(2,967)
112

106,185
2,119

Notes:
1. Country and regional segments are classified on the basis of geographic proximity.
2. Principal countries and regions:
Asia:
Hong Kong, China, Taiwan, Thailand, Singapore and others- 11 -

(2) Overseas Sales
Fiscal 2011, first half period of the fiscal year ended March 31, 2012
(April 1, 2011 to September 30, 2011)
Asia
35,070―32.8

Overseas sales
Consolidated net sales
Ratio of overseas sales to consolidated net sales (%)(Millions of yen)
Total
35,070106,987
32.8

Notes:
1. Country and regional segments are classified on the basis of geographic proximity.
2. Principal countries and regions:Asia:
China, Hong Kong, Korea, and Thailand and others
3. Overseas sales represent the total of export sales of the parent company and sales of its consolidated subsidiaries outside Japan(excluding intra-group sales).

Fiscal 2012, first half period of the fiscal year ending March 31, 2013
(April 1, 2012 to September 30, 2012)
Asia
37,411―
35.2

Overseas sales
Consolidated net sales
Ratio of overseas sales to consolidated net sales (%)(Millions of yen)Total
37,411
106,185
35.2

Notes:
1. Country and regional segments are classified on the basis of geographic proximity.
2. Principal countries and regions:Asia:
China, Hong Kong, Korea, and Thailand and others
3. Overseas sales represent the total of export sales of the parent company and sales of its consolidated subsidiaries outside Japan(excluding intra-group sales).

- 12 -