This translation is to be solely as a reference and the consolidated financial statements in this release are unaudited.

Consolidated Financial Results For the Year Ended March 31, 2014
[Japanese Accounting Standards]
May 9, 2014
Company Name
Nippon Piston Ring Co., Ltd.
Stock Listing
Tokyo Stock Exchanges
6461
Code Number
URL
http://www.npr.co.jp/
Representative
Akira Yamamoto, President
Contact Person
Hiroto Koeba, General Manager, Accounting and Finance Department+81-48-856-5011
Telephone
June 27, 2014
Scheduled date of general shareholders' meeting
June 30, 2014
Scheduled commencement date of dividend payment
June 27, 2014
Scheduled submission date of financial statements
Supplemental materials prepared for financial results
NoneConvening briefing of financial results
None(Amounts are rounded down to the nearest million yen)

1. Consolidated Financial Results For the Year Ended March 31, 2014 (April 1, 2013 to March 31, 2014)(Percentage figures represent year-on-year changes)(1) Consolidated Operating Results
Net income attributable toNet sales
Operating income
Ordinary income
owners of parent
Millions of yen％

Millions of yen％

FY201350,4307.3
1,759△ 20.91,733FY2012
47,018△ 4.4
2,225△ 42.2
2,184(Note) Comprehensive income:Year ended March 31, 2014: 4,265 million yen (△1.5%)
Year ended March 31, 2013: 4,329 million yen (4.6%)％△ 20.7△ 34.5

1,352
2,013

△ 32.8△ 51.1Millions of yen

Net income per share％

Millions of yen

Diluted net income
per share

Ratio of operating
income to net sales

Ratio of ordinary
income to total assets

Return on equity%%%

FY2013
16.45
16.42
5.9FY2012
24.50
24.47
10.4(Reference) Equity in earnings of affiliates: Year ended March 31, 2014: - million yen
Year ended March 31, 2013: - million yen

2.8
3.6

3.5
4.7

YenYen(2) Consolidated Financial Position
Total assets

Net assets

Millions of yen

As of March 31, 2014
As of March 31, 2013
(Reference) Shareholders' equity

Shareholders' equity ratio

Net assets per share％

Millions of yen

Yen

62,07325,111
39.6
61,241
22,716
34.8
As of March 31, 2014: 24,573 million yen
As of March 31, 2013: 21,315 million yen

299.00259.46(3) Consolidated Cash Flows
Cash flows fromoperating activities

Cash flows from investing Cash flows from financing Cash and cash equivalent
activities
activities
at end of period

Millions of yen

Millions of yen

Millions of yen

Millions of yen

6,928
6,040

△ 6,194△ 2,792△ 3,507△ 3,971

4,700
7,163

FY2013
FY2012
2. Dividends

Dividend per share
1st quarter2nd quarter 3rd quarter

YenYen

Yen

Year end

Total

Yen

Yen

Total dividends
for the year

Payout ratio

Millions of yen％

Ratio ofdividends tonet assets
％

―
0.00
―
5.00
5.00
410
20.4
2.1
Fiscal year ended March 31, 2014
―
0.00
―
5.00
5.00410
30.4
1.8
Fiscal year ending March 31, 2015
―0.00
―6.00
6.00
24.7
(Note) Dividend in fiscal year ending March 31, 2015 of 6.0 yen equal normal dividend of 5.0 yen plus commemorative dividend of 1.0 yen.
Fiscal year ended March 31, 2013

3. Forecast of Consolidated Earnings For the Year Ending March 31, 2015 (April 1, 2014 to March 31, 2015)(Percentage figures represent year-on-year changes)

Net salesFirst half (cumulative)
Full year

Operating income

Net income attributable
Net income per shareto owners of parent

Ordinary incomeMillions of yen％

Millions of yen％

Millions of yen％

Millions of yen％

Yen

25,00051,000

△ 1.2
1.1

1,000
2,400

8.2
36.4

900
2,200

△ 4.4
26.9

600
2,000

△ 3.0
47.9

7.30
24.34

* Notes(1) Changes in significant subsidiaries during the year
(Changes in specified subsidiaries that caused a change in the scope of consolidation): None
(2) Changes in accounting policies, accounting estimates and restatement of corrections
1) Changes in accounting policies due to accounting standard change : Yes
2) Other changes in accounting policies: None3) Changes in accounting estimates: None4) Restatement of corrections: None(3) Number of shares outstanding (common stock)
As of March 31,
As of March 31,
1) Number of outstanding share at the83,741,579
82,741,579
2014
2013
end of the year (including treasury stocks)
As of March 31,
As of March 31,
2) Number of treasury stock at the end of the year
1,555,144
1,587,666
2014
2013
Year ended
Year ended
3) Average number of shares outstanding
82,180,097
82,149,756
March 31, 2014
March 31, 2013
for the year
* Indication regarding execution of the audit proceduresThis financial report is exempted from the audit procedures in accordance with the Financial Instruments and Exchange Act.
At the time of disclosure of this financial report, the audit procedures for consolidated financial statementsin accordance with the Financial Instruments and Exchange Act have not been completed.

* Explanation regarding the appropriate use of forecasts, and other statements
The financial forecast and other descriptions of the future presented in this document are based on currently available information andassumptions which are deemed reasonable at present. Please note that a variety of factors could cause actual results to differ from the forecasts.