Financial Results for the Fiscal Year Ended March 31, 2012
May 10, 2012
Exchange where listed: TSE

Name of listed company: TERUMO CORPORATION(URL http://www.terumo.com/): 4543: Yutaro Shintaku, President and Representative Director: Tetsuya Kumei, General Manager, Corporate Communication Dept.
: +81 / 3 -6742 -8550

Company code number
Representative:
Please address all communications to
Phone
Adoption of U.S. accounting standards [Yes/No]: No

1. Consolidated Financial Highlights for the Year Ended March 2012
(From April 1, 2011 to March 31, 2012)(1) Consolidated financial results(Notes: The amounts shown below ignore values of less than a million yen)

Net sales

Operating income(Millions of yen)%

386,686
328,214

Year ended March, 2012
Year ended March, 2011
(Notes) Comprehensive income:(Millions of yen)March 2012: 23,737million yen (-2.9%)(Millions of yen)

59,16456,903

0.7
(1.1)

(Yen)

(Millions of yen)%

24,16732,3384.0(10.5)%(25.3)(20.6)Net income per Ordinary Operatingstockholders'income per income per
equitytotal assets Net sales(Yen)

127.28170.30−−March 2012: 57million yen

Net income

March 2011: 24,454million yen (-45.7%)

Net income per share,
fully diluted

Net income per share

Year ended March, 2012
Year ended March, 2011
(Notes) Equity in earnings of affiliates:%

63,04962,60617.8
3.9

Ordinary income

%

%

%

7.0
9.9

10.6
13.5

16.3
19.1

March 2011: 81million yen(2) Consolidated financial position
Total assets

Net assets per share(Millions of yen)

(Millions of yen)

%

(Yen)

692,520420,037

352,537
335,45650.9
79.8

1,855.25
1,765.32

As at March 31, 2012
As at March 31, 2011
(Notes) Shareholders' equity:

Equity ratio

Net assets

March 31, 2012: 352,272 million yen

March 31, 2011: 335,202 million yen(3) Consolidated statements of cash flows

Year ended March, 2012
Year ended March, 2011

Cash flows fromoperating activities

Cash flows frominvesting activities

Cash flows fromfinancing activities(Millions of yen)

(Millions of yen)

(Millions of yen)

(Millions of yen)

56,20046,828(247,182)(18,989)

182,982(26,416)

73,79382,660Cash and cash equivalents,
end of period

2. Dividends

Year ended March, 2011
Year ended March, 2012
Year ending March, 2013 (forecast)at 1st half end

Cash dividends per shareat fiscal year end

(Yen)

(Yen)

(Yen)

16.00
17.00
22.00

18.00
22.00
22.00

34.00
39.00
44.00

total

3. Consolidated Forecast for the Year Ending March 2013 (From April 1, 2012 to March 31, 2013)
Operating income

Net sales

Half year ending September, 2012

Year ending March, 2013

Ordinary income

Net income
per share

Net income(Millions of yen)%

(Millions of yen)%

(Millions of yen)%

(Millions of yen)%

195,000
410,000

2.2
6.0

28,50060,000(17.7)(4.8)

27,50058,000(12.1)(2.0)

16,00034,000

(9.5)
40.7

(Yen)

84.26
179.06(Notes) Assumed exchange rate in FY2012: 1US$=80yen, 1Euro=105yen
Among the information that Terumo discloses, forecasts of financial performance on future projections contain potential risks and uncertainty since theseare forecasts on projections made by Terumo based on limited information available at the moment of disclosure. Accordingly, it should be noted that actual
results may differ from those forecasts on projections due to various factors. Factors affecting to actual results include, but are not limited to, changes in
economic conditions surrounding Terumo, fluctuations of foreign exchange rates, and state of competition.
14. Financial Statements(1) Consolidated balance sheet(Millions of yen)
As at March 31, 2011

As at March 31, 2012

AmountAmount(Assets)%

I Current assets

236,51056.3%

ChangesAmount%256,86737.1%%
20,357

Cash and deposits

83,79478,767(5,027)

Noteｓ and accounts receivable-trade

76,48091,80015,319Marchandise and finished goods

36,15244,044

7,891Work in process

5,869

6,629

759
2,955

Raw material and supplies

15,651

18,606

Deferred tax assets

7,797

9,707

1,910

Derivatives

6,084

9

(6,074)

Other

5,406

8,543

3,137

Allowance for doubtful accounts(726)(1,240)

8.6%

(514)

II Noncurrent assets

183,52743.7%

435,65262.9%

252,124

137.4%

1. Property, plant and equipment

113,05926.9%

131,75419.0%

18,695

16.5%

Buildings and structures

45,052

47,1082,055

Machinery, equipment and vehicles

29,861

38,431

8,570

Land

20,227

21,298

1,071

950

1,447

496

10,442

15,2434,800

Lease assets
Construction in progress
Other

6,524

2. Intangible assets

26,728Goodwill
Customer relationship
Other
3. Investments and other assets

8,225
6.4%

270,790

1,700
39.1%

244,062

20,191

138,809−83,75883,7586,537

48,222

41,68543,73910.4%

33,106

118,618

4.8%(10,632)

Investment securities

28,895

20,387(8,507)

Deferred tax assets

8,136

6,996

(1,140)

Other

6,706

Total assets

420,0372

5,722
100.0%

692,520913.1%(24.3%)(984)
100.0%

272,48264.9%

(Millions of yen)
As at March 31, 2011

As at March 31, 2012

AmountAmount(Liabilities)
I%

Notes and accounts payable-trade

30,711

33,9203,209
60,000

Income taxes payable

157,997

22.8%%

78,846

Short-term loans payable

79,151−60,000

294

423

128

6,297

11,840

5,542

Deferred tax liabilities

123

23

(100)

Provision for bonuses

5,001

5,048

46

Provision for directors' bonuses

145

127

(17)

Provision for loss on disaster

351

−

(351)

5,749

7,027

1,277

Notes and accounts payable-facilities
Asset retirement obligations

II%

Current liabilities

Lease obligations

18.8%

ChangesAmount

560

840

280

Other

29,611

38,747

9,136

Noncurrent liabilities

5,734

1.3%

181,98426.3%

176,250

Bonds payable−

80,00080,000Long-term loans payable−

50,00050,000

636

999

363
44,358

Lease obligations
Deferred tax liabilities
Provision for retirement benefits
Provision for directors' retirement benefits
Asset retirement obligations
Other

378

44,736

1,082

1,538

455

586

202

(383)

991

153

(837)

2,060

4,354

2,294

100.4%

3,073.3%

Total liabilities

84,581

20.1%

339,98249.1%

255,401

302.0%

I

Shareholders' equity

363,832

86.6%

381,34555.1%

17,512

4.8%

Capital stock

38,716

II

38,716−

Capital surplus

59,03052,103(6,926)

Retained earnings

342,965

290,529(52,436)

Treasury stock(76,879)(3)

76,875

Accumulated other comprehensive income(28,630)

Valuation difference on available-for-sale securities(1,919)

(51)

1,868

Deferred gains or losses on hedges

3,611

1

(3,609)Foreign currency translation adjustment(6.8%)(30,322)

III Minority interests(29,073)(4.2%)(29,023)

(442)

1.5%

1,298

254

0.1%

264

0.0%

10

4.1%

Total net assets

335,45679.9%

352,53750.9%

17,080

5.1%

Total liabilities, net assets

420,037

100.0%

692,520100.0%

272,48264.9%

3

(2) Consolidated statement of income(Millions of yen)
For the year ended

For the year ended

March 31, 2011

March 31, 2012

AmountChangesAmountAmount%%%I

Net sales

328,214100.0%

386,686

100.0%

58,471

17.8%

II

Cost of sales

157,41648.0%

182,04647.1%

24,63015.6%

Gross profit

170,79852.0%

204,63952.9%

33,841

19.8%

108,19132.9%

141,590

36.6%

33,39930.9%62,60619.1%

63,049

16.3%

442

0.7%

214

13.5%

(1,604)(22.0%)

2,260

4.0%

170

33.7%

III Selling, general and administrative expenses
Operating income
IV Non-operating income

V

Interest income

269

309

40

Dividends income

458

373

(84)

Royalty income

142

149

6

Equity in earnings of affiliates

81

57

(23)

Other

638

1,590

0.4%

914

1,804

0.5%

275

Non-operating expenses
Interest expenses

54

738

684

Sales discounts

573

586

13

4,428

990

(3,437)

654

1,728

Foreign exchange losses
Loss on disposal of inventories
Other

1,583

Ordinary income

7,293

2.2%

56,903

17.3%

1,644

1,074
5,689

1.5%

59,164

15.3%

61

VI Extraordinary income
Gain on sales of noncurrent assets

10

224

Reversal of allowance for debtful accounts

0

−

(0)

Reversal of loss on disaster

−

156

156

Gain on contribution of securities to retirement benefit trust
Subsidy income

494
−

214

(494)

−
505

0.2%

295

675

0.2%

295

VII Extraordinary expenses
Impairment loss

−

221

221

Loss on disposal of noncurrent assets

2,257

239

(2,017)

Loss on sales of investment securities

−

1,562

1,562

Loss on valuation of investment securities

19

7,754

7,734

Loss on sales of golf club memberships

−

5

5

555

−

(555)

15

−

(15)

3,000

−

(3,000)Loss on disaster
Directors' retirement benefits
Settlement package
Environmental expenses−

Income before income taxes
Income taxes-current

18,992

Income taxes-deferred

164

Income before minority interests
Minority interests income
Net income

4

5,848

1.8%

51,56015.7%

407

10,1892.6%

49,64912.9%

24,929
495

407

4,341

74.2%

(1,910)(3.7%)

5,937

19,156

5.8%

25,425

6.6%

6,268

32.7%

32,4039.9%

24,2246.3%

330(8,178)(25.2%)

64

0.0%

57

0.0%

(7)

(11.3%)

32,3389.9%

24,167

6.2%(8,171)(25.3%)

(3) Consolidated statement of comprehensive income

I

Income before minority interests

II

Other comprehensive income(Millions of yen)
For the year ended

For the year ended

March 31, 2011

March 31, 2012

AmountAmount32,40324,224(4,255)

1,868

Deferred gains or losses on hedges

3,611(3,609)Foreign currency translation adjustments(7,303)

1,251

Valuation difference on available-for-sale securities

Share of other comprehensive income of associates
accounted for using equity method(1)

Comprehensive income(7,949)2(487)

24,45423,737

24,41823,72636

10

Attributable to:Shareholders of Terumo Corporation
Minority interests5(4) Statement of changes in net assets(Millions of yen)
Shareholders' equity

Year ended March 2011
Beginning of period
Changes during this fiscal year
Dividends from surplus
Net income
Purchase of treasury stock
Changes of items other than shareholders' equity (net)Total changes during this fiscal year
Ending of period

Capital stock
38,716

Capital surplus

Retained earnings

59,030316,703

Treasury stock(76,817)(6,076)32,338(62)−
38,716

Valuation difference on
available-for-sale securities
Year ended March 2011
Beginning of period
Changes during this fiscal year
Dividends from surplus
Net income
Purchase of treasury stock
Changes of items other than shareholders' equity (net)Total changes during this fiscal year
Ending of period

26,262342,965−
59,0302,335(62)(76,879)

Shareholders'equity total
337,633(6,076)32,338(62)−
26,199363,832

Accumulated other comprehensive income
Deferred gains or losses
Foreign currency
on hedges
translation
adjustments−(23,046)(4,255)(4,255)(1,919)

3,611
3,611
3,611

Accumulated
other comprehensive
income total(20,711)

Minority
interests
218

Net assets
total
317,139(7,919)(7,919)(28,630)

36
36
254

(6,076)32,338(62)(7,882)
18,316335,456

Accumulated
other comprehensive
income total(28,630)

Minority
interests
254

Net assets
total
335,45610
10
264(6,645)24,167−(8)(431)
17,080352,537(7,275)(7,275)(30,322)(Millions of yen)

Shareholders' equity
Year ended March 2012
Beginning of period
Changes during this fiscal year
Dividends from surplus
Net income
Retirement of treasury stock
Purchase of treasury stock
Changes of items other than shareholders' equity (net)Total changes during this fiscal year
Ending of period

Capital stock
38,716−
38,716

Capital surplus

Retained earnings

59,030342,965(6,926)(6,645)24,167(69,957)(6,926)52,103(52,436)
290,529

Treasury stock(76,879)

76,884(8)
76,875(3)

Shareholders'equity total
363,832(6,645)24,167−(8)−
17,512
381,345

Accumulated other comprehensive income
Deferred gains or losses
Foreign currency
on hedges
translation
adjustments(1,919)3,611(30,322)

Valuation difference on
available-for-sale securities
Year ended March 2012
Beginning of period
Changes during this fiscal year
Dividends from surplus
Net income
Retirement of treasury stock
Purchase of treasury stock
Changes of items other than shareholders' equity (net)Total changes during this fiscal year
Ending of period

1,868
1,868
(51)

(3,609)(3,609)
1

6

1,298
1,298
(29,023)

(442)
(442)
(29,073)

(5) Consolidated statements of cash flows

I(Millions of yen)

For the year ended

For the year ended

March 31, 2011

March 31, 2012

AmountAmountNet cash provided by (used in) operating activities
Income before income taxes

51,56049,649Depreciation and amortization

18,812

21,259Impairment loss
Amortization of goodwill
Equity in (earnings) losses of affiliates
Increase(decrease) in provision for retirement benefits

−

221

1,580

7,576

(81)

(57)

(3,555)

144

Increase(decrease) in provision for directors' retirement benefits

(72)

(383)

Increase(decrease) in allowance for doubtful accounts

48

522

Increase(decrease) in provision for directors' bonuses

(16)

(17)

Interest and dividends income

(727)

(683)

Interest expenses

54

738

Foreign exchange losses (gains)

2,535

712

Settlement package

3,000

−

Loss on disaster
Reversal of loss on disaster
Subsidy income
Loss (gain ) on disposal of noncurrent assets
Loss (gain) on sales of noncurrent assets

555

−

−

(156)

−

(295)

2,257

239

(10)

(224)

Loss (gain) on sales of investment securities

−

1,562

Loss (gain) on valuation of investment securities

19

7,754

Loss (gain) on sales of golf club memberships−

5

Loss (gain) on contribution of securities to employees' retirement
benefits trust

(494)

−

Transfer of securities to retirement benefit trust

3,200

−

−

407

Loss on environmental expenses
Decrease (increase) in notes and accounts receivable-trade(6,530)(8,961)

Decrease (increase) in inventories(4,800)(7,369)

Increase (decrease) in trade payable

3,213

288

Other, net

2,986

4,337

73,534

77,268SubtotalInterest and dividends income received

916

909

Interest expenses paid

(60)

(675)

Income taxes paid

(26,061)(20,213)

Settlement package paid

(1,500)(1,383)

Subsidy income received−

295

46,82856,200(6,262)

Net cash provided by (used in) operating activities
II Net cash provided by (used in) investment activities
Payments into time deposits(2,723)

Proceeds from withdrawal of time deposits

6,420

2,597

Purchase of property, plant and equipment(21,561)(21,132)

Proceeds from sales of property, plant and equipment
Purchase of intangible assets
Payment for ｐerformance to asset retirement obligations
Purchase of investment securities
Proceeds from sales of investment securities
Capital expenditure for subsidiary's equity
Other, net

44

296

(672)

(3,133)

−

(560)

(12)

(3)

−

1,146

−

(220,078)

(482)

(51)

(18,989)(247,182)

Proceeds from long-term loans payable−

50,000

Proceeds from issuance of bonds−

80,000(20,000)

60,000Net cash provided by (used in) investment activities
III Net cash provided by (used in) finacing activities

Net increase (decrease) in short-term loans payable
Purchase of treasury stock

(62)

(8)

Repayments of financial lease obligations

(277)

(363)

Cash dividends paid
Net cash provided by (used in) finacing activities(6,076)(6,645)(26,416)

182,982

IV Effect of exchange rate changes on cash and cash equivalents(3,639)(867)

V Net increase(decrease) in cash and cash equivalents(2,217)(8,866)

VI Cash and cash equivalents at beginning of period

84,877

82,660VII Cash and cash equivalents at end of period

82,66073,7937

(6)Notes
Significant accounting policies in preparing the consolidated financial statements

Changes in accumulated depreciation of tangible fixed assets
Depreciation of tangible fixed assets of the Company and its domestic consolidated subsidiaries had been
computed by declining-balance method (straight-line method had been applied to buildings, excluding accessory
equipment, acquired after April 1, 1998), but effective from this consolidated fiscal year, the straight-line method
has been applied to all tangible fixed assets.

Additional Information

Adoption of accounting standards for accounting changes and error corrections
The Company and its consolidated domestic subsidiaries adopted the ASBJ Statement No.24, the AccountingStandard for Accounting Changes and Error Corrections and the ASBJ Guidance No.24, the Guidance on
Accounting Standard for Accounting Changes and Error Corrections, issued by ASBJ on December 4, 2009,
and apply the Accounting Standard and the Guidance to accounting changes and corrections of prior period errors
which are made after the beginning of the fiscal year beginning on or after April 1, 2011.

Relating to consolidated balance sheet

I Ending balance of accumulated depreciation of tangible assets(Millions of yen)March 31, 2011
Accumulated depreciation of tangible assets

March 31, 2012

228,584

252,837

II Ending balance of investment in securities to nonconsolidated subsidiaries and related companies
March 31, 2011
Investment in securities

March 31, 2012

2,405

2,234

III The last day of last accounting period was a holiday of banking institutions, and the bills reaching maturity
on Mar 31 2012, mentioned below, are included in the ending balance of this accounting period.
March 31, 2011
Notes receivable-trade−

March 31,2012
70

Relating to consolidated statement of income

I Main items among selling, general and administrative expenses(Millions of yen)

Year ended
March 31, 2011

Promotion and advertisement fee

Year ended
March 31, 2012

10,463

12,030Transportation and packaging cost

9,632

10,038

Salaries

25,35732,168Bonuses

3,409

4,780

Provision for bonuses

2,345

2,357

Retirement benefit expenses

2,517

2,393

R&D expenditures

20,35524,322

Depreciation and amortization

3,143

9,867

Provision for directors' bonuses

145

127

II R&D expenditures

Year ended
March 31, 2011

20,355

8

Year ended
March 31, 2012

24,322

III Itemized statement of gain on sales of noncurrent assets(Millions of yen)

Year ended
March 31, 2011

Machinery and transportation equipment
Land
Other tangible noncurrent assets
Total gains on sales of noncurrent assets

Year ended
March 31, 2012

8
−
1
10

7
207
8
224

IV Itemized statement of loss on disposal of noncurrent assets
Year ended
March 31, 2012

Year ended
March 31, 2011

Buildings and structures
Machinery and transportation equipment
Other tangible noncurrent assets
Total loss on disposal of noncurrent assets

1,878
313
65
2,257

35
157
47
239

V Impairment loss
Year ended
March 31, 2011

Year ended
March 31, 2012−

USA
Alliance Agreement
Customer
221
relationship
221

Location
Application
Assortment

Impairment amountAmountRelating to consolidated statement of comprehensive income

Itemized statement of comprehensive income and other comprehensive income for the fiscal year ended March, 2012
(Millions of yen)
Valuation difference on available-for-sale securities:
Amount during this fiscal year
Adjustment
Before tax effectTax effect
Valuation difference on available-for-sale securities(7,302)
9,316
2,013
(145)
1,868

Deferred gains or losses on hedges:
Amount during this fiscal year
Adjustment
Adjustment for purchasing cost of assets
Before tax effectTax effect
Deferred gains or losses on hedges

2,238
45
(8,350)(6,066)
2,457(3,609)Foreign currency translation adjustment:
Share of other comprehensive income of associates accounted for using equity method:
Other comprehensive income total

1,251
2
(487)

Relating to consolidated statement of changes in net assets
I Year ended March, 2011i Category and total number of issued stock and treasury stock(Thousands of shares)

Increase during
this fiscal period

Beginning balanceIssued stock : common stock
210,876
Treasury stock : common stock
20,981(Notes) The increase oｆ treasury stock is from taking up odd stock.

Decrease during
this fiscal period−
13

Ending balance

210,876
20,994−−ii Items on dividendsa) Delivery of dividends(Resolution)

Category of stock

Dividends Dividends(millions per share
yen)
(yen)

Dividends record date

Effective date

Annual meeting of shareholders
held on June 29, 2010

Common stock

3,038

16

March 31, 2010

June 30, 2010

A board of directors held on October 28, 2010

Common stock

3,038

16

September 30, 2010

December 7, 2010b) Dividends recorded in this fiscal period but effective in the next period(Resolution)
Annual meeting of shareholders
held on June 29, 2011

Category of stock

The
Dividends
Dividends
original(millions
per share
capital of
yen)
(yen)
dividends

Earned3,417 surplus

Common stock

9

18

Dividends record date

Effective date

March 31, 2011

June 30, 2011

II Year ended March, 2012i Category and total number of issued stock and treasury stock(Thousands of shares)

Increase during
this fiscal period

Beginning balance

Decrease during
this fiscal periodEnding balanceIssued stock : common stock
210,876−
20,996
Treasury stock : common stock
20,9942
20,996(Notes) The increase of treasury stock is from taking up odd stock, and the decrease is from retirement of treasury stock.

189,880
1ii Items on dividendsa) Delivery of dividends(Resolution)

Category of stock

Dividends Dividends(millions per share
yen)
(yen)

Dividends record date

Effective date

Annual meeting of shareholders
held on June 29, 2011

Common stock

3,417

18

March 31, 2011

June 30, 2011

A board of directors held on October 27, 2011

Common stock

3,227

17

September 30, 2011

December 7, 2011b) Dividends recorded in this fiscal period but effective in the next period(Resolution)
Annual meeting of shareholders
scheduled for June 28, 2012

Category of stock

The
Dividends
Dividends
original(millions
per share
capital of
yen)
(yen)
dividends

Common stock

Earned4,177 surplus

Dividends record date

Effective date

March 31, 2012

June 29, 201222

Relating to consolidated statement of cash flows
Reconciliation of cash and cash equivalents on the annual consolidated balance sheet

Cash on hand and in banks
Time deposits, bonds and other with original
maturity exceeding a three-month period
Cash and cash equivalents(Millions of yen)

Year ended
March 31, 2011

Year ended
March 31, 2012

83,79478,767(1,133)(4,973)82,66073,79310

5. Segment Information[Reportable Segments](1) Fiscal year ended March 31, 2011

(Millions of yen)
For the year ended
March 31, 2011

GeneralHospitalbusiness

Cardiac &Vascularbusiness

Blood
Transfusionbusiness

Consumer
Healthcare
business

Subtotal

Adjustment

Total

Sales:
Sales to customer

152,786

144,598

24,5494,337

326,272

1,942

−

−

−

−

−

−

−

152,786

144,598

24,5494,337

326,272

1,942

328,214

Internal sales
Sales total

328,214Segment income (loss)

26,36833,9292,956(1,565)61,688918

62,606

Segment assets

142,557

146,159

27,864

4,238

320,819

99,218420,037

Depreciation and amortization

10,330

7,487

1,970

198

19,988404

20,392Equity in earnings of affiliates

−

−

−

−

−

81

81

Net increase of tangible andintangible noncurrent assets

9,736

7,156

2,413

294

19,601

642

20,243

Others:

Notes:

1. Segment income is adjusted to be consistent with operating income shown on the
consolidated income statement.
2. Adjustment to segment income (loss), which amounted to 918 million yen, is the sumof (820) million yen for Inventories, 970 million yen for the change of accounting
period of Terumo's subsidiaries and 767 million yen for others.
3. Adjustment to segment assets, which amounted to 99,218 million yen, mainly includes
investments in"Cash and deposit", "Investments securities", "Deferred tax assets" andassets of the Administrative Department.

(2) Fiscal year ended March 31, 2012

(Millions of yen)
For the year ended
March 31, 2012

GeneralHospitalbusiness

Cardiac &Vascularbusiness

Blood
Managementbusiness

Consumer
Healthcare
business

Subtotal

Adjustment

Total

Sales and operating income:Sales to customer
Internal sales
Sales total

149,518

160,605

71,8004,761

386,686

−

−

−

−

−

−

−

386,686−

149,518

160,605

71,8004,761

386,686−

386,686

Segment income

27,18930,7963,515

78

61,5791,469

63,049Segment assets

151,667

198,664

258,109

4,683

613,124

79,395692,520

Depreciation and amortization

6,524

5,101

9,232

134

20,994264

21,259Amortization of goodwill
Net increase of tangible andintangible noncurrent assets

−

1,683

5,893

−

7,576

−

7,576

11,717

9,253

4,508

385

25,865755

26,620

Others:

Notes:

1. Segment income is adjusted to be consistent with operating income shown on the
consolidated income statement.
2. Adjustment to segment income (loss), which amounted to 1,469 million yen, is the sumof (2,268) million yen for Inventories and 3,738 million yen for others.
3. Adjustment to segment assets, which amounted to 79,395 million yen, mainly includes
investments in"Cash and deposit", "Investments securities", "Deferred tax assets" andassets of the Administrative Department.
4. Depreciation of tangible fixed assets of the Company and its domestic consolidated
subsidiaries had been computed by declining-balance method , but effective from thisfiscal year, straight-line method has been applied to all tangible fixed assets.
Consequently, segment income increased 2,316 million yen in the General Hospitalbusiness, 1,417 million yen in the Cardiac & Vascular business, 387 million yen in the
Blood Management business, and 125 million yen in the Consumer Healthcare businessfrom the amounts that would have been posted under the previous accounting method.

11

(Note) Main products belonging to each business segment

Business segments

Main products

General Hospital business
Disposable medical devices and medical electronics

Syringes, Needles, Blood collection tubes, Home parenteral nutrition system,
Solution sets, I.V.catheters, Infusion pumps, Syringe pumps, Home oxygen therapy system,
etc.

Pharmaceuticals

I.V.solutions, Nutritious food, Prefilled syringes, CAPD systems, etc.

Diabetes care products

Blood glucose monitoring systems

Cardiac and Vascular business
Interventional systems

Angiographic catheters, PTCA balloon catheters, Coronary stents, Neuro interventionalcoils, etc.

Cardiovascular systems

Oxygenerators, Cardio-pulmonary bypass system, LVA system, etc.

Vascular grafts

Artificial vascular grafts, Stent grafts

Blood Management business

Blood bags, Automated blood processing, Therapeutic aphaeresis, Cell therapy, etc.

Consumer Healthcare business

Digital Thermometers, Blood pressure monitors, Blood glucose monitors (OTC), etc.

(Supplementary Information)[Geographic Segments](1) Fiscal year ended March 31, 2011

(Millions of yen)
For the year ended
March 31, 2011

Japan

EuropeAmericas

Asia and others

Total

Sales

177,132

56,63056,97737,474

328,214

Tangible noncurrent assets

88,713

5,888

6,892

11,565

113,059

Notes:

Sales figure of Asia and others includes adjustment for the change ofaccounting period of Terumo's subsidiaries, which amounted to 1,923
million yen.

(2) Fiscal year ended March 31, 2012

(Millions of yen)
For the year ended
March 31, 2012

Japan

EuropeAmericas

Asia and others

Total

Sales

190,469

71,76579,07045,381

386,686

Tangible noncurrent assets

96,9517,201

15,15012,451

131,75412