GRIPS Financial Report 2013
GRIPS Financial Report 2013 –outline-

Budget and Accounting Division

－Contents－

1. Financial Operation and PDCA Cycle

1

2. Financial Highlights for Fiscal 20122

3. Outline of Financial Statements
・Balance Sheet

4・Profit and Loss Statement

6

・Cash Flow Statement

8・National University Corporation Business
Operation Cost Statement

9・Earnings Statement10

4. Financial Information on Management(Analysis Using Financial Indicators)

12

Financial Operation and PDCA Cycle◯ In financial operation, the budget should be accurately compiled and executed in line with confirmation andevaluation.

Feedback
Medium-term goals and plans(six years)

Evaluation (Minister of
Education, Culture, Sports,
Science and Technology, etc.)

Annual plan (each fiscal year)

Audit (auditor-secretary,
accounting auditor, etc.)

Compilation of GRIPS budget

Execution of budget andsettlement of accounts‐1‐

Financial Highlights for Fiscal 2012

Financial Conditions including Land and Building Holding, Investment from the Government, andBorrowings at the End of Fiscal 2012
- Outline and component ratio of the balance sheet for fiscal 2012 (as of March 31, 2013)◯ The assets at the end of fiscal
2012 were 27.775 billion yen(down 297 million yen from theprevious fiscal year), the liabilities
were 5.404 billion yen (down 717
million yen), and total net assets
were 22.371 billion yen (up 402
million yen).

Cash anddeposits
Books¥0.9 billion Other fixed ¥1.5 billion
assets5%3%¥0.2 billion
Machinery1%equipment¥0.2 billion
1%
Buildings, etc.
¥6.5 billion
23%

Other current
assets¥0.2 billion
1%[Assets]¥27.8 billion(down1.1%)

Land¥18.4 billion
66%

PFI liabilities,
asset collateralliabilities, etc.
(fixed liabilities)¥4.0 billion
14%
Retained earnings¥0.6 billion
2%◯About 80% of the property (assets) necessary for conducting theoperations of GRIPS was mainly accounted for by investment from thegovernment (net assets), and the remaining 20% was composed ofsubsidies from the government, borrowings, donations, etc. (liabilities).

Accounts
payable, unspent
donations, etc.
(current liabilities)¥1.5 billion
5%[Liabilities and net
assets]¥5.4 billion/¥22.4 billion(down 11.7%/up 1.9%)

Investment fromthe government,
etc.
¥21.8 billion
79%

Financial Operation Conditions for Fiscal 2012 (Amounts Received and Spent*)- Outline and component ratio of ordinary revenues and ordinary expenses for fiscal 2012 (April 1, 2012 – March 31, 2013

◯The ordinary revenues at the end of fiscal 2012 were 2.841
billion yen (down 44 million yen from the previous fiscal year),and the ordinary expenses were 2.727 billion yen (up 54 million
yen).
The net profit for the current fiscal year, which adds temporary
losses to this balance, was 0.114 billion yen (down 142 million
yen).
◯Income from government subsidies for
management expenses accounts for about
Financial
70% of the ordinary revenues, and income
expenses¥0.08 billion
from tuition fees, etc. accounts for 8%.
General and3%administrative
Income from funded research, subsidies,
expenses¥0.3 billion
and donations accounts for 17%.
11%
◯With regard to ordinary expenses, 50%
consists of personnel expenses, about 30%
consists of education and researchexpenses (education expenses, researchexpenses, and expenses for education andresearch support), and 11% consists ofgeneral and administrative expenses.

Personnel
expenses¥1.4 billion
50[Ordinary
expenses]¥2.7 billion(up 2.0%)

Income fromtuition fees
¥0.2 billion
8%

Income fromgovernment
subsidies for
management
expenses¥2.0 billion
6%

Education
expenses¥0.3 billion
10%

Income fromcontracted
research,
subsidies,
donations¥0.5 billion
17%[Ordinary
revenues]¥2.8 billion(down1.5%)
Others¥0.1 billion
6%

Research
expenses¥0.3 billion
10%
Expenses foreducation andresearch support¥0.2 billion
9%

Contracted
research
expenses¥0.2 billion
7%* National university corporations cannot immediately record received government subsidies for management expenses,
tuition fees, funded research, subsidies, and donations as revenues.
These funds are once recorded as debts, and then used as expenditures of education research activities and transferred torevenues in accordance with the progression of corporation businesses. This is referred to as monetization.
The amount of income and that of monetization in each fiscal year may differ because all of the received funds (funds
recorded as debts) are not necessarily monetized during such fiscal year.

‐2‐

Financial Highlights for Fiscal 2012

Major financial injection from thegovernment

Income from government subsidies for management expenses◯The amount of subsidies granted in fiscal 2012 was 1.96 billion yen (about 85% of income from government subsidies for
management expenses) <including -60 million yen due to the influence of the Act on Special Measures for Salaries>.
◯It has decreased by an average of about 15 million yen per year due to the efficiency factor (decreased by 1% year-on-year).
Changes in income from government subsidies for management
expenses (special factor allowance)

Changes in income from government subsidies for management expenses(general subsidies for management expenses and special allowance)
Million yen

Million yen

1,900
1,800

1,500
76

88

1,700
1,600
1,739
1,500
1,695

67

77

147

173

124

1,645 1,629 1,626 1,609

1,400Specialallowance
Generalsubsidies

176

1,598

207

1,000

500
1,541 1,525

473

409 320293 288 314 290 292 334
02005 2006 2007 2008 2009 2010 2011 2012 2013

1,300
2005 2006 2007 2008 2009 2010 2011 2012 2013
* The above figure shows annual changes in general subsidies for
management expenses (basic subsidies for management expenses) andspecial allowance (allowance for special projects, etc.). (Figures for 20052012 are actual results and those for 2013 are on a budgetary basis.)* The above figure shows annual changes in special factor allowance(retirement allowance, PFI maintenance and management expenses, etc.)
among government subsidies for management expenses. (Figures for
2005-2012 are actual results and that for 2013 is on a budgetary basis.)

Payment from students
and exemption system

Payment from students

Changes in payment from students-on a cash flow basis- (on a budgetary basis for 2013)

Million yen

300◯The amount of payment from students is about 0.2 billion yen every
year as indicated in the figure to the right (about 9% of income fromgovernment subsidies for management expenses).

200
7
49

7
53

9
8
8
8
7
8
74 66 65 7
64
61 62
62

100
108 124 136* The amount of payment from students should be decided by each corporation withina certain limit based on the standard amount under the Ministerial Ordinance on
Tuition and Other Expenses at National Universities, etc. (Unit tuition fee (annual
amount): 535,800 yen)150 163 163 157 147 149

Application
fees
Admission
fees
Tuition fees02005 2006 2007 2008 2009 2010 2011 2012 2013

Tuition exemption system
Total number of the eligible students for tuition exemption in fiscal 2012 was 77, and the amount of exemption was 19
million yen, equivalent to 9.0% of the amount of tuition fees subject to be collected.

Acceptance of external funds◯The amount of acceptance of external funds(excluding grant-in-aid for scientific researchand subsidies) in fiscal 2012 was 0.29 billion
yen (increased by 27.9% compared withfiscal 2005).
◯The amount of acceptance of external funds
including grant-in-aid for scientific researchand subsidies was 0.77 billion yen.
(increased by 74.9% compared with fiscal
2005)

Changes in acceptance of external funds –amount of
acceptance for the current year-

Million yen

800

700

600

111

153

184

176

500

Funded, etc.

105

External funds include funded research anddonations from companies, and funded projects
applied to the Ministry of Education, Culture,
Sports, Science and Technology (MEXT) andother ministries. These funds are becoming
more important for the vitalization of education
and research and the stabilization ofmanagement amid declining basic subsidies for
management expenses.

400

300

210

207

239

165

176

242

189

178
0

3

250

240

0

200

267

195

316

306

188

268

100
31

38

36

43

50

39

24

21

2005

2006

2007

2008

2009

2010

2011

2012

0

-3-

Grant-in-aid
for scientificresearch
Subsidies

DonationsOutline of Financial Statements

Balance Sheet
The balance sheet indicates the balance of assets, liabilities and net assets at the end of the fiscal year, andshows the financial conditions of the GRIPS.
Liabilities and net assets indicate the source of funding, and assets indicate operation forms of funds raised.
Assets :Fixed assets including land and buildings account for the majority of assets.
Liabilities : PFI liabilities for which the government takes steps to cover the serving costs account for 61% ofliabilities, and debts that arose from the unique accounting of national university corporations,such as asset collateral liabilities, account for 23%. However, GRIPS works for stable financial
management through systematic payment, etc.
Net assets : Net assets account for 81% of the total of liabilities and net assets, 78% of which was accounted
for by government equity.

■Breakdown of Assets, Liabilities, and Net Assets in Fiscal 2012

Books
3%

AssetsBuildings/
Structures
23%

Land
66%

Liabilities andnet assets

Fixedliabilities
14%

Liabilities

Current
assets6%

Machinery
Other fixed assets
equipment/Tools
1%and equipment
1%
Capital Reserves for education andresearch, etc.
surplus
1.6%
15%

Current liabilities
5%
Government’s equity
63%

Net assets-4-

Unappropriatedincome for thecurrent year
0.4%Outline of Financial Statements■Balance Sheet
Item(Unit: million yen)
Increase/
Decrease

Fiscal 2011

Fiscal 2012

28,072

27,775( 297)

26,48426,083( 401)

Land

18,351

18,3510)

Buildings

6,633

6,364

( 269)

Structures

125

111

( 15)

Machinery equipment

55Tools and equipment

285

208

( 78)

Books

839

870

31)

Software

244

174

( 71)

1

1

0)

1,588

1,692

104)

1,398

1,526

128)

Accrued income for payment
from students

2

2

0)

Other accrued income

187

159

( 28)

Other current assets

0

5

5)

6,121

5,404

( 717)

4,644

3,955

( 689)

1,064

1,067

2)

291

168

( 123)

PFI liabilities

3,289

2,720

( 569)

Current liabilities

AssetsFixed assets

Telephone subscription rights

Current assets
Cash and deposits

Liabilities
Fixed liabilities
Asset collateral liabilities
Long-term accounts payable

(

0)

1,477

1,449

( 28)

Liabilities from government
subsidies for management
expenses

63

50

( 13)

Donation liabilities

123

131

7)

PFI liabilities to be repaid within
a year

556

569

12)

Accounts payable

482

431

( 51)

Other current liabilities

252

269

16)

21,951

22,371

420)

Government equity

17,507

17,5070)

Capital surplus

3,995

4,300

305)

148

148

0)

Reserves for education andresearch

45

301

256)

Unappropriated income for thecurrent year

256

114

( 142)Net assets

Reserve carried forward during
former medium-term target period

Decrease due to depreciation

Increase due to making a net profit
for the current year

Decrease due to fulfillment of
obligation based on the PFI projectcontract

Government subsidies for management
expenses, tuition fees paid by students,
and donations from companies arerecorded as current liabilities, not asrevenues, at the time of receipt.
This is caused by having the obligations
to implement certain projects match theamounts of subsidies and amounts
received, including education andresearch. These obligations aremonetized in accordance with the lapseof the time and the amount expended forthe projects.

Increase due to receipt of facilities
improvement subsidies (for PFI
projects), etc.
Increase due to recording ofreserve for specific purposes

・Decrease in income due to a decrease in the government subsidies
for management expenses equivalent to the reduction in salaries
・Decrease in the amount reported as profits due to not drawing downa reserve for specific purposes
・Increase in expenditure of personnel expenses due to an increase
in retirement allowance* Total amounts and other amounts may differ due to rounding up to the nearest unit.

-5-

(63)
(44)
(41)

Outline of Financial Statements■Breakdown of Ordinary Expenses and Ordinary
Revenues in Fiscal 2012
Profit and Loss Statement
The profit and loss statementshows how many expenses andrevenues
arose
duringanaccounting period. It illustrates thesituations of what types of expenses
are caused by the implementation of
education and research by national
university corporations, then whattypes of revenues arose throughthese expenses, and as a result,what types of profits or losses arose.
It excludes subsidies for scientificresearch and other expenses
granted for individual researchers.

Ordinary expenses
Financialexpenses3%

Education
expenses10%
Research
expenses
10%

General andadministrative
expenses
11%

Expenses foreducation andresearchsupport9%

Personnel
expenses
50%

Fundedresearch
expenses3%
Funded project
expenses
4%

Ordinary revenues
What is the difference between profit andincome?
Profit/expense : accrual basis accounting
Income/expenditure : cash basis accounting

Revenues fromdonations
1%
Revenues fromsubsidies8%

Miscellaneous
gains
5%

Others1%

Items as profit, but not as income(Ex.) Accrued income, such as interest
Items as income, but not as profit(Ex.) Deferred income, such as a deposit
Items as expenditure, but not as expenses(Ex.) Expenses in advance, such as rent
Items as expenses, but not as expenditure(Ex.) Allowance for depreciation

Revenues fromfunded research
8%

Revenues fromtuition fees
8%

-6-

Government
subsidies for
management
expenses69%

Outline of Financial Statements■Profit and Loss Statement
Item(Unit: million yen)
Increase/decrease

Fiscal 2011

Fiscal 2012

2,673

2,727

54)

2,256

2,343

87)

Education expenses

245

270

25)

Research expenses

244

263

19)

Expenses for education andresearch support

230

240

10)

Funded research expenses,
etc.

98

98

(

Funded project expenses,
etc.

129

105

( 24)

Personnel expenses

1,310

1,368

57

General administrative
expeditures

324

303

( 21)

Financial expenses

93

80

( 13)

2,885

2,841

( 44)

2,021

1,949

( 72)

Revenues from tuition fees

241

233

(

Revenues from contracted
research, etc.

136

101

( 35)

Revenues from contracted
project, etc.

143

138

(

Revenues from subsidies

168

238

70)

Revenues donations

43

16

( 27)

Reversal of asset collateralliabilities

27

31

4)

Financial revenues

00

Miscellaneous gains

106

135

29)

Ordinary income

212

114

( 98)

Temporary losses

0

0

0)

Temporary income

0

0

0)

212

114

( 98)

0

0

0)

Reversal of reserve for specificpurposes

44

0

( 44)

Gross income for the current year

256

114

( 142)

Ordinary expenses
Operating expenses

Ordinary revenues
Revenues from government
subsidies for management expenses

Net profit for the current year
Reversal of reserve carried forward
during former medium-term target period* Total amounts and other amounts may differ due to rounding up to the nearest unit.

-7-

(

0)

9)

5)

0)

Increase due to a payment of TIEC
rent, etc.

Increase in the amount of subsidies
granted, etc.

Decrease due to a decline infunded project expenses, etc.

Increase due to an increase inretirement allowance, etc.

Decrease due to a decline in repair
expenses, etc.

Decrease in the amount granted
due to the influence of the Act on
Special Measures for Salaries

Decrease in expenses due to theprogress of research, etc.

Increase in the amount of subsidies
granted, etc.

Decrease in expenses due to theprogress of research, etc.

Decrease due to no reversal ofreserve for specific purposesOutline of Financial Statements
Cash Flow Statement
The cash flow statement indicates, as a certain activity, classifications focusing on cash flow during
an accounting year. It indicates cash flow and surplus or deficit, which are not read from the balance
sheet or profit and loss statement.
While the profit and loss statement shows expenses and revenues generated during the current
year, it recognizes and measures the fact of receipt and payment of cash including addition ofborrowing and investment irrelevant to expenses and revenues, and is indicated in the classificationof income (plus) or expenditure (minus: ( ) ).

■Cash Flow Statement
Indicating cash flow of eachproject income or expenditure
regarding the implementation ofbusinesses such as education
and research

Item(Unit: million yen)
Fiscal 2012

512)

376)

(

137)

788)

(

139)

I Cash flow from business activities
Payments for purchases of raw materials, products,
or services(

Payments for personnel expenses( 1,510)( 1,384)

Payments for other businesses((

2,064)

1,957)(

107)

Income from payments from students

230)

216)

(

14)

Income from funded research, funded
projects, etc.

290)

297)

7)

Income from subsidies, etc.

230)

244)

15)

Income from donations

23)

19)

Income from other businesses

107)

142)

Cash at end of year excludes
time deposits, therefore, it
differs from cash and deposits
in the balance sheet.

(

25)

4)
35)

(

22)

0)

0)

II Cash flow from investment activities

524)

294)

(

230)

47)

(

0)

30)

(

20)

250)

(

220)

Payments for purchases of tangible assets and intangible
assetsPayments for deposit to time deposit

Showing increase or decreasein cash during the current year.
The increase in cash during thecurrent year is caused by adecrease in investment
activities.

2)(

Accounts paid into national treasury

(

46)

(

50)

Income from repayment of time deposit

Showing cash flow regarding
repayment of borrowing, etc.

126)
33)

(

268)

(

(

Income from deposits received
Showing cash flow including
gain of fixed assets and fundmanagement for establishingmanagement bases for the
future649)

302)

Income from government subsidies for
management expenses

Recording a balance of theamount received and paid

Increase/decrease

Fiscal 2011

(

30)

(

0)

Income from facility expenses

549)

561)

11)

Interest and dividends received

0)

0)

(

0)

III Cash flow from financial activities

(

750)

(

762)

(

12)

Redemption paid of lease liabilities

(

108)

(

125)

(

17)

Redemption paid of PFI liabilities

(

549)

(

685)

(

11)

Interest paid

(

93)

(

76)

16)

0)

0)

IV Effect of exchange rate changes on cash0)

V Increase/decrease in cash

286)

VI Cash at beginning of year

1,082)

1,368)VII Cash at end of year

1,368)

1,276)* Total amounts and other amounts may differ due to rounding up to the nearest unit.

-8-

(

92)

(

378)
286)

(

92)

Outline of Financial Statements
National University Corporation Business Operation Cost Statement
This statement shows how many of the costs spent for business management of GRIPS,
including education and research, were taxpayer-funded as “national university corporation
business operation cost.”
This statement is only prepared by incorporated administrative agencies and national
university corporations, not by private companies.
It excludes subsidies for scientific research and other expenses granted for individual
researchers.
■National University Corporation Business Operation Cost Statement(Unit: million yen)
Item

Increase/decrease

Fiscal 2011

Fiscal 2012

I Business costs

2,041)

2,132)

91)(1) Costs in the profit and loss statement

2,673)

2,727)

54)

2,256)

2,343)

87)

General administrative expenses

324)

303)

(

21)

Financial expenses

93)

80)

(

13)

Temporary losses

0)

1)

1)

Operating expenses(2) (Deduction) Self-income, etc.

(

632)

(

595)

37)

Revenues from tuition fees

(

169)

(

164)

5)

Revenues from admission fees

(

65)

(

62)

3)

Revenues from application fees

(

8)

(

7)

0)

Revenues from funded research, etc.

(

136)

(

101)

35)

Revenues from funded projects, etc.

(

143)

(

138)

5)

Revenues from donations

(

43)

(

16)

27)

Financial revenues

(

0)

(

0)

0)

Miscellaneous gains

(

67)

(

107)

Reversal of government subsidies for asset
collateral management expenses(

1)

Reversal of asset collateral donations

(

0)

(

1)

(

1)

Temporary profits

(

0)

(

0)

(

0)

II Depreciation equivalent outside of profit andloss
III Estimated amount increased in bonuses
outside allowance

(

(

0)

40)

257)

257)

0)

7)

0)

7)

164)

109)

(

55)

V Opportunity costs

210)

121)

(

89)

0)

0)

Government-funded opportunity costs

210)

121)

VI (Deduction) Payment into national treasury

0)

VII National university corporation business operation
cost

2,665)

0)
(

89)
0)

2,619)* Total amounts and other amounts may differ due to rounding up to the nearest unit.

-9-

Showing the non-taxpayerfunded revenues

Showing the depreciationequivalent of nonprofitable assets

1)

IV Estimated amount increased in retirement
benefits outside allowance

Opportunity costs of loan transaction with the national
and local governments at no or reduced charge

Showing the costequivalent in the profit andloss statement from which
the revenues from selfincome were deducted(

47)

Showing the estimated amountincreased in allowance forbonuses financed by thegovernment subsidies for
management expenses(recording the difference fromthe previous year)

Showing the estimated amountincreased in allowance forretirement benefits financed by
the government subsidies for
management expenses(recording the difference fromthe previous year)

Outline of Financial Statements

Earnings Statement
This statement should be prepared pursuant to the accounting recognition standard (cash basis andsettlement period) in Japan, and shows prospects and results of management conditions of national university
corporations.
Specifically, it compares budget amounts in the annual plan (calculated based on budget amounts andothers under the estimation of government subsidies for management expenses presented from MEXT) withsettlement amounts that were actually executed.
It excludes subsidies for scientific research and other expenses granted for individual researchers.

■Breakdown of Settlement Amounts of Income and Expenditure in Fiscal 2012
IncomeFacilities
improvement
subsidies 16%
Government
subsidies for
management
expenses 57%

Income fromprojects coveredby government
subsidies for
management
expenses
67%

Income fromindustry-university
collaboration
research andincome fromdonations, etc. 10%

Income from tuition fees,
admission fees, andapplication fees 6%
Miscellaneous income 4%

Income fromsubsidies, etc. 7%

Expenditure

Facilities
improvement
expenses
17%
Industry-university
collaboration
research expenses
and donation
project expenses,
etc.
7%

Education andresearch expenses(including generaland administrative
expenses
68%

Subsidies, etc.
8%

-10-

Outline of Financial Statements■Earnings Statement(Unit: million yen)
BudgetamountSettlement
amount

1,957

1,957

0)

562

562

0)

0

242

242)

Self-income

366

348

( 18)

Income from tuition fees, admission fees,
and application fees

234

213

( 20)

Miscellaneous income

132

135

3)

Income from industry‐university collaboration
research, and income from donations, etc.

311

333

22)

Reversal of reserve for specific purposes

41

0

( 41)

3,237

3,442

8)

Item

Increase/decrease[ Income ]Government subsidies for management expenses

Facilities improvement subsidies
Income from subsidies, etc.

Total

Increase due to gaining a project
covered by the government subsidy

Increase due to making efforts togain contracted research, etc. fromincorporated administrative
agencies, etc.

Decrease due to not drawing down
the reserve for specific purposes[ Expenditure ]Decrease due to a reduction in
education and research expenses

Operating expenses
Education and research expenses

1,516

1,386

( 130)

General and administrative expenses

847

819

( 28)

Facilities improvement expenses

562

562

0)

0

242

242)

Industry-university collaboration researchexpenses and donation project expenses, etc.

311

225

( 86)

Total

3,237

3,234

Subsidies, etc.

* Total amounts and other amounts may differ due to rounding up to the nearest unit.

-11-

(

3)

Decrease due to a reduction in
general and administrative
expenses

Increase due to gaining a project
covered by the government
subsidy

Decrease in monetized amount due
to the progress of research, etc.

Financial Information on Management■Analysis Using Financial Indicators

Financial analysis
Financial analysis is a way to evaluate and assess the management of national university corporations by
preparing numerical indicators using data including financial statements for stakeholders of national university
corporations to gain necessary information for decision making concerning such national university corporations.

Financial indicators used for financial analysis are roughly classified as follows.

Soundness/Stability

Is the financial soundness for providing continuous andstable education and research secured? (“Current
ratio”)

Efficiency

Is the management efficiently conducted?
(“Personnel expenses ratio,” “General administrative
expeditures ratio”)

Activity

Are the education and research activities conducted at
an appropriate level?
“Ratio of operating expenses to research expenses,” “Ratio of operating expenses to education
expenses,” “Ratio of operating expenses to expenses for education and research support,”“Research expenses per faculty,” “Education expenses per student”

Expansivity

Are the financial resources as a university stable bysecuring various funds (external funds)? (“External funds
ratio”)

Profitability

Are the revenues that match the expenses secured?
(“Ordinary income ratio”)-12-Financial Information on Management

Financial Indicators between Fiscal 2006 and Fiscal 2012
Fiscal year
2006

2007

2008

2009

2010

2011

2012

157.8%

178.7%

187.6%

115.0%

92.9%

107.5%

116.8%

61.6%

64.8%

61.2%

58.7%

59.9%

58.1%

58.4%

15.5%

15.4%

15.6%

17.8%

12.4%

14.4%

12.9%

7.8%

8.4%

13.7%

11.7%

9.2%

10.8%

11.2%

Financial indicator
1. Current ratio(current assets ÷current liabilities)

2. Personnel expenses ratio(personnel expenses ÷operating expenses)

3. General administrative expeditures ratio(general and administrative expenses ÷operating
expenses)

4. Ratio of operating expenses to researchexpenses(research expenses ÷operating expenses)

5. Research expenses per faculty(research expenses ÷number of faculty)

6. Ratio of operating expenses to
education expenses(education expenses ÷operating expenses)

7. Education expenses per student(education expenses ÷number of students)

8. Ratio of operating expenses to
expenses for education and researchsupport(expenses for education and research support ÷
operating expenses)

9. External funds ratio ((revenues from contracted
research, etc. ＋ revenues from contracted projects,
etc. ＋ revenues from donations) ÷ordinary revenues)

10. Ordinary income ratio(ordinary income ÷ ordinary revenues)(Legend)

1,948

2,162

3,875

3,619

3,124

3,128

3,460

thousand yen

thousand yen

thousand yen

thousand yen

thousand yen

thousand yen

thousand yen

3.6%

2.6%

8.2%

11.0%

10.7%

10.9%

11.5%

235

169

537

705

645

583

663

thousand yen

thousand yen

thousand yen

thousand yen

thousand yen

thousand yen

thousand yen

12.7%

12.4%

10.0%

9.0%

9.1%

10.2%

10.3%

10.6%

10.2%

7.9%

10.1%

12.4%

11.2%

9.0%

16.5%

14.3%

6.0%

1.6%

2.3%

7.4%

4.0%

Better than the previous year (an increase in points from the previous year that is desirable in the financial indicators)
Better than the previous year (a decrease in points from the previous year that is desirable in the financial indicators)
Worse than the previous year (an increase in points from the previous year that is not desirable in the financial indicators)
Worse than the previous year (a decrease in points from the previous year that is not desirable in the financial indicators)-13-

[Contact] Administration and Budget Team
Budget and Accounting Division
Administrative Bureau
TEL 03-6439-6024
FAX 03-6439-6030
URL http://www.grips.ac.jp