<Translation>

August 2, 2013

Consolidated Financial Results
for the First Quarter Ended June 30, 2013
<under Japanese GAAP>
Company Name:
Listing:
Securities code:
URL:
Representative:
Inquiries:

Yushin Precision Equipment Co., Ltd.
First Section of the Tokyo Stock Exchange6482
http://www.yushin.com
Mayumi Kotani, President and Representative Director
Satoshi Kimura, Executive Managing Director
Tel: +81-75-933-9168 (from overseas)
Scheduled date to submit quarterly report:
August 13, 2013
Scheduled date to commence dividend payments:
Preparation of supplementary materials on financial results: None
Holding of financial results briefing:
None(Amounts less than one million yen are omitted, unless otherwise noted)

1. Consolidated Business Results for the First Quarter Ended June 30, 2013
(from April 1, 2013 to June 30, 2013)(1) Consolidated operating results (Cumulative)(Percentages indicate year-on-year changes)
Operating income
Ordinary income
Net income

Net sales
Millions of yen% Millions of yen% Millions of yen

Three months ended June 30, 2013

3,736

7.6

434

85.4

Three months ended June 30, 2012

3,472

(1.2)

234 (28.5)

555% Millions of yen

75.1

326

317 (13.1)

Three months ended June 30, 2013
Three months ended June 30, 2012

Diluted net income
per share

Yen

Yen

18.64
10.69

-

(2) Consolidated financial position
Total assets

Net assets

Equity ratio

Millions of yen

Millions of yen%

As of June 30, 2013

23,711

20,072

84.1

As of March 31, 2013

23,744

19,865

83.4

Reference: Equity capital (Net assets less minority interests)
As of June 30, 2013: 19,951 million yen
As of March 31, 2013: 19,791 million yen

74.4

186 (14.7)

Note: Comprehensive income
Three months ended June 30, 2013: 557 million yen [92.7%]
Three months ended June 30, 2012: 289 million yen [6.1%]

Net income per share%

Yushin Precision Equipment Co., Ltd. (6482)

2. Cash Dividends
Annual dividends per share
1Q
Year ended March 31, 2013
Year ending March 31, 2014

2Q

3Q

Total

4Q

Yen

Yen

Yen

Yen

Yen

-

10.00

-

20.00

30.00

10.00

-

10.00

20.00

Year ending March 31, 2014
(Forecast)

Note: Revisions to projected dividends most recently announced: None
The dividend of 20.00 yen per share for the fourth quarter–end of the fiscal year ended March 31, 2013 is thesum of an ordinary dividend of 10.00 yen per share and a 40th anniversary commemorative dividend of 10.00
yen per share.

3. Consolidated Earnings Forecasts for the Year Ending March 31, 2014
(from April 1, 2013 to March 31, 2014)
OperatingincomeNet salesFirst six months ending
September 30, 2013
Year ending March 31,
2014(Percentages indicate year-on-year changes)
Net
Ordinary income
Net income
incomeper share

Millions ofyen%Millions ofyen%Millions ofyen%Millions of
yen

%

Yen

7,600

3.4

760

2.2

810

0.4

490

1.6

28.02

1,310 17.5

74.90

16,400 11.4

1,800 20.1

2,130 22.0

Note: Revisions to projected results most recently announced: None

* Notes(1) Changes in significant subsidiaries during the period (Changes in specified subsidiaries accompanying
changes in scope of consolidation): None
Newly added: Excluded: (2) Adoption of the special accounting methods: Yes
Note: Please refer to “2. Other Information (Notes), (2) Adoption of special accounting methods for
preparation of quarterly financial statements” on page 2 of [Attached Material] for further information.
(3) Changes in accounting policies, changes in accounting estimates, and restatement
1) Changes in accounting policies due to revisions to accounting standards and other regulations: None
2) Changes in accounting policies due to other reasons:None3) Changes in accounting estimates:
None4) Restatement:
None(4) Number of issued shares (Common stock)1) Number of issued shares at the end of the period (including shares of treasury stock)
As of June 30, 2013 17,819,033 shares As of March 31, 2013 17,819,033 shares
2) Number of shares of treasury stock at the end of the period
As of June 30, 2013
329,572 shares As of March 31, 2013
329,376 shares
3) Average number of outstanding shares during the period
Three months ended June 30, 2013
17,489,513 shares
Three months ended June 30, 2012
17,490,006 shares* Information regarding the implementation of quarterly review proceduresThis quarterly financial information included in this summary is out of scope of quarterly review
procedure under the Financial Instruments and Exchange Act. Quarterly review procedure under the
Financial Instruments and Exchange Act has not been completed at the date of submission of this summary.

Yushin Precision Equipment Co., Ltd. (6482)* Cautionary statement with respect to forward-looking statements and other special remarks
The forecasts above are based on the information currently available. A number of factors could cause
actual results to differ materially from expectations.
For more information about these assumptions and notes regarding the use of earnings forecasts, pleaserefer to “1. Qualitative Information on Quarterly Consolidated Financial Performance, (3) Explanation on
the forecast information including consolidated earnings forecast and others” on page 2 of [Attached
Material].

* Disclaimer
This English version is not an official translation of the original Japanese document. In cases where any
differences occur between the English version and the original Japanese version, the Japanese version shallprevail. Yushin Precision Equipment Co., Ltd. shall accept no responsibility or liability for damages orloss caused by any error, inaccuracy, misunderstanding or misspelling with regard to this translation. Thistranslation may be used only for reference purposes. Yushin Precision Equipment Co., Ltd. maintains theright to claim compensation from violators for any damage or loss it may suffer from the violation of these
conditions.

Yushin Precision Equipment Co., Ltd. (6482)[ Attached Material ]INDEX
1. Qualitative Information on Quarterly Consolidated Financial Performance ······································ 2(1) Explanation on the business results ················································································· 2(2) Explanation on the financial condition·············································································· 2(3) Explanation on the forecast information including consolidated earnings forecast and others ············· 2
2. Other Information (Notes) ······························································································· 2(1) Changes in significant consolidated subsidiaries ·································································· 2(2) Adoption of special accounting methods for preparation of quarterly financial statements ················· 2(3) Changes in accounting principles, accounting estimates and retrospective restatement ····················· 2
3. Consolidated Financial Statements ····················································································· 3(1) Consolidated balance sheets ·························································································· 3(2) Consolidated statements of income and consolidated statements of comprehensive income ··············· 5Consolidated statements of income ················································································· 5Consolidated statements of comprehensive income ······························································ 6(3) Notes related to consolidated financial statements ································································ 7< Notes related to going concern assumption > ····································································· 7< Notes in the event of significant changes in shareholders’ equity > ··········································· 7< Segment information > ······························································································· 7
4. Supplemental Information ······························································································· 8(1) Orders, backlog and sales ····························································································· 8(2) Overseas sales ·········································································································· 8

1Yushin Precision Equipment Co., Ltd. (6482)

1. Qualitative Information on Quarterly Consolidated Financial Performance(1) Explanation on the business results
During the first quarter ended June 30, 2013, the Eurozone economy was in a recession and business trends
in emerging countries were slowing down, but the world economy was sustained by a steady economy in
the US. Regarding the industry related to the Yushin Group, the demands on industries of Automotive andIT device relating to a smartphone and a tablet-type device increased. However, the situation has been
uncertain in whole.
Under these circumstances, the Yushin Group increased unit sales of main products, take-out robots whichwere developed based on the concepts of an energy saving, vibration suppression and a high-speed motion,
and which have been recognized its performance in many countries all over the world. Especially, take-out
robot sales in the US were maintained a good condition and orders from new customers in China and South
Korea significantly increased with customers’ recognition of our take-out robots with an energy saving
performance. And sales of custom-ordered equipments have been showing recovery. As the results,
consolidated net sales increased by 7.6% year-on-year to 3,736 million yen. Operating income increased by
85.4% year-on-year to 434 million yen, ordinary income increased by 75.1% year-on-year to 555 million
yen and net income for the period increased by 74.4% year-on-year to 326 million yen.
(2) Explanation on the financial condition<Assets>
Total assets decreased by 33 million yen from the end of the previous fiscal year to 23,711 million yen.
<Liabilities>
Total liabilities decreased by 240 million yen from the end of the previous fiscal year to 3,638 million yen.
This was mainly due to decrease of 223 million yen in notes and accounts payable-trade.
<Net assets>
Net assets increased by 206 million yen from the end of the previous fiscal year to 20,072 million yen due
mainly to the rise of foreign currency translation adjustment by 183 million yen.
(3) Explanation on the forecast information including consolidated earnings forecast and others
No revisions for interim and full year have been made to consolidated earnings forecasts for the fiscal year
ending March 31, 2014 released on May 9, 2013.

2. Other Information (Notes)(1) Changes in significant consolidated subsidiaries
None(2) Adoption of special accounting methods for preparation of quarterly financial statements
The effective tax rate on income before income tax for the consolidated fiscal year after the application oftax effect accounting is reasonably estimated, and this estimated rate is applied to net income for thequarterly period under review.
Income taxes–deferred are included in income taxes in the consolidated statements of income.
(3) Changes in accounting principles, accounting estimates and retrospective restatement
None

2Yushin Precision Equipment Co., Ltd. (6482)

3. Consolidated Financial Statements(1) Consolidated balance sheets
As of March 31, 2013
Amount%(Thousands of yen)
As of June 30, 2013
ChangeAmount%Amount<ASSETS>
Current assets
Cash and deposits

7,345,829

7,047,961(297,867)

Notes and accounts receivable - trade

4,601,853

4,508,384(93,468)

Short-term investment securities

300,000

300,000-

Merchandise and finished goods

1,077,587

1,228,006

150,418

Work in process

1,142,033

1,237,951

95,917

Raw materials and supplies

1,808,738

1,974,646

165,907

Deferred tax assets

392,745424,152

31,407

Other

370,154

296,759(73,395)

Allowance for doubtful accounts(16,073)(17,667)(1,593)

Total current assets

17,022,868

71.7

17,000,194

71.7(22,674)

Noncurrent assets
Property, plant and equipment
Buildings and structures

1,954,861

1,919,653(35,208)Land

3,953,407

3,960,527

7,119

Other

228,151

236,272

8,120

Total property, plant and equipment
Intangible assets

6,136,420

25.9

6,116,452

25.8(19,967)

100,007

0.4

106,753

0.4

6,745

Investments and other assets
Investment securities

246,287

246,989

701

Deferred tax assets

6,144

6,674

530

233,423

234,707

1,284

Allowance for doubtful accounts

(686)

(673)

13

Total investments and other assets

485,169

2.0

487,698

2.1

2,529

Total noncurrent assets

6,721,597

28.3

6,710,904

28.3(10,692)

Total assets

23,744,465

100.0

23,711,099

100.0(33,366)

Other

3

Yushin Precision Equipment Co., Ltd. (6482)

As of March 31, 2013
Amount%(Thousands of yen)
As of June 30, 2013
ChangeAmount%Amount<LIABILITIES>Current liabilities
Notes and accounts payable - trade

1,719,798

1,496,224(223,573)

Accounts payable - other

907,062

740,814(166,248)

Income taxes payable

280,914

213,589(67,325)

Advances received

264,646

307,51042,863

Provision for bonuses

192,000

100,000(92,000)

Provision for directors’ bonuses

19,7206,000(13,720)

Provision for product warranties

127,013

136,489

9,475

Other

188,950

422,524

233,574

Total current liabilities

3,700,105

15.6

3,423,152

14.4(276,952)

Noncurrent liabilities
Provision for directors’ retirement
benefits

66,78066,780-Other

111,957

148,546

36,588

Total noncurrent liabilities

178,7370.7

215,3260.9

36,5883,878,843

16.3

3,638,479

15.3(240,364)

Total liabilities<NET ASSETS>
Shareholders' equity
Capital stock

1,985,666

1,985,666-

Capital surplus

2,023,903

2,023,903-

Retained earnings

16,390,498

16,366,707(23,790)

Treasury stock(348,598)(348,953)(355)

Total shareholders’ equity
Accumulated other comprehensive
incomeValuation difference on
available-for-sale securities
Foreign currency translation
adjustment
Total accumulated
other comprehensive income

20,051,469

84.5

20,027,323

84.5(24,146)

58,23958,430190(317,906)(134,456)

183,450(259,667)(1.1)(76,026)(0.3)

183,641

73,8190.3

121,3220.5

47,502

Total net assets

19,865,622

83.7

20,072,620

84.7

206,997

Total liabilities and net assets

23,744,465

100.0

23,711,099

100.0(33,366)

Minority interests

4

Yushin Precision Equipment Co., Ltd. (6482)(2) Consolidated statements of income and consolidated statements of comprehensive income
Consolidated statements of income
Three months ended
June 30, 2012%
Amount(Thousands of yen)Three months ended
ChangeJune 30, 2013%
AmountAmountNet sales

3,472,946

100.0

3,736,098

100.0

263,152

Cost of sales

2,237,624

64.4

2,132,150

57.1(105,474)

Gross profit

1,235,321

35.6

1,603,947

42.9

368,626

Selling, general and administrative
expenses

1,000,893

28.8

1,169,275

31.3

168,381234,4286.8

434,67211.6

200,244

Operating income
Non-operating income
Interest income

4,318

3,978

(340)

Dividends income

1,974

2,234

259

Purchase discounts

2,727

3,384

656

Foreign exchange gains

69,815

104,857

35,042

Other

5,707

7,227

1,519

Total non-operating income

84,543

2.4

121,681

3.3

37,137

Non-operating expenses
Sales discounts

418

254

(163)

Other

1,139

332

(807)

Total non-operating expenses

1,558

0.1

587

0.0

(971)

317,4149.1

555,76714.9

238,352

Ordinary income
Extraordinary income
Gain on sales of noncurrent assets

38

Total extraordinary income

38

Extraordinary loss
Loss on sales and retirement of
noncurrent assets
Total extraordinary losses

0
0

0.0

0

0.0

0

Income before income taxes andminority interests

317,4539.1

557,068

14.9

239,615

Income taxes

115,334

3.3

199,682

5.3

84,348

Income before minority interests

202,118

5.8

357,386

9.6

155,267

Minority interests in income

15,1550.4

31,3840.8

16,228Net income

186,9635.4

326,0028.7

139,039

5

1,302
0.0

1,302

1,263
0.0

0

1,263

0

Yushin Precision Equipment Co., Ltd. (6482)

Consolidated statements of comprehensive income
Three months ended
June 30, 2012
Income before minority interests(Thousands of yen)Three months ended
ChangeJune 30, 2013

202,118

357,386

155,267(26,709)190

26,900113,729

199,569

85,839Total other comprehensive income

87,020199,759

112,739

Comprehensive income

289,138

557,146

268,007

270,143

509,643

239,500

18,99547,50228,506

Other comprehensive income
Valuation difference on available-forsale securities
Foreign currency translation
adjustments

Comprehensive income attributable toowners of the parent
Comprehensive income attributable tominority interests

6

Yushin Precision Equipment Co., Ltd. (6482)(3) Notes related to consolidated financial statements< Notes related to going concern assumption >None< Notes in the event of significant changes in shareholders’ equity >None< Segment information >FY2013 1Q (from April 1, 2012 to June 30, 2012)
Information related to sales and profit or loss for each reportable segment(Thousands of yen)Amounts shown on

Reportable segment
Total
Japan

U.S.A.

Asia

Adjustment

quarterly consolidated*1

statements of income

Europe*2

Net sales
Sales to customers

2,250,974

411,140772,614

38,2173,472,946-

3,472,946

Inter-segment sales

859,801

3,304

83,269220

946,595(946,595)-

3,110,776

414,444855,883

38,437

4,419,542(946,595)

3,472,946

232,510

28,78353,364(10,056)

304,602(70,173)

234,428

Total
Segment profit (loss)*Notes 1: The (70,173) thousand yen adjustment to segment profit (loss) includes eliminations for intersegment transactions of 1,070 thousand yen and inventory adjustments of (71,244) thousand yen.
*Notes 2: Segment profit (loss) is adjusted to be consistent with operating income shown on the quarterly
consolidated statements of income.

FY2014 1Q (from April 1, 2013 to June 30, 2013)
Information related to sales and profit or loss for each reportable segment(Thousands of yen)Amounts shown on

Reportable segment
Total
Japan

U.S.A.

Asia

EuropeAdjustment

quarterly consolidated*1

statements of income*2

Net sales
Sales to customers

2,012,417

602,026

820,426

301,228

3,736,098-

3,736,098

Inter-segment sales

1,233,742

3,124

77,0881,409

1,315,365(1,315,365)

-

Total

3,246,159

605,150

897,515

302,638

5,051,463(1,315,365)

3,736,098

193,036

89,049106,352

108,544496,982(62,310)434,672

Segment profit*Notes 1: The (62,310) thousand yen adjustment to segment profit includes eliminations for inter-segment
transactions of 1,702 thousand yen and inventory adjustments of (64,012) thousand yen.
*Notes 2: Segment profit is adjusted to be consistent with operating income shown on the consolidated
statements of income.

7

Yushin Precision Equipment Co., Ltd. (6482)

4. Supplemental Information(1) Orders, backlog and sales
a. Orders
1) Order received
Products(Thousands of yen)
FY2013 1Q

Take-out robots

ChangeFY2014 1Q(%)

2,836,221

3,254,775

114.8

Custom-ordered equipments

158,585

609,743384.5

Parts and maintenance service

584,035

587,292

100.6

3,578,842

4,451,811

124.4

Total

(Thousands of yen)

2) Backlog of orders
Products

As of June 30, 2012

Take-out robots

ChangeAs of June 30, 2013(%)

1,914,335

2,283,675

119.3

Custom-ordered equipments

592,321378,947

64.0

Parts and maintenance service

180,574

176,132

97.5

2,687,231

2,838,754

105.6

Total

(Thousands of yen)b. Net sales
Products

FY2013 1Q

Take-out robots

ChangeFY2014 1Q(%)

2,516,802

2,598,052

103.2

Custom-ordered equipments

394,092

580,638

147.3

Parts and maintenance service

562,051

557,40799.2

3,472,946

3,736,098

107.6

Total

(2) Overseas Sales
FY2013 1Q (from April 1, 2012 to June 30, 2012)
North America
I

Overseas sales

432,900(Thousands of yen)
Asia

Europe1,865,864

Other areas

63,249Total

46,549II Consolidated net sales
III Ratio of overseas sales toconsolidated net sales (%)

3,472,946
12.5

53.7

1.8

1.3

North America
Overseas sales

631,579

Asia

Europe1,658,727

Other areas

374,426

84,075

II Consolidated net sales
III Ratio of overseas sales toconsolidated net sales (%)

69.4(Thousands of yen)

FY2014 1Q (from April 1, 2013 to June 30, 2013)

I2,408,564

Total
2,748,809
3,736,098

16.9

44.4

8

10.0

2.3

73.6