< Translation >May 11, 2015

Consolidated Financial Results
for the Fiscal Year Ended March 31, 2015
<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
Yoshihisa Nakanishi, Accounting Manager
Tel: +81-75-933-9168 (from overseas)
Scheduled date of annual general shareholders’ meeting:June 23, 2015
Scheduled date to commence dividend payments:
June 9, 2015
Scheduled date to submit annual securities report:
June 26, 2015
Preparation of supplementary materials on financial results: Yes
Holding of financial results briefing:
Yes (for analysts)(Amounts less than one million yen are omitted, unless otherwise noted)

1. Consolidated Financial Results for the FY2015 (from April 1, 2014 to March 31, 2015)(1) Consolidated operating results
Net sales
FY2015FY2014

Millions of yen%

17,79917,909(0.6)
21.7

Note: Comprehensive income

Net income
per share
FY2015FY2014(Percentages indicate year-on-year changes)
Ordinary income
Net income

Operating income
Millions of yen%

Millions of yen%

2,304 (17.5)
2,792
86.3

2,542
3,095

(17.8)
77.2

FY2015: 2,320 million yen [(8.2)%]

Millions of yen%

1,683 (11.1)
1,893 69.8

FY2014: 2,527 million yen [71.7%]

Diluted net
Return on equity
income per share

Ratio of ordinary Ratio of operating
income toincome tototal assets
net sales

Yen

Yen

%

%

%

96.26
108.24

-

7.4
9.1

9.1
12.4

12.9
15.6

Reference: Equity in earnings (losses) of affiliates

FY2015: - million yen

FY2014: - million yen(2) Consolidated financial position
Total assets

Net assets

Net assets
per share

Equity ratio

Millions of yen

Millions of yen%

Yen

29,463
26,252

23,97021,87580.6
82.9

1,357.36
1,243.88

As of March 31, 2015
As of March 31, 2014

Reference: Equity capital (Net assets less minority interests)
As of March 31, 2015: 23,737million yen

As of March 31, 2014: 21,753 million yen

Yushin Precision Equipment Co., Ltd. (6482)(3) Consolidated cash flows
Net cash provided by(used in) operating
activities

Net cash provided by(used in) investing
activities

Net cash providedby (used in)financing activities

Millions of yen

Millions of yen

Millions of yen

Millions of yen

2,104
2,575

(256)
(2,389)

(560)
(569)

9,089
7,506

FY2015FY2014

Cash and cash
equivalents
at end of period

2. Cash Dividends
Annual dividends per share
1Q

FY2014FY2015FY2016(Forecast)

2Q

3Q

4Q

Total cash
dividends(annual)

Total

Ratio ofdividends to
net assets(consolidated)

Dividend
payout ratio(consolidated)

Yen

Yen

Yen

Yen

Yen

Millions of yen

%

%

-

10.00
10.00

-

20.00
20.00

30.00
30.00

524
524

27.7
31.2

2.5
2.3

-

15.00

-

21.00

36.00

30.0

3. Consolidated Earnings Forecasts for the FY2016(from April 1, 2015 to March 31, 2016)(Percentages indicate year-on-year changes)
OperatingincomeNet sales

Net income attributed toshareholdersof the parent company

Ordinary
incomeNet income
per share

Millionsof yen%Millionsof yen%Millionsof yen%Millionsof yen%YenFirst six months
ending September
30, 2015

9,200

11.3

1,280

15.1

1,310

6.9

960

21.2

54.89

FY2016

19,500

9.6

2,800

21.5

3,000 18.0

2,100

24.7

120.08* Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying
changes in scope of consolidation): None
Newly added: Excluded: (2) Changes in accounting policies, changes in accounting estimates, and restatement
1) Changes in accounting policies due to revisions to accounting standards and other regulations: Yes
2) Changes in accounting policies due to other reasons:None3) Changes in accounting estimates:
None4) Restatement:
None(3) Number of issued shares (common stock)1) Number of issued shares at the end of the period (including shares of treasury stock)
As of March 31, 2015: 17,819,033 shares
As of March 31, 2014: 17,819,033 shares
2) Number of shares of treasury stock at the end of the period
As of March 31, 2015:
330,904 shares
As of March 31, 2014:
330,197 shares
3) Average number of outstanding shares during the period
FY2015:
17,488,459 shares
FY2014:
17,489,268 shares

Yushin Precision Equipment Co., Ltd. (6482)(Reference) Summary of Non-consolidated Financial Results
1. Non-consolidated Financial Results for the FY2015 (April 1, 2014 - March 31, 2015)(1) Non-consolidated operating results
Net sales
FY2015FY2014(Percentages indicate year-on-year changes)
Ordinary income
Net income

Operating income

Millions of yen%

13,907
14,351%Millions of yen%

Millions of yen

%

(3.1)
15.8

1,319 (18.1)
1,611 73.7

2,201
2,258

(2.5)
75.3

1,753
1,616

(8.4)
71.6

Net income per share

Diluted Net income
per share

Yen

Yen

100.2692.44-

FY2015FY2014

Millions of yen(2) Non-consolidated financial position
Total assets

Total net assets

Net assets
per share

Equity ratio

Millions of yen

Millions of yen%

Yen

25,027
23,69321,51020,13885.9
85.0

1,230.02
1,151.50

As of March 31, 2015
As of March 31, 2014
Reference: Equity capital (Net assets)

As of March 31, 2015: 21,510 million yen

As of March 31, 2014: 20,138 million yen* Presentation of situation of audit proceduresThis financial information included in this summary is out of scope of audit procedure under the Financial
Instruments and Exchange Act. Audit procedure under the Financial Instruments and Exchange Act has notbeen completed at the date of submission of this summary.
* 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, please refer
to “1. Operating and Financial Review, (1) Analysis of operating results” on page 2 of the attacheddocuments.
* 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 or loss
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. Operating and Financial Review ························································································ 2(1) Analysis of operating results ························································································· 2(2) Analysis of financial condition ······················································································ 3(3) Basic policy on allocation of profits and dividends······························································· 3
2. Management Policies ····································································································· 4(1) Fundamental management policy ···················································································· 4(2) Managerial indicators for targets····················································································· 4(3) Medium and long-term management strategies ···································································· 4(4) Issues to be addressed ································································································· 4(5) Other significant management issue ················································································· 4
3. Selection of Accounting Standards ····················································································· 4
4. Consolidated Financial Statements ····················································································· 5(1) Consolidated balance sheets ························································································· 5(2) Consolidated statements of income and consolidated statements of comprehensive income ··············· 7
Consolidated statements of income ················································································· 7
Consolidated statements of comprehensive income ······························································ 8(3) Consolidated statements of changes in net assets ······························································· 9(4) Consolidated statements of cash flows ············································································11(5) Notes to consolidated financial statements········································································12Notes related to Regarding premise of going concerns··························································12Basis of Presenting Consideration Financial Statements ······················································12
Changes in accounting policies ·····················································································13
Segment information etc. ····························································································13
Per share indexes ······································································································15
Significant subsequent events ·······················································································15Order, backlog and sales ·····························································································16
Overseas sales ·········································································································16
5. Non-consolidated Financial Statements ··············································································17(1) Non-consolidated balance sheets ···················································································17(2) Non-consolidated statements of income ···········································································19(3) Non-consolidated statements of changes in net assets ··························································20
6. Other Information ········································································································22

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

1. Operating and Financial Review(1) Analysis of operating results1) Overview of business environment in fiscal year ended March 31, 2015 (“this fiscal year”)
In this fiscal year, although the economy of the United States was strong, European economy struggled
and the economic growth of Asian countries including China slowed down. And there was some expansionin unstable political situations in some countries and areas. Regarding the industries relating to Yushin
Group, demands on the industry of automotive and IT devices such as smartphones have kept strong.
And there were some improvements of the investment for the equipment in Japan following strong
overseas.
In these circumstances, Yushin Group maintained favorable sales of take-out robots which contribute alabor-saving in the back ground of raise of labor costs in Asian countries. On the other hand, sales ofcustom-ordered equipment fell below the plan because the delivery was delayed until following fiscal year.
Yushin group absorbed increase of material costs arisen from a weak yen by a continuous cost reducing
activities, but increases of labor costs and some expenses caused cost of goods sold increased. As the result,consolidated net sales decreased by 0.6% year on year to 17,799 million yen. Operating income decreased
by 17.5% year on year to 2,304 million yen, ordinary income decreased by 17.8% year on year to 2,542
million yen, and net income decreased by 11.1% year on year to 1,683 million yen.
Operating result by product category< Take-out robot >Net sales of take-out robots, which contribute a labor-saving, increased by
355 million yen (2.8%) from the previous FY to 13,092 million yen.
< Custom-ordered equipment >Net sales of custom-ordered equipment decreased by 831 million yen(31.6%) from the previous FY to 1,794 million yen because the delivery
was delayed until following fiscal year.
< Parts and maintenance service > Net sales of parts and maintenance service increased by 364million yen(14.3%) from the previous FY to 2,911 million yen.
Operating result by segment category< Japan >Net sales decreased by 3.1% to 13,907 million yen and operating income decreased by
18.1% from the previous FY to 1,319 million yen.
< North America > Net sales decreased by 1.3% from the previous FY to 2,789 million yen and operating
income decreased by 41.1% to 274 million yen.
< Asia >Net sales increased by 16.0% from the previous FY to 5,376 million yen and operating
income increased by 14.2% to 788 million yen due to the good performance of thesubsidiary in Thailand and Malaysia.
< Europe >Net sales increased by 1.8% from the previous FY to 638 million yen and operating
income decreased by 22.7% from the previous FY to 73 million yen.
2) Business forecasts for the FY2016
As for the business environment surrounding the Yushin Group, the economic recovery and the returnof manufacturing from overseas are expected in Japan. As for the overseas, the economic growth in someemerging countries are expected to slow down, although the economy of the United States is expected toremain strong.
Under these circumstances, Yushin will extend the quality and scale of our business by developing
products to meet market demands, utilizing our global sales and service network, and strengthening
our sales capabilities. Yushin will also attract new customer for the take-out robots while expanding salesof custom-ordered equipment. Furthermore, Yushin will expand earnings by increasing sales of medical
related area and sales of overseas subsidiaries, as well as a continuous cost reducing activities.
Yushin forecasts its business performance for the FY2016, based on the current information available,
as follows.
(Millions of yen)
Net income attributed toOperating
Ordinary
Net sales
shareholders of theincomeincomeparent company
19,500
2,800
3,000
2,100
Consolidated(Y/Y 9.6 %)(Y/Y 21.5 %)(Y/Y18.0 %)(Y/Y 24.7 %)2

Yushin Precision Equipment Co., Ltd. (6482)(2) Analysis of financial condition
Overview of assets, liabilities and net assets< Assets >Total assets increased by 3,211 million yen from the end of the previous fiscal year to 29,463 million
yen due to increase of 1,406 million yen in Cash and deposit, and increase of 585 million yen in Notes andaccounts receivable - trade.
< Liabilities >Total liabilities increased by 1,117 million yen from the end of the previous fiscal year to 5,493 million
yen. This was due to increase of 894 million yen in Advances received.
< Net assets >Net assets increased by 2,094 million yen from the end of the previous fiscal year to 23,970 million yen
due to the rise of retained earnings by 1,446 million yen and foreign currency translation adjustments by
416 million yen.
Overview of cash flow
The balance of cash and cash equivalents on March 31, 2015 increased by 1,582 million yen from the endof the previous fiscal year to 9,089 million yen. Main reason is as follows.
< Cash flow from operating activities >Income before income taxes and minority interests was 2,566 million yen. After adding 971 million yen
in increase in other current liabilities, and deducting 1,350 million yen in Income taxes paid, cash flowfrom operating activities for the fiscal year ended March 31, 2015 was a net inflow of 2,104 million yen (itwas a net inflow of 2,575 million yen in the previous fiscal year).
< Cash flow from investment activities >Due to 461 million yen in Purchase of property, plant and equipment, cash flow from investment
activities for the fiscal year ended March 31, 2015 was a net outflow of 256 million yen (it was a net outflow
of 2,389 million yen in the previous fiscal year).
< Cash flow from financing activities >Due to Cash dividends paid of 524 million yen, cash flow from financing activities was a net outflow of
560 million yen (it was a net outflow of 569 million yen in the previous fiscal year).
Reference: Trend of cash flow indexes
FY2011FY2012FY2013
FY2014FY2015Equity ratio
85.5%
82.8%
83.4%
82.9%
80.6%
Equity ratio based
123.0%
127.7%
131.6%
199.9%
144.1%
on market price*Notes: 1. Equity ratio: Shareholders’ equity / Total assets
Equity ratio based on market price: Total amount of shares at market price / Total assets
2. Amortization term and interest coverage ratio is not shown since the balance ininterest-bearing debt and interest payment is insignificant.
3. Each of the above indices is calculated by the consolidated financial results.
4. Total amount of shares at market price is calculated based on the number of shares
outstanding excluding treasury stock on this date.

(3) Basic policy on allocation of profits and dividends
Yushin regards the allocation of profits to shareholders as one of the most important management tasks. To
this end, Yushin makes efforts to maintain stable operating results and improve return on equity. Yushin’s
basic policy is to actively distribute profits to shareholders after taking into consideration each fiscal year’s
results. For the fiscal year ended March 31, 2015, a full-year dividend is planned to be 30 yen per share,comprising an interim dividend of 10 yen per share and a year-end dividend of 20 yen per share.
Yushin has a target at the realization of 30% or more of dividend payout ratio to consolidated net income.
For the next fiscal year, Yushin plans to pay a full-year dividend of 36 yen per share, comprising an interim
dividend of 15 yen per share and a year-end dividend of 21 yen per share.

3

Yushin Precision Equipment Co., Ltd. (6482)

2. Management Policies(1) Fundamental management policy
Yushin’s fundamental policy is to contribute widely to society through the creation of innovativetechnology that enables customers to rationalize their production activities in plastic molding industry.
Yushin conducts its business so as to live up to the trust and expectations of its customers, shareholders,
suppliers, employees, local communities and all other stakeholders.
(2) Managerial indicators for targets
Yushin has set the medium-term management targets of net sales of 30,000 million yen and ordinary
income of 5,000 million yen for the FY2019. To this end, Yushin has set the targets of net sales of 19,500
million yen and ordinary income of 3,000 million for the FY2016.
(3) Medium and long-term management strategies
Yushin aims at becoming number-one across the board in the “take-out robot” industry, bydeveloping superior cost-effective products with its quality and performance that meet our customer
needs, and by conducting business even more aggressively in the global market.
This will be achieved by the following product strategies:- Yushin developed a new take-out robot utilizing optimum design technology in 2010. This
technology has been applied hereafter to general purpose take-out robot. It is the technology which
can largely contribute to power-saving by reducing weight . Yushin will offer thisdefinitely-differentiated product by appealing the performance superiority such as high-speed
motion, vibration suppression and power-saving.
- Develop businesses in the medical-related and electronic devices-related area as new domains thathave technological synergies.
Market strategies are as follows:- Yushin has developed a sales and service network for take-out robots in the U.S, Asia, andEurope. Yushin will continuously expand and strengthen the network in areas where business is
expected to grow, including South East Asia and Latin America, to develop a global business that
can adequately respond to worldwide customer purchases.
- By appearing superior performance of take-out robot with high-speed motion, vibration suppression
and power-saving, Yushin will aim to develop new customers in emerging countries where laborcosts are highly rising.
- Maximally utilize the production and development capacity of Technical center to respond to thesales increase in medical-related and electronic device-related area.
(4) Issues to be addressed
In the existing business area, Yushin must reinforce its products including price competitiveness, andstrengthen its power of global marketing and develop world-class human resources who can sustain for
expanding our presence around the world.
In the new business area, aiming to establish multiple core businesses, Yushin must develop new
products that can manifest technological and/or sales synergies.
(5) Other significant management issue
There is no other significant management issue.

3. Selection of accounting standards
Yushin plans to continue its policy of generating consolidated financial statements according toJapanese standards in consideration of the fact Yushin does not conduct global funding and to enable thecomparison with other Japanese companies in the same sector.
With regard to the adoption of IFRS, Yushin will take into account the situation across various
domestic and international markets and take appropriate action.

4

Yushin Precision Equipment Co., Ltd. (6482)

4. Consolidated Financial Statements(1) Consolidated balance sheets
As of March 31, 2014
Amount%(Thousands of yen)
As of March 31, 2015
ChangeAmount%Amount<ASSETS>
Current assets
Cash and deposits

7,728,245

9,134,653

1,406,408

Notes and accounts receivable trade5,263,663

5,848,881

585,218

Merchandise and finished goods

837,873

1,111,488

273,614Work in process

1,076,358

1,010,085(66,272)

Raw materials and supplies

2,076,333

2,237,352

161,019

Deferred tax assets

519,500

602,050

82,550

Other334,029455,397

121,367

Allowance for doubtful accounts(25,363)(25,952)(588)

Total current assets

17,810,640

67.8

20,373,958

69.2

2,563,317

Noncurrent assets
Property, plant and equipment
Buildings and structures

1,846,455

1,725,817(120,638)

111,845

99,298(12,547)Land

5,640,928

5,807,868

166,939

Other

159,405

461,856

302,450

Machinery, equipment and vehicles

Total property, plant and equipment
Intangible assets

7,758,635

29.6

8,094,840

27.5

336,205

146,080

0.6

161,853

0.5

15,773

Investments and other assets
Investment securities

230,176

294,879

64,703Net defined benefit asset

107,464

346,848239,384

Other

200,015

191,834(8,180)Allowance for doubtful accounts(1,003)

(443)

560

Total investments and other assets

536,652

2.0

833,1202.8

296,467

Total noncurrent assets

8,441,368

32.2

9,089,814

30.8

648,445

Total assets

26,252,009

100.0

29,463,773

100.0

3,211,763

5

Yushin Precision Equipment Co., Ltd. (6482)

As of March 31, 2014
Amount%(Thousands of yen)
As of March 31, 2015
ChangeAmount%Amount<LIABILITIES>Current liabilities
Notes and accounts payable - trade

1,696,371

2,363,099

666,727

Accounts payable - other633,809526,107(107,702)

Income taxes payable

767,962

265,529(502,433)

Advances received

388,832

1,282,839

894,006

Provision for bonuses

214,000

235,000

21,000

Provision for directors’ bonuses

34,50030,750(3,750)

Provision for product warranties

138,670

179,131

40,460

4,466

3,247

(1,219)229,290

186,607(42,683)

Deferred tax liabilities
Other
Total current liabilities
Noncurrent liabilities
Provision for directors’ retirement
benefits
Net defined benefit liability

4,107,905

15.7

5,072,311

17.2

964,405

66,78066,780-33,93838,7294,790

Deferred tax liabilities

93,145

237,922

144,777

Other

74,31477,887

3,573

Total noncurrent liabilities

268,178

1.0

421,319

1.4

153,141

4,376,083

16.7

5,493,630

18.6

1,117,547

Total liabilities<NET ASSETS>
Shareholders' equity
Capital stock

1,985,666

1,985,666-

Capital surplus

2,023,903

2,023,903-

Retained earnings

17,758,839

19,205,664

1,446,825

Treasury stock(350,265)(352,005)(1,740)Total shareholders’ equity
Accumulated other comprehensive
incomeValuation difference on
available-for-sale securities
Foreign currency translation
adjustment
Remeasurements of defined benefit
plans
Total accumulated
other comprehensive income
Minority interests

21,418,143

81.6

22,863,228

77.6

1,445,084

53,416

107,00353,586242,279

658,809416,529

40,105

108,707

68,602335,801

1.3

874,5203.0

538,718

121,9800.4

232,3930.8

110,412

Total net assets

21,875,926

83.3

23,970,142

81.4

2,094,216

Total liabilities and net assets

26,252,009

100.0

29,463,773

100.0

3,211,763

6

Yushin Precision Equipment Co., Ltd. (6482)(2) Consolidated statements of income and consolidated statements of comprehensive income
Consolidated statements of income%

FY2015
Amount(Thousands of yen)
Change%Amount17,909,292

100.0

17,799,020

100.0(110,272)

Cost of sales

10,269,015

57.3

10,521,425

59.1

252,410Gross profit

7,640,276

42.7

7,277,594

40.9(362,682)

Selling, general and administrative
expenses

4,848,218

27.1

4,973,317

27.9

125,098

Operating income

2,792,058

15.6

2,304,276

12.9(487,781)

FY2014
AmountNet sales

Non-operating income
Interest and dividends income

20,41925,985

5,566

Foreign exchange gains

249,737

183,867(65,870)

Other

35,18433,090(2,093)

Total non-operating income

305,341

1.7

242,943

1.4(62,398)

Non-operating expenses
Sales discounts

1,003

1,041

38

-

913

913

Other

1,138

2,393

1,255

Total non-operating expenses

2,141

0.0

4,348

0.0

2,207

3,095,258

17.3

2,542,871

14.3(552,387)

Loss on cancellation of leases

Ordinary income
Extraordinary income
Gain on sales of noncurrent assets

2,934

4,554

1,619

Gain on sales of investment
securities

9,047

19,127

10,080Subsidy income

80,000-(80,000)

Total extraordinary income

91,982Extraordinary loss
Loss on sales and retirement of
noncurrent assets
Total extraordinary losses

23,522
23,522

0.1

227

0.0

(23,295)

Income before income taxes andminority interests

3,163,717

17.7

2,566,325

14.4(597,391)

Income taxes - current

1,274,629

7.1

863,3404.9(411,288)

Income taxes - deferred(66,217)(0.4)(52,068)(0.3)

14,1491,955,306

10.9

1,755,053

9.9(200,252)

62,2780.3

71,573

0.4

9,295

1,893,027

10.6

1,683,479

9.5(209,548)

Income before minority interests
Minority interests in income
Net income

7

0.5

23,6820.1

227(68,299)(23,295)

Yushin Precision Equipment Co., Ltd. (6482)

Consolidated statements of comprehensive income
FY2014
Income before minority interests

FY2015(Thousands of yen)
Change1,955,306

1,755,053(200,252)

Other comprehensive income
Valuation difference on
available-for-sale securities
Foreign currency translation
adjustments
Remeasurements of defined benefit
plans(4,822)53,58658,408577,276

443,005(134,271)-

68,602

68,602

Total other comprehensive income

572,454565,193(7,260)2,527,760

2,320,247(207,513)

2,448,391

2,222,198(226,193)

79,36898,04818,680Comprehensive income
Comprehensive income attributable toowners of the parent
Comprehensive income attributable tominority interests

8

Yushin Precision Equipment Co., Ltd. (6482)(3) Consolidated statements of changes in net assets
FY2014(Thousands of Yen)
Shareholders’ equity
Capital stock
Balance at the beginning ofcurrent period
Cumulative effects ofchanges in accounting
policies

1,985,666

Restated balance

1,985,666

CapitalSurplus2,023,903

Treasury
stock

Total
Shareholders’ equity

16,390,498(348,598)

20,051,469-

2,023,903

Changes of items during theperiodDividends from surplus
Net income
Purchase of treasury stock
Increase (decrease)accompanying unificationof financial reporting dateof consolidated subsidiaries
Net changes of items otherthan shareholders’ equity
Total changes of items during
the period
Balance at the end of current
periodRetained earnings

16,390,498(348,598)

20,051,469(524,686)(524,686)

1,893,027

1,893,027(1,667)(1,667)---

1,368,341(1,667)

1,366,673

1,985,666

2,023,903

17,758,839(350,265)

21,418,143

Accumulated other comprehensive income
Valuationdifference on
available-for-salesecurities

Balance at the beginning ofcurrent period
Cumulative effects ofchanges in accounting
policies

58,239

Restated balance

58,239Changes of items during theperiodDividends from surplus
Net income
Purchase of treasury stock
Increase (decrease)accompanying unificationof financial reporting dateof consolidated subsidiaries
Net changes of items otherthan shareholders’ equity
Total changes of items during
the period
Balance at the end of current
periodForeigncurrencytranslation
adjustment(317,906)

Remeasurementsof defined benefit
plans

Total
accumulated
othercomprehensive
incomeMinority
interests-(259,667)

73,819Total net
assets

19,865,622-(317,906)-(259,667)

73,81919,865,622(524,686)
1,893,027(1,667)-(4,822)560,186

40,105595,469

48,160643,630(4,822)560,186

40,105595,469

48,1602,010,304

53,416242,279

40,105335,801

121,980

21,875,926

9

Yushin Precision Equipment Co., Ltd. (6482)

FY2015(Thousands of Yen)
Shareholders’ equity
Capital stock
Balance at the beginning ofcurrent period
Cumulative effects ofchanges in accounting
policies

1,985,666

Restated balance

1,985,666

CapitalSurplus2,023,903

Treasury
stock

Total
Shareholders’ equity

17,758,839(350,265)

21,418,143

91,8582,023,903

Changes of items during theperiodDividends from surplus

17,850,697

91,858(350,265)

21,510,001(524,661)(524,661)

1,683,479

Net income
Purchase of treasury stock
Increase (decrease)accompanying unificationof financial reporting dateof consolidated subsidiaries
Net changes of items otherthan shareholders’ equity
Total changes of items during
the period
Balance at the end of current
periodRetained earnings

1,683,479(1,740)(1,740)196,148

196,148--

1,354,967(1,740)1,353,226

1,985,666

2,023,903

19,205,664(352,005)

22,863,228

Accumulated other comprehensive income
Valuationdifference on
available-for-salesecurities

Balance at the beginning ofcurrent period
Cumulative effects ofchanges in accounting
policies

53,416

Restated balance

53,416

Changes of items during theperiodDividends from surplus
Net income
Purchase of treasury stock
Increase (decrease)accompanying unificationof financial reporting dateof consolidated subsidiaries
Net changes of items otherthan shareholders’ equity
Total changes of items during
the period
Balance at the end of current
periodForeigncurrencytranslation
adjustment

Remeasurementsof defined benefit
plans

Total
accumulated
othercomprehensive
incomeMinority
interests

Total net
assets242,279

40,105335,801

121,980

21,875,926
91,858242,279

40,105335,801

121,980

21,967,784(524,661)
1,683,479(1,740)196,148

53,586

416,529

68,602538,718

110,412649,13153,586

416,529

68,602538,718

110,4122,002,358

107,003658,809108,707874,520232,393

23,970,142

10

Yushin Precision Equipment Co., Ltd. (6482)(4) Consolidated statements of cash flows

Net cash provided by (used in) operating activities
Income before income taxes and minority interests
Depreciation and amortization
Increase (decrease) in allowance for doubtful
accounts
Increase (decrease) in provision for bonuses
Increase (decrease) in provision for directors’
bonuses
Increase (decrease) in net defined benefit liability
Interest and dividends income
Loss (gain) on sales of securities and investment
securities
Decrease (increase) in notes and accounts receivable- tradeDecrease (increase) in inventories
Increase (decrease) in notes and accounts payable- tradeIncrease (decrease) in other current liabilities
Other, net
SubtotalInterest and dividends income received
Proceeds from insurance income
Income taxes paid
Net cash provided by (used in) operating activities
Net cash provided by (used in) investing activities
Payments into time deposits
Payback 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
Proceeds from sales of investment securities
Net cash provided by (used in) investing activities
Net cash provided by (used in) financing activities
Purchase of treasury stock
Cash dividends paid
Payment of dividends to minority shareholders
Net cash provided by (used in) financing activities
Effect of exchange rate changes on cash and cash
equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Increase (decrease) in cash and cash equivalents accompanying
unification of accounting period of consolidated subsidiaries

Cash and cash equivalents at end of period

11(Thousands of yen)
ChangeFY2014FY2015

3,163,717
336,394

2,566,325
411,396(597,391)
75,001

7,420(1,169)(8,589)22,00021,000(1,000)14,780(3,750)(18,530)(39,251)(20,419)

3,127(25,985)

42,379(5,566)(9,047)(19,127)(10,080)(377,112)(200,364)

176,747

315,950(321,059)(637,009)(366,946)

100,319467,265

204,606
59,2793,311,372
20,492(756,454)
2,575,410

971,858(103,600)
3,398,970
25,97830,304(1,350,705)
2,104,547

767,251(162,880)
87,597
5,485
30,304(594,250)(470,863)(198,662)
89,400(2,264,993)
3,559(36,259)(1,207)
18,540(2,389,624)(19,409)
207,400(461,560)
6,204(18,954)(1,202)30,652(256,869)

179,253
118,000
1,803,433
2,645
17,304
4
12,112
2,132,754(1,667)(524,064)(43,783)(569,514)(1,740)(524,726)(34,072)(560,540)

(73)
(662)
9,710
8,974

325,456

245,528(79,928)(58,270)
7,564,829

1,532,666
7,506,558

1,590,937(58,270)-

49,842

49,842

7,506,558

9,089,067

1,582,509

Yushin Precision Equipment Co., Ltd. (6482)(5) Notes to consolidated financial statements
Notes related to Regarding premise of going concerns
Non applicable
Basis of Presenting Consideration Financial Statements
Change in fiscal year of subsidiaries
The date of closing accounting period for Yushin America, Inc. and all other consolidated subsidiaries
was December 31st of the year until last fiscal year of the Group. Subsidiaries’ financial statements as of
the closing date were used in preparation of the consolidated financial statements and adjustments
considered necessary for consolidation were made in accordance with Japanese standards.
In order to provide more appropriate disclosure of consolidated financial statements, the Group altered
the way of disclosure on the consolidated financial statements based on a unified financial reporting date.
All subsidiaries prepare provisional settlements of account as of March 31st and those financial statements
are taken into the consolidated financial statements from the beginning of this fiscal year.
Profit and loss of all subsidiaries between January 1st, 2014 and March 31st, 2014 were directly
recognized in “Retained earnings” of the consolidated financial statements.
[Procedure for consolidation in this fiscal year]
Financial Statementsfrom April 2014 to March 2015

Parent company

Subsidiaries

Financial Statementsfrom April - December 2014

F/S
Jan-Mar 2014

F/S
Jan-Mar 2015

Retainedearnings[Change of consolidation procedure]
Parent company

Subsidiaries

Parent company

Subsidiaries

Financial Statementsfrom April 2013 to March 2014
Financial Statementsfrom January to December 2013

Financial Statementsfrom April 2014 to March 2015
Financial statements from April to December 2014
and Financial statements from January to March 201512

Yushin Precision Equipment Co., Ltd. (6482)

Changes in accounting policies
Adoption of Accounting Standard for Retirement Benefits
Yushin has adopted the Accounting Standard for Retirement Benefits (ASBJ Statement No.26
issued on May 17, 2012; hereinafter, the “Accounting Standard for Retirement Benefits”) and the
Guidance on Accounting Standard for Retirement Benefits (ASBJ Guidance No.25 issued on May 17,
2012; hereinafter, the “Guidance on Accounting Standard for Retirement Benefits”) in accordance with
Article 35 of the Accounting Standard for Retirement Benefits and Article 67 of the Guidance on
Accounting Standard for Retirement Benefits from the current consolidated fiscal year under review.
Yushin reviewed the calculation methods of retirement benefit obligations and service costs, andchanged the method of attributing all contributions over all periods to periods of service based on thebenefit formula instead of on a straight-line basis, as well as the method of determining a discount ratefrom the use of a discount rate based on the number of years similar to that of the average remaining
service period of employees to the use of a single weighted average discount rate that reflects theestimated payment period of retirement benefits and the amount per that period.
Yushin adopted these accounting standard and guidance in accordance with the transitional
treatment specified in Article 37 of the Accounting Standard for Retirement Benefits. Amounts
occurred due to such changes in calculation methods are recognized by adding to or deducting fromretained earnings at the beginning of current consolidated fiscal year under review.
As a result, Net defined benefit asset on the consolidated balance sheet was increased by 142,415
thousand yen and Retained earnings was increased by 91,858 thousand yen at the beginning of current
consolidated fiscal year under review. The impact of the above changes to for the current consolidated
fiscal year under review is immaterial.
Also noted that the effect on Net assets per share increased by 5.25 yen.
Segment information etc.
Segment information
1. Overview of reportable segment
Segments used for financial reporting are the Company’s constituent units for which separate
financial information is available and for which the Board of Directors performs periodic studies forthe purposes of determining the allocation of resources and evaluating performance.
Yushin carries out the development, production, sales and after-sales maintenance of take-out
robots for injection-molded products and peripheral equipment, including labor-saving systems. In
the domestic market, these operations are handled by the Company; overseas markets - North
America, Asia (South Korea, Taiwan, China, Indonesia, Vietnam, Malaysia, Thailand and India)
and Europe (UK) - are serviced by local subsidiaries, including Yushin America Inc. (US), Yushin
Korea Co., Ltd. (South Korea) and Yushin Automation Limited (Europe). The local subsidiaries are
independently managed units, with separately drafted strategies and activities.
Accordingly, Yushin's operations, based on its production, sales and after-sales maintenancesetups, are geographically grouped into four reportable segments: Japan, North America, Asia andEurope.
2. Method of calculating sales and profit (loss), identifiable assets, and other items by businesssegment reported
Accounting policies for the reportable business segments are the same as “Basis of Presenting
Consideration Financial Statements”.
Income by business segment reported is calculated based on operating income.
Inter-segment income and transfer are based on realized market price basis.

13

Yushin Precision Equipment Co., Ltd. (6482)

3. Information related to sales and profit (loss), identifiable assets, and other items for each reportablesegment
FY2014 (from April 1, 2013 to March 31, 2014)(Thousands of yen)

Reportable segment

Net sales
Sales to customers
Inter-segment sales
or transfers
Total
Segment profit
Segment assets
Other items
Depreciation andamortization
Increment of tangible& intangible assets

Total

Adjustment

Amounts
shown onconsolidated
statements ofincome *2

Japan

North
America

Asia

Europe10,132,670

2,802,486

4,355,384

618,751

17,909,292-

17,909,292

4,218,570

25,255277,392

8,056

4,529,275(4,529,275)-

14,351,240

2,827,741

4,632,776

626,808

22,438,567(4,529,275)

17,909,292

1,611,488

464,896

690,467

94,6582,861,511(69,452)

2,792,058

16,207,281

1,797,913

3,194,755

569,821

21,769,772

4,482,237

26,252,009

230,205

25,07818,218

8,665

282,168-

282,168

1,856,082

20,94334,001

13,682

1,924,710-

1,924,710*1*Notes 1: Adjustment is as follows.
(1) The (69,452) thousand yen adjustment to segment profit includes eliminations for inter-segment
transactions of 7,920 thousand yen and inventory adjustments of (77,373) thousand yen.
(2) The 4,482,237 thousand yen adjustment to segment assets includes eliminations for inter-segment
transactions of (2,173,873) thousand yen and operating funds of surplus assets by the Company(cash and deposits, securities) of 6,593,931 thousand yen.
*Notes 2: Segment profit is adjusted to be consistent with operating income shown on the consolidated statements ofincome.

FY2015 (from April 1, 2014 to March 31, 2015)(Thousands of yen)

Reportable segment

Net sales
Sales to customers
Inter-segment sales ortransfers
Total
Segment profit
Segment assets
Other items
Depreciation andamortization
Increment of tangible& intangible assets

Total

Adjustment

Amounts
shown onconsolidated
statements ofincome *2

Japan

North
America

Asia

Europe9,295,490

2,782,414

5,086,432

634,681

17,799,020-

17,799,020

4,612,451

7,393

289,620

3,350

4,912,815(4,912,815)-

13,907,942

2,789,808

5,376,052

638,032

22,711,835(4,912,815)

17,799,020

1,319,724

274,049

788,452

73,1842,455,411(151,135)

2,304,276

17,232,145

2,202,478

4,343,719

1,538,820

25,317,163

4,146,609

29,463,773

216,088

27,972

22,92010,738

277,721-277,721309,076

165,258

200,384

7,620

682,339-

682,339*1*Notes 1: Adjustment is as follows.
(1) The (151,135) thousand yen adjustment to segment profit includes eliminations for inter-segment
transactions of (19,626) thousand yen and inventory adjustments of (131,508) thousand yen.
(2) The 4,146,609 thousand yen adjustment to segment assets includes eliminations for inter-segment
transactions of (3,065,502) thousand yen and operating funds of surplus assets by the Company(cash and deposits, securities) of 7,212,112 thousand yen.
*Notes 2: Segment profit is adjusted to be consistent with operating income shown on the consolidated statements ofincome.

14

Yushin Precision Equipment Co., Ltd. (6482)

Per share indexes(Yen)
FY2014FY2015Book-value per share (BPS)

1,243.88

1,357.36

Earnings per share (EPS)

108.24

96.26*Notes 1: Net income per share fully diluted is not shown since there is none.

*Notes 2: The bases for calculating Earnings per share (EPS) are followings.
(Thousands of yen)
FY2014
A: Net income

FY2015
1,893,027

1,683,479--

1,893,027

1,683,479

17,489,268 shares

17,488,459 shares

B: Non-stockholders’ equity
A-B: Net income for common shares
Average number of shares*Notes 3: The bases for calculating Book-value per share (BPS) are followings.
(Thousands of yen)
As of March 31, 2014
Total net assets
Amounts deducted from total net assets(Portion of minority interest)
Net assets at fiscal year-end applicable tocommon shares
Number of common shares at fiscal
year-end used in calculating book-value per
share

Significant subsequent events
Non applicable15

As of March 31, 2015

21,875,926

23,970,142

121,980

232,393(121,980)(232,393)

21,753,945

23,737,748

17,488,836 shares

17,488,129 shares

Yushin Precision Equipment Co., Ltd. (6482)

Order, backlog and sales(1) Orders
1) Order received
Products(Thousands of yen)
FY2014FY2015

Changes (%)

Take-out robots

12,593,960

14,112,436

12.1

Custom-ordered equipments

2,874,853

3,359,124

16.8

Parts and maintenance service

2,516,442

2,995,059

19.0

Total

17,985,255

20,466,620

13.82) Backlog of orders
Products(Thousands of yen)
As of March 31, 2014

As of March 31, 2015

1,484,706

2,505,017

68.7

Custom-ordered equipments

598,649

2,162,822

261.3

Parts and maintenance service

115,649

198,765

71.9

Total

2,199,005

4,866,605

121.3

Take-out robots(Thousands of yen)

(2) Net sales
Products

Changes (%)

FY2014FY2015

Changes (%)

Take-out robots

12,736,206

13,092,125

2.8

Custom-ordered equipments

2,626,046

1,794,951(31.6)

Parts and maintenance service

2,547,039

2,911,943

14.3

Total

17,909,292

17,799,020(0.6)

Overseas sales
FY2014 (from April 1, 2013 to March 31, 2014)
North
AmericaI

Overseas sales

2,917,996

Asia

Europe7,459,438

1,352,645(Thousands of yen)
Other
Total
areas
484,277 12,214,358

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

17,909,292
16.3

FY2015 (from April 1, 2014 to March 31, 2015)
North
AmericaI

Overseas sales

2,628,715

41.7

7.6

Asia

Europe8,051,773

959,906

2.7(Thousands of yen)
Other
Total
areas
395,635 12,036,030

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

68.2

17,799,020
14.8

16

45.2

5.4

2.2

67.6

Yushin Precision Equipment Co., Ltd. (6482)

5. Non-consolidated Financial Statements(1) Non-consolidated balance sheets(Thousands of yen)
As of March 31, 2014
Amount%<ASSETS>
Current assets
Cash and deposits
Notes receivable - trade
Accounts receivable - trade
Merchandise and finished goods
Work in process
Raw materials and supplies
Prepaid expenses
Consumption taxes receivable
Deferred tax assets
Other
Allowance for doubtful accounts
Total current assets
Noncurrent assets
Property, plant and equipment
Buildings
Structures
Machinery and equipment
VehiclesTools, furniture and fixtures
Land
Lease assets
Construction in progress
Total property, plant and equipment
Intangible assets
Telephone subscription right
Right of trademark
SoftwareTotal intangible assets
Investments and other assets
Investment securities
Stocks of subsidiaries and affiliates
Investments in capital ofsubsidiaries and affiliates
Claims provable in bankruptcy,
claims provable in rehabilitation andother
Guarantee deposits
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total noncurrent assets
Total assets

5,833,753
970,843
4,642,795
496,928
989,6121,289,649
36,47987,793
255,484
152,885(10,000)
14,746,227

1,508,027
123,459
33,581
1,211
90,7385,490,953
22,254
5,775
7,276,002
11,43095
43,04054,566

As of March 31, 2015
Amount%ChangeAmount62.2

6,303,788
1,025,692
4,868,490
618,159
882,141
1,323,082
37,837
173,935
255,421506,502(700)
15,994,351

63.9

470,034
54,849225,694
121,230(107,471)
33,433
1,357
86,141(62)353,6179,300
1,248,123

30.7

1,363,523
95,747
26,871
1,028
227,430
5,490,953
17,4972,696
7,225,750

28.9(144,503)(27,711)(6,710)(183)
136,692(4,756)(3,079)(50,251)

0.2

11,43051,03962,469

0.2

(95)
7,998
7,902

230,176
789,460

294,879
789,460

64,703-297,873

297,873

-

1,003

443

(560)

27,61479,816
192,108(1,003)
1,617,049
8,947,618
23,693,846

27,55914,463
320,888(443)
1,745,124
9,033,344
25,027,695(54)(65,353)
128,780560
128,074
85,725
1,333,849

17

6.8
37.8
100.0

7.0
36.1
100.0

Yushin Precision Equipment Co., Ltd. (6482)

As of March 31, 2014
Amount%<LIABILITIES>Current liabilities
Notes payable - trade
Accounts payable - trade
Lease obligations
Accounts payable - otherAccrued expenses
Income taxes payable
Advances received
Deposits received
Provision for bonuses
Provision for directors’ bonuses
Provision for product warranties
Other
Total current liabilities
Noncurrent liabilities
Lease obligations
Provision for directors’ retirement
benefitLong-term guarantee deposited
Total noncurrent liabilities
Total liabilities<NET ASSETS>
Shareholders’ equity
Capital stock
Capital surplus
Retained earnings
Legal retained earnings
Other retained earnings
Reserve for dividend equalization
General reserve
Retained earnings brought
forward
Total retained earnings
Treasury stock
Total Shareholders’ equity
Valuation and translation adjustments
Valuation difference on
available-for-sale securities
Total valuation and translation
adjustments
Total net assets
Total liabilities and net assets

22,394
1,831,340
5,019
567,516
68,516
601,878
23,786
12,973214,000
34,50087,000708
3,469,635(Thousands of yen)
As of March 31, 2015
ChangeAmount%Amount56,9162,295,316
4,953
453,294
72,119122,346
49,691
14,124
235,000
30,75097,5004,030
14.6

3,436,042

34,521
463,975(66)(114,221)
3,603(479,531)
25,905
1,150
21,000(3,750)10,5003,321
13.7(33,592)

18,507

13,519(4,988)66,78066,780-580
85,8673,555,502

0.4
15.0

660
80,9593,517,002

0.3
14.1

80
(4,908)(38,500)

1,985,666
2,023,903

8.4
8.6

1,985,666
2,023,903

7.9
8.1

-

286,314286,314-1,000,000
8,700,000

1,000,000
8,700,000-

6,439,307

7,759,810

1,320,503

16,425,622(350,265)
20,084,926

69.3
(1.5)
84.8

17,746,125(352,005)
21,403,689

70.9
(1.4)
85.5

1,320,503(1,740)1,318,762

53,4160.2

107,003

0.4

53,58653,4160.2

107,003

0.4

53,586

20,138,343
23,693,846

85.0
100.0

21,510,693
25,027,695

85.9
100.0

1,372,349
1,333,849

18

Yushin Precision Equipment Co., Ltd. (6482)(2) Non-consolidated statements of income%

FY2015
Amount(Thousands of yen)
Change%Amount

14,351,240

100.0

13,907,942

100.0(443,298)

Cost of sales

9,060,468

63.1

9,002,644

64.7(57,824)

Gross profit
Selling, general and administrative
expenses

5,290,772

36.9

4,905,298

35.3(385,473)

3,679,283

25.6

3,585,574

25.8(93,709)

Operating income

1,611,488

11.2

1,319,724

9.5(291,764)

FY2014
AmountNet sales

Non-operating income
Interest income

9,524

10,720

1,195

82

-

(82)

Dividends income

589,358

825,121235,762

Purchase discounts

12,233

12,855621

Foreign exchange gains

23,302

19,358(3,944)Other

14,815

17,105

2,289

Total non-operating income

649,317

Interest on securities

4.5

885,160

6.4

235,843

Non-operating expenses
Sales discounts

1,003

662

(340)

-

913

913

Other

1,013

1,919

905

Total non-operating expenses

2,016

0.0

3,496

0.0

1,479

2,258,789

15.7

2,201,389

15.8(57,400)

Loss on cancellation of leases

Ordinary income
Extraordinary income

Gain on sales of noncurrent assets
Gain on sales of investment
securities
Subsidy income
Total extraordinary income

10

5

(4)

9,047

19,127

10,08080,000-(80,000)

89,057

0.6

19,1330.1(69,924)Extraordinary loss
Loss on sales and retirement of
noncurrent assets
Total extraordinary losses

23,475220(23,255)

23,475

0.2

220

0.0

(23,255)

2,324,371

16.2

2,220,302

16.0(104,069)

Income taxes - current

792,1025.5

473,576

3.4(318,525)

Income taxes - deferred(84,507)(0.6)(6,580)0.0

77,927

1,616,777

11.3

1,753,306

12.6

136,528

Income before income taxes

Net income

19Yushin Precision Equipment Co., Ltd. (6482)(3) Non-consolidated statements of changes in net assets
FY2014(Thousands of Yen)
Shareholders’ equity

Retained earnings

Capital surplus

Other retained earnings

Capitalstock

Balance at the beginningof current period
Cumulative effects ofchanges in accounting
policies
Restated balance
Changes of items during
the period
Dividends fromsurplus
Net income
Purchase of treasurystock
Net changes of items
other thanshareholders’ equity
Total changes of items
during the period
Balance at the end ofcurrent period

1,985,666

Legalcapitalsurplus

Total
CapitalsurplusLegalretainede
ernings

2,023,903

2,023,903

286,314

Reserve fordividend
equalization

Generalreserve

Retainedearnings
brought
forwardTotal
retainedearnings

1,000,000

8,700,000

5,347,216

15,333,531-

1,985,666

2,023,903

2,023,903

286,3141,000,000

8,700,000

5,347,216

15,333,531(524,686)(524,686)

1,616,777

1,616,777

-

-

-

-

-

-

1,092,090

1,092,090

1,985,666

2,023,903

2,023,903

286,3141,000,000

8,700,000

6,439,307

16,425,622

Shareholders’ equity

Valuation and translation adjustments

Treasury
stock

Total
Shareholders’equityValuation difference
on available-forsale securities

Total Valuationand translation
adjustments

Total net assets

Balance at the beginning ofcurrent period
Cumulative effects ofchanges in accounting
policies(348,598)

18,994,503

58,23958,23919,052,742

Restated balance(348,598)-

Changes of items during theperiodDividends from surplus
Net income
Purchase of treasury stock
Net changes of items otherthan shareholders’ equity
Total changes of items
during the period
Balance at the end ofcurrent period(1,667)

18,994,503

58,23958,23919,052,742(524,686)
1,616,777(524,686)
1,616,777(1,667)(1,667)(4,822)(4,822)(4,822)(1,667)

1,090,423(4,822)(4,822)

1,085,601(350,265)

20,084,926

53,41653,416

20,138,343

20

Yushin Precision Equipment Co., Ltd. (6482)

FY2015(Thousands of Yen)
Shareholders’ equity

Retained earnings

Capital surplus

Other retained earnings

Capitalstock

Balance at the beginningof current period
Cumulative effects ofchanges in accounting
policies
Restated balance
Changes of items during
the period
Dividends fromsurplus
Net income
Purchase of treasurystock
Net changes of items
other thanshareholders’ equity
Total changes of items
during the period
Balance at the end ofcurrent period

1,985,666

1,985,666

LegalcapitalsurplusTotal
capitalsurplusLegalretainedearnings

2,023,903

2,023,903

286,3142,023,903

2,023,903

286,314

Reserve fordividend
equalization
1,000,000

1,000,000

Generalreserve

Retainedearnings
brought
forwardTotal
retainedearnings

8,700,000

6,439,307

16,425,622

91,85891,8586,531,165

16,517,480(524,661)(524,661)

1,753,306

1,753,306

8,700,000

-

-

-

-

-

-

1,228,645

1,228,645

1,985,666

2,023,903

2,023,903

286,3141,000,000

8,700,000

7,759,810

17,746,125

Shareholders’ equity

Valuation and translation adjustments

Treasury
stock

Total
Shareholders’equityValuation difference
on available-forsale securities

Total Valuationand translation
adjustments

Total net assets

Balance at the beginning ofcurrent period
Cumulative effects ofchanges in accounting
policies(350,265)

20,084,926

53,41653,416

20,138,343

Restated balance(350,265)

91,858Changes of items during theperiodDividends from surplus
Net income
Purchase of treasury stock
Net changes of items otherthan shareholders’ equity
Total changes of items
during the period
Balance at the end of current
period(1,740)20,176,784

91,85853,41653,416

20,230,201(524,661)
1,753,306(524,661)
1,753,306(1,740)(1,740)53,58653,58653,586(1,740)1,226,904

53,58653,586

1,280,491(352,005)

21,403,689

107,003

107,003

21,510,693

21

Yushin Precision Equipment Co., Ltd. (6482)

6. Other information(1) Executive Appointment
1. Representative
Non applicable
2. Other Members (Effective on June 23, 2015)
Scheduled for resignation
Director:
Yuji Tsujimoto

22