Summary of Consolidated Financial Results
for the Six Months Ended September 30, 2012(based on Japanese standards)(April 1, 2012 - September 30, 2012)
November 6, 2012
Company Name: Yushin Precision Equipment Co., Ltd.
Listing Exchanges: Tokyo Stock Exchange, first section
Securities Code No.: 6482
URL http://www.yushin.com
Representative:
Mayumi Kotani, President
Contact:
Satoshi Kimura, Executive Managing Director
Phone:(81)-75-933-9168
Scheduled date of filing of quarterly report: November 14, 2012
Starting date of dividend payment: December 3, 2012
Preparation of supplementary materials for quarterly financial results: Yes
Holding of quarterly financial results meeting: Yes (for Analyst)

Note: This document has been translated from the Japanese original as a guide for non-Japanese investors andcontains forward-looking statements that are based on managements’ estimates, assumptions andprojections at the time of publication. A number of factors could cause actual results to differ
materially from expectations. Amounts shown in this financial statement have been rounded down to
the nearest million yen or thousands yen.
(Figures shown are rounded down to the nearest million yen)

1. Consolidated Business Results for the Six Months Ended September 30, 2012
(April 1, 2012 - September 30, 2012)(1) Consolidated Results of Operations (Cumulative)(Percentage represents change from the same period of the previous fiscal year.)Net sales¥ millions

Operating income%¥ millions

Ordinary income%¥ millions%

Net income¥ millions%

Six months ended September 30, 2012

7,350

(1.0)

743

3.2

807

11.3

482

9.1

Six months ended September 30, 2011

7,427

28.5

720

86.3

724

92.7

442

100.5

Note: Comprehensive income:Six months ended September 30, 2012: ¥528 million (20.4%)
Six months ended September 30, 2011: ¥438 million (273.5%)

Net income per
share
Yen

Net income pershare/diluted
Yen

Six months ended September 30, 2012

27.58

-

Six months ended September 30, 2011

25.28

-

(2) Consolidated Financial Position
Total assets

Net assets

Equity ratio¥ millions¥ millions%

As of September 30, 2012

22,904

19,14083.2

As of March 31, 2012

22,641

18,787

82.8(Reference) Shareholders’ equity:
As of September 30, 2012: ¥19,065 million

As of March 31, 2012: ¥18,753 million

2. Dividends
Dividends per share
1Q

2Q

3Q

Yen

Yen

Yen

Year ended March 31, 2012

-

10.00

Year ending March 31, 2013

-

10.00

Total

4Q
Yen

Year ending March 31, 2013

(Forecast)

Yen

-

10.00

20.00

-

20.00

30.00

Note: Revisions to projected dividends most recently announced: None

Breakdown of the year-end dividend of FY2013 (Forecast): Ordinary dividend of ¥10 per share and 40th year
commemorate dividend of ¥10 per share.

3. Forecast for the Year Ending March 31, 2013 (April 1, 2012 – March 31, 2013)(Percentage represents change from the same period of the previous fiscal year.)Net sales¥ millions%

Operating income

Ordinary income¥ millions¥ millions%

16,000 12.4
1,700 33.6
AnnualNote: Revisions to projected results most recently announced: Yes

1,700

%

34.3

%

Net income
per hare
Yen

28.5

57.18

Net income¥ millions

1,000* Notes(1) Changes in the state of material subsidiaries during the period (Changes regarding specific companies
accompanying changes in the 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 the attached documents for further information(3) Changes in accounting principles, accounting estimates and retrospective restatement for consolidated
financial statements
1) Changes resulting from amendment of the accounting standards : None
2) Changes other than 1): None3) Changes in accounting estimates: None4) Retrospective restatement: None(4) Number of shares outstanding (Common stock)1) Number of shares outstanding (including treasury stock)
As of September 30, 2012 17,819,033
As of March 31, 2012 17,819,033
2) Number of treasury stock
As of September 30, 2012
329,169
As of March 31, 2012
328,960
3) Average number of shares outstanding
Six months ended September 30, 2012
17,489,948
Six months ended September 30, 201117,490,469* Information regarding the implementation of quarterly review procedures
The current quarterly financial statements are exempted from quarterly review procedures based on the
Financial Instruments and Exchange Act. At the time of disclosure, we have not completed the review
process for these financial statements.
* Cautionary statement with respect to forward-looking statements and other special remarks
Earnings forecasts and other forward-looking statements in this document are based on reasonableassumptions and information available to the Company at the time of release. Actual results may differ
materially from forward-looking statements due to a number of factors. For more information about theseassumptions and notes regarding the use of earnings forecasts, please refer to “1. Qualitative Information
on Quarterly Consolidated Financial Performance, (3) Qualitative Information Regarding Consolidated
Earnings Forecasts” on page 2 of the attached documents.

Contents of Attachments
1. Qualitative Information on Quarterly Consolidated Financial Performance ······································ 2(1) Qualitative Information Regarding Consolidated Result of Operation ········································· 2(2) Qualitative Information Regarding Consolidated Financial Position ··········································· 2(3) Qualitative Information Regarding Consolidated Earnings Forecasts ·········································· 2
2. Other Information ········································································································· 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 for
Consolidated Financial Statements ················································································· 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 Going Concern Assumption ···································································· 7(4) Segment Information ·································································································· 7(5) Notes in the Event of Significant Changes in Shareholders’ Equity ············································ 7
4. Supplemental Information ······························································································· 8(1) Order Receiving and Sales···························································································· 8(2) Overseas Sales ·········································································································· 8

11. Qualitative Information on Quarterly Consolidated Financial Performance(1) Qualitative Information Regarding Consolidated Results of Operations
During the six months ended September 30, 2012, conditions in the global economy were generally in the
decelerating trend since the increasingly serious debt crisis in Europe spill over to slow growth of the Chinese
economy. The Japanese economy was still stagnant due to the persistently strong yen and the prolonged
deflation, even though there were earthquake rebuilding demand and subsidy on eco-car purchases. In the
Yushin Group’s industry of plastic molding, demand was strong in the automotive industry but there were notgreat demand in the IT and Electronics device industry.
Against this background, sales of standard take-out robots increased, with customers recognizing the speed,
weight and energy efficiency advantages of the Group’s YC Series. These robots were designed using
Yushin’s structural optimization technology, which has won a technology award from the Japan Society of
Mechanical Engineers. However, consolidated net sales declined by 1.0% year on year to ¥7,350 million,
owing to an absence of large orders for custom-ordered equipment. Meanwhile, operating income increased by
3.2% year on year to ¥743 million, ordinary income turned up by 11.3% to ¥807 million, and net income
increased by 9.1% to ¥482 million.
(2) Qualitative Information Regarding Consolidated Financial Position(Assets)
Total assets as of September 30, 2012 totaled ¥22,904 million, an increase of ¥262 million from the end of
the previous fiscal year. Although Cash and time deposits declined ¥283 million, Others in Fixed assets
including construction-in-progress of a new facility increased ¥356 million and Work-in-process increased¥176 million.
(Liabilities)
Liabilities totaled ¥3,763 million, a decrease of ¥90 million from the end of the previous fiscal year. This
reflected on an increase of ¥174 million in Accounts payables - facilities and a decrease of ¥245 million in
Trade notes and accounts payables.
(Net assets)
Net assets totaled ¥19,140 million, an increase of ¥353 million from the end of the previous fiscal year. This
mainly reflected an increase of ¥307 million in Retained earnings.
(3) Qualitative Information Regarding Consolidated Earnings Forecasts
After taking the business results so far and the anticipated industry trend, we have revised our full-year
guidance for the fiscal year ending March 31, 2013, which was announced on May 9, 2012, downward both ona consolidated and non-consolidated basis. For more detailed information, please refer “Revisions to the
Forecast for the Earnings” announced today (November 6, 2012).

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 for Consolidated
Financial statements
None2

3. Consolidated Financial Statements(1) Consolidated Balance Sheets(¥ thousands; rounded down)Term
Account

As of March 31, 2012

As of September 30, 2012

Amount%Amount%16,964,191

74.9

16,942,451

74.0

ChangeAmount(ASSETS)
Current assets(21,740)

Cash and time deposits

7,747,068

7,463,774(283,293)

Trade notes and accounts
receivable

4,670,510

4,678,104

7,593

Securities

300,000

300,000-

Merchandise and products

898,193915,155

16,962Work-in-process

856,105

1,032,403

176,298

1,861,430

1,928,171

66,741

Deferred tax assets

365,173

387,328

22,155

Others283,833

255,545(28,287)

Allowance for doubtful
accounts(18,123)(18,032)

90

Raw material and supplies

5,677,481

25.1

5,961,784

26.0

284,302

Property, plant andequipment

5,105,195

22.5

5,434,397

23.7

329,202

Buildings and structures

994,896

965,195(29,700)

Land

3,935,369

3,937,401

2,031

Others174,929

531,800

356,871

Intangible assets

81,147

0.4

82,2710.4

1,124

Investments and other assets

491,1392.2

445,1151.9(46,023)

Investment securities

241,443

196,520(44,923)

Deferred tax assets

16,865

18,529

1,663

Others271,419

230,485(40,933)

Allowance for doubtful
accounts(38,589)(420)

38,169Fixed assets

Total assets

22,641,673

100.0

3

22,904,236

100.0

262,562(¥ thousands; rounded down)Term
Account

As of March 31, 2012
AmountAs of September 30, 2012%

Amount%ChangeAmount(LIABILITIES)Current liabilities
Trade notes and accounts
payables

3,728,298

16.5

3,636,684

15.9(91,614)2,314,053

2,068,641(245,412)

Accounts payables

449,335

383,866(65,469)

Income tax payable

300,968

265,013(35,954)

Advances received

209,459309,379

99,920Accrued employees’ bonuses

180,000

190,000

10,000Accrued bonuses to directors

16,95012,000(4,950)Warranty reserve

104,897

86,634(18,262)

Accounts payables – facilities

19,089193,113174,024

Others133,545

128,034(5,510)Long-term liabilities

126,0300.5

127,098

0.5

1,068

Allowance for retirement
benefits to directors

66,78066,780-

Others59,25060,3181,068

3,854,328

17.0

3,763,782

16.4(90,545)

Shareholders’ equity

19,287,162

85.2

19,594,19485.6

307,031

Common stock

1,985,666

1,985,666-

Capital surplus

2,023,903

2,023,903-

Retained earnings

15,625,496

15,932,882

307,386

Treasury stock(347,903)(348,258)(354)

Total liabilities(NET ASSETS)

Accumulated othercomprehensive income(533,596)(2.4)(528,687)

(2.3)

4,909

Unrealized gain on availablefor-sale securities

47,576

18,645(28,931)

Foreign currency translation
adjustments(581,173)(547,332)

33,84033,7780.2

74,946

0.3

41,167

Total net assets

18,787,344

83.0

19,140,453

83.6

353,108

Total liabilities and net assets

22,641,673

100.0

22,904,236

100.0

262,562

Minority interests4(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income
Consolidated Statements of Income(¥ thousands; rounded down)Term
Account

Six months ended
September 30, 2012
(April 1, 2012 to
September 30, 2012)

Six months ended
September 30, 2011
(April 1, 2011 to
September 30, 2011)

ChangeAmount%Amount%Net sales

7,427,762

100.0

7,350,819

100.0(76,943)

Cost of sales

4,700,808

63.3

4,549,515

61.9(151,293)

Gross profit

2,726,953

36.7

2,801,303

38.1

74,349Selling, general andadministrative expenses

2,006,302

27.0

2,057,482

28.0

51,179Operating income

720,6509.7

743,821

10.1

23,170Non-operating income

34,2530.5

65,0730.9

30,819Interest income

12,1638,514(3,648)Dividend income

2,442

2,371

(71)

Purchase discount

5,546

5,548

1

-

38,54438,544

14,101

10,093(4,007)

Foreign exchange gain
OthersNon-operating expenses

29,9270.4

1,875

Amount0.0(28,051)

Foreign exchange loss

189
26,856596-

406(26,856)

Others

2,880

1,279

(1,601)

Sales discountOrdinary income
Extraordinary income
Gain on sales of fixed assets
Extraordinary expenses

724,9769.8

807,018

11.0

82,041

1,008

0.0

38

0.0

(969)

1,008

38

903

0.0

411

(969)
0.0

(491)

Loss on sales and retirement of
fixed assets
Loss on revaluation of
investments in securities

315

411

96

588

-

(588)

Income before income taxes andminority interests

725,0819.8

806,645

11.0

81,563

Income taxes

272,2213.7

282,692

3.8

10,470

Income before minority interests

452,859

6.1

523,952

7.2

71,092

Minority interests in net income

10,6380.1

41,6660.6

31,027

Net income

442,2216.0

482,286

6.6

40,0655

Consolidated Statements of Comprehensive Income(¥ thousands; rounded down)
Six months ended
September 30, 2011
(April 1, 2011 to
September 30, 2011)

Income before minority interests
Other comprehensive income
Unrealized gain on availablefor-sale securities
Foreign currency translation
adjustments
Other comprehensive income –Total
Comprehensive income
Comprehensive income attributableto:Shareholders of the parent company
Minority interest

6

Six months ended
September 30, 2012
(April 1, 2012 to
September 30, 2012)

Change452,859

523,952

71,092(24,392)(28,931)(4,539)10,28733,342

23,055(14,105)

4,411

18,516

438,754528,364

89,609429,2549,500

487,196
41,16757,941
31,667

(3) Notes Related to Going Concern Assumption
None(4) Segment Information
I Six months ended September 30, 2011 (April 1, 2011 to September 30, 2011)
1. Information related to sales and profit or loss for each reportable segment(¥ thousands; rounded down)Amounts shown on

Reportable segment
Japan

North
America

Total
Asia

EuropeAdjustment

quarterly consolidated*1

statements of income*2

Net sales
Sales to customers

5,159,190

907,452

1,250,616

110,5027,427,762–

7,427,762

Inter-segment sales

1,684,170

10,124

103,942

5,002

1,803,240(1,803,240)

–

Total

6,843,361

917,576

1,354,559

115,505

9,231,002(1,803,240)

7,427,762

515,090

107,614126,097(3,133)745,668(25,017)

720,650

Segment profit(loss)

Notes:
1. The ¥ (25,017) thousand adjustment to segment profit (loss) includes eliminations for inter-segment
transactions of ¥ 3,839 thousand and inventory adjustments of ¥ (28,856) thousand.
2. Segment profit (loss) is adjusted to be consistent with operating income shown on the quarterly
consolidated statements of income.

II Six months ended September 30, 2012 (April 1, 2012 to September 30, 2012)
1. Information related to sales and profit or loss for each reportable segment(¥ thousands; rounded down)Amounts shown on

Reportable segment
Japan

North
America

Total
Asia

EuropeAdjustment

quarterly consolidated*1

statements of income*2

Net sales
Sales to customers

4,529,746

958,319

1,724,647

138,105

7,350,819-

7,350,819

Inter-segment sales

1,783,654

3,729

154,356

1,278

1,943,019(1,943,019)

-

Total

6,313,400

962,048

1,879,004

139,383

9,293,838(1,943,019)

7,350,819

536,394

84,528170,124

7,985

799,032(55,211)

743,821

Segment profit

Notes:
1. The ¥ (55,211) thousand adjustment to segment profit includes eliminations for inter-segment
transactions of ¥ (1,331) thousand and inventory adjustments of ¥ (53,880) thousand.
2. Segment profit is adjusted to be consistent with operating income shown on the quarterly
consolidated statements of income.

(5) Notes in the Event of Significant Changes in Shareholders’ Equity
None

74. Supplemental Information(1) Order Receiving and Sales
a. Orders
1) Order received(¥ thousands; rounded down)
Products

Six months

Six months

Changeended September 30, 2011

ended September 30, 2012(%)

Take-out robots

4,655,149

5,577,774

119.8

Custom-ordered equipments

1,300,811

684,818

52.6

Parts and maintenance service

985,1101,207,608

122.6

6,941,071

7,470,201

107.6

Total

2) Backlog of orders(¥ thousands; rounded down)
Products

As of September 30, 2011

Take-out robots

ChangeAs of September 30, 2012(%)

1,683,190

1,834,109

109.0

Custom-ordered equipments

515,702690,369

133.9

Parts and maintenance service

129,694

176,238135.9

2,328,588

2,700,718

116.0

Total

b. Net sales(¥ thousands; rounded down)
Products

Six months

Six months

Changeended September 30, 2011

ended September 30, 2012(%)

Take-out robots

4,494,990

5,338,581

118.8

Custom-ordered equipments

1,871,368

822,276

43.9

Parts and maintenance service

1,061,403

1,189,961

112.1

7,427,762

7,350,819

99.0

Total

(2) Overseas Sales
Six months ended September 30, 2011 (April 1, 2011 to September 30, 2011)
North America
Ⅰ Overseas sales

1,483,220

Asia

Europe2,828,982(¥ thousands; rounded down)
Other areas

523,191

83,095

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

20.0

North America

38.1

7.0

1,002,388

Asia

Europe3,649,658

1.1

Other areas

189,18166.2(¥ thousands; rounded down)

86,282

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

4,918,490
7,427,762

Six months ended September 30, 2012 (April 1, 2012 to September 30, 2012)

Ⅰ Overseas sales

Total

Total
4,927,511
7,350,819

13.6

49.6

8

2.6

1.2

67.0