FYE March 2016
Financial Briefing
Supplemental Data
May 27, 2016

Copyright©2016NAGASE&CO.,LTD.

Contents
P/L Trends
Profitability Trends
Net Sales byy Segmentg
Operating Profit by Segment
Operating Profit Ratios by Segment
N tSNetSalesl bby Region
R i(Destination)(D ti ti )B/S Trends
Turnover Period Trends
C/F Trends
Operating C/F Trends Excluding Changes in Working Capital(Reference 1) Numerical Data/Indicators (FY2006- FY2015)

Copyright©2016NAGASE&CO.,LTD.

P.2
P2
P.3
P.4
P.5
P.6
P7
P.7
P.8
P.9P.10
P.11
P.121

䠬/䠨Trends
1,000

8,000

900
7,500
800
700
7,000
600
500

6,500

400
6,000
300
200
5,500
100
0

5,000
FY06

FY07

FY08

FY09

FY10

FY11

FY12

FY13

FY14

FY15

Gross profit
Grossprofit

Selling general and administrative expenses
Selling,generalandadministrativeexpenses

Operating profit
Operatingprofit

Ordinaryincome

Profitattributabletoownersoftheparent

Mfg.operatingprofit

FY16forecastNetsales(rightscale)

Copyright©2016NAGASE&CO.,LTD.

䠬/䠨Trends㻔㻹㼕㼘㼘㼕㼛㼚㼟㻌㼛㼒㻌㻌㼥㼑㼚㻕㻲㼅㻜㻢㻲㼅㻜㻣㻲㼅㻜㻤㻲㼅㻜㻥㻲㼅㻝㻜㻲㼅㻝㻝㻲㼅㻝㻞㻲㼅㻝㻟㻲㼅㻝㻠㻲㼅㻝㻠㻌㻲㼅㻝㻡㻲㼅㻝㻡㻌㻲㼅㻝㻢㻌㼒㼒㼛㼞㼑㼏㼍㼟㼠㻺㼑㼠㻌㼟㼍㼘㼑㼟          㻳㼞㼛㼟㼟㻌㼜㼞㼛㼒㼕㼠㻌㻿㼑㼘㼘㼕㼚㼓㻘㻌㼓㼑㼚㼑㼞㼍㼘㻌㼍㼚㼐㻌㼓㻘 㼓㼍㼐㼙㼕㼚㼕㼟㼠㼞㼍㼠㼕㼢㼑㻌㼑㼤㼜㼑㼚㼟㼑㼟㻌           㻻㼜㼑㼞㼍㼠㼕㼚㼓㻌㼜㼞㼛㼒㼕㼠㻌㻻㼞㼐㼕㼚㼍㼞㼥㻌㼕㼚㼏㼛㼙㼑㻌㻼㼞㼛㼒㼕㼠㻌㻌㼍㼠㼠㼞㼕㼎㼡㼠㼍㼎㼘㼑㻌㼠㼛㻌㼛㼣㼚㼑㼞㼟㻌㼛㼒㼒 㼠㼔㼑㻌㼜㼍㼞㼑㼚㼠㼠㼔㼠㻹㼒㼓㻚㻌㼛㼜㼑㼞㼍㼠㼕㼚㼓㻌㼜㼞㼛㼒㼕㼠㻌㻹㼒㻹㼒㼓㻚㻌㼞㼍㼠㼕㼛㼕㻔㼛㼜㼑㼞㼍㼠㼕㼚㼓㻌㼜㼞㼛㼒㼕㼠㻕

Copyright©2016NAGASE&CO.,LTD.

2

ProfitabilityTrends
4%

13%

3%

12%

2%

11%

1%

10%

0%

9%
FY06

FY07

FY08

Operatingprofitratio

FY09

FY10

Ordinaryincomeratio

FY11

FY12

FY13

Profitattributabletoownersoftheparentratio

FY14

FY15

FY16forecast

Grossprofitratio(rightscale)

Copyright©2016NAGASE&CO.,LTD.

ProfitabilityTrends㻲㼅㻜㻢㻲㼅㻜㻣㻲㼅㻜㻤㻲㼅㻜㻥㻲㼅㻝㻜㻲㼅㻝㻝㻲㼅㻝㻞㻲㼅㻝㻟㻲㼅㻝㻠㻌㻲㼅㻝㻢㻌㻲㼅㻝㻢㻌㼒㼛㼞㼑㼏㼍㼟㼠㻳㻳㼞㼛㼟㼟㻌㼜㼞㼛㼒㼕㼠㻌㼞㼍㼠㼕㼛㻌㼒㼕㼕㻻㼜㼑㼞㼍㼠㼕㼚㼓㻌㼜㼞㼛㼒㼕㼠㻌㼞㼍㼠㼕㼛㻌㻻㼞㼐㼕㼚㼍㼞㼥㻌㼕㼚㼏㼛㼙㼑㻌㼞㼍㼠㼕㼛㻌㻼㼞㼛㼒㼕㼠㻌㻌㼍㼠㼠㼞㼕㼎㼡㼠㼍㼎㼘㼑㻌㼠㼛㻌㼛㼣㼚㼑㼞㼟㻌㼛㼒 㼠㼔㼑㻌㼜㼍㼞㼑㼚㼠㻌㼞㼍㼠㼕㼛



Copyright©2016NAGASE&CO.,LTD.

3

NetSalesbySegment
NetSalesl

NetSalesShare
45%

3,000

40%
2,500
35%
30%

2,000

25%
1,500
20%
1,000

15%
10%

500
5%
00%

FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16
forecast
FunctionalMaterials䠄formerlyChemicals䠅

AdvancedMaterials&Processing䠄formerlyPlastics䠅

Electronics

Automotive&Energy

FY06
FY06

FY07
FY07

FY08
FY08

FY09
FY09

FY10
FY10FY11FY11

FunctionalMaterials䠄formerlyChemicals䠅Electronics

FY12FY12

FY13
FY13

FY14FY14

FY15FY15

FY16
FY16
forecast

AdvancedMaterials&Processing䠄formerlyPlastics䠅
Automotive&EnergyLife&Healthcare䠄formerlyLifeScience䠅Life&Healthcare䠄formerlyLifeScience䠅

Copyright©2016NAGASE&CO.,LTD.

NetSalesbySegment㻔㻔㻹㼕㼘㼘㼕㼛㼚㼟㻌㼛㼒㻌㼥㼑㼚㻕㼥 㻕㻲㼅㻜㻢㻲㼡㼚㼏㼠㼕㼛㼚㼍㼘㻌㻹㼍㼠㼑㼞㼕㼍㼘㼟㻌䠄㼒㼛㼞㼙㼑㼞㼘㼥㻌㻯㼔㼑㼙㼕㼏㼍㼘㼟䠅㻲㼅㻜㻣㻲㼅㻜㻤㻲㼅㻜㻥㻲㼅㻝㻜㻲㼅㻝㻝㻲㼅㻝㻞㻲㼅㻝㻟㻲㼅㻝㻠㻌㻲㼅㻝㻡㻌㻲㼅㻝㻢㻌㼒㼛㼞㼑㼏㼍㼟㼠                     1HWW6DOHV㻭㼐㼢㼍㼚㼏㼑㼐㻌㻹㼍㼠㼑㼞㼕㼍㼘㼟㻌㻒㻌㻼㼞㼛㼏㼑㼟㼟㼕㼚㼓㻌          䠄㼒㼛㼞㼙㼑㼞㼘㼥㻌㻼㼘㼍㼟㼠㼕㼏㼟䠅㻱㼘㼑㼏㼠㼞㼛㼚㼕㼏㼟               㻭㼡㼠㼛㼙㼛㼠㼕㼢㼑㻌㻒㻌㻱㼚㼑㼞㼓㼥㻌㻸㼕㼒㼑㻌㻒㻌㻴㼑㼍㼘㼠㼔㼏㼍㼞㼑㻌䠄䠄㼒㼛㼞㼙㼑㼞㼘㼥㻌㻸㼕㼒㼑㻌㻿㼏㼕㼑㼚㼏㼑䠅䠅㻻㼠㼔㼑㼞                     㼀㼛㼠㼍㼘          

1HW6D
DOHV6KDUH㻲㼡㼚㼏㼠㼕㼛㼚㼍㼘㻌㻹㼍㼠㼑㼞㼕㼍㼘㼟㻌㻲㼡㼚㼏㼠㼕㼛㼚㼍㼘㻹㼍㼠㼑㼞㼕㼍㼘㼟䠄㼒㼛㼞㼙㼑㼞㼘㼥㻌㻯㼔㼑㼙㼕㼏㼍㼘㼟䠅         㻭㼐㼢㼍㼚㼏㼑㼐㻌㻹㼍㼠㼑㼞㼕㼍㼘㼟㻌㻒㻌㻼㼞㼛㼏㼑㼟㼟㼕㼚㼓㻌䠄㼒㼛㼞㼙㼑㼞㼘㼥㻌㻼㼘㼍㼟㼠㼕㼏㼟䠅 

         
        
          㻱㼘㼑㼏㼠㼞㼛㼚㼕㼏㼟㻭㼡㼠㼛㼙㼛㼠㼕㼢㼑㻌㻒㻌㻱㼚㼑㼞㼓㼥㻌㻸㼕㼒㼑㻌㻒㻌㻴㼑㼍㼘㼠㼔㼏㼍㼞㼑㻌䠄㼒㼛㼞㼙㼑㼞㼘㼥 㻸㼕㼒㼑 㻿㼏㼕㼑㼚㼏㼑䠅䠄㼒㼛㼞㼙㼑㼞㼘㼥㻌㻸㼕㼒㼑㻌㻿㼏㼕㼑㼚㼏㼑䠅㻻㼠㼔㼑㼞㼀㼛㼠㼍㼘Copyright©2016NAGASE&CO.,LTD.

4

OperatingProfitbySegment
OperatingProfitRatiobySegment

Operating ProfitbySegment
10060%

9050%

807040%605030%

4020%

302010%
1000%
FY06

FY07

FY08

FunctionalMaterials䠄formerlyChemicals䠅Electronics

FY09

FY10FY11FY12FY13FY14FY15FY16forecast

FY06

AdvancedMaterials&Processing䠄formerlyPlastics䠅
Automotive&Energy

FY07

FY08

FY09

FY10FY11FY12FY13FY14FY15FY16forecast

FunctionalMaterials䠄formerlyChemicals䠅

AdvancedMaterials&Processing䠄formerlyPlastics䠅

Electronics

Automotive&EnergyLife&Healthcare䠄formerlyLifeScience䠅Life&Healthcare䠄formerlyLifeScience䠅

Copyright©2016NAGASE&CO.,LTD.

OperatingProfitbySegment㻔㻹㼕㼘㼘㼕㼛㼚㼟㻌㼛㼒㻌㼥㼑㼚㻕㼥㻲㼅㻜㻢

2SHUDWLQJ33URILWE\6HJPHQW
2SHUDWLQJ3URILW6KDDUH
E\6HJPHQW㻲㼡㼚㼏㼠㼕㼛㼚㼍㼘㻌㻹㼍㼠㼑㼞㼕㼍㼘㼟㻌㸦㼒㼛㼞㼙㼑㼞㼘㼥 㻯㼔㼑㼙㼕㼏㼍㼘㼟㸧㸦㼒㼛㼞㼙㼑㼞㼘㼥㻌㻯㼔㼑㼙㼕㼏㼍㼘㼟㸧㻭㼐㼢㼍㼚㼏㼑㼐㻌㻹㼍㼠㼑㼞㼕㼍㼘㼟㻌㻒㻌㻼㼞㼛㼏㼑㼟㼟㼕㼚㼓㻌㸦㼒㼛㼞㼙㼑㼞㼘㼥㻌㻼㼘㼍㼟㼠㼕㼏㼟㸧㻱㼘㼑㼏㼠㼞㼛㼚㼕㼏㼟㻭㼡㼠㼛㼙㼛㼠㼕㼢㼑㻌㻒㻌㻱㼚㼑㼞㼓㼥㻌㻸㼕㼒㼑㻌㻒㻌㻴㼑㼍㼘㼠㼔㼏㼍㼞㼑㻌㸦㼒㼛㼞㼙㼑㼞㼘㼥㻌㻸㼕㼒㼑㻌㻿㼏㼕㼑㼚㼏㼑㸧㻻㼠㼔㼑㼞㻿㼡㼎㻌㼠㼛㼠㼍㼘㻯㼛㼞㼜㼛㼞㼍㼠㼑㻛㻱㼘㼕㼙㼕㼚㼍㼠㼕㼛㼚㼟㼀㼛㼠㼍㼘㻲㼡㼚㼏㼠㼕㼛㼚㼍㼘 㻹㼍㼠㼑㼞㼕㼍㼘㼟㻲㼡㼚㼏㼠㼕㼛㼚㼍㼘㻌㻹㼍㼠㼑㼞㼕㼍㼘㼟㻌㸦㼒㼛㼞㼙㼑㼞㼘㼥㻌㻯㼔㼑㼙㼕㼏㼍㼘㼟㸧㻭㼐㼢㼍㼚㼏㼑㼐㻌㻹㼍㼠㼑㼞㼕㼍㼘㼟㻌㻒㻌㻼㼞㼛㼏㼑㼟㼟㼕㼚㼓㻌㸦㼒㼛㼞㼙㼑㼞㼘㼥 㻼㼘㼍㼟㼠㼕㼏㼟㸧㸦㼒㼛㼞㼙㼑㼞㼘㼥㻌㻼㼘㼍㼟㼠㼕㼏㼟㸧㻱㼘㼑㼏㼠㼞㼛㼚㼕㼏㼟㻭㼡㼠㼛㼙㼛㼠㼕㼢㼑㻌㻒㻌㻱㼚㼑㼞㼓㼥㻌㻸㼕㼒㼑㻌㻒㻌㻴㼑㼍㼘㼠㼔㼏㼍㼞㼑㻌㸦㼒㼛㼞㼙㼑㼞㼘㼥 㻸㼕㼒㼑 㻿㼏㼕㼑㼚㼏㼑㸧㸦㼒㼛㼞㼙㼑㼞㼘㼥㻌㻸㼕㼒㼑㻌㻿㼏㼕㼑㼚㼏㼑㸧㻻㼠㼔㼑㼞㼀㼛㼠㼍㼘Copyright©2016NAGASE&CO.,LTD.

㻲㼅㻜㻣㻲㼅㻜㻤㻲㼅㻜㻥㻲㼅㻝㻜㻲㼅㻝㻝㻲㼅㻝㻞㻲㼅㻝㻟㻲㼅㻝㻠㻌㻲㼅㻝㻡㻌㻲㼅㻝㻢㻌㼒㼛㼞㼑㼏㼍㼟㼠         



5

OperatingProfitRatiosbySegments
6%5%4%3%2%1%0%
FY06

FY07

FunctionalMaterials
Functional
Materials
䠄formerlyChemicals䠅

FY08FY09

FY10

AdvancedMaterials&ProcessingAdvanced
Materials & Processing
䠄formerlyPlastics䠅

FY11

FY12

Electronics

FY13

Automotive & Energy
Automotive&Energy

FY14

FY15

FY16
forecast

Life & Healthcare
Life&Healthcare䠄formerlyLifeScience䠅

Total

Copyright©2016NAGASE&CO.,LTD.

OperatingProfitRatiosbySegments㻔㼙㼕㼘㼘㼕㼛㼚㼟㻌㼛㼒㻌㼥㼑㼚㻕㻲㼅㻌㻜㻢㻲㼅㻌㻜㻣㻲㼅㻌㻜㻤㻲㼅㻌㻜㻥㻲㼅㻌㻝㻜㻲㼅㻌㻝㻝㻲㼅㻌㻝㻞㻲㼅㻌㻝㻟㻲㼅㻌㻝㻠㻲㼅㻌㻝㻡㻌㻲㼅㻌㻝㻢㻌㼒㼛㼞㼑㼏㼍㼟㼠㻲㼡㼚㼏㼠㼕㼛㼚㼍㼘㻌㻹㼍㼠㼑㼞㼕㼍㼘㼟㻌㸦㼒㼛㼞㼙㼑㼞㼘㼥㻌㻯㼔㼑㼙㼕㼏㼍㼘㼟㸧㻭㼐㼢㼍㼚㼏㼑㼐㻌㻹㼍㼠㼑㼞㼕㼍㼘㼟㻌㻒㻌㻼㼞㼛㼏㼑㼟㼟㼕㼚㼓㻌㸦㼒㼛㼞㼙㼑㼞㼘㼥㻌㻼㼘㼍㼟㼠㼕㼏㼟㸧㻱㼘㼑㼏㼠㼞㼛㼚㼕㼏㼟㻭㼡㼠㼛㼙㼛㼠㼕㼢㼑㻌㻒㻌㻱㼚㼑㼞㼓㼥㻌㻸㼕㼒㼑㻌㻒㻌㻴㼑㼍㼘㼠㼔㼏㼍㼞㼑㻌㸦㼒㼛㼞㼙㼑㼞㼘㼥㻌㻸㼕㼒㼑㻌㻿㼏㼕㼑㼚㼏㼑㸧㼀㼛㼠㼍㼘



Copyright©2016NAGASE&CO.,LTD.

6

100M
Millionsofyen

NetSalesbyRegion䠄Destination䠅
5,000

60%

4,500

4,000

3,500
50%
3,000

2,500

2,000
40%
1,500
1,500

1,000

500

0

30%
FY06

FY07

Japan

Overseas

FY08
NortheastAsia

FY09

FY10

SoutheastAsia

FY11

FY12NorthAmerica

FY13Europe&OtherFY14FY15OverseasShare(rightscale)

Copyright©2016NAGASE&CO.,LTD.

NetSalesbyRegion䠄Destination䠅㻔㻹㼕㼘㼘㼕㼛㼚㼟㻌㼛㼒㻌㼥㼑㼚㻕㻲㼅㻌㻜㻢㻲㼅㻌㻜㻣㻶㼍㼜㼍㼚㻻㻻㼢㼑㼞㼟㼑㼍㼟㻲㼅㻌㻝㻜㻲㼅㻌㻝㻝㻲㼅㻌㻝㻞㻲㼅㻌㻝㻟㻲㼅㻌㻝㻠㻲㼅㻌㻝㻡              㻺㼛㼞㼠㼔㼑㼍㼟㼠㻌㻭㼟㼕㼍  㻿㼛㼡㼠㼔㼑㼍㼟㼠㻌㻭㼟㼕㼍㻺㼛㼞㼠㼔㻌㻭㼙㼑㼞㼕㼏㼍㻱㼡㼞㼛㼜㼑㻌㻒㻌㻻㼠㼔㼑㼞㼀㼛㼠㼍㼘  㻻㼢㼑㼞㼟㼑㼍㼟㻌㻿㼔㼍㼞㼑

Copyright©2016NAGASE&CO.,LTD.

㻲㼅㻌㻜㻤㻲㼅㻌㻜㻥

7

䠞/䠯Trends
6 000
6,00060%

5,00055%
4,000

3,00050%

2,00045%
1,000

040%
FY06

FY07

FY08

FY09

FY10

FY11

FY12

TotalassetsInvestments in securities
Investmentsinsecurities
InterestͲbearingdebt
NetWorthRatio(rightscale)

FY13

FY14

FY15

FY15

Cashanddeposits
Non current assets (excluding investments in securities)
NonͲcurrentassets(excludinginvestmentsinsecurities)
Equitycapital

Copyright©2016NAGASE&CO.,LTD.

䠞/䠯Trends㻔㼙㼕㼘㼘㼕㼛㼚㼟 㼛㼒 㼥㼑㼚㻕㻔㼙㼕㼘㼘㼕㼛㼚㼟㻌㼛㼒㻌㼥㼑㼚㻕㻲㼅㻌㻜㻢㻌㻲㼅㻌㻜㻣㻌㻲㼅㻌㻜㻤㻌㻲㼅㻌㻜㻥㻌㻲㼅㻌㻝㻜㻌㻲㼅㻌㻝㻝㻌㻲㼅㻌㻝㻞㻌㻲㼅㻌㻝㻟㻌㻲㼅㻌㻝㻠㼀㼛㼠㼍㼘㻌㼍㼟㼟㼑㼠㼟㻌 㻯㼍㼟㼔㻌㼍㼚㼐㻌㼐㼑㼜㼛㼟㼕㼠㼟㻵㼚㼢㼑㼟㼠㼙㼑㼚㼠㼟㻌㼕㼚㻌㼟㼑㼏㼡㼞㼕㼠㼕㼑㼟㻌   
       㻺㼛㼚㻙㼏㼡㼞㼞㼑㼚㼠㻌㼍㼟㼟㼑㼠㼟㻌㻔㼑㼤㼏㼘㼡㼐㼕㼚㼓㻌㼕㼚㼢㼑㼟㼠㼙㼑㼚㼠㼟㻌㼕㼚㻌㼟㼑㼏㼡㼞㼕㼠㼕㼑㼟㻕㻕 㻵㼚㼠㼑㼞㼑㼟㼠㻙㼎㼑㼍㼞㼕㼚㼓㻌㼐㼑㼎㼠㻌㻱㼝㼡㼕㼠㼥㻌㼏㼍㼜㼕㼠㼍㼘 㻺㼑㼠㻌㼃㼛㼞㼠㼔㻌㻾㼍㼠㼕㼛





Copyright©2016NAGASE&CO.,LTD.

㻲㼅㻌㻝㻡



8

TurnoverPeriodTrends
404.0

Monthes

100mmillionsofyen

2 500
2,500

3.5
2,000
3.0

25
2.5

1,500

2.0

1,000

1.5

101.0
500
0.5

00.0
FY06

FY07

FY08

FY09

FY10

FY11

FY12

Inventory

Accountsreceivable

Accountspayable

Accountsreceivableturnover

AccountspayableturnoverPrepaidcostrecovery

FY13

FY14

FY15

InventoryturnoverCopyright©2016NAGASE&CO.,LTD.

TurnoverPeriodTrends㻔㼁㼚㼕㼠㼟㻦㻌㻺㻻㻚㻌㼛㼒㻌㼙㼛㼚㼠㼔㼟㻘㻌㼙㼕㼘㼘㼕㼛㼚㼟㻌㼛㼒㻌㼥㼑㼚㻕㻲㼅㻌㻜㻢㻲㼅㻌㻜㻣㻲㼅㻌㻜㻤㻲㼅㻌㻜㻥㻲㼅㻌㻝㻜㻲㼅㻌㻝㻝㻲㼅㻌㻝㻞㻲㼅㻌㻝㻟㻲㼅㻌㻝㻠㻲㼅㻌㻝㻡





㻭㼏㼏㼛㼡㼚㼠㼟㻌㼞㼑㼏㼑㼕㼢㼍㼎㼘㼑









㻭㼏㼏㼛㼡㼚㼠㼟㻌㼞㼑㼏㼑㼕㼢㼍㼎㼘㼑㻌㼠㼡㼞㼚㼛㼢㼑㼞













㻭㼏㼏㼛㼡㼚㼠㼟㻌㼜㼍㼥㼍㼎㼘㼑

















㻭㼏㼏㼛㼡㼚㼠㼟㻌㼜㼍㼥㼍㼎㼘㼑㻌㼠㼡㼞㼚㼛㼢㼑㼞

㻼㼞㼑㼜㼍㼕㼐㻌㼏㼛㼟㼠㻌㼞㼑㼏㼛㼢㼑㼞㼥㻵㼚㼢㼑㼚㼠㼛㼞㼥㻵㼚㼢㼑㼚㼠㼛㼞㼥㻌㼠㼡㼞㼚㼛㼢㼑㼞Copyright©2016NAGASE&CO.,LTD.

9䠟/䠢Trends

100millionssofyen

800

600

400

2002000
FY06

FY07

FY08

FY09

FY10

FY11

FY12

FY13

FY14

FY15

Ͳ200

Ͳ400

Ͳ600

Ͳ800

Ͳ1,000
OperatingC/FInvestingC/F

FinancingC/F

Copyright©2016NAGASE&CO.,LTD.

䠟/䠢Trends㻔㼙㼕㼘㼘㼕㼛㼚㼟㻌㼛㼒㻌㼥㼑㼚㻕㻲㼅㻌㻜㻢㻲㼅㻌㻜㻣㻌㻲㼅㻌㻜㻤㻌㻲㼅㻌㻜㻥㻌㻲㼅㻌㻝㻜㻌㻲㼅㻌㻝㻝㻌㻲㼅㻌㻝㻞㻌㻲㼅㻌㻝㻟㻌㻲㼅㻌㻝㻠㻌㻲㼅㻌㻝㻡㻻㼜㼑㼞㼍㼠㼕㼚㼓㻌㻯㻛㻲㻌㻌㻵㼚㼢㼑㼟㼠㼕㼚㼓㻌㻯㻛㻲㻌㻌㻲㼕㼚㼍㼚㼏㼕㼚㼓 㻯㻛㻲㻲㼕㼚㼍㼚㼏㼕㼚㼓㻌㻯㻛㻲㻌㻺㼑㼠㻌㼕㼚㼏㼛㼙㼑㻌㼎㼑㼒㼛㼞㼑㻌㼠㼍㼤㼑㼟㻌㻰㼑㼜㼞㼑㼏㼕㼍㼠㼕㼛㼚㻌㼍㼚㼐㻌㼍㼙㼛㼞㼠㼕㼦㼍㼠㼕㼛㼚㻌㻯㼔㼍㼚㼓㼑㻌㼕㼚㻌㼣㼛㼞㼗㼕㼚㼓㻌㼏㼍㼜㼕㼠㼍㼘㻌㼃㼛㼞㼗㼕㼚㼓㻌㼏㼍㼜㼕㼠㼍㼘㻌

Copyright©2016NAGASE&CO.,LTD.

10㻻㼜㼑㼞㼍㼠㼕㼚㼓㻌㻯㻛㻲㻌㻔㼑㼤㼏㼘㼡㼐㼕㼚㼓㻌㻯㼔㼍㼚㼓㼑㻌㼕㼚㻌㼣㼛㼞㼗㼕㼚㼓㻌㼏㼍㼜㼕㼠㼍㼘㻕㻌

100millionssofyen

800

600

400

200

0
FY06

FY07

FY08

FY09

FY10

FY11

FY12

FY13

FY14

FY15

Ͳ200

Ͳ400

Ͳ600

Ͳ800

Ͳ1,000OperatingC/F(excludingChangeinworkingcapital)

InvestingC/F

FinancingC/F

Copyright©2016NAGASE&CO.,LTD.

㻻㼜㼑㼞㼍㼠㼕㼚㼓㻌㻯㻛㻲㻌㻔㼑㼤㼏㼘㼡㼐㼕㼚㼓㻌㻯㼔㼍㼚㼓㼑㻌㼕㼚㻌㼣㼛㼞㼗㼕㼚㼓㻌㼏㼍㼜㼕㼠㼍㼘㻕㻌㻔㼙㼕㼘㼘㼕㼛㼚㼟㻌㼛㼒㻌㼥㼑㼚㻕㻲㼅㻌㻜㻢㻲㼅㻌㻜㻣㻲㼅㻌㻜㻤㻲㼅㻌㻜㻥㻲㼅㻌㻝㻜㻲㼅㻌㻝㻝㻲㼅㻌㻝㻞㻲㼅㻌㻝㻟㻌㻲㼅㻌㻝㻠㻲㼅㻌㻝㻡㻻㼜㼑㼞㼍㼠㼕㼚㼓㻌㻯㻛㻲㻌㻌



㻯㼔㻯㼔㼍㼚㼓㼑㻌㼕㼚㻌㼣㼛㼞㼗㼕㼚㼓㻌㼕㼗㼕㼏㼍㼜㼕㼠㼍㼘㻌㻻㼜㼑㼞㼍㼠㼕㼚㼓㻌㻯㻛㻲㻻㼠㼕 㻯㻛㻲㻔㼑㼤㼏㼘㼡㼐㼕㼚㼓㻌㻯㼔㼍㼚㼓㼑㻌㼕㼚㻌㼣㼛㼞㼗㼕㼚㼓㻌㼏㼍㼜㼕㼠㼍㼘㻕㻌㻌









㻵㼚㼢㼑㼟㼠㼕㼚㼓㻌㻯㻛㻲㻌㻌







㻲㼕㼚㼍㼚㼏㼕㼚㼓㻌㻯㻛㻲㻌

Copyright©2016NAGASE&CO.,LTD.

1112340,968
191,931
182,6111,987(7,939)(△6,016)
184,598
235
7,096
3.0
1.5
138,408

419,869
208,377
180,039
20,515(18,613)(1,922)200,554
183
7,639
4.9
2.4
138,408

Total assets (millions of yen)

Net assets (millions of yen)

Shareholders' equity

ROE (%)ROA (%)

761△ 25.28,110△ 35.316.0（8.0 + 8.0)
2,057
35.4
2.10
1.69
1.34
1.07

12,526△ 27.517.0（0.0 + 17.0)
2,186
21.8
1.67
1.29
1.28
1.08

Fiscal year end

Change (%)

Fiscal year end

Year avg.

(Interim dividend + Year-end dividend)

Dividend amount (based on resolution)

Payout ratio (%)

Dividend yield (%)

Japan Government Bond 10-Year Note YFiscal year end

Dividends on equity (%)

Total return ration (%)

62
51

62
51
11

Consolidated subsidiaies

Companies accounted forunder the equity method

2559

84

17.66

0.71

199,821

33.7

1.44

0.40

2.22

1.91

33.7

3,810

（15.0 + 15.0)

30.0

29.5

19,207

23.4

1,573

2,215.18

89.10

127,032376

127,408

2.2

4.3

0
6,102

281,398(9,478)(44,920)55,069226,328

287,500

546,525

11,31818,98920,36618,153759,713

FY2014

2560

85

12.76

0.57

157,137

33.0

1.46

-0.05

2.15

2.59

33.0

4,064

（16.0 + 16.0)

32.0△ 12.7

16,759△ 21.4

1,237

2,156.67

96.96

127,031377

127,408

2.3

4.4

0
5,185

273,963(4,411)(37,074)

39,305

234,657

279,149

512,081

12,316

15,23918,39018,024742,194

FY2015

PBR : Share price / Net assets per share = Share price / (Net assets / No. of share) = (Share price x No. of shares) / Net assets = Market capitalization / Net assets
PER : Share price / Earnings per share = Share price / (Profit attributable to owners of the parent / No. of shares) = (Share price x No. of shares) / Profit attributable to owners of the parent = Market capitalization /Profit attributable to owners of the parent

Net assets per share : Net assets / Total number of shares issued and outstanding, excluding treasury stock

Payout ratio : (Total number of shares issued and outstanding, excluding treasury stock x Dividends per share) / Profit attributable toowners of the parentEarnings per share : Profit attributable to owners of the parent / Total number of shares issued and outstanding, excluding treasury stock Japan Government Bond 10-Year Note Yield : Used the present value/rate (closing price) provided by QUICK------

42.8

1.46-

-

-

42.8

4,064

（16.0 + 16.0)

32.0

-

--

-

2,216.38

74.78

127,031377

127,408

-

3.4

0
5,555

281,549(4,411)(37,074)

41,457240,092

287,104

-

9,500

-

16,00014,500735,000

FY2016 forecast

Dividend yield : Dividends per share / Share price256085

13.89

0.66

161,967

30.5

1.50

0.61

2.31

2.20

30.5

3,557

（14.0 + 14.0)

28.0

19.6

14,828

11.2

1,275

1,942.20

91.86

127,033

11,375

138,408

2.4

4.9

0
5,168

246,723(2,239)(24,725)

27,346219,377

251,892

498,141

11,66318,353

17,905

15,789723,212FY2013

ROA : Profit attributable to owners of the parent / {(Total assets, beginning of period + Total assets, end of period) /2}

2161

82

10.25

0.64

145,342

34.9

1.52

0.56

2.73

2.27

23.4

3,295

（13.0 + 13.0)

26.0

23.0

12,398

12.0

1,147

1,803.30

111.31

126,715

11,693

138,408

3.0

6.5

50
9,250

228,505(△1,223)(17,943)

16,712

211,792

237,806

486,747

14,182

19,45817,927

15,578666,272

FY2012

Dividends on equity : (Total number of shares issued and outstanding, excluding treasury stock x Dividends per share) / { (Shareholders' equity, beginning of period + Shareholders' equity, end of period) /2}

1155

66

15.36

0.64

131,599

36.0

1.52

1.09

2.49

2.34

36.0

3,084

（12.0 + 12.0)

24.0

3.4

10,0843.4

1,024

1,592.87

66.69

128,514

9,894

138,408

2.1

4.2

110
7,927

204,706(△9,191)(12,731)3,518

201,188

212,744

450,842

8,570

16,536

15,69013,427

631,854

FY2011

Total return ratio : {(Total number of shares issued and outstanding, excluding treasury stock x Dividends per share) +Aquisition of Treasury shares} / Profit attributable to owners of the parent

95160

9.92

0.63

127,229

22.0

1.42

1.31

2.21

2.22

22.1

2,827

（9.0 + 13.0)

22.0△ 12.09,755△ 15.3990

1,568.04

99.76

128,514

9,894

138,408

3.4

6.5

235
7,564

201,516(△7,610)(13,188)

5,570

195,946

209,316

375,336

12,823

20,918

20,62518,732660,213

FY2010*Equity capital = (Shareholders' equity + Valuation and translation adjustments)

10

49

59

19.94

0.77

150,274

27.3

1.08

1.40

1.58

1.37

27.3

2,057

（7.0 + 9.0)

16.0

36.8

11,090

53.6

1,169

1,519.60

58.64

128,549

9,859

138,408

2.1

4.0

235
7,173

195,343(△5,225)(14,961)

9,744

185,599

202,753368,088

7,537

13,534

14,712

13,128603,949

FY2009ROE : Profit attributable to owners of the parent / {(Equity capital, beginning of period + Equity capital, end of period) /2}

Consolidated companies

1116.84

13.08

Fiscal year end

PER

0.53

0.65

Fiscal year end

PBR

35.4
97,83521.8
130,877

Fiscal year end

Market capitalization (millions of yen)

Dividends per share (yen)Nikkei Average (closing price)

Change (%)

NAGASE & CO share price (closing price Fiscal year end

1,018

45.17
1,435.87

77.86
1,559.96△ 31.4

Net assets per share (yen)Earnings per share (yen)Treasury stock (1,000 Shares)
Total number of shares issued and outstanding(excluding treasury stock) (1,000 Shares)

Total number of shares issued and outstanding (1,000 Shares)

Non-controlling interests

Stock acquisition rights

Equity capital(Translation adjustments)(Unrealized holding gain on securities)

Accumulated other comprehensive income (loss)

9,813

5,808

10,005

Profit attributable to owners of the parent (millions of yen)

128,562

11,183

20,264

Net income before taxes (millions of yen)

9,807

13,052

24,823

Ordinary income (millions of yen)

128,563

12,522

23,063Operating profit (millions of yen)

FY2008715,238

Net sales (millions of yen)764,755

FY2007(Reference 1) Numerical Data/Indicators (FY2007 - FY2016 forecast)

P/L

B/S

Stock

Share Price

Dividends

ShareValue

Affiliatedcompany