Financial Report- 2022 -FY2021 financial statement highlights
Balance Sheet(summary)

Income Statement(summary)(in million of Yen)

Assets

FY 2021

Change fromFY 2020 previous year

FY 2021

Change fromFY 2020 previous year
342 ⑥372▲ 372 ⑦

Education

565

436

128

Management expense grants

28 ②

Donation liabilities

679

609

69

Research

1,343

1,171

171

Student fees

297 ③

Liabilities for commissioned
research

371

370

1

Support for education andresearch

1,054

1,007

46

Commissioned researchCommissioned research

1,445

1,126

319 ①

Personnel expensen

3,848

3,954

▲ 106 ②

General and administrativeexpenses

30228220

Other ordinary expenses

2957

▲ 28

Buildings and structures

10,901

10,872Tools, furniture and fixtures

2,798

2,500514529▲ 14

Accounts payable

2,1382,265▲ 1273101▲ 98 ④

Other liabilities

40132477

Investment securities

200

200

06,803

6,812▲ 8

Other fixed assets

146

100

45Total(Liabilities)

Net assets

23,841

23,649

191

2,942

3,652

▲ 709 ⑤

Capital surplus

Current assets

Accounts receivable

Capital stock

FY 2021

FY 2020

Change fromprevious year

18,624

18,680▲ 56 ⑧58453945 ⑨000

Earned surplus

948

1,386

▲ 437 ⑩1619665

Gross profit

361

245116

Total(Net assets)

20,15820,606▲ 448

Total(Liabilities andnet assets)

26,962

27,418▲ 456

Other current assets

FY 20212,870▲ 67 ①Securities

Revenues

09,344

Cash and deposits

Change fromFY 2020 previous year

3,212

9,276

Total(Fixed assets)

FY 2021

Management expense grants
liabilities

Land

Construction in progress(in million of Yen)

Expenses

Contra-accounts for assets

Fixed assets

Books

Liabilities

1720▲ 3Total(Current assets)

3,121

3,769

▲ 648

Total(Assets)

26,962

27,418▲ 456

Ordinary expenses

Change fromFY 2020 previous year

Ordinary revenues

Extraordinary loss
Total(Expenses)
Gross profit
Total

---

8,588

8,036

552

361

245

116

8,950

8,281

668

5,213

5,074

646

623

139 ③
23

1,498

1,138

360 ④

Donations

211

221

Subsidies

272

263

9Research-related revenues

229

236

▲ 6▲ 9

Reversal of contra-accounts
for assets

465

449

15

Other ordinary revenues

175

147

27

Extraordinary profit
Total(Revenues)
Reversal of reserve for
specfic purposes

Total

240248,737

8,153584

212

128

84

8,950

8,281

668

M ain fa cto rs for th e c han ges

Mai n fac to rs af fec tin g cha ng es(in million of Yen)

① L andDecrease of 67 million yen due to the sale of land.

⑥ C on tra -a cco un ts for a sse ts
Increase of 911 million yen due to purchases fixed assets.
Decrease of 569 million yen due to accumulated depreciation.

② B uil di ngs a nd st ruc tur es
Increase of 674 million yen due to facility maintenance.
Decrease of 655 million yen due to accumulated depreciation.

Decrease of 1,490 million yen due to accumulated depreciation.

④ C ons tr uct io n i n pro gre ss
Decrease of 101 million yen due to completion of equipment
renovation.

⑤ C ash a nd de pos it s
Decrease of 799 million yen due to Reversal of reserve forspecfic purposes.

Increase due to research makes progress.
Commissioned research
Joint research⑦ M an age me nt ex pen se gr ant s lia bi lit ies
Decrease of 363 million yen due to completion of undertakingsfrom previous year.

③ T ool s, fu rn itu re an d f ix tur es
Increase of 1,789 million yen due to purchases.

① Co mmi ss ion ed res ear ch exp ens es⑧ C ap ita l sto ck③ Rev enu e f rom Ma nag eme nt ex pen se gra nts
Increase 99 million yen due to the increase in expenses.

Increase of 254 million yen

Increase of 51 million yen

Commissioned business

Increase of 12 million yen④ Rev enu e f rom co mmi ssi one d res ear ch
Increase due to the increase in expenses.

② Pe rso nn el exp ens es

Commissioned research

Decrease of 170 million yen due to the decrease in retirees.

Joint research

Increase of 64 million yen due to increasing employment.

Commissioned business

Increase of 341 million yen

Increase of 6 million yen
Increase of 12 million yen

Decrease of 56 million yen due to the sale of land.

⑨ C ap ita l sur pl us
Increase of 1,789 million yen due to purchases fixed assets.
Decrease of 668 million yen due to accumulated depreciation.

⑩ E ar ned s urp lu s
Decrease of 799 million yen due to Reversal of reserve for
specfic purposes.

1New equipment installed in FY2021


Digital Transformation Promotion Project to integrate
education and research to drive the advancement ofgraduate school education (Government subsidy)We installed a local 5G radio
station and started
operation of a high-speed,
high-reliability, largecapacity wireless network
service. This system canprovide an advanced
research environment and afulfilling graduate school
education environment.

To advance graduate school
education, we have seamlessly
constructed a centralized core
educational system, the LearningManagement System (LMS), andstudent portfolio, and developed a
new student and class supportsystem.

Individual booths for online interviews (NAIST budget)
Company recruiting activities have
moved online due to countermeasures against covid-19 andadvances in IT technology.
Therefore, we set up individual
booths for job hunting wherestudents can take online interviews
without worrying about network
trouble in a quiet environment
where privacy is maintained.

Local 5G network system (Government subsidy)

System for housing animals with individual ventilation(NAIST budget)
We introduced a system foranimal experiments toprovide comfortable animal
rearing environments,
strictly manage geneticallymodified animals to prevent
escape, and control
microbial environments toensure research
reproducibility and safety.

2

Summary of revenue（Change from FY2004）

Other revenues
Reversal of contraaccounts for assets
Revenue from student fees
Revenue from donations
Revenue from externalfunding

Revenue frommanagement expenses
grants3

Financial management issues
 Reduced management expenses grants
Decreased by 40 million yen each fiscal year → Review of all expenses

 Soaring electricity rates
FY2021 (actual)
240 million yen>> FY2022 (forecast)
490 million yen>> FY2023 (forecast)
600 million yen→ Save electricity（The President called for this in a video.） Increased labor costs
Adoption of the annual salary system, Employment of diverse professionals→ Review position assignments, etc.

 Others factors
Soaring e-journal prices, information technology costs, yen depreciation, etc.

4