Summary of Consolidated Business Results for Fiscal 2019
July 13, 2020
Company Name:
Toyo Denki Seizo K.K.
Stock Exchange: 1st Section of the Tokyo Stock Exchange
Stock Code:6505
URL
https://www.toyodenki.co.jp
Representative:
Kenzo Terashima, President
Inquiries:
Takatoshi Ohtsuka, General Manager, Management Planning Division
TEL: +81-3-5202-8122
Scheduled date of convention of ordinary general meeting of shareholders: August 26, 2020
Scheduled date of commencement of dividend payments: August 27, 2020
Scheduled date of submission of financial report: August 27, 2020
Preparation of financial report supplemental explanatory materials: Yes
Holding of financial results briefing: No(Note: Amounts less than one million yen in financial statements and supplementary data are rounded down.)

1.

Consolidated Business Results for Fiscal 2019 (June 1, 2019 to May 31, 2020)(1) Consolidated Operating Results(Percentage figures show year-on-year increase or decrease.)
Net Sales

Fiscal 2019
Fiscal 2018

Operating Income

Net Income Attributable to
Owners of the Parent

Ordinary Income

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

39,071
41,172

(5.1)
(3.2)

1,068
557

91.5
52.0

1,207
495

143.5
(3.8)

1,081
690

56.7
(0.3)

(Note) Comprehensive income:Fiscal 2019
Fiscal 2018

Net Income
per Share

Fiscal 2019
Fiscal 2018(351) million yen [-%]
(251) million yen [-%]Net Income to
Shareholders’Equity Ratio

Diluted Net Income
per Share

Ordinary Income toTotal Assets Ratio

Operating Income
to Net Sales Ratio

Yen

Yen

%

%

%

120.98
75.27

—
—

4.4
2.7

2.1
0.8

2.7
1.4

(Reference) Equity method investment gain or loss for:Fiscal 2019
Fiscal 2018(39) million yen
10 million yen(2) Consolidated Financial Position
Total Assets

Shareholders’ Equity
Ratio

Net Assets per Share

Millions of yen

Millions of yen%

Yen

55,16558,001

24,18324,80443.8
42.8

2,704.61
2,773.87

As of May 31, 2020
As of May 31, 2019
(Reference) Shareholders’ equity:

Net Assets

As of May 31, 2020
As of May 31, 201924,183 million yen
24,804 million yen(3) Consolidated Cash Flows
Cash Flow fromOperating Activities

Fiscal 2019
Fiscal 2018

Cash Flow from
Investing Activities

Cash Flow from
Financing Activities

Cash and Cash
Equivalents at the End of
the Fiscal Year

Millions of yen

Millions of yen

Millions of yen

Millions of yen

2,148
3,720

41
(1,019)(1,126)(2,012)

3,293
2,240

-1-

2.

Dividend Information
Annual Dividend
1Q

InterimFiscalYear-End

3Q

Total

Total Annual
Dividends

Dividend
Payout Ratio(consolidated)

Dividend on
Equity Ratio(consolidated)

Yen

Yen

Yen

Yen

Yen

Millions of yen%%

Fiscal 2018
Fiscal 2019

—
—

0.00
0.00

—
—

30.00
30.00

30.00
30.00

268
268

39.9
24.8

1.1
1.1

Fiscal 2020
(Forecast)

—

—

—

—

—

(Note)

3.

—

The dividends for Fiscal 2020 are undecided at this moment, and the dividend forecast will be released as soon as theperformance forecast is ready to be disclosed.

Consolidated Performance Forecast for Fiscal 2020 (June 1, 2020 to May 31, 2021)

Amid the novel coronavirus spreading globally, some orders received by the Company were also affected, which makes it difficult toreasonably quantify the degree of the impact on the Company’s performance. Therefore, the consolidated performance forecast for
Fiscal 2020 is undecided at this moment. As soon as it becomes possible to reasonably make a performance forecast going forward,
the Company will announce such immediately.

* Notes:(1) Transfers of major subsidiaries during the period: No(Transfers of specified subsidiaries accompanied by changes in the scope of consolidation)
Newly included: - companies (name of the company)
Excluded: - companies (name of the company)(2)

Changes in accounting policies, changes in accounting estimates, and restatement(a) Changes in accounting policies in accordance with revisions to accounting standards and related practices: No(b) Any changes other than (a) above: No(c) Changes in accounting estimates: No(d) Restatement: No(3)

Shares outstanding (common stock)(a) Number of shares outstanding as of the endof the period (including treasury stock):

Fiscal 2019

9,735,000 sharesFiscal 2018

9,735,000 shares(b) Number of shares of treasury stock as ofthe end of the period:

Fiscal 2019

793,403 sharesFiscal 2018792,966 shares(c) Average number of shares for the period(fiscal year-to-date):

Fiscal 2019

8,941,814 sharesFiscal 2018

9,173,463 shares-2-

(Reference) Non-Consolidated Financial Statements
1.

Non-Consolidated Business Results for Fiscal 2019 (June 1, 2019 to May 31, 2020)(1) Non-Consolidated Operating Results(Percentage figures show year-on-year increase or decrease.)
Net Sales
Fiscal 2019
Fiscal 2018

Operating Income

Ordinary Income

Net Income

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

33,26333,804

(1.6)
(3.5)

261
(145)

—
—

956
341

180.4
165.1

880
707

24.5
5.5

Net Income per Share

Fiscal 2019
Fiscal 2018

Diluted Net Income
per Share

Yen

Yen

98.42
77.07

—
—

(2) Non-Consolidated Financial Position
Total Assets

As of May 31, 2020
As of May 31, 2019
(Reference) Shareholders’ equity:

Net Assets

Shareholders’ Equity
Ratio

Net Assets per Share

Millions of yen

Millions of yen%

Yen

51,12553,88919,86920,67538.9
38.4

2,222.15
2,312.22

As of May 31, 2020
As of May 31, 201919,869 million yen
20,675 million yen**

The Summary of Consolidated Business Results is not subject to auditing by a certified public accountant or audit firm.
Disclaimer concerning the proper use of business results forecasts and other relevant specific items
The forecasts for business results presented in this document are based on management’s assumptions and beliefs in light ofcurrently available information. Toyo Denki Seizo K.K. (hereinafter Toyo Denki) cautions readers that due to a variety of factors
actual results may differ materially from forecasts. Please refer to “(4) Outlook in 1. Overview of Business Results, Etc.” in the
Accompanying Materials on page 3 for details relating to performance forecasts (available in Japanese only).

*This report is an abridged translation of the Japanese summary of consolidated business results, which has been prepared inaccordance with accounting principles generally accepted Japan, for reference purpose only.

-3-

Summary of Consolidated Business Results for Fiscal 2019
Toyo Denki Seizo K.K. (6505)

3.

Consolidated Financial Statements(1) Consolidated Balance Sheets(Millions of yen)
Fiscal 2018
(As of May 31, 2019)
AssetsCurrent assets
Cash and cash equivalents
Trade notes and accounts receivable
Electronically recorded monetary claims - operating
Products and finished goods
Work in process
Raw materials and stored goods
Advances
Other accounts receivable
Other
Allowance for doubtful accounts
Total current assets
Fixed assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation
Buildings and structures, net
Machinery and equipment
Accumulated depreciation
Machinery and equipment, net
LandConstruction in progress
Other
Accumulated depreciation
Other, net
Total property, plant and equipment
Intangible assets
Software
Software in progress
Other
Total intangible assets
Investments and other assets
Investment securities
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total fixed assets
Total assets-4-

Fiscal 2019
(As of May 31, 2020)

2,240
14,192
1,443
991
3,504
3,074
47
461
64
(1)
26,0193,293
14,135
1,538
756
3,424
2,996
13
39
86
(0)
26,284

12,210(5,119)7,090
8,174(6,732)
1,441
1,301
31
4,410
(3,592)818
10,683

12,269(5,515)
6,753
8,179(7,120)
1,059
1,301
86
4,654
(3,929)
724
9,925

677
—
14
692

462
14
14
490

17,856
164
2,598
(12)
20,60631,98258,001

15,434
170
2,865
(6)
18,46328,88055,165

Summary of Consolidated Business Results for Fiscal 2019
Toyo Denki Seizo K.K. (6505)(Millions of yen)
Fiscal 2018
(As of May 31, 2019)
Liabilities
Current liabilities
Trade notes and accounts payable
Electronically recorded obligations - operating
Short-term debt
Accrued expenses
Income taxes payable
Consumption and other taxes payable
Advances received
Deposits received
Reserve for directors’ bonuses
Reserve for employees’ bonuses
Reserve for order losses
Other
Total current liabilities
Long-term liabilities
Long-term debt
Long-term payables
Deferred tax liabilities
Net defined benefit liability
Other
Total long-term liabilities
Total liabilities
Net assets
Shareholders’ equity
Capital stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders’ equity
Accumulated other comprehensive income
Unrealized holding gains on available-for-sale securities
Foreign currency translation adjustments
Adjustments of defined benefit plans
Total accumulated other comprehensive income
Total net assets
Total liabilities and net assets-5-

Fiscal 2019
(As of May 31, 2020)

2,670
5,944
2,462
678
320
579
59
216
38
819
570
402
14,763

2,224
5,877
2,207
606
334
310
45
198
36
876
732
218
13,66912,961
20
1,554
3,893
4
18,43333,197

12,344
25
930
4,010
3
17,31230,981

4,998
3,177
10,797(1,280)17,693

4,998
3,177
11,610(1,280)18,505

7,176
126
(192)
7,110
24,80458,001

5,727
79
(129)
5,677
24,18355,165

Summary of Consolidated Business Results for Fiscal 2019
Toyo Denki Seizo K.K. (6505)(2) Consolidated Statements of Income and Comprehensive Income
Consolidated Statements of Income(Millions of yen)

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividend income
Equity in profit of unconsolidated subsidiaries and affiliates
Insurance claim income related to disaster
Subsidy income
Miscellaneous income
Total non-operating income
Non-operating expenses
Interest expenses
Equity in loss of unconsolidated subsidiaries and affiliates
Foreign exchange losses
Disaster recover expenses
Commission fee
Loss on disposal of fixed assets
Miscellaneous loss
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sales of investment securities
Total extraordinary income
Extraordinary loss
Expenses for commemorative events of the 100th anniversary
Loss on valuation of investment securities
Total extraordinary losses
Income before income taxes
Income taxes: Current
Income taxes: Deferred
Total income taxes
Net income
Net income attributable to owners of the parent-6-

Fiscal 2018
(June 1, 2018 to
May 31, 2019)41,17233,333
7,839
7,281
557

Fiscal 2019
(June 1, 2019 to
May 31, 2020)
39,07130,828
8,242
7,174
1,068

1
242
10
—
—
47
301

1
233
—
104
40
60
439

143
—
82
—
76
4
55
363
495

83
39
56
79
3
5
32
300
1,207

804
804

447
447

53
—
53
1,246
448
107
556
690
690

—
1
1
1,653
577
(5)
571
1,081
1,081

Summary of Consolidated Business Results for Fiscal 2019
Toyo Denki Seizo K.K. (6505)

Consolidated Statements of Comprehensive Income

690(Millions of yen)
Fiscal 2019
(June 1, 2019 to
May 31, 2020)
1,081

(934)
19
54

(1,448)
(12)
62

(81)

(34)

(941)
(251)

(1,433)
(351)

(251)
—

(351)
—

Fiscal 2018
(June 1, 2018 to
May 31, 2019)
Net income
Other comprehensive income
Unrealized holding gains on available-for-sale securities
Foreign currency translation adjustments
Adjusted amounts of defined benefit plans
Share of other comprehensive income of affiliates to which
the equity method is applied
Total other comprehensive income
Comprehensive income
Comprehensive income attributable to:
Owners of the parent
Non-controlling interests-7-

Summary of Consolidated Business Results for Fiscal 2019
Toyo Denki Seizo K.K. (6505)(3) Consolidated Statements of Changes in Net Assets
For the fiscal year ended May 31, 2019 (June 1, 2018 to May 31, 2019)(Millions of yen)
Shareholders’ equity
Treasury stock

Total
shareholders’equity10,579(480)

18,274

—

(472)

—

(472)

—

—

690

—

690

Acquisition of treasury stock

—

—

—

(800)

(800)

Net changes in items otherthan shareholders’ equity

—

—

—

—

—

Total change during fiscal period
under review

—

—

218

(800)

(581)

Balance as of the end of fiscal
period under review

4,998

3,177

10,797(1,280)17,693

Capital stock

Capital surplus

4,998

3,177

Distribution of retained
earnings—

Net income attributable toowners of the parent

Balance as of the beginning of
the fiscal period under review

Retainedearnings

Change during fiscal period
under review

Accumulated other comprehensive income
Unrealized
holding gains
on availablefor-salesecurities
Balance as of the beginning of
the fiscal period under review

Foreigncurrencytranslation
adjustments

Adjustments ofdefined benefit
plans

Total
accumulated
othercomprehensive
incomeTotal net assets

8,111

188

(247)

8,052

26,327

Distribution of retained
earnings

—

—

—

—

(472)

Net income attributable toowners of the parent

—

—

—

—

690

Acquisition of treasury stock

—

—

—

—

(800)

Net changes in items otherthan shareholders’ equity

(934)

(61)

54

(941)

(941)

Total change during fiscal period
under review

(934)

(61)

54

(941)

(1,523)

Balance as of the end of fiscal
period under review

7,176

126

(192)

7,110

24,804

Change during fiscal period
under review-8-Summary of Consolidated Business Results for Fiscal 2019
Toyo Denki Seizo K.K. (6505)

For the fiscal year ended May 31, 2020 (June 1, 2019 to May 31, 2020)(Millions of yen)
Shareholders’ equity
Treasury stock

Total
shareholders’equity10,797(1,280)17,693

—

(268)

—

(268)

—

—

1,081

—

1,081

Acquisition of treasury stock

—

—

—

(0)

(0)

Net changes in items otherthan shareholders’ equity

—

—

—

—

—

Total change during fiscal period
under review

—

—

813

(0)

812

Balance as of the end of fiscal
period under review

4,998

3,177

11,610(1,280)18,505

Capital stock

Capital surplus

4,998

3,177

Distribution of retained
earnings—

Net income attributable toowners of the parent

Balance as of the beginning of
the fiscal period under review

Retainedearnings

Change during fiscal period
under review

Accumulated other comprehensive income
Unrealized
holding gains
on availablefor-salesecurities
Balance as of the beginning of
the fiscal period under review

Foreigncurrencytranslation
adjustments

Adjustments ofdefined benefit
plans

Total
accumulated
othercomprehensive
incomeTotal net assets

7,176

126

(192)

7,110

24,804

Distribution of retained
earnings

—

—

—

—

(268)

Net income attributable toowners of the parent

—

—

—

—

1,081

Acquisition of treasury stock

—

—

—

—

(0)

Net changes in items otherthan shareholders’ equity(1,448)(47)

62(1,433)(1,433)

Total change during fiscal period
under review(1,448)(47)

62(1,433)(620)

Balance as of the end of fiscal
period under review

5,727

79

(129)

5,677

24,183

Change during fiscal period
under review-9-Summary of Consolidated Business Results for Fiscal 2019
Toyo Denki Seizo K.K. (6505)(4) Consolidated Statements of Cash Flows
Fiscal 2018
(June 1, 2018 to
May 31, 2019)
Cash flow from operating activities
Income before income taxes
Depreciation and amortization
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in reserve for employees’ bonuses
Increase (decrease) in net defined benefit liability
Interest and dividends income
Interest expenses
Insurance claim income related to disaster
Subsidy income
Disaster recover expenses
Loss (gain) on sales of investment securities
Decrease (increase) in notes and accounts receivable-trade
Decrease (increase) in inventories
Increase (decrease) in trade notes
Increase (decrease) in reserve for order losses
Increase (decrease) in advances received
Increase (decrease) in accrued expenses
Decrease (increase) in consumption and other taxes receivable
Increase (decrease) in consumption and other taxes payable
Other
SubtotalInterest and dividends income received
Interest expenses paid
Proceeds from insurance income related to disaster
Subsidies received
Payments for disaster recover expenses
Refund of (Payments for) corporate and other taxes
Cash flow from operating activities
Cash flow from investing activities
Purchases of property, plant and equipment
Purchases of intangible assets
Purchases of investment securities
Proceeds from sales of investment securities
Payments of loans receivableCollection of loans receivable
Payments for investments in capital of subsidiaries
Other
Cash flow from investing activities
Cash flow from financing activities
Increase (decrease) in short-term loans payable, net
Proceeds from long-term debt
Repayment of long-term debt
Purchase of treasury stock
Cash dividends paid
Other
Cash flow from financing activities
Effect of exchange rate change on cash and cash equivalents
Increase (decrease) in cash and cash equivalents
Balance of cash and cash equivalents at the beginning of the period
Balance of cash and cash equivalents at the end of the period- 10 -(Millions of yen)
Fiscal 2019
(June 1, 2019 to
May 31, 2020)

1,246
1,774
(0)
5
37
(244)
143
—
—
—
(804)
2,527
290
(1,790)
(134)
(129)
(170)
415
540
120
3,828
259
(146)
—
—
—
(221)
3,720

1,653
1,487
(7)
57
138
(235)
83
(104)
(40)
79
(447)
(64)
372
(481)
166
(13)
(64)
—
(268)
104
2,418
235
(91)
104
40
(79)
(477)
2,148

(2,277)
(49)
(260)
1,441
—
35
—
92
(1,019)

(647)
(33)
(14)
1,132
(26)
—
(338)
(31)
41

(1,990)4,600(3,355)
(800)
(471)
4
(2,012)
(4)
685
1,555
2,240

(287)
—
(568)
(0)
(268)
(1)
(1,126)
(10)
1,053
2,240
3,293

Summary of Consolidated Business Results for Fiscal 2019
Toyo Denki Seizo K.K. (6505)(5) Notes on Consolidated Financial Statements(Notes on Going Concern Assumption)
Not applicable(Segment Information)[Segment Information]
1. Outline of reporting segments
The reporting segments of the Group are components for which discrete financial information is available and whose
operating results are regularly reviewed by the Board of Directors to make decisions about resource allocation and toassess performance.
The Group establishes business units by product and each business unit designs domestic and overseas comprehensive
strategies for its products and develops business activities. Accordingly, the Group consists of three reporting segments
by product based on the business units, which are Transportation Systems, Industrial Systems, and Information Equipment
Systems.
[Details of each segment]•
Transportation Systems
Manufacturing, sales and related construction for electrical equipment used in rail vehicles, alternative rail vehicles
and special purpose vehicles, as well as electric storage systems for railway applications, etc.
•

Industrial Systems
Manufacturing, sales and related construction for systems for industrial production and processing facilities,
automobile testing systems, power generation and source systems, water supply and sanitation equipment systems,
electrical equipment used in automobiles, etc.

•

Information Equipment Systems
Manufacturing, sales and related construction services for station operating equipment systems, remote monitoring
systems and information systems equipment, etc.

2. Basis for calculating net sales, profit (loss), assets and liabilities, and other items by reporting segment
The method of accounting process of reporting segments is equivalent to the method described in “Notes on importantmatters for the preparation of consolidated financial statements.”
Segment profit is evaluated based on operating income. Inter-segment sales and transfers are recorded at the same prices
used in transactions with third parties.

- 11 -

Summary of Consolidated Business Results for Fiscal 2019
Toyo Denki Seizo K.K. (6505)

3. Information regarding net sales, profit (loss), assets and liabilities, and other items by reporting segment
For the fiscal year ended May 31, 2019 (June 1, 2018 to May 31, 2019)
Reporting Segment
Transportation
Systems
Net sales
Sales to third parties
Inter-segment sales
and transfers

Industrial
Systems

Information
Equipment
Systems

Other(Note)

Total(Millions of yen)AmountRecorded on
Adjustment
Consolidated
AmountStatementsof Income

27,235

12,3391,583

1341,172—

41,172

50

0

—

591

642

(642)

—

Total

27,285

12,3401,583

605

41,814(642)

41,172

Segment profit

2,427

650

290

34

3,401

(2,843)557

Segment assets

20,216

14,3101,199

572

36,30021,70158,001

718

691

92

1

1,503

270

1,774

595

366

109

13

1,085

5

1,090

Other items
Depreciation andamortization
Increase in property,
plant and equipment
and intangible assets
Note:

The “Other” segment includes operations not included in reporting segments such as the dispatch of temporary staff.

For the fiscal year ended May 31, 2020 (June 1, 2019 to May 31, 2020)(Millions of yen)

Information
Equipment
Systems

Other(Note)

Total

Adjustment
AmountAmountRecorded on
Consolidated
Statementsof Income

Reporting Segment
Transportation
Systems
Net sales
Sales to third parties
Inter-segment sales
and transfers
Total

Industrial
Systems

24,26913,0231,772

539,071—

39,071

12

1

—

510

524

(524)

—

24,282

13,024

1,772

516

39,595(524)

39,071

Segment profit

2,474

1,008

460

5

3,948

(2,880)1,068

Segment assets

20,364

13,6791,062

536

35,642

19,52255,165

592

608

27

4

1,232

255

1,487

356

111

24

5

497

47

545

Other items
Depreciation andamortization
Increase in property,
plant and equipment
and intangible assets
Note:

The “Other” segment includes operations not included in reporting segments such as the dispatch of temporary staff.

- 12 -

Summary of Consolidated Business Results for Fiscal 2019
Toyo Denki Seizo K.K. (6505)

4.

Description of nature and amounts of differences between reporting segment total and consolidated financial
statements(Millions of yen)
For the fiscal year ended
May 31, 2019

Net sales
Reporting segment total

For the fiscal year ended
May 31, 2020

41,20939,079

Sales under the Other category

605

516

Inter-segment elimination

(642)

(524)

Net sales in consolidated financial statements

41,172

39,071(Millions of yen)

For the fiscal year ended
May 31, 2019

ProfitReporting segment total

For the fiscal year ended
May 31, 2020

3,367

3,942

Profit under the Other category

34

5Inter-segment elimination

(0)

(0)

Companywide expenses(2,842)(2,880)

557

1,068

Operating income in consolidated financial statements
Note:

Companywide expenses are primarily selling, general and administrative expenses not belonging to any reporting segment.
(Millions of yen)
For the fiscal year ended
May 31, 2019

AssetsReporting segment total

For the fiscal year ended
May 31, 2020

35,72735,106

Assets under the Other category

572

536

Inter-segment elimination

(748)

(875)

Companywide assets

22,45020,398

Total assets in consolidated financial statements

58,001

55,165

Note:

Companywide assets are primarily assets managed by the head office and not belonging to any reporting segment.

Other items

Reporting segment
total

Other

Adjustment amountFor the fiscal year
ended May 31,
2019
2020

For the fiscal year
ended May 31,
2019
2020

For the fiscal year
ended May 31,
2019
2020

(Millions of yen)Amount recorded on
consolidated
statements of income
For the fiscal year
ended May 31,
2019
2020

Depreciation andamortization

1,502

1,228

1

4

270

255

1,774

1,487

Increase in property,
plant and equipment andintangible assets

1,071

492

13

5

5

47

1,090

545

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Summary of Consolidated Business Results for Fiscal 2019
Toyo Denki Seizo K.K. (6505)(Per Share Information)
Fiscal 2018
(June 1, 2018 to May 31, 2019)

Fiscal 2019
(June 1, 2019 to May 31, 2020)

Net assets per share

2,773.87 yen

2,704.61 yen

Net income per share

75.27 yen

120.98 yen

Notes:

1. Diluted net income per share is not shown because there are no potentially dilutive shares.
2. The basis for calculating net income per share is as follows:
Items

Fiscal 2018
(June 1, 2018 to May 31, 2019)

Fiscal 2019
(June 1, 2019 to May 31, 2020)

Net income per share
Net income attributable to owners of the parent(Millions of yen)

690

1,081

Amount not attributable to commonshareholders (Millions of yen)——

Net income attributable to owners of the parent
related to common shares (Millions of yen)

690

1,081

Average number of common shares outstanding
during the period (1,000 shares)

9,173

8,941

(Significant Subsequent Events)
Not applicable- 14 -

Summary of Consolidated Business Results for Fiscal 2019
Toyo Denki Seizo K.K. (6505)

4.

Other

(1) Status of Production, Orders, and Sales(a) Production Status
Business segment

Fiscal 2018
(June 1, 2018 to May 31, 2019)
AmountShare(Millions of yen)(%)

Fiscal 2019
(June 1, 2019 to May 31, 2020)
AmountShare(Millions of yen)(%)

Transportation Systems

26,82567.1

24,341

62.3

Industrial Systems

11,68529.2

12,53932.1

Information Equipment Systems

1,496

3.7

2,208

5.7

Other

—

—

—

—

Total

40,008100.0

39,089100.0

Notes:

1. Amounts are based on sales prices.
2. Amounts are exclusive of consumption and other taxes.

(b) Status of Orders Received
Business segment

Fiscal 2018
(June 1, 2018 to May 31, 2019)
Orders Received
Balance(Millions of yen)
(Millions of yen)

Fiscal 2019
(June 1, 2019 to May 31, 2020)
Orders Received
Balance(Millions of yen)
(Millions of yen)Transportation Systems

26,08022,59925,712

24,108Industrial Systems

12,833

7,184

11,198

5,358

Information Equipment Systems

1,756

700

1,611

539

Other

13

—

5

—

Total

40,68430,48338,52730,006

Notes:

1. Amounts are based on sales prices.
2. Amounts are exclusive of consumption and other taxes.

(c) Sales Status
Business segment

Fiscal 2018
(June 1, 2018 to May 31, 2019)
AmountShare(Millions of yen)(%)

Fiscal 2019
(June 1, 2019 to May 31, 2020)
AmountShare(Millions of yen)(%)

Transportation Systems

27,235

66.1

24,26962.1

Industrial Systems

12,33930.0

13,023

33.3

Information Equipment Systems

1,583

3.8

1,772

4.5

Other

13

0.0

5

0.0

Total

41,172100.0

39,071100.0

Notes:

1. Amounts are based on sales prices.
2. Amounts are exclusive of consumption and other taxes.

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Summary of Consolidated Business Results for Fiscal 2019
Toyo Denki Seizo K.K. (6505)(2) Personnel changes of directors and audit & supervisory board members
Please refer to the “Toyo Denki Announces Change of Representative Director and Officers,” released today.

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