These documents have been translated from Japanese originals for reference purposes only.
In the event of any discrepancy between these translated documents and the Japanese originals, theoriginals shall prevail. JUKI CORPORATION assumes no responsibility for these translations or for direct,
indirect or any other forms of damages arising from the translations.

Items Disclosed on the Internet Concerning Convocation Notice ofthe 107th Ordinary General Meeting of Shareholders
Notes to Consolidated Financial Statements
Notes to Non-consolidated Financial Statements(January 1, 2021 - December 31, 2021)

JUKI CORPORATION

Pursuant to relevant laws and regulations, and Article 16 of the Articles of Incorporation of the Company,“Notes to Consolidated Financial Statements” and “Notes to Non-consolidated Financial Statements” areprovided to shareholders by posting on the Company’s website (URL: https://www.juki.co.jp).

1Notes to Consolidated Financial Statements
1. Notes on the Basis for the Preparation of Consolidated Financial Statements, etc.
(1) Scope of consolidation
1) Number of consolidated subsidiaries: 25
Names of major consolidated subsidiaries:
JUKI AUTOMATION SYSTEMS CORPORATION, JUKI INDUSTRIAL EQUIPMENTTECHNOLOGY CORPORATION, JUKI SINGAPORE PTE. LTD., JUKI (CHINA) CO., LTD.,
JUKI (SHANGHAI) INDUSTRIAL CO., LTD., and 20 other subsidiaries.
2) Names of major non-consolidated subsidiaries:
Seven non-consolidated subsidiaries, including JUKI MACHINERY VIETNAM CO., LTD., areexcluded from the scope of consolidation because their exclusion does not preclude reasonable
judgment on the Group’s financial situation and management results as a whole.
(2) Application of equity-method
Number of associates accounted for using the equity method: 1
Company name: ESSEGI AUTOMATION S.r.l.
The seven non-consolidated subsidiaries and NISSEN Co., Ltd. and two other associates are excluded
from the scope of application of equity-method because their exclusion does not preclude reasonable
judgment on the Group’s financial situation and management results as a whole.
(3) Accounting periods of consolidated subsidiaries
The year-end balance sheet dates for all consolidated subsidiaries, other than JUKI INDIA PVT. LTD.
whose balance sheet date is March 31, are the same as the consolidated balance sheet date. The financial
statements of JUKI INDIA PVT. LTD. prepared on the basis of a provisional closing of accounts as of
the consolidated balance sheet date are used in preparing the consolidated financial statements.
(4) Accounting policies
1) Standards and methods for valuation of important assets
A. Securities
Available-for-sale securities with market quotations
Stated based on the market price, etc. on the consolidated balance sheet date
(Unrealized gains and losses are excluded from income and reported in a separate component of
net assets. The cost of sales is calculated using the moving-average method.)
Available-for-sale securities without market quotations
Stated at cost using the moving-average method
B. Derivatives
Stated mainly at market
C. Inventories
Stated at the lower of cost
Merchandise and finished goods and work inprocess
Raw materials and supplies

Mainly by the average method or first-in
first-out method
Mainly by the average method or last cost
method2) Depreciation & amortization method for important depreciable assets
A. Property, plant and equipment (excluding leased assets)
The declining-balance method is applied for the Company and its domestic consolidated
subsidiaries. However, the straight-line method is applied for buildings acquired on and after April
1, 1998 (excluding any facilities attached to buildings) and facilities attached to buildings andstructures acquired on and after April 1, 2016. Overseas consolidated subsidiaries are mainly
subject to the straight-line method.
The main economic useful lives are as follows:
Buildings and structures
Machinery, equipment and vehicles
Tools, furniture and fixtures2

10 - 50 years
2 - 15 years
3 - 20 years

B. Intangible assets (excluding leased assets) and long-term prepaid expenses
The Company and its domestic consolidated subsidiaries use the straight-line method. Software
bundled with a device sold is amortized every fiscal year at no less than an amount equally divided
over the effective period (three years), and software used in-house is amortized using the straightline method over a useful life of five years. Overseas consolidated subsidiaries are subject to thestraight-line method.
C. Leased assets
Leased assets pertaining to finance leases without ownership transfer of the leased assets to thelesseeThe straight-line method is applied on the assumptions that the useful life equals the lease term
and the residual value is zero.
3) Standards for recognition of important reserves
A. Allowance for doubtful accounts
For loss caused by uncollectible debt to the Company and its domestic consolidated subsidiaries,
an allowance for doubtful accounts is provided based on the historical write-off rate for ordinary
receivables and the estimated amount of irrecoverable debt based on the recoverability of
individual cases for specified receivables such as debt with a possibility of default. For overseas
consolidated subsidiaries, the estimated write-off amount is provided.
B. Provision for bonuses
A provision for bonuses is provided based on the estimated future payment of bonuses to
employees.
C. Provision for retirement benefits for directors (and other officers)
Seven consolidated subsidiaries provide the provision in an amount that would be required by theinternal rule if all the eligible Directors retired at the balance sheet date.
4) Method of accounting for retirement benefits
A. Method of attributing expected retirement benefits to periods
In calculating the retirement benefit obligations, the benefit formula basis is used to attribute theexpected retirement benefits to the period up to the end of the current fiscal year.
B. Method of recognizing actuarial gains and losses and past service cost
Actuarial gains and losses are amortized on a straight-line basis over a period equal to or less than
the average remaining service period for employees at the time of each fiscal year in which suchgains and losses are realized (10 years). The amortization of net gains and losses starts from thefiscal year immediately following the year in which such gains and losses are realized.
Past service cost is expensed wholly in the fiscal year in which it is realized.
C. Application of simplified accounting method by small-size enterprises
In calculating the retirement benefit liability (net defined benefit liability) and retirement benefit
expenses, certain consolidated subsidiaries apply a simplified accounting method in which
retirement benefit obligations are determined based on the amount of retirement benefits required
to pay if all eligible employees retired voluntarily at the balance sheet date.
5) Standards for translation of important assets or liabilities in foreign currencies into yen
Monetary assets and liabilities in foreign currencies are translated into yen based on the spot
exchange-rate in the foreign exchange market on the consolidated balance sheet date, and the foreignexchange gains and losses from the translations are recognized in the income statement. Assets andliabilities of overseas consolidated subsidiaries are translated into yen based on the spot exchangerate in the foreign exchange market on the consolidated balance sheet date, while revenue andexpenses are translated into yen based on the average exchange rate for the fiscal term. The
differences resulting from these translations are included in “Foreign currency translation adjustment”
and “Non-controlling interests” under net assets.
6) Accounting for important hedging activities
A. Method
Deferred hedge accounting is applied.

3

Designation is applied to forward exchange contracts that qualify for designation, and designatedexceptional accounting is applied to interest rate swaps that qualify for exceptional accounting.
B. Means for hedging and hedged item
Means for hedging
Hedged item
Interest rate swaps
Long-term borrowings
Forward exchange contracts
Foreign currency receivables (including forecast transactions)
C. Hedging policy
Based on internal rules, hedging is limited to transactions (including forecast transactions) in thescope of practical purposes under the management of the Company’s department in charge offinance, and is undertaken to avoid future risks from fluctuations in interest rates and foreignexchange rates.
D. Method for assessing the effectiveness of hedges
At the start of hedging, the Company assesses the effectiveness of offset in interest rate or foreignexchange rate fluctuation. Then, during the period of hedging, the Company uses thepredetermined assessment method to assess whether the high effectiveness of offset is maintainedat every fiscal year-end. For forward exchange contracts, assessment of the effectiveness of hedges
is omitted as important terms regarding hedged items and means for hedging are the same, andchanges in the cash flow from foreign exchange rate fluctuations are expected to be completely
offset. Assessment of the effectiveness of interest rate swaps subject to designated exceptional
accounting is also omitted.
7) Accounting for consumption taxes
The tax-exclusion method is applied for consumption tax and local consumption tax.
2. Changes in Presentation(1) Consolidated Statement of Income
In the fiscal year ended December 31, 2021, the “income from recycling” that had previously been
included in the “other” category of “non-operating income” exceeded 10% of total non-operating
income, and thus has been presented as a separate item.
(2) Application of the Accounting Standard for Disclosure of Accounting Estimates

The Company started applying Accounting Standard for Disclosure of Accounting Estimates (The
Accounting Standards Board of Japan (ASBJ) Statement No. 31, March 31, 2020) in the current
consolidated fiscal year under review, and listed “Note concerning the accounting estimate” in theNotes to Consolidated Financial Statements.

4

3. Additional Information
With regard to the effects of the spread of novel coronavirus disease (COVID-19), it is currently
difficult to estimate these impacts, but based on external information we assume that the effects of the
spread of COVID-19 will continue for the certain period of the fiscal year ending December 31, 2022,
on which basis we have created accounting estimates related to such matters as judgments on
impairment losses for non-current assets, and the recoverability of deferred tax assets.
However, this assumption is highly uncertain, and future results may differ from these estimates andassumptions.
4. Notes on accounting estimates
Impairment loss on fixed assets(1) Amount recorded on Consolidated Financial Statements for the fiscal year under review
Property, plant and equipment
22,770 million yen
Intangible assets
1,889 million yen(2) Information on the details of significant accounting estimates for recognized items
1) Calculation method

The Company Group sets a business unit and each company as a grouping unit for the Company
and its consolidated subsidiaries, respectively, and determines whether there is any sign ofimpairment for each asset group. When we find a sign of impairment, we estimate undiscounted
future cash flow generated with the asset group, and compare it with the book value to judge if it
is necessary to recognize an impairment loss.
In the fiscal year ended December 31, 2021, signs of impairment in some asset groups of the Sewing
Machinery and Systems Business, which has been successively generating operating losses, wasidentified; however, since the amount of the undiscounted future cash flows exceeded the carrying
amount, impairment loss was not recorded.
2) Major assumptions
The undiscounted future cash flows are estimated based on the Medium-Term Management Plan, etc.,
which factors in significant accounting estimates involving significant judgments and uncertainties
such as a certain assumption about the convergence of the spread of COVID-19 and a recovery indemand.
3) Impact on the consolidated financial statements for the following fiscal year
The estimates may be affected by the timing of the convergence of the COVID-19 pandemic andchanging, uncertain economic conditions. If future business performance, etc., deviate from theestimates, it may affect the valuation of fixed assets and significantly impact the consolidated
financial statements for the following fiscal year.

55. Notes to Consolidated Balance Sheet(1) Assets offered as collateral and collateralized loans(Assets offered as collateral)
Buildings and structures

3,004 million yen

Machinery, equipment and vehicles

362 million yen

Land2,399 million yen

Intangible assets

141 million yen

Investment securities

1,432 million yen

Total

7,340 million yenof which assets offered as foundation mortgage

4,651 million yen(Collateralized loans)
Short-term borrowings

25,937 million yen

Long-term borrowings

15,087 million yen

Total

41,024 million yenof which loans collateralized as foundation mortgage

39,762 million yen(2) Accumulated depreciation of property, plant and equipment
47,214 million yen
The accumulated impairment loss is included in the accumulated depreciation.
6.

Notes to Consolidated Statement of Changes in Equity(1) Type and total number of issued shares as of this fiscal year-end
Common shares
29,874,179 shares(2) Dividends
1) Dividends paid
Resolution

Type ofstock

Source ofdividend

Total
dividends(million yen)

Dividend
per share(yen)

Recorddate

Effective
date

Ordinary General
Meeting of
Shareholders on
March 25, 2021

CommonsharesRetainedearnings

585

20.00

December31, 2020

March 26,2021

2) Dividends whose record date is during this fiscal year but whose effective date is after the end of thisfiscal year
The following dividend for common shares will be proposed for approval at the Ordinary General
Meeting of Shareholders to be held on March 28, 2022.
Total
Dividend
Proposal for
Type of
Source ofRecordEffective
dividends
per share
Resolution
stock
dividenddate
date(million yen)(yen)
Ordinary General
Meeting ofCommonRetained
December
March 29,732
25.00
Shareholders on
sharesearnings
31, 2021
2022
March 28, 2022

6

7. Notes on Financial Instruments(1) Status of financial instruments
The Group procures necessary funds mainly by borrowing from financial institutions based on thecapital investment plan. A temporary surplus fund is invested in financial assets that are highly secure.
For customer credit risk concerning trade receivables (notes and accounts receivable - trade), write-offrisk is kept lower by the division in charge according to the credit control rules. Investment securities
are mainly stocks and the market value of listed stocks is checked quarterly.
Borrowed money is used for working funds (mainly short-term) and capital investment funds (longterm). Interest-swap contracts are used against the interest fluctuation risk of some long-termborrowings, in order to fix the amount of interest expenses. Derivative transactions (related to foreignexchange and interest rate) are conducted only in the scope of practical purposes according to theinternal control rules.
(2) Fair value of financial instruments
The amounts posted on the consolidated balance sheet, fair values, and differences thereof as ofDecember 31, 2021 (consolidated balance sheet date for this fiscal year) are as follows:
Financial instruments whose fair value is deemed to be difficult to identify are not included.
(million yen)
Consolidatedbalance sheet
amount (*1)

Fair value (*1)

(1) Cash and deposits

6,594

6,594

–

(2) Notes and accounts receivable - trade(*2)

33,78033,780

–

1,890

1,890

–

(4) Notes and accounts payable - trade[13,917][13,917]–(5) Short-term borrowings (*3)

[28,318][28,318]–(6) Long-term borrowings (*3)[29,354][29,400]

45(3) Investment securities
Available-for-sale securities

Difference(7) Derivative transactionsof which hedge accounting is not
[798]
[798]
applied(*1) Amounts for which the net total is payable are shown in [ ].
(*2) Allowance for doubtful accounts on notes and accounts receivable - trade is deducted.
(*3) Current portion of long-term borrowings, an item included in short-term borrowings in the
consolidated balance sheet, is included in long-term borrowings here.

–

Note 1: Method for calculating the fair value of financial instruments(1) Cash and deposits, and (2) Notes and accounts receivable - trade:
Since the settlement periods for the foregoing are short, the fair values thereof are almost equal tothe carrying amount. Therefore, the corresponding carrying amount is used as the fair value.
(3) Investment securities
The going share price on the exchange is used as the fair value.
(4) Notes and accounts payable - trade and (5) Short-term borrowings:
Since the settlement periods for the foregoing are short, the fair values thereof are almost equal tothe carrying amount. Therefore, the corresponding carrying amount is used as the fair value.
(6) Long-term borrowings
The fair value of long-term borrowings is calculated by discounting the sum of principal andinterest by an interest rate assumed in cases where similar borrowing is to be newly conducted. The
fair value of long-term borrowings with variable interest rates to which special treatment of interest
rate swaps is applied (see (7) below) is calculated by discounting the sum of principal and interest,7

which is treated in combination with the said interest rate swaps, at a reasonably estimated rateapplied to a similar new borrowing.
(7) Derivative transactions
The fair value of derivative transactions is calculated based on the prices submitted by financial
institutions.
The fair value of interest rate swaps to which special treatment is applied is included in the fairvalue of the hedged long-term borrowings, because these transactions are treated in combination
with the said long-term borrowings (see (6) above).
Note 2: Non-listed stocks (1,940 million yen included in the consolidated balance sheet) are not included in“(3) Investment securities, Available-for-sale securities” as the identification of the fair values isdeemed to be extremely difficult because of the absence of market values and the inability toestimate future cash flows.
8. Notes on Per Share Information(1) Net assets per share(2) Basic profit per share

1,203.14 yen
73.55 yen8

Notes to Non-consolidated Financial Statements
1. Notes on Significant Accounting Policies(1) Standards and methods for valuation of assets
1) Securities
Shares of subsidiaries and associates
Stated at cost using the moving-average method
Available-for-sale securities with market quotations
Stated based on the market price, etc. on the balance sheet date
(Unrealized gains and losses are excluded from income and reported in a separate component of
net assets. The cost of sales is calculated using the moving-average method.)
Available-for-sale securities without market quotations
Stated at cost using the moving-average method
2) Derivatives
Stated mainly at market
3) Inventories
Stated at the lower of cost
Merchandise and finished goods and work in process
Raw materials and supplies

Using the average method
Using the last cost method(2) Depreciation & amortization method for non-current assets
1) Property, plant and equipment (excluding leased assets)
The declining-balance method is applied. However, the straight-line method is applied for buildings
acquired on and after April 1, 1998 (excluding any facilities attached to buildings) and facilities
attached to buildings and structures acquired on and after April 1, 2016.
The main economic useful lives are as follows:
Buildings
10 - 50 years
Structures

10 - 50 years

Machinery, equipment and vehicles

2 - 15 years

Tools, furniture and fixtures

3 - 20 years

2) Intangible assets (excluding leased assets) and long-term prepaid expenses
The straight-line method is applied. Software bundled with a device sold is amortized every fiscal
year at no less than an amount equally divided over the effective period (three years), and software
used in-house is amortized using the straight-line method over a useful life of five years.
3) Leased assets
Leased assets pertaining to finance leases without ownership transfer of the leased assets to the lessee
The straight-line method is applied on the assumptions that the useful life equals the lease term andthe residual value is zero.
(3) Standards for recognition of reserves
1) Allowance for doubtful accounts
For loss caused by uncollectible debt, an allowance for doubtful accounts is provided based on thehistorical write-off rate for ordinary receivables and the estimated amount of irrecoverable debt basedon the recoverability of individual cases for specified receivables such as debt with a possibility ofdefault.
2) Provision for retirement benefits
A provision for retirement benefits is provided based on the estimated retirement benefit obligationand plan assets as of this fiscal year-end.
A. Method of attributing expected retirement benefits to periods
In calculating the retirement benefit obligations, the benefit formula basis is used to attribute theexpected retirement benefits to the period up to the end of the current fiscal year.
9B. Method of recognizing actuarial gains and losses and past service cost
Actuarial gains and losses are amortized on a straight-line basis over a period equal to or less than
the average remaining service period for employees at the time such gains and losses are realized(10 years). The amortization of net gains and losses starts from the fiscal year immediately
following the year in which such gains and losses are realized.
Past service cost is expensed wholly in the fiscal year in which it is realized.
(4) Other significant basic matters for the preparation of financial statements
1) Standards for translation of assets and liabilities in foreign currencies into yen
Monetary assets and liabilities in foreign currencies are translated into yen based on the spot
exchange-rate in the foreign exchange market on the balance sheet date, and the foreign exchange
gains and losses from the translations are recognized in the income statement.
2) Accounting for hedging activities
A. Method
Deferred hedge accounting is applied.
Designation is applied to forward exchange contracts that qualify for designation, and designatedexceptional accounting is applied to interest rate swaps that qualify for exceptional accounting.
B. Means for hedging and hedged item
Means for hedging
Hedged item
Interest rate swaps
Long-term borrowings
Forward exchange contracts
Foreign currency receivables (including forecast transactions)
C. Hedging policy
Based on internal rules, hedging is limited to transactions (including forecast transactions) in thescope of practical purposes under the management of the department in charge of finance, and isundertaken to avoid future risks from fluctuations in interest rates and foreign exchange rates.
D. Method for assessing the effectiveness of hedges
At the start of hedging, the Company assesses the effectiveness of offset in interest rate or foreignexchange rate fluctuation. Then, during the period of hedging, the Company uses thepredetermined assessment method to assess whether the high effectiveness of offset is maintainedat every fiscal year-end. For forward exchange contracts, assessment of the effectiveness of hedges
is omitted as important terms regarding hedged items and means for hedging are the same, andchanges in the cash flow from foreign exchange rate fluctuations are expected to be completely
offset. Assessment of the effectiveness of interest rate swaps subject to designated exceptional
accounting is also omitted.
3) Method of accounting for retirement benefits
The accounting methods for unrecognized actuarial gains and losses relating to retirement benefits
are different from the accounting methods in the consolidated financial statements.
4) Accounting for consumption taxes
The tax-exclusion method is applied for consumption tax and local consumption tax.
2. Changes in Presentation(1) Non-consolidated Statement of Income

From the current fiscal year, we started including “subsidy income,” which had been presented as aseparate item under “non-operating income” in the previous fiscal year, in the “other” category
since it has become less significant. “Subsidy income” included in “other” under “non-operating
income” is 88 million yen.
(2) Application of the Accounting Standard for Disclosure of Accounting Estimates

The Company started applying Accounting Standard for Disclosure of Accounting Estimates (The
Accounting Standards Board of Japan (ASBJ) Statement No. 31, March 31, 2020) in the current
consolidated fiscal year under review, and listed “Note concerning the accounting estimate” in theNotes to Non-consolidated Financial Statements.

10

3. Additional Information
With regard to the effects of the spread of COVID-19, it is currently difficult to estimate these impacts,
but based on external information we assume that the effects of the spread of COVID-19 will continue
for the certain period of the fiscal year ending December 31, 2022, on which basis we have createdaccounting estimates related to such matters as judgments on impairment losses for non-current assets,
and the recoverability of deferred tax assets.
However, this assumption is highly uncertain, and future results may differ from these estimates andassumptions.
4. Notes to accounting estimates
Recoverability of deferred tax assets(1) Amount recorded on Non-consolidated Financial Statements for the fiscal year under review
Deferred tax assets (net)
1,113 million yen(The gross amount before offsetting against deferred tax liabilities is 1,284 million yen.)(2) Information on the details of the significant accounting estimates for identified items
1) Calculation method
Future taxable income is estimated based on deductible temporary difference and the carryforward ofunused tax losses, and the recoverable amount of deferred tax assets is calculated within a scope
deemed to have the effect of reducing future tax payable.
2) Major assumptions
An important assumption about the recoverability of deferred tax assets is the estimate of taxable
income based on the Medium-Term Management Plan, etc., formulated based on a certain assumption
about the convergence of the spread of COVID-19 and a recovery in demand etc.
3) Impact on Non-consolidated Financial Statements for the following fiscal year
The estimates may be affected by the timing of the convergence of the COVID-19 pandemic andchanging, uncertain economic conditions. When actual profit earned, a period in which taxable
income incurs, and taxable income amounts differ from the estimates, it may significantly impact theamount of deferred tax assets in the non-consolidated financial statements for the following fiscal
year.

11

5. Notes to Non-consolidated Balance Sheet(1) Assets offered as collateral and collateralized loans(Assets offered as collateral)
Buildings, net

426 million yen

Structures, net

10 million yen

Machinery and equipment, net

0 million yen

Land

637 million yen

Investment securities

1,432 million yen

Total

2,507 million yenof which assets offered as foundation mortgage

1,074 million yen(Collateralized loans)
Short-term borrowings

20,755 million yen

Long-term borrowings

12,788 million yen

Total

33,543 million yenof which loans collateralized as foundation mortgage

33,543 million yen(2) Accumulated depreciation of property, plant and equipment

17,866 million yen(3) Guarantee liability
The Company provides guarantees on borrowings from financial institutions by other companies.
JUKI SINGAPORE PTE. LTD.

2,530 million yen

JUKI CENTRAL EUROPE SP. ZO.O.

2,435 million yen

JUKI (VIETNAM) CO., LTD.

1,489 million yen

JUKI (CHINA) CO., LTD.

1,354 million yen

JUKI (HONG KONG) LIMITED

0 million yen

Total

7,810 million yen(4) Monetary receivables from and payables to subsidiaries and associates (excluding accounting
items presented separately)
Short-term monetary receivables
40,401 million yen
Short-term monetary payables

19,740 million yen

6. Notes to Non-consolidated Statement of Income
Transactions with subsidiaries and associates (excluding accounting items presented separately)
Net sales
46,282 million yen
Purchase

31,739 million yen

Other operating transactions

2,677 million yen

Transactions other than operating transactions

3,265 million yen

7. Notes to Non-consolidated Statement of Changes in Equity
Type and number of treasury shares as of this fiscal year-end
Common shares
579,433 shares

128. Notes on Tax Effect Accounting
Major causes for accrual of deferred tax assets and deferred tax liabilities(million yen)
Deferred tax assets
Enterprise tax payable

30

Provision for retirement benefits

841

Allowance for doubtful accounts

590

Impairment loss

62

Loss on valuation of inventories

103

Loss on valuation of shares of subsidiaries and associates
Loss on valuation of investments in capital of subsidiaries and associates
Loss brought forward

2,317
248
1,350

Other

970

Total

6,515

Valuation allowance(5,231)

Total deferred tax assets

1,284

Offset to deferred tax liabilities(170)

Net deferred tax assets

1,113

Deferred tax liabilities:
Valuation difference on available-for-sale securities
Total deferred tax liabilities

170
170

Offset to deferred tax assets(170)

Net deferred tax liabilities–

139. Notes on Transactions with Related Parties
Subsidiaries and associates

Category

Company name

Ownership ofRelationshipvoting rights, etc.
Transaction
with the(Ownership
details
related parties
percentage)

JUKI SINGAPORE Direct ownership
PTE. LTD.
100.0%JUKI (CHINA)
CO., LTD.

JUKI
AUTOMATIONSYSTEMSCORPORATIONJUKI CENTRALEUROPE SP.
Subsidiaries ZO.O.

JUKI (HONG
KONG) LTD.

SHANGHAI JUKI
SEWING
MACHINE CO.,LTD.

Direct ownership
100.0%

Direct ownership
91.8%

Direct ownership
100.0%

Direct ownership
100.0%

Fiscal yearend balance
Account item
(millionyen)
Accounts
receivable trade

Sales andmaintenanceof theCompany’s
products

Sales ofproducts

18,260Debt
guarantee

2,530

Sales andmaintenanceof theCompany’s
products

Sales ofproducts

3,463

Debt
guarantee

1,354

–

–

Purchase of
products–(*)

Accounts
payable - other

13,785

Provision of
loan

3,620

Short-term loans
receivable

7,000

Recovery of
funds

3,000

–

–

Receipt ofinterest

78––

Trademarkfee income,
etc.

407

Accrued income

185

Sales ofproducts

7,047

Accounts
receivable trade

2,354

Debt
guarantee

2,435

Borrowing of
fund

1,806

Repayment of
fund

2,109

–

–

Payment ofinterest

9

–

–

4,176

Accounts
payable - trade

557

1,863

Accounts
receivable trade735

Accounts
receivable other

6,406

Long-term
accounts
receivable fromsubsidiaries andassociates other83

Sales andmaintenanceof theCompany’s
products

Sales andmaintenanceof theCompany’s
products
Sales andmaintenanceof theCompany’s
products

Direct ownership Manufacture
72.3%
of thePurchase of
Indirect ownership Company’s products
27.7%
products

Sales and
Direct ownershipmaintenance
JUKI INDIA PVT. 94.6%
Sales ofof theLTD.
Indirect ownershipproducts
Company’s
5.4%
products

TOKYO JUKI
INTERNATIONAL
Direct ownership
TRADING
100.0%(SHANGHAI) CO.,LTD.

Transaction
amounts(million yen)

Receivables or payables ontransactions

Sales andmaintenance
Sales ofof theproducts
Company’s
products

14

–
(*)

–
Accounts
receivable trade–
Short-termborrowings

12,300
–
696

–
575

Category

Company name

JUKI
AUTOMATIONSYSTEMS INC.

Ownership ofRelationshipvoting rights, etc.
Transaction
with the(Ownership
details
related parties
percentage)

Sales andmaintenanceIndirect ownership
Sales ofof the100.0%
products
Company’s
products

Transaction
amounts(million yen)–(*)

Receivables or payables ontransactions
Fiscal yearend balance
Account item
(millionyen)
Accounts
receivable other626

Long-term
accounts
receivable fromsubsidiaries andassociates other38

Accounts
receivable other

1,021

Long-term
accounts
receivable fromsubsidiaries andassociates other

1,401

JUKI
Direct ownership
AUTOMATION
100.0%SYSTEMS GMBH

Sales andmaintenance
Sales ofof theproducts
Company’s
products

–
(*)

JUKI
INDUSTRIAL
EQUIPMENTTECHNOLOGYCORPORATION

Manufactureof theReceipt ofCompany’s collateral
products(Note 3)––

12,838

Accounts
payable - trade

2,797

634

Accrued income

203

8,654

Accounts
receivable trade

2,495

Purchase of
products

7,762

Accounts
payable - trade

841

Provision of
loan

1,805

Short-term loans
receivable

1,840

Recovery of
funds

1,000

–

–

Receipt ofinterest

16

–

–

Debt
guarantee

1,489

–

–

Direct ownership
100.0%

Purchase of
JUKI
Direct ownership Manufacture products(SHANGHAI)
21.3%
of theINDUSTRIAL CO., Indirect ownership Company’s Technicaladvisory fee
LTD.
78.7%
products
income, etc.
Subsidiaries
JUKI AMERICA,
INC.

Direct ownership
100.0%JUKI (VIETNAM) Direct ownershipCO., LTD.
100.0%JUKI SMT ASIA
CO., LTD.

JUKI SALES(JAPAN)CORPORATION

Direct ownership
100.0%

Direct ownership
100.0%

Sales andmaintenance
Sales ofof theproducts
Company’s
products

Manufactureof theCompany’s
products

Sales andmaintenance
Sales ofof theproducts
Company’s
products–(*)

Sales andmaintenance
Sales ofof theproducts
Company’s
products

3,628

15

Accounts
receivable other83

Long-term
accounts
receivable fromsubsidiaries andassociates other

1,082

Accounts
receivable trade

1,412Terms for transactions and policies to decide them:(Notes) 1. Terms for sales and purchases are decided in consideration of factors such as market prices.
2. Loan rates are reasonably decided in consideration of market interest rates and the financial
status of borrowers.
3. Real estate owned by JUKI INDUSTRIAL EQUIPMENT TECHNOLOGY CORPORATION
has been received as collateral against the Company’s borrowings from financial institutions(revolving mortgage at a maximum 2,000 million yen). No fees connected with collateralpledging have been paid.
4. Technical advisory fee income etc. are decided in consideration of factors such as market prices.
5. Debt guarantee for JUKI SINGAPORE PTE. LTD., JUKI (CHINA) CO., LTD., JUKI
CENTRAL EUROPE SP. ZO.O. and JUKI (VIETNAM) CO., LTD. is provided with regard toborrowing from banks. A fixed debt guarantee charge has been received.
6. 1,905 million yen in allowance for doubtful accounts has been recorded regarding claims tolong-term accounts receivable from subsidiaries and associates - other with a possibility ofdefault above. In relation to this allowance, a total of 190 million yen of provision of allowancefor doubtful accounts has been recorded in the current fiscal year.
7. Transaction amounts do not include consumption taxes. The fiscal year-end balance includes
consumption taxes.
(*) Because the Company has been carrying out sales transactions as the agent of JUKI
AUTOMATION SYSTEMS CORPORATION in the Electronic Assembly Systems Businesssince August 1, 2013, the amounts in the non-consolidated statement of income are presented
with the balance of the said sales transactions offset against the balance of purchasetransactions.
The balance of sales to TOKYO JUKI INTERNATIONAL TRADING (SHANGHAI) CO.,LTD. is 13,825 million yen, the balance of sales to JUKI AUTOMATION SYSTEMS INC. is1,257 million yen, the balance of sales to JUKI AUTOMATION SYSTEMS GMBH is 1,142
million yen, the balance of sales to JUKI SMT ASIA CO., LTD. is 124 million yen, and thebalance of purchases from JUKI AUTOMATION SYSTEMS CORPORATION is 19,990
million yen.
10. Notes on Per Share Information(1) Net assets per share(2) Basic profit per share

956.12 yen
15.24 yen

16