Tokyo Electron Device Limited

Consolidated Statements of Income
Years ended March 31, 2012 and 2011

Millions ofThousands ofYen

U.S.dollars

FY2012FY2011FY2012

91,315$ 1,050,009

70,94575,147863,194

15,354

16,168186,815

13,342

13,422

162,341

2,011

2,745

24,474

Interest expenses

(28)

(33)

(353)

Asset finance costs

(32)

(32)

(392)

Foreign currency gain or loss

84

235

1,030

Gain on bad debts recovered216

Net sales\Cost of sales
Gross profit
Selling,general and administrative expenses
Operating income

86,300\Other income(expenses)-2,630

Reversal of allowance for doubtful accounts-48-

Gain on sales of investment securities

-

70

-

(11)

(41)

(135)

-

(42)

-

Loss on cancellation of leasehold contracts

-

(32)

-

Loss on disaster

-

(30)

-

Loss on retirement of noncurrent assets
Loss on adjustment for changes of accounting
standard for asset retirement obligations

Other,net

71

19870

2,311

2,907

28,124Current

1,129

1,126

13,743

Deferred

221

(137)

2,691

Income before minority interests

960

1,918

11,690Net income

960

1,918

11,690

Income before income taxes

Income taxes

Per share of common stock:

Yen

Yen

U.S.dollars

Net income\9,064\18,096$110

Cash dividends paid

\6,600\6,600

$

80

Note:

U.S.dollar amounts are translated from yen,for convenience only,at the rate of \82.19 to U.S.$1.00.
The amounts are rounded off to the nearest million yen.

Tokyo Electron Device Limited

Consolidated Statements of Comprehensive Income
Years ended March 31, 2012 and 2011

Millions ofThousands ofYen

U.S.dollars

FY2012FY2011FY2012960

1,918

11,690

Deferred gains or losses on hedges(66)

37(815)Translation adjustments

(1)

(63)

(14)

Total other comprehensive income

(68)

(25)

(829)

892

1,892

10,861

Income before minority interests
Other comprehensive income

Comprehensive income

Note:

U.S.dollar amounts are translated from yen,for convenience only,at the rate of \82.19 to U.S.$1.00.
The amounts are rounded off to the nearest million yen.

Tokyo Electron Device Limited

Consolidated Balance Sheet
Years ended March 31, 2012 and 2011

AssetsMillions ofThousands ofYen
Mar 312012

Mar 31
2011

U.S. dollars
Mar 312012

Current assets:
Cash and deposits\1,264\1,373$

15,390Notes and accounts receivable - Trade

20,43421,025

248,625

Merchandise and finished goods

16,59019,247

201,851

Other current assets

3,623

3,756

44,089Allowance for doubtful accounts

(142)

(151)

(1,738)41,91345,251

509,955

Software

423

384

5,150

Investment securities

1818

219

Deferred tax assets

1,915

2,005

23,302Intangible and other assets

1,009

1,126

12,286

Total investments and other assets

3,366

3,534

40,957

Buildings

1,559

1,528

18,972

Machinery and equipment

1,625

1,549

19,779Lease assets

2828350

Construction in progress

1720

Total property,plant and equipment

3,215

3,114

39,121

Less:accumulated depreciation

1,960

1,644

23,858Net property,plant and equipment

1,254

1,469

15,263

46,53350,254566,175

Total current assets

Investments and other assets:

Property,plant and equipment:

Total assets

Note:

U.S.dollar amounts are translated from yen,for convenience only,at the rate of \82.19 to U.S.$1.00.
The amounts are rounded off to the nearest million yen.

Liabilities

Millions ofand Net assets

Thousands ofYen
Mar 312012

Mar 31
2011

U.S. dollars
Mar 312012

Current liabilities:
Short-term borrowings
Accounts payable - Trade\4,402

\

7,996

$

53,568

5,915

7,360

71,977

Income taxes payable

606

463

7,377

Provision for employees' bonuses

841

1,052

10,240

Advances received

2,932

2,523

35,682Other current liabilities

2,186

1,884

26,608

Total current liabilities

16,886

21,280205,452

5,487

5,141

66,771

155

128

1,886

Other noncurrent liabilities

480

482

5,841

Total noncurrent liabilities

6,122

5,753

74,498

Common stock,no par value
Authorized : 256,000 shares at March 31,2012 & 2011
Issued : 106,000 shares at March 31,2012 & 2011

2,495

2,495

30,366

Capital surplus

5,645

5,645

68,685Retained earnings

15,467

15,238188,195

(226)

(158)

(2,759)Total net assets

23,381

23,220284,487

Total liabilities and net assets

46,39150,254564,437

Long-term liabilities:
Provision for retirement and severance benefits
for employees'
Provision for retirement and severance benefits
for directors

Net assets:
Shareholders' equity

Accumulated other comprehensive incomeNote:

U.S.dollar amounts are translated from yen,for convenience only,at the rate of \82.19 to U.S.$1.00.

The amounts are rounded off to the nearest million yen.

Tokyo Electron Device Limited

Consolidated Statements of Changes in net assets
Years ended March 31, 2012 and 2011

Millions of yen

Accumulated
other comprehensive income

Shareholders' equity

Commonstock

CapitalsurplusDeferredgains orlosses onhedgesRetainedearnings

Total net
assetsTranslation
adjustment

Balance 4/1/10¥2,495¥5,645¥13,903

¥(67)

¥(65)

¥21,911

Cash dividends--(583)--(583)--

1,918--

1,918--

37(63)(25)¥15,238¥(29)¥(128)¥23,220

Net income
Other,net-

Balance 4/1/11¥2,495¥5,645

Cash dividends
--

(731)

--(731)

--

960

--

960

-

-

(66)

(1)

(68)

¥(96)

¥(130)¥23,381Net income
Other,net-

Balance 3/31/12¥2,495¥5,645¥15,467

Thousands of U.S.dollars

Accumulated
other comprehensive income

Shareholders' equity

Commonstock

CapitalsurplusDeferred
gains orlosses onhedgesRetainedearnings

Total Net
assetsTranslation
adjustment

Balance 4/1/11$30,366$68,685$185,404$(361)$(1,569)$282,525

Cash dividends--(8,899)--(8,899)--

11,690--11,690--0(815)

(14)

(829)

$188,195$(1,176)$(1,583)$284,487

Net income
Other,net
Balance 3/31/12
Note:$30,366$68,685

U.S.dollar amounts are translated from yen,for convenience only,at the rate of \82.19 to U.S.$1.00.
The amounts are rounded off to the nearest million yen.

Tokyo Electron Device Limited

Consolidated Statements of Cash Flows
Years ended March 31, 2012 and 2011Millions ofYen
FY2012Thousands ofU.S.dollars
FY2011FY2012

Cash flow from operating activities:
Income before income taxes\2,311\2,907$28,124

Depreciation

593

469

7,218

Increase(decrease) in provision for retirement and severance benefits

346

426

4,210

Increase(decrease) in provision for employees' bonuses

(210)

197

(2,567)

Interest expenses

2833353

Increase(decrease) in trade notes and accounts receivable589(259)

7,170

Increase(decrease) in inventories

2,638(3,809)

32,099

Increase(decrease) in accounts payable(1,421)

257(17,297)

Others

736

(285)

8,964

Subtotal

5,611

(62)

68,2744057

Interest paid

(28)

(33)

(352)

Income taxes paid

(984)

(1,781)(11,978)

Net cash provided by(used by)operating activities

4,602(1,877)56,001

Payment for purchase of property,plant and equipment

(240)

(501)

(2,922)

Payment for acquisition of intangible assets

(185)

(112)

(2,260)

42

(63)

513

(383)

(676)

(4,669)(3,592)

2,910(43,711)

(731)

(583)

(8,899)

(6)

(5)

(75)

(4,330)2,321(52,685)2(15)35(108)(248)(1,318)Cash and cash equivalents at beginning of year

1,373

1,621

16,708Cash and cash equivalents at end of year

1,264

1,373

15,390Receipts from interest and dividends

Cash flow from investing activities:

OthersNet cash used in investment activities
Cash flow from financing activities:
Increase(decrease) in short-term borrowings
Dividends paid
OthersNet cash provided by financing activities
Effect of exchange rate changes on cash and cash equivalents
Net increase(decrease)in cash and cash equivalents

Note: U.S.dollar amounts are translated from yen,for convenience only,at the rate of \82.19 to U.S.$1.00.
The amounts are rounded off to the nearest million yen.