Translation
Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any
discrepancy between this translated document and the original Japanese document, the latter shall prevail.

June 23, 2016
Company Name:
Representative:

Contact:

TOSHIBA TEC CORPORATION
Takayuki Ikeda
President and CEO(Securities Code: 6588;
Stock Exchange: Tokyo First Section)
Takashi Mizuno
Senior Manager ofCorporate Communications Division
Tel: +81-3-6830-9151(Corrections / Corrections of Numerical Data) Notice Regarding Partial Corrections of “Summary of Consolidated
Financial Results for the Year Ended March 31, 2016 (Based on Japanese GAAP)”TOSHIBA TEC CORPORATION hereby announces that it has made corrections to the above-mentioned disclosure material
released on May 20, 2016. As numerical data has also been corrected, the corrected numerical data is also hereby
disseminated.
TOSHIBA TEC’s financial results were released on May 20 given the paramount importance the company places on thetimeliness of releasing such information, even though at the time TOSHIBA TEC had yet to receive the auditor’s reports
with respect to either the financial statements and supplementary schedules, or the consolidated financial statements for the
fiscal year ended March 31, 2016. At that time, we deemed there to be a low possibility of any need for material corrections,and greatly regret that we have since had to make corrections for the reasons stated below. We wish to express our sincere
apologies to our shareholders, investors and all other stakeholders for any inconveniences or concerns this may cause.
1. Reason for Corrections
Our overseas retail business (global commerce solutions business) comprises 36 companies worldwide and is centered on
the U.S.-based company Toshiba Global Commerce Solutions (the “TGCS Group”). The overseas retail business came into
existence upon transfer of business operations of respective preliminary companies that had been established by TOSHIBA
TEC, after having acquired POS business operations from among global locations of International Business Machines
Corporation (“IBM”; the transferee of the overseas retail business). Because the TGCS Group is managed as a single
business entity on a worldwide basis (“Global One Management”), account settlement thereof is performed in conjunction
with the Global One Management framework. The TGCS Group previously had services performed by IBM, and used
IBM’s IT systems related to accounting, on the basis of a Transfer Service Agreement spanning a three-year period startingfrom its establishment in August 2012 (the contract stipulates TGCS’s receipt of indirect services from IBM for a certain
period of time subsequent to the transfer of business operations). However, the TGCS Group faced a series of operational
and account settlement issues upon having shifted over to use of TGCS’s own in-house system. Consequently, financial
settlement fell substantially behind schedule for the fiscal year ended March 31, 2016, which is the first fiscal year for which
accounting was handled using the in-house system for the entire year.
Amid that situation, we made corrections to our earnings figures upon having discovered that corrections were warrantedwith respect to settlement procedures underway at the time, despite having already released our financial results on May 20.
Primary details of corrections and major reasons thereof are as follows.

(１)Consolidated results
The TGCS Group has made corrections with respect to the following items (i) to (iv).
(i) Correction of errors relating to accounts payable-trade and accounts payable-other
Overstated and duplicate entries were discovered in the process of performing additional verification withrespect to accounts payable-trade and accounts payable-other, thereby leading to corrections of errors
involving cost of sales, selling, general and administrative expenses, and non-operating expenses. As a resultof the corrections, operating income and profit before income taxes have been upwardly revised by ¥1,241
million and ¥1,227 million, respectively.
These errors were a result of having overstated accounts payable-trade and accounts payable-other, as aconsequence of operational issues arising after adopting the new system for accounting operations. Morespecifically, this included errors involving some journal entries that were posted from the order placement
system but not attributed to the correct accounting period, and errors involving some instances where manualjournal entries were recorded more than once.
(ii)

Correction of errors relating to sales
We performed additional verification with respect to the recording of sales, and accordingly corrected errors
in net sales and cost of sales. As a result of the corrections, net sales have been upwardly revised by ¥696
million, and operating income and profit before income taxes have been upwardly revised by ¥609 million.
These errors were a consequence of issues that occurred in March 2016 with respect to our accounting system
for recognizing sales, involving a situation where journal entries from the new system failed to properly issue
record slips. Meanwhile, we attempted to make manual corrections, but certain issues such as those involving
failure to recognize sales arose.

(iii) Correction of errors relating to inventory valuation amounts
Although best estimates were used with respect to inventory values reported in the release of our financial
results on May 20, we have since corrected inventory evaluation amounts upon performing the process ofmaking final determinations in that regard. As a result of the corrections, operating income and profit before
income taxes have been upwardly revised by ¥232 million.
The TGCS Group concludes contracts with manufacturing and supply subcontractors which entail agreement
to bear responsibility for taking back with respect to inventory whose value exceeds a contracted amount overa certain period of time. Although inventories entailing obligations to take back in accordance with suchcontracts have been accounted for as inventory assets, valuations of such inventories have been in error, andaccordingly we have corrected such figures upon recalculating such amounts.
(iv) Recalculation of tax amounts
The amount posted for income taxes has been increased by ¥22 million as a result of recalculating tax
amounts in accordance with the changes in profit before income taxes with respect to the aforementioned
items (i) to (iii).
(２) Non-consolidated results
In accordance with corrections made with respect to the TGCS Group, corrections have been made to the provisionof allowance for doubtful accounts involving claims to the TGCS Group (accounts receivable-other, short-termloans receivable and long-term accounts receivable-other). As a result of these corrections, profit before income
taxes and profit have been upwardly revised by ¥1,834 million.
The change in the provision of allowance for doubtful accounts in accordance with the aforementioned corrections
is eliminated in consolidated accounts settlement, and accordingly has no effect on the consolidated statements ofincome.
(３) Effect of corrections on the parent company, Toshiba Corporation
We find that these corrections do not affect Toshiba Corporation’s consolidated financial results for the fiscal year
ended March 31, 2016, from the viewpoint of materiality with respect to Toshiba Corporation’s settlement ofconsolidated accounts.

2. Details of Corrections(1) Summary of Consolidated Financial Results
The locations of corrections are shown by the underlined parts in these documents.
i) Consolidated financial results for the year ended March 31, 2016
(Before Corrections)(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the year ended March 31, 2016 (from April 1, 2015 to March 31, 2016)(1) Consolidated operating results
Percentages indicate year-on-year changes
Profit attributable to
Net sales
Operating income
Ordinary income
owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
Year ended March 31, 2016
532,1211.4(481)–(4,366)–(105,494)–
Year ended March 31, 2015
524,577
5.1
17,062(31.2)
10,391 (50.3)(1,149)–Note: Comprehensive income Year ended March 31, 2016:(113,817) million yen[–%]
Year ended March 31, 2015:
17,726 million yen[26.0%]
Profit attributable toOrdinary
Operatingowners ofincome/total assets
income/net sales
parent/equity
Yen
Yen
%
%
%
Year ended March 31, 2016(384.13)–(93.1)(1.3)(0.1)
Year ended March 31, 2015
(4.18)
–
(0.7)
2.6
3.3
Reference: Share of (profit) loss of entities accounted for using equity method: Year ended March 31, 2016: – million yen
Year ended March 31, 2015: – million yen
Earnings per share

Diluted earnings per
share(2) Consolidated financial position
Total assets
As of March 31, 2016
As of March 31, 2015
Reference: Equity

Net assets

Millions of yen
Millions of yen
281,447
68,435
416,769
203,108
As of March 31, 2016: 55,457 million yen
As of March 31, 2015: 171,163 million yen

Equity ratio

Net assets per share
%
19.7
41.1

Yen
201.92623.35(3) Consolidated cash flows

Year ended March 31, 2016
Year ended March 31, 2015

Cash flows fromoperating activities
Millions of yen
4,567
22,952

Cash flows frominvesting activities
Millions of yen(9,789)(14,772)

Cash flows from
Cash and cash equivalents
at end of period
financing activities
Millions of yen
Millions of yen(23,941)
22,660(5,040)54,964(After Corrections)(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the year ended March 31, 2016 (from April 1, 2015 to March 31, 2016)(1) Consolidated operating results
Net sales
Millions of yen%
Year ended March 31, 2016
532,818
1.6
Year ended March 31, 2015
524,577
5.1
Note: Comprehensive income Year ended March 31, 2016:
Year ended March 31, 2015:

Percentages indicate year-on-year changes
Profit attributable toOperating income
Ordinary income
owners of parent
Millions of yen% Millions of yen% Millions of yen%
1,601(90.6)(2,298)–(103,449)–
17,062(31.2)
10,391 (50.3)(1,149)–(111,894) million yen[–%]
17,726 million yen[26.0%]

Profit attributable toOrdinary
Operatingowners ofincome/total assets
income/net sales
parent/equity
Yen
Yen
%
%
%
Year ended March 31, 2016(376.69)–(90.5)(0.7)
0.3
Year ended March 31, 2015
(4.18)
–
(0.7)
2.6
3.3
Reference: Share of (profit) loss of entities accounted for using equity method: Year ended March 31, 2016: – million yen
Year ended March 31, 2015: – million yen
Earnings per share

Diluted earnings pershare

(2) Consolidated financial position
Total assets

Net assets

Equity ratio

Millions of yen
Millions of yen
281,615
70,359416,769
203,108
As of March 31, 2016: 57,380 million yen
As of March 31, 2015: 171,163 million yen

As of March 31, 2016
As of March 31, 2015
Reference: Equity

Net assets per share
%
20.4
41.1

Yen
208.93623.35(3) Consolidated cash flows
Cash flows fromoperating activities
Millions of yen
4,567
22,952

Year ended March 31, 2016
Year ended March 31, 2015

Cash flows frominvesting activities
Millions of yen(9,789)(14,772)

Cash flows from
Cash and cash equivalents
at end of period
financing activities
Millions of yen
Millions of yen(23,941)
22,660(5,040)54,964ii) Forecast of consolidated financial results for the year ending March 31, 2017
(Before Corrections)
3. Forecast of consolidated financial results for the year ending March 31, 2017 (from April 1, 2016 to March 31, 2017)
Percentages indicate year-on-year changes
Profit attributable toOperating income
Ordinary income
Earnings per shareowners of parent% Millions of yen% Millions of yen% Millions of yen%
Yen

Net sales
Millions of yen
Six months ending
September 30, 2016
Full year

253,000

(4.4)

4,000

–

2,000

–

(2,000)–(7.28)

520,000(2.3)

14,000–10,000

–

500

–

1.82

(After Corrections)
3. Forecast of consolidated financial results for the year ending March 31, 2017 (from April 1, 2016 to March 31, 2017)
Percentages indicate year-on-year changes
Profit attributable toOperating income
Ordinary income
Earnings per shareowners of parent% Millions of yen% Millions of yen% Millions of yen%
Yen

Net sales
Millions of yen
Six months ending
September 30, 2016
Full year

253,000

(4.4)

4,000

–

2,000

–

(2,000)–(7.28)

520,000(2.4)

14,000873.9

10,000

–

500

–

1.82

iii) (Reference) Summary of Non-consolidated Financial Results(Before Corrections)(Reference) Summary of non-consolidated financial results
Non-consolidated financial results for the year ended March 31, 2016 (from April 1, 2015 to March 31, 2016)(1) Non-consolidated operating results

Percentages indicate year-on-year changes
Net salesYear ended March 31, 2016
Year ended March 31, 2015

Millions of yen
261,496
265,840

Operating income% Millions of yen(1.6)(3,247)
1.8
8,349

Earnings per share

Ordinary income
Millions of yen(1,186)
12,668%–22.2

ProfitMillions of yen(117,768)
9,376

%
–
298.1

Diluted earnings per shareYen(428.83)
34.15

Year ended March 31, 2016
Year ended March 31, 2015

%
–
7.8

Yen
–
34.09

(2) Non-consolidated financial position
Total assets
As of March 31, 2016
As of March 31, 2015
Reference: Equity

Net assets

Millions of yen
Millions of yen
187,788
16,466
293,447
136,109
As of March 31, 2016: 16,349 million yen
As of March 31, 2015: 135,992 million yen

Equity ratio

Net assets per share
%
8.7
46.3

Yen
59.53
495.26(After Corrections)(Reference) Summary of non-consolidated financial results
Non-consolidated financial results for the year ended March 31, 2016 (from April 1, 2015 to March 31, 2016)(1) Non-consolidated operating results
Percentages indicate year-on-year changes
Net salesYear ended March 31, 2016
Year ended March 31, 2015

Operating income

Millions of yen
261,496
265,840% Millions of yen(1.6)(3,247)
1.8
8,349

Earnings per share

Ordinary income
Millions of yen(1,186)
12,668%–22.2

ProfitMillions of yen(115,933)
9,376

%
–
298.1

Diluted earnings per shareYen(422.15)
34.15

Year ended March 31, 2016
Year ended March 31, 2015

%
–
7.8

Yen
–
34.09

(2) Consolidated financial position
Total assets
As of March 31, 2016
As of March 31, 2015
Reference: Equity

Net assets

Millions of yen
Millions of yen
189,623
18,301
293,447
136,109
As of March 31, 2016: 18,184 million yen
As of March 31, 2015: 135,992 million yen

Equity ratio

Net assets per share
%
9.6
46.3

Yen
66.21
495.26

Due to the many corrections in the attachments to the “Summary of Consolidated Financial Results for the Year Ended
March 31, 2016 (Based on Japanese GAAP)” as released on May 20, 2016, the document has been provided in full with thecorrected content only. Also, corrected numbers are underlined in cases where a corrected value is less than the numericalunit used for presentation.

Translation
Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any
discrepancy between this translated document and the original Japanese document, the latter shall prevail.

Summary of Consolidated Financial Results
for the Year Ended March 31, 2016
(Based on Japanese GAAP)May 20, 2016
Company name:TOSHIBA TEC CORPORATION

Stock exchange listing: Tokyo
Stock code:
6588
Representative:
Inquiries:

URL

http://www.toshibatec.co.jp/

President and CEO
Senior Manager of Corporate

Takayuki Ikeda

Communications Division
Scheduled date of ordinary general meeting of shareholders:
Scheduled date to file Securities Report:
Scheduled date to commence dividend payments:
Preparation of supplementary material on financial results:
Holding of financial results meeting:Takashi Mizuno

TEL

03-6830-9151

June 24, 2016
June 29, 2016
–
Yes
Yes

(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the year ended March 31, 2016 (from April 1, 2015 to March 31, 2016)(1) Consolidated operating results
Net sales
Millions of yen%
Year ended March 31, 2016
532,818
1.6
Year ended March 31, 2015
524,577
5.1
Note: Comprehensive income Year ended March 31, 2016:
Year ended March 31, 2015:

Percentages indicate year-on-year changes
Profit attributable toOperating income
Ordinary income
owners of parent
Millions of yen% Millions of yen% Millions of yen%
1,601(90.6)(2,298)–(103,449)–
17,062(31.2)
10,391 (50.3)(1,149)–(111,894) million yen[–%]
17,726 million yen[26.0%]

Profit attributable toOrdinary
Operatingowners ofincome/total assets
income/net sales
parent/equity
Yen
Yen
%
%
%
Year ended March 31, 2016(376.69)–(90.5)(0.7)
0.3
Year ended March 31, 2015
(4.18)
–
(0.7)
2.6
3.3
Reference: Share of (profit) loss of entities accounted for using equity method: Year ended March 31, 2016: – million yen
Year ended March 31, 2015: – million yen
Earnings per share

Diluted earnings per
share(2) Consolidated financial position
Total assets
As of March 31, 2016
As of March 31, 2015
Reference: Equity

Net assets

Millions of yen
Millions of yen
281,615
70,359416,769
203,108
As of March 31, 2016: 57,380 million yen
As of March 31, 2015: 171,163 million yen

Equity ratio

Net assets per share
%
20.4
41.1

Yen
208.93623.35(3) Consolidated cash flows

Year ended March 31, 2016
Year ended March 31, 2015

Cash flows fromoperating activities
Millions of yen
4,567
22,952

Cash flows frominvesting activities
Millions of yen(9,789)(14,772)

Cash flows from
Cash and cash equivalents
at end of period
financing activities
Millions of yen
Millions of yen(23,941)
22,660(5,040)54,964

2. Cash dividends
Annual dividends per share
1st quarter-end 2nd quarter-end 3rd quarter-end Fiscal year-end

Year ended March 31, 2015
Year ended March 31, 2016
Year ending March 31, 2017
(Forecast)of dividends
Total cash
Dividend payout Ratio
to net assets
dividends (Total) ratio (Consolidated) (Consolidated)

Total

Yen

Yen

Yen

Yen

Yen

Millions of yen

%

%

–
–

6.00
0.00

–
–

7.00
0.00

13.00
0.00

3,569
0

–
–

2.2
0.0

–

0.00

–

–

–

–

3. Forecast of consolidated financial results for the year ending March 31, 2017 (from April 1, 2016 to March 31, 2017)
Percentages indicate year-on-year changes
Profit attributable to
Net sales
Operating income
Ordinary income
Earnings per shareowners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
Yen
Six months ending
253,000
(4.4)
4,000
–
2,000
–
(2,000)–(7.28)
September 30, 2016
Full year
520,000(2.4)
14,000 873.9
10,000–500–
1.82
4. Notes(1) Changes in significant subsidiaries during the year ended March 31, 2016(changes in specified subsidiaries resulting in the change in scope of consolidation):No(2) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements
Changes in accounting policies due to revisions to accounting standards and other regulations:
Changes in accounting policies due to other reasons:

Yes
No

Changes in accounting estimates:
Restatement of prior period financial statements:

NoNo(3) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of March 31, 2016

288,145,704 shares As of March 31, 2015

288,145,704 shares

Number of treasury shares at the end of the period
As of March 31, 2016

13,505,268 shares As of March 31, 2015

13,561,637 shares

274,625,555 shares Year ended March 31, 2015

274,563,138 shares

Average number of shares during the period
Year ended March 31, 2016

Consolidated financial statements
Consolidated balance sheets(Millions of yen)
As of March 31, 2015

As of March 31, 2016

AssetsCurrent assets
Cash and deposits
Group deposits paid

21,81033,154

22,217443

Notes and accounts receivable - trade
Merchandise and finished goods

81,01636,30376,47038,468Work in process
Raw materials and supplies

2,444
6,967

1,960
6,428

Accounts receivable - other
Deferred tax assets

20,277
8,398

20,168
4,913

Other
Allowance for doubtful accounts

30,617(1,405)26,397(2,774)

Total current assets

239,584

194,694

31,108(22,936)

27,875(20,995)

Buildings and structures, net

8,171

6,880

Machinery, equipment and vehicles
Accumulated depreciation

45,750(36,843)

42,957(35,451)

Non-current assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation

Machinery, equipment and vehicles, net

8,907

7,506

49,311(44,596)

48,204(43,659)

4,714

4,544

2,540
11,342

2,119
11,805

Accumulated depreciation(4,862)(5,093)Tools, furniture and fixtures
Accumulated depreciation
Tools, furniture and fixtures, net
Land
Leased assets
Leased assets, net

6,479

6,711

Construction in progress

2,746

3,583

Total property, plant and equipment

33,56031,345Intangible assets
Goodwill

36,911

8,633

Customer Relationship Assets
Other

33,90636,232710
7,596

Total intangible assets

107,049

16,940Investments and other assets
Investment securities

5,044

4,881

Net defined benefit asset
Deferred tax assets

3,351
14,421

1,325
17,227

Other
Allowance for doubtful accounts

13,715(62)

15,203(61)

Total investments and other assets

36,47038,576

177,081

86,862

103

59

103

59

416,769

281,615

Total non-current assets
Deferred assets
Deferred organization expenses
Total deferred assets
Total assets

(Millions of yen)
As of March 31, 2015

As of March 31, 2016

Liabilities
Current liabilities
Notes and accounts payable - trade
Short-term loans payable

90,0802,028

71,175
3,407

Lease obligations
Accounts payable - other

3,358
15,501

4,435
29,557

Income taxes payable
Provision for directors' bonuses

3,598
–

3,643
56

Other

50,14846,327

Total current liabilities

164,715

158,604

Long-term loans payable
Lease obligations

–
4,024

16
5,954

Provision for directors' retirement benefits
Net defined benefit liability

140
37,887

117
38,687

Other

6,893

7,877

Non-current liabilities

Total non-current liabilities

48,94652,652

213,661

211,256

Shareholders' equity
Capital stock

39,97039,970Capital surplus
Retained earnings

52,96564,364

52,970(41,006)

Total liabilities
Net assets

Treasury shares(5,542)(5,523)

Total shareholders' equity

151,759

46,411

Valuation difference on available-for-sale securities
Deferred gains or losses on hedges

1,513
3

1,476
71

Foreign currency translation adjustment
Minimum pension liability adjustment

18,014(568)

11,740(461)

Accumulated other comprehensive income

Remeasurements of defined benefit plans
Total accumulated other comprehensive income

440(1,857)

19,404

10,969Subscription rights to shares

116

116

Non-controlling interests

31,82812,862

Total net assets

203,108

70,359416,769

281,615

Total liabilities and net assets

Consolidated statements of income and consolidated statements of comprehensive income
Consolidated statements of income(Millions of yen)
Fiscal year ended

Fiscal year ended

March 31, 2015

March 31, 2016

Net sales

524,577

532,818

Cost of sales

301,355

315,732

Gross profit

223,221217,085

Selling, general and administrative expenses

206,159

215,483

Operating income

17,062

1,601

391

345

115
45

93
97

Gain on valuation of derivatives
Other

1,993
537

–
273

Total non-operating income

3,082

810

587

962

Loss on sales and retirement of non-current assets
Foreign exchange losses

50
5,867

35
837

Loss on valuation of derivatives
Settlement money

–
1,104

542
–

Other

2,143

2,333

Non-operating income
Interest income
Dividend income
Gain on sales of investment securities

Non-operating expenses
Interest expenses

Total non-operating expenses
Ordinary income (loss)

9,753

4,711

10,391(2,298)–686

85,023
1,440

–

325

Extraordinary losses
Impairment loss
Restructuring cost
Loss on transfer of businessTotal extraordinary losses

686

86,788

Profit (loss) before income taxes

9,705(89,087)

Income taxes - current
Income taxes - deferred

7,037
2,998

12,514965

Total income taxes

10,036

13,479(331)(102,566)

Loss
Profit attributable to non-controlling interests
Loss attributable to owners of parent

818

882

(1,149)(103,449)

Consolidated statements of comprehensive income(Millions of yen)
Fiscal year ended
March 31, 2015
Loss
Other comprehensive income

Fiscal year ended
March 31, 2016
(331)

(102,566)

527
8

(38)
67

Foreign currency translation adjustment
Minimum pension liability adjustment

15,901(593)(7,268)202

Remeasurements of defined benefit plans, net of tax

2,213(2,290)Total other comprehensive income

18,057(9,327)

17,726(111,894)

12,471(111,884)

5,255

(9)

Valuation difference on available-for-sale securities
Deferred gains or losses on hedges

Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controllinginterests

Consolidated statements of changes in equity
Fiscal year ended March 31, 2015
(Millions of yen)
Shareholders' equity
Capital stock
Balance at beginning of current
periodCapital surplus

39,970Retained earnings

52,97065,737

Cumulative effects of changes
in accounting policies

Total shareholders'equityTreasury shares(5,585)

153,093

2,522

Restated balance

39,97052,9702,522

68,259(5,585)

155,616

Changes of items during period
Dividends of surplus(2,745)(2,745)

Loss attributable to owners ofparent(1,149)(1,149)Purchase of treasury shares
Disposal of treasury shares

(28)

(28)

71

66

(5)

Net changes of items otherthan shareholders' equity
Total changes of items during
periodBalance at end of current period–(5)(3,894)43(3,856)39,97052,96564,364(5,542)

151,759

Accumulated other comprehensive income
Valuationdifferenceonavailable-fo
r-salesecurities
Balance at beginning of current
period987

Deferred
gains orlosses onhedges(4)

Foreign
Minimum
currency
Pensiontranslation
Liability
adjustment Adjustment

6,626

(55)

Total
Remeasurements

accumulatedof definedotherbenefit planscomprehensive

Subscription Non-control
rights toshares

987

(4)

6,626

(55)

Total net
assetsincome(1,770)

5,783

130

Cumulative effects of changes
in accounting policies
Restated balancelinginterests(1,770)

5,783

130

27,025

186,033

43

2,566

27,069188,599

Changes of items during period
Dividends of surplus(2,745)

Loss attributable to owners ofparent(1,149)Purchase of treasury shares(28)

Disposal of treasury shares66

Net changes of items otherthan shareholders' equity526

8

11,388

(513)

2,211

13,620

(13)

4,758

18,365

Total changes of items during
period526

8

11,388

(513)

2,211

13,620

(13)

4,758

14,508

Balance at end of current period

1,513

3

18,014(568)

440

19,404116

31,828203,108

Fiscal year ended March 31, 2016
(Millions of yen)
Shareholders' equity
Capital stock
Balance at beginning of current
periodCapital surplus

39,970Retained earnings

52,965

Total shareholders'equityTreasury shares

64,364(5,542)

151,759

Cumulative effects of changes
in accounting policies–

Restated balance

39,97052,96564,364(5,542)

151,759

Changes of items during period
Dividends of surplus
Loss attributable to owners ofparent(1,922)(1,922)(103,449)(103,449)

Purchase of treasury shares
Disposal of treasury shares

(18)

(18)

37

42

5

Net changes of items otherthan shareholders' equity
Total changes of items during
periodBalance at end of current period–

5(105,371)

18(105,347)

39,97052,970(41,006)(5,523)

46,411

Accumulated other comprehensive income

Balance at beginning of current
periodValuationdifferenceonavailable-fo
r-salesecurities

Deferred
gains orlosses onhedges1,513

3Foreign
Minimum
currency
Pensiontranslation
Liability
adjustment Adjustment

18,014

(568)

Total
Remeasurements

accumulatedof definedotherbenefit planscomprehensive

Subscription Non-control
rights tosharesling
interests

income440

19,404116

31,828Cumulative effects of changes
in accounting policies
Restated balance

Total net
assets203,108
–

1,513

3

18,014(568)

440

19,404116

31,828203,108

Changes of items during period
Dividends of surplus(1,922)

Loss attributable to owners ofparent(103,449)

Purchase of treasury shares(18)

Disposal of treasury shares

42

Net changes of items otherthan shareholders' equity

(37)

67

(6,274)106(2,297)(8,435)(0)(18,965)(27,401)

Total changes of items during
period(37)

67(6,274)106(2,297)(8,435)(0)(18,965)(132,749)

Balance at end of current period

1,476

71

11,740(461)(1,857)

10,969116

12,86270,359

Consolidated statements of cash flows(Millions of yen)

Cash flows from operating activities
Profit (loss) before income taxes

Fiscal year ended

Fiscal year ended

March 31, 2015

March 31, 2016
9,705

(89,087)

Depreciation
Impairment loss

20,386–

19,49685,023

Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in net defined benefit liability

(57)
3,314

(1,807)602

Interest and dividend income
Interest expenses

(506)
587

(439)
962

Loss (gain) on sales and retirement of property, plant andequipment

50

35

Loss (gain) on sales of investment securities
Restructuring cost

(45)
686

(97)
1,440

Loss (gain) on transfer of business
Decrease (increase) in notes and accounts receivable - trade–
13,193325
1,708

Decrease (increase) in inventories
Increase (decrease) in notes and accounts payable - trade(1,240)6,296(2,348)(15,665)

Other, net(22,248)

12,335

Subtotal

30,121

12,484

Interest and dividend income received

501

443

Interest expenses paid
Income taxes paid

(645)
(7,025)(875)(7,484)

Net cash provided by (used in) operating activities

22,952

4,567(6,803)(8,724)225(14,046)

1,176(5,376)

–
1,923

600
–

(13)
107

(19)
167

3,448
(12)

3,362
(13)

16

15

–

(1,279)Cash flows from investing activities
Purchase of property, plant and equipment
Proceeds from sales of property, plant and equipment
Purchase of intangible assets
Proceeds from transfer of business
Proceeds from sales of intangible assets
Purchase of investment securities
Proceeds from sales of investment securities
Net decrease (increase) in short-term loans receivable
Payments of long-term loans receivableCollection of long-term loans receivable
Purchase of shares of subsidiaries resulting in change in scopeof consolidation
Other, net
Net cash provided by (used in) investing activities

381

299

(14,772)(9,789)(Millions of yen)
Fiscal year ended

Fiscal year ended

March 31, 2015

March 31, 2016

Cash flows from financing activities
Net increase (decrease) in short-term loans payable
Proceeds from long-term loans payable
Repayments of long-term loans payable
Payments from changes in ownership interests in subsidiaries

1,109
–

1,028
3

–

(3)

that do not result in change in scope of consolidation
Repayments of finance lease obligations–(19,120)(2,945)(3,046)

Purchase of treasury shares
Cash dividends paid

(28)
(2,746)(18)(1,925)

(495)
66

(899)
40

Net cash provided by (used in) financing activities(5,040)(23,941)

Effect of exchange rate change on cash and cash equivalents

4,521(3,141)

Net increase (decrease) in cash and cash equivalents

7,660(32,304)

Cash and cash equivalents at beginning of period

47,30454,964

Cash and cash equivalents at end of period

54,964

22,660

Dividends paid to non-controlling interests
Other, net