CONSOLIDATED FINANCIAL STATEMENTS
These Consolidated Finanacial Statements
were publicly released in the Japanese
language on May 13, 2011.
（１）CONSOLIDATED BALANCE SHEETS（Yen millions）
Consolidated Balance Sheets
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable‐trade
Merchandise and finished goods
Work in process
Raw materials and supplies
Deferred tax assets
Other
Allowance for doubtful accounts
Total current assets
Noncurrent assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles, netLand
Construction in progress
Other, netTotal property, plant and equipment
Intangible assets
GoodwillSoftware
Other
Total intangible assets
Investments and other assets
Investment securities
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total noncurrent assets
Total assets
Liabilities
Current liabilities
Notes and accounts payable‐trade
Short‐term loans payable
Income taxes payable
Deferred tax liabilities
Other
Total current liabilities
Noncurrent liabilities
Long‐term loans payable
Deferred tax liabilities
Provision for retirement benefits
Long‐term deposits receivedLong‐term accounts payable‐other
Other
Total noncurrent liabilities
Total liabilities
Net assets
Shareholders' equity
Capital stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available‐for‐sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Total accumulated other comprehensive income
Minority interests
Total net assets
Total liabilities and net assets

31‐Mar‐1031‐Mar‐118,653
16,494
4,883
1,149
1,375
701
1,638
△1834,87814,964
16,212
5,876
1,343
1,814
626
1,604
△33
42,40910,714
10,891
7,842
856
1,141
31,446

10,172
9,499
7,566
1,289
982
29,509

89
1,942
107
2,139

104
1,452
392
1,948

7,752
631
1,297
△124
9,557
43,14278,020

7,089
695
1,376
△123
9,037
40,49582,905

12,430
4,149
594
6
5,493
22,675

13,723
11,418
1,180

11,595
1
2,020
1,552
130
25
15,32538,000

6,235

1,774
10,15542,362

10,951
4,927
27,075△176
42,778

10,951
4,681
29,514△703
44,444650

380△4,239△3,589831
40,02078,020△5,146△4,766864
40,54282,905

5,885
32,2072,145

（２）CONSOLIDATED STATEMENTS OF INCOME（Yen millions）
Consolidated Statements of (comprehensive) Income
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non‐operating income
Interest income
Dividends income
Equity in earnings of affiliates
OtherTotal non‐operating income
Non‐operating expenses
Interest expenses
Loss on retirement of noncurrent assets
Foreign exchange losses
OtherTotal non‐operating expenses
Ordinary incomeExtraordinary income
Gain on sales of noncurrent assets
Gain on sales of investment securities
Other
Total extraordinary income
Extraordinary loss
Impairment loss
Loss on disaster
Loss on retirement of noncurrent assets
Restructuring loss
Bad debts written off
Other
Total extraordinary losses
Income before income taxes and minority interests
Income taxes‐current
Income taxes‐deferred
Total income taxes
Income before minority interests
Minority interests in income
Net income

31‐Mar‐10

31‐Mar‐11

73,59353,65919,933
17,4832,450

84,811
61,092
23,71918,6625,056

21104357
400
882

30
120
412
300
864

396
95

313
114
228
298
954
4,967

300
792
2,540
299
0
299

146
118
2267
63
55
182

633
100
18751
2,088
722
93
815
37
1,234

23
324
4,910
1,363
154
1,518
3,391
57
3,333

（３）CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS（Yen millions）
Consolidated Statements of Changes in Net Assets
Shareholders' equity
Capital stock
Balance at the end of previous period
Changes of items during the period
Total changes of items during the period
Balance at the end of current period
Capital surplus
Balance at the end of previous period
Changes of items during the period
Disposal of treasury stock
Retirement of treasury stock
Total changes of items during the period
Balance at the end of current period
Retained earnings
Balance at the end of previous period
Effect of changes in accounting policies applied to foreign subsidiaries
Changes of items during the period
Dividends from surplus
Net income
Total changes of items during the period
Balance at the end of current period
Treasury stock
Balance at the end of previous period
Changes of items during the period
Purchase of treasury stockDisposal of treasury stock
Retirement of treasury stock
Total changes of items during the period
Balance at the end of current period
Total shareholders' equity
Balance at the end of previous period
Effect of changes in accounting policies applied to foreign subsidiaries
Changes of items during the period
Dividends from surplus
Net income
Purchase of treasury stock
Disposal of treasury stock
Retirement of treasury stock
Total changes of items during the period
Balance at the end of current period
Accumulated other comprehensive income
Valuation difference on available‐for‐sale securities
Balance at the end of previous period
Changes of items during the period
Net changes of items other than shareholders' equity
Total changes of items during the period
Balance at the end of current period
Deferred gains or losses on hedges
Balance at the end of previous period
Changes of items during the period
Net changes of items other than shareholders' equity
Total changes of items during the period
Balance at the end of current period
Foreign currency translation adjustment
Balance at the end of previous period
Changes of items during the period
Net changes of items other than shareholders' equity
Total changes of items during the period
Balance at the end of current period
Total accumulated other comprehensive income
Balance at the end of previous period
Changes of items during the period
Net changes of items other than shareholders' equity
Total changes of items during the period
Balance at the end of current period
Minority interests
Balance at the end of previous period
Changes of items during the period
Net changes of items other than shareholders' equity
Total changes of items during the period
Balance at the end of current period
Total net assets
Balance at the end of previous period
Effect of changes in accounting policies applied to foreign subsidiaries
Changes of items during the period
Dividends from surplus
Net income
Purchase of treasury stock
Disposal of treasury stock
Retirement of treasury stock
Net changes of items other than shareholders' equity
Total changes of items during the period
Balance at the end of current period

31‐Mar‐10

31‐Mar‐11

10,951

10,951

10,951

10,951

4,928

4,92700△245
△245
4,681

0
4,927
26,342

27,075△197△501
1,23473227,075

△696
3,333
2,636
29,514△173△176△41△7720245△526△703△3△17642,049

42,778△197△5011,234
△40

△696
3,333
△7720728
42,7781,863
44,444106650

543
543
650

△269
△269
380

△555

△4,804△4,239564
564△4,239△907△907△5,146△4,704△3,5891,114
1,114△3,589△1,176△1,176△4,766

1,007

831

△176
△176
831

32
32
864

38,35240,020
△197

△501
1,234
△40

△696
3,333
△772
0938
1,667
40,020△1,143719
40,542

（４）CONSOLIDATED STATEMENTS OF CASH FLOWS（Yen millions）
Consolidated Statements of Cash FlowsNet cash provided by (used in) operating activities
Income before income taxes and minority interests
Depreciation and amortization
Amortization of goodwill and negative goodwill
Impairment loss
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in provision for retirement benefits
Interest and dividends income
Interest expenses
Foreign exchange losses (gains)
Equity in (earnings) losses of affiliates
Loss (gain) on sales of investment securities
Loss on business restructuringOther extraordinary loss (income)Loss (gain) on sales and retirement of noncurrent assets
Decrease (increase) in notes and accounts receivable‐trade
Decrease (increase) in inventories
Increase (decrease) in notes and accounts payable‐trade
Decrease (increase) in accounts receivable‐other
Decrease in accounts payable‐other with transition to defined contribution pension
Increase/decrease in other assets(liabilities)
Other, net
SubtotalInterest and dividends income received
Interest expenses paid
Payments for business restructuring
Income taxes paid
Income taxes refund
Net cash provided by (used in) operating activities
Net cash provided by (used in) investing activities
Decrease (increase) in time deposits
Purchase of property, plant and equipment
Proceeds from sales of property, plant and equipment
Purchase of intangible assets
Purchase of investment securities
Proceeds from sales of investment securities
Purchase of investments in subsidiaries
Increase/decrease in other assets/liabilities
Other, net
Net cash provided by (used in) investing activities
Net cash provided by (used in) financing activities
Net increase (decrease) in short‐term loans payableProceeds from long‐term loans payable
Repayment of long‐term loans payable
Purchase of treasury stock
Proceeds from sales of treasury stock
Cash dividends paid from parent company
Cash dividends paid to minority shareholders
Other, net
Increase/decrease in other assets/liabilities
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period

31‐Mar‐1031‐Mar‐112,088
5,411914,910
4,907
726320130△151313
36△412△118△76343△125396
4△357633
15△200△1,484643
1,246522△226280
9,205214△389△72△686453
8,724△13△2,566
373△276△1950△522
53△3,147△305
1,152△2,845△30△501△10△3△2,516
583,119
5,466
8,586

164
△251△2,082
1,845
69695
10,211
409
△329
△833
71
9,529
△1,030△3,823167△533△14428△116△4,922
3,021
551△1,312△771
0△696△1529805
△124
5,286
8,586
13,873

（Consolidated Statements of Comprehensive Income）（Yen millions）
31‐Mar‐10
Consolidated Statements of Comprehensive Income
Income before minority interests
Other comprehensive income
Valuation difference on available‐for‐sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Share of other comprehensive income of associates accounted for using equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of the parent
Comprehensive income attributable to minority interests

31‐Mar‐113,391△265△806△115△1,1872,203
2,15647