Ryobi Consolidated Financial Statements for the First Nine Months of Fiscal 2016

Ryobi Limited and Consolidated Subsidiaries
Consolidated Financial Statements for the First Nine Months of the Fiscal Year Ending
March 31, 2016
These consolidated financial statements are based on the Japanese financial statements submitted to the Tokyo
Stock Exchange.

1. Consolidated Balance Sheets(Millions of yen)March 31, 2015
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Securities
Merchandise and finished goods
Work in process
Raw materials and supplies
OtherAllowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles, net
LandConstruction in progress
Other, net
Total property, plant and equipment
Intangible assets
Other
Total intangible assets
Investments and other assets
Investment securities
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Deferred assets
Bond issuance cost
Total deferred assets
Total assets-1-December 31, 2015

17,84852,7381,393
18,013
13,927
13,523
6,151(73)
123,522

22,23552,498
1,393
16,33814,98913,796
5,246(56)
126,442

32,85654,73823,322
5,176
4,184
120,278

32,74352,54723,2805,784
3,912
118,269

2,689
2,689

2,801
2,801

14,9586,477(71)
21,364
144,332

15,185
7,065(75)
22,176143,247－－
267,85434
34
269,724

Ryobi Consolidated Financial Statements for the First Nine Months of Fiscal 2016

(Millions of yen)March 31, 2015
Liabilities
Current liabilities
Notes and accounts payable - trade
Short-term loans payable
Current portion of long-term loans payableIncome taxes payable
Provision for bonuses
Provision for directors' bonuses
Other
Total current liabilities
Non-current liabilities
Bonds payable
Long-term loans payable
Net defined benefit liability
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Capital stock
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-salesecurities
Deferred gains or losses on hedges
Revaluation reserve for land
Foreign currency translation adjustmentRemeasurements of defined benefit plans
Total accumulated other comprehensive
incomeNon-controlling interests
Total net assets
Total liabilities and net assets-2-

December 31, 2015

40,99437,802
10,622
1,866
1,637
41
14,454
107,419

43,56034,712
10,531
119
667－
16,218105,810－38,0778,466
6,487
53,032
160,451

2,300
35,2658,493
6,943
53,001
158,81218,472
23,75747,529(2,334)87,425

18,472
23,76551,596(2,335)91,499

6,308
(18)
719
7,084
267

6,329
(11)
719
5,718
348

14,3625,615
107,403
267,854

13,104
6,307
110,911
269,724

Ryobi Consolidated Financial Statements for the First Nine Months of Fiscal 2016

2. Consolidated Statements of Income

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividend income
Rent income
Foreign exchange gains
Gain on sales of scraps
Other
Total non-operating income
Non-operating expenses
Interest expenses
Sales discounts
Foreign exchange losses
Depreciation
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on disposal of non-current assets
Gain on bargain purchaseTotal extraordinary income
Extraordinary losses
Loss on disposal of non-current assets
Total extraordinary losses
Income before income taxes and minority interests
Income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent-3-

Nine Months Ended
December 31, 2014
164,108
140,501
23,607
17,521
6,085(Millions of yen)
Nine Months Ended
December 31, 2015
188,357
160,91127,446
18,818
8,627

34
239
368
179
204
439
1,465

33
312
357－588691
1,984

1,381172－
157
220
1,932
5,618

1,428
157
286
102
126
2,101
8,510

7
7
14

48
－
48

79
79
5,553
2,431
3,122
393
2,728

89
89
8,469
2,496
5,973
612
5,361

Ryobi Consolidated Financial Statements for the First Nine Months of Fiscal 2016

3. Consolidated Statements of Cash Flows
Nine Months Ended
December 31, 2014
Cash flows from operating activities
Income before income taxes and minority interests
Depreciation
Increase (decrease) in allowance for doubtful
accounts
Increase (decrease) in provision for bonuses
Increase (decrease) in net defined benefit liability
Interest and dividend income
Interest expenses
Loss (gain) on disposal of non-current assets
Decrease (increase) in notes and accounts
receivable - trade
Decrease (increase) in inventories
Decrease (increase) in other current assets
Increase (decrease) in notes and accounts payable trade
Increase (decrease) in other current liabilities
Other, net
SubtotalInterest and dividend income received
Interest expenses paid
Income taxes paid
Net cash provided by (used in) operating activities
Cash flows from investing activities
Purchase of property, plant and equipmentProceeds from sales of property, plant andequipment
Purchase of securities
Proceeds from sales of securities
Purchase of investment securities
Payments into time deposits
Proceeds from withdrawal of time deposits
Other, net
Net cash provided by (used in) investing activities
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
Proceeds from issuance of bonds
Purchase of treasury shares
Cash dividends paid
Other, net
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-4-(Millions of yen)
Nine Months Ended
December 31, 2015

5,553
10,297

8,469
11,6075(1,024)
433
(273)
1,381
72(13)
(970)
190
(345)
1,428
42(1,329)(4,917)
471

(90)
115
222

9,004
549
(1,177)
19,046273(1,314)(2,668)15,337

2,762
833
(708)
23,545345(1,487)(3,038)19,364(10,000)(10,114)

12(690)690(41)(1,873)
1,533(306)(10,676)

24(690)690(47)(1,703)
1,836(466)(10,472)(1,394)
9,538(9,910)－(0)(1,292)(29)(3,088)(2,630)6,011(8,543)2,264(1)(1,293)(25)(4,217)90
1,662
17,711
19,374(132)
4,542
16,60921,151

Ryobi Consolidated Financial Statements for the First Nine Months of Fiscal 2016

4. Segment Information
Industry Segment Information
For the Nine Months Ended December 31, 2014
(Millions of yen)
DieCastings

Power Tools
and Builders’HardwarePrinting
Equipment

125,432

20,091

18,400

184

—

114

6—

39(159)—125,546

20,097

18,400223(159)164,108

4,103

902

1,055

24(0)

6,085

Other

Eliminations/ Corporate

Consolidated

Net Sales:
Unaffiliated customers
Intersegment
Total
Operating income

164,108

For the Nine Months Ended December 31, 2015
(Millions of yen)
Die
Castings

Power Tools
and Builders’HardwarePrinting
Equipment

147,198

21,007

19,947

203

—

96

7

—

41(144)—

147,294

21,015

19,947245(144)

188,357

6,894

598

1,098

36(0)

8,627

OtherEliminations/ Corporate

Consolidated

Net Sales:
Unaffiliated customers
Intersegment
Total
Operating income-5-

188,357