Outline of Consolidated Financial Results of Taiheiyo Cement Corporation
for the Third Quarter of Fiscal 2013 ended March 31, 2013
February 8, 2013
Company:
Stock code:
URL:

Taiheiyo Cement Corporation5233
http://www.taiheiyo-cement.co.jp/

Fiscal 2012 3Q: April 1, 2011- December 31,2011
Fiscal 2012:
April 1, 2011-March 31, 2012
Fiscal 2013 3Q: April 1, 2012- December 31, 2012
Fiscal 2013:
April 1, 2012-March 31, 2013

The accompanying consolidated financial results are not intended to present the financial results in accordancewith accounting principles and practices generally accepted in countries and jurisdictions other than Japan.
(All yen figures are rounded down to the nearest one million yen.)

1. Consolidated Financial Results for the Third Quarter of Fiscal 2013 (April 1, 2012 through December 31,2012)(1) Operating Results
3Q FY3/13
3Q FY3/12

Net Sales
Millions of Yen
551,499
539,819

Operating income
Millions of Yen%
24,08028.4
18,752 119.2%
2.2
0.5*comprehensive income（loss）: Fiscal 2013 3Q 8,989

EPSFiscal 2012 3Q (5,403)

Diluted EPS
Yen––Yen
5.80
1.04

3Q FY3/13
3Q FY3/12Ordinary income
Net income
Millions of Yen% Millions of Yen%
17,809
71.6
7,123
549.6
10,376 610.6
1,096–(2) Financial Position
Total assets
Millions of Yen
976,377
982,231

3Q FY3/13
FY3/12*Equity : Fiscal 2013 3Q 173,234

Total net assets
Millions of Yen
199,635
196,144

Equity ratio
%
17.7
17.3

Fiscal 2012 169,614

2. Dividends
1Q
FY3/12
FY3/13
FY3/13(forecast)

Dividend per share
3Q
4Q

2Q

TotalYen

Yen

Yen

Yen

Yen

——

2.00
2.00

——

2.00

4.00

2.00

4.00

3. Consolidated Results Forecast for the Fiscal 2013(April 1, 2012 through March 31, 2013)
Net sales
Millions of Yen

FY3/13735,000%
1.0

Operating income%
40,000 37.1

Millions of Yen

Ordinary income%
30,500 64.9

Millions of Yen

Net income
Millions of Yen

10,000%27.5

EPSYen8.14This forecast is based on the information available at the date of publication of this material and assumptions at the same datewith respect to the various factors which might have impact on the future financial results. Actual results may differ
materially from this forecast due to various factors.

Page 1 of 5Consolidated Balance Sheets
All yen figures are rounded down to the nearest one million yen.

Cash and deposits
Notes and accounts receivabletrade
Merchandise and finished goods
Work in process
Raw materials and supplies
Other
Allowance for doubtful accounts
Total current assets
Property, plant and equipment
Buildings and structures
Machinery, equipment andvehicles
Land
Other
Property, plant and equipment
Intangible assets
Goodwill
Other
Intangible assets
Investments and other assets
Investment securities
Other
Allowance for doubtfulaccounts
Investments and other assets
Total noncurrent assetsTotal assets

FY3/12(As of 3/31/12)
64,505(Millions of Yen)
3Q FY3/13(As of 12/31/12)
63,610167,638

170,677

26,155
4,773
37,14536,046(1,766)334,496

25,5786,581
36,62636,211(2,065)337,222150,556

146,078

106,117

102,039

151,935
53,180461,789

150,273
54,996453,387

12,34329,61741,96010,86929,012
39,88278,574
71,141

77,76273,880(5,730)(5,756)

143,984
647,735
982,231

145,886
639,155
976,377

Page 2 of 5All yen figures are rounded down to the nearest one million yen.

(Millions of Yen)

Notes and accounts payable-trade
Short-term loans payable
Current portion of bonds
Income taxes payable
Provision for bonuses
Provision for directors’ bonuses
Provision for loss on assignment
Other provision
Other
Total current liabilities
Bonds payable
Long-term loans payable
Provision for retirement benefits
Provision for directors’ retirement
benefits
Provision for loss on business ofsubsidiaries and affiliates
Provision for special repairs
Provision for asset removal
Asset retirement obligations
Other
Total non-current liabilitiesTotal liabilities
Capital stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders’ equity
Valuation difference on availablefor-sale securities
Deferred gains or losses onhedges
Revaluation reserve for land
Foreign currency translation
adjustments
Adjustment for employee
retirement benefit of overseas
subsidiary
Total accumulated othercomprehensive income
Minority interests
Total net assets
Total liabilities and net assets

FY3/12(As of 3/31/12)
84,300251,71030,366
3,251
4,395
7
4,191
1,468
68,488448,180
22,143205,965
24,8023Q FY3/13(As of 12/31/12)
83,283
277,327
21,378
10,126
3,092
7
4,191
1,434
69,133469,975
41,675
155,393
24,470

550

518

138

138

286
2,002
7,103
74,915337,907786,087
86,17450,63685,041(916)
220,935

335
1,898
7,910
74,427306,766
776,742
86,17450,63687,250(927)
223,132

985

684

20

49

4,710

4,587

(53,678)(52,106)(3,358)(3,113)(51,321)(49,898)

26,529196,144982,231

26,400199,635
976,377

Page 3 of 5

Consolidated Statements of Income
All yen figures are rounded down to the nearest one million yen.

(Millions of Yen)
3Q FY3/12
3Q FY3/13(As of 12/31/11)(As of 12/31/12)

Operating income

Item
Net sales

539,819

551,499

Cost of sales

434,026

438,811Gross profit

105,792

112,687

87,04088,60718,752

24,080

Selling, general and administrative
expenses

IncomeInterest income

378304

Dividends income

1,168

438

Other

2,926

3,299

Total

4,473

4,042

Interest expenses

7,237

6,929

2,157

894

Equity in losses ofExpenses

Non-operating

income and expenses

Ordinary income

Operating incomeunconsolidated subsidiaries andaffiliates

3,453

2,489

12,84910,313

10,376

17,809Gain on disposal of non-current assets

1,141

3,202

Gain on sales of investment securities

3853

Other

282

531

1,463

3,787

1,442

2,755

637

676

Loss on disaster

2,118

-

Other

1,849

1,478

Other
Total

IncomeTotal
Loss on disposal of non-current assets
LossesExtraordinary income and losses

Ordinary income

Loss on valuation of investment
securities

6,048

4,910

Income before income tax and minority interests

5,791

16,686

Income taxes total3,965

9,456

Net income before minority interests

1,826

7,229729

106

1,096

7,123

Total

Minority interests
Net income

Page 4 of 5

Consolidated Statements of Comprehensive Income
All yen figures are rounded down to the nearest one million yen.

Income before minority interests
Other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Revaluation reserve for land
Adjustments for employee retirement benefit of overseas
subsidiary
Share of other comprehensive income of associates accounted
for using equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable to :Shareholders of Taiheiyo Cement Corporation
Minority interests

3Q FY3/12(As of 12/31/11)
1,826(Millions of Yen)
3Q FY3/13(As of 12/31/12)
7,229(771)(23)(4,821)756(185)11396-

346

245(2,715)

1,291(7,229)(5,403)

1,759
8,989

(5,652)
249

8,670
318

Consolidated Segment Information(Information regarding sales and income(loss)by reportable segments)
All yen figures are rounded down to the nearest one million yen.

(Millions of Yen)
3Q FY3/12 (4/1/11 – 12/31/11)
Reportable Segments
Construction Ceramics &Mineral
Environmental
CementOtherMaterials Electronics
TotalResources
Business
Business
Business
Business
Business
Net sales
Sales to outside
customers
Inter-segment
sales
Total
Segment
income(loss)

Inter-segment
sales
Total
Segment
income(loss)

Adjustment

Consolidated
Total

337,944

49,49943,052

54,63324,721

509,851

29,967539,819—539,819

8,670

12,931

4,190

2,780

7

28,581

15,57244,154(44,154)—

346,615

62,431

47,24357,41424,729538,433

45,539583,973(44,154)

53981910,564

2,131

4,734

(52)

(180)

17,198

1,906

19,104(351)

18,7523Q FY3/13 (4/1/12 – 12/31/12)
Reportable Segments
MineralConstruction Ceramics &Cement
Environmental
Other
Resources
Materials Electronics
Total
Business
Business
Business
Business
Business
Net sales
Sales to outside
customers

Total

Total

Adjustment

Consolidated
Total

354,91749,665

51,15753,7259,366

518,832

32,666551,499—

551,499

8,897

13,476

4,252

3,082

18

29,727

17,184

46,911(46,911)—363,814

63,142

55,41056,807

9,385

548,560

49,850598,410(46,911)551,499

15,529

3,107

5,120

(307)

(1,103)

22,346

2,082

24,429(349)

24,080Page 5 of 5