FY 2019
TopicsTOHOKU UNIVERSITY
Fi nanc i al Report

Tohoku University Vision 2030

Collaborate.Innovate.Activate.
Vision 4
Management
ReformVision 1
Nurturing Future
Leaders via Excellencein Education
Providing a global
perspective andinnovative ethos

Vision 2

Creating Social Beneﬁt via
Excellence in Education &Research Innovating university
governance with the support ofcommunities

Education

Vision 3

Tohoku University Vision 2030
announced on
November 27, 2018

Industry
Co-Creation

Creating New Social
Values via Synergetic
Partnerships Leading
innovation as auniversity involved inthe community

Creating Knowledge
via Excellence inResearch
Promoting innovations and pioneeringstudies

TOHOKU
UNIVERSITY
Financial Report－Digest－ResearchPresenting theTohoku University Vision 2030,a roadmap for future activities

Community

Collaboration
Co-Creation
with the Community－－－ Tohoku University Vision 2030 －－－URL https://www.tohoku.ac.jp/en/about/fact_figures.html

FY 2019 Topics
As there were no large-scale maintenance projects carried out onfacilities in FY 2019, the value of assets decreased due to a depreciationof the value of buildings and of machinery and equipment.
Furthermore, gross profits for FY 2019 were down by about 1.6 billion
yen compared to the previous year. The reason is that in the previous
financial year, there was an extraordinary profit from the sale of theformer Amamiya Campus site due to the relocation of the Graduate
School of Agriculture.

Fiscal Year 2019
2 019. 4 .1～2 020. 3.31

Change of External Funds and Proceeds from grants for operations(In millions of Yen)

60,00050,00049,27747,03340,00016,66445,58846,60346,31345,60313,80830,00012,342

10,28920,000

1,295
3,755

1,077
4,015

10,000

11,397

12,8690

42,47446,083

43,124
44,79840,592
46,042

11,894

7,357

9,199

10,923

10,702

10,544

10,518

1,145
3,825

1,345
4,273

1,297

1,326

14,163

15,371

4,719

14,004

7,674

5,003
12,725

3,821

3,527

4,650

3,422

3,359

3,343

FY2014FY2015FY2016FY2017FY2018FY2019■Grants■Grants-in-Aid for Scientiﬁc Research■Commissioned project■Cooperative research■Commissioned research■Donations
Grants for operations

Tohoku University

Financial Report 2020 (Digest)〈Contact us〉 Finance Division,Finance Department,Tohoku University

1-1 Katahira 2-chome,Aobaku, Sendai 980-8577 JAPANURL http://www.bureau.tohoku.ac.jp/kessan/report/report.html

TOHOKU UNIVERSITYTOHOKU UNIVERSITY Finansial Report －Digest－

Fi nanc i al Report

Balance Sheet
Items(In millions of Yen)Items

FY 2019 FY 2018

FY 2019 FY 2018

AssetsLiabilities(Non-current assets)(Non-current liabilities)
Deferred inflow of assets

67,34668,802

Buildings

153,628 161,902

Long-term borrowings

29,73331,834

Machinery and equipment

26,16929,398Other12,436

12,143

Books/Work of art

26,381

26,278(Current liabilities)

854Deferred inflow of grants for
operations

Investment securities

12,158

1,645

129

60

4,517

1,866

Deferred inflow of donations/Deferredinflow of Sponsored Research

1,431

18,99018,760Current portion of long-termborrowings

3,549

3,433

4,422

Accounts payable

15,203

16,607

1,361

1,609

Other

4,527

4,349

Cash and deposits

33,77743,967

Net assets

Accounts receivable

10,917

10,446

Capital

192,192 192,192(Accounts receivable - student fees

158166）

Capital surplus

22,16828,014

receivable - university( Accounts
hospital

7,884

7,706）

Earned surplus

26,54825,981(Other accounts receivable2,8742,573）

funds carried forward from( Reserve
previous mid-term plan period

19,836

20,064）

Shares of subsidiaries
and associates
Other securities of subsidiaries
and associates

Other(Current assets)

Total (Liabilities )Securities

124－

Other current assets

769

880

153,653 157,363(Reserve for specific purposes

1,709

1,501）(Reserve

3,770

1,551）

1,232

2,864）(Unappropriated retained earnings
Total (Net assets)
Total (Assets)

240,910 246,188

Total (Liabilities ,Net assets) 394,563 403,551

394,563 403,551▶Balance sheet presents information about the financial position on the reporting date bypresenting all assets, liabilities and net assets.

Assets

FY 2019 FY 2018

5,855

6,068

Grants for operations

43,848

43,116

Research

19,49822,336Student fees

10,807

10,843

Medical service

28,177

26,860

Revenue ofuniversity hospital

42,36540,036

21,82923,539

7,080

8,243

3,221

3,238

Sponsored research/Donations

Sponsored research

15,077

16,804

Other grants

Personnel expenses

60,494

59,699Grants for facilities

448

255

General administration

4,009

3,718Decreases in deferredinflow of assets

6,835

9,124

518

362

Other4,601

4,132

10

Finance costs
Other

Ordinary expenses Total 136,854 139,088

Ordinary revenue Total 137,818 139,291

Extraordinary loss
Gross profit

289

135

Extraordinary profit

253

2,502

1,232

2,864

Reversal of reserve for
specific purposes

305

294

▶Income statement presents information about the financial performance during a reporting periodby presenting all revenue and expenses.

Ordinary expenses

FY2018348,256

55,295403,551

136,854 million Yen

FY2017364,387

40,973405,361

8,988million Yen

150,000

200,000

250,000

300,000

350,000

400,000■Non-current assets(decrease from FY 2018)

Liabilities

109,516

FY2018112,781

FY2017

153,653

million Yen

2,234 million Yen (decrease from FY 2018)

Education 5％

Finance costs
0％

50,000100,000(decrease from FY 2018)

Net assets
240,910million Yen
5,278million Yen(decrease from FY 2018)

150,000

200,000million Yen

Research 14％

22,168 26,548

240,910FY2018

192,192

28,014 25,981

246,188

FY2017

192,192

26,325 23,836

242,354

100,000

250,000 million Yen

150,000

200,000■Capital■Capital surplus

Medicalservice
21％

Grants for
operations 32％

Grants for facilities 0％

Personnel
expenses
44％

Other grants 5％■Current liabilities

192,192

50,000▲ 17,772

9,576▲ 5,568▲ 5,915▲00

Payments for the purchase of assets

Ⅲ Cash flows from financing activities
Proceeds from long-term borrowings, and repayments
Repayment of finance lease liabilities

Ⅳ Effect of exchange rate change on cash
Ⅴ Net increase in cash

▲ 10,190

15,222

Ⅵ Cash at beginning of period

43,96728,745

Ⅶ Cash at end of period

33,77743,967▶The Cash flow statements is a cash basis report and presents each cash inflow and cash
outflow of "operating, investing, and financing activities".

Statement of Appropriation of Earned Surplus(In millions of Yen)

FY 2019

FY 2018

Ⅰ Unappropriated retained earnings
Ⅱ Appropriated amountReserve for specific purposes

1,232

2,864

19
1,212

2,219645▶This statement presents information about the appropriation of unappropriated retainedearnings.

Decreases indeferred inflowof assets 5％

FY2019011,561

Operation Cost Statement(In millions of Yen)

Other 3％163,006■Non-current liabilities

13,151■Current assets

157,363

51,832

E xpenditure (or income) from the acquisition (orReserveGeneraladministration3％450,000 million Yen

153,653

44,582

111,17303,710million Yen

44,136

FY 2018

Ⅱ Cash flows from investing activities

Gross profit

Other 0％Ordinary
expenses
FY2019

Proceeds from grants for operations and proceeds fromredemption) of securities

Support for education
and research

394,563

100,000(In millions of Yen)

FY 2019

University Hospital and proceeds from student fees

45,58850,000Items

Ⅰ Cash flows from operating activities

Education

348,974

0

FY 2019 FY 2018

Ordinary revenue

FY2019394,563million Yen

Items

Cash Flow Statement

Payments for property expenses and personnel expenses

122,125 122,084

2,501

Items

(In millions of Yen)

Ordinary expenses

LandConstruction in progress

Income Statement■Earned surplus

Support foreducation andresearch 2％
Sponsored research 11％

Sponsored
research /Donations
16％

Revenue ofuniversity hospital
31％

Ordinaryrevenue

Ordinary revenue
Studentfees
8％137,818 million Yen
1,473 million Yen (decrease from FY 2018)

Items

FY 2019

FY 2018

Ⅰ Operating expenses

57,39058,191Ⅱ Depreciation expense not included in income statem

7,723

▲ 495

Ⅲ Increase of estimated bonuses not included in income statement▲ 155507306

360－－65,264

58,564

Expenses in income statement(Deduction) Non-subsidy revenue,etc

Ⅳ Opportunity cost
Ⅴ (Deduction) Amount paid to the national treasury
Ⅵ Operation cost

▶Operation cost statement presents the burden on citizens to operate national universities.
Item Ⅵ indicates the burden on citizens by our university.