Bridgestone Corporation (5108)

First three quarters results of fiscal 2010

Consolidated Financial Statements
for the First Three Quarters of the Fiscal Year Ending December 31, 2010
November 5, 2010
These financial statements, prepared in accordance with accounting principles generally accepted in Japan, havebeen translated for reference only from the original Japanese-language document "KESSAN TANSHIN." The
entire format is pursuant to the requirements or guidance of Tokyo Stock Exchange. As for the contents, if there
are any differences or discrepancies between the original Japanese-language and the English translation, theoriginal Japanese-language supersedes this English translation.
Bridgestone Corporation
Stock exchange listings:Tokyo, Osaka, Nagoya, Fukuoka
Code number:5108
URL:http://www.bridgestone.co.jp
Representative: Shoshi Arakawa, Chairman of the Board, CEO and President
Contact:
Takehisa Kichise, Treasurer, General Manager
Telephone:+81-3-3563-6985
Scheduled date of quarterly securities report submission:
November 12, 2010
Scheduled date of dividend payment commencement:－
Supplementary information for the quarterly financial statements to be prepared:
Yes
Meeting to explain for the quarterly financial statements to be held:
No(All amounts are rounded down to the nearest million yen)

1. Consolidated Results for the First Three Quarters of Fiscal 2010
(January 1, 2010 - September 30, 2010)(1) Consolidated Operating Results(Percentage figures represent changes from the same period of previous year)

Net sales
Nine months ended
September 30, 2010
Nine months ended
September 30, 2009

Operating income

Ordinary income

Net income

Yen in millions%

Yen in millions%

Yen in millions

2,091,246

11.6

113,405

838.1

100,875－

66,762－

1,873,960－

12,089－(9,241)－(27,461)－

Net income
per share
Nine months ended
September 30, 2010
Nine months ended
September 30, 2009%

Yen in millions%

Diluted net income
per share
Yen

Yen

85.14

85.11
－

(35.01)(2) Consolidated Financial Position
Total assets

Net assets

Ratio of total equity tototal assets

Total equity per share

Yen in millions

Yen in millions%

Yen

2,684,475

1,139,673

41.2

1,412.49

As of September 30,
2010
As of December 31,
2009(Reference) Total equity

2,808,439

1,120,797
As of September 30, 2010
As of December 31, 200938.7
¥1,105,505 million¥1,086,601 million

1,385.43

2. Dividends
1st quarterend

2nd quarter
end

Yen

FY 2009
FY 2010Annual Dividend
3rd quarter
Year -end
end

Yen

－
－

8.00
10.00

Yen

－
－

Total

Yen

Yen

8.00

16.00

FY 201010.00
20.00(Projection)(Note) Revision of the projections at the time of the announcement of the first three quarters results of fiscal 2010: No

3. Consolidated Projected Results for Fiscal 2010 (January 1, 2010 - December 31, 2010)(Percentage figures represent changes from the same period of previous year)
Net income
Operating income
Ordinary income
Net income
per share

Net sales
Yen in millions%

Yen in millions%

Yen in millions%

Yen in millions%

Yen

FY 20102,900,000
11.7
157,000 107.4
135,000 147.9
91,000－(Note) Revision of the projections at the time of the announcement of the first three quarters results of fiscal 2010: No

116.27

Bridgestone Corporation (5108)

First three quarters results of fiscal 2010

4. Others (Note) For details, refer to “2.Other Information” on page 6.
(1) Changes in significant subsidiaries during the third quarter : No
(Note) Changes in specified subsidiaries involving change in consolidation scope(2) Application of simplified and special accounting treatments : Yes(Note) Application of simplified and special accounting treatments for quarterly consolidated financial
statements(3) Changes in accounting principles, procedures, method of presentation
1) Changes due to revisions of accounting standards, etc. : Yes
2) Changes other than 1): No(Note) Changes in accounting principles, procedures, method of presentation associated with the preparationof the quarterly consolidated financial statements (matters to be included in the section, Changes inbasic important matters for preparation of quarterly consolidated financial statements)(4) Outstanding number of shares (common stock)
1) Outstanding number of shares at term end (including treasury stock):
September 30, 2010
813,102,321 shares
December 31, 2009
813,102,321 shares
2) Number of shares of treasury stock at term end
September 30, 2010
December 31, 2009

30,435,654 shares
28,797,299 shares

3) Average outstanding number of shares (during the first three quarters)
First Three Quarters ended September 30, 2010
784,164,221 sharesFirst Three Quarters ended September 30, 2009
784,284,796 shares* Implementation status about the quarterly review
These financial statements are exempt from quarterly review procedures as required by the Financial Instruments
and Exchange Act. A part of quarterly review based on Financial Instruments and Exchange Act were not complete at
the time of the disclosure of these financial statements.
* Statement regarding appropriate use of forward-looking statements and other notes
1. The preceding descriptions of projections and plans are “forward-looking statements,” which involve known
and unknown risks and uncertainties. These variables could cause the Bridgestone Group’s actual
performance and financial results to differ substantially from management’s projections and plans.
2. Information about allegations regarding the Bridgestone Corporation (the “Company”) and certain of its
subsidiaries’ alleged cartel activities involvement in the sale of marine hoses and improper monetary payments
is included on page 10, “3. Consolidated Quarterly Financial Statements, (4) Additional Information.”Bridgestone Corporation (5108)

First three quarters results of fiscal 2010

[ Index ]1. Qualitative Information for the First Three Quarters of Fiscal 2010

…P2

(1) Qualitative Information on Consolidated Operating Results…P2(2) Qualitative Information on Consolidated Financial Position…P5(3) Qualitative Information on Projections of Consolidated Results…P5

2. Other information…P6(1) Overview of changes in significant subsidiaries during the third quarter…P6(2) Overview of application of simplified and special accounting treatments…P6(3) Overview of changes in accounting principles, procedures and method of presentation…P6

3. Consolidated Quarterly Financial Statements…P7(1) Consolidated Balance Sheet…P7(2) Consolidated Statements of Income…P9(3) Notes regarding going concern assumption…P10(4) Additional Information…P10(5) Segment Information…P11(6) Notes regarding to significant changes in the amount of shareholders’ equity

…P13

1

Bridgestone Corporation (5108)

First three quarters results of fiscal 2010

1. Qualitative Information for the First Three Quarters of Fiscal 2010
The Bridgestone Corporation is referred to as the “Company,” and the Company and its subsidiaries are referred
to as the “Companies.”(1) Qualitative Information on Consolidated Operating Results
1) Sales and earnings
FY 2010 3Q(Nine months ended
September 30, 2010)

FY 2009 3Q(Nine months ended
September 30, 2009)

Increase(Decrease)

Yen in billions

Yen in billions

Yen in billions%

2,091.2

1,873.9217.2

12Operating income

113.4

12.0

101.3

838

Ordinary income (loss)

100.8

(9.2)

110.1

－

Net income (loss)

66.7(27.4)

94.2－

Net sales

In the first three quarters of fiscal 2010 (January 1 to September 30, 2010), the Company’s operating
environment was plagued by rising raw materials and materials prices and the appreciating Japanese yen.
Despite these challenges, the domestic economy showed signs of slight recovery. Due in part to the effects ofgovernment economic stimulus measures, the United States gradually recovered, and the business climate inEurope showed signs of slight recovery. In Asia, the rate of recovery continued to accelerate throughout all
regions, particularly in China.
Under these operating conditions, the Companies continued working to achieve the goal of becoming theworld’s undisputed No. 1 tire and rubber company both in name and reality. Stepping up its efforts on a global
basis, the Companies focused on increasing sales of highly competitive products, strengthening supply capacity,
improving manufacturing productivity, enhancing technological superiority and effectively utilizing its
management resources. Moreover, within an operating environment that is evolving at an unprecedented speed,
including the changing structures for demand and competition, the Companies have been striving to rapidly
implement a range of initiatives to enhance their ability in ways such as responding quickly to market trends,
increasing sales of strategic products, constructing and enhancing a business model that will extend beyond themere sale of products, and developing eco-friendly products and businesses.
As a result, in the first three quarters of fiscal 2010, net sales and operating income totaled ¥2,091.2 billion and¥113.4 billion, an increase of 12% and 838% from the first three quarters of the previous fiscal year, respectively.
Ordinary income was ¥100.8 billion and net income was ¥66.7 billion. Ordinary loss and net loss was ¥9.2 billionand ¥27.4 billion respectively during the first three quarters of the previous fiscal year.

2

Bridgestone Corporation (5108)

First three quarters results of fiscal 2010

2) Segment Information(Note) The amounts for segment results include inter-segment transactions that are eliminated in calculating
the consolidated results.
a) By business segment
FY 2010 3Q(Nine months ended
September 30, 2010)

Tires
Diversified
Products
Consolidated
Results

FY 2009 3Q(Nine months ended
September 30, 2009)

Increase(Decrease)

Yen in billions

Yen in billions

Yen in billions%

1,730.6

1,544.1

186.4

12

Operating income

104.0

14.6

89.3

608

Net Sales

369.2

337.4

31.7

9

9.4

(2.6)

12.0

－

2,091.2

1,873.9

217.2

12

113.4

12.0

101.3

838

Net Sales

Operating income (loss)
Net Sales
Operating income

In the tire segment, the Companies worked to maximize their sales momentum by introducing appealing new
products worldwide, particularly those that have been identified as strategic and important to the Companies’
future growth.
In Japan, unit sales of tires increased significantly over the first three quarters of fiscal 2009 due to therecovery in demand. In the Americas, the unit sales of passenger cars, light trucks, trucks and buses in North
America tire operations exceeded greatly those of the first three quarters of fiscal 2009 due to the recovery indemand. There was a great increase from the first three quarters of fiscal 2009 in unit sales of such strategic
products as UHP (ultra-high-performance) tires in the replacement sector. In Europe, unit sales of tires forpassenger cars, light trucks, trucks and buses increased greatly over the first three quarters of fiscal 2009 due tothe recovery in demand, and unit sales of strategic products, led by runflat tires, UHP tires and winter tires, grewsignificantly over the first three quarters of fiscal 2009 in the replacement sector. In the specialty tire business,
unit sales of large and ultralarge off-the-road radial tires for construction and mining vehicles significantly
exceeded those of the first three quarters of fiscal 2009. As a result, net sales and operating income in the tiresegment in the first three quarters of fiscal 2010 totaled ¥1,730.6 billion and ¥104.0 billon, an increase of 12%
and 608% from the previous first three quarters, respectively.
In the diversified products segment, due to the recovery in demand, net sales totaled ¥369.2 billion, an
increase of 9% from the previous first three quarters, and operating income was ¥9.4 billion, while operating loss
was ¥2.6 billion during the first three quarters of the previous fiscal year.

3Bridgestone Corporation (5108)

First three quarters results of fiscal 2010b) By geographic segment

Japan

The Americas

EuropeFY 2010 3Q(Nine months ended
September 30, 2010)

FY 2009 3Q(Nine months ended
September 30, 2009)

Increase(Decrease)

Yen in billions

Yen in billions

Yen in billions%

Net Sales

815.2

691.4

123.7

18

Operating income (loss)

33.0(28.2)

61.3－

Net Sales

921.9

844.9

76.9

9

Operating income

38.4

22.8

15.6

69

Net Sales

282.4

264.6

17.8

7

4.8

(13.6)

18.4－

Net Sales

449.8

370.6

79.2

21

Operating income

35.1

21.9

13.2

61

2,091.2

1,873.9

217.2

12

113.4

12.0

101.3

838

Operating income (loss)
Other
Consolidated
Results

Net Sales
Operating income

In Japan, sales in both the tire segment and the diversified products segment exceeded those of the first threequarters of fiscal 2009. As a result, net sales totaled ¥815.2 billion, an increase of 18% from the previous first
three quarters, and operating income was ¥33.0 billion, while operating loss was ¥28.2 billion during the first
three quarters of the previous fiscal year.
In the Americas, net sales totaled ¥921.9 billion and operating income was ¥38.4 billion, an increase of 9% and69%, respectively, from the previous first three quarters.
In Europe, net sales totaled ¥282.4 billion, an increase of 7% from the previous first three quarters, andoperating income was ¥4.8 billion, while operating loss was ¥13.6 billion during the first three quarters of theprevious fiscal year.
In other regions, net sales totaled ¥449.8 billion and operating income was ¥35.1 billion, an increase of 21%
and 61%, respectively, from the previous first three quarters.

4

Bridgestone Corporation (5108)

First three quarters results of fiscal 2010(2) Qualitative Information on Consolidated Financial Position
Assets, Liabilities, and Net assets positions at the end of the first three quarters of fiscal 2010 were as follows.
(Assets)
In assets, short-term investments increased ¥48.2 billion, while notes and accounts receivable and tangible
assets decreased ¥87.0 billion and ¥69.2 billion, respectively. As a result, assets decreased ¥123.9 billion
compared with the end of the previous fiscal year, to ¥2,684.4 billion.
(Liabilities)
In liabilities, short-term borrowings increased ¥163.4 billion, but bonds, including current portion of bonds,
long-term borrowings and Accrued pension and liability for retirement benefits decreased ¥60.0 billion, ¥196.2
billion and ¥35.4 billion, respectively. As a result, liabilities decreased ¥142.8 billion compared with the end of
the previous fiscal year, to ¥1,544.8 billion.
(Net assets)
In net assets, dividend payments recorded ¥14.1 billion and foreign currency translation adjustments
decreased ¥45.2 billion. Net income was ¥66.7 billion. As a result, net assets increased ¥18.8 billion
compared with the end of the previous fiscal year, to ¥1,139.6 billion.
Consequently, the ratio of total equity to total assets increased 2.5% compared with the end of the previous
fiscal year, to 41.2%.

(3) Qualitative Information on Projections of Consolidated Results

There are no changes in consolidated projections announced on August 6, 2010.

5

Bridgestone Corporation (5108)

First three quarters results of fiscal 2010

2. Other Information(1) Overview of changes in significant subsidiaries during the third quarter
Not applicable(2) Overview of application of simplified and special accounting treatments
1) Simplified treatment(Calculation for depreciation of tangible fixed assets)
Mainly, based on a plan that takes account of the acquisition, sale and removal of fixed assets during the
fiscal year, the scheduled amount of depreciation on a consolidated basis for the fiscal year was
allocated.
2) Special treatment(Calculation for income tax expense)
Income tax expense (including its deferral recognition in the same line) was calculated based upon an
estimated effective tax rate for fiscal 2010.
(3) Overview of changes in accounting principles, procedures and method of presentation
Starting from the third quarter, the companies adopt the “Accounting Standard for Business
Combinations” (ASBJ Statement No.21 of December 26, 2008), the “Accounting Standard for Consolidated
Financial Statements” (ASBJ Statement No.22 of December 26, 2008), the partial amendments to the“Accounting Standard for Research and Development Costs” (ASBJ Statement No.23 of December 26,2008), the “Accounting Standard for Business Divestitures” (ASBJ Statement No.7 of December 26, 2008)
the “Accounting Standard for the Equity Method of Accounting for Investments” (ASBJ Statement No.16;
part issued on December 26, 2008), and the “Guidance on Accounting Standard for Business Combinations
and Accounting Standard for Business Divestitures” (ASBJ Guidance No.10 of December 26, 2008).

6

Bridgestone Corporation (5108)

First three quarters results of fiscal 2010

3. Consolidated Quarterly Financial Statements(1) Consolidated Balance Sheet(Yen in millions)
FY 2010 3Q(As of September 30, 2010)

FY 2009(As of December 31,2009)
Summary

AssetsCurrent Assets
Cash and deposits

138,229

158,605

Notes and accounts receivable

396,950

483,960

Short-term investments

132,131

83,915Merchandise and finished products

273,593271,935Work in process

34,80530,214

Raw materials and supplies

143,225

133,134

Other

148,472

131,110

Allowance for doubtful accounts(10,213)(18,419)

1,257,195

1,274,457

Buildings and structures, net

338,014358,029

Machinery, equipment and vehicles, net

371,855

422,175

Other, net

297,453

296,397

1,007,323

1,076,601

32,72838,654

Investments in securities

203,763214,396

Other

184,897

205,076

Allowance for doubtful accounts(1,433)(746)

Total investments and other assets

387,227

418,726

Total Fixed Assets

1,427,279

1,533,981

Total

2,684,475

2,808,439

Total Current Assets
Fixed Assets
Tangible assets

Total tangible assets
Intangible assets
Investments and other assets

7

Bridgestone Corporation (5108)

First three quarters results of fiscal 2010

(Yen in millions)
FY 2010 3Q(As of September 30, 2010)

FY 2009(As of December 31,2009)
Summary

Liabilities
Current Liabilities
Notes and accounts payable

164,425

165,289

Short-term borrowings

332,558

169,081Commercial paper

17,535

1,914

Current portion of bonds

27,22370,449923

931

Income taxes payable

24,888

11,290Accounts payable-other

100,155

135,325

Other

213,781

208,414

Total Current Liabilities

881,491

762,696

Bonds

122,010

138,827

Long-term borrowings

203,704

399,916

5,489

5,206

Accrued pension and liability for retirement
benefits

249,319284,758

Other

82,78696,237

Total Long-term Liabilities

663,310

924,945

1,544,801

1,687,641

Common stock

126,354

126,354

Capital surplus

122,629

122,647

1,072,201

1,006,859(57,239)(54,847)

Lease obligations

Long-term Liabilities

Lease obligations

Total Liabilities

Net Assets
Shareholders' equity

Retained earnings
Treasury stock-at cost

1,263,945

1,201,013

Net unrealized gain(loss) andtranslation adjustments
Net unrealized gain on
available-for-sale securities
Deferred gain(loss) on derivative
instruments

Total Shareholders’ equity

101,597

100,696

(530)

(844)

Foreign currency translation adjustments(259,506)(214,263)

Total Net unrealized gain(loss) andtranslation adjustments(158,439)(114,411)

514

336

Minority Interests

33,65333,859Total Net Assets

1,139,673

1,120,797

Total

2,684,475

2,808,439

Stock acquisition rights

8

Bridgestone Corporation (5108)(2) Consolidated Statements of Income
First Three Quarters

First three quarters results of fiscal 2010

(Yen in millions)
FY 2009 3Q(Nine months ended
September 30, 2009)

FY 2010 3Q(Nine months ended
September 30, 2010)

Net Sales

1,873,960

2,091,246

Cost of Sales

1,300,889

1,415,388

Gross profit

573,070

675,858

Goods freightage expenses

85,18588,749Advertising and promotion expenses

70,911

72,312

Salaries, allowances and bonuses

139,986

142,755

Retirement benefit expenses

15,913

13,591

Depreciation

19,063

17,943

Research and development expenses

63,96462,571

Other

165,955

164,530

Total selling, general and administrative
expenses

560,980

562,453

Operating income

12,089113,405

Interest income

2,209

2,391

Dividend income

2,355

2,286

Other

15,177

10,337

Total non-operating income

19,741

15,015Interest expense

20,341

14,349Foreign currency exchange loss

3,098

1,583

Other

17,633

11,612

Total non-operating expenses

41,072

27,545

Ordinary income(loss)(9,241)

100,875

Income(loss) before income taxes and minority
interests(9,241)

100,875

Income taxes

15,28629,499Minority interests

2,934

4,613

Net Income(loss)(27,461)

66,762

Selling, General and Administrative Expenses

Non-operating Income

Non-operating Expenses

9Bridgestone Corporation (5108)

First three quarters results of fiscal 2010

(3) Notes regarding going concern assumption
Not applicable(4) Additional Information
Information about Bridgestone Corporation and certain of its subsidiaries’ alleged cartel activities regarding
the sale of marine hoses and improper monetary payments
Since May 2007, the U.S. Department of Justice, the European Commission, the Fair Trade Commission ofJapan, and other authorities have been investigating the Company and certain of its subsidiaries in connection
with alleged international cartel activities regarding the sale of marine hoses. In February 2008, the Company
received orders from the Fair Trade Commission of Japan. The orders, which directed the Company to ceaseand desist from violating the Antimonopoly Act and to pay surcharges for violating the Act, were finalized.
Moreover, in January 2009, the Company was notified by the European Commission of its decision to impose
a fine of €58.5 million for alleged involvement in an international cartel related to the sale of marine hoses.
After careful consideration, the Company has determined that bringing the course of proceedings to an end
and subsequently focusing on the reinforcement of its compliance system and the promotion of preventive
measures are the appropriate actions to take. Therefore, the Company decided not to appeal to the Court ofFirst Instance of European Commission and has paid the imposed fine. Regarding this matter, the Company
has recorded ¥7,485 million as an expense related to the European Commission fine in the fiscal year ended
December 31, 2008. In regard to the class action lawsuit brought in the United States in connection with themarine hose cartel, a final approval of proposed settlements was granted by the Court. Further, the Company
has handled other individual civil claims in an appropriate manner. The investigation by the U.S. Department ofJustice is continuing. In the future, there is a possibility that fines will be imposed by the U.S. Department ofJustice, but at this point, there are a number of uncertain factors regarding the calculation of a specific reserve,
and as a result expenses have not been recorded. Proceedings in the other countries which have investigatedhave already been finalized.
Further, aside from the above-mentioned issue, the Company uncovered the fact that there have been
incidents of improper monetary payments to foreign agents, a part of which may have been provided to foreign
governmental officials, and other possible forms of improper payments. The Company has been able toconfirm that inappropriate payments have been identified in connection with the sale of marine hoses andother industrial products. The Company has reported the findings of its internal inquiries to the Japanese
Public Prosecutors Office and the U.S. Department of Justice. The impact that these incidents may have on
financial results is unclear at this time.

10

Bridgestone Corporation (5108)

First three quarters results of fiscal 2010(5) Segment Information
1) Information by business segment
FY 2009 First Three Quarters (Nine months ended September 30, 2009)
Diversified
Products

Tires(Yen in millions)Elimination or
Corporate

Total

Consolidated

Net sales:
External customers－

1,542,854

331,105

1,873,960

1,873,960

Inter-segment

1,305

6,368

7,674

(7,674)－

Total

1,544,159

337,474

1,881,634(7,674)

1,873,960

Operating income(loss)

14,688(2,638)12,04940

12,089FY 2010 First Three Quarters (Nine months ended September 30, 2010)
Diversified
Products

Tires(Yen in millions)Elimination or
Corporate

Total

Consolidated

Net sales:
External customers－

1,729,174

362,071

2,091,246

Inter-segment

1,459

7,194

8,654

(8,654)－

Total

1,730,634

369,266

2,099,900(8,654)2,091,246

104,019

9,436

113,456(50)

113,405

Operating income
Notes:

2,091,246

1 Business segment classifications are those used in internal administration.
2 The major products and business of each business segment are as follows:
Tires: Tires and tubes, wheels and accessories, retread material and services, auto maintenance, etc.
Diversified products: Chemical products, industrial products, sporting goods, bicycles, etc.

11

Bridgestone Corporation (5108)

First three quarters results of fiscal 2010

2) Information by geographic segment(Yen in millions)

FY 2009 First Three Quarters (Nine months ended September 30, 2009)
Japan

The
Americas

Europe

Other

Total

EliminationorCorporate

Consolidated

Net sales:－

External customers

458,263

838,321262,547

314,827

1,873,960

Inter-segment

233,236

6,655

2,078

55,800297,770(297,770)

Total

691,499

844,977

264,626

370,628

2,171,731(297,770)

1,873,960

Operating income(loss)(28,236)

22,811(13,648)

21,917

2,843

9,245

12,089FY 2010 First Three Quarters (Nine months ended September 30, 2010)
Japan

The
Americas

Europe1,873,960－(Yen in millions)
Other

Total

EliminationorCorporate

Consolidated

Net sales:－

External customers

519,386

913,215280,247

378,397

2,091,246

Inter-segment

295,884

8,720

2,189

71,441

378,235(378,235)

Total

815,271

921,935

282,437

449,838

2,469,482(378,235)

2,091,246

33,07838,472

4,801

35,180111,532

1,872

113,405

Operating income
Notes:

1 Country and area classifications are based on geographic proximity.
2 Major countries and areas included in each geographic segment are as follows:
The Americas: United States, Canada, Mexico, Venezuela, Brazil, etc.
Europe: Germany, United Kingdom, France, Italy, Spain, etc.
Other: Asia Pacific, Africa, etc.

122,091,246－

Bridgestone Corporation (5108)

First three quarters results of fiscal 2010

3) Overseas Sales
FY 2009 First Three Quarters (Nine months ended September 30, 2009)
The Americas

Europe

Other

Total

I. Overseas Sales(Yen in millions)

839,323

266,200

357,884

1,463,408

II. Net Sales(Yen in millions)

－

－

－

1,873,960

III. Overseas Sales / Net Sales (%)

44.8

14.2

19.1

78.1

FY 2010 First Three Quarters (Nine months ended September 30, 2010)
The Americas

Europe

Other

Total

I. Overseas Sales(Yen in millions)

912,963286,259

435,086

1,634,309

II. Net Sales(Yen in millions)

－

－

－

2,091,246

III. Overseas Sales / Net Sales (%)
Notes:

43.7

13.7

20.8

1 Country and area classifications are based on geographic proximity.
2 Major countries and areas included in each geographic area are as follows:
The Americas: United States, Canada, Mexico, Venezuela, Brazil, etc.
Europe: Germany, United Kingdom, France, Italy, Spain, etc.
Other: Asia Pacific, Middle East, Africa, etc.
3 Overseas sales are those of the Company and its subsidiaries in countries and areas other than Japan.

(6) Notes regarding to significant changes in the amount of shareholders’ equity
Not applicable1378.2