FY 2013
TopicsTOHOKU UN I V. Fi nancial Report

Increase of Fixed Assets
Our Fixed Assets increased as a result of the repairs to buildings
and research facilities, and preparation for the Tohoku Medical
Megabank Organization.

●We commenced eight recovery projects at the Institute for Disaster
Reconstruction and Regeneration Research in FY2013. Fixed Assets
saw a significant increase due to preparation for the Tohoku Medical
Megabank Organization.
For the first time since incorporation, ordinary expenses and revenue
amounted to over 130 billion Yen due to increased transfers including
grants and revenue arising from services rendered by Tohoku
University Hospital.
●We have been repairing buildings and research facilities which weredamaged by the Great East Japan Earthquake since FY2011.Expenses
for the repairs of buildings and equipment decreased due to having
progressed in our recovery.

7.9

billion Yen(Increase fromFY2012)

6.5

billion Yen(Increase fromFY2012)

Institute for Disaster Reconstruction and Regeneration Research（In millions of Yen)

As an university located at the center of the disaster-affected area,
Tohoku University will continue to play a leading role in reconstructing Tohoku
and in revitalizing Japan.
Mission1

Contributing to post-disaster reconstruction and regional regeneration

Mission2

Missions Creating a multidisciplinary center of excellence for post-disaster reconstruction
Mission3   

Establishing a cross-disciplinary research organization to conduct problem-solving
projects
Schemes that can respond ﬂexibly tovarious needs(possibilities)TOHOKU UNIVERSITY
Financial Report−Digest−Financial Statements Items

FY2011 FY2012 FY2013

Balance Sheet

Assets387,005

424,497471,664

Liabilities

180,608

204,333

246,734

Net assets

206,396

220,164

224,930

Income Statement Expenses

130,046

134,045

139,697

Ordinary expenses

Fiscal Year 2013

Cooperation with national and local governments(contribution to reconstruction vision /plans through One-stop Services)

Institute for Disaster
Reconstruction andRegeneration Research

Extraordinary loss

2 013 . 4 .1〜2 014 . 3 . 31

Government
Ministerial agencies
Local Governments
Citizens

Center for gathering the collective wisdom offoreign and Japanese institutions

Project 4 ICT Reconstruction Project
Project 5 Tohoku Marine Science Project
Project 6 Radioactive Decontamination
Project
Project 7 Regional Industries Restoration
Support Project
Project 8 Industry-University Collaboration
Development Project for Reconstruction＋Improvement of infrastructure andother facilities
Industrial reconstruction andresearch and development

136,198

142,635(126,213) (128,479) (140,974)(7,718)(1,660)

160

122

17

2,470

2,275

2,955

352

-28

Operating activities

42,47322,93036,787

Investing activities▲ 33,105▲ 4,326▲ 8,878

Financing activities▲ 4,725

3,771▲ 7,663

Cash at beginning of period

23,152

27,79550,170Cash at end of period

27,79550,17070,416

Operation Cost Statement Operation cost

70,70073,97478,294

Statement of Comparison Receipts
of Budget and ActualPayments
Amounts

170,094

186,767

180,576

145,110168,921

176,407

24,985

17,847

4,170

Cash Flow
Statement

Recovery and reconstruction activities
Disaster prevention and mitigation
measures132,356

Ordinary revenue

Provision of reserve for specific purposes

Survey and understanding extentof damage

Project 3 Project for Environmental
EnergyRevenue

Income for the period

Relief activities for affected people

Project 2 Project for the Reconstructionof Community Health Care

(1,718)(6,143)Eight Projects/Reconstruction Action 100＋
Project 1 International Research Projects
on Disaster Science(7,610)

Reversal of reserve for specific purposes

Reconstruction Action 100 ＋Tohoku UniversityFinancial Report (Digest)
Contact us

Account Settlement office,Finance Department,Tohoku University
1-1 Katahira 2-chome,Aobaku, Sendai 980-8577 JAPANURL http://www.bureau.tohoku.ac.jp/kessan/zaimu/zaimu.html(122,849) (126,434) (137,978)(7,196)Extraordinary profit

Related Institutions / Companies
In Japan and abroad

Eight Projects

TOHOKU UN I V. Financial Report

Financial Highlights for FY2013(Increase fromFY2012)

Increase of Grants
Grants increased as a result of the commencement of research
activities such as eight projects at the Institute for Disaster
Reconstruction and Regeneration Research.

Financial Highlights
for FY2013

31.9
billion Yen

Increase in Research Budget
Our research budget increased as a result of the recovery projects
which have commenced, such as the Project for the Reconstructionof Community Health Care.

TOHOKU UNIVERSITY
Financial Report

Net receipts (Receipts - Payments)*Amounts less than one unit are omitted.

TOHOKU UNIVERSITY Finansial Report －Digest－

TOHOKU UNIV. Financial Report

Cash Flow Statement(summary)

Balance Sheet (summary)Items

FY 2013This section
presents cashflows throughbusiness activities
of education andresearch, etc.

Ⅰ Cash flows from operating activities

This section presents
cash flows through"the investment
for establishmentof managementfoundation".

Ⅱ Cash flows from investing activities

This section
presents cash
flows aboutborrowings,etc.

36,787FY 201222,930 ayments for raw materials, goods andP
service
Payments for personnel expenses
Proceeds from grants for operations
Proceeds from student fees

▲8,878▲ 4,326

Payments for time deposits
P u r c h a s e o f p r o p e r t y, p l a n t a n dequipment and intangible assets
Proceeds from grants for facilities

Ⅲ Cash flows from financing activities

3,771

Repayment of long-term borrowings
Repayment of finance lease liabilities
Proceeds from issue of share capitalⅣ Effect of exchange rate change on cash

(In millions of Yen)

Items

Items

FY 2013 FY 2012

FY 2013 FY 2012

AssetsLiabilities(Non-current assets)(Non-current liabilities)

Land

133,780 134,561

Deferred inflow of assets 119,226

90,411

Buildings

129,156 117,834

Long-term borrowings

36,63439,917

Machinery and equipment

59,13352,810

Other

5,219

7,488

Books/Work of art

25,28525,399(Current liabilities)

Construction in progress

30,947

17,542

Other

3,381

1,559

(Current assets)▲7,663416734

Earned surplus

15,567

12,634

Ⅶ Cash at end of period

70,41650,170tion

20%

ExternalFunds（FY2013）funds carried forward from( Reserve
previous mid-term plan period

5,488    5,488)(Reserve for specific purposes

2,086    2,108)(Reserve

5,036    2,761)(Unappropriated retained earnings

2,955    2,275)
224,930 220,164

Total (Liabilities ,Net assets) 471,664 424,497

71

Companies,
Central Governments,
Local Governments

Grants36,223 million Yen（Include Indirect Expenses
103 million Yen）

The Grants are provided forspeciﬁc businesses of national
universities by government.

rationGplica（Ministry of Education, Culture, Sports,
Science and Technology・Ministry ofEconomy, Trade and Industry）

Ap

Central Government

ntbillion Yen

51%

Co

ntr

acts

Sponsored Research/
Sponsored Operations

246,734million Yen

381,685

74,789 424,497

319,833

FY2011050,000■Non-current assets

On Sponsored Research andOperations in various forms,universities and Industries
cooperate with each other.

224,930million Yen4,766million Yen(increase from FY 2012)

4,328

Other

67,171 387,005■Current assets

3,081

Other

Ordinary expenses Total 137,978 126,434

Ordinary revenue Total

Extraordinary loss

7,610

Extraordinary profit

2,275

Reversal of reserve for
specific purposes

Income for the period

1,718
2,955

140,974 128,479
1,660

7,718

17122

Income statement presents information about the financial performance during a reporting period bypresenting all revenue and expenses.

FY2013161,080

FY201285,653

137,777

66,555

111,435

FY2011050,000

69,172100,000

150,000

Other 0％Generaladministration3％

Ordinary expenses 137,978 million Yen
Education 4％

300,000

11,544 million Yen (increase from FY 2012)

FY2013

192,720

16,642 15,567 224,930

FY2012

192,720

14,809 12,634 220,164

FY2011

180,220050,000

100,000

Grants forfacilities 0％

Ordinaryexpenses■ Current liabilities

350,000 million Yen

14,462 11,713 206,396
150,000

200,000

Personnel
expenses
40％
Sponsored
research 9％

Grants for operations
30％

Other grants
12％

Medical service
17％
Support for
education andresearch 2％

Decreases indeferred inflowof assets 9％■ Earned surplus

250,000 million Yen

68,119Ⅱ Depreciation expense not included in income statement
Ⅲ Increase of estimated bonuses not included inincome statement
Ⅳ Increase of estimated retirement benefit notincluded in income statement
Ⅴ Opportunity cost

5,872

6,197

▲ 344

▲ 213

▲ 540

▲ 1,804

2,241

1,675

Opportunity cost of transactions of decreased or free-ofcharge usage fees of the central or local governments
Opportunity cost of contributions from the government of Japan

Ⅵ (Deduction) Amount paid to the national treasury
Ⅶ Operation cost——78,294

73,974

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

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

FY 2013

Ⅰ Unappropriated retained earnings

Reserve
Reserve for specific purposes

FY 2012

2,955

2,275

2,927
28

2,275
−

This statement presents information about the appropriation of unappropriated retained earnings.

Sponsored
research /Donations
13％(FY2004-FY2009)

Reserve funds carriedforward from previous
mid-term plan period
5,488 million Yen

Ordinaryrevenue
Studentfees
8％Ordinary revenue 140,974 million Yen12,495 million Yen (increase from FY 2012)

In FY 2013, Tohoku University spent 22 million yen from reserves for thespecific purpose of preparing the welfare guidance institution which includes
improvement of the quality of education research.

1st mid-termplan period■ Capital■ Capital surplus

This section
presents
opportunity costs
that are favorable incomparison with theprivate sector whenusing the assets ofgovernment, etc.

69,985

Expenses in income statement
Operating expenses
General and administrative expenses(Deduction) Non-subsidy revenue,etc
Student fees
Revenue of university hospital
Sponsored researchReversal of reserve for specific purposes in FY 2013180,608
250,000

This section presents
the increase ofburden on citizens
that is not included inincome statement.

Ⅰ Operating expenses

Research 24％

204,333

200,000

This section
presents theburden on
citizens in income
statement by
deducting nonsubsidy revenue.

FY 2013 FY 2012

Income for the period■ Non-current liabilities

246,734

Items

Ⅱ Appropriated amount

Other 3％42,401million Yen(increase from FY 2012)

Net assets

4,250

Finance costs

23,325100,000 150,000 200,000 250,000 300,000 350,000 400,000 450,000 500,000 million Yen16,810 million Yen（Include Indirect Expenses
2,308 million Yen）

271

89,979 471,664

349,707

FY2012(increase from FY 2012)

Liabilities

532

Finance costs 1％

47,167million Yen

24%

10,07922

Other current assets

lica

16,606

927,795

Balance sheet presents information about the financial position on the reporting date by presenting all
assets, liabilities and net assets.

The Grants-in-Aid are provided
to researchers for the purposeof developing academic
research in various ﬁelds frombasic to application.

9,750

954

50,170are used to fulﬁll research andeducation activities.

12,435818

Ⅵ Cash at beginning of periodD

16,298Grants for facilities

Net assets
14,8095%

19,0093,289

6,470 )

246,734 204,333

16,642

App

3,412

3,799

6,773

471,664million Yen

34,236

General administration

receivable - university(Accounts
hospital

Total (Liabilities )192,720 192,720

The donations made from35,335Sponsored research /Donations

Other grants

167 )Capital surplus

ion companies and local residents

22,14756,053160

Capitalaton

10,911

55,909(Accounts receivable - student fees

6,086 )

t10,834

Revenue of universityhospital

Personnel expenses

3,507

11,160anStudent fees

10,91729,757

3,980

3,300

Gr

24,694

12,927

47,121

Other

8,911

14,305 million Yen

32,627Sponsored research

Accounts payable

12,725

Total (Net assets)（Include Indirect Expenses
3,201 million Yen）

Research

Decreases in deferredinflow of assets(Other accounts receivable

Donations42,603

3,752

Securities

3,702 million Yen

41,970

3,773—

Grants-in-Aid for
Scientiﬁc Research

Grants for operations

Current portion of long-termborrowings

50,170FY2013

4,942

Support for education
and research

15,845

Assets5,479

Medical service

22,374

Private persons,companies

Education

17,615—Government

Ordinary revenue

11,922

20,246（Ministry of Education, Culture, Sports,
Science and Technology・Ministry ofHealth, Labour and Welfare・Japan
Society for the Promotion of Science）

Ordinary expenses(In millions of Yen)

FY 2013 FY 2012

18,42570,416471,664 424,497

Items

FY 2013 FY 2012

12,353

Cash and deposits

Total (Assets)

Items

Deferred inflow of donations/Deferredinflow of Sponsored Research

Accounts receivable

The Cash flow statements is a cash basis report and presents each cash inflow and cash outflowof "operating, investing, and financing activities".

(In millions of Yen)

Deferred inflow of grants foroperations

Ⅴ Net increase in cash

■ External Funds

Operation Cost Statement (summary)

Income Statement (summary)(In millions of Yen)

2nd mid-termplan period(FY2010-FY2015)

Revenue ofuniversity hospital 25％

Reserve forspeciﬁc purposes
2,108 million Yen

Reversal of reserve
for speciﬁc purposes
in FY 2013−

Acquisition of assets−

Carryforward
to FY2014
5,488 million Yen

Other expenses−

Reversal of reserve
for speciﬁc purposesin FY 2013
22 million Yen

Acquisition of assets
5 million Yen

Carryforward
to FY2014
2,086 million Yen

Other expenses
17 million Yen