FY 2018
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 Knowledge
via Excellence inResearch
Promoting innovations and pioneeringstudies

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

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

Community

Collaboration
Co-Creation
with the Community－－－東北大学ビジョン2030の詳細については、HPをご参照ください－－－http://www.tohoku.ac.jp/japanese/profile/vision/

FY 2018 Topics
Following the relocation of the Graduate School of Agriculture as partof the Aobayama New Campus Development Project, the sale of the siteof Amamiya Campus reduced fixed assets. Of the amount equivalent tothe profit from the sale, the amount equivalent to capital expenditures
is recorded as capital surplus, and the amount equivalent to expenses
related to the relocation is recorded as extraordinary profit.

Fiscal Year 2018
2 018. 4 .1～2 019 . 3.31

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

80,00070,00060,00071,041

36,22350,00040,00030,00044,59949,27742,47445,58846,60347,03346,31345,603

16,664

13,808

11,894

7,357

10,923

10,702

10,544

1,145
3,825

1,345
4,273

1,297
4,719

14,163

15,371

46,083

43,124
44,7989,199

14,305

12,342

10,28920,000

1,981
4,059

1,295
3,755

1,077
4,015

10,00010,76911,397

12,869

3,702

3,821

3,527

4,650

3,422

3,359

FY2013

FY2014FY2015FY2016FY2017FY2018014,004■Grants■Grants-in-Aid for Scientiﬁc Research■Commissioned project■Cooperative research■Commissioned research■Donations
Grants for operations

Tohoku University

Financial Report 2019 (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 2018 FY 2017

FY 2018 FY 2017

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

68,80273,479Buildings

161,902 165,590

Long-term borrowings

31,83434,658

Machinery and equipment

29,39831,246

Other12,143

3,035

Books/Work of art

26,27826,198(Current liabilities)

332

Deferred inflow of grants foroperations

Investment securities

1,645

1,647

6060

4,422

1,431

Deferred inflow of donations/Deferredinflow of Sponsored Research

1,135

18,76019,269Current portion of long-termborrowings

3,433

3,123

3,313

Accounts payable

16,607

20,947

1,609

2,971

Other

4,349

7,357

Cash and deposits

43,96728,745

Net assets

Accounts receivable

10,446

11,344

Capital

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

166159）

Capital surplus

28,014

26,325receivable - university( Accounts
hospital

7,706

7,417）

Earned surplus

25,981

23,836(Other accounts receivable

2,573

3,767）

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

20,064

20,331）

Shares of subsidiaries
and associates
Other securities of subsidiaries
and associates

Other(Current assets)

Total (Liabilities )Securities
Other current assets

－－880

883

157,363 163,006(Reserve for specific purposes

1,501

1,026）(Reserve1,551

1,551）

2,864   928）(Unappropriated retained earnings
Total (Net assets)
Total (Assets)

246,188 242,354

Total (Liabilities ,Net assets) 403,551 405,361

403,551 405,361▶Balance sheet presents information about the financial position on the reporting date bypresenting all assets, liabilities and net assets.

Assets

FY 2018 FY 2017

6,068

5,524

Grants for operations

43,11644,398

Research

22,336

24,839Student fees

10,843

10,912

Medical service

26,86025,356

Revenue ofuniversity hospital

40,03638,93523,53923,730

3,238

3,163

Sponsored research/Donations

Sponsored research

16,804

17,117

Decreases in deferredinflow of assets

9,124

11,705

Personnel expenses

59,69959,787

Other grants

8,243

6,021

General administration

3,718

3,413

Grants for facilities

255

433

362

355

4,132

4,208

03

Finance costs
OtherOrdinary revenue Total 139,291 140,345

Extraordinary loss
Income for the period

135326Extraordinary profit

2,502

248

2,864928

Reversal of reserve for
specific purposes

294281▶Income statement presents information about the financial performance during a reporting periodby presenting all revenue and expenses.

FY2017364,387

40,973405,361

139,088 million Yen

FY2016374,182

1,810million Yen

150,000

200,000

250,000

300,000

350,000

400,000■Non-current assets(decrease from FY 2017)

OtherOrdinary expenses Total 139,088 139,620

Ordinary expenses

100,000

Liabilities112,781

44,582

157,363

FY2017111,173

51,832

163,006

FY2016

157,363

million Yen

120,15605,643million Yen

50,00048,600100,000

532 million Yen (decrease from FY 2017)

Education 5％

Finance costs0％(decrease from FY 2017)

Net assets
246,188million Yen
3,843million Yen(Increase from FY 2017)

150,000

200,000million Yen

246,188

FY2017

192,192

26,325 23,836

242,354

FY2016

192,192

Grants for facilities 0％

Research 16％

250,000 million Yen

200,000■Capital■Capital surplus

Medicalservice
19％

Grants foroperations 31％

Other grants 6％

Personnelexpenses
43％

Decreases indeferred inflowof assets 6％■Earned surplus

Support foreducation andresearch 2％
Sponsored research 12％

Sponsoredresearch /Donations
17％

31,886 23,194 247,273
150,000▲ 5450－Ⅴ Net increase in cash

15,222▲ 1,404

Ⅵ Cash at beginning of period

28,74530,149

Ⅶ Cash at end of period

43,96728,745

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

▶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(draft)(In millions of Yen)

FY 2018

FY 2017

Ⅰ Unappropriated retained earnings
Ⅱ Appropriated amountReserve for specific purposes

2,864

928

2,219645－928▶This statement presents information about the appropriation of unappropriated retainedearnings.

■Current liabilities

28,014 25,981

100,000▲ 5,915

Payments for the purchase of assets

Operation Cost Statement (summary)(In millions of Yen)

Other 3％

192,192

50,000▲ 15,197

E xpenditure (or income) from the acquisition (or■Current assets

FY201809,576

Ⅱ Cash flows from investing activities

ReserveGeneraladministration3％450,000 million Yen

168,756■Non-current liabilities

14,338

Income for the period

Other 0％Ordinary
expenses
FY2018FY 2017

11,561

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

Support for education
and research

403,551

41,847 416,030(In millions of Yen)

FY 2018

University Hospital and proceeds from student fees

55,29550,000Items

Ⅰ Cash flows from operating activities

Education

348,256

0

FY 2018 FY 2017

Ordinary revenue

FY2018403,551million Yen

Items

Cash Flow Statement

Payments for property expenses and personnel expenses

122,084 133,028

854

Items

(In millions of Yen)

Ordinary expenses

LandConstruction in progress

Income Statement

Revenue ofuniversity hospital
29％

Ordinaryrevenue

Ordinary revenue
Studentfees
8％139,291 million Yen
1,054 million Yen (decrease from FY 2017)

Items

FY 2018

FY 2017

Ⅰ Operating expenses

58,191

61,885

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

Ⅱ Depreciation expense not included in income statem▲ 495

9,426

Ⅲ Increase of estimated bonuses not included in income statement

507

▲ 905

Ⅳ Opportunity cost

360

772－－

58,564

71,178Ⅴ (Deduction) Amount paid to the national treasury
Ⅵ Operation cost

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