Business Results for the 1st Half
ended May 31, 2015

July 16, 2015

Overview

Quarterly Financial Results and Forecast

OperatingIncome㻢Net Sales * FY2014 do not include the effect of FY period change of overseas consolidated subsidiaries.
㻢㻜(Billions of yen)㻡㻠㻚㻥㻡㻡㻚㻣㻺㼑㼠㻌㻿㼍㼘㼑㼟㻡㻞㻚㻤 㻡㻞㻚㻟㻡㻝㻚㻢㻻㼜㼑㼞㼍㼠㼕㼚㼓㻌㻵㼚㼏㼛㼙㼑㻠㻣㻚㻞㻠㻣㻚㻟㻠㻡㻚㻡㻡㻚㻞㻠㻟㻚㻞㻡㻚㻜㻟㻥㻚㻡㻠㻜㻠㻚㻝㻞㻚㻤㻞㻜

㻠㻚㻢

㻠㻚㻟

㻠㻚㻟

㻠

㻠㻚㻝

㻞㻚㻥㻞

㻞㻚㻟

㻜0㻜
㻝㻟㻛㻝㻽

㻞㻽

㻟㻽

㻠㻽

㻝㻠㻛㻝㻽

㻞㻽

㻟㻽

㻠㻽

㻝㻽

㻞㻽

FY2014FY2013

㻟㻽㻠㻽

FY2015FY2015 1st Half Results & Full Year Forecast

Overview* FY2014 do not include the effect of FY period change of overseas consolidated subsidiaries.

㻔㻮㼕㼘㼘㼕㼛㼚㼟㻌㼛㼒㻌㼥㼑㼚㻕䠢䠵䠎䠌䠍䠑䠢䠵䠎䠌䠍䠐㻝㼟㼠㻌㻴㼍㼘㼒㻲㼡㼘㼘㻌㼅㼑㼍㼞䠄㼞㼍㼠㼑㻌㼛㼒㻌㼕㼚㼏㼞㼑㼍㼟㼑䠅㻺㼑㼠㻌㻿㼍㼘㼑㼟䠄䠇䠓㻚䠎㻑䠅䠍䠌䠌㻚䠍䠎䠌䠓㻚䠐䠍䠌䠓㻚䠏㼇䠕㻚䠑㻑㼉㻌㻌䠕㻚䠑 㼇䠔㻚䠓㻑㼉㻌䠍䠔㻚䠌 㼇䠕㻚䠌㻑㼉㻌㻌㻌䠕㻚䠒㼇䠔㻚䠕㻑㼉㻌㻌䠔㻚䠕 㼇䠔㻚䠒㻑㼉㻌䠍䠓㻚䠔 㼇䠔㻚䠐㻑㼉㻌㻌㻌䠕㻚䠌䠐㻚䠏䠕㻚䠑㼇䠕㻚䠍㻑㼉㻌䠎䠌㻚䠑䠄䠇䠕㻚䠍䠂䠅䠄䠇䠏䠎㻚䠏㻑䠅㻺㼑㼠㻌㻵㼚㼏㼛㼙㼑䠎䠎䠑㻚䠌䠄䠇䠍䠏㻚䠑䠂䠅䠄䠇䠌㻚䠕㻑䠅㻻㼞㼐㼕㼚㼍㼞㼥㻌㻵㼚㼏㼛㼙㼑㻲㼡㼘㼘㻌㼅㼑㼍㼞㻌㻲㼛㼞㼑㼏㼍㼟㼠㼟䠄䠇䠔㻚䠐㻑䠅䠄䠇䠍㻚䠎㻑䠅㼇㼜㼞㼛㼒㼕㼠㻌㼞㼍㼠㼕㼛㻌㼛㼚㻌㼚㼑㼠㻌㼟㼍㼘㼑㼟㼉㻻㼜㼑㼞㼍㼠㼕㼚㼓㻌㻵㼚㼏㼛㼙㼑㻝㼟㼠㻌㻴㼍㼘㼒㼇䠔㻚䠓㻑㼉㻌䠍䠕㻚䠑䠄䠇䠎䠒㻚䠎䠂䠅䠑㻚䠓䠍䠎㻚䠌

Mid-term Business Plan and Long-term Vision Overview
Net Sales

Mid-term Plan

Long-term Vision

䠄FY2016䠅

䠄FY2020䠅

Net Sales䠎䠑䠌.䠌

䠐䠌䠌.䠌

OperatingIncome䠎䠑.䠌

䠒䠌.䠌

㻡㻜㻞㻡㻜㻚㻜㻠㻜㻠㻜㻜㻟㻜㻜㻿㼍㼘㼑㼟㻻㼜㼑㼞㼍㼠㼕㼚㼓㻌㻵㼚㼏㼛㼙㼑㻞㻜㻜㻝㻢㻢㻚㻜㻝㻣㻞㻚㻞㻞㻝㻤㻚㻞䠘Main Policy䠚
Increasing Net Sales㻝㻣㻡㻚㻢㻞㻡㻚㻜㻞㻜㻚㻡㻟㻜

Release new products
Expand production system
Strengthen oversea sales dept. 㻞㻜㻝㻠㻚㻢㻝㻜㻚㻢㻢㻜㻢㻜㻚㻜㻞㻞㻡㻚㻜㻝㻤㻚㻡㻝㻜㻜

Operating(Billions of yen) Income㻠㻜㻜㻚㻜㻝㻞㻚㻟Complete cost down
Decrease variable expenses

㻝㻜

Improve productivity㻜㻜㻝㻝㻝㻞㻝㻟㻝㻠

㻝㻡㻝㻢㻝㻣㻝㻤

㻝㻥㻞㻜

Release new products ~Robot~

Overview

The world’s fastest compact robot “MZ04”
Expansion of demand for industrial robots
Robots replace workers in factories,
electrical and electronics industry, and etc.
Miniaturizing, safing, and improving operation

Release new products ~Cutting Tools~

Overview

Tap Develop and launch new series
Carbide drill䠖Carbide drill
䞉Expand Sizes andAdd Series

䞉Extend domestic share, and expand
business to US, and China
䞉Combine sales with Tap new series

Release new products ~Hydraulic Equipment~ Overview
Hydraulic Equipments forConstruction Machine

For construction machine䠖
Extending market share in US,
Europe and China
For industrial machine䠖Entering global OEM market

Energy saving Compact
Hydraulic UnitStrengthen overseas sales dept.

Nachi Europe

NACHI (SHANGHAI)

Overview

Nachi America

Increasing the number of sales staff
China䠖x4, US and Euro䠖x1.5䠄vs. FY2010䠅
Expanding and improving Sales facilities
Expand exhibition hall, and service center

Nachi Singapore
Expand the production system
NACHI CZECHNACHI (JIANGSU) INDUSTRIESNACHI KG TECHNOLOGY INDIA

NACHI TECHNOLOGY THAILAND

Overview
NACHI TECHNOLOGYNACHI TOOL AMERICANACHI TECHNOLOGY MEXICO

Reorganization of domestic factory

Overview

Toyama plant᳈ദᧉіኵ‫ܤ‬μᴖᴵᴘᴈᴜᴶᴰᴱᛢ᠆༏ᛢȭȜȃȈ᠆Ӗᚾ᬴ᄂᆮ

ᴏᴶᴄᴯᴐᴔᴈᴓᴈᴫᴛᴇᴐ

0#%*+%1/2᳆':Ⴧᆰ

߻φᴜᴶᴰᴱᛢஜ᫾҅ᧉ

Robot area3#.CD᠆#$ᛢ-QJMK*CNNೞᏡᴍᴤᴀᴕ

᠆ᴯᴔᴶᴉᴱᛢǢǯȭǹᴪᴇᴏᴧᴔᴝᴰᴈ߻˺‫ݱ‬ཋȭȜ൦ࣱ᠆ች݅ᛢឬᄒᛢഫЏ߻φ߻‫ئ‬

ᴳᴦᴶᴇᴜૼ߻‫ئ‬ᴳᴦᴶᴇᴜᴔᴕᴛᴩ

ᴜᴶᴰᴱᛢ

ᴯᴔᴶᴉᴱ
ᛢ
ᴤᴶᴳᴈᴙᛢ

ᴓᴈᴫᴛᴇᴐ
ᴗᴱᴜ

ᴧᴔᴝᴰᴈ߻˺‫ٻ‬ཋCutting tool area
ᴤᴶᴳᴈᴙᛢ

ᴤᴶᴳᴈᴙᛢ

ᴤᴶᴳᴈᴙᛢ

ᴌᴠᴱᴏᴶᴈᛢ

᠆ྶ᩿ᛢ

ᴯᴔᴶᴉᴱ
ᛢ

᠆#$ᛢഫЏ߻φᛢ‫٭‬ᩓ৑҄‫ܖ‬

ᴧᴔᴝᴰᴈ߻˺ೞ

Bearing area

᠆ᴯᴔᴶᴉᴱᛢ
ᴧᴔᴝᴰᴈ߻˺ೞኵᇌ᠆ྶ᩿ᛢ
ǳȭ᠆Ӗ༏ϼྸᛢᴐᴶᴰᴈᴵᴬᴈᴜᴶཋ්ሥྸᴖᴵᴘᴈ

Reduction in cost rate
䞉Clarification of the business area
䞉Construction of integrated production line
䞉Sequential set up of new automation line᠆ӖӖλ౨௹᠆,4ᛢ᠆᲻Ჽᛢ

᠆ች݅ᛢᇹʚ߻‫ئ‬ཋ්ረඹ

Reorganization of domestic factory᠆ᚾ˺ҤᧉᴝᴙᴧᴔᴝᴰᴈᴌᴵᴔᴶᴞᴉᴰᴵᴐᴶOverview

Renewal open of exhibition hall in Oct. 2015

Focusing on robots which has been paid attention fromdomestic and foreign users
Demonstrate the various and practical automation linesFor Long-term Vision
Net sales(Billions of yen)㻠㻜㻜Overview
Operating Income㻢㻜

To double in net sales,prepare 4M; man, method,material and machine㻡㻜㻺㼑㼠㻌㻿㼍㼘㼑㼟㻻㼜㼑㼞㼍㼠㼕㼚㼓㻌㻵㼚㼏㼛㼙㼑㻟㻜㻜㻠㻜㻞㻡㻜㻚㻜㻞㻝㻤㻚㻞㻞㻜㻜㻞㻞㻡㻚㻜㻟㻜㻞㻡㻚㻜㻝㻣㻡㻚㻢 㻝㻤㻚㻡 㻞㻜㻚㻡㻝㻢㻢㻚㻜 㻝㻣㻞㻚㻞㻝㻟㻠㻚㻤㻝㻠㻚㻢㻝㻜㻚㻢㻝㻜㻣㻚㻡 㻤㻚㻞㻞㻜㻝㻞㻚㻟㻝㻜㻝㻜㻜㻜䕧㻟㻚㻞㻜䕧㻝㻜FY 㻜㻥㻝㻜㻝㻝㻝㻞㻝㻟㻝㻠㻝㻡㻝㻢㻝㻣㻝㻤㻝㻥㻞㻜Consolidated Financial Highlights of FY2015 1st Half FY2015 1st Half䈜 FY2014 do not include the effect of FY period change of overseas consolidated subsidiaries. (Billions of yen)㻲㼅㻞㻜㻝㻠㼟㼠㻝 㻴㼍㼘㼒 㻔㻭㻕䚾㼞㼑㼟㼡㼘㼠㻌㼕㼚㻌㼞㼑㼜㼛㼞㼠㼕㼚㼓䚿㻲㼅㻞㻜㻝㻡㼟㼠㻝 㻴㼍㼘㼒㻔㻮㻕䚾䠍䠍䠌㻚䠕䚿䚾䕧䠏㻚䠎㻑䚿䈜㻺㼑㼠㻌㻿㼍㼘㼑㼟䠍䠌䠌㻚䠍䠍䠌䠓㻚䠏䚾䠍䠌㻚䠌䚿㻻㼜㼑㼞㼍㼠㼕㼚㼓㻌㻵㼚㼏㼛㼙㼑䠕㻚䠑㻔䠕㻚䠌㻑㻕䠕㻚䠒䚾䠕㻚䠐䚿䠔㻚䠕㻔䠔㻚䠕㻑㻕㻔䠔㻚䠐㻑㻕䠕㻚䠌䚾䠐㻚䠓䚿䠇䠌㻚䠌䠄䠇䠌㻚䠕㻑䠅䚾䠇䠎䠌㻚䠏㻑䚿䈜㻺㼑㼠㻌㻵㼚㼏㼛㼙㼑䠇䠌㻚䠍䠄䠇䠍㻚䠎㻑䠅䚾䕧䠐㻚䠔㻑䚿䈜㻻㼞㼐㼕㼚㼍㼞㼥㻌㻵㼚㼏㼛㼙㼑䠇䠓㻚䠍㻔䠇䠓㻚䠎㻑㻕䚾䕧䠏㻚䠕㻑䚿䈜

㻔䠕㻚䠑㻑㻕㻵㼚㼏㼞㼑㼍㼟㼑㻛㻰㼑㼏㼞㼑㼍㼟㼑㻌㻔㻯㼔㼍㼚㼓㼑㻌㻾㼍㼠㼑㻕㻔㻮㻕㻌䇵 㻔㻭㻕䠐㻚䠏䠑㻚䠓䠄䠇䠏䠎㻚䠏㻑䠅 䠇䠍㻚䠏

Quarterly Financial Results

FY2015 1st Half

* FY2014 do not include the effect of FY period change of overseas consolidated subsidiaries.

(Billions of yen)㻢㻜㻢㻺㼑㼠㻌㻿㼍㼘㼑㼟㻻㼜㼑㼞㼍㼠㼕㼚㼓㻌㻵㼚㼏㼛㼙㼑㻡㻚㻞㻠㻚㻝㻠㻚㻟㻠㻚㻟㻡㻚㻜㻠㻚㻢㻠㻚㻝㻡㻜㻠㻞㻚㻤㻞㻚㻥㻟㻡㻠㻚㻥㻞㻚㻟㻠㻜䡚䡚㻡㻡㻞㻚㻟㻠㻟㻚㻞㻠㻡㻚㻡㻡㻡㻚㻣㻡㻝㻚㻢㻞㻡㻞㻚㻤㻠㻣㻚㻟㻠㻣㻚㻟㻝㻟㻥㻚㻡㻟㻜㻜㻜㻝㻟㻛㻝㻽㻞㻽㻟㻽㻠㻽㻝㻠㻛㻝㻽㻞㻽㻟㻽㻠㻽㻝㻡㻛㻝㻽㻞㻽



Sales by Region and Market Segment
Sales by region(Billions of yen)Sales by market

䠍䠍䠌㻚䠕

䠍䠌䠓㻚䠏

Effect of FY change䠍䠌.䠓

FY2015 1st HalfEurope 䠑.䠑

䕧䠔㻚䠒㻑Europe 䠒.䠌
America 䠍䠍.䠐America 䠍䠐.䠔䠇䠎䠔㻚䠔㻑

Asia 䠎䠐.䠍

Asia 䠎䠔.䠔

䠇䠍䠕㻚䠎㻑㻶㼍㼜㼍㼚㻌䠑䠔㻚䠐㻶㼍㼜㼍㼚㻌䠑䠔㻚䠎䕧䠌㻚䠐㻑䠍䠍䠌㻚䠕
Effect of FY change䠍䠌.䠓

䠍䠌䠓㻚䠏Energy andInfrastructure䠎䠎.䠔䠇䠍䠔㻚䠔㻑

Industrialmachinery/Market䠎䠓.䠓

Industrialmachinery/Market䠎䠕.䠔

䠇䠓㻚䠒㻑Automobile䠑䠏㻚䠏

Automobile䠑䠐㻚䠓䠇䠎㻚䠒㻑Energy andInfrastructure
䠍䠕.䠎


㻲㼅㻞㻜㻝㻠㻲㼅㻞㻜㻝㻡㻲㼅㻞㻜㻝㻠㻲㼅㻞㻜㻝㻡

1st half

1st half

1st half

1st half

Sales and Operating Income by Business Segments



FY2015 1st Half

* FY2014 do not include the effect of FY period change of overseas consolidated subsidiaries. (Billions of yen)㻹㼍㼏㼔㼕㼚㼑㼞㼥㻌㻒㻌㼀㼛㼛㼘㻔㻑㻕㻔㻮㻕䠉㻔㻭㻕䠍䠑㻚䠎䠍䠒㻚䠒䠄䠇䠔㻚䠒㻑䠅 䠇䠍㻚䠏㻹㼍㼏㼔㼕㼚㼑㻌㼀㼛㼛㼘㼟䠍䠌㻚䠏䠔㻚䠓䠄䕧䠍䠒㻚䠍㻑䠅 䕧䠍㻚䠒㻾㼛㼎㼛㼠㼟䠓㻚䠔䠍䠌㻚䠓䠄䠇䠏䠓㻚䠎㻑䠅 䠇䠎㻚䠕㻺㼑㼠㻌㻿㼍㼘㼑㼟䠏䠏㻚䠐䠏䠒㻚䠌䠄䠇䠓㻚䠒㻑䠅 䠇䠎㻚䠑䠄䠍䠌㻚䠌㻑䠅䠏㻚䠏䠄䠍䠍㻚䠌㻑䠅䠏㻚䠕 䠄䠇䠍䠔㻚䠏㻑䠅 䠇䠌㻚䠒㻮㼑㼍㼞㼕㼚㼓㼟䠏䠒㻚䠔䠏䠔㻚䠔䠄䠇䠑㻚䠐㻑䠅 䠇䠎㻚䠌㻴㼥㼐㼞㼍㼡㼘㼕㼏 㻱㼝㼡㼕㼜㼙㼑㼚㼠䠎䠍㻚䠎䠎䠏㻚㻣䠄䠇䠍䠍㻚䠔㻑䠅 䠇䠎㻚䠑㻺㼑㼠㻌㻿㼍㼘㼑㼟䠑䠔㻚䠍䠒䠎㻚䠒䠄䠇䠓㻚䠓㻑䠅 䠇䠐㻚䠐䠐㻚䠓䠄䕧䠔㻚䠕㻑䠅 䕧䠌㻚䠐䠔㻚䠑䠔㻚䠒䠄䠇䠍㻚䠏㻑䠅 䠇䠌㻚䠍䠌㻚䠔 䠄䠍䠍㻚䠍㻑䠅䠌㻚䠕䠄䠇䠕㻚䠌㻑䠅 䠇䠌㻚䠌䠍䠌䠓㻚䠏䠄䠇䠓㻚䠎㻑䠅 䠇䠓㻚䠍䠕㻚䠒䠄䠇䠍㻚䠎㻑䠅 䠇䠌㻚䠍㻻㼜㼑㼞㼍㼠㼕㼚㼓㻌㻵㼚㼏㼛㼙㼑㻹㼍㼠㼑㼞㼕㼍㼘㼟㻌㻒㻌㻻㼠㼔㼑㼞㼟㻲㼅㻞㻜㻝㻡㻝㼟㼠 㻴㼍㼘㼒㻔㻮㻕㻯㼡㼠㼠㼕㼚㼓㻌㼀㼛㼛㼘㼟㻻㼜㼑㼞㼍㼠㼕㼚㼓㻌㻵㼚㼏㼛㼙㼑㻯㼛㼙㼜㼛㼚㼑㼚㼠㼟㻵㼚㼏㼞㼑㼍㼟㼑㻛㻰㼑㼏㼞㼑㼍㼟㼑㻌㻲㼅㻞㻜㻝㻠㻝㼟㼠 㻴㼍㼘㼒 㻔㻭㻕䠄䠕㻚䠌㻑䠅㻺㼑㼠㻌㻿㼍㼘㼑㼟㻻㼜㼑㼞㼍㼠㼕㼚㼓㻌㻵㼚㼏㼛㼙㼑䠄䠍䠌㻚䠏㻑䠅㼀㼛㼠㼍㼘㻌㻺㼑㼠㻌㻿㼍㼘㼑㼟㼀㼛㼠㼍㼘㻌㻻㼜㼑㼞㼍㼠㼕㼚㼓㻌㻵㼚㼏㼛㼙㼑䠑㻚䠎䠄䠓㻚䠒㻑䠅䠍䠌䠌㻚䠍䠄䠕㻚䠒㻑䠅䠕㻚䠑䠄䠕㻚䠌㻑䠅Factors for Change in Operating Income FY2015 1st Half
* FY2014 do not include the effect of FY period change of overseas consolidated subsidiaries.
(Billions of yen)

(Profit up 4.8 billion yen)
(Profit down 4.7 billion yen)Effect of exchange
rate; +1.5

Price down;-1.0
Raw materials up;-0.6

Improved operating
capacity; +1.7

Increase in fixed cost and SGA; -3.1
Cost reductions;+1.6+0.1 billion yen



䡚
䡚

㻥㻚㻡㻥㻚㻢

㻲㼅㻞㻜㻝㻠

㻲㼅㻞㻜㻝㻡

1st half

1st half㻜Consolidated Financial Data

FY2015 1st Half
(Billions of yen)㻲㼅㻞㻜㻝㻠㻲㼅㻞㻜㻝㻡㻝㼟㼠 㻴㼍㼘㼒 㻔㻭㻕㻝㼟㼠 㻴㼍㼘㼒㻔㻮㻕㻵㼚㼏㼞㼑㼍㼟㼑㻛㻰㼑㼏㼞㼑㼍㼟㼑㻌㻔㻮㻕㻌䇵 㻔㻭㻕䠮䠫䠡䠍䠎㻚䠌䠂䠍䠍㻚䠕䠂䕧䠌㻚䠍 㼜㼛㼕㼚㼠㼀㼛㼠㼍㼘㻌㻭㼟㼟㼑㼠㼟䠎䠎䠍㻚䠐䠎䠒䠔㻚䠐䠇䠐䠓㻚䠌㻿㼠㼛㼏㼗㼔㼛㼘㼐㼑㼞㻓㼟㻌㼑㼝㼡㼕㼠㼥㻌㻔㼟㼠㼛㼏㼗㼔㼛㼘㼐㼑㼞㻓㼟㻌㼑㼝㼡㼕㼠㼥㻌㼞㼍㼠㼕㼛㻕㻵㼚㼠㼑㼞㼑㼟㼠㻙㼎㼑㼍㼞㼕㼚㼓㻌㼐㼑㼎㼠㻔㻺㼑㼠㻌㻰㻛㻱㻌㼞㼍㼠㼕㼛㻕䠄䠏䠒㻚䠏㻑䠅䠔䠌㻚䠐䠄䠏䠓㻚䠍㻑䠅䠕䠕㻚䠒䠇䠍䠕㻚䠎䠄㼄䠌㻚䠑䠅䠑䠔㻚䠑䠄㼄䠌㻚䠑䠅䠓䠍㻚䠑䠇䠍䠏㻚䠌㻯㼍㼜㼍㼏㼕㼠㼥㻌㼕㼚㼢㼑㼟㼠㼙㼑㼚㼠㻌䠔㻚䠔䠍䠌㻚䠒䠇䠍㻚䠔㻰㼑㼜㼞㼑㼏㼕㼍㼠㼕㼛㼚㻌㼍㼚㼐㻌㼍㼙㼛㼞㼠㼕㼦㼍㼠㼕㼛㼚䠑㻚䠓䠒㻚䠎䠇䠌㻚䠑㻺㼡㼙㼎㼑㼞㻌㼛㼒㻌㼑㼙㼜㼘㼛㼥㼑㼑㼟䠒㻘䠎䠓䠌䠒㻘䠐䠌䠕䠇䠍䠏䠕㻱㼤㼏㼔㼍㼚㼓㼑㻌㼞㼍㼠㼑㻌㻌㻌㻌㻔㼁㻿㻰㻕㻔㻱㼡㼞㼛㻕䠍䠌䠍㼥㼑㼚䠍䠏䠕㼥㼑㼚䠍䠍䠕㼥㼑㼚䠍䠏䠑㼥㼑㼚18 yen depreciation
against USD
4 yen appreciation
against EuroConsolidated Financial Highlights of FY2015 PlanFY2015

䈜 FY2014 do not include the effect of FY period change of overseas consolidated subsidiaries. (Billions of yen)㻲㼅㻞㻜㻝㻡㻲㼛㼞㼑㼏㼍㼟㼠㻔㻮㻕㻲㼅㻞㻜㻝㻠㻔㻭㻕䚾㼞㼑㼟㼡㼘㼠㻌㼕㼚㻌㼞㼑㼜㼛㼞㼠㼕㼚㼓䚿䚾䠎䠍䠔㻚䠎䚿㻺㼑㼠㻌㻿㼍㼘㼑㼟䠎䠌䠓㻚䠐䚾䠇䠏㻚䠍㻑䚿䈜䠎䠎䠑㻚䠌䚾䠍䠔㻚䠑䚿㻔䠔㻚䠓㻑㻕䠍䠔㻚䠌㻔䠕㻚䠍㻑㻕䠎䠌㻚䠑䚾䠍䠔㻚䠐䚿㻻㼞㼐㼕㼚㼍㼞㼥㻌㻵㼚㼏㼛㼙㼑䠍䠓㻚䠔㻔䠔㻚䠓㻑㻕䠍䠕㻚䠑䚾䠕㻚䠕䚿㻺㼑㼠㻌㻵㼚㼏㼛㼙㼑䈜䠕㻚䠑䠇䠍䠓㻚䠑䠄䠇䠍䠏㻚䠑㻑䠅 䠇䠎㻚䠐䚾䠇䠑㻚䠕㻑䚿䈜㻔䠔㻚䠒㻑㻕㻔䠇䠔㻚䠐㻑㻕䚾䠇䠍䠌㻚䠐㻑䚿䈜㻻㼜㼑㼞㼍㼠㼕㼚㼓㻌㻵㼚㼏㼛㼙㼑㻵㼚㼏㼞㼑㼍㼟㼑㻛㻰㼑㼏㼞㼑㼍㼟㼑㻌㻔㻯㼔㼍㼚㼓㼑㻌㻾㼍㼠㼑㻕㻔㻮㻕㻌䇵 㻔㻭㻕䠄䠇䠕㻚䠍㻑䠅䠇䠍㻚䠒䚾䠇䠎䠌㻚䠔㻑䚿䠍䠎㻚䠌䠄䠇䠎䠒㻚䠎㻑䠅 䠇䠎㻚䠐Sales by Region and Market Segment
Sales by region(Billions of yen)䠎䠍䠔㻚䠎
Effect of FY change



䠍䠌.䠓
Europe 䠍䠍.䠓Sales by market

䠎䠎䠑㻚䠌

䠎䠍䠔㻚䠎

Europe 䠍䠍.䠑Effect of FY change䕧䠎㻚䠏㻑
America 䠏䠍.䠑 䠇䠎䠒㻚䠔㻑America 䠎䠐.䠔

FY2015Asia 䠒䠎.䠌

䠇䠍䠔㻚䠏㻑

Asia 䠑䠎.䠐



䠎䠎䠑㻚䠌

䠍䠌.䠓

Energy and 䠇䠍䠑㻚䠑㻑Infrastructure
䠐䠓.䠌

Energy andInfrastructure
䠐䠌.䠓

Industrial
machinery/Market䠒䠎.䠌

Industrial
machinery/Market䠑䠒.䠔䠇䠕㻚䠎㻑Japan 䠍䠎䠌㻚䠌Japan 䠍䠍䠔㻚䠐䠇䠍㻚䠐㻑

Automobile䠍䠍䠒㻚䠌

Automobile䠍䠍䠌㻚䠌䠇䠑㻚䠑㻑㻲㼅㻞㻜㻝㻠㻲㼅㻞㻜㻝㻡㻲㼅㻞㻜㻝㻠㻲㼅㻞㻜㻝㻡Result

Forecast

ResultForecast



FY2015

Sales and Operating Income by Business Segments* FY2014 do not include the effect of FY period change of overseas consolidated subsidiaries. (Billions of yen)㻲㼅㻞㻜㻝㻠㻔㻭㻕㻹㼍㼏㼔㼕㼚㼑㼞㼥㻌㻒㻌㼀㼛㼛㼘㻔㻑㻕㻔㻮㻕䠉㻔㻭㻕䠏䠌㻚䠒䠏䠐㻚䠑䠄䠇䠍䠎㻚䠐㻑䠅 䠇䠏㻚䠔㻹㼍㼏㼔㼕㼚㼑㻌㼀㼛㼛㼘㼟䠎䠐㻚䠍䠍䠕㻚䠌䠄䕧䠎䠍㻚䠏㻑䠅 䕧䠑㻚䠍㻾㼛㼎㼛㼠㼟䠍䠓㻚䠐䠎䠎㻚䠌䠄䠇䠎䠒㻚䠐㻑䠅 䠇䠐㻚䠒㻺㼑㼠㻌㻿㼍㼘㼑㼟䠓䠎㻚䠎䠓䠑㻚䠑㻔䠇䠐㻚䠑㻑㻕㻌㻌㻌䠇䠏㻚䠎䠄䠕㻚䠍㻑䠅䠒㻚䠑䠄䠍䠌㻚䠓㻑䠅䠔㻚䠍 䠄䠇䠎䠏㻚䠐㻑䠅 䠇䠍㻚䠑㻮㼑㼍㼞㼕㼚㼓㼟䠓䠐㻚䠐䠔䠎㻚䠌䠄䠇䠍䠌㻚䠍㻑䠅 䠇䠓㻚䠑㻴㼥㼐㼞㼍㼡㼘㼕㼏 㻱㼝㼡㼕㼜㼙㼑㼚㼠䠐䠏㻚䠎䠐䠕㻚䠑䠄䠇䠍䠐㻚䠒㻑䠅 䠇䠒㻚䠎㻺㼑㼠㻌㻿㼍㼘㼑㼟䠍䠍䠓㻚䠓䠍䠏䠍㻚䠑㻔䠇䠍䠍㻚䠓㻑䠅 䠇䠍䠏㻚䠓䠍䠌㻚䠏䠄䠇䠔㻚䠑㻑䠅 䠇䠌㻚䠔䠍䠔㻚䠌㻔䠇䠎㻚䠑㻑㻕䠇䠌㻚䠐䠎㻚䠍㻔䠇䠔㻚䠕㻑㻕䠇䠌㻚䠍㻻㼜㼑㼞㼍㼠㼕㼚㼓㻌㻵㼚㼏㼛㼙㼑㻹㼍㼠㼑㼞㼕㼍㼘㼟㻌㻒㻌㻻㼠㼔㼑㼞㼟㻵㼚㼏㼞㼑㼍㼟㼑㻛㻰㼑㼏㼞㼑㼍㼟㼑㻌㻯㼡㼠㼠㼕㼚㼓㻌㼀㼛㼛㼘㼟㻻㼜㼑㼞㼍㼠㼕㼚㼓㻌㻵㼚㼏㼛㼙㼑㻯㼛㼙㼜㼛㼚㼑㼚㼠㼟㻲㼅㻞㻜㻝㻡㻲㼛㼞㼑㼏㼍㼟㼠㼟㻌㻔㻮㻕䠄䠔㻚䠍㻑䠅㻺㼑㼠㻌㻿㼍㼘㼑㼟㻻㼜㼑㼞㼍㼠㼕㼚㼓㻌㻵㼚㼏㼛㼙㼑䠄䠓㻚䠔㻑䠅䠍䠓㻚䠑䠄䠍䠍㻚䠌㻑䠅㼀㼛㼠㼍㼘㻌㻺㼑㼠㻌㻿㼍㼘㼑㼟㼀㼛㼠㼍㼘㻌㻻㼜㼑㼞㼍㼠㼕㼚㼓㻌㻵㼚㼏㼛㼙㼑䠕㻚䠐䠍㻚䠕䠄䠍䠍㻚䠓㻑䠅䠎䠎䠑㻚䠌䠎䠌䠓㻚䠐䠄䠔㻚䠓㻑䠅䠍䠔㻚䠌䠄䠕㻚䠍㻑䠅㻔䠇䠔㻚䠐㻑㻕㻌㻌䠇䠍䠓㻚䠑䠎䠌㻚䠑 䠄䠇䠍䠏㻚䠑㻑䠅 䠇䠎㻚䠐Factors for Change in Operating Income

FY2015* FY2014 do not include the effect of FY period change of overseas consolidated subsidiaries.

(Profit up 10.3 billion yen)(Billions of yen)㻟㻜Cost reductions;+3.2

㻞㻡(Profit down 7.8 billion yen)
Increase in fixed cost and SGA; -4.0

Raw materials up;-1.3

Improved operating
capacity; +4.8

Price down;-2.5+2.5 billion yen
Effect of exchange
rate; +2.3

㻞㻜㻞㻜㻚㻡㻝㻡㻝㻤䡚䡚㻝㻜㻜㻲㼅䠎䠌䠍䠐㻲㼅䠎䠌䠍䠑ResultForecast

Consolidated Financial Data

FY2015(Billions of yen)㻲㼅㻞㻜㻝㻠㻔㻭㻕㻲㼅㻞㻜㻝㻡㻲㼛㼞㼑㼏㼍㼟㼠㻔㻮㻕㻵㼚㼏㼞㼑㼍㼟㼑㻛㻰㼑㼏㼞㼑㼍㼟㼑㻌㻔㻮㻕㻌䇵 㻔㻭㻕䠮䠫䠡䠍䠍㻚䠔䠂䠍䠎㻚䠍䠂䠇䠌㻚䠏 㼜㼛㼕㼚㼠㼀㼛㼠㼍㼘㻌㻭㼟㼟㼑㼠㼟䠎䠑䠑㻚䠒䠎䠓䠓㻚䠌䠇䠎䠍㻚䠏䠄䠏䠑㻚䠔㻑䠅䠕䠍㻚䠑䠄䠏䠔㻚䠏㻑䠅 䠍䠌䠒㻚䠌䠇䠍䠐㻚䠐䠄㼄䠌㻚䠐䠅䠒䠐㻚䠍䠄㼄䠌㻚䠐䠅䠓䠍㻚䠑䠇䠓㻚䠏㻿㼠㼛㼏㼗㼔㼛㼘㼐㼑㼞㻓㼟㻌㼑㼝㼡㼕㼠㼥㻌㻔㼟㼠㼛㼏㼗㼔㼛㼘㼐㼑㼞㻓㼟㻌㼑㼝㼡㼕㼠㼥㻌㼞㼍㼠㼕㼛㻕㻵㼚㼠㼑㼞㼑㼟㼠㻙㼎㼑㼍㼞㼕㼚㼓㻌㼐㼑㼎㼠㻔㻺㼑㼠㻌㻰㻛㻱㻌㼞㼍㼠㼕㼛㻕㻯㼍㼜㼍㼏㼕㼠㼥㻌㼕㼚㼢㼑㼟㼠㼙㼑㼚㼠㻌䠎䠌㻚䠒䠎䠌㻚䠌䕧䠌㻚䠒㻰㼑㼜㼞㼑㼏㼕㼍㼠㼕㼛㼚㻌㼍㼚㼐㻌㼍㼙㼛㼞㼠㼕㼦㼍㼠㼕㼛㼚䠍䠍㻚䠓䠍䠏㻚䠌䠇䠍㻚䠎㻺㼡㼙㼎㼑㼞㻌㼛㼒㻌㼑㼙㼜㼘㼛㼥㼑㼑㼟䠒㻘䠎䠕䠒䠒㻘䠐䠑䠌䠇䠍䠑䠐㻱㼤㼏㼔㼍㼚㼓㼑㻌㼞㼍㼠㼑㻌㻌㻌㻌㻔㼁㻿㻰㻕㻔㻱㼡㼞㼛㻕䠍䠌䠏㼥㼑㼚䠍䠏䠕㼥㼑㼚䠍䠍䠓㼥㼑㼚䠍䠏䠎㼥㼑㼚

14 yen depreciation
against USD
7 yen appreciation
against EuroTo Accomplish Our Mid-term Business PlanFY2015(Billions of yen)㻲㼅䠎䠌䠍䠐
㻾㼑㼟㼡㼘㼠

㻲㼅䠎䠌䠍䠑
㻲㼛㼞㼑㼏㼍㼟㼠

䠎䠎䠑㻚䠌

䠎䠍䠔㻚䠎

㻺㼑㼠㻌㻿㼍㼘㼑㼟㻲㼅䠎䠌䠍䠒㻹㼕㼐㻙㼠㼑㼞㼙㻌㻼㼘㼍㼚䠎䠑䠌㻚䠌㻻㼜㼑㼞㼍㼠㼕㼚㼓㻌㻵㼚㼏㼛㼙㼑㻔䠔㻚䠑㻑㻕䠍䠔㻚䠑㻔䠕㻚䠍㻑㻕䠎䠌㻚䠑㻔䠍䠌㻚䠌㻑㻕䠎䠑㻚䠌㻻㼞㼐㼕㼚㼍㼞㼥㻌㻵㼚㼏㼛㼙㼑㻔䠔㻚䠐㻑㻕䠍䠔㻚䠐㻔䠔㻚䠓㻑㻕

䠍䠕㻚䠑㻔䠕㻚䠒㻑㻕䠎䠐㻚䠌㻺㼑㼠㻌㻵㼚㼏㼛㼙㼑䠕㻚䠕䠍䠎㻚䠌㻯㼍㼜㼍㼏㼕㼠㼥㻌㼕㼚㼢㼑㼟㼠㼙㼑㼚㼠

䠎䠌㻚䠒

䠎䠌㻚䠌

㻺㼡㼙㼎㼑㼞㻌㼛㼒㻌㼑㼙㼜㼘㼛㼥㼑㼑㼟

䠒㻘䠎䠕䠒

䠒㻘䠐䠑䠌

㻱㼤㼏㼔㼍㼚㼓㼑㻌㼞㼍㼠㼑 㻔㻐㻛€㻕䠍䠌䠏㼥㼑㼚㻛䠍䠏䠕㼥㼑㼚䠍䠍䠓㼥㼑㼚㻛䠍䠏䠎㼥㼑㼚

䠍䠒㻚䠌



㼔䡐䡐䡌㻦㻛㻛㼣㼣㼣㻚㼚㼍㼏㼔㼕㻙㼒㼡㼖㼕㼗㼛㼟㼔㼕㻚㼏㼛㻚㼖㼜㻛

These materials describe our future earnings forecasts and business plans,
and are based on the assumption of an economic environment andbusiness policies that remain fixed as they are now. Therefore, please
note that actual earnings are subject to numerous factors, including
market fluctuations and currency fluctuations, which may result in adifferent earnings forecast.

