Canon Electronics Inc.
Semi-Annual Report 2017(Unaudited)
Consolidated Financial Highlights
Millions of yen（Amounts less than one million yen are truncated）
Six months of FY2016(from January 1, 2016 to June 30, 2016)

Six months of FY2017(from January 1, 2017 to June 30, 2017)

Component

21,692

22,932

Electronic Information Appliance

14,64813,455

Other

4,505

4,654

Total

40,846

41,042

Profit attributable to owners of parent

2,428

3,981

Six months of FY2016(from January 1, 2016 to June 30, 2016)

Six months of FY2017(from January 1, 2017 to June 30, 2017)

Net sales

Basic earnings per share

59.51 yen

97.55 yen

Diluted earnings per share――

Millions of yen（Amounts less than one million yen are truncated）
As of December 31, 2016

As of June 30, 2017

Total assets

103,171

106,663

Net assets

81,51584,396‐1‐

Consolidated Quarterly Balance Sheets
Millions of yen（Amounts less than one million yen are truncated）
As of December 31, 2016
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Lease investment assets
Merchandise and finished goods
Work in process
Raw materials and suppliesShort-term loans receivable
Deferred tax assets
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, netMachinery, equipment and vehicles, netTools, furniture and fixtures, net
LandConstruction in progress
Total property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
Deferred tax assets
OtherAllowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets
Liabilities
Current liabilities
Accounts payable - tradeElectronically recorded obligations - operating
Lease obligations
Accrued expenses
Income taxes payable
Provision for bonuses
Provision for directors' bonuses
Provision for loss on order received
Other
Total current liabilities
Non-current liabilities
Provision for directors' retirement benefits
Net defined benefit liability
Deferred tax liabilities
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Capital stock
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets‐2‐

As of June 30, 201716,27022,394
299
975
2,233
76
20,000280
1,374△063,905

19,73922,650
248
1,344
2,565
78
20,000282
1,367―
68,275

11,935
4,299
3,265
14,618290
34,4091,447

11,4634,017
3,040
14,582385
33,4901,482

565
2,060782△0
3,408
39,266103,171

669
1,921
824
△0
3,415
38,387
106,663

12,105
―
106
1,295
629
377
27
188
1,543
16,274

11,062
1,967
103
1,135
1,422
381
13
209
1,435
17,731

230
4,878
58
213
5,381
21,655

221
4,086
56
171
4,536
22,267

4,969
9,595
71,229△2,57983,215

4,969
9,595
73,986△2,57985,971203△40
719△2,645△1,762
63
81,515
103,171273―
473△2,389△1,642
66
84,396
106,663

Consolidated Quarterly Statements of Income
Millions of yen（Amounts less than one million yen are truncated）
Six months of FY2016(from January 1, 2016 to June 30, 2016)
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest and dividend income
Other
Total non-operating income
Non-operating expenses
Foreign exchange losses
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sales of non-current assets
Gain on sales of investment securities
Total extraordinary income
Extraordinary losses
Loss on sales and retirement of non-current assets
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent‐3‐

Six months of FY2017(from January 1, 2017 to June 30, 2017)40,846
31,336
9,510
4,973
4,536

41,04230,264
10,778
5,537
5,240

44
16
61

39
23
62

1,052
40
1,093
3,504

30
7
37
5,265

047
47

17
7
25

0
0
3,551
892
226
1,118
2,432
3
2,428

6
6
5,284
1,278
20
1,299
3,984
33,981

Consolidated Quarterly Statements of Comprehensive Income
Millions of yen（Amounts less than one million yen are truncated）
Six months of FY2016(from January 1, 2016 to June 30, 2016)

Six months of FY2017(from January 1, 2017 to June 30, 2017)

2,432

3,984

△13769Profit
Other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax
Total other comprehensive income
Comprehensive income―40△863△245139255△861120

1,570

4,1051,567

4,102

33

Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests‐4‐Consolidated Quarterly Statements of Cash Flows
Millions of yen（Amounts less than one million yen are truncated）
Six months of FY2016(from January 1, 2016 to June 30, 2016)

Six months of FY2017(from January 1, 2017 to June 30, 2017)

Profit before income taxes

3,551

5,284

Depreciation

1,539

1,601

Cash flows from operating activities

Increase (decrease) in provision for bonuses
Increase (decrease) in provision for directors' bonuses
Increase (decrease) in provision for loss on order received

255△21△1480

21Increase (decrease) in net defined benefit liability

△745

△790

Interest and dividend income△44△39Loss (gain) on sales and retirement of property, plant and equipment△0△11Loss (gain) on sales and valuation of investment securities△47△7Decrease (increase) in notes and accounts receivable - trade

△491

△307

Decrease (increase) in inventories

△608

△702

Increase (decrease) in notes and accounts payable - trade

1,307961Other, net

176147

Subtotal

4,722

6,148

Interest and dividend income received
Income taxes paid
Net cash provided by (used in) operating activities

4440△1,459

△521

3,308

5,667

△1,546△770

Cash flows from investing activities
Purchase of property, plant and equipment
Proceeds from sales of property, plant and equipment

078

△204

△111

Purchase of investment securities△0△0

Proceeds from sales of investment securities

1507

Purchase of intangible assets

Payments of loans receivable
Other, net
Net cash provided by (used in) investing activities△5,000-△285△98△6,885△895△1,223△1,225

Cash flows from financing activities
Cash dividends paid
Other, net
Net cash provided by (used in) financing activities△0△0△1,223△1,226△187△117

Net increase (decrease) in cash and cash equivalents△4,988

3,428

Cash and cash equivalents at beginning of period

19,18916,040Cash and cash equivalents at end of period

14,20019,469Effect of exchange rate change on cash and cash equivalents‐5‐