Canon Electronics Inc.
Semi-Annual Report 2019(Unaudited)
Consolidated Financial Highlights
Millions of yen（Amounts less than one million yen are truncated）
Six months of FY2018(from January 1, 2018
to June 30, 2018)

Six months of FY2019(from January 1, 2019
to June 30, 2019)

Net sales
Component

25,31324,316

Electronic Information Appliance

15,35814,751

Other

5,126

5,397

Total

45,79744,465

Profit attributable to owners of parent

4,018

3,387

Six months of FY2018(from January 1, 2018
to June 30, 2018)

Six months of FY2019(from January 1, 2019
to June 30, 2019)

Basic earnings per share

98.45 yen

82.98 yen

Diluted earnings per share――

Millions of yen（Amounts less than one million yen are truncated）
As of December 31, 2018

As of June 30, 2019

Total assets

112,997

115,781

Net assets

91,591

93,278―1―

Consolidated Quarterly Balance Sheets
Millions of yen（Amounts less than one million yen are truncated）
As of December 31, 2018

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
Other
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
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets―2―

As of June 30, 2019

19,04323,328
270
1,292
4,099
103
25,0001,797
74,934

22,66024,521
626
1,645
4,413
170
20,0002,105
76,144

10,925
2,494
3,091
15,094621
32,226
1,589

11,0452,813
2,969
15,899933
33,661
1,594

1,421
2,150
674
△0
4,246
38,062112,997

1,675
2,003
702
△0
4,381
39,637
115,781

Consolidated Quarterly Balance Sheets
Millions of yen（Amounts less than one million yen are truncated）
As of December 31, 2018

Liabilities
Current liabilities
Accounts payable - trade
Electronically 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
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―3―

As of June 30, 201911,473
544
92
1,384
1,436
378
29
264
1,402
17,00812,147
525
185
1,232
1,236
429
9
93
2,415
18,274

221
3,970
30
175
4,398
21,406

221
3,542
24
439
4,227
22,502

4,969
9,602
80,361△2,582
92,3504,969
9,602
82,089△2,546
94,114262
413△2,858△2,181
1,421
91,591
112,997

199
242△2,584△2,142
1,306
93,278
115,781

Consolidated Quarterly Statements of Income
Millions of yen（Amounts less than one million yen are truncated）
Six months of FY2018(from January 1, 2018
to June 30, 2018)
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest and dividend income
Subsidy income
Other
Total non-operating income
Non-operating expenses
Foreign exchange losses
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sales of non-current assets
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
ProfitLoss attributable to non-controlling interests
Profit attributable to owners of parent―4―

Six months of FY2019(from January 1, 2019
to June 30, 2019)45,79734,92010,876
5,306
5,570

44,46534,692
9,772
5,229
4,543

38
20
28
88

41
14
26
82

135
2
137
5,520

241
2
243
4,382

14
14

0
0

1
1
5,534
1,313
205
1,518
4,015
△24,018

1
14,381
1,040
69
1,109
3,271
△1153,387

Consolidated Quarterly Statements of Comprehensive Income
Millions of yen（Amounts less than one million yen are truncated）
Six months of FY2018(from January 1, 2018
to June 30, 2018)
ProfitSix months of FY2019(from January 1, 2019
to June 30, 2019)

4,015

3,271

18

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

0△63△134251△171136

394,1523,311

4,154

3,426

△2△115―274

Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests―5―Consolidated Quarterly Statements of Cash Flows
Millions of yen（Amounts less than one million yen are truncated）
Six months of FY2018(from January 1, 2018
to June 30, 2018)
Cash flows from operating activities
Profit before income taxes
Depreciation
Increase (decrease) in provision for bonuses
Increase (decrease) in provision for directors' bonuses
Increase (decrease) in provision for loss on order received
Increase (decrease) in net defined benefit liability
Interest and dividend income
Loss (gain) on sales and retirement of property, plant and equipment
Decrease (increase) in notes and accounts receivable - trade
Decrease (increase) in inventories
Increase (decrease) in notes and accounts payable - trade
Other, net
SubtotalInterest and dividend income received
Income taxes paid
Net cash provided by (used in) operating activities
Cash flows from investing activities
Purchase of property, plant and equipment
Proceeds from sales of property, plant and equipmentPurchase of intangible assets
Purchase of investment securities
Proceeds from sales of investment securities
Collection of loans receivable
Payments of loans receivable
Other, net
Net cash provided by (used in) investing activities
Cash flows from financing activities
Cash dividends paid
Proceeds from share issuance to non-controlling shareholders
Other, net
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period

5,534
1,345
54△20△4△853△38△13△1,810
△892
△206
133
3,228
38△1,077
2,189

4,381
1,233
51
△20△171△427△410△1,241
△734
682
584
4,298
41
△1,2273,113△1,31144△142△500△5,00092△6,818△2,2590△132△346
15,000△126
2,137△1,6331,365△0△269△74△4,972
26,134
21,161―6―

Six months of FY2019(from January 1, 2019
to June 30, 2019)△1,63135△1,596△117
3,536
18,77322,310