Summary of Consolidated Business Results for Fiscal 2020
July 15, 2021
Toyo Denki Seizo K.K.
Stock Exchange: 1st Section of the Tokyo Stock Exchange
6505
URL
https://www.toyodenki.co.jp
Akira Watanabe, President
Toshihito Nakanishi, Operating Officer, General Manager, Management Planning Division
TEL: +81-35202-8122
Scheduled date of convention of ordinary general meeting of shareholders: August 27, 2021
Scheduled date of commencement of dividend payments: August 30, 2021
Scheduled date of submission of financial report: August 30, 2021
Preparation of financial report supplemental explanatory materials: Yes
Holding of financial results briefing: Yes
Company Name:
Stock Code:
Representative:
Inquiries:(Note: Amounts less than one million yen in financial statements and supplementary data are rounded down.)

1.

Consolidated Business Results for Fiscal 2020 (June 1, 2020, to May 31, 2021)(1) Consolidated Operating Results(Percentage figures show year-on-year increase or decrease.)
Net Sales
Fiscal 2020
Fiscal 2019

Operating Income

Net Income Attributable to
Owners of the Parent

Ordinary Income

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

33,14339,071(15.2)
(5.1)

423
1,068

(60.3)
91.5

757
1,207

(37.3)
143.5

977
1,081

(9.6)
56.7

Fiscal 2020
Fiscal 201994 million yen [-%]
(351) million yen [-%]

(Note) Comprehensive income:Net Income per
Share
Fiscal 2020
Fiscal 2019

Diluted Net Income
per Share (Yen)Net Income to
Shareholders’Equity Ratio

Ordinary Income toTotal Assets Ratio

Operating Income
to Net Sales Ratio

Yen

Yen

%

%

%

109.38120.98

-

4.1
4.4

1.4
2.1

1.3
2.7

(Reference) Equity method investment gain or loss for:Fiscal 2020
Fiscal 2019(4) million yen(39) million yen(2) Consolidated Financial Position
Total Assets

Shareholders’ Equity
Ratio

Net Assets per Share

Millions of yen

Millions of yen%

Yen

51,96755,16524,00824,18346.2
43.8

2,685.28
2,704.61

Fiscal 2020
Fiscal 2019
(Reference) Shareholders’ equity:

Net Assets

Fiscal 2020
Fiscal 201924,008 million yen
24,183 million yen(3) Consolidated Cash Flows
Cash Flow fromOperating Activities

Fiscal 2020
Fiscal 2019

Cash Flow from
Investing Activities

Cash Flow from
Financing Activities

Cash and Cash
Equivalents at the End of
the Fiscal Year

Millions of yen

Millions of yen

Millions of yen

Millions of yen

1,776
2,148

(155)
41

(971)
(1,126)

3,964
3,293

- 1 -

2.

Dividend Information
Annual DividendInterim

1Q
Fiscal 2019
Fiscal 2020
Fiscal 2021
(Forecast)3.

3Q

Fiscal YearEnd

Total

Total Annual
Dividends

Dividend
Payout Ratio(consolidated)

Dividend on
Equity Ratio(consolidated)

Yen

Yen

Yen

Yen

Yen

Millions of yen

%

%

-

0.00
0.00

-

30.00
30.00

30.00
30.00

268
268

24.8
27.4

1.1
1.1

-

-

-

30.00

30.00

33.5

Consolidated Performance Forecast for Fiscal 2021 (June 1, 2021 to May 31, 2022)(Percentage figures show year-on-year increase or decrease.)

Net SalesFirst 6 months
Full year

Operating Income

Ordinary Income

Net Income
Attributable to
Owners of the
ParentNet Income per
ShareMillionsof yen%Millionsof yen%Millionsof yen%Millionsof yen%Yen

15,00034,000(10.3)
2.6

(100)
450

6.2

50
700

(85.9)
(7.6)

150
800

(66.8)(18.2)

16.78
89.48

* Notes:(1) Transfers of major subsidiaries during the period (transfers of specified subsidiaries accompanied by changes in the scope of
consolidation): No
Newly included: - companies (name of the company)

Excluded: - companies (name of the company)(2)

Changes in accounting policies, changes in accounting estimates, and restatement(a) Changes in accounting policies in accordance with revisions to accounting standards and related practices: No(b) Any changes other than (a) above: No(c) Changes in accounting estimates: No(d) Restatement: No(3)

Shares outstanding (common stock)(a) Number of shares outstanding as of the endof the period (including treasury stock):

Fiscal 2020

9,735,000 sharesFiscal 2019

9,735,000 shares(b) Number of shares of treasury stock as ofthe end of the period:

Fiscal 2020

794,128 sharesFiscal 2019

793,403 shares(c) Average number of shares for the period(fiscal year-to-date)Fiscal 2020

8,941,272 sharesFiscal 2019

8,941,814 shares- 2 -(Reference) Non-Consolidated Financial Statements
1. Non-Consolidated Business Results for Fiscal 2020 (June 1, 2020, to May 31, 2021)(1) Non-Consolidated Operating Results(Percentage figures show year-on-year increase or decrease.)
Net Sales
Fiscal 2020
Fiscal 2019

Operating Income

Ordinary Income

Net Income

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

28,47033,263(14.4)
(1.6)

(52)
261

-

728
956

(23.8)
180.4

1,150
880

30.7
24.5

Net Income per Share
Fiscal 2020
Fiscal 2019

Diluted Net Income per
Share

Yen

Yen

128.6898.42-(2) Non-Consolidated Financial Position
Total Assets
Fiscal 2020
Fiscal 2019
(Reference) Shareholders’ equity:

Net Assets

Shareholders’ Equity
Ratio

Net Assets per Share

Millions of yen

Millions of yen%

Yen

48,137
51,12519,856
19,86941.2
38.92,220.82
2,222.15

Fiscal 2020
Fiscal 201919,856 million yen
19,869 million yen**

The Summary of Consolidated Business Results is not subject to auditing by a certified public accountant or audit firm.
Disclaimer concerning the proper use of business results forecasts and other relevant specific items
The forecasts for business results presented in this document are based on management’s assumptions and beliefs in light ofcurrently available information. Toyo Denki Seizo K.K. (hereinafter Toyo Denki) cautions readers that due to a variety of factors
actual results may differ materially from forecasts. Please refer to “(4) Outlook in 1. Overview of business results, etc.” on page 3
for details relating to performance forecasts.

*

This report is an abridged translation of the Japanese summary of consolidated business results, which has been prepared inaccordance with accounting principles generally accepted Japan, for reference purpose- 3 -Summary of Consolidated Business Results for Fiscal 2020 Toyo Denki Seizo K.K. (6505)

3.

Consolidated Financial Statements(1) Consolidated Balance Sheets(Millions of yen)
Fiscal 2019
(As of May 31, 2020)
AssetsCurrent assets
Cash and cash equivalents
Trade notes and accounts receivable
Electronically recorded monetary claims - operating
Products and finished goods
Work in process
Raw materials and stored goods
Advances
Other accounts receivable
Other
Allowance for doubtful accounts
Total current assets
Fixed assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation
Buildings and structures, net
Machinery and equipment
Accumulated depreciation
Machinery and equipment, net
LandConstruction in progress
Other
Accumulated depreciation
Other, net
Total property, plant and equipment
Intangible assets
Software
Software in progress
Other
Total intangible assets
Investments and other assets
Investment securities
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total fixed assets
Total assets- 4 -Fiscal 2020
(As of May 31, 2021)

3,293
14,135
1,538
756
3,424
2,996
13
39
86
(0)
26,284

3,964
13,218
901
514
3,565
2,821
7
114
196
(2)
25,30012,269(5,515)
6,753
8,179(7,120)
1,059
1,301
86
4,654
(3,929)724
9,925

12,338(5,928)6,410
8,397(7,430)
966
1,301
24
4,857
(4,234)
622
9,325

462
14
14
490

289
14
303

15,434
170
2,865
(6)
18,46328,88055,165

13,832
223
2,988
(6)
17,037
26,666
51,967

Summary of Consolidated Business Results for Fiscal 2020 Toyo Denki Seizo K.K. (6505)(Millions of yen)
Fiscal 2019
(As of May 31, 2020)
Liabilities
Current liabilities
Trade notes and accounts payable
Electronically recorded obligations - operating
Short-term debt
Accrued expenses
Income taxes payable
Consumption and other taxes payable
Advances received
Deposits received
Reserve for directors’ bonuses
Reserve for employees’ bonuses
Reserve for order losses
Other
Total current liabilities
Long-term liabilities
Long-term debt
Long-term payables
Deferred tax liabilities
Net defined benefit liability
Other
Total long-term liabilities
Total liabilities
Net assets
Shareholders’ equity
Capital stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders’ equity
Accumulated other comprehensive income
Unrealized holding gains on available-for-sale securities
Foreign currency translation adjustments
Adjustments of defined benefit plans
Total accumulated other comprehensive income
Total net assets
Total liabilities and net assets- 5 -Fiscal 2020
(As of May 31, 2021)

2,224
5,877
2,207
606
334
310
45
198
36
876
732
218
13,669

1,668
4,705
2,085
611
161
207
34
193
36
827
871
224
11,62812,344
25
930
4,010
3
17,31230,981

11,759
17
427
4,124
1
16,33027,958

4,998
3,177
11,610(1,280)18,505

4,998
3,177
12,320(1,281)
19,214

5,727
79
(129)
5,677
24,18355,165

4,803
88
(97)
4,793
24,00851,967

Summary of Consolidated Business Results for Fiscal 2020 Toyo Denki Seizo K.K. (6505)(2) Consolidated Statements of Income and Comprehensive Income
Consolidated Statements of Income

Net Sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating Income
Non-operating income
Interest income
Dividend income
Foreign exchange gains
Insurance claim income related to disaster
Subsidy income
Miscellaneous income
Total non-operating income
Non-operating expenses
Interest expenses
Foreign exchange losses
Commission fee
Equity in loss of unconsolidated subsidiaries and affiliates
Disaster recovery expenses
Loss on disposal of fixed assets
Miscellaneous loss
Total non-operating expenses
Ordinary Income
Extraordinary income
Gain on sales of investment securities
Total extraordinary income
Extraordinary loss
Loss on valuation of investment securities
Total extraordinary losses
Income before income taxes
Income taxes: Current
Income taxes: Deferred
Total income taxes
Net Income
Net Income Attributable to Owners of the Parent- 6 -Fiscal 2019
(June 1, 2019, to May 31,
2020)
39,07130,828
8,242
7,174
1,068

(Millions of yen)
Fiscal 2020
(June 1, 2020, to May 31,
2021)
33,14325,805
7,338
6,914
423

1
233
—
104
40
60
439

0
202
133
34
40
56
467

83
56
3
39
79
5
32
300
1,207

67
3
4
5
53
133
757

447
447

407
407

1
1
1653
577
(5)
571
1081
1,081

1,164
352
(165)
186
977
977

Summary of Consolidated Business Results for Fiscal 2020 Toyo Denki Seizo K.K. (6505)

Consolidated Statements of Comprehensive Income

Net Income
Other comprehensive income
Unrealized holding gains on available-for-sale securities
Foreign currency translation adjustments
Adjusted amounts of defined benefit plans
Share of other comprehensive income of affiliates to which
the equity method is applied
Total other comprehensive income
Comprehensive income
Comprehensive income attributable to:
Owners of the parent
Non-controlling interests- 7 -Fiscal 2019
(June 1, 2019, to May 31,
2020)
1,081
(1,448)
(12)
62
(34)

(Millions of yen)
Fiscal 2020
(June 1, 2020, to May 31,
2021)
977
(924)
(6)
32
14

(1,433)
(351)

(883)
94

(351)
—

94
-

Summary of Consolidated Business Results for Fiscal 2020 Toyo Denki Seizo K.K. (6505)(3) Consolidated Statements of Changes in Net Assets
For the fiscal year ended May 31, 2020 (June 1, 2019, to May 31, 2020)(Millions of yen)
Shareholders’ equity
Treasury stock

Total
shareholders’equity10,797(1,280)17,693

-

(268)

-

(268)

-

-

1,081

-

1,081

Acquisition of treasury stock

-

-

-

(0)

(0)

Net changes in items otherthan shareholders’ equity

-

-

-

-

-

-

-

813

(0)

812

4,998

3,177

11,610(1,280)18,505Adjustments ofdefined benefit
plans

Total
accumulated
othercomprehensive
incomeTotal net assets

Capital stock

Capital surplus

4,998

3,177

Distribution of retained
earnings-

Net Income Attributable to
Owners of the Parent

Balance as of the beginning of
the fiscal period under review

Retainedearnings

Change during fiscal period
under review

Total change during fiscal period
under review
Balance as of the end of fiscal
period under review

Accumulated other comprehensive income
Unrealized
holding gains
on availablefor-salesecurities
Balance as of the beginning of
the fiscal period under review

Foreigncurrencytranslation
adjustments

7,176

126

(192)

7,110

24,804

Distribution of retained
earnings

-

-

-

-

(268)

Net Income Attributable to
Owners of the Parent

-

-

-

-

1,081

Acquisition of treasury stock

-

-

-

-

(0)

Change during fiscal period
under review

Net changes in items otherthan shareholders’ equity(1,448)(47)

62(1,433)(1,433)

Total change during fiscal period
under review(1,448)(47)

62(1,433)(620)

Balance as of the end of fiscal
period under review

5,727

79

(129)

5,677

24,183- 8 -Summary of Consolidated Business Results for Fiscal 2020 Toyo Denki Seizo K.K. (6505)

For the fiscal year ended May 31, 2021 (June 1, 2020, to May 31, 2021)(Millions of yen)
Shareholders’ equity
Treasury stock

Total
shareholders’equity11,610(1,280)18,505

-

(268)

-

(268)

-

-

977

-

977

Acquisition of treasury stock

-

-

-

(0)

(0)

Net changes in items otherthan shareholders’ equity

-

-

-

-

-

-

-

709

(0)

708

4,998

3,177

12,320(1,281)

19,214

Adjustments ofdefined benefit
plans

Total
accumulated
othercomprehensive
incomeTotal net assets

Capital stock

Capital surplus

4,998

3,177

Distribution of retained
earnings-

Net Income Attributable to
Owners of the Parent

Balance as of the beginning of
the fiscal period under review

Retainedearnings

Change during fiscal period
under review

Total change during fiscal period
under review
Balance as of the end of fiscal
period under review

Accumulated other comprehensive income
Unrealized
holding gains
on availablefor-salesecurities
Balance as of the beginning of
the fiscal period under review

Foreigncurrencytranslation
adjustments

5,727

79

(129)

5,677

24,183Distribution of retained
earnings

-

-

-

-

(268)

Net Income Attributable to
Owners of the Parent

-

-

-

-

977

Acquisition of treasury stock

-

-

-

-

(0)

Change during fiscal period
under review

Net changes in items otherthan shareholders’ equity

(924)

8

32

(883)

(883)

Total change during fiscal period
under review

(924)

8

32

(883)

(174)

Balance as of the end of fiscal
period under review

4,803

88

(97)

4,793

24,008- 9 -Summary of Consolidated Business Results for Fiscal 2020 Toyo Denki Seizo K.K. (6505)(4) Consolidated Statements of Cash Flows(Millions of yen)
Fiscal 2019
(June 1, 2019, to May 31,
2020)

Cash Flow from Operating Activities
Income before income taxes
Depreciation and amortization
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in reserve for employees’ bonuses
Increase (decrease) in net defined benefit liability
Interest and dividends income
Interest expenses
Insurance claim income related to disaster
Subsidy income
Disaster recovery expenses
Loss (gain) on sales of investment securities
Decrease (increase) in notes and accounts receivable-trade
Decrease (increase) in inventories
Increase (decrease) in trade notes
Increase (decrease) in reserve for order losses
Increase (decrease) in advances received
Increase (decrease) in accrued expenses
Increase (decrease) in consumption and other taxes payable
Other
SubtotalInterest and dividends income received
Interest expenses paid
Insurance claim income related to disaster received
Subsidy received
Disaster recovery expenses paid
Refund of (Payments for) corporate and other taxes
Cash Flow from Operating Activities
Cash Flow from Investing Activities
Purchases of property, plant and equipment
Purchases of intangible assets
Purchases of investment securities
Proceeds from sales of investment securities
Payments of loans receivableCollection of loans receivable
Payments for investments in capital of subsidiaries
Other
Cash Flow from Investing Activities
Cash Flow from Financing Activities
Increase (decrease) in short-term loans payable, net
Repayment of long-term debt
Purchase of treasury stock
Cash dividends paid
Other
Cash Flow from Financing Activities
Effect of exchange rate change on cash and cash equivalents
Increase (decrease) in cash and cash equivalents
Balance of cash and cash equivalents at the beginning of the period
Balance of cash and cash equivalents at the end of the period- 10 -

Fiscal 2020
(June 1, 2020, to May 31,
2021)

1,653
1,487
(7)
57
138
(235)
83

1,164
1,413
2
(49)
97
(202)
67

(104)
(40)
79
(447)
(64)
372
(481)
166
(13)
(64)
(268)
104
2,418
235
(91)
104
40
(79)
(477)
2,148

(34)
(40)
(407)
1,567
274
(1,743)
142
(11)
(14)
(103)
16
2,138
210
(68)
34
40
(580)
1,776

(647)
(33)
(14)
1,132
(26)
(338)
(31)
41

(548)
(43)
(14)
693
(111)
11
(88)
(53)
(155)

(287)
(568)
(0)
(268)
(1)
(1,126)
(10)
1,053
2,240
3,293

(83)
(617)
(0)
(268)
(1)
(971)
21
670
3,293
3,964

Summary of Consolidated Business Results for Fiscal 2020 Toyo Denki Seizo K.K. (6505)(5) Notes on Consolidated Financial Statements(Notes on Going Concern Assumption)
Not applicable(Segment Information)[Segment Information]
1. Outline of reporting segments
The reporting segments of the Group are components for which discrete financial information is available and whose
operating results are regularly reviewed by the Board of Directors to make decisions about resource allocation and toassess performance.
The Group establishes business units by product and each business unit designs domestic and overseas comprehensive
strategies for its products and develops business activities. Accordingly, the Group consists of three reporting segments
by product based on the business units, which are Transportation Systems, Industrial Systems, and Information Equipment
Systems.
[Details of each segment]•
Transportation Systems
Manufacturing, sales and related construction for electrical equipment used in rail vehicles, alternative rail vehicles,
and special purpose vehicles, as well as electric storage systems for railway applications, etc.
•

Industrial Systems
Manufacturing, sales and related construction for systems for industrial production and processing facilities,
automobile testing systems, power generation and source systems, water supply and sanitation equipment systems,
electrical equipment used in automobiles, etc.

•

Information Equipment Systems
Manufacturing, sales and related construction services for station operating equipment systems, remote monitoring
systems and information systems equipment, etc.

2. Basis for calculating net sales, profit (loss), assets and liabilities, and other items by reporting segment
The accounting process method for reporting segments is equivalent to the method described in “Notes on importantmatters for the preparation of consolidated financial statements.”
Segment profit is evaluated based on operating income. Inter-segment sales and transfers are recorded at the same prices
used in transactions with third parties.

- 11 -

Summary of Consolidated Business Results for Fiscal 2020 Toyo Denki Seizo K.K. (6505)

3. Information regarding net sales, profit (loss), assets and liabilities, and other items by reporting segment
For the fiscal year ended May 31, 2020 (June 1, 2019, to May 31, 2020)
Reporting Segment
Transportation
Systems
Net Sales
Sales to third parties
Inter-segment sales
and transfers
Total

Industrial
Systems

Information
Equipment
Systems

Other(Note)

Total(Millions of yen)AmountRecorded on
Adjustment
Consolidated
AmountStatementsof Income

24,26913,0231,772

539,071-

39,071

12

1

-

510

524

(524)

-

24,282

13,024

1,772

516

39,595(524)

39,071

Segment profit

2,474

1,008

460

5

3,948

(2,880)1,068

Segment assets

20,364

13,6791,062

536

35,642

19,52255,165

592

608

27

4

1,232

255

1,487

356

111

24

5

497

47

545

Other items
Depreciation andamortization
Increase in property, plantand equipment andintangible assets

Note: The “Other” segment includes operations not included in reporting segments, such as the dispatch of temporary staff.

For the fiscal year ended May 31, 2021 (June 1, 2020, to May 31, 2021)(Millions of yen)
Information
Equipment
Systems

Other(Note)

Total

Adjustment
AmountAmountRecorded on
Consolidated
Statementsof Income

Reporting Segment
Transportation
Systems
Net Sales
Sales to third parties
Inter-segment sales
and transfers
Total

Industrial
Systems

21,528

10,5411,067

533,143-33,143

50

0

-

346

397

(397)

-

21,57910,542

1,067

352

33,541(397)

33,143

Segment profit (loss)

2,211

718

267

(39)

3,157

(2,734)423

Segment assets

17,151

13,838674

479

32,144

19,822

51,967

607

527

25

4

1,165

247

1,413

454

113

10

2

580

51

632

Other items
Depreciation andamortization
Increase in property, plantand equipment andintangible assets

Note: The “Other” segment includes operations not included in reporting segments, such as the dispatch of temporary staff.

- 12 -

Summary of Consolidated Business Results for Fiscal 2020 Toyo Denki Seizo K.K. (6505)

4. Description of nature and amounts of differences between reporting segment total and consolidated financial
statements(Millions of yen)
Net Sales

Fiscal 2019

Fiscal 2020

Reporting segment total

39,07933,188

Sales under the Other category

516

352

Inter-segment elimination

(524)

(397)

Net sales in consolidated financial statements

39,07133,143(Millions of yen)

ProfitFiscal 2019

Fiscal 2020

Reporting segment total

3,942

3,197

Profit under the Other category

5

(39)

Inter-segment elimination(0)

1Companywide expenses(2,880)(2,735)

Operating income in consolidated financial statements

1,068

423

Note: Companywide expenses are primarily selling, general and administrative expenses not belonging to any reporting segment.
(Millions of yen)
AssetsFiscal 2019

Fiscal 2020

Reporting segment total

35,106

31,665

Assets under the Other category

536

479

Inter-segment elimination

(875)

(526)

Companywide assets

20,39820,349Total assets in consolidated financial statements

55,16551,967

Note: Companywide assets are primarily assets managed by the head office and not belonging to any reporting segment.
(Millions of yen)

Other items

Reporting segment
total
Fiscal
2019

Depreciation andamortization
Increase in property,
plant and equipment andintangible assets

Fiscal2020

Other
Fiscal
2019

Fiscal2020

Adjustment AmountAmount recorded on
consolidated
statements of income

Fiscal
2019

Fiscal
2019

Fiscal
2020

Fiscal
2020

1,228

1,160

4

4

255

247

1,487

1,413

492

577

5

2

47

51

545

632

- 13 -

Summary of Consolidated Business Results for Fiscal 2020 Toyo Denki Seizo K.K. (6505)(Per Share Information)
Fiscal 2019
(June 1, 2019, to May 31, 2020)

Fiscal 2020
(June 1, 2020, to May 31, 2021)

Net assets per share

2,704.61 yen

2,685.28 yen

Net income per share

120.98 yen

109.38 yen

Notes: 1. Diluted net income per share is not shown because there are no potentially dilutive shares.
2. The basis for calculating net income per share is as follows:
Fiscal 2019
Fiscal 2020
Items
(June 1, 2019, to May 31, 2020)(June 1, 2020, to May 31, 2021)
Net income per share
Net income attributable to owners of the parent(Millions of yen)

1,081

977

－

－

Net income attributable to owners of the parent
related to common shares (Millions of yen)

1,081

977

Average number of common shares outstanding
during the year (1,000 shares)

8,941

8,941

Amount not attributable to commonshareholders (Millions of yen)

(Significant Subsequent Events)
Not applicable- 14 -

Summary of Consolidated Business Results for Fiscal 2020 Toyo Denki Seizo K.K. (6505)

4.

Other

(1) Status of Production, Orders, and Sales(a) Production Status
Business segment

Fiscal 2019
(June 1, 2019, to May 31, 2020)
Amount(Millions of yen)

Fiscal 2020
(June 1, 2020, to May 31, 2021)

Share
(%)

Amount(Millions of yen)

Share
(%)

Transportation Systems

24,341

62.3

22,38867.2

Industrial Systems

12,53932.1

10,154

30.5

Information Equipment Systems

2,208

5.7

791

2.4

Other

－

－

－

－

Total

39,089100.0

33,334100.0

Notes: 1. Amounts are based on sales prices.
2. Amounts are exclusive of consumption and other taxes.

(b) Status of Orders Received
Business segment

Fiscal 2019
(June 1, 2019, to May 31, 2020)
Orders Received(Millions of yen)

Fiscal 2020
(June 1, 2020, to May 31, 2021)

Balance(Millions of yen)Orders Received(Millions of yen)

Balance(Millions of yen)Transportation Systems

25,712

24,10818,81821,465

Industrial Systems

11,198

5,358

10,597

5,415

Information Equipment Systems

1,611

539

633

105

Other

5

－

5

－

Total

38,52730,00630,05526,986

Notes: 1. Amounts are based on sales prices.
2. Amounts are exclusive of consumption and other taxes.

(c) Sales Status
Business segment

Fiscal 2019
(June 1, 2019, to May 31, 2020)
Amount(Millions of yen)

Fiscal 2020
(June 1, 2020, to May 31, 2021)

Share
(%)

Amount(Millions of yen)

Share
(%)

Transportation Systems

24,26962.1

21,52865.0

Industrial Systems

13,023

33.3

10,541

31.8

Information Equipment Systems

1,772

4.5

1,067

3.2

Other

5

0.0

5

0.0

Total

39,071100.0

33,143100.0

Notes: 1. Amounts are based on sales prices.
2. Amounts are exclusive of consumption and other taxes.

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Summary of Consolidated Business Results for Fiscal 2020 Toyo Denki Seizo K.K. (6505)(2) Personnel changes of directors and audit & supervisory board members
Please refer to the “Toyo Denki Announces Change of Director” released today.

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