For the Fiscal Year Ended March 31, 2013

Annual Select® 2013

SUN-WA TECHNOSCORPORATION
Fukuoka Building, 2-8-7, Yaesu,
Chuo-ku, Tokyo 104-0028, Japan(Securities Code: 8137)+81-3-5202-4011

Corporate Profile
Sun-Wa Technos Corporation is a technology products trading company with a proud history of over 60
years during which it has constantly striven to conduct its business in a manner that fulfills its corporate
philosophy of “Serving society by nurturing the human talent to build new companies”. Today, Sun-Wa
Technos is the core of a global group that uses its ability to quickly and accurately grasp market trends to
respond to customer needs. By providing customers with the latest information, products that create value,
and maintenance services that ensure the safe and stable operation of supplied products and by working
closely with our suppliers, we will continue to grow our business.
Toward that end, the Sun-Wa Group supplies customers with technology products in three core categories:
electrical machinery, electronics, and general machinery. In each category, our product offerings range fromcomponents to individual machines, equipment, and entire systems. We also provide full product support,
including customized adjustments and after-sales maintenance. Befitting our positioning as a “technology
trading company,” our wide range of products and services is provided by an organization that possesses
the expertise required in each of our product categories and the adaptability to provide complex solutions
across those categories. Leveraging our global network, our marketing efforts also focus on proposing
complete solutions for customers.
Going forward, the Sun-Wa Group will continue to supply products to our markets, with customer
satisfaction as our highest priority. Leveraging the expertise accumulated over our long history as atechnology products trading company, we will constantly endeavor to strengthen our business foundations
and ability to contribute to our customers’ success as well as to society as a whole.

I. Summary of Selected Financial Data (Consolidated)

Net sales

61st fiscal year

62nd fiscal year

63rd fiscal year

64th fiscal year

65th fiscal year

From April 1, 2008
to March 31, 2009

From April 1, 2009
to March 31, 2010

From April 1, 2010
to March 31, 2011

From April 1, 2011
to March 31, 2012

From April 1, 2012
to March 31, 2013

76,40955,38685,28389,706

88,264

651

(107)

2,875

3,403

2,519

(467)

(409)

1,694

1,975

1,520

–

–

1,593

1,835

2,033

9,773

9,655

10,992

12,571

14,34937,41536,866

41,25442,53947,256760.23750.99855.27

978.57

1,117.07(36.50)(31.97)132.33154.22118.71

–

–

–

–

–

26.0

26.1

26.6

29.5

30.3

(4.5)

(4.2)

16.5

16.8

11.3

–

–

5.4

5.4

6.8

60

954

45

1,297

3,652

(113)

(65)

(94)

(215)

(110)

(159)

675

(985)

(472)

(415)

2,649

4,236

3,126

3,687

6,949

739
[72]

724
[48]

738
[18]

776
[23]

784
[13]

(Millions of yen)

Ordinary income (loss)(Millions of yen)

Net income (loss)(Millions of yen)Comprehensive income(Millions of yen)

Net assets(Millions of yen)

Total assets(Millions of yen)

Net assets per share(Yen)

Net income (loss) per share(Yen)

Diluted net income per share(Yen)

Equity ratio(%)

Return on equity (ROE)(%)

Price earnings ratio (PER)(Times)Net cash provided by (used in)operating activities(Millions of yen)

Net cash provided by (used in)investing activities(Millions of yen)

Net cash provided by (used in)financing activities(Millions of yen)

Cash and cash equivalents at
end of period(Millions of yen)

Number of employees[Separately, average numberof temporary employees](Persons)

Notes: 1.
2.
3.

Net sales does not include consumption taxes.
Diluted net income per share is not provided since there are no potential shares. Furthermore, there was a net loss per share in
the 61st and 62nd fiscal years.
Price earnings ratio for the 61st and 62nd fiscal years is not provided since there was a net loss per share in those two fiscal
years.

-1-

II. MESSAGE
Strengthening management foundations with our sights firmly set on becoming a global
technology products trading company that is constantly growing
To Our Shareholders,
I would like to preface my comments in this annual selectby extending my sincerest appreciation to all Sun-Wa
Group shareholders for your understanding and constantsupport of our Group’s endeavors.

Sei Yamamoto
President and Representative Director

In the year ended March 31, 2013, the Sun-Wa Group
posted declines in both sales and profit. As a result, we fell
short of the ¥100 billion consolidated net sales target
included in our seventh medium-term management plan
(STEP 1000) (see page 4 and subsequent pages for moredetails). Despite falling short of this key target, we closed
out the plan’s final year with some significant successes.
First, overseas Group companies achieved record sales
levels. We also developed new business in emerging
markets and created cost efficiencies. Such achievements
realized through the efforts of all our employees helped us
to post consolidated net sales of ¥88.2 billion, above ourlast released forecast for the fiscal year.

I am pleased to announce that, in appreciation of our shareholders’ constant support, we decided to pay a
year-end dividend of ¥10 per share in addition to the interim dividend of ¥10 per share, bringing the annual
dividend to ¥20 per share.

Eighth Medium-Term Management Plan (JUMP 1200) — New Guiding Light for Employee Endeavors
From this April, our business activities are being guided by our new, eighth medium-term management plan,
JUMP 1200 (see page 3). The plan’s guiding principle is that the Sun-Wa Group will strive to be a truly global
company, active around the world and providing services as a technology products trading company that isconstantly growing. In light of this tumultuous market environment, we once reviewed our previous plan, andwill implement our new plan that has been drawn up with a long-term perspective targeting a great leap forward
for the Sun-Wa Group.
One of our key guiding management philosophies is that we constantly create new businesses that provide our
employees with opportunity for their own development and growth. Since its founding, the Sun-Wa Group has
upheld the corporate philosophy of “Serving society by nurturing the human talent to build new companies”. In
other words, we strive to nurture all our employees into entrepreneurs infused with a pioneering spirit that drives
them to seek new challenges. In line with that founding philosophy, our new medium-term plan was drafted andrefined with the participation of mid-level employees, who joined in discussions and shared information withsenior management on the key issues facing our company today and what kind of company we want to be in 10
years. The result is a plan that will serve as a guiding light for our employees over the next several years.
Enhancing corporate value as a technology products trading company
The new plan sets forth five key initiatives (see page 3). At present, the Sun-Wa Group has nine overseas
subsidiaries with 18 offices and a total of about 250 local employees. Our Shanghai subsidiary is firmly
establishing itself in its local market, with annual sales reaching ¥12 billion. Similarly, our other overseas
subsidiaries are aiming to become strongly independent local operations, in line with our new plan’s goal of
making the Sun-Wa Group a truly global enterprise.
Together, our domestic and overseas operations provide us with a network that enables optimal procurement of
the products. In addition, we believe the synergistic effect of our system engineers working in tandem withGroup companies and product makers will unleash the comprehensive capabilities needed for us to become atechnology trading company with the technological knowhow that enables us to carry out business not on-2-low-margin, high-volume strategy but on guaranteed product quality as we map out a clear growth course thatenhances our corporate value.
In addition, we will respond adeptly to evolving market conditions by raising our antenna high and keeping aneye out for opportunities to develop new markets in such growth areas as the environment, energy, life suppportand infrastructure. At the same time, we will upgrade our administrative structure and logistics systems andremain committed to the best CSR practices as we strive to build the solid foundations that will enable us toachieve the new plan’s annual sales goal of ¥120 billion.
Building a platform to enable overseas expansion of engineering knowhow
This year, the first under the new plan, we will undertake organizational reforms that put us on a firm growth
track. To meet the needs of today’s rapidly changing markets, we plan to create a new sales organization, freefrom the constraints of past practices and built with the cooperation of Group companies. In particular, we will
strengthen our engineering capabilities in Japan and overseas as we strive for ever higher levels of customer
satisfaction.
Overseas, we plan to expand our business in ASEAN countries. In support of efforts by local Group companies,
Sun-Wa Technos will serve as an information hub that enables the Group to be the first to grasp market changes
and act swiftly in response, including by establishing new overseas offices.
We believe we are now well positioned to maximize the strengths of a management foundation constantly
strengthened and improved over the years. As we strive to be a company highly regarded by customers and thebroader society, we look forward to the continued support of you, our shareholders.

Eighth Medium-Term Management Plan
SloganJUMP 1200
Targeting a giant leap forward for the Sun-Wa Technos Groupto consolidated sales of ¥120 billion
Key initiatives
Further expand business via global expansion
Enhance corporate value via proprietary proposals and technological capabilities
Pursue higher levels of customer satisfaction by being the first to grasp market trends
and responding quickly to those changes
Raise profitability by building a leaner, stronger company
Promote adherence to the best CSR practices
Management targets• ¥120 billion in consolidated sales in the plan’s final year (ending March 2016)• Sustain a ratio of ordinary income to net sales of 3.5% or more
Consolidated basis
Year ended March 31,
Net sales
Operating income
Ordinary income
Net income
Ratio of ordinary
income to net sales(Millions of yen)

2014

2015

2016

98,000
3,100
3,400
2,000

110,000
3,700
4,000
2,500

120,000
4,400
4,700
2,850

3.5%

3.6%

3.9%

-3-

III. Financial Highlights

Net Sales¥88,264 million
down ¥1,442 million YoY

Operating Income

Ordinary Income¥2,269¥2,519down ¥1,019 million YoY(Millions of yen)down 1.6% YoY

milliondown ¥883 million YoY

down 26.0% YoY

88,264(Millions of yen)down 23.0% YoY

3,403

2,781

1,975

2,875

2,269

63rd
64th
65th
(FY2010) (FY2011) (FY2012)

Total Assets / Net Assets
Total assets ¥47,256 million
Net assets ¥14,349 million
YoY change total assets Up ¥4,716 million
YoY change net assets Up ¥1,777 million
Net assets

up 14.1% YoY

1,520

63rd
64th
65th
(FY2010) (FY2011) (FY2012)

63rd
64th
65th
(FY2010) (FY2011) (FY2012)

Net Assets per Share /Equity Ratio

Orders Received / Order Backlog

Return on Assets (ROA)

Net assets per share ¥1,117.07
Equity ratio
30.3%
Net Assets per Share
Equity Ratio

(Yen)
(%)

up 14.2% YoY

29.5
47,256

41,254

2,519

26.6

42,539Orders received ¥90,421 million
Order backlog ¥14,846 million

3.4 %YoY change orders received Up ¥2,936 million
YoY change order backlog Up ¥2,156 million(Millions of yen)Orders received

Orders backlog

Return on assets (ROA)(%)

up 17.0% YoY

up 0.8 points YoY

up 11.1% YoY

1,694

63rd
64th
65th
(FY2010) (FY2011) (FY2012)(Millions of yen)
Total assets

milliondown ¥454 million YoY(Millions of yen)

(Millions of yen)down 31.0% YoY¥1,5203,289

89,70685,283

millionNet Income

30.3
1,117.07
1,117.07

up

3.4% YoY

88,94687,484down 1.3 points YoY
90,421

4.7

978.574.3

855.27

3.4

10,992

12,571

14,34914,911

63rd
64th
65th
63rd
64th
65th
(FY2010) (FY2011)(FY2011) (FY2012)(FY2012)(FY2010)

63rd
64th
65th
(FY2010) (FY2011) (FY2012)-4-

12,68914,846

63rd
64th
65th
65th
64th
63rd
(FY2012)(FY2010)(FY2010) (FY2011)(FY2011) (FY2012)

63rd
64th
65th
(FY2010) (FY2011) (FY2012)

Financial Highlights
In the fiscal year under review, the Japanese economy continued to be affected by uncertainties, including theEuropean financial crisis and slowing growth in the Chinese economy. However, signs of improvement emergedin the final quarter of the fiscal year, when expectations for the economic policies of the new government thattook office in December sparked sharp yen depreciation and a stock rally.
In the industrial electronics and mechatronics industries that the Sun-Wa Group services, a decline in exports to
China and other markets curtailed orders from the semiconductor and industrial machinery sectors in particular.
Those markets remain in difficult conditions. On the other hand, increasing demand for new energy sources,
such as photovoltaic power generation systems, provided a bright spot.
In this environment, the Sun-Wa Group carried out the core initiatives of STEP 1000, its seventh medium-termplan in its final year. These efforts including expanding business by focusing on growth markets and raisingprofitability through greater operational efficiency. Despite these efforts, the Group’s consolidated net sales
declined from the previous-year level.

Outlook for the Fiscal Year ending March 31, 2014
In the new fiscal year, we expect the domestic economy to strengthen gradually as expectations for an economic
recovery fueled by the positive impact of government economic policies counter the continued risk presented by
Europe’s financial crisis and a further slowdown in China. The outlook for conditions in the semiconductor andindustrial machinery sectors, two core user groups for the company, remains clouded by the risk of economic
slowdowns overseas. That said, we expect to see moderate growth supported by expansion of new growthmarkets, such as new energy sources.

Consolidated earnings forecasts for the year ending March 31, 2014
Net sales¥98,000 million(up 11.0% year-on-year)

Operating income¥3,100 million(up 36.6% year-on-year)

Ordinary income¥3,400 million(up 34.9% year-on-year)

Net income¥2,000 million(up 31.5% year-on-year)

Net income per share¥156.15

Note: Earnings projections are based on information available to the Company as of May 8, 2013. Actual results may differ from the
projections presented here due to various factors.

-5-IV. Business Segment Information
Electrical Machinery

Net Sales¥22,222 million
down ¥2,272 million YoY(Millions of yen)down 9.3% YoY

Proportion ofof total
total net sales

25.2%

23,62824,49522,222

63rd(FY2010)64th(FY2011)65th(FY2012)The Electrical Machinery Department sharply increased sales ofcontrol equipment for photovoltaic power generation systems as
demand for new energy sources continues to increase. However,sales of vacuum chamber robots fell back from the previous
year’s strong result on a drop in demand for organic EL
production equipment. Sales of clean room robots used withsemiconductor manufacturing equipment fell on weak demand
from the semiconductor industry, and sales of motors and otherelectric equipment used in industrial machinery declined due toslower growth in the Chinese economy.

Main Products
AC servo motors, linear motors and various other motors; inverters; machine controllers;machine vision systems; clean room robots and vacuum chamber robots for semiconductor
manufacturing devices, power conditioners, power substations and other facility works; etc.
AC servo motors

Electronics

Net Sales¥58,628 millionup ¥1,723 million YoY

The Electronics Department saw declines in sales of inverters,
servo motors and electronic components used in industrial
machinery. However, it enjoyed strong sales of electronic
components used in photovoltaic power generation systems.

(Millions of yen)

Proportion ofof total
total net sales
sales

66.4%

up

3.0% YoY

54,79056,90558,62863rd(FY2010)64th(FY2011)65th(FY2012)Main Products
Various electronic components and equipment including power supplies, connectors,
semiconductors, sensors, miniature fans, LEDs (Light Emitting Diodes), LCDs (Liquid
Crystal Displays), industrial PCs, CPU boards, memory modules, etc.

General Machinery

Net Sales¥7,412 million
down ¥893 million YoY(Millions of yen)down 10.8% YoY
6,864

Proportion ofof total
total net sales
sales

8.4%

63rd
(FY2010)

8,306

7,412

64th
(FY2011)65th(FY2012)LED light module

The General Machinery Department’s sales were supported byincreased capital investment in certain business segments, suchas the photovoltaic power generation systems business and theautomobile industry. Overall, however, industrial capital
investment was weak in the year under review, and sales of thedepartment’s capital equipment fell year-on-year.

Main Products
Semiconductor-related manufacturing equipment, industrial robots, clean room robots forconveying liquid crystal panels, substrate-related devices, conveying devices for logistics,
valve control devices, wind- and hydro-power equipment, air conditioners and kitchen
facilities, environmental protection equipment and devices, various inspection devices,
medical equipment, etc.

-6-

Double arm robot

V. Reportable Segment Information*The reportable segments of the Sun-Wa Group consist of three geographic segments.
Net sales(Millions of yen)
Operating income

Japan

Operating income ¥1,590 million(down ¥851 million YoY)

down 7.2% YoY
72,777

74,153

2,257

2,442

63rd

64th

68,848

1,590

65th

72.7% (FY2010) (FY2011) (FY2012)

Proportion
Proportion ofof total
total net
net salessales

Net sales(Millions of yen)
Operating incomeAsia

up 16.6% YoY

15,250467

63rd

18,453

Net sales ¥68,848 million (down ¥5,305 million YoY)

21,524

620

652

64th

65th

In Japan, sales of control equipment for photovoltaic power
generation systems, a key product in the growing new energy
market, were strong, as were sales of electronic components
and plant equipment. However, weakness in the Chinese
market led to cutbacks in capital investments in Japan,
resulting in lower sales of our motors, robots, generalelectronic components and other capital equipment.

Net sales ¥21,524 million (up ¥3,070 million YoY)
Operating income ¥652 million (up ¥32 million YoY)
In the Asian region, sales of electrical machinery and electronic
components to the industrial machinery industry fell
year-on-year owing to the slowdown in China’s economy.
However, we increased sales of our electronic components usedin mobile phone base stations and photovoltaic power
generation systems.

22.2% (FY2010) (FY2011) (FY2012)

Proportion of total net sales
sales

Europe andthe United States

Net sales(Millions of yen)
Operating income

Operating income ¥30 million (down ¥201 million YoY)

down 5.4% YoY
3,486
2,180

63rd

Proportion of total net sales
sales

Other*

3,298

231
30

24

64th

65th

The US economy entered a moderate recovery, but the European
economy remained weak. As a result, sales of electricalmachinery to the US machine tools industry were strong, but
sales of our capital equipment to makers of organic EL
manufacturing equipment in Europe fell as customers altered
their investment plans.

3.1% (FY2010) (FY2011) (FY2012)

Net sales(Millions of yen)
Operating income

1.0% YoY

2,707

2,714

2,742

(29)

(19)

64th

65th

63rd

Net sales ¥2,742 million (up ¥27 million YoY)
Operating loss ¥19 million (up ¥9 million YoY)

up

23

Proportion of total net sales
sales

Net sales ¥3,298 million (down ¥188 million YoY)

* The “Other” segment includes businesses not included inreportable segments, including the operations of some domestic
subsidiaries.

2.0% (FY2010) (FY2011) (FY2012)

Note 1: Each proportion of total net sales is based on sales to external customers.
Note 2: Regional segment sales shown above include internal sales among segments as well as amounts transferred to othersegments.

-7-VI. Sun-Wa Global Network

Kyoto Branch
Hokuriku Sales Office
Tokyo-Nishi Branch
Tohoku Sales OfficeKita-Kanto Sales Office
Nagano Sales OfficeOsaka Branch
Himeji Sales Office

Head Office

Fukuoka Branch
Hiroshima Sales Office
Oita Sales Office
Kumamoto Sales Office
Nagasaki Sales Office

Tokyo Service Center
Electronics Department
Numazu Sales Office

Nagoya Service Center

Nagoya Branch
Hamamatsu Sales Office
Mikawa Sales Office
Mie Sales Office

Kyushu Service Center

TianjinFrankfurt

SuzhouDalianChicagoGreenville(South Carolina)

ShenyangHangzhou
Guangzho

Shanghai Mechatronics Centre

ShenzhenTaipeiTainanShanghaiHong Kong

Bangkok

Singapore
Kuala Lumpur

SUN-WA TECHNOS (EUROPE) GmbH

SUN-WA TECHNOS (SINGAPORE) PTE LTD.

SUN-WA TECHNOS ASIA (THAILAND) CO., LTD.

SUN-WA TECHNOS (H.K.) CO., LTD.

SUN-WA TECHNOS (SHENZHEN) CO., LTD.

SUN-WA TECHNOS (TAIWAN) CO., LTD.

SUN-WA TESCOM CORPORATION

SUN-WA TECHNOS (MALAYSIA) SDN. BHD.

SUN-WA TRINITY CORPORATIONSHANGHAI SUN-WA TECHNOS CO., LTD.

SUN-WA LOGISTICS CO., LTD.

SUN-WA TECHNOS AMERICA, INC.

For addresses and contact details of each business base above, please refer to the network page of our website below.
http://www.sunwa.co.jp/eng-8-VII. Consolidated Financial Statements(1) Consolidated Balance Sheets(Millions of yen)

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Merchandise and finished goods
Work in process
Raw materials and supplies
Deferred tax assets
Other
Allowance for doubtful accounts
Total current assets
Noncurrent assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation
Buildings and structures, net
Land
Lease assets
Accumulated depreciation
Lease assets, net
Other
Accumulated depreciation
Other, net
Total property, plant and equipment
Intangible assets
Other
Total intangible assets
Investments and other assets
Investment securities
Other
Allowance for doubtful accounts
Total investments and other assets
Total noncurrent assets
Total assets-9-

As of March 31, 2012

As of March 31, 2013

4,171
27,094
3,868
90
1
298
291
(74)

7,433
27,866
3,869
56
0
232
375
(75)

35,74139,7582,546(1,493)

2,551(1,542)

1,052

1,008

2,636
207
(136)

2,636
585
(207)

70

378

378
(329)

395
(344)

48

50

3,808

4,074

44

42

44

42

2,222
754
(31)

2,625
847
(92)

2,945

3,381

6,798

7,497

42,53947,256

(Millions of yen)
As of March 31, 2012
Liabilities
Current liabilities
Notes and accounts payable - trade
Short-term loans payable
Current portion of long-term loans payable
Lease obligations
Income taxes payable
Accrued expenses
Other
Total current liabilities
Noncurrent liabilities
Long-term loans payable
Lease obligations
Deferred tax liabilities
Provision for retirement benefits
Provision for directors’ retirement benefits
Total noncurrent liabilities

As of March 31, 2013

22,132
1,726
1,200
27
666
875
286

24,784
1,650
600
95
327
843
346

26,91428,648

1,800
44
21
628
558

2,486
302
116
739
614

3,053

4,258

Total liabilities

29,96832,907

Net assets
Shareholders’ equity
Capital stock
Capital surplus
Retained earnings
Treasury stock

1,935
1,341
9,173
(53)

1,935
1,341
10,437(53)

12,396

13,660

Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment

Total shareholders’ equity

438
(301)

678
(31)

Total accumulated other comprehensive income

137

646

Minority interests
Total net assets
Total liabilities and net assets- 10 -

37

41

12,571

14,34942,53947,256

(2) Consolidated Statements of Income andConsolidated Statements of Comprehensive Income(Consolidated Statements of Income)(Millions of yen)
Fiscal year ended
March 31, 2012

Fiscal year ended
March 31, 2013

Net sales
Cost of sales

89,706
77,922

88,26477,295Gross profit

11,784

10,968Selling, general and administrative expenses

8,495

8,699

Operating income

3,289

2,269

3
35
86
111
1
132

3
41
69
112
–
136

371

363

60
5
50
128
12

55
0
34
6
17

257

114

3,403

2,519

–

0

–

0

Income before income taxes and minority interests

3,403

2,518

Income taxes - current
Income taxes - deferred

1,285
142

966
29

Non-operating income
Interest income
Dividends income
Purchase discounts
House rent income
Reversal of allowance for doubtful accounts
Other
Total non-operating income
Non-operating expenses
Interest expenses
Loss on sales of notes payable
Loss on sales of accounts receivable
Foreign exchange losses
Other
Total non-operating expenses
Ordinary income
Extraordinary loss
Loss on valuation of membership
Total extraordinary losses

Total income taxes

1,427

995

Income before minority interests

1,975

1,523

Minority interests in income
Net income- 11 -

0

2

1,975

1,520

(Consolidated Statements of Comprehensive Income)(Millions of yen)

Income before minority interests
Other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustments
Total other comprehensive income

Fiscal year ended
March 31, 2012

Fiscal year ended
March 31, 2013

1,975

1,523

(95)
(43)

240
269

(139)

510

Comprehensive income

1,835

2,033

Comprehensive income attributable toComprehensive income attributable to owners of theparentComprehensive income attributable to minority interests

1,835

2,029

0

3

- 12 -

(3) Consolidated Statements of Changes in Net Assets(Millions of yen)
Fiscal year ended
March 31, 2012

Fiscal year ended
March 31, 2013

Shareholders’ equity
Capital stock
Balance at the beginning of current period
Changes of items during the period
Total changes of items during the period

1,935

1,935

–

–

Balance at the end of current period

1,935

1,935

1,341

1,341

Capital surplus
Balance at the beginning of current period
Changes of items during the period
Total changes of items during the period
Balance at the end of current period
Retained earnings
Balance at the beginning of current period
Changes of items during the period
Dividends from surplus
Net income
Total changes of items during the period
Balance at the end of current period
Treasury stock
Balance at the beginning of current period
Changes of items during the period
Purchase of treasury stock
Total changes of items during the period
Balance at the end of current period
Total shareholders’ equity
Balance at the beginning of current period
Changes of items during the period
Dividends from surplus
Net income
Purchase of treasury stock
Total changes of items during the period
Balance at the end of current period- 13 -

–

–

1,341

1,341

7,454

9,173

(256)
1,975

(256)
1,520

1,719

1,264

9,173

10,437

(52)

(53)

(0)

(0)

(0)

(0)

(53)

(53)

10,677

12,396

(256)
1,975
(0)

(256)
1,520
(0)

1,718

1,264

12,396

13,660(Millions of yen)
Fiscal year ended
March 31, 2012

Fiscal year ended
March 31, 2013

Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Balance at the beginning of current period
Changes of items during the period
Net changes of items other than shareholders’ equity

534

438

(95)

239

Total changes of items during the period

(95)

239

438

678

(257)

(301)

(43)

269

Balance at the end of current period
Foreign currency translation adjustment
Balance at the beginning of current period
Changes of items during the period
Net changes of items other than shareholders’ equity
Total changes of items during the period
Balance at the end of current period
Total accumulated other comprehensive income
Balance at the beginning of current period
Changes of items during the period
Net changes of items other than shareholders’ equity
Total changes of items during the period
Balance at the end of current period
Minority interests
Balance at the beginning of current period
Changes of items during the period
Net changes of items other than shareholders’ equity
Total changes of items during the period
Balance at the end of current period
Total net assets
Balance at the beginning of current period
Changes of items during the period
Dividends from surplus
Net income
Purchase of treasury stock
Net changes of items other than shareholders’ equity
Total changes of items during the period
Balance at the end of current period- 14 -

(43)

269

(301)

(31)

276

137

(139)

509

(139)

509

137

646

38

37

(0)

3

(0)

3

37

41

10,992

12,571

(256)
1,975
(0)
(140)

(256)
1,520
(0)
513

1,578

1,777

12,571

14,349(4) Consolidated Statements of Cash Flows(Millions of yen)
Fiscal year ended
March 31, 2012

Fiscal year ended
March 31, 2013

3,403
150
(4)
(18)
(39)
60
4
(1,182)
102
5
271
56
77
95

2,518
167
110
61
(44)
55
66
(375)
219
(71)
2,244
(65)
71
(2)

Subtotal

2,983

4,955

Interest and dividends income received
Interest expenses paid
Income taxes paid

39
(61)
(1,662)45(56)(1,292)

Net cash provided by (used in) operating activities

1,297

3,652

(50)
(78)
(85)

(33)
(29)
(47)

Net cash provided by (used in) investing activities

(215)

(110)

Net cash provided by (used in) financing activities
Net increase (decrease) in short-term loans payable
Proceeds from long-term loans payable
Repayment of long-term loans payable
Repayments of lease obligations
Purchase of treasury stock
Cash dividends paid

(1,366)
1,200
–
(48)
(0)
(256)

(173)
1,286
(1,200)
(71)
(0)
(256)

Net cash provided by (used in) financing activities

(472)

(415)

Net cash provided by (used in) operating activities
Income before income taxes and minority interests
Depreciation and amortization
Increase (decrease) in provision for retirement benefits
Increase (decrease) in allowance for doubtful accounts
Interest and dividends income
Interest expenses
Foreign exchange losses (gains)
Decrease (increase) in notes and accounts receivable-trade
Decrease (increase) in inventories
Decrease (increase) in other assets
Increase (decrease) in notes and accounts payable-trade
Increase (decrease) in accrued consumption taxes
Increase (decrease) in other liabilities
Other, net

Net cash provided by (used in) investing activities
Purchase of property, plant and equipment
Purchase of investment securities
Other, net

Effect of exchange rate change on cash and cash equivalents

(50)

135

Net increase (decrease) in cash and cash equivalents

560

3,262

Cash and cash equivalents at beginning of period

3,126

3,687

Cash and cash equivalents at end of period

3,687

6,949

- 15 -

VIII. Corporate Data
Company Information (as of March 31, 2013)
Trade name:
Established:
Business year:
Paid-in capital:
Number of employees:
Head office:Telephone:
Consolidated subsidiaries:

URL:

SUN-WA TECHNOS CORPORATION
November 4, 1949
From April 1 to March 31 of the following year
1,935 million yen
784 (consolidated)Fukuoka Building, 2-8-7, Yaesu, Chuo-ku, Tokyo 104-0028,
Japan+81-3-5202-4011
SUN-WA TESCOM CORPORATION
SUN-WA TRINITY CORPORATION
SUN-WA LOGISTICS CO., LTD.
SUN-WA TECHNOS (SINGAPORE) PTE LTD.
SUN-WA TECHNOS (H.K.) CO., LTD.
SUN-WA TECHNOS (EUROPE) GmbH
SUN-WA TECHNOS AMERICA, INC.
SUN-WA TECHNOS (TAIWAN) CO., LTD.
SUN-WA TECHNOS (MALAYSIA) SDN. BHD.
SHANGHAI SUN-WA TECHNOS CO., LTD.
SUN-WA TECHNOS ASIA (THAILAND) CO., LTD.
SUN-WA TECHNOS (SHENZHEN) CO., LTD.
http://www.sunwa.co.jp/eng

Directors and Corporate Auditors (as of June 26, 2013)
Chairman and Representative Director
President and Representative Director
Managing Director
Managing Director
Managing Director
Managing Director
Director
Director
Director
DirectorStanding Corporate Auditor(Outside) Corporate Auditor(Outside) Corporate Auditor(Outside) Corporate Auditor

Masujiro Yamada
Sei Yamamoto
Tatsuzo Kishimoto
Hiroyuki Tanaka
Masatoshi Taguri
Hitoshi Fukuda
Masanori Igarashi
Toshihiko Makino
Syoichiro Mine
Kazuya Hanayama
Shigeru Aoyagi
Isao Ishikawa
Hajime Yasukuni
Jun Kobayashi

Stock Information (as of March 31, 2013)
Stock exchange listing:
Listing date:
Total number of shares authorized:
Total number of shares issued:
Number of shareholders:Major (top 10) shareholders;Tokyo Stock Exchange, 1st Section (Code: 8137)
May 19, 1982
33,380,000 shares
12,888,000 shares
2,965

Number of shares held
Share-holding ratio (%)(Thousands)
YASKAWA Electric Corporation
797
6.22
The Dai-ichi Life Insurance Company, Limited
729
5.69
Resona Bank, Limited
545
4.25
The Bank of Tokyo-Mitsubishi UFJ, Ltd.
545
4.25
Origin Electric Co., Ltd.
498
3.88
Okuma Corporation
435
3.40
Sompo Japan Insurance Inc.
396
3.09
Masujiro Yamada
390
3.04
Wahei Takeda
379
2.96
OMRON Corporation
355
2.77*Note: Share-holding ratio is calculated without considering the treasury shares (80,166 shares).
Shareholder name- 16 -

* Annual Select is an English-language disclosure format developed by ZAIHON, INC. to increase the level of convenience of investors outside Japan based on Japanese-language
statutory disclosure material, timely disclosure material prescribed by securities exchanges and voluntarily disclosed IR material. Annual Select is a registered trademark of
ZAIHON, INC. Reproduction or copying without prior permission is prohibited.
* While every best effort has been made to provide a translation meeting the quality standards required of professionals, the Company does not guarantee it is 100% accurate.
Therefore, please verify the original Japanese text for any final judgments made based on this information.

- 17 -