Consolidated Financial Results for the 2nd Quarter of Fiscal Year Ending March 31, 2021
(J-GAAP)
November 2, 2020
Company name: T.RAD Co., Ltd.
Listing: Tokyo Stock Exchange, First Section
Code No.:
7236
URL: http://www.trad.co.jp
Representative: Tomio Miyazaki, President & COO
Contact:
Norio Kanai, Managing Director & CFO
Tel:+81-3-3373-1101
Scheduled date of filing of 2nd quarter securities report:
November 4, 2020
Scheduled date of start of dividend payments:―
Supplemental materials prepared for consolidated financial results: None
Briefing on consolidated financial results: None
(Amounts less than one million yen have been truncated)

1. Consolidated Financial Performance for the 2nd Quarter of Fiscal Year Ending March 31, 2021
(April 1, 2020 to September 30, 2020)(1) Consolidated operating performance(Percentage figures indicate year-on-year change)
Net sales
Millions of yen

Operating income% Millions of yen

Ordinary income% Millions of yen

Six months ended
48,768 -26.2(1,634)(1,647)―
September30, 2020
Six months ended
66,100-2.2
1,666 -45.8
1,633
September30, 2019
Note: Comprehensive income
Six months ended September 30, 2020: ¥ —3,207 million ―%Six months ended September 30, 2019: ¥1,046 million 35.5%
Net income per share
Diluted net income per share
Six months ended
September30, 2020
Six months ended
September30, 2019

Yen

Yen

(342.39)―224.46―(2) Consolidated financial position
Total assets

Net assets

Millions of yen

Profit attributable toowners of parent% Millions of yen%―(2,469)

―

-50.5

1,701

10.5

Equity ratio

Net assets per share

Millions of yen%

Yen

41,23047.9

5,389.34

44,84648.1

5,916.09

Six months ended
81,475September30, 2020
Fiscal year ended
88,493
March 31, 2020
Reference: Shareholders’ equity
As of September 30, 2020: ¥38,992 million
As of March 31, 2020 : ¥43,048 million

2. Dividends
1Q

2Q
Yen

Dividends per Share
3Q
Yen
Yen

Year-end
Yen

Total
Yen

Fiscal year ended
40.00
50.00
90.00
―
―
March 31, 2020
Fiscal year ending
0.00―
March 31, 2021
Fiscal year ending
March 31, 2021―――
(Forecast)
Note: Revisions to the forecast of dividends since the latest official announcement: No
At the present moment, the expected dividend amount for the fiscal year ending March 31, 2021 has not been decided.

1

3. Forecast of Consolidated Financial Performance for the Fiscal Year Ending March 31, 2021
(April 1, 2020 to March 31, 2021)(Percentage figures indicate changes from the same period of the previous year)

Net sales
Millions ofyen%Operating income

Ordinary income

Millions ofyenMillions of
yen

%

%

Profit attributable toowners of parent
Millions of
yen

%

Net
incomeper share
Yen

Fiscal year ending
108,300-17.0
300 -89.4
100-96.5 (1,400) -197.6(194.47)
March 31, 2021
Note: Revisions to the forecast of consolidated financial performance since the latest official announcement: No

4. Other(1) Changes in significant subsidiaries during the current quarter(changes in specific subsidiaries resulting in changes in the scope of consolidation): None
(2) Adoption of specific accounting policies for quarterly consolidated financial statements: None
(3) Changes in accounting principles, estimation procedures or presentation methods
1) Changes associated with revision of accounting standards: None
2) Changes other than 1): None
3) Changes accounting estimation procedures: None
4) Changes in presentation methods: None
(4) Number of shares issued and outstanding (common stock)1) Number of shares issued and outstanding at end of period (including treasury stock)
As of September 30, 2020: 8,380,711 shares
As of March 31, 2020: 8,344,405 shares
2) Number of shares of treasury stock at end of period
As of September 30, 2020: 1,145,653 shares
As of March 31, 2020: 1,145,320 shares
3) Average number of shares outstanding during the period
Six months ended September 30, 2020: 7,211,071 shares
Six months ended September 30, 2019: 7,581,576 shares* The consolidated financial results presented herein are not subject to the audit procedures by certified public
accountant or audit firm.
* Explanations for proper use of forecasts and other specific affairs
The forward-looking statement such as forecast of financial performance etc. described in this report basedon information currently available and certain assumptions judged to be reasonable. Actual performance
may differ significantly from these projections due to various factors.

2

Table of Contents
1. Qualitative Information for the Second Quarter of Fiscal Year Ending March 31, 2021 ·························· 4(1) Consolidated financial performance ················································································ 4(2) Consolidated financial position ····················································································· 5(3) Future projections including forecasts of consolidated financial performance ········································· 5
2. Quarterly Consolidated Financial Statements and main notes ························································ 6(1) Quarterly consolidated balance sheets ·············································································· 6(2) Quarterly consolidated statements of income andquarterly consolidated statement of comprehensive income ········································· 8(Quarterly consolidated statements of income) ·································································· 8(Quarterly consolidated statement of comprehensive income) ··············································· 10(3) Quarterly consolidated statements of cash flows ································································ 11(4) Notes to quarterly consolidated financial statements ··························································· 13(Going concern assumptions) ······················································································ 13(Notes in the event of significant changes in shareholders’ equity) ··········································· 13(Additional information) ··························································································· 13(Segment information) ····························································································· 14
3. Supplementary information
Sales states (consolidated) ························································································· 16

31. Qualitative Information for the Second Quarter of Fiscal Year Ending March 31, 2021
(1) Consolidated financial performance
As for the economic environment during the second quarter of the current consolidated cumulative period, the global
economy deteriorated significantly due to the spread of novel coronavirus infections. It is concerned that severe economic
conditions will continue in the future as the economy depends on the epidemic trend of the infection.
Under the circumstances, the net sales of the T.RAD Group (on a foreign currency basis) largely decreased from thesame period of the previous year in domestic and overseas. Operating income, ordinary income and the profit attributable toowner of parent decreased in domestic and overseas.
As a result, net sales during the consolidated cumulative second quarter decreased by 17,331 million yen from theprevious fiscal year, amounting to 48,768 million yen (down 26.2% year on year). Operating loss of 1,634 million yen was
posted, worsening by 3,301 million yen year on year. Ordinary loss of 1,647 million yen was posted, worsening by 3,281
million yen year on year. Loss attributable to owners of parent of 2,469 million yen was posted, worsening by 4,170 million
yen year on year.
The segment results are as follows.
The book-closing date for the consolidated subsidiaries for the first six months of the fiscal year under review is June 30.
In preparing the consolidated financial statements, the financial statements as of, and for the six-month period ended on
this date were used. With respect to material transactions conducted during the period between this date and thebook-closing date for consolidated accounting, we have made adjustments as necessary for consolidated accounting. The
segments relevant to such adjustments include the United States, Europe, Asia and China.
T.RAD LOGISTICS Co., Ltd. of domestic subsidiary has the same settlement date that coincides with the last day ofthe consolidated fiscal year. The segment impacted by such adjustments is Others.
Net Sales
Operating Income (Loss)
Six months
Six months
ended
ended
September 30, September 30,
2019
2020

Japan
United States

EuropeAsia
China
Others(including
eliminations)

Increase/
Decrease

Percentage change(on a foreign
currency basis)*Six months
ended
September 30,
2019

Six months
ended
September 30,
2020

Increase/
Decrease

Percentage change(on a foreign
currency basis)*(%)(Millions of yen)

(Millions of yen)

(Millions of
yen)

(%)

(Millions of yen)

(Millions of yen)

(Millions of yen)

29,147
16,568
1,308
8,626
9,929

21,366
10,821
1,090
5,646
9,350

-7,781-5,747-218-2,979
-578

-26.7
-34.7
-10.3
-33.7
-3.6

(289)
(150)
(566)
1,037
1,289

(1,765)(1,043)
(279)
341
1,049

-1,475
-893
287
-696
-239

-509.3-593.8
47.4
-67.0
-16.2

519

493

-25

-5.5

346

63

-282

-81.7

Total
66,10048,768-17,331-25.8
1,666(1,634)-3,301-198.4*The percentage changes (on a foreign currency basis) in the chart are the percentage changes after correcting for differences
arising from fluctuations in the foreign exchange rates applicable to overseas net sales.
(i) Japan
Net sales of products for automobile industry and construction industrial machines declined sharply from the previous fiscal
year due to a decrease in sales by major customers in line with the spread of novel coronavirus infections. As a result, thenet sales in the Japan segment decreased by 7,781 million yen, resulting in 21,366 million yen.
Operating loss of 1,765 million yen was posted, worsening by 1,475 million yen from the same period of the previous
year, due to the net sales declined sharply etc.
(ii) United States
Net sales of products for automobile industry and construction industrial machines declined sharply from the previous fiscal
year due to a decrease in sales by major customers as the novel coronavirus infection spread. As a result, the net sales in the
United States segment decreased by 5,747 million yen from the same period of the previous year, resulting in 10,821
million yen. On a foreign currency basis, it decreased by 34.7%.
Operating loss of 1,043 million yen was posted, worsening by 893 million yen from the same period of the previous
year.

4

(iii) Europe
The net sales of products for the automobile industry decreased from the previous fiscal year due to a decrease in sales bymajor customers as the novel coronavirus infection spread in Czech Republic and Russia. As a result, the net sales in theEurope segment decreased by 218 million yen from the same period of the previous year, resulting in 1,090 million yen. On
a foreign currency basis, it decreased by 10.3%.
Operating loss of 279 million yen was posted, improved by 287 million yen from the same period of the previous year,
due to the stable production of newly ordered models in the Czech Republic etc. On a foreign currency basis, it increasedby 47.4%.
(iv) Asia
The net sales of products for the automobile industry declined sharply from the previous fiscal year due to a decrease insales by major customers as the novel coronavirus infection spread in Thailand, Indonesia and Vietnam. As a result, the net
sales in the Asia segment decreased by 2,979 million yen from the same period of the previous year, resulting in 5,646
million yen. On a foreign currency basis, it decreased by 33.7%.
Operating income decreased by 696 million yen from the same period of the previous year, resulting in 341 million yen.
On a foreign currency basis, it decreased by 67.0%.
(v) China
Net sales of products for automobile industry and construction industrial machines recovered ahead of other countries, but
decreased from the previous fiscal year due to the impact of the spread of novel coronavirus. As a result, the net sale in the
China segment decreased by 578 million yen from the same period of the previous year, resulting in 9,350 million yen. On
a foreign currency basis, it decreased by 3.6%.
The operating income decreased by 239 million yen from the same period of the previous year due to decreased of net
sales etc., resulting in 1,049 million yen. On a foreign currency basis, it decreased by 16.2%.
(2) Consolidated financial position
1) Assets, liabilities and net assets
Total assets at the end of current second quarter of the fiscal year under review resulted in 81,475 million yen (down7,017 million yen from the end of the previous fiscal year) due to the decrease of accounts receivable-trade and tangible
fixed assets etc.
Total liabilities resulted in 40,244 million yen (down 3,401 million yen) due to the decrease of accounts payable-tradeand provision for bonuses etc.
Net assets resulted in 41,230 million yen (down 3,616 million yen) due to the decrease of retained earnings and foreign
currency translation adjustment etc.
2) Cash flows
Cash and cash equivalents at the end of the current second quarter of the fiscal year under review totaled 12,650 million yen,decrease of 2,256 million yen from the end of the previous fiscal year.
The factors for increase or decrease of each cash flow in the current second quarter consolidated accumulative period
are as follows.
Net cash provided by operating activities was 1,692 million yen, an increase of 1,451 million yen year on year due tothe decrease of notes and accounts receivable–trade etc. Net cash used in investing activities was 2,437 million yen, an
increase of 3,649 million yen year on year. Net cash used in financing activities was 21 million yen, an increase of 199
million yen year on year due to the increase of interest-bearing liabilities etc.
(3) Future projections including forecasts of consolidated financial performance
We did not revise the forecast of consolidated financial performance released on May 18, 2020, as the financial results forthe first six months of the fiscal year under review were within the expected range.

5

2. Quarterly Consolidated Financial Statements and main notes(1) Quarterly consolidated balance sheets(Millions of yen)
FY2020_2Q

FY2019As of March 31, 2020

As of September 30,
2020

AmountAmount(Assets)
Current assets
Cash and deposits

13,41912,332

Notes and accounts receivable-trade22,274

19,391

Electronically recorded monetary claims-operating

3,873

2,527

Short-term investment securities

499

489

Merchandise and finished goods

3,864

3,332

Work in process

741

597

Raw materials and supplies

5,725

6,608

Others

2,603

2,147

Allowance for doubtful accounts

(73)

(149)

52,92747,279Building and structures, net

6,501

6,216

Machinery, equipment and vehicles, net

15,687

15,411

Land

2,374

2,351

Total current assets
Noncurrent assets
Tangible fixed assets

Lease assets, net

526

471

Construction in progress

4,104

3,603

Other tangible fixed assets, net

2,131

2,208

Total tangible fixed assets

31,32630,262

Goodwill

111

53

Others

1,173

1,175

Total intangible assets

1,284

1,228

2,206

1,995

Intangible assets

Investments and other assets
Investment securities
Deferred tax assets

78

63

Others681

658

Allowance for doubtful accounts

(13)

(13)

Total investments and other assets

2,953

2,703

35,56534,19588,493

81,475

Total noncurrent assets
Total assets

6

(Millions of yen)
FY2020_2Q

FY2019As of March 31, 2020

As of September 30,
2020

AmountAmount(Liabilities)
Current liabilities
Notes and accounts payable-trade12,14910,791

Electronically recorded obligations – operating

3,414

2,439

Short-term loans payable

6,205

10,799Lease obligations

611

540

Income taxes payable

791

447

Accrued expenses

2,779

2,394

Provision for bonuses

1,282

835

Provision for directors’ bonuses

430Provision for product warranties

181

233

Provision for shareholders benefit program

39

6

Provision for loss on order received

92

86Electronically recorded obligations - non-operating

384

259

Asset retirement obligations

200

100

Others

1,495

1,493

Total current liabilities

29,67130,428Long-term loans payable

10,0396,054

Lease obligations

2,350

2,105

Deferred tax liabilities

940

1,031

Noncurrent liabilities

4－

Net defined benefit liability

410

431

Asset retirement obligations

91

91

Provision for directors' retirement benefits

OthersTotal noncurrent liabilities
Total liabilities

138

102

13,974

9,816

43,64640,244

8,545

8,570

(Net assets)
Shareholders’ equity
Capital stock
Capital surplus

7,496

7,521

Retained earnings

29,06526,236

Treasury stock(2,257)(2,258)

Total shareholders’ equity

42,85040,070(6)(4)

Foreign currency translation adjustment(405)(1,221)Remeasurements of defined benefit plans

152

147

Total accumulated other comprehensive income(259)(1,078)Non-controlling interests

2,256

2,238

Total net assets

44,846

41,230Total liabilities and net assets

88,493

81,475

Accumulated other comprehensive income
Valuation difference on available-for-sale securities7(2) Quarterly consolidated statements of income and quarterly consolidated statement of comprehensive income(Quarterly consolidated statements of income)(Millions of yen)Six months ended
September 30, 2020

Six months ended
September 30, 2019
(Apr. 1, 2019–September 30, 2019)(Apr. 1, 2020–September 30, 2020)

AmountAmountNet sales

66,10048,768

Cost of sales

59,14245,951Gross profit

6,958

2,817

Packing and delivery expenses

765

587

Salaries and allowances

1,069

971

Provision for bonuses

310

209

Provision for directors’ bonuses

34

0

Selling, general and administrative expenses

Retirement benefit expenses

42

40

Welfare expenses

686

550

Provision for product warranties

108

131

Research and development expenses

589

519

Others

1,684

1,442

Total selling, general and administrative expenses

5,292

4,452

Operating income (loss)

1,666(1,634)

Interest income

6252

Dividends income

933

Equity in earnings of affiliates

38－

Foreign exchange gains－

23

Subsidy income－

89

Others55

114

Total non-operating income

250

283

Interest expenses

147

137

Equity in losses of affiliates－

152

Foreign exchange losses

120－

Non-operating income

Non-operating expenses

Others14

5

Total non-operating expenses

282

296

Ordinary income (loss)

1,633(1,647)

8

(Millions of yen)Six months ended
September 30, 2020

Six months ended
September 30, 2019
(Apr. 1, 2019–September 30, 2019)(Apr. 1, 2020–September 30, 2020)

AmountAmountExtraordinary income
Gain on sales of noncurrent assets

36

39

Gain on sales of investment securities

1,350

－

Total extraordinary income

1,387

39

Loss on sales of noncurrent assets

2

34

Loss on retirement of noncurrent assets

52

76

Loss on sales of investment securities

382－

Loss on liquidation of subsidiaries and associates－

12

Surcharges

11

3

Total extraordinary loss

449

126

Income (loss) before income taxes

2,571(1,734)

Income taxes-current

1,162

481

Income taxes-deferred

(457)

109

Total income taxes

704

590

Profit (loss)

1,867(2,324)

Profit (loss) attributable to non-controlling interests

165

144

Profit (loss) attributable to owners of parent

1,701(2,469)Extraordinary loss

9

(Quarterly consolidated statement of comprehensive income)(Millions of yen）
Six months ended
September 30, 2020

Six months ended
September 30, 2019
(Apr. 1, 2019–September 30, 2019)(Apr. 1, 2020–September 30, 2020)

AmountAmount1,867(2,324)

Valuation difference on available-for-sale securities

(369)

1

Foreign currency translation adjustment

(426)

(820)

Remeasurements of defined benefit plans, net of tax

(13)

(4)

(11)

(59)

Total other comprehensive income

(820)

(883)

Comprehensive income

1,046(3,207)

Comprehensive income attributable to owners of the parent

932(3,287)

Comprehensive income attributable to non-controlling interests

113

79

Profit (loss)
Other comprehensive income

Share of other comprehensive income of associates accounted for using equity
method(Breakdown)

10(3) Quarterly consolidated statements of cash flows(Millions of yen)Six months ended
September 30, 2020

Six months ended
September 30, 2019
(Apr. 1, 2019–September 30, 2019)(Apr. 1, 2020–September 30, 2020)

AmountAmountNet cash provided by (used in) operating activities
Profit (loss) before income taxes

2,571(1,734)

Depreciation and amortization

2,917

3,060

Retirement benefit expenses

(18)

(6)

Increase(decrease) in net defined benefit liability

51

28

Increase (decrease) in provision for directors' retirement benefits

1(4)Increase (decrease) in allowance for doubtful accounts

(1)

76

Increase (decrease) in provision for bonuses

44

(446)

Increase (decrease) in provision for directors' bonuses

(49)

(42)

Increase (decrease) in provision for product warranties

(20)

56

Loss on retirement of noncurrent assets

52

76

Loss(gain) on sales of tangible fixed assets

(34)

(5)

Loss (gain) on sales of securities

(968)

－

11

3

Interest and dividends income

(156)

(56)

Interest expenses

147

137

Foreign exchange losses (gains)－(2)

Equity in (earnings) losses of affiliates

(38)

152

Surcharges

314

3,809

Decrease(increase) in inventories(1,025)(496)

Increase(decrease) in notes and accounts payable-trade(2,376)(2,175)Decrease(increase) in notes and accounts receivable-trade

Decrease(increase) in other current assets

169

329

Increase (decrease) in other current liabilities

(456)

(341)

Other, net

6960

Subtotal

1,205

2,480

Interest and dividends income received

325

56

Interest expenses paid

(146)

(131)

Income taxes paid

(897)

(712)

Surcharges paid

(246)

－

Net cash provided by (used in) operating activities

240

1,692

11

(Millions of yen)Six months ended
September 30, 2020

Six months ended
September 30, 2019
(Apr. 1, 2019–September 30, 2019)(Apr. 1, 2020–September 30, 2020)

AmountAmountNet cash provided by (used in) investing activities(3,975)Purchase of tangible assets(2,508)47

165

Purchase of intangible assets

(265)

(129)

Proceeds from sales of investment securities

5,299

1

Payments into time deposit

(24)

(465)

Proceeds from withdrawal of time deposits

99

485

Proceeds from sales of tangible fixed assets

OthersNet cash provided by (used in) investing activities

30

14

1,212

(2,437)

1,005

1,252

Net cash provided by (used in) financing activities
Net increase (decrease) in short-term loans payable
Proceeds from long-term loans payable

2,300

－

Repayment of long-term loans payable(1,472)(502)

Purchase of treasury stock(1,355)(0)Cash dividends paid

(397)

(359)

Cash dividends paid to non-controlling shareholders

(72)

(132)

Others

(227)

(278)

Net cash provided by (used in) financing activities

(220)

(21)

Effect of exchange rate change on cash and cash equivalents

(152)

(308)

Net increase (decrease) in cash and cash equivalents

1,080(1,074)

Cash and cash equivalents at beginning of period

13,826

13,724

Cash and cash equivalents at end of period

14,907

12,65012

(4) Notes to quarterly consolidated financial statements(Going concern assumptions)Not applicable(Notes in the event of significant changes in shareholders’ equity)
According to the Board of Directors’ resolution on July 20, 2020, we issued new shares on August 20, 2020, as
restricted stock compensation (transfer-restricted share compensation) for directors and managing executive
officers. The capital stock increased by 24 million yen, and the capital surplus increased by 24 million yen
during the second quarter of the current consolidated cumulative period.
As a result, as of the end of the second quarter of the current consolidated fiscal year, the capital stock was
8,570 million yen, and the capital surplus was 7,521 million yen.
(Additional information)(About the accounting estimate associated with the spread of novel coronavirus infections)
During the second quarter of the current consolidated cumulative period, as a result of the spread of novel
coronavirus infections, we were significantly affected by the suspension of our business partners’ operations. At
this time, it is difficult to determine the impact on the Group because the timing of the termination of thepandemic is unpredictable.
During the second quarter of the current consolidated cumulative period, our financial estimates were madeafter considering the latest sales information. The estimates were based on the assumptions (the sales are
assumed to recover from July 2020 through March 2021 gradually) made in the previous consolidated fiscal
year (ending March 2020).

13

(Segment information)
I Six months ended September 30, 2019 (from April 1, 2019 to September 30, 2019)
1. Net sales and profit (loss) by reportable segments(Millions of yen)
Reportable segment

Net Sales:
Sales to outside customers
Intersegment sales orTransfers
Total
Segment income (loss)

China

Total

Others(Note 3)

8,626

9,929

65,580519

66,100

240

32

826

4,632

1,638

6,271

1,549
(566)

8,658
1,037

10,755
1,289

70,213
1,319

2,157
74

72,371
1,394

Japan

UnitedStatesEurope29,147

16,568

1,308

3,456

76

32,604(289)

16,645
(150)

Asia

Total

Note: 1. Our Group consists of the Company and these overseas corporations which are based on a manufacturing
and sales structure. As such, “Japan”, “the United States”, “Europe”, “Asia” and “China” are our fivereportable segments.
2. Major countries or regions belong to each reportable segment
Europe ··············· the Czech Republic, Russia, Germany
Asia ················· Thailand, Indonesia, Vietnam
3. “Others” comprises business operations that are not categorized as reportable segments and includes thebusiness activities of domestic subsidiaries, such as the transportation business.
2. Difference between total segment income (loss) for reportable segments and operating income on consolidated
statements of income, and details of the difference (reconciliation of the difference)(Millions of yen)
Income or loss
AmountTotal segment income
1,319
Income for “Others”
74
Intersegment eliminations
271
Operating income on consolidated statements of income
1,666
3. Impairment loss on noncurrent assets and goodwill, etc., by reportable segment(Significant impairment loss on noncurrent assets)
Not applicable(Significant change in goodwill amount)Not applicable(Significant gain on bargain purchase)
Not applicable14

II Six months ended September 30, 2020 (from April 1, 2020 to September 30, 2020)
1. Net sales and profit (loss) by reportable segments(Millions of yen)
Reportable segment

Net Sales:
Sales to outside customers
Intersegment sales ortransfers
Total
Segment income (loss)

Others(Note 3)

Total

Japan

UnitedStatesEurope21,366

10,821

1,090

5,646

9,350

48,275493

48,768

2,570

156

156

26

643

3,553

807

4,361

23,936

10,977

1,247

5,673

9,994

51,8291,301

53,130(1,765)(1,043)

(279)

341

1,049

(1,698)(15)(1,713)

Asia

China

Total

Note: 1. Our Group consists of the Company and these overseas corporations which are based on a manufacturing
and sales structure. As such, “Japan”, “the United States”, “Europe”, “Asia” and “China” are our fivereportable segments.
2. Major countries or regions belong to each reportable segment
Europe ··············· the Czech Republic, Russia, Germany
Asia ················· Thailand, Indonesia, Vietnam
3. “Others” comprises business operations that are not categorized as reportable segments and includes thebusiness activities of domestic subsidiaries, such as the transportation business.
2. Difference between total segment income (loss) for reportable segments and operating income on consolidated
statements of income, and details of the difference (reconciliation of the difference)(Millions of yen)
Income or loss
AmountTotal segment income(loss)(1,698)
Income(loss) for “Others”(15)
Intersegment eliminations
78
Operating income on consolidated statements of income(loss)(1,634)
3. Impairment loss on noncurrent assets and goodwill, etc., by reportable segment(Significant impairment loss on noncurrent assets)
Not applicable(Significant change in goodwill amount)Not applicable(Significant gain on bargain purchase)
Not applicable15

3. Supplementary information
Sales states (consolidated)(Millions of yen)Six months ended
September 30, 2019

Six months ended
September 30, 2020

(Apr. 1, 2019–September.30, 2019)(Apr. 1, 2020–September.30, 2020)

Amount%Amount%

FY2019

Increase/Decrease(Apr 1.2019-Mar 31,2020)

Amount%Amount%For Automobile

48,622

73.6

36,16074.1-12,462-25.6

98,37775.4

For Construction &Industrial machine

14,24021.5

10,26021.0-3,980-28.0

26,147

20.0

For Air conditioner

1,710

2.6

1,005

2.1

-704

-41.2

3,158

2.4

Other

1,526

2.3

1,342

2.8

-184

-12.1

2,841

2.2

66,100100.0
48,768
Total
Notes: Amounts less than one million yen have been truncated.

100.0-17,331-26.2

130,524100.0

16