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Summary of Financial Statements

2011.11.15 updated

Summary of 2nd Quarter Report for Fiscal Year 2011(April 1, 2011 through September 30, 2011)

(*)Qualification: This is directly translated into English for the convenience of readers, and all financial results with the accounting principles generally accepted in Japan

( Million yen )

[Consolidated] 2Q of FY2011 2Q of FY2010
Net sales 271,774 237,228
Changes from the previous year (%) 14.6 ▲1.7
Operating income 6,355 3,314
Changes from the previous year (%) 91.7 ▲12.9
Ordinary income 5,280 684
Changes from the previous year (%) 671.6 ▲77.5
Net income 2,073 ▲1,321
Changes from the previous year (%)
Net income per share 7.51 ▲4.78
Total assets 408,911 399,718(FY2010)
Net assets 71,551 70,807(FY2010)
Dividend 2nd Quarter 5yen
4th Quarter 5yen
Fiscal Year 10yen
2nd Quarter 5yen
4th Quarter 5yen
Fiscal Year 10yen

Overview of the Overview of the second quarter of the consolidated fiscal year

During the second quarter of the current consolidated fiscal year, the Japanese economy, despite the advancement of restoration of the supply chain, which had been severely damaged by the Great East Japan Earthquake, as well as some signs of recovery in personal consumption, is still experiencing an uncertain condition on fears regarding the power supply and uneasiness about radioactive materials following the disaster, in addition to the effects of the prolonged surge of the yen.

In terms of the global economy, the U.S. suffered a deterioration of business confidence due to the high
unemployment rate and a slowdown in personal consumption. Europe was facing fears that financial problems in Greece, Spain and Italy would have a ripple effect on the global financial crisis, while Asia enjoyed continuous economic growth in China, with signs that growth is somewhat slowing down.

Under these circumstances, as consolidated results for the second quarter of the fiscal year, we recorded sales of 271,774 million yen, up 34,546 million yen year-on-year; operating income of 6,355 million yen, up 3,040 million yen year-on-year; ordinary income of 5,280 million yen, up 4,596 million year-on-year, and net income of 2,073 million yen, up 3,395 million yen year-on-year.

PDF Summary of 2nd Quarter Report for Fiscal Year 2011(April 1, 2011 through September 30, 2011)

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