1Q of FY03/2011

Financial Chart (Consolidated)

   
 1Q2Q3Q4Q
Sales6171,1411,6512,449
Operating income-82-161-261-190
Ordinary income-52-204-289-219
Net income-50-204-290-225
 1QFCST
Sales5942,636
Operating income-3657
Ordinary income-10057
Net income-27132
   
 


Financial Statements (Consolidated)

Quarterly Consolidated BS
(\ thousand)
Current 1Q period
(As of Jun 30, 2010) 		Previous year
(As of Mar 31, 2010)
  Assets
    Current assets
      Cash and deposits 1,518,290 1,532,069
      Notes and accounts receivable-trade 535,819 588,066
      Short-term investment securities 8,533 8,531
      Merchandise and finished goods 152,588 114,656
      Work in process 79,074 102,580
      Raw materials 252,269 226,650
      Other 140,982 34,452
      Total current assets 2,687,560 2,607,007
    Noncurrent assets
      Property, plant and equipment
        Buildings and structures, net 2,060,521 2,082,229
        Machinery, equipment and vehicles, net 41,581 43,962
        Land 1,625,927 1,625,927
        Lease assets, net 7,225 8,034
        Construction in progress 4,071 -
        Other, net 95,206 101,562
        Total property, plant and equipment 3,834,533 3,861,716
      Intangible assets 103,867 101,090
      Investments and other assets 686,978 824,018
      Total noncurrent assets 4,625,379 4,786,825
    Total assets 7,312,939 7,393,833
  Liabilities
    Current liabilities
      Notes and accounts payable-trade 280,899 226,758
      Income taxes payable 4,448 10,957
      Provision for bonuses 56,895 20,248
      Other 82,437 94,892
      Total current liabilities 424,680 352,856
    Noncurrent liabilities
      Provision for retirement benefits 220,174 218,331
      Provision for directors' retirement benefits 138,679 215,399
      Asset retirement obligations 10,433 -
      Other 7,143 9,909
      Total noncurrent liabilities 376,431 443,641
    Total liabilities 801,112 796,497
  Net assets
    Shareholders' equity
      Capital stock 4,978,566 4,978,566
      Capital surplus 1,209,465 1,209,465
      Retained earnings 452,662 480,192
      Treasury stock -65 -65
      Total shareholders' equity 6,640,629 6,668,158
    Valuation and translation adjustments
      Valuation difference on available-for-sale securities -26,970 13,086
      Foreign currency translation adjustment -101,831 -83,909
      Total valuation and translation adjustments -128,801 -70,823
    Total net assets 6,511,827 6,597,335
  Total liabilities and net assets 7,312,939 7,393,833
Quarterly Consolidated P/L (YTD)
(\ thousand)

(From Apr 1, 2009
To Jun 30, 2009) 		Current 1Q period (YTD)
(From Apr 1, 2010
To Jun 30, 2010)
  Net sales 617,921 594,483
  Cost of sales 424,025 381,492
  Gross profit 193,895 212,991
  Selling, general and administrative expenses 276,410 249,493
  Operating loss -82,514 -36,501
  Non-operating income
    Interest income 2,678 6,223
    Dividends income 667 681
    Rent income 1,680 -
    Foreign exchange gains 34,073 -
    Subsidy income - 3,888
    Other 2,352 244
    Total non-operating income 41,452 11,037
  Non-operating expenses
    Interest expenses 150 103
    Depreciation 7,115 -
    Foreign exchange losses - 64,373
    Other 4,156 10,896
    Total non-operating expenses 11,422 75,373
  Ordinary loss -52,484 -100,837
  Extraordinary income
    Reversal of allowance for doubtful accounts 603 -
    Reversal of provision for directors' retirement benefits - 79,969
    Other - 1,850
    Total extraordinary income 603 81,819
  Extraordinary loss
    Loss on retirement of noncurrent assets 22 7
    Loss on adjustment for changes of accounting standard for asset retirement obligations - 5,937
    Total extraordinary losses 22 5,944
  Loss before income taxes and minority interests -51,903 -24,962
  Income taxes -992 2,566
  Net loss -50,910 -27,529
Quarterly Consolidated CF
(\ thousand)

(From Apr 1, 2009
To Jun 30, 2009) 		Current 1Q period (YTD)
(From Apr 1, 2010
To Jun 30, 2010)
  Net cash provided by (used in) operating activities
    Loss before income taxes and minority interests -51,903 -24,962
    Depreciation and amortization 49,412 42,471
    Increase (decrease) in provision for retirement benefits 7,136 1,842
    Increase (decrease) in provision for directors' retirement benefits 4,392 -75,930
    Increase (decrease) in provision for bonuses 27,450 36,682
    Increase (decrease) in allowance for doubtful accounts -603 -
    Loss on adjustment for changes of accounting standard for asset retirement obligations - 6,037
    Interest and dividends income -3,346 -6,889
    Interest expenses 150 103
    Foreign exchange losses (gains) -41,029 57,759
    Loss (gain) on sales of investment securities - -1,850
    Loss on retirement of noncurrent assets 22 7
    Decrease (increase) in notes and accounts receivable-trade 130,504 40,757
    Decrease (increase) in inventories 61,550 -40,209
    Increase (decrease) in notes and accounts payable-trade -81,549 62,989
    Increase (decrease) in accrued consumption taxes -5,409 -10,711
    Other, net -60,750 -19,305
    Subtotal 36,026 68,792
    Interest and dividends income received 2,337 4,471
    Interest expenses paid -150 -103
    Income taxes paid -5,774 -6,827
    Net cash provided by (used in) operating activities 32,438 66,333
  Net cash provided by (used in) investing activities
    Purchase of property, plant and equipment -26,583 -4,025
    Proceeds from sales of property, plant and equipment 1,158 -
    Purchase of intangible assets - -2,060
    Repayments of guarantee deposits received -11,730 -
    Net cash provided by (used in) investing activities -37,154 -6,085
  Net cash provided by (used in) financing activities
    Cash dividends paid -54 -18
    Repayments of lease obligations -816 -862
    Net cash provided by (used in) financing activities -870 -880
  Effect of exchange rate change on cash and cash equivalents 52,389 -73,142
  Net increase (decrease) in cash and cash equivalents 46,803 -13,776
  Cash and cash equivalents at beginning of period 1,432,811 1,540,600
  Cash and cash equivalents at end of period 1,479,614 1,526,824