Finalcial Results Charts | Investor Relations

	1Q	2Q	3Q	4Q
Sales	1,030	1,875	2,848	3,802
Operating income	142	151	208	258
Ordinary income	123	83	174	217
Net income	108	23	101	73

	1Q	2Q	3Q	FCST
Sales	1,160	2,724	4,697	5,600
Operating income	166	429	792	800
Ordinary income	143	409	771	780
Net income	129	363	694	700

Financial Statements （Consolidated）

BS
P/L
CF

Consolidated BS
		(\ thousand)
	Previous year (As of Jun 30, 2009)	Curernt year (As of Jun 30, 2010)
Assets
Current assets
Cash and deposits	2,102,556	2,636,442
Notes and accounts receivable-trade	428,695	658,796
Merchandise and finished goods	608,241	750,947
Work in process	8,985	14,182
Raw materials and supplies	9,952	13,625
Deferred tax assets	-	9,000
Other	115,458	162,520
Allowance for doubtful accounts	-2,330	-3,969
Total current assets	3,271,560	4,241,546
Noncurrent assets
Property, plant and equipment
Buildings and structures	396,536	382,627
Accumulated depreciation	-103,183	-117,678
Buildings and structures, net	293,353	264,949
Machinery, equipment and vehicles	390,269	334,560
Accumulated depreciation	-276,206	-260,141
Machinery, equipment and vehicles, net	114,062	74,419
Tools, furniture and fixtures	735,286	715,449
Accumulated depreciation	-630,366	-643,962
Tools, furniture and fixtures, net	104,920	71,487
Land	293,003	288,815
Lease assets	-	26,266
Accumulated depreciation	-	-3,804
Lease assets, net	-	22,461
Construction in progress	-	30,846
Total property, plant and equipment	805,340	752,978
Intangible assets
Software	4,782	3,302
Other	1,244	792
Total intangible assets	6,026	4,095
Investments and other assets
Investment securities	30,030	227,495
Deferred tax assets	-	3,402
Other	10,244	9,011
Total investments and other assets	40,274	239,910
Total noncurrent assets	851,641	996,984
Total assets	4,123,202	5,238,531
Liabilities
Current liabilities
Accounts payable-trade	245,662	231,554
Current portion of bonds	-	350,000
Current portion of long-term loans payable	316,856	219,706
Lease obligations	-	8,986
Income taxes payable	37,674	83,942
Provision for bonuses	19,289	5,666
Other	119,668	254,766
Total current liabilities	739,150	1,154,623
Noncurrent liabilities
Bonds payable	550,000	200,000
Long-term loans payable	201,480	426,781
Lease obligations	-	16,088
Deferred tax liabilities	67,406	67,797
Negative goodwill	5,352	2,676
Other	744	166
Total noncurrent liabilities	824,983	713,509
Total liabilities	1,564,134	1,868,132
Net assets
Shareholders' equity
Capital stock	2,041,778	2,217,194
Capital surplus	2,508,354	251,999
Retained earnings	-2,137,896	843,866
Total shareholders' equity	2,412,235	3,313,060
Valuation and translation adjustments
Deferred gains or losses on hedges	-18	-
Foreign currency translation adjustment	-11,814	-130,757
Total valuation and translation adjustments	-11,832	-130,757
Subscription rights to shares	-	1,544
Minority interests	158,664	186,551
Total net assets	2,559,067	3,370,398
Total liabilities and net assets	4,123,202	5,238,531

Consolidated P/L
		(\ thousand)
	Previous year (From Jul 1, 2008 To Jun 30, 2009)	Curernt year (From Jul 1, 2009 To Jun 30, 2010)
Net sales	3,802,466	5,637,771
Cost of sales	2,276,722	3,523,102
Gross profit	1,525,744	2,114,668
Selling, general and administrative expenses	1,267,648	1,395,937
Operating income	258,096	718,730
Non-operating income
Interest income	8,197	3,252
Dividends income	-	-
Fiduciary obligation fee	1,791	-
Equity in earnings of affiliates	8,770	4,701
Amortization of negative goodwill	-	3,212
Other	3,967	4,889
Total non-operating income	22,727	16,056
Non-operating expenses
Interest expenses	18,060	20,053
Foreign exchange losses	44,896	53,068
Stock issuance cost	-	1,350
Subscription rights to shares issuance cost	-	5,715
Other	860	823
Total non-operating expenses	63,817	81,011
Ordinary income	217,005	653,776
Extraordinary income
Gain on sales of noncurrent assets	633	8,542
Reversal of allowance for doubtful accounts	497	-
Total extraordinary income	1,130	8,542
Extraordinary loss
Loss on sales of noncurrent assets	1,196	-
Loss on retirement of noncurrent assets	673	3,994
Loss on valuation of investment securities	-	75,403
Refund of investment management fees	33,869	-
Total extraordinary losses	35,740	79,398
Income before income taxes and minority interests	182,395	582,920
Income taxes-current	55,092	117,024
Income taxes-deferred	67,571	-11,983
Total income taxes	122,664	105,040
Minority interests in loss	-13,868	-72,112
Net income	73,599	549,992

Consolidated CF
		(\ thousand)
	Previous year (From Jul 1, 2008 To Jun 30, 2009)	Curernt year (From Jul 1, 2009 To Jun 30, 2010)
Net cash provided by (used in) operating activities
Income before income taxes and minority interests	182,395	582,920
Depreciation and amortization	167,939	109,466
Increase (decrease) in provision	-1,168	-10,366
Amortization of goodwill	-1,338	-2,676
Interest and dividends income	-8,197	-10,413
Interest expenses	18,060	20,053
Subscription rights to shares issuance cost	-	5,715
Equity in (earnings) losses of affiliates	-8,770	-4,701
Loss (gain) on sales of noncurrent assets	563	-8,542
Loss on retirement of noncurrent assets	673	3,994
Refund of investment management fees	33,869	-
Loss (gain) on valuation of investment securities	-	75,403
Decrease (increase) in notes and accounts receivable-trade	92,385	-320,017
Decrease (increase) in inventories	-72,671	-156,965
Increase (decrease) in notes and accounts payable-trade	-1,932	79,095
Other, net	-10,293	100,298
Subtotal	391,517	463,264
Interest and dividends income received	8,477	10,491
Interest expenses paid	-18,270	-20,449
Income taxes paid	-41,972	-46,025
Net cash provided by (used in) operating activities	339,751	407,281
Net cash provided by (used in) investing activities
Decrease (increase) in time deposits	349,370	150,000
Purchase of property, plant and equipment	-33,119	-61,339
Proceeds from sales of property, plant and equipment	5,259	9,662
Purchase of intangible assets	-2,096	-240
Purchase of investment securities	-	-272,010
Purchases of other securities of affiliates	-63,530	-
Other, net	0	-330
Net cash provided by (used in) investing activities	255,883	-174,258
Net cash provided by (used in) financing activities
Proceeds from long-term loans payable	150,000	500,000
Repayment of long-term loans payable	-323,255	-371,849
Repayments of lease obligations	-	-1,191
Proceeds from issuance of stock resulting from exercise of subscription rights to shares	-	348,875
Payments for issuance of subscription rights to shares	-	-3,339
Proceeds from stock issuance to minority shareholders	-	100,000
Net cash provided by (used in) financing activities	-173,255	572,494
Effect of exchange rate change on cash and cash equivalents	-74,852	-121,632
Net increase (decrease) in cash and cash equivalents	347,527	683,885
Cash and cash equivalents at beginning of period	1,459,398	1,952,556
Increase (decrease) in cash and cash equivalents resulting from change of scope of consolidation	145,630	-
Cash and cash equivalents at end of period	1,952,556	2,636,442