TDK Corporation (6762) FY 2014 Third Quarter Financial Results (U.S. GAAP) (2)Statements of Income and Statements of Comprehensive Income [9-month-period results] Statements of Income Term The 9-month-period of FY2013 (April 1, 2012 December 31, 2012) (Yen millions) Item Net sales Cost of sales Gross profit Selling, general and administrative expenses Operating income Other income (deductions): Interest and dividend income Interest expense Foreign exchange gain (loss) Other-net Total other income (deductions) % 625,354 491,125 134,229 108,901 25,328 100.0 78.5 21.5 17.4 4.1 Change (April 1, 2013 December 31, 2013) (Yen millions) 484,728 378,516 106,212 89,442 16,770 % 100.0 78.1 21.9 18.5 3.5 (U.S.$ thousands) 4,616,457 3,604,914 1,011,543 851,829 159,714 (Yen millions) Change(%) (140,626) (112,609) (28,017) (19,459) (8,558) -22.5 -22.9 -20.9 -17.9 -33.8 (765) 464 1,053 4,182 4,934 - -0.7 1,403 (1,678) 201 1,024 950 0.2 13,362 (15,981) 1,914 9,752 9,048 21,344 3.4 17,720 3.7 168,762 (3,624) -17.0 8,301 1.3 7,143 1.5 68,029 (1,158) -14.0 13,043 2.1 10,577 2.2 100,733 (2,466) -18.9 -0.0 (3,551) -0.7 (33,819) (3,452) - 12,944 2.1 7,026 1.4 66,914 (5,918) -45.7 Less: Net income attributable to noncontrolling interests 2,800 0.5 622 0.1 5,923 (2,178) -77.8 Net income attributable to TDK 10,144 1.6 6,404 1.3 60,990 (3,740) -36.9 Income from continuing operations before income taxes Income taxes Income from continuing operations 2,168 (2,142) (852) (3,158) (3,984) The 9-month-period of FY2014 (99) Loss from discontinued operations Net income Notes: 1. U.S.$1=Yen 105, for convenience only. 2. Operating results relating to the data tape business are separately presented as discontinued operations in consolidated statements of income for the 9-month-period of FY2014. Also reclassifications have been made to the consolidated statements of income for the 9-month-period of FY2013 to conform to the presentation used for the 9-month-period of FY2014. Statements of Comprehensive Income Term Item Net income Other conprehensive income (loss), net of taxes: Foreign currencies translation adjustments Pension liability adjustments Net unrealized gains (losses) on securities Total other comprehensive income (loss) Comprehensive income Comprehensive income attributable to noncontrolling interests Comprehensive income attributable to TDK The 9-month-period of FY2013 (April 1, 2012 December 31, 2012) (Yen millions) The 9-month-period of FY2014 (April 1, 2013 December 31, 2013) (Yen millions) (U.S.$ thousands) Change (Yen millions) 12,944 7,026 66,914 (5,918) 29,423 1,382 (1,670) 29,135 42,079 28,756 1,091 3,131 32,978 40,004 273,867 10,390 29,819 314,076 380,990 (667) (291) 4,801 3,843 (2,075) 3,642 38,437 1,439 38,565 13,705 367,286 (2,203) 128 Note: U.S.$1=Yen 105, for convenience only. 12 TDK Corporation (6762) FY 2014 Third Quarter Financial Results (U.S. GAAP) [3rd quarter results] Statements of Income Term 3Q of FY2013 (October 1, 2012 December 31, 2012) (Yen millions) Item Net sales Cost of sales Gross profit Selling, general and administrative expenses Operating income Other income (deductions): Interest and dividend income Interest expense Foreign exchange gain (loss) Other-net Total other income (deductions) Income from continuing operations before income taxes Income taxes Income from continuing operations Income (loss) from discontinued operations Net income Less: Net income attributable to noncontrolling interests Net income attributable to TDK 213,316 170,021 43,295 38,263 5,032 % 100.0 79.7 20.3 17.9 2.4 3Q of FY2014 (October 1, 2013 December 31, 2013) (Yen millions) 258,647 195,979 62,668 45,086 17,582 % 100.0 75.8 24.2 17.4 6.8 985 (855) (902) 382 (390) Change (U.S.$ thousands) 2,463,305 1,866,467 596,838 429,390 167,448 45,331 25,958 19,373 6,823 12,550 Change(%) 21.3 15.3 44.7 17.8 249.4 712 (683) (577) (1,526) (2,074) -1.0 2,958 1.4 17,192 6.6 163,733 14,234 481.2 1,528 0.7 6,070 2.3 57,809 4,542 297.3 1,430 0.7 11,122 4.3 105,924 9,692 677.8 2 0.0 1,432 0.7 1,013 419 (979) 9,381 (8,143) (8,591) 3,638 (3,715) (Yen millions) -0.2 -0.4 (9,324) 10,143 3.9 96,600 0.5 834 0.3 7,943 0.2 9,309 3.6 88,657 273 (172) (325) 1,908 1,684 - (981) 8,711 608.3 (179) -17.7 8,890 - Notes: 1. U.S.$1=Yen 105, for convenience only. 2. Operating results relating to the data tape business are separately presented as discontinued operations in consolidated statements of income for the third quarter of FY2014. Also reclassifications have been made to the consolidated statements of income for the third quarter of FY2013 to conform to the presentation used for the third quarter of FY2014. Statements of Comprehensive Income Term Item Net income Other conprehensive income (loss), net of taxes: Foreign currencies translation adjustments Pension liability adjustments Net unrealized gains (losses) on securities Total other comprehensive income (loss) Comprehensive income Comprehensive income attributable to noncontrolling interests Comprehensive income attributable to TDK 3Q of FY2013 (October 1, 2012 December 31, 2012) (Yen millions) 3Q of FY2014 (October 1, 2013 December 31, 2013) (Yen millions) (U.S.$ thousands) Change (Yen millions) 1,432 10,143 96,600 8,711 62,433 454 261 63,148 64,580 50,668 505 857 52,030 62,173 482,552 4,810 8,162 495,524 592,124 (11,765) 51 596 (11,118) (2,407) 2,454 62,126 2,034 60,139 19,372 572,752 (420) (1,987) Note: U.S.$1=Yen 105, for convenience only. 13