TDK Corporation
1-13-1, Nihonbashi
Chuo-ku, Tokyo
103-8272 Japan
Contacts;
TDK Corporation(Tokyo)
Corporate Communications Department
+81(3)5201-7102
Michinori Katayama
TDK U.S.A. Corporation
Francis J. Sweeney
+1(516)535-2600
TDK Marketing Europe GmbH
(UK Branch)
Ron Matier
+44(1737)773773
FOR IMMEDIATE RELEASE
TOKYO - October 28, 2004 TDK Corporation today announced its Consolidated business results
prepared in conformity with accounting principles generally accepted in the United States of
America (the "U.S. GAAP") for the first half of fiscal year ("FY") 2005 and the 2nd quarter ("Qtr.")
and Non-Consolidated business results for the first half of FY 2005.
I. Consolidated
I-1) Summary
Consolidated results (April 1, 2004 - September 30, 2004)
Term
Item
Net sales
Operating income
Income before
income taxes
Net income
Per common share :
Net income / Basic
Net income / Diluted
The first half of FY2005
The first half of FY2004
Change
(April 1, 2003 - Sep. 30, 2003)
(April 1, 2004 - Sep. 30, 2004)
(Yen millions)
% (U.S.$ thousands) (Yen millions)
% (Yen millions)
%
318,770
26,889
100.0
8.4
2,871,802
242,243
316,279
24,020
100.0
7.6
2,491
2,869
0.8
11.9
28,804
9.0
259,495
25,014
7.9
3,790
15.2
19,869
6.2
179,000
19,257
6.1
612
3.2
Yen 150.11
Yen 150.00
U.S.$ 1.35
U.S.$ 1.35
Yen 145.27
Yen 145.27
(Sales breakdown)
Term
Product
Electronic materials
and components
Electronic materials
Electronic devices
Recording devices
Semiconductors
& others
Recording media
& systems
Total sales
Overseas sales
The first half of FY2005
The first half of FY2004
Change
(April 1, 2003 - Sep. 30, 2003)
(April 1, 2004 - Sep. 30, 2004)
(U.S.$
thousands)
(Yen millions)
(Yen millions)
%
% (Yen millions)
%
262,364
82.3
2,363,640
254,352
80.4
8,012
3.1
91,036
57,511
103,333
28.6
18.0
32.4
820,144
518,117
930,928
82,302
52,451
111,423
26.0
16.6
35.2
8,734
5,060
(8,090)
10.6
9.6
-7.3
10,484
3.3
94,451
8,176
2.6
2,308
28.2
56,406
17.7
508,162
61,927
19.6
(5,521)
-8.9
318,770
231,138
100.0
72.5
2,871,802
2,082,324
316,279
234,743
100.0
74.2
2,491
(3,605)
0.8
-1.5
Note: U.S.$1=Yen 111
1
Consolidated
2nd Qtr. Consolidated results
Consolidated results (July 1, 2004 - September 30, 2004)
Term
Item
Net sales
Operating income
Income before
income taxes
Net income
Per common share :
Net income / Basic
Net income / Diluted
The 2nd Qtr. of FY2005
The 2nd Qtr. of FY2004
Change
(July 1, 2003 - Sep. 30, 2003)
(July 1, 2004 - Sep. 30, 2004)
(U.S.$
thousands)
(Yen millions)
(Yen millions)
%
% (Yen millions)
160,879
12,864
100.0
8.0
1,449,360
115,892
163,063
13,840
100.0
8.5
13,854
8.6
124,811
13,850
8.5
9,706
6.0
87,441
11,232
6.9
Yen 73.36
Yen 73.31
U.S.$ 0.66
U.S.$ 0.66
(2,184)
(976)
%
-1.3
-7.1
4
(1,526)
-13.6
Yen 84.76
Yen 84.76
(Sales breakdown)
Term
Product
Electronic materials
and components
Electronic materials
Electronic devices
Recording devices
Semiconductors
& others
Recording media
& systems
Total sales
Overseas sales
The 2nd Qtr. of FY2005
The 2nd Qtr. of FY2004
Change
(July 1, 2003 - Sep. 30, 2003)
(July 1, 2004 - Sep. 30, 2004)
(Yen millions)
% (U.S.$ thousands) (Yen millions)
% (Yen millions)
%
131,896
82.0
1,188,252
130,563
80.1
1,333
46,273
29,263
51,170
28.8
18.2
31.8
416,874
263,630
460,991
41,882
26,634
57,583
25.7
16.3
35.3
4,391
2,629
(6,413)
5,190
3.2
46,757
4,464
2.8
28,983
18.0
261,108
32,500
19.9
(3,517)
-10.8
160,879
116,025
100.0
72.1
1,449,360
1,045,270
163,063
121,960
100.0
74.8
(2,184)
(5,935)
-1.3
-4.9
Note: U.S.$1=Yen 111
2
726
1.0
10.5
9.9
-11.1
16.3