Fiscal Year 2009 Annual Financial Report

CONSOLIDATED FINANCIAL STATEMENTS
(for the fiscal year 2009, ended December 31, 2009)
Name of Company :
SUMIDA CORPORATION
Address of Head Office : Asahi Building, 3-12-2, Nihonbashi, Chuo-ku, Tokyo, Japan , 103-8589
Stock Listing :
Tokyo Stock Exchange , First Section
Security Cord No.:
6817
Representative :
Mr. Shigeyuki Yawata, CEO
Contact :
Mr. Saburo Matsuda, CFO
Phone:
+81-(0)3-3272-7101
Date of General Meeting of Shareholders : March 20, 2010
Date of Submission of Marketable Securities Fillings : March 23, 2010
Date on which Dividend Payments to Commence : March 5, 2010
1. CONSOLIDATED OPERATING RESULTS FOR FY 2009 ENDED DECEMBER 31, 2009
(1) Results of operations
Net sales
Millions of yen
43,653
FY ended Dec. 31, 2009
FY ended Dec. 31, 2008
% Change
(21.7)
55,734
FY ended Dec. 31, 2009
FY ended Dec. 31, 2008
(2,009)
(5,743)
(146)
-
Net income per share (Fully diluted)
Yen
Yen
(104.57)
(298.91)
-
Ratio of ordinary income
to total assets
(16.6%)
(27.1%)
Ordinary income
Millions of yen % Change
(774)
-
(54.0)
Net income per share (Basic)
% Change
-
Ratio of net income
to shareholders' equity
FY ended Dec. 31, 2009
FY ended Dec. 31, 2008
Notes: Equity method earnings for the year ended December 31, 2009
Equity method earnings for the year ended December 31, 2008
2,167
(20.6)
Net income
Millions of yen
Operating income
Millions of yen % Change
(233)
-
(1.3%)
(0.2%)
Ratio of operating income
to net sales
(0.5%)
3.9%
- Millions of yen
- Millions of yen
(2) FINANCIAL CONDITIONS
Total assets
Net assets
Millions of yen
Millions of yen
54,505
11,068
60,814
14,700
10,482 Millions of yen
13,795 Millions of yen
As of Dec. 31, 2009
As of Dec. 31, 2008
Notes: Shareholders' equity at December 31, 2009
Shareholders' equity at December 31, 2008
Equity ratio
Millions of yen
19.2
22.7
Net assets per shares
Millions of yen
545.55
718.04
(3) Resuls of cash flows
Cash flows from
operating activities
Cash flows from
investing activities
Cash flows from
operating activities
Millions of yen
1,888
2,015
Millions of yen
(129)
(1,687)
Millions of yen
(3,530)
2,717
End of 1st Quarter
Yen
5.00
10.00
End of 2nd Quarter
Yen
5.00
10.00
Dividends per shares
End of 3rd Quarter
Yen
5.00
10.00
End of 4th Quarter
Yen
5.00
10.00
5.00
5.00
5.00
5.00
FY ended Dec. 31, 2009
FY ended Dec. 31, 2008
Balance of cash
& cash equivalents
Millions of yen
9,063
10,502
2. Dividends
FY ended Dec. 31, 2009
FY ended Dec. 31, 2008
FY ended Dec.31, 2010
(Forecast)
Total dividends
Millions of yen
FY ended Dec. 31, 2009
FY ended Dec. 31, 2008
FY ended Dec.31, 2010
(Forecast)
Ratio of dividends to net
assets (Consolidated)
Dividends ratio
(%)
384
768
(%)
19.2
3.2
3.4
Total
Yen
20.00
40.00
20.00
3. CONSOLIDATED FORECASTS FOR THE YEAR ENDING DECEMBER 31, 2010 (January 1, 2010 - December 31, 2010)
Net sales
Millions of yen
2nd Quarter (YTD)
FY2010
2nd Quarter (YTD)
FY2010
24,400
50,000
Net income
Millions of yen
890
% Change
30.9
14.5
Operating income
Millions of yen % Change
1,360
3,000
-
Ordinary income
Millions of yen % Change
1,060
2,700
-
Net income per share (Basic)
% Change
-
2,000
-
Yen
46.32
104.10
4. Others
(1) Changes in the state of material subsidiaries during the period (changes regarding specific subsidiaries attendant with change in scope of
consolidation):
Sumida Finance B.V., Concord Electronics Industries
Newly consolidated subsidiaries:
SUMIDA DE MEXICO, S.A. C.V.
Exclusion consolidated subsidiaries:
(2) Changes in principles, procedures, and presentation methods, etc., related to the consolidated financial statements (Changes in material
items that form the basis for the preparation and presentation of the consolidated financial statements)
(a) Changes related to revisions in accounting principles: Yes
(b) Changes aside from those in (a) above: None
(3) Number of shares issued (common stock):
(a) Number of shares at the end of the period (including treasury stock):
Fiscal year ended December 31, 2009: 19.944,317
Fiscal year ended December 31, 2008: 19,944,317
(b) Number of treasury shares at the end of the period:
Fiscal year ended December 31, 2009: 731,669
Fiscal year ended December 31, 2008: 731,545