All Contents PDF (164KB)

 Consolidated Eleven-Year Summary
TDK Corporation and Subsidiaries
Years ended March 31, 2005 through 2015
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
Net sales
657,853
795,180
862,025
866,285
727,400
792,624
862,492
802,534
841,847
984,525
1,082,560
(Overseas sales)
473,828
621,522
690,673
714,172
610,944
704,874
764,807
702,469
747,062
890,520
989,348
Cost of sales
484,323
585,780
622,819
635,529
605,943
604,454
645,514
624,271
668,258
763,572
802,225
Selling, general and administrative expenses
Transfer to the government of the substitutional portion of
Employees' Pension Fund:
Subsidy from the government
119,886
142,052
159,106
158,921
159,878
153,852
149,114
157,886
149,974
184,337
207,876
6,570
1,561
(Yen Million)
Loss on settlement
(33,533)
27,347
(15,340)
Gain on sale of business to Imation Corp.
Production realignment costs
(6,732)
Realignment-related gain; Sales of properties
Restructuring cost
Operating income (loss)
—
59,830
6,825
510
15,884
4,875
60,523
79,590
87,175
(54,305)
29,443
67,864
20,539
22,054
36,616
88,665
91,505
(81,630)
25,576
64,519
14,668
19,765
39,772
Income (loss) before income taxes
Income (loss) from continuing operations before income
taxes
Income taxes
60,728
66,103
23,284
21,057
Income (loss) from continuing operations
36,965
44,411
3,665
310
33,300
Net income (loss) attributable to TDK Basic
Net income (loss) attributable to TDK Diluted
Net cash flow
16,985
—
19,948
(17,041)
—
—
—
—
—
72,459
74,517
9,401
15,105
11,970
14,616
17,936
21,738
16,175
49,414
2,698
5,149
21,836
52,779
71,461
(63,160)
(3,293)
(4,410)
(4,399)
44,101
70,125
13,520
45,264
(2,454)
1,195
16,288
49,440
251.71
333.50
529.88
551.72
(489.71)
104.82
350.90
(19.06)
9.50
129.47
392.78
251.56
333.20
529.29
551.19
(489.71)
104.74
350.57
(21.42)
5.36
120.97
377.98
650.47
775.50
1,022.45
1,101.11
204.75
753.83
951.54
600.98
627.89
787.77
1,027.60
Net assets
4,832
5,311
5,759
5,557
4,297
4,215
4,142
3,957
4,461
5,050
5,865
Dividends
70.00
90.00
110.00
130.00
130.00
60.00
80.00
80.00
70.00
70.00
90.00
27.8
27.0
20.8
23.4
57.2
22.8
737.2
54.1
22.9
Total assets
808,001
923,503
989,304
935,533
1,101,036
1,091,458
1,060,853
1,072,829
1,169,642
1,239,589
1,404,282
TDK stockholders' equity
639,067
702,419
762,712
716,577
554,218
543,756
534,273
498,159
561,169
635,327
738,861
Working capital
379,746
397,131
449,830
300,859
281,536
286,370
199,186
219,918
232,693
279,504
352,364
Capital expenditures
61,005
73,911
70,440
84,312
98,425
64,370
78,638
99,653
85,606
68,606
102,525
Depreciation and amortization
52,806
58,540
65,337
71,297
89,567
83,788
77,594
80,197
77,938
83,109
80,249
Research and development
36,348
45,528
50,058
57,387
57,645
53,942
52,973
52,551
53,943
63,385
70,644
59.0
61.7
62.2
70.1
74.0
80.5
83.6
80.2
81.8
86.7
87.9
37,115
53,923
51,614
60,212
66,429
80,590
87,809
79,175
79,863
83,581
88,076
Loss (income) from discontinued operations
Net income (loss) attributable to TDK
(619)
(3,602)
Per common share (Yen) :
Payout ratio (%)
Ratio of overseas production to net sales (%)
Number of employees
—
—
Notes:
1. In accordance with the provisions of ASC No.205-20, “Presentation of Financial Statements-Discontinued Operations”, operationg results relating to the data tape business and the
blu-ray business are separately presented as discontinued operations in consolidated statements of operations for the year ended March 31, 2014. Also reclassifications are made to the
consolidated statements of operations after the year ended March 31, 2010 to conform to the presentation used for the year ended March 31, 2014.
1
Consolidated Performance Indicators(1)
TDK Corporation and Subsidiaries
Years ended March 31, 2005 through 2015
(Yen Million)
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
Net sales
657,853
795,180
862,025
866,285
727,400
792,624
862,492
802,534
841,847
984,525
1,082,560
(Overseas sales)
473,828
621,522
690,673
714,172
610,944
704,874
764,807
720,469
747,062
890,520
989,348
72.0
78.2
80.1
82.4
84.0
88.9
88.7
89.8
88.7
90.5
91.4
484,323
585,780
622,819
635,529
605,943
604,454
645,514
624,271
668,258
763,572
802,225
Ratio to net sales (%)
Cost of sales
Ratio to net sales (%)
Selling, general and administrative expenses
Ratio to net sales (%)
Operating income (loss)
Ratio to net sales (%)
Net income (loss) attributable to TDK
Ratio to net sales (%)
Capital expenditures
Percentage of net cash flow (%)
73.6
73.7
72.3
73.4
83.3
76.3
74.8
77.8
79.4
77.6
74.1
119,886
142,052
159,106
158,921
159,878
158,727
149,114
157,724
151,535
184,337
207,876
18.2
17.9
18.4
18.3
59,830
60,523
79,590
87,175
22.0
(54,305)
20.0
17.3
19.6
18.0
18.7
19.2
29,443
67,864
20,539
22,054
36,616
72,459
9.1
7.6
9.2
10.1
(7.5)
3.7
7.9
33,300
44,101
70,125
71,461
(63,160)
13,520
45,264
5.1
5.5
8.1
8.2
61,005
73,911
70,440
84,312
(8.7)
98,425
1.7
5.2
64,370
78,638
2.6
(2,454)
(0.3)
99,653
2.6
3.7
6.7
1,195
16,288
49,440
0.1
1.7
4.6
85,606
68,606
102,525
70.8
72.0
52.0
59.1
372.7
66.2
64.0
128.2
108.2
69.0
79.1
Depreciation and amortization
52,806
58,540
65,337
71,297
89,567
83,788
77,594
80,197
77,938
83,109
80,249
Net cash flow
86,106
102,641
135,462
142,758
26,407
97,308
122,858
77,743
79,133
99,397
129,689
Research and development
36,348
45,528
50,058
57,387
57,645
53,942
52,973
52,551
53,943
63,385
70,644
5.5
5.7
5.8
6.6
7.9
6.8
6.1
6.5
6.4
6.4
6.5
Percentage of net sales (%)
Notes:
1. In accordance with the provisions of ASC No.205-20, “Presentation of Financial Statements-Discontinued Operations”, operationg results relating to the data tape business and
the blu-ray business are separately presented as discontinued operations in consolidated statements of operations for the year ended March 31, 2014. Also reclassifications are
made to the consolidated statements of operations after the year ended March 31, 2010 to conform to the presentation used for the year ended March 31, 2014.
2
Consolidated Performance Indicators(2)
TDK Corporation and Subsidiaries
Years ended March 31, 2005 through 2015
(Yen Million)
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
Return on investment (%)
5.5
6.6
9.6
9.7
(8.5)
1.8
6.7
(0.4)
0.2
2.3
6.2
Return on equity (%)
5.5
6.6
9.6
9.7
(9.9)
2.5
8.4
(0.5)
0.2
2.7
7.2
Return on total assets (%)
4.2
5.1
7.3
7.4
(6.2)
1.2
4.2
(0.2)
0.1
1.4
3.7
808,001
923,503
989,304
935,533
1,101,036
1,091,458
1,060,853
1,072,829
1,169,642
1,239,589
1,404,282
0.83
0.92
0.90
0.90
0.71
0.73
0.81
0.76
0.76
0.82
0.82
216,969
243,665
246,703
267,149
348,645
318,205
318,403
332,325
365,901
374,032
427,254
Total assets
Asset turnover (Times)
Fixed assets
Fixed asset turnover (Times)
Inventories
Inventory turnover (Times)
3.1
3.5
3.5
3.4
2.4
2.4
2.7
2.5
2.4
2.7
2.7
74,924
88,968
89,789
88,816
105,684
105,069
121,679
137,231
137,868
136,387
151,012
8.64
9.70
9.64
9.70
7.48
7.64
7.69
6.29
6.19
7.18
7.53
639,067
702,419
762,712
716,577
554,218
543,756
534,273
498,159
561,169
635,327
738,861
Stockholders' equity ratio (%)
79.1
76.1
77.1
76.6
50.3
49.8
50.4
46.4
48.0
51.3
52.6
Current ratio (Times)
3.90
3.34
3.72
2.86
2.41
2.14
1.61
1.67
1.62
1.75
1.91
Debt / Equity ratio (Times)
0.00
0.02
0.01
0.02
0.52
0.50
0.46
0.55
0.55
0.45
0.40
Interest coverage ratio (Times)
63.6
430.4
433.1
437.9
7.5
23.1
7.6
8.8
11.6
25.6
Stockholders' equity
3
—
Consolidated Statements of Operations
TDK Corporation and Subsidiaries
Years ended March 31, 2005 through 2015
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
Net sales
657,853
795,180
862,025
866,285
727,400
792,624
862,492
802,534
841,847
984,525
1,082,560
Cost of sales
484,323
585,780
622,819
635,529
605,943
604,454
645,514
624,271
668,258
763,572
802,225
Gross profit
173,530
209,400
239,206
230,756
121,457
188,170
216,978
178,263
173,589
220,953
280,335
Selling, general and administrative expenses
Transfer to the government of the substitutional portion of
Employees' Pension Fund:
Subsidy from the government
119,886
142,052
159,106
158,921
159,878
153,852
149,114
157,886
149,974
184,337
207,876
6,570
1,561
36,616
72,459
(Yen Million)
Loss on settlement
(33,533)
27,347
Gain on sale of business to Imation Corp.
(15,340)
Production realignment costs
Realignment-related gain; Sales of properties
Restructuring cost
Operating income (loss)
(6,732)
6,825
510
59,830
—
60,523
79,590
87,175
—
1,692
3,605
7,025
8,284
15,884
4,875
(54,305)
29,443
—
67,864
—
20,539
—
22,054
Other income (deductions):
Interest and dividend income
Interest expense
Equity in earnings (loss) of affiliates
Gain on sale of securities
(967)
(149)
(200)
(218)
1,765
1,368
1,489
1,969
377
794
3
47
Loss on securities
(519)
Foreign exchange gain (loss)
(856)
Other-net
(594)
(1,080)
948
3,980
3,130
1,354
1,986
2,893
3,365
4,075
(2,336)
(4,010)
(2,849)
(2,977)
(2,842)
(3,457)
(2,992)
(17,011)
(1,678)
(780)
(557)
(2,388)
1,444
725
2,583
1,422
172
(6,621)
(1,509)
(259)
(5,373)
(1,190)
(447)
(150)
(3,670)
(5,392)
(1,118)
(2,285)
(787)
(136)
(1,302)
(1,846)
0
46
(117)
9,075
4,330
(27,325)
88,665
91,505
(81,630)
Income from continuing operations before income taxes
60,728
66,103
Income taxes
Income from continuing operations
Loss (income) from discontinued operations
23,284
37,444
3,665
21,057
45,046
310
16,985
19,948
Net income (loss)
36,965
44,411
71,680
479
635
1,555
33,300
44,101
70,125
1,172
1,324
970
824
(3,867)
(3,345)
(5,871)
(2,289)
3,156
2,058
25,576
64,519
14,668
19,765
39,772
700
898
(17,041)
9,401
16,175
(3,293)
15,105
49,414
(4,410)
11,970
2,698
(4,399)
14,616
5,149
(619)
17,936
21,836
(3,602)
21,738
52,779
71,557
(64,589)
12,882
45,004
(1,701)
4,530
18,234
52,779
96
(1,429)
3,335
1,946
3,339
71,461
(63,160)
1,195
16,288
49,440
74,517
(638)
13,520
(260)
45,264
Notes:
1. In accordance with the provisions of ASC No.205-20, “Presentation of Financial Statements-Discontinued Operations”, operationg results relating to the data tape business and the blu-ray
business are separately presented as discontinued operations in consolidated statements of operations for the year ended March 31, 2014. Also reclassifications are made to the consolidated
statements of operations after the year ended March 31, 2010 to conform to the presentation used for the year ended March 31, 2014.
4
476
(2,128)
94
Net income (loss) attributable to TDK
1,137
973
5,580
Less: Net income (loss) attributable to noncontrolling interests
150
(215)
898
Income (loss) before income taxes
146
753
(2,454)
Consolidated Balance Sheets
TDK Corporation and Subsidiaries
Years ended March 31, 2005 through 2015
(Yen Million)
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
251,508
239,017
289,169
166,105
165,705
132,984
129,091
167,015
213,687
250,848
265,104
11,071
1,179
23,993
67,873
50,803
6,368
9,830
8,691
20,091
1,063
3,986
17,968
22,405
17,736
827
900
Assets
Current assets:
Cash and cash equivalents
Short-term investments
Marketable securities
1,609
56
—
1,301
Trade receivables:
Notes
Accounts
Allowance for doubtful receivables
Net trade receivables
Inventories
6,133
7,899
9,546
7,925
5,309
5,709
5,828
6,678
7,618
6,751
9,311
144,426
185,224
175,079
153,175
119,633
165,706
161,105
172,583
183,829
201,411
231,141
(2,560)
(4,064)
(6,311)
(3,982)
(2,231)
(2,066)
(1,691)
(1,400)
(1,367)
(1,690)
(2,363)
147,999
189,059
178,314
157,118
122,711
169,349
165,242
177,861
190,080
206,472
238,089
74,924
88,968
89,789
88,816
105,684
105,069
121,679
137,231
137,868
136,387
151,012
Income tax receivables
204
265
276
1,340
13,085
5,916
3,579
5,210
4,975
5,311
4,766
Assets held for sale
Prepaid expenses and other current
assets
Total current assets
993
4,110
2,125
919
Investments in securities
—
—
—
—
—
—
—
33,366
45,278
43,563
43,357
32,011
34,151
38,752
51,309
53,288
45,576
59,878
510,603
566,753
615,370
462,820
481,157
537,747
526,882
545,821
610,628
653,285
740,241
22,698
28,757
32,641
68,714
35,047
38,324
34,117
35,451
32,213
38,401
45,733
Property, plant and equipment, at cost:
Land
20,097
21,790
21,696
23,161
27,800
26,213
24,624
23,570
24,174
23,828
23,566
Buildings
181,581
187,810
194,005
194,248
240,454
237,646
221,569
218,633
234,672
239,881
252,103
Machinery and equipment
445,636
482,398
508,972
546,362
624,164
619,885
603,608
636,359
707,877
765,617
828,355
Construction in progress
15,206
12,687
14,605
22,229
23,798
22,591
33,253
44,340
36,708
25,623
64,159
662,520
704,685
739,278
786,000
916,216
906,335
883,054
922,902
1,003,431
1,054,949
1,168,183
(445,551)
(461,020)
(492,575)
(518,851)
(567,571)
(588,130)
(564,651)
(590,577)
(637,530)
(680,917)
(740,929)
216,969
243,665
246,703
267,149
348,645
318,205
318,403
332,325
365,901
374,032
427,254
Less accumulated depreciation
Net property, plant and equipment
Goodwill
9,210
19,453
17,539
30,020
55,198
52,051
48,488
47,313
56,438
63,891
63,230
Intangible assets
13,247
29,478
31,005
63,322
87,938
79,987
69,688
61,262
57,604
54,214
47,776
Prepaid pension cost
17,669
18,289
27,537
24,450
8,633
7,287
9,666
11,257
Deferred income taxes
Other assets
Total assets
5
—
75,556
—
53,716
—
52,930
—
38,802
—
29,674
—
28,563
—
24,085
8,972
9,821
8,843
7,801
17,495
11,428
10,345
11,855
17,184
27,203
55,963
808,001
923,503
989,304
935,533
1,101,036
1,091,458
1,060,853
1,072,829
1,169,642
1,239,589
1,404,282
Consolidated Balance Sheets
TDK Corporation and Subsidiaries
Years ended March 31, 2005 through 2015
(Yen Million)
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
4,469
3,013
8,898
71,049
79,946
98,294
131,168
146,624
132,237
136,098
1,958
514
294
3,497
10,554
55,968
11,729
51,515
37,147
751
28,763
Liabilities and Equity
Current liabilities:
Short-term debt
Current installments of long-term debt
—
103
Trade payables:
Notes
638
4,353
4,155
2,981
2,015
2,470
2,541
3,102
15,813
19,643
61,454
80,336
77,616
73,410
48,955
82,518
81,014
84,564
69,202
76,045
82,828
Accrued expenses
43,980
62,534
61,117
63,834
63,314
63,249
72,966
73,271
76,649
86,664
118,336
9,155
13,245
7,660
1,942
3,541
4,545
5,133
4,110
7,922
6,510
Accounts
Income taxes payables
19,283
Liabilities held for sale
92
Other current liabilities
5,307
6,817
5,880
4,884
8,849
9,099
12,368
16,936
14,022
14,123
14,591
Total current liabilities
130,857
169,622
165,540
161,961
199,621
251,377
327,696
325,903
377,935
373,781
387,877
Long-term debt, excluding current installments
Retirement and severance benefits
Deferred income taxes
Other noncurrent liabilities
Total liabilities
—
—
—
—
—
—
—
—
—
—
81
405
532
152
210,083
179,554
90,707
129,943
97,481
97,623
131,483
28,839
26,790
32,290
33,990
98,007
84,304
80,036
88,254
94,521
93,777
105,687
751
5,314
7,526
5,998
14,284
11,312
9,511
4,048
4,808
5,202
5,422
3,244
4,979
6,501
13,171
16,000
15,242
13,137
12,635
14,281
16,963
15,806
163,772
207,110
212,389
215,272
537,995
541,789
521,087
560,783
589,026
587,346
646,275
TDK stockholders' equity:
Common stock
32,641
32,641
32,641
32,641
32,641
32,641
32,641
32,641
32,641
32,641
32,641
Additional paid-in capital
63,051
63,237
63,695
63,887
64,257
61,124
61,258
63,927
64,199
57,635
39,755
Legal reserve
16,918
17,517
18,844
19,510
20,772
21,823
21,459
23,803
25,426
26,651
29,685
Retained earnings
585,557
618,259
671,350
688,719
605,622
606,445
643,025
627,861
617,377
624,919
661,159
Accumulated other comprehensive income (loss)
(51,657)
(21,946)
(17,846)
(81,583)
(162,741)
(172,092)
(217,979)
(230,849)
(159,016)
(87,134)
(5,882)
(7,443)
(7,289)
(5,972)
(6,597)
(6,333)
(6,185)
(6,131)
(19,224)
(19,458)
(19,385)
(18,497)
738,861
Treasury stock
Total TDK stockholders' equity
Noncontrolling interests
Total equity
Total liabilities and equity
6
639,067
702,419
762,712
716,577
554,218
543,756
534,273
498,159
561,169
635,327
5,162
13,974
14,203
3,684
8,823
5,913
5,493
13,887
19,447
16,916
19,146
644,229
716,393
776,915
720,261
563,041
549,669
539,766
512,046
580,616
652,243
758,007
808,001
923,503
989,304
935,533
1,101,036
1,091,458
1,060,853
1,072,829
1,169,642
1,239,589
1,404,282
Consolidated Statements of Cash Flows
TDK Corporation and Subsidiaries
Years ended March 31, 2005 through 2015
(Yen Million)
2005
2006
2007
2008
70,125
71,557
2009
2010
2011
2012
2013
2014
2015
(64,589)
12,882
45,004
(1,701)
4,530
18,234
52,779
80,249
Cash flows from operating activities:
Net income (loss)
33,300
44,101
Loss (income) from discontinued operations, net of tax
3,665
310
Income (loss) from continuing operations
Adjustments to reconcile net income (loss) to net cash
provided by operating activities:
Depreciation and amortization
36,965
44,411
52,806
58,540
65,337
71,297
89,567
83,788
77,594
80,197
77,938
83,109
1,190
3,220
2,649
2,955
20,309
2,154
1,227
(5,396)
1,203
(1,519)
4,674
1,513
5,124
1,275
6,149
(1,710)
2,092
5,110
(1,215)
3,009
4,236
714
(2,136)
(1,272)
650
2,393
(1,424)
(669)
Loss (gain) on sale or disposal of property, plant and equipment
Impairment loss on long-lived assets
Deferred income taxes
Loss (gain) on securities, net
(5,532)
142
(696)
286
(1,878)
212
Gain on sale of business to Imation Corp.
Gain on sale of a subsidiary
(1,885)
(23,457)
10,401
2,081
6,449
1,363
109
860
5,376
(15,340)
(1,799)
(274)
(389)
Equity in earnings of affliates, net of cash dividends received
827
Changes in assets and liabilities:
Decrease (increase) in trade receivables
Decrease (increase) in inventories
Increase (decrease) in trade payables
(7,343)
3,461
11,241
(13,791)
55,746
(51,137)
(10,601)
(14,805)
14,487
4,349
4,919
(287)
892
(14,952)
13,458
(1,947)
(22,782)
(18,075)
13,493
13,011
(4,368)
4,784
(12,375)
7,101
(5,272)
16,723
(39,595)
36,029
9,309
(20,327)
(1,446)
Increase (decrease) in accrued expenses
(2,496)
12,347
(7,068)
8,745
(8,721)
8,044
6,343
(103)
1,264
3,589
7,892
Increase (decrease) in income taxes payables, net
14,464
(10,689)
4,004
(17,272)
8,501
3,731
(977)
(1,081)
2,967
(1,682)
Increase (decrease) in retirement and severance benefits, net
Other-net
Net cash provided by operating activities
245
(16,886)
2,519
627
981
(9,210)
(74)
5,315
(849)
(2,221)
1,239
6,076
(4,633)
26,055
(2,581)
95,249
89,118
145,483
119,413
59,189
118,247
(61,005)
(73,911)
(70,440)
(84,312)
(98,425)
20,046
18,508
10,707
(31,089)
(8,540)
(33,388)
(159,406)
(277)
(8,019)
2,201
(2,893)
2,053
536
8,145
(202)
1,587
7,596
101,879
55,334
108,942
127,308
142,850
(64,370)
(78,638)
(99,653)
(85,606)
(68,606)
(102,525)
114,540
162,360
55,951
12,363
21,844
21,828
(151,539)
(12,705)
(14,496)
(20,232)
(30,861)
2,335
Cash flows from investing activities:
Capital expenditures
Proceeds from sale and maturity of short-term investments
Payment for purchase of short-term investments
Proceeds from sale and maturity of securities
Payment for purchase of securities
1,788
4,263
(2,424)
(4,227)
23
(3,638)
Acquisitions of assets
Proceeds from sale of business
Acquisition of subsidiaries, net of cash acquired
Acquisition of affiliates
Acquisition of businesses, net of cash acquired
Proceeds from sales of tangible and intangible assets
(1,496)
999
Acquisition of minority interests
1,177
4,455
17,505
20,869
19,576
5,269
707
(17,834)
(17,708)
(22,314)
(17,350)
(3,535)
(748)
(1,746)
(248)
(37,155)
(393)
3,264
624
(545)
(5,633)
(922)
(18,182)
(136,146)
(2,206)
(153)
(522)
780
(2)
(32,868)
3,373
(2,587)
3,678
3,000
1,351
1,262
Proceeds from sale of a subsidiary
Other-net
12,029
4,246
5,206
7,698
973
Proceeds from sale of discontinued operations
Net cash used in investing activities
1,203
(6)
1,538
(221)
(363)
(62)
(62,359)
(104,782)
(81,488)
(141,892)
388
(2,143)
(9,242)
(6,334)
(275,410)
6,040
(105,963)
1,305
(1,016)
(2,617)
3,749
(23,911)
(61,341)
(29,898)
(90,156)
(55,438)
(127,312)
Cash flows from financing activities:
Proceeds from long-term debt
218
269
Repayment of long-term debt
(164)
(218)
Increase (decrease) in short-term debt, net
(2,428)
6,340
50,306
40,416
33,747
34,777
(28,277)
519
(49,522)
(56,046)
(37,710)
(51,867)
(37,320)
3,688
(1,456)
3,574
39,531
7,653
19,616
32,487
12,124
(16,634)
(916)
(7,938)
(10,578)
(13,230)
(15,683)
(18,056)
(11,609)
(9,035)
(10,321)
(10,070)
(7,554)
(10,069)
(5,855)
(166)
(7,236)
(13,981)
(24,633)
(1,415)
(286)
(38,735)
(150)
Net cash provided by (used in) financing activities
(9,629)
(7,125)
Net cash provided by (used in) discontinued operations
(1,625)
Dividends paid
(330)
204,906
Acquisition of noncontrolling interests
Other-net
Effect of exchange rate changes on cash and cash equivalents
967
(15,862)
(65,941)
223,637
581
(4)
745
(38,369)
(31,860)
10,712
2,019
(24,644)
(7,816)
(6,636)
(12,571)
24,353
(12,491)
50,152
(123,064)
(400)
(32,721)
(3,893)
Cash and cash equivalents, beginning of year
227,155
251,508
239,017
289,169
166,105
165,705
Cash and cash equivalents, end of year
251,508
239,017
289,169
166,105
165,705
132,984
7
12,929
(365)
4,395
171
2,918
(56,118)
(35,243)
33,961
(414)
2,717
Net increase (decrease) in cash and cash equivalents
(1,201)
(2,296)
23,491
21,409
37,924
(441)
46,672
37,161
14,256
132,984
129,091
167,015
213,687
250,848
129,091
167,015
213,687
250,848
265,104
Segment Information (1)
TDK Corporation and Subsidiaries
Years ended March 31, 2005 through 2015
(Yen Million)
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
657,853
795,180
862,025
866,285
727,400
792,624
862,492
802,534
841,847
984,525
1,082,560
59,830
60,523
79,590
87,175
(54,305)
29,443
67,864
20,539
22,054
36,616
72,459
808,001
923,503
989,304
935,533
1,101,036
1,091,458
1,060,853
1,072,829
1,169,642
1,239,589
1,404,282
174,800
180,766
199,243
200,101
145,111
26.6
22.7
23.1
23.1
20.0
116,387
154,680
198,199
209,089
166,164
286,489
364,805
431,111
39.4
46.0
50.0
370,332
371,170
359,030
541,205
Total
Sales
Operating income (loss)
Assets
Sales by Sector
Electronic materials
Share to net sales (%)
Electronic devices
Share to net sales (%)
Recording devices
Share to net sales (%)
1
Others *
Share to net sales (%)
1
Recording media*
Share to net sales (%)
17.7
19.5
23.0
24.1
22.8
234,578
315,928
304,822
334,734
247,233
35.7
39.7
35.4
38.6
34.0
19,449
36,376
56,557
74,191
168,892
23.2
2.9
4.6
6.5
8.6
112,639
107,430
103,204
48,170
—
17.1
13.5
12.0
5.6
—
2
Sales by Segment*
Passive Components
Share to net sales (%)
Magnetic Application Products
Share to net sales (%)
Other
Share to net sales (%)
50.9
46.8
41.6
70,579
56,649
72,351
9.7
7.1
8.4
361,096
425,532
381,576
379,614
471,673
45.6
49.3
47.5
45.1
47.9
50.0
368,235
356,473
316,402
337,947
364,291
369,221
Sales by Segment*3
Passive Components
Share to net sales (%)
Magnetic Application Products
Share to net sales (%)
Film Application Products
Share to net sales (%)
Other
Share to net sales (%)
46.5
41.3
39.4
40.1
37.0
34.1
40,168
49,146
80,764
102,893
129,304
151,275
5.1
5.7
10.1
12.2
13.1
14.0
23,125
31,341
23,792
21,393
19,257
20,859
2.9
3.6
3.0
2.6
2.0
1.9
*1. The “Other electronic components” sector was renamed the “Others” sector from the year ended March 31, 2009 and includes sales from the “Recording media” sector.
*2. From the year ended March 31, 2010, the business result is disclosed with the new business segments of “Passive Components”, “Magnetic Application Products” and “Other”.
*3. From the year ended March 31, 2012, the business result is disclosed with the new business segments of “Passive Components”, “Magnetic Application Products”, “Film Application Products” and “Other”.
Notes:
1. In accordance with the provisions of ASC No.205-20, “Presentation of Financial Statements-Discontinued Operations”, operationg results relating to the data
tape business and the blu-ray business are separately presented as discontinued operations in consolidated statements of operations for the year ended March
31, 2014. Also reclassifications are made to the consolidated statements of operations after the year ended March 31, 2010 to conform to the presentation used
for the year ended March 31, 2014.
8
Segment Information (2)
FY March 2014
(Yen Million)
Q1
Q2
Q3
Q4
(Apr.-Jun.)
(Jul.-Sep.)
(Oct.-Dec.)
(Jan.-Mar.)
Sales
Passive Components
117,027
119,404
117,137
118,105
Magnetic Application Products
86,195
92,855
95,739
89,502
Film Application Products
26,467
32,715
41,031
29,091
4,710
4,411
4,332
5,804
234,399
249,385
258,239
242,502
Other
FY March 2015
(Yen Million)
Q1
Q2
Q3
Q4
(Apr.-Jun.)
(Jul.-Sep.)
(Oct.-Dec.)
(Jan.-Mar.)
Sales
Passive Components
123,414
132,360
146,064
139,367
Magnetic Application Products
87,057
90,443
101,580
90,141
Film Application Products
22,484
37,235
47,417
44,139
4,507
4,775
5,316
6,261
237,462
264,813
300,377
279,908
Other
9