First Quarter of FY2012.3 Performance Outline

First Quarter of FY2012.3 Performance Outline
August 1, 2011
(billions of yen)
1Q Projections
1Q Results
(announced on May 9, 2011)
Net Sales
Japan Sales
Overseas Sales
Operating Income
Ordinary Income
Net Income
Currency Exchange Rate
(Settlement Rate) (=yen)
ROE
(*1)
ROA
(*2)
Earnings per Share
Capital Expenditures
(Depreciation Expenses)
R&D Expenses
1Q Results
Initial Projections
Projections
Results
(Previous Year)
(Full Year)
(announced on May 9, 2011)
(Full Year)
(Previous Year)
FY2012.3
FY2012.3
FY2011.3
FY2012.3
FY2012.3
FY2011.3
86.0
87.9
90.9
370.0
378.0
373.9
42.0 (48.8%)
43.6 (49.6%)
46.0 (50.7%)
176.3 (47.6%)
174.4 (46.1%)
179.6 (48.0%)
44.0 (51.2%)
44.3 (50.4%)
44.9 (49.3%)
193.7 (52.4%)
203.6 (53.9%)
194.3 (52.0%)
0.5 (0.6%)
3.1 (3.5%)
5.2 (5.7%)
10.0 (2.7%)
12.5 (3.3%)
13.2 (3.5%)
0
2.8 (3.1%)
4.9 (5.3%)
8.0 (2.2%)
10.5 (2.8%)
11.0 (2.9%)
-1.5
0.5 (0.6%)
2.2 (2.4%)
5.0 (1.4%)
6.5 (1.7%)
5.1 (1.4%)
85/US$
82/US$
93/US$
85/US$
84/US$
(*4)
86/US$
110/EUR
114/EUR
123/EUR
110/EUR
115/EUR
115/EUR
-2.5%
0.8%
3.6%
2.1%
2.7%
2.1%
-1.5%
0.5%
2.3%
1.3%
1.7%
1.3%
-7.7 yen
2.6 yen
11.2 yen
25.8 yen
33.6 yen
25.9 yen
3.8
1.8
2.1
14.8
14.1
10.4
(2.9)
(2.8)
(3.1)
(13.2)
(12.9)
(12.8)
6.0
5.5
5.5
23.3
22.5
22.4
Free Cash Flows
Operating Activities
Investing Activities
Total
Inventories at End of Period
-5.9
-3.5
-9.4
75.2
-1.6
-2.0
-3.7
76.1
-0.9
-2.0
-3.0
73.0
18.8
-12.2
6.6
68.8
20.9
-11.7
9.2
70.2
22.6
-9.7
12.9
71.7
9,600
18,400
28,000
9,422
18,696
28,118
9,682
17,292
26,974
9,300
18,400
27,700
9,200
19,000
28,200
9,315
17,501
26,816
(0)
(0)
(0)
Number of Employees
Japan
Overseas
Total (*3)
（Changes from the changes in
the scope of consolidation ）
(0)
(0)
(0)
Sales by Business Segment
Musical Instruments
AV/IT
Electronic Devices
Others
Operating Income by
Business Segment
Musical Instruments
AV/IT
Electronic Devices
Others
65.0
11.7
4.3
5.0
1.0
-0.4
-0.4
0.3
(75.6%)
(13.6%)
(5.0%)
(5.8%)
66.6
12.4
3.8
5.1
(75.8%)
(14.1%)
(4.3%)
(5.8%)
66.6
12.0
5.1
7.1
2.6
0.6
-0.3
0.3
3.5
0.3
0.5
0.9
63.2
0.4
1.6
0.4
65.2
2.0
4.7
2.4
(73.3%)
(13.3%)
(5.6%)
(7.8%)
271.0
52.0
23.5
23.5
7.5
1.5
0
1.0
(73.2%)
(14.0%)
(6.4%)
(6.4%)
276.0
56.5
22.0
23.5
10.5
1.5
0
0.5
(73.0%)
(15.0%)
(5.8%)
(6.2%)
271.1
57.0
20.6
25.1
(72.5%)
(15.3%)
(5.5%)
(6.7%)
8.6
2.5
0.5
1.5
Non-Consolidated Basis
Net Sales
Operating Income
Ordinary Income
Net Income
(0.6%)
(2.5%)
(0.6%)
(3.0%)
(7.2%)
(3.7%)
248.3
0.1
7.9
3.9
(0.0%)
(3.2%)
(1.6%)
＊1, 2 ROE and ROA are calculated on an annually adjusted basis.
＊3　Number of Employees = Number of full-time staff at end of period + Average number of temporary staff during the period
＊4　2Q-4Q currency exchange rates US$1=JPY85, EUR1=JPY115
The forward-looking statements in this document contain inherent risks and uncertainties insofar as they are based on future projections and plans that may differ
materially from the actual results achieved.