Financial Data Net sales Overseas sales Operating income and ratio to net sales (Yen in billions) (Yen in billions) (Yen in billions, %) 1,000 1,000 800 800 600 600 400 400 200 200 0 0 03 04 05 06 07 80 12 60 9 40 6 20 3 0 03 04 05 06 0 07 03 04 05 06 07 ■ Operating income ■ Electronic materials and components ■ Recording media Ratio to net sales Net income Capital expenditures Research and development (Yen in billions) (Yen in billions) (Yen in billions) 80 80 60 60 60 45 40 40 30 20 20 15 0 0 03 04 05 06 07 0 03 04 05 06 07 03 04 05 06 07 Millions of yen Years ended March 31 or as of March 31 44 2007 2006 2005 2004 2003 Net sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Electronic materials and components . . . . . . . . . . . . . . Recording media . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¥862,025 ¥758,821 ¥103,204 795,180 687,750 107,430 657,853 545,214 112,639 655,792 519,792 136,000 604,865 468,514 136,351 Overseas sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¥690,673 621,522 473,828 487,169 439,381 Operating income and ratio to net sales Operating income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Ratio to net sales (%) . . . . . . . . . . . . . . . . . . . . . . . . . . ¥ 79,590 9.2% 60,523 7.6 59,830 9.1 56,510 8.6 24,547 4.1 Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¥ 70,125 44,101 33,300 42,101 12,019 Capital expenditures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¥ 70,440 73,911 61,005 44,471 41,026 Research and development . . . . . . . . . . . . . . . . . . . . . . . ¥ 50,058 45,528 36,348 32,948 30,099 TDK Corporation • Annual Review 2007 Net cash flows Total assets and stockholders’ equity ratio (Yen in billions, %) (Yen in billions) Return on total assets and return on equity (%) 150 1,000 100 10 120 800 80 8 90 600 60 6 60 400 40 4 30 200 20 2 0 0 0 0 03 04 05 06 07 03 04 05 ■ Net income ■ Depreciation and amortization ■ Total assets Basic net income per share Dividend per share (Yen) (Yen) 06 07 03 05 06 07 06 07 Return on total assets Return on equity Stockholders’ equity ratio 600 04 Number of employees 100 60,000 80 450 45,000 60 300 30,000 40 150 15,000 20 0 0 03 04 05 06 07 0 03 04 05 06 07 03 04 05 Millions of yen 2007 2006 2005 2004 2003 Net cash flows Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation and amortization . . . . . . . . . . . . . . . . . . . . ¥ 70,125 65,337 44,101 58,540 33,300 52,806 42,101 50,726 12,019 57,132 Total assets and stockholders’ equity ratio Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity ratio (%) . . . . . . . . . . . . . . . . . . . . ¥989,304 923,503 77.1% 76.1 808,001 79.1 770,319 74.8 747,337 74.1 5.1 6.6 4.2 5.5 5.5 7.5 1.6 2.1 Return on total assets and return on equity Return on total assets (%) . . . . . . . . . . . . . . . . . . . . . . . Return on equity (%) . . . . . . . . . . . . . . . . . . . . . . . . . . . 7.3% 9.6% Net income per share Basic (Yen) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Diluted (Yen) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¥ 529.88 529.29 333.50 333.20 251.71 251.56 317.80 317.69 90.56 90.56 Dividend per share (Yen) . . . . . . . . . . . . . . . . . . . . . . . . . ¥ 100.00 80.00 60.00 50.00 45.00 Number of employees . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51,614 53,923 37,115 36,804 31,705 TDK Corporation • Annual Review 2007 45