TDK Corporation (6762) FY 2016 Third Quarter Financial Results (U.S. GAAP) (2) Statements of Income and Statements of Comprehensive Income [9-month-period results] Statements of Income Term The 9-month-period of FY2015 (April 1, 2014 December 31, 2014) (Yen millions) Item Net sales Cost of sales Gross profit Selling, general and administrative expenses Operating income Other income (deductions): Interest and dividend income Interest expense Foreign exchange gain (loss) Other-net Total other income (deductions) 802,652 596,073 206,579 153,475 53,104 100.0 74.3 25.7 19.1 6.6 Change (April 1, 2015 December 31, 2015) (Yen millions) 889,342 640,800 248,542 172,670 75,872 % (U.S.$ thousands) 100.0 72.1 27.9 19.4 8.5 7,349,934 5,295,868 2,054,066 1,427,025 627,041 (Yen millions) Change(%) 86,690 44,727 41,963 19,195 22,768 10.8 7.5 20.3 12.5 42.9 -0.4 3,373 (2,288) (1,783) (1,238) (1,936) -0.2 27,876 (18,909) (14,736) (10,231) (16,000) 49,597 6.2 73,936 8.3 611,041 24,339 49.1 12,722 1.6 15,784 1.8 130,446 3,062 24.1 36,875 4.6 58,152 6.5 480,595 21,277 57.7 Less: Net income attributable to noncontrolling interests 2,339 0.3 1,738 0.2 14,364 Net income attributable to TDK 34,536 4.3 56,414 6.3 466,231 Income before income taxes Income taxes Net income 3,149 (2,239) (4,064) (353) (3,507) % The 9-month-period of FY2016 224 (49) 2,281 (885) 1,571 (601) - -25.7 21,878 63.3 Note: U.S.$1=Yen 121, for convenience only. Statements of Comprehensive Income Term Item Net income Other conprehensive income (loss), net of taxes: Foreign currencies translation adjustments Pension liability adjustments Net unrealized gains (losses) on securities Total other comprehensive income (loss) Comprehensive income Comprehensive income attributable to noncontrolling interests Comprehensive income attributable to TDK The 9-month-period of FY2015 (April 1, 2014 December 31, 2014) (Yen millions) The 9-month-period of FY2016 (April 1, 2015 December 31, 2015) (Yen millions) (U.S.$ thousands) Change (Yen millions) 36,875 58,152 480,595 21,277 105,445 (1,619) 1,251 105,077 141,952 (12,729) 1,744 (4,882) (15,867) 42,285 (105,198) 14,413 (40,347) (131,132) 349,463 (118,174) 3,363 (6,133) (120,944) (99,667) 5,019 136,933 1,723 40,562 14,240 335,223 (3,296) (96,371) Note: U.S.$1=Yen 121, for convenience only. 12 TDK Corporation (6762) FY 2016 Third Quarter Financial Results (U.S. GAAP) [3rd quarter results] Statements of Income Term 3Q of FY2015 (October 1, 2014 December 31, 2014) (Yen millions) Item Net sales Cost of sales Gross profit Selling, general and administrative expenses Operating income Other income (deductions): Interest and dividend income Interest expense Foreign exchange gain (loss) Other-net Total other income (deductions) Income before income taxes Income taxes Net income Less: Net income attributable to noncontrolling interests Net income attributable to TDK 300,377 219,928 80,449 55,267 25,182 % 100.0 73.2 26.8 18.4 8.4 3Q of FY2016 (October 1, 2015 December 31, 2015) (Yen millions) 301,728 211,416 90,312 60,015 30,297 Change % (U.S.$ thousands) 100.0 70.1 29.9 19.9 10.0 1,256 (777) (841) (81) (443) 2,493,620 1,747,240 746,380 495,992 250,388 920 (792) (2,788) (281) (2,941) 10,380 (6,421) (6,950) (670) (3,661) -1.0 22,241 7.4 29,854 9.9 246,727 4,953 1.6 4,416 1.5 36,496 17,288 5.8 25,438 8.4 210,231 892 0.3 493 0.1 4,074 16,396 5.5 24,945 8.3 206,157 -0.1 (Yen millions) Change(%) 1,351 (8,512) 9,863 4,748 5,115 0.4 -3.9 12.3 8.6 20.3 336 15 1,947 200 2,498 - 7,613 34.2 (537) -10.8 8,150 47.1 (399) -44.7 8,549 52.1 Note: U.S.$1=Yen 121, for convenience only. Statements of Comprehensive Income Term Item Net income Other conprehensive income (loss), net of taxes: Foreign currencies translation adjustments Pension liability adjustments Net unrealized gains (losses) on securities Total other comprehensive income (loss) Comprehensive income Comprehensive income attributable to noncontrolling interests Comprehensive income attributable to TDK 3Q of FY2015 (October 1, 2014 December 31, 2014) (Yen millions) 3Q of FY2016 (October 1, 2015 December 31, 2015) (Yen millions) (U.S.$ thousands) Change (Yen millions) 17,288 25,438 210,231 8,150 68,217 753 (54) 68,916 86,204 (3,498) 546 (121) (3,073) 22,365 (28,909) 4,513 (1,000) (25,396) 184,835 (71,715) (207) (67) (71,989) (63,839) 2,366 83,838 416 21,949 3,438 181,397 (1,950) (61,889) Note: U.S.$1=Yen 121, for convenience only. 13