TDK Corporation (6762) FY 2015 Second Quarter Financial Results (U.S. GAAP) (2) Statements of Income and Statements of Comprehensive Income [1st half results] Statements of Income Term 1H of FY2014 (April 1, 2013 September 30, 2013) (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 from continuing operations before income taxes Income taxes Income from continuing operations Loss from discontinued operations Net income Less: Net income attributable to noncontrolling interests Net income attributable to TDK 483,784 377,546 106,238 89,203 17,035 1,403 (1,678) 179 1,142 1,046 % 100.0 78.0 22.0 18.5 3.5 1H of FY2015 (April 1, 2014 September 30, 2014) (Yen millions) % 502,275 376,145 126,130 98,208 27,922 100.0 74.9 25.1 19.5 5.6 Change (U.S.$ thousands) (Yen millions) 4,608,028 3,450,872 1,157,156 900,991 256,165 Change(%) 18,491 (1,401) 19,892 9,005 10,887 3.8 -0.4 18.7 10.1 63.9 826 231 (1,455) (1,214) (1,612) - 0.2 2,229 (1,447) (1,276) (72) (566) -0.2 20,449 (13,275) (11,706) (661) (5,193) 18,081 3.7 27,356 5.4 250,972 9,275 51.3 7,276 1.5 7,769 1.5 71,275 493 6.8 10,805 2.2 19,587 3.9 179,697 8,782 81.3 (3,779) -0.8 - - - 3,779 - 7,026 1.4 19,587 3.9 179,697 12,561 178.8 622 0.1 1,447 0.3 13,275 825 132.6 6,404 1.3 18,140 3.6 166,422 11,736 183.3 Notes: 1. U.S.$1=Yen 109, for convenience only. 2. The figures related to the data tape business and the blu-ray business, which became discontinued operations in the year ended March 31, 2014, are restated. Statements of Comprehensive Income Term Item Net income Other conprehensive income (loss), net of taxes: Foreign currencies translation adjustments Pension liability adjustments Net unrealized gains (losses) on securities Total other comprehensive income (loss) Comprehensive income Comprehensive income attributable to noncontrolling interests Comprehensive income attributable to TDK 1H of FY2014 (April 1, 2013 September 30, 2013) (Yen millions) 1H of FY2015 (April 1, 2014 September 30, 2014) (Yen millions) (U.S.$ thousands) Change (Yen millions) 7,026 19,587 179,697 12,561 28,756 1,091 3,131 32,978 40,004 37,228 (2,372) 1,305 36,161 55,748 341,541 (21,761) 11,973 331,753 511,450 8,472 (3,463) (1,826) 3,183 15,744 1,439 38,565 2,653 53,095 24,340 487,110 1,214 14,530 Note: U.S.$1=Yen 109, for convenience only. 12 TDK Corporation (6762) FY 2015 Second Quarter Financial Results (U.S. GAAP) [2nd quarter results] Statements of Income Term 2Q of FY2014 (July 1, 2013 September 30, 2013) (Yen millions) Item Net sales Cost of sales Gross profit Selling, general and administrative expenses Operating income Other income (deductions): Interest and dividend income Interest expense Foreign exchange gain (loss) Other-net Total other income (deductions) % 249,385 191,944 57,441 44,932 12,509 100.0 77.0 23.0 18.0 5.0 760 (819) (94) 540 387 Income from continuing operations before income taxes Income taxes Income from continuing operations Loss from discontinued operations Net income Less: Net income (loss) attributable to noncontrolling interests (Yen millions) % 264,813 196,151 68,662 50,335 18,327 0.2 1,093 (618) (1,587) (214) (1,326) 12,896 5.2 3,611 100.0 74.1 25.9 19.0 6.9 Change (Yen millions) (U.S.$ thousands) 2,429,477 1,799,550 629,927 461,789 168,138 Change(%) 15,428 4,207 11,221 5,403 5,818 6.2 2.2 19.5 12.0 46.5 -0.5 10,028 (5,670) (14,560) (1,964) (12,166) 333 201 (1,493) (754) (1,713) 17,001 6.4 155,972 4,105 31.8 1.5 3,701 1.4 33,954 90 2.5 9,285 3.7 13,300 5.0 122,018 4,015 43.2 (3,339) -1.3 - - - 3,339 - 5,946 2.4 13,300 5.0 122,018 7,354 123.7 -0.0 914 0.3 8,385 1,000 - 2.4 12,386 4.7 113,633 6,354 105.3 (86) 6,032 Net income attributable to TDK 2Q of FY2015 (July1, 2014 September 30, 2014) - Notes: 1. U.S.$1=Yen 109, for convenience only. 2. The figures related to the data tape business and the blu-ray business, which became discontinued operations in the year ended March 31, 2014, are restated. Statements of Comprehensive Income Term Item Net income Other conprehensive income (loss), net of taxes: Foreign currencies translation adjustments Pension liability adjustments Net unrealized gains (losses) on securities Total other comprehensive income (loss) Comprehensive income Comprehensive income (loss) attributable to noncontrolling interests Comprehensive income attributable to TDK 2Q of FY2014 (July 1, 2013 September 30, 2013) (Yen millions) 2Q of FY2015 (July1, 2014 September 30, 2014) (Yen millions) (U.S.$ thousands) Change (Yen millions) 5,946 13,300 122,018 7,354 (1,182) 504 584 (94) 5,852 47,368 (2,739) 1,458 46,087 59,387 434,569 (25,128) 13,376 422,817 544,835 48,550 (3,243) 874 46,181 53,535 (227) 6,079 2,371 57,016 21,752 523,083 2,598 50,937 Note: U.S.$1=Yen 109, for convenience only. 13