TDK Corporation (6762) FY 2012 First Quarter Financial Results (U.S. GAAP) (2) Statements of Income Term Item Net sales Cost of sales Gross profit Selling, general and administrative expenses Operating income 1Q of FY2011 (April 1, 2010 June 30, 2010) (Yen millions) 221,925 164,790 57,135 36,926 20,209 Other income (deductions): Interest and dividend income Interest expense Foreign exchange gain Other-net Total other income (deductions) Income before income taxes Income taxes Net income Less:Net income (loss) attributable to noncontrolling interests Net income attributable to TDK Note: 355 (652) (1,131) 37 (1,391) % 100.0 74.3 25.7 16.6 9.1 1Q of FY2012 (April 1,2011 June 30,2011) (Yen millions) 206,771 157,443 49,328 43,685 5,643 % Change (U.S.$ thousands) 100.0 2,552,728 76.1 1,943,740 23.9 608,988 539,321 21.2 2.7 69,667 (Yen millions) Change(%) (15,154) (7,347) (7,807) 6,759 (14,566) -6.8 -4.5 -13.7 18.3 -72.1 3 (113) 529 (1,349) (930) - -0.6 358 (765) (602) (1,312) (2,321) -1.1 4,420 (9,445) (7,432) (16,198) (28,655) 18,818 8.5 3,322 1.6 41,012 (15,496) -82.3 4,332 2.0 906 0.4 11,185 (3,426) -79.1 14,486 6.5 2,416 1.2 29,827 (12,070) -83.3 (37) -0.0 14,523 6.5 U.S.$1=Yen 81, for convenience only. 12 (7) 2,423 -0.0 1.2 (87) 29,914 30 (12,100) -83.3