TDK Corporation
1-13-1, Nihonbashi
Chuo-ku, Tokyo
103-8272 Japan
Contacts;
TDK Corporation(Tokyo)
Corporate Communications Department
+81(3)5201-7102
Michinori Katayama
TDK U.S.A. Corporation
Francis J. Sweeney
+1(516)535-2600
TDK Marketing Europe GmbH
Marco Donadoni
+49(2102)4870
FOR IMMEDIATE RELEASE
TOKYO - April 27, 2005 TDK Corporation today announced its Consolidated business results
prepared in conformity with accounting principles generally accepted in the United States of
America (the "U.S. GAAP") for fiscal year ("FY") 2005 and Non-Consolidated business results
for FY 2005.
I. Consolidated
I-1) Summary
Consolidated results (April 1, 2004 - March 31, 2005)
FY2005
Term
Item
Net sales
Operating income
Income from
continuing operations
before income taxes
Income from
continuing operations
Net income
Per common share :
Net income / Basic
Net income / Diluted
FY2004
Change
(April 1, 2003 - March 31, 2004)
(April 1, 2004 - March 31, 2005)
(Yen millions)
% (U.S.$ thousands) (Yen millions)
% (Yen millions) Change(%)
100.0
657,853
100.0 6,148,159
2,061
655,792
0.3
8.6
3,320
56,510
9.1
559,159
5.9
59,830
62,072
9.4
580,112
55,712
8.5
6,360
11.4
48,613
7.4
454,327
42,863
6.5
5,750
13.4
44,948
6.8
420,075
42,101
6.4
2,847
6.8
Yen 339.76
Yen 339.55
U.S.$ 3.18
U.S.$ 3.17
Yen 317.80
Yen 317.69
Note: As a result of the sale of a subsidiary in semiconductors & others product, the operating results of the
discontinued operation is presented as a separate line item in the consolidated statements of income in
accordance with Statement of Financial Accounting Standards ("SFAS") No. 144, "Accounting for the Impairment
or Disposal of Long-Lived Assets. Correspondence figures for the previous fiscal year have been reclassed to
conform to the presentation used for the year ended March 31, 2005.
(Sales breakdown)
Product
Electronic materials
and components
Electronic materials
Electronic devices
Recording devices
Semiconductors
& others
Recording media
& systems
Total sales
Overseas sales
FY2004
FY2005
Term
Change
(April 1, 2003 - March 31, 2004)
(April 1, 2004 - March 31, 2005)
(Yen millions)
% (U.S.$ thousands) (Yen millions)
% (Yen millions) Change(%)
545,214
82.9
5,095,458
519,792
79.3
25,422
4.9
174,800
116,387
234,578
26.6
17.7
35.7
1,633,645
1,087,729
2,192,318
166,818
107,999
230,105
25.4
16.5
35.1
7,982
8,388
4,473
4.8
7.8
1.9
19,449
2.9
181,766
14,870
2.3
4,579
30.8
112,639
17.1
1,052,701
136,000
20.7
(23,361)
-17.2
657,853
473,828
100.0
72.0
6,148,159
4,428,299
655,792
487,169
100.0
74.3
2,061
(13,341)
0.3
-2.7
Note: U.S.$1=Yen 107
1