CONSOLIDATED
3) Statements of income
Term
Items
Net sales
Cost of sales
Gross profit
Selling, general and
administrative expenses
Restructuring cost
Operating income
The 1st Qtr. of FY2003
(April 1, 2002 - June 30, 2002)
(Yen
millions)
148,708
112,197
36,511
29,713
812
5,986
%
(U.S.$
thousands)
100.0 1,239,233
75.4
934,975
24.6
304,258
20.0
0.6
4.0
247,608
6,767
49,883
The 1st Qtr. of FY2002
(April 1,2001 - June 30,2001)
(Yen
millions)
%
140,244
106,202
34,042
100.0
75.7
24.3
31,453
2,589
22.5
1.8
Change
(Yen
millions)
%
8,464
5,995
2,469
6.0
5.6
7.3
(1,740) (5.5)
812
3,397 131.2
Other income (deductions):
Interest and dividend income
Interest expense
Foreign exchange gain (loss)
Other-net
Total other income (deductions)
325
(118)
(2,890)
0
(2,683)
(1.8)
2,708
(983)
(24,083)
0
(22,358)
Income before income taxes
3,303
2.2
27,525
2,564
1.8
1,103
0.7
9,192
1,257
0.9
2,200
1.5
18,333
1,307
0.9
893
68.3
39
-
325
100
-
61
61.0
2,161
1.5
18,008
U.S.$
0.14
1,207
0.9
954
79.0
Income taxes
Income before minority interests
Minority interests
Net income
Net income per common share
Average common shares outstanding
Yen 16.27
132,859
thousands
713
(360)
(92)
(286)
(25)
-
(388)
242
(2,798)
286
(2,658)
739
28.8
(154) (12.3)
Yen 9.07
133,019 thousands
Notes:
1. The figures for net income per common share are calculated based upon the weighted average number of
shares of common stock (the total outstanding number).
2. TDK adopted the Emerging Issues Task Force Issue 01-9 ("EITF 01-9"), "Accounting for Consideration Given by
a Vendor to a Customer (Including a Reseller of the Vendor's Products)" from the fiscal year beginning April 1,
2002 and has applied EITF 01-9 retroactively.
3. Statements of income for the 1st quarter of FY2003 and FY2002 are unaudited by independent auditors.
4. U.S.$1=Yen 120
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