Cosolidated Ten-year Summary

Millions of Yen

FY1999
 FY2000
 FY2001
 FY2002
 FY2003
 FY2004
 FY2005
 FY2006
 FY2007
 FY2008
Net Sales 313,820 440,729 723,880 417,825 460,580 529,654 635,710 673,686 851,975 906,092
Semiconductor
production equipment
 242,240 355,103 619,001 325,715 364,689 425,747 457,191 486,883 642,625 726,440
FPD production equipment
 75,038 81,176 100,767 68,016
Computer network
 12,878 12,357 14,054 17,031 17,193 18,448 15,966 17,497 19,169 111,181
Electronic components
 57,734 72,051 89,211 73,658 77,380 84,229 86,249 86,881 88,294
Other
 968 1,218 1,614 1,421 1,318 1,230 1,266 1,249 1,120 455
Domestic sales
 149,838
 183,987
 299,272
 186,516
 190,513
 242,318
 232,678
 262,532
 313,816
 323,946
Overseas sales 163,982 256,742 424,608 231,309 270,067 287,336 403,032 411,154 538,159 582,145
Gross profit
 87,858
 136,890
 264,978
 115,555
 134,040
 140,155
 175,913
 189,732
 272,650
 311,298
Gross profit margin
 28.0% 31.1% 36.6% 27.7% 29.1% 26.5% 27.7% 28.2% 32.0% 34.4%
SG&A expenses 81,475 101,074 143,892 133,865 132,921 117,875 111,930 114,029 128,671 142,799
Operating income 6,383 35,816 121,086 -18,310 1,119 22,280 63,983 75,703 143,979 168,498
Operating margin
 2.0% 8.1% 16.7% -4.4% 0.2% 4.2% 10.1% 11.2% 16.9% 18.6%
Ordinary income 6,200 33,838 119,223 -19,464 -230 21,167 65,633 75,952 143,941 172,713
Income before income taxes 6,038 29,689 99,132 -22,919 -23,010 14,936 55,775 75,328 144,414 169,220
Net income 1,866 19,848 62,012 -19,938 -41,554 8,297 61,601 48,006 91,263 106,271
Depreciation
 19,290
 19,446
 21,679
 26,294
 27,374
 24,963
 21,463
 19,170
 18,820
 21,413
Capital expenditures 17,452 18,999 49,403 30,946 12,359 11,007 9,876 13,335 27,128 22,703
R&D expenses 26,842 37,135 52,911 53,827 50,123 44,150 43,889 49,182 56,961 66,073
Interest-bearing debt
 100,902
 123,974
 207,780
 155,763
 151,362
 127,045
 99,451
 65,100
 40,212
 36,070
Total assets 414,903 499,499 729,511 556,915 524,901 561,632 644,320 663,243 770,514 792,818
Equity 257,716 273,603 333,281 307,579 252,904 275,800 332,165 376,900 460,175 534,954
Debt-to-equity ratio
 39.1%
 45.3%
 62.3%
 50.6%
 59.8%
 46.1%
 29.9%
 17.3%
 8.7%
 6.7%
Equity ratio 62.1% 54.8% 45.7% 55.2% 48.2% 49.1% 51.6% 56.8% 59.7% 67.5%
ROE 0.7% 7.5% 20.4% -6.2% -14.8% 3.1% 20.3% 13.5% 21.8% 21.4%
Cash flow from operating activities
 49,828
 25,127
 -29,442
 77,558
 21,394
 7,883
 114,350
 78,854
 54,297
 116,940
Cash flow from investing activities -24,346 -16,192 -62,359 -35,789 -7,270 -8,544 -7,450 -10,537 -25,293 -30,186
Cash flow from financing activities -48,189 23,570 77,182 -57,214 -9,884 -10,271 -34,344 -43,421 -34,719 -27,033
Net income per share
 10.7
 113.5
 353.8
 -113.9
 -238.6
 46.4
 343.6
 267.6
 511.2
 594.0
Cash dividends per share 12 14 38 8 8 10 45 55 103 125
Number of employees
 7,835
 8,946
 10,236
 10,171
 10,053
 8,870
 8,864
 8,950
 9,528
 10,429
  1. Until 2004, revenue from Semiconductor and FPD (Flat Panel Display) production equipment had been recognized at the time of shipment. But starting from 2005, such revenue is principally recognized at the time of the confirmation of set-up and testing of products.
  2. Until 2004, the FPD division had been included in Semiconductor production equipment.
  3. Shareholders equity is shown in Equity row up to FY2006
  4. Figures are rounded to the nearest million yen.