Cosolidated Ten-year Summary

Millions of Yen

FY2002
 FY2003
 FY2004
 FY2005
 FY2006
 FY2007
 FY2008
 FY2009
 FY2010
 FY2011
Net Sales 417,825 460,580 529,653 635,710 673,686 851,975 906,091 508,082 418,636 668,722
Semiconductor
production equipment
 325,715 364,689 425,747 457,190 486,882 642,625 726,439 325,383 262,391 511,331
FPD/PV production equipment
 75,038 81,176 100,766 68,016 88,107 71,361 66,721
Computer network
 17,031 17,193 18,447 15,966 17,497 19,168 111,181 94,207 84,473 90,216
Electronic components
 73,658 77,380 84,229 86,249 86,880 88,293
Other
 1,421 1,318 1,229 1,266 1,248 1,120 454 384 410 453
Domestic sales
 186,516
 190,513
 242,318
 232,677
 262,531
 313,816
 323,946
 208,870
 162,608
 182,165
Overseas sales 231,309 270,067 287,335 403,032 411,154 538,159 582,145 299,211 256,028 486,557
Gross profit
 115,555
 134,040
 140,155
 175,912
 189,731
 272,649
 311,297
 137,408
 108,316
 234,758
Gross profit margin
 27.7% 29.1% 26.5% 27.7% 28.2% 32.0% 34.4% 27.0% 25.9% 35.1%
SG&A expenses 133,865 132,921 117,875 111,929 114,028 128,670 142,799 122,697 110,496 136,887
Operating income -18,310 1,119 22,279 63,982 75,703 143,978 168,498 14,710 -2,180 97,870
Operating margin
 -4.4% 0.2% 4.2% 10.1% 11.2% 16.9% 18.6% 2.9% -0.5% 14.6%
Ordinary income -19,464 -230 21,167 65,632 75,951 143,940 172,713 20,555 2,558 101,919
Income before income taxes -22,919 -23,010 14,935 55,775 75,328 144,414 169,219 9,636 -7,767 99,579
Net income -19,938 -41,554 8,297 61,601 48,005 91,262 106,271 7,543 -9,033 71,924
Depreciation
 26,294
 27,374
 24,962
 21,462
 19,170
 18,820
 21,413
 23,068
 20,001
 17,707
Capital expenditures 30,946 12,359 11,006 9,876 13,334 27,128 22,703 18,107 14,918 39,140
R&D expenses 53,827 50,123 44,149 43,888 49,181 56,961 66,072 60,987 54,074 70,568
Interest-bearing debt
 155,763
 151,362
 127,044
 99,451
 65,100
 40,212
 36,069
 3,806
 5,105
 7,996
Total assets 556,915 524,901 561,631 644,319 663,242 770,513 792,817 668,998 696,351 809,205
Equity 307,579 252,904 275,799 332,165 376,900 460,175 534,953 518,387 511,818 572,741
Debt-to-equity ratio
 50.6%
 59.8%
 46.1%
 29.9%
 17.3%
 8.7%
 6.7%
 0.7%
 1.0%
 1.4%
Equity ratio 55.2% 48.2% 49.1% 51.6% 56.8% 59.7% 67.5% 77.5% 73.5% 70.8%
ROE -6.2% -14.8% 3.1% 20.3% 13.5% 21.8% 21.4% 1.4% -1.8% 13.3%
Cash flow from operating activities
 77,558
 21,394
 7,883
 114,349
 78,853
 54,296
 116,939
 81,030
 48,284
 83,238
Cash flow from investing activities -35,789 -7,270 -8,544 -7,450 -10,536 -25,293 -30,186 -160,621 9,613 -35,881
Cash flow from financing activities -57,214 -9,884 -10,270 -34,343 -43,420 -34,719 -27,033 -46,015 -287 -5,236
Net income per share
 -113.9
 -238.6
 46.4
 343.6
 267.6
 511.2
 594.0
 42.2
 -50.5
 401.7
Cash dividends per share 8 8 10 45 55 103 125 24 12 114
Number of employees
 10,171
 10,053
 8,870
 8,864
 8,901
 9,528
 10,429
 10,391
 10,068
 10,343
  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. From FY2009, FPD production equipment and PV (Photovoltaic Cell) production equipment sales shown together.