Kanemi Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2013	FY 2012	FY 2011	FY 2010	FY 2009
Period Ending	Sep '13 Sep 30, 2013	Mar '13 Mar 31, 2013	Mar '12 Mar 31, 2012	Mar '11 Mar 31, 2011	Mar '10 Mar 31, 2010	Mar '09 Mar 31, 2009
Revenue	83,937	82,036	81,530	81,488	82,016	87,516
Revenue Growth (YoY)	3.40%	0.62%	0.05%	-0.64%	-6.28%	1.64%
Cost of Revenue	72,804	71,590	70,488	70,301	71,027	76,274
Gross Profit	11,133	10,446	11,042	11,187	10,989	11,242
Selling, General & Admin	8,553	8,160	7,964	8,171	8,120	8,307
Operating Expenses	8,733	8,340	8,152	8,356	8,315	8,524
Operating Income	2,400	2,106	2,890	2,831	2,674	2,718
Interest Expense	-	-	-	-	-6.32	-13.58
Interest & Investment Income	43	35	51	53	56.29	62.6
Other Non Operating Income (Expenses)	52	50	92	122	121.37	116.29
EBT Excluding Unusual Items	2,495	2,191	3,033	3,006	2,845	2,883
Gain (Loss) on Sale of Investments	-312	-22	-	-	-258.19	-209.23
Gain (Loss) on Sale of Assets	-	-	-	1	-1.32	0.49
Asset Writedown	-144	-119	-119	-60	-214.16	-260.91
Other Unusual Items	-3	-2	-	-25	-10.5	40.13
Pretax Income	2,036	2,048	2,914	2,922	2,361	2,453
Income Tax Expense	1,016	1,013	1,441	1,284	835.94	1,169
Net Income	1,020	1,035	1,473	1,638	1,525	1,284
Net Income to Common	1,020	1,035	1,473	1,638	1,525	1,284
Net Income Growth	-34.49%	-29.73%	-10.07%	7.42%	18.73%	81.48%
Shares Outstanding (Basic)	10	10	10	10	10	10
Shares Outstanding (Diluted)	10	10	10	10	10	10
Shares Change (YoY)	0.15%	0.71%	0.26%	-0.19%	-0.30%	-0.28%
EPS (Basic)	102.46	103.95	148.98	166.11	154.34	129.60
EPS (Diluted)	102.46	103.95	148.98	166.11	154.34	129.60
EPS Growth	-34.59%	-30.23%	-10.31%	7.62%	19.09%	81.99%
Free Cash Flow	457	-991	1,899	3,286	1,966	3,667
Free Cash Flow Per Share	45.90	-99.53	192.07	333.23	198.96	370.04
Dividend Per Share	50.000	50.000	50.000	40.000	40.000	40.000
Dividend Growth	-	-	25.00%	-	-	-
Gross Margin	13.26%	12.73%	13.54%	13.73%	13.40%	12.85%
Operating Margin	2.86%	2.57%	3.55%	3.47%	3.26%	3.10%
Profit Margin	1.21%	1.26%	1.81%	2.01%	1.86%	1.47%
Free Cash Flow Margin	0.54%	-1.21%	2.33%	4.03%	2.40%	4.19%
EBITDA	3,501	3,196	3,909	3,939	3,953	4,131
EBITDA Margin	4.17%	3.90%	4.79%	4.83%	4.82%	4.72%
D&A For EBITDA	1,101	1,090	1,019	1,108	1,280	1,413
EBIT	2,400	2,106	2,890	2,831	2,674	2,718
EBIT Margin	2.86%	2.57%	3.55%	3.47%	3.26%	3.10%
Effective Tax Rate	49.90%	49.46%	49.45%	43.94%	35.41%	47.65%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.