Airtech Japan Income Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2010	FY 2009	FY 2008	FY 2007	FY 2006
Period Ending	Dec '10 Dec 31, 2010	Dec '09 Dec 31, 2009	Dec '08 Dec 31, 2008	Dec '07 Dec 31, 2007	Dec '06 Dec 31, 2006
Revenue	6,580	5,426	8,940	9,613	9,589
Revenue Growth (YoY)	21.27%	-39.31%	-7.00%	0.24%	9.48%
Cost of Revenue	5,339	4,541	7,179	7,760	7,278
Gross Profit	1,241	884.51	1,761	1,853	2,311
Selling, General & Admin	1,062	948.92	1,212	1,214	1,313
Research & Development	116.74	106.27	138.15	124.05	128.57
Other Operating Expenses	5.65	0.28	-1.63	-7.51	11.12
Operating Expenses	1,203	1,070	1,365	1,338	1,465
Operating Income	37.56	-185.1	395.75	514.73	846.28
Interest Expense	-11.74	-13.53	-9.07	-8.72	-10.05
Interest & Investment Income	24.1	51.51	63.59	80.98	69.9
Currency Exchange Gain (Loss)	-3.09	-1.06	-3	-0.79	-
Other Non Operating Income (Expenses)	20.23	18.43	33.69	25.98	20.03
EBT Excluding Unusual Items	67.06	-129.74	480.95	612.18	926.16
Gain (Loss) on Sale of Investments	-	-	-	83.16	19.61
Asset Writedown	-	-	-	-6.83	-
Pretax Income	67.06	-129.74	480.95	688.51	945.76
Income Tax Expense	38.38	-36.13	223.83	280.26	386.43
Earnings From Continuing Operations	28.68	-93.61	257.12	408.25	559.33
Net Income	28.68	-93.61	257.12	408.25	559.33
Net Income to Common	28.68	-93.61	257.12	408.25	559.33
Net Income Growth	-	-	-37.02%	-27.01%	10.15%
Shares Outstanding (Basic)	9	9	9	9	9
Shares Outstanding (Diluted)	9	9	9	9	9
Shares Change (YoY)	-0.00%	-	-0.15%	-0.09%	0.02%
EPS (Basic)	3.20	-10.43	28.64	45.41	62.17
EPS (Diluted)	3.20	-10.43	28.64	45.41	62.15
EPS Growth	-	-	-36.92%	-26.93%	13.06%
Free Cash Flow	52.37	117.04	452.09	471.25	185.36
Free Cash Flow Per Share	5.83	13.04	50.36	52.42	20.60
Dividend Per Share	7.000	5.000	20.000	20.000	20.000
Dividend Growth	40.00%	-75.00%	-	-	42.86%
Gross Margin	18.86%	16.30%	19.70%	19.28%	24.10%
Operating Margin	0.57%	-3.41%	4.43%	5.36%	8.82%
Profit Margin	0.44%	-1.73%	2.88%	4.25%	5.83%
Free Cash Flow Margin	0.80%	2.16%	5.06%	4.90%	1.93%
EBITDA	123.68	-113.36	470.89	594.97	923.27
EBITDA Margin	1.88%	-2.09%	5.27%	6.19%	9.63%
D&A For EBITDA	86.12	71.73	75.14	80.24	77
EBIT	37.56	-185.1	395.75	514.73	846.28
EBIT Margin	0.57%	-3.41%	4.43%	5.36%	8.82%
Effective Tax Rate	57.23%	-	46.54%	40.71%	40.86%
Revenue as Reported	6,580	5,426	8,940	9,613	9,589

Updated Mar 25, 2011. Source: S&P Global Market Intelligence. Standard template. Financial Sources.