Miyairi Valve Mfg. Balance Sheet

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2010	FY 2009	FY 2008	FY 2007	FY 2006
Period Ending	Dec '10 Dec 31, 2010	Mar '10 Mar 31, 2010	Mar '09 Mar 31, 2009	Mar '08 Mar 31, 2008	Mar '07 Mar 31, 2007	Mar '06 Mar 31, 2006
Cash & Equivalents	829.9	731.08	92.85	678.05	966.33	1,393
Short-Term Investments	395.23	379.23	332.22	379.94	599.63	1,734
Cash & Short-Term Investments	1,225	1,110	425.07	1,058	1,566	3,127
Cash Growth	34.16%	161.20%	-59.82%	-32.44%	-49.93%	244.71%
Accounts Receivable	910.48	902.59	831.31	747.7	923.12	909.13
Other Receivables	-	1.12	7.32	13.2	68.44	633.85
Receivables	910.48	1,303	1,315	1,205	1,812	1,928
Inventory	1,329	912.36	749.7	874.69	1,198	1,010
Prepaid Expenses	-	18.16	14.43	14.07	19.31	12.14
Other Current Assets	127.25	30.77	145.22	289.62	520.46	771.91
Total Current Assets	3,592	3,451	2,650	3,441	5,116	6,906
Property, Plant & Equipment	2,958	2,982	3,034	3,069	3,036	3,112
Long-Term Investments	143.83	4.37	3.15	531.23	211.36	382.34
Other Intangible Assets	55.75	59.51	56.68	7.41	16.35	14.04
Other Long-Term Assets	270.06	-3,110	478.54	355.3	330.37	828.35
Total Assets	7,041	6,961	6,232	10,569	8,769	11,423
Accounts Payable	613.78	881.94	648.18	849.97	1,761	2,747
Accrued Expenses	22.45	143.63	115.65	127.98	110.26	121.2
Short-Term Debt	100	24.64	25.23	47.42	716.75	102.25
Current Portion of Long-Term Debt	219.59	279.51	254.36	242	302.75	590.05
Current Income Taxes Payable	13.84	17.74	20.18	22.34	6.75	114.07
Current Unearned Revenue	-	1.32	0.05	71.97	64.15	331.51
Other Current Liabilities	294.05	54.11	11.29	10.71	21.35	163.42
Total Current Liabilities	1,264	1,403	1,075	1,438	3,075	4,169
Long-Term Debt	1,273	1,219	1,223	1,478	743.13	1,046
Long-Term Unearned Revenue	-	1.02	-	117.25	181.4	-
Pension & Post-Retirement Benefits	537.58	534.16	637.64	654.68	684.85	778.96
Long-Term Deferred Tax Liabilities	967.4	986.96	973.27	967.4	978.7	969.94
Other Long-Term Liabilities	13.42	0.3	0	0	0	0
Total Liabilities	4,055	4,144	3,909	4,655	5,663	6,964
Common Stock	3,507	3,507	3,507	3,264	2,315	2,315
Additional Paid-In Capital	1,549	1,549	1,549	1,910	32.47	32.47
Retained Earnings	-3,375	-3,563	-4,053	-556.55	-841.97	597.86
Treasury Stock	-157.21	-157.21	-157.21	-157.2	-5.32	-5.23
Comprehensive Income & Other	1,462	1,480	1,476	1,453	1,606	1,519
Shareholders' Equity	2,987	2,817	2,323	5,914	3,106	4,459
Total Liabilities & Equity	7,041	6,961	6,232	10,569	8,769	11,423
Total Debt	1,592	1,523	1,503	1,767	1,763	1,738
Net Cash (Debt)	-367.06	-412.87	-1,078	-709.19	-196.67	1,389
Net Cash Growth	-	-	-	-	-	473.01%
Net Cash Per Share	-6.92	-7.78	-23.19	-25.01	-12.07	85.26
Filing Date Shares Outstanding	47.8	47.8	47.8	41.8	16.29	16.29
Total Common Shares Outstanding	47.8	47.8	47.8	41.8	16.29	16.29
Working Capital	2,328	2,048	1,575	2,003	2,041	2,737
Book Value Per Share	62.48	58.93	48.59	141.47	190.67	273.71
Tangible Book Value	2,931	2,757	2,266	5,906	3,090	4,445
Tangible Book Value Per Share	61.31	57.69	47.41	141.29	189.66	272.85
Land	2,507	2,507	2,507	2,507	2,507	2,516
Buildings	-	807.88	-	-	-	-
Machinery	-	1,795	-	-	-	-
Construction In Progress	-	2.68	4.7	-	-	0.44
Order Backlog	-	604.98	-	-	-	-

Updated Feb 14, 2011. Source: S&P Global Market Intelligence. Standard template. Financial Sources.