Hiraga Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2013	FY 2012	FY 2011	FY 2010	FY 2009
Period Ending	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	8,891	9,060	8,512	9,095	10,003
Revenue Growth (YoY)	-1.86%	6.44%	-6.41%	-9.07%	9.31%
Cost of Revenue	6,853	7,178	6,654	7,223	7,972
Gross Profit	2,038	1,882	1,858	1,872	2,031
Selling, General & Admin	1,648	1,693	1,672	1,911	1,955
Amortization of Goodwill & Intangibles	-	-	-	-	31.72
Operating Expenses	1,649	1,693	1,673	2,045	2,639
Operating Income	389	189	185	-172.69	-608.03
Interest Expense	-21	-31	-39	-31.58	-31.29
Interest & Investment Income	9	11	9	9.91	18.02
Earnings From Equity Investments	-	-	-	-15.29	-19.42
Other Non Operating Income (Expenses)	14	1	-4	15.34	18.07
EBT Excluding Unusual Items	391	170	151	-194.31	-622.65
Impairment of Goodwill	-	-	-	-	-322.81
Gain (Loss) on Sale of Investments	-	-22	-23	-11.76	-104.6
Gain (Loss) on Sale of Assets	11	10	-10	10.12	1.26
Asset Writedown	-	-4	-4	-0.31	-4.11
Legal Settlements	-	-	-5	-	-
Other Unusual Items	8	4	35	33.38	-7.8
Pretax Income	410	158	144	-160.24	-1,054
Income Tax Expense	142	94	81	195.13	94.01
Net Income	268	64	63	-355.37	-1,148
Net Income to Common	268	64	63	-355.37	-1,148
Net Income Growth	318.75%	1.59%	-	-	-
Shares Outstanding (Basic)	4	4	4	4	4
Shares Outstanding (Diluted)	4	4	4	4	4
Shares Change (YoY)	-0.00%	-0.00%	-0.00%	-0.58%	-0.25%
EPS (Basic)	72.76	17.37	17.10	-96.47	-309.96
EPS (Diluted)	72.76	17.37	17.10	-96.47	-309.96
EPS Growth	318.75%	1.59%	-	-	-
Free Cash Flow	219	218	490	742.18	389.11
Free Cash Flow Per Share	59.45	59.18	133.02	201.47	105.02
Dividend Per Share	5.000	-	30.000	30.000	30.000
Gross Margin	22.92%	20.77%	21.83%	20.58%	20.30%
Operating Margin	4.38%	2.09%	2.17%	-1.90%	-6.08%
Profit Margin	3.01%	0.71%	0.74%	-3.91%	-11.48%
Free Cash Flow Margin	2.46%	2.41%	5.76%	8.16%	3.89%
EBITDA	449	266	277	-62.58	-433.39
EBITDA Margin	5.05%	2.94%	3.25%	-0.69%	-4.33%
D&A For EBITDA	60	77	92	110.12	174.64
EBIT	389	189	185	-172.69	-608.03
EBIT Margin	4.38%	2.09%	2.17%	-1.90%	-6.08%
Effective Tax Rate	34.63%	59.49%	56.25%	-	-

Updated Jun 26, 2013. Source: S&P Global Market Intelligence. Standard template. Financial Sources.