Facts and Figures 25
Contents 3 Financial Highlights (Consolidated) Consolidated Balance Sheets 13 14 4 15 Financials in comparison with competitors (Consolidated Consolidated Statements of Income Orders Received by Business Category (Consolidated) 16 17 5 Consolidated Statements of Cash flows 18 6 Net Sales by Business Category (Consolidated) Financial Highlights (Non-consolidated) 19 7 Outstanding Orders by Business Category (Consolidated) Orders Received by Business Category (Non-consolidated) 2 8 Profitability (Consolidated) Net Sales by Business Category (Non-consolidated) 21 9 Stability (Consolidated) Outstanding Orders by Business Category (Non-consolidated) 1 Per Share Data (Consolidated) Other indices (Non-consolidated) 22 23 24 11 Per Employee Data (Consolidated) Non-consolidated Balance Sheets 25 12 Other indices (Consolidated) Non-consolidated Statements of Income - 2 -
Financial Highlights (Consolidated) 27, Orders Received Net Sales 33, Gross Income 15, Operating Income 18, 22, 1, 9, 11, 5, 15, Ordinary Income 7,5 Net Income Total Assets 18, Shareholders' Equity 1, 5, 12, 5, 2,5 6, Orders Received 2,37 2,664 178,49 199,766 255,953 Net Sales 23,69 23,336 186,334 23,93 247,687 Gross Income 24,525 24,645 2,117 24,293 3,964 Operating Income 8,34 8,38 4,541 9,18 11,988 Ordinary Income 8,29 9,62 4,741 9,14 12,377 Net Income 3,622 2,989 1,661 3,47 6,423 Total Assets 145,453 136,575 13,779 131,791 154,28 Shareholders' Equity 54,86 63,314 6,653 63,66 67,119-3 -
Financials in comparison with competitors (Consolidated KYOWA EXEO CORPORATION DAIMEI TELECOM ENGINEERING CORP. COMSYS Holdings Corporation / 3, 75 NEC System Integration& Construction, Ltd. EPS Eanings per Share % 12 ROE Return on Equity 2, 5 8 1, 25 4 KYOWA EXEO CORPORATION 23,69 23,336 186,334 23,93 247,687 Net sales COMSYS Holdings Corporation - - - 248,96 293,681 DAIMEI TELECOM ENGINEERING CORP. 19,73 98,587 83,62 91,228 11,11 NEC System Integration& Construction, Ltd. 22,96 23,64 22,419 194,12 198,625 KYOWA EXEO CORPORATION 8,29 9,62 4,741 9,14 12,377 Ordinary Income COMSYS Holdings Corporation - - - 11,4 17,144 DAIMEI TELECOM ENGINEERING CORP. 3,971 3,62 3,185 4,758 6,164 NEC System Integration& Construction, Ltd. 8,471 4,572 4,745 4,376 4,75 KYOWA EXEO CORPORATION 3,622 2,989 1,661 3,47 6,423 Net Income COMSYS Holdings Corporation - - - 6,591 8,349 DAIMEI TELECOM ENGINEERING CORP. 1,559 232 977 1,852 2,978 NEC System Integration& Construction, Ltd. 3,18 617 1,512 5 1,222 EPS KYOWA EXEO CORPORATION 34. 25.56 14. 29.51 56.59 Earnings per Share COMSYS Holdings Corporation - - - 45.96 58.42 DAIMEI TELECOM ENGINEERING CORP. 36.48 5.58 23.67 45.17 72.66 / NEC System Integration& Construction, Ltd. 7.4 14.33 33.93 1.87 28.24 ROE KYOWA EXEO CORPORATION 6.7 5.1 2.7 5.5 9.8 Return on Equity COMSYS Holdings Corporation - - - 5.7 6.7 DAIMEI TELECOM ENGINEERING CORP. 5.4.8 3.6 6.4 9.6 NEC System Integration& Construction, Ltd. 6.1 1.2 2.9 1. 2.4-4 -
Orders Received by Business Category (Consolidated) 3, 25, 2, NTT NTT-related telecoms facilities and equipment engineering Telecommunications, Electrical Facilities and Equipment Information Systems 15, 1, Overseas Non-NTT telecoms, electrical facilities, and civil engineering IT-SOLUTIONS 5, ECO-SOLUTIONS Others NTT NTT-related telecoms facilities and equipment engineering 121,258 121,967 112,16 127,182 16,544 Telecommunications, Electrical Facilities and Equipment 67,19 65,969 53,211 - - Information Systems 7,867 9,1 8,363 - - Overseas 1,315 541 1,75 - - Non-NTT telecoms, electrical facilities, and civil engineering - - - 47,48 55,192 IT-SOLUTIONS - - - 17,937 29,966 ECO-SOLUTIONS - - - 4,169 7,42 Others 2,98 3,175 3,24 3,67 2,828 Total 2,37 2,664 178,49 199,766 255,953 24 3 Note : Business segment have been changed from FY 24/3. - 5 -
Net Sales by Business Category (Consolidated) 3, 25, 2, NTT NTT-related telecoms facilities and equipment engineering Telecommunications, Electrical Facilities and Equipment Information Systems 15, 1, 5, Overseas Non-NTT telecoms, electrical facilities, and civil engineering IT-SOLUTIONS ECO-SOLUTIONS Others NTT NTT-related telecoms facilities and equipment engineering 126,762 129,5 114,112 13,949 157,182 Telecommunications, Electrical Facilities and Equipment 63,74 61,822 59,25 - - Information Systems 8,145 8,589 8,82 - - Overseas 2,177 73 929 - - Non-NTT telecoms, electrical facilities, and civil engineering - - - 5,983 58,586 IT-SOLUTIONS - - - 17,243 27,447 ECO-SOLUTIONS - - - 1,84 1,559 Others 2,98 3,142 3,24 2,95 2,91 Total 23,69 23,336 186,334 23,93 247,687 24 3 Note : Business segment have been changed from FY 24/3. - 6 -
Outstanding Orders by Business Category (Consolidated) 1, 75, NTT NTT-related telecoms facilities and equipment engineering Telecommunications, Electrical Facilities and Equipment Information Systems 5, Overseas Non-NTT telecoms, electrical facilities, and civil engineering 25, IT-SOLUTIONS ECO-SOLUTIONS Others NTT NTT-related telecoms facilities and equipment engineering 3,247 26,526 24,573 2,87 26,935 Telecommunications, Electrical Facilities and Equipment 33,716 39,82 33,58 - - Information Systems 531 951 512 - - Overseas 241 52 197 - - Non-NTT telecoms, electrical facilities, and civil engineering - - - 27,99 26,27 IT-SOLUTIONS - - - 1,969 5,174 ECO-SOLUTIONS - - - 4,185 1,46 Others 33 33 151 69 Total 64,736 66,646 58,376 54,212 68,253 24 3 Note : Business segment have been changed from FY 24/3. - 7 -
Profitability (Consolidated) % 15. % Gross Income to Net Sales % % % Operating Income to Net Sales % 6. % % Ordinary Income to Net Sales % 6. 1. 4. 4. 5. 2. 2.... % % Net Income to Net Sales % 3. % 12. % Return on Equity % % Return on Total Assets % / times 2. ( Total Assets Turnover (times) 2. 8. 1.5 1. 1. 4..5... % Gross Income to Net Sales % 12.1 12.1 1.8 11.9 12.5 % Operating Income to Net Sales % 4.1 4.1 2.4 4.4 4.8 % Ordinary Income to Net Sales % 4. 4.5 2.5 4.4 5. % Net Income to Net Sales % 1.8 1.5.9 1.7 2.6 % Return on Equity % 6.7 5.1 2.7 5.5 9.8 % Return on Total Assets % 2.4 2.1 1.2 2.6 4.5 ( Total Assets Turnover (times) 1.36 1.44 1.39 1.55 1.73-8 -
Stability (Consolidated) % % Shareholders` Equity to Total Assets % % 3 % Current Ratio % % 3 % Quick Assets to Current Liabilities % 6 4 2 2 2 1 1 % 9 % Fixed Assets Ratio % % Fixed Assets (Shareholders` Equity + Long-term Liabilities) % / times ( ) Interest Coverage Ratio (times) % 8 % Debt Equity Ratio % 6 3 2 6 4 3 1 2 % % % % % 37.7 46.4 46.4 48.3 43.5 % 187.7 266.5 19. 29. 169.1 % 146.9 22.9 151. 162.7 132.2 % 75.1 65.4 65.3 59.2 72.8 Shareholders` Equity to Total Assets Current Ratio Quick Assets to Current Liabilities Fixed Assets Ratio Fixed Assets (Shareholders` Equity + Long-term Liabilities) % % 46.7 41.4 48.1 43.5 55.3 ( ) Interest Coverage Ratio (times) 11.1 11.8 17.8 3.6 11.1 % Debt Equity Ratio % 73.5 45.4 47.4 22.2 24.5-9 -
Per Share Data (Consolidated) ( Number of Shares outstanding at end of period (Thousand shares) /Thousand shares 15, / 75 1 ( ) Net Income per Share ( ) / 9 1 Net Assets per Share ( ) 1, 5 6 5, 25 3 1 Cash flow from Operating Activities per Share ( ) / 15 / 15. 1 Cash Dividends per Share ( ) 1 1. 5 5.. ( Number of Shares outstanding at end of period (Thousand shares 16,47 116,239 111,447 111,4 19,42 1 ( ) Net Income per Share ( ) 34. 25.56 14. 29.51 56.59 1 Net Assets per Share ( ) 515.57 544.69 543.59 569.9 611.97 1 Cash flow from Operating Activities per Share ( ) 63.57 58.86 73.66 147.65 37.21 1 Cash Dividends per Share ( ) 11. 11. 11. 12. 11. - 1 -
Per Employee Data (Consolidated) Number of Employees at Fiscal Yearend (number) / number 7,5 1 Orders Recieved per 1 Net Sales per Employee Employee ( Thousands ( Thousands / Thousands / Thousands 6, 6, 5, 4, 4, 2,5 2, 2, 1 Operating Income per Employee ( Thousands / Thousands 3, / Thousands 1,5 1 Net Income per Employee ( Thousands 2, 1, 1, 5 Number of Employees at Fiscal Year-end (number) 5,336 5,465 5,31 5,24 6,567 1 Orders Recieved per Employee ( Thousands 37,55 36,718 33,531 39,762 38,975 1 Net Sales per Employee ( Thousands 38,56 37,27 35,91 4,591 37,716 1 Operating Income per Employee ( Thousands 1,556 1,52 855 1,813 1,825 1 Net Income per Employee ( Thousands 678 547 312 678 978-11 -
Other indices (Consolidated) ( ) Selling, General and Administrative Expenses( Millions 2, 15, 1, 5, Nunber of consolidated subsidiaries / Number 6 45 3 15 Depreciation Expenses ( Millions 2,7 1,8 9 /Times 45 Price Earnings Rotio(Times) 3 /Times 3 2 15 1 ( ) Selling, General and Administrative Expenses( Millions 16,22 16,336 15,576 15,184 18,975 Depreciation Expenses ( Millions 2,232 2,221 2,152 2,87 2,251 Nunber of consolidated subsidiaries 21 21 24 23 45 Price Earnings Rotio(Times) 36. 25. 2.7 25.2 15. Price Book-value Ratio(Times) 2.4 1.2.5 1.3 1.4-12 -
Consolidated Balance Sheets (Assets) ASSETS Current Assets 14,252 95,142 91,153 94,152 15,434 Cash and Bank Deposits 15,46 14,118 19,137 17,385 9,478 Notes and Accounts Receivable, Trade 57,265 52,652 49,818 5,397 66,33 Marketable Securities 9,238 5,696 3,55 5,517 6,66 Contracts in Process 19,157 2,39 15,744 15,65 17,556 Deferred Tax Assets-current 1,123 679 893 2,944 3,46 Other 2,563 1,786 2,214 2,431 2,357 Allowance for Doubtful Accounts 142 99 161 173 383 Fixed Assets 41,21 41,432 39,625 37,638 48,845 Property and Equipment 24,849 26,974 26,792 25,696 35,45 Buildings and Structures 16,31 18,388 1,265 9,773 11,517 Machinery, Vehicles, Tools and Equipment 7,61 7,654 1,237 1,192 2,83 Land 13,663 15,271 15,29 14,731 21,848 Construction in Progress - - - - - Accumulated Depreciation 12,717 14,339 - - - Intangible Fixed Assets 3,571 2,711 1,914 74 975 Software 3,265 2,399 1,566 - - Other 35 311 348 - - Investments and Other 12,781 11,746 1,918 11,237 12,42 Investment Securities 6,116 5,82 4,591 5,874 7,51 Long-term Loans Receivable - - - - - Deferred Tax Assets-non-current 3,742 4,131 3,699 3,729 3,446 Other 3,159 2,788 3,123 2,56 2,993 Allowance for Doubtful Accounts 236 256 495 873 1,7 Total Assets 145,453 136,575 13,779 131,791 154,28-13 -
Consolidated Balance Sheets (Liabilities / Shareholders` Equity) LIABILITIES Current Liabilities 55,53 35,77 47,975 45,51 62,359 Notes and Accounts Payable, Trade 28,114 22,836 22,67 24,89 29,587 Short-term borrowings - - - - 2,23 Current Portion of bonds - - - - 9,6 Current Portion of Convertible Bonds 1, - 14,664 - - Accrued Expenses - - - 6,967 8,189 Income Taxes Payable 3,795 1,424 1,48 5,652 5,6 Advances Received on Contracts in Process 5,581 6,127 5,352 4,67 3,72 Allowance for bonuses payable - - - - 43 Allowance for Compensation for Construction Damages 13 13 12 244 42 Allowance for losses on construction contracts - - - - 419 Other 7,97 5,188 4,721 3,426 2,799 Long-term Liabilities 33,433 36,685 21,669 22,82 21,161 Bonds 14,6 14,1 14,1 14,1 4,5 Convertible Bonds 14,664 14,664 - - - Accrued Pension and Severance Cost 2,363 5,577 5,34 6,75 12,952 Allowance for Retirement Benefits for Directors and Corporate Auditors 653 62 42 357 562 Allowance for losses on investment - - - - 238 Deferred Tax Liabilities-non-current - 11 132 149 1,339 Negative Consolidation Goodwill 869 1,615 1,967 1,451 1,43 Other 283 14 15 12 165 Total Liabilities 88,964 72,392 69,644 67,872 83,521 MINORITY INTERESTS IN CONSOLIDATED SUBSIDIARIES 1,628 868 48 312 3,639 SHAREHOLDERS' EQUITY Common Stock 5,47 6,888 - - - Additional Paid-in Capital 4,321 5,761 - - - Retained Earnings 45,319 51,914 - - - Net Unrealized Gains on Securities 373 29 - - - Treasury Stock 562 1,459 - - - Common Stock - - 6,888 6,888 6,888 Capital Surplus - - 5,761 5,761 5,761 Retained Earnings - - 51,634 53,783 58,75 Net Unrealized Gains on Securities - - 197 1,29 1,286 Treasury Stock - - 3,828 3,856 5,567 Total Shareholders' Equity 54,86 63,314 6,653 63,66 67,119 Total Liabilities, Minority Interests and Shareholders' Equity 145,453 136,575 13,779 131,791 154,28-14 -
Consolidated Statements of Income Net Sales 23,69 23,336 186,334 23,93 247,687 Cost of Sales 178,544 178,691 166,216 179,637 216,723 Gross Income 24,525 24,645 2,117 24,293 3,964 Selling, General and Administrative Expenses 16,22 16,336 15,576 15,184 18,975 Operating Income 8,34 8,38 4,541 9,18 11,988 Non-operating Income 1,445 1,762 1,17 1,185 1,511 Interest and dividends Income - - - 13 175 Interest Income 64 42 36 - - Dividends Income 234 146 1 - - Commission Income - 25 15 - - Amortization of Consolidation Goodwill 243 593 587 682 73 Other 93 729 294 372 65 Non-operating Expenses 1,54 1,8 97 1,189 1,122 Interest Expenses 67 584 468 464 371 Provision for doubtful accounts - - - 333 284 Foreign Currency Exchange Losses - - 116 - - Other 933 423 385 391 467 Ordinary Income 8,29 9,62 4,741 9,14 12,377 Special Income 3,585-1,968 55 189 Special Losses 3,897 3,112 3,313 2,846 514 Income before Income Taxes and Minority Interests 7,897 5,949 3,395 6,88 12,52 Income Taxes-current 5,181 1,898 1,384 5,975 5,497 Income Taxes-deferred 935 1,13 325 2,67 258 Minority Interests 28 47 23 33 389 Net Income 3,622 2,989 1,661 3,47 6,423-15 -
Consolidated Statements of Cash flows (Cash flows from Operating Activities) Cash flows from Operating Activities 6,773 6,886 8,365 16,452 4,112 Income before Income Taxes and Minority Interests 7,897 5,949 3,395 6,88 12,52 Depreciation and Amortization 2,232 2,221 2,152 2,87 2,251 Amortization of Consolidation Goodwill 243 593 587 53 615 Losses on Revaluation of Investment Securities - 487 1,13 421 16 Losses on sales of property and equipment - - - - 17 Provision for losses on investment - - - - 238 Losses on Revaluation of Investment in Memberships - 345 - - - Special Retirement Benefit - 1,635 1,898 1,764 - Losses on devaluation of fixed assets - - - 66 - Gains on Return of the Substitutional portion of the Employee pension fund - - 1,657 - - Gains on sales of fixed assets - - 116 431 189 Gains on Securities Contributed to Employee Retirement Benefit Trust 3,41 - - - - Post-employment Benefit Expenses on Establishment of Retirement Benefit Trust 2,88 - - - - Changes in Allowance for foreign investment Losses 2,82 - - - - Gain on Sales of Investment Securities 544-194 119 - Foreign Currency Exchange gains - 19 - - - Foreign Currency Exchange Losses 16-24 44 - Changes in Other Operating Assets 4,831 1,499 15 151 6 Changes in Other Operating Liabilities 2,599 3,158 737 5,117 662 Decrease in Allowance for Doubtful Accounts 166 43 31 444 382 Changes in Accrued pension and Severance Cost 1,48 97 1,24 1,715 187 Interest and Dividend Income 299 189 137 13 175 Interest Expenses 67 584 468 464 371 Changes in Notes and Accounts Receivable Trade 3,381 1,82 3,61 362 5,87 Changes in Contracts in Process 6,82 943 5,157 248 73 Decrease in Accounts Payable, Trade 946 7,59 1,551 2,156 1,58 Changes in Advances Received on Contracts in Process 3,455 181 1,198 724 1,378 Other-net 199 76 385 43 38 Sub-total 11,744 13,39 13,19 19,528 1,939 Interest and Dividends Received 34 193 133 12 188 Interest Expenses Paid 61 582 469 537 372 Income Tax Paid 4,665 4,225 1,998 1,122 6,17 Special Retirement Benefit Paid - 1,538 2,179 1,535 625 Other, net - - 311 - - - 16 -
Consolidated Statements of Cash flows (Cash flows from Investing Activities / Cash flows from Financing activities) Cash flows from Investing Activities 73 357 1,932 256 2,419 Proceeds from Time Deposits 852 173 164-29 Payments for Purchases of Marketable Securities 2 5 2,198 1,998 999 Proceeds from Sales of Marketable Securities 974 29 1,25 1,999 2,9 Payments for Purchases of Property and Equipment 94 721 931 761 3,348 Proceeds from Sales of Property and Equipment 16 89 24 91 632 Payments for Purchases of Intangible Fixed Assets and Other Investments 145 99 17 18 48 Payments for Purchases of Investment Securities 1,595 48 469 442 49 Proceeds from Sales of Investment Securities 888 713 392 194 591 Payments for purchases of subsidiary stock due to changing scope of consolidation - - 8-782 Proceeds from Purchases of Subsidiary Stock Due to Changing Scope of Consolida - 51 - - - Payment for Loans Receivable 389 265 61 754 688 Settlement of Loans Receivable 15 27 29 244 894 Other, net 134 111 154 467 58 Cash flows from Financing activities 7,592 14,35 4,656 15,918 7,617 Net Change in Short-term Borrowings 4,661 1,97 389-2,98 Proceeds from Long-term Debt 95 - - - 45 Payments of long-term debt 879 334 52-1,177 Proceeds from Issuance of Bonds - - - - - Payments for Redemption of Bonds 4 1,531-14,664 4 Proceeds from Common Stock by a Subsidiary - 24 - - - Payments for Purchase of Treasury Stock 561 94 2,368 28 1,897 Proceeds from Sales of Treasury Stock - 44 - - - Proceeds from Sales of the Parent Company's Stock Owned by a Subsidiary - 35 - - - Proceeds from Sales of Treasury Stock Owned by the Merged Company - 55 - - - Cash Dividends Paid 1,175 1,17 1,843 1,225 1,331 Cash Dividends Paid to the Minority Shareholders 9 11 1 122 Cash Delivered Due to Merger - 19 - - - Other-net - - - - 175 Effect of Exchange Rate Changes on Cash and Cash Equivalents 11 9 3 36 4 Net Increase (Decrease) in Cash and Cash Equivalents 881 7,516 1,772 24 5,919 Cash and Cash Equivalents at the Beginning of the Year 24,934 24,53 19,325 21,643 21,893 Increase in Cash and Cash Equivalents due to inclusion of subsidiaries in consolidat - - 367 6 - Increase in Cash and Cash Equivalents Due to Merger of non-consolidated subsidia - - 178 2 - Increase in Cash and Cash Equivalents due to Merger - 2,789 - - - Decrease in Cash and Cash Equivalents Due to Exclusion From Consolidation of Su - - - - - Cash and Cash Equivalents at the End of the Year 24,53 19,325 21,643 21,893 15,973-17 -
Financial Highlights (Non-consolidated) 24, Orders Received Net Sales 27, Gross Income 12, Operating Income 16, 18, 8, 8, 9, 4, 12, Ordinary Income 6, Net Income Total Assets 15, Shareholders' Equity 8, 4, 1, 4, 2, 5, Orders Received 186,364 19,232 168,23 189,245 24,634 Net Sales 19,317 19,687 176,26 193,748 195,2 Gross Income 2,996 21,34 17,38 2,874 21,736 Operating Income 7,57 7,27 3,83 7,365 8,42 Ordinary Income 7,51 7,265 3,41 6,197 8,32 Net Income 3,331 2,33 82 2,122 4,24 Total Assets 136,313 129,94 124,156 124,76 127,35 Shareholders' Equity 52,224 59,685 56,249 57,872 59,46-18 -
Orders Received by Business Category (Non-consolidated) 25, 2, 15, NTT NTT-related telecoms facilities and equipment engineering Telecommunications, Electrical Facilities and Equipment Information Systems Overseas 1, 5, Non-NTT telecoms, electrical facilities, and civil engineering IT-SOLUTIONS ECO-SOLUTIONS NTT NTT-related telecoms facilities and equipment engineering 12,812 121,926 111,797 126,379 128,681 Telecommunications, Electrical Facilities and Equipment 57,95 58,947 47,317 - - Information Systems 7,158 8,828 7,833 - - Overseas 1,297 53 1,75 - - Non-NTT telecoms, electrical facilities, and civil engineering - - - 42,411 45,59 IT-SOLUTIONS - - - 16,284 23,473 ECO-SOLUTIONS - - - 4,169 7,42 Total 186,364 19,232 168,23 189,245 24,634 24 3 Note : Business segment have been changed from FY 24/3. - 19 -
Net Sales by Business Category (Non-consolidated) 25, 2, 15, NTT NTT-related telecoms facilities and equipment engineering Telecommunications, Electrical Facilities and Equipment Information Systems Overseas 1, 5, Non-NTT telecoms, electrical facilities, and civil engineering IT-SOLUTIONS ECO-SOLUTIONS NTT NTT-related telecoms facilities and equipment engineering 126,33 128,986 113,76 13,459 125,595 Telecommunications, Electrical Facilities and Equipment 54,296 52,693 53,172 - - Information Systems 7,531 8,287 8,344 - - Overseas 2,158 719 929 - - Non-NTT telecoms, electrical facilities, and civil engineering - - - 45,79 46,813 IT-SOLUTIONS - - - 15,775 21,51 ECO-SOLUTIONS - - - 1,84 1,559 Total 19,317 19,687 176,26 193,748 195,2 24 3 Note : Business segment have been changed from FY 24/3. - 2 -
Outstanding Orders by Business Category (Non-consolidated) 1, 75, NTT NTT-related telecoms facilities and equipment engineering Telecommunications, Electrical Facilities and Equipment Information Systems 5, Overseas 25, Non-NTT telecoms, electrical facilities, and civil engineering IT-SOLUTIONS ECO-SOLUTIONS NTT NTT-related telecoms facilities and equipment engineering 3,223 26,526 24,563 2,483 23,569 Telecommunications, Electrical Facilities and Equipment 3,98 37,512 31,657 - - Information Systems 383 924 413 - - Overseas 241 52 197 - - Non-NTT telecoms, electrical facilities, and civil engineering - - - 25,99 24,235 IT-SOLUTIONS - - - 1,669 4,91 ECO-SOLUTIONS - - - 4,185 1,46 Total 6,946 65,14 56,832 52,328 61,943 24 3 Note : Business segment have been changed from FY 24/3. - 21 -
Other indices (Non-consolidated) ( ) Selling, General and Administrative Capital Expenditures ( Millions Depreciation Expenses ( Millions Expenses Millions 3,3 3, 18, 2,2 2, 12, 1,1 1, 6, Dividend Payout Ratio Percentage of Stock Held by Foreigners 18 21 12 14 6 7 Capital Expenditures ( Millions 453 443 993 773 3,49 Depreciation Expenses ( Millions 1,838 1,896 1,833 1,832 1,361 ( ) Selling, General and Administrative Expenses 13,488 14,96 13,577 13,58 13,334 Dividend Payout Ratio 35.1 54.9 159.9 65.1 3.9 Percentage of Stock Held by Foreigners 1.6 9.6 7.6 8.9 14.5-22 -
Non-consolidated Balance Sheets (Assets) ASSETS Current Assets 99,236 93,157 89,2 89,577 87,65 Cash and Bank Deposits 12,941 13,761 18,892 16,92 7,36 Notes Receivable 2,142 2,535 2,12 1,246 1,626 Accounts Receivable, Trade 52,683 47,98 45,258 46,976 51,281 Marketable Securities 9,219 5,691 3,55 5,517 6,6 Contracts in Process 16,379 18,239 13,716 13,532 13,2 Short-term Loans Receivable 2,925 3,614 3,27 1,411 3,39 Deferred Tax Assets-current 1,97 585 81 2,277 2,79 Other 2,97 1,854 1,777 1,86 1,923 Allowance for Doubtful Accounts 25 223 158 164 192 Fixed Assets 37,76 36,783 35,135 35,182 39,655 Property and Equipment 21,52 23,242 23,119 22,48 23,768 Buildings and Structures 8,489 9,39 9,13 8,63 8,252 Machinery and Vehicles 286 325 271 214 22 Tools and Equipment 581 561 527 572 938 Land 12,162 13,316 13,36 13,17 14,376 Intangible Fixed Assets 3,477 2,617 1,817 635 456 Software 3,261 2,39 1,551 - - Other 216 227 265 - - Investments and Other 12,78 1,923 1,199 12,138 15,429 Investment Securities 6,934 5,612 5,256 7,16 5,11 Investment securities of affiliated companies - - - - 5,442 Long-term Loans Receivable 12 27 511 1,358 1,681 Reorganization Credits 113 18 23 19 114 Long-term Prepaid Expenses 211 27 154 131 117 Deferred Tax Assets-non-current 3,265 3,654 3,155 3,819 3,545 Other 2,92 1,586 1,684 1,251 1,52 Allowance for Doubtful Accounts 64 588 793 1,548 1,535 Total Assets 136,313 129,94 124,156 124,76 127,35-23 -
Non-consolidated Balance Sheets (Liabilities/Shareholders' Equity) LIABILITIES Current Liabilities 53,257 36,696 49,68 46,82 57,231 Notes Payable 841 32 55 314 83 Accounts Payable, Trade 28,838 24,261 22,589 25,756 28,561 Current Portion of Bonds - - - - 9,6 Current Portion of Convertible Bonds 1, - 14,664 - - Accounts Payable-other - - - 1,568 - Accrued Expenses 3,46 2,22 1,871 4,848 5,94 Income Taxes Payable 3,319 662 854 4,846 3,96 Advances Received on Contracts in Process 4,716 5,598 5,87 4,337 3,28 Deposit Received - 2,798 2,472 4,38 3,863 Allowance for Compensation for Construction Damages 123 127 118 242 388 Allowance for losses on construction contracts - - - - 369 Other 2,12 725 1,399 597 1,184 Long-term Liabilities 3,831 33,558 18,298 2,67 11,27 Bonds 14,6 14,1 14,1 14,1 4,5 Convertible Bonds 14,664 14,664 - - - Accrued Pension and Severance Cost 1,258 4,45 3,899 5,74 6,2 Allowance for Retirement Benefits for Directors and Corporate Audit 39 339 297 262 287 Other - 3 1 - - Allowance for losses on investment - - - - 238 Total Liabilities 84,89 7,255 67,96 66,888 68,258 SHAREHOLDERS' EQUITY Common Stock 5,47 6,888 - - - Legal Reserves 5,673 7,38 - - - Voluntary Reserves 36,755 44,482 - - - Unappropriated Retained Earnings 4,23 2,278 - - - Net Unrealized Gains on Securities 364 186 - - - Treasury Stock - 1,459 - - - Common Stock - - 6,888 6,888 6,888 Capital Surplus - - 5,761 5,761 5,761 Legal Reserves - - 1,547 1,547 1,547 Voluntary Reserves - - 44,478 44,478 44,475 Unappropriated Earnings - - 1,24 2,61 4,681 Net Unrealized Gains on Securities - - 197 991 1,26 Treasury Stock - - 3,828 3,856 5,567 Total Shareholders' Equity 52,224 59,685 56,249 57,872 59,46 Total Liabilities and Shareholders' Equity - 24-136,313 129,94 124,156 124,76 127,35
Non-consolidated Statements of Income Net Sales 19,317 19,687 176,26 193,748 195,2 Cost of Sales 169,321 169,382 158,825 172,874 173,283 Gross Income 2,996 21,34 17,38 2,874 21,736 Selling, General and Administrative Expenses 13,488 14,96 13,577 13,58 13,334 Operating Income 7,57 7,27 3,83 7,365 8,42 Non-operating Income 686 932 471 397 474 Interest and Dividend Income 321 231 163 147 179 Foreign Currency Exchange Gains - 112 - - - Commission Income - 25 15 97 76 Land and house rent income - - 11 95 95 Other 364 338 55 56 121 Non-operating Expenses 1,141 874 864 1,564 844 Interest Expenses 53 563 466 468 316 Provision for doubtful accounts - - - 692 186 Foreign Currency Exchange Losses - - 116 - - Other 61 31 281 43 341 Ordinary Income 7,51 7,265 3,41 6,197 8,32 Special Income 3,585-1,951 516 14 Special Losses 4,32 2,88 3,277 2,178 511 Income before Income Taxes 6,64 4,385 2,84 4,536 7,661 Income Taxes-current 4,29 95 99 5,9 4,6 Income Taxes-deferred 1,16 1,14 274 2,675 423 Net Income 3,331 2,33 82 2,122 4,24-25 -