2011 2011 3
1921 10 thermometer 1921 1853 1931 AnnuAl RepoRt 2011 Terumo CorporaTion
2011 5 01
Introduction MRS. GIeSeKe 1994 DuraHeart DuraHeartDuraHeart 5 DuraHeart DuraHeart DuraHeart duraheart 2007 2008 7 2011 4 150 02
MR. thomas c. puckett President & CEO Bonfils Blood Center, Colorado, U.S. BCT 25 2011 4 BCT 03
tri JoHn coppola, M.d. Interventional Cardiologist NYU Medical Center, NY, U.S. TRI 5 SCAI TRI 5 2011 3 TRI TRI tri trans Radial Intervention 04
テルモの 皆 様 へ はじめに このような 感 謝 の 気 持 ちを 伝 える 機 会 をいただけたことに 心 から 御 礼 申 し 上 げます 私 がCAPD を 始 めたのはもう10 年 近 く 前 になりますが 透 析 を 始 めなければならなくなったときのショックは 今 でも 忘 れられません 自 力 で 生 きていくことができなくなった 瞬 間 というのは 中 学 生 ながら 大 きな 衝 撃 がありました そのような 中 で 始 めたCAPDでしたが 今 となっては 毎 日 学 校 に 通 うことができたのはCAPDを 支 えてくれた ぴこ があったからだと 実 感 しております 現 在 は 腎 移 植 を 受 け3 年 が 過 ぎました おかげ 様 で 再 発 することなく 元 気 に 過 ごせています 大 学 も 無 事 に 卒 業 することができ 普 通 の 人 と 同 じように 就 職 し 働 くことができています 健 康 を 実 感 することができる 今 辛 い 時 期 も ありましたが 自 分 の 中 学 高 校 を 一 緒 に 生 きてきた ぴこ へ 改 めてありがとうと 伝 えたいと 思 います これからも 今 までお 世 話 になったテルモの 方 々をはじめ 病 院 の 先 生 看 護 師 さん 両 親 支 えてくださった 多 く の 皆 さんへ 感 謝 の 気 持 ちを 忘 れずに 恩 返 しが 少 しでもできるよう 生 きてまいりたいと 思 います また 私 同 様 CAPDを 受 けている 子 供 たちが 少 しでも 普 通 の 子 と 同 様 に 学 校 や 社 会 生 活 を 送 ることができるよう 支 えてくださることを 願 っております CAPD Continuous Ambulatory Peritoneal Dialysis K.Kより APD QOL 05
4 20 20 c206 32 42 C206 20 45 06
そして あ なた の た め に 患者さんとその家族 医療従事者の様々な課題に対して テルモは革新的な技術で応え 医療に貢献していきます 目次 08 連結財務ハイライト 16 役員紹介 10 社長メッセージ 17 会社情報 事業別営業概況 18 10 年間財務サマリー 連結 12 14 所在地別営業概況 15 研究開発 20 財務分析 23 事業等のリスク 24 連結貸借対照表 26 連結損益計算書 連結包括利益計算書 27 連結株主資本等変動計算書 28 連結キャッシュ フロー計算書 29 投資家情報 将来の見通しに関する注意事項 本アニュアルレポートには 将来についての計画や戦略 業績に関する内容が含まれております これらは 2011 年6 月30 日現在入手可能な情報から当社が判断 した見通しであり 経済情勢 事業環境 需要 為替レートの変動等により 実際の業績が見通しと大きく異なる可能性があります 年度表記に関する注意 当社の会計年度は 4 月1 日から3 月31 日までの1 年間です 例えば 2010 年4 月1 日から2011 年3 月31 日までの会計年度は 2010 年度 10と表記しています 07
20102009 2010 2011 3 2009 2010 3................................................... 328,214 316,009................................................. 62,607 63,282................................................ 32,339 40,722................................................ 20,356 17,528............................................. 21,562 18,440................................................ 20,392 19,909................................................... 420,038 425,508................................................... 335,457 317,140................................................ 170.30 214.44................................................... 34.00 32.00................................................... 1,765.32 1,668.93 %........................................... 19.1 20.0................................... 9.9 13.7.................................... 7.6 10.1 3,160 64 240 1,361 1,495 3,282 43 (1.3%) 246 (7.5%) 1,444 (44.3%) 1,530 (46.9%) 09 10 3.9% 8.7% 32.8% 32.5% 2.7% 8.3% 6.1 % 14.4% 2.3% 4.0% 19 3,160 294 569 558 1,739 3,282 348 (10.6%) 611 (18.6%) 552 (16.8%) 1,771 (54.0%) 09 10 45.0% 46.0% 3.9% 8.1 % 18.0% 16.5% 7.4% 16.4% 1.0% 14.5% 1.8% 1.8% 08
3,064 3,027 2,764 3,160 3,282 21.2 585 21.8 669 17.8 540 20.0 19.1 633 626 13.5 372 14.2 434 12.2 369 12.9 407 9.9 323 06 07 08 09 10 06 07 08 09 10 06 07 08 09 10 Roe RoA 8,000 13.2 10.3 15.0 11.2 13.0 9.3 13.7 10.1 9.9 7.6 6,000 4,000 2,000 0 60 30 06 07 08 09 10 07/1 08/1 09/1 10/1 11/1 0 ROE ROA 2010 2011 3 2010 2011 3 2010 2011 3 7.5 1.3 18.6 10.6 13.4 8.1 44.3 46.9 16.8 54.0 9.9 68.6 46.9% 44.3% 7.5% 1.3% 54.0% 16.8% 18.6% 10.6% 46.0% 68.6% 9.9% 13.4% 8.1% 31.4% 09
2010 2010 3,282 4% 16% 6261% 2011 3 BCT 2011 3 11 4 5 1. 1.5 2. BCT 10
Gp1 1 trillion Global presence2020 1 2011 3Gp1 2013 Gp1 10 3 3. 4. 2011 4BCT 5. 2010 290 34 2011 90 1 1
2.3%1,530 1,495 1,530 2009 2010 2010 32011 3 n 841 846 0.5% n 501 518 3.2% n 153 166 8.9% 1,495 1,530 2.3% 4.0% 09 10 n n n 2.7%246 2011 3 BCT TERUMO BCTBCT 240 246 2009 2010 2010 32011 3 240 246 2.7% 8.3% 09 10 12
TRI 17.6% 6.1%1,444 PTCA 1,361 1,444 2009 2010 2010 32011 3 n 909 990 8.9% n 79 94 18.1% n 350 348 0.8% n 101 106 4.8% 1,361 1,444 6.1% 14.4% 09 10 n n n n 32.8%43 OTC 64 2009 2010 2010 32011 3 64 43 32.8% 32.5% 43 09 10 13
1,621 1,739 1,771 514 576 576 08 09 10 54.0% 1.8%1,771 576 557 558 552 14.5% 16.8% 1.0%552 70 75 75 0.9%75 08 09 10 TRI 565 569 611 16.4% 18.6% 25 41 44 08 09 10 7.4%611 6.6%44 284 294 348 16.5% 5 74 83 90 10.6% 18.0%348 8.3%90 08 09 10 14
M&A 2010 204 168 172 175 158 X WEST EAST 20025 Pranex Practice Annex 06 07 08 09 10 10,937 10,758 11,592 11,638 3,131 06 07 08 09 10 2007 EAST 15
2011 6 29 1 2 3 4 5 SCM 6 7 8 9 10 11 10 8 6 4 5 7 9 1 1 2 1 3 CEO Mark Sutter CEO Somsak Jarasviriyagul D&D CEO D&D SCM Richard cappetta CEO 16
2011 3 31 151-0072 44-1 Tel 03-3374-8111 http //www.terumo.co.jp/ 1921 9 17 38,716 LTD. CORP. INC. INC. N.V.UK LTD. CORP. CORP. INC. INC. CORP., LTD. CO., LTD. 34 N.V. G.m.b.H. S.A. SRL SL AB UK LTD. LTD. G.m.b.H. UK LTD. G.m.b.H. INC. CORP. CORP. INC. INC. CORP. S.A. de C.V., LTDA. LTDA. S.A.S. CORP. PT. INC., LTD. CO., LTD. LTD. CO., LTD. 20 5 15 81 34 47 2011 4 CaridianBCT Holding Corp. Harvest Technologies Corp. 17
10 3 31 2010 2011 3 2009 2010 3 2008 2009 3........................................ 328,214 316,009 302,747...................................... 62,607 63,282 54,040........................... 51,560 63,406 52,353..................................... 32,339 40,722 36,878...................... 46,829 67,352 31,616...................... (18,989) (25,273) (23,988)............................ 27,840 42,079 7,628...................... (26,417) (11,488) (34,821)..................................... 20,356 17,528 17,158.................................. 21,562 18,440 17,837 2................................. 20,392 19,909 20,382 11..................................... 170.30 214.44 191.86........................................ 34.00 32.00 32.00 3.................................... 1,765.32 1,668.93 1,464.27...................................... 236,511 230,432 193,659 4.................................. 78,846 99,732 93,701...................................... 157,665 130,700 99,958 4.................................... 420,038 425,508 379,065 3.................................... 335,457 317,140 278,167........................................ 38,716 38,716 38,716 ROE......................................... 9.9% 13.7% 13.0% ROA......................................... 7.6% 10.1% 9.3%................................... 79.8% 74.5% 73.4%................................ 189,881 189,895 189,898................................ 14,761 13,740 13,439 18 1. 1 2002 4 1 2001 1 2. 2004 2,1802002 3,500 3. 2006 5 82005 4. 201018 2008 3 31 21 2008 3 31 5. 12 5 2010 1 1 2011 3 31 151,923970916 685
2007 2008 3 2006 2007 3 2005 2006 3 2004 2005 3 2003 2004 3 2002 2003 3 2001 2002 3 306,382 276,439 247,049 230,003 215,196 200,625 187,082 66,942 58,455 48,252 47,108 36,653 31,299 28,039 65,346 57,073 51,589 43,654 33,743 33,505 24,802 43,382 37,233 32,457 27,135 19,792 18,155 14,441 69,683 43,123 43,380 43,725 41,497 36,825 28,566 (28,070) (19,917) (54,391) (15,636) (11,639) (31,720) (15,420) 41,613 23,206 (11,011) 28,089 29,858 5,105 13,146 3,082 (28,637) 371 (12,343) (19,216) (5,977) (21,053) 15,754 16,793 18,025 13,739 14,700 11,390 10,290 15,954 17,202 14,248 10,998 11,456 12,574 12,857 17,812 15,514 15,181 15,581 14,881 14,716 14,289 220.30 185.00 160.45 136.03 98.45 88.65 68.88 32.00 28.00 24.00 20.00 16.00 11.00 11.00 1,489.10 1,454.71 1,345.52 1,107.88 982.62 917.69 873.61 218,072 171,576 165,487 161,504 142,560 131,910 135,978 114,457 65,891 66,876 70,653 71,189 78,653 82,422 103,615 105,685 98,611 90,851 71,371 53,257 53,556 410,919 367,147 354,648 312,456 293,866 288,184 284,736 288,868 289,248 273,309 219,873 195,075 184,464 179,854 38,716 38,716 38,716 38,716 38,716 38,716 38,716 15.0% 13.2% 13.2% 13.1% 10.4% 10.0% 8.2% 11.2% 10.3% 9.7% 9.0% 6.8% 6.3% 5.1% 70.3% 78.8% 77.1% 70.4% 66.4% 64.0% 63.2% 193,929 198,788 203,027 198,320 198,382 200,847 205,874 12,322 11,572 10,825 9,624 9,094 8,749 8,062 19
1. 1,771 15.6% 17.6% 5.0%1,492 3.9%3,282 2. 7.7% 13.8% 15.6% 8.1% 3. 1.1%626 4. 10.5%569 5. FDA 20.6%323 12 5 2010 1 1 2011 3 3115 19 10 97 12 14 % % Roe % 55.5 54.9 52.3 52.6 52.0 21.2 585 21.8 669 17.8 540 20.0 19.1 633 626 13.2 372 15.0 434 13.0 13.7 369 407 9.9 323 34.3 33.1 34.5 32.6 32.9 06 07 08 09 10 06 07 08 09 10 06 07 08 09 10 ROE 20
1. 61 2,36563 838 2. 10 1,131 5. 29 57 6. 263 1833,355 3. 106705 4. 209 788 200 67 16.9%216 2.4%204 RoA % 1 % 10.3 11.2 9.3 10.1 7.6 4,109 4,255 4,200 3,671 3,791 28.0 32.0 32.0 32.0 34.0 78.8 79.8 70.3 73.4 74.5 3,171 3,355 2,892 2,889 2,782 06 07 08 09 10 06 07 08 09 10 06 07 08 09 10 ROA 21
468 674 516 18816 261 190 253 216 264 115 200 22827 416 421 155 172 178 160 204 199 204 216 178 184 232 278 76 06 07 08 09 10 06 07 08 09 10 22
2011 6 30 23 2 1 160 GMP ISO
20102009 2010 2011 2009 2010................................................... 83,794 90,102.................................................... 943 1,249...................................................... 75,538 70,550 76,481 71,799.................................................... (726) (694)................................................... 75,755 71,105..................................................... 57,674 55,066................................................ 7,798 9,087................................................ 6,084 110................................................ 5,406 4,962................................................ 236,511 230,432......................................................... 20,227 20,285................................................. 120,127 119,205............................. 189,203 182,320..................................................... 1,644 1,128.................................................... 10,443 11,942 341,644 334,880................................................. (228,585) (220,849)............................................ 113,059 114,031................ 28,895 38,868........................................................ 20,191 22,989................................................ 8,137 6,614................................................... 13,245 12,574......................................... 70,468 81,045........................................................ 420,038 425,508 24
2010 2011 2009 2010.................................................... 20,000.................................................... 1,757 1,870...................................................... 28,955 25,498................................................. 30,712 27,368.................................................. 295 220................................................... 6,298 12,994...................................................... 17,590 15,549................................................ 560................................................ 23,391 23,601................................................ 78,846 99,732.................................................. 636 463................................................. 1,083 4,678.............................................. 586 659................................................ 992................................................ 2,438 2,836................................................ 5,735 8,636................................................... 84,581 108,368 840,000,000 210,876,260.................................... 38,716 38,716.................................................... 59,031 59,031.................................................... 342,966 316,703...................................................... (76,880) (76,817)................................................ 363,833 337,633......................................... (1,920) 2,336.................................................. 3,612................................................ (30,322) (23,047).................................... (28,630) (20,711)................................................... 254 218................................................. 335,457 317,140................................................... 420,038 425,508 25
20102009 2010 2011 2009 2010......................................................... 328,214 316,009........................................................ 157,416 149,659................................................... 170,798 166,350.............................................. 108,191 103,068.................................................... 62,607 63,282........................................... 728 722...................................................... (54) (169).............................................. (4,428) (85)................................................. 142 143............................................. 81 81.................................................... 170................................................ (654) (160)................................................. (16)........................................................ (3,001)................................................. (2,257) (189).............................................. (20) (2)................................................. (555)................................................. 10 4.............................................. 494...................................................... (21)................................................ 1 3................................................... (1,518) (373) (11,047) 124......................................... 51,560 63,406.......................................... 18,992 22,432................................................. 165 170 19,157 22,602........................................ 32,403 40,804.................................................... 64 82................................................... 32,339 40,722 1 1............................................. 170.30 214.44 1................................................ 34.00 32.00 26 2010 2011 2009 2010........................................ 32,403 40,804.......................................... (4,256) 7,454.................................................. 3,612................................................ (7,304) (3,192).................................... (1) 1............................................. (7,949) 4,263........................................................ 24,454 45,067.......................................... 24,418 44,953............................................ 36 114
20102009 2009 3 31......... 189,898 38,716 59,031 282,058 (76,800) (5,118) (19,824) 104 278,167............................. 40,722 40,722............. (6,077) (6,077)........... (3) (17) (17)................. 7,454 (3,223) 114 4,345 2010 3 31......... 189,895 38,716 59,031 316,703 (76,817) 2,336 (23,047) 218 317,140.............. 32,339 32,339............. (6,076) (6,076)........... (14) (63) (63)................. (4,256) 3,612 (7,275) 36 (7,883) 2011 3 31......... 189,881 38,716 59,031 342,966 (76,880) (1,920) 3,612 (30,322) 254 335,457 27
20102009 2010 2011 2009 2010........................................... 51,560 63,406................................................... 18,812 18,186.................................................... 21................................................. 1,580 1,723...................................... (81) (81)........................................ 48 (30).................................... (3,556) 1,243................................. (72) (1).................................... (16) (11)......................................... (728) (722)................................................... (170).................................................... 54 169............................................ 2,535 285...................................................... 3,001.................................................... 555................................................ 2,257 189................................................ (10) (4)............................................ 20 2........................................... (494)............................................ 3,200......................................... (6,530) (5,856)........................................ (4,800) (1,403)......................................... 3,214 (395)...................................................... 2,986 4,832...................................................... 73,535 81,383......................................... 916 924................................................ 170................................................. (61) (180)................................................ (1,500).............................................. (26,061) (14,945).................................. 46,829 67,352......................................... (2,724) (16,579)......................................... 6,420 13,336...................................... (21,562) (18,440)...................................... 44 15...................................... (672) (1,276)...................................... (12) (2,909)...................................... 100........................................................ (483) 480.................................. (18,989) (25,273)........................................ (20,000) (5,190).......................................... (63) (17)............................... (278) (204)................................................. (6,076) (6,077).................................. (26,417) (11,488)..................................... (3,640) (781).................................... (2,217) 29,810........................................ 84,878 55,068........................................ 82,661 84,878 28
2011 3 31 840,000,000 210,876,260 28,826 4543 100 10 13,068 6 2% 10,129 4 8% 9,912 4 7% 8,271 3 9% 6,958 3 3% UFJ 5,611 2 7% 5,105 2 4% 4,715 2 2% UFJ 3,831 1 8% JP 3,756 1 8% 20,994 (%) 0.3 0.1 0.2 1.3 1.7 (%) 8.9 10.0 25.0 25.0 17.8 96.4 10.1 3.3 28,826 n 0.1% n 0.3% n 0.2% n 1.3% n 1.7% n 96.4% 210,876,260 n 25.0% n 17.8% n 3.3% n 10.1% n 25.0% n 8.9% n 10.0% TERUMO DuraHeartTerumo Medical Pranex 29
151-0072 44-1 Tel: 03-3374-8111 URL: http://www.terumo.co.jp/ 11T344