Fact Book 2015

Human-centered automation 人を中心としたオートメーション FACT BOOK 2015 ファクトブック 2015 ISIN: JP3937200008 Sedol: 6985543 RIC: 6845.T 証券コード : 6845( 東証 1 部 )

FACT BOOK 2015 ファクトブック 2015 CONTENTS 目次 Notes to Financial Data 2 財務データに関する注記 Financial Results 経営成績 Consolidated 3 連結 Building Automation Business 4 BA 事業 Advanced Automation Business 5 AA 事業 Life Automation Business 6 LA 事業 Overseas 7 海外 Financial Statement Related Ratio 1 SG & A Expenses / Net Sales 2 R & D Expenses / Net Sales 3 Return on Assets 4 Return on Equity 5 Asset Turnover 6 Inventory Turnover 7 Tangible Fixed Assets Turnover 8 Capital Expenditures & Cash Flow 9 Current Ratio & Working Capital 10 Shareholders' Equity / Total Assets 11 Aggregate Market Value & Price Book-Value Ratio 12 Cash Flow per Share 8 9 10 11 12 13 財務諸表に関する指標 1 売上高販売管理費率 2 売上高研究開発費率 3 総資産当期純利益率 (ROA) 4 自己資本当期純利益率 (ROE) 5 総資産回転率 6 たな卸資産回転率 7 有形固定資産回転率 8 設備投資額 キャッシュ フロー 9 流動比率 運転資本 10 自己資本比率 11 時価総額 株価純資産倍率 (PBR) 12 1 株当たりキャッシュ フロー Financial Statement 財務諸表 Consolidated Statements of Income & Consolidated Statements of Comprehensive Income 14 連結損益計算書及び連結包括利益計算書 Consolidated Balance Sheets 15, 16 連結貸借対照表 Consolidated Statements of Cash Flows 17, 18 連結キャッシュ フロー計算書 1 Basic Information 基本情報 Common Stock Price Range 19 株価推移 Dividends & Devidend Payout Ratio 配当金 配当性向 20 Dividends Yield 配当利回り Number of Employees 21 従業員数推移 Corporate Data 22 会社概要

Notes to Financial Data 財務データに関する注記 (General Information) 1. Financial data and financial statements have been prepared based on Japanese GAAP and amounts have been rounded down. 2. Figures have been calculated on a consolidated basis for the years ended March 31. 3. Not all data have been audited. (Special Information) a. In FY2004, 3,452 million yen was incurred as extraordinary loss because of the shift to a DC pension plan,. b. In December 2005, the Company acquired shares of Kimmon Manufacturing Co., Ltd. (Azbil Kimmon Co., Ltd.). Only Kimmon s balance sheets were consolidated at the end of FY2005. Kimmon s profit and loss was consolidated in FY2006. And in April 2008, Kimmon became a wholly owned subsidiary by share exchange with the Company. c. At the end of FY2005, the Company newly established the Life Automation Business and classified the business of newly consolidated company, Kimmon, and some of the businesses(nursing care service, residential central airconditioning systems, etc.) previously categorized as Others to the segment. d. In November 2008, the Company repurchased 1 million shares. The cost of shares repurchased was 1,967 million yen and was presented as a deduction from shareholders equity on the balance sheets. e. In FY2011, orders were received for some large-scale service contracts that cover a period of several years as a result of market testing in the Building Automation Business. And in FY2014, orders resulting from the renewal of a part of the contracts. f. In January 2013, the Company acquired 80% of Telstar, S.A. (Azbil Telstar, S. L. U.) s investments in capital. At the end of FY2012, only Telstar s balance sheets were consolidated. Telstar s profit and loss was consolidated in FY2013. The business was classified to the Life Automation Business. And in January 2015, Telstar became a wholly owned subsidiary by additional acquirement. g. Following the transfer of all shares in Azbil Care & Support Co., Ltd on February 2015, it is no longer included in consolidated results. But as regards profits, results are consolidated until the third quarter of FY2014. h. In FY2014, Azbil Corporation and Azbil Trading Co., Ltd. has unified their plans to a defined contribution pension plan. As a result of this revision, an extraordinary loss of 2,885million yen was recorded. ( 一般事項 ) 1. 財務データ及び財務諸表は有価証券報告書をベースに作成しており 記載金額は表示単位未満切捨てで表示しております 2. 記載数値は連結ベースとし 会計年度は 4 月 1 日から 3 月 31 日となっております 3. 監査されていない情報を含んでおります ( 特記事項 ) a. 2004 年度 確定拠出年金制度への移行に伴い34 億 52 百万円の特別損失が発生しております b. 2005 年 12 月に株式会社金門製作所 ( 現アズビル金門株式会社 ) の株式を取得し 2005 年度末に貸借対照表のみ連結 2006 年度より損益を連結しております また 2008 年 4 月に同社を株式交換により完全子会社化しております c. 2005 年度末に LA 事業 を新設し 金門製作所 ( 現アズビル金門株式会社 ) 及び従来 その他 に含めていたケアサービス 一般住宅向け空調システム製品等を同セグメントに区分しております d. 2008 年 11 月に自己株式 1,000,000 株を取得 取得対価 19 億 67 百万円を株主資本から同額控除しております e. 2011 年度に BA 事業 において契約期間が複数年となる大型のサービス契約 ( 市場化テスト ) を複数受注しております また 2014 年度に一部契約の更新がありました f. 2013 年 1 月に Telstar, S.A.( 現アズビルテルスター有限会社 ) 出資金の 80% を取得し 2012 年度末に貸借対照表のみ連結 2013 年度より損益を連結しております 尚 本事業は LA 事業 に区分しております また 2015 年 1 月に同社出資金を追加取得し 完全子会社化しております g. アズビルあんしんケアサポート株式会社の全株式を2015 年 2 月に綜合警備保障株式会社へ売却し 同社を連結の範囲から除外しております 損益につきましては 2014 年度第 3 四半期までを連結しております h. 2014 年度 アズビル株式会社及びアズビルトレーディング株式会社の退職年金制度を変更して確定拠出年金へ一本化する事に伴い 28 億 85 百万円の特別損失が発生しております 2

Financial Results 経営成績 Orders Received 受注高 Net Sales, Operating Income 売上高 営業利益 [Billions of yen 十億円 ] [Billions of yen 十億円 ] [Billions of yen 十億円 ] 30 30 3 25 25 25.0 Consolidated 20 15 10 20 15 10 2 15.0 1 連結5 5 5.0 a b b e f f e, g, h Orders received 受注高 [Millions of y en 百万円 ] 176,706 195,295 242,317 248,599 231,759 207,986 217,394 233,921 231,143 252,435 266,925 Net sales 売上高 [Millions of y en 百万円 ] 180,762 188,320 234,572 248,550 236,173 212,213 219,216 223,499 227,584 248,416 254,469 Gross profit 売上総利益 [Millions of y en 百万円 ] 67,754 72,769 84,779 89,946 86,654 76,419 79,713 80,840 77,871 86,549 89,883 Gross profit / Net sales 売上総利益率 [%] 37.5 38.6 36.1 36.2 36.7 36.0 36.4 36.2 34.2 34.8 35.3 Operating income 営業利益 [Millions of y en 百万円 ] 9,352 13,514 17,313 20,484 17,832 12,384 14,896 14,348 13,410 13,903 15,337 Operating income / Net sales 売上高営業利益率 [%] 5.2 7.2 7.4 8.2 7.6 5.8 6.8 6.4 5.9 5.6 6.0 Net income 当期純利益 [Millions of y en 百万円 ] 3,709 9,795 10,646 10,709 9,524 6,242 7,928 8,518 8,308 7,669 7,168 Net income / Net sales 売上高当期純利益率 [%] 2.1 5.2 4.5 4.3 4.0 2.9 3.6 3.8 3.7 3.1 2.8 3

BA事業Financial Results 経営成績 Orders Received by Segment 受注高 Sales Composition Ratio for FY2014 2014 年度売上高構成比率 BA 44.7% Sales by Segment, Segment Profit 売上高 セグメント利益 Building Automation Business [Billions of yen 十億円 ] [Billions of yen 十億円 ] [Billions of yen 十億円 ] 14 14 35.0 12 12 3 10 10 25.0 8 8 2 6 6 15.0 4 4 1 2 2 5.0 Orders received 受注高 [Millions of y en 百万円 ] 77,138 85,980 94,675 102,148 98,251 98,915 97,257 113,381 105,726 108,432 122,614 Sales 売上高 [Millions of y en 百万円 ] 82,598 82,168 88,977 100,517 100,367 96,671 102,124 103,895 107,426 109,566 114,521 Segment profit セグメント利益 [Millions of y en 百万円 ] 5,536 6,461 8,459 11,751 13,072 11,517 11,748 10,328 10,152 10,593 12,245 Segment profit / Sales 売上高セグメント利益率 [%] 6.7 7.9 9.5 11.7 13.0 11.9 11.5 9.9 9.5 9.7 10.7 (Note) ( 注記 ) e e * Each amounts include internal transactions between business segments. * 各セグメント別の金額にはセグメント間の内部取引が含まれております 4

AA事業Financial Results 経営成績 Orders Received 受注高 Sales Composition Ratio for FY2014 2014 年度売上高構成比率 Sales by Segment, Segment Profit 売上高 セグメント利益 AA 36.8% Advanced Automation Business [Billions of yen 十億円 ] [Billions of yen 十億円 ] [Billions of yen 十億円 ] 14 14 35.0 12 12 3 10 10 25.0 8 8 2 6 6 15.0 4 4 1 2 2 5.0 Orders received 受注高 [Millions of y en 百万円 ] 86,230 95,735 101,623 102,912 92,483 69,743 82,986 89,851 86,663 93,105 97,605 Sales 売上高 [Millions of y en 百万円 ] 84,316 92,986 99,749 105,445 93,630 76,938 80,975 88,873 87,676 90,826 94,362 Segment profit セグメント利益 [Millions of y en 百万円 ] 4,723 7,483 9,068 8,925 4,965 552 3,233 4,158 3,646 3,966 5,013 Segment profit / Sales 売上高セグメント利益率 [%] 5.6 8.0 9.1 8.5 5.3 0.7 4.0 4.7 4.2 4.4 5.3 (Note) * Each amounts include internal transactions between business segments. * From FY2012, some of the business(importing, buying-in and marketing of inspection and measurement equipment, etc.) previously categorized as Others has been transferred to the AA business segment. The figures for FY2011 have been reclassified to take account of the new segment divisions. ( 注記 ) * 各セグメント別の金額にはセグメント間の内部取引が含まれております * 2012 年度より 従来 その他 に含めていた事業の一部 ( 検査 測定機器の輸入 仕入販売 ) を AA 事業 へ区分変更いたしました 2011 年度の数値につきましては 変更後のセグメント区分に組替えて記載しております 5

LA事業Financial Results 経営成績 Orders Received 受注高 Sales Composition Ratio for FY2014 2014 年度売上高構成比率 Sales by Segment, Segment Profit 売上高 セグメント利益 LA 18.5% [Billions of yen 十億円 ] [Billions of yen 十億円 ] [Billions of yen 十億円 ] Life Automation Business 14 12 10 8 6 14 12 10 8 6 35.0 3 25.0 2 15.0 4 4 1 2 2 5.0 (20 0) (5 0) b, c b b f f g Orders received 受注高 [Millions of y en 百万円 ] 4,909 37,041 36,578 35,923 35,189 32,792 32,441 40,118 52,628 48,462 Sales 売上高 [Millions of y en 百万円 ] 4,554 36,804 36,456 35,922 34,721 32,620 32,543 33,994 49,597 47,331 Segment profit セグメント利益 [Millions of y en 百万円 ] (693) (523) (285) (160) 352 (227) (127) (399) (671) (1,937) Segment profit / Sales 売上高セグメント利益率 [%] (15.2) (1.4) (0.8) (0.4) 1.0 (0.7) (0.4) (1.2) (1.4) (4.1) (Note) ( 注記 ) * Each amounts include internal transactions between business segments. * 各セグメント別の金額にはセグメント間の内部取引が含まれております 6

海外Financial Results 経営成績 Overseas Sales / Net Sales 海外売上高比率 [Billions of yen 十億円 ] [%] 5 2 4 16.0 Overseas 3 2 12.0 8.0 1 4.0 Net sales 売上高 [Millions of y en 百万円 ] 180,762 188,320 234,572 248,550 236,173 212,213 219,216 223,499 227,584 248,416 254,469 Overseas sales / Net sales 海外売上高比率 [%] 8.9 10.1 18.6 18.4 Overseas sales 海外売上高 [Millions of y en 百万円 ] 19,837 22,955 46,135 46,756 Asia アジア [Millions of y en 百万円 ] 9,978 11,115 16,066 18,353 China 中国 [Millions of y en 百万円 ] 6,690 8,639 11,292 9,630 North America 北米 [Millions of y en 百万円 ] 1,721 1,589 3,444 4,194 Europe 欧州 [Millions of y en 百万円 ] 822 895 11,572 10,244 Others その他 [Millions of y en 百万円 ] 624 715 3,758 4,333 f (Note) * In fiscal year 2012, overseas sales exceeds 10% of net sales of consolidated statements of income. Consequently, it is disclosed. The data for fiscal year 2011, as comparative information, it is disclosed based on the same classification of fiscal year 2012. ( 注記 ) * 2012 年度より海外売上高が連結損益計算書の売上高の 10% を超えたため開示いたします なお 2011 年度につきましては 比較情報として同様の地域区分にて集計したものを表示しております 7

Financial Statement Related Ratio 財務諸表に関する指標 1 SG&A Expenses / Net Sales 売上高販売管理費率 2R&D Expenses / Net Sales 売上高研究開発費率 [Billions of yen 十億円 ] [%] [Billions of yen 十億円 ] [%] 8 4 8 6.0 6 3 6 4.5 4 2 4 3.0 2 1 2 1.5 1 SG&A Expenses / Net Sales 売上高販売管理費率 b f g SG&A expenses 販売管理費 [Millions of y en 百万円 ] 58,401 59,254 67,466 69,461 68,822 64,034 64,817 66,491 64,461 72,645 74,546 Net sales 売上高 [Millions of y en 百万円 ] 180,762 188,320 234,572 248,550 236,173 212,213 219,216 223,499 227,584 248,416 254,469 SG&A expenses / Net sales 売上高販売管理費率 [%] 32.3 31.5 28.8 27.9 29.1 30.2 29.6 29.8 28.3 29.2 29.3 2 R&D Expenses / Net Sales 売上高研究開発費率 b f g R&D expenses 研究開発費 [Millions of y en 百万円 ] 8,169 8,359 8,776 9,844 9,635 8,640 8,952 8,816 7,824 8,767 10,123 Net sales 売上高 [Millions of y en 百万円 ] 180,762 188,320 234,572 248,550 236,173 212,213 219,216 223,499 227,584 248,416 254,469 R&D expenses / Net sales 売上高研究開発費率 [%] 4.5 4.4 3.7 4.0 4.1 4.1 4.1 3.9 3.4 3.5 4.0 8

Financial Statement Related Ratio 財務諸表に関する指標 3 Return on Assets 総資産当期純利益率 (ROA) 4 Return on Equity 自己資本当期純利益率 (ROE) [%] [%] 1 1 8.0 8.0 6.0 6.0 4.0 4.0 2.0 2.0 3 Return on Assets 総資産当期純利益率 (ROA) a b f f g, h Total assets 総資産 [Millions of y en 百万円 ] 172,586 217,882 230,679 228,843 220,845 218,471 217,501 223,476 243,418 253,448 265,718 Net income 当期純利益 [Millions of y en 百万円 ] 3,709 9,795 10,646 10,709 9,524 6,242 7,928 8,518 8,308 7,669 7,168 Return on assets 総資産当期純利益率 (ROA) [%] 2.2 5.0 4.7 4.7 4.2 2.8 3.6 3.9 3.6 3.1 2.8 4 Return on Equity 自己資本当期純利益率 (ROE) a b f f g, h Shareholders' equity 自己資本 [Millions of y en 百万円 ] 99,847 110,858 117,879 120,366 123,554 127,668 129,604 133,564 139,041 143,316 158,273 Net income 当期純利益 [Millions of y en 百万円 ] 3,709 9,795 10,646 10,709 9,524 6,242 7,928 8,518 8,308 7,669 7,168 Return on equity 自己資本当期純利益率 (ROE) [%] 3.8 9.3 9.3 9.0 7.8 5.0 6.2 6.5 6.1 5.4 4.8 (Note) * Return on assets(roa) = Net income / Average total assets * Return on equity(roe) = Net income / Average shareholders equity ( 注記 ) * 総資産当期純利益率 (ROA)= 当期純利益 / 期中平均総資産 * 自己資本当期純利益率 (ROE)= 当期純利益 / 期中平均自己資本 9

Financial Statement Related Ratio 財務諸表に関する指標 5 Asset Turnover 総資産回転率 6 Inventory Turnover たな卸資産回転率 [Billions of yen 十億円 ] [Times 回 ] [Billions of yen 十億円 ] [Times 回 ] 30 1.5 30 15.0 20 1.0 20 1 10 0.5 10 5.0 5 Asset Turnover 総資産回転率 b b f f g Total assets 総資産 [Millions of y en 百万円 ] 172,586 217,882 230,679 228,843 220,845 218,471 217,501 223,476 243,418 253,448 265,718 Net sales 売上高 [Millions of y en 百万円 ] 180,762 188,320 234,572 248,550 236,173 212,213 219,216 223,499 227,584 248,416 254,469 Asset turnover 総資産回転率 [Times 回 ] 1.070 0.965 1.046 1.082 1.050 0.966 1.006 1.014 0.975 1.000 0.980 6 Inventory Turnover たな卸資産回転率 b b f f g Inventory たな卸資産 [Millions of y en 百万円 ] 16,454 21,248 24,702 23,431 21,238 16,434 13,785 16,134 16,502 18,193 21,682 Cost of sales 売上原価 [Millions of y en 百万円 ] 113,008 115,551 149,792 158,604 149,518 135,793 139,502 142,659 149,712 161,866 164,585 Inventory turnover たな卸資産回転率 [Times 回 ] 6.8 6.1 6.5 6.6 6.7 7.2 9.2 9.5 9.2 9.3 8.3 10

Financial Statement Related Ratio 財務諸表に関する指標 7 Tangible Fixed Assets Turnover 有形固定資産回転率 8 Capital Expenditures & Cash Flow 設備投資額 キャッシュ フロー [Billions of yen 十億円 ] [Times 回 ] [Billions of yen 十億円 ] 30 15.0 16.0 12.0 20 1 8.0 10 5.0 4.0 7 Tangible Fixed Assets Turnover 有形固定資産回転率 b b f f g Tangible fixed assets 有形固定資産 [Millions of y en 百万円 ] 15,074 31,023 30,677 29,345 29,836 27,448 25,711 24,146 24,677 24,501 25,698 Net sales 売上高 [Millions of y en 百万円 ] 180,762 188,320 234,572 248,550 236,173 212,213 219,216 223,499 227,584 248,416 254,469 Tangible fixed assets turnover 有形固定資産回転率 [Times 回 ] 11.8 8.2 7.6 8.3 8.0 7.4 8.2 9.0 9.3 10.1 10.1 8 Capital Expenditure & Cash Flow 設備投資額 キャッシュ フ ロー a b f g, h Capital expenditure 設備投資額 [Millions of y en 百万円 ] 2,460 6,790 5,272 4,488 6,413 2,704 3,350 3,009 3,120 5,302 6,301 Net income 当期純利益 [Millions of y en 百万円 ] 3,709 9,795 10,646 10,709 9,524 6,242 7,928 8,518 8,308 7,669 7,168 Depreciation and amortization 減価償却費 [Millions of y en 百万円 ] 2,291 2,351 3,890 4,387 4,503 4,751 4,460 4,026 3,620 3,722 3,784 Cash flow キャッシュ フロー [Millions of y en 百万円 ] 6,000 12,146 14,536 15,096 14,027 10,993 12,388 12,545 11,929 11,392 10,953 (Note) * Tangible fixed assets turnover = Net sales / Average tangible fixed assets * Cash flow = Net income + Depreciation and amortization ( 注記 ) * 有形固定資産回転率 = 売上高 / 期中平均有形固定資産 * キャッシュ フロー = 当期純利益 + 減価償却費 11

Financial Statement Related Ratio 財務諸表に関する指標 9 Current Ratio & Working Capital 流動比率 運転資本 10 Shareholders Equity / Total Assets 自己資本比率 [Billions of yen 十億円 ] [%] [%] 125.0 30 65.0 10 24 6 75.0 18 55.0 5 12 25.0 6 5 45.0 9 Current Ratio & Working Capital 流動比率 運転資本 b f g Current assets 流動資産 [Millions of y en 百万円 ] 132,372 145,965 159,720 169,582 160,956 160,245 164,385 172,986 181,714 189,377 197,995 Current liabilities 流動負債 [Millions of y en 百万円 ] 58,078 79,902 86,967 87,063 78,739 73,954 65,493 69,290 82,828 87,356 89,694 Current ratio 流動比率 [%] 227.9 182.7 183.7 194.8 204.4 216.7 251.0 249.7 219.4 216.8 220.7 Working capital 運転資本 [Millions of y en 百万円 ] 74,294 66,062 72,753 82,518 82,216 86,291 98,892 103,696 98,885 102,021 108,301 10 Shareholders Equity / Total Assets 自己資本比率 b f g Interest-bearing debt 有利子負債 [Millions of y en 百万円 ] 5,830 21,870 20,850 18,969 16,913 15,189 11,847 10,229 17,919 17,686 16,673 Debt-equity ratio デットエクイティレシオ [Times 倍 ] 6 0.20 0.18 0.16 0.14 0.12 9 8 0.13 0.12 0.11 Shareholders' equity 自己資本 [Millions of y en 百万円 ] 99,847 110,858 117,879 120,366 123,554 127,668 129,604 133,564 139,041 143,316 158,273 Total assets 総資産 [Millions of y en 百万円 ] 172,586 217,882 230,679 228,843 220,845 218,471 217,501 223,476 243,418 253,448 265,718 Shareholders equity / Total assets 自己資本比率 [%] 57.9 50.9 51.1 52.6 55.9 58.4 59.6 59.8 57.1 56.5 59.6 (Note) * Working capital = Current Assets Current Liabilities ( 注記 ) * 運転資本 = 流動資産 - 流動負債 12

Financial Statement Related Ratio 財務諸表に関する指標 11 Aggregate Market Value & Price Book-Value Ratio 時価総額 株価純資産倍率 (PBR) 12 Cash Flow per Share 1 株当たりキャッシュ フロー [Billions of yen 十億円 ] [Times 倍 ] [Yen 円 ] 25 2.50 250 20 2.00 200 15 1.50 150 10 1.00 100 5 0.50 50 0 0 b 11 Aggregate Market Value & Price Book-Value Ratio 時価総額 株価純資産倍率 (PBR) f g Shareholders' equity 自己資本 [Millions of y en 百万円 ] 99,847 110,858 117,879 120,366 123,554 127,668 129,604 133,564 139,041 143,316 158,273 Aggregate market value 時価総額 [Millions of y en 百万円 ] 96,384 204,174 200,863 205,645 126,871 164,203 153,086 137,462 148,579 191,395 244,878 Number of shares 株数 [Shares 株 ] 73,569,151 73,568,535 73,567,793 73,317,321 73,855,980 73,855,322 73,854,684 73,854,621 73,853,978 73,852,907 73,852,177 Shareholders' equity per share 1 株当たり純資産 [Yen 円 ] 1,356.65 1,506.25 1,602.33 1,641.73 1,672.91 1,728.64 1,754.86 1,808.48 1,882.66 1,940.56 2,143.11 Stock price at the end of the period 期末株価 [Yen 円 ] 1,310 2,775 2,730 2,795 1,689 2,186 2,038 1,830 1,978 2,548 3,260 Price book-value ratio 株価純資産倍率 (PBR) [Times 倍 ] 0.96 1.84 1.70 1.70 1.00 1.26 1.16 1.01 1.05 1.31 1.52 12 Cash Flow per Share 1 株当たりキャッシュ フロー b f g Cash flow キャッシュ フロー [Millions of y en 百万円 ] 6,000 12,146 14,536 15,096 14,027 10,993 12,388 12,545 11,929 11,392 10,953 Average number of shares 期中平均株式数 [Shares 株 ] 73,569,523 73,568,744 73,568,242 73,538,092 74,486,587 73,855,681 73,854,991 73,854,722 73,854,399 73,853,357 73,852,582 Cash flow per share 1 株当たりキャッシュ フロー [Yen 円 ] 81.56 165.11 197.59 205.29 188.33 148.85 167.74 169.87 161.53 154.26 148.32 (Note) * Cash flow = Net income + Depreciation and amortization ( 注記 ) * キャッシュ フロー = 当期純利益 + 減価償却費 13

Financial Statement 財務諸表 Consolidated Statements of income & Consolidated Statements of Comprehensive Income 連結損益計算書及び連結包括利益計算書[Millions of yen 百万円 ] a b f g, h Net sales 売上高 180,762 188,320 234,572 248,550 236,173 212,213 219,216 223,499 227,584 248,416 254,469 Cost of sales 売上原価 113,008 115,551 149,792 158,604 149,518 135,793 139,502 142,659 149,712 161,866 164,585 Gross profit 売上総利益 67,754 72,769 84,779 89,946 86,654 76,419 79,713 80,840 77,871 86,549 89,883 Selling, general and administrative expenses 販売費及び一般管理費 58,401 59,254 67,466 69,461 68,822 64,034 64,817 66,491 64,461 72,645 74,546 Operating income 営業利益 9,352 13,514 17,313 20,484 17,832 12,384 14,896 14,348 13,410 13,903 15,337 Non-operating income 営業外収益 : 475 623 1,109 927 960 1,058 990 804 1,723 1,314 2,673 Interest income 受取利息 19 37 121 239 250 121 106 109 128 170 131 Dividend income 受取配当金 159 210 287 326 322 296 469 276 285 299 341 Foreign exchange gains 為替差益 85 223 132 - - - - - 954 517 1,770 Other その他 211 152 567 361 387 639 414 418 355 326 430 Non-operating expences 営業外費用 : 332 199 565 1,007 1,623 796 995 556 565 617 869 Interest expenses 支払利息 121 98 209 278 250 205 158 106 108 393 461 Foreign exchange losses 為替差損 - - - 279 643 34 472 38 - - - Other その他 211 101 356 449 729 557 363 411 457 224 407 Ordinary income 経常利益 9,495 13,938 17,857 20,404 17,169 12,646 14,891 14,596 14,569 14,599 17,141 Extraordinary income 特別利益 : 105 3,262 629 3,110 235 2 248 771 636 559 2,036 Gain on sales of non-current assets 固定資産売却益 99 2,715 384 2,832 223 2 34 69 636 9 244 Gain on sales of investment securities 投資有価証券売却益 5 546 76 277 - - 194 2 0 43 53 Gain on sales of shares of subsidiries and associates 関係会社株式売却益 - - - - 12 - - - - - 1,606 Compensation income 受取補償金 - - - - - - - 317-506 131 Other その他 - - 169 - - - 19 381 - - - Extraordinary losses 特別損失 : 3,832 1,550 631 3,973 978 1,527 1,414 560 1,113 609 7,565 Loss on sales and retirement of non-current assets 固定資産売却 除却損 356 392 208 280 247 153 92 56 49 63 149 Impairment loss 減損損失 - 330-3,107 161 837 244 177 94 35 2,669 Loss on valuation of investment securities 投資有価証券評価損 4 19 2 66 173 400 70 27 10 133 70 Loss on sales of investment securities 投資有価証券売却損 - - 1 1-0 18 0 0 19 0 Loss on abolishment of retirement benefit plan 退職給付制度終了損 - - - - - - - - - - 2,885 Loss on reversal of foreign currency translation 在外子会社清算に伴う為替換算調整勘定取崩損 adjustment due to liquidation of a foreign subsidiry - - - - - - - - - - 899 Restructuring loss 事業再編損 - - - - - - - - - 358 449 Lump-sum withdrawal from employees' pension funds 厚生年金基金脱退一時金 - - - - - - - - 800 - - Loss on desaster 災害による損失 - - - - - - 150 213 - - - Environmental expenses 環境対策費 - - - - - - 571 84 159 - - Factory relocation expenses 工場等移転費用 - - 418 167 - - - - - - - Headquarter office, factory relocation expenses 本社移転 工場整備費用 - 734 - - - - - - - - - Loss on changes to the employees' pension plan 適格退職年金制度終了損 3,452 - - - - - - - - - - Other その他 18 74-350 396 135 265 - - - 441 Income before income taxes and minority interests 税金等調整前当期純利益 5,768 15,650 17,855 19,540 16,426 11,121 13,726 14,807 14,092 14,549 11,612 Income taxes 法人税等 : 1,955 5,705 6,997 8,517 6,663 4,678 5,517 5,983 5,557 6,900 4,193 Current 法人税 住民税及び事業税 2,945 4,735 5,970 7,360 6,216 4,342 6,076 5,600 5,616 6,663 4,425 Deferred 法人税等調整額 (989) 969 1,027 1,157 446 335 (559) 382 (58) 237 (232) Income before minority interests 少数株主損益調整前当期純利益 - - - - - - 8,208 8,823 8,534 7,648 7,419 Minority interests in income (loss) 少数株主利益 103 149 211 313 238 200 280 305 225 (21) 250 Net income 当期純利益 3,709 9,795 10,646 10,709 9,524 6,242 7,928 8,518 8,308 7,669 7,168 Comprehensive income 包括利益 - - - - - - 6,761 8,908 10,540 10,892 15,193 [Yen 円 ] Per share 1 株当たり情報 : Net income 1 株当たり当期純利益 49.88 132.52 144.71 145.63 127.87 84.52 107.35 115.35 112.50 103.85 97.07 Cash dividends 1 株当たり配当金 23.00 50 50 60 62.00 62.00 63.00 63.00 63.00 63.00 63.00 14

Financial Statement 財務諸表 [Millions of yen 百万円 ] b b f g Assets 資産の部 Consolidated Balance Sheets 連結貸借対照表Current assets 流動資産 132,372 145,965 159,720 169,582 160,956 160,245 164,385 172,986 181,714 189,377 197,995 Cash and deposits 現金及び預金 38,319 28,380 24,075 32,347 37,866 45,067 48,566 45,061 48,411 52,402 58,837 Notes and accounts receivable - trade 受取手形及び売掛金 66,576 79,508 89,183 85,526 74,842 74,651 76,049 85,546 88,874 88,227 88,960 Securities 有価証券 - 2,499 5,992 13,390 14,592 11,895 12,900 12,400 13,251 14,937 13,605 Inventories たな卸資産 16,454 21,248 24,702 23,431 21,238 16,434 13,785 16,134 16,502 18,193 21,682 Deferred taxes assets 繰延税金資産 5,327 5,155 5,716 5,692 5,231 4,855 5,486 5,224 5,530 5,403 5,387 Other その他 6,092 9,603 10,405 9,589 7,486 7,655 7,955 8,914 9,505 10,706 10,087 Allowance for doubtful accounts 貸倒引当金 (398) (429) (356) (394) (301) (313) (357) (295) (362) (494) (565) Non-current assets 固定資産 40,213 71,916 70,958 59,261 59,889 58,226 53,115 50,489 61,704 64,070 67,722 Property, plant and equipment 有形固定資産 : 15,074 31,023 30,677 29,345 29,836 27,448 25,711 24,146 24,677 24,501 25,698 Buildings and structures 建物及び構築物 18,521 34,118 37,536 36,854 37,549 38,105 38,092 38,072 39,350 40,831 42,254 Machinery, equipment and vehicles 機械装置及び運搬具 10,083 20,172 17,291 17,304 16,466 17,075 17,197 17,437 18,578 19,712 20,263 Tools, furniture and fixtures 工具 器具及び備品 16,332 19,146 19,407 19,487 19,164 19,047 19,042 18,809 21,141 20,226 20,231 Land 土地 4,494 8,132 6,548 6,473 6,476 6,439 6,334 6,292 6,699 6,623 6,617 Lease assets リース資産 - - - - 182 264 338 343 397 293 278 Construction in progress 建設仮勘定 265 3,570 386 880 1,500 102 350 151 187 167 249 Accumulated depreciation 減価償却累計額 (34,623) (54,117) (50,493) (51,655) (51,502) (53,585) (55,644) (56,961) (61,678) (63,354) (64,196) Intangible assets 無形固定資産 : 1,498 6,982 6,174 4,852 8,267 7,134 5,787 4,405 12,625 12,950 11,524 Right of using facilities 施設利用権 202 328 201 197 149 147 145 143 144 144 144 Software ソフトウエア 663 1,187 1,364 1,001 952 856 866 721 740 787 789 Goodwill のれん - 4,963 4,233 3,023 6,367 5,369 3,878 2,604 9,662 8,083 5,601 Other その他 631 503 374 629 798 760 896 935 2,078 3,934 4,989 Investments and other assets 投資その他の資産 : 23,640 33,910 34,106 25,063 21,785 23,642 21,616 21,937 24,401 26,618 30,499 Investment securities 投資有価証券 14,474 23,575 24,368 16,597 11,706 15,213 12,528 12,872 15,304 16,841 22,551 Deferred tax assets 繰延税金資産 4,161 964 244 658 2,533 1,110 1,585 1,638 1,801 2,101 874 Other その他 5,004 9,371 9,494 7,807 7,544 7,319 7,503 7,427 7,296 7,675 7,073 Total assets 資産合計 172,586 217,882 230,679 228,843 220,845 218,471 217,501 223,476 243,418 253,448 265,718 15

Financial Statement 財務諸表 [Million Yen 百万円 ] b d f g Liabilities and Net assets 負債 純資産の部 Consolidated Balance Sheets 連結貸借対照表Current liabilities 流動負債 58,078 79,902 86,967 87,063 78,739 73,954 65,493 69,290 82,828 87,356 89,694 Notes and accounts payable - trade 支払手形及び買掛金 30,594 38,688 42,200 42,130 35,977 34,984 33,946 37,185 40,548 41,456 42,687 Short-term loans payable 短期借入金 4,240 13,956 14,017 14,332 14,473 14,391 5,625 5,543 13,308 15,380 15,776 Current portion of bonds 1 年内償還予定の社債 - - 260 110 200 50 60-80 50 30 Income taxe payable 未払法人税等 3,388 4,526 4,938 5,763 4,878 3,641 5,809 5,104 5,625 6,247 3,829 Advances received 前受金 3,444 2,405 3,382 2,826 3,759 3,245 1,760 1,744 3,094 2,842 2,582 Provision for bonuses 賞与引当金 7,709 8,011 8,754 8,950 8,294 7,823 8,016 8,097 7,838 8,600 8,759 Other その他 8,700 12,312 13,413 12,949 11,156 9,818 10,274 11,614 12,333 12,779 16,028 Non-current liabilities 固定負債 14,149 26,438 24,744 20,059 17,122 15,239 20,646 19,109 19,393 21,112 15,729 Bonds payable 社債 - - 420 310 110 60 - - 90 40 10 Long-term loans payable 長期借入金 1,589 7,913 6,152 4,217 2,129 688 6,161 4,686 4,441 2,215 856 Deferred tax liabilities 繰延税金負債 - 1,319 1,954 1,072 993 1,069 963 872 946 1,025 4,725 Liabilities for retirement benefits 退職給付引当金 11,493 16,269 15,874 13,994 13,242 12,921 12,354 12,392 12,719 - - Net defined benefit liability 退職給付に係る負債 - - - - - - - - - 16,636 8,164 Provision for directors' retirement benefits 役員退職慰労引当金 457 141 173 186 183 194 227 189 105 111 125 Other その他 609 794 169 278 463 305 939 968 1,089 1,083 1,847 Total liabilities 負債合計 72,227 106,341 111,712 107,122 95,862 89,193 86,139 88,399 102,221 108,469 105,424 Minority interests 少数株主持分 510 682 - - - - - - - - - Equity 資本 99,847 110,858 - - - - - - - - - Common stock 資本金 10,522 10,522 - - - - - - - - - Capital surplus 資本剰余金 12,647 12,647 - - - - - - - - - Retained earnings 利益剰余金 73,130 80,471 - - - - - - - - - Unrealized gain on available-for-sale securities その他有価証券評価差額金 3,638 7,164 - - - - - - - - - Foreign currency translation adjustments 為替換算調整勘定 (84) 59 - - - - - - - - - Treasury stock 自己株式 (6) (8) - - - - - - - - - Total liabilities, minority interests and shareholders' equity 負債 少数株主持分及び資本合計 172,586 217,882 - - - - - - - - - Shareholders' equity 株主資本 - - 110,185 116,190 123,771 125,441 128,754 132,615 136,217 139,349 146,645 Capital stock 資本金 - - 10,522 10,522 10,522 10,522 10,522 10,522 10,522 10,522 10,522 Capital surplus 資本剰余金 - - 12,647 12,647 17,197 17,197 17,197 17,197 17,197 17,197 17,197 Retained earnings 利益剰余金 - - 87,025 93,688 98,691 100,362 103,677 107,538 111,141 114,275 121,573 Treasury shares 自己株式 - - (10) (667) (2,640) (2,641) (2,643) (2,643) (2,644) (2,646) (2,648) Accumulated other comprehensive income その他の包括利益累計額 - - 7,694 4,175 (217) 2,227 849 948 2,824 3,966 11,628 Valuation difference on available-for-sale securities その他有価証券評価差額金 - - 7,477 3,857 873 3,148 2,119 2,451 3,776 4,978 9,524 Deferred gains or losses on hedges 繰越ヘッジ損益 - - (1) 0-1 (0) (0) 0 0 - Foreign currency translation adjustment 為替換算調整勘定 - - 218 317 (1,090) (923) (1,269) (1,501) (952) 824 2,505 Remeasurements of defined benefit plans 退職給付に係る調整累計額 - - - - - - - - - (1,836) (402) Subscription rights to shares 新株予約権 - - - - - 1 2 2 2 2 - Minority interests 少数株主持分 - - 1,086 1,354 1,429 1,607 1,754 1,509 2,152 1,660 2,020 Total net assets 純資産合計 - - 118,966 121,721 124,983 129,277 131,361 135,076 141,197 144,978 160,294 Total liabilities and total net assets 負債純資産合計 - - 230,679 228,843 220,845 218,471 217,501 223,476 243,418 253,448 265,718 16 ( 参考 ) Shareholders' equity 自己資本 99,847 110,858 117,879 120,366 123,554 127,668 129,604 133,564 139,041 143,316 158,273

財務諸表 Consolidated Statements of Cash Flows 連結キャッシュ フロー計算[Million Yen 百万円 ] b f g Cash flows from operating activities 営業活動によるキャッシュ フロー 8,502 6,386 7,523 21,086 21,371 15,713 15,223 5,633 15,010 15,835 13,698 Income before income taxes and minority interests 税金等調整前当期純利益 5,768 15,650 17,855 19,540 16,426 11,121 13,726 14,807 14,092 14,549 11,612 Depreciation 減価償却費 2,291 2,351 3,890 4,387 4,503 4,751 4,460 4,026 3,620 3,722 3,784 Amortization of goodwill のれん償却額 - - 689 650 1,253 1,491 1,328 1,274 1,359 1,871 1,850 Gain on negative goodwill 負ののれん発生益 - - - - - - - (197) - - - Increase (decrease) in allowance for doubtful accounts 貸倒引当金の増加 ( 減少 ) 額 142 198 (199) 203 104 (133) 8 (30) (98) 188 51 Increase (decrease) in liabilities for retirement benefits 退職給付引当金の増加 ( 減少 ) 額 (2,814) 283 (652) (1,879) (752) (324) (565) 40 (53) - - Increase (decrease) in net defined benefit liability 退職給付に係る負債の増加 ( 減少 ) 額 - - - - - - - - - 1,312 (1,724) Increase (decrease) in liabilities for retirement benefits 役員退職慰労引当金の増加 ( 減少 ) 額 for directors and corporate auditors (8) 16 (28) 12 - - - - - - - Increase (decrease) in provision for bonuses 賞与引当金の増加 ( 減少 ) 額 1,894 46 563 196 (655) (474) 195 85 (324) 732 196 Increase (decrease) in provision for directors' bonuses 役員賞与引当金の増加 ( 減少 ) 額 - - 88 (8) (13) 18 17 12 (26) 13 7 Increase (decrease) in provision for loss on lotigation 訴訟損失引当金の増加 ( 減少 ) 額 - - - - - - - - - - 441 Interest and dividend income 受取利息及び受取配当金 (179) (247) (409) (565) (572) (418) (576) (386) (414) (470) (472) Interest expenses 支払利息 121 98 209 278 250 205 158 106 108 393 461 Foreign exchange losses (gains) - net 為替差損 ( 益 ) (2) 0 (36) 32 1 69 327 12 (763) (596) (1,334) Gain on sales of property, plant and equipment 有形固定資産売却益 (99) (2,715) (383) (2,832) - - - - - - - Loss on sales or disposal of property, plant and equipment 有形固定資産売却 除却損 356 392 205 250 - - - - - - - Loss (gain) on sales and retirement of property, plant and equipment 有形固定資産除売却損 ( 益 ) - - - - 17 147 56 (15) (403) 53 (95) Gain on sales of investment securities 投資有価証券売却益 (5) (546) (76) (277) - - - - - - - Loss on sales of investment securities 投資有価証券売却損 - - 1 1 - - - - - - - Loss on impairment of investment securities 投資有価証券評価損 4 19 2 66 - - - - - - - Loss (gain) on sales and valuation of investment securities 投資有価証券売却及び評価損 ( 益 ) - - - - 161 400 (105) 26 9 109 17 Loss on impairment of golf-club memberships ゴルフ会員権評価損 7 - - 2 - - - - - - - Impairment loss 減損損失 - 330-3,107 161 837 244 177 94 35 2,669 Loss on abolishment of retirement benefit plan 退職給付制度終了損 - - - - - - - - - - 2,885 Loss on reversal of foreign currency translation adjustment due to 在外子会社清算に伴う為替換算調整勘定取崩損 liquidation of a foreign subsidiary - - - - - - - - - - 899 Lump-sum withdrawal from emploees' pension funds 厚生年金基金脱退一時金 - - - - - - - - 800 - - Environmental expenses 環境対策費 - - - - - - 571 84 159 - - Loss on adjustment for changes of accounting standard 資産除去債務会計基準の適用に伴う影響額 for asset retirement obligations - - - - - - 265 - - - - Compensation income 受取補償金 - - - - - - - (317) - (506) (131) Loss on disaster 災害損失 - - - - - - 150 213 - - - Loss on business restructuring 事業再編損 - - - - - - - - - 358 449 Loss (gain) on transfer of business 事業譲渡損益 - - - - - - - (184) - - - Loss (gain) on sales of shares of subsidiaries and associates 関係会社株式売却損益 - - - - - - - - - - (1,606) Bonuses to directors 取締役賞与 (39) (40) (46) - - - - - - - - Decrease (increase) in notes and accounts receivable - trade 売上債権の ( 増加 ) 減少額 (3,263) (6,970) (9,414) 3,730 10,705 273 (1,610) (9,574) 2,596 2,630 (351) Decrease (increase) in inventories たな卸資産の ( 増加 ) 減少額 206 (676) (3,120) 1,241 2,192 4,924 2,500 (2,415) 1,981 (846) (2,977) Increase (decrease) in notes and accounts payable - trade 仕入債務の増加 ( 減少 ) 額 1,727 3,091 2,244 (74) (6,116) (1,081) (906) 3,334 (1,039) (340) 456 Decrease (increase) of other assets その他の資産の ( 増加 ) 減少額 (410) (140) (371) 79 475 222 (287) (291) (851) (1,090) 438 Increase (decrease) of other liabilities その他の負債の増加 ( 減少 ) 額 1,441 (1,359) 1,922 (669) (103) (1,064) (1,233) 1,031 (157) (765) 3,228 Interest and dividend income received 利息及び配当金の受取額 179 247 396 566 564 433 577 380 415 468 464 Payment for interest expenses 利息の支払額 (143) (97) (213) (279) (247) (225) (161) (106) (101) (390) (461) Payments for lump-sum withdrawal from emploees' pension funds 厚生年金基金脱退一時金の支払額 - - - - - - - - (800) - - Payments for loss on disaster 災害損失の支払額 - - - - - - (55) (207) (48) - - Proceeds from compensation 補償金の受取額 - - - - - - - 49 268 506 131 Payments for business restructuring 事業再編による支出 - - - - - - - - - (158) (342) Income taxes - refunded 法人税等の還付額 2,079 7 27 51 - - - - - - - Income taxes paid 法人税等の支払額 (751) (3,553) (5,623) (6,726) (6,985) (5,459) (3,865) (6,302) (5,413) (5,946) (6,851) 書Financial Statement 17

連結キャッシロー計算書Financial Statement 財務諸表 Consolidated Statements of Cash Flows [Million Yen 百万円 ] b b f g Cash flows from investing activities 投資活動によるキャッシュ フロー (3,706) (7,404) (2,475) (611) (16,606) 1,960 (2,275) (3,549) (12,716) (10,669) (13,472) Payments into time deposits 定期預金の預入による支出 (77) (35) (216) (992) (2,022) (1,312) (2,990) (2,760) (3,570) (2,856) (11,519) Proceeds from withdrawal of time deposits 定期預金の払戻による収入 104 66 24 317 1,781 1,198 2,835 2,223 3,722 4,198 6,170 Purchase of deposit with the restriction 拘束力のある普通預金の預入による支出 (731) (37) (229) - - - - - - - - Proceeds of deposit with the restriction 拘束力のある普通預金の払戻による収入 732-201 - - - - - - - - Purchase of securities 有価証券の取得による支出 - (5,999) - (2,943) (15,056) (8,348) - - (3,000) (16,700) (33,500) Proceeds from sales of securities 有価証券の売却による収入 - 5,999 0 3,066 9,357 14,953 - - 31 9,845 30,000 Purchase of trust beneficiary right 信託受益権の取得による支出 (2,589) (4,019) (3,198) - (4,806) (11,884) (14,081) (14,444) (13,402) (13,301) (13,971) Proceeds from sales of trust beneficiary right 信託受益権の売却による収入 999 4,543 3,236-821 11,310 13,793 14,468 13,889 12,998 14,026 Purchase of property, plant and equipment 有形固定資産の取得による支出 (1,876) (3,763) (5,334) (4,506) (6,477) (2,902) (2,531) (2,377) (2,512) (2,650) (4,463) Proceeds from sale of property, plant and equipment 有形固定資産の売却による収入 209 2,844 1,997 3,244 746 38 175 150 589 253 561 Purchase of intangible assets 無形固定資産の取得による支出 - - (369) (502) (521) (293) (675) (339) (782) (2,091) (1,590) Proceeds from sale of intangible assets 無形固定資産の売却による収入 - - - - - - - - 329 18 17 Purchase of investment securities 投資有価証券の取得による支出 (106) (117) (267) (51) (231) (31) (83) (346) (34) (26) (76) Proceeds from sale of investment securities 投資有価証券の売却による収入 21 592 224 366 95 6 1,262 5 3 249 137 Redemption of investment securities 投資有価証券の償還による収入 100 137 100 1,550 - - - - - - - Purchase of stocks of newly consolidated subsidiaries 連結の範囲の変更に伴う子会社株式取得による支出 - (7,192) 1,307 - - (743) - - (7,574) - - Proceeds from shares of subsidiaries resulting 連結の範囲の変更に伴う子会社株式売却による収入 in charge in scope of consolidation - - - - - - - - - - 2,373 Purchase of shares of subsidiaries and affiliates 関係会社株式の取得による支出 (11) - - - - (67) - (273) (456) (40) (15) Purchase of investments in capital of subsidiaries 子会社出資金の取得による支出 - - - - (95) - - - - - (1,637) Other - net その他 (480) (421) 49 (159) (199) 36 19 146 51 (566) 15 Free cash flow フリー キャッシュ フロー (FCF) 4,795 (1,017) 5,048 20,474 4,765 17,673 12,947 2,084 2,293 5,165 225 ュ フCash flows from financing activities 財務活動によるキャッシュ フロー (2,921) (3,328) (6,347) (6,432) (8,574) (6,757) (8,001) (6,393) (2,486) (6,939) (6,065) Increase in short-term loans payable 短期借入による収入 3,070 3,487 2,429 1,788 1,547 717 1,156 1,030 5,747 4,307 5,393 Decrease in short-term loans payable 短期借入金の返済による支出 (1,814) (3,458) (2,382) (1,453) (1,687) (422) (9,565) (1,016) (1,851) (3,518) (4,806) Proceeds from long-term loans payable 長期借入による収入 800 100-100 200 513 7,050-140 87 380 Repayment of long-term loans payable 長期借入金の返済による支出 (3,676) (1,015) (2,276) (1,897) (1,937) (2,658) (1,843) (1,529) (1,582) (2,421) (2,064) Redemption of bonds 社債の償還による支出 - - (55) (260) (110) (200) (50) (60) (45) (80) (50) Cash dividends paid 配当金の支払額 (1,324) (2,427) (4,044) (4,043) (4,516) (4,578) (4,613) (4,647) (4,649) (4,651) (4,650) Repayments of lease obligations リース債務の返済による支出 - - - - (40) (72) (73) (72) (83) (64) (50) Cash dividends paid for minority shareholders 少数株主への配当金の支払額 (9) (13) (15) (10) (58) (55) (61) (98) (160) (596) (214) Receipt from minority shareholders in consolidated subsidiary company 少数株主からの払込による収入 33 - - - - - - - - - - Purchase of treasury shares 自己株式の取得による支出 0 (1) (2) (657) (1,988) (1) (1) (0) (1) (2) (2) Proceeds from sales of treasury shares 自己株式の売却による収入 - - - - 16 0 0 0 0 0 0 Effect of exchange rate on cash and cash equivalents 現金及び現金同等物に係る換算差額 - 208 186 23 (1,126) 67 (466) (179) 837 1,532 1,431 Net increase (decrease) in cash and cash equivalents 現金及び現金同等物の増加 ( 減少 ) 額 1,848 (4,137) (1,112) 14,065 (4,935) 10,984 4,480 (4,487) 644 (241) (4,407) Cash and cash equivalents at beginning of period 現金及び現金同等物の期首残高 38,401 40,249 36,303 35,190 49,256 44,321 55,363 59,843 55,355 56,050 55,844 Increased in cash and cash equivalents from newly consolidated subsidiary 新規連結に伴う現金及び現金同等物の期首増加額 - 190 - - - 58 - - 49 36 483 Cash and cash equivalents at end of period 現金及び現金同等物の期末残高 40,249 36,303 35,190 49,256 44,321 55,363 59,843 55,355 56,050 55,844 51,920 18

Basic Information 基本情報 Common Stock Price Range(1st Section of Tokyo Stock Exchange) 株価推移 ( 東京証券取引所第 1 部 ) [Index] 400 [1,000 Shares 1,000 株 ] 40,000 300 Volume 出来高 azbil アズビル Nikkei 225 Index 日経平均 30,000 200 20,000 100 10,000 0 2004/3 2005/3 2006/3 2007/3 2008/3 2009/3 2010/3 2011/3 2012/3 2013/3 2014/3 2015/3 0 (Note) * Share Index (2003/3E) ( 注記 ) * アズビル及び日経平均 : 2004 年 3 月末の株価を基準 (100) とした値 Stock price at the end of the period 期末株価 [Yen 円 ] 1,310 2,775 2,730 2,795 1,689 2,186 2,038 1,830 1,978 2,548 3,260 High 最高値 [Yen 円 ] 1,340 2,920 3,050 3,960 3,070 2,241 2,370 2,066 2,046 2,561 3,355 Low 最安値 [Yen 円 ] 922 1,282 2,320 2,300 1,431 1,594 1,634 1,539 1,490 1,870 2,300 19

Basic Information 基本情報 Dividends & Dividend Payout Ratio 配当金 配当性向 [yen 円 ] 80 [%] 8 Dividends Yield 配当利回り [%] 4.0 60 6 3.0 40 4 2.0 20 2 1.0 0 Dividends & Dividend Payout Ratio 配当金 配当性向 Dividends 配当金 [Yen 円 ] 23.00 50 50 60 62.00 62.00 63.00 63.00 63.00 63.00 63.00 Net Income per Share 1 株当たり当期純利益 [Yen 円 ] 49.88 132.52 144.71 145.63 127.87 84.52 107.35 115.35 112.50 103.85 97.07 Net Assets per Share 1 株当たり純資産 [Yen 円 ] 1,356.65 1,506.25 1,602.33 1,641.73 1,672.91 1,728.64 1,754.86 1,808.48 1,882.66 1,940.56 2,143.11 Dividend Payout Ratio 配当性向 [%] 45.6 37.6 34.6 41.2 48.5 73.4 58.7 54.6 56.0 60.7 64.9 Dividend on Equity 純資産配当率 [%] 1.7 3.5 3.2 3.7 3.7 3.6 3.6 3.5 3.4 3.3 3.1 Dividend Yield 配当利回り Dividends 配当金 [Yen 円 ] 23.00 50 50 60 62.00 62.00 63.00 63.00 63.00 63.00 63.00 Stock price at the end of the period 期末株価 [Yen 円 ] 1,310 2,775 2,730 2,795 1,689 2,186 2,038 1,830 1,978 2,548 3,260 Dividends Yield 配当利回り [%] 1.8 1.8 1.8 2.1 3.7 2.8 3.1 3.4 3.2 2.5 1.9 20

Basic Information 基本情報 Number of Employees 従業員数 [Persons 人 ] 10,000 8,000 6,000 4,000 2,000 0 Number of Employees 従業員数 b, c f g Number of Employees 従業員数 [Persons 人 ] 6,977 8,382 8,192 8,315 8,377 8,220 8,215 8,331 9,585 9,712 9,408 Building Automation Business BA 事業 [Persons 人 ] 2,450 2,477 2,473 2,522 2,654 2,866 2,840 2,852 3,025 2,930 3,022 Advanced Automation Business AA 事業 [Persons 人 ] 3,706 3,502 3,620 3,724 3,649 3,354 3,368 3,414 3,508 3,495 3,573 Life Automation Business LA 事業 [Persons 人 ] - 1,610 1,367 1,278 1,251 1,185 1,194 1,200 2,212 2,329 1,833 Other Business その他 [Persons 人 ] 297 92 86 84 85 62 38 3 3 3 3 Coporate Staff 全社 ( 共通 ) [Persons 人 ] 524 701 646 707 738 753 775 862 837 955 977 (Note) * From FY2012, some of the business(importing, buying-in and marketing of inspection and measurement equipment, etc.) previously categorized as Others has been transferred to the AA business segment. The figures for FY2011 have been reclassified to take account of the new segment divisions. ( 注記 ) * 2012 年度より 従来 その他 に含めていた事業の一部 ( 検査 測定機器の輸入 仕入販売 ) を AA 事業 へ区分変更いたしました 2011 年度の数値につきましては 変更後のセグメント区分に組替えて記載しております 21

会社概要Basic Information 基本情報 * As of March 31, 2015 * 2015 年 3 月 31 日現在 Company Name Azbil Corporation 社名アズビル株式会社 Head Office Tokyo Building 本社 100-6419 2-7-3 Marunouchi, Chiyoda-ku, Tokyo 東京都千代田区丸の内 2-7-3 100-6419, Japan 東京ビル Founded December 1, 1906 創業 1906 年 12 月 1 日 Incorporated August 22, 1949 設立 1949 年 8 月 22 日 Corporate Data Paid-in Capital 10,522 million yen 資本金 10,522 百万円 Subsidiaries and Affiliates Japan: 17, Overseas: 56 グループ会社日本 : 17 社 海外 : 56 社 Number of Employees 9,408 従業員数 9,408 人 Common Stock Authorized : 279,710,000 shares 普通株式発行可能株式総数 : 279,710,000 株 Issued : 75,116,101 shares 発行済株式数 : 75,116,101 株 Number of shareholders : 8,750 株主数 : 8,750 名 Stock Listings 1st Section of 上場証券取引所 東京証券取引所 Tokyo Stock Exchange 第 1 部 Investor Relations Group Management Headquarters MAIL: azbil-ir@azbil.com URL: http://www.azbil.com/ グループ経営管理本部 IR 室 MAIL: azbil-ir@azbil.com URL: http://www.azbil.com/jp/ 22 HT12505102