F i v e - Ye a r C o n s o l i d a t e d F i n a n c i a l S u m m a r y
IBIDEN CO., LTD. and Consolidated Subsidiaries
For the years ended March 31, 2009, 2008, 2007, 2006, and 2005
Thousands of
U.S. dollars (Note)
Millions of yen
For
the year:
2009
2008
2007
2006
2005
2009
Net sales ¥309,301
¥413,523
¥398,636
¥319,013
¥247,594
$3,148,742
Operating income
10,600
67,265
68,961
43,575
20,091
107,907
(Loss) income before income taxes
and minority interests
(1,246)
65,451
71,665
41,895
19,221
(12,692)
Net (loss) income (8,711)
46,019
48,308
27,151
12,071
(88,685)
Capital expenditures 62,848
43,868
72,534
67,071
24,281
639,807
Depreciation and amortization
43,454
39,182
31,472
22,342
14,438
442,365
Research and development cost 11,558
10,786
8,684
6,800
5,979
117,665
Net cash provided by operating activities
52,020
79,903
78,076
38,434
23,098
529,569
Net cash used in investing activities
(55,162)
(56,689)
(70,414)
(62,826)
(22,830)
(561,560)
Net cash provided by (used in)
financing activities
20,559
(14,772)
(14,254)
39,363
6,199
209,299
Free cash flow
(3,142)
23,214
7,662
(24,392)
268
(31,991)
Total assets ¥394,644
¥417,139
¥434,859
¥368,548
¥256,104
$4,017,550
Total net assets
260,483
299,004
275,818
236,446
118,233
2,651,771
Interest-bearing debt
54,104
15,043
18,333
22,736
61,484
550,786
Cash and cash equivalents 83,707
68,790
60,670
65,858
46,666
852,155
At year-end:
U.S. Dollars
(Note)
Yen
Per share data:
Net income per share–basic
¥ (59.76)
¥ 310.08
¥ 327.72
¥ 197.23
¥101.14
Net income (loss) per share–diluted
—
308.70
323.60
193.73
Net assets per share
1,763.36
2,003.19
1,847.78
1,549.71
932.66
95.52—
%
Ratios:
Equity ratio
64.99%
70.78%
62.68%
61.97%
43.03%
ROE
(3.16)
16.21
19.29
16.04
11.58
ROA
(2.15)
10.80
12.03
8.69
4.99
12.64
18.64
30.17
20.52
Price earnings ratio
—
Note: U.S. dollar amounts have been converted for convenience only at the rate of ¥98.23=US$1, the rate of exchange on March 31, 2009.
02
IBIDEN Annual Report 2009
$ (0.61)
17.95
Net Sales
Operating Income/
Operating Income Ratio
(Millions of Yen)
Net Income
(Millions of Yen)
(Millions of Yen)
(%)
40,000
400,000
60,000
30
30,000
300,000
40,000
20
20,000
10
20,000
200,000
10,000
100,000
0
0
0
05
06
07
08
09
0
05
06
07
08
–10,000
05
09
06
07
08
09
07
08
09
Operating Income Ratio
Capital Expenditures/
Depreciation and Amortization
Research and Development Cost
Free Cash Flow
(Millions of Yen)
(Millions of Yen)
(Millions of Yen)
70,000
10,000
20,000
8,000
10,000
6,000
0
4,000
–10,000
2,000
–20,000
60,000
50,000
40,000
30,000
20,000
10,000
0
0
05
06
07
08
05
09
Interest-Bearing Debt
06
07
08
–30,000
09
05
Total Net Assets/
ROA
(Millions of Yen)
Total Assets/
ROE
(Millions of Yen)
(%)
60,000
250,000
25
50,000
200,000
20
40,000
150,000
15
30,000
100,000
10
20,000
50,000
5
10,000
0
–50,000
0
05
06
07
08
05
09
ROA
06
06
07
08
09
(Millions of Yen)
(%)
400,000
20
300,000
15
200,000
10
100,000
5
0
0
0
–5
–100,000
05
06
07
08
09
–5
ROE
IBIDEN Annual Report 2009
03