Teito Rubber Co., Ltd. Business Report up until FY ended Mar. 2015

Acquired by Kinugawa Rubber Industrial Co., Ltd.

-Kinugawa Rubber Industrial Co., Ltd. said it will increase its stake in Teito Rubber Co., Ltd. to turn the company into its wholly-owned subsidiary. Kinugawa now holds 66.98 percent stocks of Teito Rubber. By complete acquisition of the company, Kinugawa plans to construct a comprehensive corporate structure from manufacture of body seal, anti-vibration parts and hoses up to sales operations. (From a press release on May 12, 2011)

Planned Capital Investment

-During the fiscal year ending March 2016, the Company plans to invest a total of JPY 97 million mainly to increase production efficiency of its hose parts production lines at its main plant (Saitama Prefecture) and to deal with model changes.

-During the fiscal year ending March 2015, the Company plans to invest a total of JPY 129 million mainly to increase production efficiency of its hose parts production lines at its main plant (Saitama Prefecture) and to deal with model changes.

Data

Number of Employees

	Mar. 2015	Mar. 2014	Mar. 2013	Mar. 2012	Mar. 2011
Total	400	400	400	400	264

Sales

(in million JPY)

	FY ended Mar. 31, 2015	FY ended Mar. 31, 2014	FY ended Mar. 31, 2013	FY ended Mar. 31, 2012	FY ended Mar. 31, 2011
Overall	8,600	8,700	8,222	8,612	8,545

Consolidated

	FY ended Mar. 31, 2010	FY ended Mar. 31, 2011	FY ended Mar. 31, 2012	FY ended Mar. 31, 2013	FY ended Mar. 31, 2014
Sales (million yen)	7,411	8,545	8,612	8,222	N/A
Income from ordinary business activities (million yen)	248	437	740	900
Net income (million yen)	229	419	849	541
Comprehensive income (million yen)		410	N/A	N/A
Net assets (million yen)	678	1,088
Total assets (million yen)	6,275	5,954
Book value per share (yen)	90.52	145.38
EPS (yen)	30.64	56.01
Net profit per share after prospective share price appreciation (yen)	-	-
Net asset ratio (%)	10.8	18.3
ROE (%)	40.95	47.49
PER	4.21	2.46
Cash flow from operating activity (million yen)	810	752
Cash flow from investment activity (million yen)	(54)	(85)
Cash flow from financial activity (million yen)	(698)	(639)
Balance at the term-end of cash and cash equivalents (million yen)	143	154
Number of employees	267	264	400	400	400

Non Consolidated

	FY ended Mar. 31, 2008	FY ended Mar. 31, 2009	FY ended Mar. 31, 2010	FY ended Mar. 31, 2011	FY ended Mar. 31, 2012 and after
Sales (million yen)	9,085	7,966	7,130	8,245	N/A
Income from ordinary business activities (million yen)	271	(34)	275	390
Net income (million yen)	(267)	(34)	292	376
Paid-in Capital (million yen)	533	533	533	533
Number of stock outstanding (thousand)	7,493	7,493	7,493	7,493
Net assets (million yen)	535	501	796	1,173
Total assets (million yen)	6,800	6,041	6,390	6,046
Book value per share (yen)	71.49	66.91	106.34	156.63
Dividend per share (yen)	-	-	-	-
EPS (yen)	(35.72)	(4.64)	39.05	50.21
Net profit per share after prospective share price appreciation (yen)	-	-	-	-
Net asset ratio (%)	7.9	8.3	12.5	19.4
ROE (%)	-	-	45.08	38.18
PER	-	-	3.30	2.75
Payout ratio (%)	-	-	-	-
Number of employees	203	194	215	206