20
2010.5.10 Consolidated Results for the Fiscal Year Ended March 31,2010
2010.5.10
Consolidated Results for
the Fiscal Year Ended
March 31,2010
120.8
8.9
9.9
3.4
7.4％
8.3％
2.9％
¥25.762.3％
¥2077.7％
119.0
7.2
9.2
7.0
6.1％
7.8％
5.9％
¥52.954.7％
¥2037.8%
▲1.5％
▲19.0％
▲7.0％
+103.1％
¥100.66
¥143.28
+17.6％
+37.7％
+23.8％
+13.1％
①
¥ 90
¥120
¥92.61
￥130.68
140.0
10.0
11.5
8.0
7.1％
8.2％
5.7％
¥59.90
5.0％
¥20
33.4％
▲1.7
▲1.7
▲0.7
+3.5
+20.9
+2.7
+2.2
+0.9
FY2009 FY2010
▲1.3P
▲0.5P
+3.1P
+1.0P
+0.4P
▲0.2P
2010.5.10
Consolidated Financial Highlights, 2010／3
Net Sales
Operating Income
Ordinary Income
Net Income
Operating Income Ratio
Ordinary Income Ratio
Net Income Ratio
EPS
ROE
Dividend
Payout Ratio
FY2008
Actual2009／3
Exchange rate（average）
U.S. Dollar
EURO
Actual2010／3
Y／YChanges
Y／YChanges
Y／YChanges
(%)
Y／YChanges
(%)
（Billions of yen）
※ All figures in these materials have been rounded down to the nearest billion yen unless otherwise noted.
Projected2011／3
②
1Ｑ
25.4
1.0
1.9
1.7
4.3％
7.8％
7.0％
2Ｑ
4.1％
4.8％
4.2％
3Ｑ 4Ｑ
7.8％
9.6％
5.2％
7.7％
9.0％
7.4％
30.1
1.2
1.4
1.2
29.4
2.3
2.8
1.5
34.0
2.6
3.0
2.5
2010.5.10
Quarterly Transition of Sales and Incomes Statements, 2010／3
2010／3
Net Sales
Operating Income
Ordinary Income
Net Income
Operating Income Ratio
Ordinary Income Ratio
Net Income Ratio
（Billions of yen）
③
2005/3 2006/3 2007/3 2008/3 2009/3 2011/3(Projected）
2010/3
0
30
60
90
120
150
180
119.1 129.2
151.4 148.1
120.8 119.0
Net Sales
20.118.5
19.7 20.0
8.97.2
0
5
10
15
20
25
30
10.0
140.0
16.9%
14.3%13.0% 13.5%
7.4% 6.1% 7.1%
2010.5.10
（Billions of yen） （Billions of yen）
Operating Income RatioOperating Income
Transition of Sales and Operating Incomes
④
2009／3
184.4
2009／3
3.2
2.9
2010／3
3.0
2.8
8.4
▲0.6
▲1.8
▲2.1
0.2
4.1
9.6
17.7
2010.5.10
2010／3
44.8
36.8
11.7
28.76.5
27.3
28.2
53.2
36.1
9.926.66.7
31.4
37.8
202.1
Assets
（Billions of yen）
Change
Cash and bank deposits
Notes and accounts receivable (Trade)
Marketable securities
InventoriesOther current assets
Property, plant and equipment
Intangible assetsInvestments and other assets
Turnover（month）
Receivable-trade
Inventories
⑤
2010／3
184.4
10.9
1.5
2.1
3.0
17.7
2009／3
78.5%
2010／3
76.8%2009／3
2010.5.10
202.1
145.7
11.816.99.7
156.6
13.319.1
12.8
Liabilities・Total Net Assets
（Billions of yen）
Change
Notes and accounts payable
Other current liabilities
Long-term liabilities
Total net assets
Equity Ratio
⑥
2006／3 2007／3 2008／3 2009／3 2010／3
160
140
120
100
80
60
40
20
0
68.3 71.8 75.8
57.0
129.2
17.0
51.3
24.8
30.6
1.64.0
18.1
53.7
27.1
45.9
1.5
5.1
151.4
74.6
148.1
120.8
16.7
59.1
21.7
44.8
1.7
4.2
68.2
59.0
58.2
13.6
45.4
20.6
36.0
1.43.5
11.4
41.5
17.7
44.2
1.32.6
119.0
53.0
63.3
2010.5.10
Sales by Product Segment
（Billions of yen）
Lamp Business Equipment Business
Discharge Lamps
Halogen Lamps
Imaging Equipment
Optical Equipment
Machinery for Industrial use and Other BusinessIllumination and Related Facilities
⑦
100
80
60
40
20
0
45.6
75.1
42.8
26.9
5.3
38.0
81.0
48.7
26.6
5.6
2010／3
2009／3 15
12
9
6
3
0
-3
3.54.8
1.3
3.9
▲0.51.1 1.4
4.56.0
0
2010.5.10
Geographical Segment Information
Net Sales by Region Operating Income by Region
（Billions of yen）
（Billions of yen）
Japan Oveaseas (North America)
(Asia) (Europe)
Japan Oveaseas (North America)
(Asia) (Europe)
2010／3
2009／3
⑧2010.5.10
20
16
12
8
4
0
-4
-8
-12
-16
11.8
▲3.1
▲7.5
8.6
18.9
▲12.7
▲4.7
6.2
2009／3
27.7
27.3
2010／3
27.3
28.5
Cash Flows
（Billions of yen）
Operating Activities
Investing Activities
Free Cash Flow
Financing Activities
Cash and cash equivalentsat beginning of the year
Cash and cash equivalentsat end of the year
⑨
2009／3 2010／3 Change
0.8
0.8
1.8
－
0.6
4.3 2.7
0.4
0.7
0.0
0.6
0.8
▲0.4
▲0.1
▲1.8
+0.6
+0.1
▲1.5
3.3 0.7 ▲2.5
0.3
1.5
1.4
0.2
0.1
0.3
▲0.1
▲1.3
▲1.0
1.0 2.0 +1.0
2010.5.10
Other Income and Expenses
（Billions of yen）
Other Income
Other Expenses
Other Income (Net of Other Expenses)
Interest income
Dividend
Exchange gain
Profit on sale
Others
Interest expenses
Exchange loss
Others
⑩
（Projected）2007／3 2008／3 2009／3 2010／3 2011／3
12
15
9
6
3
0
6.77.6
5.45.15.8
6.2
4.8
6.26.96.5
10
8
6
4
2
0
（Projected）2007／3 2008／3 2009／3 2010／3 2011／3
4.85.1
5.8 5.5
8.7
2010.5.10
Capital Expenditures, Depreciation and Amortization, R&D Expenses
Capital ExpendituresDepreciation and Amortization R&D Expenses
（Billions of yen）
Capital Expenditures
Depreciation and Amortization
（Billions of yen）
⑪
5,000
4,000
3,000
2,000
1,000
02006／3 2007／3 2008／3 2009／3 2010／3
Total
2,107 2,171 2,1452,393
2,2092,472
2,2272,393 2,226
2,506
4,2784,538 4,681 4,620 4,732
2010.5.10
Number of Employees
（Person）
Japan Overseas
T O P I C S2 0 0 9 ― 2 0 1 0
⑫2010.5.10
High power infra-red surface-emitting laser with 2 emitters and PPLN crystals
Characteristics of NecselTM’s visible LD (Laser Diode)
Owns NecselTM laser which generates infra-red and visible wavelength at high power, compact, low cost and suited for mass-production.
Necsel Intellectual Property, Inc.
Simple structure
Various wavelengths are available by altering the emission wavelength
Wide wavelength
Cost reduction realized through wafer-based manufacturing as well as testing of Necselarrays and PPLN crystals
Low cost
Dense integration of emitters into array has made the Necsel laser compact
Compact
⑬2010.5.10
Acquired 49% Stakes of Necsel – May. 2009
Established June 2001. Manufactures and sells Veinviewer® which
locates subcutaneous veins and projects a real-time image of their
location on the surface of the skins.
Luminetx Corporation
⑭2010.5.10
Acquired Luminetx – December. 2009
Vascular Imaging System
‘Vein Viewer’®
Launch MicroTilesTM ‘a New Digital Canvas’ － April 2010
Is LED display which you can decide the shape and size by changing the number of small modules.
MICROTILESTM
⑮2010.5.10
Acquired extreme UV business from Philips － April 2010
(2001 XTREME established)
2002 Joined EUVA (Extreme Ultraviolet Lithography System Development Association)
2005 Acquired 50% stakes of XTREME
2006 Philips shipped EUV light source for α tool
2007 Ushio／XTREME shipped EUV light source for α-tool
2007 Business partnership signed with Philips
2008 XTREME and Philips EUV started co-research and development
2008 XTREME and Philips EUV recorded 500W
2008 USHIO acquired 100% stakes of XTREME
2010 1kW output was recorded at EUVA
EUV development by USHIO
⑯2010.5.10
⑰2010.5.10
2010 Medium-term Vision Ⅰ
Targets（For the FY2012）
Key business strategies
announced on 2010/5
◇Operating Income ： ¥25.0 billion （¥7.2 billion／FY2009)
◇ＲＯＥ ： More than 10%（4.7％／FY2009)
＜reference＞ Net Sales ¥185 billion （ ¥119 billion ／FY2009 ）
◆ Aiming at a steady growth of digital cinema business and non-cinema business
◆ Focusing on environment friendly business
◆ Development of solid state lighting
◆ Developing the product lineup for LCDs, semi and fine PCB markets
◆ Reinforcing the development of leading edge photolithography businessfor semiconductors
◆ Promotion of business alliance, joint venture and M&A
⑱
0
200
160
120
80
40
0
99.1
119.1129.2
151.4 148.1
120.8
2004／3 2005／3 2006／3 2007／3 2008／3 2009／3 2013／3
15.8 17.0 17.0 18.1 16.7 13.6
40.5 49.5 51.3 53.7 59.145.4
18.926.2 24.8
27.1 21.7
20.6
18.3
21.130.6
45.9 44.8
36.01.8
1.9
1.6
1.51.7
1.4
（Projected）
3.8
3.5
4.0
5.1 4.2
3.5
2010.5.10
2010／3
11.4
41.5
17.7
44.2
1.3
2.6
119.0
185.0
15.5
60.5
35.5
68.5
2.03.0
2010 Medium-term Vision Ⅱ■ Sales by Product Groups
（Billions of yen）
Machinery for Industrial use and Other BusinessIllumination and Related Facilities
Imaging Equipment
Optical Equipment
Discharge Lamps
Halogen Lamps
announced on 2010/5
This report contains forward-looking statements which reflect management’s views at the time of the
announcement with respect to certain future events and financial performance .Actual results may differ materially from those projected or implied in any forward-looking statements .Further, certain
forward-looking statements are based upon assumptions of future events which may not prove to be accurate.
