Total Solutions
1
Trust
C o r p o r a t e P h i l o s o p h y & C o d e o f A c t i v i t i e s
Kyoto, the ancient capital of tradition and technology
TAKEBISHI grew here as technology trading company.
That’s why we can.
With unceasing innovation, we have inherited Kyoto’s
tradition of adapting to the needs of the era.
We will continue to take on challenges at the leading
edge of the era.
Creating a bright future by connecting
people and technology with confidence
Comply with corporate ethics
and contribute to society
Corporate Philosophy
Code of Activities
Provide exceptional service and
build a high level of trust with customers
2
T
T
echno
e
echnology
Strive to absorb and revolutionize new technologies
that will benefit customers
3
Integrated power
rated
Combine individual strengths and
create a total service menu
President: Isamu Ogura
Isamu Ogura
Since its founding in 1926, TAKEBISHI has established a management foundation, supported by its many customers,
as a technical trading company dealing in industrial electric machinery and electronic equipment, mainly Mitsubishi
Electric products based in Kyoto and Shiga prefectures.
The company currently has seven domestic branches and one sales office, as well as five overseas subsidiaries. In
addition to its flagship Mitsubishi Electric products and a number of partner products, the company promotes the
development of original products by taking advantage of its proprietary technology. TAKEBISHI has responded to the
diverse needs of its customers.
TAKEBISHI will continue to impress and amaze its customers as “a technological trading company that provides total
solutions”, in fields such as industrial equipment, semiconductor devices, social infrastructure, and information and
communications, and the company will continue to take on challenges at the leading edge of the era.
TAKEBISHI is determined to keep moving ahead together with its stakeholders
as it aspires to be “the leading technology trading company from Kyoto. ”
S u m m a r y o f B u s i n e s s e s
FA a n d D e v i c e B u s i n e s s
S o c i a l / I n f o r m a t i o n a n d C o m m u n i c a t i o n s B u s i n e s s
Industrial Equipment and Systems
Semiconductors and Devices
Social Infrastructure
Information and Communications Equipment
We primarily handle industrial factory automation (FA) equipment such ascon-trollers, drive controls, and electricity distribution controls. These form one of the core product areas for the Company, with broad application that includes vari-ous manufacturing systems produced by assembly manufacturers and for envi-ronmental merchandise. This business field is expected to continue growing at a stable rate going forward.
We provide high-precision, high-performance processing machinery and robots that contribute to enhanced productivity and quality. This business field is ex-pected to grow steadily amid increasing need for automation and labor-saving overseas as well as in Japan.
FA devices
Industrial equipment
Controllers
Electricity Distribution Controls
Rotational Equipment
Sensor Omron Devices
Programmable controllers, indicators, etc.
Servomotors, inverters, electromagnetic clutch, etc.
Various motors, electric fans for industrial use, etc.
Various switches, sensors, temperature regulators, levels, opt-electrical elements, surveillance systems, image processing equipment, on-board products, etc. Various switches, sensors, temperature regulators, levels, opt-electrical elements, surveillance systems, image processing equipment, on-board products, etc.
We provide that little bit of extra added value that extends beyond the sale of single products such as systems that automate the production line and save on labor by way of accepting orders for integrated machinery and systems. This is an area of focus for Takebishi as a technological trading company, with the busi-ness field projected to expand further in the future.
Factory automation
（
FA
）
systems
FA systems, original products, wire-saving systems, educational and technical support, etc.
Laser processing machines, electric-discharge machines, electron-beam processors, industrial robots, numerical controllers, computer-aided design/computer-aided machines, machining tools, automated machines/ instrumentation equipment, room-temperature wafer bonding machines, etc. Drive Controls
Microcomputers, memory ICs, ASICs, various ICs, optical/high-frequency devices, power devices, transistors, semiconductor products, development tools, microcomputer/software design, etc.
We sell semiconductor parts from Japan and overseas mainly to assembly man-ufacturers and electronic device makers. These products are indispensable in high-performance electronic devices. Going forward, this business field is ex-pected to continue growing steadily.
TFT-LCD modules,electronic paper, OEL display, other display devices, touch-panels, industrial controller, CPUboards, storage, power units, printer, thermal heads, closed image sensors, communication module, etc. We handle products from Japan and overseas for incorporation into machinery and for peripheral devices. The products are used in a variety of fields, including home electronics such as PCs, controllers for industrial application, and other products for the amusement sector. This business field is projected to expand further going forward.
Semiconductors
Devices
In this sector, we mainly handle air conditioning units and devices for household equipment. In addition, we cover a wide range of needs from design to construction and maintenance and contribute to the creation of comfortable environments for our customers. We are focusing on environmental and energy-saving products where demand has been expanding in recent years. This business field is expected to grow steadily moving forward.
Cooling and heating equipment for house use
Elevators, escalators, building management systems, multi-layer parking-lot equipment, hoist cranes, etc.
In this sector, we mainly handle building equipment such as elevators and escalators. This business field is projected to grow at a stable rate in the future amid efforts to make offices more intelligent and buildings and factories more comfortable.
Building facilities
Power generation equipment, power transmission and distribution equipment, power generators
We handle electrical substation equipment for Kansai Electric Power Co. as well as local municipalities in Kyoto and Shiga prefectures (mainly for equipment used in water supply and sewage facilities). Moreover, we sell emergency power generating equipment as well as power distribution facilities for systems in factories and buildings. Stable demand is forecast over the long term in this business field.
Facilities for power and public utilities
Radiation cancer therapy device, high-energy X-ray application for nondestructive testing
We handle inspection equipment such as radiation cancer therapy systems and other therapy equipment as well as CT and MRI systems. We have a line-up of state-of-the-art equipment, and this business field is projected to grow over the long term alongside development of sophisticated medical treatment.
Radiation equipment
Air-conditioning equipment factor, air-conditioners (including packaged-type), residential equipment, low-temperature facility work, electric water-heaters, heat pump water-heaters (Ecocute), solar power generators, IH,
lighting-fixtures, exhaust fans, floor heating systems, air sterilization and deodorant equipment, etc.
ERP systems, open systems, consulting, maintenance/training, various hardware, various software, etc.
We are developing an integrated business model that ranges from the sale of equipment such as PCs and PC servers to the design, development, and maintenance of mission-critical systems such as sales management and production management systems. Stable demand is forecast for this business field due to ongoing advancements in information technology.
Information systems
Network camera systems, security systems, PBX,
emergency earthquake alert delivery systems, mobile phones, mobile phone website businesses, etc.
In telecommunication systems, we are focusing on security systems such as network cameras and controls for entering and exiting, including PBX, which is key to communication within and between companies. This field is projected to grow in the future.
Communications equipment
programmable controllers
printers computer systemsfor industrial use
microcomputers TFT liquid crystal modules
electronic papers storage
servomotors
electric discharge machines
devicegateway
（Original Products）
robot
LED lighting
elevaters
water treatment supervisory control system
radiation cancer therapy device Eco cute
PCs and PC servers
mobile phones
network camera TECSAS sales management（Original Products）
signage monitor
S t r e n g h t o f T A K E B I S H I
40
30
20
10
0
25.0
20.0
15.0
10.0
5.0
0
100
75
50
25
0
Management Foundation That Can Secure Stable Profits
Stable Financial Structure
Policies to Substantial shareholder return
%
2010.3 2011.3 2012.3 2013.3 2014.3 2015.3 2016.3 2017.3 2018.3
（est）
Net Assets Capital Adequacy Ratio %
2010.3 2011.3 2012.3 2013.3 2014.3
14.9
15.8
16.7
17.7
2015.3
19.1
2016.3
20.9
Capital Adequacy Ratio around
50
%
8
2017.3
21.6
23.3
45.8 49.5 49.9 52.1
47.1
51.9 53.8 53.7
￥ billion Sales
Target at least
3
%
in ordinary income margin
Ordinary Income (Ratio of Ordinary Income to Net Sales)
52 1 47 1
51 9 53 8 53 7
50.0
40.0
30.0
20.0
10.0
0
10.0
25 19
22 22
29 28 33
28 24
14.0 16.0 17.0
18.5 23.0 26.0
35.0 38.0
Sales target to 2020
Dividends Per Share Dividend Payout Ratio
years in a row
Increased dividend for
Broad product group
×
Resolve customer's problems with technical strength
The 90th anniversary of our foundation Include commemorative dividend of 3 yen
Shares listed on First Section of TSE Include commemorative dividend of 3 yen
60
30
0
Connection skill
S
ys
te
m
proposal po
w
er
Products of
Electric
Mitsubishi
Partner
Products
(Suppliers:
More than 1000
companies)
Original
products
+
5.0
billion
+
7.0
billion
Industrial Equipment and Systems
+
7.0
billion
Semiconductors and Devices
Social Infrastructure
Information and Communications Equipment
Net
sales
90.0
billion
Ordinary
income
3.0
billion
（2017.3
▲2021.3）
（17.3
billion ▲24.0
billion）
（30.8
billion ▲38.0
billion）
（23.2
billion ▲28.0
billion）
48.5
63.2
63.3
61.1
72.4
2010.3 2011.3 2012.3 2013.3 2014.3 2015.3
69.3
2016.3
（
2.2
％
）
（
3.1
％
） （
3.2
％
） （
2.9
％
） （
3.0
％
） （
2.8
％
）
71.1
2017.3
（
3.1
％
）
1.05
1.98
1.99
1.80
71.2
（
3.6
％
）
2018.3（est）
73.0
（
3.6
％
）
Development of
Growth market
Overseas
device
AI . IoT
Robot
Medical care
￥ billion
2.13
1.95
2.23
2.57
2.60
Overview of Financial Results
Net Sales by Segment
Change in Sales
(￥ million)Change in Sales
(￥ million)Change in Sales
(￥ million)Change in Sales
(￥ million)In the information and communications business field, due to the restructuring of franchise stores, the overall net sales for this segment decreased 10.0% compared to the previous year.
￥
9,070
million (year-on-year decrease of 10.0%)
￥
265
million (year-on-year decrease of 16.0%)
2016.3
2015.3
2017.3
2016.3
2017.3
2015.3
2016.3
2017.3
2015.3
Although the Japanese economy in fiscal 2016 remained generally moderate and on the track to recovery, the economic outlook gradually became uncertain due to the UK’s secession from the European Union and fears of the US’s new administration having a negative effect on the world economy.
Under such circumstances, our Group focused on maintaining and boosting profit-making capacity. We made efforts to increase added value as a technological trading company. Specifically, we endeavored not only to further our priority strategies in the device and equipment systems businesses but also to strengthen our key businesses. We also accelerated the development of our IoT-related business centered on new original products, which we put on the market in the first half of the fiscal year.
As a result, the consolidated business performance for this fiscal year reached net sales of ￥71,267 million (year-on-year increase of 0.2%), operating income of ￥2,540 million (year-on-year increase of 15.1%), ordinary income of ￥2,570 million (year-on-year increase of 14.8%), and profit attributable to owners of parent of ￥1,818 million (year-on-year increase of 30.9%).
Net sales
Operating income
Ordinary income
Net income
￥
71,267
million
￥
2,540
million
￥
2,570
million
￥
1,818
million
(year-on-year increase of
0.2
%)
(year-on-year increase of
15.1
%)
(year-on-year increase of
14.8
%)
(year-on-year increase of
30.9
%)
Net sales
Operating income
￥
30,832
million (year-on-year increase of 0.7%)
￥
1,686
million (year-on-year increase of 10.9%)
Net salesOperating income
In the industrial equipment and systems business field, although industrial processing machines decreased in sales due to the concentration of subsidy-related cases in the previous year, there was an increase in equipment systems sales mainly for food processing and steady sales of FA equipment for manufacturing equipment of semiconductors. As a result, net sales for this
segment grew 0.7% compared to the previous year.
In the social infrastructure business field, sales were strong for air conditioning and other building facilities as well as radiation therapy
equipment for hospitals. As a result, net sales for this segment increased 8.2% compared to the previous year.
Net sales
Operating income
2016.3
2015.3
2017.3
I n f o r m a t i o n a n d C o m m u n i c a t i o n s E q u i p m e n t
S o c i a l I n f r a s t r u c t u r e
I n d u s t r i a l E q u i p m e n t a n d S y s t e m s
S e m i c o n d u c t o r s a n d D e v i c e s
S u m m a r y o f B u s i n e s s P e r f o r m a n c e
F i s c a l 2 0 1 7 R e s u l t s
￥
14,110
million
(year-on-year increase of 8.2%)
￥
398
million
(year-on-year increase of 57.8%)
Net sales
Operating income
￥
17,254
million
(year-on-year decrease of 1.0%)
￥
188
million
(year-on-year increase of 62.0%)
In the semiconductors and devices business field, domestic demand for semiconductors increased steadily and new businesses like electronic paper expanded, but device products including LCDs dropped in China. As a result, net sales for this segment decreased 1.0% compared to the previous year.
Change in Sales
(￥million)2016.3
2015.3
2017.3
10,438
10,075
9,070
Change in Sales
(￥million)2016.3
2015.3
2017.3
13,267
13,041
14,110
Change in Sales
(￥ million)2016.3
2017.3
2015.3
27,411
30,603
30,832
Change in Sales
(￥ million)2016.3
2017.3
2015.3
18,235
17,432
17,254
ees ous
In the altho due t previ sales equip As a segm to th
N
N
Net s
Oper
43.3
%
24.2
%
19.8
%
12.7
%
I n d u s t r i a l
e q u i p m e n t
a n d S y s t e m s
Semicondu ctors
and Devices
S o c i a l
120
100
80
60
40
20
0
71.37
79.18
94.46
123.60
115.53
86.18
2,000
1,600
1,200
800
400
0
1,165
1,050
1,268
1,389
1,818
1,700
2,600
2,400
2,000
1,600
1,200
800
400
0
1,800
1,952
2,239
4.00
3.00
2.00
1.00
0
2,137
2.9
3.0
2.8
3.1
2,570
2,600
3.6
3.6
2,600
2,400
2,000
1,600
1,200
800
400
0
1,726
2,206
4.00
3.00
2.00
1.00
0
2.8
2,071
2.9
2.7
3.1
2,570
3.5
2,540
3.6
1,890
80,000
60,000
40,000
20,000
0
61,127
17.1％ 17.4％ 23.4％ 42.0％72,402
17.0％ 22.7％ 23.7％ 36.6％73,000
12.7％ 19.8％ 24.2％ 43.3％71,267
15.1％ 19.1％ 26.3％ 39.5％69,352
14.2％ 18.3％ 24.5％ 43.0％71,152
％ ％Transition of Business Performance
（Consolidated）Industrial Equipmentand Systems Semiconductors and Devices
Social Infrastructure Information and Communications Equipment
2013.3 2014.3 2015.3 2016.3 2018.3
（est.）
2017.3 2013.3 2014.3 2015.3 2016.3 2018.3
（est.）
2017.3
2014.3 2015.3 2016.3 2017.3
2013.3 2018.3
（est.） 2013.3 2014.3 2015.3 2016.3 2017.3 2018.3（est.）
Ratio of Operating Income to Net Sales Ratio of Ordinary Income to Net Sales
￥ million/% ￥ million/%
￥ million ￥
2014.3 2015.3 2016.3 2017.3 2018.3 2013.3 2014.3 2015.3 2016.3 2017.3 2018.3
（est.）
2019.3
（est.）
Net Income
Net Income Per Share
Distribution of Sales by Region
Distribution of Industry for Top 50 Customer Companies
2017.3 2017.3
Other regions in Japan 0.5％
*1. The above figures have been rounded to the nearest million yen.
*1. The above figures have been rounded to the nearest million yen. *2. Net income per share is calculated by dividing net income by the average number of shares during the year (excluding treasury stock). Net Sales
Operating Income
Ratio of Operating Income to Net Sales
Ordinary Income
Ratio of Ordinary Income to Net Sales
Net Income
Ratio of Net Income to Net Sales
Net Income Per Share 〈Value After Split〉
（￥ million）
（￥ million）
（％）
（￥ million）
（％）
（￥ million）
（％）
（￥ million） Average Number of Shares During the Term
（thousand shares）
Industrial Equipment and Systems
Semiconductors and Devices
FA and Device Business
Social Infrastructure
Information and Communications Equipment
Social & Information and Communications Business
Total
Segment Classification
2013.3
2014.3
2015.3
2016.3
2017.3
2018.3
（est.）2015.3
2016.3
2017.3
2014.3
2013.3
2018.3
（est.）Sales
（￥ million）
Change from Previous Year
（%）
Sales
（￥ million）
Change from Previous Year
（%）
Sales
（￥ million）
Change from Previous Year
（%）
Sales
（￥ million）
Change from Previous Year
（%）
Sales
（￥ million）
Change from Previous Year
（%）
Sales
（￥ million）
Change from Previous Year
（%）
￥ million ￥ million
Change in Sales by Business Segment
Sales
2,239
2,239
Operating Income
Operating Income
&
Ratio of Operating Income to Net Sales
Ordinary Income
Ordinary Income &
Ratio of Ordinary Income to Net Sales
25,670
14,328
39,999
10,659
10,469
21,128
61,127
△6.1
△12.2
△8.4
1.4
13.5
7.1
△3.626,508
17,144
43,652
16,443
12,306
28,749
72,402
3.3
19.6
9.1
54.3
17.5
36.1
18.4
27,411
18,235
45,646
13,267
10,438
23,705
69,352
3.4
6.4
4.6
△19.3
△15.2
△17.5
△4.230,603
17,432
48,035
13,041
10,075
23,117
71,152
11.6
△4.4
5.2
△1.7
△3.5
△2.5
2.6
Electric and Electronics 53.4％ Transportation and Machinery 17.2％ Medical relation 14.4％ Kyoto and Shiga 45.3％Osaka and other Kinki
29.4％ Kanto and Koshinetsu 7.7％
80,000
60,000
40,000
20,000
0
61,127
72,402
69,352
71,152
71,267
73,000
61,127
1,726
（2.8）1,800
（2.9）1,050
（1.7）71.37
14,714
72,402
2,071
（2.9）2,137
（3.0）1,268
（1.8）86.18
14,714
69,352
1,890
（2.7）1,952
（2.8）1,165
（1.7）79.18
14,714
71,152
2,206
（3.1）2,239
（3.1）1,389
（2.0）94.46
14,714
71,267
2,540
（3.6）2,570
（3.6）1,818
（2.6）123.60
14,714
73,000
2,570
（3.5）2,600
（3.6）1,700
（2.3）115.53
14,714
31,500
17,600
49,100
15,000
8,900
23,900
73,000
2.2
2.0
2.1
6.3
△1.9
3.1
2.4
30,832
17,254
48,087
14,110
9,070
23,180
71,267
0.7
△1.0
0.1
8.2
△10.0
0.3
0.2
Kyushu 2.1％ Tokai and Hokuriku 7.1％
Overseas 7.9％ Precise 5.3％
Construction 0.7％ Other 3.1％
50.0
40.0
30.0
20.0
10.0
0
23.8
21.5
27.5
28.3
29.0
40.0
30.0
20.0
10.0
0
17.0
18.5
26.0
35.0
23.0
12.0
10.0
8.0
6.0
4.0
2.0
0
5.9
5.4
5.3
3.9
5.4
3.50
3.00
2.50
2.00
1.50
1.00
0.50
0
1.81
1.95
1.77
1.70
1.72
33,968
17,689
52.1
1,202.11
40,478
19,052
47.1
1,294.81
40,220
20,887
51.9
1,418.23
40,246
21,636
53.8
1,470.41
17.0
250
23.8
8.7
1.4
18.5
272
21.5
8.9
1.4
23.0
338
29.0
13.9
1.6
26.0
382
27.5
10.4
1.8
％
％
1.81
2,019
5.9
1.95
2,183
5.4
1.72
2,168
5.4
1.77
2,121
5.3
M a j o r M a n a g e r i a l I n d e x e s
（ C o n s o l i d a t e d ）Profitability Indexes
Return on Assets
（
ROA
）
Return on Equity
（
ROE
）
2013.3 2014.3 2015.3 2016.3 2018.3
（est.）
2017.3 2013.3 2014.3 2015.3 2016.3 2018.3
（est.） 2017.3
2013.3
2014.3
2015.3
2016.3
2017.3
2018.3
（est.）Return on Equity 〈ROE〉
Return on Assets 〈ROA〉 （％）
（％）
Asset Related Indexes
￥ million/％
Net Assets Per Share
Total Assets & Net Assets
￥2014.3 2015.3 2016.3 2017.3 2018.3 2014.3 2015.3 2016.3 2017.3 2018.3
*1. The equity ratio is shown in parentheses.
2013.3
2014.3
2015.3
2016.3
2017.3
Total Assets
Net Assets
Capital Adequacy Ratio
Net Assets Per Share （￥ million） （￥ million）
（％）
（￥）
*2. The above figures have been rounded to the nearest million yen. *3. Net income per share is calculated by dividing net income by the average number of shares during the year (excluding treasury stock). *2. The above figures have been rounded to the nearest million yen. *3. Net income per share is calculated by dividing net income by the average number of shares during the year (excluding treasury stock).
Efficiency and Safety Indexes
Total Capital to Debt Ratio
Total Asset Turnover
times2013.3 2014.3 2015.3 2016.3 2017.3 2013.3 2014.3 2015.3 2016.3 2017.3
2013.3
2014.3
2015.3
2016.3
2017.3
（¥ million）
Interest Bearing Debt
Total Capital to Debt Ratio（％） Total Asset Turnover （times）
Note 1: "Interest bearing debt" is shown rounded off to the nearest million yen.
Note 2: Total capital to debt ratio = interest-bearing debt / ((total assets at term-start + total assets at term-end) / 2 × 100)
Investment Value Indexes
Dividend Payout Ratio
Dividends Per Share
￥2013.3 2014.3 2015.3 2016.3 2017.3 2013.3 2014.3 2015.3 2016.3 2017.3
2013.3
2014.3
2015.3
2016.3
2017.3
Dividends Per Share
〈Value After Split〉
Total Value of Dividends
Dividend Payout Ratio
Price Earnings Ratio 〈PER〉
Dividend on equity 〈DOE〉 （￥）
（￥ million）
（times）
（times）
6.1
3.1
6.9
3.4
5.8
2.9
6.5
3.5
8.1
4.3
7.1
3.8
43,594
23,395
53.7
1,589.92
1.70
1,703
3.9
35.0
515
28.3
11.7
2.2
1,600.00
1,400.00
1,200.00
1,000.00
800.00
600.00
400.00
200.00
0
1,202.11
1,294.81
1,418.23
1,470.41
1,589.92
50,000
40,000
30,000
20,000
10,000
0
33,968
17,689
（52.1％）
40,478
19,052
（47.1％）
40,220
20,887
（51.9％）
40,246
21,636
（53.8％）
43,594
23,395
（53.7％）
5.00
4.00
3.00
2.00
1.00
0
2.9
3.5
4.3
3.8
3.1
3.4
10.00
9.00
8.00
7.00
6.00
5.00
4.00
3.00
2.00
1.00
0.00
6.1
5.8
6.5
8.1
7.1
6.9
％ ％
Amount Composition Amount Composition
Amount Composition
FY2014
Apr. 1, 2014 - Mar. 31, 2015
FY2015
Apr. 1, 2015 - Mar. 31, 2016
FY2016
Apr. 1, 2016 - Mar. 31, 2017
Consolidated Balance Sheets
80.8% 8.2% 0.2% 10.9% 19.2% 100.0% 80.2% 8.3% 0.2% 11.3% 19.8% 100.0% Assets Current assets
Cash and deposits
Notes and accounts receivable-trade
Marketable Securities
Merchandise
Work in progress
Deferred taxes-current
Other current assets
Allowance for doubtful accounts
Total current assets
Fixed assets
Tangible fixed assets
Buildings and structures
Land
Construction in progress
Other tangible fixed assets
Total tangible fixed assets
Intangible fixed assets
Software
Software in progress
Other intangible fixed assets
Total intangible fixed assets
Investments and other assets
Investments in securities
Long-term loans receivable
Deferred income tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total fixed assets
Total assets 4,222 22,635 15 4,330 7 298 757 △29 32,238 1,407 1,833 -94 3,336 79 -20 99 3,573 3 71 927 △28 4,547 7,982 40,220 4,400 22,831 15 4,263 11 337 663 △15 32,507 1,323 1,833 42 86 3,286 46 14 20 81 3,411 4 73 896 △14 4,371 7,739 40,246 1 4 1 3
C o n s o l i d a t e d F i n a n c i a l S t a t e m e n t s
￥ million
Consolidated Balance Sheets
￥ millionAmount Composition Amount Composition
Amount Composition
FY2014
As of Mar. 31, 2015
FY2015
As of Mar. 31, 2016
FY2016
As of Mar. 31, 2017
Consolidated Balance Sheets
44.6% 3.4% 48.1% 50.3% 1.6% 51.9% 100.0% 43.1% 3.2% 46.2% 52.8% 1.0% 53.8% 100.0% Liabilities Current liabilities
Notes and accounts payable
Short-term bank loans
Current portion of long-term debts
Accounts payable-other
Accrued income taxes
Accrued bonuses
Other current liabilities
Total current liabilities
Long-term liabilities
Long-term debts
Long-term accounts payable
Deferred tax liability
Deferred tax liabilities on revaluation
Allowance for directors’ retirement benefits
Net defined benefit liability
Asset retirement obligations
Other long-term liabilities
Total long-term liabilities
Total liabilities Net Assets Shareholders’ equity Common stock Capital surplus Retained earnings
Treasury stock, at cost
Total shareholders’ equity
Valuation and translation adjustments
Unrealized gain on available-for-sale securities
Revaluation gain (loss) for land, net of tax
Foreign currency translation adjustments
Remeasurements of defined benefit plans
Total valuation and translation adjustments
Minority interests
Total net assets
Total liabilities and net assets
￥ million
Consolidated Statements of Income
Amount Composition Amount Composition
Amount Composition
FY2014
Apr. 1, 2014 - Mar. 31, 2015
FY2015
Apr. 1, 2015 - Mar. 31, 2016
FY2016
Apr. 1, 2016 - Mar. 31, 2017
C o n s o l i d a t e d F i n a n c i a l S t a t e m e n t s
Cash flows from operating activities
Income before income taxes and minority interests Depreciation and amortization
Impairment loss Depreciation of goodwill
Increase (decrease) in reserve for directors’ retirement benefits Increase (decrease) in reserve for bonuses Increase (decrease) in allowance for doubtful accounts Increase (decrease) in net defined benefit liability Interest and dividend income
Interest expenses
Foreign exchange loss (gain) Loss (gain) on sales of securities Loss (gain) on sale or disposal of fixed assets Decrease (increase) in trade receivables Decrease (increase) in inventories Increase (decrease) in trade payables Increase (decrease) in accounts payable Decrease (increase) in other assets Increase (decrease) in other liabilities Subtotal
Interest and dividends received Interest paid
Income taxes paid
Net cash provided by operating activities Cash flows from investing activities
Payment for deposit in time deposit account Proceeds from withdrawal of time deposits Payment for acquisition of securities Proceeds from redemption of investment securities Payment for acquisition of tangible fixed assets Payment for acquisition of intangible fixed assets Payment for acquisition of investment securities Proceeds from sales of investment in securities Payment for loans
Proceeds from collection of loans receivable Net cash used in investing activities Cash flows from financing activities
Net increase (decrease) of short-term borrowing Proceeds from long-term borrowing Repayment of long-term borrowing Payment for acquisition of treasury stock Payment for repayment of lease obligations Dividends paid
Net cash used in financing activities Effect of exchange rate changes on cash and cash equivalents Increase (decrease) in cash and cash equivalents Cash and cash equivalents at beginning of period Cash and cash equivalents at end of period
￥ million
Consolidated Statements of Cash Flows
Amount Amount
Amount
FY2014
Apr. 1, 2014 - Mar. 31, 2015
FY2015
Apr. 1, 2015 - Mar. 31, 2016
FY2016
Apr. 1, 2016 - Mar. 31, 2017
1,925 231 22 -7 △32 △128 38 △47 21 △2 -4 2,730 △568 △1,266 △804 △49 18 2,100 47 △21 △1,007 1,118 △40 150 -34 △97 △15 △88 -△0 1 △55 △113 100 △100 △0 △0 △294 -△408 46 701 3,448 4,149 2,223 214 5 -△95 53 △27 13 △56 16 8 -10 △234 37 △1,022 △23 95 188 1,408 54 △16 △587 859 △10 -15 △108 △26 △58 -△2 1 △188 △41 -△0 △0 △382 △18 △442 △59 168 4,149 4,318 Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income Non-operating income Interest income Dividend income Purchases discounts Lease revenue
Gain on foreign exchange
Other non-operating income
Non-operating expenses
Interest paid
Sales discounts
Cost of lease revenue
Loss on foreign exchange
Other non-operating expenses
Ordinary income
Extraordinary profits
Loss (gain) on sales of investment securities
Extraordinary loss
Loss on sale or disposal of fixed assets
Impairment loss
Income before income taxes and minority interests
Income taxes-current
Income taxes-deferred
Total income taxes
Net income
Profit attributable to owners of parent
Payments from changes in ownership interests in subsidiaries that do not result in change in scope of consolidation
H i s t o r y・C o r p o r a t e P r o fi l e
Description
Month/Year
Corporate History
Establishes Kusasa Shougyou Co., Ltd. in Kita-ku, Osaka for the manufacture and sale of raw materials for electric machinery and appliances.
Concludes dealer agreement with Osaka Branch of Mitsubishi Corp. and Mitsubishi Electric Corp. for the sale of products in the Kyoto area, and establishes Kyoto Sub-Branch in Kamigyo-ku, Kyoto.
Moves Head Office to Shimogyo-ku, Kyoto and merges Kyoto Sub-Branch with Head Office.
Changes corporate name to Takebishi Denki Shokai Co., Ltd.
Changes corporate name to Takebishi Electric Co., Ltd.
Concludes exclusive agency agreement (currently agency agreement) with Mitsubishi Electric Corp.
Establishes Fukuchiyama Sub-Branch in Fukuchiyama, Kyoto (currently Kihoku Branch).
Establishes Shiga Sales Office in Omihachiman, Shiga Prefecture (currently Shiga Branch in Hikone, Shiga Prefecture).
Concludes exclusive agency agreement with OMRON Corporation.
Transfers Head office to new building in Ukyo-ku, Kyoto.
Establishes Osaka Sales Office in Minami-ku, Osaka (currently Osaka Branch in Kita-ku, Osaka).
Establishes Takebishi Technos Corporation (currently TS Engineering Co., Ltd., a wholly-owned consolidated subsidiary).
Establishes Hikone Sub-Branch in Hikone, Shiga Prefecture (currently Shiga Branch).
Establishes Kokura Sub-Branch in Kokura-ku, Kitakyushu (currently Kyushu Branch in Hakata-ku, Fukuoka).
Establishes Ritto Sales Office of Shiga Branch in Ritto, Shiga Prefecture (currently Ritto Branch).
Establishes Inuyama Sales Office in Inuyama, Aichi Prefecture (currently Nagoya Branch in Nakamura-ku, Nagoya).
Establishes Tokyo Sales Office in Chiyoda-ku, Tokyo (currently Tokyo Branch in Kohoku-ku, Yokohama).
Transfers Head office to a new building in Ukyo-ku, Kyoto (current address).
Establishes Takebishi Kosan Co., Ltd. (a wholly-owned consolidated subsidiary).
Establishes Takebishi Electric Sales Hong Kong Limited (a wholly-owned consolidated subsidiary).
Shares listed on Second Section of Osaka Securities Exchange (currently Tokyo Stock Exchange) and Kyoto Stock Exchange)
Invests in Shinwa Kogyo Co., Ltd. through allocation of new shares to a third party (currently TS Engineering Co., Ltd., a wholly-owned consolidated subsidiary).
Invests in Fujitelecoms Co., Ltd. (a wholly-owned consolidated subsidiary).
Acquires ISO 14001 certification (BVJC), an international standard for environmental management.
Acquires ISO 9001 certification (BVJC), an international standard for quality management systems.
Conducts a 1:2 stock split and changes number of shares per unit (from 1,000 shares to 100 shares).
Establishes Takebishi Electric Sales Shanghai Limited in Shanghai, China (a consolidated subsidiary; wholly-owned by Takebishi Electric Sales Hong Kong Limited).
Merges mobile phone business into Fujitelecoms Co., Ltd. (a wholly-owned consolidated subsidiary).
Introduces executive officer system.
Changes corporate name to Takebishi Corporation.
Issues new shares (public stock offering) and conducts stock offering (allocation of new shares to a third party by over allotment).
Completes expansion of Head Office building in Ukyo-ku, Kyoto (current address).
Establishes Tianjin Branch of Takebishi Electric Sales Shanghai Limited in Tianjin, China.
Establishes Kofu Sales Office of Tokyo Branch in Kofu, Yamanashi Prefecture.
Merges Takebishi Technos Corporation with Shinwa Kogyo Co., Ltd. and establishes TS Engineering Co., Ltd. (a wholly-owned consolidated subsidiary) and relocates business.
Acquires ISO 27001 certification (BVJC), an international standard for information security management.
Shares listed on Second Section of Tokyo Stock Exchange following merger of Osaka Securities Exchange and Tokyo Stock Exchange
Establishes TAKEBISHI (THAILAND) CO., LTD. in Bangkok, Thailand (a wholly-owned consolidated subsidiary)
Establishes TAKEBISHI EUROPE B.V. in Amsterdam, the Netherlands(a wholly-owned consolidated subsidiary)
Shares listed on First Section of Tokyo Stock Exchange
Transition to a company with audit and supervisory committee
O f f i c e s a n d S u b s i d i a r i e s
China
Thailand
Takebishi Kosan Co., Ltd.
Warehousing, insurance agency
TS Engineering Co., Ltd.
Design, engineering work, and maintenance service of air-conditioning equipment Ritto Branch Kihoku Branch
Osaka Branch
Fujitelecoms Co., Ltd.
Wholesale and sales of mobile phones, etc.
Kyushu Branch
Shiga Branch
Nagoya Branch
Kofu Sales Office
Tokyo Branch
akebishi Electric Sales
Takebishi E al
Shanghai Limited Tianjin Branch
Shanghai L TianT
Takebishi Electric Sales shi Ele
Shanghai Limited
S a
akebishi Electric Sales
Ta eb
Hong Kong Limited
BISHI（THAILAND）CO.,LTD.
TAKEB
Network
C
Netherlands
TAKEBISHI EUROPE B.V.
Head Office（Kyoto）
Company Information
O u t l i n e
TAKEBISHI CORPORATION 29, Mameda-cho, Nishi-kyogoku, Ukyo-ku, Kyoto
April 24, 1926
1.Sales of the following products, and design and contracts for related engineering work:
FA devices, industrial equipment
Semiconductors, devices and embedded devices
Air conditioners and refrigeration equipment, residential equipment
and lighting fixtures, elevators and escalators, power generation
equipment, generators, power transmission and distribution equipment, water management plant systems, Electronic medical equipment Communications and equipment, image processing equipment, information and communication equipment
2.Sales, systems design and software development:
Information systems and factory automation systems
Microcomputers and ASICs (Application Specific Integrated Circuits)
¥2,554 million
Number of shares authorized: 28,280,000 shares Number of shares issued : 14,798,600 shares March 31 (once a year)
Employees Consolidated: 588 Nonconsolidated: 377 Total workforce Consolidated: 704 Nonconsolidated: 402
*Total workforce includes temporary staff.
The Bank of Tokyo-Mitsubishi UFJ, Ltd. Bank of Kyoto, Ltd.
Mitsubishi UFJ Trust and Banking Corporation Shiga Bank, Ltd.
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation The Kyoto Chuo Shinkin Bank The Kyoto Shinkin Bank
ISO14001 (acquired in August 2001 from BVJC)
ISO9001(acquired in September 2003 from BVJC)
ISO27001(acquired in January 2012 from BVJC) (As of March 31, 2017)
Omron Corporation Murata Machinery, Ltd. KYOCERA Corporation Nissin Electric Co., Ltd. Canon Machinery Inc. ZUIKO CO., LTD. GS Yuasa Corporation Sumitomo Electric Industries, Ltd. ROHM Co., Ltd.
Nippon Electric Glass Co., Ltd. HORIBA, Ltd.
Takenaka Corporation Shimizu Corporation Kansai Electric Power Co., Inc.
SCREEN Holdings Co., Ltd. Panasonic Smart Factory Solutions Co., Ltd. Mitsubishi Motors Corporation Mitsubishi Electric Corporation Shimadzu Corporation Ishida Co., Ltd. Panasonic Corporation Nidec Corporation
Murata Manufacturing Company, Ltd. Kinden Corporation
Mitsubishi Heavy Industries, Ltd. Obayashi Corporation
Takasago Thermal Engineering Co., Ltd. Government and other public offices
Directors, Auditor, and Executive Officers: Director & Chairman
Representative Director & President Director & Senior Managing Executive Officer Director & Managing Executive Officer Director & Executive Officer Director & Executive Officer Director & Senior Adviser Outside Director
Director, Audit & Supervisory Committee Member（Full-Time) Outside Director, Audit & Supervisory Committee Member Outside Director, Audit & Supervisory Committee Member Executive Officer
Executive Officer Executive Officer
Hiroyuki Fujiwara Isamu Ogura Yukihiro Hashimoto Takashi Kamei Masanori Nishida Kazuhiko Sakaguchi Takehisa Iwata Hiroshi Hiraide Akira Matsuki Yutaka Hirose Yoshinori Yamada Hideo Takenaka Hiroshi Okagaki Katsuhiro Nakauchi
Major Customers: 1 9 2 6
1 9 3 0 1 9 3 1 1 9 4 3 1 9 4 4 1 9 5 8 1 9 5 9 1 9 6 1 1 9 6 3 1 9 6 9
1 9 7 0
1 9 8 3
1 9 8 4 1 9 9 1 1 9 9 2 1 9 9 6
1 9 9 9
2 0 0 1 2 0 0 3 2 0 0 5 2 0 0 6
2 0 0 7 2 0 0 8 2 0 0 9 2 0 1 0
2 0 1 2 2 0 1 3 2 0 1 4
2 0 1 6 A p r.
May.
Feb. Mar. Nov. Aug. Jun. Feb. Nov. Nov. Jun. Aug. J u l . Aug. A p r.
Feb. J u l . A p r. May. Sep. Jan.
A p r. Aug. Sep. Nov. Feb.
A p r. Jun. Oct.
Feb. Sep. Oct. A p r.
Jan. J u l . Jan.
Dec. Jun.
Corporate Name:
Head Office:
Established: Purposes:
Paid-in Capital: Shares:
Fiscal Year End: Workforce:
Main Banks:
