Fact Book 2016Number of Employees 8,103 (consolidated basis) （As of March 31, 2016） Date of...

May 2016Nihon Unisys, Ltd.

Fact Book 2016

1 ©2016 Nihon Unisys, Ltd. All rights reserved.

（Millions of Yen）2011 2012 2013 2014 2015

Net Sales 255,122 269,170 282,690 269,154 278,039 Gross Profit 63,561 63,545 63,610 63,442 64,610 SG&A Costs 56,251 55,234 54,036 52,517 52,085 Operating Income 7,310 8,311 9,574 10,924 12,525 Ordinary Income 7,096 8,315 9,822 12,371 12,155 Net Income -12,498 1,250 6,305 7,246 8,920

Gross Margin 24.9% 23.6% 22.5% 23.6% 23.2% Operating Margin 2.9% 3.1% 3.4% 4.1% 4.5% Ordinary Income Ratio 2.8% 3.1% 3.5% 4.6% 4.4% Net Profit Margin -4.9% 0.5% 2.2% 2.7% 3.2%

Consolidated Profit and Loss Statements（100 Millions of yen）


Consolidated Balance Sheet

（Times）

（Millions of Yen）2011 2012 2013 2014 2015

Total Assets 190,083 197,779 202,468 199,772 193,094 Net Assets 63,223 67,916 76,016 81,975 91,213 Interest-Bearing Debts 74,161 66,132 67,196 56,992 37,584 Net Interest-Bearing Debts 46,906 40,858 38,473 33,665 22,020 Equity 61,923 66,505 74,796 81,021 90,374

Net Debt/Equity Ratio (Times) 0.76 0.61 0.51 0.42 0.24 Equity Ratio 32.6% 33.6% 36.9% 40.6% 46.8%

Net Assets per Share (Yen) 658.90 707.57 795.61 861.53 847.51

Return on Equity -18.2% 1.9% 8.9% 9.7% 10.5%


Net Sales by Service and Product Hardware（100 Millions of yen）

（After the change of reporting segments）（Millions of Yen）

2011 2012 2013 2013 2014 2015Services 187,213 186,579 199,694 188,155 187,089 194,162

System Services 71,657 72,334 79,436 85,861 83,404 89,829 Support Services 52,902 51,334 49,142 57,665 55,245 55,362 Outsourcing 31,943 32,356 35,336 35,336 38,646 40,496 Netmarks Services 21,982 21,758 26,486 - - -Others 8,728 8,795 9,292 9,292 9,793 8,474

Software 23,327 30,762 31,337 31,337 30,727 30,003 Hardware 44,581 51,828 51,658 63,197 51,337 53,873

Sales of Computers 38,825 46,418 47,394 58,933 48,218 51,087 Rental of Computers 5,755 5,409 4,264 4,264 3,118 2,785

Total 255,122 269,170 282,690 282,690 269,154 278,039 （After the change of reporting segments）

Note: There was a change in the reporting segments in FY2014. The values for FY2013 that have reflected the change are also listed for the purpose of year-on-year comparison.


Gross Profit by Service and Product Hardware

（After the change of reporting segments）

（100 Millions of yen）

（Millions of Yen）2011 2012 2013 2013 2014 2015

Services 47,866 41,477 46,362 44,086 47,765 49,870 System Services 15,439 12,963 15,935 16,194 21,215 23,834 Support Services 20,595 17,484 16,387 18,346 16,330 14,848 Outsourcing 4,072 3,660 7,129 7,129 7,667 8,797 Netmarks Services 4,638 3,936 4,493 - - -Others 3,120 3,431 2,416 2,416 2,551 2,389





Gross Profit Margin by Service and Product


2011 2012 2013 2013 2014 2015Services 25.6% 22.2% 23.2% 23.4% 25.5% 25.7%

System Services 21.5% 17.9% 20.1% 18.9% 25.4% 26.5%Support Services 38.9% 34.1% 33.3% 31.8% 29.6% 26.8%Outsourcing 12.8% 11.3% 20.2% 20.2% 19.8% 21.7%Netmarks Services 21.1% 18.1% 17.0% - - -Others 35.8% 39.0% 26.0% 26.0% 26.1% 28.2%

Software 23.8% 34.2% 30.6% 30.6% 28.3% 24.5%Hardware 22.8% 22.3% 14.8% 15.7% 13.6% 13.7%

Sales of Computers 15.0% 16.6% 9.8% 11.8% 10.0% 11.0%Rental of Computers 75.0% 71.3% 70.4% 70.4% 68.8% 63.5%

Total 24.9% 23.6% 22.5% 22.5% 23.6% 23.2%（After the change of reporting segments）


Orders by Service and Product Hardware（100 Millions of yen）


（Millions of Yen）2011 2012 2013 2013 2014 2015

Services 193,833 175,693 230,485 217,807 182,072 197,373 System Services 79,874 74,907 76,651 83,167 82,037 90,954 Support Services 56,865 53,194 48,863 57,225 54,439 54,765 Outsourcing 25,967 15,834 68,407 68,407 36,193 43,180 Netmarks Services 20,166 22,922 27,557 - - -Others 10,959 8,834 9,006 9,006 9,401 8,473





Net Sales by Market

Hardware（100 Millions of yen）

（Billions of Yen）2011 2012 2013 2014 2015

Financial Institutions 70.7 76.0 78.5 67.6 68.4 Manufacturing 39.2 35.6 39.6 46.7 48.1 Commerce 31.9 33.9 38.5 37.3 36.0 Public/Government 21.9 24.2 17.0 15.9 15.9 Utilities/Services/Others 91.4 99.5 109.1 101.6 109.6 Total 255.1 269.2 282.7 269.2 278.0


Net Sales of Software and HardwareHardware



（Billions of Yen）2011 2012 2013 2013 2014 2015

Software Total 23.3 30.8 31.3 31.3 30.7 30.0 For Mainframes 6.0 11.4 10.0 10.0 7.6 5.4 For Open Products 17.4 19.4 21.3 21.3 23.1 24.6

Hardware Total 44.6 51.8 51.7 63.2 51.3 53.9 Mainframes 4.9 6.7 4.0 4.0 2.7 2.4 Open Products and Others 39.7 45.1 47.6 59.2 48.7 51.5

Mainframes Total 10.8 18.2 14.0 14.0 10.3 7.8 Open Products and Othes Total57.1 64.4 69.0 80.5 71.8 76.1 Total 67.9 82.6 83.0 94.5 82.1 83.9



Capital Expenditures/ Depreciation and Amortization, R&D Expenditures


（Billions of Yen）2011 2012 2013 2014 2015

Capital Expenditures 11.6 12.4 8.6 14.2 11.6 Property, Plant and Equipment 3.0 4.3 3.1 6.0 4.5 Intangible Assets 8.5 8.1 5.5 8.2 7.2

R&D Expenses 4.9 4.9 4.7 4.3 4.0

2011 2012 2013 2014 2015Depreciation and Amortization 12.2 10.4 10.3 9.8 9.5

Property, Plant and Equipment 4.3 3.8 3.6 3.6 3.9 Intangible Assets 7.8 6.7 6.7 6.2 5.6


Dividends

Hardware

[Dividend Policy]The Company seeks to achieve a stable and continuous distribution of profits in line with a policy of paying dividends in accordance with our performance. The specific amount of dividends has been determined taking into consideration the need to secure internal reserves for business development, and also comprehensively considering the business environment and other factors.

（Yen）

（Yen）2011 2012 2013 2014 2015

Earnings Per Share -132.99 13.31 67.08 77.07 93.71 Dividends Per Share (Full Year) 5.00 10.00 15.00 20.00 30.00 Consolidated Dividend Payout Ratio （%） - 75.1% 22.4% 26.0% 32.0%


Number of Employees （ Consolidated ）

Hardware

（Number of People）2011 2012 2013 2014 2015

System Engineers 4,994 4,865 4,758 4,584 4,424 Customer Engineers etc. 1,086 1,044 1,015 1,006 985 Sales Representatives 1,621 1,554 1,502 1,490 1,409 Marketing Staff 553 529 356 344 398 Corporate Staff 903 828 855 822 887 Total 9,157 8,820 8,486 8,246 8,103 (Note) The values above are as of March 31 for each fiscal year.

（Number of People ）


Consolidated Balance Sheets

（Millions of Yen）2011 2012 2013 2014 2015

ASSETS

　Current Assets 114,869 124,037 128,361 122,573 122,520 　Non-Current Assets 75,213 73,742 74,106 77,198 70,574 　　Property, Plant and Equipment 13,540 13,524 12,155 14,111 14,019 　　Intangible Assets 24,706 24,092 20,817 21,326 21,123 　　Investments and Other Assets 36,966 36,124 41,133 41,760 35,431 Total Assets 190,083 197,779 202,468 199,772 193,094

LIABILITIES

　Current Liabilities 81,710 76,657 71,268 77,648 75,273 　Non-Current Liabilities 45,150 53,205 55,183 40,148 26,608 　Total Liabilities 126,860 129,863 126,451 117,796 101,881 NET ASSETS

　Shareholders’ Equity 63,773 64,561 69,714 69,515 89,309 　Accumulated Other Comprehensive Income (Loss) -1,850 1,943 5,082 11,505 1,065 　Subscription Rights to Shares 847 858 661 366 269 　Non-controlling interests 452 552 558 587 569 　Total Net Assets 63,223 67,916 76,016 81,975 91,213 Total Liabilities and Net Assets 190,083 197,779 202,468 199,772 193,094


Consolidated Statements of Income, Consolidated Statements of Cash Flows

（Millions of Yen）2011 2012 2013 2014 2015

Net Sales 255,122 269,170 282,690 269,154 278,039 Cost of Sales 191,561 205,624 219,079 205,712 213,428 Gross Profit 63,561 63,545 63,610 63,442 64,610 Selling, General and Administrative Expenses 56,251 55,234 54,036 52,517 52,085 Operating Income 7,310 8,311 9,574 10,924 12,525 Non-Operating Income 693 749 960 1,964 766 Non-Operating Expense 907 745 712 517 1,135 Ordinary Income 7,096 8,315 9,822 12,371 12,155 Extraordinary Income 21 65 616 512 628 Extraordinary Loss 6,527 5,742 2,280 1,658 1,064 ncome before Income Taxes and Minority Interests 589 2,637 8,158 11,225 11,719 Total Income Taxes 13,044 1,268 1,829 3,922 2,760 Profit attributable to non-controlling interests 44 118 24 56 38 Profit (loss) attributable to owners of parent -12,498 1,250 6,305 7,246 8,920 Comprehensive Income (Loss) -12,607 5,163 7,802 13,725 -1,480

2011 2012 2013 2014 2015Net Cash provided by (used in) Operating Activities 13,430 18,447 11,889 18,037 10,989 Net Cash provided by (used in) Investing Activities -10,641 -11,442 -8,289 -10,548 -10,565 Free Cash Flows 2,788 7,004 3,600 7,489 424 Net Cash provided by (used in) Financing Activities -5,947 -8,985 -151 -12,886 -8,186 Cash and Cash Equivalents at Beginning of Period 30,413 27,254 25,274 28,723 23,326 Cash and Cash Equivalents at End of Period 27,254 25,274 28,723 23,326 15,564


Corporate Profile

Company Name: Nihon Unisys, Ltd.

Establishment: March 29, 1958

Representative: Representative Director, President & CEO, Akiyoshi Hiraoka（Date of assumption : April 1, 2016）

Description of Business: Services business including cloud computing and outsourcing; computer and network system sales/rentals;software development and sales; system related services

Consolidated Financial Results: Net Sales 278.0 Billion Yen(FY2015) Operating Income 12.5 Billion Yen

Net Income 8.9 Billion Yen

Number of Employees 8,103 (consolidated basis) （As of March 31, 2016）

Date of Settlement: March 31

Listed: October 1970 Listed on Tokyo Stock Exchange, 2nd SectionAugust 1971 Transferred from 2nd section to 1st section


Dai Nippon Printing Co., Ltd. 20,727 18.90%

Japan Trustee Services Bank, Ltd. (Trust Account) 11,500 10.48% Mitsui & Co., Ltd. 9,798 8.93%

The Master Trust Bank of Japan, Ltd. (Trust Account) 6,683 6.09% The Norinchukin Bank 4,653 4.24% J．P． MORGAN BANK LUXEMBOURG S．A．　380578 4,283 3.90% CHASE MANHATTAN BANK GTS CLIENTS ACCOUNT ESCROW 3,885 3.54% Japan Trustee Services Bank, Ltd. (Trust Account 9) 3,402 3.10% Nihon Unisys Employees' Shareholding Society 2,434 2.21% GOLDMAN SACHS INTERNATIONAL 1,972 1.79%

Name

Number ofShares Held(Thousands o f

Shares)

Ho ld ingRat io

Stock Data (As of March 31, 2016)

Listed: Tokyo Stock Exchange, 1st Section (Securities code: 8056)

Common Stock Outstanding: 109,663,524 Shares (Trading Unit: 100 Shares)

Number of Shareholders: 9,824 Shareholders

Classification of Shareholders:Individuals

Other Domestic Corporations

Foreign Corporations and Individuals

(Note) Nihon Unisys, Ltd. retains 3,034,316 treasury stocks (holding ratio: 2.76%) in “Other Domestic Corporations”.

Financial Institutions andSecurities Companies

Major Shareholders:

(Note) Nihon Unisys, Ltd. retains 3,034,316 treasury stocks (holding ratio: 2.76%) .

35.46%9.9.17% 33.24% 22.13%

10,057,374 Shares9,434 Shareholders

38,886,850 Shares84 Shareholders




Group companies (As of March 31, 2016)

Number of Consolidated Subsidiaries: 10-Ownership Percentage and Capital Stock: As of March 31, 2016

-Net Sales: For the Year Ended March 31, 2016

Business ProcessCapital Stock (Mil l ion yen)

Net Sales (Mil l ion yen)

5,483 167,856 Ownership

100%

100%

100%

100%

　S&I Co., Ltd. 490 8,613

100%

69%

51%

Outsourcing75%

100%Group Shared Services

　TRADE ViSION, Ltd. 200 555

　Nihon Unisys Business, Ltd. 20 1,615

System Services　USOL Vietnam Co., Ltd. - 552

　International Systems Development Co., Ltd. 40 2,130

　G&U System Service, Ltd. 50 1,429

Infrastructure Services　UNIADEX, Ltd. 750 125,542

95%

4,512

　Cambridge Technology Partners, Ltd. 10 1,502

　AFAS Inc. 100 1,097

Company Name

Nihon Unisys, Ltd.

Marketing,Business Developmentand Consulting

　UEL Corporation 100

Group companies other than the above (non-consolidated companies):UEL (Thailand) Co., Ltd., Netmarks Information Technology (Shanghai) Co., Ltd., UNIAID Co., Ltd., Beijing Unity Information Technology Co., Ltd. and NUL System Services Corporation


(Reference) Sales Segment

Services:System Services: Contracted Software Development and System Related Services, and Consulting

Support Services: Support Services for Software, Support Services for Hardware, and Installation Services

Outsourcing: Entrusted Operation of Information System

Other Services: The Services Other Than Those Above (Equipment Installation, Communication Line Service, etc.)

Software: Software Provision Under a Software License Agreement

Hardware: Hardware Provision Under a Sales Contract or a Lease Contract

* The reporting segments have been shown as above without the ‘Netmarks Services’ segment since FY2014. ‘Netmarks Services’: Overall network system development services by NETMARKS INC.(NETMARKS INC. was merged by UNIADEX, Ltd. as of March 1, 2014.）

(Note)Forecasts in this document rely on judgments and assumptions based on information available at present. Actual results may differ from the forecasts due to changes in risks, uncertainties, economy and other factors. Thus, the certainty of these forecasts is not guaranteed by our Group.Also, the information is subject to change without prior notice in future.Information in this document is intended to provide further understanding of Nihon Unisys, Ltd. and is not intended to solicit investment. This Company shall not be held responsible for any damages whatsoever incurred as a result of utilizing the information provided in this document.

Fact Book 2016Number of Employees 8,103 (consolidated basis) （As of March 31, 2016） Date of...

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