Slide 1: ARMA
ARMA (201 OFS ARSC RA) #XSH=oLI
Slide 2: _— M@NIRECC
_— M@NIRECC 20124 (EF RK244F) 3A RAS OER REORE P. 3~7 2012473 AHO Rial P.7~9 CIAV EAD FBE RRL P.9~12 BNET IL—FOIURKIR P.13~14 pREAME DSL P. 14~15 REIT P. 16 48 EF SHSMCR ALORS P. 17~18 CTAVEAORBCRALORE P. 18~24 PREC DSA ORE P. 24~30 SHee P. 30~33
Slide 3: 2012年3月期 第2四半期決算概要
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Slide 4: APE OKIE M@NRECcz
APE OKIE M@NRECcz @C11A11 BHC, FMPBAEELK. VDIPBEOHMY,. FOLABSCOY-EAZORELAPULCES CC, HEC OFBORLSZLAY, WIL KY BRAMALL te. (SHORMF BOWELS PICIRO TOILE THY, RIAA IMDUYTIS, RRA CIF BITKRERFOTL YS. ) FL SRA RRA | SMA 42 1E {i 7,100 310 380 210 44)? a 6,800 150 210 110 ee ee | ; MNRecc BHS IC PRLERACOREIIO
Slide 5: BRHAEBORS ANRECZ
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Slide 6: AmAtREORE
AmAtREORE M®Nire CLT AVEAORLEB --|CRERER BtO(8 Sta 200843 AM SHEN: SHES: 2009%3AM o 8 S+#8+- 201083 AM 201143AM EY - 8 StS: S#EN O12 3AM 20S AWS Y NB BMH RTH R591 TMRICBELTUET. REA RRORZ MNRECC RAM RRORE (Mii - BAR) 412/38 204+ MA 11/3MAR Om eas SPA) | MARE RHC2) | MRE (1-2) REAe 3,271 28.3%] 3.419}
Slide 7: キャッシュフローの状況
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Slide 8: SHA RIL @MNRECO
SHA RIL @MNRECO S19 RGLL #2: BAA Sat (12/3) Ji a | te EO ee ee oe abit ANRECo B3t RUREO BL Mii - BAR)
Slide 9: SWRA RIBL MNRECC |
SWRA RIBL MNRECC | 201243AH ~SWRAAORIE~ © BMICKHVSSISILAFAMILY.5 MM, BZLBILAS.1% GC, BSABII7. 4018 ORL. ORKERIIFIAAOMEERUAAR3O+RURBORLES KYRECPRBLEM, A—-OV NDE AERP SI OEKD BI KY RRM, @ DLP BRISCNE TONAL, REBAR TRL SIF INAIVERH . RAK CO BEMAIL KY, SHARMA [£9 . POLABRISHMRARAOFEARTE AT. ; a ANIRECO L
Slide 10: CTAVEAID FMC RUA (FOLABE) MNRECZ
CTAVEAID FMC RUA (FOLABE) MNRECZ Faurrzsz LAWLER RBIS LMA 7—. BS CHLICISAREBM AHS. A. Y—EABRILPASRITS. SEAAMAMMINALT7. 4518, BLA. 390M Lui SE) FER 1,079 an usm @7ORAWR Lm) EF AV b RR 46 (2—-F—RBH LM) biti SKA, JERR 99.7% ck ie il 103m Va VF) CPAIAVEAIOFMERUA(FOLABE—SHRUA) RECO BRARBRROLERLRLCTOVRS D
Slide 11: LTAV EID RMLERIAA (VII BE) @NRECZ
LTAV EID RMLERIAA (VII BE) @NRECZ iy ae P4ILL, BF BRB RP DIOS RICRME ST ie, CON—ARRITS. SFSMEMMICMLZ. 1%. LILO. 9% (it : BRD FEL 1,656 ET AVE A 196 (1—¥—RHW FL) CATAVbEAID KML AAA (YVLIPBER) ANRECC BEAR MHEI LLB RILRLORE OFPODEEMEMDVELOD, BYFARILATO SFHRIN KY. ERG AML 7. Oo ev bomsnt canna aconetamn
Slide 12: ETAVEAIDORMLCRUAA (RRB) @NReEc2
ETAVEAIDORMLCRUAA (RRB) @NReEc2 RAKES Fah, BFRRBRP DICSRICRMES Fic. BERISHA LMTHEY, SIEBEONK—AEGTSCLVIK, BLHLEEHS. BS SAMFAMIOML12. 5 is, ALIt2. 6%if FL 727 —— (REE RTE | HES) FAVE ARE 131 0 —hs UO oLe Ath (2-9 —RH =e phbeir erly (RL) RRR AT SRM SHARE ORME LK, ROARS Tee, RESEARCH. AR RRL REAM A +H I
Slide 13: ANRecc
ANRecc HB) tO EEK} &F |L—PFBAOIAKI BAC MRR M@NRECC EE + 2 RAAB Farrzye#¥ Stk PUP HBORRAMYIRATLK FBSAUMIISMMAEMH FRY | PUPORMREMYVAGE wAt> RFI BIN CER [ssh E| PHLHOVIIATE (BMH MER) AWE. ARTEL, Hi A — PRM. Bia ha Othe ALOK A—SFBERIGU TS. BEAOSFAUAMATET Pata LBFSHOMMRI MIA | HY. BUAASHOCHS 2 AAT OL AAS
Slide 14: =La FN—FORR MNRece
=La FN—FORR MNRece (FiL—FARL HA) s27mRetat MIRECO EUROPE __ on oss nad e2nuapenns (Leaman oss KO TS tL OU TIZINVESTORS GUIDE 23N—YEim MNirec2 PRA E Vay ~14~
Slide 15: PRANGHEOX-—LI MNRECC
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Slide 16: BARR. HREBI @MNREC2
BARR. HREBI @MNREC2 BORAT HCAARRO—-RMELT. RAORUHE ESB RLEMOMRBRURA BR CHAICOU CRA TS LE a 4aeR (MAHMSS*VULOHRERA) 20123 AMO Piette A/ReEPE td 12008 i 100.0% “ e 12 00.0% © = 10 00.08 2 a s — 40.08 Rk | 6 H - 20.08 4 2 on o 20.08 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 $63.77 | 463 | 46
Slide 17: SHEMO ATR MNRECZ
Ne - ~ ¢ _ SHEMO ATR MNRECZ BMERMEKALHHORHER {UL AAR : FELAOIMOAGCOSY. LMM RILI- ck SMR(VIPBRANBA. FO PABRARLLECE, PAVLABRTY-EAMRORLMS AD i-CE, BRAT BEBORLMSAOKCEL) Rimes: <I AOLEF SH (SAAB) CLAM BCOIALF OV MEAELDO RS Ai: MFORAMROUENRLERE- RHAMARRAS (ig B55) 100 - 1243 Fe 1143 RE 204M, 133 50 26S ee
Slide 18: aNRecc
aNRecc ERE NZORE 16.000 400 14.000 2008.9 2007.3 20079 2008.3 2008.9 2009.3 2008.9 20103 20109 2011.3 20119 == SPRUAS an CH SHEURH SE CO AGED am enRe a OARS oa HUSRA am HURTS a hktOnRe ——ahS Bae: Fee EUR PEM AMIS SY BIES ROSOLAROS LI LVRIABA TSK FAS FREER PRERBORBLEMAERORBLIKSYHR. FMISRTR CSBAAA OD
Slide 19: LT AVEAMORRALRAA (RQERER THD) M®NRnecl2
LT AVEAMORRALRAA (RQERER THD) M®NRnecl2 SRMBRARE P4rIbL, BFRARMRSILKS CORR BAMSELEM... SIF NAILS OPAILER LL OMAEL MES BR => MibREL L4—V RBH 24940, BBG YFOLAALI RB At RS HRT i SE ICTR BRA EE >-BAROBRELGACHHNK. BBE SIE. MEW THOR CLRETE SRLRHRERE ADABRRBOAD MER OM BSR SY, RROMMCHRRROMMA CHADS RRMRORAMA
Slide 20: SPRAAAL (HR) ANRECC
SPRAAAL (HR) ANRECC B SACRA © RHKMinRAREOME BASIS NARMIXHEA TLS, HED FYI LAMM Cit TOI—F—BR (CRABAEDIN EAT] RELTSES. © RibRARE, Bi —HRRABS BHC ITE BUN (KY ) Bith A—D—) |“ BS RRB OHA © SHKAMMRHOLRMER HAOSIFAU ABA TEKH, BAITS AR (WHat : BAF) 1.800 (ithsat FE FS) -— 7 ee eC ed | ! t- 3 ' 1 ' ! 1 es Os e
Slide 21: CTAVEAIODRMLRUA (VOLPI RR—HHHA) MNReECcz
CTAVEAIODRMLRUA (VOLPI RR—HHHA) MNReECcz BH 1~20+MORMSMEO PBULICMLUR SIF NAIL, D4 LL AGRO BRAM IE HE OS — BRIS U DUE Ete eDayb NAIL FAAZILA SERBS HBYF + KRISH RRONRI AKA KOTKREER (PRAMS, ABMAO A HEEL) BS30+RUROM BR A—A—(A—4—_ AY yS—SB) (SBAGtERHMRCKEGL ER >BARW Alo tobS SBR EITM ib PRND A—A—ERLU GA
Slide 22: cp HATA He He MNRecc
cp HATA He He MNRecc B PHM CR ACRIAKR © DE, SBORMA EAH OBIEIK LSB , PARTE HO HEM FrPBRAO PIB AERRE BT BET SMELL © HATO RAEI ILLS OBA BINA T, RMR AA—A-ED ELL TRF [BR DI=eh MM] BVEPCO Mil. TLS. (ith iat 5 50 LES) BiswsSa OT FA 0893 FRA oO AA 10% 9 A 1S AA 123A LT AVEO RMLRAA(FOLABR-—SHRRORBER) MNRece
Slide 23: ELF AVEAMORMALRAA(FOLAR RARER) MNRECZ
ELF AVEAMORMALRAA(FOLAR RARER) MNRECZ BSitnittMecPRBLEBAMBOREISENSRIAL AVFFVAPFMAODMBAIL, RLMOLHtLH TEM BF. MROHDIS, RAEORLOMANSRR AO KIK BWRUMNFREIAT CRMRRLR BORA BB miBls, PMOARLARA TELM RIETILIV2EE >: ARALEeWRRMRS1 ONE RE- AB: BORABRSINOU CAL ESRALCRMOSIL-ONG 4VF: BO RRMRS 1) SBAROA—A—-EKBALERAEM
Slide 24: Pp Sar He MNReco
Pp Sar He MNReco B PHM RRB KR © HARBA—A—-OBNAEBICGCE—-EOAK YI CMe MARR @ FieMRIKLY,. BABS SHARBMADRVIAA © LRORMNBRMA—A—EHSA. MWR HOT LT RRIIL—bA © HRMCLCVAVOROMR VAPORIRESBMBLAILHEM AIC, RMA EMRE ERM TO MRF SIVPIVIIIMA. PREELAILCO REARS. Et YCORRAILFSSMWRLELCA, MHMRRERLE, SIAR O1S3AR OSS3RE O9S3RH S
Slide 25: RRB MRR AV —-—LADBI KER NiIRec2
RRB MRR AV —-—LADBI KER NiIRec2 BRAMhEBCOL ITT yvI +a RFRBBH (ILL) ORME, NBA RNMLRBI 7 EM BHQRACMMSHBORRICBY,. VIPMASBBT Big hs CRABRERLT FOLARRLT LT, —BRMERMWNAO BRAMALL SMRIX ENR OF HIKES wresge OI sided MEE RA ODRKeE Bites < - a hark © 3 PAWL | Zz Hast 3H PRM AU x — (A COMPS EHO) ANIRECC SRR CORP
Slide 26: PATER A—S — (KEM)
PATER A—S — (KEM) MNRecc THOR ME——AOKRIe MP RMRO BIL AWM MMOMMAR ERIS || REMNANT. || ARCOM TTEWRIC BRL MEARS, RMRRATE || MOTIKERFRMOAMMRE || HBORRISSCTRMEMIEL Biota Afb Ate Tet: SHARC RCIKEY. BM || RMRMOMMOR RAMA AR || SABA EM-MIMAEIT5S H, ERFOMAEEA—A—-O || (=. MOH PAATRAROM || Hh, thet OV c THRILL
Slide 27: PRANK A—S — (REE ARO Fa St — ARTE Hh) M@NRECC
PRANK A—S — (REE ARO Fa St — ARTE Hh) M@NRECC RAPEOL LIP 7 MEAG ASSLT REAASRRODS CRPBO REA Bt BACERAA nn _- —~— PTUPHELAOBAHRCOS || REHMBCOLLIP PI (9rI# || H-LEHR-~ORM(RAAPR, SEMK(SHR)COCRETS #. MHBELE) RHOWR SrPHR, HABER CocHe BAFSHCORMMERR F BiKBSOMR, F Iki—v—\wwe PBI LS HTL SARE (VII BR, BWM SBR
Slide 28: PRANK A—D — (RAIL CORBCTO RAR HLGRMOARTE) rca
PRANK A—D — (RAIL CORBCTO RAR HLGRMOARTE) rca @ EiRtIRACPCLEYY HLEAKOPARRLZOLUTIIUAT, BHRO PREDAOASPAItyb. COLOR AREO RLU FRET AF ORE OE ABD EAMES HE). EERE LFEOFMELARIIHM, MEZALECRET CR, AAR CLERM ML Yt mR. © Ay} 9 —FHEO Bins gee CAARKONMURHMMRES. oy. P9FaAL—Z, AYbO—-JSOBZAMtTHE BID TCHYFELT. SIVOS
Slide 29: LF AVDEAORMERAA (RRB —-RMRE VAL) MNRecc
LF AVDEAORMERAA (RRB —-RMRE VAL) MNRecc @ RARFFORREVAY FOSEBR ME MBMIUBISL. RROLYYVY ERS. © RibRASRISHANTshtOl LTE, POONA RT SMX, REM MMRRS HOM, HBA LY SF ANPILGIFRREHENEIX- LIT {htte Besa PRItPREAS. HRMS MENA TPIS HIBICHAT S. @ Ei —-+RAREISRRAKLUFOULAAYDA- REMOABM REO RIK RY, MIL CHRMAHMCHSELPAMME
Slide 30: ELTAVEAMORMERAA(FOLABR-—-RREVAY) MNREC2
ELTAVEAMORMERAA(FOLABR-—-RREVAY) MNREC2 m POLABKORKREVaY RKOBMERL, REHGMACNREMS. @ HAWS OBO AD HE? BMA YS. TEEDSORBHS-LIAREO DRESS. —ERMBORISAMH CAS. RAK RIX AY 5S i BH at lL HRVENSZVAIMHS. @ —RALILL CUED SOT LT HHORMHEAEMT Stk. BADISYbA—A— AMABILE STI AteBREMSERE CS. BUR APRSO RABAOADIOVIAMHHSN TL
Slide 31: SHRE @NRECco
SHRE @NRECco IzrT7 (web) IY bO—-/LOKREX—-—DA— Webels, RIOMMLAU—)LECT ERT. AYE a—F-AYKI—9 THEA SWeb (HED M) Edie FAH LY ORAEEBI(Y CHRHMEDIION CRY RIT—AMBX, Pav, SEK, MND SHAE CHAD CIDA CHEF. MES. RHP ET RROMACGERREI1 ILL PABEMORMGER l OrIDOKRCRVYRHHNWEF. ewe! ~e THA TLULIRAOSHO BHAIMeT OTHE. Che9r7av
Slide 32: SHRE—FRORZ
SHRE—FRORZ MNrRecc e- ee ee SHELLS FESIV COL —+RMKO FI rep 2 RR HH ERSIYCY—bRORHMAL—AIS 14 LE £ESIVO FOL wi fil RAL, ML (WM RA, LA, BA, BE) TE SRE Pere Ts MILBlt5NSS5I“AYEO— LFS, HX — tH Few. RASht wl RW >i) RA BE EO rEMHh rect =rrvie bambi a ~32~ SHRE-T BREWS M@Nirneco ERGBHECNAR POrAznmee HS i BDO
Slide 33: SHRE—-TEBRRORBLUEA MNRecc
SHRE—-TEBRRORBLUEA MNRecc FORAGR. HATSANAA-PELTO SMA SHMBARALTAEL, KBA—A-—DOORERE RITEASELO MEER AHH RMIS, —LIDMHORRIGMENAVRAPMBRMLORRLEGVE Lik, DrP BRIS, EB W- I 4/L- MH - AL SRA RICA TRL TUES, Yh DOMME DR—HBSHETSCESTEECAM, BAOHBOh—SILERSE=—LAINS.. MBRITISIT AUILERLENSS, byF LIT OMMUET , RLRBRO HIB
Slide 34: BH MNRecc
BH MNRecc atSH—La #83: Fi Ta :042—642-—3111 E-mail: Facebook: http://facebook.com/yasuo.katayama EPR : T192—0032 RR B/E Fh BIBT 2951 —4 HP: http://www.nireco.com/ LS ee UL ee @NRECo ABHMoBREN TWAS, —LAFI—TF (RRKSHO-LIAR UFSHIXMT SicHOMD 4, AAHOCERICHLYT AF FREGIRD SOB ONE HT IL—T OR EEOH [<ASUTHVETF