Capital expenditures for the fiscal year ended March 31, 2013 totaled 43.7 billion yen while depreciation and amortization expenses for the period totaled 20.8 billion yen.
Capital expenditures for the fiscal year exceeded spending in recent years mainly because it included the 14 billion yen purchase of the new Tokyo Headquarters building. Since dark clouds continue to loom over the business horizon, we decided to curb and delay capital spending as much as possible from the latter half of the fiscal year. During the last few years, however, we have expanded our production capacity in growth areas and made investments aimed at recovery in the wake of the Thai floods. Excluding the new Tokyo Headquarters building which was not in the initial 36.0 billion yen plan, spending for the fiscal year actually came to 29.7 billion yen. For the fiscal year ending March 31, 2014, we also plan to keep capital expenditures to a minimum of 20.9 billion yen.
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