KYOCERA Announces Consolidated Financial Results For Year Ended March 31, 2012

Kyocera Corporation (NYSE:KYO)(TOKYO:6971) today announced its consolidated financial results for the fiscal year ended March 31, 2012, as summarized below. Complete details are available at: http://global.kyocera.com/ir/financial/f_results.html

Financial Results: Years Ended March 31
Unit: Millions (except percentages and per-share amounts)
		Years Ended March 31
		2011(FY11)in JPY		2012(FY12)in JPY		Increase(Decrease)				2012(FY12)in USD		2012(FY12)in EUR
						Amountin JPY		%
Net sales		1,266,924		1,190,870		(76,054)		(6.0)		14,523		10,826
Profit from operations		155,924		105,575		(50,349)		(32.3)		1,288		960
Income before income taxes		172,332		122,793		(49,539)		(28.7)		1,497		1,116
Net income attributable toshareholders of KyoceraCorporation		122,448		82,901		(39,547)		(32.3)		1,011		754
Diluted earnings per shareattributable to shareholdersof Kyocera Corporation		667.23		451.90		-		-		5.51		4.11

Note: As a convenience to the reader, U.S. dollar (USD) and euro (EUR) conversions are provided based on the rates of USD1 = JPY82 and EUR1 = JPY110, rounded to the nearest unit.

Summary of Consolidated Financial ResultsWhile sales and operating profit increased in some reporting segments during the year ended March 31, 2012 ("the period"), these gains were not sufficient to offset the negative impact of other factors influencing Kyocera's consolidated results — including the yen's continued appreciation against the euro and U.S. dollar; weak demand for components used in consumer electronic equipment; and a decline in sales of mobile phones. Consequently, Kyocera's overall results declined during the period in comparison with the year ended March 31, 2011 ("the prior period").

Specifically, consolidated net sales for the period decreased 6.0% compared to the prior period, to JPY1,190,870 (USD14,523) million; profit from operations decreased 32.3%, to JPY105,575 (USD1,288) million; income before income taxes decreased 28.7%, to JPY122,793 (USD1,497) million; and net income attributable to shareholders of Kyocera Corporation decreased 32.3%, to JPY82,901 (USD1,011) million.

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