Summary of Consolidated Full Year Results for 2011

(Segment Information)
1. Outline of business segments reported
Segregated financial statements for the Group’s reporting segments out of our structural units are available. The board of
directors regularly reviews the statements to determine the distribution of management resources and evaluate financial
results.
The Group mainly manufactures and sells oil products and energy related products, such as solar cell products and
electricity. The Company and consolidated subsidiaries separately draft comprehensive strategies and conduct business
activities for products and services they handle as individual management units.
The Group therefore consists of segments sorted by products and services that each segment handles and thus the Group
designates two segments: the oil business and the energy solution business as reporting segments. And the businesses
which are not included in reporting segments are aggregated in Others.
The Oil business segment manufactures and sells oil products, such as gasoline, naphtha, kerosene, diesel oil, fuel oil,
lubricants, LPG, bitumen, and chemicals. The Energy solution business segment manufactures and sells solar cell
modules and electricity.
2. Method of calculating sales and income (loss), identifiable assets, and other items by business
segment reported
Accounting method for business segment reported is the same as presentations on “Basis of presenting consolidated financial
statements.”
Income by business segments reported are calculated based on operating income.
3. Information on sales and income (loss) by business segment reported
Year to date of 2010 (From 1 January to 31 December 2010)
Sales
Oil business
Energy
Solution
Business
Subtotal Others Total Adjustment
(Unit: Million Yen)
Consolidated
(1) Sales to customers 2,304,019 28,863 2,332,882 13,198 2,346,081 - 2,346,081
(2) Inter-segment sales and
transfers
2,268 4,554 6,822 3,448 10,271 (10,271) -
Total 2,306,287 33,418 2,339,705 16,647 2,356,352 (10,271) 2,346,081
Operating
Income/(loss)
45,569 (11,581) 33,987 2,718 36,705 (4) 36,701
Other items
Assets 1,031,598 133,625 1,165,223 42,917 1,208,141 (14,992) 1,193,149
Depreciation expense 28,216 4,963 33,180 768 33,949 - 33,949
Amortization of
Goodwill
Equity in net earnings
of affiliates
510 (28) 481 (1,844) (1,363) - (1,363)
720 (8) 711 - 711 - 711
Impairment loss 3,075 2,205 5,280 - 5,280 - 5,280
Unamortized amount of
Goodwill
234 (144) 90 - 90 - 90
Capital Expenditures 21,823 63,735 85,559 60 85,620 - 85,620
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