Fiscal Year 20192019.4.1～2020.3.31

TOHOKUUNIVERSITYFinancial Report－Digest－

Change of External Funds and Proceeds from grants for operations

0

10,000

FY2014 FY2015 FY2016 FY2017 FY2018 FY2019

20,000

30,000

40,000

50,000

60,000(In millions of Yen)

3,821

11,397

3,7551,295

12,342

16,664

49,277

3,527

12,869

4,0151,077

10,289

13,808

45,58845,588

4,650

14,163

3,8251,145

10,923

11,894

46,60346,603

3,422

15,371

4,2731,345

10,702

7,357

42,474

3,359

14,004

4,719

1,297

10,544

9,199

43,12443,124

3,343

12,725

5,0031,326

10,518

7,674

40,59240,592

46,313 45,603

46,083 44,798

46,04247,033

■Grants■Grants-in-Aid for Scientific Research■Commissioned project■Cooperative research■Commissioned research■Donations　　Grants for operations

Vision 1Vision 1

EducationEducation

Vision 4Vision 4Management

ReformManagement

ReformNurturing Future Leaders via Excellence

in EducationProviding a global perspective and innovative ethos

Nurturing Future Leaders via Excellence

in EducationProviding a global perspective and innovative ethos

Vision 3Vision 3

Co-Creationwith the Community

Co-Creationwith the Community

Creating New Social Values via Synergetic Partnerships Leading

innovation as a university involved in

the community

Creating New Social Values via Synergetic Partnerships Leading

innovation as a university involved in

the community

Creating Social Benefit via Excellence in Education &

Research Innovating university governance with the support of

communities

Vision 2Vision 2

ResearchResearch

Creating Knowledge via Excellence in

ResearchPromoting innova-

tions and pioneering studies

Creating Knowledge via Excellence in

ResearchPromoting innova-

tions and pioneering studies

IndustryCo-Creation

CommunityCollaboration

Presenting theTohoku University Vision 2030,a roadmap for future activities

Tohoku University Vision 2030announced on

November 27, 2018

－－－ Tohoku University Vision 2030 －－－URL https://www.tohoku.ac.jp/en/about/fact_figures.html

　FY 2019 TopicsAs there were no large-scale maintenance projects carried out on facilities in FY 2019, the value of assets decreased due to a depreciation of the value of buildings and of machinery and equipment.Furthermore, gross profits for FY 2019 were down by about 1.6 billion yen compared to the previous year. The reason is that in the previous financial year, there was an extraordinary profit from the sale of the former Amamiya Campus site due to the relocation of the Graduate School of Agriculture.

Tohoku UniversityFinancial Report 2020 (Digest)

〈Contact us〉 Finance Division,Finance Department,Tohoku University 1-1Katahira2-chome,Aobaku,Sendai980-8577JAPAN URL http://www.bureau.tohoku.ac.jp/kessan/report/report.html

TOHOKU UNIVERSITY Fi nanc ial Report

FY 2019Topics

Tohoku University Vision 2030

Collaborate.Innovate.Activate.

Items FY 2019 FY 2018

Assets(Non-current assets)Land 122,125 122,084

Buildings 153,628 161,902

Machinery and equipment 26,169 29,398

Books/Work of art 26,381 26,278

Construction in progress 2,501 854

Investment securities 12,158 1,645Shares of subsidiariesand associates 129 60Other securities of subsidiaries and associates 4,517 4,422

Other 1,361 1,609

(Current assets)

Cash and deposits 33,777 43,967

Accounts receivable 10,917 10,446

(Accounts receivable - student fees 158 166）

( Accounts receivable - universityhospital 7,884 7,706）

(Other accounts receivable 2,874 2,573）

Securities 124 －

Other current assets 769 880

Total (Assets) 394,563 403,551

(In millions of Yen)

Items FY 2019 FY 2018

Liabilities(Non-current liabilities)

Deferred inflow of assets 67,346 68,802

Long-term borrowings 29,733 31,834

Other 12,436 12,143

(Current liabilities)Deferred inflow of grants for operations 1,866 1,431Deferred inflow of donations/Deferred inflow of Sponsored Research 18,990 18,760Current portion of long-term borrowings 3,549 3,433

Accounts payable 15,203 16,607

Other 4,527 4,349

Total (Liabilities ) 153,653 157,363

Net assetsCapital 192,192 192,192

Capital surplus 22,168 28,014

Earned surplus 26,548 25,981

( Reserve funds carried forward from　previous mid-term plan period 19,836 20,064）

(Reserve for specific purposes 1,709 1,501）

(Reserve 3,770 1,551）

(Unappropriated retained earnings 1,232 2,864）

Total (Net assets) 240,910 246,188

Total (Liabilities ,Net assets) 394,563 403,551

Balance Sheet

FY2019

FY2018

FY2017

million Yen0 50,000 100,000 150,000 200,000 250,000 300,000 350,000 400,000 450,000

45,588 394,563394,563348,974

55,295 403,551403,551348,256

40,973 405,361405,361364,387

■Non-current assets　■Current assets

■Non-current liabilities　■Current liabilities

0 50,000 100,000 150,000 200,000million Yen

FY2019

FY2018

FY2017

44,136 153,653109,516

44,582 157,363112,781

51,832 163,006111,173

0 50,000 100,000 150,000 200,000 250,000

FY2019

FY2018

FY2017

million Yen

22,168 26,548 240,910192,192

28,014 25,981 246,188192,192

26,325 23,836 242,354192,192

■Capital　■Capital surplus　■Earned surplus

394,563millionYen

153,653millionYen

240,910millionYen

Assets

Liabilities

Net assets

Income Statement Cash Flow Statement

▶Income statement presents information about the financial performance during a reporting period by presenting all revenue and expenses.

▶The Cash flow statements is a cash basis report and presents each cash inflow and cash outflow of "operating, investing, and financing activities".

▶Operation cost statement presents the burden on citizens to operate national universities. Item Ⅵ indicates the burden on citizens by our university.

(In millions of Yen)

Items FY 2019 FY 2018 Items FY 2019 FY 2018

Ordinary expenses Ordinary revenue

Education 5,855 6,068 Grants for operations 43,848 43,116

Research 19,498 22,336 Student fees 10,807 10,843

Medical service 28,177 26,860 Revenue of university hospital 42,365 40,036

Support for education and research 3,221 3,238 Sponsored research

/Donations 21,829 23,539

Sponsored research 15,077 16,804 Other grants 7,080 8,243

Personnel expenses 60,494 59,699 Grants for facilities 448 255

General administration 4,009 3,718 Decreases in deferred inflow of assets 6,835 9,124

Finance costs 518 362 Other 4,601 4,132

Other 1 0

Ordinary expenses Total 136,854 139,088 Ordinary revenue Total 137,818 139,291

Extraordinary loss 289 135 Extraordinary profit 253 2,502

Gross profit 1,232 2,864 Reversal of reserve for specific purposes 305 294

Ordinaryexpenses

Ordinaryrevenue

Revenue ofuniversity hospital31％

Other 3％

Grants for facilities 0％

Other grants 5％

Sponsoredresearch /Donations16％

Grants foroperations 32％

Decreases indeferred inflowof assets 5％

Studentfees8％

Finance costs0％

Generaladministration3％

Other 0％

Personnelexpenses44％

Support foreducation andresearch 2％

Sponsored research 11％

Research 14％

Education 5％

Medicalservice21％

Ordinary expenses

136,854 million Yen2,234 million Yen (decrease from FY 2018)

Ordinary revenue

137,818 million Yen1,473 million Yen (decrease from FY 2018)

Items FY 2019 FY 2018

Ⅰ Cash flows from operating activities　Payments for property expenses and personnel expenses　 Proceeds from grants for operations and proceeds from

University Hospital and proceeds from student fees

13,151 11,561

Ⅱ Cash flows from investing activities　 Expenditure (or income) from the acquisition (or

redemption) of securities　Payments for the purchase of assets

▲17,772 9,576

Ⅲ Cash flows from financing activities　Proceeds from long-term borrowings, and repayments　Repayment of finance lease liabilities

▲5,568 ▲ 5,915

Ⅳ Effect of exchange rate change on cash

Ⅴ Net increase in cash

Ⅵ Cash at beginning of period

▲0

▲ 10,190

43,967

0

15,222

28,745

Ⅶ Cash at end of period 33,777 43,967

(In millions of Yen)

▶Balance sheet presents information about the financial position on the reporting date by presenting all assets, liabilities and net assets.

▶This statement presents information about the appropriation of unappropriated retained earnings.

Statement of Appropriation of Earned Surplus(In millions of Yen)

FY 2019 FY 2018

Ⅰ Unappropriated retained earnings　Gross profit 1,232 2,864

Ⅱ Appropriated amount 　Reserve 　Reserve for specific purposes

191,212

2,219645

Items FY 2019 FY 2018

Ⅰ Operating expenses Expenses in income statement(Deduction) Non-subsidy revenue,etc

57,390 58,191

Ⅱ Depreciation expense not included in income statemⅢ Increase of estimated bonuses not included in income statement

7,723

▲ 155

▲ 495

507

Ⅳ Opportunity cost 306 360

Ⅴ (Deduction) Amount paid to the national treasury － －

Ⅵ Operation cost 65,264 58,564

(In millions of Yen)Operation Cost Statement

TOHOKU UNIVERSITY Finansial Report －Digest－

8,988millionYen(decreasefromFY2018)

3,710millionYen(decreasefromFY2018)

5,278millionYen(decreasefromFY2018)

TOHOKU UNIVERSITY Fi nanc ial Report