The University of Tsukuba Fiscal Year 2013 Financial

The University of Tsukuba

Fiscal Year 2013Financial Management Report

TheUniversityofTsukubamakesgreatereffortstosearchfor

truth,tocreatewisdomwhichgeneratesinnovationandto

developglobalhumanresourceswhichleadit.Itisamajor

responsibilityofouruniversity,asanationaluniversity

corporation,toprovidehighlytransparentearningsinformationto

everyonewhosupportsoperationsofouruniversity,bothwithin

andoutsideourinstitution,sothatthesituationwithour

operationsiswellunderstood.

Therefore,wehavebeenpreparingfinancialreportsinorderto

provideeasytounderstandexplanationsandtofostergreater

understandingofourearningsinformation.Thisfinancialreport

basicallyconsistsofintroductionofoutlineofthereferredfiscal

PresidentoftheUniversityofTsukuba

KyosukeNagata

Message from the President

year,reportstoeverysupporteroftheUniversityofTsukuba(explanationtoourstakeholders),analysesand

commentsofourfinancialstatements.Itanalyzesyear-to-yearcomparisonregardingoureducation,research,

medicalserviceandsocialactivities,aswellasexpensesandotherdetailsofconstituentitemsofthereferredfiscal

year.

Inaddition,weaddedapageforourlaboratoryschoolstoFinancial ManagementReportoffiscalyear2013 inorder

toprovidedeeperinformationoftheUniversityofTsukuba.

Goingforward,wearewillingtoenhancethisreportandatthesametime,reflectearningsinformationonour

managementandoperations.Bydoingso,wewillstrivetofurtherenhanceandadvanceoureducationandresearch

activitiesandtorealizeautonomousandstrategicoperations.

【Points to note of reading this report】

The figures less than the unit are rounded off in each table.

Therefore, the total may not match the sum.

【Detailed information pertaining to Earnings】

Please refer to the Financial Statements for details of Earnings in

fiscal year 2013.

You can download this report.

http://www.tsukuba.ac.jp/public/misc/info_zaimu25.html

C o n t e n t s

Outline of Fiscal Year 201303 | Major Events (Topics)

05 | Financial Highlights for Fiscal Year 2013

06 | Earnings of National University Corporations

For the Supporters of the University of Tsukuba07 | For Domestic People

08 | For Our Students and Prospective Students

10 | For Our Students and Prospective Students at the

laboratory schools

11 | For Our Clients at the University Hospital

14 | For Corporations

17 | For Our Regional Community

18 | For Our Alumni

19 | For Our Faculty Members

Financial Statements in Fiscal Year 201321 | Balance Sheet (B/S)

23 | Profit and Loss Statement (P/L)

25 | Cash Flow Statement (C/F)

26 | National University Corporation Business Operation

Cost Statement (O/C)

27 | Statement on Appropriation of Retained Surplus or

Disposition of Loss (draft)

28 | Earnings Statement

Financial Information pertaining to Management29 | On Operating Expenses

30 | On Profits or Loss

31 | On External Funds

33 | On Funds

34 | On Fixed Assets

35 | Financial Indicator Analyses

Major Events (Topics)

■Our students makes superior achievements

at the 27th Summer Universiade in Kazan

■Commemoration of the 40th + 101st

Anniversary of the University of Tsukuba■President Nagata joins Prime Minister Abe on an Economic Mission to Africa

■Our women’s soccer team wins the second prize for the first time in the All Japan University Women's Football Tournament

OnSeptember30th andOctober1st,The40th +101st Anniversaryofthe

UniversityofTsukubainternationalsymposiumandcelebrationwere

heldattheUniversityHall.

Ouruniversity’shistorydatesbacktoitsfoundingasthefirstJapanese

“NormalSchool”in1872.Basedon101yearsofitslongtraditionand

achievementsinceitsfounding,inOctober1973,ouruniversitymadea

newstartasa“Universitywithanewvision.”Furthermore,our

universitycommemoratedits40th anniversary.

Ouruniversityevolvesfroma“Universitywithanewvision”intoa

“Universitywithfuture.”Wewillcreatethefutureandactgloballyasa

globaluniversityundertheslogan“IMAGINETHEFUTURE.”

From July6th to17th,the27th SummerUniversiadewasheldinKazan,

Russia.

Atotalof17studentsinouruniversityattended12eventsandfinished

withbrilliantresultsof5goldmedalsand3bronzemedals.

TheUniversiadeistheworld’slargestsportsfestivalofstudentsheld

everytwoyears.Itisalsocalledas“theOlympicgamesofstudents.”

Ourwomen'ssoccerteamwonthesecondprizeforthefirsttimesince

itsfoundinginthe22nd AllJapanUniversityWomen'sFootball

TournamentheldfromDecember25th toJanuary19th.

Inthefinal,ourteamplayedwithKibiInternationalUniversity,the

onlyuniversitywhichparticipatesinNadeshikoleague.Goinginto

extratime,thegamegotheated.

Ourteamalsoactivelyworkingoncontributiontoregionalcommunity

suchasgirlssoccerschoolforelementaryschoolgirlsinthecityof

Tsukuba.

FromJanuary9th to14th,PresidentKyosukeNagataaccompanied

PrimeMinisterAbeonhiseconomicmissiontothreeAfricancountries

(Côted'Ivoire,MozambiqueandEthiopia)asarepresentativeof

Japan'seducationalandacademiccircles.

Representingthemission,PresidentNagatagaveanaddressonthe

importanceofinvestinginhumanresourcedevelopmentandtherole

ofuniversitiesintheABEInitiativeintheJapan-Ethiopia Leaders

Summit.

(Fromtheright:EthiopianPrimeMinisterHailemariam,Prime

MinisterAbe,PresidentNagata)

_______________________ 03 University of Tsukuba

Outline of Fiscal Year 2013

■The University of Tsukuba European Office in Bordeaux established

■The Tsukuba-city Birth Center opens■Ph. D. Program in Empowerment Informatics selected

■Liaison office based on the cooperation agreement with the National Institute of Fitness and Sports in Kanoya and JSC established

OnSeptember1st,theUniversityofTsukubaHospitalstartedtoaccept

togivebirthbyusingthemidwiferysystem“Tsukuba-cityBirth

Center”mainlysupportedbymidwivesunderthecooperationwiththe

cityofTsukubasothat pregnantwomenintheregionalcommunity

canindependentlygivebirthandbringupchildren.

Thiscenterwas establishedbasedonagreementontheestablishment

of“TsukubaCityEndowedCourseonPerinatalMedicine” concludedon

March29th,2013,aimingtobringup doctorsandmidwiveswhoare

takingthecentralroleinperinatalcareinthefutureandtoimprove

perinatalmedicalsystemintheregionalarea.

OuruniversityconcludedacooperationagreementwiththeNational

InstituteofFitnessandSportsinKanoyaandJSC(JapanSports

Council),aimingto“setupacooperativeprogramofphysical

educationandsports,”undertheprojectforPromotingthe

EnhancementofNationalUniversityReform.

Infiscalyear2013,aspromotionofworkforthecooperativeprogram,

weestablishedaliaisonofficeinTokyo Campusaswellasholdingan

internationalsymposiumandexaminationofopeningcooperative

degreeprograms.

The“Ph.D.PrograminEmpowermentInformatics”ofouruniversity

wasselectedforthe“ProgramforLeadingGraduateSchools”infiscal

year2013bytheMinistryofEducation,Culture,Sports,Scienceand

Technology.

“EmpowermentInformatics”isnewly setupas“Informaticsfor

EmpoweringPeople,”uniquehumaninformaticsof ouruniversity.

ThisprogramislocatedattheSchoolofIntegrativeandGlobalMajors

asaninterdisciplinaryprogramandbringsupgloballeaders active

overindustry-academia-governmentfields beyondthetraditional

academia.

OnOctober24th,theopeningceremonyfortheUniversityofTsukuba

EuropeanOfficeinBordeauxwasheldatourpartneruniversity,

BordeauxSegalenUniversity,inFrance.

Theofficeisexpectednotonlytoencourageresearchandstudent

exchangesbutalsotobeanactivitygroundforinternationalexchanges

inandaroundFrance.

_______________________University of Tsukuba 04


(In millions of yen) (In millions of yen)

600115

4177

579

ItemOrdinary Expenses

Education Expenses

Research Expenses

Medical Service ExpensesSponsored Research / SponsoredOperations ExpensesPersonnel ExpensesGeneral Administrative Expenses

Ordinary IncomeManagement Expenses Grants Income

Student Fee Income

University Hospital Income

FY 201283,720

6,1867,809

16,4084,207

43,0752,592

82,921Marketable Securities

LiabilitiesPer Contra Liabilities for PropertyAcquisition

Long-term BorrowingsManagement Expenses Grants Liabilities

27,6673,720

23,2542,420

619

Subsidies Deposited

Donation Liabilities

PFI Liabilities

Accounts Payable

ItemAssets

Land

BuildingsTools, Furniture and Fixtures

Books

Investment in Securities

Cash and Deposits

Accounts Receivable

FY 201389,708

7,2208,936

18,7554,603

43,8572,636

88,276

2603,676

30,70510,998

283,413232,826

45,237

FY 2012399,893249,374

90,35917,452

9,9042,8047,4685,381

116,48027,305

913,662

28,60211,489

289,306232,416

53,749

FY 2013404,149248,553

93,75019,838

9,9283,2028,9486,000

114,84432,104

5) 789 789 1,368 579Unappropriated Retained Surplus (orUndisposed Loss) at the end of the term

540 33123663Appropriated Surplus 44 1,368

Reduction of Reserve Funds Brought Forwardfrom Previous Mid-Term Plan Period

Gross Profit (Loss)

8818,513

3,3914,271Reserve Funds Brought Forward fromPrevious Mid-Term Plan Period

48 8

491 4) 411

5,892 463

68137

6833

Net AssetsGovernment Investment

Capital Surplus

Casualty Loss 559Extraordinary Profit

Management Expenses Grants Income(for casualty loss)Reversal of Per Contra Liabilities forProperty Acquisition

9,25526,185

344490 19

2,102 14

170 195 634

1,828 1,432

27946

Donation Income

Ordinary ProfitExtraordinary Loss

Loss on Retirement of Fixed Assets

1,633 799624

65

3566,70011,500 35,68336,039

○ Points of Earnings in fiscal year 2013

446 1,300 3) 4,413

897

1884,799 3,485

1,636

5,1333,726

Sponsored Research / SponsoredOperations IncomeSubsidy Income

9,44322,700

4,6872,829

Financial Highlights for Fiscal Year 2013

■Summary of B/S ■Summary of P/L

Change Change4,256 5,988

7821,481 44

398

2,34724 396

2,386

1,0333,391 2) 1,127

821 1)

5,355 4,800

Details are reported on page 21 Details are reported on page 23

4) RecordofCasualtyLossaccordingtotheGreatEastJapanEarthquake

Disaster

Infiscalyear2013,68millionyenasCasualtyLosswasrecordedfor

expensesforrepairworksontheCentralGymnasiumandtheTandem

acceleratorintheResearchFacilityCenterforScienceandTechnology.

(Restorationofallfacilitiestotheiroriginalstatesisgoingtobecompleted

bydeliveryoftheTandemacceleratorinfiscalyear2014.)

1) SaleofTakezonoStaffResidenceHallsVacant

Lot

Landdecreasedby821millionyenandCapital

(GovernmentInvestment)decreasedby411

millionyenduetosaleofTakezonostaffresidence

hallsvacantlot(8,262.17m2).

2) CompletionoftheCentralGymnasium

1,558millionyenasBuilding,336million

yenasBuildingFixturesand48millionyen

asStructureswere recorded dueto

completionoftheCentralGymnasium,

whichwasstartedinfiscalyear2011.

3) CarriedforwardofManagementExpenses

Grants

OnManagementExpensesGrants,3,720million

yenwasbroughtforwardfromfiscalyear2012

and40,378millionyenwasgrantedinfiscalyear

2013.Ofthese,2,420millionyenwascarried

forwardtofiscalyear2014.

(Pleasereferto“ManagementExpensesGrants

Liabilities” onpage22fordetails.)

5) RecordofGrossLoss

Infiscalyear2013,GrossProfit(Loss)was▲1,368millionyen.

MaincausesoftheLossarerepaircostfortroublewithprotonbeam

treatmentfacilityintheuniversityhospitalanddecrease inincomedueto

controlofthenumberofpatientsduringtheperiodofthetrouble.

(Pleaserefertopage30fordetailsoffactorsoftheLoss.)

*Onlymainitemsarementioned.*Thenumbersbythetablecorrespondto“PointsofEarningsinfiscalyear2013”below.



Earnings of National University Corporations

■Statements Pertaining to Earnings

■Unique Accounting Treatment (an Example)

NationaluniversitycorporationsprepareFinancial

statementsfollowingtheAccountingStandardsforNational

UniversityCorporationsbasedonbusinessaccounting.

Furthermore,universitiesalsopreparestatementsnot

requiredinbusinessaccountingsuchasNationalUniversity

CorporationBusinessOperationCostStatement,which

showstheburdenshareoftheJapanese peoplefor

universitycorporation’soperations,andEarningsStatement

basedongovernmentalaccounting.

Theprincipaloperationsofeducationandresearcharenot

for-profit,unlikecorporations,thereforeuniqueaccounting

treatmentisappliedfortheexpensesemergedforthose.

Scheme of Financial Statements

1) Balance Sheet (B/S)

Statementthatdisclosesthefinancial

situationbydescribingallAssets,Liabilities,

NetAssets(Capital)oftheuniversityasofthe

settlementdate(theendofthefiscalyear).

2) Profit and Loss Statement (P/L)

Statementthatshowssituationwith

operationsoftheuniversitybymatching

incomeandexpensesrequiredfromthe

respectivegoalsineducation,researchand

etc.anddisclosestheprofitgained.

3) Cash Flow Statement (C/F)

Afinancialstatementreportedinthethree

segmentsofoperatingactivities,investing

activitiesandfinancingactivities,todisclose

thecashflowsituationduringanaccounting

period.

4) National University Corporation Business Operation Cost Statement (O/C)

Afinancialstatementshowingtheamount

burdenedbytheJapanesepeoplefor

operatinganationaluniversitycorporation.

5) Statement on Appropriation of Retained Surplus or Disposition of Loss (draft)

CalculatedbysubtractingDeficitBrought

OverfromGrossProfit(orGrossLoss)

calculatedinProfitandLossStatement.

Preparedtoshowdetailsoftheappropriation

(ordisposition)ofUnappropriatedRetained

Surplus(orUndisposedLoss).

○ Earnings Statement

Statementthatreportssituationwith

operations,followingthegovernmental

accountingstandards,withcashbasisasthe

basebutpartiallyadoptingaccrualbasis

takingtheideaoftransferconsolidation

periodsintoconsideration,andbymakinga

comparisonwiththeannualbudget.

Nationaluniversitycorporationsarenotfor-profit,

thereforeManagementExpensesGrantsfromthenational

governmentandTuitionFeesfromthestudentsare

receivedasliabilities,andthe obligationstooperate

educationandresercharegenerated.Iffacilitiesare

acquiredusingManagementExpensesGrantsandtuition

fees, thereisnomatchingincomeforDepreciation

Expensesforfacilities. Therefore,matchingincomeis

recordedas“ReversalofPerContraLiabilitiesfor

PropertyAcquisition” tobalancetheincomeand

Depreciation

(expenses)

20

Profit 5

Sales

25

Salesarerecorded.Ifsalesarelarger,

therewillbeaprofit;ifsalesare

smaller,therewillbealoss.

Depreciation

(expenses)

20

Reversal of Per Contra Liabilities for Property Acquisition

(income) 20

＝

Inordertobalancetheincomeandexpenses,anincomeof“ReversalofPerContraLiabilities”isrecordedinthesameamountastheexpenses.

Private Enterprise

National University Corporation

1) Balance Sheet 2) Profit and Loss Statement

3) Cash Flow Statement

4) National University Corporation Business Operation Cost Statement

Income fromManagement

Expenses Grants

National UniversityCorporation Business

Operation Costs

Cash and Deposits(included number)

Unappropriated RetainedSurplus at the end of the term

5) Statement on Appropriation of Retained Surplus (or Disposition of Loss)

Net Assets

Other（Opportunity Cost）Gross Profit

(included number)

[ Financial situation as of the end of thefiscal year]

[ Administrative performance during anaccounting period]

[ Costs that are covered by the Japanesepeople]

Assets Liabi li ties Expenses

Closing Balance Initial Balance(included number)

(included number)Expenditures Revenue Appropriated Surplus, etc.

Income from Non-subsidy Revenue

Expenses Income from Non-subsidy Revenue

[ Detai ls of the Unappropriated Retained Surplus (orUndisposed Loss)]

[ Flow of cash during an accounting period]Amount approriated (disposed)

_______________________ University of Tsukuba 06


* Population is estimated population as of October 1st, 2013, Bureau of Statistics, Ministry of Internal Affairs and Communications

■Disaster Restoration Expenses from the Great East Japan Earthquake Disaster

Costs : approx. 51.7 billion yen

Population : approx. 127.298 million

For Domestic People

■Management Expenses Grants

■Facility Expenses

■Costs borne by the Japanese people

= Business Operation Costs / Population

ManagementExpensesGrantsareprovidedbythenational

governmentforexpensesrelatedtotheoperationofnational

universitycorporations.Infiscalyear2013,wereceived

approximately40.4billionyeninManagementExpensesGrants.This

accountedforabout39%oftheentirerevenue.

Non-Subsidy Revenue(Tuition Fee / University Hospital Revenue, etc.)

Management Expenses Grants

Expenditures for Education, Research, Medical Service, etc.

Revenue Expenditures

FacilitiesMaintenanceGrantsfromthenationalgovernmentand

GrantsforFacilityfromtheCenterforNationalUniversityFinanceand

Managementareprovidedforexpensesrelatedtomaintenanceof

facilitiesinnationaluniversities.Thesefundsareprovidedwith

restrictionsonitsusesuchasforconstructionoffacilities.Infiscalyear

2013,wereceivedapproximately11.0billionyenintheseGrants.This

accountedforabout11%oftheentirerevenue.

AsapartoftheManagementExpensesandFacilityExpenses

mentionedabove,asupplementarybudgetwasarrangedforusasa

suffererofdamagesfromtheGreatEastJapanEarthquakedisaster.

Withthesefinancialsupports,theCentralGymnasium(theformer

name:Multi-purposeGymnasium)wascompletedinfiscalyear2013.

Asaresult,allfacilitiesexceptfortheTandemacceleratorinthe

ResearchFacilityCenterforScienceand Technologywererestoredto

theiroriginalstates.

TheTandemacceleratorisgoingtobedeliveredinfiscalyear2014.

“NationalUniversityCorporationsBusinessOperationCostStatement”

ispreparedundertheAccountingStandardsforNationalUniversity

CorporationsinordertodisclosehowmuchtheJapanesepeoplebear

foractivitiesofuniversities.Thisstatementisbasedonthecostsin

ProfitandLossStatement,addingcostswhicharenotrecordedin

ProfitandLossStatementbutareultimatelybornebytheJapanese

peopleinthebroadsenseandexcludingNon-SubsidyRevenuesuchas

tuitionwhichisnotdirectlybornebytheJapanesepeople.

ForthebreakdownofBusinessOperationCosts,pleaserefertothe

NationalUniversityCorporationsBusinessOperationCostStatement

onpage26.

Per Capita Costapprox. 406 yen

(the upper: outward view of the Central Gymnasium)(the lower: basketball court)

[cf.] Figure reported in fiscal year 2012: approx. 387 yen


For the Supporters of the University of Tsukuba

■The University Library

* Examination Fee of transfer admission is 30,000 yen

30,00030,000

282,000282,000

17,000535,800804,000

ClassificationFaculty (Excludes School of Medicine and MedicalSciences) 535,800 282,000Graduate School / School of Medicine and MedicalSciences

Law School

(In yen)Unit Price of Payment by Students in Fiscal Year 2013

■Admission Fees / Tuition Exemption

Examination FeeTuition Admission Fee

23,044,62913,231,384Personnel expenses

Total

Admission Fees / Tuition Exemption Approved

1,417,5852,522,7125,872,947Education expenses

Education and research support expensesAmount equivalent to depreciation not recorded in P/L

For Our Students and Prospective Students

■Education Related Expenses

FY 2013Expenses ClassificationBreakdown of Education Related Expenses (In thousands of yen)

Totalexpensesrelatedtoeducation(EducationRelatedExpenses)are

approximately23.0billionyen.

[EducationExpenses]

Expensesrequiredforeducationforstudentssuchasclassesandextracurricularactivities

[EducationandResearchSupportExpenses]

Expensesrelatedtosupportingorganizationssuchastheuniversitylibrariesandthe

AcademicComputing&CommunicationsCenter

[AmountEquivalenttoDepreciationnotrecordedinP/L]

Expensesnotrecordedin P/L appliedfordepreciationofeducationalassetswhichwere

acquiredusingassetsinvestedfromthenationalgovernment,FacilityExpensesor

AppropriatedSurplus

[PersonnelExpenses]

Ahalfofwhichiscalculatedasexpensesrequiredforeducation

Inaddition,otherexpensessuchasResearchRelatedExpensesandexpenses

formaintenanceofourcampusforenhancementofeducationalenvironment

arealsocloselyrelatedtoprovidingEducation.

Education Related Expenses

approx. 1.40 million yen per student

= Education Related Expenses / The number of students

Actual number of students in FY 2013 : 16,422[cf.] Figure reported in FY 2012 : approx. 1.33 million yen

Weofferprogramstowaiveallorapartofadmissionfeesortuitionto

studentswhohavedifficultypayingduetofinancialproblemsorother

inevitablereasonsandwhoexcelatstudies.

Infiscalyear2013,weprovidedatotalof40,721thousandyenofadmission

feesexemptionfor245studentsand967,886thousandyenoftuition

exemptionfor2,727students.Boththeamountofexemptionandtheratioof

exemptionrosebyexpandingquotasfortheexemptionandprovidingspecial

exemptionforstudentswhosufferedfromtheGreatEastJapanEarthquake

disaster(83,134thousandyenfor146students).

746,978

845,498

967,886

40,721 37,788 40,721

10.1%10.8%

12.7%

3.1% 2.9% 3.0%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

18.0%

20.0%

0

200,000

400,000

600,000

800,000

1,000,000

1,200,000

FY 2011 FY 2012 FY 2013

Amount of Tuition ExemptionAmount of Admission Fees ExemptionRatio of Tuition ExemptionRatio of Admission Fees Exemption

(thousand yen)

Ratio of Tuition Exemption (%) = Amount of Tuition Exemption / Tuition Income

OuruniversitylibrariesconsistoftheCentralLibraryandfourspecialized

libraries(ArtandPhysicalEducationLibrary,MedicalLibrary,Libraryon

LibraryandInformationScienceandOtsukaLibrary).Theyaremanagedunder

aunifiedadministrativesystem.Thelibrarywebsiteprovideselectronic

journalsanddatabase,as wellasitoffersservicessuchasupdatesof

borrowingperiods,booksreservationsandrequestsforcopiesofliteraturesin

otheruniversities.Attheendoffiscalyear2013,ouruniversitylibraries

ownedapproximately2.64millionbooks,whichwereworthapproximately9.9

billionyen.

The Number of Books

approx. 161 books per student

= The number of books / The number of students

Actual number of students in FY 2013 : 16,422[cf.] Figure reported in FY 2012 : approx. 159 books



For Our Students and Prospective Students

■Remodeling Student Residence Halls

■Promotion of International Exchange

■The University of Tsukuba Student Scholarship “The Tsukuba Scholarship”

Scholarship Paid and International Students, etc.

Ouruniversityhasstudentresidencefacilitieswhichconsistof60residencehallswith

atotalcapacityofapproximately4,000 students overfourdistrictsofHirasuna,

Oikoshi,Ichinoya,andKasuga.Itaccountsforabout10%ofstudentdormitoriesofall

nationaluniversities.Usually,about60%ofstudentsfromabroadandabout60%of

freshpeopleliveinstudentresidencehalls.

Wehavebeenremodeling25buildinginfive-year-plansincefiscalyear2009.Infiscal

year2013,thefinalyearoftheplan,werepairedchambers,commonspace,heating

systemandwallsandwaterproofedroofsofOikoshiandIchinoyaresidencehalls.

Weaimtoimprovethelevelofacademicresearchandtobringuphumanresources

withaninternationaloutlookbyinternationalacademicexchanges.AsofMarch31st,

2014,wehadatotalof259agreements,consistingof97universityexchange

agreementsand162departmentexchangeagreements,in60countries(areas).Weare

alsopromotingtosendandreceivestudentsandteacherstoandfromabroad.

InApril2013,weestablishedtheGlobalCommons.Wearemaking effortstoenhance

thesupportingsystemonascaleofwholeouruniversityinordertopromoteprojects

forinternationalizationsuchastheProjectforEstablishingUniversityNetworkfor

Internationalization(theGlobal30;fromfiscalyear2009-2013;196millionyenin

fiscalyear2013)andtheProjectforPromotionofGlobal HumanResource

Development(fromfiscalyear2012-2016;90millionyeninfiscalyear2013),which

areselectedbytheMinistryofEducation,Culture,Sports,ScienceandTechnology.

Settingupthe“StudentCommons”which functionsasacommonlearningspacefor

Japaneseandinternationalstudentswhoarefromvariouscountriesandhavedifferent

fields,weprovideanenvironmentwhere“internationalizationispartofeverydaylife.”

Furthermore,inordertocreateanenvironmentwhereourcampusfunctionsasa

“placetolearntheworld,” weareworkingontheTSUKUBAStudyAbroadProgram,

whichconsistsofGlobalsubjectsandcurriculumsforstudyingabroad,supportfor

studentsfromandstudyingabroad,supervisionoverpeoplegoingabroadfortheir

safety,andetc.

64,690

68,82170,288

2,089 2,1202,336

459 504657

0

1,000

2,000

3,000

4,000

50,000

60,000

70,000

80,000

90,000

FY 2011 FY 2012 FY 2013

Scholarship paid

International students received

Study abroadTheTsukubaScholarshipisaprogramtoprovidefinancialsupportforstudentsfrom

abroad,supportforstudentsgoingstudyabroad,andemergencystudentloansby

effortstowardinternationalizationsuchastheGlobal30.Aimingtosecurean

environmentwhichenablesstudentstoconcentrateontheirstudies,wesupportthem

withthisourownscholarshipprogramfundedbyourNon-SubsidyRevenue.

Infiscalyear2013,weprovided70,288thousandyenfor216studentsbyexpanding

quotasforthesupportforinternationalstudentsinUndergraduateEnglishCourse

ProgramsandthesupportforShort-termOverseasProgramsforJapanesestudents.

(persons)(thousand yen)

student residence hallsafter repaired(outward view of a building of Oikoshi residence halls, dining hall in Hirasuna residence halls and general single room)

Student Commons (in 1A building)

signing ceremony for a university exchange agreement with l'Université de Grenoble

_______________________09 University of Tsukuba


For Our Laboratory School Students and Prospective Students

■Laboratory SchoolsBreakdown of Education Related Expenses(in laboratory schools) (In thousands of yen)

■Super Global High School (SGH) Program

6,951,458Personnel expensesAmount equivalent to depreciation not recorded in P/L

Expenses ClassificationEducation expenses

■Super Science High Schools (SSHs)

FY 2013950,062216,326

5,785,070Total

Education Related Expenses

approx. 1.61 million yen per student

= Education Related Expenses / The number of students

Actual number of students in FY 2013 : 4,324

Wehave11laboratoryschoolsintheTokyometropolitanarea.

Inelementary,juniorhighandseniorhighschool,atotalof6schoolsinTokyo

andSaitamaprefecture,weprovideeducationattachingimportancetonotonly

scholasticabilitybutalsogeneralabilityincludingcompetencetosolve

problemsandcompetenceincommunicationwhicharerequiredinthereal

worldintheschooltraditionoflibertyandautonomy.

Inspecialneedseducationschools,atotalof5schoolsinTokyo,Kanagawaand

Chibaprefecture,weacceptchildrenandstudentswithdifferentdisabilities

suchasvisualimpairment,deaf,mentaldisabilities,physicaldisabilitiesand

autism.Weaimtobringupindependentpeoplewhocanactivelyjointhesocial

communitybyprovidingeducationthatsuitseachone'sstateandgrowth

stage.

Totalexpensesrelatedtoeducation(EducationRelatedExpenses)in11

laboratory schools areapproximately7.0billionyen.

InMarch2014,SeniorHighSchoolatOtsukaandSeniorHighSchoolatSakadowere

selectedforthe“SuperGlobalHighSchool(SGH)Program” bytheMinistryof

Education,Culture,Sports,ScienceandTechnology.

Thisprogram,for5yearsfromfiscalyear2014,promotesdevelopmentandpracticeof

sophisticatedcurriculumsaswellasenhancementofsystemsforthoseuponselecting

highschoolswhichworkonbringingupgloballeadersincollaborationwith

internationalorganizationsandcompanies.

SeniorHighSchoolatOtsuka,beingselectedasthechiefsecretaryof56selected

schoolsand54associateselectedschoolsalloverJapan,leadspromotionofthis

program. High School International ESD Symposium(in Senior High School at Sakado)

Sincefiscalyear2002,beingselectedasa“SuperScienceHighSchool” bytheMinistry

ofEducation,Culture,Sports,ScienceandTechnology,Junior andSeniorHighSchoolat

Komabahavebeenworkingonenhancementofeducationespeciallyinscienceand

mathematics.

Inthethirdperiod,whichstartedinfiscalyear2012,wesetathemeofresearchand

developmentas“ResearchandDevelopmentofjuniorhigh,seniorhigh,undergraduate

andgraduatecollaborativeprogramswhichbringupglobalscientistsrichinculture

andinquirymind.” Weareworkingonbringingupstudents'abilitiesofscience

communicationbycontinuously running“instructingandlearningeachother”

activitiessuchasfromseniorhighschoolstudentstojuniorhighschoolstudentsand

fromundergraduate/graduatestudentstoseniorhighschoolstudents,developmentof

competenceinpresentationinEnglishwhichcanbeunderstoodatinternational

exchangesandacademicconferences,researchexchangeswithNationalTaichungFirst

SeniorHighSchoolinTaiwan,andetc.

workshop (in Senior High School at Komaba)



For Our Clients at the University Hospital

■About The University Hospital

Eversinceopeningin1976,theUniversityofTsukubaHospitalhasstrivento

becomeahospitalthatprovides“realteammedicine,”andourinitiativesto

providelifelongeducationtodoctors,nursesandmedicaladministratorshave

producedmanymedicalprofessionalsworkingbothinsideandoutsideofIbaraki

Prefecture.Intermsofoverseasdevelopments,welaunchedtheOfficeforthe

PromotionofInternationalMedicalAffairsinfiscalyear2012forpreparingto

acceptanddispatchpersonnelwithaglobalperspective,andcaterforpatients

fromoverseas.

WearetheonlyuniversityhospitalinJapanthatoperatesaprotonbeam

treatmentfacilityandhavemadeglobalcontributionswithourpioneeringwork

onprotonbeamtherapy.Basedontheseachievement,protonbeamtherapyhas

becomeapopularformoftreatmentinotherhospitalsinJapanandoverseas.To

producethenextgenerationof“made-in-Tsukuba”medicine,wearedeveloping

theresearchorganizationsforandpromotingclinicalresearchinNext-

GenerationCellSelectiveParticleCancerTherapy,theTsukubaBiobank,the

TsukubaNext-GenerationMoleculeImagingCenter(PET)andTsukubaMedical

LaboratoryofEducationandResearch,andareengagedininitiativesfor

overcomingdifficultdiseasesthathavehithertobeenhardtotreat.

TheMinistryofHealth,LabourandWelfarehaspresentedaroadmaptotheideal

formatformedicinebytheyear2025,oneinwhichevenadvanced-medical-care

hospitalstaketheleadbyfocusingonhospitalizationinmedicalcare,while

meetingdemandforcollaborationwithregionalmedicalinstitutionsandprivate

doctorsinaseamlesslylinkedmedicalenvironment.Ourstrongdesireisto

continuetobethoughtfulandtoworkasoneteamasweprovideourpatients

withtheverybestmedicaltreatment.

Principle of the University of Tsukuba HospitalWearecommittedtoprovidinghigh-qualitymedicalcareandcultivating

medicalprofessionalswhocancontributetodevelopingthemedicalfield.

Policy of the University of Tsukuba Hospital- Wearecommittedtoprovidingthesafestandhighestqualitymedicalcaretopatients.- Fullymindfulofourmissionandresponsibility,wecultivatemedicalprofessionalswhoarerichinhumanity.- Wepromoteateamapproachtomedicalcareservicesandtherebybuildlinkswiththelocalcommunity.- Weworktospreadknowledgeabouthealthandmedicine.- Wecontributetointernationalsocietythroughourmedicalresearchandpromotionofadvancedmedicaltechnology.

The Intraoperative MRIThis is the first system in Japan that moves MRI apparatus to take a tomogram without moving a patient.

(the upper: outward view of Keyaki building)(the lower: heliport)

da VinciThis is the latest robotic surgery assistant possible surgery less strain of patients.

The University of Tsukuba Hospital on web

http://www.s.hosp.tsukuba.ac.jp/



■Efforts toward Revival of Community Medicine

Concrete ApproachCooperation Destination Development Hospital Number of Teachers / Doctors Facilities Established by Our University Hospital

■Development and Implementation of Boron Neutron Capture Therapy (BNCT)

Ibaraki Prefecture Ibaraki Prefectural Central Hospital, and 4 others 17 Ibaraki Clinical Education and Training Center

Ibaraki Prefecture Kamisu Saiseikai Hospital 2 Kamisu Medical Education Station

Ibaraki Prefecture Ibaraki Children's Hospital 2 Ibaraki Pediatric Education and Research Station

JA (Ibaraki Prefecture Welfare Federation of Agricultural Cooperative) Mito Kyodo General Hospital 23 Mito Clinical Education and Training Center

Hitachi, Ltd. Hitachinaka General Hospital 5 Hitachinaka Medical Education and Research Center

Hitachi, Ltd. Hitachi General Hospital, Taga General Hospital 3 Hitachi Medical Education and Research Center

Tsuchiura City National Hospital Organization Kasumigaura Medical Center 3 Tsuchiura Clinical Education and Training Station

Kitaibaraki City Kitaibaraki City Hospital 2 Kitaibaraki Medical Education Station

Tsukuba City University of Tsukuba Hospital 3 Tsukuba-city Birth Center

Total 60

TheBoronNeutronCaptureTherapyisanextgenerationradiation

therapythatselectivelydestroysonlycancercellsandscarcelyharms

normalcells.Itisexpectedasanextgenerationtherapyforintractable

cancersforwhichwehavenotfoundeffectivetherapiesuntiltoday.

[CharacteristicsofBNCT]

- Newwayoftherapyforrefractorycancers

- Reducedphysicalstrainonpatientsandhighqualityoflife(QOL)

- Pinpointtargetingatindividualcells

Wearedevelopingamedicaldevicewhichdoesnothaveanuclear

reactorbuthasanacceleratorinsteadoftheformerdevicewitha

nuclearreactor.Itissafeandsmall-sizedsothatitcanbesetinsidethe

hospital.ThisprojectwasselectedfortheInternationalStrategicZone

in2011.Weareworkingtowarditscompletioninfiscalyear2014and

thestartonclinicalresearchinfiscalyear2015incooperationwith

otherresearchorganizationsandIbarakiPrefecture.

IbarakiisthesecondworstprefectureinJapanintermsofthenumberof

doctorsperpopulationof100,000byprefecture.Theshortageofdoctors

inIbarakiPrefectureisaseriousproblem.Inordertocopewiththe

urgentproblemofthecollapseofcommunitymedicinecausedbythe

shortageofdoctors,weareworkingonacommunitymedicinerevival

planwiththeaimofcontributingtoenhancementandqualitative

improvementofthecommunitymedicinesysteminareaswherethere

arenotenoughdoctorsbyusingvariousmethodsincooperationwith

thegovernmentandprivateenterprises.

[MajorEffortstowardRevivalofCommunityMedicine]

1) Developmentandmanagementofnewprogramsforbringinguphumanresourcesleadingcommunitymedicine

2) Developmentofenvironmentforpre-/post-graduationandlifelongeducationandtraininginareaswheretherearenotenoughdoctorsandbringingupdoctorsrootedintheregionalcommunity

3) Contributiontocommunitymedicinebyconstructinganeducationalandinstructionalsystemandsupportingmedicalcareatcentralhospitalsinareaswheretherearenotenoughdoctors

4) Promotionofjointresearchanddevelopmentandclinicaltrialsforpharmaceuticalsandhospitalequipmentwhichareproducedintheregionalcommunitybyutilizingclinicaldataandteachers’abilitiesofresearchinouruniversityhospital

[Therapy Device Using Linear Accelerator]

Proton beam accelerated in Linear Accelerator generates neutron by reaction with beryllium in Neutron

Generator. It irradiates neutron modulating energy to the nidus.

Neutron Generator

Linear Accelerator Patient

The appearance of Linear Accelerator

[Mechanism of Therapy]

Giving medication of boron having the property of piling only on cancer cells

Irradiating neutron modulating energy to the affected part

Generated alpha rays and Lithium particles destroy the cancer cells.It is possible to treat by unit of a cell because the range of irradiation is the length of one cell (10 micron).

1) 2)

3) 4)

Information about Tsukuba International Strategic Zone is reported on page 16



Changes in the Number of Patients and SurgeriesChanges in Expenses for Pharmaceuticals and etc. andthe Rate of Bed Operation

For Our Clients at the University Hospital

■Financial Situation of the University Hospital Changes in Annual Financial Situation ofthe University Hospital (In millions of yen)

■Medical Care at the University Hospital

Infiscalyear2013,OperatingIncomewas31,744millionyenwith

increaseby4,276millionyencomparedtofiscalyear2012asaresult

ofdisplayinghighlyadvancedandacute stage medicalcareunder

operationofKeyakibuilding(newhospitalbuilding)throughoutthe

year.

Ontheotherhand,OperatingExpenseswere32,734millionyenwith

increaseby4,256millionyencomparedtofiscalyear2012dueto

increaseinDepreciationExpensesforBuildingsandBuildingFixtures

aswellasPersonnelExpensesbyincreasingmedicalstaff(doctors,

nursesandetc.)forreinforcementoffunctionsofthehospital.

Asaresult,theOperatingProfitandLoss(OperatingIncome-

OperatingExpenses)oftheuniversityhospitalwas▲990millionyen

infiscalyear2013.

ThisOperatingProfitandLossisbasedonOrdinaryIncome/Expenses.

AddingExtraordinaryProfit,GrossLossoftheuniversityhospitalwas

▲969millionyen. 13,90916,408

18,755

9,257

10,181

11,2311,223

1,889

2,748

22,122 22,700

26,185

1,5643,012

3,278

1,177

1,756

2,281

▲ 5,000

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

252,662 241,426 255,893

369,905 373,383 394,183

7,194 7,216

8,539

6,000

7,000

8,000

9,000

0

200,000

400,000

600,000

800,000

1,000,000

FY 2011 FY 2012 FY 2013

Outpatient Inpatient

Surgery

4,569 4,5175,233

2,886 2,858

3,468297 329

229

86.3%

82.7%

87.6%

80.0%

82.0%

84.0%

86.0%

88.0%

90.0%

92.0%

0

2,000

4,000

6,000

8,000

10,000

FY 2011 FY 2012 FY 2013

Other consumables Medical material costsPharmaceuticals costs Rate of bed operation

Theuniversityhospitalisactivelyworkingonenhancementofmedical

caresystemandimprovementofservicesforpatientsunderthe

redevelopmentproject,whichhasbeencontributingtoincreaseinthe

numberofoutpatients.Inaddition,thenumberofsurgeriessubstantially

increasedduetoincreaseinthenumberofoperatingroomsandupgrade

ofsurgicalfacility.

Infiscalyear2013,thenumberofinpatientsincreasedandtherateof

bedoperationrosethanusualduetoincreaseinthenumberofbedsfor

seriouscaseandbedsincurringextrachargeundertheredevelopment

projectaswellaseffortsofshorteningofhospitalization.

Wereducedcostsforconsumables,however,pharmaceuticalscostsand

medicalmaterialcostsincreased.Incomeincreasedmore thanexpected

duetoincreaseinthenumberofpatientsandsurgerieswithactive

medicalservicesasmentionedabove,however,costsforthosealso

increased.

FY 2011

OperatingExpenses

24,389 24,863

28,47827,468

(persons) (number) (million yen)

622,567 614,809 650,077,752 7,703

474▲ 1,009 ▲ 990

Operating Income - Operating Expenses

32,73431,744

8,931

Main causes of Gross Loss are reported on page 30

Operating Expenses :■Medical Service ■Personnel Expenses ■Others

Operating Income :■University Hospital ■Management Expenses Grants ■Others

Operating Profit and Loss :

OperatingIncome

OperatingExpenses

OperatingExpenses

OperatingIncome

OperatingIncome

FY 2012 FY 2013



◯CYBERDYNE Corporations Acquires Certification of Medical Devices and Is Listed on the Stock Market

For Corporations■Promotion of Industry-Academia Collaboration at the University of Tsukuba

■Activity and Achievement of Industry-Academia Collaboration

Consideringimportanceofinternationalindustry-academia-government

collaborationactivities,ouruniversityreorganizedanddevelopedthe

“IndustryRelationsandTechnologyTransferOffice.”Wenewly

establishedthe“InternationalInnovationInterface Organization”inApril

2014.Thisorganizationmainlyaimstointegrateworksabout

intellectualpropertyrightsinouruniversityanddomoreactivitiesto

promoteindustry-academiacollaborationinternationally,promotesocial

contributionofcorporations.

158122

154134

14584

158202

304

420

41 72 4789 103

36

2119

16

0

10

20

30

0

100

200

300

400

FY 2009 FY 2010 FY 2011 FY 2012 FY 2013

ApplicationCumulative possessionNewly acquisitionIncome

(million yen)(number)

Number of Application, Possession and Acquisition of Intellectual Property Rights; and Income

Weare running “industry-academiacollaborationpromotionproject”for

thepurposeofpromotingresearch,educationalactivitiesaimingfor

technologytransferfromouruniversitytoindustryfieldand

entrepreneurshipbysupportingcooperativeresearchbetweenour

universityandprivateenterprises,nurturingandsupportingour

universityspin-offs.Nowadays,weaccept6projectsofcooperative

research,businessstart-ups,supporting universityspin-offs,utilizing

intellectualproperty,supportingcooperativeresearchorganizationand

supportingentrepreneurshipandintellectualpropertyeducation.

Dependingonkindsofprojects,wesupportresearchdevelopmentcosts

andlendlaboratoryandetc.

We alsoprovide“AcademicInstructionContract”systemthatallows

contractsfortechnicalinstruction,supervisionandconsultationsbyour

teachersbetweenouruniversity,notourteacherindividuals,andprivate

enterprisesaswellasscientifictechnologicalconsultations(forfree).

Sofar,96ouruniversityspin-offswereestablishedand78ofthoseare

active.

Inaddition,infiscalyear2013,thenumberofapplicationandnewly

acquisitionofintellectualpropertyrightsincreased.

CYBERDYNECorporationsproducedbyProfessorYoshiyukiSankai,ouruniversityspin-offs,acquired

ISO13485(Qualitymanagementsystemsofmedicaldevices)andISO/DIS13482,“Robotsandrobotic

devices— Safetyrequirementsfornon-industrialrobots— Non-medicalpersonalcarerobot-HAL.”In

addition,inJune,robotsuit“HAL”whichwasnewlydevelopedformedicaluseacquiredinternational

certificationofmedicaldevicesatEU(CEmarking).ByacquisitionofCEmarking,robotcaredeviceas

medicaldevicewhichusesinnovativetechnologyinJapanwasbornatthefirsttimeintheworldand

commercialdistributionandsellingwerepermittedalloverEUarea.Furthermore,inGermany,we

achievedgoodresultthatallamountofpublicindustrialinjuryinsuranceextendcoveragebyinsurance

forfunctionalimprovementcarebyHALofspinaldamagepatients.

Moreover,thiscorporation,aouruniversityspin-off,isformedasproblemsolvingtypebusiness(social

business)byinnovativetechnologyinthefieldofmedicalcare,welfareandlife.OnMarch26th,2014,its

stocklimitedvotingrightwaslistedforthefirsttimeinJapan.Itssuperiortechnicalskillsand

possibilitiesmadeitreceiveIPOoftheyear(ThomsonReuter)in2014.

robot suit “HAL” for medical use



Total 759,525Arrythmia Next Generation Endowed Research Division 20,000

Course on Perinatal Medicine 24,500

Innovation in Power Electronics of Toyota and Denso 30,000

Innovation in Power Electronics of Fuji Electric Holdings Corporation 30,000

Innovation in South Ibaraki Healthcare Network 42,000

Innovation in Ibaraki Pediatric Healthcare Network 33,125

Innovation in North & Middle Ibaraki Healthcare Network (Social Cooperation Program) 120,000

Arrythmia Research Department 15,000

“Environmental Disaster Prevention” Course 100,900

Research Course on Regional Medical System 202,000

Department of Longevity Science Endowed by Onodera Memorial Asuka Foundation 22,000Ibaraki Prefecture Department of Primary Care and Medical Education 20,000

Toshokan Ryutsu Center (TRC) Library Management Course 25,000

■Endowed Courses List of Endowed Courses at the University of Tsukubain Fiscal Year 2013 (In millions of yen)

Life-style Diseases Course Endowed by the JA Ibaraki Prefecture Welfare Federation ofAgricultural Cooperative 50,000

Endowed Course Amount Received

Sleep Medicine Endowed Course 25,000

For Corporations

■Cooperative Research

◯ Conclusion of Academic Alliance with Kashima Antlers FC

ThesystemofEndowedcoursessetsupandmanages“endowed

course”or“endowedresearchdivision,”effectivelyutilizing

donationsfromdonorssuchasprivateenterprises.Theyaimto

diversifyandactivateeducationandresearchofouruniversity.

Thesecoursesaretohavenameswhichshowcontentsoftheir

educationorresearch,buttheyalsocanaddinformationabout

donorstotheirnamesbyproposalfromdonors.

Infiscalyear2013,wesetup3newcoursesof“Innovationin

PowerElectronicsofToyotaandDenso,”“InnovationinPower

ElectronicsofFujiElectricHoldingsCorporation”and“Courseon

PerinatalMedicine.”Weholdatotalof15coursesincludingones

havingbeencontinued.

OnAugust3rd,weconcludedacademicalliancewithKashimaAntlersCorporation

forregionalcooperationandvitalization.

Sincefiscalyear2009,wehavebeenstrengtheningourtiesbydirectorsand

officialsgivingalectureinthefieldofspeciallecture,lecturessetinCollegeof

PolicyandPlanningSciences.Withthisalliance,wearegoingtobuildmore

organizationalcooperationsystemanddevelopcooperativeresearchand

cooperativeoperations.

Wearegoingtostartresearchbyapproachofsocialengineering.Forinitial

research,weplantoverifydistributionofsupporters of KashimaAntlerswitha

viewpointofurbanengineeringandtoexpectandanalyzehowsupporter

collectingenvironmentchangesaffectedbyMetropolitanInter-City Expressway

servicebetweenInashikiandOhsakaeplannedtobeopenedin2014.

Shigeru Ibata: President of Kashima Antlers and President Nagata shaking hands after signing

CooperativeResearchisasystemthatourteachersandresearchersfrom

privateenterprisestogetherresearchonacommonthemeonanequal

footing,whichpromotestoachievesuperiorresults.Welaunchedthe

“CooperativeResearchLaunchSupportProject”infiscalyear2010,and

werecommendandsupportcooperativeresearchbyouryoungteachers

andsmall/medium-sizedenterprisesinordertoexpandrangeof

researchactivities.

If you have a consultation of Industry-Academia Collaboration, please send your thoughts to Division of Collaborative Research.

http://www.sanrenhonbu.tsukuba.ac.jp/

Track Record of Cooperative Research(by research area) in Fiscal Year 2013

Environment15 (4.8%)

Frontier7 (2.3%)

Life Science135 (43.4%)

IT31 (10.0%)

Nanotechnology / Materials35 (11.3%)

Energy43 (13.8%)

Manufacturing16 (5.1%)

Social Infrastructure10 (3.2%) Others

19 (6.1%)

Of these, the number of local enterprises (in Ibaraki Prefecture) is

External Funds received are reported on page 31

44 (of 328) (13.4% of all )



Green-InnovationApplication of Algal Biomass Energy University of Tsukuba / Tsukuba City / Ibaraki Prefecture

TIA-nano Creation of Global-Center Unit of Nano-Technology National Institute of Advanced Industrial Science and Technology (AIST) / National Institute for MaterialScience (NIMS) / University of Tsukuba / High Energy Accelerator Research Organization (KEK)

◯ Opening Ceremony of Large Scale Demonstrating Facilities of Producing Algae Biomass Energy and Departing Ceremony of Cars Practical Running in Public Thoroughfare Held

Development of Innovative Pharmaceuticals and MedicalTechnologies Using Biomedical Resources in Tsukuba

University of Tsukuba / National Institute of Advanced Industrial Science and Technology (AIST) / EisaiCO., LTD. / Riken BioResource Center (BRC) / National Institute of Biomedical Innovation / Cell-Medicine,Inc.

Domestic Production of Medical Radioisotope (Technetium-99m) in Japan Japan Atomic Energy Agency / Chiyoda Technol Corporation / University of Tsukuba

Creation of the Global Hub of Innovative Medical Robots and MedicalDevices

University of Tsukuba (Hospital) / CYBERDYNE Inc. / Bergmannsheil Hospital (BG Group,Germany) / Karolinska Institute-Dandreyd Hospital (Sweden) / Cyberdyne Care Robotics(Germany)

Life-InnovationDevelopment and Implementation of BNCT University of Tsukuba Hospital / High Energy Accelerator Research Organization (KEK) / Japan Atomic

Energy Agency / Mitsubishi Heavy Industries, LTD / Hokkaido University / Ibaraki Prefecture

Living with Personal Care Robots National Institute of Advanced Industrial Science and Technology (AIST) / University of Tsukuba

◯ Seven Pioneering ProjectsProject Name (Field) Main Institutes Involved

■TSUKUBA INTERNATIONAL STRATEGIC ZONE

InDecember2011,TsukubaCityandpartsofIbarakiPrefectureweredesignated

as“InternationalStrategicZone.”

ThiszoneisoneofJapan’seconomicgrowthstrategies.Forprojectsauthorizedin

thiszones,varioustypesofsupportandspecialtreatmentsuchasgovernment

fundingandrelaxationofregulation.

Today,inTsukubaInternationalStrategicZone,7leadingresearchand

developmentprojectsarebeingundertakeninordertocreatenewindustries

withaglobalvision.Ouruniversityisinvolvedin7allprojects.

The details of TSUKUBA INTERNATIONAL STRATEGIC ZONE are introduced on website from URL below.

http://www.tsukuba-sogotokku.jp/

A part of this project is also reported on page 12

InMarch,thefacilityinwhichmuchalgaebiomassiscultivatedinthefarmlandinTsukuba

Citywascompletedandanannouncementceremonyofthefoundingoflargescale

demonstratingfacilitiesofproducingalgaebiomassenergywasheld.Thisfacilitiesaimto

establishmass-productiontechnologyofalgaewhichproducehydrocarbonoilbymaking

useofnon-cultivatedlandandothersintheprojectof‘ApplicationofAlgalBiomass

Energy.’

Inaddition,adepartingceremonyofcarspracticalrunninginpublicthoroughfare(cars

runningdemonstrationceremony)washeld.Inordertodotherunningdemonstrationin

publicthoroughfare,weconcludedanagreementwithIbarakiPrefecture,TsukubaCity,

SEKISHOUCorporationandSINANENCorporation,LTD.ItisthefirstcaseinJapanthata

carwhichusesalgaeproducedoilruninpublicthoroughfare.

areas of TSUKUBA INTERNATIONAL STRATEGIC ZONE

Large Scale Demonstrating Facilities of Producing Algae Biomass Energy(outdoor mass culture)



For Our Regional Community

■Lifelong Education List of open coursesCourse Number Enrollee

Incumbent Trainning Course 33 courses 1,158 people

General Open Course 33 courses 927 people

Course Enrollee Total Revenue

Prioritized Open Course 10 courses 254 people

Endowed Open Course 1 course 30 people

Total 77 courses 2,369 people

List of certificate programs (In thousands of yen)

Library Management Course 13 people 1,950University Management andCultivation of Human Resources 17 people 1,560

Total 30 people 3,510

■Contribution to Society Main projects of contribution to society (In thousands of yen)

Project Number Total ExpendituresRecovery and RebirthAssistance Project

41 projects 34,182

◯ A Case of Social Contribution Project

Social Contribution Project 50 projects 12,433Science and Technology WeekAssistance Project

15 projects 3,483

Total 106 projects 50,098

Besides the projects as above, we develop various projects of contribution to our region. Please see them from URL below.

[Lifelong Education] http://www.tsukuba.ac.jp/education/[Contribution to Society] http://www.tsukuba.ac.jp/community/

Weprovidelifelongeducationsuchasopencoursesandcertificateprograms

fornon-students.

Opencoursesreleaseanddiffuseeducationalandresearchachievementsof

ouruniversitythroughlecturesinordertocontributetoimprovementof

people’scultureanddevelopmentofpeople’sabilityatworkandreallife.

*Revenueandexpendituresforopencoursesinfiscalyear2013

TotalRevenue:14,247thousandyen

TotalExpenditures:16,223thousandyen

Certificateprogramsarespecialcoursesforadults.Eachcourserequires120

hoursormorestudiesdependingonitsgoalsandcontents.Acertificate

basedontheSchoolEducationLawwillbeissuedtothosewhohave

completedtheprogram.Itcanberecordedasaneducationalbackgroundin

curriculumvitae.

Weworkonactivitiesforcontributiontosocietyasaregionalcenterof

knowledgeinordertoreturnintellectualachievementstosocietypositively.

Weaimtocreateabondbetweenlocalpeopleandouruniversity,tobringup

excellenthumanresourcesandtoformagoodcycleofregionalactiveness.

Ontherecoveryandrebirthassistanceproject,wearecarryingprojectssuch

as“MeasuresagainstRadiation,”“DisasterMeasuresandLocalPromotion”

and“FormingHealth-care,”makinguseofourcharacteristicasauniversity

withvariousacademicfields.Theseprojectsarebasedonneedsfrom

sufferingarea.

“CreationofHealthPromotionNetworkMainlybyLeadersoftheElderly’sExercise

SupportActivities”

Consideringagingsocietyexpectedtoprogressmoreinthefuture,itcontributesto

createandexpandhealthpromotionnetworkwhichissupportedmainlybyleaders

oftheelderly’sexercisesupportactivities.

“PracticeofScienceCommunicationbyStudents”

Weofferopportunitiestohaveandenhanceinterestinsciencethroughscience

playinglaboratoryandscienceexperimentsforelementaryandjuniorhighschool

studentsinsufferingarea.

square step exercise exchange in Kasama City, Ibaraki Prefecture

science lecture in an elementary school in Minami-soma City, Fukushima Prefecture_______________________

17 University of Tsukuba


For Our Alumni

■The University of Tsukuba Fund (TSUKUBA FUTURESHIP)

■The University of Tsukuba Alumni Association■Commemorative Fundraising for the 40th + 101st

Anniversary of the University of Tsukuba

Weestablishedthe“UniversityofTsukubaFund(TSUKUBAFUTURESHIP)”in

April2010,aimingtocontributetovariousactivitiessuchassupportforstudents

inouruniversityandchildren/studentsinourlaboratoryschools,promotionof

educationandresearchactivities,andcontributiontotheregionalcommunity.

Thisfundconsistsoftwokindsoffund;the“GeneralFund”whichprovides

supportinlevelsfromSupport1toSupport4aimingtoreinforcefourfunctions

thatouruniversityshouldserve,andthe“SpecificFund”whichprovidessupport

inlevelsofSupport5andSupport6aimingtoaidspecificprojects.Weaccept

donationswithoutdesignationofuseandusedbooksdonations.

Our faculty members and retired faculty members4,233 (69%)

Our alumni andtheir families768 (12%)

Families ofour students894 (15%)

Others235 (4%)

Ouruniversity’shistorydates

backtoitsfoundingasthefirst

Japanese“NormalSchool”in

1872.Basedon101yearsofits

longtraditionandachievement

sinceitsfounding‚inOctober

1973‚ouruniversitymadea

newstart asa“Universitywitha

newvision.”Furthermore‚ouruniversitycommemoratedits40th

anniversaryonOctober1st‚2013.

Forthiscommemoration,welaunchedthe“CommemorativeFundraising

forthe40th + 101st Anniversary”inApril,aimingtosupportbringingup

globalhumanresources.ItfinishedinSeptember2014.Wesincerely

appreciateforyourcooperation.

Inaddition,sinceApril2014,wehavebeenrunningfollowingprojectsas

supporting projectsfundedby thiscommemorativefundraising.

- Supportforexcellentundergraduatestudentsgoingstudyabroad- Supportforprojectsforinternationalexchangesofourlaboratoryschools

- Maintenanceandexpansionofourcampusesabroad

[Support 1] Achievement of Outstanding Education and Development of Human Resources

Financial Support for Students

Support for the Extracurricular Activities of Students and Groups

Support for the Activities of Laboratory Schools

Support for the Exchange Activities between the University and Alumni

[Support 2] International Exchange and Development of Global Human Resources

[Support 3] Promotion of World-class Academic Research

[Support 4] Regional Contribution as a Center of Knowledge

[Support 5] University of Tsukuba Sports Association (TSA) Project

[Support 6] Tsukuba University Hospital Support Services (Contributions to the Hospital)GeneralFund

SpecificFund

as of March 31st, 2014

Total amount: 373,788 thousand yenTotal number: 10,783 donations

YoucanseedetailedinformationofactivitiesoftheUniversityof

TsukubaFundandhowtodonatefromURLbelow.

https://futureship.sec.tsukuba.ac.jp/

The University of Tsukuba Alumni Association on web

https://alumni.tsukuba.ac.jp/

Donations in Fiscal Year 2013 (by classification of donors)

*Excludesspecificfund

andgifts-in-kind.

The“UniversityofTsukubaAlumniAssociation”isa“forum”

launchedforthepurposeofstrengtheningcollaboration

betweenouruniversityandeveryoneinvolvedinouruniversity

includinggraduates,completedstudents,currentstudents,

formerfacultymembers,currentfacultymembers,organizations

forextracurricularactivities,andspecificalumniassociations.

Pleasemakeuseofthe“UniversityofTsukubaAlumni

Association”wheneveryoneinvolvedinouruniversitygathers,

connectsandpromotesexchangesunderthe

“commonbond” ofthe“UniversityofTsukuba.”

Inaddition,wesetupthe“Universityof

TsukubaAlumniAssociationwebsite”in

July2012.ThiswebsitehasaSNSwhich

onlythosewhoareinvolvedinour

universitysuchasgraduates,completed

students,currentstudents,formerfaculty

members,andcurrentfacultymembers

canaccess.PleasemakeuseofthisSNS.



(In thousands of yen)Breakdown of Research Related Expenses

For Our Faculty Members

■Research Related Expenses

FY 2013Classification

* The Personnel Expenses in graph do not include personnel expenses for directors and retirement benefits.

8,929,4203,783,9263,041,770

Research expenses

Changes in Faculty Personnel Expenses

■Personnel Expenses

1,880,16317,635,279

(In millions of yen)

Sponsored research expensesGrants-in-Aid for Scientific Research (direct expenses)

Amount Equivalent to Depreciation not recorded in P/L

Total

PersonnelExpensesaccountfor48.9%ofOrdinaryExpensesand

approximately43.9billionyenispaidout(including149millionyenfor

personnelexpensesfordirectorsand2,664millionyenforretirement

benefits).Asforouruniversity(excludingtheuniversityhospital),

PersonnelExpensesincreasedby208millionyenduetoincreaseinthe

numberofannual-salaryteachersandstaffemployedbyexternalfunds

eventhoughsalarypayment forfull-timeteachersandfull-timestaffwas

reducedaccordingtotheSpecialProvisionsAct.

Ontheotherhand,asfortheuniversityhospital,PersonnelExpenses

increasedby1,094millionyenbecauseweincreasedemploymentin

ordertoreinforcefunctionsofthehospitalandturnedtheProton

MedicalResearchCenterfromastheuniversityhospitalfacilitiesintoas

ouruniversityfacilities.

Inaddition,theproportionofExternalFundstoPersonnelExpenseshas

beenrisingyearbyyear,whichshowswearediversifyingoperationsof

ouruniversityandactivelyrunningprojectssuchasresearch,

developmentandcontributiontotheregionalcommunity.

20,808

1,335

20,837

1,516

21,614

1,614

20,620

2,015

20,521

2,333

749 811 789 866 825

7,564

5,187

7,550

5,380

7,453

5,848

7,163

6,144

7,371

6,665

1,076

1,328

1,228

1,386

1,378

1,469

1,362

1,572

1,503

1,827

0

10,000

20,000

30,000

40,000

University Hospital University Hospital University Hospital University Hospital University Hospital

Part‐time staff Full‐time staff Part‐time teacher Full‐time teacher

2.9%

3.7%4.3%

4.9%

6.2%

0.0%

2.0%

4.0%

6.0%

8.0%

Ratio of External Funds

43,07541,174 40,896 44,143

Fiscal Year

Total

FY 2012FY 2009 FY 2010 FY 2011

30,21930,197 30,426 31,23430,011

10,825

7,850 8,282 8,931 9,731

43,857

FY 2013

Personnel Expenses ratio is reported on page 37

Research Related Expenses

approx. 9.81 million yen per teacher

= Research Related Expenses / The number of full-time teachers

Number of full-time teachers in FY 2013 : 1,797

[cf.] Figure reported in FY 2012 : approx. 8.97 million yen

Totalexpensesrelatedtoresearch(ResearchRelatedExpenses)are

approximately17.6billionyen.

[ResearchExpenses]ExpensesforresearchfundedbyManagement ExpensesGrants,Subsidies,

Donations,Non-SubsidyRevenueandetc.

[SponsoredResearchExpenses]ExpensesforSponsoredResearchandCooperativeResearch

[Grants-in-AidforScientificResearch(directexpenses)]Subsidiesprovidedbythenationalgovernmentforresearcherindividuals

[AmountEquivalenttoDepreciationnotrecordedinP/L]ExpensesnotrecordedinP/Lappliedfordepreciation ofresearchassetswhich

wereacquiredusingassetsinvestedfromthenationalgovernment,Facility

ExpensesorAppropriatedSurplus



■General Administrative Expenses

Change 40,04941,617

ClassificationConsumablesUtility costs

Breakdown of General Administrative Expenses (In thousands of yen)FY 2012

258,015135,255

FY 2013217,966176,872

Matter

○ Reduction in administrative expenses and personnel expenses

4,682 18,39140,07640,151238,491

2,635,734

3.2%

List of Matters Examined

278,97855,376

109,972874,056191,602

○ Promotion of Facility Management Review of management and operations of accommodation

○ Introduction and expansion of user fees

73,584214,344

Co-treatment of facility maintenance operations with other organizations

○ Measures for new revenue ensure

Public welfare (Restructuring of welfare business structure)

85,892,9383.1%

Introduction of strategic fund management

Operating Expenses (cf. p. 23)General Administrative Expenses Ratio

2,591,95780,074,798

■The University of Tsukuba Action Plan for Revenue and Expenditures Reform

59,210208,645332,232

57,035114,654892,447151,526198,340184,598

Advertising expensesCompensation / Consignment / Commission

Tax and DuesDepreciation ExpensesOthersTotal General Administrative Expenses

■Improvement of Business Operations for Controlling Expenses

Travel expenses Maintenance costsRepair costs

Review of campus transportation system

○ Verification of cooperation of the way with relevant external organizations

19,89343,777

5,818,140▲ 0.1%

204,491

Non-life insurance premium

14,3745,699

53,254 1,659

Basedonproposalsbyfiveviewpointssuchasreductioninadministrative

andpersonnelexpensesandpromotionoffacilitymanagementby“Action

PlanforRevenueandExpenditureReformPromotionCommittee,”we

examinedspecificmatterswhichleadtoreductioninexpendituresand

expansionofrevenueaswellaswesharedandfollowedupinformationin

taskforce overtherelateddepartment.

Astheresultinfiscalyear2013,wereflectedtheamountofincome

increasedandcostreduced(approximately88millionyen)infiscalyear

2014budgetbyintroducinguserfeesincampustransportationsystem,

introducingcompetitionforsettingupvendingmachinesandreviewing

feesfornurseriesonSaturdaysandaccommodation.

SinceOctober,ouruniversity,TsukubauniversityofTechnologyandHighEnergy

AcceleratorResearchOrganizationhavebeenconductingjointprocurementofstaff

residencehallsmaintenanceandouruniversityreducedcostsforthoseby

approximately2.6millionyenperyear.Wealsohavebeenconductingjoint

procurementofPPCpapercontinuouslyandouruniversityreducedcostsforthose

byapproximately4.3millionyenperyear.Inaddition,6institutions,adding2

institutionsinTsukubatojointprocurementconference(3institutionsmentioned

aboveandIbarakiUniversity),concludedanagreementforjointprocurementof

toiletpaper.Furthermore,inordertopromoteimprovementofprocurementsystem

andcostreduction,westartedtooperateanewpurchasesystem(TUPS),whichisfor

reagentandphysicsandchemistrysuppliesand hasitsownestimatecompetition

function,inJanuary2014.

Changes in annual General Administrative Expenses ratio are reported on page 37

General Administrative Expenses Ratio

3.1%= General Administrative Expenses / Operating Expenses

GeneralAdministrativeExpensesarerecordedasexpensesnecessary

formanagementandoperationsoftheuniversity.Infiscalyear2013,

GeneralAdministrativeExpenseswereapproximately2.6billionyen

withincreaseby0.04billionyenfromfiscalyear2012.Thisismainly

causedbyincreaseinutilitycosts.However,theratioofGeneral

AdministrativeExpensestoOperatingExpensesdeclinedto3.1%with

declineby0.1%becausetheentireOperatingExpensesincreased.It

showsthatefficiencyofoperationshasbeenimproved.



Assets

Fixed Assets

Land

Buildings

Structures

Current Assets

Patent in Progress

Investment in Securities

Cash and Deposits

Accounts Receivable

Marketable Securities

Drugs, Medicine and Materials for MedicalServices

Other Current Assets

Patents

7,468

5,381

11,500

172

454 103

399,893

374,918

249,374

85,332

5,027

17,452

9,904

871

3,123

135

307

242

2,804

345

24,975 21,913

8,948

6,000

6,700

161 11

351

404,149

382,236

248,553

88,476

5,274

19,838

9,928

871

4,833

181

283

237

3,202

560 215

3,062

1,481

619

4,800

○ Breakdown of Assets / Liabilities / Net Assets by composite in fiscal year 2013

4,256

7,318

821

3,144

246

2,386

24

1

1,710

46

24

5

398

Other Fixed Assets

Software

Works of art and Collected items

Construction in Progress

Mechanical equipment/tools, furniture andfixtures

Books

Balance Sheet

ChangeFY 2013FY 2012Item(In millions of yen)

Land 61.5% Buildings and Structures 23.2%

Mechanical equipment/tools, furniture and fixtures 4.9%

Books 2.5% Other Fixed Assets 2.5%

Current Assets 5.4%

Fixed Liabilities 21.4% Current Liabilities 7.0% Government Investments 57.5% Capital Surplus 13.3%

Other Net Assets 0.8%

Itdecreasedduetosellinglandof3-chome,Takezono(▲821millionyen).

ItincreasedduetocompletionoftheCentralGymnasium(1,943millionyen)andrepairworksonbuildingfortheInstituteofMedicine(1,245millionyen),etc.

Itincreasedduetoreceivablefundsfor SponsoredOperationsfromtheMinistryofEconomy,TradeandIndustry(332millionyen)andSponsoredResearchfromJapanAtomicEnergyAgency(141millionyen).

Itincreasedduetopurchaseofgovernmentbonds(20years)andgovernment-guaranteedbonds.

Itincreasedduetoacquisitionofleasedassetssuchasintegrativemedicalinformationsystem(1,741millionyen)andremote-controlledendoscopeoperationsystem(378millionyen)intheuniversityhospital.

Itdecreasedduetomaturerefundofcertificatesofdeposit.

Itincreasedduetomakingdepositsintimedeposits.

Thenumberofbookscollectedisapproximately2.64millionasoftheendoffiscalyear2013.

ItincreasedduetoconstructionoftheInternationalInstituteforIntegrativeSleepMedicinebuilding(1,472millionyen)andtheHighDefinitionMedicalInnovationCenterbuilding(1,058millionyen).

Assets

Liabilities and Net Assets


Financial Statements in Fiscal Year 2013

579

Liabilities

Fixed Liabilities

Per Contra Liabilities for PropertyAcquisition

Borrowings

Long-term PFI Liabilities

232,826

45,237

4,271

663

995Reserve

Unappropriated retained earnings(or Undisposed loss) at the end of the term

Short-term PFI Liabilities

995

1,368

116,480

86,247

27,305

27,667

28,600

2,675

30,232

3,720

3,676

4,471

2,104

10,998

5,262

283,413 289,306

232,416

53,749

3,391

123 540

-

789

114,844

86,497

32,104

23,254

26,763

4,375

28,347

2,420

3,662

4,413

1,839

11,489

4,523 738

5,892

411

8,513

881

1,300

14

58

265

490

Net Assets

Government Investment

Other Fixed Liabilities

Current Liabilities

Capital Surplus

Reserve Funds Brought Forward from PreviousMid-Term Plan Period

Appropriated Surplus

Borrowings scheduled to be repaid withinone year

Management Expenses Grants Liabilities

Donation Liabilities

Accounts Payable

Other Current Liabilities

ChangeFY 2013FY 2012Item(In millions of yen)

1,701

1,885

1,636

249

4,799

4,413

1,837

Balance Sheet (B/S)

Revealsthefinancialconditionofacorporationonthedayofsettlement.LiabilitiesandNetAssetsshowthe“sourceoffundprocurement”andAssets

show“howtheprocuredfundshavebeenmanaged.”

Assets:ThemajorityisFixedAssetssuchaslandandbuildings.

Liabilities:Borrowings(includingPFILiabilities)accountfor49%,butwearestrivingtoachieveastablefinancialoperationbymaking

repaymentsinawell-plannedmanner.

NetAssets:Theyaccountfor72%ofthetotalofLiabilitiesandNetAssetswith80%comingfromgovernmentinvestment.

Itisanaccountingitemspecifictonationaluniversitycorporations.Whenanassetisacquired,matchingliabilityisrecorded.Then,whendepreciationexpensesofthatassetemerge,matchingliabilityistransferredintoanincometobalancetheincomeandexpenses.

WereducedReserveforexpendituresofoperatingexpensesforRemodelingStudentResidenceHalls.

Main causesoftheLossarerepaircostfortroublewithprotonbeamtreatmentfacilityintheuniversityhospitalandetc.(Pleaserefer to“OnProfit(Loss)” onpage30fordetails.)

Lesswas carriedforwardcomparedtofiscalyear2012asmanyprojectsfinishedasplanned.Thefollowingaremainitems:expensesofreconstructionrelatedprojects(886millionyen),disasterrestorationexpenses(420millionyen)andretirementbenefits(607millionyen).

Itdecreasedduetoregularrepaymentofborrowingsfromfinancialinstitutionsforpurchasingland(▲3,963millionyen)andborrowingsfromtheCenterforNationalUniversityFinanceandManagement(▲508millionyen).

ItdecreasedduetoRedemptionofPFILiabilitiesfortheUniversityHospitalredevelopmentproject(▲1,911millionyen)andtheLaboratoryAnimalResourceCenter(▲191millionyen).

ItisrecordedincasessuchaswhenfixedassetsareacquiredusingFacilityExpensesgrantedbythenationalgovernment.



Item

Ordinary Expenses

Operating Expenses

Education Expenses

Research Expenses

Medical Service Expenses

Education and Research Support Expenses

Sponsored Research Expenses

Sponsored Operations Expenses

Personnel Expenses

General Administrative Expenses

Financial Expenses

Extraordinary Loss 279

1,368

2,592

981

2,636

1,044

Miscellaneous Loss 72

Gross Income (Loss)

624

579

2,390

3,581

625

43,075

FY 2012

83,720

80,075

6,186

7,809

○ Breakdown of Ordinary Income and Expenses by composite in fiscal year 2013

5,988

5,818

1,033

1,127

2,347

133

206

190

782

44

63

63

344

789

16,408

Profit and Loss Statement

Change(In millions of yen)

FY 2013

85,893

89,708

135

7,220

8,936

18,755

2,523

3,787

816

43,857

Nationaluniversitycorporationsarerequiredtoclassifyexpensesbypurposeofusesuchaseducation,researchandetc.

ItincreasedduetoincreaseinDepreciationExpensesforbuildingsandhospitalequipmentaccordingtooperationofKeyakibuildingthroughouttheyear(998millionyen)andincreaseinpharmaceuticalscostsrequiredforsecuringincomebyrunninghighlyadvancedandacutestagemedicalcare(1,327millionyen).

PaidinterestonBorrowingsandPFILiabilitiesarerecorded.

Itincreasedduetoincreaseinannual-salary staffemployedbyexternalfunds(605millionyen),increaseinnursesforreinforcementoffunctionsoftheuniversityhospital(979millionyen)anddecreaseinretirementbenefitsduetoanextensionoftheretirementageandetc.(▲514millionyen).

Main causesoftheLossarerepaircostfortroublewithprotonbeamtreatmentfacilityintheuniversityhospitalandetc.(Pleaserefer to“OnProfit(Loss)”onpage30fordetails.)

Itincreasedduetocosts forrepairworksonbuildingforNaturalSciences (49millionyen),increaseinresearchconsignmentcosts (37millionyen)andetc.

Personnel Expenses48.9%

Medical Service Expenses

20.9%

Research Expenses10.0%

Sponsored Research Expenses

5.1%

Education Expenses8.0%

CasualtyLossfordisasterrestorationdecreased(▲491millionyen)comparedtofiscalyear2012.

Financial Expenses1.2%

Education and Research Support Expenses

2.8%General Administrative

Expenses2.9%

Ordinary Expenses

Total Expenses

89,708 million yen

What is the difference between Income and Revenue?

Income / Expenses : accrual basis accounting

Revenue / Expenditures : cash basis accounting

Income that is not Revenue(ex) accrued income such as interest

Revenue that is not Income

(ex) unearned revenue such as down payments

Expenditures that are not Expenses

(ex) prepayments such as rents

Expenses that are not Expenditures

(ex) depreciation expenses



44Reduction of Reserve Funds BroughtForward from Previous Mid-Term Plan


166

77

Item

Ordinary Income

Management Expenses Grants Income

Student Fee Income

University Hospital Income

Sponsored Research / Sponsored OperationsIncome

Facilities Expenses Grants Income

Subsidy Income

Donation Income

Reversal of Per Contra Liabilities for PropertyAcquisition

Financial Income

Extraordinary Profit

Reduction of Appropriated Surplus

137

162

Miscellaneous Gains

600

204

463

4,687

143

2,829

1,633

2,907

2,498

4

33

FY 2013

88,276

35,683

9,255

26,185

5,133

768

3,726

1,828

3,364

40

2,293

625

897

Change

195

457

1

5,355

356

188

3,485

446

41

FY 2012

82,921

36,039

9,443

22,700

Donation Income2.1%

Miscellaneous Gains2.6%

Profit and Loss Statement (P/L)

Thestatementshowstheamountofincome

minusexpensesasprofit.Itrevealsthesituation

withtheoperationofanationaluniversity

corporationduringacertainaccountingperiod.

Management Expenses Grants Income

40.4%

University Hospital Income29.7%

Student Fee Income10.5%

Subsidy Income4.2%

Facilities Expenses Grants Income

0.9%

Thisisanincomeitemthatisrecordedcorrespondingtothedepreciationexpensesofassets.Byrecordingit,profitandlossarebalanced.(Pleasereferto“UniqueAccountingTreatment(anExample)” onpage6fordetails.)

IncomefromdisasterrestorationexpensesinExtraordinaryLossdecreasedcomparedtofiscalyear2012.

ItincreasedduetotheincreaseinamountsreceivedofWorldPremierInternationalResearchCenterInitiative(WPI)andtheProgramforPromotingtheEnhancementofResearchUniversities,etc.

Itincreasedduetoincreaseinamountsreceived.

Itincreasedduetotheincreaseinamountsreceivedandthedecreaseinamountscarriedfoward.

ManagementExpensesGrantsdecreased.

Reversal of Per Contra Liabilities for Property

Acquisition3.8%

Itdecreasedduetodecreaseinthenumberofstudents.

Itincreasedduetoincreaseinthenumberofoutpatientchemotherapiesandsurgeriesandriseintherateofbedoperation.

Sponsored Research / Sponsored Operations

Income5.8%

Ordinary Income

Total Income

88,276 million yen



0

1,092

1,673

581

1

581

6,368

6,948

1

1,673

4,695

6,368

86694

953-

2,5792,534

771-

3,30014,000

4,078742

Expenditures from Deposit of Time DepositsRevenue from Refund of Time DepositsRevenue from Facility ExpensesExpenditures of Refund from Settling Facility Expenses

1,75711,004

1,8807,533

6791,9009,700

Cash Flow Statement

Change

77

FY 2013

11,840

FY 2012

11,762


Items

Ⅰ Cash Flow from Operating Activities

3,3061,760

515387

2,324165

3,392215

3,115

6,966700340

0

2,926701

1,91967

-108265

18,62114,51843,753

2,93840,378

9,12025,938

5,0346,859

2,08448,99953,40016,973

6795,2004,300

11,04442

34047

9,1741,3322,104

4873,984

1341,133

15,31512,75844,268

3,32642,702

9,28522,546

4,8193,7441,7132,440

181-

3,84160,00451,520

9,440-

-47

6,248631186555

3,98425

868

Education/Research Operation ExpendituresMedical Service Operation ExpendituresExpenditures of Personnel ExpensesOther Operating ExpendituresManagement Expenses Grants RevenueStudent Fee RevenueUniversity Hospital RevenueSponsored Research/Operations RevenueSubsidy RevenueDonation RevenueOther Operating RevenueChanges in Deposits PayableAmount Paid to National Treasury

Ⅱ Cash Flow from Investing Activities

Expenditures from Acquisition of Marketable SecuritiesRevenue from Sale of Marketable SecuritiesExpenditures from Acquisition of Tangible/Intangible Fixed AssetsRevenue from Sales of Tangible/Intangible Fixed Assets

Ⅶ Closing Balance

Other Investing ExpendituresInterests and Dividends Received

Ⅲ Cash Flow from Financing Activities

Expenditures for Repayment of Lease LiabilitiesExpenditures for Repayment of PFI LiabilitiesExpenditures for Repayment of the Center for National University Finance and Management Debt Burden

Expenditures for Repayment of Long-term BorrowingsOther Financing ExpendituresInterest Paid

Ⅳ Differences from Currency Conversion of Funds

Ⅴ Changes in Funds

Ⅵ Initial Balance

ItshowstheflowofcashinfundmanagementoracquisitionofFixedAssetsforestablishingtheoperationalfoundationtowardsthefuture.

ItshowstheflowofcashinrepaymentofBorrowings,etc.

TheclosingbalancedoesnotincludetimedepositsandthusdoesnotmatchtheCashandDepositsinBalanceSheet.

Itshowsthechangesintheamountoffundsduringthefiscalterm.Thedecreaseinfundsduringthefiscaltermisduetotheincreaseininvestmentactivities.

Itshowstheflowofcash,suchasbusinessrevenueandexpenditures,relatedtoconductingtherespectiveoperationsofeducationandresearch,etc.

Itrecordsthedifferencebetweentheamountreceivedandtheamountpaid.

Cash Flow Statement (C/F)

Thestatementfocusesontheflowofcashduringacertainaccountingperiodanddisplaysthembyspecificactivitysegments. It showstheflowand

overage/shortageofcashthatcannotbeseenin“BalanceSheet” or“ProfitandLossStatement.”

WhileProfitandLossStatementshowstheexpensesandincomegeneratedduringthefiscalterm,thisstatementrecognizesand measuresthefact

of“cashreceivedandpaid”includingborrowingsandadditionalinvestmentsunrelatedtoexpensesandincome,anditisindicatedasrevenue(plus)

andexpenditures(minus:▲)segments.



257

2,338

1,790

51,731

1,533

49,393

Ⅷ Opportunity Cost

Examination Fee IncomeUniversity Hospital IncomeSponsored Research IncomeSponsored Operations IncomeDonation IncomeReversal of Management Expenses Grants Per Contra Liabilities for Property Acquisition (Tuition Fee)

Reversal of Donations Per Contra Liabilities for Property AcquisitionFinancial Income

5,6445,818

446363

National University Corporation Business Operation Cost Statement

Change

1,802

FY 2013

45,223

FY 2012

43,420

Items

Ⅰ Operating Expenses

3443,842

20314

13,485

251195195

9733

1202

44

323

146

35

67

30422,700

349

288

197

5,818

89,98785,893

2,6361,044

135279

44,7647,6091,341

30526,185

4,288846

1,828327607

401,322

84,34380,075

2,592981

72624

40,9237,8121,326

1,633229640

411,524

Opportunity cost of debt-credit transactions of decreased or free-of-chargeusage fees from the national government or local public authoritiesOpportunity cost of government investment

37

38

72

218

425

1,920

129

3

6

132

136

1,723

190

68

4,649

Ⅸ National University Corporation Business Operation Cost

Miscellaneous GainsExtraordinary Income


Ⅱ Depreciation Amount not Included in P/L

Ⅲ Impairment Loss Amount not Included in P/L

Ⅳ Interest Expense Equivalent Amount not Included in P/L

Ⅴ Sales or Disposal Amount not Included in P/L

Ⅵ Estimated Amount of Increase in Unreserved Bonus

Ⅶ Estimated Amount of Increase in Unreserved Retirement Benefit

1) Expenses in Profit and Loss StatementOperating ExpensesGeneral Administrative ExpensesFinancial ExpensesMiscellaneous ExpensesExtraordinary Loss

2) (Deduction) Non-Subsidy RevenueTuition Fee IncomeAdmission Fee Income

24

4,325

183

4,036651

ItshowstheexpensesinProfitandLossStatementminusincomeofNon-SubsidyRevenue.

Itshowstheamountwaivedorreducedforbeinganationaluniversitycorporation,inusingassetsheldbythegovernment,

ItshowsincomeotherthanthatcomingfromtaxmoneyfromtheJapanesepeople.

Itincludesstaffresidencehallsrentedfreeofchargefromthenationalgovernment.

ItshowstheincreaseinthecostbornebytheJapanesepeoplethatisnotincludedinProfitandLossStatement.

NointerestpaymentisrequiredongovernmentinvestmentsrecordedinBalanceSheet,butthisshowsthehypotheticalamountthatwouldbepaid.

National University Corporation Business Operation Cost Statement (O/C)

ThestatementsummarizescostsbornebytheJapanesepeopleforbusinessoperationsofanationaluniversitycorporation

toensurethoroughnessofinformationdisclosuresothatitwouldcontributetotheevaluation/assessmentofoperationsof

anationaluniversitybytheJapanesepeopleastaxpayers.

Thatistosay,itrepresentstheamountbornebytheJapanesepeopleforouruniversity.



Deficit Brought Over

II Retained Surplus Appropriation (Loss Disposition)

-

579

FY 2013

1,368

1,368

-

1,368

-

789

Deficit brought forward from the former fiscal year, which should be covered by Profitof referred fiscal year

-

1,368

-

◯ Flow of Appropriation of Earned Surplus


III Deficit Carried Forward

Reserve

-

579

-

Amount to be requested for approval by the Minister of MEXT under the National UniversityCorporations Law Article 35, which provides for the mutatis mutandis application of the Act on theGeneral Rules for Incorporated Administrative Agencies Article 44, Paragraph 3(This amount, with cash backing, may be carried forward to the next fiscal year upon receivingauthorization of management efforts and making the use of the fund clear.)

In case Unappropriated Retained Surplus at the end of the term emerges, the amountother than Appropriated Surplus is categorized as Reserve.In case Undisposed Loss at the end of the term emerges, the loss is covered by thereduction of Reserve.

Deficit carried forward to the next fiscal year in case the Loss was not coveredcompletely as a result of the Disposition of Loss-

-

789

Statement on Appropriation of Retained Surplus or Disposition of Loss (draft)


Items

I Unappropriated Retained Surplus (or Undisposed Loss) at the end of the term

Gross Profit (Loss)

FY 2012

579

579

Change

789

789

Outlines

Authorization by the Minister of MEXT

through Management Efforts(with cash backing)

Unappropriated Retained Surplus

Accounting Profit(no cash backing)


Reserve

Statement on Appropriation of Retained Surplus

NationalUniversityCorporationsarenon-profitcorporationswhichconductoperationswithManagementExpenses

Grantsreceived.Itsaccountingisbasedonasystemunderwhichtheprofitandlossshallbebalancedifoperationsare

implementedasplanned.However,ifnon-subsidyrevenueincreasesorcostsdecreasebyefficientoperations

management,therewillbeaprofit.“StatementonAppropriationofRetainedSurplus” ispreparedinordertoshow

howthisprofitwillbecarriedforwardtothenextfiscalyear.



Total 105,191 105,966 775

Redemption of Long-term Borrowings 5,146 5,146 0

Paid for Facilities from the Center for NationalUniversity Finance and Management 249 339 91

Subsidies 6,339 6,711 372

Expenditures for Industry-AcademiaCollaboration Research and Donation Projects 8,042 8,050 9

22,029 25,493 3,464

Facility Maintenance Expenses 14,112 13,143 968

Operating Expenses 71,304 72,576 1,272

Education and Research Expenses 49,275 47,083 2,193Medical Service Expenses

Classification Budget Actual Difference(Actual - Budget)

Reduction of Appropriated Surplus 545 814 269

Total 105,191 109,803 4,612

Reduction of Reserve Allowance 464 395 69

Revenue from Industry-AcademiaCollaboration Research and Donations 8,042 9,834 1,792

○ Expenditures (In millions of yen)

Other Miscellaneous Revenue 1,224 1,455 231Revenue from appropriation of property 497 680 183University Hospital Revenue 23,537 25,938 2,401

Non-Subsidy Revenue 34,409 37,197 2,789

Revenue from Tuitions, Admission and Examination Fee 9,150 9,124 26

Grants for Facilities from the Center forNational University Finance and Management 175 175 -

Subsidy Revenue 6,339 6,711 372

Facilities Maintenance Grants 12,018 10,779 1,239

Management Expenses Grants 43,200 43,899 699

Earnings Statement

○ Revenue (In millions of yen)

Classification Budget Actual Difference(Actual - Budget)

Earnings Statement

Asthemajorityoftheoperatingfundsisappropriatedfromthenationalgovernmentresources,managementby

budgetclassificationssimilartothatofthenationalgovernmentisrequired.Thestatementshowsthesituationof

implementationincomparisonstothebudgetplan.

Itincreasedduetoreconstructionrelatedprojects by thesupplementarybudget,etc.

ExpendituresincreasedwithincreaseintheamountsreceivedofDonations.

It increasedduetoincreaseinthenumberofinpatients,surgeriesandoutpatientchemotherapies.

Revenueincreasedduetoeffortstogainexternalfunds.

It increasedduetofacilitiesenhancementforreinforcementoffunctionsofouruniversity,enhancementofhospitalequipmentforreinforcementoffunctionsoftheuniversityhospital,andetc.

Itdecreasedbecause projectstobecontinuedinnextfiscalyearwerecarriedforward.

ExpendituresincreasedwithincreaseintheamountsreceivedofSubsidies.

Itdecreasedbecausetheprojectforbasesofworld-leadingresearchandtheprojectforenhancement ofbasesofmeasuresagainstdeteriorationwerecarriedforwardtofiscalyear2014.

Itdecreasedbecausetheprojectforbasesofworld-leadingresearchandtheprojectforenhancement ofbasesofmeasuresagainstdeteriorationwerecarriedforwardtofiscalyear2014.



On Operating Expenses

■Changes in Annual Operating Expenses

○ Expenditures

○ Revenue

TherevenueofouruniversityconsistsofManagementExpensesGrants

andFacilitiesMaintenanceGrants,whichareprovidedbythenational

government,Subsidies,externalfundssuchasIndustry-Academia

CollaborationResearchandDonations,Non-SubsidyRevenuesuchas

StudentFeeandUniversityHospitalRevenue,andetc.Lookingatthe

changessincefiscalyear2009,ourrevenueisinanincreasingtrend.

TheexpendituresconsistofEducationandResearchExpenses,Medical

ServiceExpenses,Industry-AcademiaCollaborationResearchExpenses,

andetc.Ourexpenditureshavealsobeenincreasingyearbyyearsince

fiscalyear2009.Therefore,ourOperatingExpensesareinaincreasing

trend,anditcanbeseenthatoperationsofouruniversityhavebeen

expanding.

45,240 43,591 48,246 46,464 43,899

6,695 4,2505,271 3,211 10,779

4,2993,151

3,6604,358

6,7119,920

9,9109,536

9,2749,124

19,33321,095

21,79122,546

25,9387,038

7,8118,704 8,880

9,8343,393

2,6602,860 3,063

3,519

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

FY 2009 FY 2010 FY 2011 FY 2012 FY 2013

Management Expenses Grants Facilities Maintenance GrantsSubsidies Student FeeUniversity Hospital Industry-Academia Collaboration Research and DonationsOthers

38,06246,179 50,297 46,643 47,083

19,658

20,32121,175 24,422 25,4936,863

4,4255,446 4,195

13,143

3,5993,092

3,175 4,143

6,711

5,3326,597

7,469 7,677

8,050

5,7325,577

5,464 5,308

5,146

9,670

158

339

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

FY 2009 FY 2010 FY 2011 FY 2012 FY 2013

Education and Research Medical ServiceFacility Maintenance SubsidiesIndustry-Academia Collaboration Research and Donation Projects Redemption of Long-term BorrowingsOthers

97,79695,918 92,468100,068

92,38788,916 86,19193,184

109,803

105,966




Financial Information pertaining to M

anagement

Items of Reserveand Name of

Projects

Reserve Funds BroughtForward from PreviousMid-Term Plan Period

AppropriatedSurplus

TotalRemodeling ofstudent residence

halls

Projects for reserve andmaintenance of educationand research environment

On Profit (Loss)

■Main Causes of Gross Loss

(In thousands of yen)Appropriated Surplus in fiscal year 2013

■Implementation of Appropriated Surplus

Education Expenses 44,367 2,322 46,688

257,110 27,520 284,629

Tools, Furniture andFixtures - 121,325 121,325

Structures - 1,795 1,795

Buildings

Ships - 227,535 227,535

Sub-total 257,110 378,175 635,284

Total 301,476 540,231 841,707

Personnel Expensesfor teachers - 63,065 63,065

Sub-total 44,367 162,056 206,423

Personnel Expensesfor staff - 96,670 96,670

GrossProfit(Loss)ofouruniversityinfiscalyear2013was▲1,368

millionyen(▲399millionyenforouruniversityand▲969millionyen

fortheuniversityhospital).Itwascausedbyfollowingmatters.

(1)MaincausesoftheLossofouruniversity

1)DepreciationExpensesforassetswhichwereacquiredusingNon-

subsidyRevenueandetc. :111millionyen

2)Settlementofconsumptiontax:288millionyen

BotharecausesoftheLossonaccountingduetogapbetweenrecordof

expensesandincomematchinigtheexpenses,whicharenottroubleon

management.

(2)MaincausesoftheLossoftheuniversityhospital

1)Decreaseinincomeduetocontrolofpatientsfortroublewith

protonbeamtreatmentfacilitiy

:49millionyen

2)Repaircostforprotonbeamtreatmentfacilityandetc.

:216millionyen

3)VariouscostswithchangeofthecurrentPFIcontract

:206millionyen

4)UniversityhospitalincomeandDepreciationExpensesinfunctional

advancementperiodwiththeredevelopmentproject

:385millionyen

5)Priorenhancementoffacilitiesandequipment(recordedas

Expenses)formaintenanceandimprovementofhighlyadvanced

andacutestagemedicalcarefunction

:115millionyen

Thesearepeculiarfactorsduetotroublewithprotonbeamtreatment

facility,temporaryfactorsduringshiftperiodinthesubstantialfirst

fiscalyearofoperationsaftertheredevelopmentprojectandprior

enhancementoffacilitiessuchassurgicalfacilitiesintermsof

undertakingsocialresponsibilityastheonlyuniversityhospitalaswell

asspecialfunctionhospitalintheprefecturedespitefearofthebalance

goingworse.

Weexpectthatthesepeculiarfactorsandtemporaryfactorsare

eliminatedfromthenextfiscalyear.However,theenvironment

surroundinghospitalmanagementisgettingsevererduetorevisionof

medicaltreatmentfees(substantialminusrevision),revisionof

consumptiontaxrateandetc.

Inthissituation,wesettled“ActionProgramforRevenueand

ExpendituresTargetAchievementoftheUniversityHospitalinfiscal

year2014,”whichsetsspecific targetsofreductionincostssuchas

PersonnelExpensesandMedicalServiceExpensesaswellasincreasein

UniversityHospitalIncome,inordertomaintainanddevelopstable

management.Membersoftheuniversityhospitalareworkingonstable

hospitalmanagementinordertoachievethegoal.

1,643 1,751

303

▲ 799

▲ 1,432

1,833 2,033

395

▲ 579

▲ 1,368

▲ 1,500

▲ 1,000

▲ 500

0

500

1,000

1,500

2,000

2,500

3,000

FY 2009 FY 2010 FY 2011 FY 2012 FY 2013

Ordinary Profit (Loss)Gross Profit (Loss)

Infiscalyear2013,wereduced301,476thousandyenofReserveFunds

BroughtForwardfromPreviousMid-TermPlanPeriodinto“Projectsfor

remodelingstudentresidencehalls” and540,231thousandyenof

AppropriatedSurplusinto“Projectsforreserveandmaintenanceof

educationandresearchenvironment(therenewalofmarineresearch

shipatShimodaMarineResearchCenter,purchaseofself-navigation

robotwithhi-visioncamerainthewater,reinforcementoffunctionsof

ourlabolatoryschoolsandtheuniversityhospitalandetc.).”

marine research ship “Tsukuba II”

(In millions of yen)Changes in Annual Gross Profit (Loss)

self-navigation robot with hi-vision camera in the water _______________________

University of Tsukuba 30


anagement

[ Sponsored Research, Cooperative Research, Sponsored Operations ]

■Changes in Annual Management Expenses Grants and External Funds

On External Funds

■Changes in Annual External Funds Received

[ Donations ]

[ Subsidies ]

[ Grants-in-Aid for Scientific Research ]Externalfundsreceivedinfiscalyear2013increasedby3,227

millionyencomparedtofiscalyear2012withvariouseffortsleading

totherise.Theydoubledcomparedtofiscalyear2008,whichshows

thegrowthofouruniversity.

2,353 2,1393,171 3,707 3,691 3,514

744 670

579650 617 687

559 830750

583 597 8781,120 1,815

1,4421,680 1,757

2,406

878

4,327 3,5283,922 4,358

6,711

3,692

4,1653,879

4,4384,663

4,712

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

20,000

FY 2008 FY 2009 FY 2010 FY 2011 FY 2012 FY 2013

Grants-in-Aid for Scientific ResearchSubsidiesDonationsSponsored OperationsCooperative ReaserchSponsored Research

Theyareresearchaidsforthedevelopmentoforiginal/leadingresearchinallfieldsfromhumanities/socialsciencestonaturalsciences,grantedbythenationalgovernmenttoindividualresearchers.Infiscalyear2013,theamountincreasedby50millionyencomparedtofiscalyear2012.

- Grants-in-Aid for Scientific Research (Kakenhi) : 1,957 4,234 million yen- Health and Labor Sciences Research Grants : 72 322 million yen- Other Grants : 5 157 million yen

Theyaregrantedbythenationalgovernmentorlocalpublicauthoritiestospecificprojectsoftheuniversity.Infiscalyear2013,theamountincreasedby2,353millionyencomparedtofiscalyear2012.

- Subsidy for the Support for University Education : 6 744 million yen- Subsidy for state-of-the-art high-performance general-purpose

supercomputer project : 2 797 million yen- Subsidies of the Project for Promoting International Core

for Research (WPI) : 1 939 million yen- Funding Program for World-Leading Innovative R&D

on Science and Technology (FIRST) : 2 1,024 million yen

Theyaredonatedfundsfromcorporationsorindividualstotheuniversityforthepurposeofenhancingeducationorforacademicresearch.Theyincludeendowedcoursesthatarecoursesfundedbydonationsfromprivateinstitutions.Infiscalyear2013,theamountincreasedby648millionyencomparedtofiscalyear2012.

- Mito Clinical Education and Training Center operations : 1 251 million yen- Hitachinaka Medical Education and Research Center operations : 1 120 million yen- Certificate Programme on Nature Conservation (Endowed course) : 1 500 million yen- Ibaraki Prefecture Research Course on Regional Medical System

(Endowed course) : 1 202 million yen

SponsoredResearchisasystemunderwhichouruniversityiscommissionedfromanexternalconsignertoconductresearchastheuniversity'soperationandreportstheresultstothisconsigner.CooperativeResearchisthattheuniversitycarriesoutaresearchoncommonsubjectbycooperatingwithorsharingitwithoutsideresearchers.Infiscalyear2013,theamountdecreasedby175millionyencomparedtofiscalyear2012.

- Team “Nippon” Multi Support Project : 1 978 million yen- Strategic Basic Research Program (CREST) : 19 522 million yen- Strategic Basic Research Program (PRESTO) : 16 222 million yen

33,303 33,000 32,820 32,599 32,429 30,948

9,346

13,946 13,349 14,979 15,68318,909

0

10,000

20,000

30,000

40,000

FY 2008 FY 2009 FY 2010 FY 2011 FY 2012 FY 2013

Management Expenses Grants in general External Funds

15,683

9,346

13,94613,349

14,979

18,909


Thegraphontherightcomparestheabovementionedamount

ofexternalfundsreceivedandtheamountofManagement

ExpensesGrantsingeneralreceived.WhileManagement

ExpensesGrantsingeneralhavebeendecreasingyearbyyear,it

canbeseenthatexternalfundsreceivedhavebeenincreasing

andsupportingtheoperationsoftheuniversity.

*ManagementExpensesGrantsingeneralexcludesspecialexpenses,specialfactorexpenses,andtheportionfromthesupplementarybudget.


* Only main projects are mentioned in tables.

*Includesindirectexpenses.*Excludesgifts-in-kindinDonations.



anagement

1,071,217

-27,943 34,446

Total 2,034228,1294,041,756 3,975,358

314,6431,091,333

1,872Leading-edge ResearchPromotion Fund(Multi-year Fund)

428,17993,142 114,818

-63,411 63,411

Grants for IndustrialTechnology Research 1-

6,240 6,240-

1,872

156,295Health and LaborSciences Research Grants 72-

388,826 388,826

183,694282,033 276,523

Kakenhi(Multi-year Fund in part) 23340,143

593,940 524,242130,949

177,404

538,670Multi-year Fund-basedGrants-in-Aid(Multi-year Fund)

962159,807944,652 926,275

ClosingbalanceIndirect expenses Indirect expenses

Grants-in-Aid forScientific Research(Kakenhi)

762-2,014,956 2,014,956

-538,670

■Grants-in-Aid for Scientific Research

Classification NumberInitialbalance

Increase

Direct expenses

Decrease

Direct expenses

(In thousands of yen)Grants-in-Aid for Scientific Research Deposited in Fiscal Year 2013

Total 70260,342 7,139,102 7,308,637 90,807

Subsidies other thanfrom the above 3240,868 819,217 1,055,248 4,837

Subsidies from LocalGovernment 14- 227,269 227,269 -

Subsidies fromNationalGovernment

5319,474 6,092,616 6,026,120 85,970

■Subsidies

Classification NumberInitialbalance Increase Decrease Closing

balance

Subsidies Deposited in Fiscal Year 2013 (In thousands of yen)

Total 7,0983,676,461 2,405,721 2,036,151 4,046,031

Funds 6,279368,565 108,945 118,346 359,164

Endowed courses 18386,632 1,183,625 701,934 868,323

Donations 8012,921,265 1,113,150 1,215,870 2,818,545

■Donations

Classification NumberInitialbalance

Increase Decrease Closingbalance

(In thousands of yen)Donation Liabilities in Fiscal Year 2013

Infiscalyear2013,theamountreceivedincreased

drasticallycomparedtofiscalyear2012duetothe

CertificateProgrammeonNatureConservation(5

yearsfromfiscalyear2014;500,000thousandyen)

andetc.

InFunds,thenumberofdonationstotheUniversityof

TsukubaFundbyfamiliesofourstudents,ouralumni

andtheirfamiliessextupledcomparedtofiscalyear

2012.

Infiscalyear2013,theamountreceivedincreased

drasticallycomparedtofiscalyear2012dueto

SubsidiesoftheProjectforPromotingInternational

CoreforResearch(InternationalInstitutefor

IntegrativeSleepMedicine;938,958thousandyen),

SubsidiesforPromotingtheEnhancementofNational

UniversityReform (SettingupACooperativeProgram

inCollaborationwiththeNationalInstituteofFitness

andSportsinKanoya;529,004thousandyen),

SubsidiesfortheSupportforUniversityEducation (Ph.

D.PrograminEmpowermentInformatics; 245,400

thousandyen)andetc.

Infiscalyear2013,boththenumberandtheamount

receivedincreasedcomparedtofiscalyear2012due

totheincreaseinthenumberofScientificResearch

project(B)ofMulti-yearFundsinpart,Scientific

Researchproject(C)ofMulti-yearFundsandGrants-

in-AidforYoungScientistsproject(B)ofMulti-year

Fundsselected.

Inaddition,thenumberofMulti-yearFundsexceeded

thatofKakenhi(Single-yearFunds)infiscalyear2013.

WecansaythattheshifttoMulti-yearFunds,which

scientistscanuseaccordingtotheprogressof

researchwithoutbeingboundbybordersoffiscal

years,ismakingprogress.

* Excludesgifts-in-kind.*IncludesLong-termDonationLiabilities.*Thenumberofdonationsreceivedisthetotal.*Fundsincludethe“theUniversityofTsukubaFund” aswellasthe“Fundfortheoccasionofthe120yearanniversaryoftheestablishmentoftheJuniorandSeniorHighSchoolatOtsuka, UniversityofTsukuba,” andetc.

*Subsidiesotherthanfromtheabovementionedarethoseprovidedbyindependentadministrativeagencies,etc.

*Includesamountsreceivedasexpensesshared._______________________

University of Tsukuba 32


anagement

On Funds

■Changes in Annual Cash Flow

■Track Record of Profit from Fund Management

CashFlowStatementfocusesontheflowoffunds

(cash)duringacertainaccountingperiodand

describestheflowinspecificactivitysegments.

Infiscalyear2013,“CashFlowfromOperating

Activities,” whichshowstheflowoffundsfor

educationandresearchactivities,increasedby77

millionyencomparedtofiscalyear2012dueto

increaseintheUniversityHospitalRevenueand

SubsidyRevenueeventhoughManagement

ExpensesGrantsRevenuedecreasedandMedical

ServiceOperationExpendituresincreased.“Cash

FlowfromInvestingActivities,” whichshows

purchaseandsalesofmarketablesecurities,suchas

governmentbondsandcertificatesofdeposit,and

tangiblefixedassets,decreasedcomparedtofiscal

year2012duetodecreaseinExpendituresfrom

AcquisitionofMarketableSecurities.Ontheother

hand,“CashFlowfromFinancingActivities,” which

showsthesituationofprocurementandrepayment

offunds,was▲9,174millionyenmainlydueto

repaymentofLong-termBorrowings,Lease

LiabilitiesandPFIliabilities.

Sincethecorporatizationofnationaluniversities,Management

ExpensesGrantshavebeenbeingreducedeveryyearandto

securevarioussourcesofrevenueisthechallengeforus.

Ouruniversitymakesfundmanagementusingfundsnot

scheduledtobepaidoutinforeseeablefuture.Weinvest

Donationsingovernmentbondsandgovernmentguaranteed-

bondsforlong-termmanagementaswellasweinvest

ManagementExpensesGrantsincertificatesofdepositforshort-

term(lessthanoneyear)management.

Infiscalyear2013,interestreceivedwasroughlythesameas

lastfiscalyeareveninthesituationthatmarketinterestrates

werelow.Thisisbecausetheinterestrateimproveddueto

reviewinglong-termmanagementplanfrom5yearsinto10

years.Ontheotherhand,interestreceivedbyshort-term

managementdecreasedbecausefundsdecreasedcomparedto

lastfiscalyearduetoincreaseinexpendituresfortroublewith

protonbeamtreatmentfacilityintheuniversityhospital.

*Themarketinterestaverageratesaretakenfromtheaverageannualyieldfornewlyissuedten-yeargovernmentbonds.

15,405

12,081

14,867

11,762 11,840

▲ 190

▲ 8,198

▲ 14,555

▲ 3,841 ▲ 2,084

▲ 7,497 ▲ 7,369▲ 7,163 ▲ 6,248

▲ 9,174

15,032

11,545

4,695

6,3686,948

▲ 15,000

▲ 10,000

▲ 5,000

0

5,000

10,000

15,000

20,000

25,000CF from Operating Activities CF from Investing Activities

CF from Financing Activities Balance of funds

30,83116,396 18,351 18,628 11,434

37,357

31,805 24,882 21,13927,766

1.369%

1.165%1.076%

0.806%0.693%

‐0.400%

‐0.200%

0.000%

0.200%

0.400%

0.600%

0.800%

1.000%

1.200%

1.400%

1.600%

1.800%

2.000%

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000

FY 2009 FY 2010 FY 2011 FY 2012 FY 2013

Fund management for long‐term

Fund management for short‐term

Market interest average rates

FY 2013FY 2009 FY 2010 FY 2011 FY 2012

39,20039,767

68,188

48,20143,233


(In thousands of yen)



anagement

■Share of Assets by Usages

On Fixed Assets

■Deterioration Rate of Buildings

(In millions of yen)Changes in Annual Deterioration Rate of Buildings

Research

28.64%

Medical service

26.83%

Education

19.84%

Education and Research

Support

14.46%

General Administrative

9.77%

Sponsored Research /

Sponsored Operations

0.46%

86,77491,660 97,557

125,384

134,489

25,976 30,021 34,68540,052

46,013

29.9%

32.8%

35.6%

31.9%34.2%

20.0%

24.0%

28.0%

32.0%

36.0%

40.0%

0

40,000

80,000

120,000

160,000

FY 2009 FY 2010 FY 2011 FY 2012 FY 2013

Acquisition valueCumulative amount of depreciationDeterioration rate of buildings

BycalculatingtherateofcumulativeamountofDepreciationExpenses

forBuildingstoacquisitionvalueofthem,itcanbegraspedasawhole

that howlongtheyhavebeenfromacquisitionascomparedwiththeir

servicelives.

Infiscalyear2012,deteriorationratedeclinedbecauseanewbuilding

wasbuiltbytheprojectfortheuniversityhospitalredevelopment.

However,itroseinfiscalyear2013becausenolarge-scaleremodeling

orrenewalofbuildingswasapplied.

Furthermore,atthecorporatizationofnationaluniversitiesinfiscalyear

2004,thebuildingswhichwereacquiredbyfiscalyear2003were

capitalizedandsucceededfromthenationalgovernment.However,

acquisitionvaluewasrecordedonestimatedvalueasofthetimeof

corporatization,aswellastheirservicelivesweresetasnewservice

livesonthatremainingasofthetimeofcorporatization.Becauseofthat,

yearsofdepreciationareshorterthanactualagesofservice.Asaresult,

actualdeteriorationrateofbuildingsismoreprogressingthanoneon

thegraph.

Deterioration rate of buildings (%) = Cumulative amount of depreciation / Acquisition value

Total Assets

373,959 million yen

Therightgraphshowstheshareofassetsbyusages.The

valueofassetsistheremainingvalue,whichsubtracts

DepreciationExpensesuntilnowfromacquisitionvalue,as

oftheendoffiscalyear2013.

Assetswhichmainlyincreasedarefollowing:education

assetsduetocompletionoftheCentralGymnasiumand

researchassetsduetorepairworksonbuildingforthe

InstituteofMedicine.

Itseemsthatnearlyequallevelsoffunds areinvestedin

education,researchandmedicalservice.Wecansaythat

well-balancedinvestmentsnotbeingone-sidedbyanyof

usagesaremade.

*ThetotalingraphontherightexcludesitemssuchasConstructioninProgressfrom“FixedAssets” inBalanceSheetonpage21.



anagement

* If the arrow indicated on the lower part of the ratio column is pointing upward, the indicator is better when the figure is higher. The opposite is true if the arrow is pointing downward.

Financial Indicator Analyses

Explanation of Indicator Indicator Analysis

Financial Strength / Stability

Current Ratio

Current Assets / Current Liabilities

An indicator shows the short-term solvency (within one year)and the higher the figure, thelarger the margin of solvency. Ifthe current ratio is over 100%, itcan be said that the CurrentLiabilities can be paid off withCurrent Assets.

It declined because CurrentAssets decreased due toacquisition of Investment inSecurities by having short-term certificates of depositrefunded even thoughCurrent Liabilities alsodecreased due toRedemption of Borrowingsand PFI Liabilities.

3)

020406080100120140160180Current Ratio

Capital Adequacy Ratio

Total Debt to Total CapitalRatio

Operating Expenses toEducation Expenses Ratio

Operating Expenses toResearch Expenses Ratio

University Hospital Incomeper Bed

External Funds RatioPersonnel Expenses Ratio

General AdministrativeExpenses Ratio

Ordinary Profit Ratio

Interest Received Ratio

Medical Service ExpensesRatio

University Hospital AssetTurnover Ratio

FY 2009 FY 2010 FY 2011 FY 2012 FY 2013Our university 98.3% 93.5% 89.5% 82.6% 77.3%

Average 103.2% 95.6% 96.4% 107.4% 103.1%

70.0%

80.0%

90.0%

100.0%

110.0%

Current Ratio

Makingafinancialanalysisonthefinancialdata

fromfinancialstatementshelpstobettergrasp

andimprovethefinancialsituationofthe

university.Theanalysisisalsoutilizedasthe

explainatorymaterial towardstheJapanese

peopleandpartiesinvolvedwiththeuniversity.

Ouruniversitymakesanalysesusingthe

followingfiveindicatorscheme.

1) FinancialStrength/StabilityThisindicatorshowswhetherornotthefinancialstructureallowsforstable/continuouseducationandresearchactivities.

2) ActivenessThisindicatorshowswhetherornotresourcesarefinanciallysecured/usedforimprovingthelevelofhighereducationandacademicresearch.

3) PotentialforDevelopmentThisindicatorshowswhetherornottheuniversitystabilizesfinancialresourcesandsecuresmatchingresourcesfortheactivities,bymakingeffortstosecurevariousresourcesoutsideManagementExpensesGrantsfromthenationalgovernmentandStudentFees.

4) EfficiencyThisindicatorshowswhetherornotresourcesareefficientlymanagedinconductingeducationandresearchactivities.

5) ProfitabilityThisindicatorshowstheprofitabilityofNon-SubsidyRevenue;inparticularwhetherornottheexpensesandincomeofgeneralmedicalserviceactivitiesattheuniversityhospitalarebalanced.

Thefollowingradar chartshowstheaverageinthe

rateofuniversitiesofsimilarsizeas100inblue,

andthecorrespondingfigureofouruniversityin

purpleline.

[ Universities of similar size ]

Hokkaido University

Tohoku University

Chiba University

The University of Tokyo

Niigata University

Nagoya University

Kyoto University

Osaka University

Kobe University

Okayama University

1)

1)

1)

2)

2)

2)

4)

4)

5)

5)

5)

5)

1) Financial Strength / Stability

2) Activeness

3) Potential for Development4) Efficiency

5) Profitability



anagement

It rose because costs forrepair works on researchfacilities such as building forHumanities and SocialSciences increased.

* The debt amount in the Total Debt to Total Capital Ratio is calculated as Total Liability minus Per Contra Liabilities for Property Acquisition, Donations Liabilities, Management Expenses Grants Liabilities and Tuitions Liabilities .

Debts / Liabilities and Net Assets

An indicator shows debts thatrequire the payout of fundsagainst Total Assets. It can besaid that the lower the figure,the higher the ability to paybackdebts.

It declined because weredeem Long-termBorrowings for purchase ofland for our campus,Borrowings for facilitiesenhancement in theuniversity hospital and PFILiabilities every year.

Activeness

Operating

ExpensestoEducation

ExpensesRatio

Education Expenses / Operating Expenses

An indicator shows the EducationExpenses against OperatingExpenses. It can be said that thehigher the figure, the larger theexpenses necessary foreducation.

It rose because repair costsfor educational facilities suchas the Central Gymnasiumand scholarship costs such astuition exemption increased.It is higher than the averageof universities of similar size,which shows that we ownplenty of educationalfacilities.

Operating

ExpensestoResearch

ExpensesRatio

Research Expenses / Operating Expenses

An indicator shows the ResearchExpenses against OperatingExpenses. It can be said that thelarger the figure, the higher theexpenses used in researchactivities.


Financial Strength/Stability

Capital Adequacy Ratio

Equity Capital / (Liabilities + Equity Capital)

An indicator shows thesoundness of management. Itcan be said that the larger thefigure, the more sound it is.

It rose because CapitalSurplus increased due toacquisition of Fixed Assets byusing Facility Expenses andRedemption of Long-termBorrowings for purchase ofland for our campus.

Total Debt to Total Capital Ratio


Average 65.5% 65.5% 65.0% 64.2% 62.4%

60.0%

65.0%

70.0%

75.0%

80.0%Capital Adequacy Ratio


Average 20.2% 19.1% 18.3% 18.0% 18.4%

10.0%

15.0%

20.0%

25.0%

Total Debt to Total Capital Ratio


Average 5.1% 4.4% 4.6% 5.1% 5.5%

2.0%

4.0%

6.0%

8.0%

10.0%

Operating Expenses to Education Expenses Ratio


Average 11.3% 11.3% 11.6% 12.4% 12.8%

8.0%

9.0%

10.0%

11.0%

12.0%

13.0%

14.0%

Operating Expenses to Research Expenses Ratio

*



anagement

GeneralAdministrative

ExpensesRatio

General Administrative Expenses/ Operating Expenses

An indicator shows themanagement efficiency of theuniversity from aspects aboutcost. It can be said that the lowerthe figure, the better it is. Thesecosts are genuinely themanagement / operatingexpenses of the university, andhow to reduce them is thechallenge.

We continue making efforts toreduce General AdministrativeExpenses by improvingbusiness for our universityoperations.This ratio declined because theentire Operating Expensesincreased even though GeneralAdministrative Expensesincreased slightly, which showsthat efficiency of operationshas been improved.

Efficiency

Personnel Expenses Ratio

Personnel Expenses / Operating Expenses

An indicator shows themanagement efficiency of theuniversity from personnelaspects. It can be said that thelower the figure, the higher theefficiency is. By investing fundsefficiently, how to raise thequality of education and researchis the challenge.

We continue making effortsto reduce PersonnelExpenses as the level ofcomprehensive PersonnelExpenses reform which wehave been doing.This ratio declined becausethe entire OperatingExpenses increased eventhough Personnel Expensesalso increased withexpansion of operations.

Potential for Development

External Funds Ratio

(Sponsored Research Income +Sponsored Operations Income +Donation Income) / Ordinary Income

An indicator shows how muchexternal funds have beenobtained. It can be said that thehigher the figure, the better it is.This is the indicator used toevaluate the profitability andsituation of activities usingexternal funds.

It rose because acceptance ofSponsored Operations andDonations increased.It has been risingcontinuously since fiscal year2009, which shows that oursources of revenue are beingdiversified as a whole.

Financial Indicator Analyses


Activeness

University Hospital Income per Bed

University Hospital Income / Number of Hospital Beds

An indicator shows the activitylevel of medical service activitiesbased on the size of theuniversity hospital. It can be saidthat the higher the figure, thebetter it is.

It increased because thenumber of surgeries andoutpatients increased bydisplaying functions of highlyadvanced and acute stagemedical care under operationof Keyaki building throughoutthe year.FY 2009 FY 2010 FY 2011 FY 2012 FY 2013

Our university 24,345 26,850 27,652 28,374 32,730

Average 25,592 27,434 28,929 30,294 31,309

21,00023,00025,00027,00029,00031,00033,00035,000

University Hospital Income per Bed


Average 10.5% 10.6% 10.5% 10.0% 10.9%

4.0%

8.0%

12.0%

External Funds Ratio


Average 51.6% 51.1% 51.3% 50.1% 47.8%

45.0%

50.0%

55.0%

60.0%

65.0%

Personnel Expenses Ratio


Average 3.3% 2.9% 2.9% 2.9% 3.0%

2.0%

3.0%

4.0%

5.0%

General Administrative Expenses Ratio

(In thousands of yen)



anagement

It declined because UniversityHospital Income increasedeven though Medical ServiceExpenses also increased due toincrease in medical materialcosts and consignment costsby running highly advancedand acute stage medical care,increase in DepreciationExpenses by operation ofKeyaki building throughout theyear and etc.

UniversityHospitalAsset

TurnoverRatio

Ordinary Income of UniversityHospital /Imputed Assets of UniversityHospital

An indicator shows how muchactivity is done using assets at auniversity hospital from therevenue aspect. It can be saidthat the larger the figure, thebetter the efficiency of the use ofassets is.

It rose because OrdinaryIncome of University Hospitalincreased due to operation ofKeyaki building throughoutthe year in fiscal year 2013even though the hospital'sassets increased by theproject for the universityhospital redevelopment infiscal year 2012.


Profitability


Ordinary Profit / Ordinary Income

An indicator shows theprofitability of operations. It canbe said that the larger the figure,the higher the profitability.

* However, national university corporations are not for-profit organizations.

It declined becausePersonnel Expenses andMedical Service Expensesincreased even thoughOrdinary Income alsoincreased due to increase inUniversity Hospital Incomeand Subsidy Income.


(Interest Received + Interest onMarketable Securities) /(Cash and Deposits + MarketableSecurities)

An indicator shows the amountsof financial income gained fromcash, deposits, and marketablesecurities. It can be said that thelarger the figure, the moreefficiently financial resources aremanaged.

It rose because Interest onMarketable Securitiesincreased due to increase inLong-term Investment inSecurities by fundmanagement.

Medical Service Expenses Ratio

Medical Service Expenses / University Hospital Income

An indicator shows theprofitability of a universityhospital. It can be said that thelower the figure, the better it is.However, personnel expensesare not included in the medicalservice expenses.

FY 2009 FY 2010 FY 2011 FY 2012 FY 2013Our university 2.1% 2.2% 0.4% ▲1.0% ▲1.6%Average 1.7% 2.8% 2.1% 1.5% 1.1%

▲2.0%

0.0%

2.0%

4.0%


FY 2009 FY 2010 FY 2011 FY 2012 FY 2013

Our university 0.3% 0.3% 0.2% 0.2% 0.3%

Average 0.5% 0.3% 0.3% 0.2% 0.2%

0.0%

0.4%

0.8%


FY 2009 FY 2010 FY 2011 FY 2012 FY 2013

Our university 63.8% 61.8% 62.9% 72.3% 71.6%

Average 66.7% 64.5% 64.2% 63.7% 65.7%

55.0%

65.0%

75.0%Medical Service Expenses Ratio


Average 72.2% 75.1% 78.6% 80.0% 77.0%

50.0%

80.0%

110.0%

140.0%

University Hospital Asset Turnover Ratio



anagement

http://www.tsukuba.ac.jp/

Financial Management Report in Fiscal Year 2013

Edited and published by the Department of Finance and

Accounting, the University of Tsukuba

1-1-1 Tennodai, Tsukuba, Ibaraki 305-8577 Japan

Documents

The University of Tsukuba Fiscal Year 2013 Financial