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18 Brother Annual Report 2008
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Brother Industries, Ltd. and Consolidated Subsidiaries
For the Years ended March 31, 2008 and 2007
1. Basis of Presenting Consolidated Financial Statements
The accompanying consolidated financial statements have been prepared in accordance with the provisions set forth in
the Japanese Financial Instruments and Exchange Law (formerly, the Japanese Securities and Exchange Law) and its
related accounting regulations and in conformity with accounting principles generally accepted in Japan, which are dif-
ferent in certain respects as to application and disclosure requirements of International Financial Reporting Standards.
In preparing these consolidated financial statements, certain reclassifications and rearrangements have been made
to the consolidated financial statements issued domestically in order to present them in a form which is more familiar to
readers outside Japan. In addition, certain reclassifications have been made in the 2007 consolidated financial state-
ments to conform to the classifications used in 2008.
The consolidated financial statements are stated in Japanese yen, the currency of the country in which BROTHER
INDUSTRIES, LTD. (the “Company”) is incorporated and operates. The translations of Japanese yen amounts into U.S.
dollar amounts are included solely for the convenience of readers outside Japan and have been made at the rate of
¥100 to $1, the approximate rate of exchange at March 31, 2008. Such translations should not be construed as repre-
sentations that the Japanese yen amounts could be converted into U.S. dollars at that or any other rate.
2. Summary of Significant Accounting Policies
(1) Consolidation
The Company has 71 (75 in 2007) subsidiaries at March 31, 2008. The accompanying consolidated financial statements
as of March 31, 2008 include the accounts of the Company and its significant 52 (54 in 2007) subsidiaries (together, the
“Group”). The remaining 19 unconsolidated subsidiaries’ combined assets, net sales, net income and retained earnings
in the aggregate are not significant in relation to those of the consolidated financial statements of the Group.