Brother International 2008 Annual Report Download - page 43

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41Brother Annual Report 2008
(b) Assets:
Thousands of
Millions of Yen U.S. Dollars
2008 2007 2008
Japan ¥ 170,687 ¥ 178,523 $ 1,706,870
Americas 65,816 72,875 658,160
Europe 112,821 99,755 1,128,210
Asia and Others 78,945 82,763 789,450
Subtotal 428,269 433,916 4,282,690
Corporate/Elimination (36,010) (34,807) (360,100)
Total ¥ 392,259 ¥ 399,109 $ 3,922,590
As discussed in Note 2(6), property, plant and equipment acquired by the Company and domestic consolidated subsidiaries on and after
April 1, 2007 are depreciated by the declining-balance method in accordance with the revised corporate tax law, which is effective for fiscal
years beginning on and after April 1, 2007. The effect of the adoption of the new accounting standard for depreciation was to decrease
operating income of Japan by ¥925 million ($9,250 thousand) for the year ended March 31, 2008.
3) Sales to Foreign Customers
The Group's sales to foreign customers consisted of export sales by the Company, and its domestic consolidated subsidiaries and sales by
overseas consolidated subsidiaries. After offsetting internal transactions, total overseas sales amounted to ¥468,410 million ($4,684,100
thousand) and ¥447,915 million for the years ended March 31, 2008 and 2007, respectively.
The following is a breakdown of overseas sales by region for the years ended March 31, 2008 and 2007:
Thousands of
Millions of Yen U.S. Dollars
2008 2007 2008
Americas ¥ 176,831 ¥ 188,760 $ 1,768,310
Europe 196,530 174,250 1,965,300
Asia and Others 95,049 84,905 950,490
Total ¥ 468,410 ¥ 447,915 $ 4,684,100