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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Brother Industries, Ltd. and Consolidated Subsidiaries
For the Years ended March 31, 2009 and 2008
Millions of Yen
2008
Japan Americas Europe
Asia and
Others
Eliminations
/Corporate Consolidated
Sales to customers ¥ 130,668 ¥ 175,843 ¥ 193,743 ¥ 66,125 — ¥ 566,379
Interarea sales 297,354 2,089 3,904 200,583 ¥ (503,930) —
Total sales 428,022 177,932 197,647 266,708 (503,930) 566,379
Operating expenses 398,314 170,978 185,183 261,473 (503,072) 512,876
Operating income ¥ 29,708 ¥ 6,954 ¥ 12,464 ¥ 5,235 ¥ (858) ¥ 53,503
Thousands of U.S. Dollars
2009
Japan Americas Europe
Asia and
Others
Eliminations
/Corporate Consolidated
Sales to customers $ 1,073,378 $ 1,621,428 $ 1,693,959 $ 531,694 —$ 4,920,459
Interarea sales 2,607,010 14,929 35,755 1,849,449 $ (4,507,143) —
Total sales 3,680,388 1,636,357 1,729,714 2,381,143 (4,507,143) 4,920,459
Operating expenses 3,642,653 1,615,429 1,648,500 2,357,612 (4,546,806) 4,717,388
Operating income $ 37,735 $ 20,928 $ 81,214 $ 23,531 $ 39,663 $ 203,071
(b) Assets:
Millions of Yen
Thousands of
U.S. Dollars
2009 2008 2009
Japan ¥ 144,771 ¥ 170,687 $ 1,477,255
Americas 59,251 65,816 604,602
Europe 92,381 112,821 942,663
Asia and Others 68,673 78,945 700,745
Subtotal 365,076 428,269 3,725,265
Corporate/Elimination (27,409) (36,010) (279,683)
Total ¥ 337,667 ¥ 392,259 $ 3,445,582
As discussed in Note 2(7), effective April 1, 2008, the useful lives for machinery were changed. The effect due to the change was to
decrease operating income of Japan by ¥426 million ($4,347 thousand) for the year ended March 31, 2009.
(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 ¥400,556 million
($4,087,306 thousand) and ¥468,410 million for the years ended March 31, 2009 and 2008, respectively.
The following is a breakdown of overseas sales by region for the years ended March 31, 2009 and 2008:
Millions of Yen
Thousands of
U.S. Dollars
2009 2008 2009
Americas ¥ 160,244 ¥ 176,831 $ 1,635,142
Europe 167,706 196,530 1,711,286
Asia and Others 72,606 95,049 740,878
Total ¥ 400,556 ¥ 468,410 $ 4,087,306
17. Subsequent Events
Appropriations of Retained Earnings
The following appropriations of retained earnings at March 31, 2009 were approved at the Company’s board of directors’ meeting held
on May 15, 2009:
Millions of Yen
Thousands of
U.S. Dollars
Year-end cash dividends of ¥12 ($0.122) per share ¥ 3,225 $ 32,908
42 Brother Annual Report 2009