Brother International 2011 Annual Report Download - page 26

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Brother Industries, Ltd. and Consolidated Subsidiaries
For the Years ended March 31, 2011 and 2010
24 Brother Annual Report 2011
Details of significant consolidated subsidiaries at March 31, 2011 are listed as follows:
Equity ownership percentage
at March 31, 2011
Capital in
thousands of
local
currency
Directly Indirectly
Brother International Corporation (Japan) 100.0 % — ¥630,000
Brother Real Estate, Ltd. 100.0 — ¥300,000
Xing Inc. 99.9 — ¥7,122,649
Standard Corp. — 100.0 % ¥90,000
Brother Sales, Ltd. 100.0 — ¥3,500,000
Bellezza Club Japan Inc. 100.0 — ¥90,250
Brother International Corporation (U.S.A.) 100.0 — US$7,034
Brother International Corporation (Canada) Ltd. — 100.0 C$11,592
Brother International De Mexico, S.A. De C.V. — 100.0 MEX$75,260
Brother Industries (U.S.A.) Inc. — 100.0 US$14,000
Brother International Corporation Do Brazil, Ltda. — 100.0 R$49,645
Brother International De Chile, Ltda. — 100.0 CH$2,801,966
Brother International Europe Ltd. — 100.0 Stg.£26,500
Brother Holding (Europe) Ltd. 100.0 — Stg.£87,013
Brother U.K. Ltd. — 100.0 Stg.£17,400
Brother Internationale Industriemachinen GmbH — 100.0 EURO9,000
Brother France SAS. — 100.0 EURO12,000
Brother International GmbH (Germany) — 100.0 EURO25,000
Brother Italia S.p.A. — 100.0 EURO3,700
Brother Nordic A/S — 100.0 DKr.42,000
Brother Industries (U.K.) Ltd. 100.0 — Stg.£9,700
Brother Finance (U.K.) Plc 100.0 — Stg.£2,500
Taiwan Brother Industries, Ltd. 100.0 — NT$242,000
Zhuhai Brother Industries, Co., Ltd. 100.0 — US$7,000
Brother Corporation (Asia) Ltd. 100.0 — US$11,630
Brother Industries Technology (Malaysia) Sdn. Bhd. 100.0 — MR21,000
Brother International (Aust.) Pty. Ltd. 100.0 — A$2,500
Brother International Singapore Pte. Ltd. — 100.0 US$9,527
Brother Machinery Xian Co., Ltd. 100.0 — US$31,000
Brother Industries (Shenzhen) Ltd. — 100.0 US$27,000
Brother (China) Ltd. 100.0 — US$20,500
Brother Industries (Vietnam) Ltd. 100.0 — US$50,000
Brother Technology (Shenzhen) Ltd. — 100.0 US$15,000
Under the control or influence concept, those companies in which the Company, directly or indirectly, is able to exercise control over operations
are fully consolidated, and those companies over which the Group has the ability to exercise significant influence are accounted for by the
equity method.
The excess of the cost of an acquisition over the fair value of the net assets of the acquired subsidiary at the date of acquisition is being amor-
tized over the recoverable period, unless deemed immaterial and charged to income.
All significant intercompany balances and transactions have been eliminated in consolidation. All material unrealized profit included in assets
resulting from transactions within the Group is eliminated.
Notes to Consolidated Financial Statements