Brother International 2014 Annual Report Download - page 61

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60
19. Net Income per Share
Reconciliation of the differences between basic and diluted net income per share (“EPS”) for the years ended March 31, 2014 and 2013, is as follows:
Millions of Yen
Thousands of
Shares Yen U.S. Dollars
Net Income
Weighted-Average
Shares EPS
For the year ended March 31, 2014:
Basic EPS
Net income available to common shareholders ¥ 19,221 266,214 ¥ 72.20 $ 0.70
Effect of dilutive securities
Stock acquisition rights 506
Diluted EPS
Net income for computation ¥ 19,221 266,720 ¥ 72.06 $ 0.70
For the year ended March 31, 2013:
Basic EPS
Net income available to common shareholders ¥ 17,826 267,473 ¥ 66.65
Effect of dilutive securities
Stock acquisition rights 435
Diluted EPS
Net income for computation ¥ 17,826 267,908 ¥ 66.54
20. Subsequent Events
(1) Appropriation of Retained Earnings
The following appropriation of retained earnings at March 31, 2014, was approved at the Company’s Board of Directors’ meeting held on May 16, 2014:
Millions of Yen
Thousands of
U.S. Dollars
Year-end cash dividends of ¥12 ($0.12) per share ¥ 3,189 $ 30,961
(2) Sale of Property
At the Board of Directors’ meeting held on May 8, 2014, the Company resolved to sell partly investment property to pursue asset efficiency due to the tenant leaving and
executed the sale on May 29, 2014 based on the resolution.
1) Purchaser: not disclosed based on the settlement with purchaser to which the company is an unrelated third party.
2) Types of assets sold: Land and Building
3) Schedule on the sale transaction:
(a) Date of conclusion of sales contract: May 8, 2014
(b) Date of title transfer: May 29, 2014
Brother Industries, Ltd. and Consolidated Subsidiaries
Year ended March 31, 2014
Notes to Consolidated Financial Statements