Casio 2005 Annual Report Download - page 38

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36 CASIO COMPUTER CO., LTD.
To the Shareholders and Board of Directors of CASIO COMPUTER CO., LTD.:
We have audited the accompanying consolidated balance sheets of CASIO COMPUTER CO., LTD. (a Japanese corpo-
ration) and subsidiaries as of March 31, 2005 and 2004, and the related consolidated statements of income, share-
holders’ equity and cash flows for the years then ended, expressed in Japanese yen. These consolidated financial
statements are the responsibility of the Company’s management. Our responsibility is to independently express an
opinion on these consolidated financial statements based on our audits.
We conducted our audits in accordance with auditing standards generally accepted in Japan. Those standards
require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements
are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts
and disclosures in the financial statements. An audit also includes assessing the accounting principles used and sig-
nificant estimates made by management, as well as evaluating the overall financial statement presentation. We
believe that our audits provide a reasonable basis for our opinion.
In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the
consolidated financial position of CASIO COMPUTER CO., LTD. and subsidiaries as of March 31, 2005 and 2004,
and the consolidated results of their operations and their cash flows for the years then ended, in conformity with
accounting principles generally accepted in Japan.
Without qualifying our opinion, we draw attention to Note 2 to the consolidated financial statements, effective
from the year ended March 31, 2005, CASIO COMPUTER CO., LTD. adopted the accounting standard for impair-
ment of fixed assets.
The consolidated financial statements as of and for the year ended March 31, 2005 have been translated into
United States dollars solely for the convenience of the reader. We have recomputed the translation and, in our opin-
ion, the consolidated financial statements expressed in Japanese yen have been translated into United States dollars
on the basis set forth in Note 1 to the consolidated financial statements.
Tokyo, Japan
June 29, 2005
Independent Auditors’ Report