Casio 2015 Annual Report Download - page 21

Financial Section
Management
Foundation Corporate Data
Annual Report 2015 CONTENTS / 4220
Prole To Our Stakeholders Casio's Strength Special Features Financial Highlights
Consolidated Statements of Income and Consolidated Statements of Comprehensive Income
Years ended March 31, 2015 and 2014 Casio Computer Co., Ltd. and Consolidated Subsidiaries
Millions of Yen
Thousands of
U.S. Dollars
(Note 1)
Consolidated Statements of Income 2015 2014 2015
Net sales (Note 13) .................................................................... ¥338,389 ¥321,761 $2,819,908
Costs and expenses (Note 13):
Cost of sales ........................................................................... 190,706 189,358 1,589,216
Selling, general and administrative expenses ............................ 103,733 97,475 864,442
Research and development expenses ...................................... 7,187 8,352 59,892
301,626 295,185 2,513,550
Operating income (Note 13) ...................................................... 36,763 26,576 306,358
Other income (expenses):
Interest and dividend income ................................................... 1,101 1,030 9,175
Interest expenses .................................................................... (888) (1,208) (7,400)
Loss on valuation of interest swaps .......................................... (282) —(2,350)
Foreign exchange gains (losses) ............................................... 1,337 (500) 11,142
Loss on retirement of non-current assets.................................. (1,411) (249) (11,758)
Gain on sales of investment securities (Note 6) ......................... 120 414 1,000
Loss on valuation of investment securities (Note 6) ................... — (394) —
Impairment loss (Notes 13 and 15) ........................................... (2,322) (448) (19,350)
Directors’ retirement benefits ................................................... — (2,134) —
Other, net ................................................................................ (198) (130) (1,650)
(2,543) (3,619) (21,191)
Income before income taxes and minority interests ................ 34,220 22,957 285,167
Income taxes (Note 9):
Current ................................................................................... 5,347 4,238 44,559
Deferred .................................................................................. 2,446 2,700 20,383
7,793 6,938 64,942
Income before minority interests .............................................. 26,427 16,019 220,225
Minority interests in income ......................................................... 27 30 225
Net income ............................................................................ ¥ 26,400 ¥ 15,989 $ 220,000
Yen
U.S. Dollars
(Note 1)
Amounts per share of common shares:
Net income ............................................................................. ¥100.08 ¥59.47 $0.83
Diluted net income .................................................................. 98.77 59.45 0.82
Cash dividends applicable to the year ...................................... 35.00 25.00 0.29
See accompanying notes.
Millions of Yen
Thousands of
U.S. Dollars
(Note 1)
Consolidated Statements of Comprehensive Income 2015 2014 2015
Income before minority interests .............................................. ¥26,427 ¥16,019 $220,225
Other comprehensive income:
Valuation difference on available-for-sale securities ................... 5,057 2,711 42,142
Deferred gains or losses on hedges ......................................... 49 94 408
Foreign currency translation adjustment ................................... 5,199 5,248 43,325
Remeasurements of defined benefit plans ................................ 1,896 — 15,800
Share of other comprehensive income of entities accounted
for using equity method ........................................................ (0) (0) (0)
Total other comprehensive income ........................................... 12,201 8,053 101,675
Comprehensive income ............................................................ ¥38,628 ¥24,072 $321,900
Comprehensive income attributable to:
Owners of parent..................................................................... ¥38,601 ¥24,042 $321,675
Minority interests ..................................................................... 27 30 225
Reclassification Adjustments and
Tax Effects for Other Comprehensive Income
Millions of Yen
Thousands of
U.S. Dollars
(Note 1)
2015 2014 2015
Valuation difference on available-for-sale securities
Increase (decrease) during period ............................................ ¥ 7,034 ¥ 4,121 $ 58,617
Reclassification adjustments .................................................... (40) 90 (333)
Amount before income tax effect .......................................... 6,994 4,211 58,284
Income tax effect ................................................................. (1,937) (1,500) (16,142)
Total .................................................................................... 5,057 2,711 42,142
Deferred gains or losses on hedges
Reclassification adjustments .................................................... 77 154 641
Amount before income tax effect .......................................... 77 154 641
Income tax effect ................................................................. (28) (60) (233)
Total .................................................................................... 49 94 408
Foreign currency translation adjustment
Increase (decrease) during period ............................................ 5,199 5,248 43,325
Remeasurements of defined benefit plans
Increase (decrease) during the period ....................................... 2,747 — 22,891
Reclassification adjustments .................................................... (367) — (3,058)
Amount before income tax effect .......................................... 2,380 — 19,833
Income tax effect ................................................................. (484) — (4,033)
Total .................................................................................... 1,896 — 15,800
Share of other comprehensive income of entities accounted
for using equity method
Increase (decrease) during period ............................................ (0) (0) (0)
Total other comprehensive income .............................................. ¥12,201 ¥ 8,053 $101,675
See accompanying notes.