Epson 2005 Annual Report Download - page 74

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75Seiko Epson Annual Report 2005
20. Segment information
(1) Business segment information
Epson is primarily engaged in the development, manufacture and sale of computer printers, liquid crystal displays
(“LCDs”), semiconductor products and other products.
Epson operates manufacturing facilities in Japan, Asia, the Americas and Europe, and markets its products
internationally through a global network of local sales subsidiaries.
Epson is engaged principally in the following three business segments categorized based on the nature of prod-
ucts, markets and marketing methods.
Information-related equipment segment, including color inkjet printers, laser printers, dot matrix printers, large
format inkjet printers, and related supplies, color image scanners, LCD projectors, HDTV LCD projection television,
LCD monitors, label writers, mini-printers, printers for use in POS systems and personal computers.
Electronic devices segment, including small and medium-sized LCD modules, TFT LCD modules for LCD projec-
tors, CMOS LSI, crystal units and crystal oscillators.
Precision products segment, including watches, watch movements, plastic corrective lenses, optical devices,
precision industrial robots and IC handlers.
Operations not categorized in any of the above segments, such as services offered within Epson and new
businesses still in the start-up phase, are categorized within “Other”.
The table below summarizes the business segment information of Epson for the years ended March 31, 2003,
2004 and 2005:
Millions of yen
Year ended March 31, 2003
Business segment
Information- Eliminations
related Electronic Precision and
equipment devices products Other corporate Consolidated
Net sales:
Customers ¥911,459 ¥328,460 ¥77,155 ¥ 5,379 – ¥1,322,453
Inter-segment 4,398 25,828 2,590 20,931 ¥ (53,747) –
Total 915,857 354,288 79,745 26,310 (53,747) 1,322,453
Operating expenses 835,431 382,288 79,100 30,042 (53,768) 1,273,093
Operating income (loss) ¥ 80,426 ¥ (28,000) ¥ 645 ¥ (3,732) ¥ 21 ¥ 49,360
Identifiable assets ¥384,968 ¥402,248 ¥50,706 ¥143,225 ¥214,933 ¥1,196,080
Depreciation and amortization ¥ 34,042 ¥ 75,111 ¥ 4,037 ¥ 12,619 ¥ – ¥ 125,809
Capital expenditures ¥ 27,656 ¥ 35,720 ¥ 3,393 ¥ 22,342 ¥ – ¥ 89,111