Epson 2011 Annual Report Download - page 80

Download and view the complete annual report

Please find page 80 of the 2011 Epson annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 98

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98

79
24. Segment information
From the current fiscal year, Epson adopted ASBJ Statement No.17, “Revised Accounting Standard for
Disclosures about Segments of an Enterprise and Related Information” (Revised on March 27, 2009) and its
implementation guidelines, ASBJ Guidance No.20, “Guidance on Accounting Standard for Disclosures about
Segments of an Enterprise and Related Information,” issued on March 21, 2008. As a result, segment
information for the years ended March 31, 2010 and 2011 are based on the revised standard.
(a) Summary of reporting segments
Epson and its subsidiaries conduct manufacturing and sales of products worldwide under the management of the
Company’s operations divisions. In order for the board of directors to determine the allocation of resources and
assess business results, the operations divisions make individual financial reports, and correspond to business
segments that are subject to regular review.
Epson has consolidated these business segments into three reporting segments based on the type and
characteristics of products and services, and on manufacturing and sales methods. These are the
information-related equipment segment, the electronic devices segment and the precision products segment.
Epson conducts development, manufacturing and sales within its reporting segments as follows.
The information-related equipment segment mainly includes color inkjet printers, page printers, serial impact dot
matrix printers, large-format inkjet printers and related supplies, color image scanners, mini-printers, printers for
use in POS systems, 3LCD projectors, label writers and personal computers.
The electronic devices segment mainly includes crystal units, crystal oscillators, quartz sensors, optical devices,
CMOS LSIs, HTPS-TFT panels for 3LCD projectors and small- and medium-sized LCDs.
The precision products segment mainly includes watches, watch movements, plastic corrective lenses, precision
industrial robots, IC handlers and industrial inkjet equipment.