Epson 2016 Annual Report Download - page 105

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104
32. Discontinued Operations
As of April 1, 2010, Epson transferred a part of its business and some assets in the field of small- and
medium-sized liquid crystal displays to Sony Corporation and Sony Mobile Display Corporation and terminated
the production operation at the end of December, 2010. The profit and loss related to allegations concerning a LCD
price-fixing cartel that occurred during the years ended March 31, 2015 and 2016 was classified into “Discontinued
operations”.
As of November 16, 2012, Epson concluded an agreement with Hoya Corporation (“Hoya”) about the transfer of
the optical products business of the Company and related subsidiaries to Hoya group.
After the Company and related subsidiaries transferred their optical products business to Hoya Group on February
1, 2013, the profit and loss related to the optical products business was classified into “Discontinued operations”.
(1) Reportable Segments
Small- and medium-sized liquid crystal displays business: Other
Optical products business: Other
(2) The analysis of profit and loss of discontinued operations
(3) The analysis of cash flow of discontinued operations
Millions of yen
Thousands of
U.S. dollars
Year ended
March 31,
Year ended
March 31,
2015 2016 2016
Selling, general and administrative expenses (459) (42) (373)
Other operating income 1,000 - -
Other operating expense (1,659) - -
Loss from operating activities (1,118) (42) (373)
Loss before tax (1,118) (42) (373)
Loss from discontinued operations (1,118) (42) (373)
Millions of yen
Thousands of
U.S. dollars
Year ended
March 31,
Year ended
March 31,
2015 2016 2016
Net cash provided by (used in) operating
activities (411) (1,060) (9,407)
Total (411) (1,060) (9,407)