Fujitsu 2000 Annual Report Download - page 30

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33
Yen U.S. Dollars
(millions) (thousands)
1999 2000 2000
Finished goods ¥397,661 ¥344,954 $3,254,283
Work in process 315,504 326,859 3,083,575
Raw materials 141,499 133,813 1,262,387
¥854,664 ¥805,626 $7,600,245
5. Inventories
Inventories at March 31, 1999 and 2000 consisted of the following:
Yen U.S. Dollars
(millions) (thousands)
At March 31 1999 2000 2000
Current assets ¥819,430 ¥1,001,081 $ 9,444,160
Noncurrent assets 547,105 357,058 3,368,472
1,366,535 1,358,139 12,812,632
Current liabilities 371,247 359,654 3,392,962
Long-term liabilities 188,933 126,553 1,193,896
Net assets ¥806,355 ¥871,932 $ 8,225,774
Yen U.S. Dollars
(millions) (thousands)
Years ended March 31 1998 1999 2000 2000
Net sales ¥1,062,300 ¥822,282 ¥1,075,887 $10,149,877
Net income 60,812 58,000 50,515 476,557
Of the affiliates accounted for by the equity method, the carrying and market values of the shares of the publicly listed
companies at March 31, 1999 and 2000 were as follows: Yen U.S. Dollars
(millions) (thousands)
At March 31 1999 2000 2000
Carrying value ¥271,158 ¥291,078 $ 2,746,019
Market value 685,100 1,490,597 14,062,236
At March 31, 1999 and 2000, the amount of ¥19,373 million ($182,764 thousand) representing the Company’s
29.49% investment in JECC was included in investments and long-term loans—other. The Company does not regard
JECC as an affiliate as it is unable to exercise significant influence over JECC’s affairs. JECC’s principal business is the
leasing of computers and peripherals which it purchases from its seven shareholders. At March 31, 2000, JECC’s
issued share capital was ¥65,700 million ($619,811 thousand). Its net sales for the years ended March 31, 1998, 1999
and 2000 amounted to ¥299,269 million, ¥298,957 million and ¥299,746 million ($2,827,792 thousand) respectively.
6. Investments in Affiliates
A summary of the financial information of the affiliates accounted for by the equity method is presented below: