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27. Segment Information
Information and Measurement of Segments
(1) Overview of reportable segments
The Company’s reportable segments are components of the Company for which separate fi nancial information is available and evalu-
ated regularly by management in deciding how to allocate resources and assess performance.
The Company has sites in Japan and overseas for the different products and services it handles and has drawn up a comprehensive
global strategy with business activities being deployed in line with this.
As such, the Company is comprised of three segments for different products and services with a business company at the center
of each.
The three reportable segments are: Business Technologies, Industrial and Healthcare.
Business Technologies manufactures and sells MFPs, printers, and equipment for production printing systems and graphic arts, and
provides related solution services. The Industrial Business manufactures and sells electronic materials (TAC fi lms, etc.), performance
materials, optical products (pickup lenses, etc.), and measuring instruments for industrial and healthcare applications. The Healthcare
Business manufactures and sells consumables and equipment for healthcare systems.
(2) Methods of calculating net sales, profi t or loss, assets, liabilities and other items by reportable segments
Accounting methods for reportable segments are the same as the accounting methods described in Note 2. SUMMARY OF SIGNIFI-
CANT ACCOUNTING POLICIES.
Profi t by reportable segment is operating income. Intersegment net sales are based on market values.
(3) Information on net sales, profi t or loss, assets, liabilities and other items by reportable segments
Segment information of the Companies for the years ended March 31, 2014 and 2013 is presented as follows:
Millions of yen
2014
Business
Technologies Industrial Healthcare Subtotal
Other
(Note 1) Total
Adjustments
(Note 2)
Total amounts
in consolidated
fi nancial
statements
Net sales
External ...................................................
¥729,848 ¥116,126 ¥82,375 ¥928,350 ¥15,409 ¥943,759 ¥ — ¥943,759
Intersegment ..........................................
1,901 2,988 178 5,069 21,891 26,960 (26,960) —
Total .....................................................
731,749 119,115 82,554 933,419 37,300 970,719 (26,960) 943,759
Segment profi t ............................................
63,895 15,155 4,500 83,552 3,723 87,275 (29,130) 58,144
Segment assets ..........................................
556,872 119,760 68,991 745,624 37,509 783,134 182,926 966,060
Segment liabilities ......................................
296,195 62,601 48,962 407,759 13,803 421,563 64,441 486,005
Other items
Depreciation and amortization ................
¥ 27,786 ¥ 10,261 ¥ 2,800 ¥ 40,848 ¥ 2,255 ¥43,103 ¥ 4,267 ¥ 47,371
Amortization of goodwill ........................
8,414 991 — 9,406 — 9,406 — 9,406
Investments in affi liated companies .......
— — 486 486 — 486 — 486
Increases in property, plant and
equipment and intangible fi xed assets
...
23,384 13,302 2,708 39,395 1,707 41,103 6,280 47,383
Notes:
1. ‘Other’ consists of business segments not included in reporting segments such as Industrial Inkjet Business.
2. Adjustments are as follows:
(1) Adjustments of segment profi t represent the elimination of intersegment transactions and expenses relating to the corporate division of the Company, which totaled ¥(5,817)
million and ¥(23,313) million, respectively. Corporate expenses are primarily general administration expenses and R&D expenses that cannot be allocated to any reportable
segment.
(2) Adjustments of segment assets represent the elimination of intersegment assets and assets relating to the corporate division of the Company, which totaled ¥(90,308) million
and ¥273,234 million, respectively. Corporate assets are primarily surplus funds (cash on hand and in banks and short-term investment securities), long-term investment funds
(investment securities), and assets that cannot be allocated to any reportable segment.
(3) Adjustments of segment liabilities represent the elimination of intersegment liabilities and liabilities relating to the corporate division of the Company, which totaled ¥(33,048)
million and ¥97,490 million, respectively. Corporate liabilities are primarily interest-bearing debts (loans payable and bonds payable), and liabilities that cannot be allocated to
any reportable segment.
(4) Adjustments of depreciation and amortization primarily represent depreciation of buildings that cannot be allocated to any reportable segment.
(5) Adjustments of increases in property, plant and equipment and intangible fi xed assets primarily represent capital expenditure on buildings that cannot be allocated to any
reportable segment.
74
KONICA MINOLTA, INC. Annual Report 2014