Mitsubishi 2007 Annual Report Download - page 81

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79
Notes to Consolidated Financial Statements
March 31, 2007
Party type: Subsidiary Subsidiary
Party name: Heart Beat Dealers LLC Heart Beat Land LLC
Address: Chuo-Ku, Tokyo, Japan Chuo-Ku, Tokyo, Japan
Capital: ¥3 million ¥3 million
Business: Holding and sales of Holding and sales of
beneficial interest in trust beneficial interest in trust
% of voting stock held: Direct 100.0 Direct 100.0
Concurrent board appointment: — —
Business relationship: Investment in anonymous association Investment in anonymous association
Detail of transaction: (1) Proceeds from liquidation (1) Proceeds from liquidation
(2) Gain on liquidation (2) Gain on liquidation
Transaction amount: (1) ¥8,533 million (1) ¥11,229 million
($72,283 thousand) (see (ii) below) ($95,121 thousand) (see (ii) below)
(2) ¥6,880 million (2) ¥7,034 million
($58,280 thousand) (see (ii) below) ($59,585 thousand) (see (ii) below)
Account title: Accrued income —
Balance at year end ¥63 million ($540 thousand) —
(i) Sales of stocks include the sales of an affiliated company’s stocks and sales price is determined based on contract.
(ii) The proceeds in the form of liquidation dividends were from dividend distributions due to the end of anonymous
associations’ operations.
March 31, 2006
Party type: Main stockholder Main stockholder
Party name: DaimlerChrysler AG Mitsubishi Corporation
Address: Stuttgart, Germany Chiyoda-Ku, Tokyo, Japan
Capital: C
=2,649 million ¥197,817 million
Business: Manufacturing and sales of passenger Wholesale trading
cars and other transportation equipment
% of voting stock held: — Direct 14.1
Concurrent board appointment: — 1 concurrent member, 2 permanently
transferred to MMC
Business relationship: International alliances for research, Trading partner
development, production, sales and
similar for passenger cars
Detail of transaction: Loss compensation based on Capital injection
Mitsubishi Fuso Truck and Bus
Corporation stock transfer contract
Transaction amount: — ¥30,000 million
Account title: Accrued expenses, accounts payable Preferred stock and Capital surplus
and deferred income
Balance at year end ¥23,858 million ¥15,000 million in preferred stock and
¥15,000 million in Capital surplus
(i) The capital injection was a third party allocation of preferred stock and decided by negotiation.
(ii) The loss compensation based on stock transfer contract was decided by negotiation based on Mitsubishi Fuso
Truck and Bus Corporation’s net assets.
(iii) DaimlerChrysler AG no longer qualifies as a related party as of November 11, 2005. The transaction amount above
is based on the period when DaimlerChrysler AG qualified as a related party.