Nikon 1998 Annual Report Download - page 18

Download and view the complete annual report

Please find page 18 of the 1998 Nikon 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 32

  • 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

Thousands of
U.S. Dollars
Millions of Yen (Note 1)
1998 1997 1998
ASSETS
Current assets
Cash and time deposits ¥18,290 ¥22,992 $0,138,463
Marketable securities (Notes 3 and 5) 21,851 27,569 165,420
Notes and accounts receivable—trade (Note 5):
Customers 140,521 125,917 1,063,753
Unconsolidated subsidiaries and associated companies 2,534 2,704 19,189
Allowance for doubtful receivables (3,001) (1,933) (22,723)
Inventories (Note 4) 154,368 120,175 1,168,576
Deferred income taxes 3,955 3,391 29,943
Other current assets 11,582 9,515 87,678
Total current assets 350,104 310,332 2,650,299
Property, plant and equipment (Note 5)
Land 15,236 15,039 115,344
Buildings and structures 83,461 78,912 631,805
Machinery and equipment 150,725 140,909 1,140,993
Construction in progress 6,284 6,879 47,573
Accumulated depreciation (151,792) (142,972) (1,149,070)
Net property, plant and equipment 103,915 98,768 786,645
Investments and other assets
Investments in securities (Notes 3 and 5) 32,794 32,783 248,256
Investments in unconsolidated subsidiaries and associated companies (Note 3) 3,166 2,726 23,967
Other investments 14,157 11,290 107,176
Long-term loans:
Employees and other 1,782 1,949 13,497
Unconsolidated subsidiaries and associated companies 233 268 1,766
Allowance for doubtful receivables (522) (31) (3,954)
Other assets 1,693 2,181 12,823
Total investments and other assets 53,306 51,170 403,531
Total ¥507,326 ¥460,271 $3,840,475
See accompanying Notes to Consolidated Financial Statements.
16 Nikon Corporation
CONSOLIDATED BALANCE SHEETS
Nikon Corporation and Consolidated Subsidiaries
At March 31, 1998 and 1997
QX /NIKON AR 98 9/21 00.4.11 7:39 PM ページ 16