Nikon 1998 Annual Report Download - page 21

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Nikon Corporation 19
Number of Shares
1998 1997 1996
Shares of common stock (Note 9)
Balance at beginning of year 369,927,584 369,927,584 369,927,584
Balance at end of year 369,927,584 369,927,584 369,927,584
Thousands of
U.S. Dollars
Millions of Yen (Note 1)
1998 1997 1996 1998
Common stock (Note 9)
Balance at beginning of year ¥36,660 ¥36,660 ¥36,660 $277,523
Balance at end of year ¥36,660 ¥36,660 ¥36,660 $277,523
Additional paid-in capital (Note 9)
Balance at beginning of year ¥51,909 ¥51,909 ¥51,909 $392,957
Balance at end of year ¥51,909 ¥51,909 ¥51,909 $392,957
Legal reserve (Notes 10 and 14)
Balance at beginning of year ¥4,511 ¥4,228 ¥3,930 $ 34,155
Transfer from retained earnings 302 282 297 2,294
Balance at end of year ¥4,814 ¥4,511 ¥4,228 $ 36,449
Retained earnings (Notes 11 and 14)
Balance at beginning of year ¥72,698 ¥55,859 ¥40,004 $550,332
Net income 8,318 19,936 18,581 62,971
Cash dividends (2,959) (2,774) (2,959) (22,403)
Bonuses to directors and corporate auditors (40) (40) (20) (302)
Transfer to legal reserve (302) (282) (297) (2,294)
Adjustment due to increase (decrease) in consolidated subsidiaries (45) — 550 (342)
Balance at end of year ¥77,669 ¥72,698 ¥55,859 $587,962
See accompanying Notes to Consolidated Financial Statements.
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
Nikon Corporation and Consolidated Subsidiaries
For the years ended March 31, 1998, 1997 and 1996
QX /NIKON AR 98 9/21 00.4.11 7:39 PM ページ 19