Nikon 2002 Annual Report Download - page 35

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33
Thousands of U.S. Dollars
Precision Imaging (Eliminations)
Equipment Products Instruments Other Total or Corporate Consolidated
For the year ended March 31, 2002
Net sales
Outside customers $1,462,872 $1,647,849 $ 340,790 $ 173,071 $ 3,624,582 $ $ 3,624,582
Intersegment sales/transfer 30,497 15,021 9,238 188,474 243,230 (243,230)
Total 1,493,369 1,662,870 350,028 361,545 3,867,812 (243,230) 3,624,582
Operating expenses 1,466,096 1,541,789 346,519 349,709 3,704,113 (246,431) 3,457,682
Operating income $27,273 $ 121,081 $ 3,509 $ 11,836 $ 163,699 $ 3,201 $ 166,900
Assets $2,117,895 $ 812,032 $ 261,169 $ 325,934 $ 3,517,030 $ 695,172 $ 4,212,202
Depreciation and amortization 95,263 22,599 5,452 11,149 134,463 134,463
Capital expenditures 174,599 62,934 5,521 8,695 251,749 251,749
Precision Equipment : IC steppers, LCD steppers, etc.
Imaging Products : Cameras, Interchangeable camera lenses, Digital cameras, etc.
Instruments : Microscopes, Measuring instruments, etc.
Other : Binocular and telescope products, Ophthalmic frames, Surveying instruments, etc.
Notes: 1. Effective April 1, 2000, the Group changed its segment classification in line with the introduction of a decentralized management system, which gave the Group
companies empowerment and consistent accountability. Prior to 2001, the Group reported its segment informations as “Consumer Products” and “Industrial
Instruments.” The new segments are identified as “Precision Equipment,” “Imaging Products,” “Instruments” and “Other.” This change was made in order to pre-
sent more information consistent with the management system changes to clarify the management responsibilities of each business unit under the new formation
of organization in the Group.
2. The effect of the new adoption of the accounting for employees’ retirement benefits as described in Note 2.f was to increase operating income in the
Precision Equipment, Imaging Products and Instruments segments for the fiscal year ended March 31, 2001 by ¥854 million, ¥320 million and ¥195 million,
respectively, as compared with the amounts calculated by the prior method in the prior fiscal year.
3. The effect of the new adoption of SAB 101 for revenue recognition as described in Note2.n was to decrease net sales by ¥22,146 million, operating expens-
es by ¥17,599 million and operating income by ¥4,547 million in the precision equipment segment for the fiscal year ended March 31, 2001, and to
decrease assets by ¥5,610 million as of March 31, 2001.
4. The effect of the change in the accounting method of service revenue and related cost was to increase (decrease) net sales in the Precision Equipment,
Imaging Products, Instruments, Other segments and Eliminations or Corporate for the fiscal year ended March 31, 2002 by ¥20,420 million ($153,244 thou-
sand),¥3,797 million ($28,493 thousand),¥1,095 million ($8,221 thousand), ¥926 million ($6,950 thousand), ¥(503) million ($(3,773) thousand), respective-
ly, and decrease (increase) of operating expenses by the same amount, as compared with the amounts calculated by the prior method in the prior fiscal year.
(b) Geographic Segments
Millions of Yen
(Eliminations)
Japan North America Europe Asia Total or Corporate Consolidated
For the year ended March 31, 2002
Net sales
Outside customers ¥173,601 ¥ 203,818 ¥ 83,252 ¥ 22,304 ¥ 482,975 ¥ ¥ 482,975
Intersegment sales 200,860 1,994 147 17,630 220,631 (220,631)
Total 374,461 205,812 83,399 39,934 703,606 (220,631) 482,975
Operating expenses 368,751 198,918 81,127 36,985 685,781 (225,045) 460,736
Operating income ¥5,710 ¥ 6,894 ¥ 2,272 ¥ 2,949 ¥ 17,825 ¥ 4,414 ¥ 22,239
Assets ¥404,958 ¥ 80,167 ¥ 32,139 ¥ 16,273 ¥ 533,537 ¥ 27,739 ¥ 561,276
Millions of Yen
(Eliminations)
Japan North America Europe Asia Total or Corporate Consolidated
For the year ended March 31, 2001
Net sales
Outside customers ¥ 251,354 ¥ 143,225 ¥ 77,533 ¥ 11,845 ¥ 483,957 ¥ ¥ 483,957
Intersegment sales 172,854 1,065 111 13,162 187,192 (187,192)
Total 424,208 144,290 77,644 25,007 671,149 (187,192) 483,957
Operating expenses 369,469 136,282 73,230 21,115 600,096 (177,562) 422,534
Operating income ¥ 54,739 ¥ 8,008 ¥ 4,414 ¥ 3,892 ¥ 71,053 ¥ (9,630) ¥ 61,423
Assets ¥ 425,395 ¥ 89,515 ¥ 37,241 ¥ 12,344 ¥ 564,495 ¥ 28,959 ¥ 593,454