Nikon 2005 Annual Report Download - page 43

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41
(b) Geographic Segments
For the year ended March 31, 2005
Net sales
Outside customers
Intersegment sales
Total
Operating expenses
Operating income
Assets
Consolidated
$ 5,945,324
5,945,324
5,660,893
$ 284,431
$ 5,898,374
(Eliminations)
or corporate
$
(3,387,752)
(3,387,752)
(3,379,490)
$ (8,262)
$ (179,551)
Total
$ 5,945,324
3,387,752
9,333,076
9,040,383
$ 292,693
$ 6,077,925
Asia
$ 514,465
733,576
1,248,041
1,200,318
$ 47,723
$ 426,261
Europe
$ 1,323,610
1,035
1,324,645
1,298,002
$ 26,643
$ 538,833
North
America
$ 1,537,251
26,955
1,564,206
1,511,985
$ 52,221
$ 654,887
Japan
$ 2,569,998
2,626,186
5,196,184
5,030,078
$ 166,106
$ 4,457,944
Thousands of U.S. Dollars
Notes: 1. As described in Note 3(a), in the year ended March 31, 2005, foreign subsidiaries changed their method of inventory valuation method to principally the
average method. This change was made in order to minimize its impact to profit or loss from price changes as a result of re-considering the inventory
valuation method due to new inventory management and financial accounting system. Effect of this change to profit or loss is not material.
This change was made during the second half year as re-consideration of inventory valuation method was finalized during the second half period.
2. As described in Note 3(b), in the year ended March 31, 2005, the Company and certain consolidated subsidiaries changed their method of accounting for
such retirement to the method that retirement allowances were recorded to state the liability at the amount that would be required if all directors and
corporate auditors retired at each balance sheet date. The change was made to achieve a more accurate allocation of cost and fiscal health.
The effect of this change was to decrease operating income by ¥177 million ($1,648 thousand) in Japan.
This change was made during the second half period due to the completion of revision of Company’s rules for retirement benefits during the second
half period.
For the year ended March 31, 2005
Net sales
Outside customers
Intersegment sales
Total
Operating expenses
Operating income
Assets
Consolidated
¥ 638,468
638,468
607,923
¥ 30,545
¥ 633,426
(Eliminations)
or corporate
¥
(363,811)
(363,811)
(362,923)
¥ (888)
¥ (19,282)
Total
¥ 638,468
363,811
1,002,279
970,846
¥ 31,433
¥ 652,708
Asia
¥ 55,248
78,779
134,027
128,902
¥ 5,125
¥ 45,776
Europe
¥ 142,143
111
142,254
139,392
¥ 2,862
¥ 57,865
North
America
¥ 165,085
2,895
167,980
162,372
¥ 5,608
¥ 70,328
Japan
¥ 275,992
282,026
558,018
540,180
¥ 17,838
¥ 478,739
Thousands of U.S. Dollars
For the year ended March 31, 2004
Net sales
Outside customers
Intersegment sales
Total
Operating expenses
Operating income (loss)
Assets
Consolidated
¥ 506,378
506,378
502,703
¥ 3,675
¥ 606,513
(Eliminations)
or corporate
¥ (261,281)
(261,281)
(260,157)
¥ (1,124)
¥ (7,051)
Total
¥ 506,378
261,281
767,659
762,860
¥ 4,799
¥ 613,564
Asia
¥ 36,986
18,904
55,890
53,742
¥ 2,148
¥ 33,151
Europe
¥ 124,134
629
124,763
123,900
¥ 863
¥ 53,040
North
America
¥ 148,696
3,121
151,817
146,207
¥ 5,610
¥ 58,828
Japan
¥ 196,562
238,627
435,189
439,011
¥ (3,822)
¥ 468,545
Thousands of U.S. Dollars