Nissan 2008 Annual Report Download - page 89

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87
Nissan Annual Report 2008
Current fiscal year (from April 1, 2007 to March 31, 2008) (Millions of yen)
North Other foreign
Japan America Europe countries Total Eliminations Consolidated
I. Sales and operating income:
Sales:
1. Sales to third parties 2,507,145 4,414,509 2,157,015 1,745,569 10,824,238 — 10,824,238
2. Inter-segment sales and
transfers 2,491,594 235,760 223,142 64,777 3,015,273 (3,015,273) —
Total 4,998,739 4,650,269 2,380,157 1,810,346 13,839,511 (3,015,273) 10,824,238
Operating expenses 4,722,036 4,332,404 2,259,486 1,729,236 13,043,162 (3,009,754) 10,033,408
Operating income 276,703 317,865 120,671 81,110 796,349 (5,519) 790,830
II. Total assets 6,171,415 5,345,010 1,553,029 1,201,330 14,270,784 (2,331,302) 11,939,482
Notes: 1. Countries and areas are segmented based on their geographical proximity and their mutual operational relationship.
2. Major countries and areas which belong to segments other than Japan are as follows:
(1) North America......................... The United States, Canada, and Mexico
(2) Europe........................................... France, The United Kingdom, Spain and other European countries
(3) Other............................................... Asia, Oceania, the Middle East, Central and South America excluding Mexico, and South Africa
3. Until the prior fiscal year, some of the Company’s consolidated subsidiaries charged directors’ retirement benefits to expense when so approved at the
annual general meetings of shareholders. As stated in “Changes in accounting policies,” however, they adopted the method of reporting an amount of
directors’ retirement benefits to be required at the year-end in accordance with the relevant internal regulations as accrued directors’ retirement benefits,
effective from the year ended March 31, 2008.
The effect of this change was to increase operating expenses by ¥441 million and to decrease operating income by ¥441 million for the Japan segment,
compared with the results that would have been obtained under the former method.