Oki 2009 Annual Report Download - page 47

Annual Report 2009 45
(1) Business segments are divided into categories based on the nature of the products or services rendered and similarities in sales methodology.
(2) Eliminations or unallocated amounts of operating expenses consist principally of expenses in the Company’s General and Administrative Depart-
ment and research and development expenses within the Group amounting to ¥ 8,329 million ($84,989 thousand), ¥ 9,087 million and ¥ 9,927
million for the years ended March 31, 2009, 2008 and 2007, respectively.
(3) Eliminations or unallocated amounts of total assets consist principally of the Company’s surplus funds, funds for long-term investments and
assets belonging to the General and Administrative Department amounting to ¥146,369 million ($1,493,561 thousand), ¥119,507 million and
¥135,221 million at March 31, 2009, 2008 and 2007, respectively.
(4) Included in depreciation and amortization and capital expenditures are amortization and additions to long-term prepaid expenses, respectively.
(5) Effective the year ended March 31, 2009, the Company adopted the “Accounting Standard for Measurement of Inventories (Statement No.9,
issued by the Accounting Standards Board of Japan on July 5, 2006)”. As a result of this change, operating income decreased by ¥3,670 million
($37,448 thousand) (while operating income decreased by ¥1,979 million ($20,193 thousand) and ¥46 million ($469 thousand) in Info-Telecom
Systems segment and Printers segment, and operating loss increased by ¥1,608 million ($16,408 thousand) and ¥36 million ($367 thousand) in
Semiconductors segment and Other segment, respectively) for the year ended March 31, 2009 from the corresponding amounts which would
have been recorded under the previous method.
(6) Effective the year ended March 31, 2008, certain domestic consolidated subsidiaries have changed their method of depreciation for property,
plant and equipment acquired on or after April 1, 2007 to reflect the revision to the Corporation Tax Law which went into effect on April 1,
2007. As a result of this change, both operating income and income before income taxes, minority interests and equity in earnings of affiliates
decreased by ¥127 million (while operating loss increased by ¥37 million in Info-Telecom Systems segment, and operating income decreased by
¥30 million, ¥3 million and ¥55 million in Semiconductors segment, Printers segment and Other segment, respectively) for the year ended March
31, 2008 from the corresponding amounts which would have been recorded under the previous method.
Property, plant and equipment acquired on or before March 31, 2007 are depreciated to their respective memorandum value by the straight-
line method over a period of 5 years from the year following the year in which they have been depreciated down to 5% of acquisition cost. As
a result of this change, both operating income and income before income taxes, minority interests and equity in earnings of affiliates decreased
by ¥165 million (while operating loss increased by ¥51 million in Info-Telecom Systems segment, and operating income decreased by ¥41 million,
¥2 million and ¥70 million in Semiconductors segment, Printers segment and Other segment, respectively) for the year ended March 31, 2008
from the corresponding amounts which would have been recorded under the previous method.
Geographical segments
The geographical segment information of the Company and its consolidated subsidiaries for the years ended March 31, 2009, 2008 and 2007 is
outlined as follows:
Millions of yen
Year ended March 31, 2009
Japan North America Europe Asia Subtotal
Corporate and
eliminations Consolidated
Sales to third parties ¥385,353 ¥41,295 ¥88,353 ¥ 30,677 ¥545,680 ¥ — ¥545,680
Inter-area sales 81,286 189 1,114 71,420 154,010 (154,010) —
Net sales 466,640 41,485 89,468 102,097 699,691 (154,010) 545,680
Operating expenses 463,364 43,776 87,011 100,460 694,613 (149,342) 545,270
Operating income (loss) ¥ 3,276 ¥ (2,290) ¥ 2,456 ¥ 1,636 ¥ 5,078 ¥ (4,668) ¥ 410
Total assets ¥276,304 ¥14,539 ¥41,686 ¥ 26,145 ¥358,676 ¥ 38,287 ¥396,963
Millions of yen
Year ended March 31, 2008
Japan North America Europe Asia Subtotal
Corporate and
eliminations Consolidated
Sales to third parties ¥511,204 ¥59,176 ¥104,726 ¥ 44,569 ¥719,677 ¥ — ¥719,677
Inter-area sales 115,705 296 1,946 104,083 222,032 (222,032) —
Net sales 626,910 59,473 106,673 148,653 941,709 (222,032) 719,677
Operating expenses 616,518 61,503 102,953 146,984 927,960 (214,482) 713,477
Operating income (loss) ¥ 10,391 ¥ (2,030) ¥ 3,719 ¥ 1,668 ¥ 13,749 ¥ (7,549) ¥ 6,200
Total assets ¥497,840 ¥24,065 ¥ 55,079 ¥ 47,995 ¥624,981 ¥ (54,162) ¥570,819
Millions of yen
Year ended March 31, 2007
Japan North America Europe Asia Subtotal
Corporate and
eliminations Consolidated
Sales to third parties ¥503,882 ¥65,330 ¥104,940 ¥ 44,612 ¥718,767 ¥ — ¥718,767
Inter-area sales 131,867 419 2,170 102,035 236,492 (236,492) —
Net sales 635,750 65,750 107,110 146,648 955,259 (236,492) 718,767
Operating expenses 632,137 65,958 105,091 145,920 949,108 (224,931) 724,177
Operating income (loss) ¥ 3,612 ¥ (208) ¥ 2,019 ¥ 727 ¥ 6,151 ¥ (11,561) ¥ (5,410)
Total assets ¥542,988 ¥30,747 ¥ 60,951 ¥ 53,266 ¥687,953 ¥ (59,554) ¥628,398