Omron 2002 Annual Report Download - page 22

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Six-year Summary
Omron Corporation and Subsidiaries
Years ended March 31
Millions of yen (except per share data)
2002 2001 2000 1999 1998 1997
Net Sales (Notes 2 and 3):
Industrial Automation ...................................... ¥186,984 ¥227,691 ¥215,087 ¥245,785 ¥ — ¥ —
Electronic Components................................... 128,193 129,444 109,661 56,673 — —
Social Systems Business ................................ 124,627 141,928 128,534 135,872 138,203 145,172
Healthcare ....................................................... 40,617 39,327 42,640 43,729 40,793 36,388
Open Systems ................................................. —— — — 50,131 50,187
Control Components and Systems ................. —— — — 313,642 291,277
Specialty Products .......................................... —— — — 47,263 46,533
Others.............................................................. 53,543 55,869 59,436 73,221 21,763 24,704
533,964 594,259 555,358 555,280 611,795 594,261
Costs and Expenses:
Cost of sales.................................................... 353,429 376,194 358,911 364,314 387,445 388,005
Selling, general and administrative expenses
... 134,907 131,203 133,662 136,734 138,404 130,163
Research and development expenses ............ 41,407 42,513 36,605 42,383 39,914 35,188
Interest expenses, net ..................................... 223 111 750 862 682 1,591
Foreign exchange loss, net ............................. 1,506 1,389 2,841 2,766 4,419 860
Other expenses (income), net.......................... 27,865 2,812 1,553 (28) (1,312) (794)
559,337 554,222 534,322 547,031 569,552 555,013
Income (Loss) before Income Taxes,
Minority Interests and Cumulative
Effect of Accounting Change.................... (25,373) 40,037 21,036 8,249 42,243 39,248
Income Taxes .................................................... (9,348) 17,318 9,048 6,044 23,371 22,952
Minority Interests .............................................. 132 422 427 31 168 557
Income (Loss) before Cumulative
Effect of Accounting Change ....................... (16,157) 22,297 11,561 2,174 18,704 15,739
Net Income (Loss) ............................................. (15,773) 22,297 11,561 2,174 18,704 15,739
Per Share Data (yen):
Income (Loss) before Cumulative
Effect of Accounting Change
Basic ........................................................ ¥ (65.0) ¥ 87.4 ¥ 45.0 ¥ 8.3 ¥ 71.4 ¥ 60.1
Diluted ..................................................... (65.0) 85.3 44.5 8.3 69.8 58.8
Net Income (Loss)
Basic ........................................................ (63.5) 87.4 45.0 8.3 71.4 60.1
Diluted ..................................................... (63.5) 85.3 44.5 8.3 69.8 58.8
Cash Dividends (Note 1) ................................ 13.0 13.0 13.0 13.0 13.0 13.0
Capital Expenditures (cash basis) ................... ¥ 38,896 ¥ 37,583 ¥ 31,146 ¥ 36,696 ¥ 35,896 ¥ 29,956
Total Assets ....................................................... 549,366 593,144 579,489 580,586 593,129 610,930
Total Shareholders’ Equity ............................... 298,234 325,958 336,062 321,258 343,066 333,102
Value indicators:
Gross profit margin (%) ................................... 33.8 36.7 35.4 34.4 36.7 34.7
Income (loss) before tax/Net sales (%)............ (4.8) 6.7 3.8 1.5 6.9 6.6
Return on sales (%) ......................................... (3.0) 3.8 2.1 0.4 3.1 2.6
Return on assets (%) ....................................... (4.4) 6.8 3.6 1.4 7.0 6.4
Return on equity (%)........................................ (5.1) 6.7 3.5 0.7 5.5 4.8
Inventory turnover (times)................................ 4.25 4.44 4.56 4.18 4.28 4.66
Price/earning ratio (times)................................ —23.6 64.9 175.0 28.3 36.6
Assets turnover (times) .................................... 0.93 1.01 0.96 0.95 1.02 0.97
Debt/equity ratio (times) .................................. 0.842 0.820 0.724 0.807 0.729 0.834
Interest coverage ratio (times) ......................... 4.36 26.83 14.64 5.56 20.05 12.27
Notes: 1. Cash dividends per share represent the amounts applicable to the respective year, including dividends to be paid after the end of the year.
2. Certain reclassifications have been made to the net sales amounts previously reported for 2001 in order for them to conform to 2002 categories.
The amounts previously reported for 2001 were: Industrial Automation, ¥239,225 million; Electronic Components, ¥117,910 million.
These same reclassifications could not be made to net sales amounts previously reported for 2000 and 1999 because the necessary data is
not readily available.
3. Categories within net sales for 1998 and earlier reflect the categories at that time, which cannot be restated to conform to present categories following
reorganization.
20 Omron Corporation