Panasonic 2006 Annual Report Download - page 51

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Matsushita Electric Industrial Co., Ltd. 2006
Sales by Region
Thousands of
Millions of yen U.S. dollars
2006 2005 2004 2003 2002 2006
Domestic sales .................................... ¥ 4,611,440 ¥ 4,580,555 ¥ 3,477,492 ¥ 3,453,836 ¥ 3,313,912 $39,414,017
Overseas sales:
North and South America ............... 1,387,424 1,282,956 1,326,940 1,420,802 1,495,258 11,858,325
Europe ........................................... 1,113,556 1,122,493 1,080,143 999,637 839,248 9,517,573
Asia and Others ............................... 1,781,909 1,727,632 1,595,169 1,527,439 1,425,419 15,229,991
Total ............................................ 4,282,889 4,133,081 4,002,252 3,947,878 3,759,925 36,605,889
Total .................................................. ¥ 8,894,329 ¥ 8,713,636 ¥ 7,479,744 ¥ 7,401,714 ¥ 7,073,837 $76,019,906
¥72.7 billion ($621 million), which is equal to 4.2% of
sales, from ¥66.8 billion in the previous year, as a result
of an increase in sales and cost rationalization efforts.
Sales of JVC were ¥703.1 billion ($6,010 million),
down 4% from ¥730.2 billion in the previous year.
Despite favorable sales in software and media, sales
downturns in AV equipment and devices led to overall
decreased sales compared with a year ago.
With respect to this segment, profit decreased from a
gain of ¥9.9 billion in fiscal 2005, to a loss of ¥5.8 bil-
lion ($49 million) for fiscal 2006, due mainly to delayed
launches of digital AV products and price declines in
digital products.
Sales in the Other segment amounted to ¥1,315.3
billion ($11,242 million), a sharp increase of 28% from
the previous year, due mainly to favorable sales in fac-
tory automation (FA) equipment.
With respect to this segment, profit jumped 62%
from ¥38.4 billion for fiscal 2005, 4.7% against sales, to
¥62.2 billion ($532 million) in fiscal 2006, owing pri-
marily to sales increases as well as the effects of various
rationalization efforts.
Sales by Region
Sales in Japan increased 1% to ¥4,611.4 billion ($39,414
million), from ¥4,580.5 billion in fiscal 2005, due
mainly to increased sales of digital AV products, such as
plasma TVs and digital cameras, automotive electronics
equipment and air-conditioners.
Overseas sales were up by 4%, to ¥4,282.9 billion
($36,606 million), from ¥4,133.1 billion in the previous
fiscal year.
By region, sales in the Americas increased 8% to
¥1,387.4 billion ($11,858 million), from ¥1,283.0 bil-
lion. Sales of plasma TVs, PCs and video broadcasting
systems showed significant year-on-year growth, result-
ing in sales gains in AVC Networks, and an overall
increase in sales for this region.
Sales in Europe decreased 1% to ¥1,113.6 billion
($9,518 million), from the previous year’s ¥1,122.5 bil-
lion. Despite increased sales of plasma TVs, digital cam-
eras and DVD recorders, sales declines were recorded in
audio equipment, mobile phones and facsimiles in AVC
Networks, as well as air-conditioners in Home Appli-
ances, resulting in an overall decrease in sales for this
region.
In the Asia and Others region, sales increased 3% to
¥1,781.9 billion ($15,230 million). In Asia (excluding
China), strong sales were recorded in plasma TVs, digi-
tal cameras and optical disc drives for PCs in AVC Net-
works, as well as air-conditioners, lighting equipment
and general electronic components, sufficient to offset
decreased sales in semiconductors and other products,
resulting in overall sales gains. Meanwhile, in China,
sales gains were recorded for plasma TVs and digital
cameras, sufficient to offset weak sales for optical disc
drives for PCs, air-conditioners and other products,
resulting in overall increased sales.