Pentax 2003 Annual Report Download - page 54

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52
No»18 SUBSEQUENT EVENTS
(1) Appropriations of Retained Earnings
The following appropriations of retained earnings for the year ended March 31, 2003 were approved at the Company’s shareholders
meeting held on June 20, 2003:
Thousands of
Millions of Yen U.S. Dollars
Year-end cash dividends, ¥25.00 ($0.21) per share ¥2,879 $23,992
Bonuses to directors 120 1,000
Total ¥2,999 $24,992
In addition to the cash dividends described above, the Company paid interim cash dividends of ¥2,903 million [$24,192 thou-
sand, ¥25.00 ($0.21) per share] on December 1, 2002 to shareholders of record as of September 30, 2002, based on a resolution of
the Board of Directors.
(2) Stock Option Plan and Purchase of Treasury Stock
At the Company’s shareholders meeting held on June 20, 2003, the Company’s shareholders approved the following stock option
plan for the Group’s directors and key employees and the purchase of treasury stock:
a. Stock option plan
The plan provides for granting options to the Group’s directors and key employees to purchase up to 1,200 thousand shares of the
Company’s common stock in the period from October 1, 2004 to September 30, 2008. The options are granted at an exercise price
at the fair value at the previous date of the option grant. The Company plans to issue acquired treasury stock upon exercise of the
stock options.
b. Purchase of treasury stock
The Company is authorized to repurchase up to 1,150 million shares of the Company’s common stock (aggregate amount of ¥85
billion) as treasury stock until the next general shareholders meeting in June 2004.
No»19 SEGMENT INFORMATION
Information about industry segments, geographical segments and sales to foreign customers of the Company and consolidated
subsidiaries for the years ended March 31, 2003, 2002 and 2001 is as follows:
(1) Industry Segments
a. Sales and Operating Income Millions of Yen
2003
Lifestyle
Information Technology Eye Care Refinement
Eliminations
Electro-Optics Photonics Vision Care Health Care Crystal Service Total and Corporate Consolidated
Sales to customers ¥111,461 ¥5,485 ¥94,388 ¥26,717 ¥6,719 ¥1,523 ¥246,293 ¥246,293
Intersegment sales 207 1,988 35 3,025 5,255 ¥(5,255)
Total sales 111,668 5,485 96,376 26,717 6,754 4,548 251,548 (5,255) 246,293
Operating expenses 77,254 6,073 80,978 21,628 6,766 4,309 197,008 (3,698) 193,310
Operating income (loss) ¥034,414 ¥ (588) ¥15,398 ¥05,089 ¥0,(12) ¥0,239 ¥054,540 ¥(1,557) ¥052,983