Pentax 2004 Annual Report Download - page 62

Download and view the complete annual report

Please find page 62 of the 2004 Pentax annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 74

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74

60
No»18 SUBSEQUENT EVENTS
(1) Appropriations of Retained Earnings
The following appropriations of retained earnings for the year ended March 31, 2004 were resolved by the Company’s Board of Directors
on May 27, 2004:
Thousands of
Millions of Yen U.S. Dollars
Year-end cash dividends, ¥50.00 ($0.47) per share ¥5,563 $52,481
In addition to the cash dividends described above, the Company paid interim cash dividends of ¥5,560 million ($52,452 thousand,
¥50.00 ($0.47) per share) on November 26, 2003 to shareholders of record as of September 30, 2003, based on a resolution of the Board
of Directors.
(2) Retirement of Treasury Stock
On May 27, 2004, the Board of Directors of the Company made a resolution to retire 3,775 thousand shares of treasury stock, amounting
to ¥30,702 million ($289,642 thousand), effective as of June 1, 2004.
(3) Stock Option Plan
At the Company's shareholders meeting held on June 18, 2004, the following stock option plan for the Group's directors and key
employees was approved. The plan provides for granting options to the Group's directors and key employees to purchase up to 300
thousand shares of the Company's common stock in the period from October 1, 2005 to September 30, 2009. 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.
No»19 SEGMENT INFORMATION
Information about industry segments, geographical segments and sales to foreign customers of the Company and subsidiaries for the
years ended March 31, 2004, 2003 and 2002 was as follows:
(1) Industry Segments
a. Sales and Operating Income
Millions of Yen
2004
Lifestyle
Information Technology Eye Care Refinement
Eliminations
Electro-Optics Photonics Vision Care Health Care Crystal Service Total and Corporate Consolidated
Sales to customers ¥135,071 ¥ 4,116 ¥ 98,203 ¥ 28,381 ¥ 4,322 ¥ 1,351 ¥ 271,444 ¥271,444
Intersegment sales 81 18 62 5,804 5,965 ¥ (5,965)
Total sales 135,152 4,116 98,221 28,381 4,384 7,155 277,409 (5,965) 271,444
Operating expenses 89,982 4,193 80,725 22,108 4,880 6,547 208,435 (5,158) 203,277
Operating income (loss) ¥45,170 ¥ (77) ¥17,496 ¥ 6,273 ¥ (496) ¥ 608 ¥ 68,974 ¥ (807) ¥ 68,167