Pentax 2008 Annual Report Download - page 44

Download and view the complete annual report

Please find page 44 of the 2008 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 92

  • 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
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92

Operating margin (%)
Ordinary income ratio (%)
Return on sales (%)
19.7
20.8
17.0
27.5
26.4
21.4
29.4
30.1
22.0
2006 2007
2008
(%)
27.6
29.1
20.8
2005
25.1
24.5
14.6
2004
Profit Ratios
Quarterly Profit Ratios
(%)
Operating margin (%)
Ordinary income ratio (%)
Return on sales (%)
2008
2007
29.4
27.1
23.2
28.4
25.9
23.1
27.5
25.4
20.2
24.8
27.1
19.1
23.2
24.5
17.5
26.6
27.8
20.8
18.7
19.2
15.4
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
Return on owners’ equity [ROE] (%)
Ordinary income/total assets (%)
Return on assets [ROA] (%)
21.6
17.6
14.4
25.9
25.4
20.6
27.1
29.1
21.2
2006 2007 2008
(%)
25.8
27.9
20.0
2005
17.8
23.6
14.0
2004
Profitability
40
30
20
10
0
40
30
20
10
0
40
30
20
10
0
Note: From the fiscal year ended March 31, 2007, the Company has applied “Accounting Standard for Presentation of Net Assets in the Balance Sheet” (Statement No. 5 issued by the Accounting
Standards Board of Japan on December 9, 2005) and “Guidance on Accounting Standard for Presentation of Net Assets in the Balance Sheet” (Guidance No. 8 issued by the Accounting
Standards Board of Japan on December 9, 2005), replacing “Return on shareholders’ equity” used to date with “Return on owners’ equity.” The figures for “Return on owners’ equity” presented
for the fiscal year ended March 31, 2006 and earlier correspond to those of the former “Return on shareholders’ equity.”
13.3
14.7
15.5
Management’s Discussion and Analysis
42