Pentax 2008 Annual Report Download - page 82

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Sales to customers
Interarea transfers
Total sales
Operating expenses
Operating income (loss)
Assets
¥56,680
374
57,054
51,788
5,266
¥37,722
¥291,566
54,012
345,578
315,421
30,157
¥333,040
¥89,420
757
90,177
83,359
6,818
¥66,642
¥43,965
157,230
201,195
157,360
43,835
¥228,174
¥481,631
212,373
694,004
607,928
86,076
¥665,578
¥ —
(212,373)
(212,373)
(221,371)
8,998
¥23,866
¥481,631
—
481,631
386,557
95,074
¥689,444
Millions of Yen
2008
North
America
Eliminations
and Corporate
Japan Europe Asia Total Consolidated
Sales to customers
Interarea transfers
Total sales
Operating expenses
Operating income (loss)
Assets
$565,729
3,730
569,459
516,901
52,558
$376,505
$2,910,128
539,099
3,449,227
3,148,226
301,001
$3,324,080
$892,501
7,552
900,053
832,013
68,040
$665,161
$ 438,818
1,569,318
2,008,136
1,570,614
437,522
$2,277,417
$4,807,176
2,119,699
6,926,875
6,067,754
859,121
$6,643,163
$ —
(2,119,699)
(2,119,699)
(2,209,515)
89,816
$ 238,202
$4,807,176
—
4,807,176
3,858,239
948,937
$6,881,365
Thousands of U.S. Dollars
2008
North
America
Eliminations
and Corporate
Japan Europe Asia Total Consolidated
(2) Geographical Segments
The geographical segments of the Company and subsidiaries for the years ended March 31, 2008, 2007 and 2006 are summarized as follows:
Notes: 1. The Company and subsidiaries primarily engage in the manufacture and sale of products in six major segments grouped on the basis of similarities in the types, nature and market of the
products. The six segments, namely, Electro-Optics, Photonics, Vision Care, Health Care, Pentax, and Other Businesses, consist primarily of the following products:
Electro-Optics: Photomasks and mask blanks for semiconductors, masks for liquid-crystal display (LCD), parts for glass panels of LCDs, glass disks for hard disk drives (HDDs), optical lenses,
optical glasses, electronic glasses, optical communication products, etc.
Photonics: Laser equipment, light sources for use in the electronics industry, special optical glass, etc.
Vision Care: Eyeglasses, eyeglass frames, etc.
Health Care: Contact lenses and related accessories, intraocular lenses, etc.
Pentax: (Lifecare) Endoscopes, Medical Accessories, APACERAM bone prosthesis, CHT Ceramic Hydroxapatite, etc.
(Imaging System) Digital cameras, Interchangeable lenses, Accessories for cameras, etc.
(Optical Components) Digital camera modules, Micro lenses, CCTV lenses, etc.
Other Businesses: Crystal glass products, construction of information systems, outsourcing, etc.
2. The Crystal and Services businesses used to be presented separately as individual divisions. However, shrinking sales and operating income brought about by restructuring has reduced the
importance of separate presentation, and from the fiscal year ended March 31, 2007, these businesses are presented together as “Other Businesses.”
3. Since Pentax and its subsidiaries were consolidated to Hoya Corporation during the period under review, the segmentation of business category, products and services are reclassified as per
above. Profit and loss of Pentax and its subsidiaries are combined into the Consolidated Statements of Income from October 1, 2007 and the statements of income include Pentax and its
subsidiaries’ profit and loss only for six months ended March 31, 2008.
4. Corporate operating expenses consist primarily of the administration expenses of the Company and foreign holding companies, which are not allocated to industry segments. Corporate
operating expenses for the years ended March 31, 2008, 2007 and 2006 were ¥6,289 million ($62,771 thousand), ¥3,370 million and ¥2,630 million, respectively.
5. Corporate assets consist primarily of cash, time deposits, investment securities and administrative assets of the Company and the foreign holding companies. Corporate assets as of March
31, 2008, 2007 and 2006 were ¥153,256 million ($1,529,654 thousand), ¥61,381 million and ¥35,135 million, respectively.
6. Consolidated operating expenses are equal to the total of cost of sales and selling, general and administrative expenses shown in the accompanying consolidated statements of income.
Assets
Depreciation
Impairment Loss
Capital expenditures
¥7,606
109
—
208
¥204,192
18,716
—
37,244
¥98,243
6,444
—
7,958
¥19,927
855
—
2,391
¥840
—
864
762
¥3,984
53
—
160
¥334,792
26,177
864
48,723
¥26,746
75
369
63
¥361,538
26,252
1,233
48,786
Millions of Yen
2006
Information
Technology
Electro-Optics Photonics Vision Care Health Care Crystal Service
Eye Care Lifestyle
Refinement Total
Eliminations
and
Corporate
Consolidated
b. Assets, Depreciation, Loss on Impairment of Long-Lived Assets and Capital Expenditures
Notes to Consolidated Financial Statements
Hoya Corporation and Subsidiaries
80