Toyota 2007 Annual Report Download - page 134

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132 ANNUAL REPORT 2007
25. Per share amounts:
Reconciliations of the differences between basic and diluted net income per share for the years ended March 31, 2005, 2006 and
2007 are as follows:
Yen in millions Thousands of shares Yen U.S. dollars
Weighted- Net income Net income
Net income average shares per share per share
For the year ended March 31, 2005
Basic net income per common share ................................................. ¥1,171,260 3,296,092 ¥355.35
Effect of dilutive securities
Assumed exercise of dilutive stock options............................... (1) 662
Diluted net income per common share ............................................. ¥1,171,259 3,296,754 ¥355.28
For the year ended March 31, 2006
Basic net income per common share ................................................. ¥1,372,180 3,253,450 ¥421.76
Effect of dilutive securities
Assumed exercise of dilutive stock options............................... (5) 1,049
Diluted net income per common share ............................................. ¥1,372,175 3,254,499 ¥421.62
For the year ended March 31, 2007
Basic net income per common share .................................................
¥1,644,032 3,210,422 ¥512.09 $4.34
Effect of dilutive securities
Assumed exercise of dilutive stock options...............................
(2) 1,812
Diluted net income per common share .............................................
¥1,644,030 3,212,234 ¥511.80 $4.34
Certain stock options were not included in the computation
of diluted net income per share for the years ended March 31,
2005 because the options’ exercise prices were greater than the
average market price per common share during the period.
The following table shows Toyota’s net assets per share as
of March 31, 2006 and 2007. Net assets per share amounts are
calculated as dividing net assets’ amount at the end of each
period by the number of shares issued and outstanding at the
end of corresponding period. In addition to the disclosure
requirements under FAS No. 128, Earnings per Share, Toyota
discloses this information in order to provide financial state-
ment users with valuable information.
Yen in millions Thousands of shares Yen U.S. dollars
Shares issued and
outstanding at the Net assets Net assets
Net assets end of the year per share per share
March 31, 2006...................................................................................... ¥10,560,449 3,241,757 ¥3,257.63
March 31, 2007 ...................................................................................
11,836,092 3,197,936 3,701.17 $31.35