Wacom 2013 Annual Report Download

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© 2013 Wacom Co., Ltd. Wacom is a trademark of the Wacom Company, Ltd.
All rights reserved. All other company names and product names are trademarks or registered trademarks of their respective owners.
JIS Q 9001
JIS Q 14001
JSAQ2067, JSAE1201
Annual Report
2013

Table of contents

  • Page 1
    2013 Annual Report JIS Q 9001 JIS Q 14001 JSAQ2067, JSAE1201 © 2013 Wacom Co., Ltd. Wacom is a trademark of the Wacom Company, Ltd. All rights reserved. All other company names and product names are trademarks or registered trademarks of their respective owners.

  • Page 2
    ..., where people are free to explore and express new ideas. Creativity puts a smile on the face of the world. Our Vision A world alive with creativity Our Mission We inspire and equip people to make the world a more creative place. Our Brand Open up. Sense more. Open up to the possibilities...

  • Page 3
    ... Bamboo Stylus feel for Samsung Galaxy Note Mar. 2013 Feb. 2013 Launch of Cintiq 13HD, a thin and compact interactive pen display ECAD dio 2013 featuring harness design and 3D function for electrical design released Awarded with "Best IR Award for Small & Medium Cap. Companies" by the Japan Investor...

  • Page 4
    ... as new mobile product categories, and together with SNS and cloud computing, formed a new mainstream business platform. In our Brand business, we expanded our Cintiq series of interactive pen display products and grew our Bamboo stylus series for tablets. Our digital signature products business...

  • Page 5
    ... best work efficiency. Cintiq 24HD touch Combination of refined, sophisticated design and traditional pen's ease-of-use Cintiq 13HD "Best IR Award for Small & Medium Cap. Companies" given to Wacom by the Japan Investor Relations Association Wacom was awarded with "Best IR Award for Small & Medium...

  • Page 6
    ... a new set-up to group this business by user characteristics. Cintiq 13HD Cintiq 24HD touch Creative Business This business segment provides high value-added products and solutions which support creative users' passion and answer their needs. Applicable products are pen tablets (Intuos, Bamboo...

  • Page 7
    ...-a-car operator such as vehicle type, terms and conditions, on to signature, can be carried out on the screen of Wacom's LCD pen tablets. Sensor board + Controller IC Multi-touch components Wacom's unique multi-touch components, which can easily be combined with its digital pen, are widely used...

  • Page 8
    ...2002 Ubiquitous Digital Paper, Multifunctional Terminals, Tablet PCs etc. 2007 Pen input Standard Support on Windows Vista OS 2010 Multi-touch Standard Support on Windows 7 OS, Android OS 2012 Ink communication Standard Support on Android 4.0 OS, Windows 8 OS Near future Cloud Toward becoming...

  • Page 9
    ... Wacom Technology Corporation was established in 1991 in Vancouver, Washington, in the United States. The company is not only responsible for sales and customer support in North and Latin America, but also plays key roles in global marketing, technology development, product management, and product...

  • Page 10
    ... Wacom as an Executive Officer of Global Marketing and Sales. 12,800 Corporate Auditors Haruo Mizuno (Full-time), Takeshi Ebitani, Takashi Kamura Executive Officers Masahiko Yamada CEO, Shigeki Komiyama Japan-Asia Pacific Region, Wataru Hasegawa Chief Financial Officer, Sadao Yamamoto R&D Office...

  • Page 11
    ...-Year Summary Wacom Co., Ltd. and Its Subsidiaries Five-Year Summary Thousands of yen Year ended March 31 2012 2011 Thousands of U.S. dollars Year ended March 31 2013 $649,315 257,685 84,158 80,232 50,723 62,415 2009 2010 2013 Financial Section For the year: Net sales Gross profit Operating...

  • Page 12
    ...online marketing and sales activities, developing new products, expanding the product lineup for tablet devices and strengthening the development systems for pen applications. We also focused on enhancing our SCM system in Shanghai, China, developing a new ERP system in Asia and Oceania. The Company...

  • Page 13
    ... 31 2012 2013 Thousands of U.S. dollars (Note 1) March 31 2013 5,000 4,000 3,606 3,000 2,000 1,478 1,179 1,000 0 '09 '10 '11 '12 '13 Assets: Current assets Cash and deposits (Note 9) Notes and accounts receivable-trade (Note 5) Merchandise and finished goods (Note 2) Work in process...

  • Page 14
    ...Income Wacom Co., Ltd. and Its Subsidiaries Thousands of yen Year ended March 31 2012 2013 Thousands of U.S. dollars (Note 1) Year ended March 31 2013 Liabilities: Current liabilities Notes and accounts payable-trade (Note 5) Short-term loans payable Income taxes payable Provision for bonuses (Note...

  • Page 15
    ... March 31 March 31 2012 2013 Thousands of U.S. dollars (Note 1) Year ended March 31 2013 Consolidated Statements of Changes in Net Assets Wacom Co., Ltd. and Its Subsidiaries Thousands of yen March 31 2012 2013 ¥4,196,405 7,064 7,064 4,203,469 4,037,819 7,063 7,063 4,044,882 13,800,300 (1,205,448...

  • Page 16
    ...; • Wacom Europe GmbH • Wacom Technology Corporation • Wacom China Corporation • Wacom Korea Co., Ltd. • Wacom Australia Pty. Ltd. • Wacom Hong Kong Ltd. • Wacom Singapore Pte. Ltd. • Wacom Taiwan Information Co., Ltd. • Wacom Technology Services, Corporation • Wacom India Pvt...

  • Page 17
    ... on application of the accounting standard and guidance The Company is currently evaluating the potential impact of this guidance on the consolidated financial statements. (Consolidated statements of income) Previously, freight cost for shipping to the customers was recognized as "Cost of sales" by...

  • Page 18
    ...Thousands of yen Thousands of yen 2012 2013 Thousands of U.S. dollars 2013 2012 2013 Thousands of U.S. dollars 2013 Board meeting on Common stock April 27, 2011 ¥3,000 March 31, 2011 June 2, 2011 Due within one year Due after one year Total minimum lease payments ¥131,415 191,241 ¥322,656...

  • Page 19
    ... receivable - trade are exposed to the credit risk of customers. Such risks are controlled by a scheme to keep track of the due date and outstanding balance for every customer, and check customer's credit status on a regular basis according to the Company's credit limit management policy. Accounts...

  • Page 20
    ... expenses Thousands of Yen March 31 2012 March 31 2013 Thousands of U.S. dollars March 31 2013 ii) Unit price information Date of ordinary shareholders' meeting Exercise price per share (exact yen) Average stock price per share at exercise (exact yen) Fair market price per share at grant (exact yen...

  • Page 21
    ... yen yen U.S. dollars 2012 2013 2013 engaged in development, manufacture and sales of the following products, respectively. i) Brand business: Pen tablets and related software ii) Component business: Components and modules (Electronic pen, multi-touch sensor, touch panel etc.) iii) "Tablet business...

  • Page 22
    ...Electronics Group includes Samsung Electronics Co. Ltd., Samsung Electronics Japan Co. Ltd., and Samsung Japan Corporation. Information regarding the impairment loss of noncurrent assets by reportable segment There were no applicable transactions under this category for the year ended March 31, 2012...

  • Page 23
    ... Technology Services, Corp. (U.S.A.)* 1311 SE Cardinal Court, Vancouver, WA 98683, U.S.A. *The Subsidiary of Wacom Technology Corporation for Internet retailing Employees Business Segments Wacom Europe GmbH (Germany) Europark Fichtenhain A9 D-47807, Krefeld, Germany Wacom China Corporation (China...

  • Page 24
    ...) Japan Trustee Services Bank, Ltd. (Trust Account) Samsung Asia Pte, Ltd. JP Morgan Chase Bank 385174 State Street Bank and Trust Company 505103 Yoji Eto Wilnau Co. Eto Yoji Office The Chase Manhattan Bank, N. A. London SL Omnibus Account Masahiko Yamada Wacom has 2,232 shares of treasury stock at...