Wacom 2013 Annual Report Download - page 21

Notes:
a) Others for the year ended March 31, 2012 and 2013
consist of Software businesses, which are not
included in reportable segments.
b) Adjustments mainly include expenses incurred in
administrative divisions such as the finance division
and business administration division, which do not
belong to reportable segments.
c) Operating income (loss) is adjusted to consolidated
operating income.
Related information -
(a) Information by product and service
Information by product and service is omitted as the
similar information is presented in Segment informa-
tion section.
(b) Information by geography
i) Net sales
Information regarding net sales by geography as of
March 31, 2012 and 2013 are as follows:
ii) Property, plant and equipment
Information regarding property, plant and equipment
by geography as of March 31, 2012 and 2013 are as
follows:
(c) Information by major customer
40
Thousands of U.S. dollars
Year ended March 31, 2013
Net sales:
(1)Outside customers
(2)Inter-segment
Total
Operating income (loss):
Assets:
Other items:
Depreciation
Amortization of goodwill
Increase or decrease of
property, plant and
equipment and
intangible assets
$312,667
-
$312,667
$52,044
$192,541
$8,631
-
10,198
$330,208
-
$330,208
$59,058
$118,814
$1,752
230
3,212
$642,875
-
$642,875
111,102
$311,355
$10,383
230
13,410
$649,315
-
$649,315
$84,158
$532,953
$12,105
230
19,618
$649,315
-
$649,315
$112,192
$316,270
$10,940
230
14,381
$6,440
-
$6,440
$1,090
$4,915
$557
-
971
$-
-
$-
($28,034)
$216,683
$1,165
-
5,237
Reportable segments
Brand Component Total
Others
(Note a) Total
Adjustments
(Note b)
Consolidated
(Note c)
Thousands of yen
Year ended March 31, 2013
Net sales:
(1)Outside customers
(2)Inter-segment
Total
Operating income (loss):
Assets:
Other items:
Depreciation
Amortization of goodwill
Increase or decrease of
property, plant and
equipment and
intangible assets
¥29,406,293
-
¥29,406,293
¥4,894,771
¥18,108,478
¥811,792
-
959,121
¥31,056,073
-
¥31,056,073
¥5,554,400
¥11,174,500
¥164,761
21,652
302,134
¥60,462,366
-
¥60,462,366
¥10,449,171
¥29,282,978
¥976,553
21,652
1,261,255
¥61,068,078
-
¥61,068,078
¥7,915,051
¥50,124,193
¥1,138,438
21,652
1,845,103
¥61,068,078
-
¥61,068,078
¥10,551,644
¥29,745,158
¥1,028,868
21,652
1,352,529
¥605,712
-
¥605,712
¥102,473
¥462,180
¥52,315
-
91,274
¥-
-
¥-
(¥2,636,593)
¥20,379,035
¥109,570
-
492,574
Reportable segments
Tablet
Component Total
Others
(Note a) Total
Adjustments
(Note b)
Consolidated
(Note c)
Thousands of yen
Year ended March 31, 2013
Net sales
¥31,710,003 ¥9,355,229 ¥9,018,923 ¥9,769,114 ¥1,214,809 ¥61,068,078
Japan Americas Europe Asia/
Oceania Others Total
Thousands of dollars
Year ended March 31, 2013
Net sales $337,161 $99,471 $95,895 $103,871 $12,917 $649,315
Japan Americas Europe Asia/
Oceania Others Total
Thousands of yen
Year ended March 31, 2012
Net sales ¥12,780,756 ¥9,148,302 ¥8,650,728 ¥9,424,116 ¥701,676 ¥40,705,578
Japan Americas Europe Asia/
Oceania Others Total
Thousands of yen
As of March 31, 2012
Property,
plant and
equipment ¥2,770,789 ¥505,663 ¥116,655 ¥224,005 ¥3,617,112
Japan North
America Europe Asia/ Oceania Total
Thousands of yen
As of March 31, 2013
Property,
plant and
equipment ¥3,157,451 ¥552,791 ¥185,458 ¥514,210 ¥4,409,910
Japan North
America Europe Asia/ Oceania Total
Thousands of dollars
As of March 31, 2013
Property,
plant and
equipment $33,572 $5,878 $1,972 $5,467
Japan North
America Europe Asia/ Oceania Total
$46,889
2012
Related segment
¥5,086,360
Net sales
(Thousands of yen)
Name of customer
Samsung Japan
Corporation Component
Related segment
2013
¥24,444,563
Net sales
(Thousands of yen)
Name of customer
Samsung Electronics
Group Component
2013
Related segment
$259,910
Net sales
(Thousands of U.S. dollars)
Name of customer
Samsung Electronics
Group Component
18. Asset retirement obligations:
Information regarding asset retirement obligations rec-
ognized in the consolidated balance sheets is as
follows.
Overview of asset retirement obligation -
Asset retirement obligations mainly consist of restora-
tion costs associated with the office rental contract of
Tokyo branch office.
Method to calculate asset retirement obligations -
Amount of asset retirement obligations is calculated by
using the following assumptions.
(a) Expected duration of use
Mainly 15 years from acquisition
(b) Discount rate 0.762% to 1.391%
Increase and decrease of asset retirement obligations
-
Increase and decrease of the amount of asset retire-
ment obligations during the year ended March 31,
2012 and 2013 is as follows.
19. Segment information:
Segment information -
(a) Overview of reportable segments
The Company’ s reportable segments represent com-
ponents of the company for which separate financial
information is available and the board of directors
reviews on a regular basis in determining how to allo-
cate the Company’ s resources and evaluate perfor-
mance.
The Company establishes business units by product
and service and each business unit develops compre-
hensive domestic and overseas strategies about the
products and services.
Accordingly, the Company’ s operations are
comprised of segments which are separated by prod-
uct and service based on the business unit and have
two reportable segments: Brand business and Com-
ponent business.
The Brand business and Component business are
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” changed to “Brand business”
from the fiscal year ended March 31, 2013.
(b) Methods for calculating the amounts of net sales,
operating income (loss), assets and other items by
reportable segment
The accounting for reportable segments is the same
as specified in “Summary of significant accounting
policies” .
i) As stated in “Changes in accounting policies” , the
Company has changed the method of depreciation of
property, plant and equipment to the straight-line
method from the fiscal year ended March 31, 2013.
ii) As a result, segment income for the fiscal year
ended March 31, 2013 increased ¥187,028 thousand
in “Brand business” , ¥82,856 thousand in
“Component business” , ¥4,508 thousand in
“Others” , and ¥14,184 thousand in administrative
divisions which do not belong to reportable segments
and are included in “Adjustments” .
(c) Information regarding net sales, operating income
(loss), assets and other items by reportable segment
for the year ended March 31, 2012 and 2013 are as
follows:
39
Thousands of
yen
Thousands of
U.S. dollars
Balance at the beginning of
current period
Increase by the acquisition
of property, plant and equipment
Interest expenses
Increase by the change
in estimation
Decrease due to settlement
of asset retirement obligations
Others
Balance at the end of
current period
¥76,295
64,611
634
-
(63,867)
371
¥78,044
$811
687
7
-
(679)
4
$830
2013
Thousands of
yen
¥48,596
-
715
26,964
-
20
¥76,295
2012 2013
Thousands of yen
Year ended March 31, 2012
Net sales:
(1)Outside customers
(2)Inter-segment
Total
Operating income (loss):
Assets:
Other items:
Depreciation
Amortization of goodwill
Increase or decrease of
property, plant and
equipment and
intngible assets
¥28,507,159
-
¥28,507,159
¥5,124,727
¥17,712,705
¥745,383
-
869,220
¥11,682,921
-
¥11,682,921
¥1,090,508
¥5,59 4,110
¥142,146
21,651
242,140
¥40,190,080
-
¥40,190,080
¥6,215,235
¥23,306,815
¥887,529
21,651
1,111,360
¥40,705,578
-
¥40,705,578
¥4,067,475
¥34,129,398
¥1,046,489
21,651
1,381,378
¥40,705,578
-
¥40,705,578
¥6,285,428
¥23,656,530
¥930,379
21,651
1,181,860
¥515,498
-
¥515,498
¥70,193
¥349,715
¥42,850
-
70,500
¥-
-
¥-
(¥2,217,953)
¥10,472,868
¥116,110
-
199,518
Reportable segments
Tablet Component Total
Others
(Note a) Total
Adjustments
(Note b)
Consolidated
(Note c)