Canon 2013 Annual Report Download - page 94

Download and view the complete annual report

Please find page 94 of the 2013 Canon 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 100

  • 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
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100

Strategy FINANCIAL SECTION
92 Corporate DataBusiness Segment Corporate Structure
The following information is based on the location of the Company and its subsidiaries as of and for the years ended
December 31, 2013, 2012 and 2011. In addition to the disclosure requirements under U.S. GAAP, Canon discloses this infor-
mation in order to provide financial statements users with useful information.
Millions of yen Japan Americas Europe
Asia and
Oceania
Corporate and
eliminations Consolidated
2013: Net sales:
External customers ¥ 797,501 ¥ 1,056,096 ¥ 1,124,603 ¥ 753,180 ¥ ¥ 3,731,380
Intersegment 1,855,181 11,774 53,281 881,765 (2,802,001)
Total 2,652,682 1,067,870 1,177,884 1,634,945 (2,802,001) 3,731,380
Operating cost and expenses 2,326,351 1,043,487 1,171,357 1,574,125 (2,721,217) 3,394,103
Operating profit ¥ 326,331 ¥ 24,383 ¥ 6,527 ¥ 60,820 ¥ (80,784) ¥ 337,277
Total assets ¥ 1,152,398 ¥ 447,039 ¥ 496,549 ¥ 631,827 ¥ 1,514,897 ¥ 4,242,710
2012: Net sales:
External customers ¥ 834,406 ¥ 932,987 ¥ 1,010,922 ¥ 701,473 ¥ ¥ 3,479,788
Intersegment 1,829,834 23,767 5,650 781,836 (2,641,087)
Total 2,664,240 956,754 1,016,572 1,483,309 (2,641,087) 3,479,788
Operating cost and expenses 2,336,536 937,111 972,585 1,437,527 (2,527,827) 3,155,932
Operating profit ¥ 327,704 ¥ 19,643 ¥ 43,987 ¥ 45,782 ¥ (113,260) ¥ 323,856
Total assets ¥ 1,206,702 ¥ 339,918 ¥ 457,592 ¥ 548,583 ¥ 1,402,708 ¥ 3,955,503
2011: Net sales:
External customers ¥ 807,883 ¥ 952,833 ¥ 1,109,256 ¥ 687,461 ¥ ¥ 3,557,433
Intersegment 1,873,157 16,217 4,681 744,179 (2,638,234)
Total 2,681,040 969,050 1,113,937 1,431,640 (2,638,234) 3,557,433
Operating cost and expenses 2,273,336 948,593 1,069,489 1,388,580 (2,500,636) 3,179,362
Operating profit ¥ 407,704 ¥ 20,457 ¥ 44,448 ¥ 43,060 ¥ (137,598) ¥ 378,071
Total assets ¥ 1,236,468 ¥ 250,131 ¥ 427,030 ¥ 442,263 ¥ 1,574,835 ¥ 3,930,727
Thousands of U.S. dollars Japan Americas Europe
Asia and
Oceania
Corporate and
eliminations Consolidated
2013: Net sales:
External customers $ 7,595,248 $ 10,058,057 $ 10,710,505 $ 7,173,142 $ $ 35,536,952
Intersegment 17,668,390 112,133 507,438 8,397,763 (26,685,724)
Total 25,263,638 10,170,190 11,217,943 15,570,905 (26,685,724) 35,536,952
Operating cost and expenses 22,155,724 9,937,971 11,155,781 14,991,667 (25,916,353) 32,324,790
Operating profit $ 3,107,914 $ 232,219 $ 62,162 $ 579,238 $ (769,371) $ 3,212,162
Total assets $ 10,975,219 $ 4,257,514 $ 4,729,038 $ 6,017,400 $ 14,427,591 $ 40,406,762
22. SUBSEQUENT EVENT
On February 18, 2014, the Board of Directors of the Company
approved and implemented a plan to repurchase up to 18 mil-
lion shares of the Company’s common stock at a cost of up
to ¥50,000 million ($476,190 thousand) for the period from
February 19, 2014 to April 4, 2014. Such repurchases are
intended to improve capital efficiency and ensure flexible
capital strategy. Common stock repurchased in the Tokyo
Stock Exchange between February 19, 2014 and March 4, 2014
under the aforementioned plan was 15,957,600 shares at a
cost of ¥50,000 million ($476,190 thousand).