Casio 2006 Annual Report Download - page 2

Download and view the complete annual report

Please find page 2 of the 2006 Casio 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 46

  • 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

Prof ile
Consolidated Financial Highlights 1
Message from the President 2
CASIO at a Glance 6
Five Strategic Businesses 8
Research and Development 14
Corporate Social Responsibility (CSR) Activities 16
Management’s Discussion and Analysis 18
Business Risks 21
Consolidated Six-Year Summary 23
Consolidated Balance Sheets 24
Consolidated Statements of Income 26
Consolidated Statements of Shareholders’ Equity 27
Consolidated Statements of Cash Flows 28
Notes to Consolidated Financial Statements 29
Independent Auditors’ Report 40
Principal Subsidiaries 41
Directors and Corporate Auditors 41
Corporate Data 41
Investor Information 42
Contents
Since its establishment in 1957, Casio Computer Co., Ltd. has made its mission the pursuit of “Creativity
and Contribution.” Casio aims to spur corporate growth, increase corporate value, and continue to be
a highly visible and attractive Company to shareholders and customers by using ingenious concepts
and state-of-the-art technologies to create products and services that will make the lives of people
throughout the world more enjoyable and comfortable.
In the term ended March 31, 2006, Casio strongly promoted and developed its strategic businesses,
which are timepieces, digital cameras, electronic dictionaries, cellular phones, and TFT LCDs, in pursuit
of management targets. At the same time, the Company focused on realizing greater management
efciency, including raising operating income margins and improving capital effi ciency. As a result of
these efforts, the Company achieved record-high net sales and net income for the third terms in a row.
We will make maximum use of our expertise in our strategic businesses. Casio will expand business
through the development of inventive products and the promotion of stable long-term profi tability.
Earnings estimates and expectations that are not historical fact included
in this report are forward-looking statements.
Although such forward-looking statements refl ect the judgment of
management based on information currently available to it, various fac-
tors could cause actual results to differ materially.
Forward-looking Statements