Fujitsu 2008 Annual Report Download - page 122

U.S. Dollars
(thousands)
Years ended March 31 Japan EMEA The Americas APAC & China
Elimination &
Corporate Consolidated
2008
Sales
Unaffiliated customers $36,589,120 $7,607,480 $4,490,890 $4,621,160 $ — $53,308,650
Intersegment 5,707,910 91,900 209,020 3,929,810 (9,938,640) —
Total sales 42,297,030 7,699,380 4,699,910 8,550,970 (9,938,640) 53,308,650
Operating costs and expenses 39,887,720 7,692,170 4,607,420 8,402,560 (9,331,110) 51,258,760
Operating income (loss) 2,409,310 7,210 92,490 148,410 (607,530) 2,049,890
Total assets 22,385,900 4,154,420 1,401,440 2,758,560 7,519,310 38,219,630
1. Classification of the geographic segments is determined by geographical location and interconnectedness of its business activity.
2. The principal countries and regions belonging to geographic segments other than Japan are as follows:
(1) EMEA (Europe, Middle East and Africa) .................U.K., Spain, Germany, Finland, the Netherlands
(2) The Americas .........................................................................U.S.A., Canada
(3) APAC & China (APAC = Asia-Pacific) .........................Australia, Thailand, Vietnam, the Philippines, Singapore, Korea, Taiwan, China
3. Unallocated operating costs and expenses included in “Elimination & Corporate” for the years ended March 31, 2006, 2007 and 2008 were ¥41,461 million, ¥54,965 million
and ¥59,541 million ($595,410 thousand), respectively. Most of these were strategic expenses such as basic research and development expenses and Group management
shared expenses incurred by the Company.
4. Corporate assets included in “Elimination & Corporate” at March 31, 2006, 2007 and 2008 amounted to ¥932,190 million, ¥940,397 million and ¥952,394 million ($9,523,940
thousand), respectively. The assets principally consisted of working capital (cash and cash equivalents and short-term investments), long-term investments and others.
5. As stated in “Change in method of allocating operating expenses” of Note 18, for the year ended March 31, 2007 the Group changed the method by which it allocates
operating expenses for each segment.
Segment information in this regard prior to and for the year ended March 31, 2006 has been restated.
6. Accounting principles and practices were changed for the year ended March 31, 2008 as stated in Note 1. (d) Revenue recognition (g) Inventories (h) Property, plant and
equipment and depreciation and (l) Retirement benefits. As a result of these changes, for the year ended March 31, 2008, sales in “Japan” increased by ¥5,753 million ($57,530
thousand) and operating income in Japan increased by ¥838 million ($8,380 thousand). The impact on other geographic segments was insignificant.
Segment information prior to and for the year ended March 31, 2007 has not been restated.
19. Impact of Non-trading Day at the End of Fiscal Year
Consolidated balance sheets
March 31, 2007, the end of the fiscal year, was a non-trading day for financial institutions in Japan. In accordance
with Japanese business custom, receivables and payables are settled in the following fiscal year if the end of
the fiscal year is a non-trading day for financial institutions. The receivables and payables settled in the following
fiscal year for the above reason and stated in the balance sheet at March 31, 2007 were as follows:
Yen
(millions)
U.S. Dollars
(thousands)
At March 31 2007 2008 2008
Receivables, trade ¥ 18,049 ¥— $—
Current assets—others 285 — —
Total current assets (A) 18,334 — —
Payables, trade 74,168 — —
Accrued expenses 19,180 — —
Current liabilities—others 34,584 — —
Total current liabilities (B) 127,932 — —
Increase in current liabilities, net of current assets (B)–(A) ¥109,598 ¥— $—
120
ANNUAL REPORT 2008FUJITSU LIMITED
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS