Hitachi 2010 Annual Report Download - page 13

Download and view the complete annual report

Please find page 13 of the 2010 Hitachi 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 130

  • 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
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130

n฀Supplemental฀Geographic฀Information (Years ended March 31, 2010, 2009 and 2008)
Millions of yen
Millions of
U.S. dollars
2010 2009 2008 2010
(unaudited)
Revenues
Japan Outside customer sales . . . . . . . . . . . . . . . . . ¥ 6,006,775 ¥ 6,683,143 ¥ 7,436,999 $ 64,589
Intersegment transactions . . . . . . . . . . . . . . . 1,011,215 1,302,509 1,459,260 10,873
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,017,990 7,985,652 8,896,259 75,462
Asia Outside customer sales . . . . . . . . . . . . . . . . . 1,389,095 1,542,526 1,771,600 14,936
Intersegment transactions . . . . . . . . . . . . . . . 499,947 591,611 637,719 5,376
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,889,042 2,134,137 2,409,319 20,312
North America Outside customer sales . . . . . . . . . . . . . . . . . 670,897 852,100 962,267 7,214
Intersegment transactions . . . . . . . . . . . . . . . 104,698 121,325 123,841 1,126
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 775,595 973,425 1,086,108 8,340
Europe Outside customer sales . . . . . . . . . . . . . . . . . 717,300 738,662 826,188 7,713
Intersegment transactions . . . . . . . . . . . . . . . 33,648 51,318 60,650 362
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 750,948 789,980 886,838 8,075
Other Areas Outside customer sales . . . . . . . . . . . . . . . . . 184,479 183,938 229,681 1,984
Intersegment transactions . . . . . . . . . . . . . . . 3,090 8,367 39,841 33
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 187,569 192,305 269,522 2,017
Subtotal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,621,144 12,075,499 13,548,046 114,206
Eliminations & Corporate items . . . . . . . . . . . (1,652,598) (2,075,130) (2,321,311) (17,770)
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,968,546 10,000,369 11,226,735 96,436
Geographical profit (loss)
Japan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¥ 149,429 ¥ 74,370 ¥ 299,632 $ 1,607
Asia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 89,399 76,742 33,020 961
North America . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,835 7,182 23,087 52
Europe . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11,784 (17,129) 21,575 127
Other Areas . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,273 9,434 13,394 67
Subtotal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 261,720 150,599 390,708 2,814
Eliminations & Corporate items . . . . . . . . . . . (59,561) (23,453) (45,192) (640)
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 202,159 127,146 345,516 2,174
n฀Revenues by Geographic฀Area
Millions of yen
Millions of
U.S. dollars
2010 2009 2008 2010
(unaudited)
Japan Revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . ¥5,313,790 ¥ 5,861,448 ¥ 6,484,496 $57,138
Percentage of Total Revenues (%) . . . . . . . . . 59 59 58
Outside Japan Asia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,699,071 1,911,290 2,167,171 18,269
Percentage of Total Revenues (%) . . . . . . . . . 19 19 19
North America . . . . . . . . . . . . . . . . . . . . . . . 729,698 899,550 1,023,713 7,846
Percentage of Total Revenues (%) . . . . . . . . . 89 9
Europe . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 824,697 904,425 1,073,877 8,868
Percentage of Total Revenues (%) . . . . . . . . . 99 10
Other Areas . . . . . . . . . . . . . . . . . . . . . . . . . 401,290 423,656 477,478 4,315
Percentage of Total Revenues (%) . . . . . . . . . 54 4
Subtotal . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,654,756 4,138,921 4,742,239 39,298
Percentage of Total Revenues (%) . . . . . . . . . 41 41 42
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,968,546 10,000,369 11,226,735 96,436
Notes: 1. Operating income and supplemental geographic information are disclosed in accordance with financial reporting principles and practices generally accepted in Japan.
2. The consolidated figures in this annual report are expressed in yen and, solely for the convenience of the reader, have been translated into United States dollars at the rate of ¥93=U.S.$1, the approximate
exchange rate prevailing on the Tokyo Foreign Exchange Market as of March 31, 2010. See note 3 of the accompanying notes to consolidated financial statements.
3. In order to be consistent with financial reporting principles and practices generally accepted in Japan, operating income (loss) is presented as total revenues less cost of sales and selling, general and
administrative expenses. The Company believes that this is useful to investors in comparing the Company’s financial results with those of other Japanese companies. Under accounting principles generally
accepted in the United States of America, restructuring charges, net gain or loss on sale and disposal of rental assets and other property and impairment losses are included as part of operating income (loss).
See the consolidated statements of operations and notes 19, 20 and 21 to the consolidated financial statements. The restructuring charges mainly represent special termination benefits incurred with the
reorganization of our business structures, and as the result of the Company and its subsidiaries reviewing and reshaping the business portfolio.
4. Share of revenues for each segment is calculated based on amounts before the elimination of inter-segment transactions.
5. Revenues, segment profit (loss), capital investment, depreciation, and assets include “Eliminations & Corporate items.” R&D expenditures include Corporate items. Number of employees includes Corporate.
6. The Company has changed the number of employees to exclude temporary employees starting from the year ended March 31, 2010. Figures for prior years have been restated to reflect the current
year presentation.
11
Hitachi, Ltd. Annual Report 2010